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Author Topic: job and trading together..  (Read 17057 times)
South Park
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November 11, 2017, 11:52:08 PM
 #361

Job must be your top priority because it's your regular income. Yes trading is hard but it can be learn using the internet and some advice with your friend who are experienced traders.Dont be shy to ask some help, be confident and show them that your willing to learn.
I disagree with your idea that your job must be your top priority, you need to make a good effort but your priority must be yourself and no one else, if trading gives to you better profits then you need to concentrate in trading and only make enough effort to not lose your job.

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November 12, 2017, 01:57:27 AM
 #362

I'm going to give you the same advice a now very famous trader and hedge fund manager gave me when I first started, "Follow your nose"

He was right.  Not every trading system will be profitable for every trader.   Some people's personalities make them predisposed to to scalping.  Others like being in a position for 20min-a couple hours. Some people prefer longer-terms trades.  Me?  My team and I developed several profitable crypto trading strategies and even though they're all autonomous with computer learning, I chose the market neutral strategy because it makes the most sense to me and I'm the one who has to deal with it so I'd rather remain mentally comfortable so I can continue to work the way I work best.

If I'm reading this correctly and you have a job your best bet is to start by reading, but not just anything because your time is the most valuable.  Despite the fact that professional level tools don't really exist yet on any exchange I found, I'd suggest you start with "Mind Over Markets"  At the very least you'll have a  better understanding of how markets function than most people you'll be trading with/against.  Then I'd move on to "Markets in Profile"  Somewhere in there I'd get a demo account for futures so you can see it play out in front of you (yeah I know you're looking to trade crypto, but the lessons you'll learn will stick with you forever)

As you gain more understanding of what moves markets and why you can begin to figure out what types of tools will work best for you and if you're a short, medium, or long term trader.

Start by paper trading to see what works for you and what doesn't but don't stay there too long (unless you're losing money).  The emotional load is totally different when you have skin in the game.  

When you go with real money,  go small.   My first real money trade in my life was an FX microlot years ago.   ONE MICROLOT and I needed new pants by the time I cashed out for enough to buy a celebratory beer.  

Ask questions of people you trust, but still prove everything to yourself.  

Understand what you're doing and why you're doing it.  If you don't, your lack of understanding will turn into fear and that will destroy you and your wallet from the inside.

Stay disciplined.

Play to your strengths.

And for the love of god always remember that this business isn't about being right, it's about making money.

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November 12, 2017, 05:15:08 AM
 #363

I only have poloniex and bittrex in the background and be careful to steep then buy and sell.

To get money into the trade I highly recommend to do the average cost. You can set aside some of the money to invest in bitcoin on a regular basis. Do not think too much about current prices and just think long term. Be patient for best results.
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November 12, 2017, 07:08:44 AM
 #364

This is difficult to do, because to get konsisten profit in  trading need more time to analysis the market , need time to learn technical and fundamental analysis. If you dont have time to trade, for the better just hold strong fundamental coin like BTC and ETH, this way will more profitable and less risk than trading.

It is very hard but not impossible to profit while trading without being heavily invested in to what you are doing, in terms of time spent. However your results will certainly be worse if you cannot fully dedicate yourself to what you are doing.
Its not going to require you to spend the whole.day analyzing the movement on the market. For experienced traders, it even only takes a couple of minutes before deciding on an entry or exit point. You can very well trade and work simultaneously, though that is if it's permitted in your work
It is quite good to work parallel and I am doing so after completing my office work I start analyzing market and then do my work in to trading and many of my office mates are doing so and this give all of us an ease to generate huge extra income through this techniques and I prefer this to all who are doing trading to continue their office work and after that they have enough time to do this and achieve huge profit.
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November 12, 2017, 07:23:22 AM
 #365

I think I can earn limited amount of money every month. I want to invest my money in trading.How can I get a good
a good amount profit every month??How I research the market?How to find out the good coin to invest?Thanks in advance ....
Very important information. Many people get a little bit salary which can't provide a better atmosphere in the family.  Besides job a person can trading. He invests money to get more profit.
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November 12, 2017, 07:27:08 AM
 #366

I think I can earn limited amount of money every month. I want to invest my money in trading.How can I get a good
a good amount profit every month??How I research the market?How to find out the good coin to invest?Thanks in advance ....
If you have job then you go on trading it is still okay but you need to manage it well because in trading there is time to spend for research and monitor the coins we are going to trade but still it is profitable if we have job and then we trade what the important is we earn on what we do.

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November 12, 2017, 11:11:41 AM
 #367

That's the best way of doing it, shouldn't risk our life by a full time trading better to get a full time job and then in free time trading.

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South Park
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November 12, 2017, 08:55:13 PM
 #368

I think I can earn limited amount of money every month. I want to invest my money in trading.How can I get a good
a good amount profit every month??How I research the market?How to find out the good coin to invest?Thanks in advance ....
As an employed person my job is not enough to earn limited profit for life.We need to work hard and learn some skills that  we need to do to go on trading.It is very hard to invest without any profit,analyzing its market well for not loosing our money in it.Holding our btc is a great way for future value of bitcoin and make it profitable sooner or later .
It all really balls down on one's ability to work hard and take a whole of one's future in one's hand. Time waits for no one and only when you think you cannot do it is when you would not actually be able to do it. There has been so many things that I thought I could not have been able to do in the past, but with time, dedication and telling myself, it is possible, I always end up doing them and happy I actually did.

Anyone can trade with their normal job as long as they are able to find those little times, and find ways to do it right unless your job is the type that takes you round the clock.
This is the main issue, many people defeat themselves before they even begin, they think they are not going to be able to do something and as such they never try, it is important to try hard and to really give it your all, that way you will be able to find if you are any good at that activity, I’m sure that many people will be pleasantly surprised about their real skills once they try something with all their might.

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November 12, 2017, 10:34:39 PM
 #369

I think I can earn limited amount of money every month. I want to invest my money in trading.How can I get a good
a good amount profit every month??How I research the market?How to find out the good coin to invest?Thanks in advance ....
There is no limitations if you don't limit your own self to earn big amount everything is possible to those who believe in their own self and to believe in favor of God. Because I do believe that you can do it if you want too. Earning is about believing in your self that you could you do it.
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November 13, 2017, 03:30:26 AM
 #370

Trading/day is sacrificial and it does'nt guarantee to give you a good profit in return, Everything in trading requires patience and a full time focus on dealing the business. So before you enter this type of business it is important to show interest and passion in order to succeed. 
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November 13, 2017, 03:55:39 AM
 #371

It depends on how you trade and your job ,but i think it is very hard because you can't stay on top of things. You will miss big trading opportunities because you are sleeping/working.
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November 13, 2017, 04:16:16 AM
 #372

It depends on your job if it is not stressful or very tiring and in your determination to learn trading. Many people see trading as an opportunity to get rid of their day jobs and some were able to do so because they work hard for it but if you will just take it for granted then maybe it would be better to stick in investing. For example, after you arrived from your day job, you will look at the charts and then study the market. It will take some hours especially if you are just starting. You need to work hard for it and be determined because if you easily give up then you will not be able to do it. Maybe you can have a mentor so that you can shorten your learning curve.

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November 13, 2017, 05:11:54 AM
 #373

It depends on how you trade and your job ,but i think it is very hard because you can't stay on top of things. You will miss big trading opportunities because you are sleeping/working.
This is what we call needed of time management because we cannot do trading and work at the same time. Yes it is very hard at first but in order to be updated on all of the things in cryptocurrency, you will have time in trading. So, you can do trading at your extra time of after work.
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November 13, 2017, 05:45:54 AM
 #374

This is difficult to do, because to get konsisten profit in  trading need more time to analysis the market , need time to learn technical and fundamental analysis. If you dont have time to trade, for the better just hold strong fundamental coin like BTC and ETH, this way will more profitable and less risk than trading.

It is very hard but not impossible to profit while trading without being heavily invested in to what you are doing, in terms of time spent. However your results will certainly be worse if you cannot fully dedicate yourself to what you are doing.
Dedication is a normal thing in trading, but not that hard if you are good at what you do. Even while doing our jobs, we still find time to do other things.

In my former job, as busy as I was, I get to work early morning, devote some few time to check my portfolios (I don't go past those portfolios cause of time), and then I look at those I can buy safely and then set my trades down for a good buying position.

I only have to refresh my bittrex wallet to see if the position has been filled, and then I set a perfect sell order. I do not have to keep watching the charts all day as long as there is a stop loss and I know the level of loss I can stomach.
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November 13, 2017, 05:55:23 AM
 #375

Many of the answer you seek is not just going to be deliver into your hands just like that. You have to find out for yourself what you are going to invest in and how much. I'll sure not give you my trade strategies. You must read and practice to be able to find out what works for you

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November 13, 2017, 06:22:16 AM
 #376

I think I can earn limited amount of money every month. I want to invest my money in trading.How can I get a good
a good amount profit every month??How I research the market?How to find out the good coin to invest?Thanks in advance ....
You can do both if you can do that. My advise for you is trading not to spend your time to much in trading because of the mental sickness that you can get. My advise is just stay calm always and consider the trading as your hobby.
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November 13, 2017, 06:25:58 AM
 #377

I think I can earn limited amount of money every month. I want to invest my money in trading.How can I get a good
a good amount profit every month??How I research the market?How to find out the good coin to invest?Thanks in advance ....

This is the most simplest thing you can think of at this time because you have made your way to the section of the forum that is dedicated for such so all you need is to take one thread after the other and start digesting it even up to 36 pages and I am sure before you get to the 5th thread you would have been loaded with enough information to know the next time to take while the whole of the question you asked for, answers to them would have surfaced even beyond your imagination.

I think that would be the better choice. Trading is something of a risky and not so concrete venture, therefore having a job would be better in the sense that it would give you a stable income that you could use to support your life and your family's. I mean as much as bitcoin trading or selling could actually give you substantial income, its stability is one in question because the amount of earnings can be variable.
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November 13, 2017, 08:29:54 AM
 #378

Both are tasking but if someone can make judicious use of one's time, then its gonna be easy.

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November 13, 2017, 10:41:15 AM
 #379

We can combine the most important job and trading is we are good at managing the time, when we work do not ever think for trading or otherwise, because if our minds are not focused then we can lose one (career or loss). I recommend trading during the night or during holidays.

Only traders who trade on weekends miss very great opportunities, I think the best way is to set the time well. 24 hours is a great time.

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November 13, 2017, 11:30:45 AM
 #380

I think I can earn limited amount of money every month. I want to invest my money in trading.How can I get a good
a good amount profit every month??How I research the market?How to find out the good coin to invest?Thanks in advance ....

Its good if you want to increase your income by doing trading in crypto. If you are an active member, here is the good place to learn about crypto trading.just start serching and you will find any hellfull thread.
Please use your free money to trading, since it can build your good mentality and emotion.
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