Traders who never bother to learn how to trade

TitanGEL

sr. member

Activity: 1036

Merit: 281

Quote from: Quidat on November 18, 2020, 04:33:49 PM

Quote from: ?? on ??

Quote from: proTECH77 on November 14, 2020, 08:54:00 AM

Any trader that failed to learn how to trade in the market will find it difficult to earn well like other traders who learned before trading in the market. With a lot of impact you have received from those who put you through, how to trade and make a good profit without experience any loss like the way others trader who fail to learn experience loss and scammer in the market..
Many think trading is a something you can just jump into and start making income from the trade. Any trader who never bother to learn, will find it difficult to trade well in the place of profit making.

You can think anything, in reality, when you face problems, you start thinking correctly. The more difficult the situation in which you find, the more correctly you will think in order to get out of this situation.
The same is true in any area. At first it is difficult for you and you suffer losses, then you gain skill and start earning. A matter of patience and diligence.

You would learn thru experience thats why its important for you to make trades and do let yourself learn into those challenges that you are facing.
Letting yourself do dragged with the emotion of being scared and uneasy due to losses then this will be a reason for you to be in hindrance.
If you do like to sustain into this market then you should learn up things according on what you had experienced.
Losses is always there the important thing is that you do lessen it out by any means and make profit.

Do you know why a lot of people are keep doing FOMO? it is because of lack of experience wherein they think that they will be missing out if they will not buy without planning or anything that can help them to identify where they should buy and when is the right time to sell the coins that they bought. FOMO is one of the problems why many are not making profit and it can be an obstacle in trading because overcoming it is really hard because there are sets of characteristics that you should have before able to defeat the FOMO like patience and discipline. Patience is really important because it can help us to execute the best strategy in our mind where we can buy at the perfect area where it can give us huge gain whenever the price make swing high.

Quidat

hero member

Activity: 2688

Merit: 540

DGbet.fun - Crypto Sportsbook

Quote from: ?? on ??

Quote from: proTECH77 on November 14, 2020, 08:54:00 AM

Any trader that failed to learn how to trade in the market will find it difficult to earn well like other traders who learned before trading in the market. With a lot of impact you have received from those who put you through, how to trade and make a good profit without experience any loss like the way others trader who fail to learn experience loss and scammer in the market..
Many think trading is a something you can just jump into and start making income from the trade. Any trader who never bother to learn, will find it difficult to trade well in the place of profit making.

You can think anything, in reality, when you face problems, you start thinking correctly. The more difficult the situation in which you find, the more correctly you will think in order to get out of this situation.
The same is true in any area. At first it is difficult for you and you suffer losses, then you gain skill and start earning. A matter of patience and diligence.

You would learn thru experience thats why its important for you to make trades and do let yourself learn into those challenges that you are facing.
Letting yourself do dragged with the emotion of being scared and uneasy due to losses then this will be a reason for you to be in hindrance.
If you do like to sustain into this market then you should learn up things according on what you had experienced.
Losses is always there the important thing is that you do lessen it out by any means and make profit.

Benefactor

hero member

Activity: 1260

Merit: 504

I don't generally have the foggiest idea what's going on I simply realize what to put resources into and not realizing when to do it and how to do it. Yet, there comes a period that you will hit an impasse and you will imagine that it is smarter to stop yet to be straightforward. Crypto exchanging, you ought not play and attempt without understanding and realizing how do it.

passwordnow

hero member

Activity: 3136

Merit: 591

Leading Crypto Sports Betting & Casino Platform

Quote from: k@suy on November 15, 2020, 06:03:12 AM

Quote from: passwordnow on November 14, 2020, 05:26:13 PM

Quote from: ?? on ??

From my trading experience for 2 years, there will indeed be losses that always accompany,
and what you say about psychology must be maintained is the right thing,
because the number one thing you have to do is keep your emotional level when trading.

It's hard to maintain calmness when trading. Being emotional and losing is part of trading but if you manage to control it, you can take advantage of it.
FOMOs, emotions are coming to traders if an uncaught situation comes. Like there's a sudden reversal or pumping but at the end of it, experience what matters and it will be added to your learnings which can be used to your future trades.

Yes that is what I am experiencing right now, I can't handle the nervousness that I am feeling now , i just want to dump my token but I know that it is not the right time, and I know this is actually normal since I am new in trading and I can't afford to lose too much, but then everything will be charge to experience and I will be proud to myself that I rely in my strength and not to the other people.

It is ok to explore as you trade but don't be caught off-guarded as you trade because you will eventually learn a lot of things. And that includes the control of your emotion.
Once you managed to overcome it and you're already good at managing it, you will learn a technique from within.
Don't be like other traders that are buying and selling due to emotion without analysis and plan as they watch the market.

EdenHazard

legendary

Activity: 2674

Merit: 1048

Quote from: passwordnow on November 14, 2020, 05:26:13 PM

Quote from: ?? on ??

From my trading experience for 2 years, there will indeed be losses that always accompany,
and what you say about psychology must be maintained is the right thing,
because the number one thing you have to do is keep your emotional level when trading.

It's hard to maintain calmness when trading. Being emotional and losing is part of trading but if you manage to control it, you can take advantage of it.
FOMOs, emotions are coming to traders if an uncaught situation comes. Like there's a sudden reversal or pumping but at the end of it, experience what matters and it will be added to your learnings which can be used to your future trades.

It's useless even when you have years in experience but learn nothing from it.
I mean when you have a huge loss history in your portofolio due the lack of knowledge knowing the technical analysis.. fundamentals etc , but then you repeat it in the future to have that huge loss . That's damn too dumb.

Being experienced trader is indeed beneficial, but improving skills that much more important ratger than just proud being experienced one but had zero knowledge.

k@suy

sr. member

Activity: 882

Merit: 269

Quote from: passwordnow on November 14, 2020, 05:26:13 PM

Quote from: ?? on ??

From my trading experience for 2 years, there will indeed be losses that always accompany,
and what you say about psychology must be maintained is the right thing,
because the number one thing you have to do is keep your emotional level when trading.

It's hard to maintain calmness when trading. Being emotional and losing is part of trading but if you manage to control it, you can take advantage of it.
FOMOs, emotions are coming to traders if an uncaught situation comes. Like there's a sudden reversal or pumping but at the end of it, experience what matters and it will be added to your learnings which can be used to your future trades.

Yes that is what I am experiencing right now, I can't handle the nervousness that I am feeling now , i just want to dump my token but I know that it is not the right time, and I know this is actually normal since I am new in trading and I can't afford to lose too much, but then everything will be charge to experience and I will be proud to myself that I rely in my strength and not to the other people.

KnightElite

sr. member

Activity: 924

Merit: 275

Quote from: passwordnow on November 14, 2020, 05:26:13 PM

Quote from: ?? on ??

From my trading experience for 2 years, there will indeed be losses that always accompany,
and what you say about psychology must be maintained is the right thing,
because the number one thing you have to do is keep your emotional level when trading.

It's hard to maintain calmness when trading. Being emotional and losing is part of trading but if you manage to control it, you can take advantage of it.
FOMOs, emotions are coming to traders if an uncaught situation comes. Like there's a sudden reversal or pumping but at the end of it, experience what matters and it will be added to your learnings which can be used to your future trades.

Emotional awareness is important in trading and there is misconceptions where many people out there thinks that trading is all about charts, candlesticks, news and market sentiments. They do not know that trading psychology is the most important in order to become profitable trader. We are humans so we have emotions that can help us form thoughts where it can lead to action. If we are not aware on our own psychology when we do trading, it is more likely that we can create mistakes and bad decisions that can result to the decrease of our capital. Managing our emotions and being aware can help us to form good decisions and avoid some mistakes. For those who are starting to learn how to trade, I'd like you to also study tradung psychology because it can help you to achieve what you want.

Hamphser

sr. member

Activity: 2604

Merit: 338

Vave.com - Crypto Casino

Quote from: passwordnow on November 14, 2020, 05:26:13 PM

Quote from: ?? on ??

From my trading experience for 2 years, there will indeed be losses that always accompany,
and what you say about psychology must be maintained is the right thing,
because the number one thing you have to do is keep your emotional level when trading.

It's hard to maintain calmness when trading. Being emotional and losing is part of trading but if you manage to control it, you can take advantage of it.
FOMOs, emotions are coming to traders if an uncaught situation comes. Like there's a sudden reversal or pumping but at the end of it, experience what matters and it will be added to your learnings which can be used to your future trades.

Mistakes are the best teachers and very useful towards your progress as a successful trader and its normal for you to accept and get used to it because if you do just
easily quit just because youre too lazy and too afraid to take the risk then its your choice but be sure that you wont regret because you wont never ever learn if you do let
things go as you pleased.We do need up some sacrifices too for us to learn and not just take the easy path.

You can make use other analysis as preference but never ever tend to be relying on it because we can create our own and its much worth if we do stick
to our own trading ways.

passwordnow

hero member

Activity: 3136

Merit: 591

Leading Crypto Sports Betting & Casino Platform

Quote from: ?? on ??

From my trading experience for 2 years, there will indeed be losses that always accompany,
and what you say about psychology must be maintained is the right thing,
because the number one thing you have to do is keep your emotional level when trading.

It's hard to maintain calmness when trading. Being emotional and losing is part of trading but if you manage to control it, you can take advantage of it.
FOMOs, emotions are coming to traders if an uncaught situation comes. Like there's a sudden reversal or pumping but at the end of it, experience what matters and it will be added to your learnings which can be used to your future trades.

DevilSlayer

sr. member

Activity: 1456

Merit: 359

Quote from: redsun114 on November 13, 2020, 03:04:06 PM

Quote from: Sirait on November 10, 2020, 10:56:19 AM

Quote from: JohnBitCo on July 28, 2019, 12:40:09 AM

Unfortunately there is no institution or schools which teach the trading. Most people learn trading through internet and YouTube videos and that too they are not fully learning it. Getting a small knowledge and then jumped into the live trading will never make you good returns in trading.

^ There is nothing wrong with learning to trade on YouTube or seminars because many of the successes come from there. Trading is a matter of habit, no matter you have a little or a lot of capital, if you are not used to trading then you will not have the mentality of a trader.

The bad thing that newbie traders often do is they think trading is easy and when they lose once they think trading is a scam and don't suit them.

Especially the crypto market because of its volatility and volume that comes with it. When I was new into BTC and I developed a habit of saving coins and the price dropped I used to think like the whole crypto thing is a scam and doing conspiracy against me but with time I understood how explosive and volatile the market is and how to adapt with it.

I strongly suggest anyone who is new into trading to first make a demo account an trade with it for months before getting into with real money because crypto trading without knowledge and adaptability is nothing more than a no house edge based gambling.

There is no easy money in trading and it is one of the misconception that I want to remove in every trading community because nowadays most of the communities are very toxic wherein there is a high chance that a trader can never achieve financial freedom if he did not change his bad habits, a lot of traders are putting real money quickly without putting in their own education first and the result is obvious which they lose their hard earned money and they will rant wherein they will say "trading is very risky". They do not understand how trading works and for me it is the reason why they are not earning money in trading wherein they treat it like as gambling. Trading and gambling are different and we cannot say that trading is like a gambling because trading can give us more conviction than gambling especially if we have prior knowledge and also backup ideas created by famous traders.

proTECH77

member

Activity: 1120

Merit: 30

Bisq Market Day - March 20th 2023

Any trader that failed to learn how to trade in the market will find it difficult to earn well like other traders who learned before trading in the market. With a lot of impact you have received from those who put you through, how to trade and make a good profit without experience any loss like the way others trader who fail to learn experience loss and scammer in the market..
Many think trading is a something you can just jump into and start making income from the trade. Any trader who never bother to learn, will find it difficult to trade well in the place of profit making.

ice098

hero member

Activity: 1498

Merit: 586

Quote from: Sirait on November 10, 2020, 10:56:19 AM

Quote from: JohnBitCo on July 28, 2019, 12:40:09 AM

Unfortunately there is no institution or schools which teach the trading. Most people learn trading through internet and YouTube videos and that too they are not fully learning it. Getting a small knowledge and then jumped into the live trading will never make you good returns in trading.

^ There is nothing wrong with learning to trade on YouTube or seminars because many of the successes come from there. Trading is a matter of habit, no matter you have a little or a lot of capital, if you are not used to trading then you will not have the mentality of a trader.

The bad thing that newbie traders often do is they think trading is easy and when they lose once they think trading is a scam and don't suit them.

actually I am also learning through YouTube and still learning from other materials as well, it will be a big help that we can actually learn to trade in an open source website that we do not need to pay or to subscribe that will cost us money, we need to be a well skilled trader for us not to depend on other people's trade and decision.

redsun114

hero member

Activity: 2730

Merit: 585

Leading Crypto Sports Betting & Casino Platform

Quote from: Sirait on November 10, 2020, 10:56:19 AM

Quote from: JohnBitCo on July 28, 2019, 12:40:09 AM

Unfortunately there is no institution or schools which teach the trading. Most people learn trading through internet and YouTube videos and that too they are not fully learning it. Getting a small knowledge and then jumped into the live trading will never make you good returns in trading.

^ There is nothing wrong with learning to trade on YouTube or seminars because many of the successes come from there. Trading is a matter of habit, no matter you have a little or a lot of capital, if you are not used to trading then you will not have the mentality of a trader.

The bad thing that newbie traders often do is they think trading is easy and when they lose once they think trading is a scam and don't suit them.

Especially the crypto market because of its volatility and volume that comes with it. When I was new into BTC and I developed a habit of saving coins and the price dropped I used to think like the whole crypto thing is a scam and doing conspiracy against me but with time I understood how explosive and volatile the market is and how to adapt with it.

I strongly suggest anyone who is new into trading to first make a demo account an trade with it for months before getting into with real money because crypto trading without knowledge and adaptability is nothing more than a no house edge based gambling.

New.in.trading

member

Activity: 211

Merit: 20

Quote from: Mr_Akbar on July 27, 2019, 10:32:37 PM

My cat is a perfect example of that. Cats are purpose built to be the ultimate killing machines, but my cat has no idea how to hunt.
She tried to chase after a spider this morning, but spent more time dancing around it than actually swiping at it. Plus, she constantly lost track of the thing and would start to wander off.

She's not the smartest cat on the block by any means, but the reason she's a terrible hunter is because she never learned how to do it properly.
If I didn't feed her every day, she'd be toast.

If a cat whose nature it is to hunt can’t do so without being taught, what chance do traders have without solid education?

I prefer to take my dogs as role models. French Bulldogs. Lazy ass bitches:

-they only move if necessary (I only trade if "necessary" / best Setups)
-if they move, they move the absolute minimum distance to achieve their goal (I set a target for every trade, and in case it goes against me, I close it early. It TP gets hit, I am out of the trade)
-most important: If they want something (food) they are maximum persistent (I wanted to become a trader, and obviously lost some money to the market, but I never quit, just like my hungry dogs)

so I guess there is always something to adapt from mother nature, when trading BTC USD

XZERO1

member

Activity: 518

Merit: 33

Quote from: Mr_Akbar on July 27, 2019, 10:32:37 PM

It pains me to watch new traders jump in head first without first learning what to do.

Some are smart enough to go at it with just a tiny amount of money at first...
...but most don't.

Only a tiny portion of new traders actually put in the effort to learn the ropes before they start.

The problem is that they believe it's easy money with trading while as a matter of fact it can be way harder than many other jobs mentally, yeah you won't get tired physically that much but your mind is always working and with crypto that has 24hr trading it's even worse so you can burn out quite easily, I think most of these people won't make any effort to learn something and read anything like risk management, TA and FA until they personally take a considerable loss, I know for a fact that there are some people that don't believe in using stop-loss, the core problem is that they mostly fail to realize that every green market will eventually have to turn read at some point.

begau

sr. member

Activity: 795

Merit: 251

Quote from: Sirait on November 10, 2020, 10:56:19 AM

Quote from: JohnBitCo on July 28, 2019, 12:40:09 AM

Unfortunately there is no institution or schools which teach the trading. Most people learn trading through internet and YouTube videos and that too they are not fully learning it. Getting a small knowledge and then jumped into the live trading will never make you good returns in trading.

^ There is nothing wrong with learning to trade on YouTube or seminars because many of the successes come from there. Trading is a matter of habit, no matter you have a little or a lot of capital, if you are not used to trading then you will not have the mentality of a trader.

The bad thing that newbie traders often do is they think trading is easy and when they lose once they think trading is a scam and don't suit them.

Psychology is an key factor in trading and newbies are never allowed to feel trading is easy even though they make a little profit on the first trade. Learning is never redundant, it helps us to avoid mistakes, in trading the more serious need to learn.

TheGreatPython

sr. member

Activity: 2660

Merit: 339

Quote from: gwdf1 on November 03, 2020, 04:03:28 PM

Probably, you are a newbie in trading. I would recommend you the following: you can always check the information given in telegram and other sources (I mean signals you are writing about). However, take all decisions only by yourself, personally.

But these signals create a dilemma in your mind and you are often carried away by the fact that experts must know better than you and you just follow their signals. I don't believe in watching or following any signals, if you are looking for people to provide tips/signals you are not in the right mindset for trading.

Quote from: Tingtong on November 02, 2020, 06:22:42 AM

I leaen trade multiple way that blog article, youtube and many telegram group. Many telegram group give me trading signal that buy price and sell price.

Taking signals from experts is good how do you determine the guys that are giving you signals are actually experts or just incompetent guys who are trying to fulfill their desires of crypto trading through your money. I don't know if they are good and I have no right to speak against them but from my experience I have never seen a signal group that provides accurate or even signals with 75% accuracy. If you have one that does it, please also link us to it.

Sirait

full member

Activity: 1890

Merit: 101

Quote from: JohnBitCo on July 28, 2019, 12:40:09 AM

Unfortunately there is no institution or schools which teach the trading. Most people learn trading through internet and YouTube videos and that too they are not fully learning it. Getting a small knowledge and then jumped into the live trading will never make you good returns in trading.

^ There is nothing wrong with learning to trade on YouTube or seminars because many of the successes come from there. Trading is a matter of habit, no matter you have a little or a lot of capital, if you are not used to trading then you will not have the mentality of a trader.

The bad thing that newbie traders often do is they think trading is easy and when they lose once they think trading is a scam and don't suit them.

Smartvirus

legendary

Activity: 1554

Merit: 1139

One thing that gives people the mindset of the fact that they can actually be traders without learning a thing or two about what happens in the market or how trading works is because, they are very much familiar with the fact that, your advised to buy when the coin is rising and sell when it's falling. That way, your sure to make profit. It's true, this is very true but, there is a way to this and that's what a lot of traders don't understand.

Despite that a coin might be rising, there is what we call Base and Quote. This is where the trick lies. If you don't understand the concept behind this two terms in trading, your sure to place trades wrongly and end up loosing and loosing even more.

coiner-88

member

Activity: 537

Merit: 10

The market makes it so natural for anybody to see him as a broker as far they can effectively purchase and sell digital money so they try not to teach themselves on procuring the aptitudes important to be a fruitful merchant. To make a benefit from exchanging isn't simple, and they have to find out increasingly more about exchanging so they will get an opportunity to get the benefit.

Topic: Traders who never bother to learn how to trade (Read 3330 times)