release all burdens to avoid acute stress, avoid losses that
increase and multiply profits do not multiply losses.
Topic: I stopped trading. 3 reasons why. (Read 20698 times)
Yeah you're right but there's no success if there is no hardwork. Maybe it depends on the person but if you surrender that easy, you will not success. Try to continue what you are doing and your success will come for you.
Sometimes it is better to stop trading, because you just waste time and waste money. As you know only 5% of traders are gaining money on financial markets
It is a low number and it is true for the general financial markets AKA forex and company shares markets. I didn't see anyone who blalmed the market conditions for the low gains but everyone blames market due to losses. Trading is not profitable for people with low analytical skills. 
1) Too much stress.
Yes, I believe you understand me. My mood depended on one or another token value. I couldn't work sleep and eat. I was checking value for 15-20 times per day. I could not live like that any more.
2) Too much time.
Again, when you are checking value for 10-15 times per day it takes a lot of time. I was always tired and exchausted.
3) I started playing blockchain games (not gambling).
It could be called another addiction but I don’t care. I do like it much more. It interesting and funny. It seems like blockchain games take too much time and money. However, it’s not! Trading and bounty take waaaayyyyyy more!
UPD #1
I've noticed a lot of questions about blockchain games. Here is my games list on product hunt https://www.producthunt.com/@house_lama/collections/blockchain-games
UPD #2
There is a good blockchain shooter War Field. it’s 100% not scam so I can send it here. you can read details about this game here (I don’t send direct link to their website not to make them advertisement) https://gameunculus.io/blog/96
Yes, I believe you understand me. My mood depended on one or another token value. I couldn't work sleep and eat. I was checking value for 15-20 times per day. I could not live like that any more.
2) Too much time.
Again, when you are checking value for 10-15 times per day it takes a lot of time. I was always tired and exchausted.
3) I started playing blockchain games (not gambling).
It could be called another addiction but I don’t care. I do like it much more. It interesting and funny. It seems like blockchain games take too much time and money. However, it’s not! Trading and bounty take waaaayyyyyy more!
UPD #1
I've noticed a lot of questions about blockchain games. Here is my games list on product hunt https://www.producthunt.com/@house_lama/collections/blockchain-games
UPD #2
There is a good blockchain shooter War Field. it’s 100% not scam so I can send it here. you can read details about this game here (I don’t send direct link to their website not to make them advertisement) https://gameunculus.io/blog/96
It is interesting to note that one time consuming endeavor was replaced by another time consuming endeavor. But albeit you much like and is passionate about it. I know people who are into trading and has the mental capability to withstand emotional and mental stress because of it. I too still trade and is profiting from it not because I am constantly checking prices but because I have some methods I do that makes it effective. Good luck with cryptogaming and wishing success to all of us.
Trading is not for everyone, as this profession require you to be discplined, take risks, learn that you make mistakes and know where your limit. And not all of us can do that, as you are always under that pressure to lose your capital, of not you are trying to take it back because you have lost it.
The more profit based on trade depends on their skills. But I think trader day is also a hard work when constantly looking at computers
Yes, in fact, after talking with normal traders, they are one and all discouraged from participating in it. They constantly sit at computers, look at charts, reread many pages of news, this creates a lot of discomfort in life. And living on constant risks is just as hard on health and quality of life. I prefer to invest rather than trading, because I am not very patient and do not dare to speculate, I feel more comfortable with long-term investing
It is much easier to invest than to trade, because it is less time to track your coins, but if you are able to trade, the profit will be much more The more profit based on trade depends on their skills. But I think trader day is also a hard work when constantly looking at computers
I would add this as well: If i would have kept the bitcoin and ethereum i used to buy altcoin, at this stage i would have made huge profits... But you have to learn somehow
Sometimes it is better to stop trading, because you just waste time and waste money. As you know only 5% of traders are gaining money on financial markets
I think you need to learn trading for at least 2 years. Only then you can stop trading, there must be some experience for trading.
Sometimes it is better to stop trading, because you just waste time and waste money. As you know only 5% of traders are gaining money on financial markets
I've heard so much about how tasking trading is but I keep seeing people who enjoy it. I think developing a strategy is the best approach having trading pairs as well.
There is no reason to stop trading unless your assets no longer exist. That's the principle that I have used until now. Right now I'm starting to trade again, and I'm trying to trade daily. Because I want to have daily profits.
I can only say that effort will never lie to the results, what we do will definitely be the result in the end, I can say this because I myself have experienced it, at first I also felt very stressed and felt like I was wasting time, but after me get the results, I feel very satisfied
you are probably right. trading is very stressfull. but the reason that i dont usually trade is i can not follow the charts so often. i dont have time to spend infront of computer. so i prefer to buy and hold for long term.
people like you might be more profitable for long-term investment. because of daily trading or medium distance, it usually requires skill and time to analyze the market every day. if you don't have the time it's better not to take risks.
hard work = big profit
I also stopped trading because of the amount of my time it consumes, I wasn't able to focus on anything else and I still did not make convincing profits that is worth such time dedication, I start using trading bot which is easier and requires only setting it up.
you are probably right. trading is very stressfull. but the reason that i dont usually trade is i can not follow the charts so often. i dont have time to spend infront of computer. so i prefer to buy and hold for long term.
I prefer to invest rather than trading, because I am not very patient and do not dare to speculate, I feel more comfortable with long-term investing
It is much easier to invest than to trade, because it is less time to track your coins, but if you are able to trade, the profit will be much more Maybe you have chosen trading-day, this makes you tense because of consecutive losses for a long time? I see a lot of investors happily mentioning trading because they always get profit from it because they choose a long-term investment. That reduces loss and does not need to worry about risks. You need to learn about Altcoin and choose an Altcoin as a long-term investment option.
Of course, it is very good to invest in Altcoins. But for this you need to analyze a large number of coins and the market as a whole. So that investing in Altcoins is only suitable for experienced investors.
I agree with you, day trading is just too hard, stressful, and usually not worth it. I rather buy and hodl, and work a real job at the same time. Also it's boring, time consuming, and if you need a income regular job is just fine plus hodling... or you can get 2 jobs.. well i heard some people can earn a lot, but i'm not one of them, and also, they usually know things you don't, and also wouldn't tell you about it. because secret is a secret, or it's just knowledge/people he knows what will they do/are doing.
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