I fail in trading

[Distinctin]

Not everyone succeeds in this market and certainly has had a very hard time, so in one way or another, you cannot avoid failure.

This is a reality, everyone who are trying to start their journey in trading has to understand the risk and reward so they'll be able to make a realistic decision. We use our skills here in order to make consistent money but that skills are not build or achieve overnight, as a trader we will suffer failure but not giving up and continue correcting our mistakes is the key to success here.

Personally, I now make a lot of profits from day trading and the winning rate is higher than it was at the beginning.

That's good to know, you should inspire people to start trading and maybe share your experience as well.

[cryptothreads]

Failure is part in becoming a good and experience trader nobody starts in winning the market and making a ton of money in the very first try. Everybody has been in that position, always be persistent in learning but never be to hasty before making a decision like the saying goes "Think twice before you leap" and only trade the money that you do not need and dont try trading your whole savings especially when you're a newbie.

I am too familiar with losing money in this market because you are not always 100% successful in trading and sometimes you will feel frustrated because you do not know what to do next.

I think it is necessary to accumulate a lot of new experience and always add new knowledge because trading is a job that takes a lot of time. In addition, I also feel that I am not good at trading so I prefer to invest more.

[Flangler]

Failure is part in becoming a good and experience trader nobody starts in winning the market and making a ton of money in the very first try. Everybody has been in that position, always be persistent in learning but never be to hasty before making a decision like the saying goes "Think twice before you leap" and only trade the money that you do not need and dont try trading your whole savings especially when you're a newbie.

I am too familiar with losing money in this market because you are not always 100% successful in trading and sometimes you will feel frustrated because you do not know what to do next.

I think it is necessary to accumulate a lot of new experience and always add new knowledge because trading is a job that takes a lot of time. In addition, I also feel that I am not good at trading so I prefer to invest more.

To be honest, it's really not good to get in trading if you don't know about trading as it needs a lot of knowledge and information about trading and if you don't have so you will surely lose at the end so instead of loosing and first try to learn the trading skills well and then think about trading people make mistakes as a beginner and it causes them failure in trading so learn properly before trading.

You are 100% right. It is better to know some basics like Stop Loss or trailing stop loss. Knowing those basics can lead to avoiding liquidation.

[xandriel]

Failure is part in becoming a good and experience trader nobody starts in winning the market and making a ton of money in the very first try. Everybody has been in that position, always be persistent in learning but never be to hasty before making a decision like the saying goes "Think twice before you leap" and only trade the money that you do not need and dont try trading your whole savings especially when you're a newbie.

I am too familiar with losing money in this market because you are not always 100% successful in trading and sometimes you will feel frustrated because you do not know what to do next.

I think it is necessary to accumulate a lot of new experience and always add new knowledge because trading is a job that takes a lot of time. In addition, I also feel that I am not good at trading so I prefer to invest more.

To be honest, it's really not good to get in trading if you don't know about trading as it needs a lot of knowledge and information about trading and if you don't have so you will surely lose at the end so instead of loosing and first try to learn the trading skills well and then think about trading people make mistakes as a beginner and it causes them failure in trading so learn properly before trading.

Trading depends a lot on your decision and certainly learning trading is never enough because the crypto market is always changing greatly. I usually study trading at youtube because this is a very good learning channel for everyone but it is just the basic knowledge and if you want to become better, you need to have a reasonable trading strategy to avoid risks involved.

[asyakashi]

I am among those who have failed trading. have learned a number of techniques and tried to find people who will explain the risks of trading. Until now, it has been very difficult to get profit in trading.

[miningguru]

I am among those who have failed trading. have learned a number of techniques and tried to find people who will explain the risks of trading. Until now, it has been very difficult to get profit in trading.

It is not an easy task to get profits in a single day, we should always try to learn different techniques and it will surely help you make a decent profit. Of course, in some cases, you might fail to implement based on the market situation but don't loose hope towards trading. With a lot of dedication and patience will surely help you to make profits.

[pankaj1234]

It is very hard to get profit in one day specially in Cryptocurrencies. If you see the higher price of some coin and price in now present it is very big difference. Now it has become very difficult in Cryptocurrencies to do a profitable trade. So much crypto coming on daily basis anybody can not say what will be the lower price of some old coins.
I have also fail in trading but gain lots of experience.

[ViralNation]

trading is pretty simple man

honestly what I do is just check the news for press releases relating to big firms such as coinbase and y combinator and then also invest in those same projects

for example, my recent gainer was a coin called Creditcoin, invested in by Brian Armstrong / Y combinator etc

saw the press release and bought and then waited for the 2x and sold.

[lienfaye]

I am among those who have failed trading. have learned a number of techniques and tried to find people who will explain the risks of trading. Until now, it has been very difficult to get profit in trading.

Because its not easy as it seems. When I was a newbie I thought its easy and you just have to go with the flow and follow those pro traders and gain idea with their strategy.

But I realized its necessary to have your own understanding and experience because thats how you can improve yourself.

If you want to become a trader, take time learning and start with small capital and learn to control your emotion.

[carlisle1]

I am among those who have failed trading. have learned a number of techniques and tried to find people who will explain the risks of trading. Until now, it has been very difficult to get profit in trading.

Because its not easy as it seems. When I was a newbie I thought its easy and you just have to go with the flow and follow those pro traders and gain idea with their strategy.

Same reason why many are fallen into trap of scammers who promises people to teach how to trade but in the end will lose investments .

But I realized its necessary to have your own understanding and experience because thats how you can improve yourself.

Knowledge is always the most important thing before we enters any investing or trading.

If you want to become a trader, take time learning and start with small capital and learn to control your emotion.

i have seen a free Trading demo in Binance hat allows you to trade and Bet for free(But By practice mode only)

[dockerps-a]

As a whole, the cryptocurrency market has a big challenge in beating S&P 500, because it has no "divine" support.

The S&P 500 index is down 2.13% in the last year. Why so little, even though many companies don't have revenue anymore? Because major stocks actually come with much less risk than previously thought! The US government will take on any amount of debt in order to support them.

[nemo]

Minimize emotion, maximize patience. And use stoplosses if the markets liquidity can absorb it. Have a plan and stick to it. But don't fall in love with any one coin.

[jambul_kribo]

we must understand not all  people suitable as trader or investors, or even we included in this group. but some people keep trading although they lost of money. they have no skill and talent in trading so they easily make mistake in each transaction , when we met this condition we must review again did we must continue or stop.

[Subbir]

Those who are less skilled at doing business are more at a loss Now the danger of doing business is far worse All currency prices are much lower If we see that there's a loss in doing business then the business should be stopped And if you are doing then failure is normal. If you've got to try to to business with the market situation then the danger is low.

[Sadlife]

Regardless on how information you have, if you dont trade then you can't really gain experience. Just like what you said, some experience traders advice you to read and learn. But mostly to learn something reading is not enough you also need to do it and experience. Try depositing atleast $30 to practive what you've read. Sure you might fail but all traders including the best also failed in this profession.

[SacriFries11]

I am among those who have failed trading. have learned a number of techniques and tried to find people who will explain the risks of trading. Until now, it has been very difficult to get profit in trading.

I'm starting to improve my trading skills in trading and it's really a tough one. I'm still struggling in some aspects of trading like choosing the right coin to buy and analyzing the chart patterns. I start to study different techniques and get some advices from people who have experience in trading. Anyone can buy and sell cryptocurrency but few people are good when in comes to trading. There's always a risk but try to minimize to start gain profit.

[celot]

When you failed with trading you still have chance how to get much profit with bitcoin and altcoin world by joining with future trading, you have option with future trading to earn mch profit how ever situation with bitcoin and altcoin, its not care must bitcoin have on the top price or lower price you still get chance to earn profit.

[ajaymukund]

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 is the trading mentality of new people, I have made this mistake for more than 3 consecutive months and only stopped when I really had my own trading plan. The problem is, everyone has their own trading plans and don't listen to anyone else. 2 years ago, when I was an amateur trader, I often followed other people's strategies and found a nice place to enter orders. but when you do not understand it, you will always be hesitant and then the opportunity will be missed. Trust me, you should take a few days to create your trading plan.

[madnessteat]

Most traders sooner or later lose their money. Trading is very much like a casino only having much more opportunities to both increase and lose their capital.

You need to be aware that any transaction can be unprofitable and calculate their risks accordingly.

[tvplus006]

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

Until you have learned how to analyze the market correctly, you do not need to try the riskiest trade - margin trading. This is exactly the type of trading when it is very easy to lose your entire Deposit. Therefore, this type of trading should be prohibited for newbie in trader.