Post
Topic
Board Trading Discussion
Re: Day trading
by
rozak
on 29/10/2022, 12:42:25 UTC
I got 20 years in stocks trading and 5 years in Crypto, trust me that you don't want to do day trading you will end up losing all your money
Day trading will not make us lose money as long as we can play the right strategy. In my opinion, what makes us lose money in daily trading is because we are too pushy.
We have to speculate according to the circumstances. But in day trading it is very close to loss because the market is very volatile.
When the ability to speculate is below average, it is better to avoid day trading.
Every day trade should have a good plan. and they have to stick to that plan. compulsion or greed will not produce what we expect.
Some day traders lose money because they force too much market momentum. they always expect bigger profits. but they won't get it. most do not succeed because they do not stick to the original plan that has been made.