The advantage of day trader - page 6.

Nasty23

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Quote from: Matthewmorris4 on December 29, 2018, 06:07:27 PM

Quote from: @Mhaiang on October 12, 2018, 04:24:00 AM

As far as i know about day trading, it can give you profit that will be missed by just regular traders because basically, cryptocurrencies are volatile that it can rise and fall in just a couple of minutes.

even then if someone gains in the daily period, what if he intends to do it but the market conditions will decrease?
surely he must have the HOLD coin to the right "get a profit, this day trading is very high risk, we should think about profit

Yes, day trading is a very high risk but we can minimize this risk by doing proper research and study the movements of the market on which can enable us to minimize those risk and change it to earn a huge profit just by enhancing our own trading strategies that would help us to establish a good move in the market even it was a bull or bear market.

Finestream

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Quote from: Yamifoud on December 29, 2018, 06:44:24 PM

Quote from: mersal on December 29, 2018, 06:19:51 PM

They can even make 10% or more profits in a day if they know basic trading techniques which can't be earned in any other kind of job but the problem is it is much risky too since the prices can fall at any time so don't invest much money for day trading only do with 10% or less as capital from your total crypto investment.

The higher it risk, the more gains we have. If you have strong enough and have enough knowledge on trading, it is a place for you but if not, you better not to invest in crypto.
Many were go into day trading when the market is healthy but for now, day trading isn't that much effective and ain't gaining more. That's is why they'll just go into short or long term holding.

Right.Day trading is not much profitable unlike before.The market is continuously decreasing its price.You can still go with day trade but in the end,you might only gain a small amount of profit.That is why many traders today still settle for long-term holding and trade only when the market condition is already good.

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Quote from: mersal on December 29, 2018, 06:19:51 PM

They can even make 10% or more profits in a day if they know basic trading techniques which can't be earned in any other kind of job but the problem is it is much risky too since the prices can fall at any time so don't invest much money for day trading only do with 10% or less as capital from your total crypto investment.

The higher it risk, the more gains we have. If you have strong enough and have enough knowledge on trading, it is a place for you but if not, you better not to invest in crypto.
Many were go into day trading when the market is healthy but for now, day trading isn't that much effective and ain't gaining more. That's is why they'll just go into short or long term holding.

mersal

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They can even make 10% or more profits in a day if they know basic trading techniques which can't be earned in any other kind of job but the problem is it is much risky too since the prices can fall at any time so don't invest much money for day trading only do with 10% or less as capital from your total crypto investment.

Matthewmorris4

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Quote from: @Mhaiang on October 12, 2018, 04:24:00 AM

As far as i know about day trading, it can give you profit that will be missed by just regular traders because basically, cryptocurrencies are volatile that it can rise and fall in just a couple of minutes.

even then if someone gains in the daily period, what if he intends to do it but the market conditions will decrease?
surely he must have the HOLD coin to the right "get a profit, this day trading is very high risk, we should think about profit

StephenJH

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Quote from: Kiweikoo on December 05, 2018, 03:02:22 AM

Quote from: pempek19 on August 18, 2018, 01:38:53 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.

Those are the advantages, but what about the disadvantages in being a trader. And by the way how do you get the money to do trading when you don’t have other jobs that you’re into? It’s good to be self employed, but you will always start from somewhere before you become a self employed and an investor or trader. And sometimes these advantages don’t work, it’s not all the times you make profit.

It is up to trader to choose which timeframe he wanna to check,trade. Self employment stories are result of hard work,consistence,education. I personally try to apply my strategies in different timeframes,pairs for better view of image.

electron-coin

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Yes, the work of a trader certainly has many advantages. All of the above are great for describing them.
But don't forget about the negative aspects, such as:
- constant strong stress;
- problems with sleep;
- lack of time for other important aspects of life;
- health problems due to the increased level of stress, constant sitting position and a large load on the eyes.
And even if now you haven't yet encountered these problems, then you will soon encounter.
Of course, all these problems can be partially solved and their negative impact on you can be minimized.
I described them because I think that it is necessary to know not only the positive aspects of trading, but also the negative ones.

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Quote from: pempek19 on August 18, 2018, 01:38:53 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.

But behind all the fun of trading day there is a big risk too, to be honest I also like trading day but I always do it with careful thinking.

Kiweikoo

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Quote from: pempek19 on August 18, 2018, 01:38:53 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.

Those are the advantages, but what about the disadvantages in being a trader. And by the way how do you get the money to do trading when you don’t have other jobs that you’re into? It’s good to be self employed, but you will always start from somewhere before you become a self employed and an investor or trader. And sometimes these advantages don’t work, it’s not all the times you make profit.

glowing10

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Quote from: sumanto on October 31, 2018, 07:30:46 AM

the advantages of doing daily trading are very many, you can get a profit with a daily period and make sure you trade daily when the exchange conditions are crowded and the coin price movements are very fast then you will be easy to benefit when such moments.

Yes the advantage is that you can make daily money if you know how to do it and get booked your profits . Also no tension of holding so that even if market falls you out are fine. Even in the falling market you can make money and do not have to worry about it .

Jhonyguy

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becoming day trader is not that easy if we learn hoe to day trade then it as many advantages we could make money while enjoying our life

legenduim

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Quote from: shadyrifles on December 02, 2018, 12:51:58 PM

The day trading is most likely to work by researching the bullish market. It can be more dangerous than you are thinking about the current market situation. So, I suggest keeping out of day trading for a while!

Skilled and talented day traders make much money. Oh, yes, they work for many hours, they do not have the days off, but their earnings are great. However, these men usually quit main jobs to trade only.

shadyrifles

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The day trading is most likely to work by researching the bullish market. It can be more dangerous than you are thinking about the current market situation. So, I suggest keeping out of day trading for a while!

Arthurian60

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Day trading has a lot of advantages. When you are a day trader, you have accede to all your coins from time to time. You can monitor your coins at your own convenient time. When coins are delisted, you can be able to recover coin on time. There is great advantage of day trading.

yvesp110

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Quote from: Finestream on October 31, 2018, 11:25:31 AM

Quote from: Inikoo on October 31, 2018, 05:48:04 AM

I am not sure, it is that easy, you can make nice profits, but also loose a lot. Sure not having a boss is a good point Cheesy

But education is still very important, maybe not expensive, but without doubt, a lot of effort to become as good as to be able to constantly making money. And let's not forget about, that you need an initial investment, which many people does not have, so in that manner, an "expensive education" may be cheaper..

Right.Day trading has a lot of advantages but in order to enjoy all its advantages,you must first learn and experience more on trading so you will develop your own skills in trading.Day trading can give you a huge and continuous profit if you are using good strategies that will not make you lose much.

Anything we do happens with the information and knowledge, when you are not aware of something it is not good though, day trading is good but for those who are well experience and have fine skill of trading, it gives profit and it saves our extra time for earning and getting money, I am planning to start day trading because it secures our money, it has plenty of benefits but the only thing is one should know the proper use.

Kayum10029

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Day trading or short term investment is more secure or less risky than long term investment but short term investment is less profitable than long term investment.

777Jolami

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The advantages of day trading are that it can be flexible and limited to large volume discharge processes. It is not affected by the value from the FUDs streams at the same time. However, in terms of profitability. I think short-term investment will be effective in Q4 instead of continuing trading on a daily basis.

Finestream

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Quote from: Inikoo on October 31, 2018, 05:48:04 AM

I am not sure, it is that easy, you can make nice profits, but also loose a lot. Sure not having a boss is a good point Cheesy

But education is still very important, maybe not expensive, but without doubt, a lot of effort to become as good as to be able to constantly making money. And let's not forget about, that you need an initial investment, which many people does not have, so in that manner, an "expensive education" may be cheaper..

Right.Day trading has a lot of advantages but in order to enjoy all its advantages,you must first learn and experience more on trading so you will develop your own skills in trading.Day trading can give you a huge and continuous profit if you are using good strategies that will not make you lose much.

rez303

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StartFi

nervousness and sometimes anxiety will make us very susceptible to stress and stress. There are a lot of day traders who are very tired of their work and they have to manage their portfolio up to $ 50k per day. So they need to be highly focused and they are really tired. I do not think it's as good as you say.

sumanto

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the advantages of doing daily trading are very many, you can get a profit with a daily period and make sure you trade daily when the exchange conditions are crowded and the coin price movements are very fast then you will be easy to benefit when such moments.

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