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Author Topic: trading needs consistent attention and full concentration  (Read 952 times)
Qirtov
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August 16, 2021, 02:19:44 PM
 #121

Consistent and concentration is very necessary in trading. You must really have a consistent intention from beginning to end when deciding to be reliable in cryptocurrencies, especially when you already feel the difficulty of holding back emotions when monitoring market conditions. Related to concentration, namely when you have difficulty controlling your emotions, you really have to stay focused on trading, don't vent your emotions when trading. Focus on the goal to be achieved.
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August 16, 2021, 03:40:28 PM
 #122

Maybe it works for you but for me, it won't and I realize that it needs more time and effort. With the changes I've made, it was found to be more profiting and the results is too far from what I did before.
Yes, it doesn't need to be glued all day on the screen and never does this as I was just a casual trader even the other day traders but having a long-time spend on the market will help us to be more aware of the current trend and this gives us some view which strategy we have to apply and consider this as an advantage.

Trust me it does not even work for him or anyone who posted here in this thread that it worked for them,,, And if they argue, simply ask for the proof, which is very easy to get if they really were traders.

Real traders do not waste time on this kind of threads. Too busy actually trading.

Glued to screen "traders" are actually speculators and gamblers. The painful truth:)

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qwertyup23
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August 16, 2021, 03:58:21 PM
 #123

That's true some people are not fully consistent and not on their full concentration when doing trading that's why it's hard for them to think what is a good decision and what's bad also if you are not on full concentration there are things that you might miss and that's not really good in trading.

It's not about full concentration and being consistent- it's about hard work and absorbing the knowledge for experience.

Even if a person is consistent with trading, there is still no guaranteed profit on his end. Trading requires a great deal amount of experience and knowledge on the market. When we mean by knowledge- both the extrinsic and intrinsic factors should be considered that affect the price of cryptocurrencies. Then after that, full concentration would follow in order to track down the price and sell them at ATH.

R


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Theones
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August 16, 2021, 04:12:12 PM
 #124

I do agree with OP that you need necessary knowledge, skills and tools to do trading in profit. Those who jump with zero knowledge always end up in loss. One other reason is that newbies think that trading is a a piece of cake and with this mindset people jump with huge capital and that's there key mistake.
I am a loser when it comes to day trading or short term trading while  winner when it comes to HODLing.

Coiriel
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August 17, 2021, 11:37:23 AM
 #125

Experience and knowledge really play an important role and you cannot start trading without them, because this is the basis for a good result
Hobo66
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September 10, 2021, 05:27:12 PM
 #126

In order to achieve your goals in trading, it is necessary to give full time to trading. If you don't pay any attention or does not give time to trading, then it will become difficult to get benefits from trading. To be successful in trading, it is most important to give attention and full concentration to trading.

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zaesvlas
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September 10, 2021, 06:04:40 PM
 #127

Alternatively, you can, of course, not pay enough attention. But it should be understood that in this case, the trading result may not be the most positive.
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September 10, 2021, 06:26:49 PM
 #128

I do agree with OP that you need necessary knowledge, skills and tools to do trading in profit. Those who jump with zero knowledge always end up in loss.
It is through knowledge and skills that anyone can contribute to society in any shape and form. The same principle also applies to trading. While trading might not be for everyone it is at least crucial to learn from early on. This learning curve should cover basics trading skills, planning for entry/exit and how to time it such that it works out for you.

Too often, people jump in not really understanding what to expect and just following the crowd which sometimes works but most of the times doesn't. So stick to your basics, trade, learn some more and find out if trading in the end is for you or not.

Obviously you can't do something without giving it the time and attention it deserves, and trading does take up on both.
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