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Author Topic: I fail in trading  (Read 19277 times)
Thermytee
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July 13, 2019, 07:17:18 PM
 #581

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 obvious you're just starting and ready to continue tipl you start making profit which is a good thing and shows determination. However, trading is not a child's play. It requires so much research and study with unlimited patience. You need to first research generally on tokens and narrow it down to  a few that you will invest on. You then do a deeper research on which of them will be profitable based on different factors. This way, your risk and loses is minimised.

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July 14, 2019, 06:36:23 AM
 #582

The majority of traders don’t adjust their strategies depending on conditions, and they don’t monitor the strategy they use. Consistent speculators don’t just adjust strategies but also follow the performance of the strategies they use, not only in testing before they use them but in real time.
Read the full blog here

https://www.altcoinsidekick.com/blog/ninth-ground?SQF_PAGE=ninth-ground
It’d definitely help you out. 
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July 14, 2019, 01:47:43 PM
 #583

I believe that there are a lot of people here in crypto world who also experienced to fail in trading, because trading is not easy to do it requires patience and to avoid failing in trading we also need to be smart and we should learned from our past mistakes in trading and makes it motivation to became successful.

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July 14, 2019, 04:57:05 PM
 #584

A failure may be a normal thing in trading because of that failure we can learn to be better in the future in trading, maybe the way you do is right but you have to be more careful in choosing coins to trade and again the graph does not always determine success and  whether we trade

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July 29, 2019, 02:50:42 PM
 #585

I’m sorry that you’ve faced such a pity situation. Nevertheless, keep on trying, and don't stop once you failed. Yeah, it's important to know the basics, but put the knowledge you received into practice. Also, you may try using some crypto bots or info bots that will carry informative and monitoring function. For example, maybe trading well be an easier task for you with CEX Info Bot for myself — https://t.me/CexIoInfoBot. In addition, I like that it informs about price movements and market changes. Maybe, you need something like this as well, who knows.
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July 29, 2019, 04:56:55 PM
 #586

For some reason, I can not navigate the cryptocurrency market to engage in daily trading.  For some reason, I’m not getting profitable to buy and sell coins, and it so happens that I not only do not make a profit but also remain in the red.  How to guess the boundaries of price fluctuations for a certain coin?
You condition is not much different from what many traders are facing but what is the consolation is that in the long run you will become expert and making money through trading will become an easy thing for you. Don't be surprised that time will come that the same you will start to educate others in the future.
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July 30, 2019, 02:17:41 PM
 #587

I've lost a lot in various projects and I think the best thing is to keep your bitcoins by investing only in very serious projects and always investing in the long term, never expect to earn in two days

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July 30, 2019, 08:58:31 PM
 #588

I've lost a lot in various projects and I think the best thing is to keep your bitcoins by investing only in very serious projects and always investing in the long term, never expect to earn in two days
Yeah investing and trading your money for long term is the best thing because it gives an opportunity to gain profit from trading. Before getting in trading search from Google or from bitcointalk.org to find good website and be free from all kind of scamming projects get some coins and trade for long term it will help you not to lose anything.

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July 31, 2019, 12:34:45 AM
 #589

trading management, you have to learn about it,
at least that's all for beginners so they don't make the wrong decision when trading.
if trading management still doesn't understand, it will be difficult to trade calmly and patiently.

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July 31, 2019, 12:53:27 AM
 #590

This is the problem of many here in crypto business industry, most of the time newbies thought that trading is an easy things were you can able to get profit immediately, but they are totally wrong with it. It is a matter that one of the factor that we need to patience, and have a self-control so that our emotions won't able to control us every time the market was in bad shape.

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August 08, 2019, 10:11:02 AM
 #591

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.

Chart is important thing to analyze but there are also other things that you have to analyze as well. The fundamental of company of the coin and the changes external business environtment of that company. If you want get profit easier then you only need to wait until the trend of the market is positive.

Making mistakes is okay.Chart and analysis are the main things that should be considered when you're trading.So don't give up and try one more time.I can suggest you to trade on Monfex.It's a very conveniet platform and will be suitable both for pro traders and beginners
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September 04, 2019, 12:11:02 PM
 #592

XERA Exchange is an exchange that wants to make the #trading process far superior to others by providing the professional tools required for precise trade executions.

With each new #crypto added to the #xera (@xeratech), overall liquidity will increase. https://xera.tech

#cryptocurrency #trade #tools #finance #blockchain #fintech #increase #ethereum #liquidity

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September 04, 2019, 12:19:47 PM
 #593

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.


That's right, actual trade is most effective way for you to become a successful trader. With this you can testify to others your experience.
Also you will know the feelings of winning and loss in trading. Meaning, failure in trading is just a part of it being trader in this field of industry.
You really need to know how to read the chart even basic only, how to apply patience and controlling your emotion and timing.

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Gozie51
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September 04, 2019, 10:36:50 PM
Last edit: September 04, 2019, 10:53:13 PM by Gozie51
 #594

You are not alone buddy..) many traders when begin to tade pass throug failing, its normal... i recommend you not to trede but invest in perspective coins, you will be rewarded in near future...

Most times, trading can discourage you when you keep recording losses. I realize is for people who have the heart to take risk that succeed not  everybody should trade. So we have to learn better first before going in.

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September 05, 2019, 03:12:14 AM
 #595

A newbie in trading needs experience, just experience. Any trader without experience is doomed to make mistakes dangerous for his deposit. I concluded that the success of most traders begins after about 10 years of trading approximately.

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September 05, 2019, 05:38:45 AM
 #596

successful trading is hard work and luck, I have had many attempts to fail, but I do not stop and also read and try a lot.If you lost a lot, maybe you should think that it's not yours.

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September 05, 2019, 08:24:45 AM
 #597

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.


That's right, actual trade is most effective way for you to become a successful trader. With this you can testify to others your experience.
Also you will know the feelings of winning and loss in trading. Meaning, failure in trading is just a part of it being trader in this field of industry.
You really need to know how to read the chart even basic only, how to apply patience and controlling your emotion and timing.
trade is an opportunity management, where we set analysis as the basis for us to step in trade. of the many transactions that we do each of, of course, experience errors after the price does not match our expectations. but it is natural because sometimes trading gains and sometimes losses. the first thing we do is discipline in analysis

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September 05, 2019, 12:58:16 PM
Merited by Mark_R (1)
 #598

You are not alone buddy..) many traders when begin to tade pass throug failing, its normal... i recommend you not to trede but invest in perspective coins, you will be rewarded in near future...

Most times, trading can discourage you when you keep recording losses. I realize is for people who have the heart to take risk that succeed not  everybody should trade. So we have to learn better first before going in.
Failure is always a blow to the mind and makes many traders discouraged, especially new traders, they are too inexperienced in this regard, they do not realize that except for them, there are many people who fail in trading around them but the most important thing is failure and continues to be what those people do. Because behind failure are successes, stopping and bewilderment will only lower our morale, the negative is not good, go ahead and look for a better result than what we should do, no one is successful in just a few times.

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September 05, 2019, 01:24:11 PM
 #599

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.


What resources did you use?
Have you tried demo rading?
What trading style did you start with?
How much time are you spending on your trades?

Also here are the books I was starting with:
"Behavior of Prices on Wall Street"
Toby Crabel:
“Day Trading With Short Term Price Patterns and Open Range Breakout"
Murphy, John J.:
“Technical Analysis of the Futures Markets” - MUST (charts, candles, basics...)
Edwards and Magee Boston:
"Technical Analysis of Stock Trends"
Wilder, J. Welles.:
“New Concepts in Technical Trading Systems”
Dr. Elder.:
“Trading for a living”
Larry Williams:
“Long-Term Secrets to Short-Term Trading”

Follow me on Twitter to keep up with the latest trades, get price analysis and other trading hints:
https://twitter.com/MarkRobTrades
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September 05, 2019, 01:27:19 PM
Merited by Mark_R (1)
 #600

Don't worry about failing. In fact 90% of traders fail anyway. What you really need is to pick yourself up and educate yourself more. Hone your skills, do more practice trades and when you become better, you become one of the 10%.


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