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Author Topic: Why people run away from trading!!!  (Read 3087 times)
Kelvinid
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May 11, 2020, 01:36:24 AM
 #121

Crypto trading is more advantageous than other trading. Alot of people see it as a money bag , they just jump in immediately they have little knowledge about trading or done some little predictions. After some losses they run out and say it's not for them. Always take your time in anything you will do in trading , learn how to earn and how to lose. Then take caution on things that causes loss to make more profit.
I support that. The openness we have the more we learned and humbly accept the reality either we lose or gain. People mostly get wrong when thining about easy money in trading. That was a stupidity jumping in here without knowledge, they are just to become prey. Whales are waiting with them. But if they learn their mistakes, then they'll might change their mindset.

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May 11, 2020, 02:17:15 AM
 #122

and there will also be mental and health cases. Although I am doing quite well and my daily profit is quite good, I cannot stand the nature of the job. I have an account with a lot of money and every time I open orders I get nervous. My whole day was just sitting in front of the computer and always worried, my life was not as interesting as it used to be. I turned to speculation and it made my life much better. I had a full time job and had more friends, besides that I still made money.


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May 11, 2020, 02:25:00 AM
 #123

Crypto trading is more advantageous than other trading. Alot of people see it as a money bag , they just jump in immediately they have little knowledge about trading or done some little predictions. After some losses they run out and say it's not for them. Always take your time in anything you will do in trading , learn how to earn and how to lose. Then take caution on things that causes loss to make more profit.
I support that. The openness we have the more we learned and humbly accept the reality either we lose or gain. People mostly get wrong when thining about easy money in trading. That was a stupidity jumping in here without knowledge, they are just to become prey. Whales are waiting with them. But if they learn their mistakes, then they'll might change their mindset.
But the price is too expensive. the pro traders that I met, they had to go through bitter things in the first years of trading. Someone has failed for 5 years in a row and has a bank debt of up to $ 400k to get a huge amount of knowledge and great trading psychology.
and not only for him, the loss rate of new traders is usually around 90% - 95% due to lack of experience in capital management and unstable trading psychology. in order to master it, we have to trade a lot of things, I don't think just recognizing our mistakes is enough. Wink

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May 11, 2020, 11:30:11 PM
 #124

There are many reasons depending on the individuals. So we can’t really single things out but anyhow, I believe wrong strategies, brokers and lack of management are some very common logics of why people shut out when it comes to their trading career.
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May 12, 2020, 05:24:15 PM
 #125

I want to say that typically seen on charts, occurs when trading activity skips sequential price points, usually driven by intense investor interest. In other words, there was no trading, defined as an exchange of ownership in a security, between the price point where the runaway gap began and where it ended. The gap and go strategy is when a stock gaps up from the previous days close price. If you're looking to do gap trading successfully then the most common strategy so we trading to identify the trading range. Rising above that range signals a buy, while falling below it signals a short.

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May 12, 2020, 05:54:27 PM
 #126

I knew someone who has successful trades in Paper trading but failed in actual trading. It's either that trader was over confident or he has still problem reading technical and fundamental analysis. Remember that our enemy is the market's volatility and the whales out there.
 Those who are running away and giving up trading will not make them a successful one. There are a lot of traders out there who losses much but still not giving up.
 
 Someone said to me that focus on "how you lose" than "why you lose" to know which part of trading are we failing to achieved.
This is not as odd as you may think it is, being able to make profits when you paper trade is really not that difficult, you can find hundreds of strategies on the Internet about how to make money in the markets and when you test them you find out that they work, so how is it possible that so many traders are long term losers? And that is because many are unable to deal with the pressures of trading with real money, the fear and greed that they feel clouds their judgement and they are unable to take the right decision that they know they should take losing money in the process.

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May 12, 2020, 07:03:40 PM
 #127

a common reason is losing a lot of money...
without preparation, trading is just like playing gambling, this is the reason why risk management is really needed when starting trading, holding back and learning more about risk management is the best way for you to start trading.



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May 12, 2020, 08:58:31 PM
 #128

Have tired with lost always and make many trader run away from trading with bitcoin and altcoin, but if keep get profit with trading is not have the reason why leave trading and keep going on until get much profit every day.

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May 13, 2020, 03:17:06 PM
 #129

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.

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May 14, 2020, 11:40:02 AM
 #130

First of all, trading is a huge nervous tension with which not everyone can cope both in the short and long term.
This is primarily due to the fact that people use their savings for trading without following any rules, which leads to severe frustrations in case of losses.
Many experienced traders tell their success stories that began with a few complete loss of deposit. Those who survived these crises became successful over time.

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May 14, 2020, 01:41:34 PM
 #131

Today there are a lot of people making more money with the use of trading because they are already skilled and know the possible outcome and the possibility of the coin to make a good market profit or outcome. Still, there are some people would like not to want to make trading because first some of them are already a trader and get traumatized because they lose already a lot of money in trading and some of them don't want really go into the world of trading and don't want to take any risk which they highly prefer. Some of the common mistakes of the trader for me and base on my experience too is having lack of confidence and does not take time to wait because some of them are afraid losing their funds which is not good you considering your self to deep dive into the world of trading and crypto if there is money involved it is already full of risk and you can not make a mistake because there is a consequence you will lose your funds trading is all or nothing and it depends on you how it will run.

Also, you want you can reduce the leverage of your trading but still you cannot make an escape to the liquidity of the market trading but still knowledge is the most powerful thing we may have.

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May 14, 2020, 08:09:06 PM
 #132

And why not!

That it is wrong for people to flee to commerce, which you see as normal or practical does not mean that it has to be for everyone.

The really strange thing would be that everyone adopted e-commerce quickly, organically it is not for everyone.

Those of us who have the opportunity to see ourselves involved with other types of Fiat currencies see this type of transaction as normal, but in the practical reality of people's lives, it is not So.

People do not like active participation in the "investment" they like to earn money as a result of putting their money in any kind of asset. But they don't like the process.

The process of trading is perceived to be absolutely easy and accessible to all, the action of buying and selling does not generally require any special restrictions other than money.

That is the perception, but in reality that process is very complex and when people realize that it is not a simple purchase and sale, they prefer not to continue and of that group those who stay adopt the hodl for condition.

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May 15, 2020, 01:16:57 PM
 #133

Many experienced traders tell their success stories that began with a few complete loss of deposit. Those who survived these crises became successful over time.

Because they are not giving up, they go with their goal and they learn from their mistakes to survive until they become successful.

Also, the mindset is very important, if as a trader you think that it's easy to make money here though you haven't proven anything you, you'll likely lose and regret in the end if you will not learn and change that mindset.

Thing is, some traders only look at the result, when they see a trader who are successful, they tend to follow what a trader is doing and expecting easy money so they never succeed because there is no short cut of process for a traders to go with his journey, it always start from the very beginning and slowly you'll improve until you become consistent.

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May 15, 2020, 10:42:41 PM
 #134

Many experienced traders tell their success stories that began with a few complete loss of deposit. Those who survived these crises became successful over time.

Because they are not giving up, they go with their goal and they learn from their mistakes to survive until they become successful.

Also, the mindset is very important, if as a trader you think that it's easy to make money here though you haven't proven anything you, you'll likely lose and regret in the end if you will not learn and change that mindset.

Thing is, some traders only look at the result, when they see a trader who are successful, they tend to follow what a trader is doing and expecting easy money so they never succeed because there is no short cut of process for a traders to go with his journey, it always start from the very beginning and slowly you'll improve until you become consistent.

that is actually the mistake here, most new crypto traders are thinking that trading in crypto is like digging gold but it's not. so if they experienced loss even one time, they will run away and will say bad things towards crypto even if they haven't fully understand the true nature of it. but for those who persevere, they will gain a lot of strategies, and later on, their effort will be paid off. because in any trading, you should have patience, learn the trade, know the market, learn TAs that will possibly guide you for an in depth analysis of what's going on and also, don't forget to read the news, sometimes you can get information that are valuable and will help you understand the sudden dips or pumps..
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May 16, 2020, 02:55:20 PM
 #135

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.

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May 16, 2020, 07:01:14 PM
 #136

Everything that you said is true, knowledge, risk management and patience are equaly important when it comes to trading. However, not all traders are aware of that and trading is not for everyone. It's much more harder and demanding as it might seem at first glance.
Some had bad experiences, some accumulated too much loss, some can't handle stress so there are different reasons why people quit trading. If teading was easy then everyone would make money that way.

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May 16, 2020, 08:31:24 PM
 #137

When people keep losing more money which is not affordable for them to lose then they will run away from their trading its not bad though if they realize that before losing all of their money.But when someone keep making profits and losing at the same time due to lot of factors then they should follow different strategies like money management, increase their trading skill will help them to reduce the losses and will make them to be in profits overall.

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May 16, 2020, 09:33:08 PM
 #138

When people keep losing more money which is not affordable for them to lose then they will run away from their trading its not bad though if they realize that before losing all of their money.But when someone keep making profits and losing at the same time due to lot of factors then they should follow different strategies like money management, increase their trading skill will help them to reduce the losses and will make them to be in profits overall.
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.

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Findingnemo
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May 16, 2020, 10:57:04 PM
 #139

When people keep losing more money which is not affordable for them to lose then they will run away from their trading its not bad though if they realize that before losing all of their money.But when someone keep making profits and losing at the same time due to lot of factors then they should follow different strategies like money management, increase their trading skill will help them to reduce the losses and will make them to be in profits overall.
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.
Even aiming for 10% overall profit for a month is okay but expecting doubling in a month or in days will result into getting rekt so just take risks only if the goal is reachable or better don't take any risk, just go with holding bitcoin for years which will give same amount of profits with less to no efforts.

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May 17, 2020, 01:11:04 AM
 #140

You have stated very good reasons why people avoid trading, but you seem to have left out the most important, which is fear.
Most people avoid trading due to the fear of losing out their funds, and even though it seem enough reasons, it despicts the fear of failure.

That is, before you can be a trader, you must be open to failing on trades, but aim to make more profits. than the loss
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