I fail in trading

[Gibreil]

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.

If you fail once stand and continue your journey. In trading, even pros can lose high amount because they failed to analyze the market. It is not necessarily that if you will learn the basic guide to trade or even you have been perfect in fundamentals of trading, you will never lose. This is a trial and error process. If you fail then just be better next time and learned from the past.

[jonaire99]

If you are dreaming of becoming a trader someday then giving up is not the solution and it will only make you more disappointed. Failure is a part of the process and use it as a learning experience because it will make more wiser and better if you try again. Failure will teach you how to become a better person or trader if you accept it and learned the lesson well. So instead of giving up, improve your trading skills and try again.

[Xalata]

Whenever you want to venture into something new, you should look at how you can improve your knowledge in it before venturing into it. That way you will avoid mistakes that have already been made by other people.

[lienfaye]

Whenever you want to venture into something new, you should look at how you can improve your knowledge in it before venturing into it. That way you will avoid mistakes that have already been made by other people.

Indeed, its important to gain knowledge before trying to enter in trading because that's how you'll going to know different things. Well its not really bad to commit mistakes because from it you'll learn, and you can improve your skills.

Knowledge and experience are some of the tools to become successful in trading, if you fail dont give up because its part of the process to become a pro.

[voltesbit777]

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.

To tell you frankly, newbies are not the only individual traders who got failed in trading, of course even the old traders encountered that too. 
If there are trading experts here in the forum there are few of them only. And I knew most of the community whether old or newbies are both in stage of learning actually. And I agreed that trading requires a lot of patience and hard work to harvest our fruit of labor in the end.

[EXtremeAEX]

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.

In general, if not to consider general acquaintance in the topic of crypto currencies, then at the very beginning I just bought Bitcoin. After that I began to seriously study how to trade correctly. This decision was dictated by the fact that I believed in Bitcoin, and I just invested in it, so I didn’t have an urgent need to start trading. As it turned out later, at that moment I did the right thing, but it was just luck.
Of course, before you start trading, you need to learn what a technical analysis is and how to use it. Also understand how to use charts and charts indicators. Only after that you will be able to understand at what point it is better to buy and sell coins, and before that you simply act on luck (or failure, as in your case).

[RiskToReward]

Check out my thread

https://bitcointalk.org/index.php?topic=5162650.0

[alendel0n7]

The difference is that a professional trader, who earns, makes fewer mistakes. In addition, the losses of a good trader are always limited, he does not stay in position for a long time if the market goes against him.

[voltesbit777]

If you fail in trading, don't stop instead keep going dude. As a traders it is normal I think to encounter that things, just don't repeat what you did wrong in trading if ever you want to make trade again in any of the exchange, instead change your tactics anyway. Just continuous learning and explore yourself more in trading. Good luck

[Bunsomjelican]

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.

Even how many times you fail, you keep continue and never stop learning mate. Show you determination, passion in it for sure in the end you will reap the hard work in the near future. Besides, you knew it already that trading requires a lot of patience so better to hold and keep that behavior to your personality.

[Fundamentals Of]

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.

Charts are really hard to analyze. Even lots of experienced traders cannot claim expertise on charting skills. But still, you really need to study them. Plus, please appreciate fundamentals. Prices are rising and falling not because the charts say it so; it is because there are news or developments that affect the price. So you have to constantly monitor them.

[btcyoda]

Mistakes will help us to learn many new techniques in trading in trading because you can see the current situation of the market altcoin value remain the same but we are losing the value of bitcoin. In the same way, we cannot able to predict the market situation so this will give us good ideas about market situations.

[slaman29]

The difference is that a professional trader, who earns, makes fewer mistakes. In addition, the losses of a good trader are always limited, he does not stay in position for a long time if the market goes against him.

I will say why that difference also happens. Professional traders usually work for someone else. They advice and they trade even perhaps, but usually not with their own money, so this is 2 things. Firstly, discipline is easier because it is someone else's money and you get a commission of every trade win or lose. Secondly there is a motivation to do consistent and small profits because you get more clients when you are successful. And as you say they always want to be flexible and not stuck in trades.

[atjiat]

For some reason, I can not navigate the cryptocurrency market to engage in daily trading.  For some reason, I’m not getting profitable to buy and sell coins, and it so happens that I not only do not make a profit, but also remain in the red.  How to guess the boundaries of price fluctuations for a certain coin?

[LimLims]

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.

Pretty inspirational story lmao.
But to be honest,  we really learn a lot from you.
Do at first a Newbie is never an expert in trading.
So everyone makes mistakes at first.
Moreover we learn from our mistakes only.
As far as some tricks? Then I can only advice to go for stable coins. They will surely prevent you from getting into losses.

[Mrengage]

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 the 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 failed. There is something I don’t know? Please tell me more.

One thing you need to know is: trading is not meant for everyone and secondly is not always a win-win when it comes to trading you really have to put in all it takes to make it out and thirdly the market trend is what will also determined. Now if you have these aspects like; how to cut out your loss and risk management with the rest definitely you won't lose in which if you are to lose it won't be that much.

[rhodelmabanal]

If we fail in trading, that's our biggest challenge to resolve personally. We cannot blame other people for that mistakes we did on trading badly.
Strive harder and do deep research that will eventually teach you more ideas to handle decision making. Because that's very important for every person who need to revive himself from being emotional in the midst of failure.

[Canoppo99]

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.

Chart is important thing to analyze but there are also other things that you have to analyze as well. The fundamental of company of the coin and the changes external business environtment of that company. If you want get profit easier then you only need to wait until the trend of the market is positive.

[brotherwood12]

unless you'r genius failing on first attempt is normal , just feel it and try improve what wrong with that falil , i cant say what wrong with you because
idont know how you do it , but learn from mistake is the best way to get though it

[Thermytee]

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.

It's obvious you're just starting and ready to continue tipl you start making profit which is a good thing and shows determination. However, trading is not a child's play. It requires so much research and study with unlimited patience. You need to first research generally on tokens and narrow it down to  a few that you will invest on. You then do a deeper research on which of them will be profitable based on different factors. This way, your risk and loses is minimised.