Post
Topic
Board Trading Discussion
Re: Bitcoin/Altcoins trading
by
zzSunZZ
on 05/10/2017, 15:31:47 UTC
Honestly, I have been trading for about 2 years seriously and can say I don't like the term "full time trader" nor do I think anyone should aspire to be such, let me articulate a bit. First of all trading isn't a linear profession in that if you sit in front of your computer for 40 hours a week it doesn't result in X income -- to the contrary you will have weeks upon weeks of grinding out small gains or losses near break even followed by a few weeks of the year where you probably make over 80% of your yearly income. The thing is you can't just be on vacation during all that down time as the setups present themselves in windows and they come and go quickly enough that if you aren't holding your finger to the pulse of the market you will miss most of the moves. So in order to do so you still need to be engaged but I would say you should find other things to do to make money and occupy time that is of productive nature -- that includes trading other markets as well as doing work completely unrelated to the markets to keep your mind fresh.