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Topic: it's so hard trading my day now! - page 2. (Read 833 times)

hero member
Activity: 2268
Merit: 581
December 29, 2019, 01:36:07 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?
^ I may suggest you read and watch video tutorials regarding trading online. Day trading is very risky and that is very hard to gain profit. If you dont know it very well how to do that's the time for you to do research. Also the most important you have also these, fundamental and technical analysis which gives you the right timing in trading. Because that needs a perfect timing when to enter the market and the buy and sell point.
The day trading in brevity is a game of perfect entrance in and exit from the market. If you have mastered this thing, there is no way you cannot make desirable money. But for learning all these skills, you have to invest time and work hard in order to understand market situations well. Day trading is that is why labeled as the riskiest type of trading one can get hands onto. We shall simply do home work before practicing it.
sr. member
Activity: 742
Merit: 251
December 29, 2019, 11:41:58 AM
I am glad that I am not the only one who is having so much hard time trading bitcoin, it has been getting tougher and tougher with how much lunatic moves it does all of a sudden and then for months it is not doing anything. Like not even enough movements these days to make up for the trading fee difference and withdrawal fees for example and then suddenly it makes 20%+ movements, how the hell are we suppose to make day trading if the movements are basically either no movement at all or huge sudden movements?

I need bitcoin to move 5% or at least 3% or so every single day, otherwise day trading is for nothing, looking at altcoins and they are about the same except they are also dropping a lot and not recovering so if you get caught at a wrong price you are stuck.

It might be the time to just hodl for now. I wouldn't trade for a day also. We're at 7k - 7.5k range right now in Bitcoin. Probably you could say that it is gonna be a dream come true for you once Bitcoin pushes above 7.6k as it was getting to that price just barely.
I would just invest into altcoins if I wanted to though.
This time is undoubtedly for simply holding onto bitcoin because it is barely increasing few hundred dollars in values over weeks. People would increase their investments into bitcoin the moment it is going to increase in values speedily. People are really ready to put their money into it but need some kind of guarantee of profits and that is only when they see its pumping side. Altcoins are not bad for small profits.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
December 29, 2019, 09:24:23 AM
If you are trading on a daily basis then you must be knowing that not everyday can be a lucky day.
Some times you lose and some times you win. You must be prepared for the both.
If you are continuously losing then try changing the strategy and keep changing until the one works for you.
Keep your stop losses low until you find the right strategy.
sr. member
Activity: 784
Merit: 250
December 29, 2019, 08:30:04 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.
hero member
Activity: 2996
Merit: 609
December 29, 2019, 08:28:00 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?
You are dealing with volatility on active basis so it is somewhat like a gamble if i were to say.Just dont give up easily yet you arent the only one who do experience hardship when it comes to
day trade.

If you are just still new to trade then better not to rush up with daytrade but rather try on swing trades or trending type of trade.Then after that you can try on doing short ones.
When i do day trade i do make use specific indicators like MA's S&R and trend lines even using up some Fibonacci.
hero member
Activity: 2772
Merit: 645
No dream is too big and no dreamer is too small
December 29, 2019, 07:53:57 AM
#99
I strongly suggest reading a book Smiley There is a shitload infos in the internet and they are almost all just quotes from a few books from 20-30 years ago. Google and read a little about known traders and their publications and learn from there. Internetz can be misleading sometimes and 'pro' tips from blogs are great example.
Yes, they are and if we could read their reviews, not to think about being paid reviews but most likely it was. The reason for this is that they are selling their site and so traders will also be attracted but in reality...it usually far from what they experience. That is why I don't mostly believe those reviews that all of them are a positive cause most of it is a lie.
Knowing about basic trading, it gonna be enough, only we need to elevate for sometimes to see its effectivity in the future.
hero member
Activity: 746
Merit: 502
Looking for advertising deal
December 29, 2019, 07:32:20 AM
#98
I strongly suggest reading a book Smiley There is a shitload infos in the internet and they are almost all just quotes from a few books from 20-30 years ago. Google and read a little about known traders and their publications and learn from there. Internetz can be misleading sometimes and 'pro' tips from blogs are great example.
sr. member
Activity: 1596
Merit: 335
December 29, 2019, 06:06:13 AM
#97
We can't do trading perfectly in the beginning so you have to keep learning. Trading is a never-ending learning process so you have to focus on what's lacking. The market isn't stable as well and there will always be changes so you have to deal with it and try to trade with perfect timing. Apply the basics and don't just focus on speculating.
full member
Activity: 812
Merit: 104
🎄 Allah is The Best Planner 🥀
December 29, 2019, 04:56:43 AM
#96
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?

Day trading are so hard within the current market situation, you ought to stop trading for a couple of days as you are trying to raised understand the market. Increase your skills in order that you'll solve subsequent problem now this is often an enormous challenge for you.
legendary
Activity: 2758
Merit: 1228
December 29, 2019, 04:47:50 AM
#95
In current scenario it is hard to predict the crypto market, most of altcoins are either dead or have little movement, so I do not recommend to do day trading in crypto. If you are interested in day trading I would recommend you to go to forex market.
Below are few tips to do day trading in forex.
1. Always trade in the direction of bigger TF.
2. Chose an entry point on lower TF.
3. Always trade with SL and TP.
4. Do not risk more than 2.5% amount of total capital in a single trade.

Follow above rules and practice on small account, success will follow you for sure.
Of course, I have no experience trading forex, but my friends tell me that this market provides good income only for selected people.  I cannot say how true this is, but I tend to trust my people.  It seems to me that in the case of the cryptocurrency, trading on the cryptocurrency market gives you more chances to make a profit thanks to your experience and knowledge, and in this case you really need to choose the right coins for trading.  Indeed, a lot of altcoin today do not show any results, but if we talk about day trading, then even a small percentage of price fluctuations over an hour matters.

If you cannot see a good result with the other alt's there just go with the top alt's who got a proper volume and edge to rise up when market becames better, remember there are low odds with low caps alt's so the best thing to do now is to go with safe zones(not actually safe but we can manage) or maybe just stay on bitcoins and wait for the halving is come if your done taking a risk with those alt's.
sr. member
Activity: 2254
Merit: 309
Seabet.io | Crypto-Casino
December 29, 2019, 03:59:56 AM
#94
I have tired with many time always have holding my altcoin assets because price down, now I am waiting when altcoin back with higher price for beginning with trading, I keep trust anything can be happen with bitcoin and altcoin price at the future, when bitcoin halving give positive price for crypto have higher price just need wait three months later.
full member
Activity: 1204
Merit: 104
December 29, 2019, 03:25:04 AM
#93
In current scenario it is hard to predict the crypto market, most of altcoins are either dead or have little movement, so I do not recommend to do day trading in crypto. If you are interested in day trading I would recommend you to go to forex market.
Below are few tips to do day trading in forex.
1. Always trade in the direction of bigger TF.
2. Chose an entry point on lower TF.
3. Always trade with SL and TP.
4. Do not risk more than 2.5% amount of total capital in a single trade.

Follow above rules and practice on small account, success will follow you for sure.
Of course, I have no experience trading forex, but my friends tell me that this market provides good income only for selected people.  I cannot say how true this is, but I tend to trust my people.  It seems to me that in the case of the cryptocurrency, trading on the cryptocurrency market gives you more chances to make a profit thanks to your experience and knowledge, and in this case you really need to choose the right coins for trading.  Indeed, a lot of altcoin today do not show any results, but if we talk about day trading, then even a small percentage of price fluctuations over an hour matters.
full member
Activity: 868
Merit: 104
December 28, 2019, 01:36:30 PM
#92
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?

In current scenario it is hard to predict the crypto market, most of altcoins are either dead or have little movement, so I do not recommend to do day trading in crypto. If you are interested in day trading I would recommend you to go to forex market.
Below are few tips to do day trading in forex.
1. Always trade in the direction of bigger TF.
2. Chose an entry point on lower TF.
3. Always trade with SL and TP.
4. Do not risk more than 2.5% amount of total capital in a single trade.

Follow above rules and practice on small account, success will follow you for sure.
member
Activity: 476
Merit: 12
December 28, 2019, 11:19:56 AM
#91
I think you need more advice and ask more strategies to those traders who have lot of experienced. And always remember that you need to invest only to the amount that you are also ready to loss because all we know here in crypto and trading industry it is easy to loss but it is hard to recover so have a good strategies and have a continues learning.
sr. member
Activity: 1372
Merit: 269
★Bitvest.io★ Play Plinko or Invest!
December 28, 2019, 08:57:01 AM
#90
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?
There is no such thing as easy money here except for luck. If you cannot make money through trading try to view more videos talking about strategy in trading. Look some indicators that might help you to be effective in trading. It will be beneficial for you once you get the ideas in trading and make them as good as possible so that you can earn more. Day trading is hard, it requires good execution, experience and determination
legendary
Activity: 2758
Merit: 1228
December 28, 2019, 06:11:29 AM
#89
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?
My advice is you should start trying coins whose price increases or decreases to move a little slowly like doge coins to trade on the market. Maybe here you will have a greater opportunity to benefit even though there are only a few. Now all you have to do is look for which markets have a fairly high volume of doge trading every day
In my opinion, it is not a good idea to trade a coin like doge which has a low volatility because you need a high volatile coin to make profits in the market. If you are going to the coins that are in low volatility then you are not into trading, you are into an investment. Look at the market and check what are the coins that are in a hype and try to enter there.

During the past years, Doge is good, but now, I think its fame and hype has been over too, so for me, if it is up  to you if ever you want to sell  your Doge now or wait for some time, you can always check their development in the community so you can assess if it has potential.

Don't disclose that option since In the first place doge didn't drop so bad In the rankings and for over so many years it still get a decent volume so meaning doge still have a lot of supporters and maybe it will wake up again once the bull market strikes and market became better, for now maybe it's been affected by the bearish market that's why you can see it at the dump price.
legendary
Activity: 3542
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
December 28, 2019, 05:00:36 AM
#88
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 only available way is learning and practicing various trading secretaries and analysis. Until you gain confident on your trading skill, do not trade on actual markets (while you were trading, you must have focused on learning and analyzing yourself too).

First of all, take a break and relax and find time to figure out what you have misses and where your trading turned wrong.

Self-analysis is more important to prevent future mistakes. Instead of correcting your mistakes and looking for new ideas will not work for you rather than it will lead to further losses. Better stop you trading right away and sit and analyze your each and every past trade which will definitely help you to derive your own idea for better and profitable trading.
hero member
Activity: 1260
Merit: 557
Leading Crypto Sports Betting & Casino Platform
December 27, 2019, 11:51:23 AM
#87
At this time, most of the time market is sideway and it's hard to decide to buy or sell. I know it's hard to tell you be patient and do not open any orders, but you should do that. Comedown and be patient for the market to decide new trend here, it's super important right now. Do not rush for small profit, wait and you might get bigger rewards.
Yes, the market is very difficult for us to make decisions now, including anyone who have had a long time working with it. I am thinking of 2017, a year when the market was extremely volatile and all we need to do is trade and wait for profit. Now, make a trade and I have to wait for some days to get a profit, it's really boring.
sr. member
Activity: 630
Merit: 250
enterapp.io PRE-SALE IS LIVE
December 27, 2019, 11:41:58 AM
#86
I think you should accept reality that sideways destroy your strategy, short medium long term period will never success. So far in this end of the year only speculation comes up in market, created by some people with medium fund to make wave. This wave is only temporary but if you push to enter your money will disappear. Try to use stable coin for trading/ investment in medium term period, not get high benefit but small amount will be yours.
sr. member
Activity: 602
Merit: 250
—RUSHMOON — Automatic LP & Yield Farm & AMM on BSC
December 27, 2019, 11:02:20 AM
#85
At this time, most of the time market is sideway and it's hard to decide to buy or sell. I know it's hard to tell you be patient and do not open any orders, but you should do that. Comedown and be patient for the market to decide new trend here, it's super important right now. Do not rush for small profit, wait and you might get bigger rewards.
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