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Topic: Does trading really works? Likely based on guesses (Read 469 times)

hero member
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Actually you are right about it on guesses since we are not sure whether that prediction of ours will come true or not but the difference is that we are not just randomly guessing but we are using available data that we are going to analyze on what could possibly happened in the market and once we convinced ourselves on what most likely going to happened in the market that's the time we are going to buy or sell.

So for me it's not likely a guessing but predicting based on the analysis and available data.
It is definitely guesses and nothing more, he/you are right. We could find some directions and we could see some stuff, but there is never a guarantee on what will happen and all we could do right now is to make sure that we are on the right side of the prediction game. If we keep on investing at a level where it is not really that much of a big deal, then we are going to end up with a big loss and it is not going to end that well for us at all.

Best case would be to just focus on long term because the prediction is a lot easier there. To predict that bitcoin will be higher in the long term, in a few years, should not be that hard, still not guaranteed but close to being a sure thing.
sr. member
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trading it can make us rich, but we have to know how risky it is, without us understanding what trading is I'm sure we will not succeed in this field,
Trading is something old, but crypto currency is a new thing, trading in the crypto market Unlike the stock market or forex,
high volatility makes capital disappear quickly, so we have to be careful
Trading that only based on guess will never succeed, mostly only ends in losses.  trading in forex, stocks and crypto are very different, even how to analyze crypto price movements will always be difficult.  before trading try to deepen your skills and analytical skills so you can minimize losses to the smallest.
You would realize on it itself when you are on the actual situation or condition on which you would really be finding out that trading isnt something that only talks about wild guesses but rather you would really be

needing some good analysis and proper research so that you could able to have better chances or odds on making profitable trades and not just tending to guess out via intuition or gut feeling.
Does trading really works? Yes of course but it wont really be simple as it sounds.

It would be requiring time and effort before you could learn up these skills which would help you on surviving this unpredictable market.
full member
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Hire Bitcointalk Camp. Manager @ r7promotions.com
trading it can make us rich, but we have to know how risky it is, without us understanding what trading is I'm sure we will not succeed in this field,
Trading is something old, but crypto currency is a new thing, trading in the crypto market Unlike the stock market or forex,
high volatility makes capital disappear quickly, so we have to be careful
Trading that only based on guess will never succeed, mostly only ends in losses.  trading in forex, stocks and crypto are very different, even how to analyze crypto price movements will always be difficult.  before trading try to deepen your skills and analytical skills so you can minimize losses to the smallest.
member
Activity: 464
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trading it can make us rich, but we have to know how risky it is, without us understanding what trading is I'm sure we will not succeed in this field,
Trading is something old, but crypto currency is a new thing, trading in the crypto market Unlike the stock market or forex,
high volatility makes capital disappear quickly, so we have to be careful
no differences in analizing cryptocurrency or forex and stock market,. technical analisys has same chart and indicators that used to predicted price movement. person that said trading could make us rich maybe never felt in loss and panic when looking all price crash hardly like current condition.
sr. member
Activity: 2828
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I guess OP must have to know how trading really works as thinking that trading is only a wild guess, none of these traders will survive, they all absolutely lose.

Guesses are not really applicable in short term trading with a high leverage and small amount of capital. Sometimes, when I'm too lazy to make a technical analysis, I will just gonna look at the graph, looking for a recent dip and if I spot one, I will just gonna enter a long trade in futures with very low leverage and I'll just leave it there. I'm gonna check it after few days if it does make a profit already or not.
I suggest not to do that, it was not a healthy idea. If you are not in the mood, you'd better not go trade coz surely the result was not acceptable.
It is very important to have TA, to have some basis on when to BUY and when to SELL will something gives us a higher chance to make a profit which is very unlikely if we just guess.
legendary
Activity: 1708
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We know that trading is full of market volatility and again it's all about the buyers and sellers we can know is just the pattern with the use of the Technical analysis and keep updated about the crypto world news through this you can keep aware and lessen the possible risk of your investments.  Knowledge is the we need to keep make sure to make an ideal and good decision making.
hero member
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I accept when you are exchanging, you want information and abilities, in the event that you are discussing karma, you are thinking about that exchanging is equivalent to betting, which I totally can't help contradicting. Numerous merchants all over the planet take a gander at a similar diagram and assuming everybody appears to be similar result they will purchase in a similar region and subsequently bringing in cash that way is conceivable.
hero member
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Actually you are right about it on guesses since we are not sure whether that prediction of ours will come true or not but the difference is that we are not just randomly guessing but we are using available data that we are going to analyze on what could possibly happened in the market and once we convinced ourselves on what most likely going to happened in the market that's the time we are going to buy or sell.

So for me it's not likely a guessing but predicting based on the analysis and available data.
Exactly, there is a huge difference between a wild or random guess and an educated guess, in the first instance there is no basis for the guess at all and the one making the prediction  is just speculating about the direction the market could take, however someone that is making an educated guess has data behind his guess, as it is a guess it is not 100% accurate but as long as it is accurate enough to produce profits over the long term then the trader sooner or later will turn a profit as long as he follows through and invests in the market each time he can make a similar educated guess.
sr. member
Activity: 2282
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Actually you are right about it on guesses since we are not sure whether that prediction of ours will come true or not but the difference is that we are not just randomly guessing but we are using available data that we are going to analyze on what could possibly happened in the market and once we convinced ourselves on what most likely going to happened in the market that's the time we are going to buy or sell.

So for me it's not likely a guessing but predicting based on the analysis and available data.
sr. member
Activity: 2436
Merit: 455
Guesses are not really applicable in short term trading with a high leverage and small amount of capital. Sometimes, when I'm too lazy to make a technical analysis, I will just gonna look at the graph, looking for a recent dip and if I spot one, I will just gonna enter a long trade in futures with very low leverage and I'll just leave it there. I'm gonna check it after few days if it does make a profit already or not.
hero member
Activity: 3052
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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.
I guess if we want to trade without getting losses, trading will never work for you. Even the legends in trading still make losses, so most likely losses has always been part of trading eversince. But the good thing in trading, is that you learn from every loss you made and that will hone you to be a good trader, and start to lessen the risk of losing. Traders do sometimes need luck too, but mastery will always be a must.
sr. member
Activity: 2604
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why I think trading does not works and it's based on guesses

If you open your positions based only on guesses, it will be like a casino where you can either win or lose. In any case, if you use a trading strategy or patterns that are understandable to you, your chances will be much higher than if you opened your positions unwisely.
Odds would be much higher if analysis and research would be applied and its incomparable with gambling honestly.Trading without any basis or analysis is just simply gambling but since there are only two ways on where

price could actually go then you do have 50% chance whether you would make profits or would have floating negative.So its up to someone personal impression and treatment towards trading.

We do have our own views and perceptions in certain things but success would really vary on how you do deal with it.
legendary
Activity: 2422
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1) 80% of traders are losers. Many do brag on being traders but they don't make money from it.
How do you know 80% of crypto traders are only losers?
You need data from valid research before you state this. Without data from valid research, means you only spread FUDs. To be honest, I even don't know how many losers and how many successful traders are, in crypto. Anyway, if those traders cannot make money from trading, they won't stay and spend their time in crypto. If they can stay a long time, means they successfully earn money from trading.

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.
If it happens to you, means you are never serious about learning crypto trading.
Traders who trade based on luck only, are lazy traders. They don't want to improve their knowledge and skills in trading.
There are many types of trading, don't rely on a single way or type of trading. If 1 type of trading doesn't work anymore, just move to another trading type.
hero member
Activity: 2100
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It’s not a must that you’re going to be a trader, it doesn’t work for everyone. I am not even a day trader, rather I prefer to invest money for a long term in the market with plans of selling when the market is bullish and making my profit. Trading didn’t work for me, but long term investment has been working for me.

So, you have just got to do what works for you. I learnt from BusinessInsider.com that about 70% of traders are losing their money, and there are some sites that goes as far as saying the rate of losses in trading is up to 90%. I can’t tell what it is, but one thing for sure is that a lot of people lose money in trading. It’s not easy to do.
hero member
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It has to be known that life in trading is not all about winning, we still have time to lose especially if you are just guessing.
If you could imagine some people keep on trading despite their losses this is because they are still in profit. I understand that many traders suffer more from losing especially newbies but this will not mean that trading doesn't work in general, it depends on the trader itself. Trading really works but not for everyone, that was the truth.
What happens is that people have the wrong idea about trading, they need to think of trading as a marathon in which there are millions of people competing for a very small pool of prizes, this means that only the very best will obtain any prize at the end of the marathon while the rest will obtain nothing and they will waste their time.

So when we think of trading in this way it is easy to see that trading works, but there is a caveat, it only does for a very small minority of traders.
legendary
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To the Moon
why I think trading does not works and it's based on guesses

If you open your positions based only on guesses, it will be like a casino where you can either win or lose. In any case, if you use a trading strategy or patterns that are understandable to you, your chances will be much higher than if you opened your positions unwisely.
full member
Activity: 1736
Merit: 116
trading it can make us rich, but we have to know how risky it is, without us understanding what trading is I'm sure we will not succeed in this field,
Trading is something old, but crypto currency is a new thing, trading in the crypto market Unlike the stock market or forex,
high volatility makes capital disappear quickly, so we have to be careful

Of course trading can make us rich, many have proven it, but it is not as easy as imagined to become a successful trader. There is a long process
that we must go through first, so for newbies who think trading can make them rich instantly they are wrong. Even professional traders who are used
to trading the stock market and forex, when trying to trade crypto many fail. Because apart from being more complicated crypto trading, the volatile
crypto market is also the reason why it is quite difficult to make consistent profits when trading crypto. But if we can be patient and continue to improve
our trading skills, indeed crypto trading can promise us to make big profits.
hero member
Activity: 2730
Merit: 632
It has to be known that life in trading is not all about winning, we still have time to lose especially if you are just guessing.
If you could imagine some people keep on trading despite their losses this is because they are still in profit. I understand that many traders suffer more from losing especially newbies but this will not mean that trading doesn't work in general, it depends on the trader itself. Trading really works but not for everyone, that was the truth.
Guessing, speculation and never ending intuition and gut feeling when it comes to price predictions or speculations which i could say a very common kind of behavior or quality that we would be seeing on each trader.
Yes, this isnt something that could give out any assurances but due to experience,knowledge and some tools which you could make use then you could possibly able to handle out yourself that well.
This isnt for everybody though and only who had accepted out on losing money or risk takers are the ones who do really withstand the risk involved for very long time.
You would make money if done right and if not then it goes to opposite.
hero member
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BTC to the MOON in 2019
It has to be known that life in trading is not all about winning, we still have time to lose especially if you are just guessing.
If you could imagine some people keep on trading despite their losses this is because they are still in profit. I understand that many traders suffer more from losing especially newbies but this will not mean that trading doesn't work in general, it depends on the trader itself. Trading really works but not for everyone, that was the truth.
hero member
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1) 80% of traders are losers. Many do brag on being traders but they don't make money from it.
Where did you get the data?

I say that every trader has experienced losses when trading. But why they are still trading? Because they have been gaining more profits than the losses.
Losing in trading is something usual and very normal moreover if we are trading with leverage or in the future market. But, this is the evaluation for us on how to decrease the losses and increase the win on profits. Losses in trading don't mean losers. It will depend on the trader itself.

why I think trading does not works and it's based on guesses
If this is based on guess and luck, this is not trading, but gambling. I ask you, what kind of trading strategy you are actually in? Only guessing? Only based on luck? Oly following other people? SO, that is not trading, that's more to gambling
full member
Activity: 1048
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trading it can make us rich, but we have to know how risky it is, without us understanding what trading is I'm sure we will not succeed in this field,
Trading is something old, but crypto currency is a new thing, trading in the crypto market Unlike the stock market or forex,
high volatility makes capital disappear quickly, so we have to be careful
hero member
Activity: 2408
Merit: 584
It does not guarantee a profit but it's possible to make money out of it. If we see around us, we have pro traders that already become successful because of trading. They have incurred losses but sometimes they recover it and make more than it. That only shows that trading is not only based on luck but skills matter too.
Trading works but it is very hard to learn and get really good at it, and the truth is that majority of the people will never know this and even if they do know about it, they are still not ready to pass through those series of training that would help them get better at it, because they would see it as a waste of their time. Most people just need something that they can easily hop on and start making profit, something that requires a little learning, and not the type that would require too much from them like trading.
legendary
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The trade really works, but the question is is there a permanent profit without a loss? Answer: Of course not. All traders are exposed to making losing trades, but in the end, if the profit is more than the loss, then you are a winner, but if the opposite is the case, then you are a loser, this matter is relative and cannot be measured for everyone, for me I say: I can lose in 10 trades and then win one trade It makes up for all the past losses and gives me some profits so I consider myself a winner in the end and forget about those 10 losing trades.
sr. member
Activity: 2436
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Well, OP I'd respect your opinion as it was based on your experience.
It has to say that trading is not meant for everyone, some had fail but some had also grown up and excelled. It doesn't mean that if you fail, then you can say it everyone will also fail. You also have to consider that some people are more knowledgeable enough than you and a reason why they succeed in trading.

It is just all about pursuing our goal and dedication to achieve it, many had quit in the middle of their trading journey because of losses.
hero member
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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.
If you don't lose in trading, there is no way you will profit in trading as everything started with a scratch. And to think that trading is the hardest way to make profits, its always understood that there are more losers here than winners. But eventually, as everything is learned in trading but maybe in a hard way, all those who lose in the past will learn to correct their mistakes and is now making profits at the moment.
There's still no guarantee because even if you do know and able to handle your past mistakes doesnt automatically means that you would really be able to succeed on this career or venture.

Still you would really be having a hard time although it wont really be that the same as before but at least you should make yourself aware and able to realize things about the real dealing against the market.

Trading does really work? Yes of course because if it wasnt then we wont really be seeing traders around the market.
hero member
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Winding down.
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.
If you don't lose in trading, there is no way you will profit in trading as everything started with a scratch. And to think that trading is the hardest way to make profits, its always understood that there are more losers here than winners. But eventually, as everything is learned in trading but maybe in a hard way, all those who lose in the past will learn to correct their mistakes and is now making profits at the moment.
legendary
Activity: 3318
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well, I can only say that you are too narrow-minded in the world of trading. the question is, why do people continue to be interested in the world of trading if it is so detrimental? You may see quite a lot of people complaining about it, but I'm sure a lot of people have benefited from it. I say that because I know some people who are pretty good at trading. let's spread it
trading is not pure luck. You said that it was based on luck. no wonder you say that 80% of people who lose lose. The reason is simple, it's because they trade based on luck, not strong analysis and speculation.
sometimes people hold assets they have to get even bigger profits. In addition, if they make predictions wrong, holding can make our assets return if the coins we hold are coins that have a pretty good ability to go back up.
not everyone wants to show how much they make trading. it impressed showing off and so on. maybe some mentors show a small part of it, the goal is to motivate.
There are way too many people who like to show off and usually they are influencers who want to convince you that they are good at what they do. If you are a  decent investor that doesn't have any need to convince others, then why would I show it? I am not here to brag because that is exactly what I am talking against right now, but I have made some great profits from crypto in my life, like literally living my life with crypto profits level of profit.

I have never shared any screenshots, any photos of me with some lambo type of deal, or anything like that. Why? Because I have zero clue to convince people that I have made profits, it's my business, it's nobody else's business.
hero member
Activity: 2828
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...

10) Trading does not guarantee profit: Traders always post their profits but are scared of showing their losses. Trading is difficult, you can only become a winner through luck.

That was true. Traders make profits and losses together but never think this is all about having luck, unlike gambling. Trading requires DEEP knowledge and skills which I believe these newbies don't have that is why they usually end up losing, more on losing rather than making a profit.

You actually have the point there citing that traders just only show their profit, not losses. Honestly, they are just making themselves proud of it and wanted to show that we can make money in trading. Thinking it was difficult was just at the start but in the long run and have more experience that makes it even easier.
legendary
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Once a man, twice a child!
4) If your strategy is giving you money so why are you selling it: You'll see something like "Enrol for my trading master class for the sum of $500 and become a consistent profitable trader, only 10 seats available" it sucks!
Yes, that gimmick sucks! It's deceitful, yet many can't see through it even as an obvious scam that it's. Traders should be cautious and maintain a level of patience. It's that vaulting ambition of becoming successful at all cost that makes more fall prey to scam.

Well, on trading being based on "guesses" I think that's a malapropism. We could say trading is speculative in nature, not that it's guesses. There are parameters that guard the decisions traders make and not that they just throw up speculations. Indicators are there to enable them watch platforms. Come to think of it, life itself is filled with speculation. Even when we're buying or selling stuff offline that aren't crypto related we still speculate. What about getting a life partner for marriage; we still speculate. Everyone who gets married often choose from the pack they've; that's speculation that the one they're picking will make a better home for them. Sometimes that pick fails too to make them a better home just like when we place a buy order and the market goes to sell.
sr. member
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10) Trading does not guarantee profit: Traders always post their profits but are scared of showing their losses. Trading is difficult, you can only become a winner through luck.
I want to talk about this yes trading is not guarantee for profit. Posting profit is all over on the social media and you don't see losses being talked about and this is what telegram group do. They post results only so that they can hype the project and make personal profit and move then leaving others in losses. I have not seen that telegram group paste their losses but it is certain that every trader have losses in their trade.
It does not guarantee a profit but it's possible to make money out of it. If we see around us, we have pro traders that already become successful because of trading. They have incurred losses but sometimes they recover it and make more than it. That only shows that trading is not only based on luck but skills matter too.

It's normal that they will post wins/profit because it makes them proud or happy. Ask yourself, aren't you happy when you win something? You also feel the urge of taking a screenshot and sharing it to the people you know right? Losses are so common, we are used to seeing it and seeing it can make your mood bad.
sr. member
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not all crypto traders are able to understand technical analysis, and many also follow the paid telegram channel to trade in crypto,
it's a fact, try to make pooling here, trading is difficult, especially trading in futures is really very difficult,
to be honest I've lost $1000 in futures trading, and can't come back again, this is a risk and I understand it
alot traders do this, they prefer following signal from trading group and didnt developt their own knowledge or trading skills. confidence maybe still be serious problem for beginer traders although their analisys actually right. personally i am also joining in trading signal too, but i dont accepted it except suitable with my analisys. comparing will help us alot to avoid loss and also developt our trading skill.
legendary
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well, I can only say that you are too narrow-minded in the world of trading. the question is, why do people continue to be interested in the world of trading if it is so detrimental? You may see quite a lot of people complaining about it, but I'm sure a lot of people have benefited from it. I say that because I know some people who are pretty good at trading. let's spread it
trading is not pure luck. You said that it was based on luck. no wonder you say that 80% of people who lose lose. The reason is simple, it's because they trade based on luck, not strong analysis and speculation.
sometimes people hold assets they have to get even bigger profits. In addition, if they make predictions wrong, holding can make our assets return if the coins we hold are coins that have a pretty good ability to go back up.
not everyone wants to show how much they make trading. it impressed showing off and so on. maybe some mentors show a small part of it, the goal is to motivate.
Trading does not guarantee profits, because there is risk in it. Honestly, any theory you can think of is easily debunked. I think you are not very familiar with the world of trading. try to find some trusted friends, you will surely find people who are great at this.

i very well agree with you here. if trading doesn't work, i don't think these people will still be here. but one thing that i can say, in trading, sometimes you will win, sometimes you will lose. but to what degree? it depends on you. if you are trading without any knowledge at all, definitely failure will accompany you. but if you educate yourself with the status of the coin and what's going on, you will have an idea about their market performance and will likely gain some profits. yes, people have their speculations but you should have substantial info to make a better prediction.
legendary
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Buzz App - Spin wheel, farm rewards
well, I can only say that you are too narrow-minded in the world of trading. the question is, why do people continue to be interested in the world of trading if it is so detrimental? You may see quite a lot of people complaining about it, but I'm sure a lot of people have benefited from it. I say that because I know some people who are pretty good at trading. let's spread it
trading is not pure luck. You said that it was based on luck. no wonder you say that 80% of people who lose lose. The reason is simple, it's because they trade based on luck, not strong analysis and speculation.
sometimes people hold assets they have to get even bigger profits. In addition, if they make predictions wrong, holding can make our assets return if the coins we hold are coins that have a pretty good ability to go back up.
not everyone wants to show how much they make trading. it impressed showing off and so on. maybe some mentors show a small part of it, the goal is to motivate.
Trading does not guarantee profits, because there is risk in it. Honestly, any theory you can think of is easily debunked. I think you are not very familiar with the world of trading. try to find some trusted friends, you will surely find people who are great at this.
legendary
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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.
The story of FTX founder is different. He was into arbitrage trading, if I'm not wrong he was making use of the market difference between USA and Korea. Through that he had made millions and the same paved path for the creation of FTX to serve the people.

Trading is not a gamble, but some find success out of wild guesses. Nowadays people are more into the observation of the market which gives better understanding about the market movements. In specific almost every cryptocurrency travel along with the bitcoin market. So, making trade plans according to bitcoin price moves will give better profit.
hero member
Activity: 1778
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[Nope]No hype delivers more than hope
-snip-
4) If your strategy is giving you money so why are you selling it: You'll see something like "Enrol for my trading master class for the sum of $500 and become a consistent profitable trader, only 10 seats available" it sucks!

It is a great strategy to make money. Important rule, in the same way will not get the same result. And if you ask a trading technique question to those who buy such a trading class, their answers will vary.

So it's not a worry if you want to sell your trading strategy, even if it's shared for free.
sr. member
Activity: 1498
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In trading there is such a thing as profit and loss where it depends on the skills and knowledge possessed to be able to deal with the ups and downs of the crypto market. We can't just hope for luck here because trading requires analysis and also a good understanding of the market and coins. besides that we must remember that profit or loss in trading depends on how we manage the assets that we have. if you say many fail in trading then don't blame the trading because it has become a risk for each trader. but do introspection about whether there is something wrong with the strategy or how to manage it so that it can be better in the future.
sr. member
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Merit: 332

10) Trading does not guarantee profit: Traders always post their profits but are scared of showing their losses. Trading is difficult, you can only become a winner through luck.


I want to talk about this yes trading is not guarantee for profit. Posting profit is all over on the social media and you don't see losses being talked about and this is what telegram group do. They post results only so that they can hype the project and make personal profit and move then leaving others in losses. I have not seen that telegram group paste their losses but it is certain that every trader have losses in their trade.
sr. member
Activity: 2506
Merit: 368
not all crypto traders are able to understand technical analysis, and many also follow the paid telegram channel to trade in crypto,
it's a fact, try to make pooling here, trading is difficult, especially trading in futures is really very difficult,
to be honest I've lost $1000 in futures trading, and can't come back again, this is a risk and I understand it
I think this is one of the reason too why traders losses a lot because of their experience and knowledge is not that strong. Just like what the OP said everyone could be a trader but majority of them didn't know how to grow their profit or even get back what they lost. Trading need some expertise that you are fully aware of because if not you might lost in any minute.

So the saying must be true that trading is not for everyone, some may lost, some may win, or some may never get back what they've lost.
legendary
Activity: 2492
Merit: 1232
why I think trading does not works and it's based on guesses

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.
.
.
.
All of these might have happened if you lack skills and strategies, it will end up guessing the market price and it seems you're doing more than gambling which is very crucial for your fund to have massive losses.  So, it's possible that traders would be expected to have losses when they don't have an idea how trading will work and what analysis should be used.  Some factors also are that at the beginning you'll experience losses because you're still in the progress stage of trading and gaining experience is a must before you will become a successful trader.

There's no guarantee of making a straight profit in trading, even how long you are in trading, you'll still experience losses, it's always crucial to deal with the market behavior.
full member
Activity: 1064
Merit: 101
not all crypto traders are able to understand technical analysis, and many also follow the paid telegram channel to trade in crypto,
it's a fact, try to make pooling here, trading is difficult, especially trading in futures is really very difficult,
to be honest I've lost $1000 in futures trading, and can't come back again, this is a risk and I understand it
legendary
Activity: 1288
Merit: 1081
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: 3164
Merit: 937
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
Paldo.io 🤖
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: 3318
Merit: 1133
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: 37
Merit: 14
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: 2506
Merit: 1394
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: 1624
Merit: 1200
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.
jr. member
Activity: 37
Merit: 14
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?

Pardon me if I may ask, does trading really works? Hmm...looking at the cloud for possible comprehension! I think trading is just a mere guesses of what the outcome of the market direction may be. I do see traders using trendlines to guess the direction of Bitcoin and most time their guess fails. If trading works why is their few traders than holders? Please I don't intend to go against trading or our so called traders but I'm very surprised seeing so much writeups about trading even when there is nothing to write home about.
Everyone comes to the trading board and write to show knowledge but not result. Their are 10 profitable traders out of 1000 traders in the real world. Maybe I'm drunk!

why I think trading does not works and it's based on guesses

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.
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?
4) If your strategy is giving you money so why are you selling it: You'll see something like "Enrol for my trading master class for the sum of $500 and become a consistent profitable trader, only 10 seats available" it sucks!
5) If you are making money, so whose money are you gaining?
6) You cannot always be a winner: you'll forgotten that what goes around comes around.
7) Trading is gambling: Trading is based on guesses with the use of trading tools that can help you use past events or data to guess what will happen in the future.
Cool Most traders are scared of trading: If you are scared of losing, you can as well use the fund to buy Bitcoin and hodl. Save yourself from stress!
9) Trading platforms want your money: All those exchanges that provide trading services need your money for maintenance of their portfolios.
10) Trading does not guarantee profit: Traders always post their profits but are scared of showing their losses. Trading is difficult, you can only become a winner through luck.

If trading truelly works so why the speculation, It's like the game of throne.

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