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Author Topic: 7 Difficulties for a trader  (Read 1529 times)
QA65 (OP)
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March 19, 2018, 10:08:03 AM
 #1

Do you think that forex trading is difficult? how long is it difficult forex trading?

If according to ane itself really true forex trading is indeed difficult. But missed his pips. Not difficult to find profit, not too difficult to add analysis or strategy.

However,

1. It is difficult to stop when Profit / Loss lot
2. It is difficult to exit the market while not excited
3. It is difficult to leave the computer while floating minus
4. Difficult to sell OP errors
5. Difficult to CutLoss
6. It is difficult to stop when the target has been reached
7. It's hard not to be greedy

Well, that guy 7 is hard for a trader hehe

Happy trading guys emoticon-Congratulations
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April 26, 2018, 10:54:56 AM
 #2

I want to say about loss cutting. Whether you are in the investment school of growth like O'neil or not, you should still choose the limit tolerance for yourself. Based on inflation rates, tax rates, brokerage commissions, ... build a personal safety circle where you can use the "consistency" for stocks that have fallen too far. allowed his threshold. Keep in mind that no investor always makes the right investment decisions. Failure is part of the game and most of the failures in stock investing are not due to our faults, so learn to make your failures both gentle for the psyche, just As cheap as possible for pocket money.
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April 27, 2018, 03:53:23 AM
 #3

It is difficult to stop when Profit / Loss lot; It is difficult to exit the market while not excited; It is difficult to leave the computer while floating minus; Difficult to sell OP errors; Difficult to CutLoss. It is difficult to stop when the target has been reached. It's hard not to be greedy. I really really scare about this 7 problems.
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May 04, 2018, 12:21:35 PM
 #4

Actually when I have too much interest, I can hardly stop. I see people with greed. Oh, it's because I'm too lazy to take too much money! Actually, when I have too much interest, I can hardly stop. I see people with greed. Oh, because I'm too lazy to take so much money!  Grin
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May 04, 2018, 12:56:50 PM
 #5

Smiley),yes this is 7 difficulties of trade,everyone know but don't many people can do it,when the market grow up,we want grow up more and more and we hope it can x2-3 and x5,when the market falls we think it will recovery and we don't fear,when market fall down deep we see my money lose day by day and we can't sell because it is too late,when the market recovery again we sell all coin and wait the market fall again to buy at cheap price but the market grow up,this is vicious circle,:)),it is too difcult
carter34
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May 04, 2018, 01:20:41 PM
 #6

I'm looking at greed as the most difficult situation to trade. Humans are more greedy than you know and a greedy human trading won't always like to put a stop to his gains but would want to drill everything and at the end, runs into trouble.
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May 04, 2018, 01:29:52 PM
 #7

Do you think that forex trading is difficult? how long is it difficult forex trading?

If according to ane itself really true forex trading is indeed difficult. But missed his pips. Not difficult to find profit, not too difficult to add analysis or strategy.

However,

1. It is difficult to stop when Profit / Loss lot
2. It is difficult to exit the market while not excited
3. It is difficult to leave the computer while floating minus
4. Difficult to sell OP errors
5. Difficult to CutLoss
6. It is difficult to stop when the target has been reached
7. It's hard not to be greedy

Well, that guy 7 is hard for a trader hehe

Happy trading guys emoticon-Congratulations
That is why we need to control our emotions while trading,and it can be obtained through experience in this field.But every field has hard faces too but if someone want to successful we need to overcome all the difficulties in their.Simply don't be too greedy. Cheesy

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May 04, 2018, 06:52:53 PM
 #8

Smiley),yes this is 7 difficulties of trade,everyone know but don't many people can do it,when the market grow up,we want grow up more and more and we hope it can x2-3 and x5,when the market falls we think it will recovery and we don't fear,when market fall down deep we see my money lose day by day and we can't sell because it is too late,when the market recovery again we sell all coin and wait the market fall again to buy at cheap price but the market grow up,this is vicious circle,:)),it is too difcult

absolutely right)
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May 04, 2018, 07:16:08 PM
 #9

in the past, I spending hours at the computer observing the chart and waiting for an oppotunity to buy and sell, and when I bought it and then the price fell I was desperate and disappointed, so I sold with losses and in the The next day I tried again, until I realized many things, I started not to make the same mistakes. It is important to know the currency you are trading, and it is important to be aware of the news, is important to know when to enter and when to leave and never to be greedy.

That is why we need to control our emotions while trading...

is difficult when the person is in a lot of losses and the currency continues to fall every day


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May 04, 2018, 08:47:54 PM
 #10

It is difficult to choose at the very beginning what and how to learn to create a trading system. This requires a lot of time and effort. Most traders fail in this task. Hence all other problems.
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May 04, 2018, 10:07:25 PM
 #11

It is difficult to choose at the very beginning what and how to learn to create a trading system. This requires a lot of time and effort. Most traders fail in this task. Hence all other problems.
Will eventually known when we do research, trying it and testing were we will be capable and comfortable on doing it will really help. It is just a matter of trying and believing


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May 04, 2018, 10:10:14 PM
 #12

Picking up the point about the difficulty in stopping loss, I would not say that should be a difficult thing for a trader that obviously know what he is doing. One thing you should always do before entering a position is to plan an exit strategy and if that is the case, a huge loss should not even be something possible.
If you know how to handle support and resistance, you should be able to stop loss in those cases of losing a particular support, so as to buy back lower if there is a bounce from the next one. Just thought I should buttress on that and disagree with stopping loss being a difficult thing to do.
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May 04, 2018, 10:33:47 PM
 #13

Its hard because nobody know when to accept a loss and when to sell for profit lol
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May 04, 2018, 10:45:13 PM
 #14

It is difficult to choose at the very beginning what and how to learn to create a trading system. This requires a lot of time and effort. Most traders fail in this task. Hence all other problems.
Will eventually known when we do research, trying it and testing were we will be capable and comfortable on doing it will really help. It is just a matter of trying and believing

But sometimes believing is not really helping since there are sometimes that the news the scattered will not came true and those are just for hype boosters purposes only. That's the reason I always keep myself watching and securing my profits when I saw some massive changes on the price of the coins I hold.

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May 04, 2018, 11:00:22 PM
 #15

Do you think that forex trading is difficult? how long is it difficult forex trading?

If according to ane itself really true forex trading is indeed difficult. But missed his pips. Not difficult to find profit, not too difficult to add analysis or strategy.

However,

1. It is difficult to stop when Profit / Loss lot
2. It is difficult to exit the market while not excited
3. It is difficult to leave the computer while floating minus
4. Difficult to sell OP errors
5. Difficult to CutLoss
6. It is difficult to stop when the target has been reached
7. It's hard not to be greedy

Well, that guy 7 is hard for a trader hehe

Happy trading guys emoticon-Congratulations
I think the biggest problem that leads to success or failure in the transaction is the psychological problem, you can analyze the right technique, find out the correct information, plan exactly right but you I can not adhere to what was set out. You can see that psychology makes you afraid when prices rise and fear when prices fall, greed and fear never change.
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May 04, 2018, 11:13:44 PM
 #16

this fact has been proven and I am experiencing this. as a trader I always find difficulties so my trade always loses.
I have decided to quit, only occasionally I do it on a coin that I hold for a long time.

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May 05, 2018, 05:21:42 AM
 #17

8. It's difficult to trade like a boss
9. It's difficult to trade like a bot
10. It's difficult to control your portfolio in some certain of time
11. It's difficult to use leverage and margin account in order to maximize your profit
12. It's difficult to find orders of whales
13. It's difficult to have or buy information just in time to react properly
14. It's difficult to combine fundamental and technical analysis
15. It's difficult to .....BE YOURSELF

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May 05, 2018, 05:54:51 AM
 #18

I agree with what you are saying, I experienced that in my life as a trader.
I think being greedy is the root cause of this problem, we always want to be in profit and we want to make more profit, this attitude would not bring us to success. We have to learn from our lessons and be realistic all the time because practice is way different in theory.

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May 05, 2018, 07:50:18 AM
 #19

Do you think that forex trading is difficult? how long is it difficult forex trading?

If according to ane itself really true forex trading is indeed difficult. But missed his pips. Not difficult to find profit, not too difficult to add analysis or strategy.

However,

1. It is difficult to stop when Profit / Loss lot
2. It is difficult to exit the market while not excited
3. It is difficult to leave the computer while floating minus
4. Difficult to sell OP errors
5. Difficult to CutLoss
6. It is difficult to stop when the target has been reached
7. It's hard not to be greedy

Well, that guy 7 is hard for a trader hehe

Happy trading guys emoticon-Congratulations
Im not into forex and most traders here were from crypto obviously, or some from forex to crypto. Its more than 7 difficulties that a trader experience and this things get easy or even closer to male profits of you control your mind simply how it is with using your strategy to earn. Crypto trading platform and forex was too far different from each other.

 
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May 05, 2018, 07:51:27 AM
 #20

thanks for the useful information. I agree that all of the mentioned reasons are really factors that may be considered difficulties. The main one for some is to stop when you need because you may lose everything
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