I recently focus on becoming a day trader but it looks like it's pretty hard in crypto and spot trading.
I don't know if there is someone can live as a day trader I tried for almost a week what I can say at first I lost and then while watching and keep practicing it seemed I learned how to the market move but I can't still make a huge profit I am making but still not good percentage unlike other day traders that you can see mostly on youtube. I just keep avoiding futures because I lose 20% instantly in a single trade not good if you don't have much practice in too volatile market.
What do you think is there a day trader who can make a good profit daily?
I also intend to spend more time becoming an intra-day trader: opening and closing orders within a day to get a good night's sleep instead of worrying about the investment even though I have placed a stop-loss order. Many intra-day traders are very successful thanks to their discipline, they manage their capital and psychology extremely well. During a bull run in the crypto market, their profits are not as large as those of long-term holders because the price of tokens can increase while they are sleeping and the market is open 24/7, but it is also very good and balance grows steadily over time. I think becoming an intra-day trader is a professional goal!
Some of the difficulties that I am also facing when trying to use a demo account to trade intra-day is that most indicators are only effective for the weekly timeframe, this is just my personal feeling, many other intra-day traders are still using them very effectively. At the same time, I also have to get used to the possibility of missing out on opportunities in the market in exchange for the safety of my investment capital, the feeling of regret can lead me to make unwise decisions the next day and lose money. Fortunately, everything is still only happening on the demo account, not affecting my DCA account.