trading is good for traders with passive mindset - page 3.

dunfida

legendary

Activity: 3122

Merit: 1140

Quote from: TheUltraElite on September 24, 2022, 03:09:34 AM

Quote from: ?? on ??

Yes especially if you are in this bear market, you invested in bear market we should be prepare for losses as well, not all our investment are designed in linear ptter that makes us win often of will not lose so easily.. People find hard to be patient at first but sooner or later once they understand crypto and the different cycles as well they know how to read charts in different ways will help them to be rich soon.

This habit of hanging in the market even when it goes up or down is important for new traders. What I have seen is that most of them leave trading too early because they encountered losses, the losing mindset. This quitter mindset will not carve a good trader.

Instead dummy trading solves a lot of these problems. By doing dummy, they will be sensitised to the events that commonly happen and not get crazy over ups and downs.

Sooner or later it is the ones who stick to the market and be determined about their investments are the one who end up as hardened traders.

You should really be that versatile or simply being adaptive on whatever circumstances or situations that you might faced on and its always been a part of being a trader.
You cant really just stand back and wait for the price to climb up high unless if you are a holder then it would be your choice on being that passive or idle.
We could really differentiate between passive and active traders and this would really be basing up into their own preference considering that every aspect of our actions
will be depending into our own goals and perspective into our investment.

Oneandpure

sr. member

Activity: 2086

Merit: 307

Quote from: ?? on ??

Yes especially if you are in this bear market, you invested in bear market we should be prepare for losses as well, not all our investment are designed in linear ptter that makes us win often of will not lose so easily.. People find hard to be patient at first but sooner or later once they understand crypto and the different cycles as well they know how to read charts in different ways will help them to be rich soon.

Bear market most excited to invest and many people blame they have bough bitcoin and altcoin on higher price before panic moment coming when bitcoin price drop drastically. Many people can't patient waiting for bitcoin and market crash because they try how to earn profit as soon possible without waiting right time for investing with bitcoin or altcoin, just take care how effective earn profit every time without care with bear market.

Have been unusual mistake made by beginner investors always panic moment to buy when price pump and can't waiting few days later for bitcoin back to lower price, I think this mindset have change by all investor if want take risk from losing much money when investing with bitcoin, need find good tips begin trading by change mindset most patient waiting with market have right time for etriying.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: ?? on ??

Yes especially if you are in this bear market, you invested in bear market we should be prepare for losses as well, not all our investment are designed in linear ptter that makes us win often of will not lose so easily.. People find hard to be patient at first but sooner or later once they understand crypto and the different cycles as well they know how to read charts in different ways will help them to be rich soon.

This habit of hanging in the market even when it goes up or down is important for new traders. What I have seen is that most of them leave trading too early because they encountered losses, the losing mindset. This quitter mindset will not carve a good trader.

Instead dummy trading solves a lot of these problems. By doing dummy, they will be sensitised to the events that commonly happen and not get crazy over ups and downs.

Sooner or later it is the ones who stick to the market and be determined about their investments are the one who end up as hardened traders.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: CPNpr on September 17, 2022, 12:02:04 AM

The main thing needed for chatting is to have patience if you lose patience you will never improve you will always lose so I think first of all you have to be patient to trade then if you can make your trade Then one will be good for you and if not you will have to face many hurdles

Patience is important no doubt, without it anything in this world becomes difficult. Trading is one place with both patience, budget management and quick decision making make a difference.

In a passive way, you have to be patient or you will miss out on good buy/sell prices. Like currently the price of bitcoin is on the lower side, but buying pressure is there, so you can buy, but lower prices are also possible.

Trading by itself is a tricky process to master and no trade will ever be a loss in spot trading if you are buying bitcoin at a lower than average price.

Shasha80

sr. member

Activity: 1876

Merit: 318

Quote from: fullhdpixel on September 17, 2022, 04:50:49 PM

Quote from: so98nn on September 16, 2022, 10:44:25 AM

Laggy you say? When wolf of Wall Street guys were having drugs on board to keep their mind alerted at all times for until the last digit on trade screen that hit me very hard man. While trading large numbers of trades at the same time with handsome amount of money you can’t go laggy. Even with the slightest blink of an eye at right time of sell or buy could bring things down in trading. Well this is for day trading. In fact in case of crypto currencies it’s even harder since the market is way way volatile. Anyone getting into trading should treat it as most important part of their job.

Using drugs only to make you alert is bad because drugs has some side effects but there are still other safer way like drinking a cup of strong coffee for example. In trading, we have crypto bots and that can help you automate the process. That way there is no need for us to monitor our screens 24/7. Why not use them instead? Cryptocurencies are more volatile but it's also more profitable.

This is why many traders starting to like cryptos and they are now transferring here. Trading should be treated like a job because our hard earned money is at risk here and I think none of us like it when they lose, although losing is part of the game.

I agree we should avoid using drugs, because the effects of drug addiction will make our lives messy. There are many ways to make us more
able to concentrate, drinking coffee can be a good alternative, although drinking coffee in excess is not good too. Therefore I suggest drinking
green tea that can make our minds calmer and can make good decisions. And most importantly don't forget to eat nutritious food and be diligent
in exercising, it greatly affects our concentration when trading. A healthy body allows us to think more critically when trading.

Then the use of trading bots I prefer to avoid it, because several times I used trading bots the results did not meet my expectations. However
trading bots have some drawbacks, so I prefer manual trading for now. Moreover, monitoring the market can be done anywhere using our
smartphones, so we can still do other activities. Then when trading we must be willing to suffer losses, because as you said losses are part of trading.
Even professional traders who make trading their main job still suffer losses, because they cannot avoid losses, what we can do is minimize losses.
If we absolutely do not want to lose, it means trading is not suitable for you.

fullhdpixel

hero member

Activity: 2828

Merit: 611

Quote from: so98nn on September 16, 2022, 10:44:25 AM

Laggy you say? When wolf of Wall Street guys were having drugs on board to keep their mind alerted at all times for until the last digit on trade screen that hit me very hard man. While trading large numbers of trades at the same time with handsome amount of money you can’t go laggy. Even with the slightest blink of an eye at right time of sell or buy could bring things down in trading. Well this is for day trading. In fact in case of crypto currencies it’s even harder since the market is way way volatile. Anyone getting into trading should treat it as most important part of their job.

Using drugs only to make you alert is bad because drugs has some side effects but there are still other safer way like drinking a cup of strong coffee for example. In trading, we have crypto bots and that can help you automate the process. That way there is no need for us to monitor our screens 24/7. Why not use them instead? Cryptocurencies are more volatile but it's also more profitable.

This is why many traders starting to like cryptos and they are now transferring here. Trading should be treated like a job because our hard earned money is at risk here and I think none of us like it when they lose, although losing is part of the game.

CPNpr

hero member

Activity: 812

Merit: 501

Quote from: andriarto on September 16, 2022, 11:56:23 PM

Quote from: TelolettOm on September 16, 2022, 07:49:07 PM

Quote from: gunhell16 on September 15, 2022, 11:13:15 PM

Trading is good for everyone who wants to learn it here in this cryptocurrency industry. The more that you always do trading in the exchanges, you will learn quickly because you can see immediately the dos and don'ts of an individual trader.

It is true, trading should be for a person who wants to learn. But we know that not everyone has an intention to learn seriously, many of them just trade without learning something new. Trading on the exchanges may lead us to many new things to know, but there are lazy people who don't take attention to learning. So, trading is basically not for everyone, it is for a diligent person only.

trading is more about self-development, where you have to know yourself to be able to control yourself to face the market. many people learn to trade, but few of them can survive and enjoy trading and consider it a job. At the beginning of learning to trade, of course, you will feel the bitterness of trading, and of course we must be able to enjoy the bitter taste to get the enjoyment of our goals, just like when we drink coffee.

The main thing needed for chatting is to have patience if you lose patience you will never improve you will always lose so I think first of all you have to be patient to trade then if you can make your trade Then one will be good for you and if not you will have to face many hurdles

andriarto

sr. member

Activity: 1344

Merit: 253

Quote from: TelolettOm on September 16, 2022, 07:49:07 PM

Quote from: gunhell16 on September 15, 2022, 11:13:15 PM

Trading is good for everyone who wants to learn it here in this cryptocurrency industry. The more that you always do trading in the exchanges, you will learn quickly because you can see immediately the dos and don'ts of an individual trader.

It is true, trading should be for a person who wants to learn. But we know that not everyone has an intention to learn seriously, many of them just trade without learning something new. Trading on the exchanges may lead us to many new things to know, but there are lazy people who don't take attention to learning. So, trading is basically not for everyone, it is for a diligent person only.

trading is more about self-development, where you have to know yourself to be able to control yourself to face the market. many people learn to trade, but few of them can survive and enjoy trading and consider it a job. At the beginning of learning to trade, of course, you will feel the bitterness of trading, and of course we must be able to enjoy the bitter taste to get the enjoyment of our goals, just like when we drink coffee.

Awaklara

hero member

Activity: 1092

Merit: 670

Quote from: TelolettOm on September 16, 2022, 07:49:07 PM

Quote from: gunhell16 on September 15, 2022, 11:13:15 PM

Trading is good for everyone who wants to learn it here in this cryptocurrency industry. The more that you always do trading in the exchanges, you will learn quickly because you can see immediately the dos and don'ts of an individual trader.

It is true, trading should be for a person who wants to learn. But we know that not everyone has an intention to learn seriously, many of them just trade without learning something new. Trading on the exchanges may lead us to many new things to know, but there are lazy people who don't take attention to learning. So, trading is basically not for everyone, it is for a diligent person only.

Digital asset trading is not for everyone. especially for those who don't believe in, or are unsure of what digital asset trading can bring.
because there are people who have the character to work in the field. meaning that he is happy with the activities his body does to make money.
but some people like to be in the office or work leisurely from home. even the people who keep the shop can also trade in the crypto market.
It is possible that trading crypto assets can indeed be done by anyone. but everyone's persistence will be different. that's what makes every trader's development different.

TelolettOm

hero member

Activity: 2086

Merit: 553

Leading Crypto Sports Betting & Casino Platform

Quote from: gunhell16 on September 15, 2022, 11:13:15 PM

Trading is good for everyone who wants to learn it here in this cryptocurrency industry. The more that you always do trading in the exchanges, you will learn quickly because you can see immediately the dos and don'ts of an individual trader.

It is true, trading should be for a person who wants to learn. But we know that not everyone has an intention to learn seriously, many of them just trade without learning something new. Trading on the exchanges may lead us to many new things to know, but there are lazy people who don't take attention to learning. So, trading is basically not for everyone, it is for a diligent person only.

Mpamaegbu

legendary

Activity: 2716

Merit: 1225

Once a man, twice a child!

Quote from: ItsCrafty on August 18, 2022, 12:31:12 PM

Yes exactly because a person with sharp mind will realize good things that will help him to achieve goals, he will always focus on the price of market and the coins which are the best to buy and sell. A person who is best in creating specific strategies and behave according to it will be a successful trader. A successful trader do not thing according to his emotions but act according to his mind.

Whatever you were trying to say here was obviously lost in transit. However, all I can say here based on the little I (think) garnered is that control of one's emotions is key in trading, whether losing or gaining. This is where so many traders have fallen short. They get scared when losing and can't focus on their trading plan when that happens. While winning, they get too excited and carried away and can't concentrate. Trading psychology should push every trader into putting their emotions in check. Most trading plans fail because of lack of this and not because the strategies aren't good.

so98nn

hero member

Activity: 2086

Merit: 603

Laggy you say? When wolf of Wall Street guys were having drugs on board to keep their mind alerted at all times for until the last digit on trade screen that hit me very hard man. While trading large numbers of trades at the same time with handsome amount of money you can’t go laggy. Even with the slightest blink of an eye at right time of sell or buy could bring things down in trading. Well this is for day trading. In fact in case of crypto currencies it’s even harder since the market is way way volatile. Anyone getting into trading should treat it as most important part of their job.

gunhell16

sr. member

Activity: 1666

Merit: 453

Trading is good for everyone who wants to learn it here in this cryptocurrency industry. The more that you always do trading in the exchanges, you will learn quickly because you can see immediately the dos and don'ts of an individual trader.

So the actual is better than just the theory, the theory and the actual must be balanced because if it is done correctly, it is also guaranteed that in the end, you will get a good income in the future.

Quote from: Finestream on September 15, 2022, 05:47:37 PM

Traders with a lot of determination, focus and patience are most likely to become successful in the end. But for those who only trade for profits and are just waiting for the opportunities to come, I guess they will be left behind as smart and passive traders will always look for opportunities where they can grow their income, and not just only waiting for it to happen.

Oh, you're right there, there are a lot of such sleazy traders these days. Although I'm not saying that trading income is not important, I guess my point is that we should consider that having enough knowledge about it will lead us to a good future income than if you know how to trade but you lack ideas and knowledge on this matter.

That's why you/we should not be wild and look like money, then this crypto trading is the way you/we see things that are not right.

AicecreaME

sr. member

Activity: 2380

Merit: 454

Quote from: MrcMrc on July 01, 2022, 05:38:14 PM

Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset.

But not all of the people who are willing to spend a lot of time in trading with their persistency and perseverance are going to have the skills later on, it's not happening to everyone. So it is important to have a self-realization, whether it is worthy to continue the path in trading world or to try something new that is still related in cryptocurrency.

Because the other scenario that's happening is that a trader ignoring the signs that he isn't suitable in trading world, and forcing himself to spend more money and time in trading but only will get frustrations and losses.

jossiel

hero member

Activity: 2842

Merit: 625

Quote from: Finestream on September 15, 2022, 05:47:37 PM

Traders with a lot of determination, focus and patience are most likely to become successful in the end. But for those who only trade for profits and are just waiting for the opportunities to come, I guess they will be left behind as smart and passive traders will always look for opportunities where they can grow their income, and not just only waiting for it to happen.

Every trader has that quality of waiting for the profits, even investors and those speculators. We're all for the profits, no matter what qualities we have.

We all will meet in the end by having that reason.

But the difference is that those that are determined, they'll make themselves find a way to be profitable and stable in trading. They'll collect every lesson, data and experience they've gained through the losses they incurred.

Wawa2013

sr. member

Activity: 1666

Merit: 267

Quote from: Hypnosis00 on September 15, 2022, 06:56:53 PM

Quote from: Finestream on September 15, 2022, 05:47:37 PM

Quote from: Digital_Lord on September 10, 2022, 12:33:50 PM

Those people who are realistic and just focus on present purpose can actively do trading. There are numerous things which are to be kept authorized for the purpose of gaining interest. Crypto trading is almost done with the help of speculation, those who have alert and sharp minds are in my opinion will have more futuristic impact on their economy.

Traders with a lot of determination, focus and patience are most likely to become successful in the end. But for those who only trade for profits and are just waiting for the opportunities to come, I guess they will be left behind as smart and passive traders will always look for opportunities where they can grow their income, and not just only waiting for it to happen.

Perhaps, it was difficult to succeed in trading if you already have a negative mindset as this will stopped you from being aggressive but instead, worries and doubts will influence your mind. That is why many traders quit trading for they never understand what they feel and are wary of the situation. We can really see the differences as we carry the positivity in our minds and it would lead us to the right way and make the right decisions.

It's true to avoid negative thinking patterns if we want to be successful in trading, because something negative will make us wrong in making decisions.
That's why we have to make the right preparations before starting trading, so that our minds remain positive even though the market is in a bad situation.
As you said we have to keep our mind positive, so that our steps are right and take the right decisions too. That's why trading is not easy, because
to be successful in trading there are many things we have to do. Including how our mindset should be positive. If our mindset is positive, it will
make us find solutions to every problem that occurs when trading.

Hypnosis00

sr. member

Activity: 2338

Merit: 338

Quote from: Finestream on September 15, 2022, 05:47:37 PM

Quote from: Digital_Lord on September 10, 2022, 12:33:50 PM

Those people who are realistic and just focus on present purpose can actively do trading. There are numerous things which are to be kept authorized for the purpose of gaining interest. Crypto trading is almost done with the help of speculation, those who have alert and sharp minds are in my opinion will have more futuristic impact on their economy.

Traders with a lot of determination, focus and patience are most likely to become successful in the end. But for those who only trade for profits and are just waiting for the opportunities to come, I guess they will be left behind as smart and passive traders will always look for opportunities where they can grow their income, and not just only waiting for it to happen.

Perhaps, it was difficult to succeed in trading if you already have a negative mindset as this will stopped you from being aggressive but instead, worries and doubts will influence your mind. That is why many traders quit trading for they never understand what they feel and are wary of the situation. We can really see the differences as we carry the positivity in our minds and it would lead us to the right way and make the right decisions.

Finestream

hero member

Activity: 3052

Merit: 606

Quote from: Digital_Lord on September 10, 2022, 12:33:50 PM

Those people who are realistic and just focus on present purpose can actively do trading. There are numerous things which are to be kept authorized for the purpose of gaining interest. Crypto trading is almost done with the help of speculation, those who have alert and sharp minds are in my opinion will have more futuristic impact on their economy.

Traders with a lot of determination, focus and patience are most likely to become successful in the end. But for those who only trade for profits and are just waiting for the opportunities to come, I guess they will be left behind as smart and passive traders will always look for opportunities where they can grow their income, and not just only waiting for it to happen.

dunfida

legendary

Activity: 3122

Merit: 1140

Quote from: Vaculin on September 13, 2022, 07:17:17 PM

Quote from: TheUltraElite on July 22, 2022, 04:04:52 AM

Quote from: hashrateproducts on July 13, 2022, 02:12:33 AM

So trading suits people with passive mindset as they make Profits and these set of people always have a way of handling or escaping the bear market.

Trading suits those who can remain calm in a bear market and in a bull market. Trading is not just about making profits but know how to make and when to make profits. If the goal in trading is to profit and not learn the process then it is going to end up as a chore.

What most traders get wrong is that they take up trading as another earning mode which is wrong. A speculative market is good for making side earnings but should not be viewed as a main earning. For this the passive mindset does not matter, what does matter is that you get into the right coin at that right time.

But it would make a lot of difference if you started learning the process first and develop it so you can obtained future skills and strategies in trading. That way, making profits through trading will be a lot easier. And with having a passive mindset as a trader, you are not only going to wait for the time to make profits, but you should be the one to look for ways on how to create profits regardless of whatever the market condition is.

I dont really consider out those people who do just simply wait for the right time to make a sell but rather to be an investor than to be a trader because if we do talk about being a trader then this is usually talking about

active engagement with the market price volatility which does involved such actions which is comparable into those people who had just been simply waiting for a long time before they would make some sell action.

Being passive isnt really that bad but ofcourse when it comes to profit taking and chances then it would be entirely be different into those people actively dealing up with the volatility.

Vaculin

hero member

Activity: 2912

Merit: 613

Quote from: TheUltraElite on July 22, 2022, 04:04:52 AM

Quote from: hashrateproducts on July 13, 2022, 02:12:33 AM

So trading suits people with passive mindset as they make Profits and these set of people always have a way of handling or escaping the bear market.

Trading suits those who can remain calm in a bear market and in a bull market. Trading is not just about making profits but know how to make and when to make profits. If the goal in trading is to profit and not learn the process then it is going to end up as a chore.

What most traders get wrong is that they take up trading as another earning mode which is wrong. A speculative market is good for making side earnings but should not be viewed as a main earning. For this the passive mindset does not matter, what does matter is that you get into the right coin at that right time.

But it would make a lot of difference if you started learning the process first and develop it so you can obtained future skills and strategies in trading. That way, making profits through trading will be a lot easier. And with having a passive mindset as a trader, you are not only going to wait for the time to make profits, but you should be the one to look for ways on how to create profits regardless of whatever the market condition is.

Topic: trading is good for traders with passive mindset - page 3. (Read 1324 times)