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Topic: it's so hard trading my day now! (Read 832 times)

sr. member
Activity: 686
Merit: 262
January 01, 2020, 02:54:05 PM
Market is either making some sudden moves or going sideways for a while. This market is really hard to trade when it comes to day trading. You should either look for some tough support or resistance to break for an entry or just stay out of the trading completely before trends start making sense to you.
Many people have made loss after the high of 2017.
Market is still volatile but getting more uncertain.
You should stick to your planned numbers at this point.
full member
Activity: 1358
Merit: 134
★Bitvest.io★ Play Plinko or Invest!
January 01, 2020, 11:20:28 AM
If you find it difficult to trade, then you should have sufficient knowledge about the trade If you trade without knowing anything then you will be the loser This is why you need to adopt different strategies such as trading before trading analyze different places to trade. See the trading tips You can read different books and also learn about trade by watching videos I look forward to seeing where they are going wrong so there is a loss in everything.

Today it is hard now to trade and gain a lot of profit in cryptocurrency because many people now are holding their coins because of different reasons. By this kind of action, the market affectedly, and the price of the coins is going down. However, many people still want to earn more profit while the price is low, and then they made daily trading. Even we are knowledgeable and skilled in trading, but the price in the market does not give good value; still, we cannot get any money. One of the best ideas is to hold our coins and avoid trading for now and wait for the price rise again.
sr. member
Activity: 1036
Merit: 258
★Bitvest.io★ Play Plinko or Invest!
January 01, 2020, 07:38:39 AM
If you find it difficult to trade, then you should have sufficient knowledge about the trade If you trade without knowing anything then you will be the loser This is why you need to adopt different strategies such as trading before trading analyze different places to trade. See the trading tips You can read different books and also learn about trade by watching videos I look forward to seeing where they are going wrong so there is a loss in everything.
sr. member
Activity: 952
Merit: 274
January 01, 2020, 06:51:13 AM
It is a reality that day trading is not for everone, you cannot force yourself to do day trading but your skills are only suitable for passive trader. I'm a day trader and a scalper trader, I'm more good with it than to hold long period of time. I became scalper because my skills are suitable to it where I using 5 minutes chart and I can easily make profit within an hour. But not all of times I win, there are times that I also lose.
sr. member
Activity: 2436
Merit: 324
December 31, 2019, 12:39:26 PM
You're right about watching an expert traders video on YouTube but i strongly believe what the OP lack was not understanding how the market revolves because day trading is totally not applicable for every market trend which was the reason he make debt despite his knowledge about price analysis.
No matter how many videos you watch and how many times you watch it, you will find more things to learn when you start trading. When you suffer a loss, you must learn from it, what happened, why it turned out to be a loss instead of gaining profits. Take notes and make sure that you don't commit the same mistake again.
I kinda agree with this because in order to gain what you are aiming you should fix the problem first before you start to make some moves because you might face the same faith somewhere when you start to do trading again.
legendary
Activity: 1344
Merit: 1006
December 31, 2019, 11:04:53 AM
You're right about watching an expert traders video on YouTube but i strongly believe what the OP lack was not understanding how the market revolves because day trading is totally not applicable for every market trend which was the reason he make debt despite his knowledge about price analysis.
No matter how many videos you watch and how many times you watch it, you will find more things to learn when you start trading. When you suffer a loss, you must learn from it, what happened, why it turned out to be a loss instead of gaining profits. Take notes and make sure that you don't commit the same mistake again.
hero member
Activity: 1190
Merit: 511
December 31, 2019, 09:00:25 AM
the more difficult my day on trading day, some speculation and predictions that I make are always wrong, and to get profit now it is very difficult for me to get it, are there any other ways and ideas for me to increase my trading, so that I can get a little benefit , please advise and input by the big traders here or those who have more experience in day trading?
Indeed, becoming a daily trader is very difficult, because we have to be really focused and have enough time to continue to learn and monitor prices in the market. If you do not have enough time, then sometimes you will pass an appropriate moment, to buy or sell moment.
True that, but the thing is that it is a very lucrative way of making money if you become an expert at it. It is very rewarding to know all the new strategies and to adopt to the market changes as it can even allow you to escape your day to day job. In my opinion, if people in crypto have plenty of free time then they should definitely try trading. If it becomes a hobby and you're good at it, one day you might even become rich.

But if you will love what you are doing and you are really aiming to have a daily income rather than just holding a coins/tokens then you will for sure rather choose day trading over it. It may hard to do day trading because of the market condition and you will be in need of a lot of time compare to just holding for long time, but still if others can do it, we can do it as well.
legendary
Activity: 3122
Merit: 1171
December 31, 2019, 08:56:46 AM
the more difficult my day on trading day, some speculation and predictions that I make are always wrong, and to get profit now it is very difficult for me to get it, are there any other ways and ideas for me to increase my trading, so that I can get a little benefit , please advise and input by the big traders here or those who have more experience in day trading?
Indeed, becoming a daily trader is very difficult, because we have to be really focused and have enough time to continue to learn and monitor prices in the market. If you do not have enough time, then sometimes you will pass an appropriate moment, to buy or sell moment.
True that, but the thing is that it is a very lucrative way of making money if you become an expert at it. It is very rewarding to know all the new strategies and to adopt to the market changes as it can even allow you to escape your day to day job. In my opinion, if people in crypto have plenty of free time then they should definitely try trading. If it becomes a hobby and you're good at it, one day you might even become rich.

Who ever plans to trade, people with more free time and people with less free time, should be prepared for changes, every market change require new approach, different strategy. And crypto market is more volatile than any other market in the world, constant changes are normal in crypto.
I think there are many good trading strategies, and depending on the free time you have you can find suitable strategy, that doesn't have to be day trading, it can be mid or even long term trading. As we said market changes pace and directions very often, you need to be prepared to change the way you trade, only like that you can make profit in long run.
hero member
Activity: 658
Merit: 500
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December 31, 2019, 08:30:11 AM
the more difficult my day on trading day, some speculation and predictions that I make are always wrong, and to get profit now it is very difficult for me to get it, are there any other ways and ideas for me to increase my trading, so that I can get a little benefit , please advise and input by the big traders here or those who have more experience in day trading?
Indeed, becoming a daily trader is very difficult, because we have to be really focused and have enough time to continue to learn and monitor prices in the market. If you do not have enough time, then sometimes you will pass an appropriate moment, to buy or sell moment.
True that, but the thing is that it is a very lucrative way of making money if you become an expert at it. It is very rewarding to know all the new strategies and to adopt to the market changes as it can even allow you to escape your day to day job. In my opinion, if people in crypto have plenty of free time then they should definitely try trading. If it becomes a hobby and you're good at it, one day you might even become rich.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
December 31, 2019, 07:33:37 AM
the more difficult my day on trading day, some speculation and predictions that I make are always wrong, and to get profit now it is very difficult for me to get it, are there any other ways and ideas for me to increase my trading, so that I can get a little benefit , please advise and input by the big traders here or those who have more experience in day trading?
For that, I consider watching expert traders via youtube thus I can feel that I'm being mentored personally as most of them enables you to feel that for you to get motivated. I've known a lot of youtubers wethere it's local or foregin. Trust me, they are really motivating and very professional at the same time.
You're right about watching an expert traders video on YouTube but i strongly believe what the OP lack was not understanding how the market revolves because day trading is totally not applicable for every market trend which was the reason he make debt despite his knowledge about price analysis.

He probably should trade with smaller amounts if he's really planning on taking it seriously. It's not that easy being efficient even for long time traders. Experience will be your most important tool so take as much experience, make as much mistakes and learn from them. In time, these will make you a better trader and the losses you have now will eventually turn to gains at certain times.
hero member
Activity: 2590
Merit: 650
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December 31, 2019, 06:41:09 AM
the more difficult my day on trading day, some speculation and predictions that I make are always wrong, and to get profit now it is very difficult for me to get it, are there any other ways and ideas for me to increase my trading, so that I can get a little benefit , please advise and input by the big traders here or those who have more experience in day trading?
For that, I consider watching expert traders via youtube thus I can feel that I'm being mentored personally as most of them enables you to feel that for you to get motivated. I've known a lot of youtubers wethere it's local or foregin. Trust me, they are really motivating and very professional at the same time.
You're right about watching an expert traders video on YouTube but i strongly believe what the OP lack was not understanding how the market revolves because day trading is totally not applicable for every market trend which was the reason he make debt despite his knowledge about price analysis.
hero member
Activity: 994
Merit: 520
🇵🇭
December 30, 2019, 10:47:58 PM
the more difficult my day on trading day, some speculation and predictions that I make are always wrong, and to get profit now it is very difficult for me to get it, are there any other ways and ideas for me to increase my trading, so that I can get a little benefit , please advise and input by the big traders here or those who have more experience in day trading?
For that, I consider watching expert traders via youtube thus I can feel that I'm being mentored personally as most of them enables you to feel that for you to get motivated. I've known a lot of youtubers wethere it's local or foregin. Trust me, they are really motivating and very professional at the same time.
It's good to have a coach too. Or some references to look at. YouTube can help if we're looking for motivations and looking for new techniques for free as some coaches now are need to be paid high and have limited time too unlike in YouTube. I uses both before as there are time I need to see physically and consult what to do.
full member
Activity: 546
Merit: 122
★777Coin.com★ Fun BTC Casino!
December 30, 2019, 10:43:47 PM
the more difficult my day on trading day, some speculation and predictions that I make are always wrong, and to get profit now it is very difficult for me to get it, are there any other ways and ideas for me to increase my trading, so that I can get a little benefit , please advise and input by the big traders here or those who have more experience in day trading?
For that, I consider watching expert traders via youtube thus I can feel that I'm being mentored personally as most of them enables you to feel that for you to get motivated. I've known a lot of youtubers wethere it's local or foregin. Trust me, they are really motivating and very professional at the same time.
legendary
Activity: 1316
Merit: 1145
December 30, 2019, 07:03:42 PM
if you trade Bitcoin to USD/T, I think it's more stable and still predictable. because I made several predictions from my trade, and it worked. Lots to look for news and information. do a careful analysis. watch the chart movement. I always buy when looking at the chart on H1-H4 making a red candle 2-4 lines. and finally be patience.
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
December 30, 2019, 05:59:19 PM
You need a lot of patience and education and to have your hand on the pulse. If you are in crypto to trade to get rich quick, I don't want to disappoint you. If you can be cool, calm and calculated, you can win. A trader's mindset has to be emotionless, yet you should be winning your trades based on other's emotions of fear and greed. Another thing I learned is to always trade coins that you don't mind being lumbered within a slow period. That way you never feel you are a loser, only that you are waiting for the right time to take profits. These are little tips that have saved me in time of great crisis and difficulty and why I am still here, despite many setbacks due to my lack of knowledge of the markets in the past. Also don't be afraid to make mistakes and own them. Be always responsible for your own actions and don't blame others, failure is only for those who never have the guts to try and sometimes make mistakes.
jr. member
Activity: 88
Merit: 9
December 30, 2019, 03:02:17 PM
it sounds like you need to change or further develop your strategy. Some strategies have you entering a position for a month, some have you exiting before the end of the day. There are some great resources out there to help you with this, babypips is a classic recommendation. The CrackingCrypto guys on YouTube also do a good job of providing legitimate analysis by real professional traders and not just moonbois with no experience in trading.
hero member
Activity: 2688
Merit: 625
December 30, 2019, 01:58:07 PM
the more difficult my day on trading day, some speculation and predictions that I make are always wrong, and to get profit now it is very difficult for me to get it, are there any other ways and ideas for me to increase my trading, so that I can get a little benefit , please advise and input by the big traders here or those who have more experience in day trading?
The crypto market is volatile that you can't say when will the market increase and decrease, that is why most of your prediction might be wrong. My advise is if you always experiences losses in trading, you must learn first to control your emotions for you to accept those losses and you need to have patience in your trades, so you can wait for the right time to sell your coin if it already improve it's price.
Patience would really be a big factor which you do need to control if we do deal with volatile prices.Of course you would really need to focus out so that you wont be lost track with your trading analysis.

This wont really be easy and lots already tried out and failing is just common.This is profitable though if you do able to grasp it but if not then it will surely cost you some dollars but it isnt impossible though to learn
up active trades.It do really just take up some time for you to learn.
sr. member
Activity: 630
Merit: 265
December 30, 2019, 01:47:07 PM
the more difficult my day on trading day, some speculation and predictions that I make are always wrong, and to get profit now it is very difficult for me to get it, are there any other ways and ideas for me to increase my trading, so that I can get a little benefit , please advise and input by the big traders here or those who have more experience in day trading?
The crypto market is volatile that you can't say when will the market increase and decrease, that is why most of your prediction might be wrong. My advise is if you always experiences losses in trading, you must learn first to control your emotions for you to accept those losses and you need to have patience in your trades, so you can wait for the right time to sell your coin if it already improve it's price.
sr. member
Activity: 2338
Merit: 338
December 29, 2019, 06:06:12 PM
One strategy I used when I was trading was that when I felt like it was a good time to buy, I would only buy with about 25% of my available cash. Then I had leverage if the price dropped. If it dropped, I would used the second 25%, and they still left 2 more opportunities to buy as the price dropped more.
This is the best way to earn from trading as we should not spend all our money at a single try but better make a plan for it. We should spend time and keep eyes on the market, most of the time we buy when the market falls and keep holding longer. I also keep my money investing until I feel I should stop as day trading needs allot of knowledge.
Not just you have knowledge but you must be a smart guy and strategical. Trading is not all about having a good market understanding but the most important here is we know to adopt and accept the sudden change of market trend, we'll need a strong heart and believe. Then, we can make hopeful positive outcomes of our trades.
full member
Activity: 1008
Merit: 101
December 29, 2019, 02:45:13 PM
One strategy I used when I was trading was that when I felt like it was a good time to buy, I would only buy with about 25% of my available cash. Then I had leverage if the price dropped. If it dropped, I would used the second 25%, and they still left 2 more opportunities to buy as the price dropped more.
This is the best way to earn from trading as we should not spend all our money at a single try but better make a plan for it. We should spend time and keep eyes on the market, most of the time we buy when the market falls and keep holding longer. I also keep my money investing until I feel I should stop as day trading needs allot of knowledge.
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