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

Quote from: shawonngp on September 24, 2024, 05:28:46 PM

Quote from: $crypto$ on September 18, 2024, 05:15:50 PM

Quote from: GeorgeJohn on September 18, 2024, 08:58:39 AM

Day trading is like some who needed a instant profit, and what someone who ventures into day trading does is to make a quick profit and go out from the market, why long-term trading is determined by the future you in a particular coin you want to invest, most of the people that venture into day trading always have the vision of making small profits why people who invest for long-term kind of investment is expecting a large profits, this two trading methods you mentioned you most have objectives that's you to choose one, but newbie doesn't know why they chose a day trading or neither long-term trading

Someone thinks they want to get quick profits, even though it is small but if it is achieved consistently then it will also grow bigger, but people forget that it does not always work, because in trading there can be profits and losses. Indeed, quick profits will be more tempting, because profits can be enjoyed at the same time, but the problem is that it is not easy.

Consistency in getting profits is the key, but back to the beginning because it is not easy then it will make people frustrated. Some people ignore the risk, they focus too much on the profit which ultimately makes many people fail in trading.

To keep consistency in profits it's very difficult, i think it's impossible to even for an experienced trader, in the crypto trading risks is higher than profits, who peoples ignore the risk they will definitely lose all of their initial investment, and such mistakes come from beginners, they thinking there are no loss in trading.

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.

The bad thing about other people is that they've been expecting too much that they could easily be able to obtain such easy skill on the time or moment that they do make trades. Its true that each person would really be having their own ways on how they would really be gonna handling themselves on the moment or time that they do make out some trading. Some could really be able to handle or bare up with the risks but
there would really be those people who would really be liking to deal up with things on lesser risks, this is why they do came up with the ideal that they would really be rather holding their positions instead
rather than on making some active trading in the market on which we know that it is really that something more risky.