Topic: Scalpers and day traders - Never lie, be realistic. - page 4. (Read 545 times)
It is the reality of trading, the higher timeframes have a better advantage since you can see the whole picture not fractions of market movement. You can get three different market directions in different hourly vs weekly monthly charts, long term trading requires patience since you only come back checking your orders once a week. Regarding swing trading, you can choose the H4 timeframe as a basement and do your entries on the lower timeframe for maximizing profit and minimizing costs. Swing trading has been better way if you can keep track of the price action on higher timeframes,otherwise, stick to lower timeframes until learning.
Statistics don't lie mate,it's been proven over and over that 95% of day traders ultimately lose money and the ones who can make profit from it can't even outperform an index fund, so why would you intentionally go through all that hassle and stress if you know that the odds are not in your favor.
i lost money using all these methods, so for me i prefer to do long term market analysis and then buy to sell when the price is too high and then do analysis and buy when the price is too low, in this cryptocurrency market it seems that hold is what else makes a profit with some security, of course it also requires good technical analysis and not being fooled by people who believe that price will always go up and not fall, making hodl is the only option to get good profits
if we counted how many people make money scalping day trading, the number would be so small that anyone would be scared
I guess I'm not making money from scalping as it's hard for me but perhaps day trade was more manageable on my end. Though I'd say we're really getting into the vibes that at the end we will gonna be all love swinging a trade, scalpand day trading ing was just too tiresome.
if we counted how many people make money scalping day trading, the number would be so small that anyone would be scared
I guess I'm not making money from scalping as it's hard for me but perhaps day trade was more manageable on my end. Though I'd say we're really getting into the vibes that at the end we will gonna be all love swinging a trade, scalping and day trading was just too tiresome.
I am making money from day trading i often spend lots of my time by concentrating on day trading and i have gain more money than i spent. I think that you can gain from both scalpers as well as from day trading but one important thing is that you should have to know about the chosen one. by knowing about the one or both you can achieve your goals and profit easily.
If you do have the ample time to spent then scalping or day trade would really fit out as your trading style because not all does have the time and not all does have the skills thats whyit wont really fit out anybody on what they are tending to engage.It is actually hard yet i do have experience already in trading but dealing with active price volatility is something
that you cant just really able to handle out if you arent really that good trader.It is hard but not impossible and only ones who do make profits in short time in to those people
who do able to sustain.
In the current market situation and with the failure of the support and resistance areas to determine the direction of prices in the future, I bet that day trading has become more of a step and therefore needs more skills, otherwise you will lose your capital, and from here I cannot recommend it to beginners.
You can try scalping, which I think is better than swing trading, but in the end, unless you build the right strategy, it is wrong to expect to get profits.
Building a strategy requires combining more than one trading type.
You can try scalping, which I think is better than swing trading, but in the end, unless you build the right strategy, it is wrong to expect to get profits.
Building a strategy requires combining more than one trading type.
This is not about swing trading though but about scalping and day trading, are you making profit from it?
You didn't confirm that you are now making steady profit with your new found strategy, swing
I feel all strategy work find only if you understand them.
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I have seen the market to be volatile for two years now
The market doesn't stay in one direction for two years because in between, there is bull and bear also. Two years was in 2020 and in that year bitcoin got lower below $4k and went higher in 5 figures too. Moreover in between there is bear and bull, the difference is to know the trend.
Am still a little bit novice in trading and can't name or define the type of trading am into but will go on to choose day trading as my trading formula is to study the daily price of any coin/token I want to trade-in and will always make sure to take advantage of the volatility of the market to make some profit.
My method is to buy when the price is low and make sure to sell it before the end of the day trading to cash out whatever profits I could make from the esset.
My method is to buy when the price is low and make sure to sell it before the end of the day trading to cash out whatever profits I could make from the esset.
I am making money from day trading i often spend lots of my time by concentrating on day trading and i have gain more money than i spent. I think that you can gain from both scalpers as well as from day trading but one important thing is that you should have to know about the chosen one. by knowing about the one or both you can achieve your goals and profit easily.
You don't earn that much from day and scalping tbh, it's more like you lose a lot more instead. I've had my own experience when doing day trading and it was honestly hell. Even if I profited, it was rather minuscule from what I recall. Probably because I was mostly bad at it, but you can't deny that even then, the chances of both winning and losing trade are pretty close to each other so you'd mostly end up close to zero profit at the end of the day. Was one of the main reasons why I just switched to doing DCA.
DCA, scalping, day trading or any other type of trading all have their advantages and disadvantages, depending on how you do it. If you master it, it will be easy to get profit. If you always lose you are still not able to maximize it. Scalping requires large funds and good technical analysis skills to read market movements quickly. Profit targets must be strictly adhered to. scalping requires a lot of orders so how much profit will be accumulated.I myself sometimes do scalping trades and it is quite effective for getting quick profits. The most important thing is to look at market conditions, if market conditions are not good, don't enter.
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If it's about patience, it looks like I still have to practice patience because I often lose my temper to wait for the market to reverse direction but I'm still working on it. Short-term trading or scalping trading requires more skill to be able to find good coins and all the coins in the market will tempt you to buy because many of them will have a good position to buy or sell.I don't have much experience in scalping trading because it's riskier for me. But I admit that scalping trading is how traders can make profits in a short time. They don't have to hold the coin for too long and as long as they can make a good profit, they can sell it and wait for the right moment to buy again. Before you make a scalping trade, you must search for the coin that has a good movement, maybe have a gap that you can use to buy low and sell high fast.
I never had experienced day trading but I think its very risky. There is no good and bad trading strategy you need to study the market and do some test before you trade. I do mostly holding coins for a week before I trade because I can save more trading fee compared on day trading.
There were few times I wanted to scalp but later resulted to day trading because I have lost already in scalping, I also noticed the greater the losses are most likely to be. I have lost this ways as usual, but I have recently noticed when I turned it into swing trading, I will still later gain. Like what happened recently, bitcoin increased from $34300 to over $41000, I opened short position at $41000 for the market to fall so that I will make profit. But bitcoin increased to $45000 and I lose the more, I left the it alone unlike before that I will close the trade and lose, it took 5 days which was yesterday and the market falled below $40000 and I gained. I gained from swing trading while losing in scalping and day trading. That's the problem there are many projects out there but most of them are bluff they promise that they will grow but after a few months their gone and no promises are fulfilled.
So investing in new projects is more risky than trading.
However, if you are lucky that you invested in a real project then yeah you will gain a great profit holding their token/coins.
I prefer to invest in existing coin or token which I know is legit and having good marketcap already, some of this coins can still be able to go 5x or 10x in the coming years. New projects can be very risky and I am not the type of person that invest in such new projects, but there are some that increased very well but just few of them while many resulted to losses. So investing in new projects is more risky than trading.
However, if you are lucky that you invested in a real project then yeah you will gain a great profit holding their token/coins.
You don't earn that much from day and scalping tbh, it's more like you lose a lot more instead. I've had my own experience when doing day trading and it was honestly hell. Even if I profited, it was rather minuscule from what I recall. Probably because I was mostly bad at it, but you can't deny that even then, the chances of both winning and losing trade are pretty close to each other so you'd mostly end up close to zero profit at the end of the day. Was one of the main reasons why I just switched to doing DCA.
This is not about swing trading though but about scalping and day trading, are you making profit from it? Maximum number of votes is 3 for each and everyone.
then scalping/daytrade is the most hardest type of trading yet you do need to deal off with volatility on very active manner which not all would be having the skills on doing so.
Even myself do still have a hard time on taking a good grasps but somehow due to skills and knowledge with spot trades even on swing/trend type of trading then you do at least have
the idea which is more better compared to those who are just starting up.
The poll shows that people are not earning from scalping and day trading. But there are people that can take advantage and earn profit from this type of trading. It depends on the strategy of the trader himself. But if you are a trader and you're not earning or just earning a very little profit, maybe, it is time to think about changing your strategy or means of approach in crypto. Scalping is not for all. If your tactic is not working, better change it fast before you incur negative profit.
This is not about swing trading though but about scalping and day trading, are you making profit from it? Maximum number of votes is 3 for each and everyone.
then scalping/daytrade is the most hardest type of trading yet you do need to deal off with volatility on very active manner which not all would be having the skills on doing so.
Even myself do still have a hard time on taking a good grasps but somehow due to skills and knowledge with spot trades even on swing/trend type of trading then you do at least have
the idea which is more better compared to those who are just starting up.
I am not surprised that at the start of this, the "I am not making money" parts are a bit stronger. The average person doesn't make profit from either of these things. The 70% of traders do not make money from stock markets, meaning it could be similar in crypto as well, we do not have the data for it but I assume it is similar. Which shows us that minority of the people make the most money. It is said that 80-20 rule "may" apply here, not guaranteed but that is what we estimate.
It means 80 percent of the people get the 20 percent of the money whereas 20 percent of the people get the 80 percent of the money. Is that true? I do not know, but calculated estimations show that it could be true.
It means 80 percent of the people get the 20 percent of the money whereas 20 percent of the people get the 80 percent of the money. Is that true? I do not know, but calculated estimations show that it could be true.
These days it's very hard to analyze the market it's different compared to the past. I'm doing scalping and yes I can make a profit but it depends on the market condition.
I also experience to lose but it's a part of learning process to grow. I never had experienced day trading but I think its very risky. There is no good and bad trading strategy you need to study the market and do some test before you trade. I do mostly holding coins for a week before I trade because I can save more trading fee compared on day trading.
That's the problem there are many projects out there but most of them are bluff they promise that they will grow but after a few months their gone and no promises are fulfilled.
So investing in new projects is more risky than trading.
However, if you are lucky that you invested in a real project then yeah you will gain a great profit holding their token/coins.
I also experience to lose but it's a part of learning process to grow. I never had experienced day trading but I think its very risky. There is no good and bad trading strategy you need to study the market and do some test before you trade. I do mostly holding coins for a week before I trade because I can save more trading fee compared on day trading.
With investment, it is much more easily. You only have to choose good projects, hold and wait for good price to sell. Challenge in investment is most investors take profit at minor earnings and regret. Then enter again, and stucked at peaks, ATHs. 
That's the problem there are many projects out there but most of them are bluff they promise that they will grow but after a few months their gone and no promises are fulfilled.
So investing in new projects is more risky than trading.
However, if you are lucky that you invested in a real project then yeah you will gain a great profit holding their token/coins.
Don't lie!
I earned a lot from trading and lost a lot from trading as well. Additionally, with 5 years in crypto market, I can say from my experience that trading is not for all but investment is for all or most of us. Fast comes fast goes, it is about trading. Because if you don't have ability to be disciplined and determined with your actions as responses to price actions, I am sure you will lose all capital and temporary profit very easily.
With investment, it is much more easily. You only have to choose good projects, hold and wait for good price to sell. Challenge in investment is most investors take profit at minor earnings and regret. Then enter again, and stucked at peaks, ATHs.
I earned a lot from trading and lost a lot from trading as well. Additionally, with 5 years in crypto market, I can say from my experience that trading is not for all but investment is for all or most of us. Fast comes fast goes, it is about trading. Because if you don't have ability to be disciplined and determined with your actions as responses to price actions, I am sure you will lose all capital and temporary profit very easily.
With investment, it is much more easily. You only have to choose good projects, hold and wait for good price to sell. Challenge in investment is most investors take profit at minor earnings and regret. Then enter again, and stucked at peaks, ATHs.
I choose as @joeperry did as I am not making a profit every time I trade because I am not a day trader or scalper but tend to swing trader because I always try to buy and hold for a while and then sell when the price goes up. There is no need to go up too high but enough for me to make a profit.
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Also @joeperry
What I have been noticing is that even swing trading can bring patience to make people to trade at the right time, this has been the key reason for you people no to be losing, unlike focusing on only short term ones like scalping and day trading. It is true that the market can go wrong and can take a very long time before correction, swing traders could have been losing a lot of money but which will be corrected and can result to gain. The advantage of the market is that it fluctuates in the both directions but swing traders may not have any profit until weeks and that is what swing trading is.
I will like if people can be specific on just scalping and day trading, for us to know if some people are trading in that very short time and making profit.
I choose as @joeperry did as I am not making a profit every time I trade because I am not a day trader or scalper but tend to swing trader because I always try to buy and hold for a while and then sell when the price goes up. There is no need to go up too high but enough for me to make a profit.
I think this can minimize losses for traders who do not have much time to analyze the course of the market. But it also depends on the coin that we will buy because if the coin can't move for a long time, we can't sell it for a long time either.
If I haven't made a profit from the coins I bought a while ago, I guess I can still hold on to it while waiting for the price to go up. And it has worked on several occasions. But I've also tried scalping trading and at that time, the speed of the coins to move was so good that I was able to get a decent profit in a few trades.
It goes back to each trader as to what method works for them and it will probably take some time before you find out which one is right for you.
I think this can minimize losses for traders who do not have much time to analyze the course of the market. But it also depends on the coin that we will buy because if the coin can't move for a long time, we can't sell it for a long time either.
If I haven't made a profit from the coins I bought a while ago, I guess I can still hold on to it while waiting for the price to go up. And it has worked on several occasions. But I've also tried scalping trading and at that time, the speed of the coins to move was so good that I was able to get a decent profit in a few trades.
It goes back to each trader as to what method works for them and it will probably take some time before you find out which one is right for you.
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