Zilon
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November 26, 2021, 08:51:20 PM |
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Lately trading have become a such of livelihood for some traders as some have turned to cryptocurrency trading to meet they daily needs and pay their bills, but have been wondering which is more profitable and less stressful since trading is base on quality decision. Should one trade passively or just trade once in a while for both emotional and physical well being.
Trading seasonal or passively depends on how much time you can devote to trading. To earn passively you just have to be a full-time position trader who holds on to trade for long and this has to be with substantial amount of coin but for seasonal trader it can be a side business where you trade seldomly taking advantage of good spikes then opting out sooner to avoid been trapped. Which ever way it depends on how much time you as a trader has to devote to trading
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Silberman
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November 26, 2021, 10:23:18 PM |
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Lately trading have become a such of livelihood for some traders as some have turned to cryptocurrency trading to meet they daily needs and pay their bills, but have been wondering which is more profitable and less stressful since trading is base on quality decision. Should one trade passively or just trade once in a while for both emotional and physical well being.
Trading isn't for everyone - and that's a fact. Whether somebody is able to deal with the market volatility and make a good, profitable living out of trading is up to the individual. There are plenty who do btw. At the same time, not everyone has the same abilities, and so there are others that take trading more lightly but that's fine too. I think this is all a personal choice and everyone uses the tools at their disposal how they see fit. Nothing wrong with that, and also nothing wrong with asking but it will be wrong to impose something on others. And it is important to notice this early on, there are people that have no business trading the markets but they do so and they do not realize until it is too late this is the case, and sometimes this has nothing to do with your ability to make money in the markets, there are people that can make profits by trading but they do not like the lifestyle that this entails, after all trading is a solitary activity in which you need to stare at your screen everyday for several hours, and this is not exactly a dream job for those that are extroverted by nature.
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Oceat
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November 26, 2021, 11:58:21 PM |
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Lately trading have become a such of livelihood for some traders as some have turned to cryptocurrency trading to meet they daily needs and pay their bills, but have been wondering which is more profitable and less stressful since trading is base on quality decision. Should one trade passively or just trade once in a while for both emotional and physical well being.
Trading seasonal or passively depends on how much time you can devote to trading. To earn passively you just have to be a full-time position trader who holds on to trade for long and this has to be with substantial amount of coin but for seasonal trader it can be a side business where you trade seldomly taking advantage of good spikes then opting out sooner to avoid been trapped. Which ever way it depends on how much time you as a trader has to devote to trading Too easy to say yet too hard to do once you are in the position. I don't believe in passive income if you are a trader since traders will suffer from losses too. There's no traders who aren't losing it's all part of the trading you lost or you win, depends on your strategy. Seasonal traders are just long term investors who casually sell during bull run and buying back during bear run. Better choose what strategy suit for your style if you can handle the struggle of short term investment then choose it or long term investment for someone who just wants to wait for the bull run cycle every halving of Bitcoin.
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3996
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topbitcoin
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November 27, 2021, 06:34:42 AM |
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Lately trading have become a such of livelihood for some traders as some have turned to cryptocurrency trading to meet they daily needs and pay their bills, but have been wondering which is more profitable and less stressful since trading is base on quality decision. Should one trade passively or just trade once in a while for both emotional and physical well being.
I don't know what it is called, but i am trade only when my friend share signal from some telegram group or his own analysis, but if i did it myself, usually i do spot trading. Never think about passive or anything else except when i am not in a good emotion,then i wouldn't trade because i will made it worse.
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gabbie2010
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November 27, 2021, 09:31:15 AM |
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Lately trading have become a such of livelihood for some traders as some have turned to cryptocurrency trading to meet they daily needs and pay their bills, but have been wondering which is more profitable and less stressful since trading is base on quality decision. Should one trade passively or just trade once in a while for both emotional and physical well being.
As a person who has tried to trade both forex and cryptocurrency, I can say that sometimes it is a very nervous activity, especially if you are a beginner. Therefore, it is probably best to trade sometimes so that you have time to rest. At one time I did this, I chose one or two trading pairs, which in my opinion are very volatile, and used them to make a profit, while I did not spend a lot of time and effort, and limited myself to a small but constant profit from trading, which gave me the opportunity to earn money and have time to relax. It was a bit difficult for me when I started forex, keeping constant updates with fundamental RED news via forexfactory was a big challenge for me, of course news always has an instant impact on prices in forex trading, I thereafter switched over to crypto trading where I initially traded many crypto/USD pairs using cross margin as a day trader, obviously it was very tasking monitoring as many pairs as possible, however I was having mixed results, presently Iam day trading with ETHUSDT pair only thus having enough time to analyze and monitor my trades using 6 hour and above time-frames.
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redsun114
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November 27, 2021, 06:11:20 PM |
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Lately trading have become a such of livelihood for some traders as some have turned to cryptocurrency trading to meet they daily needs and pay their bills, but have been wondering which is more profitable and less stressful since trading is base on quality decision. Should one trade passively or just trade once in a while for both emotional and physical well being.
It all comes down to who you really want to be. If you’re the type of person that doesn’t want to have any other job, and you want your main source of income to be through trading, then you should know that trading seasonally is not going to be enough to get you that kind of life that you’re seeking for. For you to be able to be someone that relies and makes their living through trading, then you will have to be trading everyday. But, this requires you having a really good skill in trading, because if you don’t have a really good skill, then it’s going to be a route to losing all you have. Then as for those that have other things that they are doing, you can decide to trade seasonally. Although I still think that there shouldn’t be anything like the right time, it you should just trade anytime that you feel that you should trade and that’s it.
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RealMalatesta
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November 28, 2021, 03:53:09 PM |
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i am trade only when my friend share signal from some telegram group or his own analysis, but if i did it myself, usually i do spot trading. Never think about passive or anything else except when i am not in a good emotion,then i wouldn't trade because i will made it worse.
Literally you are into passive way of trading because you are not actively trading. Seasonal trading is when you are not looking for right opportunity to trade; for example, waiting for stronger bullish trend which can be either long term or mid term based. When people are not having enough skills required for active trading, then it would be better to go for passive way of trading like only trading on the availability of signals or funds and according their mood swings. you want your main source of income to be through trading, then you should know that trading seasonally is not going to be enough to get you that kind of life that you’re seeking for.
Seasonal trading is also kind of passive way of trading but it is all about trading only at right time hence if you are looking for making a living out of trading then you should go for active trading still that does not need to be day trading.
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doremonchina
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November 28, 2021, 04:56:33 PM |
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In Investment Strategies and its assets Management program Wharton personnel educates about the qualities and shortcomings of latent and dynamic contributing. Numerous speculation counsels accept the best methodology is a mix of dynamic and latent styles. For instance Dan Johnson is an expense just counsel in Ohio His customers will more often than not have any desire to stay away from the wild swings in stock costs and they appear to be undeniably appropriate for list reserves.
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Cling18
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November 28, 2021, 05:38:45 PM |
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It all depends on one's goal because there are traders who prefer thrill and experience and there are also traders who are only into profit-taking. As for me, as long as we got the skills, we could do passive and seasonal trading depending on the period that we would want to take a good profit. I think the important thing is we're reaching the target goal that we want.
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TheUltraElite
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November 29, 2021, 06:24:51 AM |
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I am more of a supporter of regular trading. This option allows me to feel more confident in the results of my work.
If it works for you then it is good for you. It might not work for everyone, both day-trading (assuming you mean the same by regular trading) and long term hodling have its pros and cons. I don't know what it is called, but i am trade only when my friend share signal from some telegram group or his own analysis, but if i did it myself, usually i do spot trading. Well I hope you know what you are doing, because signal groups are often known to be coordinating pump and dump schemes. If you know your friend and trust them, go with it. But I prefer to do my own analysis before jumping in to place an order. So that in case I end up with a loss, I know whom to blame and I dont like blaming others for my losses. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) In either case, I feel covering the exchange fees and minimums, I would buy/sell at long ranges and not for short term, keeping the base capital intact.
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stadus
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November 29, 2021, 08:15:20 PM |
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If you want to pay your bills then you have to earn income regularly, so choosing both is important. Day trading for me is the most difficult but the most profitable as well, as long as you have the knowledge and you develop your skills, then this is the best for you as it won't limit your earning as long as you have consistency.
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TimeTeller
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November 29, 2021, 08:19:43 PM |
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If you want to pay your bills then you have to earn income regularly, so choosing both is important. Day trading for me is the most difficult but the most profitable as well, as long as you have the knowledge and you develop your skills, then this is the best for you as it won't limit your earning as long as you have consistency.
This is right, it depends on your goals why you are into trading. If you are relying on trading to pay your monthly bills or for your necessary expenses, then, you really have to work on it and you will choose the passive trading. Being a seasonal trading will not ensure that you can gain profits that can augment your needs. But if you are just into trading to get some profits and you have other jobs to rely on, then no pressure in trading. So when you decide to make trading your full time job, you have to be ready mentally, emotionally and financially.
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sulendra12
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November 29, 2021, 09:27:52 PM |
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Should one trade passively or just trade once in a while for both emotional and physical well being.
It just depends on how people live, if they have work to do and don't have time to spare for trading then doing it passively would be a great idea for those people. And then if you are still young and still have time to spare you may want to do trading time by time as long as you can afford it, because making money when you are still young will be beneficial for future. Of course you have to be mentally stable and not to be stressed to much when doing trading because it could affect your overall result later in trading.
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nelson4lov
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November 29, 2021, 09:49:41 PM |
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If you want to pay your bills then you have to earn income regularly, so choosing both is important. Day trading for me is the most difficult but the most profitable as well, as long as you have the knowledge and you develop your skills, then this is the best for you as it won't limit your earning as long as you have consistency.
It depends on what one needs as a trader. That would help to determine which trading path one should follow. To make regular income from trading, it means the frequency of trades needs to be high - to justify the search for profits. For someone who just wants to keep trades open for a while without necessarily needing regular profits, seasonal trading (otherwise known as swing trading is the way to go).
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Silberman
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November 29, 2021, 09:52:19 PM |
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It all depends on one's goal because there are traders who prefer thrill and experience and there are also traders who are only into profit-taking. As for me, as long as we got the skills, we could do passive and seasonal trading depending on the period that we would want to take a good profit. I think the important thing is we're reaching the target goal that we want.
While I know that both type of traders that you are describing exist, in my opinion there is no place in the markets to be a thrill seeker, if someone is looking for something like that there are many activities where they could get all the fun and entertainment that they may like, when it comes to the markets everything should be about getting the results you want from your trades, because the moment that is not the goal anymore then it is obvious your profits will go down as now you are trading with a disadvantage compared to other traders that are laser focused on obtaining profits for themselves and their clients.
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livingfree
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November 29, 2021, 10:55:15 PM |
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Of course you have to be mentally stable and not to be stressed to much when doing trading because it could affect your overall result later in trading.
It's needed to be stable mentally because it's your emotion that might put you in the wrong or right trades. I'm stumbling upon being a seasonal trader as I'm looking for a lot of cryptos that I want to invest in. Despite having the budget, there's something that stops or delays me from doing it. It's good I think to be both, passive and seasonal. You have passive investments while actively trading.
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irsykes
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November 29, 2021, 11:10:53 PM |
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Lately trading have become a such of livelihood for some traders as some have turned to cryptocurrency trading to meet they daily needs and pay their bills, but have been wondering which is more profitable and less stressful since trading is base on quality decision. Should one trade passively or just trade once in a while for both emotional and physical well being.
If can do both means it is good, because what we aim in trading is a good chance, good moment and we wouldn't want to missed that. About emotional and physical condition, maybe we can fix it after put the order so we can minimize risk that might be coming after we made that order. But at least we're not missed any chance to gain profit.
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pgbit
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December 01, 2021, 03:05:24 PM |
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It mostly depends upon the trader own behavior that how he could behave in the hard situations, and how well he is going to perform in the trader platform and the coins he bought for himself to get profit, seasonal trading requires more time as compared to passive one, so he should always be careful about what he have to do.
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LUCKMCFLY
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December 04, 2021, 06:06:18 PM |
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It all depends on one's goal because there are traders who prefer thrill and experience and there are also traders who are only into profit-taking. As for me, as long as we got the skills, we could do passive and seasonal trading depending on the period that we would want to take a good profit. I think the important thing is we're reaching the target goal that we want.
I think the same, passive prayers go more with what I am looking for in trading, as you say about looking for adrenaline, fun in trading I really don't see it that way, because to find that kind of emotions I would have to start trading at short-term or what they call scalping, in my case scalping requires a lot of technical analysis and precision when doing it, I think that I am not prepared to take that type of risk and that type of trading, the truth is that I prefer passive operations.
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SmokerFace
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 04, 2021, 11:41:35 PM |
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Lately trading have become a such of livelihood for some traders as some have turned to cryptocurrency trading to meet they daily needs and pay their bills, but have been wondering which is more profitable and less stressful since trading is base on quality decision. Should one trade passively or just trade once in a while for both emotional and physical well being.
Well, it's totally up to you to trade passively or just trade once in a while for your all well beings. If you are good at trading, having sufficient knowledge of the ups and downs of the market you can trade passively. What we have observed is that people are interested in making more and more money so they just want to spend almost all day trading. But I think you must give some time to your own self as well. You are earning for your ownself. So your health is also important.
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