7 Difficulties for a trader

[Crembrun]

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

IT IS HARD to STOP trading after a series of highly profitable trades -((

[StarofBTC]

the starting point of a trader is number 7. It's hard not to be greedy. because of this all will cause us to lose everything because there is no sense of satisfaction if we are greedy

It is never hard as long as you have a strategy and you stick with it. There is never any way the market will not give you a signal of when to be getting in or when to be selling as well as when to be stopping losses. However, all these are decisions that can only be made with knowledge.

And for a fact, not everyone sure have that. Greed only comes into play if all a trader is doing is gambling. Once you are able to stick with your strategy and make that a principle, you will be surprised at the way you make good decisions.

[BetadiNe]

if I look at the current situation of the people that is the most difficult to do it is difficult not to be greedy, and also difficult to stop when the target has been reached, people now always want more when we have reached the target even exceeding them they always want to go further than that, I think if we are not grateful for what we have got it will always be like that, until the people lose it all because of their own greed.

[metalglowd]

for me personally, the difficulty of trading is to maintain the mental itself, we are too often lulled by the state of the coin position that is above and underestimates the matter of the FUD, so that when the coin we have is affected, the result is our mental down.

[websoftwareengineer]

for me personally, the difficulty of trading is to maintain the mental itself, we are too often lulled by the state of the coin position that is above and underestimates the matter of the FUD, so that when the coin we have is affected, the result is our mental down.

Yes you are right, there are different traders who are just selling their coins based on their emotions and that is the reason they lose most of their investments.

[robertsu]

Trading is a very difficult and work with high risk. All the hard things  of such work compensates for the level of income and the possible fast  tempo to receipt.  Who can  do it  with the 7 difficulties - will fly out.

[Bubblestonemax]

All these are problems a trader faces in this market. A trader needs to be disciplined and follow his strategy for maximum benefits. This is the best way to go about it. Also, greed is a killer and we need to kill greed off in this market

[baricuri]

If we are impatient, we will never succeed in this world, and electronic money to succeed, we must have the patience factor. is necessary

[weblaraveluser]

for me personally, the difficulty of trading is to maintain the mental itself, we are too often lulled by the state of the coin position that is above and underestimates the matter of the FUD, so that when the coin we have is affected, the result is our mental down.

In my own opinion fud is the reason why the market prices are dropping so hard so people should be more knowledgeable before they sell or invest on cryptocurrency.

[holtzmann]

The last point is the key. We are greedy creatures, we can’t stop at the right moment. However, skills needed for trading come with the time. Shaping your strategy and gaining experience is the only way to overcome the difficulties and learn how to control all the processes.

[bitcoinposts]

One major point in trading is it is difficult to cut loss and control greed if we can attain peace in trading with minimum profits then we can expect good long-term profits

[gilangIDR]

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

The hardest thing that I experienced as a Trader was to control emotions.
I admit that when we cannot control emotions and also patience we will get bad results.
A Trader needs a knowledge, experience and also a chance. When a trader has criteria like that then success is getting closer !!!

[Farma]

well, I think the statement is true, and almost everything I have ever felt. I think the statement that made me think about it the most was when I tried to get rich, and made me become greedy. well, a lot of experience I got from this.

[wayaneka]

One of the difficult thing for me in trading is difficult to do cut loss and i just thinking and confident the price will be back going up and this is my big mistake because the price dumped hard to more than 50%, so to solve this my problem, now i only use crypto exchange that has fitur stop limit so i can use it for stop loss automaticly and i can reduce the loss without doing cut loss manually that i difficult to do.

[doomistake]

All these are problems a trader faces in this market. A trader needs to be disciplined and follow his strategy for maximum benefits. This is the best way to go about it. Also, greed is a killer and we need to kill greed off in this market

Being greedy won't give you the profits that you are looking for, it might be the reason why you could lose it instead. In Trading, a lot of things should be consider before making a trade, it is not just about how good you are, how many profits you are making, and so on, sometimes you should know the word "mature" and "disciplined", because no matter how good you are in Trading, if you are an immature brat then that could be a problem.

If you are an immature could easily mentally breakdown just because you made a wrong decision, but if you are mature enough in Trading, you could handle all of the situation that you could possible face.

[eaglewhite80]

One of the difficult thing for me in trading is difficult to do cut loss and i just thinking and confident the price will be back going up and this is my big mistake because the price dumped hard to more than 50%, so to solve this my problem, now i only use crypto exchange that has fitur stop limit so i can use it for stop loss automaticly and i can reduce the loss without doing cut loss manually that i difficult to do.

I have seen several people say things like this and that is because they still simply use emotions to trade and that is one bad thing to always do. As long as you know what you are doing, you have a plan and strategy before entering a market position, the ease to always use your stop loss as long as you know things are possibly not going your way will be there.

However, people tend just to rush into things, they do not practice well before even attempting to start trading a market and because of that, they end up flopping badly while realizing they have made a huge mistake but always to late to reconsider.

[yansen]

well, because trading on crypto or forex is not only from analysis and strategy, but also from self-control and emotions. and make patience the main thing. calm, slow, relax, enjoy. that is all the main important components in trading. for further analysis, strategies, targets, etc. are the second level to make maximum profit. so don't forget feelings, emotions, and patience. that is important.

[Knabu]

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

Solutions:

1. Use good R:R with 1% SL
2. Exit when you identify bearish divergence in indicators/resistance/candle
3. I'm understanding this it's hard to leave computer when you're at loss = only take good R:R-setups with MAX 1% loss.
4. I've no idea what this means
5. Good R:R with 1% SL
6. No need to stop there if bearish divergence/reverse-pattern is nowhere to be seen.
7. Experience will help with this one, watch the trade progress through analytical eyes and disregard your feelings.

[ufalo3]

This business has really become a bit complicated. You are watching how the price of the coins is changing, and you cannot understand which crypto is the best.

[himtater87]

well, I think the statement is true, and almost everything I have ever felt. I think the statement that made me think about it the most was when I tried to get rich, and made me become greedy. well, a lot of experience I got from this.

Greed and some sort of emotion is one thing you should always rule out if you want to be a good trader. I have seen people said so far that stop loss has been a major challenge for them, but really it should not, if you know what you are really doing in a market, you know what to look at before entering a trade, you know what to do when you want to get out, and you also know what to look at to know the market is ready to go lower. Decision making in a market or any scenario can only be done right when you have the knowledge and if you are blank, you will always flop.