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Topic: THINGS THAT CAN'T BE TAUGHT IN TRADING - page 3. (Read 1004 times)

full member
Activity: 1330
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June 06, 2020, 10:08:16 AM
#25
Other people experience, we can easily learn what other people strategy and we can choose the strategy that suitable for our fashion and finally we can use it as our strategy. But we can't learn someone else's experience, I mean if someone else has a bad experience like he found a lot of lost or he get a lot of profit we can't achieve if we learn it. It should be different with us especially for newbies traders who still find a lot of information about trading. Don't look with what other people get in their trading, just focus on ourself because we can make it better.
hero member
Activity: 1806
Merit: 720
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June 06, 2020, 09:45:12 AM
#24
Not all traders have the same strategy. Everyone has a different strategy and creates it so that he is different from others. No one can guarantee that you can make a profit using this strategy. By watching the video you will be able to gain knowledge about trading which will teach you discipline. For traders to gain in-depth knowledge about trading through videos and various courses. Your discipline is the most important part of trading. Traders who trade emotionally are actually greedy, causing losses in the market due to their greed.
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June 06, 2020, 09:12:01 AM
#23
Actually,special treatment to people  is a real asset to become a great investors and you must be alluring ,respectable and calmly through your own site and  figure .you need to dance according to the  tune I think this simple taught will bring yourself to become as one of the most richest people in the middle.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
June 06, 2020, 02:28:28 AM
#22
So I realized there are so many things that can't be taught in trading.

One major thing I know can't be taught is the psychological aspect of trading.

No matter the number of videos you watch on this, you need to learn your psychology by Yourself! This is just a fact!

What other things can't be taught in trading?


One important thing that can't be taught is PATIENCE
A crypto trader definitely needs patience so that he can execute his strategy with a calm mind and gain profits.
Many traders don't really have the patience and end up losing their money.
Though we keep on saying you need to be patient there are very few who actually listens.
Patience can't be thought it's something that we have to achieve by ourselves.
sr. member
Activity: 756
Merit: 256
HEX: Longer pays better
June 06, 2020, 01:09:00 AM
#21
So I realized there are so many things that can't be taught in trading.

One major thing I know can't be taught is the psychological aspect of trading.

No matter the number of videos you watch on this, you need to learn your psychology by Yourself! This is just a fact!

What other things can't be taught in trading?


In addition to trading psychology, we also have "discipline". You know, each of us are born with different personalities. therefore, it is a crime to impose discipline of one person as a person. I think we should learn a lot about indicators and how to manage capital. When we have enough background knowledge, we will trade with a small amount of money to practice psychology and discipline. That would be the best way to become a professional trader.
sr. member
Activity: 602
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HEX: Longer pays better
June 06, 2020, 12:54:34 AM
#20
So I realized there are so many things that can't be taught in trading.

One major thing I know can't be taught is the psychological aspect of trading.

No matter the number of videos you watch on this, you need to learn your psychology by Yourself! This is just a fact!


yes, the psychology of everyone is different and we can't understand the communication of those who came before. I also had a period of time learning about trading psychology of some people but I suddenly realized that I could not be like them even though I tried my best. I realize we need to understand ourselves and know our psychological weaknesses. then find a solution to control it, that's how i did it and was quite successful. Now whether the price is volatile or there are large losses, I still feel emotionless.
hero member
Activity: 2912
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June 06, 2020, 12:49:16 AM
#19
Experience cannot be taught, but it can be learned. We cannot teach them about how we got the experience, but we can teach them based on what we got so they can raise their skills in trading. They need to get the point of our experience before they can learn something from that, and that will need time before they can have their own experience.

Mentality, experience, and skills will be different from each trader since they trade by themselves with their analysis. But a trader can get the other trader experience and learn it for their benefits.
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Activity: 858
Merit: 13
Christ The King
June 06, 2020, 12:18:30 AM
#18
Having a disciplined mind coupled with  patient without which we will keep losing i trading. To buy the top of a moving coin is dangerous, correction always come after a massive bull run, this may take weeks but if you are not good at technical, it's better not to enter. This goes samw when you are already in a blood bath, you sell at a loss and boom the reversal.
hero member
Activity: 2814
Merit: 518
June 05, 2020, 07:36:30 PM
#17
Every trader has their own common trading strategy but of course, they have created one for their own only that could be their best menu and nobody have to know it. Everything could be actually be taught to the others not this top-secret strategy of yours. And asking why we have to do this? The market competition brings to this, maybe it was a clever thing to hide something but because we want to make ourselves dominant to the others, we will have to make this. And I don't think there is a wrong with that, besides you can have your own either.
hero member
Activity: 2996
Merit: 609
June 05, 2020, 05:58:53 PM
#16
So I realized there are so many things that can't be taught in trading.

One major thing I know can't be taught is the psychological aspect of trading.

No matter the number of videos you watch on this, you need to learn your psychology by Yourself! This is just a fact!

What other things can't be taught in trading?



Self-discipline
Hardwork
Patience
Motivation
Emotion
Intuition/Instinct

This is most likely talk about inner characteristic but these are the things which cant really be taught to others because
you are the ones who would really need to polish up for you to be effective on trading career.How to achieve?
Experience would only be the way because you cant mold em up if you dont engage into something which will
give you awareness on what you are doing and apply learnings after that.
member
Activity: 854
Merit: 12
arcs-chain.com
June 05, 2020, 05:16:30 PM
#15
I think that there are somethings that come from experiencing and emotions, and each person will collect a different set of experiences and will handle emotions deifferently, these can evolve by trading and analysing our own moves and mistakes...
And there is self discipline, dedication and presistance that must come from inside, and to be a sucessfull trader you'll need all those
full member
Activity: 1498
Merit: 129
June 05, 2020, 05:13:23 PM
#14
That's is the reason nobody will guarantee you that trading is profitable because the success also depend on individual personality. You have point out about psychological aspect and another thing is endurance. You need to know how to endure and make peace with some wrong decisions you have made in the past. Mistakes in trading suppose to be a lessons that will make you to take better decision. Lastly, it is your resilience.
legendary
Activity: 3122
Merit: 1398
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June 05, 2020, 04:51:37 PM
#13
No matter the number of videos you watch on this, you need to learn your psychology by Yourself! This is just a fact!

That's why having an experience is the best foundation in doing trades. Build it up.

Even you lose, even you wrecked, even you got sh*t along the way - just continue and don't give up.

To be a good trader, it will take time. There's no overnight success. So let's put it this way; "study - actual trades - familiarizing - test strategies - see the result". As progressing, everyone will now reach the point wherein they able to do strategy on their own. That's the product of their continuous trading as they experienced every problem on the way and work on how to deal with those.[/i].



What other things can't be taught in trading?

Making strategies.

Traders have different ways to play with the market. That's why I always say to newbies that don't just follow but instead, take those other strategies as reference and pointers.
legendary
Activity: 2492
Merit: 1018
June 05, 2020, 04:47:36 PM
#12

So I realized there are so many things that can't be taught in trading.

One major thing I know can't be taught is the psychological aspect of trading.

No matter the number of videos you watch on this, you need to learn your psychology by Yourself! This is just a fact!

What other things can't be taught in trading?


All those videos can give an idea how trading works and what should we do but we can really find our own strategies with our experience, no one can be a successful trader without much efforts so keep trying and learn the things from your mistakes.

Psychology of a trader is very simple, just sell for profits so keep holding!

That is how easy it is but when they learn to seek more profit the greed strikes. Its often learning to exit and take profit and not finding the ATH. All these can be taught to anyone but discipline is the hardest because each of us has the trading style of our own that fits the psychological being a trader. If you are a risk-taker you will always be that way even if you have less cap.

legendary
Activity: 2282
Merit: 2196
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June 05, 2020, 04:30:53 PM
#11
Most probably "greed"? Because we can't thought during trading that we are greedy. Its basically for all peopels even out of trading, during happen our mind can't thing logically and we become greedy. But after happend someone we could realized that we were greedy especially when we lost funds. There is so many thoughts we missed during trading trading, even our common sense not work properly but after happen we realize that I shouldn't do that which was against common sense.
member
Activity: 84
Merit: 14
June 05, 2020, 04:06:33 PM
#10
One of the things that I think cannot be taught is the style of negotiation, you cannot copy someone's style because that person has different emotions from each other, it may be that they are sometimes similar, but many times the emotions influence the trading decisions.


Every style of trading should be unique. You should create YOUR methodology that works for YOU

I think for me it's effort and self-dicipline, through these it will become a genuinely skilled trader and probably 99% sure the market will reward you for your diligent efforts on it when you become a successful trader. The things that can be taught by others is the mindset in each of everyone and to focus on trading, might others want easy trading and didn't do any effort to study and make all kind of analysis in the market. Sometimes laziness makes us down in trading if you follow your negative emotions.

However, without this effort and stick to your discipline that I said, probably it is estimated that more than 80% of traders fail and quit from trading.

I totally agree with this! If you don't put in the work, you're as good as a professor in trading.  Grin

For me one important thing I can't take for granted is the timing. I can't think of anything else that I'd go by and follow blindly. For me timing i.e. when to buying/selling is a make or break type decision. This decision has made me lose so much, that I can't even trust myself (sigh) at times and I'm still learning so much about market reaction, follow up trends, discussion etc.

And at the end of the day it doesn't matter how much you learn from analysis what's important is when to act.

Well, i believe this can be taught.

Emotional trading can't be taught to become like a robot with any video at all. Some people go crazy when they see a coin going up, this is a tale as old as time but for some reason some noobs or idiots still fall for it, the price suddenly goes 100% and they go and buy it, why? Because they think the price went up and if they get in at the right time the price could go even higher after that and they could sell.

What ends up happening is the price drops when they get in, and that is why they lose a ton of money for being late. Being emotional about what you are trading will hurt you no matter how many videos or books or whatever you studied, you are going to lose money on it 100% guaranteed. That is why you have to trade and lose and learn these in order to become good at them.

Can we ever truly trade like robots without the slightest appearance of emotion?

If i get rid of all my emotions cos of trading, my girlfriend will be in trouble  Grin

Psychology of a trader is very simple, just sell for profits so keep holding!

If only it was this easy.  Smiley.

That's why there is what is called Fear of Leaving money on the table
member
Activity: 1204
Merit: 38
June 05, 2020, 04:04:05 PM
#9
So I realized there are so many things that can't be taught in trading.

One major thing I know can't be taught is the psychological aspect of trading.

No matter the number of videos you watch on this, you need to learn your psychology by Yourself! This is just a fact!

What other things can't be taught in trading?


All those videos can give an idea how trading works and what should we do but we can really find our own strategies with our experience, no one can be a successful trader without much efforts so keep trying and learn the things from your mistakes.

Psychology of a trader is very simple, just sell for profits so keep holding!
legendary
Activity: 2912
Merit: 1068
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June 05, 2020, 04:02:15 PM
#8
One of the things that people often try to do is tp copy others. I think that is wrong and you can't learn to trade like somebody else because everyone has its own style, own goals and strategy that is line with needs and capabilities.
But we shouldn't be focused on what can't be taught but what could be, what experiences could be shared and what common mistakes avoided. That is the benefit of community.
legendary
Activity: 3654
Merit: 1165
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June 05, 2020, 03:34:31 PM
#7
Emotional trading can't be taught to become like a robot with any video at all. Some people go crazy when they see a coin going up, this is a tale as old as time but for some reason some noobs or idiots still fall for it, the price suddenly goes 100% and they go and buy it, why? Because they think the price went up and if they get in at the right time the price could go even higher after that and they could sell.

What ends up happening is the price drops when they get in, and that is why they lose a ton of money for being late. Being emotional about what you are trading will hurt you no matter how many videos or books or whatever you studied, you are going to lose money on it 100% guaranteed. That is why you have to trade and lose and learn these in order to become good at them.
full member
Activity: 1470
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June 05, 2020, 11:37:28 AM
#6
On the psychological aspect, there is nothing that people will teach you that because it is the behavior of human and also the final decision is yours no matter what happened at the end of the day your achievement or your mistake you cannot blame others because they teach you the wrong side on trading this is your fault too because you trust and follow them don't be a follower on the people just you know high skilled on trading do your own trade so you can keep moving forward about the things happening right now on your trades. After you earn a lot of experience you know on your self that you can be a great trader at the end of the day.

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