Guys, let me introduce to you trading bots! You no longer need to check all the time since when you use trading bot, you just choose what strategy will your bot do. I got a free subscription for 2 months given by Wolfpackbot. It's actually my first time using a trading bot and so far so good with no stress at all! I don't know the risk using a bot except if the bot you're using will steal your funds.
I'll just leave the link in case some of you want's to try it out. Not sure if the free 2 months subscription is still available. And also, the bot currently trades at Binance only for now since they are still on development.
Wolfpackbot Official Site: https://www.wolfpackbot.com
Topic: I stopped trading. 3 reasons why. - page 19. (Read 20687 times)
Trading is very good but the stress is too much, like you need to keep checking on the price of tokens like 20times in a day so as not to miss out on pump.
Active trading is not for everyone, it could be energy sapping and emotion drainer. People should know their strengths and weaknesses, personally for a while I decided to stop active trading and went passive, just use the 4h to 1D chart, place a stop loss and sell when the target is hit, this may take few days to a week or weeks.
That's your job if you are a day trader, but if you are into short term like selling it for weeks of months, you don't do that everyday.
Monitoring the price and the market is necessary for every trader, day trading is more demanding and could be stressful for some but if you love your job, I think you won't feel that, especially if you are seeing the results.
I tried to trade. I want to tell you that this is a very large psychological burden. Constantly worry about their rates for the sale or purchase. Monitoring the price and the market is necessary for every trader, day trading is more demanding and could be stressful for some but if you love your job, I think you won't feel that, especially if you are seeing the results.
I completely agree with you, any trader should spend a lot of time in the computer and constantly study various news and monitor the cryptocurrency market, and this should be monitored every day and stress constantly accumulates, so not everyone will be able to endure it.
That's your job if you are a day trader, but if you are into short term like selling it for weeks of months, you don't do that everyday. Monitoring the price and the market is necessary for every trader, day trading is more demanding and could be stressful for some but if you love your job, I think you won't feel that, especially if you are seeing the results.
Trading is really stressful and takes a lot of time. But if you are a day trader, you have to be monitoring the price of your tokens all the time before you can make any profits. If you make up your mind that you wanna get involved in trading, then get ready to be stressed up.
I completely agree with you, any trader should spend a lot of time in the computer and constantly study various news and monitor the cryptocurrency market, and this should be monitored every day and stress constantly accumulates, so not everyone will be able to endure it.
I agree with you, if you are an unexperienced/uneducated like me it is very stressful 
Nowadays, I'm intrested in pos/dpos based projects. They are less stressful for me.
Nowadays, I'm intrested in pos/dpos based projects. They are less stressful for me.
As for me i still trade and am really enjoying it real good but one thing we all should know is that trading is not easy and one need to be observant while embarking on it .
You may have chosen the wrong strategy. Because this is the first time I've met someone who's been so hampered by trade. A lot of people get a lot of money trading crypto, and stress, wasting time does not scare them, because it is worth it.
I support you and I want to add that you need to trade in the amount that you don't feel for losing and which will not hit your budget. Good analytical reviews that help u with trading can be found on many sites. I tried to test Coinediction and I can not say that the services are convenient to use even though the design seems simple. Predicting the behavior of cryptocurrency in the market is not an easy task, and here it is important to see how an experienced analyst makes a report and compare it with the crypto exchanges.
I would not trust the predictions, even though my personal experience is not that big. The dynamics of cryptocurrency is convenient to follow the exchange reports and the results of trading and to make forecasts yourself. Now there are a lot of scammers, and I don't want to be deceived.Good analytical reviews that help u with trading can be found on many sites. I tried to test Coinediction and I can not say that the services are convenient to use even though the design seems simple. Predicting the behavior of cryptocurrency in the market is not an easy task, and here it is important to see how an experienced analyst makes a report and compare it with the crypto exchanges.
I would not trust the predictions, even though my personal experience is not that big. The dynamics of cryptocurrency is convenient to follow the exchange reports and the results of trading and to make forecasts yourself. Now there are a lot of scammers, and I don't want to be deceived. Good analytical reviews that help u with trading can be found on many sites. I tried to test Coinediction and I can not say that the services are convenient to use even though the design seems simple. Predicting the behavior of cryptocurrency in the market is not an easy task, and here it is important to see how an experienced analyst makes a report and compare it with the crypto exchanges.
Predicting how cryptocurrency will lead, even for experienced traders, is a challenge. Therefore, a certain one recipe cannot exist, otherwise we would all have been enriched. So constant self-education and monitoring of the situation will help keep you alert
I understand you, there was a friend of mine that got into the same problem, sitting at his desk all day and night looking at charts... now he has health issues and can't be at his desk more than a couple hours per day...
I think the problem here is exageration... trading can be like any other activity if you take it more lightly...
At the beginning I was also falling into the stress hole, but I was lucky enough to realise that on time, and now I just forget about my sell orders and just check them with a couple of days interval...
I think the problem here is exageration... trading can be like any other activity if you take it more lightly...
At the beginning I was also falling into the stress hole, but I was lucky enough to realise that on time, and now I just forget about my sell orders and just check them with a couple of days interval...
Good analytical reviews that help u with trading can be found on many sites. I tried to test Coinediction and I can not say that the services are convenient to use even though the design seems simple. Predicting the behavior of cryptocurrency in the market is not an easy task, and here it is important to see how an experienced analyst makes a report and compare it with the crypto exchanges.
Predicting how cryptocurrency will lead, even for experienced traders, is a challenge. Therefore, a certain one recipe cannot exist, otherwise we would all have been enriched. So constant self-education and monitoring of the situation will help keep you alert
Good analytical reviews that help u with trading can be found on many sites. I tried to test Coinediction and I can not say that the services are convenient to use even though the design seems simple. Predicting the behavior of cryptocurrency in the market is not an easy task, and here it is important to see how an experienced analyst makes a report and compare it with the crypto exchanges.
Well i know what you feel OP, it's too much stress especially if you hold a big amount of coins for trading and also you need to up to date about crypto news or news for the token that you hold everyday. Daily trader usually takes more time and need always check the chart market every minutes. Full time trader always don't have time about something else imo, i mean they need to focus.
I also do not trade due to the fact that you always have to be online and monitor the situation on the market is so tiring. Another thing is just investment.
If you cannot handle your emotions when you see the market`s falls down, Because we will facing many difficulties and there is no guaranteed that we can make a profit every time. While the market is permanent like today, you can stop some time and do another thing instead.
Emotions and lust are indeed complex problems for traders. especially if they are new to trading or introduction. so in my opinion this is indeed a natural thing. but what is clear is that they must continue to learn and also train themselves to be more patient when they are in a position.
Yeah it brings so much stress. From tons of charts to analyze to market volatility. Theres alot of things to consider thats why many people find it stressful. Simply patience is not enough to attain high goals. Its a never ending process of learning for us.
Jump to: