Malamok101
Full Member
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Activity: 868
Merit: 100
Proof-of-Stake Blockchain Network
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March 15, 2019, 06:29:11 AM |
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Lot of traders starting to trade even they don't have enough experience to start from it. So its better to explore about trading and learn lessons before starting to make money from it.
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steveabrahams
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March 15, 2019, 06:58:28 AM |
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There are also many unsuccessful trader out there including me lol. I think it's because of many new traders or beginner trader blindly buy and sell without thinking or because of some people talk shit like "buy this coin, it will pump and bla bla bla" in chat room (on the exchange).
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BUK2016
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March 15, 2019, 08:03:09 AM |
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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? ?? please comment It is very difficult for one to become successful in trading crypto currency if you a good knowledge and experience if what trading in all about. It is always advisable to have a good knowledge of technical analysis particularly with the use of candle stick in my opinion as that work for me and that of fundermental analysis since it usually affects technical decision.
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Yutikas_11920
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March 15, 2019, 10:12:16 AM |
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There are also many unsuccessful trader out there including me lol. I think it's because of many new traders or beginner trader blindly buy and sell without thinking or because of some people talk shit like "buy this coin, it will pump and bla bla bla" in chat room (on the exchange).
I think you are easily influenced by other people even with people you don't know at all, you should not be easy to trust other people so that your assets will still be safe because in the trading world you must remain confident and not easily be affected by people you don't know.
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BeGoods
Legendary
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Activity: 1372
Merit: 1008
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March 15, 2019, 11:04:39 AM |
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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? ?? please comment It is very difficult for one to become successful in trading crypto currency if you a good knowledge and experience if what trading in all about. It is always advisable to have a good knowledge of technical analysis particularly with the use of candle stick in my opinion as that work for me and that of fundermental analysis since it usually affects technical decision. I began to realize that even professional traders can lose, because market conditions are sometimes unpredictable, we cant intervene the market, so don't always blame yourself if you lose. but some other reasons such as emotional feeling can also occur in experienced traders. my tips are always control and always learning
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St4yInTh3D4rk
Sr. Member
Offline
Activity: 686
Merit: 264
"STAY IN THE DARK"
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March 15, 2019, 01:32:59 PM |
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There are also many unsuccessful trader out there including me lol. I think it's because of many new traders or beginner trader blindly buy and sell without thinking or because of some people talk shit like "buy this coin, it will pump and bla bla bla" in chat room (on the exchange).
If other traders were doing mistake means you can make benefits from it,because trading profits comes from the losses of some other trader.So you need to make the right decisions while others were doing it wrong.Trading is an emotion game of all traders so you need to understand what will be the outcome activity of the current status on the crypto market to be successful.
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Hero/Legendary ..bustadice.. ▄▄████████████▄▄ ▄▄████████▀▀▀▀████████▄▄ ▄███████████ ███████████▄ █████ ████▄▄▄▄████ █████ ██████ ████████▀▀██ ██████ ██████████████████ █████████████ █████████████████▌ ▐█████████████ ███ ██████████ ███████ ███ ███ ████████▀ ▐███████ ███ ██████████████ ██████████████ ██████████████ ██████████████ ██████████████▄▄▄▄██████████████ ▀████████████████████████████▀
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ethereumhunter
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March 16, 2019, 02:23:12 PM |
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There are also many unsuccessful trader out there including me lol. I think it's because of many new traders or beginner trader blindly buy and sell without thinking or because of some people talk shit like "buy this coin, it will pump and bla bla bla" in chat room (on the exchange).
That will be our mistake to listen to other people says because we are not analyzing those coins. We are too greedy to expecting the pump from them which we don't know if that is true or not. Besides that, we still learning about trading and we make so many mistakes in analyzing the chart so we cannot get success. But I believe that if we don't stop learning, we will be able to get success in the future and it's only a matter of time before we can get there.
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Distinctin
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March 16, 2019, 03:04:52 PM |
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That's because this is not the right place for you mate, same with the others. It is really hard to be a traders especially when we are not being passionate with that and if we don't put some extra effort. If we don't know how to adjust the market situation definitely it will bring us down and taking away our hopes.
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peter0425
Sr. Member
Offline
Activity: 2828
Merit: 458
Vave.com - Crypto Casino
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March 16, 2019, 03:55:28 PM |
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That's because this is not the right place for you mate, same with the others. It is really hard to be a traders especially when we are not being passionate with that and if we don't put some extra effort. If we don't know how to adjust the market situation definitely it will bring us down and taking away our hopes.
And it's a journey for most of us. It's like not we gonna learn everything overnight. It will take lot of our time and patience and extra effort as you have said. So if you're not successful then don't give up, I'm sure at one point in time, you can achieved your goals here, others may get it like in short amount of time, but majority of us, sometimes we need to push ourselves to gain that needed experienced.
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iv4n
Legendary
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Activity: 3318
Merit: 1190
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March 16, 2019, 04:19:59 PM |
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That's because this is not the right place for you mate, same with the others. It is really hard to be a traders especially when we are not being passionate with that and if we don't put some extra effort. If we don't know how to adjust the market situation definitely it will bring us down and taking away our hopes.
And it's a journey for most of us. It's like not we gonna learn everything overnight. It will take lot of our time and patience and extra effort as you have said. So if you're not successful then don't give up, I'm sure at one point in time, you can achieved your goals here, others may get it like in short amount of time, but majority of us, sometimes we need to push ourselves to gain that needed experienced. I will agree that its a journey, you start from scratch and you learn it from there. It`s new for everyone, except maybe forex brokers, and people who traded with stocks, everyone else had first touch with trading with crypto. Crypto opened a door for masses, you need to have computer, internet (what most people already have) some money (you can earn it online, slower but you can) and you are ready to go. I think that people should wrote on paper what they do, or to run some program that track trades (if they are ready for that). Only with tracking your tradings you can succeed in long term.
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michael23
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March 16, 2019, 05:58:00 PM |
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The main reason is haste. I think so. After all, we all want to quickly get good money and often neglect careful study. But this is a mistake. After all, it is better to study everything and anticipate all possible adverse outcomes of events than to learn from your mistakes and lose money. Do not forget that only the patient people will be able to achieve their goal.
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davinchi
Legendary
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Activity: 2100
Merit: 1058
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March 17, 2019, 08:53:19 PM |
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It is very difficult for one to become successful in trading crypto currency if you a good knowledge and experience if what trading in all about. It is always advisable to have a good knowledge of technical analysis particularly with the use of candle stick in my opinion as that work for me and that of fundermental analysis since it usually affects technical decision.
Many of them have good knowledge of it actually before getting into trading but what destroys them is purely Greed. Greed is what makes them blind to when to leave the market, out of greed many of them invest with little money, and want to perform the magic of multiplying it immediately without compounding, how on earth will a trader invest with $100 and expect to make $2500 in return immediately, because there is a magic trading tool called margin trading or leveraging. Ask many failed traders, they will tell you how much they leverage with expecting the market to be so volatile for them to turn small capital into immediate fortune.
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fullhdpixel
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March 20, 2019, 03:12:07 PM |
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There are also many unsuccessful trader out there including me lol. I think it's because of many new traders or beginner trader blindly buy and sell without thinking or because of some people talk shit like "buy this coin, it will pump and bla bla bla" in chat room (on the exchange).
The main problem I see is this, majority of failed traders hears that they make money in trading, and then, they go on Google to search what trading is, look up to YouTube to get some tutorials and then enter trade with the confidence that they have learnt enough or bold enough to trade, after entering the trade, they are faced with life reality of trading and then fail because they have no strategy. When you rush into something, it’s obvious you will rush out; this is the case of many unprofessional crypto traders.
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[/tabl
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cryptoblue77
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Activity: 472
Merit: 10
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March 20, 2019, 03:29:35 PM |
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It has been difficult to gain profits in the bearish market situation, most people have been losing except a few. Some experienced traders have been making profits in this difficult market situation.
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Suslura
Member
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Activity: 598
Merit: 10
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March 20, 2019, 07:33:48 PM |
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It has been difficult to gain profits in the bearish market situation, most people have been losing except a few. Some experienced traders have been making profits in this difficult market situation.
I think that today everyone has lost their profitable interest from the cryptocurrency market. If you take into account the daily trade, then you need to have a very large and serious experience in this field of activity. But if we are talking about long-term storage, then the profit is obtained only by the person who names and other sources of income and will not sell their assets at current prices.
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wayaneka
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March 24, 2019, 02:20:30 AM |
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In bull market is easy to make profit, just buy 10 top ranking coins and we will make some profit but greedy and FOMO make us loss money again. So we should be always control this natural emotion. Never be greedy and use risk management is key to make good profit. Knowledge about technical analysis is just second thing in trading. There are only 2 trend in crypto market, that is bullish and bearish and we should be only enter to this market when bullish trend and exit from it if any sign the trend change to bearish.
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BeGoods
Legendary
Offline
Activity: 1372
Merit: 1008
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March 24, 2019, 03:19:55 AM |
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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? ?? please comment I think that the reason is lack of patience and belief, when you learn how to analyse a project and get the decision to invest , you should always get the emotions out and keep tracking every single progress, and always dont fall love in projects (invest only what you can afford to lose) Lack of patient can also be the cause. but I think there are many other reasons that make someone lose in trading. because failure in trade can be caused by various things, emotional feeling is also sometimes experienced by many traders. You have to know which one is lacking and fix it dude..
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Question123
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March 24, 2019, 05:37:04 AM |
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Successful in trading is in your hand. If you want to be success and not failed you need to have the characteristics of the successful traders. Patient is number one, don't panic, don't fear when the price is down because if that potential what ever happen to it they probably recover again, you must do a research on the action or to your decision that you are buying and selling the coins.
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qiwoman2
Legendary
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Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
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March 24, 2019, 06:53:55 AM |
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I think too many people in crypto anticipate high returns and are in it for the fast money, so if a coin or token they trade doesn't pump to their liking and within the time frame they want it to pump, then they just dump and sell at a loss. Or they go into some pump groups and signal groups on the telegram, follow those so-called VIP signals and then by the time they buy the coin or token, the VIPS are dumping on their bags. To be a good trader, you need to pick some good picks that if you are left holding a bag for a while, at least you know it's a solid project so the bag doesn't feel so heavy. You need to trade with a cool head or you will lose.
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Faxmate
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March 24, 2019, 07:29:07 PM |
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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? ?? please comment I think that the reason is lack of patience and belief, when you learn how to analyse a project and get the decision to invest , you should always get the emotions out and keep tracking every single progress, and always dont fall love in projects (invest only what you can afford to lose) Lack of patient can also be the cause. but I think there are many other reasons that make someone lose in trading. because failure in trade can be caused by various things, emotional feeling is also sometimes experienced by many traders. You have to know which one is lacking and fix it dude.. According to me lose and profit is all in our own hands, if we will be wise while investing and while selling I am sure there will be no lose but only profit, mostly lack of knowledge and lack of patience makes market down, which causes lose for all traders, being emotional is not good act so avoid it as much as you can.
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