Success is a meaningless word without failure. - page 2.

GreatArkansas

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Quote from: JMBitcointernational on March 17, 2024, 09:19:26 PM

(....)
Lastly, please my fellow beginners let's not be discouraged by the number of losses or failures we experience while trading because failure begets success, also we should focus more on hodling coins even when we trade because we cannot predict the price fluctuations of coins in the future.

It emphasizes several ideas that are widely applicable across various aspects of life as a trader.
The reality of loss acknowledges a universal truth in trading.
Learning from failure, each loss or misstep is framed as a chance to learn and adapt.
Redefining failure, by viewing failure as stepping stone rather that a defeat.

JeffBrad12

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Quote from: Mpamaegbu on March 23, 2024, 11:16:26 AM

Success and failure go hand in glove just like life and death. Man often wants the first and not the latter. Anyone who tells you they've been winning in their game consistently without failure is a blatant liar. There's always that period of learning in any profession and trading isn't exempted from it. That's the period failure comes in. Experienced and profitable traders have stripes and injuries sustained over the period from their involvements but may not want to always share them so as not to scare the upcoming ones. In juxtaposition, success becomes meaningful and appreciated after series of failure. That's true. Otherwise, the achiever won't value it. Again, no one ever has success thrown at them. Even if bequeathed by dead parents or relatives, it's not success but inheritance.

even there are many famous entrepreneur that said if you somehow got successful out of your business then you should consider it as a bonus, for someone that doesn't really pay attention to that kind of statement might undermine the meaning of that statement but for many that are observant enough they know that these entrepreneur are emphasizing the fact that in starting out a business the failures will happen more frequently than a success that the rate of success is small in this case.
that simply means that there's no success without failure and even if there is that person probably lucky enough or at least genius at what they're doing but overall failure always come after those that tries and always a prequisites before someone reaching their success journey.
business is no simple thing that anyone can do, these failures also means a test for someone resilience towards losing capital since a failure always get accompanied by losing capitals.

Ben Barubal

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Quote from: Finestream on March 27, 2024, 04:37:07 PM

Quote from: gunhell16 on March 22, 2024, 04:32:37 PM

We all know that there is no successful person who has not gone through many failures in life. Everything needs to be endured; that's why you need to be strong or patient in order to be successful. There is no successful person who can say that he reached success without difficulty; there is no such thing.

If gold is passed through a furnace or fire to find out if it is really pure gold or not, then it is the same for our people to test who we truly are as human beings in this world.

Reality is, no one gets successful in trading without losing its capital consistently. Because if we don’t experience losses in the first place, we won’t be highly motivated to do more good in trading and enhance our trading skills and strategies. If we don’t suffer from losses, then we won’t feel the challenge to win our trades the next time we trade.

Success is the ultimate goal of failure, as there can be no individual that will be satisfied with his consistent failures and losses, of course he will aim to be successful in the end.

I agree with what you said; then there is no really successful person who said that he got his success without effort; the person who says that is just crazy. Because there is no shortcut to success, there is no exemption; everyone has to go through hardship first and be patient before achieving or obtaining it.

And it's not easy to get; it has a process that we must really go through, and while we go through that process, this is where our determination, stability, and how far we can endure these trials are measured.

Finestream

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Quote from: gunhell16 on March 22, 2024, 04:32:37 PM

We all know that there is no successful person who has not gone through many failures in life. Everything needs to be endured; that's why you need to be strong or patient in order to be successful. There is no successful person who can say that he reached success without difficulty; there is no such thing.

If gold is passed through a furnace or fire to find out if it is really pure gold or not, then it is the same for our people to test who we truly are as human beings in this world.

Reality is, no one gets successful in trading without losing its capital consistently. Because if we don’t experience losses in the first place, we won’t be highly motivated to do more good in trading and enhance our trading skills and strategies. If we don’t suffer from losses, then we won’t feel the challenge to win our trades the next time we trade.

Success is the ultimate goal of failure, as there can be no individual that will be satisfied with his consistent failures and losses, of course he will aim to be successful in the end.

South Park

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Quote from: Adbitco on March 23, 2024, 10:39:10 AM

Trading is all about determination and the mindset to accept the risk involved while trading if you could overcome the risk then you can be able to succeed in trading, sometimes I don't encourage demo trading as a trader it's advisable to start with the little you think you can risk to learn from otherwise while going live on real account you could encounter some difficulty because real account is not as demo and can not afford to lose his funds while trading live account.

To succeed in trading and investment you must first accept the risk and lose associated with the trading if not this could be a measure limitations to you, that's why many people today being the newbies don't push further after incurring much lost, you know while trading in demo you can feel so excited that you are doubling your account with this mindset you might think real account is also subjected to demo without knowing it's more manipulative and very hard to control unlike the demo that is so easily and simple.

Demo trading has a major flaw, and that is that since the money is not real there is no pressure at all for the trader to give their best performance, so even if they were to lose all their capital there, they can just conjure more of it until they can finally get positive results, but trading for real is not like that, once you lose your capital is over, so money management and the control over your emotions becomes way more important than the ability to predict the top or the bottom.

Yaqs15

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Quote from: JMBitcointernational on March 17, 2024, 09:19:26 PM

success is actually meaningless word without failure, because most of us loose some of their trades and at same time feel very disappointed because they only focused their mindset on making profits alone without anticipating any chances of loss or failure. losing a particular trade or several trades does not really make you a failure instead it gives you the opportunity to embrace every important lesson that you failed to achieve in your missteps or in your wrong turns.

Lastly, please my fellow beginners let's not be discouraged by the number of losses or failures we experience while trading because failure begets success, also we should focus more on hodling coins even when we trade because we cannot predict the price fluctuations of coins in the future.

When you try and fail, you have at least gotten some idea and you are not starting from the scratch. you can still be trying again and again because he who fails and quit is not ready to be a successful person. A successful person never give up, irrespective of the number of failures. every successful person undergoes failures severally before he or she becomes what he or she is, and is together with patience and endurance.

Mpamaegbu

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Success and failure go hand in glove just like life and death. Man often wants the first and not the latter. Anyone who tells you they've been winning in their game consistently without failure is a blatant liar. There's always that period of learning in any profession and trading isn't exempted from it. That's the period failure comes in. Experienced and profitable traders have stripes and injuries sustained over the period from their involvements but may not want to always share them so as not to scare the upcoming ones. In juxtaposition, success becomes meaningful and appreciated after series of failure. That's true. Otherwise, the achiever won't value it. Again, no one ever has success thrown at them. Even if bequeathed by dead parents or relatives, it's not success but inheritance.

Adbitco

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Trading is all about determination and the mindset to accept the risk involved while trading if you could overcome the risk then you can be able to succeed in trading, sometimes I don't encourage demo trading as a trader it's advisable to start with the little you think you can risk to learn from otherwise while going live on real account you could encounter some difficulty because real account is not as demo and can not afford to lose his funds while trading live account.

To succeed in trading and investment you must first accept the risk and lose associated with the trading if not this could be a measure limitations to you, that's why many people today being the newbies don't push further after incurring much lost, you know while trading in demo you can feel so excited that you are doubling your account with this mindset you might think real account is also subjected to demo without knowing it's more manipulative and very hard to control unlike the demo that is so easily and simple.

Hypnosis00

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Quote from: pinggoki on March 23, 2024, 03:39:58 AM

That's a profound take but yes that's it, success is built upon mountains of failure but I'd like to clarify something about this words because some people forget that it's not just failing over and over again that constitutes to a success, it also involves the fact that you should be learning something new when you're failing because if you keep failing over the same mistake, you're not destined for success. When it comes to trading, my advice is to try and make sure that you're not failing horribly and always find a way to learn but at the same time minimize your fails because failing on trade means losing money and you can't really lose such resource in this world. It's good if you do some practice in trading before trying yourself for the real one, no risk but you're learning a lot of things.

There are two things that a person reacts to when failing and committing mistakes;
- take this as a positive note
- take this as a negative note

If we say positive - it means that we use this as a reason to improve and level up our knowledge and skills.
But if we take this on a negative note - it means that trading is not for us and quit.

Failure seems not to look good and could really affect our mindset but if we are determined to reach our goal, we should take this as a motivating factor, not a negative one.

justdimin

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Quote from: milewilda on March 22, 2024, 06:16:44 AM

Quote from: Viscore on March 22, 2024, 05:51:44 AM

Trading has certainly its inevitable failure and losses, so we need to embrace it instead of complaining, and develop more knowledge and skills as much as possible so that we can limit those losses and maximize our profits. However, it’s hard to anticipate gains and profits for newbies in trading because in reality, they are the most susceptible to losses. But as they go on their trading journey, they gain more experience that will improve their trading performance and eventually become pros in it until they start losing minimally and gain maximum profits throughout its process.

Truly inevitable and there's no way that you could really be able to avoid out no matter how good you are on handling your trades on which losing will really be there. Experience of certain person would really be the ones who would really be leading them up on what are the things that they would really be doing next. We do know that each person does have that different level of experience on which they would really be having that different
approach and reactions if whatever the conditions that they would be able to encounter. Success is indeed not something that could be achieved so easily without having those challenges along the way.
These are the things that would really be making you better as you do go forward.

Not all would really be able to achieve such condition on which there are ones who do succeed and there are ones who do still fail. Its a matter of hardwork and a little bit mix of luck.
Not all would really be doing hard work would always pays off. There are really things which arent really that meant for us.

Losing is just a natural part, and anyone who trades a bit will see that reality. Just simply look at the richest investment banks in the world, you will see that most of them do lose money eventually and there is no way to make that back. I feel like it is going to mean something if we know what we are doing, and in that case we should be considering how to get better with time.

I hope that people could make that distinction because if you just go for the win every single time, you will be upset when you get a bad return as well. I personally believe that I will not be making a profit every single time I trade, and very well aware of that, so I do not really expect anything like that in the end, I just hope to do as well as I possibly could.

pinggoki

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That's a profound take but yes that's it, success is built upon mountains of failure but I'd like to clarify something about this words because some people forget that it's not just failing over and over again that constitutes to a success, it also involves the fact that you should be learning something new when you're failing because if you keep failing over the same mistake, you're not destined for success. When it comes to trading, my advice is to try and make sure that you're not failing horribly and always find a way to learn but at the same time minimize your fails because failing on trade means losing money and you can't really lose such resource in this world. It's good if you do some practice in trading before trying yourself for the real one, no risk but you're learning a lot of things.

AnonBitCoiner

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Quote from: Julien_Olynpic on March 22, 2024, 07:43:36 AM

In fact, there are not many people who achieve success without failure. I would even say that such people are an absolute minority. And this is always some kind of anomaly. I have more faith in people who have diverse experiences. After all, a person with diverse experience is wiser. Someone who is constantly lucky or has accumulated negative experience in a past life or has failures ahead of him. As for trading, negative experience is extremely necessary. After all, we are dealing with very important things. You have accumulated your capital for years through hired work, brought it to the stock exchange and... allow the market to take your capital away from you. If you are inexperienced, then the loss of your first small capital is rather good for you. This means you will learn not to lose much larger amounts.

Agreed. Failures teach us more than successes in our lives, and success achieved without any failure will barely make us experienced enough to do certain things. As it is said, failing to do something 1,000 times teaches you 1,000 ways to do that thing unsuccessfully, and that is a lot of experience.

Negative experience is important in all aspects of life. Some people are always afraid of failure but they shouldn't be, because failure doesn't make you get away from your dreams and goals but you keep working harder after each unsuccessful attempt.

In trading, failure makes you a stronger and more prominent trader in the long run, some people don't understand this but those who do, they manage to achieve their goals eventually.

gunhell16

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We all know that there is no successful person who has not gone through many failures in life. Everything needs to be endured; that's why you need to be strong or patient in order to be successful. There is no successful person who can say that he reached success without difficulty; there is no such thing.

If gold is passed through a furnace or fire to find out if it is really pure gold or not, then it is the same for our people to test who we truly are as human beings in this world.

Rengga Jati

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Success is always success. Whatever the result, when it is successful, it is something to be proud of and will not be meaningless. Because success is a result of all the processes we go through. No matter what the process is, sometimes there are those who fail, but sometimes there are also those who don't fail. This will all depend on the process we go through, our readiness, and how we explore and carry out the process. And of course it's not all easy.

However, it cannot be denied that many people succeed after experiencing failure several times. Even failure almost made them despair, but in the end they were able to continue everything optimally and achieve success. And successful people are those who can manage and create something better and optimal after experiencing such failure.

However, if it continues to fail, it means that there is something wrong with what we are doing, so there will be various evaluations at every step. And don't worry about failure, especially if we have a process and know the problem of our failure. Likewise in crypto business, nothing is easy. Whether you have failed or not, what is certain is that your business in crypto will not be easy either. So, carry out the process as optimally as possible.

goaldigger

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Quote from: |MINER| on March 21, 2024, 12:27:40 PM

Indeed, success in life cannot be understood without failure. In trading too there will be many failures followed by success and this success will seem too much. Trading is not easy. It takes a lot of time to learn. It takes a lifetime. But once you master it, you are successful. But you need to be very patient and hardworking. You need to know details about trading strategy. Market analysis should be learned. Learn to understand market conditions. You won't succeed immediately after doing everything. You may also experience failure.

Failure is always be part of every success and the story becomes better if there’s a failure along the way.
Expect that your crypto journey will not be that perfect as you may experience a hard time maximizing the market, though what’s important is that you are willing to learn and you are ready for the risk of the market.

stadus

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Quote from: ShowOff on March 20, 2024, 04:28:36 PM

Maybe it's true, without failure you will never be successful. Successful people have also failed, and even failed many times with different ideas before finally succeeding and pursuing it well.

Other things that may be the same are; People who can currently make hundreds of thousands of dollars from investing or trading may be those who have lost a lot of money in the process. It's simple, but of course the risks and rewards are worth it. So "Success is a meaningless word without failure", that's true.

Couldn't agree more. Where there are no failure, success is not possible. Because no man is perfect, we all commit mistakes and end up failing at some point, but as long as we continue to pursue our goals without signs of quitting, hence success will still be achieve in the future. A lot of successful people have limitless amount of failure, but they are brave enough to combat those failure until they find theirselves succeeding in the end. Faith and patience work, most especially in a volatile investment like bitcoin.

boty

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Quote from: Hamphser on March 21, 2024, 01:57:08 PM

When we do speak about success then this isnt something that you could be able to achieve that without passing those challenges or those hard situation and this is why it would really be better that you
should really be that preparing yourself into these challenges because if you do expect that you could achieve success without hardship then this is something impossible. Of course you would really be
needing to adjust accordingly on the time that you would be facing up some hardship and this is really just that a normal approach.

You cant really be able to make yourself reach out into this condition without any issues or problems. This is why it would really normal that challenges in life specially on business or investment
is there. There's no perfect on this world on which you can achieve success without issues? I dont think so.

What you say is very true, of course we have to be able to prepare ourselves for the challenges we will face and also with the various preparations we have prepared and also we don't know for sure the challenges we will face in the process we are going through so there needs to be adjustments. regarding the situations we will face and in the life we live, of course there will always be challenges that we have to face and of course this will make us develop more after we can overcome every challenge that exists.

crwth

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A lot is happening especially if you are engaging with the forum during the bull run, I think a lot of people discover more and more and research what they think would help them and I think it does help increase somewhat the engagement within the cryptocurrency space. Well, it's always going to be a challenge when you are trading because we cannot predict what's going to happen in the future.

I think what's important in trading is that you don't get hurt too much that it hinders you in trading. It's best to have a balance appetite with it. I do hope everyone would get a chance within the market now.

batang_bitcoin

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Quote from: Assface16678 on March 19, 2024, 06:51:16 PM

Quote from: batang_bitcoin on March 19, 2024, 06:39:42 PM

They don't really teach you how to trade because the main purpose of it is to let you experience how trading works. And when you're convinced that you can do it, that's when the urge to do some trades making you believe that you're confident going to win some of it.
But many of the first try outs are not going to be as good as what the demo account trader expects to see.

Exactly, demo accounts are meant for a trader to try out all he has learned; it's like you can do experiments or different things in order to see if your approach or skills are good enough without the fear of losing your funds as it is a demo account. Many bew traders ignore this feature and go straight to live trading, which is the result of their losses, but of courseyour approach or skills are good enough without the fear of losing your funds as it is a demo account. Many bew traders ignore this feature and go straight to live trading, which is the result of their losses, but of course you should not be too comfortable with demo trading as you might pick up a habit in a demo account and use it in a live account, which is not applicable, so balance it out. Make use of the demo trade for a while, maybe a month, you spend in the demo account for you to grasp, like you are really doing a live account. With that, you may attain a phase where you will be confident and also know what you will do in different situations

It's okay for those traders that ignores the demo accounts if they don't think that they don't have to go through with it and they just want to go straight into trading with real money. Because in the end, they'll have to do that eventually and can't stay longer to the demo accounts so that they can start it out with actual and live trading. That's where the real game starts when they start seeing their losses and gains because that is how they're going to feel how it is really like to trade.

Julien_Olynpic

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In fact, there are not many people who achieve success without failure. I would even say that such people are an absolute minority. And this is always some kind of anomaly. I have more faith in people who have diverse experiences. After all, a person with diverse experience is wiser. Someone who is constantly lucky or has accumulated negative experience in a past life or has failures ahead of him. As for trading, negative experience is extremely necessary. After all, we are dealing with very important things. You have accumulated your capital for years through hired work, brought it to the stock exchange and... allow the market to take your capital away from you. If you are inexperienced, then the loss of your first small capital is rather good for you. This means you will learn not to lose much larger amounts.

Topic: Success is a meaningless word without failure. - page 2. (Read 875 times)