You could die from trading. - page 2.

livingfree

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Quote from: Jazzi Mahesh on June 17, 2021, 12:15:31 PM

I don't think so that you could die through Forex Trading, but you could be losing tremendous money if you would enter the market, without any prior knowledge of the same.

You skipped those moments when some of the traders lost their lives due to different reasons in trading. And whether it's on forex trading or crypto trading, there really are situations that happens that you are not expecting.

Take some back logs on this thread.

And you'll see those people that have lost their lives due to trading for different reasons.

Jazzi Mahesh

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I don't think so that you could die through Forex Trading, but you could be losing tremendous money if you would enter the market, without any prior knowledge of the same.

lepbagong

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Quote from: feelideb on June 15, 2021, 12:37:10 PM

I believe tradimg cryptocurrency or other financial instruments is not meant for everyone. There is a lot of swing in your emotion and trading at loss could cause a lots of pain which could graduate into depression or death! The simple advice is this: If your trading activities affect your daily life and little correction in the market put a lot of strain on your emotion, then you should stop trading altogether! If trading and consequence of it does not affect your daily life, then you are good to trade!

Humans have limitations of what can be done and not everything can be ascertained to be done well, especially those related to emotions and high anxiety for fear of making mistakes. crypto trading includes which all may be able to know and do but to be able to do it right and not have an impact on yourself and loved ones is certainly not much.

Before engaging in trading in crypto, one must be mentally prepared and have sufficient financial ability and if possible not be combined with daily needs, because this trade has a high risk, if not analyzed properly. the loss can be great and the guilt of taking action will affect one's thoughts and behavior toward oneself and family. If you can't control yourself , it's certainly not recommended to do better looking for other things.

perfect999

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Quote from: john_nautica on June 12, 2021, 02:10:53 AM

You could literally die from trading even if not from heart attack but if you deposit all your money to wrong coin which all of your money will be gone in seconds, you don't have to eat, money to pay rent and money to buy food. So if you are not wise enough to handle your money it could lead to many circumstances in your life.

Yeah, I think first of all you should learn to have patience and apart from having patience enough, you should also have a target and not try to cross that line you have set for yourself. Let’s say for example that you wanted to invest in Shib and you have plans of making twenty percent income/profit from it, once you have achieved that twenty percent income, there is no need to rush in again.

You should then calm down and give yourself some to consider your next move even if the market seems to be moving up after you have sold. So that you don’t end up investing your money again and then end up losing your money.

stomachgrowls

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Quote from: feelideb on June 15, 2021, 12:37:10 PM

Quote from: Rruchi man on May 01, 2021, 05:22:08 PM

As a trader, there is a lot of ups and downs in the market, you could loose all your capital in less than a minute with just a very little analytical mistake. The importance of living healthy cannot be overstated to reduce especially the risk of stroke, hypertension or a heart attack which are all long term effect of the accumulated stress gathered from constantly monitoring the market charts, sitting for long hours and increased palpitations and heightened blood flow, which are all situations that full time traders experience.

Always try to give yourself enough time to rest, exercise and maintain a healthy diet as well a social life. All this activities help reduce stress both mentally and physically.

I believe tradimg cryptocurrency or other financial instruments is not meant for everyone. There is a lot of swing in your emotion and trading at loss could cause a lots of pain which could graduate into depression or death! The simple advice is this: If your trading activities affect your daily life and little correction in the market put a lot of strain on your emotion, then you should stop trading altogether! If trading and consequence of it does not affect your daily life, then you are good to trade!

Not for everyone indeed and there are people who do even force out even though they had experience countless failures and become too emotional and been affecting lots of things into his own life which might really result into sudden suicide if they do find out that they have nothing left on them.

Trading sounds easy but it isnt and there are people who had been dealing with this market for years but still struggling on making profits until this very moment.Some do sustain and some do mess up their entire life.

Always set risk management and be aware with the risk because if you do let yourself get blinded just because it can give out profits and without seeing the negative side then you might get shocked once the reality would slapping up into your face.

feelideb

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Quote from: Rruchi man on May 01, 2021, 05:22:08 PM

As a trader, there is a lot of ups and downs in the market, you could loose all your capital in less than a minute with just a very little analytical mistake. The importance of living healthy cannot be overstated to reduce especially the risk of stroke, hypertension or a heart attack which are all long term effect of the accumulated stress gathered from constantly monitoring the market charts, sitting for long hours and increased palpitations and heightened blood flow, which are all situations that full time traders experience.

Always try to give yourself enough time to rest, exercise and maintain a healthy diet as well a social life. All this activities help reduce stress both mentally and physically.

I believe tradimg cryptocurrency or other financial instruments is not meant for everyone. There is a lot of swing in your emotion and trading at loss could cause a lots of pain which could graduate into depression or death! The simple advice is this: If your trading activities affect your daily life and little correction in the market put a lot of strain on your emotion, then you should stop trading altogether! If trading and consequence of it does not affect your daily life, then you are good to trade!

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Quote from: john_nautica on June 12, 2021, 02:10:53 AM

You could literally die from trading even if not from heart attack but if you deposit all your money to wrong coin which all of your money will be gone in seconds, you don't have to eat, money to pay rent and money to buy food. So if you are not wise enough to handle your money it could lead to many circumstances in your life.

This is the most extreme of the examples, however trading if done in an obsessive way can certainly decrease your quality of life and take away some years out of your life as well, for example there are people that have some signal system that alerts them of the market making a significant movement and if this happens during their sleep they get up and make a trade, it is known that not sleeping well can affect your health and if this keeps happening it will produce long term effects on you which cannot be reversed.

leea-1334

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Quote from: kesmex on June 14, 2021, 04:40:01 AM

That is why in cryptocurrencies the risk can be said to be large, especially since the price is really volatile,
maybe we can take advantage quickly but if we don't have basic knowledge and skills of course it will be difficult,
but indeed patience plays an important role in holding coins

There is risk in any kind of activity where speculators are at large,,, crypto is extremely volatile,,, yes I know we are in this sideways market now but look at how much it can jump from week to week or even movements in a day!

Basic knowledge and skills never prepare you unless you have real money at stake and experience it yourself.

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Quote from: leea-1334 on June 14, 2021, 12:48:10 AM

Quote from: Xinarae* on June 13, 2021, 10:41:48 PM

Don't be discouraged from trading in the crypto market you have to wait patiently no matter which way the market goes. Even if there is a loss you should try to reduce the risk by following the trading strategies online trading requires a lot of discipline and can be risky if combined with an inexperienced decision.

I would say always it is not so much patience in trading than in hodling,,, crypto is so super volatile you should either get your stop loss or take profit quickly.

But as many threads now show us,,, not worth the stress and time consumption. Hodl and be patient, and do a normal life. Come back every few years and be pleasantly surprised:)

That is why in cryptocurrencies the risk can be said to be large, especially since the price is really volatile,
maybe we can take advantage quickly but if we don't have basic knowledge and skills of course it will be difficult,
but indeed patience plays an important role in holding coins

leea-1334

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Quote from: Xinarae* on June 13, 2021, 10:41:48 PM

Don't be discouraged from trading in the crypto market you have to wait patiently no matter which way the market goes. Even if there is a loss you should try to reduce the risk by following the trading strategies online trading requires a lot of discipline and can be risky if combined with an inexperienced decision.

I would say always it is not so much patience in trading than in hodling,,, crypto is so super volatile you should either get your stop loss or take profit quickly.

But as many threads now show us,,, not worth the stress and time consumption. Hodl and be patient, and do a normal life. Come back every few years and be pleasantly surprised:)

Xinarae*

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Quote from: fearfulcalm on June 09, 2021, 10:26:27 PM

Yeah, who play in market need to be strong.
When people lose, he break, thats why you only put in market what you can lose

Don't be discouraged from trading in the crypto market you have to wait patiently no matter which way the market goes. Even if there is a loss you should try to reduce the risk by following the trading strategies online trading requires a lot of discipline and can be risky if combined with an inexperienced decision.

Wawa2013

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Quote from: onecall123 on June 09, 2021, 12:56:13 AM

Quote from: Wawa2013 on June 09, 2021, 12:41:24 AM

Quote from: bitterguy28 on June 08, 2021, 11:34:39 PM

Quote from: Rruchi man on May 01, 2021, 05:22:08 PM

~

We must do everything with balance, do not be too obsessed with trading it is not good and will have a bad impact on our health. I also suggest
controlling our minds well, because if our minds are healthy, we can do everything right. Including doing trading activities with a fresh mind can
make us trade well. Indeed, the reality is that there are some people who have a weak mentality, so when they experience big losses when trading,
finally looking for a shortcut by choosing suicide. Such a person cannot keep his mind healthy, so he can't think rationally anymore. Indeed, trading
includes activities that tire the mind, so we should be able to maintain adequate rest and eat healthy foods. So that our minds can relax and not be
easily stressed when trading.

Trading crypto is harder than we might suspect, and in the game of trading money transference from the impatient to the patient wallet. Those impatient and weak hands generally survive and fall into the mental health problem. This is trading, and the would not be same as we anticipated. I’ve seen a 98% down in my portfolio in 2018 and recovered in 2021. So, This is an ideal opportunity to make a plan and be intellectually solid. Only relax mind could stress out and enjoy the advantages.

I agree trading is a bit more complicated and strenuous than we think, most newbies think trading is only limited to buying at a low price
and selling it at a high price. But the reality is much more complicated, because trading will involve our emotions, which indirectly if we don't
have a healthy mentality it can have a dangerous effect. Therefore, successful traders will not get success in an instant, they will go through
a long process. There are many things that we have to learn in trading, so don't be lazy to learn everything related to trading. Later we will
shape ourselves to be better at controlling emotions when trading.

Oilacris

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Quote from: muratsink on June 13, 2021, 11:13:46 AM

Depend how some one faced when getting problem, I see my friend is not ready when loss money although under $50 and looks very serious when getting coin bought down, for me get risk when trading and investing is my job and my style, how ever market later dump or pump have ready to get it without care loss much money or not.

When it comes to financial situation then each one of us does have different in regards to that this is why even its just $50 but we dont know on how big it is on a particular person specially living on a 3rd world country where value is already big.

You would definitely get stressed once you lost it because you do take up some shot for you to make it grow or big via means of trading.

No one would really be happy when losing money which its a normal act for a human being to do so. Balance everything and you should put up on your mind that only invest on the amount that you can afford to lose.

muratsink

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Depend how some one faced when getting problem, I see my friend is not ready when loss money although under $50 and looks very serious when getting coin bought down, for me get risk when trading and investing is my job and my style, how ever market later dump or pump have ready to get it without care loss much money or not.

coiner-88

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Accordingly, don't look and dissect the outlines again and again, it will possibly make you act reckless later in the event that you are at the constraint of your understanding. Since in exchanging and contributing, it is our understanding that will be tried, when we see the high points and low points of the outline. I comprehend that exchanging expected chance to screen diagrams and specialized examination however that doesn't mean we need to manhandle our wellbeing and do some restless evenings to screen the passage just as the benefit.

leea-1334

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Any time I hear people saying control your emotion while trading I do smile at them because I do know very well that it is not something that those who preach it can practice it. Emotion can't be control in a trade that money is involved quote me any where except money is not involved or just a demo account.

Right? Especially when they enter during a bullrun or rally like now,,, and stop losses hardly ever hit or they make more TPs than SLs,,, and then when the market goes red and trade after trade ends up either SLs or just sitting there doing nothing, their balance goes smaller, the red portfolio loss gets to them and then they just lose emotions.

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Quote from: Bitum on June 12, 2021, 04:56:12 PM

Quote from: Rruchi man on May 01, 2021, 05:22:08 PM

As a trader, there is a lot of ups and downs in the market, you could loose all your capital in less than a minute with just a very little analytical mistake. The importance of living healthy cannot be overstated to reduce especially the risk of stroke, hypertension or a heart attack which are all long term effect of the accumulated stress gathered from constantly monitoring the market charts, sitting for long hours and increased palpitations and heightened blood flow, which are all situations that full time traders experience.

Always try to give yourself enough time to rest, exercise and maintain a healthy diet as well a social life. All this activities help reduce stress both mentally and physically.

Good recommendation, I am of the opinion that mental stability and cold analytical thinking are fundamental things that you need in trading. One can have a lot to know, but if you cannot make independent and correct decisions, none of this will help

In trading indeed we must at least be able to analyze or read market movements,
indeed it is not easy and like it or not we need to learn it in order to make the right decisions when trading,
what is clear in trading we have to work hard because the risk is big

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Quote from: Rruchi man on May 01, 2021, 05:22:08 PM

As a trader, there is a lot of ups and downs in the market, you could loose all your capital in less than a minute with just a very little analytical mistake. The importance of living healthy cannot be overstated to reduce especially the risk of stroke, hypertension or a heart attack which are all long term effect of the accumulated stress gathered from constantly monitoring the market charts, sitting for long hours and increased palpitations and heightened blood flow, which are all situations that full time traders experience.

Always try to give yourself enough time to rest, exercise and maintain a healthy diet as well a social life. All this activities help reduce stress both mentally and physically.

Good recommendation, I am of the opinion that mental stability and cold analytical thinking are fundamental things that you need in trading. One can have a lot to know, but if you cannot make independent and correct decisions, none of this will help

newdevices

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Quote from: john_nautica on June 12, 2021, 02:10:53 AM

You could literally die from trading even if not from heart attack but if you deposit all your money to wrong coin which all of your money will be gone in seconds, you don't have to eat, money to pay rent and money to buy food. So if you are not wise enough to handle your money it could lead to many circumstances in your life.

if you don't take money from a loan, I don't think you will die, it's different if you take a loan to trade,
and you take the wrong position and buy coins at a high price, of course you will feel stressed,
yes if you play in the spot market you still live, and if you play futures trading you will die,

john_nautica

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You could literally die from trading even if not from heart attack but if you deposit all your money to wrong coin which all of your money will be gone in seconds, you don't have to eat, money to pay rent and money to buy food. So if you are not wise enough to handle your money it could lead to many circumstances in your life.

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