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Topic: should i continue trading ? - page 12. (Read 26109 times)

hero member
Activity: 784
Merit: 500
February 09, 2019, 11:37:43 PM
I am not a good trader, I always lose in my daily trade. Now I try to change the pattern by making a long-term investment, buying potential coin and hold it. Sell when there is profit.
trading must prioritize disciplines where you also have to race in a short-term situation, don't let you regret that the bearish momentum may last longer than thought. continue your trade while still prioritizing fundamentals. Don't be careless and keep up to date with the coins you trade.
the world of trading is indeed very complicated, you must be able to really read the price movements in the exchange and must be able to have a strong feeling to determine the right time to buy and sell coins to be able to get a lot of profit, whereas if you apply long-term trading it will only keep your money in various coins without being able to provide income.
hero member
Activity: 1120
Merit: 553
Filipino Translator 🇵🇭
February 09, 2019, 10:12:08 PM
i know many traders in same situation are you thinking same as above . are you in this situation what have you decided to do ?   
I was in your situation back then. I lost a lot of money, really much. However I used that as an inspiration to learn more in such strategies, correct mind set, and different theories in determining the pattern of the chart. If you're really passionate in what you're doing, don't dare to stop.
full member
Activity: 434
Merit: 100
February 09, 2019, 08:41:21 PM
hi i am day trading from 2years but not profitable at all ( i dont know what should i learn more so that i will be profitable )

some times i think to quit trading and go search some job, another way i think that after coming so far i should try for some more time

i know many traders in same situation are you thinking same as above . are you in this situation what have you decided to do ?

i want answers only from traders in this situation and experienced traders

i dont know if sentence formation is correct or not i think many of you can understand the situation    
 



There are a lot of ways to make money and it's not just bitcoin and altcoins. I'm not saying that you stop completely but you need to find other source of profit because the crypto market is not doing good at this moment. It happens just like in stock where there is a crash or bear period that we don't when it's going to end so crypto is not an exemption.
full member
Activity: 1638
Merit: 122
February 09, 2019, 08:37:18 PM
Trading is difficult to be honest. This is why it is necessary to learn before trading.
Cryptocurrency trading should not be seen as job by the way.. There is no guarantee you will be profitable especially in this current market.
Do not give up. I think trading is even less risky now compare to the very volatile days

Quote
Trading is difficult to be honest. This is why it is necessary to learn before trading .

all things in life are difficult and we cant just do them straight away . we must learn first before we try try them in order to avoid the dangers .

Quote
Cryptocurrency trading should not be seen as job by the way.. There is no guarantee you will be profitable especially in this current market.

and why not ? its considered as a job as long as long as you can earn income thru it  . trading can be profitable at most times even in this kind of market condition .

Quote
Do not give up. I think trading is even less risky now compare to the very volatile days

trading is known to be verry risky compared to investing and other activities  . trading is also better on volatile days because you can expect to earn huge profits too oftenly compared to when the market is being stable  .
jr. member
Activity: 347
Merit: 1
Fun of WINBIX sales system winbix.io
February 09, 2019, 06:59:13 PM
You just need to know what you are trading so you can make sense of FOMO and FUD Without having knowledge of the coin and its current updates you will just trade without actual focus so you need to watch that
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
February 09, 2019, 06:51:51 PM
Trading is difficult to be honest. This is why it is necessary to learn before trading.
Cryptocurrency trading should not be seen as job by the way.. There is no guarantee you will be profitable especially in this current market.
Do not give up. I think trading is even less risky now compare to the very volatile days
I understood perfectly that, I'm agreeing with Ucy! Cryptocurrency trading could turn into a horrible just because lack of knowledge the current market sentiment, this is why importance read market psychology. I’m far from an expert on this topic, but have knowledge the principles minimize the risk.
This the market works by now but I've never think it will be like this for long. Trading is a risky job and many were losing badly due to lack of knowledge and its expertise with the market. But for us who wanting to work with the current condition, it is really a big challenge and we need to strategies our trades before it fall into losing..
hero member
Activity: 2856
Merit: 667
February 09, 2019, 05:13:25 PM
Trading is difficult to be honest. This is why it is necessary to learn before trading.
Cryptocurrency trading should not be seen as job by the way.. There is no guarantee you will be profitable especially in this current market.
Do not give up. I think trading is even less risky now compare to the very volatile days
I understood perfectly that, I'm agreeing with Ucy! Cryptocurrency trading could turn into a horrible just because lack of knowledge the current market sentiment, this is why importance read market psychology. I’m far from an expert on this topic, but have knowledge the principles minimize the risk.
Knowledge do help us to minimize the risk in bad times and maximize our income in good times.

This will teach us to make a proper decision making at a given situation, like at this timing, we are bearish so it's wise to calm down
and just continue to hold, we don't want to loss our money here as it's the opposite of our purpose, so we should not be aggressive when people
are not getting into the market due to the bad market condition.
member
Activity: 644
Merit: 10
February 09, 2019, 08:14:26 AM
I completely depend upon the experience you have because many people who are trader will always trade in the market whether the market is in fluctuation or when the market is an upward trend. They won't bother about the market situation and they will continue to trade in this market situation.
newbie
Activity: 174
Merit: 0
February 09, 2019, 07:30:43 AM
I think that after spending 2 years in this market (if this is of course all serious), then only you can help yourself. Try to analyze the market after spending a lot of time on it, and then think what exactly you are doing wrong.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
February 09, 2019, 01:35:03 AM
Trading is difficult to be honest. This is why it is necessary to learn before trading.
Cryptocurrency trading should not be seen as job by the way.. There is no guarantee you will be profitable especially in this current market.
Do not give up. I think trading is even less risky now compare to the very volatile days
member
Activity: 266
Merit: 11
February 08, 2019, 03:52:52 PM
If you don't have your trading strategy, it is probably the reason of your 2 years losses. So you should write it down. If you have one, you should make some changes in it or even completely rewrite it.
sr. member
Activity: 1344
Merit: 250
February 08, 2019, 02:24:34 PM
I am not a good trader, I always lose in my daily trade. Now I try to change the pattern by making a long-term investment, buying potential coin and hold it. Sell when there is profit.
trading must prioritize disciplines where you also have to race in a short-term situation, don't let you regret that the bearish momentum may last longer than thought. continue your trade while still prioritizing fundamentals. Don't be careless and keep up to date with the coins you trade.
member
Activity: 980
Merit: 62
February 08, 2019, 06:00:09 AM
I am not a good trader, I always lose in my daily trade. Now I try to change the pattern by making a long-term investment, buying potential coin and hold it. Sell when there is profit.

Daily trading is not so easy as people think it is. You need to do extensive research before making your call. Having said that, you need to spend a lot of hours in front of your monitors and try to explain the market, patents etc. Finding a new project and investing in it and expecting to make a profit is better. But you have to decide a priori in which price you are going to sell.
member
Activity: 392
Merit: 10
simply getting the job done
February 08, 2019, 02:13:52 AM
I am not a good trader, I always lose in my daily trade. Now I try to change the pattern by making a long-term investment, buying potential coin and hold it. Sell when there is profit.
sr. member
Activity: 882
Merit: 269
February 07, 2019, 03:05:27 PM
Friend read Warren Buffet, Wyckoff and Livermore, they are great teachers, you will realize that the important thing is to learn to understand the market, when you understand the market, your losses are going to stop, I am sure that a new path will begin. Wink
This is a really words of encouragement for those that think cryptocurrencies market is about risk.  The market is not about risk but understand the markets behavior.  I should say developing skills on how the market work and follow the whole trading principle.
full member
Activity: 1008
Merit: 101
February 07, 2019, 02:28:33 PM
If you are really determine to learn trading, Perhaps asking about the question in the title of this thread is not supposed to be in your mind.
Because, you will do no matter what it takes for the sake of knowledge you could get about in trading methods. You will find a way to know what are the basic things we should have as a trader in crypto world. And one of the example are you must have capital, then you should have an idea about the graph when you are in the actual trade platform.
Indeed knowledge is first and only main need of the market for trading, if you are not having fine skills and information about market it will be hard for you to become a good trader so the experience we get from trying and trying is best, I think you should continue now and at the same time you should try to learn more and more about trading don’t waste this opportunity of low price.
member
Activity: 980
Merit: 62
February 07, 2019, 01:07:54 PM
continue your trade, the market is increasingly interesting to explore further, by continuing trade you can compensate for your losses by creating new transactions that will make you more

I don't think that this is a good idea.
If he were skilled enough to make a profit he would have done it after 2 years have already passed. Maybe the best option is to quit and find another job. Or you can try to find interesting projects and just HODL.
member
Activity: 644
Merit: 10
February 07, 2019, 12:39:09 PM
Yes, it is very good to continue in the market with these market fluctuation and some people are trading mostly in this market and make plenty of money in this market only. We need to stay strong when the market is not properly in order to make little profits.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
February 07, 2019, 03:13:38 AM
well, when you feel that this is the time to trade, then do it. even I am currently confused by the steps I will take. but, for now, I prefer to resist compared to trading. maybe collecting assets is my main goal right now.
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
February 06, 2019, 08:02:44 PM
many people have problems like you,
and I also feel the same as you,
and this is indeed because the market is like this continuously whether until when it will rise again.
but what we need now is to try to get better and stay afloat,
do not sell your assets with losses and stop.
if you want to stop, then hold your assets.
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