Don't Spend Too Much Time Trading? is that true? - page 25.

bakkang

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Quote from: amskas on July 24, 2017, 05:17:31 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?

Just be thankful with your mistakes because youve learned from it. In trading you must be logical so that you will analyze when to buy and sell. Emotional aspect is not a necessity when trading it all mental.

DrGuns4Hands

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In basic trading we buy bitcoin at low price then we sell it on high price but if you always do this with a little price difference you're doing it wrong. in trading you must hold your coins for atleast a long term in order to get a good income on trading spending too much time in trading can lead you on regretting the moment of bubble.

pratik009

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Yes don't spend too much time in trading if you have not proper knowledge and skills about the trading.And if you want to do trading then think only logically with your knowledge;never go with your emotions.And if you have not good knowledge about trading then many work on the that you can do it.like you can join signature campaign and many bounty campaign.you can get good money from it.

djgtr

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Quote from: cardoyasilad on October 31, 2017, 04:18:40 AM

Quote from: posi on October 31, 2017, 03:59:32 AM

Yes, it's bad to spend too much time on trading cause it leads to waste of time, electricity and I think it better to study some coin. Buy it and hold till the price pump than spending so much time trading.

It's not bad at all im spending too much time for trading that includes what to buy next potential coin and when to sell if you really want to earn on trading you must spend time.

yes i agree on that everytime you work or maybe anything that you work is really need time i believe in saying that practice made perfect.i think we also need to spend a lot of thing in trading because it is also a kind of work to be done .i think even in a simple thing we need really time to study about it is really diff. If you dont spend time you dont get any learning or maybe you can get but only few.

cardoyasilad

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Quote from: posi on October 31, 2017, 03:59:32 AM

Yes, it's bad to spend too much time on trading cause it leads to waste of time, electricity and I think it better to study some coin. Buy it and hold till the price pump than spending so much time trading.

It's not bad at all im spending too much time for trading that includes what to buy next potential coin and when to sell if you really want to earn on trading you must spend time.

posi

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Yes, it's bad to spend too much time on trading cause it leads to waste of time, electricity and I think it better to study some coin. Buy it and hold till the price pump than spending so much time trading.

hi.color

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Yes.
Take a good hold
One day to the moon Grin

dmitriisavelevich

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Quote from: amskas on July 24, 2017, 05:17:31 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?

I will admit there is not much time to dive into the trade. Yes, and more than 2 profitable trades per day, I think is enough, rather than constantly sit and monitor and constantly seek out a way to get more profit. It's not worth the nerves and the electricity bill.

Bitcoincole

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Quote from: richmcrich on October 31, 2017, 01:24:35 AM

Quote from: clarkt on October 29, 2017, 01:46:21 AM

As a newcomer to trading this might be truebecause you just started learning the ropes.You should instead of trading read something that will add to your skill. Learning is essential to taking advantage of market situation

Only new traders are found for spending too much time on trading because there is so much for them to learn and discover, with every new thing they learn they are damn curious about implementing it an is the reason why new traders do a lot of trading without making any big profit. Old traders does not trade much, rather just two or three traders per month are enough for them.

I have really not tried trading yet because I feel like I am not that knowledgeable about trading yet. I have tried researching online and ask my friends about it,too and with that I already take so much time. So , I really can't say that trading should not take so much time. Maybe when I can try it myself that's the time I can give my opinion about this.

richmcrich

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Quote from: clarkt on October 29, 2017, 01:46:21 AM

As a newcomer to trading this might be truebecause you just started learning the ropes.You should instead of trading read something that will add to your skill. Learning is essential to taking advantage of market situation

Only new traders are found for spending too much time on trading because there is so much for them to learn and discover, with every new thing they learn they are damn curious about implementing it an is the reason why new traders do a lot of trading without making any big profit. Old traders does not trade much, rather just two or three traders per month are enough for them.

mx667

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Quote from: xhienigat on October 28, 2017, 10:59:46 AM

Quote from: raking on October 28, 2017, 01:25:09 AM

Quote from: amskas on July 24, 2017, 05:17:31 AM

I'm the 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?

You're right. In crypto business the emotional control can be said to be quite important, it determines your success or failure in that investment. But this is not easy for beginners

Beginners struggles in controlling their emotions and others choose not to go on with trading anymore because they are discourage right away but for me no matter how hard it is to achieve something if you really want it you will strive hard to get that if we want to succeed in the path that we are taking.

What are you talking about ? Although trading work is fairly easy, but we must keep monitoring all the activities of the ups and downs of a currency. That's why we need to take a lot of time to monitor our computer monitor.

To do trading is only needed a few clicks and some typing, but we must be able to find the right moment to do that. So I guess we do have to spend or sacrifice a lot of time for trading. Actually we do not need to think about the time we spend, we should try to enjoy it by listening to songs or videos on youtube. All work definitely requires a lot of effort, if we want to be the boss though .. we still have to fight hard to get it, as well as trading.

clarkt

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As a newcomer to trading this might be truebecause you just started learning the ropes.You should instead of trading read something that will add to your skill. Learning is essential to taking advantage of market situation

TheGreatPython

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Quote from: FoxTheHuman on October 27, 2017, 07:32:33 AM

Quote from: amskas on July 24, 2017, 05:17:31 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?

I used to be like you when it reached the requirement to come out instead of doing it but I did follow the feelings and the bad thing happened Cry

You actually need to control your feelings in order to earn better money. As far as spending of time is concerned, I think as much time you will spend in trading, more are the chances that you are going to learn more good things. Trading is something which comes with experience and time. You actually need to spend a lot of time in the world of trading, only then you can learn the things well.

xhienigat

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Quote from: raking on October 28, 2017, 01:25:09 AM

Quote from: amskas on July 24, 2017, 05:17:31 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?

you're right. In crypto business the emotional control can be said to be quite important, it determines your success or failure in that investment. But this is not easy for beginners

Beginners struggles in controlling their emotions and others choose not to go on with trading anymore because they are discourage right away but for me no matter how hard it is to achieve something if you really want it you will strive hard to get that if we want to succeed in the path that we are taking.

raking

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Quote from: amskas on July 24, 2017, 05:17:31 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?

you're right. In crypto business the emotional control can be said to be quite important, it determines your success or failure in that investment. But this is not easy for beginners

daKotajayl@12

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Quote from: amskas on July 24, 2017, 05:17:31 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?

no it is not true most of the people spending in trading. if spend nothing will happens. but you try to make some efforts on that field. in trading every one need to patience because in this had losses and profits for that if we get emotional then we only suffering for lot of problems. you have to spend some time on technology and news. you getting one idea on that.

layoutph

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If you planted a mango seed, do you stare on it until it become a tree. Thats how trading work. Just place an investment from a coin on its deep and leave it. Go back after 5months and get your profit.

Quote from: amskas on July 24, 2017, 05:17:31 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?

yubsep

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You must spend time to follow the news and technical analysis. That will make you a rich.

Bestwishes745

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Quote from: FoxTheHuman on October 27, 2017, 07:32:33 AM

Quote from: amskas on July 24, 2017, 05:17:31 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?

I used to be like you when it reached the requirement to come out instead of doing it but I did follow the feelings and the bad thing happened Cry

You guys simply need to understand that trading is nothing like gambling where you need to follow your instincts for making moves. Trading is a proper profession, you need to do a lot of how work before jumping into the field. I really feel sorry for you if you lost money just by making emotional decisions. If you really do not have good emotional control, I will suggest holding bitcoin is better option then.

Thanasis

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Quote from: FoxTheHuman on October 27, 2017, 07:32:33 AM

Quote from: amskas on July 24, 2017, 05:17:31 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?

I used to be like you when it reached the requirement to come out instead of doing it but I did follow the feelings and the bad thing happened Cry

It is not that much important how much time you spend on trading the skill are important in trading to be successful.One skill every trader needs is the ability to analyze data quickly. There is a lot of math involved in trading, but it is represented through charts with indicators and patterns from technical analysis.
Hand in hand with focus is control. A trader needs to control his or her emotions and stick to a trading plan and strategy. This is especially important in managing risk by using stop losses or taking profits at set points When traders start to get emotional about their trades - good or bad - strategy goes out the window.So you did a wrong thing by doing it emotionally.Skills are learned. With a bit of effort, traders can improve their analytical skill, research abilities, focus, control and record keeping. The investment of time and energy will pay off in better trades.

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