Bitcoin Forum

Hello Guyz, Hope Everyone Will Be Fine
So the beauty of real tradingis that you have the knowledge to make millions / billions of dollars.

Just by a deep understanding about how the market moves. That's amazing.

Be cool with few losses, it will happen.

Think in risk/reward in your trading... few losses mean NOTHING if you have a solid trading plan, and strategy.

The most important thing is to learn from it : technical analysis, psychology, risk management ?

If you don't give up, in 10 years you'll achieve your dreams... but focus on the process, learn the right informations from those who have the results that you want.

Don't trust those who will sell you the dream "Get Rich Quick", too many bullshit scams in this industry.

It's a hard lonely road sometimes, but the reward is everything.

Be serious about your goals... and be confident, you can achieve anything.

Hope this kind of post will motivate you.

Thanks

if we could pass the process and enjoy in our trading jouney ,didn't hurry to start with huge amount it could trained us as good traders. Our journey in finance market was not about 1 or 2 years only, but it could more than it. If we really have passion in this market and prepare important knowledge in technical or fundamental i am confidence we could achieve our goal faster than our imagination

Not just in crypto, but in stock market trading, you really need to have a lot of patience. And experience doesn't come overnight, years and years and lots of money lost and gain. And this is your only source of income, then definitely you have to focus on it, gain hours on the trading floor or doing some technical analysis might give you good results. But in life, there is no guarantee, all we can do is grind it out day in day out to achieved our dreams and it's not gonna be easy.

I think in life in general you need to have some patience. Yes you are right that we need to have patience in both but don't exclude everyday life regarding patience, it can save you a lot of headaches but you don't have to be patient all the time, some of the things needs some forcing to be able to make things go your way. You are right that experience don't come overnight but you also have to understand that you need to also learn from the mistake of others so you don't spend a long time learning things yourself when you can easily learn things from the experience of the other people.

Having losses in trading is part of our experience and no one can prevent in it coz that's the real key to become successful.  As the matter of fact no one, as in no one can literally skip from having lost.. Perhaps if you used to read some motivation books, surely you will understand why we need to face it..
And yeah the real beauty of trading is everyone can make money as long as you can cope everything that requires to become eligible and a successful trader.. No educational attainment which is good. because only efforts and knowledge everyone can really make money even at home.  :D

Perhaps you can say, there is no one who lived the trading world without losses! Everyone does the mistake whether it is out of the greed, unsourced knowledge, or dependable trading where they are just copying someone without the real market understanding.

Trading can certainly give us huge money in return if played smoothly. The real beauty is in traders hand and how he handles the market.

Being persistent on our dream and goal to become a trader is a key factor to survive and success but the reality is that many had quit when terrible losses happen and they blame the market for their mistake.
The truth about trading is that it needs passion and commitment, the more you have this attitude, the more it encourages you to learn more. And the thing that I get from trading is to know how to be patient. Only a few traders have this thing and that is why many traders also fail.

I think that's the problem with people, forgetting the actual goal that you have created and the idea of short-sightedness and thinking that it's the only way that you think that you are in profit. The best thing to do is do your actual trading plan and follow it meticulously. If you want to take advantage of the 24 hour market of crypto, you can take a look at Gunbot (https://gunbot.ph) and use it as an additional trading tool.

I am kind of leaning as another part of my side hustle to also stock trade. :)
Though I kind of wonder how it would go compared to day trading in crypto, because so far I just hodled since my few losses in day trading. lol.

patience was needed in any finance market , wait the best position to enter in market is best strategy ever that we have to do. we will passed all worst stage in trading for years not only 1 or two years only. the person who keep struggling and learning by mistake will really make us as good trader who understand how to move parallel with market and then we could said our self as profesional traders who trading for live.

traders must experience losses in market , if they are based on lucky and don't i am believe they are not good traders and have no experience about loss.

It was because they simply think that trading is a tool to make them rich instantly. Mostly they got fooled by many ads to appear showing how easy it is to make money in trading. And that they will found it hard when they are in actual trading.
The moment we start trading, it was also the moment we know how difficult it was. This was to feel what is real trading is all about and from that, they will tell themselves that they are wrong underestimating it at the start.

It's indeed, and they are now everywhere.  This even happened to me, I have so many friend requests on my social media (Facebook) and some of them PMed me and offering about their service regarding trading, but since I have experienced in trading, they didn't convince me and I know they are obviously a scammer.

In trading, we should also have a trading plan and stick to it whatever happens.  This isn't easy to work, it needs more deep research and patience just to achieve your goal, and the OP has a point here.  Learn from your mistakes and don't let them that will happen again in the future, though trading doesn't have an infinite of making profit but at least knowledgeable on it has a great advantage.

I know mate, when I was a newbie I fall victim for it. But it teaches me a good lessons here in crypto. Now when something ask me about crypto I tell him right away that it is not a get rich quick scheme. Takes a lot of patience and losses early to gain the needed knowledge that will push you to the next level specially in trading.

There's no secret formula but to learn and re-learn your tools. I know some old school traders who even wrote what went wrong so that they won't make the one costly mistakes again. So that is true, patience is the key and your willingness to accept your losses to move forward.

no one could miss the losess for their trade, every investors that joined in finance usually lack of knowledge or trading skill so easy for them to suffered loss. while time running and they got many experience it wil teach them how to trade with better step. dancing with market is an art that will make our trading like beauty girl  so we will addicted.


patience and experience were working in any market and it will make us survive in any condition either bearish or bullish trend . if are want to be profesional traders in crypto or other market , knowledge will be important instrument for us , no one could living from market without this skills.

Throughout my trading carrier one primary thing I have learnt is patience. Both for my trade and with the knowledge I have acquired. The fact a trader understands how to interpret a chat doesn't mean he wouldn't make losses. But with patience he gains more control over his emotions and control his quest for greed which has been the killer bean for most traders. Op I appreciate your thoughts it's very much inspiring we need quotes like this from time to time to encourage traders who are thinking of quitting because the are unable to make profit

Loss is a part of trading, sometimes we have to suffer from the loss and sometimes we get profit from the same coin but the main key of trading is patience , which we need to be, for gaining the profit. So, now bitcoin is going really well, i hope everyone will get their profit soon.

The real beauty about trading is where you feel happy and sad. Real trading helps us getting strong and precise in making decisions. We sometimes fall and lose but that will be a part of trading and we have to face these consequences as we choose tading.

People who come into trading must have to prepare themselves as this was no easy task for us. Talking about profit was not so hard if we just only know what will happen next but unfortunately, we don't have any idea and so have to take risks believing our TA's will works so well.

That's why there many ads that show people that they can test it out first and use fake money. There, they will be able to easily profit because it's fake money or assisted in some way. And then when they are ready to deposit, it just goes all the way down. I hope no one gets to experience that loss but it's inevitable.

A lot of people tend to lose money to urges and immediate want to recover their losses and thus creating even more problems.

I am sure we are very serious with our goals and want to achieve them in the short or long term. Many of us are still learning about trading and earning more money, but we also realize that there will be a difficult time for us to profit, especially when the bear market comes. We also need to realize that to profit from the trading needs process requires patience to pass every process.

Making money and losing money will be part of our experience in trading, so we need to enjoy and do not feel sad because if we lose this day, the next day can be our good day to make a profit. The important is we do not give up because we still have goals that we want to achieve.

10 years is not a short time and this is what often makes traders desperate, so that they finally choose to join the paid signal which turns out to only make them waste more money. Continuing to follow the process and being patient is the key, losses will definitely be experienced but it can be replaced immediately if we continue to learn from every trading activity we do.

trading is about patience and efforts wherein in order to become successful, so must learn what are the important things before making decisions if you don't want to have losses when it comes trading. And always bear in mind to never rely what you saw and you read around the internet, what i mean make research because its for you to find out what are the specific information that can help to  protect your money from risky situation wherein not those people who claiming their self an expert.. So be practical because there's a lot of opportunities in trading if you will take it seriously. And for me tbh that's the real beauty of trading. *Efforts and knowledge* only you have chance to gained massive profits even at home and etc.

It doesn't have to be part of it because a good trader knows how to minimize if not prevent losses altogether in their trading. It's thoughtful of you to wish everyone to get their profits but still prayer won't work without action so to everyone do your best to make money in the market.

Ok lets take out the capital gains for a second, the real beauty of trading for me is the ability for a trader to outsmart the market. I mean if you have spent something in the market, you'll understand that, that's a no ground for an inexperienced individual as the market is no respected of anyone. Even the professional fall victim sometimes to the volatility of the market more less an inexperienced individual going into a trade without any experience to help him out incase he meets an unfavorable situation.

The ability to outsmart the market is what make trading very exciting, anyone wanting to succeed in this field must be ready and willing to scarified some capital for experience that's to say the losses are bond to come. And when they do come, you don't have to panic about it instead use it as an avenue to improve on what you did wrong in your quest of learning how to outsmart the market.

I see patience been brought into the discussion, for a trader there shouldn't be any beauty in waiting that's an attribute an investor should have although that doesn't mean it won't be useful when trading. Infact it has its role to play but has less impact as trading should be about outsmarting the market and not the other way round.

As it was because trading can't just be done in praying but of strategic action and knowledge. Maybe prayer could sometimes work but we never have to rely on this, it is a need for us as a trader to work it hard and apply our strategies. Profit was not so hard to get if we only have to work on it. Yes, it can't be instant (as many people think about it), it needs some patience.

The real thrill of trading is experienced in those moments when, after numerous mistakes, you begin to understand how to do it or how not to do it.
By collecting information about old mistakes and using it to get maximum profit, it is at these moments that you feel that you understood something and did something right.

yes trading is really hard in the beginning, but even after few years it's still gonna be hard for some because sometime the market is sometimes too abstract to understand,
technical analysis is not always accurate too but it could atleast helps us stand, the anxiety we get is mentally exhausting however speaking about the end result, it's also not clear whether we can achieve our dreams or not, but at least we tried.

I myself also strongly believe into achieving goals in crypto trading in slow and steady manner. Because, we must need time to grasp how market is moving and how we can safely enter and exit to make decent profits. In my understanding, we do not need one big profit but many small profits to sustain in this market hence having depth technical skills will help any trader to hit their dreams.

This is what exactly OP is trying to convey here. We must keep trying within our affordable limit and by enhancing our TA-FA skills which will definitely lead to fulfill our dreams in long run.

i think not only trading but also in investing and other kinds of business if you have knowledge and passion of handling them you can make a million and even billions of dollars  .

few losses means nothing when you can recover it soon and make profits that you havent had before in your life . having a solid plan and strategy is a result of small losses because if you dont have both you could end up in a much bigger losses so you should be thankful  .

i think 10 years was too much to master trading but maybe 1 to 2 year is already enough as long as you study and practice every day  .

It's the basics and should be done properly. I think if there is a real plan then a profit could also be done. It's your first motivation, to make that plan be fruitful.
There will always be losses but it should also be written there, it cannot be always taking profits all the time. Volatility sucks for some people but for traders it's the reason to make a higher profit out of a little capital. Greed is also a hinder, be satisfied with what you make, stay with the plan. ;)

Enbrace the methodology. For you to be in happy with trading you just have to learn how the market moves. There is no magic or hidden analysis. Once you know how the candle sticks move and what causes the bullish and bearish moves profit will just flow in not minding how long you have been in the system. Getting equipped has been the formula all along. Instead of paying for robots pay to learn its more profitable

Before becomes successful in trading there's a lot of obstacles you will face one of these is the scammers once you start and trying to learn like joining different forums, groups, etc. By asking the community for sure there's a person who will try to attempt to help you but instead just to scam you this is the number one enemy of the newbies. Next is starving for knowledge there are a lot of sources on the internet and books and if you are just a newbie you must pick the most and the best that will help you to improve. Lastly, if you want to make trade always having a risk management plan serves as a guide to win a profit there are a lot of traders losing a lot of money because of not having a plan and most of them regret joining to trade.

Crypto trading is by far the fastest moving markets where I do feel unlike before, now we have been given this option to help us financially, and it is up to us to get the skills to do just that. This is a rare thing, much like the invention of the internet back in the day, and history has shown that those who persist will succeed.

Yes, in crypto trading it is difficult to catch the right times but experience brings us all closer to perfection or better prediction. So, let's not waste the opportunity crypto trading gives us, let us learn and evolve, that way we no only help ourselves but those around us too.

Yes,Well said, The beauty of real trading. I think good traders know how to handle the market. If you have good or real plan then you must get profit by Crypto trading. You need also patience.

Yes, real trading beauty is the profit you earn, though it is a slim chance for that, but still we rely on it and trade with all we got.

With the right knowledge, capital this is the reward.


This is what our forex teachers,coaches,  mentors never tell their students, losses will happen. The problem I find with our forex masters is they make trading look like it's all profits and exclude the reality of losses being part of trading.

Losses mean nothing if you always aim for higher rewards unlike 1 to 1 kind of trading, where you risk $100 and your reward is $100 this kind of trading wont make you a winner.

People are too selfish mate, it's only by telling people the truth will these scams reduce..

-Patience
-Good risk managemnet
-Continous learning
-Dont let fud and shills fool you

These are the main things and there are some more which you would really be needing to have as a trader.
Most of it will really be attained through real experience because trading isnt something that you could just learn in a short span of time.
It would take years and countless trading activity before you can able to catch up.

and in essence is an experience that is needed to do real trading. Experience will play an important role in reminding us of mistakes that have been made before. I even had many mistakes in the past when I started learning to trade. Don't be afraid to try. In the beginning it was always a loss, but after learning about basic trading, technical analysis and fundamentals, my trading mentality was formed and I started to make profits. Never give up and keep learning.

Yes every trader should understand this. You so encounter a trade that you will loss whatever or how careful you are, the down time has to come. You can reduce the loss with stoploss, it is very important.

Don't always trade and expect profit all day, use good money management incase your expectation is not achieved, you can move on with what you are left with and regain your loss. To avoid too much losses, you don't have to be in the market all the time. Trade less for a day, it will avert your losses.

if market still gonna hard after several year we involved, we should introspection to our self about our skill in this market. Did we have several mistakes so its market look really hard for us. there is no 100% accurate , we only could take probability from our analisys either in technical or fundamental analisys and the rest let market decided. But atleast we have a plan to make good result.

precisely, we could learn a lot if we suffer losses as this was a toll helping us to find where we are getting wrong and to evaluate if our strategy is working. Thus, if we easily give up and help not to find a way to improve our trading mindset and strategies, that seems impossible to have positive outcomes, that certainly be our losing ends.

However, trading is not always a winning game for everyone, most of us are in losses than in profit, that was the truth behind. And why, it was the majority are still learning and it was so hard when we are in a volatile market. Maybe 1 year in trading could give you enough learnings and we already have a deep knowledge on the market flow.

Everyone must go through a phase where the market feels hard to deal with, even experienced traders still feel hard of crypto trading. It is not easy
trading crypto, we must not stop learning how to read price movements in the market. I admit that the analysis we do does not provide a 100%
guarantee to generate profits, but by doing the right analysis, able to increase the percentage of our success when trading. But the problem is that
crypto prices are volatile and the trend of crypto price movements is always changing. Therefore, never stop learning everything about crypto trading,
so that we can successfully generate profits from crypto trading, by being able to determine good plans and strategies to use when trading.

This is how, most traders do start their trading? Yeah, almost all the people do start like that but only those who never give up become traders and all others end up blaming trading a gambling lol. The beauty of gambling is being seen/enjoyed by the people who keep learning and sharpen themselves for the all the need of trading and I believe you are one among them.

Success of trading is directly proportional to level of learning. Continuous learning is key here. Unfortunately most traders stop learning about trading once they become busy with same trading.

Well, I think the beauty of trading is when you really enjoy it. lose or gain, you enjoy it. to be honest, I also really enjoy it, because it makes the adrenaline unstable. it's just, I think, the best condition of trading is when your plan works, and it makes you a big profit.

Why do so many traders end up failing, because they stop learning, they feel they have had enough of the knowledge they have. Even though
the world of trading is so vast and the trend of crypto movements is always changing,  there are many things that still need to be learned in
the world of trading. I think trading is complicated, so we have to be diligent in learning everything about trading. Based on the many articles
I've read, to be able to make a profit in trading, the key is to keep learning, if we stop learning that's where our failure begins.

Or in short, does have the passion on doing trading because things wont really be that effective if you dont have the passion or interest on engaging into it or simply you've been forcefully doing trading

just to make out some income but dont minding about on the things on what must done to have an effective and profitable trading career. This is an opportunity on making profits but of course

it would really be needing efforts and of course before you could attain those situation then you would still need to pass up lots of trial and error.

The real beauty of trading in whatever asset you chose it, feeling the fulfilment from earning profit no matter how big or small it is based on your own decisions and strategies, and not based on some random ideas spread by people like op said selling dreams of getting rich fast, and once you get that rush you will get addicted to it and even if you lose you will keep trying to improve until you find the balance between talking the profit and managing the losses.

When talking about beauty, then we will imagine beauty (trading).
In contrast to saying "Challenge" of trading, then this will be more challenging, and how we can through these challenges to find the point of the beauty of trading.
I think the beauty of trading is a moment when we feel satisfied and happy with what we have achieved and how we enjoy it. And the results and desires in the future. When we get the profits whether it's a little or much, we will be the beautiful Emrasa trading.
But on the contrary, then we sometimes feel trading misery   ;D
Very challenging

Well, I think what you are saying is right because as long as we can enjoy what we did, we will see that we can do the best for ourselves. That can lead us to keep trying hard and get the big thing for us. Gain or lose will be on our side, but I am sure that we will not always lose, especially if we can learn more details about trading and know how to prevent the big loss in trading. It needs time for us to make a profit, especially a big profit and you just need to believe that someday, we will have a chance to make a big profit.