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Topic: The advantage of day trader - page 2. (Read 2538 times)

hero member
Activity: 1134
Merit: 517
April 19, 2019, 09:11:40 AM
the benefit and advantage of day trader for me is , you can do fast cutloss if you think the market will be worst and make ur capital safe
Many crypto almost of the crypto goes up and down in this case for long term trader can get lowest to highest margin. But day trade can get all the margin when up they exit and when low again enter. In this way day trader can gain multiple times where long term trader can gain only a single time.
member
Activity: 462
Merit: 11
February 06, 2019, 08:34:35 PM
Trading is risky activity with  potential high profit, from trading we can change the financial to be much better. Alot of people was get financial freedom from trading, and also some people been lossing money, but by keep learn that loss will be make us become more professional in trading and later we get good income from it.
legendary
Activity: 3346
Merit: 1191
February 04, 2019, 05:25:52 PM
In trading activity is not easy to earn profit consistently,  so beside we jump in to trading we should be have others source income and dont use trading for main job.  Some trader can be successfully in trading but others alot of trader also hasbeen loss much money. 
only profesional trader that earn consitant profit make this activity as main job.only few people has good skill in analizing and also good lucky in this market that could survive.having other job as source income make our psychology kept and easy to controll our emotion when price crashing.

Exactly. Also the psychology of wanting to "win big" is really what makes the biggest losses since its not only a win big but also a "lose big" mentality. So in the end, weak hands are shaken out and you lose.

You need to have conditions for day trading. At the moment except some coins most of them are in downtrend. I don`t like pump and dump coins, so I don`t consider them in day trading, it`s a scheme that makes money for market manipulators. I`m on hold with coins I trade with daily, I wait market to drop more before I buy again. My short term prediction is that prices will soar more, after that we can see some uptrends. My short term trading become mid term this year, prices don`t move in the way I believe they will. I guess we all need to be patient in this times and wait for good opportunity, sometimes you need to rest.
legendary
Activity: 2254
Merit: 2003
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February 04, 2019, 10:33:59 AM
In trading activity is not easy to earn profit consistently,  so beside we jump in to trading we should be have others source income and dont use trading for main job.  Some trader can be successfully in trading but others alot of trader also hasbeen loss much money. 
only profesional trader that earn consitant profit make this activity as main job.only few people has good skill in analizing and also good lucky in this market that could survive.having other job as source income make our psychology kept and easy to controll our emotion when price crashing.

Exactly. Also the psychology of wanting to "win big" is really what makes the biggest losses since its not only a win big but also a "lose big" mentality. So in the end, weak hands are shaken out and you lose.
full member
Activity: 434
Merit: 100
February 04, 2019, 01:24:28 AM
Potential to make substantial profits. The biggest lure of day trading is the potential for spectacular profits.

Being your own boss. The day trader works alone, independent from the whims of corporate bigwigs.

Never a dull moment. Long-time day traders love the thrill of pitting their wits against the market and other professionals day in and day out.

Expensive education not required. For many jobs in finance, having the right degree from the right university is a prerequisite just for an interview.

Self-employment benefits: As a self-employed individual, a day trader can write off certain expenses for tax purposes, which cannot be claimed by an employed individual.



Any other opinions? Please comment And we discuss any other benefits for someone who uses day trading techniques.


I disagree with everything particularly with the 'never a dull moment' part. Maybe if it's a bull run but bull run does not really last long so we are talking about the long months of stress that comes after. Day traders are suffering with so much anxiety right now if they still pursue it.
member
Activity: 448
Merit: 17
February 03, 2019, 09:27:44 PM
many of the advantages of daily traders that you designate are the right things and maybe many others that we will not be able to mention one by one. What is clear is that we use stringed capital and profit will also be obtained by the strings of all risks that occur must be resolved alone.
daily trading is a learning for traders, if we trade on a daily basis then we will always monitor price movements, and we can make price predictions from time to time, so there are many advantages that we can get from trading daily, but don't use money too a lot because the potential loss will always be there, if we are not careful in taking existing decisions.
member
Activity: 134
Merit: 12
February 03, 2019, 08:57:42 PM
The current market situation will be suited for day traders , but not for long time I think
sr. member
Activity: 1624
Merit: 341
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February 03, 2019, 08:43:26 PM
In trading activity is not easy to earn profit consistently,  so beside we jump in to trading we should be have others source income and dont use trading for main job.  Some trader can be successfully in trading but others alot of trader also hasbeen loss much money. 
only profesional trader that earn consitant profit make this activity as main job.only few people has good skill in analizing and also good lucky in this market that could survive.having other job as source income make our psychology kept and easy to controll our emotion when price crashing.
if have no saving we should try make this market as main job.much people disappointed with this market when they make it as main income source.for some people that have much money no problem , but for people that still be beginner it will be serious problem.
sr. member
Activity: 980
Merit: 250
February 03, 2019, 08:16:36 PM
In trading activity is not easy to earn profit consistently,  so beside we jump in to trading we should be have others source income and dont use trading for main job.  Some trader can be successfully in trading but others alot of trader also hasbeen loss much money. 
only profesional trader that earn consitant profit make this activity as main job.only few people has good skill in analizing and also good lucky in this market that could survive.having other job as source income make our psychology kept and easy to controll our emotion when price crashing.
member
Activity: 476
Merit: 10
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February 03, 2019, 07:54:54 PM
In trading activity is not easy to earn profit consistently,  so beside we jump in to trading we should be have others source income and dont use trading for main job.  Some trader can be successfully in trading but others alot of trader also hasbeen loss much money. 
full member
Activity: 1008
Merit: 101
February 03, 2019, 04:47:22 PM
the benefit and advantage of day trader for me is , you can do fast cutloss if you think the market will be worst and make ur capital safe
Yes the real advantage of day trading is independence, no matter what the situation is you can make profit from market, it needs a little higher skills than long term trading but there are so many advantages too, for me it is good way to have fast higher income than any other investment I am planning to learn day trading properly as it’s my first experience.
full member
Activity: 602
Merit: 111
February 02, 2019, 04:55:31 PM
Potential to make substantial profits. The biggest lure of day trading is the potential for spectacular profits.

Being your own boss. The day trader works alone, independent from the whims of corporate bigwigs.

Never a dull moment. Long-time day traders love the thrill of pitting their wits against the market and other professionals day in and day out.

Expensive education not required. For many jobs in finance, having the right degree from the right university is a prerequisite just for an interview.

Self-employment benefits: As a self-employed individual, a day trader can write off certain expenses for tax purposes, which cannot be claimed by an employed individual.



Any other opinions? Please comment And we discuss any other benefits for someone who uses day trading techniques.

If you are implementing Day trading, it means you are a freelancer. Which you can do whatever you want in trading Whether you lose or not.
You can consider it as your own part time income which is better than the salary of an ordinary employee. Because, you can earn in daily basis more than the minimum daily salary.
everyone wants to be a boss in his own job so cryptocurrency field will make that dreams more easily possible and a day trader will always do some other business also instead of trading it is also very helpful for them to make double income for his life.
member
Activity: 616
Merit: 16
February 02, 2019, 04:50:50 PM
you just made your points but the current market situation looks like it favors nobody but the experienced ones. whether you are day or night, any slight mistake will get you burned down without any mistake and you will regret so much fo such mistakes. it is quite unfortunate to note that many are abandoning the trading platform due to the uncertainty of the market.
sr. member
Activity: 854
Merit: 252
February 02, 2019, 03:36:40 PM
Potential to make substantial profits. The biggest lure of day trading is the potential for spectacular profits.

Being your own boss. The day trader works alone, independent from the whims of corporate bigwigs.

Never a dull moment. Long-time day traders love the thrill of pitting their wits against the market and other professionals day in and day out.

Expensive education not required. For many jobs in finance, having the right degree from the right university is a prerequisite just for an interview.

Self-employment benefits: As a self-employed individual, a day trader can write off certain expenses for tax purposes, which cannot be claimed by an employed individual.



Any other opinions? Please comment And we discuss any other benefits for someone who uses day trading techniques.

If you are implementing Day trading, it means you are a freelancer. Which you can do whatever you want in trading Whether you lose or not.
You can consider it as your own part time income which is better than the salary of an ordinary employee. Because, you can earn in daily basis more than the minimum daily salary.
member
Activity: 250
Merit: 10
February 02, 2019, 08:01:01 AM
the benefit and advantage of day trader for me is , you can do fast cutloss if you think the market will be worst and make ur capital safe
sr. member
Activity: 2520
Merit: 280
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February 01, 2019, 08:51:08 AM
Potential to make substantial profits. The biggest lure of day trading is the potential for spectacular profits.

Being your own boss. The day trader works alone, independent from the whims of corporate bigwigs.

Never a dull moment. Long-time day traders love the thrill of pitting their wits against the market and other professionals day in and day out.

Expensive education not required. For many jobs in finance, having the right degree from the right university is a prerequisite just for an interview.

Self-employment benefits: As a self-employed individual, a day trader can write off certain expenses for tax purposes, which cannot be claimed by an employed individual.



Any other opinions? Please comment And we discuss any other benefits for someone who uses day trading techniques.
there are so many advantages that we can get from daily trading, but we have to spend a lot of time monitoring price developments, because if we are a little late we will lose the opportunity to buy when prices go down or sell when prices rise.
But there are lot of disadvantages are also available in day trading so people don't have to day trade if they can't afford that capital.And even the price movement analysis too often will make you sick and will affect your mental health so don't lose your health while looking for some money.Day traders need to have many source of income as well to make risky moves without much fear.
full member
Activity: 490
Merit: 100
February 01, 2019, 07:33:28 AM
Potential to make substantial profits. The biggest lure of day trading is the potential for spectacular profits.

Being your own boss. The day trader works alone, independent from the whims of corporate bigwigs.

Never a dull moment. Long-time day traders love the thrill of pitting their wits against the market and other professionals day in and day out.

Expensive education not required. For many jobs in finance, having the right degree from the right university is a prerequisite just for an interview.

Self-employment benefits: As a self-employed individual, a day trader can write off certain expenses for tax purposes, which cannot be claimed by an employed individual.



Any other opinions? Please comment And we discuss any other benefits for someone who uses day trading techniques.
there are so many advantages that we can get from daily trading, but we have to spend a lot of time monitoring price developments, because if we are a little late we will lose the opportunity to buy when prices go down or sell when prices rise.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
January 31, 2019, 11:23:58 PM
I agree with others that it is quite difficult right now to make much money in this bear market day trading.
Day trading might be very much difficult for making profit but it is not impossible. If it was impossible then every person stopped buy as  a result sell price should go lowest and more chance there could have no transaction.

Indeed, you can be profitable in day trading although only few traders can do that.
Mastering your skills is very important as every decision when you are day trading is very crucial, it could give you a big losses if you are not too diligent.
hero member
Activity: 1134
Merit: 517
January 31, 2019, 05:56:02 PM
I agree with others that it is quite difficult right now to make much money in this bear market day trading.
Day trading might be very much difficult for making profit but it is not impossible. If it was impossible then every person stopped buy as  a result sell price should go lowest and more chance there could have no transaction.
hero member
Activity: 1302
Merit: 503
January 25, 2019, 06:49:41 AM
One of the advantages in day trading is we can earn 5%-10% daily of our investment but being a day trader are not easy job because most of their time are monitoring the movements of the coin thay they are trading.
- Indeed, becoming a day trader is not an easy job when we need to spend a lot of time to select and analyze market fluctuations, analyze the factors that can change the trend of the market, we even need to calculate the time to cut losses and time to buy or sell reasonable, too many tasks to complete and very pressure when we are a day trader. But exactly as you say, we can make more money than the holder, we are not dependent on any coin, we can make a profit anywhere with any market conditions, our capacity is proportional to the amount of money we can earn
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