Follow a trading process.

[btc-facebook]

Most people who fail in crypto trading are impatient with the process, to make large profits in trading the correct process is
also needed.

The correct trading process can be done if you learn and also practice directly the theory you learn, if you only trade without the correct trading theory then the process you are doing will be in vain, so try when you want to start the trading process you have to learn trading theory and then put it into practice.

[1714214852]

1714214852

[1714214852]

1714214852

[1714214852]

1714214852

[1714214852]

1714214852

[1714214852]

1714214852

[1714214852]

1714214852

[gabbie2010]

Your advice in the OP only applies to newbies, because senior traders must have followed the trading process. Actually,
following the trading process requires patience, because the success of everyone in trading takes quite a long time.
For that newbie, when trading don't expect instant results, because no success in trading is generated in a short time.
Everything needs a process, so just follow the process. Then success will be obtained.

For process be it newbie or expert they still have to get it right. Even the expert trader will and should follow it unless those who have good money and ready for the downside risk too. Stop loss is a must else it would not take much time where you capital gets wiped out easily. Not getting too greedy at times else it can have reverse effect and profit can easily turn into losses.

True word by the OP, I actually lost a lot of trade when I started my trading journey, I didn't follow the process, I was actually after profits I kept on switching from one strategy to another without due process which culminated to streak of losses, until I stick to a particular strategy tweak and perfect it to suit my trading style, that was when I started making profits although I recorded some little losses however I am satisfied with the profits.

[cytpoway121]

Most people who fail in crypto trading are impatient with the process, to make large profits in trading the correct process is
also needed. So it is wrong to expect instant profit from trading, we have to carry out the trading process correctly, it makes
it easier to get profit. When the trading process occurs, there we can learn a lot about the right way of trading. That is what
ultimately makes someone become good traders.

It is not wrong to want instant profits from crypto currency, but also it is wrong not to follow a strategy or trade method. There are many right ways to trade in crypto currency, different patterns, methods, strategies and i do not think they make one good traders.

The more you trade, the more errors and trials, your ability to turn bad trade decisions into profits, change the course of a price movement will determine how good you are in trading.

[militiariko]

Having a trading process means that you are working on a strategy; following your strategy also means following your trading process, this means that you continue to trade practice, correct mistakes, and also take profits. While following your processes, i endear that you continue to do your own research too.

[Benefactor]

On the off chance that solitary wannabe merchants will begin considering Trading to be a calling and, at that point realizing that each calling accompanies long periods of preparing and learning, be it formal or casual callings. In the event that we can appreciate the cycle while as yet finding out about exchanging, we can unquestionably make a benefit. Following the cycle will be significant on the grounds that that can assist us with improving our exchanging abilities, and that can allow us to make a benefit.

[Quidat]

Most people who fail in crypto trading are impatient with the process, to make large profits in trading the correct process is
also needed. So it is wrong to expect instant profit from trading, we have to carry out the trading process correctly, it makes
it easier to get profit. When the trading process occurs, there we can learn a lot about the right way of trading. That is what
ultimately makes someone become good traders.

It is not wrong to want instant profits from crypto currency, but also it is wrong not to follow a strategy or trade method. There are many right ways to trade in crypto currency, different patterns, methods, strategies and i do not think they make one good traders.

The more you trade, the more errors and trials, your ability to turn bad trade decisions into profits, change the course of a price movement will determine how good you are in trading.

More engagement would be the key on attaining these things because with due experience you would able to gain those knowledge and skills that you would be needing
in pursuing into this career.You wont really be a better trader if you dont follow a process and trying to rush out on making profits that you had put up into your mind.
Always set a plan or goal on which you do have some basis for you follow or some sort of inspiration.Loses is there which would be a big challenge for everyone
but doesnt mean that this would be completely a big hindrance into the path you are taking.We should think that we are dealing with moving price so its just normal.

[proTECH77]

Here are some process i use to trade my coins in the market that always bring me good income:
1) Observation: through the process of observing the market to know if the demand are high than supplier in the market.
2) Consideration: many professional trader follow consideration process to consider the market condition if it's good to supply or to hold for the market to change for their good.
3) Facilitator: Through the process of allow people to lecture you about supply and demand in market can help you to go far in trading system.

[CaVO32]

In general, it is. In life, we often choose the result and neglect the process itself. We forget that it is precisely because we like the process that we get the best results.
People often fall into the trap of dependence on the outcome, resulting in only disappointment in life. After all, if you enjoy the process, then the unsuccessful result will not affect your mood in any way, because you have already got yours.

That's nice perspective here. And yes, it is true. Like the saying - "the journey is better than the destination". We need to experience the actual process, like for example here, the trading, so we can gain insights and tricks that later on, we may need it. We may fail in the first, second try, but in the succeeding activities, we know already what needs to be done. And I guess, it is self-fulfilling if you learn such trick on your own. No one can steal it from you and you can use that for the rest of your life.

[gamer4156]

The cycle may excessively ache for you and calm hard however continue going on the grounds that its all justified, despite all the trouble. This doesn't just deal with exchanging yet in addition in each part of life. Shockingly let it be known that few of us become avaricious once we saw the measure of benefit we could get we ignore the cycle.

[Fredomago]

In general, it is. In life, we often choose the result and neglect the process itself. We forget that it is precisely because we like the process that we get the best results.

Most of those who who failed from any types of investment have this kind of of perceptions, thinking that they can simply jumped into something and take the shortcut hoping to achieved decent compensations, most likely they've ends failures and loses both money and time.

People often fall into the trap of dependence on the outcome, resulting in only disappointment in life.

It's highly advise to take the long way and learn the process, you'll have a better chances of surviving and succeeding if you fully understand the whole idea and the process inside the chosen venue that you take.

After all, if you enjoy the process, then the unsuccessful result will not affect your mood in any way, because you have already got yours.

Fact and it's true, even you failed your attempts if you do enjoy the process, you'll keep on trying, finding the right patterns to succeed.

[kapalmabur]

The cycle may excessively ache for you and calm hard however continue going on the grounds that its all justified, despite all the trouble. This doesn't just deal with exchanging yet in addition in each part of life. Shockingly let it be known that few of us become avaricious once we saw the measure of benefit we could get we ignore the cycle.

just enjoy the process. If you are a new trader, the cycle in the market will always be the same, bulls and bears,
therefore you should never look away, you must focus on trading and don't be emotional, because it can make a disaster for yourself.
If you follow the trading rules, then you will become a successful trader.

[coiner-88]

They knew the cycle and they show restraint that you can actually envision. However, to the novices that just begun exchanging, they have less tolerance and they don't have a clue about the cycle except if they experience it. Exchanging isn't likewise an opposition wherein you need to turn out to be first to win, it truly requires some investment and it is the motivation behind why it is difficult to make an exchanging cycle that can give us steady profit on the lookout.

[fullhdpixel]

People fail to follow a process because things move so quickly and they have to keep changing their process constantly. Normally no trading process would have guessed this kind of increase, it is unheard of and unique in its situation, we have never been at these levels, so to predict what to do when bitcoin becomes something it has never become before would have been a difficult task for many.

I know so many people who sold at around $20k levels, the moment we broke over there were friends who were getting out like crazy, did that worked out for them? No obviously it didn't but they never saw above $20k so what did you expected them to do? At the end of the day following a trading process is a great suggestion if the prices are realistic and common prices, if it was between $7k-10k all year like at the start of the year, it would have made sense, but this was an exceptional year.

[JooBra]

People fail to follow a process because things move so quickly and they have to keep changing their process constantly. Normally no trading process would have guessed this kind of increase, it is unheard of and unique in its situation, we have never been at these levels, so to predict what to do when bitcoin becomes something it has never become before would have been a difficult task for many.

I know so many people who sold at around $20k levels, the moment we broke over there were friends who were getting out like crazy, did that worked out for them? No obviously it didn't but they never saw above $20k so what did you expected them to do? At the end of the day following a trading process is a great suggestion if the prices are realistic and common prices, if it was between $7k-10k all year like at the start of the year, it would have made sense, but this was an exceptional year.

The people who follow this world know that BTC keeps breaking the highs. Now the high being 1k or 20k is not same in terms of emotions people get for thinking of that much money. If you look logical(if that is possible with this much money) it was expected to happen around this time.

[ultrloa]

Most people who fail in crypto trading are impatient with the process, to make large profits in trading the correct process is
also needed. So it is wrong to expect instant profit from trading, we have to carry out the trading process correctly, it makes
it easier to get profit. When the trading process occurs, there we can learn a lot about the right way of trading. That is what
ultimately makes someone become good traders.

Failing in crypto currency trading has nothing to do with being impatient or greedy. Some times you can just be unlucky with a trade pair and this is why stop loss is important in every trade you partake in. Remember that trading deals with probability and you can't always be right, take your wrongs as a lesson and not a failure. It will help your decisions.

You fail because you became greedy and impatient, also there's no such thing as unlucky since if you put some nice discipline and learn to know when to do an exit then provably you can earn on trading for long term period. Remember the market moves faster and you need to adopt on it also the game here at this current market flow is to be contented when you earn little since you will miss those good opportunities and lose your money if you seek for more profits.

[Davian144]

I think we really need to follow the process to make a good profit on trading. We need to do trading step by step with patience, Because sometimes the problem of some trader is the patience and greed, most of the trader are greedy and they wanted to earn in a very fast way that is why they dont follow trading process.

Actually it is very simple to understand this, because people who do not follow the process are people who will not get anything at any job, including in terms of trading, there is no quick term in terms of trading, especially people who do not want to follow the process and have patience in it, obviously he will get nothing in the market.

[MWesterweele]

I think we really need to follow the process to make a good profit on trading. We need to do trading step by step with patience, Because sometimes the problem of some trader is the patience and greed, most of the trader are greedy and they wanted to earn in a very fast way that is why they dont follow trading process.

Whether we like it or not we should have to follow the process to be able to generate a profit, and its because this was the proven and tested strategies or process that will give newbies or every traders a guidelines to minimize loses. And i bet it isn't hard to follow the process, but if you develop your own strategies while on progress of learning and that you think it is much better suits to you then you can go with it as long as you know your limit and risks.

[South Park]

Most people who fail in crypto trading are impatient with the process, to make large profits in trading the correct process is
also needed. So it is wrong to expect instant profit from trading, we have to carry out the trading process correctly, it makes
it easier to get profit. When the trading process occurs, there we can learn a lot about the right way of trading. That is what
ultimately makes someone become good traders.

And this is because they have the wrong ideas thanks to what they read on the Internet, they read about the stories of people that made a fortune in a matter of weeks and they want to replicate that success for themselves not understanding that those people are an exception rather than the rule, in order to get those kind of profits you need enormous luck and if you depend on your luck in order to achieve those results then you are no longer a trader but a gambler.

[Kelvinid]

Most people who fail in crypto trading are impatient with the process, to make large profits in trading the correct process is
also needed. So it is wrong to expect instant profit from trading, we have to carry out the trading process correctly, it makes
it easier to get profit. When the trading process occurs, there we can learn a lot about the right way of trading. That is what
ultimately makes someone become good traders.

And this is because they have the wrong ideas thanks to what they read on the Internet, they read about the stories of people that made a fortune in a matter of weeks and they want to replicate that success for themselves not understanding that those people are an exception rather than the rule, in order to get those kind of profits you need enormous luck and if you depend on your luck in order to achieve those results then you are no longer a trader but a gambler.

Indeed, we are both a gambler and a trader.
People who come into trading is just like gambling themselves for their future. What we might read on the internet saying that they are making huge money in just days, well, that be full of lies and that only to drag people to trading. If they are doing trading without knowledge of it, they are simply gambling themselves to higher chances of losing.

There is no such thing as shortcuts in trading, it should be a process, and that it takes weeks or even a month to see the result. It is so dumb to believe that they'll get money easily because, in reality, it is never like that.

[DoublerHunter]

~snip~
Indeed, we are both a gambler and a trader.
People who come into trading is just like gambling themselves for their future.

^ Definitely right, trading is considered gambling but this slight risk than gambling because you probably control risk if you have followed the trading process which enough for you if you have skill and knowledge about it. Trading is not just an easy way to earn money, it is a very hard task to speculate the market movement and earn profit and that is not based on luck that gambling has. In trading, there are too many factors to consider and to adjust including yourself. Nevertheless, if you will be passed all of these, consider profit will follow.