Topic: Journey from gambling to trading - page 9. (Read 2903 times)
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.
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
Most of the time,mistakes is the best teacher so meaning theres nothing wrong to try investing even if you don't really know whats the thing.the important is never give large amount in capitalizing so when you lose atleast smaller only.and when time comes that you are ready to enter atleast you can put your 100% in that area to profit 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
gambling can be done everywhere , earning serious money not in trading but everywhere needs discipline and patience if we want to earn money we should do in right way or else we lose thats all , gambling profits are not for long luck runs-out then we lose what we have also
money can be made in both gambling and trading but in gambling money can be made until luck is there but in trading money can be made forever its all about discipline and how we manage our trades , almost 60% of people do gambling in markets 
Yes as you mentioned 60% or more they come to market for gambling only they want quick and easy profit which may work for couple of days but eventually they will fail and losing there money But a good trader first educates himself 1st and enter into trading and he will constantly improve his downs and make profits
Not all can be successful in trading only people with correct mindset and discipline in will be successful , many of them forget discipline and lose there patience when they lose there money and they start gambling
There's a lot of room to grow in trading, but not in gambling. In trading if you made a mistakes then let it be a lesson for you. And I'm sure that you will learn and not commit the same mistakes again. So whether you have the wrong mindset in the beginning, you can adjust your trading plan and strategies so that you will have a chance to get successful on it. Unlike in gambling wherein there's no chance at all and we haven't heard any successful gambler out there.
I agree with you fully because the fact is that the most valuable thing there is knowledge of the area and market...but many of us desire fast and easy profits...
No matter how we desire it, somethings aren't meant to be the way we wanted it. We need to follow rules and steps to earn, and in gambling and trading even they seem to be fast we need to risk higher amount to succeed 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
If the only goal is to make money, in my opinion they have some things in common. When you are putting money in both you have to take the risk. I am aware that there are different things, but in crypto your investment may also turn to zero at a time. 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 agree with you fully because the fact is that the most valuable thing there is knowledge of the area and market...but many of us desire fast and easy profits...
money can be made in both gambling and trading but in gambling money can be made until luck is there but in trading money can be made forever its all about discipline and how we manage our trades , almost 60% of people do gambling in markets
either you done it professionally with studies, research, TA. else what you doing is gambling.
Well, that is one thing a lot of people will always need to realize when it comes to the idea of gambling. Gambling for one thing I am sure of is that there are no way you can gamble at all without at least getting emotional and losing big time in the end. Now, a lot of people approaches trading in this manner which is one of the reasons why they find it very difficult to even know what to do at certain point in time when it comes to making good trades, and they eventually end up flopping pretty badly.Trading is a whole lot more than just gambling your positions, you need to have a strategy and you need to know how to do things right, which in this case, if you manage to hit the trading platform without a strategy, you will be doomed before you even start.
Now when you have the money, invest wise and make sure you do not look back for life and market seldom gives second chance to those who are irresponsible towards the business.
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
But still lot of people were doing trading as gambling that is why they are crying after their loss they didn't prepare well for their trading.When to start buying and when to sell their coins re the real work of the traders but the people who are doing it as gambling will do it in the opposite direction of buying when the prices at high and sell when the prices got decreased.I agree that start doing trading and look for the profits once you learned. 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
so you have chosen the right way to get out of the gambling world so you can trade and return to the right path so you should only be able to trade cryptocurrency and not return to gambling.
Yes when first jump in to trading, we should be more focus to learn about management of risk and money and dont set the target profit first, the more important thing how to minimize the risk first. And after we have some strategies to minimize the risk and then we can set the target monthly profit. So make risk management is very important first.
I was also guilty of this at first, but my determination actually helped me over the years and I realized that eventually the time I was using to do trial and error, I would not have taken that much of a time to learn and start doing things right. All you need is just a good strategy, confidence in executing the strategy without emotions, understanding the importance of reward risk ratio and money management and you will find yourself doing better over time. Those who have no strategy when it comes to trading are just busy gambling, and until you give yourself some brain, and you do things the right way, you will just keep making silly mistakes.
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
Yes, absolutely gambling you put your money on trading then you only watch it profit. Be able to make profit in trading aside from risk reward and
emotional thing most important is you have this technical analysis and when you do trading it constantly school you and it will keep you learning. Trade only what you can afford to lose.
the choice you choose is very good and you should not go into the world of gambling anymore and you better find a job that can be more productive and certainly does not have too high a risk like trading like this, a very relaxed and comfortable job.
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
Gambling and Trading are clearly different things. Exactly what you say that trading requires experience and skill. Both are needed and when we can master them we will get closer to success. While gambling is just something that is very influential by luck. For me Trading is a much better thing and has far more certainty. understand and practice your abilities and you will be able to profit gradually.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
Not all can be successful in trading only people with correct mindset and discipline in will be successful , many of them forget discipline and lose there patience when they lose there money and they start gambling
There's a lot of room to grow in trading, but not in gambling. In trading if you made a mistakes then let it be a lesson for you. And I'm sure that you will learn and not commit the same mistakes again. So whether you have the wrong mindset in the beginning, you can adjust your trading plan and strategies so that you will have a chance to get successful on it. Unlike in gambling wherein there's no chance at all and we haven't heard any successful gambler out there.
Not all can be successful in trading only people with correct mindset and discipline in will be successful , many of them forget discipline and lose there patience when they lose there money and they start gambling
Depending on how you trade it is still gambling.
You are like betting the price will move on the direction you bet.
the main goal is to get profit, but in the realm of treding we really like being gambled, but this is what actually happens we can make a lot of profit but we can also lose a lot too, so what should the best choice be? the most important thing is not to risk money that is not healthy money, for example the results of loans or the results of selling something that is very valuable to us, we bet using residual money or money that is not basic money. You are like betting the price will move on the direction you bet.
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
Hard work and time focus are best to earn profits but also patience is most important in trading, in trading not only the capital to make earning need the more more effort before got earn no one can get express to be rich.
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