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Author Topic: Do you want to quit trading ?  (Read 1913 times)
clorasteinberg
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October 20, 2021, 07:30:27 AM
 #261

Trading is like any other profession. If you don’t make consistent profits, then you will be more likely to quit trading. Therefore, one should dive into trading slowly and part-time. You can switch when you have a better picture of the market or make regular profits.
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BruceLee98
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October 20, 2021, 12:29:00 PM
 #262

No I have no plans to quit . its very obvious that all forms of profitable investments has its own problems and associated risks too. Likewise trading ,it comes with its own challenges too but to be able to manage and discipline yourself is very important as a trader and also learn to manage your emotions . So I can't think of quitting at all because its a very flexible and smart way to earn extra income daily.
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October 20, 2021, 02:42:38 PM
 #263

Many my friend quit from trading because they loss much but I never give up with trading, now only trading as my job and except bounty campaign as my side job, almost 24 hours keep checking with coin price and do my bounty task. I think if can control and know which one potential coin to buy most happy and enjoy with cryptocurrency world from trading or become an investor.
I agree that without sweat and without much time spent at work there will be no success but you are living in a closed space and the atmosphere is really uncomfortable, every minute and every hour for you is just crypto and the work related to price checking, just looking at your schedule is enough to know you have no relationships and no enjoyment. And you should also know that losing can be the first reason to quit trading, the second reason is addiction and hiding in the dark and no longer integrating, losing awareness of real life and you're getting very close to the edge of this downfall

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October 21, 2021, 01:23:47 PM
 #264

Many my friend quit from trading because they loss much but I never give up with trading, now only trading as my job and except bounty campaign as my side job, almost 24 hours keep checking with coin price and do my bounty task. I think if can control and know which one potential coin to buy most happy and enjoy with cryptocurrency world from trading or become an investor.
something that should be appreciated from you by not giving up quickly and already making trading a job. Of course, if you have stepped in full of confidence, you will be able to accept whatever will happen, because it is not always in the trade that you will continue to be lucky, there must be a loss.

extraordinary what has become your determination to have to take quite a lot of time to be able to monitor the movement of coins, no one will be able to do that if not with the determination that what is being done is very productive work for yourself. indeed many are unable to survive because they may be constrained by funds that may not be enough, but you are able to do that and keep trading consistently.
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October 21, 2021, 09:32:03 PM
 #265

Traders don't necessarily quit trading because of risk of losing money, instead, they quit when they suffer huge loss. Not trading due to fear of losing money is mostly done by those who haven't traded before. Traders that quit do so when the suffer loss, which is often a result of  little knowledge or experience of the market. What such an individual needs is to understand that there are losses in trade, not just profit. Traders with good knowledge, skill and profits of trading are usually addicted to it.

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October 22, 2021, 04:41:56 AM
 #266

There are so many reasons why if I had wanted to quit trading,I would have quitted since,because when you trade,and you are losing,you are suppose to sit back,learn some strategies to use in other not to loose again,before you go into trading again, but in my own case,I did not research,learn or strategies, I started trading from zero knowledge,that was why I experienced loss,but now,I no longer looose,I gain most of the times because I have learnt what I am suppose to learn,so therefore,there is no quitting anymore in the game.
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October 22, 2021, 09:38:13 AM
 #267

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?

Nope because before I start to trade crypto I understand the risk, but when I somewhat tired of trading cause I got job too in real life then I just going to hodl for long term or long enough to continue my trading activities. It's understandable about the high risk of losing money cause high return high risk right so use your money wisely and dont be greedy  Wink


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blockman
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October 22, 2021, 09:47:11 AM
 #268

Trading is like any other profession. If you don’t make consistent profits, then you will be more likely to quit trading. Therefore, one should dive into trading slowly and part-time. You can switch when you have a better picture of the market or make regular profits.
The strategy of trading part-time is actually a good action. You'll learn a little and slowly but surely if you do that because, in your experience, you'll get to know how it gets to be as a trader.
If you're not good at it then you're free to quit but if you think that you've got a lot to learn and you can do it with most of trades being successful, there is no need for you to quit.

BigBos
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October 22, 2021, 10:29:25 AM
 #269

There are so many reasons why if I had wanted to quit trading,I would have quitted since,because when you trade,and you are losing,you are suppose to sit back,learn some strategies to use in other not to loose again,before you go into trading again, but in my own case,I did not research,learn or strategies, I started trading from zero knowledge,that was why I experienced loss,but now,I no longer looose,I gain most of the times because I have learnt what I am suppose to learn,so therefore,there is no quitting anymore in the game.
well, people always want to get out when they lose, and get a loss in trading problems, but want to come back when they see people easily profiting from it.
however, a lot of people will think of quitting when they just get into trouble. however, many people left because they had already benefited greatly from it. however, this type sometimes returns when the money it has earned has run out, or does not find anything more profitable than trading.
So far, I'm not trading, however, I'm just a hobby in holding the assets I own.
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October 22, 2021, 11:06:57 AM
 #270

Why would you? As for me, trading here brings profit to many and many do not want to leave.
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October 22, 2021, 02:44:29 PM
 #271

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?
isn't that worth what we're going to get. I never thought about stopping because I think it is very reasonable that the level of risk will be equal to the possibility of profit, in the crypto market everything can be fast because price movements move in a very short time, therefore it is said that the risk of losing money is very fast but the risk of losing money very fast. get the benefit too so I think it's worth it. If you don't want to take risks, of course you don't need to trade.
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October 22, 2021, 03:12:16 PM
 #272

Trading is like any other profession. If you don’t make consistent profits, then you will be more likely to quit trading. Therefore, one should dive into trading slowly and part-time. You can switch when you have a better picture of the market or make regular profits.
The strategy of trading part-time is actually a good action. You'll learn a little and slowly but surely if you do that because, in your experience, you'll get to know how it gets to be as a trader.
If you're not good at it then you're free to quit but if you think that you've got a lot to learn and you can do it with most of trades being successful, there is no need for you to quit.

I also think that trading part-time is good, especially if an aspirant just wants to test the waters and be on a trial phase. I feel like those who would want to quit trading are those who came to much losses and can’t make their way smoothly in the market. But if aspirants are enjoying, learning, and most importantly are earning then quitting is not something to think about.

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October 22, 2021, 05:58:17 PM
 #273

I also think that trading part-time is good, especially if an aspirant just wants to test the waters and be on a trial phase. I feel like those who would want to quit trading are those who came to much losses and can’t make their way smoothly in the market. But if aspirants are enjoying, learning, and most importantly are earning then quitting is not something to think about.
For today I do not have a desire like the title of this topic. I still have many wishes that I want to fulfill in crypto trading. Indeed I trade crypto is not my full time job, but crypto provides extra more than my regular job. As long as crypto trading is legal in my country, I will continue to do so until I am no longer able to trade. It seems that crypto trading has become a routine that I do every spare time. I agree with you that a person who stops trading in crypto is a mental person, and he always loses.
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October 22, 2021, 08:24:50 PM
 #274

Trading is like any other profession. If you don’t make consistent profits, then you will be more likely to quit trading. Therefore, one should dive into trading slowly and part-time. You can switch when you have a better picture of the market or make regular profits.
The strategy of trading part-time is actually a good action. You'll learn a little and slowly but surely if you do that because, in your experience, you'll get to know how it gets to be as a trader.
If you're not good at it then you're free to quit but if you think that you've got a lot to learn and you can do it with most of trades being successful, there is no need for you to quit.

I also think that trading part-time is good, especially if an aspirant just wants to test the waters and be on a trial phase. I feel like those who would want to quit trading are those who came to much losses and can’t make their way smoothly in the market. But if aspirants are enjoying, learning, and most importantly are earning then quitting is not something to think about.
Yeah, it's like that you do it in your free time and after a tiring week, you'll have to trade and experience it. There's gotta be a lot of things to do and you're including trading with your time. But if you think that it's already too much for you to handle then there's no way that you can continue, the time will come for you to think about quitting. We have different situations and if quitting will make your life better then just do it. You don't have to be hard on yourself to keep trying if you just can't find any positive results from doing it.

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October 22, 2021, 08:35:03 PM
 #275

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?
isn't that worth what we're going to get. I never thought about stopping because I think it is very reasonable that the level of risk will be equal to the possibility of profit, in the crypto market everything can be fast because price movements move in a very short time, therefore it is said that the risk of losing money is very fast but the risk of losing money very fast. get the benefit too so I think it's worth it. If you don't want to take risks, of course you don't need to trade.
If you bring that mentality and the understanding with the business that you are engaging yourself,
you'll be able to get a good manifestation of success, people who continue to seek for the betterment
of their financial status will do everything and that's include taking the risk, doing the action will not harm
you but instead increase your chance of gaining, as long as you are willing and ready to handle whatever
damages that accompanied in this field of investment.

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October 22, 2021, 10:46:08 PM
 #276

I also think that trading part-time is good, especially if an aspirant just wants to test the waters and be on a trial phase. I feel like those who would want to quit trading are those who came to much losses and can’t make their way smoothly in the market. But if aspirants are enjoying, learning, and most importantly are earning then quitting is not something to think about.
For today I do not have a desire like the title of this topic. I still have many wishes that I want to fulfill in crypto trading. Indeed I trade crypto is not my full time job, but crypto provides extra more than my regular job. As long as crypto trading is legal in my country, I will continue to do so until I am no longer able to trade. It seems that crypto trading has become a routine that I do every spare time. I agree with you that a person who stops trading in crypto is a mental person, and he always loses.
If they will quit trading, they accept their losses.
However, we can't blame them if they will quit trading and it might they understand that trading is not for them. Just like me, when I lose a huge amount last week in trading, I decided to have to take a break, and then if I have good to go to continue trading, the gate of trading will open as always.
Just enjoy and that is right, don't think too much if you have losses, just think that someday, it will not happen again.
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October 29, 2021, 06:37:32 PM
 #277

I also think that trading part-time is good, especially if an aspirant just wants to test the waters and be on a trial phase. I feel like those who would want to quit trading are those who came to much losses and can’t make their way smoothly in the market. But if aspirants are enjoying, learning, and most importantly are earning then quitting is not something to think about.
Yes, currently in a very fast movement situation there are changes both up and down, of course it is a very wise thing to be able to do daily trading. because it is clearly very profitable if the analysis is carried out correctly and correctly.

what you're saying is that it happens often, usually when trade and experience continuous losses, of course it's very emotional and then not a few will stop and not continue again.
we can understand that this is an action that can be taken, even though we must be prepared when we enter a trade, we will experience profit and loss, of course it is normal.

Of course, the experience when losing is used as an analysis to improve the way of trading that has been done so far and don't go back to what has been experienced. let always make corrections in every trade made.

For today I do not have a desire like the title of this topic. I still have many wishes that I want to fulfill in crypto trading. Indeed I trade crypto is not my full time job, but crypto provides extra more than my regular job. As long as crypto trading is legal in my country, I will continue to do so until I am no longer able to trade. It seems that crypto trading has become a routine that I do every spare time. I agree with you that a person who stops trading in crypto is a mental person, and he always loses.
Of course you are quite happy, that there are other jobs besides trading in crypto. because now many who are trading in crypto have become permanent jobs and hope fully from the results of these trades. maybe because in a situation like the current one, where the pandemic is prolonged and there are many layoffs, finally you can only do it in crypto.

hopefully we hope that trading in crypto is not banned, even though there may be intervention it can still be done, which is so maybe it will violate these rules.
even though of course many are helped by the existence of crypto because they can do something that can produce in every job in crypto.

be happy you can still carry out routines in trading in crypto, of course very good. because it is clear that the available time can be used as well as possible and still be useful and productive. at any time if there is a clear opportunity can be used as well as possible to be useful.

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October 30, 2021, 06:26:09 AM
 #278

before we enter the world of trading, we should understand the risks of trading, so that we can have an idea if bad things happen, from there it will make our psychology more mature. after that, we will make trades that are likely to experience losses, and we are required to survive, because of the limited experience we have. whether by understanding all that we will be worth it if we stop trading?

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October 30, 2021, 07:42:50 AM
 #279

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?
I never think about this, i can't  avoid crypto or crypto trading, Profit and loss both is a part of every business, loss means it wil our next time profit, without loss we can't expect profit.             
l almost call it quits when I started trading I never knew it was highly risky I threw in everything thinking I will earn big very fast Lo and Behold I got liquidated I abandon trading for a while however I researched and came back strongly with a changed mindset of taking small profit and wait for another opportunity with small losses which is inevitable, I am still trading hoping to continue for a long term if possible quit my day job and concentrate fully into it in a bid to earn additional source of income.

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October 30, 2021, 08:23:30 AM
 #280

before we enter the world of trading, we should understand the risks of trading, so that we can have an idea if bad things happen, from there it will make our psychology more mature. after that, we will make trades that are likely to experience losses, and we are required to survive, because of the limited experience we have. whether by understanding all that we will be worth it if we stop trading?
Exactly! The worst thing we can ever do is hearing of the word trading and just rushing into it without considering the positive and negative effects of trading.
Infact considering the risk in trading should have been the first thing to ever do to avoid loss.
Our research and previous mistakes has made us understand how trading is,and we have decided to be traders no matter what,so quitting trading is something that can never happen.
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