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Topic: Don't rush you will still win - page 9. (Read 2264 times)

full member
Activity: 784
Merit: 115
August 21, 2024, 01:44:44 AM
#32
Learning more about trading is a must for every trader to achieve their goals in trading. If you want to make a profit from trading, learning more will be necessary but you must be patient to learn many lessons from trading. New trader may lose their patient and makes them lose in trading so new trader needs to know how to manage their control in trading and not rush in trading. When you want to trade in crypto, you must know how to analyze the market and you don't have to worry if you thinks you will be late to enter the market because you will see the next opportunity to enter the market.

Crypto market will always ups and downs so you can enter to the market when the market is downs and that will happens many times. The important thing you can learn many things about trading before you enter to the market so you can analyze the market and get the right position.
legendary
Activity: 2758
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August 21, 2024, 12:18:38 AM
#31
One thing that makes novice traders rush is that they think that trading is a place to get rich instantly. Even though this thought is not wrong, perhaps only a small percentage have become rich in a short time, and even then, perhaps because they were lucky. It's best to trade slowly. Study each aspect and strategy, so that we get used to it. This will make someone a good trader in the future.
hero member
Activity: 2814
Merit: 526
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August 20, 2024, 06:42:51 PM
#30
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.
Even experienced traders could suffer from losses for some reasons. For example if they are just rage-trading and doesn't know when to "stop" for particular reason, you can't get rid of losses and people would like to earn so much money as quick as possible but they don't know that trading is like a marathon where experience matters the most. That's why people are losing a lot because they think they can make money quickly with trading.
hero member
Activity: 3052
Merit: 606
August 20, 2024, 05:57:48 PM
#29
New traders are losing. That is just the fact.

Do you know the worst part? They may think they know about trading after they have traded some coins and making money from it every time. They will be tempted to double their money or even increase their leverage. Then the loss will begin.

The traders that did not lose too much in the begining are using just little amount of money which is very small.
Even professional traders are still losing at some point, that goes to show that there's no exception from losing in trading. But taking it slow in trading will help you a lot, so that you won't end up rushing into so much losses. That's why patience is a must, so you can wait until you see yourself confident enough to trade before you start risking your real funds into trading.
sr. member
Activity: 1386
Merit: 451
August 20, 2024, 04:55:52 PM
#28
Not only for newbies but for both newbies and veterans, hasty trading can be a major cause of losing money. I have seen so far people who trade in haste never bring success of trading platform not only haste but also avoid excessive greed in trading platform is important because of excessive greed people lose more money from trading platform. Trading platform is never a means of making money fast Trading platform is a means of making money slowly but due to some time period money can be made in training platform even in a short period of time but at the highest ups and downs of the market. Experience comes first in the most important trading platform, you can set up everything yourself only after gaining experience.
legendary
Activity: 2576
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August 20, 2024, 02:29:42 PM
#27
New traders are losing. That is just the fact.

Do you know the worst part? They may think they know about trading after they have traded some coins and making money from it every time. They will be tempted to double their money or even increase their leverage. Then the loss will begin.
This is me when I tried trading.

I lose my first deposit in trading which is expected I guess. I felt happy and greedy at the same time when I saw that I'm making money, but in spot trading and the profit is slow so I decided to up it a notch and went to leverage trading. I made profit in my first trades, but one wrong enter got me liquidated and I lost all of my money. I also increased my leverage at that time because of the fact that I'm winning. The adrenaline rush is just there, and if you can't control yourself and you're doing futures trading, the chances of you losing in trading is pretty huge, and I've experienced it first-hand.

Rushing will always lead to losing. Making money in trading takes time. Learning takes time, and so does winning in trading. This is the problem that I faced when I'm trading, and I hope that most traders will learn from their experience as well. If you can't control yourself, just don't trade at all because you will let your emotions trade for you, and that's a recipe for disaster.
hero member
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August 20, 2024, 12:29:24 PM
#26
There are so many newbies that trade in rush making haste decision ended up so bitter about the market because they are traumatized by their rushed trades which caused them to lose so much money and will just ignore whatever opportunity ahead moving forward.

being the loser at the time when we're still so new to trading could also affect whether or not we will make profit moving forward.

it's always better to learn slowly and keeping our capital from big loss and when we get the overall gist of how trading works in general, try to improve capital little by little.
That is true, nobody has to make a profit when they are starting out, if they are making a profit for the time being then that's good enough and they do not need anything more than that, if you want to make a profit for a long long time then you need to study and learn the market. Starting out is hard, and losing money is as normal as making money, when you are a newbie it doesn't matter what you do, the result doesn't matter at all and in the end what matters is that we are going to end up with a greater result if we just keep on learning and becoming better.

If you are not smart about the market and also rush into all of it then you are not going to be happy with the result at all, you are going to end up losing a lot of money without needing to. So this is why just keep on learning and keep on studying and eventually we are going to end up with a return that will be great enough for you to be happy about, that is the way to go for everyone.
full member
Activity: 233
Merit: 759
August 20, 2024, 11:06:49 AM
#25
Rushing in trading is the big mistake for losing money in crypto trading and novice traders make this mistake more than professional traders, they try to double their money in a short time, because they heard from other in trading is the best money making machine, they don't have skill but started trading to rich at overnight but they never make even a successful trade for their rushing trading.

Yes, it is true that beginners make the most mistakes. I would like to say to those new traders, always go forward to gain knowledge instead of running behind making money. Then it is possible to become a successful trader. And now the successful trader always observes himself and trades. And when they succeed, there is real peace. And you can easily double your money. So everyone must first gain knowledge then he will reach the peak of improvement in all aspects.
full member
Activity: 856
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August 20, 2024, 10:19:21 AM
#24
Rushing in trading is the big mistake for losing money in crypto trading and novice traders make this mistake more than professional traders, they try to double their money in a short time, because they heard from other in trading is the best money making machine, they don't have skill but started trading to rich at overnight but they never make even a successful trade for their rushing trading.
hero member
Activity: 1484
Merit: 928
August 18, 2024, 04:18:26 PM
#23
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.
Most people who have joined trading recently are doing it just because they do hear that people are making money from trading, and they also want to be making making money without having a proper understanding of what trading is really about. Some of them don’t even know they can lose when trading, all they have in mind is just to make money, which is completely wrong. So when people like this start trading, they will want to be winning instantly, but they even lack knowledge about trading.

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.
A newbie should first learn about trading, and they should also trade with a small amount of money for the start. If you are a newbie and you have deposited so much money to trade with, don’t be surprised that you are going to lose almost everything to trading.
full member
Activity: 1554
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August 18, 2024, 06:54:17 AM
#22
There are so many newbies that trade in rush making haste decision ended up so bitter about the market because they are traumatized by their rushed trades which caused them to lose so much money and will just ignore whatever opportunity ahead moving forward.

being the loser at the time when we're still so new to trading could also affect whether or not we will make profit moving forward.

it's always better to learn slowly and keeping our capital from big loss and when we get the overall gist of how trading works in general, try to improve capital little by little.

Yes bro, in my opinion we also have to apply things like that before we start trading, gaining knowledge for our own capital first is very important, after we have mastered what is called a strong mentality and extensive patience then continue with trading knowledge. If that's enough, we can start with the smallest capital, then we learn directly in the field to make it stronger, with small capital then start trading little by little while looking for experience and direct knowledge in trading. In my opinion, it's more effective because you can immediately practice while learning more. good again.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
August 17, 2024, 10:09:46 PM
#21
There are so many newbies that trade in rush making haste decision ended up so bitter about the market because they are traumatized by their rushed trades which caused them to lose so much money and will just ignore whatever opportunity ahead moving forward.

being the loser at the time when we're still so new to trading could also affect whether or not we will make profit moving forward.

it's always better to learn slowly and keeping our capital from big loss and when we get the overall gist of how trading works in general, try to improve capital little by little.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
August 17, 2024, 04:35:59 PM
#20
Newbies who decide to trade have only one destination, losing at the end of trading. This is the reason why I don’t suggest trading for newbies because trading is not all about luck but certainly experience and skills, and if you don’t have that, it’s better to just focus on acquiring knowledge and exploring the market through observing those experienced traders. Don’t make trading more hard and complicated, just trade only when you have skills and strategies that will really work in trading in the market. That way, you will minimize losing from the market and have more chances to trade more often.
hero member
Activity: 2100
Merit: 546
Leading Crypto Sports Betting & Casino Platform
August 17, 2024, 01:33:41 PM
#19
We already talk about may things related to this because we all know if we will do decisions in panic then surely we will lose as happening and usually this happening to newbies because they are doing things which are not suitable, and they are not searching or having any data for having things for well understanding newbies usually jumping without any proper way, and they are losing experienced traders are having all things so they never do anything in hurry or having any decision for rush.

But, if someone want to jump into trading then surely he needs to go ahead with solid base and done proper work before having things to needed for good trading in last few months we have too many newbies lost their money due to wrong decisions or having things not well understand before having investment.
full member
Activity: 616
Merit: 191
August 15, 2024, 01:50:46 PM
#18
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 addition to being too hasty, a beginner must also be able to avoid emotions because most human nature wants to quickly cover losses quickly with quick profits but that is what causes us to lose more. So the point is that every beginner must also have good trader psychology such as having patience, and remaining consistent with their own methods. Start from the beginning again like when you first traded, and don't repeat the mistakes that made you lose.

Trading psychology will grow stronger along with the process of falling and getting up again that we experience ourselves, not the theory that we get from others. In other words, trading psychology can only be built when we experience it ourselves in the market.
sr. member
Activity: 294
Merit: 433
HODL - BTC
August 15, 2024, 12:22:20 PM
#17
Being in a hurry because the beginner starts easily in small capital trading because he feels that he has made a profit and then increases the capital and trades again this is like hasty trading, he will not know how difficult it is to trade and this will not be easy if he does not learn.

Trading requires experience, skills, coin analysis, research and many more if this is not mastered, believe me your trading will be difficult because there are many combinations in the skills that must be applied.

As a beginner of course learning is more important, even some people say it takes years to understand everything even though it's not perfect, but with professional traders he said he had experienced many events that made himself a big loss but in the end he chose and trading became profitable for them.
hero member
Activity: 924
Merit: 600
Watch&Pray.
August 15, 2024, 11:45:54 AM
#16
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.
Rushing to teach others about trading when you are a newbie is not good.

My assumption is you are actually a newbie and your member rank truly reflects what you knew of the forum, Bitcoin and cryptocurrency market as well as trading. If you are not an authentic newbie, my assumption is wrong and this opinion is wrong too.

Newbies Stop Teaching When You Need To Learn.

Some people may argue just like they did when I created the topic encouraging newbies to learn first before teaching others, imagine a newbie giving his fellow newbies advice on trading when there's no evidence to back it up will that not be too funny? You may know what you want to teach but being since you are new to where you just got into it is expected that you learn until you get to some certain level before you showcase you knowledge by then you must have had some evidence to back up your teachings.

@OcTradism, good job for remembering him to learn more before teaching others I believe he's going to learn and also work on teaching others what he has learnt as he keeps growing in knowledge and rank.

@Sobz, it is advisable to gain knowledge first before going into any business or investment not just in trading but if you decide to trade when you are not knowledgeable just know that you are gambling and not trading because the aim of every trader is to maximize profit not loss.
hero member
Activity: 868
Merit: 952
August 15, 2024, 10:57:42 AM
#15
If you're still afraid of losing your own money in trading, then it is advisable that you start practicing with the demo opportunity where you could trade the market and not lose any of your personal funds. There are new traders, however, who are financially capable and have some money to lose. They may be okay with practicing trading with their real money using small lot sizes. Some will say it will make them more serious about learning since there is a consciousness that they will lose more of their money if they do not learn properly.

The goal for a new trader should also be about long-term success, and that will come from proper knowledge.

The thing is as a trader you need to find a way to practice first before going into real life trading and that’s where demo accounts come into play, also when trying to master a strategy you can use demo accounts for your set ups but this also had been made easy by platforms that allow backtesting so you don’t need any demo again.

Now to anyone not comfortable to losing money in trading then I don’t think trading entirely is your thing because no matter how you practice demo you will definitely lose money in live trading the only thing is how well you are able to handle those loses that set traders apart. You can never attain that psychology needed to live with your loses if one do not go live.
hero member
Activity: 686
Merit: 987
Give all before death
August 15, 2024, 10:55:31 AM
#14
New traders are losing. That is just the fact.

Do you know the worst part? They may think they know about trading after they have traded some coins and making money from it every time. They will be tempted to double their money or even increase their leverage. Then the loss will begin.

The traders that did not lose too much in the begining are using just little amount of money which is very small.
Your observations are very correct. Some beginners in the trading field don't want to be patient enough to learn the requisite trading skills. They are always in a haste to start trading. Starting with a demo trading account is important, but due to a lack of patience, they want to start making money immediately. Starting trading with a small amount is necessary because beginners are bound to make mistakes.

This has been discussed so many times in this forum and on this board, if you don't understand how to trade and you are new to the concept, then you should not trade. It is wrong to try out trading when you are not so sure of what you are doing. Don't get me wrong, i am not saying people who have been trading for a longer time are guaranteed to make money, no, they lose a lot too; but you stand a better chance succeeding at trading if you learn the skill first.
The virtue called patience is gradually dying. People are mainly attracted to get-rich-quick schemes. Some of these newbies assume that trading is designed to make people rich overnight.
legendary
Activity: 1498
Merit: 1116
Top-tier crypto casino and sportsbook
August 15, 2024, 10:42:20 AM
#13
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.
If you're still afraid of losing your own money in trading, then it is advisable that you start practicing with the demo opportunity where you could trade the market and not lose any of your personal funds. There are new traders, however, who are financially capable and have some money to lose. They may be okay with practicing trading with their real money using small lot sizes. Some will say it will make them more serious about learning since there is a consciousness that they will lose more of their money if they do not learn properly.

The goal for a new trader should also be about long-term success, and that will come from proper knowledge.
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