Is there someone successful on day trading with crypto?

[ScamViruS]

Day trading is always risky, because even with good skills, any unexpected bad news can turn even a profitable trade into a loss. Since those who do day trading are dealing with large funds, there is a lot of stress in day trading. But there are some traders who are making regular profits from day trading and can apply their skills properly in their trades. I also used to day trade and at one time I thought I should quit day trading because I made a lot of losses day trading.

Day trading is risky and everyone should accept this fact but if someone don't learn to overcome their mistakes by thinking that trading is risky and loss is confirmed then they cannot get profit ever. Beside this risk there are lots of people who win their trade on daily basis and their losses are minimum.

 People can just want to earn through day trading but they don't like to learn for it as a result of which they never earn according to their wishes. Skills and knowledge is must for trading and person should also familiar with technical analysis and should be capable of getting details from price chart.

Even after knowing the risks of day trading, traders come to day trading because there is a temptation to make easy money. Just as there are successful day traders I know, there are also many loser traders who have made huge losses through day trading. Now traders have become more aggressive in the hope of quick profit they want to do risky trading like futures trading, which leads a trader to huge losses. Trading is not an easy task it is highly professional's game here many experienced traders also lose money.

[Baofeng]

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?

Yes, it's really very hard, I also did daily trading way back even before the pandemic, and it's like a see-saw for me. It's really unpredictable to make profits daily and even if you have a target almost 90% of the time I won't hit that profit margin.

So I just dump this whole idea and just focuses on more of a HODLer and doing DCA 2020 and moving forward. And it's not for everyone, I believed. Maybe I don't have the skills and the patience to remain in this game.

[BitMaxz]

Yes, it's really very hard, I also did daily trading way back even before the pandemic, and it's like a see-saw for me. It's really unpredictable to make profits daily and even if you have a target almost 90% of the time I won't hit that profit margin.

So I just dump this whole idea and just focuses on more of a HODLer and doing DCA 2020 and moving forward. And it's not for everyone, I believed. Maybe I don't have the skills and the patience to remain in this game.

Patience is the key you just need to wait for the opportunity before you entry and make sure to wait for double confirmation that you know if the price will go down or up. I'm not expert yet but I learn from my mistakes and I am trying to correct everything day trading only works on futures but not every day is always a win some days are lost but if you have proper risk management your loss should be less than the win.
Dca is always works if you know if the market is bullish but if not you would loss in the long run.

[vegasus]

What do you think is there a day trader who can make a good profit daily?

If you want to ask, is there any? So the answer must be there. because daily traders are still in business and the market is still very active with that. Whether it's daily trading on the spot market or future market. Of the many day traders, surely many of them also get profits, because that is why they have survived until now.

but if asked, did anyone lose? of course there are lots of them too. There is no guarantee that trading will always be profitable, no, there are also many losses.

But once again this will depend on how a day trader organizes himself in day trading activities, sets strategies, and carries out previous analysis. so at least you can really have a way to gain the profits regularly more than the losses.

[enwi]

Yes, it's really very hard, I also did daily trading way back even before the pandemic, and it's like a see-saw for me. It's really unpredictable to make profits daily and even if you have a target almost 90% of the time I won't hit that profit margin.

So I just dump this whole idea and just focuses on more of a HODLer and doing DCA 2020 and moving forward. And it's not for everyone, I believed. Maybe I don't have the skills and the patience to remain in this game.

No one can guarantee profits for coin price movements, it's not easy to predict, but what makes it easier for me is that I won't enter the market when the price is still high, I will enter the market and buy coins when there is bad news that makes the coin price go down and will sell it when the price goes up.

[emmybd]

For an experienced trader, scalping is a very good way to make some money. In futures trading scalping is a very way if you can control your greed. But it is not for beginner. It is very risky. Professional traders open many orders at the same time some for short-term and others for long duration.

[Jeffy112]

Either way of trading, we can all see that trading demands a commitment of patience which indeeds inquire when we are to start trading and when we are to stop. Doing the DCA is a patient options and Scalping is for tough hustlers, HODlers are just people who are savers.