Keep proper distance but not losing passion

[LUCKMCFLY]

I get all your point and it actually made a lot of sense, but every trader have a different story to tell, everyone did not learn it in same way, like in my case, trading has always been a thing of fun especially when I was still learning, I know I lost a lot of funds but I saw it as an opportunity to even learn more and get better, it helped me not to repeat same mistake twice and made me get better.

the different way of trading method that I did, I did not dare to enter the trade without a guide because we have not yet understood the price movements and the way we trade without experiencing huge losses. to anticipate things we don't want, the presence of a teacher helps us a lot. so learning becomes safer.

To understand the market, what I did was read books ... to have my own criteria about trading, it is better to read books by famous speculators, before someone tries to teach you things that do not have to do to understand the market, however , I do not anticipate, I simply react to the market to open my trading position.

[posi]

I get all your point and it actually made a lot of sense, but every trader have a different story to tell, everyone did not learn it in same way, like in my case, trading has always been a thing of fun especially when I was still learning, I know I lost a lot of funds but I saw it as an opportunity to even learn more and get better, it helped me not to repeat same mistake twice and made me get better.

the different way of trading method that I did, I did not dare to enter the trade without a guide because we have not yet understood the price movements and the way we trade without experiencing huge losses. to anticipate things we don't want, the presence of a teacher helps us a lot. so learning becomes safer.

To understand the market, what I did was read books ... to have my own criteria about trading, it is better to read books by famous speculators, before someone tries to teach you things that do not have to do to understand the market, however , I do not anticipate, I simply react to the market to open my trading position.

Yes, reading books give more knowledge but if you ask me I will tell you that reading books and guides are not applicable for this current market success trading.
Like mapanlah said ,we are yet to understand the market movement but I can assure you that if you watch the market closely you'll understand the market movement.
1) most traders and investors are keeping their distance.
2) when some good tiding news happen (like hard fork, private company implement crypto payment etc occur) the market will experience some bullish.
3) To make a success trade apply the FA/TA analysis with genuine news which will drive the crypto market price then you make a profitable trade.

[Indrawan77]

I think we need to be persuasive and passion about trading then we can achieve success, I don't see why we need to keep the distance, the closer we learn the better we understand the product, and there are few ways to determine the product potential and sometimes it can clash our judgment, that is when we take a step back and learn more before we decide, but I agree that each traders got their own experience and strategy

[suzanne5223]

You should always learn from your mistakes. Instead, we cannot get anything by saying that I know so much that I do not look at anything or do not know anything at all. Just, you should find the most appropriate way for yourself and continue from here.

There are so many factors that need to be known and no one is perfect when it comes to knowledge about certain things. Even the best investors keep on reading the latest and the history to know more about how things work in different situation. So, I think if you keep on learning about something, you would be good at it and it will help in future to maximize the money.

yes you are right first of all we need to trust our confidence about what we are doing then only the next process will be simple and useful for you otherwise there was to that who appeared in this field not take any profit from this situation and it will be very important situation to handle for everyone more properly.

Having confidence in what ones do pave way for a reasonable thinking and decision at the right time. Unfortunately, having confidence is not enough to provide a crypto trader profit because the inclusion of knowledge, research of new update and genuinely information about the market are needy to make it complete.

[Kevin77]

I think having over confidence about trading gets a lot of people, I had a friend who made a lot of money during the bear run of 2018 and believed he was some sort of magical trader that can make money any time in any market, dude lost all he profited and than some with couple bad trades after a while.

Do not forget that trading is something you constantly learn, even after years of denying to invest into something he doesn't understand Warren Buffet decided to invest into Apple and got some stocks which fell in value and gave him a loss. Basically, all I am saying it doesn't matter how much you learn and how much experience you have, there is always more to learn and more to experience in order to be better, every single day you become a better trader than previous day.

[TheUltraElite]

Having confidence in what ones do pave way for a reasonable thinking and decision at the right time. Unfortunately, having confidence is not enough to provide a crypto trader profit because the inclusion of knowledge, research of new update and genuinely information about the market are needy to make it complete.

Overconfidence is also a bad thing. It all boils down to speculation and analysis of history of trades. Those who bought at a price are going to sell at one time. So you wont have to lose interest - you know its going to pump and then dump. Problem is that there are so many stuff to look into that its often a herculean task to do all that and make money in doing so.

One thing that you can be confident about is the bullish nature of bitcoin and its future. Buy it and stock up to sell during pumps.

[CoinChili]

Good thing you shared your experiences in trading. If we learn more about it, it boost our confidence. Though trading is not always fun. There are also times that you have to be serious about it to win and gain your desired outcome.
You are lucky you have friends who are able to advice and teach you whenever their is a vague situation in trading.

[Reid]

A conclusion that I get from years of trading-----

3. After a little bit of sweetness, I want to learn more (in fact, I want to learn more short-term operation knowledge), to see if I can "frequently operate" so that I can make more money (this is greed, then I began to lose the realm of "unintentionality" and entered the world of deliberate creation. This heart is a delusional heart, no longer pure.)

Ahhhh. So me. I was hit by this one while reading it.

4. When I realized that I was going in the wrong direction, I made up my mind to jump out of small places, small details, small short lines, and small patterns. I wanted to find my original heart back, which was pure and kind.

I dont think you will be able to get it back. It is already tainted. The mark will be left there even if you are trying your best to be back to the original one.

7. The opportunity is coming... "The god of opportunity will come knock my door" - if you are ready, you will hear the ringtone. You don't need to listen every night, every minute, every second. When the opportunity comes, you will know and naturally act.

Thanks for the good story. Had a good time reading them all. Just quoted the special ones.
Merits for the effort of writing and sharing it.
Good luck to you.

[gantez]

Reading through your writing, some aspect got me laughing while others made me laugh because of my own experience but I will just say that trading is fun but not always when your account is about to be blown off 

[bitgolden]

I get all your point and it actually made a lot of sense, but every trader have a different story to tell, everyone did not learn it in same way, like in my case, trading has always been a thing of fun especially when I was still learning, I know I lost a lot of funds but I saw it as an opportunity to even learn more and get better, it helped me not to repeat same mistake twice and made me get better.

the different way of trading method that I did, I did not dare to enter the trade without a guide because we have not yet understood the price movements and the way we trade without experiencing huge losses. to anticipate things we don't want, the presence of a teacher helps us a lot. so learning becomes safer.

To understand the market, what I did was read books ... to have my own criteria about trading, it is better to read books by famous speculators, before someone tries to teach you things that do not have to do to understand the market, however , I do not anticipate, I simply react to the market to open my trading position.

That is the point, everyone all have their own way of learning and assimilating and we can’t all follow one direction and that is the sweetness of trading, one must loose for one to win. I don’t read any how books or read any how book because it is not everyone trying to transfer knowledge based on their own opinion or perception are all right.

I strictly scrutinize any analyst I pick interest in before following or any book on trading before reading, I look at their trading history first, their success and how they have been able to influence the market. I used whatever method I grabbed from them with my own personal technical analysis to open my own trade.

[maxreish]

All of your these are informative and helpful to some traders like me. Struggles are somtimes going along the way when we are tend too confident in our trading. Learning it by experience is a lot better than reading some advices that are lame. That is why  I envy you.

[stomachgrowls]

I get all your point and it actually made a lot of sense, but every trader have a different story to tell, everyone did not learn it in same way, like in my case, trading has always been a thing of fun especially when I was still learning, I know I lost a lot of funds but I saw it as an opportunity to even learn more and get better, it helped me not to repeat same mistake twice and made me get better.

the different way of trading method that I did, I did not dare to enter the trade without a guide because we have not yet understood the price movements and the way we trade without experiencing huge losses. to anticipate things we don't want, the presence of a teacher helps us a lot. so learning becomes safer.

To understand the market, what I did was read books ... to have my own criteria about trading, it is better to read books by famous speculators, before someone tries to teach you things that do not have to do to understand the market, however , I do not anticipate, I simply react to the market to open my trading position.

That is the point, everyone all have their own way of learning and assimilating and we can’t all follow one direction and that is the sweetness of trading, one must loose for one to win. I don’t read any how books or read any how book because it is not everyone trying to transfer knowledge based on their own opinion or perception are all right.

I strictly scrutinize any analyst I pick interest in before following or any book on trading before reading, I look at their trading history first, their success and how they have been able to influence the market. I used whatever method I grabbed from them with my own personal technical analysis to open my own trade.

Forcing yourself to be like one of the person on where you do read up a certain book would only stress you out.Not all traders or people would be really the same since we do have different
systems on how we do apply our knowledge that we learn from the past years here on this trading field.
Following others path isnt bad but dont rely too much and get a portion of the tools they are using and apply it on your own.Just a matter of trial and error until you do able to
get the right profitable trades for you.

[izanagi narukami]

Personally I prefer simple way to do something especially for risky one.
Since I won't to be complicated things, I just let it be so it can grown but itself.
Remember that Warren B is the long term investor because he believed that those investment that have been choose will change his life  !

[GregH37]

reading books give more knowledge but if you ask me I will tell you that reading books and guides are not applicable for this current market success trading.
Like mapanlah said ,we are yet to understand the market movement but I can assure you that if you watch the market closely you'll understand the market movement.
1) most traders and investors are keeping their distance.
2) when some good tiding news happen (like hard fork, private company implement crypto payment etc occur) the market will experience some bullish.
3) To make a success trade apply the FA/TA analysis with genuine news which will drive the crypto market price then you make a profitable trade.

Reading books, article, listening to new, watching trading clips from expert and so on has whole lots of role to play to be successful in this current market sir.

New things, new strategies that you can apply to your trading keeps popping up day by day and if you don’t keep yourself abreast of information by reading, listening or watching articles, you end up not gaining much in the market and you find it too difficult to cope.  I get all your 3 points but the whole thing still amount to reading and studying.

[panganib999]

Trading is all about self-discipline and focus.Ge trid of bad habits,don't eat junk food,sleep 8 hours every nights.This will help you "clean" your mind and stay optimised and concentrated 100%.It will help you gain willpower and motivation.Never get addcited into crypto trading.Just think of it as it is your 9/5 job that you actually enjoy working.

But crypto trading is like gamling so we are going to get addicted more for it as long as we are motivated on it,and we can't consider it as our 9 to 5 job because in job we are not going to face any risk if we are doing work or not it is not going to give any direct results because we are working for someone but crypto trading is like business so if we face any loss our mind will work hard to make profits for the losses that is how it keeps continuing.

On my own opinion, yes, trading is technically a gambling because you have the money and will and chances of winning and losing literally a gambling process. Somehow it is business, same rythm as gambling there is a chance of winning and losing but with deep knowledge to the market you can make huge difference.

[TheUltraElite]

All of your these are informative and helpful to some traders like me. Struggles are somtimes going along the way when we are tend too confident in our trading. Learning it by experience is a lot better than reading some advices that are lame. That is why  I envy you.

There is nothing to envy those who are good in something. They have had their bad days too when they started from scratch and then rose to a profitable trader. Its all a part of the learning cycle and it is obviously going to be profitable to those who know about how to handle their money and then put that in the proper coins. You should also try trading some top altcoins and see what happens. However I would suggest trading bitcoin more than altcoins because they would bleed out soon and then never come back up but bitcoin will always do so.

Dont waste your time watching someone make money. Use that time to sharpen your own skills and trying your hand at it.

[kkaroul4]

All of your these are informative and helpful to some traders like me. Struggles are somtimes going along the way when we are tend too confident in our trading. Learning it by experience is a lot better than reading some advices that are lame. That is why  I envy you.

right and with this information we all can trust our trade because this information is very useful for me because it is good for future trading

[mersal]

I get all your point and it actually made a lot of sense, but every trader have a different story to tell, everyone did not learn it in same way, like in my case, trading has always been a thing of fun especially when I was still learning, I know I lost a lot of funds but I saw it as an opportunity to even learn more and get better, it helped me not to repeat same mistake twice and made me get better.

the different way of trading method that I did, I did not dare to enter the trade without a guide because we have not yet understood the price movements and the way we trade without experiencing huge losses. to anticipate things we don't want, the presence of a teacher helps us a lot. so learning becomes safer.

To understand the market, what I did was read books ... to have my own criteria about trading, it is better to read books by famous speculators, before someone tries to teach you things that do not have to do to understand the market, however , I do not anticipate, I simply react to the market to open my trading position.

yes understanding the market situation is always been an important and needed things to be a good trade and here because there are lots of we are available to make your knowledge about cryptocurrency field and trading also so I also been learning something to do before making any decision.

[Best Dreams]

All of your these are informative and helpful to some traders like me. Struggles are somtimes going along the way when we are tend too confident in our trading. Learning it by experience is a lot better than reading some advices that are lame. That is why  I envy you.

Learning is tool which help us get so many things that we never even imagined in our life, when we struggle to get something, it is impossible to be unsuccessful getting it, so you really has given us a precious advice that a trader should never stop learning about trading skills as it is only way to overcome all fears of lose and to get maximum profit, in trading knowledge works as weapon.

[TheUltraElite]

yes understanding the market situation is always been an important and needed things to be a good trade and here because there are lots of we are available to make your knowledge about cryptocurrency field and trading also so I also been learning something to do before making any decision.

Understanding the market movement is more important. The situation may be dire but you can understand the trend - then it will be useful to turn the tide of war into your advantage. Like when a bear market is going on you should not panic rather take out a loan in dollars and use that to buy coins and dump when the prices start rising again. Whales do that to manipulate the market when long bear markets are ongoing and they take advantage of it dumping on those who think that a bullrun is not coming up.

This is the best way to learn crypto markets - by trading yourself. If you lose some money in the process consider that as teaching fees.