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Author Topic: my trading is a fail help me, thanks  (Read 1837 times)
devollito
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May 28, 2021, 05:42:57 PM
 #141

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.

First of all, you can not lay in some random facebook group or telegram for making decision when to trade ( and this is probably what make you fail in trading ). Trading is an art, every body has its own strategy depend on the mentality. Trading is not a gamble.
Its not about signal for trade, but about how you managed the risk and how you manage your money. If you want to tradi using margin, make sure you only trade 3% of your total money the rest is for margin ( this strategy used by swing trader ). If you want to use cut lose strategy then you can use more ( X ) margin.
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May 28, 2021, 06:34:20 PM
 #142

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.
Not really a good idea if you do really rely with others signals but always verify it for yourself if those analysis were considerable or totally just a trash.
Without knowledge and experience then you cant really determine which one is good and which one is bad. You can make use of others analysis
but doesnt mean that you would simply rely into those and to think that fails and mistakes do commonly happen because
this had been part of the learning process. You wont learn if you wont commit mistakes but as you earn experience you would surely improve.
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May 28, 2021, 06:59:02 PM
 #143

everything requires a process, mate, if you want to be successful instantly it is not a key,
the key is to practice and be patient, when trading and experiencing failure is common, because failure will help you to be better,
I will give advice so that you don't easy to lose, join free signal channels, visit tradingview, and learn. Good luck

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May 28, 2021, 08:16:49 PM
 #144

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May 29, 2021, 08:56:54 AM
 #145

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.
Not really a good idea if you do really rely with others signals but always verify it for yourself if those analysis were considerable or totally just a trash.
Without knowledge and experience then you cant really determine which one is good and which one is bad. You can make use of others analysis
but doesnt mean that you would simply rely into those and to think that fails and mistakes do commonly happen because
this had been part of the learning process. You wont learn if you wont commit mistakes but as you earn experience you would surely improve.
That's right that is why the importance of knowledge and experience,
because after all if we do not have sufficient knowledge and lack of flight time it will affect us in making a decision,
we can't use other people's analysis continuously and that will keep us from growing too

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May 29, 2021, 09:12:39 AM
 #146

~
Not really a good idea if you do really rely with others signals but always verify it for yourself if those analysis were considerable or totally just a trash.
Without knowledge and experience then you cant really determine which one is good and which one is bad. You can make use of others analysis
but doesnt mean that you would simply rely into those and to think that fails and mistakes do commonly happen because
this had been part of the learning process. You wont learn if you wont commit mistakes but as you earn experience you would surely improve.
That's why I said that joining a trading signal group isn't worth the time to waste on them. I don't fully agree with you saying that you won't learn if you don't make mistakes because the wiser way is to learn from the mistake of the other people.

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May 29, 2021, 03:23:39 PM
 #147

~
Not really a good idea if you do really rely with others signals but always verify it for yourself if those analysis were considerable or totally just a trash.
Without knowledge and experience then you cant really determine which one is good and which one is bad. You can make use of others analysis
but doesnt mean that you would simply rely into those and to think that fails and mistakes do commonly happen because
this had been part of the learning process. You wont learn if you wont commit mistakes but as you earn experience you would surely improve.
That's why I said that joining a trading signal group isn't worth the time to waste on them. I don't fully agree with you saying that you won't learn if you don't make mistakes because the wiser way is to learn from the mistake of the other people.
learning from the mistakes of others is an experience that takes us one step further. in the sense that we do not need to make these mistakes and do not suffer losses. therefore, if we are faced with the same situation, it will be easier for us to overcome it and not make the same mistakes made by other people.

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May 29, 2021, 03:28:16 PM
 #148

When I start on cryptocurrency investment and trading I always join a platform with different pages groups, etc just to give me signals of what's happening in this coin is there any chance to pump or dump this coin and now I start to come up to my technical analysis I tried to invest in my self and after that, I don't become dependent person anymore its better to focus on your knowledge, not all the time there's a person or people beside you at the end of the day still your decisions.

Every mistake you made make sure you learn.

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May 29, 2021, 04:54:23 PM
 #149

You mean you need a platform where you can get genuine information on how to improve in trading? Good idea, but you need to strategize in other ways that will make you not to experience failure in your trade.

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May 29, 2021, 07:53:50 PM
 #150

What kind of trading did you use? Spot or futures?
Do you use your own TA?
Personally, loss and profits are something that always happens when trading.
Even a professional trader must have the loss. But of course, at least the number of profits is at least bigger. If not, it means there is something wrong.
Actually, there are some things that make us lose, not only based on the calculation or prediction of strategy but also:
- Emotional Management, Never Panic Sell or BUY
- Following Any Fomo to BUY OR Trade Certain Coin
- Not Researching The Fundamentals of the Coins or Tokens
- Pay attention to the possibilities of good news and bad coins or tokens at that time or in the near future.

If I personally indeed join the VIP Signal Trading group. But keep in mind that this is only one of the considerations in determining the strategy and also trading decisions. Because I personally am not an expert in TA. So it needs some ideas and also considerations.

R


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May 29, 2021, 11:18:51 PM
 #151

There are no specific rules for trading, everyone has its own and good trading means how much you have accomplished your targets. I don't have good experience in day trading or short term trading thats why I prefer to buy and HODL thats best strategy for me and it really worked for me. I suggest don't go for trading unless you are expert in it. 
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May 30, 2021, 12:42:23 PM
 #152

When I start on cryptocurrency investment and trading I always join a platform with different pages groups, etc just to give me signals of what's happening in this coin is there any chance to pump or dump this coin and now I start to come up to my technical analysis I tried to invest in my self and after that, I don't become dependent person anymore its better to focus on your knowledge, not all the time there's a person or people beside you at the end of the day still your decisions.

Every mistake you made make sure you learn.
at first we will indeed follow what other people do, but after that we can learn it ourselves with the various knowledge we have done, and of course we make mistakes, I think that's natural, because it is a learning process, so that later we can find a style personal trading with ease. I think every trader has done that

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May 30, 2021, 11:44:51 PM
 #153

at first we will indeed follow what other people do, but after that we can learn it ourselves with the various knowledge we have done,
Those good experiences being shared, they're really followable especially for the newbies who just come by to trade and still have lack of experience towards it.

and of course we make mistakes, I think that's natural, because it is a learning process, so that later we can find a style personal trading with ease. I think every trader has done that
Having mistakes in trading is normal, even the best of the best traders still commits mistake but they're learning from that and they don't take it for granted. Because they're getting lessons from each of their mistake committed.

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May 31, 2021, 07:08:31 AM
 #154

When I start on cryptocurrency investment and trading I always join a platform with different pages groups, etc just to give me signals of what's happening in this coin is there any chance to pump or dump this coin and now I start to come up to my technical analysis I tried to invest in my self and after that, I don't become dependent person anymore its better to focus on your knowledge, not all the time there's a person or people beside you at the end of the day still your decisions.

Every mistake you made make sure you learn.
at first we will indeed follow what other people do, but after that we can learn it ourselves with the various knowledge we have done, and of course we make mistakes, I think that's natural, because it is a learning process, so that later we can find a style personal trading with ease. I think every trader has done that
For me when we make mistakes it is a natural thing and that is also part of learning,
with those mistakes we can know what went wrong so we can learn from these mistakes and not repeat them again,
the more hours we fly high or our experience a lot it will make us successful

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June 10, 2021, 07:53:15 PM
 #155

In fact, I do not believe in any kind of post through Facebook or social media for trading. A good trader will not give good advice for free as it may cost money but you should be a successful trader with your own research. Another tool of a business is loss because you can get success from loss so you should have found out somewhere before that you had made a mistake which caused you to have to calculate the loss from your trading.
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June 29, 2021, 11:05:34 PM
 #156

In fact, I do not believe in any kind of post through Facebook or social media for trading. A good trader will not give good advice for free as it may cost money but you should be a successful trader with your own research. Another tool of a business is loss because you can get success from loss so you should have found out somewhere before that you had made a mistake which caused you to have to calculate the loss from your trading.
Not everyone requires money, however, if you really want to become a good trader, you need to learn it on your own. Consider the information you know shared with you is just basic information, and you'll only find the real answer if you will dig deeper, and of course, experience is very important.

Success in crypto is not learned overnight, it's a long journey and you'll be able to make or commit mistakes along the way, but it's vital for your success.
Good traders are only giving some advises but it's not applicable to anyone that hears them. Some might get a good result after hearing them out but it's not that for everyone.

That's why some real good traders are selling themselves some courses but it's about you if you're going to buy that one. I have never bought any of those trading courses because there are a lot of free materials online. And I agree that success isn't going to happen overnight, there's a lot of time and effort being exerted to be one of them.

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June 30, 2021, 12:20:24 PM
 #157

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.

Nope, I don't have any Facebook page that giving a warning for the individual traders.
If you are looking for this mate, we have youtube where we can able to watch in different
influencers who has the influence to convince the community about the coin that you'd like
trade in the exchange site platform.
milewilda
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June 30, 2021, 08:25:33 PM
 #158

In fact, I do not believe in any kind of post through Facebook or social media for trading. A good trader will not give good advice for free as it may cost money but you should be a successful trader with your own research. Another tool of a business is loss because you can get success from loss so you should have found out somewhere before that you had made a mistake which caused you to have to calculate the loss from your trading.
Not everyone requires money, however, if you really want to become a good trader, you need to learn it on your own. Consider the information you know shared with you is just basic information, and you'll only find the real answer if you will dig deeper, and of course, experience is very important.

Success in crypto is not learned overnight, it's a long journey and you'll be able to make or commit mistakes along the way, but it's vital for your success.
Good traders are only giving some advises but it's not applicable to anyone that hears them. Some might get a good result after hearing them out but it's not that for everyone.

That's why some real good traders are selling themselves some courses but it's about you if you're going to buy that one. I have never bought any of those trading courses because there are a lot of free materials online. And I agree that success isn't going to happen overnight, there's a lot of time and effort being exerted to be one of them.
actually it is clear that what makes a successful trader is trading psychology. but sometimes many traders put forward technical analysis for the basis of trading. here we just need self-development by learning and enjoying the process. We know that even though the technique used is the same, every trader will have different results, that's where the psychological role of each person is different
Doesnt matter if you do focus with technical analysis or fundamentals as long you do make profit then that what matter most but of course you would really be needing those basic or default things
like trading psychology and emotional aspects which are main factors that you would be needing to enhance or take a good control of. Mistakes are common because theres no such thing about
being perfect trader what matter most is to be able to sustain yourself with  this fierce market.When you do fail up then it doesnt mean that it would be already over or the end of your career.
Its part of the learning process on where you do really commit errors but doesnt mean that you do just easily give up.

BitTraderCute
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June 30, 2021, 09:28:10 PM
 #159

In fact, I do not believe in any kind of post through Facebook or social media for trading. A good trader will not give good advice for free as it may cost money but you should be a successful trader with your own research. Another tool of a business is loss because you can get success from loss so you should have found out somewhere before that you had made a mistake which caused you to have to calculate the loss from your trading.
not all profesional traders or good traders will ask some money for only consulting about tecnical or fundamental sharing. There are alot good traders share their knowledge and dedicate it to educate beginer traders in market freely without any fee. Traders should join in community to get knowledge from expert and someday we are not need their suggestions
jossiel
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July 03, 2021, 11:25:44 PM
 #160

Good traders are only giving some advises but it's not applicable to anyone that hears them. Some might get a good result after hearing them out but it's not that for everyone.

That's why some real good traders are selling themselves some courses but it's about you if you're going to buy that one. I have never bought any of those trading courses because there are a lot of free materials online. And I agree that success isn't going to happen overnight, there's a lot of time and effort being exerted to be one of them.
actually it is clear that what makes a successful trader is trading psychology. but sometimes many traders put forward technical analysis for the basis of trading. here we just need self-development by learning and enjoying the process. We know that even though the technique used is the same, every trader will have different results, that's where the psychological role of each person is different
It is common to see technical analysis being applied in trading by most of the traders and it won't be gone. I agree that it's a continuous learning process and if you've learned another strategy, you have to test it out and see how the process will end.

If the outcome is positive then that's a good test that you shall add to your most commonly used strategy and you're now far from failing. But don't think of it that you can avoid loss, there will still be but minimal.

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