Topic: Avoid trading unless you are sure of what you do - page 2. (Read 23276 times)
Nothing comes easy. every perfection in life was once a failure. the tendency of survival in any quest for money is the ability to continue after serial rounds of trial. if you really wants to make money in trading, u need to practise first. learn it the hard way and you will discover it is possible to trade and be successful.
Even if this is an old thread, the topic really does make sense. I had to admit that I am still not good in cryptocurrency trading, so it’s kind of a high risk for me until I learn the basic techniques first.
I made some few wins back then, but mostly I lost in cryptocurrency trading. Maybe because I didn’t believe in the project anymore, but all of the sudden, their token price has gone up from 100 sats to 600 sats in just a few days.
It’s one of the most stupid decisions that I’ve ever made by selling too quickly because of the belief that altcoin season may be far away from starting.
Anyways, the cryptocurrency market is unpredictable these days. You may not know when these altcoins (or even Bitcoin) may go up or down in prices. Even analysts and pro traders aren’t perfect in their predictions or analysis as well. Just my two sats.
I made some few wins back then, but mostly I lost in cryptocurrency trading. Maybe because I didn’t believe in the project anymore, but all of the sudden, their token price has gone up from 100 sats to 600 sats in just a few days.
It’s one of the most stupid decisions that I’ve ever made by selling too quickly because of the belief that altcoin season may be far away from starting.
Anyways, the cryptocurrency market is unpredictable these days. You may not know when these altcoins (or even Bitcoin) may go up or down in prices. Even analysts and pro traders aren’t perfect in their predictions or analysis as well. Just my two sats.
Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something
This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop
Actually you can make the bad experience which you get in past as a lesson so that in the future you are will ready and proficient in trading. I think All we have ever felt a failure or loss in trading but we had to move on and change for the better again. This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop
I believe OP is included as someone who didn't take any action when he felt a lost. He just make a deposit continously without know the strategy that should he take when look the market situation. I was felt like that, but I tried to learn more and make an evaluation so as I can handle every market situation and I'll know the strategy that should I take when I decide to entry.
Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something
This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop
This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop
Yes true we have to avoid trading if we don't know what to do because we might lost all what we have. I experience it before l trade my tokens its my tokens having big amount l almost lost it but l ask help to my sister and she brings back to me. From that day lm afraid to trade again.
As a forex trader, lack of knowledge will be your biggest enemy. Initially I had the beginner’s luck going on but after sometime I realized I had no idea what am I up to and incurred losses one after another so I increased my knowledge about trading and today I am doing quite well.
Trading is a good opportunity to make a profit. But if you enter market and don't have enough knowledge there is 'a a high chance that you'll lose money.
You should do a market reserch, find out more about the coins you want to invest in & be mentally prepared because there is a high level of pressure.
Personally i started with Monfex and can state it was really good platform ,especially for for newbies
You should do a market reserch, find out more about the coins you want to invest in & be mentally prepared because there is a high level of pressure.
Personally i started with Monfex and can state it was really good platform ,especially for for newbies
This is a serious issue that newbies in trading should take note of. Trading its not for Every one if you do not have patience and the tenacity to withstand heartbreak then dont bother diving into diving
what makes successful in trading following rules , be patient , learn properly and do analysis , manage your risk , dont brake your own rules this are the common points which you find everywhere and this is what any trader must do to get success in trading
when you're not ready to trade, it's better to avoid it. when you are ready to accept all the risks, and the possibility that could happen to the world of trading, I think we really have to consider all the things you say. many things really need to be considered after you are ready to trade.You have to face your fears of losing your money and take the risk of investing real cash to see the results.
Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something
This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop
This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop
Really whatever you said is completely correct.
I am also agree with you, with your thoughts.
These mistakes are always made by newbies and when the loose some moneys and cry.
If you lack confidence on yourself, then surely you gonna make loss. That's natural.
And now in case of trading, if you are not in a state of trading, then just do not do it.
Else there is 100% chances, bad fortune will be with you.
i agree, you would never know what to do, until you actually try it. so don't just follow other or sit aside, get up and try.
Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something
This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop
This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop
Cryptocurrency trading is unpredictable and mostly technical analysis while gambling has fixed odd system for all major games and I believe that crypto trading is not another kind of gambling.
Bad experiences are part of trader's education and those mistakes you've made will make you wiser in the future. If you really want to become a successful trader then accept every bad experience, learn from it and continue trading.
what makes successful in trading following rules , be patient , learn properly and do analysis , manage your risk , dont brake your own rules this are the common points which you find everywhere and this is what any trader must do to get success in trading
when you're not ready to trade, it's better to avoid it. when you are ready to accept all the risks, and the possibility that could happen to the world of trading, I think we really have to consider all the things you say. many things really need to be considered after you are ready to trade.
what makes successful in trading following rules , be patient , learn properly and do analysis , manage your risk , dont brake your own rules this are the common points which you find everywhere and this is what any trader must do to get success in trading
Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something
This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop
yes in sometimes it really happened at this time your statement is really true and once you have got confused with something you need to hold your mind for sometime then only your decision will be clear and you got the opportunity get very low loss.This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop
One day you will find a good method in trading.
Actually, knowing what to do isn't just the best thing to do. Even you're a newbie, you can trade. Just know the necessary actions to put your orders of course. There is a thing we call beginners luck. With this, beginners got to have wins even though they are just beginners.
But actually, that beginner's luck doesn't work at all times. We are from the beginners, too. We hastily trades without thinking before. We learn by mistakes and that makes us to be eager to learn more. We are now an experienced trader who don't enter trades without basis. Relying on luck will not make us as a succer trader.
Lol. It's foolish to rely on anything about luck. I don't believe in beginner's luck myself. I call it coinsidence. And if a beginner isn't careful and responsible enough to make the proper preparations, it's almost an automatic loss. Also, not being sure of what to do makes you prone to committing newbie mistakes that borders on emotions. Preparation is always better than luck.
While doing anything, including trading, we have to have plans to achieve. We can't just trade carelessly without a plan when we will take the profits. For newbies, they can start with small amount first and gradually increase the amount as soon as they get enough experiences.
Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something
This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop
This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop
Cryptocurrency trading is unpredictable and mostly technical analysis while gambling has fixed odd system for all major games and I believe that crypto trading is not another kind of gambling.
Bad experiences are part of trader's education and those mistakes you've made will make you wiser in the future. If you really want to become a successful trader then accept every bad experience, learn from it and continue trading.
Again, Trading is very risky you dont when it will go up or go down sometimes its just speculations of others what will be the next stop of the price. No one knows, it was all prediction they are just guessing the next price hoping they are correct since they studied it. Simple, trading is not that easy its like gambling sometimes you win and sometimes you lose.
Its like that, but like in gambling if you dont try it, practice it, you will never learn nothing about it, you will lose your chance to earn from that. Avoid trading with amounts that you cant afford to lose, its some rule in trading, gambling, when you give it a thought or two its like that in life. Try to be safe player, until you learn more, play it safe in all possible situation, when you are buying or selling, never do that with all money you have, all in`s ends up bad in most cases.
Again, Trading is very risky you dont when it will go up or go down sometimes its just speculations of others what will be the next stop of the price. No one knows, it was all prediction they are just guessing the next price hoping they are correct since they studied it. Simple, trading is not that easy its like gambling sometimes you win and sometimes you lose.
Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something
This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop
This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop
Cryptocurrency trading is unpredictable and mostly technical analysis while gambling has fixed odd system for all major games and I believe that crypto trading is not another kind of gambling.
Bad experiences are part of trader's education and those mistakes you've made will make you wiser in the future. If you really want to become a successful trader then accept every bad experience, learn from it and continue trading.
Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something
This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop
Do t be addictive when it comes to trading give yourself a limitation, maybe sometimes we can't stop ourselves but be more careful and mature. Always think that sometimes being greedy in anything will take you to wrong situations like in trading, so better give your self a limitation. You don't need to avoid trading as long you know what you doing and being responsible. This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop
But don't dpened trading as your only income which is the most ricy thing and will make us more stressed.
Speaking about that risk on trading, I guess it really depends on how you play it on the reality. Virtualization wise is only the effect afterwards, so we must choose the right coins to invest with. Avoid selecting those made you uncertain, because that will put you more at risk. Ensuring the right ways to do, is much better compared to those who didn't have the strategies.
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