Why people run away from trading!!!

[Zackgeno96]

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.

Those people were running away from trading, of course once they had earned money from trading. Who's given up, after all again everyone will start trade. I don't quit trading because trade profits are always possible. patience is the key to success. My patience is becoming low when the price drops. To recover from these losses, I have to accept losses or hold coins for a long time.

In trading altcoins there are always high chances of you getting REKT, also many a times I have been struck in pump and dump schemes holding that hyperinflated bag of coins. Instead what I do now is margin trading as in it I only have to do technical analysis of a single coin which means more focus on that particular coin and hence less chances of failure. Moreover people also move away from trading because of the fact that they loose big time in trading or it went bad and then they got afraid of loosing it again.

[monineklutak]

people leave trading because they lose capital, it's natural, it's very difficult to become a trader, mastering the analysis techniques alone is not enough to become a trader, you have to try as hard as possible

[Ronaldcoin2017]

I think not all of the people run away from trading, sometimes luck affect the peoples behaviour, maybe some people really didn't have a luck on trading and they always lose on it, that is why they run away on trading, but if we take a look around there are still so many traders on crypto feild, it is maybe because they are lucky on it that is why they continue to trade to gain a lot of profit.

[Dr.Osh]

I think not all of the people run away from trading, sometimes luck affect the peoples behaviour, maybe some people really didn't have a luck on trading and they always lose on it, that is why they run away on trading, but if we take a look around there are still so many traders on crypto feild, it is maybe because they are lucky on it that is why they continue to trade to gain a lot of profit.

those who do not come out of trading are those who are accustomed to risk and also know the ups and downs of the chart. besides, they don't keep all their assets in trading. as far as I know, many people only try to trade, and quit after getting a loss. some people also sometimes over-hope with trading that they are disappointed.

[koang]

Trader is a profession and profession is a job that requires special skills such as doctors, athletes, etc.
They depend on their expertise directly,they are paid based on the results of what he has done.
A trader must have the soul and mindset of  business, a trader must be prepared to fall up and down, profit and loss
and treat each of his trades like a business and projecting the results for the long term.

That is why 90% (or maybe more) people will fail to become a trader.
Just like, not everyone can be a doctor or an athlete, right

[Majharul Saiif]

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.

Already pointed out some reasons. But it is so true that maximum people don't come with proper knowledge about trading. That's why they pay for it and then go away. But real people enjoy it. Ups and downs is a part of it. We can't ignore it. So lack of proper knowledge is the main things to me to run away from trading.

[metenjean]

Frustrated because they have lost much money from trading, not only shit coin but also with bigger coin ever lost much money, look what happen last 2017 where many people try to invest with bitcoin but one year later bitcoin going down and make many people don't believe how come bitcoin could dump, right now many of them retired from bitcoin and altcoin investment.

[dragon695]

Frustrated because they have lost much money from trading, not only shit coin but also with bigger coin ever lost much money, look what happen last 2017 where many people try to invest with bitcoin but one year later bitcoin going down and make many people don't believe how come bitcoin could dump, right now many of them retired from bitcoin and altcoin investment.

That's their choices! Runners can't blame anything else than themselves. The reason is that when they see an "easy money" such as investing in BTC, they jump right in without learning about it. At the time they invest in BTC, they don't even know how the market works. Therefore, they lost their investment sooner or later! That's the certain consequences of not exploring the market before investing. Don't do anything without understanding it first!

[Aaroenz0r]

I think not all of the people run away from trading, sometimes luck affect the peoples behaviour, maybe some people really didn't have a luck on trading and they always lose on it, that is why they run away on trading, but if we take a look around there are still so many traders on crypto feild, it is maybe because they are lucky on it that is why they continue to trade to gain a lot of profit.

In my opinion, there's nothing called luck in a professional field of business. Especially in trading, it's the risk of being lost when you lose your capital. When you win, it's all about your skills, knowledge, understanding.. Therefore, those who run away from trading are those who don't have the skills, hesitate to learn the knowledge and lack of understanding about the market. Those who still in the field are those who acquire knowledge, experiences and skills by experiencing failures many times.

[charlemagne_15]

People tend to 'run away' from trading because it somehow intimidate them. We know that trading is complex and maybe several of us knows that there's an under lying difficult concept of it. Other reasons are: (1) They lose too much money. (2) Not enough skills to fully understand and continue doing it. (3) Emotional.

[Salauddin1994]

Everyone misrepresents trades in order to make extra profit and people lose their real savings due to wrong trade decisions and these are the reasons why people run away from trading, Not everyone succeeds in trading as trading often depends on difficult decisions and tough mindsets. There may be many more reasons such as all trades going out of control, there may be many more reasons to make mistakes in trading analysis.

[Ann Impas]

It's true, Most people tend to dive head first without knowing much about where they are heading. Why? Because they see people earning 200% on a trade and they think that they can also do that. But no, You need experience when it comes in trading. Experience defines who and what are you in the market. So take your time, Don't be greedy. You will have that 200% someday, Just wait.

[spike420211]

It's true, Most people tend to dive head first without knowing much about where they are heading. Why? Because they see people earning 200% on a trade and they think that they can also do that. But no, You need experience when it comes in trading. Experience defines who and what are you in the market. So take your time, Don't be greedy. You will have that 200% someday, Just wait.

Not necessary.
There can be a lot of factors. Trading is a very seductive thing, even if you are well aware of all the dangers that an ordinary trader faces.

As a newcomer, you will often overestimate your strengths and make transactions ignoring money management and risk management, in full confidence that you understand how the market works.
But the market is too unpredictable to succumb to such gambling impulses, this will often lead to losses.

[spike420211]

Uncertain and it all depends on himself, they run away from trading either because of frustration because of loss or run because of the benefits gained, because of the two could run and could stay. Right, trading is a difficult business and not everyone can succeed in trading and therefore knowledge and self-control in trading is something that is very important, in trading can not only rely on knowledge and can not only rely on patience and with you spend more lots of time in trading of course it will be a very good experience.

Show me at least one person who would stop trading if it would bring him profit.
People stop trading for one reason - they lose. Having drained one or several deposits, the majority are not able to cope with stress and leave the trade, some for a while, someone forever.

Those people who manage to catch luck by the tail and win will always return.
A similar rule works in a casino, but the only difference is that the casino will definitely give you a win at the beginning so that you come back again and again, the cryptocurrency market whales act in a similar way, especially on the largest movements.

[Sanugarid]

It's true, Most people tend to dive head first without knowing much about where they are heading. Why? Because they see people earning 200% on a trade and they think that they can also do that. But no, You need experience when it comes in trading. Experience defines who and what are you in the market. So take your time, Don't be greedy. You will have that 200% someday, Just wait.

Not necessary.
There can be a lot of factors. Trading is a very seductive thing, even if you are well aware of all the dangers that an ordinary trader faces.

I guess the better word for that is attractive  Trading has emerged through the years because of a high possible profit using the volatility of the crypto market however there are still disadvantage of trading crypto, the binary of result in trading is never balanced for me. All traders lose.

As a newcomer, you will often overestimate your strengths and make transactions ignoring money management and risk management, in full confidence that you understand how the market works.
But the market is too unpredictable to succumb to such gambling impulses, this will often lead to losses.

If you are a newbie and wants to begin with cryptocurrency trading, I suggests to hear the opinion of others, don't rush things and never make a move that you are not ready for. There have been threads made for minimizing the risk in trading, you can check it out it here on the same trading section. The market is really unpredictable that the technical analysis fails more often these days, so you better carefully watch the market while trading.

[XCANA]

Don't ever force yourself to trade cryptocurrency because not all who understand the said Bitcoin has the ambition to trade. Not all the bitcoin investors should start trade, what you don't know don't ever venture into it because, your hard earned money can get lost in the process. Those with the ability to trade should embrace their career in trade and not all. And, if you must trade cryptocurrency, don't  trade with funds you are not ready to lose, the entire cryptocurrency market is volatile.

[earnfreecrypto1999]

trading is a big deal and big concept for everyone many peoples does,t know how to trade with full of strategy many are very confusion about that trading. most peoples loss money when they are started with new strategy lines. but many peoples know about trade because they are focusing and full concentrate and set candles stick and apply strategy. but alot of people earn with trade and some people loss money when they are trading.

[Janation]

People tend to 'run away' from trading because it somehow intimidate them. We know that trading is complex and maybe several of us knows that there's an under lying difficult concept of it. Other reasons are: (1) They lose too much money. (2) Not enough skills to fully understand and continue doing it. (3) Emotional.

They thought it is just that easy.

Most of the people I know don't want to take the risk and they think they could easily earn money with a small period of time with not that much knowledge about it. Investing in Bitcoin and other cryptocurrencies is not that really easy since we are dealing with a volatile market. If you will never adjust to this, you will never be able to have some good profits in the near future. We need to be patient, trading and investing is not that easy.

[olamidey]

For those who have never traded and also newbies who just started trading, trading would seem like a very technical task. But when they finally learn how to trade, they will discover that all that was missing was knowledge. Back to your post, I agree with you totally, lack of proper trading education is a big factor why people dump trading. Once they try, without the right knowledge everything would seem too technical and complicated, they just give up too soon.

I also agree "no risk management" is also an issue but not just for newbies but for every trader. After a huge loss due to bad risk, even pro traders get tempted to abandon trading. Running away from trading is almost same as running away from investing.  My experience with Injective Protocol has been good.

[spike420211]

`snip

If you are a newbie and wants to begin with cryptocurrency trading, I suggests to hear the opinion of others, don't rush things and never make a move that you are not ready for. There have been threads made for minimizing the risk in trading, you can check it out it here on the same trading section. The market is really unpredictable that the technical analysis fails more often these days, so you better carefully watch the market while trading.

The problem for beginners is that they cannot understand what steps they are ready for and what they are not ready to until they try these steps.
It is difficult to try on someone else's experience, knowledge without practice yields nothing, they always need to be tested in life.

The least dangerous way, perhaps, is to apply the acquired knowledge in a paper or demo account.
However, an account with a small deposit can be even more effective, which will increase the level of your personal responsibility and discipline. Only working with real money can bring good results in your training.