life of a trader

[Perumweil]

Attempt to forget about it amid the day, particularly on the off chance that you have a normal everyday employment. You could never have the capacity to respond rapidly amid the day and take significant activities. What I do is each night I attempt to watch the patterns, read some news and alter my portfolio for the following day, if important. Checking your telephone each second just won't fly.

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[ThunderCatSteve]

Attempt to forget about it amid the day, particularly on the off chance that you have a normal everyday employment. You could never have the capacity to respond rapidly amid the day and take significant activities. What I do is each night I attempt to watch the patterns, read some news and alter my portfolio for the following day, if important. Checking your telephone each second just won't fly.

There many different types of traders and I want to mention only few of them, we have short term traders, long term traders and "automated" traders.

[vovanlau1]

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.

[pergola]

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 

Trade will take up all your free time. You will even wake up several times a night to check the courses of your coins, and if some meaningful movement has started, then the night without sleep is assured to you. In general, it is very difficult or almost impossible to combine trade with any other work.

[BlackBoxRecords]

It is almost impossible to live a normal life being a trader, even if you carefully set protective orders and only daytrade, you need to be on the keyboard.

[Asgod]

In fact, the work of a trader is a constant control of the market. And those who trade at crypto exchanges since you are attached to computers and telephones. Otherwise, it does not work here. It's just necessary to severely divide the day into trade and leisure. If you constantly trade, then you will not last long.

[5hoop5]

The life of a trader lies in efficient work in the trade of crypto-currencies. The trader must also track changes in asset prices, monitor economic news using technical analysis or fundamental to determine future price changes.

[lalunalaguna]

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 

Sick recommend that you may give time for your exchanging like for instance no less than 5 hours every day. Try not to get yourself worried by exchanging. Simply let it stream and concentrate all what you have to do in exchanging.

[klavtrin]

The trader has to work both night and day . It takes a lot of time to study the market . Organize your day properly .

[puremage111]

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 

Hello, as a past trader for over 2 year
I would like to say if you are trading with crypto to crypto, or crypto to fiat, as long as you hold the coin and even its value go down, you are pretty fine with it.
You don't need to glued yourself to phone every second because despite if market crash to $0, you still hold the same amount of coin

Unless you are dealing with margin trading which actually deduct your balance every X amount movement, you are required to play safe and you don't need to glued yourself too. Set stop loss and take profit range and you are done

Just, try not to attached too much of your time with trading unless you can, or else the emotions will affect your trading strategy

[PJRLJRAC]

When I initially began in crypto, I was attempting to make the greater part of the exchanges and catch every single here and there. I wound up losing in light of the fact that I simply wasn't great at it. I over exchanged and pursued green candles for quite a while. It likewise began to influence my rest since I would stress over what was going on finished night. I've since quit exchanging generally in light of the fact that the pressure that joined exchanging wasn't justified, despite any potential benefits to me.

[Pure03]

I can say that for beginners. If you are new these days, I think the most annoying aspect of the market is the continuous graph red and a good increase every fall. I think it's time to rise. Things will be good by the end of 2018.

[kam41]

Yes im still holding my coins like ethereum, neo, litecoin and dash because i trully believe they will soar high within this year. We should not sell our coins at a lower price especially at this season of dips because we can get nothing but an investment loss only. We should wait and have some patience because that will leads us to success at crypto investments.

[Corelianer]

Trading is not viewing every 5 minutes quotes. This is a Clear entry point, a clear exit point and a limit of risk per trade.

[Itcher]

There is a very good book by Jack D. Schwager Technical analysis. Suitable for both novice and professional. It is better to read it before you start trading.

[code]

For me, trading has become the main job. But I go to the exchange 2-3 times a week to open and close transactions. Otherwise, it can lead to nerve problems.

[zenadd]

If you are checking your phone every 5 minutes, this is not a good sign. Because you are getting too emotional and you not sure about your trade. Try to stay aware of behavior like this. Just do trading when you have time for this, market always are full of opportunities, all you need is patience.

[kicauklaten]

I say reasonable since the beginning of the trade will be a lot of curiosity for results and misgivings will be losses. but slowly things like this certainly will need the experience to be familiar with the situation. over time this could certainly be slightly reduced. so enjoy the process because trade also needs experience and knowledge. If in your everyday life then apply as usual only when there is spare time.

[c983636896]

Set alert to your phone or email, so you will life as normal. And try to forget it.

[costgranda]

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 

Yes, your situation is very familiar to me. When I was engaged in trading a few years ago, I found all the time for this occupation, always checked the prices and looked for some useful information. But this occupation hasn't brought big result to me, but has taken away huge amount of time therefore I have decided to finish with trading.