Paycoinzzz
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July 02, 2020, 01:23:35 PM |
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People often think that trading coin is easy because they only buy and wait to sell at high prices. when in the subjective mood, most people are often punished by Mr. Market and of course I was once a victim The important thing here is that this job is really hard and it's not for everyone. There are people who are very knowledgeable about TA knowledge and capital management but cannot manage emotions and always suffer heavy losses. Many people live too emotionally that they will not be suitable for trading so they leave, it is not really because they do not understand.
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amiraja2
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July 02, 2020, 03:14:25 PM |
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before you jump into trading, you might first have to understand about this digital money in order to understand the purpose of trading, not just buying and selling, but must be based on clear information and trade knowledge. I know so many deep traps that make people lose hope of trading, but we have to understand that it makes us stronger in the future
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sulendra12
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July 02, 2020, 06:31:05 PM |
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It's not that people actually run away from trading, I'd say they are afraid that losing money because they have no knowledge about anything on trading. I mean, you will lose sometime but most of the newbies are really afraid to start because other people said the tips to be better and research yet they didn't say how to do a good "research"
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spike420211
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July 02, 2020, 08:43:15 PM |
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It's not that people actually run away from trading, I'd say they are afraid that losing money because they have no knowledge about anything on trading. I mean, you will lose sometime but most of the newbies are really afraid to start because other people said the tips to be better and research yet they didn't say how to do a good "research"
This is not a good study. Suppose you were able to conduct an excellent study of the graphs and you are absolutely sure that your forecast will be correct. You enter a deal and wait. At the right moment, something incredible is happening, and the market is acting absolutely not logical and unpredictable. What's the catch? Have you done a bad research? Or are there forces on the market that introduce too much error into any calculations due to their unpredictability?
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BuNga_cute
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July 02, 2020, 10:57:06 PM |
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Most people underestimate trading, then confidently use large capital and even use loan capital from banks. In the end suffered losses and ran out of capital, then decided to run away from trading. Though trading is not as easy as imagined, not just buying at low prices and selling at high prices. There is another very important factor, knowledge and experience, having both of these should not have to run away from trading.
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Quidat
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July 02, 2020, 11:22:10 PM |
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It's not that people actually run away from trading, I'd say they are afraid that losing money because they have no knowledge about anything on trading. I mean, you will lose sometime but most of the newbies are really afraid to start because other people said the tips to be better and research yet they didn't say how to do a good "research"
This is not a good study. Suppose you were able to conduct an excellent study of the graphs and you are absolutely sure that your forecast will be correct. You enter a deal and wait. At the right moment, something incredible is happening, and the market is acting absolutely not logical and unpredictable. What's the catch? Have you done a bad research? Or are there forces on the market that introduce too much error into any calculations due to their unpredictability? Anything can happen and these factors do exist from time to time or on least expected thats why it isnt really surprising that people do really make mistakes no matter how hard they do believe on that their analysis was perfect or precise according on what they had plotted but we know that market isnt really sometime that can easily be predicted specially here on crypto space where news and technicals would give out immediate effect depending on how to the community would react to it which means this will really affect bigtime into your trading system but doesnt mean that you would easily ran-off once you experience such situation.
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bitgoldpanther1978
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July 03, 2020, 10:11:11 AM |
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They run away because of fear, in terms of losing their capital if they do trade in the exchange platform. But if anyone has a full idea and enough knowledge about in crypto trading, it will become easy for the new individuals to do some activity in trading for sure.
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Fredomago
Legendary
Offline
Activity: 3150
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
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July 03, 2020, 10:21:07 AM |
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Most people underestimate trading, then confidently use large capital and even use loan capital from banks. In the end suffered losses and ran out of capital, then decided to run away from trading.
Indeed, there are people who didn't manage to study first the business but dive in and huge amount of investment, when lose they'll quickly runaway. Though trading is not as easy as imagined, not just buying at low prices and selling at high prices.
That's mentality should be corrected, this business is not as easy as it is, there are many factors that needs to studied before you start your journey. There is another very important factor, knowledge and experience, having both of these should not have to run away from trading.
If you have that tools, your stay will be much profitable, as long as you have the knowledge and the attitude to pursue and succeed you'll be able to survive.
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spike420211
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July 03, 2020, 10:27:57 AM |
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It's not that people actually run away from trading, I'd say they are afraid that losing money because they have no knowledge about anything on trading. I mean, you will lose sometime but most of the newbies are really afraid to start because other people said the tips to be better and research yet they didn't say how to do a good "research"
This is not a good study. Suppose you were able to conduct an excellent study of the graphs and you are absolutely sure that your forecast will be correct. You enter a deal and wait. At the right moment, something incredible is happening, and the market is acting absolutely not logical and unpredictable. What's the catch? Have you done a bad research? Or are there forces on the market that introduce too much error into any calculations due to their unpredictability? Anything can happen and these factors do exist from time to time or on least expected thats why it isnt really surprising that people do really make mistakes no matter how hard they do believe on that their analysis was perfect or precise according on what they had plotted but we know that market isnt really sometime that can easily be predicted specially here on crypto space where news and technicals would give out immediate effect depending on how to the community would react to it which means this will really affect bigtime into your trading system but doesnt mean that you would easily ran-off once you experience such situation. News and technical news had an effect 2 years ago. Now in very rare cases, such a news analysis can be considered effective, but still glimmers do happen. People run primarily from complexity. Realizing that there is no easy money to make, they understand that this is not an easy task for success in which you need to spend a lot of effort and time. Some people understand that they like it and stay, others refuse and thereby make the most correct decision for themselves.
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Timmzzy
Member
Offline
Activity: 785
Merit: 34
SOL.BIOKRIPT.COM
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July 03, 2020, 02:05:49 PM |
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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.
There is a whole lot of grammar errors on this information you are trying to pass out, please try to check well before you drop your contribution. The grammar errors can just give one an heart attack. 😂😂🤣
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chikading2016
Member
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Activity: 949
Merit: 48
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July 04, 2020, 04:17:08 AM |
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Everyone of us has our own way of choosing on what we are going to do if there are something that need to be address or done specially on trading, trading is not an easy task o maybe way to earn money many people earn and there are also people that is not lucky on this feild and they choose to run away on it without looking back it is thier choice so we need to respect them maybe they loss a lot of funds and they dont want to loss more we should respect them.
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Freddy11
Jr. Member
Offline
Activity: 391
Merit: 1
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July 04, 2020, 10:54:33 AM |
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One of the common reason is due to wrong brokers, as once a newbie get scammed, he/she loses interest. While not learning properly is also something that is equally challenging and makes a lot of people close out.
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Gafman (OP)
Jr. Member
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Activity: 131
Merit: 4
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July 05, 2020, 01:54:32 PM |
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Everyone of us has our own way of choosing on what we are going to do if there are something that need to be address or done specially on trading, trading is not an easy task o maybe way to earn money many people earn and there are also people that is not lucky on this feild and they choose to run away on it without looking back it is thier choice so we need to respect them maybe they loss a lot of funds and they dont want to loss more we should respect them.
I get your point..... But the first rule in trading is only use the amount you can lose..... If any trader can’t stick to that personally i think Trading is not meant for them
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│▌██ DeFi.ComPro.Finance ██▐│ The DeFi Way of Synthetic Assets & Trading
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XZERO1
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Activity: 518
Merit: 33
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July 05, 2020, 03:13:20 PM |
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One of the worst mistakes one can do while attempting to trade or learn how to trade is use the money they can not afford to lose. For example trying to trade using Life savings, borrowed money or Loans. If things go South. It can be catastrophic and can lead to Post traumatic Stress Disorder due to the heavy losses incurred.
Well said, that's exactly what many people do and because they can not afford to lose the amount they are trading with, they tend to make many mistakes since when they are highly stressed their emotions will be the decision maker for them and not their mind and they usually regret their decisions immediately afterwards too which is another sign that they are not trading based on reasoning but only based on their feelings at that moment.
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AakZaki
Legendary
Offline
Activity: 2338
Merit: 1084
zknodes.org
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July 05, 2020, 10:41:50 PM |
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Everyone of us has our own way of choosing on what we are going to do if there are something that need to be address or done specially on trading, trading is not an easy task o maybe way to earn money many people earn and there are also people that is not lucky on this feild and they choose to run away on it without looking back it is thier choice so we need to respect them maybe they loss a lot of funds and they dont want to loss more we should respect them.
yes we must respect everyone's decision about all his choices such as the choice to escape from his trade. But as a beginner or professional trader, running away will only solve one problem and waste money in vain. The best choice besides running away is, take a short break in the world of commerce, learn the science of fundamental and technical analysis, it will be better. learning the right basic trading will not make it run away from trading. trade is not easy, only people who want to learn can do it.
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lienfaye
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July 06, 2020, 10:23:57 AM |
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I get your point..... But the first rule in trading is only use the amount you can lose..... If any trader can’t stick to that personally i think Trading is not meant for them
Indeed its a simple rule that not everyone can follow because of greed to earn huge if you use a big capital. We think its a guarantee that you can succeed as a trader so it wont be hard to get back the capital you use. But we know thats not the case, it seems easy to be a trader but there's more to learn and we need to gain experience. Also it takes guts and a lot of patience, so if you cant follow this simple rule then it will be hard if you experience to lose.
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TitanGEL
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July 06, 2020, 02:03:29 PM |
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For sure that those traders who give up in trading are the traders who experienced psychological wipeout because of their poor risk management skills and also their poor technical analysis skill. They become fearful to make investment again in the market and it is the reason why they are now ignoring and running away from it. We cannot blame them because we do not experienced what they experience. If I will lose a lot of money in trading, I will not quit like them and I will make sure that I will regain it by doing hardworking more.
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Shasha80
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July 06, 2020, 02:55:54 PM |
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Most people who give up trading usually have quite bad experiences, such as losing all of their capital. So these people decide to run away from trading, and consider themselves not suitable for trading. Though are like that very wrong. Everyone has the same right to succeed in trading. All we have to do is learn strategies about trading, and also increase trading experience. So you can succeed in trading, if successful in trading, of course reduce the number of people who intend to run away from trading.
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Majharul Saiif
Member
Offline
Activity: 512
Merit: 10
BountyMarketCap
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July 06, 2020, 05:12:35 PM |
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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.
To be successful by trading, you must have dedicated mind set up for it and need determination. Because, lack of knowledge is also responsible to run away from trading. Patience is the key to success. So, keep patience.
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wozzek23
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July 06, 2020, 09:07:20 PM |
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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.
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