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Author Topic: life of a trader  (Read 29336 times)
wayancrypto
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April 30, 2018, 01:39:17 AM
 #541

I did the same when started trading, even i can not sleep because i was doing day trading. But now i changed the strategy , im doing swing trading that consuming less times and not need every hours in the front of the chart. By doing swing trading i can do others job and not miss profit from crypto market. In my experience day trading is unpredictable and more difficult to get profit from it and also too much consuming times.

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novita_gendut
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April 30, 2018, 02:27:16 AM
 #542


do not think too much about this because the life of a merchant is very difficult sometimes up and down sometimes so from that first rest because I think the profit or loss that it may depend on us too, but I can not stop because it is beneficial to set the warning on the phone, especially after feeling a large amount of energy is spent. Fatigue after a long day of trading can be extreme

kkimmai212
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May 01, 2018, 05:22:18 AM
 #543

So the trading not too consuming times for the better doing long term trading by duration buy and sell in minimum 1 week, so this way not to disturb other job. Day trading only for trader who can spend full times everyday
sirJihan
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May 01, 2018, 05:23:45 AM
 #544

Learn much about trading from this tread, thank you  all for sharing
bountyhunter433
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May 02, 2018, 10:30:58 AM
 #545

Life of a trader is very difficult.He have to work day and night.He has the knowledge about market.Trading in crypto takes a lot of time.A trader faces many problems in his work.
Shadovka
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May 02, 2018, 10:37:08 AM
 #546

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


There is no point to be glued to your phone every seconds, you will be more tired, you should trade crypto in a relax way. I suggest you trade long term or higher time frame as markets tend to make noise here and there so we see long wicks in candlesticks lower time-frame is more prone to noise rather than true movement, just DYOR and set stop loss or take profit at the support and resistance zone should do the trick and let it run by itself.

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keobonggon.xigon45
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May 03, 2018, 03:51:59 PM
 #547

I agree with this many people think that you need to trade all day in order to become a trader that is not true in fact that can be counterproductive, you need to remember that if you do not sleep it is very difficult to get concentrated on the task at hand so you need a good night sleep, you need to eat healthy and you need to exercise, remember the markets are not going to disappear just because you're not watching them.
nanik nasal
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May 04, 2018, 03:09:30 AM
 #548

patience is the most important thing in doing trade. being a trader must be able to manage time for social life, time to trade and time to rest. we have to learn a lot and always actively seek information about market price movements to get maximum profit.
ranoby
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May 04, 2018, 03:15:27 AM
 #549

You should have a strategy. If you have it then you can all automate, put a stop, open a deal at some condition, etc. If you have a strategy you do not have to worry about, you've thought it and now you just need time

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berytry
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May 04, 2018, 03:17:30 AM
 #550

If you are married, you need to divide the time for your family as well. I suggest that you take the time to exercise, at least once a week. You also need a vacation, because trading is very saturated
Chusnul
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May 04, 2018, 05:33:26 AM
 #551

I only used 4 so far, Bittrex, Cryptopia, Yobit, and Kraken. The above are exchanges.I am not sure if that is what is ment with traders, the crypto world is pretty confusing sometime. But, According to me, mining is also best way for investment. If you mine your coins then you get better returns of investment.
kacakkipri
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May 04, 2018, 08:35:15 AM
 #552

I only used 4 so far, Bittrex, Cryptopia, Yobit, and Kraken. The above are exchanges.I am not sure if that is what is ment with traders, the crypto world is pretty confusing sometime. But, According to me, mining is also best way for investment. If you mine your coins then you get better returns of investment.

As you mentioned, good computer knowledge is needed to make money with mining. but trading offers an opportunity to earn money with more limited information.

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Kasabus
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May 04, 2018, 11:47:34 AM
 #553

I only used 4 so far, Bittrex, Cryptopia, Yobit, and Kraken. The above are exchanges.I am not sure if that is what is ment with traders, the crypto world is pretty confusing sometime. But, According to me, mining is also best way for investment. If you mine your coins then you get better returns of investment.

As you mentioned, good computer knowledge is needed to make money with mining. but trading offers an opportunity to earn money with more limited information.
In trading you do not need to be a computer genius, you just need to be smart and can monitor the price movement effectively.
The price volatility gives the traders who are knowledgeable a favor to make more money because when the market moves a lot, it means more earning opportunity.




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nontyler123
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May 05, 2018, 03:17:47 AM
 #554

I think instead of checking coinmarketcap just check the news keep the habit of reading news in morning so you will get overall idea about market also check once in a day . Even i am planning to check once in a week .
collins3
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May 05, 2018, 03:27:02 AM
 #555

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
In fact, when it comes to the electronic money market, updating and analyzing the market continuously is normal as it brings life to you and your family. It can also take away a lot of you. But to keep your life from fluctuating a lot, I think you need to balance your activity: There is another job, can analyze the market and choose long term transactions, install on your device believe When your currency fluctuates ...
Veviene0417
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May 05, 2018, 04:35:31 AM
 #556

Life of a trader is very difficult when you think of it every now and then. It takes so much time in my life, it is really hard to do other things especially when you are concentrating in this kind of work. If you think that your coin have a future value never sell them immediately, don't be in a hurry, sell half of your coin but leave some. "Buy low, sell high" that's the best way to be a successful trader.
Bunk67
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May 05, 2018, 03:06:27 PM
 #557

all you need to know is in trading tread ask any question you will get your reply

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ymirymir
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May 05, 2018, 07:34:08 PM
 #558

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 actually find trading adventurous and enjoyable because it is full of challenges due to it's changing value and unstability. However, it's roller coaster ride is all worth it as we surpass all the given challenges of it. Trading is a better way for us to earn and save better for our future and for our future endeavors.

lunaelucemauram
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May 05, 2018, 07:43:02 PM
 #559

We know that being a crypto trading really requires so much time because you would need to analyze the fluctuation of the market every few hours which is very demanding. . My question is that do you guys think that auto trader bots is really worth it? I am really hesitant about this bots as I believe it is just a new way to hack users.
qwrwhe199hznn
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May 06, 2018, 03:09:48 PM
 #560

As a professional trader, you need to be very self disciplined, if you don't want to destroy your social and family life.
You risk spending your days (and your nights!) in a world of charts, numbers, japanese candles, fibonacci and so on, and to lose any contact with reality.
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