I fail in trading - page 37. | Bitcointalksearch.org

thuthanh

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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.

Trade is not easy because the gray matter we use is very much. Besides, you need to have nerves and cold heads even if you fail. So do not give up on each failure you will learn the reason for it and will help you succeed later. Trade with the heart and courage of a trader. Tongue

Mpamaegbu

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Once a man, twice a child!

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.

If you fail in trading, try driving or any other kind of sports for a living. On a more serious note, nothing in life comes easy. Yes, luck can play a role sometimes but most times hard work and perseverance come top. In trading, there's something specifically called Trading Psychology. This boils down to controlling your emotions while in a trade or before entering a trade. It doesn't matter how good your strategy is, if you don't get hold of your emotions it will mess up your whole plan. From all you enumerated, you have been give a sound advice. The other part of executing it remains with you.

BitcoinTurk

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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.

This sector is more complex and more difficult than other investment sectors. The main factor in this difficulty is of course that there is no central organization and no regulation, but it is not true to show this reason alone. Before starting to trade in this sector, it should be a long time to obtain information and experience with low budget. Unless sufficient knowledge and experience is acquired, you will undoubtedly harm and not go one step further than your current position. For this reason, you should first find out where you made the mistake and then you should start to gain experience and knowledge.

cryptocointrade.com

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The top reasons a trader fail are (according to my own experience).

* Not enough trading skills
* No trading plan
* Too many emotions/feelings involved
* No/Poor risk management
* Too high expectations/No patience
* FOMO (Jump right into a bubble or sharp bull trend because of FOMO)

There are many platforms with Demo account (CFD brokers). CFDs itself is nothing for a beginner though. Study different strategies and techniques. I prefer fundamental analysis and swing trading.

bivaetjetakoe

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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.

Yes, there are indeed many books on the Internet about trading on the market.
Before you begin - I advise you to read at least 2-3 books

herurist

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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.

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.

minairia3

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Vave.com - Crypto Casino

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.

Once? Expect to more 90% of the time even experienced bunch of people. The best thing is to limit this failures and learn from it. Propoer execution of risk and emotion management are the two main drivers for profitable trades.

bitbunnny

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WOLF.BET - Provably Fair Crypto Casino

You are not the first or the last one to fail but the good thing is that you have realized that you are making some mistakes.
Trading skills and experience are something that you will get with time and it takes a lot of learning and patience but it's not impossibe.
Just don't rush and make desperate moves, invest small amounts that you can afford to lose and learn from your mistakes so you don't repeat them anymore.
It takes time but it's worth your efforts.

mornabo

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Quote from: Clark05 on October 13, 2018, 04:32:36 PM

If you want to improve your skills you need to be read and watch more videos about trading and getting more tips and strategy. Better to have you also own you have strategy. Most of the coins now are down and all you need is to wait the price until it will increase not only you are experincing that.

Your skills and knowledge also grow from your experience, how you learn from your mistakes and try better and avoid the same mistakes, you can learn it from your experience dude, so don't despair when you lose or fail to trade. just learn from your mistake

David78k

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trading requires good skill and lot of practice with discipline then only they can c profits

Zipposs

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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 can start checking out these guys: https://discord.gg/2cjRufh. I've been using their free crypto calls for a few months, and I made a small profits 1-2% almost every other day. Also the community is very helpful and I learned a lot new information and ways to cope with emotional trading. There is also a paid section where you will receive daily a 3-5 coins updated every hour.
It's worth it, but I will suggest you first start with the free signals until you become more knowledgeable and calm.
Good Luck!

katuhakuh

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Because most new traders without experience fail, just like you do. To buy some good coins and hold them for the long term, you can make good profits.

bummm

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Quote from: timmydakolo2 on October 13, 2018, 05:34:12 PM

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 were in the same shoes buddy every trader like you was once a Newbies and they all Fail but the best part is never to give up the knowledge of trying to learn more and get my clues on how to tackle trading still keep up the PATIENCE. In trading is not all the time you win the market there are also a loss in it but all u need to do is don't allow the loss over throne the win win.

I swear you will never find even one guy who never failed when trading. this business is something very special. Today, you can earn many thousands and tomorrow you'll be a loser.

gilangIDR

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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.

Trading requires a lot of aspects to achieve success. Trading is not an easy thing to do, it is because when we make a wrong decision we will experience a loss. Trading also requires patience, when we experience failure we must keep trying. The more we try our experience will be trained and it will be a good capital in making much better trading decisions.

pawanjain

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Nothing lasts forever

You should have also told us how did you fail so that we could have told you what mistake you did. It's actually good that you failed because a person always learn something new when he fails.
Besides that, you can' succeed every time when it comes to trading cryptocurrencies. Even the best of us have been failed at least once in his lifetime.
So it's okay to fail, move on and keep learning new things.

Lpim01

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Quote from: whitemigos on October 14, 2018, 05:26:42 AM

I see everyone talks about emotional control, but I'm a very mechanical person. I am not based on feelings that make a decision, especially economics ...

Good thing for you then, cause mostly people you are emotional traders were fails. Not totally to ignored of what we have feel in the future as it is our instinct but be sure we never be controlled such feelings.

whitemigos

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I see everyone talks about emotional control, but I'm a very mechanical person. I am not based on feelings that make a decision, especially economics ...

carlisle1

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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.

Everyone of us fails in trading also,theres no trader that never experienced failure or losses since this is part of every traders journey and this is one of the best teacher for us to reach our dream profit,so better keep the faith and study hard so in right time when knowledge covers you for sure you will become a best trader like those successful one

Altcoins enthusiast

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We all have fall in trade time to time and we just need to keep pushing and not give up in other to make it in future. Many traders are lossing money because of lack of skills and understand on how this market work but we should keep trying to become a professional.

manggis97

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You failed in trading because you jump in to market when bearish trend and mostly all coins down trend. So to make profit you should be know the trend of the market, if the Crypto market on down trend is better wait for bull market to trade and For now we can trade in others market like stocks. There are alot of asset to trade so we should be try all of them as diversify risk.

Topic: I fail in trading - page 37. (Read 25128 times)