What you need to know about trading

[Rengga Jati]

Most people think life is a bed of roses, is all about sunshine,  enjoyment etc not knowing that there's always a  tough time and the ability of one to overcome this time makes him great.  Tough time is the point through which poor and successful people emerges depending on the choices and decision they take.
Most traders and investors are inpatient they only think of the positive side of it ( making profit) not knowing there will always be a loss someday,  well most of them know but when they make losses they became frustrated and unstable,  some will give up because of that little experience.  Sometimes we make losses and we have bad experience like we offend God but no, we are only been tested.  Some of the spirit of a trader or invest is "I can make it mindset, resilience...

That's the reality. And regarding trading, this is not an easy thing to do with high hopes that it can make us successful more quickly. Trading is quite a risky thing. You could say trading is possible for everyone, but not everyone is able to do it. For this reason, when we decide to enter the world of crypto trading, we must first prepare several things very carefully and be truly ready.

Readiness in trading is not only about the readiness of our money but also mental and emotional readiness, insight and knowledge readiness, and our readiness to make various decisions correctly and wisely. This is not easy for sure, but it is not impossible. We have seen many people succeed because of trading, but on the other hand we have also seen many people become poor and very devastated because of trading. So, what kind of example we will choose, this will definitely be a different process from what we think.

[1715004281]

1715004281

[1715004281]

1715004281

[1715004281]

1715004281

[JunaidAzizi]

That is the reality in trading but there is nothing wrong with thinking positively despite the struggling situation of the market and losses as we can't change the nature of trading. Losses seem normal and I was certain that every trader knew it before they started. That is why every trader must know how to control their emotions, every trader must know how to accept reality and think what they can do to avoid big losses. Perhaps, it was a given scenario already and the only thing we can do is to deal with it in the right way.

Brother, I agree with you in the last lines because that is very true but In your first line I have some points that will not match with my thoughts yes every person has their perspective but the thing you said is incorrect. let me tell you how we know trading is risky and the market is very volatile we can not predict what will happen next so in this situation if a beginner comes to this field and we can only tell him about the positive side of crypto, he may be misguidance because he may be gain some lost due to positive points we taught him and in through that context, he comes to the market over confidently and gains loss. So getting loss, it is good to tell him about the positive side as well as the negative side so that he will take his every step very carefully and the chances of loss will be minimal.

[jeha2015]

That is the reality in trading but there is nothing wrong with thinking positively despite the struggling situation of the market and losses as we can't change the nature of trading. Losses seem normal and I was certain that every trader knew it before they started. That is why every trader must know how to control their emotions, every trader must know how to accept reality and think what they can do to avoid big losses. Perhaps, it was a given scenario already and the only thing we can do is to deal with it in the right way.

Losses in trading may seem normal, but if I repeat the same thing I think it is not normal. So to avoid losses we need to understand the market situation and learn from experience regarding market analysis so that the same mistakes do not happen again.

For me, every trader before trading, the main thing that must be considered is to continue learning, and need to control emotions when the market situation is not good so that we get caught in market panic which is usually only temporary apart from that. . Because the success achieved through shortcuts will only be felt in a short time. that's the point!! and enjoy the process.

[Finestream]

Most people think life is a bed of roses, is all about sunshine,  enjoyment etc not knowing that there's always a  tough time and the ability of one to overcome this time makes him great.  Tough time is the point through which poor and successful people emerges depending on the choices and decision they take.
Most traders and investors are inpatient they only think of the positive side of it ( making profit) not knowing there will always be a loss someday,  well most of them know but when they make losses they became frustrated and unstable,  some will give up because of that little experience.  Sometimes we make losses and we have bad experience like we offend God but no, we are only been tested.  Some of the spirit of a trader or invest is "I can make it mindset, resilience...

Those people who think trading is just easy and creates quick profits, well they are learning trading the wrong way. Obviously, they won't be good traders in the market as they are not exposed in the realities and toughness of trading. Otherwise, they will end up trading like gambling, which means they trade and lose most often, since they are not knowledgeable and even skillful about trading and they don't even know how to make it work and be profitable.

Trading has its positive factors, as well as negative factors. But if you are not willing to combat the risks and stay impatient on waiting for the positive outcome in trading, then you're not actually destined to be a good and profitable trader in the process.

[MFahad]

Like I told those new to trading, don't rush to expect profits, the first thing they should think about is being mentally prepared to accept losses. No one is talented enough to make a profit when they start trading, the traders who are making profits in the market also need to go through a lot of losses to get where they are today. Therefore, as a newbie, if you cannot accept losses or losses, they should not participate in trading. For me, the first and most important lesson in trading is to accept losses.

In trading we should accept both losses and wins because some people only wish to have wins so when they loss their money then they leave trading because they are not mentally prepared for both situations. In trading no one can be 100% and if someone think that all the time he will make money in trading then his concept is not true about trading and it means that he cannot understand trading easily.

Try to minimise those mistakes which you already made because if you cannot identify your mistake then this recapitulation can be a cause of your lower knowledge and lifetime loss. Minimum amount of money should be use at initial stage because a person is not emotionally stable at start so it will take time to know  the essential things about trading after which you can increase your budget.

[boty]

Losses in trading may seem normal, but if I repeat the same thing I think it is not normal. So to avoid losses we need to understand the market situation and learn from experience regarding market analysis so that the same mistakes do not happen again.

For me, every trader before trading, the main thing that must be considered is to continue learning, and need to control emotions when the market situation is not good so that we get caught in market panic which is usually only temporary apart from that. . Because the success achieved through shortcuts will only be felt in a short time. that's the point!! and enjoy the process.

In trading, of course we have to be able to understand trading well, when we experience failure in the trading we do then we have to use that failure as a lesson for the future so we don't make the same mistakes again and we have to keep learning about trading well so we can Avoid mistakes in making decisions in trading.
You are right, it is necessary for everyone who trades to be able to control their emotions in the trading they do, because without being able to control their emotions, of course all we do is greed and mistakes in deciding on the trades we make.

[redsun114]

This is the most common experience for all the traders especially when they are just starting, like newbies.
They didn't know how stressful trading was and how unpredictable/volatile. That's why when you do trade, you need to continuously learn and have proper risk management.

Like I told those new to trading, don't rush to expect profits, the first thing they should think about is being mentally prepared to accept losses. No one is talented enough to make a profit when they start trading, the traders who are making profits in the market also need to go through a lot of losses to get where they are today. Therefore, as a newbie, if you cannot accept losses or losses, they should not participate in trading. For me, the first and most important lesson in trading is to accept losses.

If we are new, the curiosity and excitement is present. So yeah, that's a good advice for them. I thought the first or the second thing apart from not rushing, is learning but it seems I am wrong. It should be mentally prepared like you said there, as this one is much easier. I mean you are not going through a long lesson. Because I know that there is still a difficulty on controlling our minds.

There are newbie traders who can make a profit early even though they rush, and the one that is responsible for this is their luck. Still, it wasn't advisable to be like that. That is not sustainable. If we stay like that, we can also face a lot of losses but it doesn't mean we are going to be successful later on.

[knowngunman]

Most traders and investors are inpatient they only think of the positive side of it ( making profit) not knowing there will always be a loss someday,  well most of them know but when they make losses they became frustrated and unstable,  some will give up because of that little experience.  Sometimes we make losses and we have bad experience like we offend God but no, we are only been tested.  Some of the spirit of a trader or invest is "I can make it mindset, resilience...

The truth is that, most of the traders know about the risk but the issue here is that human mind doesn't always tolerate negativity and whenever it happens, we feel frustrated. That's why it's very necessary to train your mind on risk tolerance before you should even think of trading. Experience loses is normal because you can not always have it right but what matter is what happen after your experience. As someone who is willing to become a successful trader, you take note of your lose experiences and think of a way to improve on yourself in order to correct the mistakes from future occurrences.

The thing is, the markets are constantly changing and there is always something new to learn from the experience. Even the most experienced traders make mistakes but they use those mistakes as learning opportunities to improve their skills. The key is to learn from your mistakes and not to give up because learning from mistakes is part of the process of becoming a successful trader.

[bettercrypto]

Most people think life is a bed of roses, is all about sunshine,  enjoyment etc not knowing that there's always a  tough time and the ability of one to overcome this time makes him great.  Tough time is the point through which poor and successful people emerges depending on the choices and decision they take.
Most traders and investors are inpatient they only think of the positive side of it ( making profit) not knowing there will always be a loss someday,  well most of them know but when they make losses they became frustrated and unstable,  some will give up because of that little experience.  Sometimes we make losses and we have bad experience like we offend God but no, we are only been tested.  Some of the spirit of a trader or invest is "I can make it mindset, resilience...

What I will say is that it has been mentioned several times in this forum, to be honest, but you still need to know if you are a classified investor—long-term or short-term? If you are the type of investor who, after investing, has nothing to do but wait, I think what others think is a lazy job like trading bots or copy trading suits you.

That's why the risk is a bit high because if you don't have an idea about these tools of profit here in crypto, you'll have a hard time getting income here, but if you're a long-term investor, it's okay for you to choose to invest and just hold it, and you should know how many years you will spend before you sell it. And while you are waiting for that, you should also study crypto trading.

[michellee]

Patient traders and investors are willing to learn more about trading. They don't want to give up before they can trade better. But most traders and investors cannot wait patiently for their trades and investments. They will panic when they find out the market has changed direction, even though it is only a small correction that usually occurs.

They were not prepared for what they faced. For this reason, if you want to be able to trade, you must continue to learn about trading. And if they experience losses in the learning process, they will not give up but will continue to learn. And they want to learn from their previous experiences so they can find out what they did wrong.

But if you can't or don't learn about trading, you don't need to trade. Nobody forces you to become a trader. You make the choice and you have to know how to be a good trader. Keep learning about trading and don't give up if you don't succeed. Achieving success in trading is just a matter of time, so be patient while you learn more.

[synchronym]

Most people think life is a bed of roses, is all about sunshine,  enjoyment etc not knowing that there's always a  tough time and the ability of one to overcome this time makes him great.  Tough time is the point through which poor and successful people emerges depending on the choices and decision they take.
Most traders and investors are inpatient they only think of the positive side of it ( making profit) not knowing there will always be a loss someday,  well most of them know but when they make losses they became frustrated and unstable,  some will give up because of that little experience.  Sometimes we make losses and we have bad experience like we offend God but no, we are only been tested.  Some of the spirit of a trader or invest is "I can make it mindset, resilience...

If you think of losing before you start trading then you cannot trade. Because when we trade, we must accept that the trade is somewhat risky, so I have to trade carefully. If we don't work hard and just sit and dream and leave it to fate, we will never succeed in life. So I think before trading in anything we must take ricks or else we won't be successful in anything.

[Baki202]

Patient traders and investors are willing to learn more about trading. They don't want to give up before they can trade better. But most traders and investors cannot wait patiently for their trades and investments. They will panic when they find out the market has changed direction, even though it is only a small correction that usually occurs.

They were not prepared for what they faced. For this reason, if you want to be able to trade, you must continue to learn about trading. And if they experience losses in the learning process, they will not give up but will continue to learn. And they want to learn from their previous experiences so they can find out what they did wrong.

But if you can't or don't learn about trading, you don't need to trade. Nobody forces you to become a trader. You make the choice and you have to know how to be a good trader. Keep learning about trading and don't give up if you don't succeed. Achieving success in trading is just a matter of time, so be patient while you learn more.

if you want to enjoy trading it will be very much okay if you learn more about trading, learning is the key to so many things you can do anything if you don't have knowledge then whatever you trying to do you won't do well imagine your a mechanic without knowledge trying to fix a car is that even possible, that shows the importance of knowledge and once their is understanding in trading then the investor don't have anything to fear and everyone knows that patience is important.

it is just like you want to learn to keep learning in trading and when you get to that professional level then it will be time for you to start making money, the best thing is not to give up we should keep trying our best and we going to make our profit.

[batang_bitcoin]

it is just like you want to learn to keep learning in trading and when you get to that professional level then it will be time for you to start making money,

Me, I don't need to go to that point of becoming professional. I'm good to trade just as the others normally and as long as I get some profit, that's what matters to me.

the best thing is not to give up we should keep trying our best and we going to make our profit.

If you can't see a point why you need to continue. It's also okay to stop and make yourself a holder instead. We've got a lot of choices to make and whatever works for us the best, you should maintain on that position and keep doing it.

[Rockstarguy]

Most traders and investors are inpatient they only think of the positive side of it ( making profit) not knowing there will always be a loss someday,  well most of them know but when they make losses they became frustrated and unstable,  some will give up because of that little experience.  Sometimes we make losses and we have bad experience like we offend God but no, we are only been tested.  Some of the spirit of a trader or invest is "I can make it mindset, resilience...

Trading and investing is all about gain and loss, and it can't be possible for someone who is into this to expect gains from trading and investing. People needs to accept loses in trading but shouldn't allow lose to be a regular result.  When we lose it can be as a result of some mistakes,  this mistakes should be a lesson we need to learn from to make profit from trading and investing.

I think traders and investors needs to learn more and not to look at trading from their own understanding, people understanding trading from their own mindset have really make them to have so much expectation from trading.

[Negotiation]

There are many traders who end up losing trades when they face losses so traders should always remember the importance of quality research trading. Research Ignoring the importance of research the biggest mistake most people make is that they jump in without basic knowledge of trading. There will be risk in trading many times the signals are not given correctly so it is possible to be successful if you use your own intelligence to research the market. Some traders find trading to be more profitable but it also involves some risk and sometimes losses, so it is very important to adopt a proper strategy and execute it perfectly.

[SmartGold01]

We don't expect market to be always bullish at all times because as a trader we have to be prepared based on unforeseen circumstances that may come at any time. In business we ran into lost and if we don't make profits or gain doesn't mean we won't make gain and profits, we don't have to always positioned our heart on positive sides of making profits although it's good to be optimistic while venturing in any business, business contains profits and loose.

[Hamza2424]

Most people think life is a bed of roses, is all about sunshine,  enjoyment etc not knowing that there's always a  tough time and the ability of one to overcome this time makes him great.  Tough time is the point through which poor and successful people emerges depending on the choices and decision they take.
Most traders and investors are inpatient they only think of the positive side of it ( making profit) not knowing there will always be a loss someday,  well most of them know but when they make losses they became frustrated and unstable,  some will give up because of that little experience.  Sometimes we make losses and we have bad experience like we offend God but no, we are only been tested.  Some of the spirit of a trader or invest is "I can make it mindset, resilience...

Not sure what to express or how to express it, but I think life is beautiful, If you have enough money to meet your daily desires, you can travel along the world not saying spend a lot of money on the country to country visits, but better spend some time out fo town, explore the world around you don't consider it as a way full of hardships and arduous journey. Enjoy life and thank God for his blessings.

Don't waste time just making bucks in greed, without exploring the beauty of peace and nature around you. Don't go for more and more, work hard for food, and shelter share feelings, and spend quality time with relatives. Money is the need not the goal.

For the rest it's the usual discussion, better place/move this topic to the trading section. I want to express my side of enjoying life not as a trader to focus on risk management, gains, losses, and bla blah, we usually do it. Putting some emotions in the post si also important 

[Beparanf]

We don't expect market to be always bullish at all times because as a trader we have to be prepared based on unforeseen circumstances that may come at any time. In business we ran into lost and if we don't make profits or gain doesn't mean we won't make gain and profits, we don't have to always positioned our heart on positive sides of making profits although it's good to be optimistic while venturing in any business, business contains profits and loose.

Right. Accepting losses is part of having profit because you are risking money if you want to gain more in both business and trading. The most important thing that we should consider is to know how to minimize risk so that we can take profit whenever we are not already comfortable with our loss.

In trading, Emotion is the number enemy that’s why we should create a proper risk management to our capital so that we will not enter a trade that we can’t afford the risk in case the result becomes a disadvantage for us.

[rozak]

Research Ignoring the importance of research the biggest mistake most people make is that they jump in without basic knowledge of trading.

and supposedly without knowledge of the trade, they should not trade. Maybe that's what makes some people think that trading without knowledge and skills is gambling.
which is mostly done by beginners because they see there are people around them who are successful in trading. and those who are beginners are starting to get interested, not just learning first but starting trading because they have capital. his ambition is to make a profit as quickly as possible. but what they gain is loss.

[HajiBagi]

Most people think life is a bed of roses, is all about sunshine,  enjoyment etc not knowing that there's always a  tough time and the ability of one to overcome this time makes him great.  Tough time is the point through which poor and successful people emerges depending on the choices and decision they take.
Most traders and investors are inpatient they only think of the positive side of it ( making profit) not knowing there will always be a loss someday,  well most of them know but when they make losses they became frustrated and unstable,  some will give up because of that little experience.  Sometimes we make losses and we have bad experience like we offend God but no, we are only been tested.  Some of the spirit of a trader or invest is "I can make it mindset, resilience...

You made a valid point, buddy. A lot of people these days are impatient and don't think about losing money at all. I've seen a lot of people lose money because they didn't expect it to happen the way they thought. In any investment, if you don't experience any losses, you won't take it seriously enough to work harder the next time. Even in business, you will experience many losses and never understand the value of a profit. I know that everyone invests money or starts a business with the intention of making a profit, but it's also beneficial for us to understand how much our profits are worth.

I have witnessed a lot of people give up on bitcoin investing due to small losses, and I also know of a friend who is unwilling to make any more investments because he sold his bitcoin when he was having financial difficulties and did not make any money because the price of bitcoin had not increased since he bought it. This is the only reason he decided against making any more investments. In my opinion, there was no valid reason for him to stop investing in bitcoin because he did not sell his coin at a profitable time.