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Author Topic: Trading don't work for me too well  (Read 1876 times)
novocaine
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May 01, 2018, 10:54:57 PM
 #421

Have lost so much money on coins that doesn't work well for me. My flaws are I'm  impatient and ignorant this maybe a good time to find some insight and good answers on how to get better

I think is good that you know what are your mistakes and you can accept what you have done wrong.

So after you have identified the problem, you can know think of possible ways so that you can generate multiple solutions. For example you should focus yourself on studying about trading and after that, test that proposed solution then you can assume that the method was useful.

Learn how to basic trading on youtube but for first follow the best traders in both markets ( crypto and forex )
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atetess
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May 01, 2018, 11:43:30 PM
 #422

Have lost so much money on coins that doesn't work well for me. My flaws are I'm  impatient and ignorant this maybe a good time to find some insight and good answers on how to get better

Trading is not n easy thing to do.  We will be experiencing a lot of mistakes and losses with our moves but most important thing is that we are learning from our mistakes.  I guess,  you should learn first before you go into trading.

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May 02, 2018, 12:35:52 AM
 #423

Have lost so much money on coins that doesn't work well for me. My flaws are I'm  impatient and ignorant this maybe a good time to find some insight and good answers on how to get better
"Full time trading is really a difficult job. Most of the time our actions get the best of us. Just by watching prices move, we can be led to believe that there is a compelling trade when there really is none. It took me years to understand that short term price movements can really trigger mindless reactions from you, which, if you rely on it for your trading, is not a sustainable way of doing things. The job of your amygdala, the old, un-updated processor in your brain, is to run away from pain instantly. If you satisfy its command, the relief is always limited to the short term.

The beauty about having a plan is that the execution is lifted to a higher standard. Decision making and processing is transferred to a better processor in the brain, one that is not reactive but rather, one that is patient, logical, analytic and systematic.

We’ve always said that learning curves vary from trader to trader. The Holy Grail is not a system, but is an event that tells you, you have finally figured it out. Thus, the only practical thing to do is to go for infinite trades (from Bryan Johnson’s infinite games), the real true goal of having the ability to trade for as long as you can. Trade as much as you can until you figure it out. Pursuing that moment would mean two things: protect your capital to survive, and plan your trades to make them meaningful."

Good morning, Traders! Let's make this week worthwhile. -Bryan Gomez
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May 02, 2018, 05:23:39 AM
 #424

I think you already solve your problem on trading doesn't work to you because you are impatient. One of the best attitude that a good trader is he/she must have patient.
There are so many people who have started trying their carrier in the world of the trading but not all of them have managed to make some good results and that some of them have also quitted it. It is not a good thing though but it is quite a normal thing as it is not possible for every one of us to do well in trading. If you find it difficult to trade, then you need to look for some other way of making money.
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May 02, 2018, 05:32:32 AM
 #425

Trading is something that most be taking very seriously. Trading is a full-time job that require attention probably more than regular job. The fact that trading is done online doesn't make it less rigorous. All the seriousness of your offline must be apply to your online trading as well.
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May 02, 2018, 07:34:05 AM
 #426

Have lost so much money on coins that doesn't work well for me. My flaws are I'm  impatient and ignorant this maybe a good time to find some insight and good answers on how to get better

I think you don't learn you're lesson base on you're topic right? Being impatient is get big lose in trading.you need to control you're emotion by doing every decision like past few months.the market will getting red and you panic for that.that's why you lose a big profit.but if you hodl you're emotion you can get big profit if the market will up and all coins going green again.
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May 02, 2018, 09:30:45 AM
 #427

For trading you first skill about Bitcoin you watch YouTube video about trading and search some technical analysis
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May 02, 2018, 09:38:12 AM
 #428

Trading is something that most be taking very seriously. Trading is a full-time job that require attention probably more than regular job. The fact that trading is done online doesn't make it less rigorous. All the seriousness of your offline must be apply to your online trading as well.
Its not give much importance whether an act is on offline or offline this is about money and of course you will not be going to play in literally like gambling. And so, trading is not a job nor being an employee it is a profession and you must adapt every learning and accept every mistakes that you have been encounter.


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May 02, 2018, 11:55:39 PM
 #429

I think you already solve your problem on trading doesn't work to you because you are impatient. One of the best attitude that a good trader is he/she must have patient.
There are so many people who have started trying their carrier in the world of the trading but not all of them have managed to make some good results and that some of them have also quitted it. It is not a good thing though but it is quite a normal thing as it is not possible for every one of us to do well in trading. If you find it difficult to trade, then you need to look for some other way of making money.

Trading is a hard thing honestly. It's not easy and not all the people can make profit from it. Here, one should think about her/his past mistakes and not repeat them in the future. This will enable you to make less mistakes resulting in more profits. Don't worry so.
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May 03, 2018, 12:52:17 AM
 #430

You have to make review from your history trading, you have to know  mistake that you did, and from that mistake you can learn more to make new better strategy. In my opinion when you newbie in trading for the better doing swing trading with pair USDT. This is will be more easy than pair with BTC/ETH. Almost all trader got loss because greedy and not patient and you have to learn also how to manage this emotion.

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May 03, 2018, 10:41:12 AM
 #431

I think you already solve your problem on trading doesn't work to you because you are impatient. One of the best attitude that a good trader is he/she must have patient.
Highly agreed with this statement. Like you have said, this one trait in considered to be the best and the strategic that can have a remarkable impact on the performance of a trader. If someone lacks with this one attribute of patience, especially in the trading, he will definitely be encountering the bad days continuously. Reason is, you have to wait for the good time and then hit your mark.

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May 03, 2018, 11:23:43 AM
 #432

Have lost so much money on coins that doesn't work well for me. My flaws are I'm  impatient and ignorant this maybe a good time to find some insight and good answers on how to get better
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May 03, 2018, 11:47:29 AM
 #433

The market is complex and it is not something anyone can just dabble into, thinking it will just be swift decision to always buy low and sell high. Sometimes, your buy low may actually be you buying high, and you may not know if that market is switching to a downtrend unless you have the knowledge on studying indicators and charts. How can you say thay the coins doesn't works well for you? Can you give more further explanation or story how did it happen. And for impatience it is your desire any coins have a good sell time when you have a gains in the buying price you bought
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May 03, 2018, 11:47:33 AM
 #434

I've lost money in trading as well and I stop trading for a while because at first I thought it is not for me but later on realized that if others can do it, I can do it too so I got back after almost a year of hibernation. Before, I didn't study trading properly and got involved with it because I can see others are profitable especially those that post they are earning 10x or even 100x and I want that too but I end up being rekt. Being patient is the very best characteristic for a trader unless or until you develop this character you might have to face the loss
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May 03, 2018, 11:47:40 AM
 #435

Trading works for everyone and it is just a matter of time and understanding after that it will start working for you as well. There are some Dos and Don’ts in the market which are preferred and then there are some others which are dictated by the situation of the coin in the market. Sometimes even we do our best shot if that time wasn't our perfect time to get what we are dreaming of, then maybe it's not for us but I believe that everything has a perfect time
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May 03, 2018, 12:06:36 PM
 #436

Have lost so much money on coins that doesn't work well for me. My flaws are I'm  impatient and ignorant this maybe a good time to find some insight and good answers on how to get better

If you are into wrong coins, the solution would be to shift to the major and popular ones. Do not settle with trading low volume coins, pump and dump coins, and shitcoins. There are more risks in trading this kind of coins. Patience is needed but in day trading, you need to set limits and you should have valid bases in setting them. You do not just guess wildly. Ignorance can be addressed by diligent reading and research of the coins. Try to drop by their ANN Threads here, social media platforms, and crypto-related online magazines.

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May 03, 2018, 03:12:29 PM
 #437

to do the trading takes carefulness in analyzing the market, you must know when to buy and when the right time to sell, if you are wrong in making a decision then you will lose and lose your money

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May 03, 2018, 04:20:44 PM
 #438

to do the trading takes carefulness in analyzing the market, you must know when to buy and when the right time to sell, if you are wrong in making a decision then you will lose and lose your money
Not everyone has the luck to get trading suit for them so instead of get a profit they end up losing. Well, it's all up to how a trader gonna play it wisely. It didn't only required you a knowledge about bitcoin, about crypto world, about digital currency or about trading sometime it takes time to make your own formula on how to get a successful trading since it also requires you a self experience on doing trading alone because experience is the best teacher they said.
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May 03, 2018, 04:26:07 PM
 #439

I also find the same problem like you were. But i use the longterm investment strategy in trading though need enough long time to get profit, but it is better than you lost all of your money to trade. The analyzing skill also needed when you trade, dont try to trade new token or altcoin if you were newbie in trading world. Better to search the information about altcoin that you want to trade.

[
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May 03, 2018, 06:07:24 PM
 #440

I think that there are too many people who are losing their money with trading. That job isn't for everyone especially if you do take that for full time job. Rather do something else or just invest money that you can forget. I'm amateur trader and I can say that I'm pretty successful with trading altcoins. I started with money that I earned on bounty campaign and last 2 month I'm earned x3 of that amount.
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