Trading have concepts

[Onyeeze]

I tried to figure out that in trading the concept are not only in one aspect but it's base on your description of understanding trading, many more follows people methods of trading to arrive to same point, one thing I noticed in trading is that it's a skill that every one is up to have base on it discovery step to make it own profits. And I trading some of us causes the problem that arises during course of lost, greediness and anticipation of making more profit is the major caused of losing in trading. Three days ago I was with friends where we are blaming each other because  of mistakes, we contributed money to invest into crude oil business, the first supply of crude oil the company we supply to, we made a good profit and second supply we made a higher profit, for second supply I suggested that we should remove our capitals and move on with our profit we made, but two of my friends insisted that we are going to buy more of the products with all the money I agreed with them for the third supply, on our way going we were diverted by hoodlums and chased out on the vehicle, till date we don't were products is. Its when my friend's realize that greediness is a disease and its a higher risky.

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[SamReomo]

I tried to figure out that in trading the concept are not only in one aspect but it's base on your description of understanding trading, many more follows people methods of trading to arrive to same point, one thing I noticed in trading is that it's a skill that every one is up to have base on it discovery step to make it own profits. And I trading some of us causes the problem that arises during course of lost, greediness and anticipation of making more profit is the major caused of losing in trading. Three days ago I was with friends where we are blaming each other because  of mistakes, we contributed money to invest into crude oil business, the first supply of crude oil the company we supply to, we made a good profit and second supply we made a higher profit, for second supply I suggested that we should remove our capitals and move on with our profit we made, but two of my friends insisted that we are going to buy more of the products with all the money I agreed with them for the third supply, on our way going we were diverted by hoodlums and chased out on the vehicle, till date we don't were products is. Its when my friend's realize that greediness is a disease and its a higher risky.

As with any other field, trading also comprises various concepts that one needs to grasp and perfect. Indeed, there are effective strategies that can yield profitable trades, but the true satisfaction of trading comes from acquiring and honing this skill oneself. In trading, it's crucial to manage one's emotions, and it's true that greed, the desire to earn excessive profits, is the main cause of losses.

However, your experience with crude oil trading has nothing to do with the principles of trading. Those criminals are to blame for your loss who stole your crude oil, and that doesn't fall under the purview of trading. I advise you to learn about trading before posting such content.

[electronicash]

i thought the story was about trading OXY, XOM, or SHEL. this literally buying crude oil which some criminals hijack the delivery. sorry to hear about your loss. to me, i would actually suspect the 2 have something to do with it. greed right? do you think so?  if not, don't bother.

probably just the wrong place and wrong time or some old established traders noticed the deliveries.
but you know how long should you be in this business before you will look at which things you need to pay attention to?

[Onyeeze]

I tried to figure out that in trading the concept are not only in one aspect but it's base on your description of understanding trading, many more follows people methods of trading to arrive to same point, one thing I noticed in trading is that it's a skill that every one is up to have base on it discovery step to make it own profits. And I trading some of us causes the problem that arises during course of lost, greediness and anticipation of making more profit is the major caused of losing in trading. Three days ago I was with friends where we are blaming each other because  of mistakes, we contributed money to invest into crude oil business, the first supply of crude oil the company we supply to, we made a good profit and second supply we made a higher profit, for second supply I suggested that we should remove our capitals and move on with our profit we made, but two of my friends insisted that we are going to buy more of the products with all the money I agreed with them for the third supply, on our way going we were diverted by hoodlums and chased out on the vehicle, till date we don't were products is. Its when my friend's realize that greediness is a disease and its a higher risky.

As with any other field, trading also comprises various concepts that one needs to grasp and perfect. Indeed, there are effective strategies that can yield profitable trades, but the true satisfaction of trading comes from acquiring and honing this skill oneself. In trading, it's crucial to manage one's emotions, and it's true that greed, the desire to earn excessive profits, is the main cause of losses.

However, your experience with crude oil trading has nothing to do with the principles of trading. Those criminals are to blame for your loss who stole your crude oil, and that doesn't fall under the purview of trading. I advise you to learn about trading before posting such content.

You have to grab my reference, I mean that greediness is one the things that leisure traders into lost, I just used my experience in crude oil business to narrate the things that  causes loss in trading, theirs difference between trading and crude oil business, the point of discussion is a greediness in business and per refer to trading.

[palle11]

Well the point about concept in trading is just like every other business investment. If you get too greedy, it will mean higher chances of losing out or gaining. With the experience that you narrated, if you guys had removed your capital instead of that you guys went in all for the profit. There is a lesson hear not to go all out for profit with everything you have with the full hope that it won't fail.

[ololajulo]

A good title for the thread would be  "The dangers of greediness in trading and investing".  The major causes of losing in trading are greediness and the anticipation of making more profit. Trading is a multi-faceted concept requiring a good understanding to succeed. When it comes to greed, how will you handle it?

[Oshosondy]

And I trading some of us causes the problem that arises during course of lost, greediness and anticipation of making more profit is the major caused of losing in trading.

This has happened to me before. I started with 125x on the exchange I first used to trade crypto futures and I lost money massively. I even changed it to 50x, later 20x, later 10x. All I still noticed was that the leverage used was too much. The best is to go 1x, or 2x if you are more certain about the market to go in your direction.

But according to your explanation, it is like you are supply crude oil in real life to people, which is trading though but not the trading like spot, margin, option or futures which we are discussing about on this board.

A good title for the thread would be  "The dangers of greediness in trading and investing".  The major causes of losing in trading are greediness and the anticipation of making more profit. Trading is a multi-faceted concept requiring a good understanding to succeed. When it comes to greed, how will you handle it?

Do you know the good thing a trader can do? Is to never think of trading as a means of making money. This will help him to be patient and to trade rightly if he reads other ways to succeed in trading. Trading is good, but it becomes like gambling because people just think they can start trading today and earn the same day.

[gunhell16]

I tried to figure out that in trading the concept are not only in one aspect but it's base on your description of understanding trading, many more follows people methods of trading to arrive to same point, one thing I noticed in trading is that it's a skill that every one is up to have base on it discovery step to make it own profits. And I trading some of us causes the problem that arises during course of lost, greediness and anticipation of making more profit is the major caused of losing in trading. Three days ago I was with friends where we are blaming each other because  of mistakes, we contributed money to invest into crude oil business, the first supply of crude oil the company we supply to, we made a good profit and second supply we made a higher profit, for second supply I suggested that we should remove our capitals and move on with our profit we made, but two of my friends insisted that we are going to buy more of the products with all the money I agreed with them for the third supply, on our way going we were diverted by hoodlums and chased out on the vehicle, till date we don't were products is. Its when my friend's realize that greediness is a disease and its a higher risky.

Greediness will really destroy all that we have worked hard to save for the future, this is the so-called money that has turned into stone, a profit that would have been lost. That's why we should have a so-called target or goal that when we get it, stop immediately and don't aspire for more.

Things shouldn't be rushed in this industry, that's why the winners here are those who calmly strategize and think and above all don't get impatient instead always be patient. Particularly if you are doing trading activity here, don't expect high income here it is better to start with small gains and big profits in the future.

[MusaMohamed]

Greediness will really destroy all that we have worked hard to save for the future, this is the so-called money that has turned into stone, a profit that would have been lost. That's why we should have a so-called target or goal that when we get it, stop immediately and don't aspire for more.

If people join cryptocurrency market because they are greed but lazy to learn first, they will get losses. If they by anyway can gain profit in this market but are too greedy and don't cash out to retrieve their initial capital, later they will have some serious lost trades which eat all profit they earned and part of their initial capital too.

You can start with $1000 and take a long time with many successful trades to make it to $5000. However, from $5000, if you have two lost trades with 50% for each, you wil have your total capital drops to $2500 and $1250, mostly drops back to where you started.

For people who are greedy, they usually will use leverages which will cause forced liquidations and loss would be bigger than 50%.

[jeraldskie11]

If you think about it, it's normal to say that you have to invest more because you see that if you invest more, you will earn more. There is nothing wrong if you want to get rich, but the wrong way to get rich is that it has a very big risk that it is possible to make you also become poor. I see what the OP said that being greedy is the reason why they failed. That greediness is the cause of emotion, it is their emotion that controls them and they didn't notice it.

So we can see that it is not good to give in to our emotions because we can make bad decisions. And because it has happened, they will have to move on without being affected so much by their emotions so that they can proceed with their other plans in life and become successful.

[Faisal2202]

I tried to figure out that in trading the concept are not only in one aspect but it's base on your description of understanding trading, many more follows people methods of trading to arrive to same point

Greed is not only involved in trading but in businesses of all kinds too. Greediness awoke due to the emotional mindset of a trader who is doing trading or business without a proper target to achieve. As if you guys have set a certain target to achieve as you mentioned to stop your partners to stop the trade and book capital but their emotions were being played by the market as well as emotional sentiments to get more money. While if they have a proper mindset and idea of the risk they can face, maybe you guys could save yourself.

Overall, the market as well as incidents are unpredictable, so we can not blame ourselves when our fortune is not in our favor. Like you guys could make profits if you were not chased by hoodlums. But we all got an instinct as call us to not do more greedy but still, we ignore it and move on and face the consequences.

[justdimin]

If you think about it, it's normal to say that you have to invest more because you see that if you invest more, you will earn more. There is nothing wrong if you want to get rich, but the wrong way to get rich is that it has a very big risk that it is possible to make you also become poor. I see what the OP said that being greedy is the reason why they failed. That greediness is the cause of emotion, it is their emotion that controls them and they didn't notice it.

So we can see that it is not good to give in to our emotions because we can make bad decisions. And because it has happened, they will have to move on without being affected so much by their emotions so that they can proceed with their other plans in life and become successful.

I think it depends on what you are investing into or what you are trading. There are too many people who end up trading the wrong thing and that is why they end up losing money as well, I would prefer not to do something like that and instead make a profit by investing smartly, if I buy bitcoin then there is a very little chance that I would ever lose money, I would wait even if it is low and when it finally goes back up, even after a year, I will sell when I am in profit.

But when you are trading, you do not have that much time so you need to use stop loss and never go down too much, if you get out quickly when things go south, that means you can recover later since it would be a small loss that can be gained back quickly.

[Zilon]

The concept of trading is just the same and it is applicable to anything that doesn't have a constant price. Knowing when to buy, sell, take profit and when price has become too high to risk everything and also when not to move with bulk money for physical business like the crude oil Op sighted.

And no one know if the business trip went successful if price would start falling down. If profit was taken after the first trip, the initial capital will still be available to risk for a new trip. Sorry for the loss shit happens...

[GeorgeJohn]

The concept of trading is just the same and it is applicable to anything that doesn't have a constant price. Knowing when to buy, sell, take profit and when price has become too high to risk everything and also when not to move with bulk money for physical business like the crude oil Op sighted.

And no one know if the business trip went successful if price would start falling down. If profit was taken after the first trip, the initial capital will still be available to risk for a new trip. Sorry for the loss shit happens...

Op can't compare a manual business with Internet business, yes, money has been involved and since profit making and loss is involved,  its the aspect you can accept the analysis together, but in contrary oil business physical deals disadvantages can not be as same with trading kind of disadvantages,  the aspect considering is the lose which op experience by hoodlums according to it's explanations, because trading risk is of higher level of what op analyze so far.

[borovichok]

Greediness will really destroy all that we have worked hard to save for the future, this is the so-called money that has turned into stone, a profit that would have been lost. That's why we should have a so-called target or goal that when we get it, stop immediately and don't aspire for more.

Greed draining most traders gradually and it's really a problematic condition for the investors. Greed is not measurable, even in our small profits, we turned out to be selfish with the sole desire to wait for it smashed our top TP without noticing a breakout or retest in the market charts. Discipline is required, setting a daily target of either closing the market for the day with $100 profits but at the end of the day, a trader might have liquidated his account all because of greed. I'm backing out of the market when a trade hits my SL, no need to develop the mindset of revenge on the market, it's possibility of draining your account portfolio is 100% and there's no way you will escape the heavy losses when the market comes for you.

[andriarto]

basically greed is human nature, as is the concept that you live by, a normal human being is of course after getting the first profit and feels it is easy, then he wants to develop his money with wishful thinking mathematical calculations in his head, especially if he feels he controls the market and is optimistic that excess money will be multiplied easily. That trait is what we should control, so we can control our emotions so we can stay alert and careful and think healthy

[DevilSlayer]

The basic concept of trading is that trading is it is really a probability game, there are no strateies that you can find in anybook or online that can give you 100% guaranteed result. All of the strategies and edges have probabilities and you will choose only few that is fit to your habits, character and personalities. Guys beware to the fake traders out there who keep posting their wins in trading and keep saying that they do not incur any losses. Those traders are probably a scam who are focusing to get money from their victims. If you want to trade and have a mindset that you can avoid losses here in trading, then you have a wrong mindset because losses are unavoidable due to its nature which is there is no certainty.

But how we can earn money in trading if there is no guarantee? It is where the strategies and patterns comes up, the charts are usually generating similar patterns that have been existed in the past wherein you can base your decision on it. All you need to do is how much money you will risk in a particular trade, it is about the money that you can afford to lose. After that you must execute your plans confidently. If your bias did not happen, you must not experience any negative emotion because if you do, it only means that you did not fully accept the risk.

[irhact]

I tried to figure out that in trading the concept are not only in one aspect but it's base on your description of understanding trading, many more follows people methods of trading to arrive to same point, one thing I noticed in trading is that it's a skill that every one is up to have base on it discovery step to make it own profits. And I trading some of us causes the problem that arises during course of lost, greediness and anticipation of making more profit is the major caused of losing in trading.

There's no particular strategy in making profit when trading, everybody can develop a strategy to use that best work for them and still come out profiting for them. The only problem is that you don't lose. Avoid buying coins that has been pumped and only trade legitimate projects and not those that'll scam you or dump their tokens on you when you buy the coins.

When trading, avoid greed and don't start trading when you haven't learnt the basic of trading. Just like your friends, many traders fail to remove their initial capital before reinvesting into the market. It doesn't matter how good you're, you'll fail some trade so always take profits.

[KingsDen]

From the example of the petroleum business you did with your friends. I did not see any atom of greed in that business.
Just like in trading, It is not everybody that removes their capital and trade with profi. The larger the capital the larger the profits that you can get with little trading leverage.

But when you trade with only profits, you would not have the volume that will give you enough profit. That is the same thing that applies to your petroleum business you did with your friends. With h the capital you will agree that you would get larger amount of petroleum and make more profits. It is unfortunate that the environment you are is not secured or could it be that the kind of business that you are doing in with your friends is not legitimate.

For good traders, is it is not advisable for them to withdraw their profits everytime. Accumulation is the key and it will give rise to a more larger profit with little effort.

[so98nn]

Three days ago I was with friends where we are blaming each other because  of mistakes, we contributed money to invest into crude oil business, the first supply of crude oil the company we supply to, we made a good profit and second supply we made a higher profit, for second supply I suggested that we should remove our capitals and move on with our profit we made, but two of my friends insisted that we are going to buy more of the products with all the money I agreed with them for the third supply,

Okay, so this is about the real oil trade and not the stocks and shares you talking about?
I don't know what you really mean by "supply" but it seems to me you are actually trading crude oil if so then damn from where you are getting it? You should be rich by now since history has proven that whoever owns the crude oil owns the nation man. Coming to the valid points here: 1) Yes you should start using your profits to re-invest in the next cycle. 2) The capital should be stopped right after decent profits and I am talking about the net profits, not the gross ones.

If you follow this compounding method then no one can stop you from making more profits. Even if you lose, you will lose the profits but you are not in loss ideally considering you had your capital withdrawn already.