Avoid trading unless you are sure of what you do - page 8.

whirlcoin

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Quote from: Coinifyx on November 07, 2018, 08:13:57 AM

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

in sometimes we don't have a clarity about what we are doing in this field because the confidence level will reducing little by little while you don't have an interest about trading at that time we need to stay at this point and make some ideas and experience then moving on will give the more ideas about trading and how to do it it will be the right way to move on at this situation.

Bonsaiav

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Quote from: Coinifyx on November 07, 2018, 08:13:57 AM

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

I'm very sure that until now there's still a percentage of individuals who think that trade's something terrible, not even a few who taste it as a trap. For those who are still unfamiliar with the world of commerce, of course this will be a separate assumption, especially for those who don't even want to learn it, of course this's something that's not attractive to everyone. I feel worried, if this negative assumption continues, most likely will actually kill those who have intelligent thinking.

In my opinion trade isn't like that, but psychological games are directly related to the mental and mind of the perpetrators. In commerce, anyone can learn how to make / study diagrams, read indicators and measure market cycles, but you must remember trade is not rocket science. Because trade, more likely to lead to someone who wants to spend time and high dedication especially in learning the concepts and try it.

Bagaji

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Quote from: Coinifyx on November 07, 2018, 08:13:57 AM

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

It seems you have had a bad experience from trading crypto currency if am not mistaking. Trading crypto currency required good knowledge of what it entails such as technical and fundermental analysis of the market for those who are new to market.

Noa_Amable

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Quote from: Coinifyx on November 07, 2018, 08:13:57 AM

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

Well, some treat trading as a fun or a way to beat stress

omonuyak

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Quote from: Coinifyx on November 07, 2018, 08:13:57 AM

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

Trading is very risky though it is still very possible for one to make money from it. In cryptocurrencies market investing is a game and it is your skills that will put you in the advantage. I think cryptocurrencies is far better than gambling as you can control your risk to some extent.

Rooster101

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In gambling, you need good knowledge and skills to win a game, the same also to trading, a proper knowledge of price action, analysis and strategy is needed to win a trade. Many newbies have the tendency to join the trading despite their lack of knowledge and the result is often lost of significant amount of their money. Learning how to trade is still the best way to avoid further losses in the future.

mersal

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Quote from: Coinifyx on November 07, 2018, 08:13:57 AM

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 you are right but trading is not the same as like gambling it different from gambling in many ways because gambling is always been adjective but trading is not like that so my opinion is when comes to trading people will use their strategy and knowledge but in gambling it is all about luck only.

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Quote from: Coinifyx on November 07, 2018, 08:13:57 AM

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

Trading doesn't work like that. You don't need to be an expert trader or whatsoever in order to be profitable in trading. What you really need is to understand how will you determine if the market is going up or down with the helps of indicators and other tools.

Ronaldcoin2017

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Quote from: Vaskiy on February 26, 2019, 03:05:10 AM

Quote from: zhekinsp on February 26, 2019, 02:31:12 AM

Avoid trading when you are not in need of money in short term,but you can learn the trading when you not have knowledge about it but you need to face any risks happening from trading like loss in money,time need and hard work.

Rather than avoiding it is good to go with small amount of investment. This will let you good return on the investment if lucky else one can earn good out of the active involvement into trading activities with that small amount. Also even if something goes away from the trading perspective it won't affect big as the investment is small.

I agree on that, trading is a good way to earn a huge amount of profit, but is we are a beginner normally we don't really even know what to do and we are surely loss a huge amount of we do trading with a big amount, I agree that we need to start in a very few amount before we proceed to big amount because new trader is on the learning stage. Maybe in the near future we can really know exactly what to do and earn, but for now I think we need to be careful.

Vaskiy

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Quote from: zhekinsp on February 26, 2019, 02:31:12 AM

Avoid trading when you are not in need of money in short term,but you can learn the trading when you not have knowledge about it but you need to face any risks happening from trading like loss in money,time need and hard work.

Rather than avoiding it is good to go with small amount of investment. This will let you good return on the investment if lucky else one can earn good out of the active involvement into trading activities with that small amount. Also even if something goes away from the trading perspective it won't affect big as the investment is small.

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Avoid trading when you are not in need of money in short term,but you can learn the trading when you not have knowledge about it but you need to face any risks happening from trading like loss in money,time need and hard work.

maxreish

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You're right, and also avoid trading if you do not have enough courage and sufficient ability to do this. Before you start trading, you must be prepared for anything that will happen. Fucos and timing is also very useful in this kind of field. Also, you should have to set aside greed. The more you gain knowledge, the more you will have courage and confidence that your trading will be profitable.

GreatOrchid

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Quote from: automaticmoney on January 30, 2019, 01:07:42 PM

yes it is advisable not to put trades unless we are confident enough what we are doing confused trades will put us in trouble

Not all the experienced traders would go for confused trades but instead most of us always go for the traders only which are deeply researched by us individually by studying the graph, volume, etc. Investing and making profits by trading is always considered an easy task but it is really a time consuming and difficult task which can only bear good profits if we try hard to gain them orelse we need to undergo loss and start over.

Jhonyguy

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making decision in panic means that trade will not hit target and it will take SL for sure and trading is all about going with plan not just jumping in trades randomly

automaticmoney

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yes it is advisable not to put trades unless we are confident enough what we are doing confused trades will put us in trouble

gabmen

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Quote from: akram143 on January 29, 2019, 04:42:57 PM

Quote from: marcbitcoins on January 28, 2019, 08:41:58 PM

Actually, everyone is uncertain regarding the future of their investments specially in trading due to volatility of the market in which the price become more unpredictable therefore even if you know of what you are doing but still the chances of losing your money is high. To minimize lose specially in this bearish market then i suggest to invest only what you can afford to lose until the market will become bullish again.

Sometimes trading is also went with wrong direction like gambling when you are not as doing it properly it will makes you more addictive than gambling so if you have the managing quality then you can change it easily but some people don't know how to get back from that so they need to train more.

That's why you have to be sure about it before to start dealing with it. Being sure means that you accept that it's inevitable to lose money when you trade. No one gets a perfect trade all the time. And you also have to accept that there will be swings in emotions that you have to control to avoid major losses and foolish decisions.

EXtremeAEX

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Quote from: Coinifyx on November 07, 2018, 08:13:57 AM

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

Each of the successful traders had a bad experience. And each of them made the right conclusion from this experience. You should not stop if your past experience is unsuccessful, just make a conclusion and don't make such mistakes.
Planning helps me a lot. Before opening a deal, I write down the price at which I want to sell in case of further price growth + the price at which I will be forced to sell in case of a price fall (stop loss). Also, before each deal, I work out my possible emotions with different results of the deal. This is a great help to cope with emotions in reality.
Also learn more about crypto trading. Despite the fact that I already have trading experience in a few years, I try every day (as far as possible) to study some new information.
No need to be afraid, just take it and do it. Just remember, you already need to go to another level in trade, your previous one is not suitable for you.

akram143

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Quote from: marcbitcoins on January 28, 2019, 08:41:58 PM

Actually, everyone is uncertain regarding the future of their investments specially in trading due to volatility of the market in which the price become more unpredictable therefore even if you know of what you are doing but still the chances of losing your money is high. To minimize lose specially in this bearish market then i suggest to invest only what you can afford to lose until the market will become bullish again.

Sometimes trading is also went with wrong direction like gambling when you are not as doing it properly it will makes you more addictive than gambling so if you have the managing quality then you can change it easily but some people don't know how to get back from that so they need to train more.

Babyrica0226

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Quote from: Coinifyx on November 07, 2018, 08:13:57 AM

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

But for those traders who are greed while doing the actual trade they always got loss because of this behavior, so the result in the end most of

the time was loss their coins. But they've always never learn from it. Although your advise was really good reminders here also.

avarnet

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Quote from: MURONDI on January 29, 2019, 03:30:43 AM

Quote from: heninur on January 20, 2019, 04:29:15 AM

Quote from: Coinifyx on November 07, 2018, 08:13:57 AM

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

right, if you feel you don't have the ability to trade, then avoid it. because even though we still force it to trade, only the losses we will get.
almost everyone has experienced a bad experience of trading, including I have also lost money because of trade, and until now I have never traded again.

not all people are good at trading, but if you don't have the ability to analyze the market there are still other ways you can still trade, for example, following a signal that is trusted.

of course, because there are already so many people who often fail because trading here is very difficult, especially as conditions like this to get profits or results are difficult

Topic: Avoid trading unless you are sure of what you do - page 8. (Read 23276 times)