Is the day trading profitable ? - page 17.

playboy654

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Quote from: Danumsigwasan on June 03, 2019, 10:03:04 AM

It is profitable but only if we are doing it in a proper way. As in fact, every method is good and profitable as long as it’s done in proper and logical way. I do it all smoothly under FreshForex thanks to their mighty offerings from low spreads to high leverage and there is even 101% Tradable Deposit Bonus, it’s truly fascinating in every way.

IMO day trading is one but for sure it is the most profitable way of trading.

Analysis may give an idea but nothing is going to give cent percent assurance for profits.

shannelcoin

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Quote from: Jagobd on May 30, 2019, 07:24:30 AM

I am prepared myself for trading. But i need some suggetions from here. There are many way for trading in cryptocurrency. But i need correct one which is profitabe. I am prepared myself for day trading. Is it profitabe?

It will be profitable if you know the strategy and you know how to manage it properly because day trading is not as you think some of traders are messing up even they are old to this trading. It's really its up to ourselves to how the strategy we will do in day trading to make a profit. We need a lot of study and learnings before we got a perfect strategy.

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Quote from: viananda2525 on June 03, 2019, 08:44:49 AM

Quote from: ginobitcoiner on June 03, 2019, 06:19:38 AM

of course this is still very profitable for many people who dare to take risks, because daily trading is very risky, especially with high volatility in the last few.

beside to take the risk , we have to compete our self with trading skill.so we will understand which coins we have to buy and in which price we have to enter.if we have this skill we will able to minimize our risk.

The things that we need to prevent is greediness because this will make us cannot take the profit and still want more profit. Day trading will be helpful if we can know how much profit we want to take in a day so we can know when the profit is reached, we need to stop no matter if the price still giving a chance to us to trade. The other things that we need to prevent are don't try to trade if the price is moving so fast because if we don't have good skills, we can get stuck in the high price.

Danumsigwasan

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It is profitable but only if we are doing it in a proper way. As in fact, every method is good and profitable as long as it’s done in proper and logical way. I do it all smoothly under FreshForex thanks to their mighty offerings from low spreads to high leverage and there is even 101% Tradable Deposit Bonus, it’s truly fascinating in every way.

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Quote from: Jagobd on May 30, 2019, 07:24:30 AM

I am prepared myself for trading. But i need some suggetions from here. There are many way for trading in cryptocurrency. But i need correct one which is profitabe. I am prepared myself for day trading. Is it profitabe?

if a person sacrifice something to make the money in his life will definitely suitable for that day trading opportunity otherwise no one will take the chances in day trading to put their life into difficulties that's why it will not suitable for lots of people.

viananda2525

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Quote from: ginobitcoiner on June 03, 2019, 06:19:38 AM

of course this is still very profitable for many people who dare to take risks, because daily trading is very risky, especially with high volatility in the last few.

beside to take the risk , we have to compete our self with trading skill.so we will understand which coins we have to buy and in which price we have to enter.if we have this skill we will able to minimize our risk.

Cosbycoin

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Quote from: Jagobd on May 30, 2019, 07:24:30 AM

I am prepared myself for trading. But i need some suggetions from here. There are many way for trading in cryptocurrency. But i need correct one which is profitabe. I am prepared myself for day trading. Is it profitabe?

If you feel like you want to be a day trader then you should be ready to put your whole focus on it, cause it requires a lot of focus and most of the people I know that are into day trading usually don't have a day job doing except day trading. And before you go about quitting your job because of day trading you should be very sure that you have learnt everything that has to do with it and how it works so that you don't just end up being a loser, cause in day trading you're risking your money everyday and anything can happen to you at anytime, either loss or profit.

ginobitcoiner

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of course this is still very profitable for many people who dare to take risks, because daily trading is very risky, especially with high volatility in the last few.

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Quote from: Vaculin on May 31, 2019, 04:55:37 PM

Quote from: Om.monata on May 31, 2019, 02:49:09 PM

daily trading depends on what coins you want to choose for trading, because right now if you choose coins that have great potential I feel to grow and get profits on a daily basis will be realized and that is not difficult.

Yes. Day trading is more risky compared to long term trading because you have to monitor closely the market so you will be aware on the price movement of the coins you had invested. It's best to trade with bitcoins and ethereum because they are both potential coins and their prices will surely grow in time.

there is indeed a risk of long-term or short-term trading, but I see if more short-term trading can get a faster profit. so this is a possible thing we should look at about short-term trading profits.

The final profits are almost equal to for the same coins when keeps for long term on one side and short term on another side in a specific time interval. After HODL when you cash out the coins either on BTM or any other exchange the profit with be almost the same as that resulted from day trading. Don’t put yourself on much stress because there is stress and pressure in day trade so you should pick long term plan.

ricardobs

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Quote from: Vaculin on May 31, 2019, 04:55:37 PM

Quote from: Om.monata on May 31, 2019, 02:49:09 PM

daily trading depends on what coins you want to choose for trading, because right now if you choose coins that have great potential I feel to grow and get profits on a daily basis will be realized and that is not difficult.

Yes. Day trading is more risky compared to long term trading because you have to monitor closely the market so you will be aware on the price movement of the coins you had invested. It's best to trade with bitcoins and ethereum because they are both potential coins and their prices will surely grow in time.

Yes that is right. Day trading is profitable that is the reason so many people are in the day trading and they make pretty good money. And in fact quick money. However, for long term success in crypto and if you are looking for huge money in crypto, long term trading often is more preferred over short term or day trading. It depends on you which to choose.

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Quote from: Jagobd on May 30, 2019, 07:24:30 AM

I am prepared myself for trading. But i need some suggetions from here. There are many way for trading in cryptocurrency. But i need correct one which is profitabe. I am prepared myself for day trading. Is it profitabe?

There is no sure profit method we can generate in trading. Trading will involve emotions that sometimes could ruin our plans. The price movements won't always run as expected and sometimes we even meet with the worse scenario where the price keep falling down. At such situation, for sure most traders will find it hard to manage their emotions that will lead them to make emotional decisions.

waynechong1995

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Tools are there for you and it's definitely profitable but lossing is more likely for amateurs, just look at the votaility on BTC and the even higher alts, combine with more margins and futures, you can definitely make BTCs in days but I figured not much individuals can do it alone and some degree of luck is involved

Distinctin

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I may think that in all areas are now profitable, trading, mining and etc..Gaining profits will depend on us personally if we work on it pretty hard then expect there is a surprise return from those hard works. We just be patient and keep moving wearing positive insights into the future, we can make it instantly. If we are un the hurry, maybe it is not the right place to stay.

Kiefner

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Certainly. There are different trading strategies and each of them is profitable, otherwise it would not exist. Just every trader chooses a suitable strategy and made profit on this.

isaac_clarke22

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I had jumped to day trading long time ago, and my first day into it wasn't really amazing. It was mere disappointment when you expect even a little bit of profit because you'll need to get your eyes ready for observation of the price. TA tools in Binance were kinda really convenient for me to use in my day trade but my lack of rationality in making decision led to crippling losses.
Just make sure that if you're gonna dip into the waters of day trading, make sure that the funds you're using is like what you invest a lot. The one that is worth losing.
It is profitable actually but you need a plenty of time (which I cannot stay for around 5 hours) and an x amount of patience because of unstable prices.

pixie85

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Long term investing is more profitable and less time consuming. Day trading has its fanatics but most people fail at it. You really won't find many rich day traders. It's a good way to start off when you're trading small and when people build a portfolio they usually leave day trading and switch to swing trading,

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Quote from: vasrasus on June 01, 2019, 06:14:33 PM

Being profitable doesn't come from day trading or long term holding. Its in our strategy on how to choose where to invest and being updated to all the what's and why's of the coin. There are days we consider red and green. We must be able to identify what to buy and when to sell to really earn.

I identify and analyze it, I think it must be done to get daily profits. so I think this must indeed be applied, because nowadays day trading sometimes also experiences losses and depends on how our skills are for the daily trading.

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Quote from: Jagobd on May 30, 2019, 07:24:30 AM

I am prepared myself for trading. But i need some suggetions from here. There are many way for trading in cryptocurrency. But i need correct one which is profitabe. I am prepared myself for day trading. Is it profitabe?

When you decide to do day trading, you must be prepared to analyze as well as possible, you must analyze and pay attention to price movements every time. the benefits of each price change that exists, a slight increase is very valuable because the most important thing is we can gain a lot of profit intensity. day trading requires good ability and enthusiasm, believe that when we always try we will get the best results.

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Quote from: Jagobd on May 30, 2019, 07:24:30 AM

I am prepared myself for trading. But i need some suggetions from here. There are many way for trading in cryptocurrency. But i need correct one which is profitabe. I am prepared myself for day trading. Is it profitabe?

Investment is not gambling if done thoroughly and carefully, but day trading most certainly is. But the problem doesn’t just lie in the highly volatile nature of the practice but actually in the frequency itself. Because you make lots of transactions, you will also pay a large quantity of fees for a relatively small percentage gain on money invested, which further diminished the methods reliability.

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Quote from: Vaculin on May 31, 2019, 04:55:37 PM

Quote from: Om.monata on May 31, 2019, 02:49:09 PM

daily trading depends on what coins you want to choose for trading, because right now if you choose coins that have great potential I feel to grow and get profits on a daily basis will be realized and that is not difficult.

Yes. Day trading is more risky compared to long term trading because you have to monitor closely the market so you will be aware on the price movement of the coins you had invested. It's best to trade with bitcoins and ethereum because they are both potential coins and their prices will surely grow in time.

Day trading is only for those who are experienced traders. Not everyone can earn from day trading because you have to make very short and precise trades with tight stop losses. In bear market, day trading is even more difficult.

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