Topic: Trading is not a Game . - page 6. (Read 2111 times)
Yes it's not a game that you can consider as an entertainment since it's not really entertaining at all and if you consider this as a game I can really say that it's a really expensive game, so people can now stop thinking that it's something like gambling since it's way more different than it. There's a lot to consider and a lot of ways to read the market which none of us can really predict 100% on what will happen.
We all know that anyone can enter crypto and trade. But only a select few will win. Not because you know that the basics of trading can be a livelihood in daily needs. Unwillingly and willingly, we need to learn how to follow the rules that we will lay down in every trade we start. I agree with previous posts that the only fee we pay for education is the money we lose per trade. So whatever we lose, let's just think that it is a tuition fee for us to learn.
~snip
Some people just think it was a game, I don't know why but maybe because trading is like you gamble money for a win and loose end, similar on what we do in gambling. But I don't stress myself to stand that they are wrong and I am right, it was their appreciation if they that they called it, that's fine. It's just we know that trading could really hurt us if we fail and the same feeling when we gamble and lose. What makes difference between these two is the strategy we use where trading needs deep knowledge and focus on the market which is far different from gambling.
For that, for those who want to become traders, you must learn and have knowledge in trading. First, we must be able to find out which coins are undervalued and we must be able to analyze the technical aspects of the coins we buy. Trading can be like a game because it is like a war between sellers and buyers
Trading is not a game; it necessitates a great deal of knowledge, and the trader must proceed depending on his abilities. When preparing to establish yourself as a businessperson, it is vital to understand enough about the market. It is also preferable to travel to the battlefield with enough supplies to stay on the battlefield.
You are right, I have seen many who enter trading gambling and the truth is they are very successful at first, after their luck runs out, they usually lose everything, and it is normal, because they do not acquire any teaching, and as they win in trading They bet and do much riskier trades.
Sometimes it is necessary to study a little fundamental analysis, technical analysis, even the news itself can help to see possible fundamentals and how the world is moving, this gives an idea of what can be expected in the BTC market, but the biggest Errors are in entering by gambling and with scalping style trading, because scalping so that you can see the profitability you have to bet a lot of balance and there is the danger and more when you are leveraging.
Trading is not a game; it necessitates a great deal of knowledge, and the trader must proceed depending on his abilities. When preparing to establish yourself as a businessperson, it is vital to understand enough about the market. It is also preferable to travel to the battlefield with enough supplies to stay on the battlefield.
Trading is truly not a game that's why only few I know personally who really deal with it. I mean i think they are brave person because they don't afraid to take the risks of putting an amount of their money to trade expecting for a much more amount than principal or less than the principal amount. But now I understand that those people who fearlessly trade are the one who truly educated with the platform they going to take. They educate themselves on how to trade before they start doing it so they can't start their trading journey in game of trial and error. Now as I take the same path, I know now that trading is totally not a game that once you fail you gonna hit the button try and try without learning a lesson from it.
It should be the first thing to do when you deal with this business.
It's better to have the right knowledge before taking your steps inside this industry. There are many failed investors and traders because they think this place a good venue for easy money making business. In reality, it can. If you know what you are doing and you will keep repeating your system, boring but profitable, buy low and sell high, then rinse back and try again with the same project or find another.
i think it is still okay to learn how to trade. at least know how to set buy orders and sell orders. don't make mistake of trading when you do not understand the simple process of how to trade. ypu can gamble with your money but be wise and know you can loose all you have within seconds. a little mistake can make you loose everything. it is good to learn and then try out the analysis then.
it's never too late to want to learn as long as everything is intended to be more advanced than before, as well as about trading in crypto which of course requires attention and correct analysis and is not just a game but ensures that what we will do to better understand what is happening in the end not to lose.I agree with you that if he make a mistake in crypto, can be sure that they will experience a definite loss at all funds for the trade.
Continuous learning and analysis well and continuing to be patient and not panic is needed to trade well. Mistakes can also be used as learning to do better by not repeating the same mistakes.
Trading is not a game; it necessitates a great deal of knowledge, and the trader must proceed depending on his abilities. When preparing to establish yourself as a businessperson, it is vital to understand enough about the market. It is also preferable to travel to the battlefield with enough supplies to stay on the battlefield.
Trading is truly not a game that's why only few I know personally who really deal with it. I mean i think they are brave person because they don't afraid to take the risks of putting an amount of their money to trade expecting for a much more amount than principal or less than the principal amount. But now I understand that those people who fearlessly trade are the one who truly educated with the platform they going to take. They educate themselves on how to trade before they start doing it so they can't start their trading journey in game of trial and error. Now as I take the same path, I know now that trading is totally not a game that once you fail you gonna hit the button try and try without learning a lesson from it.
Trading is not a game; it necessitates a great deal of knowledge, and the trader must proceed depending on his abilities. When preparing to establish yourself as a businessperson, it is vital to understand enough about the market. It is also preferable to travel to the battlefield with enough supplies to stay on the battlefield.
i think it is still okay to learn how to trade. at least know how to set buy orders and sell orders. don't make mistake of trading when you do not understand the simple process of how to trade. ypu can gamble with your money but be wise and know you can loose all you have within seconds. a little mistake can make you loose everything. it is good to learn and then try out the analysis then.
it's never too late to want to learn as long as everything is intended to be more advanced than before, as well as about trading in crypto which of course requires attention and correct analysis and is not just a game but ensures that what we will do to better understand what is happening in the end not to lose.I agree with you that if he make a mistake in crypto, can be sure that they will experience a definite loss at all funds for the trade.
Continuous learning and analysis well and continuing to be patient and not panic is needed to trade well. Mistakes can also be used as learning to do better by not repeating the same mistakes.
i think it is still okay to learn how to trade. at least know how to set buy orders and sell orders. don't make mistake of trading when you do not understand the simple process of how to trade. ypu can gamble with your money but be wise and know you can loose all you have within seconds. a little mistake can make you loose everything. it is good to learn and then try out the analysis then.
Indeed, trading is not a game. If you do not know what you are doing then it becomes a gambling where you can get profit and loss your money. But if you know what you are doing and you are always getting profit, then trading becomes your parttime job.
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 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.
actually in the game we also need a strategy in order to get full points, just like trading, where analysis, RR calculations, etc. are needed. it is different with gambling, where we bet between life and death, and I don't think trading is like that, where success can be planned long term and structured. but to master the science of trading it takes a long process, which will be different for each person
no one doing any work will instantly and immediately succeed, especially regarding trading, obviously I completely agree with you that it takes a process to be able to master and everyone will be different to be able to master it so that you can understand.even though you already understand, the possibility to succeed will not be the same even though it is possible with the same system, because it also takes patience and does not panic quickly, of course, everyone will be different. but if it is practiced properly, it is certain that everything will work out well even though it may not work out, but it is necessary to keep trying and not be discouraged.
I don't agree that trading is a game, although maybe the risks experienced will be the same but the way to do it is clearly very different and trading will always require good analysis and need patience in executing it, but not only luck is the most important factor in the game.
Trading is not a game .because they know that in market the cryptocurrency in trade is volatile and everybody trading is unexpected wethir .we lose or win .that's why some traders here give some advice on how to trade before you trade we must learn how to enter in trade.
I think most of the newbie lose their money at the first in trading due to their lack of knowledge and one more thing due to their understanding that they know much about the trading and all the coins, even in trading experience is very important and for newbie it is compulsory to analyze the coins fully and then start their trading on those coins.
Yeah sure, I see a lot of newbie traders that are like that. They don’t know what they are doing, maybe they happen to gain a little experience or try their hands on some demo trading and they think that’s enough for them to begin trading. And a lot of them are fond of speculating a lot, their trades are always all about guessing what the outcome will be like they are gambling with choices. They never sit down and learn it, then take their time to analyze the market and know where it’s heading to.
This is really important, but they estimate that, and at the end they feel that trading is a scam and that the market is being manipulated by a set of people to benefit themselves alone. Of course we do know that manipulation plays a part too, but if you know what you’re doing, you’re always going to find a way out of every situation.
This is really important, but they estimate that, and at the end they feel that trading is a scam and that the market is being manipulated by a set of people to benefit themselves alone. Of course we do know that manipulation plays a part too, but if you know what you’re doing, you’re always going to find a way out of every situation.
Trading is not a game it requires a lot of knowledge and the trader has to move forward based on his skills.
Needs to work with his own knowledge as market keeps moving and you need to adjust to continue getting benefits.It is important to learn enough about the market when you are preparing to establish yourself as a businessman it is better to go to the battlefield with enough supplies to keep oneself on the battlefield.
It's a must that you have all the equipments that you need or even the right knowledge to survive the battle, along the way it's your decision making that will help you to win and succeed.It is important to know the beginning and end of it, all the factors of the market and always keep yourself updated success is easy if you know the trading strategies.
Success is for those who are keen in learning all the fundamentals and willing to move accordingly.
Trading crypto currency can equally be taking as a game too. This is so because in playing game one really need to be calculative and same thing applied in trading crypto currency if you know what trading and playing gambling means to be successful. I trade and at that same time I do play gambling and I know what means to be successful in both of them.
1. Have to be calculative
2. Have to be patient
3. Work within you budget
4. Don't be too greedy
5. Stick to your money management policy
6. You can add your own
All these factors are mostly considered in both trading and gaming/gambling.
1. Have to be calculative
2. Have to be patient
3. Work within you budget
4. Don't be too greedy
5. Stick to your money management policy
6. You can add your own
All these factors are mostly considered in both trading and gaming/gambling.
The profession as a crypto trader is a profession that must already be equipped with basic knowledge, without it may be someone
like gambling and this is the thing to avoid in trading. Therefore, with the EMA, RSI, MACD, then these are the basics of trading
that must be mastered, at least, you sail with the goal. And maybe that alone is not enough, because sometimes the crypto market
can not be controlled and analyzed technically. Perhaps experience can help you to minimize losses so that past mistakes do not recur.
like gambling and this is the thing to avoid in trading. Therefore, with the EMA, RSI, MACD, then these are the basics of trading
that must be mastered, at least, you sail with the goal. And maybe that alone is not enough, because sometimes the crypto market
can not be controlled and analyzed technically. Perhaps experience can help you to minimize losses so that past mistakes do not recur.
Trading is not a game it requires a lot of knowledge and the trader has to move forward based on his skills. It is important to learn enough about the market when you are preparing to establish yourself as a businessman it is better to go to the battlefield with enough supplies to keep oneself on the battlefield. It is important to know the beginning and end of it, all the factors of the market and always keep yourself updated success is easy if you know the trading strategies.
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