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Topic: I fail in trading - page 8. (Read 25102 times)

full member
Activity: 1190
Merit: 117
April 27, 2020, 11:02:32 AM
To succeed in trading is indeed not easy. Sometimes we have to experience failure first. So no need to worry if we experience failure,
we can learn a lot from failure. Just go ahead with your trading, because it will take a long time to master trading. So success in the
 world of trading can not be obtained instantly, it needs a process to make a profit.
newbie
Activity: 70
Merit: 0
April 27, 2020, 08:22:27 AM
Day trading is dead now, the new thing to do is investing only into projects that are guarenteed to succed. Coins like Creditcoin for example are basically set to moon due to who invested into the proejct
sr. member
Activity: 1092
Merit: 267
Need a Helping hand? https://tinyurl.com/2p94uabm
April 20, 2020, 03:15:11 AM
Embarrassed that's my story, so I just buy when the price is low and hold, easy

It is a good idea to do business when the currency is low in the market when the price is low So if the price goes up we can make a lot of profit. However in order to be successful from business failure we need to know about the business and do the market analysis so we can determine the value of the currency.
full member
Activity: 1134
Merit: 103
April 20, 2020, 02:44:26 AM
...There is something I don’t know? Please tell me more.

Until you have learned how to analyze the market correctly, you do not need to try the riskiest trade - margin trading. This is exactly the type of trading when it is very easy to lose your entire Deposit. Therefore, this type of trading should be prohibited for newbie in trader.

Out of all techniques, Margin trading has higher chance to lose all our deposits and newbie should be very careful with margin trading. Even an experienced trader sometimes failed to make money through margin trading and we should stay away from margin trading when we don't have the proper experience.
newbie
Activity: 35
Merit: 0
April 19, 2020, 04:15:02 PM
 Embarrassed that's my story, so I just buy when the price is low and hold, easy
legendary
Activity: 2268
Merit: 1655
To the Moon
April 19, 2020, 04:08:00 PM
...There is something I don’t know? Please tell me more.

Until you have learned how to analyze the market correctly, you do not need to try the riskiest trade - margin trading. This is exactly the type of trading when it is very easy to lose your entire Deposit. Therefore, this type of trading should be prohibited for newbie in trader.
legendary
Activity: 2282
Merit: 2056
April 17, 2020, 12:09:34 PM
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.

member
Activity: 784
Merit: 10
https://streamies.io/
April 17, 2020, 12:08:10 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.

It is the trading mentality of new people, I have made this mistake for more than 3 consecutive months and only stopped when I really had my own trading plan. The problem is, everyone has their own trading plans and don't listen to anyone else. 2 years ago, when I was an amateur trader, I often followed other people's strategies and found a nice place to enter orders. but when you do not understand it, you will always be hesitant and then the opportunity will be missed. Trust me, you should take a few days to create your trading plan.
sr. member
Activity: 1492
Merit: 269
April 17, 2020, 11:46:15 AM
When you failed with trading you still have chance how to get much profit with bitcoin and altcoin world by joining with future trading, you have option with future trading to earn mch profit how ever situation with bitcoin and altcoin, its not care must bitcoin have on the top price or lower price you still get chance to earn profit.
sr. member
Activity: 882
Merit: 253
April 17, 2020, 03:29:52 AM
I am among those who have failed trading. have learned a number of techniques and tried to find people who will explain the risks of trading. Until now, it has been very difficult to get profit in trading.
I'm starting to improve my trading skills in trading and it's really a tough one. I'm still struggling in some aspects of trading like choosing the right coin to buy and analyzing the chart patterns. I start to study different techniques and get some advices from people who have experience in trading. Anyone can buy and sell cryptocurrency but few people are good when in comes to trading. There's always a risk but try to minimize to start gain profit.
sr. member
Activity: 1400
Merit: 269
April 17, 2020, 01:49:57 AM
Regardless on how information you have, if you dont trade then you can't really gain experience. Just like what you said, some experience traders advice you to read and learn. But mostly to learn something reading is not enough you also need to do it and experience. Try depositing atleast $30 to practive what you've read. Sure you might fail but all traders including the best also failed in this profession.
full member
Activity: 812
Merit: 104
🎄 Allah is The Best Planner 🥀
April 16, 2020, 11:39:02 PM
Those who are less skilled at doing business are more at a loss Now the danger of doing business is far worse All currency prices are much lower If we see that there's a loss in doing business then the business should be stopped And if you are doing then failure is normal. If you've got to try to to business with the market situation then the danger is low.
sr. member
Activity: 980
Merit: 250
April 16, 2020, 11:27:58 PM
we must understand not all  people suitable as trader or investors, or even we included in this group. but some people keep trading although they lost of money. they have no skill and talent in trading so they easily make mistake in each transaction , when we met this condition we must review again did we must continue or stop.
sr. member
Activity: 500
Merit: 253
April 16, 2020, 06:33:21 PM
Minimize emotion, maximize patience. And use stoplosses if the markets liquidity can absorb it. Have a plan and stick to it. But don't fall in love with any one coin.
newbie
Activity: 17
Merit: 0
April 15, 2020, 11:54:08 AM
As a whole, the cryptocurrency market has a big challenge in beating S&P 500, because it has no "divine" support.

The S&P 500 index is down 2.13% in the last year. Why so little, even though many companies don't have revenue anymore? Because major stocks actually come with much less risk than previously thought! The US government will take on any amount of debt in order to support them.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
April 15, 2020, 08:22:09 AM
I am among those who have failed trading. have learned a number of techniques and tried to find people who will explain the risks of trading. Until now, it has been very difficult to get profit in trading.
Because its not easy as it seems. When I was a newbie I thought its easy and you just have to go with the flow and follow those pro traders and gain idea with their strategy.
Same reason why many are fallen into trap of scammers who promises people to teach how to trade but in the end will lose investments .
But I realized its necessary to have your own understanding and experience because thats how you can improve yourself.
Knowledge is always the most important thing before we enters any investing or trading.
If you want to become a trader, take time learning and start with small capital and learn to control your emotion.
i have seen a free Trading demo in Binance hat allows you to trade and Bet for free(But By practice mode only)
hero member
Activity: 2912
Merit: 629
April 15, 2020, 06:45:44 AM
I am among those who have failed trading. have learned a number of techniques and tried to find people who will explain the risks of trading. Until now, it has been very difficult to get profit in trading.
Because its not easy as it seems. When I was a newbie I thought its easy and you just have to go with the flow and follow those pro traders and gain idea with their strategy.

But I realized its necessary to have your own understanding and experience because thats how you can improve yourself.

If you want to become a trader, take time learning and start with small capital and learn to control your emotion.
newbie
Activity: 70
Merit: 0
April 15, 2020, 03:55:05 AM
trading is pretty simple man

honestly what I do is just check the news for press releases relating to big firms such as coinbase and y combinator and then also invest in those same projects

for example, my recent gainer was a coin called Creditcoin, invested in by Brian Armstrong / Y combinator etc

saw the press release and bought and then waited for the 2x and sold.

copper member
Activity: 504
Merit: 0
April 15, 2020, 02:29:11 AM
It is very hard to get profit in one day specially in Cryptocurrencies. If you see the higher price of some coin and price in now present it is very big difference. Now it has become very difficult in Cryptocurrencies to do a profitable trade. So much crypto coming on daily basis anybody can not say what will be the lower price of some old coins.
I have also fail in trading but gain lots of experience.
full member
Activity: 1134
Merit: 103
April 14, 2020, 02:36:38 AM
I am among those who have failed trading. have learned a number of techniques and tried to find people who will explain the risks of trading. Until now, it has been very difficult to get profit in trading.

It is not an easy task to get profits in a single day, we should always try to learn different techniques and it will surely help you make a decent profit. Of course, in some cases, you might fail to implement based on the market situation but don't loose hope towards trading. With a lot of dedication and patience will surely help you to make profits.
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