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Topic: why many traders(including me) not getting success - page 5. (Read 2228 times)

hero member
Activity: 924
Merit: 502
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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   
Maybe trading is not your passion or expertise, in trading, in my opinion profit is not the main factor to make you successful, even though profits are often a benchmark and I think there is a separate side to profit. You say you have read a lot of books and looked at the video and do you really understand the information and lessons that were delivered.
Exactly, if it's not your passions though you read a lots of informations and watch different strategy it's still tough for you to practice those and succeed, trading is not for everyone we should accept the facts that there's skills people who can take advantage and find their edge to survive and compete with
others, if you can't adjust and you are still not getting anything better to assess yourself, maybe its time to move on and change your activities.


Even if it's not your passion, you can still be an efficient trader and have successful trades most if the time. I don't think most successful traders actually are that passionate about what they're doing. They're likely detached from all that. Reading and watching trading related things are good but experience is always the best way to excel. Trading is about taking risks and experience teaches you a lot about risk management.
hero member
Activity: 1302
Merit: 540
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   
Maybe trading is not your passion or expertise, in trading, in my opinion profit is not the main factor to make you successful, even though profits are often a benchmark and I think there is a separate side to profit. You say you have read a lot of books and looked at the video and do you really understand the information and lessons that were delivered.
Exactly, if it's not your passions though you read a lots of informations and watch different strategy it's still tough for you to practice those and succeed, trading is not for everyone we should accept the facts that there's skills people who can take advantage and find their edge to survive and compete with
others, if you can't adjust and you are still not getting anything better to assess yourself, maybe its time to move on and change your activities.
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
Success won't knock your doors, it is us who need to go behind the same. It might be quite hard to learn some basics as well invest small funds and experiment the same. Traders without any knowledge just invest and expect profit, which isn't possible other than few lucky ones. Next category traders buy and then expect big profit in short. To get a regular earning it is good to go along with the market, if not long term holding is a must.
member
Activity: 1106
Merit: 11
Crypto in my Blood
Everyone doesn't afford to travel in the first class there are very few peoples to afford it. There is need ability (money) to afford the first class. Just think like that, in the trading platform looks like same except one thing there needs money here needs proper knowledge.
sr. member
Activity: 1274
Merit: 252
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   
Maybe trading is not your passion or expertise, in trading, in my opinion profit is not the main factor to make you successful, even though profits are often a benchmark and I think there is a separate side to profit. You say you have read a lot of books and looked at the video and do you really understand the information and lessons that were delivered.
full member
Activity: 504
Merit: 100
Because in trading, there are more losers than winners. Most of them are newbies that very reckless in buying their coins and only believe to a random guy that had convincing statements or rather tweets with supported technical analysis or some proof of his previous profits. And we know there are like 60%-80% of new traders do that for a few years before they really learn.
sr. member
Activity: 1071
Merit: 253
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   
I think that the reason is lack of patience and belief, when you learn how to analyse a project and get the decision to invest , you should always get the emotions out and keep tracking every single progress, and always dont fall love in projects (invest only what you can afford to lose)
Lack of patient can also be the cause. but I think there are many other reasons that make someone lose in trading. because failure in trade can be caused by various things, emotional feeling is also sometimes experienced by many traders. You have to know which one is lacking and fix it dude..
According to me lose and profit is all in our own hands, if we will be wise while investing and while selling I am sure there will be no lose but only profit, mostly lack of knowledge and lack of patience makes market down, which causes lose for all traders, being emotional is not good act so avoid it as much as you can.
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
I think too many people in crypto anticipate high returns and are in it for the fast money, so if a coin or token they trade doesn't pump to their liking and within the time frame they want it to pump, then they just dump and sell at a loss. Or they go into some pump groups and signal groups on the telegram, follow those so-called VIP signals and then by the time they buy the coin or token, the VIPS are dumping on their bags. To be a good trader, you need to pick some good picks that if you are left holding a bag for a while, at least you know it's a solid project so the bag doesn't feel so heavy. You need to trade with a cool head or you will lose.
sr. member
Activity: 1624
Merit: 267
Successful in trading is in your hand. If you want to be success and not failed you need to have the characteristics of the successful traders. Patient is number one,  don't panic, don't fear when the price is down because if that potential what ever happen to it they probably recover again, you must do a research on the action or to your decision that you are buying and selling the coins.
legendary
Activity: 1372
Merit: 1008
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   
I think that the reason is lack of patience and belief, when you learn how to analyse a project and get the decision to invest , you should always get the emotions out and keep tracking every single progress, and always dont fall love in projects (invest only what you can afford to lose)
Lack of patient can also be the cause. but I think there are many other reasons that make someone lose in trading. because failure in trade can be caused by various things, emotional feeling is also sometimes experienced by many traders. You have to know which one is lacking and fix it dude..
full member
Activity: 644
Merit: 101
In bull market is easy to make profit, just buy 10 top ranking coins and we will make some profit but greedy and FOMO make us loss money again. So we should be always control this natural emotion. Never be greedy and use risk management is key to make good profit. Knowledge about technical analysis is just second thing in trading. There are only 2 trend in crypto market, that is bullish and bearish and we should be only enter to this market when bullish trend and exit from it if any sign the trend change to bearish.
member
Activity: 599
Merit: 10
It has been difficult to gain profits in the bearish market situation, most people have been losing except a few. Some experienced traders have been making profits in this difficult market situation.
I think that today everyone has lost their profitable interest from the cryptocurrency market. If you take into account the daily trade, then you need to have a very large and serious experience in this field of activity. But if we are talking about long-term storage, then the profit is obtained only by the person who names and other sources of income and will not sell their assets at current prices.
member
Activity: 472
Merit: 10
It has been difficult to gain profits in the bearish market situation, most people have been losing except a few. Some experienced traders have been making profits in this difficult market situation.
hero member
Activity: 2828
Merit: 611
There are also many unsuccessful trader out there including me lol. I think it's because of many new traders or beginner trader blindly buy and sell without thinking or because of some people talk shit like "buy this coin, it will pump and bla bla bla" in chat room (on the exchange).
The main problem I see is this, majority of failed traders hears that they make money in trading, and then, they go on Google to search what trading is, look up to YouTube to get some tutorials and then enter trade with the confidence that they have learnt enough or bold enough to trade, after entering the trade, they are faced with life reality of trading and then fail because they have no strategy.

When you rush into something, it’s obvious you will rush out; this is the case of many unprofessional crypto traders.
legendary
Activity: 2100
Merit: 1058
It is very difficult for one to become successful in trading crypto currency if you a good knowledge and experience if what trading in all about. It is always advisable to have a good knowledge of technical analysis particularly with the use of candle stick in my opinion as that work for me and that of fundermental analysis since it usually affects technical decision.
Many of them have good knowledge of it actually before getting into trading but what destroys them is purely Greed.
Greed is what makes them blind to when to leave the market, out of greed many of them invest with little money, and want to perform the magic of multiplying it immediately without compounding, how on earth will a trader invest with $100 and expect to make $2500 in return immediately, because there is a magic trading tool called margin trading or leveraging. Ask many failed traders, they will tell you how much they leverage with expecting the market to be so volatile for them to turn small capital into immediate fortune.
full member
Activity: 560
Merit: 100
The main reason is haste. I think so. After all, we all want to quickly get good money and often neglect careful study. But this is a mistake. After all, it is better to study everything and anticipate all possible adverse outcomes of events than to learn from your mistakes and lose money. Do not forget that only the patient people will be able to achieve their goal.
legendary
Activity: 3332
Merit: 1191
That's because this is not the right place for you mate, same with the others.
It is really hard to be a traders especially when we are not being passionate with that and if we don't put some extra effort. If we don't know how to adjust the market situation definitely it will  bring us down and taking away our hopes.
And it's a journey for most of us. It's like not we gonna learn everything overnight. It will take lot of our time and patience and extra effort as you have said. So if you're not successful then don't give up, I'm sure at one point in time, you can achieved your goals here, others may get it like in short amount of time, but majority of us, sometimes we need to push ourselves to gain that needed experienced.

I will agree that its a journey, you start from scratch and you learn it from there. It`s new for everyone, except maybe forex brokers, and people who traded with stocks, everyone else had first touch with trading with crypto. Crypto opened a door for masses, you need to have computer, internet (what most people already have) some money (you can earn it online, slower but you can) and you are ready to go. I think that people should wrote on paper what they do, or to run some program that track trades (if they are ready for that). Only with tracking your tradings you can succeed in long term.
sr. member
Activity: 2618
Merit: 439
That's because this is not the right place for you mate, same with the others.
It is really hard to be a traders especially when we are not being passionate with that and if we don't put some extra effort. If we don't know how to adjust the market situation definitely it will  bring us down and taking away our hopes.
And it's a journey for most of us. It's like not we gonna learn everything overnight. It will take lot of our time and patience and extra effort as you have said. So if you're not successful then don't give up, I'm sure at one point in time, you can achieved your goals here, others may get it like in short amount of time, but majority of us, sometimes we need to push ourselves to gain that needed experienced.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
That's because this is not the right place for you mate, same with the others.
It is really hard to be a traders especially when we are not being passionate with that and if we don't put some extra effort. If we don't know how to adjust the market situation definitely it will  bring us down and taking away our hopes.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
There are also many unsuccessful trader out there including me lol. I think it's because of many new traders or beginner trader blindly buy and sell without thinking or because of some people talk shit like "buy this coin, it will pump and bla bla bla" in chat room (on the exchange).

That will be our mistake to listen to other people says because we are not analyzing those coins. We are too greedy to expecting the pump from them which we don't know if that is true or not. Besides that, we still learning about trading and we make so many mistakes in analyzing the chart so we cannot get success. But I believe that if we don't stop learning, we will be able to get success in the future and it's only a matter of time before we can get there.
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