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Topic: should i continue trading ? - page 13. (Read 26109 times)

full member
Activity: 700
Merit: 117
February 06, 2019, 06:29:55 PM
When we are not able to make profits from something then it is better to avoid them completely,just doing because other are making profits from it will make the losses more severe.
We have different life and so the right place to stay.  If you don't have interest in trading,  there is no need to stay in here. Some people consider this as an easy task but they really don't how it works, that causes them to loss their funds. We need to understand how the market behave and so we can generate strategies that could be applicable by then, cause if not..there is nothing to happen but just a loss.
full member
Activity: 350
Merit: 102
February 06, 2019, 03:57:43 PM
I think that you don't know all the necessary information and this is your weak side. After all, if the trader knows all the necessary information, then after analyzing the charts, he can predict in which direction the price will move. Of course, not always predictions are 100% correct, but still most of the predictions are correct. Having a forecast, the trader can only place buy or sell order and stop-loss.

( i dont know what should i learn more so that i will be profitable )

And the fact that you are sure that you know all the necessary information  it says that you have insufficient self-analysis.
Start from the beginning. Learn the basics of technical analysis, the intricacies of crypto trading. Pick up those indicators that work well in the crypto market (for example, RSI and Ichimoku cloud, Bollinger bands, Fibonacci retracement) also use figures of technical analysis. Separately study the candlestick analysis, I personally consider it a powerful assistant in the trade.
And only after studying this information, start practicing on small amounts. Never act under the influence of emotions.
full member
Activity: 882
Merit: 126
★777Coin.com★ Fun BTC Casino!
February 06, 2019, 01:53:32 PM
When we are not able to make profits from something then it is better to avoid them completely,just doing because other are making profits from it will make the losses more severe.
hero member
Activity: 1092
Merit: 501
February 06, 2019, 11:15:14 AM
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.
hero member
Activity: 798
Merit: 503
February 06, 2019, 10:10:02 AM
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    
 

According to SatoshiMoku (I'll leave the link below) and I share his opinion, successful traders go through several stages:

1. Loss of money on each transaction

2. Trade "to zero"

3. Small profits on the deal

4. Large profits

In order to proceed to the next level, it is necessary to draw the right conclusions. Apparently, for some reason you are not drawing the right conclusions. Except you, nobody knows what your mistakes are.
I advise you to clearly analyze your thoughts and actions and make a list of them. Perhaps it will be easier for you to find your mistakes.
I dare to assume that if you have been trading only in a minus for 2 years, then first of all you cannot correctly determine the points of entry and exit.
Here's a link to SatoshiMoku and his post where you can find lots of useful tips and tricks: https://medium.com/@CarpeNoctom/toshimokus-trading-tips-tricks-f0ff5cc38cc8
Personally, I think that all the “helpers” described by him in trade are excellent in helping to trade on the crypto  market. I myself have been working with these “helpers” for a long time and personally for me they help a lot to make money. I hope that this post will be useful to you and you will finally move on to the next stage.
newbie
Activity: 41
Merit: 0
February 06, 2019, 08:20:31 AM
If you have traded for a long time and don't know whether to continue trading or no, the best decision would be "to continue".
 For this time, you have gotten a lot of your own experience and in the future, you can use your skills all out. Your last fails may become your strong points you can use in your further trading. Maybe, if you failed in the past, you need to change your trading strategy and use new trading methods to reach more success. About new trading strategies and methods, you can get to know on the Newconsort platform which I already use.
full member
Activity: 658
Merit: 103
February 05, 2019, 05:05:37 AM
If you think that you can still able to make profit in trading then it is better if you will continue trading. You should fully prepared to the risks that you are facing in cryptocurrency trading for you to not lose hope. You will not regain all of your losses if you will now quit in trading.
full member
Activity: 658
Merit: 102
February 05, 2019, 04:27:00 AM
You should have learned a lot during your two years of daytrading if you are really serious in learning how to trade. Some of the traders use few technical analysis tools to win a trade so I think you need to educate yourself how to trade properly. I hope you are not the one who buy high and sell low type of trader or get easily overcome by FOMO. I believe you can still improve and don't be discourage.
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
February 05, 2019, 03:02:28 AM
Tell us what is really reason why you have Idea why have now option if you are continue to trade or your going to stop. You can find the answer of that if you are real trader you can understand of what happened in the market and you can know the market will up again and you will still have getiing more money.
continuing to trade is someone's right, and we can't stop it. however, some people who are still trading today are those who have just bought a stock of coins, or are trying to take advantage of the current low prices. however, for now I am not continuing to trade because of a bad market.
member
Activity: 462
Merit: 10
February 05, 2019, 02:41:37 AM
If you already doing trading in 2 years you have to continue to do that, because you have already experienced and with more step possible to make by your self become expert trader. You have to keep learn from the pass and what the mistake that you has been to do. I think knowledge about risk management and understanding the market trend is one of the key to get successfully in trading. Since you can not yet get profit consistent, you should be use trading for second job.
sr. member
Activity: 980
Merit: 261
February 05, 2019, 02:32:28 AM
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

Even you cant understand really the market you can look for the movement and your coins to be trade if you foubd out that when you sell you dont have anything to earn then pospone it but if you found out that when you sell and you be able to earn go with it do not wait for the market to settle as long as the market moves make an action to earn.
hero member
Activity: 1834
Merit: 523
February 05, 2019, 12:19:52 AM
Tell us what is really reason why you have Idea why have now option if you are continue to trade or your going to stop. You can find the answer of that if you are real trader you can understand of what happened in the market and you can know the market will up again and you will still have getiing more money.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
February 04, 2019, 11:48:04 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
hero member
Activity: 3052
Merit: 606
February 04, 2019, 06:57:07 PM
I also faced this type of problem lot of times. But I didn't lose hope and tried again and again now I can get profits from trading. So don't give up just try and try.
If you have passion and eager to learn in trading,  you'll having a bright future in here.  If course, losing is not the hindrance to stay in trading but instead in makes us to be encourage and find a better ways to be profitable. Losing is a part of trading life and to become successful.
Right.Don't be discouraged easily if you are not making profits in trading.Maybe you still have to learn good strategies in trading for you to become success in the end.There are still a lot of people here that started losing in trading but never give up.Instead they become more motivated to learn more by studying  and keep on experiencing trading that have given them lessons  and have molded them to be good traders in the end.
hero member
Activity: 2828
Merit: 518
February 04, 2019, 05:28:27 PM
I also faced this type of problem lot of times. But I didn't lose hope and tried again and again now I can get profits from trading. So don't give up just try and try.
If you have passion and eager to learn in trading,  you'll having a bright future in here.  If course, losing is not the hindrance to stay in trading but instead in makes us to be encourage and find a better ways to be profitable. Losing is a part of trading life and to become successful.
sr. member
Activity: 826
Merit: 250
Bitgesell (BGL) Decentralized Cryptocurrency!
February 04, 2019, 05:15:09 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    
 
Trading is the art of crypto so if you quit trade that means you left crypto. Really i am shocked that you never get profit last 2 years but last year maximum people were rich.You can get a huge loss on gambling, not crypto trading but you need to control emotion and always make target profit.Yes,many people get loss and loss because of they always disappointed if price down but you sell and buy again and again hope you will get small profit and also increase asset and never lost because of real project pump always.
jr. member
Activity: 333
Merit: 1
Security and Privacy Features on the Blockchain
February 04, 2019, 01:09:26 PM
I also faced this type of problem lot of times. But I didn't lose hope and tried again and again now I can get profits from trading. So don't give up just try and try.
full member
Activity: 700
Merit: 100
Proof-of-Stake Blockchain Network
February 04, 2019, 10:15:34 AM
try to strengthen your week points there should be a reason for you making loss find it and improve dont quit i think you are little far from making profits 
That's the use of experience, you have to know why you can lose? there must be a reason right ? could it be careless, hasty or impatient. fix your negative points so you can come back be a better trader, moreover losing is normal thing dude

That's correct lossing in trading is normal for me now every times I loss it's a big lesson for me to think about those experience that i've loss to trade up again.
jr. member
Activity: 56
Merit: 4
February 04, 2019, 03:46:09 AM
if I continue to trade, because my daily needs depend on my trading, if I don't trade I can't eat, indeed  looking for profits in the trading market is very difficult, the most important thing is to be patient
depending on only trading income is very difficult it will effect your emotions and psychology too much, good thing is you are making profits continue and make more profits good luck 
It really feels difficult especially when you are trading thru emotions cause everything will be affected. If you have an effective plan,  tried to stick on it and you'll see you succeed even during this time.  You don't need to have luck but to work it seriously and focus of what you are doing.
Only few people have the guts to face the risk, others will just stay for awhile and waiting for good market trend.

Yes, in crypto market there is boundaries for us to make money but while trading we need to have enough plans in order to implement while trading. Without planning it is impossible to make money through reading and even if you don't wait patiently you will be loosing more value.
without plan its mean we have no goal that we will achieved.we just trades like a gambler.just put our money in table and wait till we get profit or loss.
Dont you find interesting the fact that this guy is trading for 2 years, but for the first time he is here asking stupid question that has been asked so many times? For 2 years this guy didn`t bother to read nothing about trading, he must have thought that trading is making money without knowledge and capital, he just open account and he is a profitable trader? Do you people think its possible?
He should spend 2 years learning, than to come here and ask some proper questions about trading, and only than to start to trade. Now he is losing money for almost 2 years and he come here to cry about it, who fuck him, let him drown himself and maybe than he will learn, like many others.

And he also mentions that his daily needs are through trading if he is not booking profit how is he managing his daily needs since 2 years.

Anyways, If you are truly will to learn trading then you can ready investopedia, Babypips. Also, use testnet and note doen the mistakes you do and have your own strategy. You can join telegram groups, follow good traders, check out price predictions for signals but, do your research before investing.

You can reduce your loss by having stoploss and by doing pre-investment research.
full member
Activity: 460
Merit: 100
February 04, 2019, 03:40:47 AM
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    
 

2 years experienced in trading is too much to deal with crypto or perhaps you were not fit on that kind of activities. Try to invest in long term like bitcoin or any top altcoins might be you will get lucky on it. And look for a stable job to make you support in your financial needs.
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