trading is good for traders with passive mindset

[borovichok]

I believe such trading practices are still happening. many who do it are new traders and those who join trading signal groups. so they don't have to hone all those skills. just waiting for the signal given in the group.
it's not recommended for that. but the reality today, many traders also follow signals that are not necessarily successful.

Trading with signals have really help most traders in the market because they make cool cash especially the busy ones that have other works running. It's only the idle traders that put all their time in trading and makes it an addiction. Trading with accurate signals, although not all sometimes yields profits but they reduce the level of loss and liquidation of trading accounts in the market. Every trader have their own strategy which they uses to earn profits in the market.

[1715351492]

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[Bhig Daddy]

The problem with trading in cryptocurrencies and stocks in general is that most people begin trading during a bull market. You are all aware of how open to trading bull markets are.

If the timing is off, well, you know how it ends. People get hooked, quit their jobs, take out more loans, and so on. Consider how many people expected to make $100,000, but the majority only made $60,000. The same is true for the meme stocks AMC and GME.

[Mr.right85]

Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset.

I always believed crypto currency trading does not care about your ''emotions'' so irregardless of what kind of individual ''we are'' it does not stop or prevent traders from accumulating losses or profits.

That's how the world works. Are you familiar with the phrase "Life goes on"? It's just what it is, things always gets done no matter your situation.
Most of all, in the world of business and investments. Your lose is someone else's gain and depending on the side you fall as to a business, you get to deal with it. Should you have profited, it would have been someone else's lose.

Trading remains a highly professionalised field and no one with an intent of just trying it for a time should venture. Your sure going to have a bad experience with the market as those trading that market with you are in for the real deal and that is, after every penny in the market. So when you start, be sure to go all the way to study and practice.

[kapalmabur]

It is evident that learning a lot about trading over time is necessary if you want to trade and make a profit in order to maximize your gains. Because you want to make money from trading, even though it may be a busy endeavor, it is well worth trying. Learning more about trading will help you develop analytical skills, help you decide which coins are worth trading, and other things. Trading education never ends unless you choose to stop.

Yes, I think so too.  The biggest thing for trading is to have a good mindset. Which coin you trade and when will depend entirely on you. The more time you spend on trading, the more experience you will gain. But we must always keep one thing in mind.  We can't trade with wrong decisions, it will sometimes cause us loss.

A good mindset certainly doesn't just form because it all takes a process and sometimes in this case someone wants something instant,
with the amount of time we spend on trading it will also affect our mindset,
that's why making a decision is not that easy and it takes a lot of consideration before deciding

[blockman]

The problem with trading in cryptocurrencies and stocks in general is that most people begin trading during a bull market. You are all aware of how open to trading bull markets are.

That's true and one thing for sure is that people only notice the market when it's in a bull market. But they don't want to invest when the market is so low and down just like this one.

If the timing is off, well, you know how it ends. People get hooked, quit their jobs, take out more loans, and so on. Consider how many people expected to make $100,000, but the majority only made $60,000. The same is true for the meme stocks AMC and GME.

Those were the mistakes that they've made. Because they're new and don't know the cycles of the market, they're very much invested through hype and they're overwhelmed with the market is showing to them.

[TheUltraElite]

A good mindset certainly doesn't just form because it all takes a process and sometimes in this case someone wants something instant,
with the amount of time we spend on trading it will also affect our mindset,
that's why making a decision is not that easy and it takes a lot of consideration before deciding

It mean experience allows people to make quick but correct decision but lack of the same leads to quick but rarely correct decisions. This comes with practice but that practice of trading will not come unless you put determination into it. Being one of those people who take to the market only when there is some rush happening and then stop when the dump starts is not going to cut the deal.

It can be done nicely by dummy trading in a serious manner, but I am sure newbies have heard of these advises but dont care much. The passive or aggressive mindset does not matter, but the diligent mindset works.

[Nuraiuii]

Trading is not easy and it is not for everyone. To trade and profit, you have to learn and adapt to things, be willing to learn, spend time and effort, learn more knowledge and strategies of trading to get as much profit as possible. It is also very important to control our emotions. A good mindset is likely to succeed in trading, don't panic easily, and those who want a quick profit may end up failing.

[martyns]

To trade on a trading platform, you must be very intelligent and skilled. Trading can never be done by guesswork. Those who trade by guesswork and do not trade by following trading signals always end up losing. Market conditions should always be followed. Those who can trade by analyzing each indicator can achieve the success of the trading platform. I always say trading with a passive mindset you need to have a lot of experience in this trading platform you will lose in all aspects of the trading platform.

Trading is made easy if one can undergo the proper or lay a strong foundation when opening trading position. Skilled traders tends to make losses, because no one is perfect in the market and been skilled only helps to reduce or maximize the losing rate. Also trading with passive mind helps one to achieved a target rather than been greedy and losing in trading positions. Having a lengthy experience also matters and it have really been a good aide to me, although I'm not yet an expert.

[monineklutak]

To trade on a trading platform, you must be very intelligent and skilled. Trading can never be done by guesswork. Those who trade by guesswork and do not trade by following trading signals always end up losing. Market conditions should always be followed. Those who can trade by analyzing each indicator can achieve the success of the trading platform. I always say trading with a passive mindset you need to have a lot of experience in this trading platform you will lose in all aspects of the trading platform.

Trading is made easy if one can undergo the proper or lay a strong foundation when opening trading position. Skilled traders tends to make losses, because no one is perfect in the market and been skilled only helps to reduce or maximize the losing rate. Also trading with passive mind helps one to achieved a target rather than been greedy and losing in trading positions. Having a lengthy experience also matters and it have really been a good aide to me, although I'm not yet an expert.

I don't think so because with these skilled traders of course it will help in trading,
basically profit or loss is part of trading and every trader has experienced that,
the more experience it will make us better

[sulendra12]

Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset.

You need to actually check the price often and doing some trading analysis to actually earn something in trading, you have to be active to achieve something from trading. But, I would say holding is a passive mindset where you can just wait for the price at the best price possible or within your goal and then just sell it. I think it's more appropriate to put it that way. Although "laggy mindset" is still no no in trading.

[Derrickiell]

Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset.

The volatile crypto market is unpredictable and most traders experience losing money. When trading, you need enough time to learn and adapt to things, control your emotions and maintain a good attitude, consider buying and selling after proper analysis to obtain as much profit as possible, and also bear the corresponding trading risks.

[Mauser]

To trade on a trading platform, you must be very intelligent and skilled. Trading can never be done by guesswork. Those who trade by guesswork and do not trade by following trading signals always end up losing. Market conditions should always be followed. Those who can trade by analyzing each indicator can achieve the success of the trading platform. I always say trading with a passive mindset you need to have a lot of experience in this trading platform you will lose in all aspects of the trading platform.

I agree with you, trading based on a hunch or your gut feeling is not a idea. You might make a few short term profits because you are lucky, longterm however this is not going to work. When it comes to trading and investing we need consistency to make a profit, without we are just going to lose most of our money eventually. Technical analysis is a great tool to help us make the right trading decisions. When I first started out with stock trading I attended some courses for trend analysis and which momentum indicators to use during which market phases. Even though the stuff is quite old by now it's still helpful and can be used for crypto currencies as well. Experience and skill are going to build up over time and we can only get better at it, if we are actually trading and taking risks.

[darewaller]

A good mindset certainly doesn't just form because it all takes a process and sometimes in this case someone wants something instant,
with the amount of time we spend on trading it will also affect our mindset,
that's why making a decision is not that easy and it takes a lot of consideration before deciding

It mean experience allows people to make quick but correct decision but lack of the same leads to quick but rarely correct decisions. This comes with practice but that practice of trading will not come unless you put determination into it. Being one of those people who take to the market only when there is some rush happening and then stop when the dump starts is not going to cut the deal.

It can be done nicely by dummy trading in a serious manner, but I am sure newbies have heard of these advises but dont care much. The passive or aggressive mindset does not matter, but the diligent mindset works.

That’s a very tough thing to master and it takes a long time but some people can definitely manage to do it. I am not saying that it would be easy, but it could be done without losing too much money if you could gain experience. Of course, after 10 years of trading you will be able to easily do it, it would be like second nature to you and not have any problems.

The issue is not how you can do it, because with experience you can, so there is no tactic to it, you just need to be a good or decent at least trader and learn trading but then you just need to keep on trading for many years. If you can do that then you could make a good amount of profit when you are a veteran.

[Sayeds56]

Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset.

No doubt passive mindset is important for traders, but it takes years of experience, adequate training of technical indicators/Money management skills and above all emotional control to be a professional and successful trader. In my opinion the first thing to learn is technical charts to identify signals to take entry and exit at the right time as well as secure your trade by using stop loss but still your 100% trades won't be successful, some of them will end up in loss when stop loss hits which you will have to accept to avoid any major trading loss. DYOR

[Mahanton]

Trading is good but only for big traders who must have big capital with diverse portfolio in which many coins will be adjusted. This formula can give good profit or income on regular basis. Apart from this trading profit you can make big investment to some biggest project in industry. For a good trading profit you must work hard.

Whether you do have small or big capital the most important thing you should consider is on how to sustain yourself with this unpredictable market.Even if you do have small capital
but still you could able to bare up with this unpredictable surrounding or market then sooner or later those small capital of yours would be compounded and would really becomes even
bigger and that what you should really be focusing into. I dont know about that passive mindset because if we do talk about literally then it is pertaining on not doing something
which we do know that it isnt really that a good idea or behavior to have as a trader but if this means on other essence then i do miss out the point. 

[Kiresiura]

I think it is more beneficial for traders to have a positive attitude and patience. Trading accurately is relatively difficult, and it takes a lot of time to learn and a broad knowledge of the industry. Only those who have the experience and knowledge of the market to trade for a long time, who can correctly manipulate the coin holdings during the market downturn, and also can determine when to enter and exit the market.

[Sayeds56]

Trading is good but only for big traders who must have big capital with diverse portfolio in which many coins will be adjusted. This formula can give good profit or income on regular basis. Apart from this trading profit you can make big investment to some biggest project in industry. For a good trading profit you must work hard.

Whether you do have small or big capital the most important thing you should consider is on how to sustain yourself with this unpredictable market.Even if you do have small capital
but still you could able to bare up with this unpredictable surrounding or market then sooner or later those small capital of yours would be compounded and would really becomes even
bigger and that what you should really be focusing into. I dont know about that passive mindset because if we do talk about literally then it is pertaining on not doing something
which we do know that it isnt really that a good idea or behavior to have as a trader but if this means on other essence then i do miss out the point.  

Yes! it is true that markets are hard to predict but it shouldn't be the reason to panic but it is important to learn to save your capital when market goes against the position you took.
If you are a long-term investor, then hold your position and wait until your trade turns up in profit but for short- or medium-term traders, they should use technical charts and keep booking small profit whenever opportunity arises to increase your capital and also use stop to prevent liquidation of your account if market goes crazy & extremely volatile the way it is going on nowadays.

[Josefjix]

I think it is more beneficial for traders to have a positive attitude and patience. Trading accurately is relatively difficult, and it takes a lot of time to learn and a broad knowledge of the industry. Only those who have the experience and knowledge of the market to trade for a long time, who can correctly manipulate the coin holdings during the market downturn, and also can determine when to enter and exit the market.

Trading with passive mindset all points out to highevel of profits with good signals. I know of people that have gain much more than their trading, 4x to 6x of their initial capital. It's practicable to use the right strategy to enter a trade, like the FA and TA will do enough help for traders. Encouraging oneself is not always easy at the beginning but with time, it becomes easy and very familiar to open trade at any moment of time as long as you're 88%  confident that the trade will retest back to bullish movement.

[AnonBitCoiner]

Its often quite important that if a person think more precisely about anything then he would be successful in that thing but if a person has no time to think or even act positively then its not an easy to get profit because success requires your time and your patience. Those who show quick and accurate response and give time will be the winner.

[Obari]

Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset.

I guess your points were gotten if I'm not mistaking things in my head.
One of the greatest hindrances of trading is the capital, while so many other traders have the luxury of capital,some other traders are seriously battling and struggling with capitals. Most of this traders that seem inconsistent are most times not doing this things deliberately because at the end everyone wants to make money either regularly or passively, we all just want to make money.
Despite the numerous challenges attributed with trading, one thing I've noticed is the fact that successful trading are actually backed up with some other reasons such as state of traders mind, environment and capital.