Why people run away from trading!!!

[rodskee]

I have been reading a lot of articles on the forum and i have to say a lot of people are already giving up on trading due to some minor/major setbacks.

I write this article today to explain some few reasons why i think people are not really comfortable with the trading environment.
1. Lack Of Proper Trading Education
A wise man once said " Lack of education causes lack of progress which in turn causes lack of motivation". Most new traders have a common believe that the trading market is a Fast Money Producing market which is very wrong. Instead of learning the basics of trading and develop a reliable trading skill they settle for Signal groups or end up investing in a scam so called (money multipler groups).

Among the 3 given reason this is the Mostly happened in trading
 because of people jumping to Trade here just
 because they are being told that if you invest now while market is
 lowering the next day it will grow and what if
 the price continue to fall?they will just withdraw and then Blame
 the market?misleading is part of being lack in
 knowledge here thats why if we are really concern to our friend
and family,please don't tell them lies instead
tell them how risky this market is and if they put money there is
no assurance of profiting if they cannot wait
 for much longer time,in this way at least they are ready in what
 will come soon.

[1713957342]

1713957342

[1713957342]

1713957342

[1713957342]

1713957342

[1713957342]

1713957342

[cosmofly]

I think the majority will out of trading due to the house rules. most people lose because of their rules, the leverage fee is quite high and sometimes your order has hit the Target profit but it is not triggered, even there will be very high spreads and make the range Your loss will increase by 10-15%. I really hate this and that's why I am out of day trading. Now I only focus on analyzing the price of bitcoin to buy at low prices and hold for a long time.

[Dr.Osh]

Everyone has a different risk tolerance and risk understanding, some traders love to take risk for doubling their budget less than week in short term swings. Some traders look for 10% annual profit per year. The first category traders usually fail and give up about trading especially if the market is more volatile.

you are right. sometimes too high expectations can make a person depressed and leave what they are doing. This happens to traders who target high profits and are willing to take large risks. it makes them despair when things don't go according to plan. Well, the only survivors can take advantage of the situation.

[Eugenar]

I am also a person who is running away from trading, I tried trading before and I lost my 0.01 BTC so I didn't try it again because upon trading I realized that it is like gambling because we are taking a risk of our money, without knowing that we could win the prize or the reward. I don't have enough knowledge about trading so I stopped it, I didn't tried to gain some knowledge or skills about it because of being disappointed in what I have lost because that money is really important for me because I I really need it before then it has gone because of trading, I tried it because of thinking that I can earn more money but I was wrong because it's not just easy as what I think.

[Bezobraznike]

I am also a person who is running away from trading, I tried trading before and I lost my 0.01 BTC so I didn't try it again because upon trading I realized that it is like gambling because we are taking a risk of our money, without knowing that we could win the prize or the reward. I don't have enough knowledge about trading so I stopped it, I didn't tried to gain some knowledge or skills about it because of being disappointed in what I have lost because that money is really important for me because I I really need it before then it has gone because of trading, I tried it because of thinking that I can earn more money but I was wrong because it's not just easy as what I think.

   Eugenar I am staying away from trading too, but I like to read about trading, I watch videos about trading,
it's very interesting to read some traders blogs and how they trade and about their trading strategies. But I
don't think about trying trading, I feel so insecure when I try to think about what can happen with the price
tomorrow, will it go up or down.
   It's why I invest in long-term! If one day some coin bring me huge profit, I will think about trying trading
and risking, but until then I will not trade.

[carlisle1]

I think the majority will out of trading due to the house rules. most people lose because of their rules, the leverage fee is quite high and sometimes your order has hit the Target profit but it is not triggered, even there will be very high spreads and make the range Your loss will increase by 10-15%. I really hate this and that's why I am out of day trading. Now I only focus on analyzing the price of bitcoin to buy at low prices and hold for a long time.

Depend in which exchange you are using but in other points i believe you are right because the rules are not traders friendly and more on the leverages .

I am also a person who is running away from trading, I tried trading before and I lost my 0.01 BTC so I didn't try it again because upon trading I realized that it is like gambling because we are taking a risk of our money, without knowing that we could win the prize or the reward. I don't have enough knowledge about trading so I stopped it, I didn't tried to gain some knowledge or skills about it because of being disappointed in what I have lost because that money is really important for me because I I really need it before then it has gone because of trading, I tried it because of thinking that I can earn more money but I was wrong because it's not just easy as what I think.

that's a small amount to be frustrated mate imagine you only lose 0.01 when others losses more than a bitcoin but yet trying their best to make profit.

Everyone has a different risk tolerance and risk understanding, some traders love to take risk for doubling their budget less than week in short term swings. Some traders look for 10% annual profit per year. The first category traders usually fail and give up about trading especially if the market is more volatile.

you are right. sometimes too high expectations can make a person depressed and leave what they are doing. This happens to traders who target high profits and are willing to take large risks. it makes them despair when things don't go according to plan. Well, the only survivors can take advantage of the situation.

that is why we must not greed in trading because this will lead us to losing more than what winning we are expecting .

[virasog]

I have been reading a lot of articles on the forum and i have to say a lot of people are already giving up on trading due to some minor/major setbacks.

I write this article today to explain some few reasons why i think people are not really comfortable with the trading environment.
1. Lack Of Proper Trading Education
A wise man once said " Lack of education causes lack of progress which in turn causes lack of motivation". Most new traders have a common believe that the trading market is a Fast Money Producing market which is very wrong. Instead of learning the basics of trading and develop a reliable trading skill they settle for Signal groups or end up investing in a scam so called (money multipler groups).

2. No Risk Management
I am a victim of "No Risk Mangement". In my earlier days of trading, i always try to maximize profits neglecting the probability of the loss if a trading day/week doesn't go my way. The market is becoming unpredictable day by day, therefore traders new or experienced need to have a proper risk management regardless of your analysis of the market. I personally enter a position with 3 -- 5% risk of my total equity.

3. Lack Of Patience
The trading market is not always green or red, it's unpredictable as i mentioned earlier so there will be good and bad days for a constant trader. The aim of all traders is to at least 10X their loss in profits but if this is not the same for you, you need to be really patient with the market and try and go through your analysis and strategies all over again. Sometimes it might even require you changing the pairs you trade.

Additional information and advices would be appreciated. Thank You, Stay Home, Stay Safe.

well ,being good in anything need knowledge and experience think who ever join trading world must give time to learn it and to loss and get experience after time maybe 2/3 years repeating that he will grow and start to see clearly how to make profit.IT TAKES TIME.

People come in trading with a hope that they will make big money easily. When they start trading, they experience the loss and therefore they become disappointed and leave trading. The reason is that they did not learn the trading properly. If you come in any field to make money, you should first fully learn it if you want to be successful.

[South Park]

You are right to mention that folks run faraway from trade once they lose and lose during a trade But it's foolish to lose and run away If we will trade properly then we will make tons of profit by trading a day Therefore it's necessary to correct the error without deed and learn better and reduce the quantity of injury. Trade small amounts a day and check out to practice the charts well Trade-in green light water the number of losses are often easily recovered here to form the crypto market trade far better than the other site.

No one that is making profits out of his trading activities is going to run away from it, the ones that do it are losing a lot of money and while it is possible they could improve with training and by studying a lot of books about the subject we must recognize that trading is not for everyone, very few people can deal with the difficulties that come from trading and if after they try it they find out that they have no talent for it then they are justified on giving up on trading.

[kapalmabur]

I have been reading a lot of articles on the forum and i have to say a lot of people are already giving up on trading due to some minor/major setbacks.

I write this article today to explain some few reasons why i think people are not really comfortable with the trading environment.
1. Lack Of Proper Trading Education
A wise man once said " Lack of education causes lack of progress which in turn causes lack of motivation". Most new traders have a common believe that the trading market is a Fast Money Producing market which is very wrong. Instead of learning the basics of trading and develop a reliable trading skill they settle for Signal groups or end up investing in a scam so called (money multipler groups).

2. No Risk Management
I am a victim of "No Risk Mangement". In my earlier days of trading, i always try to maximize profits neglecting the probability of the loss if a trading day/week doesn't go my way. The market is becoming unpredictable day by day, therefore traders new or experienced need to have a proper risk management regardless of your analysis of the market. I personally enter a position with 3 -- 5% risk of my total equity.

3. Lack Of Patience
The trading market is not always green or red, it's unpredictable as i mentioned earlier so there will be good and bad days for a constant trader. The aim of all traders is to at least 10X their loss in profits but if this is not the same for you, you need to be really patient with the market and try and go through your analysis and strategies all over again. Sometimes it might even require you changing the pairs you trade.

Additional information and advices would be appreciated. Thank You, Stay Home, Stay Safe.

well ,being good in anything need knowledge and experience think who ever join trading world must give time to learn it and to loss and get experience after time maybe 2/3 years repeating that he will grow and start to see clearly how to make profit.IT TAKES TIME.

People come in trading with a hope that they will make big money easily. When they start trading, they experience the loss and therefore they become disappointed and leave trading. The reason is that they did not learn the trading properly. If you come in any field to make money, you should first fully learn it if you want to be successful.

I admit that it is indeed difficult to trade when volatile prices are high, and crypto currencies are famous for that reason,
when trading our enemy is lust, if you can't hold it then you lose

[Dr.Osh]

I am also a person who is running away from trading, I tried trading before and I lost my 0.01 BTC so I didn't try it again because upon trading I realized that it is like gambling because we are taking a risk of our money, without knowing that we could win the prize or the reward. I don't have enough knowledge about trading so I stopped it, I didn't tried to gain some knowledge or skills about it because of being disappointed in what I have lost because that money is really important for me because I I really need it before then it has gone because of trading, I tried it because of thinking that I can earn more money but I was wrong because it's not just easy as what I think.

reasonable if like that. I might also be one of the people who can't last long in trading. however, I assume that the risk is so great. although I often try to go back, but the changing situation makes beginners traders like me quite confused.

[Harriti]

I just find this trading really hard and it's not for many people. I once knew a friend who was pretty good at trading and he had quite a deep knowledge of trading. but he always thought this was a boring job and he gambled every day!
it's not a matter of your knowledge, it's also about the rules of the house. The dealer always does everything to make it most profitable and when the traders ignore it, it will regain all their profits! so I just like to invest in the long term, don't spend too much on this boring work.

[Finestream]

I just find this trading really hard and it's not for many people. I once knew a friend who was pretty good at trading and he had quite a deep knowledge of trading. but he always thought this was a boring job and he gambled every day!
it's not a matter of your knowledge, it's also about the rules of the house. The dealer always does everything to make it most profitable and when the traders ignore it, it will regain all their profits! so I just like to invest in the long term, don't spend too much on this boring work.

Your friend was wrong, it was really boring if he is not putting his passion in trading, it's not like gambling where you can enjoy since gambling's purpose is to get gamblers entertain while trading is a serious job or considered as one if you are into making serious money or to be profitable here.

If he like to make money money, he should get it from trading and spend some in gambling if he like to have fun as well.

That's the right formula, sometimes we need to sacrifice to get money since not everything in this world is easy.

[milandres0207]

I have been reading a lot of articles on the forum and i have to say a lot of people are already giving up on trading due to some minor/major setbacks.

I write this article today to explain a few reasons why I think people are not really comfortable with the trading environment.
1. Lack Of Proper Trading Education
A wise man once said, " Lack of education causes lack of progress which in turn causes lack of motivation". Most new traders have a common believe that the trading market is a Fast Money Producing market which is very wrong. Instead of learning the basics of trading and develop a reliable trading skill they settle for Signal groups or end up investing in a scam so-called (money multiplier groups).

2. No Risk Management
I am a victim of "No Risk Management". In my earlier days of trading, i always try to maximize profits neglecting the probability of the loss if a trading day/week doesn't go my way. The market is becoming unpredictable day by day, therefore traders new or experienced need to have proper risk management regardless of your analysis of the market. I personally enter a position with a 3 -- 5% risk of my total equity.

3. Lack Of Patience
The trading market is not always green or red, it's unpredictable as I mentioned earlier so there will be good and bad days for a constant trader. The aim of all traders is to at least 10X their loss in profits but if this is not the same for you, you need to be really patient with the market and try and go through your analysis and strategies all over again. Sometimes it might even require you to change the pairs you trade.

Additional information and advice would be appreciated. Thank You, Stay Home, Stay Safe.

They are giving up because lack of knowledge that's the number one things, without it we cannot succeed in trading.
Then, it will followed by your tips in this thread section. As a trader, we need to be wise at all cost and We also need to become
a risk-taker as well.

[culuuton]

I have been reading a lot of articles on the forum and i have to say a lot of people are already giving up on trading due to some minor/major setbacks.

I write this article today to explain a few reasons why I think people are not really comfortable with the trading environment.
1. Lack Of Proper Trading Education
A wise man once said, " Lack of education causes lack of progress which in turn causes lack of motivation". Most new traders have a common believe that the trading market is a Fast Money Producing market which is very wrong. Instead of learning the basics of trading and develop a reliable trading skill they settle for Signal groups or end up investing in a scam so-called (money multiplier groups).

2. No Risk Management
I am a victim of "No Risk Management". In my earlier days of trading, i always try to maximize profits neglecting the probability of the loss if a trading day/week doesn't go my way. The market is becoming unpredictable day by day, therefore traders new or experienced need to have proper risk management regardless of your analysis of the market. I personally enter a position with a 3 -- 5% risk of my total equity.

3. Lack Of Patience
The trading market is not always green or red, it's unpredictable as I mentioned earlier so there will be good and bad days for a constant trader. The aim of all traders is to at least 10X their loss in profits but if this is not the same for you, you need to be really patient with the market and try and go through your analysis and strategies all over again. Sometimes it might even require you to change the pairs you trade.

Additional information and advice would be appreciated. Thank You, Stay Home, Stay Safe.

They are giving up because lack of knowledge that's the number one things, without it we cannot succeed in trading.
Then, it will followed by your tips in this thread section. As a trader, we need to be wise at all cost and We also need to become
a risk-taker as well.

Additional information, we need more courage and assertiveness. Many people run away from trading with regret, if they are determined to hold, buy or sell BTC, they will become rich, etc,...However, everything is impossible "if", we have to accept and don't give up.

[timmmers]

All of them are doing same mistake, they think that it is pretty easy, like betting on sports, but it is not the same. A trader is earning mainly because he reduces the risk and tries to maximalize the number of successful trades. Thats all, one trade will not make you rich. 

[shadowdio]

when I was a newbie I always losing money in trading because of lack of patience, can't wait to make profit and I'm afraid of losing money, like when the price gets down I sold right away without patient to hold the coin, in the end the price bounced back. I regretted but lesson learned for me. Well I agree those 3 reason why people are quitting in trading, it is not easy to make money in trading but if you like to be successful with it then you should not give up.

[Festac]

The problem of traders starts from within them, lack of patience, greed etc but why can't we just support both side? We have bear market and bull market right? If you can stay between both we will make profits from both, for example, buy bitcoin and hold, buy Usdt and hold, if bear took over then use the usdt, you will get more bitcoins

[XCANA]

Trading is different from investment in cryptocurrency, when trading you shouldn't put forward emotions because with this the chances of the trader to be successful during the trade is not possible. Though, many take the buy low and sell  high as a trade but for me, no, trading is different from this approach. As a trader, you must be aware of the usage of trade technical analysis which without trade is impossible for success. This is one of the reasons why many ran and others still run from trade.

[peter0425]

Trading is different from investment in cryptocurrency, when trading you shouldn't put forward emotions because with this the chances of the trader to be successful during the trade is not possible. Though, many take the buy low and sell  high as a trade but for me, no, trading is different from this approach. As a trader, you must be aware of the usage of trade technical analysis which without trade is impossible for success. This is one of the reasons why many ran and others still run from trade.

So in the end still Holding is the best way to gain profits here in crypto?

telling about learning TA is one of the hardest thing to do because not all people here knows hows this work and even if they try yet not enough to learn.

actually people run away from trading is their own mistake for just buying currencies they don't even know the purpose or the value and in the end will dumped the price.

[gantez]

it is not easy to make money in trading but if you like to be successful with it then you should not give up.

In every business too, it is not easy to stand on it as not giving up is a key to success everywhere. Trading is a skill that should be learned and practiced upon. It isn't what someone should joke with because it involves lots of easy profit and easy losses too.