Topic: The hard Truth (Read 1930 times)
A few people can day trade successfully but the only real winners at the end are the exchanges. They will rake in the profits no matter what, the markets can go up or down but it's still the same in their books. It's really just like gambling, the house will always win.
Maybe 90% of people who trade lose their funds but we cannot call them traders. Successful traders has winning edge against panic sellers and weak hands, emotional traders, no plan traders, non taking profit traders, "it will come back" -mentality traders, not taking loss traders.
They are traders even if they are losing their money, they are traders because they fit the definition, they are exchanging their money for an asset with the hopes that the asset they are buying goes up in value in the future, however while there are many traders there are very few professional traders, traders that can make a living out of their trading activity.
Maybe 90% of people who trade lose their funds but we cannot call them traders. Successful traders has winning edge against panic sellers and weak hands, emotional traders, no plan traders, non taking profit traders, "it will come back" -mentality traders, not taking loss traders.
All "trading experts" are disappeared right now, I guess they already lost their funds. I know they didn't get rich in short term trading crypto for sure, whatever they say!
Not all of them of course, they are few good traders who are still making good profit despite of their loses. Traders lose their funds if they don't know how to trade well, its very normal for a greedy person to lose money. A lot of people say this thing, 90% of traders lose their money but how sure they are? Maybe they just encourage people to invest long term but for me if you are making profit in trading go for it, don't listen to anyone. 
As with other businesses, crypto trading can improve the quality of oneself especially the economy and insight, if we can do it in the right way of course we can also improve the ability of competent socialization so that we're able to become personifications who are trusted and respected because it has high moral standards.
There are several things which can foster your enthusiasm for trading. For example through the biography of successful entrepreneurs, both from television media, radio, magazines, newspapers, and various other media which we can access to develop the spirit of trading that's in us. Through these various media, it turns out that everyone can learn and grow the spirit of trading.
This has somehow made me lose interest in learning to trade. Does this mean, that as a new trader or even the professionals have a marginal percentage of being successful in crypto trading? if your answer is no, then I guess there is rules or ethics you abide by that has made you successful in most of your trading.
There are several things which can foster your enthusiasm for trading. For example through the biography of successful entrepreneurs, both from television media, radio, magazines, newspapers, and various other media which we can access to develop the spirit of trading that's in us. Through these various media, it turns out that everyone can learn and grow the spirit of trading.
Throughout my trading education(self-learning) most contents I read or watch regarding crypto trading states it point blank that "about 90% of crypto traders lose their funds"in the cause of trading.
This has somehow made me lose interest in learning to trade. Does this mean, that as a new trader or even the professionals have a marginal percentage of being successful in crypto trading? if your answer is no, then I guess there is rules or ethics you abide by that has made you successful in most of your trading.
I would be glad if members could share with us some of their tips and guides they've adopted in trading. I think good submissions will be of help to most people in this forum.
Thanks in advance!
This has somehow made me lose interest in learning to trade. Does this mean, that as a new trader or even the professionals have a marginal percentage of being successful in crypto trading? if your answer is no, then I guess there is rules or ethics you abide by that has made you successful in most of your trading.
I would be glad if members could share with us some of their tips and guides they've adopted in trading. I think good submissions will be of help to most people in this forum.
Thanks in advance!
The market is red trading job is hard to earn profits in this time
Traders experiences loses at this moment specially those buying bitcoin and altcoins at ATH last year 2018
I advise to you do don't stop learning hiw ti become great traders for the cryptocurrency become better again
On the market state now, its possible that 90% of the traders actually lost in trading more likely if they become traders for a long time and acquire funds when the price is high. One thing is for sure. If that 90% of lost traders have faith in crypto and its value becomes high, those 90% becomes a successful ones.
The hard truth this is dilemma for most traders, specifically they are newbies. This is not really hard, we just need learn their platform and find any reviews o about them. If they have negative reviews I suggest leave them.
The reason why most traders fail is simply that they do not have the patience to become successful in this market, I have seen many people claiming that they have a successful strategy to beat the markets, but they trade huge amounts of money compared to the size of their capital and just a few losses are enough to destroy their capital and bankrupt them.
The hard truth this is dilemma for most traders, specifically they are newbies. This is not really hard, we just need learn their platform and find any reviews o about them. If they have negative reviews I suggest leave them.
Throughout my trading education(self-learning) most contents I read or watch regarding crypto trading states it point blank that "about 90% of crypto traders lose their funds"in the cause of trading.
This has somehow made me lose interest in learning to trade. Does this mean, that as a new trader or even the professionals have a marginal percentage of being successful in crypto trading? if your answer is no, then I guess there is rules or ethics you abide by that has made you successful in most of your trading.
I would be glad if members could share with us some of their tips and guides they've adopted in trading. I think good submissions will be of help to most people in this forum.
Thanks in advance!
The facts that you are giving apply not only to trading cryptocurrencies it also applies to any form of trading, most people that trade have to lose, that is just the way it is, the profits need to come from somewhere right? And every single person in the market is trying to obtain profits, so only the most talented traders have any chance to make money in this market, so only start trading once you're ready and not before. This has somehow made me lose interest in learning to trade. Does this mean, that as a new trader or even the professionals have a marginal percentage of being successful in crypto trading? if your answer is no, then I guess there is rules or ethics you abide by that has made you successful in most of your trading.
I would be glad if members could share with us some of their tips and guides they've adopted in trading. I think good submissions will be of help to most people in this forum.
Thanks in advance!
All "trading experts" are disappeared right now, I guess they already lost their funds. I know they didn't get rich in short term trading crypto for sure, whatever they say!
Throughout my trading education(self-learning) most contents I read or watch regarding crypto trading states it point blank that "about 90% of crypto traders lose their funds"in the cause of trading.
This has somehow made me lose interest in learning to trade. Does this mean, that as a new trader or even the professionals have a marginal percentage of being successful in crypto trading? if your answer is no, then I guess there is rules or ethics you abide by that has made you successful in most of your trading.
I would be glad if members could share with us some of their tips and guides they've adopted in trading. I think good submissions will be of help to most people in this forum.
Thanks in advance!
This has somehow made me lose interest in learning to trade. Does this mean, that as a new trader or even the professionals have a marginal percentage of being successful in crypto trading? if your answer is no, then I guess there is rules or ethics you abide by that has made you successful in most of your trading.
I would be glad if members could share with us some of their tips and guides they've adopted in trading. I think good submissions will be of help to most people in this forum.
Thanks in advance!
Actualy everythings now could feel loosing's even if you are much expert about trading investment,even your a beginner or not because markets is still down now and everythings in the markets is still struggle,thats why giving a tips or guidance from those expert is not so accurate even,they teach you fundamental analysis about cryptocurrency,because everythings still recovered to maintain the stability form and wait the bullish market.
I think for people who learn to trade, it's easy to give up and learn from mistakes, with the amount of time you spend on trading your skills will increase, even better if you study with friends or someone who understands more about trading
Throughout my trading education(self-learning) most contents I read or watch regarding crypto trading states it point blank that "about 90% of crypto traders lose their funds"in the cause of trading.
This has somehow made me lose interest in learning to trade. Does this mean, that as a new trader or even the professionals have a marginal percentage of being successful in crypto trading? if your answer is no, then I guess there is rules or ethics you abide by that has made you successful in most of your trading.
I would be glad if members could share with us some of their tips and guides they've adopted in trading. I think good submissions will be of help to most people in this forum.
Thanks in advance!
This has somehow made me lose interest in learning to trade. Does this mean, that as a new trader or even the professionals have a marginal percentage of being successful in crypto trading? if your answer is no, then I guess there is rules or ethics you abide by that has made you successful in most of your trading.
I would be glad if members could share with us some of their tips and guides they've adopted in trading. I think good submissions will be of help to most people in this forum.
Thanks in advance!
It's part of trading to lose, regardless if you're professional or newbie. Outside the crypto, those businesses that falls and gets bankrupted. There are some emotional decisions out there although it isn't just all about emotions that leads to losses. It is the economy, exactly. I had put some emotions but would likely avoid it in case of me gaining much that of losses. The losses are pretty much unavoidable just like how risks does. You can reduce them, just like the typical strategy of sprinkling your fiat money to other coins.
Traders have different styles in trade. Some traders to get a lot money and later they sell without results. Another traders have a stability and to get smaller money. The % luck not exist. Only ability and diligence.
Cryptocurrency is a volatile sector and this makes alot of traders lose their money in this market. This is why you need to learn the basics of cryptocurrency and how it works and probably invest your resources after your research and hold it for the longer term
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your chance in trading is 50 : 50 so if you easily give up how you become a winner, even the great trader not always win, sometime they lose.
if you think you can be trader never losses, i think that impossible.
if you think you can be trader never losses, i think that impossible.
the problem is we cannot face the loss and we only want to get profit which is impossible especially if the market is falling. but we still have a chance to make a profit even for a small profit IF we do not give up from trading and we still have the balance to trade. but if we don't have another balance, then maybe it's the time for us to take a break for a while until the market can back to normal again. I am sure that there will be a time for us to see the market increase again so don't worry and never give up.
Not all the time you can earn a goods amount of income or profit in this business because of the scammers or hackers that spreads out to achieve their own aim with bad effects to the investors.
Sometimes it's difficult to express the truth in one situation, a lot of people who can't reveal the truth because there is fear itself,
Whatever it is, once the truth is, it is always difficult, but patience is the key
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