The Benefits of Active Trading

19 replies 466 views
calmorbitFull Member
Posts: 71 · Reputation: 573
#1Feb 3, 2022, 07:19 PM
I've noticed some people really pushing the idea of active trading. Some even doubt whether it can truly be seen as a career focused on making profits. You've got one group treating it like a fun hobby and another considering it a serious life choice. But no matter what you choose, the truth remains that if you’re going to do something, you might as well do it right. Think about it. If you're nailing what you're meant to do in trading, it can lead to rewards like recognition and respect from others. When you start excelling, folks want to hear your insights. You could even take part in big events like Trading Showdown, showcase your gains, and share your journey with your followers. Whether you think of trading as a big deal or just a side gig for some extra cash, I really believe it’s important to make the most of each trade. What are your thoughts?
4 Reply Quote Share
alex.shardLegendary
Posts: 1019 · Reputation: 5623
#2Feb 3, 2022, 09:20 PM
The risks in trading is similar to gambling but their differences is that trading can be better if done well and it is not a hubby. What motivates people is the money they can make from trading. If no one is making money from trading, no one will want to trade. Trading is not a hubby. I still do not know the purpose of this question.
1 Reply Quote Share
tom.cobraFull Member
Posts: 103 · Reputation: 409
#3Feb 5, 2022, 06:57 AM
If you have been trading and have experienced profits, whether it’s big or small, it’s best to continue trading and maximize your potentials in it. However, not everyone has gained trading experience the way you do, some are actually losing and end up wasting their money and time. With that, it’s better to find another activity that is making you productive and profitable. Do not stay in trading just because others have been making a lot and have been living comfortably from trading returns, find your own means that will best suit your personal skills and abilities.
2 Reply Quote Share
Posts: 24 · Reputation: 107
#4Feb 5, 2022, 08:02 AM
If you have the skill to make profit in any coin then you really should not leave it because anyone who is skill in trading does not leave profit like this nor work leave it.  I have enough knowledge about trading but no experience the day I get the experience in it means that if I start work in it I will start it and earn profit from it. I think it is difficult to find a better job because it is the best and most profitable job that we should continue to work with.  This is completely wrong we have to think and work by look at the market conditions. Trading is a work of peace which we should do separately so that our mind will also be at peace and we can make good profit.
4 Reply Quote Share
jake.seedFull Member
Posts: 180 · Reputation: 698
#5Feb 5, 2022, 08:24 AM
No one will see trading as an hubby if they’re profitable in it. Everyone will see it as a path to succes and their work if they’re profitable at it. Don’t allow the way others view trading influence your way of seeing it. Once you’ve made up your mind to be a trader, to be profitable in it, you just have to go in full time and spend more time in order to achieve success in it. It is a gradual process worth learning every piece of it well. One things about trading is that when you begin to be profitable, you’re most likely to show off more especially when you plan to open an academy to teach people on how to trade. Have lifestyle of most traders and only few of them are introverts. When you’re profitable and good at what you’re doing, people will want to hear anything from you and they will see all as accolades all the time. Trading is a show off game, the more you do it, the more followers and recognition you get. What is more important is that you’re good at what you’re doing.
1 Reply Quote Share
mr_satoshiSenior Member
Posts: 305 · Reputation: 1629
#6Feb 5, 2022, 02:29 PM
Every moment surely counts in trading. If you are active in trading, observing each moment as it comes, you will be among the first to observe and see an opportunity that you can take advantage of once it starts presenting itself on the chat simply because you are active.
2 Reply Quote Share
calmorbitFull Member
Posts: 71 · Reputation: 573
#7Feb 5, 2022, 07:57 PM
This is my point. I mean most of us won't be in crypto today trading if we have not seen someone else's success somewhere online or offline; it could be our friends at the office or a family member or even some random person who has spoken about it. We should not lose that sight. I just saw some influencers talk about some 10K USDt they are hoping to get from their trades and was like how the heck would they not get to win it when they are already bit, which what inspired me to say what I said, because believe it or not, these guy win big on Bitget, Biance and those CEXs you see are top today, we could be in the dark we need some light.
4 Reply Quote Share
paulyieldSenior Member
Posts: 518 · Reputation: 1547
#8Feb 6, 2022, 12:09 AM
yeah every opportunity worth delving into is a worthy shot, whether it's trading as a side hustle or full time job. but I think there need to be trial and error test first before we're getting fully committed in it. when it comes to trading, everybody will always try their hardest to outsmart the other party in making money, so everyone is trying to do it well here, it's just that market so abstract and there's always smarter person out there so it's not as easy as you depicted, to do well in trading.
4 Reply Quote Share
sigma07Senior Member
Posts: 434 · Reputation: 1309
#9Feb 6, 2022, 01:35 AM
It is worth doing if you ended up as a profitable trader. But the majority who chooses to become a trader doesn't see they're going long term on it because, there is a likelihood that we'd lose money than making in there. And, hobby not hubby. I agree, it's best to just do what works best for ourselves. And that's why trading is not for everyone. This is meant for those that have the balls to take as much losses as they can because it will never be the same for each that aspires to be one.
1 Reply Quote Share
w1z4rd100Senior Member
Posts: 302 · Reputation: 1279
#10Feb 8, 2022, 02:16 AM
For me, trading, like any skill, rewards those who put in the time to understand it. Some see it as a side hustle, like extra income or passive income, while others go all-in and make it their primary source of income. But for me, strategy, discipline, and continuous learning determine success, it's not an overnight success.
2 Reply Quote Share
leo_falconFull Member
Posts: 49 · Reputation: 420
#11Feb 9, 2022, 04:21 PM
Trading is not easy to process. Frist, you will know the trading process. Knowledge is important for the trading process. You will improve the skills. It's easy to help in the trading process. Time in important for the trading process. So time to invest in trading process. It any time to change the prices. If you will know about the trading process, it will be given more opportunities for your future. So improves the trading knowledge.
3 Reply Quote Share
greglaserFull Member
Posts: 180 · Reputation: 542
#12Feb 9, 2022, 04:27 PM
You can start your career in any occupation, area if you want but only after you do your research about it, learn enough necessary knowledge and skills, as well as have enough training/ tests with it. Theory and practice are not the same, and practically most of traders lose their money, so you have to know about this big fact and test as well as assess yourself as whether you fit well with trading and can belong to minority that can earn profit through trading in the market. You can test with demo trading, if it is good, start trading with your money, but not all capital you have. Because very high risk of trading, it's very likely you will lose money in your early trades and months, so reserve most of your capital for other things, and for your future chances to succeed in the market.
4 Reply Quote Share
coldaltFull Member
Posts: 161 · Reputation: 778
#13Feb 9, 2022, 09:19 PM
If what I enjoy doing foots my bills or gets me my flowers, it's a double win. It's the same thing with virtually all footballers. They get paid doing what gives them joy. Trading is a career path and a source of livelihood for a lot of people and that's serious business. For me, trading transcends all that into a hobby. While it's a hobby, it's also a serious business. Trading puts food on my table. Anything that puts food on the table should be seen as a serious business.
3 Reply Quote Share
alex.shardLegendary
Posts: 1019 · Reputation: 5623
#14Feb 9, 2022, 11:26 PM
Never mind me, trading is not a hobby for me. It is strictly about business and making money. Although I have come to the time that I make money from trading but still I feel exhausted daily while trading. Or maybe you are a swing trader which is not that stressful. But if you trade like scalping and day trading, it can exhaust energy from you and it is not a hobby even while making money with it. But making money from trading is very good.
6 Reply Quote Share
degen_nonceFull Member
Posts: 134 · Reputation: 434
#15Feb 10, 2022, 12:11 AM
Everyone with the way they sees trading as, everyone has their scope towards trading and what they believed on. Trading in one way or the other is easy but when you don't understand trading how it works it becomes very complex for you, but when adequate learning and practicing you became that knowledgeable to began to earn through trading, but the most important thing is you must use what you can afford to lose to trade. The more you lose you keep trading to increase your chances of knowing more hidden things about trading, and do not mind those who says that trading is hobby, is just like saying they love losing money because we can also refer trading as gambling and you know what gambling is. You can easily lose what you use in gambling or trading, therefore whatever amount you are using for trading should be equivalent to what you can afford to lose.
6 Reply Quote Share
alex.shardLegendary
Posts: 1019 · Reputation: 5623
#16Feb 10, 2022, 06:23 AM
I agree that a trader should use the amount of money that he can afford to lose to trade but I do not agree that we can refer trading as gambling. Trading and gambling are completely different but their risks are similar because most traders do not know how to trade but have greed and doing trading like gambling.
1 Reply Quote Share
calmomegaSenior Member
Posts: 125 · Reputation: 829
#17Feb 10, 2022, 08:33 AM
I mean yeah, that's the general idea with trading anyway, buy low sell high. I reckon the only difference between active traders is that well, they're more active on the market. They're more likely to notice/see small changes that can cause waves, new coins that pop up that might boom (temporarily or not doesn't really matter), and stuff like that. It still ultimately depends on the skill on whether or not they'd make more than someone who just invests passively but as the case with risks, the greater the risk the greater the possibility as well of losing it all. And ngl if you were going to do it for clout might as well just go for content creation and leave trading. I don't think you can actively do both unless you're REALLY rich already.
4 Reply Quote Share
im_novaFull Member
Posts: 127 · Reputation: 730
#18Feb 10, 2022, 08:42 AM
I can't imagine how someone can make Trading a career path because unless you are a whale, you highly depend on your luck. What happens if we leave a whale without thousands of bitcoins? He no longer be the whale and no longer will profit from the market unless he becomes very lucky. So I don't look at trading as a profession because I believe you are a professional trader till you have funds and connections to manipulate the market. For me, trading started as a hobby and when I started day trading, I made lots of money but then lost lots of money too and after many successes and failures, I decided to change my plan and focus on trading only when I think it's best to trade. Day trading requires you to be 24/7 with a computer screen without sleep, such a lifestyle is very stressful and impossible to maintain.
1 Reply Quote Share
CalmLedgerSenior Member
Posts: 236 · Reputation: 1270
#19Feb 12, 2022, 11:52 AM
From the word itself "active" then you can really say that they are really that dealing up with the market on active manner on which surpassing into those traders who are making up some entry or exits with swings. Day trader or Intraday or being a scalper does have that different approach but knowing that active dealing does impose that greater or bigger risks on losing up in comparing into those who had decided on holding up their positions for too long. Somehow not all people will be having that the same level of patience or tolerance if we do speak about waiting game before you can be able to make profits with trading. Yes, the most basic approach will really be buying low sell high thing but its not something which is really that easy to be done. If it was easy then majority of traders are already that rich and there are tons of people will be diving into trading. When it comes to opportunities then we do really know that the market is open 24/7 on which you can be able take up some chances that you can be able to dive and see for some entry and able to exit for profits but of course this wont really be that easy and thats why profitability will really be that different to each other or with each trader. Therefore, it will be that up to you whether you do your best on dealing up with the volatility and embrace out on the risks because we do know that this isnt something that would really be so simple.
0 Reply Quote Share
calmfalconSenior Member
Posts: 181 · Reputation: 966
#20Feb 12, 2022, 01:04 PM
If it was big already is our profits, it would be crazy if we will drop it and look for the other unsure work. While it was those who earn small are the ones who usually does that. Maybe if they only learn to extend their patience, they still can see an improvement later on. We can try and not earn a profit but I think we still can learn something out of it, so I won't say that we only lose money and time with it. We can use that experience for moving forward in life or in other niche but we can also try again and maybe see a much better result this time. I like the last thing that you said there and I think we must start on it first before checking out others.
2 Reply Quote Share

Related topics