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Author Topic: Why people run away from trading!!!  (Read 3147 times)
Alert31
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June 01, 2020, 04:33:25 PM
 #201

People run away from trading because they are afraid to lose or they don't have money to invest. Trading is not an easy money. It needs knowledge and technique in order to avoid losses. Also patience is very important character of a trader.

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June 01, 2020, 05:30:35 PM
 #202

Maybe because they are afraid to lose their capital investment. That's the only reason I saw with it for running away from trading business.
But if We know to ourselves that you have enough idea and knowledge perhaps there's no reason for us to run away from it. But I respect them if they run away, because is not that easy earn money nowadays.

In any case, even if you have the knowledge to trade cryptocurrencies, trading is still a high-risk business. And I think that others are just as anxious as I am waiting for the right price for you to close the deal with a profit. Because we understand that the well-being of the family depends on it.

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June 02, 2020, 03:56:41 AM
 #203

Trading, moving from hand signals and verbal communication to automated systems. Some exchanges like the NYSE and CME still use floor trading for large companies and more complicated trades. Floor trading allows for showmanship and to simplify large, complicated orders.

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June 02, 2020, 09:00:57 AM
 #204

Most often those who do run away are those without dip experience trading leverages and margin. They burn their capital and have no choice than to take a leave.

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June 02, 2020, 04:52:47 PM
 #205

Trading instrument, opens above or below the previous day's close with no trading activity in between. Partial gapping occurs when the opening price is higher or lower than the previous day's close but within the previous day's price range. Some exchanges like the NYSE and CME still use floor trading for large companies and more complicated trades.
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June 04, 2020, 05:40:24 AM
 #206

I agree with everything that the author said. One that really captured my attention is lack of patience. I agree with that A LOT. People tend to think that trading is an easy way to double or triple the amount of your money but in reality it's not. People want to earn as fast as they can imagine without considering different factors that could affect their earnings in trading.

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June 04, 2020, 06:30:29 AM
 #207

I agree with everything that the author said. One that really captured my attention is lack of patience. I agree with that A LOT. People tend to think that trading is an easy way to double or triple the amount of your money but in reality it's not. People want to earn as fast as they can imagine without considering different factors that could affect their earnings in trading.
True! The reason is that they didn't understand the market enough to know that in trading we gain profits slowly. I think the golden time that a coin can be double or triple its value has passed. You can know invest in IEO, doing bounty and receive their tokens then expect its price will get folded. However, it barely can happen in trading. Lack of information, lack of understanding and lack of patience lead to losses that make traders leave the market.

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June 04, 2020, 07:50:58 AM
 #208

The reason for fleeing the trade is that they have no experience with the trade And greedily trades in all kinds of currencies without knowing it in order to make more profit. In that case the loss later and leaves the trade The currency does not verify well.

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Vitalicus
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June 04, 2020, 08:04:54 AM
 #209

I agree with everything that the author said. One that really captured my attention is lack of patience. I agree with that A LOT. People tend to think that trading is an easy way to double or triple the amount of your money but in reality it's not. People want to earn as fast as they can imagine without considering different factors that could affect their earnings in trading.
True! The reason is that they didn't understand the market enough to know that in trading we gain profits slowly. I think the golden time that a coin can be double or triple its value has passed. You can know invest in IEO, doing bounty and receive their tokens then expect its price will get folded. However, it barely can happen in trading. Lack of information, lack of understanding and lack of patience lead to losses that make traders leave the market.
You're right. A lot of people leave the market by the same reason. The ones who still stay in the market doesn't mean they didn't go through those mistakes. In fact, traders have to go through those phases to gain experience, find their weaknesses and fix it to become a good trader. Same as I did, new traders nowaday are so lucky that they can learn from the internet a lot of things, they can review the experiences of old traders, etc..

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June 04, 2020, 10:29:07 AM
 #210

Improper training will lead to the main reason why people run away from trading. And if someone gets it right, it is an experience that can lead to financial stability. Impatient and fear of missing out is also other factors
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June 04, 2020, 10:15:41 PM
 #211

Trading is not just a game, Trading requires skill,
if you do not have the skill then your trading will be in vain and always lose, like gamble
Yeah, trading is not easy because the trading needs proper skills I have seen so many people who are now successful traders AMD they got huge profit from trading so people are afraid with no reason trading is actually profitable we only need to learn it well I think trading is about knowledge try to increase our knowledge about trading.

And in this regard, patience is needed when you are in trading.
If you will be in panic mode or too emotional with what you are doing, you will end up a mess.
Skills can be acquired thru experience but you still have to learn the basics of trading.
At least be knowledgeable of the available TAs. Though a lot of them doesn't help in crypto, but somehow it will help you understand what's happening.
So those people who gave up trading most likely suffered huge loss and don't want to make another one.
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June 04, 2020, 11:30:11 PM
 #212

For me proper risk management is number 1 if you have the best trading education in the world but you dont know how to manage your risks that will be a very big issue. Many people see trading as a get rich quick scheme and believe they can scam the markets which is impossible in this way they loose their discipline and use a wrong risk management

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June 05, 2020, 03:29:45 AM
 #213

For me proper risk management is number 1 if you have the best trading education in the world but you dont know how to manage your risks that will be a very big issue. Many people see trading as a get rich quick scheme and believe they can scam the markets which is impossible in this way they loose their discipline and use a wrong risk management
It's true. Without proper risks management it will be a big issue because you won't be able to cut down all of your losses and you won't be able to protect your own account from having huge losses that will really makes you run away. Unable to control your emotions is also a thing for you to run away in trading that you can't stop yourself even you have experience three or more consecutive losses that you start to become greedy.

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June 05, 2020, 08:43:29 AM
 #214

I remember my first times of trading. That was terrifying Cheesy

Seriously, it was extremely stressful even though I played with small valuales.

Its been a while since I felt it, but I'm afraid now this feeling came back to me, lost some money within a few minutes. Not sure what do to now, I hope it will go away by itself.

Never stopped trading though! Keep fighting with feeling.
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June 05, 2020, 08:43:57 AM
 #215

The reason for fleeing the trade is that they have no experience with the trade And greedily trades in all kinds of currencies without knowing it in order to make more profit. In that case the loss later and leaves the trade The currency does not verify well.
some people want to do trial and error because seeing trading is so easy. besides, seeing trading is really easy, even we can make theories about it. it's just that when entered in it, then there will be doubts, greed, and so on that, they don't think about. however, they sometimes leave because they think trading is not as easy as they think.

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June 05, 2020, 12:40:34 PM
 #216

Every market has entry and exit. Actual trader never leave the market because both profit and loss are the part of trade and they try to make grater profit than loss. Yes, some people are leaving the market because they are temporary traders and they started trading without knowing the trading system and policy. Your mentioned causes are also works for giving up their trading.

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June 06, 2020, 12:38:48 PM
 #217

A lot of people run away in trading because they mostly don't understand what they are doing, they usually think crypto trading is easy as pie but in reality trading is not that easy. Specially if you dont have any patience and risk management in trading.

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June 12, 2020, 08:45:45 AM
 #218

Trading can be scary if you look at it. Especially when you are doing it. You can liquidate your portfolio if you even make a small mistake. By experience I have lost quite a few times which almost lead mo to quitting. But staying calm in that situations makes you more focused and recover what you have loss.
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June 12, 2020, 10:23:06 AM
 #219

Trading can be scary if you look at it. Especially when you are doing it. You can liquidate your portfolio if you even make a small mistake. By experience I have lost quite a few times which almost lead mo to quitting. But staying calm in that situations makes you more focused and recover what you have loss.
There is too much sense in what you said there. It's all about patience in the face of loss. Every trader should have a mastery of their emotions while at it. Nothing destabilizes a trader more than a loss. However, self control and patience are virtues to have as a part of trading skills. Notwithstanding, risk is a very important part of trading, and by extension general business too. The higher the risk in any business, the higher the ROI. Those who run away from trading because of the risk involved are lilly hearted.

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June 17, 2020, 03:49:26 AM
 #220

Some people run away from trading because they are lack of knowledge about it. Maybe because they experienced how to failed that's why they want to stop doing it.Trading requires a lot of patience and learning risk management is also important to know.
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