trading needs consistent attention and full concentration

[jaberwock]

considering the fact that trading is highly profitable and responds majorly to knowledge and skills, this means its needs full attention and concentration consistently. i have  noticed alot of new and upcoming trader gets carried away easily with little profits or loss. this makes many to quit or feel complascent. becoming a good trader is like going to a school, you do all necessary things consistently without any distraction untill you succeed. this is one of the things that i feel is needed to incorporate into trading learning process and lifestyle. 

Trading is not what everyone can do, because there are many people who cannot cope with the stress of having to read a lot every day and doing research to be able to trade. But all you need is passion, as long as you have that love for what you’re doing you’re not going to be seeing it as a stress any more, instead you’re going to enjoy doing what you’re doing, even though it’s not easy.

The reason a lot of people quit is because, first of all they want to make quick money, and secondly, they want to make it easily, and when they come into trading and see how hard it is, they all run off. But those who stay and develop passion for it and start working hard on it are the ones who are successful.

[1714771971]

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[rhodelmabanal]

considering the fact that trading is highly profitable and responds majorly to knowledge and skills, this means its needs full attention and concentration consistently. i have  noticed alot of new and upcoming trader gets carried away easily with little profits or loss. this makes many to quit or feel complascent. becoming a good trader is like going to a school, you do all necessary things consistently without any distraction untill you succeed. this is one of the things that i feel is needed to incorporate into trading learning process and lifestyle. 

I agree on that trading needs a full concentration, if we are going to do trading without concentration we can be end up as loser so we need to concentrate and fucos on it. Some people lose because they always do trade as a part time job and they don't give their full attention on it.

[carrigan]

consistency and patience is one of the basic things before entering the crypto world. You have to really understand the basics of crypto. As you said that we are like a school if the basics haven't been mastered how can you move up to a higher level, you really have to be consistent to learn and dig deeper into the material, not just the skin. Especially in terms of concentration, this is also the main point that you need to underline so that what you are aiming for is really clear.

[conected]

considering the fact that trading is highly profitable and responds majorly to knowledge and skills, this means its needs full attention and concentration consistently. i have  noticed alot of new and upcoming trader gets carried away easily with little profits or loss. this makes many to quit or feel complascent. becoming a good trader is like going to a school, you do all necessary things consistently without any distraction untill you succeed. this is one of the things that i feel is needed to incorporate into trading learning process and lifestyle. 

I agree on that trading needs a full concentration, if we are going to do trading without concentration we can be end up as loser so we need to concentrate and fucos on it. Some people lose because they always do trade as a part time job and they don't give their full attention on it.

- You should immediately abandon such traditional and outdated thinking, although this market can be described as a battleground but the actual pressure is not quite the same, intense concentration at all times is not necessary when you just have reduced your sanity and health. Many people still succeed in part-time trading as long as they pay attention to the important moments, proactively reducing the pace and adjusting the reasonable rest periods, forcing ourselves to improve the state of the body is not sustainable for long.

[zanezane]

That's why you need to have a very big amount of free time or you consider it as your day job because you're going to spend a lot of time waiting for the right moments in the market. Although, it becomes different eventually because when you become more experienced and efficient with trading, you are going to need less time spent when you are trading.

[palle11]

In general, yes, but it all depends on your style and which candlesticks you are trading.
In fact, a trading bot can do your job very well, freeing up a huge amount of time and effort for you. But in general, trading is a 24v7 job, a real job.

Trading bot even is not a guarantee to a successful trade. If it were to be so, every trader would have made it on every trade made. Bots are not easy to chop out profit as easy that way.

That's why you need to have a very big amount of free time or you consider it as your day job because you're going to spend a lot of time waiting for the right moments in the market. Although, it becomes different eventually because when you become more experienced and efficient with trading, you are going to need less time spent when you are trading.

Yes it can be taken as a day job because if given enough time to develop on it, it is very lucrative than many salary jobs and you still have your time to fix other things. As usual anything you invest your time on is likely you do a good understanding of it.

[Golftech]

That's why you need to have a very big amount of free time or you consider it as your day job because you're going to spend a lot of time waiting for the right moments in the market. Although, it becomes different eventually because when you become more experienced and efficient with trading, you are going to need less time spent when you are trading.

At first, yes you need lots of time dealing with your research it's very important that you spare time to look for good

asset to work with, every single data that you can gather to all media channels that the team have is very important

piece of information, but eventually, those hard work and time spend will bring you knowledge that you can use to have

a much better chance with your trading business.

[NeverSop]

As a trader, you have to mark your time to be productive, look for breaking news, follow imo, fomo or chart analysis but really have to be very focused.  If you have family, children... it is definitely a big deal for traders. I have a family and small children so I wouldn't trade it for being a trader.

[feelideb]

I agrre that trading require a lots of attention and consentration and without this two important character, you may not succeed as a trader! It takes a lots of energy to stay focus and pay attention all the time! It is important to allocate a certain amount of time where you can pay attention and concentrate till that time is spent. You can repeat this over and over again so you don't get burnt and become sick!

[DibiaVxosis]

Your right trading needs consistency and attention, without being focused we might end up having a loosing trade so often and this is what makes many new traders quit trading so quickly. If a trader pays the sacrifice of giving out time and attention to trading and acquire the required knowledge about trading, practice, make mistakes and learn from the mistakes with time such trader will be a professional and a successful trader.

[milewilda]

1. Focus
2. Set Goals
3. Open on new ideas
4. Continue to read up others experience
5. Dont trade with emotion
6. Patience
7. Proper handling of funds
8. Dont believe on Fuds and shills

You would really be needing these things but majority of them would be gained through experience
and you would discover it for yourself.

[sherenikaw]

What is said is true so that we do not rush or panic in trading with this ups and downs crypto market. Trading requires patience to wait for the right time to sell or buy crypto at the right price. If you rush to make decisions in trading, you will get the losses because you cannot think clearly. It's not easy being a good trader and it also takes time and experience to become a good trader, that's why many novice traders give up because they want quick and easy results. So all of that does require patience, thoroughness and also caution to be able to trade well.

[BlackFor3st]

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.

[celot]

considering the fact that trading is highly profitable and responds majorly to knowledge and skills, this means its needs full attention and concentration consistently. i have  noticed alot of new and upcoming trader gets carried away easily with little profits or loss. this makes many to quit or feel complascent. becoming a good trader is like going to a school, you do all necessary things consistently without any distraction untill you succeed. this is one of the things that i feel is needed to incorporate into trading learning process and lifestyle. 

It is not easy being a trader. Not what they imagine when they see a trader who is already successful . Though all have the same process. Even a successful trader is always willing to learn, whether it's learning from his own experience or the experience of others. So focus on deepening knowledge, from here even a small capital if we have knowledge will develop into a big one.

[ninabobo]

right, a trader is like going to school, where we must always learn with the market and not be complacent. because the market can easily stalk our psychology when we feel great. therefore staying alert, sticking to the rules, and always being calm are the characteristics of a good trader, they will remain calm even though profit / loss befalls them

Trading truly is like a school, the most focused and attentive student are the one's who comes out with flying colors, but these days everyone wants to trade without the required knowledge, trading based on luck which makes it looks like gambling, entering at any point and hoping for price increase and this what makes newbies loose in trade and quit saying trading is bad whereas it's someone else profession.

[freedomgo]

right, a trader is like going to school, where we must always learn with the market and not be complacent. because the market can easily stalk our psychology when we feel great. therefore staying alert, sticking to the rules, and always being calm are the characteristics of a good trader, they will remain calm even though profit / loss befalls them

Trading truly is like a school, the most focused and attentive student are the one's who comes out with flying colors, but these days everyone wants to trade without the required knowledge, trading based on luck which makes it looks like gambling, entering at any point and hoping for price increase and this what makes newbies loose in trade and quit saying trading is bad whereas it's someone else profession.

Trading is not so complicated IMO, what's more important here is your ability to control your emotion and always stick to the game plan. The trend is very easy to predict, that's why it's always advisable to buy at dip and sell at the peak, some newbies failed to follow it, instead, they do the opposite.

[Xampeuu]

right, a trader is like going to school, where we must always learn with the market and not be complacent. because the market can easily stalk our psychology when we feel great. therefore staying alert, sticking to the rules, and always being calm are the characteristics of a good trader, they will remain calm even though profit / loss befalls them

Trading truly is like a school, the most focused and attentive student are the one's who comes out with flying colors, but these days everyone wants to trade without the required knowledge, trading based on luck which makes it looks like gambling, entering at any point and hoping for price increase and this what makes newbies loose in trade and quit saying trading is bad whereas it's someone else profession.

Trading is not so complicated IMO, what's more important here is your ability to control your emotion and always stick to the game plan. The trend is very easy to predict, that's why it's always advisable to buy at dip and sell at the peak, some newbies failed to follow it, instead, they do the opposite.

right, the main factor determining the success of a trader is psychological. but many people are actually busy looking for the best trading strategy, with cool analysis images, but many have not been able to obey it, so they end up panic selling

[ChrisPop]

I think you can be a consistently profitable trader even if you are a part-time trader. No need to stay glued all-day to the screen if you're trading a high timeframe like a daily or weekly. And yes, it does need a lot of focus and concentration, but once you get it, it kind of becomes an automated process requiring less cognitive effort as the mind gets used to it.

[Yamifoud]

I think you can be a consistently profitable trader even if you are a part-time trader. No need to stay glued all-day to the screen if you're trading a high timeframe like a daily or weekly. And yes, it does need a lot of focus and concentration, but once you get it, it kind of becomes an automated process requiring less cognitive effort as the mind gets used to it.

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.

[molsewid]

Trading truly is like a school, the most focused and attentive student are the one's who comes out with flying colors, but these days everyone wants to trade without the required knowledge, trading based on luck which makes it looks like gambling, entering at any point and hoping for price increase and this what makes newbies loose in trade and quit saying trading is bad whereas it's someone else profession.

Trading is a constant and consistent learning, it takes a lot of years of educating yourself about trading and if a person choose to commit himself/herself it would not be easy for him to get a correct or proper techniques how to trade but at least the fact that learning for him is not boring. We do look trading as a good chance to earn a great profit and it is definitely true however only those who knows how to trade well, well-educated how to trade are the one who succeeded. Trading is not easy but if you really wanted to learn about this platform you will going to enjoy the benefit of your decision.