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Topic: Is the day trading profitable ? - page 19. (Read 12275 times)

hero member
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May 31, 2019, 07:17:40 AM
#31
How about you try to trade once a week, or you only buy low and sell high so you can minimize the losses that you might get. Day trading is very difficult for new people especially if they don't have enough skills to choose the right coins because now, the situations are a bit difficult and we need to analyze deeper related to the market. But if you believe that you can analyze with good and you have the skills to determine the market, then you can try to do day trading but still be careful.
legendary
Activity: 2576
Merit: 1043
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May 31, 2019, 04:01:18 AM
#30
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?
All strategies in trading is profitable as long as you know what you are doing and you have the skills to do it.

Always take note that all professional traders came as newbies and they spend many time gathering information that can help then in trading so if you are a newbie, it will be better if you read books, watch videos and get a mentor that can help you to become a professional one.
legendary
Activity: 3038
Merit: 1024
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May 31, 2019, 01:23:32 AM
#29
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?
the success is based on the strategy in day trading because if you don't have any good strategy to to make your trading profitable then it will not give you the hands in all the time that's why most of the people will not succeed in day trading but if you got the right opportunity to get involved in day trading then it will definitely be successful for you.
you need a little correction about that, strategy that's indeed important but remember your buying point will become the main factor to determine how much you will get or taking the profit. Maybe people are putting all of their attention to the strategy but that doesn't look very important when you are doing a daily trade. When you can get at the dip and you have a big chance to get huge profit.
This is what I learned from my trade.
full member
Activity: 1050
Merit: 100
May 31, 2019, 01:08:02 AM
#28
day trading can be profitable if we have trading skills, psychological, and good experience, if we don't have it, or just rely on gambling, of course in the end we will lose, and I think it requires a process to learn

sr. member
Activity: 1479
Merit: 273
Seabet.io | Crypto-Casino
May 31, 2019, 12:53:55 AM
#27
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?
Of course day trading is profitable. Any strategy will be profitable if you can manage it good. At first maybe learn how is day trading, long term trading and use what really fit for you. Because some people not fit with day trading even it is more promising.
full member
Activity: 1218
Merit: 112
May 31, 2019, 12:48:25 AM
#26
If you are newbie in trading then day-trading wouldn't be suitable for you, as it is for experienced traders. I would recommend at first you go for longer period of trading when you gain sufficient experience then you can do day-trading.
full member
Activity: 1498
Merit: 146
May 31, 2019, 12:16:34 AM
#25
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?
the success is based on the strategy in day trading because if you don't have any good strategy to to make your trading profitable then it will not give you the hands in all the time that's why most of the people will not succeed in day trading but if you got the right opportunity to get involved in day trading then it will definitely be successful for you.
member
Activity: 854
Merit: 10
May 31, 2019, 12:15:10 AM
#24
I trade in latoken with small capital. the coins that I hold are Fuel and Cryp so far I have successfully carried out daily trading. despite the small profits but it's exciting

That is the best way to trade the coins without any stress because most of the people will invest high amounts into trading and after investing suddenly the price of a coin will drop and this makes them think negatively about themselves. Before investing we have to plan them perfectly and it should affect our family needs.
member
Activity: 420
Merit: 10
May 30, 2019, 11:35:11 PM
#23
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?
I don't guarantee whether you can make a profit in a day. Because your strategy is sometimes ineffective and you suffer losses. Besides, day trading is really tiring and you are very stressed out. Why don't we try to analyze the value of some tokens being developed and invest early on it?
When it is listed on exchange, we will sell for x3 or x5. I'm investing in that way now and it's quite suitable for me Cheesy
sr. member
Activity: 1330
Merit: 326
May 30, 2019, 10:59:33 PM
#22
But i need correct one which is profitabe. I am prepared myself for day trading. Is it profitabe?

As you've said, you are well prepared. If you are ready and confident enough to enter trading, do not hesitate. As for your question if is is profitable?
From my experienced, yes.
There are some instances that you will lose but that's the part of crypto trading. When you know some strategies you can expect some profits. May I ask what kind of trading are you planning to do? Margin trading, swing trading or altcoin trading?
sr. member
Activity: 1400
Merit: 283
May 30, 2019, 07:06:14 PM
#21
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?
Since you seem to be a starter i suggest that you stay away from day trading for now, not that it is not profitable and you can't make good money from it but it really requires a lot of market knowledge and a lot of analysis and making the right choice at the right time, you should start at just regular trading and probably try to trade bitcoin since its probably the easiest and after a while when you think that you have a basic knowledge and you made successful trades multiple time than you can expand to other ways of trading including day trading.
full member
Activity: 526
Merit: 100
markaccy.io
May 30, 2019, 06:59:49 PM
#20
I trade in latoken with small capital. the coins that I hold are Fuel and Cryp so far I have successfully carried out daily trading. despite the small profits but it's exciting
full member
Activity: 798
Merit: 109
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May 30, 2019, 06:44:12 PM
#19
Day trading is very profitable but it is very risky to do so and very stressful because you are over watching the market price 24 hours a day just to monitor the price of the coins that you had. I think OP you are luck of knowledge to handle the day trading you must have deep research first before you go in the battle of trading. Trading is not an easy especially if you don't have experienced it might be a loss you fund.
full member
Activity: 952
Merit: 104
May 30, 2019, 06:36:53 PM
#18
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?


Ofcourse day trading is profitable to earn profits in crypto currency, I advice with you if ready for the day traders ng makes sure you had a lot quality tine to do that job.
Day trading isn't an joke job it's a serous job to get earn profits aside from quality time to monitor and learn the market cap moving make sure you have an skills and knowledge about day trading job. Good luck hope for your success.
legendary
Activity: 1834
Merit: 1036
May 30, 2019, 06:19:12 PM
#17
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?
Profitable if you know which coin or token to buy, if you know when to buy and when to sell. Also, in day trading you need a lot of time to spend monitoring the price of your investment. Key to day trading is you need to stick to your plan and dont aim to gain big profits in day trading. 2% per trade is enough to hit the sell button and move on to another coin.
hero member
Activity: 2366
Merit: 504
May 30, 2019, 06:17:44 PM
#16
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?
Yes, it is, i trade a medium altcoin and i can get up to 0.03 btc in my daily trade and i used only a little amount of bitcoin. I just try to take the bounce trade as my chance. As long as you are doing it so well and that will be very profitable.
Buy when it goes to the red zone and then just put a rational sell order. that's what im doing right now.
hero member
Activity: 3052
Merit: 606
May 30, 2019, 05:46:08 PM
#15
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?

Day trading activity will not be existed by now if it's not profitable in the end.

Every trading ways can be profitable. It's just that, the result and output will depend on how well a trader will manage it along the way. In other words, it's on your own hands how will you make it profitable for you.

Do you already do your homework prior to putting yourself in the actual scene? Gaining basic knowledge is necessary.
Right.Day trading will surely become a profitable one depending on how you do it with your own self.It might be risky but if you think you have gained all the basic knowledge and developed your own strategies and skills,then there's no way that you won't be profitable in day trading.
legendary
Activity: 3122
Merit: 1398
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May 30, 2019, 04:22:29 PM
#14
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?

Day trading activity will not be existed by now if it's not profitable in the end.

Every trading ways can be profitable. It's just that, the result and output will depend on how well a trader will manage it along the way. In other words, it's on your own hands how will you make it profitable for you.

Do you already do your homework prior to putting yourself in the actual scene? Gaining basic knowledge is necessary.
sr. member
Activity: 1188
Merit: 251
May 30, 2019, 04:19:45 PM
#13
Day trading is more profitable than passive investment. But, expect as a newbie there will be losses. Remember the lawnof average. It's okay to have small profit and small losses, but be sure to have times of higher profit. Especially now that the price fluctuates nicely with an average of positive slope.
the advantages gained when trading daily can be a lot when there is good news on the coins you are trading or the trend is going up, but if the market conditions are quiet and there is no good news that can trigger coin price movements your daily trading becomes worthless.
sr. member
Activity: 784
Merit: 250
May 30, 2019, 03:48:18 PM
#12
Day trading is more profitable than passive investment. But, expect as a newbie there will be losses. Remember the lawnof average. It's okay to have small profit and small losses, but be sure to have times of higher profit. Especially now that the price fluctuates nicely with an average of positive slope.
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