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Author Topic: Trade isn’t for Me guys.  (Read 2010 times)
Btc_1856
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July 04, 2020, 02:04:02 PM
 #141

people have their own path to success, don't worry,
but you shouldn't give up now my friend, trading is difficult, but it can be learned

People will have different sources in order to make a profit through trading and it will help them to learn their mistakes, through trading ever person will face issues with trading, it might help them learn their mistakes, trading is a long term process and learns the things only when we continue in trading.

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July 05, 2020, 12:36:24 PM
 #142

If you think you do not have enough knowledge and skills in trading it is better to take a break for a mean time because not all the time the earning and the volatile uptrend or downtrend are with you because it is volatile and trading is risky still it depends on you if you want to stop or to take a break for a while.

people have their own path to success, don't worry,
but you shouldn't give up now my friend, trading is difficult, but it can be learned

People will have different sources in order to make a profit through trading and it will help them to learn their mistakes, through trading ever person will face issues with trading, it might help them learn their mistakes, trading is a long term process and learns the things only when we continue in trading.


Most of the people are just focusing to the success of the people not by their downs and mistakes because they think they can do the same but this is wrong because one of the keys to success is learning from the mistakes from your experience and others so if you encounter the dame problem you can now avoid.

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July 05, 2020, 03:01:42 PM
Last edit: July 05, 2020, 03:21:07 PM by palle11
 #143

Those who gave a shit comment like "1 or max 2 trades a day is good", I've got an answer here.

It's a strategy to get rekt soon because it's not something compulsory to trade every single day..                          They pass the opportunities aside and see for the extreme possibility of their trades going into right directions. You need to trade only if you're sure enough that the outcome will be in your favor, the odds will be in your favor.

Your comment is right and an advise to traders who insist to jump into the market multiple times in a day. Trading is a good to make money if you know how to or if you have a strategy but always going into the market is surely a planned way to lose money.
If a traders strategy gives them signal to always be in the market multiple times every day, they better readjust from that plan except the trader is a scalper. A daily trader and swinger won't have multiple opening to always jump in.

I ve seen many successful traders not even trading for 2-3 years when they don't sense the necessity of trading.

I had to quote this sentence to respond to it separately.

Hence, probably they went for sabbatical leave  Grin


It's a strategy to get rekt soon because it's not something compulsory to trade every single day.

Big advise for traders. You got a merit on this  Grin
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July 05, 2020, 06:19:24 PM
 #144

~snip~
I will still continue to learn a trading strategy or anything about trading, I still love and want to do trades.
Continue to learn about trading strategies, analyze and select indicators that suit you. The more you try to trade, the more experience you have.
I also continue to learn how to trade properly.
discipline in trading, Money Management and also mental management is very necessary.  Wink
Ronaldcoin2017
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July 05, 2020, 08:01:10 PM
 #145

Trading is really an amazing way to earn a lot of profit. But there are people that really think that trading is not for them, because they loss on it, but i believe that lossing in trading is really a normal thing, and you cannot become a good trader if you dont experience  lossing on it  so i think we need to be more patience if we wanted to earn on trading because trading sometimes is really hard and controling maybe emotions is the best thing to do for good.
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July 05, 2020, 08:39:40 PM
 #146

Trading is not for everyone. Quality training is not readily available.
Have you considered a good trading bot? I use digieBot, not only does the bot work really well, they teach trading every week.

One problem with almost all auto trading bots is that they rely on lagging indicators.

digieBot Auto is an automated trading bot that trades based on volume in the market. digieBot does NOT use lagging indicators; it is based entirely on the volume of trades taken by traders and analyzing the commitment of the market to that trade.

Commitment is shown by traders’ willingness to invest their money at a price point, and the market commitment is demonstrated by volume in the same market direction.
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July 05, 2020, 09:04:11 PM
 #147

Those who gave a shit comment like "1 or max 2 trades a day is good", I've got an answer here.

It's a strategy to get rekt soon because it's not something compulsory to trade every single day. I've seen many successful traders not even trading for 2-3 years when they don't sense the necessity of trading. They pass the opportunities aside and see for the extreme possibility of their trades going into right directions. You need to trade only if you're sure enough that the outcome will be in your favor, the odds will be in your favor.

Everything does really have its own timing and yes i do agree with this which you wont really need to have lots of trades in a particular day even if you do saw that it isnt worth to position out yourself into the market.

Dont just have that kind of mindset that the more you do trade the more possible money you could make and a said this would surely give out the higher risk on getting wreck.Stopping for a while

is suggested and if you do saw that there is a good time on getting in into the market then thats the time you should trade on.It isnt really that necessary to become active that much

when you dont know on what you are doing.

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July 06, 2020, 05:07:44 PM
 #148

@deisik, you're in to make dough? Really?
I mean getting dumped down by several investors of a project would really help if you were in the trade itself? It's sometimes better just to spectate instead of getting into a trade and losing. Even if you lose a %, you lost a few bucks and vice versa.

And @spike420211, neither way can you really dictate nor decide to go for n number of trades before stopping because as I said, every single person uses a different approach towards his/her trades with a completely different or maybe same strategy but what matters is the size of the portfolio you are using in terms of % that you'll put in that trade. Some traders lose too much that they end up getting their capital exhausted and that's why I said this that you should spectate only when not sure about your trade. To those taking it towards wrong way by saying that it could take them months and even years to decide whether to get into a trade or not? My suggestion for them is to just sit back and never trade because it's their disability to find assured trades then. Smiley

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July 06, 2020, 06:12:05 PM
Last edit: July 06, 2020, 06:23:36 PM by deisik
 #149

@deisik, you're in to make dough? Really?

Well, is it a rhetorical question?

I guess anyone who is seriously in trading hopes to make dough. However, there's more to it than just earning a few shekels here and there. More specifically, I use shorts as a hedge against cryptocurrency price dumps. Indeed, I could just exchange bitcoins (or whatever) for fiat directly, but then I would have to deal with fiat withdrawals, banks, and similar nasty stuff. Hedging via shorts looks like a perfect solution to me and this problem

I mean getting dumped down by several investors of a project would really help if you were in the trade itself?

Let's just say it is decided by what side of the trade you are on, long or short

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July 06, 2020, 07:57:25 PM
 #150

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.          
We'll learned how to trade from this forum, you can do likewise because many have done. Trading is by learning and not just wake up to become a professional trader. Many analysts around the world cryptocurrency today and those on this exalted cryptocurrency forum started their journey long ago and today they are voices to recalled with. Don't be discouraged, things are always rough during the start but always appreciate with time. You can watch series of YouTube videos and tutorials online to get started. Don't give up on yourself, encourag to stand film and start trading.

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July 06, 2020, 10:42:44 PM
 #151

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 virtually every trader has been is similar situation as this, tgere are times when things will seems not to be working out in your favor, a lot of start up traders often think only the newbies do get affected by similar problems but even the pro trader do have the market goes against them certain times. My advise is for you to talk a little break and learn more about the basics of trader and i assure you that at the end of the tunnel, you will emerge stronger
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July 06, 2020, 11:37:13 PM
 #152

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.          
We'll learned how to trade from this forum, you can do likewise because many have done. Trading is by learning and not just wake up to become a professional trader. Many analysts around the world cryptocurrency today and those on this exalted cryptocurrency forum started their journey long ago and today they are voices to recalled with. Don't be discouraged, things are always rough during the start but always appreciate with time. You can watch series of YouTube videos and tutorials online to get started. Don't give up on yourself, encourag to stand film and start trading.

Self research is good but we need a mentorship from an experienced person who can guide you, from the start of your trading career. Doing it all by yourself might not be so easy, just like my previous years of struggles without the guidance of somebody put me into getting scammed with a stranger who promised to buy my coins in private conversation. But it turned out so bad and disappointing in the end because my tokens were all stolen.
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July 07, 2020, 09:23:58 AM
 #153

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 think the trade is not suitable for you then you should hold your cryptocurrency. It's a good way to get a nice return without taking a big risk. I trade rarely even not but I get great return than I expected. You should try it.

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July 07, 2020, 10:09:26 AM
 #154

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.          
Why you said that trading is not for you? Maybe you have wrong strategies to choose and to buy altcoins. You must be do search so that you can get a knowledge how to do right trading.
If you think that trading is not for you buy and hold it for a long term for you to get profit.
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July 07, 2020, 11:34:28 AM
 #155

Maybe you are just lazy to learn trading strategies or maybe you give up too soon. Actually trading for everyone,
nobody even succeeded directly when trading, I initially experienced a lot of losses. But over time, I began to make
a profit. In my opinion you should try to learn trading from the start again, don't give up too soon when loss. Try to
correct your mistakes when trading, I'm sure you can also succeed in trading.

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July 07, 2020, 01:18:34 PM
 #156

I guess anyone who is seriously in trading hopes to make dough. However, there's more to it than just earning a few shekels here and there.

I know that and I never said that it's all about earning bucks but learning from our mistakes and not repeating it. Another thing is that if we trade with patience and don't get into too many frequent trades, then I believe that it could save us from losing our funds if you talk about focus, as then it's not about earning but prevention of loss.

Quote
Let's just say it is decided by what side of the trade you are on, long or short

I didn't come to the point of shorting or leverage/margin trading yet. If you were to talk on this, the subject will become such an argumentative debate that we'll just try to bother each other hard on just one topic, i.e.; shorting. TBH, margin trading and leverage trading are more riskier compared to trading alts normally. Another thing, these types of trades have limited options available so it's better not to touch them if you don't really know what exactly are you doing (this is for those specifically who just jump into leverage trading at 100x and cry later).

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July 07, 2020, 01:55:46 PM
 #157

I think there is a misconception about trading, as a trader; I do not rely on my luck and I purely rely on my skills. I think the reason why you are losing money in trading because you treat as gambling because you are focusing on luck more than in trading skills. If you lose today, it doesn't mean that trading is not for you. It is normal to lose as long as you find lesson on it.
If you will keep telling yourself that trading is not for you, maybe your right and it is better if you will stop but you will not able to regain the losses that you incurred. It is better to rest a little bit and improve yourself as a trader then maybe you can regain all of your losses again.
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July 07, 2020, 03:04:05 PM
 #158

Well at first i also think that trading is not for me. But when i fucos on it i earn a lot, but sometimes we can really also loss in it and i think that is a normal thing as a trader, we need to know that there are always a risk in trading, because trading is a risky way of earning a profit specially when we don't have an experience.
A confidence will change anything, I believe that. I heard someone's say that if need money or anything then the first thing that you should find is a knowledge or understand (in this case is trading). You will say trading is not for you, that's normal because you can't manage the knowledge of it, at least the basic knowledge like support and resistence.

Because when you have understood it and now the way to get money in it you will feel that trading is for you. There is no way to get money instantly, you may need to spend a lot of time to only learn and learn without profit about trading. And I feel to make your trade comfortably you need a long time and that is what I think, I can feel trading is best place to earn money I need two years at least to feel it.
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July 07, 2020, 04:00:52 PM
Last edit: July 07, 2020, 04:13:35 PM by deisik
 #159

I guess anyone who is seriously in trading hopes to make dough. However, there's more to it than just earning a few shekels here and there.

I know that and I never said that it's all about earning bucks but learning from our mistakes and not repeating it. Another thing is that if we trade with patience and don't get into too many frequent trades, then I believe that it could save us from losing our funds if you talk about focus, as then it's not about earning but prevention of loss

Well, that's actually not what I meant

I for one see nothing wrong with people who are into trading with entirely utilitarian goals in mind, for example, to earn a buck or two. If you are going to add a certain amount of morale to it, I don't think it is a good idea. Besides, learning from our mistakes and not repeating them doesn't change anything in this regard. It is still a must-do thing even if your sole purpose is to reap profits, preferably huge profits

Quote
Let's just say it is decided by what side of the trade you are on, long or short

I didn't come to the point of shorting or leverage/margin trading yet. If you were to talk on this, the subject will become such an argumentative debate that we'll just try to bother each other hard on just one topic, i.e.; shorting. TBH, margin trading and leverage trading are more riskier compared to trading alts normally. Another thing, these types of trades have limited options available so it's better not to touch them if you don't really know what exactly are you doing (this is for those specifically who just jump into leverage trading at 100x and cry later).

Okay then

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July 07, 2020, 05:47:39 PM
 #160

Those who gave a shit comment like "1 or max 2 trades a day is good", I've got an answer here.

It's a strategy to get rekt soon because it's not something compulsory to trade every single day. I've seen many successful traders not even trading for 2-3 years when they don't sense the necessity of trading. They pass the opportunities aside and see for the extreme possibility of their trades going into right directions. You need to trade only if you're sure enough that the outcome will be in your favor, the odds will be in your favor.

If we slightly modify this strategy, we can get a fully working version.

The main principle for a beginner to stop trading every time when the number of unsuccessful transactions reaches the number of 3 in a row.
This will help to keep all things under control, and also eliminate the influence of the emotional background on the quality of trading.
That can help to slowdown your losses but that does not really help with the main issue which is losing money on the markets, losing 3 trades in a row is also not really a sign of a bad trader, if the system you are using has a low accuracy but it is still profitable then it is probably a better idea to reduce your position size rather than to miss a trade that can be the one you were expecting all along and were trying to catch, however even such measures does not mean you have a working system in fact this is the bare minimum needed to have a chance on the markets.

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...Next Generation Crypto Casino...
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