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Topic: I fail in trading - page 36. (Read 25128 times)

member
Activity: 378
Merit: 13
October 17, 2018, 09:23:21 AM
You said it yourself. You are a newbie. What do expect from being a newbie? Huge profits? You will need to learn first. See how the market works. Start with small investment. Try experimenting in different ways. You might not be making profits at first which is quite normal since you are new. Just learn from your mistakes and try not to make the same mistake once again.
Every newbie should always know that one thing about learning is that you can never take it for granted. It is not about learning just some few things about indicators, and thinking you are set to start making market decisions, but there is absolutely more to that.

We are in a market where nothing is predictable and if you do not have the knowledge, discipline and confidence to guide you, you are going to flop and fail badly.

It is a normal thing to get emotional at first even after learning a lot which is the reason why it is always reasonable to at least get yourself confident in your decision making skills with trading the demo funds.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
October 17, 2018, 08:41:34 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 all experienced failure in trading because this is the most riskiest area of profiteering here in cryptocurrency but this is also the most profitable

You need long time before entering this risky part of crypto,Dont rush theres a right time to engagement so for now just keep on learning and stay knowledgeable
member
Activity: 336
Merit: 10
October 17, 2018, 08:32:39 AM
My trading experience was not that good too. But I am learning on it. It just make me sad whenever I made the wrong choice or wrong decision but in the end, every mistakes are a learning experience.
full member
Activity: 506
Merit: 101
1 & 0 😏
October 17, 2018, 08:15:35 AM
What you need to know, it is not enough to lose once to give up crypto trade, if you want to be really busy with trading. Because you won't always be able to earn in trade and think that loss has taught you something new.
member
Activity: 429
Merit: 10
October 17, 2018, 07:58:01 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.


If you're newbie in trading keep watching altcoins price and read lots of us advice here if you want a safe trade for your funds.
sr. member
Activity: 868
Merit: 259
CryptoTalk.Org - Get Paid for every Post!
October 17, 2018, 03:59:51 AM
I’ I have heard some experienced trader said that I should learn and read more before start, and also get some experience.

That is the way to success in any venture.
There are lots of helpful information and tips here.
There are also videos on YouTube. You can use 'trading for beginners as a search word'.
Consume as much knowledge as possible.

Experience can only come with practice, and you would probably boy like to lose while learning (this us sometimes inevitable). You can practice using demo trading.
Demo trading can only be helpful of you handle it with as much seriousness as you would when live.
Do no fund more than you actually can.
If you plan to be a $50 trader (for a start) then practise with that amount. And learn how to manage it.


I tried one but I falied. There is something I don’t know? Please tell me more.


A lot if traders failed at some point, but those were steps on the road to success.
• look for where you went wrong
• Change a strategy that doesn't work
• Look for an alternative
• And never make excuses, ever.
• Always invest what you can afford to lose
• And plan for the long-term, I believe you would want to be an established trader,  and not just stumble on a few profits amidst losses.
Have a game plan, and stick to it. That way you can more easily take losses and errors as lessons and not the end of the road.

I'm agree with any word.
Not so long time ago I decided to start trading, and lose almost $2k in first few months.
I made a lot of mistakes, and was also very subject to emotions. Trading on emotions is what makes you lose money.

Then I maid a pause, studied a lot of literature. Choose on several trading strategies, and everything began to go smoothly.
It is still very important to decide which trading style you will use, since each has its own rules and features.
hero member
Activity: 1456
Merit: 567
October 17, 2018, 03:51:16 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 coins did you trade? It will be really difficult to predict and trade altcoins because there are too much manitpulations on them (average).
It will be better to trade a more stable coin like bitcoin and ethereum, or just try the stock market.
member
Activity: 168
Merit: 10
October 17, 2018, 03:42:59 AM
Failing at trading once doesn't mean you can't get it right. Trading here is a very delicate thing, any little miscalculation and you are failing. But you should see that as a an experience gained and use it to gear up for bigger opportunities. At one point orvtye other, we all have made mistakes but learnt from it and moved forward.
I think this is a natural thing. people who are already professionals in this field must also have experienced a failure until they believe that they are not good enough in trading. but, they continued to try to get the flow from the trade. well, we all still have a chance when we lose.

Agree with you. Losses teach us more than success
newbie
Activity: 38
Merit: 0
October 17, 2018, 03:21:25 AM
A job we would expect success but also not escape the name of failure. But failure can be overcome by the way we have to be careful in trading. Always follow existing rules. Do not be greedy to get many benefits, because here people will easily fall into a failure. This trade is far better if done slowly but the results are certain
legendary
Activity: 1288
Merit: 1036
October 17, 2018, 03:05:36 AM
For me what  is important  is  you tried  it  Wink   and from   that  failure  and  there's a thing called  lesson learned  Wink   that means  you have  study more   learn  strategies and especially   technical  analysis.  Trading is not difficult it's simple  Wink  
It is one thing to even learn a lesson from your failure and it is another thing to understand what led to the failure in the first place. What led to a lot of people's failure was the fact that they never got to learn how to trade before even getting into the act of trading and that is always going to be something pathetic to do with a lot of repercussions at the end.

Trading is a huge complex profession you want to concentrate on learning and practicing first and if you skip these two important ones, then you are always going to be bound to fail and get frustrated at the end because you will never be able to even learn from those failures.
hero member
Activity: 1204
Merit: 500
October 17, 2018, 01:35:16 AM
Failing at trading once doesn't mean you can't get it right. Trading here is a very delicate thing, any little miscalculation and you are failing. But you should see that as a an experience gained and use it to gear up for bigger opportunities. At one point orvtye other, we all have made mistakes but learnt from it and moved forward.
I think this is a natural thing. people who are already professionals in this field must also have experienced a failure until they believe that they are not good enough in trading. but, they continued to try to get the flow from the trade. well, we all still have a chance when we lose.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
October 17, 2018, 01:10:48 AM
You said it yourself. You are a newbie. What do expect from being a newbie? Huge profits? You will need to learn first. See how the market works. Start with small investment. Try experimenting in different ways. You might not be making profits at first which is quite normal since you are new. Just learn from your mistakes and try not to make the same mistake once again.
jr. member
Activity: 98
Merit: 1
October 17, 2018, 12:07:15 AM
do not worry. Not everyone involved in trading is successful in the first place. Do not rush, you can continue learning trading through sites such as YOUTUBE, GOOGLE. There are many videos with clear examples for you to learn and create a personal trading plan for yourself. Goodluck !!!

Thank you for recommending Youtube and Google. I learned a lot from them. But I must learn more about the personal trading plan as you said
member
Activity: 266
Merit: 10
October 16, 2018, 09:47:57 PM
do not worry. Not everyone involved in trading is successful in the first place. Do not rush, you can continue learning trading through sites such as YOUTUBE, GOOGLE. There are many videos with clear examples for you to learn and create a personal trading plan for yourself. Goodluck !!!
full member
Activity: 404
Merit: 100
October 16, 2018, 12:35:44 PM
The way to trade with a new person is not easy. Because it is a collection of much knowledge and experience in investing. For newbies, people often consider the amount of money involved, capture the market well and have the right direction. However with the experience they trade is cheap and fast and they also fail because trade is very difficult. So you will learn a lot if you lose.
newbie
Activity: 66
Merit: 0
October 16, 2018, 09:11:03 AM
It happens. You just need to try over and over again. Nobody was born genius, and everything improves with practice. Maybe the exchange which you've selected just doesn't fit you. Perhaps, it's better to switch to the website that is friendly to beginners. Something like CEX (https://cex.io/) or Coinbase – both allow buying cryptos with cards and are user-friendly.
sr. member
Activity: 1694
Merit: 299
October 16, 2018, 03:24:28 AM
Why the government plan to make available crypto trading only to registered traders? Because the most of new traders without experience fail, just like you did. I also tried and also lost, that's why I moved to investment, I bought some coins and simply wait for a good price to sell.
Where did you get that from with government trying to make trading only available to regular traders? That is plain fallacy and there is nothing like that, and if you are referring to the idea of the government coming up with regulation, which is a different ball game entirely.

Trading is just something that the choice is yours as an individual. Do you want to always have a profitable trade or do you want to keep losing? That question can only be answered based on your skills and knowledge and how ready you are to always learn. There is no shortcut to trading and if you simply end up not learning, you will fail woefully and no one will care.
sr. member
Activity: 1190
Merit: 256
October 15, 2018, 06:23:47 PM
Failing at trading once doesn't mean you can't get it right. Trading here is a very delicate thing, any little miscalculation and you are failing. But you should see that as a an experience gained and use it to gear up for bigger opportunities. At one point orvtye other, we all have made mistakes but learnt from it and moved forward.
member
Activity: 395
Merit: 14
October 15, 2018, 04:13:45 PM
For me what  is important  is  you tried  it  Wink   and from   that  failure  and  there's a thing called  lesson learned  Wink   that means  you have  study more   learn  strategies and especially   technical  analysis.  Trading is not difficult it's simple  Wink  
full member
Activity: 226
Merit: 100
October 15, 2018, 04:11:46 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.

Remember the mistakes you have made and take it as a valuable experience if you continue to invest in financial and cryptocurrency. Financial investment is not as easy as people might think, failure is something that often happens without sufficient knowledge. Keep learning in the market if you want to survive long.

That's the right step and you already do that, no need to change it. You only need to make a journal to write all your mistakes and find the solutions. The journal need as reminder and also track record to find the best strategy for you. Never give up, keep practice and don't repeat the same mistakes.
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