Is there someone successful on day trading with crypto?

[SamReomo]

Always learning and seeking experience and knowledge about trading is the best way to become a professional trader, this requires a process, especially for newbies, they have to learn a lot from mistakes so they don't repeat similar mistakes in the future.

Most advanced traders have already learned a lot from their past mistakes and that's why those professional traders may not need to expand their knowledge any more when it comes to trading.

However, newbie traders and those who aren't at advance level should learn new things about trading each day to get better as traders. Newbies should learn from their own mistakes rather than copying advanced traders in order to be good at trading because without fixing their mistakes they can't be good traders.

[JISAN]

Always learning and seeking experience and knowledge about trading is the best way to become a professional trader, this requires a process, especially for newbies, they have to learn a lot from mistakes so they don't repeat similar mistakes in the future.

Most advanced traders have already learned a lot from their past mistakes and that's why those professional traders may not need to expand their knowledge any more when it comes to trading.

However, newbie traders and those who aren't at advance level should learn new things about trading each day to get better as traders. Newbies should learn from their own mistakes rather than copying advanced traders in order to be good at trading because without fixing their mistakes they can't be good traders.

yup that is right every successful person has the huge fail and Struggle histry .The more mistakes he makes and the more he loses, the more he can learn. And the more one learns something new, the more expert one becomes. We all know that trading is very risky and the number of successful persons here is very less. And those who are successful don't lack money, it's very easy for them to own billions of dollars in a very short period of time. But those who jump into trading without having good knowledge about trading and market they lose a lot of money and then they start calling trading is bad thing. because their experience was very bad.

[ajiz138]

For beginners, they must be patient in going through the process they will go through, because it will be a long process and don't forget that they must always learn to make their knowledge wider.

Learning from previous mistakes will also really help them to be able to trade better. Don't let them be lazy to find out what mistakes made them lose, because if they do that they will never get better.

Always learning and seeking experience and knowledge about trading is the best way to become a professional trader, this requires a process, especially for newbies, they have to learn a lot from mistakes so they don't repeat similar mistakes in the future.

But sometimes many of them are lazy to learn and they also want an instant process, and when they experience a loss they will say something rash. Even though it is their own fault who do not want to find out in depth what trading is.

This is a basic problem that still occurs among beginners. They think that trading is easy, but it is not. In the end, some of them leave behind something they have only just learned about, and there are also those who want to learn to make themselves better.

[Jamal Aezaz]

But sometimes many of them are lazy to learn and they also want an instant process, and when they experience a loss they will say something rash. Even though it is their own fault who do not want to find out in depth what trading is.

This is a basic problem that still occurs among beginners. They think that trading is easy, but it is not. In the end, some of them leave behind something they have only just learned about, and there are also those who want to learn to make themselves better.

One should be active in the learning process and if they are not giving any time for gaining knowledge then they have no right to say something bad about trading after facing loss. Trading is an instant money making process for only those who have a power of knowledge while the remaining traders who do not know about trading and have no time to learn can only lose instantly but cannot earn instantly.

Beginners have lack of knowledge therefore they make mistakes when they enter into the trading and other thing is that if they have no knowledge so they also don't know that emotions should be hidden while making decisions therefore they want to chase loss but due to lack of knowledge and increasing anger does not allow them to earn money.

[dekafee79]

For beginners, they must be patient in going through the process they will go through, because it will be a long process and don't forget that they must always learn to make their knowledge wider.

Learning from previous mistakes will also really help them to be able to trade better. Don't let them be lazy to find out what mistakes made them lose, because if they do that they will never get better.

Always learning and seeking experience and knowledge about trading is the best way to become a professional trader, this requires a process, especially for newbies, they have to learn a lot from mistakes so they don't repeat similar mistakes in the future.

But sometimes many of them are lazy to learn and they also want an instant process, and when they experience a loss they will say something rash. Even though it is their own fault who do not want to find out in depth what trading is.

This is a basic problem that still occurs among beginners. They think that trading is easy, but it is not. In the end, some of them leave behind something they have only just learned about, and there are also those who want to learn to make themselves better.

Newbies always thinks trading is something that is easy and instance, they can get a profit easily, it is not that easy and they suffer losses. Traders need a process and must have experience and understanding there, for those who have a lot of time to learn they will become a professional trader.

[pieppiep]

Newbies always thinks trading is something that is easy and instance, they can get a profit easily, it is not that easy and they suffer losses. Traders need a process and must have experience and understanding there, for those who have a lot of time to learn they will become a professional trader.

It's true, there are many cases where novice traders experience huge losses. That's because they don't want to learn first how to trade properly and correctly. Lack of understanding of the method of buying coins with the capital we use on the exchange is also an important factor in determining profits. or failures that we experience when trading. Don't be embarrassed or afraid to learn something new, especially when we use the money we have.

[SmartGold01]

If you really want to engage in day trading then you have to increase your capital most times it's good to have enough equity to trade with when there's much changes you receives your profits from drop or market increase. For day trading night could be more better because I noticed that much increase always happens at night than the day time most times day period always declines.

[Gurujebs]

Newbies always thinks trading is something that is easy and instance, they can get a profit easily, it is not that easy and they suffer losses. Traders need a process and must have experience and understanding there, for those who have a lot of time to learn they will become a professional trader.

I dont blame newbies with such kind of mentality because majority of them do come through the back door and enjoy crypto for a season before they later see the real reality of crypto. Many of them don't buy coins or don't trade until they hear in the news or from there friend that crypto is pumping and they used this privilege to enter the market.

They don't learn in bull run because the market looks too simple to make money, they make hard money in beer market, the real ones will stay and the weak ones never comes back especially the ones that bought at the top and exit the market with loss.

[pieppiep]

If you really want to engage in day trading then you have to increase your capital most times it's good to have enough equity to trade with when there's much changes you receives your profits from drop or market increase. For day trading night could be more better because I noticed that much increase always happens at night than the day time most times day period always declines.

Trading sometimes depends on the time used to find out when price increases often occur, because we know that each country has different times. If you say you need time at night to get the opportunity to sell assets at high prices, many people buy at night. This is because in other countries it is morning when the whales have woken up from their sleep.

[dekafee79]

Newbies always thinks trading is something that is easy and instance, they can get a profit easily, it is not that easy and they suffer losses. Traders need a process and must have experience and understanding there, for those who have a lot of time to learn they will become a professional trader.

I dont blame newbies with such kind of mentality because majority of them do come through the back door and enjoy crypto for a season before they later see the real reality of crypto. Many of them don't buy coins or don't trade until they hear in the news or from there friend that crypto is pumping and they used this privilege to enter the market.

They don't learn in bull run because the market looks too simple to make money, they make hard money in beer market, the real ones will stay and the weak ones never comes back especially the ones that bought at the top and exit the market with loss.

Yes, that's how newbies are, they only hear news from friends about profits. They don't study the character of the crypto market during bearish and bullish times, at least they follow crypto developments during a 4-year cycle, they will understand about crypto even if it's only one cycle. For those who have been investing in crypto for a long time and have more experience, they definitely have many considerations both as traders and as holders.

[bayu7adi]

Yes, that's how newbies are, they only hear news from friends about profits. They don't study the character of the crypto market during bearish and bullish times, at least they follow crypto developments during a 4-year cycle, they will understand about crypto even if it's only one cycle. For those who have been investing in crypto for a long time and have more experience, they definitely have many considerations both as traders and as holders.

4 years is the estimated time for the halving... and that template seems to be starting to not apply because we see a slight difference between the chart for the current period and the previous halving period... the point is that Bitcoin is not as easy as analyzing prices based on the halving moment alone... many media will be more influence and make the direction of Bitcoin price movements go in an unexpected direction.

People who are successful in trading are usually those who have been able to survive until now and remain consistent and highly disciplined. Meanwhile, people who are new usually experience failure because they are too influenced by emotions that are not stable enough. Easily influenced by FUD and FOMO is the reason some newbies fail in daily trading.

[KryptoBull]

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 have observed that many inday traders are more successful than holders in the crypto market.

Unlike holders who continuously hold tokens for years due to their belief in the bright future of the asset, inday traders often focus on capital management skills. They always close orders at the end of the day to have a good night's sleep and maintain a positive and clear mental state. They may not achieve 1000% profit, but they always protect their capital to continue investing and learning from the market. I personally do not even consider holding to be a profession, while trading is a recognized profession in digital markets such as stocks and crypto.

[SmartGold01]

If you really want to engage in day trading then you have to increase your capital most times it's good to have enough equity to trade with when there's much changes you receives your profits from drop or market increase. For day trading night could be more better because I noticed that much increase always happens at night than the day time most times day period always declines.

Trading sometimes depends on the time used to find out when price increases often occur, because we know that each country has different times. If you say you need time at night to get the opportunity to sell assets at high prices, many people buy at night. This is because in other countries it is morning when the whales have woken up from their sleep.

You are right most times it could be very difficult to tell and factor out price manipulation since various whales from different entities are also trading it could be very hard since most times when w1 is trading with different time zone at day time, while w2 is sleeping immediate after w1 closes, w2 could woke up to start their own price manipulations. The important could be one should be at alert to know when to enter the market being night or day time.

[Roseline492]

If you really want to engage in day trading then you have to increase your capital most times it's good to have enough equity to trade with when there's much changes you receives your profits from drop or market increase. For day trading night could be more better because I noticed that much increase always happens at night than the day time most times day period always declines.

Of course that's the thing about day trading because the best way to make a good profit if the market is on there favour is by using a large equity because on day trading the market fluctuations are mostly low compare to how it will move on weekly interval, so the traders will need uto se a large capital so that the little fluctuation that would occurs will be able to yield a good profits for them.

Funny enough in as much as day trading is very difficult but there are people who has build a career on day trading and they are making a lot of good profits on daily basis but sometimes the reason why majority of people failed is because they refuse to follow the due process by learning all that needs to be leaned before embarking on the trading journey.

[Aanuoluwatofunmi]

Being successful on trade is not about the particular trade we are into, but how we are able to understand doing the necessary things and going for the right one we know or understand best, trading has types and categories as well as how we can also interpret for anyone of them, this also tells more about how we are able to understand making trades with he type we go for in other to achieve a satisfied experience on it.