Post
Topic
Board Trading Discussion
Re: Is the day trading profitable ?
by
d3nz
on 03/11/2019, 23:46:47 UTC
Yes it is, if done correctly of course. Daytrading is a way of life and it's not the easiest job you know.
Did it for 2 months but didn't turned out as planned. I was using tools on sites like Blackfolio/newscrypto etc. Will probably get back to day trading when i stop working.
Day trading only suits for people who has a great patience and has a lot of time. In day trading you will get a little to big profit or sometimes nothing it depends on the coin you are invest with but yes it is profitable I have tried it before and I gain a little in my asset but that was before when I have no job to work for . You need  to pay attention in day trade  so that you will go with the flow of the market.

I highly agreed, doing a daytrade can cost you to stay at home but it will depends if you are into stock msrkrt, crypto or  forex. I would say doing a daytrade in crypto will depend the exchange since you know that every exchange has a different volume so you need to check who has the biggest since you will to make a transaction and execute position immediately.

But it has risk doing a daytrade because you may lose your money if you don't know on how the market flow and technically reading a chart.