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Topic: Failed in trade it's not joke. - page 10. (Read 3177 times)

sr. member
Activity: 1218
Merit: 279
May 20, 2021, 08:37:38 AM
#20
Believe me, your trading career won't end if you have capital but it will end instantly when you lose all capital.
I have quickly understood this when I was trading before and I got to the point that I was all in loose in my trades, I know if I sell I will loose big time and I decided to leave the trade in dip., at the same time it was an opportunity for me to buy more with new money but I don't have. The lesson, a trader must always have new stable money available in case the market goes dip against him to enable him bag more quantity of coins.
full member
Activity: 1526
Merit: 111
Pepemo.vip
May 20, 2021, 01:58:10 AM
#19
I think you often have to discuss with your friends, how to do the trading strategy. and don't forget you have to practice more in order to get more experience. I think at first a lot of traders are like you, and this is like natural selection, where we have to stay focused on the main goal
member
Activity: 1041
Merit: 25
Trident Protocol | Simple «buy-hold-earn» system!
May 19, 2021, 07:55:08 PM
#18
     Im newbie in trading it is really hard to choose what margins if I will be in high or low margin. Due of not consistent value of the price I've doubt in myself if will learn in trading . One of my friend traders tell me more about trading and he just said to me that I must read more the sequences of trading and observe the graphic.

    Until I learn little thing regards in trading , cause trade it's not a consistent it is just an analysis of us. Being a traders I'll become flexible and to be risk taker no matter what I've lost in my traded.

Sometimes you will learn from your mistake and your experience will be your guide to learn more in trading. It is not easy work because if you don't have knowledge about it you will have a lot of losses. In trading, you need a capital, knowledge, patience and you must be a risky person. Give time to research and figure it out while trading. One day you will find yourself improving.
hero member
Activity: 2842
Merit: 625
May 19, 2021, 07:45:00 PM
#17
Remember the phrase about Rome that it wasn't built in one day. That's the same in trading, you have to build your own empire through thick and thin times because that will make you a better trader in the future.

Being a traders I'll become flexible and to be risk taker no matter what I've lost in my traded.
That's the spirit, don't be scared with losses because it will eventually turn to profit and wins. Just don't be consistent in losing and in every lose, make sure and see to it that you've got something to take such as a lesson.
hero member
Activity: 2926
Merit: 636
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May 19, 2021, 07:25:15 PM
#16
     Im newbie in trading it is really hard to choose what margins if I will be in high or low margin. Due of not consistent value of the price I've doubt in myself if will learn in trading .
If that you were thinking, I could say that you won't succeed. If you wanted to learn trading then ask yourself first if you are willing to do this and to sacrifice your time to understand how trading works. You also have to know that this was not an easy job and the learning process won't just take a single day, a week, or a month, but this gonna be a long-term learning process. As every time you engage in trading IRL, it means that you are learning in the same way.
full member
Activity: 1297
Merit: 126
May 19, 2021, 06:56:14 PM
#15
Don’t trade if you’re still have a limited knowledge, that’s risky especially on volatile market and right now you might be one of those who are panicking and execute a trade on a poor decision. This is indeed not a joke and required a lot of time analyzing the market, I learn trading for one and a half year, so don’t rush yourself and always take time.
sr. member
Activity: 2198
Merit: 347
May 19, 2021, 06:31:26 PM
#14
     Im newbie in trading it is really hard to choose what margins if I will be in high or low margin. Due of not consistent value of the price I've doubt in myself if will learn in trading . One of my friend traders tell me more about trading and he just said to me that I must read more the sequences of trading and observe the graphic.

    Until I learn little thing regards in trading , cause trade it's not a consistent it is just an analysis of us. Being a traders I'll become flexible and to be risk taker no matter what I've lost in my traded.
Take those lost trades as part of your learning and dont get easily discourage and stop trading because of it because its normal and non inevitable thing because there's no such thing about being a perfect trader and when you are just starting into this market then its normal to commit those mistakes due to lack of experience and knowledge and this is where you do get your learning out of those mistakes.
You would be suppressing those things via experience and the knowledge you gained along  the way.Trading is no joke and this isnt something where everybody could deal with.
If you do fail but you do persevere then that what matter most.If you want to be successful then you should do your assignment and do your best.
sr. member
Activity: 1009
Merit: 328
May 19, 2021, 03:26:36 PM
#13
     Im newbie in trading it is really hard to choose what margins if I will be in high or low margin. Due of not consistent value of the price I've doubt in myself if will learn in trading . One of my friend traders tell me more about trading and he just said to me that I must read more the sequences of trading and observe the graphic.

    Until I learn little thing regards in trading , cause trade it's not a consistent it is just an analysis of us. Being a traders I'll become flexible and to be risk taker no matter what I've lost in my traded.
As a trader you really need to consider that losing is a part of it, you cannot become a trader if you never experience losing, losing is really normal specially when you are a newbie and you are still in a learning stage, collecting data searching some good strategy or information about trading etc., this was all not really a joke because it involves money or profit that can posibly loss when you do a wrong move.
hero member
Activity: 2492
Merit: 586
May 19, 2021, 01:03:27 PM
#12
Im newbie in trading it is really hard to choose what margins if I will be in high or low margin. Due of not consistent value of the price I've doubt in myself if will learn in trading . One of my friend traders tell me more about trading and he just said to me that I must read more the sequences of trading and observe the graphic.
If you are not good at predicting the price which I think is where most of us fail, there is no shame in that. There are traders for years who still cannot understand why and how bitcoins rise or drop because the supply and demand theory doesn't always work.

I think the best option for you would be to invest in altcoins where you see some potential because the altcoin market is even riskier if you cannot analyze it properly. If you have the ability to do fundamental and technical analysis then altcoins investment might pay dividends to you. That said, I repeat, it's highly volatile and even scam coins exist so be careful.

Until I learn little thing regards in trading , cause trade it's not a consistent it is just an analysis of us. Being a traders I'll become flexible and to be risk taker no matter what I've lost in my traded.
It's a good mentality to bounce back and be able to take risks even after some loss but make sure you are learning why you lost last time. Doing the same mistake again and again and expecting different results is not going to work in the crypto market.
full member
Activity: 1834
Merit: 166
May 19, 2021, 01:02:15 PM
#11
     Im newbie in trading it is really hard to choose what margins if I will be in high or low margin. Due of not consistent value of the price I've doubt in myself if will learn in trading . One of my friend traders tell me more about trading and he just said to me that I must read more the sequences of trading and observe the graphic.

    Until I learn little thing regards in trading , cause trade it's not a consistent it is just an analysis of us. Being a traders I'll become flexible and to be risk taker no matter what I've lost in my traded.
You can have friendly advice from your friends or relatives in trading but never ever follow them abruptly because without research you are stake of losing your investments at early stage only.Risk taking is essential for big profits but you need to manage them efficiently.If you want to learn trading follow signals and observe charts and try to notice candles which can turn you to profits.Rest experience and your skills will help you a lot in trading field.Guaranteed profits or double your coins is always a scam so be aware of such project's in this volatile and risky market.
legendary
Activity: 2632
Merit: 1212
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May 19, 2021, 12:16:44 PM
#10
Or don't use margin at all. If you have to listen to friends tell you what to do, then you're not ready to trade on your own. Read a lot, but also observe a lot, and in the end put your own money and implement your own strategies.

This is the only "right" way to trade to own your self. It doesn't guarantee profit but at least it satisfies your question of: am I suitable to be a crypto trader?

It's okay if they answer is no too:)
full member
Activity: 1386
Merit: 101
ComboLabs
May 19, 2021, 11:46:03 AM
#9
The only difficulty is to find a broker who is trustfull at this moment.If someone has good advice let me know please.There are enough brokers,bad and a few good ones  but most of them don't do crypto or not a big choise on this..
By broker do you mean an exchange? I don't recall anyone who trade with a broker/third party who executes their order, at least not in retail investors. I don't think you need a broker either to trade crypto.

If an exchange is what you're looking for, it depends on where you live. If Binance is available for you, maybe you can use it right away. Especially for crypto to crypto trading.
for Binance it is a good exchange, because many traders also keep their money there, so there is no problem,
but if you are trading in a market that is not good then your trading is a joke, and your money will be lost, so be careful.
legendary
Activity: 2170
Merit: 1789
May 19, 2021, 07:12:40 AM
#8
The only difficulty is to find a broker who is trustfull at this moment.If someone has good advice let me know please.There are enough brokers,bad and a few good ones  but most of them don't do crypto or not a big choise on this..
By broker do you mean an exchange? I don't recall anyone who trade with a broker/third party who executes their order, at least not in retail investors. I don't think you need a broker either to trade crypto.

If an exchange is what you're looking for, it depends on where you live. If Binance is available for you, maybe you can use it right away. Especially for crypto to crypto trading.
sr. member
Activity: 1988
Merit: 283
May 19, 2021, 06:27:25 AM
#7
Being a traders I'll become flexible and to be risk taker no matter what I've lost in my traded.
nope mate a good trader can prevent risky situation wherein they are not a risk taker, such placing order once it reaches the support even they don't enough information what is the real distination of the growth rate. Its a big mistake.!
because a good trader isn't a risk taker wherein they knew already what will be the outcome once there's a perfect sing of bullish to place order and they just make an estimated price to sell off as well before the price fluctuate more..  So maybe you still need more knowledge because if your not like that you're not a good trader wherein you're nothing, just burning money.
newbie
Activity: 4
Merit: 0
May 19, 2021, 05:37:06 AM
#6
Trading can also be on long timeframe like a year. Don't see it as only gambling.It's not only scalping .Everyone bought crypto and it went  towards the sky..With good indicators we can forecast a fall ..So ... As I was saying i've made no progress on forex but crypto's are a better way cause indicators react more reliable on it .Not to many spikes. It's my experience the last month since I started with it.. 90% profit doesn't lie..The only thing is to find a good broker .. The ones who makes big adv. are the mostly greedy.. Overnight cost are ridiculously high .Also other fees....
sr. member
Activity: 2772
Merit: 357
Eloncoin.org - Mars, here we come!
May 19, 2021, 04:47:06 AM
#5
     Im newbie in trading it is really hard to choose what margins if I will be in high or low margin. Due of not consistent value of the price I've doubt in myself if will learn in trading . One of my friend traders tell me more about trading and he just said to me that I must read more the sequences of trading and observe the graphic.
Doubting ourself in early stages will never bring us anything favoring and Trading crypto damn man this is the Riskiest thing in the world , But this is also the most profitable of them all so best to try it best or not.
Quote
    Until I learn little thing regards in trading , cause trade it's not a consistent it is just an analysis of us. Being a traders I'll become flexible and to be risk taker no matter what I've lost in my traded.
This is what we had learned from our Trading experiences and also you are good to adjust that soon while others took a lifetime to understandt this.
legendary
Activity: 3500
Merit: 6205
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May 19, 2021, 02:42:20 AM
#4
Until I learn little thing regards in trading

Since what you are trying to do is closer to gambling than to trading, I advise you do this only with tiny amounts of money. Maybe turning to altcoins for start could be a good idea too (because smaller amounts are usually allowed there).
But you have to learn TA. You have to learn to understand the potential behind every news. You have to learn about stop loss. And only afterwards you'll say that you're accumulating experience. Now you don't. That's not learning of something useful.

Sorry if it sounds harsh, but I mean good. I've been in that boat, shortly, many years ago when the things were easier. Now the risk is too big and the competition from bots and more experienced traders is quite big.
hero member
Activity: 1722
Merit: 801
May 19, 2021, 02:29:01 AM
#3
Until I learn little thing regards in trading , cause trade it's not a consistent it is just an analysis of us. Being a traders I'll become flexible and to be risk taker no matter what I've lost in my traded.
Traders don't have to be risk takers. If you are a good trader, you will manage risk of your orders. If you see big prob for risk rather than big prob for profit, you won't make your orders.

Every trader has to have loss in trading career but if you don't lose all your capital, you will be able to fix your mistakes.

Don't gamble and being a risk taker, if you bet and take risk, you will lose your capital. Believe me, your trading career won't end if you have capital but it will end instantly when you lose all capital.
newbie
Activity: 4
Merit: 0
May 19, 2021, 02:28:34 AM
#2
I'm new here so hello to everyone . I'm a trader for 6 years now.Lost money with forex .Started again few months ago with a demo so no real money.But now only crypto .I have a win rate of 90 % now with my tradingstrategy .It's the same strategy I used on forex but crypto is much reliable on this.The only difficulty is to find a broker who is trustfull at this moment.If someone has good advice let me know please.There are enough brokers,bad and a few good ones  but most of them don't do crypto or not a big choise on this..
member
Activity: 69
Merit: 12
May 18, 2021, 08:36:50 PM
#1
     Im newbie in trading it is really hard to choose what margins if I will be in high or low margin. Due of not consistent value of the price I've doubt in myself if will learn in trading . One of my friend traders tell me more about trading and he just said to me that I must read more the sequences of trading and observe the graphic.

    Until I learn little thing regards in trading , cause trade it's not a consistent it is just an analysis of us. Being a traders I'll become flexible and to be risk taker no matter what I've lost in my traded.
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