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Topic: Don't Spend Too Much Time Trading? is that true? - page 20. (Read 17492 times)

member
Activity: 311
Merit: 10
You can spend  a lot time on trading, but don't act emotionally. Stick to you strategy, and use stop/loss.
sr. member
Activity: 493
Merit: 250
IDENA.IO - Proof-Of-Person Blockchain
If you are a trader, I think you should update information frequently. The Price of Crypto changes very quickly. Therefore, If you can't get information on time, you will lose
legendary
Activity: 1190
Merit: 1024
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 not really bad on spending too much time on trading since there are are active traders which do really spend their times on doing trading. This would really depend on what kind of trader you are. The suggested thing on here is when you do know how to stop specially when your mind or brain is quiet tired on doing trading because once you are tired you cant execute trades properly which causes mistakes. which causes for us to lose up money.

That is right. There is nothing wrong on spending too much in trading. Honestly you can earn a lot by simply trading. In trading, not only the volatility of the market is your adversary but also your emotions. Too much emotions, too much greed may lead you to too much losses. Sometimes, even if you know what you are doing but you can't control your greed may lead you to loss. So I suggest learn how to control your emotion first.
Yeah as much as you give time to it more profit will come to your court and spending a lot of time has no issue because all you want is to see the market critics and take the decisions and I personally do same thing in my office on one tab I am working and on other one market I am analyzing market and there is no offence in this if you are aiming big then you have to stay up to date to the market rate all the time,

Spending too much time in trading does not matter, what matter most is that you make the right desicion at a right time and this power of making right descion comes with the experience in trading and experience comes with the time you spend in trading. So i think if you have ample time and you want to do trading, then spend most of time on trading and geting knowledge on coins and trends etc
newbie
Activity: 37
Merit: 0
Yes. Unless you're bias about a certain trade. Ofcourse after mastering ur emotions and self discipline. Start small as always. Test the waters and dive in with all trail stop and tolerance levels in place.
full member
Activity: 502
Merit: 100
TheFutbolCoin
Trading continuously is not good because it makes our emotions so uncontrolled.Because we want to continue to seek profit, and increasingly careless in trading.It's better if you've paused to pause.
sr. member
Activity: 574
Merit: 250
I think It's true. If you spend too much time in trading , you will loss to control your emotion and make wrong decision.
we should spend time for research market and read the chart in stead
You are wrong, to training our patience.Because the trade is not only short term, but long term was better than short term. If you are seeing ethereum. how they are investing in the ethereum ico for short term got a lot of lost. We can learn a lot from there. how the patience was really important.
full member
Activity: 308
Merit: 100
Actually you have to spend too much time trading as doing like this you will earn experience and insight about the prices. But to have an emotional bond with your assets is the most risky thing in business.
hero member
Activity: 2842
Merit: 772
I really think that we should invest time on trading as much as we invest our money. Why? Because in trading, you have to learn the in and outs then the you have to observed how the market moves, the news, speculations. So if you don't engaged yourself with a lot of time then you will be having time developing your trading success. I still believed that those who are very successful in trading today have one time in their career spending like 18 hours or more per day trying to perfect their strategy and learning how the market moves and reading a lot of news about the coins that they are going to invest and trade.
full member
Activity: 205
Merit: 100
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.
As much as I’m concerned, I’ve never seen any rule that states that you’re not allowed to trade for a long time. All I know is that you’re allowed whenever you want and for how long you wish to trade, no one will question you for that. If you’re making profit and from how the market is you know that you’re really going to continue making profit, then why stop? There is no reason to stop you should continue trading.
well thats right but i think the point of it if you are taking too much time in trading your emotions are may affect you could make some decision that is not profitable as a trader so better to be make some control of your emotion if you want o spend a lot of time in trading.
full member
Activity: 350
Merit: 105
It's okay to spend too much time in trading but i you got bad day, just stay away to trading. Sometimes we can make mistakes because of emotion. Strategy is the number one part in trading, spend time to analyzing the charts of trading. What is good and what is the best. Try to relax, hold your emotion. If you don't have perseverance, stay away from trading.

legendary
Activity: 2100
Merit: 1058
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.
As much as I’m concerned, I’ve never seen any rule that states that you’re not allowed to trade for a long time. All I know is that you’re allowed whenever you want and for how long you wish to trade, no one will question you for that. If you’re making profit and from how the market is you know that you’re really going to continue making profit, then why stop? There is no reason to stop you should continue trading.
full member
Activity: 322
Merit: 107
Spending too much time in trading is not bad as long you can manage your time and not focusing only on trading.Learning up some skill to avoid spending so much time is the best for you to know how can you manage while in trading and your other job.Always be patient to wait to not loosing all your money,you must know when to stop and relieve some stress from it always take a break for be calm in your next round.
hero member
Activity: 980
Merit: 506
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?

If you ask me, nothing is wrong with spending time in trading. Wouldn’t you rather spend your time to a meaningless purpose? So, spending time in trading is good and could potentially make one richer.
You are not able to make the right decisions at the right item and this is because of the other reason that you spend too much of the time you have in hand just for the sake of trading. It is sometimes regarded as a method of practiced guessing and the way you have adapted  for trading is really causing you a lot of stress and anxiety.

Therefore I suggest you to stop at once and be calm man. You could earn a lot in this way as the first thing needed is the relaxation of mind so that you could just your mental abilities well.
hero member
Activity: 1302
Merit: 577
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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 not really bad on spending too much time on trading since there are are active traders which do really spend their times on doing trading. This would really depend on what kind of trader you are. The suggested thing on here is when you do know how to stop specially when your mind or brain is quiet tired on doing trading because once you are tired you cant execute trades properly which causes mistakes. which causes for us to lose up money.

That is right. There is nothing wrong on spending too much in trading. Honestly you can earn a lot by simply trading. In trading, not only the volatility of the market is your adversary but also your emotions. Too much emotions, too much greed may lead you to too much losses. Sometimes, even if you know what you are doing but you can't control your greed may lead you to loss. So I suggest learn how to control your emotion first.
Yeah as much as you give time to it more profit will come to your court and spending a lot of time has no issue because all you want is to see the market critics and take the decisions and I personally do same thing in my office on one tab I am working and on other one market I am analyzing market and there is no offence in this if you are aiming big then you have to stay up to date to the market rate all the time,
there is no wrong watching the market all day and spend a too much time in trading for you too know what will be your next move but always check and hold your emotion this is why some are telling that you dont have to spend too much just because when you are trading and not knowing what would be your emotion can affect you decision.
newbie
Activity: 14
Merit: 0
I think It's true. If you spend too much time in trading , you will loss to control your emotion and make wrong decision.
we should spend time for research market and read the chart in stead
hero member
Activity: 2534
Merit: 605
Too much time for trading, isn`t a bad thing, it is good for your trading education.
That looks bad inside you is "you can`t control your emotions", which in turn made a lot of mistakes. And finally you assume "Don`t Spend Too Much Time Trading?", This is a wrong assumption.
It is not true that much time should not be spent on trading. Initially it may take more time but gradually when one gets experience the time factor minimizes. An experience person can do many things in short time and he can utilize other remaining time positively. I think one should not bother time if he can utilize it for his future which will stabalize him economically.

If you give more time to your business you will get more experience in you business. You will be aware of  from ups and down of the market and will learn more techniques.
hero member
Activity: 840
Merit: 500
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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?

For me it is not necessary for an individual to spend a lot of time on trading because you need to spend more time on collecting a lots of different tokens and coins because those are the one we trade in. Trading is just a sinply job but if the token or coins that you are trading in are driving you crazy that is the difficult part because you might get your emotions led you to a much terrible decisions so if you are going to trade and you are feeling the bad vibe then it is not a good day for.you to trade because it will just ruined all of your strategies

That's reasonable for many people. Personally, everytime i spend a lot of time observing the market, i fall victim to panic. So what i do is just set up orders. Many are like that so better to just take a few minutes in an exchange to study the movement and then get out
Therefore, for me, I just check the market when I need to sell my coin.
Unlike those who people always check the price of cryptocurrency they are holding, it is really bad choice while they want to holding cryptocurrency for long term, because as your said, our emotion is very easily change by the price and the volatility of the cryptocurrency.
full member
Activity: 490
Merit: 100
Man body has it’s limits. On my own experience I can tell that it is better to work during 10 hours with half an hour to nap. I remain smart working in such regime. I like to work at night. This is silent, calm time for making right decisions.
sr. member
Activity: 2030
Merit: 323
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 not really bad on spending too much time on trading since there are are active traders which do really spend their times on doing trading. This would really depend on what kind of trader you are. The suggested thing on here is when you do know how to stop specially when your mind or brain is quiet tired on doing trading because once you are tired you cant execute trades properly which causes mistakes. which causes for us to lose up money.

That is right. There is nothing wrong on spending too much in trading. Honestly you can earn a lot by simply trading. In trading, not only the volatility of the market is your adversary but also your emotions. Too much emotions, too much greed may lead you to too much losses. Sometimes, even if you know what you are doing but you can't control your greed may lead you to loss. So I suggest learn how to control your emotion first.
Yeah as much as you give time to it more profit will come to your court and spending a lot of time has no issue because all you want is to see the market critics and take the decisions and I personally do same thing in my office on one tab I am working and on other one market I am analyzing market and there is no offence in this if you are aiming big then you have to stay up to date to the market rate all the time,
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