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Author Topic: Avoid trading unless you are sure of what you do  (Read 23229 times)
hen cet
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January 29, 2019, 02:47:44 PM
 #121

Actually, everyone is uncertain regarding the future of their investments specially in trading due to volatility of the market in which the price become more unpredictable therefore even if you know of what you are doing but still the chances of losing your money is high. To minimize lose specially in this bearish market then i suggest to invest only what you can afford to lose until the market will become bullish again.
Trading is speculation in business based on mature observations and calculations, therefore buying or selling must be profit-oriented.
Although in reality there are many failures in the analysis where it is estimated that the price increase actually falls, or vice versa. So, you must be sure that the decisions taken will be useful.
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January 29, 2019, 02:56:19 PM
 #122

Actually, everyone is uncertain regarding the future of their investments specially in trading due to volatility of the market in which the price become more unpredictable therefore even if you know of what you are doing but still the chances of losing your money is high. To minimize lose specially in this bearish market then i suggest to invest only what you can afford to lose until the market will become bullish again.
I agree.It's very important to know the most important things in trading before engaging in it but sometimes we cannot expect positive results especially when the market changes its price suddenly due to its high volatility.That is why trading is full of risks but if you think you are ready to take that risks,then trading fits for you.Just keep your patience and learn to invest first even in a small amount you can afford to lose.

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January 29, 2019, 03:57:22 PM
 #123

Actually you are right in my opinion. Cause without proper knowledge we can't get much benefits from crypto trading. At first we need to learn it from basic to advance level before start trading.
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January 29, 2019, 04:00:45 PM
 #124

Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something

This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop
You should only invest the money on trading that you can afford to lose. You should not expect too much in trading because losses are inevitable. Yes it is addictive and that's why we should have self control before making investment in trading. 
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January 29, 2019, 04:03:54 PM
 #125

You title is correct. You should always avoid trading untill you really are sure about it.


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January 29, 2019, 04:27:01 PM
 #126

Stop trading will not solve anything if we want to stay maximal in all situations, especially for active traders. learning from market fundamentals is the solution and indeed if the trend is very bad and you don't want to face the risk, just stop for a few days so we don't miss any successive updates and it's a pity to miss. stop also do not need to linger so that our thoughts and analysis are not cold.

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January 29, 2019, 04:33:47 PM
 #127

Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something

This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop
We don't really have profits each time.Growing up from the mistakes is what mankind is made for. We should learn for the failures we face so that we always try our best in the next chance. When i started into crypto trading, i had some bigger looses but i did not stop over there and tried to learn a lot more things from the markets. Sometimes the bear markets taught me a lot things so i can now take a correct decision to invest into.
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January 29, 2019, 05:20:17 PM
 #128

Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something

This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop
LOL  Grin Looks like you have had some really bad experiences  Grin like me  Sad
Let me guess, every time you bought any coin the price went down ? Every time you sold a coin the price went up ?
Things like these keep happening in crypto and you are not the only one. There are many others travelling in the same boat which is going to sink. Grin
We should learn from the mistakes and try not to repeat it. Thus we tend to learn new things and this improves our chances of earning more profits the next time.

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January 29, 2019, 05:28:49 PM
 #129

Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something

This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop
right, if you feel you don't have the ability to trade, then avoid it. because even though we still force it to trade, only the losses we will get.
almost everyone has experienced a bad experience of trading, including I have also lost money because of trade, and until now I have never traded again.
not all people are good at trading, but if you don't have the ability to analyze the market there are still other ways you can still trade, for example, following a signal that is trusted.
of course, because there are already so many people who often fail because trading here is very difficult, especially as conditions like this to get profits or results are difficult
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January 29, 2019, 07:40:15 PM
 #130

Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something

This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop

But for those traders who are greed while doing the actual trade they always got loss because of this behavior, so the result in the end most of

the time was loss their coins. But they've always never learn from it. Although your advise was really good reminders here also.
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January 29, 2019, 08:42:57 PM
 #131

Actually, everyone is uncertain regarding the future of their investments specially in trading due to volatility of the market in which the price become more unpredictable therefore even if you know of what you are doing but still the chances of losing your money is high. To minimize lose specially in this bearish market then i suggest to invest only what you can afford to lose until the market will become bullish again.

Sometimes trading is also went with wrong direction like gambling when you are not as doing it properly it will makes you more addictive than gambling so if you have the managing quality then you can change it easily but some people don't know how to get back from that so they need to train more.

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January 29, 2019, 09:13:56 PM
 #132

Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something

This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop
Each of the successful traders had a bad experience. And each of them made the right conclusion from this experience. You should not stop if your past experience is unsuccessful, just make a conclusion and don't make such mistakes.
Planning helps me a lot. Before opening a deal, I write down the price at which I want to sell in case of further price growth + the price at which I will be forced to sell in case of a price fall (stop loss). Also, before each deal, I work out my possible emotions with different results of the deal. This is a great help to cope with emotions in reality.
Also learn more about crypto trading. Despite the fact that I already have trading experience in a few years, I try every day (as far as possible) to study some new information.
No need to be afraid, just take it and do it. Just remember, you already need to go to another level in trade, your previous one is not suitable for you.


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January 30, 2019, 04:00:10 PM
 #133

Actually, everyone is uncertain regarding the future of their investments specially in trading due to volatility of the market in which the price become more unpredictable therefore even if you know of what you are doing but still the chances of losing your money is high. To minimize lose specially in this bearish market then i suggest to invest only what you can afford to lose until the market will become bullish again.

Sometimes trading is also went with wrong direction like gambling when you are not as doing it properly it will makes you more addictive than gambling so if you have the managing quality then you can change it easily but some people don't know how to get back from that so they need to train more.

That's why you have to be sure about it before to start dealing with it. Being sure means that you accept that it's inevitable to lose money when you trade. No one gets a perfect trade all the time. And you also have to accept that there will be swings in emotions that you have to control to avoid major losses and foolish decisions.

 
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automaticmoney
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January 30, 2019, 05:07:42 PM
 #134

yes it is advisable not to put trades unless we are confident enough what we are doing confused trades will put us in trouble
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January 30, 2019, 06:16:41 PM
 #135

making decision in panic means that trade will not hit target and it will take SL for sure and trading is all about going with plan not just jumping in trades randomly   

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January 30, 2019, 06:27:03 PM
 #136

yes it is advisable not to put trades unless we are confident enough what we are doing confused trades will put us in trouble
Not all the experienced traders would go for confused trades but instead most of us always go for the traders only which are deeply researched by us individually by studying the graph, volume, etc. Investing and making profits by trading is always considered an easy task but it is really a time consuming and difficult task which can only bear good profits if we try hard to gain them orelse we need to undergo loss and start over.
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February 26, 2019, 03:30:02 AM
 #137

You're right, and also avoid trading if you do not have enough courage and sufficient ability to do this. Before you start trading, you must be prepared for anything that will happen. Fucos and timing is also very useful in this kind of field. Also, you should have to set aside greed. The more you gain knowledge, the more you will have courage and confidence that your trading will be profitable.
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February 26, 2019, 06:31:12 AM
 #138

Avoid trading when you are not in need of money in short term,but you can learn the trading when you not have knowledge about it but you need to face any risks happening from trading like loss in money,time need and hard work.

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February 26, 2019, 07:05:10 AM
 #139

Avoid trading when you are not in need of money in short term,but you can learn the trading when you not have knowledge about it but you need to face any risks happening from trading like loss in money,time need and hard work.
Rather than avoiding it is good to go with small amount of investment. This will let you good return on the investment if lucky else one can earn good out of the active involvement into trading activities with that small amount. Also even if something goes away from the trading perspective it won't affect big as the investment is small.

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February 26, 2019, 09:35:26 AM
 #140

Avoid trading when you are not in need of money in short term,but you can learn the trading when you not have knowledge about it but you need to face any risks happening from trading like loss in money,time need and hard work.
Rather than avoiding it is good to go with small amount of investment. This will let you good return on the investment if lucky else one can earn good out of the active involvement into trading activities with that small amount. Also even if something goes away from the trading perspective it won't affect big as the investment is small.
I agree on that, trading is a good way to earn a huge amount of profit, but is we are a beginner normally we don't really even know what to do and we are surely loss a huge amount of we do trading with a big amount, I agree that we need to start in a very few amount before we proceed to big amount because new trader is on the learning stage. Maybe in the near future we can really know exactly what to do and earn, but for now I think we need to be careful.
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