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Topic: my trading is a fail help me, thanks - page 6. (Read 1917 times)

legendary
Activity: 2338
Merit: 1084
zknodes.org
April 22, 2021, 03:59:10 PM
#90
you have to keep learning and learning. Learn how to do good and right trading.

Technical and fundamental are the initial lessons that you must understand. Not only that, a strong mentality will also make you a strong trader in the strategies that you compiled beforehand.

Don't always expect and wait for warnings from others, you have to be able to read the market, you have to know where the market is going. Even if you find failure you should still try it. Failure will give you valuable experience to become an expert trader.
sr. member
Activity: 1694
Merit: 299
April 22, 2021, 10:33:08 AM
#89
single strat cant work forever because all are gonna depend on it and no one will ever loose a trade .
That is a point. This is the simple reason people always emphasizing about the importance of continuous learning in trading field. If you are ready to update yourself then you could get chances to avoid frustrations happens due to failure of well tested strategy. There were occasions I booked losses even after making use of a known strategy and sticking all my pre-determined plans. If my strategy might have worked for me for all my trades then I might be one of the millionaire in this crypto space.
legendary
Activity: 3052
Merit: 1188
April 22, 2021, 10:25:55 AM
#88
its handy if we can forumulate back up strategy and replace the old one when its expired  . single strat cant work forever because all are gonna depend on it and no one will ever loose a trade . there will be no balanced , its amazing how everything worked  .
But the catch here is, you need to be skilled enough to figure out that your strategy is about to expire or already expired with your one trade itself. But, mostly people will come to a conclusion only after 5 to 7 failed trades because they made money with same strategy and failing occasionally do happen with all strategies. So, having multiple tested strategy at a time and trading based on one on round basis may solve the problem temporarily.

When we have multiple strategy I guess you can cope up against expired strategy rather than suddenly got stuck. Professional traders are known for switching strategy within a day because based on market volatility we must need one specif strategy for a particular day.
hero member
Activity: 2128
Merit: 520
April 22, 2021, 09:22:50 AM
#87
what actually you need? I can not get it correctly. That means you are looking for channel or groups which will provide some trading signal and You will do trade by their suggestions? Or you are looking for something that will show you latest warning about good news, the data about the unusual volume/buying/selling activity bots?
Maybe he is looking for a person who can give him a trading signal in a social media, this is not really advisable because I don't think that there would be an expert who will just give you a trading signal for free, it would be possible if you pay them huge amount of money before they give you a sign, so if you don't have huge amount of money then it would be better if you now is to learn the technical analysis on your own.

And it's beneficial to you as a trader if you'll learn things the right way. No need to ask someone

but to study things on your own, if you put your focus it will enhance your knowledge. Distance

yourself with easy and quick process but instead do things step by step till you find yourself much

comfortable to execute your own patterns.
full member
Activity: 1638
Merit: 122
April 22, 2021, 09:17:47 AM
#86
your strategy isnt fail because you won several trades
This cannot be a case for all the times because some strategies will be working for particular time frame after that if you keep using that same strategy then you will never able to find profits. I have experienced such thing in my trading career. Honestly I could not figure out what I am missing but how it was working for me before to make good profits.

Finally I concluded like this: market is switching over to some different kind of pattern which is not at all predictable with that same strategy.
I agree with this, Not every time a certain strategy will work as you experienced it on successful trades. Sticking into one strategy could be profitable if you do it right but there are some strategies that can be more efficient depending on the trading scenario. So the more knowledge and experience you have is the better your winning chance is.

same with casinos because strats that we use suddenly stopped working .
 its handy if we can forumulate back up strategy and replace the old one when its expired  . single strat cant work forever because all are gonna depend on it and no one will ever loose a trade . there will be no balanced , its amazing how everything worked  .
full member
Activity: 574
Merit: 125
April 22, 2021, 08:22:36 AM
#85
what actually you need? I can not get it correctly. That means you are looking for channel or groups which will provide some trading signal and You will do trade by their suggestions? Or you are looking for something that will show you latest warning about good news, the data about the unusual volume/buying/selling activity bots?
Maybe he is looking for a person who can give him a trading signal in a social media, this is not really advisable because I don't think that there would be an expert who will just give you a trading signal for free, it would be possible if you pay them huge amount of money before they give you a sign, so if you don't have huge amount of money then it would be better if you now is to learn the technical analysis on your own.
legendary
Activity: 2464
Merit: 1102
April 22, 2021, 06:45:44 AM
#84
I don't believe much in free signal I always prefer doing the analysis myself. How about doing a study on market behavior and how to interpret a chat properly.
OP is facing something unique case, I feel like. They are deepening on something which is no more available, it seems. When we are not developing our analytical skill to generate our own signals but depending on others for trading then we might need to face such a situation where we could not earn like before. Because people who are making use of others signal and suddenly when that signal provider is stopping then they must need to stop their trading as well. I guess this is what exactly happening with OP.

OP is scenario definitely a big lesson for all the traders in this community when we are depending on someone else for the core part of our trading then definitely we could not continue like before when they stop.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
April 22, 2021, 03:56:39 AM
#83
I don't believe much in free signal I always prefer doing the analysis myself. How about doing a study on market behavior and how to interpret a chat properly. We have different academies online where you can possibly get mentorship on how to trade .

Don't expect to gain all the time on your trading account looses plays out most times. But the beauty is when your gain(profit) covers up for your looses.

There are actually good signals but they are very private guys out there, most of the time you will think of them as shills of the token but sometimes they are the ones telling the truth. They often just ask in this forum about Chiliz or Solana about to explode and somehow it happens.

Strategies in trading are often good when you know how long you could wait. When the token is over-sold, you wanna buy more of it but predicting when exactly will explode is another skill to learn. With this strategy, I'm also losing but since I have all the time in the world I guess I can wait.
sr. member
Activity: 966
Merit: 421
Bitcoindata.science
April 22, 2021, 03:36:50 AM
#82
I don't believe much in free signal I always prefer doing the analysis myself. How about doing a study on market behavior and how to interpret a chat properly. We have different academies online where you can possibly get mentorship on how to trade .

Don't expect to gain all the time on your trading account looses plays out most times. But the beauty is when your gain(profit) covers up for your looses.
hero member
Activity: 2562
Merit: 577
April 22, 2021, 03:10:14 AM
#81
You don't necessarily need to trade daily to earn good money in crypto, why do you have to subject your youthful self into uncessarily anxiety and torture! if trading is not working for you, then change your approach, or better yet just buy and hodl, (best strategy that work 99.9%  Cool),
you can as well engage in short term investment, i don't need to point out different ways to earn in crypto without doing day trading, just observe and you will find what suit you, but if you so earger to be a trader then try and equip yourself with the required knowledge before you lose all your funds.  Roll Eyes 
full member
Activity: 784
Merit: 100
April 22, 2021, 02:56:49 AM
#80
If am not mistaking what you are talking about is trading with signals, but I really don't think trading with signals is the best strategy, because trading signals most time if not used properly you will still have a loosing trade, so I think the best strategy is you learning how the market works like put in more time, try to learn much about how to analyze trade, believe me If you know how to read candle chart patterns then you will know when to jump into a trade and when to move out, tho it might not be 100% correct as predicted but incase the market turns and start to move on the other direction be safe and be sure to always apply  risk management.
legendary
Activity: 2492
Merit: 1145
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
April 21, 2021, 03:35:25 PM
#79
your strategy isnt fail because you won several trades
This cannot be a case for all the times because some strategies will be working for particular time frame after that if you keep using that same strategy then you will never able to find profits. I have experienced such thing in my trading career. Honestly I could not figure out what I am missing but how it was working for me before to make good profits.

Finally I concluded like this: market is switching over to some different kind of pattern which is not at all predictable with that same strategy.
I agree with this, Not every time a certain strategy will work as you experienced it on successful trades. Sticking into one strategy could be profitable if you do it right but there are some strategies that can be more efficient depending on the trading scenario. So the more knowledge and experience you have is the better your winning chance is.

With the fast-changing market trends. It's not bad to rely on people on social media like Facebook but make sure that you learn from it and rely on yourself when you learn.

hero member
Activity: 2926
Merit: 640
April 21, 2021, 02:04:28 PM
#78
your strategy isnt fail because you won several trades
This cannot be a case for all the times because some strategies will be working for particular time frame after that if you keep using that same strategy then you will never able to find profits. I have experienced such thing in my trading career. Honestly I could not figure out what I am missing but how it was working for me before to make good profits.

Finally I concluded like this: market is switching over to some different kind of pattern which is not at all predictable with that same strategy.
full member
Activity: 1638
Merit: 122
April 21, 2021, 08:23:00 AM
#77
you can count hundred or more using your hands . why will you underestimate your capacity ? and what do you think of trading . pure skill ? you need luck too .
 dont be shy to explain your strategy because how will we correct you if we dont know the strategy your using .
your strategy isnt fail because you won several trades and what keyword did you search in fb ? try to search the same in twitter and telegram because they has more traders than in facebook
sr. member
Activity: 1554
Merit: 334
April 21, 2021, 07:59:39 AM
#76
From the subject itself, I have been trading these days, and success can be only be counted on hand and it's just damn luck for myself when I succeed a few times.


I want to explain my strategy but it's just giving me anxiety all I know is wrong for it failed a few times.


please be nice to what I am going to ask


Do you have any Facebook page or in any kind of social media that has someone who gives you a warning when you trade or not? I have been in many Facebook groups but its not what I am looking for.


Thanks for the nice response.

It seems you are pertaining to trading signals. On that matter, I haven't seen one on Facebook but I saw a lot of them in Telegram perhaps you want to check that out. There are few trading signals that can be found but most of them are paid so basically you need to subscribe to receive such signals. However, on some occasions, they are not reliable so it is still better for you to make your own TA. Based on what you have said, I think you need to improve your knowledge more in regards to trading. If you are not satisfied with your current knowledge then strive for more you will eventually get the outcome you wanted. Loss in trading is a normal thing you gotta move on it and learn from it for you to improve.
legendary
Activity: 2268
Merit: 1655
To the Moon
April 21, 2021, 06:41:53 AM
#75
Don't worry too much about your failures, even the best traders in this market have failed.
You can change your tactics, instead of trying to trade on a daily basis go to the short or long term.

Yes, indeed, some experienced traders lose a lot of money on trading. When the last bitcoin dump occurred, the number of liquidated orders was about $10 billion. And the largest liquidated order on the Binance was $68.7 million. I hope that the OP has lost a smaller amount and will be able to recover it later.
sr. member
Activity: 2618
Merit: 439
April 21, 2021, 06:27:29 AM
#74
From the subject itself, I have been trading these days, and success can be only be counted on hand and it's just damn luck for myself when I succeed a few times.


I want to explain my strategy but it's just giving me anxiety all I know is wrong for it failed a few times.


please be nice to what I am going to ask


Do you have any Facebook page or in any kind of social media that has someone who gives you a warning when you trade or not? I have been in many Facebook groups but its not what I am looking for.


Thanks for the nice response.
Sad to hear that Mate , But you are only asking to what cannot really be true.. Facebook groups mostly scam and we knew that for long .
I think instead of trading? why not just Hold your coins since the Pumping is still on the air.
jr. member
Activity: 187
Merit: 1
Sinjokubhi
April 21, 2021, 04:15:40 AM
#73
have you tried to journalize your trades and run a check to see where you are making mistakes and try to correct them. moreso have you tried to learn the basics and fundamentals of trading before trading at all. these are important things to answer. looking for a service that will guide you on trading will only help for the main time, all efforts still lies in your hand to study hard untill you get it right. moreso you might want to join some VIP signal groups if you can afford them. but i suggest you invest in yourself.

Yaps, learning the basics is the main thing you need to master before trading live. If you suddenly try to trade directly without being provided with this, it is the same as going into the crocodile hole, even though you get a profit, it's just luck. After you have the basic skills, then you try to jump into direct trading, because the atmosphere will definitely be different when you bet your assets to be traded, if we make a wrong decision, the money can - can be burned without rest. Don't be too hasty to make a profit, you need to risk it when you start.

You must be prepared to lose the money if you are already trading it. Therefore, trade money that you are ready to lose. Do not happen totally, because the risk of loss occurs at any time, so be more careful about it, trade according to what you are ready to lose. Believe in yourself, if you have started trading you must be sure of all the decisions you make, because you must have considered them. Don't be afraid to fail again, what is wrong is if you have stopped trying and stopped learning from the mistakes that made you fail.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
April 19, 2021, 06:18:44 PM
#72
Trading failures are just normal and it is a part of the process for even the let us just say veteran traders in the industry have been into the same situation before they have reached their positions they are currently in. You must just learn every lesson you can acquire into those failures and make it as a motivation to strive harder considering that you are doing it moderately and do not put yourself into so much pressure. Being dependent on other people like relying into Facebook groups or crypto assisting groups will not be a good idea for me for you are not that sure that they will give you direct and proper assistance so learning it on your own ways will be the best for you will be using those knowledge for a long term period as long as you are continuing to do trading.
It could be normal in our early days but that doesn't mean we suffered this often time as that it means that there is something wrong with our trading strategies as possibly it is not effective anymore. But unfortunately, OP has a mistake from getting entering into Facebook groups in asking for information as this could never help that much but just a noisy environment. It is pretty obvious how it ends up his trading journey shortly if he keeps relying on these people who have been limited knowledge in regards to trading.
member
Activity: 866
Merit: 10
April 19, 2021, 04:42:48 PM
#71
have you tried to journalize your trades and run a check to see where you are making mistakes and try to correct them. moreso have you tried to learn the basics and fundamentals of trading before trading at all. these are important things to answer. looking for a service that will guide you on trading will only help for the main time, all efforts still lies in your hand to study hard untill you get it right. moreso you might want to join some VIP signal groups if you can afford them. but i suggest you invest in yourself.
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