Topic: What people some people don't know about trading - page 2. (Read 960 times)

Spending more time on a work you love to do gives perfection and almost all the successful traders I have seen today had to sacrifice two or more years learning about trading and to become this perfect in it today. It is not a get rich quick scheme and luck does not resides here, you have to show that you want to do it and you’re doing it to attain perfection as time goes.


Hardwork pays and you can’t outsmart nature and those who have put in effort to get this far in the market. It’s a process and you can’t jump the process to get what you want faster than others that have been there before you.

With that year of span, I guess you already have a good experience in trading so you can lessen the risk even just the basic decision you can now make on your own and not wait for the signals of other people. Trading could be easy money for those who perform well, giving a lot of effort, time, and of course risk with their knowledge and commitment in trading but again not all the time the market is your friend, still there's a risk but with your experience, you can lessen the risk and make a quick decision with the current market situation.

Yeah skills are more useful in trading. No matter capital you start trading without complete knowledge of trading it won't take long with zero capital. So before starting trading you must spend more time in the market and have a full understanding of market analysis money management and support resistance.

Everyone is born from someone who has absolutely no knowledge and experience whatsoever in whatever field they want to work in, meaning it's normal if you don't have any experience or knowledge at all if you are a beginner who has just got involved, but yes, this is another thing. where the real problem that often occurs in beginners is, as you said, that from the start they misunderstand what trading activities actually are, all they know is that trading is a medium for getting money quickly and instantly.

Even though it is clear as you said, whatever the fact is that something has the opportunity to make a profit, there will always be something behind it, namely the possibility of loss or risk which can actually never be avoided completely and this is why a trader can experience losses regardless of whether they are beginners or professional traders. This is the importance of having a rational mindset from the start so that we can have a neutral point of view towards something, meaning not only focusing on the benefits but also by paying attention or studying something to be able to prevent or minimize the possible amount of loss, in the end in any case it is always about having Willingness to learn and be serious because only with this will you have the knowledge and experience to turn decisions into profits.

Even in holding, you can get that amount all of a sudden when the market pumps or the only coin that you're holding pumps.

As for trading, using a bot won't guarantee all of your trades. You're just setting it to trade for you but all the decision of your trades will still depend on you.

It's a good help but if you don't use that oftenly, you'd like to do things manually.

Those who think the wrong way about trading are those who have never gained real trading experiences. It’s obvious actually, and thinking that trading is a quick way to get money are definitely those beginner’s point of view. But just like how others have said, when they start trading with their hard-earned money, that’s the only time they will realize that trading is hard and risky, and it takes a lot of experiences in the market before you end up as a reliable and profitable trader.

Trading quickly is easy but the question is if it will end up very well? Those who said it can justify it because they might be an experienced trader already but we should not expect the same thing will happen to us because our level is not the same as them. Real masters in trading won't brag about their achievements. They can only mentor someone else who are really serious to also become a good trader like them and they will be very honest about their experience.

The figures stated there are still possible to achieve in our sleep or passively if we will use a bot but of course we will need to master the art of trading first in order to put proper commands in the bot.

On the time that you would be starting trading or simply being a noob, then these are the things that you would really be able to think up.

1. Easy profits or Easy trades
2. Buy low Sell high concept
3. Do easy to understand chart technicals and fundamentals.

On the time that you would really be able to experience trading for yourself or on the time that you would really be having that kind of
realization that those things above isnt something that could really be easily obtained. Due to unpredictability then you would really be freaking out
on the time that you've seeing that all of the things you have done isnt something that too easy for you to determine with those exact points.

Some people earn money with a single trade at the start and they think that they become a master in trading but with the passage of time they realize that becoming a trading master is not an easy thing. For trading you will have to use your learned skills and without learning success will be hard for you to achieve therefore only losers will think about quick profit whereas an expert never entered into the trading with the concept of quick earning.

The main cause of defeat in trading is primarily lack of knowledge after which greed plays a crucial part in the defeat of traders. After learning you cannot say that your knowledge is completed because masters in trading are still learning from their mistakes and get knowledge according to the newly arising technologies so how newbies can say that their knowledge is completed.

Trade is a sector where money comes in and goes out quickly, much like gambling. Once you master trading, you can earn good profits very quickly. Very few people can maintain consistency in learning a trade. Some people work for months on learning a trade but give up at some point. Trading requires constant learning of strategies and strategies are being innovated daily. If you don't have enough time and patience then you cannot progress in this sector. If you have extra money which you don't mind losing then you can continue to trade with the money otherwise you are going to lose it all very soon.

In contrast to the way you can make money quickly from trading, you can lose your money very quickly. Trading is not an easy task at all, you need to know a lot about trading and spend a good amount of time here. However if you start trading in the beginning you may not earn profit on the contrary you may lose your funds And someone who doesn't know how to trade can take years just to learn how to trade well, even if that person starts. That's why it shouldn't be thought too easy and the way to earn huge profits overnight from here is quite difficult and time consuming.

What most people who enter the world of crypto trading do not know is that they think that it is easy to make money here, but the truth is that they are mistaken in their assumptions.
What they think is a get-rich-quick scheme is not true.

It takes time and process to study and learn it correctly; there is no shortcut here, and there are facts on the trading topic if anyone is really interested in learning it.

Without a proper strategy or goal in mind, trading can't make you profit and there are a lot of people who fail to realize that. Trading is not like investment where you just let it be, sure with long term investment all you do is holding and you could make money that way, it is not going to hurt you at all.

But, when we are talking about a situation where you end up trading, you have to adjust everything much better. I personally believe that the best we could do would be setting a very strict trading strategy for ourselves and then following that very closely. If we do, then it should be possible to make a lot of money, of course depends if your strategy is good or not, if it is not good then you make it better. However, if we do not follow it, things could go very wrong.

We cannot know it all, trading is not a one way experience in which once we have acquired the required skills needed to start and we may not have to bother any longer, things are not just done in such way in trading, we keep modifying the techniques we are using and the more we are doing this the better the chances on us getting improved in it, because when we know what we are doing, it will reduce the chances of losing whenever we are trading.

I couldn’t agree more. Traders will most likely end up gamblers these days because of their high greed to gain instant amount of profits. It’s like long term planning and acquisition of knowledge and skills do not matter anymore as they thought luck still greatly matters. No wonder majority of traders end up losing their trades and losing their funds. One thing that won’t certainly happen if you trade based on your careful market analysis and keen observation on the good and reputable traders in the market.

Indeed, it can be called making money from the difference in coins bought even faster depending on the trend or pump coming, but on the contrary, if you do not have a good perspective and strategy, you will be destroyed by flash dumps which result in even greater losses . I agree that trading is a way to trade with minimised risk, prioritising what can be gained rationally rather than ego that leads out of rely analysis. Even professionals also have their minuses, but within 1 month if you focus on strategy, of course what is calculated is how to recover and cover it into profit. I don't get that much sir, but I enjoy every profit I get even if it's a few % of my capital.

Experience will make them realize the truth in trading, that it’s not all about getting rich quick but it’s certainly more on mastery and good market analysis so you will end up trading successfully. Those who are not getting real experience with trading are those that mostly believe that what’s influencers are saying are certainly true and reliable, not realizing that these influencers are just feeding them wrong information so they will bite those ideas and leave these influencers in profits while leaving these beginner traders at loss due to wrong mindset with trading.

Not every beginner will become a successful trader after 1-2 years of diligent education. And there is no guarantee that you will receive any profit. In my opinion, in the cryptocurrency market it is easier to lose your money on trading than to make a profit.

It is really funny to see some set of people saying this. If 95% of traders are complaining how difficult and risky trading is, I don't think there will be some set of people saying trading is a way of making quick money. Maybe those set of people saying so are just thinking that trading may be a way of getting quick money, but I will easily conclude they will be those that have not even once tried to trade before, or maybe they are just a set of people that follow all these social media influencers. But as for any person that has experience of trading before, they will never say this.

People see trading as easy because they see people getting huge profit on it they didn't know with the procedure he followed before he achieved the reward, you won't know trading is very hard thing until you join the system that is when you will see the difficulties, but when you have understood everything about trying you won't be losing anytime because you know how to control your fund on it and be profitable, what makes trading difficult is the risk involved is not like other investment that can minimise your risk. When you lose money in trading that is all, you can say you will receive your money back until you utilize it to perform another trade and make a profit if the market is favorable. When you ask most people who gain from trading, they will tell you that it is not tough since they know how to prevent losing money in the market.