I think trading is for everyone. I mean everyone who is ready to take risks, dedicated to learning and honing skills. Maybe you are right that beginners will experience some losses, but for persistent people, it is just a journey to success. In reality, everyone was once a beginner. and everyone experiences the same thing, right?
Just, never buy with the money you need to live. So that if something bad happens, it doesn't affect your situation. and don't forget to do an analysis first. study it first, watching it, and do it slowly until you understand how it works. And be careful about what the media says. mostly it's just creepy icing on the cake.
Topic: Trading not for everyone! - page 5. (Read 3296 times)
Trading isn't a place where you can make easy profit at all. People should understand that Trading always contains risk and Specially you need to have deep knowledge about technical analysis. A single wrong decision can cause big loss. So analysis is very important and need to spend a lots of time for that. Besides trading also a game of patience where you need to hold yourself tightly when you see market moving to opposite direction from your entry and newbie always sold out in such situations
I believe trading is not for everyone, but everyone has all the chances to learn to trade. It’s up to us how we will maximize that opportunities to learn trading so we can also gain the best trading experiences. Because I do believe that those traders who are living in success and good life today are actually not good traders when they are starting, since we all started from the scratch, but due to their willingness to learn and inevitable desire to make profits, they have unlock their potentials and become amazing and incredible traders in the process.
Hence, trading is not actually limited for good and reliable traders only, but everyone is open to trade, provided that they have come to understand the risks, and should exert more hard work and efforts to learn trading and overcome all the risks.
Hence, trading is not actually limited for good and reliable traders only, but everyone is open to trade, provided that they have come to understand the risks, and should exert more hard work and efforts to learn trading and overcome all the risks.
Both Bitcoin and other altcoins are almost equal when it comes to trading because all other cryptos including Bitcoin fluctuate in price and no one can guarantee or accurately predict when the price of any coin will rise or when the price of Bitcoin will rise. So all coins including Bitcoin are risky when it comes to trading. But if you are thinking of holding then Bitcoin is definitely better because long term investment is more likely to profit from Bitcoin and it is more guaranteed. I am not giving financial advice to anyone. I only mean that Bitcoin has made history so far
Yes Bitcoin will make history in future as it is making history now. But I couldn't agree with you because you said investing or trading in Bitcoin has the same risk as other coins or alt coins.Investing in bitcoins is more convenient and less risky than other coins because the price of bitcoins does not fall suddenly as much as other coinsWhen the price of Bitcoin falls, it recovers quickly, for which no one is harmed but many gain. Experienced traders or investors will never compare Bitcoin investing or trading with alt coins because they know that trading or investing in Bitcoin is much less risky than other coins.
Day trading or short term trading is not for me at-least and there are much success stories. Even experienced day trader finds it hard to tackle Bitcoin and incur heavy loses. Its always best to invest in Bitcoin for long term since thats the most reliable way to invest in any trading market. Day trading can give you profit occasionally but in the long run you are deemed to lose.
Day trading is not a bad strategy to me anyways. Sometimes the error might be as a result of not having a proper trading plan. Trading plan covers a whole lot.
Some people trade without a solid plan of maybe day trading or swing trade. If you plan to day trade I think it's best done scalping the market to archive a particular target(inclusive in your trading plan) and after archiving that you close for the day.
Meanwhile swing trades you trade them and allow the trades to bring all what it gats regardless of the period of time it would last. Some people enter scalp trade entries and hope for a big and long term wins which latter bounces back and ends them in a loss. I'm also a victim of this but really trying to correct it though.
So know the one you belong and hold tight.
I would say yes in so many cases, yes trading of futures is not for newbies, yes trading is not for for someone that have no knowledge of the craft, yes trading is not for an impatience person, yes trading is not for someone that have no knowledge of technical analysis, yes trading is not for those that think it's a get rich quick scheme, yes it not for everyone because their are some people that even though they are being taught trading since from childhood, they wouldn't still know anything about it, but just know that in trading, their are people that are born for it, they knows the craft like ABC, even though they get some losses at some point, they will still be profitable, because they know how to manage their risk, so you are right, trading is not for everyone.
Good points, however, apart from these things, the biggest thing is capital. Trading is mainly beneficial for those who have the capital that they can use for trading because even though there is no limitation when it comes to that, someone with a low capital will barely get anything out of trading and they will have to spend a lot of time to increase their capital to an extent that they will be able to get a reasonable amount from their trading.
All other things can be learned, a newbie can learn how to trade in the futures market if they give it time, someone can learn to do technical and fundamental analysis, and one might even learn to stay patient at certain times, but when it comes to capital, one will need to first accumulate money to get that ready and then get into trading.
It is really just that giving off that kind of edge on making some bigger positions on getting those higher possible profits once you do able to make that right or good trade but of course it would same goes when you would really be able to lose up money too on which we know that this is something that inevitable. Someone could still really that able to make themselves deal up with trading effectively despite on having
that less or small capital that they do have. What matter most on here is that you do really know on how to make yourself that able to sustain for longer runs.
Trading isnt really for everyone just like on other things as well on which no matter how hard you do try but still you do end up on losing despite on the long time
that you are already dealing with it.
I would say yes in so many cases, yes trading of futures is not for newbies, yes trading is not for for someone that have no knowledge of the craft, yes trading is not for an impatience person, yes trading is not for someone that have no knowledge of technical analysis, yes trading is not for those that think it's a get rich quick scheme, yes it not for everyone because their are some people that even though they are being taught trading since from childhood, they wouldn't still know anything about it, but just know that in trading, their are people that are born for it, they knows the craft like ABC, even though they get some losses at some point, they will still be profitable, because they know how to manage their risk, so you are right, trading is not for everyone.
Good points, however, apart from these things, the biggest thing is capital. Trading is mainly beneficial for those who have the capital that they can use for trading because even though there is no limitation when it comes to that, someone with a low capital will barely get anything out of trading and they will have to spend a lot of time to increase their capital to an extent that they will be able to get a reasonable amount from their trading.
All other things can be learned, a newbie can learn how to trade in the futures market if they give it time, someone can learn to do technical and fundamental analysis, and one might even learn to stay patient at certain times, but when it comes to capital, one will need to first accumulate money to get that ready and then get into trading.
This is only suitable when applied to Bitcoin, because when you apply it to altcoins or tokens you will never know what the fate of the project will be in the long term, even though they are still available on CEX or DEX but they can turn in just one night into a scam project so even if collect it at a cheap price, it may still have no value when the project turn into scams.
Beginner traders would be better trading in Bitcoin compared to altcoins because if there is a decline they can change to hold it and wait for the price to recover and go higher, whereas altcoins will very likely never recover, we can see on CMC and only altcoins that are stable and listed on major exchanges with high trading volume that has a chance to recover or even reach the latest ATH the rest is just rubbish.
It is not necessary for a beginner to start only with Bitcoin, if we are talking about trading, then it can also be other coins, and to avoid such a case as you described, you do not need to invest your entire trading deposit in one coin, then you will not receive such significant damage if this happens to only one altcoin. Beginners often choose altcoins because they are more volatile and this gives them the opportunity to grow their funds faster, or they just think so.Beginner traders would be better trading in Bitcoin compared to altcoins because if there is a decline they can change to hold it and wait for the price to recover and go higher, whereas altcoins will very likely never recover, we can see on CMC and only altcoins that are stable and listed on major exchanges with high trading volume that has a chance to recover or even reach the latest ATH the rest is just rubbish.
This is only suitable when applied to Bitcoin, because when you apply it to altcoins or tokens you will never know what the fate of the project will be in the long term, even though they are still available on CEX or DEX but they can turn in just one night into a scam project so even if collect it at a cheap price, it may still have no value when the project turn into scams.
Beginner traders would be better trading in Bitcoin compared to altcoins because if there is a decline they can change to hold it and wait for the price to recover and go higher, whereas altcoins will very likely never recover, we can see on CMC and only altcoins that are stable and listed on major exchanges with high trading volume that has a chance to recover or even reach the latest ATH the rest is just rubbish.
It is not necessary for a beginner to start only with Bitcoin, if we are talking about trading, then it can also be other coins, and to avoid such a case as you described, you do not need to invest your entire trading deposit in one coin, then you will not receive such significant damage if this happens to only one altcoin. Beginners often choose altcoins because they are more volatile and this gives them the opportunity to grow their funds faster, or they just think so. Beginner traders would be better trading in Bitcoin compared to altcoins because if there is a decline they can change to hold it and wait for the price to recover and go higher, whereas altcoins will very likely never recover, we can see on CMC and only altcoins that are stable and listed on major exchanges with high trading volume that has a chance to recover or even reach the latest ATH the rest is just rubbish.
Just another piece of advise to newbies that just starting their journey with cryptocurrency, crypto trading is not for everyone. If you are unsure of your capabilities to trade it will be beneficial to you to just buy and hold, and be taking each opportunity of every dip on the market to Dollar -Cost-Average.
This is only suitable when applied to Bitcoin, because when you apply it to altcoins or tokens you will never know what the fate of the project will be in the long term, even though they are still available on CEX or DEX but they can turn in just one night into a scam project so even if collect it at a cheap price, it may still have no value when the project turn into scams.Beginner traders would be better trading in Bitcoin compared to altcoins because if there is a decline they can change to hold it and wait for the price to recover and go higher, whereas altcoins will very likely never recover, we can see on CMC and only altcoins that are stable and listed on major exchanges with high trading volume that has a chance to recover or even reach the latest ATH the rest is just rubbish.
I also think trading is not for everyone. Training is not too easy matter. For proper trading, need proper knowledge about crypto market and trading rules. Without proper knowledge trading will be very risky. So everyone can gather knowledge about trading. Even some traders trade in critical situation which is very harmful for trading. For good trading mental refreshment is very essential. Even another important things avoid greediness. If anyone unable to avoid greediness he will be losser in trading.
We have to control our greed while trading. If we can't control our greed, it will be difficult for us to make a profit while trading. I don't want to take the risk of trading at the wrong time. All these times we will refrain from trading. Just for those who understand trading and have good ideas. I would say yes in so many cases, yes trading of futures is not for newbies, yes trading is not for for someone that have no knowledge of the craft, yes trading is not for an impatience person, yes trading is not for someone that have no knowledge of technical analysis, yes trading is not for those that think it's a get rich quick scheme, yes it not for everyone because their are some people that even though they are being taught trading since from childhood, they wouldn't still know anything about it, but just know that in trading, their are people that are born for it, they knows the craft like ABC, even though they get some losses at some point, they will still be profitable, because they know how to manage their risk, so you are right, trading is not for everyone.
perhaps not for everyone who can benefit. but everyone can learn to trade. There is no prohibition against anyone trying to learn to trade. the issue of success and success or failure all depends on the trader's abilities.
Trading techniques weren't something ordinary people couldn't learn. As long as they are willing to try and have interest, they can do it. the problem of how quickly they understand comes back to each person's level of understanding.
I would say yes in so many cases, yes trading of futures is not for newbies, yes trading is not for for someone that have no knowledge of the craft, yes trading is not for an impatience person, yes trading is not for someone that have no knowledge of technical analysis, yes trading is not for those that think it's a get rich quick scheme, yes it not for everyone because their are some people that even though they are being taught trading since from childhood, they wouldn't still know anything about it, but just know that in trading, their are people that are born for it, they knows the craft like ABC, even though they get some losses at some point, they will still be profitable, because they know how to manage their risk, so you are right, trading is not for everyone.
but still, more beginners are interested in trading rather than holding their assets for a long time. perhaps that can be done while they learn trading techniques. because trading cannot be learned, those who are now professional traders were also initially beginners in trading. they learn techniques and also gather experience in trading. especially those who are experienced and know what is a good situation to trade or should wait for a better market.
I think the beginners will be interested in both trading and investing. If some beginners prefer to learn trading, it is no problem because they may have a better understanding in trading. I'm sure wise beginners must be aware that they need to focus on learning first if they really want to be good traders. Beginners can learn trading, why you said it can't be learned? Both trading and investing can be learned by everyone, there is some basic knowledge to learn first before starting them. You must know that there are varied sources to learn trading or investing nowadays. Just google and we will find our many articles or videos to explain it!Maybe in the old era, people said experience can't be learned. But now, we can learn it from the experience of other people. Moreover when we talk about skills or techniques, all of them are something very common to learn. So, as long as we have an intention to learn, many things can be learned because we have many sources now.
Just another piece of advise to newbies that just starting their journey with cryptocurrency, crypto trading is not for everyone. If you are unsure of your capabilities to trade it will be beneficial to you to just buy and hold, and be taking each opportunity of every dip on the market to Dollar -Cost-Average.
You're peacefully on track, and not losing out on anything. Trading has sent a bunch of persons back to their past.
There is a time for everything, and the bull market is usually the time for holders. I am sure when the bull market returns as we're expecting, if you hold good project's you will make a good profit.
Don't follow the crowd, follow what has profitably proven to work for you. In cryptocurrency market it is time that makes the difference in our profit-making.
It is true that trading is not for everyone, on the other hand trading is good for those who understand trading well and follow trading strategies. If a trader can trade by following the trading strategy then he can get success from the trading platform whereas if a new trader is not experienced about the trading strategy then he will not get success from the trading platform. So it must be suitable for him to hold long without trading. If such a new trader can go long without trading then he will definitely have more success when the market starts a bull run. So those who have trading experience can trade and those who have no trading experience can hold long period instead of trading.You're peacefully on track, and not losing out on anything. Trading has sent a bunch of persons back to their past.
There is a time for everything, and the bull market is usually the time for holders. I am sure when the bull market returns as we're expecting, if you hold good project's you will make a good profit.
Don't follow the crowd, follow what has profitably proven to work for you. In cryptocurrency market it is time that makes the difference in our profit-making.
but still, more beginners are interested in trading rather than holding their assets for a long time. perhaps that can be done while they learn trading techniques. because trading cannot be learned, those who are now professional traders were also initially beginners in trading. they learn techniques and also gather experience in trading. especially those who are experienced and know what is a good situation to trade or should wait for a better market.
but well, everything would really be realized along the way on the time that you would be able to learn up that trading isnt something simple that you could be able to obtain such skill.
It would really be taking up a long time and wouldreally be engaging into tons of various situations or conditions.
This is why when you do tend on hovering something over then you should really be making out such research so that you wont really be ending up on messing around.
Mistakes and errors are normal but on the time that you are really that making yourself being that adaptive then it wouldnt really be that much of a problem.
I also think trading is not for everyone. Training is not too easy matter. For proper trading, need proper knowledge about crypto market and trading rules. Without proper knowledge trading will be very risky. So everyone can gather knowledge about trading. Even some traders trade in critical situation which is very harmful for trading. For good trading mental refreshment is very essential. Even another important things avoid greediness. If anyone unable to avoid greediness he will be losser in trading.
Therefore, it is important for someone to be able to search first whether trading or investment is more suitable for them. Because if they force themselves to trade, even though they are lazy enough to analyze the market and read the news, then trading is not suitable for them. It is better for them to be able to invest because all they need to do is invest their money, whether with the DCA or lump sump method. They don't need to analyze the market or bother learning trading techniques, because all they need to do is hold for the long term until they reach the goals they have set.
Yes, you are right, everyone who wants to benefit from the two things you mentioned must of course first examine carefully what they like and don't let them regret it when they do one of these two things, therefore not everyone can when they don't often see coins that have the potential to trade, it would be better not to trade, because those who are experienced still make mistakes if they don't follow market developments and if we choose to invest, we also have to look at coins that can actually earn money. the benefits of the investment we make and if we choose to use the DCA method we must be able to do it consistently until the profit target we have set. 
but still, more beginners are interested in trading rather than holding their assets for a long time. perhaps that can be done while they learn trading techniques. because trading cannot be learned, those who are now professional traders were also initially beginners in trading. they learn techniques and also gather experience in trading. especially those who are experienced and know what is a good situation to trade or should wait for a better market.
Most of the people who are attracted to trading in a new way jump into trading after seeing the success of others and are not well aware of the pros and cons of trading. Due to this they fail in trading. Trading is a very difficult thing. And those who don't want to accept it and consider trading as an easy way of income. So many big losses are made by wrong investment. The reason is that the price of each coin is constantly going up and down so no one can tell when the price of a coin will go down. So if one makes wrong investments here it will take a long time to recover themTrading can make your finances good and can also make your finances bankrupt. So it's true that not just anyone can enter the world of trading, especially as we all understand that trading is a complicated thing, learning to trade has no limits, every trade is learning from mistakes.
Therefore, it is important for someone to be able to search first whether trading or investment is more suitable for them. Because if they force themselves to trade, even though they are lazy enough to analyze the market and read the news, then trading is not suitable for them. It is better for them to be able to invest because all they need to do is invest their money, whether with the DCA or lump sump method. They don't need to analyze the market or bother learning trading techniques, because all they need to do is hold for the long term until they reach the goals they have set.
There is a difference when to start buying, so to become a successful investor, you still have to be a good analyst and be able to determine what the market is now and where it is going.If the market is bearish and is in an active downtrend, then it may be worth waiting for the accumulation phase to begin and only then start buying. The extent to which an investor is able to analyze the market will determine how much profit he can make. You can start buying too early and this will ultimately lead to lost profits. If it were so easy, then everyone could use DCA and become rich, but for some reason this does not happen.
Trading is for everyone if you know how to do that. To generate income from trading you don't need to actively participate in the market. There are many more convenient option available that you can use to generate money from trading where some basic understanding of market is enough. Copy trading, Trading bot, AI trading is getting more popular these days because of their positive outcome observed by many new traders. They saw this as an opportunity to make money for all the parties.
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