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Author Topic: I fail in trading  (Read 25102 times)
Cadaver20
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September 28, 2021, 04:57:31 PM
 #821

Gaining experience about trading can be a bit of a loss at first. However, it will not be the case. Because those who stick will one day be experienced traders. One day they will become successful traders by following their new strategy.
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September 28, 2021, 06:07:53 PM
 #822

Trading need experience and experience comes with trying again and again, by buying only one coin and failing in that doesn't means you are a good trader, as i have lot of trader which are my friends but they didn't have that much experience even they are earning, but sometimes they made losses which hurts them a lot. This is only lack of experience and not having much patience.
Trading again and again without making profit is the worse cause you are losing money in the process and may end up being broke, people are only advice to go into trading with much experience and Trading shouldn't be seen as only source of income or a profession, it not something you keep trying without profit
That's right, don't make trading your main source of income. The risk of loss can come at any time, so it is not natural for people not to have other real jobs. Talking about trading again and again will make bigger losses, actually to start trading next do a better analysis. Of course, people who are able to analyze it already know the strength of the market and skills in trading. What needs to be removed is the mindset of getting rich quick in crypto, nothing is instant because everything requires process and patience.

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September 28, 2021, 07:34:03 PM
 #823

More than 95% of traders fail in the first five years of their trading career,  trading abilities comes with experience and after many losses.  Trading Cryptocurrency is not for everyone,  if you however continue to learn and be confident in your own abilities trusting you will be able to do what is needed to be done without hesitation,  you will eventually be successful!

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September 28, 2021, 07:39:16 PM
 #824

Gaining experience about trading can be a bit of a loss at first. However, it will not be the case. Because those who stick will one day be experienced traders. One day they will become successful traders by following their new strategy.

Those who continue and not to be bothered by that loss will earned knowledge that will help and guide them to a much better trading experienced.

Just like you said, one day they'll be more successful since they treat that loss as learning path for betterment of their trades.

More than 95% of traders fail in the first five years of their trading career,  trading abilities comes with experience and after many losses.  Trading Cryptocurrency is not for everyone,  if you however continue to learn and be confident in your own abilities trusting you will be able to do what is needed to be done without hesitation,  you will eventually be successful!

Not for everyone who don't have the courage and will to deeply understand this venue of investment,

High risk but the rewards is very decent if you compare things to other venue of investment, you need

to allow knowledge and skills to develop, not an easy task but if you are keen you'll attained success.
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September 28, 2021, 08:19:42 PM
 #825

More than 95% of traders fail in the first five years of their trading career,  trading abilities comes with experience and after many losses.  Trading Cryptocurrency is not for everyone,  if you however continue to learn and be confident in your own abilities trusting you will be able to do what is needed to be done without hesitation,  you will eventually be successful!
I hear this up on forex trading but i dont know on what are the chances here on crypto market but basing with unpredictability and volatility alone then i wont be surprised that it would really
takes years before you could really make yourself effective or sustainable on this market.Fails and mistakes are very common which you shouldnt really make out some conclusions on quitting
directly just because you had lost up money in your few trades.This isnt something that you could get on very first few tries.This would involved lots of trials and errors.
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September 28, 2021, 08:24:50 PM
 #826

Maybe you should connect with a local hamster for trading advice....  Wink

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September 29, 2021, 03:35:22 AM
 #827

If one has failed in trading,its as a result of so many factors.It might be that you did not seek help from the right source,you just dived in,it might be also that you didn't invest at the right time,but in all,trading requires a strong and solid financial background,and a strong heart as well.

Trading is not hard to do if you follow the right process,get knowledge and help from the right source.continue personal research on the trading you want to enter into.and also bearing in mind that there are two things involved in trading,it's either you loose or you gain.
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November 03, 2021, 04:30:20 PM
 #828

Trading requires patience and large part of your daily time. If you rushes to get profit then absolutely you will not. If you want to get profit in trading you should invest in Bitcoin and Solana. These two coin are very hot coins nowadays. Like these coins there are so many other coins in which you can make investment. But before going to start trading you should first  seek about it.

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November 03, 2021, 04:57:04 PM
 #829

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 such a wise decision that you ask from experienced people.
When a trader fails to learn the basics of trading, failure is inevitable. Such traders are the ones terming trading as scam and gamble.

If you must succed in trading, you need to learn and practice a lot of things.
It's not usually easy from the beginning but if you persist, your hard work will surely pay at the end


Search for some useful tutorials on YouTube and practice on demo account.
Build self confidence, exercise patience while hunting good setups, always use good money management, have a good trading plan and be emotionally stable while trading. Honestly, you need to learn a lot.

I wish you good luck!

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November 04, 2021, 11:58:24 AM
 #830

Trading requires patience and large part of your daily time. If you rushes to get profit then absolutely you will not. If you want to get profit in trading you should invest in Bitcoin and Solana. These two coin are very hot coins nowadays. Like these coins there are so many other coins in which you can make investment. But before going to start trading you should first  seek about it.

It's like a business that you have to put an effort into, you cannot be successful right away, it requires a lot of experience and reflecting on your mistakes until you become consistent in trading. It's not a one-time big-time kind of business, it's kinda risky because we are dealing with risk, but with enough knowledge and skills, that would minimize the risk and you'll be profitable in the long run.

if someone failed and give up right away, then I must say he/she is not destined to be a trader.

R


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November 04, 2021, 02:51:19 PM
 #831

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 are alots to learning in trading not just commonly looking at the chart. Trading is broad and to excel in trading, you need to be versatile in chart reading, fundamental analysis, technical; which also encompasses chart reading, indicators, institutional terms and many.
You need to a mentor that will lead you through the journey of trading, guiding you against any form of obstacles. Remember that trading is not an ordinary game.

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November 04, 2021, 03:42:22 PM
 #832

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.


Trading is easy if you learn and study first before you enter into actual trading. It needs a lot of understanding, patience and different strategy. You can learn here in forum and also on different social media.

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November 04, 2021, 08:51:09 PM
 #833

Failure is a good sign that you are on the road to success. Keep working at it!
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November 04, 2021, 09:08:14 PM
 #834

Failure is a good sign that you are on the road to success. Keep working at it!
Not all failures does really guaranteed success because there are really moments which you would really be thinking on quitting for good because of the current condition that you are into but most of the time failures are just part of your success because if you dont work hard on it then you wont really be seeing any progress on your trading.

Just puruse on your career and dont easily give up because theres nothing simple when you do engage with trading.Everything should be
be working hard.

Few fails isnt a solid reason for you to quit but rather thinking off on enhancing and developing yourself further more.
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November 04, 2021, 11:54:35 PM
 #835

Fail in trading here in cryptocurrency I think is just a normal aspect for the traders here in my own little way.
Because, even the expert one faced this kind of loss. That is why risk management is useful for this matter especially to all
traders who made most of the time trading in any of the exchange we got here in crypto space.
You are right that trading in cryptocurrency may not be successful. There are two types of possibilities in trading, one is profit and the other is loss. Only those who are much more knowledgeable and experienced may not face any loss when it comes to training.
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November 05, 2021, 10:13:19 PM
 #836

Failure is part of the business of trading.Failiure does not mean all hope is lost,it simply refers to try again later.It is only those who quit after failing,that have failed,but in as much as you are still trying,there is every tendency that success will certainly come.
If you have failed in trading,all you need to do is to sit back and re-strategise,have a new method on how you go about trading,read new ways of trading,that is to say that you research more.Learn from people that are experienced in the field,they will direct you,and failure will no longer be your portion,but do not relent.keep on trying
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November 07, 2021, 05:02:10 PM
 #837

Losing money in trading is part of the game, everybody who trades for long enough will have a bad week, a bad month. It's like with everything else in life, there will be good and there will be bad days. What is important for a trader is how we deal with our failures. Losing money is painful and should be avoided as much as possible. But if it does happen we need to be very critical about it. We can make the right trading decision but be unlucky about the timing. Before selling any position and realise our loss it's important to evaluate our position. Maybe instead of selling quickly we can just hold our position for another few weeks and make back our loss without trading. That is why we should judge our success or failure on a longer time period. Looking at our profits every day can be misleading. Better make averages across all our trades and see how well we did this year or last year. Also it is important that if we take a loss and sell our position that we realise what actually went wrong, maybe there was a problem in our decision making that we can correct.
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November 07, 2021, 05:06:37 PM
 #838

You are not the first or the last one to fail but the good thing is that you have realized that you are making some mistakes.
Trading skills and experience are something that you will get with time and it takes a lot of learning and patience but it's not impossibe.
Just don't rush and make desperate moves, invest small amounts that you can afford to lose and learn from your mistakes so you don't repeat them anymore.
It takes time but it's worth your efforts.
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November 07, 2021, 06:19:50 PM
 #839

Quote
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.

Try to be patient with your coins in the market, if you want to make a good profits from the market. When others are rushing to sell in the market try to do your own personal research to know if it is time to sell or buy in the market for you not to regret with your investment. Always listen to the forums information for you to be able to know when the market is looking good to sell and make a massive income. Try to avoid short term investment, if truly you want to feel the massive profits others investors are enjoying in the market.

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November 07, 2021, 06:26:10 PM
 #840

To get into trading and knowing about the chart and the graphs of the coins you need some experience before getting into it, as trading without experience and investing more and more without experience is just losing yourself completely , I hope you would understand What I'm saying, so always ready with what you have and where you are?

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