Topic: Trading is hard!!! - page 7. (Read 1404 times)

Yes, crypto trading is very hard but if you follow the rules and regulations that governed the trading and you endure in your trading through out, you will definitely get it right by making income from your crypto trading in the market. The reason why you see some crypto traders finding it difficult to understand crypto trading is because they don't want to exercise patience whenever the bearish season is on ground than to trade at the moment to experience loses that will make them fail. If you can take your time to carry out your personal research to know some key points of potential crypto traders are using in making income, I think crypto trading will be easy for you to achieve what you want in the market.

We can't do anything about such stubborn people who think that it is easy to make a profit here in crypto trading. Maybe people like them will never disappear.

The hype always tells the newbies that it's easy to get profit here in crypto trading, which is not really that easy; rather, it's hard to learn and really understand. This requires a strong level of determination, willingness, and other positive habits or characteristics of a trader.

Yeah, the is is easy to say but difficult to execute. Trading is really hard, new people entering in trading market must be prepared, and expect the unexpected. They must not expect the things that they see on social media or some personalities just making them hype, everything is different once you already in the market.

except some people might not just cut it to be a trader, as I've observed the one thing that can determine whether we are a good trader or not is simply emotion control regardless of mathematics capability it only require minimum capability of math and we're set, everyone uses calculators nowaday moreover chatgpt that could help a ton in determine whether our taking profit is actually profitable meanwhile often time its emotion that causes loss, like cutting lose when we are at the slightest of price drop, that alone is already such a disadvantage for many people added with the fact that some people are also easily getting fomo'd into buying some coin thats already high, in my opinion, speaking from my experience, trading is best to do when we are not in hurry.
if the market already high, just wait it out, if the market is dropping so hard, be prepared to invest thats it and you will get massive profits from it not relying on micro margin to make some profit.

If someone trades and he's just losing than being profitable, there goes what you need to realize and that is to stop trading.

You should just chosen the path of holding than trading because that is common that we lose more in trading but in holding, you just have to bear what's with the market and hold while buying more.

That's an easy strategy that many don't seem to realize.

Trading is really hard if you think of it. It needs great mathematical analysis, and of course learning experience and skills. Without them, trading might be a big challenge for you. However, trading can be learned overtime. Just don't fall on your greed, so you won't be making it harder to trade successfully and become profitable in the future.

Trading pushes you to lose a lot than to be profitable. But this is how trading is made, learning from your losses so you will be a reputable trader one of these days.

This is just the sad reality. Most of these newbies started trading with the get-rich-quick mentality. Most of these self acclaimed mentors who post videos on YouTube and other social media platforms will only show people the good and interesting sides of trading just to gather traffic on their pages and get people they'll mentor and extort money from. Trading just like any other type of skill that requires commitment, dedication, and mastering of the skill which can only be achieved through consistent learn.

Many people who started trading could not continue because what they finally saw while trading was not what they expected before they joined the trading system. Many made huge losses because they had no clue when to sell, buy or hold. Trading is really not common as they thought therefore one must really put enough efforts to achieve results.

These assumptions occur because as beginners, they only see the success of traders. But unfortunately, they don't see how traders do it until they are successful. In this case, it very often happens that beginners think trading is an easy way to get rich instantly.

Even though as you said, trasing is hard and difficult. We need to go through various processes which are not easy. We also have to have good knowledge about trading before starting. And our mindset about trading must be straightened out first.

The trader will get the temptation by seeing he bull run in the crypto market,but buying at the bull run is not the better option.The trader should use the bull run to sell their long term holding portfolio at good value.The dollars from the bull run can be used to buy back the good coins at the time of bear market.The trader should spend nearly 3-5 months to learn the trading fundamentals of cryptocurrency,because the flow of the cryptocurrency will be entirely different from the stocks from stock market.

Because the cryptocurrency can be used widely for the day trading and for the short term profit.But the stock is not the easy one make huge profits like the profit made in the cryptocurrency.Because at the time of 68k market reach,many altcoin made his huge profits to their holders.Even one of my friend had become the millionaire in one altcoin and it was possible in crypto currency then stock trading.

Cases like the one you told about happen a lot for beginners, seeing many people sharing profits from trading even though the results are from Photoshop, so these beginners also chase what they have seen, so many beginners experience losses. This is all because many beginners cannot verify trusted sources for learning trading.

Even though learning trading also requires looking for a trusted mentor and of course you need patience in learning trading, don't expect to learn trading instantly. Many people study trading for years but have not fully mastered trading, and trading is not as easy as theory. As you said, learning to trade takes time and a lot of dedication so that you can produce maximum trading.

In addition a lot of newbies in trading are mostly carried away by some Photoshop profits of some deceptive traders who painted trading as a easy venture of earning quick money thus many newbies also embark on trading with just basic knowledge and idea with the mindset of earning huge profit as soon as possible thereby defying every detail about trading unfortunately ended up losing their hard money, trading is hard mostly as a beginner however with time and effort dedicated  towards learning trading would yield a positive only if the learning process took a lot of studying time.

Trading might be hard but doesnt mean that it would really be that impossible to learn on which it would really be just that right that you should really be that persevering on learning it out and you should really be that dedicative on the things that you are doing if you do really like for you to be able to sustain out and able to learn up things on what you are gonna should supposed to be done. It wont really be just that a one day learning or taking up the grasps with it because you cant really be able to find up things to be that so easy because if you are anticipating that it was easy then it does really indicate that you are really just that too
impatient on the things that you are dealing with.

Just make yourself that having that realistic approach towards it and it would really be just that better that you shouldnt really be that rushing up yourself on learning because
just like been said on which this is where majority would really be that been anticipating that it could really be able to happen which we know that
it isnt really that something simple.

Agree bro, learning to trade is difficult because trading is complicated because it covers all aspects of both the market and our psychology. I've only been learning trading for a year but I still don't fully understand it, even though I'm starting to feel stable in trading now.

Sometimes we have to treat trading like we plant a tree, always learning how to make the tree continue to grow bigger and bigger, in my opinion, in essence, there is no instant trading success, everything needs a process and keep learning while trading. Coming to one conclusion, trading is not difficult if we keep learning, what is difficult is not to be greedy.

Trading is very hard even for those who know how to do technical analysis because technical analysis does not always work 100%.  Technical analysis is only a probabilistic estimate it is not a guaranteed forecast. But those who know how to do technical analysis have less loss and those who know it have more loss so no one can avoid loss in trading because of this it can be said that trading is really hard.

Trading will even be very difficult for those who don't want to learn how to do analysis, know what is needed for trading. It takes time to learn trading well and correctly, because this is related to how to carry out technical and fundamental analysis. I started trading from zero, from not knowing anything and starting to learn by myself until I knew how to make strategies and technical analysis. It's hard when you give up and stop not finding out.

Everything, even trading, is difficult to begin with. Beginners in trading have a difficult time understanding it because all of the teachings are fresh, especially if they join mentorships. It takes time to understand, which is why students request a recorded video. They believe that once you learn to trade, your trip would be easy, but this is not the case. To determine the win rate of the method you use, you must perform hundreds of backtesting and forwardtesting, because you must have an edge to be a good trader. Trading is not that difficult if you have a winning trading strategy especially if you are a very disciplined trader.

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This is truly a misconception by people who are ignorant of how Bitcoin, trading works, they think that you can just put in your money and the next thing is start earning. Others simply see Bitcoin, trading as gambling, where you trade and depends solely on luck to make profit, you'll trade blindly and accept any results, either win or lose. Traders in Bitcoin, knows that trading and gambling shares same risk factor, gambling depends on luck, while trading requires the knowledge of fundamental and technical analysis to predict outcomes, without which it becomes gambling.

Trading in actual sense is hard, no doubt, because despite all the technical know-how and predictions, you can still have loses at the end of the day. But if you have a good knowledge of how the market supply and demand works, how crypto news works, then you can minimize loses.

Get to believe that trading can be a get-rich-quick scheme and get to be losing regularly in it. The mindset of traders before they start trading and also as they trade matters to their success or failure. Traders should be neutral about it but do all that matters to make sure that they know how to trade effectively and make money without pressure. There is no need to rush about anything, traders have to be patient at all times, especially when they are looking for the best trading positions at any point in time. The patience goes a long way in making sure that the trader avoids so many mistakes and it's very good to trade with the amount of money that will not be attached to our emotions, needless to say, that would trigger it.

If traders are trading with a huge amount, there is no way it will not affect them mentally, but with a small amount, they might not view it as the means that will give them such desperate money to be rich, so they handle it with less feelings attached to it in this regard. Again, traders have to make sure that their trading system, management and plans are top-notch, if not, no matter what other plans you have in learning and trying to trade without emotion, they will all fail because such traders will be frustrated and will lose everything. This is why the right experience in trading must come first and everything must be put on hold if the trader is such that is still finding his path.

I am a trader and I think trading is very difficult. These few days I have made a lot of money trading but recently I have lost some money but it doesn't matter because I believe the market will go well again. As a trader, I have never traded with the idea that I will only profit but not lose money. I have decided to trade with the acceptance that money can be gained and money can be lost. People who are not involved in trading find trading very easy. Those who trade regularly know how difficult trading is and trading decisions cannot be made easily. A professional traders think that trading is very difficult but those who are new to trading think that trading is very easy, the reason why newbies think trading is easy is because they have less understanding about trading. If a new trader gets a complete understanding of trading and then decides to start trading, he will never think that trading is very easy.

Many individuals think trading is a quick way to get rich due to the thing they see on the internet of traders spending extravagantly but not all those money are gotten form trading but since there's no investigation to the source of their wealth many individual watching them believe they make all the money firm trading but that's not true. There's money in trading but it doesn't happen as fast as others individual are making it to look like, trading.eeds time to give results.

If you want to become a successful traded, you have to spend time to learn how to trade and this involves reading the market yourself and not depending on others to do that for you. You have to be disciplined as if you're not a discipline trader you won't see results. Trading needs dedication therefore you have to make yourself dedicated to learning and practicing what you're been taught. When trading you won't make profits all the time therefore you have to have other ways of earning too.