Topic: Many new traders are playing to lose - page 5. (Read 1893 times)
Its not just your friend there are many people who lost their money in trading. Trading is a very profitable way to push your asset up but only when you are a expert. In most of the cases newcomers think trading is very easy this whole market is just made of green marks. Some of them are into fake pump and dump group and after in few days they lost their asset. That's why I always recommend if you are new to this market or don't understand how trading works then just hold bitcoin and educate yourself how this market works and then go for day trading.
I am playing to win big.
We should not play the game and start fast if we want to win.
We should wait for some time and let the game goes on while watching it.
I took 2-3 days watching the movement before i start playing. i also follow their social media and telegram if i want to gain more.
One of the best movement we are having now is EOSBET @ BINANCE DEX.
We should not play the game and start fast if we want to win.
We should wait for some time and let the game goes on while watching it.
I took 2-3 days watching the movement before i start playing. i also follow their social media and telegram if i want to gain more.
One of the best movement we are having now is EOSBET @ BINANCE DEX.
New traders tend to lose is not a new thing. Its always like that and it does not matter whether its crypto or stock trading. Over the time, they learn tricks. if they dont learn those tricks, they will not be successful.
Sad for him, of course but we all have to learn. He made some actions and this is a base for analysis. Some never dare to start.
Trading is more sophisticated than it seems to appear. Learning the basis is not even enough! Learn and practice then gather experience. Emotional balance is as important as any best strategy to think of. Trading requires lots of patience too.
Too many things to take care of before consistent profit can be achieved.
Newbies must learn over and over before trading if they want to profit.
Too many things to take care of before consistent profit can be achieved.
Newbies must learn over and over before trading if they want to profit.
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.
Being expert and skilled in trading will not guarantee a sure profit but sometimes it needs to associate with luck. If your friend is just lucky on that day you will might also follow his steps and will depend on luck too but if we don't have the courage to do the gamble then it would be better if we do not put all of our eggs in one basket.
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.
seriously, if you are talking about crypto trading then i will say you should not make it look like a gamble, the amount you trade with does not matter here, what matters is you investing in the right coin so that you can make your profit.
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.
its okay, something normal for them , my mean for newbie to learning from what their doing, maybe some newbie didn't want to learn before they do trade. also most of them want to get rich by instans. Without many knowledge they just throw their money
I believe you trade either for long term or short ! In crypto they say you don’t lose until you sell at loss ! Although some people don’t know the trading rules which turn them to forceful holders which they didn’t plan because of lack of orientation !
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.
Well, I have not seen an exchange that tells it's trader the actual amount to trade, it there is usually a general warning to trade with caution and to trade with spare money, which is what you can afford to lose. However, despite these warnings, some still lose a lot and make then to say all sort of things, such as putting blame on those who should not receive the blame.
What you see in those ads are binary options, and they are not considered to be trading. Your observation that they are similar to gambling is spot-on! Many regulators consider binary options to be gambling: https://en.wikipedia.org/wiki/Binary_option
when we trying in first time many of them are winning and get profit because make open position in market, but after that they are getting lose money from binary and make user to deposit more and more.
i see many case like this, especially i know this from my friend case and he is tell to me and make nonsense
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.
I feel everyone at some point tasted this waters. Most times every trader thinks its a gamble I don't support trading without learning and understanding the market. Everyone should study first before venturing into trading.
it is not surprising , not only traders are making a mistake of not learning the ropes before risking their money
I would not even call them traders , your friend is just a noob trying his hand at trading
being a trader means at least understanding of how does the trading work
this is indeed looks like gambling , just a quick all -in and waiting to get instant result
when the inevitable loss came , chasing your loss , thus driving your balance deeper into red
tell your friend to spend some time reading about trading strategies or even testing them with a free trading terminal
I would not even call them traders , your friend is just a noob trying his hand at trading
being a trader means at least understanding of how does the trading work
this is indeed looks like gambling , just a quick all -in and waiting to get instant result
when the inevitable loss came , chasing your loss , thus driving your balance deeper into red
tell your friend to spend some time reading about trading strategies or even testing them with a free trading terminal
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 probably traded only for the sake of emotions and he was not very worried about earnings, there are many such people, it's like addiction) 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.
Maybe your friend wanted to hit it really big forgetting that therr is a greater likelihood of loosing than win. I hope he has learned some lessons from his initial expensive
Why would someone put in half of his available trading money in a deal. If there is anything I have understood it is that however prospective a certain move might look there is also a high degree of it going bunkers. So folks should be cautious when staking their money
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