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Author Topic: Why people run away from trading!!!  (Read 3147 times)
iamsheikhadil
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August 23, 2020, 11:34:10 AM
 #321

Trading is one of the best and most fun ways to make money. Just invest money, have patience and little skills, use automated tools like profit and loss bots to execute and that's it. Still many people don't like it and most probably it's because they want to get rich quick which doesn't happen. They might have also heard myths like traders lose huge amounts etc, that might all go into it and they lost much energy needed to trade properly.
goldade
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August 23, 2020, 01:59:15 PM
 #322

The major reason many people run away from trading is because they do possess the right knowledge concerning trading. Many just dabble into it, they get burnt and they stay away as much as possible.
The first thing to do concerning trading, as with every other thing, is to acquire the right knowledge about it. Make in depth research and one is half way successful in trading.
Another reason many others get burnt is because they don't know when to take profit. This is actually due to greed because they believe the market will always go in their desired direction. However, we all know that the market is unpredictable and one should take profit once you've made a significant amount of profit.

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August 23, 2020, 04:35:51 PM
 #323

Many can't stand emotional stress and losses
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August 24, 2020, 04:12:16 AM
 #324

You have said it all, like of patient is the common factor and most people just dabble into crypto space without any fundamental.
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August 24, 2020, 05:04:33 AM
 #325

Trading is one of the best and most fun ways to make money. Just invest money, have patience and little skills, use automated tools like profit and loss bots to execute and that's it. Still many people don't like it and most probably it's because they want to get rich quick which doesn't happen. They might have also heard myths like traders lose huge amounts etc, that might all go into it and they lost much energy needed to trade properly.

Without knowledge with what you're going to do, the chances of losing money is really high, you need to make sure that you fully understand the market in where you'll going to invest your money, it's about understanding the risk and your capabilities to adjust
when it's needed, this venue of business is not a scheme for quick turning into richness, you need to learn every skills that according
to this venue of investment.

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August 25, 2020, 04:30:21 PM
 #326

Some, due to the fact that they choose the wrong broker who, as a result, can let them down, are disappointed with the trade, in general, that is why I thoroughly approached the choice and settled on Amarkets, which have a lot of clients, good trading conditions.
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August 25, 2020, 04:55:51 PM
 #327

Trading is very attractive and very sensitive, if one is futunate or skillful at it, it generates more money than just bounties, 2 things I will like to add to your point is OVERCONFIDENCE. Many traders shows too much confidence not taking cognisance of the fact that they are not In control of the market scale, some will go and make Ponzi scheme from it and get arrested when they make losses.
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August 26, 2020, 07:28:07 AM
 #328

Basically like that, someone who just comes to the trading market and ends up leaving the trade because of these three things. Traders who are old are usually out of mind and because they cannot accommodate higher risk trades. I can say that why people run away from trading is because it varies for each trader. Other reasons have been conveyed through replays by other users and I think everyone agrees with the many reasons and the reasons vary for merchant characteristics.

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bangkecol
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August 26, 2020, 08:55:00 AM
 #329

Trading is not easy. Some people think that they can be rich quickly by doing trading.
Trading is not easy as that. To get successfull in trading we must learning and understanding about analysis technique.
lienfaye
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August 26, 2020, 11:30:41 AM
 #330

Trading is not easy. Some people think that they can be rich quickly by doing trading.
Trading is not easy as that. To get successfull in trading we must learning and understanding about analysis technique.
We need proper knowledge to avoid or lessen the mistakes.
If investors can do this before investing their money then they will understand the nature of trading. There's no easy money here, even pro traders are losing sometimes because its inevitable so its up to us how to manage it to stay longer here because there's a chance to recover if you didnt give up easily.
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August 26, 2020, 01:32:16 PM
 #331

Trading is not easy. Some people think that they can be rich quickly by doing trading.
Trading is not easy as that. To get successfull in trading we must learning and understanding about analysis technique.
Trading always requires a sound strategy and is certainly not easy because you will need a lot of time to learn. In the past, I used to lose a lot of money from trading and until now that is still an obsession for me. Now things are different because I always have a good trading strategy and always consider it very carefully when deciding to buy or sell.






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azmirihaque
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August 27, 2020, 01:40:28 AM
 #332

One of the main influencer for people to trade is the over exaggerated and over hyped ads. These people thinks trading is easy. After lossing enough from trading, that's the time they give up and start talking sh*t how bad trading in crypto was, when the reality is these people didn't even understand the fundamentals of crypto trading.
What most people needs to acquire and understand in trading is patience and experience.

Those people become over exaggerated who have less experience and knowledge on trade and also has less patience. So I am totally agree with you. For making trade, patients is must required. Then by applying the knowledge and experience in different situation, a person can be a successful trader.

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August 27, 2020, 06:25:05 AM
 #333

If you are trading then you don't need to much concentration on profit. You may think its weired but profit is not important. Important thing is that how you keep your fund safe and be with market. Profit is secondary things. Profit coming behind your trading skill. You have to know how to manage your fund and safe your capital. For that you need to use proper risk management and research about coin. You need to keep update yourself about market. If you playing safely then earning money through trading is not hard.

Join my teligram channel https://t.me/Cryptoblas
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August 27, 2020, 12:52:35 PM
 #334

One of the main influencer for people to trade is the over exaggerated and over hyped ads. These people thinks trading is easy. After lossing enough from trading, that's the time they give up and start talking sh*t how bad trading in crypto was, when the reality is these people didn't even understand the fundamentals of crypto trading.
What most people needs to acquire and understand in trading is patience and experience.

Those people become over exaggerated who have less experience and knowledge on trade and also has less patience. So I am totally agree with you. For making trade, patients is must required. Then by applying the knowledge and experience in different situation, a person can be a successful trader.

Adequate knowledge is required to trade. They jumped on the bandwagon to make money without knowing about the trade. Having no idea about the market i lost everything and ran away from the trade. Knowledge and ignorance as well as hard work. Making money is as easy as it gets. The opportunity to acquire knowledge as well as plan successful traders.
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August 27, 2020, 04:55:06 PM
 #335

In addition, it is another reason that the majority of traders have recognized for me. They say it is an extremely stressful job but also very free. For that reason, they spend all their time trading and when the position opens and the price starts to run, that's when they feel the most pressure. I also tried being a day trader and I couldn't pass the test for 1 week. A job that requires high concentration and always has to keep mentally stable is really difficult for me and a lot of people.

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August 28, 2020, 09:09:24 AM
 #336

I don't. I actually run towards trading cryptos  Grin

Well, actually ran from 1 instrument to another . . . . . forex -------> cryptos

It's fantastic!
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August 29, 2020, 09:41:38 AM
 #337

Those are the best what you explained on the thread .Trading is a tough way to earn money .You need to gather all of your quality to reach the level .I also think you have to be patience ,money management ,risk free trade and don't be greedy as well .You also need to eye on the market always what's going on every seconds .Most of the trader can not control all of those things that's they make loss and stay away from trading.

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August 29, 2020, 03:57:39 PM
 #338

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.

This so important reasons to know before trading and while trading and the most important thing is to be patience Wink!!
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September 05, 2020, 11:00:55 PM
 #339

It is for 2 simple reasons. First is that there is no strategy to work with, which eventually leads into losses. While the 2nd reason is the broker. Fortunately, I have both these parts covered through FreshForex, as it is one of the best broker to work with. It helps big time and allows me to do well.
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September 06, 2020, 11:09:16 AM
 #340

I've been trading Crypto and forext since 2015. My advise is not to put lots of money in your account specially if you don't know how the Cryto trading is. you need to know how and when to trade. you can't trust your guts when trading online it will only leads to loss of your money.
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