Pages:
Author

Topic: life of a trader - page 27. (Read 30959 times)

full member
Activity: 364
Merit: 100
July 23, 2018, 09:33:29 AM
If we analyze the experience of famous traders, a simple conclusion arises: the life of a speculator is an endless struggle of emotions and logic, from which only the winner who recognizes mistakes is victorious. In addition, the biographies of famous personalities dispel the myth that working in a bank is simple and safe. As practice shows, not all hired traders withstand such a responsibility, as a result of which they start "in all serious", until the machinations are made public.
full member
Activity: 300
Merit: 100
July 23, 2018, 09:26:25 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

 traders life is quite emotional, sometimes you get mad and sometimes you are happy. when the matket is down traders sometimes get angry when the coin they are holding got dumped . there are also times that pumping season .
newbie
Activity: 88
Merit: 0
July 23, 2018, 09:23:06 AM
The trader should monitor the market 24/7! Even on vacation will have to work one way or another, otherwise you will fail.
jr. member
Activity: 275
Merit: 2
July 21, 2018, 10:28:19 PM
I used to experience such a thing is difficult to manage time with the real world, but over time I began to get used to the life of crypto and the real world. I suggest not to always look at every second and try to do other activities Smiley
full member
Activity: 378
Merit: 104
July 21, 2018, 10:22:17 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

Don't day trade, it is too time consuming and too stressful. I always recommend just buying into projects you believe in long term and holding.
member
Activity: 409
Merit: 10
Join @Bountycloud for the best bounties!
July 21, 2018, 10:20:28 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

I am just trader for in long-term investment. I buy and hold for about 1-3 months, so I don't care about the price fluctuations that happen everyday, so  I don't glued to my phone everywhere and everytime. I still do my main job. If you still do your main job, you should choose my way
member
Activity: 289
Merit: 10
July 21, 2018, 10:17:20 PM

Yes the same story and I can not tear myself away from the phone and this problem I decided I just leave the smartphone at home when I go for a walk or I drink beer in a bar.
newbie
Activity: 40
Merit: 0
July 21, 2018, 10:11:01 PM
normally if still have a stable employment, crypto exchanging action is done around evening time. so the division of his opportunity, morning to work, and night for exchanging. also, normally not totally to trade or (in the feeling of not substantial scale exchanging) as it is as yet centered around the activity too. on the off chance that full time for rading, they set out to spend enormous capital since it can watch and break down the condition of the market each time and throughout the day.
full member
Activity: 476
Merit: 100
July 19, 2018, 05:04:10 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
Yes, your situation is very familiar to me. When I was engaged in trading a few years ago, I found all the time for this occupation, always checked the prices and looked for some useful information. But this occupation hasn't brought big result to me, but has taken away huge amount of time therefore I have decided to finish with trading.
newbie
Activity: 46
Merit: 0
July 19, 2018, 04:29:29 PM
Set alert to your phone or email, so you will life as normal. And try to forget it.
sr. member
Activity: 840
Merit: 251
July 19, 2018, 04:23:23 PM
I say reasonable since the beginning of the trade will be a lot of curiosity for results and misgivings will be losses. but slowly things like this certainly will need the experience to be familiar with the situation. over time this could certainly be slightly reduced. so enjoy the process because trade also needs experience and knowledge. If in your everyday life then apply as usual only when there is spare time.
newbie
Activity: 81
Merit: 0
July 19, 2018, 04:14:19 PM
If you are checking your phone every 5 minutes, this is not a good sign. Because you are getting too emotional and you not sure about your trade. Try to stay aware of behavior like this. Just do trading when you have time for this, market always are full of opportunities, all you need is patience.
sr. member
Activity: 536
Merit: 251
July 19, 2018, 04:11:11 PM
For me, trading has become the main job. But I go to the exchange 2-3 times a week to open and close transactions. Otherwise, it can lead to nerve problems.
full member
Activity: 364
Merit: 100
July 19, 2018, 11:32:19 AM
There is a very good book by Jack D. Schwager Technical analysis. Suitable for both novice and professional. It is better to read it before you start trading.
full member
Activity: 309
Merit: 100
July 19, 2018, 11:12:31 AM
Trading is not viewing every 5 minutes quotes. This is a Clear entry point, a clear exit point and a limit of risk per trade.
full member
Activity: 348
Merit: 102
July 19, 2018, 09:27:24 AM
Yes im still holding my coins like ethereum, neo, litecoin and dash because i trully believe they will soar high within this year. We should not sell our coins at a lower price especially at this season of dips because we can get nothing but an investment loss only. We should wait and have some patience because that will leads us to success at crypto investments.
newbie
Activity: 51
Merit: 0
July 19, 2018, 09:17:48 AM
I can say that for beginners. If you are new these days, I think the most annoying aspect of the market is the continuous graph red and a good increase every fall. I think it's time to rise. Things will be good by the end of 2018.
newbie
Activity: 144
Merit: 0
July 19, 2018, 08:30:57 AM
When I initially began in crypto, I was attempting to make the greater part of the exchanges and catch every single here and there. I wound up losing in light of the fact that I simply wasn't great at it. I over exchanged and pursued green candles for quite a while. It likewise began to influence my rest since I would stress over what was going on finished night. I've since quit exchanging generally in light of the fact that the pressure that joined exchanging wasn't justified, despite any potential benefits to me.
hero member
Activity: 1568
Merit: 511
July 19, 2018, 08:04:56 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

Hello, as a past trader for over 2 year
I would like to say if you are trading with crypto to crypto, or crypto to fiat, as long as you hold the coin and even its value go down, you are pretty fine with it.
You don't need to glued yourself to phone every second because despite if market crash to $0, you still hold the same amount of coin

Unless you are dealing with margin trading which actually deduct your balance every X amount movement, you are required to play safe and you don't need to glued yourself too. Set stop loss and take profit range and you are done

Just, try not to attached too much of your time with trading unless you can, or else the emotions will affect your trading strategy
newbie
Activity: 93
Merit: 0
July 19, 2018, 07:59:54 AM
The trader has to work both night and day . It takes a lot of time to study the market . Organize your day properly .
Pages:
Jump to: