it's so hard trading my day now! - page 4.

FLoving

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Quote from: shield132 on December 26, 2019, 12:48:59 PM

Quote from: Joyawan13 on December 25, 2019, 03:12:01 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?

Please can you answer me why do you trade daily? The more you trade, the more difficult it will be for you to achieve desired plan. You don't have to dig daily for unpredictable deals, better to catch and use best moments rather than every moment.
Also every time during trading you have to remember that if you profit that's because someone loses, you have to be smarter than your opponents cause all of you have one goal and that's profit.

But I do not think that if someone will win then other will lose because when all of us will put our money in any asset then the price of it rises and all of them earn the profit so in that case it is not better that we all dump as if we all will dump then many will lose while better option is that we stay with that coin for longer and when it get a strength in the market then after that we sell our coin this way the coin will not lose the value immediately.

shield132

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Quote from: Joyawan13 on December 25, 2019, 03:12:01 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?

Please can you answer me why do you trade daily? The more you trade, the more difficult it will be for you to achieve desired plan. You don't have to dig daily for unpredictable deals, better to catch and use best moments rather than every moment.
Also every time during trading you have to remember that if you profit that's because someone loses, you have to be smarter than your opponents cause all of you have one goal and that's profit.

barbara44

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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.

Mahanton

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Quote from: Joyawan13 on December 25, 2019, 03:12:01 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?

Daytrade isnt really for everyone which means for those people who do try to force out theirselves to trade actively will surely lost up mot of their position.
Dealing with price actively wont really be that simple if you dont have sufficient experience or do know on how to handle with fluctuating prices
but it doesnt mean that it cant be learnt off.It might be unprofitable for you but dont give up on achieving yet experience would vary along the way.

makolz26

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Quote from: Landak on December 26, 2019, 10:08:00 AM

Quote from: Joyawan13 on December 25, 2019, 03:12:01 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?

never try to believe in a speculation and prediction, use your knowledge to analyze in your own way. it was your first mistake, the second mistake is the definition of daily trading does not mean having to trade every day. the point is that you trade when you are sure of your analysis for the day and get enough profit.

Correct, learn to observe and check how market works everyday, as you go along you will learn and will realize how those coins/tokens grow in a market and what are the factors that causing them dump, so you must really be careful with what you are doing and always bring the positive side of yourself always in trading, as most of the time, you will be lack of focus due to market condition.

Ipwich

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Quote from: Landak on December 26, 2019, 10:08:00 AM

Quote from: Joyawan13 on December 25, 2019, 03:12:01 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?

never try to believe in a speculation and prediction, use your knowledge to analyze in your own way. it was your first mistake, the second mistake is the definition of daily trading does not mean having to trade every day. the point is that you trade when you are sure of your analysis for the day and get enough profit.

That would be all a mental and physical ability of a person.
Some say trading will sometimes play with luck and I believe it but couldn't think that we just rely on it. Luck will sometimes play and just what you've said...we better have our own market understanding as it will guide us to have a better result. Do things that you feel was right cause doubts will always lead to nothing.

Landak

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Quote from: Joyawan13 on December 25, 2019, 03:12:01 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?

never try to believe in a speculation and prediction, use your knowledge to analyze in your own way. it was your first mistake, the second mistake is the definition of daily trading does not mean having to trade every day. the point is that you trade when you are sure of your analysis for the day and get enough profit.

Golftech

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Quote from: EdvinZ on December 26, 2019, 02:50:20 AM

If day trading is difficult for you, it may make sense to subscribe to the social networks of successful traders and simply copy their trades. In parallel, you need to analyze their tactics, learn their manner of trading. This is definitely better than trying to “invent the bike” and suffer losses.

Much better than trying things out from the scratch to where you don't know which path to take. It's really hard to find the right strategy if you will stay with the same manner that you do. Trying to extent your venue of resources and find the right team/people that will help you understand this business
more deeper. Sooner you'll find the right spice and be benefited from your hard work.

AniviaBtc

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Quote from: Xxmodded on December 26, 2019, 09:14:39 AM

Quote from: Joyawan13 on December 25, 2019, 03:12:01 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?

Very hard to get profit with trading right now because almost every day bitcoin and altcoin price always down, when bitcoin and altcoin will be back to higher price and we easy to get profit with bitcoin and altcoin, every day we found bad news with bitcoin and give bad effect to make bitcoin and altcoin price have down, maybe we have wait several days later to start trading and easy earn much profit.

So what we need right now is patience and planning. No matter what happens we will trade but right now is not the right time for that. We just need to wait for the season where we will benefit about the trading and when the prices have no problem.

Let's hope and continue to promote cryptocurrency in a some little way. By that, many will now use it to their transactions and now we can help each other gain profits.

Xxmodded

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Quote from: Joyawan13 on December 25, 2019, 03:12:01 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?

Very hard to get profit with trading right now because almost every day bitcoin and altcoin price always down, when bitcoin and altcoin will be back to higher price and we easy to get profit with bitcoin and altcoin, every day we found bad news with bitcoin and give bad effect to make bitcoin and altcoin price have down, maybe we have wait several days later to start trading and easy earn much profit.

Harlot

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Quote from: KnightElite on December 26, 2019, 12:59:04 AM

Quote from: Harlot on December 25, 2019, 03:34:22 PM

~snip~

But it is really hard to trade nowadays, the selling pressure is high and the whole cryptocurrency market in bearish market. There is no outliners so it is really hard to make a profit. Many people are using counter strategy, what it is means? counter trend strategy is you buying at bottome even the bear market is occurring. Trading is a process of learning so it is normal to experience tough time in it.

That is why I'm not recommending the OP to do day trading anymore if he wants to take advantage of the price movements and is willing to have a short term paper loss than position trading or hodling will be the best thing he will do to profit in the market. Like I said in my first post day trading isn't really for everyone and you need to have lots of cash just to have an ideal gain for it to satisfy your expenses. Counter strategy only means if their traded didn't goes as plan and another opportunity arises the trader simply grabs it to avoid having any more losses in the market.

ultrloa

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Quote from: makolz26 on December 26, 2019, 04:06:23 AM

Quote from: KnightElite on December 26, 2019, 12:59:04 AM

Quote from: Harlot on December 25, 2019, 03:34:22 PM

Maybe day trading for you isn't the right type of trading in the first place? It might sound tough but day trading isn't really for everyone and judging from the current market we have I don't think that everyone can profit from a bearish market like this especially if you don't have the money to do so. Day trading is something done by at least people who are veterans in analyzing charts and news and they are also highly at risk of losing money even if they are the best in the field. Why don't you try other trading methods like position trading or just hodling the crypto in the long run since it is really the most safer bet for someone who is a novice in the crypto market it is really fit for people who don't have a lot of cash to play with in the market.

But it is really hard to trade nowadays, the selling pressure is high and the whole cryptocurrency market in bearish market. There is no outliners so it is really hard to make a profit. Many people are using counter strategy, what it is means? counter trend strategy is you buying at bottome even the bear market is occurring. Trading is a process of learning so it is normal to experience tough time in it.

Yeah very hard, but if we will notice, there's a lot of traders out there who can still manage to win the trade, and they can still earn almost everyday. Anyway, that's the pros and cons of trading, if someone wins, the other side is at lost, so it will be up to us how we are going to win this bearish battle that there's a lot of people who becomes Rekt.

The pros and cons is given since trading is totally risky option for people who wish to earn but eventually this is the most legit way to earn by now and to get those strategies and skills maybe best for him to listen to the people who successfully gain from their trades and learn with it and also analyze the situation which lead him to lose on his own trading mistakes and lastly maybe he should be able to became more innovative to learn new things on tradings since market condition became unpredictable recently so that he can win the bearish battle as you said and avoid to get rekt.

Distinctin

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Quote from: Joyawan13 on December 25, 2019, 03:12:01 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?

Keep searching and find the reason for your losses. If you can find out which one and where then you're near to have the best way to make it right.
But as many people say, you can be a teacher if you're destined to be a teacher, if not then you don't have a chance...the same thing to be a trader.
You'll find it difficult cause I'd never know how eager you are to become a successful trader. If you want to improve then, you have to work harder than before.

gabbie2010

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Quote from: Mumbeeptind1963 on December 26, 2019, 04:00:35 AM

Quote from: EdvinZ on December 26, 2019, 02:50:20 AM

If day trading is difficult for you, it may make sense to subscribe to the social networks of successful traders and simply copy their trades. In parallel, you need to analyze their tactics, learn their manner of trading. This is definitely better than trying to “invent the bike” and suffer losses.

Yes, if you are having a bad time in times like these, you need to analyze what are others are doing so that you will learn the mistakes you are encountering and you may correct it by comparing your strategies with them. You can also read books about chart and candlestick reading or using macd. There is a lot of thinga that can improve your way of trading.

He need to review his trading strategy and analyze what has been going wrong and compares his losing trades with other traders and also you don't force yourself to trade if there isn't any signal or set-up according to your plan this is a conception of some newbies day traders who believed in trading everyday regardless of the market conditions and ended up in a losing streaks.

nicolas1979

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Market is side ways situation, in this condition your money will stuck. End of the year create speculation use wave to get better position in market, all market movement it just bait. I think you should leave trading ( for now ) and try investment/ staking strategy. Find stable coins that already has volume and release as private coin from exchanges. You still can get profit but long term period will test your patient. good luck to you.

makolz26

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Quote from: KnightElite on December 26, 2019, 12:59:04 AM

Quote from: Harlot on December 25, 2019, 03:34:22 PM

Maybe day trading for you isn't the right type of trading in the first place? It might sound tough but day trading isn't really for everyone and judging from the current market we have I don't think that everyone can profit from a bearish market like this especially if you don't have the money to do so. Day trading is something done by at least people who are veterans in analyzing charts and news and they are also highly at risk of losing money even if they are the best in the field. Why don't you try other trading methods like position trading or just hodling the crypto in the long run since it is really the most safer bet for someone who is a novice in the crypto market it is really fit for people who don't have a lot of cash to play with in the market.

But it is really hard to trade nowadays, the selling pressure is high and the whole cryptocurrency market in bearish market. There is no outliners so it is really hard to make a profit. Many people are using counter strategy, what it is means? counter trend strategy is you buying at bottome even the bear market is occurring. Trading is a process of learning so it is normal to experience tough time in it.

Yeah very hard, but if we will notice, there's a lot of traders out there who can still manage to win the trade, and they can still earn almost everyday. Anyway, that's the pros and cons of trading, if someone wins, the other side is at lost, so it will be up to us how we are going to win this bearish battle that there's a lot of people who becomes Rekt.

Mumbeeptind1963

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Quote from: EdvinZ on December 26, 2019, 02:50:20 AM

If day trading is difficult for you, it may make sense to subscribe to the social networks of successful traders and simply copy their trades. In parallel, you need to analyze their tactics, learn their manner of trading. This is definitely better than trying to “invent the bike” and suffer losses.

Yes, if you are having a bad time in times like these, you need to analyze what are others are doing so that you will learn the mistakes you are encountering and you may correct it by comparing your strategies with them. You can also read books about chart and candlestick reading or using macd. There is a lot of thinga that can improve your way of trading.

gweedo

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Quote from: maydna on December 26, 2019, 02:04:44 AM

If you want to day trading, you can play safely trading, for example, you can buy at a low price, if the price increase at any price, as long as you can make a profit, you should sell that amount. Go back and do the same thing many times, I guess you can collect a big profit because when you can make a profit, and you can repeat the process, I am sure that your profit will become bigger. But that will depend on the coin you choose, and I think you can make a profit from selecting bitcoin as a day trading because bitcoin price moves to up and down and back to up again.

How can this process go smoothly, if you start buying on that day, but the price doesn't go up but goes down, then you are at a loss and have to cut a loss. trading daily is not really as easy as you think, it must depend on this market a lot and not every day you have profit. Recently the market is too quiet and there is no signal to trade, at this stage most people prefer to hold short-term rather than trading daily. Trading daily is only suitable for the volatile market and you must know how to seize opportunities whenever the market drops or increases.

Bohxz M4p4gm4h4l25

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Quote from: Joyawan13 on December 25, 2019, 03:12:01 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?

Unforunately no one can help you but yourself. Just a piece of advise, never give up if you're not successful right now because that's a part of learning and making yourself grow. Jusr because you didn't make it will today, it doesn't mean that you will not be great in the future. Focus on where it went wrong and build your solutions in order to stop that mistake to happen again.

EdvinZ

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If day trading is difficult for you, it may make sense to subscribe to the social networks of successful traders and simply copy their trades. In parallel, you need to analyze their tactics, learn their manner of trading. This is definitely better than trying to “invent the bike” and suffer losses.

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