Strategies to Success for Day Trading

[SkyRocket]

The approach can be anything.
The main thing is that you understood it well.

is that just like that? Trading is not only about buying and selling, people who are actually trading have a strong analysis and also need a lot of information from various things. those who work with trading as we work in the real world, we must always understand the slightest thing with our work.

[ice18]

I thought this is a discussion about strategies from trading but at the bottom is a site endorse by OP btw this is very important thing to consider before trading choosing the correct strategy makes your trades more profitable than others. 

[sky20]

The Crypto currency market is quite well. At this moment Day trading will be more effective than long term. I just holding some coins and waif for some times that means if buy it morning then i sell it late night or next day.

[Bolopecah]

The Crypto currency market is quite well. At this moment Day trading will be more effective than long term. I just holding some coins and waif for some times that means if buy it morning then i sell it late night or next day.

Yes day trading is good. Traders get profit daily from it. Any traders can familiar with some unknown coins. I like day trading and long terms trading both.

[Traderbtcc]

Well I think day trade isn't for new traders because it desires much skills knowledge, time and experience to be successful and not just that, you know new traders find it difficult to control their emotions when trading and this makes them not to take actions at the right time, so I think new trader's should go for long term and keep learning more about trading when there got good knowledge and skills there can now  go in to day trade to avoid loss.

[Maynul96]

Thank you so much for sharing a very helpful topic about Day trading with Us. As my my opinion Long time investment is best option for More profit,  but need more patient for long time investment. So many trader choice day trading or Short time trading for making money. And i think your post will more helpful for Trading.                     

[ayatoslaw]

Thank you so much for sharing a very helpful topic about Day trading with Us. As my my opinion Long time investment is best option for More profit,  but need more patient for long time investment. So many trader choice day trading or Short time trading for making money. And i think your post will more helpful for Trading.                   

Yes, long-term investing takes patience, but I think it's worth it, because you just need to be patient without doing anything and watch the price of the coin you hold increases 10 times.
Instead of you doing day trading and don't understand how to do technical analysis, it's not the profit you will get but the loss, that's why I always give advice to play it safe but give maximum profit.

[hobo66]

Day trading takes more technical analysis and understanding the market, investing is safer. For nkn technical trader my opinion to choose stable coins, buy, and wait. Day traders generally have more experience in the market.

[Condorlaib]

Day trading takes more technical analysis and understanding the market, investing is safer. For nkn technical trader my opinion to choose stable coins, buy, and wait. Day traders generally have more experience in the market.

Of course, reading the chart is the foundation for a trader. But for every beginner who wants to learn how to trade, everyone offers a scalping strategy, which involves simply making a profit from the difference in price throughout the day. Of course, this takes a lot of time, but you can still handle it.

[emmybd]

The easiest day trading strategy is to buy the dip. You can use this strategy multiple times over the course of a day. It can be very profitable if you can take advantage of small price moves. It can be very dangerous for beginners who have just got into trading without proper knowledge and experience about this strategy. And it would help if you had a decent investment to execute it properly.
Many professionals and expert traders have been using this strategy and gaining a lot of profits. So, if you want to be successful, you have to spend a lot of time learning and gaining knowledge about it.

[ayatoslaw]

The easiest day trading strategy is to buy the dip. You can use this strategy multiple times over the course of a day. It can be very profitable if you can take advantage of small price moves. It can be very dangerous for beginners who have just got into trading without proper knowledge and experience about this strategy. And it would help if you had a decent investment to execute it properly.

Day trading is not recommended for beginners, because day trading requires an understanding of risk management and good emotional management.
And the strategy of buying cheap and then selling expensive is easy to say, but very difficult to do if you don't know how to read market trends at that time, because if you make the wrong decision you will lose,

[Beattysuhita]

Day trading is not recommended for beginners, because day trading requires an understanding of risk management and good emotional management.

Beginners can trade daily, the condition is that the coins purchased must be good coins.  At least it is Bitcoin or Ethereum, the latter should always keep an eye on price changes in the market.  It is difficult, but I think beginner traders can do just that.

[ayatoslaw]

Beginners can trade daily, the condition is that the coins purchased must be good coins.  At least it is Bitcoin or Ethereum, the latter should always keep an eye on price changes in the market.  It is difficult, but I think beginner traders can do just that.

Yes, it can be done, but are you sure the percentage of success is large? I'm not sure, because if novice traders use the strategy as you say, I'm sure they will often lose, because they will always be confused and panicked when making decisions. Crypto prices are very volatile, so every possibility should be well anticipated before buying

[sidik7]

maybe each trader has their own tricks and tips in trading to achieve the maximum profit target , if i personally sometimes trader on coins that are dropping deep enough thats a good opportunity for us to buy but before buying we also pay attention to whether the coins proggress or not .

[Gurujebs]

My approach towards trading may differs from you in the sense that profits and loss will also has some differences.
Trading especially daily one requires very patience, time and how to exit stop loss in profit and loss.
Also, one shouldn't be greedy otherwise, you will end loosing profits and if care isn't taken, you will loose all. Believe me I have been there and it was a regrets.