Traders need to learn | Bitcointalksearch.org

jhonjhon

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Quote from: Ifemini on April 03, 2020, 02:09:57 PM

One of the core troubles accustomed to traders of crypto currency is their mindset.

Believe me, as a trader, you need to be confident and always trade to win and make profits.

Never have it in mind that you are trading to lose, develop a strong mentality and always dyor

Your mindsets determines what you see on a trade chart anytime

If our mindset is to win the battle it could help but it seems to be hopeless also if we don't make it just like having a concrete plan, good strategy, and its implementation. One thing that a trader should have to learn is how to understand and create their own market analysis.
We know the basics in trading but it is not just enough if we plan to become more profitable. If we can have more market strategy better to try it and find out which one is effective.

odukoyaewatomi27

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As a trader, you should have confidence. In any case, it will require great trading information. Furthermore, trading information isn't made in one day. On the off chance that you are a decent trader, you must show restraint toward trading information. Be that as it may, there is no reason for all trade wins. Huge traders don't generally win. There is no framework that can take 100% of the triumphant trades

cytpoway121

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Quote from: nutriagrigia on April 04, 2020, 11:56:14 AM

Quote from: Romeotom on April 04, 2020, 10:05:52 AM

Yes start of trading also you need good skills so before you need try to try learned how you can develop your trading skills. I think i am not smart trader person but i like always day by day how i can more increase my trading life.

Be very careful. Trading is not profitable every day. Always be prepared for any event in the market. this is a very risky and very nervous way to earn money for you life.

I want to agree with you on this point, trading is very profitable, but you cannot take profits every time.
But trading is not that risky, as long as you do it right and be persistent with it.

Also, you need to realize that trading is different from gambling.

Mianae

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Yes you're right. Every trader should have a positive mindset when entering any trade and have the mind of a winner as well. If a trader does not trust in his skills he won't make any progress with his trading.

Xampeuu

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Quote from: michellee on April 08, 2020, 02:05:29 AM

Quote from: Rebisco on April 07, 2020, 11:50:37 PM

Losing is okay and it is better to lose in the start of our trading journey than to lose when we are already have many experiences in trading. We need to lose sometimes in order to learn, of course if we lose; we will find a way in order to regain it and it will be a trigger for us to study kore harder and better to regain it and minimize the losses.

I agree with you. Because from that loss, we can learn what is the mistake that we made so we can fix it and we can hope that it will not happen in the future. But even if we have experience and have much trade in our journey, the loss will be there, and sometimes we get that mistake because we are not careful in analyze. Minimizing the losses will be better, and I know that we can do that, especially if we can analyze before we do something in trading.

mistakes that have been made and evaluated continuously will make us as experienced traders. by using real capital, I think failure at the beginning is not the end of everything, we only need to arrange techniques and psychology to continue to develop as a true trader. and I think an experienced trader has experienced a loss and finally he rose, and get profit many times over

michellee

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Quote from: Rebisco on April 07, 2020, 11:50:37 PM

Losing is okay and it is better to lose in the start of our trading journey than to lose when we are already have many experiences in trading. We need to lose sometimes in order to learn, of course if we lose; we will find a way in order to regain it and it will be a trigger for us to study kore harder and better to regain it and minimize the losses.

I agree with you. Because from that loss, we can learn what is the mistake that we made so we can fix it and we can hope that it will not happen in the future. But even if we have experience and have much trade in our journey, the loss will be there, and sometimes we get that mistake because we are not careful in analyze. Minimizing the losses will be better, and I know that we can do that, especially if we can analyze before we do something in trading.

Rebisco

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Losing is okay and it is better to lose in the start of our trading journey than to lose when we are already have many experiences in trading. We need to lose sometimes in order to learn, of course if we lose; we will find a way in order to regain it and it will be a trigger for us to study kore harder and better to regain it and minimize the losses.

GrayFullbuster

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Quote from: flagpara on April 07, 2020, 07:21:43 PM

Quote from: Ifemini on April 03, 2020, 02:09:57 PM

One of the core troubles accustomed to traders of crypto currency is their mindset.

Believe me, as a trader, you need to be confident and always trade to win and make profits.

Never have it in mind that you are trading to lose, develop a strong mentality and always dyor

Your mindsets determines what you see on a trade chart anytime

Instead worry about losing money think about what you have done wrong before start another trade. After all the matter only experience will makes you easier to do next steps. Because I believe trade is not about what you think, always trade means lose and profits. You are lucky if you do trade before golden time of crypto.

People are keep worrying to money that can lose than the money that they can gain if they will make investment. Their emotion is full of fear that makes them a weak investors because they are afraid to take high risks and also lose the money of thir investments that is why we should only invest money that we can afford to lose.

flagpara

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Quote from: Ifemini on April 03, 2020, 02:09:57 PM

One of the core troubles accustomed to traders of crypto currency is their mindset.

Believe me, as a trader, you need to be confident and always trade to win and make profits.

Never have it in mind that you are trading to lose, develop a strong mentality and always dyor

Your mindsets determines what you see on a trade chart anytime

Instead worry about losing money think about what you have done wrong before start another trade. After all the matter only experience will makes you easier to do next steps. Because I believe trade is not about what you think, always trade means lose and profits. You are lucky if you do trade before golden time of crypto.

travwill

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Quote from: wozzek23 on April 07, 2020, 12:53:43 PM

Quote from: Slow death on April 07, 2020, 10:02:45 AM

People's advice most of the time is advice from people who did not trade or who did trade in the past and suffered losses, but as they want to sell courses and books they continue to give advice on trade

In my experience we cannot trade better just because of other's advises and suggestions. We need to learn by heart which might be possible only when we are experiencing things by our own. This is the reason people are always suggesting about start trading with very least capital so that they may lose little but may gain all the required experiences.

We can avoid a number of mistakes by listening to advice, but more often than not, it is the commission of these errors that moves us towards progress.
More precisely, the recognition of our mistakes and work on them greatly increases our skill level.
Often you have to pay for mistakes, so it’s best if this amount is as small as possible if you are a beginner.

Tomcolor

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According to my opinion what you want trading, holding or investment as your wish but you need learned more about it, how you do choice a best project for your planing. So if you want more profitable for trading then you have to good skills that's means you need learned more about it.

betty11

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No one plans to lost in trading, but when you least expect, the market can have a reversal for no just reason. I have been trading for some time now, sorry I swing trade altcoins while I just hold BTC and never FOMO on it. Trading is a hard task and combining it with bounty can be very stressful.

wozzek23

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Quote from: Slow death on April 07, 2020, 10:02:45 AM

talking is very easy, but doing is very difficult. when the person is making a trade and is having losses he clearly realizes that things are not simple and the person must make decisions that most of the time is a decision that will cost him many losses.

Only those traders who are rushing toward chasing profits might be starting their trading just after listening to other people or just after seeing other people's fake performances or anything similar to that. These types of trader are mostly skipping the part of learning strategies and techniques about trading; when they are in hurry to chase profits definitely they cannot focus on learning things.

Quote from: Slow death on April 07, 2020, 10:02:45 AM

People's advice most of the time is advice from people who did not trade or who did trade in the past and suffered losses, but as they want to sell courses and books they continue to give advice on trade

In my experience we cannot trade better just because of other's advises and suggestions. We need to learn by heart which might be possible only when we are experiencing things by our own. This is the reason people are always suggesting about start trading with very least capital so that they may lose little but may gain all the required experiences.

chainese

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Trading welcomes everyone, but not everyone has the ability to pay high costs for learning. When studying this difficult subject, you necesseraly need to lost plenty of money - that is your courses. No official study programs, but be ready for much failed trades.

ethereumhunter

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Quote from: SacriFries11 on April 07, 2020, 05:25:13 AM

Quote from: Smitty Werben Man Jensen on April 07, 2020, 02:52:03 AM

of course traders must learn from the mistakes they have made, it is very difficult, but it can make you more confident, and indeed it takes time to get up, if you don't want to lose your money too much, use small capital, your emotions will surely will be controlled

Some mistakes will happen again if we don't take it seriously and sometimes a small mistakes/decisions will lead us to a big problem. Confident on trading will come to you if we already knew every detail, strategies and analyze in the markets. There are many strategies you can do to make profit in trading and all you have to do is find the best strategy that you can easily do then find other strategy that can may help you more in other trading. I believe that everything will be in proper order in the right time of trading. We must trust the process of learning every day.

As long as we can learn from the mistake, and we can prevent from making the same mistake, we can recover what we lost. Sometimes, when we make a profit, we will feel confident, and for some people, that confidence will become bigger and makes them overconfident. So you need to stay calm in any situations even if you are making a big profit. Yes, I agree that with learning about the strategy, you will have a chance to make a profit, so you need to apply every strategy with the current situations, and make sure to know when the right time to trade.

Bitcoinislife09

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Quote from: cengat on April 03, 2020, 02:47:34 PM

Quote from: Ifemini on April 03, 2020, 02:09:57 PM

One of the core troubles accustomed to traders of crypto currency is their mindset.
Believe me, as a trader, you need to be confident and always trade to win and make profits.
Never have it in mind that you are trading to lose, develop a strong mentality and always dyor
Your mindsets determines what you see on a trade chart anytime

Honestly it is more likely that traders need to learn more about companies/coins they are investing in.
Your attitude and confidence matters for your mental health, not for results and profit

Traders must be very intelligent in choosing which site are they gonna invest their bitcoins. Because there are many websites that offer investment of bitcoin but not all are legit. Some investing sites are scam and you need to be careful so that your bitcoin will not be put into vain. As a bitcoin owner you have to research further about bitcoin and ask for those people who already invested so that you may have a living testimony of it and you will surely succeed and choosed a legit bitcoin investment site.

Slow death

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talking is very easy, but doing is very difficult. when the person is making a trade and is having losses he clearly realizes that things are not simple and the person must make decisions that most of the time is a decision that will cost him many losses. People's advice most of the time is advice from people who did not trade or who did trade in the past and suffered losses, but as they want to sell courses and books they continue to give advice on trade

petuel

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Quote from: SacriFries11 on April 07, 2020, 05:25:13 AM

Quote from: Smitty Werben Man Jensen on April 07, 2020, 02:52:03 AM

of course traders must learn from the mistakes they have made, it is very difficult, but it can make you more confident, and indeed it takes time to get up, if you don't want to lose your money too much, use small capital, your emotions will surely will be controlled

Some mistakes will happen again if we don't take it seriously and sometimes a small mistakes/decisions will lead us to a big problem. Confident on trading will come to you if we already knew every detail, strategies and analyze in the markets. There are many strategies you can do to make profit in trading and all you have to do is find the best strategy that you can easily do then find other strategy that can may help you more in other trading. I believe that everything will be in proper order in the right time of trading. We must trust the process of learning every day.

Can't disagree on that actually.
However OP was referring more to inner confidence than to real technical knowledge - which I do not support.
I claim over confident traders as petty tyrant, because you have to be careful about your own money

SacriFries11

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Quote from: Smitty Werben Man Jensen on April 07, 2020, 02:52:03 AM

of course traders must learn from the mistakes they have made, it is very difficult, but it can make you more confident, and indeed it takes time to get up, if you don't want to lose your money too much, use small capital, your emotions will surely will be controlled

Some mistakes will happen again if we don't take it seriously and sometimes a small mistakes/decisions will lead us to a big problem. Confident on trading will come to you if we already knew every detail, strategies and analyze in the markets. There are many strategies you can do to make profit in trading and all you have to do is find the best strategy that you can easily do then find other strategy that can may help you more in other trading. I believe that everything will be in proper order in the right time of trading. We must trust the process of learning every day.

pikkie

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Quote from: Ashong Salonga on April 07, 2020, 03:36:17 AM

Quote from: Ifemini on April 03, 2020, 02:09:57 PM

One of the core troubles accustomed to traders of crypto currency is their mindset.

Believe me, as a trader, you need to be confident and always trade to win and make profits.

Never have it in mind that you are trading to lose, develop a strong mentality and always dyor

Your mindsets determines what you see on a trade chart anytime

I agree. As a trader we must have a strong control with our mindset as well as being able to hold into our emotions not to affect that decision making we are going to decide. Always have an optimistic approach at everything and do not doubt your decision into the trading strategy you have made. Always think that you will going to make profit from every trades although the reality is there are risks that can be associated on doing such, like experiencing loss. Always have in mind that loss is part of trading and investment but it must not discourage you to continue what you are doing. If you already experienced great loss, pause for a moment, think deeply and observe on which part you must improve to be able to gain profit the next time you do trading. Never give up on trading, just be confident and never doubt yourself.

unfortunately there are many new traders who cannot control their emotions so they are still often affected by the situation of market conditions that suddenly rise or fall, traders should buy when conditions fall or do not have a price increase because when such a potential will get caught in the price high and will make traders lose.

Topic: Traders need to learn (Read 860 times)