trading needs consistent attention and full concentration

[harizen]

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.

It's ok. being carried away easily during the first phase of learning is part of the process.

They are newbies after all so what do you expect from them? Already enhanced and improved? What matters there is, they are learning and understand right away that trading isn't a kid's game.

Just let them do their own work. As long as they are serious and focus on doing trades, they will surely learn while in progress.

[lenovop-70]

Trading is not only about profit and loss, IMHO, it is like when we are read the book, you must finish it to understand what trully meaning of it, and make summary as same as your condition, as example, when we take mentoring class, doesnt mean the theory will be match with market condition and our own style, we need convert it before do what we get from mentoring class that we takes and start applying to the buy and sell activity.
Many of us fail with this situation, i am include, but i try more and more and at this time, i am learning from what ive been trough.

[lenovop-70]

Trading is not only about profit and loss, IMHO, it is like when we are read the book, you must finish it to understand what trully meaning of it, and make summary as same as your condition, as example, when we take mentoring class, doesnt mean the theory will be match with market condition and our own style, we need convert it before do what we get from mentoring class that we takes and start applying to the buy and sell activity.
Many of us fail with this situation, i am include, but i try more and more and at this time, i am learning from what ive been trough.

but at the end of the day it's still all about profit though, the main reason why people trading is because they want to profit from the market and every end of trading people always judge whether their trade is worth the time or not. other thing like mentoring class or trading tutorial is like a tutorial for you to make a way into making profit.

You are right mate, all of this is just how we take profit from our trade, but every people has style how to get it, like i said above, when you read market or coin direct accurately like you were reading a book and summarised, its be your style to trade and make profit.
I mean, everyone need to make customization from what they heard and see from tutorial and others.

[kapalmabur]

Trading is not only about profit and loss, IMHO, it is like when we are read the book, you must finish it to understand what trully meaning of it, and make summary as same as your condition, as example, when we take mentoring class, doesnt mean the theory will be match with market condition and our own style, we need convert it before do what we get from mentoring class that we takes and start applying to the buy and sell activity.
Many of us fail with this situation, i am include, but i try more and more and at this time, i am learning from what ive been trough.

but at the end of the day it's still all about profit though, the main reason why people trading is because they want to profit from the market and every end of trading people always judge whether their trade is worth the time or not. other thing like mentoring class or trading tutorial is like a tutorial for you to make a way into making profit.

You are right mate, all of this is just how we take profit from our trade, but every people has style how to get it, like i said above, when you read market or coin direct accurately like you were reading a book and summarised, its be your style to trade and make profit.
I mean, everyone need to make customization from what they heard and see from tutorial and others.

It's true that everyone has their own strategy to make a profit from their trading,
so we can't just imitate from other people because it's not necessarily in accordance with what we want,
what is clear is trading is not an easy thing so we need to keep learning

[killerman2]

As i can say discipline is very necessary in trading because whenever you are well disciplined it will be easy for you and another thing you are right trading needs full concentration too, sometimes we don't know about the coins and these coins will give us loss which is bad.

[btc-facebook]

considering the fact that trading is highly profitable and responds majorly to knowledge and skills, this means its needs full attention and concentration consistently.

In my opinion full concentration is not facts about trading, but understanding of risk management, knowledge of trading and also experience is a must have,
there is one way to do these three things, by understanding your own potential and determining the Time Frame to use.
when you have done that, full concentration is actually not needed, because trading is not about shooting animals in the forest, but about anticipating every market movement.

[freedomgo]

The more you are concentrated on trading, the more chances you'll be successful, that's the fact.

Some people started trading and later quit their job because they are already successful, and what they can make through their job in a month, they can make in trading in a day, that's how lucrative trading is for people who have the skills. Anyone could work hard just to be consistent as the reward is life-changing, but as for me, I'm not that good anymore yet, so I'll stick with the long-term trading.

[Karish2return]

As we should know about the facts that in trading there are loss as well as we are getting profit too, but in a sense you are right without concentration we will definitely be in a loss in can't do trading. The main thing is concentration with having much patience in trading. Then only it will give us profit and there will be more chance to get profit.

[perfect999]

The more you are concentrated on trading, the more chances you'll be successful, that's the fact.

Some people started trading and later quit their job because they are already successful, and what they can make through their job in a month, they can make in trading in a day, that's how lucrative trading is for people who have the skills. Anyone could work hard just to be consistent as the reward is life-changing, but as for me, I'm not that good anymore yet, so I'll stick with the long-term trading.

I do not think that you should quit your job just because you are making a lot of money on trading. I have a good chunk of money saved aside, not a lot but a good chunk, it could allow me to not work for 6 months, I lost it on a project I was working on and now I am back to living pay check to pay check, but I didn't just quit my job and kept on trading like I did, that is how I made that money, by trading and investing, lost it on a project but I could recoup that by working, investing, trading and get back there, it may take some time but I will get there.

You know what I will do when I get there? I will not stop working, I will keep on trading and making a good amount of profit, but I will not quit working, never did, never will. I could retire one day, but that doesn't mean that I will quit, I will just be a very old guy who is having hard time working so that will be understandable.

[Shenzou]

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.  

One of the big mistakes that i see new traders do is they immediately jump into trading high volatile low currencies and they end up not having the attention or the time to concentrate, where they should be going for much more reliable and flexible trades, like bitcoin or Ethereum where the price are constantly changing and you can make some good profit from it if you make the right decisions at the right time.

[ScamViruS]

Just as it is necessary to have knowledge about trading, it is also necessary to have a discipline. A trader cannot make a profit only if he has knowledge of the market unless he closes that trade at the right time. If the trader does not have discipline and the power to control himself, then that trader will not be able to stay in the market for long.

I have seen for myself that even though many trades were in my profit, I did not close them due to greed and later that trade had to close at a loss. So a good strategy with trading knowledge is very important for a trader so that he can retain profit.

[jossiel]

One of the big mistakes that i see new traders do is they immediately jump into trading high volatile low currencies and they end up not having the attention or the time to concentrate, where they should be going for much more reliable and flexible trades, like bitcoin or Ethereum where the price are constantly changing and you can make some good profit from it if you make the right decisions at the right time.

They see it from others that it's more rewarding.

That is the reason why they choose to trade those type of cryptocurrencies because they're mostly being hyped. They trade without the foundational knowledge that they need as a trader.

And when they experience how hard it is, they learn from it but with a pair of losses.

[Clavulanic]

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. 

Even if we're having too much concentration, that doesn't guarantee us good results in trading because many possibilities that losing bigger amount of money will tend to exist. We can be a good trader or make ourselves as an expert of it, but before you reach the top position many struggles will be faced in order to become worth it for those praises. My advice is don't drown yourself over trading all alone, balancing our activities is very important so don't risk on asset you can't afford to lose.

[Cherylstar86]

Just as it is necessary to have knowledge about trading, it is also necessary to have a discipline. A trader cannot make a profit only if he has knowledge of the market unless he closes that trade at the right time. If the trader does not have discipline and the power to control himself, then that trader will not be able to stay in the market for long.

I have seen for myself that even though many trades were in my profit, I did not close them due to greed and later that trade had to close at a loss. So a good strategy with trading knowledge is very important for a trader so that he can retain profit.

Indeed. Knowledge and discipline in trading is very important. Considering the fact that trading is highly profitable and responds majority to knowledge, skills and discipline, this means it needs full attention and concentration consistently. I have noticed some of the traders especially to those upcoming traders, that means they are newbies that carried away easily with little profit or loss especially when there is changes of price. Becoming a good trader is like your on the school, you do necessary things consistently without any distraction until you succeed. Once you started trading, it needs the guidance of an expert, so seeking mentorship from a companion is my best advice.

[Lanatsa]

One of the big mistakes that i see new traders do is they immediately jump into trading high volatile low currencies and they end up not having the attention or the time to concentrate, where they should be going for much more reliable and flexible trades, like bitcoin or Ethereum where the price are constantly changing and you can make some good profit from it if you make the right decisions at the right time.

They see it from others that it's more rewarding.

That is the reason why they choose to trade those type of cryptocurrencies because they're mostly being hyped. They trade without the foundational knowledge that they need as a trader.

And when they experience how hard it is, they learn from it but with a pair of losses.

When you do make yourself get caught on the hype then you would really be realizing those things that it wouldn't really be just easy as it looks when you are already on the actual situation.

Trading is never been easy even it do looks to simple but its not.Of course it would really be needing consistent attention and concentration because if you don't  put up a focus on it then expect

that lose chances is way more higher than on profiting ones and you should really  be mindful about this thing.

[Sayeds56]

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.  

True, It is stressfu job at the early stage but once you learn all tools of trading then you can handle it comforably. I am  an experienced trader and I do trading in stocks, Forex and Crypto and my learning about trading can be described in single line that , for traders all markets are same, some are more volatile like crypto and some are less like Forex but those more volatle give you more opportunities to make provided how good you are in indenfying opportunity and making  profit out of it. To develop this skill you have to be good in Technical Indicators as well as good  understanding of Risk/Money management.

[lalabotax]

Yes exactly.
Trading will really need consistent and also attention fully.
When trading, we may get less or lack sleep, stress, and also other negative bad impacts. However, why do many people including me still do trading? Because we know that trading also gives or earns sus much money if we can do it very well.
Trading is an activity, happiness when we get profits.
This will really make our life colorful and challenging enough. But of course, smart trading

[techearn17]

Trading is the only real way to make money but when you trade you need time and comfort if you are trading right. If your trade is 70 to 75% then you are a good trader. But these are very difficult tasks. Only 10% of people win in trading But it is also a fact that if you learn to trade then you do not need to work because there is a lot of money in trading.

[jossiel]

One of the big mistakes that i see new traders do is they immediately jump into trading high volatile low currencies and they end up not having the attention or the time to concentrate, where they should be going for much more reliable and flexible trades, like bitcoin or Ethereum where the price are constantly changing and you can make some good profit from it if you make the right decisions at the right time.

They see it from others that it's more rewarding.

That is the reason why they choose to trade those type of cryptocurrencies because they're mostly being hyped. They trade without the foundational knowledge that they need as a trader.

And when they experience how hard it is, they learn from it but with a pair of losses.

When you do make yourself get caught on the hype then you would really be realizing those things that it wouldn't really be just easy as it looks when you are already on the actual situation.

Trading is never been easy even it do looks to simple but its not.Of course it would really be needing consistent attention and concentration because if you don't  put up a focus on it then expect

that lose chances is way more higher than on profiting ones and you should really  be mindful about this thing.

I agree that it's never been easy.

Most of the people that sees the success of traders are only looking at the success but they barely see the struggles and bad experiences that they've made.

Which makes them stronger and better in this field.

[taufik123]

Trading is the only real way to make money but when you trade you need time and comfort if you are trading right. If your trade is 70 to 75% then you are a good trader. But these are very difficult tasks. Only 10% of people win in trading But it is also a fact that if you learn to trade then you do not need to work because there is a lot of money in trading.

only 10%? is that so? many professional traders have a lot of experience and the 10% figure is too little. maybe don't count it on a percentage basis, winning in trading will not continue to happen.
Knowing the basics of technical analysis in trading will give you a better winning percentage. that way you will understand how the market works.

Don't always think that being a trader will always be a lot of money. Look at the effort they put in before they got rich. Of course there will be a lot of capital needed as well as some losses that will never be forgotten. Trading is not as easy as turning the hand.