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Author Topic: my trading is a fail help me, thanks  (Read 1837 times)
Anonylz
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April 22, 2021, 08:10:14 AM
 #81

You don't necessarily need to trade daily to earn good money in crypto, why do you have to subject your youthful self into uncessarily anxiety and torture! if trading is not working for you, then change your approach, or better yet just buy and hodl, (best strategy that work 99.9%  Cool),
you can as well engage in short term investment, i don't need to point out different ways to earn in crypto without doing day trading, just observe and you will find what suit you, but if you so earger to be a trader then try and equip yourself with the required knowledge before you lose all your funds.  Roll Eyes 

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April 22, 2021, 08:36:50 AM
 #82

I don't believe much in free signal I always prefer doing the analysis myself. How about doing a study on market behavior and how to interpret a chat properly. We have different academies online where you can possibly get mentorship on how to trade .

Don't expect to gain all the time on your trading account looses plays out most times. But the beauty is when your gain(profit) covers up for your looses.
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April 22, 2021, 08:56:39 AM
 #83

I don't believe much in free signal I always prefer doing the analysis myself. How about doing a study on market behavior and how to interpret a chat properly. We have different academies online where you can possibly get mentorship on how to trade .

Don't expect to gain all the time on your trading account looses plays out most times. But the beauty is when your gain(profit) covers up for your looses.

There are actually good signals but they are very private guys out there, most of the time you will think of them as shills of the token but sometimes they are the ones telling the truth. They often just ask in this forum about Chiliz or Solana about to explode and somehow it happens.

Strategies in trading are often good when you know how long you could wait. When the token is over-sold, you wanna buy more of it but predicting when exactly will explode is another skill to learn. With this strategy, I'm also losing but since I have all the time in the world I guess I can wait.

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April 22, 2021, 11:45:44 AM
 #84

I don't believe much in free signal I always prefer doing the analysis myself. How about doing a study on market behavior and how to interpret a chat properly.
OP is facing something unique case, I feel like. They are deepening on something which is no more available, it seems. When we are not developing our analytical skill to generate our own signals but depending on others for trading then we might need to face such a situation where we could not earn like before. Because people who are making use of others signal and suddenly when that signal provider is stopping then they must need to stop their trading as well. I guess this is what exactly happening with OP.

OP is scenario definitely a big lesson for all the traders in this community when we are depending on someone else for the core part of our trading then definitely we could not continue like before when they stop.
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April 22, 2021, 01:22:36 PM
 #85

what actually you need? I can not get it correctly. That means you are looking for channel or groups which will provide some trading signal and You will do trade by their suggestions? Or you are looking for something that will show you latest warning about good news, the data about the unusual volume/buying/selling activity bots?
Maybe he is looking for a person who can give him a trading signal in a social media, this is not really advisable because I don't think that there would be an expert who will just give you a trading signal for free, it would be possible if you pay them huge amount of money before they give you a sign, so if you don't have huge amount of money then it would be better if you now is to learn the technical analysis on your own.

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April 22, 2021, 02:17:47 PM
 #86

your strategy isnt fail because you won several trades
This cannot be a case for all the times because some strategies will be working for particular time frame after that if you keep using that same strategy then you will never able to find profits. I have experienced such thing in my trading career. Honestly I could not figure out what I am missing but how it was working for me before to make good profits.

Finally I concluded like this: market is switching over to some different kind of pattern which is not at all predictable with that same strategy.
I agree with this, Not every time a certain strategy will work as you experienced it on successful trades. Sticking into one strategy could be profitable if you do it right but there are some strategies that can be more efficient depending on the trading scenario. So the more knowledge and experience you have is the better your winning chance is.

same with casinos because strats that we use suddenly stopped working .
 its handy if we can forumulate back up strategy and replace the old one when its expired  . single strat cant work forever because all are gonna depend on it and no one will ever loose a trade . there will be no balanced , its amazing how everything worked  .
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April 22, 2021, 02:22:50 PM
 #87

what actually you need? I can not get it correctly. That means you are looking for channel or groups which will provide some trading signal and You will do trade by their suggestions? Or you are looking for something that will show you latest warning about good news, the data about the unusual volume/buying/selling activity bots?
Maybe he is looking for a person who can give him a trading signal in a social media, this is not really advisable because I don't think that there would be an expert who will just give you a trading signal for free, it would be possible if you pay them huge amount of money before they give you a sign, so if you don't have huge amount of money then it would be better if you now is to learn the technical analysis on your own.

And it's beneficial to you as a trader if you'll learn things the right way. No need to ask someone

but to study things on your own, if you put your focus it will enhance your knowledge. Distance

yourself with easy and quick process but instead do things step by step till you find yourself much

comfortable to execute your own patterns.
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April 22, 2021, 03:25:55 PM
 #88

its handy if we can forumulate back up strategy and replace the old one when its expired  . single strat cant work forever because all are gonna depend on it and no one will ever loose a trade . there will be no balanced , its amazing how everything worked  .
But the catch here is, you need to be skilled enough to figure out that your strategy is about to expire or already expired with your one trade itself. But, mostly people will come to a conclusion only after 5 to 7 failed trades because they made money with same strategy and failing occasionally do happen with all strategies. So, having multiple tested strategy at a time and trading based on one on round basis may solve the problem temporarily.

When we have multiple strategy I guess you can cope up against expired strategy rather than suddenly got stuck. Professional traders are known for switching strategy within a day because based on market volatility we must need one specif strategy for a particular day.

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April 22, 2021, 03:33:08 PM
 #89

single strat cant work forever because all are gonna depend on it and no one will ever loose a trade .
That is a point. This is the simple reason people always emphasizing about the importance of continuous learning in trading field. If you are ready to update yourself then you could get chances to avoid frustrations happens due to failure of well tested strategy. There were occasions I booked losses even after making use of a known strategy and sticking all my pre-determined plans. If my strategy might have worked for me for all my trades then I might be one of the millionaire in this crypto space.
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April 22, 2021, 08:59:10 PM
 #90

you have to keep learning and learning. Learn how to do good and right trading.

Technical and fundamental are the initial lessons that you must understand. Not only that, a strong mentality will also make you a strong trader in the strategies that you compiled beforehand.

Don't always expect and wait for warnings from others, you have to be able to read the market, you have to know where the market is going. Even if you find failure you should still try it. Failure will give you valuable experience to become an expert trader.
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April 22, 2021, 10:33:46 PM
 #91

you have to keep learning and learning. Learn how to do good and right trading.

Technical and fundamental are the initial lessons that you must understand. Not only that, a strong mentality will also make you a strong trader in the strategies that you compiled beforehand.

Don't always expect and wait for warnings from others, you have to be able to read the market, you have to know where the market is going. Even if you find failure you should still try it. Failure will give you valuable experience to become an expert trader.

Initial things needed to be studied:
-Technical
-Fundamentals

Next, will be gained through experience:
-Emotion handling
-Proper risk management
-Gained experience on how market works

Once you do able to get these qualities then you will find out that
you are doing pretty well in your trading career.

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April 22, 2021, 10:41:00 PM
 #92

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.

Don't fall on promises but rather have a quick act on what you've seen on the coin that you're going to trade. Most of the project that has no legit community, don't have developments with their cryptocurrency and didn't have much plans for the growth of their coin value.
There's a lot of signal groups and it's hard to determine which of them gives proper information. My advice to you is choose the existing one like bnb and eth, because it won't fail you.
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April 23, 2021, 04:05:10 AM
 #93

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 would suggest you to convert it first to the most stable coin like btc,eth xrp doge or anything that is stable coin to avoid more losses after that you must find out what alt coin is best for exchanges now so that you can be proditable and you can gain profit from it.do some research and new boom coin .

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April 23, 2021, 04:59:17 AM
 #94

I would suggest you to convert it first to the most stable coin like btc,eth xrp doge or anything that is stable coin to avoid more losses after that you must find out what alt coin is best for exchanges now so that you can be proditable and you can gain profit from it.do some research and new boom coin .
You are misusing the term "stable coin" here.
BTC, ETH, XRP, Doge coins can be categorized like reputed coins or well-known coins. But, buying these coin cannot assure you avoiding more losses. Because, I am seeing almost same level of volatility among these coins always.

Hopefully OP is not asking about how to gain profits by trading altcoins but they are concerned about signal providers in social media to guide them on timing of trading. So, I guess OP is well aware of how to secure their networth and how to make profits by trading altcoins. If you are aware of any social media signal providers, you may help OP.

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April 23, 2021, 05:07:20 AM
 #95

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 would suggest you to convert it first to the most stable coin like btc,eth xrp doge or anything that is stable coin to avoid more losses after that you must find out what alt coin is best for exchanges now so that you can be proditable and you can gain profit from it.do some research and new boom coin .

Sometimes it is somewhat difficult to advise something like this, at the moment the price of Bitcoin is falling radically, some altcoins are rising, this suggests that an eventual protection of money through the altcoins may be occurring, ETH has been recovering, and other altcoins as well, but the risk of investing at the moment is greater, because if bitcoin falls more in price then altcoins fall even more, but there is also the possibility that altcoins continue to rise and enter a season stage of altcoins, which generates short-term profits, it is really difficult for that right now, in my case if I have doubts I would be out of the market until I see a good entry opportunity.

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April 23, 2021, 08:02:11 AM
 #96

your trading failure must have a cause, try to evaluate your trading strategy. because failure can be caused by many things, but what needs to be highlighted first is how we manage assets and evaluate strategies. try to find these mistakes so that they can be used as your evaluation
I agree, and OP also has to practice trading first before trading with the real thing, I mean there are a lot of practice trading sites out there that OP and anyone who aspires to trade to gain experience without losing any money. If OP has done this and still can't do a decent money with trading, I think that OP should find another way to make money with crypto.
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April 23, 2021, 05:56:54 PM
 #97

It is really difficult to learn to trade. It takes time and a lot of patience when learning how to trade like this is not just giving your time, this is also about risking your hard-earned money. I know how frustrated it is that you always fail and lose every trade, but remember that every failure comes with learnings that you can use to become the profitable trader that you want to be. There are pages on Facebook that can help you to achieve your dream. You can also try watching on Youtube. There are many videos uploaded there that discuss their strategy in cryptocurrency trading.

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April 23, 2021, 10:24:13 PM
 #98

You shouldn't rely on Facebook. There is no guarantee that they will give you the right information. So it is better to do research and trade on your own. Keep an eye on the telegrams of the coins you buy. Keep them updated. You will see that you will be able to make a good profit at one time.
When it comes to information then it isnt bad to seek up for some updates or recent events that do happen or circling around but it wont really be that reliable
if you do purely depend on it on making out decisions towards your trade but somehow this can really be a good add up for you to make so dont only
vary in one source and try to look for even more because there are lots of factors that can really be used for you to take good grasp in trading.
You might fail initially but doesnt mean that you would need to stop. Just continue and learn up and this would take a long time.
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April 24, 2021, 11:02:39 PM
 #99

You shouldn't rely on Facebook. There is no guarantee that they will give you the right information. So it is better to do research and trade on your own. Keep an eye on the telegrams of the coins you buy. Keep them updated. You will see that you will be able to make a good profit at one time.
When it comes to information then it isnt bad to seek up for some updates or recent events that do happen or circling around but it wont really be that reliable
if you do purely depend on it on making out decisions towards your trade but somehow this can really be a good add up for you to make so dont only
vary in one source and try to look for even more because there are lots of factors that can really be used for you to take good grasp in trading.
You might fail initially but doesnt mean that you would need to stop. Just continue and learn up and this would take a long time.
As in such a thing that learning will take time to develop. And the advantage of having a lot of trading information resources will help us more but can be of some time to think about limitation and think which one is acceptable and which is not.
Youtube, mentorship, from friends, is a grateful resource but why still a lot of traders never succeed? It is because there is something wrong in ourselves. Yes, we have all of these ideas and inputs but if we never applied it IRL, that makes no sense at all.

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April 25, 2021, 11:14:30 PM
 #100

Signals are useless and it will put you in more critical condition, failing in cryptocurrency trading is not a bad thing as long as you are learning from your mistakes and correcting them in your future trades.

Of course, following someone blindly doesn't do much good. It only makes sense when you study and compare your strategy with the proposed one. Those who blindly follow trade signals or traders also blindly repeat other people's mistakes, but at the same time they do not see exactly where the mistake was, so their personal trading does not get better. Thus, trading according to other people's strategies and not conducting your own analysis, you stand still or even worsen your skill.

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