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Author Topic: I fail in trading  (Read 25102 times)
4IRIK
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February 15, 2020, 08:28:10 PM
 #621

Mate I feel you.

In this case I highly recommend this risk monitor and stats reporting assistant. This is the only app I use and it helped me to increase my profit a lot.
It controls risks at several accounts (not like a stop loss, it has more options) and makes advanced reports. So you always see where you lose and what to improve

Here it is  - https://www.bitinsure.com/

Looks like this:


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February 15, 2020, 08:34:57 PM
 #622

For me - the best opinion is to join to the good calls group.
I lost a lot when I learned to trade, but after I found normal calls - everything seems easier and profits are bigger also
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February 15, 2020, 11:58:45 PM
 #623

There is a lot of tips and resources that can make you a better trader. Don't let you limitation stop you from achieving greatness. Most traders fail and failed again before getting it right.

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February 17, 2020, 02:25:10 AM
 #624

There is a lot of tips and resources that can make you a better trader. Don't let you limitation stop you from achieving greatness. Most traders fail and failed again before getting it right.
To become a good trader, you must have great confidence in investing and never give up because this market always has a way for you to make money. I have been in this market for a long time and now it is easier for me to make money from here. However, you will certainly experience a lot of failures and there will be times when you will get bored when you cannot make a profit from this market.

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February 17, 2020, 05:13:46 AM
 #625

failed in trading was not a disaster for us. every one ever felt this when they starting trading. we could took important lesson to improve our knowledge and skill in trading, make a note for every mistake that we did before. by creating journal like this, i am sure we will not repeat same mistake in future, and we know how to overcome this mistake. learnt from every mistake will be good experience for us to be good trader that able generate consistant profits .
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February 17, 2020, 12:54:05 PM
 #626

I think that they prompted you absolutely correctly about the fact that you need to constantly study. Everyone makes mistakes. Do not drop this case if you have failed several times. You recognize all the mistakes with experience, which in the future will allow you to develop your individual earnings strategy.
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February 17, 2020, 01:25:27 PM
 #627

failed in trading was not a disaster for us. every one ever felt this when they starting trading. we could took important lesson to improve our knowledge and skill in trading, make a note for every mistake that we did before. by creating journal like this, i am sure we will not repeat same mistake in future, and we know how to overcome this mistake. learnt from every mistake will be good experience for us to be good trader that able generate consistant profits .
Failure can be a bad thing but it is not all black, some people are just thinking too much or exaggerating on this issue because they are trainees, they're just looking at the rewards, the numbers that others are creating, they don't verify everything before joining this market and they become afraid when they fail. Failure at first will help them adjust and correct the thinking that is too naive, that will create a change of mind and become more mature in trading. If a person fails and only looks at the darkness, their life will be there forever.

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February 17, 2020, 02:04:46 PM
 #628

If you fail in trading, it doesn't mean that you can never become successful trader. Failure is a part of trading process where it is the time to know our weaknesses. I've fail many times but I'm still trading where my win rates are now higher than the past years. I'm not afraid to fail because it makes me strong, if you fail then move on and identidy then use the lessons that you get from it in order to become a better trader.
only traders that could survive from any failure will be good traders. every failure will sacrifice our money ofcourse,
yes traders who survive and learn from from there mistakes can only be successful in trading , we make mistakes daily we must learn from it ,

trader must not get frustrated from losses he have to analyse why mistakes happen and avoid it
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February 17, 2020, 02:23:40 PM
 #629

I was in the same situation too because of lack of discipline. I created a mobile to enforce my discipline on trading. I only consider to open a trade when Trading Edge (https://www.gettradingedge.com) send me a push notification. Trading Edge provide me a way to create a trigger with the conditions like "Bullish Engulfing formed on EMA 20 in ETHBTC", send me a push notification! Once I get an alert from Trading Edge, I will consider to open a trade. Otherwise i generally don't overtrade.

Please try it out and let me know what you think!
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February 17, 2020, 02:45:13 PM
 #630

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.


Actually you have have said everything in your comments. You have to have patience in trading and also need gather experience. For this at first you have to make small trading and have to take help from senior trader. you can target at first some tokens from market and keep eyes on those 15 to 1 month then you can get experience.

best of luck.
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February 17, 2020, 02:49:37 PM
 #631

I was in the same situation too because of lack of discipline. I created a mobile to enforce my discipline on trading. I only consider to open a trade when Trading Edge (https://www.gettradingedge.com) send me a push notification. Trading Edge provide me a way to create a trigger with the conditions like "Bullish Engulfing formed on EMA 20 in ETHBTC", send me a push notification! Once I get an alert from Trading Edge, I will consider to open a trade. Otherwise i generally don't overtrade.

Please try it out and let me know what you think!

i dont know on why your loosing from over trading . you trade alot means your already sure of your actions  but the most common error for traders is that they cant act fast because they arent sure  .   you alreeady know what your weakness is and you already know if what is the cure for it .  so what more can we help for ?  the rest that you have said are also advertising  .  if you wana advertise that  , you better advertise it the proper  way  and not by randomly posting it on a serious discusions like this    .
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February 19, 2020, 02:39:09 AM
 #632

failed in trading was not a disaster for us. every one ever felt this when they starting trading. we could took important lesson to improve our knowledge and skill in trading, make a note for every mistake that we did before. by creating journal like this, i am sure we will not repeat same mistake in future, and we know how to overcome this mistake. learnt from every mistake will be good experience for us to be good trader that able generate consistant profits .
Need to accumulate a lot of experience in trading and must always have a reasonable investment strategy because the market is very volatile and not everyone is confident enough to do this. I have experienced many failures in the past and it was the worst time in my life but after that I became more confident and made more informed decisions. However, if you feel you're not good at trading, you can choose to invest in some new projects and wait patiently until profitable.

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February 19, 2020, 09:28:58 AM
 #633

Many complain when all the preparations for trading are perfect and the results fail. Actually most people fail when trading not because of
technical errors. Instead of failing to control emotions, almost every trader forgets that. What he thinks about is only technical. I only
analyze when I also fail when trading turns out to be due to emotional factors, I am sometimes too greedy and also sometimes less patient.
The key to trading in my opinion must be able to regulate emotions, because if we can restrain our greed and also can be patient when trading.
So profit is very easy to get.

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February 19, 2020, 11:29:08 AM
 #634

For me - the best opinion is to join to the good calls group.
I lost a lot when I learned to trade, but after I found normal calls - everything seems easier and profits are bigger also

I agree with you because if you attend a good group you will get a lot of information from there and there are many big business people who can learn from them You will have to work hard so that there is no risk to the business and there is less chance of being born.

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nekonyun
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February 19, 2020, 07:31:17 PM
 #635

the most important thing to learn in trading is risk management and if you can you just have to practice reading price movements on the market such as in tradingviews, of course you have to learn how to read market price movements from books or YouTube
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February 20, 2020, 02:14:44 AM
 #636

the most important thing to learn in trading is risk management and if you can you just have to practice reading price movements on the market such as in tradingviews, of course you have to learn how to read market price movements from books or YouTube
Everyone will have different trading strategies in this market but at present, YouTube is a very popular resource for everyone and if you spend the time watching, you will accumulate a lot of new knowledge. However, to become more successful, you will certainly experience a lot of difficulties and not everyone can do this. I have been in this market for a very long time but my trading knowledge is only average and there is still a lot I need to learn.

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February 20, 2020, 03:26:33 AM
 #637

For me - the best opinion is to join to the good calls group.
I lost a lot when I learned to trade, but after I found normal calls - everything seems easier and profits are bigger also
is there any recommendations mate of which 'Good Calls Group' to join?those legit?because i have seen or being invited to these prediction groups but nothing that i find helpful.and also some are asking for payment/fee but giving nothing but losing.
i know that trading is risky that is why i support semi long term or long term Holding and also diversifying my funds for better outview in profiting and much safer ways.

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February 20, 2020, 04:04:32 AM
 #638

I agree with you because if you attend a good group you will get a lot of information from there and there are many big business people who can learn from them You will have to work hard so that there is no risk to the business and there is less chance of being born.

I think working hard is the risk of itself.

Volatility and other risks that come with cryptocurrencies are not the only risks you are taking, there are still these risks that you might not know. Working hard is an example since it is a risk for your physical health or mental health. You can't invest in something without risk, I mean anything that you put your money in is a risk, that is why we learn to manage these risks.
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February 20, 2020, 04:47:09 AM
 #639

There is something I don’t know? Please tell me more.


Besides skills in analysis and making market trend predictions, it's also important to control your emotions as fear and greed are great threats to success in trading. There are many articles on how to avoid troubles associated with emotional trading behavior. You can read this one or look for something else. Good luck!
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February 20, 2020, 04:56:33 AM
 #640

There is something I don’t know? Please tell me more.


Besides skills in analysis and making market trend predictions, it's also important to control your emotions as fear and greed are great threats to success in trading. There are many articles on how to avoid troubles associated with emotional trading behavior. You can read this one or look for something else. Good luck!

Yes, trading skills are very important in order to overcome the market situation, analysis is always important and this will predict the nature of the market in order to overcome the loss. There are many YouTube video's which we are getting an idea about the market situation when to sell and when to hold.
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