Weekend Trading, how do you feel about it? - page 5.

palle11

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Quote from: nur rochid on October 31, 2021, 07:15:59 AM

I think even on holidays we can still trade cryptocurrencies, because it is possible, in contrast to the forex market which will be off on Saturdays and Sundays. on this holiday we can also see the market of some pumped coins, so there are still many opportunities to trade. and that's where the difference from crypto that seems to know no time

Okay on the Forex market that looks like no trade on weekends but I don't know if nothing actually happens behind the back on that day only that the platform is not opened for trading but that does not stop currency exchange, movement and policies on them and that is reason the price change during the open early Monday on the platform. There is what the pairs do, they jump from where it ended Friday night so if you are unfortunate to be in a trade with swap and it the shift goes against you, you wake up to see a lose. Grin

Alisha-k

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The difference between week days and weekends isn't much to me since trading is done 24/7. Prices can go down at anytime and rise at anytime too irrespective of whether it's weekend or week day.

Though personally, I've dedicated Sunday as a resting day, I know so many still trade on that day and it's very okay just that everyone should have a day or 2 off screen, it'd help alot.

ItsCrafty

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I prefer these two days to do on trading , while on Monday I don't even think had a good day for trading, mostly the market has come down more times on Monday as I have seen many times. And here id also depends upon someone own trading capability that how much he is going to trade in the real time situation. But weekend may help the traders a lot.

MIner1448

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Quote from: palle11 on October 24, 2021, 08:23:53 AM

Hello friends happy weekend to you all.

What do you think about Saturday and Sunday trading Huh

Considering it with week days which do you see as profitable or they are just the same thing to you.

I like for us to share how we feel about these two trading times, if you make more profit more or loss more on any of week days or weekend trading.

As we know trading is just about how to make profit.

I treat this normally, many people compare their main activity with trading on the stock exchange and just many weekends these days, for example, I also trade on weekends, on weekdays I do not do it very well, because this also requires a lot time, so the days off always come to the rescue.

Wawa2013

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Quote from: Silberman on October 30, 2021, 03:16:28 PM

Quote from: Mpamaegbu on October 28, 2021, 05:25:07 AM

First off OP, the number of times one stays in the market/trade doesn't determine how successful and profitable one can be. To even be negative about it, one can lose all week days' trading gains by trading on a weekend. But be that as it may, I don't really see any difference in trading into the weekend. The only nag would be that the market won't be as heavy and active as it would ordinarily be during week days because certain traders would want to go on a vacation or simply stay off the market. Remember the saying, all work and no play makes jack a dull boy? Everyone deserves rest. We don't have to be slaves to money. Work a bit and then take a deserving rest. Ordinarily, weekends should be for family and religious activities.

Many people get into trading because they want to obtain money but many others do so because they want to obtain freedom from their regular jobs, and while it is obvious that the longer you can stay in front of the screen the more profits you will get since you will make on average more trades, at the same time what is the point of becoming such a successful trader if you are going to be staring at your screen all the time and you are not going to be able to do anything else but that?

If you keep on facing your screen the whole time, i think its not healthy anymore. It won't help you to think positively knowing you are abusing your health already. I suggest maybe take weekend as your rest days. You're right, what's the use of a successful trader if you just focus on it the whole time and you're not making any good things for your own? Take a break, and learn to enjoy other things during your rest days. After all, trading during weekends may not seem so healthy because the market itself is not performing well mostly in weekends.

Our bodies need rest, not because we are obsessed with wanting to make big profits, end up spending time just in front of the screen monitoring
the market. The money we make from trading will be in vain, if in the end it is used for medical expenses because our bodies start to have problems.
All work must have time to rest, so for me, weekends should be used for rest. It's enough for me to trade on weekdays, if I use weekends to rest,
then on weekdays my mind is much fresher. If the trading strategy used is good and effective, there is no need to trade on weekends, we can
still generate large profits.

palle11

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Quote from: nur rochid on October 31, 2021, 07:15:59 AM

I think even on holidays we can still trade cryptocurrencies, because it is possible, in contrast to the forex market which will be off on Saturdays and Sundays. on this holiday we can also see the market of some pumped coins, so there are still many opportunities to trade. and that's where the difference from crypto that seems to know no time

I think you are missing the point on the thread topic. It is simply enquiring which is more profitable for trader whether week or weekend trading. Surely as a trader you need to know the days you make more losses or profit, knowing this can help you either to decide being careful or totally staying away from the market. For reasons I don't understand yet for me the mondays are not usually a good day for trading. Therefore I try to be very careful on that day but this is not very determined but if there are no clear entering signal, staying out is better than to go in for regret

nur rochid

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I think even on holidays we can still trade cryptocurrencies, because it is possible, in contrast to the forex market which will be off on Saturdays and Sundays. on this holiday we can also see the market of some pumped coins, so there are still many opportunities to trade. and that's where the difference from crypto that seems to know no time

galambo

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Quote from: traderethereum on October 30, 2021, 01:33:20 AM

Sometimes learning through books needs to buy those books, which makes us feel difficult to buy because the book price is sometimes too expensive.

I have a different opinion about crypto trading, its a kind of trading different from conventional trading of forex, equity or commodity. So fundamentals of conventional trading listed in books don't work for crypto. You can only learn crypto trading with your own experience that help in devising your own strategy.
These are my few satoshi.

To OP question, I think weekends are best for trading for people who have 9 to 5 job. For me day trading is just like gambling and I do it once or twice a month when I have some spare cash. I m a hodler rest of the time.

Mpamaegbu

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Quote from: Silberman on October 30, 2021, 03:16:28 PM

Quote from: Mpamaegbu on October 28, 2021, 05:25:07 AM

~snipped~

Many people get into trading because they want to obtain money but many others do so because they want to obtain freedom from their regular jobs

In the real sense of it, I think everyone likes freedom. I'm not sure there's anyone who likes a regular job if they could afford money to stay away from that 9am–5pm slavery called a job. Financial freedom is what everyone who goes into trading seeks, nothing else. Money is the name of the game, whether we try to sugarcoat it or not. Financial freedom means having enough cash to make one stay independent and to the best of my perspicacity I think that's the sole aim why people work.

Quote from: Silberman on October 30, 2021, 03:16:28 PM

and while it is obvious that the longer you can stay in front of the screen the more profits you will get since you will make on average more trades,

That logic doesn't work that way. What if those many trades one makes on the average are in loss, always? Over trading tends to weary a trader and cause them to lose track and focus on trades.

Slow death

legendary

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honestly there are weekends that are a big headache because there isn't much volatility or because the price is too sideways, I think avoiding trading on weekends is the best advice I can give, especially on Sunday, Sunday Is a rest day and I believe most trades think that way. if people trade every day, then what time will the person rest?

freedomgo

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Quote from: 2double0 on October 30, 2021, 03:23:26 PM

Markets are more volatile during weekdays, but dangerous during weekends. It is not a good idea to touch cryptocurrencies during weekends and it is my personal opinion because traders tend to take their coins out for profits or for their personal use, so a big number of sales can be observed during weekends which will make me depressed as I don't like most of markets to be in red. All the profitable positions sink during weekends and some traders sell under loss too.

Well, you have a point too. Because even myself gets to spend some of my coins for personal use and it mostly took place when there are important events that are mostly happening during weekends. Aside from that, the market tends to move sideways in most weekends so instead of trading, and i think it could mean losses if you are trading even if the market is not in good condition. So i just consider weekends as day to unwind and make it up with my family. Of course, rest days are important too so you can make yourself ready for new trades in weekdays.

2double0

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Markets are more volatile during weekdays, but dangerous during weekends. It is not a good idea to touch cryptocurrencies during weekends and it is my personal opinion because traders tend to take their coins out for profits or for their personal use, so a big number of sales can be observed during weekends which will make me depressed as I don't like most of markets to be in red. All the profitable positions sink during weekends and some traders sell under loss too.

Silberman

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Quote from: Mpamaegbu on October 28, 2021, 05:25:07 AM

First off OP, the number of times one stays in the market/trade doesn't determine how successful and profitable one can be. To even be negative about it, one can lose all week days' trading gains by trading on a weekend. But be that as it may, I don't really see any difference in trading into the weekend. The only nag would be that the market won't be as heavy and active as it would ordinarily be during week days because certain traders would want to go on a vacation or simply stay off the market. Remember the saying, all work and no play makes jack a dull boy? Everyone deserves rest. We don't have to be slaves to money. Work a bit and then take a deserving rest. Ordinarily, weekends should be for family and religious activities.

Many people get into trading because they want to obtain money but many others do so because they want to obtain freedom from their regular jobs, and while it is obvious that the longer you can stay in front of the screen the more profits you will get since you will make on average more trades, at the same time what is the point of becoming such a successful trader if you are going to be staring at your screen all the time and you are not going to be able to do anything else but that?

traderethereum

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Quote from: breathlessz on October 30, 2021, 12:15:50 AM

learning through books is indeed more effective, because we can get tricks from people who are truly masters of trading, so this will not plunge us. besides that we also need to discuss with friends who are more senior by learning their experiences that have been experienced so far. that way I think later we will soon get our trading style that we feel most comfortable with

Sometimes learning through books needs to buy those books, which makes us feel difficult to buy because the book price is sometimes too expensive.
Maybe we can read articles from many websites to not cost anything to our anything to learn to trade.
This weekend, which we do not know where the market will go, we can rest for a while, especially if we do not have a sign to enter the market.
But if we are sure that we can enter the market and have the right coins, we can try to buy and sell and get more profit from trading.

kanayaTabitha

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It's maybe fit for people who plans their trading style as a long time trading because they will sell their coins after several months or years with decent profits.
So it's okay if only trade at the weekend to analysze which coin that they want to buy.
But don't forget placing a stop loss because the price could be crash anytime in minutes, so it will prevent a big loss eventhough they are not monitoring their trades every time

worle1bm

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In 4 years of my crypto trading, I realized that the best volatile days, on average, are on weekdays, from Monday to Friday. Looking through my statistics, I noticed this for a long time. As for trading on weekends, these days the daily volume very often falls, which is quite high on weekdays.

In general, for those traders who trade every day, I would recommend at least 1 day a week (preferably Saturday or Sunday, of course) to rest and not go to the exchange at all.

The stock market traders usually have off because the market is closed on weekends and they take a day off from and enjoy their weekend in that period but crypto is always open as no central body is present and the traders can trade all week and considerably there is more rush on the weekends and many prefer to invest in between these times but it's our own preference that whether we want a break or not? But giving your mind rest from all these burdens is also necessary and to have peaceful mind.

breathlessz

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learning through books is indeed more effective, because we can get tricks from people who are truly masters of trading, so this will not plunge us. besides that we also need to discuss with friends who are more senior by learning their experiences that have been experienced so far. that way I think later we will soon get our trading style that we feel most comfortable with

Taskford

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Quote from: Natalim on October 29, 2021, 03:37:22 AM

Quote from: DoublerHunter on October 28, 2021, 04:53:23 PM

Quote from: palle11 on October 24, 2021, 08:23:53 AM

Hello friends happy weekend to you all.

What do you think about Saturday and Sunday trading Huh

^ If you have been noticed that weekend is most likely the market is not good for trading, it will usually drop the price, and weekend I think the best is filling up your bag. As you can see many of us here suggest that weekdays are supposedly your day, a family day that there are no traders playing in the market. But you can try, because sometimes weekends have a different flow compared to other weeks, there is no a perfect day on trading, you must observe the market too and analyze how it will move.

To be honest, i don't see any difference when it comes to trading at weekdays and weekends. I usually trade when i see the market is very positive, and starts to take a break when the market is now at its bearish season. But to answer your question OP, i prefer to make trading when its weekdays since i also considered trading as my job that gives me a decent income. And when it comes to weekends, i rarely do trading these days because i considered them my rest days. But that won't stop me from not seeing the market price movement because i really still do. After all, trading has given me huge profits so i would not want to lose that chances whenever i see good opportunities to trade.

Many believe market close down and we see the a great picture of the market where we can possibly enter but actually as you said there's no totally difference between this since if we look at the current chart actually we can do trades everyday or depends on our availability since the market moves so fast and we can able to do short trades if we want to do fast trading. And I trade everyday so for me timeline really doesn't matter.

Sanitough

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Quote from: Vaculin on October 29, 2021, 09:37:20 AM

Quote from: palle11 on October 24, 2021, 08:23:53 AM

Hello friends happy weekend to you all.

What do you think about Saturday and Sunday trading Huh

Considering it with week days which do you see as profitable or they are just the same thing to you.

I like for us to share how we feel about these two trading times, if you make more profit more or loss more on any of week days or weekend trading.

As we know trading is just about how to make profit.

Honestly, it wasn't that good and the market doesn't move fast, back and forth unlike on weekdays. What I guess is that major traders are doing something different during weekends like spending time with their family or having other stuff.

But for me, I place a buy option on those days as mostly the price is moving down due to low market demand. That actually a good day to start and wait for the price to start picking up during weekdays. That of course, we need to extend our patients as this is very important6 or else, you've got in troubled.

Well, sometimes the price is usually low during weekends but its not really happening all weekends. There is even high manipulation from big whales taking place during weekends that makes the market moves into sideways, in which traders find it hard to perform. So i still prefer trading in weekdays because even though the market seems not in a good position somehow, but still i find more opportunities to trade during weekdays and i'm still making consistent profits. For me, that's not really bad at all as long as i'm not making losses most often.

Vaculin

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Winding down.

Quote from: palle11 on October 24, 2021, 08:23:53 AM

Hello friends happy weekend to you all.

What do you think about Saturday and Sunday trading Huh

Considering it with week days which do you see as profitable or they are just the same thing to you.

I like for us to share how we feel about these two trading times, if you make more profit more or loss more on any of week days or weekend trading.

As we know trading is just about how to make profit.

Honestly, it wasn't that good and the market doesn't move fast, back and forth unlike on weekdays. What I guess is that major traders are doing something different during weekends like spending time with their family or having other stuff.

But for me, I place a buy option on those days as mostly the price is moving down due to low market demand. That actually a good day to start and wait for the price to start picking up during weekdays. That of course, we need to extend our patients as this is very important6 or else, you've got in troubled.

Topic: Weekend Trading, how do you feel about it? - page 5. (Read 1024 times)