Topic: Does trading belongs to everyone? - page 5. (Read 2056 times)

It's absolutely true. Basically, everyone can trade as long as he knows how to buy and sell coins on exchanges. But it is not as simple as selling or buying coins only! To succeed in trading, it requires knowledge and experience. That's why it is very important to take some lessons first before we star trading any coins. People who never has the intention to take lessons, it is small chance to succeed. It is because to trade properly, we need to take some research or do analysis. These can't be done if we have no knowledge.  

Indeed. Many people become traders because they are dreaming to be rich people instantly. This is surely the wrong way, there is no instant way to be rich in trading. Those professional traders must spend a long time before they know well trading. It is just something impossible to master trading in few days or in few weeks. And we must accept challenges in trading, too. Sometimes we get losses, and sometimes the market trends can change easily. There are many unexpected things to happen that we must be patient to face them.

We need to understand that trading is not meant for everyone. There are people that cannot be patient and play by the rules of  trading and the patients it requires to keep learning even when we are losing trades.
Those who are professional traders and have been in the market for long could tell us somethings about trading that most newbies are not aware about. We need to be ready for the risk for us to make money from the market.

I may say that some did it by luck but that's inconsistent and we only choose the consistency if it's with trading.

Yes, even the best traders also losses sometimes. And that's the market behavior that I am telling, while them being experienced they are also moving on the point that they are doing it with the futures.

So with sudden fluctuation, they get liquidated so if they don't see it happening then the newbies are prone to it.

well, many think that trading is suitable for everyone. In fact, I came across several cases that some people traded without any basis and followed the hype, and ended up losing. This makes them frustrated because they use up the main money they have, so they say they regret trading. However, I think not everyone will be suitable for trading, especially if he gets stressed easily.

Anyone can try trading, but  it's way more than just buying low and selling high. You need a certain mindset, the guts to handle risk, and you gotta be constantly learning to survive in the crazy crypto world. Sure, anyone with an internet connection can open an exchange account, but that doesn't mean they've got the discipline to stick to a plan, the emotional control to deal with losses, or the brains to figure out what's happening in the market. For some, trading is a fun way to make some extra cash while it's a stressful mess that ends up costing us money in most cases. Better be  honest with ourselves about what we want out of it, what we're good at, and how much risk you can stomach before jumping in.  Some people make decent side income, but others lose their shirts. Be real about what you're getting into. If you decide to go for it, do your research, make a plan, and be smart about your risk. In the trading game, it's all about discipline, patience, and learning from your screw-ups. Just my 2 cents.

Actually trading is for everyone because there are no  constraints for the people and everyone can trade who wants to do so but here the difference is between successful and unsuccessful traders in which everyone cannot become a successful trader.

Most of the people are trading because they desire to become millionaires quickly but their dreams never get succeeded because they have no knowledge which can help them in becoming professional traders. Create your interest because if you show interest then you will start learning which plays a crucial role in one's success and the percentage of knowledge and experience will describe your success rate.

usually there's natural mechanism to determine whomever deserve to stay in the trading field and make profit from it.
the people that always get carried away into FOMOing the coins as well as those paper hands are the one to get qualified early and isn't meeting the requirement that you mentioned above.
trading is truly not for everyone, like everyone can try trading but the one making profit are only select people who know to understand market or just currently lucky and thats it.
even luck won't guarantee continous profit its the committment and also talent of trading to know the condition of the market that usually guarantee continous profit in the long run.

maybe some people are more in the side of investing, seeing the market from long term perspective, because even doing it this way also can guarantee profit that is sometime better.
those people that holding their bitcoin since bottom has been profitting great.
sometime we just need to play the long game, wait and see to get maximum profit, instead of trying too hard and fail.

Sometimes we can be interested on something we have no idea about, but when we are determined to learn through the required process in doing such, we will make an achievement on such, any trader or potential one should go through the due process by acquiring the required skills, knowledge and understanding of how to trade, then start by little before they can grow their investment on trading, if someone finds this difficult, then they had better hodl and avoid trading in other not to lose money, holding over time will earn them income as well when the market surges.

If you are trading but turn to holding, you will have risk of holding for loss.

Only luckiness can help you to gain from holding this way because mindset of a trader and mindset of a trader are different. If a trader does not use Stop loss order, holding a position for long time will cause loss, not profit. Except if that trader has a very lucky open position in a market that gives a random decision chances to get profit.

Everyone can do trading but not everyone can earn there are also loser in trading and they find another job and another ways to earn, maybe trading depends on your strategy together with your luck ot depends on us if we will going to stop or to go on and on until we succeed because if we will stop we will be a loser forever but if we still do trade maybe we will win someday.

Trading is for anyone who has an interest in learning and takes it seriously. Others want to trade but don't want to study and find out what the depth of it is. All they have in mind is to make money from trading. That's why they often lose in trading. 

They don't think that willingness and interest to learn are needed, like learning the basics, learning the tools that can be used in trading, and other things that can help in gaining an understanding of trading in the crypto space.

You are absolutely right and I totally agree with you, unlike me, at first I never had the zeal or interest to give trading a try, I just want to focus fully on holding but as time goes on, I try trading and holding and I'm really doing well, although I do have some losses and that is why it's crypto, at times we loss or we profit because markets at times fluctuates. Although not everyone is like me, some people can't really do well in trading in as much they try, so all they do is just to hold which they profit more in holding than trading, and so many reasons why trading is not for everyone.

Sometimes we can be interested on something we have no idea about, but when we are determined to learn through the required process in doing such, we will make an achievement on such, any trader or potential one should go through the due process by acquiring the required skills, knowledge and understanding of how to trade, then start by little before they can grow their investment on trading, if someone finds this difficult, then they had better hodl and avoid trading in other not to lose money, holding over time will earn them income as well when the market surges.

well, many think that trading is suitable for everyone. In fact, I came across several cases that some people traded without any basis and followed the hype, and ended up losing. This makes them frustrated because they use up the main money they have, so they say they regret trading. However, I think not everyone will be suitable for trading, especially if he gets stressed easily.

There is no luck all the time and when people have no knowledge of trading then there is no way they can execute consistently. Never try it if you don't have good knowledge because it will only cause problems.

Basically trading requires money and when someone experiences losses every time in trading then I am sure they will never be able to survive.
There is always a process required and it is impossible to be involved in trading just by relying on luck because if this behavior is implemented then I am sure people will fail to understand trading.
Even people who really understand how to trade experience losses at certain times, only they are able to recover in the next trade because they have much better mental preparedness.

Have read most people topic and comment especially the newbies and have noticed that they are always interested in trading more than holding, and of a true trading gives more profits from my own understanding that is why everyone wants to venture into trading. But have we also considered or remember that most of the compliant here is about trading scam or exchange scam. Since is as a cause of trying to fund their account to trade or either trying to withdraw funds from the exchange.

We can make it this way, look for a reliable coin, bitcoin or any other altcoin buy and hold. You can look out for the best wallet where to store your funds without any news about misplacing your seed phrase or private keys. It's not necessarily mean you must buy from exchange, get your self a good p2p provider I believe there are trusted p2p service providers whom you can send them fiat or any other coin in replacement of the coin you wants to hold, than involving yourself to an exchange for trade or buy coin at least to avoid us having different version of storyline.

If you think is not possible to deal with people on p2p trade, look out for those at your locality who is trusted and reliable then you can send your fiat and they s/he sends you the coin (must be reputable p2p trader), if the amount which you are trading is much why not half it and go by 20 percent of the total amount you want to trade, after which is confirmed you can then continue with another 20 percent by so doing you ends up accumulating enough volume of any coin you want to hold for long than as a newbie trader you get yourself into exchange or broker and got scammed.

Most times at the process of learning your trading you make money by holding and after you may have gain your bases then you can fund your account to continue your trading than trying to be in haste to make profits from trading, since everyone is on the move about trading you decided to follow that part with or without knowing trading is not for everyone. You have to discover your place in crypto-space if you noticed you aren't making progress in trading then divert to investment and, you must know the types of coin you will invest.

If this post doesn't suits here place call my notice to move it to another place you suggest that is more better.

Everyone can do trading but not everyone can earn there are also loser in trading and they find another job and another ways to earn, maybe trading depends on your strategy together with your luck ot depends on us if we will going to stop or to go on and on until we succeed because if we will stop we will be a loser forever but if we still do trade maybe we will win someday.

Fuck Psychology,  what any Trader needs is discipline with a Technical edge everything flows through and accepting any outcome of our actions builds us.

Basically trading requires money and when someone experiences losses every time in trading then I am sure they will never be able to survive.

And that's why it isn't suitable for everyone. There are so many traders that are doing it because they know how to trade.

While some new traders that think they can survive with the market's behavior are just giving up when they're not able to make it.

As they say, those who wins are not giving up and the losers are giving up.

well, many think that trading is suitable for everyone. In fact, I came across several cases that some people traded without any basis and followed the hype, and ended up losing. This makes them frustrated because they use up the main money they have, so they say they regret trading. However, I think not everyone will be suitable for trading, especially if he gets stressed easily.