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Author Topic: Don't Spend Too Much Time Trading? is that true?  (Read 17490 times)
naily
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February 16, 2018, 11:39:47 PM
 #721

As a newcomer to trading this might be truebecause you just started learning the ropes.You should instead of trading read something that will add to your skill. Learning is essential to taking advantage of market situation

yes in crypto currency trading it is important to read the crypto market situation, but the value of the crypto market is not easy to guess, because their value or price is not influenced by the condition of a country, a good strategy in my opinion is to buy some potentially coin and let a few months, you just sell
jhongzjhong
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February 16, 2018, 11:40:38 PM
 #722

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.
Yes if you don't spend more time on trading then you must quit on it, especially day trader you must have too much time on crypto's by monitoring the chart price in every coins you purchased and trade to another coins. This is the reason i hate to be a day trader it cost a lot of time and of course the electricity cost also was there. Long time trader i think is lower risk compared to day trader.

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February 16, 2018, 11:55:15 PM
 #723

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 doing short term trades then you have to give too much time while sitting in front of your PC as you have to keep your eye on the market and when you see that the price increased enough then sell at that time while if you will do a long term trade then you do not need to give too much time as then you will just put your money in the coin and will go out site and at the targeted time you will come and sell your coins if it gave you the profit.
rxthree
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February 17, 2018, 12:06:52 AM
 #724

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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February 17, 2018, 01:13:32 AM
 #725

If you day trader you have to spend more time to trade because we should doing buying and selling many times and also doing cut loss strategy when market change to down trend. To manage emotion not should less time for trading but enjoy the trading and happy and dont to much doing analysis.

chocolah29
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February 17, 2018, 07:08:35 AM
 #726

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.

I don't think so because doing day trading requires you to focus and spend more time so you can track every movement of the coin. And sometimes whales are not into day trading as they mostly do swing trading and so there's a low chances of getting a high profit.

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jeraldskie11
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February 17, 2018, 07:55:00 AM
 #727

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?
No, you need to spend time on trading if really a trader you need to watch which coin will going to pump. Spending time in trading is getting you to be emotional so you need to control your emotions by yourself because it can contribute for the riskiness of your money.

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sallee2
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February 17, 2018, 11:10:07 AM
 #728

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?
[/quoteI think it is not enough to be successful, you have to have the experience and ability to feel the market to be able to buy at the lowest price and sell at the highest price. You need to learn the day from your failures to be able to draw experience for yourself and be firm in the face of all difficulties.
Good luck
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February 17, 2018, 12:03:53 PM
 #729

I think it depends on what type of trader you are because if you are a day trader, then it is your duty to spend time on trading and watch the changes of the value of every coin that you are to trade and if the value reached the goal that you want then sell it right away. But if you are a long term holder, then you do not need to consume or spend too much time in trading, what you must do is to just check your coin not too often for the changes in value.
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February 17, 2018, 12:57:10 PM
 #730

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. 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
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February 17, 2018, 12:57:24 PM
 #731

You can develop your own trading strategy and will know what aspects you need to strengthen to have a profitable trading. 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
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February 17, 2018, 12:57:39 PM
 #732

I think you will post your things for buy and you will received a message for your customer and the you can deal with him but if you want more profit from trade so then I think you need to give more time to trade because more things to buy can give you more profit so it’s up to you. As a part of investment , we should also take time to invest a lot of time for us to gain knowledge and to learn the real system of Bitcoin in terms of trading
MaskOffFuture
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February 17, 2018, 01:05:51 PM
 #733

I think it depends on what type of trader you are because if you are a day trader, then it is your duty to spend time on trading and watch the changes of the value of every coin that you are to trade and if the value reached the goal that you want then sell it right away. But if you are a long term holder, then you do not need to consume or spend too much time in trading, what you must do is to just check your coin not too often for the changes in value.

To be successful, you have to spend a lot time on trading. This is the only way to make earnings from the markets. You need to stıdy your lessons well so that you don't make important mistakes.
Mr.Anonymous
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February 18, 2018, 01:56:01 AM
 #734

Well, trading really needs time like 4-6 hours but if you are talking as you are almost a day trading then that's really bad.  Try to divide those hours for searching coins, short term trade and etc and put a time limit for each.
Maybe, it is not advisable to spend your money to trading as well as your time because if you will have to spend almost all of your time doing it then you can be crazy and have a sleepless night which is not good in our health, just focus on the coins that will give you much trading just like bitcoin.
In my opinion, we need to spend more time in trading to earn money because if we don't see the chart and the news
of each coins then we will be not updated on when to sell or when to buy, that's why it's hard to be a Master trader.
Today, we have many tools to help us save much times to track the news, update about the cryptocurrency. Not like the past, the power of community proved we can help each other on this space. You can join this Telegram BOT to receive more news, event about cryptocurrency, maybe, it can helps you save much times to follow which coin you are interesting

Telegram BOT: https://www.coinscalendar.com/bot/
ethereumhunter
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February 18, 2018, 02:04:56 AM
 #735

I think if we have a skills, we don't need to spend too much time for trading. just need a little time to set everything and we can do another thing. and if we can analyze with quickly, we can directly place the order buy and order sell after watching the market and predicting what will going to happen later. spending too much time for trading is not good for us because we could be addicting in trading because we still have many things that we can do in all day long.

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Harpawan
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February 18, 2018, 02:26:53 AM
 #736

If trading is not the main job, then quite a bit of time a spare.cintoh done at night.
While the time of day in use to do the main work.
So we have to be able to time between main work and side job (for example treding)
InvestMen
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February 18, 2018, 02:48:13 AM
 #737

It all depends on how volatile the price is for a certain day - if the price is practically on the spot, then sitting in front of the monitor probably does not make any sense, almost a waste of time. And if the price moves with a normal amplitude, then you can sit and wait for a normal signal to enter.
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February 18, 2018, 03:01:13 AM
 #738

How volatile the day will become clear only after its completion. The fact that the price is now valid on the spot does not mean that in half an hour she will not draw an excellent signal. Therefore, if you work intraday, then there is a sense to expect in any case, because you'll never know for sure. Well, even if nothing happens, waiting is also a kind of work for the trader.

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February 25, 2018, 02:12:47 PM
 #739

While doing trading you should need some qualities like you need have a quality of good time manager and you need have a quality of risk taker etc. if you are good time manager then you can become success trader other wise not because time is the key of success you should need to manage your whole time for your trade and other work and if you are not good manager of time then i think you will be unable to do trading.
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February 25, 2018, 03:28:22 PM
 #740

No, actually you should spend too much time from this because time is essential in this process. The perfect timing that you execute in all transaction s that you will made will successful; if you spend too much from it.
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