Trading is not easy. Some people think that they can be rich quickly by doing trading.
Trading is not easy as that. To get successfull in trading we must learning and understanding about analysis technique.
Topic: Why people run away from trading!!! - page 3. (Read 3140 times)
Basically like that, someone who just comes to the trading market and ends up leaving the trade because of these three things. Traders who are old are usually out of mind and because they cannot accommodate higher risk trades. I can say that why people run away from trading is because it varies for each trader. Other reasons have been conveyed through replays by other users and I think everyone agrees with the many reasons and the reasons vary for merchant characteristics.
Trading is very attractive and very sensitive, if one is futunate or skillful at it, it generates more money than just bounties, 2 things I will like to add to your point is OVERCONFIDENCE. Many traders shows too much confidence not taking cognisance of the fact that they are not In control of the market scale, some will go and make Ponzi scheme from it and get arrested when they make losses.
Some, due to the fact that they choose the wrong broker who, as a result, can let them down, are disappointed with the trade, in general, that is why I thoroughly approached the choice and settled on Amarkets, which have a lot of clients, good trading conditions.
Trading is one of the best and most fun ways to make money. Just invest money, have patience and little skills, use automated tools like profit and loss bots to execute and that's it. Still many people don't like it and most probably it's because they want to get rich quick which doesn't happen. They might have also heard myths like traders lose huge amounts etc, that might all go into it and they lost much energy needed to trade properly.
Without knowledge with what you're going to do, the chances of losing money is really high, you need to make sure that you fully understand the market in where you'll going to invest your money, it's about understanding the risk and your capabilities to adjust
when it's needed, this venue of business is not a scheme for quick turning into richness, you need to learn every skills that according
to this venue of investment.
You have said it all, like of patient is the common factor and most people just dabble into crypto space without any fundamental.
Many can't stand emotional stress and losses
The major reason many people run away from trading is because they do possess the right knowledge concerning trading. Many just dabble into it, they get burnt and they stay away as much as possible.
The first thing to do concerning trading, as with every other thing, is to acquire the right knowledge about it. Make in depth research and one is half way successful in trading.
Another reason many others get burnt is because they don't know when to take profit. This is actually due to greed because they believe the market will always go in their desired direction. However, we all know that the market is unpredictable and one should take profit once you've made a significant amount of profit.
The first thing to do concerning trading, as with every other thing, is to acquire the right knowledge about it. Make in depth research and one is half way successful in trading.
Another reason many others get burnt is because they don't know when to take profit. This is actually due to greed because they believe the market will always go in their desired direction. However, we all know that the market is unpredictable and one should take profit once you've made a significant amount of profit.
Trading is one of the best and most fun ways to make money. Just invest money, have patience and little skills, use automated tools like profit and loss bots to execute and that's it. Still many people don't like it and most probably it's because they want to get rich quick which doesn't happen. They might have also heard myths like traders lose huge amounts etc, that might all go into it and they lost much energy needed to trade properly.
I think if I have the skills of analyzing probability of mathematics and understanding the market and economy , plus I have the investment to use, trusting some instincts then I would be grateful to take the risk. Trading is great for those talented people and I wish I could be one of them.
The initial word that stands out here is anxiety.
Business usually has ups and downs but not everyone can go through this crisis. So several people are run away from trading.
Business usually has ups and downs but not everyone can go through this crisis. So several people are run away from trading.
Another thing is the risk.
People thought it is easy to do this but underestimates the fact that it is risky. After experiencing it, they will be running from it and blame the market being volatile. Most of them are beginners and can't actually manage the risks they are taking, they should learn that beforehand.
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Barely those who are turkeys run away from trading. Trading is a big platform. There are many opportunities to do this. The ups and downs will be omnipresent, but you have to withstand these and get to the top. Once there is a loss, there will be a profit, this is the rule of trading.
it's just that, most people are only ready for the benefits but not at the risk. however, I think people who are not ready will run away from it. Well, I've also felt that unpreparedness and disappointment with trading. but, now I only take a small risk for it. 
People should run away from trading for the most part. I see so many people doing it and the truth is the vast majority of "traders" are in over their heads. It take a vast amount of time to learn how to trade and most people just dive in head first without an idea what they're doing.
Barely those who are turkeys run away from trading. Trading is a big platform. There are many opportunities to do this. The ups and downs will be omnipresent, but you have to withstand these and get to the top. Once there is a loss, there will be a profit, this is the rule of trading.
The initial word that stands out here is anxiety.
Business usually has ups and downs but not everyone can go through this crisis. So several people are run away from trading.
This anxiety attack could give us feels of not winning. To add, also lack of confidence to win during trading as to why others runs and never came back in trading. Doing exert extra effort to learn may help to improve our ways of trading. Though, there are times we may lose but study the market could help. Business usually has ups and downs but not everyone can go through this crisis. So several people are run away from trading.
The difference between large capital and low capital is not the % they could make, it is the amount they could make. Let's say there is someone who gets into trading with 100k dollars, if they make a 1% profit that is just 1000 dollar profit right there already, if you start with 100 dollars, you need to make 10x in order to reach the same thing. Think about it, one of them makes 1% profit while other one has to ten times itself to make the same profit. That is the big difference in trading when you use small or big capital.
However does that matter? I think it shouldn't matter, if you are not rich, you should start with small and try to grow bigger slowly, just do that 1% profit if you can, do whatever you can and eventually you will be making thousands as well if you are patient enough.
However does that matter? I think it shouldn't matter, if you are not rich, you should start with small and try to grow bigger slowly, just do that 1% profit if you can, do whatever you can and eventually you will be making thousands as well if you are patient enough.
It's true that quite a lot of people run away from trading, mostly just because they fail several times and give up. And decide
not to trade anymore, not even a few say trading is not for everyone. This is actually because of most people has 3 points already
mentioned in the opening post. So no need to run away from trading, correct these three points so greatly easy to become
a successful trader.
not to trade anymore, not even a few say trading is not for everyone. This is actually because of most people has 3 points already
mentioned in the opening post. So no need to run away from trading, correct these three points so greatly easy to become
a successful trader.
Additional information and advices would be appreciated. Thank You, Stay Home, Stay Safe.
To be honest, trading cryptocurrency is not as easy as it seems especially when the market is not bullish. I admit the fact that proper understanding of the market, proper risk management and patience are the fundamental basics to profitable trading however, they can take you just for far after that all you've is uptimism as the whole cryptocurrency is volatile and to certain extent unpredictable.
Almost you said it perfectly mate, just all I can say is if everyone is doing trade in any of the exchange platform patience is one of the main technique for us to earn anyhow. Proper knowledge about it as well is also important, without this things surely, you will quit early once you find out that your coins is gone or loss.
The initial word that stands out here is anxiety.
Business usually has ups and downs but not everyone can go through this crisis. So several people are run away from trading.
Business usually has ups and downs but not everyone can go through this crisis. So several people are run away from trading.
You have mentioned 3 important points. For making trade, a trader must have trading knowledge, strategy, risk management system and a lot of patients. But most of the people join in trading with some money expecting that trading will give him a lot of earning. They would have no knowledge and experience and no trading strategy. As a result they loss their fund within next some days and leave the trading platform. So to be a gainer, you should follow the mentioned techniques.
The above key points is very helpful especially to those who do not have patience and lose hope in trading. Mainly advice gains knowledge in trading before putting money and risking your funds to it. Others back out from trading because of the money they cannot afford to lose. The fear of losing at all because of no patience, lack of education as been stated above. This is very important learn and educate ourselves as this could help us through our journey in trading. Jump to: