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Author Topic: should i continue trading ?  (Read 26060 times)
Coolman4 (OP)
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January 08, 2019, 11:30:47 AM
Last edit: January 08, 2019, 11:46:21 AM by Coolman4
 #1

hi i am day trading from 2years but not profitable at all ( i dont know what should i learn more so that i will be profitable )

some times i think to quit trading and go search some job, another way i think that after coming so far i should try for some more time

i know many traders in same situation are you thinking same as above . are you in this situation what have you decided to do ?

i want answers only from traders in this situation and experienced traders

i dont know if sentence formation is correct or not i think many of you can understand the situation    
 
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January 08, 2019, 11:57:37 AM
 #2

hi i am  trading from 2years but not profitable at all ( i dont know what should i learn more so that i will be profitable )

some times i think to quit trading and go search some job, another way i think that after coming so far i should try for some more time

i know many traders in same situation are you thinking same as above .

i want answers only from traders in this situation and experienced traders

i dont know if sentence formation is correct or not i think many of you can understand the situation     
 

For the span of 2 years, you should know at least some ways how to deal on the market. Since your result is kind of not a good output, you are the only one who can answer "what's wrong".

Remember that bearish trend dominated the whole 2018 so it's kind of a headache to anyone, especially for the new traders, how to deal on that kind of market situation.

What to do now? Asked yourself if you still want to pursue your trading career or just quit on it. You can find and search for other jobs while still doing trading in the first place so I don't see why you will just quit.

Anyways no such specific responses here that you must follow. You must make your own decision by yourself.

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January 08, 2019, 12:20:22 PM
 #3

hi i am day trading from 2years but not profitable at all ( i dont know what should i learn more so that i will be profitable )

some times i think to quit trading and go search some job, another way i think that after coming so far i should try for some more time

i know many traders in same situation are you thinking same as above . are you in this situation what have you decided to do ?

i want answers only from traders in this situation and experienced traders

i dont know if sentence formation is correct or not i think many of you can understand the situation    
 

Quitting trading is not an option for now. I believe that this year will be better than last year. Last will was not the year for traders, it was difficult for every trade. You need to develop strategies on how you trade. Go back and learn the base again. For 2 years you supposed to have grounded if actually, you were doing regular trading.
Coolman4 (OP)
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January 08, 2019, 01:06:27 PM
 #4


For the span of 2 years, you should know at least some ways how to deal on the market. Since your result is kind of not a good output, you are the only one who can answer "what's wrong".

Remember that bearish trend dominated the whole 2018 so it's kind of a headache to anyone, especially for the new traders, how to deal on that kind of market situation.

What to do now? Asked yourself if you still want to pursue your trading career or just quit on it. You can find and search for other jobs while still doing trading in the first place so I don't see why you will just quit.

Anyways no such specific responses here that you must follow. You must make your own decision by yourself.



 not in particular with crypto in forex also i am no able to make any profits dont some times it think i am just wasting time

thanks a lot for your answer  
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January 08, 2019, 01:17:35 PM
 #5

I'm really stuck in your situation. All the capital I have has been poured into the cryptocurrency market, ICO projects. Some altcoins are broken down, 1 coin has no volume traded on the exchanges. I was also desperate and had to search for another job so that I could forget the losses I suffered. But I still believe that we can expect to enter the crypto market in the future. Good luck to you!
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January 08, 2019, 01:42:40 PM
 #6

continue your trade, the market is increasingly interesting to explore further, by continuing trade you can compensate for your losses by creating new transactions that will make you more

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January 08, 2019, 01:44:31 PM
 #7

Your English is poor then me. Whatever I understand that you want give up crypto trading. I am not sure what you meant exactly about day trading. But I want to clear about it. Day trading doesn't mean that it will give you profit every day. Just today you bought and you are expecting profit today then you are on wrong track. Sometimes need to wait a month to recover a coin. Yes, you can sold and re-buy is coin dump continue although its little bit risky. So it would be recover your fund faster. Or you can move another coin which is you think better from current hold coin.

If I am not wrong you don't have enough patience. Did you realized that coin price grow up after you sold out ? I think so, most of time happen like that. Once you sold your coin then it will pump but you sold in loss. So instead of sell in loss if you did wait 1 or 2 day then it would give you profit. No doubts you are a panic seller. So if you don't have patience then it will be better to give up.

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January 08, 2019, 01:55:22 PM
 #8

hi i am day trading from 2years but not profitable at all ( i dont know what should i learn more so that i will be profitable )

some times i think to quit trading and go search some job, another way i think that after coming so far i should try for some more time

i know many traders in same situation are you thinking same as above . are you in this situation what have you decided to do ?

i want answers only from traders in this situation and experienced traders

i dont know if sentence formation is correct or not i think many of you can understand the situation    
 


I think you can't use margin how much percent you want to earn or maybe you are expecting highest profits for your day to day trade and you can got with nothing.
I think in two years experience is over time you had to learn and analyst your mistakes as trader how to get earnings as day traders, i suggest do not quit just learn well and analysis your mistakes.
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January 08, 2019, 02:07:33 PM
 #9

hi i am day trading from 2years but not profitable at all ( i dont know what should i learn more so that i will be profitable )

some times i think to quit trading and go search some job, another way i think that after coming so far i should try for some more time

i know many traders in same situation are you thinking same as above . are you in this situation what have you decided to do ?

i want answers only from traders in this situation and experienced traders

i dont know if sentence formation is correct or not i think many of you can understand the situation    
 

In 2 years span of time on being a trader it seems very impossible for you not to learn atleast while you are doing trading.Imagine 2 years its already a long time for you to realize on what are your
mistakes as a trader.Im not saying its easy to learn up but i would say most people or traders do already able to learn.It might not be profitable but atleast you do have the experience
to make money.You can say you arent profitable but as long you are sustaining with this market then i dont see any reasons for you to stop.

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January 08, 2019, 02:40:30 PM
 #10

If I am not wrong you don't have enough patience. Did you realized that coin price grow up after you sold out ? I think so, most of time happen like that. Once you sold your coin then it will pump but you sold in loss. So instead of sell in loss if you did wait 1 or 2 day then it would give you profit. No doubts you are a panic seller.
That's indeed a common rookie mistake. The easiest way to get around this is to do the opposite of what you think is the right move. If you think it's the right time to sell, buy. If you think it's the right time to buy, sell.

I have done the exact same thing when I realized that everything I thought was right turned out to be wrong. Obviously, it goes against people's nature to do what they think is wrong, but in this case it helps tremendously.

So if you don't have patience then it will be better to give up.
Yes, people usually wait too long before giving up due to a tiny sparkle of hope that's left in them. If you are almost sure that you will end up selling in panic, you are way better off to sell right away.

Obviously, I'm not recommending anyone to sell, but people who can't handle this market could have prevented a lot of suffering if they let go of their coins earlier. It must be a never ending nightmare for those still awaiting.

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January 08, 2019, 02:43:41 PM
 #11

not in particular with crypto in forex also i am no able to make any profits dont some times it think i am just wasting time 

Have your skill and ability improved within that period? Financial profits is not the only reward from trading. Growing your skill is a great possitive to take away as a trader. If a strategy is not working out, go back to the drawing board. And keep practicing till you find a winning formula.

And during your learning process, minimize your capital, invest cautiously. You can also use demo trading to practice.

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January 08, 2019, 03:15:27 PM
 #12

hi i am day trading from 2years but not profitable at all ( i dont know what should i learn more so that i will be profitable )

some times i think to quit trading and go search some job, another way i think that after coming so far i should try for some more time

i know many traders in same situation are you thinking same as above . are you in this situation what have you decided to do ?

i want answers only from traders in this situation and experienced traders

i dont know if sentence formation is correct or not i think many of you can understand the situation    
 

That's depend on your belief mate, if you have a lot budget or capital for trading you can survive there for long.
But if you are a type of traders who are easily disappoint and control your emotions for I assure you that in the end
you will get loss.
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January 08, 2019, 03:22:37 PM
 #13

continue your trade, the market is increasingly interesting to explore further, by continuing trade you can compensate for your losses by creating new transactions that will make you more
That's right because now the market has started to change quite well so that this year to make new transactions is great so we can replace losses in the past year
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January 08, 2019, 03:23:37 PM
 #14

Trading is defintely a lucrative business but if you are really good at it only, if not, it can be miserable and very stressful. I'm horrible at it lol
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January 08, 2019, 03:30:03 PM
 #15



With bear market, its not easy to earn thru trading. Its usually just for accumulation of coins when its happening. CDFs are wise to learn or just the margin, it all goes for the technical people though. Some depend on copy trading. If you were trading for 2 years in crypto, where did you learn the market analysis?   FOREX market can be relaxing than the crypto bear market of 2018.

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January 08, 2019, 03:58:50 PM
 #16

2 years is quite a long time for Cryptocurrencies trading, with that amount of time you should able to acknowledge some basic market condition. With the result being not as expected you are the only to know what is the problem within yourself. Learning trading is indeed a tedious learning process require a lot of patient. I suggest take a step back for some time and reflect what have you done, then decide to move on further. You should take a mind that what are you trading is a speculative asset.
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January 08, 2019, 04:03:12 PM
 #17

hi i am day trading from 2years but not profitable at all ( i dont know what should i learn more so that i will be profitable )

some times i think to quit trading and go search some job, another way i think that after coming so far i should try for some more time

i know many traders in same situation are you thinking same as above . are you in this situation what have you decided to do ?

i want answers only from traders in this situation and experienced traders

i dont know if sentence formation is correct or not i think many of you can understand the situation    
 
Do you think you can still regain all of your losses if you will now quit? you will lose many opportunities that you can get from trading if you will now quit. It is better if you will just continue trading but you should improve your trading skills for you to avoid losses.
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January 08, 2019, 05:30:20 PM
 #18

hi i am day trading from 2years but not profitable at all ( i dont know what should i learn more so that i will be profitable )

some times i think to quit trading and go search some job, another way i think that after coming so far i should try for some more time

i know many traders in same situation are you thinking same as above . are you in this situation what have you decided to do ?

i want answers only from traders in this situation and experienced traders

i dont know if sentence formation is correct or not i think many of you can understand the situation    
 
Don't say you didn't make anything,I hope you made money for the expenses for this 2 years which is very considerable profit and that is what a day trade can give,if you want huge profits then you should hold your coins and also you need huge capital for that.
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January 08, 2019, 05:34:22 PM
 #19

Trading doesn't in any way stop you from getting a job in real life, I wonder why it's up for contemplation(never take cryptocurrency trading as a full time job),definitely you can combine trading with a job, as it'll be foolhardy to depend on cryptocurrency trading to carter for all your needs,it will only put you under immense and uncontrollable pressure which will hence lead you to make bad decisions and finally fail in trading
It's always best,trading to earn something to add up to your income,that way you do not see it as a do or die affair and just as nature does,you will be successful in it.
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January 08, 2019, 05:46:04 PM
 #20

trading for now has started to be able to live again, because if we look ahead, BTC and other Altcoins will be able to rise even though there is a high probability that they will not reach ath because at the end of last year. Your 2-year trading seems futile or maybe you just wait to get the lowest price but then the coin doesn't recover as expected. So I'm assuming here that you haven't fully grasped the way of analysis you use

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