Don't Spend Too Much Time Trading? is that true? - page 26.

N@p$t3r

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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 don't believe you, that's my opinion. It seems like you are one of those noobs who tries hard to get involved in bitcoins but doesn't want to invest in it because they aren't thinking for themselves... I don't even believe that you trade. If you do, show me your btc address and prove to me that its yours.

FoxTheHuman

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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 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

[email protected]

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Thank God you have realized you problem "emotional thinking". All you need to do is to let your emotion go when going into trading. Spending time without concentration on the trading could lead to a waste of time and thereby bring about costly mistakes. Just try to discipline yourself when going to trading by not allow your emotion to control you. Know the exact time to enter the market, do your analysis very well and leave your emotion behind.

Scooby903

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Quote from: cp3mc on September 04, 2017, 01:31:43 AM

It's never true because when you don't trade how can you earn?

exactly, we usually trade to increase our BTC portfolio
fear and excitement are a part of trading, once we get control of these.. trading will become fun

banake

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This is true bro.
You should spend time to learn "How to trade first
Then spend time to research about the coin you are going to trade
People often trade first then spend time to research about the coin they just trade.

bohr

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Quote from: cp3mc on September 04, 2017, 01:31:43 AM

It's never true because when you don't trade how can you earn?

You do not need to be glued to the screen 24/7 to make money when you trade, other issue is that some people think that you need to make a fixed number of trades per day in order to make money, but the truth is that sometimes the market is not giving you any signal to trade, and as such the best thing to do is to do nothing, but those that are obsessed with profits are going to make trades anyway and lose money because of that.

ahtremblay

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Quote from: mace15 on September 07, 2017, 05:31:03 PM

Quote from: bohr on September 07, 2017, 04:44:46 PM

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?

My opinion is that maybe trading is not for you but that does not mean you cannot become an investor and hold for long periods of time, some people get too nervous thinking about the losses they can get in the market and then they take bad decisions because of that, if you cannot take off those feelings then the best thing for you is to not trade again or you are going to make the same mistakes again.

Trading is a very risks and you should have self control during trading. It is okay to spend too much in trading as long you follow the rules that never too emotional, and analyze the market. Analyzation is important in trading to determine where you can start so you can get rid of loses.

keep your emotion away
From 21 film Cheesy

that is the effective way for trading

NetFreak199

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Quote from: richkellj on September 05, 2017, 01:36:34 AM

Quote from: mia khalifa on September 04, 2017, 01:27:21 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?

actually I also spend full time for trading, although only monitor the movement of the market alone, the rest I spend on this forum to read all the existing forums to better understand and more understanding about the various coins.

When you intends to make something big, then you have to work some big. Same as, if you want some higher profits through trading then you have to give full time to it especially in start. Keep observing the market trends; make some wise moves at some lucky time.

Yes and the things that you have done or doing is a great thing because you are not just trading just because you need but make some observations of the movement makes and will help you a lot keet it up that while you're trading your studying on it.

mace15

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Quote from: bohr on September 07, 2017, 04:44:46 PM

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?

My opinion is that maybe trading is not for you but that does not mean you cannot become an investor and hold for long periods of time, some people get too nervous thinking about the losses they can get in the market and then they take bad decisions because of that, if you cannot take off those feelings then the best thing for you is to not trade again or you are going to make the same mistakes again.

Trading is a very risks and you should have self control during trading. It is okay to spend too much in trading as long you follow the rules that never too emotional, and analyze the market. Analyzation is important in trading to determine where you can start so you can get rid of loses.

bohr

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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?

My opinion is that maybe trading is not for you but that does not mean you cannot become an investor and hold for long periods of time, some people get too nervous thinking about the losses they can get in the market and then they take bad decisions because of that, if you cannot take off those feelings then the best thing for you is to not trade again or you are going to make the same mistakes again.

richkellj

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Quote from: mia khalifa on September 04, 2017, 01:27:21 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?

actually I also spend full time for trading, although only monitor the movement of the market alone, the rest I spend on this forum to read all the existing forums to better understand and more understanding about the various coins.

When you intends to make something big, then you have to work some big. Same as, if you want some higher profits through trading then you have to give full time to it especially in start. Keep observing the market trends; make some wise moves at some lucky time.

davids

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Quote from: cp3mc on September 04, 2017, 01:31:43 AM

It's never true because when you don't trade how can you earn?

that's why there are people trading for short term and long term. This would really depend on what kind of trader you are. active traders really spend their times on doing trading but they must need good technical analysis for by setting up target and stoploss levels.

rivoke

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Quote from: cp3mc on September 04, 2017, 01:31:43 AM

It's never true because when you don't trade how can you earn?

You only trade if you've prepare for lossing especially bitcoin trading far more riskier than wall street that's why most bitcoin trader loss in long term. IMO , for long term , I'm suggest to hold it as long as possible

KingdomHearts

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Quote from: babsjoe on September 03, 2017, 12:19:20 AM

Active traders are the ones who spent their whole life learning how to trade. They are also responsible for big potfolio and they are very skillful. You can not be behaving like them neither should you trade everyday. It simply nit reasonable.

I think this is something which depends on whether Trading is your only source of income or you’re doing it as your side business. If you are only doing Trading, then surely you need to spend much of your times learning the new tricks in order to earn more. Otherwise, there is no need of spending your whole day in it.

cp3mc

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It's never true because when you don't trade how can you earn?

mia khalifa

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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?

actually I also spend full time for trading, although only monitor the movement of the market alone, the rest I spend on this forum to read all the existing forums to better understand and more understanding about the various coins.

guesswhat

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If you want to become an expert for trading, especially for daily trading, it's a must to spend excessive time on that. There is no other way around it to learn it and become an expert.

Once you achieve this, it will be very easy to earn money from daily trade.

Ayiranorea

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Quote from: coinplus on September 03, 2017, 12:42:10 PM

Quote from: d1ceplayer on September 02, 2017, 05:21:06 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?

Every investor should be disciplined and should learn the principles of time management in his/her daily lives, its not about spending much time trading, it is how much, how effectively you utilize the time you spend trading online

Time management and discipline is the key to success in practical life. Time is not only money but gold, diamond etc too. Killing time in useless activities means killing opportunities for learning new things, trying out what you learned etc.

As far as spending time at trading is concerned, I agree with you that what matters is in which way you spend your time, not how much you spend.

Time management is a must feature for an user who is with plans of making an bigger earning through bitcoin or any other means. With bitcoin time management needs to be very effective, because the growth happens very precise and some don't get the chance of getting at certain prices anymore.

bohr

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Quote from: filharvey on August 28, 2017, 08:49:58 AM

Spending more time in trading in initial stage is good as we can get good experience in trading.We could know the market conditions and price history of various coins by spending more time.But after gaining prior experience,there is no need to spend more time in trading.It is said that professional traders trade just two or three trades a month unlike newbies who even do thirty trades a month and despite spending less time,professional traders earn more than what newbies earn.

If you want to learn, spending a lot of time watching the charts is not necessarily the best idea, it is like the student that tries to learn the whole semester the day before the test, it is not going to work, so the best thing to do is to take it slowly watch the market only for an hour each day and try to determine what will you do in the current circumstances of the market and the next day see if you were correct about your predictions.

Victorycoin

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Quote from: finzyoj on August 26, 2017, 11:26:05 PM

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?

For me spending too much time is not totally bad. It is ok to spend a lot of time on trading as long as you know what are you doing, knowing better about trading and you can hold your emotion on it. Because i thought on of the factors/ things to consider to be a better trader is to spend a time on it. But ofcourse make sure that when spend your time on it you are gaining a lot of knowledge about it dont spend your time for a nonsense reasons

It helps much more to have a well defined trading plan in place and to follow same religiously. That way overtrading - your emotions taking the wheels, which is a consequence of hanging on to your trading platform for so long, can be avoided so you only get to trade when the criteria in your plan are met or no trade is made at all. That's how they become disciplined traders.

Would like to point out that while trading, you are supposed to be gaining in experience, the knowledge was meant to be there well before you set out to trade else you ain't ready yet to trade!

Topic: Don't Spend Too Much Time Trading? is that true? - page 26. (Read 17492 times)