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Topic: Many new traders are playing to lose - page 8. (Read 1952 times)

full member
Activity: 1064
Merit: 101
September 04, 2019, 07:00:17 AM
Well, naturally, I am not sure about the credibility of this statistic, but I have heard that 95% of so called "traders" are losing money in the long term, so to be one of the "winning" 5%, you cant take a half-baked approach to it.
member
Activity: 350
Merit: 10
September 03, 2019, 06:46:21 PM
They are inexperienced, but they already want to get a big profit.  Whereas Cryptocurrency trading is not the same as other trades, where here we are required to know and have knowledge in Crypto trading.  We have a lot to learn, if we don't have that then we or the new traders will surely lose money.
hero member
Activity: 2828
Merit: 518
September 03, 2019, 06:39:44 PM
i think most of new traders are doing trade like gambling , buying without knowing anything and just hoping for price raise then lose xD
I don't think that's a problem because everything we've gone through in the beginning has failed and when we have had experience, we don't realize that we've experienced the same thing. So, it does not become a big problem if they lose at the beginning because it will all become a lesson that will make themselves better about this.
That's the way it should be but somehow many of them quit just because of the bad experience they have. They consider trading as a trial and error and mostly they think that trading will give them a big shot at first which is not. We'd like to see people become a successful trader but to ask them how many time they've lose...it probably countless of times. 
legendary
Activity: 1344
Merit: 1001
September 03, 2019, 06:17:55 PM
new traders do not have mature knowledge and they think trading will benefit quickly, even though it's not as easy as they think. in my opinion trading requires mature knowledge and patience in observing price charts. although it is very risky but also profitable if you win in trading.
New traders are hasty to earn money before get knowledge and experience from old traders. The result is blatantly obvious, they are playing to lose, nevertheless, new traders are new traders, it is simple. It is not easy than expected. Step by step you will learn without knowledge it is so risky to trade. No pain no gain. If you decide the learning to trade, you must be patient.
full member
Activity: 616
Merit: 100
Decentralized Ascending Auctions on Blockchain
September 03, 2019, 05:56:22 PM
The beginning of 2019 market prices was difficult to predict. But if you do daily trades, I think you have a lot of advantages. As a beginner, it is better you should be able to play fast due to market conditions especially Bitcoin. If the price is high it will not last long and then definitely will go down. Conditions like this are better for live coins sold when already making a profit.

However, if you want a long-term investment, of course, it can. But you also have to be patient and not panic easily. Because in trading you should be able to make a profit and do not lose.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
September 03, 2019, 05:48:10 PM
i think most of new traders are doing trade like gambling , buying without knowing anything and just hoping for price raise then lose xD
I don't think that's a problem because everything we've gone through in the beginning has failed and when we have had experience, we don't realize that we've experienced the same thing. So, it does not become a big problem if they lose at the beginning because it will all become a lesson that will make themselves better about this.
member
Activity: 250
Merit: 10
September 03, 2019, 05:10:31 PM
i think most of new traders are doing trade like gambling , buying without knowing anything and just hoping for price raise then lose xD
member
Activity: 194
Merit: 10
September 03, 2019, 03:55:41 PM
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.

We all went through something similar. At one time, I also spent a lot of money learning how to trade. I bought one coin with all the money and traded it, bearing great risks of losing all my capital. It was only with experience that the idea came to me that it is much more reliable to divide your money into several parts and trade various coins.
hero member
Activity: 2534
Merit: 586
September 03, 2019, 11:06:09 AM
Your friend is just gambling and his strategy is really ineffective. He really needs guidance and inspiration now.
and so I think you should be taught by someone who is good at trading signals.
Do we really have a pro trader, I can bet with you that most of the trader that you see place buy and sell order today don’t really study analysis or make use of any before they make trade, and they just look at the market and use their instinct to place order which has always been very wrong.

We only have very few people that knows how to make use of technical and fundamental analysis to really check a trade before they go into it, so I just look  at when  people complain of losing sometimes, and then I just shake my head for them because how can they not loose when they are just playing guess game, and gambling with their trade, which the op friend is honestly doing and never to be relied on by any trader who is willing to continue trading for long.
legendary
Activity: 1890
Merit: 1003
September 03, 2019, 07:58:32 AM
Learning to trade without loss for the new day is very difficult. If you do, then the illusion of capital is created. I think we should get down to trade by studying.
trading without losses is impossible. the market cannot always give only profitable trades. sometimes it will knock out your stop loss and you will lose a little, but that's fine
It is a game of whales and small fishes are the victim of an attack in this ocean. There is no enough power by the small group of traders in order to push market forward and back. The altcoins are investable but everyone should take care of the amount they intend to lose in the stormy days of the market.
full member
Activity: 941
Merit: 100
September 03, 2019, 07:53:24 AM
It is very normal actually.

Trade is very hard thing to do and even experienced traders having tough times from time to time. Inexperienced traders would rekt.
yes it is indeed very reasonable for crypto trading. especially for those who are just trading crypto assets, surely they will feel the difference from trading crypto with other assets.

in addition to ability traders should first learn about how to develop trading in market conditions that are not so good. but this way they will get valuable experience.
full member
Activity: 1048
Merit: 101
September 03, 2019, 07:52:41 AM
they play to win but don't consider all the consequences, while in trade it's a very high risk. for example new traders who do not have extensive experience about trading and they plunged into it without the knowledge of which made them lose. if you want to trade, do it with little capital and also while learning various ways to trade in several sources.
member
Activity: 553
Merit: 11
September 03, 2019, 07:50:36 AM
As a beginner, they have emotions that cannot be controlled. They buy coins but do not pay attention to market conditions. At least they did a review by looking at the movements of some exchanges like Binance.

As a beginner, they are too easy to lose money. But we also give appreciation because they are interested in trading. This is crypto need to thrive and can attract more investors.
hero member
Activity: 924
Merit: 506
September 03, 2019, 07:46:35 AM
It is very normal actually.Trade is very hard thing to do and even experienced traders having tough times from time to time. Inexperienced traders would rekt.Mostly new traders was forced to lose some money. They have to considered it as a profit in knowledge and loss in money alone.Once you learn with the loss, your mind will not forgot the things.Once you learn trading full, it will gives you 100 percentage profit for your investments.
hero member
Activity: 966
Merit: 500
📱 CARTESI 📱 INFRASTRUCTURE FOR SCA
September 03, 2019, 06:56:26 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.
No one wants to trade at a loss. It seems to me that your friend simply does not have experience in trading. Newbies often lose their balance and this is normal.
sr. member
Activity: 1270
Merit: 254
Oikos.cash | Decentralized Finance on Tron
September 03, 2019, 06:42:40 AM
Learning to trade without loss for the new day is very difficult. If you do, then the illusion of capital is created. I think we should get down to trade by studying.
trading without losses is impossible. the market cannot always give only profitable trades. sometimes it will knock out your stop loss and you will lose a little, but that's fine
member
Activity: 742
Merit: 12
September 03, 2019, 05:32:54 AM
When you are new and entered into the crypto trading business to make a quick buck, please keep in mind you can't do this. There is a high risk of losing funds in trading specially when you try getting rich. Better learn things first, start with a small amount like $10/$20 to get knowledge of how thing works. get tips from pro traders but not a shiller. Trade only in reliable exchange and with a popular currency like BTC, USDT, ETH. This will cut off your chance of losing funds.
member
Activity: 378
Merit: 10
Decentralized Continuous Audit& Reporting Protocol
September 03, 2019, 05:29:20 AM
Trading might appear to to be the easy way to make it but trust me it very demanding and entails a lot. Not only the financial stability you have to gain before start but also  the whole process, technical and time involve.
copper member
Activity: 1120
Merit: 2
September 03, 2019, 05:04:18 AM
Learning to trade without loss for the new day is very difficult. If you do, then the illusion of capital is created. I think we should get down to trade by studying.
jr. member
Activity: 296
Merit: 1
September 03, 2019, 02:21:04 AM
new traders do not have mature knowledge and they think trading will benefit quickly, even though it's not as easy as they think. in my opinion trading requires mature knowledge and patience in observing price charts. although it is very risky but also profitable if you win in trading.
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