Why people run away from trading!!!

[Nellayar]

Trading could be scary only if you are a newbie, the veterans are actually scared of it too I guess but not the same way. Trading is something that is risky and that risk in it is nature causes a lot of people to back away. Plus the emotional war that goes in a trading situation is just too much for some people.

I would say that if you are really willing to trade, you should have a support system ready, like some sort of thing that relaxes you and makes you forget about the trading part and makes you happy and gets your attention to something else. That way you could do your trade, and if anything goes wrong you wouldn't react quickly but would step away from it for a while and have fun and when you come back it could be all better. That is only thing I can think of that would help people who run away from trading.

Veterans don`t scared in my opinion. Because they really know how to control their emotions and balancing their risk management skills, assuming that they are pro enough in trading. If they lose in trade, they cut it immediately. When the price goes up, they maximize their profits.

I am not a pro trader but I let my fear goes out of my body. Fear controls us in trading plus our greed to accumulate money. I lose at some point but I never disappointed to myself because I knew that from the start, I have lose all those money I put in trading because I risked them.

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[JasmineRose]

1. Lack Of Proper Trading Education

2. No Risk Management

3. Lack Of Patience

4. Having that mindset that trading is an easy money generator.
5. They set up goals basing on others positive outcomes
6. Emotion

Lots of experience or things that you should face on first before for you to able to learn.
It will vary on each person because not all would have the same effort on learning things up.

Your point is really good, i agree with that.
But i don't understand about emotion, how can emotion in trading ??
I think trade is about prediction and lucky, when you get the good prediction and lucky you will get a hight profiit fot that trading.
I don't know how about emotion for trading ??

[kotajikikox]

Using a demo account also reduces the danger in trading Through this we will realize all the market conditions But don't hand over Making money in trade is as easy because it is risky albeit it's damaged, we'll attempt to fix it later. Successful business people never hand over They always attempt to move forward avoiding risk That's why you've got to see the market before trading Fleeing isn't an answer.

it takes time to be mastered,because this is the most riskiest part of profiteering here in crypto currency world.

I have met different people here but the same story,They are being blind by the promises of Big profit but in the end losing is what they got always.

So better be ready for everything if you really want to enter trading.

[adsdas]

Using a demo account also reduces the danger in trading Through this we will realize all the market conditions But don't hand over Making money in trade is as easy because it is risky albeit it's damaged, we'll attempt to fix it later. Successful business people never hand over They always attempt to move forward avoiding risk That's why you've got to see the market before trading Fleeing isn't an answer.

When you trade with a demo account, there will certainly not be any problems, and your mind will always be comfortable when trading. However, if it is a real trading account, you will have a different psychology and always feel worried, so it is best to trade before having a specific strategy because this market is very unpredictable and easy to fluctuate when have news.

[iv4n]

Using a demo account also reduces the danger in trading Through this we will realize all the market conditions But don't hand over Making money in trade is as easy because it is risky albeit it's damaged, we'll attempt to fix it later. Successful business people never hand over They always attempt to move forward avoiding risk That's why you've got to see the market before trading Fleeing isn't an answer.

When you trade with a demo account, there will certainly not be any problems, and your mind will always be comfortable when trading. However, if it is a real trading account, you will have a different psychology and always feel worried, so it is best to trade before having a specific strategy because this market is very unpredictable and easy to fluctuate when have news.

People should always understand the risk in the market before entering into trading, we are very comfortable with the demo account because we won't invest anything in it, but when it comes to reality we might not comfortable with the order we place. Crypto market will fluctuate hugely but once the market starts dropping we might lose our investment easily.

With demo, you don't lose anything (except time and energy), but you don't make anything either (except you gain some kind of experience). That experience is a double edge, it's like you know something, but in reality you didn't do anything, because demo and real are not the same things, as someone above said psychology is different, and that changes everything.
I think it's better to start with the real stuff and to learn the real stuff. Yes you can lose some money, but it's better to pay for good school and to learn something good, from what you can make real money after. With demo, you can get in infinite loop...you don't lose, but you don't either, and like that for a long time.

[Janation]

Using a demo account also reduces the danger in trading Through this we will realize all the market conditions But don't hand over Making money in trade is as easy because it is risky albeit it's damaged, we'll attempt to fix it later. Successful business people never hand over They always attempt to move forward avoiding risk That's why you've got to see the market before trading Fleeing isn't an answer.

It helps in a way but it doesn't show the reality.

Most of the time, demo accounts gives you good results that sometimes makes you think it is that easy. I am not saying it is bad but people might take it as a sign that they should invest and not really thinking how the market moves. Losing is inevitable especially with his kind of market, if you can't handle that, it is not for you.

[Katerin05]

 It's a normal thing, when u try to trade and it doesn't work. But just go on trying and u will learn to trade. All people who run away from trading. do the same way in any deal.

[mersal]

It's a normal thing, when u try to trade and it doesn't work. But just go on trying and u will learn to trade. All people who run away from trading. do the same way in any deal.

Who are running with less confidence will collapse in the middle when they started to face financial issues that is why they feel better stop doing it is the right thing for them. I will support it as well as long as they realised it in the beginning itself and not lost much money.But if you wanted to do then surely you can which is very easy all you need is patience to learn.

[CHENIEN]

Usually as defense, to develop the stand on ability for trading is not like a magic trick, it is based on how long to manipulate on the real target on a system ,because the standard position is also hard to employ to become a perfect pitch therefore you need to be patience to run a business.

[Insanerman]

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).

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.

Lack Of Proper Trading Education I believe, is the most general reason why some traders are taking breaks or even end their trading carreers.
Some of them do not have any good knowledge about good tradings. They just trade left and right, not realizing that they are losing their investments.
So before engaging kn trading, it is always a fundamental action to know the basics of trading. And then you can make yourself be a good trader as yoh gather knowledge from experiences.

[Btc_1856]

Using a demo account also reduces the danger in trading Through this we will realize all the market conditions But don't hand over Making money in trade is as easy because it is risky albeit it's damaged, we'll attempt to fix it later. Successful business people never hand over They always attempt to move forward avoiding risk That's why you've got to see the market before trading Fleeing isn't an answer.

The demo account is for practice and it will not give a complete overview about the market, a person who practices in demo account will not perform well in the live market. We cannot able to identify the market situation and fluctuation, of course, demo account will to overview about how the cryptocurrency trading will work.

[atjiat]

Using a demo account also reduces the danger in trading Through this we will realize all the market conditions But don't hand over Making money in trade is as easy because it is risky albeit it's damaged, we'll attempt to fix it later. Successful business people never hand over They always attempt to move forward avoiding risk That's why you've got to see the market before trading Fleeing isn't an answer.

The demo account is for practice and it will not give a complete overview about the market, a person who practices in demo account will not perform well in the live market. We cannot able to identify the market situation and fluctuation, of course, demo account will to overview about how the cryptocurrency trading will work.

You have now upset me very much, because I constantly use demo versions of exchanges to learn how to trade and so that after that I could make a deal with real funds. I believed before that the demos completely duplicate the cryptocurrency market. Of course, I practice with a little capital on Binance, but I did not have high hopes for it.

[kakonhat]

Your points are right, I agree with you. But there is more one reason, many users like to hold for a long to get potential profit from their investment. I know many users who have good skill for trading but they like to hold. Whatever it's a personal mater because I see many users trading but they don't have good skill.

[Apened]

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 that's right, i think almost all of us in trading have experienced that kind of things or situation and only few people learn to from their losses,adjust and start learning a proper way to trade. It really takes time and we have to encounter the thing that you stated before we learn from it. Hence, it is not easy to adjust as we know trading is not that easy and deny it or not we are always affected by our emotions. We can set the target stop -losses etc, but as always i believe we can't set aside our emotions when the trade goes in the opposite direction. Everything is a process.

[SacriFries11]

Its depends what coin you’re going to hold. High potential coins especially in the top 10 should hold much longer since their market cap is high. The possibility of huge pump could take a lot of time. BTC, ETH and LTC should coins that need to hold much longer. Some traders don’t have patience and does not enough knowledge about trading. They become lazy and end up their career in trading. They’re minds is not set to lose sometime and win sometime.

[matchi2011]

Its depends what coin you’re going to hold. High potential coins especially in the top 10 should hold much longer since their market cap is high. The possibility of huge pump could take a lot of time. BTC, ETH and LTC should coins that need to hold much longer. Some traders don’t have patience and does not enough knowledge about trading. They become lazy and end up their career in trading. They’re minds is not set to lose sometime and win sometime.

They are lazy to think that this venue of investment can quickly give them the profits that the are desiring,  if you are looking for higher
value of profits, taking top alts for long term investment should be studied very well, you will enjoy the max advantage
after holding assets that have good good future value.

[Salauddin1994]

We need patience in trading Many people do not have this patience and they invest without checking any currency to find a way to make more profit in a short time then in case of risk they lose all the capital and run away from the trade. We need to try to move forward by reducing risk without running away from trade so that we can know and learn about the market. If you have little knowledge about trading, you will have to make long-term investments. If the price of Bitcoin or Ethereum increases, you will be able to earn a lot of profit.

[sunno330]

Actually trading is best opportunity of make money . But if you are newbie you must have a enough and enough knowledge about trade .But some of people without proper knowledge they make investment as a result they are losses lot of fund.proper mind setup, and lot of fund and lot of knowledge can make happiness on trade.

[bitbunnny]

Actually trading is best opportunity of make money . But if you are newbie you must have a enough and enough knowledge about trade .But some of people without proper knowledge they make investment as a result they are losses lot of fund.proper mind setup, and lot of fund and lot of knowledge can make happiness on trade.

It could be the best opportunity to make money if you know what are you doing. But many people just go into trading like some hobby without proper basic knowledge and information and the failure is inevitable.
To my opinion trading is not for everyone and not everyone can be successful in trading. Otherwise we would all make the fortune only by trading.

[Becky666]

It's a normal thing, when u try to trade and it doesn't work. But just go on trying and u will learn to trade. All people who run away from trading. do the same way in any deal.

Trading is not just buy low and sell high, don't jump into the cryptocurrency trade like any other.
I think the Major reasons behind people running away from trade is their inexperience in the industry. Trade doesn't be like other means to earn passive income, you must be a good learner and be good in coins and tokens analysis. I was unfortunate to miss the last bullish run when the market was at it peak, hope to see another promising day were traders will trip into the market to trade.