Do we really know how to trade? | Bitcointalksearch.org

traderethereum

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A lot of traders do not know how to trade. Because they want to make a profit immediately and do not assess all the risks.

The point is they don't want to learn about trading because they feel that it will be too difficult to do that thing.
But if they want to realize, there are no ways to make a profit unless by learning to trade.
No pain, no gain.
That will be a reason for them if they want to make a profit in trading.

Best Dreams

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Quote from: babykika2027 on May 10, 2019, 10:41:22 AM

everyone knows about basic trading, but not everyone really knows the market conditions. some traders are impatient and too greedy in trading, and then they lose. experience and knowledge will be very helpful, of course, must be sure of our instincts to make decisions

Agree with you to trade well we will have to control our greed the most, we don’t really know all the trading rules so better don’t take rush decision, try to spend time in market and observe which coin is now a day at value that can give you better output, so spend your money with the coin you trust the most, and trade for long term so you will be able to control your emotions.

coinplus

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I personally think that I don't. I trade here and there and not that much so I could be considered a "mid-term investor" instead of trader but if we consider them about the same then I can clearly say that I don't know when to buy. Most of the time whenever I buy something same thing happens, it goes down a bit, it stays there for a long time, then it goes up a lot.

So yeah, I do profit from my trades almost all the time which means "I know how to trade" but considering I could have bought lower since it dropped after I bought I have technically lost on my profit which is why I think I don't know how to trade. If it comes to day trading and buying/selling with small movements then I am not good at all, I can't know any coin going any direction in that much short span of time.

SirLancelot

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Quote from: babykika2027 on May 10, 2019, 10:41:22 AM

everyone knows about basic trading, but not everyone really knows the market conditions. some traders are impatient and too greedy in trading, and then they lose. experience and knowledge will be very helpful, of course, must be sure of our instincts to make decisions

The reason that trading is tough for so many people is purely because of the numerous factors that affect the market. When it comes to a bear market, making money by trading is far more difficult let along maintaining your own value due to fall in the market values. This leads to panic sell and many unwanted outputs. You need to be learned a lot to be instrumental to make money.

babykika2027

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everyone knows about basic trading, but not everyone really knows the market conditions. some traders are impatient and too greedy in trading, and then they lose. experience and knowledge will be very helpful, of course, must be sure of our instincts to make decisions

novaprime

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Quote from: petermike on May 09, 2019, 06:30:14 AM

For me, to be able to trade investors must be knowledgeable about the crypto market. Be sensitive to the market and capture the right time to accept to cut loss if the market falls and buy back when the price is low. Potential Altcoins and fast buy as well as fast sale.

This requires a great deal of knowledge in this market because making a profit is not easy in this discount market. Most altcoin is in a downward trend as an opportunity for you to start making a profit because after each discount, there will be a big recovery and you need to have good psychology to sell at a high price. Now is the chance that you need to grasp and just choose potential coins to join the trade

Mahanton

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Quote from: rizkyhiw on May 09, 2019, 06:08:00 PM

Quote from: Kelvinid on May 09, 2019, 05:58:56 PM

IMO, trading is not necessary for us to learn, it is just an option and it is up to us if we want to know about trading.
Trading is having a high risk, a lot of things to consider in trading which gives difficulties for beginners. Many individuals tried in trading but somehow they end up into losing cause they don't feel comfortable in doing this and also lack of knowledge and interest.

But at least we have to know that the concept of trade that is good and true indeed all have a high risk, but do not be blind with all the knowledge available about trade, it's up to trade is the choice by taking the right momentum at a cheap price by selling a fairly expensive price a simple concept, everyone has the right to trade in their own way but it would be good to continue to do the analysis because it will be useful in the future not only in the crypto scope but beyond that may be useful.

Analysis and self awareness regarding to your actions is always been an advantage not only on trading itself but in all sorts that do require decisions in life.
Good decisions will always result to good outcomes.Risk is always there but atleast you do know that theres something in return if you do decide to proceed on.
Concept on trading is pretty simple but im pretty sure it isnt really that easy.

rizkyhiw

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Quote from: Kelvinid on May 09, 2019, 05:58:56 PM

IMO, trading is not necessary for us to learn, it is just an option and it is up to us if we want to know about trading.
Trading is having a high risk, a lot of things to consider in trading which gives difficulties for beginners. Many individuals tried in trading but somehow they end up into losing cause they don't feel comfortable in doing this and also lack of knowledge and interest.

But at least we have to know that the concept of trade that is good and true indeed all have a high risk, but do not be blind with all the knowledge available about trade, it's up to trade is the choice by taking the right momentum at a cheap price by selling a fairly expensive price a simple concept, everyone has the right to trade in their own way but it would be good to continue to do the analysis because it will be useful in the future not only in the crypto scope but beyond that may be useful.

Kelvinid

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IMO, trading is not necessary for us to learn, it is just an option and it is up to us if we want to know about trading.
Trading is having a high risk, a lot of things to consider in trading which gives difficulties for beginners. Many individuals tried in trading but somehow they end up into losing cause they don't feel comfortable in doing this and also lack of knowledge and interest.

creeps

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Quote from: petermike on May 09, 2019, 06:30:14 AM

For me, to be able to trade investors must be knowledgeable about the crypto market. Be sensitive to the market and capture the right time to accept to cut loss if the market falls and buy back when the price is low. Potential Altcoins and fast buy as well as fast sale.

A risky move to trade without knowledge and that is a pure greed because for sure you are just thinking about buy and sell. We really need to know how to trade with real knowledge and not just by the advice of the pump group, newbies are expected to be a good trader in the future but they must start learning so they can achieve it. Many losses that can happen if you don’t have any knowledge in trading.

DeadCoin

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New to trading. Came in five months back. Started learning few basics. Sit everyday at videos and channels where trading is taught or trading tips are shared. Lost money at the beginning and now able to hold back when its not required. Updating myself with everyday's news. This is how one should trade.

Sum24

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Quote from: senyorito123 on May 08, 2019, 08:26:50 AM

Quote from: traderethereum on May 08, 2019, 02:27:33 AM

Quote from: futile-resistance on May 08, 2019, 01:53:19 AM

Quote from: traderethereum on May 06, 2019, 02:59:19 AM

To be honest, I never think about if I really know how to trade or not. All I need to do is buy at a low price and sell at a high price, and I am very agree with that.
With only following the basics methods of trading, we could always make a profit in every day, but unfortunately, it's not easy as we say because it will need more learning and more experience to know the right time to buy and sell.
I suggest you do not think about that because you will be confusing to determine the truth, the best thing you can do right now is continue to trade, try to buy low and sell high, and you are good to continue.

The only key to success in trading is buying low and selling high but buying low is really a challenging task as it really takes a lot of research and knowledge before you know the perfect dip. Any new individual who would join trading can even have profits if he invest in any random coin when the coin is deep seeing the yearly graph ratio and waiting until the expected price is been reached.

This will make profits for those peoples much easier and also not much skills are required there. But a professional trader can find a dip in any coin he is interested in and will invest at a perfect price setting a stop-loss and waiting for the expected price to reach.

I definitely agree with you that is the only key to success in trading. But we know not many people who can buy low and sell high, and many of them have big greediness in trading, so they want to make a bigger profit.
In the basics of learning trading, buy low and sell high will be work in many situations but the problem, we cannot determine when the price can reach the low price and when the price can increase.
And if that is happening to us, then no other way for us to learn more about trading so at least, we can predict when the time comes.

If you aim to trade and be successful with this said field, it takes interest to learn and be knowledgeable about it. It's best to acquire skills to be properly guided. It all depends on us on how much effort we put in order to be rewarded and the hardwork we invest that would lead to success. Staying informed and be updated can be very helpful inorder to stay on track. Never invest too much emotion, trading is not all about gaining positive outcome. Learn from failures and move forward.

This kind of skills can be gained from google or from your tube because there are so many websites that gives benefits to all traders, we can use it and collect so many knowledge about trading we can get the opportunity to buy some coins at low price then we learn how to keep it longer and never sell it until the profit becomes more than double for us.

Gozie51

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I got interested in your last paragraph where you are comparing trading to warfare. I think I'm not very much relaxed with that kind of idea. If we trade like we are fighting war, it means even when we lose, we are still going to keep fighting until nothing is left (our money Grin

).

I see trading as a game or fun kind of stuff and that is how it goes for me.

You don't fight the market because if you do, you will crash yourself.

sujonali1819

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Quote from: CryptoLing on May 09, 2019, 05:40:35 AM

Many people sure know how to trade, but the real question is "Do anyone know what will happen in the future?" and the answer is no. Trading might involve technical analysis and/or fundamental analysis and analysis is just a guide to see the what will happen but nothing is certain.

Yes, there are no people who know the future. But who has heavy experience in the crypto market and who can analyze the market situation, He can predict sometimes that where can the market go. But not exact only around. And we should mind that all time all analysis can not work properly and the prediction can be failed.

moynul2050

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Quote from: miropp on May 08, 2019, 04:50:34 PM

Many people, especially beginners make a significant error, about which you wrote. They immediately start trading without understanding the General rules of trading. But the most important thing it is study. We should always start with this.

mistake are often experienced by beginners, they only think about profit without thinking about the risks of the trade they are doing, learning is certainly a very good thing especially if we can learn from the bad experiences we have experienced so that we don't fall into the same mistakes both times.

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Quote from: Ararbermas on May 09, 2019, 05:28:43 AM

Perhaps only greedy and lazy ppl is the one that really dont know how to trade and how to play safe on it especially noob. Actually im not an expert about it but i have enough knowledge which in order to avoid losses and etc. Yes trading is a very difficult way to multiply our money but if you really interested on it and you always make a research then it will become so easy and safe way to gain profits..

Sometimes greed will make us a better player in the trading but if they are just beleiving their luck to bring profits for them then it is not going to work.Trading is simple but not easy to make profits too often so they need either patience to play safe as long term trader or skills to analyse the market for day trading profits.

petermike

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For me, to be able to trade investors must be knowledgeable about the crypto market. Be sensitive to the market and capture the right time to accept to cut loss if the market falls and buy back when the price is low. Potential Altcoins and fast buy as well as fast sale.

1Referee

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Quote from: leowonderful on May 08, 2019, 06:25:26 PM

Realistically you're never going to have a 100% success rate in trading, and even if you do have good accuracy at predicting price action, actively managing risk and maximizing the potential reward of a trade is what's going to make you profits.

Good 'accuracy' is making more profits than losses, that's all it is. In some cases it might not even be related to making more winning than losing trades with how every trade isn't the same as the previous one because of the changing market dynamics.

I remember watching a documentary where high level wall street traders explained how there is close to no human involvement when it comes to making trading decisions. It's all algorithmic activity. What I found to be the most interesting part was that some of their bots lost money consistently for a almost two weeks, then still ended the month in the green.

I think it's safe to say that as long as you go big only on the events that offer a 70%ish probability to play out in a certain way, you're more likely to end up in the green over a longer period of time.

CryptoLing

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Many people sure know how to trade, but the real question is "Do anyone know what will happen in the future?" and the answer is no. Trading might involve technical analysis and/or fundamental analysis and analysis is just a guide to see the what will happen but nothing is certain.

Ararbermas

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Perhaps only greedy and lazy ppl is the one that really dont know how to trade and how to play safe on it especially noob. Actually im not an expert about it but i have enough knowledge which in order to avoid losses and etc. Yes trading is a very difficult way to multiply our money but if you really interested on it and you always make a research then it will become so easy and safe way to gain profits..

Topic: Do we really know how to trade? (Read 712 times)