Topic: why many traders(including me) not getting success - page 11. (Read 2224 times)
Trading is designed in such a way not everyone can be successful at it so there are many traders will face losses as well and this bearish market keeps the losses more and more than compared to stable market,so you need to make winning strategy of you want to be successful don't just follow the same.
Friend is very simple, you are not understanding the market, do not let yourself be carried away by indicators, stripes, triangles ... that do not work, remember that trade is OFFER-DEMAND, and most are humans that operate there. It is the presence of robots, but if you let yourself be carried away by technical analysis without knowing what is happening, you can never win ... there are many books that can educate you and help you understand the market.
At least you remember that crypto is high risk investment so if you can't win from it just stop it.
There are many way to success.
Maybe you can't success on crypto but you can success on forex or ordinary trading ?
So always try something new !
There are many way to success.
Maybe you can't success on crypto but you can success on forex or ordinary trading ?
So always try something new !
You can be the best technical analyst in the world but if you don't have a proper risk management strategy you will lose. It is statistically proven. Also you need to be cold hearted when trading, don't put any emotions in it. Of course that you can go out and celebrate when you mark up some profits and you are NOT TRADING anymore, but until then cold af. 
even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason
1) practice and experience
2) with fear of losing or missing profits we just f*** our trades
3) patients
4) or what other reasons could be?
?? please comment
1) practice and experience
2) with fear of losing or missing profits we just f*** our trades
3) patients
4) or what other reasons could be?
?? please comment I think it is because the strategy that you have. Trading is like a trial and error game which may also result in losses at times but it would be a helpful way for us to gain better in trading. We can't do trading perfectly and it's never-ending learning and practice to just strive better.
One can lack experience in trading as still manage to be successful,you do not have to be a established expert to trade successfuly,all you need is a laid down plan,strategy and trading technique,once you've gotten all this in place effectively,you can manage to trade successfuly lest you're not greedy as greed is one big barricade to trading success.
even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason
1) practice and experience
2) with fear of losing or missing profits we just f*** our trades
3) patients
4) or what other reasons could be??? please comment
1) practice and experience
2) with fear of losing or missing profits we just f*** our trades
3) patients
4) or what other reasons could be?
?? please comment If you do all that things and still not profit from trading then i see one thing you lack and thats establishing your trading strategy. Trading is not about that three things because even you read books and knows how to trade, if you dont work smart, you will not earn anything.
It is just simple. You newcomers are the lambs. The experienced traders and veterans are the wolves that are just waiting for your money to be transferred to them. Always remember that in trading, that whenever there is a guy who is winning and profiting, many of people are losing
If this is your own thought, then you hit the nail on the head with it
I have to add that it is not just about newcomers only and not all newcomers are that lamb as some of them are these wolves in person. With stock markets failing, we should see more of them getting interested in cryptocurrency trading, especially if it is mostly free money for them. And not all "long-standing" bitcoiners are experienced and seasoned traders as many of these people are hapless bagholders with Bitcoin and other cryptocurrencies
In trading always there are people make profit and others people loss money. And to be apart trader that make money we should be avoid greedy and follow the rules of trading and money management. Greedy is biggest enemy in trading so never do it.
It is just simple. You newcomers are the lambs. The experienced traders and veterans are the wolves that are just waiting for your money to be transferred to them. Always remember that in trading, that whenever there is a guy who is winning and profiting, many of people are losing.
You can't say all of trader are very successful in trading Because you don't know how it goes. Well for sure get more study about trading and more experience you have the more point how strategy you will get.
Experience is a big part of the problem. Bitcoin is way different than any other trading out there. I agree that they look similar and what not but Forex is still different crypto trading. So we are talking about a brand new trading that not many people have experience on and wonder why we are not doing well.
Honestly, they are quite similar. Back in 2013 or early 2014, there was still some semblance of the untainted, emotional Bitcoin market of yore. Ever since then, it was taken over by bots and algorithms. It was infiltrated by institutional traders. At this point, it trades just like crude oil, gold, and some of the heavily commodity-driven forex pairs
I can't quite agree with this
I don't know what you mean by commodity-driven Forex pairs as I never traded these and I'm not even sure whether you can actually trade commodities at Forex (after all, Forex is about currency exchange, not commodities). But if we take oil and gold, i.e. something which I'm quite familiar with, it feels different. I'm speaking about commodity futures (as well as options, to a degree), and they are a completely different beast (in what concerns trading experience as well). Unlike crypto, with these assets you have to keep a close eye on things like expiry, rollover, differences with spot prices, and a lot of other things which affect your approach to trading
even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason
1) practice and experience
2) with fear of losing or missing profits we just f*** our trades
3) patients
4) or what other reasons could be??? please comment
In my own words I will say you have to practice before you did be perfect, just like it's written (practice makes perfect) when I started trading like a newbies I made up my own time to practice with a demo account and I got the whole idea first before I took in trading live. Even at trading live I put in some little funds still on practice I never put in all my Capitals yet I was definitely still learning more using the live trading. Secondly you have to put away fear when doing something for the first time dear alone can destroy your interest in making it right. Thirdly you need have patience this part is the number one key to trading. 1) practice and experience
2) with fear of losing or missing profits we just f*** our trades
3) patients
4) or what other reasons could be?
?? please comment even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason
1) practice and experience
2) with fear of losing or missing profits we just f*** our trades
3) patients
4) or what other reasons could be??? please comment
Everything and as a trader you should notice that early so you can improve it right away and make a good adjustment. If you think you have a weak emotion then better to learn to be more patience and trade without emotion. There’s still time for you to grow, do it now. 1) practice and experience
2) with fear of losing or missing profits we just f*** our trades
3) patients
4) or what other reasons could be?
?? please comment 
even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason
1) practice and experience
2) with fear of losing or missing profits we just f*** our trades
3) patients
4) or what other reasons could be??? please comment
Don't forget, if you know and can mention your mistake. Actually you must learn from that. Succesfull traders must already feel that thing at first they do trading activity. And what make them success is they learn from their mistake. 1) practice and experience
2) with fear of losing or missing profits we just f*** our trades
3) patients
4) or what other reasons could be?
?? please comment Experience is a big part of the problem. Bitcoin is way different than any other trading out there. I agree that they look similar and what not but Forex is still different crypto trading. So we are talking about a brand new trading that not many people have experience on and wonder why we are not doing well.
Honestly, they are quite similar. Back in 2013 or early 2014, there was still some semblance of the untainted, emotional Bitcoin market of yore. Ever since then, it was taken over by bots and algorithms. It was infiltrated by institutional traders. At this point, it trades just like crude oil, gold, and some of the heavily commodity-driven forex pairs.
The problem of losing traders is the same as it ever was. They're emotional, they practice bad risk management, and they haven't developed a profitable strategy.
The last time I make losses was in the year 2016 which was the year I started the crypto business and realizing and learning from one's mistake is definitely the best thing because if one's dont realize his mistake and do the correction such person will continue to make the exact mistake.
What I will advice all crypto traders that make losses in this current market to sort out where things really go wrong for them and make an amendment while you also learn more about how to trade profitable in crypto sphere.
What I will advice all crypto traders that make losses in this current market to sort out where things really go wrong for them and make an amendment while you also learn more about how to trade profitable in crypto sphere.
even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason
1) practice and experience
2) with fear of losing or missing profits we just f*** our trades
3) patients
4) or what other reasons could be??? please comment
1) practice and experience
2) with fear of losing or missing profits we just f*** our trades
3) patients
4) or what other reasons could be?
?? please comment Emotion-driven trading is what makes you into a pig
As you might already know, there are bears and there are bulls in any market. All of them make money in the end. But pigs are neither here nor there and they get slaughtered. The major difference between them and those who actually earn something is that their actions become chaotic if things don't go their way (which happens all the time) which leads to a lot of stupid mistakes which in turn causes massive losses
even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason
1) practice and experience
2) with fear of losing or missing profits we just f*** our trades
3) patients
4) or what other reasons could be??? please comment
1) practice and experience
2) with fear of losing or missing profits we just f*** our trades
3) patients
4) or what other reasons could be?
?? please comment Many people loss with trading and few of them get success, don't count but learn from them. I believe everyone already knows what really happen with them, but how they can fix the mistakes is really important. This is the only way get success, stop learn new things ( mindset, method, etc ) but fix the old thing ( you ).
The basic reasons surrounding why some traders are not successful in their investments and trading are due to the fact that they refuse to understand and know the basic principles need to first start a cryptocurrency investment. Investing in cryptocurrency is not similar to any other investment, you need to understand the basic risks and also need to understand how volatile the market is. Some of these traders are too greedy that they invest all their income without thinking over before investing.
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