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[reiden4]

Can you really make money from day trading? Or am I just going to burn my money from it? Anyone who does day trading for a living? Any suggestions.

 

[fellowbud]

well day trading is really worth it if you have large amount of cash to invest.because if you have anything less than that your day trade profit would be so low it wouldn't be worth it.

 

[Timetosome]

Yes you can make some profit ...
However require some study, and knowledge of the markets.
Being attentive to projects entry and reading news on credible sites also helps

 

[greenman]

ofcourse you can make money in day trading. all you need is thorough knowledge about the market and risk taking ability.

 

[Pinkpear]

well, i think people are making money by day trading. try talking to someone whose been doin day trading, you'll get better insight.

 

[cashonline]

If you have enough funds then go for day trading and earn with just a margin of ten cents and you can already make some profit, but if you have small capital to start with just invest and go for long. Day trading needs ample time to monitor your stocks. If you do it for a living without other sources of income then most likely you will fail, don't fall for what you heard from self proclaimed gurus that they trade for a living since most of them try to earn also from coaching students which way it helps them to get rid of the pressure in trading that even if they lose they have a back up plan which is their profit from their students. Besides they themselves can not predict what will happen in the market, it's a probability game that you should embrace and just learn on how to have an edge and the discipline to cut your losses.

 

[Steve1111]

Honestly, I wouldn't recommend it as a way to make a living unless you're a very skilled investor. There are people who make a fortune from day trading, but day to day shifts in the market are a lot more difficult to determine than longer term changes. However, if you know the market well, it could potentially be highly profitable.

If you do want to get into day trading, learn from someone who is a successful day trader. And get to know the markets as well as possible before you start, if you decide you want to get into it. Also, since day trading is so high risk, you should only do it with a safe portion of your investments. Then, you can potentially profit from it while at the same time not burning through your money if day trading isn't going well at a particular point in time.

 

[Netro]

For newbies, this isn't the best way to make money, but if you are an experienced trader - of course you will be able to raise your earnings on this.

 

[jparag777]

Can you really make money from day trading? Or am I just going to burn my money from it? Anyone who does day trading for a living? Any suggestions.

Well, people do make money through Day trading. However, Day trading requires a lot of your time and complete dedication in order to achieve success in earning consistently. For a person who is looking at Daytrading as an option to earn quick money, there can be a big risk of losing the investment due to the lack of knowledge in this field.

 

[charles richard]

Well i would say it is definitely worth trying but keeping really high hopes as it would make you rich , would not be a nice thing to do ,specially for beginners. One can make small profits from day trading , but it requires good knowledge about the markets. So , it must be done by those with some good expertise in this type of trading.

 

[Brain]

This is not a get rich scheme so don't raise your hopes so high but will you make profit,sure you will but still not as high as you have imagined. Just invest first and see how it goes. More importantly,sort help from people that knows it better.

 

[dorcasy]

Can you really make money from day trading? Or am I just going to burn my money from it? Anyone who does day trading for a living? Any suggestions.

Day trading is worth trying and it's best if you have enough capital,you make this choice depending on the trading platforms wether it's cryptocurrency or forex trading or stock trading, by preference I prefer day trading with cryptocurrency and short term trading with forex.

 

[Ivanr01]

If you have knowledge and you know how the market is going,you can try day trading. It is good for big amount of cash,where you can feel the profit.. 3% avg on $10 is $0.3, while 3% on $1000 is $30... You can feel the difference between small bet be and big bet , but risk is different also

 

[GoldenLady]

It would be best to first be a swing trader so as to understand market movements and how other external factors such as news, market cycles and others affect the prices.

It's certain though, a lot of people make money with day trading and also a lot of people lose money.

 

[dorcasy]

If you have enough funds then go for day trading and earn with just a margin of ten cents and you can already make some profit, but if you have small capital to start with just invest and go for long. Day trading needs ample time to monitor your stocks. If you do it for a living without other sources of income then most likely you will fail, don't fall for what you heard from self proclaimed gurus that they trade for a living since most of them try to earn also from coaching students which way it helps them to get rid of the pressure in trading that even if they lose they have a back up plan which is their profit from their students. Besides they themselves can not predict what will happen in the market, it's a probability game that you should embrace and just learn on how to have an edge and the discipline to cut your losses.

This is the only livid post that gave me what I want, people think is by having big capital before you can day trade successfully but it's more than that because sometimes the market can give false break out and when this happens emotions will definitely set in.

 

[Kingsleyy]

You can try that out when you have a better understanding of technical and fundamental analysis, because those are the necessary tools that is needed to trade any volatile market , you will also need a proper risk management..
if you don't have all this thing then trading the volatile market as a day will be a complete waste of time and resources, base online experience

 

[Wisdom01]

To be more sincere day trading is really risky ,it would really require a lot of risk to make a sucessful gain from trading on a daily ,also consistency is actually very important too and obviously needed when trading on a daily , because without been consistent it would be difficult to really earn more trading daily your analysis should be correct

 

[Wisdom01]

Day trading is really profitable though it is very risky and requires lots of funds and before one can be successful in day trading requires lots of risk and it will require lots of consistency and careful analysis before one can really make it in day trading.

Its really difficult most especially when the person have no consistent analysis ,the person would keep making loss, because on day trading you are taking the loss like that even if it doesn't make you more profit in that range ,day trading is really profitable most especially for investors that want daily gains from trading

 

[ashim kate]

Scalping is something that has really been profitable for a lot of people wear it involves trading the intraday time frame and opening and closing of trade between a very short period of time. This is something that requires a very large amount of knowledge because market is usually very volatile as you are not going to have a lot of time in order to confirm things before picking up trades.

 

[Skysaint]

Day trading is actually what I do and I can say it's very profitable and certainly a lucrative way one can earn money through cryptocurrency and sometimes I think it's better than long term investment just that day trading will require you to invest your time in it which is not necessary for making long term investments.