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Author Topic: life of a trader  (Read 29336 times)
Underw00d
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July 29, 2018, 03:57:57 PM
 #1121

Try to forget about it during the day, especially if you have a day job. You would never be able to react quickly during the day and take meaningful actions. What I do is every night I try to watch the trends, read some news and adjust my portfolio for the next day, if necessary. Checking your phone every second just won't fly.
Combining normal work with trading is not very convenient. Unless you are not messing around in the workplace. You must have a trading plan and a good vision of the situation, then you will not be constantly looking into the phone.
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UniversityCoin
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July 29, 2018, 04:01:11 PM
 #1122

I don't think I can do daily trading ,I have got so many things to do every day,I must do my regular job at the office ,also I have to spend some time with my family and kids, also my girfriend demands some attention,so I sometimes can't find a few free munutes to do bounty tasks.((

I adhere to your opinion. Despite the fact that daily trade brings me more profit than the main job, I try to pay less attention to it, and more to be with my family and people close to me.

ternyabin
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July 31, 2018, 02:17:31 PM
 #1123

Try to forget about it during the day, especially if you have a day job. You would never be able to react quickly during the day and take meaningful actions. What I do is every night I try to watch the trends, read some news and adjust my portfolio for the next day, if necessary. Checking your phone every second just won't fly.
Combining normal work with trading is not very convenient. Unless you are not messing around in the workplace. You must have a trading plan and a good vision of the situation, then you will not be constantly looking into the phone.
I agree that it is very difficult or almost impossible to combine the main work and the trade in crypto currency for a long time. You need to choose something that is the only way to achieve success.
alex_kir
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July 31, 2018, 02:20:54 PM
 #1124

After a coin is listed on exchanges, trading is very similar to "traditional" trading. There should be enough resources out there explaining strategies.
If you used to do trading, then for you it seems quite normal, because you already experienced all possible risks, but for those who have never done this, trading turns into something very terrible.
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July 31, 2018, 02:27:13 PM
 #1125

i am really new to trading and  i don't know until this very moment much about trading i mean the right moment for it and how perceive which alt will go up and which will go down.       
now it is difficult to understand as the market at the bottom of the time will all rise and you will see for yourself

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SvetikB
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July 31, 2018, 06:35:20 PM
 #1126

Stop, take profit and trailing stop orders help me to live a normal life and dont spend 100% of my time near computer

Omooba098
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July 31, 2018, 06:40:46 PM
 #1127

Combining trading with normal life is not that easy especially when you have a tight schedule. I do manage to balance them and make sure everything goes well.
zero4five
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July 31, 2018, 07:06:14 PM
 #1128

It can be noted that there are several types of currencies. Some of them have a great team, good advertising and an impressive idea, backed up by a successful history of results. This is an excellent option for medium or even long-term investments. Even if such a currency falls in price, then there is no need to worry, long-term investments must remain intact for a while.
Herczs
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August 02, 2018, 05:18:55 PM
 #1129

I think there are few people who are exclusively traders. I imagine this life as a series of jumps from each alert, no more.
Fedor2018
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August 03, 2018, 07:32:40 PM
 #1130

The main thing you need to know : it is sure to gain knowledge and experience. Start with a small investment and trading. At the risk of not taking much loss close to the shower - there will always be good and bad days

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Omighty28
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August 03, 2018, 07:48:59 PM
 #1131

please i need advice from those traders have has been in the business for long, how do you combine it with your other normal life activities , i mean cryptocurrency trading , i just started and am glued to my phone every second , advice will be appreciated  Grin Grin Grin Grin

If you have a full time job, becoming a professional trader in your spare time can be quite a challenge as I know from experience. Also, pursuing the goal of quitting your day job to become a profitable trader often seems like an unrealistic task for most people. Therefore, It’s important to have a trading style that fits your personality and your schedule. The two broad categories and trading styles traders have to choose from are swing-trading and day-trading.

Usually, swing-trading is better suited for traders who have limited time and restricted access to charts throughout the day. As a swing-trader, you do your chart analyses during the weekends and before/after work and you manage and execute your trades when you get back from work. Swing traders also don’t need to observe the markets all day long which can free up even more time.
PeterCarlos
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August 03, 2018, 08:43:24 PM
 #1132

please i need advice from those traders have has been in the business for long, how do you combine it with your other normal life activities , i mean cryptocurrency trading , i just started and am glued to my phone every second , advice will be appreciated  Grin Grin Grin Grin

I'm no expert in Cryptocurrency trading but I got some tips you do like, Firstly, Time is key.
Mairiri
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August 03, 2018, 08:51:43 PM
 #1133

things I did when I started as a trader. I find out how to read charts. in some exchange sites, you can adjust the time to see prices. like, you can see prices every two hours, or once every 4 hours. when every two hours, you are advised to see the price of the coin again. so, you don't need to see it all the time.
PeterCarlos
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August 03, 2018, 08:52:22 PM
 #1134

please i need advice from those traders have has been in the business for long, how do you combine it with your other normal life activities , i mean cryptocurrency trading , i just started and am glued to my phone every second , advice will be appreciated  Grin Grin Grin Grin

My advice to people like you is: To Maximise Time imput. Focus on the basis of trading and try to devolop your own trading stratedy. Majority of unsuccesful traders makes use of Bots, So you should aviod that.
coinpool_de
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August 03, 2018, 08:58:19 PM
 #1135

Lol, i think we are all glued to our phones thanks to cryptocurrency.  I must admit that i really admire all of the traders. Trading requires so much time and effort and knowledge about things.
wizmo
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August 03, 2018, 09:02:47 PM
 #1136

Same here. I spend most of my time on reading about crypto news and crypto related stuff. I never get time for my studies and it think it's hard to focus on other things when you have invested your money in crypto currency. I check price of my portfolio every hour even if it stays same for a week  Grin Grin
sendohmarin
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August 03, 2018, 09:03:14 PM
 #1137

Trading takes a long time, can even sharpen our nerves Smiley the life of traders is quite difficult. We always predict market charts that look promising or not. In trading, there can be experiences that sometimes cause errors.
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August 03, 2018, 09:11:53 PM
 #1138

Lol, i think we are all glued to our phones thanks to cryptocurrency.  I must admit that i really admire all of the traders. Trading requires so much time and effort and knowledge about things.

I don't admire this kind of lifestyle. I feel sorry for them (no offence at all), because usually the family is the one that suffer most. But if the trader have the strength and the will needed to do it just 9 to 5 or any other 8 hours only per day, than I will admire him and give all my respect.


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August 03, 2018, 11:27:25 PM
 #1139

Someone once said that a good trader does not sleep without having his smart phone used in trading beside him, which to me has become an addiction.

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manyung
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August 03, 2018, 11:31:08 PM
 #1140

Every day I spend the time to work on the project of ICO and to monitor the market prices. I now focus on crypto and has become my main job. But if you still have the other activities I recommend you get the focus of trading for the evening. When you get to work and when you rest, you can unlock your mobile phone to check market prices.
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