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Author Topic: Are You Disappointed In Trading?  (Read 62575 times)
analyst100
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December 17, 2016, 11:37:25 AM
 #1

“One of the keys to a trader’s success was not the results of a trade but rather how a trader reacted to the results of a trade.” – Dan Gamza

Why me? Why did this happen to me? Those are some of the questions that disturb losing traders. After a series of losses, some of them develop hatred for trading. Suffering that results from negative trades, drawdowns and margin calls can make people easily disappointed in trading.

Nonetheless, no matter how bad your trading is, it could’ve been worse. No matter how bad things are, there are still some reasons to be thankful, if you can think deep.

There are events that move the markets and which professionals focus on. These events often are filled with uncertainties, bringing profits and losses to people. Just some months ago, Greece was a hot topic, and speculators were mulling opening positions on the seemingly overextended markets, but some had serious misgivings. At times, the stakes may be higher than the rewards.

There Is Really Nothing Like Losses

There is really nothing like losses, for what brings losses to some people is what brings profits to others. The market moves up or down – not losing up or down. When you buy EURUSD and it goes up, you win (but a seller will lose). When you sell AUDJPY and it goes up, you lose (but a buyer will win). When you enter a direction in the market and it moves seriously in your favor, all those who go in that direction will make money, provided there are no wide differences in their entry prices.

What you call losses is what brings profits to some people. What you call profits is what brings losses to some people.

People Don’t Learn Their Lessons

Despite well-meaning efforts to solve the problem of loss, there are millions of traders around the world who’re still losing because of dangerous trading habits. People don’t learn their lessons.

During a funeral process, many attendees will be remorseful, thinking about the brevity of life and futility of wickedness, anxiety, love of money and so on. But once the funeral is done, you’ll see many of those attendees living their lives as if they’d not die again.

Too many traders lost in the past because they didn’t use stop loss on live and simulated accounts. When they come back to trading, you’ll see them using the same trading approaches that led to their downfall the last time, namely, high lot sizes and no stop loss. People don’t learn their lessons.

Traders who test new trading ideas on demos don’t use stops; and I wonder how that idea can survive on live accounts in the long haul, because they may apply it to a demo account once they’ve been lucky enough to gather some gains.

A Way Out?
After many years of grappling with the markets, traders who complained in the past may later show their gratitude; and for the fact that the markets cannot be blamed for what happen to them (though we may feel disappointed sometimes). There are days when they become sad, and they complain when they think of their seeming helplessness. Nonetheless, they’d have come to understand that the markets don’t set out to punish individuals.

Interacting with good traders as well as reading about super successful ones would’ve made them stronger psychologically and kept their spirits up.

Reflecting on a possibility of a risk-free trading approach reassures those who’re currently losing. Good trading coaches care about them, knowing full well that the end of their struggles is in sight. Focusing on such hope can give a trader the fortitude to endure certain negativity now.

Conclusion: Are you disappointed in trading? Well those who currently make loads of money from trading were once disappointed at some time in their careers. Those whose marriage is now successful were at one time, frustrated by their spouse. But these people, for example, profitable traders (as well as happily married persons), looked for solutions to their problems and apply those solutions faithfully. That doesn’t mean they’re luckier or better than others: that means they’re able to overcome the causes of frustrations and disappointment in their careers.

This article is ended with the quote below:

“Markets are people. So beating them asks for insight in what they are doing. And, perhaps more importantly, how they feel, because that will direct their future actions and, in the end, what markets will do.” – Dirk Vandycke

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December 17, 2016, 01:55:08 PM
 #2

This is one of the best articles I have ever read on trading habit, money management and trading reality. I am an advocate of money management principle if you have been following my post in this forum. Newbies, thought, they can control the market through their trading strategy and entered trading based of signal send to them by those making their living through those signals. I have learned that forex market has its emotions, habits and mind different from individual trader, this means no one can control the market and become of this the trader saving grace is his or her stop loss policy.

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December 17, 2016, 07:17:40 PM
 #3

I am not disappointed in trading cause of I have not ever tried to trade. That's high risk system especially with bitcoin, cause if bitcoin hasn't any kind of support and who knows what is going to be with bitcoin tomorrow. I prefer to make money the old basic way by doing some work and getting payment for it.

   
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December 17, 2016, 07:28:25 PM
 #4

I am not disappointed in trading cause of I have not ever tried to trade. That's high risk system especially with bitcoin, cause if bitcoin hasn't any kind of support and who knows what is going to be with bitcoin tomorrow. I prefer to make money the old basic way by doing some work and getting payment for it.
But if you compare the risks of Bitcoin trading with the risk of the stock market, I think the risk-reward ratio is much better for Bitcoin. The important step that must be respected is to not invest more than ten percent of your capital into it, and have good sources of information to try to predict changes in the market.
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December 17, 2016, 07:32:03 PM
 #5

Yeah, I'm not disappointed because I don't trade all that much.  Over the years I've learned that I don't like taking losses and don't have the constitution of a real trader.   So I'm now mainly a buy-and-hold investor.  Much less anxiety doing it that way.


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December 17, 2016, 08:51:07 PM
 #6

But if you compare the risks of Bitcoin trading with the risk of the stock market, I think the risk-reward ratio is much better for Bitcoin.

with stocks you have more of a fighting chance of analysing and executing trades based on actual information and fundamentals. most of the time with bitcoin you're at the mercy of a chinese bucket shop making up the numbers or bitfinex choosing to crap out/clean out their customers.

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December 17, 2016, 09:23:12 PM
 #7

But if you compare the risks of Bitcoin trading with the risk of the stock market, I think the risk-reward ratio is much better for Bitcoin.

with stocks you have more of a fighting chance of analysing and executing trades based on actual information and fundamentals. most of the time with bitcoin you're at the mercy of a chinese bucket shop making up the numbers or bitfinex choosing to crap out/clean out their customers.

Another thing with trading stocks is that whatever (can be just 5-10% per year) profits people make, they seem to be satisfied after a year. With Bitcoin even when the price has nearly doubled in value, people still aren't happy where they start moaning and complaining about a stable period of a few weeks, or traders securing profits. I think it has to do with the fact that people investing/trading stocks are more mature, and better educated.

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December 17, 2016, 09:26:52 PM
 #8

Another thing with trading stocks is that whatever (can be just 5-10% per year) profits people make, they seem to be satisfied after a year. With Bitcoin even when the price has nearly doubled in value, people still aren't happy where they start moaning and complaining about a stable period of a few weeks, or traders securing profits. I think it has to do with the fact that people investing/trading stocks are more mature, and better educated.

yes. i'll guess that the majority of crypto traders, especially alt traders, have never been anywhere near a real stock market. the internet has melted their brains and they wouldn't be able to cope with how boring certain stock movements can be.

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December 17, 2016, 11:49:55 PM
 #9

The bold text clears many things in traders mind and people should understand that trading is not like playing a game with earned coins which you can reset forget and come back again, once your money is gone it can't go back (or restart the game), patient is number one, then learning from mistakes is a big thing etc.


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December 18, 2016, 01:33:07 AM
 #10

iam never Disappointed about trading
fluctiatif is no problem, iam only learn about pivot poin, resistance and support price
so if support price i can buy and resistance price iam sell

in your personal text message aaccount about tallinex
what is tallinex, and broker regulate or not
and what is finance institution is regulate in tallinex



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December 18, 2016, 01:43:04 AM
 #11

iam never Disappointed about trading
fluctiatif is no problem, iam only learn about pivot poin, resistance and support price
so if support price i can buy and resistance price iam sell

in your personal text message aaccount about tallinex
what is tallinex, and broker regulate or not
and what is finance institution is regulate in tallinex
I also not disappointed at all from long as trading .
But found some lazy things in Bitcoin if we have very less amount of Bitcoin to trade .
Actually trading  is not the way to get profit from one altcoin to another altcoin sell ,  it is the work of patience to wait  for the price of the cryptocurrency for which you invested you .


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freetrades11
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December 18, 2016, 03:12:20 AM
 #12

Training can be disappointing when the markets go upside down, but if you are trading, then you usually understand that markets go up and down, and with the good comes the bad, and I haven't been robbed as bad on trading as other scams (mostly mining scams), and defninitely doesn't make me as upset as gamblbing, which can make the money come or go really fast.

Overall, I love trading coins, and that is why I am in this industry.  I trade on all major exchanges, but call Alcurex my home exchange since it is small and convenient, with great customer service and friendly members.
veleten
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December 18, 2016, 03:55:41 AM
 #13

a very good article-a must read for all traders,especially the beginners
it is very important to keep a cool head and use stop loss when trading live
also one has to understand that you can't make 100% successful trades,you are bound to lose at times
so instead of blaming gods,markets and whatnot just move forward

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pooya87
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December 18, 2016, 04:30:48 AM
 #14

changed your expectations to match the reality more and you will never be disappointed in life ever again. i see many who expect to get rich over night, and they buy 0.01BTC or they throw their money at many different altcoins thinking that altcoin is going to replace bitcoin and go to the moon!
just don't do these two things and life will become great again.

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December 18, 2016, 07:04:55 AM
 #15

Trading can be disappointed sometimes. Ive traded some
altcoins and experienced disappointment because at first
I did not learn my lessons in trading. Thus, can be diasppointed
when selling some coins at a lower price, market really
goes and updown trend.


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davis196
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December 18, 2016, 07:05:15 AM
 #16

“One of the keys to a trader’s success was not the results of a trade but rather how a trader reacted to the results of a trade.” – Dan Gamza

Why me? Why did this happen to me? Those are some of the questions that disturb losing traders. After a series of losses, some of them develop hatred for trading. Suffering that results from negative trades, drawdowns and margin calls can make people easily disappointed in trading.

Nonetheless, no matter how bad your trading is, it could’ve been worse. No matter how bad things are, there are still some reasons to be thankful, if you can think deep.

There are events that move the markets and which professionals focus on. These events often are filled with uncertainties, bringing profits and losses to people. Just some months ago, Greece was a hot topic, and speculators were mulling opening positions on the seemingly overextended markets, but some had serious misgivings. At times, the stakes may be higher than the rewards.

There Is Really Nothing Like Losses

There is really nothing like losses, for what brings losses to some people is what brings profits to others. The market moves up or down – not losing up or down. When you buy EURUSD and it goes up, you win (but a seller will lose). When you sell AUDJPY and it goes up, you lose (but a buyer will win). When you enter a direction in the market and it moves seriously in your favor, all those who go in that direction will make money, provided there are no wide differences in their entry prices.

What you call losses is what brings profits to some people. What you call profits is what brings losses to some people.

People Don’t Learn Their Lessons

Despite well-meaning efforts to solve the problem of loss, there are millions of traders around the world who’re still losing because of dangerous trading habits. People don’t learn their lessons.

During a funeral process, many attendees will be remorseful, thinking about the brevity of life and futility of wickedness, anxiety, love of money and so on. But once the funeral is done, you’ll see many of those attendees living their lives as if they’d not die again.

Too many traders lost in the past because they didn’t use stop loss on live and simulated accounts. When they come back to trading, you’ll see them using the same trading approaches that led to their downfall the last time, namely, high lot sizes and no stop loss. People don’t learn their lessons.

Traders who test new trading ideas on demos don’t use stops; and I wonder how that idea can survive on live accounts in the long haul, because they may apply it to a demo account once they’ve been lucky enough to gather some gains.

A Way Out?
After many years of grappling with the markets, traders who complained in the past may later show their gratitude; and for the fact that the markets cannot be blamed for what happen to them (though we may feel disappointed sometimes). There are days when they become sad, and they complain when they think of their seeming helplessness. Nonetheless, they’d have come to understand that the markets don’t set out to punish individuals.

Interacting with good traders as well as reading about super successful ones would’ve made them stronger psychologically and kept their spirits up.

Reflecting on a possibility of a risk-free trading approach reassures those who’re currently losing. Good trading coaches care about them, knowing full well that the end of their struggles is in sight. Focusing on such hope can give a trader the fortitude to endure certain negativity now.

Conclusion: Are you disappointed in trading? Well those who currently make loads of money from trading were once disappointed at some time in their careers. Those whose marriage is now successful were at one time, frustrated by their spouse. But these people, for example, profitable traders (as well as happily married persons), looked for solutions to their problems and apply those solutions faithfully. That doesn’t mean they’re luckier or better than others: that means they’re able to overcome the causes of frustrations and disappointment in their careers.

This article is ended with the quote below:

“Markets are people. So beating them asks for insight in what they are doing. And, perhaps more importantly, how they feel, because that will direct their future actions and, in the end, what markets will do.” – Dirk Vandycke


Very helpfull article although i hate to read long text. Grin

It`s wrong to put emotions into trading,the frustration can make things even worse.



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traderethereum
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December 18, 2016, 08:02:49 AM
 #17

my disappointed is sometimes when i bought the coins in low price, the price is getting to low than i bought and when i sell, the price is getting to high than i sell, so the profit i made is not much than the price is high. and sometimes, i made wrong analysis to predict or decide the price is going to down or to up. but i think i need to learn about this.

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December 18, 2016, 08:06:52 AM
 #18

Very good perspective about traders, those were the actual feelings I felt everytime my trade went south, I sometimes felt like trading was not for me because of the frustrations for not having the right moment to get that winning trades.
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December 18, 2016, 09:23:52 AM
 #19

my disappointed is sometimes when i bought the coins in low price, the price is getting to low than i bought and when i sell, the price is getting to high than i sell, so the profit i made is not much than the price is high. and sometimes, i made wrong analysis to predict or decide the price is going to down or to up. but i think i need to learn about this.

if that is a common thing happening to you then you are making some fundamental mistakes.
it is normal if things like that happen, it happens to all of us, because we can not always predict the future. but these cases are rare if you know when to buy and when to sell. you always have to buy in a dip or when you think price is about to go up. and also even in case price went down you have to sell and then buy back at the bottom not sell and go away.

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jam1nut0
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December 18, 2016, 12:07:40 PM
 #20

No i am not because i earn at least few $ every week
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