Most traders and investors are inpatient they only think of the positive side of it ( making profit) not knowing there will always be a loss someday, well most of them know but when they make losses they became frustrated and unstable, some will give up because of that little experience.
Some of these impatient traders are traders who have recorded success in demo trading, and so because of their easy success in demo trading become over confident in their skills instead of cautious having the knowledge that in trading you can be successful in demo trade but loose all your money when you hurry to start trading the live market. Their hurry hurry leads them to loosing money. Also if you want to learn to trade on your own, be ready to make losses, because you will make more looses than someone who is learning under a teacher. 
Topic: What you need to know about trading - page 7. (Read 925 times)
Most people think life is a bed of roses, is all about sunshine, enjoyment etc not knowing that there's always a tough time and the ability of one to overcome this time makes him great.
Most people? Really? I haven't heard anyone claiming that. I am not sure where you encounter these people. I even tried to see if i find anything like that from the internet by googling "trading is easy" and all i got was articles claiming that trading is hard work. But if you have heard someone, influencer, or anyone saying that, unsubscribe and don't listen. You have probably been part of some weird echo chamber and need to revisit everything else you have heard. There are way more ex poor traders than there are successful ones, because trading, especially day trading is hard. High frequency trading is done by bots so fast that no normie would have an access to that kind of tech. It's a game of probability, patience, math and luck. It's time consuming and so stressfull that i can't put a figure what would compensate the work.
Maybe some people are build to take that kind of stress, and sleepless nights. But i don't think many relationships survive that kind of need to be able to act fast and trade at all times. So i really don't know where you heard about this sunshine, but either you were lied to or they don't know anything.
Just hodl and you can have a satifying life while doing it.
Everyone is on that mindset of making a profit. You don't get into trading because you've been dreaming to lose all of your money. That's the common thing and dream that everyone is sharing. We trade because we've heard and seen it to the others that did it and they became successful. But that's not the actual thing there, we don't see them struggle and people only think of profiting which is right. And when they go to the actuality of it, the problem goes by that they're having problems of accepting the behavior of the market on how hard it is and it's unlikely to survive if you come unprepared.
Some of the spirit of a trader or invest is "I can make it mindset, resilience...
These are the traders or investors that have a long term goal on what they have entered. They know that this is a game that's not for the less patient people but it's for the people that have understood that it's going to be a long game for them. Resiliency is also one thing that shall developed for most because it doesn't come by easy when you trade. It does comes naturally and gets along with your goal of how long you would like to stay on this market. 
Since there is a section to discuss trading matters I think this post should be transferred to that section.
The first thing a trader needs to do trading is the right mindset of trading and the right understanding of trading. When a new trader has a clear mindset about trading, he can make different plans about trading. A true trader's job is to have a sound understanding of trading along with risking some money and analyzing the market in the right coin at the right time. In the beginning, a trader's patience to risk money is a bit difficult, but later, when the new trader continues to trade gradually, he will become more skilled and adept at trading. Apart from deciding to trade, a trader should regularly try to keep an idea about trading and try to learn about new things only then a new trader will be successful in trading.
The first thing a trader needs to do trading is the right mindset of trading and the right understanding of trading. When a new trader has a clear mindset about trading, he can make different plans about trading. A true trader's job is to have a sound understanding of trading along with risking some money and analyzing the market in the right coin at the right time. In the beginning, a trader's patience to risk money is a bit difficult, but later, when the new trader continues to trade gradually, he will become more skilled and adept at trading. Apart from deciding to trade, a trader should regularly try to keep an idea about trading and try to learn about new things only then a new trader will be successful in trading.
I think this topic should be posted in the Trading section. You might consider moving it there so it can be discussed properly.
Most people think life is a bed of roses, is all about sunshine, enjoyment etc not knowing that there's always a tough time and the ability of one to overcome this time makes him great. Tough time is the point through which poor and successful people emerges depending on the choices and decision they take.
Most traders and investors are inpatient they only think of the positive side of it ( making profit) not knowing there will always be a loss someday, well most of them know but when they make losses they became frustrated and unstable, some will give up because of that little experience. Sometimes we make losses and we have bad experience like we offend God but no, we are only been tested. Some of the spirit of a trader or invest is "I can make it mindset, resilience...
Yes positive affirmation is a good habit that every trader must inculcate in their daily exercise because it has it's way of impacting on how we make trading decisions. Trading success does not come by chance, it is a deliberate process that involves both technical and psychological preparedness. First step is to believe that success is possible and achievable. Most traders and investors are inpatient they only think of the positive side of it ( making profit) not knowing there will always be a loss someday, well most of them know but when they make losses they became frustrated and unstable, some will give up because of that little experience. Sometimes we make losses and we have bad experience like we offend God but no, we are only been tested. Some of the spirit of a trader or invest is "I can make it mindset, resilience...
Most people think life is a bed of roses, is all about sunshine, enjoyment etc not knowing that there's always a tough time and the ability of one to overcome this time makes him great. Tough time is the point through which poor and successful people emerges depending on the choices and decision they take.
Most traders and investors are inpatient they only think of the positive side of it ( making profit) not knowing there will always be a loss someday, well most of them know but when they make losses they became frustrated and unstable, some will give up because of that little experience. Sometimes we make losses and we have bad experience like we offend God but no, we are only been tested. Some of the spirit of a trader or invest is "I can make it mindset, resilience...
Most traders and investors are inpatient they only think of the positive side of it ( making profit) not knowing there will always be a loss someday, well most of them know but when they make losses they became frustrated and unstable, some will give up because of that little experience. Sometimes we make losses and we have bad experience like we offend God but no, we are only been tested. Some of the spirit of a trader or invest is "I can make it mindset, resilience...
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