Trading is a business activities be carry out by traders to make to exchange something good at the end of the trading. Trading is different from game because if you don't trade well in the market, you will not earn well like other traders who really understood the rules and regulations of achieving good profits. You can predict game but in trading you cannot predict the profit if you don't trade in a good location.
Professional traders don't see trading as a game than to see it as a business activities where goods and services can be exchange in the market. It look as if, traders are Gambling when they make a huge amount of money from a particular trade.
Topic: Trading is not a Game . - page 2. (Read 2092 times)
As we all know in today's world nothing can be done or can be made or prepare without knowledge even a small thing it may be, but some newbie think they know more things about the crypto world which indented them to do more trading and they are using their own trading strategies which are definitely strange and might be risky or even giving them loss.
You are right, it is better for such inexperienced traders to observe other, more experienced traders and and repeat their actions. This method is called social trading. It even has subtypes: copy trading and mirror trading.
many people make trading their main job because it is very profitable if you are used to it. however, some people think maybe this is like a game, but think carefully. You can lose your money that you keep in trading because you underestimate this. people who think like this need to find out more about trading. it can make you rich or poor depending on how you learn it.
As we all know in today's world nothing can be done or can be made or prepare without knowledge even a small thing it may be, but some newbie think they know more things about the crypto world which indented them to do more trading and they are using their own trading strategies which are definitely strange and might be risky or even giving them loss.
You are right, it is better for such inexperienced traders to observe other, more experienced traders and and repeat their actions. This method is called social trading. It even has subtypes: copy trading and mirror trading. The most important experience in trading is of course going down directly in the trade, so that we can find out where the mistakes that might occur are with what we do right away.
it must be remembered that mistakes in trading will make us to keep trying to improve ourselves. then it is better to start trading directly with small and gradual values.
but I also can't close the fact that what you say can also be true that "luck" is sometimes unavoidable even though once again don't make it the main thing.
it must be remembered that mistakes in trading will make us to keep trying to improve ourselves. then it is better to start trading directly with small and gradual values.
but I also can't close the fact that what you say can also be true that "luck" is sometimes unavoidable even though once again don't make it the main thing.
Trading is definitely not a game but it's a constant trial and error practice to which it is very important that in every failure a trader must learn an important lesson out of his failure. Trading is a constant trial and error but losing in trading is somewhat cannot be afford because of the amount that it may lose to a trader just for example if a trader is "all in" in his trading. Having a personal experience of how to trade is the best thing that a trader could have for himself because this would give him the best lesson that he needs but sometimes winning in trading doesn't rely alone in a skill but it could have some portion of luck.
Yes, trading is a serious business, not a game. Newbies cannot trade without a good understanding both of the crypto market and trading crypto as well. At least, newbies must have enough knowledge about trading crypto and learn how the nature of crypto market. If newbies aren't familiar enough with crypto market and even don't understand yet how to trade well, it is better to not start buying a coin.
Yes, trading is not a game we can do as we please. Traders must have extensive market knowledge, traders must understand trading techniques. the trader invests an amount of money which will have a high risk, so trading skills are a must have. When it comes to games, this will not affect our mentality, we can start from the beginning to complete the mission.
Trading is never a sprint. It is about the long term. Do you make more on your winning trades than you lose on your losing trades? Do you have a genuine theory that you are trading or are you just guessing for excitement? If a newbie makes money on a trade that comes under the same heading as 'even a broken clock is right twice a day.'
The big schism in trading is between magical thinkers who close their eyes and press the buy or sell button without knowing why and those who approach trading like an intellectual challenge that can be learned.
Yeah it isnt really that a race on where people been mostly thinking to be this way where it do really result into losses because they are hurrying up on learning everything in one goThe big schism in trading is between magical thinkers who close their eyes and press the buy or sell button without knowing why and those who approach trading like an intellectual challenge that can be learned.
without realizing that they shouldnt really mind off that way but instead they should mind off on how to be that profitable and sustain for long time without rushing yourself
on making decisions.Trading isnt a game but rather an investment and its just right that you should really be serious with it.
Trading is not a mere game, trading is an important place where profit is a combination of losses. If you have enough experience and knowledge about the market then you can benefit a lot by trading but unfortunately you could get losses if you have not enough knowledge and experience.
agree with what you said, it takes learning to be able to follow the trade properly and according to the rules that really need to be done. because trading is not just gambling but requires skills that have been learned properly. although in the end the situation also affects that sometimes we cannot avoid luck but it is not the main point in trading and must continue to study properly.Experience is a very important factor in trading, we must always take into account that for all learning process, those who are starting in trading gambling thinking that they can earn more based on "Luck". There are many people who ignore, and continue to bet on trading based on luck, and when that luck runs out is when the biggest failures occur, so much so that when the loss is so radical, that many give up the activity.
The most important experience in trading is of course going down directly in the trade, so that we can find out where the mistakes that might occur are with what we do right away.it must be remembered that mistakes in trading will make us to keep trying to improve ourselves. then it is better to start trading directly with small and gradual values.
but I also can't close the fact that what you say can also be true that "luck" is sometimes unavoidable even though once again don't make it the main thing.
As we all know in today's world nothing can be done or can be made or prepare without knowledge even a small thing it may be, but some newbie think they know more things about the crypto world which indented them to do more trading and they are using their own trading strategies which are definitely strange and might be risky or even giving them loss.
Trading is never a sprint. It is about the long term. Do you make more on your winning trades than you lose on your losing trades? Do you have a genuine theory that you are trading or are you just guessing for excitement? If a newbie makes money on a trade that comes under the same heading as 'even a broken clock is right twice a day.'
The big schism in trading is between magical thinkers who close their eyes and press the buy or sell button without knowing why and those who approach trading like an intellectual challenge that can be learned.
The big schism in trading is between magical thinkers who close their eyes and press the buy or sell button without knowing why and those who approach trading like an intellectual challenge that can be learned.
Some newbies can equally make a trade without good knowledge of what he or she is doing and it turned out in with a very big profit. But this do happen on a rare occasion though that doesn't make trading crypto currency to be a game of chance anyway.
Trading with emotions without any practical or analytical knowledge is not good. Newbie traders often make some profit. But it is very little. Because they can't guess how much a coin or token will pump. All Traders has a big knowledge regards in trade they never expected to win in trade cause they know that in market the cryptocurrency in trade is Volatile and everybody know that in trading is unexpected wetheir we lose or win.
Some newbie in trade and they have not enough knowledge regards in trading after that they take a risk an they just lose, all they will say that trading is a scam ,fake, not reliable, and not Good to trade. That's why they lost their faith about trading . That's why some traders here give some advice on how to trade or before you trade we must learn how to enter in trading.
Some newbies can equally make a trade without good knowledge of what he or she is doing and it turned out in with a very big profit. But this do happen on a rare occasion though that doesn't make trading crypto currency to be a game of chance anyway. Some newbie in trade and they have not enough knowledge regards in trading after that they take a risk an they just lose, all they will say that trading is a scam ,fake, not reliable, and not Good to trade. That's why they lost their faith about trading . That's why some traders here give some advice on how to trade or before you trade we must learn how to enter in trading.
That is why statistics show that the forex market is not for everyone.
Yes! Trading is not a game that you can win in one or two rounds. It’s something that needs patience, knowledge and skills. I have also come across people who say that crypto trading is a scam just because they couldn’t keep up with the volatile market. Honestly, first they should learn all about crypto trading along with some patience and self control.
If you treat trading as a game, then nothing good will come of it. I know this perfectly well by my own example.
I think one of the most important factors is choosing the right exchange. I have chosen https://zikex.com/ for a long time because here low fees. I am actively involved in trading. Therefore, these factors are very important to me.
I think one of the most important factors is choosing the right exchange. I have chosen https://zikex.com/ for a long time because here low fees. I am actively involved in trading. Therefore, these factors are very important to me.
Trading crypto currency is a skill-based I must say and without a good knowledge of what trading is all about and you enter you may end up waisting your money. But if make good profit from trading and you don't have good knowledge of trading I will say that is just a luck on your side and don't expect such will happen next time again.
Others may call it a game, especially when they see it as pure gambling. This is a common misconception for the new traders, most of them (not all) tend to do Trading on the thinking of they would generate by doing, High risk and High return scheme. Most likely traders with this type of mindset are those who are just trading without data or most likely they trade or invest just because of hype.
We all know, that trading is somehow have a relation to Gambling it's just that we based our judgement on what information we can gather or what we have. It's has Green and red days, and not the other way around of always having green, or red (if this happens then there's something wrong with your data collection) there would always be a good and bad trade. While on pure gambling then it;s another thing since we only think about the profit not investment itself.
We all know, that trading is somehow have a relation to Gambling it's just that we based our judgement on what information we can gather or what we have. It's has Green and red days, and not the other way around of always having green, or red (if this happens then there's something wrong with your data collection) there would always be a good and bad trade. While on pure gambling then it;s another thing since we only think about the profit not investment itself.
Trading is not a mere game, trading is an important place where profit is a combination of losses. If you have enough experience and knowledge about the market then you can benefit a lot by trading but unfortunately you could get losses if you have not enough knowledge and experience.
Experience is a very important factor in trading, we must always take into account that for all learning process, those who are starting in trading gambling thinking that they can earn more based on "Luck". There are many people who ignore, and continue to bet on trading based on luck, and when that luck runs out is when the biggest failures occur, so much so that when the loss is so radical, that many give up the activity.
Trading for me is like a business of mine, or it could also be like a job as well.
Because, If I don't trade I won't earn for sure. Meaning, as an individual traders here in
crypto space I need consider something. Just like when I decide to buy any altcoins that means
it is already my assets in which I need to take care of it and multiply it via trading here, just
like that.
Because, If I don't trade I won't earn for sure. Meaning, as an individual traders here in
crypto space I need consider something. Just like when I decide to buy any altcoins that means
it is already my assets in which I need to take care of it and multiply it via trading here, just
like that.
If you take it seriously and you think that way, it's no longer a game but a good source
of your additional income or, for some, they really make it as their main source of income.
Depending on how good you are and how well you understand the business,
Not easy, but it can change your life if you focus and keep finding the right way of trading,
there is always flowing money to those who know how to take advantage of given opportunities.
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