Trading and investing,and still very broke.why?Is it spiritual? - page 3.

Findingnemo

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Quote from: martyns on December 07, 2022, 03:27:15 AM

I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.

Spiritual? If yes then people who spread the religion should be the rich but why business man and investors are rich!

Keep doing wrong doesn't make it right so if someone is losing despite of their hard work then its time to make changes in their strategy for trader as well as investors.

WalkerIVIV

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I always considers trading and investing not very far from just pure luck, honestly there's some technical analysis and similar things that could boost your chance of having some profit still the luck that you have might be the ones that could gets you lifechanging profit in most your investments, even though there are indeed many things that could affect your trading results and being good at managing money is one of them.

YOSHIE

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Quote from: martyns on December 07, 2022, 03:27:15 AM

I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty, but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.

• Have you passed your patience in trading crypto.
• Do you find it difficult to understand crypto trading correctly, margins, futures, spot and so on.
• Have you correctly chosen the type of crypto you are trading.
• Have you correctly analyzed your crypto trading volume chart on the market.
• Are you really trading with cold money and with enough capital.

Have you seen the movement of Bitcoin in the past 7 days past the lows of $16,408 and the highs of $16,886, didn't you overcome poverty in the past 7 days with a net income of $478, so how do you say trading has spiritual, curse and so on.

I think you yourself are experiencing spiritual, cursed on the basis of your lack of understanding in trading crypto. Suggestion: if you have small capital don't trade, long term investment is suitable for you to do, gather, collect and collect as much, when the time comes pick it up.

posi

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Quote from: livingfree on December 26, 2022, 02:46:10 PM

Quote from: beerlover on December 26, 2022, 01:51:50 PM

People who believing into spiritual aspects in trading or investing are lacking in experiences; once you gather knowledge and experiences then you start believing into your skills by leaving off any kind of external factors.

I believe in spirituality in life but to say that someone who's good in trading and investing yet, not yet well with financial, there has nothing to do with spiritual about it. There are I know of spiritual law but it's not really connected to this.

I agree that it's about lacking of experience.

Don't know how to manage money, finances and someone might have just been from the lowest up to the top and then is having hard time on keeping up on what's happening to himself so, spending is like becoming a YOLO thing.

If you already believe in spirituality, it will affect all your activities including in business. It is true that success cannot depend only on luck or the help of some invisible force, we need to have the knowledge, experience, and proper application to create the expected results. But as we say, no one can predict the future, and there will always be surprises, so no matter how good you are, it still takes a little luck to lead to success. That luck I will call spiritual.

gabbie2010

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Quote from: martyns on December 07, 2022, 03:27:15 AM

I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.

I don't believe the few successful traders are broke though they are few in number, according to statistics 95% traders loses their fund, trading and investment thrive well if you have a huge capital and don't totally rely on it as your main source of income because you will be force to trade just to met up with your monthly or weekly profit target unfortunately might ended up in losing streaks, however with a reasonable capital and a working strategy just a monthly or weekly target of 5% is enough with compounding such profits will amount to big sum of money in the long run this is also applicable with investment too.

crwth

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How can you say and who are those people you are talking about that are consistent in training, but still broke? A lot of people are probably are not making money with reading, but when that happens, usually they stop doing it so I don’t think it will be enough.

Poverty is something that you cannot eradicate because of the over the world that’s the problem, but if you are talking about the people who stay in the poverty line and not do anything about it, that’s going to be the problem of the person.

Alisha-k

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There is no spiritual force anywhere before drawing a conclusion at least analyse what the trader/investor is doing. How patient and emotional are they when they trade, what choice of coin do they go for and how good are they in making investment decisions. Also look at the current trend for investors who buy and hodl. We are in the bear market where all assets are down so no one is making profit hodling at the moment except for arbitrary traders.

beerlover

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Quote from: Slow death on December 26, 2022, 05:17:13 PM

1 - trade: when people enter the market to trade they still don't have much knowledge of the market and don't have practice in day trading and as a result people lose money and get frustrated, but we have to see that in the market even the people who consider themselves gurus are not living on day trade, they took so much damage that they are creating youtube channels to teach other people how to day trade, but these gurus are making money with youtube channels and with books that they keep writing

2 - investment in cryptocurrencies: many people think that it is only to buy today and days later to sell that they will already be with high profits and other people enter the market with the greed of 10X profit but the point is that the market is uncertain, nothing guarantees that will the price go up a lot and how long will it take to go up a lot and as a consequence even when people buy and do hodl they mentally get tired and sell because they have lost hope that the price will go up a lot

I still think that investing is a lot better and it would be impossible to be broke if you did not invested 10 bucks. I mean if you invest a decent amount and wait like lets say 10 years then you will definitely get richer. This is not true if you invest into horrible altcoins, but if you invest into bitcoin or ethereum and keep it there for that long like a decade then you are going to end up with a huge profit.

This is definitely a tough thing because many people can't wait that long, but if you could then it would definitely be something awesome without a doubt. I mean life is not that easy and we are going to end up with a lot of hardship, it's better to get finance out of the way at least.

Wolfblood200$

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In as much as hard work, determination and other positive discipline are important in growing business ,making financial profits ,etc , we should also have it at the back of our mind that there is a place for luck, some people are very lucky that's why they have it smooth and easy on their first try in crypto, whereas some have to go through the extra miles to research and sometimes make some financial loses before they eventually gets it right,
And I will also add that whatever you believe will work for you,
My advice would be that you find yourself among successful people because success is somehow contagious. Thanks

Slow death

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Quote from: martyns on December 07, 2022, 03:27:15 AM

I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.

To answer your question I will separate the themes:

1 - trade: when people enter the market to trade they still don't have much knowledge of the market and don't have practice in day trading and as a result people lose money and get frustrated, but we have to see that in the market even the people who consider themselves gurus are not living on day trade, they took so much damage that they are creating youtube channels to teach other people how to day trade, but these gurus are making money with youtube channels and with books that they keep writing

2 - investment in cryptocurrencies: many people think that it is only to buy today and days later to sell that they will already be with high profits and other people enter the market with the greed of 10X profit but the point is that the market is uncertain, nothing guarantees that will the price go up a lot and how long will it take to go up a lot and as a consequence even when people buy and do hodl they mentally get tired and sell because they have lost hope that the price will go up a lot

Mahanton

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Quote from: Mpamaegbu on December 26, 2022, 03:34:54 PM

Quote from: JoyMarsha on December 26, 2022, 03:13:26 PM

No supernatural force that opposes your success in cryptocurrency trading is to blame for your trading losses. Your ability to understand the market and implement a winning plan will determine how successful you are at trading cryptocurrencies.

Your first and last sentences as quoted here are what every trader should have at the back of their minds during the low moments. Otherwise, they're going to erroneously capitulate into spiritual manipulation. Failing people often find someone to blame for their failures and that's what I see happening with those who blame it on spiritual sort of thing. In a nutshell, there's nothing like spiritual manipulation in trade.

Dont know on why spiritual thing is really getting involved with these stuffs?There's no sense and speaking into those people who do find out that they are succeeding on trading but having
still that feeling of being incomplete or not being happy with those results then i dont know on what they do have in mind.This would re ally falls down on personal problems or matter.
It is really just hard to believe on that there would really be people who cant really be happy specially if they are on the profiting side which lots had failed on this part.
This is why making money would be the main priority of most people since we know on what are the things that we could do if we do have the funds.

Mpamaegbu

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Quote from: JoyMarsha on December 26, 2022, 03:13:26 PM

No supernatural force that opposes your success in cryptocurrency trading is to blame for your trading losses. Your ability to understand the market and implement a winning plan will determine how successful you are at trading cryptocurrencies.

Your first and last sentences as quoted here are what every trader should have at the back of their minds during the low moments. Otherwise, they're going to erroneously capitulate into spiritual manipulation. Failing people often find someone to blame for their failures and that's what I see happening with those who blame it on spiritual sort of thing. In a nutshell, there's nothing like spiritual manipulation in trade.

JoyMarsha

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Being active in cryptocurrency trading does not guarantee financial success. Putting out the theory that spiritual powers are to blame for your trading loss will be funny. Given that the market is unpredictable and volatile, how is it even conceivable?

No supernatural force that opposes your success in cryptocurrency trading is to blame for your trading losses. Your ability to understand the market and implement a winning plan will determine how successful you are at trading cryptocurrencies.

livingfree

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Quote from: beerlover on December 26, 2022, 01:51:50 PM

People who believing into spiritual aspects in trading or investing are lacking in experiences; once you gather knowledge and experiences then you start believing into your skills by leaving off any kind of external factors.

I believe in spirituality in life but to say that someone who's good in trading and investing yet, not yet well with financial, there has nothing to do with spiritual about it. There are I know of spiritual law but it's not really connected to this.

I agree that it's about lacking of experience.

Don't know how to manage money, finances and someone might have just been from the lowest up to the top and then is having hard time on keeping up on what's happening to himself so, spending is like becoming a YOLO thing.

beerlover

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Quote from: tvplus006 on December 26, 2022, 09:02:39 AM

Quote from: martyns on December 07, 2022, 03:27:15 AM

I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,

The concept of poverty and wealth is a relative value, depending on the meaning that you put into it. But we can definitely say that it is much easier to earn a million dollars with 5 million available than to earn a million with $100 in your asset.

Your capital is only 10% influencing in your outcome but plan and experiences are occupying the remaining 90% which is the reason proven successfully people are easily making more money. In my opinion, earning a million from $100 is also possible for the experienced people (given that ignoring the time frame).

People who believing into spiritual aspects in trading or investing are lacking in experiences; once you gather knowledge and experiences then you start believing into your skills by leaving off any kind of external factors.

tvplus006

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Quote from: martyns on December 07, 2022, 03:27:15 AM

I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,

The concept of poverty and wealth is a relative value, depending on the meaning that you put into it. But we can definitely say that it is much easier to earn a million dollars with 5 million available than to earn a million with $100 in your asset.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Strongkored on December 23, 2022, 10:54:09 PM

If he remains poor or doesn't produce anything significant then the job is not suitable for him, then he needs to do another job or also because he doesn't trade with sufficient skills done in the wrong way i.e. based on people's words and so on. If he continues trading without results then he is not wise because he stays in activities that do not provide any profit at all, curses and so on are just myths and have no basis.

I think that mistakes need to be corrected even though mistakes are made everyday. Not everyone is going to have a good time trading, mistakes are made but correcting mistakes are not commonly done by anybody.

The importance of the job is to keep the regular income. I don't keep the date idea at all. Rather I believe that if you are cunning enough, you can make money in trading while keeping a job intact. Whether you get lucky or not makes a difference but you can maintain a regular income from trading that way.

Hypnosis00

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Quote from: Strongkored on December 23, 2022, 10:54:09 PM

Quote from: martyns on December 07, 2022, 03:27:15 AM

I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.

If he remains poor or doesn't produce anything significant then the job is not suitable for him, then he needs to do another job or also because he doesn't trade with sufficient skills done in the wrong way i.e. based on people's words and so on. If he continues trading without results then he is not wise because he stays in activities that do not provide any profit at all, curses and so on are just myths and have no basis.

In that case, that person must have to give and accept the fact that he is not good at this place. He might find another way to earn money that seems to be suitable for him where he can apply his knowledge and skill - of course, to stay in their comfort zone.
In trading, it was also important to know our limitations. I agree that we all have been given equal chance to trade but if there are no improvements for several months in trading, I don't think we have a reason to stay it was rather to move on.

Strongkored

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Quote from: martyns on December 07, 2022, 03:27:15 AM

I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.

If he remains poor or doesn't produce anything significant then the job is not suitable for him, then he needs to do another job or also because he doesn't trade with sufficient skills done in the wrong way i.e. based on people's words and so on. If he continues trading without results then he is not wise because he stays in activities that do not provide any profit at all, curses and so on are just myths and have no basis.

xSkylarx

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Quote from: South Park on December 23, 2022, 05:20:05 PM

Quote from: Wapfika on December 16, 2022, 04:50:17 PM

Quote from: South Park on December 16, 2022, 04:20:21 PM

Most people are not capable to manage success, an example of this are lottery winners, I think most of us would think that if a person wins tens of millions on the lottery that should be enough to last those winners a lifetime, but it is not true, those people find themselves in financial trouble as they begin to spend that money as if it is never going to run out, so people go broke despite earning a lot of money because once they get the money they have pursued for so long they do not know how to keep it.

It’s all about our mindset, some were able to changed their life completely thru that winning while some just for only few days since they thinks that it is okay to spend all since they only got it thru winning and it deserves to be enjoyed in everything they wanted, most of the stories I heard were just how fast they spend their winning and how generous they are in giving, but it could be different if our money came from hard work if we waited alot in that winning we sure set our mind on what we gonna do, or if it’s from our trading we keep strategizing or in our investment we sure have set plans for it to grow more.

And without a doubt you are right, those the get their money due to their luck or by an inheritance do not know how difficult it is to earn that money, which is why they end up squandering it, however the one that made that money by working hard and by managing their money responsibly knows how difficult it is to earn money and they will not waste it in stuff they do not need or want, so the mentality of the people is key and we have seen many examples of this on the past so we can demonstrate this is true.

In inheritance, it is possible that they acquire it easily, but still, they will make the effort, and they are also stressed once they are already running the business, but again, it is not the same with others that they start from scratch. With luck, it is not working for the people that are lazy; they need to get up and work, and luck, or, let's say, opportunities, will come to them. Nowadays, you must be smart because you will be competing with others, and you must have a different strategy than others.

Topic: Trading and investing,and still very broke.why?Is it spiritual? - page 3. (Read 1481 times)