I fail in trading

[Daboy_Lyle]

Failing is normal especially to those beginners like you. Getting loss in trading doesn't mean of not continuing on trading. Many newbies fails and stops but it isn't good for you to stop. You should learn and analyze why or how did you fail where in you can fix where you got wrong. Sometimes asking other trader will and doing demo trading to have a higher level IQ on trading.

[zhekinsp]

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.

Just doing it once or few times is not going to get better you at trading,you need to make it many times to understand and learn from the mistakes then only you can think about being a successful crypto trader.

[kkaroul4]

failure is not the end of your journey in trade because everyone who has been successful in trading has never experienced a failure. so with the failure it will be our lesson to correct mistakes that have been made

[hulla]

You have to learn from that fail so you know your mistake, if you do that you can create trading strategy much better. I think all trader already make mistake and they keep learn about risk management, trading plan, technical & fundamental analysis and psychology of trading.

Honestly, crypto trading is not meant for everybody because there are some certain things which a crypto trader need to put in check before such trader can make a profitable trading. I'm talking about been patience and always thinking outside the box because the crypto market can make a pump which there's nothing to back it up or proof the reason behind the pump.

[ranman09]

Just like any beginner at first, I thought that if I just learn everything then I will not fail and riches will come to me fast. I was wrong. The secret is actually how you are built. You will need to first build yourself. Build self-esteem and most importantly understand that "success is built from learning on failures".

I would suggest OP and anyone print that quote or something like that and read and internalize every time you start and end your trading session. It will surely help.

[whaawh]

Just like any beginner at first, I thought that if I just learn everything then I will not fail and riches will come to me fast. I was wrong. The secret is actually how you are built. You will need to first build yourself. Build self-esteem and most importantly understand that "success is built from learning on failures".

I would suggest OP and anyone print that quote or something like that and read and internalize every time you start and end your trading session. It will surely help.

In any case, first of all, you need to realistically assess your chances and not chase after a fresh profit, and then the results will be better. As they say, no need to be greedy. Of course, for a beginner, the most important thing is to get experience and you need to understand that even a negative result is also a good experience.

[yvesp110]

I think if you go into trade, I think you also have a lot of research and are also good at choosing coins whose potential is increasing, I think you will also be easy to succeed to make a profit

Yes good knowledge is one of important rule to start trading and  in starting every trader will have to face failures but with time they use to learn the same way, I would suggest new traders before getting in market make sure you are well aware of trading rules and you got enough information after passing through deep research about trading.

[hahay]

I think your way to get started is correct and you just have to fix it to not repeat it later, if you realize it deeper maybe there is still panic or your control is still not good so that panic makes you lose money in trading. If you are able to read the chart then I'm sure you have understood when to sell and buy, maybe you are affected by negative issues or whatever, realize more in every mistake if you want to keep going by fixing every failure you have experienced.

[whirlcoin]

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.

for this situation a statement I remember Failure is a stepping stone to success this statement is apt for this situation because everyone had failure in sometime in training it cannot be rejected by anyone so if you fail in trading analyse why we are not successful if you find the reason after that you cannot made a mistake again.

[shesheboy]

Just doing it once or few times is not going to get better you at trading,you need to make it many times to understand and learn from the mistakes then only you can think about being a successful crypto trader.

Yeah practice makes perfect . if we want to be perfect then we need to keep on trying and practicing but that is not easy as what we do on other activities because here in crypto the market is unpredictable . no matter how you master your skills , the outcome can still differ

failure is not the end of your journey in trade because everyone who has been successful in trading has never experienced a failure. so with the failure it will be our lesson to correct mistakes that have been made

Succesful traders never experienced a trader ?  Did i read it right or that was only a typo ?  Success do always starts at failures  . sucesful people are not born but they are made  . at some point of their lives they do also experience to loose alot more than what we loose before they achieve their success .

[BeGoods]

all must have failed, it would be an experience for us to be more careful in carrying out buy order positions because we usually do not observe further in making these decisions

I have experienced a loss of more than 0.1btc in just single trade, thats shame, because my mistake is holding on for too long,
everyone has experienced a failure and the wrong choice, but after that of course you will get important lessons, just enjoy the learning process mate..

[Ezenwanyi1]

I believe you fail in trading probably because of your lack of required trading skills like you just said.
To be successful in trading, there's the need to acquire some basic knowledge about how trading is done.
It must not be the technical analysis or candle reading.
Just learn the basics and upgrade gradually from there.
Wish you luck.

[onecall123]

I think if you go into trade, I think you also have a lot of research and are also good at choosing coins whose potential is increasing, I think you will also be easy to succeed to make a profit

Yes good knowledge is one of important rule to start trading and  in starting every trader will have to face failures but with time they use to learn the same way, I would suggest new traders before getting in market make sure you are well aware of trading rules and you got enough information after passing through deep research about trading.

Exactly! without disappointments you basically don't get the market sentiment to deal further, even you never know how to respond during the bear or bull season. At that point you may anticipate a boost in price and awareness. Continually dealing with getting the new data and move toward otherwise not only you lose money, but you'll lose the whole thing.

[superscommessebitcoin]

You have no idea how long it took me to trade at a profit. At first I lost money because of ignorance. But then I decided to devote more time to the study of theory, and then again to practice.

[richcorner100]

I also failed in trading and learn from that loss, i keep learn to know what is my mistake and which best strategy for that. My mistake is too greedy, i dont have enough risk management and dont have skil to analysis the trend of market.

[quality.crypto]

Every trader will fail to make money in many cases but it does mean that they failed to make money through trading, while trading we need to have enough patience in order to control our emotions when the market situation is completely in downtrend instead of selling them for loos. People who wait for market recovery will always make plenty of money.

[MuhNofa]

all beginners in tranding must experience it, and in my opinion experience is the best science that you can absorb so you don't fail in the future, so remember to remember what you did before

[Dr.Osh]

all beginners in tranding must experience it, and in my opinion experience is the best science that you can absorb so you don't fail in the future, so remember to remember what you did before

failure in trading is a natural thing, especially for a beginner. well, even people who have often traded cannot avoid failures in trading. therefore, make it a lesson, and form a new personality.

[gaston castano]

all beginners in tranding must experience it, and in my opinion experience is the best science that you can absorb so you don't fail in the future, so remember to remember what you did before

I think not all beginners experience such a thing, because in my opinion failure is very closely related to luck and mentality,
so if that person can maximize their potential then he will always be successful.

[Annalise24]

I think being able to analyze the market movement and read candles is crucial but first, you need to start with the basics before the analysis part.
Having  basic knowledge and skills will help mitigate losses .