I fail in trading - page 4. | Bitcointalksearch.org

Smitty Werben Man Jensen

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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.

You need to know enough to set up a cryptocurrency platform. You can never trade if you do not have enough knowledge about cryptocurrency.When you are trading, you have to analyze the coins that you will buy and the coins will recharge well. There is no end to knowing.Cryptocurrency.If you can work hard, you can definitely work on the platform and eat.

What you should know is that trading in cryptocurrencies is not that easy,
that's why knowledge is very important because if we don't have it, it is very likely that we will easily lose money,
besides that as you said above analyzing and of course also doing research on coins is also important

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Quote from: DoublerHunter on August 28, 2021, 05:58:55 PM

^ Spend amount that you can afford to lose is a golden rule in trading and never rely your monthly budget on it and hoping that you will gain profit weekly.

Keep your asset to grow and never to rely on it as source of income treat this as your long term investment that will change your life in the long run.

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Because in trading there is no consecutive way of earning on it, the most common factor that traders become had a massive loss because of lack of knowledge on it, they think about the profit only that they commonly heard in trading, they don't think about the skill and knowledge they had.

Very wrong impressions, before jumping to this business, make sure that you are aware with the risk, especially working with crypto market where volatility is present and really hurting those who don't know what they are doing.

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If you will always have a failure in trading just quit and study very hard so that you will recover when you will enter again in the trading field. Sometimes, an experience made us becomes experts in trading, just learn every mistake and don't let it will happen again.

If you are not converting even you think you already doing all your part, best to assess more deeply it's also possible that this venue of investment is not for you.

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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.

You need to know enough to set up a cryptocurrency platform. You can never trade if you do not have enough knowledge about cryptocurrency.When you are trading, you have to analyze the coins that you will buy and the coins will recharge well. There is no end to knowing.Cryptocurrency.If you can work hard, you can definitely work on the platform and eat.

^ Spend amount that you can afford to lose is a golden rule in trading and never rely your monthly budget on it and hoping that you will gain profit weekly. Because in trading there is no consecutive way of earning on it, the most common factor that traders become had a massive loss because of lack of knowledge on it, they think about the profit only that they commonly heard in trading, they don't think about the skill and knowledge they had. If you will always have a failure in trading just quit and study very hard so that you will recover when you will enter again in the trading field. Sometimes, an experience made us becomes experts in trading, just learn every mistake and don't let it will happen again.

ItsCrafty

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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.

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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.

I recommend you to educate first before you play with real money. I learned this lesson the hard way as well when I started with Bitcoin and Crypto. Check out some Youtubers that educate people on Trading and less those who pump and dump shitcoins... I learned a lot about TA and finally turned into a profitable Trader so check out TA bro

monineklutak

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Quote from: pjwaffle on August 24, 2021, 01:15:24 PM

Quote from: whyrqa on February 25, 2020, 03:47:28 PM

Quote from: asyakashi on February 21, 2020, 07:30:24 PM

No one can guarantee success in the crypto trade. I have learned trading for 4 years but have not found a good solution for my trade.
everyone has different talents and I decided trading wasn't a good idea. I quit.

The fact is that the cryptocurrency market is generally very difficult to make a profit, since there is not a single day when the market has been stable. In addition, personally, I very often dealt with such coins, where speculators pumped and dropped coin prices, while I was always left without anything. I saw certain opportunities for generating income from daily trading, but for this you need to sit near the monitor for almost whole days and monitor the market, while forgetting about rest and free time.

Try your best, no one is perfect, even those who have succeeded in this field have experienced many times of heavy failures, Every time we fail we have a lot of experience from there. summarize and make accurate judgments for yourself

It's true that not all failures will end in a bad way because after all we decide for ourselves,
with us failing we can get a lesson there so that in the future we will not repeat the same mistakes,
so no need to worry because failure is not the end

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Quote from: whyrqa on February 25, 2020, 03:47:28 PM

Quote from: asyakashi on February 21, 2020, 07:30:24 PM

No one can guarantee success in the crypto trade. I have learned trading for 4 years but have not found a good solution for my trade.
everyone has different talents and I decided trading wasn't a good idea. I quit.

The fact is that the cryptocurrency market is generally very difficult to make a profit, since there is not a single day when the market has been stable. In addition, personally, I very often dealt with such coins, where speculators pumped and dropped coin prices, while I was always left without anything. I saw certain opportunities for generating income from daily trading, but for this you need to sit near the monitor for almost whole days and monitor the market, while forgetting about rest and free time.

Try your best, no one is perfect, even those who have succeeded in this field have experienced many times of heavy failures, Every time we fail we have a lot of experience from there. summarize and make accurate judgments for yourself

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Quote from: whitemigos on October 10, 2018, 10:07:56 AM

I tried one but I falied. There is something I don’t know?

As a newbie, it is normal to be failed. You probably need more knowledge and more careful in trading. There are various reasons why a person can fail in the first attempt at trading, you need to evaluate yourself. Some possible reasons:
1. Less knowledge
2. Less analysis before buying
3. Buy a wrong coin
4. Use a wrong strategy
5. Impatience
6. Buy at a wrong time
7. Follow the hype only
8. Less experience (v)

Actually, every trader must ever fail in trading, especially when they are at the newbie level. You need more time to know more about trading. Just learn from the failure and get more knowledge. Don't give up!!!

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Quote from: JooBra on May 14, 2021, 04:05:25 PM

Quote from: Kez1817 on May 13, 2021, 12:36:59 PM

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.

Don't stop after first time of failure. Use your experienced to step forward and learn to avoid loses. Analyzing the price chart and graph is not easy as you think, it needs time to learn. Importantly, you learn step by step while doing trade and you need also learn your own strategy on how to earn profit out of trading.

Yeah same advice don't stop every begining is hard. Maybe try trading with small amount of money so you can learn with experience in start. Later you can ramp up your game when you feel more comfortable.

Mistake here is that majority of newbies or to those who are just starting up is they do really expect too much on what they've been dealing with which means they are really
trying to expect that they would immediately make profits or money out of their initial trades

When the time they had lost their trades then they do immediately regret and quitting right away but there are some who do go back and tend to look for their mistakes.

This is trading where price is always unpredictable which is why making profits is always not that easy as we do think off.

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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.

Don't worry. Almost all traders fail. That's why people say to hodl. Everyone has this dream of becoming rich when trading. That is why when crypto bubbles every 4 years you see the most activity going into shitcoins. It's because people all think they're the trader that's going to make a million bucks in a month, then they all lose everything when they realize there's no liquidity in their shitcoin to get out.

If you really want to learn to trade, first of all now isn't the time to be learning with crypto because markets are acting irrationally, but also you should learn the basics and set yourself up for reasonable expectations. If you are trying to earn more than 10% per year trading, you don't have reasonable expectations and are going to just toss money at shit hoping some other fool pays more for your shit later.

Start at the beginning. Use a site like caps.fool.com and get your expectations right, learn to value things, then you can start the multiyear process of building a portfolio that will be able to provide for you someday. That, or buy the biggest piece of shit you can find and then look for the biggest fools on the internet, as that seems to be the trend in crypto today, and you never fight the trend .

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Quote from: Kez1817 on May 13, 2021, 12:36:59 PM

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.

Don't stop after first time of failure. Use your experienced to step forward and learn to avoid loses. Analyzing the price chart and graph is not easy as you think, it needs time to learn. Importantly, you learn step by step while doing trade and you need also learn your own strategy on how to earn profit out of trading.

Yeah same advice don't stop every begining is hard. Maybe try trading with small amount of money so you can learn with experience in start. Later you can ramp up your game when you feel more comfortable.

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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.

Don't stop after first time of failure. Use your experienced to step forward and learn to avoid loses. Analyzing the price chart and graph is not easy as you think, it needs time to learn. Importantly, you learn step by step while doing trade and you need also learn your own strategy on how to earn profit out of trading.

finaleshot2016

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Quote from: wahyu wida on May 13, 2021, 09:30:51 AM

Quote from: MUG1WARA on May 13, 2021, 12:57:11 AM

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.

Failure at the beginning is what everyone goes through when starting the trading career your not the first neither will you be the last it's part of the price towards becoming a successful trading, if you aren't failing you aren't trying, whenever you fail you learn a lesson and you become smarter and wiser than before, so keep trying don't forget to watch some trading tutorials and read some books, keep trying till you become a professional trader, it's all about your determination.

failure by novice traders is a common occurrence, but we can take lessons from these failures, so that the future will be better. Traders who can survive in the market are those who have experience, that means every trader must always practice until he finds a trading style that is comfortable for himself, so that they can enjoy every profit or loss.

Failure will still occur once we get blinded by the profit. Yes, it's good to learn from people's mistakes so we can play safe in our trading activity but mistakes will still occur once we became greedy on investments. This is my experience as well, I've lost a lot of money due to mistakes of entries and position, that's because I'm too excited to gain profit. We should apply how technical analysis and chart pattern works on trading so we can't lose a cents on trading.

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Trading is really risky and there are so many things you need to learn before you become an expert trader, don't be sad about losing money in trading, you chose that way then accept the consequences, mostly those beginners who tried to do trading always lose their money it is because trading really requires good knowledge and well experience, so before you try to invest, it is better to do research first to avoid losing money.

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Quote from: MUG1WARA on May 13, 2021, 12:57:11 AM

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.

Failure at the beginning is what everyone goes through when starting the trading career your not the first neither will you be the last it's part of the price towards becoming a successful trading, if you aren't failing you aren't trying, whenever you fail you learn a lesson and you become smarter and wiser than before, so keep trying don't forget to watch some trading tutorials and read some books, keep trying till you become a professional trader, it's all about your determination.

failure by novice traders is a common occurrence, but we can take lessons from these failures, so that the future will be better. Traders who can survive in the market are those who have experience, that means every trader must always practice until he finds a trading style that is comfortable for himself, so that they can enjoy every profit or loss.

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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.

Failure at the beginning is what everyone goes through when starting the trading career your not the first neither will you be the last it's part of the price towards becoming a successful trading, if you aren't failing you aren't trying, whenever you fail you learn a lesson and you become smarter and wiser than before, so keep trying don't forget to watch some trading tutorials and read some books, keep trying till you become a professional trader, it's all about your determination.

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Fail in trading is part of the organic way whether you are newbie or old traders here in this field of business industry.
In short, whether you are experts or not both can encounter losses of their coins or assets. But most of the time of course fail
always happen for the newbies who came up here in crypto space.

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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.

Not one successful trader can do without their own statistics and strategies. You should try to trade a lot and fill in your statistics, keep a log of trades. Then choose what you trade well and improve on it.

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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.

It’s not new to be honest. At first everyone fails and yes that’s fine .
In fact people learn from failures only and failures has the more right path to get to success.
Yes but if in your first trade you invest a huge amount that you shouldn’t need to do , then yes that will be considered as foolishness.
Before trying anything, you just need to do a little research and i am sure that little research will be enough to save you from losses. Yes it won’t give you profit but you too won’t face losses.
Moreover if you still don’t know how to trade or which coin to buy or sell and when? , then it’s better to follow some great trading analysts. You can follow them on Twitter for free and can use their calls.
Hope this helps you OP. Wish you best of luck for your future trading.

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