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Author Topic: why many traders(including me) not getting success  (Read 2224 times)
MetalGear
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February 01, 2019, 02:55:39 PM
Last edit: February 01, 2019, 03:06:35 PM by MetalGear
 #21

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  
Not enough knowledge about cryptocurrency trading is also one of the reason why we are not successful. All of us want to make profit with trading but most of the people always enter in the world of trading without knowledge about it so in the end they will lose their money and funds. It's hard to avoid mistakes in trading or basically you can called lose money, when I first time do trading I lose a lot of money but I keep on learning and gaining more knowledge that's why I regain all my losses.
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February 01, 2019, 04:27:39 PM
 #22

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   

For sure those will not get earned also in trading so they spreading that trading is not good at all. Sometimes they spreading fud and having such good experience to work in trading.
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February 01, 2019, 04:34:17 PM
 #23

because we keep thinking about how to continue trading to make a profit. they continue to have targets for profit. so they are stuck with that target.
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February 01, 2019, 04:58:26 PM
 #24

https://vantagepointtrading.com/why-most-traders-lose-money-and-why-the-market-requires-it/

This is the best article I've read and would like to share with you as it covered almost all types of market conditions and types.

I believe traders lose mostly due to fomo and getting into a coin without research. Each news and even a rumor has its limited effect and traders need to understand this that without understanding the probability of a winning : losing ratio of a trade, putting your money in it is just pure gamble. When your capital dies under the dark shadows of unusual trading, then dies the interest and then trader takes wrong decisions thinking that he is contesting against himself, trying to chase profits without even knowing what possible outcome will there be of the trade the trader is going to commit.

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St4yInTh3D4rk
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February 01, 2019, 05:13:48 PM
 #25

Even while have enough knowledge about how to do crypto trading you can make mistakes when you don't have experience so you need to keep practicing and keep learning from your mistakes to be more successful.Now the market is not greenish so it is not for the time to make profits for every trader so don't go for trading until you see the market in healthy condition.
If you are an experience trader you will understand that there some indicators that can predict the downward market and if you understand all those indicators you will know that in both upwards and downwards trend you should be able to make profits.  There is no healthy market conditions we only have healthy analysis.
So if someone knows how to analyse all the indicators are going to make 100% success rate while trading? No right! Roll Eyes

All the indicators were just a tool to predict the prices not to determine what is going to happen exactly that is why we call trading is highly risky.

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Andrew Parker
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February 01, 2019, 06:37:54 PM
 #26

The problem with the current generation is patience. Majority of the youngsters lack it big time, which is something that causes huge problem. So, the first reason is we want to succeed almost instantly, and when it’s not happening there is almost fear of failure.

So, we should give things time and try to build a plan and ensure to stick to it aside from certain changes inbetween. I suggest using these Trading Tools, it should really help a lot with doing things.
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February 02, 2019, 09:18:35 AM
 #27

Maybe practice and experience. To be successful in trading is not easy and requires time, so being able to succeed requires practice and experience. If it always fails, there must be something wrong with the method you applied. Whether it's emotional management, the time to start trading, calculation, or other. So we have to find a good method to succeed. This does require patience so that you continue to practice and learn so that your experience is explored. I am sure  will definitely get success in trading.
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February 02, 2019, 10:01:26 AM
 #28

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.


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February 02, 2019, 10:07:42 AM
 #29

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 you are not getting lucky and your strategy is not right. Many investors have made a lot of money from the crypto market in many ways such as investing in altcoin, buying tokens of ICO projects, trading at the time of altcoin pumping, ...
There are many ways to become rich and you need to be more observant to know when you should be involved.

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February 02, 2019, 11:59:06 AM
 #30

First of all, everyone can not always gain. It does not matter how more you know, the market is always more than you know. Because the graphs sometimes move differently than usual. In addition nowadays situation is so bad and trading causes you to lose more.
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February 02, 2019, 12:05:15 PM
 #31

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

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February 02, 2019, 12:05:58 PM
 #32

because we keep thinking about how to continue trading to make a profit. they continue to have targets for profit. so they are stuck with that target.
thinking it must be more than anything else to get the results we want, but you also have to know when to release the coins that are held, especially now it really requires great patience to be successful in trading this year until the year to come

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February 02, 2019, 12:42:43 PM
 #33

We can't expect everyone will success on trading always. Someone have to loss and someone have to profit. Especially new traders mostly on loss. The reason is experience and patience. For trading you have to aware market conditions always. We can't take profit if we run against market. So you should know little bit analys. Another thing is greedy, sometimes we loss for greedy and it was happened to me when I did trading on beginning. So you have to avoid greediness. Just sell when you are on profit or use stop loss. Otherwise may be you have to loss again. Very low change to get high profit. Because we don't know exactly which coin will be bump suddenly.

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February 02, 2019, 12:45:34 PM
 #34

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   
3) It should be 'Patience'

Actually, there are some factors on which our trades are dependent on. One among them is luck and in most cases our trades execute in the opposite direction because of bad luck.
The second point you made, 'Fear' is a right thing you said as this leads to panic sell/buy and this leads to lower profits or losses.
The solution to this is practice and experience. Only experience can make us not repeat our mistakes constantly.

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Thanasis
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February 02, 2019, 02:10:37 PM
 #35

because we keep thinking about how to continue trading to make a profit. they continue to have targets for profit. so they are stuck with that target.
thinking it must be more than anything else to get the results we want, but you also have to know when to release the coins that are held, especially now it really requires great patience to be successful in trading this year until the year to come
Expecting profit too early is one of the problem for the cryptocurrency traders so they are not giving enough time for their holdings to increase its value and end up getting panic then selling for less than how much they were bought for. Keep trading also long term to increase you chances.

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February 02, 2019, 02:35:12 PM
 #36

Experience is a big part of the problem. Bitcoin is way different than any other trading out there. I agree that they look similar and what not but Forex is still different crypto trading. So we are talking about a brand new trading that not many people have experience on and wonder why we are not doing well. Whales do make money but that requires no experience, when you are rich enough to make any move you want and change the price of any coin then you will definitely see a profit.

However, with small amounts (and even as high as 100k on big coins) it requires experience in the field, so we need to wait some more years and people will get more and more experience with trading and eventually all of us will have 5+ years trading experience that will allow us to be much better than what we are right now.

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February 02, 2019, 02:53:51 PM
 #37

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   

Some more common reasons could be (it may depend from trader to trader, investor to investor)

1. Greed
2. Setting up a long target
3. Not choosing the right asset when it is the right time

I can't surely tell about others, but I have suffered a lot for the above 3 reasons.
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February 02, 2019, 02:59:34 PM
 #38

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 because 90% of what is usually found on the internet is pure garbage specially when it is cryptocurrency related. such as the Youtube videos telling you how to trade altcoins and what to trade. so reading them and watching these videos is only going to mislead you!

Quote
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   
1) that is the key! you either have experience or don't. it is not impossible to gain experience but it requires hard work and spending a lot of time.
2) having fear is not a bad thing. in fact it is perfectly natural to fear what is going to happen to your money as long as it is not affecting your better judgment.
3) patience is what bag holders tell themselves to justify their idiocy.
4) you already said it in your #1

Only Bitcoin
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February 02, 2019, 03:08:53 PM
 #39

Don't get upset my friend if you are not having any success in trading now. Trading does not give you instant funds and a lot of patience and skills are required to have profits in trading. Failure will lead you to success. Keep trying and some or the other day the coin you purchase will pump and you will rise up your profits by 1xxxX times.
Those who stay in the markets after failure always have a good life ahead as mistakes teach us a lot.

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February 02, 2019, 03:08:57 PM
 #40

You really should try to make profits from trading, in order for you to win someone must lose.  You are participating in a zero sum game that adds nothing to society. If you want to add to the crypto space you should build something that on boards new users and makes the experience fun for newbies.
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