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     Im newbie in trading it is really hard to choose what margins if I will be in high or low margin. Due of not consistent value of the price I've doubt in myself if will learn in trading . One of my friend traders tell me more about trading and he just said to me that I must read more the sequences of trading and observe the graphic.

    Until I learn little thing regards in trading , cause trade it's not a consistent it is just an analysis of us. Being a traders I'll become flexible and to be risk taker no matter what I've lost in my traded.

I'm new here so hello to everyone . I'm a trader for 6 years now.Lost money with forex .Started again few months ago with a demo so no real money.But now only crypto .I have a win rate of 90 % now with my tradingstrategy .It's the same strategy I used on forex but crypto is much reliable on this.The only difficulty is to find a broker who is trustfull at this moment.If someone has good advice let me know please.There are enough brokers,bad and a few good ones  but most of them don't do crypto or not a big choise on this..

Traders don't have to be risk takers. If you are a good trader, you will manage risk of your orders. If you see big prob for risk rather than big prob for profit, you won't make your orders.

Every trader has to have loss in trading career but if you don't lose all your capital, you will be able to fix your mistakes.

Don't gamble and being a risk taker, if you bet and take risk, you will lose your capital. Believe me, your trading career won't end if you have capital but it will end instantly when you lose all capital.

Since what you are trying to do is closer to gambling than to trading, I advise you do this only with tiny amounts of money. Maybe turning to altcoins for start could be a good idea too (because smaller amounts are usually allowed there).
But you have to learn TA. You have to learn to understand the potential behind every news. You have to learn about stop loss. And only afterwards you'll say that you're accumulating experience. Now you don't. That's not learning of something useful.

Sorry if it sounds harsh, but I mean good. I've been in that boat, shortly, many years ago when the things were easier. Now the risk is too big and the competition from bots and more experienced traders is quite big.

Doubting ourself in early stages will never bring us anything favoring and Trading crypto damn man this is the Riskiest thing in the world , But this is also the most profitable of them all so best to try it best or not.
This is what we had learned from our Trading experiences and also you are good to adjust that soon while others took a lifetime to understandt this.

Trading can also be on long timeframe like a year. Don't see it as only gambling.It's not only scalping .Everyone bought crypto and it went  towards the sky..With good indicators we can forecast a fall ..So ... As I was saying i've made no progress on forex but crypto's are a better way cause indicators react more reliable on it .Not to many spikes. It's my experience the last month since I started with it.. 90% profit doesn't lie..The only thing is to find a good broker .. The ones who makes big adv. are the mostly greedy.. Overnight cost are ridiculously high .Also other fees....

nope mate a good trader can prevent risky situation wherein they are not a risk taker, such placing order once it reaches the support even they don't enough information what is the real distination of the growth rate. Its a big mistake.!
because a good trader isn't a risk taker wherein they knew already what will be the outcome once there's a perfect sing of bullish to place order and they just make an estimated price to sell off as well before the price fluctuate more..  So maybe you still need more knowledge because if your not like that you're not a good trader wherein you're nothing, just burning money.

By broker do you mean an exchange? I don't recall anyone who trade with a broker/third party who executes their order, at least not in retail investors. I don't think you need a broker either to trade crypto.

If an exchange is what you're looking for, it depends on where you live. If Binance is available for you, maybe you can use it right away. Especially for crypto to crypto trading.

for Binance it is a good exchange, because many traders also keep their money there, so there is no problem,
but if you are trading in a market that is not good then your trading is a joke, and your money will be lost, so be careful.

Or don't use margin at all. If you have to listen to friends tell you what to do, then you're not ready to trade on your own. Read a lot, but also observe a lot, and in the end put your own money and implement your own strategies.

This is the only "right" way to trade to own your self. It doesn't guarantee profit but at least it satisfies your question of: am I suitable to be a crypto trader?

It's okay if they answer is no too:)

You can have friendly advice from your friends or relatives in trading but never ever follow them abruptly because without research you are stake of losing your investments at early stage only.Risk taking is essential for big profits but you need to manage them efficiently.If you want to learn trading follow signals and observe charts and try to notice candles which can turn you to profits.Rest experience and your skills will help you a lot in trading field.Guaranteed profits or double your coins is always a scam so be aware of such project's in this volatile and risky market.

If you are not good at predicting the price which I think is where most of us fail, there is no shame in that. There are traders for years who still cannot understand why and how bitcoins rise or drop because the supply and demand theory doesn't always work.

I think the best option for you would be to invest in altcoins where you see some potential because the altcoin market is even riskier if you cannot analyze it properly. If you have the ability to do fundamental and technical analysis then altcoins investment might pay dividends to you. That said, I repeat, it's highly volatile and even scam coins exist so be careful.

It's a good mentality to bounce back and be able to take risks even after some loss but make sure you are learning why you lost last time. Doing the same mistake again and again and expecting different results is not going to work in the crypto market.

As a trader you really need to consider that losing is a part of it, you cannot become a trader if you never experience losing, losing is really normal specially when you are a newbie and you are still in a learning stage, collecting data searching some good strategy or information about trading etc., this was all not really a joke because it involves money or profit that can posibly loss when you do a wrong move.

Take those lost trades as part of your learning and dont get easily discourage and stop trading because of it because its normal and non inevitable thing because there's no such thing about being a perfect trader and when you are just starting into this market then its normal to commit those mistakes due to lack of experience and knowledge and this is where you do get your learning out of those mistakes.
You would be suppressing those things via experience and the knowledge you gained along  the way.Trading is no joke and this isnt something where everybody could deal with.
If you do fail but you do persevere then that what matter most.If you want to be successful then you should do your assignment and do your best.

Don’t trade if you’re still have a limited knowledge, that’s risky especially on volatile market and right now you might be one of those who are panicking and execute a trade on a poor decision. This is indeed not a joke and required a lot of time analyzing the market, I learn trading for one and a half year, so don’t rush yourself and always take time.

If that you were thinking, I could say that you won't succeed. If you wanted to learn trading then ask yourself first if you are willing to do this and to sacrifice your time to understand how trading works. You also have to know that this was not an easy job and the learning process won't just take a single day, a week, or a month, but this gonna be a long-term learning process. As every time you engage in trading IRL, it means that you are learning in the same way.

Remember the phrase about Rome that it wasn't built in one day. That's the same in trading, you have to build your own empire through thick and thin times because that will make you a better trader in the future.

That's the spirit, don't be scared with losses because it will eventually turn to profit and wins. Just don't be consistent in losing and in every lose, make sure and see to it that you've got something to take such as a lesson.

Sometimes you will learn from your mistake and your experience will be your guide to learn more in trading. It is not easy work because if you don't have knowledge about it you will have a lot of losses. In trading, you need a capital, knowledge, patience and you must be a risky person. Give time to research and figure it out while trading. One day you will find yourself improving.

I think you often have to discuss with your friends, how to do the trading strategy. and don't forget you have to practice more in order to get more experience. I think at first a lot of traders are like you, and this is like natural selection, where we have to stay focused on the main goal

I have quickly understood this when I was trading before and I got to the point that I was all in loose in my trades, I know if I sell I will loose big time and I decided to leave the trade in dip., at the same time it was an opportunity for me to buy more with new money but I don't have. The lesson, a trader must always have new stable money available in case the market goes dip against him to enable him bag more quantity of coins.

Failing in Trading is normal, failing means you're trying, and not failing means that you're not trying. If you failed, just keep on trading, but learn from your mistakes. Study on where you went wrong, for example is on how to analyze the market or how much leverage you should put to cope up with your losses or to avoid big losses in the long run.

In order to be a successful trader, you should not stop learning, watching YouTube tutorials or reading books would help.

Trading is far beyond reading and observing charts. It's more of practical than theory because being in a trade tests one's patience. This is where the real emotions of anger (while losing) or joy (while winning) comes to play. Quite alright, one needs to acquire the set skills for trading through reading but putting it to practice should be a priority here.

Again, OP should know that any trader who has the mindset of not wanting to lose will eventually end up a loser. It's a psychology thing. Place your trade and define your lose with a stoploss. Let the trade roll. So, always kill that spirit of fear while trading or quit trading.

Failing to trade is a common thing and it is a challenge and will also build your psychology better. Because trading is not only about getting profit, but how you can maintain that profit.

Trading is risky, but this risk can be overcome by continuing to study technical science well so that you can read the direction of the market well. do risk management, capital management and make predictions on every entry that is made. as much as possible to understand what you are doing, don't waste your money.

Just as your friend has said, you should study more on trading and understand it very well, because from what I have understood it seems you don’t have a single clue on how trading works. How are you going to be expecting to win your trades when you’re not good at it? So go back and learn it first, you’re even lucky that you have a friend who is a trader. If he’s really good at it then he can help put you through and it will even be more easy for you to understand it when you have someone that is there with you to teach you about trading than when you have to be learning it online.

The key to successful trading is to practise your skills whilst trading. The more you practise, the better you'll get. Off course not everyone can afford to lose money whilst still learning to trade. That's why there are free demo accounts out there. Most demo accounts allow you to trade for free with absolutely no additional costs. Some forex brokers will not even charge any costs to open up a demo account. It is therefore essential to search for a good forex broker that can provide you with the required demo account and educational support. I have used https://brokersuggest.com/ to compare the different forex brokers and to see what is on offer by each broker.

when you fail in trade it means you will loose money and since when loosing money became a joke ? but  we all cry when that happens .
your a noob thats why some things are hard for you but keep on learning and you will master them all soon .
the non consistency in the price is not the problem if you cant decide which side your going  to choose but in trading you need to work in both sides  because this is where the money will flow continously

But with new alts, sometimes you don't need knowledge on TAs, it is how well you know the project or know how to get the pulse from the dev team especially those pump and dump coins. So if you are a beginner, better stick to top alts or established projects. At least, you very well know that they are not going to disappear. And if you are not sure about the potential of the coin, just invest what you can afford to lose. So in case something goes wrong, it is not too hard to accept as it is not your life's savings.

I trade like you too and have failed in my trades, besides making a profit. We can minimize the loss in trading, it depends on the strategy in one's trading.
Maybe flying hours will make us do more to recover some of the lost capital if you experience it. I also argue that many traders are experiencing
a partial loss of capital in trading. But it can come back if one continues to be consistent and more careful in deciding.

- Perhaps the mindset of turning failure and loss into a joke is the mindset of guys who are inexperienced and have a gambling perspective, they don't know what trading is like then they just follow the normal instructions and think in the normal way then fail, a smile showing ignorance appears, they only see trading as a bet like gambling. A few times may laugh but losing too much will be a face crying and lamenting defeat, failure is another aspect of success but we need to seriously transform this process, instead of turning a blind eye to everything.

This is interesting, most newbie trades only think about all the profits they are going to make and when I see that I can almost guarantee that they are going to become long term losers, the ones that actually make money in the markets are the ones that come to the market with a defensive attitude, the ones that are thinking about protecting their capital first and then earn money, those traders are not very common but they will be on the market long enough to produce profits just because of that attitude alone.

If you want to be a trader, be a smart and wise trader. Losing in trading is a very common condition, but we must take lessons and experience of the loss. We can take the risks and we must be ready for the risks, but we don't need to be a high-risk taker, moreover if we are new.
trading is based on the chance, analysis, and also exact decision to buy and sell for every reached target price.
Keep learning more from many sources, including from your own experiences. And never follow the FOMO in trading

For experienced traders, losses have become a common thing, but for beginner traders, losses of up to -30% to -50% as it currently affects their mentality and eventually do Cutloss. it will mess up their minds, they are not prepared for the risks that will occur. Moreover, many currently enter only based on FOMO without doing analysis, so they are trapped at too high a price.
FOMO becomes a scary thing if you continue to follow it.
Learning from experience will be very good, for beginners who are just getting into crypto at least learn it first, read the experiences of everyone on this forum so they don't get caught in a situation where our psychology will continue to be played and end up getting big losses.

If you lose in trading it wasn't mean that you are already in failure. Of course, it wasn't a joke as you are losing money. But what many traders do is to use this bad experience to improve.
As you are learning in trading, you can't ignore this possibility. Yeah, only risk-takers can take this and I think you can do it. But I have to warn you that don't get too emotional. Trading is not a joke, in fact, many people had already took their life because they can't accept losses, and I hope this will never happen to you.

I mean their end goal is to earn profit in the end. They wouldn't be able to help it with that kind of mindset and I don't expect that a lot of newbies would get used to the two trends of the market maybe except the bullish ones.
Just like what's happening to the price of BTC right now, I can only imagine how many already exited the market while the whales are buying those dumped coins.

It's really not a joke, if you place order in wrong position, you might sell it immediately in the cheaper price. It happened to me in my early stage of trading and I know I'm not the only one who do it. Trading takes a lot of time before you have totally have gain. We must admit that trading takes a serious focus and takes a lot of knowledge. We must do it properly based on our statistical manner and graphs not just for our instinct.

Being a trader requires consistency and risk management to gain profits by minimising your loss(always take it into consideration).Always try to learn in the market and never be too overconfident that could lead to some serious issues.Try to learn from other traders mistake and convert them into your lessons and be active on trading section of this forum and you will have great exposure of market.Rest your funds your decisions.

In general, trading was not an easy market play. It is very clear to know that every trader must take their trading responsibility seriously and in order to get that, we have to acquire enough knowledge and skills and these will helps us a lot. And it is very important also to know our capabilities if we find good at trading then it was to say that we able to achieve our goal but if not, it is not a good idea to urge ourselves doing this as very often that you will only loss than making a profit.

You do not have to use margin trading with cryptocurrency because coins usually run very fast so that you can take a good profit with either scalp or swing. Moreover, because of the easily change in the price, margin trading is not suitable for newbies who have no experience with money management. Even I am a senior, I only use 2x~5x leverage whereas most exchange offer up to 250x in leverage.

There are many things you need to learn in trading. Therefore, try to read more books and understand the market with your own perspective. Be able to take risk is good, but recklessly involve in any risky trade is unacceptable. Trading is a long journey so do not give up. You can do this

One of the most common mistakes people make when trading is giving up when you have a loss.
and this often happens among beginners if they experience a loss, usually their emotional state will be greatly affected.
don't give up because everything starts from failure that will make you smarter and more mastered, and learn not to involve emotions, such as fear or FOMO and always give plan B, choosing a trusted trading platform and so on that you must master as a condition after failure .

Yeah man, FOMO always spoils the end result in my opinion. for in that state, normal and calculative thinking does not work properly. I prefer to trade safely (not too greedy is better), if you already have enough profit, then don't expect too much

You really sounded like a true newbie! One thing you must know and accept is that trading crypto currency is not meant for everyone for the fact that maybe your friend is making big in trading as that not a yerstick for you to be successful in trading. Just focus on what you are good at and later people will be looking out for you on how you are making it in life.

Day to day cryptocurrency trading is a consistent way of making money, and it requires you of constant reading, studying, analysing before entering a trade, it is mandatory to submit yourself positively in trading and that's what others fail to do, it's of truth that your friend is good in trading, do you think you can also be good at it? It might not work for you, so if you can exhibit the characters I stated above, then you will be successful in trading crypto assets.

It is not consistent when you are performing long term trading whereas the opposite requires consistency, that's short term I mean, right? I may ask, what are your plans, do you want to be a short or long term trader,? choose the best you can be and don't forget to use funds you can afford to loose as this is the primary rule of safety trading.

Failures in trading is all part of the process of learning on how you will deal depending upon the situation. It is just normal for a trader specially for a newbie to experience failures doing trade because even veterans do also commit mistakes and acquire failures. What you need to do is not certainly to take risk. Yes, you need to be flexible and adaptable in any situation to become a better trader but you do also need to play or get along on how you will deal with the risks and make those be favorable to your part. Failure in trading is not really a joke for we are talking about real money being traded and lots of hardship comes into this highly volatile market. What you need is strong mind and body to endure the stresses and serve those as learnings to better know what you will do once it happens again. Equip yourself with learnings to be able to cope up and not just to decide based on instincts.

Any trade has risks, but you don't have to take that risk (depending on the coins you use) and you should be concerned about your losses. If you conclude you have to be a risk taker to trade, then you will never find your profit. This is a trading, not gambling which can not refuse risk.

In some cases, traders lose moments due to greed who are always looking for higher prices to realize their profits. It is better to accumulate small profits gradually but consistently than to seek large profits all at once.

The new alt that was recently listed is still unstable and still very hype. As a beginner if you have the top altcoins it is still safe, but at least by analyzing each coin you can choose which one is good to invest in. Technical analysis is very important so that you know whether it is the right time to enter and when to exit. every altcoin has potential.
use your strategy to profit consistently and don't be too greedy.

So you do say that trading doesnt need for you to risk on just like on what you had mentioned? Of course you would be still needing to risk into something but the difference between gambling and trading is that
the level of risk and decision you would make you really vary on the situation.

Gambling and Trading shouldnt be collaborated since we are talking about business or investment on here which its just normal for you to put up some risk for you to be able to have some chance
on gaining profit.

Failed trades is inevitable and this is why we do keep on learning on how to deal with the market and trying out our best to suppress out that risk as minimal as possible.

What your friend said is right. You need to read and practice more about trading to have more experience and skills in trading that can help you make a profit. You should know how to minimize the risk in trading and act flexible base on the market situations, and not force yourself to enter the market if you think that the market is not good to trade. Losing money in trading is normal and every trader will have that experience, but if you can recover from your losses, not many traders can do because they will give up when they lose and not trying to recover. I am sure you can do that, but you need to learn more to be a pro trader.

right, mistakes in trading, so that it makes us lose is a common thing. That's when we are psychologically tested for structured recovery, eliminating the greed that always appears as normal humans. therefore trading requires a process to gain experience, as the main capital

It's not just graphs or sequences or whatever your friend told you about. You will need to see thru every news that will come out. Keep yourself updated on everything.
Will it give a positive reaction to the coin you are trading or not. Then, monitor the top crypto currencies too as they also affect the market of many altcoins out there except for stablecoins.
Trading manually is exhausting in the start if you are doing it alone. It's much better with a team to back you up with decisions you will make.
But if that is not an option, then every trade will be easier once you get used to it. Experience is what you need.

That is because they really don't understand how is the life of being a crypto trader. Because they often think that trading is very easy, they can make good money, believing about instant millionaire? These quitters are absolute no how about trading and they are not afraid to quit as they don't care about it.

A lot of people like these, not only for newcomers but also those who have been in crypto already. And if we have noticed, many traders will come during the bullish season as they can surely make a profit this time but to wonder why they will gone once the bullish season is over.

yeah right, it's not that easy but if you are keen in finding the right information, your chance is really good to comes up with
right position both with your entry and exit side.


You need to  check every grounds that affects the entire market, most of the time the market movements always
follows the current momentum.


You'll be able to assess that after you experienced the market, finding friends or someone who also have the same
passions with trading also helps you to enjoy and have a much better overviews within this business.

learning to trade must be done, especially in the current pandemic situation, everything needs money to live,
because many people are fired from their jobs when the pandemic occurs,
making many people want to trade, whether in the world of cryptocurrencies or others,
which is certain to do not trade. joke around, be serious and trade in a technically appropriate.

It's a big gratitude to hear what you're saying sir that one day I'll find myself improving and have a knowledge. So now  Im still pursuing up to learn and read the thread so that it gives me more Ideas.

It is good if you can get the point. If you can not do something, do not give up but keep trying and learning more because one day, you will break your limit and you will be able to reach what you want. The process will not lie to you but the process will help you to grow.

You are not alone. Many people out there having the same difficulty as you. Some of them give up to survive, but the others still try because they know that it will be temporary. If they can still learning and trying, they can get something in the future.

We all have to understand that been a trader isn't all about risk taking that are not healthy, those would engage in such are gambling thinking they're investors when the blindly follow the hype at the moment and invest in worthless projects that end up scamming them.

Trading should involved calculated risk, with all things been constant, you should know the outcome of a trade before you initiate it. The only time the story could change and doesn't favour you Is when there's a new development in the market that you can't control like a dump or spike due to men of statue having a said on how they feel of the industry and the market reacting due to her immaturity.

One of the problems of novice traders is that after a failed trade, they try to immediately open a new deal, without analyzing the errors that led to a loss. It becomes like a casino and trying to get back what you lost leads to new losses. Therefore, before you risk your deposit, you should do an analysis of what is happening in the market.

You may end up using leverage in crypto if you want to but you have to pick 2 things; either go with a very low amount of leverage so that you would know that liquidation will not happen that quickly (because if you do 5x it will get liquidated only if there is a huge crash like right now but if you have 100x that would get liq in a minute if it drops slightly) or you have to not hold it for long, leverage trading isn't suppose to be something that could be hold for days or weeks, I have seen people who buy long futures with the hopes of holding it for months until they made enough profit to retire, that is not how it works you should sell it as soon as you made a decent amount of profit, even a slight amount of profit (or even if you lost) because in the end you should only hold it for a small amount of time before giving it enough time to get liquidated.

Not everyone knows about this though, because most newbie traders simply jumps in to trading without any knowledge regarding the basics of trading which is pretty stupid but forgivable mistake. I had this kind of mistake before but the good thing is that I have a lot of friends who immediately pointed out the mistakes and mentored me although I have stopped trading for awhile.

Don't forget to control emotion, or maybe about analysis, try to look for site that allow us to do demo trading, with real price it can help us to be good at technical analysis, and then use real money after we think we really ready and try to control emotion with it. Because if we can't control emotion, something like FOMO, or be panic can come to us anytime.

Practicing your skills and your temper using those demo accounts will give us a good glimpse with how the market works.

There are many instances that failures to do your research and just entering the market without the proper knowledge leads us to lose
our investment,.

Do your research as always and find those places that will guide you how to work inside this business, it's a long process never to take a shortcut, risk is far higher if you'll choose the quick access.

And it is understandable that is what they want because that is the natural goal of any trader or investor, but very few stop to think about how are they going to do this? They want fast profits and they take all kind of risks when this is simply incorrect, they use too much of their capital on a few trades and as soon as the market turns against them, like what happened during the past week, they get ruined, a smart trader would have lost money during that movement but not enough to ruin him and his account, and that is all the difference in the world.

We are all finding viable solutions or ways on where we can able to make profit despite of this hard situation and trading is one of the solutions but it isnt a guarantee for you to anticipate much
because it would always matter or vary on how you do trade which would really be different into each person since not all would really be having the same capacity on making trades.
Trading is risky but due to to experience that risk would be suppress out thats  why we should really do our best on not to be wrecked by this market.
Loses are normal but one thing should be prioritize on where you should end up to be profitable.

If you are new in this market, you need to use small funds first to get the grasp of the market. Also, it depends on the coin that you are trading with. You need to be familiar with the developments of such coin. Without any knowledge about the coin, it is like you are trading in blind faith. You also need to follow their social media channels to know what's going on. It will help you get insights on what may happen next for the coin.

At least we have to have basic knowledge about cryptocurrency and that's important,
it's true that we follow the social media channels it will help us get information,
  the most important thing is to keep learning because after all it can make us successful

To start trading, maybe that was enough but it doesn't mean that we just have to be contented like that, we need to improve our knowledge and skill then just to cope with the competition. Just like in sports, we need to practice more and more, the same thing must have to do in trading if we are aiming to fully understand this.

Losses, failures, it is a test of ourselves and patience. If we don't do anything to change this, these things will be our common ends and it leads to quitting.

It should be like and a sense of satisfaction is our opponent because if we feel satisfied, of course it's not good,
over time we also need to increase knowledge and skills as you said,
with the increasing amount of experience it will also affect decision making when trading

I also experienced losses in my trading journey as a newbie but I never back out and never lose interest in it, I always check my mistakes to know what was wrong with the trades, most importantly I started my trading journey with the amount of money I can afford to lose, I tried spot and margin ( cross and isolated) before finally sticking with cross margin  which I believed has a reasonable risk to reward ratio having studied all the types of trades, while trading with binance, a lot of newbies traders intent was just to get rich quickly thus trades with high leverage and get rekt.

yes you are right, failing in trading is an experience, not a joke, I have failed a lot of time when trading, and it taught me what trading means,
yes I am grateful to be familiar with crypto trading, because in this world of crypto currencies I can buy a house trading results,
joke? yes this is a joke if you find it funny, but trading is not a joke!

The main thing in trading is when we lose, it is always less than when we make a profit. And to avoid margin call in trading leverage, for the better always use only 1% of your trading balance for each trade. We cannot avoid losses, but we can minimize losses by always using stop loss, trailling stop and other money management. Make profit from Trading is about how to make the probability of profit is higher than losses.

therefore we should not be tempted by other people's profits that can dazzle our eyes. we must first learn about the strengths and weaknesses of trading. by understanding all that at least we can manage finances in trading, what we need to remember is that no success is achieved easily, so we have to go through a tough process.

I don't know if that works in real life because what happens to me is that I lose more money in trading than profit. That is sometimes I think that this place isn't for me, I quitted sometimes but I just come back with good results that is why I stay in trading again.
I know we have the same goal in trading and that is to gain more but we can't dictate the market just to be in favor of us. Whether we like it or not, losses could still be there and always happening as it adds life to trading. It can never be challenging if we don't suffer losses, IMO.

This is the thing, at the beginning some basic knowledge could have been enough to beat the markets as they were full of people that did not knew what they were doing, but as this market becomes bigger and more sophisticated then your level of knowledge needs to improve otherwise other traders with better skills are going to take your money away, and as traders and investors that is something that no one wants to happen to them especially if they have invested all their money in this market.

Well, there is, --stop loss is a very common strategy and this is also a very safe strategy in trading, this is most common of those who are just scalping the market but it does not have a guarantee that you will always make a profit in trading. That is right, failure in trading is not a joke, it is involved money that for sure comes from your hard work, you should give value to it. In every failure that we have, this will serve on us on how to avoid and not repeat again in the future. Do our own best not to become a failure in trading, it has a great advantage if you are knowledgable enough, technical and fundamental analysis is the first learning option of mine.

When it comes to safety-ing yourself on getting wrecked then stop loss would be the key but there are people who doesnt really like to make use of this because they are minding about recovery.

Fails or mistakes in trading is inevitable and this is why people shouldnt really be mindful on how to make out perfect and profitable trades because it isnt just possible to do so.

Thing here is that you do know on how to handle out yourself in times like this and pursue out and make out goals and targets into your trading.

As long as you are in trading, you can never see safety assurance here and there is no such thing to find in the crypto world. I think nobody has ever suffered losses but all of us but if we take this seriously, we only got wrecked.

Please don't ever think that if we lose this time, we never have to lose again. No, we can still be losing again especially when we are too careless and we don't work properly on our trades. Have it focus and enhance our knowledge and skills as they are the helping tools to help it out.

exactly right! losing in this market is not a one-time deal. even these so-called crypto experts or trading experts can lose again and again. a lot of us will experience losing again but we can always minimize our losses by applying what we have learned during all those years in trading.
in this market, you always need to be on top of things. otherwise, you will lose a lot that may significantly affect your financial aspect, as well as your mental well-being. if you are not careful, you will lose yourself in this market. you always need to remind yourself about your goals on why you are in this market and not be gravely affected by what is happening in your portfolio.

dare to take risks will be your valuable learning experience...

Trading does not only discuss theory, many do not want to hone their skills by practicing live trading. If you are afraid of losing your money while trading then don't trade, trading is only profitable if it is done by those who can control their emotions and thoughts.

In doing crypto trading you don't need to look for broker for you to do trade in the platform exchange.
This is not like Forex and that is too much obvious right? Just be aware that here in cryptocurrency trading
you need to be willing to take risk whatever may happen every time you do trade. Because if you don't and not ready
to take risk, therefore you are not suitable to stay here for long.

I don't think it's called brokers when it comes to crypto, I would say an exchange instead, either way not important! If you are planning to trade I would recommend Binance, it's the only one have used and it's very easy to understand, you can set buy and sell orders!! So you don't miss out on profits ;D ;D

If you still want that forex meta trader feel, a friend recommended Tabtrader, enjoy

It is most advisable that every newbie in crypto or Forex trading start with a demo account, I once was a Forex trader and I started with demo, in demo, one get to learn everything about trading before going into a live account, some advanced crypto exchanges today now offer demo trading, as a newbie, you can open a demo trading account and practice advance trading with it for atleast 3 months before advancing to main/live account, this will help you tremendously, as you will get to know how to use margins effectively, know what right leverages to use at a give period or some market circumstances, know how to effectively use stop losses as well as knowledge of how to do technical analysis and reading charts, all this and more are what a professional trader should have a good degree of knowledge of for a profitable and comfortable trades.

Most of those successful traders are the one who are not in fear facing the high risk of their investment, from that point every experienced have a corresponding learning.

Take the risk and face whatever outcomes your trade gives you, just be positive and always see the good sides, if you lose your place try to enhance your knowledge before trying it again,

if you win, then never to stop adding good patterns, test and execute if you succeed just keep rinsing and take the advantages.

You don't need to have trading signals, what you need is to be able to be knowledgeable with charts and you know how to read it. Trading signals are just for those who don't want to improve in trading or just a casual trader but it's not always that accurate, mostly.

It's been said with those people who have experienced trading signals that it's not really profitable at all. They'll give you some insights about the market but it will up to you if you think they're helpful and might even charge you for just getting in.

Trading is no joke, its were the money actually lies in cryptos since, mining is far too up for a newbie participation. The next thing falls to trading and depending on your account size and expertise, you could choose how to trade. Either as a long term or short term trader but, they both need a lot of experience.

You've got tonhave acquired some state of the art experience because, its everyone, experienced onces after your money except in the case where a crypto enthusiast plans to hodl. Otherwise, trading is no joke and when you want to go into it, make sure your fully prepared and if you ain't sure, demo trade until your sure your good to go.

Trading is not really kind of easy buy as a trader definetly you have to lose sometimes but I believe you profit should be more higher than your lost and you have to learn about risk management before you go into cryptocurrency to reduce your lost. And if you are into future trading I believe to manage your risk you have to always use low margin to reduce lose of money you can't really predict any coin so anything can happen at anytime that's why low margin is always advisable.

Traders tend to recover their losses with their next trades. And to cover and recover the previous loss, they have to maintain a higher profit than that loss.

But you have said that it's not an easy task. Because the market sentiment is changing from time to time but for experienced traders, this is a very normal thing and they wouldn't care about their losses as long as they are consistent with their gains.

Much important if a trader wouldn't give up on their respective holdings, because someday they'll be blessed with the potential profit that they might acquire. However, it needs more patience instead of worries as market behavior became so unpredictable. As of now it tries to recover what have been lost from previous downturn, so let's embrace every pumps and have satisfaction on particular price developments.

I suggest to you trading crypto in volatile market and current condition is risk of losing money for you, Trading needs management, knowledge, strategy, timing, indicators, assets, a good portfolio that you must have right now, if you look at the market conditions.

If you do it now you must have an active strategy that you must master in trading, it takes time, knowledge and monitoring of charts constantly and also involves good portfolio management you should do, With that method all you can trade within a certain period of time to get a profit, otherwise you will get a loss.

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Sometimes there are those who don't do all of these methods, but they succeed and get big profits, why is that, it's done for those who have a lot of capital aiming at one of the cryptos that have good opportunities in the future, an example occurs in some coins such as: Bitcoin, doge, ADA, ETH etc within a year or two, by doing that you don't need to do many methods, you just buy at the lowest price, monitor and sell when prices soar, all you need to do is wait and be patient.

This attitude is precisely what causes so many issues, people trade in a way that assumes they are never going to lose a single trade and this is simply not possible, even the best traders with the highest winning ratio possible are still going to lose many trades in a row and if you cannot take a few losses in a row then you are going to make mistakes that are going to cost you so much that any chance to recover your money will be gone by the time you understand what actually happened.

They tend to choose to become a trader and that's why they won't just settle with their holdings. It is common to have holdings and if somebody who holds wants to trade, that's making him want to earn more or accumulate more as he trade.

The satisfaction you're saying isn't going to stay forever. We're all bound to hope for more and higher prices, more in accumulation. And that's why it never stops when you see someone wants to trade for more.

The self-improvement process described above is only natural for those who are doing well in the little trading volume they make. Of note, it is much easier to trade in a bull market because if you hold for long enough with all the coins popping you'll end up in profit but this is not the case in the bear market.

This is why many traders when they encounter losses get disheartened and lose interest but the key to success is perseverance and learning. It's like saying you're never going to walk again because you fell a couple of times.

Some new traders think that kind of way. Treating trading as a money machine without even trying it. Some of them just saw someone gained pretty good from trading and they think that it is easy to win that why when a losing trade happened they simply just broke down because of their carelessness. Losses/Mistakes/Missed opportunities are just a few experiences that a trader experienced before being a successful trader. These experiences are just stepping stones to become a profitable trader. Underestimating trading could put you at a loss.

It can be avoided if you already experienced the same exact thing, trading is something that you can adopt and enhance your chances,

if you keep failing yourself then it's not for you and it's better to find other venue of investment, but ifyou really think that you can

excel from this business, best to see all the potential and be positive to how you deliver your decision making.

^ Just think that trading is a sort of gambling but the chances of winning are different. Not all the time you will make money in trading, because in trading if there is prey and predator in a cycle you lucky enough if you belong to the predator which makes you will make money a lot than the prey. So, before deciding to step down into trading, think over first the possible scenario of having loss. Because not all the time trading will give the best result, sometimes there is a failure and that failure you should know and accept when it comes, as long as you can never surrender.

I am new in trading, but taking a high risk may be not good enough if we do really not know about crypto trading well. Sometimes, we are not trading but only gambling because we don't know how to analyze the market chart and also fundamentals. We only put attention to several coins and buy them when down and sell when high. It seems simple, but in fact, it may be likely gambling and this is very risky. That is why although we can take the risks,. always consider what kind of risks and the limitations of the risks that we can take. This is in order to limit and manage ourselves losing more.

I've felt that disappointment when I've incurred losses before.

I thought that there's no way to recover but there are several methods that we can do and one of it is trading. But the mental breakdown of it is strong especially if the amount involved is quite big and you can't talk about it.

Because you'll feel the regret that you should have taken the profit already as you hold and when you trade, you'll just remember that moment which will give you disappointment.

Disappointment from those mistake that you had will really be just normal but we should really move on and dont look back into those past mistakes because we would be definitely be bothered and would result into possible mess up decisions that we might make.

Losses are inevitable but thing here is that we do know on how to handle up the situation and looking for ways that you would able to handle the situation.

There's always a way if we do talk about recovery and able to suppress out those similar chances because of such mistakes.

But despite these all things, we become even stronger and able to stand. Losses, mistakes, failure, and all the negatives will surely have come to us IRL. However, these things also give us the light and direction where we have to go. But no matter what we do, no matter how careful we are, it absolutely will come at any moment.

What I could advise is to be prepared for this. Nothing we can do but humbly accept it and have no regrets cause that is the result of what we doing.

Aren't you just gambling right now, which makes you prone to higher risks. What other traders makes them much more better than us is that they study a lot about trading (reading books) and of course the experience of them in the industry. You can't possibly short cut the experience part, but you can surely lessen the gap if you start to study about trading. This way, you will not be mortified by happenings that you may experience.

Although you may learn this by time, you can't just learn the terminologies discussed in the books. If we compare it to something, it is quite similar to game of chess.
- Professional Chess Players = Experienced trader
- Similarities are they are both experienced and read a lot of books regarding scenarios that happens in their respective field of expertise.

Mistakes are stepping stones and if you cant accept those mistakes then you'll never grow into something you are dealing with.You should accept it and look back on what you had done and realize and point out which are the things are not correct and with due time and experience you would able to grasp the main idea and will really increase up the chances of making profits but dont remove into someones mind about losing is an inevitable thing.
Important here is that you do able to sustain yourself into this market.Learning is a continuous process.

Trading could be like gambling but the big difference is that your chance to win is bigger compared to gambling. However, this only happens to us when we are smart enough to make decisions out of following our emotions.

Experience traders have the advantage, I know they can make good in trading but for sure, there is a time that they will suffer losses regardless of how careful they are. Losing may somewhat not a joke but I take this as an opportunity for us to grow and learn more.

well im also new at trading and i highly recommend to hold rather than trading early, because i think you will have a bigger profit. and i recommend that yu should give study to the coin that you will buy check the investors as well as the history of coin because it has a huge influence in the ups and downs of the coin

Yes.

The great lesson that one can learn from that is we're able to handle the next situations that we'll be with. Tackling it will be easy and it won't hurt you that much as much as you've been hurt for the first time.

You're enduring it more this time and at the same time, you're applying what you've learned.

Everyone makes mistakes, there is no one in this world without making mistakes. Likewise with professional traders,  they must have been wrong
and failed. Therefore, professional traders who are successful, usually learn a lot from the mistakes they make. So that it does not happen again
in the future, because we will not be successful traders, if we have not made mistakes and experienced failures. Because in trading failure is bound
to happen, it is part of the process to achieve success. So people who are afraid to fail will never step, and will never be successful.

People think that crypto trading is so easy, it's like buying at dips and selling at high. I am a HODLer not a trader since I lost every time I trade. Trading is an art and anyone trying to do that must learn it before. If you are new to trading and jump with high capital then you are deemed to lose. Always start with small investment.

Hodler? Hodler without being able to read charts is a lucky hodler if you are successful in investing,
because in the crypto world the thing to learn is to read a chart, or technical analysis and fundamental analysis,
of course this is something that traders really need to understand and investors before trading, because if you lose it's not a joke

Well from what you have said with your little experience in trading, I would say that trading is not as easy as we'll think it could be. It requires patience, time and work input for one to really get more incite of what it entails.

One has to be deligent and consistent in order to make sense coupled with some other factors that are required in trading.

The solitary trouble is to track down an agent who is trustful right now. In the event that somebody has solid counsel let me know please. There are sufficient agents, advertisement and a couple of good ones yet a large portion of them don't do crypto or not a major chaise on this. Trust me, your exchanging vocation will not end in the event that you have capital yet it will end in a flash when you lose all capital.

Becoming an expert in trading is not as easy as most ordinary people think. It's not like buy low and sell high because to become an expert, technical and fundamental analysis must be mastered well. Most beginner in trading are believed to have not mastered analysis, but they like to gamble with market fluctuation and expect price to rise. Maybe they will consider some suggestion before starting to trade, but without good analysis it usually end badly especially when they still love day trading.

People in general think that trading is easy, after all what could be more easy than to buy a coin at a low price and then sell it at a high price, and yet despite the apparent simplicity the ones that are successful have developed incredibly complex strategies to profits from the markets and many of them have degrees in mathematics, physics and statistics, so it is better for most people to not bother as most likely those trying to profit from the markets do not have the necessary skills to even get close to their goals.

they trapped in it , earning huge profits only in short time be their purpose in futures trading. successfull in spot in trading should be first and main term before we move to futures trading. but mostly , they have no analisys skill both in technical fundamental but directy use this feature.and finally lossing their money will be an bad experinece for them. 

You need to find out about stop misfortune. Also, just subsequently you'll say that you're amassing experience. Presently you don't. That is not learning of something helpful. Additionally, you should keep an eye out with regards to how much cash you are placing in your exchanging in light of the fact that you may be losing a ton of cash that you are in an ideal situation betting the cash, likewise acknowledge the way that not every person can do exchanging.

Traders should be not a risk taker bro.. Coz it's about money and if you take all those risky situation it will be difficult to regain all your lost in it, better to think about it.. In fact that's why other traders really put efforts when it comes learning different ways in trading just to avoid such situations..  So don't take all the risk and must educate your self more to prevent it.. The goals is to make more profits not to lose money.   ;)

Acceptance play a good role into this business, if you keep failing better to assess if you have those qualification and see if you can continue to go ahead and how much risk you ca n embrace to reached the success inside this business, 

If you don't see yourself succeeding even you done your best, you have to acknowledge that trading is not for everyone, there are lucky traders and experienced traders who knows how to play well and adjust in each situation the market brings out to them,.

Trading failure should play as learning experienced , else, better to change path and look for other things for your investment.

Yes, I also think margin trading isn't recommended for a newbie, it is for professional traders. Why don't start with spot trading, right? It is easier and safer for a beginner than choosing margin. Once I come first time in crypto, I also started with spot trading, I have no big problems and obstacles in spot trading. I cannot imagine if previously I started with margin trading. Maybe I will quit early from crypto trading. :D

One of the reasons on why people do jump on leverage or margin is that theyve been attracted on the outcome or the profits that they do saw can possibly earn without even realizing on how risky it is.

People would just eventually learn up from their mistakes when they experienced on getting liquidated or lost up money.When you are just starting
on doing trades then its better directly go with spot.

Never touch leverage or margin if you dont know on what youre doing.

Tradimg should be approached with all the seriousness you can muster! Before you open a trade, try to gauge your level of competence and understanding of technicalities involve. If you find yourself wanting in all of these areas, you must stop trading as you will just be gambling not know what you are doing! Another option for you is to base your trading on fundermentals, that will save you from have to read candles, trend, sequences etc.

Some traders wanted shortcuts and they want a quick and easy market returns that is why they don't bother themselves nor learning those stuff but only to disregard them. Ain't surprising that many had failed and suffer losses because it was their doing and its fault in the first place.
That probably losing is not a joke and to work it hard and reach our goal will it make sense in the end, not full of regrets.

And yet newbies think the opposite, they think that if they want to make money then they need to take huge risks and use a huge amount of leverage in order to win a lot of money and we know that sooner or later a person like that is going to lose all their money without even understanding what happened, however the trader that has realized that truth will make money in the markets for years as they will simply take advantage of the moments the market is skyrocketing while at the same time losing just a small amount of money when the market is crashing.

Common newbie problem but they;; soon realize that the thing that they had done was suicide because touchingleverage when you are just a newbie is really like playing with fire.

Failures in trading is common even with the most professional into this industry where failing trades cant really be avoided due to unpredictability of the market.

Its not a joke but somewhat it can really be handled out well if you do know on what you are doing.Stick with the plan and always set out back up once a strategy had already been failed then try for another one.

Taking shortcuts in trading is certainly not the right decision,
I think it's actually detrimental to them and of course they have to bear it themselves,
what is clear in trading we need to work hard even though it's not easy but it's important

And those types of traders are the one who keep losing their money most of the time, if you are basing your participationonly with luck the chance is to slim for you to success from this venue of investment.

Not ready or rushing things out, they are just been allure by those sweet promises that they've seen from those influencers.


If you focus yourself and take things seriously, the chance to improve your trading strategy will help you to find the right system.

mistakes in trading are commonplace, and can be a lesson for a person himself, if he can accept it,
if not then mistakes are mistakes and indeed not a joke, there is nothing more than that,
mistakes always have a source, and the source we must admit, is it from ourselves, or does it come from other people?

Very true and obviously everyone has made mistakes and that for me is something natural,
with the mistakes we make, of course we can learn from these mistakes,
so that in the future we will understand and not repeat the mistake

It's true to make mistakes when trading is common, so there's no need to panic and worry if we make mistakes when trading.
Even professional traders make mistakes several times, the most important thing is that we don't repeat the mistakes we have made.
Maybe without making mistakes we will not become successful traders, by making mistakes when trading, then we better understand
how to make a profit in trading.

There is no doubt that leverage can give you a massive amount of profit IF you are trading in the correct way. But if you are trading in a wrong way, chance you will lose a huge a mount of money or make your balance liquidated. So better stay away from them.

You're absolutely right! In fact, it's now a cliché to even advise anyone to buy at a dip and then sell at high because it really makes no much sense. Anyone can offer that advice without knowing jack about trading. The point I'm labouring to make here is that no one really knows where the dips or highs are. We merely speculate.

A hodler is also a trader but a position trader (a long term trader).

Again, you're absolutely correct! I'm an apostle of "learn the prerequisite skill sets for trading before venturing into it "

We can not eliminate the risk of trading but we can only possible to reduce it by using risk management. According to my experienced in margin trading, i failed because make too high target monthly profit so i use high leverage and high lot transaction too, and second one is I did scalping trading, this is other mistake that many traders been loss money from it, because scalping is more risky than swing trading. Avoid greedy in trading and make target profit monthly about 10%-20% and patient to compounding it for 1 or 2 years. That will be promising huge profit.

It is also important to not take life and trading as a game either where a loss starts looking to you like a defeat. It is important you try and make a profit but if trading is not working for you there should be no shame in accepting the fact and moving on, instead of overthinking about the defeat and trying new strategies to recover from the loss and come out victorious.

Not everyone can earn from trading just like not everyone can play the same sport because we all are different from each other in some ways which mean we have different abilities and skills.

Try and correct or improve on the mistakes you made in previous trades, if still you are making news mistakes every time or making the same ones despite knowing them, then simply avoid trading before the loss is too much to quit trading.

You can't be a successful trader without first being a risk taker. Its just doesn't work that way because, every position in the charts or market carries with it a certain degree of risk. It might move a few pips against you at first but could soon rally back up in profit. Mind you, trading is 90% analysis, analysis that could be always wrong and could be very regretful but in that, you gain experience on a lose.
How you take it determines if you'll be back trading or not especially, when the lose is huge. You keep coming back each time you fail and doing as much as you can to avoid previous mistakes is what counts. Get acquinted with a strategy, build up a risk management strategy and you might have a good shot at trading.

It is not possible to trade without risk you should not give up if you have failed success is possible only by overcoming failure. Properly analyzing the market where the loss has occurred the next step is to avoid the wrong time follow the trading time trends that will not hurt you looking at the upside so really fruitful bull market a trader must survive the stocks in which the price is likely to rise the stock prices are likely to fall during the bear market on the upside attempt to identify.

I would even argue that using leverage even when you are a winning trader can be a mistake as it is a completely different beast to trade the market of cryptocurrencies when using leverage, I could understand those that are making use of leverage in the stock market that does not move as much, but here where the market can move more than 10% in either direction in a single day or even less then there is no point of using leverage and you are just adding unnecessary risk.

Trading involves risk; the greatest risk is taking none at all. You must take chances if you want to succeed in life. My first trading experience was not enjoyable because I lost a lot and was on the verge of giving up. I was the one who created this harm because I preferred to handle things independently.
Finally, I'm learning it from a friend, and I'm doing so gently right now.

A good trader don't just take careless risk rather their risks are wise decisions from a valid prediction of price movement. Margin trading is the worst form of risk for a beginner trader because no matter how confident such trader might feel their chances their greed level have not been dealt with yet. At most starting with your own funds then over time having built enough discipline margin trading can be considered that is if it is necessary at all

We all have failed many times in trading and we should not look it like failing is not part of the struggles. Even the famous traders that we know now have failed in different occasions. I thinking failing do make us struggle more with more quest to learn more so we can earn more. Lets take the pain and get what we want without looking back.

I agree with you, because some of the potential traders has experienced many losses from many projects in the community but they still remain strong and learned more that made them who they are today in profits making. As a newbies, never allow your failures to allow you to quit trading because they are part of some of the things you need to pass through before you can become a professional in profits making. Now that we are in bearish market, it's not advisable for anyone to sell at this point, because the market price is not looking good for anyone to make a good profits.

there will not even be any improvement in this self or our skills in a trade.

everyone who trades and invests I think has experienced failure or loss. not according to the expected plan I'm sure it's normal.
therefore, some people who already have good experience in trading, make some backup planning. it's like rearranging our investment or trading plans.

You can't do trading perfectly in just a glimpse of an eye. Trading is too broad and will take a lot of time for you to adapt and learn everything about it. You will surely experience lots of losses and failures but things should not end there. Those mistakes must serve as a lesson for you to be a better trader. Some mistakes are meant to teach us and we better take trading failures as a challenge. As long as we're learning then we should move forward and strive and try to make more profit through our own strategies.

Yes, in fact when I was starting to trade, I was always afraid of losing, and when I lost I was embarrassed to say or affirm it, but this was because of social networks, because social networks tend to fill one's mind with good things, that traders never lose, that they are millionaires, that they have the latest model cars and many more things, know that they are setups, it is very normal for one as a trader to lose, but to know why he lost, that is very important because This is the only way to learn much more.

Agree. It is impossible to trade and invest perfectly, without failure. Everyone should ever make a mistake and experience loss. Sometimes the loss or failure is caused by the wrong strategy in investment/trading, or an unpredictable dump/drop. It is simply difficult to avoid because crypto market is very volatile and easily changed if there is a hot issue or news. What we can do is take a lesson from the failure/loss, so we can have a better strategy/plan to trade/invest in the future.

No trading that does not required a lot of understanding risk so therefore threading is totally made up of take so if you're not a risk taker that is no way you can survive or progress into cryptocurrency because trading of cryptocurrency is full of profit and again which is lost so whoever that is into threading have a mind that one day it will loss it money and some time to it will lose little money. The assurance of making money from trading it's not really clear or okay

What makes many traders failed moreover new traders is curiosity and overzealous wanting it by all means will always keep you at the loss part of it, as a beginner or someone who wants to deeply go into trading is first develop the skill and apply the principles of trade moreover to be more patient while trading. Take out time to study and assign a portfolio which would be better for you onlike being at the easy money making part. I believe your failure will result you to learn more before embarking on trading again.

Yes I agree with this many traders failed in the ways to get profit fast or see some previous years chart growth. Crypto has given best returns in this world so far but those time crypto is a new invention now crypto has become a normal share market where you can see 2017 returns. Be prepare for latest crypto news and trend to take steady profit and progress.

Trading is very hard and requires a lot of time and experience to be profitable. Everybody can be lucky a few times and enter the market at the right time, but eventually luck runs out. There is nothing wrong with struggling as a beginner, we all started somewhere. The most important thing is to not trade with all your money in the beginning. It's much better to start small and get some experience first. Technical analysis is a good way to get signals when to buy and when to sell. Reading some books about it can help you a lot. Another tip is to look at positions that are losing money more closely before you sell them. Just because a coin is falling in price doesn't mean it is a bad trade. It can be the case that the whole market is tanking and your coin still looks strong during the next recovery.

It will take a long time for you to adopt everything about trading because it's a broad and long process of learning and failure is definitely part of it. You won't be able to do trading perfectly and gain huge profits in the beginning. You will experience losses especially if you're a type of trader that's too adventurous and curious to try new coins. Failures must teach you so you have to learn from them.

Failure is not supposed to stop but can be a lesson in the future with a process that we can take from the experience, of course beginners will definitely experience this because it is part of the risk that must be faced but when you know about this experience you will understand more and can minimize the risks that occur in the future.
Any coin that can be tried to trade then he will know how to choose the right one, in essence everything we learn we must apply.

Trading requires you to take risks.But you cannot survive trading on a trading platform if you cannot take risks.Everything but a combination of profit and loss. And especially if you want to do trading, you must know more about trading If you need to trade, you will spend a lot of time and analyze the coins you are trading on a good trading platform.Trading is very sensitive matter here you should never joke and think funny.

Not only trading but even investing, these two would not be considered as jokes. Otherwise, you are just gambling your money seeing them go into waste. If you trade without knowledge and experience, you’ll most likely end up trading without a reason. However, if you trade because you have prepared for it, you have already gained your proven strategies and skills, that way trading will most likely succeed.

Yes, along the way, the strategy that you created will be enhanced by you. You need to have a working system that will lead you to successful trades, else, you will just waste both your time and money if you will not be able to execute a winning trade, or if you perform poorly with the system/strategy that you are using.

Plan and always have a good alternative strategy in case your first attempt will not work. You should always have good adjustment

to re-try your positions, remember that it's your money that you will going to lose better to find the best way not to lose but to grow your money inside this industry.

Every newbie might have come across losses at the beginning and this is common with everyone here. And traders here know that it's not a joke. Both Investment and trading requires patience and this will help to analyse and gain a reasonable profits. And yes everyday everyone learns one or the other in trading. Needs to update oneself everyday on what's going around the coin he or she has invested. This will help to decide when to close the trade and buy other best coins in the market. Just choose the best coins in the market and be patient enough watching it's growth. This will bring in profits.

We start on being a noob which definitely means that we do all experience losses because we do start from scratch and not directly on being a pro which it is really just normal to have these mistakes or

errors because of lacking of knowledge and experience but it doesnt mean that this would be the reason for you to stop because this is really the stepping stone for you to make yourself even more better.
Thing here is that you do make yourself aware of these errors or instances and make learning from it so that in next encounter then you do already know on what you would gonna do.
This had been a common step but of course it wont really be that easy thats why other people do really totally quit just because they do saw that they cant do something.

He was talking about the newbie, the one that enters here recently. Usually they don't have any idea yet on how this market works, so it's important if they will learn in the very beginning. They can start in investing and then do a regular trading later on and after some time, maybe they are now ready for leverage trading and other advanced activities.

For those who have a long term experience already, they can do leverage trading and expects to earn something out of it. They won't quit on doing it as they are still getting a benefit. And yes all rules are a must to be followed so that we wont get any violations which can affect our trades.

Money seems to be the everything for majority of the living individuals here, particularly for those who are motivated with greed and selfish desires. And once you decide to trade and lose your capital, it’s always a serious one, not a joke. However, no matter how professional you are in trading, you will never always win and succeed, as there are times that you end in failure and lose your money. So be more open to it, but always keep being positive in trading.

Make yourself be aware on whats the reality and dont anticipate or hope that much that it would be a easy pz kind of thing because trading is the most challenging but yet worth once you do have a good grasps or hold of it because it could also be acted as a main source of income if you do able to sustain and survive this market.Failures and mistakes is just a part because there's no such thing about being a perfect trader.Losses would be inevitable but something that could be handled and turn out yourself to be a good trader.

It is really not a joke since we are risking our money for capital to earn profits via buying low and sell high.It might be a very basic in the ears but doing it is the most challenging.

Trading wasn't mean to be consistent because of how the market behavior actually looks like and everyday could be different situation for those traders. Being a risk taker sometimes are required if you want to step up your game and probably reach your boundary to get more profit because that's how investment works, it's all about research, risk and luck. Even people they called "pro traders" are sometimes losing their money in unexpected situtations.

Yeah, nothing is safe from this, trading is found to be risky due to the volatility of the market which makes every day we need to adjust and analyze the market trend. Sometimes it requires luck aside from having knowledge and skills. But, we also have to consider the fact that not all failures meant good but might be an indication for us to stop doing this and to think that trading isn't for us.
Trading is not hard to understand but the market itself.

If you have decided to trade, this means no joke there. Trading needs money and we must be responsible of for the money that we are using to tarding. Although we have set the mind that we must trade or invest wth money that we can afford to lose. We must not manage we will lose. But we must be able to manage money to earn money again, manage the money in order that we can continue trading again. This may not be easy, but we can do it.
Btw related to trading seriousness, we have to seem that some people with serious efforts will learn much about trading, having discussion, and being spirit to always stay contoured during trading. Additionally, trading wi good emotion amnagement may bedifficult to get. But it doesn't mean that we can make it a joke. There must be any lesson if we are lost, and we must learn from the lesson to makebetter trading activities

Being a trader is not easy, anyone has experienced failure and it's really not a joke. This failure and the losses experienced will be a trigger for a trader to be able to better learn technical analysis and control emotions when trading. Trading will be risking money that is used for capital in order to make a profit. No trader is perfect, and no prediction is 100% accurate. Trading is not a game, trading is a serious thing or serious work done by a person to profit from every movement of the market.

In this case, actually there may be some things that I really want to add, especially for trading because sometimes traders, especially new ones always use changing trading techniques because as you said it's just to try and test and here it is seen if they don't have trading plan of course. On the other hand, they do not adjust the risk and ratio so that they always make several trades without calculation and what is worse sometimes add to the trading load even though he is aware that it is already a minus for him.

Price inconsistency is what made it trading. Trading is a game of buy and sell as well as profit and loss. Trading is just a digital version of a physical business. They same way retail oil dealers buy oil and store waiting for price to rise before the sell and also wait for price to drop to buy more that is what a typical crypto and forex trader does.

No good trader became a pro from birth we all had our time of consistent losses but what kept me moving on is patience, dedication and research

Trading is a long process of learning. You have to invest time and willingness for you to b able to understand and adopt everything about it. There's no such thing as perfect trade in the beginning and you will definitely experience losses so you have to be ready for it. Just have to courage to be deal with the market's volatility and never get tired of doing research in case you're facing confusion. It will be hard at first but exciting at the same time.

Along the way you will learn the proper setup, you don't need to dwell with losses as it's part of your journey but make sure to learn out from it and keep enhancing your knowledge in order for you to gain compensation and start establishing your system/strategy. There are many failed traders who instead to continue they choose to leave the market and forget about this venue of investment, they are not willing to re-try as the entry is premature, most of them invest due to influence of others who already gain success, better to start doing your DYOR and start with little investment, know how the market works before you go all in with your investment.

I have had so many countless failed trades and most time it is not really our fault because we don't control the market and we don't know the next direction the market may take that is why we are always making an attempt that we all wish would follow the market lead. Trading is not as easy as well the market and is only the traders that know what they are passing through when they enter the market. The market cares about nobody and we can't force it to come out way so let's do our best to get the best outcome.

Yeah since we don't control the market we don't know where it will go but it is different with a low liquidity coin in which only a few people who control its price and many people fall to their scam. Having some fail in trade is a common experience since everyone will have their own fail moment before making them more experienced. Just don't give up and keep learning from what mistakes we did and someday we will achieve more than today/yesterday.

Even people who made millions of dollars from scratch has failures so this will teach us the lesson what should not be done in a situation so in future we don't repeat that and gain from it that is how the trading works. When someone just starts even after learning everything they wanted to enter still they may face the failures because its just a part of shaping our trading career so failing in trading is not a joke but keep repeating the same mistake again and again is stupidest thing.

Indeed! if you just keep doing the same mistake over and over, better to quit and not to continue your journey, maybe this venue of investment is not for you. Assess and aim for the betterment if, in case you make a mistake or your position is not favoring the outcome, always remember that there is always time to improve.

Give yourself a tie to enhance and improve your strategy. Finding the right one will soon give you a good result.

Not easy though, but if you are keen to succeed, the chance is always open for you.

Losing in a trade is not a mistake but losing a trade because of a mistake which they actually encountered before but never changed it to a profitable one in the long term then I will say trading may not be for you but its better not quit since the long term trading can be helpful and with just stable coin pairs they can make decent returns with minimal risk from my knowledge.

Start your trading by such a low value that you can afford to lose and if market become in dip so you will be able to recover that money again.  The fact is that you will gain knowledge from your own mistake and remember that the coin which you are going to choose should be trustworthy and you have full knowledge about such a coin. Do not lose hope if you fail to get profit and just try again and again.

Being a risk taker doesn't benefit you all the time, but being flexible is really good. If you know to yourself that the trade your doing is good then go for it. But then if you feel like it ain't gonna do good, don't ever risk it.
 
Since that you said yourself that you are newbie does being a risk taker will bring you more knowledge? I sincerely suggest instead of being risk taker why not just instead learn the market ? Become more knowledgeable in trading. That'll benefit you more.

But in order to earn profits then you should need to take risk but its true that you should assess the risk level before you do dive in and shouldnt really make out rush decisions because this could result into disaster of
your funds. Trading is never been a joke thing and failing is part of it but majority of people do see it as a negative which it is but lets go to the brighter side that these fails and errors do really make you learn
overtime.Im not saying that you should continue on failing but try out to minimize as possible on which this would really make you a better trader or investor soon.
Just dont rush up and just do on what you do seem is right on different market conditions or situations.

But at some point it's good to take a break off trading if you observe your strategy is not producing results anymore, to learn and advance on your trading skill instead of struggling with a old strategy that never works, because as time goes by so is the market pattern changing with respect to several factors, which could include government policies, the world economy and e.t.c.
Because one of the qualities of a good trader is the ability to take calculative risk and ever ready to learn new concept

A concept so many traders never gets to understand and that's how complicated trading could be. Just like the highly volatile market, so does the strategies change to suit its volatile condition.
I might say trading isn't meant for everyone. Because your into crypto doesn't mean you must trade. You can hold and still get to have some good results off your holdings rather than trade it away in search for quick profit. Quick is always dangerous and your always at risk of loosing all quickly too.

When a trading strategy isn't working out an expected result or as usual, you might have to pause, observe for what is changed in the market and come up with something new.

Long term trading is more or like an off from the trading activities, you just buy and wait till 20 or 30% or whatever your desired returns which maybe attained in weeks or may take years so the strategy is simple wait until you make money so there is no frustration, stress and all the others comes with the failed trades can be avoided.

One particular thing am sure of is that no one is born to be a failure, we only try ensuring that it keeps getting better by trying harder over and all over. The best strategy is to learn diligently, loosing a lot of money on trading can be so painful. I have been in such a situation in a couple of times but I always say to myself that whenever I fall, that’s not the end of the race. I keep encouraging myself the more, it can be so faustrating which am so aware of, but I never get tired trying again and again. I believe one day I definitely have better experiences to share.

Its your money then its your decision to take because no one really knows on when the price will really be making significant increase.Failures is part of the journey because
no one had been doing trading didnt experience this one and the most important thing is that you do know on making out adjustments basing on what you are dealing with.
This isnt simple though but it wont really be that impossible for you to handle at least the situation.Trading is never a joke nor even losing or failing thats why
you should make yourself prepared everytime.

The main reason of failure of people in trading is that they follow certain strategies for making such a huge money in very less time of period but due to their greed they do not get their aim and become looser in trading. I just recommended that choose some amount of money that is feasible for you to cope with it after loss but do not be discouraged because it is a part of trading.

To overcome losses in trading, indeed we must prepare reserve funds for recovery,
and my advice is not to trade in futures if you can't analyze it properly,
because futures trading is more terrible than the spot market!

Taking up other strategy sometimes worthy depending on the situation. Rushing your trades won't do anything good to you because you are just aiming for fast profits. There are strategies that are good for getting fast profits but it takes some real trading skills to do it and addition to that is the greater risk of the trader losing the trade. It's always a good habit in not going all in on every trading session, Always keep some money for recovery since there are no always win on trading and continues loss happens a lot. It's the same as investing, Don't put all your eggs in one basket.

You should really know on having risk management via diversification and setting out plan B's on which its a must because this market is unpredictable and it is really prone to mistakes thats why setting up

back up plans is always recommendable and its true that getting some ideas from other people and strategies isnt bad and as said by most that this would be a long trial and error where its a must

for you to learn and make yourself even way more better than before for adding up experience.Dont tolerate fails but doesnt mean that you shouldnt accept and realize.

The strategy of others isn't always effective for us. We should first familiarize ourselves with every strategy as well as its risks to see if we could personally apply them. Greed could surely ruin our trading journey because it affects our decision making especially if we are not able to control our emotions. It's fine to have losses because that's part of our learning process but we should not always chase after them.

Trading is not something of risk taking or gambling or throwing the dice and leave your fate for the gods to determine if you will make profit or lose money. If you do not understand trading, you do not understand the charts and you do not have good strategies, you will keep losing money until you are tire. It is better for you to learn about trading very well before you go into trading. Unless you want to be be blowing your portfolio every time.

You should learn something before trying to jump because even pressing buy and sell would be a tough challenge for you since you dont know on where those buttons are for and where are they are placed.

Try to look a trading platform on your first time without having that knowledge then what would you gonna do? You cant just press out anything carelessly because that would surely make a mess.
Of course you would really be needing that knowledge and skills to make handle yourself on trading world and not really just diving in without any proper knowledge and preparedness through it.
Failing is part but dont give up easily and learn from those mistakes and make yourself way more better.

Surely, trading without any knowledge and also analysis may mean that we are plating on it, doing gambling on terms of trading. SOmetimes, we also only follow the signal from the group, both VIP or even free signal. But, will it works foerver? In fact, not. Trading i something that is complex. There is a must for us to learn about the trading analysis, strategy, tips, and also other basic knowledge at first, inclduing our emotional control in trading. Because we know that trading is full of emotion if we cannot manage very well.

If a new person wants to trade then it is very important to trade with the understanding that he will always lose.  That's because there's no such thing as a profit in a new state.  So he has to accept that he will lose first.  There is no saying that those who are big always have an advantage.  They can be seen losing some time when the market conditions are bad.  Again, if the marcorket turns yellow, the losses will come up.  Trading according to the right rules will never result in loss.

If they are already involved in trading then they already understand that it was hard and complicated. It's only up to them if they continue or not. We need the volatility for our trades to be possible. One strategy is better than not having a strategy at all but if you can add another then fine. Maybe that can help you evenly.

You are right. Trading is not for everybody because not all can work under pressure and understand technical things. Here in crypto, we also have investing but again it's not for all because it requires patience which I know many of us don't have. It's important to know our personality first before choosing if which will suit us best.

Failing in trading is something that I think is normal, because many traders have also failed,
but we must know that traders who fail are traders who trade in futures trading,
for the spot market, I think the failure ratio is very minimal, because the risk is also small to lose up to -100%

I’m not sure if you’ve spent a lot of money on crypto trading. But if I were you, I would start first with small amounts and also spending time educating yourself about trading all the way from the beginning.

There are many free sources out there that you could learn more about some great techniques in trading (including here on Bitcointalk) and not ending up paying hundreds or thousands of dollars to so-called trading “coaches” and “gurus” out there who aren’t giving you any promises or guarantees in results.

It's important to start with small amounts because we all know that the risks of trading crypto are huge,
keep learning to improve our abilities and such things should be owned by everyone,
The most important thing is to learn from clear sources so you don't make mistakes

The first thing for those who are new to trading is to take good advice from people who are well experienced in trading and then start trading.  He has to gain a lot of experience by trading.  And if he does little by little every day and if he increases his experience, then he will be able to add big ones, then he will have no problem, he will not be in any danger. And if he wants to tag without experience then he will have to face loss first so I think it would be better for him to experience first and then trade to avoid facing this loss.

I disagree with you on this. Failing or in other words losing funds in trading is not normal, every trader aims is to maximize profits not to fail or lose funds. The only reason why most traders lose money or have failed in trading is their inability to gather trading information before trading, get good trading experience, master and follow good trading strategies and finally greed. Future traders who follow this basic trading principle will not fail as it servers as a guide to every trader.

but I think every trader must have experienced failure or loss in his trading life. that's what makes the loss all the more commonplace. especially for a beginner, of course, trading and getting a loss I think is part of learning. we have to take it for granted so as not to be pressured by the shadow of profit in a short time.
the crypto market is full of processes, no trader is suddenly an expert. they all learn from bitter experiences.

Crypto professionals or professionals trader will certainly experience losses in the beginning, no one will escape failure. It will be a valuable experience that will shape us in the future.

Trading failure is no joke, because in trading there is money at stake and psychology at play. Failure is normal, it should not become a habit. As traders we must know what we are doing, learn the science of trading well in order to get the right results.

Yes, I agree, but there is something that almost no trader does and that is to operate with fictitious money, this is to learn how to manage all the tools that the Exchange has, if it is done in this way many losses can be avoided, and also learn to To see how stop loss and take profit work well, and if you are a person who likes futures trading, it is very necessary that you know how each tool works, because the fact that you leave knowledge to chance means the eventual loss of money, as on many occasions it happened to me, and that is when I understood the importance of trading with fictitious money.

Yes, there's no perfect trader and even the pro ones are also having losses. Failure comes to everybody but the description of it changes based on how you look at it.
It may not be encouraging if the losses are fresh and big but those who push more and learns are the ones that are likely to succeed. But it's continuous learning and as well as having losses but the thing is, how you minimize it.

Losses are part and you should really be prepared for that because its part of the process from learning and from trials and errors had been made.You cant really be just a perfect trader and there's no such thing.The important thing on here is that you do know on how to handle and sustain yourself within this unpredictable and volatile market and this should really be the main priority or should be bare in mind on how to survive because everything is unpredictable and in the end of the day you should really make yourself on making profits despite of the losses that you had committed.Just make yourself
to be that open minded and being prepared on different scenarios or conditions which it would really make yourself that mindful and act out according on what you had experienced back in the past.

in trading, sometimes we don't always make profits, sometimes there are losses, especially if as a beginner, and I myself have experienced losses, because I don't know about trading science, but what is certain is that in my opinion, we must have a positive mind and make failure a knowledge and motivation for us in the future, so that we do not repeat the same mistakes that can harm ourselves.

I agree.
There's no perfect trader and all of the traders are always looking to learn more from their experiences. The losses that they convey are considered to be part of their learning experience.
The market is unpredictable and that's why they need to move unpredictable as well because no one will know if next to the market is going to be a huge pump or dump but, at least it will show a sign and pattern.

Firstly, you have to believe in yourself. No doubt, trading can be very risky, as you can basically lose a huge amount of money within a twinkling of an eye. However, you have to accumulate enough information about how trading works, and then it also important to attach yourself with those who have adequate experience in Crypto. Ask questions in areas you don't probably understand. Although, you might fails, but that shouldn't discourage you.

It is true that we must build confidence when trading, without confidence we will hesitate when making decisions in trading. Doubt in decision
making ultimately makes us suffer losses due to following trading signals from other people who are not necessarily accurate. Never be afraid
to fail when trading, everyone has experienced failure when they first learned to trade. We can learn from every failure that we experience,
because crypto trading is not easy, it requires patience in learning trading.

No one is successful trading in instant time, we need to go through the process of losing a few times first to understand how to trade properly.
I recommend for newbies to take trading courses on trusted platforms so that the learning process is more effective. When learning to trade,
we should be accompanied by an experienced mentor, to guide us when trading. Just do the exercises regularly, slowly our trading development
will improve and our confidence will also increase. The most important thing is not to give up quickly if we fail, everyone who succeeds starts
from failure.

The truth is that having self-confidence is the biggest asset, and if you believe in yourself, you can succeed. On the other hand, if you are frightened of whether you will achieve success or fail, you will suffer because of this concern. Just pay attention to the crypto signals; there are now methods being used by specialists across the universe that can help you trade successfully.

People keep thinking that crypto is the best way to earn at some point. It is a yes thing, but it is barely needed to know to ensure you will get a good profit. Today there are a lot of posts on social media that they will learn a lot of money, and of course, newbies get the courage to try their luck which is not an ideal thing to do. Trading is the battle of knowledge and emotions to make a proper execution.