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Author Topic: How is a day of a crypto trader?  (Read 16311 times)
learntonoob (OP)
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October 27, 2018, 02:35:03 AM
 #1

Hello everyone,
I'm new to the crypto world and have been trading for 2 weeks. I have a job in Marketing and trading is a way for me to earn extra money. I often focus on trading after work because I am quite busy at my office.
I'm very curious about how's your day going? anyone here is a full-time trader? When do you start trading? Do you look at the screen and read all the time? And if it's not too private, can you estimate how many percentages of profit you earn a day? ...


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October 27, 2018, 04:36:25 AM
 #2

Well most of my trading are done automatically. I make use of stop loss and take profit and I'm a day to day trader. So far I haven't suffered any major losses due to my strategy. And I have been trading close to 3years

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learntonoob (OP)
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October 27, 2018, 06:42:58 AM
 #3

Well most of my trading are done automatically. I make use of stop loss and take profit and I'm a day to day trader. So far I haven't suffered any major losses due to my strategy. And I have been trading close to 3years

I think you are an experienced trader. How is your day going? wake up in the morning, trade and going out until mid-night to earn benefit from crypto?

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October 27, 2018, 11:33:23 AM
 #4

I am full time crypto earner but not trader really. All my trades are really long term one so I dont have to stick to the screen all the time I have never sit in front of the PC looking after the trading patterns for hours. May be a professional trader might do that but for me its simple trick of buying and selling. I just hit the market, look for some great coins (which can be scam eventually) you never know! But with the risk being considered we can approach ahead and buy them at relatively lesser prices as compared to its initial price. The next step is to Hodl such coin and wait for the market to show up some higher prices for the same. Thats all, this is how it works for me as trader.

 
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October 27, 2018, 11:45:35 AM
 #5

Well I used to trade a lot like 2 months ago and I stopped because if you are looking to be a trader then your eye should never leave the price of the coins amd the market
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October 27, 2018, 12:34:12 PM
 #6

When do you start trading? Do you look at the screen and read all the time? And if it's not too private, can you estimate how many percentages of profit you earn a day? ...

I think that daytrading is very stressful, and you will look at the screen many times a day.

A longer run like a swing trade will be much less stressful, but less lucrative.

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October 27, 2018, 02:09:12 PM
 #7

Hello everyone,
I'm new to the crypto world and have been trading for 2 weeks. I have a job in Marketing and trading is a way for me to earn extra money. I often focus on trading after work because I am quite busy at my office.
I'm very curious about how's your day going? anyone here is a full-time trader? When do you start trading? Do you look at the screen and read all the time? And if it's not too private, can you estimate how many percentages of profit you earn a day? ...



I am currently a trader without any day job so it is kinda boring for me since I don't need to watch the charts all day. But sometimes I go out and play sports.
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October 27, 2018, 04:53:46 PM
 #8

Hello everyone,
I'm new to the crypto world and have been trading for 2 weeks. I have a job in Marketing and trading is a way for me to earn extra money. I often focus on trading after work because I am quite busy at my office.
I'm very curious about how's your day going? anyone here is a full-time trader? When do you start trading? Do you look at the screen and read all the time? And if it's not too private, can you estimate how many percentages of profit you earn a day? ...



Day trading is stressful. As far as I know, a lot of traders analyse the market overnight decide on positions to take and wait for confirmations based on their analyses before making moves. I do little of trading, but it's mostly copy trading. I take positions and set appropriate stoploss and take profits areas. I check in on the trades when I have the urge to do so and when my mentor asks me to do so.
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October 27, 2018, 05:00:56 PM
 #9

Hello everyone,
I'm new to the crypto world and have been trading for 2 weeks. I have a job in Marketing and trading is a way for me to earn extra money. I often focus on trading after work because I am quite busy at my office.
I'm very curious about how's your day going? anyone here is a full-time trader? When do you start trading? Do you look at the screen and read all the time? And if it's not too private, can you estimate how many percentages of profit you earn a day? ...


I started trading when I saw the market started good and bought coins at low prices, any coins that have the potential to trade. other than that maybe the daily profit that can be obtained only 5-10% can be used as the best profit opinion when we see the market conditions are very unstable, hopefully it can provide knowledge for you.

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October 27, 2018, 05:16:36 PM
 #10

I used to do it but it took a toll on my health so I stopped. My day basically revolved around price alerts and I had my computer on 24/7. I had no real work and sleep times, sometimes I slept during the day and sometimes at night. When I got tired and I felt like the market is calm enough I had time to go to bed or do chores, but each time an alert let me know that there's a bigger move I had to run back to the computer and check it out. I slept light and the only time when I was able to take a break was when I gave myself a day off, went all fiat and forgot about trading. I got so tired that in 2016 when BTC was at its lows I took a whole year off and never went back to active trading.

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October 27, 2018, 05:17:06 PM
 #11

I started trading a couple of month ago, just to learn something and hopefully earn something. My percentage is really low, 0.5 to 1 percent wins on the good days and as much losses on the bad days. Overall, not winning much and not losing much. I can't help you with professional tips as to how the day of a crypto trader goes, but I can tell you one thing: most of the time I feel stressed and not really great. I don't know how the professional traders deal with stress, anxiety, and anticipation, but it must take a toll on them too.
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October 27, 2018, 05:39:37 PM
 #12

As what you have said you are new in the crypto world, then you need to have a lot of research before engaging into that trading business.
Day trading is so stressful you need to look at the price movement in the market cap every now and then, and basically, you have a good analysis which better coin you must to picked and pump up at that day, so risky if you know. If I were you right now, much better to have a good research or better idea hire a personal coach on how to works in trading.

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October 27, 2018, 07:43:32 PM
 #13

Hello everyone,
I'm new to the crypto world and have been trading for 2 weeks. I have a job in Marketing and trading is a way for me to earn extra money. I often focus on trading after work because I am quite busy at my office.
I'm very curious about how's your day going? anyone here is a full-time trader? When do you start trading? Do you look at the screen and read all the time? And if it's not too private, can you estimate how many percentages of profit you earn a day? ...



Have you participate in trading before or not.If you don't practice trading,you can start trading with the initial amount of 10$. Trading is easy to learn only by practice.You can't learn trading by the mean of any education. Day trading is the trading where the trader will buy and sell the bitcoin within a short period of time with less profit.

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October 27, 2018, 07:58:56 PM
 #14

The way I perform and see it, a typical day should be all about checking on the market and devising strategies as to when is the best time to exit or enter. This is a job that requires a lot of time
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October 27, 2018, 09:31:33 PM
 #15

Hello everyone,
I'm new to the crypto world and have been trading for 2 weeks. I have a job in Marketing and trading is a way for me to earn extra money. I often focus on trading after work because I am quite busy at my office.
I'm very curious about how's your day going? anyone here is a full-time trader? When do you start trading? Do you look at the screen and read all the time? And if it's not too private, can you estimate how many percentages of profit you earn a day? ...


I am not a day trader that really active everytime, but i have friend that do that. His time only for trading,look for market, and less sleep and take a rest. Because market especially crypto market have high volume in midnight of my country. Day trader life is stressful if you want to wonder.

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October 27, 2018, 09:54:49 PM
 #16

Well most of my trading are done automatically. I make use of stop loss and take profit and I'm a day to day trader. So far I haven't suffered any major losses due to my strategy. And I have been trading close to 3years

 Grin You should be in good money and your explanation of using your strategy is the way to make profit with stop loss. I what you wrote but don't have merit to give.

Do you look at the screen and read all the time?


Doing that will lead you to taking wrong decision. The best thing to do is see your nice entry point, execute your trade with stop loss and take profit, close your system and get to do other things.
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October 27, 2018, 10:01:01 PM
 #17

I have not tried it in crypto, but I think it can be done by analyzing the market to place a position and check it later in the afternoon or wait 24 hours, and decide to stay or go out (through analysis also). You can save time and not be in the computer for long hours.
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October 27, 2018, 10:03:06 PM
 #18

The way I perform and see it, a typical day should be all about checking on the market and devising strategies as to when is the best time to exit or enter. This is a job that requires a lot of time

Its very stressful actually. When I am starting to learn trading, I am almost doing it 24/7. But slowly I am used to market movements that now I just check it on my mobile from time to time. Also, when the market start to become bearish, I just leave my crypto assets on hold.. until now for several months already.

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October 28, 2018, 12:36:04 AM
 #19

To make profit from crypto trading, we not need to spend full times because we can do swing trading by spend 1 hours a day,  but we should be have better risk management by use stop loss and trailing stop.  When bull market  swing trading will be more profitable than day trading.

Bunsomjelican
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October 28, 2018, 01:07:41 AM
 #20

Hello everyone,
I'm new to the crypto world and have been trading for 2 weeks. I have a job in Marketing and trading is a way for me to earn extra money. I often focus on trading after work because I am quite busy at my office.
I'm very curious about how's your day going? anyone here is a full-time trader? When do you start trading? Do you look at the screen and read all the time? And if it's not too private, can you estimate how many percentages of profit you earn a day? ...



If you do this as your extra income, well that a good start according to your situation dude.
To learn trading is not that really easy to understand, the basic things we need to find out is what to do to become a crypto trader?
Then, How to become a good trader? and last but not the least What are those things that we need to consider if you are in the actual trading
platform? With these question you need to know there answer first before anything else.
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