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Topic: I fail in trading - page 40. (Read 25128 times)

sr. member
Activity: 1400
Merit: 269
October 12, 2018, 07:28:39 AM
#66
Im also a novice in trading like you and had failed a lot because it's really hard to predict the price when analyzing for an uptrend or downtrend because sometimes it might go down even if the token that you've bought has good fundementals when the whales wants it to go down it will go down.
member
Activity: 378
Merit: 13
October 12, 2018, 07:10:04 AM
#65
Fall in trading is common thing and almost all of traders had experience such as it and although there was several people who called traders expert but they also had experience to lost but the difference is they can able recover back their losses and everything is not happened instantly here that to being an expert you have to through plenty of process to reach that achievement and the most important is do not give up
It is even a general thing for those who are just starting out to trade which is the reason I always tell newbie traders to never try to get into trading to making money immediately.

They need to build on their experience after at least learning some few things and get good with their strategy until they are pretty sure they are ready for the real world. If you skip a part when it comes to getting things right, you will always have problem and you do not want to be starting to gain experience with real life funds. Start with paper trading or demo funds until you are sure you are good and ready.
full member
Activity: 476
Merit: 100
October 12, 2018, 06:08:32 AM
#64
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 have followed what you enumerate  above then  there is nothing remaining than for you to pick up yourself and  continue your simulation trading which will help return your confidence and improve your timing of the entering point to the market. Though there is one thing which you did not mention and that is a mentor. Do you have a trading mentor? If you do not have you need to get yourself a mentor who will still be guiding you till you will become a terrific trader.
jr. member
Activity: 98
Merit: 1
October 12, 2018, 05:49:01 AM
#63
Thanks for the sincere suggestions. I should get more knowledge before I come here to complain ... Thanks again
sr. member
Activity: 2016
Merit: 283
October 12, 2018, 05:11:17 AM
#62
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.
failures is always happened mate especially on this kind of situation which is risky. no one can avoid it honestly even you own a lot of strategy and you have enough experience and knowledge, still it will happen.  probably even experts experience failures sometimes.  So don't blame your self because  it's a normal scenario , just accept the fact and lesson learned.
full member
Activity: 630
Merit: 100
October 12, 2018, 04:43:32 AM
#61
The most important ability to have in cryptocurrency trading apart from your ability to analyze technicalities,  is been able to feel and know how market behave in different market situations. It will take some experience but it is possible to predict market behavior to very large extent!
legendary
Activity: 1554
Merit: 1054
October 12, 2018, 03:20:21 AM
#60
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.

Try again and find out your weaknesses. But there is one thing that you need to know about your financial situation. You need to save more and use the money does not affect your living expenses. It will make you more comfortable when you start investing.
The weaknesses will always be there at first even after learning as you will obviously make some silly mistakes even with your knowledge, but that is where experience comes in and you really do not want to be building on those experiences with real life funds, you need to be able to be sure of how you are doing in every market before you even start making steps into the real world of trading with your own funds.

It is a good thing that for the likes of bitmex, the chances of using the demo platform with demo funds is there. Practice on that, get a strategy and build on it, and then over time when you are confident enough with it based on how far you are able to go, then you can put those experience into the real trades.

Make sure you take your time to access yourself first, which is the most important thing after learning.
newbie
Activity: 113
Merit: 0
October 12, 2018, 02:38:41 AM
#59
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.

Well since you are just a beginner, there is nothing wrong about failing and losing cause analogy is this, beginner= fail to experience as professional= experience to success. Don't worry about failing because it is just gaining experience in a future trading strategy of you, as you said it requires a lot of patience and hardwork and it really is maybe its too early for you. Just try and try things to work out, analyze more it will give you chances to ride the market.

Yep, experienced traders know much more than newbies. They know that there is no win-win strategy and try to calculate their risks carefully.
newbie
Activity: 113
Merit: 0
October 12, 2018, 02:36:49 AM
#58
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 ever trading if you dosen't have any skill on that! if you only use your feeling for trading Don't be greedy is the key! you take profit then you must wait untill the right moment to buyback.


Agree with you. You need to not be greedy and plan your trading carefully. This is the key to the victory.
brand new
Activity: 0
Merit: 0
October 12, 2018, 02:18:23 AM
#57
There are many people who fail in trading cryptocurrencies but do not feel bad. You should learn from all your mistakes, that you did while trading cryptos. I will suggest you first learn about what is forex trading properly and then learn trading cryptocurrency.

And maybe you could have failed because you were not aware of the current crypto market stats. So you should learn all the aspects related to crypto trading as well as forex trading.

Since, cryptocurrency trading will be more beneficial if done with Forex Trading. So, you should learn how to trade in cryptocurrency in the Foreign Exchange market, so you never need to bear any loss in the future.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
October 12, 2018, 02:22:12 AM
#57
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.

Well since you are just a beginner, there is nothing wrong about failing and losing cause analogy is this, beginner= fail to experience as professional= experience to success. Don't worry about failing because it is just gaining experience in a future trading strategy of you, as you said it requires a lot of patience and hardwork and it really is maybe its too early for you. Just try and try things to work out, analyze more it will give you chances to ride the market.
jr. member
Activity: 192
Merit: 3
October 12, 2018, 01:45:09 AM
#56
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 also experienced a failure when I first entered the world of cryptocurrency trading, I also experienced it.
even professionals who have long been in the world of trading, they also initially failed. all you have to do now is take a break first and pay more attention to the market movements. more important is that you really have to be patient in the world of trading, try trading with just a little capital, so that it can become an experience.
copper member
Activity: 280
Merit: 1
October 12, 2018, 01:28:00 AM
#55
You failing on the onset should not mean it over for you, bu rather be an opportunity to learn. Try to figure out your errors and make sure to fix it on your subsequent attempt. You should also read more and practice when you have the change.There are a lot o good books out there you could utilize and also youtube videos
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
October 12, 2018, 01:11:21 AM
#54
Fall in trading is common thing and almost all of traders had experience such as it and although there was several people who called traders expert but they also had experience to lost but the difference is they can able recover back their losses and everything is not happened instantly here that to being an expert you have to through plenty of process to reach that achievement and the most important is do not give up
sr. member
Activity: 2114
Merit: 268
Leading Crypto Sports Betting & Casino Platform
October 12, 2018, 01:03:15 AM
#53
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 think you need more trial, but try to use a little capital of money. I know it will be different when practice with little amount of money or when with big amount of money, but you can do it step by step. And on that trial i am sure if you not always lose, sometime get profit.
hero member
Activity: 1274
Merit: 516
October 12, 2018, 12:31:36 AM
#52
To be successful in trading there is no shortcut and not all the times the chart is going to work, keep on building on your experience and try to trade as much as possible, it doesn't need to be a big amount, its important that you learn where does your speculation goes wrong, and dont get discourage, a lot of good traders start with failure, but with determination and keep on learning they can succeed
sr. member
Activity: 728
Merit: 264
October 11, 2018, 10:48:55 PM
#51
Start trading with a low amount of money that you dont need too much. Do not risk a lot of money. While trading, try to do the opposite of what comes to your mind. And keep the results in mind.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
October 11, 2018, 09:48:21 PM
#50
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.
Well not all of the traders really get success on the trading feild. I think it's depends upon the situation. K believe that the bitcoin will really rise for fall and we really need patience on it for us to gain, we have difernt ways and different situation that we maybe face on crypto that means we also didn't have an assurance to earn or maybe to loss on this feild.
That's  right we do have our own ways of gaining from this industry, we can create our strategy that will allow us to take advantage with any situations
that happening inside the market, we just need to realize that reading and following strategies coming from other successful traders can be basis but
not really a dependable, what other's strategy can be applicable for them but not for those who only copying the system.
sr. member
Activity: 1148
Merit: 300
October 11, 2018, 08:55:56 PM
#49
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.
Well not all of the traders really get success on the trading feild. I think it's depends upon the situation. K believe that the bitcoin will really rise for fall and we really need patience on it for us to gain, we have difernt ways and different situation that we maybe face on crypto that means we also didn't have an assurance to earn or maybe to loss on this feild.
full member
Activity: 658
Merit: 152
October 11, 2018, 01:47:06 PM
#48
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.
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