Trade isn’t for Me guys. - page 5.

Stedsm

legendary

Activity: 3052

Merit: 1273

@deisik, you're in to make dough? Really?
I mean getting dumped down by several investors of a project would really help if you were in the trade itself? It's sometimes better just to spectate instead of getting into a trade and losing. Even if you lose a %, you lost a few bucks and vice versa.

And @spike420211, neither way can you really dictate nor decide to go for n number of trades before stopping because as I said, every single person uses a different approach towards his/her trades with a completely different or maybe same strategy but what matters is the size of the portfolio you are using in terms of % that you'll put in that trade. Some traders lose too much that they end up getting their capital exhausted and that's why I said this that you should spectate only when not sure about your trade. To those taking it towards wrong way by saying that it could take them months and even years to decide whether to get into a trade or not? My suggestion for them is to just sit back and never trade because it's their disability to find assured trades then.

carlfebz2

hero member

Activity: 2926

Merit: 722

DGbet.fun - Crypto Sportsbook

Quote from: Stedsm on June 29, 2020, 06:13:00 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.

Everything does really have its own timing and yes i do agree with this which you wont really need to have lots of trades in a particular day even if you do saw that it isnt worth to position out yourself into the market.

Dont just have that kind of mindset that the more you do trade the more possible money you could make and a said this would surely give out the higher risk on getting wreck.Stopping for a while

is suggested and if you do saw that there is a good time on getting in into the market then thats the time you should trade on.It isnt really that necessary to become active that much

when you dont know on what you are doing.

digietrader

newbie

Activity: 3

Merit: 0

Trading is not for everyone. Quality training is not readily available.
Have you considered a good trading bot? I use digieBot, not only does the bot work really well, they teach trading every week.

One problem with almost all auto trading bots is that they rely on lagging indicators.

digieBot Auto is an automated trading bot that trades based on volume in the market. digieBot does NOT use lagging indicators; it is based entirely on the volume of trades taken by traders and analyzing the commitment of the market to that trade.

Commitment is shown by traders’ willingness to invest their money at a price point, and the market commitment is demonstrated by volume in the same market direction.

Ronaldcoin2017

sr. member

Activity: 1148

Merit: 300

Trading is really an amazing way to earn a lot of profit. But there are people that really think that trading is not for them, because they loss on it, but i believe that lossing in trading is really a normal thing, and you cannot become a good trader if you dont experience lossing on it so i think we need to be more patience if we wanted to earn on trading because trading sometimes is really hard and controling maybe emotions is the best thing to do for good.

AakZaki

legendary

Activity: 2338

Merit: 1084

zknodes.org

Quote from: GreatArkansas on July 04, 2020, 07:43:09 AM

~snip~
I will still continue to learn a trading strategy or anything about trading, I still love and want to do trades.

Continue to learn about trading strategies, analyze and select indicators that suit you. The more you try to trade, the more experience you have.
I also continue to learn how to trade properly.
discipline in trading, Money Management and also mental management is very necessary. Wink

palle11

sr. member

Activity: 2366

Merit: 332

Quote from: Stedsm on June 29, 2020, 06:13:00 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.. 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.

Your comment is right and an advise to traders who insist to jump into the market multiple times in a day. Trading is a good to make money if you know how to or if you have a strategy but always going into the market is surely a planned way to lose money.
If a traders strategy gives them signal to always be in the market multiple times every day, they better readjust from that plan except the trader is a scalper. A daily trader and swinger won't have multiple opening to always jump in.

Quote from: Stedsm on June 29, 2020, 06:13:00 PM

I ve seen many successful traders not even trading for 2-3 years when they don't sense the necessity of trading.

I had to quote this sentence to respond to it separately.

Hence, probably they went for sabbatical leave Grin

Quote from: Stedsm on June 29, 2020, 06:13:00 PM

It's a strategy to get rekt soon because it's not something compulsory to trade every single day.

Big advise for traders. You got a merit on this Grin

Peanutswar

legendary

Activity: 1708

Merit: 1280

Top Crypto Casino

If you think you do not have enough knowledge and skills in trading it is better to take a break for a mean time because not all the time the earning and the volatile uptrend or downtrend are with you because it is volatile and trading is risky still it depends on you if you want to stop or to take a break for a while.

Quote from: Btc_1856 on July 04, 2020, 09:04:02 AM

Quote from: kesmex on June 29, 2020, 02:00:12 PM

people have their own path to success, don't worry,
but you shouldn't give up now my friend, trading is difficult, but it can be learned

People will have different sources in order to make a profit through trading and it will help them to learn their mistakes, through trading ever person will face issues with trading, it might help them learn their mistakes, trading is a long term process and learns the things only when we continue in trading.

Most of the people are just focusing to the success of the people not by their downs and mistakes because they think they can do the same but this is wrong because one of the keys to success is learning from the mistakes from your experience and others so if you encounter the dame problem you can now avoid.

Btc_1856

sr. member

Activity: 1540

Merit: 255

Quote from: kesmex on June 29, 2020, 02:00:12 PM

people have their own path to success, don't worry,
but you shouldn't give up now my friend, trading is difficult, but it can be learned

People will have different sources in order to make a profit through trading and it will help them to learn their mistakes, through trading ever person will face issues with trading, it might help them learn their mistakes, trading is a long term process and learns the things only when we continue in trading.

daneal stev

full member

Activity: 280

Merit: 135

These thoughts that revolve in your mind are the reason for your failure and lack of success my friend, you must set a goal and you must not surrender. We all suffered losses and failures in the beginning. I advise you to keep trying until you can achieve success

SARA ISLAM

member

Activity: 558

Merit: 11

umachit.fund

To trade first you need trading knowledge and then patience, Luck is not good, trade is not for me. These are nothing but excuses. Learn to trade before you trade. Make yourself, then trade live. I'm sure you won't blame luck anymore.

GreatArkansas

legendary

Activity: 2506

Merit: 1394

I also got almost same experience with OP.
To be honest, if I will sum up all my trades from the beginning, I still lost in BTC value. That's why these past few weeks, I take a break on trading, but it's not mean that trade is not really for me.
I will still continue to learn a trading strategy or anything about trading, I still love and want to do trades.

deisik

legendary

Activity: 3514

Merit: 1280

English ⬄ Russian Translation Services

Quote from: spike420211 on July 03, 2020, 11:28:46 AM

Quote from: Stedsm on June 29, 2020, 06:13:00 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

Yes, this can prevent him from more losses down the road

And what next? This trader will get back to where he started at (minus the money lost). The point is, stopping in time won't teach you how to actually earn something. Therefore, in no case can it be a fully working version of a trading strategy nor a main principle as some part is missing. In fact, the biggest and most important part. After all, you are in it not to cut your losses short but to make dough, right? This is your design, and the part which is missing

chikading2016

member

Activity: 949

Merit: 48

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.

spike420211

sr. member

Activity: 1610

Merit: 372

Quote from: Stedsm on June 29, 2020, 06:13:00 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.

DeadCoin

sr. member

Activity: 1246

Merit: 261

★ Investor | Trader | Promoter

Generally,trading is also normally returned so meaning some investors are basically free from sticky and usually almost all establishments in my country has already open for tune in but I saw the positive and negative impact it seems like a horror movie which is the effects of social distancing the formula is you have to be removed yourself to a remoted area for safety but I believe that it would be a very applicable to protect our business towards to a new version of life in the world of crypto.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: Stedsm on June 29, 2020, 06:13:00 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.

That is known as overtrading, depending on the time frame you choose to employ you could end up with no trades for months or even years to making several trades per day, however as you say trading just for the sake of trading misses the mark by a mile, a trade should only be open if there is a decent opportunity to make money with it and our strategy tell us to do it, otherwise those people are just gambling with their money with the downside they are only getting frustration out of it and not getting any fun like it would be the case when it comes to gambling.

culuuton

hero member

Activity: 1593

Merit: 502

Quote from: kesmex on June 29, 2020, 02:00:12 PM

people have their own path to success, don't worry,
but you shouldn't give up now my friend, trading is difficult, but it can be learned

It's correct, trading is never easy, you can stop but the opportunity is only for those who move forward. Those who aren't confident and can't accept failure, everything is not for them, best stop.

Stedsm

legendary

Activity: 3052

Merit: 1273

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.

kesmex

full member

Activity: 1110

Merit: 104

people have their own path to success, don't worry,
but you shouldn't give up now my friend, trading is difficult, but it can be learned

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: ife2020 on June 26, 2020, 06:21:26 PM

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

Well, believing in yourself is one step in the right direction. Understanding why and the reasons for your losses is another right step in the right direction. Trading is not only about willingness to trade, but the willingness to learn how to trade, and also to master the strategy that works for you. So instead of panicking (which is okay); find out why you have losing your funds, work on yourself by going back to learning basics ta and fa. Then you can try again.

Never give up! and always do your own research

In most cases this approach of learning as you go is a great and will get you to your goal, but when it comes to trading and investing it can be one of the fastest ways to lose your money, in this market there are no do-overs, it takes years for people to get enough money to trade the markets and they can lose everything in a single day, even if you get to understand the reason of why this happened it will take years to get the necessary money again and it is to be argued if you will be willing to take the risk of losing your money again, this is why newbies should not trade until they have tested their strategy and they are completely ready otherwise they are just wasting their time.

Topic: Trade isn’t for Me guys. - page 5. (Read 2082 times)