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Author Topic: life of a trader  (Read 30946 times)
clasifiedads
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August 13, 2018, 09:17:49 PM
 #1201

This is a very relevant discussion, especially for crypto traders and potential traders. Just looking through the various opinions and suggestions, I still talked about the rich knowledge about how to conduct successful cryptoforge life.
Making money as a day or long term trader is kind of an easy job. Make you to not invest in anything that you can't afford to lose.
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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August 13, 2018, 09:25:15 PM
 #1202

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
You can follow this rule: check prices 2-3 times a day (in the morning when you grab your phone for the first time, in the evening and maybe in the middle of the day). By doing that you'll have enough time to do your ordinary activities and you won't miss any significant changes on the market.

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August 14, 2018, 04:13:24 AM
 #1203

Many professional trader is always ready earlier than his trading schedule to be more flexible and not 'miss the market'. Becoming a forex trader is indeed his choice of profession, business and his main livelihood, therefore he will not enter the market in a reckless way or miss a golden opportunity to open trading positions.
A professional trader knows that to start the day trading must be in excellent mental condition in order to maximize in applying the trading plan and analyze market conditions. Because the mental and physical conditions are very closely related, then make sure that your body is really fit for your mental state of prime when will start a routine activity. Bodybuilding or light exercise is needed to allow oxygen to flow into the brain. Good luck.
sintecan
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August 14, 2018, 04:16:13 AM
 #1204

if you trade every day, you really have to keep a close watch on the prices of coins that are traded significantly, but if you only do ordinary trading, you don't have to look at your cell phone all the time, because that will make you uncomfortable doing daily activities - day,
Cordann
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August 14, 2018, 06:50:52 AM
 #1205

Beginners in the crypto market often constantly check the situation on the market. But for experienced investors, there is no such need. Can constantly monitor the market only when working with a short-term price.
gehtrs
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August 14, 2018, 06:53:53 AM
 #1206

I think you need to have your own stable work first. You must forget the encryption when you work, so that you can concentrate on your work. When you get home from work, you can take 1-2 hours in the encryption market. After all, you invest in encryption. After the currency, the most time is spent waiting, have time to spend more time with your family.
Blackhawk458
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August 14, 2018, 10:03:04 AM
 #1207

I think life of a successful trader is awesome. But there are lots of pressure. He need to aware of every time.
NorthField25
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August 14, 2018, 10:03:15 AM
 #1208

Life of a trader is simple as they can manage to hold their coins and make some good income.
Significant254
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August 14, 2018, 10:03:31 AM
 #1209

I think life of a trader is so difficult. There are lots of pressure.One need to be alert at every time.
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August 14, 2018, 10:04:49 AM
 #1210

My working day consists of the fact that I do not work at home, I go to 10 am in the office and before 5 pm I'm engaged in trading.
TomInVa57
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August 14, 2018, 10:50:39 AM
 #1211

I do not yet have a significant experience in trading. But I believe that a trader needs to be able to manage his time, distributing it to trade and personal life.
dxl0536
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August 14, 2018, 11:08:01 AM
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please take your attention to other interesting things like, watching the movie or play the phone game or waiting some daily story.
Pulafripta
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August 14, 2018, 11:11:53 AM
 #1213

its hard to have them both. once you enter crypto it becames your life. you need to be patience on dont trade your rent money. if you only trade money you ont need in the near future you can also do your day job if not you will be allways thinkink at crypto and how to make profit.
Bitknick
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August 14, 2018, 11:21:43 AM
 #1214

Try setting up an email alert, this will greatly reduce your attachment to the phone!
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August 14, 2018, 01:50:14 PM
 #1215

Well I get it's in the idea of this business. To get maximize of crypto we ought to be prepared each second to exchange promptly. In the event that you need you can put in offer and purchase requests to have somewhat more time for your self.
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August 15, 2018, 10:54:23 AM
 #1216

In any case, you do not need to spend every second of your time monitoring the situation on the market. You just need to make your plan and adhere to it.
hungter34
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August 17, 2018, 08:55:53 AM
 #1217

keep time for other daily life activities. trading is just buying low and selling high. wait for a dip and buy it.
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August 17, 2018, 10:52:13 AM
 #1218

The life of a trader is always very rich, emotional and risky. Therefore, you need to find free time for personal affairs and meditation in order to keep yourself in good shape.
dmerrifield9844
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August 17, 2018, 02:32:21 PM
 #1219

Crypto trading is like an extra on the side where you may or may not get rich from it, in fact you might lose everything which is the case with unfortunate traders who invested in the bitconnect scandal Smiley
Garuda88
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August 17, 2018, 04:34:33 PM
 #1220

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
It seems that it is the main job of a trader, which is to always observe the market and find references as much as possible. But if you do not have free time, maybe observe the market, and buy and sell by utilizing the order option it will reduce the frequency of your viewing market.
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