Hello traders - page 8. | Bitcointalksearch.org

wuvdoll

legendary

Activity: 1442

Merit: 1025

Quote from: shanewolff on May 24, 2018, 10:41:05 PM

Many people get into trading just because others do it and without any actual knowledge about it , or proper training and then lose their money, that's we always hear the same numbers, 97% of the traders lose and only 3% succeed from it.

When you get into anything, not just trading anything new, you have to know the background of it and a proper knowledge, willing to learn and keep learning, if you can do that, you actually can become a successful trader, Learn from every source you can and do a lot of demo trading to build confidence and keep winning.

Yeah, in fact a lot of people just hear that people are making a lot of bucks from trading and they wish they would be able to make a lot of bucks as well.

Funny enough, they always refuse to ask themselves that those who are trading well and making those huge profit must have been doing it right but instead of knowing how they ended up doing it right, you will just hear someone saying all they need to do is to learn from experience and I wonder how far or long that is going to take them before they even get frustrated.

befriendmywater

member

Activity: 658

Merit: 10

Quote from: LegendzX on May 15, 2018, 01:35:25 AM

Some says that to be a trader is very risky, if it is really risky why there are still traders and more are becoming interested to be like this? Anything that you can share and advice to a newbie like me is appreciated.

Actually it is not dangerous. Trading for profit is a difficult job and requires a lot of experience from a trader. An academic who transacts from quality courses can not earn a living. why?
Because this is a work of thinking and analytical skills of every human being. I think you should try your hand at $ 500. If you have talent and belong to this job, you will make that money increase dramatically. Wink

napi

member

Activity: 350

Merit: 10

I think all trading is very risky it all depends on your courage, if you dare to face the risks that exist then you can also get a lot of profits, basically you have to dare to face the risks and stay calm do not easily panic.

chocolah29

full member

Activity: 588

Merit: 128

Quote from: LegendzX on May 15, 2018, 01:35:25 AM

Some says that to be a trader is very risky, if it is really risky why there are still traders and more are becoming interested to be like this? Anything that you can share and advice to a newbie like me is appreciated.

Because traders are born to take risk and behind the risk is a profit that awaits us. Even though big profit isn't sure yet we all hope that our labor will bear fruits. Yes traders can be rich in no time but they can instantly loss in just a snap yet this is what traders want, the chill and thrill that trading can only give.

valera10

full member

Activity: 392

Merit: 101

Quote from: LegendzX on May 15, 2018, 01:35:25 AM

Some says that to be a trader is very risky, if it is really risky why there are still traders and more are becoming interested to be like this? Anything that you can share and advice to a newbie like me is appreciated.

I am sure that not from a good life everyone is going to trade on the cryptocurrency market. There is likely from the person more dependent on his desire seeks.

chiko27

member

Activity: 378

Merit: 10

Crypto trading offers investment advantages. that's why more and more people are interested in it, but crypto investment has potential risks. Being a successful trader must go through the process of learning to make a better trading strategy.

Gerci

member

Activity: 87

Merit: 10

In the world of investment certainly can not be separated from the risk. The applicable law is the greater the potential profit, the greater the potential risk. Similarly in forex trading. Forex is classified as the type of investment with the highest risk. This has been mentioned in many sources. The potential forex profit is higher than deposits, stocks, or mutual funds; but even greater risk of forex trading.
According to the results of several studies, including those conducted by AMF France, 90% of traders end up with loss. Or it could be likened only 1 person who succeeded, from 10 people who plunge into forex trading.
Horrified is not it? Yes this is the fact, inevitably, like it or not, we, you, must understand and correctly interpret the above statistical information. However, although the probability of winning in forex is low and not easy, it does not mean impossible. There are many people who have been successful in forex, and we can follow in their footsteps. One way to understand the risk of forex trading before plunging into it.
Generally, forex trading risk comes from four things, namely the price volatility in the forex market, the use of leverage, forex brokers, and our own psychological condition as a trader.

StephenieDuong

sr. member

Activity: 602

Merit: 250

—RUSHMOON — Automatic LP & Yield Farm & AMM on BSC

Crypto trading is not a game for new investors because unlike stoke or forex, crypto price can move with the news. When bad news come out, market can crash up to 50% price. Because of it unstable, so many traders have to quit or become holders (they dont even want to hold).

seinzein

full member

Activity: 359

Merit: 101

risky is challenging.
no risky it means no profit.
everything in this world has their own risk.
trading is risky of course, that's why to a good trader need practice and getting bad experience.
for what ? to find the our own way to get a good profit.
skill also needed.
once you get a good profit, then you won't ever stop trading

good luck !

nasipadang

sr. member

Activity: 1274

Merit: 252

Quote from: LegendzX on May 15, 2018, 01:35:25 AM

Some says that to be a trader is very risky, if it is really risky why there are still traders and more are becoming interested to be like this? Anything that you can share and advice to a newbie like me is appreciated.

First you should avoid some mistakes made by newbie trade, you can find articles about this in google, learn first how crypto market moves, make connections to accurate information, when you experience losses in trading you have to see the good side.

3philong

member

Activity: 434

Merit: 10

Dangers always come with profit. We all think it will be easy to win until they realize the danger

Supercrypt

legendary

Activity: 1554

Merit: 1054

Quote from: wxa7115 on May 24, 2018, 06:00:26 PM

Quote from: btc_angela on May 17, 2018, 09:43:37 PM

Quote from: LegendzX on May 15, 2018, 01:35:25 AM

Some says that to be a trader is very risky, if it is really risky why there are still traders and more are becoming interested to be like this? Anything that you can share and advice to a newbie like me is appreciated.

Its because in life, not just simply in crypto,is in order to succeed you need to take risk. But I'm sure that everyone in trading is doing what we call calculated risk. For example, you need to put your entry and exit plan, so if they are satisfy then get out and take home the profits.

If you are going to start your journey just start with just a small capital and see how it goes for you. Play around the market read, read and read a lot of advise here. There are a tons of advise, just try to filter it out and see if it works on your end. Goodluck to you.

You will get nowhere if you do not take a risk once in a while the difference is the kind of risk that you take, many people take risks without taking into account the reward they are going to get, and that is really important that is why I invest in cryptocurrencies, the risk of losing money is great but at the same time the chances of multiplying your money many times over are very high as well.

Asides from the kind of risk you really take, it is more on the part of how knowledgeable you are to make sure you are minimizing the risk. The risk is simply there and it is a huge one and this why traders who did not learn always expose themselves hugely to the risk (100%) and that is insane and main reason they lose a lot.

With knowledge, even with a 100% risk, you are going to have to minimize it to a very good level which should be as low as 10%. This is the reason why traders still make mistakes, but they know how to just manage those risks.

Aprodite

member

Activity: 364

Merit: 17

If you have entered the world of cryptocurrency, then the risk is always there, be it investment or trade. the risk can not be eliminated, but can be minimized. My advice, before you start to invest or trade, The first thing you should look for is information about the coin in concerned. Once you get good information. Then you can start to trade and try to start with a small capital. at least that way can reduce the risk of loss

kickdapa

full member

Activity: 627

Merit: 103

Yes, trade has risks and risks has gained. Without risk, you can't gain success by trade. Sometimes you will make good profits by trading and sometimes you can even lose all of your money. That's why trade is not for everyone. So, you may research more about trading and then do start a trade. Without knowledge don't come in the trade only by someone suggestion.

Lagrood

newbie

Activity: 728

Merit: 0

Nobody lied you because it is the truth that most of traders becomes a bankrupt quite soon there are statistics on commodity market and more that 90% of physical persons are unprofitable but on stock market the the situation is much better just because there are mainly investors. Crypto market is new market and it growed unbelievable so peolple earned much but now it is stable and most of people who trades becomes unprofitable. I consider that it is much better to be an investor

Sakash

newbie

Activity: 266

Merit: 0

There is a lot of risk to trade. It's a tough job to train. You have to be meritorious and experience to trade. If you experience the experience, you can succeed later.

Maestro75

sr. member

Activity: 1960

Merit: 329

Quote from: LegendzX on May 15, 2018, 01:35:25 AM

Some says that to be a trader is very risky, if it is really risky why there are still traders and more are becoming interested to be like this? Anything that you can share and advice to a newbie like me is appreciated.

That is true about the risk. But that is the same with every business. There is none without risk even hawking bread or oranges come with risk. You can get hit by a car while hawking your goods. Well, with my little ability to buy and hold cryptos I realize that there is risk in trading these coins. And when we see sharp movement of price up and down we for sure see how the price instability makes the risk more obvious.

aardvark15

hero member

Activity: 1008

Merit: 510

Quote from: LegendzX on May 15, 2018, 01:35:25 AM

Some says that to be a trader is very risky, if it is really risky why there are still traders and more are becoming interested to be like this? Anything that you can share and advice to a newbie like me is appreciated.

There is potential to make a lot of money trading because of the volatility of the cryptocurrency markets. The more highs and lows there are, the more buy and sell opportunities there are.

However, it’s very hard to know when to buy and when to sell. You have to be good at technical analysis or fundamental analysis to make money with short term trading. Or you have to develop some kind of system that works more times than it doesn’t.

cah ndablek

full member

Activity: 448

Merit: 100

Maybe someone just wants to know how challenges arise when trying to invest so with this goal traders are able to test the patience continue to earn revenue and anticipate the occurrence of losses if the price has decreased.

jorgelugra

member

Activity: 266

Merit: 10

Hello! I can agree that it is risky but it is worth it! I am sure that trading is worth it because you can earn much if learn the basics and know enough about trading techniques.

Topic: Hello traders - page 8. (Read 1026 times)