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Author Topic: I quit trading  (Read 242485 times)
deadpoolx
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January 08, 2017, 10:29:33 PM
 #1081

You need patience in trading and that is very important. Trading is the best option rather than gambling. And if you really want to quit, you better open stores and convert some of it into your currency and save them to the bank for your future needs.

I agree that we get good returns in trading as compared to that of gambling. One should not think the loss of trading as actual loss because he gets some experience with that loss and probably next time he can avoid the same mistake. I see the loss of trading as fees to learn trading (and loss in gambling as fees to learn to gamble.. lolz No). When you can earn good returns with calculated risks (in gambling, it is not possible).

Gambling should in no shape or form be seen as something that is close to whatever investment or doing trading. Especially when you look at the most popular gambling games. It's pure luck that people depend on. I often hear people saying that they found a dice method to constantly win, but that's simply impossible. It may work out for them at start as the luck is with them, but at some point their luck runs out, and thus that method will be worthless. It's of course always a great thing to learn from mistakes in trading that resulted in you losing money, but the point is that you actually learn from what you did wrong. In many cases people constantly make the same mistakes, and end up losing money. It doesn't always work for people as some of them don't learn anything.

Absolutely agree with you sir, it doesn’t make any sense when someone repeats same mistakes again and again. It doesn’t matter if a person is doing a mistake and avoiding it every next time when he is trading because that is what he has paid for it. Expert is the one who has committed maximum unique mistakes and knows how to avoid them next time.
This is certainly what successful traders do. They do not throw away past experiences, even though such experiences are about losses. Instead, they stop to think, studying such events to try to find the cause of it and use that information to avoid future failures. I think that every trader that intends to earn living from it, should consider such aspects. From what I see, most traders lose at first, but experience is something that really makes a difference in the long run.
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January 08, 2017, 10:50:32 PM
 #1082

You need patience in trading and that is very important. Trading is the best option rather than gambling. And if you really want to quit, you better open stores and convert some of it into your currency and save them to the bank for your future needs.

I agree that we get good returns in trading as compared to that of gambling. One should not think the loss of trading as actual loss because he gets some experience with that loss and probably next time he can avoid the same mistake. I see the loss of trading as fees to learn trading (and loss in gambling as fees to learn to gamble.. lolz No). When you can earn good returns with calculated risks (in gambling, it is not possible).

Gambling should in no shape or form be seen as something that is close to whatever investment or doing trading. Especially when you look at the most popular gambling games. It's pure luck that people depend on. I often hear people saying that they found a dice method to constantly win, but that's simply impossible. It may work out for them at start as the luck is with them, but at some point their luck runs out, and thus that method will be worthless. It's of course always a great thing to learn from mistakes in trading that resulted in you losing money, but the point is that you actually learn from what you did wrong. In many cases people constantly make the same mistakes, and end up losing money. It doesn't always work for people as some of them don't learn anything.

Well said, we all used to think that gambling would be a way to make infinite amounts of money, rob the house off their entire bankroll, etc. etc. I've thought before when I was new to gambling that there was a secret strategy that would give me massive amounts of profit.

Obviously, that is not true at all. If you want to make money the last thing you should be is to gamble. Trading without knowledge is also a bad decision to make.
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January 09, 2017, 01:40:30 AM
 #1083

You need patience in trading and that is very important. Trading is the best option rather than gambling. And if you really want to quit, you better open stores and convert some of it into your currency and save them to the bank for your future needs.

I agree that we get good returns in trading as compared to that of gambling. One should not think the loss of trading as actual loss because he gets some experience with that loss and probably next time he can avoid the same mistake. I see the loss of trading as fees to learn trading (and loss in gambling as fees to learn to gamble.. lolz No). When you can earn good returns with calculated risks (in gambling, it is not possible).

Gambling should in no shape or form be seen as something that is close to whatever investment or doing trading. Especially when you look at the most popular gambling games. It's pure luck that people depend on. I often hear people saying that they found a dice method to constantly win, but that's simply impossible. It may work out for them at start as the luck is with them, but at some point their luck runs out, and thus that method will be worthless. It's of course always a great thing to learn from mistakes in trading that resulted in you losing money, but the point is that you actually learn from what you did wrong. In many cases people constantly make the same mistakes, and end up losing money. It doesn't always work for people as some of them don't learn anything.

Absolutely agree with you sir, it doesn’t make any sense when someone repeats same mistakes again and again. It doesn’t matter if a person is doing a mistake and avoiding it every next time when he is trading because that is what he has paid for it. Expert is the one who has committed maximum unique mistakes and knows how to avoid them next time.
This is certainly what successful traders do. They do not throw away past experiences, even though such experiences are about losses. Instead, they stop to think, studying such events to try to find the cause of it and use that information to avoid future failures. I think that every trader that intends to earn living from it, should consider such aspects. From what I see, most traders lose at first, but experience is something that really makes a difference in the long run.
That's what makes you successful because you learn from your mistakes. If trading is really your passion, you have to believe that "winners never quit and quitters never win".

It's true that along the way you will fail but what matters is you have to rise every time you fall.

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nasipadang
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January 09, 2017, 03:05:45 AM
 #1084

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.
I think it's better you buy gold as a form of investment, with the amount of money you have the better  investment and from what you experienced 2 years of trading like you're not suited for this

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Babayega31
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January 09, 2017, 06:35:03 AM
 #1085

You need patience in trading and that is very important. Trading is the best option rather than gambling. And if you really want to quit, you better open stores and convert some of it into your currency and save them to the bank for your future needs.

I agree that we get good returns in trading as compared to that of gambling. One should not think the loss of trading as actual loss because he gets some experience with that loss and probably next time he can avoid the same mistake. I see the loss of trading as fees to learn trading (and loss in gambling as fees to learn to gamble.. lolz No). When you can earn good returns with calculated risks (in gambling, it is not possible).

Gambling should in no shape or form be seen as something that is close to whatever investment or doing trading. Especially when you look at the most popular gambling games. It's pure luck that people depend on. I often hear people saying that they found a dice method to constantly win, but that's simply impossible. It may work out for them at start as the luck is with them, but at some point their luck runs out, and thus that method will be worthless. It's of course always a great thing to learn from mistakes in trading that resulted in you losing money, but the point is that you actually learn from what you did wrong. In many cases people constantly make the same mistakes, and end up losing money. It doesn't always work for people as some of them don't learn anything.

Absolutely agree with you sir, it doesn’t make any sense when someone repeats same mistakes again and again. It doesn’t matter if a person is doing a mistake and avoiding it every next time when he is trading because that is what he has paid for it. Expert is the one who has committed maximum unique mistakes and knows how to avoid them next time.
This is certainly what successful traders do. They do not throw away past experiences, even though such experiences are about losses. Instead, they stop to think, studying such events to try to find the cause of it and use that information to avoid future failures. I think that every trader that intends to earn living from it, should consider such aspects. From what I see, most traders lose at first, but experience is something that really makes a difference in the long run.
That's what makes you successful because you learn from your mistakes. If trading is really your passion, you have to believe that "winners never quit and quitters never win".

It's true that along the way you will fail but what matters is you have to rise every time you fall.

Even you fail there is hope in a long run and that's not the reason you are quiting in trading, not all the time you fall and fall, as days gone by there will be uprising you and soon you will have firm decisions and your skill will develop and this helps you a lot with the right investments. Trading actually is highl profitable when it comes to good decision making and also being equipt with such info will help you a better trader so there is no need to quit all you need is to keep your stand no matter what discouragements is.

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January 09, 2017, 06:49:01 AM
 #1086

At the same time, I believe they must be needing some break to re-evaluate about their skill on trading. Because that will be helping them to sharpen their skills for a better trading.
Yes, we need to respect the decisions of some dejected traders like they are taking break from their continuous trading life. But quitting trading should not be permanent. They must find some time to enhance their trading skills and hopefully will come back into trading just to recover what they would have lost earlier.

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bravehearth0319
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January 09, 2017, 01:30:00 PM
 #1087

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.

Well according to your story here you invested 47BTC and now you have 40BTC which means you loss 7BTC, now if you decided to quit here its not our loss but yours. But if I were you why don't you try to hold your coin until bitcoin increase the value at the right time.
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January 09, 2017, 04:29:29 PM
 #1088

You need patience in trading and that is very important. Trading is the best option rather than gambling. And if you really want to quit, you better open stores and convert some of it into your currency and save them to the bank for your future needs.

I agree that we get good returns in trading as compared to that of gambling. One should not think the loss of trading as actual loss because he gets some experience with that loss and probably next time he can avoid the same mistake. I see the loss of trading as fees to learn trading (and loss in gambling as fees to learn to gamble.. lolz No). When you can earn good returns with calculated risks (in gambling, it is not possible).

Gambling should in no shape or form be seen as something that is close to whatever investment or doing trading. Especially when you look at the most popular gambling games. It's pure luck that people depend on. I often hear people saying that they found a dice method to constantly win, but that's simply impossible. It may work out for them at start as the luck is with them, but at some point their luck runs out, and thus that method will be worthless. It's of course always a great thing to learn from mistakes in trading that resulted in you losing money, but the point is that you actually learn from what you did wrong. In many cases people constantly make the same mistakes, and end up losing money. It doesn't always work for people as some of them don't learn anything

As much as I would love to agree with this (that gambling is nowhere close to investment by any metric), the policy of truth still requires me to object to your claim. Obviously, I don't mean dice casinos where you are basically exchanging your coins for the fun and pleasure of gambling as well as testing the level of your luck. That should be evident to any sane individual (as an aside, trading is not very different from gambling in this regard given that over 90% of so-called traders are losing in the long run). Here I refer to the games which also require skill along with luck. For example, one such game is poker where it is said that skill ultimately outplays luck...

I guess this kind of gambling may be worth investing in (i.e. investing in your skill and then reaping the fruits of your success)

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January 10, 2017, 05:32:14 AM
 #1089

You need patience in trading and that is very important. Trading is the best option rather than gambling. And if you really want to quit, you better open stores and convert some of it into your currency and save them to the bank for your future needs.

I agree that we get good returns in trading as compared to that of gambling. One should not think the loss of trading as actual loss because he gets some experience with that loss and probably next time he can avoid the same mistake. I see the loss of trading as fees to learn trading (and loss in gambling as fees to learn to gamble.. lolz No). When you can earn good returns with calculated risks (in gambling, it is not possible).

Gambling should in no shape or form be seen as something that is close to whatever investment or doing trading. Especially when you look at the most popular gambling games. It's pure luck that people depend on. I often hear people saying that they found a dice method to constantly win, but that's simply impossible. It may work out for them at start as the luck is with them, but at some point their luck runs out, and thus that method will be worthless. It's of course always a great thing to learn from mistakes in trading that resulted in you losing money, but the point is that you actually learn from what you did wrong. In many cases people constantly make the same mistakes, and end up losing money. It doesn't always work for people as some of them don't learn anything

As much as I would love to agree with this (that gambling is nowhere close to investment by any metric), the policy of truth still requires me to object to your claim. Obviously, I don't mean dice casinos where you are basically exchanging your coins for the fun and pleasure of gambling as well as testing the level of your luck. That should be evident to any sane individual (as an aside, trading is not very different from gambling in this regard given that over 90% of so-called traders are losing in the long run). Here I refer to the games which also require skill along with luck. For example, one such game is poker where it is said that skill ultimately outplays luck...

I guess this kind of gambling may be worth investing in (i.e. investing in your skill and then reaping the fruits of your success)

Some years ago I would agree with deisik's opinion about poker, but today the poker tables have many bots. So as I see it the only kind of gambling where someone must have any experience except luck is playing in sporting gamble sites.
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January 10, 2017, 06:18:18 AM
 #1090

At the same time, I believe they must be needing some break to re-evaluate about their skill on trading. Because that will be helping them to sharpen their skills for a better trading.
Yes, we need to respect the decisions of some dejected traders like they are taking break from their continuous trading life. But quitting trading should not be permanent. They must find some time to enhance their trading skills and hopefully will come back into trading just to recover what they would have lost earlier.

It is just like quitting in gambling, he say that he will quit for awhile but afterwards he is going to gamble again. And that's the same thing with traders, they are going to quit for awhile and do trading again upon seeing that the price of bitcoin is getting higher and higher. Taking a break in trading is good but quitting trading totally is not going to be a good idea.
well for sure if trading again gather OP's interest and with the way bitcoin moves right now for sure he will think back and see if what is the potential or he will assess it if he will comeback or leave it all behind we can't really say if he's statement is concrete enough for him to completely move away from trading.
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January 10, 2017, 10:44:19 AM
Last edit: January 10, 2017, 05:46:57 PM by deisik
 #1091

You need patience in trading and that is very important. Trading is the best option rather than gambling. And if you really want to quit, you better open stores and convert some of it into your currency and save them to the bank for your future needs.

I agree that we get good returns in trading as compared to that of gambling. One should not think the loss of trading as actual loss because he gets some experience with that loss and probably next time he can avoid the same mistake. I see the loss of trading as fees to learn trading (and loss in gambling as fees to learn to gamble.. lolz No). When you can earn good returns with calculated risks (in gambling, it is not possible).

Gambling should in no shape or form be seen as something that is close to whatever investment or doing trading. Especially when you look at the most popular gambling games. It's pure luck that people depend on. I often hear people saying that they found a dice method to constantly win, but that's simply impossible. It may work out for them at start as the luck is with them, but at some point their luck runs out, and thus that method will be worthless. It's of course always a great thing to learn from mistakes in trading that resulted in you losing money, but the point is that you actually learn from what you did wrong. In many cases people constantly make the same mistakes, and end up losing money. It doesn't always work for people as some of them don't learn anything

As much as I would love to agree with this (that gambling is nowhere close to investment by any metric), the policy of truth still requires me to object to your claim. Obviously, I don't mean dice casinos where you are basically exchanging your coins for the fun and pleasure of gambling as well as testing the level of your luck. That should be evident to any sane individual (as an aside, trading is not very different from gambling in this regard given that over 90% of so-called traders are losing in the long run). Here I refer to the games which also require skill along with luck. For example, one such game is poker where it is said that skill ultimately outplays luck...

I guess this kind of gambling may be worth investing in (i.e. investing in your skill and then reaping the fruits of your success)

Some years ago I would agree with deisik's opinion about poker, but today the poker tables have many bots. So as I see it the only kind of gambling where someone must have any experience except luck is playing in sporting gamble sites.

I don't play poker, I don't even know the precise rules of the game, I just heard that it still has a lot of human factor built in, and I certainly like the entourage. Besides, Bill Gates and Warren Buffett are said to be often playing poker between themselves, so that should mean something, shouldn't it? On the other hand though, the Go game was also previously thought as not very suitable for brute-forcing (unlike, for example, chess) since it has by far more alternatives to evaluate per move, but just a few days before New Year some Go bot, which is suspected to be further development of the AlphaGo program won over all players at Tygem, a Go server, and then switched to FoxGo, another Go server, where it had again crushed all competition (with only one game ending in a draw)...

So, how likely is something like that in poker?

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January 10, 2017, 05:19:05 PM
 #1092

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.

Well according to your story here you invested 47BTC and now you have 40BTC which means you loss 7BTC, now if you decided to quit here its not our loss but yours. But if I were you why don't you try to hold your coin until bitcoin increase the value at the right time.
yes i will also suggest you to hold bitcoin and not to sell it. because the price of bitcoin is going to increase again. the present down fall is just a market correction and hope that very soon the price of bitcoin will start increasing again.

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Wowcoin
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January 10, 2017, 08:57:04 PM
 #1093

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.

Well according to your story here you invested 47BTC and now you have 40BTC which means you loss 7BTC, now if you decided to quit here its not our loss but yours. But if I were you why don't you try to hold your coin until bitcoin increase the value at the right time.
yes i will also suggest you to hold bitcoin and not to sell it. because the price of bitcoin is going to increase again. the present down fall is just a market correction and hope that very soon the price of bitcoin will start increasing again.

I would suggest you to trade again and don't quit if you already quit because opportunity is always there all you need to do is monitor the bitcoin trend and be updated of the price fluctuations, hold your bitcoin for the maintime then sell if price becomes higher again so your profit will gain much better. Don't be easily get discourage if there is falling of price because it's normal in trading and its always part of investment.
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January 10, 2017, 09:30:28 PM
 #1094

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.

Well according to your story here you invested 47BTC and now you have 40BTC which means you loss 7BTC, now if you decided to quit here its not our loss but yours. But if I were you why don't you try to hold your coin until bitcoin increase the value at the right time.
yes i will also suggest you to hold bitcoin and not to sell it. because the price of bitcoin is going to increase again. the present down fall is just a market correction and hope that very soon the price of bitcoin will start increasing again.

I would suggest you to trade again and don't quit if you already quit because opportunity is always there all you need to do is monitor the bitcoin trend and be updated of the price fluctuations, hold your bitcoin for the maintime then sell if price becomes higher again so your profit will gain much better. Don't be easily get discourage if there is falling of price because it's normal in trading and its always part of investment.

It is not a good strategy for me if you are a good trader you have to make sure that you are making a good profit in trading.. if you bought today price at level 800 sample is 1 btc at 800 value if the price was increase at 850 usd you can sell 25% of you bitcoin or 50% of you bitcoin so that you have the rest bitcoin that you can sell next time if the price will continue to increase so that you can be lose..

Make crypto as your bank.
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January 12, 2017, 08:10:29 AM
 #1095

At the same time, I believe they must be needing some break to re-evaluate about their skill on trading. Because that will be helping them to sharpen their skills for a better trading.
Yes, we need to respect the decisions of some dejected traders like they are taking break from their continuous trading life. But quitting trading should not be permanent. They must find some time to enhance their trading skills and hopefully will come back into trading just to recover what they would have lost earlier.

It is just like quitting in gambling, he say that he will quit for awhile but afterwards he is going to gamble again. And that's the same thing with traders, they are going to quit for awhile and do trading again upon seeing that the price of bitcoin is getting higher and higher. Taking a break in trading is good but quitting trading totally is not going to be a good idea.
no i think quiting trading is not so easy. because to quit gambling you just not put your money in gambling any more but when we speak about quiting in trading you have to quit your whole system. you have to withdraw your whole money that is circulating in the market.
klf
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January 12, 2017, 08:42:07 AM
 #1096

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.

Well according to your story here you invested 47BTC and now you have 40BTC which means you loss 7BTC, now if you decided to quit here its not our loss but yours. But if I were you why don't you try to hold your coin until bitcoin increase the value at the right time.
yes i will also suggest you to hold bitcoin and not to sell it. because the price of bitcoin is going to increase again. the present down fall is just a market correction and hope that very soon the price of bitcoin will start increasing again.

I would suggest you to trade again and don't quit if you already quit because opportunity is always there all you need to do is monitor the bitcoin trend and be updated of the price fluctuations, hold your bitcoin for the maintime then sell if price becomes higher again so your profit will gain much better. Don't be easily get discourage if there is falling of price because it's normal in trading and its always part of investment.

It is not a good strategy for me if you are a good trader you have to make sure that you are making a good profit in trading.. if you bought today price at level 800 sample is 1 btc at 800 value if the price was increase at 850 usd you can sell 25% of you bitcoin or 50% of you bitcoin so that you have the rest bitcoin that you can sell next time if the price will continue to increase so that you can be lose..

I think OP not interested in trading because he traded a couple of years but the returns are zero, and he lost 7 BTC. So my suggestion is if you are not interested in continuing in trading, Better make the investment. You have enough money to invest 40 BTC is not a small amount. So you can invest on reputed sites. I think you will get good profit from this investment. This is just my opinion because you have only two options now Invest or Gamble. Choose your best choice.
The_Dark_Knight
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January 17, 2017, 01:08:17 AM
 #1097

At the same time, I believe they must be needing some break to re-evaluate about their skill on trading. Because that will be helping them to sharpen their skills for a better trading.
Yes, we need to respect the decisions of some dejected traders like they are taking break from their continuous trading life. But quitting trading should not be permanent. They must find some time to enhance their trading skills and hopefully will come back into trading just to recover what they would have lost earlier.

It is just like quitting in gambling, he say that he will quit for awhile but afterwards he is going to gamble again. And that's the same thing with traders, they are going to quit for awhile and do trading again upon seeing that the price of bitcoin is getting higher and higher. Taking a break in trading is good but quitting trading totally is not going to be a good idea.
no i think quiting trading is not so easy. because to quit gambling you just not put your money in gambling any more but when we speak about quiting in trading you have to quit your whole system. you have to withdraw your whole money that is circulating in the market.
Quiting trading unlike quiting gambling is a lot easier, since you only need to close your open positions and get back your money, quiting gambling can be very difficult especially if someone is addicted to it.
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January 17, 2017, 02:03:38 AM
 #1098

At the same time, I believe they must be needing some break to re-evaluate about their skill on trading. Because that will be helping them to sharpen their skills for a better trading.
Yes, we need to respect the decisions of some dejected traders like they are taking break from their continuous trading life. But quitting trading should not be permanent. They must find some time to enhance their trading skills and hopefully will come back into trading just to recover what they would have lost earlier.

It is just like quitting in gambling, he say that he will quit for awhile but afterwards he is going to gamble again. And that's the same thing with traders, they are going to quit for awhile and do trading again upon seeing that the price of bitcoin is getting higher and higher. Taking a break in trading is good but quitting trading totally is not going to be a good idea.
no i think quiting trading is not so easy. because to quit gambling you just not put your money in gambling any more but when we speak about quiting in trading you have to quit your whole system. you have to withdraw your whole money that is circulating in the market.
Quiting trading unlike quiting gambling is a lot easier, since you only need to close your open positions and get back your money, quiting gambling can be very difficult especially if someone is addicted to it.

Yes and trading is more beneficial rather than with gambling so it is better if you are not going to quit with trading. There are a lot of people sees that trading should be one of the best way of investment to be considered as good way of earning. It's just a matter of failure in the beginning to learn on how the market moves, don't just get discourage.



 

 

 

 

 

 


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January 17, 2017, 02:10:26 AM
 #1099

At the same time, I believe they must be needing some break to re-evaluate about their skill on trading. Because that will be helping them to sharpen their skills for a better trading.
Yes, we need to respect the decisions of some dejected traders like they are taking break from their continuous trading life. But quitting trading should not be permanent. They must find some time to enhance their trading skills and hopefully will come back into trading just to recover what they would have lost earlier.

It is just like quitting in gambling, he say that he will quit for awhile but afterwards he is going to gamble again. And that's the same thing with traders, they are going to quit for awhile and do trading again upon seeing that the price of bitcoin is getting higher and higher. Taking a break in trading is good but quitting trading totally is not going to be a good idea.
no i think quiting trading is not so easy. because to quit gambling you just not put your money in gambling any more but when we speak about quiting in trading you have to quit your whole system. you have to withdraw your whole money that is circulating in the market.
I disagree. Giving up gambling is much more difficult, but for reasons other than those you mentioned. The reason I think giving up gambling is more difficult is that it is usually easier for a person to get addicted to gambling. So far, I do not know anyone who got addicted to trading.

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January 17, 2017, 08:22:59 AM
 #1100

At the same time, I believe they must be needing some break to re-evaluate about their skill on trading. Because that will be helping them to sharpen their skills for a better trading.
Yes, we need to respect the decisions of some dejected traders like they are taking break from their continuous trading life. But quitting trading should not be permanent. They must find some time to enhance their trading skills and hopefully will come back into trading just to recover what they would have lost earlier.

It is just like quitting in gambling, he say that he will quit for awhile but afterwards he is going to gamble again. And that's the same thing with traders, they are going to quit for awhile and do trading again upon seeing that the price of bitcoin is getting higher and higher. Taking a break in trading is good but quitting trading totally is not going to be a good idea.
no i think quiting trading is not so easy. because to quit gambling you just not put your money in gambling any more but when we speak about quiting in trading you have to quit your whole system. you have to withdraw your whole money that is circulating in the market.
I disagree. Giving up gambling is much more difficult, but for reasons other than those you mentioned. The reason I think giving up gambling is more difficult is that it is usually easier for a person to get addicted to gambling. So far, I do not know anyone who got addicted to trading.

Yeah you got that point right there dude. Gambling combines leisure with money risking and i think trading is also not like that. Though i also agree that the only way we can get better in trading is we do not quit. I'm pretty sure all successful and experienced traders all had times when they lost money as well but that should serve as a lesson for us so we won't commit the same mistakes again

 
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