I fail in trading

[conected]

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 such an aphorism (I no longer remember who first expressed it) that in life there are no failures, failures, in life there are only lessons. And these lessons are an important part of the experience. It is impossible without this. The more you learn from the market, the more educated you are. And this is a specific education. Not what is given in college, but much more important. For example, losses provide an important lesson - they teach us not to lose.

- Inspirational quote about the lesson we learn when we fail, it has been conveyed a lot in the past and extends to the present but to be honest, to understand the lesson, to understand the feelings of failure and to cope with it is always a different setting for each person, some people will take the failure lightly and immediately step back into the journey, some will cry and some will fall asleep in failure. Trading is a place of training and emotional uplifting too much, ignoring the image of the past to create the best version, that's probably a lesson.

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[CoinFoxs]

The most important thing in trading currencies ( not just Cryptocurrencies ) is money management and management risk. If you already manage your risk and the money you put on every trade, you could get consistent profit per month.

Trading is the name of patience if you don’t have patience you may loose your investments. If you want to get some good profit then invest from the amount which you don’t need in near future, so invest from your spare amounts so when the price drops you can wait for price to increase. Mostly people invest from the amount they have with them for their expenses so when price drops they are in hurry to sell as they need for monthly expenses. That’s why they fail and loose their capital amount.

[Tomtomwole]

i dont think you failed yet, you need to do it again. everyone is a failure at one point. no one does it once and gets it right you just have to be consistent and persistent. dont mind your failure even if you fail again. you will soon be good at it.

[oilton16]

i dont think you failed yet, you need to do it again. everyone is a failure at one point. no one does it once and gets it right you just have to be consistent and persistent. dont mind your failure even if you fail again. you will soon be good at it.

same thought it is important do not think about you feeling and analyze why this failure actually happened

[EiKaGlaShPriSAThWEl]

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…

That is all true. One of the advantage of knowing trading or knowing how to trade is you know how control your money or coins to avoid big losses and of course to earn. There are lot of people who have tried trading but due to having not enough knowledge, they lose and sometimes leave trading. Trading may seem to be as simple as buy low sell high, but when you are at the point to look at the market you'll be asking yourself is the market low or high?

I tried one but I falied. There is something I don’t know? Please tell me more.

What was the coin that you tried to trade and how long did you trade the coin? Some coins are good for long term hold. Some coin  are good for scalping.

[Nrcewker]

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 not new to be honest. At first everyone fails and yes that’s fine .
In fact people learn from failures only and failures has the more right path to get to success.
Yes but if in your first trade you invest a huge amount that you shouldn’t need to do , then yes that will be considered as foolishness.
Before trying anything, you just need to do a little research and i am sure that little research will be enough to save you from losses. Yes it won’t give you profit but you too won’t face losses.
Moreover if you still don’t know how to trade or which coin to buy or sell and when? , then it’s better to follow some great trading analysts. You can follow them on Twitter for free and can use their calls.
Hope this helps you OP. Wish you best of luck for your future trading.

[Dilerium90]

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.

Not one successful trader can do without their own statistics and strategies. You should try to trade a lot and fill in your statistics, keep a log of trades. Then choose what you trade well and improve on it.

[santiPOGI]

Fail in trading is part of the organic way whether you are newbie or old traders here in this field of business industry.
In short, whether you are experts or not both can encounter losses of their coins or assets. But most of the time of course fail
always happen for the newbies who came up here in crypto space.

[MUG1WARA]

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 at the beginning is what everyone goes through when starting the trading career your not the first neither will you be the last it's part of the price towards becoming a successful trading, if you aren't failing you aren't trying, whenever you fail you learn a lesson and you become smarter and wiser than before, so keep trying don't forget to watch some trading tutorials and read some books, keep trying till you become a professional trader, it's all about your determination.

[wahyu wida]

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 at the beginning is what everyone goes through when starting the trading career your not the first neither will you be the last it's part of the price towards becoming a successful trading, if you aren't failing you aren't trying, whenever you fail you learn a lesson and you become smarter and wiser than before, so keep trying don't forget to watch some trading tutorials and read some books, keep trying till you become a professional trader, it's all about your determination.

failure by novice traders is a common occurrence, but we can take lessons from these failures, so that the future will be better. Traders who can survive in the market are those who have experience, that means every trader must always practice until he finds a trading style that is comfortable for himself, so that they can enjoy every profit or loss.

[Alucard1]

Trading is really risky and there are so many things you need to learn before you become an expert trader, don't be sad about losing money in trading, you chose that way then accept the consequences, mostly those beginners who tried to do trading always lose their money it is because trading really requires good knowledge and well experience, so before you try to invest, it is better to do research first to avoid losing money.

[finaleshot2016]

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 at the beginning is what everyone goes through when starting the trading career your not the first neither will you be the last it's part of the price towards becoming a successful trading, if you aren't failing you aren't trying, whenever you fail you learn a lesson and you become smarter and wiser than before, so keep trying don't forget to watch some trading tutorials and read some books, keep trying till you become a professional trader, it's all about your determination.

failure by novice traders is a common occurrence, but we can take lessons from these failures, so that the future will be better. Traders who can survive in the market are those who have experience, that means every trader must always practice until he finds a trading style that is comfortable for himself, so that they can enjoy every profit or loss.

Failure will still occur once we get blinded by the profit. Yes, it's good to learn from people's mistakes so we can play safe in our trading activity but mistakes will still occur once we became greedy on investments. This is my experience as well, I've lost a lot of money due to mistakes of entries and position, that's because I'm too excited to gain profit. We should apply how technical analysis and chart pattern works on trading so we can't lose a cents on trading.

[Kez1817]

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.

Don't stop after first time of failure. Use your experienced to step forward and learn to avoid loses. Analyzing the price chart and graph is not easy as you think, it needs time to learn. Importantly, you learn step by step while doing trade and you need also learn your own strategy on how to earn profit out of trading.

[JooBra]

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.

Don't stop after first time of failure. Use your experienced to step forward and learn to avoid loses. Analyzing the price chart and graph is not easy as you think, it needs time to learn. Importantly, you learn step by step while doing trade and you need also learn your own strategy on how to earn profit out of trading.

Yeah same advice don't stop every begining is hard. Maybe try trading with small amount of money so you can learn with experience in start. Later you can ramp up your game when you feel more comfortable.

[OgNasty]

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.

Don't worry.  Almost all traders fail.  That's why people say to hodl.  Everyone has this dream of becoming rich when trading.  That is why when crypto bubbles every 4 years you see the most activity going into shitcoins.  It's because people all think they're the trader that's going to make a million bucks in a month, then they all lose everything when they realize there's no liquidity in their shitcoin to get out. 

If you really want to learn to trade, first of all now isn't the time to be learning with crypto because markets are acting irrationally, but also you should learn the basics and set yourself up for reasonable expectations.  If you are trying to earn more than 10% per year trading, you don't have reasonable expectations and are going to just toss money at shit hoping some other fool pays more for your shit later. 

Start at the beginning.  Use a site like caps.fool.com and get your expectations right, learn to value things, then you can start the multiyear process of building a portfolio that will be able to provide for you someday.  That, or buy the biggest piece of shit you can find and then look for the biggest fools on the internet, as that seems to be the trend in crypto today, and you never fight the trend .

[Lanatsa]

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.

Don't stop after first time of failure. Use your experienced to step forward and learn to avoid loses. Analyzing the price chart and graph is not easy as you think, it needs time to learn. Importantly, you learn step by step while doing trade and you need also learn your own strategy on how to earn profit out of trading.

Yeah same advice don't stop every begining is hard. Maybe try trading with small amount of money so you can learn with experience in start. Later you can ramp up your game when you feel more comfortable.

Mistake here is that majority of newbies or to those who are just starting up is they do really expect too much on what they've been dealing with which means they are really
trying to expect that they would immediately make profits or money out of their initial trades

When the time they had lost their trades then they do immediately regret and quitting right away but there are some who do go back and tend to look for their mistakes.

This is trading where price is always unpredictable which is why making profits is always not that easy as we do think off.

[kawetsriyanto]

I tried one but I falied. There is something I don’t know?

As a newbie, it is normal to be failed. You probably need more knowledge and more careful in trading. There are various reasons why a person can fail in the first attempt at trading, you need to evaluate yourself. Some possible reasons:
1. Less knowledge
2. Less analysis before buying
3. Buy a wrong coin
4. Use a wrong strategy
5. Impatience
6. Buy at a wrong time
7. Follow the hype only
8. Less experience (v)

Actually, every trader must ever fail in trading, especially when they are at the newbie level. You need more time to know more about trading. Just learn from the failure and get more knowledge. Don't give up!!!

[Benefactor]

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[pjwaffle]

No one can guarantee success in the crypto trade. I have learned trading for 4 years but have not found a good solution for my trade.
everyone has different talents and I decided trading wasn't a good idea. I quit.

The fact is that the cryptocurrency market is generally very difficult to make a profit, since there is not a single day when the market has been stable.  In addition, personally, I very often dealt with such coins, where speculators pumped and dropped coin prices, while I was always left without anything.  I saw certain opportunities for generating income from daily trading, but for this you need to sit near the monitor for almost whole days and monitor the market, while forgetting about rest and free time.

Try your best, no one is perfect, even those who have succeeded in this field have experienced many times of heavy failures, Every time we fail we have a lot of experience from there. summarize and make accurate judgments for yourself

[monineklutak]

No one can guarantee success in the crypto trade. I have learned trading for 4 years but have not found a good solution for my trade.
everyone has different talents and I decided trading wasn't a good idea. I quit.

The fact is that the cryptocurrency market is generally very difficult to make a profit, since there is not a single day when the market has been stable.  In addition, personally, I very often dealt with such coins, where speculators pumped and dropped coin prices, while I was always left without anything.  I saw certain opportunities for generating income from daily trading, but for this you need to sit near the monitor for almost whole days and monitor the market, while forgetting about rest and free time.

Try your best, no one is perfect, even those who have succeeded in this field have experienced many times of heavy failures, Every time we fail we have a lot of experience from there. summarize and make accurate judgments for yourself

It's true that not all failures will end in a bad way because after all we decide for ourselves,
with us failing we can get a lesson there so that in the future we will not repeat the same mistakes,
so no need to worry because failure is not the end