Do you want to quit trading ? - page 6.

CryptoCraze11

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Quote from: palle11 on August 27, 2021, 01:36:20 PM

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?

Those who know swimming are drowned in water. Those who don't know swimming won't get inside the water.
Crypto trading is risky n even not possible for experienced traders. I never do trading rather always prefer to hodl for long term. You can Google and see rough stats that 80% traders are in loss. While if you are hodler, there are rear chances of losing money.

Oneandpure

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Quote from: martina14 on October 16, 2021, 02:11:22 PM

Quote from: palle11 on August 27, 2021, 01:36:20 PM

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?

Even you heard a lot of people quitting here in crypto, no reason for me to leave this opportunity. Besides, I've been here since 2014 and until
now I am still here standing and continue earnings obviously here in cryptocurrency, that means, this is a good assets for us to sustain our needs
if you know how to get it in here.

I have earn much from trading or investing and not any reason why have quit from trading, I think failed and ever loss is my experience how to be better in trading and now most carefully when entry with new position coin, I think if you try with trading is most interested and you can keep working at the real job because when success filled your order you can sell limit and waiting your order filled without waste all your time with trading only.

martina14

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Quote from: palle11 on August 27, 2021, 01:36:20 PM

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?

Even you heard a lot of people quitting here in crypto, no reason for me to leave this opportunity. Besides, I've been here since 2014 and until
now I am still here standing and continue earnings obviously here in cryptocurrency, that means, this is a good assets for us to sustain our needs
if you know how to get it in here.

OrangeII

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Reward: 10M Shen (Approx. 5000 BNB) Bounty

Quote from: Lordhermes on October 15, 2021, 05:45:46 PM

Quiting trading can never be an option to me,this was what helped me when the world seemed as if it wasnt moving front or back.It really helped me when things were going bad,so even if I lose money,I know I am still going to recover and make more gains.

Trading is a risk,and I have decided to take the risk,and I know taking that risk will help me in the nearest future.As they say,that quitters never win,and winners never quit,so I am not considering quitting now,in as much as it provides food on my table.

In this case, there are two views from people,
people view trading in terms of risk - this sometimes makes people more afraid to trade, and most likely won't last long from trading
people who see trading in terms of profit - this makes a lot of people stick with trading. even when they know the risks, they will continue to trade in their free time.
however, I personally always prefer coins that I hold and continue to hold them. I may be the holding type, but I think, I'll trade when it's needed.

zaesvlas

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I think that those traders who have failed to make good money have such a desire. I want to note that in this industry it is quite important to have patience, because sometimes you need to work a lot to get a result.

Oneandpure

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Quick from trading when my assets is floating because price suddenly dump and I need waiting when price up again, but if have fund in my assets with USDT I will keep buying which one potential coin to buy. Never worry with trading because my way on trading is half of my life and keep how to be richest person in trading and cryptocurrency.

osasshem

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Well, that thinking or mindset will always come because of one experience or the other and things like this leads to wrong decision. I have come to realy that in crypto trading, patience is a very useful key factor that will help in the long run of trading. Taking the time to observe and process the action that is to be taken before taking it.
Though, for now I stopped trading due to some financial hazards I found myself, but coming in with reenforcement, buying now might be late, but not the wrong time, cause the market is always aiming at an ATH everytime.
For me, I did not quite, as in there is where the profit is hidden.

Lordhermes

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Quiting trading can never be an option to me,this was what helped me when the world seemed as if it wasnt moving front or back.It really helped me when things were going bad,so even if I lose money,I know I am still going to recover and make more gains.

Trading is a risk,and I have decided to take the risk,and I know taking that risk will help me in the nearest future.As they say,that quitters never win,and winners never quit,so I am not considering quitting now,in as much as it provides food on my table.

blockman

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Quote from: Gosgosking on October 15, 2021, 08:02:51 AM

Trading can't be for everyone , if the risk in trading is something you can't afford one can choose to quit.

It isn't for everyone. Too many factors to consider for those people that want to be a trader and if some have made a mistake that they can't take, the solution that they're coming up with is through quitting.

Quote from: Gosgosking on October 15, 2021, 08:02:51 AM

Trading is not what you force yourself on especially when it is not yielding positive results. It is better to quit temporary and learn to yield positively.

I agree if you think that you can come back and you have to quit temporarily because you're trying to figure out how to get started again. It's a good option.

tazmantasik

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Don't Get Involved

one thing that is very important when trading is emotional control and never be greedy when the position is profitable, many lose moments and even good opportunities when they make more than 10% to 30% profit but still hold and don't sell, but a moment later the price dumps and just appears regret. The habit when the position is in profit, only sees and makes a capture so that you forget that the price of a coin can suddenly drop drastically, especially if it has gone up quite high.

Gosgosking

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Trading can't be for everyone , if the risk in trading is something you can't afford one can choose to quit. Trading is not what you force yourself on especially when it is not yielding positive results. It is better to quit temporary and learn to yield positively.

BuNga_cute

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Quote from: ?? on ??

Keep waste my time with trading although how many time loss and learn from my loss to get profit later, now keep make decision about 300$ can earn profit every day from trading and I hope can running well beside as bounty and airdrop hunter job. I think trading is not need waiting 24 hours, when your order filled lest make calculated about how much do you want earn profit and use sell order based on price do you want to earn profit.

Everyone must have thought of quitting trading when experiencing losses, even though if we can be patient then the losses we experience can be
a lesson to be able to generate profits. Don't be quick to despair when you experience losses when trading, because to become a successful trader,
we will definitely have to suffer losses several times. There are also many ways and types of trading, according to our tastes and the strategies we use.
We don't need to do day trading if we don't have much time to analyze the market. Exchanges now have features that make it easier for us to trade,
we can indeed set the selling and buying prices we want, so if the target we want is achieved it will be processed automatically. So we don't have to
wait for 24 hours, trading is now even easier to do. Most importantly we can choose exchanges that have a good reputation, so we can trade with ease.

Smartvirus

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How do someone quit a thing like trading due to loses. Perhaps, you might have recognised it not to be your thing but again, you were given the options on learning using demo trading accounts. It helps and I don't see how people just jump to the frontier without having much of an experience on trading. Try demo trading and when you've mastered the tricks about the market, you can cine back and trade like one who's got a clue to a a game. Trading is an endeavour where you play on the intelligence of professionals and so, you need some strategy to make things favour you!

Bagaji

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I have never think of quiting trading crypto currency because am very much aware of pron and corn of trading. Trading crypto currency like any other investment has it own advantages and disadvantages like losing and making profit from trading or investment. Those who say they have in one occasion wanted to quit trading are people who too optimistic that everything must fall in their favor at all time and when it didn't happen they will like ooh!...

Fatunad

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Quote from: Betaj00 on October 14, 2021, 12:54:59 PM

Quote from: palle11 on August 27, 2021, 01:36:20 PM

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?

I never think about this, i can't avoid crypto or crypto trading, Profit and loss both is a part of every business, loss means it wil our next time profit, without loss we can't expect profit.

Dont know on how you do tried to presume losses are next profit but in general sense on talking about losses then it would really be helpful on making yourself way more better which would result into possible profits in the
future but saying directly about being losses as profits is something a bit off so thats why i didnt really get your point.Losses are inevitable but quitting is something should really be decided on
when you do suffer huge losses and it happen on a very long time continous attempts on making trading.There's really something in life which wont really work out no matter how hard you do try on.

Betaj00

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Quote from: palle11 on August 27, 2021, 01:36:20 PM

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?

I never think about this, i can't avoid crypto or crypto trading, Profit and loss both is a part of every business, loss means it wil our next time profit, without loss we can't expect profit.

sulendra12

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Quote from: bitzizzix on October 13, 2021, 11:36:04 PM

Giving up is only for the weak and I agree with you not to give up, because many traders give up easily when they lose several times and usually their emotional state will be greatly affected.

You do know that people quits trading because they can't handle the emotion because of losing and it does make sense to quit trading because of that. I mean, trading is not for everyone.
I get it that "everyone can learn trading to getting into it" but it doesn't mean they will get the same result. Some people just can't earn from trading and maybe that's not the place for it.

Quote from: bitzizzix on October 13, 2021, 11:36:04 PM

Don't give up mate, because giving up is only for weak traders and luck will be on your side at the right time. Wink

Don't give up is great, but giving up for a good reason is another story.

lienfaye

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Quote from: bitzizzix on October 13, 2021, 11:36:04 PM

Giving up is only for the weak and I agree with you not to give up, because many traders give up easily when they lose several times and usually their emotional state will be greatly affected.

Yes traders who cant accept losses are weak but its understandable to quit if you cant handle such situation right?

It takes a lot of guts and not all traders can stay for long especially if they lost huge amount already. But we cant get it back if we give up thus its better to face the challenges and improve your knowledge through experience. Quitting is not the solution if you can bear the nature of crypto market.

bitzizzix

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Quote from: Lordhermes on October 13, 2021, 09:10:18 PM

Quitting trading is not what we want to do,yes some times it come to my mind to quit,maybe after when I have had a huge lose in trading,that such mindset will come,but in as much as the determination is there for me to make big profit in the trading market.I am pretty sure one day will turn out to favour me richly.
As they say,that quitters never win,and winners never quit.It is an ideology I have always stick to,that no matter what, quitting trading will never exist in my memory.

Giving up is only for the weak and I agree with you not to give up, because many traders give up easily when they lose several times and usually their emotional state will be greatly affected.
in fact it will motivate them and make it a worthwhile experience, as well as fix mistakes to fix, don't involve emotions, like fear or FOMO and always plan for plan B when plan A fails.

Don't give up mate, because giving up is only for weak traders and luck will be on your side at the right time. Wink

Lordhermes

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Quitting trading is not what we want to do,yes some times it come to my mind to quit,maybe after when I have had a huge lose in trading,that such mindset will come,but in as much as the determination is there for me to make big profit in the trading market.I am pretty sure one day will turn out to favour me richly.
As they say,that quitters never win,and winners never quit.It is an ideology I have always stick to,that no matter what, quitting trading will never exist in my memory.

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