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Topic: start trading again carefully and don't be too ambitious to get big profits ...! - page 4. (Read 984 times)

hero member
Activity: 924
Merit: 502
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There's one world that summarizes it all. Greediness. A smart teader should know how and when to buy or sell coins. He should also posses control and patience in order to succeed in his profession. Now. If he would be riding through his emotions and eagerness to acquire more rather than to think smart, he would end up loss. Trading is very critical. We should always be cautious about everything.
When trading crypto at first know the risks and set a goal for the profit. Without setting a goal during trading we might end up loss after all of our effort. Also, to be ambitios in getting big profit it resulted of being greed might as well focus on a goal that you wanted to achieve and enough profit.

Having an ambition isn't that bad at all though. All of us wants to make big profits when trading. I think we just have to be reasonable.  That way, we can gauge if we're already bordering on being greedy. Your ambitions can act as your goal or motivation to study the market thoroughly and take everything as a learning step towards what you aim. It's just that we need to know how far we have to go to get to them.
hero member
Activity: 1428
Merit: 506
There's one world that summarizes it all. Greediness. A smart teader should know how and when to buy or sell coins. He should also posses control and patience in order to succeed in his profession. Now. If he would be riding through his emotions and eagerness to acquire more rather than to think smart, he would end up loss. Trading is very critical. We should always be cautious about everything.
When trading crypto at first know the risks and set a goal for the profit. Without setting a goal during trading we might end up loss after all of our effort. Also, to be ambitios in getting big profit it resulted of being greed might as well focus on a goal that you wanted to achieve and enough profit.
sr. member
Activity: 2422
Merit: 357
There's one world that summarizes it all. Greediness. A smart teader should know how and when to buy or sell coins. He should also posses control and patience in order to succeed in his profession. Now. If he would be riding through his emotions and eagerness to acquire more rather than to think smart, he would end up loss. Trading is very critical. We should always be cautious about everything.
legendary
Activity: 2716
Merit: 1225
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let us trade well without ambition to get big profits, the desire to get big profits in trading is very reasonable, of course, but for example we are very ambitious and not careful in trading your day, it will all cause us will be trapped, and in trading avoid panic for example there will be a decline, because you have to think that prices will be able to rise again, let's trade with our self-speculation which of course can be even better again.
What sustains any successful trader is cutting short losses and allowing profits to run. It's not that there are traders who don't record losses at all. This isn't possible because profit and loss are an integral part of trading. To surpass this hurdle of always losing a trade, one needs to constantly oil one's trading skills. As for being ambitious in getting bigger gains, there isn't anything wrong with that with the right mindset and skill.
sr. member
Activity: 1400
Merit: 283
let us trade well without ambition to get big profits, the desire to get big profits in trading is very reasonable, of course, but for example we are very ambitious and not careful in trading your day, it will all cause us will be trapped, and in trading avoid panic for example there will be a decline, because you have to think that prices will be able to rise again, let's trade with our self-speculation which of course can be even better again.
I totally agree, but one of the most important thing is that you have to know what you are doing, most of the comers and the ones who are trying to make money from trading at first, they just get jumpy and they get impatient and overwhelmed by the the information, and greed drives and lose their money quickly, and also they just tend to believe any predictions and anyone out there that is telling people either to buy or sell, and all of this because they lack knowledge, trading needs deep understanding and patient in order to make profit.
hero member
Activity: 2940
Merit: 613
Winding down.
Trading is a good way in earning some good amount of money in crypto industry but not all the crypto lovers can easily trade and earn profits.
Trading really need some research, tools, good source of information and experience in order to reach your target while trading.

Others think that trading is very simple and many of them lost their investment because of this kind of behavior. Being ambitious is also one of the behavior that you need to control in order to become a professional trader someday. Remember this "Only newbies will panic once the price will start to go down".
Yes. Trading takes time to learn so we should not expect to make big profits in just a short time. A good trader should be knowledgeable and a resourceful one so he can trade successfully even if the price market suddenly turn sideways. Being patient is also is a great factor to make one's trading profitable too.
hero member
Activity: 1386
Merit: 504
let us trade well without ambition to get big profits, the desire to get big profits in trading is very reasonable, of course, but for example we are very ambitious and not careful in trading your day, it will all cause us will be trapped, and in trading avoid panic for example there will be a decline, because you have to think that prices will be able to rise again, let's trade with our self-speculation which of course can be even better again.
Simple yet theres a lot of things in the message thanks for sharing, even i myself many times before i've been losing big amount because of being like that whilst many other pro says profit is profit and i am not contented with that i will only sell when my entry price was hit or near to it believing that it was only a retest but often times its not. This is a real thing now i learned from it everyone who will read this follow it, Don't be so ambitious in thinking that the price will more goes. have your own trade plan that whenever gives you a profit save some amount be wise in trading.
hero member
Activity: 1176
Merit: 500
Correctly. You should set a goal not to make a big profit, but to gain knowledge and experience. You have to become a good trader, and a large income should be in the background.
hero member
Activity: 1932
Merit: 506
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Trading is a good way in earning some good amount of money in crypto industry but not all the crypto lovers can easily trade and earn profits.
Trading really need some research, tools, good source of information and experience in order to reach your target while trading.

Others think that trading is very simple and many of them lost their investment because of this kind of behavior. Being ambitious is also one of the behavior that you need to control in order to become a professional trader someday. Remember this "Only newbies will panic once the price will start to go down".
legendary
Activity: 3318
Merit: 1128
let us trade well without ambition to get big profits, the desire to get big profits in trading is very reasonable, of course, but for example we are very ambitious and not careful in trading your day, it will all cause us will be trapped, and in trading avoid panic for example there will be a decline, because you have to think that prices will be able to rise again, let's trade with our self-speculation which of course can be even better again.
That is a pretty good advice there, for some of us who are not long time holders; we just need not to be too greedy when trading, because greed makes us to lose everything. I respect myself a lot, I already know the level of my greed and that is why I limited my own trade to Long term investment (Holding).

The funny thing I see in this trading is that when bringing out capital to invest and trade with, we are not always greedy, but when it comes to taking profit, virtually all traders are greedy, which is the reason why you would see someone wants to trade with $10 and wants to make fortune out of it within few months, and when they get the chance to take that small profit, they fail to take it.
sr. member
Activity: 698
Merit: 251
That's the main problem a trader is facing. When they earn peofits, they want more and they want huge. That is called, "greed". I do realized that many times and countless times I fall because of that ambition. You were right, let's not too ambitious to earn big profits to keep our track in trading and let us create a positive mindset.
greed is not bad you have to know when to greed and when to fear , when price are increasing like now in bitcoin you think greed is bad then you would have made couple of dollars and would regret ,   
full member
Activity: 714
Merit: 114
That's the main problem a trader is facing. When they earn peofits, they want more and they want huge. That is called, "greed". I do realized that many times and countless times I fall because of that ambition. You were right, let's not too ambitious to earn big profits to keep our track in trading and let us create a positive mindset.

Having that kind of mindset is not bad but its actually good and bneficial in the long run because that gives you an edge to push your self more  . I remeber once , there was a saying that says dont limit your self . Dont say that you already reach your goals , instead aim for more . The purpose why we are here trading is because of the money,because of the profit ,we all want to earn more and we all want to earn big  .
member
Activity: 630
Merit: 20
That's the main problem a trader is facing. When they earn peofits, they want more and they want huge. That is called, "greed". I do realized that many times and countless times I fall because of that ambition. You were right, let's not too ambitious to earn big profits to keep our track in trading and let us create a positive mindset.
hero member
Activity: 1190
Merit: 500
That's true. We could set a target goal and aim for the best but we should not be greedy because it could mislead us and might ruin our strategy. We should focus on gaining a reasonable profit. If you're a smart trader, you could still gain a good profit no matter what the situation of the market is.
greedy could make our trades messy.the profits that we collected in previous trades could be losses and ofcourse we will regret with our strategy.focusing in our target and don't changes it will help us to survive.
Without goals and targets, then what will you pursue in trading? trade is not a place to play or have fun. Thats natural if you want to make big profits in trading, everyone wants to be rich from trade, but that does not mean it will destroy your plan, people who have big targets do not mean he is greedy, all you have to do is have good plans and strategies to achieve your dreams. do not get carried away when the market falls, don't be greedy when the price rises, you should remains in accordance with the plan
hero member
Activity: 2996
Merit: 609
let us trade well without ambition to get big profits, the desire to get big profits in trading is very reasonable, of course, but for example we are very ambitious and not careful in trading your day, it will all cause us will be trapped, and in trading avoid panic for example there will be a decline, because you have to think that prices will be able to rise again, let's trade with our self-speculation which of course can be even better again.
Panic? It cant really be avoided in trading specially when you are just starting but I do agree into some points.We shouldn't
really mind too much on how to make big profits with trading.Yes, it can give out the chance but the journey or path wont really
be that easy as you think yet you would still experience lots of losses before you would able to learn.
hero member
Activity: 1358
Merit: 509
Greed often causes more losses. If you can use it in the right place, this is a great chance for you.
Try to start and to stop at prices that are appropriate for your analysis. I believe this will lead to more regular earnings.
full member
Activity: 322
Merit: 100
It's very difficult to get rid of greed and that happens because every trader aims to get more profits. Except for those traders who are truly consistent and always grateful for what they get even though it's small.
sr. member
Activity: 1330
Merit: 291
Yes we should trade carefully and we could dream but we should also know our limits.
Besides that is why we are trading because of our dream to earn big.
But don't be so ambitious and know your limit .
I don't trade because of big profits but I do trade because I can exist for long-term in the market and I am not losing too much in my investments.  I focus my mind on how experience and skillful I am than profits because I know if I have "trading skills"? There is no way I will not make profits.
Are you sure you are telling us the truth? Because I find it difficult to believe you on the ground that profit is not your major driver to trading crypto currency but because you can hold for a long time. If you can hold for long time it equally mean you want more profit from your investment and mean you have the capacity to do away with some of your money for a long time period.
sr. member
Activity: 1330
Merit: 291
To be ambitious in my opinion doesn't translate into making wrong trading decision except if what you meant by ambition is quite different from the way I read meaning to the word. I believe many who want a quick money are all into gambling activities and not really in crypto currency trading.
I think being too ambitious or shall i say being unrealistic will not bring any good either in trading or gambling.Greediness is a negative attitude that should not let us prevail because it will only make us losers in the long run.With proper exposure and experience in trading,one can develop his own strategies and skills which will help him to achieve big profits in trading.
Well, not just in the long run but from the start greed is one of the major for one to lose in both crypto currency trading and gambling. I agree with your submission that experience in either trading or gambling really help for one to make profit.
hero member
Activity: 2660
Merit: 630
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Besides that is why we are trading because of our dream to earn big.
But don't be so ambitious and know your limit .

Big dream is the reason so many traders get trapped. Is not that having big dream is bad but yes, knowing our capacity including our account size is important. Being ambitious is good but over ambitious leads to problem.
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