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Topic: How is a day of a crypto trader? - page 5. (Read 16313 times)

member
Activity: 1120
Merit: 13
October 28, 2018, 12:49:55 PM
#29
Day trading is really boring and stressful. When I was doing day trading I would be busy with my pc all day long that was really pathetic. You are very young in this sector so learn and watch senior guys how they work. At the same time try to research the market to have a better idea.
hero member
Activity: 2184
Merit: 531
October 28, 2018, 11:10:52 AM
#28
I think that daytrading is very stressful.I don't know how the professional traders deal with stress, anxiety.bitcoin within a short period of time with less gain.

The answer is easy. They usually get burned out pretty fast or need to take breaks from trading. Not many people can do it professionally in the way that it's their only source of income and if they are doing it, it's when they have a lot of money lying on the side. Most traders that I know do it on the side and have other jobs like running courses and speaking at conferences or having a youtube channel.
jr. member
Activity: 448
Merit: 5
October 28, 2018, 10:04:01 AM
#27
The trading for me is not good also lately my coin in always drops like syscoin and litecoin this altcoins is lossing me enough and I will switch to other coin to earn.
sr. member
Activity: 854
Merit: 250
October 28, 2018, 07:03:33 AM
#26
I think that daytrading is very stressful.I don't know how the professional traders deal with stress, anxiety.bitcoin within a short period of time with less gain.
Controlling emotions is really needed and the average professional trader is able to control it to get the right moment. they already have a lot of experience
copper member
Activity: 364
Merit: 0
October 28, 2018, 06:11:15 AM
#25
I think that daytrading is very stressful.I don't know how the professional traders deal with stress, anxiety.bitcoin within a short period of time with less gain.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
October 28, 2018, 05:56:58 AM
#24
How much time you spend on trading depends also if you are professional trader or not.
But in any case if you want to be successful and make profit you have to spend considerable time on the exchanges. Also you have to constantly watch all trends and changes on the market so that you can make right decision in a right time.
But day trading is not for beginers, too risky and too stressful with big chances to acumulate loss.
full member
Activity: 798
Merit: 100
October 28, 2018, 05:06:56 AM
#23
Hello everyone,
I'm new to the crypto world and have been trading for 2 weeks. I have a job in Marketing and trading is a way for me to earn extra money. I often focus on trading after work because I am quite busy at my office.
I'm very curious about how's your day going? anyone here is a full-time trader? When do you start trading? Do you look at the screen and read all the time? And if it's not too private, can you estimate how many percentages of profit you earn a day? ...



Day trading is stressful. As far as I know, a lot of traders analyse the market overnight decide on positions to take and wait for confirmations based on their analyses before making moves. I do little of trading, but it's mostly copy trading. I take positions and set appropriate stoploss and take profits areas. I check in on the trades when I have the urge to do so and when my mentor asks me to do so.
trading if you do an analysis in a long daily period will make it stressful. this can be done by choosing the best time to be used as a trading option and this can avoid stress for traders.
hero member
Activity: 2828
Merit: 518
October 28, 2018, 03:03:37 AM
#22
To make profit from crypto trading, we not need to spend full times because we can do swing trading by spend 1 hours a day,  but we should be have better risk management by use stop loss and trailing stop.  When bull market  swing trading will be more profitable than day trading.
Yes, not necessarily we spend whole day for trading but 1hr isn't enough by then. It should be better to check every now and then in order to track on your trades as our market fluctuates everytime.
I've never think traders have a good earning for now since bitcoin price seems to be stuck and altcoins isn't moving.
member
Activity: 462
Merit: 10
October 27, 2018, 09:10:49 PM
#21
Trading activity should be become second job and apart times because in trading we can not guarantee to earn profit. I working on office about 8 hours but i can do trading 2 to 3 hours aday. Trading is good way to earn extra money although the risk is high but by use management of risk and money possible to reach profit about 20% monthly.
sr. member
Activity: 812
Merit: 251
October 27, 2018, 08:07:41 PM
#20
Hello everyone,
I'm new to the crypto world and have been trading for 2 weeks. I have a job in Marketing and trading is a way for me to earn extra money. I often focus on trading after work because I am quite busy at my office.
I'm very curious about how's your day going? anyone here is a full-time trader? When do you start trading? Do you look at the screen and read all the time? And if it's not too private, can you estimate how many percentages of profit you earn a day? ...



If you do this as your extra income, well that a good start according to your situation dude.
To learn trading is not that really easy to understand, the basic things we need to find out is what to do to become a crypto trader?
Then, How to become a good trader? and last but not the least What are those things that we need to consider if you are in the actual trading
platform? With these question you need to know there answer first before anything else.
member
Activity: 476
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
October 27, 2018, 07:36:04 PM
#19
To make profit from crypto trading, we not need to spend full times because we can do swing trading by spend 1 hours a day,  but we should be have better risk management by use stop loss and trailing stop.  When bull market  swing trading will be more profitable than day trading.
hero member
Activity: 1414
Merit: 505
Backed.Finance
October 27, 2018, 05:03:06 PM
#18
The way I perform and see it, a typical day should be all about checking on the market and devising strategies as to when is the best time to exit or enter. This is a job that requires a lot of time

Its very stressful actually. When I am starting to learn trading, I am almost doing it 24/7. But slowly I am used to market movements that now I just check it on my mobile from time to time. Also, when the market start to become bearish, I just leave my crypto assets on hold.. until now for several months already.
full member
Activity: 756
Merit: 112
October 27, 2018, 05:01:01 PM
#17
I have not tried it in crypto, but I think it can be done by analyzing the market to place a position and check it later in the afternoon or wait 24 hours, and decide to stay or go out (through analysis also). You can save time and not be in the computer for long hours.
full member
Activity: 1736
Merit: 121
October 27, 2018, 04:54:49 PM
#16
Well most of my trading are done automatically. I make use of stop loss and take profit and I'm a day to day trader. So far I haven't suffered any major losses due to my strategy. And I have been trading close to 3years

 Grin You should be in good money and your explanation of using your strategy is the way to make profit with stop loss. I what you wrote but don't have merit to give.

Do you look at the screen and read all the time?


Doing that will lead you to taking wrong decision. The best thing to do is see your nice entry point, execute your trade with stop loss and take profit, close your system and get to do other things.
hero member
Activity: 2548
Merit: 572
#SWGT CERTIK Audited
October 27, 2018, 04:31:33 PM
#15
Hello everyone,
I'm new to the crypto world and have been trading for 2 weeks. I have a job in Marketing and trading is a way for me to earn extra money. I often focus on trading after work because I am quite busy at my office.
I'm very curious about how's your day going? anyone here is a full-time trader? When do you start trading? Do you look at the screen and read all the time? And if it's not too private, can you estimate how many percentages of profit you earn a day? ...


I am not a day trader that really active everytime, but i have friend that do that. His time only for trading,look for market, and less sleep and take a rest. Because market especially crypto market have high volume in midnight of my country. Day trader life is stressful if you want to wonder.
hero member
Activity: 1358
Merit: 513
October 27, 2018, 02:58:56 PM
#14
The way I perform and see it, a typical day should be all about checking on the market and devising strategies as to when is the best time to exit or enter. This is a job that requires a lot of time
hero member
Activity: 2324
Merit: 562
DGbet.fun - Crypto Sportsbook
October 27, 2018, 02:43:32 PM
#13
Hello everyone,
I'm new to the crypto world and have been trading for 2 weeks. I have a job in Marketing and trading is a way for me to earn extra money. I often focus on trading after work because I am quite busy at my office.
I'm very curious about how's your day going? anyone here is a full-time trader? When do you start trading? Do you look at the screen and read all the time? And if it's not too private, can you estimate how many percentages of profit you earn a day? ...



Have you participate in trading before or not.If you don't practice trading,you can start trading with the initial amount of 10$. Trading is easy to learn only by practice.You can't learn trading by the mean of any education. Day trading is the trading where the trader will buy and sell the bitcoin within a short period of time with less profit.
legendary
Activity: 2492
Merit: 1232
October 27, 2018, 12:39:37 PM
#12
As what you have said you are new in the crypto world, then you need to have a lot of research before engaging into that trading business.
Day trading is so stressful you need to look at the price movement in the market cap every now and then, and basically, you have a good analysis which better coin you must to picked and pump up at that day, so risky if you know. If I were you right now, much better to have a good research or better idea hire a personal coach on how to works in trading.
member
Activity: 392
Merit: 66
October 27, 2018, 12:17:06 PM
#11
I started trading a couple of month ago, just to learn something and hopefully earn something. My percentage is really low, 0.5 to 1 percent wins on the good days and as much losses on the bad days. Overall, not winning much and not losing much. I can't help you with professional tips as to how the day of a crypto trader goes, but I can tell you one thing: most of the time I feel stressed and not really great. I don't know how the professional traders deal with stress, anxiety, and anticipation, but it must take a toll on them too.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
October 27, 2018, 12:16:36 PM
#10
I used to do it but it took a toll on my health so I stopped. My day basically revolved around price alerts and I had my computer on 24/7. I had no real work and sleep times, sometimes I slept during the day and sometimes at night. When I got tired and I felt like the market is calm enough I had time to go to bed or do chores, but each time an alert let me know that there's a bigger move I had to run back to the computer and check it out. I slept light and the only time when I was able to take a break was when I gave myself a day off, went all fiat and forgot about trading. I got so tired that in 2016 when BTC was at its lows I took a whole year off and never went back to active trading.
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