Topic: Trading is hard!!! - page 6. (Read 1336 times)

Those who experience failure in the trading they do certainly don't understand trading well and they try it without having good knowledge so they experience losses in the trading they do, so it's important to learn well about trading before trying with the capital we have and also Even those who understand it well still experience failure in the trading they do.

That's the thing, you could have 1000 trades done already and lost 100k along the way, but if someone sees you making 80 grand as profit on a single trade then they will talk about how much profit they could make just like you, not realizing all the loss that you had.

Trading and gambling have that in common, people focus way too much on the earnings and not enough on the losses and they should definitely do that but the casinos and exchanges promote the winnings and not the losses. If you lost twice as much as you win, that doesn't mean that your wins mean anything, they are worthless, you could have lost half as much as you did and won nothing and the result would be literally the same, so it is not meaning anything at all.

There are so many things many people do not know that is why they keep making loses as a trader. Normally when someome started trading, loses is meant to happen but sometimes we might think something is wrong with us because we are making loses.
We need to understand that trading is not easy and it hard for us to keep trading profitable in the market. There are time when we do make loses and that should not make us to see it as an abnormal occurrence to us as a trader.

Trading is much harder than getting a job after graduation, people are trying 10's of years of study to get profitable
or even recover their losses because they find it very hard but know here money can be made same as gambling,

so don't look traders who are making big profits it take years of trial and error and too much efforts and learning process before making a good profit.

More of the experiences the more stuff you will earn because you can analyze the stuff better as the time goes on, you can't do that in just a few week you need a lot of time to do stuff in order to minimize the risk of losing your money. You can learn gazillion of courses but still the experience is what matters the most.

You won't feel enough with studying, there will be always a room for you to improve your knowledge. Some of the people learn from the hard way(I mean when they fail) including me, it just depends on the perosn.

Understanding matters a lot and that is what people don’t get and they keep calling trading Ponzi not knowing that trading involves mastering an analytical skill that could take weeks or months to master. And since they don’t have the understanding anyone that calls it Ponzi we just need to explain to them the basics so that the difference will be clear. Trading is no joke because of the money that is at stake. True we can change their mindset we can clear the air and if they continue to argue then we can change the topic of discussion. And it is only a few people that want to trade because of stories they have heard about the risk involved. I love what you said n/not hard but takes time to perfect.  If anyone is going into trading you need to put in all.

It’s actually funny how people downgrade crypto trading just because they see people doing it making it big. They don’t know the actual price they paid in sacrifices towards learning how to trade; they only see the outcome and start thinking that they can as well make it with just a blink of an eye.Nothing good comes easy, just like trading. I am always saying that crypto trading is the hardest part of cryptocurrency; you cannot make easy money from crypto trading without learning. I see all these profits as a reward for the sacrifices and efforts you put into learning day and night.

It was an assumption and people say this because they are not trading but if they do this in real life, they will find out the truth about how hard is trading.
If I hear someone saying like this, I simply ignore it and never argue with him. I can't change one's mindset if it is already been closed to the reality. That is why I don't encourage people to trade unless they have positivity in mind and of course, they are willing to listen and open for some advice. Trading is not hard to understand but what it makes hard is that we can't make it perfect. No matter what we do, we still experience losses.

When we are really just starting up then it would really be just that normal that we do really love to take shortcuts. We dont really like on hassling ourselves on trying out to make trades on our own or simply we dont really like hassle things and this is why we do really opt for this kind of thing on which you would really be that making yourself considering with these options. We're not saying it is bad but we cant really be able to deny that it is never been that recommended. Nothing beats out if you would really be that trading on your manually on which you would really be able to learnt up skills on which it would really be something that will be useful for you.
There's no way that you could really be able to make yourself not to learn up if you are really just that putting up that enough time and effort because we know that not everyone would really be having that kind of mindset and not everyone would really be that having the dedication on learning up trading.

Trading is hard and not really that simple but once you do able to get or obtain this kind of skills then this its really something that you could really be having forever.
There's no one could take it from you and you do know on how to handle yourself on whatever market you are dealing with since you do able to acquire those skills but somewhat
you should be still thinking about those probabilities of losing since not all would really be pertaining about permanent profits.

Yes, they don't want to learn trading before they start and tend to look for people who can provide trading signals for them.
They will not be able to trade well because they are just waiting for trading signals from other people, which will not always work well, especially as market conditions are always changing.
But if they are willing to learn to trade little by little, they will have trading skills and be able to analyze market conditions to know when to enter and exit the market.
And it is true that when they have made a profit, people tend to become greedy and want even bigger profits even though market conditions do not always improve.

They are trapped in thinking like that because when they first entered into trading, especially crypto trading, it was due to false information, such as when they received an invitation from a friend who only focused on telling them news about people getting rich quickly by buying shitcoins, so they thought that was real crypto trading.

Paying for a course to quickly increase your knowledge of trading skills is a good thing and having the courage to do it directly will prove whether your skills are deep enough or not so you can decide to raise capital because you already know every risk of trading.

They tend to confuse the whole thing and sometimes you can't blame them, I mean they must have come across trading expert claiming that its easy to actually trade and have profits without probably telling that trading is something that's need years of experience and not something that you can lots of cash from. Sometimes it's human greed that causes someone to feel that they can earn much with very little effort.

One of the Challenge most people do have with trading is that they do not want to take their time and learn it very well as to get the knowledge that will help them in the market,  instead they want trading to give them as much profit as they want, and it is so unfortunate that trading is not like how people take for. Tradingis all about learning to get knowledge to avoid terrible mistakes that can lead to big loss.  It is better to spend much time in trading than rushing which it will result to nothing at the end.  Trading is not what you learn in a day and expect to get much profit from trading.

I would say the beginners often see trading as an easy way to become rich because they close their eyes on how a trader deals with losses and misfortune. They think of trading as mostly win-win situation, but winning only never teaches you anything. Losses are necessary to draw conclusions, based on which you could become better and more successful.

Everyone without exception cannot avoid losses, it will definitely happen in some trading moments. but the important thing here is about the profit and loss ratio, maintaining a more profit ratio will help traders get quite good profits. analysis will not help 100% but this will be a guide to where you need to go.

I keep saying this.
Many people are deceived by what they see online without knowing what those people really do. First of all, there's no point rushing into a field that you don't know simply because you see people making money from it.
If you like a particular field, that should push you to learn about the field research it, and start learning how to do it.
People feel it's just all about buying and selling crypto and making a profit off the sales. It's more than that.

People get easily deceived and it's a problem. They see a person living extravagantly online and they just believe he is who he said he is and they wish to be like him. They can't ask questions before making those decisions.

Trading is not easy to earn money. It is very difficult to know it properly. I knew it from 2017 and I am still learning.  If you see the people invest it and he/she knows it only from 1 month or two months, then he/she will danger to lose their money. I believe that you should learn more and get more knowledge and after that you invest in it.

Trading is not an easy thing. Because to be successful in your field you need a very high learning ethic and work ethic. Because trading has challenges and risks. So don't take trading lightly. Maybe if you look at a glance at other people's success it looks very easy. But if we come down directly, that's where we will understand. Trading is not an easy thing.

It's not bad to fail because that's how we'll learn. Experience can give us a valuable lesson that we can use to our trading journey. It is hard if you're going to pressure yourself. But if you take time and exert an effort learning to understand what trader must be aware of first, then this can give you an idea to maximize your chance to profit in trading.

However, though anyone can try to be a trader, sometimes it's not suited to all. But you will never know unless you try so it's worth giving it a shot and see if this is a way for you to profit.

Unpopular opinion here: I don't think crypto trading is so hard; it is more about how lucky you are. Let me explain:

If you are unlucky and you enter the market during a FOMO, no matter how expert you are in TA: you'll lose money when the bear market comes and everything starts going down sharply. On the contrary, those who enter in the beginning of a bull market must do it really bad not to get some profits when everything is on the rise.

There is a risk implied and it is that the ones who enter in the right timing and get high benefits can fall into the delusion of thinking that it was because of their analytical skills, when any monkey with a crossbow would've done that well or even better.

Sorry, I'm skeptic about TA, I think it is evident.