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Topic: Does trading really works? Likely based on guesses - page 3. (Read 486 times)

legendary
Activity: 1316
Merit: 1089
Goodnight, o_e_l_e_o 🌹
You said 80% of traders loss while 20% win.
It will also be acceptable to say that the 80% lossers are based on luck while the 20% winners are the ones using working strategies.

You rightly pointed out that strategies doesn't work for ever, within a short time it becomes invalidated. That is right, it is the nature of the market, the market is dynamic and also a successful trader should be.

Trading is not really for everyone as there are high lossers compared to gainers. But saying that trading strategies doesn't work because it is being sold is not a cogent reason. An academic professor shares his knowledge, why not use it alone and make all the money in this world.
Trading is a thing of luck and skill. Then, most times, the skillful wins the game.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
Trading works, even the founder if FTX exchange started the trading platform only after his success from his trading career and now it becomes the second biggest cryptocurrency exchange and also one of the youngest billionaire in this world. Probably there is some luck needed as well but its not like a complete gambling you have a lot of work to do before becoming the successful trader.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
¶ You can make money now but you'll lose it tomorrow.
¶ Your strategies only work for a limited time.
¶ You cannot always be a winner.
¶ Your can't beat the market maker.
¶ The whales are the real traders so going against them is total lose.
¶ 80% of traders are losers; maybe it's not yet time for you.
¶ Your trading has no guarantee, you will lose that profit soon.
¶  Trading is not gambling, it is technical gambling lol.
¶ If you can make money now, you should quit for a while so you do not lose it tomorrow and go back to make money whenever you want.
¶ You can create as many strategies as you want and make sure it works for you.
¶ As long as you can make a profit, you are the winner for yourself.
¶ Yes, you can not beat the market maker, but you can make a profit as many times you want.
¶ You do not have to go against the whales, but try to follow their step so you can make a profit.
¶ If 80% of traders are losers, make sure you are one of the 20% of traders who win.
¶ It depends on your analysis because as long as you can analyze before entering the market, you have your chance to make a profit.
¶ Trading is not gambling and you need to learn about it.

So it all depends on you. If you can open your mind and start learning more about trading, the situations will change for you and you will have a chance to make a profit.
hero member
Activity: 3192
Merit: 939
Everyone thinks I'm wrong but actually, the truth is better. I can't argue with anyone but I am going to drop facts why trading should be the last thing we should ever thing about.

¶ You can make money now but you'll lose it tomorrow.
¶ Your strategies only work for a limited time.
¶ You cannot always be a winner.
¶ Your can't beat the market maker.
¶ The whales are the real traders so going against them is total lose.
¶ 80% of traders are losers; maybe it's not yet time for you.
¶ Your trading has no guarantee, you will lose that profit soon.
¶  Trading is not gambling, it is technical gambling lol.


 My father always pin this to my hearing "things are easier said than done" les choses sont plus faciles à dire qu'à faire

You are right about the things mentioned in your post,but I don't agree that trading is 100% based on luck.
Nobody is saying that crypto trading can guarantee you profits.If somebody is saying this,he is a liar.
Nobody is saying that you have to follow only one strategy from the beginning,without any changes and without adapting to the new conditions and obstacles.
If crypto trading isn't for you,then stop complaining about it and don't waste your time writing such forum posts.Focus on something productive.
Crypto trading is gambling,if you treat it as gambling.Everything depends on your decisions and your perceptions.

full member
Activity: 1092
Merit: 227
What do you know, there is increased awareness in the trading learnings. More and more professional courses are coming out in the country these days who will be teaching you how to trade effectively with the help of Technical Analysis. Honestly, more and more individual traders are out there rather than brokers now. The brokerage world is mostly for the bigger players.

Trading does not work on guesses. Im not sure a decade ago, but in the timeline Im pretty sure people are more and more aware of the knowledge based tradings. People are going crazy from leaving job to making the trading as full time work. So not sure if your guess is right.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
How much have you really read, and seen, objectively?

A lot? Then ask yourself how much have you been shown 100% transparently, like an open, full account of trading gains and losses? I have yet to see any trader show this. I feel like with Defi swapping/trading on DEX you can easily prove your worth by sharing a wallet address to show proof of loss/profit.

Anyone doing this would get all my respect.

By the way this means my answer is no, it doesn't. It's definitely based on guesses.
hero member
Activity: 2954
Merit: 796
Trading is indeed a game of guess for those 80% of people that you mention above but a strategy for those traders that keep on winning. Simply trading is a mind game on when to buy and sell since the trend is always set by the built up of emotion of the traders majority. All profit generating activity has a risk involve and all the disadvantage that you mention is applicable to all of them. You will only lose in trading if you sold your tokens but  futures and leverage trading is purely a gamble.
sr. member
Activity: 2016
Merit: 283
Yhup 80% of traders are losers, why? Well base on the information that i found it says it is because of greediness and mostly didn't follow the real direction to become a good trader, it means they're learning but usually they're trying their luck because of thoughts and some reason , where in, without knowing they are trading against the trend of the market reason they ended losses as well, especially  those who can't afford to take a course and preferred learning on their own because they experience more loses than winning in trading.


Trading isn't really easy to be honest because there's a very long process to become a good trader, infact most successful traders they took 2-4 years before they succeed. So If you don't have patience then don't jump in it to prevent regrets because it can cause massive losses at the end.
sr. member
Activity: 1890
Merit: 252

Trading is not for everyone, whichever market it will be from stocks, crypto to forex, it needs someone to do it at the right time. Its not just guesses, there is algorithm they follow which is why they know the probability of where the market trend go. People do it all the time, they lose and win. Those who learned from their mistake learn to win and those who gave up, give up his future in crypto. 
Basically there are many things we should learn before starting to trade on any market,
of course it is not something easy and can be learned just like that, especially if we talk specifically about the crypto market which is very volatile,
most importantly consider carefully before starting to trade
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
Those who are saying that they have never made a loss will be an immediate lie. That's impossible, and they would be just making fantasies over something that isn't true. There's no need to argue about anything in trading; show the results and admit it's not 100%.

Trading is against people, so if someone is winning in trading, there's someone losing. No one wants to admit that they lost too, you know.

It does work, but it's about protecting your capital and making sure that you are not going to lose everything and become emotional that you would bet against the market continuously. The most consistent people are the ones who will be winning in trading, IMO, and of course, algorithmic traders because they are the most consistent. (Using bots etc.)

It would help if you didn't think that it's a guarantee to profit; it will always be in the amount of effort you will make.
mk4
legendary
Activity: 2870
Merit: 3873
📟 t3rminal.xyz
Everyone thinks I'm wrong but actually, the truth is better. I can't argue with anyone but I am going to drop facts why trading should be the last thing we should ever thing about.

It's funny how you moved from "does trading really work" to "why trading should be the last thing we should ever thing about". Two very different things.

Also, with the risks you've listed, I'm pretty sure traders are totally aware of the risks lmao. It's not as if trading as suddenly discovered when cryptocurrencies existed, spot/leverage/futures trading existed for decades now. It just depends on the person if he/she can stomach the risks.
legendary
Activity: 2268
Merit: 1379
Fully Regulated Crypto Casino
1) 80% of traders are losers. Many do brag on being traders but they don't make money from it.
2) Trading is based on luck: you might be lucky making good profits in trading at the beginning, but later you'll pay for it.
On point number 1 you could be right since some traders didnt know when to sell or buy at a perfect timing. They just buy when therr is hype and when the hype gone the prife go down and they panic and sold at a loss. What a bad day, and then quit.

Its not true on point 2 since luck is part of it but entirely a good basis for profiting. There are some who uses technicals for that to work and you must understand that. Yes it could be only luck but if you are way beyond simole buy low and sell high, you could leverage some good gains ans avoid such loses.
legendary
Activity: 3346
Merit: 1134
Leading Crypto Sports Betting & Casino Platform
You believe in luck that's why. Equip the Rabbit's Foot, maybe that will increase the luck.  Grin Just kidding.
Look, analysis does work by using the history of one currency. But it's more difficult when you do it in the very short-term like day trading with high risk.
Bitcoin for example has a history of being dumped hard after a pump. It took flight at $60k and if you have enough courage to sell at that point you have profits right now.
Buy back at $35k+ - $40k with just the same amount of BTC that you sold and the rest is yours. It takes time, so if you are looking for a daily basis profit, might as well take a day job while waiting. 
hero member
Activity: 3038
Merit: 617

Trading is not for everyone, whichever market it will be from stocks, crypto to forex, it needs someone to do it at the right time. Its not just guesses, there is algorithm they follow which is why they know the probability of where the market trend go. People do it all the time, they lose and win. Those who learned from their mistake learn to win and those who gave up, give up his future in crypto. 
jr. member
Activity: 38
Merit: 18
Everyone thinks I'm wrong but actually, the truth is better. I can't argue with anyone but I am going to drop facts why trading should be the last thing we should ever thing about.

¶ You can make money now but you'll lose it tomorrow.
¶ Your strategies only work for a limited time.
¶ You cannot always be a winner.
¶ Your can't beat the market maker.
¶ The whales are the real traders so going against them is total lose.
¶ 80% of traders are losers; maybe it's not yet time for you.
¶ Your trading has no guarantee, you will lose that profit soon.
¶  Trading is not gambling, it is technical gambling lol.


 My father always pin this to my hearing "things are easier said than done" les choses sont plus faciles à dire qu'à faire
legendary
Activity: 3808
Merit: 1723
On low time frames like the 1 minute chart the markets are very random. Not too many people can make money trading like that unless they got some insider knowledge.

However long time frames like hourly or daily do give you an edge. Many traders around the world look at the same chart and if everyone seems the same outcome they will buy in the same area and hence it’s possible to make money that way.

However most traders are impatient and want to trade the 1m chart and think they will get rich of it. Doesn’t work like that.
legendary
Activity: 2534
Merit: 1397
2) Trading is based on luck: you might be lucky making good profits in trading at the beginning, but later you'll pay for it.
3) Those strategies can not stand the test of time: Your strategy might be giving you good profit now, but how long can it last?
(....)
If you will truly rely on luck, you will become a loser, trust me. I believe when you are trading, you need knowledge and skills, if you are talking about luck, then you are considering that trading is the same as gambling, which I completely disagree with.
Strategies that using in trading are not always 100% guaranteed, it will not work always that's why we have to stop loss if ever your strategy will be invalidated but if you will master your strategy, as time goes by you will be good at it.
full member
Activity: 1303
Merit: 128
If trading truelly works so why the speculation, It's like the game of throne.
Trading has its own pros and cons and its not about always making money because there is not perfect trader for a volatile market.
If you do trade with the right knowledge, the chance for making profits are high but if you do trade based on any guesses then don't expect to make money here.
Analyzing works, don't lose your hope and just set a goal that is possible to achieve, I'm a simple trader as well and honestly I have some profit every end of the year and I'm happy with it.
hero member
Activity: 3010
Merit: 666
I have been seeing people talking and writing about trading like they never made losses showing different techniques the upcoming traders can use to trade and make money. I always see people arguing about strategies, the right chart for a particular trend, where likely the direction of Bitcoin tend go, and so many boring writeup. I keep asking if these so call traders actually makes money from trading. If you guys actually make money from trading then where are the losers?

That apparently was a big lie. Here trading losses are somewhat a part of it, even experts still in the consequences of suffering losses for nobody is perfect. So hearing those unbelievable stories make people think trading is a somewhat a sort of easy money scheme and all the traders had become rich but guess what, many had lost their money.

If you are now in trading and suffering losses, blame yourself not them because you are following them.
We have to clearly understand that trading is not an easy job nor to think that we can be rich instantly.
legendary
Activity: 1652
Merit: 1208
Gamble responsibly
Trading is not based on luck, some new traders because of this turn trading to gambling and lose high amount of money. Trading is not luck, it needs learning and practices.

I keep asking if these so call traders actually makes money from trading. If you guys actually make money from trading then where are the losers?
It depends on your risk management. Like if you use 1x margin for future trading, you consider not to lose than gain much, the market will swing side ways and you will most likely gain. If you do not gain early, some traders will turn it to swing trading. Later they will make money. This has helped me several times.

1) 80% of traders are losers. Many do brag on being traders but they don't make money from it.
Newbie traders lose. Some will later leave scalping and day trading for swing trading or holding.

3) Those strategies can not stand the test of time: Your strategy might be giving you good profit now, but how long can it last?
Just always consider  not to lose than aiming gain is the first strategy that will help you.

5) If you are making money, so whose money are you gaining?
You gain from the losses of other traders. If you lose, traders that make profit gained your money that you lose.

7) Trading is gambling
For newbie traders that risk, yes it is gambling. For professionals, no, it is not gambling.

9) Trading platforms want your money: All those exchanges that provide trading services need your money for maintenance of their portfolios.
Read answer number 5. Exchanges gain from trading fee, not your money.

10) Trading does not guarantee profit
It can but for people that understand it. If you do not make money yet and you keep on losing, then just hold.
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