Topic: What motivates you as a trader? (Read 1298 times)

Do you really feel free? When I was a freelance white hat hacker, I hated it because I couldn't make it a source of stable income and the stress I experienced from the process eventually made me quit. Maybe if you love it then you feel truly free, but apparently it was not my case.

As beginners who chase profits, it is very unlikely that they will succeed in their trading and this also applies to those who have known trading for a long time, because of course this is done only based on their desires not based on the knowledge they have and we think it will not be possible for beginners who are just starting to trade will easily make a profit from it of course they must first understand trading well to be able to make a profit from trading.

Trading in a hurry will certainly make anyone skip some things that must be done before entering the market and of course this will not give the right decision on the trades we make, so for anyone who decides to trade it would be better for them to do it carefully and correctly as you said as a beginner it would be better to choose a large coin but they have to try with a little capital first so that they can still bounce back when they fail.

There is risk in all things you do, including trading, traders of all kinds have been trying to find the formula that will allow them to do just that and many people have failed, so it is important to remember that even if a person trades solid assets, they can still lose money, since the markets can move on unpredictable ways that you may not expect, and cause you to endure losses so great that they may be enough to cause you to give up trading for good.

Newbies chasing profits somehow because they want to rich at overnight even when they trying to trade against in market trend, newly meme coins sometimes increase highest as per as wif,shiba inu, pepe coins, so they are rush to invest in meme coins to increase their money 5x to 10x, but end of the day their mission will fail. Newbies should trade with big coins which will be safe always.

Right, and I think knowing and understanding what activities we are facing indirectly can be a solution to avoid various actions that should not be done, and also in terms of feelings I think it is unlikely for you to feel too optimistic when you know how far your abilities are and indirectly this understanding will also be able to prevent us from excessive behavior or mistakes that accumulate.

Basically in trading it is clear that money or profit is the biggest motivation or reason why we are involved in this activity, but of course it does not mean that trading is much easier than other activities, everything that has the potential to produce sweet results will always start with a bitter process, many people have succeeded in achieving financial freedom in trading or investment but not infrequently also end in failure, and if we see some people who fail then that means success in trading is not as easy as you imagine, the process of difficulty is not much different from starting a regular business but maybe the difference is that trading is moving in the internet sector, I think this is nothing more than a choice, be rational and realistic, and when you feel that you are not able to go through it all, then avoid that choice.

The biggest motivation is that they want to gain profit by staying still, I mean they will prioritize thinking performance rather than working physically. Also usually when they get profit, the profit can exceed the salary in a month of working physically, but it is still comparable to the risk. Beginners usually have wilder thoughts, they will think that trading is something easy, so they are very enthusiastic about trading. When they experience a loss, they will realize that what they have been doing all this time is something wrong and even some of them end up saying something negative about trading. This is something I have seen myself, where beginners say trading is a scam. This is funny to me, because they say something they don't understand.

Most of the time that's the main factor that leads traders to lose their investment instead of learning how to execute risk management, they mostly focu with how they can convert profits in each trades that they enter, most of the time with the volatile market like crypto it's tough to control your emotion, always best to make sure that you plan ahead of time and you keep your risk management to control both your finances and your emotion.

It's save a lot as you can rest for a while while re-analyzing the situation to make sure that you are still align with your set plans.

Each trader has different motivations for making bigger profits than others. A big motivation generally occurs in satisfying income every time someone saves a lot of altcoins in a portfolio at the right time, many things have become my motivation in crypto trading where I can analyze, get big profits and control emotions in trading where the main goal is money which becomes traders' profits and enthusiasm.

This is also a motivation for beginners not to always think that trading is not profitable but rather that they have to go through several risks in carrying out trading.

Obviously money is the number one thing that motivates all of us, there is no doubt about that part for sure. I think it's clear that we are going to face with traders who also enjoy doing it as well. Money however, is not easy to make in trading, you have to become a good trader to make that money and unless you are careful then you could even lose money while trading as well.

This isn't like a job, it is not like you work hard and make money for sure, you are not going to get paid salary based on how many hours you trader, it is a risk that you are taking and after a month of working hard you could end up in a loss. That risk is very important because if you are not careful then you could lose all that you have and that's a bit bad for you.

Many people think that trading is something you can make money from and only focus on that part, of course it is something you can make money from there is no denying that, but at the same time it is something that will not be easy to deal with neither if you lose money instead. This is why we should be careful with it and not really get too much ahead of ourselves, if we do that then we are going to face something that is getting very hard for us.

is it really because of peace when trading ultimately requires someone to keep watching the market for potential sideways .
I could never find my peace in trading when I did it back then, good thing I already backed out and instead switched over to just investment.

but I can see majority of people are motivated to turn their small capital into big capital with trading in short time so that they can get foundation to build up portfolio in investment and I see that as a logical choice.
because investing with small capital is essentially just wasting time, can't afford waiting entire year to get 10% APY where our investment is just $100 that means $10 yearly definitely does not make sense .
so for some people trading is the way.

My best motivation is the freedom trading offers from the regular 9-10 hours jobs . The money, the time and most especially my inner satisfaction and peace as I passionately love trading. Trading  have help to build my patience level and tolerance.

When I was in school, I was looking for different ways in which I can be earning. I tried different online jobs, but most of them didn’t just end well for me. I didn’t give up. When I was doing more research, I came across a video that was teaching people how to trade. I decided to consult some people close to me, and they told me money can be made from it, but it’s risky, and I can’t start trading, and I will expect money instantly. I was told I will have to learn first, and trading is a gradual process. Seriously, I developed an interest in trading then, and I started growing myself, when I started trading, I lost everything which I was trading with, I had to struggle to get another money and I deposited it just to keep on learning, which I lost everything also, with time things we’re getting better, and my loss was reducing.

Profitability will really be that depending or basing up on how well you do make up trades on which this one would really be that a normal approach. The real thing on here is about on how you do able to make  yourself sustain because on the moment that you would become that too optimistic that you could do it easily then you would really be that become confident on which its not really bad but on the moment that it had become that over then this is where mistakes will really be starting to pile up. People would really be that getting interested with dealing up with trading just because they've seen that it could potentially make you profits which is way more than on what you do earn from your day job. Somehow, it wont really be coming easy and this is why tons of traders are still on the verge on trying out to have a successful trading career
because its never been that simple in the first place on which you would really be needing up that good analysis and experience or skills so that you could be able to sustain yourself towards it.

My motivation that i do have on why i do chose myself as a trader is that everyone will surely be thinking about financial freedom. Yes, it could be possible with trading but its not something easy that could be acquired. It will really be that totally basing up on how you would be gonna handling yourself towards this one. It will really be better that you should be focusing on achieving your goals if you would
really be liking to have a successful life. As we do all know that we cant be able to achieve things easily and you would really be needing to work your ass off hard before acquiring such things.
This is why its really that important that you should really be sensible on the actions and decisions you are making. Be realistic and set out goals on which you do seem that you could really be able to
achieve or something that you could reach on.

Well that's it, a good point with what you conveyed and as you have conveyed that making a profit in trading is not as easy as turning the palm of your hand, and we can see where the evidence is that it is not uncommon for us to see traders who ultimately fail and lose a lot of money and time, but I will also say that the same thing should not happen to you if from the beginning you know and understand what you are actually facing, because usually you will be able to measure your abilities if you have seen an activity that you want to do from various sides and not just in terms of its benefits.

I see that in most cases traders who fail are those who from the beginning are too focused on profit opportunities but do not think about and consider other unwanted possibilities that of course can befall them at any time such as losses, so the point is there is nothing instant, making a profit in trading is not as easy as we see, profit opportunities always depend on how smart and how much knowledge you have, meaning of course it does require a learning process first.

Yeah, it takes time and better understanding regarding to the type of business or invesmtent that you are into, trading can be profitable but like what you said, it's not or better to say that it's never easy as how some newcomers think of it, you need not just to invest your money but you also need to invest your patience and time, there are many factors that you needed to consider, things that may affects the potential outcome of the market, all of those information are needed to be obtain in order to have  a much higher chance of success.

Money money money is what makes me happy at trading. My initial thought of joining trading was to make money, so I don’t see any other thing that will make me happy asides the money I’m making at trading in the market. Some may say if their set up goes well as analysed several times, it gives them joy that they’ll be profitable but my joy at trading is making that bucks of money. Even if you analyse as much as you want, if you’re not placing those trades and making the money, you’ve not done anything and will not be happy in the end.


The same thing that nothing good comes that easy is the case of trading. Even though the money is what makes everyone happy, you must have that knowledge in order to be profitable. You can’t just be guessing the market and playing trades and hope that you’ll make it at trading. It doesn’t work that way and for those that follow this pattern, they’ve lost a lot and will continue losing until they gain this knowledge.

He chooses the wrong option. Even though we can say that trading is profitable, this never meant we could make it too easily and fast. If he has a financial problem, I doubt he can manage it. Indeed, pressure is a big factor that may affect his decision-making, and I'm afraid of a total loss of his money. As an experienced trader, it was not just the money we needed (enough capital) but also focus and time. 

Well, a person can do impossible things if we really want something to achieve. Anyone can be a good trader, but as I can say, trading is not an easy job to think that money can be obtained easily. We could just hope that he will be successful in his plan. 

The basic motivator is profits, and I believe it's common for every trader. I can't think of any other thing that can motivate a trader to continue trading. I don't think someone will keep trading if they are constantly losing money because that will demotivate them if you can see something isn't working out for you and you are losing value instead of gaining anything, you will feel you shouldn't keep doing it because there is no point.

When a trader gets their first profit from trading, they feel extremely happy, and those initial profits boost their confidence and motivate them to work harder on their trading activities, they start learning more to improve their knowledge and understanding so that they can continue getting profits.

So undoubtedly, profits are the primary motivation for a trader to continue trading and working hard on their trading.

The motivation is of course to gain profit and want to achieve financial freedom in old age. Because with Trading or investment we can achieve all that by setting certain goals that we want to achieve within a certain period of time.

The sensation of trading is certainly also a factor because with trading or investment we can control our emotions, we must also control our minds and never give up. Just like in a fight or war, we must accept defeat calmly and continue to fight. The sensation we get from trading is learning to never give up, never feel comfortable and we must have self-confidence.

Definitely, all of those, the feeling of success and good trades and accuracy of each trade that we make, that's what the majority of us are motivated for.

I am seeing a lot but those that are real successful won't put themselves into any public appearance or even on social media. Many of these traders were successful people because of trading and their lives were changed. It's just sad that the others have gone south and they have other motivation for doing it, it's still related to trading but guess what, they've became trading gurus overnight and won't trade anymore because enrolment classes fee are the ones that became their bread and butter.