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Trading can be a lonely and boring business at some point because, you do not have anyone to talk to and are just alone with your computer, phone, or tablet in your room, just trading. And many newbies may at some point think that they are probably wasting too much of their time. If you are in this situation right now, I want you to know that you are not wasting your time.

If you are an experienced trader reading this, how did you know that you were not wasting your time trading at the time when you felt this way?

Trading is the process of generating money from money, and it is an activity with potential for profit and loss, and therefore unless you have a business that pays you your bills and with a surplus that you can invest, then you will not bear to continue trading because you will not have additional money if you lose in trading.

So the first tip would be to get a job that pays your bills and has enough surplus to invest and cover your losses.
Second, control your emotions, stay away from greed, be patient and know that trading is a long term process.
Third, withdraw your capital and leave your profits to multiply. For example, if you invested in the X currency and made profits, withdraw your capital and leave your profits in that currency for a while.
Finally learn, more learning means more money.

Determination leads to success, And when you have passion for something and properly understood the things you can face or involved in your journey to success, there isn't gonna be a need to bother yourself at some point. When it comes to trading, it requires maximum attention and focus on the market without any possible distraction, So for me before I open my laptop to start trading for the day, I ensure that anything that will cause some forms of distraction is settled.

I was trading for years but right now I am not into trading still I am able to recall those frustrating days where I was expecting market to return to my favour and other than simply watching market screen deliberately and wasting time, I could not remember what else I have done during those frightening days. Crypto training is really a wild one and if we are not knowledgeable then we might need to face life's worst days.

A simple tip from my side is, always have and follow strict stop-loss and target levels and place orders for these and leave your positions and start doing other things rather than simply watching market. If you keep watching then you may alter your stop-loss levels which may lead you to disasters for not sticking with your original trading plans.

Is simple but first you are not alone in trading because you are interacting with your indicators, comparing while also analysing them.

To your other question on how to know you are not wasting time, of course you see either you losing your trade or you are gaining and either of those outcome is a function of your action from the interaction and analysis from your indicators.

Wasting time varies from person to person. If I work at a job that generates income of $10 an hour, then trading will be a waste of time if I cannot generate $3 an hour. Likewise, if I am unemployed and cannot find a job, then $3 is more than enough.

Other than whether trading is profitable or not, profit and loss accounts are related to other businesses, and from here trading robots appeared, which you can manage without being online or in front of a computer screen.

These methods have made trading a profitable business for everyone who can understand the direction of the market and is ready for adventure and vice versa for everyone.

Not all traders operate alone. We literally have trading firms like Jane Street, Point72, Citadel, etc, where colleagues collaborate and discuss trades.

Because you know you can make a living off trading if you did well?

As long as you are making it can never be felt boring so if you are in bored status just make sure you are doing everything right and take break whenever its required just remember don't go hard at it like 24/7 which can be stressful and will let you to not making right decisions even if you are on it.

By the way most of the commoners are also living alone and they fell in to the virtual world even people around them so loneliness is not a big deal when we realize it and do changes whatever it is required.

Time is priceless so we have to be happy while trying to make money instead of chatting and flirting with babes. :D

It is true that if your trading is open you will check back token price every 5 minute. Sometime you will spend whole days especially weekend and you will give very less time to family members and other social activities.

 There are two ways to protect yourselves from wasting of time in trading. First you should buy some coins for long time and then don't worry about marketing situation but this type is called Holding. Second fixed a time for fir trading (Two or three Hours) and then try to open and close trade in this specific time. For this kind of trading Candle reading is must and you should trade in high volatile coins.

Money is not primary purpose because We earn money for life comfort, if there is no comfot then what is the use of this money?

When I started to learn trading, in the mid point of my trading career, I feel like I'm just wasting my time because I'm still getting losses. Not only time but also money. I thought that I don't have future in trading but I'm wrong, we have to accept that we have to experienced losses in order to succeed in trading. Sometimes, if we are focusing to our losses, we can't trade in a effective way. That's why when I'm going to trade I have to make sure thay my mentality is fine and ready in order to get higher chance that my TA will materialize.

Yes it's quite boring because it's not easy, but I know I'm not wasting my time in trading since I'm fulfilling my goal here. We have the same goal and that is to be profitable, actually it doesn't need to be fun as long as you make money as you can consider trading as your money machine and have fun outside your trading life.

Just focus on your dreams, and eventually you will realize that it's okay to sacrifice now so in the future you'll just spend the rest of your life having a vacation anywhere you wants.

The first thing I had at the back of my mind was to always welcome losses too as they are part of trading and then try to create a good strategy to get me net profits over time.

The mentality some people have is that they can always only make profits without losses in trading. This is very wrong.

Another thing is only use funds you can afford to lose and make sure there is another side source of income for a beginning to avoid much pressure.

In my early days of trading i never left my tutor. Even when he felt he was done teaching me i still sticked around to get more confident of what i was thought. I will intentionally ask him to review my analysis not because i didn't know how to analyse at that point but i wanted to be sure what i learnt i understood them well. For a newbie it is better to stick around who ever thought them to trade and for those who are self taught they should find a peer to attack themselves to or join a community. Solo trading can be discouraging especially when the expected resulted is no showing forth.

I have a different understanding of "wasting time" that the OP said.
When you feel that maybe you just spend trading all day. I think we should also have other activities besides trading, and look for activities that require us to interact with people. I am also a trader, but I have time management when to trade and when to do other activities besides that, and even I have time to go on vacation without my daily activities.

The things seems to be boring if you are not interested or are losing money continuously. People are involved in trading because it's a business and lots of people do not have any other way of earning money.

Yes I agree with you that traders are busy in computer and mobiles but successful fortune requires time. If a person has ability to earn and has knowledge about trading then it will not be a boring thing for him. A trader should watch YouTube videos and should engage in telegram groups so he will not feel that he is lonely.

I learned trading from my family member that's why I doesn't feel lonely and never consider trading as boring thing.

Trading is interesting way of earning money but for those who think it as a business and remain active all the time

Both profits and losses are all part of trading, so no trader is free from losses, even professional traders,
experience a loss does not mean we will continue to experience it,
we can learn from it not to do the same thing in the future.

I am excited with trading trough consistency earn profit every day but there are not doubt with your opinion about trading is boring business if floating or position loss with price drop. I don't think with trading waste our time because could be side job with trading without make our main job disturbed.

I wake up every day and working at company and time take rest I use moment for checking with current market condition and which potential coin to buy, there are not spent many time for trading and possibility after buy order filling we can sell our coins assets and open later after break from working. This my experience about trading and I am happy after three years ago know with cryptocurrency and trading become my side job.

No one does this for fun. People do this to earn money or sometime to earn extra money. So yes if you don’t have any good skill, and if trading is the only source of income, then yes you are bound to pass time like this. 90% of the people are not happy in the way they are earning money, they just do it in order to make money.
If you are beginner then let me tell you that don’t mix trading as gambling. As in trading the profits earned are very slow and less. No one becomes rich through trading overtime. Many newbies make mistake here and without any prior knowledge they just invest in the coins and make losses. If you are beginner then it’s advised that forget about making profits, at first try to avoid getting losses.

Trading requires your time and will have it's fair share of your time as you devote yourself more to trading.

Tip for Newbie traders is that they should understand first that trading that they are about to begin requires time and real dedication. So if they know yourself to be someone who is already very occupied with some other activities or cannot dedicate time to trading, do not bother starting so your do not learn your lesson bitterly maybe after already loosing.

A good trader that I know said that you will feel better loosing other people's money than your own money when you trade. But before you can become very good and confident to want to trade with other people's money, you must have dedicated time to learning and have shown results enough for other people and even institutions to trust you with money to trade for them, knowing that even if you record some losses along the way, they are still assured of some good profits.

There is skipping a requirement if you must be a good trader, It requires your time, time you must be willing to give.

Just try to look for other interesting projects and just focus on your strategy, you will not be bored if there’s money involve already because you have to take it seriously whatever it takes. Trading is very challenging, it requires a lot of time and full effort to analyze the market, if you are not feeling well then better to pause for a while and come back when you’re ok already, because your emotions can really affect your trading decisions.

If for an individual trader, being alone sometimes is encouraging and boring. So you choose your battles when you're trading alone, maybe that's why some other folks are looking for a way to trade with a group but I don't think that's really a good idea.
Many people there might just take advantage of you if you're still new and will just give a blow of those coins that they'll suggest you to buy and then will just leave you hanging then.

It may be boring at the first, but as time passes by it become more fun. The joy of your first profit. Even if it's little, you can feel the blood pump through your brain. But don't get caught up on that. With profits, you will make losses too. So don't get emotional over the fact that you are not making profits. Your investment should be what you are willing to lose. But making sure you are not making losses frequently is the best I can say. If you can control one, then the other will grow with it. Trying to make less mistakes can lead you to gain more success, is what I can say.  

It can be devastating at times because you don't know what to do next; this frequently occurs while practicing a trade in which you believe you are already a master. To be honest, you'll feel like giving up hope several times when things don't go as planned. It's not fun to see yourself lose money you've already invested in trading. But what keeps you going is the determination of your prepared mindset to face any outcome that comes from trading.

Because many people love this activity with their own privacy. Trading needs more focus to analyze the indicators, market, and other things. This needs certain capabilities and if their focus is lost because of other people, I am sure that this will not be good. Moreover, many people don't want they are revealed as a trader because of some reasons. Many of them feel that it is better to hide their trading activities, not only because of the environment but also the rules and regulations in the country. I think that it is no matter how we are doing trading activities it may be boring, but it is better because we can gain extra focus and concentration.

Because trading won't work for anyone, it needs time and dedication to gain knowledge and trading isn't instant making money, there are too many things that you need to learn first it's either technical or fundamental analysis.  It feels devasting at the first time because that's not for profit yet, it's for gaining experience, the more experience you've gained the bigger chances that you'll easily make a profit.  In short, trading didn't talk all about profit.

But IMO, it feels safe for me as an investor than a trader since I don't have enough time for trading, as a newbie if you want to enter trading, give it a full time because that's what trading needs.

I can know if I am learning new things when I trade, either you lose or you win in every trade you have, you are still learning. That's how I can say that I'm not wasting.
Other than that of course, you are making profits, and you are a profitable trader, it takes time but you must trust the process especially if you are a newbie. You need to stick with your plan and always learn and master your strategy.

I'm motivating myself by keeping in mind the reason why I trade and that is to profit which I already experienced as a trader. Remember that you're not doing it for nothing because it has a purpose and not a waste of time. If you're determine to earn and can wait until there's a result for your effort then don't be discourage.

Every traders are once a newbie, they also experience to lose their money since it's inevitable sometimes, but they never stop and take it as a lesson. Anyway, if you're bored and thinking it's not worth it then maybe trading is not for you.

Trading is not an easy thing and it takes a lot of time to do it and also understand or know and also learn more about the market to make money, because the market is not easy to predict unless it is in a bullish condition.
and beginners can implement the most basic one that can really help them at the start of their journey and that is the buy low, sell high strategy. Many beginners take advantage of this strategy for profit. During a downtrend, many traders buy and then sell when the market rises again, this saves capital and gives them time to understand different market conditions.
and there are many other strategies, but this one is the safest for beginners, and trading for income for beginners in my opinion is very difficult unless they do it with small capital and while understanding and learning it until it really becomes great.

This didn't come into my mind when I started learning trading because it is a skill and you can earn money from it, which means that no matter how difficult it is, your goal is to earn money, and that won't be a waste of time if that is the path to earning money. Those who think about it are those who quit and give up trading, but for us, trading is another source of income as well as knowledge, which is a win-win situation. Also I dont really see people why they are thinking about this as for sure they know the purpose of trading

If a newbie is feeling like that it is likely they are day traders and they are watching the charts for hours, and this kind of trading can feel like a waste of time as you have to be in front of your computer for hours without doing much.

In that case my recommendation for them would be to trade longer time frames as a way to diminish the amount of time they spend in front of their computers and they have more time for leisure activities so they can avoid feeling this way.

It was too boring and a waste of time if we keep on losing. Trading is not for everyone, so we never expect that everyone who tried trading will stay or will succeed. Honestly, it needs passion and motivation - not all traders have this kind of attitude.
- Newbies must invest first in knowledge before trading
 - Must not be afraid to lose their money, it is a trial and error
 - Must not be afraid to commit mistakes for this is the reason why we learn more
 - Willing to adapt to the market condition

It is the result of the trading that shows that you are wasting your time or not. If you traded the whole day and you have nothing to show for it as per your profit, it could be regarded as a total waste of time. But if you are trading and you are getting your portfolio increased even in the least pace, it shouldn't be considered as waste of time.

Again, if the electricity bill, subscription bills are higher than the money you make from trading, it could be called a waste of time, unless you want to rely on the experience you gain while making trading blunders and a reason not to have wasted your time.

As someone who has been trading for quite some time, I know how to keep myself engaged in things outside trading too. I have a job and I keep the minimum time for trading so that I am the one in control of trading and not the other way around. Since I mostly trade for long term, this process suits me. It will not suit a day trader.

If someone is wasting too much time on trading then trading is not for them. They will end up in a loss or in depression over time because of stacking losses.

You only get bored if you don't have passion for this activity but if you love what you are doing for sure you enjoy every movement of the market and get challenge when certain situation occurs.

Maybe you or some other get bored with it because they didn't get the expectation on trading's and only people who lose their money think that this is only waste of there time then think about abandoning it.

He got bored because he couldn't predict the market and kept losing his money. You always get bored if you are only after money, like profit, and want to win always, meaning even if you are losing, you don't feel challenged instead it is anger. If you feel challenged, you are going to solve it or learn it so that you can achieve it and not plan to quit. That is why if you enjoy only the winning trades and don't get challenged in figuring out your losses, then in the long run you'll quit.

I do not agree that trading can be boring because it depends on how much we desire to learn and profit from trading. Maybe many beginners are too busy asking people and don't take the time to learn to improve their skills in trading. And at some point, when he doesn't find the right person to ask, he will feel hopeless and confused about where to ask.

This depends on how someone can use the time to learn to trade from many sources and practice it. And when he does, he wastes no time because he can benefit from what he does. And don't forget that trading is a process just as you work and enjoy the process with pleasure. When you are happy, you will not feel bored.

I don't prioritized short-term trading so far because in the end it just makes me spend lot of time analyzing and making decisions. I tend to think that long term investing is good option for anyone who values ​​their time, and it is also profitable option as long as we manage the risk and secure the assets.

Trading tips actually can help traders, but that only depends on how traders adopt and apply them. Many traders are not consistent with their trading strategies and patterns, and that has kept them from getting worth it returns for the risks they considering ^{[possibly make they loss].} So those are just my assumptions and habits, and I continue to do this until now and this has been great lot of my time in the market.

Yeah, it's about the desire. Before in school, I always believe math subject is boring but how come when some of my classmates enjoyed it? It's because I don't have a desire for it. Same thing goes with trading. There are so many traders who enjoy it. They love how complex and hard trading was because it challenges themselves.

What is boring actually are those simple and easy things. Investing can be a good example about it because in investing, you don't have anything to do other than just hodling and wait for the price to rise before you can sell for profits. Nothing wrong with asking but if you are asking, it means you interact with other people. You are not lonely or bored this way. Trading can also be done passively like investing (thanks to the help of the trading bots.) Now we can just leave our trades in the background and we can still socialize with other people outside.

That's what I mean. By trying to like it and understand it, we will definitely like it over time. And by liking it, we definitely won't feel bored because we already know how. Maybe he needs to enjoy the process before getting results that he may never have imagined. Trading is simple if we want to learn so we know how to trade properly and correctly.

But sometimes, we forget that it is from simple things that we can get something big without realizing it. If we learn to trade and can find lots of trusted sources while enjoying the process, we will slowly understand it and with added experience when trying to trade can make our abilities improve. It's also the same as investing because we have to find the right investment so we don't get scammed.

Looking back I think it was quite helpful to test out some limits and realities when it comes to crypto trading. There are days when crypto is so volatile that it almost feels like you are leverage trading stocks or FOREX. When I first got into trading I totally underestimated the dynamics and volatility, but on the good side of things I only had a limited amount of money available that I did indeed lose, but it didn't hurt me in the sense that I had trouble getting through the day and pursue my overall plan.

It is a good lesson in the beginning because it's easier to turn from careful into careless when things go well just because the whole market is moving up. Then everyone believes to be an exceptional trader. It is better to learn the other way around and turn from a careless trader into a careful trader. That's why it is so vital to stick to the rule that you should only invest money you can afford to lose. Many newbie traders can't handle the volatile days in crypto emotionally and I can tell you that can be rough if one has no former experience.

Try things out after having done your research and keep your limits low in the beginning. Low is a relative term here, but don't gamble around with maybe more than 5% of what you were actually planning to invest.

If you are lonely and bored while doing something you should quit doing it! Why would you even start doing something you don't really like? People who love numbers and math like to trade and do all sorts of calculations in their heads... It's never "just trading" and it's not necessarily "alone"! You read all kinds of articles, you need to be active and look for important news almost everywhere. There are trading groups and forums (like this place) where you talk with others and share your thoughts if you want to. If you want to you can take it on a higher level of course...



It's not a waste of time if you are making money with it or if you can learn how to make money from it one day!


Well, I never felt lonely or bored from trading. I wasted some money (at that time not much I guess, but now those amounts in crypto would be a little fortune), and that probably made me nervous and mad, but later I discovered what is actually good for me... patience is a virtue and a skill!

Trading tips are essential for beginners because it's one of the basic tool that aides newbies to earn profits and make the space a little bit comfortable for them. Newbies are always opportune to gain profits in the space if only they followed the right path. Following up a top influencer in the space will actually results to either profits or loss. The market will not always go as planned, so even the experience traders losses. No one is to be blamed or held responsible for the volatility of the market.

Its better to waste off your time on something you do able to know that you could earn money rather than wasting yourself on something which it doesnt really have any possible benefits into on long term.

It is really not just that wrong on dealing on something that could potentially change up your life when it comes to financial.This is why i dont see anything wrong with this and its not a waste of  time.
Just make sure that you are really trying out to improve yourself but dont make yourself that rush up because it would just be creating that kind of desperation which isnt
really that something you would be needing to do so because it would create mistakes.

Trading may be a bit boring if the trader spends a lot of his time in front of his computer for long periods, but what I know is that the trader does not waste his time in trading, but invests his time and uses it in managing his money and generating returns by developing his trading strategies and knowing enough information about the currency pair that he chooses and monitoring the price movement in the market, and monitoring his open deals, he must be constantly aware of the latest market developments and he must have enough time to use stop-loss orders if the market path is downward, as time is a key factor for making a successful trade, It is a good thing to waste our time in trading, in learning, in gaining experiences, and in trying new strategies, as this time will undoubtedly be in our interest.

yes, indeed there is nothing to blame for market volatility. this is very reasonable and beginners in trading will experience losses as well as profits. it all depends on what the trader is capable of. cannot rely on other people's abilities, unless they follow the signals from the telegram group. that's what beginners often do. for being tired of losing and learning a lot of trading strategies. more instant to follow the signal. but it is not recommended for those who want to learn to trade.
Most importantly, novice traders must be persistent in trying and learning from their experience trading in the market. Failure is a common thing. as much as possible we should be able to improve so as not to repeat losses in future trades.

Trading will not be a waste of time if you are using doing it efficiently and effectivelyy. I have been doing trading during my vacant time after my full-time job and I'm doing it for different reasons. My purpose is to earn and to learn continuously. Trading is a long process of learning and doing actual trading will be an effective thing for us to learn easily. If we have the right mindset that trading could bring us into a challenging journey, we will know how to handle the boredom and find the challenges more exciting each day.

But I am sure you won't deny that relying on trading as a single source of income is usually not the best way to go about your life. It does depend on what the overall circumstances are like having a family or other obligations that will at times keep you away from your screen. If we are really talking about trading in the short-term trading sense, it is quite a 24/7 job. Being lazy or making simple mistakes can be brutally punished and it also requires tremendous discipline in regards to your lifestyle. Some might waste their positive balance when they had a beer too much the other night and exaggerated.

Bitcoin has mostly proven to be a safe bet when you are in it for the long run. It has recovered from crashes every single time so far and came back stronger than ever before.

Newbies who feel that they are wasting their time are those who have not benefited from their trading activities because I am sure traders who can make money will find this a job and a fun activity, indeed it is not easy for a newbie to be consistent with his trading especially if he still in the learning stage so that when he experience failure will have thoughts like that but if still consistent with what he have learned will definitely produce and his mindset will change because have earned income from trading.

The experience gained will be much more important for traders, free signals from telegram channels. I even have a friend who decided to buy a paid subscription to one of these channels. It seems ridiculous to me, but he takes this group seriously and follows all the news and signals in it.

But I see from him that he does not understand most of what he does. He simply repeats what he is told, but he does not receive any knowledge. But he is pleased that his deals have already allowed him to return money, which he paid for the subscription. It seems to me that this is a dubious pleasure, but he likes it, who knows, maybe he will really be able to earn good money this way.  ;D

You are right mate,one thing these newbies should know about trading is that you don't always use all your savings for it,knowing fully well that it is risky and,and it is good to use a little of the money you've kept aside as one you don't want to use for anything and out into trading so that if you lose,you can get over it so quickly because the money you used wasn't the most important one to you.
It is wise to strategies first before putting any money into trading.

the average beginner will experience this, and it's only natural I think that people who want to trade without experience will eventually start to take an interest in using the signals they get from the group.
just wait until your friend starts to realize the mistake he started. if it is still to the advantage it may not make your friends aware. but while he's had a lot of losses that he got when a lot of the signals don't work, I'm sure he'll be back on the great path of learning the trade.

Trading is an opportunity for starting the new mechanism to originate the way of getting online income. It will not waste your time if you consider it as just a way of employment and do not think more about it if trying but not win. At the Initiation point you will probably need some expertise as its obvious that those win constantly who dream for success and work for their dream. When you concentrate on it you will get your point and will not bore anymore.

this activity is for users who knows this activity itself, have learned the basics and know how to trade on his own. but even if the user has ample knowledge about it, still there is no assurance that you will win each and every time you trade. as this market is volatile, you have no clue as to when it will go up or down. you are just relying from your past knowledge and experience whenever you make a trade.

Excited earning online passive income trough trading but is not easy based on how many people stories about their achievement and profit earn with trading. I started with bad experience when trading some coins and becoming diamond hand when investing in coins with hardfork moment, later after snapshot finish coin price drop drastically and not profit earn there.

Don't be greedy with how dreaming success in trading because not all trader earn profit with trading and many of them loss much money after fatal mistake and loss management controlling when investing in some coins, learn step by step and removed dreaming with easy to be success in trading actually for newbie mindset.

I can relate to your sentiment that trading is a solitary and dull profession. The feeling of isolation when trading on your own time in front of a computer, phone, or tablet is something I can relate to. But there are ways to get through it.

Here are some tips that helped me through the tough times:

• Connect with other traders: Join online communities, attend trading webinars, or even find a trading buddy. Talking to others who understand the ups and downs of trading can be a great source of support. TradingView (https://www.tradingview.com/) is one of the best community
• Stay informed: Keep up with the latest developments in the market, read industry news and books about trading. This will help you stay motivated and focused on your goals.
  
• Practice mindfulness: Trading may be taxing on your mental and emotional health, so it's crucial to maintain a state of awareness and take pauses as needed. This will assist you in striking a balance between your trade and personal life. Plum Village (https://www.youtube.com/plumvillage) is where I often use when I feel empty
  

As for books, I'd recommend the following:

1. The Psychology of Trading: Tools and Techniques for Minding the Markets (https://www.amazon.com/Psychology-Trading-Techniques-Minding-Markets/dp/0471267619) by Brett N. Steenbarger

2. Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude (https://www.amazon.com/Trading-Zone-Confidence-Discipline-Attitude/dp/0735201447) by Mark Douglas

3. Mind Over Markets: Power Trading with Market Generated Information (https://www.amazon.com/Mind-Over-Markets-Generated-Information/dp/1118531736) by James F. Dalton

These books have helped me maintain my emotions during tough times in trading and have given me great insights on how to be a better trader. Hope these tips and books help you out too.

Trading isnt something that couldnt really be that passive unless if you are holding then its actually two different things.Mistakes is very common since there's no such thing about being a perfect trader.

You cant really be able to know and predict on where prices could actually went and there's no way that you could be able to determine on where it would be heading up.The only tip that i could give out
is never ever make yourself in a hurry because it would really be just creating lots of mistakes due to desperation.

Dont easily believe on easy money with trading which sooner or later you could be able to realize on how it does works which is totally opposite.

Relying on past knowledge and experience in making trades is a common practice for many traders. This can help provide a good understanding of the market situation and help identify trends and patterns that might reappear. However, it is also important to remember that the market situation and external factors may change from time to time, so it is important to constantly monitor and take into account the latest information and factors that may influence your trading.

Analysis and strategy mutually support traders to get good results on trading. Sometimes they can also lose, that's because no one can ensure that he will get a profit because of market volatility. Having a good strategy and also being able to manage emotions enough during trading is a good thing to hope to help traders make profits, but in many cases it fails because novice traders are too prone to panic.

Furthermore, it is wise to put your savings as a long-term investment instead of trading. I'd rather do it, it has also worked in my favor so far.

Indeed, this codnition sometimes makes me more frustrated and stop trading everytime after losing and have no eager again. But at that time, I found a discussion about trading and one of their administrators really culd share his experiences and also strategy. So, we can take some from his. Additionally, it is quite good to have a friend tot alk about trading so we can share experience each other, sharing the previous loss and ask for advice what to do with the loss or profits.

Newbies must know the volatile nature of the market so they won't wonder why the price will move up and down.
And most of all they have to:
 * continue learning
 * never underestimate the market or make it too easy
 * they must prepare to accept losses
 * Don't rush to succeed - must extend patience as it surely comes
 * must learn TA and chart reading

So many things that a newbie must know but it never makes sense if we never do it in actuality. In order to reach our goal and succeed, a newbie must have the courage to trade and never be afraid to lose as it was a part of learning.

Trading doesn't have to be boring, it isn't boring as a matter of fact, but that's okay if it's seen as just my opinion.
Get you a mentor, be it online or offline, just get someone who is accessible.
Aside the online community, they're people in our physical environment who certainly are into the same business and can be reached, try to locate and make acquaintance with them inorder to get ideas and share ideas as well.

  Actually, there’s no easy way and enjoyable task to success. Everything is done the hard way and with full of efforts. So do not be upset if trading is somewhat boring because you will only feel it at the beginning, but when you’re in the verge of success, trading somehow becomes challenging on your part and very exciting. And in the end, you will only realize that all those boring days, hardwork and determination finally paid off because you are already reaping the fruits of your success.

Losing is already part of trading so if you think you are just wasting your time in trading because of your consistent losses, your mindset is very wrong. Do not forget that those who succeeded in trading today were once losers in the start, but they chose to overcome their losses by getting more experience in trading so they can start avoiding some losses if possible. So if you trade and then you lose, take it as a challenge and never quit unless you have no sufficient amount of capital to trade. That is why trading should only serve as a side hustle, you should have your main job that will provide you fixed income.

If you can trade and analyze well, you will not feel that trading is a lonely and boring business. You will see opportunities for many coins that can give you profit. You can also share information with your friends, especially in terms of analysis, so you and your friends can find time to trade it. Time wasted because you are learning more about trading is not wasted. And if you use your time to learn to trade, you will see your skills improve. So what you are doing right now to learn to trade will have great results for you.

The best trading tip for beginners is to keep trading simple. Just scan for low risk and high probability trade setups. No need to spend hours preparing and watching charts all day.

Learning something new isn't a waste of time, actually everything that we do which gives us happiness or enjoyment is not a waste of time. Trading is a long term process, which consist of so many things, like you're going to face a lot of challenges, failures, disappoinment, happiness, contentment, etc. I believe the only thing that will waste anyone's time is when they shut themselves out by not trying anything to make their life happy, comfortable, and successful.

I am yet to start trading crypto currency but i have a few knowledge about it, i watch videos online and i learn from a very close friend of mine. Sometimes he tells me Cryto can be terrible at times and you're not sure what to do next and this usually happens when you're working in a trade that you think you already know how to do well. To be completely honest, there will be times when you want to give up when things don't go as to plan. Observing oneself lose money you've already committed to trading is not enjoyable. However, what keeps you going is the resolve of your prepared mindset to handle any trading-related outcomes.

Patience is the key to success in trading. You lose more but one good win will make up for all the losses. One thing, beginners should know is that trading is not that difficult, but we make it difficult due to our impatience waiting for the best setups and instead jumping into average ones which set us back.
One thing I know for sure, do not give up, do not quit no matter what comes your way. The rewards that come with being a good trader is something I bet you will be proud of forever.

Trading despite of it being boring and hard, will always be challenging and exciting because we have the goal to become successful and profitable every time we trade. So it’s a matter of setting your right mindset towards trading, because no matter how hard and risky it is, once we start seeing good profits after we trade, then those negativity we feel suddenly vanish and turn everything into positive. That’s the power of success, as long as trading ends up successfully, we become excited again to trade for profits.

I think the importance of determination and learning is enough to make me realize that.
To be honest, in my current condition, I actually have avoided trading at certain times, but that doesn't mean eliminating it.
Conditions where one might say we are bored when we keep losing and losing which makes us feel like this only takes up a lot of time, but actually there is a lesson to be learned from it because it is in such conditions that we can develop, it's just that we are able or not to learn for what we have done.

There won’t be a waste of time learning and improving your trades because you know you do it on a purpose, and that purpose will eventually create a life changing experience if ever your trades end up successfully. So never gets tired trading even if it means losing on your part, but as long as you only trade at a money you can afford to lose, I don’t think it will be an issue. The only problem with trading is when you keep on committing mistakes repeatedly and yet you don’t even learn from them, so probably you will always trade at a loss which is not surprising really.

Trading seems very boring only if one doesn't know what he/she is doing in trading. Sometimes what we don't have knowledge about seems to be boring because we don't know our left and right.  The only way to see trading to be interesting is to have more knowledge because it is impossible to see what we know and have ideas about as boring, it is only when their is no positive results in something one tend to lose interest concerning it and see it boring. I felt I was wasting my time when their was no better results,   but I had to quit trading at the moment to gain main knowledge.

Those that feel boredom in trading, maybe this isn't for them. A business or something that you do becomes boring when you're not enjoying it. But upon getting the positive results, that will change everything.

If it's a financial matter and you're earning from it, that boredom will never be seen as a word again from your perspective because you're having a great time doing it.

You don't get bored once you start making money from anything including trading.

Anyone that is looking to obtain fun while trading is probably looking at the wrong place for this, trading is like any other job and most jobs are boring as hell, however if your goal as a trader is to obtain money, as it should be, and you are good at it then you can surely get some sense of accomplishment as you earn money with your trading skills.

But even then I would not say that it is fun or entertaining, but that does not matter, as you can use your improved finances to do something fun once your trading session ends.

As a matter of fact if you earning profit consistently you will discover that trading is not boring rather you will be looking for another trading setup after closing your previous positions, personally I never feel lonely or bored when trading, when I lose a trade based on my trading strategy I will always look back and analyze my chart to finger out what went wrong whether it's a mistake on my own path or probably the price defied my technical analysis with a view to make necessary amendment to avoid repeating such a mistake thus trading is not wasting of time especially when it's your day job moreso the more time in trading the more your experience.

It's always nice to have a friend to talk with about what to invest and talk about anything about your investment as long as your friends are okay with it and don't backstab you. Depends on what type of trader you are, if you are day-trading and having a grind on trading and feeling bored then I'd recommend to back off a little bit and continue it in few days, it's okay to stop for yourself to avoid burnout. Burnout is really scary.

Trading is a very interesting activity, but there are several points: the first is that it takes too much time, and the second is that I compared my results in trading and hold and I see that a simple hold brought me much better results than trading. Therefore, trading has become a non-priority for me, sometimes these are medium-term trades, but now I trade for much smaller amounts, trading has become a hobby, and my main focus is on long-term hold.

I've had some experience trading, but the best thing for me was that I wasn't completely alone. At first, I started in school by myself with the little I had, but I didn't bother to learn much about it because I thought it would be easy. As a result, I lost a lot of money, and I was getting frustrated and on the verge of giving up when I stumbled into a guy in my class who was also into it. The best part was that he was better than I was, Regardless of how you may feel, you should remain committed as a trader and be prepared for difficulties to come. You don’t necessarily need to trade alone you can find  a partner you interact with so you don’t get bored.

You're not wasting your precious time if you are in profit. This means that we manage ourselves to do trading so well.

For newbies, it is really encouraging to see old traders making a great journey in trading but we never have to get jealous of it instead, we just hope that we perform like them. We also have to think that they never got to that level without hard work and suffering so we don't take it easy on this. Newbies must endure courage and motivation in order to reach their goals, and also, must know how to correct every mistake they encounter.

Anything that earns you pay is worth doing whether you feel alone when doing it or it takes much of your or not. Trading requires more of a quiet place for concentration. You don't trade in a noisy environment to avoid loss of focus and targets.

I can't assume my trading habit is a waste of time since it pays my bills. I can only consider trading as a waste of time if am not gaining anything from it financially. Apart from that, it is worth my 100% involvement.

Truthfully, trading has been a waste of time to some people and to others it has not. A way to identify the category you will fall into is to assess your situation and know if you have profited or if you are on the road to profiting from trading. Personally anything I commit myself to that gives me money in small amount, I believe that with more commitment can give me more. Trading a few times, It has not just all been losses, I recorded a few gains so I knew I was not wasting my time. An indication of a waste of time would have been if I was losing more and found whatever I was given as a tip difficult to understand, that is a good indicator that trading is not for someone.

I don't think have any specific tips for newbies when start trading, actually I know cryptocurrency and started trading in Bitcoin just reading with several tips on google and basic information about how to make deposit and withdrawing when having cryptocurrency funds. Actually need close friend when starting trading in cryptocurrency and keep consistency update every bad or good news in daily days to know when right time start investing or selling trading assets.

I have good and bad experienced during beginning trading in cryptocurrency until right now, I am happy if you want ask several basic information about trading and welcome sharing for you, but I don't have any accurate predicting about which one coins have to trade between as short or long term trading.

Whether some activity is a waste of time or not should be more in line with your expected utility. If I trade two hours one day and earn 200 USD, it might not have been a waste of time. The next day I trade for two hours and lose 200 USD, and out of a sudden the investment of two hours was a waste of time. Trading is a lot about luck because ultimately you are competing with bots and algorithms. Unless you have some meaningful advantage in information, making money from trading is more about luck I think.

This is not accurate, trading is and will always be about your skill and your ability to implement your strategy as you should, using such a short sample to tell that what you have been doing is a waste of time is a mistake as even a winning strategy can produce long drawdowns.

This makes backtesting your strategy critical as you need to test your strategy for a long enough period so you can see how your strategy performs on different market conditions and assets, and if you obtain positive results then being on the red for some time will not be enough to shake the confidence on your strategy.

My trading passion will always make me feel as if everything I do is correct; I will never consider it a waste of time.
Determination always leads to success, so spending the entire day studying and trading will never be a waste of time for me because, in the end, I will smile when I see the profit I made during that time period.

Perhaps, it was useless facing in front of your computer doing nonsense business rather than making money. It feels boring for those who don't love trading but for me, I was comfortable living on it. While the others are talking outside, watching videos, and wasting their time...I was busy making money. Besides, you are not trading the whole day. I only spend 2-3 hours on the computer, meaning I still have plenty of time to engage in other activities and even family bonding. We owe our time and it depends on us how to manage them.

Adequate time is required for trading. He will never be able to achieve success in trading platform if he does not give time to trading platform. Trading is not enough for a job that can earn $10 an hour. You must give yourself enough time to trade. After giving enough time when he sees that his trading is losing, he will lose patience and it will be a waste of time for him on the trading platform. But yes the trading platform will be suitable enough for those who do not work and spend their time sitting all the time. If they can earn $3 to $10 per hour or per day it will be enough income for them.

Tradnig is the real deal when it comes to making bank and havin a good time, but not everyone can handle it, and thats tottally kool. It's essential to do something you love and not just because its a money-makin machine. Trading isnt just sittin in front of your comp all day long, man. It takes a ton of prep and research before making any decisions. The market is always fluctuating, so we need to be flexible to snagg oppurtunities. Time management is key in trading. You can make cash and still have time for othr stuff, but you need to be disciplined and have a tight schedule. At the end of the day, you gotta find something you love and can make a livin from. For me, tradin is not only a way to make a quick buck but also a passion that gets me hyped.

Each person has their own preferences, just as there were people that were going crazy due to the lockdowns caused by the pandemic, there were others that did not suffered because of this at all.

So while some people trade the markets and they feel miserable about it even if they are making money, there are others like you which enjoy it, so you are lucky as not only you have the skills to become a successful trader but you also have the right personality for a job like this.

I'm not sure about your strategy for trading and your time management but I don't spend the whole day trading. If we can spend 5 hours on the computer, that I consider enough for the day...we need also a break. But in this case, we just earn 10$ an hour, I think that was enough to compensate for the day, like having 50$ is big enough for newbies, but a pro-trader can perhaps do more. Generally, it was not a waste of time to just roam around spending money and time on unnecessary stuff.

I never experienced boredom when the times I trade regularly. The price actions and the thrills were there most of the time. And I used to have a lot of online friends in crypto and many of them are trading as well. So we were sharing tips, ideas, and analysis. I feel I was wasting too much time and effort when I had bad months. Usually, a month or two bad months and I quit being an active trader again.

This time I am starting to do random trades again but most of the analysis came from people I am confident and then I just make a simple review if I can follow their charts. This way it saves me time and effort. But I cannot deny that once I am trading again, it is tempting me to focus into trading again which may not be bad during bullish periods.

To the newbies always follow those fundamentals which is supporting the basics we know how does it really important even though its easier to forget still its an essential thing, better to make a confidence with your positions and don't get carried away if you feel lose always make your path follows with your goals. The most basic but most of the traders forgot is the Stop Loss and Take profit always set and don't forget your positions this can burn your wallet.

Fundamental and technically analysis in trading should be critically studied by newbies inother to achieve their target in the crypto space. In order for a novice to achieve the necessary requirements to become a trading pro, it takes time and consistency before becoming an expert. Although setting up a trading account for a beginner can be challenging at first, with practice, they learn how the market functions as a whole and how to handle pressure. Only the ignorant and greedy ones experience severe losses and portfolio liquidation. Depending on the state of the market at the time, TP and SL are either positively or negatively activated.

Everything is good until and unless you see profits. Once you see red signals or losses, then you start questioning yourself and your capabilities. Trading isn’t sure more. In trading there are enough losses as we as profits. But people prefer trading over gambling because the risk involved here is less and we can further minimise the risk. Now at the end if you are a newbie trader, then your first objective should to acquire knowledge. See the charts, history of coins and see how and when the coin grows. After acquiring sufficient knowledge, trade with extreme caution and without greed.

I believe that basically, what matters is that we are making money and footing out bills and no matter the nature of one's job, as long as it pays off legitimately then I wouldn't see it as a waste of time. There was no day trading was boring to me because I made some good money from it and to me, anything that gives me money at my convenient times is always fun to me and beside I traded more of synthetic indices and I never felt for once that I was wasting my time.
I came across trading in bite to find a find a source of income from staying at home and trading was tye way out as at then and passion in what one is doing truly matters alot and you shouldn't be doing things if you don't have the passion for it and that's mostly when it might seem boring to you.
Trading is fun and never boring especially with a bottle of beer.

If you do find that trading is fun then so be it but its true that when you do have the passion then you wont really be able to make yourself that being forced to be doing on this because that would really be not a good thing on something that you wont really be that happy.Trading is not an entertainment thing but rather its an investment or a business which you do need to be serious and trying out your best to be
efficient and profitable as much as possibly.

You could really sustain up your living in speaking with finances if you do the right thing.Although this isnt something simple that could really be acquired by someone in speaking of skills.
Just dont make yourself been rushed up because this would create desperation.

It was not lucky but I've found out that trading is a passion and a reason why I keep doing this. Many had quit or even not tried because they feel hard and pressured when doing this unlike us who have the hearts of doing this. For real traders, it doesn't matter how long we stay on the computer as long as they are doing good. But of course, it needs sometimes a break and spending time on other activities as it was not healthy anymore to have everything on the computer.

^ Definitely right and it is also important to balance that with taking breaks and engaging in other activities to maintain one's overall health and well-being. Spending prolonged periods on a computer can lead to physical strain and mental exhaustion, making it crucial to take regular breaks and engage in activities that allow for rest and rejuvenation. By finding a healthy balance between work and leisure activities, traders can maintain their productivity and overall health over the long term. Just look round and don't focus on one activity.

Trading is determination, as a beginner you may not be having exactly what you want from trading but what keeps one on is determination and learning, with this in trading one will hardly give up. Putting more effort to know better pays alot , no wastes his/her time in doing these because at the end of everything it will definitely yield better profit.  If one is doing right thing that needs to be done in trading as a beginner,  their is no doubt about it that it will later turn out good.

That is why, in the first few months, a newbie that is learning to trade will be facing hard times. I just remember before that I tend to quit, then after a month I get back again because I lose hope due to my losses and am not patient enough, but as time goes by, your mistakes and the experience you'll gain are the best teachers, so keep pushing hard and don't lose hope. Rest if you are tired, as for sure you'll be fruitful once you've got that strategy that you are looking for.

At first its really hard to earn and to many frustrations will come but if newbies will be eager to learn more about trading for sure those experiences they encounter will be a good learning experience to them. Consistency is one of the biggest factor in trading so newbie should retain their eagerness since for sure it will result good to them in future.

Just keep learning on this forum since trading is been discuss together with grabbing an extra source of knowledge on other platform and for sure this will be helpful for their careers.

We can call a period of time wasted when nothing profitable or knowledgable gained after it, while every moment we waste on trading could add to our experience and knowledge, so it's not wasted time. However, every newbie trader needs a period of time to get used to trading and risk management. Just like other fields, you gain experience as much as you spend from your time.

Learning is continuous in trading, every experience could give us some ideas that we can use in the next trade especially if we lose. The more we understand trading, the more we love doing it. A person who would think that doing something is a waste of time like trading is a person who is not really happy of what he did. In this case, it was unhealthy if we keep doing this but leaving and finding a new job is the best option.

But for me, trading is a great venue when wanted to earn money. It is risky as we all know but it is manageable when you really be doing this by heart and passion.

As an experienced trader, trading with knowledge and skills will mostly end up being successful and profitable, so i don’t see it a waste of time knowing it can guarantee profits as long as you do the right trades. And the fact that you are doing what your passion tells you, that’s something worthy of our time and is always worth doing. Especially if you do it with high determination and perseverance, the outcome will always be high-yielding and is something that we can somehow be proud of.

As we aim for our desired profits and results, It drives us up on making trading a passion and sometimes it ends up as a career for other person by doing trading full time. Imagine risking a stable life for the thing you want to do, I believe it is passion. Chasing profits is not bad because it is what makes us do trades and getting profits makes us persevere more as those profits are the results of our trading process which is planned a head. The accuracy of a trade also motivates me, and I believe also those successful traders who are regularly making profits from trading.