Title: trading is good for traders with passive mindset Post by: MrcMrc on July 01, 2022, 09:38:14 PM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset.
Title: Re: trading is good for traders with passive mindset Post by: Lanatsa on July 01, 2022, 09:59:23 PM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. Self perception towards your investment whether you do go for passive or active then it wont matter because it do still share up on the same idea or goal which is to make profit whether in short or long term.Trading isnt something simple thing to deal with which means that it do really requires sufficient time,effort and experience before you could able to make yourself able to handle up with this very unpredictable and volatile market which would be the main thing that you would be experiencing once you do step your foot into this market. Somehow, this doesnt always talk about good ending because along the way it would really be involving lots of trials and errors which would cause for you to make neither good or bad decisions. This would totally affect your success chance but of course experiencing mistakes are learnings for you to understand and mold yourself to be a better trader. Title: Re: trading is good for traders with passive mindset Post by: youdacapt on July 01, 2022, 10:30:16 PM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. I always believed crypto currency trading does not care about your ''emotions'' so irregardless of what kind of individual ''we are'' it does not stop or prevent traders from accumulating losses or profits. What is good for traders is consistency, and when i say consistency it applies towards improving one self and ones technique from time to time learning from losses and developing new strategies to win. When i say strategies, it ranges from day to day trading, long term plan trading, futures, etc. Important message, please don't rely on your emotions while trading. Title: Re: trading is good for traders with passive mindset Post by: livingfree on July 01, 2022, 10:42:36 PM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. It's for everyone.Whoever wants to trade, they can try it. Passive or active, it's for them and what matters here is on how they know what they're doing. Trading isn't as easy as the mindset that we have. It's actually a hard thing to do and most of the traders are even losing. If you get to know more about trading and you're accepting the risk of it, then it's for you. Title: Re: trading is good for traders with passive mindset Post by: Yamifoud on July 01, 2022, 11:23:04 PM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. Trading welcomes everyone but only those who have the capability to understand and are also those who are willing to change their mindset will stay and succeed. Even if we have a positive mindset but if we don't have skills and knowledge, that is still useless. Just like Lanatsa said, it requires ample time and effort to do trading as it was not an easy job to make. Though it welcomes everyone, somehow there are so many reasons why many had failed, not just only having a negative mindset. Title: Re: trading is good for traders with passive mindset Post by: DoublerHunter on July 01, 2022, 11:29:41 PM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. ^ That is why trading is not good for everyone because trading will not give profit if you lack knowledge of it. Trading is meant for those people who are willing to learn, willing to risk, and willing to spend their time and effort, those mindsets will most likely succeed in trading in the end but those who want to have a quick profit will probably end up a loser. Laggy mindset will like the pump and dump activity, they cannot decide on their own and always relying other's opinions, which commonly falls into a trap and always a prey of those predators. Title: Re: trading is good for traders with passive mindset Post by: serjent05 on July 01, 2022, 11:50:36 PM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. Isn't a passive mindset bringing a negative connotation? Something like not being responsible for anything? Here is a sample explanation: Quote You're not willing to do something hard. You're not willing to sacrifice what's needed. The passive mindset is defined by an attitude, an assumption that life happens to you and you're not responsible. People with this mindset also say things like, “Why does this always happen to me?” source: Yes, It’s All Your Fault: Active vs. Passive Mindsets (https://fs.blog/active-mindset/#:~:text=You're%20not%20willing%20to%20do%20something%20hard.,this%20always%20happen%20to%20me%3F%E2%80%9D)I think you are talking about our minds being passive in the sense that they just absorb anything without resistance or emotion. but saying for the passive minds just beat the sense of trading since trading needs an active mind that is ever reacting to changes for adjustments adoption, and calculations, especially in risk management. Title: Re: trading is good for traders with passive mindset Post by: Findingnemo on July 02, 2022, 02:26:16 AM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. What kind of trading we are actually talking about because you said passive and also mentioned investing time and developing skills which I think about analysing the market deeper and build own strategies to make the money but this is for the short term traders right who has to spend more time for doing this then how can we call it as passive?...Title: Re: trading is good for traders with passive mindset Post by: rozak on July 02, 2022, 03:21:55 AM I don't think it's all true. everyone always has their way of more easily understanding new things. like someone who learns about trading tools and analysis. Everyone has their approach to getting the easy way of learning.
some people who only focus on crypto trading. I am sure they have good observation and experience for daily profit. but it won't take up a whole day in front of the monitor. those who are experienced, know very well when to enter and exit trades made. Title: Re: trading is good for traders with passive mindset Post by: mk4 on July 02, 2022, 04:06:56 AM You just described how to attain success with almost any other skill/industry using the very generic "positive mindset" advice. Nothing new here.
Title: Re: trading is good for traders with passive mindset Post by: adaseb on July 02, 2022, 04:43:15 AM The issue with crypto and stock trading is general is that’s most people start trading during a bull market. And you all know how bull markets are, basically anyone can trade them.
People get hooked, quit their jobs, borrow more money and if they timing is off, well you know how it ends. Look at how many people were expecting $100K and most never took profits in the $60k. Same with those AMC and GME meme stocks. Title: Re: trading is good for traders with passive mindset Post by: cryptoaddictchie on July 02, 2022, 07:27:38 AM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. Thats easy to say but not all trader didnt suffered any loss. Mostly got some gains but eventually loses too in the end. Why? Even though consistency is there, were not a fortune teller to make an accurate movement of the market. But surviving many losses is what weve called an expert trader. I myself didnt do much trading cause I know the risk. Maybe doing some scalping but not in the regular basis of I have quota per day to win a single day trade. Title: Re: trading is good for traders with passive mindset Post by: Nrcewker on July 02, 2022, 10:14:55 AM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. Trading with full capacity does helps , but not great changes can be seen. It’s not the user who controls the market, so it doesn’t matter how much hard you learn to trade. At last if the fortune is not yours then your wallet will be red. I am not saying that learning about trading won’t at all help, rather it helps but that help doesn’t make a great difference between a normal trader and a veteran trader. These are my thoughts, this might be different for someone else. But yes i treat professional traders like this. Title: Re: trading is good for traders with passive mindset Post by: TheUltraElite on July 02, 2022, 10:17:52 AM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. Trading if ending up as a "hectic" endeavor, then it is not being done properly. Trading means buying when the market price is poor and selling when the price is up. If this ends up giving a mental toll on the person putting their money in, then they need to rethink what they are doing in the first place. They mostly bought at the higher prices and now trying to sell at lower or they are out of money to buy anything more out of the bear market.While both of these are happening, people must remind themselves that trading is not everything in life. While market will go up and down, there are things outside the market which should be given attention too - if you dont divert to such things in life, trading will end up being a chore and that will drain you. Title: Re: trading is good for traders with passive mindset Post by: btc_angela on July 02, 2022, 10:19:30 AM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. There are a lot angles though, yes you need to spend a lot of time in trading to make money or in order to be successful. But you also have to learn and adapt things, you can't just be linear here. Sooner or later you can be aggressive and then passive or both. In short there is no one strategy that is going to work. Your mindset adjust as you gain experience. And always remember that you are not always going to win, most of the time it's best to take some losses. Title: Re: trading is good for traders with passive mindset Post by: dimonstration on July 02, 2022, 10:22:26 AM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. The only problem by newbie when they want to do trading was they keep doing what pro traders do and keep thinking on buying/selling without any knowledge about proper technical analysis which is the reason why they always result to loses. Why newbie don’t understand the importance of just holding and forget other bullshit trading strategy to save time and hassle on thinking how to make profit because no one loss unless you sold so why not keep buying and holding and just wait while doing your normal daily activities in your life. Many people keep looking on the chart every seconds and always lead to fear when they see price is going down. This is always the case why most newbie trader never get success on this field. Title: Re: trading is good for traders with passive mindset Post by: ethereumhunter on July 02, 2022, 10:49:21 AM What is clear is that if you want to trade and make a profit, you will have to learn a lot about trading overtime to get as much profit as possible. It may be a busy venture but it is well worth trying because you want to profit from trading. Learning more about trading will teach you how to analyze properly and correctly, determine what coins are worth trading, and so on. Learning to trade never stops unless you decide to stop trading.
Title: Re: trading is good for traders with passive mindset Post by: virasisog on July 02, 2022, 04:22:30 PM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. Trading needs dedication and passion because it needs broad knowledge and understanding. It also needs patience so it isn't for people who want to get rich in an instance. It requires a proper and positive mindset because of the volatility of the market could literally affect our emotions so we have to deal with every change. Title: Re: trading is good for traders with passive mindset Post by: palle11 on July 02, 2022, 04:49:41 PM but this is for the short term traders right who has to spend more time for doing this then how can we call it as passive?... Yeah I think op didn't understand what that passive means and that contradict his message in the thread. If he says trading is for the passive mindset and not for the laggy mindset, it is confusing. Trading isn't necessary for the paasive mindset but I believe risk takers best suited for trading. You trade for the risk of your money to get more money. Title: Re: trading is good for traders with passive mindset Post by: MrcMrc on July 02, 2022, 07:37:47 PM People get hooked, quit their jobs, borrow more money and if they timing is off, well you know how it ends. Look at how many people were expecting $100K and most never took profits in the $60k. Same with those AMC and GME meme stocks. Title: Re: trading is good for traders with passive mindset Post by: teosanru on July 02, 2022, 08:05:59 PM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. Passive mindset sounds like a very negative word to me. I would rather replace the word passive with Patient mindset. I feel people who are more patient towards learning how to trade and then trading too will always succeed in the market. This is because they learn from their mistakes and develop skills over time. In trading learning from your past mistakes is the most important thing while developing a system. It's all about hit and trial until you develop a foolproof system that can actually fetch you some money. until this happens all of us are just doing hit and trial.Title: Re: trading is good for traders with passive mindset Post by: goaldigger on July 02, 2022, 08:55:22 PM but this is for the short term traders right who has to spend more time for doing this then how can we call it as passive?... Yeah I think op didn't understand what that passive means and that contradict his message in the thread. If he says trading is for the passive mindset and not for the laggy mindset, it is confusing. Trading isn't necessary for the paasive mindset but I believe risk takers best suited for trading. You trade for the risk of your money to get more money. Title: Re: trading is good for traders with passive mindset Post by: samcrypto on July 02, 2022, 09:29:17 PM but this is for the short term traders right who has to spend more time for doing this then how can we call it as passive?... Yeah I think op didn't understand what that passive means and that contradict his message in the thread. If he says trading is for the passive mindset and not for the laggy mindset, it is confusing. Trading isn't necessary for the paasive mindset but I believe risk takers best suited for trading. You trade for the risk of your money to get more money. Title: Re: trading is good for traders with passive mindset Post by: ultrloa on July 02, 2022, 09:58:14 PM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. Everything can be develop thru the experiences of the traders and the only thing they need is consistency to learn new things everyday so that they grow as a elite trader. Passive mindset will just came once they already been well educated on things they need to know because if traders are tested by many market scenarios for sure they can use that to determine which and how negative and positive market phase would be profitable to them. Title: Re: trading is good for traders with passive mindset Post by: crzy on July 02, 2022, 09:58:39 PM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. Good mindset yes, but not a passive one.Passive means doing nothing to me and if you are a trader you mind doesn't rest because you keep on analyzing and you actively trade in the market which requires a lot of attentions. Trading is for those who have a strong self control and of course for those who can control their emotions because trading will always challenge your emotion and if you are that week, don't expect to succeed in trading. Title: Re: trading is good for traders with passive mindset Post by: Ziskinberg on July 02, 2022, 11:29:14 PM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. Good mindset yes, but not a passive one.Passive means doing nothing to me and if you are a trader you mind doesn't rest because you keep on analyzing and you actively trade in the market which requires a lot of attentions. Trading is for those who have a strong self control and of course for those who can control their emotions because trading will always challenge your emotion and if you are that week, don't expect to succeed in trading. Title: Re: trading is good for traders with passive mindset Post by: Oceat on July 02, 2022, 11:29:24 PM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. Good mindset yes, but not a passive one.Passive means doing nothing to me and if you are a trader you mind doesn't rest because you keep on analyzing and you actively trade in the market which requires a lot of attentions. Trading is for those who have a strong self control and of course for those who can control their emotions because trading will always challenge your emotion and if you are that week, don't expect to succeed in trading. Title: Re: trading is good for traders with passive mindset Post by: tomos81 on July 03, 2022, 12:57:49 AM Now all the traders that have come are just that Can buy and sell. They start treating without gaining any knowledge about the market which is why they are always at a loss. So newcomers should gain knowledge about the market And do market analysis. If you do not have this kind of knowledge then you trade all your life You will not be able to earn anything for the rest of your life. So of course your knowledge about the market.
Title: Re: trading is good for traders with passive mindset Post by: stadus on July 03, 2022, 11:11:03 AM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. Day traders and long-term traders, both are profitable, depending on how you manage yourself. Eventually, you will learn how to be consistent in trading and you'll achieve financial success as there's no limit in terms of profit in trading. It will not give you overnight success, it might take years to learn how to be consistent, but as long as we don't give up, we always have a chance to master our skills and make our journey profitable. Title: Re: trading is good for traders with passive mindset Post by: so98nn on July 03, 2022, 01:24:15 PM Well what you suggesting is golden formula for almost every business out there and for its success you have to have the passive mindset. Literally you can follow this mantra for everything out there.
Trading on the other hand is one of the complex and greedy empire where you have to have control on your emotions first and secondly you can not rely on it as income source if you are not trained for it or have enough skills. So as matter of fact, you also need pile of skills to understand that "next move" in the trading zone. Title: Re: trading is good for traders with passive mindset Post by: Zilon on July 03, 2022, 07:30:24 PM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. Trading is passive on the long run with patience, dedication to learning ,consistency and contentment . The hectic part of trading is in the early stage of learning and practicing but over time a consistent trader builds a strategy that stands the taste of time what keeps the profit consistent is how much of greed a trader can deal with because even the best traders lose to market because of greed sometimesTitle: Re: trading is good for traders with passive mindset Post by: serjent05 on July 03, 2022, 09:22:00 PM Well what you suggesting is golden formula for almost every business out there and for its success you have to have the passive mindset. Literally you can follow this mantra for everything out there. Yeah right, a passive mindset is blaming others for your mistakes, laze around, not taking responsibility or don't want to be in control. Does that sound great to make a business successful? Quote The passive mindset is defined by an attitude, an assumption that life happens to you and you’re not responsible. Quote When the passive mindset takes over, you say another phrase that drives me batty: “I can’t.” source: Yes, It’s All Your Fault: Active vs. Passive Mindsets (https://fs.blog/active-mindset/#:~:text=You're%20not%20willing%20to%20do%20something%20hard.,this%20always%20happen%20to%20me%3F%E2%80%9D)Trading on the other hand is one of the complex and greedy empire where you have to have control on your emotions first and secondly you can not rely on it as income source if you are not trained for it or have enough skills. So as matter of fact, you also need pile of skills to understand that "next move" in the trading zone. So having involved in trading one should have an active mindset, adaptability, flexibility, and broad knowledge of the industry. Does this sound like being passive? Remember we need to study and absorb every important knowledge we encounter during our trades. Title: Re: trading is good for traders with passive mindset Post by: Kelvinid on July 03, 2022, 11:26:28 PM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. Trading maybe only for those who has a brave heart and strong minds. Along your journey in trading you will different market scenarios, you can still have time in different asset but those who want to pursue trading and want to make it as a source of living, yes they need to devote time and effort but they should know that it is not always rainbows and sunshines. Indeed, not all the time do we have a favorable market, sometimes they lose but a real trader never lost their mind and quits as they know that was a part of being a trader. That is why we shouldn't let our emotions dictate us, we instead do the opposite and think wisely and focus on our goal. Title: Re: trading is good for traders with passive mindset Post by: GreatArkansas on July 04, 2022, 03:57:04 AM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. Trading is passive on the long run with patience, dedication to learning ,consistency and contentment . The hectic part of trading is in the early stage of learning and practicing but over time a consistent trader builds a strategy that stands the taste of time what keeps the profit consistent is how much of greed a trader can deal with because even the best traders lose to market because of greed sometimesThere are lot of traders who are only good in the beginning, like after how many trades, they intend to stop and back again anytime they want. Being consistent will help you to learn the market condition or how the market reacts especially on different market conditions. Title: Re: trading is good for traders with passive mindset Post by: monineklutak on July 04, 2022, 04:48:05 AM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. Trading is passive on the long run with patience, dedication to learning ,consistency and contentment . The hectic part of trading is in the early stage of learning and practicing but over time a consistent trader builds a strategy that stands the taste of time what keeps the profit consistent is how much of greed a trader can deal with because even the best traders lose to market because of greed sometimesThere are lot of traders who are only good in the beginning, like after how many trades, they intend to stop and back again anytime they want. Being consistent will help you to learn the market condition or how the market reacts especially on different market conditions. Besides that, patience is also an important thing that must be owned by traders. especially with uncertain market conditions, it becomes a test for traders Title: Re: trading is good for traders with passive mindset Post by: maydna on July 04, 2022, 12:23:59 PM Being consistent is not easy and I think only people who are serious and willing to learn can do that, Uncertain market conditions make traders learn more because that can help them analyze the market situation. If they could learn more about trading, they would be able to determine when to enter and exit the market. But indeed, patience is important for traders because they can hold their coins when the market situation is down. They must realize this if they want to survive in any situation because we don't know what will happen next.Besides that, patience is also an important thing that must be owned by traders. especially with uncertain market conditions, it becomes a test for traders Title: Re: trading is good for traders with passive mindset Post by: Questat on July 04, 2022, 01:48:53 PM Not to special mention but trading isn't for passive mindset ONLY, this is for those who are willing to take risks and understand the volatility of the market. We can't just play the market and make a profit because we have such a mindset. I know it was also important but in the reality, people who claim they are good had failed but those who keep quiet and enjoy themselves have been successful. It needs hard work and patience which I believe that not all of us have this stuff and these people don't just have a positive mindset but have a certain goal that they want to achieve.
Title: Re: trading is good for traders with passive mindset Post by: kamvreto on July 04, 2022, 04:09:49 PM -~snipped~ It needs hard work and patience which I believe that not all of us have this stuff and these people don't just have a positive mindset but have a certain goal that they want to achieve. hard work and patience are important, indeed not all traders can control it. Even people who are professionals, if they don't have the patience, will experience losses. A positive mindset and clear goals must be prioritized. Goals include the strategies used when trading. If you can follow the strategy well everything will be safe. Title: Re: trading is good for traders with passive mindset Post by: Silberman on July 04, 2022, 04:33:02 PM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. Traders by definition have to be an active bunch, after all you need to read several charts and you need to do it more frequently the faster the chart moves, after all you need to interpret a chart of 15 minutes 4 times in the same period of time that you will interpret a chart of 1 hour only once, so I do not really agree with you unless you are actually talking about investors instead, investors can afford to be more passive in their approach to the markets as they are more interested in the long term than in the short term.Title: Re: trading is good for traders with passive mindset Post by: AmoreJaz on July 04, 2022, 09:10:44 PM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. Traders by definition have to be an active bunch, after all you need to read several charts and you need to do it more frequently the faster the chart moves, after all you need to interpret a chart of 15 minutes 4 times in the same period of time that you will interpret a chart of 1 hour only once, so I do not really agree with you unless you are actually talking about investors instead, investors can afford to be more passive in their approach to the markets as they are more interested in the long term than in the short term.i believe, what the OP meant is active mindset as well. because he said, not for the laggy mindset, which means, this is not for slow or passive user. but he used passive mindset instead of active. anyway, we get the idea here. if you are actively trading, definitely, you will be very active and awake as you need to read charts, check the news and other updates and not be laid back. otherwise, you will miss the train. and won't achieve your targets. Title: Re: trading is good for traders with passive mindset Post by: justdimin on July 04, 2022, 09:14:26 PM Traders by definition have to be an active bunch, after all you need to read several charts and you need to do it more frequently the faster the chart moves, after all you need to interpret a chart of 15 minutes 4 times in the same period of time that you will interpret a chart of 1 hour only once, so I do not really agree with you unless you are actually talking about investors instead, investors can afford to be more passive in their approach to the markets as they are more interested in the long term than in the short term. That "activity" should be something that could be risky for the trader at the same time. There isn't really a big deal at all if you just end up doing a long term investment where you hold it for a decade or more. Whereas a trader would have to be active and constantly do something and that ends up being a terrible situation.So, just focus on what you are doing at that moment if you are a trader and be always ready for the current situation and always be ready for a drop, so have your stop loss and so forth ready. This way you could limit the loss as well. There isn't really a good deal to be trader to be fair, just be a long term investor and you would be fine. Title: Re: trading is good for traders with passive mindset Post by: Rufsilf on July 04, 2022, 10:18:53 PM -~snipped~ It needs hard work and patience which I believe that not all of us have this stuff and these people don't just have a positive mindset but have a certain goal that they want to achieve. hard work and patience are important, indeed not all traders can control it. Even people who are professionals, if they don't have the patience, will experience losses. A positive mindset and clear goals must be prioritized. Goals include the strategies used when trading. If you can follow the strategy well everything will be safe. Title: Re: trading is good for traders with passive mindset Post by: BuNga_cute on July 04, 2022, 10:21:24 PM Traders by definition have to be an active bunch, after all you need to read several charts and you need to do it more frequently the faster the chart moves, after all you need to interpret a chart of 15 minutes 4 times in the same period of time that you will interpret a chart of 1 hour only once, so I do not really agree with you unless you are actually talking about investors instead, investors can afford to be more passive in their approach to the markets as they are more interested in the long term than in the short term. That "activity" should be something that could be risky for the trader at the same time. There isn't really a big deal at all if you just end up doing a long term investment where you hold it for a decade or more. Whereas a trader would have to be active and constantly do something and that ends up being a terrible situation.So, just focus on what you are doing at that moment if you are a trader and be always ready for the current situation and always be ready for a drop, so have your stop loss and so forth ready. This way you could limit the loss as well. There isn't really a good deal to be trader to be fair, just be a long term investor and you would be fine. It is true that being a trader is not easy, it does not only require good knowledge and analytical skills. But you must be able to control our emotions well too, because traders must be able to make decisions in a short time and not panic easily. Therefore, the risk is very large compared to long-term investments, that's why I also recommend long-term investments. Because in addition to lower risk, long-term investment is not like trading, which should spend more time monitoring and analyzing the market. Traders must have time every day to analyze the market, in order to be able to make decisions quickly, and can generate profits. Therefore, the stop-loss feature is a must for traders, it is to prevent experiencing bigger losses if the market moves not according to predictions. But everyone has their own way of making a profit in the crypto world. There are indeed some people whose passion is in trading. So actually we can't say trading is completely bad, if done correctly, trading can also be a promising source of income. Title: Re: trading is good for traders with passive mindset Post by: kamvreto on July 05, 2022, 04:38:36 AM -~snipped~ It needs hard work and patience which I believe that not all of us have this stuff and these people don't just have a positive mindset but have a certain goal that they want to achieve. hard work and patience are important, indeed not all traders can control it. Even people who are professionals, if they don't have the patience, will experience losses. A positive mindset and clear goals must be prioritized. Goals include the strategies used when trading. If you can follow the strategy well everything will be safe. I don't think trading is easy, I'm just saying that there are some aspects that really need to be prioritized. Positive mindset and patience are included in psychological control. and for basic trading knowledge you must also have and understand about trading. Those who fail and don't achieve what they want certainly don't understand what trading is all about. Trading is not just buying and selling, but there will be many considerations in it and the profits and losses are certain to occur. Title: Re: trading is good for traders with passive mindset Post by: AnonBitCoiner on July 05, 2022, 05:24:47 AM Why is it that everyone who invests a penny into any cryptocurrency suddenly thinks they have the credentials and experience to become a price speculator and throw their “expert” opinions into everyone else’s face?
I think If most people ever sat back and looked at the credentials of so call "crypto Gods" and actually vetted them, even a little bit, they'd think they were nuts taking any kind of investment advice from those people. In real life, you'd not even invest $10 cash based on anything they said, but make it crypto and everyone parks their brains and just follows anyone who seems to speak with even the slightest bit of authority, even if that authority was self awarded. Title: Re: trading is good for traders with passive mindset Post by: Toni Ross on July 05, 2022, 05:36:04 AM With trading, you don’t instantly become rich. It is a process and takes time. That’s why it is important to remain consistent in your journey and trade with your mind open. I guess everyone should analyse themselves from day one. So they understand what works and doesn’t.
Title: Re: trading is good for traders with passive mindset Post by: kotajikikox on July 05, 2022, 05:40:36 AM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. Trading is not for everyone , this had been the trend i have been read overtime but now i realized that it is wrong, trading is for everyone that literally interested to learn and earn and not those who were just here to get their profit instantly .this needs time and effort and of course capital , because in the beginning we must lose first to learn and understand how this moves and how to make it right. Title: Re: trading is good for traders with passive mindset Post by: xSkylarx on July 05, 2022, 07:22:40 AM Trading is not for everyone , this had been the trend i have been read overtime but now i realized that it is wrong, trading is for everyone that literally interested to learn and earn and not those who were just here to get their profit instantly . this needs time and effort and of course capital , because in the beginning we must lose first to learn and understand how this moves and how to make it right. But not everyone can manage their emotions properly in trading which is necessary to become successful on it. Everyone can learn those charts, candlesticks, and indicators but only few people are able to control their emotion in different market situations. There are some people I know that have been trading for years that still get greedy when an opportunity to earn huge arises and forgot to stick to their trading strategy. Title: Re: trading is good for traders with passive mindset Post by: maydna on July 05, 2022, 08:53:44 AM Being consistent is not easy and I think only people who are serious and willing to learn can do that, Uncertain market conditions make traders learn more because that can help them analyze the market situation. If they could learn more about trading, they would be able to determine when to enter and exit the market. But indeed, patience is important for traders because they can hold their coins when the market situation is down. They must realize this if they want to survive in any situation because we don't know what will happen next.Besides that, patience is also an important thing that must be owned by traders. especially with uncertain market conditions, it becomes a test for traders Title: Re: trading is good for traders with passive mindset Post by: gunhell16 on July 06, 2022, 06:10:15 AM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. Trading does not care about the emotions that every trader feels. The only thing that matters in a trading platform is to have traders who buy and sell just simple as that. This is the reason why some of here are giving advise to have a knowledge anyhow in trading skills. Experience is also one of the good things here in the crypto trading for us to become good and to learn in the future to get profit in the end . Title: Re: trading is good for traders with passive mindset Post by: tbterryboy on July 07, 2022, 06:36:03 AM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. Yup, trading is hectic and if you are a type of person who cant handle a hectic situation then trading is not for you. In trading one must be persistent here to try again if ever they fail on their first few attempts. I cant only agree on some of the terms that you used there like passive mindset.I think this one is not appropriate in trading since trading is supposed to be an active activity so the mind of the trader must also be active at all times but indeed that a laggy mindset should be avoided. The only lag that can be accepted here is your internet connection because that was unavoidable. Sorry mate but the word passive best applies for investing. Title: Re: trading is good for traders with passive mindset Post by: electronicash on July 07, 2022, 07:33:19 AM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. Yup, trading is hectic and if you are a type of person who cant handle a hectic situation then trading is not for you. In trading one must be persistent here to try again if ever they fail on their first few attempts. I cant only agree on some of the terms that you used there like passive mindset.I think this one is not appropriate in trading since trading is supposed to be an active activity so the mind of the trader must also be active at all times but indeed that a laggy mindset should be avoided. The only lag that can be accepted here is your internet connection because that was unavoidable. Sorry mate but the word passive best applies for investing. trading is not just short term though. someone from youtube which i watched weeks ago was that you can make money in bull market but you can be rich in bear market. traders who are really patient in investing and buying coins in bear market does have a passive mindset as they are looking forward to what will happen in the future. Title: Re: trading is good for traders with passive mindset Post by: Silberman on July 07, 2022, 04:14:55 PM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. Yup, trading is hectic and if you are a type of person who cant handle a hectic situation then trading is not for you. In trading one must be persistent here to try again if ever they fail on their first few attempts. I cant only agree on some of the terms that you used there like passive mindset.I think this one is not appropriate in trading since trading is supposed to be an active activity so the mind of the trader must also be active at all times but indeed that a laggy mindset should be avoided. The only lag that can be accepted here is your internet connection because that was unavoidable. Sorry mate but the word passive best applies for investing. trading is not just short term though. someone from youtube which i watched weeks ago was that you can make money in bull market but you can be rich in bear market. traders who are really patient in investing and buying coins in bear market does have a passive mindset as they are looking forward to what will happen in the future. Title: Re: trading is good for traders with passive mindset Post by: Cling18 on July 07, 2022, 05:26:08 PM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. Yup, trading is hectic and if you are a type of person who cant handle a hectic situation then trading is not for you. In trading one must be persistent here to try again if ever they fail on their first few attempts. I cant only agree on some of the terms that you used there like passive mindset.I think this one is not appropriate in trading since trading is supposed to be an active activity so the mind of the trader must also be active at all times but indeed that a laggy mindset should be avoided. The only lag that can be accepted here is your internet connection because that was unavoidable. Sorry mate but the word passive best applies for investing. trading is not just short term though. someone from youtube which i watched weeks ago was that you can make money in bull market but you can be rich in bear market. traders who are really patient in investing and buying coins in the bear market do have a passive mindset as they are looking forward to what will happen in the future. Trading could also be good for the short term if you're skilled and knowledgeable about it. Trading isn't just about holding but rather dealing with every market situation. If you want to be a successful trader, you must have the eagerness and determination to adapt knowledge and strategies which is applicable in your trading journey. It should be a passion and not a pastime. Title: Re: trading is good for traders with passive mindset Post by: Jody.Drummer on July 07, 2022, 06:00:27 PM How about overcoming the outstanding issues regarding market movements with Fud which must be filtered by a passive trader like you? whether it's just a system of implementing a consistent trading method or getting caught up in untrue news. For example, you will get bad news in the media about a cryptocurrency trade under the pretext that you are in a trading condition and respond to the news to sell it as early as possible.
Doesn't that affect trading? The more you are actively involved in fast trading, the more you will not be able to control at one time. Emotionally disturbed is definitely not an effective way to trade. Title: Re: trading is good for traders with passive mindset Post by: Rigon on July 07, 2022, 06:00:37 PM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. No matter what you do, you just have to be more discriminating with the help you render toward other people.If you do anything carefully, you will see that you have had good success from there at some point.Similarly, when it comes to trading, if you are always on the trading platform, you can expect something better from the trading platform at some point.Otherwise if you go from the trading platform to do something inadvertently lazily but you will not learn anything well You can be considered a successful trader only if you can get enough there to trade.Title: Re: trading is good for traders with passive mindset Post by: tygeade on July 11, 2022, 08:24:32 AM Anyone buying bitcoin now and expecting to get profits from holding will have at minimum to wait months or even years for that to happen, there is now way this can be classified as a form of trading as at most a trade could last a few weeks and at most a month, and even if a trader did something like that it means that during the time they made those moves they were not really thinking as a trader but as an investor. There are differences between traders and investors. But, you could always have it together at the same time, how? Well, if you want to buy something and 15 minutes after you buy, that thing goes up in price then you could sell and make a profit.But, if you are buying something and then it goes down, then you could hold it for a year and then sell it for a profit. You are the same person, and you bought the same thing, but depending on what the outcome is, you turn out to be a trader or an investor. This is why it is not really that much of a big difference between the two, the difference is what happens meanwhile. If you are willing to do it, then it's fine. Title: Re: trading is good for traders with passive mindset Post by: Mpamaegbu on July 11, 2022, 08:41:14 AM So in conclusion trading is for the I guess you meant "active" and not passive. Passive should throw us the picture of one not be conscientious in their involvement or dealings. Of a truth, trading should be seen as a profession that ought to be paid the needed attention it deserves. If one were to be serious with it, one should take it as respectable as one views any professional career. Medicine, engineering, law, journalism, just to mention but four, aren't in anyway above trading. You know why? The end product of them all is to put food on the table. That's what trading aims at too. So, why would anyone stress to study those courses at school with seriousness for years and not deem it fit to extend such zeal to trading? That's the major reason people fail at trading. Title: Re: trading is good for traders with passive mindset Post by: Silberman on July 11, 2022, 04:19:06 PM Anyone buying bitcoin now and expecting to get profits from holding will have at minimum to wait months or even years for that to happen, there is now way this can be classified as a form of trading as at most a trade could last a few weeks and at most a month, and even if a trader did something like that it means that during the time they made those moves they were not really thinking as a trader but as an investor. There are differences between traders and investors. But, you could always have it together at the same time, how? Well, if you want to buy something and 15 minutes after you buy, that thing goes up in price then you could sell and make a profit.But, if you are buying something and then it goes down, then you could hold it for a year and then sell it for a profit. You are the same person, and you bought the same thing, but depending on what the outcome is, you turn out to be a trader or an investor. This is why it is not really that much of a big difference between the two, the difference is what happens meanwhile. If you are willing to do it, then it's fine. Title: Re: trading is good for traders with passive mindset Post by: hashrateproducts on July 13, 2022, 06:12:33 AM Trading is one of the basis necessities that brings Profits to a trader. It's certified and generalised that trading is essential in the space and without it, most people could probably not get Profits in the space since 70% are traders and some greedy and are gamblers in the market at that and some just passive with Profits. One with passive mindset wouldn't be too desperate to make money from a particular trade, rather might still get Profits from several trades but a gambling trader would want to get everything in just one open trade and they never get satisfied with what they have, they always feels that it's never enough. So trading suits people with passive mindset as they make Profits and these set of people always have a way of handling or escaping the bear market.
Title: Re: trading is good for traders with passive mindset Post by: Lanatsa on July 13, 2022, 11:58:05 PM Trading is one of the basis necessities that brings Profits to a trader. It's certified and generalised that trading is essential in the space and without it, most people could probably not get Profits in the space since 70% are traders and some greedy and are gamblers in the market at that and some just passive with Profits. One with passive mindset wouldn't be too desperate to make money from a particular trade, rather might still get Profits from several trades but a gambling trader would want to get everything in just one open trade and they never get satisfied with what they have, they always feels that it's never enough. So trading suits people with passive mindset as they make Profits and these set of people always have a way of handling or escaping the bear market. Not necessity but rather and investment just like typical ones we known which could potentially generate income if you done it well but we know that this isnt for everybody because it does require funds or capital foryou to start up and on general perspective which it does need that skills and knowledge for you to have a good grasp on this one and able to sustain yourself because trading in crypto is never been easy on the first place. Passive or active it wont matter as long you do generate income/profit then this is the primary target that we've been hoping or goal in mind. Just dont rush yourself on learning and taking a good grasp because it does take lots of effort and time before you could able to attain it. Title: Re: trading is good for traders with passive mindset Post by: LUCKMCFLY on July 17, 2022, 06:12:02 AM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. Traders by definition have to be an active bunch, after all you need to read several charts and you need to do it more frequently the faster the chart moves, after all you need to interpret a chart of 15 minutes 4 times in the same period of time that you will interpret a chart of 1 hour only once, so I do not really agree with you unless you are actually talking about investors instead, investors can afford to be more passive in their approach to the markets as they are more interested in the long term than in the short term.i believe, what the OP meant is active mindset as well. because he said, not for the laggy mindset, which means, this is not for slow or passive user. but he used passive mindset instead of active. anyway, we get the idea here. if you are actively trading, definitely, you will be very active and awake as you need to read charts, check the news and other updates and not be laid back. otherwise, you will miss the train. and won't achieve your targets. Title: Re: trading is good for traders with passive mindset Post by: crwth on July 17, 2022, 09:01:24 AM Trading is definitely one of the hardest things to master and even profit from continuously in the long run. Because it's definitely like gambling. We all know that it's a challenge to do gambling in terms of profit and then it's just another thing to continuously bring money into your wallet. You could learn a lot and do your research when it comes to strategies. In general, it's always going to be the one who is the most consistent and the most patient in terms of trading and could win. It's all about making continuous bets and having money.
If you have less time, that would even be a risk because you will have a hard time focusing. In my application, I always use my trading bot, Gunbot[1] (https://gunbot.ph). It trades for me and it's definitely helping me focus on the important things while profiting on the side. It's definitely no guarantee but with the right optimization of your strategy, you possibly can. https://i.imgur.com/AEpOjJV.png This is just an example of the Dashboard. Having this passive approach to trading is helping me focus and just be consistent. References: [1] - https://gunbot.ph Title: Re: trading is good for traders with passive mindset Post by: TheUltraElite on July 22, 2022, 08:04:52 AM So trading suits people with passive mindset as they make Profits and these set of people always have a way of handling or escaping the bear market. Trading suits those who can remain calm in a bear market and in a bull market. Trading is not just about making profits but know how to make and when to make profits. If the goal in trading is to profit and not learn the process then it is going to end up as a chore.What most traders get wrong is that they take up trading as another earning mode which is wrong. A speculative market is good for making side earnings but should not be viewed as a main earning. For this the passive mindset does not matter, what does matter is that you get into the right coin at that right time. Title: Re: trading is good for traders with passive mindset Post by: LUCKMCFLY on July 24, 2022, 02:19:29 PM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. No matter what you do, you just have to be more discriminating with the help you render toward other people.If you do anything carefully, you will see that you have had good success from there at some point.Similarly, when it comes to trading, if you are always on the trading platform, you can expect something better from the trading platform at some point.Otherwise if you go from the trading platform to do something inadvertently lazily but you will not learn anything well You can be considered a successful trader only if you can get enough there to trade.Title: Re: trading is good for traders with passive mindset Post by: ItsCrafty on August 18, 2022, 04:31:12 PM Yes exactly because a person with sharp mind will realize good things that will help him to achieve goals, he will always focus on the price of market and the coins which are the best to buy and sell. A person who is best in creating specific strategies and behave according to it will be a successful trader. A successful trader do not thing according to his emotions but act according to his mind.
Title: Re: trading is good for traders with passive mindset Post by: justdimin on August 20, 2022, 06:36:41 AM There are differences between traders and investors. But, you could always have it together at the same time, how? Well, if you want to buy something and 15 minutes after you buy, that thing goes up in price then you could sell and make a profit. Yeah, in my opinion it's not easy to have a passive mindset though. We are human beings and we have emotions and it's hard to keep them under control. I never became a great trader because I fail to keep my emotions in check to be fair, doesn't need to be just bad stuff, even on good feelings I overreact and that's always a trouble for me, like keeping something longer than I should because I like it type of good intentions did hurt me.But, if you are buying something and then it goes down, then you could hold it for a year and then sell it for a profit. You are the same person, and you bought the same thing, but depending on what the outcome is, you turn out to be a trader or an investor. This is why it is not really that much of a big difference between the two, the difference is what happens meanwhile. If you are willing to do it, then it's fine. So, I would suggest that being a long term investor is easier. All you have to do is buy and hold, that will result with you making a good profit and that way you could always end up with a happy ending to your investment if you wait for it long enough. Title: Re: trading is good for traders with passive mindset Post by: passwordnow on August 20, 2022, 09:43:34 AM A person who is best in creating specific strategies and behave according to it will be a successful trader. These people will have to do what's right because they have the correct thinking that test results do vary and that's why they don't give up too quickly. They create and test strategies because most are not going to last long.A successful trader do not thing according to his emotions but act according to his mind. Being successful is already the end result. Even the successful ones have been tapped by their emotions and this can't be removed for everyone. Whether you're successful or not, you will surely experience it.Title: Re: trading is good for traders with passive mindset Post by: Viscore on August 20, 2022, 10:42:46 PM Trading is not for everyone , this had been the trend i have been read overtime but now i realized that it is wrong, trading is for everyone that literally interested to learn and earn and not those who were just here to get their profit instantly . this needs time and effort and of course capital , because in the beginning we must lose first to learn and understand how this moves and how to make it right. But not everyone can manage their emotions properly in trading which is necessary to become successful on it. Everyone can learn those charts, candlesticks, and indicators but only few people are able to control their emotion in different market situations. There are some people I know that have been trading for years that still get greedy when an opportunity to earn huge arises and forgot to stick to their trading strategy. Title: Re: trading is good for traders with passive mindset Post by: tbterryboy on August 21, 2022, 06:38:15 AM Fortunately, some people were able to control their greed and manage to pursue their trading goals as most are used to trade for long term. However, controlling one's greed is not enough to meet trading success. A good trader should also establish a passive mindset in trading, and being able to analyze market trends and events as they can can be helpful in knowing when is best to trade and when trading is not possible. They only use their greed to give them a motivation to continue on what they are doing. This a proof that not all greed is bad but it can also be beneficial depending on how we use it. If they are used in trading then they are not new in here but the one we are talking about are the newbies which still lacks of experience when it comes to trading.It is good to have a passive mindset so that we aren't pressured and we can think properly than compare to when we have an active mindset where our minds are always tired which can affect our trading performances. There is no bad times for trading I believe because this market doesn't stop moving. Title: Re: trading is good for traders with passive mindset Post by: newdevices on August 21, 2022, 05:38:52 PM Yes exactly because a person with sharp mind will realize good things that will help him to achieve goals, he will always focus on the price of market and the coins which are the best to buy and sell. A person who is best in creating specific strategies and behave according to it will be a successful trader. A successful trader do not thing according to his emotions but act according to his mind. very true, indeed a trader must have a sharp mind, because it is not just only to watching and playing, but also must be smart in analyzing quickly, this applies in all aspects of trading, especially in futures trading, of course smart traders and have sharp minds that will win! Title: Re: trading is good for traders with passive mindset Post by: freedomgo on August 21, 2022, 09:35:34 PM Traders by definition have to be an active bunch, after all you need to read several charts and you need to do it more frequently the faster the chart moves, after all you need to interpret a chart of 15 minutes 4 times in the same period of time that you will interpret a chart of 1 hour only once, so I do not really agree with you unless you are actually talking about investors instead, investors can afford to be more passive in their approach to the markets as they are more interested in the long term than in the short term. That "activity" should be something that could be risky for the trader at the same time. There isn't really a big deal at all if you just end up doing a long term investment where you hold it for a decade or more. Whereas a trader would have to be active and constantly do something and that ends up being a terrible situation.So, just focus on what you are doing at that moment if you are a trader and be always ready for the current situation and always be ready for a drop, so have your stop loss and so forth ready. This way you could limit the loss as well. There isn't really a good deal to be trader to be fair, just be a long term investor and you would be fine. Title: Re: trading is good for traders with passive mindset Post by: Newlifebtc on August 21, 2022, 10:44:37 PM People get hooked, quit their jobs, borrow more money and if they timing is off, well you know how it ends. Look at how many people were expecting $100K and most never took profits in the $60k. Same with those AMC and GME meme stocks. Title: Re: trading is good for traders with passive mindset Post by: Peanutswar on August 21, 2022, 11:46:57 PM Trading is all about knowledge and emotional state battle when it comes into decision making that's the reason why if you want to commit a trade always be mindful about the possible situations might come and arise during your trading because it is volatile anything can happen and get easily manipulated in the market.
Title: Re: trading is good for traders with passive mindset Post by: NicNacCoin on August 22, 2022, 03:41:58 AM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. In fact, trading is good for those who can be involved in trading all the time.Those who trade lazily never gain anything good from the trading platform.They cannot properly consider how good things can be earned from trading If you can devote all your time to trading platform then you will be 100% successful in trading platform that's why I say passive traders are really successful traders in trading platform.Title: Re: trading is good for traders with passive mindset Post by: TheUltraElite on August 22, 2022, 08:03:16 AM Trading is all about knowledge and emotional state battle when it comes into decision making that's the reason why if you want to commit a trade always be mindful about the possible situations might come and arise during your trading because it is volatile anything can happen and get easily manipulated in the market. These emotions need to be controlled when trading. It is easier if seen from a more mechanical point of view like taking the buy and sell prices as just numbers which you are handling yourself. Then there are traders who get too attached to their coins. Remember that a professionally successful trader know both when to buy and when to sell. Not just hold. You have to recycle the money otherwise it ends up giving no return value to you. Situations will end up happening every few days, you have to handle it mechanically. Buy when it drops beyond a set price and sell when it rises. Beyond that, don't stare at charts all day, it invokes anxiety. Title: Re: trading is good for traders with passive mindset Post by: Detritus on September 10, 2022, 12:36:57 AM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. Crypto Trading has more description, like buying low and sell high, buy low or high and hold for long time, lastly, trading crypto on CEX (centralized exchange) future trading. To carry out future trading, one must really learn very well and understand a lot of skills or will face the risk of losing their funds a lot. Traders who buy low and sell high just need to get information on the right coin to buy so also do investors that hold for long need the right project (token/coin) to invest. Title: Re: trading is good for traders with passive mindset Post by: kamvreto on September 10, 2022, 02:09:51 PM Trading is all about knowledge and emotional state battle when it comes into decision making that's the reason why if you want to commit a trade always be mindful about the possible situations might come and arise during your trading because it is volatile anything can happen and get easily manipulated in the market. Remember that a professionally successful trader know both when to buy and when to sell. Not just hold. You have to recycle the money otherwise it ends up giving no return value to you. they are professional traders who have done the analysis before starting to buy and sell. they have a price prediction that will be achieved. but about recycling money, it depends on the strategy they use. Maybe using 2 strategies such as holding for the long term and continuing to recycle money for profit or it can be said as a scalping method. Title: Re: trading is good for traders with passive mindset Post by: Digital_Lord on September 10, 2022, 04:33:50 PM Those people who are realistic and just focus on present purpose can actively do trading. There are numerous things which are to be kept authorized for the purpose of gaining interest. Crypto trading is almost done with the help of speculation, those who have alert and sharp minds are in my opinion will have more futuristic impact on their economy.
Title: Re: trading is good for traders with passive mindset Post by: sana54210 on September 11, 2022, 06:34:31 PM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. Crypto Trading has more description, like buying low and sell high, buy low or high and hold for long time, lastly, trading crypto on CEX (centralized exchange) future trading. To carry out future trading, one must really learn very well and understand a lot of skills or will face the risk of losing their funds a lot. Traders who buy low and sell high just need to get information on the right coin to buy so also do investors that hold for long need the right project (token/coin) to invest.It means I will be able to earn staking rewards from ETH soon enough, and even if I do not have 32 ETH there are pools so it's fine. I would like to achieve something like that on bitcoin too but looks to be quite difficult to achieve, ETH is a blockchain related reward, BTC would be another thing. Both of them at at least 5% would be great, at least I would be getting something instead of waiting. Title: Re: trading is good for traders with passive mindset Post by: South Park on September 11, 2022, 07:17:43 PM The buy low and hold for a long time is the perfect one, it's literally the best type of investment I have made so far and I am looking to expand on that. My money is on bitcoin, ethereum, and a bit on other stuff but a whole lot, those are unimportant. The holding strategy is without a doubt one of the most effective ones that exist, I know that some people believe that it is too simplistic and easy to implement, and maybe they are right but what matters at the end of the day is that whatever you do is effective, and holding your coins for a very long time has proven to be one of the best strategies that you can implement in this market, or any market by the way, so if there is someone that wants to implement a more advanced strategy they should at first master how to hold their coinsIt means I will be able to earn staking rewards from ETH soon enough, and even if I do not have 32 ETH there are pools so it's fine. I would like to achieve something like that on bitcoin too but looks to be quite difficult to achieve, ETH is a blockchain related reward, BTC would be another thing. Both of them at at least 5% would be great, at least I would be getting something instead of waiting. Title: Re: trading is good for traders with passive mindset Post by: seleme on September 11, 2022, 08:26:12 PM The buy low and hold for a long time is the perfect one, it's literally the best type of investment I have made so far and I am looking to expand on that. My money is on bitcoin, ethereum, and a bit on other stuff but a whole lot, those are unimportant. The holding strategy is without a doubt one of the most effective ones that exist, I know that some people believe that it is too simplistic and easy to implement, and maybe they are right but what matters at the end of the day is that whatever you do is effective, and holding your coins for a very long time has proven to be one of the best strategies that you can implement in this market, or any market by the way, so if there is someone that wants to implement a more advanced strategy they should at first master how to hold their coinsIt means I will be able to earn staking rewards from ETH soon enough, and even if I do not have 32 ETH there are pools so it's fine. I would like to achieve something like that on bitcoin too but looks to be quite difficult to achieve, ETH is a blockchain related reward, BTC would be another thing. Both of them at at least 5% would be great, at least I would be getting something instead of waiting. HODL does not answer all questions about how to be profitable in the long run since the unpredictable risks can destroy this strategy suddenly. Swing trading and long-term market analysis are way more profitable rather than adding more stacks on each downtrend, IMHO. Depending on the trading style, each trader should choose which method suits him better. Title: Re: trading is good for traders with passive mindset Post by: TheUltraElite on September 13, 2022, 10:32:42 AM Those people who are realistic and just focus on present purpose can actively do trading. There are numerous things which are to be kept authorized for the purpose of gaining interest. Crypto trading is almost done with the help of speculation, those who have alert and sharp minds are in my opinion will have more futuristic impact on their economy. The purpose is making profit from market movment and this is easily said than done. Panic and frustration are common in a speculative market and crypto is no exception. But to handle the market as just numbers influenced by whatever damn reasons, is an art and the traders who are here for long have mastered this art of ignoring the world and trading just on the basis of charts and patterns. Simple thing of buying low selling high is enough to make profit. Passive or active does not matter that much. Title: Re: trading is good for traders with passive mindset Post by: Vaculin on September 13, 2022, 11:17:17 PM So trading suits people with passive mindset as they make Profits and these set of people always have a way of handling or escaping the bear market. Trading suits those who can remain calm in a bear market and in a bull market. Trading is not just about making profits but know how to make and when to make profits. If the goal in trading is to profit and not learn the process then it is going to end up as a chore.What most traders get wrong is that they take up trading as another earning mode which is wrong. A speculative market is good for making side earnings but should not be viewed as a main earning. For this the passive mindset does not matter, what does matter is that you get into the right coin at that right time. Title: Re: trading is good for traders with passive mindset Post by: dunfida on September 14, 2022, 11:38:03 PM So trading suits people with passive mindset as they make Profits and these set of people always have a way of handling or escaping the bear market. Trading suits those who can remain calm in a bear market and in a bull market. Trading is not just about making profits but know how to make and when to make profits. If the goal in trading is to profit and not learn the process then it is going to end up as a chore.What most traders get wrong is that they take up trading as another earning mode which is wrong. A speculative market is good for making side earnings but should not be viewed as a main earning. For this the passive mindset does not matter, what does matter is that you get into the right coin at that right time. active engagement with the market price volatility which does involved such actions which is comparable into those people who had just been simply waiting for a long time before they would make some sell action. Being passive isnt really that bad but ofcourse when it comes to profit taking and chances then it would be entirely be different into those people actively dealing up with the volatility. Title: Re: trading is good for traders with passive mindset Post by: Finestream on September 15, 2022, 09:47:37 PM Those people who are realistic and just focus on present purpose can actively do trading. There are numerous things which are to be kept authorized for the purpose of gaining interest. Crypto trading is almost done with the help of speculation, those who have alert and sharp minds are in my opinion will have more futuristic impact on their economy. Traders with a lot of determination, focus and patience are most likely to become successful in the end. But for those who only trade for profits and are just waiting for the opportunities to come, I guess they will be left behind as smart and passive traders will always look for opportunities where they can grow their income, and not just only waiting for it to happen.Title: Re: trading is good for traders with passive mindset Post by: Hypnosis00 on September 15, 2022, 10:56:53 PM Those people who are realistic and just focus on present purpose can actively do trading. There are numerous things which are to be kept authorized for the purpose of gaining interest. Crypto trading is almost done with the help of speculation, those who have alert and sharp minds are in my opinion will have more futuristic impact on their economy. Traders with a lot of determination, focus and patience are most likely to become successful in the end. But for those who only trade for profits and are just waiting for the opportunities to come, I guess they will be left behind as smart and passive traders will always look for opportunities where they can grow their income, and not just only waiting for it to happen.Title: Re: trading is good for traders with passive mindset Post by: Wawa2013 on September 15, 2022, 11:45:41 PM Those people who are realistic and just focus on present purpose can actively do trading. There are numerous things which are to be kept authorized for the purpose of gaining interest. Crypto trading is almost done with the help of speculation, those who have alert and sharp minds are in my opinion will have more futuristic impact on their economy. Traders with a lot of determination, focus and patience are most likely to become successful in the end. But for those who only trade for profits and are just waiting for the opportunities to come, I guess they will be left behind as smart and passive traders will always look for opportunities where they can grow their income, and not just only waiting for it to happen.It's true to avoid negative thinking patterns if we want to be successful in trading, because something negative will make us wrong in making decisions. That's why we have to make the right preparations before starting trading, so that our minds remain positive even though the market is in a bad situation. As you said we have to keep our mind positive, so that our steps are right and take the right decisions too. That's why trading is not easy, because to be successful in trading there are many things we have to do. Including how our mindset should be positive. If our mindset is positive, it will make us find solutions to every problem that occurs when trading. Title: Re: trading is good for traders with passive mindset Post by: jossiel on September 15, 2022, 11:59:09 PM Traders with a lot of determination, focus and patience are most likely to become successful in the end. But for those who only trade for profits and are just waiting for the opportunities to come, I guess they will be left behind as smart and passive traders will always look for opportunities where they can grow their income, and not just only waiting for it to happen. Every trader has that quality of waiting for the profits, even investors and those speculators. We're all for the profits, no matter what qualities we have.We all will meet in the end by having that reason. But the difference is that those that are determined, they'll make themselves find a way to be profitable and stable in trading. They'll collect every lesson, data and experience they've gained through the losses they incurred. Title: Re: trading is good for traders with passive mindset Post by: AicecreaME on September 16, 2022, 12:57:50 AM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. But not all of the people who are willing to spend a lot of time in trading with their persistency and perseverance are going to have the skills later on, it's not happening to everyone. So it is important to have a self-realization, whether it is worthy to continue the path in trading world or to try something new that is still related in cryptocurrency. Because the other scenario that's happening is that a trader ignoring the signs that he isn't suitable in trading world, and forcing himself to spend more money and time in trading but only will get frustrations and losses. Title: Re: trading is good for traders with passive mindset Post by: gunhell16 on September 16, 2022, 03:13:15 AM Trading is good for everyone who wants to learn it here in this cryptocurrency industry. The more that you always do trading in the exchanges, you will learn quickly because you can see immediately the dos and don'ts of an individual trader.
So the actual is better than just the theory, the theory and the actual must be balanced because if it is done correctly, it is also guaranteed that in the end, you will get a good income in the future. Traders with a lot of determination, focus and patience are most likely to become successful in the end. But for those who only trade for profits and are just waiting for the opportunities to come, I guess they will be left behind as smart and passive traders will always look for opportunities where they can grow their income, and not just only waiting for it to happen. Oh, you're right there, there are a lot of such sleazy traders these days. Although I'm not saying that trading income is not important, I guess my point is that we should consider that having enough knowledge about it will lead us to a good future income than if you know how to trade but you lack ideas and knowledge on this matter. That's why you/we should not be wild and look like money, then this crypto trading is the way you/we see things that are not right. Title: Re: trading is good for traders with passive mindset Post by: so98nn on September 16, 2022, 02:44:25 PM Laggy you say? When wolf of Wall Street guys were having drugs on board to keep their mind alerted at all times for until the last digit on trade screen that hit me very hard man. While trading large numbers of trades at the same time with handsome amount of money you can’t go laggy. Even with the slightest blink of an eye at right time of sell or buy could bring things down in trading. Well this is for day trading. In fact in case of crypto currencies it’s even harder since the market is way way volatile. Anyone getting into trading should treat it as most important part of their job.
Title: Re: trading is good for traders with passive mindset Post by: Mpamaegbu on September 16, 2022, 11:12:12 PM Yes exactly because a person with sharp mind will realize good things that will help him to achieve goals, he will always focus on the price of market and the coins which are the best to buy and sell. A person who is best in creating specific strategies and behave according to it will be a successful trader. A successful trader do not thing according to his emotions but act according to his mind. Whatever you were trying to say here was obviously lost in transit. However, all I can say here based on the little I (think) garnered is that control of one's emotions is key in trading, whether losing or gaining. This is where so many traders have fallen short. They get scared when losing and can't focus on their trading plan when that happens. While winning, they get too excited and carried away and can't concentrate. Trading psychology should push every trader into putting their emotions in check. Most trading plans fail because of lack of this and not because the strategies aren't good. Title: Re: trading is good for traders with passive mindset Post by: TelolettOm on September 16, 2022, 11:49:07 PM Trading is good for everyone who wants to learn it here in this cryptocurrency industry. The more that you always do trading in the exchanges, you will learn quickly because you can see immediately the dos and don'ts of an individual trader. It is true, trading should be for a person who wants to learn. But we know that not everyone has an intention to learn seriously, many of them just trade without learning something new. Trading on the exchanges may lead us to many new things to know, but there are lazy people who don't take attention to learning. So, trading is basically not for everyone, it is for a diligent person only.Title: Re: trading is good for traders with passive mindset Post by: Awaklara on September 17, 2022, 02:23:47 AM Trading is good for everyone who wants to learn it here in this cryptocurrency industry. The more that you always do trading in the exchanges, you will learn quickly because you can see immediately the dos and don'ts of an individual trader. It is true, trading should be for a person who wants to learn. But we know that not everyone has an intention to learn seriously, many of them just trade without learning something new. Trading on the exchanges may lead us to many new things to know, but there are lazy people who don't take attention to learning. So, trading is basically not for everyone, it is for a diligent person only.because there are people who have the character to work in the field. meaning that he is happy with the activities his body does to make money. but some people like to be in the office or work leisurely from home. even the people who keep the shop can also trade in the crypto market. It is possible that trading crypto assets can indeed be done by anyone. but everyone's persistence will be different. that's what makes every trader's development different. Title: Re: trading is good for traders with passive mindset Post by: andriarto on September 17, 2022, 03:56:23 AM Trading is good for everyone who wants to learn it here in this cryptocurrency industry. The more that you always do trading in the exchanges, you will learn quickly because you can see immediately the dos and don'ts of an individual trader. It is true, trading should be for a person who wants to learn. But we know that not everyone has an intention to learn seriously, many of them just trade without learning something new. Trading on the exchanges may lead us to many new things to know, but there are lazy people who don't take attention to learning. So, trading is basically not for everyone, it is for a diligent person only.Title: Re: trading is good for traders with passive mindset Post by: CPNpr on September 17, 2022, 04:02:04 AM Trading is good for everyone who wants to learn it here in this cryptocurrency industry. The more that you always do trading in the exchanges, you will learn quickly because you can see immediately the dos and don'ts of an individual trader. It is true, trading should be for a person who wants to learn. But we know that not everyone has an intention to learn seriously, many of them just trade without learning something new. Trading on the exchanges may lead us to many new things to know, but there are lazy people who don't take attention to learning. So, trading is basically not for everyone, it is for a diligent person only.Title: Re: trading is good for traders with passive mindset Post by: fullhdpixel on September 17, 2022, 08:50:49 PM Laggy you say? When wolf of Wall Street guys were having drugs on board to keep their mind alerted at all times for until the last digit on trade screen that hit me very hard man. While trading large numbers of trades at the same time with handsome amount of money you can’t go laggy. Even with the slightest blink of an eye at right time of sell or buy could bring things down in trading. Well this is for day trading. In fact in case of crypto currencies it’s even harder since the market is way way volatile. Anyone getting into trading should treat it as most important part of their job. Using drugs only to make you alert is bad because drugs has some side effects but there are still other safer way like drinking a cup of strong coffee for example. In trading, we have crypto bots and that can help you automate the process. That way there is no need for us to monitor our screens 24/7. Why not use them instead? Cryptocurencies are more volatile but it's also more profitable.This is why many traders starting to like cryptos and they are now transferring here. Trading should be treated like a job because our hard earned money is at risk here and I think none of us like it when they lose, although losing is part of the game. Title: Re: trading is good for traders with passive mindset Post by: Shasha80 on September 17, 2022, 09:43:02 PM Laggy you say? When wolf of Wall Street guys were having drugs on board to keep their mind alerted at all times for until the last digit on trade screen that hit me very hard man. While trading large numbers of trades at the same time with handsome amount of money you can’t go laggy. Even with the slightest blink of an eye at right time of sell or buy could bring things down in trading. Well this is for day trading. In fact in case of crypto currencies it’s even harder since the market is way way volatile. Anyone getting into trading should treat it as most important part of their job. Using drugs only to make you alert is bad because drugs has some side effects but there are still other safer way like drinking a cup of strong coffee for example. In trading, we have crypto bots and that can help you automate the process. That way there is no need for us to monitor our screens 24/7. Why not use them instead? Cryptocurencies are more volatile but it's also more profitable.This is why many traders starting to like cryptos and they are now transferring here. Trading should be treated like a job because our hard earned money is at risk here and I think none of us like it when they lose, although losing is part of the game. I agree we should avoid using drugs, because the effects of drug addiction will make our lives messy. There are many ways to make us more able to concentrate, drinking coffee can be a good alternative, although drinking coffee in excess is not good too. Therefore I suggest drinking green tea that can make our minds calmer and can make good decisions. And most importantly don't forget to eat nutritious food and be diligent in exercising, it greatly affects our concentration when trading. A healthy body allows us to think more critically when trading. Then the use of trading bots I prefer to avoid it, because several times I used trading bots the results did not meet my expectations. However trading bots have some drawbacks, so I prefer manual trading for now. Moreover, monitoring the market can be done anywhere using our smartphones, so we can still do other activities. Then when trading we must be willing to suffer losses, because as you said losses are part of trading. Even professional traders who make trading their main job still suffer losses, because they cannot avoid losses, what we can do is minimize losses. If we absolutely do not want to lose, it means trading is not suitable for you. Title: Re: trading is good for traders with passive mindset Post by: TheUltraElite on September 19, 2022, 04:58:16 PM The main thing needed for chatting is to have patience if you lose patience you will never improve you will always lose so I think first of all you have to be patient to trade then if you can make your trade Then one will be good for you and if not you will have to face many hurdles Patience is important no doubt, without it anything in this world becomes difficult. Trading is one place with both patience, budget management and quick decision making make a difference.In a passive way, you have to be patient or you will miss out on good buy/sell prices. Like currently the price of bitcoin is on the lower side, but buying pressure is there, so you can buy, but lower prices are also possible. Trading by itself is a tricky process to master and no trade will ever be a loss in spot trading if you are buying bitcoin at a lower than average price. Title: Re: trading is good for traders with passive mindset Post by: TheUltraElite on September 24, 2022, 07:09:34 AM Yes especially if you are in this bear market, you invested in bear market we should be prepare for losses as well, not all our investment are designed in linear ptter that makes us win often of will not lose so easily.. People find hard to be patient at first but sooner or later once they understand crypto and the different cycles as well they know how to read charts in different ways will help them to be rich soon. This habit of hanging in the market even when it goes up or down is important for new traders. What I have seen is that most of them leave trading too early because they encountered losses, the losing mindset. This quitter mindset will not carve a good trader.Instead dummy trading solves a lot of these problems. By doing dummy, they will be sensitised to the events that commonly happen and not get crazy over ups and downs. Sooner or later it is the ones who stick to the market and be determined about their investments are the one who end up as hardened traders. Title: Re: trading is good for traders with passive mindset Post by: Oneandpure on September 24, 2022, 04:40:24 PM Yes especially if you are in this bear market, you invested in bear market we should be prepare for losses as well, not all our investment are designed in linear ptter that makes us win often of will not lose so easily.. People find hard to be patient at first but sooner or later once they understand crypto and the different cycles as well they know how to read charts in different ways will help them to be rich soon. Bear market most excited to invest and many people blame they have bough bitcoin and altcoin on higher price before panic moment coming when bitcoin price drop drastically. Many people can't patient waiting for bitcoin and market crash because they try how to earn profit as soon possible without waiting right time for investing with bitcoin or altcoin, just take care how effective earn profit every time without care with bear market.Have been unusual mistake made by beginner investors always panic moment to buy when price pump and can't waiting few days later for bitcoin back to lower price, I think this mindset have change by all investor if want take risk from losing much money when investing with bitcoin, need find good tips begin trading by change mindset most patient waiting with market have right time for etriying. Title: Re: trading is good for traders with passive mindset Post by: dunfida on September 24, 2022, 08:59:23 PM Yes especially if you are in this bear market, you invested in bear market we should be prepare for losses as well, not all our investment are designed in linear ptter that makes us win often of will not lose so easily.. People find hard to be patient at first but sooner or later once they understand crypto and the different cycles as well they know how to read charts in different ways will help them to be rich soon. This habit of hanging in the market even when it goes up or down is important for new traders. What I have seen is that most of them leave trading too early because they encountered losses, the losing mindset. This quitter mindset will not carve a good trader.Instead dummy trading solves a lot of these problems. By doing dummy, they will be sensitised to the events that commonly happen and not get crazy over ups and downs. Sooner or later it is the ones who stick to the market and be determined about their investments are the one who end up as hardened traders. You cant really just stand back and wait for the price to climb up high unless if you are a holder then it would be your choice on being that passive or idle. We could really differentiate between passive and active traders and this would really be basing up into their own preference considering that every aspect of our actions will be depending into our own goals and perspective into our investment. Title: Re: trading is good for traders with passive mindset Post by: globalpain on September 24, 2022, 10:21:31 PM People get hooked, quit their jobs, borrow more money and if they timing is off, well you know how it ends. Look at how many people were expecting $100K and most never took profits in the $60k. Same with those AMC and GME meme stocks. the crypto market is indeed constantly moving and that is what makes it not easy to predict, besides that it is also important to follow developments, we can do this by following the latest news and it can also be by monitoring directly on the market Title: Re: trading is good for traders with passive mindset Post by: gunhell16 on September 27, 2022, 08:29:23 AM Those people who are realistic and just focus on present purpose can actively do trading. There are numerous things which are to be kept authorized for the purpose of gaining interest. Crypto trading is almost done with the help of speculation, those who have alert and sharp minds are in my opinion will have more futuristic impact on their economy. The practice of crypto trading in this industry requires a different plan, knowledge, and ideas to raise income in the future. It is not possible here in crypto trading to just rely on luck because it is not designed for luck alone. Rather, it was created to provide an opportunity to anyone who wants to have savings or income in the future. That's why the only people who often make money here are those who target how much they want to earn every day, weekly, monthly, or yearly. Second, he knows how far he will stop losing. Since individual traders will do it this way, I am sure it will have a good result in the end. Title: Re: trading is good for traders with passive mindset Post by: Bhig Daddy on September 28, 2022, 05:52:28 AM It's not all true, in my opinion. Everyone has a different method for understanding new concepts more quickly. similar to someone who studies trading tools and analysis Everyone has a method for learning quickly and easily.
a few people who just concentrate on cryptocurrency trading. For everyday profit, I'm confident they have good observational skills and experience. but it won't require spending the entire day in front of the computer. Experienced traders are quite knowledgeable about when to enter and exit transactions. Title: Re: trading is good for traders with passive mindset Post by: Davidvictorson on September 28, 2022, 06:12:03 AM It's for everyone. Yes, I agree. Trading is for everyone but not for those who are too emotional. Those who will quickly close the trade shortly after opening it. There are also those who fail to analyze the chart before entering the trade, or those who fail to calculate the risk-to-reward ratio, ignore patterns, or even those who know very well that they have not established an account size sufficient for profit, but proceed with the trade anyway.Whoever wants to trade, they can try it. Passive or active, it's for them and what matters here is on how they know what they're doing. Trading isn't as easy as the mindset that we have. It's actually a hard thing to do and most of the traders are even losing. If you get to know more about trading and you're accepting the risk of it, then it's for you. Title: Re: trading is good for traders with passive mindset Post by: Yamifoud on September 28, 2022, 11:12:18 AM It's for everyone. Yes, I agree. Trading is for everyone but not for those who are too emotional. Those who will quickly close the trade shortly after opening it. There are also those who fail to analyze the chart before entering the trade, or those who fail to calculate the risk-to-reward ratio, ignore patterns, or even those who know very well that they have not established an account size sufficient for profit, but proceed with the trade anyway.Whoever wants to trade, they can try it. Passive or active, it's for them and what matters here is on how they know what they're doing. Trading isn't as easy as the mindset that we have. It's actually a hard thing to do and most of the traders are even losing. If you get to know more about trading and you're accepting the risk of it, then it's for you. Title: Re: trading is good for traders with passive mindset Post by: gabbie2010 on September 28, 2022, 04:14:06 PM It's not all true, in my opinion. Everyone has a different method for understanding new concepts more quickly. similar to someone who studies trading tools and analysis Everyone has a method for learning quickly and easily. There are traders that do scalp trade thus will have to monitor their trade every now and then, again they have to spend considerably time in front of the laptop or computer considering the high volatility nature of the price of cryptos and such traders after acquiring all the necessary skills and knowledge of trading these categories of crypto traders must have a passive mindset while there are long term crypto traders who might be trading with a minimum of daily frame, 3 day timeframe even weekly timeframe chart with reference to Binance trading platform such categories traders needed fewer time to analyze a trade without persistent monitoring of trades although have to be well updated and informed of upcoming fundamental news relating to cryptos which can make or mar their trades.a few people who just concentrate on cryptocurrency trading. For everyday profit, I'm confident they have good observational skills and experience. but it won't require spending the entire day in front of the computer. Experienced traders are quite knowledgeable about when to enter and exit transactions. Title: Re: trading is good for traders with passive mindset Post by: sana54210 on September 29, 2022, 06:03:33 PM Trading is for everyone but not for those who are too emotional. Those who will quickly close the trade shortly after opening it. There are also those who fail to analyze the chart before entering the trade, or those who fail to calculate the risk-to-reward ratio, ignore patterns, or even those who know very well that they have not established an account size sufficient for profit, but proceed with the trade anyway. I guess you are wrong, maybe you've mean is that trading welcomes everyone" because the truth is that trading is not for everyone. As you have mentioned those emotional people will likely not take risk and time in trading but rather find the place where they can do the right things and decision, and the place where they are comfortable with. Of course, I'll do the same and reject the opportunity in trading coz I know in myself that it was hard for me and I can't handle the stress anymore. But, there are a lot of people who still do it and that is the type of people who end up losing money and I would highly suggest that you should be careful when trading, learn as much as you can before you start to trade. Title: Re: trading is good for traders with passive mindset Post by: Rengga Jati on September 29, 2022, 11:51:31 PM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. Passive mindset?I'm still a bit confused by the OP's version of the Passive Mindset pattern. Trading activities are not simple things, but complex things that must require several things at one time in order to get maximum results. Being a full time trader can sometimes be very worthy, especially if we are really professional and understand various market activities and solutions. And this requires a variety of knowledge, experience, and very good considerations to make a decision at the right time. Trading is not easy, especially for beginners. It's true, if we really want to devote or become full traders, we must first prepare ourselves with various knowledge, disciplines, and good management skills. And it will also not be suitable for anyone who is easy to lose control, can't stand the pressure, doesn't want to learn, or doesn't want to analyze. Title: Re: trading is good for traders with passive mindset Post by: Pandu Geddon on September 30, 2022, 01:38:41 AM Unfortunately, there are a lot of people who are not entirely sure what's going to happen and they still trade. Think about it this way, you do not know what fundamental is, and you do not know what technical analysis is, no indicator knowledge, no understanding of charts, you have absolutely no understanding of any of it at all and you still trade. That would be something terrible, isn't it? I mean what are you going to trade base from? I believe such trading practices are still happening. many who do it are new traders and those who join trading signal groups. so they don't have to hone all those skills. just waiting for the signal given in the group.But, there are a lot of people who still do it and that is the type of people who end up losing money and I would highly suggest that you should be careful when trading, learn as much as you can before you start to trade. it's not recommended for that. but the reality today, many traders also follow signals that are not necessarily successful. Title: Re: trading is good for traders with passive mindset Post by: ibuddy122505 on September 30, 2022, 02:50:09 AM Unfortunately, there are a lot of people who are not entirely sure what's going to happen and they still trade. Think about it this way, you do not know what fundamental is, and you do not know what technical analysis is, no indicator knowledge, no understanding of charts, you have absolutely no understanding of any of it at all and you still trade. That would be something terrible, isn't it? I mean what are you going to trade base from? I believe such trading practices are still happening. many who do it are new traders and those who join trading signal groups. so they don't have to hone all those skills. just waiting for the signal given in the group.But, there are a lot of people who still do it and that is the type of people who end up losing money and I would highly suggest that you should be careful when trading, learn as much as you can before you start to trade. it's not recommended for that. but the reality today, many traders also follow signals that are not necessarily successful. This will never stop as long as newbies keep entering the market. They enter the market wanting to make money but don't want to do anything, don't want to study hard to get good results, instead they think they can depend on others to also succeed. It is with such backward thinking that creates opportunities for scammers to create signal groups to collect fees or seek to entice them to invest in scam projects. Until they lose, they will realize what they should do to continue to be good traders. The resources available to us at the moment are greater than ever before. The market isn't the only thing growing, but our trading mindset has also changed over time. As a result of having less information about the market, trading signal groups still work. As a result, it is not going to work for a long time, since there are so many resources out there that unhealthy things like falling into trouble or investing in scam projects are less likely to happen. Title: Re: trading is good for traders with passive mindset Post by: kelonmusk on September 30, 2022, 03:37:07 AM I think, trading in cryptocurrency is all about risk and reward; if you are not willing to take risks, you will not be able to feel the benefits of trading. Set aside some free time to practice and analyze coins.
That's why it's all about mindset—people who have the right mindset, and practice patience will be successful in trading. Title: Re: trading is good for traders with passive mindset Post by: blue_hurricanger on September 30, 2022, 10:37:55 AM Sound like trading is good for people with day jobs, only trade when they have free time, on the weekend or something. You know, you don't need to rigid yourself to some mindset. Want to have a passive mindset? Just work on something, keep yourself busy, or maybe just have a full-time job. There, you can't check on the chart for a few minutes, leading to FOMO or fear of being dumped, making unwise trade because of the pressure from it.
See how many times traders talk about diamond hand hodl? I know some diamond hand hodl are just simple people who completely forgot about their investment. Title: Re: trading is good for traders with passive mindset Post by: Bhig Daddy on September 30, 2022, 02:50:56 PM It is evident that learning a lot about trading over time is necessary if you want to trade and make a profit in order to maximize your gains. Because you want to make money from trading, even though it may be a busy endeavor, it is well worth trying. Learning more about trading will help you develop analytical skills, help you decide which coins are worth trading, and other things. Trading education never ends unless you choose to stop.
Title: Re: trading is good for traders with passive mindset Post by: ShowOff on September 30, 2022, 04:52:31 PM I think, trading in cryptocurrency is all about risk and reward; if you are not willing to take risks, you will not be able to feel the benefits of trading. Yes, that's one of the many meanings of crypto trading that users have been talking about.The higher the risk, the higher the probability of return. Everyone has a strategy that may differ from one user to another about trading. For me it's not a problem, because in the end each strategy aims to make a profit regardless of the size of the gain. The mindset about good trading will be formed by experience and knowledge, this is not instant and for that they have to learn and invest a lot of time there. Title: Re: trading is good for traders with passive mindset Post by: globalpain on September 30, 2022, 10:28:03 PM I think, trading in cryptocurrency is all about risk and reward; if you are not willing to take risks, you will not be able to feel the benefits of trading. Yes, that's one of the many meanings of crypto trading that users have been talking about.The higher the risk, the higher the probability of return. Everyone has a strategy that may differ from one user to another about trading. For me it's not a problem, because in the end each strategy aims to make a profit regardless of the size of the gain. The mindset about good trading will be formed by experience and knowledge, this is not instant and for that they have to learn and invest a lot of time there. keep the mindset that profits can be achieved in an instant way and it's just bullshit, the most important thing is to keep learning to improve either knowledge or skills Title: Re: trading is good for traders with passive mindset Post by: rendravolt on October 01, 2022, 08:01:44 PM It is evident that learning a lot about trading over time is necessary if you want to trade and make a profit in order to maximize your gains. Because you want to make money from trading, even though it may be a busy endeavor, it is well worth trying. Learning more about trading will help you develop analytical skills, help you decide which coins are worth trading, and other things. Trading education never ends unless you choose to stop. Maybe if we talk about trading basics we already know. But every year there must be something new and that's the knowledge of the trade, don't let us not know. It's a good idea to make the most of your existing experience to try out new challenges in trading so you know the best way to make big money with less losses. Title: Re: trading is good for traders with passive mindset Post by: len01 on October 28, 2022, 03:02:25 AM I believe such trading practices are still happening. many who do it are new traders and those who join trading signal groups. so they don't have to hone all those skills. just waiting for the signal given in the group. yes, that kind of thing is not good for the future because sometimes an uncertain signal can one day become a trap for personal gain by the signaler.it's not recommended for that. but the reality today, many traders also follow signals that are not necessarily successful. and dependence on trading signals provided by the telegram group or by others will mislead the beginners and will make the trader not have his own skills or knowledge in the field of trading. even though for trading the most appropriate is your own analysis Title: Re: trading is good for traders with passive mindset Post by: borovichok on October 29, 2022, 08:04:40 PM I believe such trading practices are still happening. many who do it are new traders and those who join trading signal groups. so they don't have to hone all those skills. just waiting for the signal given in the group. Trading with signals have really help most traders in the market because they make cool cash especially the busy ones that have other works running. It's only the idle traders that put all their time in trading and makes it an addiction. Trading with accurate signals, although not all sometimes yields profits but they reduce the level of loss and liquidation of trading accounts in the market. Every trader have their own strategy which they uses to earn profits in the market.it's not recommended for that. but the reality today, many traders also follow signals that are not necessarily successful. Title: Re: trading is good for traders with passive mindset Post by: Bhig Daddy on October 29, 2022, 08:52:21 PM The problem with trading in cryptocurrencies and stocks in general is that most people begin trading during a bull market. You are all aware of how open to trading bull markets are.
If the timing is off, well, you know how it ends. People get hooked, quit their jobs, take out more loans, and so on. Consider how many people expected to make $100,000, but the majority only made $60,000. The same is true for the meme stocks AMC and GME. Title: Re: trading is good for traders with passive mindset Post by: Mr.right85 on October 29, 2022, 11:10:37 PM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. I always believed crypto currency trading does not care about your ''emotions'' so irregardless of what kind of individual ''we are'' it does not stop or prevent traders from accumulating losses or profits. Most of all, in the world of business and investments. Your lose is someone else's gain and depending on the side you fall as to a business, you get to deal with it. Should you have profited, it would have been someone else's lose. Trading remains a highly professionalised field and no one with an intent of just trying it for a time should venture. Your sure going to have a bad experience with the market as those trading that market with you are in for the real deal and that is, after every penny in the market. So when you start, be sure to go all the way to study and practice. Title: Re: trading is good for traders with passive mindset Post by: kapalmabur on October 30, 2022, 10:40:58 AM It is evident that learning a lot about trading over time is necessary if you want to trade and make a profit in order to maximize your gains. Because you want to make money from trading, even though it may be a busy endeavor, it is well worth trying. Learning more about trading will help you develop analytical skills, help you decide which coins are worth trading, and other things. Trading education never ends unless you choose to stop. Yes, I think so too. The biggest thing for trading is to have a good mindset. Which coin you trade and when will depend entirely on you. The more time you spend on trading, the more experience you will gain. But we must always keep one thing in mind. We can't trade with wrong decisions, it will sometimes cause us loss.with the amount of time we spend on trading it will also affect our mindset, that's why making a decision is not that easy and it takes a lot of consideration before deciding Title: Re: trading is good for traders with passive mindset Post by: blockman on October 30, 2022, 10:44:47 AM The problem with trading in cryptocurrencies and stocks in general is that most people begin trading during a bull market. You are all aware of how open to trading bull markets are. That's true and one thing for sure is that people only notice the market when it's in a bull market. But they don't want to invest when the market is so low and down just like this one.If the timing is off, well, you know how it ends. People get hooked, quit their jobs, take out more loans, and so on. Consider how many people expected to make $100,000, but the majority only made $60,000. The same is true for the meme stocks AMC and GME. Those were the mistakes that they've made. Because they're new and don't know the cycles of the market, they're very much invested through hype and they're overwhelmed with the market is showing to them.Title: Re: trading is good for traders with passive mindset Post by: TheUltraElite on November 08, 2022, 11:16:17 AM A good mindset certainly doesn't just form because it all takes a process and sometimes in this case someone wants something instant, It mean experience allows people to make quick but correct decision but lack of the same leads to quick but rarely correct decisions. This comes with practice but that practice of trading will not come unless you put determination into it. Being one of those people who take to the market only when there is some rush happening and then stop when the dump starts is not going to cut the deal.with the amount of time we spend on trading it will also affect our mindset, that's why making a decision is not that easy and it takes a lot of consideration before deciding It can be done nicely by dummy trading in a serious manner, but I am sure newbies have heard of these advises but dont care much. The passive or aggressive mindset does not matter, but the diligent mindset works. Title: Re: trading is good for traders with passive mindset Post by: Nuraiuii on November 10, 2022, 01:32:17 AM Trading is not easy and it is not for everyone. To trade and profit, you have to learn and adapt to things, be willing to learn, spend time and effort, learn more knowledge and strategies of trading to get as much profit as possible. It is also very important to control our emotions. A good mindset is likely to succeed in trading, don't panic easily, and those who want a quick profit may end up failing. Title: Re: trading is good for traders with passive mindset Post by: martyns on November 10, 2022, 02:42:56 PM To trade on a trading platform, you must be very intelligent and skilled. Trading can never be done by guesswork. Those who trade by guesswork and do not trade by following trading signals always end up losing. Market conditions should always be followed. Those who can trade by analyzing each indicator can achieve the success of the trading platform. I always say trading with a passive mindset you need to have a lot of experience in this trading platform you will lose in all aspects of the trading platform. Trading is made easy if one can undergo the proper or lay a strong foundation when opening trading position. Skilled traders tends to make losses, because no one is perfect in the market and been skilled only helps to reduce or maximize the losing rate. Also trading with passive mind helps one to achieved a target rather than been greedy and losing in trading positions. Having a lengthy experience also matters and it have really been a good aide to me, although I'm not yet an expert. Title: Re: trading is good for traders with passive mindset Post by: monineklutak on November 10, 2022, 02:57:31 PM To trade on a trading platform, you must be very intelligent and skilled. Trading can never be done by guesswork. Those who trade by guesswork and do not trade by following trading signals always end up losing. Market conditions should always be followed. Those who can trade by analyzing each indicator can achieve the success of the trading platform. I always say trading with a passive mindset you need to have a lot of experience in this trading platform you will lose in all aspects of the trading platform. Trading is made easy if one can undergo the proper or lay a strong foundation when opening trading position. Skilled traders tends to make losses, because no one is perfect in the market and been skilled only helps to reduce or maximize the losing rate. Also trading with passive mind helps one to achieved a target rather than been greedy and losing in trading positions. Having a lengthy experience also matters and it have really been a good aide to me, although I'm not yet an expert. basically profit or loss is part of trading and every trader has experienced that, the more experience it will make us better Title: Re: trading is good for traders with passive mindset Post by: sulendra12 on November 10, 2022, 08:44:45 PM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. You need to actually check the price often and doing some trading analysis to actually earn something in trading, you have to be active to achieve something from trading. But, I would say holding is a passive mindset where you can just wait for the price at the best price possible or within your goal and then just sell it. I think it's more appropriate to put it that way. Although "laggy mindset" is still no no in trading.Title: Re: trading is good for traders with passive mindset Post by: Derrickiell on November 12, 2022, 03:00:12 AM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. The volatile crypto market is unpredictable and most traders experience losing money. When trading, you need enough time to learn and adapt to things, control your emotions and maintain a good attitude, consider buying and selling after proper analysis to obtain as much profit as possible, and also bear the corresponding trading risks. Title: Re: trading is good for traders with passive mindset Post by: Mauser on November 12, 2022, 07:03:27 AM To trade on a trading platform, you must be very intelligent and skilled. Trading can never be done by guesswork. Those who trade by guesswork and do not trade by following trading signals always end up losing. Market conditions should always be followed. Those who can trade by analyzing each indicator can achieve the success of the trading platform. I always say trading with a passive mindset you need to have a lot of experience in this trading platform you will lose in all aspects of the trading platform. I agree with you, trading based on a hunch or your gut feeling is not a idea. You might make a few short term profits because you are lucky, longterm however this is not going to work. When it comes to trading and investing we need consistency to make a profit, without we are just going to lose most of our money eventually. Technical analysis is a great tool to help us make the right trading decisions. When I first started out with stock trading I attended some courses for trend analysis and which momentum indicators to use during which market phases. Even though the stuff is quite old by now it's still helpful and can be used for crypto currencies as well. Experience and skill are going to build up over time and we can only get better at it, if we are actually trading and taking risks. Title: Re: trading is good for traders with passive mindset Post by: darewaller on November 14, 2022, 09:02:23 AM A good mindset certainly doesn't just form because it all takes a process and sometimes in this case someone wants something instant, It mean experience allows people to make quick but correct decision but lack of the same leads to quick but rarely correct decisions. This comes with practice but that practice of trading will not come unless you put determination into it. Being one of those people who take to the market only when there is some rush happening and then stop when the dump starts is not going to cut the deal.with the amount of time we spend on trading it will also affect our mindset, that's why making a decision is not that easy and it takes a lot of consideration before deciding It can be done nicely by dummy trading in a serious manner, but I am sure newbies have heard of these advises but dont care much. The passive or aggressive mindset does not matter, but the diligent mindset works. The issue is not how you can do it, because with experience you can, so there is no tactic to it, you just need to be a good or decent at least trader and learn trading but then you just need to keep on trading for many years. If you can do that then you could make a good amount of profit when you are a veteran. Title: Re: trading is good for traders with passive mindset Post by: Sayeds56 on November 14, 2022, 10:05:40 AM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. No doubt passive mindset is important for traders, but it takes years of experience, adequate training of technical indicators/Money management skills and above all emotional control to be a professional and successful trader. In my opinion the first thing to learn is technical charts to identify signals to take entry and exit at the right time as well as secure your trade by using stop loss but still your 100% trades won't be successful, some of them will end up in loss when stop loss hits which you will have to accept to avoid any major trading loss. DYOR Title: Re: trading is good for traders with passive mindset Post by: Mahanton on November 14, 2022, 09:09:42 PM Trading is good but only for big traders who must have big capital with diverse portfolio in which many coins will be adjusted. This formula can give good profit or income on regular basis. Apart from this trading profit you can make big investment to some biggest project in industry. For a good trading profit you must work hard. Whether you do have small or big capital the most important thing you should consider is on how to sustain yourself with this unpredictable market.Even if you do have small capitalbut still you could able to bare up with this unpredictable surrounding or market then sooner or later those small capital of yours would be compounded and would really becomes even bigger and that what you should really be focusing into. I dont know about that passive mindset because if we do talk about literally then it is pertaining on not doing something which we do know that it isnt really that a good idea or behavior to have as a trader but if this means on other essence then i do miss out the point. :D Title: Re: trading is good for traders with passive mindset Post by: Kiresiura on November 15, 2022, 02:08:14 AM I think it is more beneficial for traders to have a positive attitude and patience. Trading accurately is relatively difficult, and it takes a lot of time to learn and a broad knowledge of the industry. Only those who have the experience and knowledge of the market to trade for a long time, who can correctly manipulate the coin holdings during the market downturn, and also can determine when to enter and exit the market.
Title: Re: trading is good for traders with passive mindset Post by: Sayeds56 on November 15, 2022, 03:34:39 AM Trading is good but only for big traders who must have big capital with diverse portfolio in which many coins will be adjusted. This formula can give good profit or income on regular basis. Apart from this trading profit you can make big investment to some biggest project in industry. For a good trading profit you must work hard. Whether you do have small or big capital the most important thing you should consider is on how to sustain yourself with this unpredictable market.Even if you do have small capitalbut still you could able to bare up with this unpredictable surrounding or market then sooner or later those small capital of yours would be compounded and would really becomes even bigger and that what you should really be focusing into. I dont know about that passive mindset because if we do talk about literally then it is pertaining on not doing something which we do know that it isnt really that a good idea or behavior to have as a trader but if this means on other essence then i do miss out the point. :D Yes! it is true that markets are hard to predict but it shouldn't be the reason to panic but it is important to learn to save your capital when market goes against the position you took. If you are a long-term investor, then hold your position and wait until your trade turns up in profit but for short- or medium-term traders, they should use technical charts and keep booking small profit whenever opportunity arises to increase your capital and also use stop to prevent liquidation of your account if market goes crazy & extremely volatile the way it is going on nowadays. Title: Re: trading is good for traders with passive mindset Post by: Josefjix on November 19, 2022, 01:33:34 AM I think it is more beneficial for traders to have a positive attitude and patience. Trading accurately is relatively difficult, and it takes a lot of time to learn and a broad knowledge of the industry. Only those who have the experience and knowledge of the market to trade for a long time, who can correctly manipulate the coin holdings during the market downturn, and also can determine when to enter and exit the market. Trading with passive mindset all points out to highevel of profits with good signals. I know of people that have gain much more than their trading, 4x to 6x of their initial capital. It's practicable to use the right strategy to enter a trade, like the FA and TA will do enough help for traders. Encouraging oneself is not always easy at the beginning but with time, it becomes easy and very familiar to open trade at any moment of time as long as you're 88% confident that the trade will retest back to bullish movement.Title: Re: trading is good for traders with passive mindset Post by: AnonBitCoiner on December 04, 2022, 04:36:54 PM Its often quite important that if a person think more precisely about anything then he would be successful in that thing but if a person has no time to think or even act positively then its not an easy to get profit because success requires your time and your patience. Those who show quick and accurate response and give time will be the winner.
Title: Re: trading is good for traders with passive mindset Post by: Obari on December 05, 2022, 01:57:35 AM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. I guess your points were gotten if I'm not mistaking things in my head. One of the greatest hindrances of trading is the capital, while so many other traders have the luxury of capital,some other traders are seriously battling and struggling with capitals. Most of this traders that seem inconsistent are most times not doing this things deliberately because at the end everyone wants to make money either regularly or passively, we all just want to make money. Despite the numerous challenges attributed with trading, one thing I've noticed is the fact that successful trading are actually backed up with some other reasons such as state of traders mind, environment and capital. Title: Re: trading is good for traders with passive mindset Post by: xSkylarx on December 05, 2022, 07:06:41 AM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. The volatile crypto market is unpredictable and most traders experience losing money. When trading, you need enough time to learn and adapt to things, control your emotions and maintain a good attitude, consider buying and selling after proper analysis to obtain as much profit as possible, and also bear the corresponding trading risks. Obtaining as much profit as possible is a sign of greed; this is the reason why the trader is losing all his money. You can't get that profit because you will lose because of greed. That is why you have a daily target profit; once you achieve it, you will now stay away from the screen and try again to trade tomorrow. This is really a newbie's mindset: they want to get all the profit but end up losing their capital. Title: Re: trading is good for traders with passive mindset Post by: EarnOnVictor on December 05, 2022, 07:57:27 AM Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset. Contrarily, trading is not hectic, in fact, trading is so easy and cheap, it all depends on what you know and your plans towards it. Also, it is good for people without a passive mind, as passive people lag in action unless you don't know the meaning of being passive. In plain terms, just be such that is ready for it. I've seen many people that claimed to be passive but are no more trading because what they expected from it is not what they got. Trading would suit you depending on your nature as a person, and in terms of readiness for trading itself, this is with your time, energy, resources plans and others. Title: Re: trading is good for traders with passive mindset Post by: Insanity on December 06, 2022, 05:38:04 AM Its often quite important that if a person think more precisely about anything then he would be successful in that thing but if a person has no time to think or even act positively then its not an easy to get profit because success requires your time and your patience. Those who show quick and accurate response and give time will be the winner. I think a person who puts time behind it will get something good. But I think if we focus on something well it will be successful very soon. And if we try to do it all together then we won't get any. I think so. We will always look at either one. |