Why does everyone want to trade? - page 4.

LUCKMCFLY

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Quote from: Franctoshi on December 09, 2022, 09:52:45 AM

There are a lot of money to be made (enough liquidity) in trading , secondly People wants to trade because they feel like it's one of the easier ways to earning money and too to have financial freedom, but in reality 95% of traders loose money trading because of not understanding how the market works.

Literally , Trading is fun , easily, and less stressful with trading tool available for trading if you really understand trading very well.

Yes, if you say it that way it's very funny, the downside is that it can often mean losing money, of course it's much better to trade and apply knowledge than just going to a casino and betting everything and leaving everything to chance. It is something that cannot be denied, however I have seen many people who enter trading and do nothing but lose money, these things can happen that way, but you have to be very moderate, you cannot leave everything in the hands of the luck and fun, for me things can happen like this, because trading must be taken very seriously because that implies losing money.

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Quote from: Insanity on December 02, 2022, 09:00:09 PM

Quote from: Awwal08 on December 02, 2022, 03:05:57 PM

The reason why people are trading is all about making money. People love money very well and they will do anything possible to make money. Quit alright trading is a way of making money but still not everyone will succeed through that means, but some still don't believe in that.

Those who don't believe will believe this poison very soon because almost everyone knows about crypto market and everyone trusts it. I think the most important thing in business is trust. If you don't have trust, you will never find peace in business.

I've come across people who are skeptical of bitcoin I've tried to persuade them, but they don't seem interested. That is them personally I will keep sharing the information and you're right talking about trust I so strongly believe in bitcoin and like it was said, bitcoin is circular, and the price will undoubtedly bounce back and become stronger most people invest in bitcoin because it is perceived to be a safe investment. What most people fail to realize is that you should conduct research before beginning or entering any.

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Quote from: Awwal08 on December 02, 2022, 03:05:57 PM

The reason why people are trading is all about making money. People love money very well and they will do anything possible to make money. Quit alright trading is a way of making money but still not everyone will succeed through that means, but some still don't believe in that.

The real reason behind why everyone is fascinated by trading is because we all love to earn money without having to do too much work. When people look at trading they see it as a means of making quick money which is also a reason why so many people are gambling addicts. They see the money behind trading but fail to realize that it takes years of experience and hardwork to earn what people are earning today.

You ask a friend of yours and they will always find your job easier and vice versa for you and that's because people only see the money others make but not the work put behind to make that.

Obari

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I wrote something about this very issue and I wanted knowing why people still make alot of loss after being successful as a demo trader.
From my perspective, I think people trade freely in the do account because they don't have anything to loss, unlimited trading capital upto $10,000 which is refundable at anytime but when one trades with real account with all the money he has(money he can't afford to lose) with just the expectations of making profit, then one tends to over pressure himself and start treading with emotions and also forgetting all the principles he has acquired and also forgetting the principle of risk management and want to over leveraging and end up blowing up their account.

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There are a lot of money to be made (enough liquidity) in trading , secondly People wants to trade because they feel like it's one of the easier ways to earning money and too to have financial freedom, but in reality 95% of traders loose money trading due to their inability to understanding how the market really works.

Literally , Trading is fun , easily, and less stressful with trading tool available for trading if you really understand trading very well.

xSkylarx

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Quote from: Obari on December 05, 2022, 05:52:51 PM

Trading is a business and hence should be treated as such.
There are huge difference in trading a real account and that of a virtual account ( demo account), when people trade with de o accounts, they do so without emotions which simply implies that they trade with the assurance that no matter what they play, there wouldn't be any loss to them and at such do those trading for fun and freely.

That is why there are some people who learn to trade they will deposit a small amount of money and start at a low size just for them to feel the pressure and what is the real feeling when trading. But mostly you can see when watching or reading tutorials they really recommend creating a demo account first to test your strategy to see if it is working before jumping to trading. Those 2 options are depending on the trader since there is still a trader that wants to demo first, and others also want to deposit directly money.

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Quote from: Obari on December 05, 2022, 05:52:51 PM

Trading is a business and hence should be treated as such.
There are huge difference in trading a real account and that of a virtual account ( demo account), when people trade with de o accounts, they do so without emotions which simply implies that they trade with the assurance that no matter what they play, there wouldn't be any loss to them and at such do those trading for fun and freely.
But the moment a live account it's funded and just as you stated that the money was a borrowed funds and you are supposed to refund someone else that money and possibly with interest, we would want to add the pressure of all our burdens on that trade and then greed comes in wanting you to want to solve all your problems same day and possibly same time.
Everyone wants to trade because trading is lucrative but no is actually ready to bear the risk involved.

Fear is your enemy when start using your real money, there are many people who thinks that they can easily execute what they are
done using demo account.

Not knowing that it's far different from using your own money, there's emotion as indeed, you are avoiding losing money and when
you are trying to avoid it. Fluctuation might happen and trigger you in making mistake.

It's important that you are ready, and you are not afraid seeing your money depreciated while the market is in the bear
season.

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Quote from: jossiel on December 02, 2022, 03:58:37 PM

Quote from: Falconer on December 02, 2022, 10:08:31 AM

Quote from: jossiel on December 02, 2022, 08:15:57 AM

Everyone who engages in trading has only one goal and that's to make money. Well, the other goal might not be earning money for the beginners and it's just plainly want to learn and experience it.

But eventually, the main reason and goal comes out and that's all about none other than making money. That's straight up reason and for sure no one will deny for that particular reason why they trade.

The main goal is still about making a profit, nothing else. If the real purpose of trading is to gain knowledge or learn, then they should start with a demo account or maybe not use real money right away. Trading is a risky activity, so it should not be attempted or undertaken out of curiosity.

Without a clear goal, the best advice for them is to invest instead of trade. Being a trader is complicated, especially if they want to make consistent profits every day. Really I admit it is really difficult to achieve.

Demo is truly the way for the beginners, but you'll never feel how's the feeling of losing if you'll stick with it for a long time.

That's why beginners have to try that they should be practicing with real money too but not that much. They can think of it as the entry fee that they can have to learn the new lessons with their own way of trading.

It's why losing at the beginning is going to be normal and that's part of everyone's growth.

Demo is good but only for the sole purpose of familiarizing on how this market works and on how to make use of those indicators or tools or simply knowing those terms and other related aspects.
But on the time that you would tend to touch up live trading on which you are already using up your own money then this is where emotions would really be affecting your trading decisions.
Trading is something that do really gives out that chance or opportunity on making yourself earn huge amounts of profits but also lossing on the same chance too.
There are just people who cant just easily realize on what are the risks that they are facing on once they do step their foot into this market.

Obari

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Trading is a business and hence should be treated as such.
There are huge difference in trading a real account and that of a virtual account ( demo account), when people trade with de o accounts, they do so without emotions which simply implies that they trade with the assurance that no matter what they play, there wouldn't be any loss to them and at such do those trading for fun and freely.
But the moment a live account it's funded and just as you stated that the money was a borrowed funds and you are supposed to refund someone else that money and possibly with interest, we would want to add the pressure of all our burdens on that trade and then greed comes in wanting you to want to solve all your problems same day and possibly same time.
Everyone wants to trade because trading is lucrative but no is actually ready to bear the risk involved.

LUCKMCFLY

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Quote from: Rockstarguy on November 19, 2022, 07:34:14 AM

Quote from: martyns on November 18, 2022, 12:55:57 AM

Quote from: xzy887 on November 17, 2022, 11:19:59 PM

Now everyone wants to get into crypto currency trading. Not only that, they want to learn new trading and gain a lot in one step. They claim to be a professional traders without having a good knowledge of the trade and after a few days they quit trading again because then they suffer a lot of losses and run out of all their money.

And so I think everyone wants to trade,
but no one wants to learn to trade.

Jumping into trading without having knowledge backup from vital trading PDFs and tips from top men in crypto will definitely be the starting downfall of men. Trading is basically free for everyone who's always willing to learn and as they say, learning never ends. Some see it as too complex and they don't have the qualities or the required tools for start-up. Laying good foundation for trading will really help minimize trading at loss, and gaining in full very necessary.

Learning is important in trading, without learning it is impossible to make profit. But I have come to see that some beginners after learning about trading for sometime they feel so confident of themselves they can start up trading with a big amount. After a beginner have gained knowledge from reading books about trading, watching videos, it is preferable to start up with a small amount or amount that is affordable to lose because crypto trading is volatile. Beginning with little amount first helps beginners to understand how the looks, to understand the volatility and the risk involve in crypto trading.

The image is really very funny, but I think they focus on the truth of what we are currently experiencing with everything that has to do with trading, most people believe that by trading they will become millionaires, I do not blame them, if they see many advertisements of people selling smoke, only a few believe that this is reality, honestly I do not know how some can believe in these people, it is incredible the level that many have when believing in them, to be a trader requires a lot of knowledge, of books, with a lot of experience, and it is not possible for someone barely 18 years old to already have everything: houses, late-model cars, only with trading.

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Quote from: Insanity on December 02, 2022, 09:00:09 PM

Quote from: Awwal08 on December 02, 2022, 03:05:57 PM

The reason why people are trading is all about making money. People love money very well and they will do anything possible to make money. Quit alright trading is a way of making money but still not everyone will succeed through that means, but some still don't believe in that.

Those who don't believe will believe this poison very soon because almost everyone knows about crypto market and everyone trusts it. I think the most important thing in business is trust. If you don't have trust, you will never find peace in business.

it's not a matter of trust, but it's about people who believe too much in crypto as a source of profit but don't see the big risks that have to be faced.
there are lots of people who borrow money from banks to invest in crypto without knowledge and only think about big and big profits. so they have excessive assumptions about it all and eventually they will lose their money when trading.
if it's only limited to trust, I also believe that trading will bring big profits but it must be passed with all the right analysis and strategies.

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Quote from: Awwal08 on December 02, 2022, 03:05:57 PM

The reason why people are trading is all about making money. People love money very well and they will do anything possible to make money. Quit alright trading is a way of making money but still not everyone will succeed through that means, but some still don't believe in that.

Those who don't believe will believe this poison very soon because almost everyone knows about crypto market and everyone trusts it. I think the most important thing in business is trust. If you don't have trust, you will never find peace in business.

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Quote from: Falconer on December 02, 2022, 10:08:31 AM

Quote from: jossiel on December 02, 2022, 08:15:57 AM

Everyone who engages in trading has only one goal and that's to make money. Well, the other goal might not be earning money for the beginners and it's just plainly want to learn and experience it.

But eventually, the main reason and goal comes out and that's all about none other than making money. That's straight up reason and for sure no one will deny for that particular reason why they trade.

The main goal is still about making a profit, nothing else. If the real purpose of trading is to gain knowledge or learn, then they should start with a demo account or maybe not use real money right away. Trading is a risky activity, so it should not be attempted or undertaken out of curiosity.

Without a clear goal, the best advice for them is to invest instead of trade. Being a trader is complicated, especially if they want to make consistent profits every day. Really I admit it is really difficult to achieve.

Demo is truly the way for the beginners, but you'll never feel how's the feeling of losing if you'll stick with it for a long time.

That's why beginners have to try that they should be practicing with real money too but not that much. They can think of it as the entry fee that they can have to learn the new lessons with their own way of trading.

It's why losing at the beginning is going to be normal and that's part of everyone's growth.

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Quote from: Awwal08 on December 02, 2022, 03:05:57 PM

The reason why people are trading is all about making money. People love money very well and they will do anything possible to make money. Quit alright trading is a way of making money but still not everyone will succeed through that means, but some still don't believe in that.

Many want to make money, but they lack experience and understanding of the basics of trading and risk management, and they lack understanding of the chart and technical analysis. An expert trader can make a profit during the pump and dump of cryptocurrencies. The expert trader seizes the appropriate entry opportunities for buying and selling. As for the beginner trader, he cannot determine the right time for buying and selling, which results in him losing his money. Also, trading does not require anything other than opening an account on the exchange platform, so many people prefer trading without anything else.

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Quote from: MainIbem on October 30, 2022, 04:11:23 PM

So my question is; does those who started trading on binary faces this same issues?
And if yes how much have you lost so far?
How long do you think to learn to be perfect in trading generally both binary options and spot trading or any other trading?

There's a big difference in the way of handling strategies between a demo account and an actual trade.

First of all, your friend didn't feel any pressure when doing demo trades since obviously, no money is at risk. Therefore, no such thing as him being worried or under emotional stress since everything is just fine whatever the result is. In other words, stress-free.

In actual trades, we have a priority that we need to do and every action should be careful since real money is at stake here. Even a paper loss can already have an impact on our emotions that might affect our way of handling our trading activity. There's always a risk associated with each of our actions. One mistake can result in a big loss but on other hand, with a strategy, a big profit is possible in return.

Not because we are successful at the demo account, the same goes will happen in actual trade. Actually, losing in real trades is the best foundation that will make us better traders while we progress, of course, if we are really serious about doing that.

More importantly, the market will not adjust for us and not all the time, the situation will favor us.

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Quote from: Falconer on December 02, 2022, 10:08:31 AM

Quote from: jossiel on December 02, 2022, 08:15:57 AM

Everyone who engages in trading has only one goal and that's to make money. Well, the other goal might not be earning money for the beginners and it's just plainly want to learn and experience it.

But eventually, the main reason and goal comes out and that's all about none other than making money. That's straight up reason and for sure no one will deny for that particular reason why they trade.

The main goal is still about making a profit, nothing else. If the real purpose of trading is to gain knowledge or learn, then they should start with a demo account or maybe not use real money right away. Trading is a risky activity, so it should not be attempted or undertaken out of curiosity.

Without a clear goal, the best advice for them is to invest instead of trade. Being a trader is complicated, especially if they want to make consistent profits every day. Really I admit it is really difficult to achieve.

They should realized it first that trading isnt something that you could easily deal with.Dont make yourself that impulsive on diving on things which you arent even familiar with or simply you are just been hyped up

just because you've seen someone do make out huge money or profits without even knowing on how hard they do able to do such thing before they do able to reach that part.Its not really as simple as it looks.
It would really be involved lots of trials and error or even mistakes which would really be that common on such situation. You would soon realize that it isnt really something simple to deal with.
It does really takes time and lots of effort before you could make a good hold or grasps into it.People are really just that too reactive when they do saw that someone do make huge money
without realizing that its never been that easy.

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The reason why people are trading is all about making money. People love money very well and they will do anything possible to make money. Quit alright trading is a way of making money but still not everyone will succeed through that means, but some still don't believe in that.

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Quote from: jossiel on December 02, 2022, 08:15:57 AM

Everyone who engages in trading has only one goal and that's to make money. Well, the other goal might not be earning money for the beginners and it's just plainly want to learn and experience it.

But eventually, the main reason and goal comes out and that's all about none other than making money. That's straight up reason and for sure no one will deny for that particular reason why they trade.

The main goal is still about making a profit, nothing else. If the real purpose of trading is to gain knowledge or learn, then they should start with a demo account or maybe not use real money right away. Trading is a risky activity, so it should not be attempted or undertaken out of curiosity.

Without a clear goal, the best advice for them is to invest instead of trade. Being a trader is complicated, especially if they want to make consistent profits every day. Really I admit it is really difficult to achieve.

jossiel

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Quote from: ?? on ??

I am sure that everyone does not want to be engaged in trading as much as to earn good money. I think that this is what drives those who want to try their hand at trading.

Everyone who engages in trading has only one goal and that's to make money. Well, the other goal might not be earning money for the beginners and it's just plainly want to learn and experience it.

But eventually, the main reason and goal comes out and that's all about none other than making money. That's straight up reason and for sure no one will deny for that particular reason why they trade.

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Quote from: carlisle1 on December 02, 2022, 07:39:27 AM

Quote from: Insanity on December 01, 2022, 07:40:56 AM

Quote from: ?? on ??

It seems to me that many simply mistakenly believe that trading is very simple and can bring profit without much effort. But in fact, to make money in this industry, you need to study a lot. When I started working with a broker from Amarkets, I paid enough attention to working on a demo account.

Those who think that trading is very easy and that anyone can make money by trading in a new platform, those who do it, this is not a wrong idea. If you want to make a profit by trading, you must have an idea about the trap and keep an eye on the market when the price of a coin increases. You have to keep an eye on it and trade after that. I think trading is not as easy as people think.

Trading is not as easy as you think it was, but for people who will spend time to learn deeper about this about the business
they can have that good chance to succeed. There are many available sources of information,

All you have to do is to sort it up and try to practice if what kind of system and patterns that will work according to how you will
approach your trading journey,.

We can not tell what future will be there for us when we start our journey, but the driver of our fate is our own knowledge about the
venture that we are trying to travel.

but I'm sure not everyone likes trading. although there will be more and more people trying to trade even though, in the end, they choose to be holders.
in short, trading can bring us small profits in a short period. of course, those with relatively small capital will be more interested in trying trading than long-term investments.

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