I fail in trading

[otundebis]

The most important ability to have in cryptocurrency trading apart from your ability to analyze technicalities,  is been able to feel and know how market behave in different market situations. It will take some experience but it is possible to predict market behavior to very large extent!

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[Ararbermas]

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.

failures is always happened mate especially on this kind of situation which is risky. no one can avoid it honestly even you own a lot of strategy and you have enough experience and knowledge, still it will happen.  probably even experts experience failures sometimes.  So don't blame your self because  it's a normal scenario , just accept the fact and lesson learned.

[whitemigos]

Thanks for the sincere suggestions. I should get more knowledge before I come here to complain ... Thanks again

[rumexx]

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 have followed what you enumerate  above then  there is nothing remaining than for you to pick up yourself and  continue your simulation trading which will help return your confidence and improve your timing of the entering point to the market. Though there is one thing which you did not mention and that is a mentor. Do you have a trading mentor? If you do not have you need to get yourself a mentor who will still be guiding you till you will become a terrific trader.

[millensharon8]

Fall in trading is common thing and almost all of traders had experience such as it and although there was several people who called traders expert but they also had experience to lost but the difference is they can able recover back their losses and everything is not happened instantly here that to being an expert you have to through plenty of process to reach that achievement and the most important is do not give up

It is even a general thing for those who are just starting out to trade which is the reason I always tell newbie traders to never try to get into trading to making money immediately.

They need to build on their experience after at least learning some few things and get good with their strategy until they are pretty sure they are ready for the real world. If you skip a part when it comes to getting things right, you will always have problem and you do not want to be starting to gain experience with real life funds. Start with paper trading or demo funds until you are sure you are good and ready.

[Sadlife]

Im also a novice in trading like you and had failed a lot because it's really hard to predict the price when analyzing for an uptrend or downtrend because sometimes it might go down even if the token that you've bought has good fundementals when the whales wants it to go down it will go down.

[engrawaz]

Almost everyone fails when they start trading, it is no big deal just be careful not to risk your lunch money.
I think the most important aspect of trading is psychological rather than technical. Research the psychology of trading and how to leave your emotions out of your trades. second comes all the other theories and techniques in analyzing the market trend such as Technical analysis, Fundamental analysis, and Cyclical analysis. I am sure you will find a ton of material on those topics on the Internet.

[hitrawal91]

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.

Dude you are new and this happens to every trade.This is the real of the trader that how can you redeem yourself after bearing a loss.One loss or two loss does mean that you fail just mark the Money that you have loss and this time deal with lot of patience and trade safely at the start and after you get to know everything than you take bigger risk.

[tupovik]

Everything does not come right away) All newcomers to trading and not only fail at first. But you need to take this defeat as an experience that will help in the future.

[Jaci]

There are many people who left the trading after losing some money with trading platform. They think that nobody can make profit by trading. Most of the people lose their money in trading but I think their ideas are completely wrong, because trading is possible to do a lot better. If you fail in trading, never leave the trading, but rather find out the reasons for your loss and afterwards, do not forget that these mistakes are not going to happen. You will also see that you have started making good profits at one time.

[Xardasim]

In my opinion you should give superiority to fundamental analysis and trade if you have any information of any innovation or if you come to a conclusion from technical analysis. Never be afraid of losing, every time you lose, you are one step closer to earning.

[oriontab]

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.

One of the often ignored fact about trading is that the fact that everyone cannot be a winner, your gains are someone else's losses and vice versa and that it is a game of the survival of the smartest, If you do decide to make a fortune or career off trading, then you have to really study and be good at it,Do not an average investor, they lose money to the smart invrstor

[cryptowolfsu]

Every successful trader started somewhere and it starts with learning the basics and practice.
Start with amount that you are comfortable with, even if you lose it. Learn from others trading
experience but always make your own decisions.

[Beparanf]

In my opinion you should give superiority to fundamental analysis and trade if you have any information of any innovation or if you come to a conclusion from technical analysis. Never be afraid of losing, every time you lose, you are one step closer to earning.

Losing is part of trading, its good to fail when we learn but if we keep on failing then think of other ways to learn more as much as possible if you want to keep trading.

[Getcoinsite]

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.

Failure is indee in terms of daytrading or even in short term holding because of the main reason cryptocurrencies are volatile and don’t even assures you profit

I have been failed for how many times before i got my first profit in daytrading because since i came here in crypto community all i did is invest and make them for long term holding

Now luckily i am gaining little by little,and you wanna know who teaches me?its Youtube that gives me more learning and skills ,so if were you better watch videos than listening to the advices people here given you

[whiteblue]

if you fail in trading I think you just can't control your patience and I am very sure you are very easy to panic at the sudden price rise and sudden fall, that will make you fail when trading, trading requires confidence and patience is very high and you must be able to control your panic. You also have to be able to learn good ways to find out a good position to buy and sell coins, if you have done it all I am sure you can get a profit every day.

[tadpole_bitfrog]

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.

When failing, do not be discouraged quickly. You should consider the market at that and why you failed. I feel that most investors are now failing when the prices of markets like forex, stock and crypto are down. That shows that we are in balance. Be strong and wait for a better future.

[galambo]

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.

Considering your rank, i guess you are new to trading part. I would first like to know about your past experience in various fields. Trading actually seems a way simple but is complicated and it is not really that easy to earn some funds there. Trading not only requires a lot of patience but also needs a lot of knowledge of the coin you are investing into.

How and why did you failed in your first trading? Was the coin dumped? Or is there any other reason behind it? Trading will need you to draw most of your attention and also even than it is not been fixed that you would always go in profit. Several times, the coin we invest into gets dumped or the price falls a way down. In such situation rathar than selling the coin, you should hold your coin to see a greater price ahead. HODLING is always better than panic selling.

Did you sell your coins as soon as you saw the price dumped? Always remember to HODL untill you see some good price which would atleast give you some profits. Try to set a stop loss so that even if the coin is dumped and is turning a dead coin, you will have minimum loss.

[cute nmp]

Trading cryptocurrencies is not that easy because of the high risk it has you can easily lose lots of funds in trading.The best thing to do before trading is to make a good research about the coin you want to trade & analyse its price chart but since you are new to crypto i think the best thing is to wait and learn more till you have more experience of trading .

[petermike]

The main reason for my trading failure is that when the market goes down, i worry too much every day that makes me mistake in the basics of trading. Another reason is that i am constantly afraid of failure. Too much fear, too much stress has a negative impact on my health and is definitely my result.