Many new traders are playing to lose - page 3.

tippytoes

sr. member

Activity: 1988

Merit: 275

Quote from: 103deltafox on September 22, 2019, 01:54:03 AM

Quite sorry for your friend, but this is the case for most new traders, they go into trading with full force hoping to make huge profits in a rush, without setting stop loss, also with little knowledge acquired they think they are good to go. No capital management.
The good thing is after the loss, they become more experienced and careful.

Greediness is the enemy of most traders. They thought they can get rich fast especially in crypto because of its volatility. However, someone needs to have knowledge and skill in crypto trading as most of them don't rely on TAs. Most of them are relying on coin's background, the capability of the team and many others that TAs are not in major play.

arrangut

jr. member

Activity: 168

Merit: 1

Quote from: yourdano on September 22, 2019, 05:26:13 PM

I would probably recommend you to have a look at their website, Hodium com - much information available there. And the process is basically very simple, so platform may be used by everyone - from beginners to professional traders. And kinda helps to reduce risks

Sounds more than impressing so far, thanks a lot for your recommendation. Will have a closer look and get back with own thoughts

yourdano

newbie

Activity: 70

Merit: 0

Quote from: arrangut on September 22, 2019, 05:25:13 PM

Hmm, this might be an interesting path. Is the platform available for everyone? How does it works exactly? Where can I check out more?

I would probably recommend you to have a look at their website, Hodium com - much information available there. And the process is basically very simple, so platform may be used by everyone - from beginners to professional traders. And kinda helps to reduce risks

arrangut

jr. member

Activity: 168

Merit: 1

Quote from: yourdano on September 22, 2019, 05:24:30 PM

In general you are right. But how about platforms that offer advanced solutions in here? Kinda the ones that allow you to deposit funds and then they invest for you? For example, as I know, the most advanced on the market is Hodium - heard of them already?

Hmm, this might be an interesting path. Is the platform available for everyone? How does it works exactly? Where can I check out more?

yourdano

newbie

Activity: 70

Merit: 0

Quote from: arrangut on September 22, 2019, 05:23:01 PM

Hello there mate. For sure, investing makes sense, however, as known, being an investor requires a lot of knowledge. So I wouldn't say that this type of getting profit is for everyone

In general you are right. But how about platforms that offer advanced solutions in here? Kinda the ones that allow you to deposit funds and then they invest for you? For example, as I know, the most advanced on the market is Hodium - heard of them already?

arrangut

jr. member

Activity: 168

Merit: 1

Quote from: yourdano on September 22, 2019, 05:22:06 PM

Afternoon ladies and gentlemen. And how about investing? In my point of view, also a pretty rational alternative

Hello there mate. For sure, investing makes sense, however, as known, being an investor requires a lot of knowledge. So I wouldn't say that this type of getting profit is for everyone

yourdano

newbie

Activity: 70

Merit: 0

Afternoon ladies and gentlemen. And how about investing? In my point of view, also a pretty rational alternative

103deltafox

full member

Activity: 491

Merit: 100

Quite sorry for your friend, but this is the case for most new traders, they go into trading with full force hoping to make huge profits in a rush, without setting stop loss, also with little knowledge acquired they think they are good to go. No capital management.
The good thing is after the loss, they become more experienced and careful.

OnceTwiceThird

member

Activity: 606

Merit: 10

Many new trader do not know when the best time to buy and sell, many of them never learning about chart of some altcoin or bitcoin to buy or to sell and always buy at higher price.

DonInvestor

newbie

Activity: 15

Merit: 0

In my opinion we have a plenty of scammers which advice to buy and buy each time when bitcoin and cryptocurrency grow significantly. After that an beginner investor spend money during bubble (because guy from youtube told him), which means the worst case scenario or catastrophe for him.

sjbi

member

Activity: 770

Merit: 14

www.thegeomadao.com

Trading needs some knowledge about how cryptocurrency works in the market. We can get trading knowledge from experts and we can find tutorials on the internet. Without trading knowledge, one is expected to end up suffering loss. Most of investors including newbies tend to involve in trading without knowledge. So we need trading knowledge to reduce loss and get returns on investment.

letyouearn

legendary

Activity: 1722

Merit: 1014

I think that wouldn't be a mistake to say that 95% of traders are losing their money, they are playing to lose. That's the reality of every trading market. Big and smart guys wins as much as newbies and gamblers lose. Sad but true.

Ben Shedly

member

Activity: 242

Merit: 10

CurioInvest [IEO Live]

Successful traders are not going for a couple of weeks. Even if you crush your $ 100 order for $ 1, then vseravno no trade skills you lose. So before you start trading you need to learn the theory of the trade, and then later sell amounts for a few dollars to turn out the practice.

Dread Pirate Roberts

sr. member

Activity: 1512

Merit: 326

But in fact when viewed this year's graph tends to always go up. but also the price dropped dramatically in the middle of this year did make all traders panic with their assets, but for the strong hand still get a profit. and it is indeed a challenge for new traders, I myself had a big loss this year, even though if I keep holding until now I should have made a big profit.

armarsterling7

member

Activity: 420

Merit: 10

Quote from: Kvalentine on August 17, 2019, 05:29:01 AM

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 really don't want to lose money so investing really needs to be thoughtful. It takes analysis before you want to buy anything. nothing can be sure as long as you get it wrong after a minute has passed you can lose thousands of dollars. So try to understand carefully and make the right decision if you do not want to lose

nur rochid

full member

Activity: 1050

Merit: 100

Quote from: desticy on September 19, 2019, 10:54:23 AM

Everyone understands that trading is difficult. But not everyone understands this, because for this you need to go a long way and make a lot of mistakes that will entail losses.
This is how beginners become professionals. The most difficult thing in trading is the discipline itself. People often gamble.

right, everything needs a process, including trading. for novice traders who never give up, of course their mistakes will be evaluated so they do not repeat it again in the next trade. if this is done continuously, it will become an experienced trader later. trading is difficult, if we can't control our emotions

ttcsalam

copper member

Activity: 1120

Merit: 2

You have told the truth. If you want to understand trading strategy then study is required. If you do not understand the market trends, then you are more likely to lose. To be a good trader, you always have to be updated. Always have international economic knowledge. And take care of the rise in the price of Bitcoin. Then it is possible to be a good trader.

desticy

sr. member

Activity: 1512

Merit: 292

www.cd3d.app

Everyone understands that trading is difficult. But not everyone understands this, because for this you need to go a long way and make a lot of mistakes that will entail losses.
This is how beginners become professionals. The most difficult thing in trading is the discipline itself. People often gamble.

NoirSuccubus

full member

Activity: 353

Merit: 108

It is just part of the process of learning. But it is better to start off with a stable coin if you don’t know how trading works or you want to get your hands in this business. It is better to have some money as a capital or security deposit rather than trading blindly. I had to learn this the by making some foolish mistakes.

Pamadar

legendary

Activity: 2982

Merit: 1028

Quote from: Marble777 on September 17, 2019, 09:42:34 AM

basically don't ever do things outside of your limits because that will only make you lose everything. I mean if someone who has no knowledge of trading is very risky, at least before trading make sure you can manage your financial management (small capital for a start) and have a basic strategy (observing price charts) before joining the world of trading.

Good observation with determination to acquire more knowledge instead of moving forward without any plans. You have to learn every statistically factors that will give you advance information to really work and advance you up and avoid losing your money each time you trade.

Playing to earn and not to keep yourself losing your investment. New traders have a big room to learn from the market, even you suffer some loses from the start, you can still increase your chance once you learned the proper ways of trading.

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