What is the most significant trading sacrifice you believe you have made?

[irhact]

I would say mine was not a big deal I use my house rent to trade and the last thing on my mind was to sleep in the street, that sacrifice I made was a bit risky for I had no choice but to trade with it my eyes never proceeded out of the candlestick and also my right eyes were on my moving average think I trade with about $2500 but that sacrifice was too big on my head and I was trading with my laptop that good day I were not life the A/C was turned on but still felt hot deep down in me but little did I know that it would be my luckiest day before I knew it, it got higher and took a risk and made a sacrifice and I did profit a lot.
Is it that this life is full of sacrifices and risk?

That was a very risky move using your house rent as capital for trading, you're lucky you made a big profit because many people have lost their house rent and got kicked out of their apartment because of using it for trading or gambling. I can't take such risks and that's not because I don't believe in myself or my ability to get big profits from the market but because I know the market can be very unpredicted.

Crypto market is very unstable and when risk like this are taken, it usually ends badly for the individual that does it. I don't encourage others to do the same instead sell something that'll not put you at such a risk if you're looking for what to used to raise capital for trading.

[1714311979]

1714311979

[Fatunad]

I would say mine was not a big deal I use my house rent to trade and the last thing on my mind was to sleep in the street, that sacrifice I made was a bit risky for I had no choice but to trade with it my eyes never proceeded out of the candlestick and also my right eyes were on my moving average think I trade with about $2500 but that sacrifice was too big on my head and I was trading with my laptop that good day I were not life the A/C was turned on but still felt hot deep down in me but little did I know that it would be my luckiest day before I knew it, it got higher and took a risk and made a sacrifice and I did profit a lot.
Is it that this life is full of sacrifices and risk?

That was a very risky move using your house rent as capital for trading, you're lucky you made a big profit because many people have lost their house rent and got kicked out of their apartment because of using it for trading or gambling. I can't take such risks and that's not because I don't believe in myself or my ability to get big profits from the market but because I know the market can be very unpredicted.

Crypto market is very unstable and when risk like this are taken, it usually ends badly for the individual that does it. I don't encourage others to do the same instead sell something that'll not put you at such a risk if you're looking for what to used to raise capital for trading.

Going into such extent is really that using up the money which is  really that intended for important use shouldnt really be using it on trading because if you dont have other sources then you would really be finding
yourself on great trouble if you are really that not mindful when it comes to spending it. Trading doesnt really assure that you could really make money or income with it specially you are dealing on a market which is really that volatile on which it would really be just that normal that risks is high.Unless if you have some back up plans on replenishing out those money had been used then its just fine.
Sacrifices could really happen because not all the times we do have funds on which we would really be doing some sort of things just for the sake of such situation on which you would really be
liking to trade up.

[tjtonmoy]

If you have been full-time into trading for one to three years, what has been the greatest sacrifice you've made to become a successful trader? And did it pay off?

I have sacrificed sleep. My daily routine is Fu**ed up. I don't know if this counts as sacrifices, but I think this is the most valuable thing that I have sacrificed for trading. On average, you need 6–7 hours of sleep. But I only sleep for 3/4 hours. Did it pay off? Still unclear on how should I answer that. I am still learning and trying to do my best. As they say, "there's no time or age to learn, as long as you are alive, you learn new things every day".
So still doing the hard work in hopes that one day it will pay off for sure.
Taking risks is a bold thing to do in life in order to achieve success. But it is not for everyone. At first, I thought it was never meant for me. But now, as I am learning and building up my skill sets, I am getting confident that I can also do it someday. I have tried trading with small amounts and made loss and profits. And I also know that it is going to happen no matter what. Even the professionals make mistakes. They make profits and losses too.
So hopefully this sacrifice will pay off someday.

[Zlantann]

If you have been full-time into trading for one to three years, what has been the greatest sacrifice you've made to become a successful trader? And did it pay off?

Someone I know who a seven-figure trader is now made the sacrifice of moving into a shared apartment with a friend just to save money. Another person, who had previously started a logistics company, sold off his trucks and used the money for trading. Another person had to pay to be mentored. He did this because the mentor said people do not appreciate free things, and if he were not making the sacrifice of paying out of pocket, he probably would not be serious and would take it for granted. These people cited in here went on to become successful traders. It paid off.

I am not a trader yet but I have been around traders and I know some of the things they did just to raise money for trading. I was working for my friend that owns a construction company. Somebody came and introduced trading to him and he began to learn trading skills. After few days he ordered my to sell off some of the construction materials we bought lower than the cost price. I was surprise so I asked him why he was doing this and he told me that he will make more money from trading. The worst part of it was that he was too desperate to make money from trading that he became impatient to learn. His trading teachers tried to explain the risks associated with trading but he failed to listen and learn. He bought a new laptop and began to place trades. In few weeks he was already in debt because of the loses he incurred. He abandoned trading and focused on his construction business. I know that I cannot sacrifice accommodation, clothing, food health and education because they are basic needs. I can sacrifice anything I can do without to save for the trading business.       

[RasheedAdams]

I think taking my rent money to trade was the biggest sacrifice Ive ever made

[shield132]

If you have been full-time into trading for one to three years, what has been the greatest sacrifice you've made to become a successful trader? And did it pay off?

Someone I know who a seven-figure trader is now made the sacrifice of moving into a shared apartment with a friend just to save money. Another person, who had previously started a logistics company, sold off his trucks and used the money for trading. Another person had to pay to be mentored. He did this because the mentor said people do not appreciate free things, and if he were not making the sacrifice of paying out of pocket, he probably would not be serious and would take it for granted. These people cited in here went on to become successful traders. It paid off.

I haven't been in full-time trading for years, I only tried to be into it for some months, up to a year and I want to say that this is very stressful, full-time trading is so stressful that sometimes I had to be awake during the night to monitor the price and avoid financial lose and gain profit. I had a moment when I was doing futures trading for 2 days in a row and I had to be awake for one night because I had a good moment and wanted to gain as much as possible. Then, I opened a long position on different crypto/usdt pair and price started falling, I was checking it all the time and was thinking about whether to close the position or wait. Sadly, while I was thinking this, I fell asleep and some of my money got liquidated. I learned from that mistake that full-time trading is very stressful and isn't worth the possible positive outcome.