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

[Casdinyard]

Don't get be easily swayed by your emotion as it can only lead to making impulsive decisions.
The result, you lose some of your life savings and end up nothing.
Better have some readings to gain proper knowledge that can be use in trading.
Your experience too can help you a lot in dealing with these problems.

[arpon11]

It is very truth! Too much time will bring emotions into your trade and most times negative emotions. The best way to trade successfull is to develop software or bot that can trade on your behalf. By doing so you have eliminate emotions and times from your trading.

[danherbias07]

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?

You are not stupid. Many users have walked the way you did.
I am one. But after that I got too make more precise decision.
You see, when we do something wrong we learn from it. Then, next time we get it right it will be almost perfect. Although there are still bumps where we lose, again we got the experience out of it to stand up for the next trade.

[weblouartisan]

You can spend time but it should not be much that results to stress and lack of sleep during nigh time. Limit trades and set your time if you are a day trader. In my experience the more time you overspend looking at those charts the more emotional you becomes.

I think this is true, Your'e always thinking on how your'e going to get your profit back. So what will happen's next is your keep on eyeing on the chart. Best thing to do is that build your'e own mining rig if you have enough budget. So that while waiting for the odds to get increase is that you have already your'e passive income that's keep on getting higher.

[bluefirecorp]

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?

If you are a day trader, need spend more time for trading, it very important when you still not close your order. But if you are type holder (as me), every day you can check price altcoin you hold 1-2 times or not need check if you set target and placed order sell your coin with this price. All depends your type trade.

That’s a sincere piece of advice. There is absolutely no problem in spending too much time with trading; the problem lies in his capacity and ability to do trading. If you have bad command over your emotions, first try to learn how to manage stress and then as you said, he should go for sound study of trading.  Just work on these things and soon you will be among the luckiest traders.

[avikz]

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?

Well, that a relative phase. If you are making mistakes and not getting much profit, you may think that you are spending too much time in trading and that's frustrating. You are true as per your situation. However, it may change if you start getting desired profits from your trading activities.

I don't spend much time trading because I have a day job and I earn a decent salary from my job which takes care of my daily expenses. And whatever I earn from my trading activities, goes in to my savings. So for me, the more time I devote towards my trading, the more profit I make.

[dothebeats]

Whatever you learn in trading, you will get mostly from doing it first hand. 90% of your knowledge in trading will come from actual trades, the remaining 10% you will read from paper. Losing money in your first days as a trader is fine. It's expected; just don't tilt and go full retard. You need to take note of what wrong have you done in your previous trades and use that knowledge to come back stronger.

[gabmen]

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?

That's what will happen if you observe too much the movement on the exchange. You will see all the drops and pumps and your emotions will come to play when you see the fluctuations. That's why its better to juat leave it for a bit when you buy. Just leave an order and check it every once in a while.

[Hammonds]

Just one thing that is a problem for you, you are less able to control emotions because in trading emotions and panic will make traders lose control.

[AliMan]

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?

change your attitude thats it, if you are inpatience you are going to scare if the price going down  makes the trading a hobby so you can play well .

[Bagaji]

Too much time trying to understudy or analyze the market  before you make a decision is not a bad idea but it is the the decision you made that matter. If you too much time and at the end your analysis turn out negative consecutively it then mean that you are not a good trader. It is better you go and lean what trading is all about particularly in crypto currency or stay away from trading for trading is not meant for everybody.

[Serco]

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?

That's what will happen if you observe too much the movement on the exchange. You will see all the drops and pumps and your emotions will come to play when you see the fluctuations. That's why its better to juat leave it for a bit when you buy. Just leave an order and check it every once in a while.

I also do this exactly as you say on the sidelines of time I always take the time to see my order in exchange. After the market I always take the time to come to this forum

[melted349]

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?

That's what will happen if you observe too much the movement on the exchange. You will see all the drops and pumps and your emotions will come to play when you see the fluctuations. That's why its better to juat leave it for a bit when you buy. Just leave an order and check it every once in a while.

I also do this exactly as you say on the sidelines of time I always take the time to see my order in exchange. After the market I always take the time to come to this forum

Exactly what i do too for me taking too much time is not bad just like what they said you see the up and down but if you are a good trader for the time you see it down and you dont panic at all that would be great. So for me just let what you trade and take your time in forum and after that you can also check your trade.

[batang_bitcoin]

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?

Just learn from those mistakes that you did. I know that there will be a day that you'll be fine enough after those mistakes. It's fine to spend too much time for trading as you analyze the market and what are the potential coins that can be good upon buying and will give you profit once you sold them. Pursue your career and learn from those mistakes.

[JL421]

Have a mixed opinion about this but it's sometimes true and sometimes isn't. There are people woth huge funds used for trading like 1 bitcoin or 10 bitcoin for them spending too much time on trading is fine as you have to make sure not to get too much loss and there are traders with 0.001 and trying to earn 1 bitcoin in few days and they spend endless time but don't have funds to actually make spending that crucial time worth

[boris singer]

Have a mixed opinion about this but it's sometimes true and sometimes isn't. There are people woth huge funds used for trading like 1 bitcoin or 10 bitcoin for them spending too much time on trading is fine as you have to make sure not to get too much loss and there are traders with 0.001 and trying to earn 1 bitcoin in few days and they spend endless time but don't have funds to actually make spending that crucial time worth

Long dependency will make our emotions negative, and also with trade, we should not be involved too long and use only a few hours a day continuously. It also depends on the type of trader itself, many of which focus throughout the day as this is a daily habit.

[Rinsend]

Have a mixed opinion about this but it's sometimes true and sometimes isn't. There are people woth huge funds used for trading like 1 bitcoin or 10 bitcoin for them spending too much time on trading is fine as you have to make sure not to get too much loss and there are traders with 0.001 and trying to earn 1 bitcoin in few days and they spend endless time but don't have funds to actually make spending that crucial time worth

Trading using large funds such as 1 btc - 10 btc is very profitable, but it is all in accordance with the risks that may occur to the owner of the funds, he may lose a lot of bitcoinnta in because of a drop / fall in price. All could happen

[iqlimasyadiqa]

Perhaps more precisely is in taking a decision. Essentially you should be able to estimate the exact time when to sell and when to buy. When we feel not getting a profit then the best thing is to be patient, wait until we can see the margin of selling and buying action. When the margin already shows the profit graph then it would not hurt to sell the coin that we have.

[jk_14]

You should spend little time executing trades. But you can not possibly spend too much time researching and studying trading and trading opportunities. While there is money to be made in short-term trades, that is best left to trading bots.
If you spend more time researching and studying than actually trading, you will be making more profit in the long-term for sure. Your learned skills will also be useful for the rest of your life! So it's better to learn more than to spend too much time trading manually.

[eddie13]

In order for me to be any good trading I have to spend a day or 2 trading before I make my first trade it seems..

Figure out what rhythm the markets are in..