my trading is a fail help me, thanks

[Woodie]

First and foremost, you need to understand trading is not a get rich quick scheme!

Secondly you need general forex knowledge about charts, candles, patterns and how to analyze markets using top down analysis.

Last but not the least you need patience.

With all this put together you can come up with your own strategy.

[1715274752]

1715274752

[Rehan Zakir]

Trading is not an easy task brother. If your trading style does not gives yo profit then please change your trading style because there are huge opportunities of making money through trading. Just find the opportunities and apply these techniques in your trading style to earn good profit.

[bitgolden]

I want to explain my strategy but it's just giving me anxiety all I know is wrong for it failed a few times.
-*-

as long as it is also useful for others, there is no need to hesitate to provide mutually beneficial information. maybe there will be a correction that occurs if you express it and it is necessary, because we complement each other.

OP never bothered to reply and provide extra information other than what was written on the open-post. They probably watching this topic but never found time to interact with us. I was also curious to know that strategy but after the ignorance of OP, I just switched to other topics and not bothering here anymore.

Anyhow, I am sure lots of newbie and naive traders might have learned something out of this topic which must be the success of open discussion rather than bothering about who started one discussion and it will be useful for their problem or not.

[Lanatsa]

I want to explain my strategy but it's just giving me anxiety all I know is wrong for it failed a few times.
-*-

as long as it is also useful for others, there is no need to hesitate to provide mutually beneficial information. maybe there will be a correction that occurs if you express it and it is necessary, because we complement each other.

OP never bothered to reply and provide extra information other than what was written on the open-post. They probably watching this topic but never found time to interact with us.

Are these things still surprising up to these days? No they aren't because most of people would just simply make up some thread and just simply leave it and made out no interactions or responses on the
thread that they had created.

Majority are those noobs out there or even to those older members of this forum who doesn't care about looking back and trying to be responsive or make out some discussion toward the community.

Going back on topic about trading failures is just these things are really that normal.There's no someone who can make out perfect profitable trades and when we are just starting then
failing or losing money is very common but hey, these things will really give you a lesson.

[k@suy]

beginners have not yet found themselves as traders, so they just follow what is directed. It will be difficult if they get advice from other sources which have a different analysis, I think at that time they will be confused about determining steps. but it is all a process

To be honest being a newbie trader has a lot of things to undergo before they can come up to the most effective strategy that will suit for them and they can use in trading. Sometimes it is difficult to think that we may experience most loses than winning and that is the only outcomes of trading. In trading losing cannot be avoided and for me it is the turning point of every trader where they can learn from their mistake and where they can figure out what would be their next best move.

[death69]

First and foremost, you need to understand trading is not a get rich quick scheme!

Secondly you need general forex knowledge about charts, candles, patterns and how to analyze markets using top down analysis.

Last but not the least you need patience.

With all this put together you can come up with your own strategy.

It is easy in theory but hard in practice. I have seen people struggling in becoming a profitable trader just because they can't follow one of the rule above. The statistic has shown that only 5% of traders earn money while the rest give up trading in less than 2 years

Lots of efforts are required because sometimes, trading is extremely exhausted and you do not know whether you are suitable for it or not. Loss and depression will cause you to stress. In the end, you will find that getting rid of trading is better.

[geegaw]

First and foremost, you need to understand trading is not a get rich quick scheme!

Secondly you need general forex knowledge about charts, candles, patterns and how to analyze markets using top down analysis.

Last but not the least you need patience.

With all this put together you can come up with your own strategy.

It is easy in theory but hard in practice. I have seen people struggling in becoming a profitable trader just because they can't follow one of the rule above. The statistic has shown that only 5% of traders earn money while the rest give up trading in less than 2 years

Lots of efforts are required because sometimes, trading is extremely exhausted and you do not know whether you are suitable for it or not. Loss and depression will cause you to stress. In the end, you will find that getting rid of trading is better.

Heavy work environment full of metrics and rules, besides rules is a mind game among users, every step is accompanied by computation, that makes the average person feel very obsessive about trading after a while, they are afraid of things that might make them desperate, such constant rushing forces them to escape from this wall in search of lighter jobs. Forcing our selves to fit into trading is difficult, our qualities and talent decide too much, but success comes to the most persistent, it's a common story here.

[justdimin]

It is easy in theory but hard in practice. I have seen people struggling in becoming a profitable trader just because they can't follow one of the rule above. The statistic has shown that only 5% of traders earn money while the rest give up trading in less than 2 years

Lots of efforts are required because sometimes, trading is extremely exhausted and you do not know whether you are suitable for it or not. Loss and depression will cause you to stress. In the end, you will find that getting rid of trading is better.

I still can't believe that statistic. Is that really true? Are we certain about that? Right now looking at the crypto world we can see that almost everything went up, hell just doge created new millionaires from the start of 2020 if you look at how much it went up, so I am not entirely sure if that 5% is still correct.

Of course it could be correct and I could be wrong, but it feels like this is not really true at this current moment, maybe if you look at it in general terms. Even if its true, that 95% that lose money or whatever the % truly is, that just means that people do not know when to stop trading and when to start investing. I am an investor not a trader and I believe it would be very difficult for me to lose money this way, and that usually means I will always make a profit and just need time to make that, 95% of the people should have realized this by now.

[harapan]

The main thing to learn is technical analysis and also study indicators. This step by step will provide education that trading is not your way to get rich in a short time. By studying technical and trying on a demo account you will have experience how to analyze the market. besides that you also have more money, I suggest taking classes to be able to learn with mentors who are experts

There are other options for practicing trading aside from using demo. Paper trading is one of such options. But I do not recommend dwelling on these practice methods for a long time because until you start putting real money ob the line, you won't take your trades too seriously because you'll always be like "I have nothing to lose on this trade" and it shouldn't be that way. Of course, learning technical analysis is the best way to succeed as trader regardless of the market trend at any point in time. A small note on demo trading... It should be completely uo to the trader. Most traders that I know of didn't use any of the two yet they're still successful traders.

[carlfebz2]

The main thing to learn is technical analysis and also study indicators. This step by step will provide education that trading is not your way to get rich in a short time. By studying technical and trying on a demo account you will have experience how to analyze the market. besides that you also have more money, I suggest taking classes to be able to learn with mentors who are experts

There are other options for practicing trading aside from using demo. Paper trading is one of such options. But I do not recommend dwelling on these practice methods for a long time because until you start putting real money ob the line, you won't take your trades too seriously because you'll always be like "I have nothing to lose on this trade" and it shouldn't be that way. Of course, learning technical analysis is the best way to succeed as trader regardless of the market trend at any point in time. A small note on demo trading... It should be completely uo to the trader. Most traders that I know of didn't use any of the two yet they're still successful traders.

Demo trades is just good when you are just testing out for some analysis or indicators but basing or relying on it then it would really be a different story.

From actual risk management on funds and into analysis you would do,nothing beats out when you do the actual thing or get involved with real funds compared when you are just using virtual funds.

Yes, you can learn but you wont really progress more or making yourself better without real experience in the market.

[Benefactor]

On the off chance that you can gain from your previous mishaps and begin remedying them, I think in the event that you are confronted with a similar issue or have never confronted it, in the event that you know the essentials you will actually want to tackle it. Exchanging methods develop on them instead of searching for a gathering that will give you an exchanging signal on Facebook that activity will cause an absolute exercise in futility.

[santiPOGI]

From the subject itself, I have been trading these days, and success can be only be counted on hand and it's just damn luck for myself when I succeed a few times.


I want to explain my strategy but it's just giving me anxiety all I know is wrong for it failed a few times.


please be nice to what I am going to ask


Do you have any Facebook page or in any kind of social media that has someone who gives you a warning when you trade or not? I have been in many Facebook groups but its not what I am looking for.


Thanks for the nice response.

Well, to be honest with you dude I don't trust Facebook announcement in terms of Cryptocurrency project that has been posted to this platform, perhaps, out of 100% only 2% is legit then the rest are not, if you want to find out the legit crypto projects you could find it most of the time here in bitcointalk forum, altcointalks forum, bitcoingarden and more in my own opinion only.

[Traderbtcc]

From the subject itself, I have been trading these days, and success can be only be counted on hand and it's just damn luck for myself when I succeed a few times.


I want to explain my strategy but it's just giving me anxiety all I know is wrong for it failed a few times.


please be nice to what I am going to ask


Do you have any Facebook page or in any kind of social media that has someone who gives you a warning when you trade or not? I have been in many Facebook groups but its not what I am looking for.


Thanks for the nice response.

I think it's best you spend more time trading than you trade cause it seems that what's needed most now, also I can't think of about any Facebook group or page that gives signals, the only place I see it is in Telegram and Twitter at times, and no one can actually tell you when to trade or not, have never seen anyone offering such service, because no one can tell what's going to be the future price of any coin, they can only predict the  price, do I won't advie you to rely much on all those predictions

[Twinscoin2017]

From the subject itself, I have been trading these days, and success can be only be counted on hand and it's just damn luck for myself when I succeed a few times.


I want to explain my strategy but it's just giving me anxiety all I know is wrong for it failed a few times.


please be nice to what I am going to ask


Do you have any Facebook page or in any kind of social media that has someone who gives you a warning when you trade or not? I have been in many Facebook groups but its not what I am looking for.


Thanks for the nice response.

I think it's best you spend more time trading than you trade cause it seems that what's needed most now, also I can't think of about any Facebook group or page that gives signals, the only place I see it is in Telegram and Twitter at times, and no one can actually tell you when to trade or not, have never seen anyone offering such service, because no one can tell what's going to be the future price of any coin, they can only predict the  price, do I won't advie you to rely much on all those predictions

Groups of traders in telegram and Twitter is just a guide and still the decisions is all yours if you do trading, No one can predict the price and it always depend on the market, i will suggest that don't lean on to others decide by your self and learn from the experience, succesful traders today is once a newbie and i guess before they succeed they also having a hard time to find a great or amazing strategy to earn on trading.

[apityeh71]

Just now i have seen BTC dominance is dropped to 39% in coingecko so its time to trade altcoin. But to minimize the risk, much better trade on the high cap coin only. Choose altcoin that the the price not yet breakout from the highest price and also good fundamental. And chooce New altcoin that have strong team and fundamental. Combination knowledge of technical and fundamental analysis will more easy to decide which coin to pick.

[dezoel]

I was a little confused reading what you required because everyone among us faces loss in trading and there is no shame in asking questions and bitcointalk community has some of the oldest and smartest traders so always good to have their opinion, of course, if they want to share it.

Do you have any Facebook page or in any kind of social media that has someone who gives you a warning when you trade or not? I have been in many Facebook groups but its not what I am looking for.

If I understand correctly you need someone to monitor your trades and guide you on when to buy something and when to sell it. Well, in simple worlds you are looking for crypto signals for which there are countless telegram channels but almost none of them are remotely accurate.

If by FB you mean a page where they post news about the coins and you want to know what's happening in the crypto world, then you can just google crypto news and you will find better articles and most recent ones. FB pages might not be updated as frequently by admins. Like if you google right now bitcoin news there would be articles of Elon Musk's Tesla stopping bitcoin payments.

[Kez1817]

From the subject itself, I have been trading these days, and success can be only be counted on hand and it's just damn luck for myself when I succeed a few times.


I want to explain my strategy but it's just giving me anxiety all I know is wrong for it failed a few times.


please be nice to what I am going to ask


Do you have any Facebook page or in any kind of social media that has someone who gives you a warning when you trade or not? I have been in many Facebook groups but its not what I am looking for.


Thanks for the nice response.

It's difficult to trust others specially in facebook or other groups that telling you when to buy and sell. I don't trust them. If you failed then try to learn why you failed, think some new strategy to be use. Use your experience as a lesson and learning method to have a profitable trade next time. Learn the graph and price movement by your own and don't rely to others because sometimes it's useless and bring you more losses.

[DarkDays]

Do you have any Facebook page or in any kind of social media that has someone who gives you a warning when you trade or not? I have been in many Facebook groups but its not what I am looking for.

You can't rely on others for you trades.

Unfortunately, if you want to trade you also need to learn a few things like what changes the market etc, you don't want to end up putting your money into something just because somebody told you it was a good idea.

Essentially, that's what you're asking for and this is not an approach that will take you far. Many people will tell you to invest into coins they have a stake in, and let's not forget about the many RUG PULLS out there.

Take it slowly, take some time to understand the markets and how to trade only this way you'll succeed.

[Alexmagn84]

There will be no alternate routes, you need to process a great deal of systems, feel free to examine, exchange, lose and do it again and again until you get it. Exchanging strategies develop on them instead of searching for a gathering that will give you an exchanging signal on Facebook that activity will cause an absolute exercise in futility. The best method is to find out additional, read the encounters of bombed dealers about what did they foul up.

[zanezane]

The are many free telegram group give you free trading signal, but i believe this is not a good way. Their signal's sometime worth, but it's really hard for us to follow. You should use some premium signals, that give 70% chance to win the trading. If you interesting, join Rose's premium channel, she have good warning before market crash, trading signal, some Gem also...

Signal groups aren't that accurate and you will only get more losses and the only people that will make money out of them are the signal providers because they are artificially pumping up the prices or dumping it and they can just go for futures and choose which suits the situation.