morrisby25
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January 03, 2018, 03:06:26 AM |
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That already many have come across this and I think there are few people left that were abandoned with the first setbacks or obstacles. so it's inevitable in any case, and what you described is just the possible risks, which are already known at the very beginning.
I'm not disappointed totally, yet it could have been much better than this. I couldn't get what I want. I missed too much. I missed some major trends and major price actions. Actually around and after bitcoin forks, I lost some nice amount, unfortunately. I have seen many people who have faced great loss in trading and there were times when they decided to give up on this profession. Life is full of failures but only those who do not change their path due to hard obstacles get great rewards at the end of the day. It is very fine to make mistakes as far as someone is learning out of them. Trading is a risky profession but once a trader gets hold of his emotions, he can make huge profits. But there are circumstances on which we did able to make our best to do such thing but no matter how hard we try we do still able to fail which there are really things that aren't meant for us and better to seek another thing and might be possible to change the way you are experiencing.I have seen people that do engage on trading for longer period of time but they aren't still effective or to be profitable I don't know whats the reason but I would say trading doesn't really fit them at all. This is true on which there are really things that it is hard even we try It many times but we do still fail.Disappointments on trading is really common because we do prone on making mistakes because of lack knowledge and skills this is why we do lose up money which cause us to frustrate since we don't like to see our money be gone and its part of the risk on making trades. You do not want to lose money, of course, I also do not want to lose my money and others as us too. But how to avoid the loss? The only way is improve our skills, experience and learn more knowledge, only these things can help us become the winner instead of the loser. Never I have disappointed in trading because trading is just a fun for me and whenever I have faced loss then I can never loss my confident but I can start learning from my mistakes and through this way I can get more and more exprince.
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spiderm4n15
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January 03, 2018, 04:21:26 AM |
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many time i disappoited in trading, when the price is drop until 80% from your fund but its ok, its make me strong in trading, because i trust some times it will be back
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wxa7115
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January 06, 2018, 12:52:00 AM |
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yes there are times that i feel disappointed when the price is very low and when i missed the high price.
I sell more than 4 million xlm at 0.02$ and now it reach 0.2$. you will know my emotion at the moment. yeah. very very disappointed Failing in such a way can be very painful but you're the one to blame, we cannot blame the market of our mistakes, you should've held for longer, trading can be profitable but there are many, like me, which aren't good at it, this is why holding is such an easy way to get profits, I held all my bitcoin from the beginning of the year and as a consequence I got forked coins and all the growth bitcoin had during the year.
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TheNextChampion
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January 06, 2018, 02:27:00 AM |
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Sometimes especially if made a mistake during my trading. There are times that i'm not sticking to my plan of holding coins to gain profit and if i saw the price decline i always had a doubt in the past when it's time to sell or not but eventually i sell it. After selling it the price soar high then i'm freaking mad of myself. Now, i just learn to control myself to not disappoint myself.
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Arwinkim
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January 06, 2018, 02:41:06 AM |
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it's a big YESS from me. I am a former forex trader. You know what, I only had loss and loss until I stopped for years and ended up in cryptocurrency last year. I am trying to invest only and avoiding trading that need a lot of time to analyze the charts
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Blackwhite69
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January 06, 2018, 04:34:32 AM |
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You are disappointed with trading because at that time the price goes down but if the price goes up you will definitely think differently ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Opekin
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January 06, 2018, 03:53:53 PM |
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Sometimes especially if made a mistake during my trading. There are times that i'm not sticking to my plan of holding coins to gain profit and if i saw the price decline i always had a doubt in the past when it's time to sell or not but eventually i sell it. After selling it the price soar high then i'm freaking mad of myself. Now, i just learn to control myself to not disappoint myself.
It is really difficult to manage emotions especially that when you're on the peak of your emotion. All we can do is to always look at the brighter side of every negative thing that happens to us. Always be optimistic because we will reap positively from it. But of course prevention is better than cure. Better be learned from the mistakes and disappointments we had before to become wiser and prevent disappointments.
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Farma
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January 06, 2018, 04:29:18 PM |
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i'm so bad in trading play. but I do not regret, because I get a lot of experience in terms of buying and selling. and I may be able to apply this in the real world. well, no remorse in the steps I took, because I learned from it all.
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cryptojaani
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January 06, 2018, 04:30:39 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.
Even if I lose any money on trading, that should not make me dissapointed because it is only my fault, it is not because of the market: it is me that made the wrong decision.It is crucial for every investor or trader to make conclusions out of his mistakes and also a good calls. Without that, you won't improve yourself, so you are going to basically stay in one place, without any further strategy or technique upgrades.
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haster100
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January 07, 2018, 11:33:05 AM |
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I think not, when we are trading is ready with risk (loss) so I'm never disappointed with trading, because the chances of winning and losing are the same and fair depends from source.
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kiloiko
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January 08, 2018, 10:20:45 AM |
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i'm so bad in trading play. but I do not regret, because I get a lot of experience in terms of buying and selling. and I may be able to apply this in the real world. well, no remorse in the steps I took, because I learned from it all.
This is the best thing you can ever make from trading i.e. an experience of buying and selling in more effective manners. A failure is no longer a failure if you have learned something useful from it and are going to apply it in your future life. There are very less people with this mindset, most of the time people badly regret their failures and are not ready to accept them. Keep it up your this quality, you surely going to succeed in life.
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@Mhaiang
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January 08, 2018, 10:26:34 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 is like a win win situation, if you choose the right altcoins to trade with then it will be your luck, but if not and just choose the dump one, then its a lesson to you that you must search and ask other trading expert what to trade with.
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Lou-Lou
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January 08, 2018, 10:59:49 AM |
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Nobody likes to be a loser. I think that's why my father, who is dreaming of trading for at least last 15 years of his life, has never tried real trading, he is only trading in demo accounts. Thus even I am more successful in trading than him - I actually am not afraid to loose something anymore
Fnd one of my favorite quotations is "i've lost almost everything, i'm almost free"
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babsjoe
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January 08, 2018, 11:34:27 AM |
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Sometimes yes! but I am also impressed that trading enable you to make a lots of bitcoin that I do not think its possible to earn in 5years! In one quality trade, you could make all the bitcoin needed in a year or more. Trading cryptocurrency is amazing.
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marsmyname
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January 08, 2018, 11:35:10 AM |
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i'm so bad in trading play. but I do not regret, because I get a lot of experience in terms of buying and selling. and I may be able to apply this in the real world. well, no remorse in the steps I took, because I learned from it all.
I read it somewhere. “You want to know the difference between a master and a beginner? The master has failed more times and the beginner has ever tried”. I hope I am making my point clear. Failure is not something that one must be afraid of and no one can ever make great achievements without facing failure in their journey. With time everything will become better. We just need to work hard.
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Asmonist
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January 08, 2018, 11:49:57 AM |
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Not really. I think disappointment is felt in terms of losses but to the trading as a whole is not really. In trading we always look at the market trends and possible events that may affect the price. Most likely we decide into something we have references. So probably upon deciding to buy or sell, we are already aware of the possibilities it may get. That's why I think in trading disappointment comes less likely.
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Caladonian
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January 08, 2018, 11:51:54 AM |
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Sometimes yes! but I am also impressed that trading enable you to make a lots of bitcoin that I do not think its possible to earn in 5years! In one quality trade, you could make all the bitcoin needed in a year or more. Trading cryptocurrency is amazing.
Such a lucky entry if that will happen to you in the first try, timing and luck would give you a lot of opportunity to earn huge amount where you ain't think that it can be possible until it happen, at first I'm also disappointed but learning the process and getting enough patience then now I can say that I'm earning inside this business.
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heartrodriguez28
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January 08, 2018, 11:54:17 AM |
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It's not avoidable to be upset whenever a trade doesn't go our way. However, we as traders should make it a point that emotions should not get in the way of our next trading decision(s).
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Granxis
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January 08, 2018, 12:00:54 PM |
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Every job has some consequences, the people who are traders are absolutely disappointed, I can definitely say that. More or less all traders are lost. Every type of business involves some risk, the experienced people know how to deal with the risks.
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shezu007
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January 08, 2018, 12:37:26 PM |
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Every job has some consequences, the people who are traders are absolutely disappointed, I can definitely say that. More or less all traders are lost. Every type of business involves some risk, the experienced people know how to deal with the risks.
Indeed, every job have consequences but if you are dong any job then you should understand and prepare yourself mentally about that consequences because if you can face such consequnces then you need to control your emotions and should try to cover any loss if you can face. Through this way you can become expert of your job whatever that is.
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