Question for experienced traders - page 3.

aylabadia05

hero member

Activity: 1540

Merit: 772

Quote from: tajimas on July 20, 2024, 08:25:00 AM

I have a question for experienced traders who have quit trading and started to engage in long-term investing or plan to do so
What motivated you to do it?
It could be big losses on the stock exchange,fatigue from trading itself or money that allows you to invest in cryptocurrencies and not to trade every day
Maybe you followed the advice of your friends and quit trading
Any stories are interesting

Hey tajimas. Since long ago, no trading pattern has been easy to apply. Even when we spend a lot of books on trading that are read, we are still not always in the TP position.
I did not stop, but I have limited the time with trading by choosing the type of coin that is analyzed to increase in a moment even though the increase is only 2%.
Learning from my own experience with trading, I decided to just invest. If it is called holding, yes, that's me.
There is no interesting story from trading because it involves losing money.

Dr.Bitcoin_Strange

hero member

Activity: 658

Merit: 524

Leading Crypto Sports Betting & Casino Platform

When I started learning how to trade, it was very difficult, and after acquiring a little experience, it took me some weeks before I encouraged myself to put in real money, and after I did, I made some profit but finally lost it all, including my capital too. I took a break from trading for months, but I didn't stop practicing, and when I realized I had become better, I invested again, and up until today, I still trade so often. In trading, you have to be ready for it before going into it; you don't just go in without first learning how to minimize risk to enable you to be more profitable. No determined person would want to quit trading. Except it's for some personal reasons, such as not being able to raise capital to start trading again or not being able to bear huge losses, fear, etc.

Akbarkoe

legendary

Activity: 1204

Merit: 1005

Quote from: tajimas on July 20, 2024, 08:25:00 AM

Hello,friends
I have a question for experienced traders who have quit trading and started to engage in long-term investing or plan to do so
What motivated you to do it?
It could be big losses on the stock exchange,fatigue from trading itself or money that allows you to invest in cryptocurrencies and not to trade every day
Maybe you followed the advice of your friends and quit trading
Any stories are interesting

-Regards

LOL, if an experienced trader is already able to earn income from their trading activities, I think they will not stop doing it, to the point of making venture capital or even financing a project to invest much deeper into the core team.

They will not stop before they have an auto pilot business that has a very large turnover of money, I am not very experienced but I think humans who think business in the world of trading will have the same goal character, as long as they can still make a profit, they will not stop unless maybe they are already very satisfied with the money to support themselves.

famososMuertos

legendary

Activity: 1834

Merit: 2919

LE ☮︎ Halving es la purga

Hey! I don't have my up-to-date experienced trader's license, but I still answer you, by the way, how we approach things, that is, the worst advice can come from experienced traders who have not been successful, trading is a lived experience that allows you to have an extra income, or main income, traders do not always They withdraw because they have bad experiences or simply end up in the red.

Not having profits does not mean having to be a disaster, just that your losses were a number, and that number, whether it is in positive or negative return positions, can mean "I'm quitting."

The individuals believe that if they leave with 10%, or %90 loss, it is death (e.g.), then you have a margin on the other side of the coin, ROI +10% and +90%, then, Either one is a good excuse to say goodbye. Trading is one of those activities that, whether you are on the winning or losing side, bends (tilt) you. It's good to take vacations when you trade, that's all.

tranthidung

legendary

Activity: 2310

Merit: 4085

Farewell o_e_l_e_o

Quote from: tajimas on July 20, 2024, 08:25:00 AM

I have a question for experienced traders who have quit trading and started to engage in long-term investing or plan to do so
What motivated you to do it?

It's because with time and experience, people discover that they hardly to beat the market and get profit consistently and in net, long term, with trading. Then they look at Bitcoin price chart and see history, fact is clearly that if they hold their bitcoins, with a long time like years, 4 or 8 years, they would have been rich now.

In 2016 or 2017, it was not too difficult to purchase 5 or 10 bitcoins that are dream of many Bitcoin investors now. But because it was easy years ago, people fell to trading Bitcoin to altcoins, Bitcoin to stable coins, try to outsmart the market, then they lost most of bitcoins they had. After many years, looking back, they must have insightful lesson to change themselves, from trading to investing.

Charles-Tim

legendary

Activity: 1512

Merit: 4795

Leading Crypto Sports Betting & Casino Platform

Psychologically, no one can quit trading because of someone advising him to quit. The main reason a trader quits trading is because of losses of money from trading. You can see how painful it is to work hard for money and lost the money. If used for trading, trading will take the person's time and make the person exhausted many times but the person continue to lose. If the losses continue, nobody will later advice the trader to quit trading before he will know it is a wise choice.

Another long term losses someone can quit trading is if he continues to lose in trading but later got married and having children. He will know he has to quit to be a reliable and a responsible father. To quite trading would be a wise choice for this kind of person. This is in accordance to some researches.

The reasons most people quit trading are losses, long term losses and having more responsibility in the family like becoming a husband and a father.

tajimas

full member

Activity: 266

Merit: 108

Sugars.zone | DatingFi - Earn for Posting

Hello,friends
I have a question for experienced traders who have quit trading and started to engage in long-term investing or plan to do so
What motivated you to do it?
It could be big losses on the stock exchange,fatigue from trading itself or money that allows you to invest in cryptocurrencies and not to trade every day
Maybe you followed the advice of your friends and quit trading
Any stories are interesting

-Regards

Topic: Question for experienced traders - page 3. (Read 467 times)