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Topic: Trade isn’t for Me guys. - page 7. (Read 2082 times)

hero member
Activity: 2702
Merit: 672
I don't request loans~
June 24, 2020, 09:19:41 PM
Congrats, at the very least, you made yourself understand that early on and could pretty much cut off any potential losses in the future. Don't get me wrong, I don't mean that in a bad way, there are people who are good at trading and naturally, there would be people bad at it. At the very least, you understand yourself that trading isn't for you.
Definitely LUCKY traders make more profits than unlucky traders but trading does not only depend on luck, there are other factors involved that make you a good trader. The very important one is the market survey if you have knowledge about the market then you will easily make profits by investing. Just keep in touch with crypto news and invest at the right time on right coin.
Even if we take into account luck, all that matters is that you either win or lost. 50/50. That's basically how I look at my trading, it's either I win, or I lose. No matter how much metric I actually use to measure the changes, it all leaves it up to the 50/50 chance of win/lose. Also, even if you get in touch with crypto news every day, even if you live your life for crypto, the market doesn't move that way. Hell, even if you watched the charts 24/7, there's no guarantee that you'd actually be able to predict the movement 100%.
legendary
Activity: 3122
Merit: 1140
June 24, 2020, 03:05:05 PM
Everyone needs to decide for himself
I'm not for giving up on first sign of problem but I agree that trading isn't for everyone. It's very demanding and time consuming, risky and stresfull, so not everyone can handle that.
I think that everyone who decides to start trading needs to give everything form himsel but if along the way he realises trading is not for him, there is nothing wrong with that. In that case it's better to give up than to suffer losses, stress and constant frustration.
Truth,! Why would continue if we do saw that we are losing that much specially if you've been trading up for so long but the result are just the same?
There are really things which arent really made for us no matter how hard we do try.Its better to quit rather than forcing up yourself that the thing you are
engaging into should or does work.Trading isnt really for anybody and if it do make you stress and not enjoying on what you are doing then its better
to stop and find for another path or career since trading isnt the only investment or way to gain up profits.
sr. member
Activity: 1914
Merit: 328
June 24, 2020, 01:30:21 PM
Do not try to give him directions on how he could become a better trader, sometimes it is not just about being a good trader or a bad trader. Sometimes it is about just not being for the trading world which is different than many other jobs, there is too many highs and too many lows and so forth where it is really not that easy.

Certainly most of it is about money but you can't really help someone to make more profit if they are not good at it and there is really no blueprint on how to make a profit on bitcoin because if there was there would be a ton of people using that including me and you and probably rest of the world because we all want to make profit. So, some people are not born traders and there is no way we could help them become one and should just let them be whatever they want.
newbie
Activity: 29
Merit: 0
June 24, 2020, 06:53:21 AM
Make a system
dont go all in
respect your leverage or margin
respect your SL
take profit
be patients
develop everyday
get up early
always take your best setups dont fomo - always gonna hurt bad
Last thing
only decide whats best for your money not dont let your mind be greedy .
1 trade or max 2 trade is enough for a day.
cash out profit whenever possible
start with less capital to have a command over yourself then go big .
newbie
Activity: 6
Merit: 0
June 23, 2020, 09:37:21 PM
You can try Bithumb Global, which is a simple and convenient way to trade BTC.
legendary
Activity: 3052
Merit: 1273
June 23, 2020, 12:36:20 PM
The truth is that, for a trader to win, another trader has to lose.
>95% traders either quit or continue losing their money to just 3-5% of the world's most successful traders and that's how it works. For us to become a successful entity in this field only takes a lot of years, patience, knowledge and control. Trading is not an easy task, but for you to accomplish it, you need not to fomo in but play smart. You see? You lose more in the fee itself that you pay per your buy that you make for the coins you exchange your BTC. It's better to put limit orders and wait for the price to come to your desired level, that's how you can make good money. Better not to trade when the trade is not in our area. Take it as Ferrari and BMW - if you can afford BMW but are willing to drive Ferrari and somehow get a chance to drive it but you don't know how to do that (I mean, your driving skills are just average but that average is good for driving BMW) then I guess you should first learn the skills about driving a Ferrari and then go for it.
legendary
Activity: 3052
Merit: 1188
June 23, 2020, 12:14:09 PM
I agree that it is a personal thing and not a mind thing. I can spend days, or even weeks, even months to study how TA works and how trading works and get better, however I know that even if I get awesome at it, emotionally speaking I am not fine with all the ups and downs of the trading world and I would psychologically wouldn't be ready for it. That is why I agree that right now there is really not that much I can do to convince "myself" in the regards of trading.

I however found that investment is much better for me, sure there are ups and downs on that as well but I just put my money into bitcoin (and some other alts a bit) and I just wait, it could go up and down but I know that it wouldn't matter since I am in for the long term and no matter what happens in the short term wouldn't matter to me.
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
June 23, 2020, 03:20:23 AM
Definitely LUCKY traders make more profits than unlucky traders but trading does not only depend on luck, there are other factors involved that make you a good trader. The very important one is the market survey if you have knowledge about the market then you will easily make profits by investing. Just keep in touch with crypto news and invest at the right time on right coin.
for those who trade according to their plan, it will make them feel good about trading. well, in this case, actually I'm also not very good at trading, and I feel that that is not my expertise. so far, I only hold assets, and sell them when the price is right. if you want to trade, make sure that you know the chart movement. even though I say that I'm also not very good at trading.
full member
Activity: 515
Merit: 101
June 22, 2020, 12:54:38 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.          
This is not only for luck, this is all about knowledge and technique which you have to use there. By the way, I have also lost but still I have patience and still I hope for the best in the coming days. Do some research and try to use it, by this following way, you won't be hopeless so far I can say from my experience
Agree! If you think trading is based on luck, it's gambling! Even gambling, you have to have some knowledge! Therefore, don't ever think that trading is all about being lucky! Trading requires a lot of understanding, knowledge, skills that traders have to gain day by day! Failures in trading are also good lessons for traders!
sr. member
Activity: 1512
Merit: 316
June 22, 2020, 12:12:03 PM
One thing that I have fineout is that trading is not for everyone. You have to have strong mind before venture into trading. I have seeing that the most things that affect us as a trader is our emotions and if we did not bring it under check we would keep lose money.

It is true that everyone cannot be the good trader with most of the people what would happen is that after buying the market either crashes or they sell out early and then market rises more. Then they think they exited it early and would buy again and by then market starts to fall and eventually major times they end up in a loss. So, for them better is to stay invested for long term.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
June 22, 2020, 12:49:04 PM
Definitely LUCKY traders make more profits than unlucky traders but trading does not only depend on luck, there are other factors involved that make you a good trader. The very important one is the market survey if you have knowledge about the market then you will easily make profits by investing. Just keep in touch with crypto news and invest at the right time on right coin

You can't be lucky all the time

As it all balances out in the end -- I mean lucky and unlucky trades. What remains is your skills, expertise, and understanding of the game. However, to an outside observer, you may still appear as an insanely lucky person. But that's simply because people weigh other people using their own scales, so to speak. In other words, they think something is impossible (e.g. pulling in 20-30% monthly, month in and month out), while it is only impossible for them personally due to their own restraints and limitations
sr. member
Activity: 1876
Merit: 289
Zawardo
June 22, 2020, 09:46:56 AM
Well it is really not easy to make money in trading. If you really give up in trading, how about invest or hold the coin for long until the price will increase, I think that is better than trading.
member
Activity: 512
Merit: 10
BountyMarketCap
June 22, 2020, 12:41:21 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.          
This is not only for luck, this is all about knowledge and technique which you have to use there. By the way, I have also lost but still I have patience and still I hope for the best in the coming days. Do some research and try to use it, by this following way, you won't be hopeless so far I can say from my experience
copper member
Activity: 1815
Merit: 1004
PredX - AI-Powered Prediction Market
June 22, 2020, 12:24:25 PM
Definitely LUCKY traders make more profits than unlucky traders but trading does not only depend on luck, there are other factors involved that make you a good trader. The very important one is the market survey if you have knowledge about the market then you will easily make profits by investing. Just keep in touch with crypto news and invest at the right time on right coin.
sr. member
Activity: 2338
Merit: 365
June 21, 2020, 01:47:12 PM
One thing that I have fineout is that trading is not for everyone. You have to have strong mind before venture into trading. I have seeing that the most things that affect us as a trader is our emotions and if we did not bring it under check we would keep lose money.
besides emotions, basic knowledge of trading is also very important...
trading is only for people who work hard to master market analysis, trading fundamentals, and self-control. this is an important reason why every trader it is important at first to study hard and find the right mentor. remember, trading is not guessing and trading is not fate or gambling.
hero member
Activity: 1666
Merit: 629
June 21, 2020, 08:44:51 AM
#99
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.          

In order to trade, you must first obtain sufficient knowledge and experience. That's why you shouldn't start trading with your real capital without any experience or knowledge. The first advice I can suggest to you will be to receive training on technical and basic analysis. As a result of these trainings, you should try yourself with commercial trial accounts or a very small amount of money. This will allow the information you acquire to transform into experience and you will learn how to actually trade. Yes, sometimes luck can also be an important factor, but you should not forget that no one was born with this ability. Everyone has succeeded in such things by improving himself, researching and gaining experience.
full member
Activity: 980
Merit: 114
June 21, 2020, 01:51:17 AM
#98
One thing that I have fineout is that trading is not for everyone. You have to have strong mind before venture into trading. I have seeing that the most things that affect us as a trader is our emotions and if we did not bring it under check we would keep lose money.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
June 20, 2020, 04:13:27 PM
#97
Everyone needs to decide for himself
I'm not for giving up on first sign of problem but I agree that trading isn't for everyone. It's very demanding and time consuming, risky and stresfull, so not everyone can handle that.
I think that everyone who decides to start trading needs to give everything form himsel but if along the way he realises trading is not for him, there is nothing wrong with that. In that case it's better to give up than to suffer losses, stress and constant frustration.
sr. member
Activity: 1568
Merit: 283
June 20, 2020, 02:41:29 PM
#96
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.          
Bud, you must not trade. I don’t know why a lot of people believe that they have to be trading. Why not look for other things to do apart from trading? Buying and storing coins in your wallet is already enough for you to do, as long as you buy them at the right time when the price is at the bottom, then you’re good to go. That would be something better to do than risking your money all the time and losing them because you don’t have the skills that are required to be a trader.

When people approach trading like a gambling, it would be better to quit rather than struggling continuously. In the past, when I was not successful with my crypto trading, I just switched back to forex trading but watched crypto to learn about it. Then slowly I resumed crypto trading with small capital and now I am earning more than what I earned with forex trading.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
June 20, 2020, 12:40:07 PM
#95
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

Ultimately, it is up to you

Every job is not easy, to succeed you need to go through the learning process and gain experience. In trading, no one succeeds the first time. I used to lose a lot of money when trading, but from there I have experience. Luck is just a factor. If you do not know the techniques of chart analysis, you should consult and learn from experienced people, you will gain useful knowledge and apply it to the trading process

Failures pave the road to success, right?

However, if something is not your cup of tea, why waste time and effort when you can drink champagne instead? So the real question we should ask ourselves in such a situation is not how hard it is and what to do with it (it is actually secondary) but whether what we are doing is our thing in the first place. If we can honestly answer this question in the affirmative, all other things can be overcome in due course, and then we can genuinely say that failures pave the road to success indeed. Otherwise, you will get nothing out of the setbacks other than frustration and anger
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