Quote from: Japinat on March 02, 2025, 01:25:42 PM

Quote from: Bushdark on March 01, 2025, 08:21:39 PM

There are still people that are making money from day trading and we should just think that because some may be making losses from dat trading, then it's not a good way to trade and make money. Every traders does not have the same portfolio that can sustain one to hold trade for a very long time that's why it's good for us to trade based on what we hold and our understanding about the market. We still have scalpers that do trade under 5 minutes timeframe which are in the market to cash some profits within few minutes.
Everyone need to trade based on their knowledge and what they can sustain because not every traders have huge portfolio to sustain a long trade.

They are exceptional, and they are just a few. So we don't get surprised if we lose from day trading because not all are meant for that position.

Perhaps it is very important to position ourselves into something that we are capable of. If day trading does not suit us, we can choose spot trading or just be plain investors. Besides, all of these things are ways to earn money. Why choose day trading if we know we can't make money from it? Otherwise, that is stupidity.

I believe that everyone has different abilities in the same job. So this also applies in the crypto world, especially trading. Some are better at day trading, some are better at spot trading and so on. So we just need to find where our abilities are more prominent and we can find it by learning all the time. Don't push yourself too hard to do something that we don't really master. I mean maybe we can understand everything, but don't rush and it's better to learn first than to force yourself because it's riskier and can make us lose money faster.