Topic: Why are people getting scared to Trade - page 3. (Read 3003 times)

Mistakes in understanding trading will certainly be very detrimental to them and if they are forced to trade without a good understanding of trading, of course this will make them trade like they are gambling, they just hope for luck to get good results from the trading they do, of course this a wrong action and when they have had many failures will blame trading.

Preparing yourself first before trading is of course very important for everyone who decides to trade. They must first understand well what they are doing in order to be profitable in trading, because it is impossible for someone to last long when trading if they continue Continuously experiencing losses in trading, it would be better for us to use small capital first until we understand properly and correctly. As you said, we must avoid using borrowed funds to trade so that we don't experience problems when trading fails.

Sometimes it makes me think that there are communities that are afraid to trade because they might lose their money, but they really want to make money in the crypto business. And for that to happen, they really need to invest cryptocurrency either in exchanges or in project campaigns.

Even so, they should still learn trading because, as traders, they will enter the field of the trading industry, and it is not easy to do, especially if you are a first-timer entering it.

It is true that many income sectors I have seen offer relatively high returns and short-term returns tend to be much riskier than other sectors. And I have also seen a handful of people I know who are experienced in trading have also faced huge losses many times while trading. Although they have been able to overcome that loss many times but there are some who are still unable to recover from that loss. But what I have seen from observing them is that when their mental state is very stable and good they do well in trading and when they trade with stress they apply a lot of knowledge and skill yet they have to face losses.

Yes bro, many people have the wrong perception about trading, they think that trading is as easy as they imagine, without having to learn in-depth knowledge they can trade straight away, many withdraw when they can no longer accept losses, even though before they start trading they have to really prepare. themselves first, such as digging deeper into what trading is and how it works, after they have understood how it works then they can dive into trading, as long as they don't use money from loans, in which case the losses won't be too frustrating and they will have to return the capital. the proceeds from the loan itself, so just take the safe route so you don't get too frustrated when you lose.

If trading was that easy then everyone now is already that making up trading on which we know that this is something that cant really be done so easily or making yourself that profitable.
You would really be needing up that specific skill and knowledge on how to deal up with things if you are really that trying out to deal up with this thing.

Also, trading skills isnt something that you could really be able to learn up in a short period of time on which you would really be needing to put up that sufficient effort and time and money
for you to acquire up such knowledge on where not all people would be having that kind of consideration. This is why at the moment that someone sees up when they do lose up money
then they would really be tending to back out just because they cant really be able to bare up with the risks and calt really be able to handle up such situuation.

Some could be able to accept about those potential loses but majority for those who are scared arent really that liking on losing money or something that they cant
be able to handle out specially into their emotions.

Of course you can make money quickly if you have a lot of experience and knowledge, or if you are a professional trader who already has a lot of insight and high flying hours, but whoever you are, even if you are a professional, there is always a possibility of loss. This is certain, because in trading there is never a way or strategy that can 100% produce a profit, meaning there will always be the possibility of experiencing a loss and this possibility applies to all typical traders, especially beginners. But of course there are differences in terms of the amount of losses experienced by professionals and beginners, where of course professional traders already have a lot of knowledge and experience so they have good risk management.

Another thing, if we talk about long or short term then yes of course the longer term is safer, you will not experience a lot of tension and worry within yourself regarding possible risks, because as long as you hold your entry position in the market then even if for example the market goes down and past your entry or opening price, there will still be a chance to rise again at a later time as long as you still hold that position, while in the short term the opposite is true. And yes, it is true that whatever method you use in trading, of course expertise or skills will always be important, this means that if you want to be successful in trading then you should never give up on always learning.

It is true that trading can make money quickly. In my opinion, it is very difficult to do this job, even though you have been equipped with knowledge for years, sometimes even those who are experts can still experience losses. It seems that the trading you are talking about is trading with long-term methods whereas above you are talking about short-term. What you are talking about is of course widely used by investors because it is much safer than short term. Indeed, all investment methods require extra patience, time, expertise and experience to get the results we want. I think only a few people are truly successful in this job as a trader.

Losing is something that everyone must avoid, especially losing when trading. So it is very important in trading that we have knowledge and experience in trading because this will be one way to achieve success. Even if you have a lot of money, without experience, you will lose a lot of money. The mindset must be changed about trading, because trading is not a way to get rich quickly, that's for sure. However, if you are persistent and patient, your goal of becoming rich will be achieved.

When making transactions on the exchange, there is always an airdrop event and we follow it. This doesn't mean we are afraid of losing or afraid of trading, but taking advantage of existing opportunities is something we should and should not do. Additionally, the airdrop on gift redemption is also impressive. Additionally, many professional traders use airdrops to add assets to their portfolios.

You are right, those who have been able to make a profit from the trades they made, of course when they first tried, they certainly experienced failure, but they don't give up easily and can correct the mistakes they made so that they can achieve profits on the trades they make.

By having large capital and being mentally prepared, they will be able to choose the level of risk they face and of course they will have a very good understanding of the decisions they make to be able to get good results, but for those who have limited capital they will of course be very careful -be careful when trading and it is difficult for them to take bigger risks because the capital they have is very small.

I can say that no one is immediately successful in trading, they must have gone through a very long journey that we don't know what they have gone through. I think they will feel failure after failure, but they don't give up easily so that makes them successful in trading.

We only see their achievements without seeing what they have gone through so far. That's something that usually happens, so don't be surprised when people (especially beginners) end up thinking trading is easy, because they only see the results of what other people feel.

We can't stop learning, and that's not just in trade, but in everything.

That's why we have to consistently study it because everything can definitely be studied with much more serious abilities.
Skills will be gained when someone dares to trade directly and must also be accompanied by basic knowledge to understand trading.
Trading does not always promise profits, but we can take smaller risks by having the right knowledge.

Mentality is needed for a level of consistency in trading even though in the beginning we often experience losses.
Successful people will continue to try to improve their skills and they will not stop before achieving success in trading.
People fail usually because they don't have the ability to persist and be consistent so they leave the trade without making anything.

Those said are the requirements if we want to have a sustainable trades. If you have that skills and aspects, I believe that you can have a good win to lose ration on your trades, basically you can earn from trading consistently as you have the skills. The thing is those skills are harbored from the experiences and can't be obtained by a newbie trader.
Yep, most successful traders started small first and has a bunch of fails but the difference between those successful traders and those failed ones is that the successful traders didn't stop even they are losing money and moral to learn to trade.

To control fear and minimize losses, someone must learn first before getting involved in it.
Thinking of trading by risking luck is a wrong practice because we never know the results.
Trading requires analysis, mastering a clear plan, having management, discipline and knowing how to control emotions, if we don't have this it will be difficult to minimize losses.

In essence it is much easier said than done so many people find trading is not suitable for everyone.
But when someone is serious about studying, there is nothing difficult because trading can be learned and practiced by using small capital first.
But people don't dare to take risks and prefer to look for a safe point, so investment is the choice of many people.

There is a lot of difference between trading and future trading. If one does trading he will never lose the whole money. There is some safety here in trading but in future trading there is risk of losing the whole money. From future trading one can easily lose money in a short period of time.  You can be rich and because of some small mistake you can lose all your money in a short period of time and be destitute. I think trading is much better than trading futures. I have been trading futures for several days and what if I make a profit one day and then lose all my money the next day.  Done. So now I try to stay away from futures trading because I know that profiting from futures trading is very risky.

If you have good skills in analyzing the market and price movements, then you can take advantage of market volatility to gain high profits from trading. I agree that traders can also make a lot of money and become rich, but they are people who have also experienced the bitterness of loss.

Apart from knowledge and experience, traders also need capital and mentality. Large capital and a good mentality can make a trader consider greater risks compared to those with limited capital, maybe this is why some traders can get more profits than other people who are more familiar with the crypto market than them.

True, as a fact that we know in trading that this is an activity that requires a trader to always be calm in every time analyzing to make decisions that are really right, meaning that having the ability to control emotions can be said that it is an asset to be able to increase the chances of profit as well as can also be useful for minimizing the possibility of significant losses.

On the other hand, however, thinking or believing that trading is a get-rich-quick scheme is a very wrong idea and mindset, and it can never be justified because after all trading is a risky activity, I'm not saying that you won't be able to become a rich man in trading but what we have to understand is that the idea requires a very long process and not everyone is really able to go through it all, and because of this why there are some people who end up failing, and the point is that trading can indeed change someone's fate to become a rich man as long as they can really treat it well and correctly.

There is certainly reason to be afraid, we have to trade through money so whether we can trade properly is a big question for us of course. It is better not to trade than to lose money by trading incorrectly. There are many traders who don't know much about all these crypto trades but only seeing the fact that others are profiting, they decide to do such trades and when they see that they are wrong here and their money is losing regularly, they realize their mistake. Rather than trading with the idea that the faster I trade, the more profit I will get, we should know the trade better before deciding to trade, even if it is late. There is no problem with being late because you are trading the right way even if you are late.

Those who trade by being able to control their emotions will of course be able to analyze the market well and this will be able to make decisions that benefit us in trading and if you choose to hold in the long term of course this will really require patience and also good insight into the assets we hold, I don't fully agree with what you said by trading to get rich quickly, of course it takes a long process to be able to master trading well and not to mention the failures we experience, but for those who If they can trade well then there is a possibility that they will be successful in trading and this is not an easy thing for everyone to do.

I agree with you that trading works hand in hand with patience,meaning for you to be successful in trading, especially in holding,you must be a patient type of you must learn to have patience, because it is only when you have patience that you will able to deal with the wait in holding.
Trading makes makes you get rich quick if you possess the trategies involved in it,and if you are winning regularly or consistently,the chances you have in making it in life is  high.

Your joke is fine, it seems so natural that if I need to change my car and it won't improve my trading skills. But we know that our needs motivate us to act. But I like your point that we should not do anything beyond what is necessary which creates an opportunity to lead us astray. It is very natural that no one can improve his skills in one day. But we have to be patient and keep an eye on the market system which will help us overcome fear in trading.