Topic: You could die from trading. - page 4. (Read 1943 times)
One common mistake of some traders is that they see trading as a shortcut to success that they put everything that they have in it that includes time, effort, funds, and emotions which we shouldn't do because there's always a limit for everything. Trade and invest what we could afford to lose because the market's volatility could affect our lives instantly. We should also learn how to handle our emotions so we could make the right decisions.
Thats why profesional trader which living from trading. They dont wacth chart whole day. They only take 2-3 hours to analyze market and making decision at what price they want to enter market. And then they set the stop lost after calculating the risk factor. They wont use very big matgin. They have good risk management base on their money.
Most that I know use most of their time in taking analysis and watching the market. But that's for sure that they're making their decision before entering the market firmly.They don't buy because of the hype but instead, they're taking those moments to sell while the hype is there and AFAIK, they're percentage based in taking profits.
What makes an unhealthy life is when we have a lot of problems and we never know how to solve them, that gonna kills us.
Financial loss and lost in trading makes someone to have that pressure and bad thinking. That's putting a lot of pressure and really makes
them stressful and in some cases, gives depression.
but after all trading in cryptocurrencies does have a big risk,
so we have to really have a strategy and besides that we also have to be able to read market movements
~
Well we have social media to cope up with the stress and we can still socialize with other people to be frank. In the middle of this pandemic, socializing outside is kind of hard due to restrictions.
As I mentioned about social media, they're the alternatives but even social media kind of hurts people's mentality like they're comparing themselves to other people's success. Imagine being in a loss in trading and you stumble upon a post about someone's success story in crypto. Kinda hurts to read.
Thats why profesional trader which living from trading. They dont wacth chart whole day. They only take 2-3 hours to analyze market and making decision at what price they want to enter market. And then they set the stop lost after calculating the risk factor. They wont use very big matgin. They have good risk management base on their money.
That's right and experienced traders have a setup such that they spend most of their time thinking rather than doing trades themselves. The place where I live, we have offices where traders operate and they have employees who will work for them, they just come once or twice a day and monitor the situation and loss/profit.Maintaining health is important because even our mental health is related to how physically fit we are. I was reading about Elon and he spends hours running and lifting weights which shows that despite him being the richest, he still is conscious about his health.
Thats why profesional trader which living from trading. They dont wacth chart whole day. They only take 2-3 hours to analyze market and making decision at what price they want to enter market. And then they set the stop lost after calculating the risk factor. They wont use very big matgin. They have good risk management base on their money.
Most that I know use most of their time in taking analysis and watching the market. But that's for sure that they're making their decision before entering the market firmly.They don't buy because of the hype but instead, they're taking those moments to sell while the hype is there and AFAIK, they're percentage based in taking profits.
What makes an unhealthy life is when we have a lot of problems and we never know how to solve them, that gonna kills us.
Financial loss and lost in trading makes someone to have that pressure and bad thinking. That's putting a lot of pressure and really makes
them stressful and in some cases, gives depression.
For sure trading constantly without strategy and enough rest could cause health issues, watching a trade going up and down without being at ease, being so depressed when incurred so much loss, thinking of funds gone because of a bad trade, all these are things many traders face and doing this continuously can lead to a serious health issue which might lead to death. Trading can cause hypertension and many other serious health issues, so it's better to avoid these by learning how to control your emotions and also get to learn more about trading so as to know what you are doing, then lastly give yourself rest.
Depression and other emotional aspects would really come out when you do deal with trading because you wouldnt know on where could price would go which you would presume out and anticipate basing on your own calls and analysis but if it turns out to be going into the other side then this is where do emotions pop out and you do need to control it because if you dont then you would surely be affecting your body in terms of emotional aspects and if it gets worst then it might result into physical problems which would make the problem even more worst.
For sure trading constantly without strategy and enough rest could cause health issues, watching a trade going up and down without being at ease, being so depressed when incurred so much loss, thinking of funds gone because of a bad trade, all these are things many traders face and doing this continuously can lead to a serious health issue which might lead to death. Trading can cause hypertension and many other serious health issues, so it's better to avoid these by learning how to control your emotions and also get to learn more about trading so as to know what you are doing, then lastly give yourself rest.
Thats why profesional trader which living from trading. They dont wacth chart whole day. They only take 2-3 hours to analyze market and making decision at what price they want to enter market. And then they set the stop lost after calculating the risk factor. They wont use very big matgin. They have good risk management base on their money.
Most that I know use most of their time in taking analysis and watching the market. But that's for sure that they're making their decision before entering the market firmly.They don't buy because of the hype but instead, they're taking those moments to sell while the hype is there and AFAIK, they're percentage based in taking profits.
What makes an unhealthy life is when we have a lot of problems and we never know how to solve them, that gonna kills us.
Have heard lot's of people died during trading which is very bad I believe as a trader there are some certain thing's you have to put into consideration I know trading is not that easy and is not easy to see your money reducing. So as a trader I believe there are some things you should know which include:
I believe as a Trader you don't have to trade with all your funds or you don't have to invest all your fund in Cryptocurrency.
As a trader you should learn how to control your emotions you don't have to be emotional.
As a trader you don't have to borrow money from anybody to trade because anything can happen at anytime nobody can predict the market and can be 100% sure
A a trader or investor you have to learn about risk management before you start trading you have to learn how to manage your risk to avoid unnecessary lose of money which is very bad.
I believe as a Trader you don't have to trade with all your funds or you don't have to invest all your fund in Cryptocurrency.
As a trader you should learn how to control your emotions you don't have to be emotional.
As a trader you don't have to borrow money from anybody to trade because anything can happen at anytime nobody can predict the market and can be 100% sure
A a trader or investor you have to learn about risk management before you start trading you have to learn how to manage your risk to avoid unnecessary lose of money which is very bad.
Thats why profesional trader which living from trading. They dont wacth chart whole day. They only take 2-3 hours to analyze market and making decision at what price they want to enter market. And then they set the stop lost after calculating the risk factor. They wont use very big matgin. They have good risk management base on their money.
Most that I know use most of their time in taking analysis and watching the market. But that's for sure that they're making their decision before entering the market firmly.They don't buy because of the hype but instead, they're taking those moments to sell while the hype is there and AFAIK, they're percentage based in taking profits.
Thats why profesional trader which living from trading. They dont wacth chart whole day. They only take 2-3 hours to analyze market and making decision at what price they want to enter market. And then they set the stop lost after calculating the risk factor. They wont use very big matgin. They have good risk management base on their money.
You wont last if you arent really good on that risk management thing because you do really need to sustain yourself and you cant be called a good trader or who do live because of trading if you arent really that good. Everything should be balanced from the time you spent on trading and the time you do deal up with your daily living because making things unbalanced would really result into this kind of common scenario where you are compromising
both health and social aspect.Always consider if you do like to live long where everything should be organized and time management.
It's not an easy task but once you already established good balance with everything then the next thing you know is you are just enjoying whatever the market brings to you,
You have to learn more about risk management and the time that you need to spend while dealing with this business, there are people who treat it the wrong way and it's affects not just physically but more on mental stress.
Think ahead and always have a good back up plans, it will save you a lot from the possible messed this market will bring you.
Thats why profesional trader which living from trading. They dont wacth chart whole day. They only take 2-3 hours to analyze market and making decision at what price they want to enter market. And then they set the stop lost after calculating the risk factor. They wont use very big matgin. They have good risk management base on their money.
You wont last if you arent really good on that risk management thing because you do really need to sustain yourself and you cant be called a good trader or who do live because of trading if you arent really that good. Everything should be balanced from the time you spent on trading and the time you do deal up with your daily living because making things unbalanced would really result into this kind of common scenario where you are compromising
both health and social aspect.Always consider if you do like to live long where everything should be organized and time management.
Thats why profesional trader which living from trading. They dont wacth chart whole day. They only take 2-3 hours to analyze market and making decision at what price they want to enter market. And then they set the stop lost after calculating the risk factor. They wont use very big matgin. They have good risk management base on their money.
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Lots of factors you would really be considering first to have a balanced way on dealing up with things. Not only solely focusing on trading but also you do manage to balance out on socialism with others and doesnt really remove out your lifestyle in balance.
You would surely die if you do really risk out your health just for the sake of earning money.So you should really be careful on handling out things.
Dont focus too much or compromising you health because that would really be a big problem once your body will really be asking out.
I know everyone needs money to survive but we don't need to sacrifice our health just for this as once our health got to compromise the more we've got in trouble. We treat trading as a part of our healthy diet, do an office job, trading, sort of exercise, and turns to be a life cylce. What we are targetting here is how to sustain our health as the top priority, not money.
But sadly, some people will prioritize money over health.
Health is wealth, as the saying goes. But some people are taking this for granted.
They will only realize its importance when they are facing near-end of life or terminal illnesses.
Sometimes, we need to suffer some life-changing events before we see what's important in our life.
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Lots of factors you would really be considering first to have a balanced way on dealing up with things. Not only solely focusing on trading but also you do manage to balance out on socialism with others and doesnt really remove out your lifestyle in balance.
You would surely die if you do really risk out your health just for the sake of earning money.So you should really be careful on handling out things.
Dont focus too much or compromising you health because that would really be a big problem once your body will really be asking out.
I know everyone needs money to survive but we don't need to sacrifice our health just for this as once our health got to compromise the more we've got in trouble. We treat trading as a part of our healthy diet, do an office job, trading, sort of exercise, and turns to be a life cylce. What we are targetting here is how to sustain our health as the top priority, not money.
That's right.
Therefore, trading smartly and carefully.
SMartly is about managing and controlling our assets, our emotions, our feelings, funds, and also the risks. If we are able to control them, we can be saver enough when trading and Laos avoiding or pressing the risks of losoing.
And we can also trade carefully by not following the FOMO coins to invest. We need to be careful in choosing the right coin or tokens which may be scams or failed coins.
Lots of factors you would really be considering first to have a balanced way on dealing up with things. Not only solely focusing on trading but also Therefore, trading smartly and carefully.
SMartly is about managing and controlling our assets, our emotions, our feelings, funds, and also the risks. If we are able to control them, we can be saver enough when trading and Laos avoiding or pressing the risks of losoing.
And we can also trade carefully by not following the FOMO coins to invest. We need to be careful in choosing the right coin or tokens which may be scams or failed coins.
you do manage to balance out on socialism with others and doesnt really remove out your lifestyle in balance.
You would surely die if you do really risk out your health just for the sake of earning money.So you should really be careful on handling out things.
Dont focus too much or compromising you health because that would really be a big problem once your body will really be asking out.
That's right.
Therefore, trading smartly and carefully.
SMartly is about managing and controlling our assets, our emotions, our feelings, funds, and also the risks. If we are able to control them, we can be saver enough when trading and Laos avoiding or pressing the risks of losoing.
And we can also trade carefully by not following the FOMO coins to invest. We need to be careful in choosing the right coin or tokens which may be scams or failed coins.
Therefore, trading smartly and carefully.
SMartly is about managing and controlling our assets, our emotions, our feelings, funds, and also the risks. If we are able to control them, we can be saver enough when trading and Laos avoiding or pressing the risks of losoing.
And we can also trade carefully by not following the FOMO coins to invest. We need to be careful in choosing the right coin or tokens which may be scams or failed coins.
If I'm making me this kind of situation or obsessed with trading and does not make a cool brain can not wait for long run.This might not be a good fot us.I think in trading we have to be very sharp, very Intelligent have to patience all thouse critical situation which one Every trader going through I must say.Analysis Every movement make a decision on point and have to very clear Vision.Strong mind make a Long run to go have a faith on you and keep studying about the trading market. Make a Tricky Decision and dont make a quick decision. And a very important thing for me dont trade all your money for same token.
We should be patient and has contingency plans if the trade that we've done didn't go according to what we're planning to happen. Those traders who are obsessed with trading it's because it's probably their bread and butter and that's why they're too attached to it. And every single emotion that they do really moves the actions that they commit.
Worst case scenario, hopefully that there will be no more cases that does end up really badly.
If I'm making me this kind of situation or obsessed with trading and does not make a cool brain can not wait for long run.This might not be a good fot us.I think in trading we have to be very sharp, very Intelligent have to patience all thouse critical situation which one Every trader going through I must say.Analysis Every movement make a decision on point and have to very clear Vision.Strong mind make a Long run to go have a faith on you and keep studying about the trading market. Make a Tricky Decision and dont make a quick decision. And a very important thing for me dont trade all your money for same token.
If you are obsessed with trading and you forget to maintain your health just to watch the prices go up and down, then you will probably die from trading but that is a really rare case since people that are involved in finance tend to take care of their health since they know the mantra about health being a sign of wealth.
I don't think it is because working as a trader that will make us die, many cases occur because they are no longer strong to trade, yes suicide, many people try to kill themselves when they lose a lot while trading, until now it has been used as a meme if the price experience a dump,
my advice is not to think too deeply, take it easy.
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