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Author Topic: life of a trader  (Read 29336 times)
Nedrek
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April 21, 2018, 11:11:38 PM
 #501

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

Get used to, the life of a trader and consists in the constant monitoring of the market.
As a tip, you can try to trade coins not in the short term, but invest for a long time.
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anti76
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April 21, 2018, 11:32:53 PM
 #502

Honestly, every trader has a different life! There are those who, without a break, sit at the monitor and watch the charts, and there are those who make one or two successful transactions a month and can live off of it!
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April 22, 2018, 07:12:35 AM
 #503

Honestly, every trader has a different life! There are those who, without a break, sit at the monitor and watch the charts, and there are those who make one or two successful transactions a month and can live off of it!

I experienced such an easy fate. Half a year sitting behind the monitors and the result is certainly not very good. Better direct investment.
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April 22, 2018, 07:26:58 AM
 #504

You need to improve your skill of time management and be considerate on yourself, your condition.
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April 22, 2018, 12:22:28 PM
 #505

Life of a trader i mean crypto trader is very busy it is like a bee who always busy in making honey for others no other work just a circle from garden flowers to the hive in the same condition a Crypto traders is busy in internet mobile to keep an eye on the market weather it is up or down what is the rate of my coins is there any boom or down ward trend etc.etc. The only way to get rid from it is control your trading and do small trade do not expnd so much that you can't hold the all.

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andron8383
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April 22, 2018, 04:37:39 PM
 #506

Life of a trader is very difficult I prefer invest long and dont watch at chart all day long. I tried to be a trader but is like being a animal I am human after all so I don't want all the stress that comes from trading. Long investment is the best!
franklinrichards
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April 22, 2018, 04:53:16 PM
 #507

First and foremost is discipline, if you do not have it, it will be hell for everyone around you.
the second is to be very honest with yourself,
if you cheat yourself, you can not fix whatever problem you have.
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April 22, 2018, 04:55:06 PM
 #508

Life of a trader is very difficult I prefer invest long and dont watch at chart all day long. I tried to be a trader but is like being a animal I am human after all so I don't want all the stress that comes from trading. Long investment is the best!
I myself do not know what it's like to be a trader,
but I've tried to be a trader and it's very difficult
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April 25, 2018, 09:33:21 PM
 #509

The life of a trader is very complicated and requires steel nerves, but first you need to make a trading strategy and never violate it .

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April 25, 2018, 09:37:33 PM
 #510

I think that experienced and successful traders do not work for another job. Why should they spend time on this when it is possible to earn much more in this sphere?

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April 26, 2018, 01:19:55 AM
 #511

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
Better trading time adjusted to your busyness. For example at night for two hours. Every day you do trading on that hour. Perhaps you can observe the most fluctuating coins in those hours.
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April 26, 2018, 01:24:11 AM
 #512

if your busy is high, maybe you can try the long term method. if your day trade should check the market at all times
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April 26, 2018, 01:38:00 AM
 #513

I think daily trading is not a part-time job. But if you have other jobs, choose trading time only on certain hours only.
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April 26, 2018, 01:40:17 AM
 #514

Work is necessary for everyone, and it is necessary to take a rest. I suggest you allow time for your trades, for example, at least 5-8 hours a day.

People must understand life, life is not only to make money, there are many meaningful things.
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April 26, 2018, 01:46:02 AM
 #515


People must understand life, life is not only to make money, there are many meaningful things.

I agree with that, I always try not only think to make money for me spend money for pleasure & enjoy time with my family is better than only have a ton of money. Life is to short for only think about lambo, many things more better than that.
Do your trade time not more than your family time IMO.
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April 26, 2018, 02:24:19 AM
 #516

Work is necessary for everyone, and it is necessary to take a rest. I suggest you allow time for your trades, for example, at least 5-8 hours a day.

People must understand life, life is not only to make money, there are many meaningful things.
Life of trader is not easy because most of your time is needed and when you start trading you need to spend your time to get alot of profit, also you need to spend more than a 3 hours. And you need to study the flow of the market because the market is easily change, so you watch the flowing of the market.
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April 26, 2018, 02:37:29 AM
 #517

Before buy coins, usually iam doing research first about the community and fundamental of the coin, after i know that coins has massive potential i will buy it but also make sure that coin not in high price. And then just hold it in afew week, but also i will check the price one times every 1 or 2 day, swing trading is need less times and we can do other job. And dont forget to use stop loss to minimize the risk when the market turn to bearish and the analysis is wrong.
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April 26, 2018, 04:46:48 AM
 #518

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

as a trader, i think it is necessary to monitor the situation on the market.
no wonder that if you glued to your phone  Grin
i spend most of my time for monitoring the cryptocurrency price in the market too.

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April 26, 2018, 04:56:57 AM
 #519

I tried my hand at trading in 2017 and was doing okay...then came 2018!   I did do some reading and in order to have a life, some of the gurus I read said, pick one or two days a week and that is the day you trade.  I am still trying to learn how to read the charts and figure out the candlesticks.
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April 26, 2018, 05:04:05 AM
 #520

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
its not good to keep looking on your phone and check the market price every time. Juat make a schedule when you should look into it and when you have to do trading. Too much time checking price could make you afraid and doubt when its going down. The best way to invest is you should know how much you wanna gain and dont be greedy. You have to set your goal base on fact and reality.

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