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Do you think that forex trading is difficult? how long is it difficult forex trading?

If according to ane itself really true forex trading is indeed difficult. But missed his pips. Not difficult to find profit, not too difficult to add analysis or strategy.

However,

1. It is difficult to stop when Profit / Loss lot
2. It is difficult to exit the market while not excited
3. It is difficult to leave the computer while floating minus
4. Difficult to sell OP errors
5. Difficult to CutLoss
6. It is difficult to stop when the target has been reached
7. It's hard not to be greedy

Well, that guy 7 is hard for a trader hehe

Happy trading guys emoticon-Congratulations

I want to say about loss cutting. Whether you are in the investment school of growth like O'neil or not, you should still choose the limit tolerance for yourself. Based on inflation rates, tax rates, brokerage commissions, ... build a personal safety circle where you can use the "consistency" for stocks that have fallen too far. allowed his threshold. Keep in mind that no investor always makes the right investment decisions. Failure is part of the game and most of the failures in stock investing are not due to our faults, so learn to make your failures both gentle for the psyche, just As cheap as possible for pocket money.

It is difficult to stop when Profit / Loss lot; It is difficult to exit the market while not excited; It is difficult to leave the computer while floating minus; Difficult to sell OP errors; Difficult to CutLoss. It is difficult to stop when the target has been reached. It's hard not to be greedy. I really really scare about this 7 problems.

Actually when I have too much interest, I can hardly stop. I see people with greed. Oh, it's because I'm too lazy to take too much money! Actually, when I have too much interest, I can hardly stop. I see people with greed. Oh, because I'm too lazy to take so much money!  ;D

:)),yes this is 7 difficulties of trade,everyone know but don't many people can do it,when the market grow up,we want grow up more and more and we hope it can x2-3 and x5,when the market falls we think it will recovery and we don't fear,when market fall down deep we see my money lose day by day and we can't sell because it is too late,when the market recovery again we sell all coin and wait the market fall again to buy at cheap price but the market grow up,this is vicious circle,:)),it is too difcult

I'm looking at greed as the most difficult situation to trade. Humans are more greedy than you know and a greedy human trading won't always like to put a stop to his gains but would want to drill everything and at the end, runs into trouble.

That is why we need to control our emotions while trading,and it can be obtained through experience in this field.But every field has hard faces too but if someone want to successful we need to overcome all the difficulties in their.Simply don't be too greedy. :D

absolutely right)

in the past, I spending hours at the computer observing the chart and waiting for an oppotunity to buy and sell, and when I bought it and then the price fell I was desperate and disappointed, so I sold with losses and in the The next day I tried again, until I realized many things, I started not to make the same mistakes. It is important to know the currency you are trading, and it is important to be aware of the news, is important to know when to enter and when to leave and never to be greedy.


is difficult when the person is in a lot of losses and the currency continues to fall every day

It is difficult to choose at the very beginning what and how to learn to create a trading system. This requires a lot of time and effort. Most traders fail in this task. Hence all other problems.

Will eventually known when we do research, trying it and testing were we will be capable and comfortable on doing it will really help. It is just a matter of trying and believing

Picking up the point about the difficulty in stopping loss, I would not say that should be a difficult thing for a trader that obviously know what he is doing. One thing you should always do before entering a position is to plan an exit strategy and if that is the case, a huge loss should not even be something possible.
If you know how to handle support and resistance, you should be able to stop loss in those cases of losing a particular support, so as to buy back lower if there is a bounce from the next one. Just thought I should buttress on that and disagree with stopping loss being a difficult thing to do.

Its hard because nobody know when to accept a loss and when to sell for profit lol

But sometimes believing is not really helping since there are sometimes that the news the scattered will not came true and those are just for hype boosters purposes only. That's the reason I always keep myself watching and securing my profits when I saw some massive changes on the price of the coins I hold.

I think the biggest problem that leads to success or failure in the transaction is the psychological problem, you can analyze the right technique, find out the correct information, plan exactly right but you I can not adhere to what was set out. You can see that psychology makes you afraid when prices rise and fear when prices fall, greed and fear never change.

this fact has been proven and I am experiencing this. as a trader I always find difficulties so my trade always loses.
I have decided to quit, only occasionally I do it on a coin that I hold for a long time.

8. It's difficult to trade like a boss
9. It's difficult to trade like a bot
10. It's difficult to control your portfolio in some certain of time
11. It's difficult to use leverage and margin account in order to maximize your profit
12. It's difficult to find orders of whales
13. It's difficult to have or buy information just in time to react properly
14. It's difficult to combine fundamental and technical analysis
15. It's difficult to .....BE YOURSELF

Regards

I agree with what you are saying, I experienced that in my life as a trader.
I think being greedy is the root cause of this problem, we always want to be in profit and we want to make more profit, this attitude would not bring us to success. We have to learn from our lessons and be realistic all the time because practice is way different in theory.

Im not into forex and most traders here were from crypto obviously, or some from forex to crypto. Its more than 7 difficulties that a trader experience and this things get easy or even closer to male profits of you control your mind simply how it is with using your strategy to earn. Crypto trading platform and forex was too far different from each other.

thanks for the useful information. I agree that all of the mentioned reasons are really factors that may be considered difficulties. The main one for some is to stop when you need because you may lose everything

Many people said 90% forex trader is hard to gain profit and got loss, and this is true because i hasbeen 2 years in forex trading but nothing, i never reach consistent profit because trading pair in forex always move, for example pair EURUSD we have to make analysis both price (EUR & USD). In my personal opinion will be more easy to trade in crypto trading that paired with fiat or USDT because we make analysis only in one asset.

   I think more than 90% of the people who trade are losing money, with forex or crypto trading. Market is
always working, price`s fluctuate all the time, that`s why trading is very hard job. People read about trading
here a lot, but without experience is hard to make money in trading,


   Every info given by creator of this topic is good as much as a person can apply it. It`s possible to practice control over your
decision`s, but I think it`s not possible for all the people. Trading is not for each of us.
   This list of difficulties can be avoided. It`s easy to discuss about them with clear mind. In moments of excitement it completely
different thing, in those moment`s it`s hard to make good decision`s. Again this is a practice, more practice can make someone
better in trading, but not all of us. Who cannot handle the pressure that is part of the trading should not trade, I recommend
investing and holding.

difficulty in trading for juniors and seniors:
1. difficult to find market
2. difficult to analyze coins
3. impatient
4.not focused
5. leaving the market when prices are rising
6. an estimate of buying coins
7. It's hard to find capital if it ever fails

i don't understand how to trading forex and i think forex trading and crypto trading is different especially crypto market more volatility than forex but the most difficult to me while trading is greedy and difficult to cut lost because sometimes i had a mistakes to made decission regarding this

Being greedy or too greedy is pretty fine if a person does not fulfill his desires by wrong means. There are right methods to satisfy one’s hunger and thirst of money. Actually, without greed, we won’t even bother to earn money. More greed means more work means more success and money. Taking a wrong decision and choosing a fatal step should not be put on being greedy.

so many problems in trading, these are 7 difficulties when trading:
1. difficult to understand the market
2. difficult to understand coins
3. difficult to sell coins
4. impatient
5. it is difficult to divide the time to see the market
6. do not know must be on sale or in grasp
7. analyze the coins

Yes, they have big differences when it comes to volatility, standard chartings amd price movements that can make you a profit. Difficulties are also different depends on the factors that affects a person who use to trade in one field and transferring from another.

Yes it is difficult because trading is gambling when you profit you want more so you do not stop and now when you are losing you want to get back on your loss or sometimes you stop because you lost to much.  

(First Iam confuse about this) so forgive on what will I say

Yes it is difficult because you might have lost and/or wanting to earn more like it is your addiction.


Yes one will earn by staying and looking at the chart changes but so base from what I know you can trade while leaving your computer.



            target has been reached   (((same definition as  Profit)))  

like I have explained to number 1 discussion that confuse me because the meanng is the same, you got your goal and you want addicted to earn more.

7. It's hard not to be greedy

Yes it is hard BUT IT DEPENDS ON THE PEOPLE

When it comes that we have reached our target and it's time to sell then I think that this is hard too because you are hungry and want to get more and more.
Some are similar to some others but this is real, I think most of us who trade or traded before know what is the feeling to trade something too often and what pressure is this to our head.
Personally when I traded everyday it was to tiring thing and I couldn't focus on doing something else with my mind constantly in the trading what if its price has dropped how to cover the loss and many things that comes to our mind.

The most hard to fight is yourself. Your eagerness to earn and thinking what strategy you would do next is one. Next is your disturb mind when you know and see your coins on dip and cannot do anything about it. Lastly, on how to get funds when your trading produces not enough profit.

Line number seven which talks about greed. I think once in the business, the only purpose is to maximize the output as much as possible. This cannot be called as greed for there are still a lot of people who have been holding their coins for other purposes as well and not just for profit. Bitcoin and other crypto currencies not only offer good profit but a bunch of other services which are very low cost or sometimes free of cost.

No matter what market they are involve to but the process is just still the same but the difference with forex and crypto is on volatility into its price itself but the whole idea or things mentioned above are definitely the true story of each trader on experiencing those things.Too hard to resist or too hard to avoid if you dont have a strong self control and a disciplined mind specially when we are either profiting or negative floating. Decisions would mixed up and thoughts or emotions.

These are the problems that most traders have encountered when entering this market. Most traders have failed many times in the market to gain experience and be able to succeed in the future. I advise investors to learn much about the market to always be active in the trade.

this is the reason why I switched from forex and prefer trading in crypto currency .. many things that I do not like from forex ,, and even when we are ambitious to get big profits .. who come just the opposite .. if in this crypto assets I can be more calm in trading

This is why self discipline is very important, equip yourself and be ready for the war, don't let your emotions ruin your trades. Also setting an entry and exit point is very important, place an buy//sell order ahead.

It is difficult to stop when Profit / Loss lot; It is difficult to exit the market while not excited; It is difficult to leave the computer while floating minus; Difficult to sell OP errors; difficult to cut Loss. It is difficult to stop when the target has been reached. It's hard not to be greedy. I really really scare about this 7 problems.

I think the difficulties of a trader are : knowledge in all system; efficiency in all cases; flexible responses; time allotted in all cases; expertise; handling difficult situations and make a immediate response.

Experience and risk management, plus networking with right people in my opinion. But I prefer right now ICO investment. ;) You find cool project with idea, team, like this (https://klvn.io/) and invest in, get $xxx and move forward up to next project. :) :)

Some difficulties for the trader is
-. If they have less money they will limit their investment
-. market change
- Depends on the government's main counterparts
-. hacked by hackers
- The market is diverse so they have to choose their own worthwhile investments

Those are true, and greediness takes place in that matter, if you are in that situation and you needed to decide if you are going to go or not even if you already feel that the profit you get for that crypto is enough but you still wanted more, it might cause of losing all.

I think the 7 difficulties that the trader encounter are; threat of initial loss, immediate solutions, flexible decision skills, time management, creative thinking, stress and efficient skills.

it is hard to stop when the target has been reached I think it is indeed the merchant trait most difficult to remove, because there is a greedy nature in every human being, when one has reached the target he will target the other and continuously like that.

Greed is hard to avoid, and it is important to have real knowledge about the deal and the type of coin you are investing.

indeed that makes people fail to become traders are always like that let alone no 7, all traders must have done it. it is very difficult to hold the emotion if it is getting a profit. A successful trader is a patient trader.

Yap, I agree with you on these points what you have mentioned about the difficulties of trading. because of having these problems, That's why people can't trade properly on that platform. So the blockchain system is much easier to trade than forex.

Not being too greedy isn't that easy to master, but thank you! ;)

Any difficulties are swept away with time and experience. My advise is to first try and make 500 dollars out of 100. Might take you half a year maybe more. But until you can do that, I would not call you a trader who can handle large amounts of money. FOMO is the worst enemy. Learn to defeat it.

Of course as a trader we need to defeat fears and hesintances mate, we can manage big funds specially the token holdings you had. No matter how much money had with you in your trading, you should need to learn to control yourself and avoid panic. If you listen to those FOMO or any other fake news that's a disgusting situation, because it might divert your visions and possibly that will make things become ruined.

Yes, these are some problem and good to mention here, I think for the solution of these errors the best thing is to just watch the solution of this error and keep in mind how to solve these problems and if you the solution than it has not any positive effect to disturb you.

Yes, in my opinion, seeing that there is a lot of greed as the most difficult situation to trade. Human trafficking will not always want to stop the acquisition but want to get everything and in the end, experience difficulties. In making decisions about this.

Yes indeed one of the most bad characteristics of being a trader is being to greedy and instead of exiting because you've already made profit you chose to stay because you want more. Then you get caught up with the bearish trend unable to get out then blames the coin for being a pump and dump.

The greatest difficulty people face trading forex is having a wrong psychology. This is where over-leveraging, no proper risk management and every other habit that make people lose comes in. Learning the skill is good but without proper psychology, no strategy will work fine. Losses are integral in trading but with proper risk management, one can always remain profitable at the long run

This is great explanation,  one more thing enemy of trader is difficult to follow the rules of trading and trading  plan.  Not patient and greedy make hard to make profit and finally get loss. The reality is 90% of forex trader loss money because have bad psycology.

You are quite correct on the things that goes on in the mind of a trader and how a trader behaves but it is very important to note that, every trader should develop a lot of features that would suit his trading style. You must not be greedy, you must follow a principle and you must control emotions in order to be a success in trading

The reasons you give are pretty good. I think anyone who joins the crypto or forex market has the same reasons. When we have not enough experience and bravery to be able to master their greed. When we are scared at the market continuously decline not dare Take a loss. Especially dangerous when running in the crowd, that is the reason why becoming a trader is always difficult. To become a professional trader, everyone must have lost a lot. The lessons of investing are extremely valuable so the price will pay off if you understand trader psychology and forget the news and stop running in the crowd.

What a neat list! Thanks for sharing!
#7 is my favorite  ;D

Really agree hahaha, specially the number 5. Because it's so hard to decide whether you cut loss or wait for another pump. But it is really to put stop loss always. Being a trader, you need to lost some of your money sometimes but not always.

That's a great list friend. You've really hit the nail on the head. So as I can't alter it, let me offer an alternative.The seven steps to becoming a great trader.

1. Knowing you know nothing, but not knowing what you don't know.
2. Naive confidence of thinking you know something.
3. Knowing you knew nothing, but now with the knowledge of what you don't know and, therefore, what to learn.
4. Learning what you don't know.
5. Thinking you know everything.
6. Learning what it is to lose something when you thought you knew everything.
7. Learning that learning never stops.

Becoming a professional trader is difficult. The only thing you mention is a sentence, which is the lack of knowledge and psychology is not stable. When you have the knowledge to do technical analysis, it will be simpler

The only difficulty in a transaction that I have often encountered is impatience, if we are impatient, it probably will never be able to succeed in the cryptographic market, so I think the main patience. is the key to success

When i first try to study and apply my trading skills i start rolling money for about 20$ so it's not a huge amount atleast i tried to know first how to connect and apply reading indicators such as candlesticks some sort of like that. My first profit was not big enough also, so two months after i earn some profit but not that big.  There are many difficulties to be discuss i guess. 

the starting point of a trader is number 7. It's hard not to be greedy. because of this all will cause us to lose everything because there is no sense of satisfaction if we are greedy

I think it is difficult to sell and buy at the right time but that's in fact very normal because you can't know the right times.

The most difficult is stop loss, which is an insurmountable thing as a trader. You can analyze right technique, find out correct information, plan accurately but you can not overcome emotion. You are afraid when prices fall, never win the fear.

it is true, being a very difficult trader is a stop loss, because most traders will panic when prices fall very drastically, and to control emotions, being a trader is very difficult and not easy for everyone to do.

For me, the biggest difficulty is when the market is in a bearish trend .I love the market in flat, then it is very easy for me to trade . And of course I prefer night trading, in the daytime just something strange happens to me .

It is true that trading during a night helps sometimes cause it is always noisy in a day time. As a result I can not concentrate and open/close positions.

There are many difficulties involving trading and the list you have given is not an exhausted one, but one must remember that the trading is not for everyone.

Right.You should have a long stretch of patience whenever you are in trading.There are no guarantees that you always make profit in trading especially when the market is bleeding it's hard to make profit at it.So study first the price movement of the market and learn to wait for the perfect time to trade to avoid huge losses.

To be a good trader it's advisable to "stick to the rules" rather than being guided by your emotions. When you move along the same path as everyone else(making quick profit in the flash of a pan), you will ask always lose a good opportunity at becoming a good trader. Principles work better than your emotions.

The cryptocurrency market is very exciting because it allows you to grow financially and really you set the limits, although obviously there are risks involved. Having ambition is essential to achieve success, if you want to bet on a new great project, I invite you to visit the following page: http://www.ultrapoint.net/

There should be a clear plan for dadaaud at this time. More needs to be monitored so that trends can be identified during this time as anything can happen. I think investors should be well prepared to make the right decisions in times of difficult market conditions.

These seven behaviors are indeed very human, each person tends to be overwhelmed by his own problems, namely not understanding in the face of the ongoing market willingness, ambition and greed which usually often poison their minds thus making the method of trading becomes unstable or not excited, even though excited often filled with uncontrollable emotions.

Yes that right, greedy was destroid me in trading and iam loss much money cause this emotion.  I passed 3 times bull market and i got alot of profit from it but cause greedy iam loss again. So one most important thing that i learnt from crypto is never ever be greedy.

oh you are right. those are very difficult to control.

No matter how we try and analyze it, if we dont have a knowlwdge and proper research on such coin we will never know what are fate in trading, we should do proper study before we get into it.

Really agree! Specially #7, we all trader are greedy hahaha, that is very hard. But if you start to know how to handle your emotion, you will start not to be greedy, being greedy in trading is really hard, you need to be strong and dont be a weak, don't panic sell or get FOMO.

I think there is still one that you have not mentioned, one of which is that you cannot control the patience you have and yes that is the main key to being able to get success.

Just keep holding your bitcoin because the price of bitcoin increases when we wait for a lot of people because they can not withstand their patient and sell it at a cheap price.

Impatience is not a difficulty, ignorance is! And that is basically what a lot of traders possess in this market as they are ignorant of how to trade a market, what they are holding, let alone have enough patience to be able to go through with a trade when they do not even have a strategy.

This would be a major difficulty as long as we have people who are busy looking for shortcuts to everything and they simply are not ready to go through the difficult moments of learning all they need to so as to be able to get the ease in making sound trades in the long run.

IT IS HARD to STOP trading after a series of highly profitable trades -((

It is never hard as long as you have a strategy and you stick with it. There is never any way the market will not give you a signal of when to be getting in or when to be selling as well as when to be stopping losses. However, all these are decisions that can only be made with knowledge.

And for a fact, not everyone sure have that. Greed only comes into play if all a trader is doing is gambling. Once you are able to stick with your strategy and make that a principle, you will be surprised at the way you make good decisions.

if I look at the current situation of the people that is the most difficult to do it is difficult not to be greedy, and also difficult to stop when the target has been reached, people now always want more when we have reached the target even exceeding them they always want to go further than that, I think if we are not grateful for what we have got it will always be like that, until the people lose it all because of their own greed.

for me personally, the difficulty of trading is to maintain the mental itself, we are too often lulled by the state of the coin position that is above and underestimates the matter of the FUD, so that when the coin we have is affected, the result is our mental down.

Yes you are right, there are different traders who are just selling their coins based on their emotions and that is the reason they lose most of their investments.

Trading is a very difficult and work with high risk. All the hard things  of such work compensates for the level of income and the possible fast  tempo to receipt.  Who can  do it  with the 7 difficulties - will fly out.

All these are problems a trader faces in this market. A trader needs to be disciplined and follow his strategy for maximum benefits. This is the best way to go about it. Also, greed is a killer and we need to kill greed off in this market

If we are impatient, we will never succeed in this world, and electronic money to succeed, we must have the patience factor. is necessary

In my own opinion fud is the reason why the market prices are dropping so hard so people should be more knowledgeable before they sell or invest on cryptocurrency.

The last point is the key. We are greedy creatures, we can’t stop at the right moment. However, skills needed for trading come with the time. Shaping your strategy and gaining experience is the only way to overcome the difficulties and learn how to control all the processes.

One major point in trading is it is difficult to cut loss and control greed if we can attain peace in trading with minimum profits then we can expect good long-term profits

The hardest thing that I experienced as a Trader was to control emotions.
I admit that when we cannot control emotions and also patience we will get bad results.
A Trader needs a knowledge, experience and also a chance. When a trader has criteria like that then success is getting closer !!!

well, I think the statement is true, and almost everything I have ever felt. I think the statement that made me think about it the most was when I tried to get rich, and made me become greedy. well, a lot of experience I got from this.

One of the difficult thing for me in trading is difficult to do cut loss and i just thinking and confident the price will be back going up and this is my big mistake because the price dumped hard to more than 50%, so to solve this my problem, now i only use crypto exchange that has fitur stop limit so i can use it for stop loss automaticly and i can reduce the loss without doing cut loss manually that i difficult to do.

Being greedy won't give you the profits that you are looking for, it might be the reason why you could lose it instead. In Trading, a lot of things should be consider before making a trade, it is not just about how good you are, how many profits you are making, and so on, sometimes you should know the word "mature" and "disciplined", because no matter how good you are in Trading, if you are an immature brat then that could be a problem.

If you are an immature could easily mentally breakdown just because you made a wrong decision, but if you are mature enough in Trading, you could handle all of the situation that you could possible face.

I have seen several people say things like this and that is because they still simply use emotions to trade and that is one bad thing to always do. As long as you know what you are doing, you have a plan and strategy before entering a market position, the ease to always use your stop loss as long as you know things are possibly not going your way will be there.

However, people tend just to rush into things, they do not practice well before even attempting to start trading a market and because of that, they end up flopping badly while realizing they have made a huge mistake but always to late to reconsider.

well, because trading on crypto or forex is not only from analysis and strategy, but also from self-control and emotions. and make patience the main thing. calm, slow, relax, enjoy. that is all the main important components in trading. for further analysis, strategies, targets, etc. are the second level to make maximum profit. so don't forget feelings, emotions, and patience. that is important.

Solutions:

1. Use good R:R with 1% SL
2. Exit when you identify bearish divergence in indicators/resistance/candle
3. I'm understanding this it's hard to leave computer when you're at loss = only take good R:R-setups with MAX 1% loss.
4. I've no idea what this means
5. Good R:R with 1% SL
6. No need to stop there if bearish divergence/reverse-pattern is nowhere to be seen.
7. Experience will help with this one, watch the trade progress through analytical eyes and disregard your feelings.

This business has really become a bit complicated. You are watching how the price of the coins is changing, and you cannot understand which crypto is the best.

Greed and some sort of emotion is one thing you should always rule out if you want to be a good trader. I have seen people said so far that stop loss has been a major challenge for them, but really it should not, if you know what you are really doing in a market, you know what to look at before entering a trade, you know what to do when you want to get out, and you also know what to look at to know the market is ready to go lower. Decision making in a market or any scenario can only be done right when you have the knowledge and if you are blank, you will always flop.

Lol I think it will actually benefit you, because greedy excess will only make you lose, because you will miss the opportunity to sell, because you are too eager to sell at a high price so you can make a bigger profit, even though the price changes in crypto are very easy to turn around direction

The point is not in difficulties but in a general problem which is hesitation. I mean you are ready to leave a position in time, stop trading and so on but doubt in your actions and start to look for excuses or traders like yourself. And after the finding, you continue to do the same thing.

all depends on self discipline. with strategy that has been implanted, sometimes we change in the middle of road, because of greed or other things. for that discipline is the best process to make a profit

Cutting loss in trading is not a difficult thing to do as long as you know exactly what you are doing. The problem with people is that because they have no understanding of how to properly trade the market, they enter positions however they like, they have no single strategy to make a trade or a plan before even entering a position, it would always be a challenge for such an individual to even understand how they can stop loss or where they should be setting it in the first place.

Trading based on the feeling only, can give us a bad and unexpected result in the long run. It is better to have a steady guideline/plans that we will follow regularly. If we followed just our feeling, then we will become a trader gambler.

Difficult is just because you don't have knowledge, tools and never practice. Always learn from our mistakes to built powerful strategy is never been done by most of us, always complaint will never help. Trading is not easy but trading is like art, combine many aspect to built one big picture. If you only stand in one with out see all part, loss will be yours.

The statement may be true but you know what it is all about use of mind according to the different market conditions if we treat accordingly then we will not face with any kind of problem. Greed does not make you face with loss but it is your choice to stay for some more increase in price if you noticing that price has gone high then you should sell some holding coins and to await few of them for some higher selling.