Topic: Most Traders are Not Profitable - page 3. (Read 1540 times)
Cause they just follow the hype from YouTubers and influencers not the actual learning concept. Trading is like going to school to study a program.First you need the right mentors ,good mindset, willing to put in the effort and lastly put into practice what you have learn.It will also take time to become a profitable and professional traders most people are not willing to follow that route that why many fail in the trading business.
Also I faced similar thing by bought a subscription for one month, Firstly i am tried some free signals and I got success in few trade then I bought their paid course and at the first time I got profits but end of the day liquidation. No matter how experienced people are, They cannot guarantee about profit here.
Do you depend on your trading from the signals you pay for? Now you have proven that the signal you receive cannot be accurate either. but in trading, those who are experienced can minimize the risk of loss if the situation does not go according to plan. If you get a paid signal and are not told about the planning involved in the signal provided, maybe you bought the wrong signal.
I agree. Especially, I find trading channels interesting. Recently, I followed a couple of signals on futures based on these recommendations. Both signals ended up in liquidation, so most of these channels won't really improve trading skills; they might even harm them. Many novice traders often support the idea of easy profits, but the reality turns out to be quite different. I believe that to become a successful trader, one needs not only financial knowledge but also emotional stability and discipline.
Also I faced similar thing by bought a subscription for one month, Firstly i am tried some free signals and I got success in few trade then I bought their paid course and at the first time I got profits but end of the day liquidation. No matter how experienced people are, They cannot guarantee about profit here. 
Quote from: Nrcewker
The people about whom you are talking can be considered as influencers who sometimes trade. You can also say like this that they are influencers with trading as their niche. They attract trading audience and make money from them. I have seen many times these type of people edit their daily profits and post in videos and reels, then they ask to DM them and at last they provide paid course. Like other high risk work, trading also needs enough practice to make good money. It can’t be taken easily.
Depending on only one source of income is not good, which many traders has woken up from their sleep never to take only crypto trading as their only source of income and you can see that it has increased many traders in the community positively. I have seen many social media when some professional traders are conducting some tutorial on how to make profits from crypto trading and still remain profitable in other business, and a huge amount of people are learning from them and they are ready to pay for the service. Once you can be able to take the risk to practice what you have be thought concerning the trading, I think you can be part of those profitable traders.
In a trade, of course there are winners and losers, but some statements state that the number of traders who lose is much greater than the traders who win, this is due to the wrong mindset in trading. Most people trade with emotion and think that trading is a quick way to make money, on the other hand, those who experience big profits when trading become arrogant and become complacent and think that they are masters of trading, and of course there are many other factors.
As there is no definite and accurate information on this, I naturally do not accept this. If any such calculations were done by survey, I would believe that most traders are losing money instead of making profit. If most traders didn't make a profit then there wouldn't be so many coins bought and sold in the market. What we know is very little and because of that little knowledge we cannot compare all traders with that little amount of traders.
If a test is conducted among 100 traders, everyone's trading strategy will be different, everyone's trading skills will be different, everyone's experience will be different. Trading skill experience and strategy play a huge role in profit and loss in trading. Just as you cannot match an experienced trader with a new trader, you can never match an incompetent trader with a genuine trader. So I will always argue that most traders cannot trade profitably.
If a test is conducted among 100 traders, everyone's trading strategy will be different, everyone's trading skills will be different, everyone's experience will be different. Trading skill experience and strategy play a huge role in profit and loss in trading. Just as you cannot match an experienced trader with a new trader, you can never match an incompetent trader with a genuine trader. So I will always argue that most traders cannot trade profitably.
The probability of being profitable in trading is very low. Future is a very difficult thing to grasp in trading. In fact, if the maximum amount of profit could be made by trading, traders would not have come to YouTube and started various courses. I partially agree with your statement. First of all, if they were not profitable then people would not trust them. As a result, I think they must be doing these things based on their experience. Secondly the businessmen will be doing it on YouTube for their profit as well. But I also cannot deny that trading is risky and there is little chance of profit. This requires a considerable amount of research and time. And those who are novice traders should do proper amount of research judgment analysis. So what you do should be done carefully.
When it comes to trading, one should gain enough knowledge to be able to understand everything and be able to do things effectively, and over time, they will become experienced traders and then they will understand things that they might haven't understood initially when they just had knowledge but no experience.
Only if the trader continues to do that. Because there are traders that are frustrated already and that is what they want to do, to stop when it is no longer profitable to them.Many are fantasizing to become a trader but they didn't know that it takes time and money for them to become successful. When someone is called a trader, it is not always profitable at all and count more of their losses as it is more than the wins.
Whereas in practice it is not as easy as what is imagined, we are required to have knowledge, experience, even mentality will be very influential in an ongoing trade. Capital or money is certainly the first thing that must be owned and also keep in mind that the money that will be allocated to trade is money that we are responsible for.
When it comes to trading, one should gain enough knowledge to be able to understand everything and be able to do things effectively, and over time, they will become experienced traders and then they will understand things that they might haven't understood initially when they just had knowledge but no experience.
Only if the trader continues to do that. Because there are traders that are frustrated already and that is what they want to do, to stop when it is no longer profitable to them.Many are fantasizing to become a trader but they didn't know that it takes time and money for them to become successful. When someone is called a trader, it is not always profitable at all and count more of their losses as it is more than the wins.
Well, you could say that. But things like these doesn't happen specifically within the Trading World and I'm not so sure about the distinction between successful and unsuccessful traders doing this because as far as I'm concerned both sides of the spectrum will and have been able to put out their courses for a price. That's what they have . I've seen business gurus and motivational coaches from across the space talk about their stupid fucking courses that could make your ass rich overnight, long as you buy their courses that cost 5-10 bucks a piece. Unsuccessful traders here would often find themselves complaining about trading, and somewhat successful traders will find this whole rendezvous profitable and make it their main hustle until it stops working for them.
Clever traders and businessmen will profiteer out of it and make courses that wouldn't really help the students for shit cause they know that if their secret to success goes out they'd be toast, so just enough for it to be passable enough to not rile attention. That's been their formula all these years and I don't see that ever changing.
Clever traders and businessmen will profiteer out of it and make courses that wouldn't really help the students for shit cause they know that if their secret to success goes out they'd be toast, so just enough for it to be passable enough to not rile attention. That's been their formula all these years and I don't see that ever changing.
As long as they are making profits then they are good to go. Trading is not everyone's job because it requires a lot of patience.
Frequent losses will kill you from inside but you need patience to tackle the losses and still trade with skill to make profits.
A lot of it also depends on trading skills and that comes only with experience. We need to put in dedicated effort to gain those skills.
Experience comes with time, knowledge is the necessary thing to get started because when you know something, you can start doing it, and over time, you will become experienced in that thing, but if you don't know, the initial phase will be much more difficult for you because you will need to grind a lot until you become experienced and learn everything by failing several times in it which isn't a pleasant experience.Frequent losses will kill you from inside but you need patience to tackle the losses and still trade with skill to make profits.
A lot of it also depends on trading skills and that comes only with experience. We need to put in dedicated effort to gain those skills.
When it comes to trading, one should gain enough knowledge to be able to understand everything and be able to do things effectively, and over time, they will become experienced traders and then they will understand things that they might haven't understood initially when they just had knowledge but no experience.
A lot of traders are not as profitable as they claim to be. I don't know the exact percentage but I can say and stand to be corrected that 95% of traders even the so called professionals are not profitable. How do I know this through simple deduction. 95% of these unprofitable traders make their money through other means and their unsuspecting followers don't know this. Some of the means are
- starting a YouTube channel and making money of
a) affiliate program
b) YouTube ads
- Having a paid course.
- Trading signals
- Selling trading merch
- impressions
- and others.
The true 5% of traders that are very successful and profitable do not even have a YouTube channel (only a very few exceptions). They are strictly for trading only, day in and say out.
- starting a YouTube channel and making money of
a) affiliate program
b) YouTube ads
- Having a paid course.
- Trading signals
- Selling trading merch
- impressions
- and others.
The true 5% of traders that are very successful and profitable do not even have a YouTube channel (only a very few exceptions). They are strictly for trading only, day in and say out.
Honestly speaking, what you say is correct, but until now, the majority of traders in the field of cryptocurrency are still losers. And I think that's normal because maybe the other traders are still exploring or practicing so that some can improve their trading skills.
Also, with every defeat or loss, there are some people who still take it as a lesson to learn so that they can grow even more in the future with their trading skills that are being practiced right now, right?
As long as they are making profits then they are good to go. Trading is not everyone's job because it requires a lot of patience.
Frequent losses will kill you from inside but you need patience to tackle the losses and still trade with skill to make profits.
A lot of it also depends on trading skills and that comes only with experience. We need to put in dedicated effort to gain those skills.
Frequent losses will kill you from inside but you need patience to tackle the losses and still trade with skill to make profits.
A lot of it also depends on trading skills and that comes only with experience. We need to put in dedicated effort to gain those skills.
There are many people who invest but they don't understand how to invite and test because they don't know their basic knowledge.
Moreover, those who do tat are accepting the signal, there is no single, because if you take the signal, you will choose their sub, not choose on your own, if you can't do it yourself, then you will eat more with the profit and leave the exile with many singles. Today there are traders without interest, they only train in the market depending on the signal and they are the next to profit.
When someone trades without having knowledge of course they only do it based on what they see and not because of knowledge about how to analyze the market well and if they follow signals it is not certain that what they follow can be used fully of course we need good knowledge so that we can compare with the signals we get with the knowledge we have.Moreover, those who do tat are accepting the signal, there is no single, because if you take the signal, you will choose their sub, not choose on your own, if you can't do it yourself, then you will eat more with the profit and leave the exile with many singles. Today there are traders without interest, they only train in the market depending on the signal and they are the next to profit.
It is better to seek knowledge and also practice trading so that we can gain profits from trading because if we only rely on signals we could be wrong in choosing the signal provider service and we don't know and we also fail in trading.
Many like to show what they are not. And common people like to believe it without verifying it. If someone claims to be a successful trader, then there is nothing we can do. We should check before trusting someone. And successful traders who are less inclined to introduce themselves. Trading is not possible for everyone. Trading requires proper skills.
There is nothing we can do but the reality will sink in to them that they are not real traders and they're not really profitable at all. There's a lot of deception happening especially in social media when an influencer is trying to be famous with their own ways through trading.They make a lot of contents on how profitable they are and in reality, what makes them stay here is that their social media following and presence and just trying to be relevant but not really showing good results.
Many like to show what they are not. And common people like to believe it without verifying it. If someone claims to be a successful trader, then there is nothing we can do. We should check before trusting someone. And successful traders who are less inclined to introduce themselves. Trading is not possible for everyone. Trading requires proper skills.
There are many people who invest but they don't understand how to invite and test because they don't know their basic knowledge.
Moreover, those who do tat are accepting the signal, there is no single, because if you take the signal, you will choose their sub, not choose on your own, if you can't do it yourself, then you will eat more with the profit and leave the exile with many singles. Today there are traders without interest, they only train in the market depending on the signal and they are the next to profit.
Moreover, those who do tat are accepting the signal, there is no single, because if you take the signal, you will choose their sub, not choose on your own, if you can't do it yourself, then you will eat more with the profit and leave the exile with many singles. Today there are traders without interest, they only train in the market depending on the signal and they are the next to profit.
I agree. Especially, I find trading channels interesting. Recently, I followed a couple of signals on futures based on these recommendations. Both signals ended up in liquidation, so most of these channels won't really improve trading skills; they might even harm them. Many novice traders often support the idea of easy profits, but the reality turns out to be quite different. I believe that to become a successful trader, one needs not only financial knowledge but also emotional stability and discipline.
In addition to the financial knowledge and emotional stability, a trader also needs experience to become a profiting trader. Many traders are losing because they are depending on signal channels meanwhile signal channels aren't reliable. You don't know what you're receiving when they send you trading signals, you won't know if its a fake signal or an accurate signal and if you have the abilities to verify the signals you don't need to be using a signal channel for trading but depending on your own knowledge tobbe analyzing the market. Most traders aren't emotional alright, they lack the balance between their emotions therefore they open trades with emotions and it causes them to fail.
The fact that most traders lose their money is a banal truth known to almost all traders. But what is surprising is how little truly authoritative research has been done on this topic to support this thesis. In addition, the few studies that exist are devoted mainly to short-term day traders. As for medium-term traders who trade within a week, month or quarter, there are few such studies.
There is even less research on the profitability of investors than there is research on the profitability of medium-term traders. This may be due to the difficulty of such research, because it takes many years and not all investors are willing to disclose information about their profits.
But in general, all researchers have the same numbers. Over the long term, from 70 to 95-98% of traders lose their funds.
There is even less research on the profitability of investors than there is research on the profitability of medium-term traders. This may be due to the difficulty of such research, because it takes many years and not all investors are willing to disclose information about their profits.
But in general, all researchers have the same numbers. Over the long term, from 70 to 95-98% of traders lose their funds.
I agree. Especially, I find trading channels interesting. Recently, I followed a couple of signals on futures based on these recommendations. Both signals ended up in liquidation, so most of these channels won't really improve trading skills; they might even harm them. Many novice traders often support the idea of easy profits, but the reality turns out to be quite different. I believe that to become a successful trader, one needs not only financial knowledge but also emotional stability and discipline.
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