Topic: Why are people getting scared to Trade - page 5. (Read 3003 times)

For those that involve themselves and participate in the Airdrop and the crypto exchanges, is not that they are afraid of participating in trading is just that the trading is involved of high risks and not everyone has knowledge about the trading aspect, and that's why most people's preferred to participate in those Airdrop projects that will be paying them time to time, and they will never involve any of their amount of money in losses.

But for me, even though I want to participate in the cryptocurrency stuff, I would like to have myself involved in the crypto trading because the scammers are the ones who own some airdrops, they will only be looking for a way to get people's attention so that they can scam them easily.

Some traders change strategy when they see maybe another trader using a different strategy from their own and making more money than them from their own perspective. They think maybe their strategy that is already favoring but not bringing enough money like their core trader is not the best strategy to use. Some of them don't know that one strategy cannot favor one person.

It is better for a trader to have one strategy so he will not be losing all the time, but when he or she uses one method to trade, definitely he or she can be able to master the strategy, knows in and out of the method, and won't lose too much, like when he or she changes his or her trading strategy all the time.


especially greed. Once you know that you are a greedy person, then trading is not for you. I know that trading has many challenges that are not easy to get rid of, and that is why it is not for everyone. trading is something that even after learning the whole process and the technical analysis, the trader must avoid many things before he can trade, so trading is not for everyone.

True, and that means that everyone has the same opportunity to achieve success or success in their career but not everyone can take advantage of these opportunities properly and maximally, and I think that's why some people fail and some others succeed, meaning that everything comes back to each of us. On the other hand, I think it is not uncommon to see people who only graduated from elementary school but managed to achieve success in their lives, while people who have high degrees in education such as bachelor's degrees in the end are not uncommon for them to be unemployed or have financial problems. This means that there is nothing that can be used as a benchmark or guarantee to achieve success other than intention, determination and willingness along with hard work in any case.

Regarding knowledge and knowledge, it is clear that the point is as you say that nothing can be achieved instantly in any case, everyone is required to try it first regardless of whether your actions are right or wrong, because then someone will be able to find out that it turns out that what he did was wrong which made them experience something that was not wanted such as losses and that means knowledge or knowledge will only be achieved when someone is willing to try and process, and I would say that trading is a field that requires someone to always be willing to learn new things, especially learning the various properties of the market, the reason is because the market will continue to move and create new things that have the potential to cause changes.

They just can't handle the risk and can't afford to lose their money that's why a lot of people got afraid to trade. This indicate that trading is not really for all since not everyone can handle the market unpredictability and also can't handle the stress so its not surprising to see people hate to trade again then shift their attention to other things which they think that more better than trying out their luck on things they are not really so sure.

Trading is for strong person which is good to handle their emotion and finances since if they don't have this traits then I expect that people will lose in trades especially if they are a type of person that easily carried out other people statement and cannot do good decisions for their selves.

What you have to underline is that nothing is difficult as long as there is a willingness to learn it, even though it takes time for everyone to learn because there is no instant knowledge without going through processes and experiments. I quite understand the advice you are saying, but trading is a job that many people need to explore and study because from trading you can also have the opportunity to make a profit while also hoping for a profit by holding Bitcoin in each market cycle.

Well, to be precise, they might be afraid to take risks again. Maybe they feel that a good business has very minimal risks, or they would rather work. However, I think the thing that scares them is that they are afraid of losing the money they have. After all, they may have tried it and lost a lot of money, or they have only heard about it from other people. I think there is a special reason if they are afraid of trading.

For this space we have several ways to make money and it can be done if we understand how.
Why many people don't like trading is because they don't understand how to do it so there are a lot of risks involved when trying to do it.
I never want to recommend exchanges but I just love it when people actually hold onto the best assets like bitcoin. Trading can be carried out when someone understands how to do it and they must also master how to trade correctly.

Both investing and trading require money and neither can be done if you don't have money. Simply put, you can trade when you are ready to face the risk and most importantly you have the skills to carry it out.

Not really that much that could precisely reflect out on such condition or pertains about on trying out to compare to trading.Yes, we would really be finding strategies that could give out that chance on making a profitable trade but we do really know that when it comes to trading then we do have different market conditions on which at the moment that you would be able to face up such condition then you would really be that normally be able to adjust on what are the strategies that you would be using. Market is indeed that volatile and does have different market situations or conditions on which at the moment that it would happen then it would really be just that right that you would be adjusting accordingly. This is why at the moment that you would really be able to encounter such condition then you would be needing to adjust.

You would really be just getting scared to trade if you are really that not ready or really that being prepared on handling out a volatile market and doesnt really want nor like to lose money.
On the moment that you would be that prepared and having that kind of interest on dealing up with trading then you would really be that trying to cope up with those things
and would really be that be versatile on what you would be doing.

I completely agree with that, and it is not only about trading but about anything that a person does, if they try a lot of methods, even if all of them are working, they would get confused and think that they still need to find other methods that might work better than the current ones when in reality, all of them are working well but they are just getting themselves confused.

Similarly, when you are trading, if you don't stick to a single strategy and keep looking for new strategies and keep switching, this might affect your trades negatively instead of giving you better opportunities. I know that some strategies might not work for some people, but one should stick to a strategy that they think is working and should only improve and improvise in that strategy to make it better over time.

I learned different strategies but it only makes me confused. So my advice to an empty cup trader is to focus only one strategy. Because all strategies are working but not them all provide 100% win rate. So if we keep changing strategies because we thought we can find that really works for us, we are wrong. It only adds confusion to our analysis.

I see you made mentioned of exploring different strategies to trade, to me it's good to have different strategies to trade but have you asked if having all these strategies and yet someone doesn't make profits maybe doesn't stabilized yet what could be their fate at the cause of exploring different methods to trade. Naturally I will say is better to have a well developed methods to trade that would always favor someone while trading at least they will be sure of their little profits or some percentages per month as they keep trading gradually.

Well said.

The losses are room given to Traders to review what lead to the losses and become more better, everything is about Risk as Nothing good comes easy, if Traders shy away or give up what was the necessity of starting out in the first place, When a Man embarks on a journey it would be fruitless if he returns back because they were obstacles on the way, instead of him finding another route or remove the obstacles such person would not see the results of others who scale through.
Traders need get up, put in more efforts and see till the end.

Of course, as you said that any trader will definitely experience losses, meaning that the possibility of loss is a risk that can never be separated in the world of trading regardless of who you are even though for example you are a professional trader in the sense that you already have a lot of experience and high flying hours. On the other hand, yes it is true as you said that the training phase also means a process that has the potential to lose money, because of course in any case in order to gain knowledge, one must first make mistakes.

On the other hand I am interested in your idea above which says that in some cases there are some people who fail who ultimately say that trading is not for them, and I am sure that when they try other things or other fields then when they experience difficulties again they will most likely also say the same thing “this is not the right place for me”, meaning this is why a strong mentality is really needed.

We all know what trading means and how it can be risky atimes,but the risk shouldn't shy us away from making investments or trading more.People who don't feel it is necessary to trade because they may have suffered lose in previous activities in trading will have the Ennui to continue trading because they have been a victim before,but to me,I think as much as we derive different strategies towards trading,everyday is not always a bad day,so trading more with different strategies can only get us a better result than quitting when tommorow can be better.

Any trader will lose money, especially for beginners who are just learning and trying to find their own working strategy. Training will also mean losing money, otherwise it will be impossible to check what works best for you. A beginner will most likely learn from day trading in order to try out everything that interests him as quickly as possible, but in the end he will come to the conclusion that medium-term trading and long-term trading will be the most optimal, I say so, because this happens in most cases. And at first, when it seems that trading is too difficult, they may think that trading is not for them, everyone goes through this.

Confidence is a very important thing in trading, because with confidence we might be better at analyzing. The reason is that when we analyze without confidence, it will make our minds disturbed and we are not sure about what we have just done, this is not good for our mentality.
Discipline is also important, because with discipline we will be able to be consistent with what we do. For example, when determining a profit target, usually in a profitable situation, greed will start to come into our minds and that encourages us to continue holding back, even though our profit target has been achieved. We can control this if we can be disciplined, even though in the end the market will continue to provide greater profits, but in my opinion we must prioritize our targets at the start.

It is true that those who do not dare to trade are because they are afraid of losing their money on the trades they make, but it will all become easier when you understand everything you are doing in trading and for those who understand trading well, of course they already know what they can do and what they shouldn't do that makes them experience losses in trading, so I think it would be better to understand first what we will do so as not to experience losses in trading and after they understand well what they Of course, they will be able to reduce the potential losses they will incur from the trades they make.

That true mate I agree with you that Trading is not easy. In trading you will be need a lot of effort. Thus, you also need to be aware himself form all the knowledge that is required for trading. Apart from this, the most important thing is experience, which is a very important thing for every trader. Trading without experience + knowledge is like gambling. That means to become a good trader, you have to learn all these topics which are not within the reach of an ordinary person. In which one has to learn things like knowledge + experience, technical analysis, fundamental analysis, market sentiment, dynamics, etc., which is a very difficult task. And above all, it is not to be learned but to be monitored and applied as soon as there is a suitable opportunity. 
 
So you are right that Trading is a very effortable job.

Rather than talk about other people's fears, I'm going to talk about mine. As someone that has lost of his trades, missed some, got in early on some and getting out before the market went to the intended direction I predicted it would go. My biggest fear is not being confident and disciplined with my trades. It's really easy to start trading but hard to keep at it when trades don't pan out nicely like we'd like them to. This is why I've taken a step back to build a much stronger psychology because as much as one can be good as a technical analyst, if you don't have a good psychology to go alone with it, you might never be successful and that fear of being an unsuccessful trader will eat you up.

That's totally gamble if you randomly put your stop loss without analyzing the market price action that's too risky it would likely always hit your stop loss instead of making a profit.
The only reason why people are getting scared it is because they are not confident about the position they made and lack of knowledge but why would you go into live trading without practice that's totally gamble you should start with paper money to build up your confidence and to test the strategy that you learn anywhere before going to live trading.
Sample make a challenge for your self that you can profit with your paper money once you are able to make a profit on paper money and you learn how the market works then go for live trading and make sure that the capital you are going to trade are small amount that you can afford to lose so that you can control your emotion before you go into live trading.

Making a profit in trading is not instant it needs patience and you should learn from mistakes you made while you are trading with paper money.