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Author Topic: why many traders(including me) not getting success  (Read 2186 times)
Ispep
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February 03, 2019, 11:16:45 AM
 #61

One can lack experience in trading as still manage to be successful,you do not have to be a established expert to trade successfuly,all you need is a laid down plan,strategy and trading technique,once you've gotten all this in place effectively,you can manage to trade successfuly lest you're not greedy as greed is one big barricade to trading success.
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February 03, 2019, 05:31:47 PM
 #62

even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason
1) practice and experience
2) with fear of losing or missing profits we just f*** our trades
3) patients
4) or what other reasons could be?Huh?? please comment   


I think it is because the strategy that you have. Trading is like a trial and error game which may also result in losses at times but it would be a helpful way for us to gain better in trading. We can't do trading perfectly and it's never-ending learning and practice to just strive better.
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February 03, 2019, 05:48:07 PM
 #63

You can be the best technical analyst in the world but if you don't have a proper risk management strategy you will lose. It is statistically proven. Also you need to be cold hearted when trading, don't put any emotions in it. Of course that you can go out and celebrate when you mark up some profits and you are NOT TRADING anymore, but until then cold af. Wink
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February 03, 2019, 06:01:22 PM
 #64

At least you remember that crypto is high risk investment so if you can't win from it just stop it.
There are many way to success.

Maybe you can't success on crypto but you can success on forex or ordinary trading ?
So always try something new !

Smiley
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February 03, 2019, 06:39:17 PM
 #65

Friend is very simple, you are not understanding the market, do not let yourself be carried away by indicators, stripes, triangles ... that do not work, remember that trade is OFFER-DEMAND, and most are humans that operate there. It is the presence of robots, but if you let yourself be carried away by technical analysis without knowing what is happening, you can never win ... there are many books that can educate you and help you understand the market.

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February 03, 2019, 07:08:39 PM
 #66

Trading is designed in such a way not everyone can be successful at it so there are many traders will face losses as well and this bearish market keeps the losses more and more than compared to stable market,so you need to make winning strategy of you want to be successful don't just follow the same.
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February 03, 2019, 07:37:20 PM
 #67

trading is sometimes a loss and a profit, but the most important thing is to multiply the experience with various sources, I often read news on search sites or view reviews on videos and also join a group on social media.
Experience here is indeed very important to be able to get a knowledge. indeed the moment of loss inevitably must be experienced by all traders when they start
With time people learns because to have good profit you must have fine skills that you can gain only with experiencing something, the other thing a trader should know is to control your emotions and never take any step emotionally, rise and  fall will come across your way so you  make it an is and keep investing bravely.
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February 03, 2019, 08:47:18 PM
 #68

At least you remember that crypto is high risk investment so if you can't win from it just stop it.
There are many way to success.

Maybe you can't success on crypto but you can success on forex or ordinary trading ?
So always try something new !
It 's never been a good choice when you left the one that you loved the most.

Anyway, trading fails us don't just give up if you really love trading but remember you have to your all if you don't want to leave the trading industry. I've read some people that spent a lot of years just to master their strategy in the market that even without looking at the chart they already know when the market would go. And that is the result of hard working person all of his efforts and paying off in the end.

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February 03, 2019, 09:28:04 PM
 #69

even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason
It is no that easy to make money. If you invested in bitcoin in 2017 you could have made a hefty profit. Patience is the key here for any form if investment, never plan to invest when the market is riding high, invest when the bear market has the clutches. I would invest in this market and wait for the long term till the market rallies again.
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February 03, 2019, 09:31:38 PM
 #70

even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason
1) practice and experience
2) with fear of losing or missing profits we just f*** our trades
3) patients
4) or what other reasons could be?Huh?? please comment   

I don't trade myself , but i would say you doing something wrong . Try different methods . Maybe you are risking too much , try with less money and see how it goes . Once i did x50 margin long on BTC and got rekt after 5 mins , but if i would do x2-x10 margin i would be profitable currently Smiley So check your risk management and look if it could help you
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February 03, 2019, 11:06:57 PM
 #71

even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason
1) practice and experience
2) with fear of losing or missing profits we just f*** our trades
3) patients
4) or what other reasons could be?Huh?? please comment   
The above points are very good reasons why most of the traders will not be a good trader in his journey and most importantly without experience you cannot success you know your field and without patience you cannot stay long period of time in trading.
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February 03, 2019, 11:50:20 PM
 #72

I failed for my silly reasons:
1. Always choose Altcoin according to your emotions and not learn about it before.
2. Still buy them when the market is growing, and this kills me.
3. Too greedy when I had a profit made me fail.

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February 04, 2019, 09:00:11 AM
 #73

I failed for my silly reasons:
1. Always choose Altcoin according to your emotions and not learn about it before.

Well, at least you're being honest and I think you're not the only one here. I'm also been trading with my emotions but I do learn to control it but not that perfect. Sometimes I still lose and not using logical thinking.

2. Still buy them when the market is growing, and this kills me.

You mean buying at top?

3. Too greedy when I had a profit made me fail.

Hahaha. Everyone falls for this trap. That's why you better have entry and exit strategy to minimize greediness. If you hit your exit plan then there's no way to stay that long in the market. Sell them and move to the next coins.

R


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TalkStar
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February 04, 2019, 10:14:17 AM
 #74

even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason
1) practice and experience
2) with fear of losing or missing profits we just f*** our trades
3) patients
4) or what other reasons could be?Huh?? please comment   
Yeah exactly those reasons are affecting your trading success. But for a trader its really important to follow such things like,

1. Right time entry as a buyer.
2. Create own prediction when to buy or sell.
3. Gathering info about a project before buy.
   


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February 04, 2019, 03:11:17 PM
 #75

even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason
1) practice and experience
2) with fear of losing or missing profits we just f*** our trades
3) patients
4) or what other reasons could be?Huh?? please comment   

Fear and greed are the most dangerous enemies of any trader. If one can control both these factors he may have good success. Some people take trading as quick rich scheme and ultimately lose their account, taking high risk on any trade is not recommended at any stage. Patience is another key to success in trading.
There may be many successful traders using different trading strategy but you will find all these 3 factors common everywhere, controlling greed and fear and having patience. Just try it you will successful one day.

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February 04, 2019, 03:25:54 PM
 #76

even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason
1) practice and experience
2) with fear of losing or missing profits we just f*** our trades
3) patients
4) or what other reasons could be?Huh?? please comment   

I think the two biggest reasons are

FOMO (weak hands)

and

leveraged trading. Noobies go in at 50x and then go to sleep. And wake up wondering why their money is gone...

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February 04, 2019, 03:58:36 PM
 #77

even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason
1) practice and experience
2) with fear of losing or missing profits we just f*** our trades
3) patients
4) or what other reasons could be?Huh?? please comment   
Yes, i agree with you! Those are the main commun mistakes that made traders not getting success in theirs trades. I think the first step and patience are the most important Things when we talk about trading, also as you said fear of losing or missing Profits are also big mistakes for a trader. Successful traders believe in them trades and read carefully the market moves before doing any trade.
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February 04, 2019, 04:15:25 PM
 #78

even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason
1) practice and experience
2) with fear of losing or missing profits we just f*** our trades
3) patients
4) or what other reasons could be?Huh?? please comment   
Yeah exactly those reasons are affecting your trading success. But for a trader its really important to follow such things like,

1. Right time entry as a buyer.
2. Create own prediction when to buy or sell.
3. Gathering info about a project before buy.
   
The above 3 ways are a main key to success and yet there are a lot of things which should be kept into consideration while going for trading and have a good successful profits ahead. Right time to enter the markets is always a best point to be kept into consideration even after we gather enough info about the project we are buying.
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February 04, 2019, 10:26:49 PM
 #79

even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason
1) practice and experience
2) with fear of losing or missing profits we just f*** our trades
3) patients
4) or what other reasons could be?Huh?? please comment   
There have many reason for loss on crypto trading and i was face also and still i am learning crypto from different site or article and this forum also.Our first mistake we cannot fix our sell order because of we always make a huge profit and when price going dump for 2 weeks sell our asset with loss .So first think your target profit and always get small profit and increase asset and i hope you will be success .

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February 04, 2019, 11:45:51 PM
 #80

even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason
1) practice and experience
2) with fear of losing or missing profits we just f*** our trades
3) patients
4) or what other reasons could be?Huh?? please comment   
There have many reason for loss on crypto trading and i was face also and still i am learning crypto from different site or article and this forum also.Our first mistake we cannot fix our sell order because of we always make a huge profit and when price going dump for 2 weeks sell our asset with loss .So first think your target profit and always get small profit and increase asset and i hope you will be success .

The problem isn't about setting sell orders. Most Crypto traders don't have proper risk management and strategies in place. All they do is to patronise signal channels and pump groups. Even after making mistakes, They don't take note of those mistakes in order to learn from it. Instead, They close downntheir account and give up. It's the same for every other trader that has given up already.

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