There is no magic in trading

[Omega Weapon]

Trading is something you should do while you can. A lot of people jump into trading thinking they can squeeze quick profit from it and exit it. No! There is no magic in trading. You have to learn and improve your trading skills. Sometimes you will lose and sometimes you will gain. You have to stick to whatever you decide.

I agree, many beginners consider that trading is a fast way to increase profits. like easy with the principle of buying cheap, and selling. the fact is not that easy it requires stable emotions

Right, trading is pure of hard work and dedication, its easy to buy and sell but if you just depend on that you will not become a good trader.
To become a good trader you need to study more about it, you need to know the indicators that you will going to use in order to support your trading decision.
Beginners only think about making money, they forget to understand the real concept of trading and that is why many of them are losing money easily. Yes we can earn in just buy low, sell high method but its not that easy to spot when to enter and know when to exit, trading still must be done with enough knowledge. I don't know someone who successfully do trading without any sleepless night, tired of reading charts, and monitoring the market, its all about the hard work.

To be good at trading you need to be passionate about it, many of those that try trading do not really care about the activity, the only thing that they care about is about the money that they can get through trading, those that really like trading study as much as they can about it and practice before they even invest a single dollar in the market are going to be the ones that will be successful.

[nicolas1979]

Yes, I agree with that but I'm afraid most people think like that. Become successful trader/ investor need than luck or magic but mindset, strategy and money is important thing before enter the market. The first thing we need to fix is our mindset about trading, do that before all activity become dark. Second thing is learn and practice, most people avoid this step because wrong mindset ( part 1 ). Last thing just trust your skill and never do the same mistakes.

[enwi]

to be able to get profit in trading then there is no magic but we must have good knowledge and strategies to be able to trade and get profit, so it depends on what you do to be able to get a profit

[iqlimasyadiqa]

I still believe that sometimes there is a miracle in trading. This is like when we trade and then there is an unexpected event. That could be like a sudden increase and decrease in prices. So for anyone who is still struggling to seize the opportunity to get success in the trading world, the opportunity is still very wide open.

[Finestream]

I believe in you! There is no magic yet there is a luck! If you have luck in your trading journey, you will become successful. However, not all times, we need to be lucky. We just need to study everything in trading so that, we will learn on how to control emotions and go to the flow of the market.

Trading is somewhat like gambling wherein luck should be present too but most of all,skill and expertise will really count the most.In trading,experience really matters because you will not be fortunate in a just a single night but more on sleepless nights.Committing mistakes in trading is your first step to be a better one in the next round.

[panganib999]

Yes, I agree with that but I'm afraid most people think like that. Become successful trader/ investor need than luck or magic but mindset, strategy and money is important thing before enter the market. The first thing we need to fix is our mindset about trading, do that before all activity become dark. Second thing is learn and practice, most people avoid this step because wrong mindset ( part 1 ). Last thing just trust your skill and never do the same mistakes.

What most of people do not know about trading is shaping your mindset is the first thing to develop when engaging on the market having luck or fortune is just a bonus and most likely to happen in 1-5%. "Never do the same mistake" , it is not applicable at all situations, for us to be a better trader there are mistake that we need to commit not just ones.

[Shohanur]

to be able to get profit in trading then there is no magic but we must have good knowledge and strategies to be able to trade and get profit, so it depends on what you do to be able to get a profit

Yeah, in trading, a lot of experience and knowledge are needed. One can't make money by trading without proper knowledge and experience. So it is depending how to operate it ☺️

[proTECH77]

I have not seen magic at when it come to trading. Trading is purely based on individual skills in regards to trading ethics, professional traders are more likely to be called magic traders but in the world of trade is not realistic for them to be called such because in trade anything can happen either professional or unprofessional. Nothing called or call MAGIC in trade........rather, skills are put to work.

[Babyrica0226]

The statement of yours was very informative and it will give a big help to anyone here who will read this topic of yours.
Trading the is the heart of all crypto's and bitcoin that's why  we have traders which is buyers and sellers. However, most of the traders now they always in hurry in terms of profit so the result in the end of course loss of money. Better to know the basic things about in trading as well, isn't right?

[b3llsf1l3s]

I believe that we can gain in trading by our own will and strategy and there is really no magic behind it. The profit that we can maybe get in trading is really depend on our own experience and on how we do act or do such profitable thing inside the crypto feild. The best thing to do is to continue learning and do trading in a very slow way for good.

trading only requires skill, assets and luck, there is no magic element in it. Other factors such as our market and mental conditions when facing the current trend are also important. Because if suddenly we experience panic when the price drops dramatically then sells assets in a state of loss and then not for a long time when the price has recovered again, it will also be our regret

[popolite11]

Yes, I agree with that but I'm afraid most people think like that. Become successful trader/ investor need than luck or magic but mindset, strategy and money is important thing before enter the market. The first thing we need to fix is our mindset about trading, do that before all activity become dark. Second thing is learn and practice, most people avoid this step because wrong mindset ( part 1 ). Last thing just trust your skill and never do the same mistakes.

Hm...I have never met anyone who would tell me that trading is a magic. Vice versa, all the fellows, who trade are absolutely sure that their chosen activity is a very serious business and a great risk.

[iv4n]

Yes, I agree with that but I'm afraid most people think like that. Become successful trader/ investor need than luck or magic but mindset, strategy and money is important thing before enter the market. The first thing we need to fix is our mindset about trading, do that before all activity become dark. Second thing is learn and practice, most people avoid this step because wrong mindset ( part 1 ). Last thing just trust your skill and never do the same mistakes.

Hm...I have never met anyone who would tell me that trading is a magic. Vice versa, all the fellows, who trade are absolutely sure that their chosen activity is a very serious business and a great risk.

There is magic in trading, like in gambling, that`s a feeling inside when we have a good time and great profit. You can call it how ever you wish, it`s about doing what you need to do, risking when others are panicking, doing what nobody expect. That comes with experience, when I look behind I have been in so many different situations, with crypto trading like in gambling you are constantly on the edge and sometimes you feel that just some magic keeps you there, sometimes jumping and running there. It`s when you feel free to risk and do something, not just talk about it, some things can`t be described so easily, you need to try it.

[Ridwan Fauzi]

Trading is something you should do while you can. A lot of people jump into trading thinking they can squeeze quick profit from it and exit it. No! There is no magic in trading. You have to learn and improve your trading skills. Sometimes you will lose and sometimes you will gain. You have to stick to whatever you decide.

I agree, many beginners consider that trading is a fast way to increase profits. like easy with the principle of buying cheap, and selling. the fact is not that easy it requires stable emotions

Stable emotions will only make you calm in making decisions, but to make that decision you must have several strategies. There are at least 2 strategies that you can use, if you trade without a strategy and only from guessing that this is a low price and this is a high price I am not sure you can save your capital from losses. Especially in bear market conditions like now, you can make sure that this is the lowest price but when you are going to sell you get confused.

[gpubitcoin]

Definitely there's no magic in making money in trading. But the problem is that there are a lot of people who thinks that trading is very easy and it's a get rich scheme, which is not. And it doesn't mean that someone because successful, you will have to copy his method.

Everyone is up there, you just have to find the right groove and see what trading methods fits your goal. No need to make things complicated for you, it's not rocket science, you just have to look at it like a journey and every small steps is a lessons to learn.

Really useful information. Completeley agree with each word. But i want to add, is that everybody here should acknowledge from the start that it is very volatile market, so always use Stop-loss.

[wuvdoll]

i want to add, is that everybody here should acknowledge from the start that it is very volatile market, so always use Stop-loss.

Stoploss is a weapon to prevent unexpected losses but this is not linked to create any magic in trading. I mean it is not a tool that will enable you enter or exit a position but it will help you to take risk in calculated way. I agree every trader must use stoploss and must have a strategy which is also giving you stoploss along with entry and target levels.

I never care about any other trading but I am making easy magic with my bitcoin trading as I am doing it in positional way without having any time-frame. Yes, we can create magic according to the asset like what we are trading and how we are trading. I must say: there is a possibility to create magic in trading but it is up to you on how you are approaching.

Bitcoin is good for all the traders when it is being approached in long-term basis. If you go for day trading with the bitcoin then you may not find that magic that will be giving you easy money for those long term traders.

[carlfebz2]

i want to add, is that everybody here should acknowledge from the start that it is very volatile market, so always use Stop-loss.

Stoploss is a weapon to prevent unexpected losses but this is not linked to create any magic in trading. I mean it is not a tool that will enable you enter or exit a position but it will help you to take risk in calculated way. I agree every trader must use stoploss and must have a strategy which is also giving you stoploss along with entry and target levels.

Stoploss is indeed an important tool but it depends on a certain type of trader since we know there are active and long term ones.Stop loss are good for active trades because
if you are a long term type of investor or trader then price swings will only eat up your stop loss. Unless of active trades where you can make ratio between the possible profit in towards
 on the amount you risk on.

[Coyster]

Really useful information. Completeley agree with each word. But i want to add, is that everybody here should acknowledge from the start that it is very volatile market, so always use Stop-loss.

Yeah,i think stop--loss is an effective measure to at least reduce the effects of loss,and reduce the amount in an investment we probably could have lost
It's best to implement it and not keep hoping,because most times one could be wrong and the price plummets to little or nothing.
Just as there happens to be no quick way to be successful in real life,that also applies in trading,it takes numerous measures to be able to successful in trading

[bravehearth0319]

I think the only traders who believed in the word of MAGIC are the greed people who wants to earn quickly here in the platform
of trading business. There's no shortcut actually for us to earn here in a huge amount of bitcoin. You need to exert big effort while your on stage of learning. You need to explore yourself here in trading industry.

[syamster]

Definitely there's no magic in making money in trading. But the problem is that there are a lot of people who thinks that trading is very easy and it's a get rich scheme, which is not. And it doesn't mean that someone because successful, you will have to copy his method.

Everyone is up there, you just have to find the right groove and see what trading methods fits your goal. No need to make things complicated for you, it's not rocket science, you just have to look at it like a journey and every small steps is a lessons to learn.

Really useful information. Completeley agree with each word. But i want to add, is that everybody here should acknowledge from the start that it is very volatile market, so always use Stop-loss.

Yeah if you want to trade you must have high amount of knowledge about trading so you should try to enhance your trading skill. Magic surely does not work in trading patience, skills and knowledge works. Holding for long time will help you prevent panic selling and later in future you will be able to say you went well in trading without any kind of magic.

[Hamphser]

Definitely there's no magic in making money in trading. But the problem is that there are a lot of people who thinks that trading is very easy and it's a get rich scheme, which is not. And it doesn't mean that someone because successful, you will have to copy his method.

Everyone is up there, you just have to find the right groove and see what trading methods fits your goal. No need to make things complicated for you, it's not rocket science, you just have to look at it like a journey and every small steps is a lessons to learn.

Really useful information. Completeley agree with each word. But i want to add, is that everybody here should acknowledge from the start that it is very volatile market, so always use Stop-loss.

Yeah if you want to trade you must have high amount of knowledge about trading so you should try to enhance your trading skill. Magic surely does not work in trading patience, skills and knowledge works. Holding for long time will help you prevent panic selling and later in future you will be able to say you went well in trading without any kind of magic.

When you do talk about magic then you are simply relying on luck which means you don't really have skills at all.Theres no magic on trading and as you said
hardwork,patience, knowledge does the work.
Things would be effective if you do know how to control off yourself.