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.
Topic: it's so hard trading my day now! (Read 902 times)
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.
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.
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.
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.
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. 
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.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.
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.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.
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.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.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.
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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.
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.
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.
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.
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.
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.
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.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.
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. 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.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. Jump to: