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Author Topic: There is no magic in trading  (Read 1526 times)
Muzika
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November 29, 2018, 02:27:30 AM
 #21

This is pure psychology and it is probably the hardest thing to master.

People shouldn't even attempt to master it. It's way better to focus on reliable forms of income rather than something so flashy and tricky as trading.

Trades in most cases end up being a disappointment, regardless of the outcome. If you buy at $100 and the price falls to $70 you are disappointed. If you buy at $100 sell at $120 but the price goes up to $150 you are yet again disappointed. In other words, the nothingness in trading continues for as long as you keep traing.

I do occasionally watch all these bigshots on youtube pulling out their charts and draw lines in all sorts of directions. You know what my thought is? Get a life. Seriously. Some times they have drawn so many lines and triangles, that you can't even see the base chart anymore, lol.

trading is a game of mind and patience so if you dont have any patience to do it then dont go because in the end you have a huge chance that you might lose most of your capital in trading. You are right whatever movement that market goes a trader will get disappointed.
Ronaldcoin2017
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November 29, 2018, 04:52:30 AM
 #22

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.
BlueStackz
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November 29, 2018, 05:17:03 AM
 #23

Its almost poetic. I however do not think that this was a hurdle we needed to pass before we can rise up again. This wasn't because of some market trouble and all that. This was done by some rich bitcoin whale who wants his own coin to rise up in the prices and sells his own bitcoin stash to supplement his own coin. Hence when you think of moving from one peak to another peak and you have to go down that hill first, this is not that hill. This is more like unforeseen avalanche of sorts.

Yeah you do need to go down a bit before you climb back up higher but this is not a climbing down, this is under a ton of snow because of an avalanche that was caused by someone yelling too loud or something. Hence the writing is amazingly poetic and I love it but not really what is going on right now.
haroldtee
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November 29, 2018, 01:51:43 PM
 #24

It takes a huge full blown level of dedication to learning, persistence and your zeal to be successful in trading to get motivated into becoming a great trader. There is no magic at all, what just makes a lot of people different from each other, is their ability to learn and never stop learning. It is from learning that you gain experience over time, and you keep learning from that experience as well. Certainly, what you just need is to get yourself fully equipped with great deal of knowledge just like any other profession, always have a plan and strategy in place when you start trading and you will get a lot better quickly.
Kevin43
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November 29, 2018, 02:38:21 PM
 #25

trading much how time we invest in improving our skills and in spending time in analysis and charts we get that much rewards while we get lazy profits will runaway from us and losses  will come closer
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November 29, 2018, 02:41:56 PM
 #26

In trading there is magic, but it has small tricks. Do you believe that a lot of people make a lot of money because of investment and coin-shit? Altcoins are not worth the money, but just one powerful pump can also help us create a profit from the accident this.

MMS2017
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November 29, 2018, 06:41:02 PM
 #27

There is no magic in trading but in some how traders are expert of their field like they don't for somewhere but they like to use their trading skills to make it good and trading is simply buy at low and sell at high and in both you will get commission for every transaction and that is called trading so beside any specialized knowledge it id good to take a start and start trading now.

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supermine
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November 29, 2018, 06:43:46 PM
 #28

Skills play the role in trading as well as in the magic too so both can be related to some point. Cheesy

But yes there is no magic we can do to make our earnings in trading,we just need to work for it the money doesn't come easy anyway.
Finestream
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November 29, 2018, 11:53:59 PM
 #29

Skills play the role in trading as well as in the magic too so both can be related to some point. Cheesy

But yes there is no magic we can do to make our earnings in trading,we just need to work for it the money doesn't come easy anyway.
Yes.It's all about our strategies and skills in trading.Magic will not really come in trading without any expertise put in it.Those people who have become millionaires in trading have really show their best skills and of course have strong faith in crypto that will not easily give up even if they have seen negative prices of crypto.

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November 30, 2018, 02:48:33 AM
 #30

only learning and implementing in right way makes earning in trading there is no easy and quick profits , there is only quick losses if we dont trade correctly
rjsmith
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November 30, 2018, 06:51:26 PM
 #31

I agree, many beginners consider that trading is a fast way to increase profits.the best thing to do is to continue learning and do trading in a very slow way for good.you can get a lot of profits.
okala
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November 30, 2018, 07:11:36 PM
 #32

In trading your skills is what put money in your pocket and that is the reason why you should spend most of your time developing your skills and knowledge about the market and trending.  If you can paid attention to what is happening in the market there is no way you will not make money from trading.  Many opportunities are out there but the skillful one are the one benefiting from the market.
stomachgrowls
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November 30, 2018, 07:32:22 PM
 #33

Skills play the role in trading as well as in the magic too so both can be related to some point. Cheesy

But yes there is no magic we can do to make our earnings in trading,we just need to work for it the money doesn't come easy anyway.
Yes.It's all about our strategies and skills in trading.Magic will not really come in trading without any expertise put in it.Those people who have become millionaires in trading have really show their best skills and of course have strong faith in crypto that will not easily give up even if they have seen negative prices of crypto.
Skills and expertise does really matter in all sorts not only on trading but on all things that we are involved on.We cant achieve success if we wont really work hard on setting up our own goals.
Somehow, for those people who got millionaires on crypto on a short period of time or either for long term does accompanied with luck even on traditional businesses or investment do have it too
but overall this is the fruit of our trust,hope plus hardwork and the risk we have putted.

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Renaldi blackspadeteam
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December 04, 2018, 11:48:08 AM
 #34

there are no miracles in trade, these words may not agree, maybe you are right, but there are many people who are lucky and get what they want in the crypto trade,

after the storm emerged rainbows, trying to trade because every work really would never betray the results
bitbunnny
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December 04, 2018, 12:46:00 PM
 #35

I'm glad that at least someone is aware that trading isn't miracle way to get rich over night.
It takes a lot of time, efforts, skill and knowledge to make some profit and be successful. Also, luck is just one tiny piece when it comes to trading and you can't rely on it.
Also you have to be prepared at risk and possible losses so you have to develope your own strategy and back up plan .
Although it might look easy no one didn't get rich with trading Bitcoin over night.

babarian
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December 04, 2018, 12:58:17 PM
 #36

in trade there is no word "magic"
all of them use the right calculation. trade analysis cannot be predicted by magic or magic. this is done by calculating logic and belief
Mr.lucky
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December 04, 2018, 01:24:10 PM
 #37

magic is in gambling only thing works in trading is hard work and practice to make profits
Nellayar
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December 04, 2018, 02:10:12 PM
 #38

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.

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December 05, 2018, 03:32:11 PM
 #39

Ofcourse there's no magic in trading some people making magic in trading also and predict some price that not also happening on their coin maybe there are such things that need to know before getting into trading.

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December 05, 2018, 05:14:48 PM
 #40

Ofcourse there's no magic in trading some people making magic in trading also and predict some price that not also happening on their coin maybe there are such things that need to know before getting into trading.


Trading is based on the experience thing and Little bit luck and timing otherwise there is no magic thing are happening in this field so we need to work hard to develop skills in trading journey.

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