Topic: Journey from gambling to trading - page 2. (Read 2903 times)
I can relate with what the op is talking about, trading is purely different from gambling in my own case, one must have studied the chart carefully and ensure that all parameters are right before buying in, a gambler makes irrational choices and most times are based on sentiments and emotions. As a trader, I have to plan my entry and target a safe exit, know when to call it quit and when to take the profit if the market is in your favor, gamblers don't consider all these
I have been spent time in trading but i have never came for gambling so i have no idea that how gambling is meaningful to me and may be in future i have to start gambling then it is also a good way to make money and we can participate in the crypto community and if we have time we can use it for earning people earn a very good amount from this gambling and then they trade what they have earned in the previous gambling.
You will notice that trading is not the only platform we can use to earn money in this industry. And one of the best thing to do to gain money is through gambling. However, in real gambling scenario, we never win because if we gamble daily, we have already losses. So, therefore I prefer also to be a trader than to be a gambler. You definitely need to always learn any activity, especially here the risk is associated with the loss of their earnings, it is important to devote a lot of time to this area and understand for yourself, to find a strategy
If we think that gambling is the right place for us, then better to stay in here especially when we are seeking into another source of income. Well, trying in trading is good in order try ourself from it and to know if gambling will work as well. And to know that gambling is different from trading, then have to say that you need to play at your risk in switching from gambling into trading.
When i started trading i didn't know about money management , risk to reward , psychology and many things
I was just putting money and watching that i would make profit after some days i made a huge loss and i knew after losing that i was gambling
now i am have learnt many things about trading and now making little profits
My last saying is never put your hard earned money in to market before learning , it will take lot of time and effort to make profits, 1st learn then earn don't c profits while learning
Successful trading is not the merit of luck. Successful trading is the result of learning, skills and self-development. The one who in the trade relies on luck, he has already lost.I was just putting money and watching that i would make profit after some days i made a huge loss and i knew after losing that i was gambling
now i am have learnt many things about trading and now making little profits
My last saying is never put your hard earned money in to market before learning , it will take lot of time and effort to make profits, 1st learn then earn don't c profits while learning
Therefore, never be lazy, learn, practice and self-develop, this is your contribution to your future.
Trading can become a game, if only you have decided to treat it this way, but it can bring you additional income, I made this area for myself this way!
I agree more if it is called speculation because it is not gambling, the rise and fall of crypto prices can be analyzed by observing internal and external factors. While gambling is just a guess.So, crypto trading is the same as stock trading, only the format is different because it is done digitally, while the traded shares are goods and there are dividends given at the end of the year if the company listed on the exchange gets a profit.
When i started trading i didn't know about money management , risk to reward , psychology and many things
I was just putting money and watching that i would make profit after some days i made a huge loss and i knew after losing that i was gambling
now i am have learnt many things about trading and now making little profits
My last saying is never put your hard earned money in to market before learning , it will take lot of time and effort to make profits, 1st learn then earn don't c profits while learning
I was just putting money and watching that i would make profit after some days i made a huge loss and i knew after losing that i was gambling
now i am have learnt many things about trading and now making little profits
My last saying is never put your hard earned money in to market before learning , it will take lot of time and effort to make profits, 1st learn then earn don't c profits while learning
Well, that actually most of the newbies did here mate, they don't know how to listened about the reminders of the old members here in the forum, then because of their stubbornness they always loss their coins in the end. But good to hear that you learned from your mistakes and
I admired you on that decision you've made now, so keep up the good work.
Apparently, most people learns their lesson by experiencing huge mistakes and failures. I think that is the best teacher for me because when you got burnt, you will personally hate that feeling again so next time that you feel greed, you will resent it because it is a signal that you are losing control thus suggesting your brain to sell the profits you got before it is too late.
Mistakes will surely make us learn many new things about the experience we face, yes, mistakes will surely help to retrieve those mistakes.
In this way, we will easily control our emotions by not repeating the same mistake every time, so we should think positive even though we lose because on one fine day the door might be open for us.
When i started trading i didn't know about money management , risk to reward , psychology and many things
I was just putting money and watching that i would make profit after some days i made a huge loss and i knew after losing that i was gambling
now i am have learnt many things about trading and now making little profits
My last saying is never put your hard earned money in to market before learning , it will take lot of time and effort to make profits, 1st learn then earn don't c profits while learning
I was just putting money and watching that i would make profit after some days i made a huge loss and i knew after losing that i was gambling
now i am have learnt many things about trading and now making little profits
My last saying is never put your hard earned money in to market before learning , it will take lot of time and effort to make profits, 1st learn then earn don't c profits while learning
Well, that actually most of the newbies did here mate, they don't know how to listened about the reminders of the old members here in the forum, then because of their stubbornness they always loss their coins in the end. But good to hear that you learned from your mistakes and
I admired you on that decision you've made now, so keep up the good work.
Apparently, most people learns their lesson by experiencing huge mistakes and failures. I think that is the best teacher for me because when you got burnt, you will personally hate that feeling again so next time that you feel greed, you will resent it because it is a signal that you are losing control thus suggesting your brain to sell the profits you got before it is too late.
When i started trading i didn't know about money management , risk to reward , psychology and many things
I was just putting money and watching that i would make profit after some days i made a huge loss and i knew after losing that i was gambling
now i am have learnt many things about trading and now making little profits
My last saying is never put your hard earned money in to market before learning , it will take lot of time and effort to make profits, 1st learn then earn don't c profits while learning
I was just putting money and watching that i would make profit after some days i made a huge loss and i knew after losing that i was gambling
now i am have learnt many things about trading and now making little profits
My last saying is never put your hard earned money in to market before learning , it will take lot of time and effort to make profits, 1st learn then earn don't c profits while learning
Well, that actually most of the newbies did here mate, they don't know how to listened about the reminders of the old members here in the forum, then because of their stubbornness they always loss their coins in the end. But good to hear that you learned from your mistakes and
I admired you on that decision you've made now, so keep up the good work.
When i started trading i didn't know about money management , risk to reward , psychology and many things
I was just putting money and watching that i would make profit after some days i made a huge loss and i knew after losing that i was gambling
now i am have learnt many things about trading and now making little profits
My last saying is never put your hard earned money in to market before learning , it will take lot of time and effort to make profits, 1st learn then earn don't c profits while learning
I was just putting money and watching that i would make profit after some days i made a huge loss and i knew after losing that i was gambling
now i am have learnt many things about trading and now making little profits
My last saying is never put your hard earned money in to market before learning , it will take lot of time and effort to make profits, 1st learn then earn don't c profits while learning
There has to be a step-by-step development process. One cannot possibly earn immediately without going through the necessary stages. First, one has to learn. This is the study, research, and understanding phase. And then you will proceed to the trial or demo phase. One can now try to trade, make buy orders, make stop loss, etc. This is necessary to get the hang of actual trading. From here, one can progress gradually into actual trading.
You can have a sweet journey if you will do the research and the practice well, never to dwell when you are not ready yet.
When i started trading i didn't know about money management , risk to reward , psychology and many things
I was just putting money and watching that i would make profit after some days i made a huge loss and i knew after losing that i was gambling
now i am have learnt many things about trading and now making little profits
My last saying is never put your hard earned money in to market before learning , it will take lot of time and effort to make profits, 1st learn then earn don't c profits while learning
I was just putting money and watching that i would make profit after some days i made a huge loss and i knew after losing that i was gambling
now i am have learnt many things about trading and now making little profits
My last saying is never put your hard earned money in to market before learning , it will take lot of time and effort to make profits, 1st learn then earn don't c profits while learning
There has to be a step-by-step development process. One cannot possibly earn immediately without going through the necessary stages. First, one has to learn. This is the study, research, and understanding phase. And then you will proceed to the trial or demo phase. One can now try to trade, make buy orders, make stop loss, etc. This is necessary to get the hang of actual trading. From here, one can progress gradually into actual trading.
When i started trading i didn't know about money management , risk to reward , psychology and many things
I was just putting money and watching that i would make profit after some days i made a huge loss and i knew after losing that i was gambling
now i am have learnt many things about trading and now making little profits
My last saying is never put your hard earned money in to market before learning , it will take lot of time and effort to make profits, 1st learn then earn don't c profits while learning
I was just putting money and watching that i would make profit after some days i made a huge loss and i knew after losing that i was gambling
now i am have learnt many things about trading and now making little profits
My last saying is never put your hard earned money in to market before learning , it will take lot of time and effort to make profits, 1st learn then earn don't c profits while learning
The OP is from October.
But he has really set an example for every who were showing carelessness regarding to their own money.
When you trade, it doesn't mean, you will everytime make profit.
If you somehow don't concentrate and make the wrong choice while buying a coin, then you gonna surely make a loss.
So always be careful and don't make any huge losses like the OP.
Good luck everyone.
When i started trading i didn't know about money management , risk to reward , psychology and many things
I was just putting money and watching that i would make profit after some days i made a huge loss and i knew after losing that i was gambling
now i am have learnt many things about trading and now making little profits
My last saying is never put your hard earned money in to market before learning , it will take lot of time and effort to make profits, 1st learn then earn don't c profits while learning
in some situation only everyone's decision and interest was changed I think OK it is a common thing that how everyone wants to leave their life if they are getting the profit in gambling then going on that will not be a problem but if someone think gambling is not better than trading then it is also their opinion. I was just putting money and watching that i would make profit after some days i made a huge loss and i knew after losing that i was gambling
now i am have learnt many things about trading and now making little profits
My last saying is never put your hard earned money in to market before learning , it will take lot of time and effort to make profits, 1st learn then earn don't c profits while learning
One way or another, not only gambling players, but also traders, may have an addiction. This is already proven by science. What aspects of human activity affect this is a completely different question. But really, a gamble is almost like trading, especially if at least once someone has received good results, he will look for an opportunity to repeat this result again.
Any work can be an addiction: workaholics know about it well. However, it is better to be addicted to something that really brings benefits and profits ( I mean trading). This is the best one of all possible useful addictions.
Trading can become a game, if only you have decided to treat it this way, but it can bring you additional income, I made this area for myself this way!
Trading can be your main source of income as well, that's possible if you are good in this kind of game.
If you consider this a game, consider this a high risk game like gamble where you need a capital or bankroll to start your journey.
Depending on how you trade it is still gambling.
You are like betting the price will move on the direction you bet.
You are like betting the price will move on the direction you bet.
Yeah tha is correct mate trade is a gambling specially if the people without knowledge and skills for this kind of investment they gamble their money, because we should knows all investment specially trading is have high risk if laxk of knowledge and skills, so better to learnt well before investing.
One way or another, not only gambling players, but also traders, may have an addiction. This is already proven by science. What aspects of human activity affect this is a completely different question. But really, a gamble is almost like trading, especially if at least once someone has received good results, he will look for an opportunity to repeat this result again.
receiving their first profits in gambling will make them addicted and prefer to repeat it again.but there is no guarantee they will earn the same condition.gambling will not make us surive at all.most of them was be poor man when they lost their money in table.If you're gambling them you're a risk taker and same with trading if you invest to project which you don't evem know what the future may bring, you're brave enough to invest. Even gambling didn't actually have nice image to other people, but when trading also went bad same feedback heard and still frustrations comes.
Both has risk but trading is way better though they have similarities. If you invest your money then you already gamble because you have no assurance for the outcome of your investment.
However if you have knowledge in what you're doing then chances of gaining profit is high. Experience in trading is important because thats how you will learn different strategies that you can apply the next time you trade.
However if you have knowledge in what you're doing then chances of gaining profit is high. Experience in trading is important because thats how you will learn different strategies that you can apply the next time you trade.
One way or another, not only gambling players, but also traders, may have an addiction. This is already proven by science. What aspects of human activity affect this is a completely different question. But really, a gamble is almost like trading, especially if at least once someone has received good results, he will look for an opportunity to repeat this result again.
receiving their first profits in gambling will make them addicted and prefer to repeat it again.but there is no guarantee they will earn the same condition.gambling will not make us surive at all.most of them was be poor man when they lost their money in table.
1st learn then earn don't c profits while learning
Gold lines after a experience. I agree I would add one more thing recheck on what we understood after learning is right or wrong is also important.
1st learn then earn don't c profits while learning
Gold lines after a experience. I agree I would add one more thing recheck on what we understood after learning is right or wrong is also important.
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