Its got nothing to do with luck...
You need to re evaluate your process...
1. Stop fomo buying.
2. Stop fear selling.
3. Learn to Hodl.
You get those down and youll do way better.
Topic: I am not lucky in trading - what am I doing wrong? - page 6. (Read 2131 times)
if you feel unlucky in the world of trading maybe it's not your passion, because not only you who feel like this. my advice don't overexert yourself if it's just detrimental. that's the crypto world, not as smooth as you think when you want to take profit. cannot be predicted with accuracy and requires a lot to learn from experience. save your capital with a pyramid system when you want to trade, at least don't trade all in your capital at one price
For new traders often fall into a bull or bear trap without knowing what's the market heading to, in order to avoid such thing just need to watch others pro traders that sharing their TAs on several sites that easy to access, even in this forum there are such pieces of information.
For a start, trying to find information will be an important thing, then start with small funds to test the depth of the water. Do not try to trade on a daily basis or short-term, the last thing is patience to sell and buy at the right time according to information that you've gathered.
For a start, trying to find information will be an important thing, then start with small funds to test the depth of the water. Do not try to trade on a daily basis or short-term, the last thing is patience to sell and buy at the right time according to information that you've gathered.
It is really to understand the situation if you'd never been a focus on your trades. It actually we can't stop its volatility and the market keeps moving, you can just be thinking that once the market started to drop it will drop continuously, the same thing we will expect to happen when it goes up.
@ OP there are no mistakes of what you've done, only you can't catch the right time to sell/buy. Buy spending more time in trading you can make it right and just keep looking strategies that will enhance your capability and skills.
@ OP there are no mistakes of what you've done, only you can't catch the right time to sell/buy. Buy spending more time in trading you can make it right and just keep looking strategies that will enhance your capability and skills.
I rarely meet people who are short term/day traders and are in profit. I normally don't do short term or day trading and I suggest everyone here to learn HODL. Just do some research and see how much gain BTC has given to those who HODL, if you figure it out you won't go back to trading. I leave it you to find in this year alone how much gain BTC has given to its HODLers.
Very true, it's very hard to generate profits in daily or hourly trades because the bitcoin market is volatile and you need to be very lucky if you are trading with price and looking to sell and buy within hours. I have done that and it's almost like gambling when you try to make profit making trades within hours and even days.The best way I personally felt when trading and still feel is that you buy at any price on the current market and just wait and wait until it goes up, I can promise that no one literally no-one can confirm when price will go up or down. So just sit tight and have patience once it goes above what you buy then just sell it don't get greedy.It takes 10-12 days to gain some profit but works well.
Because it is almost impossible to predict that the price is going to pump in such a sudden way when there is no indication in the charts that such thing could happen as such it is really difficult to become a profitable short term trader.
Luck is very important for trading. Many can earn a lot of profit due to good luck. So I want to say that for trading, like skill, there is luck. If luck is not good then success cannot be achieved by trading. No one can control fate. So those who have good luck can achieve success by trading.
Thank you
Thank you
But if we just rely on luck no matter how much we already earned. We will get rekt at the end because we will trust that we will always win every trade without measuring the risk. Having a risk management skills and basic technical analysis skill is needed to survive in cryptocurrency trading
Luck is very important for trading. Many can earn a lot of profit due to good luck. So I want to say that for trading, like skill, there is luck. If luck is not good then success cannot be achieved by trading. No one can control fate. So those who have good luck can achieve success by trading.
Thank you
Thank you
But if we just rely on luck no matter how much we already earned. We will get rekt at the end because we will trust that we will always win every trade without measuring the risk. Having a risk management skills and basic technical analysis skill is needed to survive in cryptocurrency trading
Technical analysis is always important in trading and it will help us to stay positive in the market. Every time it is not possible in the market to make profit continuously because the market situation cannot be the same and sometimes we have to take risk otherwise it is impossible for us to make profits.
We should not just stick in one strategy, trading is a process, if we think that this strategy seems not working then let's look at the other technical analysis as well as combining it with the FA, for some traders they are using at least 2-4 technical analysis as they wanted to have confirmation before anything else, as much as possible they wanted to be 100% sure before trading.
Luck is very important for trading. Many can earn a lot of profit due to good luck. So I want to say that for trading, like skill, there is luck. If luck is not good then success cannot be achieved by trading. No one can control fate. So those who have good luck can achieve success by trading.
Thank you
Thank you
But if we just rely on luck no matter how much we already earned. We will get rekt at the end because we will trust that we will always win every trade without measuring the risk. Having a risk management skills and basic technical analysis skill is needed to survive in cryptocurrency trading
Technical analysis is always important in trading and it will help us to stay positive in the market. Every time it is not possible in the market to make profit continuously because the market situation cannot be the same and sometimes we have to take risk otherwise it is impossible for us to make profits.
Luck is very important for trading. Many can earn a lot of profit due to good luck. So I want to say that for trading, like skill, there is luck. If luck is not good then success cannot be achieved by trading. No one can control fate. So those who have good luck can achieve success by trading.
Thank you
Thank you
But if we just rely on luck no matter how much we already earned. We will get rekt at the end because we will trust that we will always win every trade without measuring the risk. Having a risk management skills and basic technical analysis skill is needed to survive in cryptocurrency trading
Technical analysis is always important in trading and it will help us to stay positive in the market. Every time it is not possible in the market to make profit continuously because the market situation cannot be the same and sometimes we have to take risk otherwise it is impossible for us to make profits.
Luck is very important for trading. Many can earn a lot of profit due to good luck. So I want to say that for trading, like skill, there is luck. If luck is not good then success cannot be achieved by trading. No one can control fate. So those who have good luck can achieve success by trading.
Thank you
Thank you
But if we just rely on luck no matter how much we already earned. We will get rekt at the end because we will trust that we will always win every trade without measuring the risk. Having a risk management skills and basic technical analysis skill is needed to survive in cryptocurrency trading
it's actually normal on trading scene where everything is not turning like you have expected, you might say A stuff but it's going to be B and most of us are experiencing the same kind of result everyday, i think it would just better to not taking your emotion when taking a decision just use your open mind.
At first, you will started to be confused in everything, and will also learn to loss some of your money or the coin you are holding. We need to be careful in each trade you are doing so that by next time you will not be losing more of the money you are investing or playing. It is okay to be wrong sometimes, as long as that you will learn from it. Luck is only a secondary trait that you must have but it is . Learn from mistakes and never do it again.
it's actually normal on trading scene where everything is not turning like you have expected, you might say A stuff but it's going to be B and most of us are experiencing the same kind of result everyday, i think it would just better to not taking your emotion when taking a decision just use your open mind.
At first, you will started to be confused in everything, and will also learn to loss some of your money or the coin you are holding. We need to be careful in each trade you are doing so that by next time you will not be losing more of the money you are investing or playing. It is okay to be wrong sometimes, as long as that you will learn from it. Luck is only a secondary trait that you must have but it is . Learn from mistakes and never do it again.
Actually it is very difficult to predict the price of Bitcoin, volatility can help, but it cannot be speculated in the market in that way, there are always some ways that help to give a tendency of the movement, you may have to learn to identify them.
In the market there are people who move the market due to its high volume of money, many Bitcoins, you must try to understand the market, you can not gambling, because you lose, study a little, I recommend you read some Livermore ibros, he was A great stock market speculator and teaches many techniques that can be applied to the crypto market..
Bitcoin usually has very fast volatility and every investor analysis is incorrect when this happens. At the moment, you should stop trading during this time and find a better solution because Bitcoin will certainly be difficult to help you make good profits. However, you can choose long-term investment instead of day trading because long term investment will be better.In the market there are people who move the market due to its high volume of money, many Bitcoins, you must try to understand the market, you can not gambling, because you lose, study a little, I recommend you read some Livermore ibros, he was A great stock market speculator and teaches many techniques that can be applied to the crypto market..
Of course, the final decision is yours and needs to have a specific plan before doing this because even a small mistake will make you lose money.
Luck is very important for trading. Many can earn a lot of profit due to good luck. So I want to say that for trading, like skill, there is luck. If luck is not good then success cannot be achieved by trading. No one can control fate. So those who have good luck can achieve success by trading.
Thank you
Thank you
it's actually normal on trading scene where everything is not turning like you have expected, you might say A stuff but it's going to be B and most of us are experiencing the same kind of result everyday, i think it would just better to not taking your emotion when taking a decision just use your open mind.
At first, you will started to be confused in everything, and will also learn to loss some of your money or the coin you are holding. We need to be careful in each trade you are doing so that by next time you will not be losing more of the money you are investing or playing. It is okay to be wrong sometimes, as long as that you will learn from it. Luck is only a secondary trait that you must have but it is . Learn from mistakes and never do it again. 
Actually it is very difficult to predict the price of Bitcoin, volatility can help, but it cannot be speculated in the market in that way, there are always some ways that help to give a tendency of the movement, you may have to learn to identify them.
In the market there are people who move the market due to its high volume of money, many Bitcoins, you must try to understand the market, you can not gambling, because you lose, study a little, I recommend you read some Livermore ibros, he was A great stock market speculator and teaches many techniques that can be applied to the crypto market..
In the market there are people who move the market due to its high volume of money, many Bitcoins, you must try to understand the market, you can not gambling, because you lose, study a little, I recommend you read some Livermore ibros, he was A great stock market speculator and teaches many techniques that can be applied to the crypto market..
Stop thinking that trading is based on luck, it's based on skills, you might struggle at the start but if you will keep learning and correcting your wrong decision, you might grow and succeed in the long run.
People who are successful in trading fully relies on their skills and that cannot be achieve in just a short period of time, it will take a lot of time to practice before you master it, that's the thing you should do, be realistic and focus on what you do.
People who are successful in trading fully relies on their skills and that cannot be achieve in just a short period of time, it will take a lot of time to practice before you master it, that's the thing you should do, be realistic and focus on what you do.
If you are not lucky in trading it should be a big lesson for you to stop. If you want to earn for long term try to invest bitcoin and hold until it goes up. Somehow it can help you to manage and watch the flows of the market.
I think it's better to review @OP's strategy. Sometimes trading needs your focus and passion plus the knowledge doing it. But sometimes even if you are doing your best, the outcome does not come out as expected. That's why its better to always learn those different technical analysis tools.
Suggest for OP : Since you are buying and selling like big amounts 0.8 BTC just save them until the next halving occurs and you will thank me later, don't aim smaller profits just wait and grab the big fish.
Note : just my opinion please note there are always risks involved in holding too.
Trading is not main for everyone because if you cannot discover what you are doing wrong that is making you to be making losses since you have started trading crypto currency till date then you just have to quit trading and look for something else doing that will make money.
Exactly. There are really individuals who cannot trade successfully and end up losing most of the time. I suggest that you should take a break first and find some other way how to make an income from crypto. I know there are a lot of ways in crypto, only you should be explore the crypto world. Exactly, if we don't find anything profitable through trading, we should deviate our interest to others where we can make money. There are many other ways where we can make money because sometimes it is very hard to find those activities. Every time it is impossible for us, to keep on investing in different investments.
Trading is not main for everyone because if you cannot discover what you are doing wrong that is making you to be making losses since you have started trading crypto currency till date then you just have to quit trading and look for something else doing that will make money.
Exactly. There are really individuals who cannot trade successfully and end up losing most of the time. I suggest that you should take a break first and find some other way how to make an income from crypto. I know there are a lot of ways in crypto, only you should be explore the crypto world. Exactly, if we don't find anything profitable through trading, we should deviate our interest to others where we can make money. There are many other ways where we can make money because sometimes it is very hard to find those activities. Every time it is impossible for us, to keep on investing in different investments.
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