Trading is not meant 4everybody | Bitcointalksearch.org

ultrloa

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Quote from: molsewid on February 07, 2022, 03:18:06 AM

Quote from: Rehan Zakir on February 07, 2022, 12:40:04 AM

Your topic helps out lot of peoples that are new in trading. And there are losing their money day by day. So, its a best advise for him that first learn some knowledge about trading then take any step. Without knowledge and trading skills you will not get success in trading. It is a possibility that one day your trade becomes in profit and the next day you lose your profit and investment too. So, first learn about trading, technical analysis, fundamental analysis, and risk management. And then take any step. If you still fail in trading then choose another field.

That's why I believe in a thought that anything can be learn, maybe to some or other people trading is not meant for everyday but I could say that it can be learn, maybe at the start it seems hard for them especially newbies but in the long run as they get more experience and knowledge all through their journey they know what trading is all about and they can now assess if trading is for them or not. For me, learning the basic skills about trading and technical analysis should be the solid foundation of a certain traders.

Trading can be learn by anyone since we can dig up some informations about it for free everywhere and if a person have courage to learn this even if how hard it us to learn for sure he succeed in the long run. But in reality in this space many lazy people think about earning a quick bucks on trading they didn't want to seek more information and enhance their skills that's why mostly they are the one who get burn and we see them quit after that incident happen.

molsewid

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Quote from: Rehan Zakir on February 07, 2022, 12:40:04 AM

Your topic helps out lot of peoples that are new in trading. And there are losing their money day by day. So, its a best advise for him that first learn some knowledge about trading then take any step. Without knowledge and trading skills you will not get success in trading. It is a possibility that one day your trade becomes in profit and the next day you lose your profit and investment too. So, first learn about trading, technical analysis, fundamental analysis, and risk management. And then take any step. If you still fail in trading then choose another field.

That's why I believe in a thought that anything can be learn, maybe to some or other people trading is not meant for everyday but I could say that it can be learn, maybe at the start it seems hard for them especially newbies but in the long run as they get more experience and knowledge all through their journey they know what trading is all about and they can now assess if trading is for them or not. For me, learning the basic skills about trading and technical analysis should be the solid foundation of a certain traders.

Rehan Zakir

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Your topic helps out lot of peoples that are new in trading. And there are losing their money day by day. So, its a best advise for him that first learn some knowledge about trading then take any step. Without knowledge and trading skills you will not get success in trading. It is a possibility that one day your trade becomes in profit and the next day you lose your profit and investment too. So, first learn about trading, technical analysis, fundamental analysis, and risk management. And then take any step. If you still fail in trading then choose another field.

bhadz

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Quote from: EdenHazard on February 05, 2022, 06:45:25 PM

Quote from: bhadz on February 05, 2022, 03:48:44 PM

Quote from: 2girls on February 05, 2022, 01:36:08 PM

Profit and loss are the part of trading, even pro experienced traders also get loss in trading, so it's not a big deal. First, learn then earn. If you don't have money to practice your trades then make account in trading view and open demo account where you will get 100000$ free. You can buy any coin with that $.

Everybody has to deal with losses and no one can skip that part. Even how you try hard to practice trading and doing the real thing. If you're not profitable and productive.
You better skip the part and do something else that's making your time worth it. People say "try and try until you succeed" but, how long you're going to try if you keep on losing your money?

Well if you keep losing money then you have to set a lost limit.

And moreover take a look back .. research what makes you keep on getting losses after losses.
Do it thoroughly , and back to trade with those analysis and see does it make a difference? You should indeed never stop chasing your dream and when it comes to trading .. it is a must for you to have a limit, it's a must! Dont stop just set a limit and get better.

If it's not normal anymore that you've been getting losses. You have to adjust and just stop for that while. Because if you're not in the mood and you keep getting losses.
You're just wasting your resources with trades that you can't win. Might get to know more through holding just like what the others have done when they've been not effective traders anymore.

EdenHazard

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Quote from: bhadz on February 05, 2022, 03:48:44 PM

Quote from: 2girls on February 05, 2022, 01:36:08 PM

Profit and loss are the part of trading, even pro experienced traders also get loss in trading, so it's not a big deal. First, learn then earn. If you don't have money to practice your trades then make account in trading view and open demo account where you will get 100000$ free. You can buy any coin with that $.

Everybody has to deal with losses and no one can skip that part. Even how you try hard to practice trading and doing the real thing. If you're not profitable and productive.
You better skip the part and do something else that's making your time worth it. People say "try and try until you succeed" but, how long you're going to try if you keep on losing your money?

Well if you keep losing money then you have to set a lost limit.

And moreover take a look back .. research what makes you keep on getting losses after losses.
Do it thoroughly , and back to trade with those analysis and see does it make a difference? You should indeed never stop chasing your dream and when it comes to trading .. it is a must for you to have a limit, it's a must! Dont stop just set a limit and get better.

ultrloa

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Quote from: Oilacris on February 05, 2022, 04:57:12 PM

Quote from: bhadz on February 05, 2022, 03:48:44 PM

Quote from: 2girls on February 05, 2022, 01:36:08 PM

Profit and loss are the part of trading, even pro experienced traders also get loss in trading, so it's not a big deal. First, learn then earn. If you don't have money to practice your trades then make account in trading view and open demo account where you will get 100000$ free. You can buy any coin with that $.

Everybody has to deal with losses and no one can skip that part. Even how you try hard to practice trading and doing the real thing. If you're not profitable and productive.
You better skip the part and do something else that's making your time worth it. People say "try and try until you succeed" but, how long you're going to try if you keep on losing your money?

Lots of trial and error i would say and if you do commit out some mistakes or wrong trades then try to understand and study it again on where did you get wrong and trying out to reverse

your strategy and find out if it would be somewhat effective on some trades and this would be a continues tries until you do see yourself to be sustaining in this market.

There are things which are really meant for everyone but doesnt mean that you would easily give up and think that you couldnt able to do it.

Many have this mindset but they struggle to apply those things on their own that's why sometimes its good to have circle of friends doing this since if you are surrounded by people who always trade you will be motivated to follow what they did and be inspire to explore more since you will not get bored for trying it up again in again.

So for this I recommend for other who's starting up better find a group which have same interest with you since it can help you get some knowledge from the discussion you will gotten from them.

TheEconomists

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I strongly believe that learning from your own mistake is an indication that you have failed already for I do believe that learning from other people's us the best way to learn and not really your own mistake. This is because in trading it is possible that in the process of you learning from your own mistake you may end up losing all your money and you may not be able to get back to your feet again.

Oilacris

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Quote from: bhadz on February 05, 2022, 03:48:44 PM

Quote from: 2girls on February 05, 2022, 01:36:08 PM

Profit and loss are the part of trading, even pro experienced traders also get loss in trading, so it's not a big deal. First, learn then earn. If you don't have money to practice your trades then make account in trading view and open demo account where you will get 100000$ free. You can buy any coin with that $.

Everybody has to deal with losses and no one can skip that part. Even how you try hard to practice trading and doing the real thing. If you're not profitable and productive.
You better skip the part and do something else that's making your time worth it. People say "try and try until you succeed" but, how long you're going to try if you keep on losing your money?

Lots of trial and error i would say and if you do commit out some mistakes or wrong trades then try to understand and study it again on where did you get wrong and trying out to reverse

your strategy and find out if it would be somewhat effective on some trades and this would be a continues tries until you do see yourself to be sustaining in this market.

There are things which are really meant for everyone but doesnt mean that you would easily give up and think that you couldnt able to do it.

bhadz

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Quote from: 2girls on February 05, 2022, 01:36:08 PM

Profit and loss are the part of trading, even pro experienced traders also get loss in trading, so it's not a big deal. First, learn then earn. If you don't have money to practice your trades then make account in trading view and open demo account where you will get 100000$ free. You can buy any coin with that $.

Everybody has to deal with losses and no one can skip that part. Even how you try hard to practice trading and doing the real thing. If you're not profitable and productive.
You better skip the part and do something else that's making your time worth it. People say "try and try until you succeed" but, how long you're going to try if you keep on losing your money?

Fatunad

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Quote from: 2girls on February 05, 2022, 01:36:08 PM

Profit and loss are the part of trading, even pro experienced traders also get loss in trading, so it's not a big deal. First, learn then earn. If you don't have money to practice your trades then make account in trading view and open demo account where you will get 100000$ free. You can buy any coin with that $.

Demo trades could really be ideal but this wont really be that a good thing for you to practice out yourself on sustaining trades since this would really be just good for
familiarization and nothing beats out on getting some learning when doing some actual trades with actual funds you do have in your account.Im not saying its a must
but it would really be ideal on having this way but if you dont have initial capital to start but you are really eager on learning up trading then demo trades is considerable.
Dont think about 100% winning rate because it wont really happen no matter how you do make trades because this market would be talking always about sustainability.

2girls

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Profit and loss are the part of trading, even pro experienced traders also get loss in trading, so it's not a big deal. First, learn then earn. If you don't have money to practice your trades then make account in trading view and open demo account where you will get 100000$ free. You can buy any coin with that $.

Peanutswar

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Today in every social media platform promoting trading tells trading looks like an easy thing and they can earn double the capital just by making a prediction on the market price which is right but again once you want to trade make sure you are ready your capital, emotional, mental and physical damage to your every trade not all the time the market will give you a good profit. If you think your knowledge is just basic try to learn more its fundamental to prevent losing a lot and save your money.

mardaed

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I believe that trading is not meant for someone who is not willing to be someone knowledgeable of what he or she does. Whether it is in terms of seeking knowledge about the market, portfolios, coins, emotion control, or learning from mistakes of oneself or of the others. Anyone can be meant for trading for as long as they work their way through it seriously and focus on gaining skills a much as gaining profits.

Sebas.tian

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Quote

@Mpamaegbu
Newbies like us do not like to hear loses cause it always pissed us off. Profits is what we always like to hear, maybe it keeps us going to the doom site. I'm relearning.

That is what you cannot avoid in trading because losses make you stronger in the community. Never you trade with fear as a newbie than to have a strong confidence in your trading and always carry out your personal research before trading your coins in the market. Always try to obey the rules and regulations of the market so that losses will be far from your trade.
This new year is an opportunity for learner to learn from their mistake that happened last year 2021. Now that the price of many coins has dropped price over few months ago that caused many traders to loss massive income. In this season of profits making,there will be a lot of profits to achieve in the community.

jamkesmas

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to be requires patience, controlling emotions and of course a good experience. Don't be easily tempted by people who are already successful and become rich, they have been through hard work. Sometimes I see people want to be traders because some people think that traders are synonymous with success.
Before plunging into trading, you should first learn from people who are already successful.

boyptc

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Quote from: stomachgrowls on February 04, 2022, 06:47:24 PM

Quote from: boyptc on February 04, 2022, 06:33:22 PM

It's not for everyone but it doesn't mean that everyone shouldn't trade which includes the newbie. Those that don't have skills and experience yet, they can gain that as they trade.

But they should have a lot of patience for them to achieve it because to become at least average or good in trading, you'll go through tough times and losses.

And if you realize that it's not really the way you want to, simply stop and no need to pressure and stress it out.

You wouldnt know unless you do try this had been always the principle on which you should done it first before making out conclusions that this thing isnt for you.People do mostly easily give up

on the times of distress or problems without even realizing or trying out to solve out problems and directly quit because they do feel to do so.Trading isnt indeed for everybody

but doesnt mean that you wouldnt try and if you do have the passion on doing it then most likely you would really sustain this unpredictable market.

Those that are not really for trading, they give up early. But there goes that despite they're not really for trading, they still try for so many times until they realize that it's not really for them.

And there goes those that are starters and just new in the market, they try and luckily they succeed. That's life in trading, if it's not really for you, you can try harder and check if it's really for you.

But if not, just move on and think of another strategy investing in the crypto market.

Viscore

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Anyone can do trading but not meant for everyone especially for those people who has inability to control their emotions.Not everyone has this ability (knowledge, skills,patience,emotional and financial descipline) which needs to be a successful trader.

If you want to be a successful trader you need to learn the basic strategies in trading. As a trader,you need to be knowledgeable before entering the market.And also,you must have the patience and learn how to control your emotions in every bad situation. Dont be greedy,cut your losses as soon as possible in terms of having a bad trade.

If you dont follow this strategy then maybe trading is not meant for you.

Lordhermes

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Trading is taking risk.It is seeing what will take away your money and following.Trading is a thing of the heart,and it is for only those who have decided to bare anything that comes out of it.
Taking risk is part of life,and most people who refuse to take risk end up being unhappy in future.

In trading,you must be ready to loose money sometimes because it's not every time that market will be good to us.And when some people see how much money they lost,they feel quiting.

Ryker1

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Well in my opinion, --taking the risk is what trading means. Naturally, it entails losses, and if you won't likely want to experience that, only then you will know trading is not for you because trading is really not for everyone, it is for people who know how to accept failures and continue what they have started. It could be trading is not meant for everyone because others don't have enough knowledge on it, see what happens to those who trade because of they heard profit they are most likely to become a loser.

stomachgrowls

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Quote from: boyptc on February 04, 2022, 06:33:22 PM

Quote from: olib123 on February 04, 2022, 11:50:16 AM

Well it seems that is right that trading is not meant for everyone, trading is those people who have already skills and knowledge on it and if you don't have this, it seems you are wasting time and money. Many people think that trading is very easy to gain profit but they never know how hard it is to guess the market without any preferences just only hope that your speculation will become right. Because it took years for me before I have learned in trading but even that long I did not pursue myself to stay in gambling.

It's not for everyone but it doesn't mean that everyone shouldn't trade which includes the newbie. Those that don't have skills and experience yet, they can gain that as they trade.

But they should have a lot of patience for them to achieve it because to become at least average or good in trading, you'll go through tough times and losses.

And if you realize that it's not really the way you want to, simply stop and no need to pressure and stress it out.

You wouldnt know unless you do try this had been always the principle on which you should done it first before making out conclusions that this thing isnt for you.People do mostly easily give up

on the times of distress or problems without even realizing or trying out to solve out problems and directly quit because they do feel to do so.Trading isnt indeed for everybody

but doesnt mean that you wouldnt try and if you do have the passion on doing it then most likely you would really sustain this unpredictable market.

Topic: Trading is not meant 4everybody (Read 1201 times)