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Topic: Failed in trade it's not joke. - page 4. (Read 3177 times)

member
Activity: 686
Merit: 21
July 25, 2022, 06:34:14 PM
It is not possible to trade without risk you should not give up if you have failed success is possible only by overcoming failure. Properly analyzing the market where the loss has occurred the next step is to avoid the wrong time follow the trading time trends that will not hurt you looking at the upside so really fruitful bull market a trader must survive the stocks in which the price is likely to rise the stock prices are likely to fall during the bear market on the upside attempt to identify.
No trading that does not required a lot of understanding risk so therefore threading is totally made up of take so if you're not a risk taker that is no way you can survive or progress into cryptocurrency because trading of cryptocurrency is full of profit and again which is lost so whoever that is into threading have a mind that one day it will loss it money and some time to it will lose little money. The assurance of making money from trading it's not really clear or okay
sr. member
Activity: 1414
Merit: 435
duelbits.com
July 24, 2022, 07:39:01 PM
everyone who trades and invests I think has experienced failure or loss. not according to the expected plan I'm sure it's normal.
therefore, some people who already have good experience in trading, make some backup planning. it's like rearranging our investment or trading plans.
Agree. It is impossible to trade and invest perfectly, without failure. Everyone should ever make a mistake and experience loss. Sometimes the loss or failure is caused by the wrong strategy in investment/trading, or an unpredictable dump/drop. It is simply difficult to avoid because crypto market is very volatile and easily changed if there is a hot issue or news. What we can do is take a lesson from the failure/loss, so we can have a better strategy/plan to trade/invest in the future.

legendary
Activity: 2394
Merit: 1848
Leading Crypto Sports Betting & Casino Platform
July 24, 2022, 06:31:05 PM
if we're always successful there's no joy in it.

there will not even be any improvement in this self or our skills in a trade.

everyone who trades and invests I think has experienced failure or loss. not according to the expected plan I'm sure it's normal.
therefore, some people who already have good experience in trading, make some backup planning. it's like rearranging our investment or trading plans.
Yes, in fact when I was starting to trade, I was always afraid of losing, and when I lost I was embarrassed to say or affirm it, but this was because of social networks, because social networks tend to fill one's mind with good things, that traders never lose, that they are millionaires, that they have the latest model cars and many more things, know that they are setups, it is very normal for one as a trader to lose, but to know why he lost, that is very important because This is the only way to learn much more.
hero member
Activity: 1820
Merit: 537
July 04, 2022, 12:52:30 PM
Quote
We all have failed many times in trading and we should not look it like failing is not part of the struggles. Even the famous traders that we know now have failed in different occasions. I thinking failing do make us struggle more with more quest to learn more so we can earn more. Lets take the pain and get what we want without looking back.

I agree with you, because some of the potential traders has experienced many losses from many projects in the community but they still remain strong and learned more that made them who they are today in profits making. As a newbies, never allow your failures to allow you to quit trading because they are part of some of the things you need to pass through before you can become a professional in profits making. Now that we are in bearish market, it's not advisable for anyone to sell at this point, because the market price is not looking good for anyone to make a good profit.

You can't do trading perfectly in just a glimpse of an eye. Trading is too broad and will take a lot of time for you to adapt and learn everything about it. You will surely experience lots of losses and failures but things should not end there. Those mistakes must serve as a lesson for you to be a better trader. Some mistakes are meant to teach us and we better take trading failures as a challenge. As long as we're learning then we should move forward and strive and try to make more profit through our own strategies.
hero member
Activity: 826
Merit: 583
Bons.io Telegram Casino
July 04, 2022, 12:38:01 PM
if we're always successful there's no joy in it.

there will not even be any improvement in this self or our skills in a trade.

everyone who trades and invests I think has experienced failure or loss. not according to the expected plan I'm sure it's normal.
therefore, some people who already have good experience in trading, make some backup planning. it's like rearranging our investment or trading plans.
full member
Activity: 1974
Merit: 147
July 04, 2022, 09:45:01 AM
Quote
We all have failed many times in trading and we should not look it like failing is not part of the struggles. Even the famous traders that we know now have failed in different occasions. I thinking failing do make us struggle more with more quest to learn more so we can earn more. Lets take the pain and get what we want without looking back.

I agree with you, because some of the potential traders has experienced many losses from many projects in the community but they still remain strong and learned more that made them who they are today in profits making. As a newbies, never allow your failures to allow you to quit trading because they are part of some of the things you need to pass through before you can become a professional in profits making. Now that we are in bearish market, it's not advisable for anyone to sell at this point, because the market price is not looking good for anyone to make a good profits.
member
Activity: 812
Merit: 13
Crypto bookmaker and casino
July 04, 2022, 09:16:23 AM
We all have failed many times in trading and we should not look it like failing is not part of the struggles. Even the famous traders that we know now have failed in different occasions. I thinking failing do make us struggle more with more quest to learn more so we can earn more. Lets take the pain and get what we want without looking back.
member
Activity: 840
Merit: 23
July 04, 2022, 07:44:53 AM
A good trader don't just take careless risk rather their risks are wise decisions from a valid prediction of price movement. Margin trading is the worst form of risk for a beginner trader because no matter how confident such trader might feel their chances their greed level have not been dealt with yet. At most starting with your own funds then over time having built enough discipline margin trading can be considered that is if it is necessary at all
member
Activity: 770
Merit: 13
July 04, 2022, 04:04:14 AM
Trading involves risk; the greatest risk is taking none at all. You must take chances if you want to succeed in life. My first trading experience was not enjoyable because I lost a lot and was on the verge of giving up. I was the one who created this harm because I preferred to handle things independently.
Finally, I'm learning it from a friend, and I'm doing so gently right now.
hero member
Activity: 2856
Merit: 794
I am terrible at Fantasy Football!!!
June 21, 2021, 11:23:06 AM
Common newbie problem but they;; soon realize that the thing that they had done was suicide because touchingleverage when you are just a newbie is really like playing with fire.

Failures in trading is common even with the most professional into this industry where failing trades cant really be avoided due to unpredictability of the market.

Its not a joke but somewhat it can really be handled out well if you do know on what you are doing.Stick with the plan and always set out back up once a strategy had already been failed then try for another one.
I would even argue that using leverage even when you are a winning trader can be a mistake as it is a completely different beast to trade the market of cryptocurrencies when using leverage, I could understand those that are making use of leverage in the stock market that does not move as much, but here where the market can move more than 10% in either direction in a single day or even less then there is no point of using leverage and you are just adding unnecessary risk.
sr. member
Activity: 1414
Merit: 326
June 21, 2021, 09:15:12 AM
It is not possible to trade without risk you should not give up if you have failed success is possible only by overcoming failure. Properly analyzing the market where the loss has occurred the next step is to avoid the wrong time follow the trading time trends that will not hurt you looking at the upside so really fruitful bull market a trader must survive the stocks in which the price is likely to rise the stock prices are likely to fall during the bear market on the upside attempt to identify.
hero member
Activity: 1288
Merit: 504
June 21, 2021, 05:04:31 AM
We can not eliminate the risk of trading but we can only possible to reduce it by using risk management.
You can't be a successful trader without first being a risk taker. Its just doesn't work that way because, every position in the charts or market carries with it a certain degree of risk. It might move a few pips against you at first but could soon rally back up in profit. Mind you, trading is 90% analysis, analysis that could be always wrong and could be very regretful but in that, you gain experience on a lose.
How you take it determines if you'll be back trading or not especially, when the lose is huge. You keep coming back each time you fail and doing as much as you can to avoid previous mistakes is what counts. Get acquinted with a strategy, build up a risk management strategy and you might have a good shot at trading.
sr. member
Activity: 2450
Merit: 329
June 21, 2021, 04:58:10 AM
we must have the courage to introspect with the mistakes we have made, whether it is our skills or psychology that must be corrected. every trader will definitely make mistakes, but the most important thing is whether we will give up and leave the market with the defeat? Good traders will always learn from mistakes and convert them into good results later.
It is also important to not take life and trading as a game either where a loss starts looking to you like a defeat. It is important you try and make a profit but if trading is not working for you there should be no shame in accepting the fact and moving on, instead of overthinking about the defeat and trying new strategies to recover from the loss and come out victorious.

Not everyone can earn from trading just like not everyone can play the same sport because we all are different from each other in some ways which mean we have different abilities and skills.

Try and correct or improve on the mistakes you made in previous trades, if still you are making news mistakes every time or making the same ones despite knowing them, then simply avoid trading before the loss is too much to quit trading.
full member
Activity: 644
Merit: 101
June 21, 2021, 01:31:04 AM
We can not eliminate the risk of trading but we can only possible to reduce it by using risk management. According to my experienced in margin trading, i failed because make too high target monthly profit so i use high leverage and high lot transaction too, and second one is I did scalping trading, this is other mistake that many traders been loss money from it, because scalping is more risky than swing trading. Avoid greedy in trading and make target profit monthly about 10%-20% and patient to compounding it for 1 or 2 years. That will be promising huge profit.
legendary
Activity: 2674
Merit: 1208
Once a man, twice a child!
June 20, 2021, 06:01:45 PM
People think that crypto trading is so easy, it's like buying at dips and selling at high.
You're absolutely right! In fact, it's now a cliché to even advise anyone to buy at a dip and then sell at high because it really makes no much sense. Anyone can offer that advice without knowing jack about trading. The point I'm labouring to make here is that no one really knows where the dips or highs are. We merely speculate.

I am a HODLer not a trader since I lost every time I trade.
A hodler is also a trader but a position trader (a long term trader).

Trading is an art and anyone trying to do that must learn it before. If you are new to trading and jump with high capital then you are deemed to lose. Always start with small investment.
Again, you're absolutely correct! I'm an apostle of "learn the prerequisite skill sets for trading before venturing into it "
sr. member
Activity: 951
Merit: 250
June 18, 2021, 07:59:58 AM
There is no doubt that leverage can give you a massive amount of profit IF you are trading in the correct way. But if you are trading in a wrong way, chance you will lose a huge a mount of money or make your balance liquidated. So better stay away from them.

     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.
sr. member
Activity: 1666
Merit: 267
June 18, 2021, 06:53:47 AM
mistakes in trading are commonplace, and can be a lesson for a person himself, if he can accept it,
if not then mistakes are mistakes and indeed not a joke, there is nothing more than that,
mistakes always have a source, and the source we must admit, is it from ourselves, or does it come from other people?
everyone can make this mistake, even an expert with years experience . taking lesson from this mistake will lead us to be better, no more same mistake in future and our knowledge will growth alot. usually they make this mistake due their own , and common reason is uncontrolled emotion.
Very true and obviously everyone has made mistakes and that for me is something natural,
with the mistakes we make, of course we can learn from these mistakes,
so that in the future we will understand and not repeat the mistake

It's true to make mistakes when trading is common, so there's no need to panic and worry if we make mistakes when trading.
Even professional traders make mistakes several times, the most important thing is that we don't repeat the mistakes we have made.
Maybe without making mistakes we will not become successful traders, by making mistakes when trading, then we better understand
how to make a profit in trading.
full member
Activity: 1610
Merit: 103
The OGz Club
June 18, 2021, 06:30:55 AM
mistakes in trading are commonplace, and can be a lesson for a person himself, if he can accept it,
if not then mistakes are mistakes and indeed not a joke, there is nothing more than that,
mistakes always have a source, and the source we must admit, is it from ourselves, or does it come from other people?
everyone can make this mistake, even an expert with years experience . taking lesson from this mistake will lead us to be better, no more same mistake in future and our knowledge will growth alot. usually they make this mistake due their own , and common reason is uncontrolled emotion.
Very true and obviously everyone has made mistakes and that for me is something natural,
with the mistakes we make, of course we can learn from these mistakes,
so that in the future we will understand and not repeat the mistake
full member
Activity: 1386
Merit: 101
ComboLabs
June 17, 2021, 07:47:36 PM
mistakes in trading are commonplace, and can be a lesson for a person himself, if he can accept it,
if not then mistakes are mistakes and indeed not a joke, there is nothing more than that,
mistakes always have a source, and the source we must admit, is it from ourselves, or does it come from other people?
legendary
Activity: 2954
Merit: 1050
Leading Crypto Sports Betting & Casino Platform
June 17, 2021, 02:26:16 PM

Some traders wanted shortcuts and they want a quick and easy market returns that is why they don't bother themselves nor learning those stuff but only to disregard them.
And those types of traders are the one who keep losing their money most of the time, if you are basing your participationonly with luck the chance is to slim for you to success from this venue of investment.

Quote
Ain't surprising that many had failed and suffer losses because it was their doing and its fault in the first place.
Not ready or rushing things out, they are just been allure by those sweet promises that they've seen from those influencers.

Quote
That probably losing is not a joke and to work it hard and reach our goal will it make sense in the end, not full of regrets.

If you focus yourself and take things seriously, the chance to improve your trading strategy will help you to find the right system.
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