I am not lucky in trading - what am I doing wrong? - page 3.

Yamifoud

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Quote from: mbakruroh on January 10, 2020, 03:43:07 PM

Everything could happen without permission and as long you already replace stop loss that's enough. People more focus with profit but ignore safety, that's wrong because safety is first thing should be done before enter market. When your prediction goes wrong you only see it as reality and find the mistakes before replace open position again. No need debate about this is " X " factor or not because the player and have control with fund is only you.

Then we should have to correct our mistakes for it will not happening again.

It is very important to know the market's behavior before taking the risk but unfortunately, some traders don't have that kind of approach, they act differently which brings them to a losing ends. We always have to remember that in trading nothing could help us but just ourselves only. Don't get disappointed because of experiencing losses, everyone makes mistakes and doesn't get feel bad but take this as an opportunity to learn and fully understand the market behavior.

Zemomtum

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CitizenFinance.io

You need to change the tools you are using and adopt another if market movement always goes against you. The mixture of these tools for confirmation will also help a lot like MACD, RSI, Bollinger Band, EMA, Volume and most important candlestick. It is not advisable to put all these tolls on chart at once. You can select a maximum of 2-3 at once just to compare and be certain of the different results they will provide. If most or all of them have similar results, there is 100% chance that the price will move in that direction. Be aware that despite this, fundamental can change all this in just an hour like Iran and Iraq news of recent, so you need to be conversant of what is happening in the crypto space by joining the group that provides notification instantly

mbakruroh

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Everything could happen without permission and as long you already replace stop loss that's enough. People more focus with profit but ignore safety, that's wrong because safety is first thing should be done before enter market. When your prediction goes wrong you only see it as reality and find the mistakes before replace open position again. No need debate about this is " X " factor or not because the player and have control with fund is only you.

Kevondo

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Quote from: Murat on January 10, 2020, 05:33:45 AM

When you are in a platform which is very much volatile and manipulation then you don't have a lot of things to do a good thing, so it's not your fault anymore, so don't think you are unlucky in trading because fortunes always don't favor a soldier, but you have to carry out this trading because who knows when the good moment will come to you, so keep trying and keep trading, you just should maintain some simple tricks, I think Bitcoin price chart would be your nest company if you again want to trade, just watching the price chart and take another action regarding trading.

Trading is not about luck. Trading is dependent upon the efforts. So do not get worried about it that if you are losing then it is because you are unlucky. Trading discussions and forums like this could be a great help for you in such a time. You must consult the prices of all the coins first or ask an expert so that you can take right steps at the right time.

Distinctin

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Quote from: bohr on January 09, 2020, 12:56:17 PM

Quote from: ekans45 on January 07, 2020, 11:34:48 PM

Just to clarify, knowing a coin's history you wanted to trade with doesn't always matter since it'll be your just basis regarding on its playes' behavior. Thus, you are just looking for a pattern here which doesn't always definitely work because whales on the particular coin behaves upredictably; forcing you to use indicators and charts more dynamically.

One of the most common mistakes that I see in the market is using the past to try to predict the future, many begin to see patterns in the way the price moves and if you try your theory a few times it may seem as if your theory makes sense but many never really try their theory for long enough to see all of those times in which their theory is wrong and then when they begin to trade the markets they realize that they had no chance of making money with that strategy but by then it is too late.

That is because he thinks that trading could easily to learn and manageable market design but it was a big opposite when you are engaged in it. I know it wasn't just enough to think that trading is not the right place for us because most successful traders also suffer losses before they succeed. If we would like to dig deeper and think positive about the future, it certainly affects also our mindset and overcomes struggles and difficulties.

cryptoangel

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Quote from: Murat on January 10, 2020, 05:33:45 AM

When you are in a platform which is very much volatile and manipulation then you don't have a lot of things to do a good thing, so it's not your fault anymore, so don't think you are unlucky in trading because fortunes always don't favor a soldier, but you have to carry out this trading because who knows when the good moment will come to you, so keep trying and keep trading, you just should maintain some simple tricks, I think Bitcoin price chart would be your nest company if you again want to trade, just watching the price chart and take another action regarding trading.

Obviously, your suggestions are really useful on new traders. Nowadays most the investors are just invest the money on crypto and waiting for the next pump. So we must wait for long term or plan the each spot on trading platform. This year we are all waiting for next rapid hype on Bitcoin so surely beginners are also understand the future prediction and make some profit.

Murat

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When you are in a platform which is very much volatile and manipulation then you don't have a lot of things to do a good thing, so it's not your fault anymore, so don't think you are unlucky in trading because fortunes always don't favor a soldier, but you have to carry out this trading because who knows when the good moment will come to you, so keep trying and keep trading, you just should maintain some simple tricks, I think Bitcoin price chart would be your nest company if you again want to trade, just watching the price chart and take another action regarding trading.

novaprime

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UniDApp - it's DeFi time!

Quote from: bohr on January 09, 2020, 12:56:17 PM

Quote from: ekans45 on January 07, 2020, 11:34:48 PM

Just to clarify, knowing a coin's history you wanted to trade with doesn't always matter since it'll be your just basis regarding on its playes' behavior. Thus, you are just looking for a pattern here which doesn't always definitely work because whales on the particular coin behaves upredictably; forcing you to use indicators and charts more dynamically.

One of the most common mistakes that I see in the market is using the past to try to predict the future, many begin to see patterns in the way the price moves and if you try your theory a few times it may seem as if your theory makes sense but many never really try their theory for long enough to see all of those times in which their theory is wrong and then when they begin to trade the markets they realize that they had no chance of making money with that strategy but by then it is too late.

I have also seen a lot of investors who often make these predictions and really the past can never be the same as the present because everything is completely different. I think instead of believing in other people's predictions, you should analyze this market yourself because this is the easiest way for you to know exactly what is happen with this market.

In addition, there are many top experts in trading and you can meet to listen to their share because surely one day their knowledge will help you a lot.

freedomgo

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Fully Regulated Crypto Casino

Try to improve your trading strategy and don't think about luck, think more on your skills and knowledge and that area you need to improve.
You don't need to win every time, you just need to be consistent by making good decision so you will be profitable in the end.
it's a matter of being realistic and accepting your mistakes and correct it.

MWesterweele

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Quote from: bohr on January 09, 2020, 12:56:17 PM

One of the most common mistakes that I see in the market is using the past to try to predict the future, many begin to see patterns in the way the price moves and if you try your theory a few times it may seem as if your theory makes sense but many never really try their theory for long enough to see all of those times in which their theory is wrong and then when they begin to trade the markets they realize that they had no chance of making money with that strategy but by then it is too late.

Do not dwell in the past, what happen in that time remains in that time. We need to move forward so that we dont have any problem. Yes sometimes you need luck in order for us to win, but sometimes it is our own abilities that makes us win or bring the bacon to us. Everyone has their own perfect timing, OP needs to learn from his mistakes.

bohr

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Quote from: ekans45 on January 07, 2020, 11:34:48 PM

Just to clarify, knowing a coin's history you wanted to trade with doesn't always matter since it'll be your just basis regarding on its playes' behavior. Thus, you are just looking for a pattern here which doesn't always definitely work because whales on the particular coin behaves upredictably; forcing you to use indicators and charts more dynamically.

One of the most common mistakes that I see in the market is using the past to try to predict the future, many begin to see patterns in the way the price moves and if you try your theory a few times it may seem as if your theory makes sense but many never really try their theory for long enough to see all of those times in which their theory is wrong and then when they begin to trade the markets they realize that they had no chance of making money with that strategy but by then it is too late.

Lanatsa

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Quote from: nickenburg on January 08, 2020, 02:36:37 PM

Trading is really hard, especially in a bearmarket, where the price mostly only goes down.
Just before the Bubble to 20000$ per Bitcoin in 2017 u could just buy any Ico and you would profit because of the price.

I think it's still possible to buy low and sell high, but the temptations are there as well lets say you have a few 1000$ and something in real life happens where you need money, or want to buy something.
And you know you have Crypto it is hard sometimes to not sell your crypto and buy something you want.

I made that mistake myself, sold most of my crypto before 2017 and lost a lot opportunity's later on when the price went to $20000.

Experience is a big thing as well if you watch what the price does everyday and also research how trading and graphs work, you maybe start to understand what is happening more.
For example you said you only watch the volume as a buy or sell indicator because that is what you understand, but those are not the only things that are important.
So I would say definitely do more research before trading.

Trading does have 2 things which is long term and short term ones and people or traders do have their own way of trading or targets on how they would deal against the market.

Of course it do involved buy and sell and if you do prefer on holding for long and doesnt consider on dealing with it on shorter time but somehow if we do talk about profit possibility then its less compared to active ones but it is way more risky.So its your choice which one would suit you.

Luck is one of the factors but most of the time when it comes to trading it does matter with skills and knowledge.

nickenburg

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Trading is really hard, especially in a bearmarket, where the price mostly only goes down.
Just before the Bubble to 20000$ per Bitcoin in 2017 u could just buy any Ico and you would profit because of the price.

I think it's still possible to buy low and sell high, but the temptations are there as well lets say you have a few 1000$ and something in real life happens where you need money, or want to buy something.
And you know you have Crypto it is hard sometimes to not sell your crypto and buy something you want.

I made that mistake myself, sold most of my crypto before 2017 and lost a lot opportunity's later on when the price went to $20000.

Experience is a big thing as well if you watch what the price does everyday and also research how trading and graphs work, you maybe start to understand what is happening more.
For example you said you only watch the volume as a buy or sell indicator because that is what you understand, but those are not the only things that are important.
So I would say definitely do more research before trading.

theghostm1

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Every trader should know that it is not always possible to anticipate what will happen with the movement of the market and the loss must be accepted.
And with time you will gain enough experience not to make such mistakes
One last tip, my friend: Follow a correct financial plan ... and good luck

sisule

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Left anything connected whit investment although whit ICO and IEO project and your lucky maybe whit participated on bounty campaign and airdrop project, how every many people have their lucky whit earning altcoin and bitcoin by using free way and not stop by any one else you can get much profit more higher than trader or investor in altcoin or bitcoin.

Faxmate

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Quote from: Kupid002 on January 07, 2020, 10:27:27 PM

Quote from: alan2here on January 07, 2020, 09:12:17 PM

Quote from: FLoving on December 31, 2019, 01:14:43 PM

Quote from: kanayaTabitha on December 15, 2019, 08:25:06 AM

Quote from: d3nz on December 15, 2019, 12:53:32 AM

Obviously trading is really hard to predict and you really have knowledge in order to know when to make a position on trading and whrn to execute it and not just to rely on people's chart because they maybe just making a hype.

And you will not gain any luck in trading if you don't know trade properly and that's why you need to know on ehat you are doing.

To become a pro traders a person need to have a trading sense which could know where the price going, and to acquire a trading sense the only way is from trading itself, the more we trade, the more we lost on trades, the more our trading sense will improve and we'll know the market's nature that we can control when we already good at it.

If the more we lose in trade then it is also possible that the more we disappoint from trade and leave this field. Better option is that from the start we take the guidance from the expert traders and do not jump in this field without the guidance of any trader who is a profiting trader. If we will take this type of start then we will save our money to not lose and we will also start earning from the start of our trading history.

No one can become a professional trader without overcoming these difficulties and actually making money is not always easy because this market is difficult to predict. I think instead of being frustrated, you should add new knowledge and need to try more because if you want to succeed, you need to overcome this first.

I have also experienced the feeling of failure when trading but after each failure, I have many more useful lessons and until now, I have been able to decide for myself all the issues in this market.

For every failure you will learn and that learning and experience can be a big use in trading crypto currency , even professional can also experience lost but they are not saying it to others and picking up all the important things they need to know and add it to thier experience.

yes you are right that failure is a means of learning but too much failure every time could be the cause of great loss of money, so better to improve yourself and do not make too much mistakes, and i am sure that experts must be the keen observer of their mistakes that is why they are called experts.
Here reading about the OP i came to know that he do not set a target for buy and sell, the benefit of target is that atleast you will not regret if the market move opposite because you would have get your profit.

ekans45

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Quote from: Wipeout2097 on December 31, 2019, 05:20:39 PM

You are lucky,Just need to review your knowledge,faith and decision power.I share some points hopefully will be helpful fr your future trading career.
The market is not behave according your consent it mean you are wrong,because market is right.First of all understand that what are you choosing know its history in charts and indicators.

Manage your money properly,selection of coins should be qualitative and do not hold the trades for greed.Try to choose coins moving in green there are more winning chances.

Just to clarify, knowing a coin's history you wanted to trade with doesn't always matter since it'll be your just basis regarding on its playes' behavior. Thus, you are just looking for a pattern here which doesn't always definitely work because whales on the particular coin behaves upredictably; forcing you to use indicators and charts more dynamically.

Savemore

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Quote from: Kupid002 on January 07, 2020, 10:27:27 PM

Quote from: alan2here on January 07, 2020, 09:12:17 PM

Quote from: FLoving on December 31, 2019, 01:14:43 PM

Quote from: kanayaTabitha on December 15, 2019, 08:25:06 AM

Quote from: d3nz on December 15, 2019, 12:53:32 AM

Obviously trading is really hard to predict and you really have knowledge in order to know when to make a position on trading and whrn to execute it and not just to rely on people's chart because they maybe just making a hype.

And you will not gain any luck in trading if you don't know trade properly and that's why you need to know on ehat you are doing.

To become a pro traders a person need to have a trading sense which could know where the price going, and to acquire a trading sense the only way is from trading itself, the more we trade, the more we lost on trades, the more our trading sense will improve and we'll know the market's nature that we can control when we already good at it.

If the more we lose in trade then it is also possible that the more we disappoint from trade and leave this field. Better option is that from the start we take the guidance from the expert traders and do not jump in this field without the guidance of any trader who is a profiting trader. If we will take this type of start then we will save our money to not lose and we will also start earning from the start of our trading history.

No one can become a professional trader without overcoming these difficulties and actually making money is not always easy because this market is difficult to predict. I think instead of being frustrated, you should add new knowledge and need to try more because if you want to succeed, you need to overcome this first.

I have also experienced the feeling of failure when trading but after each failure, I have many more useful lessons and until now, I have been able to decide for myself all the issues in this market.

For every failure you will learn and that learning and experience can be a big use in trading crypto currency , even professional can also experience lost but they are not saying it to others and picking up all the important things they need to know and add it to thier experience.

We should treat our mistakes as a lesson, failure in trading is sometimes good for us because it helps us to become a skillful trader. We can avoid the future losses if we will use the knowledge that we get from our past failures. Luck is created in the trading world, we can become lucky if we will focus on improving the skills that what we have today.

Kupid002

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Quote from: alan2here on January 07, 2020, 09:12:17 PM

Quote from: FLoving on December 31, 2019, 01:14:43 PM

Quote from: kanayaTabitha on December 15, 2019, 08:25:06 AM

Quote from: d3nz on December 15, 2019, 12:53:32 AM

Obviously trading is really hard to predict and you really have knowledge in order to know when to make a position on trading and whrn to execute it and not just to rely on people's chart because they maybe just making a hype.

And you will not gain any luck in trading if you don't know trade properly and that's why you need to know on ehat you are doing.

To become a pro traders a person need to have a trading sense which could know where the price going, and to acquire a trading sense the only way is from trading itself, the more we trade, the more we lost on trades, the more our trading sense will improve and we'll know the market's nature that we can control when we already good at it.

If the more we lose in trade then it is also possible that the more we disappoint from trade and leave this field. Better option is that from the start we take the guidance from the expert traders and do not jump in this field without the guidance of any trader who is a profiting trader. If we will take this type of start then we will save our money to not lose and we will also start earning from the start of our trading history.

No one can become a professional trader without overcoming these difficulties and actually making money is not always easy because this market is difficult to predict. I think instead of being frustrated, you should add new knowledge and need to try more because if you want to succeed, you need to overcome this first.

I have also experienced the feeling of failure when trading but after each failure, I have many more useful lessons and until now, I have been able to decide for myself all the issues in this market.

For every failure you will learn and that learning and experience can be a big use in trading crypto currency , even professional can also experience lost but they are not saying it to others and picking up all the important things they need to know and add it to thier experience.

LUCKMCFLY

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Leading Crypto Sports Betting & Casino Platform

Quote from: alan2here on January 07, 2020, 09:12:17 PM

Quote from: FLoving on December 31, 2019, 01:14:43 PM

Quote from: kanayaTabitha on December 15, 2019, 08:25:06 AM

Quote from: d3nz on December 15, 2019, 12:53:32 AM

Obviously trading is really hard to predict and you really have knowledge in order to know when to make a position on trading and whrn to execute it and not just to rely on people's chart because they maybe just making a hype.

And you will not gain any luck in trading if you don't know trade properly and that's why you need to know on ehat you are doing.

To become a pro traders a person need to have a trading sense which could know where the price going, and to acquire a trading sense the only way is from trading itself, the more we trade, the more we lost on trades, the more our trading sense will improve and we'll know the market's nature that we can control when we already good at it.

If the more we lose in trade then it is also possible that the more we disappoint from trade and leave this field. Better option is that from the start we take the guidance from the expert traders and do not jump in this field without the guidance of any trader who is a profiting trader. If we will take this type of start then we will save our money to not lose and we will also start earning from the start of our trading history.

No one can become a professional trader without overcoming these difficulties and actually making money is not always easy because this market is difficult to predict. I think instead of being frustrated, you should add new knowledge and need to try more because if you want to succeed, you need to overcome this first.

I have also experienced the feeling of failure when trading but after each failure, I have many more useful lessons and until now, I have been able to decide for myself all the issues in this market.

I think that the more operations are left to luck, the less one learns and as the failures progress, they will be more followed. When you lose in trading, what matters most is knowing why, and if you win too, that is where the person understands the market more, and when you understand the market more, your chances of success will increase, there is the secret.

The problem is if you lose or win and do not know the reason, because you would simply be gambling and that is worrying in trading.

Topic: I am not lucky in trading - what am I doing wrong? - page 3. (Read 2112 times)