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Author Topic: 7 Difficulties for a trader  (Read 1526 times)
Flygonz
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July 25, 2018, 11:53:35 PM
 #41

I think the 7 difficulties that the trader encounter are; threat of initial loss, immediate solutions, flexible decision skills, time management, creative thinking, stress and efficient skills.
Torrenth
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July 26, 2018, 03:26:04 AM
 #42

it is hard to stop when the target has been reached I think it is indeed the merchant trait most difficult to remove, because there is a greedy nature in every human being, when one has reached the target he will target the other and continuously like that.
AnnaJames12
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July 26, 2018, 04:35:18 AM
 #43

Greed is hard to avoid, and it is important to have real knowledge about the deal and the type of coin you are investing.
GawirZZ
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July 26, 2018, 05:08:30 AM
 #44

indeed that makes people fail to become traders are always like that let alone no 7, all traders must have done it. it is very difficult to hold the emotion if it is getting a profit. A successful trader is a patient trader.
sergio red
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July 26, 2018, 05:16:51 AM
 #45

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
Yap, I agree with you on these points what you have mentioned about the difficulties of trading. because of having these problems, That's why people can't trade properly on that platform. So the blockchain system is much easier to trade than forex.
MrPresidentIM
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August 17, 2018, 09:12:49 PM
 #46

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

Not being too greedy isn't that easy to master, but thank you! Wink
goldkingcoiner
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August 17, 2018, 09:26:30 PM
 #47

Any difficulties are swept away with time and experience. My advise is to first try and make 500 dollars out of 100. Might take you half a year maybe more. But until you can do that, I would not call you a trader who can handle large amounts of money. FOMO is the worst enemy. Learn to defeat it.

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Chachacoin17
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August 17, 2018, 09:35:27 PM
 #48

Any difficulties are swept away with time and experience. My advise is to first try and make 500 dollars out of 100. Might take you half a year maybe more. But until you can do that, I would not call you a trader who can handle large amounts of money. FOMO is the worst enemy. Learn to defeat it.

Of course as a trader we need to defeat fears and hesintances mate, we can manage big funds specially the token holdings you had. No matter how much money had with you in your trading, you should need to learn to control yourself and avoid panic. If you listen to those FOMO or any other fake news that's a disgusting situation, because it might divert your visions and possibly that will make things become ruined.
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August 17, 2018, 10:06:07 PM
 #49

Yes, these are some problem and good to mention here, I think for the solution of these errors the best thing is to just watch the solution of this error and keep in mind how to solve these problems and if you the solution than it has not any positive effect to disturb you.
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August 18, 2018, 04:25:41 AM
 #50

Yes, in my opinion, seeing that there is a lot of greed as the most difficult situation to trade. Human trafficking will not always want to stop the acquisition but want to get everything and in the end, experience difficulties. In making decisions about this.
Sadlife
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August 18, 2018, 05:10:41 AM
 #51

Yes indeed one of the most bad characteristics of being a trader is being to greedy and instead of exiting because you've already made profit you chose to stay because you want more. Then you get caught up with the bearish trend unable to get out then blames the coin for being a pump and dump.

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okorocrypto
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August 18, 2018, 06:33:16 AM
 #52

The greatest difficulty people face trading forex is having a wrong psychology. This is where over-leveraging, no proper risk management and every other habit that make people lose comes in. Learning the skill is good but without proper psychology, no strategy will work fine. Losses are integral in trading but with proper risk management, one can always remain profitable at the long run
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August 18, 2018, 06:55:51 AM
 #53

This is great explanation,  one more thing enemy of trader is difficult to follow the rules of trading and trading  plan.  Not patient and greedy make hard to make profit and finally get loss. The reality is 90% of forex trader loss money because have bad psycology.

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August 18, 2018, 07:34:40 AM
 #54

You are quite correct on the things that goes on in the mind of a trader and how a trader behaves but it is very important to note that, every trader should develop a lot of features that would suit his trading style. You must not be greedy, you must follow a principle and you must control emotions in order to be a success in trading
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August 18, 2018, 08:54:41 AM
 #55

The reasons you give are pretty good. I think anyone who joins the crypto or forex market has the same reasons. When we have not enough experience and bravery to be able to master their greed. When we are scared at the market continuously decline not dare Take a loss. Especially dangerous when running in the crowd, that is the reason why becoming a trader is always difficult. To become a professional trader, everyone must have lost a lot. The lessons of investing are extremely valuable so the price will pay off if you understand trader psychology and forget the news and stop running in the crowd.
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August 23, 2018, 12:14:31 AM
 #56

What a neat list! Thanks for sharing!
#7 is my favorite  Grin
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August 23, 2018, 01:04:40 AM
 #57

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
Really agree hahaha, specially the number 5. Because it's so hard to decide whether you cut loss or wait for another pump. But it is really to put stop loss always. Being a trader, you need to lost some of your money sometimes but not always.
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August 23, 2018, 01:29:19 AM
 #58

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's a great list friend. You've really hit the nail on the head. So as I can't alter it, let me offer an alternative.The seven steps to becoming a great trader.

1. Knowing you know nothing, but not knowing what you don't know.
2. Naive confidence of thinking you know something.
3. Knowing you knew nothing, but now with the knowledge of what you don't know and, therefore, what to learn.
4. Learning what you don't know.
5. Thinking you know everything.
6. Learning what it is to lose something when you thought you knew everything.
7. Learning that learning never stops.
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August 23, 2018, 02:02:32 AM
 #59

Becoming a professional trader is difficult. The only thing you mention is a sentence, which is the lack of knowledge and psychology is not stable. When you have the knowledge to do technical analysis, it will be simpler
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August 28, 2018, 09:16:36 AM
 #60

The only difficulty in a transaction that I have often encountered is impatience, if we are impatient, it probably will never be able to succeed in the cryptographic market, so I think the main patience. is the key to success

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