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Economy => Trading Discussion => Topic started by: khiholangkang on January 29, 2024, 03:11:20 PM



Title: Why do many people fail in trade?
Post by: khiholangkang on January 29, 2024, 03:11:20 PM
I see a lot of traders who fail in this field, because they do not have patience and consistency in learning, that they are successful traders who study for more than a year or even two years so that they can have the ability to analyze the market and can have their own methods in making profits from trading.
Many who have just learned one month to one semester they give up and no longer want to trade, please note that naturally fruitful trees are trees that grow with a long period of time so that they can bear heavy fruit and can provide benefits for both the owner or others.

Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.

Focus, be consistent, learn from your mistakes and think that building an empire takes time.

What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.


Title: Re: Why do many people fail in trade?
Post by: bittraffic on January 29, 2024, 03:26:38 PM

Most of the users who attempt to try trading I think have the goal in mind to learn it quickly with a crash course and hope to make a living with it.

In my case, I tried to learn quickly because there was a need for money, and wanted an immediate answer. I did lose more during my first few months maybe up to 6 months, I was just at the right time because I came to crypto just when the bull market was starting. If it weren't for it, I wouldn't have the capital to keep trying.
But eventually, I learned to only trade when the market is bullish.


Title: Re: Why do many people fail in trade?
Post by: Oshosondy on January 29, 2024, 03:27:07 PM
Traders that are losing are far more than the traders that are making money from trading.

The best way to trade is to begin with appropriate plan for money management. I am still resting since this year began, I did used just 5% for trading from my weekly income.

Trading can disappoint you but you will not disappoint yourself by not spending the amount of money that you can not afford to lose.

Risks management is very important in trading. Followed by having technical strategies to win than lose and learn about indicators.


Title: Re: Why do many people fail in trade?
Post by: jrrsparkles on January 29, 2024, 04:05:38 PM
You can learn about trading one or two years or just start after knowing the basics but success depends on many factors and importantly their decision making abilities at the current market conditions. This modern era people think that trading is easy way to become rich but it's not, trading is highly unpredictable event so you have high risk hanging around your capital all the time. It will just take one bad day to eat the profits you made in one month.

Trading will get better with real life experience and one who has other revenue sources can excel in trading than one who do trading as their only job.


Title: Re: Why do many people fail in trade?
Post by: TheUltraElite on January 29, 2024, 04:17:54 PM
There is one single reason for this.

One thing that comes out front is that many trader become traders when the market is showing the uptrend and the mainstream buzz on crypto is out of the roof. That is the wrong time to buy. These are the same people who will sulk at the bear market and sell off at a loss and then go to reddit to complain that bitcoin is a scam.

These things can be prevented by prior experience to other speculative markets and by dummy trading while reading the past charts.

Still trading is not for everyone, if one continues to lose in trading, better to avoid it.


Title: Re: Why do many people fail in trade?
Post by: Lakai01 on January 29, 2024, 04:25:30 PM
One thing that comes out front is that many trader become traders when the market is showing the uptrend and the mainstream buzz on crypto is out of the roof. That is the wrong time to buy. These are the same people who will sulk at the bear market and sell off at a loss and then go to reddit to complain that bitcoin is a scam.
[...]
You are basically right, of course, but what you are describing here is not trading but a classic (failed) investment. A trader does not care about the actual market sentiment (bullish vs. bearish), as this has no effect on the traded time frames (15m, 1h, ...).

However, the situation you describe naturally applies to a new investor. You buy Bitcoin (maybe even at the ATH) and quickly assume that the investment will double or triple in value ... and are then hugely disappointed when it doesn't.


Title: Re: Why do many people fail in trade?
Post by: kentrolla on January 29, 2024, 04:51:00 PM
I think you have covered most of the common mistakes wherein I would like to emphasize once again on the point that trading is not gambling as it will take time to learn and make profit but most of the people fail due to lack of patience and making unwanted trades during volatility to make profit which ends up in loss. I think no one should directly start trading but rather they need to do it using demo account and learn which strategy works for them for which coins as they need to analyze themselves before analyzing the market. I would say never trade altcoins if you are new rather stick to Bitcoin.


Title: Re: Why do many people fail in trade?
Post by: Tipstar on January 29, 2024, 05:06:15 PM
Another thing the traders should have is a plan. Many of the traders do trade on emotions and gut feeling rather than having a proper plan to take profits or stop loss.
An example of myself when I first started leveraged trading, I put my bet on a coin and on my first time it hit it's higher point at 4 hours since I bought. I was so happy with that 20% profit that I invested both my principal and profit on the same coin at a larger leverage. I should have thought there ought to be a correction after a price jump but I did everything cause I didn't had a plan.


Title: Re: Why do many people fail in trade?
Post by: AbuBhakar on January 29, 2024, 05:18:58 PM
I see a lot of traders who fail in this field, because they do not have patience and consistency in learning, that they are successful traders who study for more than a year or even two years so that they can have the ability to analyze the market and can have their own methods in making profits from trading.


Trading is competing against other traders to buy low and sell high. There’s no way for everyone to win on trading because trading is just transferring of wealth from one people to other people.

Many will surely lose if many already profit or someone profited big time because the liquidity on the orderbook of exchange comes from other traders and liquidity providers that aims to get profit too on their trade. Patience is really the key on trading but it’s important to remember that trading is a competition so you should be smarter to the majority if you want to be in profit that’s why investing is more beneficial than trading because you don’t need to compete but rather just wait to grow your holdings.


Title: Re: Why do many people fail in trade?
Post by: Huppercase on January 29, 2024, 05:19:39 PM
I see a lot of traders who fail in this field, because they do not have patience and consistency in learning, that they are successful traders who study for more than a year or even two years so that they can have the ability to analyze the market and can have their own methods in making profits from trading.

Some people failed not because they lack patience, don't generalize everything with your opinion when you know that there are lots of factors that can make a trader not live up to there expectations. Some people don't really know what trading is about until they start it and one thing some of them don't understand is trading is but not as simple as we discussed it.

Quote
Many who have just learned one month to one semester they give up and no longer want to trade, please note that naturally fruitful trees are trees that grow with a long period of time so that they can bear heavy fruit and can provide benefits for both the owner or others.

Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.

Just like I said, trading is like any other things that need your time, attention, your experience but time is the most required and lots of people don't have to give. Do you know that if you are addicted to trading, you might start having challenges of going outside frequently? You will like become an introverted person even if you afr not before and not everyone can give this for trading and hence the reason for reaching the aims and objectives.

Other things you listed are secondary, what I mentioned are primary.

Quote
Focus, be consistent, learn from your mistakes and think that building an empire takes time.

What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.

One thing about trading is that if you are not ready for it, even if you force it and you are not ready, it is going to yield nothing.
You need yourself to be ready. Learn things that you need to learn, get fund and utilize that basic to try your skills, you will improve with time if you continue like that because only by experience you can understand what trading is about and not by reading this, watching YouTube videos and Udemy videos, that's wouldn't help you so fast.


Title: Re: Why do many people fail in trade?
Post by: iv4n on January 29, 2024, 05:25:02 PM
I see a lot of traders who fail in this field, because they do not have patience and consistency in learning...

I think you answered your own question. There are many reasons why people fail to make a profit in trading, but probably the most common reason is a lack of patience. We all want to make a profit, and most of us want to make it as quickly as possible so we make mistakes. Been there and done that, when we hurry to make a profit we make a lot of mistakes, and in trading mistakes cost money. I lost a lot of money before I found what suits me and my temper, now I trade only with BTC and my trades are mid to long-term trades.



Title: Re: Why do many people fail in trade?
Post by: mirakal on January 29, 2024, 05:27:51 PM
A lot of traders end up losing in trading because they always see trading as a get rich quick, and when they experience the total opposite, they quickly resort into quitting, aside that they don’t have patience, they think that they have been deceived into trading. Their funds are just taken advantage, and if they still continue to trade, they might lose everything in the end and most probably left them homeless.

With this type of mindset, it’s not surprising that they will not succeed in trading. Even though these traders might be knowledgeable and skillful in their own ways, but the fact that their mindset is different from those successful ones, they will never achieve the goal of success no matter what, unless if they change and start to see the reality of trading, there might be chances that they will be successful in the end.


Title: Re: Why do many people fail in trade?
Post by: Viscore on January 29, 2024, 05:39:36 PM
I believe not all traders really know and understand how to trade. Otherwise, these failed traders won’t see theirselves walking out from trading and quit for good. If they don’t have the control over their emotions and their patience is not that high to control the situation, then obviously they will not become compatible with trading.

Learning trading takes time since it has a long way of process. For those who take the shortcuts, they might be profitable for short term but eventually they will face the struggles in trading. If they are not patient and knowledgeable enough, they will never sustain the risks in trading, and see theirselves as losers in trading.


Title: Re: Why do many people fail in trade?
Post by: Games.Bitcoin on January 29, 2024, 06:41:23 PM
The main reason for failure in trading is lack of patience. Because investing in anything you need to be patient. Turns out the market went bearish after you invested. And your investment becomes half of real wealth. Then the market is not going to grow easily. Then you have to be very patient for the next bull market to come.


Title: Re: Why do many people fail in trade?
Post by: Dr.Bitcoin_Strange on January 29, 2024, 06:51:57 PM
When a trader doesn't take their time to learn how to trade and develop a self-strategy that can help them to maximize profit, then they are entitled to losing more often in their trade. 

Personal Strategy can help a Trader make more Profit or end up with Loss in their Trade. So, one vital thing that a trader must learn is to develop their working trading strategy. It is not very wise to keep changing strategy when you are not yet familiar with any particular one. There are some traders who have the habit of using different strategies all the time, meanwhile they don't even have any particular strategy that they understand better. 


First, as a trader, before you can develop a winning strategy, you need to be consistent in learning and practicing that strategy all the time, until you master a particular strategy, don't deviate, unless you are having more loses with that strategy. 


Secondly, people fail in trade because of greed to make too much profit and therefore they apply a very high leverage instead of just applying a low leverage like 10x or 20x, which is recommended for inexperienced traders. 

Another aspect of greed that makes trade to fail in trade is when they have seen a huge profit in their trade position, but they still want to wait a bit longer to archive more profit. They could be waiting in that position and the market can just become volatile and they will still end up in loses. 

Lastly, weak emotion in trading can cause a trader to fail. Trading is not for any kind of person. Some people might be physically and financially okay to trade, but emotional weakness can cause them to make a wrong decision that can land them on loses. 


Title: Re: Why do many people fail in trade?
Post by: yhiaali3 on January 29, 2024, 07:54:50 PM
Yes, rushing is the most common mistake in trading, the reason is that people generally believe that Crypto is the field of rapid wealth.
Most of those who start trading recently think that they will achieve quick richness immediately after a few quick deals without having a lot of trading experience.

My share of such people, you must learn first and gain sufficient experience in trading and then learn good strategies and persist in them in patience until achieving goals, patience is an important key to the keys to success in trading.

The loss is not the end, but the most important thing is to learn from the loss and learn how to rise from the loss and avoid the mistakes that occurred in it.


Title: Re: Why do many people fail in trade?
Post by: ShowOff on January 29, 2024, 08:10:03 PM
What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.

Learning and improving skills and knowledge is the main thing to become a successful trader. I'm not sure what I want to add for consideration for other traders who are on the verge of giving up, but the two things I mentioned above are the most influential.

In my oppinion, not all traders will be successful, some of them will also fail. In all types of work, this is a consequence and not all of us will succeed together. The strategy may be the same, but the results will definitely be different. I don't care what other people experience as long as they don't ask about it, it's their problem and we're not responsible for fixing it.


Title: Re: Why do many people fail in trade?
Post by: batang_bitcoin on January 29, 2024, 08:25:01 PM
It is okay to give up trading when you can't learn the charts and analysis. What you can do is to go the traditional way of being a holder. You're still a trader in papers but you're only going to do it when you're about to sell. That is okay when you understand that trading isn't for you and many are actually not making a lot of money there but instead, losing more money. And if you're one of those people, you're just trying to do something which is right and that's to revert that decision coming from a trader to being an investor.


Title: Re: Why do many people fail in trade?
Post by: Rruchi man on January 29, 2024, 08:38:59 PM
What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.
A trader should not seek the easy way to make money. As a new trader, there is the usual temptation to join a signal group, even some of your tutor will try to convince you to join VIP groups with fees for profit. First step to failing as a new trader is to join these groups and start depending on them because it is an easy way to make money from trading.

As a trader, you will not be able to build sustenance in the market like that, If you think that you can, that is your failure already waiting to happen.


Title: Re: Why do many people fail in trade?
Post by: RewFrew on January 29, 2024, 08:48:00 PM
After pandemic many people involved in cryptocurrency market. Some of them are trading with various crypto. Some of them are profited form trading and some of them are fail in trading. I think it happening for lack of proper knowledge anout trading. Many people involving in trading but don’t have any knowledge anout trading.Wtith small knowledge they starting trade and fail in trading and they losing his valuable fund for proper trading knowledge. So they are losing his valuable fund.


Title: Re: Why do many people fail in trade?
Post by: Ndabagi01 on January 29, 2024, 08:50:00 PM
Focus, be consistent, learn from your mistakes and think that building an empire takes time.

What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.

Many people that fail in trading is because of lack of patience and the overzealousness to make it rich in time when many other people that had to pass through that process didn’t also make it overnight. It is very easy to spread the words of trading and how many big people have made it through trading. When it comes to the practical aspect of it, is when people realise that it is not about just saying it in the mouth but about employing that strategy that you’ve mastered to win over the market anytime you want to trade.

Any term that refers to patience and knowledge must be used when learning how to trade. If you don't have these two or the two components that can lead to any of the aforementioned, you won't get much out of trading and will be disappointed with your time spent learning. People use terms like "trading is good," "great," "not stressful," and "can make you rich" to persuade you to do it. But the fact is, they're saying the truth, and when you put in the effort, you'll see the results.


Title: Re: Why do many people fail in trade?
Post by: cute nmp on January 29, 2024, 09:05:23 PM
Most people are not ready to learn the skills many are into trading to get rich quick rather than focusing on acquiring knowledge and practicing it for month's .Most influencers especially youtubers have make it look so simple rather than telling the actual truth about it .In Reality Trading requires a sound knowledge,patience and a good risk management for one to be profitable and it takes a long time for one to become an expert


Title: Re: Why do many people fail in trade?
Post by: Abu-Naim on January 29, 2024, 09:52:58 PM
Many who have just learned one month to one semester they give up and no longer want to trade, please note that naturally fruitful trees are trees that grow with a long period of time so that they can bear heavy fruit and can provide benefits for both the owner or others.
All the people that learn trading for just short time are learning it just to get quick money with what they will learn; if these types of traders lose money, it usually happens because as a result of incomplete learning, and maybe because they are eager to make money without proper learning.


Quote
Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.

Focus, be consistent, learn from your mistakes and think that building an empire takes time.

What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.
Mistakes are part of learning and part of life; we can always make mistakes due to us been humans, therefore, little mistakes in trading are normal provided it is not a costly mistake that is done to ignorant.
Learning never ends, consistent learning keeps us up to date, and as a trader, you need to be learning regularly so as to avoid mistakes.


Title: Re: Why do many people fail in trade?
Post by: obuoma on January 29, 2024, 10:20:12 PM
I see a lot of traders who fail in this field, because they do not have patience and consistency in learning, that they are successful traders who study for more than a year or even two years so that they can have the ability to analyze the market and can have their own methods in making profits from trading.
Many who have just learned one month to one semester they give up and no longer want to trade, please note that naturally fruitful trees are trees that grow with a long period of time so that they can bear heavy fruit and can provide benefits for both the owner or others.

Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.

Focus, be consistent, learn from your mistakes and think that building an empire takes time.

What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.



 The truth remains that trading is not for everybody, some people are used to making money  through applying much energy  as such when such person venture into trading  it will be hard for him or she to keep profit made while trading.
Trading required high level of discipline. As a beginner you should  first note the following:
 
 1.understand that trading is not get rich quick business.
Once you have this mindset it will help you  to maintain high level of discipline knowing fully that the market will always provide you with new opportunities and you will avoid chasing trade for  the fear of missing out.

2.Have different source of income.
Trading is more of psychology, having another source of income to solve your basic needs will help you to succeed in trading business. Never you have the mindset of solving your urgent needs using trading. Trading is a long time journey.
 
3.Develop a trading plan.
Never you trade without trading plan and always follow your trading plan accordingly. A good trading plan should be develop based on risk management
you must determine how much you can loss in a trade and number of trade for a day as well as your daily target and not every day your target can be met.

4.Avoid Greed.
Greed is a big enemy to trader. Some people will hold make a winning trade become a loosing trade just because they are expecting more move in their favor but forgetting that they are not the one controlling the trading market. Always be flexible and never you trade without putting stop loss and take. All you need is just to be discipline and never violate your trading plan because of greed. Risk what you can afford to loss.

5. Never you trade with small capital.
If you want a long time success in trading always try and trade with big capital. You can make profit using small capital but you can loose all your fund and the profit easily because it will affect your Psychology. Instead you can use the small money and register to pro firm and once you passed their trading challenges you can have access to trade with big capital which will help you to save  and fund your personal account with big capital.

Trading is not too hard just follow it with a refined mindset you will succeed.
  
 
  
 


Title: Re: Why do many people fail in trade?
Post by: Assface16678 on January 29, 2024, 10:40:45 PM
Many who have just learned one month to one semester they give up and no longer want to trade, please note that naturally fruitful trees are trees that grow with a long period of time so that they can bear heavy fruit and can provide benefits for both the owner or others.
All the people that learn trading for just short time are learning it just to get quick money with what they will learn; if these types of traders lose money, it usually happens because as a result of incomplete learning, and maybe because they are eager to make money without proper learning.
Exactly and the sad part is instead of learning from their mistakes they will blame crypto trading and saying that trading is a scam pr too hard, yes trading is very hard that's why it needs an extensive effort to learn a lot in trading, even experienced traders often face a lose trade what more those new in trading expect. If they go straight in trading and loss then they should know what wrong are they doing.


Quote
Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.

Focus, be consistent, learn from your mistakes and think that building an empire takes time.

What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.
Mistakes are part of learning and part of life; we can always make mistakes due to us been humans, therefore, little mistakes in trading are normal provided it is not a costly mistake that is done to ignorant.
Learning never ends, consistent learning keeps us up to date, and as a trader, you need to be learning regularly so as to avoid mistakes.
But those mistakes can cost a lot, trading is.a very dangerous and risky thing, it can have a good reward if done correctly and prepared but if a trader chooses to go straight just because they sre eager then its their own mistake. Its natural to make mistake at first it could serve a factor so that a new trader will be eager to learn but if a trader keep on losing trade and not doing anything to solve it then its their own mistak and problem


Title: Re: Why do many people fail in trade?
Post by: Myleschetty on January 29, 2024, 10:51:45 PM
I see a lot of traders who fail in this field, because they do not have patience and consistency in learning, that they are successful traders who study for more than a year or even two years so that they can have the ability to analyze the market and can have their own methods in making profits from trading.
Many who have just learned one month to one semester they give up and no longer want to trade, please note that naturally fruitful trees are trees that grow with a long period of time so that they can bear heavy fruit and can provide benefits for both the owner or others.

Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.

Focus, be consistent, learn from your mistakes and think that building an empire takes time.

What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.

Yes, patience and consistency in learning to upgrade the understanding of the crypto market momentum is good but the long period of learning about the market analysis is not what justifies a trader's knowledge about the market.
Some people are fast learners and some are slow in learning and understand the depth strategy. If a trader believes they are not good enough they can keep learning.


Title: Re: Why do many people fail in trade?
Post by: GreatArkansas on January 29, 2024, 11:47:02 PM
(...)

What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.
The simplest answer is having patience, you already mentioned the problem in your post OP .
If most people are able to handle it, then I can say they will be able to help themselves to become better traders. That's why most of the new people in trading are experiencing this because they didn't experience it, some are first-timers.


Title: Re: Why do many people fail in trade?
Post by: alastantiger on January 30, 2024, 04:41:46 AM
Most of the users who attempt to try trading I think have the goal in mind to learn it quickly with a crash course and hope to make a living with it.
If we ask successful traders how they achieved success in trading, they will tell us that it took years for them to start seeing results. We cannot learn trading quickly, "fastly", in 7 days, 14 days, 21 days, or 30 days or even hundred days and become traders or even successful. Trading is a course and not a crash course that takes many years to gain mastery in and because as you have said, we have many people who want do it as a crash course, they end up crashing out after a short while.

A trader should not seek the easy way to make money.
I blame those YouTube traders or scammers who make people think that trading is get-rich-quick scheme. Therefore why people fail is because we have a lot of passionless people who get into trading as a quick way to be rich. Little did they know that when their motivation and enthusiasm ends, that's when the passion kicks in and drives them to succeed no matter how long the trading journey is. It is people without passion for trading that fail.

Lastly, there are whole books on trading psychology. Traders fail easily when they try to use their regular psychology for trading. Traders need a different psychology for trading- the one for trading. We should books on trading psychology.


Title: Re: Why do many people fail in trade?
Post by: God bless u on January 30, 2024, 05:11:01 AM
Most people are not ready to learn the skills many are into trading to get rich quick rather than focusing on acquiring knowledge and practicing it for month's .Most influencers especially youtubers have make it look so simple rather than telling the actual truth about it .In Reality Trading requires a sound knowledge,patience and a good risk management for one to be profitable and it takes a long time for one to become an expert

It was different when the patient was in trading, but what happens today is that people advance what they have for a little profit, they don't take the coin forward and then short it suddenly. They do it, small investor only are engaged in it and big investors continue to benefit.
Those with a lot of money are spinning in it because they get what they have point by point.
I am also thinking about that why coins are moving only in one place.


Title: Re: Why do many people fail in trade?
Post by: Questat on January 30, 2024, 06:14:26 AM
Don't mind that it was just like asking why many people had failed from investing in Bitcoin.
Well, it is sad to say that not all are meant for this field. It doesn't mean that if we have deep knowledge of trading we can be successful already because many factors that could affect our journey
 - emotion dealings
 - financial stability
 - strategies

Understanding the risk in trading, some will give up after encountering difficulties and losses. Much more if we already just have limited funds, it is really hard to recover.


Title: Re: Why do many people fail in trade?
Post by: arwin100 on January 30, 2024, 07:57:39 AM
I see a lot of traders who fail in this field, because they do not have patience and consistency in learning, that they are successful traders who study for more than a year or even two years so that they can have the ability to analyze the market and can have their own methods in making profits from trading.
Many who have just learned one month to one semester they give up and no longer want to trade, please note that naturally fruitful trees are trees that grow with a long period of time so that they can bear heavy fruit and can provide benefits for both the owner or others.

Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.

Focus, be consistent, learn from your mistakes and think that building an empire takes time.

What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.


They fail because they expect more larger than those coins they are trading and usually they are aim to get more then became so greedy that's why they always got caught by correction happening or there are a lot of traders sell before them that's why they always got a wrong timing on everything since they can't decide well on what they want to do next base on the movement occur of the coins they bought. If they could just develop some strategy towards dealing certain situation and can able to learn from each trade done for sure failing will have low chance to come with them and they always come up with good trades on each position they want to take.

But for sure consistency will bring all a lot of positive result so whatever negative they are experiencing on for sure it will be exchange in to good result especially if they are eager to learn about trading and can able to handle well those losses they encounter at earliest part of their trading careers.


Title: Re: Why do many people fail in trade?
Post by: NicNacCoin on January 30, 2024, 08:14:02 AM
I see a lot of traders who fail in this field, because they do not have patience and consistency in learning, that they are successful traders who study for more than a year or even two years so that they can have the ability to analyze the market and can have their own methods in making profits from trading.
Many who have just learned one month to one semester they give up and no longer want to trade, please note that naturally fruitful trees are trees that grow with a long period of time so that they can bear heavy fruit and can provide benefits for both the owner or others.

Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.

Focus, be consistent, learn from your mistakes and think that building an empire takes time.

What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.

Many people fail at trading platforms because they jump into trading without gaining any trading experience. If a trader does not have a trading strategy, that person will never be able to achieve success from the trading platform. In trading strategy, you must learn to analyze the market, learn to be patient, avoid excessive greed while trading, if a trader can do these strategies correctly, he will not fail from the trading platform. There are also many other trading strategies that need to be learned step by step. Hopefully that trader will never fail on the trading platform.


Title: Re: Why do many people fail in trade?
Post by: EarnOnVictor on January 30, 2024, 08:19:43 AM
I can see that your post centres on encouraging traders but I think I am done encouraging traders about trading, all those who I encouraged were just sent into their ruins as they continue to lose money due to my motivation. Well, I think I would rather challenge them, and if they are not adequate for it, they should let it go. What you said is good, trading needs learning, patience, consistency and more as you iterated them, but trading needs more than that. Sadly, many will never get that complete trading necessity to be successful traders, and in my experience, it is still psychological but cryptic in nature. Good, people might say that you need learning, what about those who have been learning for years and are still patient with it but still have nothing to show for it? I've witnessed a lot, trading is not child's play, it is risky and infesting than we thought, it is only a few that are chosen with the mindset and spirit of trading that will make it.

Traders might have the best of strategies and also know the best of management but will still continue to fail, this is why I think that it is not until we have that strong and refined approach and psychology towards trading that we can get to make something out of it. Even the professional traders could still lament which is why challenging yourself towards it might be a way to breakforth. Despite all that one needs, strict discipline and determination could go a long way alongside what the trader knows. As simple as they are, they are such that will keep your mind focused when you trade, and if you must know, these are some of the qualities of successful traders that learning and patience will not be able to provide, but self-control. I mean the ruggedity in doing what you actually planned to do without deviation due to imbalanced psychology. Yet, your trading system and plans must be sound for this to be possible, or else, discouragement may still set in to cause disarray.


Title: Re: Why do many people fail in trade?
Post by: RockBell on January 30, 2024, 09:18:07 AM
Most people are not ready to learn the skills many are into trading to get rich quick rather than focusing on acquiring knowledge and practicing it for month's .Most influencers especially youtubers have make it look so simple rather than telling the actual truth about it .In Reality Trading requires a sound knowledge,patience and a good risk management for one to be profitable and it takes a long time for one to become an expert
and if you are not ready to learn then you are not ready to succeed in trading so you are supposed to put effort into it so that you can master it when you start you might not make money at first but continuously you will even start to make money gradually and you will start succeeding. and you can not get rich quickly if you want to do Bitcoin, everything is a gradual process. and you just need the knowledge, and with your knowledge, you will know that trading is not easy, even if influence rs are making it simple you will able to tell in whatever they are saying. and the reality of it all is that trading is not easy but it is very interesting. but at the same time, it is also risky, there management procedures that keep you safe.


Title: Re: Why do many people fail in trade?
Post by: Lakai01 on January 30, 2024, 10:07:25 AM
Good, people might say that you need learning, what about those who have been learning for years and are still patient with it but still have nothing to show for it? I've witnessed a lot, trading is not child's play, it is risky and infesting than we thought, it is only a few that are chosen with the mindset and spirit of trading that will make it.
[...]
It is quite simply down to the approach to trading. Newcomers in particular believe that making money with trades is extremely easy, you only have to buy when the price is low and sell when the price has risen again. You learn relatively quickly that this is not the case when money is actually at stake.

However, you should not ignore the fact that very successful traders are also wrong with almost 50% of their trades, but have a slightly positive balance, which is then used to make money. In addition, successful traders exit bad trades early and thus minimize their losses, whereas they have very good strategies to take advantage of successful trades for as long as possible. This is exactly what a novice trader lacks completely.


Title: Re: Why do many people fail in trade?
Post by: leonair on January 30, 2024, 11:59:47 AM
After pandemic many people involved in cryptocurrency market. Some of them are trading with various crypto. Some of them are profited form trading and some of them are fail in trading. I think it happening for lack of proper knowledge anout trading. Many people involving in trading but don’t have any knowledge anout trading.Wtith small knowledge they starting trade and fail in trading and they losing his valuable fund for proper trading knowledge. So they are losing his valuable fund.
Even if someone is an expert in trading, he will not be able to succeed in every entity. There is how a new trader can succeed. Trading is not the same thing and it is not for everyone. Trading is a very creative thing and it requires good analytical skills. Many people trade using trading signals from different places and many people do copy trading but there are many risks in each of these cases.  So one who wants to trade must accept risk and have a good knowledge about trading


Title: Re: Why do many people fail in trade?
Post by: khiholangkang on January 30, 2024, 12:02:55 PM
Good, people might say that you need learning, what about those who have been learning for years and are still patient with it but still have nothing to show for it? I've witnessed a lot, trading is not child's play, it is risky and infesting than we thought, it is only a few that are chosen with the mindset and spirit of trading that will make it.
[...]
It is quite simply down to the approach to trading. Newcomers in particular believe that making money with trades is extremely easy, you only have to buy when the price is low and sell when the price has risen again. You learn relatively quickly that this is not the case when money is actually at stake.

However, you should not ignore the fact that very successful traders are also wrong with almost 50% of their trades, but have a slightly positive balance, which is then used to make money. In addition, successful traders exit bad trades early and thus minimize their losses, whereas they have very good strategies to take advantage of successful trades for as long as possible. This is exactly what a novice trader lacks completely.
well then here maybe there are traders who have been able to make a profit who have more wins in getting profits in the market, a little bit of understanding that is written will be very helpful for those of us who are still in the learning stage, some people must have found the key to get out of the stupid trading matrix and make a loss.

Maybe it can be influenced by mindset, so as to get out of bad trades that not everyone knows, basically it is true that the percentage of profit or loss varies in the market, but surely there are people who can stand at 50%.

I would like to thank all those who have presented their arguments, it is very helpful, let's continue the discussion to go deeper and maybe someone will get enlightened why always fail in trading.


Title: Re: Why do many people fail in trade?
Post by: Lakai01 on January 30, 2024, 12:51:10 PM
well then here maybe there are traders who have been able to make a profit who have more wins in getting profits in the market, a little bit of understanding that is written will be very helpful for those of us who are still in the learning stage, some people must have found the key to get out of the stupid trading matrix and make a loss.
[...]
This may sound very simple, but it's actually true: successful traders have a plan - just like a good team manager in soccer. They know when to enter trades, know when to exit trades and also know when a trade ends and they take the profits. The asset (share, gold, crypto, ...) plays absolutely no role here, a trader trades the market, not a specific asset and therefore has no connection to the respective asset, neither morally nor empathetically and can therefore also enter the trade with significantly less emotion. 

The non-professional trader has none of this, especially no plan. They simply trade as they go, lose their nerve when the trade goes wrong and, in the worst-case scenario, even pour money into unsuccessful trades because what cannot be cannot be. It may sound banal, but a very good plan makes up a large part of a successful trade.


Title: Re: Why do many people fail in trade?
Post by: Pandu Geddon on January 30, 2024, 12:56:28 PM
Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.

The mistake is that beginners don't learn from the mistakes they have made. so most beginners in trading repeat mistakes that have already been made before.
for example, the inability to set a target for profit or loss which requires a decision to immediately exit the trade. So they analyze with their techniques, but they don't have a good plan for the trading process. when there is a slight shock, their psychology is very disturbed and it is very easy to panic.


Title: Re: Why do many people fail in trade?
Post by: Hamza2424 on January 30, 2024, 12:56:50 PM
Haha, OP a straightforward answer because people take trading a world to fulfill their fantasies and luxuries and they fall into the wrong path of journey so they destroy themselves = fail.

Most people take the basics as child play, Discipline they don't care, emotions they consider themselves strong, psychology they overestimate themselves, skills they think it's just an up and down haha. I think is enough to mention most of the things. In the end they quit and this is where they closed the doors I was on that door but luckily saved myself and now I'm surviving somehow. Alhamdullialh.


Title: Re: Why do many people fail in trade?
Post by: DVlog on January 30, 2024, 01:28:50 PM
Many people think that it's easy to buy low and sell high but when it comes to the real market they find that its extremely hard to get a perfect bottom to take entry. This is impossible to take entry at the bottom we need to make strategy to work things done where we can still make profit even we failed to get a better entry. New traders don't understand or wanted to work on this. They tried to find how others are making profit and wanted to use that for themself which doesn't work most of the time.


Title: Re: Why do many people fail in trade?
Post by: YOSHIE on January 30, 2024, 01:59:17 PM
What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.
Everyone who wants to carry out crypto trading activities of course knows the risks and the crypto assets being traded can fluctuate in value, this can happen to the holder at any time, of course this can make traders successful or fail.

As for Traders who lose and fail, many of them trade in a bad emotional state, this factor is that they will chase losses and repeat the same Traders, they don't want to accept losses and in the end it happens again.

For this reason, if you want to trade well, do it by having a trading plan journal such as good information, planning and also emotional for the traders themselves, this is useful in the learning stage and reduces the risk of losses and initial mistakes not being repeated.


Title: Re: Why do many people fail in trade?
Post by: Mauser on January 30, 2024, 02:45:05 PM
What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.


In my opinion the biggest problem for people starting out to trade is their unrealistic return expectations. I am not really sure where it's coming from, but somehow there is a believe that you can make very high returns in trading in a short time. Which definitely true, but you need to take a lot of risk to achieve those returns and there is no guarantee to actually get your money. Step one for any beginner in the trading world should be to acquire all the necessary knowledge and slowly gain trading experience over time. There is no need to rush anything, there will always be new trading opportunities around and we can take it slow. FOMO might seem like a real issue, but it's not and we shouldn't fall into that trap. Starting small and not commuting all our capital at once should help a lot to reduce the initial losses in trading.


Title: Re: Why do many people fail in trade?
Post by: bettercrypto on January 30, 2024, 03:45:06 PM
I see a lot of traders who fail in this field, because they do not have patience and consistency in learning, that they are successful traders who study for more than a year or even two years so that they can have the ability to analyze the market and can have their own methods in making profits from trading.
Many who have just learned one month to one semester they give up and no longer want to trade, please note that naturally fruitful trees are trees that grow with a long period of time so that they can bear heavy fruit and can provide benefits for both the owner or others.

Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.

Focus, be consistent, learn from your mistakes and think that building an empire takes time.

What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.


Until now, there have been many of our fellow traders who are not patient and are not consistent in what they are learning here in crypto trading. I hope they will listen from time to time to what some of our colleagues here are saying when they give advice or tips. which will actually benefit them too.

All I can say is that in order for them not to fail in their trading, they should really just feed themselves with knowledge about the basic rules of trading here in the crypto business industry that we belong to.


Title: Re: Why do many people fail in trade?
Post by: Sim_card on January 30, 2024, 04:32:34 PM
Trading is not as easy as we think but I'd you want to learn trading, then you must give it enough time so that you can learn gradually because trading deals with so many factors like technical analysis, fundamentals analysis, risk management, reading charts and lastly emotion. This is why it is good that you have experience in the market after you have known the theorical aspect of it. Only use the money that you can afford to lose to practice trading and learn from experience. A lot of traders cannot be patience to learn and know the strategy that will help them make profit. Don't think that you can make profit easily from trading that has a high risk of you losing all your funds.


Title: Re: Why do many people fail in trade?
Post by: BitcoinTurk on January 30, 2024, 05:04:26 PM
I think the reason why many people fail in trading is because they think they can get rich very easily and quickly by trading. For this reason, investments made without any research often lead to problems such as not meeting expectations in a very short time, not knowing how to be patient, not managing capital well and as a result cause that person to face failure. On the other hand, many people especially those who trade in cryptocurrency markets make risky choices to earn more as well as using high leverage to maximize this risk ratio which is among the factors that cause failure.

So, basically I can say that the reason why many people fail in trading is the dream of making very high profits very easily and quickly. As I mentioned, this causes the person to be affected in many different ways and always loses through a series of mistakes. Anyone who sees trading as a means of making simple and fast money is doomed to lose money and unless he/she changes his/her mind, he/she will build on his/her mistakes, repeat them and continue to lose.


Title: Re: Why do many people fail in trade?
Post by: puloweh555 on January 30, 2024, 05:14:00 PM
Regardless of what you say. In my opinion, trading is about mindset and knowledge, trading is logical, only human psychology is illogical. Trading is indeed complicated, but if you keep learning and continue to use every mistake as a lesson, I think you will be able to overcome failure in trading.

So whether traders want conventional trading or whatever, the point is that in this world no one is successful instantly, the important thing is to be willing to go through the whole process, be patient and learn. What's the use of knowledge itself if you don't want to learn? Eliminate the word instant in any field, including trading.


Title: Re: Why do many people fail in trade?
Post by: GeorgeJohn on January 30, 2024, 06:37:32 PM
What trading needs is consciousness and concentration, sometimes what triggers some people think that they have failed in trading is due to their inappropriate and inability to exercise patients and learn the concepts of trading without wasting of time, secondly, I notice that may people always been curious of trading without knowing the implications or bearers of trading..in trading you have to know the basic concept of trading for the first time before you can venture into trading, what I notice in trading is that it needed a continuous practice and also advocate enough time to concentrate so that you will not be a victim of losing your capital in your trade


Title: Re: Why do many people fail in trade?
Post by: Lantind on January 30, 2024, 06:45:10 PM
Many people think that it's easy to buy low and sell high but when it comes to the real market they find that its extremely hard to get a perfect bottom to take entry. This is impossible to take entry at the bottom we need to make strategy to work things done where we can still make profit even we failed to get a better entry. New traders don't understand or wanted to work on this. They tried to find how others are making profit and wanted to use that for themself which doesn't work most of the time.
That's right, it's true that some people think like that, so you can be sure they don't really understand trading well and how to make a profit from trading. If that's the case, of course there are a lot of people who have just started trading who will become successful from the trading they do, we we cannot know when the price will reach its lowest point if we cannot analyze the market well and even those who have a lot of experience are still learning trading so as not to make mistakes and if we make a mistake in deciding to trade we must be able to correct it so we can repeat it again on the next try.

Some people who are new to trading and immediately try to trade without having good knowledge in trading, it would be better for them to postpone their plans first and seek knowledge first about trading and don't just listen to other people about being able to make profits easily in trading. So we will continue to try to get these profits without any knowledge about trading, so this is a mistake made by beginners who will lose their money on their first trade.


Title: Re: Why do many people fail in trade?
Post by: doomloop on January 30, 2024, 08:05:25 PM
Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.

Focus, be consistent, learn from your mistakes and think that building an empire takes time.

What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.
Not only trading, you can't do anything properly if you are in a rush to finish it so that you can get some benefit out of it. The result will always be against your desires and expectations because you didn't put in enough effort to make it work the way you wanted it to.

Most people who come to know about trading, cryptocurrency trading in specific, think that it's a quick way to earn money, and they think this way because they see some people showing their earnings and profits and they think they started yesterday and are earning a bunch of money today which isn't the case.

One needs to understand that mastering a financial market is not as easy as drinking water, and one needs to spend months or years, learning everything so perfectly that one can be able to earn money through it effectively.


Title: Re: Why do many people fail in trade?
Post by: carlfebz2 on January 30, 2024, 08:30:13 PM
I see a lot of traders who fail in this field, because they do not have patience and consistency in learning, that they are successful traders who study for more than a year or even two years so that they can have the ability to analyze the market and can have their own methods in making profits from trading.
Many who have just learned one month to one semester they give up and no longer want to trade, please note that naturally fruitful trees are trees that grow with a long period of time so that they can bear heavy fruit and can provide benefits for both the owner or others.

Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.

Focus, be consistent, learn from your mistakes and think that building an empire takes time.

What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.

•Impatience
•Greed
•Self control
•High expectation/Unrealistic goals
•Wrong assumptions

Trading skills isnt really that something that you could really be able to obtain overnight and this is why it would really be just that right that you should really be working hard to learn it.
Its not something that you could be able to obtain in a short period of time. People should realize that and wont really be that ending up on desperate.
This is something that people should really be able to overcome. Failing isnt something shocking but making yourself way more better
is something that you should have in mind because if you are really that serious on hovering yourself into trading field or this crypto market then it is
really just that right to do so.


Title: Re: Why do many people fail in trade?
Post by: Myleschetty on January 30, 2024, 08:37:56 PM
Haha, OP a straightforward answer because people take trading a world to fulfill their fantasies and luxuries and they fall into the wrong path of journey so they destroy themselves = fail.
Agreed, the frame of mind of some cryptocurrency traders is the reason why they failed but I think some of the social media influencers especially on Twitter have a role to play in the reason why this happened to some traders based on what the Tweeted which was seen as financial advise by some traders.
Meanwhile, I am glad that you make it through when you're on the same road.


Title: Re: Why do many people fail in trade?
Post by: Natalim on January 30, 2024, 09:25:37 PM
Aside from those things that have been mentioned already, many traders expect too much from themselves which is out of reality. Overconfidence brought some negative results. Many traders think that once they know TA, reading charts, etc...they already think that they can do everything and earn huge profits without thinking about how volatile is the market. Even though we have all of the things needed, still no assurance to win. And when they fail their expectations, they just give up. Those who rush for success always end up failing.


Title: Re: Why do many people fail in trade?
Post by: _BlackStar on January 30, 2024, 09:40:54 PM
Regardless of what you say. In my opinion, trading is about mindset and knowledge, trading is logical, only human psychology is illogical. Trading is indeed complicated, but if you keep learning and continue to use every mistake as a lesson, I think you will be able to overcome failure in trading.
It's not as easy as you say - but trading is not as complicated as you say. Traders only need to know simple ways to profit from trading - even if you rely on fundamentals you can still make a profit. You don't need to be an expert to profit from trading - but in practice traders who lose money are those who are too greedy and expect a lot of profit without a good consideration of risk.

Trading with high leverage is an easy path to losses - even if influencers everywhere say it's the best way to make quick profits. There are advantages and disadvantages - the greater the risk of loss, the greater the gain. Trading futures is not a safe choice for beginner traders - spot is a better choice for them.


Title: Re: Why do many people fail in trade?
Post by: AmoreJaz on January 30, 2024, 09:56:10 PM
Regardless of what you say. In my opinion, trading is about mindset and knowledge, trading is logical, only human psychology is illogical. Trading is indeed complicated, but if you keep learning and continue to use every mistake as a lesson, I think you will be able to overcome failure in trading.
It's not as easy as you say - but trading is not as complicated as you say. Traders only need to know simple ways to profit from trading - even if you rely on fundamentals you can still make a profit. You don't need to be an expert to profit from trading - but in practice traders who lose money are those who are too greedy and expect a lot of profit without a good consideration of risk.

Trading with high leverage is an easy path to losses - even if influencers everywhere say it's the best way to make quick profits. There are advantages and disadvantages - the greater the risk of loss, the greater the gain. Trading futures is not a safe choice for beginner traders - spot is a better choice for them.

if you are in trading, it means, you are prone to both sides, gains and losses. now, it is up to you how are you going to manage your funds in order to lessen your losses, and that would take experience and skills. if you happen to jump on this without doing your due diligence, you can easily liquidated as this market is a very volatile one.

high leverage can possibly make you quick profits but should not forget that it can surely liquidate your position so easily if you are not careful about it. a lot of people are failing on this route because for one, they are not truly prepared or oriented on this market. most are just following the hype and someone else's prediction. do you really think most traders know the reason why a certain alt is suddenly increasing? i bet most of them are just taking it from hearsay and not doing the digging of educating themselves about the actual developments of the project. 


Title: Re: Why do many people fail in trade?
Post by: boyptc on January 30, 2024, 09:57:43 PM
Consistency is hard to maintain if you're a trader. Honestly, I am seeing a lot of trader influencers that have popped like mushrooms sharing their gains at most times.

But behind it, they are for sure have a lot of losses and their big gains are the ones that's being shared to their audiences. And I think with that, there's no one that can ever skip failing as they trade.

Embrace the process as it's part of your growth if ever you choose the path to grow as a trader.


Title: Re: Why do many people fail in trade?
Post by: so98nn on January 30, 2024, 10:08:31 PM
Yeah pretty much going in the wrong impression of “knowing to trade” is risky factor here. Most of the peeps think trading is simply buying and selling stuff around an exchanger. However, there goes a lot of things in between those buy and sell circles. The trader needs to be studious about it, they need to keep learning their trades on everyday basis. If the positions are long term then they need evaluate everyday patterns along with its future predictions.

Si, its not really as easy as it is typed inhere. Even slightest error in the evaluation a trade can fail or sometimes even though the prediction was correct a position might fail due to early actions of trader!


Title: Re: Why do many people fail in trade?
Post by: tvplus006 on January 30, 2024, 11:02:24 PM
It is very difficult for a beginner who does not have enough experience in trading to understand the true reasons for his failures, since not everyone can accept the fact that all failures are the result of his wrong decisions. And until he can analyze his losing trades and understand their causes, he will not be able to trade profitably.


Title: Re: Why do many people fail in trade?
Post by: Botnake on January 30, 2024, 11:21:09 PM
What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.


In my opinion the biggest problem for people starting out to trade is their unrealistic return expectations. I am not really sure where it's coming from, but somehow there is a believe that you can make very high returns in trading in a short time. Which definitely true, but you need to take a lot of risk to achieve those returns and there is no guarantee to actually get your money. Step one for any beginner in the trading world should be to acquire all the necessary knowledge and slowly gain trading experience over time. There is no need to rush anything, there will always be new trading opportunities around and we can take it slow. FOMO might seem like a real issue, but it's not and we shouldn't fall into that trap. Starting small and not commuting all our capital at once should help a lot to reduce the initial losses in trading.
That is the mistake that beginner traders are doing, they won’t start trading at a small amount thinking that it could be a waste of time trading small amount and gain small profits as well. If they can be profitable with trading, then they should seize the chance while it’s still possible. That’s the reason why a lot of newbies these days are failing in trading because they are often lead by their greed and emotions, without realizing that trading will only work and become profitable if you have gained all the knowledge and skills that it needs, which I think newbies clearly are lack of knowledge and learning skills.


Title: Re: Why do many people fail in trade?
Post by: gabbie2010 on January 31, 2024, 01:53:34 PM
Truly many newbies in trading always think that they had finally achieved their aim of being profitable after some few learning days of trading thus with some little practicing and carried away with some few profits not knowing that trading is not a child play it requires through learning to acquire the vast knowledge required to become profitable even experience traders continue to learn everyday infact experience and profitable traders always recount their stories of how they blew so many accounts when they started trading but not never relent of course they were determined to be successful in trading that is why persevere and continue to learn and practice consistently before they were able to achieve their aim


Title: Re: Why do many people fail in trade?
Post by: Hamza2424 on January 31, 2024, 03:03:42 PM
Haha, OP a straightforward answer because people take trading a world to fulfill their fantasies and luxuries and they fall into the wrong path of journey so they destroy themselves = fail.
Agreed, the frame of mind of some cryptocurrency traders is the reason why they failed but I think some of the social media influencers especially on Twitter have a role to play in the reason why this happened to some traders based on what the Tweeted which was seen as financial advise by some traders.
Meanwhile, I am glad that you make it through when you're on the same road.

Hmm, Social media influencers haha they ruin the whole trading career of the early traders (New ones), just for the sake of a few bucks and selling their course and their premium membership of shity signals. I don't know if people always get interested in the profits after only viewing a couple of edited screenshots of the gains.

i used to say most of them run their own groups with trained strategy, usually posting a signal in 2 groups based on contradictory analysis, and one wins and 2nd loses and then they share the gains SS to the free group to attack new users and post the motivation quotes in the losing side to make them prepare for the next payment haha. it all sucks hehe just my point of view not meant to offend any signal seller at the same time I don't care if the signal provider gets offended by what I've said so. I completely stand by it.


Title: Re: Why do many people fail in trade?
Post by: Ricardo11 on January 31, 2024, 03:19:24 PM
I am also a small trader, I don't trade all the time, I trade occasionally. I have lost a lot of money in trading every time, I lost money because something went wrong. The mistakes that I have lost money on, I have always paid more attention to that mistake and then corrected the mistake and traded. We will never give up. We should move forward with courage in our hearts. I am now got to earn more than what I lost in trading. But I don't trade all the time, I mostly hold long term and trade occasionally.


Title: Re: Why do many people fail in trade?
Post by: crwth on January 31, 2024, 03:40:59 PM
I think it's not just patience but being able to utilize the full potential of your capital with the right strategy. The most important thing for me is making sure that the management of my money would be able to really succeed. You can't really master it right away. There would be times that it would rise and it would fall but in total, you would still want to be positive in earnings.

For newbies, it's important to understand the reason why you are trading and find the tools that you might be interested in. Gunbot  (https://gunbot.ph)can be one of those tools.


Title: Re: Why do many people fail in trade?
Post by: Lakai01 on January 31, 2024, 04:06:16 PM
[...]
For newbies, it's important to understand the reason why you are trading and find the tools that you might be interested in. Gunbot  (https://gunbot.ph)can be one of those tools.
Bots like Gunbot are not for newbies. A bot is there to automatically execute your own, very well-tested strategy. However, I have to work out the strategy and, above all, put it through its paces.

A newcomer to the market thinks that a bot is a money-printing machine and that all he has to do is buy/rent/install it and the profits will start flowing. This is definitely not the case.


Title: Re: Why do many people fail in trade?
Post by: crwth on January 31, 2024, 04:41:47 PM
[...]
For newbies, it's important to understand the reason why you are trading and find the tools that you might be interested in. Gunbot  (https://gunbot.ph)can be one of those tools.
Bots like Gunbot are not for newbies. A bot is there to automatically execute your own, very well-tested strategy. However, I have to work out the strategy and, above all, put it through its paces.

A newcomer to the market thinks that a bot is a money-printing machine and that all he has to do is buy/rent/install it and the profits will start flowing. This is definitely not the case.
There is a learning curve for sure but it's important that after you set it, it's somehow a set-and-forget type of thing. There are supports that would really accommodate helping you set up or something. There's education as well.

That would depend on the seller or something. Someone who promotes a bot that "promises" gains can be a scam. That's not what Gunbot is doing.


Title: Re: Why do many people fail in trade?
Post by: Dr.Osh on January 31, 2024, 05:02:09 PM
Well, many beginner traders have high expectations from trading. They hope that, when they trade, they can immediately see profits. However, when the price of the assets they purchased fell greatly, they couldn't bear it and sold their assets as soon as possible. or, when they hold without research, the price of the coin drops continuously, and they are reluctant to sell the coin and they hope the price returns to normal. These things are usually one of the reasons people fail in trading. Therefore, I also think that consistency and patience are necessary. However, we also need to know what we are trading and look for information about it.


Title: Re: Why do many people fail in trade?
Post by: Nrcewker on January 31, 2024, 05:04:26 PM
People fail in a particular task or job due to the lack of knowledge. If you don’t have knowledge on a particular task, then how can you expect that you will do the task perfectly? Moreover I have also seen people coming into trading in order to become rich overnight. Hence I would say for them greed is the main reason for the fail in trading. If you ask me then I would suggest you to gain as many knowledge as you can before actually dive into trading. Then at last do trading on demo account to get experience. Once you are confident then only trade with real money.


Title: Re: Why do many people fail in trade?
Post by: Volimack on January 31, 2024, 05:24:22 PM
The main reason most people lose when they come to trading is because people come to trade because of word of mouth and they lose. If they don't just listen to people and try and practice the training I believe they will trade better and not lose as much as before. One of the reasons for losing is that they open trades when they see that others are making profits which is why they cannot make profits and lose. Along with practice it is possible to reduce the number of losses.


Title: Re: Why do many people fail in trade?
Post by: Dunamisx on January 31, 2024, 06:44:19 PM
There's this common thing that makes people fall while on trade, which is fear, you cannot exercise fear while dealing with a digital currency that involves high volatility, the moment you're impatient enough and sell them you discovered that the market is rising and while you're  yet waiting to see it falling before you can take a position, the market may keep rising, this is unpredictable of them, we have to understand this and also know that we cannot accurately assume what to happen except we are just been lucky to fall on the right spot of the trading we are doing.


Title: Re: Why do many people fail in trade?
Post by: yudi09 on January 31, 2024, 06:48:39 PM
-snip-
Focus, be consistent, learn from your mistakes and think that building an empire takes time.
This is already good to have for traders who are just starting out. Dare to experiment again.

The focus points encountered during the learning process to be applied in trading practice must be consistent. Slight differences between theories when carrying out trading practices must be known to be carried out.
If the price is in a downward position, then what is needed is to understand what the next price chart will be because the price drop could be a trap to thwart the take profit.

Trading that makes things easier according to my trading experience is the spot trading type.
For other types of trading it is too complicated for me to control for myself.


Title: Re: Why do many people fail in trade?
Post by: BITCOIN4X on January 31, 2024, 06:57:23 PM
~Snip
This is already good to have for traders who are just starting out. Dare to experiment again.

The focus points encountered during the learning process to be applied in trading practice must be consistent. Slight differences between theories when carrying out trading practices must be known to be carried out.
If the price is in a downward position, then what is needed is to understand what the next price chart will be because the price drop could be a trap to thwart the take profit.

Trading that makes things easier according to my trading experience is the spot trading type.
For other types of trading it is too complicated for me to control for myself.
Theory and practice do not have to be the same, most traders are able to experiment on their own and develop their trading strategies based on experience and needs. However, every trader needs to avoid greed and stay focused on the target they want to achieve and exit on time. Not all failures are caused by a trader's inability to understand how the market works, but are caused by greed and high expectations of the price that will be achieved.

Spot trading, Futures, Binary are just a few options that you can try. However, spot trading is certainly safer so as not to lose all your budget if the price is corrected. Trading future is too risky, especially when traders place high leverage. Binary option is the same, it is too risky to lose all your budget.


Title: Re: Why do many people fail in trade?
Post by: milewilda on January 31, 2024, 07:14:52 PM
-snip-
Focus, be consistent, learn from your mistakes and think that building an empire takes time.
This is already good to have for traders who are just starting out. Dare to experiment again.

The focus points encountered during the learning process to be applied in trading practice must be consistent. Slight differences between theories when carrying out trading practices must be known to be carried out.
If the price is in a downward position, then what is needed is to understand what the next price chart will be because the price drop could be a trap to thwart the take profit.

Trading that makes things easier according to my trading experience is the spot trading type.
For other types of trading it is too complicated for me to control for myself.
When you are really that aiming on something then you should really be that someone whose really that totally be having the passion and dedication at least specially into something which does require that having long
patience plus the determination on which you would really be needing up for you to learn up along the way. If you are really just that someone whose really that been here on this market just for the sake of
making money then tendency on having that kind of rushed up feeling would really be there and this is where things becomes messy on the time that you wont really be doing the basic stuff.
Its not simple but it doesnt mean that it would be impossible. Failure would be only that considered if you have given up along the process but if you dont able to do so along the way
on which you are still that learning then proceed and continue on what you are doing. Things could be learnt but not on a fast pace method or situation.


Title: Re: Why do many people fail in trade?
Post by: South Park on January 31, 2024, 08:27:54 PM
I see a lot of traders who fail in this field, because they do not have patience and consistency in learning, that they are successful traders who study for more than a year or even two years so that they can have the ability to analyze the market and can have their own methods in making profits from trading.
Many who have just learned one month to one semester they give up and no longer want to trade, please note that naturally fruitful trees are trees that grow with a long period of time so that they can bear heavy fruit and can provide benefits for both the owner or others.

Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.

Focus, be consistent, learn from your mistakes and think that building an empire takes time.

What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.

I will add that many people that want to trade do not really understand the nature of the markets, when you are trading you are competing against all the other people that are just like you and that want to obtain profits, so someone that just knows the very basics and tries to trade is like an amateur trying to beat a professional boxer, and I am sure that if I were to propose such a match they will refuse on the spot, and yet when trading this is a match they take willingly, causing them long term damage to their finances from which they may never recover.


Title: Re: Why do many people fail in trade?
Post by: Jegileman on January 31, 2024, 09:40:04 PM
Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.

Trading was not suppose to be an easy thing to do, you have to learn and practice to become perfect in trading. If it was that easy, every trader would have been successful and not many people will want to invest for long term to earn profit but will just go directly into trading because of the instant profits it will give. Making a worthwhile money in this space requires you to be diligent, disciplined and patient throughout your time of learning. Developing yourself through making yourself a better learner through practicing is the best for you as an upcoming trader looking to build yourself in trading.

Quote
Focus, be consistent, learn from your mistakes and think that building an empire takes time.

What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.

Don’t see the market of trading as an easy one that can make you rich within a short time joining the market. Every good thing takes time and requires a lot of sacrifice before making it big time through it. The process is cumbersome, tedious and only the patient ones usually succeed. Trying to outsmart the market by claiming to be wise without having thorough knowledge about it makes you vulnerable to lose a lot of money. Practice will surely make you perfect with time.


Title: Re: Why do many people fail in trade?
Post by: terrific on January 31, 2024, 09:46:09 PM
The main reason most people lose when they come to trading is because people come to trade because of word of mouth and they lose.
We have to stop it there and that's true, when everyone is just doing it because of the word of mouth, that makes them crave to trade because they think that it's easy.

If they don't just listen to people and try and practice the training I believe they will trade better and not lose as much as before.
It's going to be long before they practice and have the better results when they trade. So, if someone is starting out the expectation is going to be negatives and losing more money until they can decide whether to use these failures to continue or to just stop.


Title: Re: Why do many people fail in trade?
Post by: Russlenat on January 31, 2024, 11:55:51 PM
I think the very main reason why people fail in trading is because they are not actually prepared to trade. Their knowledge and skills may not be sufficient enough, but because a lot are making profits in trading, they also decide to see trading as gambling and try their luck. With that, trading like gambling will never work at all.

However, another reason might be their inability to manage the risks in trading. Since they are not skillful and strategic enough, their risk tolerance is still not good and sufficient enough to successfully overcome the risks in trading.


Title: Re: Why do many people fail in trade?
Post by: bayu7adi on February 01, 2024, 03:03:14 AM
The main thing that matters is about each person's expectations when trading. Many people think trading is an easy thing to do and make a lot of profit, because I'm sure most of them see their friends who don't work in companies and share screenshots of their fairly large trading earnings.

Ohhh man... not everything that seems easy for the unemployed will be easy for you too.

I am very sure, there are people who use large amounts of initial money in their initial trading and then hope for +50% profits in 1 month or less without doing any market analysis. They think that unemployed people who have earned a lot of money from trading do not use their brains to think. So here, the expectations of people who have just entered the world of trading usually underestimate the trading activity itself.

When they find out that the market is so cruel, they realize that and choose to escape from reality, rather than lose more.


Title: Re: Why do many people fail in trade?
Post by: Ben Barubal on February 01, 2024, 03:30:52 AM
I see a lot of traders who fail in this field, because they do not have patience and consistency in learning, that they are successful traders who study for more than a year or even two years so that they can have the ability to analyze the market and can have their own methods in making profits from trading.
Many who have just learned one month to one semester they give up and no longer want to trade, please note that naturally fruitful trees are trees that grow with a long period of time so that they can bear heavy fruit and can provide benefits for both the owner or others.

Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.

Focus, be consistent, learn from your mistakes and think that building an empire takes time.

What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.


   First of all, I don't believe that in just 1 month they learned trading 100%, I really doubt that. But I like what you said that we must learn to our mistakes, that's true because of the mistakes we made we realized what we did wrong.

   That's why I do when I trade only a small amount first, then I will train first or try to trade and apply what I learned in learning about trading, when I see that something is missing I will find out what it is until I know that. As important as trading, our understanding of trading should be broad.



Title: Re: Why do many people fail in trade?
Post by: synchronym on February 01, 2024, 03:52:43 AM
op I agree with you, trading can't do very well if not skilled enough. Trading needs to acquire enough knowledge to analyze the market and wait patiently. If we are too hasty in the trade field, if we can't make a decision at the right time, then our trade goes wrong, so it is very important to acquire the skill of trading. A skilled experienced person can be successful. So all of us should analyze the market carefully before trading and patiently plan long term so that we can succeed through future trades.


Title: Re: Why do many people fail in trade?
Post by: Rockstarguy on February 01, 2024, 08:43:30 AM
Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.

Focus, be consistent, learn from your mistakes and think that building an empire takes time.

What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.
Failing starts I trading when people stop to learn, I think some people feels they can do without learning in trading and they will still make a good trade. The lack of patience people exhibit is also the reason why they have problems in trading. Trading is not just an easy task that can be done just like that without understanding it. Trading is all about learning and having patienc, and this is something people can't do without in trading.  The problem that people do have when it comes to trading is that they get too lazy to learn about trading and expecting to get a better result from trading.

Some people thinks that the little knowledge they have gotten is enough to make profits from trading not knowing that learning trading is consistent because one strategy of trading can't be used forever.  Their are new strategy that one needs to know to have a profitable trade . Learning in trading is consistent,  this is the secrete to gain profit in trading .


Title: Re: Why do many people fail in trade?
Post by: kaka_Shipai on February 01, 2024, 12:36:01 PM
Trading is not for everyone. And trading is like someone looses money and the other one gains money. So if one person makes 100$, then 5 persons looses $20 each and plus the other taxes, so more people are bound to loose to make a smaller group win money.


Title: Re: Why do many people fail in trade?
Post by: avp2306 on February 01, 2024, 01:03:35 PM
I see a lot of traders who fail in this field, because they do not have patience and consistency in learning, that they are successful traders who study for more than a year or even two years so that they can have the ability to analyze the market and can have their own methods in making profits from trading.
Many who have just learned one month to one semester they give up and no longer want to trade, please note that naturally fruitful trees are trees that grow with a long period of time so that they can bear heavy fruit and can provide benefits for both the owner or others.

Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.

Focus, be consistent, learn from your mistakes and think that building an empire takes time.

What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.


   First of all, I don't believe that in just 1 month they learned trading 100%, I really doubt that. But I like what you said that we must learn to our mistakes, that's true because of the mistakes we made we realized what we did wrong.

  



If they say they master on how to trade for just span of one month then provably they are bluffing around. Maybe they have agenda hidden and they just want to influence other people to believe them or just bluffing his listeners since he want to know the reaction of people about what he or she claims on that statement.

Learning how to trade doesn't stop there since day by day we need to learn from our experiences and for sure there's a lot of scenarios which could happen in certain period of time that we need to learn that's why what we can do is to be attainable or always have our presence their to watch the flow of the market since if we are fully aware of everything there then we could possibly learn and chances to fail is low.


Title: Re: Why do many people fail in trade?
Post by: yudi09 on February 01, 2024, 01:11:23 PM
-snip-
-snip-

Spot trading, Futures, Binary are just a few options that you can try. However, spot trading is certainly safer so as not to lose all your budget if the price is corrected. Trading future is too risky, especially when traders place high leverage. Binary option is the same, it is too risky to lose all your budget.
Because it is safer from losing when you forget to cancel, I still maintain spot trading. I think if the risk of loss is very high due to negligence and high levels of fraud, it is not an option to consider.
When it comes to spot trading, people who are not very active in trading activities can quickly understand how to do it.

-snip-
-snip-
Its not simple but it doesnt mean that it would be impossible. Failure would be only that considered if you have given up along the process but if you dont able to do so along the way
on which you are still that learning then proceed and continue on what you are doing. Things could be learnt but not on a fast pace method or situation.
Realizing that you are actually in a learning process, playing large amounts of capital is not appropriate. During the learning and practice period, trial and error with small amounts of money is highly recommended. Then you can create your own methods and strategies obtained from the theoretical learning process with brief practical experience.


Title: Re: Why do many people fail in trade?
Post by: Fatunad on February 01, 2024, 01:13:46 PM
I see a lot of traders who fail in this field, because they do not have patience and consistency in learning, that they are successful traders who study for more than a year or even two years so that they can have the ability to analyze the market and can have their own methods in making profits from trading.
Many who have just learned one month to one semester they give up and no longer want to trade, please note that naturally fruitful trees are trees that grow with a long period of time so that they can bear heavy fruit and can provide benefits for both the owner or others.

Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.

Focus, be consistent, learn from your mistakes and think that building an empire takes time.

What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.


   First of all, I don't believe that in just 1 month they learned trading 100%, I really doubt that. But I like what you said that we must learn to our mistakes, that's true because of the mistakes we made we realized what we did wrong.

  



If they say they master on how to trade for just span of one month then provably they are bluffing around. Maybe they have agenda hidden and they just want to influence other people to believe them or just bluffing his listeners since he want to know the reaction of people about what he or she claims on that statement.

Learning how to trade doesn't stop there since day by day we need to learn from our experiences and for sure there's a lot of scenarios which could happen in certain period of time that we need to learn that's why what we can do is to be attainable or always have our presence their to watch the flow of the market since if we are fully aware of everything there then we could possibly learn and chances to fail is low.
Trying to master and taking have a grasps on the market for a 1 month? then it is really just that a pure boast. It wont really be that possible on trying out to take learning on everything in a short span of time.
Trading failures usually do came from on having those high expectations or high confidence about on learning from it in a short time. You would really be jus that making yourself that be prone into tons of mistakes
because you are expecting that too much and on the time that reality do slap into your face then this is where you would really be stating up on realize that it was never been that easy.

Mistakes and errors is really just that you learning stepping stone on which this is something that you should really be needing to realize along the way. Dont make yourself that
easily giving up on the time that you would really be experiencing those loses or mistakes on which it is really just that normal along the process.
It would matter on how you would really be able to sustain.


Title: Re: Why do many people fail in trade?
Post by: Zoomic on February 01, 2024, 02:08:38 PM
I see a lot of traders who fail in this field, because they do not have patience and consistency in learning, that they are successful traders who study for more than a year or even two years so that they can have the ability to analyze the market and can have their own methods in making profits from trading.
Many who have just learned one month to one semester they give up and no longer want to trade, please note that naturally fruitful trees are trees that grow with a long period of time so that they can bear heavy fruit and can provide benefits for both the owner or others.

Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.

Focus, be consistent, learn from your mistakes and think that building an empire takes time.

What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.


   First of all, I don't believe that in just 1 month they learned trading 100%, I really doubt that. But I like what you said that we must learn to our mistakes, that's true because of the mistakes we made we realized what we did wrong.

  



If they say they master on how to trade for just span of one month then provably they are bluffing around. Maybe they have agenda hidden and they just want to influence other people to believe them or just bluffing his listeners since he want to know the reaction of people about what he or she claims on that statement.

Learning how to trade doesn't stop there since day by day we need to learn from our experiences and for sure there's a lot of scenarios which could happen in certain period of time that we need to learn that's why what we can do is to be attainable or always have our presence their to watch the flow of the market since if we are fully aware of everything there then we could possibly learn and chances to fail is low.
Trying to master and taking have a grasps on the market for a 1 month? then it is really just that a pure boast. It wont really be that possible on trying out to take learning on everything in a short span of time.
Trading failures usually do came from on having those high expectations or high confidence about on learning from it in a short time. You would really be jus that making yourself that be prone into tons of mistakes
because you are expecting that too much and on the time that reality do slap into your face then this is where you would really be stating up on realize that it was never been that easy.

Mistakes and errors is really just that you learning stepping stone on which this is something that you should really be needing to realize along the way. Dont make yourself that
easily giving up on the time that you would really be experiencing those loses or mistakes on which it is really just that normal along the process.
It would matter on how you would really be able to sustain.

Most times I just laugh at those who claim they learnt trading within a space of one year. One of my major concern is that these set of traders go along to create social media platforms where they offer to teach prospective traders how to trade effectively within a very short period of time, giving these newbie traders the impression that they will begin to earn within a very short period of time. Many traders who learnt trading from these social media content creators who call themselves professional traders will fail and subsequently quit trading permanently if they are not determined to learn. Only the few determined ones will remain consistent trying to improve even if they fail.

Improvement is not something that happens instantly, it takes days of hardwork and constant learning to master the trading skills. Prospective traders should be aware of what is ahead of them so they can prepare their minds for it instead of lying to them.


Title: Re: Why do many people fail in trade?
Post by: |MINER| on February 01, 2024, 04:10:40 PM
Those who have less intelligence and patience are the ones who succeed in trading because trading requires a lot of patience which many people do not have.  Once faced with a loss, this person quits the trade.  Trading with profit and loss and accepting it should enter the trade.  I agree with you that a tree takes a long time to produce a good yield.  So one should not give up too quickly.  Achieving success in trading takes a lot of time because there is a lot to learn and know.  You should not be disappointed to see someone making a lot of profit from trading.  Look at his back story, he must have worked hard to get this success today.


Title: Re: Why do many people fail in trade?
Post by: bangjoe on February 01, 2024, 04:26:23 PM
-snip-
-snip-

Spot trading, Futures, Binary are just a few options that you can try. However, spot trading is certainly safer so as not to lose all your budget if the price is corrected. Trading future is too risky, especially when traders place high leverage. Binary option is the same, it is too risky to lose all your budget.
Because it is safer from losing when you forget to cancel, I still maintain spot trading. I think if the risk of loss is very high due to negligence and high levels of fraud, it is not an option to consider.
When it comes to spot trading, people who are not very active in trading activities can quickly understand how to do it.
Yes spot trading will be the best option in my opinion, especially on coins that already have a large market capitalization and we can see that the narative being discussed will have a high potential increase, it's just that in spot trading we need a large capital to get a decent profit, because if the presentation of the increase is small and we use small money then the benefits we get will not be felt for the growth of profits.

And again the security side when the price reverses we only need to wait and be patient until the price reverses back to profit if it is in spot trading, and it is not as complicated and risky as futures or binaries that have high risk and return, and in my opinion more people fail in trading futures or binaries than spot.


Title: Re: Why do many people fail in trade?
Post by: Awaklara on February 01, 2024, 05:08:27 PM
Yes spot trading will be the best option in my opinion, especially on coins that already have a large market capitalization and we can see that the narative being discussed will have a high potential increase, it's just that in spot trading we need a large capital to get a decent profit, because if the presentation of the increase is small and we use small money then the benefits we get will not be felt for the growth of profits.

And again the security side when the price reverses we only need to wait and be patient until the price reverses back to profit if it is in spot trading, and it is not as complicated and risky as futures or binaries that have high risk and return, and in my opinion more people fail in trading futures or binaries than spot.
The potential increase will not be determined by the way we trade whether on spot or in future. Your analytical skills in selecting assets are very determining in this case. People who focus on trading are of course thinking about profits in a short time, they avoid the risk of having to hold trading assets for too long.
If novice traders are learning to trade futures or spot, they must be prepared for losses. however traders' skills and understanding will develop as they try. and finally they can choose what is more appropriate for them, whether future or spot.


Title: Re: Why do many people fail in trade?
Post by: SOKO-DEKE on February 01, 2024, 05:08:52 PM

I see a lot of traders who fail in this field, because they do not have patience and consistency in learning, that they are successful traders who study for more than a year or even two years so that they can have the ability to analyze the market and can have their own methods in making profits from trading.

If you don't know a lot about the business you're doing, it's tough for it to work out well. Like, if you're not super smart about trading stuff, it's hard to do well in it. That's why people always say you should learn a lot before you start trading cryptocurrency. It's not like regular trading - it's kind of different and tricky. Cryptocurrency goes up and down a lot, which makes it pretty risky. So, if you want to be good at trading, you have to keep learning all the time. That way, you can figure out new tricks and skills to help you do better. It's like when you're learning to ride a bike - you keep practicing to get better!

Quote
Focus, be consistent, learn from your mistakes and think that building an empire takes time.

What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.

Without a dedication to continuous learning and practice, people can find it difficult to discover new abilities and strategies that are essential for profitable trading. One needs to place a high priority on continuous learning projects in order to become an expert and reliably profitable trader. A trader can improve their capacity to adapt and succeed in the fast-paced world of trading by immersing themselves in the intricacies of the market, comprehending a variety of trading methods, and keeping up with market trends.This persistent commitment to ongoing growth allows one to uncover novel ways as well as hone already-existing talents, which ensures long-term success in navigating the complexities of the trading scene.


Title: Re: Why do many people fail in trade?
Post by: snowpega on February 01, 2024, 05:51:11 PM
Well dear trading is the big challenge in this journey We have to fave many challenges.... If one do not have patience and taking impulsive decsion he/She have to face lose. Over trading is also a bad habit if one is greedy he also have to face many problems. So if you are trader have patience and control on your emotions because if you do not have control on emotions you also have to face many problem in trading journey.


Title: Re: Why do many people fail in trade?
Post by: 8rch7 on February 01, 2024, 09:27:36 PM
Not significant different between business and trading, why many people still fail in trade because they loss control with many unpredictable thing happen in gambling after understand well with theory and have difference thing implement with practice. To be success in trading is not enough understood well with theory and we have compete with emotion controlling until how limitation with patience when market get crashing suddenly without get panic moment for selling bitcoin or cryptocurrency assets.

Without a dedication to continuous learning and practice, people can find it difficult to discover new abilities and strategies that are essential for profitable trading. One needs to place a high priority on continuous learning projects in order to become an expert and reliably profitable trader.
Need motivation and won't give up after several time fail in trading but has decision keep continue learning and practice before become success with trading. Make mistake as lesson for the future if won't get the another failure in trading exactly in cryptocurrency has the same formula and way when trading in bitcoin or altcoin.


Title: Re: Why do many people fail in trade?
Post by: Vinaa77 on February 02, 2024, 04:20:30 AM
Well dear trading is the big challenge in this journey We have to fave many challenges.... If one do not have patience and taking impulsive decsion he/She have to face lose. Over trading is also a bad habit if one is greedy he also have to face many problems. So if you are trader have patience and control on your emotions because if you do not have control on emotions you also have to face many problem in trading journey.
In trading, there will always be challenges that we have to face to be able to gain profits from trading and we also need self-control not to make wrong decisions in trading that result in losses.
If we trade excessively this will also be a problem for us because it will be very difficult to stop and we will also do it greedily so that after we get a profit we still hope for more profits so we miss the opportunity and experience a loss, Of course we have to trade carefully so as not to allow greed to occur when trading.


Title: Re: Why do many people fail in trade?
Post by: bangjoe on February 02, 2024, 10:05:20 AM
Yes spot trading will be the best option in my opinion, especially on coins that already have a large market capitalization and we can see that the narative being discussed will have a high potential increase, it's just that in spot trading we need a large capital to get a decent profit, because if the presentation of the increase is small and we use small money then the benefits we get will not be felt for the growth of profits.

And again the security side when the price reverses we only need to wait and be patient until the price reverses back to profit if it is in spot trading, and it is not as complicated and risky as futures or binaries that have high risk and return, and in my opinion more people fail in trading futures or binaries than spot.
The potential increase will not be determined by the way we trade whether on spot or in future. Your analytical skills in selecting assets are very determining in this case. People who focus on trading are of course thinking about profits in a short time, they avoid the risk of having to hold trading assets for too long.
If novice traders are learning to trade futures or spot, they must be prepared for losses. however traders' skills and understanding will develop as they try. and finally they can choose what is more appropriate for them, whether future or spot.
I'm not sure if this is a good idea or not, but I think it's a good idea to use the same principles in short term investing or trading. I think failure is a natural thing to go through as long as we are willing to learn well and are able to understand every mistake we make in the trades we make both in spot and future trading, and that person will get light in their trading and then get comfortable where they can choose the trade they want because they have gone through a process?

But I think that the way of analysis in futures and spot trading is different and their capital also determines the size of their profits when they lose or win, and in some places I noticed that many people who use a large amount of funds in their trading plan form newbie are quicker to give up on their dream trade.


Title: Re: Why do many people fail in trade?
Post by: AakZaki on February 02, 2024, 02:56:55 PM
I'm not sure if this is a good idea or not, but I think it's a good idea to use the same principles in short term investing or trading. I think failure is a natural thing to go through as long as we are willing to learn well and are able to understand every mistake we make in the trades we make both in spot and future trading, and that person will get light in their trading and then get comfortable where they can choose the trade they want because they have gone through a process?

But I think that the way of analysis in futures and spot trading is different and their capital also determines the size of their profits when they lose or win, and in some places I noticed that many people who use a large amount of funds in their trading plan form newbie are quicker to give up on their dream trade.
There's nothing too different, I think it's the same, it's just that future trading is 2-way trading which allows every increase and decrease to provide a profit or even a loss. Other differentiators Generally, spot trading does not involve the use of leverage. Traders can only buy assets with the amount of money they have.
But in futures trading, traders can control a larger amount of assets than the amount of money they have with leverage. However, the use of crypto leverage also carries higher risks.


Title: Re: Why do many people fail in trade?
Post by: yudi09 on February 02, 2024, 03:01:51 PM
-snip-
Yes spot trading will be the best option in my opinion, especially on coins that already have a large market capitalization and we can see that the narative being discussed will have a high potential increase, it's just that in spot trading we need a large capital to get a decent profit, because if the presentation of the increase is small and we use small money then the benefits we get will not be felt for the growth of profits.
Can use large capital to get a large percentage profit if the coin we are trading reaches an increase in price. It is impossible for small capital to expect big profits. Regarding the technicalities, it depends on how we do it. In less than a week, the potential guess of a coin price increase is rarely achieved on the coin.
The advantage in spot trading is that we don't worry too much like forgetting to use a stop loss in a trade that requires it.
The fear of playing with large capital in trading lies in the inconvenience of placing capital on an exchange or trading platform.


Title: Re: Why do many people fail in trade?
Post by: knowngunman on February 02, 2024, 04:36:12 PM
Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.

Focus, be consistent, learn from your mistakes and think that building an empire takes time.

What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.

Trading is a very complicated aspect of crypto that is far more complex than it is being discussed. As an upcoming trader, there's more to focus on than the short term profits and loses because a few successful trades doesn't make you a pro trader likewise few loses does not make you a failure. Although, not everyone can survive in trading or endure the risk and the moment you spend a little time trading, you should be able to know whether to continue or back off. In case you choose to continue, trading is a continuous learning process where you make amendment and improve from your previous mistakes. No matter how long you have been in the industry, you can not stop making mistakes but the important thing is to learn from those mistakes to avoid it in the future.

However, sometimes giving up is the best decision to take as far as trading is concern. Not everything will work for you the way you want it and should be smart enough to spot the signs and give up at the right time. Trading is not free, you use your financial resources and your time to trade. If after several trial, it seems not working for you, do not listen to any motivation to keep on wasting your time and resources. Channel the money into something better like buying and holding of BTC for a long term investment.

But I think that the way of analysis in futures and spot trading is different and their capital also determines the size of their profits when they lose or win, and in some places I noticed that many people who use a large amount of funds in their trading plan form newbie are quicker to give up on their dream trade.

Using large amounts of money to trade with limited knowledge is the worst thing for someone to do. This statement "the higher the risk, the higher the profit" has misled so many people. It is truth that if you risk more, you will have more profit if market dance to your tune but people overlooked the opposite side of it having much confident on making money in trading than losing. This is why we have a large number rushing into it but only few are staying back after their experience.


Title: Re: Why do many people fail in trade?
Post by: AnonBitCoiner on February 02, 2024, 05:04:38 PM
Realizing that you are actually in a learning process, playing large amounts of capital is not appropriate. During the learning and practice period, trial and error with small amounts of money is highly recommended. Then you can create your own methods and strategies obtained from the theoretical learning process with brief practical experience.

Yes in learning process one should not use huge amount because in such case he can loss his whole money in a single try so try to initiate with little amount and if you know that now you learned well and you can get profit then start to use large amount but remember don't rushes towards trading if you don't know as if once you loss money you will work again and again to cover the loss without minimizing your mistakes and will loss all your amount.

I think in trading one should not use huge amount even he is an expert because trading is a risky field in which there is a possibility of losing money due to Volatility and unpredictability. Learn well, create your strategies, try to learn about using these strategies and then choose a less risky project which can make your start of trading better.


Title: Re: Why do many people fail in trade?
Post by: taufik123 on February 02, 2024, 05:11:13 PM
-snip-
Using large amounts of money to trade with limited knowledge is the worst thing for someone to do. This statement "the higher the risk, the higher the profit" has misled so many people. It is truth that if you risk more, you will have more profit if market dance to your tune but people overlooked the opposite side of it having much confident on making money in trading than losing. This is why we have a large number rushing into it but only few are staying back after their experience.
Yes, those who enter without any knowledge are hypnotized by the words "the higher the risk, the higher the profit",
even though, there are several conditions that must be met if you want to get big profits.

It is not easy for beginners to master the crypto market overnight.
It even requires good trading knowledge or technical and fundamental analysis.
Too confident without basic knowledge is just stupidity, and just relying on a lot of capital at the beginning will only lose so much in the end.

It is better to learn first before putting a lot of money into trading.
Crypto trading is no guarantee and all mistakes will be borne by yourself without compensation.



Title: Re: Why do many people fail in trade?
Post by: Distinctin on February 02, 2024, 07:58:51 PM
Those who have low risk tolerance might eventually get to decide to quit from trading most particularly if they are losing consistently. Even myself I would resort into quitting if I am not profitable anymore. But that is only on a newbie’s point of understanding. Because if you actually aim to become a good and successful trader someday, then you should not be easily discouraged with different losses and mistakes you’ve done in trading, that’s part of one’s training so you can be a reliable trader in the end.

Successful traders these days might not come into their current position if they end up quitting suddenly. But because their hopes and aspirations are high, they remain to be strong despite of their losses until they get to the point of becoming successful and profitable in their trading field.


Title: Re: Why do many people fail in trade?
Post by: cute nmp on February 02, 2024, 08:55:26 PM
Many people Fail in trading due to lack of patience and Endurance. Trading from every perspective requires a lot of effort from learning the concept, mastering it and doing constant practice even if it is on demo account to master the skills with time .Many are into it to make quick profits and become rich quickly and that's the reason many people fail .To become a consistent and profitable trader one need a lot of knowledge ,practice and patience that's is the basics for anyone wanting to become a professional.


Title: Re: Why do many people fail in trade?
Post by: bangjoe on February 03, 2024, 02:44:03 PM
But I think that the way of analysis in futures and spot trading is different and their capital also determines the size of their profits when they lose or win, and in some places I noticed that many people who use a large amount of funds in their trading plan form newbie are quicker to give up on their dream trade.

Using large amounts of money to trade with limited knowledge is the worst thing for someone to do. This statement "the higher the risk, the higher the profit" has misled so many people. It is truth that if you risk more, you will have more profit if market dance to your tune but people overlooked the opposite side of it having much confident on making money in trading than losing. This is why we have a large number rushing into it but only few are staying back after their experience.

Yes, this is what causes them to give up quickly, they have accepted the thinking of influencers that high risk is high return, I don't deny it, it's true but what beginners do is stupid if they apply that kind of initial thinking, and even more stupid they think that crypto is a scam when they lose their trades. And indeed very few people come back to correct their mistakes, they are like a hunter when looking for a wild boar, and when they don't find it they assume that the forest has no pigs for them to eat, even though they did not go through the right path to meet the horde of pigs they were looking for.


Title: Re: Why do many people fail in trade?
Post by: bettercrypto on February 03, 2024, 03:26:29 PM
But I think that the way of analysis in futures and spot trading is different and their capital also determines the size of their profits when they lose or win, and in some places I noticed that many people who use a large amount of funds in their trading plan form newbie are quicker to give up on their dream trade.

Using large amounts of money to trade with limited knowledge is the worst thing for someone to do. This statement "the higher the risk, the higher the profit" has misled so many people. It is truth that if you risk more, you will have more profit if market dance to your tune but people overlooked the opposite side of it having much confident on making money in trading than losing. This is why we have a large number rushing into it but only few are staying back after their experience.

Yes, this is what causes them to give up quickly, they have accepted the thinking of influencers that high risk is high return, I don't deny it, it's true but what beginners do is stupid if they apply that kind of initial thinking, and even more stupid they think that crypto is a scam when they lose their trades. And indeed very few people come back to correct their mistakes, they are like a hunter when looking for a wild boar, and when they don't find it they assume that the forest has no pigs for them to eat, even though they did not go through the right path to meet the horde of pigs they were looking for.

That's what hurts—the newbies who suddenly say that crypto is a scam; they haven't been in this industry long; and those of us who have been in this field for a long time—our concept of understanding is not like that.

After all, they were the real culprits in the beginning because they didn't do research before investing in a crypto, just because they got carried away by the hype.


Title: Re: Why do many people fail in trade?
Post by: Tipeform$ on February 03, 2024, 07:42:06 PM
I see a lot of traders who fail in this field, because they do not have patience and consistency in learning, that they are successful traders who study for more than a year or even two years so that they can have the ability to analyze the market and can have their own methods in making profits from trading.
Many who have just learned one month to one semester they give up and no longer want to trade, please note that naturally fruitful trees are trees that grow with a long period of time so that they can bear heavy fruit and can provide benefits for both the owner or others.

Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.

Focus, be consistent, learn from your mistakes and think that building an empire takes time.

What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.

Those who fail in trading are those who have no trading experience or strategy. Especially new traders use the trading platform as a means of easy earning and in the beginning they trade on the trading platform on speculation. Those who trade with speculation on the trading platform are the ones who fail on the trading platform. New traders trade without understanding well, they don't know what trading strategy to adopt. So traders who fail on trading platform should learn all the rules and tricks of trading.  Only then can they reduce failure from trading.


Title: Re: Why do many people fail in trade?
Post by: kojektea on February 03, 2024, 07:56:52 PM
the number of people who fail in trading is the pattern of the person's way of thinking, thinking that by trading they can easily get money when they suffer they no longer want to trade, this impatience makes them fail, in trading requires patience if you can't do it, it's best not to do it.
in trading you will also suffer losses, let's just say that the payment for learning is much more reassuring


Title: Re: Why do many people fail in trade?
Post by: Bloodseekers on February 04, 2024, 08:43:26 AM
the number of people who fail in trading is the pattern of the person's way of thinking, thinking that by trading they can easily get money when they suffer they no longer want to trade, this impatience makes them fail, in trading requires patience if you can't do it, it's best not to do it.
in trading you will also suffer losses, let's just say that the payment for learning is much more reassuring
Those who misunderstand trading will certainly make mistakes and most of those who make these mistakes have a mindset that if they trade they will be able to gain profits quickly from trading and they don't know the risk that if they make mistakes in trading it will result in losses and loss. the money we use in trading.

We need to be careful when trading and don't do it greedily which results in losses in trading and we have to decide something when we are not in a hurry in order to minimize losses in trading, because if we do it greedily and in a hurry then there is a big possibility that we will lose the money we use for trading.


Title: Re: Why do many people fail in trade?
Post by: barisbilgili on February 04, 2024, 08:59:03 AM
the number of people who fail in trading is the pattern of the person's way of thinking, thinking that by trading they can easily get money when they suffer they no longer want to trade, this impatience makes them fail, in trading requires patience if you can't do it, it's best not to do it.
in trading you will also suffer losses, let's just say that the payment for learning is much more reassuring
Those who misunderstand trading will certainly make mistakes and most of those who make these mistakes have a mindset that if they trade they will be able to gain profits quickly from trading and they don't know the risk that if they make mistakes in trading it will result in losses and loss. the money we use in trading.

We need to be careful when trading and don't do it greedily which results in losses in trading and we have to decide something when we are not in a hurry in order to minimize losses in trading, because if we do it greedily and in a hurry then there is a big possibility that we will lose the money we use for trading.
Big ambition usually makes someone make mistakes because of things they cannot control because of their big desire to gain profit, usually many beginners experience this.

In trading, there is quite a lot of knowledge that must be learned to be able to make a profit, we even have to learn how to control ourselves, so understand first that trading is not an easy thing to do.
The risks in trading are quite large, so we have to be very careful.


Title: Re: Why do many people fail in trade?
Post by: AnonBitCoiner on February 04, 2024, 09:32:05 AM
That's what hurts—the newbies who suddenly say that crypto is a scam; they haven't been in this industry long; and those of us who have been in this field for a long time—our concept of understanding is not like that.

After all, they were the real culprits in the beginning because they didn't do research before investing in a crypto, just because they got carried away by the hype.

Actually they imagine crypto as a mechanism of making quick money but they fail to get the accurate details about crypto. They hope for the quick response from crypto and are expecting huge sum in return within a week or month but situations gets opposite to their expectations as a result of they says that crypto is scam.

Humans never show their own faults but share wrong information about crypto but their main faults here is that they don't know about coins and their nature but imagine that every coin will be like a bitcoin. They heard about the success of others but they did not understand the strategies and techniques of earning therefore they fails and blame crypto.


Title: Re: Why do many people fail in trade?
Post by: leonair on February 04, 2024, 10:51:53 AM
the number of people who fail in trading is the pattern of the person's way of thinking, thinking that by trading they can easily get money when they suffer they no longer want to trade, this impatience makes them fail, in trading requires patience if you can't do it, it's best not to do it.
in trading you will also suffer losses, let's just say that the payment for learning is much more reassuring
Those who misunderstand trading will certainly make mistakes and most of those who make these mistakes have a mindset that if they trade they will be able to gain profits quickly from trading and they don't know the risk that if they make mistakes in trading it will result in losses and loss. the money we use in trading.

We need to be careful when trading and don't do it greedily which results in losses in trading and we have to decide something when we are not in a hurry in order to minimize losses in trading, because if we do it greedily and in a hurry then there is a big possibility that we will lose the money we use for trading.
Big ambition usually makes someone make mistakes because of things they cannot control because of their big desire to gain profit, usually many beginners experience this.

In trading, there is quite a lot of knowledge that must be learned to be able to make a profit, we even have to learn how to control ourselves, so understand first that trading is not an easy thing to do.
The risks in trading are quite large, so we have to be very careful.
Investing in altcoins is very risky. So think twice before investing. And should invest very carefully because if you make wrong investment you will lose most of your investment amount. Because of this, it is safe to invest in Bitcoin because there is no alternative coin And it will not scum or spoil its vellum. Because of this it is a very good idea to invest in bitcoins without hesitation for a safe investment. And it is best for long term investment


Title: Re: Why do many people fail in trade?
Post by: God bless u on February 04, 2024, 11:32:12 AM
That's what hurts—the newbies who suddenly say that crypto is a scam; they haven't been in this industry long; and those of us who have been in this field for a long time—our concept of understanding is not like that.

After all, they were the real culprits in the beginning because they didn't do research before investing in a crypto, just because they got carried away by the hype.

Actually they imagine crypto as a mechanism of making quick money but they fail to get the accurate details about crypto. They hope for the quick response from crypto and are expecting huge sum in return within a week or month but situations gets opposite to their expectations as a result of they says that crypto is scam.

Humans never show their own faults but share wrong information about crypto but their main faults here is that they don't know about coins and their nature but imagine that every coin will be like a bitcoin. They heard about the success of others but they did not understand the strategies and techniques of earning therefore they fails and blame crypto.

People have become so crazy in love with bitcoin, we can even call it love, because the price of bitcoin has pumped up enough, that's why its a unique coin, people have fallen in love with it. Even they are searching the face of bitcoin in ETH,SOL,BNB. They thinking in future it can compare to bitcoin they bring some such situation to the public that they can also benefit from it.

They are doing all this because they have missed the opportunity to buy bitcoin. The price of bitcoin is much lower than now which was in 2010. If only people had this opportunity. If there is a profit in this way, people are starting to buy ETH, so in the future, even bigger highs can be seen in ETH.


Title: Re: Why do many people fail in trade?
Post by: arwin100 on February 04, 2024, 02:14:54 PM
the number of people who fail in trading is the pattern of the person's way of thinking, thinking that by trading they can easily get money when they suffer they no longer want to trade, this impatience makes them fail, in trading requires patience if you can't do it, it's best not to do it.
in trading you will also suffer losses, let's just say that the payment for learning is much more reassuring
Those who misunderstand trading will certainly make mistakes and most of those who make these mistakes have a mindset that if they trade they will be able to gain profits quickly from trading and they don't know the risk that if they make mistakes in trading it will result in losses and loss. the money we use in trading.

We need to be careful when trading and don't do it greedily which results in losses in trading and we have to decide something when we are not in a hurry in order to minimize losses in trading, because if we do it greedily and in a hurry then there is a big possibility that we will lose the money we use for trading.
Big ambition usually makes someone make mistakes because of things they cannot control because of their big desire to gain profit, usually many beginners experience this.

In trading, there is quite a lot of knowledge that must be learned to be able to make a profit, we even have to learn how to control ourselves, so understand first that trading is not an easy thing to do.
The risks in trading are quite large, so we have to be very careful.
Investing in altcoins is very risky. So think twice before investing. And should invest very carefully because if you make wrong investment you will lose most of your investment amount. Because of this, it is safe to invest in Bitcoin because there is no alternative coin And it will not scum or spoil its vellum. Because of this it is a very good idea to invest in bitcoins without hesitation for a safe investment. And it is best for long term investment

We need to have good alternative aside from bitcoin and aside for getting afraid of the risk thay possible to came then we should adopt on the changes to see if there's something to be gain here also if we are capable to do good trades since trading is not really for everyone that's why if they learn that they find hardship on their trades and get a lot of stress then maybe better to quit for a while since nothing bets more without having a stress. Bitcoin is ideal to invest since there's a lot of time that it could pump and those what happen from the past so thus year especially that halving is coming so for sure there are lots of people preparing to have bitcoins so thet will not miss anything.


Title: Re: Why do many people fail in trade?
Post by: Nanga Parbat on February 04, 2024, 04:56:45 PM
I think Those people who do not have proper research and market understanding.  Some people cannot control their emotions, which is essential in trading.  Lack of knowledge of risk management is also a big corn, in which people are not able to handle their investments properly. 
Obviously, there is a lot of skill and research involved in trading, which every trader should adopt.


Title: Re: Why do many people fail in trade?
Post by: Barikui1 on February 04, 2024, 05:34:07 PM
I see a lot of traders who fail in this field, because they do not have patience and consistency in learning, that they are successful traders who study for more than a year or even two years so that they can have the ability to analyze the market and can have their own methods in making profits from trading.
Many who have just learned one month to one semester they give up and no longer want to trade, please note that naturally fruitful trees are trees that grow with a long period of time so that they can bear heavy fruit and can provide benefits for both the owner or others.

Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.

Focus, be consistent, learn from your mistakes and think that building an empire takes time.

What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.

Most trader always think that more trading means more money, but trading is not like that, some time if by looking at the chart and you See's no clear direction of the market, it is best you stay off the market than to force your way in an lose money, and another thing that to me is very important is your risk management skill, how good are you at it, because that is what preserve your capital and your gain, if not, you will practically be blowing your account every time you trade.
Another one is leverage, most trader that lose all their fund is due to over leverage, so in other to succeed in trading, do not over leverage.


Title: Re: Why do many people fail in trade?
Post by: the rise on February 04, 2024, 10:45:14 PM
Many people are clumsy in trading because they only think about profits, but after they suffer a loss they are traumatized so they don't want to try again, usually new people are interested in trading because they see people, and follow the crowd, without thinking long and without a strategy they go into trading without there is knowledge of just following the crowd


Title: Re: Why do many people fail in trade?
Post by: yudi09 on February 05, 2024, 03:35:16 PM
-snip-
-snip-

I think in trading one should not use huge amount even he is an expert because trading is a risky field in which there is a possibility of losing money due to Volatility and unpredictability. Learn well, create your strategies, try to learn about using these strategies and then choose a less risky project which can make your start of trading better.
Try thinking again about the first sentence in your second paragraph. The prohibition against using large capital does not apply to professional traders who have understood the market cycle with wise knowledge. They only think about and set priority standards for their trade. Additionally, professional traders simply require a degree of vigilance. Technically, even though they are professionals, they can still experience losses in trading.

Using big money for traders who are still at the learning stage, I agree not to do it because the potential for loss is greater than profit.


Title: Re: Why do many people fail in trade?
Post by: Xampeuu on February 06, 2024, 06:51:03 AM
-snip-
-snip-

I think in trading one should not use huge amount even he is an expert because trading is a risky field in which there is a possibility of losing money due to Volatility and unpredictability. Learn well, create your strategies, try to learn about using these strategies and then choose a less risky project which can make your start of trading better.
Try thinking again about the first sentence in your second paragraph. The prohibition against using large capital does not apply to professional traders who have understood the market cycle with wise knowledge. They only think about and set priority standards for their trade. Additionally, professional traders simply require a degree of vigilance. Technically, even though they are professionals, they can still experience losses in trading.

Using big money for traders who are still at the learning stage, I agree not to do it because the potential for loss is greater than profit.
The larger the funds used, the easier trading will be, because with a small target percentage we can already get a large fiat nominal value. That way the level of risk is small and keeps your psychology healthy. Maybe the OP was wrong in what he said, if a novice trader is given large capital, it will be very risky, in addition to techniques that have not yet been mastered, have minimal experience and are still psychologically unstable.


Title: Re: Why do many people fail in trade?
Post by: justdimin on February 06, 2024, 09:36:43 AM
Trying to master and taking have a grasps on the market for a 1 month? then it is really just that a pure boast. It wont really be that possible on trying out to take learning on everything in a short span of time.
Trading failures usually do came from on having those high expectations or high confidence about on learning from it in a short time. You would really be jus that making yourself that be prone into tons of mistakes
because you are expecting that too much and on the time that reality do slap into your face then this is where you would really be stating up on realize that it was never been that easy.

Mistakes and errors is really just that you learning stepping stone on which this is something that you should really be needing to realize along the way. Dont make yourself that
easily giving up on the time that you would really be experiencing those loses or mistakes on which it is really just that normal along the process.
It would matter on how you would really be able to sustain.
It is true that nobody could learn everything about trading in a month, we should not be really considering it as possible and we should give it more time. Trying to figure out trading in a month is not an achievement, it is taking shotcuts and you will end up realizing that you should have studied it better in the future.

We should give it the respect it deserves because the way we learn and the things we learn will be used to earn more money and if we fail then it means we are going to lose our money. Would you rather risk losing money because you wanted to study less? Or would you rather study more and have a higher chance of making money? I would rather spend more months on studying and becoming good, so that I would get a better result.


Title: Re: Why do many people fail in trade?
Post by: TheUltraElite on February 14, 2024, 02:13:05 PM
The larger the funds used, the easier trading will be, because with a small target percentage we can already get a large fiat nominal value.
True, but to be able to make that significant a change, you need a large capital and putting that to a single trade can make the trader sweat.

But people fail in trading not because of the capital but because of their mindset and their impatience. If the mindset is a long term one with no panic selling, the long term survival in the game is high. But with the short term and day trading type of "games" that some newbies start specially after watching some influencers on youtube, they will get washed out in a couple of days.


Title: Re: Why do many people fail in trade?
Post by: ancafe on February 14, 2024, 03:01:01 PM
I see a lot of traders who fail in this field, because they do not have patience and consistency in learning, that they are successful traders who study for more than a year or even two years so that they can have the ability to analyze the market and can have their own methods in making profits from trading.
Many who have just learned one month to one semester they give up and no longer want to trade, please note that naturally fruitful trees are trees that grow with a long period of time so that they can bear heavy fruit and can provide benefits for both the owner or others.

Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.
Patience in learning many things makes people feel bored so they try to get involved directly in the absence of complete knowledge. Trading is indeed much more difficult to do because people have to have skills and trading can also result in much bigger losses when people don't understand how to do it. It's better to learn slowly because we will be trained to be more prepared in trading and usually when we learn more relaxedly there is a lot of knowledge that we can apply in any condition.

Practice trading slowly and if you want to try it, you should use a small budget so you can feel how to trade correctly. Do research and maximize the risk of loss because this is how we can mature ourselves in trading because every risk that arises will definitely have an impact on both beginners and experienced traders.


Title: Re: Why do many people fail in trade?
Post by: Mame89 on February 14, 2024, 08:35:48 PM
the number of people who fail in trading is the pattern of the person's way of thinking, thinking that by trading they can easily get money when they suffer they no longer want to trade, this impatience makes them fail, in trading requires patience if you can't do it, it's best not to do it.
in trading you will also suffer losses, let's just say that the payment for learning is much more reassuring
So true. It all depends on your mindset. Failure in trading is a matter of mindset and knowledge, a trader must feel complicated in trading even though he has been trading for years but still has to continue learning because learning is the basis of trading. because trading requires experience and strong psychology.

Trading requires technical analysis. Many traders fail, especially beginners, just following recommendations without knowing the reasons. So that they can become traders who are consistent in making profits, analysis is needed before buying crypto. Yes that's right. In the world of traders, no one is successful instantly, everyone needs a process, patience and continuous learning.


Title: Re: Why do many people fail in trade?
Post by: Furious 7 on February 14, 2024, 08:38:15 PM
Many people are clumsy in trading because they only think about profits, but after they suffer a loss they are traumatized so they don't want to try again, usually new people are interested in trading because they see people, and follow the crowd, without thinking long and without a strategy they go into trading without there is knowledge of just following the crowd

Exactly, I believe that most traders who have just come or I mean they are beginners come with the aim of making a profit, I understand that all traders have a goal to make a profit and that is natural but the problem is that most beginners come too focused on the profit opportunities so it is like ignoring the aspect of possible risks that exist in the world of trading that will actually continue to lurk them.

Lack of experience and knowledge is usually always the main problem for most newbies who just come and I think it is a fact that most beginners come because they see the benefits that are successfully obtained by others or one of their friends so that it becomes a motivation for them to jump in and get involved, but unfortunately they do not pay too much attention to the possible risks that exist in the world of trading which makes them come without doing a lot of consideration from various sides and without bringing careful preparation, especially in terms of risk management, and this of course makes them really have problems when it turns out that losses are far more dominant than profits, it is not uncommon for us to find some traders who end up with a lot of losses that can even stress them, so the point is very important to be rational in seeing everything because with this then you will understand that trading is not just about profit.


Title: Re: Why do many people fail in trade?
Post by: Kelvinid on February 14, 2024, 09:34:57 PM
the number of people who fail in trading is the pattern of the person's way of thinking, thinking that by trading they can easily get money when they suffer they no longer want to trade, this impatience makes them fail, in trading requires patience if you can't do it, it's best not to do it.
in trading you will also suffer losses, let's just say that the payment for learning is much more reassuring
So true. It all depends on your mindset. Failure in trading is a matter of mindset and knowledge, a trader must feel complicated in trading even though he has been trading for years but still has to continue learning because learning is the basis of trading. because trading requires experience and strong psychology.

Trading requires technical analysis. Many traders fail, especially beginners, just following recommendations without knowing the reasons. So that they can become traders who are consistent in making profits, analysis is needed before buying crypto. Yes that's right. In the world of traders, no one is successful instantly, everyone needs a process, patience and continuous learning.
In general, they underestimate trading and feel like just knowing the basics is enough which the truth is that it is not. These traders are not totally ready for this and once face the market crisis, they change their mindset and quit. It often happens to first-timers and less experienced traders, their weak hands and emotional control trigger and decide to stop. But this is not new in trading and we already know that not all are able to understand the situation especially when we've been influenced by these social media influencers. It all turns bad and difficult if we continue with a lack of preparation.


Title: Re: Why do many people fail in trade?
Post by: Fatunad on February 14, 2024, 09:35:58 PM
Many people are clumsy in trading because they only think about profits, but after they suffer a loss they are traumatized so they don't want to try again, usually new people are interested in trading because they see people, and follow the crowd, without thinking long and without a strategy they go into trading without there is knowledge of just following the crowd

Exactly, I believe that most traders who have just come or I mean they are beginners come with the aim of making a profit, I understand that all traders have a goal to make a profit and that is natural but the problem is that most beginners come too focused on the profit opportunities so it is like ignoring the aspect of possible risks that exist in the world of trading that will actually continue to lurk them.

Lack of experience and knowledge is usually always the main problem for most newbies who just come and I think it is a fact that most beginners come because they see the benefits that are successfully obtained by others or one of their friends so that it becomes a motivation for them to jump in and get involved, but unfortunately they do not pay too much attention to the possible risks that exist in the world of trading which makes them come without doing a lot of consideration from various sides and without bringing careful preparation, especially in terms of risk management, and this of course makes them really have problems when it turns out that losses are far more dominant than profits, it is not uncommon for us to find some traders who end up with a lot of losses that can even stress them, so the point is very important to be rational in seeing everything because with this then you will understand that trading is not just about profit.
All of us did really come or reach into a point that you are really that aiming on making profits or money with trading on which it would really be your first personal approach towards things on which you are aiming or hoping for something specially with those profits but once you do face up such reality then you would really be able to tell that things is never been that easy and it would really be just that normal that you would be facing up those main challenges in trading or investing on which it is really that very normal. There are really just those people who are really that too optimistic about things and once they do face up the reality then this is where they would really be telling into themselves that it wasnt been easy in the first place.

Failing or mistakes or errors are really just that normal on the venture that you are dealing with. We cant be able to take grasps on trading on first try on which it would really be just that normal or really that been
a casual experience that you would really be able to meet up in the first hand on which we know that its something inevitable or something that cant be avoided.
This is why adjustments and able to adapt on certain conditions is a must.


Title: Re: Why do many people fail in trade?
Post by: kawetsriyanto on February 14, 2024, 09:59:15 PM
Many people Fail in trading due to lack of patience and Endurance. Trading from every perspective requires a lot of effort from learning the concept, mastering it and doing constant practice even if it is on demo account to master the skills with time .Many are into it to make quick profits and become rich quickly and that's the reason many people fail .To become a consistent and profitable trader one need a lot of knowledge ,practice and patience that's is the basics for anyone wanting to become a professional.
People can't be patience and they have weak mentality to survive, it is sometimes because they have poor knowledge. Knowledge has a very crucial role to determine the success in trading. People who have good knowledge and experience, must have a better mentality. They can be more patience and feel more confident in trading. That's because they know how to optimize the chance to get profits in trading. When people can earn good profits constantly, I believe they will last a long time in trading.

Demo account is needed to understand the basic thing about how to trade. But to increase the skills and experience, using demo account seems to be useless. We must have them from real trading, we must practice to trade with small amount of money. Don't target too high profits when we just begin, we must focus on getting the experience first.



Title: Re: Why do many people fail in trade?
Post by: terrific on February 14, 2024, 10:34:02 PM
The larger the funds used, the easier trading will be, because with a small target percentage we can already get a large fiat nominal value.
Technically that is right that the bigger funds you have, the easier you will be able to hit your target because if the percetange is just 5% or little, you can deal with it easily.

That way the level of risk is small and keeps your psychology healthy. Maybe the OP was wrong in what he said, if a novice trader is given large capital, it will be very risky, in addition to techniques that have not yet been mastered, have minimal experience and are still psychologically nstable.
Newbie traders shouldn't take larger funds when they trade because the chance that they're going to waste that is very high.


Title: Re: Why do many people fail in trade?
Post by: sulendra12 on February 14, 2024, 10:57:40 PM
What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.
They think that trading is an easy money making scheme because they saw lot of posts about people making quick money through trading. Yet those traders didn't know what losses they have been through to actually get those results, it needs time and experience to actually know what is good to trade or not. You won't instantly get profit, trading is a marathon not a rice, your experience will be worth it.


Title: Re: Why do many people fail in trade?
Post by: Sanitough on February 14, 2024, 11:57:34 PM
People may fail in their trades but it won’t mean that they will keep on losing until the end. Trading can be learned most especially if you take most of your time learning trading, and it’s normal to see initial losses since you are still in the process of learning, what is not normal is that if you end up quitting without recovering your previous losses. That is not the mindset of a real trader, as trader never quits but will continue to master his craft until he’ll end up successful and profitable.


Title: Re: Why do many people fail in trade?
Post by: ancafe on February 15, 2024, 07:04:14 PM
People may fail in their trades but it won’t mean that they will keep on losing until the end. Trading can be learned most especially if you take most of your time learning trading, and it’s normal to see initial losses since you are still in the process of learning, what is not normal is that if you end up quitting without recovering your previous losses. That is not the mindset of a real trader, as trader never quits but will continue to master his craft until he’ll end up successful and profitable.
Almost many people lose when they first get to know trading and that is a common occurrence, but the problem is how they can be more responsible and experience can be a reference to continue to improve. The key is simple and when people want to continue learning then they will definitely be better prepared to recover some of their losses because basically trading cannot always provide profits and there are times when we will also experience losses even though our trading knowledge is much better.

When someone can handle risk then there is a way for them to recover initial losses and psychologically they can also be better prepared. Improving trading skills will actually be much faster when they can be directly involved and the most important thing is that they already know the basics of trading, so they don't carry out trading based on greed but with the right knowledge.


Title: Re: Why do many people fail in trade?
Post by: Tomcolor on February 15, 2024, 08:37:00 PM
I can give many explanations as to the reasons but the most prominent reason is lack of skills. If someone suddenly trades, he should realize that he is trading greedily after seeing the profits of others, which results in losses. So don't give up too soon in trading there are many mistakes that will teach you and among these lessons you can improve your skills. Trading with risk management should be done slowly and methodically so that you understand how to trade profitably.


Title: Re: Why do many people fail in trade?
Post by: lalabotax on February 15, 2024, 08:58:05 PM
In general, they underestimate trading and feel like just knowing the basics is enough which the truth is that it is not. These traders are not totally ready for this and once face the market crisis, they change their mindset and quit. It often happens to first-timers and less experienced traders, their weak hands and emotional control trigger and decide to stop. But this is not new in trading and we already know that not all are able to understand the situation especially when we've been influenced by these social media influencers. It all turns bad and difficult if we continue with a lack of preparation.
Indeed. especially with market conditions which are very volatile due to high fluctuations, panic is inevitable. Yes, mental and emotional control is also very influential when trading. And when we panic easily, this will really affect the results of our considerations. We have seen how traders, especially beginners, panic sell or buy without careful analysis first. This is not good because the market will continue like that and if we don't learn how to control our emotions and panic, well, it will be quite difficult for us to achieve success. especially if our knowledge and insight into trading is not that good. It's complete so that losses are easier to trade.


Title: Re: Why do many people fail in trade?
Post by: Maslate on February 15, 2024, 09:35:59 PM
People fail in trading because they are not capable to win. Not only because they don’t have what it takes to make a profitable trade, but they are also not well prepared enough to trade due to lack of knowledge and skills, and most probably they lack the trading experiences that will make them master their trading. However, some people fail in trading despite of their trading knowledge and experiences, but since they find it hard to control their emotions, and would always based their decision from their emotions, then this kind of people will never win from their trades.


Title: Re: Why do many people fail in trade?
Post by: Stable090 on February 15, 2024, 10:14:08 PM
I see a lot of traders who fail in this field, because they do not have patience and consistency in learning, that they are successful traders who study for more than a year or even two years so that they can have the ability to analyze the market and can have their own methods in making profits from trading.
When you want to be a trader, then you have to keep on learning. If you can’t learn, then you will find it difficult to be a successful trader. Most people are just too lazy to learn, and that’s why they are finding it difficult to make a profit in trading. Lots of people trading right now, most especially newbies, are doing it just because of the money in it. That’s why, if you notice, they don’t want to learn how to do analysis themselves, most of them are just looking for signal groups to follow, which is why they end up failing.

Many who have just learned one month to one semester they give up and no longer want to trade, please note that naturally fruitful trees are trees that grow with a long period of time so that they can bear heavy fruit and can provide benefits for both the owner or others.
Trading is not something you should learn for a specific period of time. When you want to learn how to trade, we should do it until we truly understand it. We all have different assimilation patterns, and we shouldn’t compare ourselves with others. Also, after learning about trading, you have to keep on updating your strategy because you can’t use a strategy forever, so you have to keep on learning, even after knowing the basics of trading.


Title: Re: Why do many people fail in trade?
Post by: freedomgo on February 15, 2024, 10:58:23 PM
the number of people who fail in trading is the pattern of the person's way of thinking, thinking that by trading they can easily get money when they suffer they no longer want to trade, this impatience makes them fail, in trading requires patience if you can't do it, it's best not to do it.
in trading you will also suffer losses, let's just say that the payment for learning is much more reassuring
People tend to easily believe that trading itself will find a way, and believe that it’s a get rich quick activity that even if they are knowledgeable or experienced enough, they will still be profitable. However, that is not true in trading. If you don’t have what it takes to be a successful trader, you will never get the profits you desire. Being a profitable trader relies much on being patient, if you don’t have that good amount of patience, you will never be good enough in trading, and you will never conquer those inevitable losses when trading.


Title: Re: Why do many people fail in trade?
Post by: Sorryfor on February 16, 2024, 04:49:04 AM
Every few things that you have said in terms of trading makes sense. First of all you said successful traders spend years acquiring knowledge first and then start trading. Whatever it is that we want to achieve, it is of utmost importance that we first know the details of the subject and also be in touch with skilled people. So you must know about this before trading. Secondly here you must analyze well. You may not be profitable the first time you trade but if you are patient and stick with it, you will have the skills to make a big profit from it in the future. I also think it is important to wait for the right time to trade. And it is equally important to analyze the cryptocurrency market well.


Title: Re: Why do many people fail in trade?
Post by: Humblevirus on February 16, 2024, 05:15:19 AM

I see a lot of traders who fail in this field, because they do not have patience and consistency in learning, that they are successful traders who study for more than a year or even two years so that they can have the ability to analyze the market and can have their own methods in making profits from trading.

In order to become a successful trader, individuals must possess unwavering determination, as trading demands a constant influx of knowledge and diligent research. It's not sufficient for someone to merely rely on their intuition or assumptions when engaging in trading activities. To excel in this field, one must prioritize ongoing learning and skill development. Without a solid understanding of trading principles and a commitment to continuous learning, individuals are bound to face losses. Trading is a complex endeavor that necessitates thorough preparation and ongoing effort to thrive and avoid pitfalls.


Many who have just learned one month to one semester they give up and no longer want to trade, please note that naturally fruitful trees are trees that grow with a long period of time so that they can bear heavy fruit and can provide benefits for both the owner or others.

it's true that seeing the benefits of one's efforts takes time, so patience is crucial in trading. However, trading carries significant risks, and if someone chooses to stop trading, I wouldn't blame them. In reality, I can't actively advocate for trading, yet I also won't dissuade anyone from pursuing it. It's important to weigh the potential rewards against the risks and make informed decisions. Each individual's circumstances and risk tolerance vary, so it's essential to approach trading with caution and awareness.


Title: Re: Why do many people fail in trade?
Post by: $weetne$$ on February 16, 2024, 01:47:21 PM
People fail in trading because they are not capable to win. Not only because they don’t have what it takes to make a profitable trade, but they are also not well prepared enough to trade due to lack of knowledge and skills, and most probably they lack the trading experiences that will make them master their trading. However, some people fail in trading despite of their trading knowledge and experiences, but since they find it hard to control their emotions, and would always based their decision from their emotions, then this kind of people will never win from their trades.

I'll agree with you more that people fail because they can't control their emotions, some people get too excited when they want to trade and the excitement will cause them to make a wrong call. They'll fail when trading not because they don't know how to trade but because they can't control their emotions. Some traders are falling because they don't time the market perfectly. Just knowing how to trade isn't enough to become successful when trading but you also have to know the perfect time to enter the market. You shouldn't put a sell order when there's a news that's giving Bitcoin or any other cryptocurrency that you're trading a good publicity and also when the publicity is bad you shouldn't be buying that coin or you'll lose from the price of the coin falling.


Title: Re: Why do many people fail in trade?
Post by: Peanutswar on February 16, 2024, 02:27:37 PM
It is normal to fail in trading we know how the market of crypto is so volatile which is there's price manipulation or also could be news related to the particular coins release, or any big events comes up to the active traders, after this mistake you can set another position but its not the same as it is because its another trade not all the time you've been trading are still ideal to trade, people most likely deceive with their perspective and emotions instead cutting it off and make a reset trade. Control your emotions stick to the plan most of the key to success in trading.


Title: Re: Why do many people fail in trade?
Post by: doomloop on February 18, 2024, 01:30:52 PM
People may fail in their trades but it won’t mean that they will keep on losing until the end. Trading can be learned most especially if you take most of your time learning trading, and it’s normal to see initial losses since you are still in the process of learning, what is not normal is that if you end up quitting without recovering your previous losses. That is not the mindset of a real trader, as trader never quits but will continue to master his craft until he’ll end up successful and profitable.
It's true but only some traders understand this and those traders are the ones who have started trading with a clear mindset that they will learn it from top to bottom so that they can earn constant profits from it. Some traders, especially new ones, would start trading with a different mindset and approach, thinking they will get a lot of profit in a short period which makes them make quick and reckless trades by following signals and suggestions from here and there without doing any research or understanding the market.

Such are the people that when failed will stop trading immediately blaming and abusing the market as well as the people that have provided them signals and suggestions without thinking that it was their mistake and they need to blame themselves.


Title: Re: Why do many people fail in trade?
Post by: EarnOnVictor on February 18, 2024, 08:38:48 PM
the number of people who fail in trading is the pattern of the person's way of thinking, thinking that by trading they can easily get money when they suffer they no longer want to trade, this impatience makes them fail, in trading requires patience if you can't do it, it's best not to do it.
in trading you will also suffer losses, let's just say that the payment for learning is much more reassuring
So true. It all depends on your mindset. Failure in trading is a matter of mindset and knowledge, a trader must feel complicated in trading even though he has been trading for years but still has to continue learning because learning is the basis of trading. because trading requires experience and strong psychology.

Trading requires technical analysis. Many traders fail, especially beginners, just following recommendations without knowing the reasons. So that they can become traders who are consistent in making profits, analysis is needed before buying crypto. Yes that's right. In the world of traders, no one is successful instantly, everyone needs a process, patience and continuous learning.
In general, they underestimate trading and feel like just knowing the basics is enough which the truth is that it is not. These traders are not totally ready for this and once face the market crisis, they change their mindset and quit. It often happens to first-timers and less experienced traders, their weak hands and emotional control trigger and decide to stop. But this is not new in trading and we already know that not all are able to understand the situation especially when we've been influenced by these social media influencers. It all turns bad and difficult if we continue with a lack of preparation.
I don't just believe what you are saying, because if trading is as easy as you think, too many traders would have been making their millions from it now. Is that the reality? Of course, not. Trading is not easy, and no matter how most people try it, they will always lose and continue to waste their money if they repeat the process. Many would learn from now till a decade and still will not make a success from trading. Are you now telling me that all of them didn't make the right efforts? That's not so. Owning to this, it is not fair to say that they fail because they believe they can make money through gambling. I have a lot of people who had tried trading for over 5 years but later quit after many learning and applications in trading.

Failure in trading depends on many factors, and laziness or easy belief are just a few of those factors, we shouldn't always capitalise on them. Trading is so risky, it needs all of you, and if you can't give it, then you will fail. Needless to say, if you give trading all of you does not still mean you will be successful through it. Many traders who gained this month may fail next month, but if they have all it takes to be stable with their management, they may be able to overcome it. However many will not be able to achieve this due to their natural psychology, and no matter how much they train themselves on this, they will still fail. I've lived in the trading environment for too long years to know this, and I've tutored enough people also, so it's not always their fault to fail even after they tried all they could.

Are you a successful trader since you believe only lazy people can fail in trading?


Title: Re: Why do many people fail in trade?
Post by: Julien_Olynpic on February 19, 2024, 02:41:35 AM
First of all, people simply do not have a specific strategy. Or the strategy is there, but the trader changes it too often. As one great chess player said, frequent changes in strategy are equivalent to no strategy at all. He also added that with the same strategy, tactics can often be changed. I often communicate with people without trading experience. One day I met with my cousin who wanted to know some secrets of trading and what he was doing wrong. When I asked if he had a strategy, he gave a negative answer. I would also understand if he tested different strategies and none of these strategies suited him. But he simply had no strategies. This is the same as if we opened positions at random, randomly.


Title: Re: Why do many people fail in trade?
Post by: pusaka on February 19, 2024, 07:15:33 AM
First of all, people simply do not have a specific strategy. Or the strategy is there, but the trader changes it too often. As one great chess player said, frequent changes in strategy are equivalent to no strategy at all. He also added that with the same strategy, tactics can often be changed. I often communicate with people without trading experience. One day I met with my cousin who wanted to know some secrets of trading and what he was doing wrong. When I asked if he had a strategy, he gave a negative answer. I would also understand if he tested different strategies and none of these strategies suited him. But he simply had no strategies. This is the same as if we opened positions at random, randomly.
Strategy is one of the things that a trader must have, it could be one they develop themselves or copy someone else's strategy for them to apply in the trades they make, with some modifications. But indeed we cannot have many strategies because it will eventually make us confused and it is possible that in some of the strategies there will be something that makes the decision will be different, obviously it will be confusing. Whereas when we develop one strategy we will be able to make our strategy even better, every trade we make there will be something we can improve from what was wrong that made us lose. But it is not that easy to develop or follow a strategy, it will take a long time to make us really understand.


Title: Re: Why do many people fail in trade?
Post by: Uhwuchukwu53 on February 19, 2024, 07:39:50 AM
The most critical area of any market is trading, it requires allot of knowledge, good analytical method, and conquering the power of risk. I love trading but don't dive in because of some factors if not acquiring the required knowledge. One thing I see in many who go into trading with poor knowledge is failure and losses, orientation to trading is one of the most key one must put in place.poor orientation if quick rich why trading always trigger failure, I can't say that trading can't make rich but it depends on the level of knowledge, skills and tactical measure applied by trader through diversity of experiences gather in the past and present, no newbie with poor knowledge can succeed with acquiring experience.


Title: Re: Why do many people fail in trade?
Post by: $weetne$$ on February 19, 2024, 10:26:39 AM
It is normal to fail in trading we know how the market of crypto is so volatile which is there's price manipulation or also could be news related to the particular coins release, or any big events comes up to the active traders, after this mistake you can set another position but its not the same as it is because its another trade not all the time you've been trading are still ideal to trade, people most likely deceive with their perspective and emotions instead cutting it off and make a reset trade. Control your emotions stick to the plan most of the key to success in trading.

There's manipulation in the market, but if you're very careful you won't be always affected when the manipulation happens and the price of the cryptocurrency that we're trading begins to fall. You can use stop loss to prevent big losses but many traders don't trade with stop loss and this cause them to fail by losing when the market gets manipulated. Manipulation is a part of the cryptocurrency market and as smart traders, we have to be prepared for it when it happens. Also take profits when you see profits from your trade, don't wait for big profits before you take profits as manipulation can happen and the price of the cryptocurrency that you're trading starts to fall. If you're a trader, you have to know that you'll fail at some point therefore when it happens you should pick yourself up and continue trading.


Title: Re: Why do many people fail in trade?
Post by: Inwestour on February 19, 2024, 01:02:19 PM

Learning and improving skills and knowledge is the main thing to become a successful trader. I'm not sure what I want to add for consideration for other traders who are on the verge of giving up, but the two things I mentioned above are the most influential.

In my oppinion, not all traders will be successful, some of them will also fail. In all types of work, this is a consequence and not all of us will succeed together. The strategy may be the same, but the results will definitely be different. I don't care what other people experience as long as they don't ask about it, it's their problem and we're not responsible for fixing it.
With work, everything is not so critical, you will receive a salary in any case, maybe not everyone will move up the career ladder, but everyone will make a profit. But in trading everything is different, the success of a trader will depend only on the trader and there is no guarantee that he will make a profit, there may even be losses, so this is a completely different type of activity. But in trading you can achieve significantly greater profits than can be achieved at work, and if a trader is so good that he has a constant profit, then he will never change trading for work.


Title: Re: Why do many people fail in trade?
Post by: Miles2006 on February 19, 2024, 03:54:24 PM
the number of people who fail in trading is the pattern of the person's way of thinking, thinking that by trading they can easily get money when they suffer they no longer want to trade, this impatience makes them fail, in trading requires patience if you can't do it, it's best not to do it.
in trading you will also suffer losses, let's just say that the payment for learning is much more reassuring
So true. It all depends on your mindset. Failure in trading is a matter of mindset and knowledge, a trader must feel complicated in trading even though he has been trading for years but still has to continue learning because learning is the basis of trading. because trading requires experience and strong psychology.

Trading requires technical analysis. Many traders fail, especially beginners, just following recommendations without knowing the reasons. So that they can become traders who are consistent in making profits, analysis is needed before buying crypto. Yes that's right. In the world of traders, no one is successful instantly, everyone needs a process, patience and continuous learning.
In general, they underestimate trading and feel like just knowing the basics is enough which the truth is that it is not. These traders are not totally ready for this and once face the market crisis, they change their mindset and quit. It often happens to first-timers and less experienced traders, their weak hands and emotional control trigger and decide to stop. But this is not new in trading and we already know that not all are able to understand the situation especially when we've been influenced by these social media influencers. It all turns bad and difficult if we continue with a lack of preparation.
In aspect of quitting it's best to quit than experiencing great loss cause anyone who is not willing to learn during the early stage will not develop any interest to learn as time goes on.
What's the point skipping the learning process and having the mindset of earning profit, very funny and it doesn't work that way neither should any newbie think of such, even with the learning process earning takes time that's why it's advisable every trader must control their emotions in all aspect including loss due to the price. If newbies have this mindset of trade and getting rich quick it'll be dramatic and they might end up quitting so quick.


Title: Re: Why do many people fail in trade?
Post by: moneystery on February 19, 2024, 04:08:04 PM
most people who trade for the first time think that they can double their money using their messy analysis and very little knowledge. so that when they enter the market using real money, they immediately lose, because their expectations do not match the reality of a market that is so dynamic. and once they have a bitter experience in the market, they will think that trading is like gambling and it will just be a waste of their time.

that's why before trading it is important to build knowledge and understand first how the world of trading works, so you can minimize the possibility of failure and just wasting money in the market.


Title: Re: Why do many people fail in trade?
Post by: R100K-Martin-Lunger on February 19, 2024, 04:14:42 PM
I see a lot of traders who fail in this field, because they do not have patience and consistency in learning, that they are successful traders who study for more than a year or even two years so that they can have the ability to analyze the market and can have their own methods in making profits from trading.
Many who have just learned one month to one semester they give up and no longer want to trade, please note that naturally fruitful trees are trees that grow with a long period of time so that they can bear heavy fruit and can provide benefits for both the owner or others.

Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.

Focus, be consistent, learn from your mistakes and think that building an empire takes time.

What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.


I would approach trading as a long-term skill development process, where setbacks are growth opportunities. One thing to remember is that every successful trader once faced challenges but persisted through continuous learning and strategic adjustments. However, it's a fact that trading is difficult. If you want to invest but don't have that much time to learn, there are options, such as investment funds. These funds allow you to leverage the expertise of seasoned traders while mitigating risks. However, I would exercise caution though and conduct thorough research to avoid scams. Make sure you invest in reputable funds that align with your risk tolerance and financial goals.

If you would like to discuss this further, you can contact me via my Discord: https://discord.gg/dCvaBZWNcG


Title: Re: Why do many people fail in trade?
Post by: Lukmanfirdaus1 on February 19, 2024, 04:31:53 PM
In my opinion, most people who trade lose because of the wrong mindset, they think they can make a lot of money overnight just by trading, so they do it blindly without proper risk management, in the end they suffer big losses. Apart from this, human nature is greedy, so they want to take as much as possible, what they don't know is that the market is very volatile, so when the market goes up instead of taking profits, they take screenshots lol.


Title: Re: Why do many people fail in trade?
Post by: Casdinyard on February 19, 2024, 04:43:26 PM
Because people are so blinded by the promise of earning huge amounts of money in the quickest time possible which makes them think that trading is an easy process when in reality, the amount of time it'd take for you to really become an effective a trader as anyone's at least 2-4 years by my estimate, and that not only includes actually applying practical knowledge but also learning every single little thing, past, present and the future about the trading landscape of the venture of your choice.

Most traders especially those who haven't been oriented to the trading industry would jump a couple of steps thinking it's all good and wouldn't do them any harm when in fact it could very well cause them all their bankroll. People so eager to earn money but so lazy to learn the methodical and surefire way to get there. And of course, we get the defeatists who would quit at the first sight of loss and would immediately blame bitcoin/the trading venture they invested time and money with, it's been like that for these early folks and it's not gonna change anytime soon. At least in my opinion. As time goes by however, these people wrongfully critical of trading will eventually learn the ropes and would become effective traders. Supposing the losses they incurred in the past as "charge to experience". provided that they keep with it. So while it sucks there's some silver lining to it at the end of the day.


Title: Re: Why do many people fail in trade?
Post by: Xxmodded on February 19, 2024, 05:15:40 PM
I think some trader fail in trading trough several aspect, some of them lack knowledge with cryptocurrency and don't know well when is the best time for selling and buying. But there are have many trader with well knowledge with cryptocurrency but most of them greedy when their portfolio investment assets have been increased up but keep hold it without take profit before going to lower price.
Emotional controlling is the most important aspect why many trader fail in trading, they can't controlling well with their emotion without prefer analyze before selling some coins.

If you want trade in cryptocurrency watch out with your emotional and have more patience controlling, you can't success in trading if emotional on the first way although you are an expert in cryptocurrency.


Title: Re: Why do many people fail in trade?
Post by: boty on February 19, 2024, 07:35:32 PM
In my opinion, most people who trade lose because of the wrong mindset, they think they can make a lot of money overnight just by trading, so they do it blindly without proper risk management, in the end they suffer big losses. Apart from this, human nature is greedy, so they want to take as much as possible, what they don't know is that the market is very volatile, so when the market goes up instead of taking profits, they take screenshots lol.
Without risk management, of course we will trade only based on our desires and also we don't know for sure whether what we did was right or not and after we did it and failed, we realized that what we did was wrong and we regret it.
Greed in trading is certainly a very bad thing because it is very unlikely that we will be able to gain profits from trading and experience losses and it is very important to be able to control ourselves when trading so as not to become greedy and miss out on the profits we have made.


Title: Re: Why do many people fail in trade?
Post by: Cyber_warrior on February 19, 2024, 08:40:36 PM
People fail in trading because they are not capable to win. Not only because they don’t have what it takes to make a profitable trade, but they are also not well prepared enough to trade due to lack of knowledge and skills, and most probably they lack the trading experiences that will make them master their trading. However, some people fail in trading despite of their trading knowledge and experiences, but since they find it hard to control their emotions, and would always based their decision from their emotions, then this kind of people will never win from their trades.
Many people struggle with emotional regulation. Many traders are killed by greed, which is why they keep losing money in trading even with their knowledge and experience. Technical analysis and basic trading knowledge are vital to know as long as trading is an issue, even though they are what cause many traders to lose. To be successful in the market while trading, traders must be knowledgeable about every facet of trading.

most people who trade for the first time think that they can double their money using their messy analysis and very little knowledge. so that when they enter the market using real money, they immediately lose, because their expectations do not match the reality of a market that is so dynamic. and once they have a bitter experience in the market, they will think that trading is like gambling and it will just be a waste of their time.

that's why before trading it is important to build knowledge and understand first how the world of trading works, so you can minimize the possibility of failure and just wasting money in the market.
These are the people that view trading as a quick method to become wealthy; they never take the time to learn the ins and outs of the market, which means that they are always losing money when they trade.


Title: Re: Why do many people fail in trade?
Post by: Smartvirus on February 19, 2024, 11:52:02 PM
The mindset one comes into a thing matter so much. It might be the very thing that would make you or reduce you. You might have a mindset of profit making and that’s the absolute idea you should have about it but, how you go about trying to bring this to a physical manifestation in your trades matters.

Some might just go about their trades without proper orientation and no prior knowledge on how the market works, what indicators to use predict the market, how to make analysis and when not to be in a trade. The drive that every minute spent outside the market is you loosing money pushes you in and then, your met with unavoidable loss which then ruins your confidence about any profitable trading.


Title: Re: Why do many people fail in trade?
Post by: justdimin on February 20, 2024, 06:18:42 AM
In general, they underestimate trading and feel like just knowing the basics is enough which the truth is that it is not. These traders are not totally ready for this and once face the market crisis, they change their mindset and quit. It often happens to first-timers and less experienced traders, their weak hands and emotional control trigger and decide to stop. But this is not new in trading and we already know that not all are able to understand the situation especially when we've been influenced by these social media influencers. It all turns bad and difficult if we continue with a lack of preparation.
It's not only the influencers, people often join social media groups for traders and a lot of traders post their profit screenshots there to show off how much money and profit they are making from trading but those watching those screenshots don't understand that the same people are also incurring losses but they would never show their losses as well, and it is not as easy as they are showing and when one gets into it without much knowledge, it becomes even more difficult.

However, newbies start daydreaming after they see such things on social media platforms and they jump into the market without gaining any knowledge or trying to understand how things exactly work, all they do is watch a few tutorials about how one can trade and start taking positions only to find out soon that they have lost all their money.


Title: Re: Why do many people fail in trade?
Post by: Monarch B on February 20, 2024, 03:14:21 PM
The main reason for failure in trading is lack of patience. Because investing in anything you need to be patient. Turns out the market went bearish after you invested. And your investment becomes half of real wealth. Then the market is not going to grow easily. Then you have to be very patient for the next bull market to come.


As you say, my situation is exactly the same.

When I have a profit on the trade, I feel like there will be more profit. But after a while the profit amount comes down. Again, when there is loss, it seems to come out and come out and when it comes out, the market goes up.


Title: Re: Why do many people fail in trade?
Post by: RockBell on February 20, 2024, 08:24:00 PM
It is normal to fail in trading we know how the market of crypto is so volatile which is there's price manipulation or also could be news related to the particular coins release, or any big events comes up to the active traders, after this mistake you can set another position but its not the same as it is because its another trade not all the time you've been trading are still ideal to trade, people most likely deceive with their perspective and emotions instead cutting it off and make a reset trade. Control your emotions stick to the plan most of the key to success in trading.

people don't see it as normal especially people who just started trading, but it is normal to fail while engaging in trading, and the nature of the Bitcoin market discourages a lot of people when it comes to trading, and their are a lot of manipulation going in the market, and it is left for the trader to also be able to make use of it. and that is how you make money from trading when any event comes you take advantage of that is for active your, if it is about emotion just have to look for a way to control your emotions and sometimes control does not work, so you have to take other step if you can not control emotion.

There's manipulation in the market, but if you're very careful you won't be always affected when the manipulation happens and the price of the cryptocurrency that we're trading begins to fall. You can use stop loss to prevent big losses but many traders don't trade with stop loss and this cause them to fail by losing when the market gets manipulated. Manipulation is a part of the cryptocurrency market and as smart traders, we have to be prepared for it when it happens. Also take profits when you see profits from your trade, don't wait for big profits before you take profits as manipulation can happen and the price of the cryptocurrency that you're trading starts to fall. If you're a trader, you have to know that you'll fail at some point therefore when it happens you should pick yourself up and continue trading.

Too much manipulation, yeah with your knowledge you won't encounter many problems while trading and trading fails for a lot of people because some of their minds are not even there they don't concentrate and using stop loss and other means can reduce the risk of losing your money. and as the manipulation is going on you can also look for your way to make money from the manipulations, and you don't learn  to use you own strategy you wont make any money from it. and there is no way you can escape losing money is better everybody accept it that way.


Title: Re: Why do many people fail in trade?
Post by: Dr.Osh on February 20, 2024, 09:42:32 PM
The mindset one comes into a thing matter so much. It might be the very thing that would make you or reduce you. You might have a mindset of profit making and that’s the absolute idea you should have about it but, how you go about trying to bring this to a physical manifestation in your trades matters.

Some might just go about their trades without proper orientation and no prior knowledge on how the market works, what indicators to use predict the market, how to make analysis and when not to be in a trade. The drive that every minute spent outside the market is you loosing money pushes you in and then, your met with unavoidable loss which then ruins your confidence about any profitable trading.
The thing that many novice traders or people who trade forget is that there are many conditions and understandings that need to be thought about before trading. Many people feel that it is just buying and selling. However, when they feel that it is not just buying and selling, they quit trading because it is difficult.
It is true, that trading is only based on buying and selling, or vice versa. However, they sometimes forget analytical patience, and in-depth research is also very important. As a result, they choose a random time to enter, without doing any analysis, they choose the token or coin they want. then wait, just a few days or weeks. After that sell their assets, and exit trading. I've seen quite a lot of people like that


Title: Re: Why do many people fail in trade?
Post by: GeorgeJohn on February 20, 2024, 10:31:27 PM
I'm responding to you base on your caution or subject, because its obvious that trading have to do with techniques and its a skill you have to learn very well and know the rudiments of it, because sometimes what contribute immensely to failure of a trader is inability to understand the advantages and disadvantages of trading, when you have comprehend the advantages of trading and master it very nothing that will make you to lose or fail in trading like a someone who is a novice in trading, in summary what trading needs is a continuous practice and consciousness so that you can be able to know when you are approaching to error during trading, when you fail in trading or experience loss, that will motivate you most to know your wrongs and next time you will more precautions and you will not like to experience such again...the more you lose in trading the more you are understanding what causes the loophole of trading.


Title: Re: Why do many people fail in trade?
Post by: AnonBitCoiner on February 21, 2024, 04:16:28 AM
With work, everything is not so critical, you will receive a salary in any case, maybe not everyone will move up the career ladder, but everyone will make a profit. But in trading everything is different, the success of a trader will depend only on the trader and there is no guarantee that he will make a profit, there may even be losses, so this is a completely different type of activity. But in trading you can achieve significantly greater profits than can be achieved at work, and if a trader is so good that he has a constant profit, then he will never change trading for work.

In case of doing any work you will get salary until you work well but in case of trading your profits does not depends on your work but it depends on your winning and lossing abilities. If you win frequently you will earn more but if you are unable to win then you will not earn any amount but will loss your own money too.

People who are a part of trading learn after few years but for learning such thing they also loss large sum of their money so I think if you are able to bear your defeat and still working for your better future then eventually you will get success to Complete your dreams.

A trader become successful constantly if he is well educated about trading, has the ability to learn, use accurate strategies, learn from their mistakes instead of worrying about it and continue his honey without listing the negative thoughts of others.


Title: Re: Why do many people fail in trade?
Post by: Strongkored on February 21, 2024, 06:09:46 AM
Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.

In trading, it is not a matter of not giving up, but when over a long period of time and the result is more losses, of course you have to evaluate whether this trading should be continued or stopped because it turns out it is not suitable, although this could be due to minimal knowledge or being too controlled by emotions when watching the news and so on so that decisions are taken not based on analysis but emotion.

What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.
Continuing to improve your trading skills is very important, but you still have to carry out evaluations and if you have been trading for a long time but have lost a lot, it is better to switch to becoming an investor because trading may not be suitable for you.


Title: Re: Why do many people fail in trade?
Post by: retreat on February 21, 2024, 07:04:46 AM
The thing that many novice traders or people who trade forget is that there are many conditions and understandings that need to be thought about before trading. Many people feel that it is just buying and selling. However, when they feel that it is not just buying and selling, they quit trading because it is difficult.
It is true, that trading is only based on buying and selling, or vice versa. However, they sometimes forget analytical patience, and in-depth research is also very important. As a result, they choose a random time to enter, without doing any analysis, they choose the token or coin they want. then wait, just a few days or weeks. After that sell their assets, and exit trading. I've seen quite a lot of people like that

Yup, trading is not as easy as the theory you learn. Even when a trader has mastered several techniques and learned to trade on a demo account for some time, they still stutter and get nervous when faced with the real market using real money. This proves that trading is not only about analysis, but also psychological factors and self-confidence also influence this. So when a trader is lacking in some of these things, it is certain that they will only waste money in the trading market.


Title: Re: Why do many people fail in trade?
Post by: Mahanton on February 21, 2024, 11:07:39 AM
The thing that many novice traders or people who trade forget is that there are many conditions and understandings that need to be thought about before trading. Many people feel that it is just buying and selling. However, when they feel that it is not just buying and selling, they quit trading because it is difficult.
It is true, that trading is only based on buying and selling, or vice versa. However, they sometimes forget analytical patience, and in-depth research is also very important. As a result, they choose a random time to enter, without doing any analysis, they choose the token or coin they want. then wait, just a few days or weeks. After that sell their assets, and exit trading. I've seen quite a lot of people like that

Yup, trading is not as easy as the theory you learn. Even when a trader has mastered several techniques and learned to trade on a demo account for some time, they still stutter and get nervous when faced with the real market using real money. This proves that trading is not only about analysis, but also psychological factors and self-confidence also influence this. So when a trader is lacking in some of these things, it is certain that they will only waste money in the trading market.
Trading isnt simple and before you could really be able to have a good grasps into it then you would really be still need to pass tons of failures and errors before you could be able to learn.
This market is broad and when it comes to learning then it would be a never ending. This is a journey that the longer you've been able to deal with the more learning that you could really be able to gain up.
There's no problem with failure, the only problem on here is on the time that you would really be just that easily quit up and dont give up your best just because of some few failures.

To those who had been that trading as of now are to those people who had believed that they could be able to overcome up such challenges.Yes, its not easy but its not something that impossible.
The wrong thing with most people is that on the time that they would be facing up some hardships is that they do easily give up and move into another thing which is more simpler
on which they dont really be able to realize that it is really that worth once you do able to get a good hold of it.


Title: Re: Why do many people fail in trade?
Post by: bettercrypto on February 21, 2024, 12:09:24 PM
The thing that many novice traders or people who trade forget is that there are many conditions and understandings that need to be thought about before trading. Many people feel that it is just buying and selling. However, when they feel that it is not just buying and selling, they quit trading because it is difficult.
It is true, that trading is only based on buying and selling, or vice versa. However, they sometimes forget analytical patience, and in-depth research is also very important. As a result, they choose a random time to enter, without doing any analysis, they choose the token or coin they want. then wait, just a few days or weeks. After that sell their assets, and exit trading. I've seen quite a lot of people like that

Yup, trading is not as easy as the theory you learn. Even when a trader has mastered several techniques and learned to trade on a demo account for some time, they still stutter and get nervous when faced with the real market using real money. This proves that trading is not only about analysis, but also psychological factors and self-confidence also influence this. So when a trader is lacking in some of these things, it is certain that they will only waste money in the trading market.
Trading isnt simple and before you could really be able to have a good grasps into it then you would really be still need to pass tons of failures and errors before you could be able to learn.
This market is broad and when it comes to learning then it would be a never ending. This is a journey that the longer you've been able to deal with the more learning that you could really be able to gain up.
There's no problem with failure, the only problem on here is on the time that you would really be just that easily quit up and dont give up your best just because of some few failures.

To those who had been that trading as of now are to those people who had believed that they could be able to overcome up such challenges.Yes, its not easy but its not something that impossible.
The wrong thing with most people is that on the time that they would be facing up some hardships is that they do easily give up and move into another thing which is more simpler
on which they dont really be able to realize that it is really that worth once you do able to get a good hold of it.

There are others because they think that you just need to know how to buy and sell, and that's it. Then they just guess what the price of the coin they bought will be, which is not how trading in the cryptocurrency industry is. They did not immediately think that there was a lot to consider to understand how to read a chart or graph on an exchange platform, whether it was CEX or DEX.

If that's the case, those who know how to read often still make mistakes and miss their predictions, especially for those who don't know and haven't tried to do it in this field of cryptocurrency that we're living in.


Title: Re: Why do many people fail in trade?
Post by: littlEOwl on February 23, 2024, 11:05:11 AM
Absolutely, mindset is key in trading. Jumping in without understanding the market or having a plan is like sailing without a map – risky and likely to end in loss. It's not just about being in the market all the time; it's about smart timing and informed decisions. Think of time outside the market as a chance to learn and strategize, not just lost profit. Patience and education are your best tools, not just the rush to make quick money. It's all about trading wisely, not just frequently.


Title: Re: Why do many people fail in trade?
Post by: Zigabel on February 23, 2024, 02:10:15 PM
The main reason for failure in trading is lack of patience. Because investing in anything you need to be patient. Turns out the market went bearish after you invested. And your investment becomes half of real wealth. Then the market is not going to grow easily. Then you have to be very patient for the next bull market to come.
The concept of patience in trading is something most persons seem not to have really come in terms with and so they most likely fail most times trying to get on the trend trying to make sure the make profit off every opportunity the market presents forgetting that not every opportunity the market presents that's really going to be profitable especially if it's not in line with all your entry parameters, it's better not to take a trade at all than to take a bad trade, if you are patient, the market will always present you with a better opportunity to winning trades that can be much more profitable than you would have gotten with taking just any trades.

Waiting for the market to come to you and then applying proper risk management with a good lot size will get you to your breakthrough in the market much faster and easier than just jumping on every opportunity you see the market presenting.


Title: Re: Why do many people fail in trade?
Post by: Finestream on February 23, 2024, 04:03:36 PM
I think some trader fail in trading trough several aspect, some of them lack knowledge with cryptocurrency and don't know well when is the best time for selling and buying. But there are have many trader with well knowledge with cryptocurrency but most of them greedy when their portfolio investment assets have been increased up but keep hold it without take profit before going to lower price.
Emotional controlling is the most important aspect why many trader fail in trading, they can't controlling well with their emotion without prefer analyze before selling some coins.

If you want trade in cryptocurrency watch out with your emotional and have more patience controlling, you can't success in trading if emotional on the first way although you are an expert in cryptocurrency.
One who loses his self-control over his trades is not an expert trader. He can be good at times, but most of the time he ends up a bad trader and lose from his position. However, trading may have its own inevitable losses but if you are a trader with good emotional control, you can prevent the situation from making consistent losses but will manage to maximize his gains instead.

While trading can be highly risky, but there are still few successful people who managed to consistently win from their trades. They may not be well knowledgeable and well-experienced in trading, but they are highly patient and are able to wait for best time to trade without letting their greed control them.


Title: Re: Why do many people fail in trade?
Post by: stomachgrowls on February 23, 2024, 04:35:33 PM
I think some trader fail in trading trough several aspect, some of them lack knowledge with cryptocurrency and don't know well when is the best time for selling and buying. But there are have many trader with well knowledge with cryptocurrency but most of them greedy when their portfolio investment assets have been increased up but keep hold it without take profit before going to lower price.
Emotional controlling is the most important aspect why many trader fail in trading, they can't controlling well with their emotion without prefer analyze before selling some coins.

If you want trade in cryptocurrency watch out with your emotional and have more patience controlling, you can't success in trading if emotional on the first way although you are an expert in cryptocurrency.
One who loses his self-control over his trades is not an expert trader. He can be good at times, but most of the time he ends up a bad trader and lose from his position. However, trading may have its own inevitable losses but if you are a trader with good emotional control, you can prevent the situation from making consistent losses but will manage to maximize his gains instead.

While trading can be highly risky, but there are still few successful people who managed to consistently win from their trades. They may not be well knowledgeable and well-experienced in trading, but they are highly patient and are able to wait for best time to trade without letting their greed control them.
Self control is really indeed crucial plus having that kind of versatility and awareness on the things which is happening around because if you wont really be having that kind of quality then you would really be continuing on making mistakes all over again and again or simply you wont really be able to see any sense of progress when it comes to your trading career or path. Sooner or later you would really be able to realize on how important these aspects are because once you do have that control then you would be making out those adjustments, on the time that you do make out adjustments then your mind is cleared up and you do have already the idea on what you should gonna do.

Although this might sounds basic but doing such stuff on the process is already that a very huge challenge for trader. You would really be needing that mind control plus
having that emotional control as well if you do really like to find yourself to have that kind of progress that you are seeking. You cant really just that make yourself
that too confident on things just because you have done a few successful trades.


Title: Re: Why do many people fail in trade?
Post by: gabbie2010 on February 23, 2024, 04:53:14 PM
The main reason for failure in trading is lack of patience. Because investing in anything you need to be patient. Turns out the market went bearish after you invested. And your investment becomes half of real wealth. Then the market is not going to grow easily. Then you have to be very patient for the next bull market to come.
Of course when a trader didn't wait for the price to reach their trading set-up due to impatience would often resulted to loses with reference to day or swing trader, some traders incurred losses due to early entry or late entry all due to not being patient, meanwhile in the case investing in crypto an investor after investing would have to wait till the bull season unfortunately there are plenty newbies with a mindset of earning huge profit quickly after investment whereas were disappointed when the price of their invested coin dumped thus sell off of their remaining portfolio forgetting that investment in crypto requires patience.


Title: Re: Why do many people fail in trade?
Post by: deathcode on February 23, 2024, 05:03:51 PM
The main reason for failure in trading is lack of patience. Because investing in anything you need to be patient. Turns out the market went bearish after you invested. And your investment becomes half of real wealth. Then the market is not going to grow easily. Then you have to be very patient for the next bull market to come.
Of course when a trader didn't wait for the price to reach their trading set-up due to impatience would often resulted to loses with reference to day or swing trader, some traders incurred losses due to early entry or late entry all due to not being patient, meanwhile in the case investing in crypto an investor after investing would have to wait till the bull season unfortunately there are plenty newbies with a mindset of earning huge profit quickly after investment whereas were disappointed when the price of their invested coin dumped thus sell off of their remaining portfolio forgetting that investment in crypto requires patience.

it happens when beginners in trading don't know how to trade properly. what they understand is to trade by buying cheap and selling when the price rises. they don't understand how to act when the situation doesn't go according to plan.
More traders feel they are already very good at trading when they manage to make a profit in their first few trades. but actually, they don't know the market situation well.


Title: Re: Why do many people fail in trade?
Post by: Bushdark on February 23, 2024, 05:24:24 PM
The main reason for failure in trading is lack of patience. Because investing in anything you need to be patient. Turns out the market went bearish after you invested. And your investment becomes half of real wealth. Then the market is not going to grow easily. Then you have to be very patient for the next bull market to come.
The concept of patience in trading is something most persons seem not to have really come in terms with and so they most likely fail most times trying to get on the trend trying to make sure the make profit off every opportunity the market presents forgetting that not every opportunity the market presents that's really going to be profitable especially if it's not in line with all your entry parameters, it's better not to take a trade at all than to take a bad trade, if you are patient, the market will always present you with a better opportunity to winning trades that can be much more profitable than you would have gotten with taking just any trades.

Waiting for the market to come to you and then applying proper risk management with a good lot size will get you to your breakthrough in the market much faster and easier than just jumping on every opportunity you see the market presenting.
Greed and patience has been one of the reasons why we keep seeing people failing for nothing. We need to have the patience in us to wait for the market to click to our strategy before we go fully into trading but because we want to make fast profits in the market, this alone can trigger us to keep trading without understanding the reasons why we decide to go fully into the market.
There are many things that could make us keep losing in the market and having a failed trades.


Title: Re: Why do many people fail in trade?
Post by: stadus on February 23, 2024, 09:59:27 PM
The main reason for failure in trading is lack of patience. Because investing in anything you need to be patient. Turns out the market went bearish after you invested. And your investment becomes half of real wealth. Then the market is not going to grow easily. Then you have to be very patient for the next bull market to come.
Of course when a trader didn't wait for the price to reach their trading set-up due to impatience would often resulted to loses with reference to day or swing trader, some traders incurred losses due to early entry or late entry all due to not being patient, meanwhile in the case investing in crypto an investor after investing would have to wait till the bull season unfortunately there are plenty newbies with a mindset of earning huge profit quickly after investment whereas were disappointed when the price of their invested coin dumped thus sell off of their remaining portfolio forgetting that investment in crypto requires patience.
If a trader is not ready to trade, he will certainly endure consistent losses. Being ready means he’s fully aware that not only knowledge and skills are vital in trading, but one should also learn to be more patient and less greedy. This is not easy to achieved  but if you are determined to trade successfully, you must have to increase your patience and control your greed, these will contribute a lot to the success of your trades. When you are patient enough, consistent learning in the market will also be possible. One loss is not reasonable to quit, but if you keep on losing on majority of your trades even if you have been trading for quite long, think about it, hodling might be more suitable for you.


Title: Re: Why do many people fail in trade?
Post by: Zanab247 on March 25, 2024, 07:41:21 PM
Quote from: Tipstar
Another thing the traders should have is a plan. Many of the traders do trade on emotions and gut feeling rather than having a proper plan to take profits or stop loss.
An example of myself when I first started leveraged trading, I put my bet on a coin and on my first time it hit it's higher point at 4 hours since I bought. I was so happy with that 20% profit that I invested both my principal and profit on the same coin at a larger leverage. I should have thought there ought to be a correction after a price jump but I did everything cause I didn't had a plan.
I guess is impatience that is making some traders not to succeed at the end of their trading because, if you trade when the price is high in the market, it will allow you to display some positive results from the market because that is the best season traders use to achieve profits.

 Many new traders always experience some challenges from their trading because they are not yet mature in the crypto trading and, once they are mature by achieved the knowledge of trading to achieve profits and remain in profits making will be possible for them.


Title: Re: Why do many people fail in trade?
Post by: BABY SHOES on March 25, 2024, 09:57:12 PM
Quote from: Tipstar
Another thing the traders should have is a plan. Many of the traders do trade on emotions and gut feeling rather than having a proper plan to take profits or stop loss.
An example of myself when I first started leveraged trading, I put my bet on a coin and on my first time it hit it's higher point at 4 hours since I bought. I was so happy with that 20% profit that I invested both my principal and profit on the same coin at a larger leverage. I should have thought there ought to be a correction after a price jump but I did everything cause I didn't had a plan.
I guess is impatience that is making some traders not to succeed at the end of their trading because, if you trade when the price is high in the market, it will allow you to display some positive results from the market because that is the best season traders use to achieve profits.

 Many new traders always experience some challenges from their trading because they are not yet mature in the crypto trading and, once they are mature by achieved the knowledge of trading to achieve profits and remain in profits making will be possible for them.
Patience, emotion, greed and undiscipline then it can destroy your trading, human nature will not be separated from it because when for example it has been for with 20% with the leverage you choose then to decide not to take profits by taking over the price will continue to rise, precisely what happens the price becomes a correction that was for it to become a loss because there is no target plan means it is undisciplined and also greedy.

When trading in the right disciplined way I'm sure he will have a profit even if it's just a little but it will already meet the desired target whereas if you want more then your plan can change because the price drops.
There are many factors in trading including skills which are more important, if there is no knowledge in this then it will be difficult to determine the profit.


Title: Re: Why do many people fail in trade?
Post by: Hypnosis00 on March 25, 2024, 10:00:13 PM
Quote from: Tipstar
Another thing the traders should have is a plan. Many of the traders do trade on emotions and gut feeling rather than having a proper plan to take profits or stop loss.
An example of myself when I first started leveraged trading, I put my bet on a coin and on my first time it hit it's higher point at 4 hours since I bought. I was so happy with that 20% profit that I invested both my principal and profit on the same coin at a larger leverage. I should have thought there ought to be a correction after a price jump but I did everything cause I didn't had a plan.
I guess is impatience that is making some traders not to succeed at the end of their trading because, if you trade when the price is high in the market, it will allow you to display some positive results from the market because that is the best season traders use to achieve profits.

 Many new traders always experience some challenges from their trading because they are not yet mature in the crypto trading and, once they are mature by achieved the knowledge of trading to achieve profits and remain in profits making will be possible for them.
In general, the lack of preparation is the main reason why a trader has failed in the wants to succeed in trading. Some people had just jumped into trading because of the influence of social media and even from friends, and I say this is a big mistake knowing that trading won't simply just work without proper preparation.

In fact, there is no easy money in trading far from what other people are thinking. Because if that is too easy, nobody will suffer losses and failure but success. That is why I have no wonder why a lot of people lose their money because, in the first place, they underestimate the volatility of the market. Most of us just start learning trading when have already suffered losses which is not a good practice, and I believe a lot of people are doing this.


Title: Re: Why do many people fail in trade?
Post by: EarnOnVictor on March 26, 2024, 12:11:35 PM
Absolutely, mindset is key in trading. Jumping in without understanding the market or having a plan is like sailing without a map – risky and likely to end in loss. It's not just about being in the market all the time; it's about smart timing and informed decisions. Think of time outside the market as a chance to learn and strategize, not just lost profit. Patience and education are your best tools, not just the rush to make quick money. It's all about trading wisely, not just frequently.
Bro, as simple as your post is, you covered a lot with it and truly if traders can follow your advice, it will be well with them. However, permit me to break the main reasons why traders fail in trading into parts, which are;

1. The lack of knowledge or proper knowledge.
2. Poor/improper training on what the trader knows to achieve a trading system.
3. Lack of proper money and risk management.
4. Lack of coordination of what the trader knows and trains about to form a viable plan with them. And finally,
5. Poor trading psychology.

In my long years of trading experience and teaching/tutoring, I discovered that the main problems of traders dangle between 3, 4 & 5, especially the 5th one. If traders can take care of the three and are disciplined/determined towards them, I am certain that success is closer for such traders.


Title: Re: Why do many people fail in trade?
Post by: OcTradism on March 28, 2024, 02:58:04 AM
However, permit me to break the main reasons why traders fail in trading into parts, which are;

1. The lack of knowledge or proper knowledge.
2. Poor/improper training on what the trader knows to achieve a trading system.
If a trader starts a trading journey without learning, without knowledge, without training, that trader is actually a degen gambler, not a true trader.

Quote
3. Lack of proper money and risk management.
4. Lack of coordination of what the trader knows and trains about to form a viable plan with them. And finally,
5. Poor trading psychology.

In my long years of trading experience and teaching/tutoring, I discovered that the main problems of traders dangle between 3, 4 & 5, especially the 5th one. If traders can take care of the three and are disciplined/determined towards them, I am certain that success is closer for such traders.
They usually have two first bad contributors too.

Some did learn, got knowledge, experienced training but they failed to do proper trading with other three bad contributors, 3 to 5.

Psychology is important in trading and a trader must know about general psychology of market cycles and of the Bitcoin market cycle too. Understanding about it well will increase chance to control his own emotion, psychology during this trading time in the market. It's not guarantee for success but can increase chance to succeed a lot.


Title: Re: Why do many people fail in trade?
Post by: leonair on March 28, 2024, 05:21:01 AM
The main reason for failure in trading is lack of patience. Because investing in anything you need to be patient. Turns out the market went bearish after you invested. And your investment becomes half of real wealth. Then the market is not going to grow easily. Then you have to be very patient for the next bull market to come.
The concept of patience in trading is something most persons seem not to have really come in terms with and so they most likely fail most times trying to get on the trend trying to make sure the make profit off every opportunity the market presents forgetting that not every opportunity the market presents that's really going to be profitable especially if it's not in line with all your entry parameters, it's better not to take a trade at all than to take a bad trade, if you are patient, the market will always present you with a better opportunity to winning trades that can be much more profitable than you would have gotten with taking just any trades.

Waiting for the market to come to you and then applying proper risk management with a good lot size will get you to your breakthrough in the market much faster and easier than just jumping on every opportunity you see the market presenting.
Greed and patience has been one of the reasons why we keep seeing people failing for nothing. We need to have the patience in us to wait for the market to click to our strategy before we go fully into trading but because we want to make fast profits in the market, this alone can trigger us to keep trading without understanding the reasons why we decide to go fully into the market.
There are many things that could make us keep losing in the market and having a failed trades.
One of the reasons for failure in trading is greed. there are many people who see the market getting pumped and jump on any coin without any thought and research and think it will do well very quickly but they lose them due to panic recruiting. Another class of traders who use leverage trading to make quick profits. Again impatience is one of the reasons for failure in trading.  Because you have to understand how long to hold a coin to get a good quality profit from it.  But many of us are unable to analyze and panic about the price of the coin being dumped and sell them at a loss. these are our biggest mistakes


Title: Re: Why do many people fail in trade?
Post by: husencoe on March 28, 2024, 09:50:33 AM
1. The lack of knowledge or proper knowledge.
2. Poor/improper training on what the trader knows to achieve a trading system.
3. Lack of proper money and risk management.
4. Lack of coordination of what the trader knows and trains about to form a viable plan with them. And finally,
5. Poor trading psychology.

I also think the point number 3, 4 and 5 are the big problems that make many traders fail. Usually they do not manage risk well and do not do analysis and make a good plan about how many assets they want to trade, where they will enter, when they will exit and how much profit they will get. If they have made this plan, they just have to follow it because everything has been planned.

Point 5 will happens because there is no plan from the start so they don't know when to take profit. They keep hoping the price will continue to rise until the price has fall and only get a cut in profits.


Title: Re: Why do many people fail in trade?
Post by: Essential10 on March 28, 2024, 11:22:36 AM
There are very few people who can master trading knowledge. No matter how experienced you are in trading, there is always something to learn. The reason people fail to trade is because they lack patience. I have seen some people who jumped into trading after learning various courses, tutorials from different companies online. After investing heavily from the start and losing money, they eventually give up. In trading, you have to gain experience by constantly trading with little investment for a long time from the first stage. Again there are many who learn the trade well in the initial stage and start earning good profits. But lost patience and greedily invested more and lost everything. Of course, if you have maximum patience in such actions, you will win from here.


Title: Re: Why do many people fail in trade?
Post by: boty on March 28, 2024, 11:37:32 AM
One of the reasons for failure in trading is greed. there are many people who see the market getting pumped and jump on any coin without any thought and research and think it will do well very quickly but they lose them due to panic recruiting. Another class of traders who use leverage trading to make quick profits. Again impatience is one of the reasons for failure in trading.  Because you have to understand how long to hold a coin to get a good quality profit from it.  But many of us are unable to analyze and panic about the price of the coin being dumped and sell them at a loss. these are our biggest mistakes
When someone has greed, of course this will be very detrimental to them when they are trading so that many profits have been missed without any profit from the trade they made and also someone's impatience in trading will also make them lose in trading and it would indeed be better when someone trades they can understand well about trading and how to analyze the market correctly so that they can make a profit from the trades they make.


Title: Re: Why do many people fail in trade?
Post by: pusaka on March 28, 2024, 03:29:43 PM
Absolutely, mindset is key in trading. Jumping in without understanding the market or having a plan is like sailing without a map – risky and likely to end in loss. It's not just about being in the market all the time; it's about smart timing and informed decisions. Think of time outside the market as a chance to learn and strategize, not just lost profit. Patience and education are your best tools, not just the rush to make quick money. It's all about trading wisely, not just frequently.
Bro, as simple as your post is, you covered a lot with it and truly if traders can follow your advice, it will be well with them. However, permit me to break the main reasons why traders fail in trading into parts, which are;

1. The lack of knowledge or proper knowledge.
2. Poor/improper training on what the trader knows to achieve a trading system.
3. Lack of proper money and risk management.
4. Lack of coordination of what the trader knows and trains about to form a viable plan with them. And finally,
5. Poor trading psychology.

In my long years of trading experience and teaching/tutoring, I discovered that the main problems of traders dangle between 3, 4 & 5, especially the 5th one. If traders can take care of the three and are disciplined/determined towards them, I am certain that success is closer for such traders.

The points you came up with do happen and they are based on my experience and I am sure there are many people who also have the same experience or at least see mistakes that make their trades end in losses.
If we can implement something that we should do, then it will prevent us from excessive losses. Trading will always have 2 sides, the first is profit and the second is loss. We can't just keep making profits, we will definitely experience losses. However, what is different is that when we can understand the knowledge in trading, we will be better able to avoid the risk of loss.
This very often happens to those who think that trading is a quick way to make money, and they actually feel the opposite.


Title: Re: Why do many people fail in trade?
Post by: bettercrypto on March 28, 2024, 05:30:38 PM
One of the reasons for failure in trading is greed. there are many people who see the market getting pumped and jump on any coin without any thought and research and think it will do well very quickly but they lose them due to panic recruiting. Another class of traders who use leverage trading to make quick profits. Again impatience is one of the reasons for failure in trading.  Because you have to understand how long to hold a coin to get a good quality profit from it.  But many of us are unable to analyze and panic about the price of the coin being dumped and sell them at a loss. these are our biggest mistakes
When someone has greed, of course this will be very detrimental to them when they are trading so that many profits have been missed without any profit from the trade they made and also someone's impatience in trading will also make them lose in trading and it would indeed be better when someone trades they can understand well about trading and how to analyze the market correctly so that they can make a profit from the trades they make.

That's why, as much as possible, let's not let greed enter us while we are trading on an exchange platform, so that the approach we will take in something like this remains normal. And then we must also have a deep understanding of trading as traders.

Let's not engage in trading because we are not sure of what we will do in this matter. We must be sure of what we will do in trading, and our aim is to get profit, not to throw away money.


Title: Re: Why do many people fail in trade?
Post by: capoeira on March 28, 2024, 06:09:51 PM
because it actually is freaking hard. An extreme level of concentration, self-control, and patience is necessary.
most will be better off just holding.


Title: Re: Why do many people fail in trade?
Post by: milewilda on March 28, 2024, 06:22:21 PM
because it actually is freaking hard. An extreme level of concentration, self-control, and patience is necessary.
most will be better off just holding.
Totally hard but doesnt mean that it would be something that will stop people on doing trading because there are ones who are really that loving on taking up some risks that this is why there would really be those people who would really be diving into this venture despite of being that too risky on which we cant really be able to stop them on doing so. Failing? Its part of the process but there are people who doesnt stop despite on experiencing those failures on which they would really still continue since they are really that eager on learning it despite of the hard situation that they are into.

Some would be able to quit and dont look back but there are ones who would really be that continuing no matter what. This isnt something a skill that you could really be able to learnt up with easily.
It takes time and it would really be having that tons of errors and those mistakes that you would really be needing to face on before you would really be able to have a good
grasps into it. yes, its not easy but it doesnt mean that it would be impossible for it to be learnt.


Title: Re: Why do many people fail in trade?
Post by: RockBell on March 28, 2024, 06:34:52 PM
There are very few people who can master trading knowledge. No matter how experienced you are in trading, there is always something to learn. The reason people fail to trade is because they lack patience. I have seen some people who jumped into trading after learning various courses, tutorials from different companies online. After investing heavily from the start and losing money, they eventually give up. In trading, you have to gain experience by constantly trading with little investment for a long time from the first stage. Again there are many who learn the trade well in the initial stage and start earning good profits. But lost patience and greedily invested more and lost everything. Of course, if you have maximum patience in such actions, you will win from here.
Very few people desire to make money trading but are unwilling to make the necessary sacrifices. And nothing good is easy. If somebody fails to learn, there is no future for that merchant. And they are usually not patient enough to wait for harvest. If you are holding, then hold; if you are trading, then trade with a focal point. After learning and learning then the next investing heavily is not a good idea at all. Why not start gradually then when there is improvement and you have learnt then you can decide to add up money and there as much as possible to play it safe because everything here involves risk.

I am confident that if you follow the proper steps, your risk will be reduced. These classes will teach about risk management. The investor simply wanted to experiment, and the outcomes were not positive, therefore we must all exercise extreme caution when trading.


Title: Re: Why do many people fail in trade?
Post by: Xcode7 on March 28, 2024, 06:39:18 PM
One of the reasons for failure in trading is greed. there are many people who see the market getting pumped and jump on any coin without any thought and research and think it will do well very quickly but they lose them due to panic recruiting. Another class of traders who use leverage trading to make quick profits. Again impatience is one of the reasons for failure in trading.  Because you have to understand how long to hold a coin to get a good quality profit from it.  But many of us are unable to analyze and panic about the price of the coin being dumped and sell them at a loss. these are our biggest mistakes
When someone has greed, of course this will be very detrimental to them when they are trading so that many profits have been missed without any profit from the trade they made and also someone's impatience in trading will also make them lose in trading and it would indeed be better when someone trades they can understand well about trading and how to analyze the market correctly so that they can make a profit from the trades they make.

That's why, as much as possible, let's not let greed enter us while we are trading on an exchange platform, so that the approach we will take in something like this remains normal. And then we must also have a deep understanding of trading as traders.

Let's not engage in trading because we are not sure of what we will do in this matter. We must be sure of what we will do in trading, and our aim is to get profit, not to throw away money.
Controlling yourself is the most difficult thing, greed is different from the trading knowledge that we have studied, so even though we have learned a lot about trading knowledge, it will be in vain if we are not able to control ourselves from greed.
I think experience will be a valuable lesson to control yourself from greed.
In trading, greed is a big factor that will influence everything.

Everyone who trades definitely aims to make a profit, but back to that it is not easy to control one's emotions and as far as I know, between my current environment and the percentage of people I see who fail in trading, it is because they fail to control their emotions (greed) and for those who have not failed because of this, the experience of yourself or others is very valuable to instill in yourself so that you don't experience something similar.


Title: Re: Why do many people fail in trade?
Post by: MarjorieZimmermanGinger on March 28, 2024, 09:26:19 PM
Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.

Focus, be consistent, learn from your mistakes and think that building an empire takes time.
The biggest mistake people make is not understanding trading patterns so they carry out these activities only relying on ordinary knowledge. In principle, there are risks that need to be considered and management must also be involved in trading. When someone has management, controlling emotions will be much easier and this must be accompanied by knowledge.

Everyone has made mistakes and what makes us more experienced is learning from these mistakes. It takes time and perseverance to achieve success and don't forget to also have knowledge about it. Every mistake becomes a lesson for us to correct and it will get better when we are serious about learning it.

What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.
Patience, managing finances appropriately, studying risk and management, while technical matters are common as most people say. They can increase their knowledge and skills to become accustomed to dealing with the risk of loss and how to recover these losses in the next trade.


Title: Re: Why do many people fail in trade?
Post by: khiholangkang on March 29, 2024, 07:47:44 AM
Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.

Focus, be consistent, learn from your mistakes and think that building an empire takes time.
The biggest mistake people make is not understanding trading patterns so they carry out these activities only relying on ordinary knowledge. In principle, there are risks that need to be considered and management must also be involved in trading. When someone has management, controlling emotions will be much easier and this must be accompanied by knowledge.

Everyone has made mistakes and what makes us more experienced is learning from these mistakes. It takes time and perseverance to achieve success and don't forget to also have knowledge about it. Every mistake becomes a lesson for us to correct and it will get better when we are serious about learning it.

What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.
Patience, managing finances appropriately, studying risk and management, while technical matters are common as most people say. They can increase their knowledge and skills to become accustomed to dealing with the risk of loss and how to recover these losses in the next trade.
And the most difficult to control is emotional control, this will affect everything that has been planned both in time, finances and others if the mentality becomes bad it will be very difficult to be in the market, it will interfere with the development of traders and their principles when in the market, and to build a strong mentality it is not just one or two times trading, must do hundreds maybe we can't even count them in trading and learning to be calm in the process in order to remain able to control emotions or mentally when dealing with the market.

Thanks for the addition, that's a pretty important point that needs to be added and congratulations on practicing what is written in this thread is not easy to do, the edge with perseverance and consistency can definitely get what we want, successful traders.


Title: Re: Why do many people fail in trade?
Post by: JunaidAzizi on March 29, 2024, 04:32:29 PM
I think the reason is people think trading is very easy and simple.  They thought entering into trading meant a lot of money at a single time and would easily grow. They came to trading with a mindset of the quick rich scheme but when they faced the reality and how much trading is risky and hard they started to fear and be scared.  Other reasons include emotions which also have a great impact on trading. A person who manages to control his anger and greed will succeed in trading.  When a new person comes to trading and earns some money their greedy nature starts rising head and at this stage, they make a mistake cross the limits of their daily trading plan, and face the loss.   


Title: Re: Why do many people fail in trade?
Post by: MarjorieZimmermanGinger on March 29, 2024, 05:03:31 PM
And the most difficult to control is emotional control, this will affect everything that has been planned both in time, finances and others if the mentality becomes bad it will be very difficult to be in the market, it will interfere with the development of traders and their principles when in the market, and to build a strong mentality it is not just one or two times trading, must do hundreds maybe we can't even count them in trading and learning to be calm in the process in order to remain able to control emotions or mentally when dealing with the market.

Thanks for the addition, that's a pretty important point that needs to be added and congratulations on practicing what is written in this thread is not easy to do, the edge with perseverance and consistency can definitely get what we want, successful traders.
That's true because emotions can explode when people make a profit or when they experience a loss. How to control emotions is an important part of trading and although most people think that emotions will form as experience gets better. When our emotions are excessive, it makes it difficult for us to make decisions in trading and we end up taking shortcuts that will end in losses. Controlling emotions is not easy, but knowledge and experience will make someone understand how to control them better.

The concepts of perseverance and consistency apply wherever people establish themselves for work and these two things will lead to the ability to continue despite experiencing initial setbacks before experience. Yes, it's good to complement each other and maybe the more suggestions the more people will have more choices when deciding on something.


Title: Re: Why do many people fail in trade?
Post by: Bushdark on March 29, 2024, 05:15:20 PM
because it actually is freaking hard. An extreme level of concentration, self-control, and patience is necessary.
most will be better off just holding.
It is not just hard, one needs to be smart and gather information before going into trading.
Some persons keep agitating that trading is very difficult while there are people making crazy profits from it.
All we need to do as a trader whether new or old is to be patient and learn every aspects of trading so that we could make good amounts from the crypto market. We don't have to be over relaxed as a trader buy we need to keep up with the energy gathering information before we endeavor to enter the market and trade.
 


Title: Re: Why do many people fail in trade?
Post by: stomachgrowls on March 29, 2024, 09:09:17 PM
One of the reasons for failure in trading is greed. there are many people who see the market getting pumped and jump on any coin without any thought and research and think it will do well very quickly but they lose them due to panic recruiting. Another class of traders who use leverage trading to make quick profits. Again impatience is one of the reasons for failure in trading.  Because you have to understand how long to hold a coin to get a good quality profit from it.  But many of us are unable to analyze and panic about the price of the coin being dumped and sell them at a loss. these are our biggest mistakes
When someone has greed, of course this will be very detrimental to them when they are trading so that many profits have been missed without any profit from the trade they made and also someone's impatience in trading will also make them lose in trading and it would indeed be better when someone trades they can understand well about trading and how to analyze the market correctly so that they can make a profit from the trades they make.

That's why, as much as possible, let's not let greed enter us while we are trading on an exchange platform, so that the approach we will take in something like this remains normal. And then we must also have a deep understanding of trading as traders.

Let's not engage in trading because we are not sure of what we will do in this matter. We must be sure of what we will do in trading, and our aim is to get profit, not to throw away money.
Controlling yourself is the most difficult thing, greed is different from the trading knowledge that we have studied, so even though we have learned a lot about trading knowledge, it will be in vain if we are not able to control ourselves from greed.
I think experience will be a valuable lesson to control yourself from greed.
In trading, greed is a big factor that will influence everything.

Everyone who trades definitely aims to make a profit, but back to that it is not easy to control one's emotions and as far as I know, between my current environment and the percentage of people I see who fail in trading, it is because they fail to control their emotions (greed) and for those who have not failed because of this, the experience of yourself or others is very valuable to instill in yourself so that you don't experience something similar.
Yes, self control when it comes to emotion and control when it comes to mindset on which if these things are somehow you are lacking then most likely or something that guarantee you that you could really be able to make yourself having that be not impulsive on the time that you would really be able to encounter those hardships on which specially this would really be that normal when dealing up with a unpredictable market.
Failures or errors are part of the learning process on which instead you do make yourself that freak out or immediately give up, it would be better that you should really be studying it out.
Failing is not that something that should make you stop but rather you should really that persevere yourself on playing or doing further on because if you cant be able to make yourself that push through
then you wont really be that be able to succeed out.


Title: Re: Why do many people fail in trade?
Post by: armanda90 on March 29, 2024, 09:26:41 PM
That's true because emotions can explode when people make a profit or when they experience a loss. How to control emotions is an important part of trading and although most people think that emotions will form as experience gets better. When our emotions are excessive, it makes it difficult for us to make decisions in trading and we end up taking shortcuts that will end in losses. Controlling emotions is not easy, but knowledge and experience will make someone understand how to control them better.
Loss controlling with emotion bring bad impact for us in trading position, all planning before in trading possibility loss if can't control well with emotion how much limitation price increasing for selling or holding and make decision to stop loss.
The most important key in trading how to control emotion not only with the profitable position but also how to face when price dropping and keep calm for holding without get panic moment for selling.
If some one want to make guide how to be success in trading better put the emotional on the first number, its very important for beginner or an expert in trading can manage or controlling their emotion after getting profitable or losing position.


Title: Re: Why do many people fail in trade?
Post by: nurilham on March 29, 2024, 09:59:15 PM
because it actually is freaking hard. An extreme level of concentration, self-control, and patience is necessary.
most will be better off just holding.
It is not only about patience and self-control, or concentration. But trading is also about good knowledge and experience.
In my own perception, trading isn't for newbies or new people in crypto. It should be for people who have enough knowledge and they already have experiences in crypto for some months at least. If we are beginners, we are better to choose holding (investment).

In many cases, the beginners directly try to trade with lack of knowledge and experience. In this way, the chance to success in trading is surely very low. Even, we can claim that it is a suicide way of wasting money. They think trading is an easy thing, it is because they are motivated by successful traders. They don't know what the real obstacles and risks in trading.




Title: Re: Why do many people fail in trade?
Post by: khiholangkang on March 30, 2024, 04:17:16 PM
And the most difficult to control is emotional control, this will affect everything that has been planned both in time, finances and others if the mentality becomes bad it will be very difficult to be in the market, it will interfere with the development of traders and their principles when in the market, and to build a strong mentality it is not just one or two times trading, must do hundreds maybe we can't even count them in trading and learning to be calm in the process in order to remain able to control emotions or mentally when dealing with the market.

Thanks for the addition, that's a pretty important point that needs to be added and congratulations on practicing what is written in this thread is not easy to do, the edge with perseverance and consistency can definitely get what we want, successful traders.
That's true because emotions can explode when people make a profit or when they experience a loss. How to control emotions is an important part of trading and although most people think that emotions will form as experience gets better. When our emotions are excessive, it makes it difficult for us to make decisions in trading and we end up taking shortcuts that will end in losses. Controlling emotions is not easy, but knowledge and experience will make someone understand how to control them better.

The concepts of perseverance and consistency apply wherever people establish themselves for work and these two things will lead to the ability to continue despite experiencing initial setbacks before experience. Yes, it's good to complement each other and maybe the more suggestions the more people will have more choices when deciding on something.
yes you are right, because indeed controlling emotions is to take time to process for a long time, in other words, all storms must be faced and even in the storms that always appear when we are in the lesson to understand how to beat it and when we can beat it then we will find an experience and knowledge in that difficult process, this can be related to any aspect of business in any field, there is always a key where we will find a similar or new gap like experts in the field of trading.

The study of physiology is very difficult, but with the concept of perseverance will find a way, profit and loss is a common thing in trading but many people are not used to failure that makes them quickly give up on this field so that more people fail than succeed.


Title: Re: Why do many people fail in trade?
Post by: AnonBitCoiner on March 30, 2024, 07:02:10 PM
It is not only about patience and self-control, or concentration. But trading is also about good knowledge and experience.
In my own perception, trading isn't for newbies or new people in crypto. It should be for people who have enough knowledge and they already have experiences in crypto for some months at least. If we are beginners, we are better to choose holding (investment).

In many cases, the beginners directly try to trade with lack of knowledge and experience. In this way, the chance to success in trading is surely very low. Even, we can claim that it is a suicide way of wasting money. They think trading is an easy thing, it is because they are motivated by successful traders. They don't know what the real obstacles and risks in trading.

Exactly newbies will just loss money because trading needs a tough timing and you have a complete command on your trade. Some people believe that if they buy low and sell high then they will get profit but it is not easy as word describes but in reality it needs lots of patience, learning and exposure to the trading in real world.

People just focus on learning but they don't focus on getting experience and directly jump into trading as an aftereffects of which they misspent their money and their each decision is based on nervous pressure.


Title: Re: Why do many people fail in trade?
Post by: gunhell16 on March 30, 2024, 08:48:26 PM
because it actually is freaking hard. An extreme level of concentration, self-control, and patience is necessary.
most will be better off just holding.

Because most of the traders are also stubborn, thinking about the profit they can get, but they don't think that their ideas and knowledge in trading are insufficient and not enough, they wonder why they can't get a profit in trading.

That's why what other community members are saying here in the forum is right: just hold on while learning and studying the trading here in the crypto space because it's not really easy to get right away, to be honest.


Title: Re: Why do many people fail in trade?
Post by: Fatunad on March 30, 2024, 08:59:27 PM
because it actually is freaking hard. An extreme level of concentration, self-control, and patience is necessary.
most will be better off just holding.

Because most of the traders are also stubborn, thinking about the profit they can get, but they don't think that their ideas and knowledge in trading are insufficient and not enough, they wonder why they can't get a profit in trading.

That's why what other community members are saying here in the forum is right: just hold on while learning and studying the trading here in the crypto space because it's not really easy to get right away, to be honest.
They are on a rush on taking up profits without even trying out to realize on how hard it would be and doesnt bothered on thinking on what are the things that they should do specially on creating some analysis before taking any step. Failing is part of trading and this is why it would be just that right that you do need to adjust accordingly. Trading is never been easy in the first place and you would be needing up that tons of time and tons of trials before you could be able to make yourself that more better in trading. You cant just that make yourself that easily engage into trading without having some loses. Failing is part of learning and the thing you do really need is acceptance and if you are someone who doesnt really accept loses and being that impulsive about it then you are really that subject on failing up this career or venture.It is really that always important that you should really be that someone whose really that good when it comes adjustments and versatility because if you do make yourself that easily giving up then you wont really be seeing yourself that progressive into this space.
This is why it would really be that relevant that whenever you do experience hardship then it is really just that right that you do need to cope up with those things that you do needing to adjust. The important thing on here is that you dont rush up yourself on learning or trying to grasps everything in one single night because this would really be taking up tons of years before you could be able to have a good hold of it or something that do
speak about on trying out to survive into this unpredictable space.


Title: Re: Why do many people fail in trade?
Post by: lalabotax on March 30, 2024, 09:58:59 PM
Exactly newbies will just loss money because trading needs a tough timing and you have a complete command on your trade. Some people believe that if they buy low and sell high then they will get profit but it is not easy as word describes but in reality it needs lots of patience, learning and exposure to the trading in real world.

People just focus on learning but they don't focus on getting experience and directly jump into trading as an aftereffects of which they misspent their money and their each decision is based on nervous pressure.
Yes, most newbies think it is easy to trade because they only need to buy at the dip and sell at the peak. However, it is not an easy thing when we do the real trading. Sometimes the trend of crypto market can change in a short time. It can be bad news or there are too many supply in the market. This is something not easy to describe, we must understand this through the experience. If we are newbies, we don't have enough experience. So the solution is to learn other people experience. How to learn it? We can read from the articles or watch the videos. There are already many articles and videos that discuss about it.

To gain experience, it is not a must through the things we do ourselves. We can learn it through the experience of other people that they wrote on the articles or they described it through YouTube videos. This is a smart way that we can do now because we have a lot of references. So, there is no reason to have lack of knowledge or experience.



Title: Re: Why do many people fail in trade?
Post by: Sophokles on March 30, 2024, 10:16:27 PM
In most cases, people don't learn from their mistakes, which is one of the major reasons for their failure. Also, greed is something that can heavily damage a traders ability to take the right action. Not only that, over expectation and baseless predictions is also reasons people fail in trading and quit the industry. This are some common facts, and this is normal too in my opinion as if most of the overcome all these problem then no one will be able to make profits from trading any more.


Title: Re: Why do many people fail in trade?
Post by: Stable090 on March 30, 2024, 11:06:52 PM
I think the reason is people think trading is very easy and simple.  They thought entering into trading meant a lot of money at a single time and would easily grow.
Some people just see tutorial videos on YouTube and they just conclude that trading is easy, but most of the people making videos and posting on YouTube are making videos whenever they are on profit, and they will never post whenever they are in loss. So video’s like this are the once that makes newbies thing trading is very easy and they can easily make money from it, after joining and wasting everything which they deposited, they they will have a clear understanding of what trading is all about. Some will decide to acquire more knowledge, and some will just end up giving up.


Title: Re: Why do many people fail in trade?
Post by: 2Pizza410000BTC on March 30, 2024, 11:46:34 PM
I see a lot of traders who fail in this field, because they do not have patience and consistency in learning, that they are successful traders who study for more than a year or even two years so that they can have the ability to analyze the market and can have their own methods in making profits from trading.
Many who have just learned one month to one semester they give up and no longer want to trade, please note that naturally fruitful trees are trees that grow with a long period of time so that they can bear heavy fruit and can provide benefits for both the owner or others.

Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.

Focus, be consistent, learn from your mistakes and think that building an empire takes time.

What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.

One of the reasons why many traders fail on trading platforms is because they cannot adopt a good trading strategy. People who do not acquire proper knowledge of trading strategies lose very quickly on trading platforms. I have seen many people trade for a short period of time and from there gain some experience to make themselves very knowledgeable and trade with maximum risk on the trading platform. Those who take maximum risk with little knowledge fail very fast in trading platform also those who are too greedy while trading also fail in trading platform because too much greed can never make a person successful in trading platform I am proof of that. I have seen on trading platforms that excessive greed always leads to failure.


Title: Re: Why do many people fail in trade?
Post by: AnonBitCoiner on March 31, 2024, 10:43:43 AM
Yes, most newbies think it is easy to trade because they only need to buy at the dip and sell at the peak. However, it is not an easy thing when we do the real trading. Sometimes the trend of crypto market can change in a short time. It can be bad news or there are too many supply in the market. This is something not easy to describe, we must understand this through the experience. If we are newbies, we don't have enough experience. So the solution is to learn other people experience. How to learn it? We can read from the articles or watch the videos. There are already many articles and videos that discuss about it.

To gain experience, it is not a must through the things we do ourselves. We can learn it through the experience of other people that they wrote on the articles or they described it through YouTube videos. This is a smart way that we can do now because we have a lot of references. So, there is no reason to have lack of knowledge or experience.

Trading is easy just for experience traders who learn something beneficial before trading and after which they learn more new thing and accurate their learned knowledge through experiencing win or loss in trading. It is obvious that your loss will be greater at the time of initiation because not every person is an expert but you will learn to accurate your mistakes when you passed through ups and downs situations.

Knowledge can be gained through any site or talking with friends about it but experience will only originates when you enter into the crypto world and see all the things with you own eyes so you will realise that what you have learned and what comes in reality.


Title: Re: Why do many people fail in trade?
Post by: MarjorieZimmermanGinger on March 31, 2024, 09:42:03 PM
Loss controlling with emotion bring bad impact for us in trading position, all planning before in trading possibility loss if can't control well with emotion how much limitation price increasing for selling or holding and make decision to stop loss.
It will be much more difficult to control emotions in trading, especially if someone has no knowledge about it. Emotions can influence decisions and if someone makes a mistake in doing so, they will experience losses. Moreover, if market conditions do not go according to plan, emotions will influence a person in determining the end of trading.

The most important key in trading how to control emotion not only with the profitable position but also how to face when price dropping and keep calm for holding without get panic moment for selling.
If some one want to make guide how to be success in trading better put the emotional on the first number, its very important for beginner or an expert in trading can manage or controlling their emotion after getting profitable or losing position.
There must be a balance in decision making because as has been said, sometimes when conditions are favorable, person also have to make the right decisions and in the opposite conditions in order to control the risk of loss. Emotional control can be done if someone understands the correct trading method because the decisions taken are definitely based on previous experience. Trading is not easy to do, people must have knowledge and experience, but emotional is still needed as a measure of control.


Title: Re: Why do many people fail in trade?
Post by: Issa56 on April 01, 2024, 12:26:20 PM
I see a lot of traders who fail in this field, because they do not have patience and consistency in learning
Most of them doesn’t even want to learn, they think they can just easily make money from trading, but they don’t know things doesn’t work like that, before you will be making money in trading, you have to take your time to learn first, and you have to put all what you have learned into constant practice, also if you are a trader, learning should be a continuous thing, because the more you keep on reading, the more you keep on learning new things.

If you notice most newbie traders, most of them are always looking for trading signals, they are not ready to learn how to trade themselves, that’s why most of them do end up failing, because most of those trading signal providers are just fake, they just want to scam people that are joining it, and that’s what newbies are always after.


Title: Re: Why do many people fail in trade?
Post by: doomloop on April 02, 2024, 09:00:00 AM
Knowledge can be gained through any site or talking with friends about it but experience will only originates when you enter into the crypto world and see all the things with you own eyes so you will realise that what you have learned and what comes in reality.
Yes, but one shouldn't enter the market before they feel they are ready to start trading because that would make them lose money. When a person enters the trading sphere, their first step must be to learn everything about it, and once they have learned everything, they should put that on the test, maybe with a demo account or if a demo opportunity isn't available, they should start with a small amount just to try their skills and knowledge.

After the test, if they feel that they are ready and they can now make trades without any problems and won't lose all their money if they do so, that is when they should get into it and after that point, anything they do will earn them experience and they will become an experienced trader after some time.


Title: Re: Why do many people fail in trade?
Post by: Out of mind on April 02, 2024, 01:44:18 PM
A user must be patient and have experience to trade. If a person has no experience then he will never be able to advance in the business field, similarly in the field of trading one must be well experienced and patient, otherwise it is very difficult to survive in the market. We know that the cryptocurrency market is never stable due to which people sometimes gain and sometimes lose, it depends on the ups and downs of the market. When you start trading, you must invest from a position where you can buy and profit when the market moves higher. When you start trading in the market you must wait patiently if there is a loss, because once the market goes down it will definitely go up again, so never give up. And in every case all traders have to take risk without risk you can never be successful, and no trader can make profit patience and experience is also required to take risk.


Title: Re: Why do many people fail in trade?
Post by: bitzizzix on April 02, 2024, 02:11:23 PM
Trading is not an easy job and most failures are caused by lack of discipline, lack of research and analysis, and lack of risk management. And trading also requires experience and strong psychology to do it, and also don't ever think about getting short profits.
Everything requires a process and the most important thing is to learn everything related to trading, and also start with small capital to find out and develop knowledge and recognize the risks that exist.
So in my opinion the reason they failed is as I mentioned above, and they did this because they wanted to gain profits in a short time, understood it but without doing further learning and also realizing the risks involved. And they also do it in a haphazard way that makes them fail because of their carelessness, and that often happens to those who are still beginners.


Title: Re: Why do many people fail in trade?
Post by: Nheer on April 02, 2024, 11:12:04 PM
I see a lot of traders who fail in this field, because they do not have patience and consistency in learning, that they are successful traders who study for more than a year or even two years so that they can have the ability to analyze the market and can have their own methods in making profits from trading.
Trading is one of the most difficult aspects of crypto and also one of the riskiest if not the riskiest part of crypto that even with enough knowledge there is no guarantee of success only that having knowledge minimizes the risk of failure. Aside knowledge there are other factors and qualities that a person needs to possess to increase their chances of success in trading like having self discipline, having patience and training the mind to eliminate fear and greed etc. Trading actually requires having in depth knowledge of it else you risk losing your money to it, i don’t think there is a way around it without knowledge and many people fail as a result of negligence and laziness to learn, they assume trading can be done by following their instincts alone. Once a person skips the learning process then his money is at risk but most newbie traders are not aware of this and all they think of is  earning profits.

Trading is very risky that even experienced traders and experts still lose money despite having tons of experience and knowledge but the knowledge with them puts them ahead and helps them make profitable decisions and take calculated risks.

Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.
Every trader is bound to make mistakes and these mistakes are meant to serve as a lesson where you pick up things and learn from so making mistakes is not the end of the road, they are meant to serve as a motivation for you not to give up. Experienced traders started from somewhere too and they all made mistakes along the road but they didn’t give up and were determined to get to the top by learning from their own mistakes and not take actions that lead them to fail.


Title: Re: Why do many people fail in trade?
Post by: Hamphser on April 03, 2024, 05:19:46 PM
Trading is not an easy job and most failures are caused by lack of discipline, lack of research and analysis, and lack of risk management. And trading also requires experience and strong psychology to do it, and also don't ever think about getting short profits.
Everything requires a process and the most important thing is to learn everything related to trading, and also start with small capital to find out and develop knowledge and recognize the risks that exist.
So in my opinion the reason they failed is as I mentioned above, and they did this because they wanted to gain profits in a short time, understood it but without doing further learning and also realizing the risks involved. And they also do it in a haphazard way that makes them fail because of their carelessness, and that often happens to those who are still beginners.
Its never been that easy in the first place and this is why it would really be just that right that you should really be serious on trying out to learn on it even on the slightest possible scenario or conditions that you might be able to encounter on. Trading isnt something a skills that you could really be able to make yourself that learn in a short time. You would really be still needing to pass up tons of trials and errors before you could really be able to have a good grasps into it. Mistakes are common since we do really lack knowledge and skills but overtime as you do go forward then you would really be able to eventually learn up about on handling yourself towards this market and this is something a typical condition for someone to take. It is really just that there are people who are really that easily giving up on the time that they do experience some hardship.


Title: Re: Why do many people fail in trade?
Post by: SOKO-DEKE on April 04, 2024, 10:17:13 AM

I see a lot of traders who fail in this field, because they do not have patience and consistency in learning, that they are successful traders who study for more than a year or even two years so that they can have the ability to analyze the market and can have their own methods in making profits from trading.

Yes, lack of proper knowledge about trading is one of the main reasons why many people fail, but the truth is that trading is risky, and even with proper knowledge, some people still fail. No matter how good someone may be, trading involves serious risk. Also, let us know that it is not a full lack of knowledge that always causes some to fail in trading. Sometimes, even with proper knowledge, your analysis can still fail because there are some people who manipulate some coins, so if you fall under this type of coin to trade, it is very easy for you to fail because manipulating involves. 

Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.

Making mistakes is okay when you're learning new things, like trading. If you want to be really good at it, you shouldn't stop trying just because you make a few mistakes. When you start trading, it's normal to mess up sometimes and lose money. But that's how you learn and get better. So, if you give up too quickly after making just a few mistakes, you might miss out on becoming a successful trader. Remember, everyone makes mistakes, and it's all part of getting better at something new like trading.


Title: Re: Why do many people fail in trade?
Post by: Best-mary on April 04, 2024, 12:13:41 PM
I see a lot of traders who fail in this field, because they do not have patience and consistency in learning, that they are successful traders who study for more than a year or even two years so that they can have the ability to analyze the market and can have their own methods in making profits from trading.
Many who have just learned one month to one semester they give up and no longer want to trade, please note that naturally fruitful trees are trees that grow with a long period of time so that they can bear heavy fruit and can provide benefits for both the owner or others.

Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.

Focus, be consistent, learn from your mistakes and think that building an empire takes time.

What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up on this field.


To start with, nothing is ever easy to begin with. Sometimes we are at that point like we can never do it because of the consistent fails but only those who stick around actually achieve it.

Here, I would tell everyone if you are in this category, don't give up keep doing it because when you finally get it, it will be all fun and you will be able to get so many opportunities to accomplish like different events MEMECON, what have you! Don't give up


Title: Re: Why do many people fail in trade?
Post by: Adams0001 on April 04, 2024, 01:15:01 PM
A user must be patient and have experience to trade. If a person has no experience then he will never be able to advance in the business field, similarly in the field of trading one must be well experienced and patient, otherwise it is very difficult to survive in the market. We know that the cryptocurrency market is never stable due to which people sometimes gain and sometimes lose, it depends on the ups and downs of the market. When you start trading, you must invest from a position where you can buy and profit when the market moves higher. When you start trading in the market you must wait patiently if there is a loss, because once the market goes down it will definitely go up again, so never give up. And in every case all traders have to take risk without risk you can never be successful, and no trader can make profit patience and experience is also required to take risk.

Anything you undertake in this life requires patience, since without patience you will never achieve anything. Trading is not something you can learn in a day or a week; you must spend a month researching the market and understanding the next step before you can begin earning money gradually. And you must understand that anything you do is risky since you cannot guarantee that you will be lucrative while trading; nevertheless, with expertise, he will lower your losses and increase your profits. That is why, whenever you want to start trading, you should do so with your own money, compared to a cryptocurrency investment which can reduce your risk. when you lose you lose all, not like crypto investment that can just decrease your capital and later he can increase and be profitable on it, trading is sweet when you understand everything about it everything will be easy to solve without stress but when you are saying trading is hard that means you have not know much about the market.


Title: Re: Why do many people fail in trade?
Post by: cryptoWODL on April 04, 2024, 01:16:46 PM
To start with, nothing is ever easy to begin with. Sometimes we are at that point like we can never do it because of the consistent fails but only those who stick around actually achieve it.

Here, I would tell everyone if you are in this category, don't give up keep doing it because when you finally get it, it will be all fun and you will be able to get so many opportunities to accomplish like different events MEMECON, what have you! Don't give up
People do not become great sages in the initial state. To become a sage one has to gradually acquire education and master knowledge. Similarly, no one can become successful in trading from the beginning and don't learn trading easily. Success in trading and learning to trade requires regular consistency and patience. People fail in trading mainly because of their lack of proper knowledge about trading.

Usually when we do something wrong, we have to learn from it and take steps to avoid making the same mistake in the future. Just like when we start trading we may fail, we have to take it as normal, we have to learn from this failure and then take steps to be successful in trading. Trading may not be easy for everyone but those who are experienced in trading will find it easy.However, trading involves risks and everyone must accept that before trading.


Title: Re: Why do many people fail in trade?
Post by: Natsuu on April 04, 2024, 05:49:13 PM
Don't give up
People do not become great sages in the initial state. To become a sage one has to gradually acquire education and master knowledge. Similarly, Just like when we start trading we may fail, we have to take it as normal, we have to learn from this failure and then take steps to be successful in trading. Trading may not be easy for everyone but those who are experienced in trading will find it easy.However, trading involves risks and everyone must accept that before trading.
Well the only failure on trading is the time when you decide that you are going to stop. Which means that if you are still trying, still improving,  looking on yourself and asking why you are still unprofitable, then you are thriving. I also want to tell you that the right time will happen for you once you do the right thing and act and think the certain way as how the professionals do.

Failure in trading is temporary. You can even blow your account many time but still you will be blowing up the next if you don't change your behavior in front of the market. 90% of the people who enter the market loses because they are trying to master the market but the truth is, the only thing they need to master is themselves.


Title: Re: Why do many people fail in trade?
Post by: boty on April 04, 2024, 06:25:12 PM
People do not become great sages in the initial state. To become a sage one has to gradually acquire education and master knowledge. Similarly, no one can become successful in trading from the beginning and don't learn trading easily. Success in trading and learning to trade requires regular consistency and patience. People fail in trading mainly because of their lack of proper knowledge about trading.

Usually when we do something wrong, we have to learn from it and take steps to avoid making the same mistake in the future. Just like when we start trading we may fail, we have to take it as normal, we have to learn from this failure and then take steps to be successful in trading. Trading may not be easy for everyone but those who are experienced in trading will find it easy.However, trading involves risks and everyone must accept that before trading.
Everyone who is just starting out in whatever they try will of course have failures and only they can correct the mistakes they make and be patient with the learning process that will be successful in the trading they do and for those who cannot correct the mistakes of course they will not be able to survive and will leave trading at a loss.
Understanding the risks that will be faced when trading will certainly make them trade carefully so that they carry out analysis correctly to make the right decisions on the trades they make so that they can make a profit from the trades they make, because if they cannot analyze the market properly Well of course you won't be able to make a profit from trading.


Title: Re: Why do many people fail in trade?
Post by: Hamphser on April 04, 2024, 06:26:26 PM
Don't give up
People do not become great sages in the initial state. To become a sage one has to gradually acquire education and master knowledge. Similarly, Just like when we start trading we may fail, we have to take it as normal, we have to learn from this failure and then take steps to be successful in trading. Trading may not be easy for everyone but those who are experienced in trading will find it easy.However, trading involves risks and everyone must accept that before trading.
Well the only failure on trading is the time when you decide that you are going to stop. Which means that if you are still trying, still improving,  looking on yourself and asking why you are still unprofitable, then you are thriving. I also want to tell you that the right time will happen for you once you do the right thing and act and think the certain way as how the professionals do.

Failure in trading is temporary. You can even blow your account many time but still you will be blowing up the next if you don't change your behavior in front of the market. 90% of the people who enter the market loses because they are trying to master the market but the truth is, the only thing they need to master is themselves.
Most people would really be quitting or totally that stopping on the time that they would really be experiencing those unfortunate conditions on which we know that this is really just that something normal on having
this kind of approach on things on where this is really something that do really happens on which there would really be those individuals whose really that easily quit up on the time that they would really be making out those kind of bad experiences on which they cant really be able to bare out such risks. It is really just that a matter of survival in this regard because there are people who do easily give up and there are
ones who do really persevere no matter what.

Fail is normal but completely stopping just because you cant really be able to make yourself that sustain about experiencing those loses then it does really shows up on
how weak you are when it comes to this manner. If you are really that wanting to learn up trading skills then you would really be needing up to survive no matter what.
ITs impossible that those loses wont really be able to make you something more better.


Title: Re: Why do many people fail in trade?
Post by: kawetsriyanto on April 04, 2024, 08:54:27 PM
One of the reasons why many traders fail on trading platforms is because they cannot adopt a good trading strategy. People who do not acquire proper knowledge of trading strategies lose very quickly on trading platforms.
Indeed. It is not easy to know right trading strategy. When we decide to use which trading strategy, we must do analysis or research first. We need to adjust the strategy with the current market condition. We also need to consider the strategy with the characteristic of the coins to trade. So, it is not a simple way to determine the trading strategy. Sure, it requires good knowledge to have a proper strategy in trading.

Those who take maximum risk with little knowledge fail very fast in trading platform also those who are too greedy while trading also fail in trading platform because too much greed can never make a person successful in trading platform I am proof of that.
It is true. If we force to trade hastily, the chance for a lose will be higher. Moreover, if we trade with a greed, it is another big reason to fail. These things must be avoided in trading, we must learn how to deal with these bad things. If we still can't deal with them, it is better to not trading, just focus on learning first.



Title: Re: Why do many people fail in trade?
Post by: Bushdark on April 04, 2024, 11:09:00 PM
I see a lot of traders who fail in this field, because they do not have patience and consistency in learning, that they are successful traders who study for more than a year or even two years so that they can have the ability to analyze the market and can have their own methods in making profits from trading.
Many who have just learned one month to one semester they give up and no longer want to trade, please note that naturally fruitful trees are trees that grow with a long period of time so that they can bear heavy fruit and can provide benefits for both the owner or others.

Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.

Focus, be consistent, learn from your mistakes and think that building an empire takes time.

What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.

One of the reasons why many traders fail on trading platforms is because they cannot adopt a good trading strategy. People who do not acquire proper knowledge of trading strategies lose very quickly on trading platforms. I have seen many people trade for a short period of time and from there gain some experience to make themselves very knowledgeable and trade with maximum risk on the trading platform. Those who take maximum risk with little knowledge fail very fast in trading platform also those who are too greedy while trading also fail in trading platform because too much greed can never make a person successful in trading platform I am proof of that. I have seen on trading platforms that excessive greed always leads to failure.
I keep telling people that don't need to be stressing themselves to learn about the technicals of trading, things can better and one can learn how to just set up trading so that one can keep getting signals of different tokens to trade in the market.
There are so many crypto projects we can trade based on information we get in the market.
One don't have to take longer time to learn how to trade when we can make things easier by getting free or paid signals that could yield profits.


Title: Re: Why do many people fail in trade?
Post by: 2Pizza410000BTC on April 04, 2024, 11:25:25 PM
One of the reasons why many traders fail on trading platforms is because they cannot adopt a good trading strategy. People who do not acquire proper knowledge of trading strategies lose very quickly on trading platforms.
Indeed. It is not easy to know right trading strategy. When we decide to use which trading strategy, we must do analysis or research first. We need to adjust the strategy with the current market condition. We also need to consider the strategy with the characteristic of the coins to trade. So, it is not a simple way to determine the trading strategy. Sure, it requires good knowledge to have a proper strategy in trading.

Those who take maximum risk with little knowledge fail very fast in trading platform also those who are too greedy while trading also fail in trading platform because too much greed can never make a person successful in trading platform I am proof of that.
It is true. If we force to trade hastily, the chance for a lose will be higher. Moreover, if we trade with a greed, it is another big reason to fail. These things must be avoided in trading, we must learn how to deal with these bad things. If we still can't deal with them, it is better to not trading, just focus on learning first.
Yes of course knowing the right strategy of trading is not easy.  Here to know the right trading strategy you need to be very knowledgeable no one can acquire the right trading strategy with little knowledge. We who are trading on trading platform are mainly trading with guesswork we never trade with proper trading strategy. If we had acquired the right trading strategy and traded then we would not have lost in trading. Especially I am losing a lot on the trading platform right now because I made some profit from a few trades and jumped into trading more quickly because of which I am now in a lot of losses. I fully understood from here that one should never rush and be greedy in trading platform.


Title: Re: Why do many people fail in trade?
Post by: Zanab247 on April 22, 2024, 06:31:39 PM
Quote from: bitzizzix
Trading is not an easy job and most failures are caused by lack of discipline, lack of research and analysis, and lack of risk management. And trading also requires experience and strong psychology to do it, and also don't ever think about getting short profits.
Everything requires a process and the most important thing is to learn everything related to trading, and also start with small capital to find out and develop knowledge and recognize the risks that exist.
Trading is not an easy job because you have to stay long in trading to begin to think very well, to know whether it is time to trade to accumulate profits from the market or time to hodl to avoid loss from the market by not trade at the moment than to exercise patience for the bull season to come before you can trade.

When you apply experience and psychology in your crypto trading, you will not find it difficult on what to do when others traders are panicking in the market because psychological, you know that the market price will still increase higher in the future before you can trade to make different profits.

Starting with small capital, it will give you the opportunity to learn a lot of things from trading and it will make you to become professional in trading with much experience.


Title: Re: Why do many people fail in trade?
Post by: milewilda on April 22, 2024, 06:36:28 PM
Quote from: bitzizzix
Trading is not an easy job and most failures are caused by lack of discipline, lack of research and analysis, and lack of risk management. And trading also requires experience and strong psychology to do it, and also don't ever think about getting short profits.
Everything requires a process and the most important thing is to learn everything related to trading, and also start with small capital to find out and develop knowledge and recognize the risks that exist.
Trading is not an easy job because you have to stay long in trading to begin to think very well, to know whether it is time to trade to accumulate profits from the market or time to hodl to avoid loss from the market by not trade at the moment than to exercise patience for the bull season to come before you can trade.

When you apply experience and psychology in your crypto trading, you will not find it difficult on what to do when others traders are panicking in the market because psychological, you know that the market price will still increase higher in the future before you can trade to make different profits.

Starting with small capital, it will give you the opportunity to learn a lot of things from trading and it will make you to become professional in trading with much experience.
It wasnt a job in the first place but if this is something that you could really be able to make yourself that do able to grasps in regarding about having good trades or soemthing that you could really be able to sustain on
then pretty sure that this could really be something that will really be good for making it as a source of income but of course there would really be no guarantees in speaking about being that profitable all the time.
This is whey there are people who are really just that simply making this as their side income on where they could really be able to make themselves that been not that being devastated on the time that they would really be having those losing trades. Failing is normal because we do commit out mistakes but doesnt mean that we cant be able to lessen up the risks of losing on which this would really be that a common approach to have.
You cant really just that make yourself that easily give up just because you have that been able to experience those unfortunate conditions.


Title: Re: Why do many people fail in trade?
Post by: Franctoshi on April 22, 2024, 08:23:06 PM
There are couple of things that contributes to why we have many people not  profitable in trading. Number one, is In experience ,I'm of the opinion that experience is one major thing that contribute to the success of those that you see profiting today, they've gone through series of mistakes and thus they've learnt from it and become a better version of themselves you see and admire toady, secondly is indiscipline, many trader don't play by the the rules, Whereas trading is a game of rules if you hope to be successful. Then the third one is not taking risk management seriously, Risk management will keep you in the game even when you incur a loses , While the father of it all is greediness, greediness will lead you into doing some couple of stupid things in the market.


Title: Re: Why do many people fail in trade?
Post by: nurilham on April 22, 2024, 09:06:20 PM
I keep telling people that don't need to be stressing themselves to learn about the technicals of trading, things can better and one can learn how to just set up trading so that one can keep getting signals of different tokens to trade in the market.
It shouldn't be stressful to learn about trading strategies or technical if we have a nature of traders. We must enjoy the learning process because it is a part of the success in trading. No success without an effort, no good understanding in trading without learning. So, learning is a must to do and we shouldn't think it is a burden. Anyway, we don't believe in any trading signals. It is better to do own analysis about the signals.

There are so many crypto projects we can trade based on information we get in the market.
One don't have to take longer time to learn how to trade when we can make things easier by getting free or paid signals that could yield profits.
What do you mean?
Learning about how to trade is a basic matter. Someone can use a demo trading for this matter.
Again, I say we don't trust any signal trading made by other people. We don't care about it whether it is paid or free.



Title: Re: Why do many people fail in trade?
Post by: Hamphser on April 23, 2024, 08:58:59 PM
Quote from: bitzizzix
Trading is not an easy job and most failures are caused by lack of discipline, lack of research and analysis, and lack of risk management. And trading also requires experience and strong psychology to do it, and also don't ever think about getting short profits.
Everything requires a process and the most important thing is to learn everything related to trading, and also start with small capital to find out and develop knowledge and recognize the risks that exist.
Trading is not an easy job because you have to stay long in trading to begin to think very well, to know whether it is time to trade to accumulate profits from the market or time to hodl to avoid loss from the market by not trade at the moment than to exercise patience for the bull season to come before you can trade.

When you apply experience and psychology in your crypto trading, you will not find it difficult on what to do when others traders are panicking in the market because psychological, you know that the market price will still increase higher in the future before you can trade to make different profits.

Starting with small capital, it will give you the opportunity to learn a lot of things from trading and it will make you to become professional in trading with much experience.
It wasnt a job in the first place but if this is something that you could really be able to make yourself that do able to grasps in regarding about having good trades or soemthing that you could really be able to sustain on
then pretty sure that this could really be something that will really be good for making it as a source of income but of course there would really be no guarantees in speaking about being that profitable all the time.
This is whey there are people who are really just that simply making this as their side income on where they could really be able to make themselves that been not that being devastated on the time that they would really be having those losing trades. Failing is normal because we do commit out mistakes but doesnt mean that we cant be able to lessen up the risks of losing on which this would really be that a common approach to have.
You cant really just that make yourself that easily give up just because you have that been able to experience those unfortunate conditions.
People should realize this so that they wont really be hurrying up themselves on the time that they would be dealing up with trading. Just like you said that trading is risky but its something that could give out that kind of opportunity on which you could make out money if you done it well but of course it would really be taking up some time and it wont be something easy.
The wrong thing about other people been thinking that they could be able to easily learn up trading, this is a skill that will really be taking up tons of time and you would be needing to past up tons of losing scenario and those hard moment before you would be able to learn. This is why on the time that you would be dealing up with trading then better make yourself that get prepared on this one.


Title: Re: Why do many people fail in trade?
Post by: poodle63 on April 24, 2024, 02:23:17 AM
There are couple of things that contributes to why we have many people not  profitable in trading. Number one, is In experience ,I'm of the opinion that experience is one major thing that contribute to the success of those that you see profiting today, they've gone through series of mistakes and thus they've learnt from it and become a better version of themselves you see and admire toady, secondly is indiscipline, many trader don't play by the the rules, Whereas trading is a game of rules if you hope to be successful. Then the third one is not taking risk management seriously, Risk management will keep you in the game even when you incur a loses , While the father of it all is greediness, greediness will lead you into doing some couple of stupid things in the market.
its always these three things most people that fail at trading are just newbies that just doesn't really have idea what they're doing and what they shouldn't do most of the newbies that i've seen before hand always right off the bat trying to get more profit by betting on future trading while there's certainly some degree of chance that they gonna make profit but the nature of many crypto is not as less volatile compared to other investment instrument making future trading a double edged sword.
its always best advised for newbie to just stick with investing in spot, if worse come to worst, they can save themselves by not cutting lose and instead wait for another bull cycle.
just see at those people that are newbies that buys at peak in previous bullrun had they keep holding they will get profit, the question though how long can they keep themselves from cutting lose.


Title: Re: Why do many people fail in trade?
Post by: boty on April 24, 2024, 08:05:47 AM
There are couple of things that contributes to why we have many people not  profitable in trading. Number one, is In experience ,I'm of the opinion that experience is one major thing that contribute to the success of those that you see profiting today, they've gone through series of mistakes and thus they've learnt from it and become a better version of themselves you see and admire toady, secondly is indiscipline, many trader don't play by the the rules, Whereas trading is a game of rules if you hope to be successful. Then the third one is not taking risk management seriously, Risk management will keep you in the game even when you incur a loses , While the father of it all is greediness, greediness will lead you into doing some couple of stupid things in the market.
When someone can learn from the failures experienced by someone and make this a lesson for them, of course this will be very good and will be very useful for them when they return to trading and they must have patience in going through this process, because there are some people who have experienced several failures in trading and they choose to leave trading at a loss, of course this is very unfortunate because they are impatient with the process they have to go through.

For some traders who don't follow the rules, of course they trade like gamblers and they don't do it based on the knowledge they have and most of them trade greedily which makes it difficult for them to make a profit and all they get is a loss from the trade.


Title: Re: Why do many people fail in trade?
Post by: bakasabo on April 24, 2024, 08:13:32 AM
I will say that one of reasons why people fail in trade is the lack of experience. And many are lacking enough experience, because each error is costly. It might not cost much to learn, entrance level is affordable for everyone. But each mistake hurt pride a lot, each mistake makes people to think about stopping, each mistake resets to zero all previous achievements.


Title: Re: Why do many people fail in trade?
Post by: Baki202 on April 24, 2024, 10:51:44 AM
There are couple of things that contributes to why we have many people not  profitable in trading. Number one, is In experience ,I'm of the opinion that experience is one major thing that contribute to the success of those that you see profiting today, they've gone through series of mistakes and thus they've learnt from it and become a better version of themselves you see and admire toady, secondly is indiscipline, many trader don't play by the the rules, Whereas trading is a game of rules if you hope to be successful. Then the third one is not taking risk management seriously, Risk management will keep you in the game even when you incur a loses , While the father of it all is greediness, greediness will lead you into doing some couple of stupid things in the market.

Not everyone will succeed in crypto and there are lots of people that have tried trading but have failed, they are not patient enough to have succeeded, just little knowledge some people will think they have known it all, and that from knowing it all that is when you see people making mistake and losing money and truly experience matters a lot. you need to have gathered enough experience to make money from trading. serious learners, learn everyday.

Majority of them don't even know the rules so they can reflect what they don't know, and i love trading still learning and before i start anything i would have gathered enough knowledge before the commencement of my journey in crypto.  if is about risk i love taking risk and i believe that in risk their is hidden treasures.


Title: Re: Why do many people fail in trade?
Post by: AnonBitCoiner on April 24, 2024, 06:14:39 PM
Yes, but one shouldn't enter the market before they feel they are ready to start trading because that would make them lose money. When a person enters the trading sphere, their first step must be to learn everything about it, and once they have learned everything, they should put that on the test, maybe with a demo account or if a demo opportunity isn't available, they should start with a small amount just to try their skills and knowledge.

After the test, if they feel that they are ready and they can now make trades without any problems and won't lose all their money if they do so, that is when they should get into it and after that point, anything they do will earn them experience and they will become an experienced trader after some time.

Learning is very important in case of investment and trading but some people focus more on accumulating money for trading instead of accumulating knowledge for it so for them it becomes very difficult to earn from trading. Learning and saving money for trading can also be possible at the same time therefore continue the process of learning and don't stop until your learning helps you to find a fruit of your hard work.

Humans are so impatient that they don't want to get complete knowledge but move towards trading but by doing so they are finding trading as more hazardous and money consuming than money earning. Give a large part of your time to trading and then you can trade with confidence and your confidence will increase with increasing learning and getting experience.


Title: Re: Why do many people fail in trade?
Post by: Mahanton on April 24, 2024, 06:59:03 PM
Yes, but one shouldn't enter the market before they feel they are ready to start trading because that would make them lose money. When a person enters the trading sphere, their first step must be to learn everything about it, and once they have learned everything, they should put that on the test, maybe with a demo account or if a demo opportunity isn't available, they should start with a small amount just to try their skills and knowledge.

After the test, if they feel that they are ready and they can now make trades without any problems and won't lose all their money if they do so, that is when they should get into it and after that point, anything they do will earn them experience and they will become an experienced trader after some time.

Learning is very important in case of investment and trading but some people focus more on accumulating money for trading instead of accumulating knowledge for it so for them it becomes very difficult to earn from trading. Learning and saving money for trading can also be possible at the same time therefore continue the process of learning and don't stop until your learning helps you to find a fruit of your hard work.

Humans are so impatient that they don't want to get complete knowledge but move towards trading but by doing so they are finding trading as more hazardous and money consuming than money earning. Give a large part of your time to trading and then you can trade with confidence and your confidence will increase with increasing learning and getting experience.
Sooner or later you would really be able to realize that you shouldnt really be having that kind of mindset or kind of perception towards trading because once you do have this then you wont really be able to done
up something well on whatever you've been engaging which it isnt good. Failing is normal, the only issue on here is that not all would really be that having that kind of open mindedness on what are the things that they could possibly be able to encounter or something that they would be able to experience on which you would really be having that kind adjustment just like on what others been saying on here.

You wont really be able to survive or would succeed on trading field if you do have that kind of impulsive approach. On the time that you would really be able to encounter loses then the best
that would be done is that you would really be acting out and finding up ways on how to make your next trades to be profitable because once you find yourself
that panicking then it would really be just worsen out the situation.


Title: Re: Why do many people fail in trade?
Post by: Dewi Aries on April 25, 2024, 01:13:00 AM
I think there are quite a lot of factors that cause someone to fail in trading, firstly in terms of the mindset they carry from the start, such as assuming or thinking that trading is a quick way to get rich, and this is wrong because after all there is no such thing as instant success. , it means the same thing that you also have to go through various processes along with various difficulties that exist in the world of trading and for me the most difficult thing is controlling and/or trying to stay okay when experiencing losses, which has been proven that most traders fail. because he couldn't control himself. When someone thinks that trading is a quick way to get rich then I can confirm that they only focus on "profits" which means they may look for profits in the wrong way, don't want to learn, depend on other people's signals, are easily tempted by the lure of - the promise of big profits, even though it doesn't make sense, is offered by other people until they end up being deceived and losing a lot of money.

The second is lack of experience, but yes I think this should not be used as a reason for failure because after all you can gain experience and knowledge if you are willing to learn to achieve success, which means that most traders fail because they don't want to learn and don't want to proceed.


Title: Re: Why do many people fail in trade?
Post by: Zanab247 on May 07, 2024, 04:54:18 PM
Quote from: Out of mind
A user must be patient and have experience to trade. If a person has no experience then he will never be able to advance in the business field, similarly in the field of trading one must be well experienced and patient, otherwise it is very difficult to survive in the market. We know that the cryptocurrency market is never stable due to which people sometimes gain and sometimes lose, it depends on the ups and downs of the market. When you start trading, you must invest from a position where you can buy and profit when the market moves higher. When you start trading in the market you must wait patiently if there is a loss, because once the market goes down it will definitely go up again, so never give up.
If you want to stay long in trading, do everything possible to have idea on trading before going into trading because you will not give up when you begin to experience some problem, which are normal thing new traders must experience from the beginning of their journey.

But giving up easily with all those problems in the market, it will make you regret for giving up because there will be another bear run where people can use to buy coins and wait for another bull run to come before they can earn profits to celebrate themselves for not giving up.

Just know that, when you trade in the bear run base on situation you are going through, it will make you to experience loss in your trading because that is the best time for some traders to buy from the market and wait for the high price to come in the bull before they can trade to earn profits.


Title: Re: Why do many people fail in trade?
Post by: OrangeII on May 08, 2024, 05:31:56 AM
I will say that one of reasons why people fail in trade is the lack of experience. And many are lacking enough experience, because each error is costly. It might not cost much to learn, entrance level is affordable for everyone. But each mistake hurt pride a lot, each mistake makes people to think about stopping, each mistake resets to zero all previous achievements.
There are several cases that I have encountered, that before they make a trade, they are so sure about the potential of the coin they choose. However, when they start trading, and the price of the coins they bought falls, they lose confidence and take CL steps to stop the losses in progress. However, I think very many traders lack confidence. However, if we talk about disadvantages, there will be many, but I often see this in new traders.


Title: Re: Why do many people fail in trade?
Post by: Z_MBFM on May 08, 2024, 12:38:47 PM
There are couple of things that contributes to why we have many people not  profitable in trading. Number one, is In experience ,I'm of the opinion that experience is one major thing that contribute to the success of those that you see profiting today, they've gone through series of mistakes and thus they've learnt from it and become a better version of themselves you see and admire toady, secondly is indiscipline, many trader don't play by the the rules, Whereas trading is a game of rules if you hope to be successful. Then the third one is not taking risk management seriously, Risk management will keep you in the game even when you incur a loses , While the father of it all is greediness, greediness will lead you into doing some couple of stupid things in the market.

Not everyone will succeed in crypto and there are lots of people that have tried trading but have failed, they are not patient enough to have succeeded, just little knowledge some people will think they have known it all, and that from knowing it all that is when you see people making mistake and losing money and truly experience matters a lot. you need to have gathered enough experience to make money from trading. serious learners, learn everyday.

Majority of them don't even know the rules so they can reflect what they don't know, and i love trading still learning and before i start anything i would have gathered enough knowledge before the commencement of my journey in crypto.  if is about risk i love taking risk and i believe that in risk their is hidden treasures.
The main reason to people fail in trading that is over panic. when a beginner trader or a unprofessional trader start trading and after bought any token if that token price down a bit they afraid and do panic sell at loss. many people go to trade patiently without panic but because of not being able to do proper analysis they choose the wrong coin due to which they have to lose even if they hold for a long time. this can also be another reason for failure in trading. there are many reasons why most people fail in trading


Title: Re: Why do many people fail in trade?
Post by: HideYourKeys on May 08, 2024, 05:48:20 PM
Many people, at least 80%... it is not an easy thing to do. In fact, if you check liquidation prices, the price is always targeting such levels back and forth, to catch as many traders as possible


Title: Re: Why do many people fail in trade?
Post by: Webetcoins on May 08, 2024, 08:05:00 PM
If you want to stay long in trading, do everything possible to have idea on trading before going into trading because you will not give up when you begin to experience some problem, which are normal thing new traders must experience from the beginning of their journey.

But giving up easily with all those problems in the market, it will make you regret for giving up because there will be another bear run where people can use to buy coins and wait for another bull run to come before they can earn profits to celebrate themselves for not giving up.

Just know that, when you trade in the bear run base on situation you are going through, it will make you to experience loss in your trading because that is the best time for some traders to buy from the market and wait for the high price to come in the bull before they can trade to earn profits.
To simply have an idea is easy and this is why it is not enough, especially on something that is too complex to do like crypto trading. Maybe bear run is a reason on why some traders can give up? Therefore another bear run is not going to make them regret but they are going to get a relief actually. This is only wrong. They don't know that bear run is our ally.

If we are experiencing a loss in our trades, there is no way that we will have the motivation to buy more. A trader can still possibly profit even on a bearish market condition but the profit that they can get may only be small. That's better anyway than ended up being zero throughout the day.


Title: Re: Why do many people fail in trade?
Post by: Fatunad on May 08, 2024, 08:35:29 PM
Many people, at least 80%... it is not an easy thing to do. In fact, if you check liquidation prices, the price is always targeting such levels back and forth, to catch as many traders as possible
If we do talk back again on Forex/Stocks successful traders then its been known that 98% are failing and 2% are the ones who do make money with the market. Speaking about liquidation then this is something that
talking about futures but since we could really be able to have that open spot trades then people or traders could really be having the option to hold and this is something that means that getting liquidated is something that would be out of context. When it comes on failing then this is something that would really be normal because not all would really be that good and skillful when dealing up with this unpredictable space.
Failing on first time doesnt mean that it would be over for you, there would really be tons of fails that you would be able to experience along the way.Therefore, the thing you should do is to adjust
and make out some adjustments for you to be able cope up because in next time then you would really be having that kind of adjustment and will be able to know on what to do in next time.


Title: Re: Why do many people fail in trade?
Post by: Gaza13 on May 09, 2024, 05:05:53 PM
Trading is not an easy job because you have to stay long in trading to begin to think very well, to know whether it is time to trade to accumulate profits from the market or time to hodl to avoid loss from the market by not trade at the moment than to exercise patience for the bull season to come before you can trade.

When you apply experience and psychology in your crypto trading, you will not find it difficult on what to do when others traders are panicking in the market because psychological, you know that the market price will still increase higher in the future before you can trade to make different profits.

Starting with small capital, it will give you the opportunity to learn a lot of things from trading and it will make you to become professional in trading with much experience.
Usually, a trader will of course wait for certain moments when the market is volatile or experiences an increase to enter trading in the market to make a profit. Yes, we have to stay there for a long time to determine which asset we choose. It's best when we trade, we don't have to use very large capital, starting with minimal capital will allow you to gain valuable experience in trading. Usually what makes them fail a lot is that when they already have a profit in trading they are too greedy to get much more profit there.




Title: Re: Why do many people fail in trade?
Post by: adpinbr on May 09, 2024, 11:38:06 PM
Yes, you are right as much as I know nothing good comes easily You have to pay a lot of price Before you succeed, So you will take the risk and try your best to succeed on trading, you don’t need to accept deformation even when you have lost so much do be scared, you will definitely make it, trading is something I understand that you need to devote a lot of time


Title: Re: Why do many people fail in trade?
Post by: $weetne$$ on May 10, 2024, 05:46:57 AM
Yes, you are right as much as I know nothing good comes easily You have to pay a lot of price Before you succeed, So you will take the risk and try your best to succeed on trading, you don’t need to accept deformation even when you have lost so much do be scared, you will definitely make it, trading is something I understand that you need to devote a lot of time

Trading success do not come easy, you need to scarified alot of things to have success. Trading needs time and dedication and it needs experience too, you'll fail when you try to trade without learning from the right source. If you just learn trading from a random source without verifying if the source is authentic, you will be taught rubbish without knowing. There are alot of pretenders that will claim to know how to trade and are teaching trading but they are not professional and only teaching you things they get from the internet. They can claim to be a trader when teaching it but can not make a profit from trading and if they teach you, you will also be like them. You will fail in trading when you did not take trading as a serious thing that you want to do, you have to be willing to have some sleepless nights learning how to become a good trader.


Title: Re: Why do many people fail in trade?
Post by: pusaka on May 10, 2024, 07:32:16 AM
I will say that one of reasons why people fail in trade is the lack of experience. And many are lacking enough experience, because each error is costly. It might not cost much to learn, entrance level is affordable for everyone. But each mistake hurt pride a lot, each mistake makes people to think about stopping, each mistake resets to zero all previous achievements.
There are several cases that I have encountered, that before they make a trade, they are so sure about the potential of the coin they choose. However, when they start trading, and the price of the coins they bought falls, they lose confidence and take CL steps to stop the losses in progress. However, I think very many traders lack confidence. However, if we talk about disadvantages, there will be many, but I often see this in new traders.
Actually, this is management that must be mastered, because in trading self-confidence is something important, but if our self-confidence is excessive then that is also not a good thing. Meanwhile, we don't have a measure of what can be called self-confidence and what we can call excessive self-confidence, because it is quite difficult to differentiate between them.
I agree that experience will make us better at trading, because with experience we can learn and we can make good decisions based on the experiences we have had in the past.
The knowledge we gain during our journey in this space will make us better able to minimize existing risks and indeed we can only minimize them without being able to eliminate them.


Title: Re: Why do many people fail in trade?
Post by: Mahanton on May 13, 2024, 09:31:36 PM
I will say that one of reasons why people fail in trade is the lack of experience. And many are lacking enough experience, because each error is costly. It might not cost much to learn, entrance level is affordable for everyone. But each mistake hurt pride a lot, each mistake makes people to think about stopping, each mistake resets to zero all previous achievements.
There are several cases that I have encountered, that before they make a trade, they are so sure about the potential of the coin they choose. However, when they start trading, and the price of the coins they bought falls, they lose confidence and take CL steps to stop the losses in progress. However, I think very many traders lack confidence. However, if we talk about disadvantages, there will be many, but I often see this in new traders.
Actually, this is management that must be mastered, because in trading self-confidence is something important, but if our self-confidence is excessive then that is also not a good thing. Meanwhile, we don't have a measure of what can be called self-confidence and what we can call excessive self-confidence, because it is quite difficult to differentiate between them.
I agree that experience will make us better at trading, because with experience we can learn and we can make good decisions based on the experiences we have had in the past.
The knowledge we gain during our journey in this space will make us better able to minimize existing risks and indeed we can only minimize them without being able to eliminate them.
And that mastery is something that could really be acquired when you do have that countless numbers of hours on involving or doing trading on which simply talking about experience because there's no way that you could really be able to have a good grasps towards the market if you are someone who doesnt really know on how to make yourself that dealing up with it on the first place.

Dont make yourself that being rushed up on the time that you would be doing trading because once you do have this kind of behavior then you are just basically putting up yourself on such trouble on which
we know that it isnt really something that too easy on dealing up with an unpredictable market on which we know that it cant be something that you would be able to have a good grasps on it directly.
You should really be wary and you should really be that sensible on the things thats happening. Dont make yourself that delusional because on the time that you do have that kind of confidence
then you might be ending up on being careless and this is something that you should really be looking into.