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Opinions on day trading vs Swing trading

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I think the daily trading is the best because it's less dangerous than the long term trading ! and we can also make good profits from daily trading ! if we make more than 2% profits that's mean we are really doing well !

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We can criticise the crypto traders who do day trading or who do swing trading because each investors and traders of has their own opinions regarding investment plan's and trading so. Day and swing trading both gaves us profit if we have trade skills. I like to do more day trading. 

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On 5/30/2020 at 5:03 AM, jamesvince said:

We can criticise the crypto traders who do day trading or who do swing trading

Why criticizing them, they use their money to trade. 

On 5/30/2020 at 5:03 AM, jamesvince said:

 

 

On 5/30/2020 at 5:03 AM, jamesvince said:

Day and swing trading both gaves us profit if we have trade skills. I like to do more day trading. 

Day trading is more risky and not a day profit, I am a day trader and I know it is not easily to earn with day trading. Swing trading is better and can require more amount of money, it is less risky 

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Trading is not always profitable and nothing super can make you rich quickly
Trading is an art and work that needs a lot of trading and a lot of accounts and hard and professional work in order to be able to earn reasonable amounts compared to the capital

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Swinging trading depends only on the price differences between two currencies. Daily trading is more complicated and its profits may be very low. If there are no fluctuations in currency rates, monthly trading may be better than daily.


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I believe you and i agree with you, i also trade everyday and i earn good profit from my tradings. I don't know why some people keep saying day trading is not good while we earn good profit with it.

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Time is the ultimate weapon!

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I think both types of trading has their own advantages so both are best. It's up to you in which type you feels more comfortable. Day trading is requires constant monitoring of the crypto market so you don't have enough time to take your decisions, if you missed an opportunity then you will not get it back in day trading where in swing trading you have enough time to take decisions  wisely as per the movement of market.

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I do most of the time daily trading despite the risks that surround it, but I mastered this trading very well and I analyze the market permanently and continuously so I do not miss any opportunity

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Day trading can be profitable but one needs to choose the right pair and have some proper technical price analysis for that pair in order to have successful trades otherwise it can also be risk of losing and it's not encouraged to beginners.

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3 hours ago, Shahrukh hassan Sourov said:

I recommend choosing only the top bestcoins. It sounds bad but it can be an opportunity for us.

Sound bad? no, strong coins do have troops trading volumes exchanges and easy to trade. The stronger the coin the easy the trade will be fulfilled. But, also, some coins of low value can be more profitable but also the risks is high. 

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Why does the majority prefer long-term trading because it shows some possibilities, meaning that the price of the currency will not fluctuate from day to night, but after days. Except in the event of an emergency, a crisis or a catastrophe. Long-term trading is less dangerous to short-term trading I recommend that you do not trade in the short term if you do not have capital to compensate you for potential losses


Учитесь, учитесь и учитесь на своих ошибках :classic_smile:

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On 11/10/2019 at 1:52 PM, soupster said:

Hello everyone! So this is my first post here and i wanted to give some of my insight on Swing trading vs daytrading.

Alot of people say that daytrading is risky and seing trades is where the real profit is but thats not true. i have been experimenting on daytrades for the past few month and i gotta say my daytrades were far more successful than my swing trades. If you have adequate knowledge and info on the volume, history of the coin and a bit of TA any one can be succefull.

What are your guys experince with day trading vs swing trading? let me know please

Yes, that's right, I think day trading is more profitable than other types of trading, day trading provides profit every day, as long as it's done when the market is bullish, about swing trading I've never tried it. Basically swing trading and day trading are almost the same, but I prefer day trading.

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i agree with you freind, i'm follow some coins who have big volume in trading and i drawing for each one suppport and resistor points then i buy from the support point and make my sell price with 2 or 3% of earning

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as someone who has been a day trader since early 2017 I can tell you thats its better than swing trading in a bear market. but when we are in bull market its better to swing rather than day trade or you will miss out on your gains.

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I am also day trader and i also think that day traders are more successful then short term traders. You buy at any place and sell when some points go up and get your profit. 

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I am an active day trader but in order to make profits from this sort of trading, price volatility plays an important role. I also make profits from swing trading but day trading on the reputed platform is my first priority. 


 

 

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The difference is in patience first,
I do not have a particular preference, but I do analysis on most periods and when I see an opportunity I enter,
Many people cannot wait for more than a day or two to close deals.
Sometimes I don't close the deal in a month, and the goals are too far away.

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On 5/29/2020 at 4:51 PM, Magnom said:

Daily trading is the best strategy to earn good profits in my opinion! Making little profits daily without loosing is better than making risky deals! Trading isn't easy as it sounds and you may lose a huge amount of your capital in a while!

I believe you do not trade at all, if you have traded before, you will know how day trading is very risky. Swing traders are patient and are the ones gaining the money day traders use to trade. That is why swing traders are the ones that are being getting successful if compared to day traders. Most people that lose to trading are day traders. 

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6 hours ago, FAYSAL_EL said:

I agree with you;  Because day trading you will study the deal before entering it in order to win, unlike the swing in trading, he wastes his money because he does not think of a strategy but rather acts brutally.

 

I think about the following: day trade for cryptocurrencies is something very risky mainly because the cryptocurrency market is a manipulated market, if a person does technical and fundamental analysis and then decides to buy altcoin, he may be disappointed to know that the creator of altcoin did some twitter and altcoin fell a lot leaving the day trade with losses

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Day trading is better for my side because it is simple and i can do it anytime though it has small profit compared to swing trading. It is better for me to earn small profit but with less risk.

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My tradingbwas never successful  and I don't  know what is swing trading can you please  inform about it a bit and how your day trades are successful  ? How much it took you to reach at tha level ?

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I have not yet tried swing trading but I have a little bit of experience in day trading in Yobit. Most of my day trades in Yobit have been quite successful. I even started a topic about it and shared my experience in it. My day trade starts and ends when I see big changes of direction on the charts. These points are usually good buying and selling positions because after red (downward) usually comes green (upward) and vice versa. I'm speaking about very noticeable (big and long) signs not small ones.

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Day trading is trading in a short period of time, usually on one day or every week. Almost the same as swing trading, it also makes short-term trades. This type of trade can be done when the market is bullish.

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You have to a good analyzer and have a good knowledge of charts to be able to read the market and predict the price, I think day trading is more like a luck game, winning and losing possibilities are equal.

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"We grow by lifting others"

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In my opinion day trading is more profitable then swing trading actually you get every possibility on day trading but in swing trading you need to wait for some time to the price go up and up But it this situation the price might go down and you lose the chance of getting some profits .

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