Trading have concepts - page 3. | Bitcointalksearch.org

Oshosondy

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Quote from: Onyeeze on April 08, 2023, 08:59:24 AM

And I trading some of us causes the problem that arises during course of lost, greediness and anticipation of making more profit is the major caused of losing in trading.

This has happened to me before. I started with 125x on the exchange I first used to trade crypto futures and I lost money massively. I even changed it to 50x, later 20x, later 10x. All I still noticed was that the leverage used was too much. The best is to go 1x, or 2x if you are more certain about the market to go in your direction.

But according to your explanation, it is like you are supply crude oil in real life to people, which is trading though but not the trading like spot, margin, option or futures which we are discussing about on this board.

Quote from: ololajulo on April 08, 2023, 05:04:44 PM

A good title for the thread would be "The dangers of greediness in trading and investing". The major causes of losing in trading are greediness and the anticipation of making more profit. Trading is a multi-faceted concept requiring a good understanding to succeed. When it comes to greed, how will you handle it?

Do you know the good thing a trader can do? Is to never think of trading as a means of making money. This will help him to be patient and to trade rightly if he reads other ways to succeed in trading. Trading is good, but it becomes like gambling because people just think they can start trading today and earn the same day.

ololajulo

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A good title for the thread would be "The dangers of greediness in trading and investing". The major causes of losing in trading are greediness and the anticipation of making more profit. Trading is a multi-faceted concept requiring a good understanding to succeed. When it comes to greed, how will you handle it?

palle11

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Well the point about concept in trading is just like every other business investment. If you get too greedy, it will mean higher chances of losing out or gaining. With the experience that you narrated, if you guys had removed your capital instead of that you guys went in all for the profit. There is a lesson hear not to go all out for profit with everything you have with the full hope that it won't fail.

Onyeeze

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Quote from: SamReomo on April 08, 2023, 10:55:14 AM

Quote from: Onyeeze on April 08, 2023, 08:59:24 AM

I tried to figure out that in trading the concept are not only in one aspect but it's base on your description of understanding trading, many more follows people methods of trading to arrive to same point, one thing I noticed in trading is that it's a skill that every one is up to have base on it discovery step to make it own profits. And I trading some of us causes the problem that arises during course of lost, greediness and anticipation of making more profit is the major caused of losing in trading. Three days ago I was with friends where we are blaming each other because of mistakes, we contributed money to invest into crude oil business, the first supply of crude oil the company we supply to, we made a good profit and second supply we made a higher profit, for second supply I suggested that we should remove our capitals and move on with our profit we made, but two of my friends insisted that we are going to buy more of the products with all the money I agreed with them for the third supply, on our way going we were diverted by hoodlums and chased out on the vehicle, till date we don't were products is. Its when my friend's realize that greediness is a disease and its a higher risky.

As with any other field, trading also comprises various concepts that one needs to grasp and perfect. Indeed, there are effective strategies that can yield profitable trades, but the true satisfaction of trading comes from acquiring and honing this skill oneself. In trading, it's crucial to manage one's emotions, and it's true that greed, the desire to earn excessive profits, is the main cause of losses.

However, your experience with crude oil trading has nothing to do with the principles of trading. Those criminals are to blame for your loss who stole your crude oil, and that doesn't fall under the purview of trading. I advise you to learn about trading before posting such content.

You have to grab my reference, I mean that greediness is one the things that leisure traders into lost, I just used my experience in crude oil business to narrate the things that causes loss in trading, theirs difference between trading and crude oil business, the point of discussion is a greediness in business and per refer to trading.

electronicash

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i thought the story was about trading OXY, XOM, or SHEL. this literally buying crude oil which some criminals hijack the delivery. sorry to hear about your loss. to me, i would actually suspect the 2 have something to do with it. greed right? do you think so? if not, don't bother.

probably just the wrong place and wrong time or some old established traders noticed the deliveries.
but you know how long should you be in this business before you will look at which things you need to pay attention to?

SamReomo

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Quote from: Onyeeze on April 08, 2023, 08:59:24 AM

I tried to figure out that in trading the concept are not only in one aspect but it's base on your description of understanding trading, many more follows people methods of trading to arrive to same point, one thing I noticed in trading is that it's a skill that every one is up to have base on it discovery step to make it own profits. And I trading some of us causes the problem that arises during course of lost, greediness and anticipation of making more profit is the major caused of losing in trading. Three days ago I was with friends where we are blaming each other because of mistakes, we contributed money to invest into crude oil business, the first supply of crude oil the company we supply to, we made a good profit and second supply we made a higher profit, for second supply I suggested that we should remove our capitals and move on with our profit we made, but two of my friends insisted that we are going to buy more of the products with all the money I agreed with them for the third supply, on our way going we were diverted by hoodlums and chased out on the vehicle, till date we don't were products is. Its when my friend's realize that greediness is a disease and its a higher risky.

As with any other field, trading also comprises various concepts that one needs to grasp and perfect. Indeed, there are effective strategies that can yield profitable trades, but the true satisfaction of trading comes from acquiring and honing this skill oneself. In trading, it's crucial to manage one's emotions, and it's true that greed, the desire to earn excessive profits, is the main cause of losses.

However, your experience with crude oil trading has nothing to do with the principles of trading. Those criminals are to blame for your loss who stole your crude oil, and that doesn't fall under the purview of trading. I advise you to learn about trading before posting such content.

Onyeeze

full member

Activity: 504

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I tried to figure out that in trading the concept are not only in one aspect but it's base on your description of understanding trading, many more follows people methods of trading to arrive to same point, one thing I noticed in trading is that it's a skill that every one is up to have base on it discovery step to make it own profits. And I trading some of us causes the problem that arises during course of lost, greediness and anticipation of making more profit is the major caused of losing in trading. Three days ago I was with friends where we are blaming each other because of mistakes, we contributed money to invest into crude oil business, the first supply of crude oil the company we supply to, we made a good profit and second supply we made a higher profit, for second supply I suggested that we should remove our capitals and move on with our profit we made, but two of my friends insisted that we are going to buy more of the products with all the money I agreed with them for the third supply, on our way going we were diverted by hoodlums and chased out on the vehicle, till date we don't were products is. Its when my friend's realize that greediness is a disease and its a higher risky.

Topic: Trading have concepts - page 3. (Read 381 times)