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Topic: Don't Spend Too Much Time Trading? is that true? - page 7. (Read 17492 times)

full member
Activity: 462
Merit: 101
If you trade within a day, then you need to constantly monitor and analyze the behavior of the market. And this is exactly what takes a very long time. Therefore, trade takes a very long time. But this time needs to be spent on analysis and control. And not to commit a large number of transactions.
jr. member
Activity: 87
Merit: 2
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?

yes it's true, too many trading may lead to too any mistakes
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
well, sometimes I trade at night, and it's like a very cool hobby. Well, spending a long time for trading I think is very useless, because the price can go up at least 24 hours, and you can see the difference. we can not determine the time of dump and pump, but spending time for trading will only make you stress. better order, and wait.
member
Activity: 518
Merit: 11
HODL
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?

Day trading must be very risky, and that is true that don't spend too much time in trading because it will make you greedy, your brain will be tired and you will make the wrong decisions. Trading is frustrating sometimes because you need to have patience on waiting till the price rise again.
Nowadays I almost do not participate in trade but invest in ICO projects because trade is too risky because the market volatility makes the crypto coin you invest seriously decreases that you can not respond promptly. ICO investment in my opinion is safer if you invest a lot of time to research and analyze the good projects to invest, you will buy the token with the lowest price and certainly when it is traded on the floor. The transaction will increase sharply.
full member
Activity: 625
Merit: 100
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, there is nothing wrong with Spending much time in trading, cause the good and well experienced traders are earning very well, due to some strong decisions they make and are able to deal with their emotions at the point of loss. So, if one can deal with all this, trading is the best part of crypto currencies.
hero member
Activity: 1750
Merit: 589
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?
There is certain type of trading that does not requires to much time for us in terms of managing. I think it will always depends on how we are going to manage our trading or what we type of trading we would choose on the future. For me investments in trading is quite necessary to consider for us to gain more profit a part on our earning but it does not mean we should take much time on trading.
full member
Activity: 196
Merit: 100
It is a totally wrong because without time spend nobody can learn trading, so if you don’t spend too much time with your trading you can’t doing trading and if you start trading without learn you can lose your money so you must spend your time with your trading hope you understand.
jr. member
Activity: 168
Merit: 3
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?

Day trading must be very risky, and that is true that don't spend too much time in trading because it will make you greedy, your brain will be tired and you will make the wrong decisions. Trading is frustrating sometimes because you need to have patience on waiting till the price rise again.
staff
Activity: 3206
Merit: 575
Join the world-leading crypto sportsbook NOW!
This is just my opinion, sometimes when the crypto-currencies trading market is in a very bad shape with huge price drops on bitcoin and almost most of the altcoins too, I would prefer to take a short break from logging into crypto-currencies exchanges to do trading, as it would only worsen my mood more by looking at the candle chart.
newbie
Activity: 20
Merit: 0
The quantity of time is not the real issue, the real issue is acting upon rational thinking or emotions, the latter being the path to disaster. As for the time, it very much depends the timeframe you are trading. If your trades are based on the daily chart, you really don't need to spend much time trading.
sr. member
Activity: 699
Merit: 438
No, actually trading is really taught job since your analytical and decision making skills is needed in order to success, therefore you need to spend lots of time to this in order to secure that the decision you will make is appropriate in the circumstances that you are facing right now.
hero member
Activity: 3010
Merit: 666
No, actually trading needs a lots of time. It is a timing consuming activity since you need to sure that all actions you will made are appropriate and not lead to a loss.
If you love trading and you are making money from it then I am sure you would not call it time consuming.
You spend a lot of time and that is alright because trading will eventually become your passion and the more you love it, the more chances
your will be more successful.
member
Activity: 85
Merit: 10
No, actually trading needs a lots of time. It is a timing consuming activity since you need to sure that all actions you will made are appropriate and not lead to a loss.
full member
Activity: 378
Merit: 100
You should have better time management for your trading activity, I think too much is not good as well as too less. Actually it depends on your needs, if you are still in a learning phase then the more time you spend the faster you learn. But if you are in earning phase, time management is really needed as you should spend your time to other activity.
hero member
Activity: 2730
Merit: 632
When I started to trade in forex, I rapidly discover how addicting this activity was: you live in a world of charts, japanese candles, exchange rates, and start to neglect family, friends and your own health.
When I risked a nervous breakdown, I began to discipline myself, and now I stay in front of the monitor a fixed number of hours.
Take care.
Which true, when you feel the excitement thinking that you are really good in assessing results then you will keep doing it again and again, you will be force to keep monitoring and keep yourself in front of your screen, you always wanted to see if your speculation will become true or if your assessment
will happen, having good decisions and making it possible will make you more hunger to use most of your time.
I cant say its hunger but this is somehow can be treat as a perseverance on what we do. Spending too much in trading isnt bad as long we do know on our priorities in life then it should be fine since we do know trading can really give the opportunity on making us financially free.This is the thing what most people are dreaming off since doing this thing isnt really very easy to achieve it takes time for you to learn it.
full member
Activity: 336
Merit: 107
Its not true. Well, it's not about how much time you are spending on trading. All that matters is that whether that time is spent strategically or wasted by hovering on various Altcoins available for trading. If you have the strategy on how to invest, on which Altcoin your money will be invested and for what duration trading in a particular cryptocoin is worthy, that's the part of trading.
member
Activity: 294
Merit: 11
Trading is first and foremost risk management. You have to trade according to the plan, which was made in advance.
After conducting a technical analysis, you must correctly put stop losses.You do not need to sit at the monitor and monitor the price constantly. Do not change your trading plan constantly
full member
Activity: 364
Merit: 100
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?
there is nothing wrong in spending too much time, in trading you need experience and that requires time. Just make sure that your time that you will be spending will be productive and profitable. In trading, you must never use your emotions because this is one of the factors in making a trade unsuccessful and it will be your loss. When you decide, think carefully not just once but many times in order to prevent unnecessary decisions. Spending time in trading also lets you study more about trading and learn new things that can help you in further trading.
member
Activity: 233
Merit: 10
I don't believe that's true like scalpers they scalp most of their day and only sleeps 3 hours and is awake because they scalp because they know that the market is volatile and if you don't watch it attentively you can lose it
sr. member
Activity: 1078
Merit: 256
When I started to trade in forex, I rapidly discover how addicting this activity was: you live in a world of charts, japanese candles, exchange rates, and start to neglect family, friends and your own health.
When I risked a nervous breakdown, I began to discipline myself, and now I stay in front of the monitor a fixed number of hours.
Take care.
Which true, when you feel the excitement thinking that you are really good in assessing results then you will keep doing it again and again, you will be force to keep monitoring and keep yourself in front of your screen, you always wanted to see if your speculation will become true or if your assessment
will happen, having good decisions and making it possible will make you more hunger to use most of your time.
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