Quote from: Slow death on October 08, 2024, 07:57:28 PM

Quote from: EarnOnVictor on October 08, 2024, 07:20:49 AM

You talk like a hopeless trader, you shouldn't be, you just need to sharpen up your training and you will be fine. As hard as you see trading, some people see it as easy, do you know why? It's because the level of your training and experience are not the same, success is possible in trading. If it were to be a beginner, yes, it will not be easy, they should be ready to blow their accounts many times. And if I am asked how many times I ruined my trading account, if I would not tell lies, it is certainly more than 300 times. Yes, you heard me correctly. It wasn't easy then but I was a determined person as well and it's now better for me to the point that I don't blow my account again so far I adhere to the right money and risk management.

Most people are not realistic when it comes to day trading. They cannot admit that making money with day trading is almost the same as talking about an impossible mission, especially in the cryptocurrency market. A person can spend many hours looking at the chart to find a buying opportunity and after buying the price drops and this person is left with a loss because he sells and at the end of the month this person accumulates a lot of losses, while the person who makes long-term investments ends up making a lot of profit. In my opinion, it is not worth doing day trading. I always advise people to focus on making long-term investments and never do day trading.

I disagree with you, you may not know how to day-trade, others do, reading what you said now will eassily scare the newbies and the faint-in-heart traders who are struggling with it. They only need to learn it until they achieve the knowhow, people don't know it, they are only gambling. I day-trade and trade long-term, the two are good, but even with the long-term trading, you can be in so much mess if you are not careful., the lack of account protection messes people up. The only thing that discourages me about the day trading is the more time and energy that could be required, once you can sacrifce that, it is profit-massing.