My luck is very bad for crypto trading 😞 - page 15.

Caladonian

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Quote from: sedahan13 on February 16, 2019, 10:16:49 PM

Its hard to predict when crypto will pump , so the solution is buy strong fundamental coin and use stop limit order for stop loss and for take profit is open, so incase that crypto pump we can take profit in high price. Stop loss should be always to use in crypto trading because that become the most important in trading. Avoid greedy because no one coin will all the times going up.

With how volatile the market, stops loss is really important so you can calculate the amount of money that you are ready to sacrifice just in case,
this kind of strategy mostly for short term traders who are relying with signals that triggered them to buy in, if you aimed to be more consistent
you have to work hard with your knowledge and develop more skills for your benefits.

People who are lacking out of knowledge easily being breakdown, but those who are keen and willing to take extra steps will find ways.

ymer

sr. member

Activity: 308

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In exchanging we can not generally make benefit , its will be once in a while misfortune however the all out exchange that make profit ought to be a greater number of times than misfortune exchange. At the point when any coin going up by enormous percentace we can not gain the greatest benefit on the grounds that exceptionally difficult to foresee how high the cost will go, so we ought to be have month to month target benefit so we realize what number of benefit ought to be gone up against the each exchange. Month to month target benefit additionally will deal with our feeling and to maintain a strategic distance from eager.

sedahan13

member

Activity: 462

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Its hard to predict when crypto will pump , so the solution is buy strong fundamental coin and use stop limit order for stop loss and for take profit is open, so incase that crypto pump we can take profit in high price. Stop loss should be always to use in crypto trading because that become the most important in trading. Avoid greedy because no one coin will all the times going up.

Bunsomjelican

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Activity: 812

Merit: 251

Quote from: susuberuang on February 15, 2019, 05:26:00 AM

Quote from: Opnsrc on January 24, 2019, 10:37:40 AM

Quote from: gabmen on January 22, 2019, 08:28:07 AM

Quote from: conected on January 22, 2019, 06:02:52 AM

Quote from: mornabo on January 21, 2019, 11:50:06 PM

Quote from: Victorycoin on January 19, 2019, 08:05:01 AM

Quote from: QuadsPoker on December 26, 2018, 01:11:09 PM

There is no luck involved in trading. Only using a waterproof strategy, a good bankroll management plan and some balls of steal.

I agree with you that luck cant make you profitable if you have not appropriate knowledge, skill and experience of trading. Without proper knowledge if you trade there is about 99.5% chance to be loser.

Of course, luck does not take an important role here. knowledge and skills are the most important aspects of trading.
without these two things, what you will produce is a loss. market analysis and so on cannot be done only by luck

- I don't think so, luck still has an important role here but it can not compare with our knowledge, skills and experiences because luck is always an unexpected factor, we can not know the exact time it appears, while skills and knowledge are always the elements that exist forever beside us, and exactly as you say, if we don't have these two things, our loss rate is very high. In short, if a person who lost one or two times in trading, they may blame luck but if they lose too many times in trading, they should review their knowledge and experience, they can not continue to say that their luck is not good

Right. Luck can play a big part in pretty much anything so you can't count that out in trading. Sometimes even the most efficient and experienced trader fall prey to unforseen events where they can make bad decisions. It's not as important as experience though.

Luck is very important, but the experience is better. A skillful trader knows all pros and cons of the current market situation. He can earn even when the cryptocurrency is falling.

to be able to benefit from trading not only rely on luck, you must be able to read the existing graphics and be able to determine the right time to buy and sell coins, and the most important for the second stage is that you can control the patience you have.

That's the problem for those who are novice here in crypto/bitcoin trading, because of their greediness they failed and loss their coins.
Due to they are thinking about that every profit they could get was depend on their luck which is not supposed to be in the mindset of an individual trader.

Kwame Genius

jr. member

Activity: 260

Merit: 1

Maybe you think you have bad luck in trading but don't forget the errors that you have been committing. Realize on your time of trading either long term or short terms and read until you understand before you set sell order.

Nnedaddy1

copper member

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Merit: 1

As much I would want to believe that luck play important role in trading ,I also want to state that one should try to acquire basic skills and knowledge about trading .
It helps a lot.
In your case, it come across like you are plain ignorant about the workings of the market.
Secondly, I do not believe that the exchange put up a sell order on your behalf, you may have mistakenly set the sell order at 49sats.

TobiasVR

sr. member

Activity: 626

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when I saw the market conditions being unstable I think this is something that might sadden many people who are on crypto. they will make the decision to quit, but actually there is still a chance and can be done by trading.

LUCKMCFLY

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Leading Crypto Sports Betting & Casino Platform

Hello, when you say good luck, you're doing the opposite of the true meaning of trading, I do not know about luck, it's about knowledge and giving a small percentage to luck, I recommend you read books by Wyckoff and Livermore, you'll see that it is not luck what is needed.

Aivaryamal

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Activity: 1162

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Crypto-currency portfolio should really be checked periodically, because it happens that some of them can give 20-30% profit in a week and it needs to be fixed

dmty.0809

sr. member

Activity: 756

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the crypto world is struggling to improve the quality of their digital currency. and attracts a lot of investors who are now partially leaving crypto, so that the value of the coin decreases. trading in crypto doesn't produce much at this time. we have to wait patiently for a good day.

quality.crypto

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Activity: 854

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Quote from: Opnsrc on January 24, 2019, 10:37:40 AM

Quote from: gabmen on January 22, 2019, 08:28:07 AM

Quote from: conected on January 22, 2019, 06:02:52 AM

Quote from: mornabo on January 21, 2019, 11:50:06 PM

Quote from: Victorycoin on January 19, 2019, 08:05:01 AM

Quote from: QuadsPoker on December 26, 2018, 01:11:09 PM

There is no luck involved in trading. Only using a waterproof strategy, a good bankroll management plan and some balls of steal.

I agree with you that luck cant make you profitable if you have not appropriate knowledge, skill and experience of trading. Without proper knowledge if you trade there is about 99.5% chance to be loser.

Of course, luck does not take an important role here. knowledge and skills are the most important aspects of trading.
without these two things, what you will produce is a loss. market analysis and so on cannot be done only by luck

- I don't think so, luck still has an important role here but it can not compare with our knowledge, skills and experiences because luck is always an unexpected factor, we can not know the exact time it appears, while skills and knowledge are always the elements that exist forever beside us, and exactly as you say, if we don't have these two things, our loss rate is very high. In short, if a person who lost one or two times in trading, they may blame luck but if they lose too many times in trading, they should review their knowledge and experience, they can not continue to say that their luck is not good

Right. Luck can play a big part in pretty much anything so you can't count that out in trading. Sometimes even the most efficient and experienced trader fall prey to unforseen events where they can make bad decisions. It's not as important as experience though.

Luck is very important, but the experience is better. A skillful trader knows all pros and cons of the current market situation. He can earn even when the cryptocurrency is falling.

We shouldn't bother much about them when we lose the value because definitely there is a chance to increase the price. Of course, people who don't have any belief towards the coins will sell them for loos, so it is very good to hold them because if you choose the potential coin then definitely it will surely help to increase value after the market adjustment.

Japinat

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Quote from: keanne_isaac on February 15, 2019, 12:47:43 PM

Allof us here cant predict what would exactly be the price of tommorrow we only speculate and there are times where after we sold the coins price suddenly surge and that is very embarrassing in our part. Dont be regret use this to be a learning process so you may become a good trader overtime. There is always an opportunity don't chase the price stay focus in your trading plan.

That's the truth, we cannot predict the future and that makes trading more challenging.
With that reality and we still see people who are profitable, we will realize that the chance to be rich here is possible, therefore
we spend an effort to learn how to properly predict the market.

Luck is just an extra thing, you won't be rich because of luck alone, you should be consistent and that requires a great strategy.

keanne_isaac

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Allof us here cant predict what would exactly be the price of tommorrow we only speculate and there are times where after we sold the coins price suddenly surge and that is very embarrassing in our part. Dont be regret use this to be a learning process so you may become a good trader overtime. There is always an opportunity don't chase the price stay focus in your trading plan.

sempak

hero member

Activity: 1638

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With a lot of experience we can get education about markets and trading. this is indeed a very natural thing to happen. an expert certainly experiences this when they are in learning. but this will make us understand later and not get the error again

r_uyab

jr. member

Activity: 182

Merit: 1

I myself also experienced the same thing as you, so I think now it's better to survive in the future by waiting for a rise in the Normal market price, so you will also get a better profit.

susuberuang

full member

Activity: 926

Merit: 100

Quote from: Opnsrc on January 24, 2019, 10:37:40 AM

Quote from: gabmen on January 22, 2019, 08:28:07 AM

Quote from: conected on January 22, 2019, 06:02:52 AM

Quote from: mornabo on January 21, 2019, 11:50:06 PM

Quote from: Victorycoin on January 19, 2019, 08:05:01 AM

Quote from: QuadsPoker on December 26, 2018, 01:11:09 PM

There is no luck involved in trading. Only using a waterproof strategy, a good bankroll management plan and some balls of steal.

I agree with you that luck cant make you profitable if you have not appropriate knowledge, skill and experience of trading. Without proper knowledge if you trade there is about 99.5% chance to be loser.

Of course, luck does not take an important role here. knowledge and skills are the most important aspects of trading.
without these two things, what you will produce is a loss. market analysis and so on cannot be done only by luck

- I don't think so, luck still has an important role here but it can not compare with our knowledge, skills and experiences because luck is always an unexpected factor, we can not know the exact time it appears, while skills and knowledge are always the elements that exist forever beside us, and exactly as you say, if we don't have these two things, our loss rate is very high. In short, if a person who lost one or two times in trading, they may blame luck but if they lose too many times in trading, they should review their knowledge and experience, they can not continue to say that their luck is not good

Right. Luck can play a big part in pretty much anything so you can't count that out in trading. Sometimes even the most efficient and experienced trader fall prey to unforseen events where they can make bad decisions. It's not as important as experience though.

Luck is very important, but the experience is better. A skillful trader knows all pros and cons of the current market situation. He can earn even when the cryptocurrency is falling.

to be able to benefit from trading not only rely on luck, you must be able to read the existing graphics and be able to determine the right time to buy and sell coins, and the most important for the second stage is that you can control the patience you have.

DavidStone

newbie

Activity: 21

Merit: 0

Probably, you took a limit order. No wonder that your Dogecoins were sold without your active participation. If you have decided to become an active trader then you need to check the price trend every day several times and more dive into the trading process. But if you don't have enough time to monitor the price, it's better to choose long-term investments.

Opnsrc

hero member

Activity: 1064

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Quote from: gabmen on January 22, 2019, 08:28:07 AM

Quote from: conected on January 22, 2019, 06:02:52 AM

Quote from: mornabo on January 21, 2019, 11:50:06 PM

Quote from: Victorycoin on January 19, 2019, 08:05:01 AM

Quote from: QuadsPoker on December 26, 2018, 01:11:09 PM

There is no luck involved in trading. Only using a waterproof strategy, a good bankroll management plan and some balls of steal.

I agree with you that luck cant make you profitable if you have not appropriate knowledge, skill and experience of trading. Without proper knowledge if you trade there is about 99.5% chance to be loser.

Of course, luck does not take an important role here. knowledge and skills are the most important aspects of trading.
without these two things, what you will produce is a loss. market analysis and so on cannot be done only by luck

- I don't think so, luck still has an important role here but it can not compare with our knowledge, skills and experiences because luck is always an unexpected factor, we can not know the exact time it appears, while skills and knowledge are always the elements that exist forever beside us, and exactly as you say, if we don't have these two things, our loss rate is very high. In short, if a person who lost one or two times in trading, they may blame luck but if they lose too many times in trading, they should review their knowledge and experience, they can not continue to say that their luck is not good

Right. Luck can play a big part in pretty much anything so you can't count that out in trading. Sometimes even the most efficient and experienced trader fall prey to unforseen events where they can make bad decisions. It's not as important as experience though.

Luck is very important, but the experience is better. A skillful trader knows all pros and cons of the current market situation. He can earn even when the cryptocurrency is falling.

Best Dreams

full member

Activity: 1008

Merit: 101

Quote from: mornabo on January 23, 2019, 12:12:43 AM

Quote from: conected on January 22, 2019, 06:02:52 AM

Quote from: mornabo on January 21, 2019, 11:50:06 PM

Quote from: Victorycoin on January 19, 2019, 08:05:01 AM

Quote from: QuadsPoker on December 26, 2018, 01:11:09 PM

There is no luck involved in trading. Only using a waterproof strategy, a good bankroll management plan and some balls of steal.

I agree with you that luck cant make you profitable if you have not appropriate knowledge, skill and experience of trading. Without proper knowledge if you trade there is about 99.5% chance to be loser.

Of course, luck does not take an important role here. knowledge and skills are the most important aspects of trading.
without these two things, what you will produce is a loss. market analysis and so on cannot be done only by luck

- I don't think so, luck still has an important role here but it can not compare with our knowledge, skills and experiences because luck is always an unexpected factor, we can not know the exact time it appears, while skills and knowledge are always the elements that exist forever beside us, and exactly as you say, if we don't have these two things, our loss rate is very high. In short, if a person who lost one or two times in trading, they may blame luck but if they lose too many times in trading, they should review their knowledge and experience, they can not continue to say that their luck is not good

If luck play important role and has a big effect, can you rely on that luck 100% without the help of other aspects?
because what is said to be important, that you can depend on it, such as knowledge and skills. in my opinion luck is only optional

Agreed here we can not rely only with luck or we can not say no to trading only Because we think that we are not so lucky as I have no good luck in my life but I’m trading I have skills so I am using and i am earning. Trading is full of money if you are good and have fine information about trading as much as luck concerned so it’s 20 percent about luck

senyorito123

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Quote from: bitcoin31 on January 23, 2019, 04:56:29 PM

Maybe it will become good if you wait more months.

The current struggles cannot be figure out since the market was too bad for crypto traders right now, and seeking lucky profit isn't an appropriate idea right now. We can't depend on any fortune which might come to us, because crypto is volatile type of investments. You might gain more profit constantly, but in the long run you'll be surprised when there's a sudden fall of market value. Normally that's the crypto behavior since from the start, and I don't believe we're not lucky enough. Not all times bad days will happen, there's also hapoy moment and only reason why we felt that weren't lucky enough was we're starting to be greed for more despite of being blessed by the previous profit gains.

Topic: My luck is very bad for crypto trading 😞 - page 15. (Read 26440 times)