Topic: What motivates you as a trader? - page 5. (Read 1344 times)
I simply want some financial freedom thats my sole reason of been a trader.
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So profits are the main motivator in this case, in my opinion.
This might be true if you see trading as a form of income. So profits are the main motivator in this case, in my opinion.
In fact, the vast majority of all traders out there (and of course us, too) lose money while trading, at least in the long term. Even professional traders like Tone Vays or Brian Beamish (The Rational Investor) fail in almost 50% of their trades, but they manage land 1-2% more successful than failed trades ... those are the trades where they make money.
So the majority of us should see trading as it is ... something that makes (a lot of) fun but costs you money ... like playing in the casino for example.
But I agree that most of the traders are motivated just because of profit or earning from trading.
Remember that in trading not all the time you need to have a profit, sometimes you need to lose and learn from those mistakes.
IMO, it seems like this.
We know what's the reason behind why we're in trading (because of profit), whatever it is, don't expect too much that it has a high return.
It makes sense, seeking profit is the reason or motivation for a trader to spend a lot of time learning related things so they can achieve what they want. If we look at it broadly, it is not only the mind that is at stake but also the physical and mental health in trading is at stake for traders in running and studying the market situation, this is the same as other jobs where seeking profit is the main goal, I think there is no difference in that for all traders because it is impossible for us to do something if not to seek profit.
Everyone would really say that they are for profit since trading is one of the best option where they can earn money from crypto. Also I believe those big gains what they see from other successful trader motivate a lot of people to perform more better. From here we will undergo to a lot of mental challenges since we need to research each possible movements and that's actually not fun phase since we really need to pay attention on what we are doing to make a successful trades. I rarely see a person saying that they are not up for profit since trading is not a game and provably they might just get disappointed if they think there are other things more greater to achieve rather than to get profit from their trades.
And another thing that can also make a trader give up is when they do not have a strong mentality and psychology, I feel that when I was still in the world of trading, I felt a lot of pressure which was usually caused by ourselves who did not have a strong mentality and psychology when facing a loss situation. So don't be too excessive in imagining profits like those achieved by traders who are now successful, because the process is not as easy as you imagine, there is no pleasure but more pressure especially when you are still a beginner.
All traders have just one thing that motivates them to continue to trade with happy mind. That is making profit from trading. I have been a trader for over four years now and I know that is the truth. If traders are losing, they are not happy with the situation. But if they are making money, they are happy with the situation. But it has a problem which is more encouragement to trade which can also still have bad effect on the trader's health. So it is good to trade wisely and have time for yourself and health.
I do agree that there's no other motivation than purely profits at all. If there's no profits in return, all these traders will definitely won't risk so much in trading even compromising their time and body health just to secure impressive profits in the end. Without profits, we won't see traders staying traders for the longest time.Everyone would really say that they are for profit since trading is one of the best option where they can earn money from crypto. Also I believe those big gains what they see from other successful trader motivate a lot of people to perform more better. From here we will undergo to a lot of mental challenges since we need to research each possible movements and that's actually not fun phase since we really need to pay attention on what we are doing to make a successful trades. I rarely see a person saying that they are not up for profit since trading is not a game and provably they might just get disappointed if they think there are other things more greater to achieve rather than to get profit from their trades.
Hey mates, happy weekend! I think we should have a discussion about what motivates traders.
Is it the thrill of seeing your setup come to fruition, the money and flexibility that successful trades offer, or perhaps the partnerships and extra rewarding events that successful traders get to participate in?
What's your motivation?
Obviously, different people have different trading goals and motivation for engaging trading especially Crypto trading. One Key thing is making profit. That's a common reason why anyone goes into trading. And good enough many trading platforms offer incentives to attract users and traders. Take Bitget for instance they recently announced opportunity for traders to win - SOL, BGB, BWB, DOGS etc. in their daily trade and win event. Binance employs a similar approach and other trading sites. There's a lot I learn when it has to do with trading. How to manage my emotions is one recurring lesson.
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What's your motivation?
My motivation to trade is money and nothing else, but I do not let this enter into my head to avoid making me misbehave.What's your motivation?
Fine, the goal is to make money but the expertise must be topnotch as well, or else, the goal will never be realised. It took me more than a decade of struggling in trading before I became a better trader and I am using this medium to advise new traders and the struggling ones to continue training and have a neutral mind about it. It is the money we are all aiming at but the adequate experience matters.
We should have a foolproof trading system and plan, and that system must entail the needed money and risk management that will keep our trading account protected. The psychology of trading equally goes a long way, our emotions must be put in check and we should never aim too big or want our goals realised too quickly to avoid it backfiring on our heads.
Different traders will have what makes them happy and motivates them differently.
All traders have just one thing that motivates them to continue to trade with happy mind. That is making profit from trading. I have been a trader for over four years now and I know that is the truth. If traders are losing, they are not happy with the situation. But if they are making money, they are happy with the situation. But it has a problem which is more encouragement to trade which can also still have bad effect on the trader's health. So it is good to trade wisely and have time for yourself and health.
I think we should have a discussion about what motivates traders.
I don't think so. It may be a secret one. 
Everyone may have their own motivation, but the common thing should be about money.
What's your motivation?
Money. I don't see any other things that should be the main motivation.I'm so sure that each person who decides to be a trader, it is because of money purpose. Even becomes a trader isn't the main profession, the motivation should get an additional income (money). However, being a trader is a part of supporting crypto industry. Perhaps another motivation would be to show everyone that being a crypto trader is something profitable and fun. So, there will be more people interested in joining crypto.
[...]
So profits are the main motivator in this case, in my opinion.
This might be true if you see trading as a form of income. So profits are the main motivator in this case, in my opinion.
In fact, the vast majority of all traders out there (and of course us, too) lose money while trading, at least in the long term. Even professional traders like Tone Vays or Brian Beamish (The Rational Investor) fail in almost 50% of their trades, but they manage land 1-2% more successful than failed trades ... those are the trades where they make money.
So the majority of us should see trading as it is ... something that makes (a lot of) fun but costs you money ... like playing in the casino for example.
Hey mates, happy weekend! I think we should have a discussion about what motivates traders.
Is it the thrill of seeing your setup come to fruition, the money and flexibility that successful trades offer, or perhaps the partnerships and extra rewarding events that successful traders get to participate in?
What's your motivation?
All traders have just one thing that motivates them to continue to trade with happy mind. That is making profit from trading. I have been a trader for over four years now and I know that is the truth. If traders are losing, they are not happy with the situation. But if they are making money, they are happy with the situation. But it has a problem which is more encouragement to trade which can also still have bad effect on the trader's health. So it is good to trade wisely and have time for yourself and health.
I can't help but agree with you on that. Most of the things human beings do are those that benefit them directly or indirectly, and when it comes to finances, you should know that when you are spending money on something, there is only one thing that can encourage you to work harder on it and that is the returns you are getting from it. If you are spending both money and time and getting nothing in return, that will be a cause of discouragement for you and you will soon stop doing that thing.
So in trading, what motivates traders to work harder and try to improve everything again and again is the fact that they are getting returns from it, or they can see potential in it. They know that if they work hard on this thing, it is going to change something for them in the future if it's not doing it right now.
So profits are the main motivator in this case, in my opinion.
Different traders will have what makes them happy and motivates them differently.
All traders have just one thing that motivates them to continue to trade with happy mind. That is making profit from trading. I have been a trader for over four years now and I know that is the truth. If traders are losing, they are not happy with the situation. But if they are making money, they are happy with the situation. But it has a problem which is more encouragement to trade which can also still have bad effect on the trader's health. So it is good to trade wisely and have time for yourself and health.Different traders will have what makes them happy and motivates them differently.
All traders have just one thing that motivates them to continue to trade with happy mind. That is making profit from trading. I have been a trader for over four years now and I know that is the truth. If traders are losing, they are not happy with the situation. But if they are making money, they are happy with the situation. But it has a problem which is more encouragement to trade which can also still have bad effect on the trader's health. So it is good to trade wisely and have time for yourself and health.And that is also one of the actions they take to minimize the possibility of losses that are too significant, and regarding the impact, yes maybe I will agree with your opinion that trading can also have an impact on a person's health, and that's why time management is a mandatory plan for a trader.
Hey mates, happy weekend! I think we should have a discussion about what motivates traders.
Is it the thrill of seeing your setup come to fruition, the money and flexibility that successful trades offer, or perhaps the partnerships and extra rewarding events that successful traders get to participate in?
What's your motivation?
I used to be very enthusiastic when trading. having my mentor friend is very enjoyable for trading. but over time I lost more often in the short-term trades I did. so I switched for a longer time to some altcoins. it worked out profitable but I don't have much time right now to trade. so I chose to collect more Bitcoin in my wallet. it's calmer for me compared to daily or short-term trading.
Different traders will have what makes them happy and motivates them differently.
All traders have just one thing that motivates them to continue to trade with happy mind. That is making profit from trading. I have been a trader for over four years now and I know that is the truth. If traders are losing, they are not happy with the situation. But if they are making money, they are happy with the situation. But it has a problem which is more encouragement to trade which can also still have bad effect on the trader's health. So it is good to trade wisely and have time for yourself and health. I think it is clear that in general money is the biggest motivation for traders, because after all that is the main purpose of why we are involved in the profession. If there is no money in it which is a primary means of exchange that is always important in life then I think it is unlikely for someone to be willing to spend a lot of time even up to years to improve their skills and knowledge, and all that is done because we want to get more money and also want to have more ways to minimize the possibility of losses that are too significant. Another thing that I can see from trading is that this is a profession that can be used as a place to test discipline, consistency in learning, patience, financial management and building a strong mentality.
I agree with your last paragraph. It can definitely be used to test patience levels, discipline, consistency etc..
Hey mates, happy weekend! I think we should have a discussion about what motivates traders.
What's your motivation?
Inwardly? Personal satisfaction
Those are the major ones. i want to make the money first, then be able to help others in my circle too make the money as well. The sense of personal satisfaction comes from it . These are my motivating focus that I think of each day waking up as a trader.
What about the feeling of seeing your setup come to fruition? Knowledge? Experience?.
Hey mates, happy weekend! I think we should have a discussion about what motivates traders.
Is it the thrill of seeing your setup come to fruition, the money and flexibility that successful trades offer, or perhaps the partnerships and extra rewarding events that successful traders get to participate in?
What's your motivation?
Ask yourself this. Would you be trading if you had money? Or from a rich family? The motivation is financial freedom and as a trader your job is to utilize every tools and resources to get there. Just like you can leverage on this extra initiative By Bitget to earn some tokens.
Trade to win SOL, BGB
Well, the only thing that drives me to trade is because it is still profitable and can provide great benefits. Although trading has high risks, if we do not cross the line, and always pay attention to important things, then I think it will reduce the risk. In addition, some people also make profits in a short time. This encourages other people's enthusiasm to be greater to trade.
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