Full time trading is boring - page 7.

Blackdeath

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Quote from: BuxCoin on January 10, 2020, 06:35:58 AM

One of the biggest cons of full time trading is being alone , boring sitting in front of computer watching charts data all the time from past 6 moths i am almost doing this and now because of this i am not able to focus on trades. i feel like quieting full time trading and go to job so i make some new friends and Socialness

what you guys do to avoid this biggest cons on full time trading

I think full time trading is a little boring because you don't have time to other activities that instead you are with your friends or playing video games, you need to watch the charts and do tradings for you to have a good profit. But i also think you won't get bored if you always make a earned good profit in your trades.

BlacksmithCorporation

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In the internet age, a lot of work will be similar to a trader, but I find that traders are not completely sitting all day looking at charts. I know some good traders but they still do other things, not quite full time. On the other hand, traders can work anywhere with an internet-connected smartphone.

sisule

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Quote from: Fatunad on January 16, 2020, 10:07:39 AM

Quote from: BuxCoin on January 10, 2020, 06:35:58 AM

One of the biggest cons of full time trading is being alone , boring sitting in front of computer watching charts data all the time from past 6 moths i am almost doing this and now because of this i am not able to focus on trades. i feel like quieting full time trading and go to job so i make some new friends and Socialness

what you guys do to avoid this biggest cons on full time trading

Taking a break once every week will do. Go out and treat yourself to avoid being bored with your daily routine. I know how it feels when you have to sacrifice your social activity but if you have a family it would make it less boring specially you all have the luxury of time to bond amd talk with them because you are a full time trader.

Enough just once week for taking break? I think need have schedule with our trading time start at the morning until evening and we enjoy our activities with family time in the night, at the weekend stop for trading how ever situation bitcoin on higher or lower price and keep make for family time by enjoy and refreshing.

Fatunad

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Quote from: BuxCoin on January 10, 2020, 06:35:58 AM

One of the biggest cons of full time trading is being alone , boring sitting in front of computer watching charts data all the time from past 6 moths i am almost doing this and now because of this i am not able to focus on trades. i feel like quieting full time trading and go to job so i make some new friends and Socialness

what you guys do to avoid this biggest cons on full time trading

Taking a break once every week will do. Go out and treat yourself to avoid being bored with your daily routine. I know how it feels when you have to sacrifice your social activity but if you have a family it would make it less boring specially you all have the luxury of time to bond amd talk with them because you are a full time trader.

alyssa85

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Quote from: desticy on January 16, 2020, 08:42:36 AM

Full trading has never been an easy and easy task. If you want to make money trading, you should treat this activity as a full-fledged job, and follow all the quotes you are interested in almost around the clock.
Obviously, those who really like this will eventually become truly powerful traders. However, not everyone is able to withstand this level of stress.

The diffculty is that cryptocurrency trading happens 24/7 365 days a year, even on Christmas Day.

Whereas trading stocks happens within set hours on weekdays (8 a.m. to 4 p.m. Monday to Friday), so you can actually treat it like a job and walk away from your desk when the market closes.

To achieve something like normality when trading crypto you need to have times where you close out all trades and take breaks for a couple of days where you force yourself to do something else.

AbuBhakar

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Quote from: desticy on January 16, 2020, 08:42:36 AM

Full trading has never been an easy and easy task. If you want to make money trading, you should treat this activity as a full-fledged job, and follow all the quotes you are interested in almost around the clock.
Obviously, those who really like this will eventually become truly powerful traders. However, not everyone is able to withstand this level of stress.

I know some who are into trading companies and that resign as they get too pressured when they are unable to gain in their investors account, he decide to trade on his own now in crypto and in forex too. Much better for him, no pressure by other, but only by himself. It's not boring when you trade many and you research them all.

desticy

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Full trading has never been an easy and easy task. If you want to make money trading, you should treat this activity as a full-fledged job, and follow all the quotes you are interested in almost around the clock.
Obviously, those who really like this will eventually become truly powerful traders. However, not everyone is able to withstand this level of stress.

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Quote from: bitzizzix on January 16, 2020, 04:31:47 AM

Full time trading does not mean you have to sit at the computer all the time 1 x 24 hours, if that's what you do, obviously you are bored because you also have to interact socially outside the house and do other activities that can entertain you to play or whatnot.
and you can still see or check trades on your cellphone if you are outside the house, and if you can do full-time trading producing good results in my opinion is not a problem and most importantly, you have to change your boredom in another way so that all needs are met.

Nah, that is absolutely boring and unhealthy lifestyle. Anyone who did this kind of lifestyle won't go longer stay in trading but to find another one.
Anyway, even though you don't spend a lot of time trading or you don't do anything aside from trading, in some times you'll need to have a break also. And that is what I think about OP, he probably needs a break and to find out if trading suited to him or not.

onrise

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Quote from: Lecam on January 16, 2020, 02:36:19 AM

Quote from: BuxCoin on January 10, 2020, 06:35:58 AM

One of the biggest cons of full time trading is being alone , boring sitting in front of computer watching charts data all the time from past 6 moths i am almost doing this and now because of this i am not able to focus on trades. i feel like quieting full time trading and go to job so i make some new friends and Socialness

what you guys do to avoid this biggest cons on full time trading

Much better if you have a full time job than trading you know that trading is not permanently. But why you are focusing in trading instead do find job maybe you get a good profit in trading that is why. But you can do this both you can work and then after work give 2-3 hours in trading you must be find a ways to do the same so that you cannot feel bored.

Trading is art which not everyone can be good at . Also in crypto it is highly risky as market fluctuates a lot and after your buy/sell it can move other ways around leading to losses if you do not have holding capacity . But if one can get it right you can make lot of money as well .

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Quote from: BuxCoin on January 10, 2020, 06:35:58 AM

One of the biggest cons of full time trading is being alone , boring sitting in front of computer watching charts data all the time from past 6 moths i am almost doing this and now because of this i am not able to focus on trades. i feel like quieting full time trading and go to job so i make some new friends and Socialness

what you guys do to avoid this biggest cons on full time trading

Nah, not really the case for me. You don't have to watch the charts 24/7 to get you feel bored. You could do other things while trading. 2-3 hours per day is more than enough for me. And regularly checking the price on my phone. Well, that's what I do actually. Because I clearly know that the alts I'm trading could take a few days or even week before I could make and exit point.

bitzizzix

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Full time trading does not mean you have to sit at the computer all the time 1 x 24 hours, if that's what you do, obviously you are bored because you also have to interact socially outside the house and do other activities that can entertain you to play or whatnot.
and you can still see or check trades on your cellphone if you are outside the house, and if you can do full-time trading producing good results in my opinion is not a problem and most importantly, you have to change your boredom in another way so that all needs are met.

chip1994

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Quote from: BuxCoin on January 10, 2020, 06:35:58 AM

One of the biggest cons of full time trading is being alone , boring sitting in front of computer watching charts data all the time from past 6 moths i am almost doing this and now because of this i am not able to focus on trades. i feel like quieting full time trading and go to job so i make some new friends and Socialness

what you guys do to avoid this biggest cons on full time trading

I used to have a hard time doing this. But I realized that when we get bored, we should reduce the frequency of working with computers and charts. Spend more time outdoors, it will restore your soul. I tried it and it worked, but we had to spend a lot of time working on charts. For example, we should take good care of our soul and our health, then work on the chart. You just need to do well to be mentally good and looking at the chart is really easy and fast. You will even make better and more accurate decisions.

Janation

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Quote from: Lecam on January 16, 2020, 02:36:19 AM

Much better if you have a full time job than trading you know that trading is not permanently. But why you are focusing in trading instead do find job maybe you get a good profit in trading that is why. But you can do this both you can work and then after work give 2-3 hours in trading you must be find a ways to do the same so that you cannot feel bored.

What do you mean by trading is not permanent?

Trading is permanent may be what you're saying that is not permanent is the thing being used in trading. I can say that it is permanent since we will be doing that trading as long as we live. Just by simply buying things, you can consider that as trading.

Lecam

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Quote from: BuxCoin on January 10, 2020, 06:35:58 AM

One of the biggest cons of full time trading is being alone , boring sitting in front of computer watching charts data all the time from past 6 moths i am almost doing this and now because of this i am not able to focus on trades. i feel like quieting full time trading and go to job so i make some new friends and Socialness

what you guys do to avoid this biggest cons on full time trading

Much better if you have a full time job than trading you know that trading is not permanently. But why you are focusing in trading instead do find job maybe you get a good profit in trading that is why. But you can do this both you can work and then after work give 2-3 hours in trading you must be find a ways to do the same so that you cannot feel bored.

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Quote from: Findingnemo on January 15, 2020, 11:35:55 AM

Quote from: cryptoangel on January 15, 2020, 11:01:50 AM

snip~
Professional traders are having more techniques in trading platform so they never think boring and everyone handle the emotions. But every investors are take risks because of future possibilities are hard to predict so some peoples are think like that. Experienced investors are survive all the time and calm for all the time.

Lack of patience, while trading is the only reason for people not getting enough profits and OP, has been involved in daily trading so he also has same issues,changing the trading style from day trading to mid or short term can be a good solution.

It wasn't just lack of patience i guess. Maybe he had lack of motivation and had no improvement. There are a lot of traders whom had been onto trading for years yet still not that bored. Simply because they love what they are doing and constantly studying about the changing market. Full-time trading must be fun as it was like an entrepreneur with his own business yet only on the digital world. Despite the fact that sitting alone on house while trading is indeed sad, there are a lot of solutions such as make friends and teach them how to trade. One example is Mr. Beast on youtube whom are also onto crypto with his friends and been full-time onto it.

error08

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Full time doesn't mean have to do it hours and hours continuously, take a break and do something else.
don't do it alone, find some friends who trade as well, create a group to share experience, knowledge, and information.

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Quote from: BuxCoin on January 10, 2020, 06:35:58 AM

One of the biggest cons of full time trading is being alone , boring sitting in front of computer watching charts data all the time from past 6 moths i am almost doing this and now because of this i am not able to focus on trades. i feel like quieting full time trading and go to job so i make some new friends and Socialness

what you guys do to avoid this biggest cons on full time trading

if you really love trading, you will be happy. not all time happy but the most of time to use trading you will be happy. for me if i am feel boring, i always remember for my purpose in this cryptocurrency and my daily need its rarely happen to me because i love trading

ussually if boring really happen to me i will take time to use holiday and bring my trade, so its mean keep trade with new view

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Quote from: kodtycoon on January 15, 2020, 12:50:35 PM

does not mean full time trading requires us to stay for 12-24 hours in front of the computer because it is a wrong practice, still to take your time for other social activities so that your body moves more even though your brain is always thinking about where the market movement will happen. no one is forcing you to stay in the room, because you are aware of doing that which means you choose the method yourself. so consider it more wisely

That's true, full time trading means the job we have is trading, the time is not 24/7, I can consider it as working time, I took 3-6 hours/day on trading screen, I can't say I do full time trading because I have business to do. The other activities that can be fun and add insight about trading is joining the traders community, we can talk about trading experience, doing sport together, we have a social activities there, I'm sure it won't be boring anymore.

FLoving

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Quote from: Findingnemo on January 15, 2020, 09:53:43 AM

Quote from: BuxCoin on January 10, 2020, 06:35:58 AM

One of the biggest cons of full time trading is being alone , boring sitting in front of computer watching charts data all the time from past 6 moths i am almost doing this and now because of this i am not able to focus on trades. i feel like quieting full time trading and go to job so i make some new friends and Socialness

what you guys do to avoid this biggest cons on full time trading

So basically you are doing day trading and its kind of really stressful and will be more stressful if you are not making enough profits that you are expected from it. But if you are bored being alone then try to have habits like pets keeping or any kind of things which can be done alone.

Yeah that habit may reduce your boredom while doing long term trading. The better option will be that if you start a livestock farm then you will earn from both places, one will be from your long term trade and the other will be from your farm and as the farm will give you money to feed your family so you will not withdraw your coins and will hold for longer time.

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Quote from: The Sceptical Chymist on January 12, 2020, 12:12:16 AM

Quote from: mk4 on January 10, 2020, 06:40:52 AM

Why not just go out with friends and socialize after like x hrs of trading or so?

That might be a sound idea, but I suspect that day trading tends to select for loners who might not have a rich and active social life to fall back on when they're not glued to the screen. That certainly might not be true for all of them, but I bet it's true for a lot of them.

I'm not sure I could trade as a full-time job, and it's not just the isolation and eye strain--the market can be a harsh mistress at times, and trading has been known to drive people insane, just like gambling. Most importantly, it's just a way to make money (if you can do it). IMO it's much better to have a job where you're actually doing some good in the world and something you enjoy. Some folks might actually enjoy trading all day long, but not everyone as OP has demonstrated.

And OP, if you actually find trading to be boring I would quit as fast as you can and don't look back.

People of all walks of life try to become traders but the majority of those which are able to survive long enough in the market to learn how to trade and to obtain profits are as you say loners, an extroverted person will go insane in just a few months if he tries to become a day trader, the only ones that can do that are those that can remain concentrated for very long periods of time without anything distracting them, so an extroverted person will most likely fail or just give up day trading even if he is profitable.

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