day trading effective? - page 9. | Bitcointalksearch.org

shawonngp

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Quote from: worldtraveller321 on February 28, 2018, 10:12:05 PM

questions on day trading cryptos
seems a tricky task
your watching volumes

so i ask for people in this forum who day trade?
effective for profits,
?
i imagine.impossible when whole market red ?
on videos seems to watch the candle charts?
and hold a red and buy asap to a green?
do u recommend. ? if one has the time?

I am day trader. I try to profit everyday. But sometimes I lose . If you want to day trade, first you look which coin is maximum buy /sell with a little difference amount . then you can choose this coin for that day. I hope you can see profit for a day

margert

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Quote from: worldtraveller321 on February 28, 2018, 10:12:05 PM

questions on day trading cryptos
seems a tricky task
your watching volumes

so i ask for people in this forum who day trade?
effective for profits,
?
i imagine.impossible when whole market red ?
on videos seems to watch the candle charts?
and hold a red and buy asap to a green?
do u recommend. ? if one has the time?

I believe that trading day by day is the best choice at the moment, you can see that bitcoin prices in recent days are constantly fluctuating and difficult to guess, so to be able to trade You should be short-term trading in the market. According to my analysis, bitcoin prices are in the bearish trend in the long term so you should not invest long term at this moment.

bitgolden

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Quote from: worldtraveller321 on May 13, 2018, 07:59:12 AM

So for all of you who day trade

what exchange would you recommend best to do this?

would one with a having option of Tether and a Fiat Currency account work best?

What ones for all you day trades usually use? or do you transfer your money between different exchanges?

would you use Changelly or Shapeshift which offer direct conversions?

look to your kind answers on this.

The day trading is just a perception and is mot important near experienced traders as they know about the effectiveness and the quality of trading. There is no specific time in order to trade but the market specificity is other and the normal time specificity does not exists. Either trade in day time or night time the only thing is necessary and that is called decision. Buying and selling are the two main decisions in which your profit effectiveness depends.

atjiat

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Quote from: GawirZZ on May 15, 2018, 11:23:09 AM

yes daily trading is more effective and more profitable, it will make you fast success but the risk you have to monitor the market every day

It seems to me that trading every day is much calmer Well, because you control the market and you can react a lot to different situations. Therefore, I do not even consider trading with periods with a lot of time.

GawirZZ

newbie

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yes daily trading is more effective and more profitable, it will make you fast success but the risk you have to monitor the market every day

buddhikacrypto

newbie

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day traders need to keep up on the latest market news and events.

SkustaClee

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Quote from: worldtraveller321 on February 28, 2018, 10:12:05 PM

questions on day trading cryptos
seems a tricky task
your watching volumes

so i ask for people in this forum who day trade?
effective for profits,
?
i imagine.impossible when whole market red ?
on videos seems to watch the candle charts?
and hold a red and buy asap to a green?
do u recommend. ? if one has the time?

Day trading is not simple job as you think. There are many people who loses their money because day trading is so risky. I doing day trading because I am a risk taker. I am using all of the knowledge that I learned for me to earn bitcoins through day trading.

Moneypham5

newbie

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It is only effective for people who have a lot of experience investing in this market, and newcomers to this market are very difficult. To do business in the day, you must know a lot about the technical analysis of waves.

sensimilia

sr. member

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With trading every day you can have a chance to start a new game, when holding means that it‘s the moments of ‘sell now or never‘ which makes it very stressful.

robotrobert

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Quote from: iv4n on May 12, 2018, 09:16:33 AM

Quote from: apityeh71 on May 12, 2018, 06:01:54 AM

Its not effective for me because im not focus and does not have full times for that, as i know to become day trader should be has much times to make analysis and know the update news related crypto, so when any bad news we can take decision as soon as possible to selll all crypto and buy back in the bottom. In this current situation of market, day trading promising good profit for trader who totally focus to make analysis in the crypto market.

It's not effective because you aren't focused, you will suck in most of the things if you don't get in with focused mind. Trading is specific way for making profit, you need to be active and to have good source of informations, to know on what to be focused, if you pay attention on all the news you will be confused and your trades will be less successful. Its hard to make any kind of analyses with false informations.
I'm not a day trader because I don't have time to be that, but I trade with many coins on weekly basis, fluctuations are big, dips have tendency to last longer, so I found my good strategy. It's on each trader to fins what suits him and to do that the best he can, only like that is possible to male profit in day trading.

Honestly, in prefer day trading over any other form of this profession because it can bring the most profits and the best thing is a person can make money on daily basis. Now that we need cash to meet daily needs and waiting for long can leave us in trouble during the time we wait but it is not the case with this type. Moreover, there’s no need to keep yourself indulge in too many coins. Biter is to focus on only one asset.

keanne_isaac

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Quote from: worldtraveller321 on February 28, 2018, 10:12:05 PM

questions on day trading cryptos
seems a tricky task
your watching volumes

so i ask for people in this forum who day trade?
effective for profits,
?
i imagine.impossible when whole market red ?
on videos seems to watch the candle charts?
and hold a red and buy asap to a green?
do u recommend. ? if one has the time?

I do not recommend to do day trading for newbie traders as this is prone to losses of your investment usually daytraders are those who are already expert in trading with morethan years of experience as tjey traders need full time checking movent price and volume same as charts amd other trading method of your coin. i only day trade very selldom though the profit here is quick the risk also id higher compared than long term investment.

KnightElite

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Activity: 924

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Quote from: worldtraveller321 on February 28, 2018, 10:12:05 PM

questions on day trading cryptos
seems a tricky task
your watching volumes

so i ask for people in this forum who day trade?
effective for profits,
?
i imagine.impossible when whole market red ?
on videos seems to watch the candle charts?
and hold a red and buy asap to a green?
do u recommend. ? if one has the time?

Day trading is risky but it is very effective strategy for you to easily grow your money. There are many traders who prefer to do day trading than long term investment because they say that they can make 5%-20% daily by doing day trading.

otunayode

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Gradually buying down a red is a powerful and tactical way of turning market red to your green advantage. Your profit will be instant the moment there is a slight increase in price and when there is full blown green then you will be reaping good profit!

tapaibuccok

member

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I think day trading is not effective because this is very risky, we never know when the coin will rise and fall in real terms, maybe short term trading is more effective because we can see its development in a few weeks or months

Bitexpert2017

member

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I see day trading as a real profitable Job but as gambling, it offers the same risk. I see day trading profits when you have huge initial investments to trade just to create considerable amount of profits.

mung_nasib

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DeFixy.com - The future of Decentralization

I think daily trading is an effective way for a trader to continue to earn a profit so making them more motivated to continue to make short-term investments continuously and to meet the basic needs more secure without any obstacles at all.

bellator66

newbie

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In trading, we have to do regularly and sustainably. Our results can be stable and collected.
If we do a random trade, the result is not maximal.

JRoa

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Quote from: worldtraveller321 on February 28, 2018, 10:12:05 PM

questions on day trading cryptos
seems a tricky task
your watching volumes

so i ask for people in this forum who day trade?
effective for profits,
?
i imagine.impossible when whole market red ?
on videos seems to watch the candle charts?
and hold a red and buy asap to a green?
do u recommend. ? if one has the time?

Yes it is effective! Actually, I earning big amount of money because of day trading. I using the volatility of the bitcoin as advantage for me to easily earn 1%-10% daily. You should also try day trading for you to find out how profitable it is.

nano77

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to do a daily trader will be effective depending on you whether you have a good knowledge of trading or not because if you do not have a good strategy and knowledge about trading then you can even lose your money

godfredmanu

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Merit: 10

Day trading is very effective way to increase your profit and the only to make consistent profit in crypto. The only disadvantage is it takes time and focus. Even when the market is red, there is still opportunity to short sell with a margin trading and make a good income.

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