Topic: Why people run away from trading!!! - page 5. (Read 3116 times)
Usually as defense, to develop the stand on ability for trading is not like a magic trick, it is based on how long to manipulate on the real target on a system ,because the standard position is also hard to employ to become a perfect pitch therefore you need to be patience to run a business.
It's a normal thing, when u try to trade and it doesn't work. But just go on trying and u will learn to trade. All people who run away from trading. do the same way in any deal.
Who are running with less confidence will collapse in the middle when they started to face financial issues that is why they feel better stop doing it is the right thing for them. I will support it as well as long as they realised it in the beginning itself and not lost much money.But if you wanted to do then surely you can which is very easy all you need is patience to learn.
It's a normal thing, when u try to trade and it doesn't work. But just go on trying and u will learn to trade. All people who run away from trading. do the same way in any deal.
Using a demo account also reduces the danger in trading Through this we will realize all the market conditions But don't hand over Making money in trade is as easy because it is risky albeit it's damaged, we'll attempt to fix it later. Successful business people never hand over They always attempt to move forward avoiding risk That's why you've got to see the market before trading Fleeing isn't an answer.
It helps in a way but it doesn't show the reality.
Most of the time, demo accounts gives you good results that sometimes makes you think it is that easy. I am not saying it is bad but people might take it as a sign that they should invest and not really thinking how the market moves. Losing is inevitable especially with his kind of market, if you can't handle that, it is not for you.
Using a demo account also reduces the danger in trading Through this we will realize all the market conditions But don't hand over Making money in trade is as easy because it is risky albeit it's damaged, we'll attempt to fix it later. Successful business people never hand over They always attempt to move forward avoiding risk That's why you've got to see the market before trading Fleeing isn't an answer.
When you trade with a demo account, there will certainly not be any problems, and your mind will always be comfortable when trading. However, if it is a real trading account, you will have a different psychology and always feel worried, so it is best to trade before having a specific strategy because this market is very unpredictable and easy to fluctuate when have news.People should always understand the risk in the market before entering into trading, we are very comfortable with the demo account because we won't invest anything in it, but when it comes to reality we might not comfortable with the order we place. Crypto market will fluctuate hugely but once the market starts dropping we might lose our investment easily.
With demo, you don't lose anything (except time and energy), but you don't make anything either (except you gain some kind of experience). That experience is a double edge, it's like you know something, but in reality you didn't do anything, because demo and real are not the same things, as someone above said psychology is different, and that changes everything.
I think it's better to start with the real stuff and to learn the real stuff. Yes you can lose some money, but it's better to pay for good school and to learn something good, from what you can make real money after. With demo, you can get in infinite loop...you don't lose, but you don't either, and like that for a long time.
Using a demo account also reduces the danger in trading Through this we will realize all the market conditions But don't hand over Making money in trade is as easy because it is risky albeit it's damaged, we'll attempt to fix it later. Successful business people never hand over They always attempt to move forward avoiding risk That's why you've got to see the market before trading Fleeing isn't an answer.
When you trade with a demo account, there will certainly not be any problems, and your mind will always be comfortable when trading. However, if it is a real trading account, you will have a different psychology and always feel worried, so it is best to trade before having a specific strategy because this market is very unpredictable and easy to fluctuate when have news. 
Using a demo account also reduces the danger in trading Through this we will realize all the market conditions But don't hand over Making money in trade is as easy because it is risky albeit it's damaged, we'll attempt to fix it later. Successful business people never hand over They always attempt to move forward avoiding risk That's why you've got to see the market before trading Fleeing isn't an answer.
it takes time to be mastered,because this is the most riskiest part of profiteering here in crypto currency world.I have met different people here but the same story,They are being blind by the promises of Big profit but in the end losing is what they got always.
So better be ready for everything if you really want to enter trading.
1. Lack Of Proper Trading Education
2. No Risk Management
3. Lack Of Patience
2. No Risk Management
3. Lack Of Patience
4. Having that mindset that trading is an easy money generator.
5. They set up goals basing on others positive outcomes
6. Emotion
Lots of experience or things that you should face on first before for you to able to learn.
It will vary on each person because not all would have the same effort on learning things up.
But i don't understand about emotion, how can emotion in trading ??
I think trade is about prediction and lucky, when you get the good prediction and lucky you will get a hight profiit fot that trading.
I don't know how about emotion for trading ??
Trading could be scary only if you are a newbie, the veterans are actually scared of it too I guess but not the same way. Trading is something that is risky and that risk in it is nature causes a lot of people to back away. Plus the emotional war that goes in a trading situation is just too much for some people.
I would say that if you are really willing to trade, you should have a support system ready, like some sort of thing that relaxes you and makes you forget about the trading part and makes you happy and gets your attention to something else. That way you could do your trade, and if anything goes wrong you wouldn't react quickly but would step away from it for a while and have fun and when you come back it could be all better. That is only thing I can think of that would help people who run away from trading.
Veterans don`t scared in my opinion. Because they really know how to control their emotions and balancing their risk management skills, assuming that they are pro enough in trading. If they lose in trade, they cut it immediately. When the price goes up, they maximize their profits.I would say that if you are really willing to trade, you should have a support system ready, like some sort of thing that relaxes you and makes you forget about the trading part and makes you happy and gets your attention to something else. That way you could do your trade, and if anything goes wrong you wouldn't react quickly but would step away from it for a while and have fun and when you come back it could be all better. That is only thing I can think of that would help people who run away from trading.
I am not a pro trader but I let my fear goes out of my body. Fear controls us in trading plus our greed to accumulate money. I lose at some point but I never disappointed to myself because I knew that from the start, I have lose all those money I put in trading because I risked them.
Trading could be scary only if you are a newbie, the veterans are actually scared of it too I guess but not the same way. Trading is something that is risky and that risk in it is nature causes a lot of people to back away. Plus the emotional war that goes in a trading situation is just too much for some people.
I would say that if you are really willing to trade, you should have a support system ready, like some sort of thing that relaxes you and makes you forget about the trading part and makes you happy and gets your attention to something else. That way you could do your trade, and if anything goes wrong you wouldn't react quickly but would step away from it for a while and have fun and when you come back it could be all better. That is only thing I can think of that would help people who run away from trading.
I would say that if you are really willing to trade, you should have a support system ready, like some sort of thing that relaxes you and makes you forget about the trading part and makes you happy and gets your attention to something else. That way you could do your trade, and if anything goes wrong you wouldn't react quickly but would step away from it for a while and have fun and when you come back it could be all better. That is only thing I can think of that would help people who run away from trading.
I have been reading a lot of articles on the forum and i have to say a lot of people are already giving up on trading due to some minor/major setbacks.
I write this article today to explain some few reasons why i think people are not really comfortable with the trading environment.
1. Lack Of Proper Trading Education
A wise man once said " Lack of education causes lack of progress which in turn causes lack of motivation". Most new traders have a common believe that the trading market is a Fast Money Producing market which is very wrong. Instead of learning the basics of trading and develop a reliable trading skill they settle for Signal groups or end up investing in a scam so called (money multipler groups).
2. No Risk Management
I am a victim of "No Risk Mangement". In my earlier days of trading, i always try to maximize profits neglecting the probability of the loss if a trading day/week doesn't go my way. The market is becoming unpredictable day by day, therefore traders new or experienced need to have a proper risk management regardless of your analysis of the market. I personally enter a position with 3 -- 5% risk of my total equity.
3. Lack Of Patience
The trading market is not always green or red, it's unpredictable as i mentioned earlier so there will be good and bad days for a constant trader. The aim of all traders is to at least 10X their loss in profits but if this is not the same for you, you need to be really patient with the market and try and go through your analysis and strategies all over again. Sometimes it might even require you changing the pairs you trade.
Additional information and advices would be appreciated. Thank You, Stay Home, Stay Safe.
To be successful by trading, you must have dedicated mind set up for it and need determination. Because, lack of knowledge is also responsible to run away from trading. Patience is the key to success. So, keep patience. I write this article today to explain some few reasons why i think people are not really comfortable with the trading environment.
1. Lack Of Proper Trading Education
A wise man once said " Lack of education causes lack of progress which in turn causes lack of motivation". Most new traders have a common believe that the trading market is a Fast Money Producing market which is very wrong. Instead of learning the basics of trading and develop a reliable trading skill they settle for Signal groups or end up investing in a scam so called (money multipler groups).
2. No Risk Management
I am a victim of "No Risk Mangement". In my earlier days of trading, i always try to maximize profits neglecting the probability of the loss if a trading day/week doesn't go my way. The market is becoming unpredictable day by day, therefore traders new or experienced need to have a proper risk management regardless of your analysis of the market. I personally enter a position with 3 -- 5% risk of my total equity.
3. Lack Of Patience
The trading market is not always green or red, it's unpredictable as i mentioned earlier so there will be good and bad days for a constant trader. The aim of all traders is to at least 10X their loss in profits but if this is not the same for you, you need to be really patient with the market and try and go through your analysis and strategies all over again. Sometimes it might even require you changing the pairs you trade.
Additional information and advices would be appreciated. Thank You, Stay Home, Stay Safe.
Most people who give up trading usually have quite bad experiences, such as losing all of their capital. So these people decide to run away
from trading, and consider themselves not suitable for trading. Though are like that very wrong. Everyone has the same right to succeed
in trading. All we have to do is learn strategies about trading, and also increase trading experience. So you can succeed in trading, if successful
in trading, of course reduce the number of people who intend to run away from trading.
from trading, and consider themselves not suitable for trading. Though are like that very wrong. Everyone has the same right to succeed
in trading. All we have to do is learn strategies about trading, and also increase trading experience. So you can succeed in trading, if successful
in trading, of course reduce the number of people who intend to run away from trading.
For sure that those traders who give up in trading are the traders who experienced psychological wipeout because of their poor risk management skills and also their poor technical analysis skill. They become fearful to make investment again in the market and it is the reason why they are now ignoring and running away from it. We cannot blame them because we do not experienced what they experience. If I will lose a lot of money in trading, I will not quit like them and I will make sure that I will regain it by doing hardworking more.
I get your point..... But the first rule in trading is only use the amount you can lose..... If any trader can’t stick to that personally i think Trading is not meant for them
Indeed its a simple rule that not everyone can follow because of greed to earn huge if you use a big capital. We think its a guarantee that you can succeed as a trader so it wont be hard to get back the capital you use. But we know thats not the case, it seems easy to be a trader but there's more to learn and we need to gain experience. Also it takes guts and a lot of patience, so if you cant follow this simple rule then it will be hard if you experience to lose. 
Everyone of us has our own way of choosing on what we are going to do if there are something that need to be address or done specially on trading, trading is not an easy task o maybe way to earn money many people earn and there are also people that is not lucky on this feild and they choose to run away on it without looking back it is thier choice so we need to respect them maybe they loss a lot of funds and they dont want to loss more we should respect them.
yes we must respect everyone's decision about all his choices such as the choice to escape from his trade.But as a beginner or professional trader, running away will only solve one problem and waste money in vain. The best choice besides running away is, take a short break in the world of commerce, learn the science of fundamental and technical analysis, it will be better. learning the right basic trading will not make it run away from trading.
trade is not easy, only people who want to learn can do it.
One of the worst mistakes one can do while attempting to trade or learn how to trade is use the money they can not afford to lose. For example trying to trade using Life savings, borrowed money or Loans. If things go South. It can be catastrophic and can lead to Post traumatic Stress Disorder due to the heavy losses incurred.
Well said, that's exactly what many people do and because they can not afford to lose the amount they are trading with, they tend to make many mistakes since when they are highly stressed their emotions will be the decision maker for them and not their mind and they usually regret their decisions immediately afterwards too which is another sign that they are not trading based on reasoning but only based on their feelings at that moment.
Everyone of us has our own way of choosing on what we are going to do if there are something that need to be address or done specially on trading, trading is not an easy task o maybe way to earn money many people earn and there are also people that is not lucky on this feild and they choose to run away on it without looking back it is thier choice so we need to respect them maybe they loss a lot of funds and they dont want to loss more we should respect them.
I get your point..... But the first rule in trading is only use the amount you can lose..... If any trader can’t stick to that personally i think Trading is not meant for them
One of the common reason is due to wrong brokers, as once a newbie get scammed, he/she loses interest. While not learning properly is also something that is equally challenging and makes a lot of people close out.
Everyone of us has our own way of choosing on what we are going to do if there are something that need to be address or done specially on trading, trading is not an easy task o maybe way to earn money many people earn and there are also people that is not lucky on this feild and they choose to run away on it without looking back it is thier choice so we need to respect them maybe they loss a lot of funds and they dont want to loss more we should respect them.
trading is a big deal and big concept for everyone many peoples does,t know how to trade with full of strategy many are very confusion about that trading. most peoples loss money when they are started with new strategy lines. but many peoples know about trade because they are focusing and full concentrate and set candles stick and apply strategy. but alot of people earn with trade and some people loss money when they are trading.
There is a whole lot of grammar errors on this information you are trying to pass out, please try to check well before you drop your contribution. The grammar errors can just give one an heart attack. 😂😂🤣
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