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Author Topic: Many new traders are playing to lose  (Read 1893 times)
Krabby
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October 03, 2019, 12:08:37 PM
 #301

Are you playing to lose or you are playing to win? a friend of mine lose all his bitcoin to trading and when he started complaining about i decide to take a look and i detected that he traded in a gambler's way.
He has 100$ and he traded just twice with 50$ which results in quick lose,im not an trading expert but most trading platforms always warn traders to limit their trading to the highest of 10$ which would have given him more chances to continue trading

Apart from not learning how trading works he is playing to lose,i think this is what many newbies are doing as well,if you are doing the same you will always end up losing your money,if you want to bet 50$ on a trade you must have thousands  of dollars on the trading platform not trading with 100$ and be praying for a miracle.

Trading is not something you can rush,expert traders out there spend days trading for profits and if a particular day is full of loss they quit trading for that day.
It is because new trader are only putting money and they didn't considering many factors such as fundamental and technical analysis.  I observed that most of the new traders are only doing speculation and that's  why they lose money.
it's correct. They only saw the market collapse and altcoin prices kept going down. They then speculated their money on those altcoins and without any analysis


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gaston castano
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October 03, 2019, 12:19:47 PM
 #302

he is greedy and wants to make a profit, if he wants to put 50 at least he has to have a balance of 3000 I watched on video and someone said never put more than 2% of your total money, so if you lose, you can still benefit from 49 times next.
and also you are not alone in the market, many people also do the same thing with you.
or if with minimal capital, you can join with others so that the capital increases.
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October 03, 2019, 12:57:50 PM
 #303

Playing gambling or any such type of game is ultimately totally loss so never paly these types of games always try to trade in good exchanges with help of seniors as they are available in different channels like Telegram, Skype etc for guidance.

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October 03, 2019, 02:41:36 PM
 #304

Are you playing to lose or you are playing to win? a friend of mine lose all his bitcoin to trading and when he started complaining about i decide to take a look and i detected that he traded in a gambler's way.
He has 100$ and he traded just twice with 50$ which results in quick lose,im not an trading expert but most trading platforms always warn traders to limit their trading to the highest of 10$ which would have given him more chances to continue trading

Apart from not learning how trading works he is playing to lose,i think this is what many newbies are doing as well,if you are doing the same you will always end up losing your money,if you want to bet 50$ on a trade you must have thousands  of dollars on the trading platform not trading with 100$ and be praying for a miracle.

Trading is not something you can rush,expert traders out there spend days trading for profits and if a particular day is full of loss they quit trading for that day.

There are different type of new traders, some newbie trade even without an idea and knowledge because He/She is thinking to earn quick in short they are depending their luck fortune, Then some newbies doing trade because they knew the consequences of of trading, therefore they knew that winning and losing are the only can be happen to them. So your, friend probably became optimistic by it, because of his behavior. Though, I agreed with you that trading is not something you can rush, that's true!
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October 03, 2019, 03:53:39 PM
 #305

Totally I have no any good knowledge about trading but recently i take decision i want learning more about it. Now daily i watching YouTube video and more articles, in fact when i got some skills then i will inter trading.

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October 03, 2019, 03:59:05 PM
 #306

Are you playing to lose or you are playing to win? a friend of mine lose all his bitcoin to trading and when he started complaining about i decide to take a look and i detected that he traded in a gambler's way.
He has 100$ and he traded just twice with 50$ which results in quick lose,im not an trading expert but most trading platforms always warn traders to limit their trading to the highest of 10$ which would have given him more chances to continue trading

Apart from not learning how trading works he is playing to lose,i think this is what many newbies are doing as well,if you are doing the same you will always end up losing your money,if you want to bet 50$ on a trade you must have thousands  of dollars on the trading platform not trading with 100$ and be praying for a miracle.

Trading is not something you can rush,expert traders out there spend days trading for profits and if a particular day is full of loss they quit trading for that day.

Really curious what trading platforms warn traders to limit their trading to $10. The risk you take on a trade should be taken in accordance with your account size. A rule of thumb for professional traders is to never risk more than 2% of their account on a trade. Anything over that will probably trigger your emotions and affect your next trades. So actually the rule would be to only risk what you can easily afford to lose. Don't be a greedy, but be mindful and think with probabilities in mind.
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October 03, 2019, 03:59:56 PM
Last edit: October 03, 2019, 05:27:47 PM by Masyudhi
 #307

Are you playing to lose or you are playing to win? a friend of mine lose all his bitcoin to trading and when he started complaining about i decide to take a look and i detected that he traded in a gambler's way.
He has 100$ and he traded just twice with 50$ which results in quick lose,im not an trading expert but most trading platforms always warn traders to limit their trading to the highest of 10$ which would have given him more chances to continue trading

Apart from not learning how trading works he is playing to lose,i think this is what many newbies are doing as well,if you are doing the same you will always end up losing your money,if you want to bet 50$ on a trade you must have thousands  of dollars on the trading platform not trading with 100$ and be praying for a miracle.

Trading is not something you can rush,expert traders out there spend days trading for profits and if a particular day is full of loss they quit trading for that day.
We know many people who want to get profits quickly and many people who start trading without knowing more about how to become a trader and they only have the courage without thinking about everything first and when they start getting new failures they start to complain and ask for advice by other people. In my opinion this is a bad thing for someone who starts without learning and knowing more about something they will do, so don't forget to ask others for advice when we want to do something for the first time for us.

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October 03, 2019, 04:10:34 PM
 #308

Totally I have no any good knowledge about trading but recently i take decision i want learning more about it. Now daily I'm watching YouTube video and more articles, in fact when I got some skills then I will inter trading.
It's a must things to do before you jumping inside this business, there's a lot of cases where traders who join this business without any knowledge loses their investment and disappoint themselves leaving the market with a lot of regrets inside them. If you can invest your money then better also to invest your time before making any participation inside the market. The more knowledge you have, the more better you will execute your trading activities.
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October 03, 2019, 04:21:26 PM
 #309

Totally I have no any good knowledge about trading but recently i take decision i want learning more about it. Now daily i watching YouTube video and more articles, in fact when i got some skills then i will inter trading.
Be prepared for the fact that in order for you to learn how to trade well and really make money on it you just need to cross a very difficult way. this is not just a video from youtube

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October 03, 2019, 06:35:47 PM
 #310

Totally I have no any good knowledge about trading but recently i take decision i want learning more about it. Now daily i watching YouTube video and more articles, in fact when i got some skills then i will inter trading.
Be prepared for the fact that in order for you to learn how to trade well and really make money on it you just need to cross a very difficult way. this is not just a video from youtube
Yes, textbooks are needed, video for the general worldview will not hurt, but trade, as a rule, rises and falls, not everyone will find themselves in trade
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October 03, 2019, 07:03:42 PM
 #311

its not only in cryptocurrency, traders are hard work, but I know a lot of people who earn by trading good money in cryptocurrency, also in youtube and websites a lot of information about it! But from my experience I lose a lot of money in cryptocurrency
if market will recover everyone will be a good trader!
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October 04, 2019, 10:22:32 PM
 #312

Not intentionally, but some traders are really setting themselves on a part that will only but cause them to lose. Some are not even totally aware of the market system and are just into trading without proper indepth knowledge to trade. The market is quite unpredictable, but when you know your way through, you will be able to maneuver it to your own advantage.

Many traders behave like in a casino. Now they bet on growth, tomorrow on the fall and they all do it for good luck. However, even in the casino you can not carry all the time. So they end up losing their money. To make money on the trade you need the right strategy, and only those who have the right strategy in the trade can earn constantly.
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