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Author Topic: Trading is not a Game .  (Read 1994 times)
Spontaneous
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July 20, 2021, 10:46:15 AM
Merited by Ratimov (2)
 #1

  All Traders has a big knowledge regards in trade they never expected to win in trade cause they know that in market the cryptocurrency in trade is Volatile and everybody know that in trading is unexpected wetheir we lose or win.

  Some newbie in trade and they have not enough knowledge regards in trading after that they take a risk an they just lose, all they will say that trading is a scam ,fake, not reliable, and not Good to trade. That's why they lost their faith about trading . That's why some traders here give some advice on how to trade or before you trade we must learn how to enter in trading.

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July 20, 2021, 11:31:52 AM
 #2

Knowledge is Paramount in all of life endeavors. Just the same way you don't go for war unprepared or go for a music concert without rehearsals so is it in trading. You must be equipped irrespective of your level of experience or how long you feel you have spent learning trading you would still need to refresh your knowledge consistently it's something you can't just avoid this is one of the professions that needs consistent update on what you know.

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July 20, 2021, 12:12:57 PM
 #3

Trading is not a game or a gamble, but it is a business. and in a business is required to dare to take measurable risks. when today we experience a loss, then there is still tomorrow to make a profit, so it's not just one bet. therefore we must be able to adjust the psychological according to technical analysis, but for all that requires a process
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July 20, 2021, 12:32:04 PM
 #4

Those people that says that trading is a scam whenever they lose, they just keep quiet and grow up. That's the same in gambling when someone is losing yet he gambles.

And when he's winning, he won't have any word but only happiness in his mind.

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July 20, 2021, 02:20:05 PM
Merited by Rikafip (1)
 #5

Some newbie in trade and they have not enough knowledge regards in trading after that they take a risk an they just lose, all they will say that trading is a scam ,fake, not reliable, and not Good to trade. That's why they lost their faith about trading . That's why some traders here give some advice on how to trade or before you trade we must learn how to enter in trading.
Newbies have to learn about wallets (custodial, non-custodial). Do their own research about exchanges (reviews, ie.)
Learn basics about the market price cycles, psychological cycle.

What is crash on the market? And why such crash happen? When it usually happens and sort of things have relations with those crashes (good/ bad news, fuds, regulations)

Be woke that Trading is not Gambling.

Carefully start a trading carreer with 1 % of capital. Repeat it 10 times and waste 10% of capital to learn 10 lessons from the market. Grow up with more skills and experience. It's not easy.

The bear market filters good and bad traders, not bull market.

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July 20, 2021, 02:30:09 PM
 #6

People who face it rough the most are those think trading is a get rich quick scheme. One must invest in a lot of their time in research, learning and patience when trading. To some people the get gains within a couple of weeks, other it go for more than 10 years. So one must be ready to take on whatever comes their way.

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July 20, 2021, 02:31:01 PM
 #7

Those people that says that trading is a scam whenever they lose, they just keep quiet and grow up. That's the same in gambling when someone is losing yet he gambles.

And when he's winning, he won't have any word but only happiness in his mind.

Trading is somehow same effect with scam for a newbie trader that didn't know what he is entering or encountering down the road. This crybaby lads only thinks about moon, lambo and pump that's same when investing on scam that hoping for high return for a short period of time. This is the only reason why many traders including pro falls victim on high leverage trading. X100 and above leverage offered by exchange is cheat move because crypto is very volatile for that kind of position with low liquidation margin.

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.....I AM BLACKJACK.FUN.....
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July 20, 2021, 02:51:04 PM
 #8

That only happens when a person goes into some investment blindly and completely throws away money towards other traders. Yes, at the start, you have that beginner's luck that you have, and you, as a person that is a newbie, expect the same results all over again. And that's when the spiral starts, and you are now on the trail to lousy luck and money burn.

There are plenty of ways to learn, and you just have to be willing to put in the time and effort to learn.

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July 20, 2021, 03:30:04 PM
 #9

Time, patience, knowledge and Capital is significant in trading. If you don't have it, better not to trade because I am sure you will only blame the trading when you have had losses and say that trading is a scam. Trading is not a game, Yes that's why you need to learn both technical and fundamental analysis in trading and always manage your emotion.

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July 20, 2021, 03:42:37 PM
 #10

  All Traders has a big knowledge regards in trade they never expected to win in trade cause they know that in market the cryptocurrency in trade is Volatile and everybody know that in trading is unexpected wetheir we lose or win.

  Some newbie in trade and they have not enough knowledge regards in trading after that they take a risk an they just lose, all they will say that trading is a scam ,fake, not reliable, and not Good to trade. That's why they lost their faith about trading . That's why some traders here give some advice on how to trade or before you trade we must learn how to enter in trading.

If you take trading as a game, you will may lose all your fortune before you realise and by the time you do, it may be to let.
There is nothing as close to perfection in trading when you employ risk management. It differs in individual but similar in actions.
I find it ridiculous when some one place a trade with 125x, and then I wonder how they intend to get rich or probably they have this notion of making it over night with just $100.
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July 20, 2021, 04:02:50 PM
 #11

People who face it rough the most are those think trading is a get rich quick scheme. One must invest in a lot of their time in research, learning and patience when trading. To some people the get gains within a couple of weeks, other it go for more than 10 years. So one must be ready to take on whatever comes their way.
It is not my advice, but with investment, patience will give good rewards. Obviously, investments should be made with legit projects, not scam ones.

I meant, sometimes, lazy investors don't do any research, just hear from the others, and take risk to invest. If they are luckily enough to invest into good projects and they have at least sort of characteristics of investors, patience, they can end with good profits.

With trading, especially leverage tradings, they will have no chance. Make serious mistakes, ok, the market will liquidate their positions and 70 to 80% of capital will be gone with liquidation. Repeat mistakes a few times, all capital will be gone.

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July 20, 2021, 07:00:42 PM
 #12

  All Traders has a big knowledge regards in trade they never expected to win in trade cause they know that in market the cryptocurrency in trade is Volatile and everybody know that in trading is unexpected wetheir we lose or win.

  Some newbie in trade and they have not enough knowledge regards in trading after that they take a risk an they just lose, all they will say that trading is a scam ,fake, not reliable, and not Good to trade. That's why they lost their faith about trading . That's why some traders here give some advice on how to trade or before you trade we must learn how to enter in trading.
I currently do not dare to fully dive into trading because my knowledge and experience is still very little. trading casually with small capital that's what I'm doing. I think that trading is not a game so I don't underestimate it.

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July 20, 2021, 07:51:03 PM
 #13

  All Traders has a big knowledge regards in trade they never expected to win in trade cause they know that in market the cryptocurrency in trade is Volatile and everybody know that in trading is unexpected wetheir we lose or win.

  Some newbie in trade and they have not enough knowledge regards in trading after that they take a risk an they just lose, all they will say that trading is a scam ,fake, not reliable, and not Good to trade. That's why they lost their faith about trading . That's why some traders here give some advice on how to trade or before you trade we must learn how to enter in trading.
Knowledge and experience.!

This is the main thing needed for you to sustain this market and all of those professionals or experienced ones are also a newbie when they start up but these people are the ones

who hadnt give up once they had failed out but majority do turned their backs and call it a scam because they had lost money or simply it did broke their expectations.

Trading is indeed not a game and not an easy money scheme where you can simply jump in without preparation.You would only realize this when you do experience for yourself.



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.....I AM BLACKJACK.FUN.....
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July 20, 2021, 08:05:01 PM
 #14

trying to wrap my head around what you are saying but i think that even professionals that understands trading failed sometimes. they all make prediction hoping that the market turns in their favour and when such happens, they simle there way to the bank but when it fails. they bow down without any noise. it is a gradual process and i don't think liquidation will end anytime.

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July 20, 2021, 08:08:14 PM
 #15

~
That is how crypto trading introduced in social media sites. It is like 100x in x days. Cheesy
Just me scrolling down my Facebook news feed, and I see plenty of scams to report at. It is a scam pit for those who are unaware.
People falling also for doublers.

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July 20, 2021, 08:18:17 PM
 #16

~
That is how crypto trading introduced in social media sites. It is like 100x in x days. Cheesy
Just me scrolling down my Facebook news feed, and I see plenty of scams to report at. It is a scam pit for those who are unaware.
People falling also for doublers.
You do mean about leverage and those are just simply trying to hook out noobs to believe and make them as a referral and on the side note of things about 100x returns then this is simply a deceptive kind of action.
You are making trading as a game? You arent doing investment but rather you are doing gambling.When you do invest or put up money on trading then the best thing to have in mind is on how to make it grow
and how to sustain yourself in the market with just trying to minimize losses as small as possible and this wont be an easy thing or can be achieved overnight.

Trading should be taken seriously or else you are just wasting your money.


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Rikafip
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July 20, 2021, 08:42:43 PM
 #17


The bear market filters good and bad traders, not bull market.
This!

I remember back in 2017 I thought that I am pretty decent at trading just because we were in the middle of altseason and whatever I bought it was going up, I just couldn't miss. But then 2018 came and I soon realized that I am an awful trader and due my lack of knowledge and patience it was basically a gambling. Since then I just DCA and hodl.

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AakZaki
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July 20, 2021, 09:24:55 PM
 #18

Never say you play with money. Money is not for toys. Trading is not a game. I don't agree that trading is a game. It took me a long time to understand and benefit from it. I never compromise with a predetermined management regarding trading money. Maybe some rich people believe they are quite easy to make money, but look at many other people who have different fates with us. In the end I always say for beginners. Be prepared to lose money if you want to learn. Because trading is a process, nothing happens right away. People who survive will be more successful than those who leave.

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Lanatsa
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July 20, 2021, 09:50:10 PM
 #19

Never play with your investment because if you do tend to waste up money on the first place then you should have played gambling instead.Trading is not a game and this is where most people been focusing on because they do know the opportunities and chances that it could give when it comes to profiting and if you aren't really serious with it then expect that it wont really be giving good results
but rather you would be losing money instead of gaining.  Entertainment and Investment should be separated and its on different genre.
If you are serious on making money then take it seriously too and don't play around.

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July 20, 2021, 10:34:57 PM
 #20

We surely need to take care of our money and make a trade wisely as in every single mistake, you can lose everything you have might as possible. I know sometimes we think that trading is like we gamble our money, slightly yes as we are not sure about the results either we gain or lose. But if we know how to mage our trade and we also have a huge market knowledge plus effective strategies, this could reverse the situation and will give you a favor. And the chance is we possible make a profit rather than to lose our money.

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