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Author Topic: should i continue trading ?  (Read 2691 times)
ancafe
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January 11, 2019, 03:01:54 AM
 #81

I think people who don't have experience it is very good to stay away from the market due to fluctuation we are facing will make you lose patience and start selling them for loos. So it is good to stay away from the market if you don't have any experience towards trading.
[/quote
when they trade now, I think that will make them have a bad experience with this. well, when the market price is deteriorating, I think what they need to do is look at the market conditions and learn about it. entering into the world of trading when like this for beginners will certainly make it risky to lose.

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January 11, 2019, 03:23:09 AM
 #82

if I continue to trade, because my daily needs depend on my trading, if I don't trade I can't eat, indeed  looking for profits in the trading market is very difficult, the most important thing is to be patient

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January 11, 2019, 04:08:19 AM
 #83

Not sure why after 2 years you still don't have any profits after several try, or maybe you have some successful trade but on your overall venture you are not too lucky to gained, if you are pursuing to this career you need to assess more, knowing how to place your entry in the right timing by following more news and influence regarding to the coin you like to buy, and also study the potential and when to sell and best not to be greedy even little profits counts.



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gabbie2010
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January 11, 2019, 04:12:38 AM
 #84

From the look of things its like you rushed into trading, well I will advise you to take a short break and come back to search for a very good strategy, of course there a lot of them just Google search them having done that registered to an exchange which features demo  I.e practice platform where you can demo trade your choosen strategy until you are able to make profits consistently before going live again.

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January 11, 2019, 04:16:34 AM
 #85

Not sure why after 2 years you still don't have any profits after several try, or maybe you have some successful trade but on your overall venture you are not too lucky to gained, if you are pursuing to this career you need to assess more, knowing how to place your entry in the right timing by following more news and influence regarding to the coin you like to buy, and also study the potential and when to sell and best not to be greedy even little profits counts.

Maybe he need to spend more time to learn about trading because it's hard to believe that we cannot get any profit since 2 years especially we know bitcoin price and altcoin price increased higher in 2017. So I think he can gain bigger profit in that year but it could only happening if he leave the market too soon so he cannot see when the market increased. I think he needs to be patient because the market will rises again and in that time, I am sure he can make a profit too.

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January 11, 2019, 04:52:58 AM
 #86

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    
 

Unfortunately, not everyone has the predisposition to make money on daytrading. It's possible that you have spent too little time analyzing, or just missed out on luck. Anyway, if after two years you do not achieve positive results, it is better to invest in a long-term or try on less risky markets than cryptocurrencies.
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January 11, 2019, 05:27:14 AM
 #87

Not sure why after 2 years you still don't have any profits after several try, or maybe you have some successful trade but on your overall venture you are not too lucky to gained, if you are pursuing to this career you need to assess more, knowing how to place your entry in the right timing by following more news and influence regarding to the coin you like to buy, and also study the potential and when to sell and best not to be greedy even little profits counts.
Actually it's not about luck dude. if in a long time you don't make a profit at all in trading. then you have to look in the mirror.
do you have skills in trading? do you have passion in trading? ask yourself about that. because there are always reasons for losses

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January 11, 2019, 10:11:02 AM
 #88

if I continue to trade, because my daily needs depend on my trading, if I don't trade I can't eat, indeed  looking for profits in the trading market is very difficult, the most important thing is to be patient
depending on only trading income is very difficult it will effect your emotions and psychology too much, good thing is you are making profits continue and make more profits good luck 
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January 11, 2019, 10:23:57 AM
 #89

I think people who don't have experience it is very good to stay away from the market due to fluctuation we are facing will make you lose patience and start selling them for loos. So it is good to stay away from the market if you don't have any experience towards trading.

On the contrary, I think this the best situation of the market in which one can get better experience about how extreme the market fluctuations and manipulations could be, trading in this sort of market situation is riskier but I also it will provide better exposure and knowledge to traders, with experience in this kind of situations, traders will be able to thrive in any market condition.

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January 11, 2019, 12:04:53 PM
 #90

I dont really understand why are you loosing while trading for two years. trading need big knowledge and practice and i dont know how good you are in this and that why i cannot tell you why you are loosing and give you advice quite or not trading, but i hope my experience will help you a little.

i am poker player and i am playing very often and every time i am playing it for fun or like a sport and i am not just trying to win much money faster, i am winning almost every time, but every time i have no more money and trying to win some, with my last cents, i am loosing.

i want to tell that psychological factor is one of the main thing, when you are doing something: if trading is your main income and you havenot any other job, it will be very hard to make profit, because every time you are losing, its impacts on your nerves and you are trying to win more and more to return your lost, as soon as possible and its make you lose everything. But if you will make trading like a hobby and will trade for fun with the money, witch cannot harm you, when you lose it, you will reach better results.



i hope i was understandable

wish you more luck and big profit...

(p.s please dont tell me that poker and trading isnot the same and its difference, because in this situation, i have written, i am 100 % sure they are the same, if you are doing it like pro, and not just like trying to be very lucky and become rich in 1 or 2 hour ),
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January 11, 2019, 01:16:24 PM
 #91

I think with the current market conditions it will make us hesitant to trade, and if you are unsure of what you are doing then it is better to take a break and see the market development better to start again
Stay calm and observe what's happening in this market. We may be in a very difficult phase but if we have enough knowledge, trading in this discounted market can help us earn good profits. I believe that everything will be stable soon and we will achieve more in the future
Very good thinking mate I am really happy to see that you are detained and hopeful about your investment in bitcoin.  Now a day trading is getting powerful same as investment so try to invest whenever you get the chance and trade for long term. This fall is just so temporary mate soon you will see with your eyes everything getting normal again.

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January 11, 2019, 01:22:33 PM
 #92

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    
 

Did you enjoy your time as a trader?
Did you miss a job during these 2 years?
Do you still have money for living and trading?

If your answers are Yes, No, Yes I would definitely give it one more chance.

I think one common difference between a losing trader and a winning trader is that a winning trader can accept a losing trade and also minimize mistakes. The winning trader takes rational actions while a losing trader takes emotional actions. Read more about how to avoid the most common trading mistakes here: https://www.cryptocointrade.com/education/avoid-cryptocurrency-trading-mistakes/
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January 11, 2019, 03:40:42 PM
 #93

Not everyone can really understand how trading works, for example I have once found a chart and a system (indicators) that basically worked for everyone at the time (the 20 thousand times) and I tried it myself and failed, not because chart wasn't working, people were still making profit with it, I just failed it using it properly.

Basically all I am saying is trading is not for everyone and I am one of them, I try to "invest" instead of trade and I try to put my money into something I really trust and keep it there until I am happy with the profits. Of course 2018 looks like it wasn't the year to do that but thanks to reinvesting every week when I get money I have managed to drop the averages a lot and now I am not too far away from profiting. If you are having trouble trading in crypto, it might be best to invest instead of trading.

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January 11, 2019, 09:46:35 PM
 #94

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

Dude, I've been in your situation too.

I sold my things and bought bitcoin and did daytrade. always I bought, the price I fell and I went into a panic and then sold with losses, I lost a lot of money in this process, but then I gained practice and started to understand what I was supposed to do and what I should not do... The person realize how the market works

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January 11, 2019, 10:44:42 PM
 #95

Don't know what to say, but if you trade already for 2 years long then maybe you miss last year when the bull run was. Did you miss that or you sell to early and bought on high? I think now you can still make profit if trade fiat to bitcoin and bitcoin to fiat so you should continue if you have enough money, but be patience.

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Yamifoud
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January 11, 2019, 11:08:29 PM
 #96

if I continue to trade, because my daily needs depend on my trading, if I don't trade I can't eat, indeed  looking for profits in the trading market is very difficult, the most important thing is to be patient
depending on only trading income is very difficult it will effect your emotions and psychology too much, good thing is you are making profits continue and make more profits good luck 
It really feels difficult especially when you are trading thru emotions cause everything will be affected. If you have an effective plan,  tried to stick on it and you'll see you succeed even during this time.  You don't need to have luck but to work it seriously and focus of what you are doing.
Only few people have the guts to face the risk, others will just stay for awhile and waiting for good market trend.



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January 11, 2019, 11:22:44 PM
 #97

if I continue to trade, because my daily needs depend on my trading, if I don't trade I can't eat, indeed  looking for profits in the trading market is very difficult, the most important thing is to be patient
Why depend on trading if its not that profitable everyday? Its too risky and if you think trading can give everyday profit you might be wrong, so try not to depend on it and look for some stable job. If you lose much in trading try to study the concept again and after that trade professionally. 2years of losing is enough for you to stop trading, don’t take more risk.

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January 12, 2019, 03:27:46 AM
 #98

Don't know what to say, but if you trade already for 2 years long then maybe you miss last year when the bull run was. Did you miss that or you sell to early and bought on high? I think now you can still make profit if trade fiat to bitcoin and bitcoin to fiat so you should continue if you have enough money, but be patience.
well, i also thought that way. however, I would argue that getting profits from cryptocurrency is not only based on yesterday's bull run. in fact, there are currently so many people who still benefit from trading. well, all that only happens if you are ready to face the risk.

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January 12, 2019, 03:30:48 AM
 #99

for us you don't stop trading this year, I think it's better now you can buy it at a cheaper price, and I'm sure you will get a lot of profits.

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January 12, 2019, 03:32:12 AM
 #100

if I continue to trade, because my daily needs depend on my trading, if I don't trade I can't eat, indeed  looking for profits in the trading market is very difficult, the most important thing is to be patient
depending on only trading income is very difficult it will effect your emotions and psychology too much, good thing is you are making profits continue and make more profits good luck 
It really feels difficult especially when you are trading thru emotions cause everything will be affected. If you have an effective plan,  tried to stick on it and you'll see you succeed even during this time.  You don't need to have luck but to work it seriously and focus of what you are doing.
Only few people have the guts to face the risk, others will just stay for awhile and waiting for good market trend.

Yes, in crypto market there is boundaries for us to make money but while trading we need to have enough plans in order to implement while trading. Without planning it is impossible to make money through reading and even if you don't wait patiently you will be loosing more value.

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