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Topic: life of a trader - page 54. (Read 30979 times)

jr. member
Activity: 224
Merit: 6
The revolutionary trading ecosystem
April 26, 2018, 07:03:22 AM
If you want to trade without nerves and take profit - you should only deal with this

Life of trader is very risky because it is involving money. If you are not knowledgeable enough of this process you might be lost of what you have in your portfolio. So it is better to do things one at a time to get it done perfectly.
sr. member
Activity: 882
Merit: 250
April 26, 2018, 06:47:21 AM
I think that experienced and successful traders do not work for another job. Why should they spend time on this when it is possible to earn much more in this sphere?

Probably you are right, but I know many good and successful traders that have another job. They manage to combine these activities. However, I must admit that these people use too much time for this work.
newbie
Activity: 266
Merit: 0
April 26, 2018, 06:04:59 AM
the suggestion for you is to read more in trading requires good patience and emotion, hold your coin and sell it in the right moment.  Wink
member
Activity: 196
Merit: 10
April 26, 2018, 05:55:17 AM
you need to decide how much time you will spend in the trade.
newbie
Activity: 146
Merit: 0
April 26, 2018, 05:51:22 AM
With regard to being a trader you need to be mindful of time and you need to be updated everytime so having a data is a must, most specially if you will be a day trader. For getting a coin, i recommend watching the trend because if the price goes down yoy can buy any coin even this is a bit useless because when the price goes up again I'm sure that you will earn at 2 or 3 times.
full member
Activity: 238
Merit: 100
April 26, 2018, 05:38:37 AM
This is a very difficult task that requires a lot of time, effort and nerves, but if you learn that you will earn really big money ! Cool
jr. member
Activity: 292
Merit: 2
April 26, 2018, 05:36:07 AM
I often look quotes but try to go less on the exchange. Most of my trades take place when a very attractive cryptocurrency is at a very low bracket itself that is very cheap , and there are a lot of events. In a growing market it brings a very good profit, and falling helps to buy promising coins and sell after reversal of courses cryptocurrency.
full member
Activity: 350
Merit: 171
April 26, 2018, 05:28:38 AM
I am sure that in normal life the changes in the market are not so fast so that they do not have to deal so much with the market. I suggest the same for the crypto economy. I'm trying not to look at the market unless I think about selling it.
newbie
Activity: 100
Merit: 0
April 26, 2018, 05:25:32 AM
My life is a way of life, and I like to get along with all kinds of interesting things, because we need to work on all kinds of products, including all kinds of products and products. All kinds of products must be able to meet your needs and provide you with suitable products.
member
Activity: 144
Merit: 10
April 26, 2018, 05:25:12 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
Do what you can manage. It's important to keep your job but also make sure that everything that you in crypto is well organized and one place for everything here might be lost if you forget things . I think that being systematic is one of the key factors to keep yourself on track while doing trading in crypto. There's so much to read in this forum and so many information you need before uyou really invest, i think long term investment is also better for the likes of us.
member
Activity: 252
Merit: 13
https://eloncity.io/
April 26, 2018, 05:17:22 AM
I take a certain amount of time each day to check the prices and trends on the trading website. I don't do much more frequent short-term transactions.
full member
Activity: 658
Merit: 101
April 26, 2018, 01:04:05 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
its not good to keep looking on your phone and check the market price every time. Juat make a schedule when you should look into it and when you have to do trading. Too much time checking price could make you afraid and doubt when its going down. The best way to invest is you should know how much you wanna gain and dont be greedy. You have to set your goal base on fact and reality.
newbie
Activity: 34
Merit: 0
April 26, 2018, 12:56:57 AM
I tried my hand at trading in 2017 and was doing okay...then came 2018!   I did do some reading and in order to have a life, some of the gurus I read said, pick one or two days a week and that is the day you trade.  I am still trying to learn how to read the charts and figure out the candlesticks.
member
Activity: 504
Merit: 10
YOUC | John McAfee Supports
April 26, 2018, 12:46:48 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

as a trader, i think it is necessary to monitor the situation on the market.
no wonder that if you glued to your phone  Grin
i spend most of my time for monitoring the cryptocurrency price in the market too.
full member
Activity: 420
Merit: 102
April 25, 2018, 10:37:29 PM
Before buy coins, usually iam doing research first about the community and fundamental of the coin, after i know that coins has massive potential i will buy it but also make sure that coin not in high price. And then just hold it in afew week, but also i will check the price one times every 1 or 2 day, swing trading is need less times and we can do other job. And dont forget to use stop loss to minimize the risk when the market turn to bearish and the analysis is wrong.
sr. member
Activity: 618
Merit: 250
April 25, 2018, 10:24:19 PM
Work is necessary for everyone, and it is necessary to take a rest. I suggest you allow time for your trades, for example, at least 5-8 hours a day.

People must understand life, life is not only to make money, there are many meaningful things.
Life of trader is not easy because most of your time is needed and when you start trading you need to spend your time to get alot of profit, also you need to spend more than a 3 hours. And you need to study the flow of the market because the market is easily change, so you watch the flowing of the market.
full member
Activity: 434
Merit: 104
Esport Ecosystem
April 25, 2018, 09:46:02 PM

People must understand life, life is not only to make money, there are many meaningful things.

I agree with that, I always try not only think to make money for me spend money for pleasure & enjoy time with my family is better than only have a ton of money. Life is to short for only think about lambo, many things more better than that.
Do your trade time not more than your family time IMO.
newbie
Activity: 126
Merit: 0
April 25, 2018, 09:40:17 PM
Work is necessary for everyone, and it is necessary to take a rest. I suggest you allow time for your trades, for example, at least 5-8 hours a day.

People must understand life, life is not only to make money, there are many meaningful things.
newbie
Activity: 126
Merit: 0
April 25, 2018, 09:38:00 PM
I think daily trading is not a part-time job. But if you have other jobs, choose trading time only on certain hours only.
jr. member
Activity: 178
Merit: 2
April 25, 2018, 09:24:11 PM
if your busy is high, maybe you can try the long term method. if your day trade should check the market at all times
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