crzy
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July 20, 2021, 10:46:25 PM |
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I don't also like the idea of treating Trading as a game because that's too risky and you should be more serious in trading because there's a money involve here and if you take this for granted, expect your trading at a loss because of being too ignorant about how trading works.
Your knowledge in trading will make you a better person and make you good profit, it takes a lot of patience, sacrifices and consistency in order for you to succeed in trading. This is not just about buying and selling, you have to be on a perfect timing to avoid any losses and be consistent on taking profit.
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Wawa2013
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July 20, 2021, 10:48:23 PM |
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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.
As long as we have good analytical skills and always learn from every mistake we make when trading, there should be a bigger chance to make a profit from trading. I agree sometimes trading does look like gambling, but there is a clear difference between gambling and trading. Because gambling games are very dependent on luck, while trading we can rely on our ability and experience to be able to get a profit. We have to remember that trading is quite complicated and it does require expertise in reading price movements to be a successful trader.
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Clavulanic
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July 20, 2021, 11:41:03 PM |
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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.
This was all misconceptions from traders who doesn't have learnings obtained from trading, because they're into this money making process without awareness for possible negative and positive outcomes. What's important here if you wanted to learn everything, don't limit yourselves into specific strategy; you can find all resources based on reality on market trending activities. They lost because they failed to handle themselves in times of pressures specially when emotions triggers fear and anxiety when price started to crash down.
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Questat
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July 20, 2021, 11:42:24 PM |
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I don't also like the idea of treating Trading as a game because that's too risky and you should be more serious in trading because there's a money involve here and if you take this for granted, expect your trading at a loss because of being too ignorant about how trading works.
Your knowledge in trading will make you a better person and make you good profit, it takes a lot of patience, sacrifices and consistency in order for you to succeed in trading. This is not just about buying and selling, you have to be on a perfect timing to avoid any losses and be consistent on taking profit.
It consists of a higher level of market understanding and appreciation. People who got into trading had found no joke about this as it was money. If we just treat this as a game, maybe it was better to gamble instead. I don't know how some people just think about it but that is their appreciation. They'll soon find it wrong once they are in trading and once they lose their money and get disappointed. It is sometimes our experience could tell the truth and that only it happens when we are actually doing it in real life.
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famososMuertos
Legendary
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Activity: 1918
Merit: 3047
LE ☮︎ Halving es la purga
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July 20, 2021, 11:57:14 PM |
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If I'm not mistaken, you named trader-trading 14 times and although a bit redundant, it is not actually a game, although some may take it as a hobby. One must be attentive to everything if he is going to dedicate himself to trade if he wants to be successful, in fact it only takes 0.01 to do it well, at least with that we do not guarantee losses.
If it seems little to you, it is $ 100 out of 10k, the important thing here is in what time; days, weeks, months or just seconds ... it seems like a challenge of levels of emotions, but never a game, at least it should not be for a trader .
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LUCKMCFLY
Legendary
Offline
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
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July 21, 2021, 03:53:26 AM |
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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.
Many of the newbies want to enter and earn thousands of dollars, some do it trusting that they will become millionaires, when they begin to lose they think those things, which is scam that there are traps, but the most important thing of all is that before entering trade, the important thing is to study, without study it is very difficult to achieve success. In the same way, many enter gambling and they may be lucky and win but it is not ideal, I always recommend that those who start do so by reading books, such as Wyckoff and Jesse Livermore, they were honestly my mentors in this. I do not advise following signals, or influencers, because they do not follow their own issues, of 1000 only 1 if you do, and it is unlikely to find them, studying only technical analysis is not good, because you do not learn to understand the market, it is better to combination of both.
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WNTRjon
Jr. Member
Offline
Activity: 148
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Chief Executive Officer at Weentar
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July 21, 2021, 04:01:05 AM |
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If you only trade what you are willing and ready to lose, and just appreciate the excitement of near-unlimited possibilities, it can effectively become a game. It's when people start using money that they cannot or should not lose that it becomes very serious. I literally learned about Bitcoin in the early stages from online games. Unfortunately, I thought Bitcoin would never take-off and didn't even save my wallet details when I got Bitcoin super early.
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Mpamaegbu
Legendary
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Activity: 2870
Merit: 1233
Once a man, twice a child!
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July 21, 2021, 08:06:54 AM |
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Of course, that's true. Those who take trading as a game are merely gambling. It's just a matter of time before they realize that.
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.
As a trader you've to know that it's not always a win-win thing. There are days you have it bad too. But the ultimate thing is to always let your profit supersede your loses. That's the simple way to succeed in this industry. It's a huge misconception when traders think its failure to have loses from time to time. There's nothing about failure in it.
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LimLims
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July 21, 2021, 08:08:53 AM |
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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.
That’s true whatever you said. And to be honest it’s also a fact if we see honestly. Most newbies are here to make money, rather than give time on how to make money. Without proper knowledge if you invest a big amount in trading, then God too cannot save you from becoming bankrupt. What you can do instead is research and trial before going into trading.
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boyptc
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July 21, 2021, 09:19:48 AM |
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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. It's because they've got no experience and they anticipate that it's all about money and winning. But when they don't have any good result, they quit and that's the good decision that they think will make them safe away from the risk of trading.
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Cherylstar86
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July 21, 2021, 10:13:55 AM Last edit: July 21, 2021, 11:59:04 PM by Cherylstar86 |
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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.
That’s true whatever you said. And to be honest it’s also a fact if we see honestly. Most newbies are here to make money, rather than give time on how to make money. Without proper knowledge if you invest a big amount in trading, then God too cannot save you from becoming bankrupt. What you can do instead is research and trial before going into trading. Trading is not just a win-win thing without even doing something great on it but trading includes knowledge and a good skills in research to know more on those coins that gives a great profit. If you don't have enough knowledge in this kind of investment and you invest a big amount of money, then it might lead you to bankruptcy. Trading will give some effect and sometimes lead to scam for some newbies who don't have a proper knowledge in this cryptocurrency world. Sometimes newbies encounter a fake, not reliable and sometimes those coins that are not good to trade. Maybe sometimes other traders gives those newbies an advice on how to trade in a good way and what techniques they need for them to be successful that will surely lead them to happiness.
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carlisle1
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July 21, 2021, 11:24:20 AM |
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This was all misconceptions from traders who doesn't have learnings obtained from trading, because they're into this money making process without awareness for possible negative and positive outcomes.
Misconception coming from those who are just looking for benefits and not studying the pro and cons from this industry, it's very important to balance everything before jumping to any investment that you'll going to take. What's important here if you wanted to learn everything, don't limit yourselves into specific strategy; you can find all resources based on reality on market trending activities.
Keep trying mixing strategy in due time you'll be able to manifest good system that will help you to achieved working from this market. They lost because they failed to handle themselves in times of pressures specially when emotions triggers fear and anxiety when price started to crash down.
That's your number one enemy, fears inside you needs to work out and overtaken, it will keeps you moving forward if you accomplished beating it up.
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Obito
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July 21, 2021, 12:57:02 PM |
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Of course it's not a game, but you don't have to be so serious about it because it's not like it will make you yield more money plus it helps that you are loosen up a little when you are trading because you want to make sure that you are thinking clearly, it's alright to threat it like a game but remember that it's not a game.
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Maslate
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July 21, 2021, 02:22:33 PM |
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Of course it's not a game, but you don't have to be so serious about it because it's not like it will make you yield more money plus it helps that you are loosen up a little when you are trading because you want to make sure that you are thinking clearly, it's alright to threat it like a game but remember that it's not a game.
Some people just think it was a game, I don't know why but maybe because trading is like you gamble money for a win and loose end, similar on what we do in gambling. But I don't stress myself to stand that they are wrong and I am right, it was their appreciation if they that they called it, that's fine. It's just we know that trading could really hurt us if we fail and the same feeling when we gamble and lose. What makes difference between these two is the strategy we use where trading needs deep knowledge and focus on the market which is far different from gambling.
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so98nn
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July 21, 2021, 02:39:26 PM |
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I call trading more or less "gambling" if you are doing it without knowledge. It's not been many days I have seen major change in my friends share market analysis after he joined the Tutorials by a professional in the field of trade analysis. Believe me he himself told me how he used to stupid decision maker before this knowledge, how he could have saved lots of money or defended the market crashes etc. He is so expert now that he can easily identify the next move of market based on the different "TA Theorem's" of which I dint even knew the names earlier. Lolz. He is speaking the TA stuff in futures and options, profit booking with stop loss and trend moves based on candle sticks etc.
Yeah, I lived the example of Trader without knowledge and With knowledge. It makes sense!
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michellee
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July 21, 2021, 03:13:31 PM |
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If the traders think that trading is a game, they are wrong because trading is not about winning and losing the money but about how we can have patience in analyzing, waiting for the market moves, knowing when we can enter the market, etc. But we can not blame if some traders think that trading is a game because that will be up to them. Let them think like that while we better focus on our trading and make as much profit as possible. If they see that the other traders can profit from them, they will see and maybe they will change their perception about trading and will be serious about trading.
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Cling18
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July 21, 2021, 03:57:29 PM |
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Trading without enough knowledge at least about the basics is like fighting a battle without any weapon, you'll surely lose. Trading is a long process of learning since it has a huge risk because of the market's volatility. What we need to learn is how to deal with the market. It's better to trade when we're fully prepared emotionally and if we're knowledgeable about what we're doing.
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monineklutak
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July 21, 2021, 04:12:03 PM |
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Trading without enough knowledge at least about the basics is like fighting a battle without any weapon, you'll surely lose. Trading is a long process of learning since it has a huge risk because of the market's volatility. What we need to learn is how to deal with the market. It's better to trade when we're fully prepared emotionally and if we're knowledgeable about what we're doing.
That is absolutely true and one must remember that trading is not something easy, and with us trading without having any knowledge I think it's just a waste of time, Moreover, trading is high risk, so apart from having knowledge, we need to have a strong mentality too
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Vaculin
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July 21, 2021, 10:41:44 PM |
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Trading without enough knowledge at least about the basics is like fighting a battle without any weapon, you'll surely lose. Trading is a long process of learning since it has a huge risk because of the market's volatility. What we need to learn is how to deal with the market. It's better to trade when we're fully prepared emotionally and if we're knowledgeable about what we're doing.
That is absolutely true and one must remember that trading is not something easy, and with us trading without having any knowledge I think it's just a waste of time, Moreover, trading is high risk, so apart from having knowledge, we need to have a strong mentality too It is everything must be set before we start trading as that is the only way to have passive results otherwise, losses will what to get. People who had come into trading must make themselves ready in a situation that their mindset might be tested so bad. That is why it is needed a strong personality and mindset, and are willing to adjust themselves depending on the situation (flexible). And most importantly, they have the goal to succeed.
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Shenzou
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July 21, 2021, 11:55:38 PM |
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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.
A lot of people have this wrong idea about cryptocurrency markets where they go in thinking that they will be able to make huge profits from it in a short amount of time, so they invest money and not time and they are blinded by their greed and they end up making mistakes and taking the wrong actions and as you said they start blaming others or the market or the method for their mistakes, where they should be investing in knowledge and educating themselves before going and losing their money.
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