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Topic: Many new traders are playing to lose - page 15. (Read 1971 times)

member
Activity: 700
Merit: 12
August 18, 2019, 12:02:28 AM
#32
as per newbies, I think they are excited to trade and earn from trading,.. but they don't know the risk that they are taking..maybe they know it but they just ignore.. after they lose blaming is there
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
August 18, 2019, 12:01:57 AM
#31
That is what will happen to people who don't want to learn more about trading. They just make a random buy without analyzing the market or just follow the other people suggest. Yes, that is happening to all traders, especially for the new people who want to start trading.

For people who are new in trading, and that person has much money, it is better to use little money first while learning more about trading. Try to make your first profit, then try to use medium money to trade and see how you can make another profit. If you can become familiar your way in trading, then you're good to go. But if it's not, then you need to back to use little money and learn more.
jr. member
Activity: 107
Merit: 6
August 17, 2019, 11:41:19 PM
#30
Are you playing to lose or you are playing to win? a friend of mine lose all his bitcoin to trading and when he started complaining about i decide to take a look and i detected that he traded in a gambler's way.
He has 100$ and he traded just twice with 50$ which results in quick lose,im not an trading expert but most trading platforms always warn traders to limit their trading to the highest of 10$ which would have given him more chances to continue trading

Apart from not learning how trading works he is playing to lose,i think this is what many newbies are doing as well,if you are doing the same you will always end up losing your money,if you want to bet 50$ on a trade you must have thousands  of dollars on the trading platform not trading with 100$ and be praying for a miracle.

Trading is not something you can rush,expert traders out there spend days trading for profits and if a particular day is full of loss they quit trading for that day.

yes , my friend have same experience. that's why we need to have risk management , don't over confidence and FOMO.
buy bitcoin when price cheap and hold for long term.
copper member
Activity: 798
Merit: 3
August 17, 2019, 11:31:28 PM
#29
Almost all of the new trader going loss while they are involving in the trading if we talk about the crypto trading. This because of their foolishness of assuming that  all the markets are same. As the crypt market is highly volatile and there is no certain guidance body of this market there are many manipulation are occurred by the market maker. On the another hand if wee truly say that the price behaviour is showed totally by the market demand and supply of that particular market. So, again this behaviour worked on only the top giant crypto coin or the token.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
August 17, 2019, 11:17:25 PM
#28
Are you playing to lose or you are playing to win? a friend of mine lose all his bitcoin to trading and when he started complaining about i decide to take a look and i detected that he traded in a gambler's way.
He has 100$ and he traded just twice with 50$ which results in quick lose,im not an trading expert but most trading platforms always warn traders to limit their trading to the highest of 10$ which would have given him more chances to continue trading

Apart from not learning how trading works he is playing to lose,i think this is what many newbies are doing as well,if you are doing the same you will always end up losing your money,if you want to bet 50$ on a trade you must have thousands  of dollars on the trading platform not trading with 100$ and be praying for a miracle.

Trading is not something you can rush,expert traders out there spend days trading for profits and if a particular day is full of loss they quit trading for that day.

I agree with you. Trading just not a game that you bet on it and win, it's more than that. Many newbies are actually don't understand that they'll lose their coin if they don't get idea how's trade works. If it's a easy way to earn money then many good and expert traders didn't spent their lot of time on it. If you win the race of trade you have learn how it works and you have wait for right time.
The very principle of this business is when you win someone loses their investment, it's a game of strategy and good plans, if you are new to this market better to find ways to understand it completely there's no going back once you lose your money, start studying and research all the tools that can helps you to lead out and be competitive, it's not a rush you can learn steps by steps process just be keen to enhance your skills, you need to have the right attitude and right overview of your system to be used while working around this business.
full member
Activity: 994
Merit: 101
August 17, 2019, 10:59:27 PM
#27
Are you playing to lose or you are playing to win? a friend of mine lose all his bitcoin to trading and when he started complaining about i decide to take a look and i detected that he traded in a gambler's way.
He has 100$ and he traded just twice with 50$ which results in quick lose,im not an trading expert but most trading platforms always warn traders to limit their trading to the highest of 10$ which would have given him more chances to continue trading

Apart from not learning how trading works he is playing to lose,i think this is what many newbies are doing as well,if you are doing the same you will always end up losing your money,if you want to bet 50$ on a trade you must have thousands  of dollars on the trading platform not trading with 100$ and be praying for a miracle.

Trading is not something you can rush,expert traders out there spend days trading for profits and if a particular day is full of loss they quit trading for that day.

I agree with you. Trading just not a game that you bet on it and win, it's more than that. Many newbies are actually don't understand that they'll lose their coin if they don't get idea how's trade works. If it's a easy way to earn money then many good and expert traders didn't spent their lot of time on it. If you win the race of trade you have learn how it works and you have wait for right time.
newbie
Activity: 38
Merit: 0
August 17, 2019, 10:38:39 PM
#26
Your friend is playing like a 50% gambler wins 50% of the losing. When I play, I always put a stoploss to protect my capital. It's very important
member
Activity: 476
Merit: 12
August 17, 2019, 10:27:07 PM
#25
Yes you are right many traders are playing for loss and not only newbies sometimes even you are already have lot of experienced on this activity they did not learn from their own experience or in their mistakes. For me we can avoid that. When we have enough knowledge before investing we are free from loss. And sometimes too much greed will drive us to loss.
member
Activity: 1022
Merit: 10
August 17, 2019, 08:09:47 PM
#24
with use of customs as reference from technical competence on traders preparedness the work might gives as chance to returns with target to commit as the terms of manage with plan on investment.

legendary
Activity: 1400
Merit: 1001
Undeads.com - P2E Runner Game
August 17, 2019, 07:08:10 PM
#23
sorry to say that your friend was greedy, and that's result for his greed (i dont mean to judge everyone). Before trade he should learn about technical analysis and fundamental analysis, and also money management, it will help your friend to minimize risk.  Trade is trade and gamble is gamble, dont trade with gamble. To make many profit it will take a time, sometimes i'm not open position for trade for a week or even two weeks, just because my analysis is not good enough
hero member
Activity: 2730
Merit: 632
August 17, 2019, 06:06:37 PM
#22
Are you playing to lose or you are playing to win? a friend of mine lose all his bitcoin to trading and when he started complaining about i decide to take a look and i detected that he traded in a gambler's way.

Trading can really be considered gambling if you don't know on what you are doing.You can lost up money as easy on short time.If you are trading like this way then its much better to play gambling instead.Trading shouldn't really be done on this way but as said this had been done by most newbies who do just jump to trade without even knowing on what they are doing but eventually your friend will realize that trading is much more worth to engage on when he do forseen the possibility of money making if its done well.
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
August 17, 2019, 06:03:47 PM
#21
If your friend has used all of his amounts to get the coin at the high price and he has got the more probability to get lost too. It's not about how you can divide your amount into some partials amount to trade but a lot of consideration must be done in crypto just like the time, technical and fundamental analysis, demand and development progress.
It's not about how to divide your amount and invest it and it's about how you can predict accurate rate to take the buy position that will put yourself into the profit area
legendary
Activity: 2450
Merit: 1140
duelbits.com
August 17, 2019, 06:01:38 PM
#20
your friend didn't knew how to trade correctly, and not only your friend but a lot of newbie traders will do the same
because they think if trading is easy buddy

I think so. Many beginners got losses because they don't understand about crypto trading/investment. They just think too much about profits and high income without sufficient knowledge. They may be not aware of high risks from volatility on crypto market. people with these characteristics are potentially getting losses and quit in the early stage.
sr. member
Activity: 1414
Merit: 252
Keep it Simple guys :)
August 17, 2019, 05:51:27 PM
#19
Are you playing to lose or you are playing to win? a friend of mine lose all his bitcoin to trading and when he started complaining about i decide to take a look and i detected that he traded in a gambler's way.
He has 100$ and he traded just twice with 50$ which results in quick lose,im not an trading expert but most trading platforms always warn traders to limit their trading to the highest of 10$ which would have given him more chances to continue trading

Apart from not learning how trading works he is playing to lose,i think this is what many newbies are doing as well,if you are doing the same you will always end up losing your money,if you want to bet 50$ on a trade you must have thousands  of dollars on the trading platform not trading with 100$ and be praying for a miracle.

Trading is not something you can rush,expert traders out there spend days trading for profits and if a particular day is full of loss they quit trading for that day.

your friend didn't knew how to trade correctly, and not only your friend but a lot of newbie traders will do the same
because they think if trading is easy buddy
regards
member
Activity: 574
Merit: 14
August 17, 2019, 05:50:36 PM
#18
10$ or 50$ is really not much if your intention is to day trade and scalp some profit. Trading fees and withdrawal fee will wipe your profit. True, trading is more like gambling as there are no certainty reading the charts. you only improve your chances of profitable trade through study and experience
sr. member
Activity: 1176
Merit: 252
Futurov
August 17, 2019, 05:40:49 PM
#17
Are you playing to lose or you are playing to win? a friend of mine lose all his bitcoin to trading and when he started complaining about i decide to take a look and i detected that he traded in a gambler's way.
He has 100$ and he traded just twice with 50$ which results in quick lose,im not an trading expert but most trading platforms always warn traders to limit their trading to the highest of 10$ which would have given him more chances to continue trading

Apart from not learning how trading works he is playing to lose,i think this is what many newbies are doing as well,if you are doing the same you will always end up losing your money,if you want to bet 50$ on a trade you must have thousands  of dollars on the trading platform not trading with 100$ and be praying for a miracle.

Trading is not something you can rush,expert traders out there spend days trading for profits and if a particular day is full of loss they quit trading for that day.

thats why a lot of expert said if you want to trade in the right way, you should learn first before earn, and use a good money management system too
anyway i'm sorry to heard about your friends
jr. member
Activity: 277
Merit: 1
August 17, 2019, 05:36:10 PM
#16
The more you trade, the better you are at it. You do not start a thing now and expect to be a pro at it at that same time. It takes a process.
There are times you gain and there are times you lose, but you need to ensure that your loses do not outweigh your gains.

You are absolutely right because those mistakes are actual lessons except the person involved is dumb to a fault otherwise some lessons must be learnt along the line.
full member
Activity: 265
Merit: 102
August 17, 2019, 05:30:35 PM
#15
Yes if your newbie better to invest only little by little like if you have $100 then spread that so high chance that you can really will earn

Then in trading for me you need to retrieve only what you earn in your investment here then just hold what you invest already then just add some if you can still afford and do it little by little
jr. member
Activity: 277
Merit: 1
August 17, 2019, 05:32:52 PM
#15
Only traders with out knowledge about trading can lose their investment. Trading is good and profitable if you know how to trade correctly. It takes time to learn just to make sure not to lose but to earn profit. Me,personally earn just by trading but always not ib a hurry to avoid loses.

Let me ask a honest question, does it mean right from when you started trading you haven’t made a mistake as such that could be attributed to inexperience or a beginner? I don’t think I have come across anyone who hasn’t got burnt on this space before.
member
Activity: 280
Merit: 11
August 17, 2019, 05:30:08 PM
#14
The more you trade, the better you are at it. You do not start a thing now and expect to be a pro at it at that same time. It takes a process.
There are times you gain and there are times you lose, but you need to ensure that your loses do not outweigh your gains.
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