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Topic: life of a trader (Read 30956 times)

jr. member
Activity: 196
Merit: 1
November 22, 2018, 03:28:50 PM
Actually this is because u just have started trading that's why you are panic about each and every move of coins by the time you will understand the time frame also then you will feel free and yes the mind of trader should also be relaxed and he should know how to control the emotions.
member
Activity: 518
Merit: 10
November 22, 2018, 03:08:24 PM
Read more about the psychology of the trader, just learn the strategy and you will not be buried in the screen round the clock , learn swing trader !
full member
Activity: 378
Merit: 100
November 22, 2018, 02:42:43 PM
The life of a trader is not very simple. He should be constantly in attention, analyze the latest trends and follow the news. And this is not always profitable.
sr. member
Activity: 412
Merit: 250
November 22, 2018, 02:34:34 PM
you're looking at your phone every second because you broke the investor rule. you're probably risking money that's not yours. that's why you worry
copper member
Activity: 238
Merit: 0
November 22, 2018, 05:24:01 AM
Trading is not an easy task, because you need always to stay calm and to be patient, otherwise you will lose a lot of money and it is going to happen fast. Moreover, trading should be learned and any unexperienced newbie that enters the trading sector, should learn how to trade for at least several months.
jr. member
Activity: 168
Merit: 1
November 21, 2018, 07:44:30 PM
Every second is not worth watching for this time, little can change , expect that you buy for a week or two of market activity , well if you are a scalper then of course you have to sit behind the screen
full member
Activity: 421
Merit: 101
November 21, 2018, 07:39:04 PM
Daily trading makes a good profit but you need to focus and be consistent, if you miss anything, you may getting losses and also high risks are to be expected in trading
jr. member
Activity: 182
Merit: 2
November 21, 2018, 07:35:57 PM
please i need advice from those traders have has been in the business for long, how do you combine it with your other normal life activities , i mean cryptocurrency trading , i just started and am glued to my phone every second , advice will be appreciated  Grin Grin Grin Grin

In order to be a successful trader, one should put their heart to it. You should always be alert and attentive when the you watch the market value of the coins that you mainly look at. Trade on day trading because some opportunities arises so quickly.
jr. member
Activity: 154
Merit: 1
November 21, 2018, 07:33:41 PM
I can tell you that trading in the cryptocurrency market is very dangerous and you can hardly make money on it
full member
Activity: 462
Merit: 100
November 21, 2018, 07:31:35 PM
It is very hectic in general, you constantly have to be aware of the market since each second by each transaction the market is changing, and because you have to make a profit on a short term basis, you are constantly changing between coins. I spend almost 16-18 hours of my day on crypto I am doing it as a full-time work.
sr. member
Activity: 2240
Merit: 270
SOL.BIOKRIPT.COM
October 25, 2018, 06:18:16 PM
At first glance, the life of a trader is very simple and interesting, as a trader can travel the world and work from anywhere where there is the internet. But sometimes his life is hard labor when you need to sit in front of monitors and monitor the entire market and trade.
Do not forget that the trader also needs to rest , but when the market is moving many may not even sleep for several days. Many of my friends engaged in trade and their nervous system is in my opinion suffers from it. How can I control myself when the market is not very stable?
Taking profit as normal investor is what am familiar with and is adoptable.Daytrading is mostly what traders do here and very difficult if experience is not there. Most advisers here may not be keen traders or day trader but just read about it once a while. It is not different from gambling and loss is regular
jr. member
Activity: 140
Merit: 1
October 25, 2018, 10:59:52 AM
Hi, everybody. Wink  Always morally it is necessary to be ready to risk to lose money. And to determine the time for trading and for a normal life.
legendary
Activity: 1876
Merit: 1003
January 31, 2019, 02:37:10 AM
please i need advice from those traders have has been in the business for long, how do you combine it with your other normal life activities , i mean cryptocurrency trading , i just started and am glued to my phone every second , advice will be appreciated  Grin Grin Grin Grin
looking at the phone every time and checking price when I had free time.
that's used to be a habit to me, but I gave up. even the most patien person can not handle a long - big dump like his year
Addiction is not good for health especially for traders who can't control emotions while staring at charts. Just turn off the phone/pc after job is done and go walk. Patience is virtue,my friend.
jr. member
Activity: 196
Merit: 1
Ternion | Hybrid Crypto Exchange with fiat gateway
January 31, 2019, 02:37:01 AM
please i need advice from those traders have has been in the business for long, how do you combine it with your other normal life activities , i mean cryptocurrency trading , i just started and am glued to my phone every second , advice will be appreciated  Grin Grin Grin Grin

No not really, in trading I guess i am alloting some time in trading and doind other things in different time, it was so difficult to do the same thing at the same time, at this reason, we should put our full effort to this.
member
Activity: 287
Merit: 10
January 31, 2019, 02:32:53 AM
The first you have to learn to analyze the direction of the market. This can be done by looking at candles or other techniques such as Support and Resistance. If you have mastered both, you no longer need to be at the computer at any time.
full member
Activity: 504
Merit: 100
January 31, 2019, 02:14:25 AM
to become a trader you have to prepare yourself mentally as well as your strategy so that your time will not run out just to trade and most importantly you have to determine your profit target so that you will not be carried away by emotions to pursue excessive profits and ultimately you will get a loss. actually, if you have done it for some time later you will know when the right times to trade so that you will be able to share your time easily.
Each trader and investor, each miner, especially all the beginners should know beforehand that the market has sometimes very long periods of depression. That is why it is always important to have a  stable income.
full member
Activity: 574
Merit: 102
January 31, 2019, 02:02:54 AM
to become a trader you have to prepare yourself mentally as well as your strategy so that your time will not run out just to trade and most importantly you have to determine your profit target so that you will not be carried away by emotions to pursue excessive profits and ultimately you will get a loss. actually, if you have done it for some time later you will know when the right times to trade so that you will be able to share your time easily.
full member
Activity: 854
Merit: 102
PHORE
January 31, 2019, 01:39:03 AM
now it's very hard to trade now because I can get a lot of profit from trading in the past because bitcoin is higher and then I bought a potential coin and that I hold it on 1week because I was given the signal of my barkada That will buy if the coin is purchased if the coin was xvg I bought at 100sat and 1k increased to 10x my profit when I was first nervous because I was not sure what to buy coin but I confident myself to earn a coin that it's risky to trade so it's better to research a potential coin first so you can not lose it and end up losing a lot of trading losses because it's not too good to trade and repay from trading for those who are planning If you are trading please research what coin is good to buy and hold for sure that you will earn as much as just trading in a gamble just gamble to earn.
full member
Activity: 504
Merit: 100
January 31, 2019, 01:23:23 AM
When I started trading with crypto currency I could not tear myself away from the computer for everyday business but after a while I stopped monitoring the market every 5 minutes.
member
Activity: 398
Merit: 10
November 22, 2018, 03:27:12 PM
please i need advice from those traders have has been in the business for long, how do you combine it with your other normal life activities , i mean cryptocurrency trading , i just started and am glued to my phone every second , advice will be appreciated  Grin Grin Grin Grin
looking at the phone every time and checking price when I had free time.
that's used to be a habit to me, but I gave up. even the most patien person can not handle a long - big dump like his year
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