Bitcoin Forum
May 25, 2024, 08:01:51 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 [19] 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 »
  Print  
Author Topic: Don't Spend Too Much Time Trading? is that true?  (Read 17490 times)
cinchin
Sr. Member
****
Offline Offline

Activity: 308
Merit: 250



View Profile
November 03, 2017, 01:50:05 PM
 #361

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?
That's actually the most probable thing to happen when you spend too much time in trading. You should not focus too much on the movement of the prices of cryptocurrencies in the market. Instead of watching the market the whole day, you should enjoy your life and use your day productively in other activities.

Also, keep in mind that trading is not a one-time job. You should treat it like a seed that you'll sow and will take care for a long time before it bears fruits.
Don't rush your investments to grow. You should be patient enough and stay calm, especially in money matters. There's no such thing as INSTANT MONEY. Everything needs time to grow and develop. And the thing that you should always avoid is MAKING DECISIONS WHEN YOU ARE IN NOT FEELING GOOD. In this business, it should be MIND over EMOTION.
- We spend too much time observing the price, our psychology will be very easy fluctuate and influence our decisions, we will always live in a state of hope, anxiety and fear, if this situation lasts, we will be very uncomfortable and the way to solve this problem is that we will sell everything
- Trading is a battlefield, it is not for the weak and can not control emotions, it is only for brave people and calm in every situation, we should determine the price to buy and the price to sell, the price to cut losses before investment, it can also be said that we are putting a limit on ourselves, it will help us to have methods in the face of different situations in trading.
changcloy
Full Member
***
Offline Offline

Activity: 448
Merit: 107


View Profile
November 03, 2017, 01:56:26 PM
 #362

i never do trading but i think if you do trading you are prepared for what will be the consequences because in trading you cannot predict what will happen if you will get more profit or you will be scam. if you are so focus in trading you might get ill  so give time for your self to relax and just don't expect too much..
konco_kenthel
Full Member
***
Offline Offline

Activity: 378
Merit: 100


View Profile
November 03, 2017, 02:46:33 PM
 #363

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?
If you are in bad condition or do not feel well stop for a moment to trade Because we automatically do not always focus on the job and the possibility of frequent high emotions that can result in fatal and result in losses to all assets you have can run out quickly.

Cacingkemi
Hero Member
*****
Offline Offline

Activity: 1484
Merit: 516



View Profile
November 03, 2017, 02:57:42 PM
 #364

In my opinion actually spend time to trade is a necessity because you are a trade which should always look at the price and read it,It's not bad to spend your time there but good because yah really must.Don't get panicked emotions must remain calm if inside a market.

Krillin61
Full Member
***
Offline Offline

Activity: 314
Merit: 105


View Profile
November 03, 2017, 02:58:57 PM
 #365

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 true indeed that you musn't spend too much on trading you should also try earn in other way like investment, mining and through this forum. Having an alternative way to earn bitcoin will give you higher profit. Having a single source of income will not make you successful you should find another way.
sheryl26
Full Member
***
Offline Offline

Activity: 322
Merit: 100



View Profile
November 03, 2017, 03:01:11 PM
 #366

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?

Yeah do not waste a lot of time through trading because it will just waste your time. Think from a lots of other ways to gain money to gain bitcoins because if you obly rely on only one source of income you will not succeed in this business. Do spend a lot of time through signature campaign bounty campaign twitter campaign and a lot more ways to gain different coins and tokens and that is the time you will do trading but it will not take too long. It is just a day of trading and wait for it, while waiting do some other jobs
aspirinix
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
November 03, 2017, 03:11:52 PM
 #367

If I was holding my investments from first day I would have 3x more money than now. But its fun to trade.
Victorycoin
Hero Member
*****
Offline Offline

Activity: 1134
Merit: 517



View Profile
November 03, 2017, 05:49:00 PM
 #368

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?
Its not really bad on spending too much time on trading since there are are active traders which do really spend their times on doing trading. This would really depend on what kind of trader you are. The suggested thing on here is when you do know how to stop specially when your mind or brain is quiet tired on doing trading because once you are tired you cant execute trades properly which causes mistakes. which causes for us to lose up money.
When you stay glued to your trading platform, you will most likely end up over-trading and taking up positions you ordinarily won't have taken. Mistakes become inevitable because of fatigue and inability to differentiate between real market signals and noise. A way out, is to always have at least a daily trading plan, drawn from one's market studies and analysis and sticking to them religiously.
naidray
Legendary
*
Offline Offline

Activity: 1232
Merit: 1029



View Profile
November 04, 2017, 08:01:56 AM
 #369

Spend much time for decide before buy/sell is good, you need to do that because you won't regret after all in future. Of course, too much time for trading can make your life have trouble, because not only trading need you spend your time to work, take care your health important make money.
In life, there should always be a balance. If you do something too much, then you may even end up doing it badly and then it affects you. Always have a limit and give room for other activities. I stopped day trading because it was affecting me every now and then which I see as something not good.

Long term to me even sounds much more better as you only have few minutes to make decisions, set your trade and then come back may be next day to see which one has gone through or which one to set again.
raven7886
Legendary
*
Offline Offline

Activity: 1512
Merit: 1041



View Profile
November 05, 2017, 05:42:12 PM
 #370

I know that the biggest profits were made by long-term investments. HODL i mean. Conclusions do it yourself.
Straight to the point conclusion, just do it yourself. I have always prefer long term anyway than day trading and it has worked pretty much for me so far. I still make use of the normal strategies I have and I look for the perfect moment to buy in which to me seems like the best.

Still, too much time on trading sometimes can always affect your level of thinking as you get so stressed out at the end, I am relating that to day trading though but just setting orders and just leaving the platform to do its thing at the end seems more to me like a better way.
richminded
Sr. Member
****
Offline Offline

Activity: 798
Merit: 268


View Profile
November 05, 2017, 11:52:37 PM
Last edit: November 16, 2017, 11:56:02 PM by richminded
 #371

Yes don't spend too much time on trading. Your brain will be tired.And you will make the wrong decisions, bad selections . Make your brain relax then your brain will make the right things.

It's really hard to make decision when you are stressed reading all the charts. Yeah for me don't spend too much time on trading since it's really hard to analyze the market and the price movements and you might loose your social life. So balance everything and manage your time well so you will not loose your family just to make good money.
MMA
Legendary
*
Offline Offline

Activity: 1134
Merit: 1000


View Profile
November 06, 2017, 01:03:00 AM
 #372

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?

Yeah do not waste a lot of time through trading because it will just waste your time. Think from a lots of other ways to gain money to gain bitcoins because if you obly rely on only one source of income you will not succeed in this business. Do spend a lot of time through signature campaign bounty campaign twitter campaign and a lot more ways to gain different coins and tokens and that is the time you will do trading but it will not take too long. It is just a day of trading and wait for it, while waiting do some other jobs
Trading is a profession and is a mean of earning money. I think it is depending on your experience to become more effective in trading and you can experience in trading if you are spending more time in trading. There are a lot of experience traders they in fact reach to that level because they have spend a lot of time in trading and now they know all the good and bad in trading. he can  also choose the right time to trading, so trading is require a lot of experience and that one can get with the passage of time.
JTASSOCIATES
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
November 06, 2017, 01:19:39 AM
 #373

Spending too much time in trading is not a wrong stratagem.

Trading is 100% risk without taking risk in life it is not possible to achieve in life.

By giving time in trading we will get more chance of analyzing the positive and negative of the investment once it get high we should not hesitate to book the profit and when it is in dip we should not panic and start selling it. We should stick with the basic of sell at high and buy at low.

▂▂▃▃  TRADE CRYPTOCURRENCIES | INDEXES | FUNDS ▃▃▂▂
●▬●▬●▬●▬●▬●▬●▬●▬●▬●▬●▬● BITOTAL.COM ●▬●▬●▬●▬●▬●▬●▬●▬●▬●▬●▬●
░▒▓█ DEPOSIT BONUS | 0% TRADE FEES | WIDE COIN OFFER | EXCLUSIVE ICO'S █▓▒░
wayaneka
Full Member
***
Offline Offline

Activity: 644
Merit: 101



View Profile WWW
November 06, 2017, 01:36:26 AM
 #374

Yes that true, because when we spend too much time in trading we will be greedy and will be emotional in trading because we felt  tired. Keep focus but not over trading is much better so we can keep emotional. Keep psikilogis in trading is most important to get consistent profit than skill about technical analysis.

vv181
Legendary
*
Offline Offline

Activity: 1932
Merit: 1273


View Profile
November 06, 2017, 02:07:28 AM
 #375

The problem is a novice trader wants to confirm the advisability of his trade by taking profit whenever possible. Trading with small percentage gain that's what makes overtrading. The solution is to minimize the risk and Maximize the return.
Chibykesman
Member
**
Offline Offline

Activity: 70
Merit: 10

Interested in bitcoin


View Profile
November 06, 2017, 05:15:53 AM
 #376

It is not all about spending too much time on trading, question should be what are you trading.
It does matter how much more, or time I spend on trading as far what I do I will achieve from it, time spending does matter.
phpartisanmaster
Member
**
Offline Offline

Activity: 350
Merit: 10


View Profile
November 06, 2017, 06:40:27 AM
 #377

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?

You can do everything simultaneously depending on your time management, I can do trading while working on bounty campaigns and sometimes i am looking for an ico where i can do translations for their platform, Its all about time management.
Qartersa
Hero Member
*****
Offline Offline

Activity: 868
Merit: 535


View Profile
November 06, 2017, 10:32:17 AM
 #378

You cannot survive in trading business if you are too emotional about winning and losing. You have to master the art of thinking logically rather than being too emotional about trivial matters. In this business, it is important to listen to your gut feeling but at the same time work hard to get the luck you need. You cannot just sit, and wish for things to happen. You have to do something that will help you reach your full potential. And as I have said, study your data well, and be resilient in times of losses. It is all part of the cycle. Do not give up!
AjithBtc
Sr. Member
****
Offline Offline

Activity: 1666
Merit: 276


Vave.com - Crypto Casino


View Profile
November 06, 2017, 10:41:46 AM
 #379

With trading, more the time spent more will be the profiting. If you are a large volume of asset holder, then even a small price change will get you a profit. For the same one need to be highly observative. Based on the fact, more the time spent will lead to knowing better about the market yielding better profit.

hersey27
Newbie
*
Offline Offline

Activity: 29
Merit: 0


View Profile WWW
November 06, 2017, 10:47:59 AM
 #380

I don't think that it is bad to spend too much of your time on trading .
Because putting your time and effort on trading might give you good fortune ..
It is normal for a trader to spenf time on trading as it was their source of income 
Who knows !!! What if oneday it will all end up in good things Smiley
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 [19] 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!