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Topic: Is the day trading profitable ? - page 4. (Read 12275 times)

sr. member
Activity: 980
Merit: 255
HALA MADRID
November 11, 2019, 07:31:40 PM
Trading should really master the technique, and don't be greedy for profit, better playing a long-term investment that is vulnerable to risk.

You can read how to increase your trading profit by 20% without increasing your risk   
sr. member
Activity: 1236
Merit: 252
November 11, 2019, 05:10:37 AM
I'd done 394% in btc for this year or 760% in USD

https://icryptofan.com/monitoring/88d84aff-3094-4dd7-99ca-4fec92e65392

So yea... day trading is profitable, and yes you can invest in my trading xD
I agree with you here, you are truly right that day trading is profitable. Trading is made to gain additional earning but you only have to be a perfect trader. Learn as much as you can and keep your Eyes on market changes when the price falls just buy and hold so when the price Will be high trade it. Those who become emotional and take foolish steps, cannot make profit in trading especially day trading needs perfection so they should spend a small amount.
full member
Activity: 451
Merit: 100
Decentralized Ascending Auctions on Blockchain
November 10, 2019, 07:16:45 AM
Its not always the same price everyday. Every seconds it changes. Most likely you need to monitor it every hour or so if you want to earn daily. Daily profit in trading is possible as long as you set the right price. I think its more profitable if you just leave it for days or months. There are really coins that don't easily goes up in just a day. Otherwise, there are hours that it will also rise but most likely its on the time you are at rest.
Day trading is very stressful and must be focused on hourly tracking so sometimes you will easily panic if that coin drops. I have traded many times this year but my chances of making a profit are very low because the constant volatility has made me a lot of investment losses. Maybe I am not suitable for this trading method but I will choose to invest in the long term because this is also a way to make money in the bear market and less risky.
sr. member
Activity: 700
Merit: 254
November 10, 2019, 06:02:51 AM
Its not always the same price everyday. Every seconds it changes. Most likely you need to monitor it every hour or so if you want to earn daily. Daily profit in trading is possible as long as you set the right price. I think its more profitable if you just leave it for days or months. There are really coins that don't easily goes up in just a day. Otherwise, there are hours that it will also rise but most likely its on the time you are at rest.
True better to leave it for days than to monitor it everyhour  we busy to another work and also we need some rest so it is hard to monitor it every hour. But some are not really busy so they can trade and monitor it every hour and they get more profits.
Day trading is very profitable when you are willing to look it every hour once the coin get up you can sell it anf buy again once price goes down.
sr. member
Activity: 756
Merit: 251
November 10, 2019, 02:53:40 AM
Its not always the same price everyday. Every seconds it changes. Most likely you need to monitor it every hour or so if you want to earn daily. Daily profit in trading is possible as long as you set the right price. I think its more profitable if you just leave it for days or months. There are really coins that don't easily goes up in just a day. Otherwise, there are hours that it will also rise but most likely its on the time you are at rest.
newbie
Activity: 34
Merit: 0
November 10, 2019, 12:58:54 AM
I'd done 394% in btc for this year or 760% in USD
https://clip2net.com/s/44vNZjf
https://icryptofan.com/monitoring/88d84aff-3094-4dd7-99ca-4fec92e65392

So yea... day trading is profitable, and yes you can invest in my trading xD
hero member
Activity: 1092
Merit: 501
November 09, 2019, 11:44:28 PM
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?
How to do it properly is the question here. I mean, not the expert here but had tried some daytrading which recently turned out as a cool idea.
Watch market, educate constantly and use whatever saves your time to make thoughtful decisons.
Not the easiest job but worth it!
Every form of trading can be extremely profitable, there are only two issues, the first is if you know how to be profitable in that particular form of trading and the second is if you have what it takes to be profitable in that form of trading, in my case while I think I know how to profit from day trading I know I do not have what it takes to be a good day trader, I do not have the time or the ability to take really fast decisions and I cannot sit down in front of my computer all day.
sr. member
Activity: 812
Merit: 251
UniDApp - it's DeFi time!
November 05, 2019, 09:39:45 PM
Yes it is, if done correctly of course. Daytrading is a way of life and it's not the easiest job you know.
Did it for 2 months but didn't turned out as planned. I was using tools on sites like Blackfolio/newscrypto etc. Will probably get back to day trading when i stop working.
I also tried to be a day trader for a short time but I think it was not the best strategy for me as it gave me stress and headaches if I missed the timing to buy or sell. You have to spend lots of time monitoring the market, but if you have other job it might not work. Well it still depends on your time management and strategy, day trading is profitable but not as easy as it seems.
One way or another, day trading is only suitable for the trader who leads a less active lifestyle.  Day trading requires a lot of time to monitor the cryptocurrency market and control all of its rates in order not only to take advantage of the opportunity, but also to respond in time to unexpected situations.  Nevertheless, according to all my friends, daily trading is the most profitable.
You need to be in control of your emotions when day trading because this is a problem not everyone can do in day trading. I have met a lot of people who failed day trading because they could not bear the pressure that the market caused and suffered huge losses when investing. If you are good at trading then this is not a problem to worry about but most people here are very panicked when the market collapses. I think it is best to choose long-term investment and should not be greedy when investing.
hero member
Activity: 1078
Merit: 501
November 05, 2019, 06:57:14 PM
In my opinion, that strategy and technique are the most important because if they understand that, they can be patient and control their emotions, because they know which direction the coin will go. because honestly, if you don't have strategies and techniques, you will play trading like gambling relying solely on instincts and luck.
I think a lot of people already did that thing. Because we can see sometime people start trading activity when they see people who already success from it. And then without enough skill or maybe knowledge they start trading. I have seen a lot of people in my community do that thing. And in the end, they blame the coin that they bought and say it is scam coin.


 yeah it is very much true that in our society people follow the successful people very blindly but they do not know that behind the success there is a lot of hard work, such is the case of trading that people follow the successful traders and do whatever the successful traders do, but they do not have their own strategies which is completely loss, because they cannot handle each and every condition of the market.
member
Activity: 318
Merit: 10
November 05, 2019, 05:02:38 PM
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?
How to do it properly is the question here. I mean, not the expert here but had tried some daytrading which recently turned out as a cool idea.
Watch market, educate constantly and use whatever saves your time to make thoughtful decisons.
Not the easiest job but worth it!
legendary
Activity: 2716
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
November 05, 2019, 09:39:31 AM
In my opinion, that strategy and technique are the most important because if they understand that, they can be patient and control their emotions, because they know which direction the coin will go. because honestly, if you don't have strategies and techniques, you will play trading like gambling relying solely on instincts and luck.
I think a lot of people already did that thing. Because we can see sometime people start trading activity when they see people who already success from it. And then without enough skill or maybe knowledge they start trading. I have seen a lot of people in my community do that thing. And in the end, they blame the coin that they bought and say it is scam coin.
legendary
Activity: 1862
Merit: 1046
November 05, 2019, 08:50:59 AM
Yes it is, if done correctly of course. Daytrading is a way of life and it's not the easiest job you know.
Did it for 2 months but didn't turned out as planned. I was using tools on sites like Blackfolio/newscrypto etc. Will probably get back to day trading when i stop working.
I also tried to be a day trader for a short time but I think it was not the best strategy for me as it gave me stress and headaches if I missed the timing to buy or sell. You have to spend lots of time monitoring the market, but if you have other job it might not work. Well it still depends on your time management and strategy, day trading is profitable but not as easy as it seems.
I have always been strong advocate of this fact that day trading is possible only if the trader has great patience and free time, only then he or she is capable of generating decent money out of fluctuations. Otherwise it is great option to go for long term trading if the person is having bad emotional control. Investing into bitcoin and some popular altcoins can save you from distressed situations and get you nice profit.

Agree, we should always plan based on the characteristics we have when it comes to trading, we are too emotional then we should always plan for long term investment by choosing the right coin. If you are capable of controlling your emotions, then it will surely help you to start day trading immediately and it will surely help you to make a decent profit.
That should be the aim and goal for the newbies who want to either trade or invest long term. They should try to control their emotion or much better, they should remove emotions when they are trading or investing so they won't screw up their plan for trading or investing. I know that it is hard to control it from the start but once you learn how to control and not prioritize the emotions then you will have a higher potential.
In my opinion, that strategy and technique are the most important because if they understand that, they can be patient and control their emotions, because they know which direction the coin will go. because honestly, if you don't have strategies and techniques, you will play trading like gambling relying solely on instincts and luck.
full member
Activity: 1134
Merit: 102
November 05, 2019, 12:05:07 AM
Yes it is, if done correctly of course. Daytrading is a way of life and it's not the easiest job you know.
Did it for 2 months but didn't turned out as planned. I was using tools on sites like Blackfolio/newscrypto etc. Will probably get back to day trading when i stop working.
I also tried to be a day trader for a short time but I think it was not the best strategy for me as it gave me stress and headaches if I missed the timing to buy or sell. You have to spend lots of time monitoring the market, but if you have other job it might not work. Well it still depends on your time management and strategy, day trading is profitable but not as easy as it seems.
I have always been strong advocate of this fact that day trading is possible only if the trader has great patience and free time, only then he or she is capable of generating decent money out of fluctuations. Otherwise it is great option to go for long term trading if the person is having bad emotional control. Investing into bitcoin and some popular altcoins can save you from distressed situations and get you nice profit.

Agree, we should always plan based on the characteristics we have when it comes to trading, we are too emotional then we should always plan for long term investment by choosing the right coin. If you are capable of controlling your emotions, then it will surely help you to start day trading immediately and it will surely help you to make a decent profit.
hero member
Activity: 1092
Merit: 501
November 04, 2019, 07:49:07 PM
Yes it is, if done correctly of course. Daytrading is a way of life and it's not the easiest job you know.
Did it for 2 months but didn't turned out as planned. I was using tools on sites like Blackfolio/newscrypto etc. Will probably get back to day trading when i stop working.
And that my friend is the issue with day trading even if you are skilled enough to make profits with day trading you need to make it your main occupation and if you have a job or other kind of occupations then you cannot really day trade at all because you may miss an important movement in the market while you are doing something else, it is better to become a swing trader that way you only hold your coins for a few days to a few weeks and you can perform your trades in minutes and it combines really well with whatever job you may have.
sr. member
Activity: 1372
Merit: 264
November 03, 2019, 06:46:47 PM
Yes it is, if done correctly of course. Daytrading is a way of life and it's not the easiest job you know.
Did it for 2 months but didn't turned out as planned. I was using tools on sites like Blackfolio/newscrypto etc. Will probably get back to day trading when i stop working.
Day trading only suits for people who has a great patience and has a lot of time. In day trading you will get a little to big profit or sometimes nothing it depends on the coin you are invest with but yes it is profitable I have tried it before and I gain a little in my asset but that was before when I have no job to work for . You need  to pay attention in day trade  so that you will go with the flow of the market.

I highly agreed, doing a daytrade can cost you to stay at home but it will depends if you are into stock msrkrt, crypto or  forex. I would say doing a daytrade in crypto will depend the exchange since you know that every exchange has a different volume so you need to check who has the biggest since you will to make a transaction and execute position immediately.

But it has risk doing a daytrade because you may lose your money if you don't know on how the market flow and technically reading a chart.
sr. member
Activity: 952
Merit: 251
November 03, 2019, 03:00:49 PM
Yes it is, if done correctly of course. Daytrading is a way of life and it's not the easiest job you know.
Did it for 2 months but didn't turned out as planned. I was using tools on sites like Blackfolio/newscrypto etc. Will probably get back to day trading when i stop working.
I also tried to be a day trader for a short time but I think it was not the best strategy for me as it gave me stress and headaches if I missed the timing to buy or sell. You have to spend lots of time monitoring the market, but if you have other job it might not work. Well it still depends on your time management and strategy, day trading is profitable but not as easy as it seems.
I have always been strong advocate of this fact that day trading is possible only if the trader has great patience and free time, only then he or she is capable of generating decent money out of fluctuations. Otherwise it is great option to go for long term trading if the person is having bad emotional control. Investing into bitcoin and some popular altcoins can save you from distressed situations and get you nice profit.
hero member
Activity: 2100
Merit: 546
Leading Crypto Sports Betting & Casino Platform
November 03, 2019, 05:59:47 AM
Yes it is, if done correctly of course. Daytrading is a way of life and it's not the easiest job you know.
Did it for 2 months but didn't turned out as planned. I was using tools on sites like Blackfolio/newscrypto etc. Will probably get back to day trading when i stop working.
Day trading only suits for people who has a great patience and has a lot of time. In day trading you will get a little to big profit or sometimes nothing it depends on the coin you are invest with but yes it is profitable I have tried it before and I gain a little in my asset but that was before when I have no job to work for . You need  to pay attention in day trade  so that you will go with the flow of the market.

in daily trading you will find profits little by little by exploiting the instability of the market every time, so we are required to be patient. and true if you say daily trading is more suitable for people who have a lot of time. I also feel the profit when I trade daily, my strategy is to buy when the price is low and sell when the price is above the purchase price. if the price does not match what we expect, I will be patient to wait until I think, I have benefited. but all that I do with coins that I feel are good, not just holding a coin. must be careful in choosing, before the loss befall us. because right now there are too many coins whose prices are going down, but it's hard to go back up.
No doubt the profits made with day trading or daily trading are little ones but it is the most beneficial form of trading because the trader is able to make benefits on daily basis. On the other hand, it is also the most difficult one as making right prediction on hourly basis is a tough challenge. Patience, knowledge and the right coin are required. It is best to choose bitcoin.
sr. member
Activity: 938
Merit: 250
November 02, 2019, 01:40:08 AM
Yes it is, if done correctly of course. Daytrading is a way of life and it's not the easiest job you know.
Did it for 2 months but didn't turned out as planned. I was using tools on sites like Blackfolio/newscrypto etc. Will probably get back to day trading when i stop working.
Day trading only suits for people who has a great patience and has a lot of time. In day trading you will get a little to big profit or sometimes nothing it depends on the coin you are invest with but yes it is profitable I have tried it before and I gain a little in my asset but that was before when I have no job to work for . You need  to pay attention in day trade  so that you will go with the flow of the market.

in daily trading you will find profits little by little by exploiting the instability of the market every time, so we are required to be patient. and true if you say daily trading is more suitable for people who have a lot of time. I also feel the profit when I trade daily, my strategy is to buy when the price is low and sell when the price is above the purchase price. if the price does not match what we expect, I will be patient to wait until I think, I have benefited. but all that I do with coins that I feel are good, not just holding a coin. must be careful in choosing, before the loss befall us. because right now there are too many coins whose prices are going down, but it's hard to go back up.
sr. member
Activity: 882
Merit: 269
November 01, 2019, 10:36:21 PM
Yes it is, if done correctly of course. Daytrading is a way of life and it's not the easiest job you know.
Did it for 2 months but didn't turned out as planned. I was using tools on sites like Blackfolio/newscrypto etc. Will probably get back to day trading when i stop working.
Day trading only suits for people who has a great patience and has a lot of time. In day trading you will get a little to big profit or sometimes nothing it depends on the coin you are invest with but yes it is profitable I have tried it before and I gain a little in my asset but that was before when I have no job to work for . You need  to pay attention in day trade  so that you will go with the flow of the market.
sr. member
Activity: 980
Merit: 252
November 01, 2019, 09:39:52 PM
Yes it is, if done correctly of course. Daytrading is a way of life and it's not the easiest job you know.
Did it for 2 months but didn't turned out as planned. I was using tools on sites like Blackfolio/newscrypto etc. Will probably get back to day trading when i stop working.
I also tried to be a day trader for a short time but I think it was not the best strategy for me as it gave me stress and headaches if I missed the timing to buy or sell. You have to spend lots of time monitoring the market, but if you have other job it might not work. Well it still depends on your time management and strategy, day trading is profitable but not as easy as it seems.

Read more people analysis and compare them each other, you will have your own conclusion to make a trade if you read them a lot.
My daytrading was work well this year, i can fund myself for living just by doing daytrade because this year is the most stable earning from daytrading for me.
The key is read people's analysis (especially from pro traders, you can see it on tradingview) and also follow up the news from the up to date medias so we won't encounter loss cause of bad news
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