Don't Spend Too Much Time Trading? is that true?

[poiseulle]

 I gradually reduce my frequency of trading and hold good coins, it turned out to be better in return. I used to be easy to be impatient and panic, but now I don't

[1714771351]

1714771351

[1714771351]

1714771351

[nethan1btc]

I believe it is always better to spend more time in learning and getting good knowledge about trading before spending the time in trading itself. Because without good experience we can lose a lot as trading is a risky domain

I think your statements was so specific for me, but to those who worked for bounty campaigns earning token bouties, they don't realky care for that and actually most of them dump immediately even price still too low to sell. For those who haven't exerting more efforts to earn bounties, it's so pressure to buy coins with your personal income and learn how to observe the current market trend of the invested coin. So you really needed to experience the goodness of how exciting trading is, acquired time is really needed in order to be more mature with this type of profitable investments of trading at exchange markets.

[bohr]

i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically.
what is your opinion?

I know that when it comes to money it is difficult to think rationally especially if you are seeing that the trade you made is losing more and more money, but we need to be very cold and calm when it comes to trading you need to know why are you doing a trade, are you waiting for a price increase in some months, then there is not much of a problem if one of your trades does not go right but if you do not know why you are trading then you will panic and take bad decisions.

[1Referee]

I know that when it comes to money it is difficult to think rationally especially if you are seeing that the trade you made is losing more and more money, but we need to be very cold and calm when it comes to trading you need to know why are you doing a trade, are you waiting for a price increase in some months, then there is not much of a problem if one of your trades does not go right but if you do not know why you are trading then you will panic and take bad decisions.

It's not difficult at all. If you don't overbuy, or don't invest/trade with money that isn't meant to take risks with, then you won't find yourself go nuts at the time you're losing on a trade. It doesn't matter how skilled you are, every trader is swallowing losses on a certain part of their trades. The difference is that these skilled traders make more profitable than losing trades, and that's what most of the people aren't able to accomplish - for them, trading is a pure losing game. These people shouldn't put their nose into something they aren't ready for. If we're talking about longer term trading, then things are a bit different. In case you end up selling too early, or buying too late, then there is not much that one can do other than waiting for the price to rebound or fall down. If you sell at a loss, it will be a very difficult task to recoup these losses with other trades. It will take far too much of your time, and there is no guarantee that your patience will pay off. That's why day trading allows one to take a hit or two out of the numerous trades without much problems - it's collateral damage.

[bengems]

I have noticed that the more u engage urself in day trading, the more u enter at wrong prices, losses and bag holding. I have personally chose to be an investor with little trade volume. Day trading is only when I see the opportunity to enter and exit aa soon as I can with profit, but I don't do it everyday.

[gabmen]

I have noticed that the more u engage urself in day trading, the more u enter at wrong prices, losses and bag holding. I have personally chose to be an investor with little trade volume. Day trading is only when I see the opportunity to enter and exit aa soon as I can with profit, but I don't do it everyday.

That's right. Me too i seem to be getting anxious and am having a hard time not getting my emotions involved when i day trade. I agree with your strategy dude that it going to br safer if you don't take too much time observing the market volatility because however experienced you are you'll still get that feeling of anxiety

[Wa(t)ch_night()]

Trade takes a long time due to the fact that there you need to analyze everything thoroughly in order to make a profit, not disappointment. If there is not much time, it is better to invest.

[Mahanton]

i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically.
what is your opinion?

Spending too much time on trading isnt really actually bad , the thing here is that you do really have been affected too much on your emotions which is mainly the cause why we do make some mistakes.If you do feel this kind of situation taking a break for sometime isnt really bad and really must do because if you do stress out yourself you will surely commit mistakes.

[johnwest]

Trade takes a long time due to the fact that there you need to analyze everything thoroughly in order to make a profit, not disappointment. If there is not much time, it is better to invest.

In this technological era, you can use the best applications and ticker notifications to get all the updated rates. So I dont spend too much time watching the rates. I just set perimeters and wait for the dump or pump.

[feiss]

I have noticed that the more u engage urself in day trading, the more u enter at wrong prices, losses and bag holding. I have personally chose to be an investor with little trade volume. Day trading is only when I see the opportunity to enter and exit aa soon as I can with profit, but I don't do it everyday.

That's right. Me too i seem to be getting anxious and am having a hard time not getting my emotions involved when i day trade. I agree with your strategy dude that it going to br safer if you don't take too much time observing the market volatility because however experienced you are you'll still get that feeling of anxiety

Same with me I guess observing the market from time to time makes you nervous and want to make decisions right away before losing something but in the end you loss so much that makes you think you're not good at making decision this is where anxiety comes.

[Tungsten-1]

I have noticed that the more u engage urself in day trading, the more u enter at wrong prices, losses and bag holding. I have personally chose to be an investor with little trade volume. Day trading is only when I see the opportunity to enter and exit aa soon as I can with profit, but I don't do it everyday.

That's right. Me too i seem to be getting anxious and am having a hard time not getting my emotions involved when i day trade. I agree with your strategy dude that it going to br safer if you don't take too much time observing the market volatility because however experienced you are you'll still get that feeling of anxiety

Same with me I guess observing the market from time to time makes you nervous and want to make decisions right away before losing something but in the end you loss so much that makes you think you're not good at making decision this is where anxiety comes.

Indeed! That’s why it is countless times mentioned on this forum that trading requires a lot of patience and deep analysis. It is recommended to study your coin history before investing into it. That really helps coping dumping phases successfully. There are many methods of avoiding anxiety.

[Klausi]

I have noticed that the more u engage urself in day trading, the more u enter at wrong prices, losses and bag holding. I have personally chose to be an investor with little trade volume. Day trading is only when I see the opportunity to enter and exit aa soon as I can with profit, but I don't do it everyday.

That's right. Me too i seem to be getting anxious and am having a hard time not getting my emotions involved when i day trade. I agree with your strategy dude that it going to br safer if you don't take too much time observing the market volatility because however experienced you are you'll still get that feeling of anxiety

Same with me I guess observing the market from time to time makes you nervous and want to make decisions right away before losing something but in the end you loss so much that makes you think you're not good at making decision this is where anxiety comes.

Indeed! That’s why it is countless times mentioned on this forum that trading requires a lot of patience and deep analysis. It is recommended to study your coin history before investing into it. That really helps coping dumping phases successfully. There are many methods of avoiding anxiety.

Partly true. When we trade, we have to wait of course and we can't predict what happens next. Though it tests your patience,but there are times when it is really disappointing especially when it slowly rises or drops off immediately. I agree that we should know the history of each coin so that there's nothing to worry when trading some small amount. It will just surpass all challlenges in bitcoin

[bohr]

I have noticed that the more u engage urself in day trading, the more u enter at wrong prices, losses and bag holding. I have personally chose to be an investor with little trade volume. Day trading is only when I see the opportunity to enter and exit aa soon as I can with profit, but I don't do it everyday.

It is known that day trading despite its popularity is a game that only the master trader can win, the sheer amount of information that you need to absorb in a matter of seconds and then use that information to try to make the right trade is incredible, I do not know why people think that trading is easy, trading can be made easier the less trades you make and that can only be achieved if you trade for the long term and do not day trade.

[cexylikepie]

I have noticed that the more u engage urself in day trading, the more u enter at wrong prices, losses and bag holding. I have personally chose to be an investor with little trade volume. Day trading is only when I see the opportunity to enter and exit aa soon as I can with profit, but I don't do it everyday.

That's right. Me too i seem to be getting anxious and am having a hard time not getting my emotions involved when i day trade. I agree with your strategy dude that it going to br safer if you don't take too much time observing the market volatility because however experienced you are you'll still get that feeling of anxiety

Same with me I guess observing the market from time to time makes you nervous and want to make decisions right away before losing something but in the end you loss so much that makes you think you're not good at making decision this is where anxiety comes.

Indeed! That’s why it is countless times mentioned on this forum that trading requires a lot of patience and deep analysis. It is recommended to study your coin history before investing into it. That really helps coping dumping phases successfully. There are many methods of avoiding anxiety.

History chart price, supply and demand, mentality of trader on market, the reason make whales want create scenario, etc ... all requirements you need have if you want become to professional trader and avoid spend too much time for trading.

[bitbunnny]

To become a good trader it takes time. Lot of learning, trying, experimenting on the market. Many people don't have enough patience to wait  for the results and profit so they often give up fast. I believe trading takes a lot time spent on the market, if you are present only occasionaly there is not much chance to become successful trader.

[lovesybitz]

i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically.
what is your opinion?

Yes that's correct, If you're new in trading world industry, your start capital must be small first before you put a big amount of capital so it may not hurt you much if ever you fail to grow it.

[ladydark]

i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically.
what is your opinion?

Spending too much time in trading in the beginning would be definitely helpful for gaining required experience.Without spending time in trading,nothing could be learnt.But at the same time,we should not think that only spending more time in trading would help us to become a professional trader.Even it is said that professional traders do only two or three trades a month and they earn more than the newbies who do around even thirty trades during the same time.

[nexus99]

There is no thing as too much time to be spent on trading. It really depends on what type of decision-maker you are. If you make hasty decisions and then check the fluctuations on the market every minute and panic - that's really the wrong way to do it. But when you are balanced and grounded it's perfectly ok to give yourself time to think over your well-targeted decisions.

[SokrieeE]

Trading very attractive and more traders need to watch 24\7 a day which cause lot of headache this my view i don't know about other.

[bulala]

well to make alot of many you need a lot of time doing one thing or the other...in my view for a trader u need to watch the makert at all time if you can...i know people who employe people to just sit and watch the market....so it totly how much trade u r looking in to