I never tried to do it, because I don't want to risk my coins, but I confess that I'm quite curious about it. I know everyone says its very hard to day trade, but since crypto is so volatile, shouldn't it be easy? If I'm not mistaken when people day trade, they ask for very small variations in the price, so during an entire day, how is t possible for them not to get the price they are asking? Day traders are usually happy with 1% to 5% daily profit, doesn't bitcoin vary much more than this on any given day? So how hard can it be for them to trade somewhere in the middle, and get at list 1% profit variation.
I apologize if I'm saying something very stupid, like I said I never tried to, because I heard everyone saying it's very hard. I always get the impression that if people don't use stop losses, and just wait for the market to go their way eventually, they should at least get 1% profit, but I guess I'm wrong.
We are so the same. I also never tried even once in trading but curiosity bites me that is why i kept on reading comments in this section for me to have inputs ideas about how trading really works. I got some ideas already by just reading this section but i guess im not knowlegable enough to be into trading yet. I still need futher research on how it goes deeply.
