Don't Spend Too Much Time Trading? is that true? - page 17.

Getcoinsite

sr. member

Activity: 714

Merit: 260

Quote from: amskas on July 24, 2017, 06:17:31 AM

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?

spending time in trading is not a waste as long as your doing the proper
manner of being a traders and thats being willing to learn and listen to your
instincts ,being trader must be observant and dedicated because trading wasnt
an speasy game to play.it needed right timing and deep analyzation.for you to
be a successful trader

slackcryptoz

sr. member

Activity: 456

Merit: 250

Quote from: Jaya912 on November 29, 2017, 08:01:14 PM

Quote from: amskas on July 24, 2017, 06:17:31 AM

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?

Its true that not spend too much time for just stay in the front of leptop.
It will your mind is disturbed by your emotion. We can not think logical if we not refresh mind for some time before continue trading.
Most of your decision just panic.

Whether the user gets frustrated or not, but surely a large number of users will be getting into frustration, because the market gives opportunity to earn but we miss it because of careless. The same will lead us to stay long into trading once again expecting the opportunity which won't take place the same day if you're Unlucky.

Jaya912

full member

Activity: 280

Merit: 101

Quote from: amskas on July 24, 2017, 06:17:31 AM

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?

Its true that not spend too much time for just stay in the front of leptop.
It will your mind is disturbed by your emotion. We can not think logical if we not refresh mind for some time before continue trading.
Most of your decision just panic.

wumBowo

sr. member

Activity: 770

Merit: 298

tozex.io

Quote from: ?? on ??

When you buy a coin, purchase it just when was cheap and wait the right time for to sell. Be mindful about scam cash, research cash prior to buy them. you

but the reality is not easy like we buy on the low , sell on the high.

Quote from: bribed on November 29, 2017, 07:33:21 PM

My opinion on this is: only trade when you are serious about what you are doing, and know what you are doing. For example trade when you want to cancel a position or trade when you want to buy. Fix entry and exit points and stick to them. I made a lot of mistakes myself and now prefer hodling over trading, has payed off nicely eversince.

this is true , most people fails included me cause we don't have to set a proper fix entry and quits

guesswhat

full member

Activity: 125

Merit: 100

Quote from: machinek20 on November 29, 2017, 07:32:24 PM

I think you need to spend much time to become a better trader and building experience, finding news is very crucial to trading, if you spend little time, you wont get enough information that could help you to make a maximum profit, and in trading you need to think logically, that is the usage of chart and technical analysis, using emotion to trade is going ruin your speculation

Correct for trading and being a good trader. Those who developed their trading skills are now the richest person of the crypto world. In every action, they open nice positions by buying/selling and they get good money from this trading. So spending time is needed.

bribed

full member

Activity: 238

Merit: 100

My opinion on this is: only trade when you are serious about what you are doing, and know what you are doing. For example trade when you want to cancel a position or trade when you want to buy. Fix entry and exit points and stick to them. I made a lot of mistakes myself and now prefer hodling over trading, has payed off nicely eversince.

machinek20

hero member

Activity: 840

Merit: 501

I think you need to spend much time to become a better trader and building experience, finding news is very crucial to trading, if you spend little time, you wont get enough information that could help you to make a maximum profit, and in trading you need to think logically, that is the usage of chart and technical analysis, using emotion to trade is going ruin your speculation

BTCeminjas

member

Activity: 322

Merit: 23

Quote from: amskas on July 24, 2017, 06:17:31 AM

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?

Its true when you buy altcoin or just the cheap coin you need some researched about the coins, chart analysis for the price movement and the roadmap of the coin. Be careful in choosing cheap coins maybe it turns into shitcoins. Strategy and timing when you do trading or else you've loss your fund.

chicobr

full member

Activity: 235

Merit: 250

No, I dont think so. You should follow the market to get information. The market changes every hour, so if you don't know news, you can lose your money or your opportunities

slashz9

full member

Activity: 1554

Merit: 101

it does not matter as long as you spend time studying the market, analyzing it does not matter you're losing it now. Like more financial experts say you make mistakes the faster you learn,cause if u never make mistake u never learn something new.

proTECH77

member

Activity: 1120

Merit: 30

Bisq Market Day - March 20th 2023

You can actually spend much time doing your analysis on when to have a good entry, but when in an existing trade, it is not advisable to actually stay long because of the up and down movement of the market; just exit the trade when you've made a reasonable profit.(This is to my own opinion).

clarkt

full member

Activity: 658

Merit: 100

In order to reduce your risk of constant exposure to the ups and downs of the market of which are very temporal, you need to cut your exposure and focus on statergies and horning your skill in your area of interest in crypto!

OrangeII

hero member

Activity: 2072

Merit: 503

I feel it depends on the person's thinking. many of us make a lot of money from trading, and I think it takes up quite a bit of time. well, if you do have something more important, then do not spend too much time with trading.

clarkt

full member

Activity: 658

Merit: 100

The heading is very true statement but then it depend on what kind of trading you are making. If you have enough capital to move trade,that will be a bad advice. There are all sort of trading where this statement don't apply at all!

santieevanz

full member

Activity: 238

Merit: 100

Quote from: amskas on July 24, 2017, 06:17:31 AM

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?

We all know that trading needs a lot of time because we have lots to consider like monitoring the bitcoin price everyday or maybe every hour and we have to see the market situation too. But i still don't agree that we should spend too much time for trading because there are lots of things or people who needed our time most.

raziplab92

newbie

Activity: 44

Merit: 0

trading is not as simple as people think.its an art.you learn each and everyday do mistakes a lot in emotions and fear.Never be greedy ,get rid of a trade when you 20 to 30 percent profit and dnt look back.Purchase a coin at 3 different prices when it dumped.First secure your trade amount then extend trade time to get profit ..ONE thing mistakes are much common in trading so just learn things with time .markket fluctuate everyday so you have to be very tricky with it .

jagmrx

full member

Activity: 193

Merit: 100

Quote from: Nariza on November 28, 2017, 09:50:02 PM

Spending too much time in trading is not bad idea for me because most of traders spend their times on that to monitor the price. But the problem is some of us can't control our emotions which cause a wrong decisions.

Actually trading it takes a lot of time because we have to do various things for trading. For example, we have to predict the price of a currency and see market conditions. For beginners, it will take a lot of experience and a lot of learning.

You also have to buy and sell a currency at the right time in order to profit. Therefore you should always monitor the currency prices you seek. And to monitor the price, it definitely takes a lot of time.

Nariza

member

Activity: 246

Merit: 10

Spending too much time in trading is not bad idea for me because most of traders spend their times on that to monitor the price. But the problem is some of us can't control our emotions which cause a wrong decisions.

yrreg ger

sr. member

Activity: 448

Merit: 250

Quote from: Protected101 on November 26, 2017, 11:12:38 PM

Since you can manage yourself to spend more in trading ,no worries to spend a lot.As long it cannot be result for loosing money and your having a lot of experience,knowing the skills it might be resulting for profitable income.

Ever since, I always keep in my mind that spending time on doing trading is a kind of investment wherein the more time I spent the more I will learn. Gaining trading experiences have helped me to become a good trader, I am not saying that I am the best, experiences have helped me to become more positive and patient when doing and it actually help in life too. Earning bitcoin acts as hope for students like me who wabts to earn while studying and for someone who wants financial freedom in the future. The more I spend time in it the more interested I became because there are still a lot for me to learn regarding bitcoin trading. Besides, wasting time on cryptos is more productive than killing time doing nonsense things

flower1024

legendary

Activity: 1428

Merit: 1000

Quote from: Topaz72 on November 27, 2017, 12:06:40 PM

Quote from: pinoyden on November 16, 2017, 09:38:54 PM

Quote from: maimainguyen05 on November 16, 2017, 03:06:27 PM

I don't think so

)). I spend almost my time everyday for trading but everything still fine. Maybe you made a lot of mistake in trading while you spent a lot of time for it just because you didn't have enough experience and trading skills. Don't worry about it cause you're not the only one like that, it'll be better soon, try to improve your trading skills and everything will be fine although you spend much or less time for it

)

i quite agree with op because as we see some coins takes time to increase or pump and most of them are altcoins/tokens therefore spending too much time looking at the chart is useless and makes no sense because their values are still the same but i guess it still depends because some coins are also good in shorter terms like bitcoins which likely to increase and pump unexpectedly, so much better if you can track it oftenly to make a descent profit.

Well I think I don’t agree because trade is one of the best source of income around the world and I think as much as time when you will spend in trade so it will give you a same profit as per your spending time so I think it depends on you when you spend too much time in trade so it will give you too much profit and when you give little time so for sure you will get little profit as well so I think we must do daily trade and give more time to trade.

Trading is one of the best ways to make money I agree. but spending too much time just looking at the chart is no use. you must spend the time to study the projects and check all investors reviews then only you will get to know what all pros and cons are there in trading.

Topic: Don't Spend Too Much Time Trading? is that true? - page 17. (Read 17490 times)