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Topic: I fail in trading - page 7. (Read 25128 times)

full member
Activity: 644
Merit: 103
November 05, 2020, 05:09:46 PM
Most of the newbie will always look for quick money and it will not help them to make some decent profit. Trading and gambling have equal chance to lose money, but compared to trading there is a higher probability to lose money in gambling. Choosing a legit coin will take time, but surely it will help to find the best outcome when the market starts recovering.
There is a very good research article on the subject of trading and gambling addiction: "Excessive trading, a gambling disorder in its own right? A case study on a French disordered gamblers cohort" (https://www.sciencedirect.com/science/article/pii/S0306460315300721).
hero member
Activity: 1932
Merit: 506
Betking.io - Best Bitcoin Casino
November 05, 2020, 01:40:18 PM
You are still learning how trading works so don't expect that you can get it in one try, you still need plenty of experience before
you can create your own unique techniques that will give you a profit. As what you have said, we need to be patience in trading so you
should not conclude that you have failed already in trading as it is still very early to say it.

You haven't reach your full potential yet so don't give up yet, keep on researching additional useful information in trading and keep
on testing different strategies using small amount of money so it will not be painful if you are going to loss it.

sr. member
Activity: 1540
Merit: 255
November 05, 2020, 06:53:05 AM
Most traders sooner or later lose their money. Trading is very much like a casino only having much more opportunities to both increase and lose their capital.

You need to be aware that any transaction can be unprofitable and calculate their risks accordingly.


so simple rule which all of us  know why then we keep failing
The comparison between trading and gambling is also quite a lot on this forum, it is quite true for newbies. Newbies are often tempted by super profitable forms, they bet without analysis, losing money often happens at the start of joining.

Most of the newbie will always look for quick money and it will not help them to make some decent profit. Trading and gambling have equal chance to lose money, but compared to trading there is a higher probability to lose money in gambling. Choosing a legit coin will take time, but surely it will help to find the best outcome when the market starts recovering.
hero member
Activity: 1593
Merit: 502
November 05, 2020, 04:39:05 AM
Most traders sooner or later lose their money. Trading is very much like a casino only having much more opportunities to both increase and lose their capital.

You need to be aware that any transaction can be unprofitable and calculate their risks accordingly.


so simple rule which all of us  know why then we keep failing
The comparison between trading and gambling is also quite a lot on this forum, it is quite true for newbies. Newbies are often tempted by super profitable forms, they bet without analysis, losing money often happens at the start of joining.
newbie
Activity: 35
Merit: 0
November 05, 2020, 03:44:27 AM
Failing is normal especially to those beginners like you. Getting loss in trading doesn't mean of not continuing on trading. Many newbies fails and stops but it isn't good for you to stop. You should learn and analyze why or how did you fail where in you can fix where you got wrong. Sometimes asking other trader will and doing demo trading to have a higher level IQ on trading.
I also failed hundreds of times more when choosing to invest in the market and I consider it a lesson to help me become better at trading because this market depends so much on your current knowledge.

Not everyone succeeds in this market and certainly has had a very hard time, so in one way or another, you cannot avoid failure. Personally, I now make a lot of profits from day trading and the winning rate is higher than it was at the beginning.
I guess you also risk more  than in the beginning 
newbie
Activity: 35
Merit: 0
November 05, 2020, 03:24:08 AM
Most traders sooner or later lose their money. Trading is very much like a casino only having much more opportunities to both increase and lose their capital.

You need to be aware that any transaction can be unprofitable and calculate their risks accordingly.


so simple rule which all of us  know why then we keep failing
newbie
Activity: 35
Merit: 0
November 05, 2020, 03:15:19 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.

did you use this trading bots which say when should you sell
sr. member
Activity: 868
Merit: 256
November 02, 2020, 06:47:02 AM
Failure to trade is not experienced only by beginners, but those who have been trading for a long time have experienced failure or loss.
Even an expert can suffer a loss. That’s only natural because in trade there’s a loss, there’s a win. There is no way a trader will benefit forever.
It’s going to be a loss sometime. Besides a lot of learning and hard work, regulating emotions is also important in trading.

We have our saying here that "you may never learn if you may never loss". We always believing in that saying because we personally know that the best lesson can't be seek via professional help but based on what we have learned in our past failure, in our past failed trading. So if you fail then get up, moved on and learn a lesson from that mistake of yours because you can't win in trading if in 1st mistake you are being down already.
full member
Activity: 854
Merit: 103
October 31, 2020, 11:06:17 AM
It is normal for traders to fail no trader is able to make a profit all the time you have to trade with risk one of the main conditions for being a successful entrepreneur is that you have to fail several times and rise again lose everything and start all over again. Those who continue to work even after failure and try to overcome failure quickly can be the successful entrepreneurs in the end you can start with a small business first to know what kind of plan you should have before starting a small business it is a matter of educating yourself and getting it done.

I personally know both Forex and crypto traders, and all of them had periods of serious losses. Sometimes, they could not affect the situation due to the market falls. As the proverb says, “Shit happens”, and it happens with traders as with all other people, who risk money.
sr. member
Activity: 826
Merit: 250
Bitgesell (BGL) Decentralized Cryptocurrency!
October 30, 2020, 12:31:51 AM
Trading is the main part of cryptocurrency so first learn trade Than earning.First need to control your emotion and set goal in your mind.
you can follow some rules about trading to avoid the loss
1.Buy A Few Shares With High Trading Volumes.
2.Avoid Impulsive Decisions
3.Manage Risks Efficiently
4.Educate Yourself
5.Keep Emotions Away.
member
Activity: 868
Merit: 15
October 29, 2020, 10:49:37 PM
It is normal for traders to fail no trader is able to make a profit all the time you have to trade with risk one of the main conditions for being a successful entrepreneur is that you have to fail several times and rise again lose everything and start all over again. Those who continue to work even after failure and try to overcome failure quickly can be the successful entrepreneurs in the end you can start with a small business first to know what kind of plan you should have before starting a small business it is a matter of educating yourself and getting it done.
full member
Activity: 840
Merit: 102
October 29, 2020, 10:37:31 PM
Failure to trade is not experienced only by beginners, but those who have been trading for a long time have experienced failure or loss.
Even an expert can suffer a loss. That’s only natural because in trade there’s a loss, there’s a win. There is no way a trader will benefit forever.
It’s going to be a loss sometime. Besides a lot of learning and hard work, regulating emotions is also important in trading.
full member
Activity: 856
Merit: 111
Buzz App - Spin wheel, farm rewards
October 29, 2020, 03:35:38 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.

Cryptocurrency is not an easy platform for all investors. This is risky for everyone. So we should wait and observe the perfect place only then it will gain. The biggest mistake that every user makes with cryptocurrency is the expectation of greater profits. However, I don’t like day trading for newbies so you should start medium-term trading which is the best deal for all investors. So, it is better to start with a small number of funds and test the reality and then keep yourself employed. This will allow you to avoid failure.
hero member
Activity: 1593
Merit: 502
April 30, 2020, 03:54:02 AM
You are probably just investing in the wrong coins. Look at Creditcoin for example, invested in by Coinbase and Y combinator. Its been pumping non stop since January as the team continues to hit milestones and release new updates.


Because he failed, he wants more experience. You listed a specific coin, I think that didn't help him much. The problem is, he should still have a thorough understanding of the market and details about the development of the coin that he chooses, above all to be lucky.
full member
Activity: 293
Merit: 105
Love is all
April 30, 2020, 03:01:33 AM
99 percent people are faild in crypto trading as I feel about it. I this everyone is in same condition. If we somehow makes profit in some coin then we make double loss in other coin. I already loss almost 800 dollars just in one week. I was with bear. Well so many people talking about learn skill knowledge chart analysis etc.... But when whales coming in the market all your analysis had gone and they do what they want to do this market... You can make profit when you have lot of money to reinvest for recover your loss. Otherwise don't do day trading just hold it whatever you have..
full member
Activity: 714
Merit: 104
April 30, 2020, 02:27:10 AM
To date, the results of such coins as bitcoin, Ethereum and Cardano are really very good and if you take into account long-term trading, the trader in any case makes a profit if I bought these coins as I did a couple of months ago.  but at the moment I practice daily trading using Cardano and stellar, and since the cryptocurrency market shows a certain percentage of price increases for these cryptocurrencies, it is very difficult for me to achieve any results from daily trading.  Although I believe that I chose very good coins for trading.  so the result depends not only on the right coins, but also on the coincidence of circumstances on the cryptocurrency market.
newbie
Activity: 70
Merit: 0
April 28, 2020, 08:24:32 AM
You are probably just investing in the wrong coins. Look at Creditcoin for example, invested in by Coinbase and Y combinator. Its been pumping non stop since January as the team continues to hit milestones and release new updates.

full member
Activity: 293
Merit: 105
Love is all
April 28, 2020, 05:49:45 AM
Not only you but for those who start trading by their self is getting loss. Without expert advise don't do trading because its very high risk market and people loose their money fast. And if you don't want to paid then you could hold btc for long term.
jr. member
Activity: 42
Merit: 3
April 28, 2020, 05:37:38 AM
I remember when I was trading in the past I always have a very bad decision making when buying and selling my target investment in trading which resulted to multiple losses... I scratch my head when I lost especially if I get in a position to trade where hype is going on. Thats the time I stop  putting money quickly and I always search now. Information is very important for me now because it's hard to trade with emotion getting in my way.
hero member
Activity: 2282
Merit: 659
Looking for gigs
April 27, 2020, 02:52:46 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.


In the world of cryptocurrency trading, expect more failures than success. Almost all of us can relate to you, because we also experienced failures like you. It means you are not alone. You just need to improve your skills in cryptocurrency trading, and it all starts with educating yourself.

There are several sources you can find to educate yourself in cryptocurrency trading like NewsCrypto, Udemy, Binance Academy, Tradercobb and so on. From there, you will find lots of helpful techniques to profit in day trading. Start from the basics first, and don't proceed to the next level without mastering the basics. Trading competition events are also good for you to participate if you want extra prizes on top of your winnings in cryptocurrency trading.

I still believe that we can make profits with day trading as long we are skilled. I knew someone who made profits in cryptocurrency trading even during the bear market.
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