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Author Topic: Don't Spend Too Much Time Trading? is that true?  (Read 17490 times)
mininghubby
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February 05, 2018, 12:55:04 PM
 #661

Daily trading really takes a lot of time and pressure because of the volatility of coin. So I prefer hold me coins for a long time.
agreed, and besides i don't see any problems with giving so much time on trading because what OP's problem is not being emotionally stable when there is a dip to his coins, i think everyone should prepared for the worst when it comes to trading in order to accept loss and stop your self by trading immediately.
I think if you are in to trading you should know that there is always a risk in all types of trading investment. Because the changes is much more likely to happened. Hence we should think positively the way that it may Serve as a good reason for us to make the most out of our tradings to earn more and to have a bigger profit in the future.
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February 05, 2018, 12:55:42 PM
 #662

It depends of what kind of trader are you. If you are a weekly trader so there's no need of too much focus of time but if you are a daily trader so you must focus to it to gain more profits or losses.

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February 07, 2018, 04:17:06 AM
 #663

trading is not as simple as people think.its an art.you learn each and everyday do mistakes a lot in emotions and fear.Never be greedy ,get rid of a trade when you 20 to 30 percent profit and dnt look back.Purchase a coin at 3 different prices when it dumped.First secure your trade amount then extend trade time to get profit ..ONE thing mistakes are much common in trading so just learn things with time .markket fluctuate everyday so you have to be very tricky with it .
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February 08, 2018, 06:10:59 AM
 #664

It is a fake, It is not true if someone want to start trading and if they don’t know about crypto currency trading he must need to spend too Many time to learn Trading. If you don’t spend too much time with trading you can’t start trading and you can’t make a profit with trading.
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February 08, 2018, 08:59:11 AM
 #665

It really depends on a person. I cannot imagine myself trading the whole day. It is too stressful, too much risk. I'd rather do my regular job that I like a lot, and that does not make me panic or freak out.
futureofeth
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February 08, 2018, 09:04:28 AM
 #666

It is false because there many people daily spending more time on trading because they invest their money into different coin and they will observe the market until they make the profit on it. Some people will learn the new thing when they spend more time in the market.
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February 08, 2018, 10:45:16 AM
 #667

All the people are not same minded. Some people spend their much time in trading and some are not. They spend their time in trading because they research market, analyzing market value, learning how to earn much money. I think spend of much time are passion of a trader.     
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February 08, 2018, 11:27:15 AM
 #668

if you do not follow the market frequently, you can lose the news and your chance. So, following the market and keeping calm are 2 things you have to do together.

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February 08, 2018, 11:43:05 AM
 #669

Yes it is true, I personally if keep seeing the market it will increase our emotions even we can make a great mistake, but it depends how we can control ourselves, and if you feel like that now there is a solution that is bot.

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February 08, 2018, 02:29:19 PM
Last edit: February 09, 2018, 05:49:46 AM by Webberson
 #670

Indeed, trading requires time, but the time is supposed to be spent on observing the coin and analysis of the market, not on the trade itself. Spending much time in an open trade, gives room for emotions to set-in, which is always not an ideal act in trading. You can spend much time trading but not in a trade.

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February 08, 2018, 03:02:03 PM
 #671

Indeed, trading requires time, but the time is supposed to be spent on observing the coin and analysis of the market, not on the trade itself that you've already entered. Spending much time in an open trade, gives room for emotions to set-in, which is always not an ideal act in trading. You can spend much time trading but not in a trade.
Trading requires our time, and I don't think that we will become profitable in trading if we don't have much of our time especially that we need to watch the flow of each coin that we wanted to have, so if you really wanna become expert in trading then you should be able to give time and effort before you will finally come up with your own strategy.
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February 08, 2018, 06:54:07 PM
 #672

Daily trading really takes a lot of time and pressure because of the volatility of coin. So I prefer hold me coins for a long time.
agreed, and besides i don't see any problems with giving so much time on trading because what OP's problem is not being emotionally stable when there is a dip to his coins, i think everyone should prepared for the worst when it comes to trading in order to accept loss and stop your self by trading immediately.
There is nothing can ensure that your coin will continue to increase its price in the next few months. Holding is only for the people who do not have any knowledge in trading and they want to invest their money in cryptocurrency. I am a day trader and I find that trading in a short term is very effective. Under a big pressure will make your more responsible to your money. And as the result, you will likely to understand how the market move

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February 09, 2018, 04:11:15 AM
 #673

Daily trading really takes a lot of time and pressure because of the volatility of coin. So I prefer hold me coins for a long time.

Daily trading really takes much effort, but it gives quick and sufficient income if you are not sitting idly. I spend many hours a day (up to 7-8) for trading and education.
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February 09, 2018, 05:34:30 AM
Last edit: February 09, 2018, 05:59:27 AM by ImSuparmin
 #674

yes it is true, it is good we have time by doing more than one job as long as we can manage time well, we can take advantage apart from trading, for example we can follow bounty and signatur.

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February 09, 2018, 05:39:38 AM
 #675

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?

Crying will not solve the problem for you, all you have to do is rise from adversity, stabilize your emotions, then you have to get back to work and most importantly take a valuable lesson from the events you are experiencing.

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February 09, 2018, 05:49:34 AM
 #676

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?

Crying will not solve the problem for you, all you have to do is rise from adversity, stabilize your emotions, then you have to get back to work and most importantly take a valuable lesson from the events you are experiencing.
we are the same think, I think that you are doing right but there is one thing you should improve in trading that is controlling emotions and ambitions, two things that make us lose everything,
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February 09, 2018, 05:53:39 AM
 #677

Daily trading really takes a lot of time and pressure because of the volatility of coin. So I prefer hold me coins for a long time.

Daily trading really takes much effort, but it gives quick and sufficient income if you are not sitting idly. I spend many hours a day (up to 7-8) for trading and education.
thats enough time to be educate and Earn in trading,because  theres a lot of new things trading has to give,i have been trading for long now,but still i am learning in many ways..if you ready for daytrade,you should give enough time.
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?

Crying will not solve the problem for you, all you have to do is rise from adversity, stabilize your emotions, then you have to get back to work and most importantly take a valuable lesson from the events you are experiencing.
since experience is best teacher,lets take those mistakes as a learning material for progress,your right mate crying is not an option to success
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February 09, 2018, 05:57:39 AM
 #678

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?

Trading is not that easy how you think first. Everone who is new into this business, has first to learn to controll their feelings. I had so much FUD when i try to trade the first time, and make so many mistakes and sell with loose, and seconds after that i would be in plus. So if you cant handle this, just try to simply hold your coins. When you have more experience with cryptocurrencies and you watch some charts and have some experience, you can try it again to trade.
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February 10, 2018, 04:42:13 AM
 #679

Spending hours or alloting a big chunk of your day to anything you want to specialize is extremely necessary and important if you want to master that skill or really become a subject matter expert on ideas.  The same holds true when artists spend countless hours rehearsing and practicing until they perfect their craft; how doctors study for years just so they could pcialize on a specific area of medicine; that's how traders are too, they spend hours each day just to study the market and the behavior of each element, how one is interlinked and affects the other.  Nonones becomes an expert overnight and so, even in the world of crypto, I know that you really have to spend hours researching and trading because you don't want to miss that chance when you could strike a good trade and be able tomprofit incredibly.

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February 10, 2018, 05:17:46 AM
 #680

There's nothing wrong about taking too much in trading i mean, why? Its not that bad. If thats your way in earning profits why not? Yeah? Smiley. So there's nothing wrong about it. Keep going keep trading. As long as everything feels right to you keep doin what you doing. Its your way, its you plan. Its you own way.
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