Topic: Why people mostly fail in trading - page 3. (Read 2056 times)

Discipline and practice are very important in trading, everything you know about trading you should check yourself to understand how well you can apply it, what will work for you and what will not. And another very funny moment, when you manage to trade with small amounts, it may not work with larger amounts, because emotions (or experiences) will also turn on, which will prevent you from thinking calmly, you also need to get used to this.

Actually, all traders must come with the intention and goal of making money, everyone wants to be rich and indeed there are also traders who are now successful and have succeeded in achieving wealth through this activity, but often beginners come with the wrong mindset as you said, namely coming with the idea that trading is a get-rich-quick scheme where the impact of this mindset certainly makes them do everything in a hurry because they want to immediately achieve wealth like successful traders. Usually they don't learn gradually and when they first jump in they immediately use real money but without being based on any knowledge and science regarding what should and shouldn't be done in every situation, this is why many people suggest that it is better to have an experienced mentor because that way you will be guided slowly along with being told what steps to take gradually, the biggest mistake of beginner traders who ultimately fail in my opinion is because they have the wrong point of view.

First, you shouldnt be bumping up an old thread that been long time inactive or the last post had been made. It is really that against the rules of this forum about necroposting and this is why you should really be careful on doing so.

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Going back into the topic about failing up with trading then this is really normal because trading skills isnt something that you can be able to obtain in a short period of time and acquiring up such skills isnt something that you can be able to have a good grasps of it. The key on here is on how you would really be taking up such step for you to have that kind of sustainable trading because not all will really be having that kind of approach towards it. The money that they do fail then some people do really completely stop instead on trying out to study and learn with those things and find out on what happened.

Experience will really be your best teacher when it comes to this manner and it will really be that depending into someone on how they will really be trying out to adjust accordingly on the time that they do experience loses. You wont be able to call yourself as a trader if you will really be that not be that versatile when it comes to various conditions because market is volatile and unpredictable and its normal that those movements will really be mainly experienced out.

The Reason why some people failed in trading is because they jumped into trading without acquiring any knowledge on it, their only aim is to become rich, forgetting the things that they need to do or know about it, which lead to making wrong decisions, they are just willing to make profits. And trading does not work that way, you need to aquire knowledge and understand the rules that guide trading, so that you should be able to manage the risks. trading need patient, dedication, selflessness and Contentment. Fear and greediness are also among the reasons why some people failed in trading.

I think, looking at the chart movement of a coin when trading is one way to trade. However, there are many ways that are also recommended before trading, such as looking for information that can make a coin rise high.
However, aside from a lack of knowledge, many people fail in trading because they rush, or simply follow the hype. Some people are too hasty in making decisions to prevent losses that they could incur, while for others, they just follow the hype. When a coin is widely discussed, they buy without knowing the complete information.

One thing that makes the market very difficult to trade is the inability to predict future prices. Traders want to make a profit as soon as they enter the market, so they fail more often. The truth is the market can be a complex one and requires a lot of time and patience. Most traders who are successful do their technical analysis thoroughly and base all their trades on data and logic.

Do you know why many people who ventured into threading Fail to succeed in Trading it is because of they have not know the rudiments  of trading before they venture into trading, I know very well that threading have to do with something that is reasonable and they have to make sure that you understand the protocols and the risk that is involved before your venture into it else they will continue to fail to succeed in Trading that is why many people continue to have issue because they have not understand the term and the condition of trading before the establish and trading

I agree, trading is a way to make quick profits and that is why many people flock to it because they think it is easy to make quick money through trading. But I don't support the idea that beginners should start trading as soon as possible, I think it's better for beginners to hold.

In addition, having complete knowledge about trading will not guarantee that you will definitely make a profit, knowledge will help you have a higher winning rate but it does not guarantee it either.
Knowledge, experience, mindset... and a little luck when trading because the market is very volatile and unpredictable.

They are simply people who like to blame others and do not want to admit their stupidity and greed.

trading is essentially how to take advantage of the market by riding the wave while having no idea what kind of wave we are facing, this is trading from my understanding even though it seems abstract but many people fail to grasp the truth that trading is really difficult for beginner to be consistently making profit.
making profit sometime is definitely normal due to the luck but wait until the beginner luck dried out then we might find it difficult to make profit therefore giving up on it.

i guess that most of people that are successful in trading today are just getting the hang of it faster than most of people therefore making consistent profit.
the newbies that just too slow in having understanding of the market and also having no patience will usually give up because they are losing big time.
its at the end of the day just matter of resilience and also understanding how the market work, since undeniably trading cryptocurrency that is so volatile require mental strength as well.

Some people may think that trading is one of the things that can make money quickly, unfortunately trading is not like that. To trade, of course you need good understanding, as you said, one of them is concentration and commitment. because if you don't master this, perhaps all you will think about is profit, while trading also has the risk of loss, especially if we don't have a good understanding of trading.

Those who fail a lot in trading are probably those who only think about the profit side, so they don't think about the risk side, which is bound to happen if they don't have a good understanding. Trading certainly requires good concentration, but is that also included in research?

You need to make sure that you completely understand the risk before placing huge amount of invesment, just like what you mentioned if you put huge amount of money and the market turns against you, it will be tough to recover your losses, and most of the time when fear dominates inside you, the timing is bad, when you decide to pull out your investment the losses is really huge, you must understand that in order to make something decent, you need to know not just the basic but you should keep on improving yourself and when the time that you think you are really ready,

then you can start placing decent amount of investment just make sure that you are not holding that which you are not willing to let go, you need to have that big nerve to risk and if your analysis makes it right, expect to harvest the profits, but keep in mind that you should stop learning, keep that mindset alive so you will keep on aiming to learn to avoid failing from this business.

They say that trading is a scam because they failed to get profit and the reason behind their loss is that they consider trading as a quick rich mechanism but when they don't get profit at first chance then they assume trading as a scam technology. Actually they lost due to their misunderstanding but they are not ready to accept their fault.

The main reason that most of the people lose in trading is that they are not interested in learning about trading and the main thing is that if they lose in trading they don't work to find out their mistakes but keep going on with these mistakes which become hazardous in future for them.

The problem of most people in trading is that people go to make excessive profits very quickly, and when they train, people face losses. Most of all, if you want to test, you have to remember to gradually increase the amount of investment. Those who make all the investments in the beginning, there are many problems in recovery. Therefore, in training, the amount should be sent from the original amount to the investment.

Trading is the way to earn fast profits. But sometimes we need to take a long time to learn trading because it is quite complicated and it is not east to understand. As a beginner, it's possible to trade as soon as possible. However, it will only be useless if we don't have enough insight (knowledge) into trading because it will most likely end up in a failure. Maybe in one or two trades, we can make a profit but in the long term it is impossible to continue to be successful if we trade without sufficient knowledge. It will only be similar to gambling when we trade in a careless way.

I think the failure is caused mostly by the knowledge. People may already do hard efforts, but it will be useless if people do the efforts in a careless way. Knowledge is the key to be successful in trading. We can't rely on the luck in trading, it is not the same as gambling.

People who say 'trading scam' because they failed to be successful in trading. I guess those people who trade in careless way and don't understand well about trading. They become stressful because they lost funds. 

I think there are quite a lot of factors that cause why someone fails in trading, it could be because they have the wrong mindset such as thinking that trading is a quick way to become a rich man that makes them put high enthusiasm but with little effort in terms of learning various things that should be prepared when someone wants to get involved in the world of trading so that instead of making a profit but what happens they actually experience a lot of losses.

Another factor could also be because they are someone who is lazy to learn while trading has always been an activity that requires a trader to continue to learn various new things they find in the market. Another thing I would not include "lack of capital" as one of the reasons why someone fails in trading, because if for example they learn it properly according to what is suggested then there are actually quite a lot of loan services that they can use to start their trading steps (although trading with borrowed money is not recommended), But in some cases I more often find that traders fail because they have a wrong understanding and only see in terms of profit opportunities that make them think that trading is an intermediary to get rich in instant time so they do it very hastily and forget various things that lead to risk management to minimize the possibility of loss.

Trading is not a quick reach payment, You have to understand that it requires a maximum amount of concentration and commitment to understand trading, trading is really not what you think it is, people fail in trading because they don’t put their effort and concentration on it, and ask questions. They just begin to trade and after few time they said trading is a scam which is bad

I don't know why everyone misses the actual training or why everyone fails in the training.  There are many people who are earning a lot of money by doing tiffin, or those who are new come and invest a lot of money, brother, without realizing it, you start doing tats in that case.  There are many they can earn.  However, at present, not everyone can earn income because it is not the same for everyone, because if everyone were equal, it would not be easy to earn money.  That's why I'm saying brother, before you edit, you must learn yourself, study, become educated, there is no price for the uneducated.  It's also important for your learning anywhere or your on-the-go learning.  However, in some cases many are not proficient in these matters.

*failing you mean.

If you are someone who do love on taking up shortcuts then its likely you are really that putting up yourself into a condition on where loses is really that something more rampant or occurence is even more
comparing into those people who are taking up step by step procedure on learning up things on which we know that this is something that cant really be done so easily.
There would really be those people who are sensible on doing such step without rushing up.

Trading skills cant really be easily acquired or something that you cant really be able to make yourself that tending to handle it out on your first try.
This is something a skill that it would be taking up some time and would really be experiencing tons of loses first before you could really be able to take some good grasps into it.
There are really just people who are really that impulsive or really that too impatient on things.

Yes, people has been feeling in Trading, because of not taking the right step and doing the right thing at the right time and end up losing the cap and also telling all about how Trading is not good for them. Some people may think it is a general problem not know that it’s just something personal, Trading has a lot of steps and understanding my advice is if you want to succeed in trading, you have to come down and do what it takes properly before going into Trading you have to take your time and research to know those things you need to do

Lack of patience and doesnt really like to work hard or doesnt like to experience challenges are the ones who are really that too lazy and really loves to take shortcuts or doesnt have that interest on trying out to
go with those basic learnings or methods to learn up themselves. It is really just that there are people who are really that not that patient enough. On the time that they would really be losing money
then this is the time that they would really be having those realizations and this is something that you should have done earlier. Failing or committing errors is really that normal when hovering yourself into the market.
You cant really be directly to be come a professional or someone whose really that good on your first try.

It would really be something that normal to experience on your first try. It is really that normal that mistakes and errors would be experienced because of lacking knowledge and experience.You would
really be having that kind of mindset on fast pacing the learning but not even bothered on thinking on what are the things that should be done first.