I fail in trading

[TRADE OR HODL]

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.

I recommend you try to trade on some decentralized exchange, i personally trade on ethermium.com, this is great DEX, full anonymity, market and stop orders. Market is red right now, maybe it's last chance to buy some token with such a sweet price

[harleymasters]

In my opinion, you should learn more about human emotions. It is really a necessity when entering into this market. First, we need to control our emotions, the second is to capture the emotions of investors. This is really very difficult but if you catch the investor psychology you can expect the wave to bring a great opportunity.

[ryzaadit]

Not many people can trade and earn during a bear market,  so don't worry. Soon the situation will change and the entire cryptocurrency market will start to grow again. Then you will get back your losses.

Whent its the soon date, to be honest cutlose can be one of the solution. Why cutlose because if the cryptocurrency still down trade sell its a good option. So the investment not stuck on that crypto only.

[drachman]

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.

Failing or losing is part of learning and in that way, you would grow if you would just learn from what you did and think of ways on how you can improve it. All of us are newbies and then those who persevere eventually succeed because they don't easily give up and would continue to strive hard. Every time they would fail, they would come back stronger. You learn by watching videos, by reading or if you are really serious in doing this professionally in the future then it would be better to have a mentor because your learning curve would be lessened.

If we fail, then we should recover what has been lost and I am pretty sure that it's the best ways to deal with our failures. However it made us strong most of the time, so it provides us more experience and knowledge.

If things were that easy then no one will ever lose money in the market because they will recover it immediately, when you lose money you need to see if you made a mistake, if you did it then you need to correct the source of that mistake, but if you did not and you still lost money there is nothing to worry about because even the most profitable system losses money from time to time.

[junglist.massive]

All the read materials you read and learned to analyze the price chart are very good to start but in reality all of those won’t always correct when practicing it only once. I think it's normal when you failed in first try. It’s your experience so that you don't fail again when trading in the future. Never give up just because you failed for the first time because it will help you to become a great trader in the future, keep trying starting from a low price so you will get the experience to overcome your failure.
Cheer for you and good luck

[LuvCyanide]

It was very easy to trade last year. Even beginners were able to make good money. This year is very difficult for trading, many investors lost money. Need experience.

[nydiacaskey01]

Aside from learning and reading, you need to apply what you read and learned. You need to make actual trades and there's nothing wrong if you commit any mistake. What I did when I was new is wrote everything in note book, whatever mistake I made so that I can read it again and avoid the same mistake. Learn how to read charts, its something that you cant get away if you plan to trade. You can't just rely on hunch or on what others are doing. Try to do your own research.

[ufalo3]

Not many people can trade and earn during a bear market,  so don't worry. Soon the situation will change and the entire cryptocurrency market will start to grow again. Then you will get back your losses.

The author of this thread was simply looking for the support. as I see, he has got it. naturally, most of us have last a lot, but when the rally starts, I hope to return the money that was invested in crypto.

[pundit]

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 are the pillars of success, do not worry, try to get to babypips dot com to check about tech analysis, try to learn the chart pattern, support, resistance and candle bars, trade on demo account and one day you will realize that market is talking to you, then comes the part of sentiments.
If its a loss then accept it and do not try to fight the market, look for another opportunity, keep a strong money management, if you follow all these rules I am sure you will win in trading.

[CryptoPowerL]

Do you expect to get an answer in this thread? Trading is a type of occupation that cannot be learned only in theory. It takes a lot of practice, while you get experience, you will often suffer defeat. If you stand in front of all failures, then you will succeed

[newbie-hero]

Trading is not very easy for newbie. You don't just wake-up sjd jump into trading. Doing that will help you to lose your money in a very quick way. Study charts, read books and most importantly, know how to control your emotions before jumping into trading. In doing that you reduce the number of failures in your trading.

The guy must be ready to lose if he trades. each newbie had some losses when he started. The experience and skills come with time. Simply do not give up when something is going wrong.

[Ranly123]

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 fully understand the fundamentals of trading then there is minimum reason for you to fail unless you are being too reckless in doing your trades. You should remember the basic in trading which is to buy low and sell at high. In that way you can minimize your loss, but of course it requires patience which newbies don not have.

[suzanne5223]

It was very easy to trade last year. Even beginners were able to make good money. This year is very difficult for trading, many investors lost money. Need experience.

Yes, was the best time to learn crypto currency trading for beginners because the market was simultaneously gaining some pump in price but people seems not to understand that crypto trading was not meant for everyone and every years, season and times have the kind of strategy which cryptoneir have to apply.

[iged_war]

It was very easy to trade last year. Even beginners were able to make good money. This year is very difficult for trading, many investors lost money. Need experience.

Yes, was the best time to learn crypto currency trading for beginners because the market was simultaneously gaining some pump in price but people seems not to understand that crypto trading was not meant for everyone and every years, season and times have the kind of strategy which cryptoneir have to apply.

current condition and last year totally different.at this moment too many fud in cryptocurrency market, meanwhile last year people very optimistic with bitcoin and altcoin price.

[gabmen]

It was very easy to trade last year. Even beginners were able to make good money. This year is very difficult for trading, many investors lost money. Need experience.

Yes, was the best time to learn crypto currency trading for beginners because the market was simultaneously gaining some pump in price but people seems not to understand that crypto trading was not meant for everyone and every years, season and times have the kind of strategy which cryptoneir have to apply.

current condition and last year totally different.at this moment too many fud in cryptocurrency market, meanwhile last year people very optimistic with bitcoin and altcoin price.

There's really no perfect time to learn trading. It's the experience that you garner along the way that'll give you an advantage. I think's it's even better to try and study the market in a bear trend like this compared to when we're always getting positive movements. This is when you'll learn how to react when the market takes away your money.

[Morpexmorpex]

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.

I believe that you need to be very attentive to the trading market and do not miss the opportunity to buy and sell. to enter the market is with the utmost caution), my advice is better prislushat to experienced traders)

[NotFomo]

Of course, in order to learn how to trade, you need to make a lot of effort. But now there are many tools to help you do this, various articles, analytics, examples of successful traders, etc. Also at the beginning of the study it will be useful for you to try trading on the demo version in order not to lose funds. I found a new exchange Velvet, there is such an opportunity, plus this exchange publishes a lot of useful information for novice traders.

[EcoChavCrypto]

It is not your fault at all, i have been trying to trade for a long time already and i am always having some mistakes that are making me loss a lot of money.
I am trying to use a lot of algorithms and other programs to facilitate the trade, but it is quite difficult after all, but not impossible.

Also, the market is not positive, specially for all the traders like us

[Pagoda.to]

i have been trading for a long time now and there has never been a moment where I thought I had it all figured out. Something always ends up biting me in the a** but hey thats the name of the game

[kakonhat]

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.

We don't know what you had learned in past. So maybe, we can't give you which you need more to learn. But I can tell you easy step for next to do. Just go back to your past and find out which you did wrong. Now, what you are felling that which you should not do in past and which you should do in past. We know that we learn from past wrong. So, go back to your past history of trading and decision.