Trade isn’t for Me guys. - page 4.

noorman0

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[Nope]No hype delivers more than hope

Quote from: Hidden Heart on June 12, 2020, 01:38:01 PM

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.

The luck factor only affects a little in trading. If you have a gambling mentality, I hope you don't take it with you to your trade.
Trading has the right time to do it, not continually buying when you profit or selling when you lose. Profits and losses in trading are not determined by the system like gambling, but from your analysis and decision.

bitgoldpanther1978

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Quote from: Hidden Heart on June 12, 2020, 01:38:01 PM

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, because i haven’t any expression about Coin Chart, buy, sell and about more.

Many are called but few are chosen, these are the sentence I read in some books where this one telling the truth.
If you think that trading is not for you, that means you quit on learning about in trading mate. Aside from that, trading is not that easy
as other's thinking about it of course not. It needs passion and determination for us to get profit in the future.

jostorres

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Do not tell people that they are lazy without knowing much about them. First of all they could be saying trading isn't for them for totally different reasons and we should try to be a bit more understanding of them. Secondly it is not lazy to be not wanting to learn something, they might just feel like maybe they do not want to learn so many things to become a trader, maybe it is too much work and they rather spend that on learning something else? Who knows what the reason is.

Finally, full time day trading is a job, it is like any other job, and it requires studying a lot and after all of that even if you know what you are doing, you can still end up losing a bit of money time to time as well and emotionally it is a roller coaster, so it is definitely not everyone's thing.

SquallLeonhart

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"CoinPoker.com"

Quote from: Hidden Heart on June 12, 2020, 01:38:01 PM

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.

You need to take your time and know why you have been losing in trading. Before you quit, you should first know why and if it’s something you can’t tackle, then you should call it a quit. It’s true that trading doesn’t work for everyone, but figure out why. It might be that you don’t have a precise strategy that you’re using to trade, a very good strategy that works. Other ways that you can be making mistake is when you keep looking at social media as your source for trading tips or when you always try to FOMO.

If you don’t know how to trade you can decide to make use of platforms that allows copy trading, and you can be copying trades of professionals.

carlfebz2

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Quote from: hahay on July 07, 2020, 02:46:41 PM

Quote from: TIDOVEE on July 07, 2020, 02:14:12 PM

You have mentioned the few things you need to know, anyone could be successful in trading if he or she learn the necessary details, get information from experts. There is no crime in making mistake but turning back means you have accepted the defeat and you don't want to know it. Every trader here will have one story to tell. That you have started means you are steps closer. My candid advice, Don't quit.

Right, when he knows about the details of his mistakes, basically he already knows something that needs to be corrected and for that reason, then he should learn the points he realizes and then continue to learn for deeper understanding. Understanding or knowledge in your case is the main point for you to be able to correct mistakes to achieve the expected success and do it with great effort.

You wouldnt learn if you dont make yourself learn from those mistakes and due to experience you would really able to grasp out something that you havent experienced before.

You cant directly say that trading isnt for you just because you do lost up your money yet its part of the risk, the important thing here is that you do able to learn up
gradually.

Use those losses as learnings then apply it on next trades yet you already know on which one is to avoid on.

TIDOVEE

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You have mentioned the few things you need to know, anyone could be successful in trading if he or she learn the necessary details, get information from experts. There is no crime in making mistake but turning back means you have accepted the defeat and you don't want to know it. Every trader here will have one story to tell. That you have started means you are steps closer. My candid advice, Don't quit.

Rengga Jati

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Quote from: Hidden Heart on June 12, 2020, 01:38:01 PM

My Luck is not for Trading, I think Trading is not for Me.

Does it mean "you give up", buddy? I also experienced many losses in trading but I think stopping trading isn't the right solution. If you are still dreaming to stay longer in crypto space, you need to learn and do trading. To make profits, you need to trade your coins as you won't keep them on wallets forever. And to trade well, you need to have trading skills and do proper ways of trading. How you can master them? You need to learn trading from various sources and got experiences. It is not easy learning to trade as it is not a simple work but if you are serious about it, then you probably master it gradually. So, I suggest you to continue trading, don't stop it too early.

Stedsm

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Quote from: South Park on July 07, 2020, 01:47:39 PM

That can help to slowdown your losses but that does not really help with the main issue which is losing money on the markets, losing 3 trades in a row is also not really a sign of a bad trader, if the system you are using has a low accuracy but it is still profitable then it is probably a better idea to reduce your position size rather than to miss a trade that can be the one you were expecting all along and were trying to catch, however even such measures does not mean you have a working system in fact this is the bare minimum needed to have a chance on the markets.

Actually I never told anyone not to trade for too long a term, but I said that just spectate whenever you are unsure of the markets and biased about the ongoing situation. Missing a trade could help rather than going in for that trade with bigger the size due to greed. And keeping it lower from the start (like max 3-7% of your total portfolio per trade) and having a trailing stop in order to move your stop loss from SL zone to TP (take profit) zone helps you a lot in preserving a trade in a much better way.

South Park

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I am terrible at Fantasy Football!!!

Quote from: spike420211 on July 03, 2020, 12:28:46 PM

Quote from: Stedsm on June 29, 2020, 07:13:00 PM

Those who gave a shit comment like "1 or max 2 trades a day is good", I've got an answer here.

It's a strategy to get rekt soon because it's not something compulsory to trade every single day. I've seen many successful traders not even trading for 2-3 years when they don't sense the necessity of trading. They pass the opportunities aside and see for the extreme possibility of their trades going into right directions. You need to trade only if you're sure enough that the outcome will be in your favor, the odds will be in your favor.

If we slightly modify this strategy, we can get a fully working version.

The main principle for a beginner to stop trading every time when the number of unsuccessful transactions reaches the number of 3 in a row.
This will help to keep all things under control, and also eliminate the influence of the emotional background on the quality of trading.

That can help to slowdown your losses but that does not really help with the main issue which is losing money on the markets, losing 3 trades in a row is also not really a sign of a bad trader, if the system you are using has a low accuracy but it is still profitable then it is probably a better idea to reduce your position size rather than to miss a trade that can be the one you were expecting all along and were trying to catch, however even such measures does not mean you have a working system in fact this is the bare minimum needed to have a chance on the markets.

deisik

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Quote from: Stedsm on July 07, 2020, 09:18:34 AM

Quote from: deisik on July 06, 2020, 02:12:05 PM

I guess anyone who is seriously in trading hopes to make dough. However, there's more to it than just earning a few shekels here and there.

I know that and I never said that it's all about earning bucks but learning from our mistakes and not repeating it. Another thing is that if we trade with patience and don't get into too many frequent trades, then I believe that it could save us from losing our funds if you talk about focus, as then it's not about earning but prevention of loss

Well, that's actually not what I meant

I for one see nothing wrong with people who are into trading with entirely utilitarian goals in mind, for example, to earn a buck or two. If you are going to add a certain amount of morale to it, I don't think it is a good idea. Besides, learning from our mistakes and not repeating them doesn't change anything in this regard. It is still a must-do thing even if your sole purpose is to reap profits, preferably huge profits

Quote from: Stedsm on July 07, 2020, 09:18:34 AM

Quote

Let's just say it is decided by what side of the trade you are on, long or short

I didn't come to the point of shorting or leverage/margin trading yet. If you were to talk on this, the subject will become such an argumentative debate that we'll just try to bother each other hard on just one topic, i.e.; shorting. TBH, margin trading and leverage trading are more riskier compared to trading alts normally. Another thing, these types of trades have limited options available so it's better not to touch them if you don't really know what exactly are you doing (this is for those specifically who just jump into leverage trading at 100x and cry later).

Okay then

Ridwan Fauzi

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Quote from: chikading2016 on July 04, 2020, 07:53:59 AM

Well at first i also think that trading is not for me. But when i fucos on it i earn a lot, but sometimes we can really also loss in it and i think that is a normal thing as a trader, we need to know that there are always a risk in trading, because trading is a risky way of earning a profit specially when we don't have an experience.

A confidence will change anything, I believe that. I heard someone's say that if need money or anything then the first thing that you should find is a knowledge or understand (in this case is trading). You will say trading is not for you, that's normal because you can't manage the knowledge of it, at least the basic knowledge like support and resistence.

Because when you have understood it and now the way to get money in it you will feel that trading is for you. There is no way to get money instantly, you may need to spend a lot of time to only learn and learn without profit about trading. And I feel to make your trade comfortably you need a long time and that is what I think, I can feel trading is best place to earn money I need two years at least to feel it.

KnightElite

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I think there is a misconception about trading, as a trader; I do not rely on my luck and I purely rely on my skills. I think the reason why you are losing money in trading because you treat as gambling because you are focusing on luck more than in trading skills. If you lose today, it doesn't mean that trading is not for you. It is normal to lose as long as you find lesson on it.
If you will keep telling yourself that trading is not for you, maybe your right and it is better if you will stop but you will not able to regain the losses that you incurred. It is better to rest a little bit and improve yourself as a trader then maybe you can regain all of your losses again.

Stedsm

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Quote from: deisik on July 06, 2020, 02:12:05 PM

I guess anyone who is seriously in trading hopes to make dough. However, there's more to it than just earning a few shekels here and there.

I know that and I never said that it's all about earning bucks but learning from our mistakes and not repeating it. Another thing is that if we trade with patience and don't get into too many frequent trades, then I believe that it could save us from losing our funds if you talk about focus, as then it's not about earning but prevention of loss.

Quote

Let's just say it is decided by what side of the trade you are on, long or short

I didn't come to the point of shorting or leverage/margin trading yet. If you were to talk on this, the subject will become such an argumentative debate that we'll just try to bother each other hard on just one topic, i.e.; shorting. TBH, margin trading and leverage trading are more riskier compared to trading alts normally. Another thing, these types of trades have limited options available so it's better not to touch them if you don't really know what exactly are you doing (this is for those specifically who just jump into leverage trading at 100x and cry later).

BuNga_cute

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Maybe you are just lazy to learn trading strategies or maybe you give up too soon. Actually trading for everyone,
nobody even succeeded directly when trading, I initially experienced a lot of losses. But over time, I began to make
a profit. In my opinion you should try to learn trading from the start again, don't give up too soon when loss. Try to
correct your mistakes when trading, I'm sure you can also succeed in trading.

Awraawra

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Quote from: Hidden Heart on June 12, 2020, 01:38:01 PM

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.

Why you said that trading is not for you? Maybe you have wrong strategies to choose and to buy altcoins. You must be do search so that you can get a knowledge how to do right trading.
If you think that trading is not for you buy and hold it for a long term for you to get profit.

kakonhat

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Crypto in my Blood

Quote from: Hidden Heart on June 12, 2020, 01:38:01 PM

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.

`
If you think the trade is not suitable for you then you should hold your cryptocurrency. It's a good way to get a nice return without taking a big risk. I trade rarely even not but I get great return than I expected. You should try it.

Hippocrypto

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Quote from: Becky666 on July 06, 2020, 03:57:25 PM

Quote from: Hidden Heart on June 12, 2020, 01:38:01 PM

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.

We'll learned how to trade from this forum, you can do likewise because many have done. Trading is by learning and not just wake up to become a professional trader. Many analysts around the world cryptocurrency today and those on this exalted cryptocurrency forum started their journey long ago and today they are voices to recalled with. Don't be discouraged, things are always rough during the start but always appreciate with time. You can watch series of YouTube videos and tutorials online to get started. Don't give up on yourself, encourag to stand film and start trading.

Self research is good but we need a mentorship from an experienced person who can guide you, from the start of your trading career. Doing it all by yourself might not be so easy, just like my previous years of struggles without the guidance of somebody put me into getting scammed with a stranger who promised to buy my coins in private conversation. But it turned out so bad and disappointing in the end because my tokens were all stolen.

Idrix1

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Quote from: Hidden Heart on June 12, 2020, 01:38:01 PM

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.

I think virtually every trader has been is similar situation as this, tgere are times when things will seems not to be working out in your favor, a lot of start up traders often think only the newbies do get affected by similar problems but even the pro trader do have the market goes against them certain times. My advise is for you to talk a little break and learn more about the basics of trader and i assure you that at the end of the tunnel, you will emerge stronger

Becky666

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Quote from: Hidden Heart on June 12, 2020, 01:38:01 PM

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.

We'll learned how to trade from this forum, you can do likewise because many have done. Trading is by learning and not just wake up to become a professional trader. Many analysts around the world cryptocurrency today and those on this exalted cryptocurrency forum started their journey long ago and today they are voices to recalled with. Don't be discouraged, things are always rough during the start but always appreciate with time. You can watch series of YouTube videos and tutorials online to get started. Don't give up on yourself, encourag to stand film and start trading.

deisik

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Quote from: Stedsm on July 06, 2020, 01:07:44 PM

@deisik, you're in to make dough? Really?

Well, is it a rhetorical question?

I guess anyone who is seriously in trading hopes to make dough. However, there's more to it than just earning a few shekels here and there. More specifically, I use shorts as a hedge against cryptocurrency price dumps. Indeed, I could just exchange bitcoins (or whatever) for fiat directly, but then I would have to deal with fiat withdrawals, banks, and similar nasty stuff. Hedging via shorts looks like a perfect solution to me and this problem

Quote from: Stedsm on July 06, 2020, 01:07:44 PM

I mean getting dumped down by several investors of a project would really help if you were in the trade itself?

Let's just say it is decided by what side of the trade you are on, long or short

Topic: Trade isn’t for Me guys. - page 4. (Read 2012 times)