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Author Topic: life of a trader  (Read 29336 times)
HappyLocust41
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February 05, 2018, 12:56:41 PM
 #261

Some really think that traders are very busy, but actually it's the other way around since for swing or position traders, it's requires you to hold for some time and when your funds are currently invested, there's nothing much to do.
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February 05, 2018, 01:06:55 PM
 #262

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 don't want to check your phone every second or minute, better do long term investment, in that way you will lessen your stress in checking your phone if there's a price hike or dips. don't forget to check news about cryptos.

and also if you may have the choice to do longterm what was the best thing to do is to have a good research about the coin that you are strongly agree that this is a potential coin and you may earn some profit out of it.

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zlt220
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February 05, 2018, 01:17:29 PM
 #263

It's depends on your your choice if you want to be a day trader or night trader(if you have another place of work).


I know traders that are pure day traders - they sit in front of their screens from market open to market close, nibbling away at the market taking small wins and losses multiple times each day. For them, the fact that they're working at home is largely irrelevant - they generally trade from a home office, door closed, hammering on their keyboard, a lot like office workers around the world. When these traders are working, they're (usually) not simultaneously watching TV, playing with kids, cooking meals, etc. - their focus is pretty much 100% on what's happening on their screens, if you choose to be right, and if not  try to reschedule your time for you cater for all your activities.
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February 05, 2018, 03:01:41 PM
 #264

 To be a trader, one must have great patience. The work of a trader is a constant control of the market. You need to monitor the movement of the market and understand it. Only emotionally matured people can successfully do crypto Day trading.
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February 05, 2018, 03:08:31 PM
 #265

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

Though I am not a seasoned trader, I could say I am also having a hard time at first in managing my trading transactions versus regular job transactions and family activities in which I was able to overcome by just doing plan and organizing my schedule. I even managed now to join bounty campaigns and still have extra time for leisure and relaxation. Make and follow your plan and you will be surprised when you have already adjusted to the routine and how you become very efficient in trading and in life.

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February 05, 2018, 03:14:22 PM
 #266

I think the life of a crypto trader is very unhealthy since most of us cant even sleep at night and have a constant nightmare when the market is bearish in time like this. Most of them just cut the internet line when the market is bearish and forget about trading. Kiss
arunakiran
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February 05, 2018, 03:23:54 PM
 #267

during starting days most of the people will spend whole time with seeing the market only. same happened to you also. you just try to divert your mind on other work, other wise you will spend all your time in Crypto only.
Kamelia
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February 06, 2018, 03:03:30 PM
 #268

I'm doing this for part time and if you have a day job trading isn't really necessary, much better to hodl coins with better potential and participate in ICos. In your off work trading is pretty much considerable.
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February 06, 2018, 03:24:57 PM
 #269

I am trading at night, so when morning till night I do activities like school because I am still a student and play with friends.

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February 07, 2018, 10:31:42 PM
 #270

It depends very much from what kind of trader you are: if you are a positional one (I mean, you buy something and you bet that in some months you'll sell with profit) is one thing.
But if you make daytrader, this can be a very stressful activity, and very fast it can become a strong addiction.
So, take care that you don't renounce to family and friend just to stay in front of a monitor watching charts!
Do you job, but put strong boundaries.

Mary_Swift
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February 07, 2018, 10:55:25 PM
 #271

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'll reveal to you the secret that if you want to become a cryptotrader then you can forget about normal life.
Vanopest
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February 11, 2018, 06:06:24 PM
 #272

I'm doing this for part time and if you have a day job trading isn't really necessary, much better to hodl coins with better potential and participate in ICos. In your off work trading is pretty much considerable.
3DBrushes
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February 11, 2018, 06:12:37 PM
 #273

I'm doing this for part time and if you have a day job trading isn't really necessary, much better to hodl coins with better potential and participate in ICos. In your off work trading is pretty much considerable.


Even if you don't have any job HODLing is still the best way to make profits because day trading is not everyone's ball game it requires alot of time (Not possible for the people who have a long day job), Special skill set is also required else you are just making a non educated guess instead of detailed analysis.
DemLom
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February 11, 2018, 06:14:04 PM
 #274

Full day to be with the phone and observe the situation on the stock exchange, obviously not an option. In principle, it's enough to watch the top companies in the evening and follow the trend
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February 11, 2018, 06:17:50 PM
 #275

Well, I'm not so long in this business, but I manage to combine work and trade in crypto-currencies. Of course it turns out that everyday days are like a marathon and they pass in one breath, but for that on the weekend you can rest a little. The main thing that I realized that there would be a desire to do everything possible and there will be time if there is the same desire.

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Zufox
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February 11, 2018, 07:18:15 PM
 #276

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
This is normal! And I was very worried, especially when the market was falling. I updated the blockfolio every minute.  Grin
Now I have a cold head and iron nerves.I read and learn how to trade and I rarely look at the blockfolio. Wink
denis-z12
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February 12, 2018, 08:15:19 PM
 #277

I find myself checking the phone as soon as I wake up in the morning, its like a sickness. I remember saying it would not be like that when I started Grin
Luckily I dont do any day to day trading and I plan to hold and expend my portfolio for years to come.
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February 12, 2018, 08:23:35 PM
 #278

Your on-going cryptocurrency addiction is not a bad thing. How would you ever master and understand cryptocurrency trading if you do not spend time doing actual trading. Mind you, during this period of your cryptocurrency fascination is when you get to develop your trading skill and your own peculiar method to trading.

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February 14, 2018, 07:33:11 PM
 #279

the life of a trader as I experienced always look with great care and accuracy, where we can see the movement of coin prices from day to day in order to always be profitable and gain profit. traders always have to be alert and always looking for profit at every opportunity.
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February 14, 2018, 07:45:03 PM
 #280

Just try to make an optimization of your time, in which time you prefer to trade, and in what time you want to live))) Alerts, take profit/stop loss will help you, and try to understand, if you want to earn a lot of money on trading, you must have a deposit not less then 1/6 of what you want, and try to put of your head thinking about another life and all that garbage. Don't think, that in 10 days with the deposit 0,05ETH you will trade your money to 10 BTC!!
Be more real and your had will be colder. Success to you.
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