The most difficult times - page 2. | Bitcointalksearch.org

taufik123

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Quote from: jeraldskie11 on December 19, 2023, 11:37:29 PM

-snip-
It's a great lesson to all new traders who really want to join mentorship that to verify first if the mentor is really profitable because they can't really guide you in your trading journey especially the bullish market is now starting. "How can you help others if you can't even help yourself?"

Verification is definitely needed and is the main requirement before choosing mentoring.
and also see how recommendations from others about the person who will be the mentor.
That way it will be clearer how the quality of the mentor chosen, not just teaching and of course must be able to trade and mentoring must be more expert.

Quote from: bitterguy28 on December 20, 2023, 12:13:10 AM

actually nowadays they come more expensive , there are mentorship offering online but the rate is really that much, My eldest son enrolled for 5 sessions and yes he needs to pay 200 dollars just for 1 hour mentorship for 5 days yet this is not a one on one session , instead comes with a group.

$200 is only for 5 meetings with 1 hour per session, quite expensive.
But is it comparable to the knowledge taught, and is he an expert mentor?
I can't guess about the standard mentor fee, but $200 is pretty expensive for me.

I didn't even have a mentor and was just self-taught from articles and some YouTube videos.
The most important thing is how seriously one learns and is consistent in what one wants to master,
and the flying hours of that trade also affect, it will form good trading emotions.

jeraldskie11

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Quote from: bitterguy28 on December 20, 2023, 12:13:10 AM

Quote from: jeraldskie11 on December 19, 2023, 11:37:29 PM

Quote from: taufik123 on December 19, 2023, 07:11:04 PM

Quote from: jeraldskie11 on December 19, 2023, 06:49:10 PM

mentors are just teachers who will direct how you trade.

Looking back at year 2021, when the bullish market started, there are lot of mentorship programs that were coming out. Honestly, if you don't have knowledge about trading and you wanted to learn trading you will get easily persuaded by mentorship program.

actually nowadays they come more expensive , there are mentorship offering online but the rate is really that much, My eldest son enrolled for 5 sessions and yes he needs to pay 200 dollars just for 1 hour mentorship for 5 days yet this is not a one on one session , instead comes with a group.

Quote

They didn't know that there are lot of mentors who can't really trade. You will only noticed that if you finished the mentorship and start trading. It's a great lesson to all new traders who really want to join mentorship that to verify first if the mentor is really profitable because they can't really guide you in your trading journey especially the bullish market is now starting. "How can you help others if you can't even help yourself?"

I am still waiting for the outcome as this is just the day starts , in 5 days wishing that my son will learn how to trade properly things that I am not good at Grin

$200 mentorship fee is quite expensive for a 5 session. I think it would be better if it's one on one mentorship so that the mentor can focus on his progress what he should really need to improve to be a better trader. I hope your son will gain a lot of knowledge with that sessions and I hope that all the lessons will be recorded so that he can re-watch if ever he forgot something important in their lessons. And also, you and your family members can benefit it.
My only advice for your son since he is just starting to learn trading is not to focus on the profit, always follow on the trading plan and the profit will follow.

bitterguy28

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Quote from: jeraldskie11 on December 19, 2023, 11:37:29 PM

Quote from: taufik123 on December 19, 2023, 07:11:04 PM

Quote from: jeraldskie11 on December 19, 2023, 06:49:10 PM

mentors are just teachers who will direct how you trade.

Looking back at year 2021, when the bullish market started, there are lot of mentorship programs that were coming out. Honestly, if you don't have knowledge about trading and you wanted to learn trading you will get easily persuaded by mentorship program.

actually nowadays they come more expensive , there are mentorship offering online but the rate is really that much, My eldest son enrolled for 5 sessions and yes he needs to pay 200 dollars just for 1 hour mentorship for 5 days yet this is not a one on one session , instead comes with a group.

Quote

They didn't know that there are lot of mentors who can't really trade. You will only noticed that if you finished the mentorship and start trading. It's a great lesson to all new traders who really want to join mentorship that to verify first if the mentor is really profitable because they can't really guide you in your trading journey especially the bullish market is now starting. "How can you help others if you can't even help yourself?"

I am still waiting for the outcome as this is just the day starts , in 5 days wishing that my son will learn how to trade properly things that I am not good at Grin

AnonBitCoiner

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Quote from: Tigerheart3026 on December 10, 2023, 01:54:56 PM

trading isn't so easy that an experienced person will only keep making profit in a certain time, it's not like that,
if you have 10 years experienced in trading but still there is a possibility that you will be big loses here,
newbie can holding bitcoin in long term it's absolutely batter than trading, but they started in altcoins,

An experienced trader can also loss money but the percentage of losses of experienced trader is less than that of unexperienced trader. If you have experience in trading then you can manage the circumstances well with the help of your strategies but if you have no idea that how to handle the hazardous situation and how to make money even don't know that which coin is better for to hold longer or to trade according to the market situation then you cannot take profit from trading.

If someone find that trading is not for them then they should invest amount in the coins with solid Foundation like that of Bitcoin and ethereum in which your loss will be minimum and if you are unable to use your strategies then hold it longer so when you find favorable condition and price is maximum to give you profit then sell it to overcome loss. Trading needs tough timing whereas investing needs just money and recognition ability of selling and buying beneficial coins.

jeraldskie11

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Quote from: taufik123 on December 19, 2023, 07:11:04 PM

Quote from: jeraldskie11 on December 19, 2023, 06:49:10 PM

mentors are just teachers who will direct how you trade.

Looking back at year 2021, when the bullish market started, there are lot of mentorship programs that were coming out. Honestly, if you don't have knowledge about trading and you wanted to learn trading you will get easily persuaded by mentorship program. They didn't know that there are lot of mentors who can't really trade. You will only noticed that if you finished the mentorship and start trading. It's a great lesson to all new traders who really want to join mentorship that to verify first if the mentor is really profitable because they can't really guide you in your trading journey especially the bullish market is now starting. "How can you help others if you can't even help yourself?"

ancafe

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Quote from: Barikui1 on December 09, 2023, 12:40:07 AM

Trading as a beginner or as an experience traders might gives us different results like the possible outcome of your trade base on your vast knowledge about the craft, but we should not forget that the work we put in even when we are blowing different account defines us.

Experienced people are more able to adapt to the trading they do because they are used to dealing with it, while beginners have no experience so it will be quite difficult for them to adjust. Trading is not as easy as imagined because it requires knowledge, experience and mental preparedness to carry it out.

Quote from: Barikui1 on December 09, 2023, 12:40:07 AM

In every business in life, knowledge about it and what it entails to succeed is always the key.
Someone that has been learning trading for years and someone that just jumped into the market base on the fact that he believes that trading is a get rich quick scheme can never be the same in terms of execution and vast knowledge of how to navigate his or her ways in the market to come out profitable.

Doing business requires capital and business knowledge and for trading requires knowledge about trading and capital too. Expectations must match abilities and there is no such thing as a get-rich-quick scheme for anyone involved in trading because we never know the level of volatility of the coins we are trading. Unfortunately, people get caught up in what people show, even though those who are rich in trading also go through many initial processes before finding wealth in the trading they carry out.

Dickiy

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Quote from: mirakal on December 19, 2023, 06:06:17 PM

But, no matter how difficult trading is, it can always be study and learned, so beginners have no reason to quit but to endure the difficulties in trading until one will find himself good enough to trade and combat losses. After all, mastery in trading do not just happen instantly, there's always a process that one should familiarize and mastered in the long run.

That is the main point that must be understood, there are those who succeed and not infrequently also fail, the question is if there are people who succeed well why do they have to fail? maybe one of the reasons that I would like to say is that those who fail are one of the people who are lazy to learn and do not want to struggle or even doubt themselves that they cannot be like other people who have succeeded because they feel that the journey of their involvement is too difficult.

Basically everything, especially in achieving success, there will always be a process that we have to go through, and the other question is whether we really have a strong determination or not to achieve it, it is still unknown because only they know about how serious they are in achieving their success. All the best things will always be produced by experience, someone will succeed when they can get up from failure or downturn and there will be no success if there is no process of difficulty in achieving it, simply put there is nothing instant like you said.

taufik123

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Quote from: jeraldskie11 on December 19, 2023, 06:49:10 PM

To become successful in trading doesn't mean you should spend a lot of time. There are traders who spent less than but can manage to be profitable. In my opinion, personalities and attitude is one of the key to succeed in trading. One of the best quality we need in trading is patience and discipline, if we don't have this then there's no good strategy. That's why some traders wondering if their mentors are really profitable because after the mentorship they can't manage to be profitable.

mentors are just teachers who will direct how you trade.
Success certainly depends on how well one learns trading and makes strategies that can be applied.

Success is not how one makes a lot of trades or trades using large capital and profit.
But how each strategy used is achieved and in accordance with what is expected.
Using a small amount of funds only as a lesson, the important thing is that trading goals can be achieved.

Patience and discipline will make trading run according to the rules that have been made so that no mistakes are too big.

jeraldskie11

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To become successful in trading doesn't mean you should spend a lot of time. There are traders who spent less than but can manage to be profitable. In my opinion, personalities and attitude is one of the key to succeed in trading. One of the best quality we need in trading is patience and discipline, if we don't have this then there's no good strategy. That's why some traders wondering if their mentors are really profitable because after the mentorship they can't manage to be profitable.

mirakal

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If we can trade just like how professional traders do it, then most likely it will gain the highest positive outcome. However, it's hard for beginners to act as if they are skilled and reputable traders when they are still learning the process to trade. That's the most difficult time in trading, assessing yourself if you are reliable to do it or just quit in the process while you are still not losing too much.

But, no matter how difficult trading is, it can always be study and learned, so beginners have no reason to quit but to endure the difficulties in trading until one will find himself good enough to trade and combat losses. After all, mastery in trading do not just happen instantly, there's always a process that one should familiarize and mastered in the long run.

Natalim

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It is just to say that we all have faced difficult times before making any success but despite how difficult it was we still have found a way out and break through it. Our mindset is one that urges us not to quit but if we are already in doubt, I was certain that it was impossible and this is what happened to most traders as they quit when experiencing losses.

If we are determined to reach our goal, nothing is impossible and we do everything in order to succeed. Success comes after hard work and perseverance.

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Quote from: Barikui1 on December 09, 2023, 12:40:07 AM

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The most difficult level in life generally is level one because that's where you put in the work, and during that time, you will see enough reason to quit more than enough reason to continue, because you are definitely going to blow up so many account while in the learning process, but the ability to continue learning and pressing forward even when things aren't going our way defines us. Nothing good comes easy, so if we must succeed in trading even as experience as we are, we must keep on putting in the work to learn more, so that we can be a better trader and reap the rewards of our work.

It makes sense. Because usually, how you will become next and how your success will be is determined by our beginnings. How do we start our trading business, how does the city start it with thorough preparation or not. Usually, sometimes people underestimate trading, because they think that trading is an easy thing. But the reality is not like that.

If we are serious about starting our trading with thorough preparation from various aspects, such as finances, knowledge, strategy, trading analysis, and also emotional and risk management, this will make our level 1 in trading quite good. rather than just prioritizing luck.

However, this practice is not only about how it started, but also its consistency and sustainability which will also have an influence.

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Quote from: kojektea on December 19, 2023, 03:11:27 PM

You are right. All of this is not easy, trading requires a lot of flying hours, even one or two trades does not make us immediately understand everything. we need more and more experience to really mature here. Trading is not just about making us rich quickly, it requires mature decisions in taking action as well as high flying hours and being prepared to take high risks too. I am quite sure that people who survive in trading are genuine business people who are not afraid of losses and have a lot of flying hours.

Sacrifices and hard work always present at first but the moment you are able to over come this, I’m sure you can tell easily how worth it your journey is and yes trading is not an overnight success because it will always take time. The process to become a good trader requires time and a lot of effort, there will be mistakes at first and many losses and if you will not give up, I’m confident that you’ll succeed in the right time.

kojektea

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You are right. All of this is not easy, trading requires a lot of flying hours, even one or two trades does not make us immediately understand everything. we need more and more experience to really mature here. Trading is not just about making us rich quickly, it requires mature decisions in taking action as well as high flying hours and being prepared to take high risks too. I am quite sure that people who survive in trading are genuine business people who are not afraid of losses and have a lot of flying hours.

stomachgrowls

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Quote from: Barikui1 on December 09, 2023, 12:40:07 AM

Trading as a beginner or as an experience traders might gives us different results like the possible outcome of your trade base on your vast knowledge about the craft, but we should not forget that the work we put in even when we are blowing different account defines us.

In every business in life, knowledge about it and what it entails to succeed is always the key.
Someone that has been learning trading for years and someone that just jumped into the market base on the fact that he believes that trading is a get rich quick scheme can never be the same in terms of execution and vast knowledge of how to navigate his or her ways in the market to come out profitable.

The most difficult level in life generally is level one because that's where you put in the work, and during that time, you will see enough reason to quit more than enough reason to continue, because you are definitely going to blow up so many account while in the learning process, but the ability to continue learning and pressing forward even when things aren't going our way defines us. Nothing good comes easy, so if we must succeed in trading even as experience as we are, we must keep on putting in the work to learn more, so that we can be a better trader and reap the rewards of our work.

Hardwork would always pays of and if you are that someone who do set out those kind of plans then you should really make yourself work hard because nothing would be progressive if you would really be remaining still
and it would really be just stagnant. You cant really expect on having a successful life if you wont move. This is why if the time you are deciding on touching up trading space then you should really that make yourself that get prepared on whatever the things that you might encounter and one of those would be blown up accounts and balance which i could say that it would be normal. There's no way on learning trading overnight
and if someone do promises you out in regarding on this one then its a scam.

Hovering yourself into a field on which you dont even know on what it is, then it would really be just that common sense on what are the things that you must do because if you
wont really be making yourself that sensible then you wont really be able to catch up on what are those things since from the start.
Dont expect that this one would really be a smooth journey and this should be always the thing that would put up into your mind.

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Quote from: cafter on December 19, 2023, 02:30:54 AM

You are right many newbies came in to trading because it's seems so simple, or youtubers influencers made it so simple and make huge profits.
Like they make videos where they say like this "see here we drawn a support line, from here to price will take support" and people see it and think oh wow this is trading? it's simple.
there is more to learn in trading, and we need to learn a lot to be profitable, or to not lose more.

All the professional and experienced traders that we see are also once a newbie and I think for once, they also have that " get-rich " mindset. That's normal for us people, and this is the reason why there are those influencers who talk about it, because they also knew that this is on the people's minds. They only fuel things up, especially if they are promoting something.

There are still people who won't easily believe on what they see, especially if it's already too good to be true. Indeed that trading is not easy as buying and selling, but I think drawing a support line is not a basic thing in trading. I don't even know how it work or look like, lol.

cafter

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You are right many newbies came in to trading because it's seems so simple, or youtubers influencers made it so simple and make huge profits.
Like they make videos where they say like this "see here we drawn a support line, from here to price will take support" and people see it and think oh wow this is trading? it's simple.
there is more to learn in trading, and we need to learn a lot to be profitable, or to not lose more.

gunhell16

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Quote from: Barikui1 on December 09, 2023, 12:40:07 AM

Trading as a beginner or as an experience traders might gives us different results like the possible outcome of your trade base on your vast knowledge about the craft, but we should not forget that the work we put in even when we are blowing different account defines us.

In every business in life, knowledge about it and what it entails to succeed is always the key.
Someone that has been learning trading for years and someone that just jumped into the market base on the fact that he believes that trading is a get rich quick scheme can never be the same in terms of execution and vast knowledge of how to navigate his or her ways in the market to come out profitable.

The most difficult level in life generally is level one because that's where you put in the work, and during that time, you will see enough reason to quit more than enough reason to continue, because you are definitely going to blow up so many account while in the learning process, but the ability to continue learning and pressing forward even when things aren't going our way defines us. Nothing good comes easy, so if we must succeed in trading even as experience as we are, we must keep on putting in the work to learn more, so that we can be a better trader and reap the rewards of our work.

It's not really easy to be successful here in crypto trading, and this is true because I experienced it; it took 2 years before I fully understood it. Trading in this industry field is not easy to understand. That's why others say that they understood it immediately after a few months; I don't believe that they understood it 100% immediately.

When it is said 100%, that means all the tool indicators you know how to use and you know where and how to use them correctly. There are still too many tool indicators for you to know them all. Everything needs to be really hard before we can truly understand it.

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Any beginner who has just started trading and has little experience will definitely have the most difficult time in this regard. In fact, before entering into trading, I personally learned some basic insights in trading and ways to analyze the market. But when I practice directly in trading on the market, it turns out that theory is sometimes different from reality. Many variations do not even exist in theory. But I have friends who are mentors for me. He watches my trades and guides me when I'm on the verge of getting FOMO or when I'm starting to get greedy. He made me disciplined in trading. And he always said that experience would teach me if I truly evaluated every step I took. And it turns out to be true that the most important thing is that we must not give up. And we must continue to correct every mistake we make. Theory can be learned easily. But it turns out that mental resilience in trading can only be obtained from the trading experience itself. The more experience we get, the stronger our mentality will be. Without a strong mentality, we could even get out of the trading plan that we have made ourselves. So emotional management in trading turns out to be important to learn too. Because it is all related to our mentality during trading.

GreatArkansas

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Quote from: Barikui1 on December 09, 2023, 12:40:07 AM

The most difficult level in life generally is level one because that's where you put in the work, and during that time, you will see enough reason to quit more than enough reason to continue, because you are definitely going to blow up so many account while in the learning process, but the ability to continue learning and pressing forward even when things aren't going our way defines us. Nothing good comes easy, so if we must succeed in trading even as experience as we are, we must keep on putting in the work to learn more, so that we can be a better trader and reap the rewards of our work.

Exactly. I can see this kind of experience in other people. Some people want to spoon-feed on them like they can't start with their ownself or initiate even small.
Because if you want 1 thing, you will start it from your self, you need to stand up and make the first step because no one else will do it for you.
Trading is difficult so, you need to be aware of this always even in the beginning.

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