Is day trading legal or Illegal?

Day Trading isn't unlawful or untrustworthy. Be that as it may, day trading requires complex trading systems, and we just prescribe it to experts or prepared financial backers. While day trading is lawful, most retail financial backers don't have the opportunity, abundance, or information it takes to bring in cash day trading and support it.
 

Suba

Moderator
Staff member
Even though day trading is legal, it has become a frightening specter for beginners, because trading power requires excellent trading qualifications, and cannot be done while you are still working in the office, because day traders really need a lot of time to always improve their skills and knowledge. up to date. It is also necessary to have a calm and not rash attitude.
 

sincerem

VIP Contributor
I don't know of any religious doctrine, but for me as a Christian, I don't see trading as a crime. It depends on your approach and what you're trading. Their are things considered as illegal when it comes to trading digital assets, like, trade washing. Which means, using different accounts to buy and sell digital currencies for yourself, like, buying and selling back to yourself to make good profit. Using different payment methods that isn't your own is considered red flagged if you're a P2P trader as a digital asset vendor. Some users consider 'digital asset lending as illegal, staking is similar to digital asset lending, because it requires you given out portion of your digital assets to other users for funding purposes.

But for me, it isn't illegal here in my country and also religious wise, because you're doing it clean, and you aren't cheating the system, no fraudulent charges found by you. That's why we need a trustee exchange to our trading on, most exchanges are created by scammers, when you deposit your hard earned digital assets to their platform and use it for Investments like this, you lose it all, because what you're trading isn't genuine, it is run by scammers.
 
I don't know of any religious doctrine, but for me as a Christian, I don't see trading as a crime. It depends on your approach and what you're trading. Their are things considered as illegal when it comes to trading digital assets, like, trade washing. Which means, using different accounts to buy and sell digital currencies for yourself, like, buying and selling back to yourself to make good profit. Using different payment methods that isn't your own is considered red flagged if you're a P2P trader as a digital asset vendor. Some users consider 'digital asset lending as illegal, staking is similar to digital asset lending, because it requires you given out portion of your digital assets to other users for funding purposes.

But for me, it isn't illegal here in my country and also religious wise, because you're doing it clean, and you aren't cheating the system, no fraudulent charges found by you. That's why we need a trustee exchange to our trading on, most exchanges are created by scammers, when you deposit your hard earned digital assets to their platform and use it for Investments like this, you lose it all, because what you're trading isn't genuine, it is run by scammers.
But Some people things that it is illegal because of their belief. Some don't want to know about it and stay away from it. But Everything has two sides like a coin.
 

sincerem

VIP Contributor
But Some people things that it is illegal because of their belief. Some don't want to know about it and stay away from it. But Everything has two sides like a coin.
That's people for you, i can't tell you is illegal, especially when you're trading digital assets in accordance to the exchange rules and not violating them. I keep to each platforms rules, trade by reading guidelines to help myself excel and not get limited by the exchanger's system. Crypto trading isn't illegal here in my country, even if it's quite limited in terms of transaction processing due to what the government feels. Saying, it is devaluing the country's fiat currency, cos of bank's excessive involvement in buying and selling cryptocurrency using the primary currency of the country made the government to limited such kind of exchange between it's fiat currency and crypto currency.
 
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