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Author Topic: My luck is very bad for crypto trading 😞  (Read 26353 times)
Natalim
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May 15, 2019, 04:25:41 AM
 #661

Stay grateful that whatever you get, even if it's only a little, doesn't mean you aren't lucky. Better as my lesson every day and every hour checking the market. So we will not be left behind important moments.

Profits are not always from a large number and your words are very true, This only depends on the nature of someone to judge the benefits for them. Do good things and new plans to make small profits are great.
If we are consistent in making profit in trading, even if we make small but it will also over time.
We can bet on ourselves with bigger amount as we know we can achieve a profitable result, that is trading, we learn until we improve.

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May 15, 2019, 04:39:37 AM
 #662

Trading any assets is first of all a strict understanding that you need discipline, patience and the ability to wait, so the market can not always grow or fall, it's cyclical changes!
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May 15, 2019, 05:17:01 AM
 #663

Stay grateful that whatever you get, even if it's only a little, doesn't mean you aren't lucky. Better as my lesson every day and every hour checking the market. So we will not be left behind important moments.

Profits are not always from a large number and your words are very true, This only depends on the nature of someone to judge the benefits for them. Do good things and new plans to make small profits are great.
If we are consistent in making profit in trading, even if we make small but it will also over time.
We can bet on ourselves with bigger amount as we know we can achieve a profitable result, that is trading, we learn until we improve.
That is what trader must do. I mean consistensy even it is not big amount of profit. Make target for profit we want everyday, know how to stop or know how to take a rest when we already profit is good to control oursef.

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May 15, 2019, 05:44:09 AM
 #664

I also have bad experience yesterday,  i bought XRP afew week ago with the price 0.33 USDT and after that the price dump to 0.26 USDT and i have to wait about 3 week to recover that loss by sold XRP by price 0.33, but after sold it, the price going up more others 60% , so i miss big profit.  Lesson learned, should be i use stop limit order so i will not miss that big profit.

Too bad for you dude, don't you know that XRP is not a good coins for me even though it has a good price in every exchange but it is considered as one of the centralized coins. Where it is obviously controlled by the whale investors, for me poor are the investors who will try to attempt to buy it because for sure in the end their capital will turn into nothing.

Agree with you, but even the supply of XRP is very huge which we cannot able to predict how much price the coin will pump because of the supply. Before investing in XRP we need to hold them until we make a profit because within days it is impossible for any coin to make a profit. Most of the people don't like XRP because it is a centralised coin.
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May 15, 2019, 06:59:37 AM
 #665

Trading any assets is first of all a strict understanding that you need discipline, patience and the ability to wait, so the market can not always grow or fall, it's cyclical changes!
yes, this is not something that can be easily obtained. in this case, trade also has strategies and other things to think about. when you feel loss, you need to think about shortcomings, and the mistakes you make, so that when you do the next trade, you have a better chance.


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Natalim
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May 15, 2019, 07:13:20 AM
 #666

Stay grateful that whatever you get, even if it's only a little, doesn't mean you aren't lucky. Better as my lesson every day and every hour checking the market. So we will not be left behind important moments.

Profits are not always from a large number and your words are very true, This only depends on the nature of someone to judge the benefits for them. Do good things and new plans to make small profits are great.
If we are consistent in making profit in trading, even if we make small but it will also over time.
We can bet on ourselves with bigger amount as we know we can achieve a profitable result, that is trading, we learn until we improve.
That is what trader must do. I mean consistensy even it is not big amount of profit. Make target for profit we want everyday, know how to stop or know how to take a rest when we already profit is good to control oursef.

Consistency will bring you long term success, but it's not necessary that you will have to profit on a daily basis as it's impossible.
Only make sure you have more good trading decision compared to your bad decisions, then you are in profit.

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May 15, 2019, 07:28:14 AM
 #667

I think luck only plays 1%, sometimes effort and persistence can change your luck, and what you get is enough to give profit, if you think you have "bad luck" then you have become greedy. all traders have experienced this, for that we need to re-correct the lessons about trading, and how much your profit target.
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May 15, 2019, 07:50:20 AM
 #668

I think luck only plays 1%, sometimes effort and persistence can change your luck, and what you get is enough to give profit, if you think you have "bad luck" then you have become greedy. all traders have experienced this, for that we need to re-correct the lessons about trading, and how much your profit target.
Well said, with trading the contribution from luck is very small. It is our effort to analyze the market gives us with the best results in buying, selling as well on selection of the right asset from the 2000+ number of cryptocurrencies. People always target and trade which is where loss happens and describes it a bad luck, though mistake is theirs.

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May 15, 2019, 03:25:05 PM
 #669

I think luck only plays 1%, sometimes effort and persistence can change your luck, and what you get is enough to give profit, if you think you have "bad luck" then you have become greedy. all traders have experienced this, for that we need to re-correct the lessons about trading, and how much your profit target.
Hard work doesn't alone makers a better person we need to be unique when others are failing to be more successful are you are just another failure to the market.
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May 15, 2019, 03:32:06 PM
 #670

We all have different luck in trading. Me as well have a very bad luck in trading. That was I believe 2017. Actually I did not trade, I just want to transfer my funds. I lost .055 btc to binance, I did not know that I put the wrong address. But, hell did I know that it is the right address to my binance account.




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May 15, 2019, 06:59:36 PM
 #671

You need to have a reasonable amount of experience before investing real money in crypto trading otherwise you will be doing try and luck and guessing game. Ensure you have a clear strategy before trading real cash.
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May 15, 2019, 07:59:40 PM
 #672

Trading is simply playing with the coins volatility and earning from it. Since we all know that each coin has its own level of volatility, we should also expect to check its price more often to avoid getting price maturity and loss. Lessoned learned mate. I know you wont do this again. Still keep on trading.

If you trade seriously, you should live with it every moment and work a lot. You must monitor the rates of the cryptocurrencies and get the news from the crypto world as often as you can. Then the success will finally come.
I totally agree with you bro, day trading is one hell of a job, the thing is, try to set out time when you trade and set out your relaxation time as well, if not, your life will be one hell of a shit full of worries and anxiety
Some people love to live with those kind if risk taking decisions everyday so they are going to do this for making huge profits with less physical effort.Nothing is best here but day trading with risk seems much better than working under someone.
If a person is not making profit on daily basses he should try to make his trading skills get polished because there are so many ways we can use to overcome the lack of luck, we should try to learn trading as much as we can because trading knowledge and awareness matters more than our luck, so don’t worry and don’t consider yourself unlucky ever.
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May 15, 2019, 11:53:11 PM
 #673

if you want to make a profit, you don't need to make a sell order after buying, and apply a 2-8 month deadline and still have to be monitored every day.

Nowadays there are many trading communities on telegram etc., at least we also need variation in the thinking of other traders for our own decisions, especially for the coins we are looking for. there are many factors that make us less likely to face personal fomo, so want not just about your luck.

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May 16, 2019, 02:33:42 AM
 #674

Don't watch the chart in real-time, it will really affect your decision and make bad tradings. You can just buy a coin, set a sell limit and check back again after few days. Or if you already satisfied with your gains, sell it, don't be greedy. A gain is a gain.

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May 16, 2019, 04:19:50 AM
 #675

Stay grateful that whatever you get, even if it's only a little, doesn't mean you aren't lucky. Better as my lesson every day and every hour checking the market. So we will not be left behind important moments.

Profits are not always from a large number and your words are very true, This only depends on the nature of someone to judge the benefits for them. Do good things and new plans to make small profits are great.
If we are consistent in making profit in trading, even if we make small but it will also over time.
We can bet on ourselves with bigger amount as we know we can achieve a profitable result, that is trading, we learn until we improve.
That is what trader must do. I mean consistensy even it is not big amount of profit. Make target for profit we want everyday, know how to stop or know how to take a rest when we already profit is good to control oursef.

Consistency will bring you long term success, but it's not necessary that you will have to profit on a daily basis as it's impossible.
Only make sure you have more good trading decision compared to your bad decisions, then you are in profit.
Yes, daily profit i think is serious things to discuss. Because with all skill not bring us to get daily profit. But maybe if we get profit, we know how to take a rest and stop. I think it is good than we jump again and then we stuck again in market.

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May 16, 2019, 05:49:22 AM
 #676

If you do not have enough experience in trading, then in the world of digital assets you need to take at least six months or one year and use only reliable and proven sources of information, every day they become more!
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May 16, 2019, 08:20:21 AM
 #677

This is the problem most of the time for the individual traders in every exchange. Particularly for the newbies or beginners here are always depend their profit in luck which is not right actually. They must get inform first here before anything else or proceeding in the actual trade.
In fact, feeding themselves in knowledge is more important rather than putting themselves into battle don't have any weapon to fight for.
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May 16, 2019, 08:56:42 AM
 #678

If you do not have enough experience in trading, then in the world of digital assets you need to take at least six months or one year and use only reliable and proven sources of information, every day they become more!
in the world of trading, I think experience alone is not enough. even when you have been trading for a long time, but you don't study, I think it's useless. don't rely on luck in this regard, because the results are sometimes disappointing. experience is indeed needed, but, the most important thing is to learn from experience.
Tccrypto
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May 16, 2019, 09:27:09 AM
 #679

I don't think it has to do with luck, most times it's about analysis, both fundamental and technical

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May 16, 2019, 09:42:24 AM
 #680

I don't think it has to do with luck, most times it's about analysis, both fundamental and technical
luck also has to do with trade because if someone is lucky it means good things come to him. if we have done the analysis and others, but we are not lucky, it's useless in my opinion. those who try desperately will be with the lucky ones.
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