I fail in trading

[emberbekas]

I’m a newbie in trading. I want to improve my trading skills. I have heard some experienced trader said that I should learn and read more before start, and also get some experience. Trading requires a lot of patience and hard work, learn about the way to analyze the price chart, when they can be able to analyze price chart they will know the best time to buy and sell and know which one is the best coin to trade…
I tried one but I falied. There is something I don’t know? Please tell me more.

There is nothing perfect in this world and no exception to our trading activities. Failure isn't something that is frightening and it should be a trigger for us to improve ourselves. Continuing to learn and practice are two things we need to deepen every day. Don't give up quickly!

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[Vaskiy]

Experiences is our great mentor. You are not the only one who failed in trading. Try to join some discord groups who are offering and sharing some useful tips , strategies and informations you all need in trading. Also, there are so many topics here in forum that will enlighten your mind about trading.

Experimenting is way better than experience, because as a beginner traders will not be having good experience in trading. Slowly they need to experiment with small funds understanding the market. Only with this way it is possible to gain experience along with learning about the market. When one finds success with small funds automatically can move to bigger funds.

[Distinctin]

Experiences is our great mentor. You are not the only one who failed in trading. Try to join some discord groups who are offering and sharing some useful tips , strategies and informations you all need in trading. Also, there are so many topics here in forum that will enlighten your mind about trading.

Experimenting is way better than experience, because as a beginner traders will not be having good experience in trading. Slowly they need to experiment with small funds understanding the market. Only with this way it is possible to gain experience along with learning about the market. When one finds success with small funds automatically can move to bigger funds.

But it could be better to follow the others strategy for the start and learning from them.
You're right, start with the small fund and gradually increase later as a way of learning and finding effective strategies.

Failure is just a part of being a trader but don't think it as the end of our life in crypto, indeed it is a learning experience and made us to open-up our minds.

[kennen1113]

I’m a newbie in trading. I want to improve my trading skills. I have heard some experienced trader said that I should learn and read more before start, and also get some experience. Trading requires a lot of patience and hard work, learn about the way to analyze the price chart, when they can be able to analyze price chart they will know the best time to buy and sell and know which one is the best coin to trade…
I tried one but I falied. There is something I don’t know? Please tell me more.

There is nothing perfect in this world and no exception to our trading activities. Failure isn't something that is frightening and it should be a trigger for us to improve ourselves. Continuing to learn and practice are two things we need to deepen every day. Don't give up quickly!

Failure is just a story every day for ordinary traders, even for professional traders, they cannot escape the fate, from newbie to professional, failure always follows them, it is nothing too scary, don't let it become a barrier and stop our development. what we should aim for is improving and upgrading our knowledge after every failure, more effort to make the frequency of failure fall over time, which is the best result we should think about, instead of trying to think about the complete elimination, it is impossible

[SportsbookBettor]

I remember when i'm trading in the past i always have a very bad decision making when buying and selling my target investment in trading which resulted to multiple losses. I scratch my head when i lose especially if i get in a position to trade where hype is going on. That's the time i stop  putting money quickly and i always search now. Information is very important for me now because it's hard to trade with emotion getting in my way.

[icecube45]

Failure in trading is a natural thing. Even professional traders will fail. You have to be able to find out where your mistakes are that make you always fail. Like trading on the right coins, your trade management, your emotions, etc. It must be done well. It's useless if you have good emotional and management but you trade on the wrong coin, and vice versa. And to be successful in trading is not enough with just one trade, this requires several trade to succeed. So you don't give up, keep trying and stay patient so you can get your profit.

[Caladonian]

Experiences is our great mentor. You are not the only one who failed in trading. Try to join some discord groups who are offering and sharing some useful tips , strategies and informations you all need in trading. Also, there are so many topics here in forum that will enlighten your mind about trading.

I agree, things that can developed more on your trading ventures, joining working groups will bring some enlightenment with your daily task, while reading some threads here will guide you to be more selective with any assets to buy and hold, never to regret if you failed but use it to gather more inspirations and basis to continue working with your knowledge.

[krusovcher]

We all are Don’t worry

[lerdo_451]

We all are Don’t worry

Just yesterday I lost 240 bucks on some dumping. Can’t even comprehend how that happened

[krusovcher]

We all are Don’t worry

Just yesterday I lost 240 bucks on some dumping. Can’t even comprehend how that happened

relax, dude as I told you we all make mistakes

[lerdo_451]

We all are Don’t worry

Just yesterday I lost 240 bucks on some dumping. Can’t even comprehend how that happened

relax, dude as I told you we all make mistakes

I know

[Dreamchaser21]

We all are Don’t worry

Just yesterday I lost 240 bucks on some dumping. Can’t even comprehend how that happened

relax, dude as I told you we all make mistakes

We make mistakes but we have to continue trading because if we stop then there’s no chance for us to get profit. Its normal to loss money in trading, its not a failure the failure is only when you stopped trading so continue to trade and do it with proper knowledge this time.

[krusovcher]

We all are Don’t worry

Just yesterday I lost 240 bucks on some dumping. Can’t even comprehend how that happened

relax, dude as I told you we all make mistakes

I know

try the ones either with good margin or safe panel like binance for instance

[lerdo_451]

We all are Don’t worry

Just yesterday I lost 240 bucks on some dumping. Can’t even comprehend how that happened

relax, dude as I told you we all make mistakes

I know

try the ones either with good margin or safe panel like binance for instance

I think I just need to get some knowledge first cuz i feel like Im kind of blind in this trading

[wayancrypto]

You have to learn from that fail so you know your mistake, if you do that you can create trading strategy much better. I think all trader already make mistake and they keep learn about risk management, trading plan, technical & fundamental analysis and psychology of trading.

[Dilladupak]

I think if you go into trade, I think you also have a lot of research and are also good at choosing coins whose potential is increasing, I think you will also be easy to succeed to make a profit

[sempak]

all must have failed, it would be an experience for us to be more careful in carrying out buy order positions because we usually do not observe further in making these decisions

[Question123]

Failing is normal and all people do mistakes. Maybe there is something wrong in your decision but also maybe it is good.
Even me I have a lot of knowledge about trading and also to the coins but Im still losing my money or do failure but once I do mistake I will make a research to avoid it and improve my skills and that's I think you need to do that to yourself to avoud making mistake  in the future.

[mirakal]

I think if you go into trade, I think you also have a lot of research and are also good at choosing coins whose potential is increasing, I think you will also be easy to succeed to make a profit

You can do that but it does not guarantee you will fail.

The decision is always on us, if we will continue then good but if we quit early that would be our end here in crypto.
Trading should be considered a serious job, where you will put your passion to develop yours strategy, and put the passion as well.
You will love it when you are challenge and with your love on it, this will help you gain more information to develop your skills.

[babarian]

You just tried one strategy, and why did you fail? That's because your strategy is bad for the current market conditions, so you need to know more about the characteristics of the coins you will trade.