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Author Topic: Do you want to quit trading ?  (Read 1985 times)
matchi2011
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September 19, 2021, 12:54:10 AM
 #141


That's why trading is not as easy as some people think and making a profit is not easy,
besides the big risk, of course there are many factors that make us continue to lose or lose money when trading,
other knowledge and skills are also important
The whole concept seems to be easy but in reality it's not, trading composed by many influenced, easy to say to buy low and sell high but executing the process is the thing that most traders and investors start to lose their money, the timing and the changing volatile nature of this business.

You need to have good skills and knowledge with the market that you are investing your money, without the effort of researching and studying the business, you'll see yourself keep losing your money.
At the beginning of trading every one know about positive and negative effects of this, so I am sure this is not talk, indeed these efforts have more potential to gain profit but here we need strong mentality If you want to be succeeded in this.

If we have passion of trading then few mistakes never enough for doing this like quitting trading if you don't have enough money for trading. Losing is happening, It's nothing bad because this give you some experience we have to more focus and hard worker for more success and better results in trading.
Many just said they know the positive and negative but same with your statement even they know things without strong mentality
they lost their money in a short span of time, with heavy volatile nature espeially inside crypto trading. If you dont have that capacity
to adjust and the will to proceed, you'll just going to find yourself quitting  this business.

Things is learnable but not everyone have that capabilities, if you don't have the passion it's too difficult for you to survive.

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Peanutswar
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September 19, 2021, 03:06:18 AM
 #142

This is why looks like trading are for the people who have a strong mind this is a psychological battle between losing and winning for your trades. Many people already quit the trading because some of them cant handle anymore too many losses of their money if you already see this kind of problem and having self-awareness stopping or quitting trade is a much ideal thing instead of losing a lot more money and can't handle any more. Still, there are people who keep continuing trading because they know there's a right time to win trades by using their mistakes and learn from experiences.

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September 19, 2021, 09:50:37 AM
 #143

Almost every career, discipline or profession has its own hazard, risk and disadvantage. I hear many people who feel like quiting or abandoning their kind of job because of the risk they go through.

Likewise trading is risky too. For you as a trader, have you considered abandoning trading because of the high risk of losing money in your trade?
As a trader sometimes we will lose a huge amount of money and there are sometimes that we wanted to quit trading because we always loss on it and feel like trading is not for us. But how can we get back the loss money if we will not continue to trade. The trader who wanted to quit is the trader who are not lucky on trading I experience quiting on trading but I am still doing a self study in my room and continue to trade in using small amount of money and I believe that soon I will earn on it.
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September 19, 2021, 02:00:44 PM
 #144

I must finish what I have started and I will try my best till the end

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September 19, 2021, 02:14:04 PM
 #145

I must finish what I have started and I will try my best till the end

That is the spirit of a passionate person. It is one attribute of a committed trader that wants to succeed. This means when the trade isn't yielding profit, you will be ready to ask questions, research and update the trading skills. Most traders will face obstacle but the ability to keep going creates more grounds to conquer. Do more research if you are having challenges in your trade.
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September 19, 2021, 04:38:15 PM
 #146

Same in the case with me many times, I had been failed in trading doing and buying the shit coins that has so many news but some time they didn't reach to their gaining position because in trading every  thing can be possible at a level we didn't even think about that. So, I prefer you not to lose hope ever.

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September 19, 2021, 04:47:25 PM
 #147

Same in the case with me many times, I had been failed in trading doing and buying the shit coins that has so many news but some time they didn't reach to their gaining position because in trading every  thing can be possible at a level we didn't even think about that. So, I prefer you not to lose hope ever.
It's because those news were just for hype.

I've been into that type of style before but it didn't do me good and that's why I just stopped following those news. It's better to buy during the rumors and just sell on the news.

That's more effective.

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September 19, 2021, 05:11:08 PM
 #148

I have not yet made a decision to quit trading. Traders trade knowing that there is a risk of loosing money in trading. And I use as much money in trading as I can afford to lose. However, if you trade a little knowingly without greed, you can earn from here.
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September 20, 2021, 11:21:16 PM
 #149

I have not yet made a decision to quit trading. Traders trade knowing that there is a risk of loosing money in trading. And I use as much money in trading as I can afford to lose. However, if you trade a little knowingly without greed, you can earn from here.
In trading you really don't have to be greedy. Because if you're too greedy, that will make you miss the selling point.

You'll think of a better price to sell and even the price you can see today is good, you'll miss that because you want bigger profit because of greed.

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September 21, 2021, 10:24:27 AM
 #150

I have not yet made a decision to quit trading. Traders trade knowing that there is a risk of loosing money in trading. And I use as much money in trading as I can afford to lose. However, if you trade a little knowingly without greed, you can earn from here.
In trading you really don't have to be greedy. Because if you're too greedy, that will make you miss the selling point.

You'll think of a better price to sell and even the price you can see today is good, you'll miss that because you want bigger profit because of greed.
Just play with what you are okey to lose and don't be greedy. It sounds so easy but when you enter the trade it gets so hard with everything getting together. Feelings also are big part of losses.
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September 21, 2021, 01:06:16 PM
 #151

All jobs must have risks, but we must face them instead of running away from the reality. It is difficult because cryptocurrencies often make our heartbeat go up and down like the market conditions that occur. We are worried, happy, anxious, even disappointed. When you feel you are not strong with trading and want to end it you have to remember the time when you could be victorious and make profits with Bitcoin, make it a hope and enthusiasm. The market goes down just hold your coins, don't be careless.
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September 21, 2021, 02:16:12 PM
 #152

Of course, it has risky because no one perfectly says that, now I can get profit from the tokens. Many times, I lose my money, many times, I got profit by the trading. So, if you invest, you should know more and more knowledge about the crypto-currencies which you want to invest. Having simple knowledge, I think, Don't invest.

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September 21, 2021, 04:07:36 PM
 #153

Of course, it has risky because no one perfectly says that, now I can get profit from the tokens. Many times, I lose my money, many times, I got profit by the trading. So, if you invest, you should know more and more knowledge about the crypto-currencies which you want to invest. Having simple knowledge, I think, Don't invest.

As you go further, experience will lead you to a much better understanding of how to sort projects. It's a non-stop process
which mostly tough to survive, but those who managed to work it out are gainers. They all enjoying the fruit of their success.
once they've fully developed a good system that will help them to manage each trades or investment that they are participating.

More on how you spare your time, focusing on all the possible knowledge that you may gain from the process and how
you execute for your investment.

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September 21, 2021, 04:41:26 PM
 #154

For me, I'm not quit in trading. When You start trading or continue trading you need to patience and control yourself.Many people quit trading and loses their money cz they didn’t know proper experience and i think they were greedy.I think you should need patience and long time holding coin or token and i think you can get more profit in future.
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September 21, 2021, 05:06:32 PM
 #155

You all are aware of the fact that trading involve both gain and loss. During some moments you may lose but may be gain in other moments. I have gain so many times in trading. I am very happy to join trading. Furthermore, I can't stop trading as it is really beneficial. Trading gives me much more profits during this pandemic situation.

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September 21, 2021, 07:17:02 PM
 #156

Is it possible for me to ever want to stop trading? That should have been a question during my days of studying crypto trading, and even then, I don't think my answer would have been yes; instead, I would have boldly said no.
I've noticed some strange profits in trading rather than holding, especially during hard dips like the ones that occurred yesterday and today due to the Asian financial crisis, it's very easy to just buy dip with huge funds and sell at high in huge profits and continue the process, this hard dip with volatility has happened at least three times and it's an added advantage for those with fiat to get into the market than holding some a 90 days profit that will get sweep off in just a hour.
boyptc
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September 21, 2021, 09:11:18 PM
 #157

I have not yet made a decision to quit trading. Traders trade knowing that there is a risk of loosing money in trading. And I use as much money in trading as I can afford to lose. However, if you trade a little knowingly without greed, you can earn from here.
In trading you really don't have to be greedy. Because if you're too greedy, that will make you miss the selling point.

You'll think of a better price to sell and even the price you can see today is good, you'll miss that because you want bigger profit because of greed.
Just play with what you are okey to lose and don't be greedy. It sounds so easy but when you enter the trade it gets so hard with everything getting together. Feelings also are big part of losses.
Yes.

It is the suggestion most of the time to only trade/gamble with what you afford to lose. Our feelings do play a significant impact and when we're too emotional.

You just can't control it and might lose everything.

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September 21, 2021, 09:18:04 PM
 #158

I have not yet made a decision to quit trading. Traders trade knowing that there is a risk of loosing money in trading. And I use as much money in trading as I can afford to lose. However, if you trade a little knowingly without greed, you can earn from here.
In trading you really don't have to be greedy. Because if you're too greedy, that will make you miss the selling point.

You'll think of a better price to sell and even the price you can see today is good, you'll miss that because you want bigger profit because of greed.
Just play with what you are okey to lose and don't be greedy. It sounds so easy but when you enter the trade it gets so hard with everything getting together. Feelings also are big part of losses.
Yes.

It is the suggestion most of the time to only trade/gamble with what you afford to lose. Our feelings do play a significant impact and when we're too emotional.

You just can't control it and might lose everything.
Emotion is something that cant really be controlled which is true but once you had gained up sufficient experience then this is where things do really change up on where you could handle out various
situations that you cant able to handle wayback before and since you are already having some knowledge and you have developed your skills then that kind of confidence would really be
showing up or could really be useful on your further trades in the future.Quitting is something an excuse because you wouldnt know unless you do try and take note that
this doesnt involve a short period of time, it would take years.

R


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September 21, 2021, 09:56:39 PM
 #159

High risk to lose money during trades doesn't scare me. KYC more disturbed me with each new day. Most of famous crypto markets impose mandatory KYC. Even my favorite Binance enforces mandatory KYC for all users https://www.theblockcrypto.com/linked/115166/binance-mandatory-kyc-regulatory-pressure . I Iiked crypto because of its anonymity but now everything changes. Now it appears, it isn't if you want to trade.  I don’t want to quit trading but don't want to make KYC as well.
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September 21, 2021, 10:20:39 PM
 #160

Yes.

It is the suggestion most of the time to only trade/gamble with what you afford to lose. Our feelings do play a significant impact and when we're too emotional.

You just can't control it and might lose everything.
Emotion is something that cant really be controlled which is true but once you had gained up sufficient experience then this is where things do really change up on where you could handle out various
situations that you cant able to handle wayback before and since you are already having some knowledge and you have developed your skills then that kind of confidence would really be
showing up or could really be useful on your further trades in the future.Quitting is something an excuse because you wouldnt know unless you do try and take note that
this doesnt involve a short period of time, it would take years.
It can be controlled.

But if you loose control on it then that will make you do things that you can no longer control. It happened for so many times not only for me but to other traders too.

You may want to quit but there's no sense in quitting because you'll do it again anytime you want.

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