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Author Topic: I quit trading  (Read 230471 times)
Sled
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April 12, 2017, 03:16:39 AM
 #1281

Trading is risk and risk is not for everyone, not everyone can handle that so I can understand this decision. If you want to be successful trader you have to put a lot in that and be determined to succed and make profit. This also brings a lot of stress and disappointments so many people quit.
Yes trading is not for everyone because some of us always wants an easy money earning field and they think that trading is like that but they didn't know the risk of trading where they can easily lose their money if they are greedy in choosing a coin or investing in altcoins. If you want trading then determination and hard work is a must.

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April 12, 2017, 05:24:39 AM
 #1282

Trading is risk and risk is not for everyone, not everyone can handle that so I can understand this decision. If you want to be successful trader you have to put a lot in that and be determined to succed and make profit. This also brings a lot of stress and disappointments so many people quit.
Yes trading is not for everyone because some of us always wants an easy money earning field and they think that trading is like that but they didn't know the risk of trading where they can easily lose their money if they are greedy in choosing a coin or investing in altcoins. If you want trading then determination and hard work is a must.
Trading is for the people who have passion on it, I like to be a successful trader also but I know how hard the journey to be successful. I believe if we will work hard we can learn to master trading and the good thing with trading is when you will be able to master it already, you are gonna make constant profit, unlike in gambling that you are relying on your luck most of the time.

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April 12, 2017, 05:42:59 AM
 #1283

Trading is risk and risk is not for everyone, not everyone can handle that so I can understand this decision. If you want to be successful trader you have to put a lot in that and be determined to succed and make profit. This also brings a lot of stress and disappointments so many people quit.
Yes trading is not for everyone because some of us always wants an easy money earning field and they think that trading is like that but they didn't know the risk of trading where they can easily lose their money if they are greedy in choosing a coin or investing in altcoins. If you want trading then determination and hard work is a must.
Trading is for the people who have passion on it, I like to be a successful trader also but I know how hard the journey to be successful. I believe if we will work hard we can learn to master trading and the good thing with trading is when you will be able to master it already, you are gonna make constant profit, unlike in gambling that you are relying on your luck most of the time.
Yeah ,it is so hard to become a successful trader as it requires big patient to acquire skills and good knowledge .Skills and mastery how to trade for you go along with those any movements in trading will that can make you profit small or big it matters .

In some cases Learning is not enough for us to earn profit in that thing traders have big difference .We must apply what we have learn .If you dont apply ,you may end up always losing and thinking now to quit trading.

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April 12, 2017, 06:03:48 AM
 #1284

Trading is risk and risk is not for everyone, not everyone can handle that so I can understand this decision. If you want to be successful trader you have to put a lot in that and be determined to succed and make profit. This also brings a lot of stress and disappointments so many people quit.
Yes trading is not for everyone because some of us always wants an easy money earning field and they think that trading is like that but they didn't know the risk of trading where they can easily lose their money if they are greedy in choosing a coin or investing in altcoins. If you want trading then determination and hard work is a must.
Trading is for the people who have passion on it, I like to be a successful trader also but I know how hard the journey to be successful. I believe if we will work hard we can learn to master trading and the good thing with trading is when you will be able to master it already, you are gonna make constant profit, unlike in gambling that you are relying on your luck most of the time.
Yeah ,it is so hard to become a successful trader as it requires big patient to acquire skills and good knowledge .Skills and mastery how to trade for you go along with those any movements in trading will that can make you profit small or big it matters .

In some cases Learning is not enough for us to earn profit in that thing traders have big difference .We must apply what we have learn .If you dont apply ,you may end up always losing and thinking now to quit trading.
Application of the knowledges that you got in trading is a must because it will help you to master those skills that you learn from studying the market. Patient and dedication is one of the characteristic of a good trader because it means that he can manage the best negative enemies for him like the emotions where he can resist the temptation and don't quit trading.

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April 12, 2017, 04:12:44 PM
 #1285

there may be time to get out of trading, when the price rose to a high bitcoin. Well, it never hurts to stop trading for a while. but, when you quit for good, I think it will only make you lose, especially when you have an expert in such matters.

Quitting for good is your decision. Theres no guarantee in trading. We all know that trading is like gambling and also risky. If you dont know what coin you are holding better prepare yourself to be rekt and get hurt.
i do not think that trading is as risky as gambling. to me i think gambling is more risky than trading. in trading we use our skill and experience while in gambling we mostly depend of our luck.
yeah trading is really not risky because people are earning bitcoin in good amount through trading because bitcoin price is going to higher value and a lot of people buying bitcoin with low price and then hold it for high price .
I don’t think trading is too risky either myself but I can see why one might want to stop after a while and use what they’ve earned. Although if I understand correctly he initially had 7 BTC more than he does now?

Well, anyway if I were the OP I would take half of that and convert it into his local fiat currency in order to be prepared for anything that happens to bitcoin. The rest I would invest and see what happens, or maybe buy something with it.

Trading is not that much risky, and It is very easy and simple. Buy coins at a low price and sell it on high price that's it. for this we don't need to take any class. But the thing is we must know where we will get coins at a low price and where we want to sell our coins for a high price. If we are aware this trick, then it is easy to do trading

It looks more like that you are just inexperienced

Trading is easy and simple when the price is constantly growing, and you can actually do something like "buy low, sell high", i.e. sell when the price hits a high and buy when it hits a low after a correction. It would be interesting to see you losing money when the price starts falling after you start catching knives (the "buy low" part). What will you do then? Sell at a loss or just keep waiting with a likely unfounded hope that the price will revert eventually

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April 12, 2017, 10:27:34 PM
 #1286

there may be time to get out of trading, when the price rose to a high bitcoin. Well, it never hurts to stop trading for a while. but, when you quit for good, I think it will only make you lose, especially when you have an expert in such matters.

You will actually lose, lose a lot of opportunity. Instead of using the time for more profitable things in bitcoin but you chose to quit. Then you surely will lose a lot of things with bitcoin. But if you are not going to quit right now and just take time to relax instead of quitting. It's more better to hear that word.

no problem for me to stop trading, because there are few other jobs are more prospective, if we think over the fact that we live in this world has a certain talent in the field, I have expertise in trade, but there is work that can't be divided by time for trading, I decided to quit while not know when it will come back again.

Well if you have assurance that you can nail a good that fast then that's fine. But why would you waste your expertise in trading and don't expand your knowledge for it. Because if I were, it's going to be a good thing if you are going to have your real job why doing some trades. Don't forget that the market is becoming bigger each day.



.
.BITVEST DICE.
HAS BEEN RELEASED!


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Sled
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April 13, 2017, 12:58:37 AM
 #1287

there may be time to get out of trading, when the price rose to a high bitcoin. Well, it never hurts to stop trading for a while. but, when you quit for good, I think it will only make you lose, especially when you have an expert in such matters.

You will actually lose, lose a lot of opportunity. Instead of using the time for more profitable things in bitcoin but you chose to quit. Then you surely will lose a lot of things with bitcoin. But if you are not going to quit right now and just take time to relax instead of quitting. It's more better to hear that word.

no problem for me to stop trading, because there are few other jobs are more prospective, if we think over the fact that we live in this world has a certain talent in the field, I have expertise in trade, but there is work that can't be divided by time for trading, I decided to quit while not know when it will come back again.

Well if you have assurance that you can nail a good that fast then that's fine. But why would you waste your expertise in trading and don't expand your knowledge for it. Because if I were, it's going to be a good thing if you are going to have your real job why doing some trades. Don't forget that the market is becoming bigger each day.
He leaves in trading because he can't manage his time to balance his work and trading at the same time. It is good for him to sacrifice one of his source of income because it will be good for him to focus in just one job. If he don't leave trading then he will suffer panicking each day in balancing the right time for work and trading and it might cause for him to experience bad results.

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April 13, 2017, 11:07:48 AM
 #1288

there may be time to get out of trading, when the price rose to a high bitcoin. Well, it never hurts to stop trading for a while. but, when you quit for good, I think it will only make you lose, especially when you have an expert in such matters.

You will actually lose, lose a lot of opportunity. Instead of using the time for more profitable things in bitcoin but you chose to quit. Then you surely will lose a lot of things with bitcoin. But if you are not going to quit right now and just take time to relax instead of quitting. It's more better to hear that word.

no problem for me to stop trading, because there are few other jobs are more prospective, if we think over the fact that we live in this world has a certain talent in the field, I have expertise in trade, but there is work that can't be divided by time for trading, I decided to quit while not know when it will come back again.

Well if you have assurance that you can nail a good that fast then that's fine. But why would you waste your expertise in trading and don't expand your knowledge for it. Because if I were, it's going to be a good thing if you are going to have your real job why doing some trades. Don't forget that the market is becoming bigger each day.
He leaves in trading because he can't manage his time to balance his work and trading at the same time. It is good for him to sacrifice one of his source of income because it will be good for him to focus in just one job. If he don't leave trading then he will suffer panicking each day in balancing the right time for work and trading and it might cause for him to experience bad results.

I'm the one regretting that losing his other source of income. Because for me, it's not that bad to focus on a single job but it is not that bad too if you are going to have 2 or more source of income. But if there's a conflict of interest and his time isn't enough for managing all of them, it's his choice. Maybe someday he will comeback again.



.
.BITVEST DICE.
HAS BEEN RELEASED!


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cardoyasilad
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April 13, 2017, 12:59:04 PM
 #1289

Trading is risk and risk is not for everyone, not everyone can handle that so I can understand this decision. If you want to be successful trader you have to put a lot in that and be determined to succed and make profit. This also brings a lot of stress and disappointments so many people quit.
There is always a risk not for trading only if you want to make profit then face the risk. You can lessen or avoid the risk in tradinh if you have knowledge on it

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295% GROWTH IN SALES
TOKENIZING INFLUENCERS GLOBALLY
|130 PEOPLE TEAM
70 MARKETS
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J Gambler
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April 13, 2017, 01:54:30 PM
 #1290

Trading is risk and risk is not for everyone, not everyone can handle that so I can understand this decision. If you want to be successful trader you have to put a lot in that and be determined to succed and make profit. This also brings a lot of stress and disappointments so many people quit.
There is always a risk not for trading only if you want to make profit then face the risk. You can lessen or avoid the risk in tradinh if you have knowledge on it
If you are not ready to lose then you're not ready to become winner this is the only words that make me strong when I'm facing risk to earn money those faith those hopefulness those keep me strong all the time and to avoid loosing analyze first then do what ever you do to earn. Always gained experience and apply that knowledge you leared.

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April 13, 2017, 02:05:36 PM
 #1291

there may be time to get out of trading, when the price rose to a high bitcoin. Well, it never hurts to stop trading for a while. but, when you quit for good, I think it will only make you lose, especially when you have an expert in such matters.

You will actually lose, lose a lot of opportunity. Instead of using the time for more profitable things in bitcoin but you chose to quit. Then you surely will lose a lot of things with bitcoin. But if you are not going to quit right now and just take time to relax instead of quitting. It's more better to hear that word.

no problem for me to stop trading, because there are few other jobs are more prospective, if we think over the fact that we live in this world has a certain talent in the field, I have expertise in trade, but there is work that can't be divided by time for trading, I decided to quit while not know when it will come back again.

Well if you have assurance that you can nail a good that fast then that's fine. But why would you waste your expertise in trading and don't expand your knowledge for it. Because if I were, it's going to be a good thing if you are going to have your real job why doing some trades. Don't forget that the market is becoming bigger each day.
He leaves in trading because he can't manage his time to balance his work and trading at the same time. It is good for him to sacrifice one of his source of income because it will be good for him to focus in just one job. If he don't leave trading then he will suffer panicking each day in balancing the right time for work and trading and it might cause for him to experience bad results.

I'm the one regretting that losing his other source of income. Because for me, it's not that bad to focus on a single job but it is not that bad too if you are going to have 2 or more source of income. But if there's a conflict of interest and his time isn't enough for managing all of them, it's his choice. Maybe someday he will comeback again.

Actually I think the decision he made was right. Trading should not be done full time because it is not a stable job. If you can't balance your time

between the two of them it is a wise decision to give up the other one to give way to something that should be prioritized and that is his offline work.

Maybe when he gets a vacation he can use that time to trade again.

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deisik
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April 13, 2017, 02:31:27 PM
 #1292

Trading is risk and risk is not for everyone, not everyone can handle that so I can understand this decision. If you want to be successful trader you have to put a lot in that and be determined to succed and make profit. This also brings a lot of stress and disappointments so many people quit.
There is always a risk not for trading only if you want to make profit then face the risk. You can lessen or avoid the risk in tradinh if you have knowledge on it
If you are not ready to lose then you're not ready to become winner this is the only words that make me strong when I'm facing risk to earn money those faith those hopefulness those keep me strong all the time and to avoid loosing analyze first then do what ever you do to earn. Always gained experience and apply that knowledge you leared

How could that be?

Personally, I don't think that you should get or be ready to lose. As I understand it you should think more about winning, not losing. You are ready to lose, you have basically already lost. A winner doesn't think about losses since thinking about them will move them closer to you. When you are ready to accept the losses, you will likely do less to actually escape them than when you think about winning

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April 13, 2017, 03:21:12 PM
 #1293

None has a strong reason to quit trading. Very few say that mining is not profiting much so they quit. Most of the active traders and following the simple concept of buy low and sell high. This is not possible not all the time, at times based on price movement the profit margin need to be reduced to sustain long in trading.

Very precisely. Only for those who have not understood about trading that would say that a trading is the very thing that harms or just give a small profit. Because of trading essentially is the place for those who can understand and comprehend the margins on trading, if indeed they do not understand and comprehend the margin then it will be difficult. And to be able to understand and grasp the margin then it should be able to analyze each trading
 


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aardvark15
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April 13, 2017, 04:42:59 PM
 #1294

None has a strong reason to quit trading. Very few say that mining is not profiting much so they quit. Most of the active traders and following the simple concept of buy low and sell high. This is not possible not all the time, at times based on price movement the profit margin need to be reduced to sustain long in trading.

Very precisely. Only for those who have not understood about trading that would say that a trading is the very thing that harms or just give a small profit. Because of trading essentially is the place for those who can understand and comprehend the margins on trading, if indeed they do not understand and comprehend the margin then it will be difficult. And to be able to understand and grasp the margin then it should be able to analyze each trading
 

Right now might be a good time to buy Bitcoin as the price has dropped some. If you can time your trading correctly, you will be able to increase your Bitcoins over time.

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April 13, 2017, 05:03:10 PM
 #1295

So guys, after 2 years of trading i am going to stop. (unless i have full time to trade, which i currently don't)

I have calculated all my trades on the various platforms i have used in the last couple years.

Deposited: 47BTC (roughly)

Withdrew: 40BTC (roughly)

Overall i am happy with the results, i would pay 7 BTC anyday for what i have learned so far.

Now the question is: what the fuck do i do now with my money.
managing finances is essential that you know how much profit or loss may be that your mistakes in manage so before taking action to sell you should calculate how much the price is right for the profit.


It is why he wants to quit trading because instead of calculating profit, he is calculating his losses and he is more afraid to lose.

That's not bad if you are going to quit if you think that you aren't going to grow but still you've got enough capital.

Once you already invest another amount then he can possibly gain his losses only if he has the guts to do so.
op just to quick to move , if i am not wrong back in september 2015 the price of bitcoin are around $220 means 47 x 220 = $10,340 , he has lost 7 bitcoin means 7 x 220 = $1,540 . if he still hold bitcoin until now , all of it won't be a loss , but still a profit as today bitcoin price around $1,200.

40 bitcoin left means 40 x $1,200 = $48,000. he is not in loss , he is on completely profit more than 400% !

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April 13, 2017, 08:35:59 PM
 #1296

None has a strong reason to quit trading. Very few say that mining is not profiting much so they quit. Most of the active traders and following the simple concept of buy low and sell high. This is not possible not all the time, at times based on price movement the profit margin need to be reduced to sustain long in trading.

Very precisely. Only for those who have not understood about trading that would say that a trading is the very thing that harms or just give a small profit. Because of trading essentially is the place for those who can understand and comprehend the margins on trading, if indeed they do not understand and comprehend the margin then it will be difficult. And to be able to understand and grasp the margin then it should be able to analyze each trading
 

Right now might be a good time to buy Bitcoin as the price has dropped some. If you can time your trading correctly, you will be able to increase your Bitcoins over time.
yes that is very right to say that it is the best time to invest in bitcoin because the price of bitcoin is trading as low and it is expected that the price of bitcoin will increase more and more.
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April 14, 2017, 06:23:17 AM
 #1297

there may be time to get out of trading, when the price rose to a high bitcoin. Well, it never hurts to stop trading for a while. but, when you quit for good, I think it will only make you lose, especially when you have an expert in such matters.

You will actually lose, lose a lot of opportunity. Instead of using the time for more profitable things in bitcoin but you chose to quit. Then you surely will lose a lot of things with bitcoin. But if you are not going to quit right now and just take time to relax instead of quitting. It's more better to hear that word.

no problem for me to stop trading, because there are few other jobs are more prospective, if we think over the fact that we live in this world has a certain talent in the field, I have expertise in trade, but there is work that can't be divided by time for trading, I decided to quit while not know when it will come back again.

Well if you have assurance that you can nail a good that fast then that's fine. But why would you waste your expertise in trading and don't expand your knowledge for it. Because if I were, it's going to be a good thing if you are going to have your real job why doing some trades. Don't forget that the market is becoming bigger each day.
He leaves in trading because he can't manage his time to balance his work and trading at the same time. It is good for him to sacrifice one of his source of income because it will be good for him to focus in just one job. If he don't leave trading then he will suffer panicking each day in balancing the right time for work and trading and it might cause for him to experience bad results.

I'm the one regretting that losing his other source of income. Because for me, it's not that bad to focus on a single job but it is not that bad too if you are going to have 2 or more source of income. But if there's a conflict of interest and his time isn't enough for managing all of them, it's his choice. Maybe someday he will comeback again.

Actually I think the decision he made was right. Trading should not be done full time because it is not a stable job. If you can't balance your time

between the two of them it is a wise decision to give up the other one to give way to something that should be prioritized and that is his offline work.

Maybe when he gets a vacation he can use that time to trade again.

I respect his decision for quitting trading with his reasons and I don't want to question it any longer. Because there might be the time that I'm going to be on his shoe and will certainly do the same thing when I'm out of time for doing things that I need to do.



.
.BITVEST DICE.
HAS BEEN RELEASED!


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Rainbot
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April 14, 2017, 09:07:17 AM
 #1298

Right now might be a good time to buy Bitcoin as the price has dropped some. If you can time your trading correctly, you will be able to increase your Bitcoins over time.

It dropped slightly, but not enough to make current price a good buying moment. Especially if you take into consideration that we are far away from seeing Bitcoin finally scale. In that regard, expect the price to drop more than has been the case already. Only good thing about this situation is that the market is going through some decent ups and downs from time to time. It's indeed a perfect time for traders, but not so much for the average Bitcoiner. Trading the volatility doesn't only require a good level of market understanding, but also steel balls, because in times of volatility, you can't always rely fully on your experience.

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April 14, 2017, 10:39:30 AM
 #1299

there may be time to get out of trading, when the price rose to a high bitcoin. Well, it never hurts to stop trading for a while. but, when you quit for good, I think it will only make you lose, especially when you have an expert in such matters.
Yes of course if we stop trading we'll stop earning those  high profits but all the experts can't simply trade and earn profit as you need timing and sometimes the timing won't be suiting us and  it becomes really stressful to trade. Sometimes money is not the only thing just remember to gain momey most of the time we have to sacrifice something.
To trade and also earn money easily then you need a lot of time to sacrifice in able to get knowledge that you can so the timing will be not a problem for you because you already know what to do next and what are the things to consider in doing your future trades. Money is not a normal thing and we should work hard to get that because if we have money then we can literally get almost we want because in the world, money is like a boss and if you got money then you can be and get respected like a boss.
What you are saying is sad but also true. We are in a world were people have forgotten that there is something called family , something called to enjoy and not just run after money all the time. As a trader of course we obviously know what to do next but the timing is bad. For example i knew that dash is going to increase soon but i was still waiting for perfect results and i finally bought dash at 4 am in night. I did get a really good profit in long run but because of trading i was getting daily headaches and anxiety. I did take a break and felt way better.

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April 14, 2017, 12:52:45 PM
 #1300

None has a strong reason to quit trading. Very few say that mining is not profiting much so they quit. Most of the active traders and following the simple concept of buy low and sell high. This is not possible not all the time, at times based on price movement the profit margin need to be reduced to sustain long in trading.

Very precisely. Only for those who have not understood about trading that would say that a trading is the very thing that harms or just give a small profit. Because of trading essentially is the place for those who can understand and comprehend the margins on trading, if indeed they do not understand and comprehend the margin then it will be difficult. And to be able to understand and grasp the margin then it should be able to analyze each trading
 

Right now might be a good time to buy Bitcoin as the price has dropped some. If you can time your trading correctly, you will be able to increase your Bitcoins over time.
yes i also think that it will be a right decision. as the price is still trading below 1200 USD therefore it is still good time to trade bitcoin and secure a good position. because the price can go increase at any time.
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