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Author Topic: Trade isn’t for Me guys.  (Read 2076 times)
CoinFoxs
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June 22, 2020, 05:24:25 PM
 #101

Definitely LUCKY traders make more profits than unlucky traders but trading does not only depend on luck, there are other factors involved that make you a good trader. The very important one is the market survey if you have knowledge about the market then you will easily make profits by investing. Just keep in touch with crypto news and invest at the right time on right coin.

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June 22, 2020, 05:41:21 PM
 #102

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.          
This is not only for luck, this is all about knowledge and technique which you have to use there. By the way, I have also lost but still I have patience and still I hope for the best in the coming days. Do some research and try to use it, by this following way, you won't be hopeless so far I can say from my experience

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June 22, 2020, 05:49:04 PM
 #103

Definitely LUCKY traders make more profits than unlucky traders but trading does not only depend on luck, there are other factors involved that make you a good trader. The very important one is the market survey if you have knowledge about the market then you will easily make profits by investing. Just keep in touch with crypto news and invest at the right time on right coin

You can't be lucky all the time

As it all balances out in the end -- I mean lucky and unlucky trades. What remains is your skills, expertise, and understanding of the game. However, to an outside observer, you may still appear as an insanely lucky person. But that's simply because people weigh other people using their own scales, so to speak. In other words, they think something is impossible (e.g. pulling in 20-30% monthly, month in and month out), while it is only impossible for them personally due to their own restraints and limitations

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June 22, 2020, 05:54:38 PM
 #104

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.          
This is not only for luck, this is all about knowledge and technique which you have to use there. By the way, I have also lost but still I have patience and still I hope for the best in the coming days. Do some research and try to use it, by this following way, you won't be hopeless so far I can say from my experience
Agree! If you think trading is based on luck, it's gambling! Even gambling, you have to have some knowledge! Therefore, don't ever think that trading is all about being lucky! Trading requires a lot of understanding, knowledge, skills that traders have to gain day by day! Failures in trading are also good lessons for traders!

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June 23, 2020, 08:20:23 AM
 #105

Definitely LUCKY traders make more profits than unlucky traders but trading does not only depend on luck, there are other factors involved that make you a good trader. The very important one is the market survey if you have knowledge about the market then you will easily make profits by investing. Just keep in touch with crypto news and invest at the right time on right coin.
for those who trade according to their plan, it will make them feel good about trading. well, in this case, actually I'm also not very good at trading, and I feel that that is not my expertise. so far, I only hold assets, and sell them when the price is right. if you want to trade, make sure that you know the chart movement. even though I say that I'm also not very good at trading.

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June 23, 2020, 05:14:09 PM
 #106

I agree that it is a personal thing and not a mind thing. I can spend days, or even weeks, even months to study how TA works and how trading works and get better, however I know that even if I get awesome at it, emotionally speaking I am not fine with all the ups and downs of the trading world and I would psychologically wouldn't be ready for it. That is why I agree that right now there is really not that much I can do to convince "myself" in the regards of trading.

I however found that investment is much better for me, sure there are ups and downs on that as well but I just put my money into bitcoin (and some other alts a bit) and I just wait, it could go up and down but I know that it wouldn't matter since I am in for the long term and no matter what happens in the short term wouldn't matter to me.

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June 23, 2020, 05:36:20 PM
 #107

The truth is that, for a trader to win, another trader has to lose.
>95% traders either quit or continue losing their money to just 3-5% of the world's most successful traders and that's how it works. For us to become a successful entity in this field only takes a lot of years, patience, knowledge and control. Trading is not an easy task, but for you to accomplish it, you need not to fomo in but play smart. You see? You lose more in the fee itself that you pay per your buy that you make for the coins you exchange your BTC. It's better to put limit orders and wait for the price to come to your desired level, that's how you can make good money. Better not to trade when the trade is not in our area. Take it as Ferrari and BMW - if you can afford BMW but are willing to drive Ferrari and somehow get a chance to drive it but you don't know how to do that (I mean, your driving skills are just average but that average is good for driving BMW) then I guess you should first learn the skills about driving a Ferrari and then go for it.

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June 24, 2020, 02:37:21 AM
 #108

You can try Bithumb Global, which is a simple and convenient way to trade BTC.
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June 24, 2020, 11:53:21 AM
 #109

Make a system
dont go all in
respect your leverage or margin
respect your SL
take profit
be patients
develop everyday
get up early
always take your best setups dont fomo - always gonna hurt bad
Last thing
only decide whats best for your money not dont let your mind be greedy .
1 trade or max 2 trade is enough for a day.
cash out profit whenever possible
start with less capital to have a command over yourself then go big .
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June 24, 2020, 06:30:21 PM
 #110

Do not try to give him directions on how he could become a better trader, sometimes it is not just about being a good trader or a bad trader. Sometimes it is about just not being for the trading world which is different than many other jobs, there is too many highs and too many lows and so forth where it is really not that easy.

Certainly most of it is about money but you can't really help someone to make more profit if they are not good at it and there is really no blueprint on how to make a profit on bitcoin because if there was there would be a ton of people using that including me and you and probably rest of the world because we all want to make profit. So, some people are not born traders and there is no way we could help them become one and should just let them be whatever they want.
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June 24, 2020, 08:05:05 PM
 #111

Everyone needs to decide for himself
I'm not for giving up on first sign of problem but I agree that trading isn't for everyone. It's very demanding and time consuming, risky and stresfull, so not everyone can handle that.
I think that everyone who decides to start trading needs to give everything form himsel but if along the way he realises trading is not for him, there is nothing wrong with that. In that case it's better to give up than to suffer losses, stress and constant frustration.
Truth,! Why would continue if we do saw that we are losing that much specially if you've been trading up for so long but the result are just the same?
There are really things which arent really made for us no matter how hard we do try.Its better to quit rather than forcing up yourself that the thing you are
engaging into should or does work.Trading isnt really for anybody and if it do make you stress and not enjoying on what you are doing then its better
to stop and find for another path or career since trading isnt the only investment or way to gain up profits.

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June 25, 2020, 02:19:41 AM
 #112

Congrats, at the very least, you made yourself understand that early on and could pretty much cut off any potential losses in the future. Don't get me wrong, I don't mean that in a bad way, there are people who are good at trading and naturally, there would be people bad at it. At the very least, you understand yourself that trading isn't for you.
Definitely LUCKY traders make more profits than unlucky traders but trading does not only depend on luck, there are other factors involved that make you a good trader. The very important one is the market survey if you have knowledge about the market then you will easily make profits by investing. Just keep in touch with crypto news and invest at the right time on right coin.
Even if we take into account luck, all that matters is that you either win or lost. 50/50. That's basically how I look at my trading, it's either I win, or I lose. No matter how much metric I actually use to measure the changes, it all leaves it up to the 50/50 chance of win/lose. Also, even if you get in touch with crypto news every day, even if you live your life for crypto, the market doesn't move that way. Hell, even if you watched the charts 24/7, there's no guarantee that you'd actually be able to predict the movement 100%.

 
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June 25, 2020, 02:40:45 AM
 #113

Do not try to give him directions on how he could become a better trader, sometimes it is not just about being a good trader or a bad trader. Sometimes it is about just not being for the trading world which is different than many other jobs, there is too many highs and too many lows and so forth where it is really not that easy.

Certainly most of it is about money but you can't really help someone to make more profit if they are not good at it and there is really no blueprint on how to make a profit on bitcoin because if there was there would be a ton of people using that including me and you and probably rest of the world because we all want to make profit. So, some people are not born traders and there is no way we could help them become one and should just let them be whatever they want.

Trading ventures always accompanied by ups and downs, the more you seek for the right strategy and timing the
better chances you'll be able to catch up.
Most of the time you'll encounter so many struggles when you are still starting from this venue of business, but the
more eager you are the better chances of succeeding.
It's all about how you'll manage the pressures cause even you have a good patterns to follow there's still chances that
you'll lose your position.

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June 25, 2020, 03:53:32 PM
 #114

Well it is really not easy to make money in trading. If you really give up in trading, how about invest or hold the coin for long until the price will increase, I think that is better than trading.
Investing is in fact different than trading and requires different skills but that does not mean that it is easier, an investor will need to hold his coins no matter what until it reaches his target price and this can be a very dangerous strategy especially if you want to implement this strategy with new altcoins, we have seen countless examples of people doing this over the years on the forum and getting awful results, as such you will need to know how to do your due diligence and the ability to know which coin is good to hold for the long term and which is not, but you will never know if you were right until it is too late making investing a very difficult way to make money.
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June 25, 2020, 05:01:02 PM
 #115

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 say your "luck" is not for trading? This means you think to make profit by trading, you need to be lucky? Well this is where you are wrong. Your trading profit does not depend your luck. It depends more on your experience and your skill.
You probably keep on making the same mistakes again and again. Try to see where you are going wrong and then come up with a solution!

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June 25, 2020, 08:27:04 PM
 #116

Well it is really not easy to make money in trading. If you really give up in trading, how about invest or hold the coin for long until the price will increase, I think that is better than trading.
Investing is in fact different than trading and requires different skills but that does not mean that it is easier, an investor will need to hold his coins no matter what until it reaches his target price and this can be a very dangerous strategy especially if you want to implement this strategy with new altcoins, we have seen countless examples of people doing this over the years on the forum and getting awful results, as such you will need to know how to do your due diligence and the ability to know which coin is good to hold for the long term and which is not, but you will never know if you were right until it is too late making investing a very difficult way to make money.
Investment aim is to gather more then hodl until the right time to sell comes, in short, this is for the long term target with high return. While trading is buying and selling in a short span of time, thus it means it's aiming for the short term with small return. Both is not that easy when you aren't ready for it, thus OP is not yet ready to dive in with the real market. I know trading is not for everyone but if you train, learn, and work hard for it I'm sure the results is worth it.

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June 26, 2020, 12:27:09 PM
 #117

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.          
Doing something without knowing about it will make you to lose your money, trading is also the same kind of thing.Each and everyone who is trading cryptos are losing at some point but what we have to do is to keep our profits more than our loss so we won't go bankrupt.Trading isn't for everyone but you are in need of making money in short term then trading is one of the best choice available but before doing it we have to learn the strategies, analysis and how to choose our coins based on our trading span.

I think that everyone can learn how to trade, but not everyone will become a real professional who can provide themselves and their family with profit from trading. But in any case, you should not be upset, because every trader still loses their money, but you need to learn how to minimize losses.

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ultrloa
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June 26, 2020, 12:44:40 PM
 #118

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.          
Doing something without knowing about it will make you to lose your money, trading is also the same kind of thing.Each and everyone who is trading cryptos are losing at some point but what we have to do is to keep our profits more than our loss so we won't go bankrupt.Trading isn't for everyone but you are in need of making money in short term then trading is one of the best choice available but before doing it we have to learn the strategies, analysis and how to choose our coins based on our trading span.

I think that everyone can learn how to trade, but not everyone will become a real professional who can provide themselves and their family with profit from trading. But in any case, you should not be upset, because every trader still loses their money, but you need to learn how to minimize losses.

There are strategies has been given and been teach on internet but not everyone can easily adopt the system since majority rely on their beliefs that they can easily earn with trading and do some short cuts regarding on technicalities and others. But if we are patient to learn thing for sure we can  minimize our losses and get a high chance to gain from it, also we should erase the mindset about losing and always think positive with correct action.

R


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tbterryboy
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June 26, 2020, 06:04:17 PM
 #119

I was a bit saddened that a guy who was genuinely interested in trading quit it because of bad results and maybe bad trades.
But, while I was checking around, I saw that he actually is still interested and finding solutions, which is how the trading works. He was looking for advice here HERE and HERE ALSO so he is on the right track because in trading that is how it goes, we make mistakes but we must have the courage to learn from the mistakes and the ability to bounce back even stronger and wiser.

Anyone who feels trading is not meant for them, just spare a thought and you will feel any business you do would require some sort of trading either ways and there exist no business where you don't have to make financial decisions. So yeah, either you content yourself with daily jobs and services or learn the art of market and grow of your own.
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June 26, 2020, 09:30:24 PM
 #120

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.          
Doing something without knowing about it will make you to lose your money, trading is also the same kind of thing.Each and everyone who is trading cryptos are losing at some point but what we have to do is to keep our profits more than our loss so we won't go bankrupt.Trading isn't for everyone but you are in need of making money in short term then trading is one of the best choice available but before doing it we have to learn the strategies, analysis and how to choose our coins based on our trading span.

I think that everyone can learn how to trade, but not everyone will become a real professional who can provide themselves and their family with profit from trading. But in any case, you should not be upset, because every trader still loses their money, but you need to learn how to minimize losses.

There are strategies has been given and been teach on internet but not everyone can easily adopt the system since majority rely on their beliefs that they can easily earn with trading and do some short cuts regarding on technicalities and others. But if we are patient to learn thing for sure we can  minimize our losses and get a high chance to gain from it, also we should erase the mindset about losing and always think positive with correct action.
One of the common problem on most people on where they do rush things up and doesnt bother to learn on gradual phase.They do aim to make

money thats why it would result into diving into the market without any proper preparation or knowledge on how to deal things up until they do experience

loss and do tell that this thing isnt really for them which is really a wrong mindset to have on.

R


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