Traders paradise - page 7. | Bitcointalksearch.org

Silberman

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Quote from: tvplus006 on April 27, 2022, 09:41:16 AM

Quote from: Tellek Garing on April 22, 2022, 11:07:40 AM

...Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture

In such cases, they say: a negative result is also a result and you should regard it as an acquired experience. It is impossible to trade successfully without experience, even if you have theoretical knowledge. But if you have not yet received enough theoretical knowledge, you need to wait with trading on a real account, using a demo account for this.

True, if we develop a strategy and we use a demo account to trade it and then we realize after enough trades have been conducted that it is not profitable we may get discouraged by the results, but the truth is that we got very valuable data, as the next time that we create a strategy the chances that it will be profitable will go up as we are bound to realize the weaknesses of the previous strategy that we created, so as long as someone does not quit during the middle of the process then creating a winning strategy is a given and then they can finally trade for real.

Anguwa

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Quote from: Tellek Garing on April 22, 2022, 11:07:40 AM

Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture

Basically crypto trading has ups and down situations, which must be taking into consideration. Because your friend has succeeded in trading doesn't mean you will also succeed, most times its a luck but more knowledge and understanding about cryptocurrency trading is needed in order to succeed in trading. Maybe his trading patterns were different from yours and maybe you start trading at the wrong time when crypto Market red.

Tellek Garing

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Quote from: GeorgeJohn on April 26, 2022, 05:04:45 PM

Quote from: palle11 on April 22, 2022, 01:08:46 PM

It is better for you at the early stage that you are seeing some losses so you can begin early to work it rather not when you think that you have knowledge in trading and you begin to lose money. This stage is learning stage and see your losses that way too. Your friend is showing you profit but not losses and this is what most traders do to win people over in their trade for copy trading. Don't trade with high leverage if you want to succeed in the market.

No trader that doesn't have a loophole and it's very obvious that trader most have undergoes lost at initial stages before taking correction of the market and when looking it someone have to get pure knowledge of trading before going into it, and most newbies who is ready to trade personally learn with correction, except the situation that the user want to lose money

Thanks for this in-depth response to this subject matter can you identify the exceptional cases you mentioned, your point of view seems to break down this discussion to my level of understanding and I will love to spread more details of the exceptional cases you mentioned where user will want to lose money?

tvplus006

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To the Moon

Quote from: Tellek Garing on April 22, 2022, 11:07:40 AM

...Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture

In such cases, they say: a negative result is also a result and you should regard it as an acquired experience. It is impossible to trade successfully without experience, even if you have theoretical knowledge. But if you have not yet received enough theoretical knowledge, you need to wait with trading on a real account, using a demo account for this.

GeorgeJohn

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Quote from: palle11 on April 22, 2022, 01:08:46 PM

It is better for you at the early stage that you are seeing some losses so you can begin early to work it rather not when you think that you have knowledge in trading and you begin to lose money. This stage is learning stage and see your losses that way too. Your friend is showing you profit but not losses and this is what most traders do to win people over in their trade for copy trading. Don't trade with high leverage if you want to succeed in the market.

No trader that doesn't have a loophole and it's very obvious that trader most have undergoes lost at initial stages before taking correction of the market and when looking it someone have to get pure knowledge of trading before going into it, and most newbies who is ready to trade personally learn with correction, except the situation that the user want to lose money

justdimin

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Quote from: Ararbermas on April 25, 2022, 08:02:22 AM

i have a friend who always pro when it comes crypto. but tbh i never ask him to teach me because it would be awkward because i know trading will not be so easy and surely it will take too long before i understand the whole thing and become a good trader.

So i make my own research, until i found a good source to learn trading. Now he see me making money as well and i'm proud of my self because i didn't rely to anyone.

It is really not that difficult if your friend could explain to you in a way that you could understand. I had a friend who jokingly explained something to me like he was talking to a kid and that actually did allow me to get it. I mean it didn't had to be that simple like he was talking to a 5 year old kid, but at the same time, wouldn't you understand something that a 5 year old can?

It means if there is something you do not understand, turning that into like you are explaining it to a kid would actually benefit you. It started as a joke and now we seriously explain things that way because it makes things so easy to understand and does allow us to move forward quicker.

Tellek Garing

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Quote from: libert19 on April 26, 2022, 05:39:03 AM

There is always two sides, no matter how pro one may be, there are always losses involved.

Thanks for this response, there are always two way to this game either you win or you lose but most pro traders make it look as if it is impossible for them to lose at some point.

That way the tend to only make their profits more pronounced than their loses which is wrong most especially when dealing with a newbie to trading.

Oilacris

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Quote from: Tellek Garing on April 22, 2022, 11:07:40 AM

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading, but I have known him for crypto trading for close to two years now and in this period I only saw his success stories.

Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture

Dont tend to make yourself to be ending up on similar on what you are seeing with your friend in speaking with success or being profitable because this isnt something a skill that someone could able to

apply to their selves and make their selves profitable too on just looking because you dont know on how many fails and mistakes your friend had able to experience before he do
reach out into that state and pretty much sure that it isnt something that simple.

Therefore, if you do really like to be like him then you should learn from real experience and with his guidance if ever he would really be helping you out at least.

barbara44

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You mean to say that your friend never show you his losses but only show his profits alone? But, if you are really curious about the losses more than his profits, you should ask him about this, not us because we don't know your friend. It's fine that you will have a hard time as a beginner because you are only just a beginner anyway but once you overcome this, the next steps are not going to be that hard.

You realized that your friend is lying because he don't seem to experience what you have experience when you start trading but don't worry because all pro traders experience that but sometimes they just prefer to be positive by only showing their gains. They don't want to remember their bad start anymore.

libert19

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There is always two sides, no matter how pro one may be, there are always losses involved.

Ahli38

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Quote from: Zilon on April 25, 2022, 11:47:06 AM

Every pro trader started on a rough lane of consistent losses. Even as a pro having occasional loss is not as awkward as many new trader are meant to believe it is. Becoming good in crypto trading, speculations, analysis and even development is a time bound process. Every good skill is born out of determination, devotion and persistence

which means nothing is instant and easy as imagined by people who have not plunged themselves. everything through the process. and the process has many obstacles that must be passed to become a reliable trader. and you are right it is time bound and takes a long time to become an expert.

iged_war

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Quote from: Kimonoe on April 25, 2022, 02:06:34 AM

I think your friend can already enjoy the world of cryptocurrency trading, especially if his real assets seem to be increasing, he will most likely be successful in this field. Of course, 2 years is a long time, and not all analyzes are always correct, therefore he can manage risk, and trade logically, not controlled by lust. By having friends like that of course you are very lucky, because you can share directly, to increase our knowledge

that is great if have real assets from cryptocurrency trading,not all trades could do the same thing. experience and sacrife could tell us how difficult this market going on , maybe alot loss in our first trade.learning from mistakes we have good formula to gain profits consistantly by doing good money management and patience in each entry. hold this key and we will find paradise from crypto market.

Zilon

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Bitcoindata.science

Every pro trader started on a rough lane of consistent losses. Even as a pro having occasional loss is not as awkward as many new trader are meant to believe it is. Becoming good in crypto trading, speculations, analysis and even development is a time bound process. Every good skill is born out of determination, devotion and persistence

Ararbermas

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Quote from: Tellek Garing on April 22, 2022, 11:07:40 AM

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading, but I have known him for crypto trading for close to two years now and in this period I only saw his success stories.

Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture

me too, i have a friend who always pro when it comes crypto. but tbh i never ask him to teach me because it would be awkward because i know trading will not be so easy and surely it will take too long before i understand the whole thing and become a good trader.

So i make my own research, until i found a good source to learn trading. Now he see me making money as well and i'm proud of my self because i didn't rely to anyone.

passwordnow

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Quote from: degaga15 on April 25, 2022, 05:21:05 AM

I also have a friend who is like that, but he invited me and taught me a little how to get bitcoin, so I also tried to play trading, and made a little profit. sometimes we have to start without having to be taught and have to try, even though it has risks.

It's easier if there's someone who's willing to spend their precious time teaching what they've known through their experience in the market. This is a very rare moment when a friend, a true friend wants to do it for free. Because there are folks that have been monetizing with their experience even if they're just the basic ones. Those are not reliable people and don't really want to help people and their friends and they're only wanting to take advantage of newbies.

lienfaye

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Quote from: Tellek Garing on April 22, 2022, 11:07:40 AM

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading, but I have known him for crypto trading for close to two years now and in this period I only saw his success stories.

Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture

If he's earning good as a trader it doesnt mean you can have the same fate too if you try becoming a trader and vice versa. Thus its a must that you have your own understanding and knowledge and not just blinded by the profit that you can possibly earn. Think why he's only showing you his profits and not his overall experience (ups and down as a trader), because its not always a smooth trade. Learn from your experience and improve your skills so you can be a pro trader like those who are already earning decent amount as a trader.

Mauser

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If your friend is only showing you profits, but won't give you anymore information than he is definitely hiding something. There is no trader in the world who only makes profits. Even the best here will have a bad trade from time to time. It's very easy to look like a good trader if you hide your losses. Just buy 10 different alt coins, and after 6 months at least one of them will turn into good profit and the rest who didn't perform you just hide. Don't be discouraged by your friend, its very hard to succeed in trading. You already took the first steps, stick with it. But make sure to manage your expections. Getting rich overnight only happens to a very few lucky people. From every trade you will earn something new. For now focus on getting experience.

degaga15

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I also have a friend who is like that, but he invited me and taught me a little how to get bitcoin, so I also tried to play trading, and made a little profit. sometimes we have to start without having to be taught and have to try, even though it has risks.

Kimonoe

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I think your friend can already enjoy the world of cryptocurrency trading, especially if his real assets seem to be increasing, he will most likely be successful in this field. Of course, 2 years is a long time, and not all analyzes are always correct, therefore he can manage risk, and trade logically, not controlled by lust. By having friends like that of course you are very lucky, because you can share directly, to increase our knowledge

Ahli38

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if you enter into trading only motivated by your friends who are successful in trading then that is a good step but don't make you forget the important things. that is how your friend becomes a reliable trader. and what experiences your friends have gone through in trading. learn experience and knowledge from your friends before you jump into crypto trading. it would be much better. so that it can minimize the bitter experience of losing from trading.

Topic: Traders paradise - page 7. (Read 1656 times)