Trading have concepts

[Oceat]

This is not you or your friend's fault it's just that there are people who will do something to get advantage of you. Perhaps, I suspect one of your friend are conniving with the bad guys to steal your product since there's no way it could be coincidentally happening at the third order. Maybe it's just my speculation but I somehow agree that greediness is one of the cause here and trading has nothing to do with it. I like all of your plan as it looks like a corporate company but bad things just happens.

Why don't you investigate who was the real culprit instead of like blaming you and the others?

Anyway, trading is just basically buying low and selling high in order to get the profit.

[RealMalatesta]

Emotions part is very true, it is not easy to keep your emotions in check that quickly, it may take some time to make a profit when the time comes because you are worried or fearing or happy or excited or whatever else. You may make mistakes if you think with your heart and not with your brain, a lot of people make that mistake and that causes them to have a trouble in the future.

It is going to take some time before we can master trading, but if we can master not using our emotions as our first step then the rest will come easier. Sure you need to learn TA, or need to learn how to read a chart, or many other million things, but if you can't control your emotions then all the other stuff means nothing at all.

That is the hardest part to master as well. I know you said we should do that at first, because rest is less important, but learning the rest is easier. For example learning what bollinger band is and what it does and what happens when it is X number or Y number, those are all easy stuff, it takes maybe an hour or two to learn what it is, and surely there are many other things like that so it takes time to learn it all, but you just learned that in a few hours.

Whereas emotions are not like that, to learn how to control it and not let it get to you when you are trading is not something that can be done in a few hours, it is something you try to master for months and that is why it takes a long time to make it happen for a while.

[shinratensei_]

greedines has always been the reason so many people out there losing money instead of having some good profits and good time, there's always time when you need to cash out your investment when the value of your investment already high enough waiting for the next cycle of investment, but some greedy people will instead wait it out until it got to its starting point again which is massive waste of time.
same thing with overly investing into some coin which has no prospective or even has already its peak potential, you're just becoming food for the whales that know when to cash out.
in investing and trading in general following emotions is always bad and i can almost always guarantee that such bad decision always coming from the emotion of thinking that we gonna make massive profits and things will always gets better in the future but the reality is always different honestly.

[Fivestar4everMVP]

First, I would like to say sorry for your loss in your crude oil business, without the hoodlums intercepting you guys and catering away with the product, I believe you guys would have made a killing from that business, but anyways, it's one of those experiences, and I hope you guys recover all your losses somehow.

Greed is indeed a menace that if not dealt with properly, would destroy alot of things, most especially, for those who trade In the financial market, it is also a major reason for several loses in gambling as well, greed and pride go hand in hand, they are one of the destroyers of men and their businesses.

[blue Snow]

Anyway, trading is just basically buying low and selling high in order to get the profit.

Yes, true. Trading is based on what people do on market thousands of years ago. The analysis and method are always the same, but for now, it's getting more sophisticated than before because many tools and technics we can learn and search on the internet so that easy we can prediction and calculate what the price will be. I just remember a couple of years ago while I was still a newbie and learn the steps to trading, I even lost a lot of money just learning how crypto trading works, which means, besides the knowledge, the trader must have experience which is most important than all.

[suzanne5223]

I often see people talking about greed and the buzz of getting a profit in cryptocurrency trading. What major people understand but seem to ignore is that every crypto trading provides more knowledge with new understanding because the market has totally changed from 3-5 years ago. This is I believe is what trigger the buzz of chasing after profit we often see in today's market.

[LUCKMCFLY]

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.

It is obvious that trading has concepts.  There are even rules and factors to consider in trading.  There is also knowledge and discipline to take when engaging in trading.  This alone can obviously tell us the concept about trading.

Trading isn't like gambling where you guess and put your bet and you are ok waiting to either win or lose.  Trading needs learning, a grasp of different concepts in order to maximize profit.  There is also these tecnical and fundamental analysis that has lots of concepts to offer.

Trading is not only the attitude and traits to follow but also follows learnings and adaptability of the decision a person should do in case of a different situations in hand.

The concepts and everything that has to do with the theory in trading is already a matter of seeing what they want to become familiar with, be it one theory or the other, as far as I am concerned it is that I have always used Wyckoff's theory, something of Livermore's teachings and also with other theories, but I have something to lean on, however concepts as such do not exist for me, everyone interprets trading according to what they learn, what they read or what they learn in certain academies or what they that they learn as their own method, but concept, the word concept is something general and I think that instead of concept what exists are specifications.