Topic: Trading is not meant 4everybody - page 5. (Read 1192 times)
Trdaing is an craftsmanship and combinationatin of numerous aptitudes in the event that you pick up these abilities will never conclusion with zero.Trading is fair for individuals with a parcel of tolerance and with diverse technique, information and aptitudes. Individuals with self teach and able to control feelings, with a part of time to center on exchanging and hazardous. In case you do not have that capability at that point I think exchanging is truly not for you. Trading require consideration and time so on the off chance that you prepared for it at that point go mind it.
Most of the times I say to the traders, and opinion is for the traders also that quitting the trading is not a solution to the problem, here must be some risks in trading and most of the times the coin which we had bought suddenly goes up and sometimes suddenly goes down, so there is a slight role of fortune is present in trading too, keep trying and getting experienced is the key to get profit.
Trading is not really meant for everybody but the question is, how can a person determine whether they are not meant to do trading? When they lose $100? When they lose $500? When they lose $1,000 and so on?
The answer will vary per person.
Let those people just continue to trade despite the loss. Sometimes the road to success can be achieved after a painful and heavy loss.
However, even if you see yourself as a good trader and yet, you still keep on committing losses, i guess there's something wrong with how you trade, either you fix it and learn more about trading, or quit from trading so you won't be making losses at all. This only proves that trading may be done by everyone, but not everyone is capable to do a good and profitable trading. Although trading can be learned, but its still undeniable that only few traders have remained successful in this kind of industry.
Trading is not really meant for everybody but the question is, how can a person determine whether they are not meant to do trading? When they lose $100? When they lose $500? When they lose $1,000 and so on?
The answer will vary per person.
Let those people just continue to trade despite the loss. Sometimes the road to success can be achieved after a painful and heavy loss.
Trading is not really meant for everybody but the question is, how can a person determine whether they are not meant to do trading? When they lose $100? When they lose $500? When they lose $1,000 and so on?
The answer will vary per person.
Let those people just continue to trade despite the loss. Sometimes the road to success can be achieved after a painful and heavy loss.
I don't completely agree that trading is not for everyone, anyone can trade effectively if they are patient enough to learn all that is to it, no body was born with knowledge of trading or any other skill there is in this world, what people are good at, they took their time to learn and become good at it.
If you really wanna trade but keep loosing when you do, don't think it's totally not for you, it only requires patience and time to learn, you decide that trading is not for you if you can't be patient and give yourself time to learn how to.
Well you have a point, trading is for everyone who are interested and willing to learn. However not everyone can be successful as a trader. Losing is part of trading but that doesnt mean you cant get back what you've lost because there's always a chance as long as you dont stop. But lets admit that if we keep having losses (regardless of the strategy) its discouraging. So if you're not successful as a trader, you can choose other path to take. Its possible that there are other career that you can pursue and meant for you to become successful. If you really wanna trade but keep loosing when you do, don't think it's totally not for you, it only requires patience and time to learn, you decide that trading is not for you if you can't be patient and give yourself time to learn how to.
@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.
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.
I think you have to be get use to lost whenever you are trading, if trading is only about profit then that's what everybody will be doing but definitely something they will be lost but just make sure your profit is just far more than your lost. If you think you can't bear the lost then trading is not for you and if you are a trader always trade with the money you can afford to lose because anything can happen at any time.
In trading talking about losses is common, you should not be ashamed if you lose, on the contrary, sometimes losses are the ones that make you learn the most, when you lose it is an excellent option to realize that the vision of trading that you have is not the right one, that the strategy and plan are not correct. I have seen many YouTubers who say they give good advice on trading but they never show their balances, neither when they win nor when they lose, but they never talk about losing and how much they lose (If they actually trade), what if you should be careful the person is that his balance is always positive and not negative, that he always remains in profit.
I don't really believe in people that produce tutorial videos on how to trade most of them only talk about the profit aspect of cryptocurrency trading and they don't make mention of the lose aspect which always mislead newbies, As a newbie that don't know anything about cryptocurrency and you want to start from the beginning after watching all those videos on YouTube your mentality will be cryptocurrency is just about making profit(fit you buy a coin and you will sell at profit), not talking about losing money which they do. So as a newbie after trading and losing they endup feel bad and been disappointed which will make them lose interest in Cryptocurrency which is very bad. My advice is that if anybody is creating a video or teaching anybody cryptocurrency always talk about the profit and the lose, me in particular if am teaching a newbie about cryptocurrency I always emphasize on the lose aspect so that whenever you lose you won't be disappointed.
That is what I try to say, many youtubers or influencers only show their advice when they win, but none dared to show their balance and operations before making the trade, and they do not show their losses, I think that in trading the fact of Losing is something normal, no need to be alarmed by that, in fact those who lose gain much more knowledge, as long as they identify the reason why they lost, in the BTC market the emotions of the people as well as the plans can greatly influence of the whales and the possible fundamental news that can change the meaning of everything that the market has to do, but they should lose it, they are much more transparent, I have only seen 1 youtuber who does it and is Spanish-speaking.
Trading is not a thing you can just get up and decide to do,it something you must learn,study,follow up,learn from people that have experience,before you can start or think of doing.
So many people who did not sit-down to learn trading really lost enough money before they start gaining because they did not learn.Trading need strategies to follow it,it needs constant check-up.If it isn't really good for you,you can just throw in the towel.
So many people who did not sit-down to learn trading really lost enough money before they start gaining because they did not learn.Trading need strategies to follow it,it needs constant check-up.If it isn't really good for you,you can just throw in the towel.
Trading is not for everyone because not everyone can have the determination it requires. It’s a long-term journey. You lose and win. However, that consistency takes time, patience, and a high risk appetite.
There's more losers than gainers in trading too so it's not unjust to say that it's not for everyone, I did try my hands on gambling once too and look where it got me? I lost more rather than gaining despite doing the right thing and then the market doesn't favor me so I just stopped doing it altogether. I think that the best thing that we should do is evaluate ourselves first before anything else when we are trading.
indeed, trading is not for everyone. It is important to understand that for a trader this can really explain a lot.
Trading is meant for those that have strong mind to bear when loss occurred and move on with their trading to get to where other traders is in profit making. A good trader never allow the past failure to draw them back in the market than to see the past as what has gone which will never come back again.
Trading is meant for those that always carry out their research all the time to know when to make profit and when to hold till the price of the coin increase higher before distributing to the market. Those that view the market before supply always last longer in profit making in the market.
Trading is meant for those that always carry out their research all the time to know when to make profit and when to hold till the price of the coin increase higher before distributing to the market. Those that view the market before supply always last longer in profit making in the market.
Trading is not for everyone because not everyone can have the determination it requires. It’s a long-term journey. You lose and win. However, that consistency takes time, patience, and a high risk appetite.
If you think you have all the guts to make a good trader, the motivation and determination to succeed, and of course the patience that is highly needed, then i think trading is for you. But it will take time to develop all of these, there would be a lot of losses and gains to achieved before you can say that you can be a good trader.However, this is also true that trading is not for everyone here. Many tries to do trading and even prepared much, but they still lose and end up quitting in trading. Sometimes, luck may also matter into trading, but most of the time its more on building skills and strategies, and having the right attitude towards trading.
Trading is not for everyone because not everyone can have the determination it requires. It’s a long-term journey. You lose and win. However, that consistency takes time, patience, and a high risk appetite.
I don't completely agree that trading is not for everyone, anyone can trade effectively if they are patient enough to learn all that is to it, no body was born with knowledge of trading or any other skill there is in this world, what people are good at, they took their time to learn and become good at it.
If you really wanna trade but keep loosing when you do, don't think it's totally not for you, it only requires patience and time to learn, you decide that trading is not for you if you can't be patient and give yourself time to learn how to.
That's very much true. Nobody is born as a successful trader. It all depends on how much you work hard to acquire knowledge necessary to become successful trader. There is no defined strategy to become successful trader, everyone learns ( through his mistakes over the time ) and create his own. We have to remember one thing that majority of short term traders end up in loss. Real win is in long term investment. If you really wanna trade but keep loosing when you do, don't think it's totally not for you, it only requires patience and time to learn, you decide that trading is not for you if you can't be patient and give yourself time to learn how to.
However since I was a long term investor before crypto, I became a great long term investor after I met with crypto as well. For me it is simple, you just buy something and it ends, you literally do nothing else but for some people not selling seems to be a problem specially during big crashes. So it is definitely not born with, but it could be great as soon as you start if you did it before.
Very true, some people are just not made for trading and it really isn't shameful to accept this fact. In fact, people try the same thing over and over again and think that this time they might be successful because their luck is with them, but the truth is entirely different, you have to be experimental and you have to change the way according to the mistakes you made in the previous experiments, and after a few experiments, you should analyze whether you are really made for trading or you are doing it just in the peer pressure of doing trading. Also, I feel there is no point in facing continuous losses just to prove to yourself you can trade when you really can't so self-introspection while trading is really very important.
Sure trading is not for everyone, because it needs patience, a lot of time to learn different trading strategies and skills involve in trading. Also it's important to know that once you decide to go into trading, you should know the risks involved in it. So if one can take the risk and learn more about trading before going into trading properly will surely lead to more profit.
Too easy to say yet hard to do because trading will always take some time before anyone could trade with ease using their different strategy. And also, even those long time traders are still losing but I'm sure they can manage the risk or few losses by gaining profit on the other day.I would say trading is not really meant for everybody but meant for someone who do give some effort to learn after losing and not those who lost just choose to quit instead of learning where they made their mistakes on why they lose in trading. Once you learn to value your losses you will learn and your hard work and effort will pays off.
I don't completely agree that trading is not for everyone, anyone can trade effectively if they are patient enough to learn all that is to it, no body was born with knowledge of trading or any other skill there is in this world, what people are good at, they took their time to learn and become good at it.
If you really wanna trade but keep loosing when you do, don't think it's totally not for you, it only requires patience and time to learn, you decide that trading is not for you if you can't be patient and give yourself time to learn how to.
If you really wanna trade but keep loosing when you do, don't think it's totally not for you, it only requires patience and time to learn, you decide that trading is not for you if you can't be patient and give yourself time to learn how to.
That's very much true. Nobody is born as a successful trader. It all depends on how much you work hard to acquire knowledge necessary to become successful trader. There is no defined strategy to become successful trader, everyone learns ( through his mistakes over the time ) and create his own. We have to remember one thing that majority of short term traders end up in loss. Real win is in long term investment.
Sure trading is not for everyone, because it needs patience, a lot of time to learn different trading strategies and skills involve in trading. Also it's important to know that once you decide to go into trading, you should know the risks involved in it. So if one can take the risk and learn more about trading before going into trading properly will surely lead to more profit.
I don't completely agree that trading is not for everyone, anyone can trade effectively if they are patient enough to learn all that is to it, no body was born with knowledge of trading or any other skill there is in this world, what people are good at, they took their time to learn and become good at it.
If you really wanna trade but keep loosing when you do, don't think it's totally not for you, it only requires patience and time to learn, you decide that trading is not for you if you can't be patient and give yourself time to learn how to.
If you really wanna trade but keep loosing when you do, don't think it's totally not for you, it only requires patience and time to learn, you decide that trading is not for you if you can't be patient and give yourself time to learn how to.
Got your point, and it's a mindset that needed to enhance when you are working inside this
business, trading is a good venue to earn but there are many struggles that you need to patiently
observe in order to enhance your capabilities, if you know how to deal with this the right way
you will always find ways to adjust.
I do not agree with this at all, if you are depending on your luck in order to make money then you are not really trading but gambling, it is true that many people do this but I do not consider them traders at all, if what you said was true then there would not be consistent winners in the market, but we know there are, and this is evidence that your skill is more important than your luck, can luck affect some of the outcomes you get? Of course, but your skill can eventually overcome the bad luck that could come to you with ease given enough time.
Real traders don't depend on luck to make profit, if there are traders who depend on luck when trading, I think they are gamblers not traders. Therefore trading is not for everyone, only people who want to learn all things about trading that are suitable for trading. I have several friends
who are already making regular profits through trading, and my friend is trading relying on the analytical skills he has, then helped by experience
that made every decision he made mostly right. Indeed, there is no guarantee that we can continue to profit when trading, but if the amount of
profit generated is greater than the loss experienced, that includes successful traders.
I agree that experience is an important factor that enables us to make the right decisions. Because people who are experienced in the crypto world,
it is smarter to choose coins that are suitable for trading. Of all the coins circulating now, not all are good for trading, from experience we can know
the criteria for potential coins for trading. Another important thing from our trading experience is that we can learn from the mistakes we have made,
so that they do not happen again in the future. So don't worry if we are new to the world of trading, we often make mistakes, and often choose
the wrong coins. That will be our experience, to be a lesson, in order to do better. Indeed crypto trading is not easy, sometimes it requires
a long process, to really understand how the crypto world works.
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