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Author Topic: I fail in trading  (Read 25123 times)
YOSHIE
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November 08, 2021, 03:25:03 PM
 #841

I tried one but I falied. There is something I don’t know? Please tell me more.
Not everyone can succeed in trading crypto, what's more without having good knowledge in analyzing especially charts, markets, crypto etc.

For that, believe it or not, many people have switched professions from crypto trading to long-term investment, many have had success with such an idea, but patience in waiting for a certain crypto really does bring them profit, it's boring.

Honestly, if you ask me personally, I would suggest you switch to futures investing, see which crypto has a good demand in the market, buy it, relax, be patient, see the results.

R


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Snappycoco
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November 08, 2021, 04:55:59 PM
 #842

To get into trading and knowing about the chart and the graphs of the coins you need some experience before getting into it, as trading without experience and investing more and more without experience is just losing yourself completely , I hope you would understand What I'm saying, so always ready with what you have and where you are?
Well trading analysis helps added by experience but for me, its wise if you have a mentor to follow up to. It needs time to learn all these and even months of reading isn't enough too. You need books and technical tools that could help you with your daily trading. And after all these, there's luck. All the technical analysis aren't 100% accurate. Its just a probability that something might happen not certainty.
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November 08, 2021, 05:03:11 PM
 #843

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.


You are not alone in the list as around 80% of traders end up in loss.( Here is interesting read, If You're Day Trading, You Will Probably Lose Money: Here's Why). Crypto trading is wild fire that cant be handled even by experienced traders. Newbies are an easy hunt for trading. What I wanna say is play long time investment aka HODL. Its tested strategy that guarantees profit. The only down side of HODL is it doesnt comes over night.   
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November 08, 2021, 07:13:45 PM
 #844

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.



Every new trader faces the same issue. I have faced it. Even after you are bit experienced, its common to loose and miss out profits at times. Market is volatile. Just one main thing is, the patience and market updates. Keep yourself updated of the coin you have invested on. And listen to news on crytpo as the news around will certainly affect the market's growth. Closely watch the market every day.

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Fatunad
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November 08, 2021, 10:48:52 PM
 #845

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.



Every new trader faces the same issue. I have faced it. Even after you are bit experienced, its common to loose and miss out profits at times. Market is volatile. Just one main thing is, the patience and market updates. Keep yourself updated of the coin you have invested on. And listen to news on crytpo as the news around will certainly affect the market's growth. Closely watch the market every day.
Each one of us did really face this thing and its an inevitable and this is why we should really be that mindful on how to take learnings out of those  mistakes because we cant really improve ourselves if we do just ignore and keep repeating the same mistakes as we do go ahead.If you do like to sustain into this market then you should really be
sensible towards your actions and wont really be just continuing without having any progress or improvement.Dont get scared because this would be a big hindrance
for you on not to become a better trader or investor.
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