sedahan13
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Activity: 462
Merit: 10
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October 28, 2018, 02:10:49 AM |
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Trading activity should be become second job and apart times because in trading we can not guarantee to earn profit. I working on office about 8 hours but i can do trading 2 to 3 hours aday. Trading is good way to earn extra money although the risk is high but by use management of risk and money possible to reach profit about 20% monthly.
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Yamifoud
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October 28, 2018, 08:03:37 AM |
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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.
Yes, not necessarily we spend whole day for trading but 1hr isn't enough by then. It should be better to check every now and then in order to track on your trades as our market fluctuates everytime. I've never think traders have a good earning for now since bitcoin price seems to be stuck and altcoins isn't moving. |
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bandungan
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October 28, 2018, 10:06:56 AM |
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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. trading if you do an analysis in a long daily period will make it stressful. this can be done by choosing the best time to be used as a trading option and this can avoid stress for traders. |
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bitbunnny
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Activity: 2898
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
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October 28, 2018, 10:56:58 AM |
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How much time you spend on trading depends also if you are professional trader or not.
But in any case if you want to be successful and make profit you have to spend considerable time on the exchanges. Also you have to constantly watch all trends and changes on the market so that you can make right decision in a right time.
But day trading is not for beginers, too risky and too stressful with big chances to acumulate loss.
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rjsmith
Copper Member
Newbie
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Activity: 364
Merit: 0
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October 28, 2018, 11:11:15 AM |
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I think that daytrading is very stressful.I don't know how the professional traders deal with stress, anxiety.bitcoin within a short period of time with less gain.
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Robotbitcoin22
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October 28, 2018, 12:03:33 PM |
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I think that daytrading is very stressful.I don't know how the professional traders deal with stress, anxiety.bitcoin within a short period of time with less gain.
Controlling emotions is really needed and the average professional trader is able to control it to get the right moment. they already have a lot of experience |
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monster2
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Activity: 448
Merit: 5
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October 28, 2018, 03:04:01 PM |
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The trading for me is not good also lately my coin in always drops like syscoin and litecoin this altcoins is lossing me enough and I will switch to other coin to earn.
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INVECH - SECURE AND LICENSED CRYPTOCURRENCY EXCHANGE - INVECH (https://bitcointalk.org/index.php?topic=5052844.0) |
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pixie85
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October 28, 2018, 04:10:52 PM |
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I think that daytrading is very stressful.I don't know how the professional traders deal with stress, anxiety.bitcoin within a short period of time with less gain.
The answer is easy. They usually get burned out pretty fast or need to take breaks from trading. Not many people can do it professionally in the way that it's their only source of income and if they are doing it, it's when they have a lot of money lying on the side. Most traders that I know do it on the side and have other jobs like running courses and speaking at conferences or having a youtube channel. |
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larkinvain
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Merit: 13
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October 28, 2018, 05:49:55 PM |
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Day trading is really boring and stressful. When I was doing day trading I would be busy with my pc all day long that was really pathetic. You are very young in this sector so learn and watch senior guys how they work. At the same time try to research the market to have a better idea.
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bastian466
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Activity: 1302
Merit: 250
Sugars.zone | DatingFi - Earn for Posting
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October 28, 2018, 06:48:41 PM |
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Indeed as a trader you have to have a lot of time, it is very difficult for those who have other jobs. In my opinion, because it takes time to see each market movement and the problem of profit depends on each deposit and market movements
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TheReverend
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October 28, 2018, 11:20:49 PM |
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maybe they don't need big profits because they have regular targets every day, so maybe 1-2% is enough, as long as it's consistent every day.
I have a friend who trades daily. He says you should not be greedy even if your condition allows him to take a lot of profit, you must remain consistent, he said.
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btcdevil
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October 28, 2018, 11:25:09 PM |
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maybe they don't need big profits because they have regular targets every day, so maybe 1-2% is enough, as long as it's consistent every day.
I have a friend who trades daily. He says you should not be greedy even if your condition allows him to take a lot of profit, you must remain consistent, he said.
I agree with your friends point of trading. If you trade daily with 1 to 5% of profit then on long term you will see your ROI is very good and you are in good profit. Slowly if you earn it will be a big profit in future. This is the trading secret for success. Because their are daily chances of earning and you should not be greedy that you want to become rich in a day and in the end you will see that you are in loss. |
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learntonoob (OP)
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Merit: 0
FinanceX Exchange
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October 29, 2018, 02:34:02 AM |
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Thank you all for your useful advices. As I imagine like you have mentioned, a day of a full-time trader is very stressful. They can have much free time but the traders need to lose many things such as health, relationships ... I think they wake up at 9am, have breakfast, surve the crypto news to see anything which can effect the price, read the chart, analytic all the time and try to find a good deal for the day.
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Pikachu12
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October 29, 2018, 02:39:16 AM |
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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 trader now and I only spend over 4 hours a day exploring and working in the Crypto market. Currently I only invest long term in EOS and do not care about day trading. But I know that day trading is really pressure on us. You should keep your head cold or give up your work to focus completely on the transaction. It will be much more effective. |
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mraphael
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October 29, 2018, 06:33:35 AM |
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Choose higher timeframes to trade. Daytrading is very stressfull, and it is very hard to get consistent profits.
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Moiyah
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October 29, 2018, 07:40:57 AM |
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Due to the market's situation wherein it is very unpredictable. You see, we cannot consider that as a full time job. But if you are well experienced and has a full confidence that you had enough techniques and wisdom to do a trading, then you may.
Before, my day in trading is not that good. I lose so much. I do entering orders without thinking, greedy that I regret back then. Not all trading is going smooth.
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wuvdoll
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Merit: 1025
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October 30, 2018, 05:41:03 AM |
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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? ...
Just like every other job. You wake up checking the prices and try to do your job as best as you can and hope that your best is enough to help you bring food to your table. If it is not that well than it won't be bringing any food and maybe even take some food away. There are days when you are making profits like hell and you are incredibly happy about it and if you are smart you try to reinvest it back into crypto and try to make more and if you are not that wise with your money you either lose your profits from bad trades or you just assume your initial capital was enough to make this money so you go off spending the excess amount you just made as profit. Most days consist of checking prices constantly and seeing what is the range of a coin daily even while knowing it could change any second and do something crazy. It has amazing ups and awful downs to it. |
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sana54210
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October 31, 2018, 01:16:12 PM |
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Choose higher timeframes to trade. Daytrading is very stressfull, and it is very hard to get consistent profits.
Well, as much as it could be stressful for some, some actually like the feel of making steady money at least almost every day as long as there is a room for some good market to trade for that day. However, it is something that I have always noticed that most of the time, day trading is actually something that can be a whole lot crazy knowing how well you have to monitor the market most of the time, but it is not necessarily like you having to do it for the whole day as you even need to be in the right set of mind for the next day when it comes to day trading. It is just because a lot of people are just too greedy to want to get everything from the market most of the time, that is the reason why they always tend to prefer stressing themselves working round the clock trying to make multiple trades in a day. It does not have to be stressful unless you want to make it stressful. |
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chuoinguyen227
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Vite
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October 31, 2018, 02:50:56 PM |
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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'm going to school all day. And my only free time is a few hours in the evening. I look at the phone screen seems every time possible. I usually order in the evening. Since I am quite busy with school, I do not have much time to trade. My profit is not stable and just enough to live.  |
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dvdrewritable
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October 31, 2018, 02:56:51 PM |
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I did it for a couple of months trust me trading is not for me. It brought me a lot of trouble I lost a huge amount of money except this got physical problem while trading I used to seat before my pc all day long I was bored and quit it. But honestly, there are a number of people still trading without suffering any problem and making profits.
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