Trading is fun :P

[puloweh555]

At first I also felt that trading was fun, but if i can say, it was an activity that had no fun side at all, apart from stress and was quite emotionally draining, especially when the market reversed direction and did not match what you analyzed, it was like you want to just slam your monitor.
If someone is looking for something fun, then trading isn't the right choice. While high profits can bring happiness, that doesn't make trading a fun activity, on the contrary, it can be miserable if they suffer significant losses.

Trading carries high risks and of course high risks aren't fun. Trading won't be enjoyable for those who don't fully understand it but if you fully understand it, it can be enjoyable. So whether trading can be enjoyable or not depends on the individual.

It can be enjoyable if you trade correctly master discipline risk management and learn from mistakes. While you're right about the risks if you can manage them well by consistently practicing analytical skills, practicing patience and learning to remain calm when making decisions it can be very enjoyable.

[Achalugo BTC]

Trading carries high risks and of course high risks aren't fun. Trading won't be enjoyable for those who don't fully understand it but if you fully understand it, it can be enjoyable. So whether trading can be enjoyable or not depends on the individual.

It can be enjoyable if you trade correctly master discipline risk management and learn from mistakes. While you're right about the risks if you can manage them well by consistently practicing analytical skills, practicing patience and learning to remain calm when making decisions it can be very enjoyable.

Exactly, if one is able to master all what it takes to be successful in crypto either by trading or by investing, which will make things to be easier for them, even though crypto is not that predictable.
Because knowing what to do at the right, will make you to be able to manage risks, practicing patience as you have stated before.
Which is very essential for one to do and in crypto, consistent accumulation is good because it will make you to have more experience about crypto more than before and having be aware of crypto will help you in making an informed decisions, which will help to guide you through out your journey in crypto and can make you to enjoy it despite how fluctuating it is.

[Mpamaegbu]

5)You can focus not to the profit but to the dedication - not to the money you have earned but to the days you have dedicated to the cryptocurrencies.

Honestly, if a lot of us will take off our minds from the intended profit and concentrate on the process of achieving it, it will be a lot easier to get to an enviable level in this game. Of course, no doubt, we know that money is the goal for coming into cryptos but we shouldn't allow it make us skip learning and grinding as that's what gives us an edge on others. Success without knowledge or skills will crumble.

But it is POSSIBLE  because as Jean Paul Sartre has said...

Your mention of Jean Paul Sartre, the French philosopher and literary writer, brought back memories. Wow!

[Webutxo]

Trading carries high risks and of course high risks aren't fun. Trading won't be enjoyable for those who don't fully understand it but if you fully understand it, it can be enjoyable. So whether trading can be enjoyable or not depends on the individual.

It can be enjoyable if you trade correctly master discipline risk management and learn from mistakes. While you're right about the risks if you can manage them well by consistently practicing analytical skills, practicing patience and learning to remain calm when making decisions it can be very enjoyable.

I'm not sure where OP got his fun but I have had some trade whole ago and I don't know how I had running stomach because of tension when I long a trade and Bitcoin was dumping. The real fun in trading is when you are making money, if you are making loss from trading the fun will disappear. That's when the reality of trading will comes in and you will be frustrated especially if you don't know how to be calm when making trades, you will even regret going for the trade.

If you are going to trade, make sure you are doing it for business. Don't joke with your capital and think you  can have fun trading unless if you don't value your capital then you can do what you like with trading but like I said, caution your trading and not fun alone.

[sana54210]

I'm not sure where OP got his fun but I have had some trade whole ago and I don't know how I had running stomach because of tension when I long a trade and Bitcoin was dumping. The real fun in trading is when you are making money, if you are making loss from trading the fun will disappear. That's when the reality of trading will comes in and you will be frustrated especially if you don't know how to be calm when making trades, you will even regret going for the trade.

If you are going to trade, make sure you are doing it for business. Don't joke with your capital and think you  can have fun trading unless if you don't value your capital then you can do what you like with trading but like I said, caution your trading and not fun alone.

This also does not mean that you should be serious all the time. If you are always serious than you will always have thoughts going on in your mind which is not really good for trading. Your mind should be free, and you should be ready to accept the consequences. Not always you are going to make profits. There will be sometimes when you will definitely end up in loss but in those times, you should not really panic or fear. You should keep a open mind and accept the reality. Only than you can actually make profits in trading.

OP considers trading as fun which will make him have an open mind and this can really be helpful. Maybe because of that he did not end up in any major loss as of now and still considers trading to be fun. In this case, you should learn from OP.

[wiss19]

I agree. Trading is really fun but only until we make profits. Trading can soon turn out to be a nightmare if we start a losing streak or blow the entire account. We should enjoy trading and should not think of it as a quick money-making opportunity. Trading can only give us profits if we have an open mind and are ready to spend some time in analysing markets. For me, trading has always been fun because I love spending time in front of the charts but yet sometimes trading makes me anxious if I see loss on my statement.

Trading is a serious business, but it can also be fun if we know how to enjoy the moments and keep our emotions far away. If we consider trading as a fun activity than not only, we will spend some quality time trading but might also be able to book some profits.

[vanesha]

My way of making trading enjoyable is all about emotional control. I learn to control my emotions through trading, and it becomes enjoyable because every time I succeed, it usually turns into a big profit, and I almost never suffer losses. That’s because the most important aspect of trading is emotional control in every decision, patience in every research process, and precision in every analysis. That is how a trader works. Traders are cool, capable, enjoyable, and the best part is that they can work without expending much physical energy.

[Mandoy]

My way of making trading enjoyable is all about emotional control. I learn to control my emotions through trading, and it becomes enjoyable because every time I succeed, it usually turns into a big profit, and I almost never suffer losses. That’s because the most important aspect of trading is emotional control in every decision, patience in every research process, and precision in every analysis. That is how a trader works. Traders are cool, capable, enjoyable, and the best part is that they can work without expending much physical energy.

I support the idea that everything depends on how well one can manage their emotions in order to have a good trading experience, but one should not be too optimistic. The finest traders will have to take a loss and being content with it is one of the things to be a disciplined trader. It is also enjoyable when one can make their decisions on patience, studying and with a clear analysis making the trading fun and not exciting or fearful. Emotional management will provide the shield of capital and ensure that the mind is clear during a win or loss. It might not involve physical work, but it will take tremendous focus of the mind and self control day in day out.

[cxtreenal]

At first I also felt that trading was fun, but if i can say, it was an activity that had no fun side at all, apart from stress and was quite emotionally draining, especially when the market reversed direction and did not match what you analyzed, it was like you want to just slam your monitor.
If someone is looking for something fun, then trading isn't the right choice. While high profits can bring happiness, that doesn't make trading a fun activity, on the contrary, it can be miserable if they suffer significant losses.

Trading carries high risks and of course high risks aren't fun. Trading won't be enjoyable for those who don't fully understand it but if you fully understand it, it can be enjoyable. So whether trading can be enjoyable or not depends on the individual.

It can be enjoyable if you trade correctly master discipline risk management and learn from mistakes. While you're right about the risks if you can manage them well by consistently practicing analytical skills, practicing patience and learning to remain calm when making decisions it can be very enjoyable.

I agree with the advice you have given regarding the discipline of risk management in trading. A trader should be most mindful of the risk to his funds. Trading is enjoyable for those who are experienced and skilled in market analysis. You cannot gain experience unless you are actually active on the trading platform. You can get the basic idea of ​​trading by reading books but you need to be involved in it to gain full knowledge.

Trading will be fun with experience. Being familiar with the world economy and having the skills to analysis the market and predict future prices increases the profits for traders and makes trading fun for them.

[Scarlett_23]

I feel that trading is fun (just like sex) - the process itself has to be enjoyable and if it is not fun, it is not worth wasting your time.

Why?
1)As Warren Buffet has said "Risk is not knowing what you are doing". Trading is not so terribly risky as often hinted - you can manage your risk level and make it to your favourite one.
2)You can sell your attention (for example in  Fair Millions - Bitcoin Lotteries ) and get your cryptocurrencies starting capital for free Attention economy - Wikipedia For me, selling my attention is the win/win game because I would willingly give my attention to such a great thing as the crypto market.
3)Making 100 x and even more overnight is possible, only its probability is small - it is bigger in volatile times. But if your starting capital is get for free this small probability is not a problem for you.
4)You can make The Black Swan to your friend, not to fight against it or ignore or strongly underestimate it (as most people do).
5)You can focus not to the profit but to the dedication - not to the money you have earned but to the days you have dedicated to the cryptocurrencies. This is NOT EASY because there are thousand things that try to keep your attention every day and almost no living person understands what you are doing. Everyone knows that cryptocurrencies are scam (ok, Bitcoin is not a scam anymore but all others are) and I can not say that it does not bother me though I understand the causes of this mindset. But it is POSSIBLE  because as Jean Paul Sartre has said " Unlike inanimate objects whose essence or purpose/nature is determined beforehand, human beings first exist and then define their essence through their actions and choices". Everyone is solely responsible for creating his own meaning and "rules of life", his measure of success. You are your own God and this is not a problem that others do not recognize that; your own recognition is fully enough for you to make your life meaningful and full of fun. Being your own God is the most important task of every trader (and human).

Trading (and life) is not a problem, but fun. The key wordː   "Terence McKenna".

I don't know who takes trading as fun, but where it comes to earning a living, that is, traders consider trading as a business. There is a possibility of profit as well as a huge risk of loss. We take gambling as fun or pleasure, but no one will ever accept trading as pleasure. Because if we talk about a responsible gambler, then the gambling budget is determined by a very small amount of his monthly income.

On the other hand, people trade with a huge amount of money or sometimes trade with everything they have. So people can never take trading as fun. However, not only in trading, when people start making profits, they feel good and people enjoy doing business a lot. Similarly, trading is also sometimes a pleasure for people when they make profits, but when their money is at risk, that person feels great mental pain.

[Mpamaegbu]

There is a possibility of profit as well as a huge risk of loss. We take gambling as fun or pleasure, but no one will ever accept trading as pleasure. Because if we talk about a responsible gambler, then the gambling budget is determined by a very small amount of his monthly income.

You didn't respond objectively, addressing both gambling and trading. You did that with a favourable bias for gambling. If both of them involve money, then why should gambling be seen as fun while trading shouldn't? I know you're entitled to your opinion but then we should also balance everything we say here for the sakes of those reading us who may not have a basic understanding of what is discussed. For me, whether gambling or trading, none is for fun. Money is involved and they're both risky.

[tvplus006]

... why should gambling be seen as fun while trading shouldn't?...

This is obviously due to the fact that gambling was originally created for entertainment and only a few people regard it as an opportunity to make money. The money that is lost in gambling should be considered as a payment for entertainment. While those trading has always been considered only as an opportunity to make money, which is associated with high risk and for this reason is not considered as entertainment.

[justdimin]

I support the idea that everything depends on how well one can manage their emotions in order to have a good trading experience, but one should not be too optimistic. The finest traders will have to take a loss and being content with it is one of the things to be a disciplined trader. It is also enjoyable when one can make their decisions on patience, studying and with a clear analysis making the trading fun and not exciting or fearful. Emotional management will provide the shield of capital and ensure that the mind is clear during a win or loss. It might not involve physical work, but it will take tremendous focus of the mind and self control day in day out.

Yeah, that is a very global common knowledge. If you can't control your emotions while trading then you are going to have a lot of trouble, many people did, and if you can control it then you are going to be fine. Most of the time, we end up seeing things be a bit different and because of that I think it's clear that we are going to do fine, because we control our emotions.

So, for controlling emotions, we may treat total trading as a fun activity. I could get that point but if you cannot make profits, how you can find fun from it. I mean, for trading to be fun, you must need lost of experience and skills so you will make profit and you will enjoy. If not, even you accept that trading is fun filled, it will not remain same forever.

[Shishir99]

Trading what? Crypto? Or something else? There are various forms of trading, but we will focus on crypto trading here. This is not fun, mate, it's serious. Don't tell us to trade for entertainment purposes just like how the casino owners tell us that we should gamble for fun, and it is entertainment. Yeah, gambling is entertainment, but not for everyone. It's entertainment for rich people. The reality is different. Most people gamble for money.

When it comes to trading, it is not enjoyable. People do not trade for fun, nor for entertainment purpose. People trade to make some money and make living. Don't tell us trading is fun and we should take it as a fun. LOL.

[Gost ms]

Trading carries high risks and of course high risks aren't fun. Trading won't be enjoyable for those who don't fully understand it but if you fully understand it, it can be enjoyable. So whether trading can be enjoyable or not depends on the individual.

It can be enjoyable if you trade correctly master discipline risk management and learn from mistakes. While you're right about the risks if you can manage them well by consistently practicing analytical skills, practicing patience and learning to remain calm when making decisions it can be very enjoyable.

Exactly, if one is able to master all what it takes to be successful in crypto either by trading or by investing, which will make things to be easier for them, even though crypto is not that predictable.
Because knowing what to do at the right, will make you to be able to manage risks, practicing patience as you have stated before.
Which is very essential for one to do and in crypto, consistent accumulation is good because it will make you to have more experience about crypto more than before and having be aware of crypto will help you in making an informed decisions, which will help to guide you through out your journey in crypto and can make you to enjoy it despite how fluctuating it is.

One of the best and most effective things for a person to learn risk management while trading is to be disciplined and trade with such money that even if you lose, it will not affect your life. You should find a source of income for trading or investing. If you do not have any source of income, then you may be under financial pressure or you may be under family pressure. At that time, you may make many wrong decisions which may result in your loss.

But yes, you have to remember that trading is very risky and trading is a very scary place. The way everyone presents trading is not the reality. To become a successful trader, you need to learn trading for at least 3 years and practice a lot.

[RockBell]

Trading carries high risks and of course high risks aren't fun. Trading won't be enjoyable for those who don't fully understand it but if you fully understand it, it can be enjoyable. So whether trading can be enjoyable or not depends on the individual.

Very high risk but when you do the important thing the risk can be reduced because when you use an appropriate leverage and stop loss and take profit all this can help reduce the high risk to a very low risk, and when you are losing money I don't think there will be anyone that will enjoy that, but when you are making money am very sure it's going to be something everyone will enjoy, it is natural not to be happy when you are losing money but there is no correction the best thing is to control your feelings.

It can be enjoyable if you trade correctly master discipline risk management and learn from mistakes. While you're right about the risks if you can manage them well by consistently practicing analytical skills, practicing patience and learning to remain calm when making decisions it can be very enjoyable.

And it will get to a point were even if you won't really matter because you are already a master and you have totally understand how everything works, and now that the risk can be managed properly, then you have solved more than half of the problem of what people are always scared of, one thing that scares people the most when it comes to trading is the fact that they don't want to lose there money.

[yudi09]

Everything is enjoyable when you know how to do it well. People who know about trading and have enjoyed the results of trading will be angry if we say that trading is an activity that causes people to lose their money.
Some people will not consider trading enjoyable because they have lost a lot of money through trading. This has led to statements that trading is the same as gambling, or other such statements.
For me, trading is not an enjoyable activity. It is open to multiple interpretations.

[Olatundespo]

Everything is enjoyable when you know how to do it well. People who know about trading and have enjoyed the results of trading will be angry if we say that trading is an activity that causes people to lose their money.
Some people will not consider trading enjoyable because they have lost a lot of money through trading. This has led to statements that trading is the same as gambling, or other such statements.
For me, trading is not an enjoyable activity. It is open to multiple interpretations.

I agree with you that trading is not an enjoyable activity for me either, that's why I have had very bad experiences. And I have corrected my mistakes but the market is completely full of uncertainty. So many people compare short term trading with gambling. In terms of risk it is almost on the same level.

For an experienced trader, it will be easier because they have liquidity and the ability to trade in different strategy. Their main strength is experience. To make trading enjoyable, you have to be profitable all the time and being profitable is not an easy task even for many experienced traders.

Most of the time profit or loss in trading is controlled by luck because the assumptions about the value of the coin are most of the time not correct.

[fredericktaylor]

Trading will be fun or enjoy only when a trader can achieve success by trading efficiently with the right knowledge. And if a person starts trading without any skill without the right knowledge in the hope of quick profit, then instead of enjoy or fun, that person will have to enjoy bad result. If one enters the market at the right time consistently by following the right rules with skill and giving time patiently, then one can achieve success in trading and enjoy. If you enter the market in a hurry, without understanding anything, out of greed or emotion, without waiting for the right time, you can never expect good results.

[Hamza2424]

I just found out that some people equate the definition of trading with sex. Do you need to release dopamine with your sperm? That sounds very jiki. It's better to choose another analogy.
As far as I know from his book, he doesn't trade in the market but profits from his investments. You only quoted his statement about the risks we can take, but what does that have to do with Buffett in the context of trading if it's only related to that statement?

Haha I also find it extremely weird, in no way can it be like sex, like how can it be? I don't listen to buffet and people who hate bitcoin because they don't know what they are doing and still we are using their advices in crypto that are not applicable here we have to follow everyone.

He used the advice of Buffet as far as I understand and what shocked me most is how he relates to sex haha. although it can be real hardwork, but results can be good sometimes.