Topic: Trade isn’t for Me guys. - page 12. (Read 2052 times)

Trading is about knowledge and skill if you have that capability to trade and wide marker understanding it could be a tool for you to succeed in trading. But you are wrong thinking that Trading is a luck-base game because it won't and certainly be not.

It was then to admire you that you accept it and not to push your self into trading which you found yourself uncomfortable in doing this. But just wanna tell you that crypto is wide open if you would decide to trade back again and take the risk. May you quit this time but could it be possible to have a strong come back if you are also back-up with knowledge.

If short trades doesnt work for you then go for long term holding by just simply storing up your coins into a hardware wallet and wait for years for you to profit if you do really find out that active trading do only cause loss into your side.There are really things which arent really meant for us and if you do already tried your best for a long period of time and it seems it doesnt work then its just wise to find  an another way for you to make investment and not just forcing up into things which you do saw that it isnt really suitable for you.Some saying that we should try hard but we can really feel into those moments on where we do already give our best
but our best wasnt enough. lol!

Confusing luck for skill when trading is one mistake that no trader should fall victim too.
Do not see trading as a luck scenario, treat is as something that you understand how it works.

Make sure to understand the basics, the professionalism of trading crypto currency by mastering the arts of trading analysis, and setting up a trade strategy,

Also, learn to understand the type of mistake you make, so that you can re adjust, relearn and improve your trading skills

Trading is one of the riskiest things we could ever do in our life because it takes a lot of up and down and also the market of bitcoin is volatile it takes time to analyze what is the next coming movement of the coin. Losing your money is part of the market trading even the professional traders experience losing a lot of funds. On trading it's not just to buy only you can make a short or sell too also makes a lot of time to read your trading indicators to identify the next market movement which is it takes time. because sometimes it's on 30 minutes mark. If you think you lose all of your trades also I think one of the factors is the trading market because you need to make it a good and exact trade don't trade too much that you cannot afford it may lose immediately all of your money because of this kind of mistake. Also, I'm not a beginner and a professional trader but I give a lot of time and effort to read a lot of news abbot the trading coin I will use and also what are the open and close of the traders or when is the vigorous time to trade so you can make it easier to earn a profit because you are aware if you think trading is not good and not with you better to stop immediately because it may cause a lot of losses on your funds or just a take a break and take time to study.

Sorry to hear it out buddy! But i would like to ask on how long you've been into trading? Are you just new or been trading for years?

If you are just starting up or just new then i would say that you shouldnt easily quit yet mistakes are inevitable and take these loss as a part of your learning.

Trading cant be learned overnight thats why you would need years and continue to learn as you do make trades. You arent the only ones who do commit

such common mistakes of buy high sell low thing.

It's better you to stop a while when you think trading isn't for you. In trading, you need to learn how to use cut loss when you think it would be going deeper and take profit while you think it will reached the peak. Some people can't take those moment and as the result they are ended up losing more

long term trading still is a trading. how about buying BTC today and then probably after 6 month you sell it? who knows the price could be higher from the price today.

sometimes you just have to focus on where you are good at doing something. losing money these days while there is no job available due to lockdown isn't good. you'd rather be providing services than risking money by short term trading trading.

That is true, trading requires a lot of patience and thru experience, one can gain some tips on how to deal any coin in the market. One should also acquire the basic knowledge of trading as it will be the foundation of anyone in this market. Though most TAs are not applicable in crypto trading, yet, knowledge of these will be your weapon to fully understand what's going on.

I think that trading requires a lot of patience, study, experience and luck... patience and study you can acquire if you work hard and focus, experience is something that can be found by actually trading and failing... luck is the one you cannot control...
I am also not a natural trader, the chart always draws the opposite of what i'm thinking... and my entry and exit levels are usually messed up...so i just hold in hope for better days 

Since you have discover this, it is better to have a break from trading and possibly start using some demo accounts. This will assist you to have real time trading experience without losing your real money. You can check on hitbtc exchange they have demo account. No one is truly professional but learning from past trading mistakes is what really make you a better trader. When you are losing money continuously without looking back to what you are doing wrong, they it becomes addiction just like gambling

Crypto is more than just buying low and selling high and crypto trading is only not for people who are greedy and cant control their emotion which i believed was not your case because it precisely lack of crypto trading knowledge that led to your lost.

You need to have knowledge about chart reading with the inclusion of news, whales movement and mining difficulty which are what influence the market price before you can be a successful trader.

Trading is for everyone, maybe the strategy using for now is not that fit for you, we all know that trading is hard these days that's why you don't need to stick on a single trading pattern and you should it as a trader.

Have you read about the discussion here in trading? did you follow the fundamentals? tried to use any e-learning materials? maybe you are just too focused of a thought to "make profit easily"

^ I must agree you don't need any luck in trading ( maybe sometimes, but very seldom)

Is not easy to trade mate  but don't get tired trying if you have desire for it but if you can't and you don't know how to get help. Is better you can quit finally so that you don't have to continue losing money. Money is not coming easily this pandemic time.

If you want to trade, you don't have to depend on luck. You can't make a profit if you open a trade at the wrong time and depend on luck. I have seen lots of traders whose main reason for losses is that they know wrong about trading. Understanding the movement of the market, requires correct idea about trading. Need to build your own trading skills. If you don't have your own trading knowledge, you will lose. Because new traders make losses only because they do not have trading knowledge.

My Luck is not for Trading, I think Trading is not for Me.  I try it many time, and i understand that trade isn’t for me. Every time i lost my Satoshi on Buy/Selling,  becouse i haven’t any expression about Coin Chart, buy, sell and about more.