Topic: Share Tips For Newbie Traders - page 4. (Read 756 times)

yes, indeed there is nothing to blame for market volatility. this is very reasonable and beginners in trading will experience losses as well as profits. it all depends on what the trader is capable of. cannot rely on other people's abilities, unless they follow the signals from the telegram group. that's what beginners often do. for being tired of losing and learning a lot of trading strategies. more instant to follow the signal. but it is not recommended for those who want to learn to trade.
Most importantly, novice traders must be persistent in trying and learning from their experience trading in the market. Failure is a common thing. as much as possible we should be able to improve so as not to repeat losses in future trades.

Trading may be a bit boring if the trader spends a lot of his time in front of his computer for long periods, but what I know is that the trader does not waste his time in trading, but invests his time and uses it in managing his money and generating returns by developing his trading strategies and knowing enough information about the currency pair that he chooses and monitoring the price movement in the market, and monitoring his open deals, he must be constantly aware of the latest market developments and he must have enough time to use stop-loss orders if the market path is downward, as time is a key factor for making a successful trade, It is a good thing to waste our time in trading, in learning, in gaining experiences, and in trying new strategies, as this time will undoubtedly be in our interest.

Its better to waste off your time on something you do able to know that you could earn money rather than wasting yourself on something which it doesnt really have any possible benefits into on long term.

It is really not just that wrong on dealing on something that could potentially change up your life when it comes to financial.This is why i dont see anything wrong with this and its not a waste of  time.
Just make sure that you are really trying out to improve yourself but dont make yourself that rush up because it would just be creating that kind of desperation which isnt
really that something you would be needing to do so because it would create mistakes.

Trading tips are essential for beginners because it's one of the basic tool that aides newbies to earn profits and make the space a little bit comfortable for them. Newbies are always opportune to gain profits in the space if only they followed the right path. Following up a top influencer in the space will actually results to either profits or loss. The market will not always go as planned, so even the experience traders losses. No one is to be blamed or held responsible for the volatility of the market.

If you are lonely and bored while doing something you should quit doing it! Why would you even start doing something you don't really like? People who love numbers and math like to trade and do all sorts of calculations in their heads... It's never "just trading" and it's not necessarily "alone"! You read all kinds of articles, you need to be active and look for important news almost everywhere. There are trading groups and forums (like this place) where you talk with others and share your thoughts if you want to. If you want to you can take it on a higher level of course...



It's not a waste of time if you are making money with it or if you can learn how to make money from it one day!


Well, I never felt lonely or bored from trading. I wasted some money (at that time not much I guess, but now those amounts in crypto would be a little fortune), and that probably made me nervous and mad, but later I discovered what is actually good for me... patience is a virtue and a skill!

Looking back I think it was quite helpful to test out some limits and realities when it comes to crypto trading. There are days when crypto is so volatile that it almost feels like you are leverage trading stocks or FOREX. When I first got into trading I totally underestimated the dynamics and volatility, but on the good side of things I only had a limited amount of money available that I did indeed lose, but it didn't hurt me in the sense that I had trouble getting through the day and pursue my overall plan.

It is a good lesson in the beginning because it's easier to turn from careful into careless when things go well just because the whole market is moving up. Then everyone believes to be an exceptional trader. It is better to learn the other way around and turn from a careless trader into a careful trader. That's why it is so vital to stick to the rule that you should only invest money you can afford to lose. Many newbie traders can't handle the volatile days in crypto emotionally and I can tell you that can be rough if one has no former experience.

Try things out after having done your research and keep your limits low in the beginning. Low is a relative term here, but don't gamble around with maybe more than 5% of what you were actually planning to invest.

That's what I mean. By trying to like it and understand it, we will definitely like it over time. And by liking it, we definitely won't feel bored because we already know how. Maybe he needs to enjoy the process before getting results that he may never have imagined. Trading is simple if we want to learn so we know how to trade properly and correctly.

But sometimes, we forget that it is from simple things that we can get something big without realizing it. If we learn to trade and can find lots of trusted sources while enjoying the process, we will slowly understand it and with added experience when trying to trade can make our abilities improve. It's also the same as investing because we have to find the right investment so we don't get scammed.

Yeah, it's about the desire. Before in school, I always believe math subject is boring but how come when some of my classmates enjoyed it? It's because I don't have a desire for it. Same thing goes with trading. There are so many traders who enjoy it. They love how complex and hard trading was because it challenges themselves.

What is boring actually are those simple and easy things. Investing can be a good example about it because in investing, you don't have anything to do other than just hodling and wait for the price to rise before you can sell for profits. Nothing wrong with asking but if you are asking, it means you interact with other people. You are not lonely or bored this way. Trading can also be done passively like investing (thanks to the help of the trading bots.) Now we can just leave our trades in the background and we can still socialize with other people outside.

I don't prioritized short-term trading so far because in the end it just makes me spend lot of time analyzing and making decisions. I tend to think that long term investing is good option for anyone who values ​​their time, and it is also profitable option as long as we manage the risk and secure the assets.

Trading tips actually can help traders, but that only depends on how traders adopt and apply them. Many traders are not consistent with their trading strategies and patterns, and that has kept them from getting worth it returns for the risks they considering ^{[possibly make they loss].} So those are just my assumptions and habits, and I continue to do this until now and this has been great lot of my time in the market.

I do not agree that trading can be boring because it depends on how much we desire to learn and profit from trading. Maybe many beginners are too busy asking people and don't take the time to learn to improve their skills in trading. And at some point, when he doesn't find the right person to ask, he will feel hopeless and confused about where to ask.

This depends on how someone can use the time to learn to trade from many sources and practice it. And when he does, he wastes no time because he can benefit from what he does. And don't forget that trading is a process just as you work and enjoy the process with pleasure. When you are happy, you will not feel bored.

He got bored because he couldn't predict the market and kept losing his money. You always get bored if you are only after money, like profit, and want to win always, meaning even if you are losing, you don't feel challenged instead it is anger. If you feel challenged, you are going to solve it or learn it so that you can achieve it and not plan to quit. That is why if you enjoy only the winning trades and don't get challenged in figuring out your losses, then in the long run you'll quit.

You only get bored if you don't have passion for this activity but if you love what you are doing for sure you enjoy every movement of the market and get challenge when certain situation occurs.

Maybe you or some other get bored with it because they didn't get the expectation on trading's and only people who lose their money think that this is only waste of there time then think about abandoning it.

As someone who has been trading for quite some time, I know how to keep myself engaged in things outside trading too. I have a job and I keep the minimum time for trading so that I am the one in control of trading and not the other way around. Since I mostly trade for long term, this process suits me. It will not suit a day trader.

If someone is wasting too much time on trading then trading is not for them. They will end up in a loss or in depression over time because of stacking losses.

It is the result of the trading that shows that you are wasting your time or not. If you traded the whole day and you have nothing to show for it as per your profit, it could be regarded as a total waste of time. But if you are trading and you are getting your portfolio increased even in the least pace, it shouldn't be considered as waste of time.

Again, if the electricity bill, subscription bills are higher than the money you make from trading, it could be called a waste of time, unless you want to rely on the experience you gain while making trading blunders and a reason not to have wasted your time.

It was too boring and a waste of time if we keep on losing. Trading is not for everyone, so we never expect that everyone who tried trading will stay or will succeed. Honestly, it needs passion and motivation - not all traders have this kind of attitude.
- Newbies must invest first in knowledge before trading
 - Must not be afraid to lose their money, it is a trial and error
 - Must not be afraid to commit mistakes for this is the reason why we learn more
 - Willing to adapt to the market condition

If a newbie is feeling like that it is likely they are day traders and they are watching the charts for hours, and this kind of trading can feel like a waste of time as you have to be in front of your computer for hours without doing much.

In that case my recommendation for them would be to trade longer time frames as a way to diminish the amount of time they spend in front of their computers and they have more time for leisure activities so they can avoid feeling this way.

This didn't come into my mind when I started learning trading because it is a skill and you can earn money from it, which means that no matter how difficult it is, your goal is to earn money, and that won't be a waste of time if that is the path to earning money. Those who think about it are those who quit and give up trading, but for us, trading is another source of income as well as knowledge, which is a win-win situation. Also I dont really see people why they are thinking about this as for sure they know the purpose of trading

Trading is not an easy thing and it takes a lot of time to do it and also understand or know and also learn more about the market to make money, because the market is not easy to predict unless it is in a bullish condition.
and beginners can implement the most basic one that can really help them at the start of their journey and that is the buy low, sell high strategy. Many beginners take advantage of this strategy for profit. During a downtrend, many traders buy and then sell when the market rises again, this saves capital and gives them time to understand different market conditions.
and there are many other strategies, but this one is the safest for beginners, and trading for income for beginners in my opinion is very difficult unless they do it with small capital and while understanding and learning it until it really becomes great.

I'm motivating myself by keeping in mind the reason why I trade and that is to profit which I already experienced as a trader. Remember that you're not doing it for nothing because it has a purpose and not a waste of time. If you're determine to earn and can wait until there's a result for your effort then don't be discourage.

Every traders are once a newbie, they also experience to lose their money since it's inevitable sometimes, but they never stop and take it as a lesson. Anyway, if you're bored and thinking it's not worth it then maybe trading is not for you.

I can know if I am learning new things when I trade, either you lose or you win in every trade you have, you are still learning. That's how I can say that I'm not wasting.
Other than that of course, you are making profits, and you are a profitable trader, it takes time but you must trust the process especially if you are a newbie. You need to stick with your plan and always learn and master your strategy.