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Author Topic: life of a trader  (Read 29326 times)
Balab01
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March 17, 2018, 09:39:15 AM
 #301

I combine the crypt with my basic work and I'm used to switching from one to the other. Now I'm rather calm about changes in the market.

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aceat64
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March 17, 2018, 09:43:40 AM
 #302

I am not the first month in the crypt and I have learned not to think constantly about the coins in which I invest or about the bounty campaigns in which I participate
Gagandeep
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March 17, 2018, 10:47:40 AM
 #303

if u have knowledge of trading then you earn easily but you want to wait for perfect time to buy or sell. the good thing is that it also work on mobile phone.
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March 17, 2018, 10:50:47 AM
 #304

I understand that trading is fun but very risky as well especially for those individuals who don't have enough knowledge about it. That's the reason I wanted to gain more information and advice from experienced people before diving in to the trading world.

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March 17, 2018, 11:04:44 AM
 #305

Trading is a very risky thing, you need to learn first all the basic thing on how to start it.
You have to spend more time in here because every minute counts, we didnt know when the price will rise or fall.
But dont forget your real life, because it can get all your time with your family and friends.

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March 17, 2018, 12:34:05 PM
 #306

Daytrading is the most difficult and time-consuming kind of trading for newcomers. You are ill-advised if what you are looking for a stade income-generating work in crypto. However, the combination of your daily job and trading will give your benefits from both worlds.
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March 17, 2018, 12:37:19 PM
 #307

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


Once you enter trading, you must keep in mind that every value that you see is unstable and volatile and might change any moment so you must prepare yourself to all the changes that you might face here anytime. Also, the characteristic that you must have all the time is to be patient. Be willing to wait for the right value and the right time to sell what you have. Better be eager more things about trading strategies. Good luck to you.
Longfellow27
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March 17, 2018, 12:45:38 PM
 #308

Trading takes time if you are really focused on gaining more profit because you have to consider the market exchange values. But if you are just trading no matter what gain you will have for as long as you are not on the losing side. It maybe a different idea then. A serious trader needs more focus and needs more time. Combining it with daily activities would be so hard. Try to give it a time by creating schedules that does not interfer with your daily work. Maybe this will work.
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March 17, 2018, 12:46:22 PM
 #309

You do not need to watch your phone every second. You need to be more relaxed. If you check your coins every second - It will not be better. Do not worry if you miss the right moment for you.
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March 17, 2018, 12:47:46 PM
 #310

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 used to trade in Forex, now on the crypto-exchange markets. In general, the case is about 3 years. I trade only in the evening, after work. Combining these two cases is very difficult, I miss many opportunities in the market.
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March 17, 2018, 12:51:28 PM
 #311

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

Maybe you can consider to be a long term trader using a set and forget strategy, buy and leave it there for sometime and not checking it everyday minute maybe check once per day to make some adjustment. Engage in other stuffs to make you busy at the same time rather than putting 100% of your time in the market by keep checking the price. Option 2 is the best i was once glue to the screen just like you but i find more things to do to divert my attention.
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March 17, 2018, 01:02:07 PM
 #312

That is normal for a first time trader,just relax well, we do not really know when will the coins rise or dump it is so frustrating that is why we wanted to monitor it every single minute or second but you can set it if you want, set to the price limit you want it to sell so when the price riches the specific price you want it will sell automatically.

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March 17, 2018, 01:05:37 PM
 #313

At the beginning of acquaintance with any business you need to spend a lot of time to study the product market or something, over time when you will have predstovlenie at what time the market behaves one way or another, when you develop your own strategy you will not look constantly in your phone! And if you are working at the main job and want to engage in  trading determine for yourself when you do it in the morning or evening, this is important for your trade if you do it at work nothing good will come of it.
Bilipus
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March 17, 2018, 01:17:17 PM
 #314

As you can see all traders had been there in their early days of trading because of mindset that we are anxious to lose money so we check the price minute per minute but i think in the future youll get over to that stage and learrn how to check the market not to frequent and still able to gain some profit. Trading wont affect my daily duties becauseni prioritize things.
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March 17, 2018, 01:22:55 PM
 #315

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
Life of a trader is very frustrating specially if you are a beginner, you need to learn more on how the movement of coins would be, and when you have a lot of lost you will be greedy and spent a lot of money to recover all the money, but this is just for beginner but when you know the flow of it every second you will look on the chart to know if you enter on the right one.
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March 17, 2018, 01:24:29 PM
 #316

Just have to forget about your coins and then check back in a month (or year) or two.

Easier said than done, of course, but you have to remember daytrading isn't really worth it unless you're pretty much an expert.
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March 17, 2018, 01:25:04 PM
 #317

To become a good trader you will need to go full retard. You will need to eat, sleep and eat crypto. When you are exercising, you need to make phonecalls and make connections in the crypto world. And the problem with crypto is that its open 24\7 and that takes a big toll on your body and mind.
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March 17, 2018, 01:30:34 PM
 #318

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 are trader, you always have to be ready in every risk that you will take, sometimes you cannot sleep because your always worried if you will gain profit or not.

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March 17, 2018, 01:44:06 PM
 #319

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

During the first half year you can expect too lose money and to constantly think about crypto, trying to figure out why you are loosing the money and what you can do against it.
Answer is we all lost money at the beginning and you can only keep going forward.

Some tips from my side:
Never sell everything if you think the coin has a future sell half or more but leave some, in a few years your dust is worth money.
Selling for a loss (except when your stop-order is hit) means accepting that loss, think hard about it. Most coins with a future will pump again, just a matter of time.

Hope you have a pleasant journey Smiley
six months of losing is too much,this is not the way how traders go,first upto 5 trading losses is enough to justify what you really want and whats your future in this community,because if failure for six months will be real.then your money should be wasted because of continuing your losing straight
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March 17, 2018, 02:01:00 PM
 #320

This is a very relevant discussion particularly for crypto traders and prospective traders. Just going through the various opinions and suggestions so far exposed me to a wealth of knowledge on how to lead a successful crypto trading life. Keep it coming guys.
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