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Topic: Is the day trading profitable ? - page 2. (Read 12231 times)

full member
Activity: 412
Merit: 101
December 03, 2019, 01:16:47 PM
The intraday trading method is a controversial method of its effectiveness, but it is very common. Day traders play an important role in the market, helping the market liquidity better and more vibrant.

Although day-to-day trading is quite common for new traders entering the market, inexperienced, but in order to succeed with Day Trading, you really need to have experience, capital and trading discipline. high…
full member
Activity: 966
Merit: 102
December 03, 2019, 12:46:19 PM
profit trading or not depends on you. now I think if we are good at managing trading it might be very easy to profit even though it is daily trading, just how our trading techniques and there is a lot of trading knowledge that must be considered
sr. member
Activity: 952
Merit: 274
December 03, 2019, 09:01:47 AM
The potential rewards in day trading is high but the risks are also high. In day trading there are specific trading setups that you should know in order to win. You should always monitor the price action in order for you to have control in your trades. There are a lot of traders who losing in day trading so not all of traders are suitable to it.
full member
Activity: 868
Merit: 100
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December 03, 2019, 08:49:25 AM
It's profitable if you know how to do it, anyone with decent experience in trading can make profit in day-trading. There was an interesting thread about daytrading concerning psychology but i can't find it at the moment, will post it when i find it.

Ofcourse daily trading is good and need some experience and it will take to be study as usual without experience in daily trading it is hard to predict price and market flows.
full member
Activity: 1414
Merit: 228
Omicron is another FUD
December 03, 2019, 05:52:56 AM
of course still.. personally I am still able to make a small profit from trading.  just look at changes in the price of Bitcoin this week, if you buy Bitcoin last week and then sell it now, you will make a profit of 1% - 3%.  so trading today is still profitable, just how can you control your greed.
full member
Activity: 1134
Merit: 102
December 03, 2019, 01:24:17 AM
It's profitable if you know how to do it, anyone with decent experience in trading can make profit in day-trading. There was an interesting thread about daytrading concerning psychology but i can't find it at the moment, will post it when i find it.

You are right, people who have good experience towards trading will be making some decent profit through trading. It is impossible to find the day trading thread because within minutes the prices will fluctuate based on their knowledge, it will surely help themselves and they will make a decent profit.
full member
Activity: 407
Merit: 100
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December 03, 2019, 01:21:34 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?
Trading is profitable and has a loss. sometimes your number of failed orders is more than the number of successful orders but your profit is higher that day. Therefore, the management of capital is one of the very important things in daily profitable trading. You can execute margin trading, binary options, ... all of which will bring you profit if you have enough knowledge and study hard. and my last advice is that you should not start with a large capital, this will not give you much experience because you are more afraid when entering the order. Start with just $ 100 and test the knowledge you have learned.
sr. member
Activity: 1414
Merit: 358
December 03, 2019, 12:35:22 AM
It's profitable if you know how to do it, anyone with decent experience in trading can make profit in day-trading. There was an interesting thread about daytrading concerning psychology but i can't find it at the moment, will post it when i find it.
Making the profit out of the fluctuation within a day is not that easy. It requires the learning, and should have the better observation over the market every minute. This ia quiet risky, but to the risks if the prediction becomes true then profit will be very big. If it isn't profiting  we can't find increased number of day traders in the market.
The reality of the day trading is it only gives a small amount of profit everyday but as long as you are making money through trading then you will have a compounding interest and at the end of the day, you will have a huge amount of cash. Day trading is indeed very risky but once you know how to play it well, you can make a living out of it and quit your job.
The day trading strategy is really depends on the traders, considering what type of trader are important. Day trading is not my forte because I'm a momentum trader and a swing trader. I have day job and that's why I cannot do day trading. It is important to consider what type of trader are you for you to handle the risks very well.
sr. member
Activity: 742
Merit: 397
December 03, 2019, 12:27:16 AM
It's profitable if you know how to do it, anyone with decent experience in trading can make profit in day-trading. There was an interesting thread about daytrading concerning psychology but i can't find it at the moment, will post it when i find it.
Making the profit out of the fluctuation within a day is not that easy. It requires the learning, and should have the better observation over the market every minute. This ia quiet risky, but to the risks if the prediction becomes true then profit will be very big. If it isn't profiting  we can't find increased number of day traders in the market.
The reality of the day trading is it only gives a small amount of profit everyday but as long as you are making money through trading then you will have a compounding interest and at the end of the day, you will have a huge amount of cash. Day trading is indeed very risky but once you know how to play it well, you can make a living out of it and quit your job.
sr. member
Activity: 1246
Merit: 255
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December 02, 2019, 04:52:36 PM
It's profitable if you know how to do it, anyone with decent experience in trading can make profit in day-trading. There was an interesting thread about daytrading concerning psychology but i can't find it at the moment, will post it when i find it.
Making the profit out of the fluctuation within a day is not that easy. It requires the learning, and should have the better observation over the market every minute. This ia quiet risky, but to the risks if the prediction becomes true then profit will be very big. If it isn't profiting  we can't find increased number of day traders in the market.
sr. member
Activity: 868
Merit: 252
December 02, 2019, 04:37:05 PM
the thing that is quite difficult to control in daily trading is a percentage income from it. You can earn 2% or even 5% of the assets you have, but when you get stuck at a price, then it can become unwanted trading. don't overdo it in daily trading, even the 5% profit is big enough. it's just that, there are many risks that need to be considered, such as sudden decreases that force us to hold coins for quite a long period of time.
to anticipate it, always set aside profits and trade again with the previous capital, for example, already get 5%, convert profit in tether. and return to doing the same with initial capital with a 5% target plus a 5% stop limit. if something bad happens, at least you have nothing to loss.

Daily trading does require quick monitoring of changing charts, but if it is still in the same weekly range, fluctuations will always return to prices that are not too far away.
hero member
Activity: 2072
Merit: 503
#SWGT PRE-SALE IS LIVE
December 02, 2019, 12:24:04 PM
It's profitable if you know how to do it, anyone with decent experience in trading can make profit in day-trading. There was an interesting thread about daytrading concerning psychology but i can't find it at the moment, will post it when i find it.
the thing that is quite difficult to control in daily trading is a percentage income from it. You can earn 2% or even 5% of the assets you have, but when you get stuck at a price, then it can become unwanted trading. don't overdo it in daily trading, even the 5% profit is big enough. it's just that, there are many risks that need to be considered, such as sudden decreases that force us to hold coins for quite a long period of time.
sr. member
Activity: 1638
Merit: 255
December 02, 2019, 07:08:54 AM
Of course, daily trades can be profitable if we are already experienced and must have experienced a loss. So not necessarily every day profitable because in the sidelines the next day sometimes the market can not be controlled and can not be in the predictions according to technical analysis, even though in fact the daily trader should always pay attention to the chart Their daily trading.
jr. member
Activity: 164
Merit: 2
December 02, 2019, 06:40:18 AM
Yeah, it’s profitable way to do day trading, but needs to be done with proper calculation. And I do just that with help and support of FreshForex and their mighty Rebate scheme, it’s fabulous and helps big time to have any strategy as profitable.
member
Activity: 318
Merit: 10
crypto enthusiast
December 02, 2019, 06:02:17 AM
It's profitable if you know how to do it, anyone with decent experience in trading can make profit in day-trading. There was an interesting thread about daytrading concerning psychology but i can't find it at the moment, will post it when i find it.
full member
Activity: 1330
Merit: 121
Next Generation Web3 Casino
November 29, 2019, 12:49:59 PM
the essence of daily trading is to measure profits from the current chart session, unless you are not targeting daily earnings.

currently not so good for targets of 15% and above because bitcoin surges, with a 2% profit limit and stop loss still possible to find, or at least not too loss. Daily monitoring charts also require this kind of strategy.

Even with a very well-tuned stop loss system, you won’t have any guarantees that you will remain at least at zero. For day trading, you need to understand very clearly in what price corridor the coin will be traded in the next day and when there will be a transition by levels. This is extremely difficult. All day everything can go well, and then you lose everything you have earned for that day. It is imperative not to be greedy.
In my opinion, even with the current state of the cryptocurrency market, daily trading can bring a very good income, but only for this you need to spend a sufficiently large amount of time to continuously monitor the market, while the professionalism of a person must be at a sufficiently high level.  Of course you are right that the use of stop loss gives certain guarantees for the trader, but for some reason many traders refuse this function.  True, I still can’t understand why, because I am just learning and working on improving my scalping strategy in order to make good progress in this direction.
sr. member
Activity: 1050
Merit: 377
November 29, 2019, 11:31:38 AM
the essence of daily trading is to measure profits from the current chart session, unless you are not targeting daily earnings.

currently not so good for targets of 15% and above because bitcoin surges, with a 2% profit limit and stop loss still possible to find, or at least not too loss. Daily monitoring charts also require this kind of strategy.

Even with a very well-tuned stop loss system, you won’t have any guarantees that you will remain at least at zero. For day trading, you need to understand very clearly in what price corridor the coin will be traded in the next day and when there will be a transition by levels. This is extremely difficult. All day everything can go well, and then you lose everything you have earned for that day. It is imperative not to be greedy.
full member
Activity: 546
Merit: 101
November 29, 2019, 09:11:41 AM
I think, to be able to get profit and whether trading at this time will be profitable or not, it depends on how our strategy is to start and whether we can read the market well, also if we dare to take risks, because in my opinion if we have all that, then with any condition it will not be a problem to be able to get profit
member
Activity: 113
Merit: 10
November 29, 2019, 08:00:06 AM
Profitability depends not only on a chosen type of trading but on numerous factors. First, you should be informed about the situation in the cryptocurrency market, so keep an eye on volatility, maybe use info bots like this one – https://t.me/CexIoInfoBot, etc. Second, never forget to learn. You can’t develop a strategy without knowledge and knowledge never appears from nowhere.
hero member
Activity: 1092
Merit: 501
November 23, 2019, 08:13:11 PM
It is profitable as long as you know how to do it properly ,
If you don't know a thing yet it is better to use a simulator first to know what strategy would be good for you.


Trading simulator will be really good for all of us specially for newbies in trading because surely they will not know what exactly they need to do when they first step into trading platforms and they will not exactly know how will they apply their analyzations and for people who are trading for some time they can use simulators for testing their strategies.
A trading simulator can be a great way to learn most of the aspects that are involved in trading but there is just one huge problem and that is that it will be impossible for you to simulate the psychological aspects that come from winning and losing money, many traders do not really stop to think about these factors but they are really important because they are the most common reason why traders take bad decisions in the markets and the only way to train those aspects is by trading with real money.
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