Topic: Success is a meaningless word without failure. - page 4. (Read 787 times)

The forum has been very interesting since the bull run started because there are so many positive confessions by so many of us here about how the price of bitcoin has gladdened their hearts positively.

However, I decided to put up this topic because while exploring the forum i saw so many complaints about trading , many have lamented that they have lost a lot of money trying to trade, some also said that they are good in demo accounts but while trying to trade with their real accounts they end up losing money and some also said that they bought so many courses online and that they learnt how to trade yet they are afraid of losing their small capital , so the question here now is 'who is ready for failure while everyone wants to be successful'?

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.   


     

The forum has been very interesting since the bull run started because there are so many positive confessions by so many of us here about how the price of bitcoin has gladdened their hearts positively.

However, I decided to put up this topic because while exploring the forum i saw so many complaints about trading , many have lamented that they have lost a lot of money trying to trade, some also said that they are good in demo accounts but while trying to trade with their real accounts they end up losing money and some also said that they bought so many courses online and that they learnt how to trade yet they are afraid of losing their small capital , so the question here now is 'who is ready for failure while everyone wants to be successful'?

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.

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.   

In any success story their must be tales of failure within it . Most great people people in the world didn't become successful in a day most have to go through difficult parts before coming out successful .The Funny part is that many can withstand failures along the way and they still expect success in a haste how can that be ever possible.

However, I decided to put up this topic because while exploring the forum i saw so many complaints about trading , many have lamented that they have lost a lot of money trying to trade, some also said that they are good in demo accounts but while trying to trade with their real accounts they end up losing money and some also said that they bought so many courses online and that they learnt how to trade yet they are afraid of losing their small capital , so the question here now is 'who is ready for failure while everyone wants to be successful'?
   

However, I decided to put up this topic because while exploring the forum i saw so many complaints about trading , many have lamented that they have lost a lot of money trying to trade, some also said that they are good in demo accounts but while trying to trade with their real accounts they end up losing money and some also said that they bought so many courses online and that they learnt how to trade yet they are afraid of losing their small capital , so the question here now is 'who is ready for failure while everyone wants to be successful'?

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

The forum has been very interesting since the bull run started because there are so many positive confessions by so many of us here about how the price of bitcoin has gladdened their hearts positively.

However, I decided to put up this topic because while exploring the forum i saw so many complaints about trading , many have lamented that they have lost a lot of money trying to trade, some also said that they are good in demo accounts but while trying to trade with their real accounts they end up losing money and some also said that they bought so many courses online and that they learnt how to trade yet they are afraid of losing their small capital , so the question here now is 'who is ready for failure while everyone wants to be successful'?

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.   


     

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.

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.        

Demo account is totally a different ball game from real account. When emotions comes to play, everything changes. It is safe to assume that demo accounts do not actually teach how to trade.

I like your opinion about success is nothing without failure because you can’t experience the feeling of being successful without knowing how failure feels like.

The only opinion that caught my attention is the quoted statement above. I believe that experience is the best teacher but not to the point that you will need too many losses before you learn because there’s an obvious wrong on the method you are doing if you keep losing, this time surrendering trading is acceptable because not all people have the mind tailored for trading. You will just incur more losses if you still keep trading despite you don’t understand how it works no matter how hard you try on learning it.

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.