Failed in trade it's not joke. - page 2.

rby

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Quote from: Iphomme on May 18, 2021, 08:36:50 PM

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.

Trading is not something of risk taking or gambling or throwing the dice and leave your fate for the gods to determine if you will make profit or lose money. If you do not understand trading, you do not understand the charts and you do not have good strategies, you will keep losing money until you are tire. It is better for you to learn about trading very well before you go into trading. Unless you want to be be blowing your portfolio every time.

virasisog

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Quote from: AnonBitCoiner on August 12, 2022, 03:14:10 AM

The main reason of failure of people in trading is that they follow certain strategies for making such a huge money in very less time of period but due to their greed they do not get their aim and become looser in trading. I just recommended that choose some amount of money that is feasible for you to cope with it after a loss but do not be discouraged because it is a part of trading.

The strategy of others isn't always effective for us. We should first familiarize ourselves with every strategy as well as its risks to see if we could personally apply them. Greed could surely ruin our trading journey because it affects our decision making especially if we are not able to control our emotions. It's fine to have losses because that's part of our learning process but we should not always chase after them.

stomachgrowls

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Quote from: abel1337 on August 12, 2022, 02:54:01 PM

Quote from: AnonBitCoiner on August 12, 2022, 03:14:10 AM

The main reason of failure of people in trading is that they follow certain strategies for making such a huge money in very less time of period but due to their greed they do not get their aim and become looser in trading. I just recommended that choose some amount of money that is feasible for you to cope with it after loss but do not be discouraged because it is a part of trading.

Taking up other strategy sometimes worthy depending on the situation. Rushing your trades won't do anything good to you because you are just aiming for fast profits. There are strategies that are good for getting fast profits but it takes some real trading skills to do it and addition to that is the greater risk of the trader losing the trade. It's always a good habit in not going all in on every trading session, Always keep some money for recovery since there are no always win on trading and continues loss happens a lot. It's the same as investing, Don't put all your eggs in one basket.

You should really know on having risk management via diversification and setting out plan B's on which its a must because this market is unpredictable and it is really prone to mistakes thats why setting up

back up plans is always recommendable and its true that getting some ideas from other people and strategies isnt bad and as said by most that this would be a long trial and error where its a must

for you to learn and make yourself even way more better than before for adding up experience.Dont tolerate fails but doesnt mean that you shouldnt accept and realize.

abel1337

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Quote from: AnonBitCoiner on August 12, 2022, 03:14:10 AM

The main reason of failure of people in trading is that they follow certain strategies for making such a huge money in very less time of period but due to their greed they do not get their aim and become looser in trading. I just recommended that choose some amount of money that is feasible for you to cope with it after loss but do not be discouraged because it is a part of trading.

Taking up other strategy sometimes worthy depending on the situation. Rushing your trades won't do anything good to you because you are just aiming for fast profits. There are strategies that are good for getting fast profits but it takes some real trading skills to do it and addition to that is the greater risk of the trader losing the trade. It's always a good habit in not going all in on every trading session, Always keep some money for recovery since there are no always win on trading and continues loss happens a lot. It's the same as investing, Don't put all your eggs in one basket.

ningrum

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Quote from: AnonBitCoiner on August 12, 2022, 03:14:10 AM

The main reason of failure of people in trading is that they follow certain strategies for making such a huge money in very less time of period but due to their greed they do not get their aim and become looser in trading. I just recommended that choose some amount of money that is feasible for you to cope with it after loss but do not be discouraged because it is a part of trading.

To overcome losses in trading, indeed we must prepare reserve funds for recovery,
and my advice is not to trade in futures if you can't analyze it properly,
because futures trading is more terrible than the spot market!

AnonBitCoiner

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The main reason of failure of people in trading is that they follow certain strategies for making such a huge money in very less time of period but due to their greed they do not get their aim and become looser in trading. I just recommended that choose some amount of money that is feasible for you to cope with it after loss but do not be discouraged because it is a part of trading.

Quidat

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Quote from: Findingnemo on August 11, 2022, 11:17:28 AM

Quote from: CryptoHeadlineNews on August 11, 2022, 05:12:04 AM

Quote from: Findingnemo on August 02, 2022, 04:02:02 AM

but its better not quit since the long term trading can be helpful and with just stable coin pairs they can make decent returns with minimal risk from my knowledge.

But at some point it's good to take a break off trading if you observe your strategy is not producing results anymore, to learn and advance on your trading skill instead of struggling with a old strategy that never works, because as time goes by so is the market pattern changing with respect to several factors, which could include government policies, the world economy and e.t.c.
Because one of the qualities of a good trader is the ability to take calculative risk and ever ready to learn new concept

Long term trading is more or like an off from the trading activities, you just buy and wait till 20 or 30% or whatever your desired returns which maybe attained in weeks or may take years so the strategy is simple wait until you make money so there is no frustration, stress and all the others comes with the failed trades can be avoided.

Its your money then its your decision to take because no one really knows on when the price will really be making significant increase.Failures is part of the journey because
no one had been doing trading didnt experience this one and the most important thing is that you do know on making out adjustments basing on what you are dealing with.
This isnt simple though but it wont really be that impossible for you to handle at least the situation.Trading is never a joke nor even losing or failing thats why
you should make yourself prepared everytime.

Bholutefe

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One particular thing am sure of is that no one is born to be a failure, we only try ensuring that it keeps getting better by trying harder over and all over. The best strategy is to learn diligently, loosing a lot of money on trading can be so painful. I have been in such a situation in a couple of times but I always say to myself that whenever I fall, that’s not the end of the race. I keep encouraging myself the more, it can be so faustrating which am so aware of, but I never get tired trying again and again. I believe one day I definitely have better experiences to share.

Findingnemo

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Quote from: CryptoHeadlineNews on August 11, 2022, 05:12:04 AM

Quote from: Findingnemo on August 02, 2022, 04:02:02 AM

but its better not quit since the long term trading can be helpful and with just stable coin pairs they can make decent returns with minimal risk from my knowledge.

But at some point it's good to take a break off trading if you observe your strategy is not producing results anymore, to learn and advance on your trading skill instead of struggling with a old strategy that never works, because as time goes by so is the market pattern changing with respect to several factors, which could include government policies, the world economy and e.t.c.
Because one of the qualities of a good trader is the ability to take calculative risk and ever ready to learn new concept

Long term trading is more or like an off from the trading activities, you just buy and wait till 20 or 30% or whatever your desired returns which maybe attained in weeks or may take years so the strategy is simple wait until you make money so there is no frustration, stress and all the others comes with the failed trades can be avoided.

Mr.right85

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Quote from: CryptoHeadlineNews on August 11, 2022, 05:12:04 AM

Quote from: Findingnemo on August 02, 2022, 04:02:02 AM

but its better not quit since the long term trading can be helpful and with just stable coin pairs they can make decent returns with minimal risk from my knowledge.

But at some point it's good to take a break off trading if you observe your strategy is not producing results anymore, to learn and advance on your trading skill instead of struggling with a old strategy that never works, because as time goes by so is the market pattern changing with respect to several factors, which could include government policies, the world economy and e.t.c.

A concept so many traders never gets to understand and that's how complicated trading could be. Just like the highly volatile market, so does the strategies change to suit its volatile condition.
I might say trading isn't meant for everyone. Because your into crypto doesn't mean you must trade. You can hold and still get to have some good results off your holdings rather than trade it away in search for quick profit. Quick is always dangerous and your always at risk of loosing all quickly too.

When a trading strategy isn't working out an expected result or as usual, you might have to pause, observe for what is changed in the market and come up with something new.

CryptoHeadlineNews

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Quote from: Findingnemo on August 02, 2022, 04:02:02 AM

but its better not quit since the long term trading can be helpful and with just stable coin pairs they can make decent returns with minimal risk from my knowledge.

But at some point it's good to take a break off trading if you observe your strategy is not producing results anymore, to learn and advance on your trading skill instead of struggling with a old strategy that never works, because as time goes by so is the market pattern changing with respect to several factors, which could include government policies, the world economy and e.t.c.
Because one of the qualities of a good trader is the ability to take calculative risk and ever ready to learn new concept

dunfida

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Quote from: maybukaspa on August 10, 2022, 03:35:56 AM

Quote from: Iphomme on May 18, 2021, 08:36:50 PM

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.

Being a risk taker doesn't benefit you all the time, but being flexible is really good. If you know to yourself that the trade your doing is good then go for it. But then if you feel like it ain't gonna do good, don't ever risk it.

Since that you said yourself that you are newbie does being a risk taker will bring you more knowledge? I sincerely suggest instead of being risk taker why not just instead learn the market ? Become more knowledgeable in trading. That'll benefit you more.

But in order to earn profits then you should need to take risk but its true that you should assess the risk level before you do dive in and shouldnt really make out rush decisions because this could result into disaster of
your funds. Trading is never been a joke thing and failing is part of it but majority of people do see it as a negative which it is but lets go to the brighter side that these fails and errors do really make you learn
overtime.Im not saying that you should continue on failing but try out to minimize as possible on which this would really make you a better trader or investor soon.
Just dont rush up and just do on what you do seem is right on different market conditions or situations.

maybukaspa

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Quote from: Iphomme on May 18, 2021, 08:36:50 PM

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.

Being a risk taker doesn't benefit you all the time, but being flexible is really good. If you know to yourself that the trade your doing is good then go for it. But then if you feel like it ain't gonna do good, don't ever risk it.

Since that you said yourself that you are newbie does being a risk taker will bring you more knowledge? I sincerely suggest instead of being risk taker why not just instead learn the market ? Become more knowledgeable in trading. That'll benefit you more.

Digital_Lord

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Start your trading by such a low value that you can afford to lose and if market become in dip so you will be able to recover that money again. The fact is that you will gain knowledge from your own mistake and remember that the coin which you are going to choose should be trustworthy and you have full knowledge about such a coin. Do not lose hope if you fail to get profit and just try again and again.

Findingnemo

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Quote from: Fredomago on August 01, 2022, 09:59:52 AM

Quote from: Findingnemo on July 31, 2022, 02:35:55 PM

Even people who made millions of dollars from scratch has failures so this will teach us the lesson what should not be done in a situation so in future we don't repeat that and gain from it that is how the trading works. When someone just starts even after learning everything they wanted to enter still they may face the failures because its just a part of shaping our trading career so failing in trading is not a joke but keep repeating the same mistake again and again is stupidest thing.

Indeed! if you just keep doing the same mistake over and over, better to quit and not to continue your journey, maybe this venue of investment is not for you. Assess and aim for the betterment if, in case you make a mistake or your position is not favoring the outcome, always remember that there is always time to improve.

Give yourself a tie to enhance and improve your strategy. Finding the right one will soon give you a good result.

Not easy though, but if you are keen to succeed, the chance is always open for you.

Losing in a trade is not a mistake but losing a trade because of a mistake which they actually encountered before but never changed it to a profitable one in the long term then I will say trading may not be for you but its better not quit since the long term trading can be helpful and with just stable coin pairs they can make decent returns with minimal risk from my knowledge.

Fredomago

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Quote from: Findingnemo on July 31, 2022, 02:35:55 PM

Even people who made millions of dollars from scratch has failures so this will teach us the lesson what should not be done in a situation so in future we don't repeat that and gain from it that is how the trading works. When someone just starts even after learning everything they wanted to enter still they may face the failures because its just a part of shaping our trading career so failing in trading is not a joke but keep repeating the same mistake again and again is stupidest thing.

Indeed! if you just keep doing the same mistake over and over, better to quit and not to continue your journey, maybe this venue of investment is not for you. Assess and aim for the betterment if, in case you make a mistake or your position is not favoring the outcome, always remember that there is always time to improve.

Give yourself a tie to enhance and improve your strategy. Finding the right one will soon give you a good result.

Not easy though, but if you are keen to succeed, the chance is always open for you.

Findingnemo

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Bitcoin = Financial freedom

Quote from: sulendra12 on July 28, 2022, 02:57:31 PM

Quote from: Iphomme on May 18, 2021, 08:36:50 PM

Being a traders I'll become flexible and to be risk taker no matter what I've lost in my traded.

Trading wasn't mean to be consistent because of how the market behavior actually looks like and everyday could be different situation for those traders. Being a risk taker sometimes are required if you want to step up your game and probably reach your boundary to get more profit because that's how investment works, it's all about research, risk and luck. Even people they called "pro traders" are sometimes losing their money in unexpected situtations.

Even people who made millions of dollars from scratch has failures so this will teach us the lesson what should not be done in a situation so in future we don't repeat that and gain from it that is how the trading works. When someone just starts even after learning everything they wanted to enter still they may face the failures because its just a part of shaping our trading career so failing in trading is not a joke but keep repeating the same mistake again and again is stupidest thing.

LastKiss

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Quote from: Wakate on July 31, 2022, 03:18:20 AM

I have had so many countless failed trades and most time it is not really our fault because we don't control the market and we don't know the next direction the market may take that is why we are always making an attempt that we all wish would follow the market lead. Trading is not as easy as well the market and is only the traders that know what they are passing through when they enter the market. The market cares about nobody and we can't force it to come out way so let's do our best to get the best outcome.

Yeah since we don't control the market we don't know where it will go but it is different with a low liquidity coin in which only a few people who control its price and many people fall to their scam. Having some fail in trade is a common experience since everyone will have their own fail moment before making them more experienced. Just don't give up and keep learning from what mistakes we did and someday we will achieve more than today/yesterday.

Wakate

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I have had so many countless failed trades and most time it is not really our fault because we don't control the market and we don't know the next direction the market may take that is why we are always making an attempt that we all wish would follow the market lead. Trading is not as easy as well the market and is only the traders that know what they are passing through when they enter the market. The market cares about nobody and we can't force it to come out way so let's do our best to get the best outcome.

Fredomago

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Quote from: virasisog on July 30, 2022, 11:56:27 AM

Trading is a long process of learning. You have to invest time and willingness for you to b able to understand and adopt everything about it. There's no such thing as perfect trade in the beginning and you will definitely experience losses so you have to be ready for it. Just have to courage to be deal with the market's volatility and never get tired of doing research in case you're facing confusion. It will be hard at first but exciting at the same time.

Along the way you will learn the proper setup, you don't need to dwell with losses as it's part of your journey but make sure to learn out from it and keep enhancing your knowledge in order for you to gain compensation and start establishing your system/strategy. There are many failed traders who instead to continue they choose to leave the market and forget about this venue of investment, they are not willing to re-try as the entry is premature, most of them invest due to influence of others who already gain success, better to start doing your DYOR and start with little investment, know how the market works before you go all in with your investment.

Topic: Failed in trade it's not joke. - page 2. (Read 3175 times)