Topic: Don't Spend Too Much Time Trading? is that true? - page 19. (Read 17492 times)
Spending too much time for me is always not good, including spending too much time in trading. Not bad either, it depends how you control yourself. But for me still we should not have to spend too much time in trading because everything too much is not good.
i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically. 
what is your opinion?
what is your opinion?
In trading, we need to keep in mind that the important thing is the increase and decrease of the value of what we are trading. Now, time plays a big role in that system. We don’t have to spend time, we just need to keep an eye on it, so we’ll know if the price is low where we buy and the price is high where we sell.
Too much is bad ,that's why spending too much time in trading didn't good to us, all we need to do is just monitor the price, we don't need to focus on the price time to time, not only trading is our world, there are many things we should give time like to study about the things we do not yet know.
The issue isn't the amount of time spent online trading. The problem lies with the individual emotion while trading. How able an individual is able to control their emotions if trades go against them into loss. Or how quickly they rush to close a winning trade thereby cutting short their profits. In the past I had a cousin who would place and close over 40 trades a day in forex. Most times over 95 percent of those trades ended in loss.
I definitely agree with this insight. The time you spend on trading is not the reason why sometimes or why you often have lose of money or why you failed on your trading, its your emotion that you intend whenever you made a trading. Our emotions influences our action, that's why we must control our emotion properly. 
i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically.
what is your opinion?
what is your opinion?
At least you admit that you are not thinking logically. But my opinion is ues do mot spend that much time in trading because it will probably going to drive you crazy. My advice for you my friend is to invest more time on gaining a lot of bitcoins or even different coins. Me personally I always spend much more time on gaining some bounty rewards because tgat is the one that I will trade ao the more bounty rewards the more coins I can trade and trading is not that hard the selling pricess of that particular coins are the one that was too much because we cannot control what people will buy.
With trading, more the time spent more will be the profiting. If you are a large volume of asset holder, then even a small price change will get you a profit. For the same one need to be highly observative. Based on the fact, more the time spent will lead to knowing better about the market yielding better profit.
Normally, someone with a high volume that knows what he or she is doing, would not even bother much spending too much time on trading since you can just find your positions at the beginning and then just set all your orders to come back once in a while to check them out, which seems a little bit less stressful and you can manage it with other things.However, if you want to keep making all the available profit, mostly from day trading and still not wanting to find time to relax your mind at some point when you have had enough good profit for the day, then that is where the problem usually start until you totally lose your mind and start making some crazy decisions you would not have made normally.
Things come with knowledge and experience. So you actually need to send a reasonable amount of time for having better results.
Yes that true, because when we spend too much time in trading we will be greedy and will be emotional in trading because we felt tired. Keep focus but not over trading is much better so we can keep emotional. Keep psikilogis in trading is most important to get consistent profit than skill about technical analysis.
I think otherwise. In my opinion, you’ll only be able to learn something good and that too in the world of trading if you are spending some good period of time in learning the things related to that of trading. You have to spend a major portion of your time if you want to become an expert in trading. There is no other way of becoming an expert than to learn as many things as you can.Have you ever picked a book to read and then over time and after a very long read, you noticed that you are reading the same line over and over again ?
No matter how smart we may think we are, the brain usually need rest and even when you want to spend some good time trying to trade so as to learn well, it should still be minimal otherwise, you will be making wrong decisions and mistakes.
i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically.
what is your opinion?
what is your opinion?
In trading, we need to keep in mind that the important thing is the increase and decrease of the value of what we are trading. Now, time plays a big role in that system. We don’t have to spend time, we just need to keep an eye on it, so we’ll know if the price is low where we buy and the price is high where we sell.
To me its is know as don't simply waste your time in trading i have seen many people simply staring at the price or analyzing the price of a particular coin but never really buying it even though according to your research you know that the price will increase
i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically.
what is your opinion?
Maybe it is true. There are many people who loses their money in the trading because of lack of concentration. I think it is the reason why we should not spend too much our time in the trading world. what is your opinion?
it depends on what you mean by "spend time". wasting time for example is not proper way of spending it. and that's what most people do.
but if you spend time constructively by
studying the market,
analyzing the charts,
learning how to trade,
reading articles,
watching the movement on charts and thinking about reasons for each change
....
that would be a good thing.
some people even start "demo trading". if the platform allows that (crypto trading platforms rarely have this feature) then even better, but if not on paper or in an excel sheet. placing imaginary buys and then watching if they get filled, then placing imaginary sells and finally seeing if you could make profit.
all trading needs is experience. to know how things work and then acting fast.
what a great advice mate,this comment is enough to justify the who thing about what the OP asked.being in trading for long time wasnt spending time unless all your trading is failure thats why he said SPEND TIME.but if your doing the right war of trading it would be the other way around.just like some people i know that trading is thier life doing trade for more than 10 hrs per day.. but if you spend time constructively by
studying the market,
analyzing the charts,
learning how to trade,
reading articles,
watching the movement on charts and thinking about reasons for each change
....
that would be a good thing.
some people even start "demo trading". if the platform allows that (crypto trading platforms rarely have this feature) then even better, but if not on paper or in an excel sheet. placing imaginary buys and then watching if they get filled, then placing imaginary sells and finally seeing if you could make profit.
all trading needs is experience. to know how things work and then acting fast.
It depends on your ability.
If you get profit, trading as much as possible.
If you always loss, stop and hodl your btc, because btc will 100k usd soon
If you get profit, trading as much as possible.
If you always loss, stop and hodl your btc, because btc will 100k usd soon
Most of us forget and fall asleep with time management. We are obsessed to continue and continue to make money. Forcing the physical and mind to work more. So, the maturity of analysis to be reduced, because the physical has been weak. spending alot time on trading isn't only bad impact to decisions we make, but also on health and social side.
Once you over stress your mind, it affects even your body and then your level of reasoning and thinking practically shuts down at some point and you will just see yourself making some silly mistakes you would not have made in a normal sense. It is best to have a period, even if you want to day trade and stick to it so that you can relax, do something else and get your mind to rest.Make yourself read for all situations and thus, engage yourself with different works so that you can easily make your life better and happy.
This advice is targeting to people who are easily becoming angry, because it's not right when you're saying things are becoming worst if you're focusing on them. It's not right at all.
Most of us forget and fall asleep with time management. We are obsessed to continue and continue to make money. Forcing the physical and mind to work more. So, the maturity of analysis to be reduced, because the physical has been weak. spending alot time on trading isn't only bad impact to decisions we make, but also on health and social side.
Once you over stress your mind, it affects even your body and then your level of reasoning and thinking practically shuts down at some point and you will just see yourself making some silly mistakes you would not have made in a normal sense. It is best to have a period, even if you want to day trade and stick to it so that you can relax, do something else and get your mind to rest.Make yourself read for all situations and thus, engage yourself with different works so that you can easily make your life better and happy.
i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically.
what is your opinion?
That's actually the most probable thing to happen when you spend too much time in trading. You should not focus too much on the movement of the prices of cryptocurrencies in the market. Instead of watching the market the whole day, you should enjoy your life and use your day productively in other activities. what is your opinion?
Also, keep in mind that trading is not a one-time job. You should treat it like a seed that you'll sow and will take care for a long time before it bears fruits.
Don't rush your investments to grow. You should be patient enough and stay calm, especially in money matters. There's no such thing as INSTANT MONEY. Everything needs time to grow and develop. And the thing that you should always avoid is MAKING DECISIONS WHEN YOU ARE IN NOT FEELING GOOD. In this business, it should be MIND over EMOTION.
i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically.
what is your opinion?
what is your opinion?
In my opinion, trading takes time and should not be monitored from time to time. We all need to be patient when it comes to dealing with trading. The best thing to do is to strike once price of bitcoin or other crypto currencies hit the ceiling. +
Buying and selling could enable you to get more money if you're professional on it. Do not invest your money unless you are prepared to take danger and effects. Try to put a small percentage making exercise to it. If you are ready enough to trade go. Trading requirements persistence so you really need to spend some time to monitor altcoins to do business with and apply the theory in trading that is buy low, sell high.
It happens that the crypto currency in the market smiles throughout the day to 5 or more percent, depending on the coin. Thus, if you follow the rise and fall of the price, then on the difference in price you can earn very good money. And this is the whole point of trade, It's only there that time is not worth paying attention here, because it really needs a lot and for all this process. It is necessary to follow very carefully. 
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 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.
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 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 ) 
Yes, if you check price too frequently, you will lose your mind. The good way is that you juct check three times a day
Jump to: