Controlling emotions is very difficult especially in trading. Many times it is seen that even experienced traders get emotional while trading which results in poor results. So I do not think it is an easy task but I have no doubt that veterans can control emotions more easily than other traders. Since the time frame in day trading is relatively short there is a high chance of emotion acting in such a case so it carries more risk than investing on a long term basis.
For day trading, it must be done in a very patient manner even though the duration is very short, because sometimes we are also faced with conditions that we do not want on the same day so that we cannot let go of what we have bought on that day. That is why every trader should not prioritize their emotions excessively and be in a hurry to buy and also sell it again on the same day. Because it would be better to postpone selling on the same day than to have to bear losses due to bad market trends or due to more price corrections. 
Topic: Day trading or Long term - page 5. (Read 3717 times)
Long term trading has always been a preferred choice for me, because I know the risks involved in day trading and how it has affected many lives who engaged in it.Day trading is something we wish to comprehend and know the strategies to use in tackling it,but if you want to make profit,the best option to me is holding it for a long term,and making sure the investment done is on a profitable and promising coin, because there are coins that will just stall without it bringing out a good result.
Therefore,holding is the best to me,and it is only long term holding I can endulge in.
Take profit with daily trading must be braveness with getting risk and have cut loss, many trader always put cut loss feature after success purchasing their potential coins and set up the profitable reach or bad possibility when price dropping by stop loss feature. Therefore,holding is the best to me,and it is only long term holding I can endulge in.
But have some trader change their trading term from long term to be short term after their coins purchasing get drop drastically and scare to cut loss regarding keep believe with recovery back to higher price.
In trading, I prefer with short term but when difficult price recovery after going down will wait and make my trading as long term until price recovery back to the higher. I think every trader have their own strategies with trading how to manage well as short term or long term trading behind the market situation must take profit in short term or long term.
Long term trading has always been a preferred choice for me, because I know the risks involved in day trading and how it has affected many lives who engaged in it.Day trading is something we wish to comprehend and know the strategies to use in tackling it,but if you want to make profit,the best option to me is holding it for a long term,and making sure the investment done is on a profitable and promising coin, because there are coins that will just stall without it bringing out a good result.
Therefore,holding is the best to me,and it is only long term holding I can endulge in.
Therefore,holding is the best to me,and it is only long term holding I can endulge in.
I am not sure that day trading can bring you big profits, but I am sure that it will bring you very quickly fatigue, at least at first it will be too difficult, and fatigue can lead to more mistakes, which in trading equals to losing money. Medium or long term trending is more acceptable for me, I make most of the trades this way and only with a small amount sometimes I do day trading, but I do it not often, because it is tiring and brings comparatively small profits compared to medium term trading.
day trading is profitable for people that borderline speculating with high leverage, usually with 20x - 100x leverage, a slight price movement already results in either big loss or short loss, people are usually using that to keep them from wasting too much time, but of course it requires extensive knowledge and experience for anyone to be able to profit.
if you don't leverage then you will need big capital for your trades to be actually meaningful and can give you good enough profit otherwise if you use small capital then the profit will be really small too.
it's always the higher risk the higher profit kind of thing.
so if you think the profit is too small with day trading maybe your strategy is wrong.
So I have been trying to wrap my head around which is a better option, day trading crypto or buying for long term keep.
While they both have their pros and cons, they both come with a form of risk and they are meant to generate profit.
The major difference between them is that day trading tend to make profit from small market volatility, while hodling make profit from the bigger change in crypto value.
Day trading involves more techniques, self discipline and rational decision making.
Which do you prefer and think is better
In as much as long-term trading or otherwise can be called swing trading is known to be more profitable and better to trade, however that doesn't guarantee you success but rather your results also relies on what you are good with, if you can become a more profitable trader being a short-term trader or in other terms called day traders than good for you, everyone can’t do same thing or become a swing trader but a matter of what suits your personality in trading and what best works for you.While they both have their pros and cons, they both come with a form of risk and they are meant to generate profit.
The major difference between them is that day trading tend to make profit from small market volatility, while hodling make profit from the bigger change in crypto value.
Day trading involves more techniques, self discipline and rational decision making.
Which do you prefer and think is better
Indeed, everything will depends from how you exceed with the system that you are following, either long or short the matter is how you are working with your strategy and how that strategy works with the results of your position.
Not everyone are similar with how they assess their investment some are good with day trade and have that good outcome taking decent amount of profits, while some are not a fan of quick position but instead they would love to maximize their profits and wait for the market to pump high and take advantage of the bull season.
Whatever your style what matters is the outcome and how you'll with your knowledge to make things profitable for you.
So I have been trying to wrap my head around which is a better option, day trading crypto or buying for long term keep.
While they both have their pros and cons, they both come with a form of risk and they are meant to generate profit.
The major difference between them is that day trading tend to make profit from small market volatility, while hodling make profit from the bigger change in crypto value.
Day trading involves more techniques, self discipline and rational decision making.
Which do you prefer and think is better
In as much as long-term trading or otherwise can be called swing trading is known to be more profitable and better to trade, however that doesn't guarantee you success but rather your results also relies on what you are good with, if you can become a more profitable trader being a short-term trader or in other terms called day traders than good for you, everyone can’t do same thing or become a swing trader but a matter of what suits your personality in trading and what best works for you. While they both have their pros and cons, they both come with a form of risk and they are meant to generate profit.
The major difference between them is that day trading tend to make profit from small market volatility, while hodling make profit from the bigger change in crypto value.
Day trading involves more techniques, self discipline and rational decision making.
Which do you prefer and think is better
I am not sure that day trading can bring you big profits, but I am sure that it will bring you very quickly fatigue, at least at first it will be too difficult, and fatigue can lead to more mistakes, which in trading equals to losing money. Medium or long term trending is more acceptable for me, I make most of the trades this way and only with a small amount sometimes I do day trading, but I do it not often, because it is tiring and brings comparatively small profits compared to medium term trading.
Their are people that make money from day trading but it might not be always but if you want to make big money then you must also get ready a very fat capital to start with because that also matters a lot, even if you are investing with a good capital, you still have to be smart on the way of using the market to get money from the market because in pursue To make money from the market at the end of the day, you might be the one in the markets might be making money from. Long or Daily, they are all beneficial If you’re doing daily, especially futures You should invest what you can lose because a lot of people you go to the extent of borrowing money just to do trading which is very risky and not advisable, Avoid stories just use a little amount of money that you can lose and that way at peace without worrying about being anybody back.
Controlling emotions is very difficult especially in trading. Many times it is seen that even experienced traders get emotional while trading which results in poor results. So I do not think it is an easy task but I have no doubt that veterans can control emotions more easily than other traders. Since the time frame in day trading is relatively short there is a high chance of emotion acting in such a case so it carries more risk than investing on a long term basis.
I agree with you and it is always very difficult to overcome emotions because the moment a trader can be able to battle his emotions and be able to make financial decisions without emotional sentiments then I think that trader is already half way to success in the trading industry.Frankly, it’s always very difficult to overcome emotions when trading especially as a newbie and this is mostly common among traders who trade with money they can’t afford to lose and the moment the losses gets more, emotions sets in and most times leading to chasing of losses and possibly blowing of accounts.
To avoid trading with emotions, it is always advised that you gamble with only the amount you can afford to loss and always be able to identify when to trade and when not to trade as well as not able to identify when to take profit and stop loss.
I also usually prefer long term with very small trades which I have short term or for day trading because with this I keep things well under my control and also feel comfortable even we can't stop peoples from doing things which they are comfortable for them, and also they are able to have preferable but still usually we need to be careful about our money because currently it's never been easy to make things well organized after doing mistakes.
I think that the best solution in the world of cryptocurrency trading is to choose long periods. I do not believe in scalping and other high-frequency trading, as it only makes sense when the trend is going in a certain direction. Otherwise, according to the theory of probability, losing and profitable transactions will be closed in a fifty-fifty ratio.
It is better to have DCA or large transactions with a long wait.
I agree, day trading specially for peoples those are involved in cryptocurrency they are having troubling time during day trading because usually this give them headache and loses which are not easy to recover so we need to keep things going with strong strategy which give us better results.
The nuance is that different strategies work better in different periods. And sometimes day trading is a more promising option than a long period. After all, in this long period there may be completely unfavorable days, when it would be better to sit in stablecoins and not enter a position. Or enter, but in a different direction. And it is impossible to do this, since the deposit is already frozen in another order. So your own strategy is a strong thing, but there should be several of them, depending on the market situation.
So I have been trying to wrap my head around which is a better option, day trading crypto or buying for long term keep.
While they both have their pros and cons, they both come with a form of risk and they are meant to generate profit.
The major difference between them is that day trading tend to make profit from small market volatility, while hodling make profit from the bigger change in crypto value.
Day trading involves more techniques, self discipline and rational decision making.
Which do you prefer and think is better
While they both have their pros and cons, they both come with a form of risk and they are meant to generate profit.
The major difference between them is that day trading tend to make profit from small market volatility, while hodling make profit from the bigger change in crypto value.
Day trading involves more techniques, self discipline and rational decision making.
Which do you prefer and think is better
I don’t see any chance that you will say short-term trading, or as you call it, daily trading, involves more self-discipline because in long-term trading, that is when you will know what self-discipline means because, without patience, there is no way you will have that kind to keep the money for the long term. Long-term trading is more risky than short-term trading.
Although everyone has its own advantages and disadvantages, consider that everyone has the one they prefer, but for me, I do both, and if you are doing short-term trading, you have a higher chance of depression and anger because you might tend to lose more than you expect frequently, and that will affect your mental health and cause tremendous problems.
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[Edited Out]To profit from day trading you must first become an experienced trader. Then learn to control your emotions. Controlling emotions is a very simple task by an experienced trader. However, not all experienced traders can control emotions, but most experienced traders are trained to control emotions. Long-term investment can also be called as a type of trading. In this case the possibility of loss is less in long term trading as compared to day trading. Personally I favor long term investment.
You have a good concern, daily trading can't be the best overall and I like not to call long-term trading the best either. My reason is that some people may prefer and do well with daily trading, and of course, it's the kind of trading that gives more money to those who are successful in trading it. However, the stress of trading it is higher and the risk could be higher as well depending on the trader and his plan for the money and risk management. But long-term trading is less stressful and the risk may be better depending on the handling.
This is why I often advise traders to try the two and decide on what is best for them, and this should be personal because, just like any other thing, there will be a fan of this and a fan of the other. For me, I do both with no regrets as daily trading may bless me significantly in a short time at times, while the long-term strategy gives me the rest of my mind to do other activities.
I am not sure that day trading can bring you big profits, but I am sure that it will bring you very quickly fatigue, at least at first it will be too difficult, and fatigue can lead to more mistakes, which in trading equals to losing money. Medium or long term trending is more acceptable for me, I make most of the trades this way and only with a small amount sometimes I do day trading, but I do it not often, because it is tiring and brings comparatively small profits compared to medium term trading.This is why I often advise traders to try the two and decide on what is best for them, and this should be personal because, just like any other thing, there will be a fan of this and a fan of the other. For me, I do both with no regrets as daily trading may bless me significantly in a short time at times, while the long-term strategy gives me the rest of my mind to do other activities.
I also usually prefer long term with very small trades which I have short term or for day trading because with this I keep things well under my control and also feel comfortable even we can't stop peoples from doing things which they are comfortable for them, and also they are able to have preferable but still usually we need to be careful about our money because currently it's never been easy to make things well organized after doing mistakes.
You have a good concern, daily trading can't be the best overall and I like not to call long-term trading the best either. My reason is that some people may prefer and do well with daily trading, and of course, it's the kind of trading that gives more money to those who are successful in trading it. However, the stress of trading it is higher and the risk could be higher as well depending on the trader and his plan for the money and risk management. But long-term trading is less stressful and the risk may be better depending on the handling.
This is why I often advise traders to try the two and decide on what is best for them, and this should be personal because, just like any other thing, there will be a fan of this and a fan of the other. For me, I do both with no regrets as daily trading may bless me significantly in a short time at times, while the long-term strategy gives me the rest of my mind to do other activities.
This is why I often advise traders to try the two and decide on what is best for them, and this should be personal because, just like any other thing, there will be a fan of this and a fan of the other. For me, I do both with no regrets as daily trading may bless me significantly in a short time at times, while the long-term strategy gives me the rest of my mind to do other activities.
I am not sure that day trading can bring you big profits, but I am sure that it will bring you very quickly fatigue, at least at first it will be too difficult, and fatigue can lead to more mistakes, which in trading equals to losing money. Medium or long term trending is more acceptable for me, I make most of the trades this way and only with a small amount sometimes I do day trading, but I do it not often, because it is tiring and brings comparatively small profits compared to medium term trading.
I wanted to attend for extra moral classes for day trading but the instructor who happened to be my friend told me that I should not go for full time trading but I can only trade once a while to have fun because trading can make someone to lose enough funds so I left trading for investment but only trade to have fun.
Yes we all agree that the both are for profit making buy investment is much more better than trading because in trading you can lose your money just a few seconds but you can lose your investment in few seconds but hours or days and even at that, you won't lose them if your are for long term investor. Therefore I like investment to trading.
Yes we all agree that the both are for profit making buy investment is much more better than trading because in trading you can lose your money just a few seconds but you can lose your investment in few seconds but hours or days and even at that, you won't lose them if your are for long term investor. Therefore I like investment to trading.
Trading is not that easy, and a lot of people are losing money in trading due to how difficult it is to deal with. Trading is really risky, but I believe that with proper knowledge, one can make reasonable profits. The reason why many people are discouraged about trading is that they do not search for proper knowledge before they start. Many people are always very lazy to continue working towards acquiring knowledge as they start trading. Once they start losing money, they think it is all about luck and take it as gambling, but it is not fully about gambling. Trading seriously relies on good knowledge. And again, why would you waste your time and money trading for fun? It's better not to involve yourself if you're not serious about it.
Day trading will certainly always monitor the market and this of course can drain energy from the mind, if not able to do it better long term will be better.
The truth is that people always have their own way of trading, sometimes when they see a daily opportunity they can do it.
The truth is that people always have their own way of trading, sometimes when they see a daily opportunity they can do it.
When someone is a daily trader, they don't always have any other side hustle apart from trading because daily trading really needs more than enough time to focus on it. As for me, I don't really like daily trading because of that time consumption, but as you said, every trader has their own way and knows the type of trading that will give them the profits they need.
I wanted to attend for extra moral classes for day trading but the instructor who happened to be my friend told me that I should not go for full time trading but I can only trade once a while to have fun because trading can make someone to lose enough funds so I left trading for investment but only trade to have fun.
Yes we all agree that the both are for profit making buy investment is much more better than trading because in trading you can lose your money just a few seconds but you can lose your investment in few seconds but hours or days and even at that, you won't lose them if your are for long term investor. Therefore I like investment to trading.
Yes we all agree that the both are for profit making buy investment is much more better than trading because in trading you can lose your money just a few seconds but you can lose your investment in few seconds but hours or days and even at that, you won't lose them if your are for long term investor. Therefore I like investment to trading.
Even though he is your friend and wants to help you in your trading journey, I don’t think you should trade for fun when something like this is not that serious in my opinion. But trade to make money, but the thing is, don’t be greedy in trading. Make sure you learn before you start trading. That is the best thing you should do. He is your friend and won’t cheat you but rather help you make things possible in the crypto space. However, both things you guys want to do have a degree of risk attached to them, so the best thing is to put in the amount you can afford to lose.
If it is futures then it will have a higher risk than spot trading but risk is always there in trading so a trader must be able to master what can be generated including profit in taking it.
Day trading will certainly always monitor the market and this of course can drain energy from the mind, if not able to do it better long term will be better.
The truth is that people always have their own way of trading, sometimes when they see a daily opportunity they can do it.
Day trading will certainly always monitor the market and this of course can drain energy from the mind, if not able to do it better long term will be better.
The truth is that people always have their own way of trading, sometimes when they see a daily opportunity they can do it.
Exactly. Trading is very risky, and day trading is the riskier in my view, so the best thing is the knowledge. Once a trader has knowledge of what he or she is doing, he or she will definitely make money out of the market. Even though I know the success will not be anytime as far as trading is concerned, the risk and loss will be minimal. Also, you are right that everybody has their own way of trading. Every trader has their own way of determining how the market favours them, and they have their own rules and strategies they use in trading.
You have a good concern, daily trading can't be the best overall and I like not to call long-term trading the best either. My reason is that some people may prefer and do well with daily trading, and of course, it's the kind of trading that gives more money to those who are successful in trading it. However, the stress of trading it is higher and the risk could be higher as well depending on the trader and his plan for the money and risk management. But long-term trading is less stressful and the risk may be better depending on the handling.
This is why I often advise traders to try the two and decide on what is best for them, and this should be personal because, just like any other thing, there will be a fan of this and a fan of the other. For me, I do both with no regrets as daily trading may bless me significantly in a short time at times, while the long-term strategy gives me the rest of my mind to do other activities.
Depending on which skills they master from day trading or long term, perhaps in this conversation is it spot or futures trading?This is why I often advise traders to try the two and decide on what is best for them, and this should be personal because, just like any other thing, there will be a fan of this and a fan of the other. For me, I do both with no regrets as daily trading may bless me significantly in a short time at times, while the long-term strategy gives me the rest of my mind to do other activities.
If it is futures then it will have a higher risk than spot trading but risk is always there in trading so a trader must be able to master what can be generated including profit in taking it.
Day trading will certainly always monitor the market and this of course can drain energy from the mind, if not able to do it better long term will be better.
The truth is that people always have their own way of trading, sometimes when they see a daily opportunity they can do it.
I prefer day trading to long term trading.
if I'm to trade for long term it's better just to hold than trade but when it comes to trading, the day trading is absolutely the best amongst because it gives you the ability to think and make better decisions and confidence in your decisions.
It seems difficult to say that daily trading can be said to be the best, in fact this trading has a much greater risk of losing your money than spot.if I'm to trade for long term it's better just to hold than trade but when it comes to trading, the day trading is absolutely the best amongst because it gives you the ability to think and make better decisions and confidence in your decisions.
This is why I often advise traders to try the two and decide on what is best for them, and this should be personal because, just like any other thing, there will be a fan of this and a fan of the other. For me, I do both with no regrets as daily trading may bless me significantly in a short time at times, while the long-term strategy gives me the rest of my mind to do other activities.
The both has a risks and profits but the one that is more profitable is the long time holding, and even in terms of losing the long time has a limit, but deserves enough patience because not all people's have that patience to hold a cons for a long period of time. But a day trading is one doesn't have much profits and also very easily to lose, because they might a day jobs that you can trade and definitely lose all the amount with in 20 minutes.
The only thing that can avoid the much losing in both the day trading holding is by seek for knowledge about the trading and experience, because if a person have this two things in trading you can not have such much losing anymore.
The only thing that can avoid the much losing in both the day trading holding is by seek for knowledge about the trading and experience, because if a person have this two things in trading you can not have such much losing anymore.
We need that kind of adjustment each time we experience losses with our trades, if you are keen in making things possible with your investment you need to invest your time in looking and finding the right path for your trades. Investment like trading is more on knowledge and determination, it's more on how you adopt and adjust with every sentiments of the market.
You need to have that kind of mentality to keep pushing your way to understand if what patterns would it be for you to make things working either long or short term position.
You need to have that kind of mentality to keep pushing your way to understand if what patterns would it be for you to make things working either long or short term position.
Indeed, investing involves our own knowledge, and of course carrying out investments is not haphazard, we must also have good knowledge by doing it consistently, because in my opinion the profits that can be obtained require quite a long time. This is where the importance of maintaining patience is good. so that the investment made is not disturbed in the middle of the road.
Of course, not everyone invests, some people choose to save their money rather than invest it, but that's not bad, apart from that, when they invest, there are definitely those who are learning to hone their patience and expand their knowledge.
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