Trading is not meant 4everybody

[teosanru]

Very true, some people are just not made for trading and it really isn't shameful to accept this fact. In fact, people try the same thing over and over again and think that this time they might be successful because their luck is with them, but the truth is entirely different, you have to be experimental and you have to change the way according to the mistakes you made in the previous experiments, and after a few experiments, you should analyze whether you are really made for trading or you are doing it just in the peer pressure of doing trading. Also, I feel there is no point in facing continuous losses just to prove to yourself you can trade when you really can't so self-introspection while trading is really very important.

[1714781456]

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[1714781456]

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[RealMalatesta]

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.

I would say nobody is born a great trader but they could start to make money very early on if they traded before in something else. A person who is trading at forex for decades now will not be terrible when they first start in crypto neither, they will be decent for sure. I know that it is not easy for people like me, I never traded before crypto (I bought stocks but that's it, not trading) and I sucked big time when it comes to trading for the first time, constantly made losses.

However since I was a long term investor before crypto, I became a great long term investor after I met with crypto as well. For me it is simple, you just buy something and it ends, you literally do nothing else but for some people not selling seems to be a problem specially during big crashes. So it is definitely not born with, but it could be great as soon as you start if you did it before.

[carolynpatterson]

Trading is not for everyone because not everyone can have the determination it requires. It’s a long-term journey. You lose and win. However, that consistency takes time, patience, and a high risk appetite.

[Botnake]

Trading is not for everyone because not everyone can have the determination it requires. It’s a long-term journey. You lose and win. However, that consistency takes time, patience, and a high risk appetite.

If you think you have all the guts to make a good trader, the motivation and determination to succeed, and of course the patience that is highly needed, then i think trading is for you. But it will take time to develop all of these, there would be a lot of losses and gains to achieved before you can say that you can be a good trader.

However, this is also true that trading is not for everyone here. Many tries to do trading and even prepared much, but they still lose and end up quitting in trading. Sometimes, luck may also matter into trading, but most of the time its more on building skills and strategies, and having the right attitude towards trading.

[Sebas.tian]

Trading is meant for those that have strong mind to bear when loss occurred and move on with their trading to get to where other traders is in profit making. A good trader never allow the past failure to draw them back in the market than to see the past as what has gone which will never come back again.
Trading is meant for those that always carry out their research all the time to know when to make profit and when to hold till the price of the coin increase higher before distributing to the market. Those that view the market before supply always last longer in profit making in the market.

[zaesvlas]

indeed, trading is not for everyone. It is important to understand that for a trader this can really explain a lot.

[Obito]

Trading is not for everyone because not everyone can have the determination it requires. It’s a long-term journey. You lose and win. However, that consistency takes time, patience, and a high risk appetite.

There's more losers than gainers in trading too so it's not unjust to say that it's not for everyone, I did try my hands on gambling once too and look where it got me? I lost more rather than gaining despite doing the right thing and then the market doesn't favor me so I just stopped doing it altogether. I think that the best thing that we should do is evaluate ourselves first before anything else when we are trading.

[Lordhermes]

Trading is not a thing you can just get up and decide to do,it something you must learn,study,follow up,learn from people that have experience,before you can start or think of doing.
So many people who did not sit-down to learn trading really lost enough money before they start gaining because they did not learn.Trading need strategies to follow it,it needs constant check-up.If it isn't really good for you,you can just throw in the towel.

[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.

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.

That is what I try to say, many youtubers or influencers only show their advice when they win, but none dared to show their balance and operations before making the trade, and they do not show their losses, I think that in trading the fact of Losing is something normal, no need to be alarmed by that, in fact those who lose gain much more knowledge, as long as they identify the reason why they lost, in the BTC market the emotions of the people as well as the plans can greatly influence of the whales and the possible fundamental news that can change the meaning of everything that the market has to do, but they should lose it, they are much more transparent, I have only seen 1 youtuber who does it and is Spanish-speaking.

[lienfaye]

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.

Well you have a point, trading is for everyone who are interested and willing to learn. However not everyone can be successful as a trader. Losing is part of trading but that doesnt mean you cant get back what you've lost because there's always a chance as long as you dont stop. But lets admit that if we keep having losses (regardless of the strategy) its discouraging. So if you're not successful as a trader, you can choose other path to take. Its possible that there are other career that you can pursue and meant for you to become successful.

[harizen]

Trading is not really meant for everybody but the question is, how can a person determine whether they are not meant to do trading? When they lose $100? When they lose $500? When they lose $1,000 and so on?

The answer will vary per person.

Let those people just continue to trade despite the loss. Sometimes the road to success can be achieved after a painful and heavy loss.

[Beparanf]

Trading is not really meant for everybody but the question is, how can a person determine whether they are not meant to do trading? When they lose $100? When they lose $500? When they lose $1,000 and so on?

The answer will vary per person.

Let those people just continue to trade despite the loss. Sometimes the road to success can be achieved after a painful and heavy loss.

Having loss is part if the journey, even traders who gains profit nowadays experience loss. Those newbies who just gain profit in their start were only considered lucky. As long as we are dedicated to learn and want to pursue this profession nothing will be impossible. There are many ways to learn now and to study how to trade if we think it’s not yet for us then we can keep grinding to study more till we fit in it. We are the one who will decide our success.

[Kasabus]

Trading is not really meant for everybody but the question is, how can a person determine whether they are not meant to do trading? When they lose $100? When they lose $500? When they lose $1,000 and so on?

The answer will vary per person.

Let those people just continue to trade despite the loss. Sometimes the road to success can be achieved after a painful and heavy loss.

Having loss is part if the journey, even traders who gains profit nowadays experience loss. Those newbies who just gain profit in their start were only considered lucky. As long as we are dedicated to learn and want to pursue this profession nothing will be impossible. There are many ways to learn now and to study how to trade if we think it’s not yet for us then we can keep grinding to study more till we fit in it. We are the one who will decide our success.

Trading does not only mean profits but it also brings losses as well. So the moment you decide to trade, expect that there will be more losses particularly if you are still a newbie, and even for those skilled traders they are still experiencing losses too.

However, even if you see yourself as a good trader and yet, you still keep on committing losses, i guess there's something wrong with how you trade, either you fix it and learn more about trading, or quit from trading so you won't be making losses at all. This only proves that trading may be done by everyone, but not everyone is capable to do a good and profitable trading. Although trading can be learned, but its still undeniable that only few traders have remained successful in this kind of industry.

[ItsCrafty]

Most of the times I say to the traders, and opinion is for the traders also that quitting the trading is not a solution to the problem, here must be some risks in trading and most of the times the coin which we had bought suddenly goes up and sometimes suddenly goes down, so there is a slight role of fortune is present in trading too, keep trying and getting experienced is the key to get profit.

[Wipeout2097]

Trdaing is an craftsmanship and combinationatin of numerous aptitudes in the event that you pick up these abilities will never conclusion with zero.Trading is fair for individuals with a parcel of tolerance and with diverse technique, information and aptitudes. Individuals with self teach and able to control feelings, with a part of time to center on exchanging and hazardous. In case you do not have that capability at that point I think exchanging is truly not for you. Trading require consideration and time so on the off chance that you prepared for it at that point go mind it.

[ningrum]

Most of the times I say to the traders, and opinion is for the traders also that quitting the trading is not a solution to the problem, here must be some risks in trading and most of the times the coin which we had bought suddenly goes up and sometimes suddenly goes down, so there is a slight role of fortune is present in trading too, keep trying and getting experienced is the key to get profit.

Failure and experiencing losses are common in trading and I'm sure people who are successful in trading have experienced it too,
so quitting is not the right decision but after all it all depends on everyone's decision

[tygeade]

Trading does not only mean profits but it also brings losses as well. So the moment you decide to trade, expect that there will be more losses particularly if you are still a newbie, and even for those skilled traders they are still experiencing losses too.

However, even if you see yourself as a good trader and yet, you still keep on committing losses, i guess there's something wrong with how you trade, either you fix it and learn more about trading, or quit from trading so you won't be making losses at all. This only proves that trading may be done by everyone, but not everyone is capable to do a good and profitable trading. Although trading can be learned, but its still undeniable that only few traders have remained successful in this kind of industry.

Many people imagine that while trading they are going to be doing fine, and since they have seen people making 100x, they get into crypto thinking they could do the same. We all know how rare it is for someone to make 100x but as with anything on social media, you only hear about the good ones. Open up instagram and check out the posts, you will see that people will share their best days at all times, because they are used to seeing the best of each other and they do the same, you do not see their worst days.

The exact same happens with crypto trades, people share their best profits, and newbies get into crypto thinking they will be making that kind of profit as well. The reality is that, just like in real life, we have ups and downs in crypto and while you may make some profits along the way that means there will be some drops in the price as well.

[SpAceSss]

Trading is not for everybody but some traders do force themselves to get more from trading which can often turn out to go the contrary of the major aim of trading.

Nothing ever in life is for everyone or an all comers' affair. It's the same way every business has peculiar people who indulge them. However, the major problem with trading is that every Tom, Dick and Harry think they can go into it even without acquiring the basic skills for it. That's a bogus conception and that's why a lot of those who go into trading get burned out. Trading should be treated as a professional course like engineering, medicine, law, journalism etc and great attention paid to it.

I once traded 1.5k of usdt pairs to add some dollars to my portfolio but lose all.

The legends understand all that. It's almost every profitable trader's experience. That's the price one pays to get it right. You blow the account, refund and blow again, then unlearn to relearn and start making profit.

1)
    B.) Stop trading and go for something else.

Winners don't quit and quitters don't win.

I like the part with ,,Winners don't quit and quitters don't win." but you dont need to be too sure in yourself.

[Quidat]

Most of the times I say to the traders, and opinion is for the traders also that quitting the trading is not a solution to the problem, here must be some risks in trading and most of the times the coin which we had bought suddenly goes up and sometimes suddenly goes down, so there is a slight role of fortune is present in trading too, keep trying and getting experienced is the key to get profit.

Quitting isnt really the solution but on the time that everything turns out to be losing on consecutive manner then you would really be thinking off that way for sure and this is unavoidable yet we are just humans and its just normal for us to have these kind of reactions
on which you would really be having those thoughts on quitting whenever you do experience this but its true that you should really be minding off first on making adjustments because this is a trial and error thing which would really requires time and effort.

[Woodie]

Not trying at all is failure on its own, besides no one trader started off as a profitable trader right from the onset! It takes losses for one to change losing trades to winning trades and lots of practice goes into the process to gain experience and confidence! Afaik Trading is not  some kind of a calling, its a skill that requires time to learnt it, just don't rush the process.