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Author Topic: should i continue trading ?  (Read 26060 times)
ultrloa
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February 19, 2019, 11:02:55 PM
 #261

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    
 
Focusing on trading with a little to nothing money wouldn't anything for you. You need to have a good amount of money to gain more than you invested. You've been trading for 2 long years you didn't make any profit? How ignorant of you no offense but what did you do in that long span of time? Me even though I'm only starting at this I've already acquired some of the basic knowledge and strategies to lead my money somewhere.
Part time trading is not enough for learning markets deeply,maybe that's why op has no idea about how to make profit. One more possibility is op just left the job after checking his bitcoin balance which increased with newbie luck. Day trading is full of in/outs and there are big differences between short vs long term trading. Big pockets prefer to stay longer in markets for taking more advantage of trend than daily trouble with day trading.

Would rather agree on this since in tradings if we have small pocket on it we will have small chances to earn since we are like guessing for the perfect time and perfect coin or token to buy with. But if we have bigger pockets then we have huge chances to earn since we can retrieve and afford to do a cut loss and buy back and manipulate the market condition on certain crypto's.

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February 20, 2019, 02:37:52 AM
 #262

Of course you are very able to trade again. there is no prohibition, but when you are still experiencing problems with previous positions or losses may be a mental burden but still to go forward and trade.

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February 20, 2019, 05:07:52 AM
 #263

Of course you are very able to trade again. there is no prohibition, but when you are still experiencing problems with previous positions or losses may be a mental burden but still to go forward and trade.
well, besides that, you have to consider the risks of trading now. maybe it's not prohibited, but it's still at risk. when you are ready for the risks you will face in the world of trading, then I think you can do it anytime.


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February 20, 2019, 06:30:02 AM
 #264

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    
 
Trading is one of the most profitable jobs, the opportunities are huge. All you need to do is try to learn better about the situation and do coin analysis much better. 2 years is enough time to ripen the experience you have. This is something you should wait for, there is no instant thing. Learn on and never give up, make sure that you have the ability to be able to seize the opportunity to gain profits in the world of trading.
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February 20, 2019, 07:14:09 AM
 #265

People who don't have a very good experience of trading, it is very good to stay away from the market because we are seeing many huge fluctuations in the market, which it is impossible to make the profits. Instead of being losing money it is better to hold them in the market until the market starts recovering.
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February 20, 2019, 08:13:17 AM
 #266

Pretty sure you are doing something wrong. In that 2years you should have started getting an ROI or possible you should have profited already. If I were in your situation, I probably give up already. It could give you loneliness in the long run. Maybe trading isn't for you but if you still insist, just keep on trying unitl you succeed.
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February 20, 2019, 09:11:06 AM
 #267

If you think you can learn from your mistake before and you believe that this time, you won't make the same mistake, then you can continue trading, but this time, you need to be very careful to choose the coin. You should analyze deeply than before you can find a very good price to buy and sell and you can recover your losses from the last time trade. And if you can do this and not making a mistake, then you only need to rinse and repeat the process, and I am sure that you can make a profit again.

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February 20, 2019, 08:24:40 PM
 #268

Of course you are very able to trade again. there is no prohibition, but when you are still experiencing problems with previous positions or losses may be a mental burden but still to go forward and trade.
well, besides that, you have to consider the risks of trading now. maybe it's not prohibited, but it's still at risk. when you are ready for the risks you will face in the world of trading, then I think you can do it anytime.
To avoid this risk we have allow of better options which can be use to make only profit but no risk of lose, trading is all about information and knowledge if you are well aware of all things that needs to be consider during trading then no need to be worry about risk just enjoy your journey to be a good trader and one more thing is to buy at red and trade for long term.
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February 21, 2019, 01:37:10 AM
 #269

If you already learn and jump in to trading in 2 years already , no reason to quit from it because you already close with success. In duration 2 years you will know what your mistake in trading, and you should be make better trading strategy and risk management. Keep continue to trade and you will get successfully from your learning and experience.

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February 21, 2019, 02:12:16 AM
 #270

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
we can always continue trading. if we see a coin that is showing a downturn, then we can look for a new coin that is showing an uptrend, we can come in and we may get a profit. we must be clever to see the situation that is happening, make all the circumstances an advantage for us. do not ever give up if we still want good income.

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February 21, 2019, 02:18:05 AM
 #271

for me now you are also good for trading now, because now the market price starts to move up better. so you also still have many opportunities to make a profit.
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February 21, 2019, 02:58:20 AM
 #272

When you see it you have good times and your funds is enough for trading this time, do it and don't hesitate. Continue trading is that's your will, because once you aren't sure of what you feel regression will follow. Have firm decisions and right now it's a very best opportunity to buy and trade while coins are cheaper than before.

 
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April 08, 2019, 11:51:16 PM
 #273

If you already committed why not hold it for a good price. If you are already holding some of this then you should not quit, quitters never win right? What if you quit at the last minute and the coin you invested with skyrocketed from the very moment you walked out. Pretty frustrating right? Just hold on and keep you Faith if not then just leave it be but remember you have that particular coin then get back at it from time to time and check it if you have the time not a very time consuming job right? So do it.
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April 08, 2019, 11:56:09 PM
 #274

Well, the market has been quite bearish, from FUD to FUD, it's not easy to trade in these times except if you are really knowledgeable and skillful in trading.

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April 09, 2019, 12:45:00 AM
Last edit: April 09, 2019, 12:02:05 PM by Vispilio
 #275

To answer the question "whether you should continue trading" you need to calmly analyze your situation.

1) Do you know the reasons why you made losing trades so far ?, and if yes,

2) Have you made the necessary intellectual and psychological preparations to decisively avoid those mistakes in the future ?

If you can answer yes to both of these q's, I presume you can have a future career in trading.

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April 09, 2019, 01:27:20 AM
 #276

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 it is better to quit specially if you think that it isn't working anymore,
It is better to quit than to continue on losing and of course it would only stress you out and it could affect your health, So do you think it is still worth it if it isn't just your money that is being affected by the market but also your health as well?

Vitalicus
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April 09, 2019, 02:59:50 AM
 #277

for me now you are also good for trading now, because now the market price starts to move up better. so you also still have many opportunities to make a profit.
The market showed a clear growth in April but still need a lot of important factors to be more stable. I think if you trade at this point, making a profit will become easier, but you should focus more on observing because each transaction can cause you to have a big loss if the market starts to show signs. bad. In my opinion this time is still very good and Bitcoin will not decrease until the end of April

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April 09, 2019, 04:24:09 AM
 #278

You have been day-trading for the past two year's and suffered losses, so why didn't you change your strategy before. If one strategy is not working for you then you should try short-term trading or long-term trading.

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April 09, 2019, 05:52:49 AM
 #279

Are you day trading or just holding? If you're day trading why would you quit? Practice makes perfect.
Do you really read the thread?Or just the title?OP literally mentioned Him being Daytrader for 2 years so why ask about long term holding?

Hey OP upon reading your story it seems that you don’t have a real life work and everything you do for living is from trading?this is not healthy living mate because this forum must be for extra profiteering only and not for daily living,the volatility of cryptocurrency may bring you fortune but this can kill you also from starvation so better decide rightfully
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April 09, 2019, 05:57:40 AM
 #280

Well, the market has been quite bearish, from FUD to FUD, it's not easy to trade in these times except if you are really knowledgeable and skillful in trading.

Even when the market is not bearish, you should only trade if you are trained and skillful with it. Experienced traders will eat you alive if you get into trading with proper training or knowledge about it.
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