Topic: Does trading belongs to everyone? - page 3. (Read 2052 times)

Of course trading is very risky due to the volatile nature of the market and it plays with emotions. People who are not ready to learn and sacrifice their time and resources in order to have a strategy that will work for them are not suppose trade. Trading is complex and needs patient with practice often to be good in it. This is why when learning, you should use only the amount that you can afford to lose to build your knowledge.

I don't like trading because I always run at loss. For this reason, I prefer just to invest as that is cool with me and it does not mess with my emotions when there is a price fluctuation.

Well,thats your opinion,but to me I just think it's not everybody that can trade,some persons don't know about it,while some persons who know about it are scared of it,they think the moment they get anything to do with it,it will just sweep away their money.While on the other, people who have known about it,who still suffer loses despite the different strategies they have tried to apply now feel reluctant on trying more because some thinks it's not their thing,while some thing trading is bad.That is why I can just conclude to say trading is not for anybody.

Everyone can learn and try to trade, but is it for everyone especially for those who thinking that trading is a some sort of quick money making scheme then it's not for them. You won't get anything if you are new unless it's beginner luck. If you want to go into marathon way and want to learn and experience the worst trading feel with losses then it's for you  with every losses make you stronger and want to learn more and more.

Otherwise, if you are a person that is easily demotivated once something bad happens then you better stay away.

Trading can’t be for everyone, especially those that are not ready to learn, because in trading, getting more knowledge is constant. That is why if you are not a person who mostly focuses on research, you will never enjoy trading because even though your friends or mentor put you through and gave you adequate analysis and strategies, you will definitely depend on them, and when they are not around, you will have no impact on yourself because you can’t do anything. 
Moreover, trading is something that deals with time, even though many did agree with that. I am very sure that when you trade for some time, you will also leave it and invest your money in other investments, which are physical, because even if you like studying a lot, a time will come when you will not be able to do it any more. 

Life does not forgive those who give up in the battle of life, judgment goes to the hands of nature, and reality is angry with them. There are many examples in the world whose life becomes almost impossible to survive but there are some people who do not give up on life, they are the ones who make the impossible possible in life, and the reality is surprising. So it is the same in our work life or financial life. Success is ours if we don't give up and adapt to face any situation in life and move forward. If that is the right attitude in trading combined with love then look no further anywhere.

Simple is that trading so for those who learn for it and give time to it but if someone says that he will not learn but will become a successful trader then he should remember that his future will be full of loss and without knowledge he will be unable to recover this loss.

Trading can give quick earning to those who are experts in this field so if newbies have a mindset that he will gain quick return then his thoughts are greedy which will become a dangerous thing for him so be punctual in getting Knowledge and don't rush towards getting money in a day.

I think that if anyone is interested in learning trading, then trading is for every person if he is ready to learn. Be prepared to spend time learning to trade for a long time. Then trading can be a profitable career for him. While trading can make a lot of money quickly, it takes a lot of hard work to master it.

There are different kinds of trading. I would say leverage trading isn't for everyone because of the high risk behind it. So, this advice should be for anyone who is planning to  start or make leverage trading an option.
Additionally, spot trading is not bad for anyone cos liquidation isn't possible with that and it's an easy way to understand the market also.

So, the main idea is to prioritize safe, long-term holding over high-risk trading, especially for newbies, using p2p channels and avoiding centralized exchange risks also.
Although, we need centralized exchange most time, but not advisable to keep all our assets there. Sometimes, we need to pass trough centralised exchanges to do some stuffs easily. You gave some valid explanations and points but it might not be an easy one.

Trading requires patience and if you don't have patience you can't get success here. Without proper knowledge of trading will destroy everyone first. And the fall is hardest for those who are already on top. They have more to lose not just money but pride and self-worth. Those of us who would consider having the most advantage in trading are actually the saddest and most vulnerable types of traders.

Trading is open for each and every individual who has money but it does not mean that all those who participate in trading will definitely earn lots of money but they can also lose money if they have no idea how to analyse the market.

Those will surely be in loss who trade but don't learn about it so eventually he will stop to make trade as nobody wants to regularly lose his money. Knowledge never gets completed so if someone is learning from each mistake and doesn't stop to acquire knowledge even if he is a part of trading then he will become a profitable trader in future and will not face huge and continuous loss.

Preparation is very important in trading and thinking there is easy money in trading is a mistake, that is even harder than we think. We can say it is not for everyone because not all consider themselves to become a trader with good entry, most of us jump with empty knowledge which is no wonder why they fail. Trading should not be taken too easily nor to live confidence with just knowing the basics because this is not enough to strive and become successful in this field. That is why we challenge those who have a plan to take trading seriously and invest first in knowledge and skills before thinking for profit because this is the only to reach our goal (success). We don't need to rush, it should be done step-by-step and gradually increase our capabilities. If we can do it the right way, success is definitely on its way.

I understand and agree with you but to an extent. I would say that those who are like these are mostly influential people. But it doesn’t mean they don’t make money. Some of them make a lot of money and while they are staring down at their screen, someone somewhere is begging them for a master class so they can make money too. So not all of them are fake, but at least I’ll agree that most of the people who give the advice and hold the class aren’t making the money and are looking for other ways to make the money.

Yes trading is for everyone, but the difference or the reason why some people succeed and some others fail and even leave a lot of losses is usually because of their wrong mindset and learning process, such as for example there are some people who are wrong in addressing what trading really is, not infrequently from those who think that trading is an alternative to changing the fate of life for the better or simply there are some of them who think that trading can make them rich.

That can indeed be because it has been proven that many traders are now successful, but the problem is that usually when you are too focused on making money at the beginning, you will take various actions that are too dangerous for yourself without being based on qualified knowledge regarding what to do and what to avoid. This means that when someone comes to see trading from various sides such as understanding that trading is an activity that provides profit opportunities but also realizes that trading has a certain level of risk, then awareness of the risk will be the basis of caution that will make them prioritize various precautions. So my opinion is that if you want to succeed in trading then don't focus too much on profits but rather learn first the various things that can potentially bring profits but also while learning various things that lead to risk management as a preventive measure.

On the contrary I think trading is for everyone but becoming a successful trader requires certain things to make one successful else the trader won't become successful nor make profit. All you mentioned here is accurate because a good trader who's interested in making profit should have the qualities here but there are some people who takes trading as gambling so they are not in for profit making rather they prefer to be funding instead of taking profit, they do not care about learning, being calculative and having a good understanding of the market before trading they only before in having the trading capital then the next thing is start trading, they are the gamblers in trading and they can't learn unless they become broke.

I believe out of 100% of people who are working, studying and doing whatever they are doing today is because of passion and if they don't have passion for it then failure could be inevitable to show up at the later end.
People who are trading for passion doesn't face much difficulty although I know is very hard for people not to put money first in what they are doing but at some point we need to have interest and be passionate for what we are doing before we can possibly smells success otherwise failure will always comes in.

Trading is not for everyone and not all jobs are possible for everyone. For those who think that trading is an easy task, this idea is completely wrong. Those who will trade with such wrong ideas, if they are profitable from trading in short term, they will definitely face loss in long term. Being a trader is not just about buying or selling.

To be a good trader one must first have financial knowledge about his trading area. He should have the knowledge to do various types of analysis on daily charts. A trader must be well versed in the market conditions that can turn at any time. Moreover, in any situation the trader must learn self-control. Instead of being emotional in any market situation, it is necessary to take action on how to control at that moment.

No, trading is not for everyone. Trading requires certain skills , knowledge and coolness. To be a successful trader you must have market concepts, ability to analyze data and mental thinking to manage your losses from market volatility. Moreover, its important to know how to make trading more accessible through various technologies. Trading is very risky for a new trader. Because he still lacks the necessary strategic sense.
So I would say before engaging in trading activity one should fit and evaluate oneself as a person and then come to trading.

The truth is that majority of people don't even trade, they might have trade in their lifetime and see what it taste like, some will make some profits and little loss, some will make profits and their losses might just be from their stop loss and some will make few profits and make huge loss and most of the time, it's the people that made losses that do give advices, I mean if trading is very profitable for many, some will not be here in the first place, they will be timeless on their screen making money.

Majority of people has one thing in common and is how to buy and sell but the truth is, not everyone understand the logic of trading that much. If you ask some people about their trading experience, they don't have anything to bring to the table but when you ask them for trading advice, they will give you one fullscalp of trading ideas, the same advice that hasn't work for them ever since they joined crypto space.

Alternatively we can call it survival of the fittest since everyone is permitted to learn and trade like everyone has access to it but the ability for them to understand it more better is what makes them trader. One can be called a trader when they gradually started making money from it and seeing how stable and comfortable with their skills then we would calls them trader.
Again if you can keep focusing on your portfolio for any slight change then you could be easily affected by every little drop and change of your assets so I will always encourage you not to regularly check your portfolio and it should be on targeted duration of investment like 4 years above except you are doing day trading or scalping.