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Author Topic: why many traders(including me) not getting success  (Read 2186 times)
BigTeeths
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March 25, 2019, 01:09:36 AM
 #181

Because in trading, there are more losers than winners. Most of them are newbies that very reckless in buying their coins and only believe to a random guy that had convincing statements or rather tweets with supported technical analysis or some proof of his previous profits. And we know there are like 60%-80% of new traders do that for a few years before they really learn.
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March 25, 2019, 02:42:38 AM
 #182

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   
Maybe trading is not your passion or expertise, in trading, in my opinion profit is not the main factor to make you successful, even though profits are often a benchmark and I think there is a separate side to profit. You say you have read a lot of books and looked at the video and do you really understand the information and lessons that were delivered.

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March 25, 2019, 06:21:31 AM
 #183

Everyone doesn't afford to travel in the first class there are very few peoples to afford it. There is need ability (money) to afford the first class. Just think like that, in the trading platform looks like same except one thing there needs money here needs proper knowledge.

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March 25, 2019, 06:33:09 AM
 #184

Success won't knock your doors, it is us who need to go behind the same. It might be quite hard to learn some basics as well invest small funds and experiment the same. Traders without any knowledge just invest and expect profit, which isn't possible other than few lucky ones. Next category traders buy and then expect big profit in short. To get a regular earning it is good to go along with the market, if not long term holding is a must.

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Caladonian
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March 25, 2019, 07:00:02 AM
 #185

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   
Maybe trading is not your passion or expertise, in trading, in my opinion profit is not the main factor to make you successful, even though profits are often a benchmark and I think there is a separate side to profit. You say you have read a lot of books and looked at the video and do you really understand the information and lessons that were delivered.
Exactly, if it's not your passions though you read a lots of informations and watch different strategy it's still tough for you to practice those and succeed, trading is not for everyone we should accept the facts that there's skills people who can take advantage and find their edge to survive and compete with
others, if you can't adjust and you are still not getting anything better to assess yourself, maybe its time to move on and change your activities.
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March 26, 2019, 02:18:15 AM
 #186

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   
Maybe trading is not your passion or expertise, in trading, in my opinion profit is not the main factor to make you successful, even though profits are often a benchmark and I think there is a separate side to profit. You say you have read a lot of books and looked at the video and do you really understand the information and lessons that were delivered.
Exactly, if it's not your passions though you read a lots of informations and watch different strategy it's still tough for you to practice those and succeed, trading is not for everyone we should accept the facts that there's skills people who can take advantage and find their edge to survive and compete with
others, if you can't adjust and you are still not getting anything better to assess yourself, maybe its time to move on and change your activities.


Even if it's not your passion, you can still be an efficient trader and have successful trades most if the time. I don't think most successful traders actually are that passionate about what they're doing. They're likely detached from all that. Reading and watching trading related things are good but experience is always the best way to excel. Trading is about taking risks and experience teaches you a lot about risk management.


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idham29
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March 26, 2019, 03:37:53 AM
 #187

Because in trading, there are more losers than winners. Most of them are newbies that very reckless in buying their coins and only believe to a random guy that had convincing statements or rather tweets with supported technical analysis or some proof of his previous profits. And we know there are like 60%-80% of new traders do that for a few years before they really learn.
I am sure the most important factor in dealing with trading is the desire to win so that logic is ignored, prioritizing wanting to win quickly and wanting to win big.
Because prices change rapidly while the decision to sell or buy must be right, there is no choice but to be patient with emotional stress that can turn defeat into luck.

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March 26, 2019, 06:18:06 AM
 #188

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   

Reasons are many to fail on trade, the most important thing is when we look into crypto space people fail to recognize on targeting it to a long term rather short terms or intraday is what people expect to gain returns on! In such situations i prefer to have a type of syndicate and have a collective decisions for mutual profits!
bering
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March 26, 2019, 07:27:05 AM
 #189

Because market price situations were not in our side eventually many traders has been failed throughout 2018 and most of us cannot avoid loss because the price of major cryptocurrency were dropped and it's not easy to get profit from downtrend situations and if you consider these loss as your valuable experience maybe in the future your trading results will much better than the previous one

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March 26, 2019, 08:00:37 AM
 #190

As a personal experience, I see this:
1. Rush decision making
2. No idea what trading really is
3. Don't know how to conduct a research
4. Rely only on a untrusted sources
5. Doesn't know how to plan and organize
6. No Strategies
7. All in one investing (They focus only on a single player, and not distributing his/her investment properly)
8. Don't know how to stop
9. Don't have a record of there trades (common for beginners)

and etc.

Well there are still a lot but those above are most common mistake for new traders.
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March 26, 2019, 08:41:02 AM
 #191

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 no. 1 reason problem was lack of knowledge, even you watch video many times and read books about in trading if you're not absorbing it, I guess it will useless at all in the end. Then, you supposed to have a dedication, determination and lastly Passion in it mate.
Perhaps, with this for sure your going to succeed this time. 
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March 26, 2019, 12:39:43 PM
 #192

what I have noticed about myself is I get the right call 70% and make profit that can be anything from 1% to 100% but the other 30% kill me I cant control my losses well
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May 05, 2019, 02:13:33 PM
 #193

Because market price situations were not in our side eventually many traders has been failed throughout 2018 and most of us cannot avoid loss because the price of major cryptocurrency were dropped and it's not easy to get profit from downtrend situations and if you consider these loss as your valuable experience maybe in the future your trading results will much better than the previous one

A good trader can make money in any market, doesn't matter if its a bear or bull.  The volatility the crypto markets provide is a dream compared to most traders when its compared to the stock market.  I find it very difficult for myself to take short positions though because I know the long term potential of crypto is very high.
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May 05, 2019, 06:57:52 PM
 #194

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 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.
Indeed, if you feel like a failure then therei is something wrong with you, you are responsible for the results in your trade,
so look at yourself what causes you to lose and not be successful in trading, are you lacking knowledge, skills or patience?
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May 05, 2019, 07:39:40 PM
Last edit: May 05, 2019, 07:53:41 PM by EdenHazard
 #195

Because in trading, there are more losers than winners. Most of them are newbies that very reckless in buying their coins and only believe to a random guy that had convincing statements or rather tweets with supported technical analysis or some proof of his previous profits. And we know there are like 60%-80% of new traders do that for a few years before they really learn.
I am sure the most important factor in dealing with trading is the desire to win so that logic is ignored, prioritizing wanting to win quickly and wanting to win big.
Because prices change rapidly while the decision to sell or buy must be right, there is no choice but to be patient with emotional stress that can turn defeat into luck.
Management risk and also management psychology are the most important thing which should be owned by trader beside the theory/strategy. Sometimes I used to see the character of trader on youtube (most of them are forex trader) and they tell that the most important thing when someone get a loss in trading are they don't have management risk and management psychology well when they trade.

Because the theory you can create with yourself if you I've known the basic of trading science but if you need a suggestion about management risk and management psychology you need other people to manage it and learn from your experience. So, in your case don't judge yourself that you don't have a good strategy but you need to look another side such as your psychology itself. Learn more about it and you can feel the change if you have known it.

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pixie85
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May 05, 2019, 08:44:21 PM
 #196

Because market price situations were not in our side eventually many traders has been failed throughout 2018 and most of us cannot avoid loss because the price of major cryptocurrency were dropped and it's not easy to get profit from downtrend situations and if you consider these loss as your valuable experience maybe in the future your trading results will much better than the previous one

A good trader can make money in any market, doesn't matter if its a bear or bull.  The volatility the crypto markets provide is a dream compared to most traders when its compared to the stock market.  I find it very difficult for myself to take short positions though because I know the long term potential of crypto is very high.

If you trade the traditional way without leverage and future contracts it's much harder to make money in the bear market. You have to wait for a big dip and buy there just to sell at the bounce and wait for another dip. If you miscalculate and it keeps falling you exit fast and try to enter again lower. The volatility is good but the unpredictability is also much higher. You saw what tether FUD did to the prices for a while.
Astvile
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May 06, 2019, 03:58:24 AM
 #197

Having a negative mindset will make you lose a ton of money to be real,if you are afraid to lose money while trading then dont trade its not for you.Trading still comes with a huge risk of losing all your money if you going all in.So better to improve your mindset before going and make sure you really want to do it and you can take losses without you destroying your self

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ricardobs
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May 06, 2019, 07:36:25 AM
 #198

Most of you are fond of putting all your hopes on Bitcoin trading and you never consider other options there is. Crypto trading is not the only way you can make money. Since there market is in bear, a lot of traders are going to find it difficult in doing a short term trade. So it’s best to go for a long term trade and have patience, then you can go for other things that can be making you money till crypto market gets back to normal.

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.
Yes, there are people who don’t have any experience but they just want to trade and make money, but it doesn’t work and they are always losing money. Trading is not meant for everyone, there are other ways too. If you are still insisting you’re going to be a trader then you should take your time and learn it, instead of trying to trade when you don’t know from A to Z.
pant-79
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May 06, 2019, 06:38:37 PM
 #199

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 main reason for this is that we are all human. And most people tend to do the same. Therefore, there is such a science as psychology. Psychology explains well why most people do the same in similar situations. We are all subject to certain emotions that prevent us from becoming successful. For example, fear, greed, impatience (what you are talking about). Many emotions come from our limbic system. That is, these are basic emotions that arise when a person is in a certain situation. But in addition to the limbic system, modern people have the cerebral cortex, so we can try to control all emotions. And when a person learns self-control, it will bring him to a new level in trading. Just don't need to think like the majority. Always try to think like a whale!
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May 06, 2019, 08:35:17 PM
Last edit: May 08, 2019, 04:41:16 AM by DeathProxy
 #200

The most important tool you need to succeed in trading is the right knowledge,  right news, greed control and patience.  Once you have these tools at your disposal it will be very easy for you to maximise profit while trading crypto coin

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