I fail in trading - page 13. | Bitcointalksearch.org

LUCKMCFLY

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: Janation on September 15, 2019, 05:44:46 AM

Quote from: milandres0207 on September 13, 2019, 08:11:16 AM

Before we become successful in trading, there are lot of failures that we need to face in. Because there is no shortcut in trading mate, it needs big effort, hard work, self-control, patience and passion. So, if you failed once it means as goes by you go in trading failures always there when we do mistakes in the actual trade.

Not just trading but there are a lot of things that we will be failing and that will taught us a lesson.

A lesson that we need in able to make our mistakes correct.

If we will not be making any corrections to our past mistakes, we will never learn, we will be keeping the same strategy or things that we do that would end up to losing again.

The important thing about all this is that at the moment that there is a failure in trading the reason is known, because it is a direct learning, the bad thing is when it fails and you don't understand why ... just like when you win, You must understand why you won, it is the only way to learn from trading.

Freddy11

jr. member

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I don’t think there is any shame with failing, but it’s shameful if you are not willing to take it on and lean from. I don’t think trading is easy with Cryptos, and I prefer automatic style. I would say get bitcoin lifestyle software, which is extremely helpful especially if you lack the knowledge while it’s relatively simpler to use too. Of course, it is always great to learn to do things yourself but always important to have alternatives too, since that is how one can generate continuous income.

jakoylantern

full member

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Quote from: Janation on September 15, 2019, 05:44:46 AM

Quote from: milandres0207 on September 13, 2019, 08:11:16 AM

Before we become successful in trading, there are lot of failures that we need to face in. Because there is no shortcut in trading mate, it needs big effort, hard work, self-control, patience and passion. So, if you failed once it means as goes by you go in trading failures always there when we do mistakes in the actual trade.

Not just trading but there are a lot of things that we will be failing and that will taught us a lesson.

A lesson that we need in able to make our mistakes correct.

If we will not be making any corrections to our past mistakes, we will never learn, we will be keeping the same strategy or things that we do that would end up to losing again.

Yes, I agree not only in trading but most of all aspects. The reason why it called mistakes because we know/realized that we could perform much better correcting our past errors making or achieving us that we just do much better, and this means that we are learning to keep pushing our limits. Learning continues, and a part of learning is failing/ making some mistake. I'm sure all traders here lost a significant of money.

Janation

hero member

Activity: 1722

Merit: 528

Quote from: milandres0207 on September 13, 2019, 08:11:16 AM

Before we become successful in trading, there are lot of failures that we need to face in. Because there is no shortcut in trading mate, it needs big effort, hard work, self-control, patience and passion. So, if you failed once it means as goes by you go in trading failures always there when we do mistakes in the actual trade.

Not just trading but there are a lot of things that we will be failing and that will taught us a lesson.

A lesson that we need in able to make our mistakes correct.

If we will not be making any corrections to our past mistakes, we will never learn, we will be keeping the same strategy or things that we do that would end up to losing again.

Crypto_Emirates

newbie

Activity: 10

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milandres0207

full member

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Quote from: whitemigos on October 10, 2018, 10:07:56 AM

I’m a newbie in trading. I want to improve my trading skills. I have heard some experienced trader said that I should learn and read more before start, and also get some experience. Trading requires a lot of patience and hard work, learn about the way to analyze the price chart, when they can be able to analyze price chart they will know the best time to buy and sell and know which one is the best coin to trade…
I tried one but I falied. There is something I don’t know? Please tell me more.

Before we become successful in trading, there are lot of failures that we need to face in. Because there is no shortcut in trading mate, it needs big effort, hard work, self-control, patience and passion. So, if you failed once it means as goes by you go in trading failures always there when we do mistakes in the actual trade.

Yelobe

newbie

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I think to have good charting skills is a whole process of very long accumulated experience.c

desticy

sr. member

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www.cd3d.app

It seems to me that the best way to improve your trading skill is to create a branch in which you put all your transactions and thoughts on them.
Experienced forum traders will not pass by, and will tell you exactly what mistakes you made and how to fix them.

BitcoinNewsMagazine

legendary

Activity: 1806

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The easiest strategy to make money with bitcoin has not been trading but buying and holding for years. This takes no training, just the discipline to hold. There are advanced technical analysis strategies that have been successful at helping longer term traders move in and out of the market before a large move, when to short and when to buy back in. These models, some computerized are usually held closely. A program that can beat buy and hold is not going to be given away for free:) Most newbie traders fail at it, lose their bankroll and quit.

andreibi

legendary

Activity: 1647

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Practising Hebrew before visiting Israel

Don't worry about failing. In fact 90% of traders fail anyway. What you really need is to pick yourself up and educate yourself more. Hone your skills, do more practice trades and when you become better, you become one of the 10%.

Mark_R

member

Activity: 434

Merit: 34

Quote from: whitemigos on October 10, 2018, 10:07:56 AM

I’m a newbie in trading. I want to improve my trading skills. I have heard some experienced trader said that I should learn and read more before start, and also get some experience. Trading requires a lot of patience and hard work, learn about the way to analyze the price chart, when they can be able to analyze price chart they will know the best time to buy and sell and know which one is the best coin to trade…
I tried one but I falied. There is something I don’t know? Please tell me more.

What resources did you use?
Have you tried demo rading?
What trading style did you start with?
How much time are you spending on your trades?

Also here are the books I was starting with:
"Behavior of Prices on Wall Street"
Toby Crabel:
“Day Trading With Short Term Price Patterns and Open Range Breakout"
Murphy, John J.:
“Technical Analysis of the Futures Markets” - MUST (charts, candles, basics...)
Edwards and Magee Boston:
"Technical Analysis of Stock Trends"
Wilder, J. Welles.:
“New Concepts in Technical Trading Systems”
Dr. Elder.:
“Trading for a living”
Larry Williams:
“Long-Term Secrets to Short-Term Trading”

Driggers95

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Quote from: ?? on ??

Quote from: Iluka on October 10, 2018, 12:29:11 PM

You are not alone buddy..) many traders when begin to tade pass throug failing, its normal... i recommend you not to trede but invest in perspective coins, you will be rewarded in near future...

Most times, trading can discourage you when you keep recording losses. I realize is for people who have the heart to take risk that succeed not everybody should trade. So we have to learn better first before going in.

Failure is always a blow to the mind and makes many traders discouraged, especially new traders, they are too inexperienced in this regard, they do not realize that except for them, there are many people who fail in trading around them but the most important thing is failure and continues to be what those people do. Because behind failure are successes, stopping and bewilderment will only lower our morale, the negative is not good, go ahead and look for a better result than what we should do, no one is successful in just a few times.

Evgenklm

member

Activity: 896

Merit: 17

successful trading is hard work and luck, I have had many attempts to fail, but I do not stop and also read and try a lot.If you lost a lot, maybe you should think that it's not yours.

Julien_Olynpic

legendary

Activity: 2464

Merit: 3128

A newbie in trading needs experience, just experience. Any trader without experience is doomed to make mistakes dangerous for his deposit. I concluded that the success of most traders begins after about 10 years of trading approximately.

babysweetTiger0401

sr. member

Activity: 777

Merit: 251

Quote from: whitemigos on October 10, 2018, 10:07:56 AM

I’m a newbie in trading. I want to improve my trading skills. I have heard some experienced trader said that I should learn and read more before start, and also get some experience. Trading requires a lot of patience and hard work, learn about the way to analyze the price chart, when they can be able to analyze price chart they will know the best time to buy and sell and know which one is the best coin to trade…
I tried one but I falied. There is something I don’t know? Please tell me more.

That's right, actual trade is most effective way for you to become a successful trader. With this you can testify to others your experience.
Also you will know the feelings of winning and loss in trading. Meaning, failure in trading is just a part of it being trader in this field of industry.
You really need to know how to read the chart even basic only, how to apply patience and controlling your emotion and timing.

katerina5643

newbie

Activity: 56

Merit: 0

Quote from: Canoppo99 on July 13, 2019, 10:01:29 AM

Quote from: whitemigos on October 10, 2018, 10:07:56 AM

I’m a newbie in trading. I want to improve my trading skills. I have heard some experienced trader said that I should learn and read more before start, and also get some experience. Trading requires a lot of patience and hard work, learn about the way to analyze the price chart, when they can be able to analyze price chart they will know the best time to buy and sell and know which one is the best coin to trade…
I tried one but I falied. There is something I don’t know? Please tell me more.

Chart is important thing to analyze but there are also other things that you have to analyze as well. The fundamental of company of the coin and the changes external business environtment of that company. If you want get profit easier then you only need to wait until the trend of the market is positive.

Making mistakes is okay.Chart and analysis are the main things that should be considered when you're trading.So don't give up and try one more time.I can suggest you to trade on Monfex.It's a very conveniet platform and will be suitable both for pro traders and beginners

voltesbit777

sr. member

Activity: 910

Merit: 251

This is the problem of many here in crypto business industry, most of the time newbies thought that trading is an easy things were you can able to get profit immediately, but they are totally wrong with it. It is a matter that one of the factor that we need to patience, and have a self-control so that our emotions won't able to control us every time the market was in bad shape.

btc-facebook

legendary

Activity: 1862

Merit: 1015

trading management, you have to learn about it,
at least that's all for beginners so they don't make the wrong decision when trading.
if trading management still doesn't understand, it will be difficult to trade calmly and patiently.

Faxmate

sr. member

Activity: 1071

Merit: 253

Quote from: Cryptostudio.info on July 30, 2019, 10:17:41 AM

I've lost a lot in various projects and I think the best thing is to keep your bitcoins by investing only in very serious projects and always investing in the long term, never expect to earn in two days

Yeah investing and trading your money for long term is the best thing because it gives an opportunity to gain profit from trading. Before getting in trading search from Google or from bitcointalk.org to find good website and be free from all kind of scamming projects get some coins and trade for long term it will help you not to lose anything.

Cryptostudio.info

jr. member

Activity: 98

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I've lost a lot in various projects and I think the best thing is to keep your bitcoins by investing only in very serious projects and always investing in the long term, never expect to earn in two days

Topic: I fail in trading - page 13. (Read 25102 times)