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Author Topic: Reasons for traders to look at!  (Read 1223 times)
Hypnosis00
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January 10, 2020, 01:48:14 AM
 #81

I think the most important thing to become a trader is to control your emotions. Many new traders often let their emotions overwhelm and they often make the wrong decisions. If you have negative thoughts while trading, it is best to stop and resolve those emotions before returning to your trade.
This is the most importanf thing for me, because with this it can change everything, we can win or we  can lose, a proper mindset is needed for us to make a right choice in everything. Trading and gambling needed a healthy mind so that we cannot lose our money just because of our emotional capability. This must be considered.
Focus is what we need and it follows a positive mindset. Anyhow, emotions are the rival thing in trading and you'll certainly out from focus if you allow these emotions controlled us. Handling these things is a step by step, you can't go over the top without struggling difficulties and have it settled down pretty quick will absolutely help us out from suffering big losses and get what we aim for.

R


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January 10, 2020, 02:51:01 AM
 #82

Although these 4 reasons are true, but how can we avoid that is a very difficult lesson. Still when in the market traders often do this reason, even though the trader understands why he doesn't make money from forex trading. Anyways trading needs a lot more information than that, if I trade I have to rely on analysis rather than reasons why you can't generate profit.

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January 10, 2020, 03:08:06 AM
 #83

I think the most important thing to become a trader is to control your emotions. Many new traders often let their emotions overwhelm and they often make the wrong decisions. If you have negative thoughts while trading, it is best to stop and resolve those emotions before returning to your trade.
This is the most importanf thing for me, because with this it can change everything, we can win or we  can lose, a proper mindset is needed for us to make a right choice in everything. Trading and gambling needed a healthy mind so that we cannot lose our money just because of our emotional capability. This must be considered.
Controlling our own emotions and feelings are what we need. Even if if we are good in fundamental and technical analysis but we are luck in controlling our own emotions, we will still fail. In order for us to successfuly execute our trades then we should focus on improving our trading psychology. It is one of the most important thing that we should improve.
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January 10, 2020, 03:39:54 AM
 #84

When we talk about trading whether it’s Forex or Crypto, there are some very common reasons why people tend to struggle.

So that’s take a quick look at what those reasons could possibly be at https://www.qatarday.com/blog/information/4-reasons-why-youre-not-making-money-with-your-forex-trades/69233

Although, this is not going to turn you into a professional overnight, but strictly following these are ways you could begin the long journey to the destination you want to reach.
yes yes! I was really absorbed in the psychology that I created during the first months of trading. I had lost quite a lot in the first period due to trading with an unstable mentality. I remember that in just 3 days when I correctly predicted the price of bitcoin to rise from $ 6k5, I turned my account up by over 300%. but with the overconfidence mentality that the article mentioned, I lost nearly half of what I earned after only 3 hours. This article really helps me to remind myself of my mistakes and help me better in the coming transactions. Thanks very much.

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January 10, 2020, 03:58:06 AM
 #85

Isn't number 1 and 4 almost the same? Like the idea of over trading happens because greed overcomes your rationality of deciding to trade slowly and effectively. Also, the 4 given are mostly mistakes made by newbies. The struggles occur because of their lack of experience and knowledge regarding how to trade and so, problems occur, so simplest solution is to let experience take its place, and gradually, newbies that trade would slowly learn the advantages and disadvantages of the certain actions they do, thereby improving their efficiency as traders.
Greed and boosted ego  aren't necessarily the same thing. You can do many greed mistakes while still being not being overconfident at all. Also being skewed with your confidence doesn't mean you will be greedy. As said, it's most important to take the learning process slow and use the smaller possible amount of money that makes you 'feel' the loses but is not gonna make you broke if you had to reload a few times. You will not become good trader working on millions if you can't profit on $10 first. Also the best thing is you can get the experience and knowledge that will grant you good position in the industry without even risking a dollar while learning. Paper trading as much as it is boring, is the best teacher out there.

I think greed and boosted is the same because these are both urging you to trade more and more without thinking. You should need to think first even if you're on fire trading a certain amount of money. You don't need to rush because the more you rush, the more you will lose.

Always remember that greed is a bad thing in trading. Controlling emotions and self-discipline is very basic or fundamental when it comes to trading.


Trading not only requires experience or skills. But your target is managing profit or loss.Forex/Crypto trading actually has a risk. and we need to remember that most successful traders are usually lulled and feel in a comfort zone with the profits they always get so that they generate greed to get more profit.. prepare your mind before you trade, always remember risk management

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January 10, 2020, 04:12:34 AM
 #86

Isn't number 1 and 4 almost the same? Like the idea of over trading happens because greed overcomes your rationality of deciding to trade slowly and effectively. Also, the 4 given are mostly mistakes made by newbies. The struggles occur because of their lack of experience and knowledge regarding how to trade and so, problems occur, so simplest solution is to let experience take its place, and gradually, newbies that trade would slowly learn the advantages and disadvantages of the certain actions they do, thereby improving their efficiency as traders.
Greed and boosted ego  aren't necessarily the same thing. You can do many greed mistakes while still being not being overconfident at all. Also being skewed with your confidence doesn't mean you will be greedy. As said, it's most important to take the learning process slow and use the smaller possible amount of money that makes you 'feel' the loses but is not gonna make you broke if you had to reload a few times. You will not become good trader working on millions if you can't profit on $10 first. Also the best thing is you can get the experience and knowledge that will grant you good position in the industry without even risking a dollar while learning. Paper trading as much as it is boring, is the best teacher out there.

I think greed and boosted is the same because these are both urging you to trade more and more without thinking. You should need to think first even if you're on fire trading a certain amount of money. You don't need to rush because the more you rush, the more you will lose.

Always remember that greed is a bad thing in trading. Controlling emotions and self-discipline is very basic or fundamental when it comes to trading.


Trading not only requires experience or skills. But your target is managing profit or loss.Forex/Crypto trading actually has a risk. and we need to remember that most successful traders are usually lulled and feel in a comfort zone with the profits they always get so that they generate greed to get more profit.. prepare your mind before you trade, always remember risk management
There are risks in every investment, in order for us to gain profit we should handle the risks first. In cryptocurrency trading there are many risks, we cannot guarantee 100% winning rate because of the volatility of the cryptocurrencies. We can identify the perfect entries and exits in the market if we will use technical analysis but there are times that our biased did not get along, what I mean is loss is inevitable in trading.
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January 10, 2020, 05:22:15 PM
 #87

I think the most important thing to become a trader is to control your emotions. Many new traders often let their emotions overwhelm and they often make the wrong decisions. If you have negative thoughts while trading, it is best to stop and resolve those emotions before returning to your trade.
This is the most importanf thing for me, because with this it can change everything, we can win or we  can lose, a proper mindset is needed for us to make a right choice in everything. Trading and gambling needed a healthy mind so that we cannot lose our money just because of our emotional capability. This must be considered.

having emotional control in trading is very necessary to be able to make the right decision when to make purchases and sales at the specified price to get profits and avoid losses. if we trade without emotional control, of course it will be easy to become a greedy trader, because in his mind only always expect big profits, but does not take into account the risks to be faced
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January 10, 2020, 05:33:00 PM
 #88

In many tips, I find that discipline is very important. In the above article also mentioned mentality stability and the best state. We should keep the best attitude to be able to trade in the most alert way. in fact, you are dealing with as the experts did, but what we lose in them is psychology and discipline. This is the quote that I feel makes the most sense for this trade. So please plan and discipline before trading.
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January 10, 2020, 05:51:22 PM
 #89

I think the most important thing to become a trader is to control your emotions. Many new traders often let their emotions overwhelm and they often make the wrong decisions. If you have negative thoughts while trading, it is best to stop and resolve those emotions before returning to your trade.
This is the most importanf thing for me, because with this it can change everything, we can win or we  can lose, a proper mindset is needed for us to make a right choice in everything. Trading and gambling needed a healthy mind so that we cannot lose our money just because of our emotional capability. This must be considered.

having emotional control in trading is very necessary to be able to make the right decision when to make purchases and sales at the specified price to get profits and avoid losses. if we trade without emotional control, of course it will be easy to become a greedy trader, because in his mind only always expect big profits, but does not take into account the risks to be faced

Overtrading I think is a result of being emotional when it comes to a trader who just lost some money they tend to become aggressive to trade fast like in 5 minute chart. I find it difficult in this level unless you are too good to monetize the leverage you got being a scalper. Its best yo check the charts in lower time frame from daily to weekly to identify where the market is going for the whole week.

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January 10, 2020, 05:57:19 PM
 #90

In many tips, I find that discipline is very important. In the above article also mentioned mentality stability and the best state. We should keep the best attitude to be able to trade in the most alert way. in fact, you are dealing with as the experts did, but what we lose in them is psychology and discipline. This is the quote that I feel makes the most sense for this trade. So please plan and discipline before trading.
I do agree but most importantly, everything is still needed for a trader to succeed. Trading is a complex job just like how gambling works. Some will be able to master trading on their own because it requires a lot of patience and endurance when trading. Applying different techniques and strategies to suit what's best for your trading strategy.

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January 11, 2020, 03:48:08 PM
 #91

When we talk about trading whether it’s Forex or Crypto, there are some very common reasons why people tend to struggle.

So that’s take a quick look at what those reasons could possibly be at https://www.qatarday.com/blog/information/4-reasons-why-youre-not-making-money-with-your-forex-trades/69233

Although, this is not going to turn you into a professional overnight, but strictly following these are ways you could begin the long journey to the destination you want to reach.
Traders need to be patient. There are a number of points traders need to follow in order to have any profits from the trades. All the 4 points mentioned over the source you mentioned are true and they need to be followed but any trader can't just start trading considering those 4 points. traders need to experience few things on their own and they also do need to have some loss in order to gain knowledge about what trading actually is.

Trading has huge profits and it is what makes a lot of peoples make mistakes like overtrading, etc which each time lands them into loss. Human nature has a greedy base and no matter how intelligent we become, we always have that greed somewhere in our minds making us cause some of those mistakes.

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January 12, 2020, 03:47:22 AM
 #92

I'm a noob, but is it possible for everyone to make a profit, or must there always be losers?
Not everyone did best and that is why others will fail. The real thing that may happen in crypto trading is that someone will suffer losses while the others will win. If we feel that we are not happy with the results, think also the reason that causes such negatives and you'll find the solution that could help to fix it otherwise, you'll still be a loser until the end.

The problem with me is that I start feeling guilty thinking that my gain was somebody else's painful loss.
Unless you scammed someone then you should not feel sorry or guilty about your profits, if you are going to use that kind of thinking then you should feel guilty about every single dollar that you get, after all if you work hard at your job and your boss pays you then he is losing money in order to pay you and yet you do not feel guilty about being paid for your job don't you? This is the same, if you do a good job in the markets then you are going to get paid but if you don't then you are the one that needs to pay the market.
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January 12, 2020, 07:12:57 AM
 #93

There are risks in every investment, in order for us to gain profit we should handle the risks first. In cryptocurrency trading there are many risks, we cannot guarantee 100% winning rate because of the volatility of the cryptocurrencies. We can identify the perfect entries and exits in the market if we will use technical analysis but there are times that our biased did not get along, what I mean is loss is inevitable in trading.
If predicting loss was that easy I am sure none of the traders would actually have to undergo any losses. Peoples have different strategies which makes them able to trade and have profits and with deep TA we can really make sure we do not go for loss buy building exact entry and exit points for us but it might not always go according to our research.

Cryptocurrencies have a volatile nature and trading with them might give us huge profits as compared to forex trading but the amount of loss too remains constant because of their volatile nature the price can quickly move up as well as it can even move down at the same speed. Analyzing forex markets is easy and it might also give us profits because of them being centralized and those markets are not that volatile as the cryptocurrency markets.
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January 12, 2020, 04:58:03 PM
 #94

Although these 4 reasons are true, but how can we avoid that is a very difficult lesson. Still when in the market traders often do this reason, even though the trader understands why he doesn't make money from forex trading. Anyways trading needs a lot more information than that, if I trade I have to rely on analysis rather than reasons why you can't generate profit.
Market are very unstable, many uncertain things are happening, we cannot conclude what will be happen for the next 24hrs or an hour, we should also consider that this year halving will expectedly to happen, expect some bitcoin price correction as well. Traders needed to accept failure to predict coin prices  especially for the beginner.

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January 12, 2020, 05:41:22 PM
 #95

There are risks in every investment, in order for us to gain profit we should handle the risks first. In cryptocurrency trading there are many risks, we cannot guarantee 100% winning rate because of the volatility of the cryptocurrencies. We can identify the perfect entries and exits in the market if we will use technical analysis but there are times that our biased did not get along, what I mean is loss is inevitable in trading.
If predicting loss was that easy I am sure none of the traders would actually have to undergo any losses. Peoples have different strategies which makes them able to trade and have profits and with deep TA we can really make sure we do not go for loss buy building exact entry and exit points for us but it might not always go according to our research.

Cryptocurrencies have a volatile nature and trading with them might give us huge profits as compared to forex trading but the amount of loss too remains constant because of their volatile nature the price can quickly move up as well as it can even move down at the same speed. Analyzing forex markets is easy and it might also give us profits because of them being centralized and those markets are not that volatile as the cryptocurrency markets.
Cryptocurrencies have volatile nature. This is advantageous sometimes and could become a reason for loss as well. Actually volatility of the coins is a necessity of the digital market. Constant prices are not preferable when utilization is to be done at such a large scale. Moreover cross border transactions occur very commonly that serve as a balancing factor that keeps the things moving smoothly.
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February 09, 2020, 01:08:19 AM
 #96

I'm a noob, but is it possible for everyone to make a profit, or must there always be losers?
Not everyone did best and that is why others will fail. The real thing that may happen in crypto trading is that someone will suffer losses while the others will win. If we feel that we are not happy with the results, think also the reason that causes such negatives and you'll find the solution that could help to fix it otherwise, you'll still be a loser until the end.

The problem with me is that I start feeling guilty thinking that my gain was somebody else's painful loss.
Unless you scammed someone then you should not feel sorry or guilty about your profits, if you are going to use that kind of thinking then you should feel guilty about every single dollar that you get, after all if you work hard at your job and your boss pays you then he is losing money in order to pay you and yet you do not feel guilty about being paid for your job don't you? This is the same, if you do a good job in the markets then you are going to get paid but if you don't then you are the one that needs to pay the market.

Funny, I was thinking about this today. What I feel guilty, I guess you can say sorry for people who are new to this, don't know much and innocently lose their money. Or people who had no idea of crypto being told by a friend or family member to invest in this, they trusted them and then lose it all. Like I feel really bad for such people, and the regret that they must feel.
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February 10, 2020, 07:44:15 AM
 #97

The problem with me is that I start feeling guilty thinking that my gain was somebody else's painful loss.
Unless you scammed someone then you should not feel sorry or guilty about your profits, if you are going to use that kind of thinking then you should feel guilty about every single dollar that you get, after all if you work hard at your job and your boss pays you then he is losing money in order to pay you and yet you do not feel guilty about being paid for your job don't you? This is the same, if you do a good job in the markets then you are going to get paid but if you don't then you are the one that needs to pay the market.

Funny, I was thinking about this today. What I feel guilty, I guess you can say sorry for people who are new to this, don't know much and innocently lose their money. Or people who had no idea of crypto being told by a friend or family member to invest in this, they trusted them and then lose it all. Like I feel really bad for such people, and the regret that they must feel.
You should not feel sorry for such people. There is nothing you can do in this situation. There are a lot of people who would follow the instinct with just few details and that is what derives a lot of new investors to invest in bitcoins just because they were been suggested to invest. In this situation, they would never consider the current price and would enter the markets at any price they feel convenient.

Majority of such traders end up buying at the peak and that is what makes them bear the loss. Any kind of investment should be treated a lot cautiously as there is no way in this entire globe where you could simply earn benefits just for the capital you invest. You also have to use your brain in such investments.
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February 10, 2020, 11:09:42 AM
 #98

Successful traders must have some good qualities , he must know completely what he is doing with his money , how discipline trader is while trading risk management if traders think that just by  doing non sense things he will earn money then obviously he will lose
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February 10, 2020, 04:51:16 PM
 #99

This is nothing which would make you a professional trader overnight so it is always better so start with minor things first. Learning how to trade would surely take some time and you need to devote maximum time if you ever want to have profits from trading.

There are a lot of factors which should be considered before moving on trading. Forex trading and crypto trading does not have much difference just the major difference is about the high volatility of price. Rest, we can see similar methods of trade, same patterns, risk management, etc in both the trades. Newbies have a huge journey of knowledge in order to become a professional trader.
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February 10, 2020, 11:15:15 PM
 #100

For me, being confident is very essential in trading but when it is too much (Over-confident ) then it will probably affect you negatively especially in your financial income. In addition to that, the market conditions are always changing from the best to worst, but you need to analyze every event and then deal with it smartly and without rushing. Furthermore, I am pretty agree with the third point, being greedy is one of main reasons that leads to financial losses, you sould control yourself especially in the worst moments.
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