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Topic: I fail in trading - page 14. (Read 25136 times)

sr. member
Activity: 882
Merit: 269
July 29, 2019, 11:56:55 AM
For some reason, I can not navigate the cryptocurrency market to engage in daily trading.  For some reason, I’m not getting profitable to buy and sell coins, and it so happens that I not only do not make a profit but also remain in the red.  How to guess the boundaries of price fluctuations for a certain coin?
You condition is not much different from what many traders are facing but what is the consolation is that in the long run you will become expert and making money through trading will become an easy thing for you. Don't be surprised that time will come that the same you will start to educate others in the future.
newbie
Activity: 38
Merit: 0
July 29, 2019, 09:50:42 AM
I’m sorry that you’ve faced such a pity situation. Nevertheless, keep on trying, and don't stop once you failed. Yeah, it's important to know the basics, but put the knowledge you received into practice. Also, you may try using some crypto bots or info bots that will carry informative and monitoring function. For example, maybe trading well be an easier task for you with CEX Info Bot for myself — https://t.me/CexIoInfoBot. In addition, I like that it informs about price movements and market changes. Maybe, you need something like this as well, who knows.
full member
Activity: 560
Merit: 101
July 14, 2019, 11:57:05 AM
A failure may be a normal thing in trading because of that failure we can learn to be better in the future in trading, maybe the way you do is right but you have to be more careful in choosing coins to trade and again the graph does not always determine success and  whether we trade
full member
Activity: 375
Merit: 100
Adoption Blockchain e-Commerce to World
July 14, 2019, 08:47:43 AM
I believe that there are a lot of people here in crypto world who also experienced to fail in trading, because trading is not easy to do it requires patience and to avoid failing in trading we also need to be smart and we should learned from our past mistakes in trading and makes it motivation to became successful.
jr. member
Activity: 89
Merit: 2
July 14, 2019, 01:36:23 AM
The majority of traders don’t adjust their strategies depending on conditions, and they don’t monitor the strategy they use. Consistent speculators don’t just adjust strategies but also follow the performance of the strategies they use, not only in testing before they use them but in real time.
Read the full blog here

https://www.altcoinsidekick.com/blog/ninth-ground?SQF_PAGE=ninth-ground
It’d definitely help you out. 
jr. member
Activity: 159
Merit: 1
July 13, 2019, 02:17:18 PM
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.


It's obvious you're just starting and ready to continue tipl you start making profit which is a good thing and shows determination. However, trading is not a child's play. It requires so much research and study with unlimited patience. You need to first research generally on tokens and narrow it down to  a few that you will invest on. You then do a deeper research on which of them will be profitable based on different factors. This way, your risk and loses is minimised.
member
Activity: 686
Merit: 30
July 13, 2019, 12:08:04 PM
unless you'r genius failing on first attempt is normal , just feel it and try improve what wrong with that falil , i cant say what wrong with you because
idont know how you do it , but learn from mistake is the best way to get though it
member
Activity: 334
Merit: 15
First 100% Liquid Stablecoin Backed by Gold
July 13, 2019, 09:01:29 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.
full member
Activity: 1251
Merit: 103
Buzz App - Spin wheel, farm rewards
July 12, 2019, 06:02:48 PM
If we fail in trading, that's our biggest challenge to resolve personally. We cannot blame other people for that mistakes we did on trading badly.
Strive harder and do deep research that will eventually teach you more ideas to handle decision making. Because that's very important for every person who need to revive himself from being emotional in the midst of failure.
member
Activity: 420
Merit: 12
Globe-dex.com
July 12, 2019, 05:01:00 PM
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 the 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 failed. There is something I don’t know? Please tell me more.

One thing you need to know is: trading is not meant for everyone and secondly is not always a win-win when it comes to trading you really have to put in all it takes to make it out and thirdly the market trend is what will also determined. Now if you have these aspects like; how to cut out your loss and risk management with the rest definitely you won't lose in which if you are to lose it won't be that much.
sr. member
Activity: 1204
Merit: 272
1xbit.com
July 12, 2019, 12:02:01 PM
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.


Pretty inspirational story lmao.
But to be honest,  we really learn a lot from you.
Do at first a Newbie is never an expert in trading.
So everyone makes mistakes at first.
Moreover we learn from our mistakes only.
As far as some tricks? Then I can only advice to go for stable coins. They will surely prevent you from getting into losses.
full member
Activity: 1204
Merit: 104
July 12, 2019, 11:35:25 AM
For some reason, I can not navigate the cryptocurrency market to engage in daily trading.  For some reason, I’m not getting profitable to buy and sell coins, and it so happens that I not only do not make a profit, but also remain in the red.  How to guess the boundaries of price fluctuations for a certain coin?
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
July 10, 2019, 04:46:56 AM
The difference is that a professional trader, who earns, makes fewer mistakes. In addition, the losses of a good trader are always limited, he does not stay in position for a long time if the market goes against him.

I will say why that difference also happens. Professional traders usually work for someone else. They advice and they trade even perhaps, but usually not with their own money, so this is 2 things. Firstly, discipline is easier because it is someone else's money and you get a commission of every trade win or lose. Secondly there is a motivation to do consistent and small profits because you get more clients when you are successful. And as you say they always want to be flexible and not stuck in trades.
member
Activity: 644
Merit: 10
July 09, 2019, 10:49:44 PM
Mistakes will help us to learn many new techniques in trading in trading because you can see the current situation of the market altcoin value remain the same but we are losing the value of bitcoin. In the same way, we cannot able to predict the market situation so this will give us good ideas about market situations.
sr. member
Activity: 2380
Merit: 366
July 09, 2019, 09:01:23 PM
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.


Charts are really hard to analyze. Even lots of experienced traders cannot claim expertise on charting skills. But still, you really need to study them. Plus, please appreciate fundamentals. Prices are rising and falling not because the charts say it so; it is because there are news or developments that affect the price. So you have to constantly monitor them.
sr. member
Activity: 812
Merit: 251
July 09, 2019, 08:58:33 PM
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.


Even how many times you fail, you keep continue and never stop learning mate. Show you determination, passion in it for sure in the end you will reap the hard work in the near future. Besides, you knew it already that trading requires a lot of patience so better to hold and keep that behavior to your personality.
sr. member
Activity: 910
Merit: 251
July 07, 2019, 06:27:43 PM
If you fail in trading, don't stop instead keep going dude. As a traders it is normal I think to encounter that things, just don't repeat what you did wrong in trading if ever you want to make trade again in any of the exchange, instead change your tactics anyway. Just continuous learning and explore yourself more in trading. Good luck Wink
jr. member
Activity: 392
Merit: 1
🔰FERRUM NETWORK🔰
July 07, 2019, 03:24:13 PM
The difference is that a professional trader, who earns, makes fewer mistakes. In addition, the losses of a good trader are always limited, he does not stay in position for a long time if the market goes against him.
hero member
Activity: 798
Merit: 503
July 07, 2019, 06:31:00 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.

In general, if not to consider general acquaintance in the topic of crypto currencies, then at the very beginning I just bought Bitcoin. After that I began to seriously study how to trade correctly. This decision was dictated by the fact that I believed in Bitcoin, and I just invested in it, so I didn’t have an urgent need to start trading. As it turned out later, at that moment I did the right thing, but it was just luck.
Of course, before you start trading, you need to learn what a technical analysis is and how to use it. Also understand how to use charts and charts indicators. Only after that you will be able to understand at what point it is better to buy and sell coins, and before that you simply act on luck (or failure, as in your case).
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