futile-resistance
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December 15, 2017, 12:44:21 PM |
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I experience this a lot of times. It's hard because I know that we are all expecting a good result or positive changes in our coin in the market but so far, it's like 90% of my altcoins are all disappointments for me. Long term isn't really profitable because bitcoin always reach all time highs.
I will never disappointed in trading because I am doing trading with different places so if I faced problem from one place then I will cover this loss from other place and I have confidence on my trading and when I faced loss I will start learning form my loss. Losses always are the best recovery tools for you. You need to get experience from them only then these losses can be turned over into profits. If you only waiting from the profits and you think. Dude I don’t want any loss in my life. Believe me you can never be an expert trader. Consider it is an immense step that you must have in your trading life so that results at the end would be better.
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clarkt
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December 15, 2017, 12:47:18 PM |
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Trading is what it is! You win some and you lose some. You can not always win all the time. I am excited about trading because the decentralized nature of cryptocurrency is creating opportunity hitherto might not have been available!
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19mlmendoza82
Member
Offline
Activity: 84
Merit: 10
AQGmvEGdwBDWpNmH23337qRVEdqj7wduzj
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December 15, 2017, 02:06:32 PM |
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sometimes it really gets into our head when it comes to trading... especially when we are down in percent... but the most imprtant thing i learned in trading is to control emotion.
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jpoker272727
Legendary
Offline
Activity: 1137
Merit: 1000
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December 15, 2017, 02:15:17 PM Last edit: April 05, 2018, 08:22:26 AM by jpoker272727 |
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A lot when it's dumping season
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justspare
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December 16, 2017, 08:09:33 AM |
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“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
Wow! This article really made it through my heart, it really changes the way I see the market I will pursue to learn more on trading. That one disappointment don’t make your best trader rather the lessons attached with that disappointment will help you to grow more. There is a statement, either win or learn. So you need to keep yourself updated and ready. Whatever you do in trading, always appetite for getting some lessons from it. You must know how to learn from your mistakes. This is better.
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queenhallmark
Member
Offline
Activity: 196
Merit: 10
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December 17, 2017, 06:17:33 AM |
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It's normal to experience some disappointments as a trader especially during your early stages. There is no such thing as perfect trading. I got bunch of friends that are crypto traders. The more knowledge you have then the better chances of winning. Be contented and stop being greedy.
I have never disappointed in trading because I have a quality of risk taking and I have never mind loss because whenever I have faced loss then I start learning from my loss and will try to never repeat my that mistakes again.
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genset88
Member
Offline
Activity: 349
Merit: 10
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December 17, 2017, 07:38:40 AM |
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Trading is now too hard for the newcomers. I'm used to be a newcomers and the paying lession isn't small.
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BarbieCasino
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December 17, 2017, 05:33:31 PM |
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I think that many especially newcomers after coming to the crypto market are periodically upset. After all, many came after they see how many X-made currencies. And by the method of simple calculations, they received that with 100 or 1000 $ it is possible to make 5000-50000 $ per year. But the reality is not so. This is the first disappointment, and no matter what the strategy was trading or investing in coins. The second disappointment awaits when a person feels what it is like to look at the drawdown of a deposit or close with a loss. And the third difficulty, even if the coin went into growth, how many can not sell it and wait for x50 even if it is destined to grow so? ..
Not at all I’m really enjoying bitcoin and its daily trade because it’s very easy to do it don’t need extra time from me in a short time I can get my profit I give only two hours to bitcoin because it’s enough for me to give when I buy something then I just give add on it and then the rest of customers are contacting me and I final my deals with them and I have three years that I’m doing it and it change my life because it’s very good and use for me so join online trade here.
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Fredomago
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Merit: 1054
Leading Crypto Sports Betting & Casino Platform
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December 17, 2017, 06:02:12 PM |
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Trading is now too hard for the newcomers. I'm used to be a newcomers and the paying lession isn't small.
Invest your time and find your interest before placing your entry, as trading activity most of the time is really stressful a lots of failure and miscalculation will happen, I think getting frustrated is part of it but if you overcome this issue the rest will be smooth sailing.
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TeLlMeFrY
Member
Offline
Activity: 392
Merit: 10
Spanish Translator
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December 17, 2017, 06:42:40 PM |
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Many things have changed in the last years and the classic trading maybe is not so profitable as before. However currently there a new ways of trading and the issues that you mentioned are perfectly understandable (and worth to learn to solve them) when you think about the great rewards that can give you the trading.
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Transformbitz
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December 17, 2017, 07:05:29 PM |
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Yes sometimes I feel bad when FOMO guys are making hype in twitter and suddenly you bought the top and later on you'll see a dip price, that's very disappointing to me.
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piporipo879
Newbie
Offline
Activity: 17
Merit: 0
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December 17, 2017, 07:15:57 PM |
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Great article. It sure helps getting a better perspective on trading.
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jpoker272727
Legendary
Offline
Activity: 1137
Merit: 1000
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December 18, 2017, 08:43:37 AM Last edit: April 01, 2018, 05:51:50 PM by jpoker272727 |
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Not always but there are some times that we have to be disappointed because we don't get always profit.
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BILGPS
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December 18, 2017, 09:50:01 AM |
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as i am personally not much aware of the trading of this coins market but trading fr stocks and shares is very tough and difficult. bitcoin is good to traders because with the passage of time you can make good amount of money in few movements. bitcoin is providing an opportunity to the less experienced people because they can also get profit in this market. i have heared from a friend and he was very successful in the trading of bitcoin i will follow him to be successful in the crypto market.
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ThunderCatSteve
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December 18, 2017, 10:30:58 AM Last edit: February 28, 2018, 09:59:51 AM by ThunderCatSteve |
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I'm sometimes dissapointed in trading because I can't find some coins in other exchanges but only in one or two.
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EtherATM
Member
Offline
Activity: 224
Merit: 11
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December 18, 2017, 01:24:34 PM |
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This is very good article about trading. After reading this article i remember when i just start trading, i bought 1 BTC and straightway i used it to buy altcoins with hope that those altcoins will soon 10x in short time, i chose altcoins below $1 for thinking that it will increase easier but the life is not dream, i was lost 90% my money a month later. I was very very disappointed but it's valuable lesson to me, it help i understand about the crypto market.
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hurremshaikh295
Newbie
Offline
Activity: 52
Merit: 0
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December 20, 2017, 10:00:59 AM |
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Yeah, I'm really disappointed on my trading, just bought BTC with the price 19k$ yesterday and it's now 16k.
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haster100
Member
Offline
Activity: 154
Merit: 10
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December 21, 2017, 07:31:15 PM |
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Buy and hold is the only way to make money for me. Trade can be more profitable, but it can also be less. You need nerves of steel if you want to become a trader. Trade is not for impatient people.
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serjent05
Legendary
Offline
Activity: 3038
Merit: 1280
Get $2100 deposit bonuses & 60 FS
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December 21, 2017, 11:50:34 PM |
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I find trading interesting and I am not disappointed in trading because it shows how good a person collect information and predicts the trend of the coins price. It is actually entertaining since we have to use our insights and analyzation towards our holdings. So far I had been in a positive return in my trading activities. I am not saying I always get profit from the coins I am holding, sometimes i picked a wrong coin and lost my capital but majority of my trade are in a positive trend.
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hritevanz
Member
Offline
Activity: 182
Merit: 10
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December 27, 2017, 12:49:05 AM |
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“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
Trading seems fun to those who experienced it, won a big amount and lose small amount of money. And for sure, to those traders who lose a big amount, suffered from uncontrolled emotion. And being a trader needs enough knowledge and skills in order not to experience losing a big amount of money. Monitoring and studying the market will help you a lot. Let's face the trader’s consequences.
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