playboy654
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April 11, 2019, 10:40:40 PM |
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Full time traders also had opportunity to make quick income I'm more than the part time people but both the advantage and disadvantage available in full time training but if you make this as a main income of your life you will definitely need to put so much effort and make higher income.
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akram143
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April 11, 2019, 10:55:28 PM |
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Sometimes it will be difficult for everyone to be a full time trader because training needs lots of trust in the development with your knowledge so if you want to make your life successful you had the opportunity to make it profitable then only you need to put hard work and smart work combined together.
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pixie85
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April 11, 2019, 11:00:52 PM |
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Means i trade at the screen 3-4 hours per day. In 1 hour sessions. Then learn and prepare offline 3-4 hours per day. No other job. Meticulous number keeping records.
I should count how many trades Im in executing daily. Maybe 50- 100 per day. I make money from every day except 3 days that BTC dropped hard and it gouged my account profits. My management of these risks needing improving.
With that amount of dedication and no profits you're a bad trader. There's no other explanation. Maybe you are unlucky if you believe in these things and are superstitious. Change your strategy and don't focus on day trading. Try to set goals for yourself and wait longer before every move. If you bought Bitcoin at any time between January and April you made money. How is that difficult or unpredictable?
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emberbekas
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April 11, 2019, 11:06:13 PM |
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Trading crypto currencies is very complicated. And even if we have good knowledge and capital, that does not guarantee that we can live with it. That's why I have never chosen trade as my full-time activity and treated it only as a search for extra income. Sometimes people make decisions too fast. Just because they made a profit at a certain time, they felt that trading was his way of life and decided to dedicate all of his time to trading.
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nydiacaskey01
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April 11, 2019, 11:54:15 PM |
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How did you qualify yourself as a full time trader but you are not making money? Is it always break even? One thing I learned about trading and if you really want to earn slowly but surely, set your target at minimum like 2% or 3% per trade. Sometimes if we aim high, it takes time for us to reach our target but 2% or 3% can be reached easily and sometimes possible in a day.
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Bonsaiav
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April 11, 2019, 11:58:37 PM |
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Maybe this's impossible if a full-time trader doesn't make money, even though what you say in my opinion's quite doubtful, however this thing might have happened to everyone especially those who are still newbies. If you make trading as your main job, of course you must be prepared with a variety of challenges that will overshadow you when you do it. For me, 1 - 3 times experiencing loss is a natural thing to happen because in trading it usually has its own complexity in its implementation so to anticipate this thing we still need special techniques, and at least we have to have a little experience. Just let the loss ever happen, and make it as your trading experience, you should start again, surely you will become an extraordinary trader.
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BlackPanda
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April 12, 2019, 03:14:12 AM |
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You are a full time trader but you dont earn anything? There must be something wrong with your trading strategies. I'm not even an active trader but I can make some money from trading (maybe can be called as short term holder). I wonder how did you trade so far that makes you earn nothing? I believe there must be a time when you earn some profit, or do you mean to say about your overall result?
All you have to do is change the stigma, what I do is I will make a decision even though I only get a little profit. I prefer to get small profits and do it often rather than waiting too long without certainty to get a big profit. This is a choice, do it according to our abilities.
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maydna
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April 12, 2019, 04:00:04 AM |
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You are a full time trader but you dont earn anything? There must be something wrong with your trading strategies. I'm not even an active trader but I can make some money from trading (maybe can be called as short term holder). I wonder how did you trade so far that makes you earn nothing? I believe there must be a time when you earn some profit, or do you mean to say about your overall result?
All you have to do is change the stigma, what I do is I will make a decision even though I only get a little profit. I prefer to get small profits and do it often rather than waiting too long without certainty to get a big profit. This is a choice, do it according to our abilities. That will be great for every trader. Better to get small profits than never especially if we are a full-time trader. I use that strategy too in the unpredicted market, and I can accept to get those profits because I can try it over and over, so it means, I can collect medium profits. Perhaps he always picks a wrong coin so he cannot make a profit. But it doesn't make sense if he cannot make the profit because even if he buys wrong coins, in the long-term, those coins will increase too. But who knows. I think he needs to learn more lesson about trading so he can be able to choose the right coin so he can make a profit. And once again, it is better to sell the coin even for a small profit and don't chase the big profit if the market cannot moving higher in fast.
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Carrelmae10
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April 12, 2019, 07:39:01 AM |
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..a full time trader that earns nothing??..how is it happen??..a full time traders always end up on a success..I am not a full time trader but i do trading and in a short period of time in trading some coins I can say that I gain profits,,maybe there is something wrong in your trading strategies..but it is a mere fact that trading is not that much profitable,,so maybe you are one of those scammed victims who is easily deceive by somebody.. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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sujonali1819
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April 12, 2019, 08:36:42 AM |
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Which strategy you used buddy? If you told details here then we can give the suggestion on the basis of your strategy and we can find out the fault during trading. At this point I can not decide what I will suggest you. May be you are a panic seller/buyer and can not control your emotion. So be patient and control emotion during buy and sell.
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LimLims
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April 12, 2019, 09:12:56 AM |
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Lmao, so before becoming a full time trader you need to understand the things that a trader follows. If you are a full time trader then you also make yourself affordable to bear loses. A trader is not the one who only make profits. He also periodically make losses. Moreover you also need to know the about the strategies that the traders follow to overcome loses. Hope this helps you a bit.
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Baofeng
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April 12, 2019, 09:16:42 AM |
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Are you a really a full time trader? So it means that this is your job, to bring food in the table for your family? If so, you are not making money then how can you and your family survived? Lot of contradiction on you statement, looks like you are just trolling here.
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stfN2128
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April 12, 2019, 09:25:13 AM |
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Interesting, you call yourself a fulltime trader and you make no money? so i guess you have no idea what you are doing, right? calling yourself unemployed would be more suitable ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Sorry i don't get it why everybody thinks its easy to trade... i'm trading stocks for 4 years next to my job... i'm starting to get some regular profit from trading after 3.5 years... (yes there are some people making faster regular money... fucking psyche ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) ) so maybe you should work and try to learn trading next to a normal job... ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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bisdak40
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April 12, 2019, 10:54:53 AM |
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Are you a really a full time trader? So it means that this is your job, to bring food in the table for your family? If so, you are not making money then how can you and your family survived? Lot of contradiction on you statement, looks like you are just trolling here.
That is what also i am thinking. Being a full time trader means that a person already got the knowledge about that business. Know what to do when BTC drops to avoid much losses as he said that he losses the profit he have on the last three days. Maybe just a swing trader not a full time day trader.
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mirakal
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April 12, 2019, 11:04:39 AM |
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The fact that you call yourself a full time trader, you are like having a job that you are expected to earn as your income. Being a full time trader is very hard, since you are living in an unpredictable world and you need to make more correct prediction to make an income. If you are consistent, this is a good job, if you have a job now, you can leave it and be a full time trader.
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Lawrenzoo
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April 12, 2019, 11:33:16 AM |
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Are you a really a full time trader? So it means that this is your job, to bring food in the table for your family? If so, you are not making money then how can you and your family survived? Lot of contradiction on you statement, looks like you are just trolling here.
There is this saying in my country that goes with the say "when you cover your problem, your problem will die with you without having a solution to it", its possible he has been on trading for long and kept practicing without getting it right, what he needs to do is to state exactly what the challenges are before he can get any right solution or advise to his problems.
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Polar91
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April 12, 2019, 11:53:57 AM |
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Perhaps your knowledge in trading isn't enough for you to proceed in trading full time. If you are just starting, I suggest that you shouldn't leave your job yet and trade only with your leisure time. Once you've learn a lot and your account is enough for you to earn equal or greater than your salary from your job, then you can leave your job and become a full time trader.
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maxreish
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April 12, 2019, 11:55:22 AM |
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Can you please elaborate and share your experiences as a full time trader? Not making the money? Then how'd you survive in your daily lives? It doesn't makes any sense. Being a full time trader means you already are an expert trader which consists of useful knowledge about trading. But the way i see it, i think it is the other way around.
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izanagi narukami
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April 12, 2019, 12:01:24 PM |
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You need to understand the risk of trading type that you choose.
For example :
Stock trading's risk : High Crypto trading's risk : Very high
Even if you have learn in stock trading analysis do not guarantee that it can work on crypto because it's totally different league !
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Kemarit
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April 12, 2019, 01:10:05 PM |
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Yeah right. If you are really a full time trading and not making money they I suggest you switch careers. And it only shows the trading is not for everyone, specially for those who think this is easy and they can make money out of thin air. If you really wanted to be a trader then I suggest you over haul your strategy because it's not working. You can go around the forum and find some tips so that you can at least start on the right foot here, IMHO.
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