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461  Economy / Gambling discussion / Re: Health Benefits of Gambling on: April 08, 2024, 05:10:28 PM
Couple of points I want to highlight for newbies in gambling that makes gamblers not to get the health benefits of gambling is that, if you are doing the wrong approach, that's risking way more than what you can bear to lose, chasing losses, being addicted, you won't feel the health benefits side of gambling because you would likely be in depression due to loses, but if you apply the right strategy, being disciplined and following the rules of, it can relieve stress, helps stops overthinking because of the joy that comes when you must have won a bet, the joy, the happiness especially during when you are watching a game that is going in your favor.

True, everything always depends on how you approach gambling, if for example you have the wrong approach which in general and common sense is an approach that is not recommended in gambling then obviously there is no health benefit in gambling when you come with the wrong approach and mindset, the question is, is experiencing stress along with a lot of pressure a positive thing for health? Not at all, but this is what will happen to someone who comes with the wrong approach such as coming to earn while gambling is only a probability activity that only provides "possibilities" and not "certainties".

The wrong approach will lead one to the addiction phase and the addiction phase is a situation that provides more adverse effects than positive benefits. The only reasonable approach that can provide positive benefits to a gambler is to have the intention and purpose of gambling for entertainment, and it will be useful to relieve your boredom when you have free time without having any activities to do. The thrill, excitement and adrenaline rush you will experience without the stress and strain that comes with a no-hope, no-win approach.
462  Economy / Gambling discussion / Re: How can we help beginners not to get addicted on: April 08, 2024, 04:50:14 PM
Gambling will always depend on luck no matter what strategy we use. Although different people use gambling for different purposes, gambling behaves the same for everyone  However, if you enjoy gambling in a relaxed manner without getting excited, besides getting a lot of fun from gambling, you can suddenly win something big from here. so gambling should be used only casually and not seriously. then gambling will not bring any serious harm to anyone.
Gambling is more of luck than real skill. There are people you are professional in what they do and can bet with their last card to just ensure or convince people that they are good at what they do. Their are different gambling ways we could bet on even on the slightest one. It's very important we check what we are betting on so that we just don't lose fund because of little mistakes. Anybody that get addicted to gambling should try all they could to make sure they don't end up becoming too addictive to it because if the luck gets finished, that means loses would preceed the time of consistent winnings.

I agree with what you said that overall gambling is a lucky activity, one of the reasons is because we all can't always know about what will happen at the end of the session, it's always about two things between the possibility of winning or losing, no matter how hard you try and even though you are very skilled but still the house is above all, in the sense that there is always a time for you to lose even if you are a professional. The possibility of losing is always a certainty in gambling, you can win but you can never know in advance whether you will win at the end of the session or not, because you will only know it when you have finished the session.

Being aware of what you are betting on is the same as being aware of the amount you are betting on, meaning that awareness plays an important role in making decisions that are within your means as a precaution so that you don't regret it too much when you lose. Anyone can get a win when they are lucky but unfortunately only a few of them can really take advantage of the situation by drawing the line as quickly as possible or in the sense of cashing out the winning amount, usually they are trapped in greed which in the end yes as you said above that when luck runs out then the situation will reverse in the sense that there is a big possibility for you to return to lose all the amount of winnings you have previously obtained.
463  Economy / Gambling / Re: How to self exclude from anonymous gambling sites on: April 08, 2024, 04:30:10 PM
I've seen that people who win with little wind and the truth is I don't know how they do it, they enter any game and it's as if luck were with them, sometimes I think it's something divine that helps them, For that reason, when we enter a caisnol we must enter without any problems.

Winning with gambling is sometimes unpredictable because we most often don't know we are going to win and at the end, we have it as a surprise by seeing the winning coming, if we plan to win and try every effort, we may not see such coming, while the least time we expect any winning is when we may happen to realize one, this alone tells us more about how we can be independent with our gambling, expecting to see the winning coming and if it does not we move on.

Not sometimes but it is always unpredictable because gambling is an activity full of uncertainty that makes us never able to know for sure about what the results at the end of the session, always about two possibilities between winning or losing, and what we must understand is that victory is nothing more than a "chance" while defeat is a sure thing. This means that however we cannot plan something to bring victory because no matter how skilled you are in terms of analyzing a match, for example in sports betting, the results are still unknown to us, you can see in one of the ongoing football matches which is no longer a strange thing if we find a strong team that turns out to be defeated by a weak team. I'm not saying that you won't win but sometimes too high expectations of victory always make us feel more disappointed when it turns out that the result is losing, and clearly means that it's better for us to make gambling as an entertainment event just to fill spare time without putting too much hope in victory but along with preparing ourselves to accept the possible fact of defeat.
464  Economy / Gambling discussion / Re: Rich or poor gambler, who should risk more? on: April 08, 2024, 04:12:27 PM

yes elevates, the risk is elevated
but even with a high risk endeavor a chad person can make money if he can manage risk well

if you do a 200x on 2% of your bets you can have 98% of your total amount going to zero and still be profitable
it's basic math but really interesting to think about it.
Some time risk is gain and also risk is loses,  thos is what we have to by into and for sure make plans to accommodate it as long as mange yourself well with it, most of the times, regardless of what class the gambler belong to, if he can take the right risk he will get the green result.

Most of the time also, I have experience this in my person gambling life, where I failed to take some positive risks that could have lead me to the big winning,  and this all thought alot of lessons on ow to manage risk better.

Yes, it is true that risk can bring you profit and it can also bring you down, but if for example we talk about gambling, in my opinion there is very little chance of risk being profitable, or that means not all high risk taking can make you win, but Yes, I admit that this is something that might happen, in the sense that if for example you are having very good luck, then taking risks will also produce quite significant results if, for example, you bet with high risk.

However, what is more recommended is to take risks that are within our own capabilities, because this is safer as a precautionary measure, but on the other hand, it doesn't matter if, for example, you want to take a large risk with the condition and note that you must be able to account for all possibilities. bad things that will happen are like losing, because in some cases it is usually very difficult for gamblers to stay okay when they experience large losses.
465  Economy / Gambling discussion / Re: Patience can help alot on: April 08, 2024, 03:50:14 PM
For me, patience will only be useful and useful for minimizing the amount of loss, it doesn't mean you won't lose, but patience will really help you to restrain yourself from dominating emotions which usually lead you to some unreasonable actions and decisions such as betting with a higher amount or an amount that you are unable to lose because it is based on emotion, which means that your inability to exercise patience will trigger you to experience a greater amount of loss based on emotion.

Regarding the problem of "getting a win" I think patience doesn't really matter, because gambling always refers to how lucky you are during the session, meaning that even if for example you make a decision haphazardly without involving any patience or consideration, if at the same time it turns out luck comes, that means you will still be able to win, which means patience can really help you to minimize the amount of loss by minimizing emotions, especially when you are in a losing situation, but patience is not very influential in terms of winning.
466  Economy / Gambling discussion / Re: Does gambling excites you ? on: April 08, 2024, 03:29:09 PM
Whether rich or poor, everyone has their own reasons when they decide to go to a casino, whether it's to find entertainment to unwind after a long day of work, or just to test their luck. But there is someone who stupidly comes to a casino with the excuse of making a profit, even though he comes as a visitor, not as a casino owner or employee. They forget that gambling is full of uncertainty, and there is no guarantee that every time they gamble, they will win.

Gambling has a fairly high risk of losing money, the notion that gambling can make a profit is just a fantasy. because in reality, both in gambling and betting, the possibility of losing is always greater than winning. While the decision to bet large amounts is up to each individual, it would be stupid if we spent a lot of money on something we are not sure we will get. and I don't think anyone feels happy when they find they have lost a lot of money as a result of the gambling they do.
Reasons could really be only two possible things;

1. Making money
2. Have fun

When it comes to excitement then it would really be something that do matters on someones approach towards gambling. There are ones who are really that delusional when it comes to this manner
on where they do really treat up gambling to be some sort of source of income on which this isnt the right way for you to treat up gambling on this way. It is really that something
that it is really created for the sake of fun and entertainment. Excitement? Thrill? All of these emotions would really be something that could be experience but better
you should really be wary because sometimes these emotions could lead out into disaster once you do lost up that control.

Of these two reasons, I think more people or gamblers are in the first reason that you include, namely to make money, because logically, if for example they come just for entertainment then why should they choose a type of entertainment that is very attached to the possibility of risk? This means that there are many other types of entertainment that do not even involve the possibility of harm at all, meaning that the purpose of entertainment and enjoyment in gambling can be said to be a reason that is difficult to believe.

I think the opportunity to multiply the money they bring in has trumped all other reasons including fun or entertainment, everyone needs money to survive and this is a reasonable reason why they make gambling a source of income, even though this is a very bad mindset and idea which will only lead them to many disasters but this is the fact, common sense will very easily be defeated by lust and desire. In fact, we can identify what their real purpose for gambling is by looking at the impact they experience, if for example they experience a significant impact such as losing a lot of money then we can be sure that they gamble excessively and the reason they act excessively is because of the desire to make a profit. money quickly and instantly.

On the other hand, I do not rule out the possibility that there are certainly some gamblers who make gambling a fun place, although I don't know about the rational reasons for this, but yes, one thing, as you said, is caution, vigilance and awareness. they really have to be able to maintain it so they can avoid it
467  Economy / Gambling discussion / Re: Stopping the curse of losing streak? on: April 08, 2024, 03:10:11 PM
For me I would just take a break from gambling, I don't really like to try out other games I only play on games that I am comfortable with.
Whenever I am on a lose streak I would try to lessen the risk or be contented with small wins, and I don't really chase up my loss from my previous deposits, whenever I deposit to gamble I consider it as a fresh start and ignore the previous loss.

Fresh starts means no pressure or nothing to chase, it's a good start to try your luck and not to aim for recvering your previous losses, gambler who can manage to take a break and pause after sufferring from a huge defeats may have that chance to recover not in a quick process but with calm mindsets they will be able to make something decent and grab that money back.

It should not be a pressure but instead a good will and determination not to let your emotions to dominates, good mind control and balance with your finances, both works alongside to prevent losing more.

Every person or gambler has their own way of managing and especially minimizing emotions, such as thinking that when they make a new deposit everything will be repeated or what this means is a new start. On the other hand, I can't say whether this mindset will make it easier. whether you want to restore the situation or not, because it is clear that the possibility of losing is still a certain thing even though you are in a new gambling session, meaning that winning or losing is still a result that cannot be known early on.

But overall having a mindset like this will at least be useful for minimizing your emotions so that they don't dominate, because as in several cases that have happened, the inability to accept the fact of defeat can make your emotions run wild which in the end leads you to many unreasonable and irrational decisions that can potentially increase the amount of losses.
468  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: April 08, 2024, 02:53:44 PM
I hope so. Setting a record as undefeated league champions is an extraordinary achievement that only a few teams have been able to achieve in history. Not many teams can do that. Of course this will be a motivation for Leverkusen players because they have been able to maintain an unbeaten record for 28 matches in the league.

If they win against Werder Bremen then they will officially become champions! I hope that doesn't demotivate them from getting an unbeaten record in the league. Of course they will all be more focused on getting the treble winner and focusing their attention on the European league, but I hope that they can really maintain their record in the Bundesliga.
Currently there are many people who believe in that, because Bayer Leverkusen can definitely do this very well this season. Werder Bremen is an opponent that can be said to be quite easy for Bayer Leverkusen to beat in order to immediately lock in the Bundesliga title this season with a record of never losing in a season. However, the attention of many people is still focused on the Europa League because it is a little more challenging for Bayer Leverkusen in terms of winning trophies this season.

The amount of trust that Leverkusen has received from many parties is none other than because they have been extraordinary this season, especially their ability to maintain an unbeaten record, which we have to admit is a very difficult achievement for a team to achieve since the competition started. start. For me, this is a very interesting season in which we have been waiting for a long time for a team to be able to make it difficult for Bayern Munich in terms of maintaining their title dominance, and another surprise is as we know that Leverkusen's arrival came without warning, or that is to say they came with significant performance this season without showing any indication of last season, where last season they could be called a middle-class team which ended the last 5 matches at the end of the season without a win. But yes, this is a competition where many things look surprising, and yes, in the next match, Xabi Alonso's team will face Wender Bremen, and I agree with you, if we look at the strength of the two teams, it is clear that Leverkusen should be able to end the match easily. to ensure they win the title at the end of the season, on the other hand their journey in the Europa League is still quite long and for now I believe they can qualify for the preliminary round.
469  Economy / Trading Discussion / Re: Quick way to learn bitcoin trading on: April 08, 2024, 02:33:07 PM
I don't advise newbie traders to go in a way to "quickly" learn to trade. Don't do so, there's no shortcut to learning. There could be fast track way of learning but it will not be worth it because you'll still go through with the conventional way of learning how to trade including the experience that you'll have with it.

Start out with the theoretical way through reading those academies or books about the basic but the process of learning is much with the actual process of doing it.

There's no shortcut with that, you can shortcut the theoretical and reading but when you get into trading, if you wanna do the shortcut then you're more prone to losing.

Everything is always about the process of moving forward or developing a little more, everyone will only be able to gain knowledge from learning gradually and slowly, so of course there is no such thing as learning instantly and immediately knowing everything, that is impossible in any case and not in just the world of trading. Lessons are experiences, or what this means is that someone will only be able to gain knowledge from experience about events they have experienced, such as experiencing a loss because they were too hasty in making a decision, which means this situation teaches you a lesson not to trade in a hurry.

The book will only give you some basic theories which sometimes don't really fit with what happens in the market but at least it can help you and increase your knowledge of the basic understanding of a market, because you will only be able to know about the characteristics of the market along with its fluctuations. the price that occurs in the market when you have started entering the actual trade. And yes, it can be confirmed that short learning in trading will only make you or lead you to a greater possibility of loss because a lack of knowledge can increase the possibility of loss.
470  Economy / Gambling discussion / Re: Gambling is not place to make money is place to lose it? on: April 08, 2024, 02:14:09 PM
The existence of winning opportunities in gambling has always been the main reason for most gamblers, they come because they are interested in realizing these winning opportunities with the assumption and hope that gambling can be used as a place to earn or gambling can be used as an intermediary to change their lives into rich people in a short time. But what they don't think about is "there is nothing you can make instantly, let alone wealth", meaning that gambling is nothing more than a game of probability that only provides "possibilities" and not "certainties", and it is their wrong mindset that indirectly leads their lives to destruction through gambling. Yes it is true that winning comes as a result of a combination of skill and luck but mostly luck is more important, this is the reason that sometimes even though you have good skills but you still lose, it means that winning mostly refers to luck while we all cannot control luck, and this is also the reason why gambling is called full of uncertainty.

Indeed, many have experienced that those who only rely on the chance of winning, they will try to pursue it because based on their strong beliefs, gamblers are willing to play excessively in order to get the chance of winning, as I have also experienced, but slowly I began to realize that the opportunity to win was actually very difficult to achieve even though I was ready to lose money at that time, but as time went by I felt regret and thought about what stupid things I had done.
However, this has greatly influenced my learning and experience so that I don't see the chance of winning easily, but in reality, in the casino, luck is what will win the fate of all gamblers.

Well, you said that even though we come with a certain amount of money that we can afford to lose, sometimes winning is still a result that is difficult to achieve, especially when we come with the full intention and purpose of winning, which means that the idea will only make us feel even more disappointed when it turns out that at the end of the session you actually lost.

There are some people who can identify a problem and incident by taking a lesson from it and turning it into a lesson, like you did, where difficulties in seeking victory make you realize that all the sacrifices you have made have ended up being in vain. This is a pretty good mindset because with the ability to realize that what you are doing is wrong, it can make you more careful in the future, especially not to take actions that are too stupid which basically will only make ourselves feel even more disappointed, for me and What I always emphasize to myself is that I can always win at gambling when I'm lucky. By understanding the concept of luck, this can help me avoid excessive thinking due to worries.
471  Economy / Gambling discussion / Re: Do you believe in gambling experts predictions? on: April 08, 2024, 01:42:20 PM
Gambling experts are same people like us, they only have more years of experience probably than we do, but the prediction they make are also subjected to review because they are not always right, we can also give the same information's they offer if we know about gambling and others will follow, if it had been working perfectly and accurate with some of these experts, they would have maintain only that for themselves, people subscribe for their predictions and still fail, some that don't go for such may also win using their own personal efforts and knowledge on gambling and the particular game they are on.

Yes I just believe that they are people who have experience and a pretty good understanding in the world of trading but for the problem of the results of the predictions they do honestly I can't really believe it because after all the possibility of risk in gambling can never be avoided completely, meaning that no matter how good and good your skills in predicting gambling still in the end the possibility of defeat can still occur.

What I think doesn't make sense is that if it is true that they have the ability to always be able to produce wins with the accurate predictions they say then they should do it themselves and for themselves, not instead offer it to others with the requirement to pay a certain amount of money for the prediction, from this alone does not make sense, So in my opinion, one thing is that it is better for us to gamble using our own methods and feelings, because the fear is that it is not impossible that in the end you will blame those who are called experts when it turns out that the results lose, maybe I will not blame the experts too much but I will blame yourself for believing too much in something that basically does not make sense.
472  Economy / Trading Discussion / Re: Is trading good for beginners? on: April 08, 2024, 12:05:31 AM


While there are techniques that give you an overview of trading without investing any money like paper trading. But it's important to understand that real experience comes when you jump in with real cash. So one can't learn trading without investing money and its also impossible to avoid loses at very beginning. The solution to this deadlock is start with small amount or something you can afford to lose. Don't jump in with huge capital. 
Yup, the real money should come with real cash and trading. Those paper trading or demo accounts are purposely made for testing them and for the newbies to be familiarized with how trading works. If someone starts out of nothing and literally from zero, it will take time for them to understand the whole concept of the highly volatile markets that they're trading such as with the crypto market.

Right which means we have to admit that the presence of a demo account really helps us, especially beginners who are still in the learning stage or the adaptation stage with something new they see, they can use a demo account to learn about the basic concepts of trading as well as how to use some features to help analyze such as indicators or others, because obviously if for example as you say which if a beginner has to really start the learning stage completely from scratch without any idea then obviously it will be very difficult and take longer, even just to learn the basic concepts or nature of the market, not to mention other things that are much more complicated. But overall the demo account will only be useful to give you the understanding and knowledge that it is the market with its various properties and fluctuations that you will trade when you have entered the real account, because the real experience is when you have entered the real account where you trade with real money and you will feel a lot of pressure on your mental and psychological because of the fear of the risk of loss.
473  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: April 07, 2024, 11:46:22 PM
I think Leverkusen will be able to maintain their unbeaten record until the end of the season, Xabi Alonso squad has proven in 41 matches in all competitions by being unbeaten, they will definitely be able to do it in the remaining matches ahead. But what is more important is winning the Bundesliga trophy, which in my opinion is the initial goal of their struggle so far, and they will soon achieve this in the next match against Werder Bremen. Leverkusen will make the BayArena their place to party, and everyone involved in the club does not want to miss this opportunity.

It cannot be denied and no one thought that Leverkusen would be a little closer to becoming a team capable of breaking Bayern Munich dominance, which has lasted for more than a decade. Dortmund, who have been competing fiercely for the Bundesliga title, have not been able to do so, they should emulate the way Leverkusen won the trophy this season. Tuchel squad lost with a very wide difference in points, and Leverkusen will make new history in the Bundesliga.
What we have wanted to see all this time will finally come true, I don't mean not to expect Bayern Munich to become champions this season, but what I mean is that we want to see a team that can break the dominance of Bayern Munich who have dominated the Bundesliga for years. This is something that rarely happens and Leverkusen is the team that managed to do it.
I think apart from the title they want to get, they also want to achieve an unbeaten record for one season in the Bundesliga. I don't remember whether this has ever happened in the Bundesliga or whether this is the first time a team has recorded an unbeaten record, because as far as I remember, Bayern Mnuich has never achieved this record.
Xabi Alonso can really make Leverkusen extraordinary this season, he has shown that he is able to break the dominance of the team that has been in power and has always been the number 1 team in the Bundesliga. It won't be long before they will be crowned champions for the first time in more than a decade.

Yes this is what we are always waiting for, I am sure that there are some of us including myself who feel quite bored when we see the trophy at the end of the season always successfully won by Bayern Munich in a short period of time, until I think that maybe there are no more strong teams in the Bundesliga besides Tuchel's squad, but yes finally as we see that this season there is a surprise where we see that it turns out that Leverkusen is able to do it which indirectly makes us seem not to believe that the middle team last season can appear very extraordinary and surprising.

Initially I thought that it was Dortmund who would succeed in winning the title that was always dominated by Bayern Munich because as happened last season where they failed to win the trophy from Bayern Munich which made me assume that this season Dortmund would definitely appear more significant with the aim of breaking the dominance of Bayern Munich which had failed last season even though it was only one step away, But yes it turns out that my prediction was wrong and I'm sure that most Bundesliga fans would not have thought that it was Leverkusen who could do it because honestly before that I never saw any indication from Leverkusen that led to a change in performance this season. Their unbeaten record since the start of the season has impressed us greatly and this is the greatness of Xabi Alonso, and Leverkusen's chances of breaking Bayern Munich's dominance are even greater after Bayern Munich had to lose again in their previous match against Heidenheim.
474  Economy / Economics / Re: Technology and work ethics on: April 07, 2024, 11:21:59 PM
~Snip~

First of all, no organization fixes CCTV cameras without their staffs being aware so that in a case where a staff is caught doing unpleasant stuffs in the office, it can be traceable. Talking about privacy, it is only guaranteed at your most convenient private places and not in an establishment where everyone is at liberty to access wherever to want to within the scope of that environment of work.
We can't dispute the numerous aid technology has brought to mankind such that one can easily do anything even at your most convenient places however, the use of technology needs not to be abused because there are people in the society who uses this technology as a way to undue others which is very bad .

These cctv cameras are placed in offices at strategic locations, where your privacy is not compromised. Worry if inside the toilet/washroom, there are also cameras. But within office premises where they believe are important to have one, they will surely install for the benefit of the company as well as employees. If you have nothing to hide and just doing your work, you don't need to complain about such cameras.

I fully agree with your statement here that indeed the existence of CCTV cameras installed in several parts of the office room is actually only for the benefit of the company itself to ensure that its employees are really doing their job well, nothing more than that. As for privacy issues, I think this is another thing that should not be involved with work issues, CCTV is only to ensure that employees do their jobs properly and in accordance with what they have been instructed and in accordance with the tasks they have agreed to before entering the company.

On the other hand, the office atmosphere is not a place for you or any employee to show your privacy and the company also does not want to see your privacy because it is not the right time to show something that you think is private, they install CCTV nothing more than to ensure the productivity of the workers, we do not need to object or feel disturbed by such surveillance if we feel we have not done anything wrong.
475  Economy / Trading Discussion / Re: Quick way to learn bitcoin trading on: April 07, 2024, 11:04:06 PM
-snip-
Give them warning like:

Don't use leverages with hope to get rich. Use higher leverages means they have bigger risk to lose money faster.
Yes very risky, more beginners will only see that the trade can make them rich quickly, then trade futures with the most leverage, hoping to make bigger profits.
It will only make the risk of losing greater.

There are actually more problems that a beginner trader will experience with no knowledge at all.
And teaching them is like teaching a baby to start it all.

True and this is a fact that most beginners who have just come they see the world of trading as an intermediary or a quick way to become rich instantly, even though logically there is nothing instant in anything especially if we talk in terms of changing the fate of life. It is certain that there are some beginners who only see trading from one side, namely from the opportunity to get profits, even though what they don't know is that getting profits in trading is not as easy as turning your palm.

If you want to really make a profit in accordance with your expectations and expectations then obviously there must be something you sacrifice, such as sacrificing a lot of time to learn that there are even some traders who are now successful where he spent years in the learning process to be able to achieve success by getting consistent profits. However, trading is always about profit opportunities and risk of loss where you can minimize the risk of loss by having a lot of experience and knowledge, meaning that if you only have hopes of getting rich but do not have the experience and knowledge that is qualified then you will only get yourself into a lot of trouble. This is the thinking error that is usually in the minds of those beginners, being rational based on a reasonable mindset is recommended from the beginning of the engagement.
476  Economy / Trading Discussion / Re: Wait for the right set-up on: April 07, 2024, 10:44:28 PM
You are actually right bro, waiting for an opportunity before entering into the market is One of the safest way to navigate your way in the market, because trading is just like hunting for a prey, you need a strategy if you must be successful, and patience is one key that a trade needs to be successful, because you are more likely to win a trade when you are certain of a particular set up, than entering when not that sure, am saying so because as a trader that I am, I have tested this strategy, and it's has work for me severally, the only challenge is patience, because the market is very enticing, you will feel like that moment you are not trading, you would have made a lot of money if you had entered the market, and it's actually the psychological aspect of trading in full display, so if you are discipline enough and you decide to wait, bro, you will be very glad at the end that you waited, because it will be worth.

Discipline, patience are needed as traders in building our system and edge to make us profitable and successful as traders. Most traders tend to lose not because of ignorance  of what the market is saying but impatience to wait for the right set-up and moment to enter.

Waiting for the right set-up isn't  complete without taking the set-up which you were patient about.  So in as much we develop qualities in the market we should also milk it.

Yes, it is true that the cause of losses is not always about ignorance of how to trade properly or not because it is wrong to enter the market but these losses can also occur due to our inability to prepare something that we should have thought of being a preparation such as patience, many of the traders end up with losses due to being too fast or too hasty in starting or making decisions so that in the end they start open positions at the wrong moment or not right and end up experiencing losses because they put something not in the right place.

Actually there are many factors that can make us experience losses in the world of trading, not only because of the lack of knowledge or knowledge but carelessness can also be fatal, but on the other hand I am sure that over time if a trader is really serious in learning then they will definitely be able to make bad experiences as learning material not to repeat it again someday.
477  Economy / Trading Discussion / Re: How to handle emotions when you lose during trading. on: April 07, 2024, 10:21:08 PM

Overtrading is not good at all. It is bad for health and also it might lead to losses. But if a trader is good, as he is making money from trading, it will enliven him to be opening positions more often but and checking the market also more often. This is not good at all. Too much trading is not good.

If someone is doing overtrading, it may not have enough time to do technical analysis about the coin it wants to trade. If not because of eagerness to make quick money, why would someone be doing overtrading, when managing even one trading is not easy due to the risk trading involves? If someone involved itself by doing overtrading, it may likely to lose even if the person is a good trader, as the person is just trading to put themselves in a position of losing money in trading.
The reason is always about money or to make money faster and bigger so they trade in an excessive way, as in general that indeed all traders have the goal of making a profit, but all the results will be changed if you do it the wrong way or not right like treating trading activities in an excessive way which in any case something that is done in excess usually produces something bad.

After all trading always requires calmness in terms of decision making, but when you overdo it then yes obviously there is a big possibility that in the end instead of making a profit you end up with a lot of losses. Trading is difficult and sometimes when we spend too much time in the market then it is usually very easy for us to lose consciousness over time because of seeing market conditions that always seem to be a favorable moment which actually happens because your concentration and focus have begun to break down due to being there for too long which ends up with mistakes in decision making, this is the reason why we are advised to apply profit targets and loss limits, so that we don't stay in the market for too long.
478  Economy / Gambling discussion / Re: Gambling is not place to make money is place to lose it? on: April 07, 2024, 09:56:01 PM
Some may treat gambling as a means to make money due to the allure of potentially winning big, prioritizing the possibility of winning over acknowledging its uncertainty. I'm aware that we've also heard or read stories of people winning in gambling. These are the professional gamblers who have honed their skills and developed strategies to tilt the odds slightly more in their favor, such as card counting in blackjack or skilled poker playing. Some people do indeed get lucky and win significant sums of money. However, the majority of individuals end up losing money in the long run.

It is absolutely true, as you say, that many people are interested in getting into the world of gambling because they see the opportunity to win easily, from the many gambling games they see, of course they are very interested in placing bets in them.
Gambling games can be determined by skill and luck, but what dominates most in winning is luck which all gamblers cannot predict.

The existence of winning opportunities in gambling has always been the main reason for most gamblers, they come because they are interested in realizing these winning opportunities with the assumption and hope that gambling can be used as a place to earn or gambling can be used as an intermediary to change their lives into rich people in a short time. But what they don't think about is "there is nothing you can make instantly, let alone wealth", meaning that gambling is nothing more than a game of probability that only provides "possibilities" and not "certainties", and it is their wrong mindset that indirectly leads their lives to destruction through gambling. Yes it is true that winning comes as a result of a combination of skill and luck but mostly luck is more important, this is the reason that sometimes even though you have good skills but you still lose, it means that winning mostly refers to luck while we all cannot control luck, and this is also the reason why gambling is called full of uncertainty.
479  Other / Off-topic / Re: How you can benefits from your loss ? on: April 07, 2024, 09:37:19 PM
In gambling, losing is something we often experience, because winning in gambling is not an easy thing, especially if it is a big win. But apart from that, it all comes back to each individual in managing the gambling activity and in managing the winnings obtained. Big wins are quite difficult to get, therefore, when we are given this opportunity, take advantage and use the results of the victory as best as possible for things that are more useful and meaningful. Because not a few people, who get the opportunity to "achieve a big win in gambling" instead of making a withdrawal, they actually lose the results of that win by continuing to place bets with an even higher amount than before, because they think that winning and Luck was on his side, he hoped that he would get a bigger victory than before. In the end, the results of the victory could not be enjoyed, and the shadow of regret continued to haunt him all the time.

That's right, because losing is a possibility that will definitely happen wherever you gamble and in any type of gambling, because as we know that gambling is about winning and losing, it's just a matter of those two possibilities where we all will never know when we will be able to get a win especially in large quantities, meaning yes as you said if for example we managed to win in any amount then it is definitely a good idea and advice to better not waste the opportunity by cashing out as soon as possible before luck finally disappears and makes you lose again.

I don't think winning is difficult but getting the luck is because winning always depends on how lucky you are at the time of the session while the way luck works is always on an "occasional" basis that comes by chance and can never be known. This means that we must have the ability to ignore greed, do not assume that the winning situation is an opportunity to pursue recovery, because in some cases usually such a mindset will only lead you to regret because you lose all the money you have won before.
480  Economy / Gambling discussion / Re: Is it right to advice other people against gambling for personal reasons like?? on: April 07, 2024, 09:01:05 PM
It seems that the person really experienced a real loss of money, or the point is that he said a real life experience because seeing from his idea of begging everyone to read his experience of concern, and I think that the incident experienced by the person can really be used as a lesson here which means that even if for example in the initial stage you only gamble with a small amount but it is not impossible that in the end over time you will gamble with a very large amount.

Like the man who lost $60,000 starting from a $10 budget allocation, there was an increase and change in his gambling activities which over time he became more impulsive and aggressive in treating his gambling activities. Basically I would probably say that this kind of incident is quite normal if we go back and look at the things that are involved in gambling, which gambling can make a person fall into and get carried away without realizing it because of the many things that look very tempting that are difficult to ignore, but you can do something else to minimize the possibility of such bad things happening a little bit by not putting seriousness and hope in winning in gambling, make sure you only gamble when you want to and when you have the amount you can afford to lose, and also make sure you put a limit on the time of involvement. It's a choice, if you don't want to quit then you have to take and implement a lot of precautions along with being strict.
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