Topic: Trading 2025. Health is wealth. (Read 461 times)

I appreciate the advice and tips you have given, op, what you have mentioned is also true for us traders in the crypto space field, although, we have time to do our trading activities. But of course we should not neglect our health.

If we are always awake because of our trading activities, it will also affect our health. We should still sleep at the right time that our body needs.
It is better to take a look at the analysis we are doing in trading once in a while.

Health is surely wealth that we must have so we can do many things. I think I have the same experienced like @OP because I trade at night but that affect to my sleeping time. I slept after midnight and wake up in the morning with a not good condition for my body. I realize that if I did that for a long time, that can affect to my healthy so I change my trading time and not trade after midnight. I limit myself to trade before midnight and if I see the market situation still good in the morning, I will continue for a while.

Yes, the market is boring this weekends but I see that we can still make a nice profit although that will needs us stay aware if the change comes. We should adjust the leverage and the capital to trade especially if we are not sure with the market but the best is get out from the market if that is happen.

The market is boring during weekends. Haven't you noticed that? Crypto traders noticed that. If you like, you can still trade during weekends but it is not also bad to trade during week days. All you have to do is to do away with scalping and day trading if you are a very busy type of person. Just go for swing trading and do not use too much leverage but be patient.

If you want to go into crypto you have to very prepared because there a lot people that don't have time and they want to trade, you must be ready to give it your all because it will consume more time than planned and that is why you can not even have a actual time for trading the earlier this is properly understood the better and when you want to trade it will be better to do it during weekends so that you won't have any form of distraction and you have all the time to do what ever you want to do.

When you are into futures then there is a lot of work to be done because you would not want to risk anything when you are doing market chats by studying the charts because the chart is what is going to determine a lot of things or the entire situation because the moment your analysis fails, it will for sure affect your performance so we have to accept the fact that we need to learn. Because you won't be able to sleep well when you start trading because your mind will always be there.

Thank you, Oshosondy for the advice on trading, health and so on.
Yes, health is indeed important for every human being, where in 2024 we will often trade at night, until we don't pay attention to our own health to chase money in crypto trading.

Maybe in 2025 we will change our crypto trading strategy from doing it at night to doing it in the morning or afternoon, maybe at night we can rest with a little peace for ourselves, that's our hope.

Losses are not bad thing for new traders but they are bad thing for experienced traders. I do not use stop loss at all as I prefer to trade with low amount of money and do a little averaging instead. Traders have different strategies. That is the reason I like to check the market so that I can average at the appropriate time. But you can also make a limit order of the average buy instead. That is good but I noticed that it is not good to trade at night. I have tried all my best to avoid trading after 8 pm.

This doesnt really only talks about trading but also in other things as well just like on dealing with your job on which if you do always have that kind consideration on having that kind number of hours when you do sleep on everyday, there are even some specific hours on which the body will really be having that kind of regeneration or repairing body cells on which this is really that crucial when it comes to have a healthy body.  Never take that lacking of sleep for granted or you will be able to tolerate it out because once that body will be having that toll then those earnings you do get will really be just that be used on medical bills on which it is really that useless. This is why you should give out that importance about having a sleep because on the time that you do compromise your sleep then it will be having that negative in long term and this is you should really be that careful on with.

Always consider out on taking up a rest or sleep, even if its on alternate then it will be that really that better rather than on having no sleep at all on which this is really that indeed risky. You should be that careful with your health because money cant by health because once things becomes complicated, no matter how much money you do have on where there are illness that cant be that cured out. So better be careful and responsible into the actions that you are really that into.

Yeah it’s truth that traders can’t just pay attention to their only trading because of the others activities, but the reason why most of the traders really pay attention on the their at any time is that; it because they don’t want to be lose much of their we all know that trading is all about risks; But is good for them to be put much eyes when ever their trading to avoid big losing.

Furthermore, there some traders that they’ve already be a an expert, them know in and out of the trading so those kind of people fits leave their trading on and they will go and do another activities; because they know the actual time they can check on their trading.

This is right, trading could be addictive to some people, and emotionally winning and losing doesn't really have that much different reactions at all. I agree that when you win, you want more, and when you lose, you want to recover, so both do lead to trading more.

I believe it's a sickness if you keep doing that, and because of that I believe that we should avoid it as much as we possibly could, there is no reason to keep doing this. I get that some people are not really that much worried about what will happen and they want more, but it's a risk that they should not be taking. I believe we could avoid this if we know how to handle it, and because of that I believe that the best way to approach this would be just waiting for it.

Yes of course,
A good and successful trader looses sleep because watching and analyzing the market is the "burning desire" in them as the author of think and grow rich will say, every trader will want to be rich at all night in as much as he believes in his analysis. But anyway, sleep refreshes the brain, body and soul while keeping and preparing you ready for the day.

Also, as a trader, you need to eat as much quality foods as you can to stay healthy and wealthy, eat mostly fruits and veggies to vibrate at a standard frequency while enjoying your trading life.

Oshosondy, that is a good question.
Trading activities are very time consuming, especially if traders have to always monitor price movements and market conditions and I experienced this myself when trading in futures. The activity was really time-consuming because I needed to react at the right time to make a profit. The problem is that this activity is quite difficult to stop because of the desire to get more opportunities to make a profit, but in the end I realized that this had disturbed a lot of my sleep time which had actually reduced drastically.

We shouldn't see losing as a bad thing. That's what helps keep traders humble 😏. Without losses traders would be full of themselves that they've arrived. As for keeping awake to monitor your trades, don't you think you've yo reconsider your trading strategy as it doesn't suit your temperament. Perhaps, day trading may be better than scalping where you've to consider a higher TF to pick your trades and allow them run their full course with predetermined SL. That way you're sure to be at peace.

Before that I totally agree with what you said when starting this thread, yes health is wealth and without health there is no wealth. This is the same as what I see in my environment, rich people who cannot enjoy their wealth because of the illness they suffer, for me it is very worrying. And I even think it is better to be simple but can be healthy and can enjoy whatever I want.

Yes, maybe everyone is different, but it is better to consult a doctor to discuss this. What I have recently learned is that our bodies not only need sleep to regenerate the body but our sleep must also be of quality. Well, from what I feel, sleeping at night feels more quality, even though it may only be 4/5 hours, different from sleeping during the day even though I sleep longer, it feels like something is missing. I just share what I feel.

Probably because you have just started trading. Or probably because you are not a scalper or a day trader. Either of the two reasons is the reason you do not understand. Or another reason could be because you sleep more during the day or wake up late in the morning. Regardless of which one it is, what that is important is that you should be getting the appropriate hours of sleep daily. But if trading is not letting you to get it, try to adjust because it can affect your health.

Staying awake and trading when others are sleeping is the fun and shows seriousness in what you do as a trader, I believe we all are different, and my type of person will prefer to stay awake and trade when naturally I should be sleeping because every other persons are asleep, and the reason for this is because I hate being disturbed, being a family man with wife and kids, not every time in the day will be convenient to trade, infact, if you miss trading in the night when children and wife is asleep, you may not have a single opportunity to do so in the day when every one of them is awake and making alot of noise.

So, for me, I do sometimes stay up all night trading, and I enjoy it.
It's better trading at night and finding time in the day to sleep, than sleeping in the night and finding time in the day to trade.

That's why I started avoiding excessive trading and now I focus more on seeing the conditions before entering the market to take an entry.
Experience makes us a lesson and this is where I began to understand that trading can not always provide benefits so that being involved in it must be able to see the potential, so that when we lose in the previous trade we can make a plan in the next trade to return the capital.

If you think about generating a steady income in trading, it will be much more difficult because we never know in certain conditions we will experience an unplanned loss.
What people have successfully done can be a reference for us to practice as a learning experience, but it will not always be the same because sometimes market conditions do not match the strategy or entry pattern that is carried out.
Avoid excessive trading because it will affect mentally and if you want to get involved in trading, try to make the mechanism more responsible.

Yes, because more time is valuable and not just spent trading. Physical health may be overcome by doing more exercise,
but mental health is also needed because trade will attack mental health first.

Looking at the fact that most traders experience a higher level of stress because they are constantly processing their minds to do analysis,
the market and overcome every problem that occurs.

Maybe with a little rest physically and mentally it will make the conditions better. Taking a vacation trip to refreshing and forgetting for a moment that trade is a must.
Trading may make a profit, but it will be very useless if our body is not healthy so we cannot enjoy the profit.

I myself started to organize myself and started to maintain my lifestyle,
taking time for sports and a little walk with my family to relieve the stress of always staring at the computer.

A very big mistake that most newbie traders make is they start learning and trading at the same time. I mean, if you are new in the field, you should focus on the learning part first, and once you feel you are ready, then you should get your finances involved because now that you have learned everything, you can manage things more efficiently and in less time than before. If you mix learning with actual trading activities on the side, you will lose three things: your focus, money, and the time you will waste on all this.

I have seen people spending barely six to 8 hours in a full day on their trading activities, and they split it between two hours with breaks in between. They get up in the morning, check out the market and make a few trades if they see opportunities, stop, maybe go out, eat some food, or do any other things that you need to do, and then get back on your screen and spend a couple of more hours before you do the same thing again.

This way, you will have a balance in your personal life and work life, and this won't let you have any negative effects because of trading.

Speaking of schedule, this is one of the things that I'm doing right now.

Last year, I spent hours and hours looking at the market hoping to see an opportunity and it affected me mentally for a bit, and it's good that I realized it way earlier. What if I did that for an entire year or 2? I might get affected mentally and will end up losing more. This year, I will try to spend at most 3 hours looking for the market and make some trades. After that, I will not do it anymore. Like what OP said, health is wealth and this strategy that I'll be using is one proof to show that I care for myself. It's either I'll make money on that span of time, or will not at all, and that's okay because you can't win it all.

At the end of the day, I hope that all traders here will take care of themselves still and don't spend too much time on trading. There are lots of opportunities out there, so care for your health still even though you want to make money on trading.

Trading, strategy greediness all happen and part of this system with peoples those understand things and also love to have something which helps them for giving time your family and love ones all gone strongly with the fundamentals which are helpful for them.

If we are not able to have strong strategy and also not able to handle things which are important for having good profit from trades still we can go on bad way while we have different views about few things with few are felt long term trading always helps them, and they are able to have good advantage of this but still it needed good technical things and analysis as well short term trading is always not going as we feel if we are not able to give respective time which is important.