Trading is not meant 4everybody

[Gosgosking]

Trading is not for everyone.  You can't just start  trading without having any knowledge about trading.  Trading are for people  who have knowledge about trading,  people  who have take time to learn and understand what trading  is all about.  Trading  are for those who have found out what trading is about.

[1714924470]

1714924470

[iv4n]

Trading is not for everyone.  You can't just start  trading without having any knowledge about trading.  Trading are for people  who have knowledge about trading,  people  who have take time to learn and understand what trading  is all about.  Trading  are for those who have found out what trading is about.

Anyone can try to trade... and I think everyone should give it a try! It's the only way to find out if trading is for you or not! Of course, don't try it with everything you have, don't borrow money for trading if you don't have any clues about trading... but I guess anyone can spare some money and give it a try, and who knows, maybe you will find yourself in trading!
We are not born with knowledge and experience, it's something we get along the way! In that process, it's normal to lose some money (like paying for school), the point is the learn something from your mistake and losses, and try to do better in the future if you are able to... if not just quit trading and focus on something else!

[carrigan]

It's true that trading is not meant for everyone. Just as work has its own portion for people. Not everyone can take all the jobs, they have their own advantages and expertise. Trading is like that, but for those who want to be determined and learn it is not impossible that they will become reliable. Trading is risky but also generates profit, just like any other business or job that has its own plus and minus values, but the cryptocurrency world is known to have a high risk due to its fluctuating value. But everyone until now is still pursuing crypto and its development is progressing. It is an extraordinary thing to see the enthusiasm of the community from year to year is increasing.

[rodskee]

Everyone deserves something but not everyone deserve everything , this case of what we deserve according to what we wanted .

If you want to be a trader then you must work for it and this will not come to you overnight and instant.

take time, effort and skills.

if you don't have those qualities then Yes you are not for trading .

[Bagaji]

Yes trading crypto currency is not for everyone but so many people out there are not aware of this fact and was why many of the newbies do trade in the name of making good money but end up loosing their whole capital. Try and learn from other people's mistake and not your own mistake because if you learn from your mistake you are already a failure.

[AicecreaME]

Life decisions is all about trial and error, to figure out the things you wanted the most and where your skills are fitted, because you won't grow if you keep doing what you don't want to do. There's the saying that goes "If you do what you love, you'll never work a day in your life.", same goes in Trading. If your friends makes fortune in Trading while you do not even though you started the same time with them and study the same thing, then the problem is your adaptation in that field.

Maybe you are suited to do something else and trading is not it. So don't be afraid to start again until you make profits just like what you wanted.

[Zanab247]

Yes, trading is not meant for lazy people who see everything as a magic without giving a try to that particular thing to know how investors are using it to make money in the community. If you started trading with fear don't expect anything good from your trade because your mind will not let you comfortable with the trading in the market.
Those professional in trading, it hard them to experience failure in their trading because them know all the rules and regulations that guide trading and also understood the environment they are and how to remain in profit making. They don't trade with fear no matter how poor the market look like because they believe that market can change within a seconds or a minute.

[doomloop]

It should be understood that trading is a rather specific occupation, and it is not easy to work in this industry.

Yeah, if after trading for a long time and it is not working, it’s good to take a break and make good decision for yourself. It’s either going to be that you quit from it or you can decide to look at skills and strategies and see whether there are areas that needs to be improved for you to get better, but if that’s not working out then it is best for you to just quit, rather than continuing with the trading and keep on losing your money while you’re gaining nothing.

I have seen people who took this risk of persisting even at a time when they are losing, and to be sincere with you, that doesn’t really work, because a lot of them went really broke and they start regretting why they ever did.

[freedomgo]

It should be understood that trading is a rather specific occupation, and it is not easy to work in this industry.

Yeah, if after trading for a long time and it is not working, it’s good to take a break and make good decision for yourself. It’s either going to be that you quit from it or you can decide to look at skills and strategies and see whether there are areas that needs to be improved for you to get better, but if that’s not working out then it is best for you to just quit, rather than continuing with the trading and keep on losing your money while you’re gaining nothing.

I have seen people who took this risk of persisting even at a time when they are losing, and to be sincere with you, that doesn’t really work, because a lot of them went really broke and they start regretting why they ever did.

If you keep doing a certain thing that is not with your own passion, you will certainly not succeed. Just like in trading, no matter how hard you do it and you even use a lot of strategies just to succeed, the fact that there is really something wrong with how you trade, you will never really gain profits. So maybe start evaluating yourself if you really have the guts to keep on losing, or you just try other things that may be easy for you and will also fit your personality. Because in trading, if you also don't have the right attitude, you will still end up a loser.

[Fesatmas]

And so when you start loving crypto, it is by all means create a continuous learning from crypto, even if it means losses which can also give you lessons too. So i think everyone can really trade, but not everyone can bear losses and that is the reason why some traders chose to leave than to continue trading and keep on making losses.

However, since trading is very speculative, once you trade, you should also anticipate not just only gains but losses too because even skilled traders still lose in trading. Its more on building your attitude too towards your losses. But if you think, you're no longer good for trading because you even maximize committing losses than gains, then better leave or maybe take a break while still learning to make a good trade.

Obviously liking crypto makes us feel like we don't feel pressured for profit adapting to volatile trading. That's what I always teach when someone comes along wanting to start crypto trading and complains to me. So the first question I ask is: get to know crypto until you like all the characteristics that crypto has. The basis for my liking for crypto in the beginning was the freedom of transactions that were in my hands without having to deal with government institutions.

[martina14]

Trading is open to everyone, but the thing problem is that there are some people who entered to this industry of crypto trading who doesn't have any knowledge about it where in the end they cried or loss their assets. But if you are a type of trader who is willing to learn first before aiming to earn good, I could say that in the long run you can able to earn good in the future for sure.

[LUCKMCFLY]

@Mpamaegbu
Newbies like us do not like to hear loses cause it always pissed us off. Profits is what we always like to hear, maybe it keeps us going to the doom site. I'm relearning.

I think you have to be get use to lost whenever you are trading, if trading is only about profit then that's what everybody will be doing but definitely something they  will be lost but just make sure your profit is just far more than your lost. If you think you can't bear the lost then trading is not for you and if you are a trader always trade with the money you can afford to lose because anything can happen at any time.

In trading talking about losses is common, you should not be ashamed if you lose, on the contrary, sometimes losses are the ones that make you learn the most, when you lose it is an excellent option to realize that the vision of trading that you have is not the right one, that the strategy and plan are not correct. I have seen many YouTubers who say they give good advice on trading but they never show their balances, neither when they win nor when they lose, but they never talk about losing and how much they lose (If they actually trade), what if you should be careful the person is that his balance is always positive and not negative, that he always remains in profit.

[Issa56]

@Mpamaegbu
Newbies like us do not like to hear loses cause it always pissed us off. Profits is what we always like to hear, maybe it keeps us going to the doom site. I'm relearning.

I think you have to be get use to lost whenever you are trading, if trading is only about profit then that's what everybody will be doing but definitely something they  will be lost but just make sure your profit is just far more than your lost. If you think you can't bear the lost then trading is not for you and if you are a trader always trade with the money you can afford to lose because anything can happen at any time.

In trading talking about losses is common, you should not be ashamed if you lose, on the contrary, sometimes losses are the ones that make you learn the most, when you lose it is an excellent option to realize that the vision of trading that you have is not the right one, that the strategy and plan are not correct. I have seen many YouTubers who say they give good advice on trading but they never show their balances, neither when they win nor when they lose, but they never talk about losing and how much they lose (If they actually trade), what if you should be careful the person is that his balance is always positive and not negative, that he always remains in profit.

I don't really believe in people that produce tutorial videos on how to trade most of them only talk about the profit aspect of cryptocurrency trading and they don't make mention of the lose aspect which always mislead newbies,  As a newbie that don't know anything about cryptocurrency and you want to start from the beginning after watching all those videos on YouTube your mentality will be cryptocurrency is just about making profit(fit you buy a coin and you will sell at profit), not talking about losing money which they do. So as a newbie after trading and losing they endup feel bad and been disappointed which will make them lose interest in Cryptocurrency which is very bad. My advice is that if anybody is creating a video or teaching anybody cryptocurrency always talk about the profit and the lose, me in particular if am teaching a newbie about cryptocurrency I always emphasize on the lose aspect so that whenever you lose you won't be disappointed.

[Fivestar4everMVP]

I don't completely agree that trading is not for everyone, anyone can trade effectively if they are patient enough to learn all that is to it, no body was born with knowledge of trading or any other skill there is in this world, what people are good at, they took their time to learn and become good at it.
If you really wanna trade but keep loosing when you do, don't think it's totally not for you, it only requires patience and time to learn, you decide that trading is not for you if you can't be patient and give yourself time to learn how to.

[Silberman]

Trading is for those who:
1. Have at least basic knowledge of crypto and trading itself
2. Those who are able to take risks
3. Have been aware of risks so that we can manage and control ourself to minimize the risks.
4. Not only focus in profits but also process
5. Trading involves many thing, especially management of funds and also emotion.
Never be greedy and stress because of trading. Calm down

The fourth point you have in your list is one that disqualifies a lot of people but it is one I completely agree with, many people only care about the results they get on the markets, and while this posture is understandable at the same time it is incredibly dangerous to have it, after all a series of losses is something that every single trader goes through and while the trader that only cares about the results begins to question everything they have done so far, the trader that cares about the process begins to examine their trades, and if everything was done according to their strategy then they just accept this as part of the price they need to pay to obtain long term profits and do not panic due to the losses they have been suffering.

[Shasha80]

~

~

I do not agree with this at all, if you are depending on your luck in order to make money then you are not really trading but gambling, it is true that many people do this but I do not consider them traders at all, if what you said was true then there would not be consistent winners in the market, but we know there are, and this is evidence that your skill is more important than your luck, can luck affect some of the outcomes you get? Of course, but your skill can eventually overcome the bad luck that could come to you with ease given enough time.

Real traders don't depend on luck to make profit, if there are traders who depend on luck when trading, I think they are gamblers not traders.
Therefore trading is not for everyone, only people who want to learn all things about trading that are suitable for trading. I have several friends
who are already making regular profits through trading, and my friend is trading relying on the analytical skills he has, then helped by experience
that made every decision he made mostly right. Indeed, there is no guarantee that we can continue to profit when trading, but if the amount of
profit generated is greater than the loss experienced, that includes successful traders.

In crypto trading, you need experience here aside from the basic trading skills. Because experience will teach you how to spot a possible pump and dump coin, or a coin that is about to be abandoned, or a worthless token just banking on the hype. This will help you on how to trade them in exchanges and take advantage of their movement. If you are relying on luck, then, I don't think you are entitled to be called as trader.

I agree that experience is an important factor that enables us to make the right decisions. Because people who are experienced in the crypto world,
it is smarter to choose coins that are suitable for trading. Of all the coins circulating now, not all are good for trading, from experience we can know
the criteria for potential coins for trading. Another important thing from our trading experience is that we can learn from the mistakes we have made,
so that they do not happen again in the future. So don't worry if we are new to the world of trading, we often make mistakes, and often choose
the wrong coins. That will be our experience, to be a lesson, in order to do better. Indeed crypto trading is not easy, sometimes it requires
a long process, to really understand how the crypto world works.

[matchi2011]

I don't completely agree that trading is not for everyone, anyone can trade effectively if they are patient enough to learn all that is to it, no body was born with knowledge of trading or any other skill there is in this world, what people are good at, they took their time to learn and become good at it.
If you really wanna trade but keep loosing when you do, don't think it's totally not for you, it only requires patience and time to learn, you decide that trading is not for you if you can't be patient and give yourself time to learn how to.

Got your point, and it's a mindset that needed to enhance when you are working inside this
business, trading is a good venue to earn but there are many struggles that you need to patiently
observe in order to enhance your capabilities, if you know how to deal with this the right way
you will always find ways to adjust.

[Anguwa]

Sure trading is not for everyone, because it needs patience, a lot of time to learn different trading strategies and skills involve in trading. Also it's important to know that once you decide to go into trading, you should know the risks involved in it. So if one can take the risk and learn more about trading before going into trading properly will surely lead to more profit.

[Theones]

I don't completely agree that trading is not for everyone, anyone can trade effectively if they are patient enough to learn all that is to it, no body was born with knowledge of trading or any other skill there is in this world, what people are good at, they took their time to learn and become good at it.
If you really wanna trade but keep loosing when you do, don't think it's totally not for you, it only requires patience and time to learn, you decide that trading is not for you if you can't be patient and give yourself time to learn how to.

That's very much true. Nobody is born as a successful trader. It all depends on how much you work hard to acquire knowledge necessary to become successful trader. There is no defined strategy to  become successful trader,  everyone learns ( through his mistakes over the time ) and create his own. We have to remember one thing that majority of short term traders end up in loss. Real win is in long term investment.

[Oceat]

Sure trading is not for everyone, because it needs patience, a lot of time to learn different trading strategies and skills involve in trading. Also it's important to know that once you decide to go into trading, you should know the risks involved in it. So if one can take the risk and learn more about trading before going into trading properly will surely lead to more profit.

Too easy to say yet hard to do because trading will always take some time before anyone could trade with ease using their different strategy. And also, even those long time traders are still losing but I'm sure they can manage the risk or few losses by gaining profit on the other day.

I would say trading is not really meant for everybody but meant for someone who do give some effort to learn after losing and not those who lost just choose to quit instead of learning where they made their mistakes on why they lose in trading. Once you learn to value your losses you will learn and your hard work and effort will pays off.