Post
Topic
Board Trading Discussion
Re: Reasons for traders to look at!
by
1Referee
on 25/12/2019, 13:41:27 UTC
If you have negative thoughts while trading, it is best to stop and resolve those emotions before returning to your trade.

Easier said than done. In a market like crypto that's active 24/7 there isn't really a moment to step back and get yourself together. Traders want to utilize every bit of the time they're awake looking for opportunities to trade. Not trading means missing out on potentially very lucrative opportunities. It's not like the legacy markets where you can take a (forced) break in the evening and weekends.

Crypto is brutally time consuming. Something that I have had to learn the hard way myself, hence the reason I no longer day trade. I used to trade spot without leverage, can you imagine how more stressful it is for those who are day trading with leverage all day due to the increased risk of getting liquidated? Nothing to like about it.