I fail in trading - page 19. | Bitcointalksearch.org

mirakal

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Quote from: MidnightWolf on March 27, 2019, 02:53:53 PM

Quote from: AngellSky on March 26, 2019, 03:57:18 PM

Quote from: Annalise24 on March 26, 2019, 12:58:08 PM

I think being able to analyze the market movement and read candles is crucial but first, you need to start with the basics before the analysis part.
Having basic knowledge and skills will help mitigate losses .

Currently, most traders rely on it at random, and not on their experience. By 2016, the activity of the trader was much easier than today and therefore there are very few professional ones.

The fact is that most of the earlier promising projects today show very poor results and even trading their coins in the market does not bring any income. The orders are too disadvantageous and show only opportunities for investors who now have good chances for long-term investments.

Most of the coins has no solid foundation, they don't have a working devs who have long term vision, that's why they fail.
However, we cannot deny that there are also performing coins in the market now, they maybe have down so far but in general they are profitable to invest with, and the bear market they survive because they have a working dev that does not get intimated with the market situation.

MidnightWolf

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Quote from: AngellSky on March 26, 2019, 03:57:18 PM

Quote from: Annalise24 on March 26, 2019, 12:58:08 PM

I think being able to analyze the market movement and read candles is crucial but first, you need to start with the basics before the analysis part.
Having basic knowledge and skills will help mitigate losses .

Currently, most traders rely on it at random, and not on their experience. By 2016, the activity of the trader was much easier than today and therefore there are very few professional ones.

The fact is that most of the earlier promising projects today show very poor results and even trading their coins in the market does not bring any income. The orders are too disadvantageous and show only opportunities for investors who now have good chances for long-term investments.

BigBos

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Quote from: gaston castano on March 26, 2019, 12:45:18 PM

Quote from: MuhNofa on March 26, 2019, 12:22:00 PM

all beginners in tranding must experience it, and in my opinion experience is the best science that you can absorb so you don't fail in the future, so remember to remember what you did before

I think not all beginners experience such a thing, because in my opinion failure is very closely related to luck and mentality,
so if that person can maximize their potential then he will always be successful.

well, in trading there is absolutely nothing if you don't sell it right away. a lot needs to be noticed at that time. failure in trading is indeed quite difficult to avoid. anyone who has ever traded, must have felt that. well, the only way to save it is to sell in a short time. well, failure in trading is a learning process, and experience.

arpon11

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Quote from: josephdd1 on October 10, 2018, 03:53:24 PM

As a starter in trading you have to do more than just be able to read the charts. You have to have a good general knowledge about the markets in general not just the coins you'd like to trade. This can be done from reading the news and trying to be up to date with what's happening to the market. Then you should be prepared to start trading.

Reading the news is part of trading and ib a truth we are maditted to research enough and think before investing or place a trade because it is more possible to fail in trading than succeeding.
I keep telling people that it is very important you hold on placing that trading position that you are not 50% sure it will succeed because you Only lose when you are in the market.
If you want to succeed in trading it is equally important that you understand the technical and fundamentals analysis and how to combine both technical and fundamentals indicators for proper trading decision making.

AngellSky

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Quote from: Annalise24 on March 26, 2019, 12:58:08 PM

I think being able to analyze the market movement and read candles is crucial but first, you need to start with the basics before the analysis part.
Having basic knowledge and skills will help mitigate losses .

Currently, most traders rely on it at random, and not on their experience. By 2016, the activity of the trader was much easier than today and therefore there are very few professional ones.

Annalise24

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Atronocom

I think being able to analyze the market movement and read candles is crucial but first, you need to start with the basics before the analysis part.
Having basic knowledge and skills will help mitigate losses .

gaston castano

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Quote from: MuhNofa on March 26, 2019, 12:22:00 PM

all beginners in tranding must experience it, and in my opinion experience is the best science that you can absorb so you don't fail in the future, so remember to remember what you did before

I think not all beginners experience such a thing, because in my opinion failure is very closely related to luck and mentality,
so if that person can maximize their potential then he will always be successful.

Dr.Osh

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Quote from: MuhNofa on March 26, 2019, 12:22:00 PM

all beginners in tranding must experience it, and in my opinion experience is the best science that you can absorb so you don't fail in the future, so remember to remember what you did before

failure in trading is a natural thing, especially for a beginner. well, even people who have often traded cannot avoid failures in trading. therefore, make it a lesson, and form a new personality.

MuhNofa

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all beginners in tranding must experience it, and in my opinion experience is the best science that you can absorb so you don't fail in the future, so remember to remember what you did before

quality.crypto

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Every trader will fail to make money in many cases but it does mean that they failed to make money through trading, while trading we need to have enough patience in order to control our emotions when the market situation is completely in downtrend instead of selling them for loos. People who wait for market recovery will always make plenty of money.

richcorner100

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I also failed in trading and learn from that loss, i keep learn to know what is my mistake and which best strategy for that. My mistake is too greedy, i dont have enough risk management and dont have skil to analysis the trend of market.

superscommessebitcoin

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You have no idea how long it took me to trade at a profit. At first I lost money because of ignorance. But then I decided to devote more time to the study of theory, and then again to practice.

onecall123

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Quote from: yvesp110 on March 17, 2019, 02:43:22 PM

Quote from: Dilladupak on March 16, 2019, 09:49:56 PM

I think if you go into trade, I think you also have a lot of research and are also good at choosing coins whose potential is increasing, I think you will also be easy to succeed to make a profit

Yes good knowledge is one of important rule to start trading and in starting every trader will have to face failures but with time they use to learn the same way, I would suggest new traders before getting in market make sure you are well aware of trading rules and you got enough information after passing through deep research about trading.

Exactly! without disappointments you basically don't get the market sentiment to deal further, even you never know how to respond during the bear or bull season. At that point you may anticipate a boost in price and awareness. Continually dealing with getting the new data and move toward otherwise not only you lose money, but you'll lose the whole thing.

Ezenwanyi1

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Veil

I believe you fail in trading probably because of your lack of required trading skills like you just said.
To be successful in trading, there's the need to acquire some basic knowledge about how trading is done.
It must not be the technical analysis or candle reading.
Just learn the basics and upgrade gradually from there.
Wish you luck.

BeGoods

legendary

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Quote from: sempak on March 16, 2019, 10:38:21 PM

all must have failed, it would be an experience for us to be more careful in carrying out buy order positions because we usually do not observe further in making these decisions

I have experienced a loss of more than 0.1btc in just single trade, thats shame, because my mistake is holding on for too long,
everyone has experienced a failure and the wrong choice, but after that of course you will get important lessons, just enjoy the learning process mate..

shesheboy

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Quote from: zhekinsp on March 17, 2019, 09:48:54 AM

Just doing it once or few times is not going to get better you at trading,you need to make it many times to understand and learn from the mistakes then only you can think about being a successful crypto trader.

Yeah practice makes perfect . if we want to be perfect then we need to keep on trying and practicing but that is not easy as what we do on other activities because here in crypto the market is unpredictable . no matter how you master your skills , the outcome can still differ

Quote from: kkaroul4 on March 17, 2019, 09:55:51 AM

failure is not the end of your journey in trade because everyone who has been successful in trading has never experienced a failure. so with the failure it will be our lesson to correct mistakes that have been made

Succesful traders never experienced a trader ? Did i read it right or that was only a typo ? Success do always starts at failures . sucesful people are not born but they are made . at some point of their lives they do also experience to loose alot more than what we loose before they achieve their success .

whirlcoin

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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.

for this situation a statement I remember Failure is a stepping stone to success this statement is apt for this situation because everyone had failure in sometime in training it cannot be rejected by anyone so if you fail in trading analyse why we are not successful if you find the reason after that you cannot made a mistake again.

hahay

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I think your way to get started is correct and you just have to fix it to not repeat it later, if you realize it deeper maybe there is still panic or your control is still not good so that panic makes you lose money in trading. If you are able to read the chart then I'm sure you have understood when to sell and buy, maybe you are affected by negative issues or whatever, realize more in every mistake if you want to keep going by fixing every failure you have experienced.

yvesp110

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Quote from: Dilladupak on March 16, 2019, 09:49:56 PM

I think if you go into trade, I think you also have a lot of research and are also good at choosing coins whose potential is increasing, I think you will also be easy to succeed to make a profit

Yes good knowledge is one of important rule to start trading and in starting every trader will have to face failures but with time they use to learn the same way, I would suggest new traders before getting in market make sure you are well aware of trading rules and you got enough information after passing through deep research about trading.

whaawh

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Quote from: ranman09 on March 17, 2019, 10:19:10 AM

Just like any beginner at first, I thought that if I just learn everything then I will not fail and riches will come to me fast. I was wrong. The secret is actually how you are built. You will need to first build yourself. Build self-esteem and most importantly understand that "success is built from learning on failures".

I would suggest OP and anyone print that quote or something like that and read and internalize every time you start and end your trading session. It will surely help.

In any case, first of all, you need to realistically assess your chances and not chase after a fresh profit, and then the results will be better. As they say, no need to be greedy. Of course, for a beginner, the most important thing is to get experience and you need to understand that even a negative result is also a good experience.

Topic: I fail in trading - page 19. (Read 25112 times)