Avoid trading unless you are sure of what you do

[Goodvalony]

You can become an addict on things you do regular, Trading is part of learning how to manage your finance. Also know that we learn from our mistakes. trading has not been an easy task but if you believe in it and put your trust, you can make it and become a professional. i also advice people to learn before they practice.

[Ridwan Fauzi]

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

Let me guess, every time you have finished trading and you experience losses you just let it go, you only remember the losses experienced and never make an evaluation of the failure that you had. Then, you equate trading with gambling which in fact has a very far difference. When you trade ands need analysis, you need an experience and calm so that the predictions you make are based on theory. Meanwhile, gambling only relies on luck, no matter how much you have a theory of gambling you cannot just rely on a theory, the end of the profit that you will get depends only on luck.

[JRoa]

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

Most of the mistakes of the new traders are they entering the market because they heared to other that they can make profit. As a trader,  we should have confidence, motivation, courage and patience in order to perform good trade. Trading is different from gambling because trading is for people who have skills and enough knowledge.

[Ispep]

Most of the mistakes of the new traders are they entering the market because they heared to other that they can make profit

You're spot on with this,and most times when they enter with such mindset as to get rich immediately,they end up throwing more money in that they normally should as a beginner.
There are basics that definitely need to be learnt and when one skips them,then he or she is liable to making huge errors that really cannot be corrected.
Trading is a very tricky aspect of the network and it's takes more time to master,the more reason why a step by step assimilation is very necessary to succeed

[Bosx1ne]

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

I do not know why there are people who keep making investment with trading even they do not know what they are doing. If they experience loss, they will just rant because of what happened. As a trader,  we should always know what we are doing for us to have control to ourselves.

[Whosdaddy]

I do not know why there are people who keep making investment with trading even they do not know what they are doing. If they experience loss, they will just rant because of what happened.

They must be having overconfident on their skill and knowledge that is the reason they keep on investing into their capital for trading purposes. These people sounds like why they are into trading like trading is a way of making money but they are spending money into that. Moreover people usually will go for anything out of frustration, we cannot expect them to be calm when they are seeing their hard earned money goes in vain.

As a trader,  we should always know what we are doing for us to have control to ourselves.

That will be possible only after gaining some long experience. But people want to make money from trading before having sufficient experience and finally losing their capital too. Most traders learning by spending their capital. It must be really pathetic situation for trader but we are seeing many people are still doing that.

[nydiacaskey01]

They say you need to feel how to fail first before you understand how to succeed. Learn from mistakes, not juts  one or two but a lot of them, then when you tried it all, its time to apply what you learned. If after all the mistakes that you encountered and yet you still don't learn, then its not for you or you don't take your business seriously.

[hridoyb]

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

Trading is a not a gambling or poker game that depends on luck because its depends on your knowledge or strategy. There are have a lot of coin and project on the crypto world and you must focus on btc and eth because everything depends on bitcoin price and also focus which project or coin that you invest. Trade doesn't mean that you need to high profit but you can increase your asset buy small profit by day trading.

[1Referee]

If after all the mistakes that you encountered and yet you still don't learn, then its not for you or you don't take your business seriously.

People gamble unfortunately. Instead of breaking down the market and what exactly went wrong, they open another trade hoping that it will be profitable this time. If it still isn't, they'll try it again or hop over to other coins to try their luck there.

The worst mistake people make is that they feel that it is necessary to gain back the amount they lost with the previous trade. That unhealthy fixation will make sure that they keep making the same mistake over and over again, because that's how it goes. The more they lose, the more risk they will expose themselves to in an attempt to wipe out the losses. It's crazy.

Use a bot or something, because there isn't much to lose anyway. It's either you trade manually and lose almost guaranteed, or the bot will potentially lose some percentage initially, but gain more after a month of trading.

[pundit]

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

That is a right statement to carry, if you are taking a trade you must know why this trade needs to be taken. Every trade taken should have a strong fundamental or technical base. Trading is not just predicting the market w/o any base but it is a passion with strong logics. Trading is no gambling or addictive provided you need to take trading as profession.

[carlfebz2]

They say you need to feel how to fail first before you understand how to succeed. Learn from mistakes, not juts  one or two but a lot of them, then when you tried it all, its time to apply what you learned. If after all the mistakes that you encountered and yet you still don't learn, then its not for you or you don't take your business seriously.

I am with this saying which you cant really learn if you don't atleast try.You do like trading but you are afraid to lose money then you wont really able to learn it ever and being unsure on your actions is normal
but losing money is very unavoidable with this venture.You will mold yourself to be a better trader if you do able to pass countless errors or trials along the way and this don't really happen overtime.

[PuertoLibre]

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

That is a right statement to carry, if you are taking a trade you must know why this trade needs to be taken. Every trade taken should have a strong fundamental or technical base. Trading is not just predicting the market w/o any base but it is a passion with strong logics. Trading is no gambling or addictive provided you need to take trading as profession.

Trading is mainly treated by new traders as job but i prefer to call it as business. Logic doesn't work unless mixed with emotions which can change opinion of market participants depending on the market situation. Trading is not addictive as gambling but it is not for everyone. Trading decisions need strong technical or fundamental background.

[SlimShadyMmp]

Sometimes if you are not careful the whole trading turns into a gambling game like betting on soccer and you end up losing more money so the best thing to do is to know some analysis and some fundamentals and then make some moves

[hulla]

The only way you can be sure of in trading is that when you get buy a coin where its price is less than a cent and then wait for the price to spike up. That's is a sure way to profit but if you trade like dump because the price already shoot up and then waiting for the price to dip again can be tricky.

You're wrong buddy because there also some certain things or steps ones need to take to avoid loses because and a coin when it price is small and then wait for the price to spike up is the most risky part. Meanwhile, crypto currency market will always experience dump in price sooner or later after it reach a new ATH.

[steveken]

every success will have many bad experience, business without bad experience is not possible we should be prepared for that     

[BlackPanda]

The only way you can be sure of in trading is that when you get buy a coin where its price is less than a cent and then wait for the price to spike up. That's is a sure way to profit but if you trade like dump because the price already shoot up and then waiting for the price to dip again can be tricky.

You're wrong buddy because there also some certain things or steps ones need to take to avoid loses because and a coin when it price is small and then wait for the price to spike up is the most risky part. Meanwhile, crypto currency market will always experience dump in price sooner or later after it reach a new ATH.

Yes, it is right, that there will never be a certainty in the crypto system. so most of the coins in circulation will only decrease in price and only really quality coins will survive. This is a sure thing and for anyone who wants to invest in the trading world, he must be really smart in choosing potential coins.

[marcbitcoins]

Well, this should be the SOP especially to the new comers that we should be sure we're right then go ahead as Bitcoin market now is really unpredictable because the bearish market is still in effect. To make the trading safe then constant monitoring is recommended and invest only what you can afford to lose.

[SkustaClee]

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

The risks are so high in trading of cryptocurrency so we can't ensure if we can earn profit by taking the risks. I am prepared to all of the unexpected situation that I will experience because I always recalling that there are really times that I cannot win in trading.

[ufaiz50]

I do not know and I also do not want to compare trading or gambling (poker or something). In my opinion it really needs management in trading both risk, information, strategy and analysis because we need it all so we are sure about what we will trade.

[coinplus]

In my opinion it really needs management in trading both risk, information, strategy and analysis because we need it all so we are sure about what we will trade.

Yes, effective management of money and risk may lead to success in trading. Timely decision making is more important while trading because market will wait for none. We should decide well in advance where to book profits and where to put stop-loss. If we do not know manage money, risk and time then it must be good to stay away from the markets. Because, it would be much better not trying trading like a gambler.

I am prepared to all of the unexpected situation that I will experience because I always recalling that there are really times that I cannot win in trading.

This is how our experience will safe guard us. We must make use of our past incidents to find out when to trade and when to stay away. But, most traders are failing to distinguish hard and smooth markets and then losing their capital which leads to miss out the right and easy opportunities.