Topic: Many new traders are playing to lose - page 4. (Read 1893 times)
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.
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.
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.
The fact is not every person ini this world has ability in trading. People need patient in this kind of job. We must not rush on it. If we can not be patient, we will get lose so much money. In gambling, anything unpredictable can be happen. All risk must be face.
Beginners are only quickly tempted by promotion of benefits offered, moreover they are lazy to think, will become easy prey in the game or trade
new traders is amateur, usually they only use their felling to buy, and hope the price will gain in next day.
actually they are lot factor can effect of price fundamental/technical analysis, good/bad news.
and announcement with new partnership, or have a new development.
but it all does not mean anymore if someone or a group plans to pump on certain types of coins, usually not long but can cause great losses if you are late to join.
actually they are lot factor can effect of price fundamental/technical analysis, good/bad news.
and announcement with new partnership, or have a new development.
but it all does not mean anymore if someone or a group plans to pump on certain types of coins, usually not long but can cause great losses if you are late to join.
Trading is a very difficult job, because in addition to the basic concepts of market analysis, you must understand that the cryptocurrency market is also easy to manipulate. All risks are your responsibility.
Tell that to newbies, that come here to make a profit. They don't think about anything else, they don`t know for anything else, just profit, and when they realize that trading isn`t just making profit they start crying.
I lost some money with day trading in the beginning. I didn`t know what to do, I was making trades in a hurry, on a feeling, of course I was losing. Only later I found that long term trading suits me much more.
Trading is a very difficult job, because in addition to the basic concepts of market analysis, you must understand that the cryptocurrency market is also easy to manipulate. All risks are your responsibility.
The is the combination of impatience and lack of experience. These kind of new traders thinking they want to get a lot of profits by just trading a week or so and and if they don't get that then will whine forever and will just let their money be gone forever. These are the type just come and go and it is much better that they leave early and not us wanting them to lose much more because it would be very unhealthy for them. They are not fit in this kind of market.
I agree, if you want to consistently get profits from our trading, you must be able to be patient and manage your emotions. Good psychology is a key factor for being able to analyze the market well and make strategies that can generate profits
many new traders lose their money.because they do not know how to trade well and their strategy is not enough. Your friends may be in a hurry.😅Trading is not just a game it's need time,reaserch,discipline and plan's before doing.even those ho are expert or have a long term on trading they lose a large amount of their money before they get a high profit's.Hope this will be a lesson to all new traders You don't have to rush to get the big profit that you want . Just get the right timing right decisions and be patience.
Trading is not suitable for everyone. Only people who are able to control their emotions and also people who are able to analyze the market that will be successful in the trading world. With the crypto market movement which is very volatile, if we want to make a profit, we have to wait patiently for the right time to buy or sell
many new traders lose their money.because they do not know how to trade well and their strategy is not enough. Your friends may be in a hurry.😅Trading is not just a game it's need time,research,discipline and plan's before doing.even those who are expert or have a long term on trading they lose a large amount of their money before they get a high profit's.Hope this will be a lesson to all new traders You don't have to rush to get the big profit that you want . Just get the right timing right decisions and be patience.
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.
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.
You have spoken well. The culture of reading in cryptocurrency has diminished as people are now after quick bucks. Years ago, you have to read tons of materials to learn the do's and don'ts of the industry even before participating in trading. Another factor making traders loose money is greed. If you have lots of it, you will be recked
I think he is trading with high leverage and this is a risk, you should learn to trade because this is not trading but gambling.
You can't remove the fact that in trading there's always a risk. Whether you trade at the lowest possible outcome, you will have to take the risk. It has always been associated too that trading is a kind of gambling because there's risk but let's not compare and trading. They are both two different areas where you can mostly excel on the other area while not for the other side.
In whatever outlet you are good with, you need to cultivate it. If you are a very talented and knows how to trade and has a lot of experiences, stay on it and make good trades.
Trading is not really easy. And, unfortunately, many new traders think that they will soon become rich in this market with doing trade. But in the end they losing a big part of money. The important thing is to take a lesson from it, despite at least financial damage and be careful in other trials. It should be noted that the crypto market is highly variable. So we need to be very careful and knowledgeable about the market to trade.
People treat crypto as a gambling or a game with a "quick profit" mode. It can really work in some occasions but crypto is too complex and unstable. Even great traders using tech and fundamental analyses can lose funds.
IMHO such people are too greedy and want "all at once" as they also been influenced by media and advertising channels that promote "quick" rewards.
It's more important to discipline greed and discipline yourself, patience, more patience and clear mind.
IMHO such people are too greedy and want "all at once" as they also been influenced by media and advertising channels that promote "quick" rewards.
It's more important to discipline greed and discipline yourself, patience, more patience and clear mind.
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, that's right, you noticed, your friend, like many who come to cryptocurrency and trading, thinks he can get rich in 2 clicks. But, of course, this does not happen, trading, as a rule, is a separate problem, and in order to start making money on trading, you need to devote a lot of time to understanding the philosophy of the market, yourself and the crowd. Choose a niche in which you can fully realize yourself, which means that you will have to trade in more than one cryptocurrency market. I could list for a long time what needs to be done to become a successful trader, so tell your friend if he really wants to become a trader, then you need to start training, and let him start his training with a risk limit)) If you do not want to study, it’s better to just go to the casino. 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.
Trading - crypto or traditional - can allow good earnings, but only if it is dealt with seriousness and discipline, and under the guidance of an experienced trader.
Most new traders believe instead of being at the casino, and obviously the results are the same as at the casino.
Most new traders believe instead of being at the casino, and obviously the results are the same as at the casino.
many say trading is very easy and very fast to make money, but for me it's not like that. for me trading faster drains assets and thoughts! I have learned to trade for one year but the return is only a few% of the capital that I use. but I am beginning to understand that trading is a high risk if you do not have the skills, experience, patience, not panic and can also control your emotional attitude when trading.
Trading short term is a receipt for disaster in any market and I have learnt it the hard way . Factor in the 24 hour window and the extreme volatility in crypto currency you are more likely to exit at a loss
They are rushing and not thinking to predict what will happen on the market in the future. Maybe it can be a lesson to people who want to start to join in crypto.
if your friend is a newbie it's normal for me. I have also experienced and done the same thing but I learned to improve money management and technical analysis after that. I think every beginner has experienced that, and the valuable thing they get is the experience and the desire not to lose again.
yup! you are right.indeed every newbie must have passed that time. and it is a great experience as well as a great teacher that will keep us learning more.
no matter how big a mistake we made in the past, if we want to learn, i think one day we will be successful in trading. until now i also continue to study and try to collect more profit than loss. i hope i will succeed.
Not only your friends but the majority of the traders are also the feeding source of another side-winners. The market always rewards the best traders who have the proper education on the required spheres, the average trader is not able to gain a decent profit in the crypto markets. Many traders lost the amounts bigger than they can afford to lose due to the emtoional trading especiailly the greed. The fear and greed are the two enemies of the any trader but traders prefer to do what they think about the market trading patterns. Trading the patterns is the name of the required skill from the traders and the knowledge is essential as a confirmation of the trades.
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