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Author Topic: I am not lucky in trading - what am I doing wrong?  (Read 2123 times)
Janation
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January 18, 2020, 11:21:17 AM
 #221

So far I just choose my bid for trading to get the best price. But there are really times that we cannot predict the price downfall. Maybe its just a matter of timing. And as much as you can you must not trade all your funds to have spare whatever happens.

That is a rule that no one doesn't need to say, it is an unspoken rule.

I know that there are a lot of people trying to bet and want to get the maximum profit they can get but pushing all of your money into your investment especially if it is a cryptocurrency, that would be so risky. Better trade with a small amount first so you can ensure that you can't lose that much and can invest a lot of times.
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January 23, 2020, 06:20:11 PM
 #222

So far I just choose my bid for trading to get the best price. But there are really times that we cannot predict the price downfall. Maybe its just a matter of timing. And as much as you can you must not trade all your funds to have spare whatever happens.

That is a rule that no one doesn't need to say, it is an unspoken rule.

I know that there are a lot of people trying to bet and want to get the maximum profit they can get but pushing all of your money into your investment especially if it is a cryptocurrency, that would be so risky. Better trade with a small amount first so you can ensure that you can't lose that much and can invest a lot of times.
The greed of people gets in the way, they know that they should trade with a small amount of money first but when they think of the profits they could make they decide to use all their money even if they have never really tested their strategy on the markets and they are not sure if they can obtain profits with it, their greed is so strong that it pushes them to trade even when they know they should not and it is one of the most important reasons why people keep losing their money in the markets.
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January 23, 2020, 06:41:34 PM
 #223

Hello all,

need advise, if any exist Smiley
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.

the first thing you must to be patience because such case in above you are not patience to wait bitcoin price. bitcoin price is unpredictable but bitcoin movement can follow it . do not to be rush, and start with small amount if you feel you are not expert
many people feel about not lucky in trading, not only you are. so its no problem you have to learn hard again

 
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Edraket31
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January 24, 2020, 06:21:19 AM
 #224

If after failing many times you think that trading is not fit for you, then maybe you are right, and maybe it's time for you to find other opportunity that will fit for you.

Remember that, an expert or a successful trader will always say that 'no matter how many times they will fail, they won't give up and will wait for the time they will become successful'.

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January 24, 2020, 07:23:39 AM
 #225

If after failing many times you think that trading is not fit for you, then maybe you are right, and maybe it's time for you to find other opportunity that will fit for you.

Remember that, an expert or a successful trader will always say that 'no matter how many times they will fail, they won't give up and will wait for the time they will become successful'.
Trading isn't fit for everyone, but one can master in it. To master in trading one needs to learn continuously, even when trading isn't that effective we need to learn something out of the failed trade. As said even the successful trader will fail, but only few has the backup to try harder without giving up.

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Apened
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January 24, 2020, 08:49:53 AM
 #226

If after failing many times you think that trading is not fit for you, then maybe you are right, and maybe it's time for you to find other opportunity that will fit for you.

Remember that, an expert or a successful trader will always say that 'no matter how many times they will fail, they won't give up and will wait for the time they will become successful'.
Trading isn't fit for everyone, but one can master in it. To master in trading one needs to learn continuously, even when trading isn't that effective we need to learn something out of the failed trade. As said even the successful trader will fail, but only few has the backup to try harder without giving up.
Yes, and not all is capable of trading for so many reason we have different works and daily activities, only few succeed because they're not give up on something until they learned the proper strategy . Patience and the ability to learn is not for short term only a trader must taken or experience many tough times and losses, this is were afraid of losing at the same time fund management will be learned.
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January 24, 2020, 09:34:47 AM
 #227

If after failing many times you think that trading is not fit for you, then maybe you are right, and maybe it's time for you to find other opportunity that will fit for you.

Remember that, an expert or a successful trader will always say that 'no matter how many times they will fail, they won't give up and will wait for the time they will become successful'.
Trading isn't fit for everyone, but one can master in it. To master in trading one needs to learn continuously, even when trading isn't that effective we need to learn something out of the failed trade. As said even the successful trader will fail, but only few has the backup to try harder without giving up.
Yes, and not all is capable of trading for so many reason we have different works and daily activities, only few succeed because they're not give up on something until they learned the proper strategy . Patience and the ability to learn is not for short term only a trader must taken or experience many tough times and losses, this is were afraid of losing at the same time fund management will be learned.
not a good reason not to be able to trade if you have different jobs and daily activities, trading depends on your skills and knowledge, even if you have a lot of work and activities if you have knowledge you can still do it and get a profit in trading. so the reason why not everyone can trade is trading skills and knowledge. there are many people who trade only with feelings like gambling and guessing, so that is really bad. because I've also done it before really learning about good trading.

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South Park
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January 27, 2020, 04:36:19 PM
 #228

If after failing many times you think that trading is not fit for you, then maybe you are right, and maybe it's time for you to find other opportunity that will fit for you.

Remember that, an expert or a successful trader will always say that 'no matter how many times they will fail, they won't give up and will wait for the time they will become successful'.
This is an important realization, most people believe that everyone can become good at anything and that is not true, we have a set of characteristics that make us better at certain things and not so good at other things, it is important to realize as soon as possible in which activities we have some talent and concentrate on those otherwise we run the risk of wasting our time just as all the people that thought they could make money by trading the markets have done so.
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January 27, 2020, 05:22:32 PM
 #229

If after failing many times you think that trading is not fit for you, then maybe you are right, and maybe it's time for you to find other opportunity that will fit for you.

Remember that, an expert or a successful trader will always say that 'no matter how many times they will fail, they won't give up and will wait for the time they will become successful'.
This is an important realization, most people believe that everyone can become good at anything and that is not true, we have a set of characteristics that make us better at certain things and not so good at other things, it is important to realize as soon as possible in which activities we have some talent and concentrate on those otherwise we run the risk of wasting our time just as all the people that thought they could make money by trading the markets have done so.
but the ability of people can be gifted from birth or they practice and become a new habit. but the benchmarks for success will indeed vary. so if you think when we always try and fail then we don't fit in this place, I think it's a matter of the strength of these people. but what makes it difficult is that there are no special classes for studying certified trade.
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