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Author Topic: It is possible to make a profit by trading  (Read 921 times)
Fivestar4everMVP
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January 08, 2022, 07:49:56 PM
 #101

I have been trading for a long time. However, it is not always possible to benefit. In some cases there is a possibility of loss. After facing huge losses, I have benefited again after a long time. Bought 3k$ from a seller with current price of k 10k$. However, the dollars have not been set at present. Currently using trading. So I think the most beneficial. What do you think?
First, it's kind of difficult to really understand exactly what you were trying to say, but going but your subject, the answer is yes, first, you should think... If trading crypto currencies wasn't profitable, how come many people are trading it, there are those who even take it as their day job, what I mean by day job is.. It's their profession, they have so mastered trading that they even make more money than some CEOs of companies operating outside crypto.

So to cap, crypto trading is highly profitable if you know what you are doing, if it's not working for you yet, it's because you are yet to master the skill.

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January 09, 2022, 04:36:57 PM
 #102

If you have the skills and the discipline to trade you should be able to make profits, if
you only have 1 of the 2 there is a big chance of loss.
That basically covers the whole tutorial on, "how to be a successful trader" in my view. Your comment is merit worthy, sad I don't have any to splash on it now (I will have to revisit this though). The discipline aspect takes care of the killer emotions which every trader is exposed to. Without a grip on one's emotions, whatever trading skills one has is messed up during life trading.

And to the OP, yes people do make a living from trading. We've full time traders. I mean, traders who do nothing else to put good on the table apart from trading.

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January 09, 2022, 09:56:29 PM
 #103

Minimum 10 years of trading experience can make successful stock market trader, let's apply this rule for crypto traders too.
10 years? I guess that must be too long period of time even for a part time/occasional trader. A hard working person will learn all the required skills of trading within six month and a lazy one will not learn anything even after trading for 25 years. So, you cannot define a time period to gather enough experience for being successful in trading.

people do make a living from trading. We've full time traders.
Anyone can be a profitable traders in this crypto space if they care to learn and to practice.

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January 10, 2022, 12:12:49 PM
 #104

I have been trading for a long time. However, it is not always possible to benefit. In some cases there is a possibility of loss. After facing huge losses, I have benefited again after a long time. Bought 3k$ from a seller with current price of k 10k$. However, the dollars have not been set at present. Currently using trading. So I think the most beneficial. What do you think?
Trading is profitable if you do it correctly, many traders already prove this one especially if you trade continuously with a goals to achieve. Its normal to lose money in trading, what you can do is to be more consistent and have more winnings than your losses. Trading is a work, you should take it seriously.
You are right, in fact if trading is taken as a job it is something very serious, and to have a final decision regarding it, it is also necessary to emphasize that each person has a skill for the types of trading, there are people who are good For long-term trading, other short-term, I know friends who have quit their job because they simply earned 4USD, and it seems more profitable to trade that way they lose a little, because for them it is better to lose 10 USD but when they win, they earn around 30usd, they already see it as a job and have learned risk management applied to their money.

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Odusko
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January 10, 2022, 08:43:26 PM
 #105

I have been trading for a long time. However, it is not always possible to benefit. In some cases there is a possibility of loss. After facing huge losses, I have benefited again after a long time. Bought 3k$ from a seller with current price of k 10k$. However, the dollars have not been set at present. Currently using trading. So I think the most beneficial. What do you think?
Life is not balance, at times thing do not work the way we thing,you can't be gaining always,sometimes you loose another time you gain, it will be good for you to trade with  coin instead of dollar, and the best way to trade is to buy low and sell high especially when you are trading with bitcoin.

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January 10, 2022, 08:49:59 PM
 #106

I have been trading for a long time. However, it is not always possible to benefit. In some cases there is a possibility of loss. After facing huge losses, I have benefited again after a long time. Bought 3k$ from a seller with current price of k 10k$. However, the dollars have not been set at present. Currently using trading. So I think the most beneficial. What do you think?
Life is not balance, at times thing do not work the way we thing,you can't be gaining always,sometimes you loose another time you gain, it will be good for you to trade with  coin instead of dollar, and the best way to trade is to buy low and sell high especially when you are trading with bitcoin.
Buy low and Sell high is the most common or basic principle of trades but its not really simple as it sounds or make out some action execution due to unpredictability of the market.

You cant really just buy without putting up some analysis towards those decisions and this is what make things harder for you to consider out.You could make out profits with trading

but it would vary or does depend on how you do trade and we know that not all would really be that skillful or knowledgeable on things.

R


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January 10, 2022, 08:58:10 PM
 #107

I have been trading for a long time. However, it is not always possible to benefit. In some cases there is a possibility of loss. After facing huge losses, I have benefited again after a long time. Bought 3k$ from a seller with current price of k 10k$. However, the dollars have not been set at present. Currently using trading. So I think the most beneficial. What do you think?
People are making money form trading every day so you need to get the right skill since it's been long you get trading. Trading is not easy as we all think so get the right information so you can win at last. I lost big money recently in trading which really shocked me but I'm not surprised because that is how the market works. You win today and lose tomorrow.

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January 10, 2022, 09:06:27 PM
 #108

Life is not balance, at times thing do not work the way we thing,you can't be gaining always,sometimes you loose another time you gain, it will be good for you to trade with  coin instead of dollar, and the best way to trade is to buy low and sell high especially when you are trading with bitcoin.
That's always the thing we hear and say.

Very common but still many are being rekt by their own trading strategy because they're not confident with what they think. They hear others and do the opposite of that strategy.

They buy high and sell low and it's due to panic.

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Awwal08
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January 10, 2022, 09:22:31 PM
 #109

Life is all about luck, life is all about risk and our destiny are not the same. In this life some people make it with Grace while some people make it with their efforts. Yes you can make profit but you have to be on alert, you don't just have to sit and be expecting profit you have to work hard. Get profit from trading is not an easy task so prepare

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judaspriest
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January 11, 2022, 10:40:53 AM
 #110

Life is not balance, at times thing do not work the way we thing,you can't be gaining always,sometimes you loose another time you gain, it will be good for you to trade with  coin instead of dollar, and the best way to trade is to buy low and sell high especially when you are trading with bitcoin.
That's always the thing we hear and say.

Very common but still many are being rekt by their own trading strategy because they're not confident with what they think. They hear others and do the opposite of that strategy.

They buy high and sell low and it's due to panic.
It's not good to get used to listening to others without being able to make decisions for yourself,
living like that is just a waste of time,
Don't rely too much on others, better learn to improve yourself

andriarto
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January 11, 2022, 02:43:51 PM
 #111

Life is not balance, at times thing do not work the way we thing,you can't be gaining always,sometimes you loose another time you gain, it will be good for you to trade with  coin instead of dollar, and the best way to trade is to buy low and sell high especially when you are trading with bitcoin.
That's always the thing we hear and say.

Very common but still many are being rekt by their own trading strategy because they're not confident with what they think. They hear others and do the opposite of that strategy.

They buy high and sell low and it's due to panic.
a lot of things happen, where expectations don't match reality, we dare to buy at high prices, because we don't want to miss the opportunity to make a profit. from this, greed seems to always appear in our hearts, and finally the market rect, panic sell occurs. therefore we must stabilize psychologically to be able to think calmly before taking action

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Rigon
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January 11, 2022, 04:05:45 PM
 #112

Currently the market situation is much worse. It is not possible to make a profit by trading at such a time. However, they are trading futures, especially since they are not making much profit at the moment and they are in a lot of losses. However, there are two coins that give a lot of profit, but luck is counted.So I think it's better not to trade when the market is bad. If you want to trade, you have to analyze the different markets and the different coins that you will be trading.
livingfree
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January 11, 2022, 08:29:29 PM
 #113

Life is not balance, at times thing do not work the way we thing,you can't be gaining always,sometimes you loose another time you gain, it will be good for you to trade with  coin instead of dollar, and the best way to trade is to buy low and sell high especially when you are trading with bitcoin.
That's always the thing we hear and say.

Very common but still many are being rekt by their own trading strategy because they're not confident with what they think. They hear others and do the opposite of that strategy.

They buy high and sell low and it's due to panic.
It's not good to get used to listening to others without being able to make decisions for yourself,
living like that is just a waste of time,
Don't rely too much on others, better learn to improve yourself
Nothing to listen to what others say.

If it's a good suggestion, you're free to follow it but if you don't like what you've heard, you're also free not to listen and just ignore them.

We have our own decisions to make and there are times that those suggestions might be helpful to us.

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doomloop
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January 12, 2022, 04:21:47 AM
 #114

I think it's better not to trade when the market is bad. If you want to trade, you have to analyze the different markets and the different coins that you will be trading.
No need to switch over to different coins when the market is sideways or down trend. You just need to improvise your technical analysis to make you more skilled to make profits in all market conditions as profiting is possible at all market situations. If you keep changing like that then you may not find time to trade as you may need to look for new market and new coin to trade.

I mean bitcoin is enough for any one to trade to make profits as bitcoin market is always having good volume and enough price movement to apply our technical analysis to buy at low and to sell higher than that.

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January 12, 2022, 04:58:51 AM
 #115

It's not good to get used to listening to others without being able to make decisions for yourself,
living like that is just a waste of time,
Don't rely too much on others, better learn to improve yourself
When traders are not profitable with their own signal generations then they start relying on other's signal for their each and every decisions of buy/sell of crypto trading and in my opinion, it may not be a bad thing as long as you are able to make profits. Instead of losing all the capital within the process of testing own technical analysis, I also believe it would be better to buy signals from third parties. If you are able to take a break from trading for the reason of enhancing your trading skills and to practice in paper trading then you may not need to go buying signals.
dataispower
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January 12, 2022, 07:07:44 AM
 #116

It's possible to make a surplus profit from trading the thing is that many people don't want to believe understand that trading is like game at times you will trade all your capital will go away and some times you merit some profit in trading, but at least before you go into trading you have to study and know and also practice well the kind of trading you want to do, future trading is not the best trading that provides profit many people go into it, making profit from trading is base on your brain in trading
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January 12, 2022, 12:08:10 PM
 #117

I have been trading for a long time. However, it is not always possible to benefit. In some cases there is a possibility of loss. After facing huge losses, I have benefited again after a long time. Bought 3k$ from a seller with current price of k 10k$. However, the dollars have not been set at present. Currently using trading. So I think the most beneficial. What do you think?

Yes it’s possible if you know a lot about TAs, reading the charts, candlesticks, etc., but always be ready for the unexpected. In crypto trading, expect that you lose most of the time. Changing your perspective and mindset will make your disappointment and frustration much lesser than those newbies and beginners who are prone to being emotional after a loss.

Pla
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January 12, 2022, 05:22:00 PM
 #118

In general, profit from trading is the goal of any trader's work. When I started working with a broker from Amarkets, I learned a lot on a demo account in order to get a good result.
but sometimes a demo account with a real account will be much different. when using a demo account we always gain, but when we use a real account we lose a lot. Mental readiness and analysis need to be considered. Everyone does expect profits, but don't forget what the risks will be and how to handle those risks. Safe and managed trading will be very helpful.

R


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January 12, 2022, 10:48:36 PM
 #119

In general, profit from trading is the goal of any trader's work. When I started working with a broker from Amarkets, I learned a lot on a demo account in order to get a good result.
but sometimes a demo account with a real account will be much different. when using a demo account we always gain, but when we use a real account we lose a lot. Mental readiness and analysis need to be considered. Everyone does expect profits, but don't forget what the risks will be and how to handle those risks. Safe and managed trading will be very helpful.
Demo trades isnt bad for the sake of having a good grasps of everything in related with trading but real experiences could be attained with real fund or capital accounts in trades on which you would really be doing your

best on making trades since you know that money is on risk and thats why mistakes shouldnt really be that on severe manner because this could totally fucked up your entire trading career.

Of course you could make money or profits with trading but this isnt something simple as it sounds yet it would be needing lots of factors for you to do so.

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January 13, 2022, 03:03:48 AM
 #120

I have been trading for a long time. However, it is not always possible to benefit. In some cases there is a possibility of loss. After facing huge losses, I have benefited again after a long time. Bought 3k$ from a seller with current price of k 10k$. However, the dollars have not been set at present. Currently using trading. So I think the most beneficial. What do you think?

Well, I guess you know the answer already to your own question dude, so why are you asking if we can get profit by trading? your stupid if you don't know the answer for this query, excuse me for the term anyway. It is because there are only 3 ways for us to grow our cryptocurrency here in this business and they are Staking, Farming and Trading.

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