I am not lucky in trading - what am I doing wrong?

[kanayaTabitha]

Obviously trading is really hard to predict and you really have knowledge in order to know when to make a position on trading and whrn to execute it and not just to rely on people's chart because they maybe just making a hype.

And you will not gain any luck in trading if you don't know trade properly and that's why you need to know on ehat you are doing.

To become a pro traders a person need to have a trading sense which could know where the price going, and to acquire a trading sense the only way is from trading itself, the more we trade, the more we lost on trades, the more our trading sense will improve and we'll know the market's nature that we can control when we already good at it.

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[wxa7115]

Obviously trading is really hard to predict and you really have knowledge in order to know when to make a position on trading and whrn to execute it and not just to rely on people's chart because they maybe just making a hype.

And you will not gain any luck in trading if you don't know trade properly and that's why you need to know on ehat you are doing.

It's not really about luck in the first place. You'll keep on making mistakes. Sometimes to the point that you're not sure anymore if it's for you or not. The key here is to learn from your mistakes even if there's a lot of them. I'm pretty sure that's how experienced and efficient traders became who they are.

Most of us are not doing well during our first tries in trading but just keep on learning and keep on gathering experiences.

Another huge problem are the false expectations that people have out of trading, many people believe that it is extremely easy to make profits in the markets, they think that you can just buy a coin and then sell it for a higher price and you will get to enjoy an easy life out of your profits, people need to understand that trading is hard, really hard, and like any activity that is so difficult you are going to make mistakes and you are going to lose money.

But if you are able to overcome that stage on your growth as a trader then you could become profitable but it is not going to be a fast process, you are most likely not going to get the profits that you want, and unfortunately many traders never overcome that stage.

[carlfebz2]

Obviously trading is really hard to predict and you really have knowledge in order to know when to make a position on trading and whrn to execute it and not just to rely on people's chart because they maybe just making a hype.

And you will not gain any luck in trading if you don't know trade properly and that's why you need to know on ehat you are doing.

It's not really about luck in the first place. You'll keep on making mistakes. Sometimes to the point that you're not sure anymore if it's for you or not. The key here is to learn from your mistakes even if there's a lot of them. I'm pretty sure that's how experienced and efficient traders became who they are.

Most of us are not doing well during our first tries in trading but just keep on learning and keep on gathering experiences.

Another huge problem are the false expectations that people have out of trading, many people believe that it is extremely easy to make profits in the markets, they think that you can just buy a coin and then sell it for a higher price and you will get to enjoy an easy life out of your profits, people need to understand that trading is hard, really hard, and like any activity that is so difficult you are going to make mistakes and you are going to lose money.

But if you are able to overcome that stage on your growth as a trader then you could become profitable but it is not going to be a fast process, you are most likely not going to get the profits that you want, and unfortunately many traders never overcome that stage.

Common mistake on most people specially when we do  starting up where we do have those kind of mindset or beliefs that buying low and selling high is just easy as it sounds
but when you are already in the middle of the trade then this beliefs would really vanish out and you would realize that it isnt really an easy task.Earning even a small percentage
is possible but it would take some analysis for you to take because trading doesnt rely on luck but rather mostly on analysis.

[bohr]

Hello all,

need advise, if any exist
I am trading btc few years - but it seems I havent learnt anything. My plan was to use bitcoin volatility to earn some extra btc, but it seems I am not able to do this.
I am selling/buying always in wrong time. Using volume as only indicator, as others do not make sense for me.

For example I see a series of red candles with increased selling volume, price crossing support line (like today crossing 7040, 7000, 6900 USD) so I sold 0.8btc in expectation price fall to 6500 usd as few days ago.
But 1.5 hour later price changed and went up and my prediction was again wrong. And the same is during increase of price. If the price hits e.g. 10300 usd and starts falling I do not sell, because I am not sure when it will turn again. And then I usually miss fall in price from 10300 to 7300 which is finally 3000 usd, what you can earn on 1 sold btc at correct time.

Am I doing something completly wrong? Or it is not possible to predict the movement of btc?


thanks
P.

You do not need us to tell you are doing something wrong, the market is giving you a very clear answer to that question, if you have been in this market for years and you have been trading for that long and you still not have gotten any good results then it is obvious you need to change what you are doing, my first recommendation is that you paper trade your strategy against the previous movements of bitcoin, if you can obtain profits then there is something wrong with the management of your emotions but if you cannot then it is time to change your strategy.

[FLoving]

Obviously trading is really hard to predict and you really have knowledge in order to know when to make a position on trading and whrn to execute it and not just to rely on people's chart because they maybe just making a hype.

And you will not gain any luck in trading if you don't know trade properly and that's why you need to know on ehat you are doing.

To become a pro traders a person need to have a trading sense which could know where the price going, and to acquire a trading sense the only way is from trading itself, the more we trade, the more we lost on trades, the more our trading sense will improve and we'll know the market's nature that we can control when we already good at it.

If the more we lose in trade then it is also possible that the more we disappoint from trade and leave this field. Better option is that from the start we take the guidance from the expert traders and do not jump in this field without the guidance of any trader who is a profiting trader. If we will take this type of start then we will save our money to not lose and we will also start earning from the start of our trading history.

[Wipeout2097]

You are lucky,Just need to review your knowledge,faith and decision power.I share some points hopefully will be helpful fr your future trading career.
The market is not behave according your consent it mean you are wrong,because market is right.First of all understand that what are you choosing know its history in charts and indicators.

Manage your money properly,selection of coins should be qualitative and do not hold the trades for greed.Try to choose coins moving in green there are more winning chances.

[Yamifoud]

You are lucky,Just need to review your knowledge,faith and decision power.I share some points hopefully will be helpful fr your future trading career.
The market is not behave according your consent it mean you are wrong,because market is right.First of all understand that what are you choosing know its history in charts and indicators.

Manage your money properly,selection of coins should be qualitative and do not hold the trades for greed.Try to choose coins moving in green there are more winning chances.

That is we called it market adoption. The market doesn't behave as what you and for the fact that it is has a different direction, we are the one to adjust, not the market itself. If we can't make this thing, it pretty sure we go nowhere and ain't living in peace for sure.

Having in trading isn't just having a piece of luck but it is a piece of work/strategy in order to succeed. Nothing could help us with this but just ourselves. If we have trust and knows about trading, we can finally get our goals. Nothing possible if we work hard and keep searching to gather more ideas for our trading strategies may improve.

[bohr]

Obviously trading is really hard to predict and you really have knowledge in order to know when to make a position on trading and whrn to execute it and not just to rely on people's chart because they maybe just making a hype.

And you will not gain any luck in trading if you don't know trade properly and that's why you need to know on ehat you are doing.

To become a pro traders a person need to have a trading sense which could know where the price going, and to acquire a trading sense the only way is from trading itself, the more we trade, the more we lost on trades, the more our trading sense will improve and we'll know the market's nature that we can control when we already good at it.

If the more we lose in trade then it is also possible that the more we disappoint from trade and leave this field. Better option is that from the start we take the guidance from the expert traders and do not jump in this field without the guidance of any trader who is a profiting trader. If we will take this type of start then we will save our money to not lose and we will also start earning from the start of our trading history.

You are talking as if that is an easy thing to get, I would have loved to have someone besides me to teach me how to trade but no one is going to share his secrets with you, you have to learn on your own how to trade the markets and if you are unable to do it then it is better for you to forget about this market because you will eventually lose your money due to a mistake or by panicking if the price begins to crash again, it is not an easy decision but when someone has been unable to get profits for so long it becomes imperative to admit that maybe you are not prepared to be a trader.

[alan2here]

Obviously trading is really hard to predict and you really have knowledge in order to know when to make a position on trading and whrn to execute it and not just to rely on people's chart because they maybe just making a hype.

And you will not gain any luck in trading if you don't know trade properly and that's why you need to know on ehat you are doing.

To become a pro traders a person need to have a trading sense which could know where the price going, and to acquire a trading sense the only way is from trading itself, the more we trade, the more we lost on trades, the more our trading sense will improve and we'll know the market's nature that we can control when we already good at it.

If the more we lose in trade then it is also possible that the more we disappoint from trade and leave this field. Better option is that from the start we take the guidance from the expert traders and do not jump in this field without the guidance of any trader who is a profiting trader. If we will take this type of start then we will save our money to not lose and we will also start earning from the start of our trading history.

No one can become a professional trader without overcoming these difficulties and actually making money is not always easy because this market is difficult to predict. I think instead of being frustrated, you should add new knowledge and need to try more because if you want to succeed, you need to overcome this first.

I have also experienced the feeling of failure when trading but after each failure, I have many more useful lessons and until now, I have been able to decide for myself all the issues in this market.

[LUCKMCFLY]

Obviously trading is really hard to predict and you really have knowledge in order to know when to make a position on trading and whrn to execute it and not just to rely on people's chart because they maybe just making a hype.

And you will not gain any luck in trading if you don't know trade properly and that's why you need to know on ehat you are doing.

To become a pro traders a person need to have a trading sense which could know where the price going, and to acquire a trading sense the only way is from trading itself, the more we trade, the more we lost on trades, the more our trading sense will improve and we'll know the market's nature that we can control when we already good at it.

If the more we lose in trade then it is also possible that the more we disappoint from trade and leave this field. Better option is that from the start we take the guidance from the expert traders and do not jump in this field without the guidance of any trader who is a profiting trader. If we will take this type of start then we will save our money to not lose and we will also start earning from the start of our trading history.

No one can become a professional trader without overcoming these difficulties and actually making money is not always easy because this market is difficult to predict. I think instead of being frustrated, you should add new knowledge and need to try more because if you want to succeed, you need to overcome this first.

I have also experienced the feeling of failure when trading but after each failure, I have many more useful lessons and until now, I have been able to decide for myself all the issues in this market.

I think that the more operations are left to luck, the less one learns and as the failures progress, they will be more followed. When you lose in trading, what matters most is knowing why, and if you win too, that is where the person understands the market more, and when you understand the market more, your chances of success will increase, there is the secret.

The problem is if you lose or win and do not know the reason, because you would simply be gambling and that is worrying in trading.

[Kupid002]

Obviously trading is really hard to predict and you really have knowledge in order to know when to make a position on trading and whrn to execute it and not just to rely on people's chart because they maybe just making a hype.

And you will not gain any luck in trading if you don't know trade properly and that's why you need to know on ehat you are doing.

To become a pro traders a person need to have a trading sense which could know where the price going, and to acquire a trading sense the only way is from trading itself, the more we trade, the more we lost on trades, the more our trading sense will improve and we'll know the market's nature that we can control when we already good at it.

If the more we lose in trade then it is also possible that the more we disappoint from trade and leave this field. Better option is that from the start we take the guidance from the expert traders and do not jump in this field without the guidance of any trader who is a profiting trader. If we will take this type of start then we will save our money to not lose and we will also start earning from the start of our trading history.

No one can become a professional trader without overcoming these difficulties and actually making money is not always easy because this market is difficult to predict. I think instead of being frustrated, you should add new knowledge and need to try more because if you want to succeed, you need to overcome this first.

I have also experienced the feeling of failure when trading but after each failure, I have many more useful lessons and until now, I have been able to decide for myself all the issues in this market.

For every failure you will learn and that learning and experience can be a big  use in trading crypto currency , even professional can also experience lost but they are not saying it to others and picking up all the important things they need to know and add it to thier experience.

[Savemore]

Obviously trading is really hard to predict and you really have knowledge in order to know when to make a position on trading and whrn to execute it and not just to rely on people's chart because they maybe just making a hype.

And you will not gain any luck in trading if you don't know trade properly and that's why you need to know on ehat you are doing.

To become a pro traders a person need to have a trading sense which could know where the price going, and to acquire a trading sense the only way is from trading itself, the more we trade, the more we lost on trades, the more our trading sense will improve and we'll know the market's nature that we can control when we already good at it.

If the more we lose in trade then it is also possible that the more we disappoint from trade and leave this field. Better option is that from the start we take the guidance from the expert traders and do not jump in this field without the guidance of any trader who is a profiting trader. If we will take this type of start then we will save our money to not lose and we will also start earning from the start of our trading history.

No one can become a professional trader without overcoming these difficulties and actually making money is not always easy because this market is difficult to predict. I think instead of being frustrated, you should add new knowledge and need to try more because if you want to succeed, you need to overcome this first.

I have also experienced the feeling of failure when trading but after each failure, I have many more useful lessons and until now, I have been able to decide for myself all the issues in this market.

For every failure you will learn and that learning and experience can be a big  use in trading crypto currency , even professional can also experience lost but they are not saying it to others and picking up all the important things they need to know and add it to thier experience.

We should treat our mistakes as a lesson, failure in trading is sometimes good for us because it helps us to become a skillful trader. We can avoid the future losses if we will use the knowledge that we get from our past failures. Luck is created in the trading world, we can become lucky if we will focus on improving the skills that what we have today.

[ekans45]

You are lucky,Just need to review your knowledge,faith and decision power.I share some points hopefully will be helpful fr your future trading career.
The market is not behave according your consent it mean you are wrong,because market is right.First of all understand that what are you choosing know its history in charts and indicators.

Manage your money properly,selection of coins should be qualitative and do not hold the trades for greed.Try to choose coins moving in green there are more winning chances.

Just to clarify, knowing a coin's history you wanted to trade with doesn't always matter since it'll be your just basis regarding on its playes' behavior. Thus, you are just looking for a pattern here which doesn't always definitely work because whales on the particular coin behaves upredictably; forcing you to use indicators and charts more dynamically.

[Faxmate]

Obviously trading is really hard to predict and you really have knowledge in order to know when to make a position on trading and whrn to execute it and not just to rely on people's chart because they maybe just making a hype.

And you will not gain any luck in trading if you don't know trade properly and that's why you need to know on ehat you are doing.

To become a pro traders a person need to have a trading sense which could know where the price going, and to acquire a trading sense the only way is from trading itself, the more we trade, the more we lost on trades, the more our trading sense will improve and we'll know the market's nature that we can control when we already good at it.

If the more we lose in trade then it is also possible that the more we disappoint from trade and leave this field. Better option is that from the start we take the guidance from the expert traders and do not jump in this field without the guidance of any trader who is a profiting trader. If we will take this type of start then we will save our money to not lose and we will also start earning from the start of our trading history.

No one can become a professional trader without overcoming these difficulties and actually making money is not always easy because this market is difficult to predict. I think instead of being frustrated, you should add new knowledge and need to try more because if you want to succeed, you need to overcome this first.

I have also experienced the feeling of failure when trading but after each failure, I have many more useful lessons and until now, I have been able to decide for myself all the issues in this market.

For every failure you will learn and that learning and experience can be a big  use in trading crypto currency , even professional can also experience lost but they are not saying it to others and picking up all the important things they need to know and add it to thier experience.

yes you are right that failure is a means of learning but too much failure every time could be the cause of great loss of money, so better to improve yourself and do not make too much mistakes, and i am sure that experts must be the keen observer of their mistakes that is why they are called experts.
Here reading about the OP i came to know that he do not set a target for buy and sell, the benefit of target is that atleast you will not regret if the market move opposite because you would have get your profit.

[sisule]

Left anything connected whit investment although whit ICO and IEO project and your lucky maybe whit participated on bounty campaign and airdrop project, how every many people have their lucky whit earning altcoin and bitcoin by using free way and not stop by any one else you can get much profit more higher than trader or investor in altcoin or bitcoin.

[theghostm1]

Every trader should know that it is not always possible to anticipate what will happen with the movement of the market and the loss must be accepted.
 And with time you will gain enough experience not to make such mistakes
 One last tip, my friend: Follow a correct financial plan ... and good luck

[nickenburg]

Trading is really hard, especially in a bearmarket, where the price mostly only goes down.
Just before the Bubble to 20000$ per Bitcoin in 2017 u could just buy any Ico and you would profit because of the price.

I think it's still possible to buy low and sell high, but the temptations are there as well lets say you have a few 1000$ and something in real life happens where you need money, or want to buy something.
And you know you have Crypto it is hard sometimes to not sell your crypto and buy something you want.

I made that mistake myself, sold most of my crypto before 2017 and lost a lot opportunity's later on when the price went to $20000.

Experience is a big thing as well if you watch what the price does everyday and also research how trading and graphs work, you maybe start to understand what is happening more.
For example you said you only watch the volume as a buy or sell indicator because that is what you understand, but those are not the only things that are important.
So I would say definitely do more research before trading. 

[Lanatsa]

Trading is really hard, especially in a bearmarket, where the price mostly only goes down.
Just before the Bubble to 20000$ per Bitcoin in 2017 u could just buy any Ico and you would profit because of the price.

I think it's still possible to buy low and sell high, but the temptations are there as well lets say you have a few 1000$ and something in real life happens where you need money, or want to buy something.
And you know you have Crypto it is hard sometimes to not sell your crypto and buy something you want.

I made that mistake myself, sold most of my crypto before 2017 and lost a lot opportunity's later on when the price went to $20000.

Experience is a big thing as well if you watch what the price does everyday and also research how trading and graphs work, you maybe start to understand what is happening more.
For example you said you only watch the volume as a buy or sell indicator because that is what you understand, but those are not the only things that are important.
So I would say definitely do more research before trading. 

Trading does have 2 things which is long term and short term ones and people or traders do have their own way of trading or targets on how they would deal against the market.

Of course it do involved buy and sell and if you do prefer on holding for long and doesnt consider on dealing with it on shorter time but somehow if we do talk about profit possibility then its less compared to active ones but it is way more risky.So its your choice which one would suit you.

Luck is one of the factors but most of the time when it comes to trading it does matter with skills and knowledge.

[bohr]

Just to clarify, knowing a coin's history you wanted to trade with doesn't always matter since it'll be your just basis regarding on its playes' behavior. Thus, you are just looking for a pattern here which doesn't always definitely work because whales on the particular coin behaves upredictably; forcing you to use indicators and charts more dynamically.

One of the most common mistakes that I see in the market is using the past to try to predict the future, many begin to see patterns in the way the price moves and if you try your theory a few times it may seem as if your theory makes sense but many never really try their theory for long enough to see all of those times in which their theory is wrong and then when they begin to trade the markets they realize that they had no chance of making money with that strategy but by then it is too late.

[MWesterweele]

One of the most common mistakes that I see in the market is using the past to try to predict the future, many begin to see patterns in the way the price moves and if you try your theory a few times it may seem as if your theory makes sense but many never really try their theory for long enough to see all of those times in which their theory is wrong and then when they begin to trade the markets they realize that they had no chance of making money with that strategy but by then it is too late.

Do not dwell in the past, what happen in that time remains in that time. We need to move forward so that we dont have any problem. Yes sometimes you need luck in order for us to win, but sometimes it is our own abilities that makes us win or bring the bacon to us. Everyone has their own perfect timing, OP needs to learn from his mistakes.