Traders paradise

[Tellek Garing]

Well I recent contact with my friend he has suggested that he will mentor me until I become a professional in trading and he also suggested I still trade with a demo account until I master it to avoid loses in the initial stages.

I thank you all for your responses on this matter and am well aware of the risk a beginner will face in the early stage but as time goes on a lot will change and profits making will become a steady flow.

[Bhig Daddy]

A lot of people engage in crypto not because they Want to or because they know about it but because they see other making money off it, they don't really know what they've been through or how the road map to their success looks like. Every successful story have it ups and downs so crypto itself have no exception.

[Vaculin]

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading,
(.......)

It's very normal. Especially influencers who are just collecting some referrals to some people.
You should be aware if you want to start trading, you should identify your goal, you should not say you are only trading because someone told you or for easy money, you should expect some negative too, trading can make you bankrupt too.

Maybe its his own way of influencing you, by focusing more on success, the reason why you end up being influenced. But if you decide to enter into a new endeavor, make sure to anticipate all its positive and negative aspects. There could never be success without failure at first, and there could never be wins without losses. Now, you already know what trading is all about, that its never an easy job, but if you always look the positivity on it, i think success will come to you in the end.

[carlfebz2]

A lot of people engage in crypto not because they Want to or because they know about it but because they see other making money off it, they don't really know what they've been through or how the road map to their success looks like. Every successful story have it ups and downs so crypto itself have no exception.

For a noob and on the time you are seeing someone specially on social media or other places on the net on which you do see that they do earn money on most easy way you do see visually
which you would really be having that initial impression that it would really be might be possible for you to get on the same results if you do tend to trade too.
This is the reason on why we do really lost money when we are just newbie because we do believe on things which are totally unrealistic or cant really be possible.

[DoublerHunter]

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading,
(.......)

It's very normal. Especially influencers who are just collecting some referrals to some people.
You should be aware if you want to start trading, you should identify your goal, you should not say you are only trading because someone told you or for easy money, you should expect some negative too, trading can make you bankrupt too.

Maybe its his own way of influencing you, by focusing more on success, the reason why you end up being influenced. But if you decide to enter into a new endeavor, make sure to anticipate all its positive and negative aspects. There could never be success without failure at first, and there could never be wins without losses. Now, you already know what trading is all about, that its never an easy job, but if you always look the positivity on it, i think success will come to you in the end.

^ This is the most important thing that you should always put your mind to, balancing the possible consequences like the positive and negative aspects that could occur anytime while you are adopting crypto trading. Dont look up the profit your friend has, I think the most important if you have been suited to that trading and if your skills are good in trading. Because as we know trading is not for everyone, trading is for people who have patient and learn how to sharpen their instinct to become a good traders.

[rahmad2nd]

Well I recent contact with my friend he has suggested that he will mentor me until I become a professional in trading and he also suggested I still trade with a demo account until I master it to avoid loses in the initial stages.

I thank you all for your responses on this matter and am well aware of the risk a beginner will face in the early stage but as time goes on a lot will change and profits making will become a steady flow.

Nice when getting good friend guide us how to be professional trader and give way how to earn profit trough trading in cryptocurrency. I have long on cryptocurrency world but still amateur and not really professional how to face with trading, many time stuck and loss opportunity when buying coins price drop and have choose stop loss or long term holding. Good luck to you and hope I can allow your way to be professional trader one day later.

[tygeade]

Exchanging on the grounds that somebody told you or for income sans work you ought to expect some negative as well exchanging can make you bankrupt as well. Later on it might turn out that you don't have the outlook that a fruitful dealer needs and you will end up in other safer exercises like money management or mining.

I guess he didn’t learn anything about cryptocurrency trading before he started. He just got interested based on the fact that a friend of his has introduced him to the work and also has shown him how much of success they have been able to make from trading cryptocurrency. So, he has just thought that it was going to be that easy for him to also make that kind of money from trading.

But, that isn’t how it works. Crypto currency trading is something that requires a lot of work and is not just what you would get into when you have no idea of what you are meant to be doing. This is not gambling.

[sana54210]

...Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture

In such cases, they say: a negative result is also a result and you should regard it as an acquired experience. It is impossible to trade successfully without experience, even if you have theoretical knowledge. But if you have not yet received enough theoretical knowledge, you need to wait with trading on a real account, using a demo account for this.

Unfortunately, most newbies do not realize this and get angry at losing money. The trick to find "losing money could also be a good thing" is not easy, most people will argue against that and most people will agree with them as well.

Obviously losing money is not a great feeling, and yes you will feel terrible about it but just moving on and being upset and angry about it will not give you any benefits at all. You already lost the money; you might as well learn why and how that happened so that you could end up with something better in the long run. This way, you wouldn't be losing your money for absolutely no reason, there would be at least some benefits to you.

[Cling18]

Thank you all for you clear and insight on this subject matter I now know for the fact that investing is less risky compared to trading as the cryptocurrency market is always volatile but the fact that I lose in some cases does not make me a total failure in trading and haven't lost in some trades and also gain in some other make me realize that skills are the most essential and an integral aspect of cryptocurrency trading.

Losses will always be a part of the journey because there's no such thing as perfect trading. There will always be risks because of the market's volatility but if you're skilled and knowledgeable enough to deal with it, you'll surely succeed in the end. Trading is actually a long process of learning so eagerness and determination, as well as patience, would be the good traits that we should always have.

[Tellek Garing]

Thank you all for you clear and insight on this subject matter I now know for the fact that investing is less risky compared to trading as the cryptocurrency market is always volatile but the fact that I lose in some cases does not make me a total failure in trading and haven't lost in some trades and also gain in some other make me realize that skills are the most essential and an integral aspect of cryptocurrency trading.

Losses will always be a part of the journey because there's no such thing as perfect trading. There will always be risks because of the market's volatility but if you're skilled and knowledgeable enough to deal with it, you'll surely succeed in the end. Trading is actually a long process of learning so eagerness and determination, as well as patience, would be the good traits that we should always have.

One of the lessons I have learn over time is that any profitable adventure require some level of sacrifices and this can come in form of lessons that may cause you something either your time or money.

In trading early loses are part of the sacrifice and in other to become a pro trader one might have made such loses and mistakes which will serve as process of knowledge gaining.

[Hypnosis00]

One of the lessons I have learn over time is that any profitable adventure require some level of sacrifices and this can come in form of lessons that may cause you something either your time or money.

In trading early loses are part of the sacrifice and in other to become a pro trader one might have made such loses and mistakes which will serve as process of knowledge gaining.

Absolutely, it is a way to look that trading is not always a success, failure is also possible. And the only way we could do to avoid big losses is to have deep knowledge of trading and acquire strategies that really work. Plus, we have to work on our patience and practice being not too emotional.

The more we understand how trading works, the more chance we succeed. Yes, of course, it takes time to develop such a mentality but if we are really wanting to reach our goal, I'm sure we have to work hard on this.

[Viscore]

Trading sounds like a nice venture of theory, but to some of us who have experienced it. It's one rough, hell of a journey. Yes, I have made way more money than I would have if I was doing my profession through trading, but I have also lost a huge amount of money (of course it was the profits I made) in the due process.

You have to be very mentally stable and ready for any outcome. The biggest contributor to trading success is experience and learning from past mistakes.

Success in trading do not just happen easily, its always the fruit of hardwork and patience, and definitely huge losses from the start. I guess your friend has his own reason why he was not able to share to you his side of failure, but what is certain is that if you only trade persistently, and is willing to learn all the lessons brought by your losses, then you will come to succeed in trading at the end of the day. Trading need not to be profitable at first, but it should never come into failure in the end.

[sayaya17]

Trading sounds like a nice venture of theory, but to some of us who have experienced it. It's one rough, hell of a journey. Yes, I have made way more money than I would have if I was doing my profession through trading, but I have also lost a huge amount of money (of course it was the profits I made) in the due process.

You have to be very mentally stable and ready for any outcome. The biggest contributor to trading success is experience and learning from past mistakes.

Success in trading do not just happen easily, its always the fruit of hardwork and patience, and definitely huge losses from the start. I guess your friend has his own reason why he was not able to share to you his side of failure, but what is certain is that if you only trade persistently, and is willing to learn all the lessons brought by your losses, then you will come to succeed in trading at the end of the day. Trading need not to be profitable at first, but it should never come into failure in the end.

We can all become successful traders if we do it right, there are steps we must take to be successful when trading. No one can be successful
instantly, everything needs patience and hard work as you say, because after all hard work and patience will not betray the results. So don't be lazy
to keep working hard and don't let us give up when going through the process to become a successful trader. Therefore, the number of successful
traders is not much, because indeed undergoing the process of becoming a successful trader is not easy, we have to devote everything.

In fact, sometimes we need to experience several losses first to understand how to make the right profit when trading. So it is wrong if someone
says that trading is an easy thing to do, because trading is not just buying at a low price and selling it at a high price. Trading is more complicated
than we think, so if we want to be a successful trader it is not easy to achieve it, it takes hard work and patience.

[DoublerHunter]

Trading sounds like a nice venture of theory, but to some of us who have experienced it. It's one rough, hell of a journey. Yes, I have made way more money than I would have if I was doing my profession through trading, but I have also lost a huge amount of money (of course it was the profits I made) in the due process.

You have to be very mentally stable and ready for any outcome. The biggest contributor to trading success is experience and learning from past mistakes.

Success in trading do not just happen easily, its always the fruit of hardwork and patience, and definitely huge losses from the start. I guess your friend has his own reason why he was not able to share to you his side of failure, but what is certain is that if you only trade persistently, and is willing to learn all the lessons brought by your losses, then you will come to succeed in trading at the end of the day. Trading need not to be profitable at first, but it should never come into failure in the end.

^ You are definitely right, in short, there is no paradise in trading.
You need to have first hard work, hard research, and a lot of patience so that you will achieve your goal in trading and also don't expect too much profit, in trading sometimes you need to gain experience so that you will learn from those mistakes. I don't understand why people keep saying trading is very easy to gain profit which is the truth it is not. In fact, there is no shortcut to being a successful trader.

[justdimin]

Losses will always be a part of the journey because there's no such thing as perfect trading. There will always be risks because of the market's volatility but if you're skilled and knowledgeable enough to deal with it, you'll surely succeed in the end. Trading is actually a long process of learning so eagerness and determination, as well as patience, would be the good traits that we should always have.

The biggest part about growing in trading is the losses, they are probably the biggest earners that you do not realize. The difference between a profit and a loss is that if you profit then you take the profit and look at the next move, but when you lose then you learn something and then you become a better trader and you start to learn something.

This is why I believe that we should be focusing a bit more on losses than profits since profits only give you money once but never improves you and doesn't share your future whereas the losses gives you an idea on what you did wrong and how you could do better which is a wonderful thing in the long term.

[kamilah147]

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading, but I have known him for crypto trading for close to two years now and in this period I only saw his success stories.

Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture

Trading is a risky job, 2 years ago until now it was the peak of the advancement of crypto technology. Many Altcoins reach ATH, and. Even after bitcoin hit its latest ATH, it was heard from various discussions that it would hit another $60,000 ATH. Some of the rough experiences you had you should learn more broadly, how to determine short-term and long-term trades so that you avoid the risk of losses due to market corrections. Expertise in trading is the most important thing to have, professional traders will always be consistent with the trade management they have set. You don't need to refer your friends to be successful for a period of 2 years, you can shorten the time to get better trading skills.

[Silberman]

Losses will always be a part of the journey because there's no such thing as perfect trading. There will always be risks because of the market's volatility but if you're skilled and knowledgeable enough to deal with it, you'll surely succeed in the end. Trading is actually a long process of learning so eagerness and determination, as well as patience, would be the good traits that we should always have.

The biggest part about growing in trading is the losses, they are probably the biggest earners that you do not realize. The difference between a profit and a loss is that if you profit then you take the profit and look at the next move, but when you lose then you learn something and then you become a better trader and you start to learn something.

This is why I believe that we should be focusing a bit more on losses than profits since profits only give you money once but never improves you and doesn't share your future whereas the losses gives you an idea on what you did wrong and how you could do better which is a wonderful thing in the long term.

That can be true but only if you take the time to analyze why you lost your trade, also it is important to remember that not every single loss when you trade comes from a mistake you made, no system wins all the time so losing from time to time is completely acceptable as long as the loss came from following a strategy that you know that it is profitable, it is from the mistake that you make in which you did not follow your strategy in which a lesson can be learned from it.

[Quidat]

Losses will always be a part of the journey because there's no such thing as perfect trading. There will always be risks because of the market's volatility but if you're skilled and knowledgeable enough to deal with it, you'll surely succeed in the end. Trading is actually a long process of learning so eagerness and determination, as well as patience, would be the good traits that we should always have.

The biggest part about growing in trading is the losses, they are probably the biggest earners that you do not realize. The difference between a profit and a loss is that if you profit then you take the profit and look at the next move, but when you lose then you learn something and then you become a better trader and you start to learn something.

This is why I believe that we should be focusing a bit more on losses than profits since profits only give you money once but never improves you and doesn't share your future whereas the losses gives you an idea on what you did wrong and how you could do better which is a wonderful thing in the long term.

That can be true but only if you take the time to analyze why you lost your trade, also it is important to remember that not every single loss when you trade comes from a mistake you made, no system wins all the time so losing from time to time is completely acceptable as long as the loss came from following a strategy that you know that it is profitable, it is from the mistake that you make in which you did not follow your strategy in which a lesson can be learned from it.

We could really learn from our mistakes and this is would depending on someone who would really be that sensible on learning up things basing on what he do experience.
Not all would really be that able to do so.We do have our own actions and decisions towards things thats why its really hard to copy or trying out yourself
to be the same on others actions or outcomes specially on trading profitability.You wouldnt know on what would comes next.

[andriarto]

Losses will always be a part of the journey because there's no such thing as perfect trading. There will always be risks because of the market's volatility but if you're skilled and knowledgeable enough to deal with it, you'll surely succeed in the end. Trading is actually a long process of learning so eagerness and determination, as well as patience, would be the good traits that we should always have.

The biggest part about growing in trading is the losses, they are probably the biggest earners that you do not realize. The difference between a profit and a loss is that if you profit then you take the profit and look at the next move, but when you lose then you learn something and then you become a better trader and you start to learn something.

This is why I believe that we should be focusing a bit more on losses than profits since profits only give you money once but never improves you and doesn't share your future whereas the losses gives you an idea on what you did wrong and how you could do better which is a wonderful thing in the long term.

That can be true but only if you take the time to analyze why you lost your trade, also it is important to remember that not every single loss when you trade comes from a mistake you made, no system wins all the time so losing from time to time is completely acceptable as long as the loss came from following a strategy that you know that it is profitable, it is from the mistake that you make in which you did not follow your strategy in which a lesson can be learned from it.

loss is a friend of profit, structured loss is a message, not a mistake, because we will always learn from the market according to the strategy we have. no strategy is perfect so sometimes we experience losses, so how do we manage it so that the losses are in accordance with the calculated risks, so that more profits will be achieved, until in the end we will still survive in the market because we can manage losses or risks

[retreat]

<.>

Trading is not for everyone and not for everyone. In the future, it may turn out that you do not have the mindset that a successful trader needs and you will find yourself in other, less risky activities, such as investing or mining.

It's a stupid notion that people force themselves to be traders when they are not really meant to be. there are many success stories in this world and a successful trader is only a few percent, a miner can also be successful, writers can also be successful, site developers can also be successful now it's just how we find out our own identity and passion.