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Topic: Don't Spend Too Much Time Trading? is that true? - page 9. (Read 17492 times)

full member
Activity: 325
Merit: 100
Indeed, trading requires time, but the time is supposed to be spent on observing the coin and analysis of the market, not on the trade itself that you've already entered. Spending much time in an open trade, gives room for emotions to set-in, which is always not an ideal act in trading. You can spend much time trading but not in a trade.
Trading requires our time, and I don't think that we will become profitable in trading if we don't have much of our time especially that we need to watch the flow of each coin that we wanted to have, so if you really wanna become expert in trading then you should be able to give time and effort before you will finally come up with your own strategy.
full member
Activity: 602
Merit: 102
Indeed, trading requires time, but the time is supposed to be spent on observing the coin and analysis of the market, not on the trade itself. Spending much time in an open trade, gives room for emotions to set-in, which is always not an ideal act in trading. You can spend much time trading but not in a trade.
hero member
Activity: 1666
Merit: 502
Yes it is true, I personally if keep seeing the market it will increase our emotions even we can make a great mistake, but it depends how we can control ourselves, and if you feel like that now there is a solution that is bot.
sr. member
Activity: 350
Merit: 250
if you do not follow the market frequently, you can lose the news and your chance. So, following the market and keeping calm are 2 things you have to do together.
full member
Activity: 434
Merit: 100
All the people are not same minded. Some people spend their much time in trading and some are not. They spend their time in trading because they research market, analyzing market value, learning how to earn much money. I think spend of much time are passion of a trader.     
member
Activity: 686
Merit: 10
It is false because there many people daily spending more time on trading because they invest their money into different coin and they will observe the market until they make the profit on it. Some people will learn the new thing when they spend more time in the market.
newbie
Activity: 56
Merit: 0
It really depends on a person. I cannot imagine myself trading the whole day. It is too stressful, too much risk. I'd rather do my regular job that I like a lot, and that does not make me panic or freak out.
member
Activity: 294
Merit: 10
It is a fake, It is not true if someone want to start trading and if they don’t know about crypto currency trading he must need to spend too Many time to learn Trading. If you don’t spend too much time with trading you can’t start trading and you can’t make a profit with trading.
full member
Activity: 196
Merit: 100
trading is not as simple as people think.its an art.you learn each and everyday do mistakes a lot in emotions and fear.Never be greedy ,get rid of a trade when you 20 to 30 percent profit and dnt look back.Purchase a coin at 3 different prices when it dumped.First secure your trade amount then extend trade time to get profit ..ONE thing mistakes are much common in trading so just learn things with time .markket fluctuate everyday so you have to be very tricky with it .
full member
Activity: 616
Merit: 103
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It depends of what kind of trader are you. If you are a weekly trader so there's no need of too much focus of time but if you are a daily trader so you must focus to it to gain more profits or losses.
member
Activity: 140
Merit: 15
Daily trading really takes a lot of time and pressure because of the volatility of coin. So I prefer hold me coins for a long time.
agreed, and besides i don't see any problems with giving so much time on trading because what OP's problem is not being emotionally stable when there is a dip to his coins, i think everyone should prepared for the worst when it comes to trading in order to accept loss and stop your self by trading immediately.
I think if you are in to trading you should know that there is always a risk in all types of trading investment. Because the changes is much more likely to happened. Hence we should think positively the way that it may Serve as a good reason for us to make the most out of our tradings to earn more and to have a bigger profit in the future.
full member
Activity: 378
Merit: 100
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Daily trading really takes a lot of time and pressure because of the volatility of coin. So I prefer hold me coins for a long time.
Well that is true, because right now there are so many coins that is dumping very high and i know that it is not the time to trade or too spend too much time on trading, and for me we should wait until the perpect time will come before we spend too much time in trading.
jr. member
Activity: 85
Merit: 1
The best way to trade is to actually do it the least number of times with the highest potential gains. That way, you can still have time for the more important things in life.
member
Activity: 140
Merit: 15
Daily trading really takes a lot of time and pressure because of the volatility of coin. So I prefer hold me coins for a long time.
I think time trading or day trading is very time taking and riskey according to my thoughts. I myself do not spend too much time trading, because i think if you see too much statistics or graphics it will make us emotional and have an impact on our health. Limit your trade and spend time on other things, do not focus and spend time trading.
full member
Activity: 350
Merit: 100
Well as i see crypto value are getting worst, perhaps it affects the sudden fall of bitcoin in cryptomarket, It is better to hold first your alt coin and patiently wait until it recovers when the time comes.
sr. member
Activity: 462
Merit: 250
Daily trading really takes a lot of time and pressure because of the volatility of coin. So I prefer hold me coins for a long time.
agreed, and besides i don't see any problems with giving so much time on trading because what OP's problem is not being emotionally stable when there is a dip to his coins, i think everyone should prepared for the worst when it comes to trading in order to accept loss and stop your self by trading immediately.
Actually its a problem for some of the traders who keeps on watching the price every minutes or hours, it cause a panic selling or panic buying in worst conditions. No one knows until when will be this bearish will end in the other hand it takes time for the market to recover no matter what it will be bullish on this march. IMHO.
member
Activity: 294
Merit: 11
The time should be used constructively. There are traders who do day trade.But not necessarily to trade all day to get profit. Classic traders use most of their time on market research and analysis. They take the right decisions. They properly allocate stop-loss. They begin trading only when you know when to buy or sell. They do not trade all day.Just put in orders to buy or sell
hero member
Activity: 1246
Merit: 529
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Daily trading really takes a lot of time and pressure because of the volatility of coin. So I prefer hold me coins for a long time.
agreed, and besides i don't see any problems with giving so much time on trading because what OP's problem is not being emotionally stable when there is a dip to his coins, i think everyone should prepared for the worst when it comes to trading in order to accept loss and stop your self by trading immediately.

Well for some people, its just about money and the profits. They think its that easy since if you look at how traders do it, its just buying low and selling high. But it takes more, a lot more than that. Day trading especially. You can't keep yourself away from your computer if you're day trading. One missed trade and you can lose a lot of money since some coins have very quick change of movement
full member
Activity: 196
Merit: 100
Daily trading really takes a lot of time and pressure because of the volatility of coin. So I prefer hold me coins for a long time.
agreed, and besides i don't see any problems with giving so much time on trading because what OP's problem is not being emotionally stable when there is a dip to his coins, i think everyone should prepared for the worst when it comes to trading in order to accept loss and stop your self by trading immediately.
member
Activity: 205
Merit: 10
Daily trading really takes a lot of time and pressure because of the volatility of coin. So I prefer hold me coins for a long time.
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