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Author Topic: Trade isn’t for Me guys.  (Read 2012 times)
CryptoYar
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June 13, 2020, 11:15:26 AM
 #21

My Luck is not for Trading, I think Trading is not for Me.  I try it many time, and i understand that trade isn’t for me. Every time i lost my Satoshi on Buy/Selling,  becouse i haven’t any expression about Coin Chart, buy, sell and about more.          
If you fail in any work, it doesn't mean that you can never do that work.
I have seen your profile. You join many bounties, if some bounties do not give you profit, then you will also leave this(bounty hunting)?
I don't think it would be good to do this, In the same way, you should keep trying, one day you will become a successful trader. And watch videos on Youtube about Crypto trading, maybe you can find some good tips or methods.




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June 13, 2020, 12:52:23 PM
 #22

My Luck is not for Trading, I think Trading is not for Me.  I try it many time, and i understand that trade isn’t for me. Every time i lost my Satoshi on Buy/Selling,  because i haven’t any expression about Coin Chart, buy, sell and about more.          
Trading is for everyone but I an surprised that the OP has already concluded that trading is not for him because he makes losses simultaneously which was through his mistakes of not doing the right thing (which is learning the basic characteristic of crypto trading) first before he joined crypto traders.
Nevertheless, every experienced and successful trader you see today also started with lost before learning from their mistakes which lead to their betterment of today.

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June 13, 2020, 01:02:16 PM
 #23

My Luck is not for Trading, I think Trading is not for Me.  I try it many time, and i understand that trade isn’t for me. Every time i lost my Satoshi on Buy/Selling,  becouse i haven’t any expression about Coin Chart, buy, sell and about more.          
It will never be a failure if you don't give up. I also used to be a big loser in margin trading and forex trading. But then I rested and looked back on the stupid things I did. After that, I started to learn more about trading knowledge, read some of the best ways to manage capital, and now I am gradually regaining what I lost. Here, the special thing that I would recommend is that when trading never listen to others. It will only make you more distracted and easier to lose.


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June 13, 2020, 01:45:31 PM
 #24

If you give up already all the hard work and money you lose will go to nothing. Don't expect to get profit too quickly it's not gonna work that way and even the experience traders can also lose if their analysis goes wrong. You have already there so continue with what you started, I'm also a beginner in trading but I found out that its really hard to learn about. It really takes a lot of time before you can do your own trading strategies and indicators.

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June 13, 2020, 02:20:38 PM
 #25

his many tries is useless because it looks like he aint learning from his mistakes  . he already said that trading is not for him so i assume that he is already giving up , better end that way than continue donating money  . he can use that money on more useful things  or he can just donate it to covid victims  .  trading need some luck element too but not too much , if you dont know how to analyze or you are just lazy to do it  why not seek for others  advice there are many good traders on here that shares thier trading knowledge for free which we can use

In trading, nothing is easy especially if you're a newbie and you're just starting to learn more about it. I just want you to know that mistakes are essential and is a part of it, it is impossible for you to not to have a mistakes if you're a beginner. Don't say trading is not for you, but keep in mind that the reason you tried it is because you want to grow more.

You should've start it with yourself, you need yourself to grow more before your assets. It should start with you, if you work hard to learn and become better in trading, then things will fall in to its own place. Don't give up if you still can do it, I know it is not that easy but you need to endure it.

Be courageous every time you trade, nothing is certain in this world, every thing requires effort and hardships. I don't want you to have that mindset towards trading, in cryptocurrency, you should be patient and wise.

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June 13, 2020, 03:20:37 PM
 #26

Try another if you are having a difficult time with bitcoin trading.
Different pair.
Maybe ETH/USD or XRP/USD.
It should not end just like that. Don't forget to not base it on luck also. That is not how it works.
You need to spend time monitoring the prices and also how much you are trading to see the results better.

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June 13, 2020, 04:10:55 PM
 #27

My Luck is not for Trading, I think Trading is not for Me.  I try it many time, and i understand that trade isn’t for me. Every time i lost my Satoshi on Buy/Selling,  becouse i haven’t any expression about Coin Chart, buy, sell and about more.          
It is very difficult to trade on the futures market, but for the spot market I think it will be different,
I already have experience in the spot market for more than 2 years, and indeed the emotions are more controlled in the spot market

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June 13, 2020, 04:11:33 PM
 #28

In the past on this forum, there had been a lot of people shared about quitting trading and that this community has been always tried to convince them to learn and then to proceed their trading; not sure what has happened to them after that but there are responsible community members here who are always suggesting about learning so that people will never need to leave off crypto trading.

There cannot be anything to do when people are getting frustrated and then deciding to quit trading, other than suggesting them to take a break and then try to focus on learning part of trading.

I never agreed to the myth of trading is not for everyone. Definitely it is suitable for everyone because there are different kinds of trading approaches are available and definitely at least one type of trading will be profitable for OP as well. I'm seeing a lot of people are sharing like long-term holding of bitcoin is profitable way of trading for them; I believe it is more suitable for any trader.

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June 13, 2020, 06:07:19 PM
 #29

My Luck is not for Trading, I think Trading is not for Me.  I try it many time, and i understand that trade isn’t for me. Every time i lost my Satoshi on Buy/Selling,  becouse i haven’t any expression about Coin Chart, buy, sell and about more.          

I understand how you feel, because most of the newbies and inexperienced ones are having the same journey as you. I was there like you too, been there done that. You're not the only one who has this kind of issue.

Trading is not an easy game as it seems. From the beginning, there were always learning curves. As your skills go up, the difficulty goes higher as well, and it's totally up to you if you want to continue or not.

I have to agree that trading is not for all of us. Not everyone in the cryptocurrency and blockchain space are focused on trading. However, if you really want to master cryptocurrency trading, you need to educate yourself by becoming a skilled cryptocurrency trader.

There are lots of sources for you to get educated in becoming a skilled trader such as Youtube videos from crypto traders, NewsCrypto, TraderCobb, Udemy, Trading Heroes and so on.

No one is forcing you to continue though. If you give up, then that's your decision and not ours.

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June 13, 2020, 06:22:54 PM
 #30

My Luck is not for Trading, I think Trading is not for Me.  I try it many time, and i understand that trade isn’t for me. Every time i lost my Satoshi on Buy/Selling,  becouse i haven’t any expression about Coin Chart, buy, sell and about more.          

You start with the adjective of luck! Well, you are already in trouble if you enter with the mentality of starting to trade by luck.

The trader is open to everyone, but you must understand what you want to do;
e.g. just having dollars does not mean that you are going to enter the world of currency trading.

You can change your dollars ....because you simply go on a trip to another country and you exchange to the local currency, then after some expenses you have some coins (Fiat) and you want to exchange them into dollars, but this time there are three exchange houses and they all offer a different currency exchange, you choose the one that suits your conditions In general, a better currency exchange requires higher amounts, others pay less but accept small amounts, etc.

Or simply at that moment that you change you get the price of the day to change to dollars, but maybe you did not even realize all that process, because you only want to pass your dollars to local Fiat and then from the local fiat to dollars.

In cryptocurrencies it is no different, many only invest or receive payments and need the money for whatever reason, so there is no time to evaluate much and they exchange.

But some, I assure you that they begin to realize with the time of fees, the volatility of bitcoin (eg) and then at least they begin to understand that their profits can be better if they start studying the market, when that happens a merchant is born who wants to start earning income from the sale and purchase.

So, it is not that the trading is not for you, it is that you are not preparing for to trading or you just do not know very well what you want to do.

__-___
There are many types of traders:
1.-The one who simply needs to make a change for whatever reason, food, emergency, responsibilities, etc.
2.-The one who arrives and simply makes exchanges, has no idea what he is doing. *
3.-The one who says "I want to become a millionaire"
4.-He who sees the price rise and sells or buys.
5.-The one who wants to make Hodl.
6.-The one that makes Hodl and adds more coins.
7.-Some other that escapes me and I have not named.
8.-The one that is in all the previous ones, but is no longer in number 2 (*)
9.-The one who learns that number 3 is not so easy and understands that trade is more than just "selling or buying"
9.-The professional merchant is always there to buy or sell, no matter the price, the day, the hour, it is his main income, the profits pay his bills.

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June 13, 2020, 11:51:19 PM
 #31

My Luck is not for Trading, I think Trading is not for Me.  I try it many time, and i understand that trade isn’t for me. Every time i lost my Satoshi on Buy/Selling,  becouse i haven’t any expression about Coin Chart, buy, sell and about more.          

I think the solution to your problem is to learn more and have more knowledge about how trading really works, it will really go a long way in helping you make profit. I don't know for how long you've been trading but i can assure you that even the pro traders we know today have somewhat been in your situation and probably thought about giving up to. In as much as luck plays in trading, knowing how the market work is really the key factor for making profits, you should learn about the concept of trading
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June 14, 2020, 02:53:38 AM
 #32

Trading is not easy, so you should accept that you may lose your money when doing it, there are many failed stories about trading and you are one of them, even me I lost my money as well in trading before because I am only a beginner when I tried trading, but when you get experience, knowledge and skills trading would be now easy for you, there is no 100% win date in trading but if you have those three it will lessen the possibility of losing your money, that is why experience is really good and we really need because it makes us learned new things.
 
Is not easy to trade mate  Grin but don't get tired trying if you have desire for it but if you can't and you don't know how to get help. It is better you can quit finally so that you don't have to continue losing money. Money is not coming easily this pandemic time.
Well said, quitting is not the best choice because it's really normal when you lose your money in trading if you quit trading then you wouldn't be able to turn back those money that have lost to you.
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June 14, 2020, 04:59:56 AM
 #33

Nobody made a good cut on the entirety of their trading journey. I'd say, you'll always be encountering unfortunate events even if you feel that you're already good at it  Tongue.

You shouldn't feel bad, bad experiences often leads to good result, what I am tryin' to point out is that you knew yourself how upsetting not getting the profit you expect, and worse is you just loss hence, you'll keep on doing better than before. Just keep on doing what you do and avoid silly mistakes you did last time, and take what you experienced now, and you'll be encountering (bad or good) soon as a lesson so you will do less wrong in the future. No one is perfect in this path, remember that  Wink.
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June 14, 2020, 05:18:41 AM
 #34

My Luck is not for Trading, I think Trading is not for Me.  I try it many time, and i understand that trade isn’t for me. Every time i lost my Satoshi on Buy/Selling,  becouse i haven’t any expression about Coin Chart, buy, sell and about more.          

Luck is not that important in trading, but you have to develop rock-solid discipline and you need to find a way to control your emotions. Don't get me wrong.. statistics show that the majority of people are not "made for trading" - but that's mostly because they quit in the first months of losing or 1 year. If you really want to be a trader you will find a way to be profitable if you put in the hours to study the markets and learn from your mistakes.

Trading is about having a working strategy and sticking to it. It doesn't have to be more complicated than that. Wink
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June 14, 2020, 06:20:38 AM
 #35

My Luck is not for Trading, I think Trading is not for Me.  I try it many time, and i understand that trade isn’t for me. Every time i lost my Satoshi on Buy/Selling,  becouse i haven’t any expression about Coin Chart, buy, sell and about more.          
My little advice — Don't trade a coin/token if you don't have a chart for it. Two — Don't trade a chart if you don't understand Technical Analysis.

There are numerous tokens you can't find on the Tabtrader app, perhaps because the exchanges they're listed on aren't on the Tabtrader, avoid such tokens. Don't trade them as doing so will be trading blindly and on guesses. It's tantamount to winking in the dark.

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June 14, 2020, 01:31:07 PM
 #36

My Luck is not for Trading, I think Trading is not for Me.  I try it many time, and i understand that trade isn’t for me. Every time i lost my Satoshi on Buy/Selling,  becouse i haven’t any expression about Coin Chart, buy, sell and about more.          
to learn the science of trading does take time, there is no instant for success,
you can learn from your mistakes and do it again do not give up

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June 14, 2020, 04:39:15 PM
 #37

-snip-
Nevertheless, every experienced and successful trader you see today also started with lost before learning from their mistakes which lead to their betterment of today.
That is an important point that should be noted by beginners especially me too. Experienced traders also experience a phase where they become a novice trader who starts trading with ignorance and lack of knowledge about trading. They also suffered significant losses. Beginners only see the profit they (professionals) get, without seeing the loss.

The OP seems to have given up on trading because it always loses. That is indeed natural. Trading is not only about profit and loss, but it is also related to the mental state when trading.

learning from mistakes, making improvements every day and learning to trade properly will certainly be very helpful, as long as it's not lazy and has to keep growing.

R


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June 14, 2020, 05:01:16 PM
 #38

...         
Traders are not born but the results of experience...
Trading is not a talent that you get from birth, all the best traders today are the result of the hard work of years of experience, should You say: "my mental is weak, trading is not right for me".



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June 14, 2020, 05:11:57 PM
 #39

It is not right to blame your fate before learning to trade. Learn first, then try, then blame fate. If you can spend time learning to trade then we can help you with some e-book and youtube video links. You should do demo and study for at least some time before trading otherwise trading on speculation only can lead to loss of funds.
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June 14, 2020, 05:31:07 PM
 #40

My Luck is not for Trading, I think Trading is not for Me.  I try it many time, and i understand that trade isn’t for me. Every time i lost my Satoshi on Buy/Selling,  becouse i haven’t any expression about Coin Chart, buy, sell and about more.          
There is no shame on not being good at something, it is important that you have come to that realization so you do not waste more time, energy and money in something in which you are not good, however did you actually make a decent effort to become a good trader? What I mean by this is that many try to trade without even taking the time to read a book about the topic or testing their system, and without that then your chances of success are zero, however even if you did that there is no guarantee you will succeed as you could still make many mistakes due to your inexperience.

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