GeorgeJohn
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June 08, 2021, 10:12:35 PM |
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If trading is as easy as you have described it, i believe almost everybody would have become successful but the market does not always comes the way we planned it. The market is very volatile giving everyone equal opportunity to earn good profits but psychology of fear of losing coupled with poor risk management could be a detriment to those with good strategies.
Trading is not just pressing your buy or sell buttons but having a technical reasons of why you think the market will sell or buy. One need to have a good fundamental and technical analysis to be able to trade. Getting into a trade that one has no particular direction the market is heading to needs a couple of one's trading knowledge or experience in order to win. We just don't trade the market blindly.
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Oilacris
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June 08, 2021, 11:13:47 PM |
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I like the point you said correction is for buying deeps, yes for sure this is why crypto market is beneficial (price volatility), trade is kind of easy! Spot trade precisely. If you follow the strategy of buying low and selling high you will always remain profitable, tho it requires time, waiting for deeps before buying is always a good idea and know that reds are for buying and green is for selling. Why people loose a lot in crypto trade is because there are always afraid of buying deeps and always going to buy the top which is very wrong in trading.
Yup, good advice. That is the reason research/study more, then comeback later. Suppose if you're asking when to buy/sell then you are too beginner to trade or even hold. All relies upon your speculation objective and capital though. Learn to love consistent wins rather than big wins. Make your entry at low and cash out when it's up. Just don't get greedy. Just do the basics and youre right that one priority or main ones should be on how you do sustain yourself into the market.Dont mind first about making big money or profit because this will create that desperation in mind which might cause hurrying up yourself on making decisions. Trading is never been easy due to unpredictable price movement in the market and this is where we do struggle the most but doesnt mean that you cant do anything about it. This is why tools and other informations do come out just for you to make some analysis for your advantage, not be precisely putting you on sure profits but chances are bit high compared to those who dont have.
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zanezane
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June 09, 2021, 08:28:50 AM |
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This is a dangerous advice because people won't be the same as you OP and they won't have the same understanding and risk tolerance as you when you are trading. This kind of advice is the reason why we always take everything with a grain of salt because people will try to advice you experiments that they think will work.
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DarkDays
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June 09, 2021, 09:16:01 AM |
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I like the point you said correction is for buying deeps, yes for sure this is why crypto market is beneficial (price volatility), trade is kind of easy! Spot trade precisely. If you follow the strategy of buying low and selling high you will always remain profitable, tho it requires time, waiting for deeps before buying is always a good idea and know that reds are for buying and green is for selling. Why people loose a lot in crypto trade is because there are always afraid of buying deeps and always going to buy the top which is very wrong in trading.
Yup, good advice. That is the reason research/study more, then comeback later. Suppose if you're asking when to buy/sell then you are too beginner to trade or even hold. All relies upon your speculation objective and capital though. Learn to love consistent wins rather than big wins. Make your entry at low and cash out when it's up. Just don't get greedy. In theory, all that said makes sense and everyone gets into crypto thinking they can take advantage of the volatility to buy low sell high but of course what makes it not so easy is to determine when the right time to buy/sell is. In relation to that, not being greedy can be such a subjective thing but at the same time it really is important because it could cause a buy/sell at the wrong time. So, yeah, trading can be easy but you've got to have the patience it requires.
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imstillthebest
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June 09, 2021, 10:22:21 AM |
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if trading is easy all of us are traders now but theres lots of messages i read daily of people having a difficulty in trading or they simply want to learn trading with the help of other pro traders because they find it impossible to learn trading on their own . and you only lose when you sold at the wrong time , not when you buy when the price is high because you can hold on and make profit when price reaches another high .
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Kelvinid
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win lambo...
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June 09, 2021, 11:43:49 AM |
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if trading is easy all of us are traders now but theres lots of messages i read daily of people having a difficulty in trading or they simply want to learn trading with the help of other pro traders because they find it impossible to learn trading on their own . and you only lose when you sold at the wrong time , not when you buy when the price is high because you can hold on and make profit when price reaches another high .
Honestly, it was easy at the start, what makes it difficult is how to trade. This is all about decision-making, when to buy and when to sell. This is where trader finds it so hard and make them also to suffer losses. There is no profit assurance in trading which OP had denied telling us. The real thing about trading is that just like gambling, aside from having skills and knowledge, you are also asking to have some luck. I know, many got unlucky and these people quitted after suffering losses.
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kesmex
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The OGz Club
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June 09, 2021, 11:58:28 AM |
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if trading is easy all of us are traders now but theres lots of messages i read daily of people having a difficulty in trading or they simply want to learn trading with the help of other pro traders because they find it impossible to learn trading on their own . and you only lose when you sold at the wrong time , not when you buy when the price is high because you can hold on and make profit when price reaches another high .
It's true that basically doing trading is not as easy as we imagine, trading is not just buying and selling coins but all of that also requires a strategy, so we can also learn from the old traders
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imstillthebest
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June 09, 2021, 12:55:31 PM |
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- snip -
Honestly, it was easy at the start, what makes it difficult is how to trade. This is all about decision-making, when to buy and when to sell. This is where trader finds it so hard and make them also to suffer losses. There is no profit assurance in trading which OP had denied telling us. for you maybe but for the majority the hardest part is in the beginning because this is the part where we have zero knowledge but as soon as we learn , we can now handle the difficulties that we will face in trading . The real thing about trading is that just like gambling, aside from having skills and knowledge, you are also asking to have some luck. I know, many got unlucky and these people quitted after suffering losses. too bad they quitted early and they dont try again . if they can try and try again in gambling , why not in trading when both have some similarities and luck does not come easily . @kesmex exactly buddy . oldies have more experience than newbies
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feelideb
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fLibero.financial
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June 09, 2021, 01:04:30 PM |
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The odds is actually 50/50 both for winning and losing! The problem here is when you become emotional with your trade. And as trader of many years, I can gurantee you that you will make emotional mistake on your trade no matter how self discipline you are! So, here is the solution, you must accept your emotional troubles in trading and find ways to reduce and mitigate the impact of these emotions on your trade and that is when you will become successful!
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Kopetunto
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June 09, 2021, 01:51:55 PM |
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easy? how can you say easy? I have been trying to trade since a year ago and until now I am still losing money, I started trading in futures trading on Binance and it was very difficult, I have studied technical analysis, and I have applied it, but the market in the cryptocurrency world is volatile, and that's the horror.
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tvplus006
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June 09, 2021, 01:59:08 PM |
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Well I think losing is a part of a traders life not everytime we can earn sometimes we an also loss a profit but we need to endure even after so many loses, because every expert in once a newbie and i believe that in the near future we can do trading in a perfect way.
Its Not a problem to lose.... For example : You put 1000$ and in 24 hours coin goes Up 30% Profit 300$ Now You cash out 50% of this Right to way in your bank or Pocket. The rest of Money u re invest smart and all most double the money. You Again often cash out... U feel the money in your Pocket u Get motivated if u have Money. If You have Money real Money in Pocket from trading it gives u huge motivation and If You are motivated You make hundred times better decisions! It would be too easy if we could make money in practice this way. But very often it turns out quite differently for novice traders: they buy a $1000 coin, the price is reduced by 30% and they get a loss of $300. And these losing trades can be repeated until you lose your entire deposit.
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adzino
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June 09, 2021, 04:28:39 PM |
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Lol you are making it sound like its a piece of cake while it isn't. It is not as easy as you think. And what do you mean by "don't buy when it's green?". The price is "green" right now. So you are telling people not to buy now? That would be stupid. Even if the price is going up, if you can afford to invest, then invest. Or else you will lose your chance to buy. You are all good as long as you are not selling at a loss.
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conected
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June 09, 2021, 05:53:14 PM |
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if trading is easy all of us are traders now but theres lots of messages i read daily of people having a difficulty in trading or they simply want to learn trading with the help of other pro traders because they find it impossible to learn trading on their own . and you only lose when you sold at the wrong time , not when you buy when the price is high because you can hold on and make profit when price reaches another high .
Honestly, it was easy at the start, what makes it difficult is how to trade. This is all about decision-making, when to buy and when to sell. This is where trader finds it so hard and make them also to suffer losses. There is no profit assurance in trading which OP had denied telling us. The real thing about trading is that just like gambling, aside from having skills and knowledge, you are also asking to have some luck. I know, many got unlucky and these people quitted after suffering losses. - I don't deny that sometimes a little luck creates enough enthusiasm for us to survive in this market but luck should not be a reason to think that trading is a form of gambling, it's terrible to think that way, this just shows that we do not believe in the professional competence of a person who follows the profession of a trader, this market needs a sharp brain, flexible and know how to overcome each bad situation that the market brings. These elements also symbolize that trading is not so easy and luck is also a rescue factor on a few occasions, cannot save us in all situation
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topbitcoin
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June 09, 2021, 06:00:35 PM |
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Train our emotion in trading is really different with only read in books. I mean yes we shouldn't afraid but we can't underestimate how market works too. Trading activity must be done with people that really ready in it, if not what will happen is a lot of people will lose, or complain, or tell other if they lose in trading. I am not really into trading for now because not ready yet, still hard to control so i am not easily panic when market is bad.
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bitgolden
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June 09, 2021, 07:11:34 PM |
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Lol you are making it sound like its a piece of cake while it isn't. It is not as easy as you think. And what do you mean by "don't buy when it's green?". The price is "green" right now. So you are telling people not to buy now? That would be stupid. Even if the price is going up, if you can afford to invest, then invest. Or else you will lose your chance to buy. You are all good as long as you are not selling at a loss.
There are people who love to talk from a higher place when they are not there at all, and that is just human nature as well it is not like it is a secret. At the end of the day there are people who love to talk like this and there will always be ones who will do it. I know people who have lied about buying super cars and houses and even yacths from crypto trading during this past 6 months who did none of that, they just love to show off and that is common. Which is why there are people who are like "Oh it is easy I made so much money" all around because even if you can't, "act as if" is an important thing, there is really nothing true about what they say, but they say it with confidence so they find few people who believe them and that is what they want, people who would believe them, 100 people can ignore but if 1 person believes them that means they got what they wanted.
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Issa56
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June 09, 2021, 07:52:11 PM |
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From the little experience am having I don't really think trading is kind of easy but must people think is all about buying when is dip and selling when the price is high there are lot's of things you have to know before starting how to trade. Firstly you have to know how to study a coin you have to know how to do research about the coin you are buying and you have to know when you are suppose to buy and sell, what if you think a coin is already dip but it continues to dip because you can't really catch the bottom so before you start trading you really need proper introduction about how things work.
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harapan
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June 09, 2021, 09:34:32 PM |
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Trading is not for the faint of heart, you need balls of steel to withstand losses and I know not everyone has that, I would like to point out that buying at red doesn't guarantee profits at all, you can buy when the market dips and it can still continue to dip, you can also buy when the market is green and still make profit nothing bad about buying at green, you just need the right timing and you're all good to make profits from the market.
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Hypnosis00
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June 09, 2021, 10:57:55 PM |
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Trading is not for the faint of heart, you need balls of steel to withstand losses and I know not everyone has that, I would like to point out that buying at red doesn't guarantee profits at all, you can buy when the market dips and it can still continue to dip, you can also buy when the market is green and still make profit nothing bad about buying at green, you just need the right timing and you're all good to make profits from the market.
Indeed, right as trading is not for everyone as well. It is easy to say I can take the risk, I can take the risk, it is easy to say how to buy and sell but the question is WHEN? This is the part that most traders having mistaken and even experts have no escape. Losing is a part of trading and for those who can afford to face it (faint-hearted), this is not the right place for them as I know for sure they will still leaving sooner. That is why if we want to become a trader please make sure that we are prepared for everything that will happen coz we only have two possible results in this and that either to lose or gain.
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Mahanton
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June 09, 2021, 11:51:55 PM |
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Trading is not for the faint of heart, you need balls of steel to withstand losses and I know not everyone has that, I would like to point out that buying at red doesn't guarantee profits at all, you can buy when the market dips and it can still continue to dip, you can also buy when the market is green and still make profit nothing bad about buying at green, you just need the right timing and you're all good to make profits from the market.
Timing is everything but since this market is unpredictable then you would really be having a hard time to determine on which would be the perfect spot for you to get in and for you to get out and this is where experience and knowledge do really counts on each trader and you would see the difference in terms of skills because not all would really be the same in terms of risk management and being decisive on particular situations that he could see on the market. Its just normal on being afraid on few tries but as you do gain experience then that kind of fear will surely vanish.
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Mkmanik
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 10, 2021, 05:12:09 AM |
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Trading is not so easy that you think. If you want to be a regular trader you need to learn a lot of things. Among them, technical analysis, fundamental analysis, basic candlestick, Risk management, etc are very important. At trade, 90% of people lose their money only 10% of peoples are profitable. So don't think doing trade is very easy.
If you wanted to be a good trader, you need to follow your own rules. Without proper risk management, you cant survive here in the long run. It's very important to survive at trading, If you survive here you will be profitable sooner or later. I suggest anyone doesn't invest your hard earn money at trade, First Try to do paper trading. know you, know your skill, Try to learn more from your mistake. after that you can do trade with your money.
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