My friend just quote this one. I think he is right
Day trading is like having sex.
''Get in and out as much and as fast as possible to get satisfied maximally.''
I think this exactly explains day trading. I am a day trader myself. I rather get in and out of the market 50-100 times a day and take small profits with smaller amounts of my balance than trying to chase a couple percent in 1 trade.
Well, I would say that that is a different analogy; a very unique one, I may add. But, I think, there is similarity to it. The trading market is such a risky one that the first chance or instance you get to earn something, you should go for it and not wait a second longer. Many people who have tried the trading market have regretted not jumping on that chance when it is wide open and visible. Just like the sex analogy stated, you should get in and out as fast as possible while reaching the maximum satisfaction. To explain, you should choose a coins to follow up through and once such coin gains traction, you, as a trader, should go for it to earn the best possible income you can get given the circumstances.