life of a trader

[thend1949]

Being a trader is very busy and stressful, especially for the newbie. We will monitor daily price movements, not just every day but every time. Believe me it's really tiring. Spend most of our time staring at the screen, wasting energy and time.

I agree that it's stressful, you have to be on the look out for the updates, market movements, learning about the markets, experimenting with technical indicators and improving order entry skills. But I don't think it's a waste of time. If you engage in trading, you should be prepared and learn to deal with it. It's how you manage to cope up stress, prioritize things, and to find own strategies that work effectively for you.

[InvestICO2L]

It is not as easy as it may look in the begining but trading is time consuming and someetimes exhausting because you have to spend a lot of time to research and learn about the crypto world and most of the times you have a regular job to handle too.

Exactly, trading requires you many factors if you want to have a good income in crypto market. Although it’s well-known as a hard market for us to get income, it still brings you so many chances to get benefit if  you know how to do with it. Time is one of the most important factors. Because as you know that you have to spend time learning, reading seeking information about coin that you have plan to trade. You definitely need an intimate knowledge to analyze coin chart. Besides, building skills and experience are both quite important which can help you  reap a huge fruits stably. But indeed, it’s not easy to practice this kind of thing, thus you need to have diligence and patience. Most importantly, I don’t think that keep an eye on your phone currently to check the coin market is a good habit. It’s more likely to lead you to FOM syndrome. You should set a fixed times to check the coin chart.

[efodix]

Trading is a hard job and big activity for your brains. My advice is to study some technical analysis and develop your strategy, and also you need to understand which risk are you able to cope with - without it you will be always in panic.

[shibob]

Trading is a hard job and big activity for your brains. My advice is to study some technical analysis and develop your strategy, and also you need to understand which risk are you able to cope with - without it you will be always in panic.

Totally agree with you mate. I'm miner and not good at trading. Trading is not that easy, I'm still on the way of learning, just to reduce the risk of losing money. For me, currently the best strategy is buy top big coins, such as BTC, ETH, XRP, XMR, ZEC....then hold them long. I only stick with these coins, I dont try to find where is the bottom, and when it gets peak. And if I got profit already, then no need to regret, it's not that simple to know the best time to cash out.

[Thiekungan]

Learn how to read the charts and markets then learn how make a trading plan. It will give you a huge helps for trading without being glued to the charts every second.

[zhanghoqi5]

Traders are tired because there are many things to do, such as monitoring the market every day to get the best price to sell your COINS or invest in them.

Traders must manage their time well and not spend it on profit for a lifetime.

[richcorner100]

I did the same thing when started trading. This is actually not so good for trading activity because this over trading make hard to control emotion. Good trading activity is make research and analysis before buy, decide for take profit and use stop lose and then forget it a few hours, and tomorrow check it again.

[MikeM33]

Trading requires you to complete the full force and time, you need to constantly monitor news, analytical materials, communicate with other traders. If you combine basic work and trading, then you are unlikely to succeed in the first and second.

[trang1188]

when i start trading crypto and stoker,i also think i will life with trading day,i will do my job and trading,but after that i am so tired becaused i allways see the exchange,see the change of crypto or stock and allways prepair to buy or sell,but i lose money,i see if i only trading days i will make rich for exchange,so i will change method,i invest long time,i fell happy and i can get profit when i invest 9-12 months

[Tlongbottom]

When I first started in crypto, I was trying to make all of the trades and catch each and every up and down. I ended up losing because I just wasn’t good at it. I over traded and chased green candles day after day. It also started to affect my sleep since I would worry about what was happening over night. I’ve since stop trading for the most part because the stress that came along with trading wasn’t worth it to me.

[chakhigh]

It is all about self-organization and work for a couple hours without distruction on trading ..then spend the rest of your journey as you like, just live your life. In the near future, there will be an easier trading task using Ftec platform. This tool will save us a huge time and profit more:
https://ftec.ai

[Segio kent]

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.

[FilliDorros]

Day trading for me is very risky especially to those who do not have enough knowledge yet about it.
I recommend self education first for a certain amount of time before engaging to trading.
For the meantime I am contented with holding my investment but I am still open to future trading.

Self education takes a very long time and I understand that it is very necessary. Even after you have gained a some experience you need trade in small amounts.

[patitricks]

Trading coins change every second but we do not need to always pay attention to the state of the market every time because it will interfere with our life activities, important information usually occurs at certain times and we can choose the time to see the market.

[RajaCripto]

You should be able to share your time, let alone you are a student, you need to learn to take the exam in your school. so it is not good if you always see the phone screen

[Soberb]

Same here with me my friend. Initially, I was not much interested in it and it was about one year ago. But nowadays I am glued to mobile or desktop screens only to check the market, participate in bounty campaigns. Finding it difficult to keep my mind off. Advice is welcome.

[ishirut009]

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 

Thats really it for the firs timers until you realize that long term investing or should i say TRADING. IS the best strategy ever. It is not time consuming. Those precious hours that you should be spending on learning to become a more sophisticated investor.

[ailyn30]

Life of a trader is like an ocean. It is beautiful to watch the waves and listen on its sounds. But if you will swim into the ocean without any organized plan you might loss your stance at any moment and lost everything in an instant.

[honey0199]

You have to be like a real trader but work no matter what time. Depending on how large or small the investment is, how much information is updated about the Cryptocurrency market. By just briefly updating your information, you may miss out on a chance to make a purchase or sale decision

[s31joemhar]

Life of a trader is really big stress because there are lots of struggle that needed to be address and to be monitored to secure the profit that you really aim. Trading is a hard task which requires skills.