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Topic: Trading don't work for me too well - page 5. (Read 1929 times)

member
Activity: 273
Merit: 10
May 01, 2018, 05:34:33 AM
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
With a constantly changing market and unpredictable current times, successful trading is very difficult, you can see that bitcoin prices are fluctuating continuously and in great amplitude. In order to be commercially viable you need to have a specific commercial plan, profits can be achieved and the level of losses to cut. Please go back to the plan and method in trading, trading system.
hero member
Activity: 2282
Merit: 659
Looking for gigs
May 01, 2018, 04:56:42 AM
I completely understand that not all of us are good into trading. Due to the high volatility and unprddictability of the market, it is hard to say that there is no such thing that we could profit most of the time in cryptocurrency trading. I only tried day trading once, and I did made a little profit, but I would never be greedy on that because of my lack of experience.
hero member
Activity: 658
Merit: 505
May 01, 2018, 04:36:49 AM
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 you have to be more careful regarding this issue, but don't be impatient and careless about this trading. Trading is the platform where you need to take every step very carefully. not only that but also you have to gather a lot of information regarding this issue. Practice makes you perfect, really and experience is always the best teacher. As you go along, while trading daily or frequently, you'll discover new everyday
full member
Activity: 546
Merit: 100
May 01, 2018, 04:02:59 AM
Trading isn't for everyone and very few people are able to turn it into a continuous income stream. While most of the people end up losing their money by trying to trade. But their is an option for those who don't want to do trading and that is hodling. By hodling you don't have to worry about the price of the coin constantly and you only suffer losses if you sell.
member
Activity: 204
Merit: 10
May 01, 2018, 03:57:25 AM
Maybe you are not good for trading and trading is not suitable for everyone. Though trading can make great profits, it's also full of risks. If you don't have enough knowledge and background regarding cryptocurrencies, you may lose money. When the trading market is not good, you should hold it as the long term investment.
Trading works for everyone and it is just a matter of time and understanding after that it will start working for you as well. There are some Dos and Don’ts in the market which are preferred and then there are some others which are dictated by the situation of the coin in the market. So just learn them and try not to repeat the mistakes which became the reason for the loss. Don’t get dishearten for the initial losses as they will teach you life long lessons.
Work for everyone and its true but in this case, its not working for some people because people dont know how to do it.
All thing need to be learned first before we can do it well. For newbie its almost not working too. Though for experience people but they dont have skill then also not working.
member
Activity: 324
Merit: 10
May 01, 2018, 03:23:32 AM
it is extremely important to realize that the huge price spikes that happen with crypto currency on a regular basis do not always bring investors a big profit.  A clear understanding of optimal trading methods and technologies can significantly reduce risks
newbie
Activity: 180
Merit: 0
April 30, 2018, 10:35:00 PM
I think trading is all about patience. This is not easy for impatient person because I know your feeling. If you are new to trading then start trading with the small investment which will give you small profits but you can gain much experience. And don't panic when the price of coins goes down. and try to hold.
member
Activity: 227
Merit: 10
April 29, 2018, 02:21:59 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 Feel You bro. before i want to quit because i lost a big amount of my savings in crypto trading, but as they said you will learn form your mistake, so i do some research before i put money on one coin, and i extend my patience, even the market is down, just study and create strategy to trade.
full member
Activity: 364
Merit: 100
April 29, 2018, 11:38:26 AM
The standard strategy is to buy the rumor and sell the news,this is not guaranteed strategy,so feel free to take into consideration. you have to be more careful regarding this issue, but don't be impatient and careless about this trading
sr. member
Activity: 1036
Merit: 329
April 29, 2018, 10:14:17 AM
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
Maybe I am experiencing the same thing as you, I am always unlucky in trading an altcoin.
But I will not give up, for me the failure is the beginning of success. maybe i should learn more in trading altcoin.
right mindset all of us can experience that for so dont be just stick on what you may have to experience that this could be the last but this is just the beginning.
sr. member
Activity: 1400
Merit: 269
April 29, 2018, 10:11:59 AM
If you dont know the inside and out of trading dont buy unknown altcoins yet better to start from the popular crypto currencies cause even though the price fluctuate's they will always recover because they're popular that's the advantage of popular coins and you dont have to panic sell.
member
Activity: 252
Merit: 10
April 29, 2018, 10:03:22 AM
For those who didnt become successful on trading, you might need special training for learning on trading. There were many videos on youtube that can give you special adivice for your trading so never give for just one mistake on trading.
copper member
Activity: 772
Merit: 500
April 29, 2018, 09:26:57 AM
If anyone or you experience bad things about crypto then i guess you don't need to quit or to stop trading. I think you must do is to learn everything about trading. I also experience differe t bad things here in trading crypto but it does not stop me to trade. Why? Because i think at that time i need to learn more about trading and if i want to succeed then i should continue learning.
newbie
Activity: 182
Merit: 0
April 29, 2018, 08:28:35 AM
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 see your mistakes, self-critical - than you have done a lot of work. improve those sides.
member
Activity: 294
Merit: 10
April 29, 2018, 08:22:25 AM
Maybe trading is not really your passion my friend because if you always losses to something and there is no improvement at all them stop that thing anymore and focused on much more thing that really suits to your capabilities focusing on the things that you cannot do properly is just gonna waste your time for me. I think that in order to gain the maximum and maximum profit, you should expand your business not just to trade but invest in other areas such as ICO or LML projects are good for you to profit. It is not dependent on the brand
member
Activity: 311
Merit: 10
April 29, 2018, 08:22:15 AM
I think you better plan about the buy and exit strategy. It is the most important pair in the trading society and it seems that the coin we have today are mere short terms,  short terms are meant to be a bad coins. I don't trade much I'm more of a holder but when I started out with stocks I made numerous mistakes costing me money. Now, for the past 15 years I haven't picked any dogs that had substantial losses
member
Activity: 168
Merit: 11
April 29, 2018, 08:22:11 AM
I think you have to be more careful regarding this issue, but don't be impatient and careless about this trading. Trading is the platform where you need to take every step very carefully. not only that but also you have to gather a lot of information regarding this issue. The cryptocurrency trading market is geared and imbued with a lot of alleys to make you fail because the assets are always changing, and many of them are so unpredictable that even if you have exerted enough effort to check everything
newbie
Activity: 154
Merit: 0
April 29, 2018, 08:12:18 AM
Everyone in this world can be tilted and it doesn't meant you should stop trdaing. If your coins don't work well on you it means you need to change something.
sr. member
Activity: 546
Merit: 250
April 29, 2018, 07:22:31 AM
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
Maybe I am experiencing the same thing as you, I am always unlucky in trading an altcoin.
But I will not give up, for me the failure is the beginning of success. maybe i should learn more in trading altcoin.
member
Activity: 378
Merit: 10
April 29, 2018, 07:22:08 AM
I think you already solve your problem on trading doesn't work to you because you are impatient. One of the best attitude that a good trader is he/she must have patient.
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