Topic: Most Traders are Not Profitable - page 2. (Read 2360 times)

On a consolidating market on which you dont really know on where prices could potentially go then this is something which is really that hard to make out some position whether it would really be a long or short position
due to the market on which it is thato n unsure state. This is why some people would really be waiting until to make up some wick on a certain candle whether going up or down and would really be taking it as a signal for them to make that entry. Handling  yourself into this unpredictable space isnt something that easy or something that you would really be able to make yourself that having some assurance about making profits.

This is why outcome and results would really be that determining on how well you are on making up your positions and decisions. Also, luck factor would really be that also significant on this regard.
You cant really be just that totally relying with luck on which of course it would be basing up on the TA+FA that you've been using. It is really just that to hard for you to have those considerations
on assuming that it would really be that 100% precise.

It's really hard to make a profit in times like this where the market doesn't move much, especially if you're spot-based. Although if you base your profit on futures trading, the price of bitcoin is not that volatile. But you should always have an understanding of futures trading.

And if you ever do the futures trade, don't ever try to trade in other crypto's; instead, just focus on BTCUSDT so that you are at least safe, but on the spot instead of trading, hold and DCA, that's my advice.

With knowledge of course it will be able to make a person able to analyze first before they decide something in trading, but patience also plays an important role in being able to make a decision carefully in analyzing the right time to enter trading because if we make a decision in a hurry, of course we will not be able to make the right decision and that will result in bad results that we will get from the trade we do.

I agree with you, even though we have good experience in trading, we should continue to learn about trading so that we can know all the changes that happen in the market and we are prepared with the knowledge we have and will still be able to make the right decision for our trading. but if we stop learning, of course it will be difficult for us to keep up with the developments that are happening so that we can't analyze well and we can't make the right decision either.

It is very difficult to calculate the trader’s profit for the period, if this is medium -term trade, then you should forget about such concepts as earnings in a month. Long -term or medium -term transactions can last months, and you have no guarantees that they will be profitable. Only after the closing of transactions, you can calculate the profit, and if you want to divide it by the number of months, to understand what average profit you received in a month. In trading, making money is not easy, and this requires a lot of practice and experience.

Actually, having a trading knowledge is cool but it really depends on the skills and experience. That's why it's really hard just to rely on your trading knowledge but if you don't have the experience then you will just lose your money.

And traders will be profitable if they are earning $100+ a day if they are doing future trading, and on spot trader it would be $500 - 1000 a month

By utilizing the knowledge and skills in the business financial statements competitive landscape and other relevant information must be analyzed to make decisions to achieve clear investment goals. Also the changing business environment needs to be studied regularly so as to bring flexibility in decision making to any changes. One should diversify his investment portfolio. A long term investment perspective should be developed by understanding the risk tolerance so that the business is profitable.

Learning is the first action that must be prioritized in any case especially when you want to get involved in something new you find, and for the problem of getting profits I think it is something they will definitely get, like a saying that "the process will never betray the results", meaning that if you have a strong willingness to learn then surely over time you will also gain the knowledge needed to benefit, and that is a situation experienced by everyone in any field, because there is no success without the action to learn.

On the other hand, of course trading is a risky activity, so that's why a trader is advised to learn various things related to the world of trading, and believe me that if you really have strong intentions and determination then surely you will also be able to make a profit, but another thing that must also be prioritized is risk management, or that means learning various things that lead to risk management, such as mental and psychological training, implementing risk management, such as mental and psychological training, applying bankroll management and good planning and the last is setting stop los and take profit, learn everything slowly, not rushing like you said, it's okay to do it slowly and with small capital rather than doing it blindly and aggressively but instead end up with bad results or experience a lot of losses.

Sure. Knowledge has a big role to make the decision. If we have good knowledge, we can be easier to make the right decision. So, it is not so difficult to make profits. But if we have lack of knowledge, how we can make the right decision? The decision will always depend on the knowledge. That's why it is very important to keep learning although we already traded for a long time. Sometimes, the market trend changes, we must consider more factors to make a decision. If we stop learning, we may have no improvement in our knowledge. So we may make the same mistake in making the decision.

We start trading you are not sure if you are going to make money or not but when you see what people are making then you won’t want to give up. And the more you keep up with market the more you get more experience and eventually you start making profits and when you make you first profit you will be happy and want to do more since your waiting and hard work have paid. If you are good at doing analysis then you have a good chances of making profits. You can only make money when you are good at understanding the markets. Very risky but anything that as to do with risk I love such places because their is always money to be made from their. But even if all your mindset is to make money from trading, but the same time we have to be very care because their are people that are to hasty because you can fall.

People like to show what they are not.This is observed in all sectors.Trading is no exception.Trading is a very difficult medium to succeed in. Trading is not possible for everyone.So some people resort to lies to maintain their image.Through these lies they also earn money.

People who do not know much about trading, and still end up trying their very best, could still end up with a little bit of profit. However, people who have absolutely no idea, and not even try to do anything, could end up with something quite bad, because they just read from others what to buy and they end up making stupid decisions. Most traders are not even traders, most traders are newbies who are under the influence of influencers and as long as that exists, we are going to see most people keep losing money as well.

I believe that the better way would be just realizing their mistake, and learn how to trade themselves, if they can do that then there isn't really anything that can stop them, they will gradually become better and better.

It would really be just that too impossible that you wont really be able to make yourself learn on the moment that you would really be dealing up with the market in a period of time on which we know that real time engagement would really be giving out that kind of experience and learnings on which it would really be something viable or relevant when you are trying out to pursue this trading career. Just make yourself that not being on a rush because if you do then you would really be finding yourself desperate or simply being impatient would really be just leading into disaster. This is why you should really be careful on such aspect if you dont really like yourself to be that patient because you will really rushing up. Everything would really be coming in hand as you do go forward.

Profit chasing is never been that ideal as you would really be that making yourself that desperate. So taking it on a slow pace but surely will really be always that much preferred and recommended.

Even though they don't know for sure whether they can get a profit or not, at least with years of experience and knowledge in analyzing an asset, of course they can at least predict it well and definitely make a profit there. It is true that trading can make quite a lot of money in a short time, but this job is very risky. It's best not to trade every day and don't be too hasty in making trades. You have to think carefully first in analyzing it and then start trading on the market.

I was once a synthetic indices day trader and meh, it wasn’t an easy one as there are days were I have to trade for days or weeks to cover up for a single days loss.
@op, your post has actually given me more light into the activities of these very active social media professional traders because I’m beginning to wonder how these guys get all the time for their social media accounts and activities and still have the time to run all those their physical classes and seminars and still have the time for their personal  tradings because the last time I checked, this trading of a thing is not just time consuming but also mentally, physically, emotionally and also financially exhausting.

A while lots of research have also proven that, a lot of traders aren’t really profitable as they claim but that doesn’t mean they aren’t making profits and basically success in trading simply means your profits are more than your losses.

I don't think just about sharing experiences, knowledge and so on but people see opportunities to make money on several media platforms.
This is done by several traders and they use their skills to create trading content which they then share on YouTube.
No one is saying they failed, but most people like this have a different view and they deliberately produce content to make a profit on the platform.

Influencers do have several categories and most of them take advantage of some of the existing potential.
On the other hand, traders and the skills they have make it possible to make educational videos that are shared on YouTube channels to make money.
The target remains at the stage of making a profit and people who are successful in trading will usually only share their journey in trading rather than brag about their success with the amount of profit they have earned.

No matter how experienced or old a trader they are in crypto trading, they cannot be sure that they will make a profit. In this type of trading, profit can be made in a moment and money can be lost in a moment. The point you mentioned here is that most traders say that they can't make a profit. Try to get to know the people who are saying this and how well they are trading. I believe if they run their trade properly their profits will be more than their losses. Most of the new traders are in too much of a hurry when it comes to trading and they get too excited at short notice which is why they miss out on profits.

You are right, every trader learns crypto trading on the same basis but when trading it will of course really depend on a person's understanding of the extent to which they understand trading and if they don't do it with a little understanding of trading it will certainly be difficult for them to survive due to losses. experienced in the trading they do, but if they choose to correct the mistakes they make, of course this will make them better when they return to trading and for some people who consider trading like gambling, it is certainly very unlikely that they will be able to survive for long because just waiting for luck to be able to make a profit on the trading they do.

We traders actually have the same basis that we study in crypto trading; even the tool indicators used in actual trade are the same. It's just different in the execution of what we learned in trading, right? And technical and fundamental analysis.

Now, if there are traders who do not become profitable, it is because they have not absorbed well what they know or have studied in trading, or they simply lack knowledge because they are too lazy to study it. That's all. .  And the others are also not profitable because they think that trading is like gambling, so they will not be profitable in trading because they have the wrong mindset.

Correct. Trading is not always profitable. What is different is how they respond when they experience a loss. Unprofessional traders certainly consider losses as a disaster and do not want to learn from mistakes. but for professional traders they will learn from mistakes and rearrange their strategies. In essence, trading means learning many strategies, but finding a strategy that suits us, and focusing on that strategy. So stay calm, don't push too hard, and control your psychology. If we can master it, I'm sure trading will be profitable, even though it's not always profitable, but at least if we experience a loss, we understand how to recover the loss.

In the current era of social media, many people want to use social media to share experiences, knowledge and so on, of course what they want to achieve is additional income from YouTube. And that's very normal in this day and age, it doesn't mean that those who have YouTube channels fail in trading, many of them are successful in trading and want to motivate other people to trade or more precisely attract followers. However, what is clear is that trading is not always detrimental and not always profitable. It all depends on us to recover the losses and when we make a profit, we can also maintain consistency. This can all happen with knowledge and experience.

Trading does not always produce profits and there are times when they experience losses in trading.
The difference is that experienced people understand how to recover losses and they can take profits in the next trade.
But for traders who are not professional, when they experience a loss they will try to do something that is not profitable.
This process occurs because their trading skills are inadequate so they will stop due to losses.

This is in line with steps to maintain security and they will not boast of success in trading just to make money on a YouTube channel or other media.
But most of what I found were traders who had YouTube channels and they tried to explain the trading patterns they were doing. The goals can be varied and some may also talk about the income paid on YouTube.