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Author Topic: Don't Spend Too Much Time Trading? is that true?  (Read 17492 times)
ace4549
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February 13, 2018, 03:05:47 PM
 #701

No, actually trading is really taught job since your analytical and decision making skills is needed in order to success, therefore you need to spend lots of time to this in order to secure that the decision you will make is appropriate in the circumstances that you are facing right now.
MadonnaLover
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February 13, 2018, 03:29:08 PM
 #702

The quantity of time is not the real issue, the real issue is acting upon rational thinking or emotions, the latter being the path to disaster. As for the time, it very much depends the timeframe you are trading. If your trades are based on the daily chart, you really don't need to spend much time trading.
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February 13, 2018, 03:44:13 PM
 #703

This is just my opinion, sometimes when the crypto-currencies trading market is in a very bad shape with huge price drops on bitcoin and almost most of the altcoins too, I would prefer to take a short break from logging into crypto-currencies exchanges to do trading, as it would only worsen my mood more by looking at the candle chart.

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Farvin2
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February 15, 2018, 02:38:23 AM
 #704

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?

Day trading must be very risky, and that is true that don't spend too much time in trading because it will make you greedy, your brain will be tired and you will make the wrong decisions. Trading is frustrating sometimes because you need to have patience on waiting till the price rise again.
star19
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February 15, 2018, 02:19:58 PM
 #705

It is a totally wrong because without time spend nobody can learn trading, so if you don’t spend too much time with your trading you can’t doing trading and if you start trading without learn you can lose your money so you must spend your time with your trading hope you understand.
panganib999
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February 15, 2018, 02:30:12 PM
 #706

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?
There is certain type of trading that does not requires to much time for us in terms of managing. I think it will always depends on how we are going to manage our trading or what we type of trading we would choose on the future. For me investments in trading is quite necessary to consider for us to gain more profit a part on our earning but it does not mean we should take much time on trading.
osasshem
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February 15, 2018, 02:50:43 PM
 #707

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?
  For me, there is nothing wrong with Spending much time in trading, cause the good and well experienced traders are earning very well, due to some strong decisions they make and are able to deal with their emotions at the point of loss. So, if one can deal with all this, trading is the best part of crypto currencies.
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February 15, 2018, 04:09:59 PM
 #708

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?

Day trading must be very risky, and that is true that don't spend too much time in trading because it will make you greedy, your brain will be tired and you will make the wrong decisions. Trading is frustrating sometimes because you need to have patience on waiting till the price rise again.
Nowadays I almost do not participate in trade but invest in ICO projects because trade is too risky because the market volatility makes the crypto coin you invest seriously decreases that you can not respond promptly. ICO investment in my opinion is safer if you invest a lot of time to research and analyze the good projects to invest, you will buy the token with the lowest price and certainly when it is traded on the floor. The transaction will increase sharply.

OrangeII
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February 15, 2018, 04:32:06 PM
 #709

well, sometimes I trade at night, and it's like a very cool hobby. Well, spending a long time for trading I think is very useless, because the price can go up at least 24 hours, and you can see the difference. we can not determine the time of dump and pump, but spending time for trading will only make you stress. better order, and wait.

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February 16, 2018, 10:35:07 AM
 #710

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?

yes it's true, too many trading may lead to too any mistakes
Borisb52
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February 16, 2018, 10:39:08 AM
 #711

If you trade within a day, then you need to constantly monitor and analyze the behavior of the market. And this is exactly what takes a very long time. Therefore, trade takes a very long time. But this time needs to be spent on analysis and control. And not to commit a large number of transactions.
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February 16, 2018, 11:55:12 AM
 #712

depends on you. If you have social life, friends, job, school etc. yea don't spend too much time for trading.

xxlouisxx
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February 16, 2018, 12:06:23 PM
 #713

In my opinion those who lose too much profit in trading are traders that doesnt do well obviously and just want to switch on other jobs that are related to bitcoin. I do not think so, it depends on each person, some people spend a lot of time for trading because they traded the day, not hold in the long term, they have experience and they can control emotions, that helps them make no wrong decisions or panic selling.
htconem7
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February 16, 2018, 12:06:38 PM
 #714

Before trading, we need to determine that we are trading day or holding in the long run and from there, we can know the time we spend trading is long or short. This is not true providing you know the trading techniques and know when to buy/sell and from where to buy/sell. More you trade better will be your understanding and prospect to buy/sell frequently will yield you profits during the course of time
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February 16, 2018, 12:06:53 PM
 #715

Earning bitcoin acts as hope for students like me who wabts to earn while studying and for someone who wants financial freedom in the future. The more I spend time in it the more interested I became because there are still a lot for me to learn regarding bitcoin trading
Emperor of Man
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February 16, 2018, 12:19:28 PM
 #716

On trading itself, yes. Why would you spend hours trading? That makes you do 100 trades a day, and believe me, that's the best way to say goodbye to your money!

But if you spend your time studying about the market and trading and improving yourself, then it's great. The more the better. Smiley
Birin016
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February 16, 2018, 02:17:30 PM
 #717

for sure because I'm putting my time in trading because you really need to keep an eye on trading so you can not lose and earn a big deal, because once you do not watch your trading you're losing money then you have to invest as much as you should you're legit and buy someone else to try it out so it's not quick to get a coin.
SkustaClee
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February 16, 2018, 02:34:47 PM
 #718

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?
I think it is true. There is a study that are proving that spending too much time in trading can lead to do bad decisions. There is psychological effect where the trader can't focus on what he/she thinking. It is one of the reason why many people can't control their emotions that leads to lose their money.
cicciobtc
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February 16, 2018, 10:57:27 PM
 #719

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?
I think it is true. There is a study that are proving that spending too much time in trading can lead to do bad decisions. There is psychological effect where the trader can't focus on what he/she thinking. It is one of the reason why many people can't control their emotions that leads to lose their money.

to make a good profit in trading, it is necessary to dedicate the right time but this must be of high quality. Trading is a job and needs the right time, study, the right skills and knowledge.
you can not therefore reduce everything to the amount of time, but it is more important how this is used.

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simpleholmes
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February 16, 2018, 11:30:55 PM
 #720

spending too much trading actually makes you more experienced trader and in your next moves you would be more professional, imagine if you didn`t spend time and make those emotionally mistakes you wouldn`t know that you are making emotionally mistakes.
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