Topic: Failed in trade it's not joke. - page 7. (Read 3175 times)
legendary
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It is most advisable that every newbie in crypto or Forex trading start with a demo account, I once was a Forex trader and I started with demo, in demo, one get to learn everything about trading before going into a live account, some advanced crypto exchanges today now offer demo trading, as a newbie, you can open a demo trading account and practice advance trading with it for atleast 3 months before advancing to main/live account, this will help you tremendously, as you will get to know how to use margins effectively, know what right leverages to use at a give period or some market circumstances, know how to effectively use stop losses as well as knowledge of how to do technical analysis and reading charts, all this and more are what a professional trader should have a good degree of knowledge of for a profitable and comfortable trades.
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..
I don't think it's called brokers when it comes to crypto, I would say an exchange instead, either way not important! If you are planning to trade I would recommend Binance, it's the only one have used and it's very easy to understand, you can set buy and sell orders!! So you don't miss out on profits
If you still want that forex meta trader feel, a friend recommended Tabtrader, enjoy
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..
In doing crypto trading you don't need to look for broker for you to do trade in the platform exchange.
This is not like Forex and that is too much obvious right? Just be aware that here in cryptocurrency trading
you need to be willing to take risk whatever may happen every time you do trade. Because if you don't and not ready
to take risk, therefore you are not suitable to stay here for long.
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.
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.
dare to take risks will be your valuable learning experience...
Trading does not only discuss theory, many do not want to hone their skills by practicing live trading. If you are afraid of losing your money while trading then don't trade, trading is only profitable if it is done by those who can control their emotions and thoughts.
As long as you are in trading, you can never see safety assurance here and there is no such thing to find in the crypto world. I think nobody has ever suffered losses but all of us but if we take this seriously, we only got wrecked.
Please don't ever think that if we lose this time, we never have to lose again. No, we can still be losing again especially when we are too careless and we don't work properly on our trades. Have it focus and enhance our knowledge and skills as they are the helping tools to help it out.
Please don't ever think that if we lose this time, we never have to lose again. No, we can still be losing again especially when we are too careless and we don't work properly on our trades. Have it focus and enhance our knowledge and skills as they are the helping tools to help it out.
exactly right! losing in this market is not a one-time deal. even these so-called crypto experts or trading experts can lose again and again. a lot of us will experience losing again but we can always minimize our losses by applying what we have learned during all those years in trading.
in this market, you always need to be on top of things. otherwise, you will lose a lot that may significantly affect your financial aspect, as well as your mental well-being. if you are not careful, you will lose yourself in this market. you always need to remind yourself about your goals on why you are in this market and not be gravely affected by what is happening in your portfolio.
As long as you are in trading, you can never see safety assurance here and there is no such thing to find in the crypto world. I think nobody has ever suffered losses but all of us but if we take this seriously, we only got wrecked.
Please don't ever think that if we lose this time, we never have to lose again. No, we can still be losing again especially when we are too careless and we don't work properly on our trades. Have it focus and enhance our knowledge and skills as they are the helping tools to help it out.
Please don't ever think that if we lose this time, we never have to lose again. No, we can still be losing again especially when we are too careless and we don't work properly on our trades. Have it focus and enhance our knowledge and skills as they are the helping tools to help it out.
The main thing in trading is when we lose, it is always less than when we make a profit. And to avoid margin call in trading leverage, for the better always use only 1% of your trading balance for each trade. We cannot avoid losses, but we can minimize losses by always using stop loss, trailling stop and other money management. Make profit from Trading is about how to make the probability of profit is higher than losses.
I don't know if that works in real life because what happens to me is that I lose more money in trading than profit. That is sometimes I think that this place isn't for me, I quitted sometimes but I just come back with good results that is why I stay in trading again. I know we have the same goal in trading and that is to gain more but we can't dictate the market just to be in favor of us. Whether we like it or not, losses could still be there and always happening as it adds life to trading. It can never be challenging if we don't suffer losses, IMO.
Fails or mistakes in trading is inevitable and this is why people shouldnt really be mindful on how to make out perfect and profitable trades because it isnt just possible to do so.
Thing here is that you do know on how to handle out yourself in times like this and pursue out and make out goals and targets into your trading.
The main thing in trading is when we lose, it is always less than when we make a profit. And to avoid margin call in trading leverage, for the better always use only 1% of your trading balance for each trade. We cannot avoid losses, but we can minimize losses by always using stop loss, trailling stop and other money management. Make profit from Trading is about how to make the probability of profit is higher than losses.
I don't know if that works in real life because what happens to me is that I lose more money in trading than profit. That is sometimes I think that this place isn't for me, I quitted sometimes but I just come back with good results that is why I stay in trading again. I know we have the same goal in trading and that is to gain more but we can't dictate the market just to be in favor of us. Whether we like it or not, losses could still be there and always happening as it adds life to trading. It can never be challenging if we don't suffer losses, IMO.
At least we have to have basic knowledge about cryptocurrency and that's important,
it's true that we follow the social media channels it will help us get information,
the most important thing is to keep learning because after all it can make us successful
Losses, failures, it is a test of ourselves and patience. If we don't do anything to change this, these things will be our common ends and it leads to quitting.
The main thing in trading is when we lose, it is always less than when we make a profit. And to avoid margin call in trading leverage, for the better always use only 1% of your trading balance for each trade. We cannot avoid losses, but we can minimize losses by always using stop loss, trailling stop and other money management. Make profit from Trading is about how to make the probability of profit is higher than losses.
I don't know if that works in real life because what happens to me is that I lose more money in trading than profit. That is sometimes I think that this place isn't for me, I quitted sometimes but I just come back with good results that is why I stay in trading again. I know we have the same goal in trading and that is to gain more but we can't dictate the market just to be in favor of us. Whether we like it or not, losses could still be there and always happening as it adds life to trading. It can never be challenging if we don't suffer losses, IMO.
I don't want to invalidate your failure but you could've prevented some of your mistakes from happening if you asked other people about their trading mistakes, learn from them and apply what they didn't do and see the results. Also, you might want to watch out as to how much money you are putting in your trading because you might be losing a lot of money that you are better off gambling the money, also accept the fact that not everyone can do trading.
Yeah that's true, we should not put our money at risk without any good knowledge, you will just waste your money if you do trading without any good knowledge, losing money from it is really frustrating because it will make empty too fast compared to spending it some other things, trading wouldn't be really good for every beginner because the chances of winning in trading for a beginner is really rare, it is not like gambling where you can have 50% win rate, you should really acquire knowledge before entering the trading world.
The main thing in trading is when we lose, it is always less than when we make a profit. And to avoid margin call in trading leverage, for the better always use only 1% of your trading balance for each trade. We cannot avoid losses, but we can minimize losses by always using stop loss, trailling stop and other money management. Make profit from Trading is about how to make the probability of profit is higher than losses.
yes you are right, failing in trading is an experience, not a joke, I have failed a lot of time when trading, and it taught me what trading means,
yes I am grateful to be familiar with crypto trading, because in this world of crypto currencies I can buy a house trading results,
joke? yes this is a joke if you find it funny, but trading is not a joke!
yes I am grateful to be familiar with crypto trading, because in this world of crypto currencies I can buy a house trading results,
joke? yes this is a joke if you find it funny, but trading is not a joke!
One of the most common mistakes people make when trading is giving up when you have a loss.
and this often happens among beginners if they experience a loss, usually their emotional state will be greatly affected.
don't give up because everything starts from failure that will make you smarter and more mastered, and learn not to involve emotions, such as fear or FOMO and always give plan B, choosing a trusted trading platform and so on that you must master as a condition after failure .
That is because they really don't understand how is the life of being a crypto trader. Because they often think that trading is very easy, they can make good money, believing about instant millionaire? These quitters are absolute no how about trading and they are not afraid to quit as they don't care about it. and this often happens among beginners if they experience a loss, usually their emotional state will be greatly affected.
don't give up because everything starts from failure that will make you smarter and more mastered, and learn not to involve emotions, such as fear or FOMO and always give plan B, choosing a trusted trading platform and so on that you must master as a condition after failure .
A lot of people like these, not only for newcomers but also those who have been in crypto already. And if we have noticed, many traders will come during the bullish season as they can surely make a profit this time but to wonder why they will gone once the bullish season is over.
At least we have to have basic knowledge about cryptocurrency and that's important,
it's true that we follow the social media channels it will help us get information,
the most important thing is to keep learning because after all it can make us successful
Losses, failures, it is a test of ourselves and patience. If we don't do anything to change this, these things will be our common ends and it leads to quitting.
over time we also need to increase knowledge and skills as you said,
with the increasing amount of experience it will also affect decision making when trading
At least we have to have basic knowledge about cryptocurrency and that's important,
it's true that we follow the social media channels it will help us get information,
the most important thing is to keep learning because after all it can make us successful
Losses, failures, it is a test of ourselves and patience. If we don't do anything to change this, these things will be our common ends and it leads to quitting.
Failed in trade is always not a joke, because trading is not really a joke you will use money as capital in order to trade and if you are going to loss your money will also loss. So there is no way to make trade as a joke because money is all we need to survive specially in this time of pandemic we really need funds.
We are all finding viable solutions or ways on where we can able to make profit despite of this hard situation and trading is one of the solutions but it isnt a guarantee for you to anticipate muchbecause it would always matter or vary on how you do trade which would really be different into each person since not all would really be having the same capacity on making trades.
Trading is risky but due to to experience that risk would be suppress out thats why we should really do our best on not to be wrecked by this market.
Loses are normal but one thing should be prioritize on where you should end up to be profitable.
If you are new in this market, you need to use small funds first to get the grasp of the market. Also, it depends on the coin that you are trading with. You need to be familiar with the developments of such coin. Without any knowledge about the coin, it is like you are trading in blind faith. You also need to follow their social media channels to know what's going on. It will help you get insights on what may happen next for the coin.
it's true that we follow the social media channels it will help us get information,
the most important thing is to keep learning because after all it can make us successful
Failed in trade is always not a joke, because trading is not really a joke you will use money as capital in order to trade and if you are going to loss your money will also loss. So there is no way to make trade as a joke because money is all we need to survive specially in this time of pandemic we really need funds.
We are all finding viable solutions or ways on where we can able to make profit despite of this hard situation and trading is one of the solutions but it isnt a guarantee for you to anticipate muchbecause it would always matter or vary on how you do trade which would really be different into each person since not all would really be having the same capacity on making trades.
Trading is risky but due to to experience that risk would be suppress out thats why we should really do our best on not to be wrecked by this market.
Loses are normal but one thing should be prioritize on where you should end up to be profitable.
If you are new in this market, you need to use small funds first to get the grasp of the market. Also, it depends on the coin that you are trading with. You need to be familiar with the developments of such coin. Without any knowledge about the coin, it is like you are trading in blind faith. You also need to follow their social media channels to know what's going on. It will help you get insights on what may happen next for the coin.
Failed in trade is always not a joke, because trading is not really a joke you will use money as capital in order to trade and if you are going to loss your money will also loss. So there is no way to make trade as a joke because money is all we need to survive specially in this time of pandemic we really need funds.
We are all finding viable solutions or ways on where we can able to make profit despite of this hard situation and trading is one of the solutions but it isnt a guarantee for you to anticipate muchbecause it would always matter or vary on how you do trade which would really be different into each person since not all would really be having the same capacity on making trades.
Trading is risky but due to to experience that risk would be suppress out thats why we should really do our best on not to be wrecked by this market.
Loses are normal but one thing should be prioritize on where you should end up to be profitable.
~
I mean their end goal is to earn profit in the end. They wouldn't be able to help it with that kind of mindset and I don't expect that a lot of newbies would get used to the two trends of the market maybe except the bullish ones.Just like what's happening to the price of BTC right now, I can only imagine how many already exited the market while the whales are buying those dumped coins.
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