why many traders(including me) not getting success - page 5.

Malsetid

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Quote from: Caladonian on March 25, 2019, 03:00:02 AM

Quote from: nasipadang on March 24, 2019, 10:42:38 PM

Quote from: happy man on January 31, 2019, 06:55:53 PM

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.

Caladonian

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Quote from: nasipadang on March 24, 2019, 10:42:38 PM

Quote from: happy man on January 31, 2019, 06:55:53 PM

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.

Ayiranorea

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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.

kakonhat

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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.

nasipadang

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Quote from: happy man on January 31, 2019, 06:55:53 PM

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.

BigTeeths

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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.

Faxmate

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Quote from: BeGoods on March 23, 2019, 11:19:55 PM

Quote from: cyramji on February 21, 2019, 12:57:13 PM

Quote from: happy man on January 31, 2019, 06:55:53 PM

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.

qiwoman2

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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.

Question123

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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.

BeGoods

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Quote from: cyramji on February 21, 2019, 12:57:13 PM

Quote from: happy man on January 31, 2019, 06:55:53 PM

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..

wayaneka

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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.

Suslura

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Quote from: cryptoblue77 on March 20, 2019, 11:29:35 AM

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.

cryptoblue77

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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.

fullhdpixel

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Quote from: steveabrahams on March 15, 2019, 02:58:28 AM

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.

davinchi

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Quote from: BUK2016 on March 15, 2019, 04:03:09 AM

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.

michael23

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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.

iv4n

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Quote from: peter0425 on March 16, 2019, 11:55:28 AM

Quote from: Distinctin on March 16, 2019, 11:04:52 AM

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.

peter0425

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Quote from: Distinctin on March 16, 2019, 11:04:52 AM

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.

Distinctin

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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.

ethereumhunter

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Quote from: steveabrahams on March 15, 2019, 02:58:28 AM

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.

Topic: why many traders(including me) not getting success - page 5. (Read 2206 times)