Zilon
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September 01, 2021, 05:47:19 PM |
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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?
No profession is without risk. It's based on individuals ability as well as their passion. For me I will keep trading because I'm so certain that I will someday become so confident in myself without having any more doubt about my trading ability. Quitting is a capital no for me I'm always willing to develop myself with it
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Golftech
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September 01, 2021, 05:54:19 PM |
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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?
Yeah, I've thought that a few times. although sometimes I get profit, but it is quite painful when we get a loss. but, back to the beginning, that we know how to risk in trading. however, I have considered a few times not to trade anymore, but I think it has become a habit of mine for now which is hard to break. Most of us who suffered from big losses feel that way, considering moving away from this business and try to find other venues for their investment. But they keep coming back knowing that there's also room to improve and try another strategy that may bring them better outcomes, if you feel the pressure it's good for you to have some rest, trade back when you already feel that you have much clearer mindsets. it helps a lot to decide properly.
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dunfida
Legendary
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September 01, 2021, 08:33:22 PM |
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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?
Yeah, I've thought that a few times. although sometimes I get profit, but it is quite painful when we get a loss. but, back to the beginning, that we know how to risk in trading. however, I have considered a few times not to trade anymore, but I think it has become a habit of mine for now which is hard to break. Most of us who suffered from big losses feel that way, considering moving away from this business and try to find other venues for their investment. But they keep coming back knowing that there's also room to improve and try another strategy that may bring them better outcomes, if you feel the pressure it's good for you to have some rest, trade back when you already feel that you have much clearer mindsets. it helps a lot to decide properly. Not only on trading but also in other things in life on where it did really give us that disappointment which the thing comes out to our mind is to quit immediately for us to get rid of that problem but later on we would really realize that we do need to solve it out and make ourselves way more better but these decisions will really vary on someones passion and not all would really be having that kind of fixed mindset. Quit if you do but if not then try to improve yourself to make things more better in next time.
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Shenzou
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September 01, 2021, 10:29:20 PM |
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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?
The problem with trading is there is so much more risk involved in it and you are not always guarantied a profit, which makes make a living of trading a pretty nerve racking job and produces a lot of anxiety compared to other business such an office job where you always get paid and that is why trading should be a secondary income, but hey you need to risk it to get the biscuit and in once you are an expert in trading things get a lot easier.
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Quidat
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September 01, 2021, 10:33:02 PM |
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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?
The problem with trading is there is so much more risk involved in it and you are not always guarantied a profit, which makes make a living of trading a pretty nerve racking job and produces a lot of anxiety compared to other business such an office job where you always get paid and that is why trading should be a secondary income, but hey you need to risk it to get the biscuit and in once you are an expert in trading things get a lot easier. If you dont want risk then better leave off this market and find another investment which does suits you because on this market i can really say that risk is higher but if we do go into the brighter side or lets say about the possible profits you could make then this is something that you cant really see in other traditional investments that we do know. People do really have the feeling of quitting when they lost money which is a normal human kind of reaction but once you do realize on where things go wrong then this is on where you do make yourself even way more better and would go back on the track.
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Ziskinberg
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September 01, 2021, 11:30:24 PM |
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...
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?
The problem with trading is there is so much more risk involved in it and you are not always guarantied a profit, which makes make a living of trading a pretty nerve racking job and produces a lot of anxiety compared to other business such an office job where you always get paid and that is why trading should be a secondary income, but hey you need to risk it to get the biscuit and in once you are an expert in trading things get a lot easier. If you dont want risk then better leave off this market and find another investment which does suits you because on this market i can really say that risk is higher but if we do go into the brighter side or lets say about the possible profits you could make then this is something that you cant really see in other traditional investments that we do know. People do really have the feeling of quitting when they lost money which is a normal human kind of reaction but once you do realize on where things go wrong then this is on where you do make yourself even way more better and would go back on the track. This was a piece of good advice. We should remember our limitations as not all have literally become a trader. In fact, there are many traders had been leaving this job as they found out that they are not profiting anymore. It was just like a curse if we are going to continue this, that is why it is much better to find a place/job where are live comfortable and we really enjoy our life.
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Cherylstar86
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 02, 2021, 04:18:20 AM |
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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?
No profession is without risk. It's based on individuals ability as well as their passion. For me I will keep trading because I'm so certain that I will someday become so confident in myself without having any more doubt about my trading ability. Quitting is a capital no for me I'm always willing to develop myself with it Indeed. Experience difficulties in trading is not the reason also to quit on it. Trading has a lot of risk. It will just depend on you on how you handle it. Its better that you will also have the experiences since experiences help you learn a lot of things in trading. You can face everything without doubting because you have the confidence and knowledge on it. Just always trust yourself and allow yourself to develop or improve. Quitting is just for those people don't have the knowledge about it
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boyptc
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September 02, 2021, 05:04:56 AM |
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The problem with trading is there is so much more risk involved in it and you are not always guarantied a profit, which makes make a living of trading a pretty nerve racking job and produces a lot of anxiety compared to other business such an office job where you always get paid and that is why trading should be a secondary income, but hey you need to risk it to get the biscuit and in once you are an expert in trading things get a lot easier.
It is not guaranteed profit with trading. Despite the risk, this categorizes the high risk and high reward scheme but it's not ideal for the beginners that's not aware of the game. A game of strategy for those who have been in trading for quite a while and others are thinking that it's a rich's game but it's for everyone.
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lixer
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 02, 2021, 05:47:15 AM |
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Most of us who suffered from big losses feel that way, considering moving away from this business and try to find other venues for their investment. But they keep coming back knowing that there's also room to improve and try another strategy that may bring them better outcomes, if you feel the pressure it's good for you to have some rest, trade back when you already feel that you have much clearer mindsets. it helps a lot to decide properly.
It’s always worse at the first time when you start, if you lose in trading. I can remember losing money when I was still a noob and it really got to me and I had to quit to get myself together. It was not easy for me to be sincere, I felt really bad for a long time. With time I got better and then I got back and started working really hard, and I also got used to how it works. It took time for me to get better and I started recovering the money I happened to lose at first, with time I gained more from the cryptocurrency market. These days when I happen to lose a trade, I never worry much about it because I know that I am still going to get it back.
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MiF
Sr. Member
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September 02, 2021, 11:17:55 AM |
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Most of us who suffered from big losses feel that way, considering moving away from this business and try to find other venues for their investment. But they keep coming back knowing that there's also room to improve and try another strategy that may bring them better outcomes, if you feel the pressure it's good for you to have some rest, trade back when you already feel that you have much clearer mindsets. it helps a lot to decide properly.
It’s always worse at the first time when you start, if you lose in trading. I can remember losing money when I was still a noob and it really got to me and I had to quit to get myself together. It was not easy for me to be sincere, I felt really bad for a long time. With time I got better and then I got back and started working really hard, and I also got used to how it works. It took time for me to get better and I started recovering the money I happened to lose at first, with time I gained more from the cryptocurrency market. These days when I happen to lose a trade, I never worry much about it because I know that I am still going to get it back. Well all of the expert traders is start us a newbie and most of them get loss at first, I also experienced become losing and I didn't deny it, because I learned a lot from my mistakes, I always think an idea on how to start again after I discouraged from the big loss. I always put on mind that if I will quit on trading I will not recover my loss.
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Maslate
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September 02, 2021, 02:31:09 PM |
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I think that usually traders get along with this idea in the case when they just get a negative result. In this case, I think many people want to leave this industry.
We can't hide the fact that trading wasn't be profiting always and not all have been doing this feels easy. I admit that I'm one of those traders who think bad when suffering losses and I did not once but multiple times, ON and OFF to trading is really what happens to me. I did this just to gave some peace of mind. I think is a weird thing but this was the best option for me and might other people are doing the same. Quitting is not actually bad, we can't call it cowardly as these people don't really understand the situation but it was us who knows where we are and I don't think it was a great idea to sacrifice ourselves knowing that we are not good already.
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Benefactor
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September 02, 2021, 03:52:37 PM |
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Particularly since I have nearly lost cash in prospects exchanging, it doesn't feel great at all on the off chance that I don't exchange. 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.
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dimonstration
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September 02, 2021, 05:08:20 PM |
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Particularly since I have nearly lost cash in prospects exchanging, it doesn't feel great at all on the off chance that I don't exchange. 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 knew people who quit their job to focus on trading. It's cool that they trust their skills enough and crypto to start on their own. When pandemic happens we see how many workers lose job and I bet those who have already know crypto source ways to earn from it. We were licky enough to learn trading and earn from it ao why quit. Only those who are not confident enough that they can learn trading and can use it as a source of income should quit trading.
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lixer
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September 02, 2021, 06:06:03 PM |
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all of the expert traders is start us a newbie and most of them get loss at first, I also experienced become losing and I didn't deny it, because I learned a lot from my mistakes, I always think an idea on how to start again after I discouraged from the big loss. I always put on mind that if I will quit on trading I will not recover my loss.
Right? I am not really that weird because everyone has a lot of losses when they first start and eventually they start to earn more. I felt like quitting the most when I first started trading, because those were the hardest times and I didn't really get it, I studied indicators and TA as much as I can and I still made a lot of losses, which is why keep trading was a horrible feeling since I felt like I was only making a mess. Obviously it became less and less of a problem eventually and now I can't imagine stopping trading because it just feels like a great profit making machine that as long as you work hard on it, there is a good chance you could make a profit with it. It gets better, I can tell you that to all newbies who lost money and feeling loss, it gets better gradually as well, you do not start to make profit overnight but small by small you get better and eventually reach to a point where you make good profit.
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Golftech
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September 02, 2021, 06:18:35 PM |
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It gets better, I can tell you that to all newbies who lost money and feeling loss, it gets better gradually as well, you do not start to make profit overnight but small by small you get better and eventually reach to a point where you make good profit.
No argument with that, the more you seek for betterment of your trading capabilities, the more you learned from it, like you, there are newcomers who regret their first try after losing a huge amount of money, but after doing their research and try harder they come up with good trading methods, and now, they are enjoying this field making some decent amount of money from each trades that they took part.
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Fivestar4everMVP
Legendary
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Merit: 1079
Leading Crypto Sports Betting & Casino Platform
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September 02, 2021, 09:40:08 PM |
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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?
What ever kind of business that require money to make money definitely has some level of risk attached to it, some are high and some are low risk depending on path one choose to follow Trading crypto currencies are one of the major and effective ways to earn money, risk of loosing are there too, but also, Investing in crypto coin or token for future profits are also very risky too, most especially, when investing in a new coin or token. Risk shouldn't be the reason why anyone would want to stop trading except he or she is very bad in trading and do not wish to continue, then that's a separate discussion.
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24Kt
Member
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September 02, 2021, 09:50:51 PM |
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Particularly since I have nearly lost cash in prospects exchanging, it doesn't feel great at all on the off chance that I don't exchange. 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 knew people who quit their job to focus on trading. It's cool that they trust their skills enough and crypto to start on their own. When pandemic happens we see how many workers lose job and I bet those who have already know crypto source ways to earn from it. We were licky enough to learn trading and earn from it ao why quit. Only those who are not confident enough that they can learn trading and can use it as a source of income should quit trading. Some people quit the trading game because some of them lost big amount of money and they got disappointed to what it turned out. But if you are a regular crypto user, quitting is not a good idea. You can only quit if you have other important things to attend to and trading is not your bread and butter. And right now, many people are into this because a lot are still stuck at their homes, and one way to earn at the comfort of your home is to trade. Though I understand, that this activity is not for all people.
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lienfaye
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September 02, 2021, 09:51:52 PM |
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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?
There are times I feel tired of having losses and accepted that maybe trading is not really the way for me to earn in crypto. But losing is part of the process and sometimes, inevitable, no matter how knowledgeable you are because the market is unpredictable. Im not a full time trader since I also have a real job but I chose to not quit to be a trader because even if I have experience of failing, I also experience to gain huge, overtaking my whole month salary. Thats a motivation to never give up if you want to maximize your resources to save money.
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Lanatsa
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September 02, 2021, 10:13:08 PM |
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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?
There are times I feel tired of having losses and accepted that maybe trading is not really the way for me to earn in crypto. But losing is part of the process and sometimes, inevitable, no matter how knowledgeable you are because the market is unpredictable. Im not a full time trader since I also have a real job but I chose to not quit to be a trader because even if I have experience of failing, I also experience to gain huge, overtaking my whole month salary. Thats a motivation to never give up if you want to maximize your resources to save money. Indeed! I do feel this for sometimes on where I do feel like on giving up everything because I have lost too much specially if it do happen consecutively on where you would really have those thoughts that trading isn't really for you. Quitting is something that you shouldn't mind off directly because how you would make yourself to succeed if you do just decide like that right away?
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LUCKMCFLY
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September 02, 2021, 10:14:45 PM |
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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?
The truth is, despite all the risk that speculating in the market or investment represents, for me it is one of the things for which it can be very difficult to give up, most traders who quit because they are very new and often wrong. a lot when they trade, they usually leave everything to chance. When you have been trading for years and have a way of life made largely of trading, it is difficult to give up, in fact in large operators they usually never give up on it, in my personal opinion it is one of the most demanding careers and that is for every day being updated and learning, that is why it turns out to be very difficult to quit, even when there have been great losses.
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