Topic: Do you want to quit trading ? - page 12. (Read 1978 times)
The moment I decided to do crypto trading, I knew the risks that I would be facing so I had the proper mindset to have enough patience, and quitting was never an option for me. In trading, if you're too impatient and could easily get manipulated by your own emotions, you'll surely lose in the end.
Quiting is not the best option, don't give up when things are not going well. Instead of quiting due to challenges or problem try to get solution. Quiting is like wasting of efforts , time. But if you push up , not give up . You already win.
If I feel like it's not fun anymore, probably I would consider quitting but it's one of the few ways that I make my money, I have to probably wait some time before I consider quitting, maybe finding another way to make money could go a long way.
Almost every career, discipline or profession has its own hazard, risk and disadvantage. I hear many people who feel like quiting or abandoning their kind of job because of the risk they go through.
Likewise trading is risky too. For you as a trader, have you considered abandoning trading because of the high risk of losing money in your trade?
Do trading activity means we must know that we can lose our money anytime. Maybe if we can see a lot of people will answer wouldn't abandon their trading activities in this thread. Maybe take a rest is a yes, but leave it forever, i don't think we will do it. Because there are still chance to gain profit in trading activity, not only losses as long we know and use good strategies.Likewise trading is risky too. For you as a trader, have you considered abandoning trading because of the high risk of losing money in your trade?
Almost every career, discipline or profession has its own hazard, risk and disadvantage. I hear many people who feel like quiting or abandoning their kind of job because of the risk they go through.
Likewise trading is risky too. For you as a trader, have you considered abandoning trading because of the high risk of losing money in your trade?
Do trading activity means we must know that we can lose our money anytime. Maybe if we can see a lot of people will answer wouldn't abandon their trading activities in this thread. Maybe take a rest is a yes, but leave it forever, i don't think we will do it. Because there are still chance to gain profit in trading activity, not only losses as long we know and use good strategies. Likewise trading is risky too. For you as a trader, have you considered abandoning trading because of the high risk of losing money in your trade?
I believe that trading is not the easiest option. It should be understood that before starting to work in this industry, you need to be confident in your abilities.
^ It is not really easy, there are too many factors to consider before you have an assurance that you will potentially earn profit. IOt required skills and knowledge before you have confidence in trading because confidence is not enough, it should be knowledgeable enough before you will diving in on trading. If you don't have the ability I suggest there is no reason to pursue yourself in trading even though you know that there is a massive loss. Somehow you will understand that it would be better if there is a break for a moment.
Almost every career, discipline or profession has its own hazard, risk and disadvantage. I hear many people who feel like quiting or abandoning their kind of job because of the risk they go through.
Likewise trading is risky too. For you as a trader, have you considered abandoning trading because of the high risk of losing money in your trade?
Likewise trading is risky too. For you as a trader, have you considered abandoning trading because of the high risk of losing money in your trade?
Don't feel stress and pressure even in the event of a loss. There's always a rainbow after a wrong decision.
I'm not saying we should just continue to stop doing trading as only heavy losses happened. Practice makes perfect. If you don't feel like doing trades after a loss, take a break for the moment. After getting the calm mindset, now decide if still wants to do trading.
That's life. There's no easy road to success.
There are many people who are still making money right now in trading .Yes I can say trading is not easy it is difficult but that doesn't mean that you can quit trading.
Losing money can have catastrophic effect on one's life, however I will not quit trading as is good passive income for me. I know potential to lose money is there but preservation of capital have always been the rule I live by trading. I have done well with my philosophy of trading and there is no need to quit if I continue with my trading rules. Trading is not as risky as it's seem if you know what you are doing!
I think it is a smart thought that such an individual quits exchanging before they lose significantly more cash as it is clear somebody like that can't turn into a fruitful dealer. They don't plainly see how exchanging functions cause them to endure misfortunes. Not all are bound to turn into a broker, that is the reason we likewise have not to compel ourselves the.
That's why trading is not as easy as some people think and making a profit is not easy,
besides the big risk, of course there are many factors that make us continue to lose or lose money when trading,
other knowledge and skills are also important
You need to have good skills and knowledge with the market that you are investing your money, without the effort of researching and studying the business, you'll see yourself keep losing your money.
I will not quit trading, because bitcoin has a very huge potential influence in the entire world. I take trading as source of income and I learn more on trading every day. People with different ideas and knowledge about trading gives us more insight in this forum and they help us in moving some steps forward as we really believe in bitcoin.
Your courage won't save you from losing and even you think Bitcoin has a huge potential market gain, you can never rely on it as a source of income. People who had come into trading must know about the risk, sometimes must have also to think if trading is for us or not. I'm not saying you should step out from trading because it seems you love it and are comfortable of doing it. But for those who are not good at this job, quitting is the best option to take.
besides the big risk, of course there are many factors that make us continue to lose or lose money when trading,
other knowledge and skills are also important
Ive never considered abandoning trader because of any reason. No matter how much i loss, i always look forward to make them back.
You're persistent.Despite the difficulty that you're experiencing as a trader, you won't give up. Well, you can have other option if you keep on failing as a trader.
You actually don't have to quit it but just leave it.
because most of the common mistakes that are usually made when trading is to give up when accepting losses, even though the losses that occur will be a valuable experience for them to be better in the future.
and loss is a risk that must be accepted by traders, and make failure or whatever it is as your motivation to become a successful trader.
Stay positive.
Those losses will always be a part of your wins and lessons that are with it.
Thus, what happens is that losses are usually seen as the greatest of all failures, sometimes losses make one as a trader grow and have more confidence when making a commercial decision. Sometimes optimism is the right path, but as long as you have total control of what you can afford to lose and know why you lost, it is the only way to learn, in the same way it is done when you win in trading, to my is the only way to learn.
However, many people have different ways of being able to see losses in Trading, some want to leave it because of its failure, others use that loss to regenerate their strategies.
I will not quit trading, because bitcoin has a very huge potential influence in the entire world. I take trading as source of income and I learn more on trading every day. People with different ideas and knowledge about trading gives us more insight in this forum and they help us in moving some steps forward as we really believe in bitcoin.
Your courage won't save you from losing and even you think Bitcoin has a huge potential market gain, you can never rely on it as a source of income. People who had come into trading must know about the risk, sometimes must have also to think if trading is for us or not. I'm not saying you should step out from trading because it seems you love it and are comfortable of doing it. But for those who are not good at this job, quitting is the best option to take.
We know trading has definitely its high risk that is why we should always be prepared before engaging into real trading activity. So if you don't still get it, and trading is really hard for you, I suggest maybe you can take a break and come back to trading once your motivated to do trading again.
For me biggest reason why I dont do day trading is getting tired. You need to be almost 24h in the game to follow everything if you want to have bigger chance of earning. For me if you are not playing with big money it's not worth the time and health.
You don't "need" to be on 24 hours. However it is highly recommended to be online as much as you can because the longer you are on, the more chances of profit you will catch. I personally do not trade that way at all, I feel like it is a game, I have some money in binance, and I trade whenever I want to, I open up the charts, I check what is doing what, and then either trade if I see something or maybe I do not even trade.You do not open a game and play it 24 hours (well not anymore at this age for me at least) you just open it and play a few hours and be done with it. That is not a full time crypto trading as a job, that will not make you a lot of money, that will not even make you a little money, it will make you tiny profits however it is still profitable instead of losing. This is why if you really want to have fun, then you could trade however you want.
I will not quit trading, because bitcoin has a very huge potential influence in the entire world. I take trading as source of income and I learn more on trading every day. People with different ideas and knowledge about trading gives us more insight in this forum and they help us in moving some steps forward as we really believe in bitcoin.
Your courage won't save you from losing and even you think Bitcoin has a huge potential market gain, you can never rely on it as a source of income. People who had come into trading must know about the risk, sometimes must have also to think if trading is for us or not. I'm not saying you should step out from trading because it seems you love it and are comfortable of doing it. But for those who are not good at this job, quitting is the best option to take.
However, if you see it negatively everytime you commit mistakes, then you will never be motivated to do trading with more knowledge and skills. In this case, better to stop trading rather than see yourself losing more often.
I will not quit trading, because bitcoin has a very huge potential influence in the entire world. I take trading as source of income and I learn more on trading every day. People with different ideas and knowledge about trading gives us more insight in this forum and they help us in moving some steps forward as we really believe in bitcoin.
Your courage won't save you from losing and even you think Bitcoin has a huge potential market gain, you can never rely on it as a source of income. People who had come into trading must know about the risk, sometimes must have also to think if trading is for us or not. I'm not saying you should step out from trading because it seems you love it and are comfortable of doing it. But for those who are not good at this job, quitting is the best option to take.
Almost every career, discipline or profession has its own hazard, risk and disadvantage. I hear many people who feel like quiting or abandoning their kind of job because of the risk they go through.
Likewise trading is risky too. For you as a trader, have you considered abandoning trading because of the high risk of losing money in your trade?
Likewise trading is risky too. For you as a trader, have you considered abandoning trading because of the high risk of losing money in your trade?
I don't plan to do that, since trading had provided me more certain chances to acquire profit despite of losing sometimes. We can't be an expert if no bad experiences happened to us when trading. Higher risk involved, has to be observed and calculated before letting your funds roll over trading on coins without potential. I won't risk unless I don't have awareness towards a specific asset roadmap.
Ive never considered abandoning trader because of any reason. No matter how much i loss, i always look forward to make them back.
You're persistent.Despite the difficulty that you're experiencing as a trader, you won't give up. Well, you can have other option if you keep on failing as a trader.
You actually don't have to quit it but just leave it.
because most of the common mistakes that are usually made when trading is to give up when accepting losses, even though the losses that occur will be a valuable experience for them to be better in the future.
and loss is a risk that must be accepted by traders, and make failure or whatever it is as your motivation to become a successful trader.
Stay positive.
Those losses will always be a part of your wins and lessons that are with it.
I will not quit trading, because bitcoin has a very huge potential influence in the entire world. I take trading as source of income and I learn more on trading every day. People with different ideas and knowledge about trading gives us more insight in this forum and they help us in moving some steps forward as we really believe in bitcoin.
Once you already tasted it and won, you want more winning trades. No quitting for you.
There is a way for trading to be less risky, it's to trade only a few amounts. For adrenaline junkie traders, they feel the thrill whenever there is a risk and they like it.
If there is just a way to earn without risking, I will pick that path only at least focus more on the time wasted in analyzing charts that sometimes makes me stoner.
Sadly even the lending platforms like the blockFI or Nexo are already threatened by SEC.
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