bohr
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December 21, 2019, 04:56:29 PM |
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I agree with you. I had to go through that, too. I was very afraid to make a mistake and sometimes it negatively affected my results. It took me a while to realize that there's nothing wrong with failure, it's also a very rewarding experience.
I think that everyone has gone through that process at some point during their journey as traders, it is impossible to not make mistakes, the important part is what do you do with them, I know people that have made the same mistake many times and they never learned their lesson, but if you make a mistake and if you find the reasons behind that mistake and then you correct them then not only you will become a more effective trader this could have great benefits in your life as well.
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PuertoLibre
Legendary
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Activity: 1890
Merit: 1003
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December 21, 2019, 05:01:46 PM |
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I agree with you. I had to go through that, too. I was very afraid to make a mistake and sometimes it negatively affected my results. It took me a while to realize that there's nothing wrong with failure, it's also a very rewarding experience.
I think that everyone has gone through that process at some point during their journey as traders, it is impossible to not make mistakes, the important part is what do you do with them, I know people that have made the same mistake many times and they never learned their lesson, but if you make a mistake and if you find the reasons behind that mistake and then you correct them then not only you will become a more effective trader this could have great benefits in your life as well. Making mistakes in real life and trading are two different ways of learning the truth through failures. After reaching the certain trading experience, professional traders watch closely the market psychology which can change its impact in various market cycles. Trading sentiment is also measured in values that based on how strong feelings market participants have. The panic selling and blindly buying are consequences of emotional trading, the fear-greed index affects the probability of any market event.
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makolz26
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December 21, 2019, 05:10:39 PM |
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I agree with you. I had to go through that, too. I was very afraid to make a mistake and sometimes it negatively affected my results. It took me a while to realize that there's nothing wrong with failure, it's also a very rewarding experience.
I think that everyone has gone through that process at some point during their journey as traders, it is impossible to not make mistakes, the important part is what do you do with them, I know people that have made the same mistake many times and they never learned their lesson, but if you make a mistake and if you find the reasons behind that mistake and then you correct them then not only you will become a more effective trader this could have great benefits in your life as well. Making mistakes in real life and trading are two different ways of learning the truth through failures. After reaching the certain trading experience, professional traders watch closely the market psychology which can change its impact in various market cycles. Trading sentiment is also measured in values that based on how strong feelings market participants have. The panic selling and blindly buying are consequences of emotional trading, the fear-greed index affects the probability of any market event. For me, making mistakes is fine, just don't create same mistakes over and over again, that's not good, making mistakes is fine once you are learning from it and you are becoming wiser, so you need to analyze the things that you did wrong and making sure that it will not happen again, as making mistakes over and over is a sign that you are not learning enough.
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mobilestrike
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December 21, 2019, 05:23:29 PM |
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I agree with you. I had to go through that, too. I was very afraid to make a mistake and sometimes it negatively affected my results. It took me a while to realize that there's nothing wrong with failure, it's also a very rewarding experience.
Yeah my failure also became a rewarding and lesson giving experience to me. I was thinking that I am the most secure online business person but after sometime I started the trade and without getting much knowledge I started to invest all of my money in trading and in the result I lost all of them. I was even investing in shit coin pumps which gave me a huge lose.
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ganeshramk
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December 21, 2019, 05:25:47 PM |
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I agree we should not afraid of making mistakes if it is unknown. At the same time one should not repeat the mistakes again and again which will be disaster. Especially in crypto trading.
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kodtycoon
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December 21, 2019, 05:29:06 PM |
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yes, because by continuing to try something new at least there must be an effort to do even though in the end it was just a failure, but when we learn from that failure then of course we will know better what to do next to become better so as not to make the same mistake
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tambok
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December 21, 2019, 05:37:26 PM |
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yes, because by continuing to try something new at least there must be an effort to do even though in the end it was just a failure, but when we learn from that failure then of course we will know better what to do next to become better so as not to make the same mistake
That's the reality, sometimes you are making mistakes but it could lead you to a better you, for example your boss fire you in your company that you think you love most, but then after making some mistakes they fire you without given chances, and finally you discover something for your life that will change your life from a better. Check the life of the multi millionaire persons, some were dropped out, fire in a company, not good enough but look at them now.
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kissaNN
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December 21, 2019, 06:10:16 PM |
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there is a good saying: a fool learns from his mistakes, clever from others' mistakes, and wise from both of them . How can this help us in cryptocurrencies? We need to study historical examples of markets: stock, currency, and what crises occur and how they are overcome.
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stephanirain
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Freshdice.com
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December 21, 2019, 08:19:00 PM |
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Though it is difficult to be not afraid when the mistake you had made had cost you a lot of money. It is really difficult also to take risk on something you are not very familiar with. It is nice to learn from the mistakes but sometimes, there are cases that you don't have to experience those circumstances to learn from them.
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Pinkris128
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December 21, 2019, 08:34:55 PM |
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In my own personal opinion, cryptocurrency is risky, so you should expect having mistakes, and you should learn a thing from that mistake. Learning from your mistakes will be now easy for you to avoid it and to correct all of it, that is why it will be really bad if you just repeat the same mistake because you are not really learning from it.
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KillerInk
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December 22, 2019, 12:20:34 PM |
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We are so afraid of making mistakes that many good or promising projects do not dare to invest in them. Too much fear will be our limit. Never be afraid to make mistakes and don't be too afraid to fail.
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Dangki01021991
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December 22, 2019, 12:22:38 PM |
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right. Even if you ultimately fail, it is still a stepping stone to becoming better and achieving greater success. Let go of fear and trust in yourself.
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Pham_Kinh_Kong
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December 22, 2019, 12:26:11 PM |
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When the market is good, mistakes are hard to spot. The cryptocurrency market we know about is sometimes very complicated and funny, especially when you see things that have never been exposed. Be confident and don't be afraid of making small mistakes.
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ProteinBar
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December 22, 2019, 12:30:35 PM |
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Those who are careful and have little risk are very successful in life. many people are too afraid of making mistakes, being too careful and afraid of failing, they lead a normal life or need. Overcome fear because that is your greatest limitation.
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Apinya_Anong1111
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December 22, 2019, 12:39:36 PM |
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Certain mistakes are not necessarily a bad thing, it is a lesson of life, is the experience of each person, it is a stepping stone to become better and achieve greater success. so we have to overcome our fears and overcome our mistakes.
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sulendra12
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December 22, 2019, 12:45:48 PM |
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Yes, sometimes when doing mistakes are really helping you to be a solid person when it comes to making a decision or trading because when you are doing a mistake then you can actually avoid for having a same mistake in a row by analyzing those mistakes.
If you haven't experienced any mistake from now then it's really a bad day for you.
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Surrapatt
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December 22, 2019, 02:00:35 PM |
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right. Even if you ultimately fail, it is still a stepping stone to becoming better and achieving greater success. Let go of fear and trust in yourself.
True, fear is not mandatory for us to maintain, because with excessive fear, we will never be successful, so everyone must always be optimistic and believe in his own abilities.
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heidikim
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December 22, 2019, 02:07:23 PM |
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Not to be afraid of mistakes or to embark on an adventure. I think we shouldn't be afraid of mistakes. But I think it is wrong to start a business without calculating the risk at all. The good outcome of an adventure does not change the fact that it is an adventure
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mobilestrike
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December 22, 2019, 04:39:38 PM |
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In my own personal opinion, cryptocurrency is risky, so you should expect having mistakes, and you should learn a thing from that mistake. Learning from your mistakes will be now easy for you to avoid it and to correct all of it, that is why it will be really bad if you just repeat the same mistake because you are not really learning from it.
Actually it is the initial stage of crypto and blockchain technology that is why the risks persists there, The governments have also not started any work on it or maybe they are on the way or thinking to start work on blockchain and cryptocurrencies but there is also the option that if someone will get expert in blockchain and crypto then they will not do any mistake. So we have to take the step and have to get much expert in this technology to avoid any mistake.
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seleme
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Duelbits.com
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December 22, 2019, 04:58:36 PM |
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Not to be afraid of mistakes or to embark on an adventure. I think we shouldn't be afraid of mistakes. But I think it is wrong to start a business without calculating the risk at all. The good outcome of an adventure does not change the fact that it is an adventure The adventure shouldn't cost a trading balance, no matter how enjoyable it is. In trading journey, everyone has a different viewpoint. Making mistakes will not weakens the trader's ability, this is how experienced traders become a 'expert'.
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