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Topic: Is the day trading profitable ? - page 12. (Read 12291 times)

sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
June 25, 2019, 05:44:54 AM
It is profitable, however for beginners it is highly recommended to start from small to get familiarity of the process with having a minimal risk involved.
Right,but most of the beginners come with the intention of making profits only so they are risking more but most of them keep losing in the hard run.Day trading might easier when the market is bullish but it is better to keep holding than doing day trading at the bull run.Real profitable day trader need to make profits at the bearish trend.
sr. member
Activity: 798
Merit: 258
June 25, 2019, 05:29:46 AM
I think that trading for long term is better than the day trade in term of profitability.

Obviously you'll make more money day trading if you do it for long term, provided you are a successful day trader.
That would make you rich honestly, although I like to achieved this as my goal, but my action does not speak for it yet, I'm looking for improvement here.

Agreed on you to that mate, I know lot of traders in crypto currency are applying that most of the time. In fact, I've been here for more than 1 year but only this time I'm focusing myself in day trade, to enhance myself more to practice too to get profit as much as possible in my everyday of life.
hero member
Activity: 3024
Merit: 629
June 25, 2019, 03:23:57 AM
Day trading is profitable if you know what you're doing. You must be aware of what to expect and has knowledge on what to consider before making a trade. Having lots of time is important to monitor the movement of the price so you wont missed the right timing to put your trades.

I tried to be a day trader before but I cant handle the stress, I guess not all traders are meant for it.
newbie
Activity: 14
Merit: 0
June 25, 2019, 02:37:04 AM
It is profitable, however for beginners it is highly recommended to start from small to get familiarity of the process with having a minimal risk involved.
hero member
Activity: 1190
Merit: 541
June 25, 2019, 12:22:15 AM
You can do that when you had enough money to start as capital of this type of trading.


Actually you it's not necessary to start with a big money, if you are profitable, you can easily turn your thousands of dollars into million as you will keep increasing your income as you go longer in this kind of trading.
Yeah earning in trading depends on the trader if the trader is good he can invest huge amount but if he is new it is much better to invest small amount and gradually you can increase the money, day trading is profitable, but it needs allot of knowledge to trade profitable, if you are not having idea or knowledge better trade for long term.

Day trading is much profitable if we can take all the risks along with it.Day traders are normally those who are already experienced traders and knows the market well so that they can make big gains after day trading.But if you are just a beginner in trading,do not jump immediately in day trading,better to start first in long term trading since the risks in it is not that huge compared to day trading.
The profit is always there for day trading, but the risk involve is what people often become a victim of, that makes day trading a nightmare for a lot of trader, and only professional trader could really deal with this day trading nightmare.

I agree with you that no newbie should ever try to day trade without becoming a perfect trader, strategy is much more needed for any day trader to be able to have a very bright and successful trade, and which is why I mostly do implore newbie to endeavor to be more of holder as newbie while practicing to be a pro trader using demo trades. This is the only way a newbie could avoid failure in day trade.
full member
Activity: 352
Merit: 100
June 19, 2019, 11:18:03 AM
You can do that when you had enough money to start as capital of this type of trading.


Actually you it's not necessary to start with a big money, if you are profitable, you can easily turn your thousands of dollars into million as you will keep increasing your income as you go longer in this kind of trading.

Starting with big money, especially, when you deal with day trading, will finally bring to a loss. It is also worth trying to trade tokens with low market capitalization. If you succeed, some more alts can be chosen.
member
Activity: 700
Merit: 10
June 19, 2019, 04:37:57 AM
Daily trading can be profitable depending on how much capital you have and on what cryptocurrencies your capital is distributed, the more and more promising they are, the greater the probability of receiving daily profit
but we must have a good strategy. daily trading is more risky, than we invest long-term. it takes a good psychology to deal with market movements, of course we will more often see fluctuating market movements

full member
Activity: 1162
Merit: 101
June 19, 2019, 02:46:34 AM
Daily trading can be profitable depending on how much capital you have and on what cryptocurrencies your capital is distributed, the more and more promising they are, the greater the probability of receiving daily profit
sr. member
Activity: 784
Merit: 250
June 19, 2019, 12:24:55 AM
You can do that when you had enough money to start as capital of this type of trading.


Actually you it's not necessary to start with a big money, if you are profitable, you can easily turn your thousands of dollars into million as you will keep increasing your income as you go longer in this kind of trading.
Yeah earning in trading depends on the trader if the trader is good he can invest huge amount but if he is new it is much better to invest small amount and gradually you can increase the money, day trading is profitable, but it needs allot of knowledge to trade profitable, if you are not having idea or knowledge better trade for long term.

Day trading is much profitable if we can take all the risks along with it.Day traders are normally those who are already experienced traders and knows the market well so that they can make big gains after day trading.But if you are just a beginner in trading,do not jump immediately in day trading,better to start first in long term trading since the risks in it is not that huge compared to day trading.
day trading only suitable for experienced trader and have good trading skills.without this skill its impossible for people to be good day traders.for beginner trader maybe long term more safe and profitable for them,
full member
Activity: 1134
Merit: 102
June 18, 2019, 11:50:47 PM
You can do that when you had enough money to start as capital of this type of trading.


Actually you it's not necessary to start with a big money, if you are profitable, you can easily turn your thousands of dollars into million as you will keep increasing your income as you go longer in this kind of trading.

We should always focus on increasing our asset because everyone will start with the low investment and after making some profit, you need to buy the potential coin which will show some credibility in the market will always help us to increase our asset.

hero member
Activity: 3052
Merit: 606
June 18, 2019, 07:01:35 PM
You can do that when you had enough money to start as capital of this type of trading.


Actually you it's not necessary to start with a big money, if you are profitable, you can easily turn your thousands of dollars into million as you will keep increasing your income as you go longer in this kind of trading.
Yeah earning in trading depends on the trader if the trader is good he can invest huge amount but if he is new it is much better to invest small amount and gradually you can increase the money, day trading is profitable, but it needs allot of knowledge to trade profitable, if you are not having idea or knowledge better trade for long term.

Day trading is much profitable if we can take all the risks along with it.Day traders are normally those who are already experienced traders and knows the market well so that they can make big gains after day trading.But if you are just a beginner in trading,do not jump immediately in day trading,better to start first in long term trading since the risks in it is not that huge compared to day trading.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
June 18, 2019, 05:02:10 PM
You can do that when you had enough money to start as capital of this type of trading.


Actually you it's not necessary to start with a big money, if you are profitable, you can easily turn your thousands of dollars into million as you will keep increasing your income as you go longer in this kind of trading.
Yeah earning in trading depends on the trader if the trader is good he can invest huge amount but if he is new it is much better to invest small amount and gradually you can increase the money, day trading is profitable, but it needs allot of knowledge to trade profitable, if you are not having idea or knowledge better trade for long term.

Starting with small money at least you have to have patience and good skills, because starting with low funds takes a long time to make it big in the end for your balance, and again if you don't have skills in this case, day trading will it becomes a mess for your finances because of the panic and fomo that you experience.
full member
Activity: 1008
Merit: 101
June 18, 2019, 04:36:18 PM
You can do that when you had enough money to start as capital of this type of trading.


Actually you it's not necessary to start with a big money, if you are profitable, you can easily turn your thousands of dollars into million as you will keep increasing your income as you go longer in this kind of trading.
Yeah earning in trading depends on the trader if the trader is good he can invest huge amount but if he is new it is much better to invest small amount and gradually you can increase the money, day trading is profitable, but it needs allot of knowledge to trade profitable, if you are not having idea or knowledge better trade for long term.
legendary
Activity: 1890
Merit: 1148
June 18, 2019, 10:21:37 AM
As a trader, you may have often read so that you are not affected by the feeling of 'greed or fear' in trading. If you are a trader, trade is based on what you see on the market, not trading based on what you think about the market.
So you are saying we must trade only with watching the chart / running trade without think anything? Let say, bitcoin seems on their bullish right now, so we should buy more bitcoin asap?

hero member
Activity: 910
Merit: 512
June 18, 2019, 07:21:27 AM
As a trader, you may have often read so that you are not affected by the feeling of 'greed or fear' in trading. If you are a trader, trade is based on what you see on the market, not trading based on what you think about the market.
hero member
Activity: 2940
Merit: 613
Winding down.
June 18, 2019, 04:22:43 AM
You can do that when you had enough money to start as capital of this type of trading.


Actually you it's not necessary to start with a big money, if you are profitable, you can easily turn your thousands of dollars into million as you will keep increasing your income as you go longer in this kind of trading.
legendary
Activity: 3024
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
June 18, 2019, 02:53:14 AM
I am prepared myself for trading. But i need some suggetions from here. There are many way for trading in cryptocurrency. But i need correct one which is profitabe. I am prepared myself for day trading. Is it profitabe?

Frankly speaking, day trading for me is the most profitable if the trader invest more time into the trade. Remember that, many factors are also against the day trading becasue, most individuals will not be able to follow up the market news and it progress, thereby falling apart when the opportunity come around. Try and dedicate your time to day trading and you will gain more profits in the process.   
This will be a choice for few people because this 24 hours you see in a day is no longer enough for people because you see people trying to do so many things at the same time to be able to meet up with their monthly income target and it would be difficult for most people who are interested in trading to be able to dedicate a whole day to trading, only pro traders can, and we already know that they are called for that alone.

Day trading is fine, I really agree with you, but the time to settle down to maximize day trading is what has always been a very big challenge and why people just head straight for long term trading.
member
Activity: 250
Merit: 10
June 15, 2019, 08:40:08 AM
day trading is good , but dont to greedy for profit .
the pros thing about day trading is if you get loss u will notice it ASAP and can cut loss ASAP too
hero member
Activity: 2366
Merit: 594
June 15, 2019, 07:52:14 AM
daily trading still profits as long as you choose potential coins and can manage your profits well, I prefer daily trading with small profits but can continue long-term rather than having big profits but only once.

Daily trading is only for people that can focus on it for the whole day. If someone has his office job and busy from his work daily trading won't suit him well. It's better to just buy those potential coins that are good for long term. Crypto market is very volatile and every hour their is a possibility that the market can go sideways.
legendary
Activity: 1904
Merit: 1000
June 15, 2019, 07:42:20 AM
Daily trading can be profitable if you have several dozens of cryptocurrencies with good volatility in your portfolio, this increases the probability of receiving a profit

Bitcoin is a coin with high volatility and its range can be very good in daily basis. We can use it as our trading tool to benefit in the short term style. But surely, to get profit continuously will be difficult. Making targets is the most reasonable thing to manage our profits.
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