Topic: life of a trader - page 77. (Read 30979 times)
The life of the trader is very specific, you will constantly think about crypto coins, do not sleep normally.
Do not forget about the real life, if you have a job and a family. Do in between eye exercises, exercises, relax. You will not be able to keep up with the world cryptocurrency. It is worth to spend the few hours in the morning and in the evening, no more.
Agreed!
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 
just put alarm on the coins that you want to trade, there is some coin alarm that can let us know when the coin reach price that we set right ? i use that apps when i do daily acvitity and can't sit in front of my computer 
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
It is just a matter of management. First you need to identify what kind of trade strategy fits your lifestyle. 1. Day trading - trading only within a day
2. Swing Trading - The principal difference between day trading and swing trading is the time frame. Swing traders attempt to predict the short-term fluctuation in overnight. So positions can last anywhere from 1 day to a few weeks.
3. Positional Trading - The holding time frame of each trade is higher as these traders anticipate a big price movement in the coming future. Timing the market is not the top priority for this category of traders as they are willing to weather the storm and wait out a few months to see a large gain.
Wow, I agree with you, try to schedule up when are you going to take a break from trading too. And choosing the right trading style that matches your time table would be a very good idea
Do not forget about the real life, if you have a job and a family. Do in between eye exercises, exercises, relax. You will not be able to keep up with the world cryptocurrency. It is worth to spend the few hours in the morning and in the evening, no more.
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
It is just a matter of management. First you need to identify what kind of trade strategy fits your lifestyle. 1. Day trading - trading only within a day
2. Swing Trading - The principal difference between day trading and swing trading is the time frame. Swing traders attempt to predict the short-term fluctuation in overnight. So positions can last anywhere from 1 day to a few weeks.
3. Positional Trading - The holding time frame of each trade is higher as these traders anticipate a big price movement in the coming future. Timing the market is not the top priority for this category of traders as they are willing to weather the storm and wait out a few months to see a large gain.
Wow, I agree with you, try to schedule up when are you going to take a break from trading too. And choosing the right trading style that matches your time table would be a very good idea
The Life of a trader is verry busy,
When i was trading i was even setting my alarm to every 1 hour at night.
The chance for profit is big so do an investment now.
Before trading a coin, you will have to be sure about it . Thanks.
When i was trading i was even setting my alarm to every 1 hour at night.
The chance for profit is big so do an investment now.
Before trading a coin, you will have to be sure about it . Thanks.
Hi,
There are two types of the trading method long and short term trading. In the short term we can use bots to control over the trade and in long manual we can operate the trader.so you can easily trade and earn with doing the regular activities.
There are two types of the trading method long and short term trading. In the short term we can use bots to control over the trade and in long manual we can operate the trader.so you can easily trade and earn with doing the regular activities.
being a trader is a choice for everyone but we need to know more about trading so we can work as a trader and earn money from doing a trade. and if we want to learn about trading, we need to spend a time to learn many things especially learn about how to make a good analyze and how to determine the price. but if we have skills in trading, then we don't have to spend much time to analyze and determine the price because we can easily to place an order buy or sell. there are many things that we should learn about trading if we want to use trading as our work.
A life of a trader is difficult, you need to learn, study a lot of new things and spend a lot of time. But its normal for those who just want to start on how to trade.
the life of a trader is similar to a gambler. they will always think to bet, and take advantage of the decisions they make. so, make beginners should not play trading first. too big a risk.
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
you have to manage your time depend on your job.
for me, i always open coinmarketcap as soon as i wake up , about 5AM,
If the price is going down, i tend to buy to invest.
you don't have to check the price all the time, just wait.
make a group chat with your friends about cryptocurrency, so you guys can share any info about it.
I think the best strategy when trading in altcoin is, buy and hold it for as long as you can. Just leave it in your wallet and only sell it at least one year later.
To make the best use of the markets, if you are a trader than buy and sell the same day if possible unless you know market is going to move due to some news or seeing the charts Because from last couple of days if you see as the btc prices have started to move up altcoins have being bleeding and thus holing this coin means you end up losing an opportunity to buy back at lesser price. For btc trading you can do the same.
There are so many coins here in crypto world so better todo in trading are hold always for long term,if you don't have experience then better for you to start in all already trusted coins like btc,eth,xem,xrp,doge,xrb and ltc in this coins you need only to wait for profit then don't be nervous because if your attitude is like that and over thingking you will lose by that.Invest only a little like 0.005 btc in every coins that i post so even some coins are not going well in the future but still i'm sure a lot of that can.
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
Im not a successful trader yet but my advise to you is always search and review the coin before trading them. if you have an open trade make sure that you are on a very best entry. monitoring your trade is necessary. and dont sleep with an open trade
raders are further defined by the time frame in which they open and close positions (the holding period), and the method by which they find trading opportunities and send orders to the market. Discretionary traders are decision-based traders who scan the markets and place manual orders in response to information that is available at that time. System traders, on the other hand, use some level of automation to implement an objective set of rules, allowing a computer to both scan for trading opportunities and handle all order entry activity. The chart below lists the different trading styles with the corresponding time frame and method for each.
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
I do not have to spend a day in trading. I still have life beyond that. I only spend my time when trading and doing activities in the real world. I also install blockpolio app to track my portofolio. It's a good thing if something happen with the price then take quick steps. 
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
I am not a trader for long and I can relate with your situation OP. It is just that I am always in a look out if the coin I bought already went up in price. Cryptocurrency is a major part of my daily life nowadays but I don't have any regrets in it. From the time I wake up, I check bitcoin price because it is vital to the prices of altcoins and all my social media accounts are full of crypto related news. I've been with crypto for almost two years now and since altcoin are having a great time nowadays, I just sold my coins when its twice the amount and then left the rest to grow. In that way, I don't check my phone or PC that much when all my funds are in the coins already.
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
I think it is normal that you have to check your accounts or price every now and then. It is necessary to keep tabs of every thing that could affect your position like news, fluctuations and everything. But you need to balance your activities because you need to have a social life too. THat is why it is important to do the necessary research before opening a position so you will be confident in your trades and can leave it for a while without panicking.
it's hard to become a trader especially when you're newbie just so good to do newbie traders to study first or do not get the big money out first when you start at a small amount and if you are somewhat wise enough war you tratrade many traders who are rich and all start their studies before they become a pro tratrade of altcoin
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