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Topic: I quit trading - page 54. (Read 242500 times)

member
Activity: 112
Merit: 10
July 31, 2017, 11:19:28 PM
Sometimes it really hurts to see and feel losses but if you give up that is where you really lose base on what I read . A great help for this in trading is to minimize losses by using risk management and control losses by selling if you dont predict it well.
sr. member
Activity: 2226
Merit: 347
July 31, 2017, 11:08:01 PM
I will never quit in trading. I am not a good trader, even my first experience in trading did not goes well.I need to wait patiently before I earn from my investment. But, I never think of quiting because how will I achieve my goal if I quit in this very early stage of my trading experience.
Quitting on earliest days because you do fail on the first tries wont really be ideal and this thing wont really mold you into a better trader later on.You should really treat those mistakes on gambling as a lesson learn for you because it cant really be avoided to lose on trading even those professional ones do commit mistakes too on having losing trades. The important thing on trading field is that even you have losing trades you still have profits on the end of the day.
If there will be any guarantee to have profits on the end of the day in trading then probably no one will think about quitting trading, right ? Have you ever heard about finishing off a day with losses ? I guess each and every trader must have experienced this.

I mean to say there is no guaranteed profit at the end of the day for the any trader regardless of how long you are having experiences with trading. Finishing off a day with losses will be much better than thinking about quitting trading. Because you will be having next day to recover your losses rather than struggling within a day nor thinking to quit.
Losing in trading is really just a normal stuff on which each trader would really experience this and as you said theres no guaranteed profit anytime which we will really make some days on profits or on negative.Instead of quitting its not really a solution but seeing on the situation of OP he lose up 7 btc and those are already on 2 years trading which i would really definitely decide the same thing too.
sr. member
Activity: 250
Merit: 250
July 31, 2017, 10:54:21 PM
NOOOOOO. HODL and you can win it.
It is a good time now. Next year may be better
hero member
Activity: 980
Merit: 506
July 31, 2017, 02:42:41 PM
I will never quit in trading. I am not a good trader, even my first experience in trading did not goes well.I need to wait patiently before I earn from my investment. But, I never think of quiting because how will I achieve my goal if I quit in this very early stage of my trading experience.
Quitting on earliest days because you do fail on the first tries wont really be ideal and this thing wont really mold you into a better trader later on.You should really treat those mistakes on gambling as a lesson learn for you because it cant really be avoided to lose on trading even those professional ones do commit mistakes too on having losing trades. The important thing on trading field is that even you have losing trades you still have profits on the end of the day.
If there will be any guarantee to have profits on the end of the day in trading then probably no one will think about quitting trading, right ? Have you ever heard about finishing off a day with losses ? I guess each and every trader must have experienced this.

I mean to say there is no guaranteed profit at the end of the day for the any trader regardless of how long you are having experiences with trading. Finishing off a day with losses will be much better than thinking about quitting trading. Because you will be having next day to recover your losses rather than struggling within a day nor thinking to quit.
sr. member
Activity: 2534
Merit: 332
Vave.com - Crypto Casino
July 31, 2017, 01:43:30 PM
I will never quit in trading. I am not a good trader, even my first experience in trading did not goes well.I need to wait patiently before I earn from my investment. But, I never think of quiting because how will I achieve my goal if I quit in this very early stage of my trading experience.
Quitting on earliest days because you do fail on the first tries wont really be ideal and this thing wont really mold you into a better trader later on.You should really treat those mistakes on gambling as a lesson learn for you because it cant really be avoided to lose on trading even those professional ones do commit mistakes too on having losing trades. The important thing on trading field is that even you have losing trades you still have profits on the end of the day.
full member
Activity: 812
Merit: 142
July 31, 2017, 01:29:27 PM
Why not, if we find somewhere better. Because treding itself we do not know when the price will rise and tueun, so treding a lot of losses, in because the price we want is not in the can.


Trading requires lot of analytical skills. You need to judge the market, have in depth knowledge about the product and its impact globally. You should be able to forecast things in advance which will help you know when to buy/sell your coins.
newbie
Activity: 29
Merit: 0
July 31, 2017, 01:09:53 PM
Why not, if we find somewhere better. Because treding itself we do not know when the price will rise and tueun, so treding a lot of losses, in because the price we want is not in the can.
member
Activity: 77
Merit: 10
Founder of EMX
July 31, 2017, 12:39:20 AM
I will never quit in trading. I am not a good trader, even my first experience in trading did not goes well.I need to wait patiently before I earn from my investment. But, I never think of quiting because how will I achieve my goal if I quit in this very early stage of my trading experience.

Have you all tried trading non cryptos, such as traditional futures?  If so, why not?  Do you feel the barriers to entry are high?

They may not be as volatile, but there are lot of opportunities trading equity index or commodity futures, in my opinion.

I'm wondering what would make it easy for traders like ourselves to trade anything at all.

Thanks
sr. member
Activity: 588
Merit: 251
HELENA
July 30, 2017, 11:50:45 PM
I will never quit in trading. I am not a good trader, even my first experience in trading did not goes well.I need to wait patiently before I earn from my investment. But, I never think of quiting because how will I achieve my goal if I quit in this very early stage of my trading experience.
hero member
Activity: 2828
Merit: 611
July 30, 2017, 06:39:50 PM
Good decision. It's very hard to make money in BTC trading even you work for it full time. You need to do long term trades (buy at bottom-hold-sell at top), it should increase your trading accuracy.
If you have a hard time on doing trading it is better if you will stop trading at the moment and take time on educating yourself for you to learn how to trade in the best possible way. And then make time on having some idea so that you can start trading if you are totally ready to deal with tradings. Then make time on doing the trading itself so you could experience the real trading itself because the best way to learn is through experience.

Most traders lose direction when choosing targets, they do not focus on fixed currencies, so they face many difficulties. They need to rest for a while and change themselves, they need to learn more and assertive.
We must avoid those shabby behavior like habit of making profit very quick trading, we need to more practical and will learn the mistakes in our trading. As its not easy to determine whether an altcoin is going to fall or rise.
Yeah! Trading is not like gambling. It takes time to learn trading properly. There is no need to take things on heart in crypto trading. It is better to learn from mistakes and try not repeating them in the future. Crypto trading does make you rich but it is a gradual process and needs a good command over emotions. Quitting trading is purely an emotional decision.
sr. member
Activity: 476
Merit: 250
July 30, 2017, 10:35:06 AM
Good decision. It's very hard to make money in BTC trading even you work for it full time. You need to do long term trades (buy at bottom-hold-sell at top), it should increase your trading accuracy.
If you have a hard time on doing trading it is better if you will stop trading at the moment and take time on educating yourself for you to learn how to trade in the best possible way. And then make time on having some idea so that you can start trading if you are totally ready to deal with tradings. Then make time on doing the trading itself so you could experience the real trading itself because the best way to learn is through experience.

Most traders lose direction when choosing targets, they do not focus on fixed currencies, so they face many difficulties. They need to rest for a while and change themselves, they need to learn more and assertive.
We must avoid those shabby behavior like habit of making profit very quick trading, we need to more practical and will learn the mistakes in our trading. As its not easy to determine whether an altcoin is going to fall or rise.
sr. member
Activity: 434
Merit: 250
July 30, 2017, 10:21:29 AM
Good decision. It's very hard to make money in BTC trading even you work for it full time. You need to do long term trades (buy at bottom-hold-sell at top), it should increase your trading accuracy.
If you have a hard time on doing trading it is better if you will stop trading at the moment and take time on educating yourself for you to learn how to trade in the best possible way. And then make time on having some idea so that you can start trading if you are totally ready to deal with tradings. Then make time on doing the trading itself so you could experience the real trading itself because the best way to learn is through experience.

Most traders lose direction when choosing targets, they do not focus on fixed currencies, so they face many difficulties. They need to rest for a while and change themselves, they need to learn more and assertive.
hero member
Activity: 854
Merit: 500
July 30, 2017, 06:59:29 AM
trading with crypto is dangerous for ourselves, thats why i stopped doing daytrade, now i just only buy when i see that market is dumped, just wait a time and you will always win.
yes it is bad for our health that day trading, because sometime we can lose our sleep or skip our eating because we will stay focus on the rising of our coins. it is better to be a long term trader. just do it , dont stop trading, trading is very good and it will help us indeed, so take care of yourself and have fun in trading thats it.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
July 30, 2017, 03:46:16 AM
trading with crypto is dangerous for ourselves, thats why i stopped doing daytrade, now i just only buy when i see that market is dumped, just wait a time and you will always win.
Can i excuse i just want to know how can i trade when can i start how many coins do i need to trade.?
You can easily answer your question by searching all the basic information you need to know to start trading. Actually you just need money to start and everything will follow as money is the most important thing to start trading, you can start with a small amount before it's not expensive trading here in crypto, at least when you are starting and you will experience more loses you will not easily gets upset.
sr. member
Activity: 350
Merit: 250
The Blockchain Evolution of Prediction Markets
July 30, 2017, 03:45:12 AM
trading with crypto is dangerous for ourselves, thats why i stopped doing daytrade, now i just only buy when i see that market is dumped, just wait a time and you will always win.
Can i excuse i just want to know how can i trade when can i start how many coins do i need to trade.?
I day trade you need to be skillful or you know when to ebter and to leave the market because that was tol risky to be play in a single pump and dump you can lose .Holding and buying when the market is dump and wait for its high then sell is much good.

Regarding to your question you don't need ot hold many coins as much as you can, you only need to focus and have a knowledge on what coin do you have maybe its just a scam coins that will waste your money try focusing in 3 top coins in the cmc from 2 to 10 pick and try doing a trade .And know what is their significance why they are on top check it in altcoins section.
full member
Activity: 896
Merit: 198
July 30, 2017, 03:22:13 AM
trading with crypto is dangerous for ourselves, thats why i stopped doing daytrade, now i just only buy when i see that market is dumped, just wait a time and you will always win.
Can i excuse i just want to know how can i trade when can i start how many coins do i need to trade.?
legendary
Activity: 1232
Merit: 1000
July 30, 2017, 01:11:51 AM
trading with crypto is dangerous for ourselves, thats why i stopped doing daytrade, now i just only buy when i see that market is dumped, just wait a time and you will always win.
It's actually dangerous when we do day trading, because of the principle is always want to get quick profit, And also easily panic, it's my experience. also, you're right, it's better to wait the market dumped then wait for the long term.
sr. member
Activity: 448
Merit: 251
Futurov
July 30, 2017, 12:09:05 AM
So guys, after 2 years of trading i am going to stop. (unless i have full time to trade, which i currently don't)

I have calculated all my trades on the various platforms i have used in the last couple years.

Deposited: 47BTC (roughly)

Withdrew: 40BTC (roughly)

Overall i am happy with the results, i would pay 7 BTC anyday for what i have learned so far.

Now the question is: what the fuck do i do now with my money.

Save it in a bank until you figure it out on what to do with it. But the best thing to do is to pour all of your accumulated btc on your daily needs and wants or you can just spend it all on your bills. You can even invest on it if you want or buy PC parts with good specs so that you can try out mining.
newbie
Activity: 14
Merit: 0
July 29, 2017, 11:58:19 PM
trading with crypto is dangerous for ourselves, thats why i stopped doing daytrade, now i just only buy when i see that market is dumped, just wait a time and you will always win.
full member
Activity: 490
Merit: 100
July 29, 2017, 11:12:45 PM
day trading is very hard for crypto currencies. hard and dangerous.
take your coins and hold and don't watch market or anything about crypto currencies.
thats better for your health.
yeah day trading is really not good, i have seen professional traders on youtube, they suggest us to only go in when you have done your own research and the trade that you want to go in has meet all of your criteria.
And it's not there every day, maybe weeks.
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