I fail in trading - page 25. | Bitcointalksearch.org

pinoyden

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Quote from: rebrik7 on November 20, 2018, 04:39:49 PM

With current situation most traders was failed, I think. Liquidated, loose their deposits.
It's so hard to keep calm in such market, when ours main asset BTC loose almost $2k from price in only 2 days..I'm even don't want to talk about most of altcoins. Because with these assets, the situation is much worse than with Bitcoin.

not only on this current situation but also when the price was in good condition . we people always experience to loose because it is really hard to predict the flow of the market but that shouldnt be considered as a big thing because loosing is pretty normal in any kinds of business .

Anyway , btc isnt my main asset when i do trade because btc is only good for investing purposes . i dont also agree that altcoins situation is much worse because altcoins are only have a small base value when compared to btc .

Fulmand

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Quote from: jamids on November 20, 2018, 08:55:37 AM

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.

Failing or losing is part of learning and in that way, you would grow if you would just learn from what you did and think of ways on how you can improve it. All of us are newbies and then those who persevere eventually succeed because they don't easily give up and would continue to strive hard. Every time they would fail, they would come back stronger. You learn by watching videos, by reading or if you are really serious in doing this professionally in the future then it would be better to have a mentor because your learning curve would be lessened.

If we fail, then we should recover what has been lost and I am pretty sure that it's the best ways to deal with our failures. However it made us strong most of the time, so it provides us more experience and knowledge.

drachman

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Quote from: Magkirap on November 14, 2018, 09:58:47 AM

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.

I also failed in trading and I think that my first ever trading which I lose $200. After I lose $200 I do plan that I will gain the money that I have lose so that I do hard work and I watch some videos on how to become wise and good trader. Every trader have failed trade it is normal and I think once you failed you will know what mistake you have done and because of that next time you do trading you will not failed because you already know your mistake.

If those 200 where all the capital that you were willing to lose when you are trading then it is worrying that you lost it all, but if in fact you have a larger capital and that was a small loss then that should be expected because there is no trader that wins every single trade, as long as you are profitable losing some trades once in a while is completely understandable.

rebrik7

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With current situation most traders was failed, I think. Liquidated, loose their deposits.
It's so hard to keep calm in such market, when ours main asset BTC loose almost $2k from price in only 2 days..I'm even don't want to talk about most of altcoins. Because with these assets, the situation is much worse than with Bitcoin.

nicolas1979

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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.

Fail is part of risk and take it as challenge is the right step to get success. I only have one advice for you, believe in you and never break your own rules. Success is not easy but follow our rules is the best key to get success. I believe you already know what you need but you never learn something new as challenge. Stay focus and good luck to you.

nuamah

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Failing is part of succeeding in the trading platform. There are simple principles that can guide you. For instance, "buy when cheap and sell when price goes up". You wouldn't always get things going the way you want. Even weather forecasters gets it wrong at times. Patience is a key trait in trading. Never invest more than you can afford to lose. You can get a lot of tips from experts.

Dudeperfect

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It is a positive sign that you have failed in your initial phase because when you start with the low amount of capital. You can afford to lose money on that level because ultimately it gives some knowledge and experience of wild behaviour of the market. You cannot afford to make mistakes when the invested capital is high in volume. Thus, I would suggest retrospection of the decisions and start with the lowest possible amount and try to correct the mistakes. Do not forget to do your own research and build own trading strategies based on your experience and understanding.

jamids

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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.

Failing or losing is part of learning and in that way, you would grow if you would just learn from what you did and think of ways on how you can improve it. All of us are newbies and then those who persevere eventually succeed because they don't easily give up and would continue to strive hard. Every time they would fail, they would come back stronger. You learn by watching videos, by reading or if you are really serious in doing this professionally in the future then it would be better to have a mentor because your learning curve would be lessened.

kidflash

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Besides learning technical analysis. A trader must be up-to-date about the world of cryptocurrency. Because fundamentals have a very large influence on market price movements.

MuffinMaster

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Pepemo.vip

Quote from: baobao2000 on November 20, 2018, 08:23:16 AM

Right now is bear market, everything is go down now, I see many experience traders lose their money at moment. If you are beginner, it is better learning and watching first. Just invest small amount that you really don’t care to lose and learn your mistake for the next time.

Experienced traders playing via brokers so they can bet that the price wil go down, and they win.
Many of investors also escape with funds to ICO projects with hope of earnings in future.
But it is true, that daytrading now it is nightmare. I'm sure that most of day traders is watching charts now with hands under their a$$

Maricel2017

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Quote from: baobao2000 on November 20, 2018, 08:23:16 AM

Right now is bear market, everything is go down now, I see many experience traders lose their money at moment. If you are beginner, it is better learning and watching first. Just invest small amount that you really don’t care to lose and learn your mistake for the next time.

Agree that watch and learn could helps you to be a better trader, but this time is not good to invest due to inconsistent valye of bitcoin which is our primary coin in crypto and all coins was affected.
Also if you fail in one thing much better to left and find other things which your luck is there.

baobao2000

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Right now is bear market, everything is go down now, I see many experience traders lose their money at moment. If you are beginner, it is better learning and watching first. Just invest small amount that you really don’t care to lose and learn your mistake for the next time.

juperos

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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.

You should not trade now. Do not experience it now when the market goes downhill and it will still go down in the future. So you should wait for a better market. The technical and fundamental analysis is no longer useful, new psychological analysis is an important skill to bring money to you in the crypto market.

MasterJek

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It's ok. Even if you're a pro, there will still a time where you will loss. But to minimize loss, then study and learn how to trade. Learn the chart. For crypto trading, learn Tech analysis, fundamental analysis and sentiment analysis. You can start by learning first how volatile crypto then learn all the trading signals so you can read and understand chart and learn how crypto move and what makes it go up and down. For beginner, it's ideal to start small while you're learning then invest little by little as you learn.
It will be great to learn how to trade manually and trade with free automated trading bot that can be set up in 10 minutes. But for newbies it can be problematic.. But I adore the Trade Santa bot interface because it's easy for understanding and using.

Maslate

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Message @Hhampuz if you are looking for a CM!

Quote from: WilliamCrum on November 20, 2018, 04:52:30 AM

Quote from: francedeni on November 15, 2018, 08:54:03 AM

Quote from: Magkirap on November 14, 2018, 09:58:47 AM

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.

I also failed in trading and I think that my first ever trading which I lose $200. After I lose $200 I do plan that I will gain the money that I have lose so that I do hard work and I watch some videos on how to become wise and good trader. Every trader have failed trade it is normal and I think once you failed you will know what mistake you have done and because of that next time you do trading you will not failed because you already know your mistake.

Many of us fails in trading at first because of lack of knowledge on how to earn in crypto. That is true, trader failed but there should be determination to earn. And, always learned from mistakes so that the next time in trading it will be successful.

It has become a natural fact that whenever there is log of profit chances, there will be lot of risks as well. You must cater every single risky element to define what would be your future.

That's true, you cannot fall asleep in trading because in an instant you might loss your money or miss the opportunity to make money.
you learn as you go along, that's the thing you should do, don't think you fail because there's always a chance to improve and be consistent.

bit:boy

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many fail in business and trading but after failing some learn and do right things some leave the trading , if we dont want to fail badly its good we look at the mistakes of failed traders and learn at beginning

globeex

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Keep learning from your mistakes. Educate yourself and don’t give up

WilliamCrum

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Quote from: francedeni on November 15, 2018, 08:54:03 AM

Quote from: Magkirap on November 14, 2018, 09:58:47 AM

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.

I also failed in trading and I think that my first ever trading which I lose $200. After I lose $200 I do plan that I will gain the money that I have lose so that I do hard work and I watch some videos on how to become wise and good trader. Every trader have failed trade it is normal and I think once you failed you will know what mistake you have done and because of that next time you do trading you will not failed because you already know your mistake.

Many of us fails in trading at first because of lack of knowledge on how to earn in crypto. That is true, trader failed but there should be determination to earn. And, always learned from mistakes so that the next time in trading it will be successful.

It has become a natural fact that whenever there is log of profit chances, there will be lot of risks as well. You must cater every single risky element to define what would be your future.

izay

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I am one year in crypto industry already, I trade my hodl coins and fortunately I got learn from experience, only the basic knowledge in trading. They say buy low sell high. That is basic and that really works when your coin has a huge volume trading. The candle sticks and other determinants or any signs are not yet introduced to me. I am hoping that soon I will get to know and apply it.

gabmen

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Quote from: mung_nasib on November 18, 2018, 08:36:50 PM

Indeed to start trading you really need to understand the graph of the price of a coin at any time because with a relatively fast movement the trader must be able to maintain momentum well and certainly not suffer losses.That's where you really have to learn to trade and patience is certainly very important.

I don't much believe that anyone can really master the charts, enough that they can accurately predict a coin's direction. Being aware and understanding it's basics should be enough. Getting yourself updated with crypto news and events that may affect people's mindsets would be a better trait to have.

Topic: I fail in trading - page 25. (Read 25128 times)