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Topic: Trading don't work for me too well - page 15. (Read 1899 times)

legendary
Activity: 3122
Merit: 1140
March 19, 2018, 07:22:48 PM
Have lost so much money on coins that doesn't work well for me. My flaws are I'm  impatient and ignorant this maybe a good time to find some insight and good answers on how to get better
If it does not work for you then this is the time to stop it, there is not much of a point to do something in which you are not good and even worse in which you are losing so much money as you describe, so take sometime and see if you can correct your mistakes and if you are unable it may be a good idea to leave trading definitively.
On some point you are right but not always the best solution for you to stop.Its normal for us to struggle at first since we do lack of knowledge on all the things we do first encounter which means we do need to learn up.This is why its always been suggested to start out on small amounts rather than on hurrying up yourself on putting huge sums and rushing out for bigger returns because this would eventually the things would failed you down.
newbie
Activity: 59
Merit: 0
March 19, 2018, 07:13:06 PM
Have lost so much money on coins that doesn't work well for me. My flaws are I'm  impatient and ignorant this maybe a good time to find some insight and good answers on how to get better
If it does not work for you then this is the time to stop it, there is not much of a point to do something in which you are not good and even worse in which you are losing so much money as you describe, so take sometime and see if you can correct your mistakes and if you are unable it may be a good idea to leave trading definitively.
member
Activity: 140
Merit: 10
March 19, 2018, 07:10:17 PM
Have lost so much money on coins that doesn't work well for me. My flaws are I'm  impatient and ignorant this maybe a good time to find some insight and good answers on how to get better
I think that with a market that is going strong from the bad news constantly coming up, it can be very difficult for you to trade successfully. There are signs that the market is on the downward momentum so the risk is high when trading. Today's G20 summit has pushed the price of bitcoin and altcoin very strong and I believe this is a great opportunity for you to join the bitcoin market.
member
Activity: 448
Merit: 12
March 19, 2018, 04:53:39 PM
Have lost so much money on coins that doesn't work well for me. My flaws are I'm  impatient and ignorant this maybe a good time to find some insight and good answers on how to get better

if you have already understood that you need to learn it is already a good start!
You can study books, watch videos, read forums to improve your trading knowledge, but you will also need a lot of patience and self-control.
Time of desires. Theoretical knowledge, but the most basic and real factor of opportunities is practical training. In any case, you need to have a start-up capital for training. This is how you need to practice your skills ..
full member
Activity: 336
Merit: 100
March 19, 2018, 03:01:48 PM
Have lost so much money on coins that doesn't work well for me. My flaws are I'm  impatient and ignorant this maybe a good time to find some insight and good answers on how to get better
Its okay! Trading doesnt work well for 90% of the people. Thats how markets are tbh.
Specially in crypto, there is no logic. Best you can do is manage risk, invest by looking at higher timeframes, and do not try to daytrade these markets. IF you really want to, then learn technical analysis. But remember, if you fail to manage risk, you will br ruined. Experience is speaking here. Good luck! Cool

The trader is also a profession. Nobody is going to become a doctor or a teacher if he does not have any talents for it. if you dislike trading, just stop it.
legendary
Activity: 1148
Merit: 1001
March 16, 2018, 01:47:55 PM
Have lost so much money on coins that doesn't work well for me. My flaws are I'm  impatient and ignorant this maybe a good time to find some insight and good answers on how to get better

if you have already understood that you need to learn it is already a good start!
You can study books, watch videos, read forums to improve your trading knowledge, but you will also need a lot of patience and self-control.
member
Activity: 266
Merit: 10
March 16, 2018, 01:33:00 PM
I do not like the trade because I have no choice of time. My strategy is to concentrate on growing coins and to shape future demand for btc, eth, neo, and mono. I hold and buy more when the market falls to the red.
hero member
Activity: 644
Merit: 501
March 16, 2018, 01:22:54 PM
After you make a technical analysis and if its wrong check where you were wrong and learn from your mistakes. If you cannot afford to lose more money maybe consider quitting man.
member
Activity: 294
Merit: 11
Blockchain with solar energy
March 16, 2018, 12:52:37 PM
Have lost so much money on coins that doesn't work well for me. My flaws are I'm  impatient and ignorant this maybe a good time to find some insight and good answers on how to get better
next few months I think not for holder any more, it's for trader with experience... last year was for holder that holding the right coin.
by the way, you should read the comment on this topic:
https://bitcointalk.org/index.php?topic=2824863.1040
sr. member
Activity: 1848
Merit: 328
March 16, 2018, 07:24:57 AM
Trading can sometimes be hard because the market doesn't always give us want we want to happen because your prediction will dump but it dumps so look out for that.
Trading can become very hard sometimes and there can be many reasons behind that. Every time it is not the market which crashes, sometimes the people in the market also crash and they do not perform the way they should. Trading for 24 hours is seriously not advised, because it will exhaust all your energy and you will be sleeping at the right time, so less trading but effective trading must be the slogan for all of us.
member
Activity: 392
Merit: 10
March 14, 2018, 06:22:26 PM
Have lost so much money on coins that doesn't work well for me. My flaws are I'm  impatient and ignorant this maybe a good time to find some insight and good answers on how to get better
We can see that the market in recent days is fluctuating continuously and extremely difficult to predict. Bitcoin prices have fallen sharply for many consecutive days, causing altcoin to fall, leading to a downward trend. So this time the commercial success is extremely difficult and the risk will be extremely high, so the trade is ineffective.
hero member
Activity: 1065
Merit: 510
March 14, 2018, 06:19:24 PM
Have lost so much money on coins that doesn't work well for me. My flaws are I'm  impatient and ignorant this maybe a good time to find some insight and good answers on how to get better
Its okay! Trading doesnt work well for 90% of the people. Thats how markets are tbh.
Specially in crypto, there is no logic. Best you can do is manage risk, invest by looking at higher timeframes, and do not try to daytrade these markets. IF you really want to, then learn technical analysis. But remember, if you fail to manage risk, you will br ruined. Experience is speaking here. Good luck! Cool
Experience would really matter at the same time on the learnings you have gained along the way on engaging yourself into trading. Active trading is very complicated and crucial and if you are just newbie then dont tend to start up with this kind of trading because 99% you will surely fail out because this is just only suited for most experienced traders on this very volatile market.
jr. member
Activity: 79
Merit: 1
March 14, 2018, 06:13:22 PM
if you dunno how to trade you must simply hooooooold!!! it is clear!!!!
newbie
Activity: 125
Merit: 0
March 14, 2018, 06:12:04 PM
Trading don't look now because the price of bitcoin is still very low. Many I'm investors quit on trading now because they don't have profit now in bitcoin. Of course a business minded person wants only to gain a profit. How could you profit now if the price is very low. And we don't have the idea until when bitcoin is very low. This is really a big lose to all that everybody monitor on it.
full member
Activity: 798
Merit: 100
March 14, 2018, 04:29:27 PM
Have lost so much money on coins that doesn't work well for me. My flaws are I'm  impatient and ignorant this maybe a good time to find some insight and good answers on how to get better
Being a trader must be familiar with the term skill understanding. you do not have to be afraid of losing and losing if you have good skill trading skills, because after all defeat or victory will be owned by yourself so I think if you want to work hard you will not lose yourself.
sr. member
Activity: 493
Merit: 250
IDENA.IO - Proof-Of-Person Blockchain
March 14, 2018, 03:58:07 PM
i think you should check your knowledge about technical analys and behavior psycology first. If you just trade by trend, you will lose your money
full member
Activity: 658
Merit: 100
March 14, 2018, 02:09:19 PM
Have lost so much money on coins that doesn't work well for me. My flaws are I'm  impatient and ignorant this maybe a good time to find some insight and good answers on how to get better
Don't be angry. Trading need clear mind and focus for target. Don't trade for big coin when start, start with little coin good enought for start and you will get much coin. Than, you must try to learn how to analyze and take to predict coin price in next day, next week or others with read chart and get other information with reading. When you understand how the price work, it's now on you.
newbie
Activity: 45
Merit: 0
March 14, 2018, 01:13:21 PM
Have lost so much money on coins that doesn't work well for me. My flaws are I'm  impatient and ignorant this maybe a good time to find some insight and good answers on how to get better
Its okay! Trading doesnt work well for 90% of the people. Thats how markets are tbh.
Specially in crypto, there is no logic. Best you can do is manage risk, invest by looking at higher timeframes, and do not try to daytrade these markets. IF you really want to, then learn technical analysis. But remember, if you fail to manage risk, you will br ruined. Experience is speaking here. Good luck! Cool
sr. member
Activity: 686
Merit: 257
March 14, 2018, 12:58:57 PM
IMO, you might want to try to improve and change your trading styles. Impatient is a big flaw in trading.

If you really can’t improve, you can try to do holding instead. Just research well on the coins, buy and hold.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
March 14, 2018, 11:12:05 AM
 
I think all of us suffering from this situation. I also lost some money trying to become successfull in trading but sometimes failing. Just started my self to Keep my attention on the market and which coins have most market growth then before buying i read some post about particular coin here in bitcointalk. and if you have your coin keep it on hold and be patient  Smiley

   
   I do not suffer from this situation cause I am long-term holder. I just
invest in top 10 coins, and some ICO`s that I find attractive. I hold them
too!
   Trading in this kind of times when prices is make so big fluctuations is
very hard. To predict what will price do next in short time is impossible
for me. I believe in the future and I invest in that. Daily fluctuations do
not make me nervous, I have my mission.
   I think I chose the easy way. And anyone who have problems with
trading should concentrate on earning money and then investing in
long-term holding like I do, you will not suffer anymore.
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