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Topic: why many traders(including me) not getting success - page 3. (Read 2228 times)

hero member
Activity: 1148
Merit: 504
Perhaps I will say the obvious things, but the main enemies of the trader are fear and greed. For these reasons, it is sometimes difficult to achieve success in trade. So do not be afraid and do not be greedy))
Well, fear and greed are always factors that affect success in trading and there is no way for us to stop these two factors, we can only get used to it and limit these emotions to the lowest level, completely eliminating is not possible when this is part of us. Except for these factors, market knowledge and luck in trading are also important, and traders need to consider what they have achieved and what they are missing in these factors, improve and they will soon get success in trading, improving other factors is a simple thing, the lucky factor is that something is nearly impossible to improve
Yeah it's human nature, we can't erase that emotion, because it's part of you. all you have to do is get used to it and minimize that trait. if you rely too much on fear and greed of course that is the main factor in your failure at gambling. You have to deal with it first, if you want to succeed in trading
legendary
Activity: 1414
Merit: 1001
They are just quitters. Not everytime you are going to  taste success in the first you do it or in the second time or so. It could take years to happen just like trading. But your decision must be analyzed and calculated because there is another factor that can ruin your winning trades is you when you don't do the  research part.

Some people are just afraid and anxious to take the next step. no one wants to lose what they have done. So we just need to develop and learn to take good things from all of this.
Exactly, that lack of courage is the thing that becomes a barrier for a trader to be successful. Although it's risky, but when we don't dare to make a decision, a trader won't get anything. This is a thing that a trader must be able to do well. when they have good knowledge and experience, then a trader must have the courage to make decisions !!
sr. member
Activity: 980
Merit: 261
A trader must have a high willingness and they must also have good enthusiasm so that a trader can learn new things at any time. most traders fail, they are because they have a sense of despair when they don't get a profit, even though a trader should dare to try and keep trying so that they have the ability and experience to be able to make far better decisions in the future. think about that a successful trader is he who has high fighting power to change his life to be much better.
  This is wrong thinking of the traders they can get profit at very first time because in every business it takes time to be fully polish or to become profitable so if you or any other trader is not satisfy with the movement of the price in market they should have patience and hold until trading gives them profit, so holding my suggestion for you.

that is why when a beginner wants to trade they say that they need to have a practice amount when doing trade before going to reality of trading because they might lose their beginning capital due to lack of knowledge in trading.
full member
Activity: 476
Merit: 100
They are just quitters. Not everytime you are going to  taste success in the first you do it or in the second time or so. It could take years to happen just like trading. But your decision must be analyzed and calculated because there is another factor that can ruin your winning trades is you when you don't do the  research part.
sr. member
Activity: 994
Merit: 252
A trader must have a high willingness and they must also have good enthusiasm so that a trader can learn new things at any time. most traders fail, they are because they have a sense of despair when they don't get a profit, even though a trader should dare to try and keep trying so that they have the ability and experience to be able to make far better decisions in the future. think about that a successful trader is he who has high fighting power to change his life to be much better.
  This is wrong thinking of the traders they can get profit at very first time because in every business it takes time to be fully polish or to become profitable so if you or any other trader is not satisfy with the movement of the price in market they should have patience and hold until trading gives them profit, so holding my suggestion for you.
legendary
Activity: 1596
Merit: 1011
A trader must have a high willingness and they must also have good enthusiasm so that a trader can learn new things at any time. most traders fail, they are because they have a sense of despair when they don't get a profit, even though a trader should dare to try and keep trying so that they have the ability and experience to be able to make far better decisions in the future. think about that a successful trader is he who has high fighting power to change his life to be much better.
hero member
Activity: 1526
Merit: 501
DGbet.fun - Crypto Sportsbook
Perhaps I will say the obvious things, but the main enemies of the trader are fear and greed. For these reasons, it is sometimes difficult to achieve success in trade. So do not be afraid and do not be greedy))
Well, fear and greed are always factors that affect success in trading and there is no way for us to stop these two factors, we can only get used to it and limit these emotions to the lowest level, completely eliminating is not possible when this is part of us. Except for these factors, market knowledge and luck in trading are also important, and traders need to consider what they have achieved and what they are missing in these factors, improve and they will soon get success in trading, improving other factors is a simple thing, the lucky factor is that something is nearly impossible to improve
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
By watching video you learn the theory of trading but in order to be good at it you must first make your hand dirty. Put small capital first to learn trading and when you're confidence enough then you may add your capital a little bit more.
Right,when we learn about the crypto trading throritically it will feels like so simple but in the real life it will be one of the hard decision to make whether to sell or hold the funds.No one can be a perfect trader even afte 1000 successful trades only he can minimize loss and find ways to make more profits than other traders.
legendary
Activity: 1147
Merit: 1007
there are no traders who succeed instantaneously, all traders must have suffered losses, besides a number of reasons explained above, we need to make our own decisions without having to be tempted by issues or speculation, and also I think we need a luck factor too
Even learned traders experience loses, trading not only depends into one person or one project, it involves community and groups of people who have different strategies and thinking in those many existing coin that are listed. Keep on trying out of many coins there might be atleast one that will give us success.
member
Activity: 361
Merit: 17
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?Huh?? please comment  
For me, the number 1 reason why we don't get success in trading is because of lack of education and knowledge about it. We must learn the basic first before entering trading, sometimes practice is not enough if you don't have enough knowledge and education about it. We must understand the financial market and knows the right time to buy and sell.
To say frankly, we all failures have common mistakes on our own way of trading. Personally, my mistakes are untold story and really it's not easy to say specifically all my mistakes because it counts a vast number in my work. I think the lack of knowledge is one of the key reason leads us to commit mistakes. Most of us are kind of hurried to enter this tough market with just a little knowledge foremost, but while we're on work, we learn a little bit of everything in terms of crypto. Besides, we don't have a good preparation which makes us be not able to control some stuff like bad emotion, fear and so on.
member
Activity: 493
Merit: 28
By watching video you learn the theory of trading but in order to be good at it you must first make your hand dirty. Put small capital first to learn trading and when you're confidence enough then you may add your capital a little bit more.
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
In my opinion, we have been lacking patience, that's why many traders have been constantly losing. I don't understand why trading wouldn't be profitable if we go for long term holding.
I think trading is a very tough thing to make money at. You need to be experienced and you need to know things about the market. You need to know the project on the back of the coins you are trying to trade. Pretty hard work so majority of the traders often feel quite bad about it but tbh, it is one tough job. You need to have a consistent mindset to be successful at trading in addition to the aforementioned factors.
full member
Activity: 715
Merit: 101
there are no traders who succeed instantaneously, all traders must have suffered losses, besides a number of reasons explained above, we need to make our own decisions without having to be tempted by issues or speculation, and also I think we need a luck factor too
legendary
Activity: 3808
Merit: 1723
Most traders that I know personally and the reasons why they can't make any money is as follows,

1) Lack of capital. They basically only got like $1-2K to trade with. So they buy a stock, it doesn't move after a few hours/days and they sell the stock at almost break-even price and move on to the next stock. And its the same story. They are impatient due to a lack of capital. Because with $1K even if you go full margin with stocks which is like $3K, you don't get to buy much. Apple stock itself is over $200 which is like 15 shares. Hence they want to see their money making money, and they are impatient and move on to the next stock. They lose money due to spread and commissions.

2) Taking profit too early - Taking losses too late. This is probably the main reason why most traders don't make any money trading and end up with huge losses. They buy some crypto or stock, and immediately it goes up 5% and they sell, They are happy. Then they buy some other crypto and it goes against them, they don't want to get stop-hunted so they don't use stops and end up basically losing 25-50% on that position due to their greed. So with a bad risk reward like 5% to 50% you can see why they fail to make any money.
hero member
Activity: 1190
Merit: 541
Most of you are fond of putting all your hopes on Bitcoin trading and you never consider other options there is. Crypto trading is not the only way you can make money. Since there market is in bear, a lot of traders are going to find it difficult in doing a short term trade. So it’s best to go for a long term trade and have patience, then you can go for other things that can be making you money till crypto market gets back to normal.

Lot of traders starting to trade even they don't have enough experience to start from it. So its better to explore about trading and learn lessons before starting to make money from it.
Yes, there are people who don’t have any experience but they just want to trade and make money, but it doesn’t work and they are always losing money. Trading is not meant for everyone, there are other ways too. If you are still insisting you’re going to be a trader then you should take your time and learn it, instead of trying to trade when you don’t know from A to Z.
Fear comes due the amount of money we invest and the risk about losing it. So it is always good to invest a certain amount of money which can be affordably lost. This will remove fear from your mind and also you will not worry about the loss but instead will run behind profit only. There are hard times in trading which really makes a individual much sensitive but you should learn to face such times.

Once you earn all such abilities, you will be one of the pro-trader. Time might be near if you start working hard now onwards and try improving your mistakes which made you have loss and try running behind your success rate.
sr. member
Activity: 854
Merit: 250
In my opinion, we have been lacking patience, that's why many traders have been constantly losing. I don't understand why trading wouldn't be profitable if we go for long term holding.
lack of patience and lack of courage, if we are patient but not brave in making a decision it will be a loss in my opinion. a trader must be brave when to sell it and when to keep holding it because this is important.
hero member
Activity: 1008
Merit: 501
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?Huh?? please comment   
There are a lot of reasons behind why you might not have any profits until now. Patience is the main key over here so if you are not patient, then you might probably not have any good profits into trading. There are times when we need to be much patience as the graph might seem much tricky but you have to be strong and HODL in such situations which can make you have at least some profits by avoiding panic selling at lower price.

Secondly, choose a perfect coin which can give you passive income so you would earn good profits there. Throughout your fear and make yourself feel much strong to face any problems and once you pass your bad days, good days will start for you.
sr. member
Activity: 2114
Merit: 268
Leading Crypto Sports Betting & Casino Platform
Perhaps I will say the obvious things, but the main enemies of the trader are fear and greed. For these reasons, it is sometimes difficult to achieve success in trade. So do not be afraid and do not be greedy))
Greed is main problem for me now. I mean when a coin get pumped, i usually wait for a bit higher but then it is not like from what i expected. That is why actually i confused it is my greed or i wrong to put sell order.
newbie
Activity: 1
Merit: 0
There are myriad  reasons & Mistake that we do
Personal when I started trading crypto I had no idea how the price goes up & down, made huge losses then I decided to learn TA. you know what stupidity I do. I was doing analysis for the speculation for the next week price on the basis 30 min bittrex default chart  Grin  & I realized my mistake after losing 10k $
However, Every new trader made these type of silly mistakes

Here am sharing my personal experience that i learned after a long time



Technical is not everything

Physcological Discipline is important

money Management

Dnt Go against the trend

Don't sell at the bottom

Don't FOMO There are more 2000 coin listed for trading

Always Book Profit On time

if you are not confident then trade on big frames only

Take it as a business dnt thought to be a quick rich overnight

Always Happy with Your Gains

Don't Average In Downtrend , Just Quit

Don't Depend on Order Books

Figure out the trend Reversal

Don't Trade in Doubt

Don't Watch the Prices whole day once you are done with your anlysis

Trade when you are mentally relaxed ( you can take a better decision

Here i have Shared Some More tips & Tricks About Trading  : https://www.howearning.com/
hero member
Activity: 952
Merit: 500
Perhaps I will say the obvious things, but the main enemies of the trader are fear and greed. For these reasons, it is sometimes difficult to achieve success in trade. So do not be afraid and do not be greedy))
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