Patience is the main key of success on trading platform. - page 6.

d1ceplayer

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Quote from: 4p0l4k4y on April 10, 2019, 07:10:59 AM

Quote from: CryptoReggae on March 24, 2019, 03:56:22 AM

Trading is primarily a psychological game about oneself. Learn to have calm, rationality and then things come by themselves.

You can do a perfect technical analysis, but if you don't have patience and you get anxious, everything becomes more difficult

I agree. Trading is just a card game. Using your emotions will make you more mistakes and make your forget your strategy in creating good trading decisions.

This is very true. Rome was not build in a day and the same goes for the trading on a digital platform. The market for cryptocurrency has been down for long and it was a happy surge couple of weeks ago ever since it is rising. So it tells us that there is always a rise in the market value of your portfolio after it stays down.

The main concern of the investors should be how to maximize the profit in trading and for that; the down prices are the best time for investment.

ausbit

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Quote from: 4p0l4k4y on April 10, 2019, 07:10:59 AM

Quote from: CryptoReggae on March 24, 2019, 03:56:22 AM

Trading is primarily a psychological game about oneself. Learn to have calm, rationality and then things come by themselves.

You can do a perfect technical analysis, but if you don't have patience and you get anxious, everything becomes more difficult

I agree. Trading is just a card game. Using your emotions will make you more mistakes and make your forget your strategy in creating good trading decisions.

That is right, we really need to become a professional trader by learning how to push our emotions aside when trading as it is the number one killer of trades if care is not taking.

In fact I wish every trader must first do through a rehabilitation stage that will get someone to assist them with emotions when it comes to trading because I must confessed to you, we are all humans and God has already created this in us, to control it becomes a little bit difficult and even when we thought we have finally succeed in doing so, a part of us still put it to play as professionals without knowing.

Bdstar

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Yes, I feel the same way.You should be patient in this unpredictable market.Bitcoin was in a sustainable position for last few month's.Trader who waited for long times now can feel the joy of getting profit.I think patient is the key to success in trading.If you have enough patient, you can only shine in the Market.

Muzika

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Im not agree on the patience is the major key on the success in trading, first thing people should look into is the potential of thw coin in the market or the volume per day. Patience is only a factor but it wont affect the whole trading strategy of a trader.

Xising

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Quote from: The Cryptovator on March 24, 2019, 02:14:33 AM

I believe everyone know about this sentence, "patience is the main key of success of trading platform". But I am realising that in practical. I have patience but not enough I think. Because you can see the trend of RVN, I was hold it and just sold almost in 20% profit. But I didn't wait even volume was increasing, I just missed my own logic. I had enough patience really. But who know RVN will touch 1400+ satoshi but I sold it 450 satoshi only. That's why I am realising patience is the main key if success on trading platform.

I surely agree, and this is not only applicable on trading. I think, patience is also key in all other aspects in making or doing ventures in the market, especially since, the market is not in a good state almost most of the time. If you don't have such patience and good attitude and outlook towards the markets and investing in it, it would be so easy to just give up and fail because of how difficult it can be. I think having that positive outlook on things could really boost one's morale to keep going, especially when everything around the market is going down.

hacking13

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I cant agree any less. So true. Many people have had to live with the guilt of making drastic decisions because of lack of patience. Selling quickly when one can still hold, giving up quickly on campaigns and more.

PATIENCE is key to surviving many situations in the trading world. More pros than cons of PATIENCE. it has its negative sides too

arpon11

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Quote from: The Cryptovator on March 24, 2019, 02:14:33 AM

I believe everyone know about this sentence, "patience is the main key of success of trading platform". But I am realising that in practical. I have patience but not enough I think. Because you can see the trend of RVN, I was hold it and just sold almost in 20% profit. But I didn't wait even volume was increasing, I just missed my own logic. I had enough patience really. But who know RVN will touch 1400+ satoshi but I sold it 450 satoshi only. That's why I am realising patience is the main key if success on trading platform.

I disagree with this view! Patience is not the main keys for a successful trading and investment though it play some role because of how volatile market makes accurate prediction impossible and as such patience for you to be able to see the clear picture of market directions is important but that is not the most important in the market because of you become too patience you can still losing a wining trade! To me what is the most important is your skills and knowledge to know when to get in Or got out of and opened position with profits.

dat.ho12492

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Yes we should be patience on trading but we should remember about the future of the coin. We shouldn't wait for the low quality coin which has not good volume, value and not much potential. Here is a chance to lose capital.

More precisely, we can be patient but we still need to remember that our patience needs to be based on analysis and we need to have certain reasons for this patience, it cannot be too vague and based on emotions because as you say, a lot of projects are very bad and if we are patient with these projects, final results are difficult to be a good end, most of these projects will greatly reduce over time, patience is a very good virtue but it is not always true, need to consider carefully before spending patience for something

ethereumhunter

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Quote from: MFahad on April 11, 2019, 05:16:58 AM

Quote from: The Cryptovator on March 24, 2019, 02:14:33 AM

I believe everyone know about this sentence, "patience is the main key of success of trading platform". But I am realising that in practical. I have patience but not enough I think. Because you can see the trend of RVN, I was hold it and just sold almost in 20% profit. But I didn't wait even volume was increasing, I just missed my own logic. I had enough patience really. But who know RVN will touch 1400+ satoshi but I sold it 450 satoshi only. That's why I am realising patience is the main key if success on trading platform.

Yeah, it is right, patience is main key if we wanna success in trading. But as you said you sold your coins in 20% profit, i think you did it right, sometime we hold only for patiently and in the end we have lose the chance. On the other meaning we are greedy and want more and more profit.

No problem if he sold for 20% profit, I am sure that he can make another profit in the future. Just make sure that he doesn't stop searching other potential coins because that is what he needs to do if he wants to make a bigger profit. He will have another experience to get the potential coin, and with the market situations now, I am sure that he is not just getting one profitable coin but maybe more. And that's mean he can make a bigger profit.

Cherylstar86

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Quote from: ?? on ??

Yes we should be patience on trading but we should remember about the future of the coin. We shouldn't wait for the low quality coin which has not good volume, value and not much potential. Here is a chance to lose capital.

The market always carry its volatility and the value of some coins are fluctuant, thus we have to forbear the current situation for it will lead us to become a good trader. Patience is the only weapon we can defend for every battle, in order to get a huge profits and achieve the great thrive that every traders aimed.

MFahad

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Quote from: The Cryptovator on March 24, 2019, 02:14:33 AM

I believe everyone know about this sentence, "patience is the main key of success of trading platform". But I am realising that in practical. I have patience but not enough I think. Because you can see the trend of RVN, I was hold it and just sold almost in 20% profit. But I didn't wait even volume was increasing, I just missed my own logic. I had enough patience really. But who know RVN will touch 1400+ satoshi but I sold it 450 satoshi only. That's why I am realising patience is the main key if success on trading platform.

Yeah, it is right, patience is main key if we wanna success in trading. But as you said you sold your coins in 20% profit, i think you did it right, sometime we hold only for patiently and in the end we have lose the chance. On the other meaning we are greedy and want more and more profit.

senyorito123

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Quote from: freedomgo on April 11, 2019, 01:06:44 AM

Quote from: 4p0l4k4y on April 10, 2019, 07:10:59 AM

Quote from: CryptoReggae on March 24, 2019, 03:56:22 AM

Trading is primarily a psychological game about oneself. Learn to have calm, rationality and then things come by themselves.

You can do a perfect technical analysis, but if you don't have patience and you get anxious, everything becomes more difficult

I agree. Trading is just a card game. Using your emotions will make you more mistakes and make your forget your strategy in creating good trading decisions.

Emotion are weakness in trading, this is all about pure strategy, and you have to be able to be in control of your emotion
for that strategy to be effectively initiated. There are a lot of people who are good in theory, they can make good analysis in trading but they failed in the implementation.

Patience is vital to succeed in the field of trading. You have to get really clear on why it is you’re trading. Have a checklist before entering any trade, set trading plan, stay informed, do research inorder to acquire necessary skills and knowledge that would help succeed and survive in any trading challenges. Our tendency is to choose immediate rewards, that's why we fall on bad trades and lack of patience could make us take trades that won't fit on all entry criteria. Trading is never easy and their is absolutely no shortcut to success. It is important that we learn to resist temporary satisfaction, improve self-control in order to maximize profit and reap better rewards. Without patience, we won’t be able to succeed in any field.

freedomgo

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Quote from: 4p0l4k4y on April 10, 2019, 07:10:59 AM

Quote from: CryptoReggae on March 24, 2019, 03:56:22 AM

Trading is primarily a psychological game about oneself. Learn to have calm, rationality and then things come by themselves.

You can do a perfect technical analysis, but if you don't have patience and you get anxious, everything becomes more difficult

I agree. Trading is just a card game. Using your emotions will make you more mistakes and make your forget your strategy in creating good trading decisions.

Emotion are weakness in trading, this is all about pure strategy, and you have to be able to be in control of your emotion
for that strategy to be effectively initiated. There are a lot of people who are good in theory, they can make good analysis in trading but they failed in the implementation.

vixcious

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No, you should not regret your investment. You should feel successful when you have prevented your greed. the future is always very difficult to predict and you have succeeded in restraining yourself. I have not seen failure in your investment. Wink

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Quote from: The Cryptovator on March 24, 2019, 02:14:33 AM

I believe everyone know about this sentence, "patience is the main key of success of trading platform". But I am realising that in practical. I have patience but not enough I think. Because you can see the trend of RVN, I was hold it and just sold almost in 20% profit. But I didn't wait even volume was increasing, I just missed my own logic. I had enough patience really. But who know RVN will touch 1400+ satoshi but I sold it 450 satoshi only. That's why I am realising patience is the main key if success on trading platform.

The truth is that patience (or lack thereof) should be irrelevant

People become impatient (or feel impatient as in your case) mostly because they are unsure of their trading decisions. So instead of trying to cultivate more patience, you would get a lot farther by cultivating true knowledge and polishing your trading skills if that is ever possible in this market. Technically, if you know what you are doing, patience or its lack become irrelevant (read, impatience comes through ignorance). In other words, it is not your patience which is the key to success in trading, it is your knowledge and skills

Bunsomjelican

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Quote from: The Cryptovator on March 24, 2019, 02:14:33 AM

I believe everyone know about this sentence, "patience is the main key of success of trading platform". But I am realising that in practical. I have patience but not enough I think. Because you can see the trend of RVN, I was hold it and just sold almost in 20% profit. But I didn't wait even volume was increasing, I just missed my own logic. I had enough patience really. But who know RVN will touch 1400+ satoshi but I sold it 450 satoshi only. That's why I am realising patience is the main key if success on trading platform.

Nowadays, I knew a lot of community are holding to this things. For believing that bull run is really coming to us at any moment, even they've waited it for more than 1 year. Besides, majority of the successful traders here they've also applied this virtue for sure. And it is really a part and content for the successful traders as well.

John46285

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Patience is the main key of a successful trader. Yeah it’s true and I also try to maintain this. But with that we need to control our emotions too.

Lpim01

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Quote from: Ailmand on April 10, 2019, 03:25:39 AM

Your patience would be nothing if you aren't doing anything. You can't earn by just waiting when there are actually ways and strategies for you to do. Some traders do something to make their money grow. Day trading would be a better idea so that you'll increase your number of coins while waiting for the bull run.

It seems to be like that, not all the time we should be patient and even to keep in waiting especially we know of what possibly be the result of our invested coins. Of course, we need to work for it and to diverse it into the other coins which we could think that it will be giving us profit in the future. Thus, the word patient only applies to potential coins and we know already that it will be rallying its price in any moment.

4p0l4k4y

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Quote from: CryptoReggae on March 24, 2019, 03:56:22 AM

Trading is primarily a psychological game about oneself. Learn to have calm, rationality and then things come by themselves.

You can do a perfect technical analysis, but if you don't have patience and you get anxious, everything becomes more difficult

I agree. Trading is just a card game. Using your emotions will make you more mistakes and make your forget your strategy in creating good trading decisions.

Ailmand

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Your patience would be nothing if you aren't doing anything. You can't earn by just waiting when there are actually ways and strategies for you to do. Some traders do something to make their money grow. Day trading would be a better idea so that you'll increase your number of coins while waiting for the bull run.

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