Topic: it's so hard trading my day now! - page 6. (Read 902 times)
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
Making lost and experiencing wrong result through speculation/prediction are normal because every analysis are not always right. Besides, every crypto trading make lost at some point but what's important is how manage/stop lost. However, the current market trend is not good for day or short trading and i will advise you to use the long form of trading.
crypto trading is difficult to predict, when using indicators often give false signals, try to combine several indicators to confirm the accuracy of the signal, see also whether market conditions are trending or sideways, or even move irregularly.
It depends on the time frames you are trading. If you're a 1-5 min time frame trader you are going to face a lot of disappointments trying to apply indicators. I honestly would put trading such low time frames in the same category of gambling, mainly so with how most people don't even have a clue what they are doing.
This reminds me of a friend of mine (wannabe trader) who sent me a message asking for my opinion on the massive dump that happened. Turns out, the 'dump' was only massive on the 5 min chart.
It's because you are having to predict price movements down to the hour or minute. combine how hard it is to make extremely specific and precise short term predictions accurately with the costs of high frequency low holding period trading and it's very easy to see why most of them lose money. Day trading is inherently a fool's errand unless you're breaking the law to gain an advantage other traders don't have. I recommend don't even bother day trading. It was killed by institutional high frequency trading and it was always doomed in the long run because of the above. making precise predictions is much harder than riding a wave.
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?
Maybe try to look what trading strategies that really fit, long term trading maybe you can try, or maybe if you keep want to do day trading, learn maybe what is your mistake, in here we only give suggestion but each strategy might be different for each people. Like me who like long term investment more than day trading because i think i still can't analyze market well. It's not difficult. Its just that you're bad at reading and predicting the market ( no bad intentions, just sayin ). When you're bad at what I just said, naturally, you won't be making any profit anytime sooner. If you really wanna profit but you just can't cause you're bad, then copy some trading styles of some famous traders. Go to eToro and use their copy trader there. Or just listen to a few famous traders out there and copy what they are doing. If you wanna learn, then suck it up and keep losing money till you actually learn how to make them.
I just can't agree on this one, even the people who have a long time is having hard time dealing with the market right now, why? because whales are very harsh, the price did decline when the month of December comes and made the game harder for the small ones. I guess it's time to formulate for another strategy that can cope up with the market situation right now, old strats seemed to be not working anymore.
It's not difficult. Its just that you're bad at reading and predicting the market ( no bad intentions, just sayin ). When you're bad at what I just said, naturally, you won't be making any profit anytime sooner. If you really wanna profit but you just can't cause you're bad, then copy some trading styles of some famous traders. Go to eToro and use their copy trader there. Or just listen to a few famous traders out there and copy what they are doing. If you wanna learn, then suck it up and keep losing money till you actually learn how to make them.
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?
Did it crossed your mind that maybe something is wrong with your trading that's why you are not making profits? So I guess the best solution is not to ask for advise, but to write down everything and see where you make a mistakes?
I have heard traders jolting down everything, so that they can analyse and improved. So the next time you do your trading, would advise to do the same. Or better yet, stop for a while and try to learn more, like technical analysis.
crypto trading is difficult to predict, when using indicators often give false signals, try to combine several indicators to confirm the accuracy of the signal, see also whether market conditions are trending or sideways, or even move irregularly.
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?
Its not really hard to trade cryptos when the market has less volatility in 24 hour time frame but making profits will be harder if you don't change your strategies which could fit for the current market condition.You can try day trading with stable pairs to use that small swing on prices to make 1 to 3% profits everyday if you can trade at the top and bottom few times a day. 
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 uses of analysis equipment is good in crypto trading but you still need to understand is how the crypto market works because there are some season where speculations and predictions won't yield any good result and that doesn't mean you're not good and what you need during those season I'm about is information. 
Day trading works well in bull market while in a bear market it's very hard to do day trading. Only experts can handle day trading in bear market. A good strategy is to revert to HODL while the market is bearish. I only do day trading when market is going up.
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?
Maybe you are trading base on someones speculation and ideas that's why you struggle to earn with tradings but actually there are some strategies that you need to learn for example do a day trades nor learn to know on when to cut loss if certain bad situation occurs and this simple strategies could really help you if you master this up and explore all things on it so that you will be a good trader on future.
But for now try to watch videos about tradings and it will help you.
That is the why we called crypto is unpredictable. So no one will give correct prediction here, it's better to do some research about crypto market with daily updates and get some knowledge about trading then it will help you and my suggestion to you don't believe any signals from here. It will be risky for your fund so better to understand crypto market and go-ahead.
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?
Then try to list down all your wrong predictions and the slowly make an adjustment little by little and try and watch the market as it goes don't put any amount first just do your analysis and waitbuntil you get it. Because all it takes is realizing every mistakes and why your speculation was wrong thats it. 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?
Read more pro traders most updated analysis based on current market condition, we could find it on twitter or on tradingview for a better view. Learn from losses and be patient with every trade, sometimes we're too slow and sometimes we're too greedy. That's why we experienced much loss. I'm sure if we're more patient and more experienced we'll have a stable profits in the future
Trading looks easy when you have much money because for start investing, when your coin increase although 5% you ca get much profit if invest with much money, for little money hard to reach with much profit because need long time when altcoin or bitcoin up above 20% to get enough profit, without good skill we can get much profit if have big salary to start investing.
I am not a big trader, but I can only give suggestions to you not to give up on finding a profitable coin at the market. You can search for the coins by analyzing every coin at the market so you can find the right coin. You can also choose from the top 20 coin list and start to analyze each coin. But you can also choose bitcoin to trade because I see that bitcoin has a chance to give the profit, and the key here is you need to have patience after you bought bitcoin.
Take a break from trading.Few days like 1/2weeks ( give your mind few refreshment).Then again Start with new strategy and try to learn from trading. If you can't make profit from day trading then go for long term.If you only want to make profit from trading then experience is the key. No one can help you to make profit from it. Use your brain and strategy.If you want profit (doesn’t matter the work).Then go for lending service.
It’s profitable+very risky.You have to gather knowledge and information before start lending service.
It’s profitable+very risky.You have to gather knowledge and information before start lending service.
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?
Do you think it's time to change strategy though, if I were you, try many strategy and see how it goes for you. There are no perfect strategy, and I'm sure no one will give you the success here. It might work for them and not for you. That's why I said you should find it yourself, discover new trading styles, gain experience. This is a journey, one day you might be successful, but there are days that you won't be making money. It's going to be a continue trial and error, so best of luck to you!!!
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?
It could be helpful if you will learn how to read charts and candlestick for you to have an idea on when will the coin will pump or just a tip, you will get more ideas whenn you read books, stream in youtube for trading tips, I could say this because it helps me a lot, I am not a professional trader but now the money that I am losing due to trading is lessen. Jump to: