For the fact that trading is very risky especially for those who are new in it, it is better not to rush into it. Take your time to learn even if it will cause you to be slow, it will help to reduce loses as a beginner. When loses are not much for a beginner it is a good experience for trading as a beginner.
Nobody rushes into a river while learning how to swim without testing the waters first with a foot. You don't test with both feet. Otherwise the person drowns in the process. It's the same thing that happens with driving. So, why do people think they can go into trading and become profitable immediately without the set skills.l? I don't invest any sympathy on newbies who rush into trading and then lose without trying to acquire the skill set for it. 
Topic: Don't rush you will still win - page 5. (Read 2264 times)
Rushing trading as a newbie have been the main reason for lose of money, we always want to gain the profits even in the first trade
We don't need to rush in trading, what we need to do in trading is to look into is the loops hols that will make us to lose in trading and fix it up....one of the things that makes people to lose in trading is greediness and lacking of knowledge of trading. Majority of traders joined trading business because of information they obtained from other people, and when they think that they can do same and make profit and they end up experiencing loss, despite that nobody knows it all in trading, but before you join trading you need to undergoes training through your tutorial research of trading.
It is better to go slow with trading and be consistent as beginner than to be very fast. Rushing trading is not very bad though, with the interest to learn fast can also make new traders to know what they want about trading but it will cause so much lose of money. For the fact that trading is very risky especially for those who are new in it, it is better not to rush into it. Take your time to learn even if it will cause you to be slow, it will help to reduce loses as a beginner. When loses are not much for a beginner it is a good experience for trading as a beginner.
It is better not to rush when a beginner wants to run a trade because it will give a risk of loss and it is better to learn trading in a more responsible way even though getting small profits before.
Trading that is started in a hurry will not give good results because one does not have a view when the trade does not go according to plan.
It's okay to be late as long as you're safe and this is what I always consider when I want to spend money and it doesn't just apply to trading.
Take the time to improve your skills and learn the basics so you have a perspective when you get involved in trading.
Trading is not easy to do but everyone has the opportunity to achieve success in trading if they learn it properly.
Good point, there's always risk but if you fully understand what you are doing then the chance to prevent or avoid that risk may take place, you have to continue learning the process and if ever you encounter mistakes and loses make sure to note that up and use it as basis on your next decision making, positioning is what we need to learn and how we execute our trades, once you established that then chances to earn will follow.
Traders need to take into account any mistakes they could actually make, as one of the things that ruins newbies is that they think they will always trade the markets to the best of their ability and this is not true, we can have bad days too and days in which we are not feeling at 100%, so when that happens you have to either take a break or risk making a mistake, and if it happens you need to avoid to chastise yourself too hard, because as long as the mistake is not a grave one, you can eventually recover whatever money you could have lost. 
Indeed, experience traders follow patterns that may allow them to be compensated back if the target did not meet right away as long as they are in the track bounce back may take place and will allow them to recover unlike with newbies they quickly jumping into conclusion and quickly decide to quit then lose their initial investment, more on how you perform your research and how deep you analyze the potential before deciding if what will be your next plans as market will keep moving unexpectedly.
The experience traders started as the beginners are doing right now therefore, the beginners can someday belike the experience traders if they believe in themselves and not stop trying until they better their trading skills. At times we need the mistakes to make our decision to be better chosen and not be making them when we have gotten more money to put into our trading accounts but later to lose them all because we do not have experience. Trading should be done with extreme precautions because we do not get to have our money back after we have lost it. You do not have to rush anything that you are doing, do it carefully so that every decision that you are taking will favour you. The market will always want to take your money but you have to be more strategic to prevent that from happening.
Indeed, experience traders follow patterns that may allow them to be compensated back if the target did not meet right away as long as they are in the track bounce back may take place and will allow them to recover unlike with newbies they quickly jumping into conclusion and quickly decide to quit then lose their initial investment, more on how you perform your research and how deep you analyze the potential before deciding if what will be your next plans as market will keep moving unexpectedly.
The experience traders started as the beginners are doing right now therefore, the beginners can someday belike the experience traders if they believe in themselves and not stop trying until they better their trading skills. At times we need the mistakes to make our decision to be better chosen and not be making them when we have gotten more money to put into our trading accounts but later to lose them all because we do not have experience. Trading should be done with extreme precautions because we do not get to have our money back after we have lost it. You do not have to rush anything that you are doing, do it carefully so that every decision that you are taking will favour you. The market will always want to take your money but you have to be more strategic to prevent that from happening.
Rushing trading as a newbie have been the main reason for lose of money, we always want to gain the profits even in the first trade. I know the ultimate goal for every trader is to make profit in trading but since newbies are not very familiar with trading it is better not to rush it because taking your time to learn trading will help in reducing lose due to lack of understanding.
Having a certain strategy will allow you to make better profits. If you know how to read charts and know TA then you are going to have certain points where you think it's better to buy a coin, and if you can do that then you are going to realize that it is not happening every day at every hour, it happens rarely and you should be careful about getting into the market just because you want to make more profit. I know that it takes time but it is going to be something that will not be all that easy to see. We should be careful and maybe we will do fine in the end.We shouldn't really consider this as a good thing, we should consider this as a big thing and maybe we will do fine in the end. If you ignore your own strategy, then you will lose money and you will not make much of it back as well. I personally saw a lot of people who made the same mistake and in most cases those people ended up losing money and because of that it is a big problem that we are facing.
Both experienced and newbie traders do looses on their trades all because they can't always get on the right target of the market.
But though newbies who are eager to jump into trades because they want to make quick thinking the basic knowledges they've acquired are good enough for them as a matter of impatient to learn the factors surrounding the risks and profits are usually liable to loose exceedingly and that could make them give up within a short term why because they were not financially and knowledgeably prepared.
While experienced Investors are also exposed to losses too but has the potential strategies to recover their loose in further trades because they're experiences enough to figure where their loopholes came from so also they could amend to it.
But though newbies who are eager to jump into trades because they want to make quick thinking the basic knowledges they've acquired are good enough for them as a matter of impatient to learn the factors surrounding the risks and profits are usually liable to loose exceedingly and that could make them give up within a short term why because they were not financially and knowledgeably prepared.
While experienced Investors are also exposed to losses too but has the potential strategies to recover their loose in further trades because they're experiences enough to figure where their loopholes came from so also they could amend to it.
Indeed, experience traders follow patterns that may allow them to be compensated back if the target did not meet right away as long as they are in the track bounce back may take place and will allow them to recover unlike with newbies they quickly jumping into conclusion and quickly decide to quit then lose their initial investment, more on how you perform your research and how deep you analyze the potential before deciding if what will be your next plans as market will keep moving unexpectedly.
Not only for beginners but hasty actions are also dangerous for professional traders, especially for beginners whose knowledge and experience are still very minimal.
Basically in any case, especially in activities involving money, acting hastily will always be too dangerous, because when you take hasty action, it means that your considerations are not optimal, which will lead you to the wrong decision.
On the other hand, I am sure that these actions are more often carried out by beginners, because when someone has knowledge and experience, they will certainly know that acting hastily will only endanger themselves, but beginners do not think in that direction, which is because their knowledge is still minimal, I hope they, especially beginners, look for references from various sources related to what can be done and what should be avoided.
Basically in any case, especially in activities involving money, acting hastily will always be too dangerous, because when you take hasty action, it means that your considerations are not optimal, which will lead you to the wrong decision.
On the other hand, I am sure that these actions are more often carried out by beginners, because when someone has knowledge and experience, they will certainly know that acting hastily will only endanger themselves, but beginners do not think in that direction, which is because their knowledge is still minimal, I hope they, especially beginners, look for references from various sources related to what can be done and what should be avoided.
Rushing trading as a newbie have been the main reason for lose of money, we always want to gain the profits even in the first trade.
You have said the fact about newbies joining the trading; they think trading is a quick way to make money, although on the other hand it is, but the way they take it is not like that. You can’t earn without the knowledge of trading; you will keep losing money in trading. Trading is something different; it’s beyond what they think. Knowledge should be the first thing they should look for before anything else.
Both experienced and newbie traders do looses on their trades all because they can't always get on the right target of the market.
It’s true that regardless of how knowledgeable you are, you will still lose in trading. But people who are more likely to lose and at high risk of losing their money in trading are the newbies that did not have sufficient knowledge of trading. They lose more in trading there somethings that professional traders will do to escape some losses; newbie traders may not have that knowledge to do such things. Knowledge is very important.
Both experienced and newbie traders do looses on their trades all because they can't always get on the right target of the market.
But though newbies who are eager to jump into trades because they want to make quick thinking the basic knowledges they've acquired are good enough for them as a matter of impatient to learn the factors surrounding the risks and profits are usually liable to loose exceedingly and that could make them give up within a short term why because they were not financially and knowledgeably prepared.
While experienced Investors are also exposed to losses too but has the potential strategies to recover their loose in further trades because they're experiences enough to figure where their loopholes came from so also they could amend to it.
But though newbies who are eager to jump into trades because they want to make quick thinking the basic knowledges they've acquired are good enough for them as a matter of impatient to learn the factors surrounding the risks and profits are usually liable to loose exceedingly and that could make them give up within a short term why because they were not financially and knowledgeably prepared.
While experienced Investors are also exposed to losses too but has the potential strategies to recover their loose in further trades because they're experiences enough to figure where their loopholes came from so also they could amend to it.
It is better to go slow with trading and be consistent as beginner than to be very fast. Rushing trading is not very bad though, with the interest to learn fast can also make new traders to know what they want about trading but it will cause so much lose of money. For the fact that trading is very risky especially for those who are new in it, it is better not to rush into it. Take your time to learn even if it will cause you to be slow, it will help to reduce loses as a beginner. When loses are not much for a beginner it is a good experience for trading as a beginner.
Trying to rush is something that newbies do very quickly, and it applies in many aspects as well. For example, they see a buy chance where it is not, but they can't wait a week to see something that actually could benefit them, which is an issue and I believe that we are not going to see this changing a lot more, we are not going to make sure this gets ahead, we can't make it change that much. We need to consider this as much of an issue as it gets and without that we can't really change the world all too much.We need to get to a point where we can wait however long we need to wait to make this work, that way we could get a lot better result and we should be seeing this changing for the long term as well. I know that it will take some time, but eventually we are going to see this getting to a point where it could reach a greater result. All we have to do is wait, and I agree that rushing will not make this any better, it is going to hurt us in the end.
Sometimes in trading lose can even happens without one even having any idea about but having good understanding about trading makes everything easy that won't lead to too much of lose.
Agreed because I have lost some trades that I thought it will be an easy win trade for me but after losing I didn't just forget about the trade. Losing is going to happen and we can't prevent that from happening but after it has happened, we shouldn't just ignore this but find out why it happened because there's always a reason to why you lost your trade. Sometimes it might be your mistakes while other times, it'll be because of a reason that you had nothing to do with and if you knew that was going to happen, you still won't be competent to stop it.
The market can have a reaction to a news and all of a sudden, the market is looking great and sometimes too, the market can be reacting to a bad news and it causes the market to enter a panic mode. But as a trader that wants to become successful, you shouldn't allow all this to stop you from continuing to try to become a good trader.
Newbie traders are most likely to lose money in the beginning when they trade. But before trading, it is very important to know and research the details of how to trade and when trading in which coin has the potential to earn money. However, it is not the case that just knowing and doing research will save you from getting financially hurt by trading. Then every trader would surely only gain profit and never lose due to knowledge alone. As soon as you decide to trade, you should also keep in mind that you can lose money at any time. But one thing is that if you do it patiently and slowly become proficient then at some point you will be able to earn profit from here.
Trading is about lose and gain and it is very important people must have good understanding before going into trading. Even with the understanding we have about trading it is still possible for one to experience lose but the understanding of trading helps in reducing the amount of lose that will occur in the trading process. Getting understanding in trading is of good advantage to gain profit and to reduce the rate at which lose will occur. Sometimes in trading lose can even happens without one even having any idea about but having good understanding about trading makes everything easy that won't lead to too much of lose.
Those who got that nerves to push forward and try harder will manage to take things in another level, though not all can be successful as it is but most likely those who have that patience will find ways to succeed, it's logically right that trading is not for everyone but for those who wanted to lead their way to lern deeper and make it worthy for them to stay.
No rush but patience and keep learning and make things possible for you to established your skills and make things better from time to time.
No rush but patience and keep learning and make things possible for you to established your skills and make things better from time to time.
that's why many people say trading is not for everyone. even people who want to learn trading should know that. not to scare, just motivation for those who want to learn trading must have preparation first.
many beginners rush to trade futures, even those who do not know anything about crypto trading. learn by yourself from a video but it will only provide lessons, not an understanding. maybe they can trade but are not really ready to trade.
Be it trading or any profession. Before rushing towards the practical implementation, you need to have the theoretical knowledge. If you lack in theory, then in real time it’s obvious that you will make mistakes. So before actually trading, invest your time to learn about trading. Then, once you are familiar with the concepts, use a demo account to understand the market. Now, when you think you are ready, only deposit a minimum balance to try trading. And yes, don’t forget that; risk that much amount that you can afford to lose.
It is also important to remember that this process can take months or even years, it is precisely because of that many newbies decide to skip all of those steps thinking they can learn how to trade as they go and save their time this way, a huge mistake without a doubt, as trading cannot really be learned on this way as the price of each mistake they commit is simply too big to ignore, so it is better to learn slowly but surely and avoid making those mistakes while they have money on the line.Even if we trade for many years, if we never change our behavior and correct our mistakes, we still end up the same. It is too funny indeed to call ourselves a legendary loser, when in fact we have given time to learn and improve.
Be it trading or any profession. Before rushing towards the practical implementation, you need to have the theoretical knowledge. If you lack in theory, then in real time it’s obvious that you will make mistakes. So before actually trading, invest your time to learn about trading. Then, once you are familiar with the concepts, use a demo account to understand the market. Now, when you think you are ready, only deposit a minimum balance to try trading. And yes, don’t forget that; risk that much amount that you can afford to lose.
It is also important to remember that this process can take months or even years, it is precisely because of that many newbies decide to skip all of those steps thinking they can learn how to trade as they go and save their time this way, a huge mistake without a doubt, as trading cannot really be learned on this way as the price of each mistake they commit is simply too big to ignore, so it is better to learn slowly but surely and avoid making those mistakes while they have money on the line.Even if we trade for many years, if we never change our behavior and correct our mistakes, we still end up the same. It is too funny indeed to call ourselves a legendary loser, when in fact we have given time to learn and improve.
Rushing trading as a newbie have been the main reason for lose of money, we always want to gain the profits even in the first trade. I know the ultimate goal for every trader is to make profit in trading but since newbies are not very familiar with trading it is better not to rush it because taking your time to learn trading will help in reducing lose due to lack of understanding. It is better to go slow with trading and be consistent as beginner than to be very fast. Rushing trading is not very bad though, with the interest to learn fast can also make new traders to know what they want about trading but it will cause so much lose of money. For the fact that trading is very risky especially for those who are new in it, it is better not to rush into it. Take your time to learn even if it will cause you to be slow, it will help to reduce loses as a beginner. When loses are not much for a beginner it is a good experience for trading as a beginner.
In any thing is life if you rush and didn't think along the way, you might lose in the end. For trading though, I would say that if you lose then take that as a experience and not something bad that you can't recover and bounce back, you can still win in the end of you are a thinking trader or you are becoming smarter by the day.
And just be positive and just focus on your goal in the beginning. We all know that trading is really hard initially, not just money that you are going to lose, maybe a lot of sleepless nights as you are thinking about how to recover. So yeah, you might take is slow, as it reduces the risk as also the learning path, it's a slow curve that everyone will have to take to become successful.
I believe that most of the hasty involvement in trading is often done by novice traders who have just started, usually the reason is because they want to immediately get the profits that they always imagine, even though it is clear that in trading for the matter of profit it will always depend on how much knowledge and experience you have, nothing is instant in anything, and this is the reason why everyone is required to love the process if they really want to reap something beautiful at the end of the journey.
Newbies are inexperienced and will want to make quick returns from trade. So the possibility of taking uncalculated risk will set in. But this will not mean that old traders don't also make hasty trading decisions. Sometimes greed might make an experienced trader not analyse the market accordingly before making decisions. Some traders have so much confidence in the predictions of some popular professional traders. Without considering the risk, they will just quickly do exactly what they hear on prediction channels. However, they fail to understand that these professionals also make mistakes. Trading is a specialised field that requires learning and patience.
And also of course it is not only done by beginners, in the sense that traders who have been around for a long time still have the possibility of making various decisions that are not fundamental, but maybe what makes it different is that a trader who has been in the world of trading for a long time will certainly not make these mistakes too often because of the experience they have.
On the other hand, I don't know why some traders put their trust and confidence in the prediction signals given by other parties on a channel, but what is certain is that I think there are several factors that are the reasons where the first is they want to get instant profits without having to analyze the market without making any considerations.
Any trader who relies so much on his old pattern of trading without re-adjusting his trading strategies from time to time to suit the current trading standards/situation, obviously wants to fail. Learning is not only limited to beginners, experienced traders too need to re-evaluate their trading strategy so as to enhance their chances of winning.
Traders, especially those who think they are "experienced" need to understand that it is very okay to take a break, learn and restrategize. Most traders are failing because they failed to understand this. Any failing trader who has refused to work on his strategy is really joking. Until he realizes the mistakes he is making, he will keep failing until there is nothing left for him to trade with.
The idea that trading world changes and because of that we need to change is a hard concept to grasp for most people. You are going to see that a lot of people make money one way, and because they made money that way it feels like we could actually make that work because we know that we already made money from it, then we are going to have hard time changing.Traders, especially those who think they are "experienced" need to understand that it is very okay to take a break, learn and restrategize. Most traders are failing because they failed to understand this. Any failing trader who has refused to work on his strategy is really joking. Until he realizes the mistakes he is making, he will keep failing until there is nothing left for him to trade with.
When in reality we should be changing, because the world is changing, and because of that it is going to be a hard thing if you keep doing the same thing over and over again. While it may have made you some money at some time, that doesn't mean that it will make you money forever, it is not the same thing and we should consider this as something wrong and do better job at it.
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