I agree that in trading use capital that we can afford to lose. Because trading is not as easy as we imagine, the risk is very high.
Sometimes the market can change drastically and this can make us lose money. Indeed, by trading we can make profit up to with
1000x, but that is not easy to achieve. Good analytical skills are needed, so first improve our analytical skills.By increasing practice.
Topic: Don't trade what you can't risk loosing - page 9. (Read 1758 times)
People are getting quiet on this advice in cryptocurrency cause the greedier you are in good crypto project the higher the reward/profit. The greater challenging thing is the time to take profit, patience is require in cryptocurrency. It is a not get-in and get-out investment, similar to stocks but have higher security. Every successful man had the gut for risk and we just need to learn to take risk with enough information
You failed to mention that it is a two-way trip. Being greedy might either be your doom or win. In most cases, being greedy gets you doomed. This is why, it is essential for one to have their emotions in check (greed, excitement etc). I know a guy who didn't sell his Pundi X stash for about $187K but kept it while hoping for the total worth to reach $174K. It kept going down and down.
People are getting quiet on this advice in cryptocurrency cause the greedier you are in good crypto project the higher the reward/profit. The greater challenging thing is the time to take profit, patience is require in cryptocurrency. It is a not get-in and get-out investment, similar to stocks but have higher security. Every successful man had the gut for risk and we just need to learn to take risk with enough information
Therefore, taking risks sometimes and may be required by anyone if you want to achieve success, because with the courage to take risks then at least we will be more serious and disciplined in many ways before starting and ready to wait longer when the market suddenly collapses due to the situation which is unpredictable like this year. So, I believe that taking risks is indeed necessary, because if you only go according to your comfort zone, then in the end the steps will be difficult for us to achieve success. When traders turn greedy or in rush to recover their previous losses, they will not be listening to the suggestions to trade small amount of money and also not think about testing their trading methods.
Instead of facing losses without testing trading strategies, I believe it would be much better when we are making small profits out of small capital. Emotion control must be more important for everyone to become successful trader but unfortunately I'm seeing most traders are not a all having enough patience and discipline and this is the reason they are simply facing continuous losses.
Traders enter into markets with predetermined goals which must be one of the reason why they are unable to follow all the prescribed way of trading. It means that they are in a race which makes them unable to follow all the basics. I guess they must leave off their aggressiveness so that they could focus on basics.Instead of facing losses without testing trading strategies, I believe it would be much better when we are making small profits out of small capital. Emotion control must be more important for everyone to become successful trader but unfortunately I'm seeing most traders are not a all having enough patience and discipline and this is the reason they are simply facing continuous losses.
Strictly following the basics of trading is most important one for ensuring success in trading. When we are missing out basics then losses will become inevitable.
I think that is the critical point that many traders lose a lot before making money. Why don't we start with small amounts of money to test our trading methods?
I know that with a small amount of capital, we will be discouraged in trading, because of the time we spend a lot but the return is very small. But it is a very necessary time to practice the patience and discipline of a successful trader in the future. Those who can patiently spend a lot of time on this will surely make a lot of money in the future.
When traders turn greedy or in rush to recover their previous losses, they will not be listening to the suggestions to trade small amount of money and also not think about testing their trading methods.I know that with a small amount of capital, we will be discouraged in trading, because of the time we spend a lot but the return is very small. But it is a very necessary time to practice the patience and discipline of a successful trader in the future. Those who can patiently spend a lot of time on this will surely make a lot of money in the future.
Instead of facing losses without testing trading strategies, I believe it would be much better when we are making small profits out of small capital. Emotion control must be more important for everyone to become successful trader but unfortunately I'm seeing most traders are not a all having enough patience and discipline and this is the reason they are simply facing continuous losses.
People are getting quiet on this advice in cryptocurrency cause the greedier you are in good crypto project the higher the reward/profit. The greater challenging thing is the time to take profit, patience is require in cryptocurrency. It is a not get-in and get-out investment, similar to stocks but have higher security. Every successful man had the gut for risk and we just need to learn to take risk with enough information
If we want to succeed in trading, always follow the basic rules in trading. One of them uses capital that we can afford to lose.
Very true if you can't risk loosing better don't trade. Just hold all the capital you have, so the risk becomes very small. Even
though we know that trading can produce 1000x, but the risk is huge. Trading only for people who are ready to face risks,
such as professional traders who already understand the risks when trading.
Very few people actually follow that advice because as we know you need a significant amount of money as your starting capital because even if you are the best trader in the world if your capital is too small you will never make significant profits, so most people find themselves compelled to invest money in the market they cannot afford to lose thinking that making profits in the markets is going to be somewhat easy when we know that is not true at all.Very true if you can't risk loosing better don't trade. Just hold all the capital you have, so the risk becomes very small. Even
though we know that trading can produce 1000x, but the risk is huge. Trading only for people who are ready to face risks,
such as professional traders who already understand the risks when trading.
I know that with a small amount of capital, we will be discouraged in trading, because of the time we spend a lot but the return is very small. But it is a very necessary time to practice the patience and discipline of a successful trader in the future. Those who can patiently spend a lot of time on this will surely make a lot of money in the future.
If we want to succeed in trading, always follow the basic rules in trading. One of them uses capital that we can afford to lose.
Very true if you can't risk loosing better don't trade. Just hold all the capital you have, so the risk becomes very small. Even
though we know that trading can produce 1000x, but the risk is huge. Trading only for people who are ready to face risks,
such as professional traders who already understand the risks when trading.
Very few people actually follow that advice because as we know you need a significant amount of money as your starting capital because even if you are the best trader in the world if your capital is too small you will never make significant profits, so most people find themselves compelled to invest money in the market they cannot afford to lose thinking that making profits in the markets is going to be somewhat easy when we know that is not true at all. Very true if you can't risk loosing better don't trade. Just hold all the capital you have, so the risk becomes very small. Even
though we know that trading can produce 1000x, but the risk is huge. Trading only for people who are ready to face risks,
such as professional traders who already understand the risks when trading.
In business you should always do business with confidence in yourself Trusting in other people is actually very harmful They are often misinformed There is a risk involved in doing business be aware of the risks and move forward.
You should be pretty aware of that as in business it's all about strategy and your ability to manage the risk, and also you need to ensure that you can afford what you risk as in business or investing success is never guaranteed.The best way to make money easily from trading is to analyze trading charts well.
The best way for traders to make money but it does not also mean easy money or guaranteed profit as it all depends on your capability as a trader. Some trader succeed, while some failed.
Trading is also about learning and self-control on your daily trade transaction and orders. We should be careful in making orders and I recommend making a list all of every trade movements so that we can know what are the process of our trades. It's helps us to determine our losses and gained.
Yes, trading is all about being perfect in all possible activities. Trading is not just about learning and self-control alone because it is also about how much that you are ready to take risk because you cannot expect market to react on your favor all the times. Learning and being disinclined may remain good only up to some level until market is turning into unexpected movements.But when some unexpected news happens then unexpected spikes may occur in markets then you may need to face unexpected losses. When you are not ready about risking like this then your knowledge and being discipline will not help to sustain in that same markets so that you will get chances to recover your losses. I mean risk management is very essential and this is what about that OP is trying to enlighten us.
In business you should always do business with confidence in yourself Trusting in other people is actually very harmful They are often misinformed There is a risk involved in doing business be aware of the risks and move forward. The best way to make money easily from trading is to analyze trading charts well.
Trading is also a great way to earn, but believe me there are so many people around that also loss on it.That is why we need to be more practical on trading because not all the time we can gain a profit on it. Even the most experienced trader will also loss on it so if you dont wanted to loss or gain in a risky way you must find another option because trading is really risky.
Yes, there's always a big possibility if you will not take it seriously you will lose a lot of money. Trading is also about learning and self-control on your daily trade transaction and orders. We should be careful in making orders and I recommend making a list all of every trade movements so that we can know what are the process of our trades. It's helps us to determine our losses and gained. In what OP said, this guy and not only this guy should learn about his mistake but also for us not to trust people especially in dealing our own money.
I totally agree with you as the whole cryptocurrency market is associated with great risk. Many people who have little knowledge about the concept of cryptocurrency and blockchain have attributed the entire cryptocurrency market to some sort of gambling investment option due those risk. Most of the times, it seems the outside world do conceived the cryptocurrency market wrongly by assuming it to be some sort of place where you can easily make X1000 of your investment without any risk and when they burn out, they start calling the market sort of names forgetting to take responsibility for their actions.
I agree, Trading is risky not only trading but buying wrong altcoins can lose huge amount of money as well. That's its important that we also learn something about trading and investing to minimize risks.
You are right, cryptocurrency buying is risky too, whether these are right or wrong investment, although both aren’t same thing. Coins will gradually lose if market will go decline. Without learning there no way to make profit from trading/coins investment. It’s can not be control who will treated it’s a gambling, experienced traders will made small/decent profit.
First of all we have own decision so what ever you choose it's our fault if we do mistake let say they have friend who introduce the crypto and he is not responsible for any damage or losing you experinced. Don't blame others because it's depends to a person if they do or they ignore. People want to share the opportunity they have so be thankful to them and be responsible for the money you use .
Risk is always present because if theres no risk then theres no profit that we can make.This is why experience and skills would be crucial
To handle volatility of market better, we must need to experience similar situation at least once so that we will not get panic on facing unexpected market movements. Yes, this is what all about experience in trading and when you're gaining experience you can sharpen your skills required for better trading at the same time regardless of how good you are when learning from books. I mean everyone must have to struggle with unexpected market fluctuations at least once so that they can make use of those experience for their rest of life in trading.we know that dealing with volatile market is never been easy but somehow can really be handled out when you've gain enough info and exp on how thing goes.
Not easy only when we are new to market fluctuations and I believe that all the professional traders must be loving fluctuating market conditions so that they can make more profits out of every swing. 
Experienced traders knows how to manage as time already enhanced both their skills and understanding they are capable in choosing when to risk their money and when to back out. Trading depends as always with the knowledge that you've got from the industry, the more you understand the the more you take bigger risk. Anticipation and speculations both depends from how you already experienced previous waves and how you choose to take the ride.
I agree that experience must be playing vital role in deciding the outcome of crypto trading. Because, I'm seeing a lot of newbie traders are sharing about their losses in crypto trading whereas experienced traders are simply manipulating the entire crypto market on their own directions.At the same time we cannot ignore the fact that all the traders are newbie when they start with. It means when we are not having sufficient experience in handling different fluctuations of market, it will be highly recommended to risk only very low capital. This way we can gain experience and start accumulating profits in slow mode but in progressive way as well.
Nothing starts to be pro and we do really start from scratch and losing is an inevitable thing that all traders would experience.The mistake on here is that most noobs do directly use huge amounts of money
when they are just starting up, in result they've been burned and some of them turn their back and some do withstand such challenge and proceed to go further and learn even more.
Risk is always present because if theres no risk then theres no profit that we can make.This is why experience and skills would be crucial because we know that dealing with volatile
market is never been easy but somehow can really be handled out when you've gain enough info and exp on how thing goes.
People just want to get out of this risky situation we are all in where just one time of missing payment could cripple our economy all together. Right now, thankfully I am still working but if I get fired today, I will not be able to find a job because of corona as well, which means I am going to be starving for the next 3-4 months at best, I will probably make a debt and put it all on my credit card and going to have trouble, but even with that when I finally find a job after corona I will have to work to pay these months debts first, and by that time I will be in deep trouble again if I get fired. People are trying to get away from that, take their own freedom and that causes them to make silly moves like putting money they can't afford to lose to bitcoin.
Pathetic, how people will feel in such a horrible situation. I understand the aspect, why people may be forced to risk all (All in). It could be that they lost their job, or like you said, being in debt for months. It's a bad time to lose a job. Just like me in the e-commerce niche, nothing moves now. Every work I did from 2018 to 2020 has been bridged because of the pandemic. How I'm surviving is through some local reselling of goods, that provides little income. I can pay for light and internet bills. But I believe that if I can endure the bad times, I will see the good time. Things are rough expecially in the third world countries, although we are lucky the pandemic didn't hit us hard like the first world countries. For sure brother, you won't get fired. With time 2020 will be a better year for us and for Bitcoin.
Experienced traders knows how to manage as time already enhanced both their skills and understanding they are capable in choosing when to risk their money and when to back out. Trading depends as always with the knowledge that you've got from the industry, the more you understand the the more you take bigger risk. Anticipation and speculations both depends from how you already experienced previous waves and how you choose to take the ride.
I agree that experience must be playing vital role in deciding the outcome of crypto trading. Because, I'm seeing a lot of newbie traders are sharing about their losses in crypto trading whereas experienced traders are simply manipulating the entire crypto market on their own directions.At the same time we cannot ignore the fact that all the traders are newbie when they start with. It means when we are not having sufficient experience in handling different fluctuations of market, it will be highly recommended to risk only very low capital. This way we can gain experience and start accumulating profits in slow mode but in progressive way as well.
Many traders are fools they only say that they are managing risks but in reality they wont , risk takers follow there systems with discipline other traders are fools who do not see risk side of trades and F**k there money
In any case, everything always depends on experience. There are people who intentionally lie thinking that by doing so they increase their significance, and there are people who are naturally mistaken because they have rather limited experience that does not allow them to look wider. Over time, an understanding comes to a person, depending on the amount of misses, an understanding of the risks.
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