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Author Topic: Are You Disappointed In Trading?  (Read 64620 times)
iMaster
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April 20, 2017, 07:03:02 PM
 #381

i don't get disappointed that easily. of course there is a big difference between getting frustrated or even sad about a decision than getting disappointed.
i believe that every action that i take is one more step towards a better decision next time, even when i make a bad decision it means i won't make it again because i tend to learn from my mistakes and move on fast.
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April 20, 2017, 10:24:46 PM
 #382

To @OP , you should be patient in trading. Me too got disappointed sometime in trading when my coin pick goes down and losing value. But, if you follow and monitor  stable altcoins, its just normal in a regular trading, the ups and downs.Better research first or look on the graph so that you might have idea for the said coin.

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April 21, 2017, 06:03:47 PM
 #383

To @OP , you should be patient in trading. Me too got disappointed sometime in trading when my coin pick goes down and losing value. But, if you follow and monitor  stable altcoins, its just normal in a regular trading, the ups and downs.Better research first or look on the graph so that you might have idea for the said coin.
In trading, patience is very important. Don't be panic when your coin pick goes down and losing value. This will happen in trading, and if it happens only trading will get value otherwise if the price is stable, then there is no value to doing trading. So don't disappoint when your pick will go down wait for some time you will get good returns.
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April 21, 2017, 07:15:59 PM
 #384

In trading, patience is very important. Don't be panic when your coin pick goes down and losing value. This will happen in trading, and if it happens only trading will get value otherwise if the price is stable, then there is no value to doing trading. So don't disappoint when your pick will go down wait for some time you will get good returns.
If you study about the required knowledge and skills for no-loss (when there is only profits in trading, there will be no disappointments) trading experience, I believe our lifetime will not be enough to learn them. Hence, patiences must be one out of million requirement for better trading. I mean to say we cannot define few characteristics to get developed to avoid disappointments in trading.

Continuous learning must be the very big requirement for trading. It means we need to learn from our mistakes and we should avoid repeating mistakes. This will help any trader to avoid disappointments.
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April 21, 2017, 07:32:14 PM
 #385

To @OP , you should be patient in trading. Me too got disappointed sometime in trading when my coin pick goes down and losing value. But, if you follow and monitor  stable altcoins, its just normal in a regular trading, the ups and downs.Better research first or look on the graph so that you might have idea for the said coin.
In trading, patience is very important. Don't be panic when your coin pick goes down and losing value. This will happen in trading, and if it happens only trading will get value otherwise if the price is stable, then there is no value to doing trading. So don't disappoint when your pick will go down wait for some time you will get good returns.

Yeah, patience is certainly a prerequisite for "long-term" investors (otherwise known as bag-holders). A wise man once said that doing the same thing over and over again while expecting different results is bordering on insanity. In fact, patience is last resort of a typical bag-holder. So when you think you need patience (i.e. you feel kinda uneasy) think again if the risks you are taking are not actually coming from you not knowing what you are doing

And no, you need not tell me who was that wise man

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April 22, 2017, 12:13:09 PM
 #386

Whenever we trade, the first thing we need to have is discipline, as with out it, we cannot succeed and self-control is impossible without the same. Even if we lose, we need to have such a sportsmanship spirit in us to take a loss too in a decisive manner, means that it was our own decision and we accept it. If not, the trader will take more wrong decisions without being into discipline and might lose his whole capital.
i think in trading, we need more patient specially if we are going to trade something for long term, in trading we also need good strategy and planing if we want to make profit and become successful in trading. trading also need good experience and skill, if you have good skill and experience in trading then you can  really be more successful in trading.
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April 22, 2017, 12:29:19 PM
 #387

In my early days when i would lose some amount, I became very disappointed.But like any other business, you can't always have profit.
Trading also has up and downside.Do not invest more than you can lose.And remember do not get greedy Cheesy

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April 22, 2017, 12:54:37 PM
 #388

“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

Yes,i lost around 0.1 btc by trading in altcoins.I was a newcomer to trading at that time.I invested in new altcoins seeing its price rising very quick without knowing that it is being pumped and sold it at very low price than which i bought.Now i dont show interest in investing in altcoins as most of them are just pump and dump coins.
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April 22, 2017, 01:24:51 PM
 #389

i only dissapointed when im trading newbie,
out of control then bust all.

but my interest on trading, so. no more emo. haha
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April 22, 2017, 02:14:09 PM
 #390

Great article man, something worth reading for all.
As for me, No i'm not disappointed, though there have been times when I've wished I should have waited, hold on, or sold or bought, but I just move on from those phases with a lesson and experience that I feel is worth more than all of the could've and should've.
As is the case with everything else I do, I do trading to become better at it, to learn from every trade is just as important as the profit you're making from it if not more. So that's my mind set, and it does not let me be down or disappointed.
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April 22, 2017, 02:35:48 PM
 #391

I do not regret trading. Maybe i regret at the beginning i did it because it really gave me considerable loss. But, when I have understood the path of trading, I never regret trading. Even I want to keep trading, because it gives big advantage.
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April 22, 2017, 02:37:05 PM
 #392

No for crypto trading but yes for forex trading.  Grin. Crypto trading can be easy to predict, totally different from forex (too many speculation). Not sure in the future if crypto trading will be same like forex.

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April 22, 2017, 02:39:59 PM
 #393

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.

Your idea was good and well explained. I know what you want to say that the value of bitcoin isn't that stable so that there are risk of getting your money wasted. Instead of growing, your money will get shrinked. But for me, I didn't even try to trade many times but I tried ot one time and the outcome is good and I earn high amount even the value of bitcoin are so low that time.

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April 22, 2017, 02:47:35 PM
 #394

To @OP , you should be patient in trading. Me too got disappointed sometime in trading when my coin pick goes down and losing value. But, if you follow and monitor  stable altcoins, its just normal in a regular trading, the ups and downs.Better research first or look on the graph so that you might have idea for the said coin.
In trading, patience is very important. Don't be panic when your coin pick goes down and losing value. This will happen in trading, and if it happens only trading will get value otherwise if the price is stable, then there is no value to doing trading. So don't disappoint when your pick will go down wait for some time you will get good returns.

Yep. Patient is a virtue in trading. Do not let your fear overcome you and thinks that your money will be scam or will go to nothing because if your thoughts are always negative, nothing will happen and 50%-80% of your negative thinking will happen. So don'tyou ever think that you will not earn in trading perhaps think that trading will make you rich and you will earn an income. Goodluck for the first timers.


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terrate
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April 22, 2017, 02:53:28 PM
 #395

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.

Your idea was good and well explained. I know what you want to say that the value of bitcoin isn't that stable so that there are risk of getting your money wasted. Instead of growing, your money will get shrinked. But for me, I didn't even try to trade many times but I tried ot one time and the outcome is good and I earn high amount even the value of bitcoin are so low that time.

yes bitcoin world u can applied it, as we don't when bitcoin got hacked or what thing then down, it is technology thing.
If trading in company shares and even forex is different. Richer are trading for rich.
 
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April 23, 2017, 01:46:58 AM
 #396

No, I am not because I have earned some money in Forex trading in short period of time of my trading but I know still Forex is a risky business and it needs the lot of hard work, patience and motivation to succeed. So I always try to learn more and more and want to test my strategies with the demo account before real trading.

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April 23, 2017, 02:00:53 AM
 #397

No for crypto trading but yes for forex trading.  Grin. Crypto trading can be easy to predict, totally different from forex (too many speculation). Not sure in the future if crypto trading will be same like forex.
Yes you are right trading forex is more huge risk losing money because of on trading forex, we can not hold positions and must be cut lost and it is mean we are losing money in trading forex, but in trading crypto coins we can hold the positions if we are wrong positions buy or sell and wait and see up to the price going up or down, depend on the strategy trading of traders.
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April 23, 2017, 09:54:36 AM
 #398

No i'm definitely happy with trading as it helped me double the amount of btc i had maybe in a year or more. The most important thing required is patience i remember when dash price was at 20$ and it increased to 25$ suddenly. I had a feeling it would increase so i went all in and got a really good profit selling all my dash at 95$ or something near it. Plus risk is also important if you don't take risk then it will be hard for you and another thing is invest in the coin which has buy orders otherwise you will end up having that useless coins
But I haven't rally traded much with bitcoins though I have bought and sold bitcoins at countless number of occasions.

I usually try to translate a few thread to my local language or get some free coins via other bounty methods like FB like and share and a lot more, this is beneficial in two ways, basically first you would never panic if price goes high or lo since you got them free. The other is this is a no investment trading.
That is a good strategy. I used to do this before i had a lot of free coins like this but unfortunately most of them were like those shit coins. They had a value of 0.1 btc but they were only sell orders and no buy orders
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April 24, 2017, 02:09:54 PM
 #399

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.
I agree in every thing you will do you can may little mistake but do not think about it as a bad thing for you because mistake is a part of success. Always remember that in trading there is always a risk so if you will going to start on trading you need to ready yourself on the risk you may encounter. For me the best way to lessen the risk in trading for you to be not disappointed is to read first and study the basic principle on trading. You may read on the forum with a topic of trading so you will know the basic thing on starting on a trading. Then just work hard and give your full dedication do at the end you will not regret all your tradings.
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April 24, 2017, 03:26:31 PM
 #400

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.
Disappointment is part of trade and you most disciplined your self in other to continue after a big loss in trading. But did you know why most people are disappointed when ever they loss in trade? They trading strategy is not working and their don't have principle of money management. If your don't want to be disappointed in trading then, treat trading as a business and not ponzi scheme, hyip and scam business.

Of course none of us don't want that to be happen, but since disappointment is a tail of it, all we need to do is to learn how to stand and learn to handle those circumstances every time we were in the midst of actual trading. Therefore, applying self control and self discipline must implement unto it.
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