Bitcoin Forum

I have been trading for a long time. However, it is not always possible to benefit. In some cases there is a possibility of loss. After facing huge losses, I have benefited again after a long time. Bought 3k$ from a seller with current price of k 10k$. However, the dollars have not been set at present. Currently using trading. So I think the most beneficial. What do you think?

Of course it is very possible to get profits from trading. A lot of persons depend on that for a living. That's not to say that you won't suffer some losses along the road, but ultimately if you understand how the market works, you definitely will make profits.

It is definitely something that depends on your skills and your experience as well! Some people try and do day trading as well which is actually beneficial even for the time when the price is not so high as well, some people face huge loss for sure but at the end they learn from it. I think you can definitely try it if you are willing to put in extra work and willing to follow the market every second of the day. I think you should try doing trading with Bitcoins and other cryptocurrencies instead of dollars as your main currency perse! There will always be a possibility of a loss therefore you cannot just exclude that, it's a gamble for sure!

I'm not sure what quantity "huge losses" are but if they're more than 10-30% (depending on your strategy) you might want to look at changing up how much you're risking on each trade (unless you're buying an underlying asset you expect to grow - and don't have to sell for a loss at a certain price/date).

Absolutely, it really depends on your skills. There was at one stage a statistic going
around that 80% of traders lose.

If you have the skills and the discipline to trade you should be able to make profits, if
you only have 1 of the 2 there is a big chance of loss.

The line that I bolded above makes me curious and if you don't mind, you can name the project of the coin that you have so we can give better advice.
I have doubt that it is a new project, which is I have doubted the seller you mean is the person you have known outside and you buy coins at a cheap price and this is not tradable yet in the market. I am right?

You can have further research if you want, but this is very risky if you don't have an idea of what you have invested. Usually, it will turn out into a scam.
However, you can reply to your thread and stop more details.

It depends...
*On the trader; if he/she has the capability to understand the rise and fall and its strategies
*Depends on the time of trade; there is always a comfortable time to do everything depending on our schedule and also the T/C's of the site
*Depends on what you're trading ; these really matter alot but at a point, most people don't see anything wrong with applying the same rules of trading in every e-currency, remember: this coins don't operate on the same level of volatility, so you might probably get busted if you misquote the news

It is possible to make a profit by trading, but it's much more difficult than what most people first think.

First of all, you need to be able to know exactly when to buy, that is, identify the lowest local point in the price graph in real time. That's practically impossible.

Then, you need to know exactly when to sell, that is, identify the highest local point in the price graph in real time. That's also practically impossible.

There is a consideration here as well, you don't know if the buying or selling point will arrive in a day, month, year, or never.

Let's say you bought low and sold high after carefully checking the market, reading news, running bots, whatever reason.

Then you need to consider your costs, that is the fees you need to pay to the exchanges for putting money there, buying, selling, and then withdrawing money back.

Another cost is capital gains tax. Depending on your country this can be a lot, from zero up to almost half of your gains.

So at the end of the day, you might be able to get some money by trading, but you need to keep paying attention to it all day almost like a job, and it's not even guaranteed to get you money.

Yes, you will hear from the few cases that got lucky, but no one talks about all the money they lost.

With Bitcoin it's much easier to just keep buying and use it as a savings account while you live your life.

It is possible but it's not applicable for everyone. As you've said, you're an experienced trader and you're not making a lot from it. The same in my experience but that won't stop me from investing and for being an occasional trader. We just have to find the right strategy that suits us.
If you give up and you think that you're not learning from those losses, you better hold and accumulate and do the dollar cost averaging and be an investor.

Of course you can't always make profit through trading. But if you are good, in the long run you will be able to make profit. Since you faced a huge loss, I hope you learned where you went wrong. You should analyze all your past trades so that you don't repeat the same mistake. Analyzing trades will also help you make better profit in the future. Not sure what you meant by "dollars have not been set". But anyway, keep trading, keep learning and you will end up with good profit.

It is possible to earn from trading just as it is also possible to have losses from it. That's what you've experienced, right? You said you are a long time trader. I guess there is no trader who is so good he/she did not ever experience a loss. Especially in crypto where volatility is high, it is more or less common for the prices to have sudden dips, huge ones even. So if one cannot handle such movements in the market, one should better be a hodler.

Yes we are advised to chat for a short period of time. Because it is possible to make a lot of profit in the short term. I found out about this through this post.

Its possible to profit in trading as long as you know what you're doing and has a plan and strategy to follow in order to maximize your chance to earn.

However, sometimes losing is inevitable (due to unexpected market movement or wrong decision), but if you know how to handle losses and had learned something from the experience then you'll do better as a trader.

But not everyone can succeed as a trader. Thus if you're determine to profit from trading you need to fill your mind with knowledge that can help you to better understand its nature.

Yeap, you're right. It is not possible to make a profit just by trading. There are some trades that can be profited in a short time and there are some trades that take a long time to make a profit. But you have to understand which trade will be good for how long. You need to know about the market all the time.

I know that only 1 trader from 10 is capable of making money. It is easy to benefit when it is a bull run, however, only a small part of traders can cope with bear market and continue making profit. I know many traders who don't earn anything in the long term. They know a lot of patterns and indicators and sometimes they earn a lot, but then they anyway lose.

I doubt that you are a Long time trader or if you really are then you are not learning from it, because the way you talk here is sounds like a Newbie that pretending to be a Pro Trader.
Buying 3k and now gaining to 10k is enough to say that there is a Big profit yet asking like that?
better to learn more before claiming to be a Long time trader, and besides you are a HOLDER right? and not a day trader as you are not moving forward from that longer time.
What do you mean by we are advised to Chat? in where? in groups or here in forum?

You mean possible. For the long time before you make a profit, it's either you're a holder or you're just waiting for that coin you hold to have its momentum of increasing. I'm that type of investor and trader that waits for the coins I hold to move up and then I'll eventually sell them. But the twist is that most of those altcoins that I've chosen in the past and still hold today, they no longer moved up. That's a mistake that I've made for those investments but gladly learned a lot from them and made me stronger on this market that's really hard to predict so I stayed to the strongest coins to hold.

Of course, it is possible to profit through trading, but this is not so easy. There are many conditions that must be met for success and there is a possibility of loss as well. If you are always losing, you should reconsider your trading strategy because there must be something wrong, you have to be patient and try to constantly develop your experience By learning and taking advantage of your mistakes, the important thing is not to give up.
If you do not have enough experience with trading you can try other things like stacking some good rank coins or framing on some exchanges with good returns.

Of course trading is beneficial if you know how to trade and take advantage of any market situation but also you should also know the risk of trading since not all the time you are going to take profit from the market. That's why you should understand that you should only deposit and trade what you can afford to lose and use only 1%-2% of your total capital to enter a position.

As I understand it, you bought at the rate of 3 thousand dollars and now the price tag is already 10 thousand dollars ..? This is an excellent investment that has paid for itself almost three times. Although if you were constantly in the trade with the same means and you have the skills of a trader, you could succeed even more.

Trading is definitely profitable especially if you have enough knowledge and skills on how to do it. It only requires a long process of learning so you'll have complete knowledge on how to deal with every market situation. You could apply the basic strategy which is to buy low and to sell high but accumulating more skills about trading would be an advantage.

This is usually the cycle of things and how things happen, you win some and you loose some, and it is also applicable in trading as well. As you have already mentioned that you have been a while in trading, you must have had experiences and heard stories of other traders as well, and by now you should be aware that there is no perfect trading strategy that completely eliminates losses. However the aim is to constantly (because strategy changes with time) have a strategy that reduces the frequency and degree of losses you make to the bearest minimum. So OP, it is possible to make good profit from trading provided you keep your strategy updated and stay on trends. There is no one time perfect strategy in trading, so it is not just about getting a new strategy, but learning to develop, improve & update your trading strategy.

Of course that's why most people are into trading, it is to make profit it's always a profit and it is what is on the mind of all traders but just because it is possible to earn doesn't mean that you are going to earn. There is still a chance and actually a high chance of losing trade rather than earning if you are not that careful.

i don't understand what do you mean at the last part. but yeah mate no one cannot skip losses when it comes trading because that's what it's and it's normal scenario. But if you're a good trader one losses or 2 cannot bother you because for example if trade 10x a day you still have chance to regain those losses and you can still bring your profile green after all. Unless if you don't have good strategy because that's a problem.  ;D

It seems like its difficult but not impossible with experience and knowledge. Are there any solid learning material anyone can recommend for beginners?

You made basically the normal trading which is buying low and selling high your assets. If you want to become possible to earn with the trade I recommend making a futures trading this might test all of your knowledge, skills and experience for over the market. Also, it depends on your trading plan are you willing to make a trade with a long term or short term trading so you have time management and time allotment for your trading plan.

Trading is either you profit or you lose. Those are the two things involved in it so a trader should be prepared for losses that is part of it all. You are lucky to make profit but it doesn't come to you all of the times you put out order, time for losses and time for profit taking is also included. But you didn't mention the coin you got profit on.

To be sincere trading is very profitable however before becoming a good trader it takes a lot of time and efforts in learning, practicing with demo and real live trading in which losses are inevitable, how to manage your risk will enable you to have an edge over the market, but all these requires thorough trading skills acquisition and knowledge whick takes time to be accomplished, personally I have been trading live with a small account and also having mixed results just trying to tweak my trading strategy after consistent in profit I will increase the fund in my account.

Trading could really give that thing but be sure that you would really be that mindful about the risks involved on it and not just diving in and being hopeful that it could make you rich
because this isnt how it works and you would find it out once you had engage into trading.Yes, of course it could give out the chance on making profits but also it could be
resulted into loss and this is the both things which you could definitely able to experience this is why making yourself sustainable should really be your main priority.

There are 3 basic components of crypto trading, according to me

1- Enough patience to hold during the market is down.
2- Maturity that doesn't let you get greedy when the market is excited
3- The basic ability to read charts and predicting the movement roughly, no one can predict sharp movements of course.

Once you have these qualities and you have a good background of funds management then you should do well overall. Then there are some people for whom trading isn't meant to be so if you fall in that category, skip trading.

Almost all newcomers lose their money when they set a goal to increase their capital using toggles. At the same time, those who decide to use margin trading lose their money almost after one unsuccessful deal. This is not a place where you can make a profit without experience and knowledge.

There's no 100% success rate in winning trades, newbie or not, and you as a long-time trader,  sure already knows that. Just try and try. It's impossible that while trading for long, you weren't able to learn some strategies.

Don't treat these losses as a problem but instead, take that as your reference on your future actions.


I didn't understand a bit this part.

You bought something at P2P and was not given yet? I dont understand that part of your sentence OP.
Yes, perhaps thats the benefit of an exchange, assurance that the coin will be given to you at the right time without the doubt of being scammed as long as it is a trusted exchange.
About profit in trading though, its always up to the one who controls it. If you know what you are doing then profits will surely come.

Sometimes people don't understand this that trading requires a process to be able to make a profit,
experience and knowledge are also part of the process,
what is clear is that nothing is instant and we must really keep trying and work hard

If you really bother about the gaps between the occurrence of profit in your trading then you should start focusing on improving your skills which must be possible out of continuous learning. If you ignore the lessons that you come across while trading in live markets then you may not able to achieve the level of profiting at more frequency. You knowledge level must be directly proportional to your success in crypto trading.

Yeah, if profits in trading is all about skills then bots are enough to make anyone to be billionaires. Risk management is the thing which cannot be obtained by any learning process but only by experiences. But by strictly following the set of rules of risk management, anyone can remain discipline while trading.

It is possible to make profits by trading just that you have to be focused and ensure you set targets for yourself, work according to your targets and manage your risk well. 😉 one other important thing to note is that, you don't have to be greed. The market is always there to make profits

As a trader, we will face two things, win and lose and that is normal if we can not make a profit many times as the market will always change. If you can accept the loss and still try to recover it by learning more about the analysis, I am sure that it will be a matter of time to get your profit and minimize the loss. Many things you should prevent, such as greedy ( which will be the biggest thing that every trader needs to control ). Besides that, you always need to analyze and not just follow other people's suggestions.

Could you please enlighten me by explaining this part of your post. Did you avail loan of $3k from anyone or did you buy anything for $3k with the target of $10k or what you are mentioning here?

What you mean by the dollars have not been set at present? Set what or where? Really confusing to me.

With that money you are currently into crypto trading? I guess after you got from that seller, trading is beneficial to you now but could you add more on what you have changed recently to make trading beneficial to you?

Crypto trading is not usually profitable for active traders. But, it seems $3k has brought some significant changes into your trading and I am curious to know about that in more details.

Trading is  beneficial for those who have hold into it as you know that day trading is more unstable so it will be difficult for you to make cash by doing day trading. Trading can give you profit if you first realize about it and then start trading but if you do not have even a little education about that thing then you cannot make capital and on the other hand will loose your own cash too.

Perhaps, it was not all the time the market is in good shape which we can say that we are always in profit from trading, it sometimes we also just lose. if we clearly understand this situation, it is not a thing to wonder why we suffer such a thing unless if we never know about trading. But what I think about your doings is that you need to have a plan, a simple plan will make things helpful to you as it guides you on what to do next. Make use of those mistakes that you ever made to make you better as this leads you into the way of success.

I read your post for more than twice still I could not understand what you are exactly doing and what is your question.

Basically crypto trading is providing opportunity for anyone to make profits but only skilled traders are able to hold them and all others might be losing it in next trades. It means you can make profits from cryptocurrency or especially bitcoin trading one day or other but only if you have skills then you can make consistent profits.

It will be good if you add more detailed information of your current situation into OP so that this community could understand you in better way to address your concerns specifically.

it all depends on the trading knowledge we have, of course we can't always get profits but when by learning the right trading knowledge we can minimize losses and take profits.
I myself have been trading for about 4 years, although not every day I get a profit but overall I can get a profit and it is very big because the crypto trading market price shifts are quite significant every day.

If you have been making profit more comparing to your losses then you have to maintain your strategy that you have been using to get that profit. The problem with traders as we are is that at the time of losses we want to start doubting our strategy and trying to change it but at the end when we change the winning strategy we return to huge losses. My advise is that we understand that profit is not every day but a higher profit is guaranteed when we are steadily using a winning strategy despite its challenges.

Of course there will be down times, and there will be up times as well. If you are getting into crypto then you are accepting the fact that you are not really doing profits all the time anyway. There are a lot of people who are looking for consistent profits all the time and they do not realize that it is not in crypto. Surely you have to realize sooner or later that you may end up with something in the long run, but in the short term you may end up losing sometimes.

I personally lost so much money if you look at it that way, but I made more than what I lost so this is why I do not feel that bad about what I am doing. In the end, if I have some money left over, that means I am doing fine, even if there are losses in the way.

I am glad that you you have managed to become profitable in crypto trading because many people are continuously facing losses and that is not a case for you. I guess now you must have understood that making profit from cryptocurrency trading is possible for anyone still we must need to make ourselves technically strong for facing the fluctuations of the crypto markets otherwise we might face more frequent losses compared to profitable trades.

This happens. Because, when you are facing losses then you will start doubting about the the effectiveness of your strategy which is the reason people are giving priority for fixing the strategy rather than continue their trading with same strategy.

It is impossible for us to trade crypto without experiencing any losses at all, even professional traders must have experienced losses.
Therefore, experiencing losses when trading is normal and must be experienced by all traders, most importantly the amount of profit
we generate is greater than the losses we experience. So we don't have to make a profit every day to be a successful trader, as long as
we can minimize the losses we experience and the amount of profit we make is much greater than the losses we experience. That means
our strategy is good enough, but we can also try various trading strategies, choose the one we think can generate greater profits.
The conclusion is never stop learning, because the more knowledge we have the more opportunities to find trading strategies that
are much more effective.

Well, if you are making frequent losses from your present strategy, then its time to analyze the reasons of all your losses. If you think its not you but its on the strategy you are using, then maybe its effectiveness has gone out already. Sometimes, we also have to upgrade our own strategies so that it can still cater with the continuous changes in the crypto market. Its always possible to make profits in trading but most of the time, it takes good strategies and positive mindset of a trader that despite of all losses, making profits at some time is still possible.

In trading we don't always get profit, we will get failure too at the some time. If you want get profit in trading of course it is very possible if you want to try hard and do your best so it really depends on the coin that chosen and also how we can manage it. Not everyone can trade well but learning from a failure one can become better at trading. So it would be better if we could learn from failure to be able to trade better in the future. Upgrade your skills and also increase the knowledge about trading because it will help us better understand the world of trading.

Very possible.
I personally do trading, but not a day trading.
We are here in the crypto world is commonly doing trading or investment both short or long term.
We can see our chances, ability, and our readiness when trading. Because we know that trading needs very high risk. We cannot ignore, but we can minimize losing by setting right analysis.
However if we always face losing  it menas there is wrong with our trading ways or strategy. Try to find them and make better strategy

Active trades
Daytrades
Swing trades
Trend trades
Long term trades.

It doesnt matter because it is sharing on the common goal which is to make profits.It is really just having that main difference on duration and
this one implies different set of skill levels on a certain individual because this doesnt suit out for all.

You wont really sustain out if you dont know on how to deal with this very unpredictable market.

Great time to sell coins, from $3 to $10 you have already made a profit. Don't be greedy to keep waiting for it to go up because there is a bad chance that the coin will actually go down, so I suggest you sell it at a price of $ 10 even though the dollar is still uncertain. If there is an opportunity to sell as soon as possible, just sell it, don't waste time, but still make considerations but must move quickly.

Such a great increase and it will get a big profit if it decides to sell it,
no need to hesitate to sell it as long as it's profitable do it,
or maybe sell half of it and keep the other half but it all depends on each person's decision

Trading is profitable, but also not, it depends entirely on you on how you're going to make it profitable. Without no decent skills on it, I don't see trading as a profitable investment. I've been trading in Binance futures since 2020 but I've got no luck on it, that's why I decided to stick to stock trading and luckily I've made profits already.

Stock trading might be low risk and low reward, but I love it since a profit is still a profit no matter how small it is.

Everything is possible in crypto. Once can make profit which was not possible in past. Trading is little risky because market is volatile but if you have professional skill of analyzing chart and good management of investment than yes you can make nice profit from trading.

Are you trading on futures? That must be a beginner's mistake and if you are able to arrange new funds then you may try on spot trading with high volume cryptocurrencies. Anyhow, only your skills must be the key factor for your results in trading which can be true for both derivative and spot trading.

In-between skills and management there is another requirement for success in trading which must be experiences. Because, just learning from books may not help you in real market but if you practice in live markets then profit making in trading is possible.

I was supposed to say that it was a risky try for everyone who is new in trading but this gonna be more profiting if you are knowledgeable enough and really have the skill. But because we wanted to learn about trading, we don't care much about losing, instead we urge ourselves to do it despite a very challenging market that sometimes is hard to understand.

Knowledge, skill, and experience are a complete package that we need to acquire in order to become more profiting, and to earn every day was pretty easy if we have reached already that level of expertise. And never think this was easy, No, that really it takes several months.

Yes, cryptocurrency trading really gives profit, but it's very risk, if you are lucky and buy crypto token when the price is low, and you hold the coin to a particular time, if the price pump then you sell and claim your profit.

Yes, you are right that it is a high risk for the newbies, But you have to agree if you do not take the risk you can't be able to learn properly.

Only paper/pen works can't make you a good trader, you must come on the actual battlefield. I've seen many traders who don't have any professional degree in trading, they are just learning and made themselves experienced by doing recharge and applying those on real-life trading. It's true at the beginning time they lost a huge amount by applying their immature methods, but gradually they have overcome from the uncertain situation and many of them are now pro traders. You must have to take the risk if you really want to earn something.

With time you’re going to learn. Just try to be doing research as much as possible and try to ask questions and get answers from those that have been trading for long. I have seen a lot of people who are self taught traders and never have to rely on anyone to teach them about trading face to face , they do everything by themselves and they keep on learning from YouTube videos and other trading lessons that they can find online.

So, I am also going to advise you to do the same thing that they are doing. Check out YouTube videos that teaches you about trading and gain more experience and learn good strategies and good luck on that.

Exactly possible, very possible.
That is why there are still so many cryptocurrency traders that we can find in this world. There are still so many traders that can earn money from trading.
Because for many people, trading is something very valuable and also promising. We can see how we are just from trading, getting good analysis and decision, tools, and also probably bot to encourage the good trading skills.
Btw, this also relate to certain skills that we can take of trading. We cannot only focus on profits but also risks.

if trading wasn't beneficial to traders, we can never think that they will stay there and keep on trading. But they did and that simply it means trading is profitable. Can't say they earn a profit everyday as not all are day traders but at least, we could see that many of these traders went succeed and have a better life after getting into this field, it is somewhat to see there are positive results than seeing negatively a far different from what the others are saying.
And yes, I have to confirm that...

Bot is not that good when it comes to profit as far as I know, It's better to keep polish your analysis and decision. Many people just dont have good enough skills to predict the market movement so they're using copytrading or bots. There's always a loss when it comes to investment or trading because it's the risk when we do trading but we should learn about our mistake and fix it in the future for better analysis. 

I don’t really know what to say about making use of bots in trading, because I have not used any of them at all. But I do see some people who say that making use of trading bots are really good and that they do profit from it. Sometimes they will even post their trade history to showcase how much that they were able to make by using a trading bot.

Although I know that things can be photo shopped these days and anyone can just do anything to make people believe whatever they want them to believe. And I know that it is also possible that they can just decide to take a screenshot of only the sides that the bots performed well. So, I can’t really say on that because I have not used it for once. But, I think copy trading is quite nice, although you also happen to lose when whoever you are copying loses. But before then you are given the chance to look at their trading history to know their winning percentage rate, before you decide on whether you should start copying them or not.

Finally, it’s always best like you have said that people should try to Polish their own skills and become professionals in trading so that they will be able to do it by themselves and not rely on anything at all. And there will always be risk in trading, we just have to be able to manage ourselves properly.

Profit and loss is part of the crypto market, every investor suffers loss in crypto trading so if you will trading by care then you can get the benefit but some time bad news in crypto can suffer the loss of investors so profit can be made if you keep eye on every thing news and crypto trends then you can make a profit.

It seems that you are missing some important information on what had help you to make sudden profits. I guess that you must include that so that it would be guiding many traders who are still struggling with continuous losses. Even after you have experienced profits from trading I guess there will be no need to doubt about the possibility of making profits from crypto trading any more in your case.

Yeah, there are lots of traders like OP who have made their experience upside down with the help of skills but people are still ignoring the importance of developing technical skills for making profits may not see such different experiences.

Indeed, you must know yourself. You have to know your ability. Don't force it if you can't. Since I'm sure not everyone has the same skills, they have expertise in their respective fields. Although actually I am sure all things can be learned even though the results will not be maximal. Therefore taking the decision to stop is good because everything has to be limited. If you stay afloated maybe it will only cause you to lose a lot of money.
Big profits start from small ones that continue to grow. I think you should be happy because it's better to have a little profit that continues from a big profit and can't continue.

^ Definitely right, trading needs skills, knowledge, and strategies before it will consider that the chances of getting profit were there.
The reason why most traders have made a decision of quitting trading because they are lack knowledge, they think that trading is just that easy of making money. They did not know the fact that there is no free money that you will get easily. Because in trading there is a lot of competition and I think you must get ready first and it should have more fund is able to survive. Nevertheless, think about that in trading if there is a winner there could be a loser, and don't be a part of those losers.

Well, if you think you are not capable to make profits in trading, then continue learning and building your own strategies. If it still give you losses most often, maybe after 3-5 attempts, i guess you will consider quitting from it and maybe in investing, you will be good at it. Just try because you won't really succeed if you never try. I believe trading will only be profitable if you know how to deal with its risk in the first place. And once you decide to trade, take extra effort and always focus on getting your goal.

That is the thing we suppose to do. And it was clear that trading can't be an easy ride and then make a profit quickly, we'll be making it hard for that sake and if we are incapable of doing it, then we have to move on. And even we do understand trading and even we know how to trade, it doesn't mean that at all be making good and profit always. Nha, trading never looks like that as sometimes we make losses aside from making a profit.

Effort committed to it, learn from mistakes, have a positive mindset, have extra patience...these things are very important and a must to carry when trading.

Trading is profitable if you do it correctly, many traders already prove this one especially if you trade continuously with a goals to achieve. Its normal to lose money in trading, what you can do is to be more consistent and have more winnings than your losses. Trading is a work, you should take it seriously.

you can't expect overnight success in trading. it would take years how to learn those strategies, and you do need time to study the projects that you want to get involved with. it is not advisable to trade blindly, as you can easily lose money if you do that way.
expect that you will lose money before you can gain profit. it is not a one-time deal where you will win at your first plunge. this needs patience and hard work, of course, you should understand the basics of crypto trading at the start. you will be eaten alive if you are entering in this market without any kind of preparation.

This shouldn't imply that that you will not experience a few misfortunes along the street, in any case assuming you see how the market functions, you certainly will create gains. I figure you can attempt it assuming you will invest additional energy and able to follow the market all day long.

Trading is indeed profitable, many people are probably making huge funds from daily trading. Although, is highly risky and is always associated with huge loses. However, to profit from trade, it usually involves a good and effective strategy, lot of researchse and lot of experience. Nevertheless, one thing i don't usually like about trading is that is consumes a lot of time. But, if the trader can take good advantages of the market, he/she will definitely make nice funds.

of course it is very much possible, but we have to also remember that the same probability we have to make a profit is the same probability that exists to make a loss in trading, its all about choosing the best trade setups to minimize the chances of making a loss!

Other pointers to remember is that practice risk management, do not overtrade, and also analyze your charts before taking trades and make use of higher time frame biasness.

The profit/loss goes side by side and you cannot always be in profit because sometimes market is in red and you suffer loss but you can have strategies to minimise your loss and risk.You can always make your own trading rules after analysing the market conditions and see the output on each variation.This is long process and we grow as we learn with experience.

Exactly, by trading profit making is possible. Look for good fundamental cryptos and skip others. Many people are trade and Invest only in 10 to 15 crypto’s. But still it’s giving good returns consistently. Be selective always, before buying any crypto check Chart, coin market cap, crypto panic, galaxy score etc.

I guess traders were aware of the situation that not all the time the market went bullish that traders are having a huge opportunity to make a profit. Likewise, it can be sometimes it was on the bearish and those who won't able to understand it will simply making complain and ask why? It is simple, trading will be profitable if we are able to understand it, and we do our best to make the reach of goal. But this can never ever happen for those who come without backup knowledge and even thinking for easy money, I would say that it ends up horrible.

Investing in 10-15 cryptos, they're already much for me. If you're an investor, you don't have to have that much diversification if you're aiming for the gain.

Because such number will always make your portfolio move and it's just like going to swing around and you won't gain that much, IMO. But if you're a trader and you're diversified that much and you think that it's essential for you to be like that, your money - your rules - your strategy.

Yeah, crypto trading is having equal possibilities for both profits and losses always and you need to make your skills work for you to push the odds for being profitable by beating out the losing chances. There are many people who initially faced losses and then corrected their mistakes and then turned into profits side and you are not the fist one doing so. Also, it would be too good if you keep making more profits by minimizing your losses. But, most traders may not do that.

When you always open your trades only as per technical analysis then you might be getting enough chances to make profits and if you start following your emotions then you may get trapped very soon. If you make technical analysis as a habit then you can make enjoying profits as a habit.

In trading, we must have good management, we must exert all our management, be it time, finance, and others. Trading can provide benefits for all traders, I myself consider trading as a place of income to meet daily needs. You yourself have made a profit, this is very good and a motivation for other traders. The most important thing is to master the market and the analytical skills that we must have.

This is simply talks about daytrade which its actually true that making out profits in short term basis or as early as possible is the most hardest kind of trading which it doesnt really fit out everybody in doing so and thats

why you would see that most of them do decide not to touch day or active trades because they werent capable on doing so thats why they do hold up instead of dealing with it actively.

You could make out money but it wont be simple as it sounds thats why you should be wise on what kind of trading you would be dealing with.

For some of us, daily trading is not an option! I tried it and it didn't work for me, it's complicated, you really need to know what you are doing if you want to be profitable... I couldn't find myself in that! People who want to daily trade should try with some small capital at first, just in case... you can't imagine how things can go wrong pretty quickly!
But people are making a profit with daily trading and that's a fact! I just think it's easier to make a profit with mid and long-term trades, to find some good coins, and wait for dips, that always come, later you sell when the price rise and you repeat the circle, waiting for another dip!

Well, I can bet that there are no traders who can do that making a profit daily, even how expert you are in trading, the possibility of losing per day is very high and it doe not give a guarantee that it will happen. I have already done this during the pandemic and hoping that I can able sustain my daily needs through the outcome of daily trading but I was failed, there is no assurance that you can generate profit in trading, and in fact, I lose all my money at the end.

Actually, OP is not literally losing always. It's just that there are times of experiencing a big loss which should be normal as even professional traders are also losing big today. As long as OP is learning from those losses, just keep moving forward to build a good winning experience.

OP is trading for a long time now and is not totally a newbie therefore, lots of strategies are already used while OP is advancing on his trading experience.

Again, just keep moving forward and treat those losses as a lesson.

Never put your own experience to generalize all traders around the world.
We don't know who are exactly traders in the world, how they trade, how much, and how why they're still here.
I know several traders that I think are quite professionals, trading since 2015.
They are a daily trader, trading in most Future markets, some of them are using the paid bot (AI), and they have so many capitals.
yes, they sometimes experience some loss every day, but they are trading not only once and not only one coin or token, they are doing it several times and also several trading opens.
They may lose once, but they take profits in other trading positions on the same day.

We all know that trading is a tough way of earning .There are many things related on this which you need to learn and follow as well .You said that you have made enough loss ,i think it was your beginning time .Now you are getting profit after having experienced on this field .We all know that crypto market is high volatile so it is to ern from trading here and also you can make huge amount of loss if you don't know anything concern it .However you have to learn trading here there are lots of option here for trading like spot ,future,day trading and many more tricks and option .You have to study everything properly before you enter on the market .Then you can start with small amount after having more experience we can really get profit from trading  .Its a great platform so that it is always a chance to get profit from here if we know everything properly .

It is possible to make a profit by trading but it is not always possible to make a profit as there will be profit there will be possibility of loss. Both must be controlled and moved forward success is achieved by trading and the more you analyze the market the more likely you are to make a profit the reason for the loss is that everyone does one thing as the market rises a lot and seems to be rising when it thinks it may want to take a trade but when you look at the e chart it is more likely to go down when the price rises too high. These need to be verified to determine the trade.

Yes if you know how to trade and if you are able to have a good analysis and instinct in trading which can be achieved by training or constantly trading but if you've been trading for more than a year and you are still not earning and still don't know how to make profit in trading, then there's something with your analysis and you need further knowledge and experience in trading.

Day trading is an extremely difficult and competitive market. It's been estimated that 95% of day traders lose money, but it can be done profitably for those who persevere in the long term - about 5%. If you're thinking about starting your first trade ever then here are three things to know: 1) There aren't many people with successful track records 2), The risks associated make this technique worth consider despite his/her losses 3). Making cash Chrome browser extension.

Have you ever tried something new? I have a technique that has been very successful in day trading. It only takes about 10 minutes of your time and offers some great results!

9.15 a.m.–9.25 a.m. - Find Stocks that Have opened with a GAP up or Down of more than 2%. Out of 200 F&O stocks, you have cut down your selection criteria to 3–4 stock. There is some news in this stock, or some large investor wants to buy large quantities in this stock and hence the GAP.

9.25 a.m–9.30 a.m. - There will be 3 data points available 1) Volume. 2) High. 3) Low. Volume has to be higher than previous days volume in 10–15 mins. Now keep a buying Stop Loss above the days High. Example, yesterday stock A closed at 100, today it opened at 103 and in the first 10 mins made a low at 102.55 and High of 103.5. As soon as it crosses its 15 minute high of 103.5 buy it.

9.30 am–3.30 pm - Once the Buy order is triggered, Keep days low or weighted average price (available on all trading software like zerodha, Sharekhan etc. for free) as your Stop Loss. Keep Riding the stock until its 3.15 or Your trailing stop loss is triggered or You get your desired profit for the day.
Remember 1 thing that excess greediness is the root cause of failure in Day Trading.

Nope i think your words are just based on your experienced and your inner circle traders who have similiar fate to you. There are many daytraders who could earn their profits daily, maybe there are some days they got loss but if they took the average the amount of losing trades is much lower than the profits.
Nowdays there are a lot of daytraders sets their daily trade on a live stream, we could see how they make profits with 5-15 minutes time frame, i saw a lot of those traders on youtube live and tiktok.
So it's possible to trade for living and making trade as a main job if we already experts at it.

It is true that losses are also part of trading, so if you are getting loss don't be worried learn more practice more ultimately your loss ratio with respect to profit will be nothing.

I think that's how trading should be. If you see you're not profitable anymore and just keep acquiring losses, learn to study more and create other strategies that will perfectly suit on you. In no time, you will regain what you had lose. But definitely, losses are already part of trading. If you can't accept losses, then you should not be trading in the first place. Because trading is high risk, and once you do it, you should perform it with full of knowledge, focus and patience. And with experience, i know you will be able to manage the risk.

Learning trading has a long and continuous process so it will definitely take time before you can say you are already a master of it. But if you think you are still incurring more losses than gains even a year of trading, i think the problem is in you. Give yourself a break, and come back when you think you are better and is more ready to regain all your losses. I suggest focus on long term trading first because that will ensure more profits and definitely has a low risk. Day trading is more risky so you need to have gained more good experiences first before you'll see yourself confident in day trading.

I think what you have experienced is almost the same as others. Don't always expect that what you have to desire will always happen. There is always a loss even for hardcore traders. What will be the most beneficial will always depend on what you think about the situation. You are already an experienced trader and I know you can face every problem you will face in the future.

We always face such struggles no matter what we do, something we can't change. But we have the reason why we keep doing this and that is why we continue trading, that unless if not profiting anymore.

Indeed, you are right, we can't expect much in trading as we don't owe the market as well. But what we can do is to do the best and make our strategies work.

No trader has a 100% track record so not every single one of those plays will work every single trade but if you do it consistently enough in regards to the momentum of the market you are more than likely to have a winning trade over 50% of the time.

This may help by not trading but converting coins vs selling the profit...search out Fuzzycrypto on YouTube he's a newbie on the tube but has a great strategy...

People have wondered about this question all the time and if they spent half the time on learning how to trade instead of wondering if they could, they have made some profit instead. I personally believe that there is going to be something that is decent about this, where people could make a profit by trading doing this or that talked here but usually that doesn't even happen aside from a few posts. Trading could be profitable to people who know what they are doing and only to them, it is not a profit making machine.

You are not going to get rich just because you started to trade, you are not going to be losing money just because you are new neither because you could get lucky. Learning how to trade and being lucky at the same time equals to having a lot of profit, that doesn't happen all the time but it doesn't never happen neither, so just need some patience.

You are right. Don't worry if you think you are losing in trading, because most of the traders are really experiencing losses in trading. And there's no way we can avoid that. But we can learn to minimize from committing losses if we can always use a strategy that will be good for any season of the market. I mean its always better to upgrade our strategies every now and then because as the market continues to create changes, our strategies too will also be flexible in every market situation and that is why we also need to work on our strategies and our personal attitude towards trading.

Trading is sometimes more of a gambling since you have no assurance if you will make gains or losses in the next trade. But if you have good strategies to combat losses and you know exactly how to use and when to use them, you will certainly end your trading with significant gains. But this will not happen always as some of your trades are definitely destined to lose. And the fact that you lose, that gives other traders to win of course. So maybe just be open to both sides so you will last long in trading.

First, it's kind of difficult to really understand exactly what you were trying to say, but going but your subject, the answer is yes, first, you should think... If trading crypto currencies wasn't profitable, how come many people are trading it, there are those who even take it as their day job, what I mean by day job is.. It's their profession, they have so mastered trading that they even make more money than some CEOs of companies operating outside crypto.

So to cap, crypto trading is highly profitable if you know what you are doing, if it's not working for you yet, it's because you are yet to master the skill.

That basically covers the whole tutorial on, "how to be a successful trader" in my view. Your comment is merit worthy, sad I don't have any to splash on it now (I will have to revisit this though). The discipline aspect takes care of the killer emotions which every trader is exposed to. Without a grip on one's emotions, whatever trading skills one has is messed up during life trading.

And to the OP, yes people do make a living from trading. We've full time traders. I mean, traders who do nothing else to put good on the table apart from trading.

10 years? I guess that must be too long period of time even for a part time/occasional trader. A hard working person will learn all the required skills of trading within six month and a lazy one will not learn anything even after trading for 25 years. So, you cannot define a time period to gather enough experience for being successful in trading.

Anyone can be a profitable traders in this crypto space if they care to learn and to practice.

You are right, in fact if trading is taken as a job it is something very serious, and to have a final decision regarding it, it is also necessary to emphasize that each person has a skill for the types of trading, there are people who are good For long-term trading, other short-term, I know friends who have quit their job because they simply earned 4USD, and it seems more profitable to trade that way they lose a little, because for them it is better to lose 10 USD but when they win, they earn around 30usd, they already see it as a job and have learned risk management applied to their money.

Life is not balance, at times thing do not work the way we thing,you can't be gaining always,sometimes you loose another time you gain, it will be good for you to trade with  coin instead of dollar, and the best way to trade is to buy low and sell high especially when you are trading with bitcoin.

Buy low and Sell high is the most common or basic principle of trades but its not really simple as it sounds or make out some action execution due to unpredictability of the market.

You cant really just buy without putting up some analysis towards those decisions and this is what make things harder for you to consider out.You could make out profits with trading

but it would vary or does depend on how you do trade and we know that not all would really be that skillful or knowledgeable on things.

People are making money form trading every day so you need to get the right skill since it's been long you get trading. Trading is not easy as we all think so get the right information so you can win at last. I lost big money recently in trading which really shocked me but I'm not surprised because that is how the market works. You win today and lose tomorrow.

That's always the thing we hear and say.

Very common but still many are being rekt by their own trading strategy because they're not confident with what they think. They hear others and do the opposite of that strategy.

They buy high and sell low and it's due to panic.

Life is all about luck, life is all about risk and our destiny are not the same. In this life some people make it with Grace while some people make it with their efforts. Yes you can make profit but you have to be on alert, you don't just have to sit and be expecting profit you have to work hard. Get profit from trading is not an easy task so prepare

It's not good to get used to listening to others without being able to make decisions for yourself,
living like that is just a waste of time,
Don't rely too much on others, better learn to improve yourself

a lot of things happen, where expectations don't match reality, we dare to buy at high prices, because we don't want to miss the opportunity to make a profit. from this, greed seems to always appear in our hearts, and finally the market rect, panic sell occurs. therefore we must stabilize psychologically to be able to think calmly before taking action

Currently the market situation is much worse. It is not possible to make a profit by trading at such a time. However, they are trading futures, especially since they are not making much profit at the moment and they are in a lot of losses. However, there are two coins that give a lot of profit, but luck is counted.So I think it's better not to trade when the market is bad. If you want to trade, you have to analyze the different markets and the different coins that you will be trading.

Nothing to listen to what others say.

If it's a good suggestion, you're free to follow it but if you don't like what you've heard, you're also free not to listen and just ignore them.

We have our own decisions to make and there are times that those suggestions might be helpful to us.

No need to switch over to different coins when the market is sideways or down trend. You just need to improvise your technical analysis to make you more skilled to make profits in all market conditions as profiting is possible at all market situations. If you keep changing like that then you may not find time to trade as you may need to look for new market and new coin to trade.

I mean bitcoin is enough for any one to trade to make profits as bitcoin market is always having good volume and enough price movement to apply our technical analysis to buy at low and to sell higher than that.

When traders are not profitable with their own signal generations then they start relying on other's signal for their each and every decisions of buy/sell of crypto trading and in my opinion, it may not be a bad thing as long as you are able to make profits. Instead of losing all the capital within the process of testing own technical analysis, I also believe it would be better to buy signals from third parties. If you are able to take a break from trading for the reason of enhancing your trading skills and to practice in paper trading then you may not need to go buying signals.

It's possible to make a surplus profit from trading the thing is that many people don't want to believe understand that trading is like game at times you will trade all your capital will go away and some times you merit some profit in trading, but at least before you go into trading you have to study and know and also practice well the kind of trading you want to do, future trading is not the best trading that provides profit many people go into it, making profit from trading is base on your brain in trading

Yes it’s possible if you know a lot about TAs, reading the charts, candlesticks, etc., but always be ready for the unexpected. In crypto trading, expect that you lose most of the time. Changing your perspective and mindset will make your disappointment and frustration much lesser than those newbies and beginners who are prone to being emotional after a loss.

but sometimes a demo account with a real account will be much different. when using a demo account we always gain, but when we use a real account we lose a lot. Mental readiness and analysis need to be considered. Everyone does expect profits, but don't forget what the risks will be and how to handle those risks. Safe and managed trading will be very helpful.

Demo trades isnt bad for the sake of having a good grasps of everything in related with trading but real experiences could be attained with real fund or capital accounts in trades on which you would really be doing your

best on making trades since you know that money is on risk and thats why mistakes shouldnt really be that on severe manner because this could totally fucked up your entire trading career.

Of course you could make money or profits with trading but this isnt something simple as it sounds yet it would be needing lots of factors for you to do so.

Well, I guess you know the answer already to your own question dude, so why are you asking if we can get profit by trading? your stupid if you don't know the answer for this query, excuse me for the term anyway. It is because there are only 3 ways for us to grow our cryptocurrency here in this business and they are Staking, Farming and Trading.

Trading can give you much profit if you have much savings and that you won't regret after losing money in some coins that will give you a loss, so it would be  better to trade like that was your own business and think trading like a business which can also give you a loss or sometimes more profit as well, so it is better as well.

That's true but we also have to have a strategy in trading to make a profit,
day trading or investing long term can make profit and it depends how we manage it,
investing or trading there will always be risks so be careful

I do believe that trading can earn us money. First of all the trading world is a zero sum game, no money is disappearing. If you are making a loss than someone else is making money. It can't be that we all make money that the same time. When it comes to losing money in a trade we need to determine if we made an error on our research and the coin is not as good as we hoped, or if the overall market is just moving against us. A lot of price movements in the alt coin market is due to bitcoin market. If bitcoins are going down so are most other crypto coins. Like you I would rather hold a coin longer and wait for the price to rebound than to sell it too quickly in the red.

yes mate is it is possible to make a profit from trading. if you want to make money from trading then you should first get knowledge for trading. first, the most important question is what is cryptocurrency. I suggest that you should follow someone how is an expert in trading by following you will get good knowledge and also profit.

The main reason why we trade is to make profit,earn a living and live well.If there were no profits I'm trading we won't have  been trading,the energy and time would have been given to something else that brings profit and not trading.

But because trading is highly profitable,majority of the human populace have shifted their attention to it.

You forgot to tell OP that there's only a few people that can profit from trading as it's an unforgiving endeavour and you can't really guarantee an everyday profit with trading and in a grand scale of things, you probably have more losses than profit. Also, it would be difficult for you to follow an expert because there's always the consideration that what might work for the expert might not work for you and you will end up frustrated.

I figure you can attempt it on the off chance that you will invest additional effort and able to follow the market all day long. I figure you should take a stab at doing exchanging with Bitcoins and other digital forms of money rather than dollars as your fundamental cash parse. I have questioned the merchant you mean is the individual you have known outside and you purchase coins at a modest cost and this isn't tradable yet on the lookout.

This is true, if you suffer losses on today and then it's not your day and you should just take a break for that day. There is no reason to chasing your losses so you can trade more but in the end you just end up to losing more money because of greediness, that's a rule of thumb when you are trying to trade regularly.

Patience is a key. Chasing big profit sounds good but making profit slowly but learning the process is much better in my opinion.

Personally, I believe that trading is always a profitable business. But there are times when trading just doesn't work. And none of the strategies work. And in such cases, I always take a break to collect my thoughts and start trading again. The most important thing in trading is patience and not panicking when losses occur.

Profits and losses are part of trading journey. But yes obviously you can gain profits when you have invested on the right coin.  Analyse and choose the 5 best coins to that you can jump from one to other. Never borrow and invest. Crypto trading platform is really a awesome platform to invest and earn more profits. Learn trading and its Technics so that you can easily handle and earn money.

It is not easy to make a profit from trading but it takes a lot of time for new traders to understand this and also loses a lot of money. In order to trade, the trader needs to understand the movement of the market and also guess about the future trends of the market.

And this will require acquiring accurate knowledge about trading and developing trading skills. Without trading knowledge, no trader will be able to make a profit in the market for a long time, at some point he will lose his profit in the market again.

A good trader hopes to gain and expect to lose. Because there is no way you can avoid losing when it comes to daily trading. However, Making money from trading is very possible, but not easy. It depends on your strategy and how experienced you are. Also, is adviseable to invest what you can afford to lose, there are times the market behaves funny. Nevertheless, is really important to make good research before putting money on a coin, not all coins are actually worth investing in.

I personally depend on trading and to be honest with you trading is not really easy the way people think it is but when you get to understand it very well you will definitely be making huge profits, some people lose money in trading because they don't even understand the basics of cryptocurrency and they don't know the basic things which they are suppose to know.

Trading is a easy way to be profited but it's not for all classes of people. Because everyone isn't perfect on trading. In trading, experience and market analysis is required. Without proper knowledge about trading, you can lose your main assets also. Learn first and then you'll be able to earn good amount of money from trading.

Good point, not always profitable unless you are really good at it, even experienced traders do suffer from bad results they are just good in controlling their emotions and the money that they are using to trade, the outcome rely with how you understand the trading market that you are involved with, the deeper you know the bigger the chance you can succeed.

Always find your advantages and make a good use out of it, knowing all the grounds inside the business surely gave upper hand.

Being ready for everything would help out a lot but also having a plan is very important too. Make sure what your end goal is, if you want to make 10k profit and you got it, do not stop think maybe you should make more, there are tons of people who reach to their goals and they do not get out because they increase their goals, do not do that because you will aim for 10k, get it, have new goal of 20k and lose that 10k instead.

So have a goal, and prepare yourself to reach that goal, make constant investments, go in and out depending on where you feel bitcoin is going. If you lay out your plan like that, you are going to have a much easier road, even if you get further away from your goal, you will at least know where to go and that will help you with your investments.

Of course that's why most people are into trading, it is to make profit it's always a profit and it is what is on the mind of all traders but just because it is possible to earn doesn't mean that you are going to earn. There is still a chance and actually a high chance of losing trade rather than earning if you are not that careful.

But the truth is that trading can't be profit always, but yeah, some people made some while the others are in losses as well. This is how it works and this is the reason why some are about to fail and quit trading. And those who keep in trading until now or even in the future could prove that trading hard work for them and they will stay on that job.
For what will be the reason of being trading if they are not in profit, right? That seems an odds, actually.

Indeed when talking about crypto trading most people only see it can make a profit without knowing the process,
other than that trading is risky and it requires knowledge and skills,
losing money is a process and a part of trading

Yes, it is possible as long as you have a good plan.

A plan that you will follow no matter what greed or fear you may felt. That plan must include the correct risk and reward ratio so you don't lose all of your capital when bad times
happen that some trades aren't going to what it should be.

Just focus on building your trading plan right now, develop a R:R ratio and stick to it.

If you want to make a profit by trading first you have to acquire knowledge about trading and then if you conduct trade on the advice of a trader, I hope you will be in profit most of the time. My personal advice however, is that when conducting a trade it is important to keep in mind that it is best not to invest more than 30% of your total money in the first trade.

I believe that Crypto trading makes money.when you start trading, You need to proper skill and proper knowledge about trading. You can learn from article also Youtibe video.I Think you should choose good coin or token and always choose valuable coin.Don't be panic in trading. Panic traders loses his money.Trading is a risky but when you have keep patience i think you can make good profit by trading.

You could really make money but you would also lost it out if you dont be careful on what you are doing.It does involve lots of analysis and situational handling plus
controlling off your emotions plus good risks management and good finance management.If you do have all of these qualities then you could possibly able
to handle or sustain yourself into this market but of course it wouldnt be talking in a short span of time.

There is one segment that always profits from day trading no matter what.  That's the exchanges that are traded on.  The traders largely lose money at astounding rates.  Especially the leveraged traders.  They might as well just be making donations to exchanges at this point, at least then they would limit the amounts to what they could afford to lose.

My take on it is if you want to make money from trading, make money off the traders.  There are plenty of exchanges and DeFi opportunities to get paid from providing liquidity to traders.  Either with lending your funds to the leveraged traders, or setting up trading pairs that earn you income as the value of the underlying currency moves up and down.

Everyone wants to be the guy that strikes gold, but there's plenty of opportunities for shovel salesmen. 

Trading is indeed profitable, many people are probably making huge funds from daily trading. Although, is highly risky and is always associated with huge loses. However, to profit from trade, it usually involves a good and effective strategy, lot of research and lot of experience. Nevertheless, one thing i don't usually like about trading is that is consumes a lot of time. But, if the trader can take good advantages of the market, he/she will definitely make nice funds.

I agree 100% because anyone make a profit through a trading but the important point is that they will know about trading many people have not knowledge about these things but they want to invest and they will invest into a rong token so definitely they will gain a loss so its possible you get a profit but main point knowledge.

Yes. It is possible. In fact, a lot of traders make money from trading. However, trading is very risky, and without proper knowledge, traders shouldn’t trade. If you are a new trader, then you should step into trading with small risks and gradually improve as you get better.

Trading in general aren't that very risky but if you say specifically about cryptocurrency trading then that's where huge risks comes into play. I don't know if anyone are aware but even those who don't have proper knowledge can still trade but having known the basics will definitely have edge over the market. If you're new then stick to spot market and definitely avoid the futures market at all and if you dip your toes in it be sure to know the basics as well such as setting stop-loss feature.

Life is all about taking risk, to become successful you have to take risk. In trading you take risk, when you are trading two things will happen is either you gain or loss. You have to be patients while trading to earn profit and focus on what to trade on, most of the time people trade, they trade on something  worthless and expect huge profit.
Trade wisely....

Before starting to trade at least we prepare as well as knowledge and skills and that is the important thing,
it will be very risky if we don't prepare anything,
other than that we will easily lose money

Trading wisely, of course, is very desirable. It takes several strategies that must be really implemented, don't just state a theory, but there are actions taken when trading. Risk management, capital management, psychological management will be very influential, and technical analysis and fundamentals will determine how well you trade. and the last one is luck factor, but very small.

I m trading long time ago in my experience it is possible to trade via thinking and expecting good hope so it is possible to make money from trade.but I m clearly say to you that in trading some time market can create happened if it have a fud news.