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Author Topic: Does a trader needs to be a full time trader to be successful?  (Read 1016 times)
geegaw
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November 07, 2021, 02:16:42 PM
 #181

I don't think it's necessary to have full time for a trader to be successful. it all depends on the type of trading each. many traders analyze and then place pending orders and targets, and after that they can do other activities besides trading, and for some time check on their cellphones about the orders they have placed. usually they don't forget to put a stop loss as a safety
Exactly, there are a lot of traders whose forte is not intraday goals, in their respects, trading is not their initial presumption, it's just business that comes to them in the most unexpected way and they handle it in the most natural way, a secondary skill that can earn money besides the skill of the main job. But coincidentally apathy as a secondary skill makes them very successful in trading while people make trading as a primary and full-time skill, sometimes their brains seem to calculate many times more than the average person, such consumption causes them to suffer a lot of mental illnesses and is often excessively exhausted, quite a lot of people are not successful

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November 07, 2021, 07:30:52 PM
 #182

No, person doesn't need to be full-time trader when it comes to cryptocurrencies. Actually, it can even have a negative effect on your capital. When you constantly trade, you are under serious pressure all the time and in these cases you make more mistakes unless you are 24/7 on tranquilizers.

I am into cryptocurrencies from 2015 and from my experience I can say that the less frequently you check prices, the better. When price reachs high levels and lowest points, you'll see tons of news online. That is another indicator that it's a good time to invest or open short position on futures.

Check my thread -  It's the easiest to trade when you aren't trading

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November 07, 2021, 09:14:23 PM
 #183

In my opinion in order to be successful in trading you must approach trading as a full time. As a trader, you are essentially a small business owner and you must research and strategize to maximize your business's potential.
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November 07, 2021, 09:42:24 PM
 #184

In my opinion in order to be successful in trading you must approach trading as a full time. As a trader, you are essentially a small business owner and you must research and strategize to maximize your business's potential.
I don't think that it has to be like that.

You can trade even you're not full time on it. You can be successful with trading despite not fully committing your time on it but it's not your main source if that's what it is.

Traders that source it as their main income has to be good at their most trades.

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November 09, 2021, 08:44:17 AM
 #185

It is not a full-time trader who will succeed in trading.
Trading strategies are very important for trading. It is necessary to continuously analyze the market and observe market changes, and formulate suitable strategies based on multiple trading experiences to reduce trading losses and ensure trading profits as much as possible.
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