Does trading really works? Likely based on guesses

[KingsDen]

You said 80% of traders loss while 20% win.
It will also be acceptable to say that the 80% lossers are based on luck while the 20% winners are the ones using working strategies.

You rightly pointed out that strategies doesn't work for ever, within a short time it becomes invalidated. That is right, it is the nature of the market, the market is dynamic and also a successful trader should be.

Trading is not really for everyone as there are high lossers compared to gainers. But saying that trading strategies doesn't work because it is being sold is not a cogent reason. An academic professor shares his knowledge, why not use it alone and make all the money in this world.
Trading is a thing of luck and skill. Then, most times, the skillful wins the game.

[Inspiron14]

not all crypto traders are able to understand technical analysis, and many also follow the paid telegram channel to trade in crypto,
it's a fact, try to make pooling here, trading is difficult, especially trading in futures is really very difficult,
to be honest I've lost $1000 in futures trading, and can't come back again, this is a risk and I understand it

[sheenshane]

why I think trading does not works and it's based on guesses

1) 80% of traders are losers. Many do brag on being traders but they don't make money from it.
2) Trading is based on luck: you might be lucky making good profits in trading at the beginning, but later you'll pay for it.
.
.
.

All of these might have happened if you lack skills and strategies, it will end up guessing the market price and it seems you're doing more than gambling which is very crucial for your fund to have massive losses.  So, it's possible that traders would be expected to have losses when they don't have an idea how trading will work and what analysis should be used.  Some factors also are that at the beginning you'll experience losses because you're still in the progress stage of trading and gaining experience is a must before you will become a successful trader.

There's no guarantee of making a straight profit in trading, even how long you are in trading, you'll still experience losses, it's always crucial to deal with the market behavior.

[Oceat]

not all crypto traders are able to understand technical analysis, and many also follow the paid telegram channel to trade in crypto,
it's a fact, try to make pooling here, trading is difficult, especially trading in futures is really very difficult,
to be honest I've lost $1000 in futures trading, and can't come back again, this is a risk and I understand it

I think this is one of the reason too why traders losses a lot because of their experience and knowledge is not that strong. Just like what the OP said everyone could be a trader but majority of them didn't know how to grow their profit or even get back what they lost. Trading need some expertise that you are fully aware of because if not you might lost in any minute.

So the saying must be true that trading is not for everyone, some may lost, some may win, or some may never get back what they've lost.

[palle11]

10) Trading does not guarantee profit: Traders always post their profits but are scared of showing their losses. Trading is difficult, you can only become a winner through luck.

I want to talk about this yes trading is not guarantee for profit. Posting profit is all over on the social media and you don't see losses being talked about and this is what telegram group do. They post results only so that they can hype the project and make personal profit and move then leaving others in losses. I have not seen that telegram group paste their losses but it is certain that every trader have losses in their trade.

[nurilham]

In trading there is such a thing as profit and loss where it depends on the skills and knowledge possessed to be able to deal with the ups and downs of the crypto market. We can't just hope for luck here because trading requires analysis and also a good understanding of the market and coins. besides that we must remember that profit or loss in trading depends on how we manage the assets that we have. if you say many fail in trading then don't blame the trading because it has become a risk for each trader. but do introspection about whether there is something wrong with the strategy or how to manage it so that it can be better in the future.

[noorman0]

-snip-
4) If your strategy is giving you money so why are you selling it: You'll see something like "Enrol for my trading master class for the sum of $500 and become a consistent profitable trader, only 10 seats available" it sucks!

It is a great strategy to make money. Important rule, in the same way will not get the same result. And if you ask a trading technique question to those who buy such a trading class, their answers will vary.

So it's not a worry if you want to sell your trading strategy, even if it's shared for free.

[Vaskiy]

Trading works, even the founder if FTX exchange started the trading platform only after his success from his trading career and now it becomes the second biggest cryptocurrency exchange and also one of the youngest billionaire in this world. Probably there is some luck needed as well but its not like a complete gambling you have a lot of work to do before becoming the successful trader.

The story of FTX founder is different. He was into arbitrage trading, if I'm not wrong he was making use of the market difference between USA and Korea. Through that he had made millions and the same paved path for the creation of FTX to serve the people.

Trading is not a gamble, but some find success out of wild guesses. Nowadays people are more into the observation of the market which gives better understanding about the market movements. In specific almost every cryptocurrency travel along with the bitcoin market. So, making trade plans according to bitcoin price moves will give better profit.

[Dr.Osh]

well, I can only say that you are too narrow-minded in the world of trading. the question is, why do people continue to be interested in the world of trading if it is so detrimental? You may see quite a lot of people complaining about it, but I'm sure a lot of people have benefited from it. I say that because I know some people who are pretty good at trading. let's spread it
trading is not pure luck. You said that it was based on luck. no wonder you say that 80% of people who lose lose. The reason is simple, it's because they trade based on luck, not strong analysis and speculation.
sometimes people hold assets they have to get even bigger profits. In addition, if they make predictions wrong, holding can make our assets return if the coins we hold are coins that have a pretty good ability to go back up.
not everyone wants to show how much they make trading. it impressed showing off and so on. maybe some mentors show a small part of it, the goal is to motivate.
Trading does not guarantee profits, because there is risk in it. Honestly, any theory you can think of is easily debunked. I think you are not very familiar with the world of trading. try to find some trusted friends, you will surely find people who are great at this.

[AmoreJaz]

well, I can only say that you are too narrow-minded in the world of trading. the question is, why do people continue to be interested in the world of trading if it is so detrimental? You may see quite a lot of people complaining about it, but I'm sure a lot of people have benefited from it. I say that because I know some people who are pretty good at trading. let's spread it
trading is not pure luck. You said that it was based on luck. no wonder you say that 80% of people who lose lose. The reason is simple, it's because they trade based on luck, not strong analysis and speculation.
sometimes people hold assets they have to get even bigger profits. In addition, if they make predictions wrong, holding can make our assets return if the coins we hold are coins that have a pretty good ability to go back up.
not everyone wants to show how much they make trading. it impressed showing off and so on. maybe some mentors show a small part of it, the goal is to motivate.
Trading does not guarantee profits, because there is risk in it. Honestly, any theory you can think of is easily debunked. I think you are not very familiar with the world of trading. try to find some trusted friends, you will surely find people who are great at this.

i very well agree with you here. if trading doesn't work, i don't think these people will still be here. but one thing that i can say, in trading, sometimes you will win, sometimes you will lose. but to what degree? it depends on you. if you are trading without any knowledge at all, definitely failure will accompany you. but if you educate yourself with the status of the coin and what's going on, you will have an idea about their market performance and will likely gain some profits. yes, people have their speculations but you should have substantial info to make a better prediction.

[NewRanger]

not all crypto traders are able to understand technical analysis, and many also follow the paid telegram channel to trade in crypto,
it's a fact, try to make pooling here, trading is difficult, especially trading in futures is really very difficult,
to be honest I've lost $1000 in futures trading, and can't come back again, this is a risk and I understand it

alot traders do this, they prefer following signal from trading group and didnt developt their own knowledge or trading skills. confidence maybe still be serious problem for beginer traders although their analisys actually right. personally i am also joining in trading signal too, but i dont accepted it except suitable with my analisys. comparing will help us alot to avoid loss and also developt our trading skill.

[Emitdama]

10) Trading does not guarantee profit: Traders always post their profits but are scared of showing their losses. Trading is difficult, you can only become a winner through luck.

I want to talk about this yes trading is not guarantee for profit. Posting profit is all over on the social media and you don't see losses being talked about and this is what telegram group do. They post results only so that they can hype the project and make personal profit and move then leaving others in losses. I have not seen that telegram group paste their losses but it is certain that every trader have losses in their trade.

It does not guarantee a profit but it's possible to make money out of it. If we see around us, we have pro traders that already become successful because of trading. They have incurred losses but sometimes they recover it and make more than it. That only shows that trading is not only based on luck but skills matter too.

It's normal that they will post wins/profit because it makes them proud or happy. Ask yourself, aren't you happy when you win something? You also feel the urge of taking a screenshot and sharing it to the people you know right? Losses are so common, we are used to seeing it and seeing it can make your mood bad.

[Mpamaegbu]

4) If your strategy is giving you money so why are you selling it: You'll see something like "Enrol for my trading master class for the sum of $500 and become a consistent profitable trader, only 10 seats available" it sucks!

Yes, that gimmick sucks! It's deceitful, yet many can't see through it even as an obvious scam that it's. Traders should be cautious and maintain a level of patience. It's that vaulting ambition of becoming successful at all cost that makes more fall prey to scam.

Well, on trading being based on "guesses" I think that's a malapropism. We could say trading is speculative in nature, not that it's guesses. There are parameters that guard the decisions traders make and not that they just throw up speculations. Indicators are there to enable them watch platforms. Come to think of it, life itself is filled with speculation. Even when we're buying or selling stuff offline that aren't crypto related we still speculate. What about getting a life partner for marriage; we still speculate. Everyone who gets married often choose from the pack they've; that's speculation that the one they're picking will make a better home for them. Sometimes that pick fails too to make them a better home just like when we place a buy order and the market goes to sell.

[Yamifoud]

...

10) Trading does not guarantee profit: Traders always post their profits but are scared of showing their losses. Trading is difficult, you can only become a winner through luck.

That was true. Traders make profits and losses together but never think this is all about having luck, unlike gambling. Trading requires DEEP knowledge and skills which I believe these newbies don't have that is why they usually end up losing, more on losing rather than making a profit.

You actually have the point there citing that traders just only show their profit, not losses. Honestly, they are just making themselves proud of it and wanted to show that we can make money in trading. Thinking it was difficult was just at the start but in the long run and have more experience that makes it even easier.

[sana54210]

well, I can only say that you are too narrow-minded in the world of trading. the question is, why do people continue to be interested in the world of trading if it is so detrimental? You may see quite a lot of people complaining about it, but I'm sure a lot of people have benefited from it. I say that because I know some people who are pretty good at trading. let's spread it
trading is not pure luck. You said that it was based on luck. no wonder you say that 80% of people who lose lose. The reason is simple, it's because they trade based on luck, not strong analysis and speculation.
sometimes people hold assets they have to get even bigger profits. In addition, if they make predictions wrong, holding can make our assets return if the coins we hold are coins that have a pretty good ability to go back up.
not everyone wants to show how much they make trading. it impressed showing off and so on. maybe some mentors show a small part of it, the goal is to motivate.

There are way too many people who like to show off and usually they are influencers who want to convince you that they are good at what they do. If you are a  decent investor that doesn't have any need to convince others, then why would I show it? I am not here to brag because that is exactly what I am talking against right now, but I have made some great profits from crypto in my life, like literally living my life with crypto profits level of profit.

I have never shared any screenshots, any photos of me with some lambo type of deal, or anything like that. Why? Because I have zero clue to convince people that I have made profits, it's my business, it's nobody else's business.

[Vaculin]

I have been seeing people talking and writing about trading like they never made losses showing different techniques the upcoming traders can use to trade and make money. I always see people arguing about strategies, the right chart for a particular trend, where likely the direction of Bitcoin tend go, and so many boring writeup. I keep asking if these so call traders actually makes money from trading. If you guys actually make money from trading then where are the losers?

That apparently was a big lie. Here trading losses are somewhat a part of it, even experts still in the consequences of suffering losses for nobody is perfect. So hearing those unbelievable stories make people think trading is a somewhat a sort of easy money scheme and all the traders had become rich but guess what, many had lost their money.

If you are now in trading and suffering losses, blame yourself not them because you are following them.
We have to clearly understand that trading is not an easy job nor to think that we can be rich instantly.

If you don't lose in trading, there is no way you will profit in trading as everything started with a scratch. And to think that trading is the hardest way to make profits, its always understood that there are more losers here than winners. But eventually, as everything is learned in trading but maybe in a hard way, all those who lose in the past will learn to correct their mistakes and is now making profits at the moment.

[carlfebz2]

I have been seeing people talking and writing about trading like they never made losses showing different techniques the upcoming traders can use to trade and make money. I always see people arguing about strategies, the right chart for a particular trend, where likely the direction of Bitcoin tend go, and so many boring writeup. I keep asking if these so call traders actually makes money from trading. If you guys actually make money from trading then where are the losers?

That apparently was a big lie. Here trading losses are somewhat a part of it, even experts still in the consequences of suffering losses for nobody is perfect. So hearing those unbelievable stories make people think trading is a somewhat a sort of easy money scheme and all the traders had become rich but guess what, many had lost their money.

If you are now in trading and suffering losses, blame yourself not them because you are following them.
We have to clearly understand that trading is not an easy job nor to think that we can be rich instantly.

If you don't lose in trading, there is no way you will profit in trading as everything started with a scratch. And to think that trading is the hardest way to make profits, its always understood that there are more losers here than winners. But eventually, as everything is learned in trading but maybe in a hard way, all those who lose in the past will learn to correct their mistakes and is now making profits at the moment.

There's still no guarantee because even if you do know and able to handle your past mistakes doesnt automatically means that you would really be able to succeed on this career or venture.

Still you would really be having a hard time although it wont really be that the same as before but at least you should make yourself aware and able to realize things about the real dealing against the market.

Trading does really work? Yes of course because if it wasnt then we wont really be seeing traders around the market.

[Hypnosis00]

Well, OP I'd respect your opinion as it was based on your experience.
It has to say that trading is not meant for everyone, some had fail but some had also grown up and excelled. It doesn't mean that if you fail, then you can say it everyone will also fail. You also have to consider that some people are more knowledgeable enough than you and a reason why they succeed in trading.

It is just all about pursuing our goal and dedication to achieve it, many had quit in the middle of their trading journey because of losses.

[yhiaali3]

The trade really works, but the question is is there a permanent profit without a loss? Answer: Of course not. All traders are exposed to making losing trades, but in the end, if the profit is more than the loss, then you are a winner, but if the opposite is the case, then you are a loser, this matter is relative and cannot be measured for everyone, for me I say: I can lose in 10 trades and then win one trade It makes up for all the past losses and gives me some profits so I consider myself a winner in the end and forget about those 10 losing trades.

[doomloop]

It does not guarantee a profit but it's possible to make money out of it. If we see around us, we have pro traders that already become successful because of trading. They have incurred losses but sometimes they recover it and make more than it. That only shows that trading is not only based on luck but skills matter too.

Trading works but it is very hard to learn and get really good at it, and the truth is that majority of the people will never know this and even if they do know about it, they are still not ready to pass through those series of training that would help them get better at it, because they would see it as a waste of their time. Most people just need something that they can easily hop on and start making profit, something that requires a little learning, and not the type that would require too much from them like trading.