Why is day trading so damn hard?
Because you are competing with billions of bots and Chinese autists.
Because you tend to be too greedy or not greedy enough. It's a psychological thing.
because you enter trades without sufficient justification
when you enter a winning trade you close it early out of fear or keep it open too long out of greed
when you enter a losing trade you close it early out of fear or keep it open too long out of greed
it's hard to trade your own money
know my mercy user... youtube.com
you should probably just quit trading.
Don't give up.
I failed many years trading forex. I got to the point where I ate slept and shit in front of the computer. Got a parttime job and worked every weekend to pay the regular bills. I still took time to exercise though (a must do). Kept a log of my trades. Started to do better and over time became successful. Its cost me personal time at parties, games, etc but I wasn't that into those things anyway. I've never bought much crypto but I feel eventually it'll pick up again...may be years or days who knows.
Learn to examine your failures and look to get a parttime job, even if its flipping burgers because that'll help you get your mind in a better state. Must start working out if you don't....thats mandatory, even if its 20 minutes on a treadmill, you have to get out and see people, especially cute girls.
Don't give up.
Whats your track record op? I'm looking to get into this.
fpbp
It's much scarier when someone else's money is at stake