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Topic: Why people run away from trading!!! - page 8. (Read 3114 times)

legendary
Activity: 2758
Merit: 1004
PredX - AI-Powered Prediction Market
June 22, 2020, 04:09:57 AM
A lot of people think that trading is as easy as ABC, they just study within a few days and start to invest in it, some decided to follow signal channels, when things are not working out for them they will label trading as scam, lack of patience result in all this, no patience in waiting for the right time to study very well before entering the market and likewise no patience when they enter the market and start trading, regardless of the TA experience one might have, if you do not have patience while trading, you might find it difficult in making it
Well, seeing other people benefit from trading makes many people feel that it's easy. when trying, the person will exit the trade. Well, that's predictable and it's been a long time ago. however, many impatient people try to trade and get nothing but losses. however, it stopped them.
newbie
Activity: 9
Merit: 0
June 21, 2020, 01:50:36 AM
People run away from cryptocurrency trading because most of them cannot control emotions when getting loss plus there is no solid strategy to get out of a trade when losing.
newbie
Activity: 2
Merit: 0
June 21, 2020, 01:32:15 AM
Fear is the main factor..

These short-term traders see the same technical analysis signals that you see.

They do the common mistakes in trading and find themselves in loss.

People often get fooled and sell a creeping market short, because it keeps having reactions and they expect a profit. If they don't seems it profitable they run away from trading!!

Traders generally buy and sell securities more frequently and hold positions for ... and should stay away from more volatile growth and startup companies shares

@ https://www.e10studio.in/
sr. member
Activity: 2338
Merit: 365
June 19, 2020, 01:59:04 PM
...
Apart from that, at least from a few friends that I found basically they don't really understand the price movements that occur, they only buy and sell at the wrong time and then they leave without having the desire to correct their mistakes. So in this case I think about why they left the trade because they didn't have a strong desire to learn about the trade themselves, because most of them just want to make a quick profit without knowing how long the process is for success.
That is called a one-night trader... ( ̄∇ ̄)
they say trading is easy, that is, only selling and buying, but in reality, trading is not that easy, before buying >> target coin, we must know the latest news related to our target coin. every news has a big influence on our> target coins> movement in the future.
sr. member
Activity: 586
Merit: 251
June 19, 2020, 07:49:57 AM
A lot of people think that trading is as easy as ABC, they just study within a few days and start to invest in it, some decided to follow signal channels, when things are not working out for them they will label trading as scam, lack of patience result in all this, no patience in waiting for the right time to study very well before entering the market and likewise no patience when they enter the market and start trading, regardless of the TA experience one might have, if you do not have patience while trading, you might find it difficult in making it
New traders are usually affected by screenshots income from professional traders. They think Trading is a very easy way to get money. So they immediately learn to trade with large capital because they hope get a lot of money. Even if you are a beginner in trading world then you better use a demo account as a place to learn.
Now there is a lot of knowledge to study in the crypto market and before making a deposit into this market, use the demo account to know exactly what you are doing here. Some traders are good at trading initially, but when they deposit money, their psychology changes completely. I think they need to control their psychology and not panic when the market suddenly collapses.
legendary
Activity: 2268
Merit: 1655
To the Moon
June 17, 2020, 05:59:33 AM
A lot of people run away in trading because they mostly don't understand what they are doing, they usually think crypto trading is easy as pie but in reality trading is not that easy. Specially if you dont have any patience and risk management in trading.

Some traders do not understand how the cryptocurrency market works. They are faced with the fact that the market is volatile and there is a high degree of manipulation. Without accepting these facts, they try to work out their trading strategy, which leads to the loss of the deposit.
hero member
Activity: 1442
Merit: 510
June 17, 2020, 04:27:31 AM
A lot of people think that trading is as easy as ABC, they just study within a few days and start to invest in it, some decided to follow signal channels, when things are not working out for them they will label trading as scam, lack of patience result in all this, no patience in waiting for the right time to study very well before entering the market and likewise no patience when they enter the market and start trading, regardless of the TA experience one might have, if you do not have patience while trading, you might find it difficult in making it
New traders are usually affected by screenshots income from professional traders. They think Trading is a very easy way to get money. So they immediately learn to trade with large capital because they hope get a lot of money. Even if you are a beginner in trading world then you better use a demo account as a place to learn.
full member
Activity: 1204
Merit: 104
June 17, 2020, 02:45:35 AM
I think that a lot has already been said about what causes a trader to give up his activity. but it seems to me that you need to pay attention to what needs to be done to stay in the gain. It seems to me that you need to learn not only how to manage your capital, but also how to manage yourself, so that all of your subsequent transactions bring good profit. In addition to special knowledge and relevant experience, each trader should develop his own rules for approaching cryptocurrency trading, so that his work is more concentrated and balanced. In addition, fatigue and excessive stimulation have a very strong effect on the results.
full member
Activity: 515
Merit: 101
June 17, 2020, 12:10:43 AM
Some people run away from trading because they are lack of knowledge about it. Maybe because they experienced how to failed that's why they want to stop doing it.Trading requires a lot of patience and learning risk management is also important to know.
I can't be more agree! Most people quit trading because they didn't have enough knowledge and understanding when they come to the market. Therefore, they experienced a lot of failures and they feel desperate about their decisions. Once you trade without knowledge, you'll gain nothing but losing your capital. That's exactly why learning is quite important in trading!
jr. member
Activity: 448
Merit: 4
June 16, 2020, 11:49:26 PM
Some people run away from trading because they are lack of knowledge about it. Maybe because they experienced how to failed that's why they want to stop doing it.Trading requires a lot of patience and learning risk management is also important to know.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
June 12, 2020, 06:23:06 AM
Trading can be scary if you look at it. Especially when you are doing it. You can liquidate your portfolio if you even make a small mistake. By experience I have lost quite a few times which almost lead mo to quitting. But staying calm in that situations makes you more focused and recover what you have loss.
There is too much sense in what you said there. It's all about patience in the face of loss. Every trader should have a mastery of their emotions while at it. Nothing destabilizes a trader more than a loss. However, self control and patience are virtues to have as a part of trading skills. Notwithstanding, risk is a very important part of trading, and by extension general business too. The higher the risk in any business, the higher the ROI. Those who run away from trading because of the risk involved are lilly hearted.
sr. member
Activity: 616
Merit: 250
June 12, 2020, 04:45:45 AM
Trading can be scary if you look at it. Especially when you are doing it. You can liquidate your portfolio if you even make a small mistake. By experience I have lost quite a few times which almost lead mo to quitting. But staying calm in that situations makes you more focused and recover what you have loss.
full member
Activity: 406
Merit: 100
kingcasino.io
June 06, 2020, 08:38:48 AM
A lot of people run away in trading because they mostly don't understand what they are doing, they usually think crypto trading is easy as pie but in reality trading is not that easy. Specially if you dont have any patience and risk management in trading.
member
Activity: 224
Merit: 16
June 05, 2020, 08:40:34 AM
Every market has entry and exit. Actual trader never leave the market because both profit and loss are the part of trade and they try to make grater profit than loss. Yes, some people are leaving the market because they are temporary traders and they started trading without knowing the trading system and policy. Your mentioned causes are also works for giving up their trading.
legendary
Activity: 2758
Merit: 1004
PredX - AI-Powered Prediction Market
June 05, 2020, 04:43:57 AM
The reason for fleeing the trade is that they have no experience with the trade And greedily trades in all kinds of currencies without knowing it in order to make more profit. In that case the loss later and leaves the trade The currency does not verify well.
some people want to do trial and error because seeing trading is so easy. besides, seeing trading is really easy, even we can make theories about it. it's just that when entered in it, then there will be doubts, greed, and so on that, they don't think about. however, they sometimes leave because they think trading is not as easy as they think.
jr. member
Activity: 224
Merit: 1
June 05, 2020, 04:43:29 AM
I remember my first times of trading. That was terrifying Cheesy

Seriously, it was extremely stressful even though I played with small valuales.

Its been a while since I felt it, but I'm afraid now this feeling came back to me, lost some money within a few minutes. Not sure what do to now, I hope it will go away by itself.

Never stopped trading though! Keep fighting with feeling.
member
Activity: 1120
Merit: 68
June 04, 2020, 11:29:45 PM
For me proper risk management is number 1 if you have the best trading education in the world but you dont know how to manage your risks that will be a very big issue. Many people see trading as a get rich quick scheme and believe they can scam the markets which is impossible in this way they loose their discipline and use a wrong risk management
It's true. Without proper risks management it will be a big issue because you won't be able to cut down all of your losses and you won't be able to protect your own account from having huge losses that will really makes you run away. Unable to control your emotions is also a thing for you to run away in trading that you can't stop yourself even you have experience three or more consecutive losses that you start to become greedy.
copper member
Activity: 38
Merit: 0
June 04, 2020, 07:30:11 PM
For me proper risk management is number 1 if you have the best trading education in the world but you dont know how to manage your risks that will be a very big issue. Many people see trading as a get rich quick scheme and believe they can scam the markets which is impossible in this way they loose their discipline and use a wrong risk management
hero member
Activity: 2744
Merit: 588
June 04, 2020, 06:15:41 PM
Trading is not just a game, Trading requires skill,
if you do not have the skill then your trading will be in vain and always lose, like gamble
Yeah, trading is not easy because the trading needs proper skills I have seen so many people who are now successful traders AMD they got huge profit from trading so people are afraid with no reason trading is actually profitable we only need to learn it well I think trading is about knowledge try to increase our knowledge about trading.

And in this regard, patience is needed when you are in trading.
If you will be in panic mode or too emotional with what you are doing, you will end up a mess.
Skills can be acquired thru experience but you still have to learn the basics of trading.
At least be knowledgeable of the available TAs. Though a lot of them doesn't help in crypto, but somehow it will help you understand what's happening.
So those people who gave up trading most likely suffered huge loss and don't want to make another one.
jr. member
Activity: 30
Merit: 1
June 04, 2020, 06:29:07 AM
Improper training will lead to the main reason why people run away from trading. And if someone gets it right, it is an experience that can lead to financial stability. Impatient and fear of missing out is also other factors
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