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Author Topic: life of a trader  (Read 30552 times)
Dmitry_K
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October 25, 2018, 01:16:14 PM
 #1561

I think you need to be able to trade , and every minute to look at the chart is not right, I think you need to learn more information to you and develop trading strategies for you!
I can additionally say that practice is needed in trading and it is important to learn from your mistakes, create your own strategy for working in the market and learn to follow this strategy. In general, I can say that trading is a very difficult job and not everyone can become a successful trader.
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October 25, 2018, 01:55:37 PM
 #1562

I think if you really want to start to live like crypto trader you need to start forget about your normal life. Because people can not handle that two thing in same time. At least i cant handle it. Crypto is really stressful thing and that stress can kill your normal life. So better to quit from everything and start to do  fulltime trading .

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October 25, 2018, 01:59:12 PM
 #1563

IF you are professional trader, you don't need to glue your eye in the price every second. Analysing, determine the buying price, the selling price and stop-loss, put command and wait. Finished!

I must say that there is no limit to perfection, so today in trading, as well as in other areas, you can develop as you like and anywhere, and even experienced traders find themselves in different situations.
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October 25, 2018, 02:19:12 PM
 #1564

At first glance, the life of a trader is very simple and interesting, as a trader can travel the world and work from anywhere where there is the internet. But sometimes his life is hard labor when you need to sit in front of monitors and monitor the entire market and trade.
Do not forget that the trader also needs to rest , but when the market is moving many may not even sleep for several days. Many of my friends engaged in trade and their nervous system is in my opinion suffers from it. How can I control myself when the market is not very stable?

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October 25, 2018, 02:27:43 PM
 #1565

At first glance, the life of a trader is very simple and interesting, as a trader can travel the world and work from anywhere where there is the internet. But sometimes his life is hard labor when you need to sit in front of monitors and monitor the entire market and trade.
- Well, if you are looking from the outside and have never lived the life of a real trader, you will find it very interesting and colorful, even very liberal but reality, the scene you are imagining, it is very wrong, it is not the real life of a trader. The real life of a trader is very complex, I can say that they work with a full time frame, as long as the market is vibrant, they will be there and participate, although sometimes they still have a lot of time to relax but they never do that, their psychology is very unstable and stressful, every second every minute is money to them but it's too much pressure, and I never choose this life




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October 25, 2018, 02:32:40 PM
 #1566

I think that fundamentals should be learned first. Then prepare yourself emotionally because trading will cause you a lot of desperation. It will require high energy level and concentration. The life of a trader is exhausting.

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October 25, 2018, 02:32:59 PM
 #1567

most traders are paranoids i think, they always check prices and charts, i just did that and i quit slowly because i think i cant handle carefully the result is a bad and wrong move to bet. well, i mean for those day traders included me.
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October 25, 2018, 02:38:27 PM
 #1568

I can work fruitfully for several days, but then I need a rest. Considering that the crypto market works seven days a week, I believe that two days a week everyone still needs to take a break. There are pending orders for such a case. You can spend time at a picnic, it helps to reboot the brain.
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October 25, 2018, 02:41:04 PM
 #1569

I can work fruitfully for several days, but then I need a rest. Considering that the crypto market works seven days a week, I believe that two days a week everyone still needs to take a break. There are pending orders for such a case. You can spend time at a picnic, it helps to reboot the brain.

I agree with you and as a result, our work turns out to be 5/2, like many people who work for hire. But we can work less and rest more, we build our lives for ourselves. But sometimes we can work longer if the market favors us!  Roll Eyes

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November 22, 2018, 09:44:35 AM
 #1570

       I also have full time job and I deal with cryptocurrency. I'm trying to occupy my free time with the activities on the crypto market. I often take the crypto when I get back to work, but sometimes when I have an easy work program, I also work during the job. The trader's work is very difficult. Not everyone can work in this area and get a good profit, whether they have no patience or no time.
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November 22, 2018, 06:38:37 PM
 #1571

If you trade during the day very often, then I sympathize with you and your family. You will spend a lot of time at the screen of your phone. If you trade long positions, it will save time for you.

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November 22, 2018, 07:18:37 PM
 #1572

If we are talking about a young trader with less than a year's experience, then his life is full of pain, sleepless nights, emotions that lead to euphoria, and those that lead to depression.

More experienced traders have a cold head and are not influenced by emotions, they know how to keep them under control because they stick to their trading strategy.

 
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November 22, 2018, 07:27:12 PM
 #1573

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
looking at the phone every time and checking price when I had free time.
that's used to be a habit to me, but I gave up. even the most patien person can not handle a long - big dump like his year

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January 31, 2019, 05:23:23 AM
 #1574

When I started trading with crypto currency I could not tear myself away from the computer for everyday business but after a while I stopped monitoring the market every 5 minutes.
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January 31, 2019, 05:39:03 AM
 #1575

now it's very hard to trade now because I can get a lot of profit from trading in the past because bitcoin is higher and then I bought a potential coin and that I hold it on 1week because I was given the signal of my barkada That will buy if the coin is purchased if the coin was xvg I bought at 100sat and 1k increased to 10x my profit when I was first nervous because I was not sure what to buy coin but I confident myself to earn a coin that it's risky to trade so it's better to research a potential coin first so you can not lose it and end up losing a lot of trading losses because it's not too good to trade and repay from trading for those who are planning If you are trading please research what coin is good to buy and hold for sure that you will earn as much as just trading in a gamble just gamble to earn.

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January 31, 2019, 06:02:54 AM
 #1576

to become a trader you have to prepare yourself mentally as well as your strategy so that your time will not run out just to trade and most importantly you have to determine your profit target so that you will not be carried away by emotions to pursue excessive profits and ultimately you will get a loss. actually, if you have done it for some time later you will know when the right times to trade so that you will be able to share your time easily.
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January 31, 2019, 06:14:25 AM
 #1577

to become a trader you have to prepare yourself mentally as well as your strategy so that your time will not run out just to trade and most importantly you have to determine your profit target so that you will not be carried away by emotions to pursue excessive profits and ultimately you will get a loss. actually, if you have done it for some time later you will know when the right times to trade so that you will be able to share your time easily.
Each trader and investor, each miner, especially all the beginners should know beforehand that the market has sometimes very long periods of depression. That is why it is always important to have a  stable income.
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January 31, 2019, 06:32:53 AM
 #1578

The first you have to learn to analyze the direction of the market. This can be done by looking at candles or other techniques such as Support and Resistance. If you have mastered both, you no longer need to be at the computer at any time.

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January 31, 2019, 06:37:01 AM
 #1579

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

No not really, in trading I guess i am alloting some time in trading and doind other things in different time, it was so difficult to do the same thing at the same time, at this reason, we should put our full effort to this.

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January 31, 2019, 06:37:10 AM
 #1580

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
looking at the phone every time and checking price when I had free time.
that's used to be a habit to me, but I gave up. even the most patien person can not handle a long - big dump like his year
Addiction is not good for health especially for traders who can't control emotions while staring at charts. Just turn off the phone/pc after job is done and go walk. Patience is virtue,my friend.

 
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