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Author Topic: Do you want to quit trading ?  (Read 1984 times)
TheUltraElite
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September 10, 2021, 09:39:32 AM
 #101

So I would say the people who have entered exchanging won't ever escape exchanging. Envision attempting to bring in cash on the unstable market sets to cover bills and you can't deal with the stop misfortune hit by the current market cost.
I dont take it so seriously. If you are going to trade, you have to assume you will lose some and gain some. But comparing trading to the endless cycle of gambling is not correct. Of course it can be a type of a luck based game - in reality trading needs skills and is an EV+ game unlike gambling on dice which is EV-

Now you may feel that losing money in trading would demotivate you, but if you are putting money in the correct price and in the correct coin which is none other than bitcoin, you will not face such problems.

While I can only assume that you had taken up altcoins in your previous attempts, I would suggest you to try going for bitcoin but at lower prices and see how that unfolds. Just think of it yourself, if you bought bitcoin back at 3000USD and you are now selling at this price - would that not have been profitable?

 
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Cryptoababe
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September 10, 2021, 11:23:33 PM
 #102

Ive never considered abandoning trader because of any reason. No matter how much i loss, i always look forward to make them back.

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September 10, 2021, 11:39:37 PM
 #103

I never think to stop trading, I am not the loser who gives up easily. If I did a mistake in trading and I lost some money, I think it is normal and should be considered a valuable experience. So, in the future, we won't do the same mistake. But of course, I won't focus on trading only, I also invest in some top coins and plan for the long term. I also don't quit my job in real life, so trading is only a part of my daily business and I don't depend on trading only for my monthly income. In this way, I have no reason to quit, just enjoy trading if I have time to do it.
jossiel
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September 10, 2021, 11:41:03 PM
 #104

Ive never considered abandoning trader because of any reason. No matter how much i loss, i always look forward to make them back.
You're persistent.

Despite the difficulty that you're experiencing as a trader, you won't give up. Well, you can have other option if you keep on failing as a trader.

You actually don't have to quit it but just leave it.

Pom_bensin
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September 11, 2021, 02:29:06 AM
 #105

There are a lot of people that chose not to be a day trader and the others who have tried day trading, stopped because of the reason of losing. In trading, we can quit and be back at any time in our will. My decision is to stop for the moment, be focused on holding. While holding, I'm thinking that maybe someday I'll be back and go full time trader. It doesn't have to be day trading but as long as I'll have gains weekly and that's good for me to sustain my needs, that's what I'm considering but that will in the far future.
pausing while trading is better than quitting. there is a benefit of pausing that we can analyze our mistakes when trading, and when we continue trading we can learn from past failures and can make a profit. because if the trade fails and we give up maybe we will forever lose and not get our profit
kapalmabur
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September 11, 2021, 08:23:27 AM
 #106

There are a lot of people that chose not to be a day trader and the others who have tried day trading, stopped because of the reason of losing. In trading, we can quit and be back at any time in our will. My decision is to stop for the moment, be focused on holding. While holding, I'm thinking that maybe someday I'll be back and go full time trader. It doesn't have to be day trading but as long as I'll have gains weekly and that's good for me to sustain my needs, that's what I'm considering but that will in the far future.
pausing while trading is better than quitting. there is a benefit of pausing that we can analyze our mistakes when trading, and when we continue trading we can learn from past failures and can make a profit. because if the trade fails and we give up maybe we will forever lose and not get our profit
Yes trading does not always bring a profit, sometimes we can lose money,
I think that's natural and that's part of the trade itself,
analyzing is certainly an important thing and I think everyone needs to do that in order to know what makes them fail in trading
bitzizzix
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September 11, 2021, 09:14:54 AM
 #107

Ive never considered abandoning trader because of any reason. No matter how much i loss, i always look forward to make them back.
You're persistent.

Despite the difficulty that you're experiencing as a trader, you won't give up. Well, you can have other option if you keep on failing as a trader.

You actually don't have to quit it but just leave it.
Yes, you are very persistent.

because most of the common mistakes that are usually made when trading is to give up when accepting losses, even though the losses that occur will be a valuable experience for them to be better in the future.
and loss is a risk that must be accepted by traders, and make failure or whatever it is as your motivation to become a successful trader.

Stay positive. Wink


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September 11, 2021, 09:21:43 AM
 #108

I almost quit trading some years ago base on some negative reward i was getting from my trading. I use to see trading as a place where people make money easily without experience.
Since I started trading with experience it hard me, feel quitting than to remain in trading to be part of the beneficiary. Never you allow mistakes to drive you out from trading because the more you experienced mistakes in the trading the more you become perfect in training.

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September 11, 2021, 01:06:52 PM
 #109

Ive never considered abandoning trader because of any reason. No matter how much i loss, i always look forward to make them back.
You're persistent.

Despite the difficulty that you're experiencing as a trader, you won't give up. Well, you can have other option if you keep on failing as a trader.

You actually don't have to quit it but just leave it.
In trading we need to learn first before we can earn from it, sometimes we think what we do is right, and accepting that our method is wrong can help us learn and pursue ourselves to study it. Quitting should not be an option, what we need is to know how we can improve ourselves or seek advice and accept the fact that we need it to earn. I tried to stop quiting before thankfully I have a friend who also study along with and help me with.

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September 11, 2021, 01:10:39 PM
 #110


Yes trading does not always bring a profit, sometimes we can lose money,
I think that's natural and that's part of the trade itself,
analyzing is certainly an important thing and I think everyone needs to do that in order to know what makes them fail in trading
we could not avoid loss in our trade not even expert or master traders.  loss was unvoided thing in any trading, market always moved unpredicted which is we were not ready to face it while againts our position. the only thing was how to minimize this risk and loss so our trading result good be better and make us survive. quit from market was not good solution , we have been sacrife our money and time so far.

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BitTraderCute
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September 11, 2021, 02:06:42 PM
 #111

I never think to stop trading, I am not the loser who gives up easily. If I did a mistake in trading and I lost some money, I think it is normal and should be considered a valuable experience. So, in the future, we won't do the same mistake. But of course, I won't focus on trading only, I also invest in some top coins and plan for the long term. I also don't quit my job in real life, so trading is only a part of my daily business and I don't depend on trading only for my monthly income. In this way, I have no reason to quit, just enjoy trading if I have time to do it.

that is good plan for your life dude, now you have several income source to filled daily needs. trading , investing and bounty campaign which is be your income source, i am believe you have alot saving in bank or crypto wallet. and back to trading, our mistakes should be important lesson for us and analize in which part we did wrong.
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September 11, 2021, 02:16:26 PM
 #112

You can't think about quitting when you see yourself enjoying it. Quitting is for those who think that they get compromise and becoming hopeless. A lot of people did this, and countless traders decide to quit as they don't understand the situation and being frustrated with the results. It could be hard once on your first try you had suffered losses. That might also I feel when it happens to me but good thing it was not, and quitting is out of my mind.

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September 11, 2021, 02:25:27 PM
 #113


Yes trading does not always bring a profit, sometimes we can lose money,
I think that's natural and that's part of the trade itself,
analyzing is certainly an important thing and I think everyone needs to do that in order to know what makes them fail in trading
we could not avoid loss in our trade not even expert or master traders.  loss was unvoided thing in any trading, market always moved unpredicted which is we were not ready to face it while againts our position. the only thing was how to minimize this risk and loss so our trading result good be better and make us survive. quit from market was not good solution , we have been sacrife our money and time so far.
therefore it is necessary to stop loss or dare to cut loss when our analysis is not appropriate or out of the framework. many of the traders ignore it, so they are dragged into deeper losses. in trading the eye foresight of every trader is different, therefore it is necessary to have the confidence to read the market situation according to personal analysis. Indeed, there is no history of an expert trader who is anti-loss, but we have to find out why they can survive in the market

conected
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September 11, 2021, 02:26:16 PM
 #114

I never think to stop trading, I am not the loser who gives up easily. If I did a mistake in trading and I lost some money, I think it is normal and should be considered a valuable experience. So, in the future, we won't do the same mistake. But of course, I won't focus on trading only, I also invest in some top coins and plan for the long term. I also don't quit my job in real life, so trading is only a part of my daily business and I don't depend on trading only for my monthly income. In this way, I have no reason to quit, just enjoy trading if I have time to do it.

- Many people will take a strong stance on the transaction and have a settlement mode without thinking of giving up, but there are also many people who are shaken in their stance, they are not people who lack success in trading or in real life, they have not even suffered a big loss but their feeling with trading is that it's a terrible and poorly prepared cake, they get tired of munching on it every day. If they still can't find inspiration, even better trading, they will quit as their way of taking off the burden.


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September 11, 2021, 08:27:11 PM
 #115

I myself will not quit trading even if I make a huge profit

I don't think I'll be quitting trading anytime soon.
Of a truth, trading has risk, but it also has benefits.
If we quit because of the risk, we will never enjoy the profit. We don't get to make profits everyday but we can try.
And I believe one get better at trading by trading more.
As you gain more experiences you become smarter. This does not guarantee wins tho.
That's right, someone with long trading experience is more likely to profit...

trading is not a job that can be mastered in a short time, a lot must be trained in order to build instinct and intuition in trading.

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Mahanton
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September 11, 2021, 08:32:21 PM
 #116

I never think to stop trading, I am not the loser who gives up easily. If I did a mistake in trading and I lost some money, I think it is normal and should be considered a valuable experience. So, in the future, we won't do the same mistake. But of course, I won't focus on trading only, I also invest in some top coins and plan for the long term. I also don't quit my job in real life, so trading is only a part of my daily business and I don't depend on trading only for my monthly income. In this way, I have no reason to quit, just enjoy trading if I have time to do it.

- Many people will take a strong stance on the transaction and have a settlement mode without thinking of giving up, but there are also many people who are shaken in their stance, they are not people who lack success in trading or in real life, they have not even suffered a big loss but their feeling with trading is that it's a terrible and poorly prepared cake, they get tired of munching on it every day. If they still can't find inspiration, even better trading, they will quit as their way of taking off the burden.
Really impossible for you not to be shaken when you do really been experienced a barrage of losses and fails which you cant really avoid not to think that trading isnt really for you.I could tell since there
are really some situations which you cant really able to avoid on where you would really be thinking that nothing works no matter how hard you do make improve yourself and this is where self
perseverance and endurance and control of someones emotion and if you do really have that passion then it would be a helpful thing for you to sustain.

R


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blockman
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September 11, 2021, 08:33:21 PM
 #117

There are a lot of people that chose not to be a day trader and the others who have tried day trading, stopped because of the reason of losing. In trading, we can quit and be back at any time in our will. My decision is to stop for the moment, be focused on holding. While holding, I'm thinking that maybe someday I'll be back and go full time trader. It doesn't have to be day trading but as long as I'll have gains weekly and that's good for me to sustain my needs, that's what I'm considering but that will in the far future.
pausing while trading is better than quitting. there is a benefit of pausing that we can analyze our mistakes when trading, and when we continue trading we can learn from past failures and can make a profit. because if the trade fails and we give up maybe we will forever lose and not get our profit
You don't have to quit for some time and get back anytime. So whether it be pausing or quitting, it's all on you. If you get exhausted then stop freely and go back to take yourself some relaxation. Learning is really the reason why we have to stop and take time to understand where we failed and take that lesson to ourselves in trading and even in investing. As you go through and grow up in trading, you'll see yourself grow and will become better in terms of decision making.

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September 12, 2021, 05:08:31 PM
 #118

I will not quit trading, because bitcoin has a very huge potential influence in the entire world. I take trading as source of income and I learn more on trading every day. People with different ideas and knowledge about trading gives us more insight in this forum and they help us in moving some steps forward as we really believe in bitcoin.
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September 12, 2021, 05:15:35 PM
 #119

I will not quit trading, because bitcoin has a very huge potential influence in the entire world. I take trading as source of income and I learn more on trading every day. People with different ideas and knowledge about trading gives us more insight in this forum and they help us in moving some steps forward as we really believe in bitcoin.

Once you already tasted it and won, you want more winning trades. No quitting for you.

There is a way for trading to be less risky, it's to trade only a few amounts. For adrenaline junkie traders, they feel the thrill whenever there is a risk and they like it.
If there is just a way to earn without risking, I will pick that path only at least focus more on the time wasted in analyzing charts that sometimes makes me stoner.
Sadly even the lending platforms like the blockFI or Nexo are already threatened by SEC.

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September 12, 2021, 09:49:25 PM
 #120

Ive never considered abandoning trader because of any reason. No matter how much i loss, i always look forward to make them back.
You're persistent.

Despite the difficulty that you're experiencing as a trader, you won't give up. Well, you can have other option if you keep on failing as a trader.

You actually don't have to quit it but just leave it.
Yes, you are very persistent.

because most of the common mistakes that are usually made when trading is to give up when accepting losses, even though the losses that occur will be a valuable experience for them to be better in the future.
and loss is a risk that must be accepted by traders, and make failure or whatever it is as your motivation to become a successful trader.

Stay positive. Wink
Staying positive is good but don't just overlook and have too much of it. There's also a time that being too optimistic will push you harder even if you're already seeing the negative on it.

Those losses will always be a part of your wins and lessons that are with it.

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