Topic: What motivates you as a trader? - page 4. (Read 1615 times)

If we talk about initial motivation then my answer is that because of the force of the situation and conditions I was only able to take this path. But the impetus for all of this begins with a need that must be met. Meanwhile, we don't have enough capital to do business in the real world. So at that time I preferred to start with high-risk trading such as crypto. I initially had difficulty but continued to study carefully. I started to get quite a lot of results. And made me decide to become a trader to this day. And the current motivation may be because it feels quite easy to make money through trading. Although the risk of losing is also quite easy. But as long as we have good risk management, we can avoid big losses. And in the end my biggest motivation is family. I have always been with my family every day so I am not used to being away from my family. So I am always looking for work that I can do while still being with my family and becoming a crypto trader is one of the choices I make. Even though I actually also have a business and other work online which of course I still work from home.

Most of the time, greed really push you to change the direction of your plans, there are position which you already reached your target but instead of stopping you choose to keep trying to earn more, and in time that the direction of the market turns against you, that's the time that you really regret why you choose to stay instead of quitting and withdraw the money that you supposed to earn.

You are right mate, I believe the reason why some people prefer copy trading or bot predictions is because they can not make good trading decision without being caught up by their own emotions which can lure them into making a wrong decision that can  cause losses. While trading, some trader might have obtained a good amount of profit but because of greed, they would decide to stay longer on the trade and while doing so, they can experience a huge lose. Such lose is cause by greed.

Learn to control greed so that involvement in trading can be more responsible and most importantly trading is done using the right knowledge.
When involved in trading, one must understand very well that trading will not provide consistent profits because there are times when we will experience losses.
But what needs to be considered is how when we experience losses we can return profits in the next trade and so trading is run by experienced people.

Greed will always produce bad values because sometimes people have difficulty getting out of trading even though they have made a profit.
Greed will only accelerate someone getting a loss wherever and without exception when someone is involved in trading.

We need not to lie if the real motivation is about making profits. But before getting there, too much exposure of losses is about to be experienced by most of us. And that kind of motivation to face those challenges is there. You don't have to give up if you think that you have the potential to become a good trader because if not, you should transition into a holder and there's nothing wrong about that. It's way easier and the motivation has been the same, all you have to do is to buy more and that's the same as trading but you're more relaxed in doing it.

Being greedy is the biggest enemy when trading. You lost your focus and you end up making impulsive decisions that will certainly lead to losses in trading. And because of greed, it will ruin your target goal in trading, that's why as much as possible, avoid being greedy at all cost. Although there's always greed deep within, but at least learn to control or lessen it. That way, our motivation to make potential profits with trading will certainly be reachable for us.

If you are ready to take risks, the trading will work for you and you will be ahead of the curve. At the same time systematic corrections. Focus primarily on modest portfolios or holdings that are built up through regular buy. Trading skills should be developed mainly from the holding stage as holding is important to ensure the correctness and fairness of your capital. The alternative to holding is simply HOLD to monitor market movements and prepare yourself accordingly as an experienced trader.

It is undeniable that that is indeed our goal, which is to get some money from what we do. I don't think we should be hypocritical by saying no, because there is no other reasonable reason other than that. Everyone is competing and trying hard to find money, and when they see something that has the potential to bring it, then we will do it.
I agree with Op that basically we are greedy people, but what makes the difference is how we control that greed. People's abilities vary in controlling it, some can completely, some only half and even some people can't, it all comes back to each of us. However, we need to remember that greed will bring us into a bad situation or can even bring us to a slump.

Yup, I see your point whatever the venue was most people who take the risk are all after the potential amount that they'll be able to gain, most of those traders find different ways and plans different strategies to earn money from this investment, it motivates traders and investors to learn more as they know that with proper understanding and a good knowledge and skills may provide decent amount of benefits, more on that money involves that potentially be taken if you manage to learn the principle and the factors that affects market movements.

Basing up on the link given then it do really shows up that it do really pertains about Futures trading on which this is something which isnt really that recommended specially for noob. This is why its not really that recommended that you would really be that directly be touching up this space on which we know that when it comes to this aspect then its not something that all traders will really be able to get a hold of.
Of course you would really be needing up to start up first with spot trade and make yourself sustainable before you would be considering on making up such step on going with futures.
We are all here on dealing up with this volatile market is just because of the profit that we could possibly be able to generate and this is something on which you would really be targeting into.


It would really be a total lie that you would be saying that you arent that interested on making profits or the main reason on why you do trade. Making money is our main
priority and this is the main reason on why we are here and taking up such risks even on how volatile and unpredictable it would be. Its hard but its not something that impossible
for someone to be able to handle it out but of course it will really be that all depending on how well you do make those move and decisions as a trader on which we know that there would really be tons of factors
or things that could affect out our decisions. This is why its really that important that you are really sensible on the actions that you are taking because outcomes and results
will really be determining on how good you are on handling yourself towards this market and of course with a little bit mix of luck.

All of those that you've mentioned are what we're having. The flexibility of earning through trading, the success that we're getting for every winning trades that we have. But even it sounds too easy and that's the reason why many newbies are getting hooked with trading and that's because they think it's easy but it is not.

I think that all of us are motivated with money, none other than that. We can tell that indirectly and tell other reasons like it's challenging, it's making you feel happy when you win those trades but it all resorts to earning money. But I don't trade daily anymore, I only trade when I think that I'm having a good entry and selling positions and that's most likely happening just like today when the market is down and for sure the next days, it will be better, better in profit taking. 

I know a couple of people who pick interest in this event once they hear about it. It's normal we all love to make profit. Here's the link
https://www.bitget.site/support/articles/4407839277593-Bitget-Futures:-Futures-Trading-Bonus
Do further research to asserten that it meets what you're looking for.

You've spoken well. I've also gone through these comments here and all I can say is majority of forum members here loves profits ahaha. Not the thrill of the setups it's purely profits..I guess they'll love this opportunity you just shared. Pls send the link to this. I hold BWB/BGB myself and this can be an opportunity to double up my pf with it..

A newbie can't depend on trading as their only source of income from the beginning, they can do that later but still not an advice that we should follow because trading isn't a stable income. Having a reliable incomes makes it easier to adopt to trading until you can be getting something from it. When you start, you won't make any profits and if you do, don't think that you're now good at trading because you're getting beginners luck that doesn't stay for long.

Money is a good motivating factor but it shouldn't be the only reason why you're trading. You should have other reasons so it can help you when you're feeling like giving up because you're not making money yet from trading.

My motivation is always talking about being a professional trader so that i could be able to sustain my needs or simply having that financial freedom, not on the sense that you could have that tons of money but
rather having that condition or situation that i could quit up my 8-5 job on which on the moment that i could really be able to make out some profits even though not all the time but still it is really ending up profitable.
I do really like to quit up my dayjob and would really be loving on doing all time trading here in my own house on which i would really be that much preferring on having this kind of life and this is why im really that pursuing
that i could be able to hit up this kind of condition on which we know that it wont really be simple but somehow its not really that impossible. It would really be just that taking up a lot of time and effort
before you could be able to hit up this kind of condition. Just make it sure that you will really be trying out to sustain all the possible situations or conditions that you do might be able to face on. We do know that
when it comes into this aspect not all people would really be that having that kind of self control and dedication on pursuing out their goals just because they had experienced out those certain conditions specially
losing which would weaken up their perseverance on continuing. It would really be just that depending on a certain individual on this case yet not all would really be having this kind of approach on things.

Money is actually a motivation and we know that it will be difficult when you start and you are not getting anything in return it is usually like that, and that is the period when you will be able to actually know the kind if you are interested or not because the moment you start you wont make any money and even if you make it wont be that much since you are just starting and am sure your coach is going to put you under control you that when you are leveraging you know the kind of percentage you are using, and with your consistency will determine the kind of profit you will make continuously. when i started learning trading at some point I wanted to give but if I look at the people that are putting me through and their story I just feel more encouraged to want to do more, it is just as if their story is my motivation, what if you don't make money from the trading instantly are you telling me that you are going to give up, no if you really want to go far then you will have to just motivate your self with something before you start making money.

Because of the money of course, traders would like to risk their money to gain more money with their skills and knowledge, you are not doing trading as fun, but of course, take it seriously because you are risking your money to have more in trading and no one would like to lose their money in an instant because of their mistake. People recently taking serious being traders some of them use this to become their full-time work, others just getting with the ride of the market volatility, and others just want a small extra income using spot trading. Just additional is the motivation to survive with your daily needs but of course it requires money all the time.

Everyone who trades does so for profit because you cannot simply engage in something that will not benefit you. my friend that i know have enough knowledge about trading and he get huge profit on trading and that make me motivated to try and join him to start trading with him but still have not get something huge on it just learning about it still because since my friend cashout have not seen him get another one again and i thought is just a luck and probably think he will be a gambling too, because many people are saying trading is gambling but i did't beleave, because since my guy made money from trading, he doesn't want to change the strategy; if this one didn't work, you need to change and see if another will. I'm really happy on this forum because I've learnt a lot about trading. I'm sure if my friend is on this forum, he should have learnt something that will help him improve his skills and make more money, and if he didn't, I would have joined him after losing a lot of money. is good to have information before joining someone to do business or trade because if you don't gain tiny experience, he spies on you since you don't have any idea, so even someone gets money to do something and you are interested to join you should tell him should guide you trough how he works before started putting money on it. trade is good if you get enough skills on it.

Every trader certainly expects profit from every trade that is made and to be able to achieve profit in the trades that we do, of course we must be able to have good skills in trading because no matter how much motivation we get without knowledge and skills, it is very unlikely that we will be able to get profit from the trade, so anyone who wants to get profit from every trade must be able to master knowledge and skills so that they can trade and get good results.

The failure experienced by every trader is of course due to their mistakes and it is very unlikely that they can introduce trading to other people and if they continue to introduce it to other people of course people will never believe them because they have not seen good results from the trading they do and if they want to introduce trading to other people of course they must first be successful in trading before they can introduce trading to other people.

Whether it's trading, investing or gambling, there's only one certain goal that motivates us, that is to make us profitable in the long run. That's the exact reality. People become more eager to trade or invest when they experienced their first profits. That proves that money is the best motivation in trading, others may only be indenial of that because they don't want to be called greedy when we all know we are all greedy by nature.