Does trading belongs to everyone? - page 7.

MissNonFall9

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Quote from: Ruttoshi on May 13, 2024, 11:35:28 AM

Quote from: MissNonFall9 on May 01, 2024, 02:04:31 AM

Trading is definitely not for everyone as trading is a matter of great skill and knowledge. Whereas with less knowledge and experience the possibility of facing losses is very high. Practically every human being has a special attraction towards money. When they hear that there is a lot of money-making potential in a medium, that the person is usually interested in working there. It is normal but to do that he needs to have a lot of patience, gain a lot of experience and come to a conclusion by analyzing the previous statistics. So when a person comes directly into trading without analyzing all this knowledge, experience and past statistics, he will not be able to come out of it with profit. So to work in trading we must come through a certain process and progress slowly.

Trading is for everyone but it is not everybody that will be a good trader. The reason is that it is not everyone that claims to like trading wants to learn trading, some of them don't want to sacrifice their time and resources to learn trading for a long time with practice, instead the want people that will give them signals to trade with.

It is those that understand that trading is complex and needs a very long time to learn and have your own trading strategy that takes their time to learn trading, and most times they become good at trading. It is the time that we put into whatever that we are learning that determines the knowledge in us. Jumping into trading because you see Influncers on social media flaunting their wealth around, then you will not be patient enough to learn trading because they make trading look so simple when it is very complex.

Yes it is true that everyone can come to trading or everyone has the right to trade, but it depends on the psychological nature of the person and how he will do in the trade. Those who do not have the ability to maintain psychology for a long time get angry easily and have little patience it is better not to come to trade and they will never see the face of success. And that's why I said trade is not for everyone but everyone has access to trade.

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Quote from: GeorgeJohn on May 14, 2024, 04:45:57 PM

There's some certain thing that will have to consider in Trading because I know quite well that whoever that is into trading might have learned how to trade before the person venture into trading trading is for every person who know about it there's no exemption in Trading except that it does not know the rudiment of threading so for me everyone who is desperate and also devoted out time to learn trading is the people that only benefit from trading because I know quite well that trading is all about observation and the constant learning

It's just like this: most people want or want to have their own business, but most are not determined and dedicated to managing their own business.

The same goes. Also, when entering crypto trading, everyone wants to learn trading, but most don't want to learn the depth of trading because the majority of them think they might be able to earn a lot of income from trading by holding long-term, but it is not designed like that.

siniminomorocomunisakito

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Quote from: GeorgeJohn on May 14, 2024, 04:45:57 PM

There's some certain thing that will have to consider in Trading because I know quite well that whoever that is into trading might have learned how to trade before the person venture into trading trading is for every person who know about it there's no exemption in Trading except that it does not know the rudiment of threading so for me everyone who is desperate and also devoted out time to learn trading is the people that only benefit from trading because I know quite well that trading is all about observation and the constant learning

It fits perfectly with my mind, sir, where the focus of our thoughts and trading is always on the price chart with the highest hope that the coin we buy will get a strong pump opportunity so that the value of our assets rises high. In fact, for the profit ratio is quite small if trading and quite fantastic losses and on average if not proficient in losing assets up to 20-30%.

If this condition continues to be maintained, I think we must quickly make a decision to change the pattern. Abil Hodl instead of trying to keep turning here and there who are tired of the body and tired of the mind.

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Quote from: GeorgeJohn on May 14, 2024, 04:45:57 PM

There's some certain thing that will have to consider in Trading because I know quite well that whoever that is into trading might have learned how to trade before the person venture into trading trading is for every person who know about it there's no exemption in Trading except that it does not know the rudiment of threading so for me everyone who is desperate and also devoted out time to learn trading is the people that only benefit from trading because I know quite well that trading is all about observation and the constant learning

Bitcoin is not something you just start out of what you have heard, there are procedures that must be followed before anything can take place either from transactions or even investing, and if does procedures are properly understood, then you are a good step away from risk. people are getting tired of learning and that is why when you tell people to learn people always get bored and easily lose interest, you can not even trade if you don't learn comes with a lot of disadvantages when you actually learn and if you are avoiding a lot of stress you can give holding a trail just buy and hold. but if you want to get involved with daily trading then you have a lot of work to do, because learning can not be avoided. with all this explanation given some people will still get tired and from there you will know that trading is actually not for everyone.

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There's some certain thing that will have to consider in Trading because I know quite well that whoever that is into trading might have learned how to trade before the person venture into trading trading is for every person who know about it there's no exemption in Trading except that it does not know the rudiment of threading so for me everyone who is desperate and also devoted out time to learn trading is the people that only benefit from trading because I know quite well that trading is all about observation and the constant learning

Bravut

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Quote from: Gaza13 on May 12, 2024, 08:48:41 AM

Quote from: OrangeII on April 23, 2024, 04:07:54 AM

Well, because there are so many things that need to be considered, I think not everyone is able to accept this. There are probably a lot of people out there who have tried trading, and come out disappointed. However, everyone can try trading, but I think not everyone will be suited to it. Many people feel that trading can be done by everyone, but in fact, many people do not feel that trading is a detrimental thing. well, as long as they are able to pass several important points such as patience, and other points, I think he will be suitable for trading.

Patience alone is certainly not enough in trading, at least we must be equipped with knowledge about trading. We have to learn a lot about the technical indicators in it, it is very difficult to learn them, it takes a lot of time for us to learn them. It's true what you said Of course, everyone can trade, they have even tried it and the results did not meet expectations. This is what makes you reluctant or not want to do it again. This is what makes many people reluctant to trade and get something from trading because the risk they receive is much greater than buying it on the spot. There is no single indicator that is truly perfect in this case.

The patience is the fuel that keeps you going regardless of the situation as you believe, work and develop on your system jut to ensure trading works for you. But same time the right knowledge is needed which entail, an edge, risk management and discipline to grow as a trader.

Indicator do lag in the market still can be useful as far as you understand them and stick to one that suite your approach in other for you not to get confused about what the market is presenting.

AYOBA

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Quote from: SmartGold01 on April 12, 2024, 03:46:55 AM

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.

The newbies have more interest in trading then holding, because they take trading has where they can earned quickly they unaware of the risks that is involved and that's why most newbies usually fall in vistim of the losing. And before a person should introduce himself to trading there some basics needs which are includes of established financial stability, newbies should education themselves set clear goal, and manage the risks through diversification.

But most newbies are lack of those skills and that's why the even the scammers are find they're account very easy to identify to hack in a simple way for me how candy advice a newbie to hold before begin trading since hold can also bring so many benefits in future.

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Quote from: Questat on May 14, 2024, 07:04:02 AM

Likely, it takes time to know if trading is meant for us or not. That is why we can't just say we become a trader, a successful trader if we don't try. But not just trying, we also have to spend money and possibly lose it.

Therefore, those who will tend to try must not think of an easy game as it is indeed a big struggle for beginners and those who to stand still become successful. But as we notice, a lot of people have tried and only a few got left and continue their journey. This is because not all of those people who tried are willing to wait and are risk-takers.

It is true what was conveyed, to step into being a trader is like someone navigating a world full of uncertainty, therefore to become a trader must have a mentality that is able to face challenges, because risks can occur at any time.

Nheer

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Quote from: SmartGold01 on April 12, 2024, 03:46:55 AM

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.

When newbies hear of trading and the profit that can be made from it they become instantly interested in it and not just newbies but anyone who is not so familiar with it because of the money and they prefer it to holding because they wouldn’t have to wait for so long to start making profits so everyone seems to be interested at first but I wouldn’t say trading is for everyone, most people might have interest in it but lack some qualities to become a successful trader and without these qualities it will be difficult to become successful even after learning about trading. Naturally some are not built to be traders and instead of wasting their time and money in trading they should better divert into something else. We cannot all be successful in one thing, your friend can be successful in trading doesn’t mean you will also be successful trader so I would say it is not for everyone.

justdimin

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Quote from: enwi on May 14, 2024, 04:18:23 AM

many of them think trading is very easy, we as people who already understand the world of trading will know that trading has several methods, some use traditional trading, others use future trading. I'm sure those who come out of regret have spent their money in future trading. Many around me make that mistake and I prefer to remain silent, because the rice has become porridge and it's his own fault for not learning trading well.

Yeah true, a lot of people do not realize what they are doing and their mistake is usually regarding how they are not aware of the mistakes that they are making. If they studied on how to trade then they would have been better but they fail to do that and just focus on how to make money the way they have right now. This should be something they can't come up with themselves, and the best way to go would be just focusing on how to get better at trading by studying to do it better.

This of course doesn't always shows up that easily on the market, sometimes even thee ones who are good end up with trouble. This is why there are so many people who try to do it better without really focusing on how to get better by learning.

Questat

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Quote from: Negotiation on May 12, 2024, 08:12:36 AM

... if you want to start trading you must first develop yourself as a skilled trader. To be a skilled trader you need to have a thorough understanding of the trade. Trading is a risky business here the amount of loss will be more than profit if you are experienced in trading and can analyze the market properly then you will be successful only. So expecting profit from trading without experience is nothing but foolishness.

Likely, it takes time to know if trading is meant for us or not. That is why we can't just say we become a trader, a successful trader if we don't try. But not just trying, we also have to spend money and possibly lose it.

Therefore, those who will tend to try must not think of an easy game as it is indeed a big struggle for beginners and those who to stand still become successful. But as we notice, a lot of people have tried and only a few got left and continue their journey. This is because not all of those people who tried are willing to wait and are risk-takers.

enwi

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Quote from: OrangeII on May 13, 2024, 12:55:28 AM

Quote from: Negotiation on May 12, 2024, 08:12:36 AM

Nothing good can be done in life without experience but experience is required to get good paying job. Similarly if you want to start trading you must first develop yourself as a skilled trader. To be a skilled trader you need to have a thorough understanding of the trade. Trading is a risky business here the amount of loss will be more than profit if you are experienced in trading and can analyze the market properly then you will be successful only. So expecting profit from trading without experience is nothing but foolishness.

However, experience is needed in various fields to achieve success, especially in the field of trading. Everyone can try trading, but not everyone is suited to it. Many people have tried trading but left with regret. Many people try this field because they think that trading is easy. However, without good skills in analysis and speculation, trading can make someone bankrupt. So, I think everyone can try trading, but not everyone wants to make it their job.

Exactly, many of them think trading is very easy, we as people who already understand the world of trading will know that trading has several methods, some use traditional trading, others use future trading. I'm sure those who come out of regret have spent their money in future trading. Many around me make that mistake and I prefer to remain silent, because the rice has become porridge and it's his own fault for not learning trading well.

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Quote from: Negotiation on May 12, 2024, 08:12:36 AM

Nothing good can be done in life without experience but experience is required to get good paying job. Similarly if you want to start trading you must first develop yourself as a skilled trader. To be a skilled trader you need to have a thorough understanding of the trade. Trading is a risky business here the amount of loss will be more than profit if you are experienced in trading and can analyze the market properly then you will be successful only. So expecting profit from trading without experience is nothing but foolishness.

and getting experience in trading also means spending massive amount of capital which could also incur us loss massively since as you said trading with lack of experience means loss and getting knowledge from books without doing it just means that its all just theory.
we need to get a grasp of the market, so we need to be willing spending some money to try out how trading works, only then when we are experienced enough we might be qualified to make profit finally.
though i believe that in trading you just don't really required to be having all that knowledge in your hand, you can just get into trading few days ago and making big profit.

which also means that as long as people are having strong will to do whatever they want to do including trading and make profit out of it, they can, it come back to our own self again.
even though that doesn't guarantee smooth journey and profitable at the end of the day, you could be really so obsessed with learning how to trade and still goes broke later.

Alpha Marine

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Quote from: michellee on April 12, 2024, 04:30:46 AM

Trading is for everyone, but they have to learn trading first. It is not easy to have good trading skills because it requires a process.

Everybody can learn whatever they want to learn, but we all need to understand that not everyone will do a particular thing and that's fine. Not everybody would be a trader, not everybody would be a holder, not everybody would even own or use Bitcoin and that's okay, the cab all make their own choices.
If people want to trade, then let them trade, if they want to hold, let them hold, if they also want to do both, they're free. It's a free world.
Trading is a skill, I agree that most newbies don't fully understand it and a lot are going to it for different reasons but a skill can be learned if you have an interest in it. They're free to do whatever they want.

I see some Bitcoin and crypto enthusiasts make it seem like people who are not involved in crypto are wasting their time. It shouldn't be so. Not everybody would own bitcoin, we can't force people to do what we do. Let people make whatever decision they want, the role of this forum is to guide people in their decision to hold, trade, or both.

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Quote from: OrangeII on May 13, 2024, 12:55:28 AM

However, experience is needed in various fields to achieve success, especially in the field of trading.

Experience is important. But when we are a beginner, we must have lack of experience. However, we can get the experience from the story of old traders. It is also a good way to have experience. We sometimes can get an experience even if we don't do it ourselves.

Quote from: OrangeII on May 13, 2024, 12:55:28 AM

Everyone can try trading, but not everyone is suited to it. Many people have tried trading but left with regret. Many people try this field because they think that trading is easy.

Sure, not everyone can be suitable with trading. The person who has 0 skills, he may not last a long time in trading. Moreover if he is not patient and lazy to learn about trading, trading must be very difficult for him. I think not everyone should do trading, it is for people who has good skills and has a passion on it.

Quote from: OrangeII on May 13, 2024, 12:55:28 AM

However, without good skills in analysis and speculation, trading can make someone bankrupt. So, I think everyone can try trading, but not everyone wants to make it their job.

Of course, no one can succeed in trading without knowledge and skills. Trading isn't something that we can succeed on it by relying on the luck only. With lack of knowledge, there will be a very small chance to success. Someone can bankrupt if he trades carelessly, he probably wastes money only. Someone can't make it as a regular job if he has a lack of knowledge.

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Quote from: MissNonFall9 on May 01, 2024, 02:04:31 AM

Trading is definitely not for everyone as trading is a matter of great skill and knowledge. Whereas with less knowledge and experience the possibility of facing losses is very high. Practically every human being has a special attraction towards money. When they hear that there is a lot of money-making potential in a medium, that the person is usually interested in working there. It is normal but to do that he needs to have a lot of patience, gain a lot of experience and come to a conclusion by analyzing the previous statistics. So when a person comes directly into trading without analyzing all this knowledge, experience and past statistics, he will not be able to come out of it with profit. So to work in trading we must come through a certain process and progress slowly.

Trading is for everyone but it is not everybody that will be a good trader. The reason is that it is not everyone that claims to like trading wants to learn trading, some of them don't want to sacrifice their time and resources to learn trading for a long time with practice, instead the want people that will give them signals to trade with.

It is those that understand that trading is complex and needs a very long time to learn and have your own trading strategy that takes their time to learn trading, and most times they become good at trading. It is the time that we put into whatever that we are learning that determines the knowledge in us. Jumping into trading because you see Influncers on social media flaunting their wealth around, then you will not be patient enough to learn trading because they make trading look so simple when it is very complex.

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Quote from: Negotiation on May 12, 2024, 08:12:36 AM

Nothing good can be done in life without experience but experience is required to get good paying job. Similarly if you want to start trading you must first develop yourself as a skilled trader. To be a skilled trader you need to have a thorough understanding of the trade. Trading is a risky business here the amount of loss will be more than profit if you are experienced in trading and can analyze the market properly then you will be successful only. So expecting profit from trading without experience is nothing but foolishness.

However, experience is needed in various fields to achieve success, especially in the field of trading. Everyone can try trading, but not everyone is suited to it. Many people have tried trading but left with regret. Many people try this field because they think that trading is easy. However, without good skills in analysis and speculation, trading can make someone bankrupt. So, I think everyone can try trading, but not everyone wants to make it their job.

MissNonFall9

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Quote from: TheUltraElite on May 12, 2024, 02:35:05 AM

Quote from: MissNonFall9 on May 01, 2024, 02:04:31 AM

Trading is definitely not for everyone as trading is a matter of great skill and knowledge.

I would not say great skills but specific mindset is needed and knowledge is of course helpful but can be easily gained from online sources and just watching the market everyday.

The major mindset change is that when the market is dropping, you should not panic and sell and when the market is rising you should not FOMO and buy. You have to do the opposite to be able to profit. The ones who realize this and are able to execute their trades in the proper lines, will profit.

But this can be understood best with dummy trading on your own if you dont want to risk real money right away.

Absolutely right, I have observed many people who have been trading for a long time but sometimes lose a lot because they can't control their mentality while taking trades. Trading is one thing where failure occurs when the brain cannot be convinced to trade. If you want to do trading you must have the right knowledge skills and mindset and keep the personal environment in your favor.

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Quote from: Negotiation on May 12, 2024, 08:12:36 AM

Nothing good can be done in life without experience but experience is required to get good paying job. Similarly if you want to start trading you must first develop yourself as a skilled trader. To be a skilled trader you need to have a thorough understanding of the trade. Trading is a risky business here the amount of loss will be more than profit if you are experienced in trading and can analyze the market properly then you will be successful only. So expecting profit from trading without experience is nothing but foolishness.

Not only for knowledge and experience but also for acceptance and a high source of income. It is not that knowledge and experience are not important, but a higher source of income and acceptance is also an important factor to consider when you want to join trading. Most of the time, this generation, or newbies in trading, will always like to find the most simple way to make money. That is why they always join trading without understanding all these things, and at the end they will just be losing their funds, and some will even go to look for the knowledge, but they won't analyze what they are doing well when it comes to analyzing the market because they will always have that hope of a miracle, which is not happening all the time, so I fully agree with you that expecting profit from trading without experience is noting but foolishness and rubbish.

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Quote from: OrangeII on April 23, 2024, 04:07:54 AM

Well, because there are so many things that need to be considered, I think not everyone is able to accept this. There are probably a lot of people out there who have tried trading, and come out disappointed. However, everyone can try trading, but I think not everyone will be suited to it. Many people feel that trading can be done by everyone, but in fact, many people do not feel that trading is a detrimental thing. well, as long as they are able to pass several important points such as patience, and other points, I think he will be suitable for trading.

Patience alone is certainly not enough in trading, at least we must be equipped with knowledge about trading. We have to learn a lot about the technical indicators in it, it is very difficult to learn them, it takes a lot of time for us to learn them. It's true what you said Of course, everyone can trade, they have even tried it and the results did not meet expectations. This is what makes you reluctant or not want to do it again. This is what makes many people reluctant to trade and get something from trading because the risk they receive is much greater than buying it on the spot. There is no single indicator that is truly perfect in this case.

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