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Topic: why many traders(including me) not getting success - page 6. (Read 2206 times)

sr. member
Activity: 686
Merit: 264
"STAY IN THE DARK"
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).
If other traders were doing mistake means you can make benefits from it,because trading profits comes from the losses of some other trader.So you need to make the right decisions while others were doing it wrong.Trading is an emotion game of all traders so you need to understand what will be the outcome activity of the current status on the crypto market to be successful.
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   
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.
I began to realize that even professional traders can lose, because market conditions are sometimes unpredictable, we cant intervene the market, so don't always blame yourself if you lose. but some other reasons such as emotional feeling can also occur in experienced traders. my tips are always control and always learning
hero member
Activity: 714
Merit: 500
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).
I think you are easily influenced by other people even with people you don't know at all, you should not be easy to trust other people so that your assets will still be safe because in the trading world you must remain confident and not easily be affected by people you don't know.
full member
Activity: 770
Merit: 126
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   
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.
sr. member
Activity: 1050
Merit: 254
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).
full member
Activity: 868
Merit: 100
Proof-of-Stake Blockchain Network
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.
jr. member
Activity: 72
Merit: 6
Cryptoji.net | Translation services
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)
sr. member
Activity: 1512
Merit: 316
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.

If people just trade because somebody else made money that is wrong because they do not know how much they would have lost or how much experience they have and what skills help them to trade successfully which not eventually one can do it .
legendary
Activity: 1708
Merit: 1006
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   
You want us to tell you whats wrong with your trades? How about posting your trades here, the ones that you suffered heavy losses so we can diagnose what happened. Don't worry if you suffer losses, it's not only you who commit mistakes, there's a lot of them out there and they just don't to talk about it and they just want to move on to another trade. Learn from your mistakes.
full member
Activity: 630
Merit: 172
Everyone can't just make profits, in order for someone to win in trading someone has to lose.  So just remember when you make money you are actively taking money from others.
full member
Activity: 460
Merit: 100
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 you're not yet fully understand how the cryptomarket goes by, even though you already did reading and saw videos on how to trade. Or either you have to take more experience in trading in order to find out all by yourself on how to get profitable on it.
member
Activity: 658
Merit: 10
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 we have chosen the wrong time to invest or have a poor observation. These are the two main factors leading to the failure of investment.
Our crypto market has a unique way of working and often has dumps and bumps quite often. We should take advantage of it to surf and earn money everyday.
hero member
Activity: 1302
Merit: 503
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   

In the first place dude, how would you define success here in this industry?
The only why they never succeed, it is because they are no. 1 was they are lack of knowledge, then
2nd was they are very impatience which is resulting  always into loss of their coins most of the time.
- Well, lack of knowledge and lack of skills is really the first reason that leads us to failure but many new people never realize it, they always feel their skills and knowledge are enough but in fact, everything they have is only a very small part of a wide field. And the next reason is exactly as you say, many people have very good knowledge and skills but they face a lot of psychological problems, they cannot control emotions during critical moments, which makes them fail in trading, and one reason I think few people think, is luck, many people possess the quality of a successful trader, but a serious lack of luck makes them very unstable in trading
hero member
Activity: 1120
Merit: 553
Filipino Translator 🇵🇭
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   
Being incosistent. As a trader, we should be consistent on what we are doing. If we tend to be inconsistent, opportunities may have gone as it may only knocks once. Being consistent in learning, reading/watching news, and etc. is a good practice of getting sucessful in their trades.
member
Activity: 630
Merit: 20
It is not always a win-win situation in trading. We tend to fail because our emotions are always getting in our way. Do not give up. Just continue learning about indicators, try to understand the order book and be aware of any fuds and news. It may somehow affect the trading.
member
Activity: 476
Merit: 10
Because we are thinking the price will keep going up in bull market and we dont know where is the bottomed when bear market , and we dont use any stop loss and trailling stop.  We should be also trade in margin trading to short the price so we can also make profit in bearish  trend.  We have to remember crypto has very high volatility  so we should be use stop loss for each trade.
member
Activity: 616
Merit: 16
it is all about time and dedication. no knowlegde is a waste. you might need to go back to books and learn more. you might engage yourself with more trading books than what you have precisouly. i bet you, you will start making progress gradually. ut takes time but it worth the process.
sr. member
Activity: 868
Merit: 289
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   

In the first place dude, how would you define success here in this industry?
The only why they never succeed, it is because they are no. 1 was they are lack of knowledge, then
2nd was they are very impatience which is resulting  always into loss of their coins most of the time.
hero member
Activity: 1148
Merit: 528
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.
This is not your mistake. So many people are there who have been going through a tough time in trading. Actually the market is down and this is probably the time to hodl rather than trying to trade. But, this is one of the most promising businesses in the future and if you are not successful now bear in mind that you would be one in future as the digital economy is growing robustly.
member
Activity: 220
Merit: 10
https://streamies.io/
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   
Actually, there's a lot of reason why traders lose but as of my self the problem for me is fear of losing. I am afraid to take the risk even though I know that risk is the only way to earn big profit. Besides, patient is also the problem I want to take care of because I'm bad of it however, I can now manage it somehow.
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