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Topic: should i continue trading ? - page 20. (Read 26096 times)

full member
Activity: 1218
Merit: 112
January 10, 2019, 11:28:59 AM
#67
If you have got better option available then you can pursue that if not, then in my opinion, you should continue trading, but you have to change you trading strategy. As you have already spent two years day trading without much success, so you should go for long-term trading. Buy cheap and hold your coins for six months or so, i am sure it would be profitable.
full member
Activity: 784
Merit: 123
January 10, 2019, 10:35:24 AM
#66
Are you day trading or just holding? If you're day trading why would you quit? Practice makes perfect.
After I experience the bear market I started to do trading which help me to gain extra income even sometime I also experience some losses because I am beginner I still doing it and I do not have any plan to quit. I also have cryptocurrencies that until now I keep on holding which I believe that the price will increase in the near future.
I believe that you love of what your doing, trading doesn't requires of huge capital but for the person who have faith and really a risk takers.  Losses will just be normal to happen not just for begginers but also for old traders. Some traders quit from this just because commiting mistake that cause losses to them.  Hopefully you won't do that and even getting better soon.  
full member
Activity: 688
Merit: 106
January 10, 2019, 10:00:18 AM
#65
Are you day trading or just holding? If you're day trading why would you quit? Practice makes perfect.
After I experience the bear market I started to do trading which help me to gain extra income even sometime I also experience some losses because I am beginner I still doing it and I do not have any plan to quit. I also have cryptocurrencies that until now I keep on holding which I believe that the price will increase in the near future.
sr. member
Activity: 924
Merit: 255
January 10, 2019, 09:38:53 AM
#64
In trading, I think that depends on when we start and what coins we pick, if it's been a long time to trade, I think it's better to stop or keep holding it, it might take a long time, but if we really want to start or just start.. it's still worth to do and of course.. we have to pick coins that are higher potentially on its price movements and we also need to learn the crypto market movement.
sr. member
Activity: 1274
Merit: 263
January 10, 2019, 09:17:14 AM
#63
Yes You can continue.
sr. member
Activity: 1078
Merit: 250
http://unidapp.app
January 10, 2019, 08:51:45 AM
#62
I think with the current market conditions it will make us hesitant to trade, and if you are unsure of what you are doing then it is better to take a break and see the market development better to start again
Stay calm and observe what's happening in this market. We may be in a very difficult phase but if we have enough knowledge, trading in this discounted market can help us earn good profits. I believe that everything will be stable soon and we will achieve more in the future
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
January 10, 2019, 08:29:04 AM
#61
What to do now? Asked yourself if you still want to pursue your trading career or just quit on it. You can find and search for other jobs while still doing trading in the first place so I don't see why you will just quit.
Probably he wants to cover all his losses only from trading. I can understand his frustration but right now he should not continue his trading with current state of skill levels. He must need to improve himself so that you will find the differences. Taking a long break for the purpose of learning and practicing is highly suggested. I'm not sure it will be possible because he must need some income stream for leading a life like he mentioned. Moreover anyone cannot earn a living from trading at first place as results from trading is not consistent all the times. So finding some job and then along with that focusing on sharpening trading skills is highly recommended.

I think with the current market conditions it will make us hesitant to trade, and if you are unsure of what you are doing then it is better to take a break and see the market development better to start again
But, I'm afraid that he will be finding any development in his trading because he was not successful for last two years hence even the market was positive, he was unable to manage his trading into profitable. So, the current market conditions cannot be the reason why he is hesitating to continue. But, he must need a big break so that it will improve all his trading skills before getting back to trading.
full member
Activity: 899
Merit: 101
January 10, 2019, 08:11:46 AM
#60
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    
 
do you trade everyday? I am really surprised that you didn't get a profit in 2 years. It's a very strange matter. If you invested at least 2 years ago you must be in profit in December 2017 and January 2018. could you explain why you are saying you didn't get profit.?
maybe you need to evaluate your self.there is big mistake from your self , is it about skill in analisys or other mistakes.if we invest in bitcoin since two years that should in end of 2017 we got huge profits.
member
Activity: 1106
Merit: 11
Crypto in my Blood
January 10, 2019, 07:35:05 AM
#59
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    
 
do you trade everyday? I am really surprised that you didn't get a profit in 2 years. It's a very strange matter. If you invested at least 2 years ago you must be in profit in December 2017 and January 2018. could you explain why you are saying you didn't get profit.?
full member
Activity: 588
Merit: 101
January 10, 2019, 06:39:55 AM
#58
I think with the current market conditions it will make us hesitant to trade, and if you are unsure of what you are doing then it is better to take a break and see the market development better to start again
sr. member
Activity: 2506
Merit: 368
January 10, 2019, 06:31:40 AM
#57
Two years is enough time for you to figure out how to be good in trading. With this bear market, I think you should stop trading for a while, Hold your asset and wait until the market bull then start trading again and figure out how to be good at it. DYOR more, two years is way too long to understand it.
For newbies, this could be a hard time to start trading especially if the market is just like this which is not really making any progress up but instead keeping the prices harder for traders to achieve. Two years of experience is quite enough to fully understand the movement of the market and OP shouldn't quit when everything seems to start getting interesting that's when he wants to stop.

Don't just throw that two years of experiences away just because you're not getting any today. Learn to rest but don't stop or quit, you will regret it for the rest of your life.
hero member
Activity: 1358
Merit: 509
January 10, 2019, 05:59:47 AM
#56
It is all depend on your psychological conditions whether you want to continue or stop all activity for a while. I prefer to focus on myself before sitting in front of computer. Emotion control is necessary if you feel pressure on your shoulders.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
January 10, 2019, 05:42:48 AM
#55
Two years is enough time for you to figure out how to be good in trading.
This is again dependent on a person's learning capability. I would tell them to play it safe and study the older charts as well. They can reveal a lot more on the "trend" than just 2years charts. Again it does not mean that just studying them will make them skilled in trading. It needs practical after the theory.

Quote
With this bear market, I think you should stop trading for a while, Hold your asset and wait until the market bull then start trading again and figure out how to be good at it. DYOR more, two years is way too long to understand it.
One can always buy the dip whenever it happens and stock up unless they are feeling bad and not willing to put in more money. For those who have been with the market for long understand the importance of buying at the dips.
full member
Activity: 630
Merit: 100
January 10, 2019, 04:46:11 AM
#54
Trading cryptocurrency is very unpredictable,  and the most natural thing to happen to your trade is lose.  You must therefore prepare extensively before you start to trade.  You must know how much risk you are willing to take and what you will do in the event that you are losing.  There are strategy that should put you in profit regardless of market condition but you must prepare and have a method!
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
January 10, 2019, 03:30:17 AM
#53
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 )
2 years, that's a long period of time spent in trading but you are still not profitable, maybe day trading is not for you my friend, try going for long term trade like holding, it's also a good form of trading, I make profit that way.
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
If you feel you have no chance to improve in day trading then better find a job for a stable income, you can still invest anyway, but like I said, you have to buy and just hold it.
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 know there's a lot of day traders who have the same experience as you because its impossible that all day traders are profit, this market would be easy if it goes that way. My experience in day trading is not good, overall I don't make profit that's why I decided to hold and find a stable way of earning like having a business.
 
sr. member
Activity: 1540
Merit: 255
January 10, 2019, 03:30:08 AM
#52
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    
 
If you can't afford it, why do you keep going? So why don't you take a break if your losses are more than your earnings? To be the best trader, first of all, you should be able to protect your deposit, profit is second.

Yes, you are right why don't you stop your trading if you are loosing continuously because without knowing it is completely waste trading because cryptocurrency fluctuations are really hard to predict which we cannot able to predict and it will surely affect our income.
full member
Activity: 980
Merit: 114
January 10, 2019, 03:05:39 AM
#51
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    
 
Day trading is one of the risky way we can makes money from cryptocurrencies market but because of the risk involved many investors lose money just like op has rightly posted.  I think we should have good knowledge of the market before investing and do day trading. If you learn well you will makes money from the market.
jr. member
Activity: 275
Merit: 1
https://customcontract.network
January 10, 2019, 01:27:13 AM
#50
I also do crypto trading and I do this in part of my free time, there is a routine work that I have to do and this is my source of steady income, and I do trading to look for additional income which will benefit me when I have to hold coins when there is a decline price, be patient and wait for the best price to get the profit target that I want
member
Activity: 186
Merit: 12
January 10, 2019, 12:44:56 AM
#49
Two years is enough time for you to figure out how to be good in trading. With this bear market, I think you should stop trading for a while, Hold your asset and wait until the market bull then start trading again and figure out how to be good at it. DYOR more, two years is way too long to understand it.
sr. member
Activity: 826
Merit: 252
January 09, 2019, 11:52:16 PM
#48
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    
 

Quit is not the answer but find the mistakes and never do that again is the right option you have. In this situation and many cases many people like you fails but only few of them keep stay and become great trader. All option/ decisions have risk and if you can't handle it I think quit is better. Just find the mistakes and you'll learn something that might be change your life.
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