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Topic: What Does Day Trading Means? - page 3. (Read 913 times)

full member
Activity: 378
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When Football meets Crypto
June 29, 2018, 10:54:49 PM
Getting a little bit confuse here. What Does it means by day trading and are any advantages and disadvantages in day trading. Thanks

Day trading means you are focusing on looking at the market and wait for the price to dump or increase before investing in order to earn more profit depending on the situation in the market.
sr. member
Activity: 644
Merit: 261
June 29, 2018, 09:53:45 PM
By the word itself day trades,  obviously you earn by trading daily or short term even if you get a little amount by it, you can still earn a decent amount if you stake a huge amount of money to buy coins and used it for day trading but it is also the riskiest thing you might do. Day trading became possible due to the high volatility of cryptocurrencies.

Day trading is a term use in trading markets wherein you would be opening and closing a position within a day but since cryptocurrency is a 24/7 market, there is no specific time as to when a market opens and closes so it is up to your time then how would you time yourself in day trading. Some people like day trading because they can scalp some trades and immediately have some profits but the opposite may happen as well like you can quickly incur some losses especially if you are just new to the market and do not have money management.

With a volatile and unpredictable market like today, I think day trading is the best and safest option at the moment. You can see that bitcoin prices are constantly adjusting and causing altcoin to adjust, as the market is in a downtrend in the long-term downtrend so you should trade short-term so that you can preserve interest. when the price of bitcoin suddenly drops.

Holding a coin in a bear market is an eye soar especially when the coin is going down every day that's why some prefer day trading and taking profits from time to time or loss if the market is not in their favor but at least they are preserving their capital. Holding is a good option when you are in a bull market but in bear a market, I think day trading is better but it is more risky too.
jr. member
Activity: 280
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June 29, 2018, 09:17:54 PM

That means the daytrader might mean that all the prices of altcoins are good to buy at its cost to be bought but I think when the price of altcoins increases, many people also buy and sell.
full member
Activity: 448
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★Bitvest.io★ Play Plinko or Invest!
June 29, 2018, 09:01:18 PM
By the word itself day trades,  obviously you earn by trading daily or short term even if you get a little amount by it, you can still earn a decent amount if you stake a huge amount of money to buy coins and used it for day trading but it is also the riskiest thing you might do. Day trading became possible due to the high volatility of cryptocurrencies.
member
Activity: 392
Merit: 10
June 29, 2018, 06:05:35 PM
Getting a little bit confuse here. What Does it means by day trading and are any advantages and disadvantages in day trading. Thanks
With a volatile and unpredictable market like today, I think day trading is the best and safest option at the moment. You can see that bitcoin prices are constantly adjusting and causing altcoin to adjust, as the market is in a downtrend in the long-term downtrend so you should trade short-term so that you can preserve interest. when the price of bitcoin suddenly drops.
full member
Activity: 434
Merit: 105
June 29, 2018, 05:59:18 PM
Getting a little bit confuse here. What Does it means by day trading and are any advantages and disadvantages in day trading. Thanks

As far as I know day trading is a process in which a lot of users as well as those investors who will be part during day time. It means a lot of advantages since there are a lot of many users having different bidding value which you can choose either selling or buying that can be depends on you own perspective of the value you like to choose.

In short, It was a short term period which we choose different altcoins that might we think we could earn quick profits by quick selling on It. We just keep our eyes In the monitor In order to update every movement of the market and the right timing of selling.
member
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June 29, 2018, 05:48:59 PM
it means that you are trading on a daily basis and for little profits per trade, that ist he way to make a perfect day trade
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June 29, 2018, 05:08:35 PM
daily trading in my opinion it is a trading where you have a target not to sell and buy with a distance that is too much important you can benefit from what you buy is enough.

Yeah but you're not always in the position to buy and wait for prices to go up, sometimes you gotta cut some lose because they're just going down more and more. Day trading is much easier when market is growing.
Trading a day is not a simple game and new people need a lot of knowledge and experience to be able to succeed. The market is showing signs of recovery and this is a very good time to start trading today because there are lots of coins to grow well in this period.
member
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June 29, 2018, 04:24:44 PM
if means that you are buying and selling different pairs and a few of them in a daily basis to make a little profit per day, a few bucks
full member
Activity: 368
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June 29, 2018, 01:53:29 PM
Day Trading means buy and sell on that day. Holding here does not wait until prices rise. Trading every day and selling a little profit even though. Day trading depends on estimation of the market. As a result, you can get gainer or looser it in 24 hours.
newbie
Activity: 42
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June 29, 2018, 01:23:43 PM
Day trading is they act of gaining or losing in some minutes or hours,day trading goes with strategy, which by they end of they day you take  your profit or loss,it is done with a good strategy
newbie
Activity: 144
Merit: 0
June 17, 2018, 04:07:37 PM
daily trading in my opinion it is a trading where you have a target not to sell and buy with a distance that is too much important you can benefit from what you buy is enough.

Yeah but you're not always in the position to buy and wait for prices to go up, sometimes you gotta cut some lose because they're just going down more and more. Day trading is much easier when market is growing.
sr. member
Activity: 659
Merit: 250
June 17, 2018, 08:14:22 AM
daily trading in my opinion it is a trading where you have a target not to sell and buy with a distance that is too much important you can benefit from what you buy is enough.
Trading is aboit making profit and trading means buying low and selling when it is already high price. Day trading involves 24hr duration time or days for you to trade and make profit in short and easy way it is done by everyday trading that will require a best understanding and skills to make daily earnings.
member
Activity: 576
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June 17, 2018, 07:53:56 AM
daily trading in my opinion it is a trading where you have a target not to sell and buy with a distance that is too much important you can benefit from what you buy is enough.
newbie
Activity: 294
Merit: 0
June 17, 2018, 07:20:38 AM
Day trading is when you enter and exit a trade all within a day. The benefits are quick profits and the risks are fees incurred and potential loss.
jr. member
Activity: 127
Merit: 1
June 17, 2018, 07:17:31 AM
I think by utilizing the existing coin price movement, although your profit is a little at least you can make a profit so that daily trading in my opinion is trading every day using very much capital that you can use to trade every day
hero member
Activity: 952
Merit: 503
June 13, 2018, 02:05:11 AM
Day trading is taking a small move and be done with it by the end of the day. Aka not getting married to a position. Purely in it for the profit.
This is hilarious. Like getting married, this is funny. But brother sometimes you see day trading as profitable method to earn some sharp profit at such short period of time. Mostly this isn’t the case. People complain about it and they often make wrong choice just in way to earn some quick money. So better is to make good research for the type of method and then go for it.
member
Activity: 308
Merit: 10
June 12, 2018, 06:28:46 PM
Now you know what it is, but you need to know that day trading is not easy for most of the people. I advise you first to get into the usual trading or long term trading as we call it, just to feel the whole thing. After you get some experience you could do this one too if you like it.
I believe that with a market that is so volatile and difficult to predict today's trade is the best choice at the moment, you can see that bitcoin prices are constantly fluctuating. The days pass and will be able to continue to fall deeper. Therefore, short-term trading will reduce the risk of bitcoin price volatility.
sr. member
Activity: 602
Merit: 250
June 12, 2018, 05:40:12 PM
Yes, all trade transactions there must be a profit or loss.
If to trade in the time of day, it may be too fast, because the development of market prices is getting slower as the number of altcoin is increasing.


Yeah day trading means buying and selling at once or trade on the daily basis, for this you need a lot of experience and a lot of knowledge. We cannot trade at day without having good type of information about market and along with money so if you have all this you can get quick profit, as day trading is some of quick way of generation money from bitcoin, it is best way to trade.
newbie
Activity: 141
Merit: 0
June 11, 2018, 11:58:57 PM
Getting a little bit confuse here. What Does it means by day trading and are any advantages and disadvantages in day trading. Thanks
Day trading is a special kind of trading that is done in order to get profit from differences in prices during a day. E.g. you know that the price of a certain crypto is usually higher at 8-10 a.m. and you sell your coins at that time, while it is lower at 9 p.m. and that's when you buy it and it can go on and on. Good technique to get small but almost guaranteed profit.
You have very nicely explained with examples that how day trading works and how people are making money with it. You need to keep an eye on the graphs all day long in order to figure out the time which is best for you to buy coins and then again the time when you are supposed to sell off coins in order to have some decent profit at least. It is good for those who have much time free in the whole day to do it.
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