I fail in trading - page 2. | Bitcointalksearch.org

Quidat

hero member

Activity: 2702

Merit: 540

DGbet.fun - Crypto Sportsbook

Quote from: otundebis on September 28, 2021, 02:34:03 PM

More than 95% of traders fail in the first five years of their trading career, trading abilities comes with experience and after many losses. Trading Cryptocurrency is not for everyone, if you however continue to learn and be confident in your own abilities trusting you will be able to do what is needed to be done without hesitation, you will eventually be successful!

I hear this up on forex trading but i dont know on what are the chances here on crypto market but basing with unpredictability and volatility alone then i wont be surprised that it would really
takes years before you could really make yourself effective or sustainable on this market.Fails and mistakes are very common which you shouldnt really make out some conclusions on quitting
directly just because you had lost up money in your few trades.This isnt something that you could get on very first few tries.This would involved lots of trials and errors.

ardentvolcanoes

sr. member

Activity: 1050

Merit: 252

Quote from: Cadaver20 on September 28, 2021, 11:57:31 AM

Gaining experience about trading can be a bit of a loss at first. However, it will not be the case. Because those who stick will one day be experienced traders. One day they will become successful traders by following their new strategy.

Those who continue and not to be bothered by that loss will earned knowledge that will help and guide them to a much better trading experienced.

Just like you said, one day they'll be more successful since they treat that loss as learning path for betterment of their trades.

Quote from: otundebis on September 28, 2021, 02:34:03 PM

More than 95% of traders fail in the first five years of their trading career, trading abilities comes with experience and after many losses. Trading Cryptocurrency is not for everyone, if you however continue to learn and be confident in your own abilities trusting you will be able to do what is needed to be done without hesitation, you will eventually be successful!

Not for everyone who don't have the courage and will to deeply understand this venue of investment,

High risk but the rewards is very decent if you compare things to other venue of investment, you need

to allow knowledge and skills to develop, not an easy task but if you are keen you'll attained success.

otundebis

full member

Activity: 630

Merit: 100

More than 95% of traders fail in the first five years of their trading career, trading abilities comes with experience and after many losses. Trading Cryptocurrency is not for everyone, if you however continue to learn and be confident in your own abilities trusting you will be able to do what is needed to be done without hesitation, you will eventually be successful!

Alisha FR

full member

Activity: 868

Merit: 106

Quote from: borovichok on September 09, 2021, 05:17:11 PM

Quote from: ItsCrafty on August 28, 2021, 06:28:58 AM

Trading need experience and experience comes with trying again and again, by buying only one coin and failing in that doesn't means you are a good trader, as i have lot of trader which are my friends but they didn't have that much experience even they are earning, but sometimes they made losses which hurts them a lot. This is only lack of experience and not having much patience.

Trading again and again without making profit is the worse cause you are losing money in the process and may end up being broke, people are only advice to go into trading with much experience and Trading shouldn't be seen as only source of income or a profession, it not something you keep trying without profit

That's right, don't make trading your main source of income. The risk of loss can come at any time, so it is not natural for people not to have other real jobs. Talking about trading again and again will make bigger losses, actually to start trading next do a better analysis. Of course, people who are able to analyze it already know the strength of the market and skills in trading. What needs to be removed is the mindset of getting rich quick in crypto, nothing is instant because everything requires process and patience.

Cadaver20

sr. member

Activity: 1582

Merit: 264

Next Generation Web3 Casino

Gaining experience about trading can be a bit of a loss at first. However, it will not be the case. Because those who stick will one day be experienced traders. One day they will become successful traders by following their new strategy.

Masplanc

member

Activity: 798

Merit: 34

Quote from: whitemigos on October 10, 2018, 09:07:56 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 you to improve in trading you need to learn and read articles about trading, meet those who have been into trading for longtime to put you through on trading, their experience. Don't rush into trading, learn first and with time you will become good in trading.

Hobo66

hero member

Activity: 1344

Merit: 502

For the beginners, there are so many difficulties in trading. There are so many reasons as a result of which the beginners fail in trading. The traders many not use stop loss as a result of which they cannot overcome their losses. Most important thing to be successful in trading is trading plan and trading strategies. As the beginner don't know about it, so they lose money. But with the passage of time every trader become experienced in trading.

nur rochid

full member

Activity: 1050

Merit: 100

Quote from: South Park on September 23, 2021, 05:59:29 PM

Quote from: Mkmanik on September 19, 2021, 11:48:37 PM

Quote from: martina14 on September 17, 2021, 11:00:51 AM

Fail in trading here in cryptocurrency I think is just a normal aspect for the traders here in my own little way.
Because, even the expert one faced this kind of loss. That is why risk management is useful for this matter especially to all
traders who made most of the time trading in any of the exchange we got here in crypto space.

Most of the people lost their money in the cryptocurrencies trade, I saw an article where I found 90%-95% of people lose their money in cryptocurrencies trade. Only 5%-10% of people can able to make a profit in the crypto trade. Trading is very risky, People join trade to make money. But lastly, they lose their capital here. They don't want to educate themselves. They just want to make money so why do they lose here.

If someone wants to do trade, I suggest trying to learn first Technical analysis, fundamental analysis, Risk management, ETC. All of them will be helpful for her to take a trade. Without good risk management, no one can able to survive in trade. Surviving is the most important thing in trade.

This is in fact true in all the markets, very few people can obtain profits when they trade which is why many people in this forum recommend newbies to become long term holders at first, after all anyone that held their coins for more than a year is in profits right now, only those that invested near the all time high have some losses, and once they get profits this way then and only then they could consider a career as traders, but most newbies never listen and they suffer the consequences of it.

In trading the problem is very complex, but if we don't learn it, we will never know. Therefore, beginners who have high spirits, must learn to use a small amount of capital to trade according to their wishes, so that over time they will understand the obstacles in trading, even though they lose money while learning to trade, but this is a meaningful lesson. and of course most of the other capital is used for long-term investment

Quidat

hero member

Activity: 2702

Merit: 540

DGbet.fun - Crypto Sportsbook

Quote from: South Park on September 23, 2021, 05:59:29 PM

Quote from: Mkmanik on September 19, 2021, 11:48:37 PM

Quote from: martina14 on September 17, 2021, 11:00:51 AM

Fail in trading here in cryptocurrency I think is just a normal aspect for the traders here in my own little way.
Because, even the expert one faced this kind of loss. That is why risk management is useful for this matter especially to all
traders who made most of the time trading in any of the exchange we got here in crypto space.

Most of the people lost their money in the cryptocurrencies trade, I saw an article where I found 90%-95% of people lose their money in cryptocurrencies trade. Only 5%-10% of people can able to make a profit in the crypto trade. Trading is very risky, People join trade to make money. But lastly, they lose their capital here. They don't want to educate themselves. They just want to make money so why do they lose here.

If someone wants to do trade, I suggest trying to learn first Technical analysis, fundamental analysis, Risk management, ETC. All of them will be helpful for her to take a trade. Without good risk management, no one can able to survive in trade. Surviving is the most important thing in trade.

This is in fact true in all the markets, very few people can obtain profits when they trade which is why many people in this forum recommend newbies to become long term holders at first, after all anyone that held their coins for more than a year is in profits right now, only those that invested near the all time high have some losses, and once they get profits this way then and only then they could consider a career as traders, but most newbies never listen and they suffer the consequences of it.

Most of us do really have that kind of perception towards trading but once we do know on how reality works then it would really be a frustrating thing to know but you would really need to be sustainable no matter what the
cost and failures are just part of the learning process and if you dont really take this one seriously then you would really be finding this to be a big problem. You wont succeed if you do easily quit.
Failures are stepping stones for you to make yourself better and try to analyze as best as you can.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: Mkmanik on September 19, 2021, 11:48:37 PM

Quote from: martina14 on September 17, 2021, 11:00:51 AM

Fail in trading here in cryptocurrency I think is just a normal aspect for the traders here in my own little way.
Because, even the expert one faced this kind of loss. That is why risk management is useful for this matter especially to all
traders who made most of the time trading in any of the exchange we got here in crypto space.

Most of the people lost their money in the cryptocurrencies trade, I saw an article where I found 90%-95% of people lose their money in cryptocurrencies trade. Only 5%-10% of people can able to make a profit in the crypto trade. Trading is very risky, People join trade to make money. But lastly, they lose their capital here. They don't want to educate themselves. They just want to make money so why do they lose here.

If someone wants to do trade, I suggest trying to learn first Technical analysis, fundamental analysis, Risk management, ETC. All of them will be helpful for her to take a trade. Without good risk management, no one can able to survive in trade. Surviving is the most important thing in trade.

This is in fact true in all the markets, very few people can obtain profits when they trade which is why many people in this forum recommend newbies to become long term holders at first, after all anyone that held their coins for more than a year is in profits right now, only those that invested near the all time high have some losses, and once they get profits this way then and only then they could consider a career as traders, but most newbies never listen and they suffer the consequences of it.

bitcoinst

hero member

Activity: 1708

Merit: 651

SmartFi - EARN, LEND & TRADE

Quote from: Sweetbtc on September 09, 2021, 01:22:01 PM

All of these that you mentioned are very important in trading because these all factors are related to trading in some aspects as well whether you are buying and selling some of the coins or want to make a stop loss on coins, but i want to add in between these strategies that risk management is also important as well.

By and large, risk management is fundamental. Even with good control of your emotional state, but without risk control, you will be a loser, and vice versa, by controlling risks, you can compensate for deficiencies in other areas.

carrigan

member

Activity: 728

Merit: 12

Everything you know is correct. What is usually difficult to do is to control emotions well because market conditions continue to experience ups and downs. You need to prepare a strategy so that when dealing with the market you are not confused. In addition, before you decide to enter the world of trading, you must really understand cryptocurrencies and learn little by little to analyze the market. If you are sure I suggest taking a small capital first so that when you experience a loss you will not lose a lot of money. Now from the losses you have experienced, you must also be able to learn from the mistakes you have made so that in the future it does not happen again and you can trade better.

gabbie2010

sr. member

Activity: 2842

Merit: 326

Vave.com - Crypto Casino

Quote from: Mkmanik on September 19, 2021, 11:48:37 PM

Quote from: martina14 on September 17, 2021, 11:00:51 AM

Fail in trading here in cryptocurrency I think is just a normal aspect for the traders here in my own little way.
Because, even the expert one faced this kind of loss. That is why risk management is useful for this matter especially to all
traders who made most of the time trading in any of the exchange we got here in crypto space.

Most of the people lost their money in the cryptocurrencies trade, I saw an article where I found 90%-95% of people lose their money in cryptocurrencies trade. Only 5%-10% of people can able to make a profit in the crypto trade. Trading is very risky, People join trade to make money. But lastly, they lose their capital here. They don't want to educate themselves. They just want to make money so why do they lose here.

If someone wants to do trade, I suggest trying to learn first Technical analysis, fundamental analysis, Risk management, ETC. All of them will be helpful for her to take a trade. Without good risk management, no one can able to survive in trade. Surviving is the most important thing in trade.

A lot of people fail in trading because of lack of adequate knowledge in TA, fundamental analysis etc as you mentioned, they rushed into trading with a mindset of earning massive profits within the shortest period of time, thus trading with high leverages consequently got liquidated, thosee category of traders constituted the majority of losers.
Perseverance, patience and learning by acquiring all the necessary skills is a major prerequisites towards becoming a successful trader, unfortunately a lot newbie trader don't want to pass through this learning process.

Mkmanik

hero member

Activity: 986

Merit: 516

Quote from: martina14 on September 17, 2021, 11:00:51 AM

Fail in trading here in cryptocurrency I think is just a normal aspect for the traders here in my own little way.
Because, even the expert one faced this kind of loss. That is why risk management is useful for this matter especially to all
traders who made most of the time trading in any of the exchange we got here in crypto space.

Most of the people lost their money in the cryptocurrencies trade, I saw an article where I found 90%-95% of people lose their money in cryptocurrencies trade. Only 5%-10% of people can able to make a profit in the crypto trade. Trading is very risky, People join trade to make money. But lastly, they lose their capital here. They don't want to educate themselves. They just want to make money so why do they lose here.

If someone wants to do trade, I suggest trying to learn first Technical analysis, fundamental analysis, Risk management, ETC. All of them will be helpful for her to take a trade. Without good risk management, no one can able to survive in trade. Surviving is the most important thing in trade.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: dunfida on September 14, 2021, 04:59:34 PM

Quote from: South Park on September 14, 2021, 04:51:46 PM

Quote from: borovichok on September 09, 2021, 05:17:11 PM

Quote from: ItsCrafty on August 28, 2021, 06:28:58 AM

Trading need experience and experience comes with trying again and again, by buying only one coin and failing in that doesn't means you are a good trader, as i have lot of trader which are my friends but they didn't have that much experience even they are earning, but sometimes they made losses which hurts them a lot. This is only lack of experience and not having much patience.

Trading again and again without making profit is the worse cause you are losing money in the process and may end up being broke, people are only advice to go into trading with much experience and Trading shouldn't be seen as only source of income or a profession, it not something you keep trying without profit

It depends, as a trader experience is also very valuable, if a person can trade a whole year and only suffer loses between a range of 0% to 20% then to me they are on the path to success, they only need a few adjustments to their strategy to go from losers to winners, after all we must remember that while the whole point of trading is to obtain profits at the same time there is nothing like learning by trading for real and someone that has lost some money but not much is a prime candidate for success.

Failures is one of the recipe on making yourself even more better with trading.You cant really start up on being a pro directly which simply means that you would definitely experience lots of losses before you could make

yourself to be a better trader because it is way just too impossible that someone could start up on knowing everything thats why you should really accept those losses and try to analyze on where you do get wrong

and try to reverse those strategies and see if its working and if its not then try another then this is really involving lots of trials and errors.

Exactly people see a loss of money as a tragedy that it must be avoided at all costs, however if you learn from the experience and you become a better trader and the loss was small then you are slowly but surely approaching the moment in which you will win more than what you lose, this is why it is a mistake for newbies to trade with no money management strategy, they could become successful given enough time but since their losses are so big by the time they learned some important lessons the damage to their capital is so big that their level of skill as traders becomes irrelevant.

martina14

full member

Activity: 1190

Merit: 111

Fail in trading here in cryptocurrency I think is just a normal aspect for the traders here in my own little way.
Because, even the expert one faced this kind of loss. That is why risk management is useful for this matter especially to all
traders who made most of the time trading in any of the exchange we got here in crypto space.

Luzin

hero member

Activity: 1400

Merit: 770

Quote from: ?? on ??

After failing in a trade I ask myself why failed then find the answer to why failed we constantly look for weaknesses in the previous trade and how to make a profit in the next trade.

Being a person who never goes wrong in trading is impossible. Losing money and failing is a process in trading. But if you've learned and always fail that's a problem. You seem to have to do an evaluation.

At the beginning I started trading was using 10$ in 2015, I kept trying to multiply my money by trading. Yes, there are times when I am wrong and there are times when I am lucky, and there are times when I am right in analyzing the market. The most difficult thing right now is controlling emotions.

sherenikaw

member

Activity: 630

Merit: 10

rocket.hashbon.com

it's normal if we experience failure in trading, especially for a beginner. it's just that if we often experience losses of course it's also not good and we need to question our knowledge and skills about trading. In trading, we also have to mentally prepare strongly so that when we fall, we can accept it and not get caught up in emotions. make it an experience and get up with enthusiasm and new experiences. nothing is in vain if we are willing to try and be patient.

Kinghunter0071

newbie

Activity: 28

Merit: 3

That's because you don't follow the rules in trading the management of trading. This brings us to the single biggest reason why most traders fail to make money when trading the crypto market lack of knowledge. More importantly, they also implement strong money management rules, such as a stop-loss and position sizing to ensure they minimize their investment risk and maximize profits.

djgtr

sr. member

Activity: 951

Merit: 250

Quote from: whitemigos on October 10, 2018, 09:07:56 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.

We have different way of trading and we have our natural way of trading to gain profit. There are a lot of guide in social media or even in Google you can search them all. But you have to do understand that in trading we will normally loss at first because we are in a learning stage. But losing is the number one factor that affect your ability from poor to expert trader. So I suggest to only used an amount that you can afford to loss when you are still a newbie.

Topic: I fail in trading - page 2. (Read 25136 times)