Topic: The urge to quit - page 2. (Read 347 times)

Don't quit if you think that you'll be able to overcome the hardship of what you're going through in this market. If you have already done a lot of things and sacrificed a lot, you only have to look forward and learn the mistakes that you've ever committed in gaining knowledge how to trade. Honestly, trading isn't for everyone but if you're going that far and you really are eager to learn about it. You did the shortcut of taking class but there's no such as shortcut in learning how to trade because you need to gain experience. And with what motivates you right now, there's no sense to quit if you've invested that much already and I guess you've learned a lot already.

This is what you called perseverance. You risk some of your property just to enroll on a trading lesson and that's one thing a risk taker will ever decide in his life. Salute to you mate, not everyone have that courage and engagement to even sell soemthing valuable to learn on a trading.

I remember when CZ says he sold his house for Bitcoin or crypto then that's something shocking isn't it? Now where he is. Never quit, but learn to accept mistake if you ever encounter one.

I think you are having a hard time with trading but again you don't need to push yourself it's better every step you made there's a lesson learned and improvement, not all the time you need to pursue its better to take a break and think about it, there is a lot of traders makes a FOMO and this might not help them towards to their loss of trades. If you do not think trading is suitable for you why not try to hold or spot trading this is much safer than your expectations but the market is volatile still good to be conscious to your assets but unlike in trading futures you don't need to watch every time the market.

I guess I'm old enough to say that quitting is not always failing. Don't be afraid to quit. Sometimes, quitters are winners. Losers continue to stubbornly stick to what has been proven again and again as risky, unpredictable, unprofitable, and so on.

I used to study day trading as well, although I did not enroll in a formal trading class. I started following calls, making orders, setting price targets, and so on. Weeks turn to months to years. I was losing. I might have failed to study charting, technical analysis, and so on more deeply but what was a fact was that I was losing. I was thinking it was wiser to just HODL. Today, I can say with conviction that the day I quit forcing myself to make profit from trading was the day I made the right decision.

I used to collect seemingly promising altcoins as well, those ones which I believed would have a brighter future. I used to join ICOs, too. I used to wait for many projects to release their products and hit high demand for their respective tokens in the market. I quit from all these and saw especially years later that I was right.

They said the hardest part is when you are in the middle then if you feel that you are really struggling, persevere until you finish your goal. Don't just quit, imagine where you are before if you quit now you will be back again to your current situation before.

Remember, you wished/hope that you will be finished the classes after selling some properties.

Perseverance is much important when you want to achieve something in your life, I never advice you to take such risk of doing trades with the money you left and there is no other source of income but if you feel that is the only way then prepare yourself to face anything and everything.

Champions will never give up! so try to be a champ.

On your way to greatness, its only normal that you face a lot of huddles. Huddles so though that, it takes not just the string but the determined and those with a purpose to scale through. This is why we don't have so many great people today, ah mean, there could be a lot of names you can mention but they are still one out of many. The good thing is, that one solves the problem of the multitude.

So, you don't give up, never! When your faced with a challenge that is so tough and it seems to be above your strength and endurance,  you only have to try ones more, try  ones more again and try ones more and you would archive that which you seek. Keep being g motivated.

I remember reading once that it takes 10,000 hours of practice to really master a skill and think there is some truth to it. The exact amount of time doesn't really matter, but it's more about the long process and repeated application that it takes to learn something. That being said, in order to devote that much time of your life to a project or idea, it is important that you really enjoy it in the first place. It is also key that you're able to identify if you're just not going to make it and stop wasting any more time on it. There is no shame in admitting you're one of the 99.9% of people who cannot beat the odds.

It is definitely a personal decision, but you should not be afraid to give up part way through and stop pouring in money if you aren't starting to see a decent return. I've been to a professional conference hosted by some elite ex-bank stock market traders a couple years ago and even they will tell you day trading is for fools, they look for ideas that might turn around to make profit in 3 months time. While you might be able to find little niches, or even make money for short periods in lesser known markets, eventually high speed automated trading bots will take any perceivable profit available. Always remember that trading is a fast paced game and it is always evolving, what you're learning today might not be true tomorrow.

Don't quit but ensure you REEVALUATE everything.

If you're learning to trade, don't do it with an amount you value so much you'll keep checking it.

If you trade with 10%, it can still become 100% within 100 trades and from there you're just making profit on top of that... (Only 10% once you know what you're doing, you should start with even lower than that).

Also I'm not sure how much training can do for you, as long as they're able to teach fundamentals then they're probably alright but remember to use their strategies and training as inspiration for your own as markets change pace fast... And once enough people are trading a certain strategy, it no longer works.

It all started when I decided to learn about how to trade. things was very hard with me, I had to sell few of my property to enroll for trading class. I was fortunate enough to enroll with half payment. Things was very tough for me but I had this in mind that tough time don't last forever. Well the journey wasn't easy but I kept moving , I never quit . Even after joining this great forum I still know that getting to the top would take time, patient and hardwork .
even as newbie here, it is very important to know every champion has felt it, the urge to quit.
I'll never quit