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Author Topic: Don't Spend Too Much Time Trading? is that true?  (Read 17490 times)
HatakeKakashi
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August 18, 2017, 01:22:15 PM
 #181

For me its better to spend more time in trading because for sure if you spend more time in trading you can know the coin pumping and dumping or you can see what coin the best to buy. For sure you will earn more chances to earn bit profit if you spent more time in trading but it depends to your luck if you get profit or not. But me I think I spent only 2-3 hours as of now because im busy in school.

 
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holepauvre
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August 18, 2017, 01:32:23 PM
 #182

Do you think it's possible to make money by spending 1 or 2h/day the evening after work ?
ankylotic
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August 18, 2017, 01:52:42 PM
 #183

For me its better to spend more time in trading because for sure if you spend more time in trading you can know the coin pumping and dumping or you can see what coin the best to buy. For sure you will earn more chances to earn bit profit if you spent more time in trading but it depends to your luck if you get profit or not. But me I think I spent only 2-3 hours as of now because im busy in school.
most of the time i have listen this term is for gambling but you are saying totally different. i am quite agree with you bro i think for me spending more time in trading helps me in getting knowledge about it and it has updated me for the up and down of the coins and help me to take the right decision in trading.
as long as you give time to trading.
it will gives you enough update so, you can automatically  take right decision for your short term or long term investment.
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August 18, 2017, 02:03:08 PM
 #184

i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically. Cry
what is your opinion?
It is more better to spend time in trading rather than in gambling like the other's do. Anyway, it doesn't bad to spend time on trading because trading is not an easy job meaning, it is just normal because you must keep updated and monitor the coins that you are trading. Anytime it suddenly change hence you must be keep updated.

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August 18, 2017, 02:06:18 PM
 #185

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

In trading you need to control your emotions because once it overtook you then you are bound to lose because you are not rational with your decisions. Since you are still new in trading, you should spend more time to have the experience necessary to be able to trade without the hindrance of your emotions because you can fully control it when you practice consistently. You can develop your own trading strategy and will know what aspects you need to strengthen to have a profitable trading.

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dunfida
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August 18, 2017, 02:09:39 PM
 #186

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

In trading you need to control your emotions because once it overtook you then you are bound to lose because you are not rational with your decisions. Since you are still new in trading, you should spend more time to have the experience necessary to be able to trade without the hindrance of your emotions because you can fully control it when you practice consistently. You can develop your own trading strategy and will know what aspects you need to strengthen to have a profitable trading.
Experience and Knowledge would really mold up along the way if we do make trading for longer periods of time and engaging with it simultaneously and as being said we would able to enhance our skills and at the same time that emotion that do affects us when we are still newbie would already be controlled.It really takes time and we should not really be in a hurry to make good trades there are lots of factors will surely affect you along the way.

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August 18, 2017, 02:23:00 PM
 #187

i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically. Cry
what is your opinion?
It is more better to spend time in trading rather than in gambling like the other's do. Anyway, it doesn't bad to spend time on trading because trading is not an easy job meaning, it is just normal because you must keep updated and monitor the coins that you are trading. Anytime it suddenly change hence you must be keep updated.
Trading is not an easy way especially if you doesn't know how to manage your emotions also in gambling its a lost of control so in order to have a good trade you need to control it or set an amount then leave the trade have some notification on your coins. Spending time in trading and all day watching may effect you to sell or buy just because on what you see in the charts and price.

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August 18, 2017, 03:20:55 PM
 #188

Trading is a crucial task and should be done with care especially when you don't think logically and go with emotions. The first thing should be putting your emotions aside because market sentiments don't work that way (and I learned the same thing with my own BCH investment mistake). Secondly, set a goal and if you see it getting reached, get out without waiting for more higher prices because markets can go against you any time.
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August 18, 2017, 04:00:25 PM
 #189

i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically. Cry
what is your opinion?
It is more better to spend time in trading rather than in gambling like the other's do. Anyway, it doesn't bad to spend time on trading because trading is not an easy job meaning, it is just normal because you must keep updated and monitor the coins that you are trading. Anytime it suddenly change hence you must be keep updated.
Trading is not an easy way especially if you doesn't know how to manage your emotions also in gambling its a lost of control so in order to have a good trade you need to control it or set an amount then leave the trade have some notification on your coins. Spending time in trading and all day watching may effect you to sell or buy just because on what you see in the charts and price.
- Yeah, in trading, we need good emotional management, and so I think we should not spend too much time on the trade, it makes us easily lose control and panic selling, spent too much time for trading is a common mistake of many traders
- We should know trading is a psychological game, and when we start trading, time, price and pressure are factors that make our psychology easily affected, spend too much time to observe the price, we will more easily make mistakes, we need to limit that
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August 18, 2017, 06:22:14 PM
 #190

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

In trading you require complete understand of Bitcoin and its market . It require skills to analysis and do forecasting which will help you buy at the lower rate and sell at high. If you understand the forecasting you can make lot of money else you may otherwise even lose it .
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August 18, 2017, 06:28:22 PM
 #191

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

In trading you require complete understand of Bitcoin and its market . It require skills to analysis and do forecasting which will help you buy at the lower rate and sell at high. If you understand the forecasting you can make lot of money else you may otherwise even lose it .


Yes and through that needed understanding you end up spending a lot of time researching and making your own opinions on investments. To answer OP's title question I think that there is no way to properly trade and be in profit if you don't spend ample time on signals. It's a very involved process which is why there are so many people who have dedicated jobs just about this.

This area is up for grabs! PM me if you're interested.
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August 18, 2017, 06:33:09 PM
 #192

Trading is a crucial task and should be done with care especially when you don't think logically and go with emotions. The first thing should be putting your emotions aside because market sentiments don't work that way (and I learned the same thing with my own BCH investment mistake).
It is not as simple as how it sounds theoretically. You cannot stay calm when you are capital is at peril. Only for professional it will be possible to put their emotions aside. But to reach the state of being professional, a common man must need to face many similar situations.

Secondly, set a goal and if you see it getting reached, get out without waiting for more higher prices because markets can go against you any time.
This also kind of emotion control. Because when we are seeing some profit then we will start focusing on next targets. Controlling our greedy is also possible only after being a professional traders. I do not think it has nothing to do how much time we are spending in front of markets.

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August 19, 2017, 01:25:13 AM
 #193

i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically. Cry
what is your opinion?
It is more better to spend time in trading rather than in gambling like the other's do. Anyway, it doesn't bad to spend time on trading because trading is not an easy job meaning, it is just normal because you must keep updated and monitor the coins that you are trading. Anytime it suddenly change hence you must be keep updated.
Spending more time in trading is fine as long as you don't get your emotions involved. Because once it does, bad results and trade are most likely the outcome of it. To avoid emotional factors on the trade, you must be sure of the trade happening and monitoring is a very good way to help yourself calm and rely on wha't happening.
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August 19, 2017, 02:52:43 AM
 #194

Ahhhh, i think, you need more experience in trading bitcoin. A mistake is delayed success. So, analyzing your mistake, learning it. In early, u must monitoring chart about movement price in bitcoin, do it and repeat until u have more experience in trading bitcoin.

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August 19, 2017, 03:01:36 AM
 #195

i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically. Cry
what is your opinion?
It is more better to spend time in trading rather than in gambling like the other's do. Anyway, it doesn't bad to spend time on trading because trading is not an easy job meaning, it is just normal because you must keep updated and monitor the coins that you are trading. Anytime it suddenly change hence you must be keep updated.
Spending more time in trading is fine as long as you don't get your emotions involved. Because once it does, bad results and trade are most likely the outcome of it. To avoid emotional factors on the trade, you must be sure of the trade happening and monitoring is a very good way to help yourself calm and rely on wha't happening.

in trading, we must control our emotions and not become panic when we see bad things happen. only us that will know how much we want for spending our time but I am agree that we don't have to spend much time for trading. we still have another things that we should do for our life. so do trading and expect for profit while we must be careful to make decision to buy and sell coins.



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BobBct
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August 19, 2017, 04:39:44 AM
 #196

If your a beginner trading takes time to learn.
It's not instant there are many process in trading.
Always be aware that trading is a risk you can loose or earn money.
But if you mastered trading it would be only like 15 mins long.

The answer for your question
Trading takes time and patience is the key for a successful trade.
Ann Impas
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August 19, 2017, 05:34:27 AM
 #197

Trading doesn't take time that much only at first because you don't know what are you doing but if you get the hang of it it would be more easier.
Mr.grin
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August 19, 2017, 06:54:39 AM
 #198

In fact you do not need to waste a lot of time in trading, because when you've analyzed, you just have to wait and be sure with the results of the analysis you're thinking about. Well, you just have to wait and do the other, but there will be other sensations if you always see them.  Grin
wantjokull
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August 19, 2017, 07:55:27 AM
 #199


Nothing like that as long as you are profitable and not emotional! You yourself agree that you are emotional while trading which not at all healthy stuff. The reason is simple, you get panicked whenever there is situation like dumping of coins, or coin loosing its value naturally. In that case you will start making the “Panick sell” loosing whatever you have invested. This must be controlled. With that only you can have good trading strategy and can sustain for loner in the market. :-)



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d0flaming0
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August 19, 2017, 08:21:25 AM
 #200

In fact you do not need to waste a lot of time in trading, because when you've analyzed, you just have to wait and be sure with the results of the analysis you're thinking about. Well, you just have to wait and do the other, but there will be other sensations if you always see them.  Grin
and if you got at a wrong entry point then, you can still re-evaluate and study again, while at the same time you are holding it. there isn't any wrong on holding for a wrong time or selling instantly as long as you have profit. my tactics goes like this, i just buy for now and then hold it for long time, besides the amount I am putting or investing to it is not that much needed or considered as spare money at the same time an investment as well. just have patience in trading.
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