Topic: Most Traders are Not Profitable - page 6. (Read 2358 times)

That's right, understanding candle sticks and several other components that can provide us with information to determine price movements will help us to determine the right time to buy or sell cryptocurrency. But the main component that we must have is patience and must not be easily influenced by the situation at the exchange. Sometimes when the price rises high many people want to enter and after entering the price falls very deeply. This is why it is important to keep your patience under control so that you are not easily affected by situations like this.

Hmm I think there is a possibility that your colleague is involved in the world of trading by bringing the wrong approach, I can't be sure or guess about what the problem is, but in some cases usually the cause of experiencing significant losses is one of them because they have the wrong mindset such as thinking that trading is an alternative to getting rich in a short time where they put too much hope so that they always make decisions that tend to be too hasty without careful consideration to identify. and maybe they are traders who have not fully controlled themselves such as experiencing excessive emotions when experiencing losses which when someone is trapped in emotions and does not have the ability to control them, they will usually try to do various things based on emotions, and maybe they are also traders who have not fully controlled themselves such as experiencing excessive emotions when experiencing losses where when someone is trapped in emotions and does not have the ability to control them, they will usually try to do various things based on emotions with the aim of recovering the situation where these actions are certainly likely to make a trader end up experiencing more losses to MC, or other factors.

On the other hand I think we should have understood from the beginning that however trading is an activity that has the possibility of risk that can never be avoided completely and this is why we always say and advise to put a lot of caution along with applying risk management firmly, meaning that it is normal if trading does not always give you profits and if you feel that you always experience a lot of losses without any change then yes maybe trading is not the right place for you.

Exactly because many people are trading without them making any research on the platform and the areas they were not good that were making them to lose. They have to know the areas that they are not doing well in the trading process. And also they should not greedy in their trading because greediness makes many people to lose or not making any profit from their trading. And many traders do not understand chart so when the market is about to decline they would still be trading and immediately everything that they have gotten would just disappeared.

If you want to profit from trading you have to understand the candle sticks and the market chart 📈 📉 so that you will be full aware and understand what is happening in the market. Don't just rush to the market.

I think If we want to earn profit in trading then we have to correct our choosing factor also , one of which is the currency you choose.  Sometimes we invest in a currency after seeing it go up quickly, and then soon it starts to lose.  This loss is caused by our wrong choices.  So we should always be careful in our selection and preferably invest in top 20 currencies.  Investing in top 20 currencies reduces risks and keeps your investment safe.  Investing in selected currencies with good research and accurate market information reduces your chances of loss.  Avoid investing in haste without doing your research and market analysis and make top 20 currencies your first priority.  This way you can get better results in trading and avoid losses. And can earn profit.

If we go by the way we are performing our trades, some are making it and earning from it while some are loosing on trades, not until we have discovered the means through which we can engaged on a safe trades in other to make profit, we may only be revolving round about a single spot without having anything to show from it, i also expect the long term traders to be able to have enough patience to wait and earn from their investment when matured, while short trader should also understand the risk involved in day trading or scalping.

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Business cannot be done with the assumption that it will always be profitable. This is not the case only in the case of trading, but in the case of real businesses, the issues are similar. In real business we see that the trader earns a lot of profit in one season and in another season they don't earn profit. That is, they pass the whole year with the profit that they earn in the season that is good.


In the case of online trading, we can gain money and lose money, then we have to accept these two and then we have to trade. But if the traders are regularly losing money in gambling then the matter is different and then the trading skills of those traders must be questioned. If we apply our skills and analyze the market well, if we can trade, then the result is more likely to be in our favor than against us, but in this case, we must avoid excessive greed. Every day we have to fix specific target and conduct our trading accordingly.

I've seen how hardworking my partner in trading but also stressed due to significant losses. However, not only my husband, but many of our friends, have stated that it is not profitable for them. So I'd have to conclude that trading isn't very profitable for us right now, and we're losing a lot of money.

Profitability will be depending into these following factors:

1. How well you do trade
2. How knowledgeable you are
3. Risk:Reward Ratio
4. Decision making
5. Fund management

Trading might really that sounds too easy to learn or deal with but on the moment that you are on such moment or situation then those impressions would definitely change instantly.
When it comes to loses then its something which cant really be avoided no matter how well you are as a trader then this is something that cant be avoided. Loses is something that been part of trading.
You cant really be always that profitable or being constant or simply making money anytime. This isnt how trading works and dealing up with volatile space then mistakes normally happen.

This is why trading is really that like a tug-of-war in between sellers and buyers on which the one which is better is the one who would really be able to make money.
If there would really be that someone who do make money on the one side then the other side loses which its the most basic concept on how this market works.
This is why you cant really tell yourself that you could be always on the winning side which it cant be possible.

But some people do believe that earning is something that will really be that too easy for them to do so.  

On the moment that you would really be finding yourself on such situation or on the condition that you would be that experiencing then it would really be that so damn hard for you to deal up with unpredictable space. Trading is never been that easy nor never been that simple on which this one would really be causing up that tons of loses if you dont make yourself that mindful about of your actions.

Dont mind yourself on having that earning first but rather you should be thinking up on how you would really be able to sustain yourself on this volatile space.
Profit would come after on the moment that you have seen yourself that been on sustaining condition or moment.

To make a profit from trading, it is not necessary to know about trading properly. I know many people who know good about trading yet they lose a lot of their capital many times. Again we see that they come back with a lot of profit but sometimes they go through losses. I have a younger brother who lost 180 dollars in a day trading with only 10 dollars and made 200 dollars with another 10 dollars in that day. But although I have heard a lot about successful businessmen, I have yet to see one it would be wrong, but my younger brother is successful. That is still trading successfully.

This is facts. Trading is strictly learning before earning..but most people wants to jump the process and focus on the earning alone without learning..I've been trading for few years now & I'm still learning ahah.

Every beginner who doesn't learn about trading will of course trade like gambling and not do any analysis before deciding to buy a coin and this will cause them to lose the money they use for trading, if as a beginner they trade because they think they will can easily become rich in trading, of course this is a very wrong understanding of trading, as a beginner of course they have to understand trading well in order to make a profit from trading and this requires a process that is not short and we also have to be patient in going through it. This process is to be able to get good results from the trading we do.

It's not easy to do this job. Even though we are equipped with the knowledge of analyzing using any indicator, sometimes we also experience failure or defeat there, there is no single indicator that is truly accurate in predicting when the price can be determined. . It's best for beginners, if we are not confident in trading, we should leave. There are still many ways to earn money by investing in the long term which is much safer than short term or trading which has very big risks involved.

Yes, you are right and most traders are losing cause of lack of management and selfishness including greedy just like gambling as you made mentioned, always eager to want more, instead of leaving with the little profit they have, which will make them to keep losing more money, also most of them are not profitable due to lack of knowledge and understanding, which they claim, they know all whereby they only know little or none and instead of them asking their fellow traders for suggestions or advice, they rather fall instead of swallow their pride.

On the moment that you do step your foot into trading then it would be always best that you shouldnt really be that making yourself that delusional because on the moment that you would really be dealing up with trading then its something that you would be considering on having that risks management on which we know that this is something that would really be needing up up. There's no solid proof that traders arent that profitable but somewhat if we do talk about the basic principle or concept on how this market works then it would really be that normal that there would really be profitable traders and with the other side on which
there would really be those losers on which it would really be that normal. This is why on the moment or time that you do become a trader then we would reallybe doing our very best to become profitable.

This is why we are really that thriving on making ourselves that being that belongs into that profitable traders but of course everything would really be just that depending on how well you do make yourself that
doing your trades and other correlated things on which it would really be that something that will really be depending into.

Most Traders are not profitable cause they simply don't learn about the basics of trading before starting it ,Many think it is a quick get rich business so they focused on the money instead of acquiring Trading knowledge and skills think that why the failure sets in at the very beginning for most traders.

        -   But this week that ended with Bitcoin rallying, I think a lot of people took profit when they reached 68K$-69K$, because maybe others were aware that there would be a correction in the market, and that's what's happening now. And so far, there is still a correction taking place in the market.

And there are many people who bought in the dip because at any moment the price value of Bitcoin can rise again in the market, and when that happens, there will be many altcoins and meme coins that will be pulled up in the market.

the risk with trading that earn so low profit is just one sudden dump we lost all the money thats why it might seem good earning $10 consistently everyday without a loss but who can guarantee that we won't lose.
remember sudden market dump when ftx was collapsing and UST lost its peg, thats what im talking about its definitely no good for long term.

the thing is current trading approach these days aren't flawed its just general rule of 20% make money and 80% lose because that just how it works in many various sector in real world.
those 20% usually have the edge to go against the rest therefore they are making money.

personally though this is why I really favour to invest rather than to trade, i could be cashing out all of my money at my will, definitely not limited to whether my entry is bad or not, because after all.
if the investment i make is good i'm sure just to wait until the price increase again will be no problem for me.

For beginners who expect immediate profits from the trades they make, of course they will look for paid signaling groups and hope that they will easily make profits on the trades they make, but it is very unlikely that they will be successful on the trades they make, it could be the group the signals they get can only say in theory but not with the trading experience they do, as you said if they could do it well and correctly of course they would have millions of dollars with the knowledge they have and they shouldn't open a service trade signalers and who wants to pay them can follow the trading strategy they have.