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Topic: Don't Spend Too Much Time Trading? is that true? - page 10. (Read 17490 times)

full member
Activity: 378
Merit: 101
If you want to get profit big without tension it's right. Grow your network learn new project & ICO is better then giving time for trading.
full member
Activity: 546
Merit: 100
There is nothing wrong with spending too much time on trading. But yeah, don't overdo it. Being emotional while trading is the real problem. So work on that first.
sr. member
Activity: 490
Merit: 250
Spending a lot of time in trading depends on what type of trader you are, if you are a day trader then spending all day in front of your screen with all the charts is required because you have to check the movement of the coin from time to time. If you are a type of trader that make a trade weekly then the required time screen time will be lesser but you need to check the movement from time to time still since crypto really move fast. And if you are a investor type or trader then you do not need to spend too much of your time because you will be holding your coin for long term. So as a trader you really need to determine what kind of trader you want to be.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
I don't think that it is true, it is best to spend time in trading but don't actually trade but only study the graph or the chart of the coins that you are watching in order to find some patterns or signs if that coin is a good buy or not because that is the best thing to do when you don't have other things to do. Spend a lot of time in trading but only for education purposes.

How can you only study the graph without doing the trading instead? If you do not trade, you never know how you can get the profit. And by studying graph only can't make you be good and it because its price always fluctuative and most of them are only speculative which you can't even predict. So by focusing too much time on trading does not even needed, just make sure that you are in a good moment to get profit, this is what you need to have in trading
I feel that it can be done. people like that, I think can be very great in trading. especially if they focus on just 1 coin or a few coins. it will be a very good weapon in trading. but, of course you have to trade for it, and that will of course spend more of your time.
full member
Activity: 686
Merit: 100
If you know what you're doing then your doing fine, trading is very draining. Not pro trader but I know how to somehow analyze the market, it's very tiring and draining. Gladly I get off from trading and stick with holding. No stress!
member
Activity: 328
Merit: 39
Trading can be terrible addictive, if you don't know how to discipline yourself, you very soon will neglect your friends, your family, even your health.
I suffered this in my early day in forex, some years ago: I stood any night on forex, until a complete nervous breakdown. It took me months to recover.
So, be careful at any sign of addiction.
legendary
Activity: 1078
Merit: 1000
I don't think that it is true, it is best to spend time in trading but don't actually trade but only study the graph or the chart of the coins that you are watching in order to find some patterns or signs if that coin is a good buy or not because that is the best thing to do when you don't have other things to do. Spend a lot of time in trading but only for education purposes.

How can you only study the graph without doing the trading instead? If you do not trade, you never know how you can get the profit. And by studying graph only can't make you be good and it because its price always fluctuative and most of them are only speculative which you can't even predict. So by focusing too much time on trading does not even needed, just make sure that you are in a good moment to get profit, this is what you need to have in trading
full member
Activity: 574
Merit: 102
https://adonx.one
Yes that very true because when we too much spend time for trading so appear greedy and emotional. And finally we can not follow the trading strategy and analysis that we made before. So focus in trading but dont too much time in it is better to control emotion.
member
Activity: 392
Merit: 24
i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically. Cry
what is your opinion?
Actually if you are a day trader then you need to spend a little bit.
Meantime for instance if you have a salary like 4000 USD monthly and if you are working for it 5 days 8 hours 4 weeks this means your average hourly rate is 25 USD.
 If you gain over 100 USD in less than 4 hours a day means you are not spending too much time
hero member
Activity: 2926
Merit: 636
In my opinion we have to spend good time in learning and reading more about trading rather than spending the time in making trades, especially if you re newbie with this field, you need more knowledge and skills before starting. Trading without good knowledge lead to big losses usually.
With enough information that will make us ready to trade and our knowledge is our only basis on making a decision, it will be very risky if you
are treating trading like gambling where you rely on your luck. Treat this as a long term journey where you are open minded and you understand
you will also prone in making mistakes but you are smart enough to accept it and correct your strategy.
full member
Activity: 1008
Merit: 101
I can't, I I need to stop spending time on my laptop
If you are really getting addicted to crypto market and trading, you really need to take a break. Though it is really fascinating to make money in huge amounts just with few clicks and moves made on right time. There are some people who are getting obsessed with crypto currencies and are spending too much time on their laptops which is dangerous for their health and relationships. You need to involve yourself in healthy activities.
sr. member
Activity: 552
Merit: 250
In my opinion we have to spend good time in learning and reading more about trading rather than spending the time in making trades, especially if you re newbie with this field, you need more knowledge and skills before starting. Trading without good knowledge lead to big losses usually.
full member
Activity: 476
Merit: 100
i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically. Cry
what is your opinion?
Successfull trading needs much time. You should spend at least (!) 6-7 hours a day to get all the information about market and additional time for trading itself.
full member
Activity: 658
Merit: 100
Yes!, this is factual statement in trading. The reason been that you may over sell or buy. You tend to be under enormous pressure to trade in to profit and by so doing you sell a coin that might bring you huge profit in future and you buy the crap.
newbie
Activity: 86
Merit: 0
I think that true.
I was find a POS coin and let it staking for me.
SIGIL coin (sigilplaform.com ) are my choice
full member
Activity: 448
Merit: 100
Diagon
The more you sit at the screen and look at the charts, the greater the chance to make a mistake. You in fact know at what price you want to buy and for what to sell. Use orders.
member
Activity: 126
Merit: 10
In trading you must have enough control on your emotion to not lose your prfoit, and i think its true that you may not spend too much time in it because you can easily set the price of what you want to sell in that that kind of price, so we will just control those emotion for our profits sake.
full member
Activity: 210
Merit: 106
For me better to spend to much time in trading,  because if you have a lot of time you can monitor every minute what happen to the coin you want to buy or you want to sell.  Most of the trader who earn a lot of profit they spend more time in trading.  And those people who are not earn good and lose profit they don't have enough time in trading. Some of us are very busy to job or being student or what status you are but you can spend time also to trading to earn more profit even it's hard for sure you can do that.  So if you want to make more profit you need enough time in trading.

Some people are spending excessive amount of funds in trading and ICO participation. This is very wrong, they need to save some money for themselves.

What saving you mean? Can you explain more specific!!
Anyway, i dont agree with you. Trader who dont have much time to trader is not always not gaining much profit.
Profit or not is not always about time but lucky and skill.
full member
Activity: 196
Merit: 100
I don't think that it is true, it is best to spend time in trading but don't actually trade but only study the graph or the chart of the coins that you are watching in order to find some patterns or signs if that coin is a good buy or not because that is the best thing to do when you don't have other things to do. Spend a lot of time in trading but only for education purposes.
newbie
Activity: 130
Merit: 0
i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically. Cry
what is your opinion?
I think that in order for you to succeed in trading you need to have a lot of skill and psychology to handle all the bad and good things. You should know the correct information before making any decision. Because it is so important, it affects your property. You should not be too sad because all failures give you valuable experiences that no one can teach you.
Good luck
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