The pressure,fear and indecisiveness that comes with trading. - page 3.

Silberman

legendary

Activity: 2534

Merit: 1338

Quote from: SamReomo on July 01, 2024, 10:25:07 AM

Very true, no trader born as a trader everyone of those learnt it after doing it practically for many years. Trading is not a skill that someone learns within a month or year, it's a skill that requires time, patience, and consistent practice of many years.

I've been a crypto trader since 2016 and I was into forex and other types of trading before it and I can say that one can't be a good trader within a month or years because those who make some profits in first month or first year aren't good traders but lucky guys and when their luck stops favoring them then they continuously lose money in trading.

If someone wants to be a part then that person should keep in his/her mind that trading isn't a child's play and it's way tough when volatility is high. One should give proper time to learn trading, technical analysis, and research in order to make some money or a fortunate as a trader. And that thing can sometimes take years of practice and control over ones emotions.

Lamentably, there are many people that believe otherwise, they think about trading as an easy way to get rich and with little effort, not realizing that trading is incredibly difficult to do it right, since you are competing against traders all around the world, and you need to be incredibly competent in order to beat them, so once those people try to trade they get frustrated by the level of difficulty they have to face, and that is when they try to find signals or pump and dump groups and they get themselves scammed by those people.

ShowOff

legendary

Activity: 2618

Merit: 1181

Quote from: GreatArkansas on June 30, 2024, 10:24:32 PM

Quote from: Pressurizedem on June 22, 2024, 01:24:11 AM

(....)
Moreover,so many persons are scared away because of the pressure and fear that accompanies trading,but they need to go back and rethink,make up their mind,and come back to trading because with time,they will get to know the modus Operandi of trading,and how it works.

Experience is the best teacher here. Because everything you will learn along the roads. Practice and experience and proper education and knowledge.
Every successful trader started where you are now. With time, persistence, and continuous learning, you can develop your trading skills and confidence, just trust the process.

I thought that was wise advice for him, GreatArkansas. We all know that it is impossible to become big on the first day, of course we need to study, observe and analyze until we gain knowledge and experience. Trading cannot always be expected to provide profits for every trader, so they also need to try anticipatory strategies so as not to lose all their money. How long or quickly a trader learns depends on his interest and consistency, but sometimes it is also influenced by his fragile mentality.

Zadicar

legendary

Activity: 1386

Merit: 1020

DGbet.fun - Crypto Sportsbook

Quote from: SamReomo on July 01, 2024, 10:25:07 AM

Quote from: GreatArkansas on June 30, 2024, 10:24:32 PM

Every successful trader started where you are now. With time, persistence, and continuous learning, you can develop your trading skills and confidence, just trust the process.

Very true, no trader born as a trader everyone of those learnt it after doing it practically for many years. Trading is not a skill that someone learns within a month or year, it's a skill that requires time, patience, and consistent practice of many years.

I've been a crypto trader since 2016 and I was into forex and other types of trading before it and I can say that one can't be a good trader within a month or years because those who make some profits in first month or first year aren't good traders but lucky guys and when their luck stops favoring them then they continuously lose money in trading.

If someone wants to be a part then that person should keep in his/her mind that trading isn't a child's play and it's way tough when volatility is high. One should give proper time to learn trading, technical analysis, and research in order to make some money or a fortunate as a trader. And that thing can sometimes take years of practice and control over ones emotions.

Or simply, we do all starts on being a noob on which it would really be just that normal that there would really be things in life that we dont really know and on the moment that we do start up on dealing with it
then of course we would really be starting on the bottom on which there's no way that you could really be able to tell on what would be the results considering that we are just new on which we are really that prone to tons of mistakes and errors, but just as been said that this is the only way that we would really be able to learn up new things on which having that kind of engagement on which this is something that all of us would really be that experiencing it out along the way. Being that having those pressure,fear and anxiety etc.. Then it would be normal since we are just humans that dont like to lose money.

If you are someone whose really that not wanting to take up some risks on learning something new or skills then you wont really be that progressive and you wont really be seeing any
betterment when it comes to skills on which we know that experience would really be always the main key for you to reach out such condition.

SamReomo

hero member

Activity: 784

Merit: 672

Top Crypto Casino

Quote from: GreatArkansas on June 30, 2024, 10:24:32 PM

Every successful trader started where you are now. With time, persistence, and continuous learning, you can develop your trading skills and confidence, just trust the process.

Very true, no trader born as a trader everyone of those learnt it after doing it practically for many years. Trading is not a skill that someone learns within a month or year, it's a skill that requires time, patience, and consistent practice of many years.

I've been a crypto trader since 2016 and I was into forex and other types of trading before it and I can say that one can't be a good trader within a month or years because those who make some profits in first month or first year aren't good traders but lucky guys and when their luck stops favoring them then they continuously lose money in trading.

If someone wants to be a part then that person should keep in his/her mind that trading isn't a child's play and it's way tough when volatility is high. One should give proper time to learn trading, technical analysis, and research in order to make some money or a fortunate as a trader. And that thing can sometimes take years of practice and control over ones emotions.

Hamza2424

legendary

Activity: 966

Merit: 1042

#SWGT CERTIK Audited

Quote from: Pressurizedem on June 22, 2024, 01:24:11 AM

Moreover,so many persons are scared away because of the pressure and fear that accompanies trading,but they need to go back and rethink,make up their mind,and come back to trading because with time,they will get to know the modus Operandi of trading,and how it works.

So OP, do you think those who don't consider trading a reliable and profitable skill in their zone, need to reconsider trading? Why do you think they need to do that there can be many reasons to avoid trading, lack of knowledge, high risk. Also what I think is trading is not for everyone, only those who have some skills and determination should try trading.

There's no doubt it's a stressful job if you are a newbie, and that really not reliable because market psychology is something in which even sometimes experienced traders get trapped.

Abbatty

full member

Activity: 102

Merit: 21

Quote from: Pressurizedem on June 22, 2024, 01:24:11 AM

Trading has always had it ups and downs,but you come to realize that those ups and downs are what really makes trading interest and unpredictable,this is the reason why before one becomes a trader,he should try to see the risks of it and the good side of it because if he rushes into it without making some research about it,knowing the right things to do,it will down on him at the zero zero hour.
Moreover,so many persons are scared away because of the pressure and fear that accompanies trading,but they need to go back and rethink,make up their mind,and come back to trading because with time,they will get to know the modus Operandi of trading,and how it works.

A lot of people can’t take the pressure and so they are in constant fear of not losing their money this fear is what causes the downfall of many traders. As you go into trading you are expected to have at least basic knowledge about it so you know what to expect and how it works, the uncertainty of trading and the risk associated with it and prepare yourself towards overcoming all the pressure and fear towards becoming a successful trader. It also requires being mentally prepared for the ups and downs of trading and those you think they are incapable should not risk their money to trading. Some will see that it’s quite profitable but it also carries same level of risk as the profits one can make.

GreatArkansas

legendary

Activity: 2506

Merit: 1394

Quote from: Pressurizedem on June 22, 2024, 01:24:11 AM

(....)
Moreover,so many persons are scared away because of the pressure and fear that accompanies trading,but they need to go back and rethink,make up their mind,and come back to trading because with time,they will get to know the modus Operandi of trading,and how it works.

Experience is the best teacher here. Because everything you will learn along the roads. Practice and experience and proper education and knowledge.
Every successful trader started where you are now. With time, persistence, and continuous learning, you can develop your trading skills and confidence, just trust the process.

Ndabagi01

sr. member

Activity: 784

Merit: 306

Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: Pressurizedem on June 22, 2024, 01:24:11 AM

Trading has always had it ups and downs,but you come to realize that those ups and downs are what really makes trading interest and unpredictable,this is the reason why before one becomes a trader,he should try to see the risks of it and the good side of it because if he rushes into it without making some research about it,knowing the right things to do,it will down on him at the zero zero hour.

Firstly, the reason why people join trading is to earn a lot of money they think they can’t get when they try other skills. Just sitting at home and looking and analysing chats, then placing a trade looks easy until you decide to try it out with your real money. It ain’t easy as it sounds to the mouth when entice with the profits you can get from trading. The advantages is there, but try as much as possible to minimize encountering the disadvantages. With that, you’ll be encouraged to move on that path and not angry away not to continue trading.

Quote

Moreover,so many persons are scared away because of the pressure and fear that accompanies trading,but they need to go back and rethink,make up their mind,and come back to trading because with time,they will get to know the modus Operandi of trading,and how it works.

I just feel if you’ve made up your mind to learn and achieve greatness in something, you should expect a lot of hurdles that will make you feel not to continue. Your ability to beat them and continue in order to be successful in that path is what matters the most. If you give up, those obstacles that are meant to deviate you and make you stronger would win against you. Trading is not easy, know that before you start and the rewards is beautiful, get there before you say otherwise.

YOSHIE

legendary

Activity: 2128

Merit: 1775

Quote from: Pressurizedem on June 22, 2024, 01:24:11 AM

The pressure,fear and indecisiveness that comes with trading.

Why does this all happen, because they don't have the knowledge to trade in the crypto market, crypto trading can't be done just by reading or listening to other people.

The first time I traded, I also experienced the same thing, doubts, fear and so on, I definitely wouldn't get good results, if I continued to force myself to carry out trading activities, However, after several crypto trading experts carried out and provided guidance and guidance, I naturally found that over time I found my courage and fear disappeared when trading crypto.

Try to have several crypto trading experts accompany and control you when you are in crypto trading, from that experience you will gain an identity for the courage to trade, remember, whatever we do we have to learn, don't imitate, teachers are the key to someone's success in crypto trading.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: Russlenat on June 29, 2024, 06:49:43 PM

You know it's normal for some activities like trading that gives out fast and instant large profits also associated with high risks and big losses, that's something that you have to break first so you can end up trading profitably. Otherwise, if you are beaten by those fears, risks and pressures in the first place, then I tell, you have no place in trading and trading will never be profitable for you.

Huge profits and high risks can burn down a trader quickly once a big losses happens. That is similar to gambling with altcoins on day trading. I usually advice people to not get down into those. Long term holding for BTC is much safer, even if being traded actively, much safer than altcoins. However this comes with practice and there is no hard and fast rule to trading. You just buy at the low and sell at the high, identifying when to do that is far more important.

You do get beaten by the things surrounding trading, at times its better to step away from it. Trading is not for everyone.

Pandu Geddon

hero member

Activity: 826

Merit: 583

Quote from: Russlenat on June 29, 2024, 06:49:43 PM

You know it's normal for some activities like trading that gives out fast and instant large profits also associated with high risks and big losses, that's something that you have to break first so you can end up trading profitably. Otherwise, if you are beaten by those fears, risks and pressures in the first place, then I tell, you have no place in trading and trading will never be profitable for you.

fear and doubt in trading certainly shows that the trader is actually not ready to start trading. There is still a lot for novice traders to learn before starting their trading. trading is not as simple as buying and selling at a profit. they see the risks, and the effort that beginners must make in trading is to keep the risks to a minimum.

no trade will always be profitable, but there are efforts to minimize losses so that trader development also increases. Once again, if you are not ready to trade, then don't rush to start trading without any knowledge. Trading is not a gamble that depends on luck.

shinratensei_

legendary

Activity: 3276

Merit: 1029

Leading Crypto Sports Betting & Casino Platform

Quote from: Russlenat on June 29, 2024, 06:49:43 PM

You know it's normal for some activities like trading that gives out fast and instant large profits also associated with high risks and big losses, that's something that you have to break first so you can end up trading profitably. Otherwise, if you are beaten by those fears, risks and pressures in the first place, then I tell, you have no place in trading and trading will never be profitable for you.

Yeah the risk is what make trading could pump out some big profit for the people that are keen and smart enough to get the advantage.
trading is basically like exploiting the weakness of the market and try to profit off it, pretty sure something like that requires so many intelligence for people to actually pull it off though arguably trading also depends on luck on so many occasions but can't deny the people that make it big are the people that know what they are doing.

this poll below to be honest, speaks a lot about what trading really is from the perspective of profit generation, even though i'm pretty sure this poll doesn't reflect the state of trader profitability in actual scenario.

Russlenat

hero member

Activity: 2716

Merit: 904

You know it's normal for some activities like trading that gives out fast and instant large profits also associated with high risks and big losses, that's something that you have to break first so you can end up trading profitably. Otherwise, if you are beaten by those fears, risks and pressures in the first place, then I tell, you have no place in trading and trading will never be profitable for you.

Issa56

hero member

Activity: 1484

Merit: 928

Quote from: Pressurizedem on June 22, 2024, 01:24:11 AM

Trading has always had it ups and downs,but you come to realize that those ups and downs are what really makes trading interest and unpredictable,this is the reason why before one becomes a trader,he should try to see the risks of it and the good side of it because if he rushes into it without making some research about it,knowing the right things to do,it will down on him at the zero zero hour.

If you want to be a trader, then the first thing is to accumulate knowledge about trading. We are not even supposed to be deceived by the videos that we watch online, most of the videos on YouTube and other social media claiming trading is really easy are just fake. They created the videos just for their own selfish interests, but if I will be honest, trading is not really easy, and it requires constant learning and practicing if you want to be a professional trader.

If you think trading is so easy and you don’t learn the appropriate things that you are supposed to learn, don’t be surprised that every money you deposit and plan to trade with might be lost. So don’t be in a rush to trade, we are supposed to be in a rush to accumulate knowledge.

Dewi Aries

legendary

Activity: 2716

Merit: 1092

Leading Crypto Sports Betting & Casino Platform

In some cases, traders often fail in trading due to coming too hastily, which in the end they just waste money and time, like those who are motivated by the success achieved by other people, but their biggest mistake is yes. as you said OP, they don't do research first to understand trading as a whole by looking at the positive and negative sides, where by first doing research like this, they will be able to evaluate and measure themselves about whether they will be able to or not. .

Basically trading is an activity that can never be predicted accurately, because the market will continue to run and create various new things which if you don't study seriously then it is possible for you to end up being fooled and becoming a victim of market fluctuations. which is significant. So in essence, if you really want to get involved in the world of trading and have a dream of becoming a successful trader, then there is no reason for you not to learn the various new things that you get, and the most important advice is to do research first from the start about whether you whether or not you will be able to go through all the difficult processes, your decision must be truly rational.

Zadicar

legendary

Activity: 1386

Merit: 1020

DGbet.fun - Crypto Sportsbook

Quote from: justdimin on June 28, 2024, 07:14:54 AM

Quote from: Assface16678 on June 26, 2024, 05:52:04 PM

There will always be a disadvantage to everything, and in trading, one of them is that when you do a demo account, you might bring something you are not supposed to bring in an actual account. I mean, you are right, those who practice and become familiar with demo accounts should adjust what they are doing in demo accounts because, in demo accounts, you will not feel the pressure or fear of losing money. But what if you also feel that way in live accounts? Then that could be a bad thing, so when trading in demo, those traders should treat it as live trading; they should feel the pressure and fear of losing the trade even if in a demo account. In that way, they will also become familiar with what it feels like to trade in actual. The movement in demo trading is the same as in actual trading, so in that way, you will be more familiar with how the market you want to trade in works.

People should, but people won't. They will be a lot more fearless when they are using demo, and some of them will get lucky by making some wild trades, and make a huge profit. Then, those same people will think that they can do the same at the real thing, and will try their chance, and instead they are going to end up with a lot of loss.

Demo trading should be acted like it's the real thing but we are not seeing people acting like that very frequently, that is the problem and I think it will keep being the problem as well. I think the reality is that we should consider the situation being very careful and very risky, we can't really make it work any other way. Demo can't be considered just like the real thing, it's that simple.

Demo are just good for familiarization but its not really that good if we do speak about enhancing up yourself when it comes to emotion aspect on which same as you said that people would really be that fearless
because the thing that would be on their mind is that they arent losing something since its really just that free money. This is something that will really be instilling into their minds and on the moment that they would really be making out some positions or entries then they wont really be that much in serious mode because they do know that they arent risking something on which it would really be that totally different on the moment that you would really be using up that real money. You would really be able to tell the difference in between conditions on which it would really be better that you do tend to start up on dealing with
real balance because you would really be that careful on every step that you would be making. Although this one wont really be still guarantee that you wont be losing but at least you would really be that
serious on what are the actions you've been making unlike when using up with some demo funds into your account balance.

justdimin

hero member

Activity: 3206

Merit: 678

www.Crypto.Games: Multiple coins, multiple games

Quote from: Assface16678 on June 26, 2024, 05:52:04 PM

There will always be a disadvantage to everything, and in trading, one of them is that when you do a demo account, you might bring something you are not supposed to bring in an actual account. I mean, you are right, those who practice and become familiar with demo accounts should adjust what they are doing in demo accounts because, in demo accounts, you will not feel the pressure or fear of losing money. But what if you also feel that way in live accounts? Then that could be a bad thing, so when trading in demo, those traders should treat it as live trading; they should feel the pressure and fear of losing the trade even if in a demo account. In that way, they will also become familiar with what it feels like to trade in actual. The movement in demo trading is the same as in actual trading, so in that way, you will be more familiar with how the market you want to trade in works.

People should, but people won't. They will be a lot more fearless when they are using demo, and some of them will get lucky by making some wild trades, and make a huge profit. Then, those same people will think that they can do the same at the real thing, and will try their chance, and instead they are going to end up with a lot of loss.

Demo trading should be acted like it's the real thing but we are not seeing people acting like that very frequently, that is the problem and I think it will keep being the problem as well. I think the reality is that we should consider the situation being very careful and very risky, we can't really make it work any other way. Demo can't be considered just like the real thing, it's that simple.

uswa56

full member

Activity: 882

Merit: 211

Quote from: Awaklara on June 27, 2024, 02:53:53 PM

I think a person's psychology would be difficult to arrange like that. Newbie traders who are not familiar with the exchange interface try their demo account to get familiar with the exchange. as well as try out their newly learned trading strategies without the risk of losing money.
What a beginner must achieve before trying to trade on their real account is readiness. Never try to trade if you are not ready. although we know, most beginners have high interest and want to quickly make their trades. but that is the kind of trait that beginners must overcome before starting to trade.

There's nothing wrong with trading on a demo account to get to know the stock exchange better and this also won't help us if we can't stop ourselves from being greedy for the real trades that will be made, so it's important for us when we're trading to still be able to introduce ourselves. We also always carry out analysis before making decisions on trading because without us doing analysis, of course we only hope that luck will be on our side to make a profit and in trading it is of course very unlikely that we will be able to get good results on the trades we make.

You are right, as a beginner of course they must first prepare themselves both in knowledge and also mentally strong so that they never give up on what they have started of course they must be able to get good results from the trades they make and from trading of course Of course it requires a process that is not short, of course it requires a process to be able to gain profits and only as people can survive so that they can get the results according to their wishes.

EL MOHA

sr. member

Activity: 602

Merit: 295

Quote from: Awaklara on June 27, 2024, 02:53:53 PM

I think a person's psychology would be difficult to arrange like that. Newbie traders who are not familiar with the exchange interface try their demo account to get familiar with the exchange. as well as try out their newly learned trading strategies without the risk of losing money.

If you ask most profitable traders today about the secret to success they will tell you that it is the ability to control your emotions while trading. Trading psychology is like 70% of what a good trader needs and the skills should be 30%. Many people can have vast knowledge but the trading psychology to control one’s emotions will be lacking. That’s why you see some traders cutting loses and the trades later going there way.

There is nothing wrong in been fearful about a thing but once you conquer the fear even during its bad times or losses you will still not be afraid. One important lesson to take to conquer your fear in trading is to have a proper risk management. When you have the risk management like position sizing you will be able to control your emotions. Your psychology is also perfected when you adhere strictly to your trading principles.

Awaklara

hero member

Activity: 1246

Merit: 699

Quote from: Assface16678 on June 26, 2024, 05:52:04 PM

so when trading in demo, those traders should treat it as live trading; they should feel the pressure and fear of losing the trade even if in a demo account.

I think a person's psychology would be difficult to arrange like that. Newbie traders who are not familiar with the exchange interface try their demo account to get familiar with the exchange. as well as try out their newly learned trading strategies without the risk of losing money.
What a beginner must achieve before trying to trade on their real account is readiness. Never try to trade if you are not ready. although we know, most beginners have high interest and want to quickly make their trades. but that is the kind of trait that beginners must overcome before starting to trade.

Topic: The pressure,fear and indecisiveness that comes with trading. - page 3. (Read 1012 times)