Topic: Why people run away from trading!!! - page 13. (Read 3114 times)
You are right to mention that folks run faraway from trade once they lose and lose during a trade But it's foolish to lose and run away If we will trade properly then we will make tons of profit by trading a day Therefore it's necessary to correct the error without deed and learn better and reduce the quantity of injury. Trade small amounts a day and check out to practice the charts well Trade-in green light water the number of losses are often easily recovered here to form the crypto market trade far better than the other site.
Have tired with lost always and make many trader run away from trading with bitcoin and altcoin, but if keep get profit with trading is not have the reason why leave trading and keep going on until get much profit every day.
a common reason is losing a lot of money...
without preparation, trading is just like playing gambling, this is the reason why risk management is really needed when starting trading, holding back and learning more about risk management is the best way for you to start trading.
without preparation, trading is just like playing gambling, this is the reason why risk management is really needed when starting trading, holding back and learning more about risk management is the best way for you to start trading.
I knew someone who has successful trades in Paper trading but failed in actual trading. It's either that trader was over confident or he has still problem reading technical and fundamental analysis. Remember that our enemy is the market's volatility and the whales out there.
Those who are running away and giving up trading will not make them a successful one. There are a lot of traders out there who losses much but still not giving up.
Someone said to me that focus on "how you lose" than "why you lose" to know which part of trading are we failing to achieved.
This is not as odd as you may think it is, being able to make profits when you paper trade is really not that difficult, you can find hundreds of strategies on the Internet about how to make money in the markets and when you test them you find out that they work, so how is it possible that so many traders are long term losers? And that is because many are unable to deal with the pressures of trading with real money, the fear and greed that they feel clouds their judgement and they are unable to take the right decision that they know they should take losing money in the process. Those who are running away and giving up trading will not make them a successful one. There are a lot of traders out there who losses much but still not giving up.
Someone said to me that focus on "how you lose" than "why you lose" to know which part of trading are we failing to achieved.
I want to say that typically seen on charts, occurs when trading activity skips sequential price points, usually driven by intense investor interest. In other words, there was no trading, defined as an exchange of ownership in a security, between the price point where the runaway gap began and where it ended. The gap and go strategy is when a stock gaps up from the previous days close price. If you're looking to do gap trading successfully then the most common strategy so we trading to identify the trading range. Rising above that range signals a buy, while falling below it signals a short.
There are many reasons depending on the individuals. So we can’t really single things out but anyhow, I believe wrong strategies, brokers and lack of management are some very common logics of why people shut out when it comes to their trading career.
Crypto trading is more advantageous than other trading. Alot of people see it as a money bag , they just jump in immediately they have little knowledge about trading or done some little predictions. After some losses they run out and say it's not for them. Always take your time in anything you will do in trading , learn how to earn and how to lose. Then take caution on things that causes loss to make more profit.
I support that. The openness we have the more we learned and humbly accept the reality either we lose or gain. People mostly get wrong when thining about easy money in trading. That was a stupidity jumping in here without knowledge, they are just to become prey. Whales are waiting with them. But if they learn their mistakes, then they'll might change their mindset.and not only for him, the loss rate of new traders is usually around 90% - 95% due to lack of experience in capital management and unstable trading psychology. in order to master it, we have to trade a lot of things, I don't think just recognizing our mistakes is enough.
and there will also be mental and health cases. Although I am doing quite well and my daily profit is quite good, I cannot stand the nature of the job. I have an account with a lot of money and every time I open orders I get nervous. My whole day was just sitting in front of the computer and always worried, my life was not as interesting as it used to be. I turned to speculation and it made my life much better. I had a full time job and had more friends, besides that I still made money.
Crypto trading is more advantageous than other trading. Alot of people see it as a money bag , they just jump in immediately they have little knowledge about trading or done some little predictions. After some losses they run out and say it's not for them. Always take your time in anything you will do in trading , learn how to earn and how to lose. Then take caution on things that causes loss to make more profit.
I support that. The openness we have the more we learned and humbly accept the reality either we lose or gain. People mostly get wrong when thining about easy money in trading. That was a stupidity jumping in here without knowledge, they are just to become prey. Whales are waiting with them. But if they learn their mistakes, then they'll might change their mindset. 
Actually Trading is not so easy things, it is too big sector. For good trading everyone can larn More and more. Without training and without proper knowledge trading is too much risk.. Now a days we are seeing many people coming for trade without proper knowledge, so they are loosing. As a result they are losses, for this they loosing their confidence and after some days they are run away from trading. So for trading at first we have to Learn More and More for existing in trading platform.
We do all came from being a noob.No one starts to be a professional directly thats why if you do are really that interested to trade then you should do test the waters and dont easily give up when you do commit mistakes which is normal because these are stepping stones for you to learn and would able to get the basic and then later on
would gain experience and the knowledge you do get when you actively trading.This wont happen overnight thats why theres no need to rush up things.
Crypto trading is more advantageous than other trading. Alot of people see it as a money bag , they just jump in immediately they have little knowledge about trading or done some little predictions. After some losses they run out and say it's not for them. Always take your time in anything you will do in trading , learn how to earn and how to lose. Then take caution on things that causes loss to make more profit.
Greed and being impatient.These are the common reasons why people being wrecked down by the market.They jump into things which they do believe that it can make fortune to them on a short span of time without even realizing that things doesnt work that way.Soon theyll find out the reality then they will either accept or just simply
turn their backs and find for another things.
Crypto trading is more advantageous than other trading. Alot of people see it as a money bag , they just jump in immediately they have little knowledge about trading or done some little predictions. After some losses they run out and say it's not for them. Always take your time in anything you will do in trading , learn how to earn and how to lose. Then take caution on things that causes loss to make more profit.
Actually Trading is not so easy things, it is too big sector. For good trading everyone can larn More and more. Without training and without proper knowledge trading is too much risk.. Now a days we are seeing many people coming for trade without proper knowledge, so they are loosing. As a result they are losses, for this they loosing their confidence and after some days they are run away from trading. So for trading at first we have to Learn More and More for existing in trading platform.
I think lack of patience is the case for most people here. Most of the people here are looking for where to make money quick. I won't really blame them, we are all human beings and we have one problem or the other that we need to solve and due to that we are all looking for where to quickly get money...
A lot of new traders make one mistake-they want to make as many trades as possible during the day. But we know that the price of bitcoin can change up to 10% during the day and it is impossible to correctly predict all its movements, even for an experienced trader. A novice who participates in all transactions can lose their balance in a few days.
There are various reasons as to why people may not be interested in trading as the reasons would differ from person to person. Though couple of my friends who used to trade have stopped because firstly it is not every one's cup of tea. One of the friends always used to buy at the highs and end up making loses. Second one used to buy based on somebody else recommendation and in this process end up losing almost his investment. Thus, finally they decided to quit for now.
I don't believe in 'lack of patience' in trading, it does works sometimes but not Everytime, waiting in patience can land you in further loses too, trading can be read but can't be trusted every time .
You know what? We can divide the traders into two groups for the sake of simplicity. One group is trading altcoins daily and others are holding bitcoin for long term. If we see this "patience" thing, then the second group has it so much so that they are holding for years to sell at good price. But the altcoin lovers are seeing huge dumps for years and thus are desperate to come out of the rabbit hole which they dug years back in lieu of some false promises.Quote
The best strategy is to split your Bitcoin or whatever coin you are using for trading in two, e.g you have 1 Bitcoin, split into two and use half to buy usdt, if Bitcoin goes up you have more gains if Bitcoin loses value you buy back with the USDT
This is a bad choice. You should buy bitcoin with USD and then hold it for long term. Holding USDT for liquidity is bad choice. Use USD itself if your exchange allows it to be deposited from bank. But if not then yes you have to continue with USDT.
I don't believe in 'lack of patience' in trading, it does works sometimes but not Everytime, waiting in patience can land you in further loses too, trading can be read but can't be trusted every time .
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The best strategy is to split your Bitcoin or whatever coin you are using for trading in two, e.g you have 1 Bitcoin, split into two and use half to buy usdt, if Bitcoin goes up you have more gains if Bitcoin loses value you buy back with the USDT
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The best strategy is to split your Bitcoin or whatever coin you are using for trading in two, e.g you have 1 Bitcoin, split into two and use half to buy usdt, if Bitcoin goes up you have more gains if Bitcoin loses value you buy back with the USDT
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I think the reason is mainly because of a lack of financial education, often the problem lies in being guided by social networks, academies, which teach technical analysis. If everyone read at least books that are not focused on technical analysis but on understanding the market, they could have more security, it has particularly helped me to read the books by Wyckoff, Livermore, Warren Buffet, they are books that greatly help education. .
I very much agree with you, trading is a highly elaborate skill and to be fair for someone with no financial/economics background can be quite hard to get to grips with. There are however enough resources out there to learn the theory of trading but like everything else you need to apply those theories to real world situations and that's when the proper painstaking learning happens, and most of the time & especially at the beginning where most of the losses happen too!
Trading is not an easy way to make money, I think of the total number of traders, only few are really making money consistently.
Despite of that reality, the crypto market is still attractive to invest because we can just buy and hold and just trade when necessary to cash out.
Trading or day trading requires time and attention because as a trader, we are looking for the right timing to get in and get out, so it's better if we are trading being a full time than trading only as your part time.
Despite of that reality, the crypto market is still attractive to invest because we can just buy and hold and just trade when necessary to cash out.
Trading or day trading requires time and attention because as a trader, we are looking for the right timing to get in and get out, so it's better if we are trading being a full time than trading only as your part time.
Trading is when a crypto market or another trading instrument, opens above or below the previous day's close with no trading activity in market. Partial trading market occurs when the opening price is higher or lower than the previous day's close but within the previous day's price range.illegal form of market manipulation in which a trader places a large order to buy or sell a financial asset, such as a stock, bond or futures contract, with no intention of executing.
People just don't know how to trade, they don't have enough experience, so they can't trade. Trading bots were invented especially for beginners.
I have heard many times that not all trading bots can really help you in trading.Jump to: