What you need to know about trading

[KingsDen]

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...

I read through what you feel that everyone has to know about trading. Your post is in line and understandable.  But with respect to your post title, I feel that what you need to know about trading is that TRADING IS NOT FOR EVERYONE.

YES, you read it clear. If you lose and keep losing, quit trading and find some other things to do. Trading is more than profits and losses, it takes patience and emotion to survive in the trading market.  If you have tried trading for sometimes and no matter how careful you applied your strategy,  you still don't succeed.  Please consider to quit trading.

[1715157796]

1715157796

[irhact]

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...

Every traders knows a day will come when things won't go smoothly but sometimes they forget about this when it happens due to how painful some of this losses are. The losses can be so painful because it took all or most of the profits thay have made in a very long time. When this losses always come is when we start been greedy or when we start thinking that we have become so good that the market can't win us but the market make us to regret those words.

Any individual that wants to be very successful at trading needs to know that when the days are rainy, he has to prepare for when the rains stores, by always saving. Always take profits and reserve those profit instead of using all the profits plus your capital to enter the market again. Giving up too early because of few mistakes is wrong, you have to make sure you have confirmed that trading isn't what you are going to use to make money before you quit trading finally.

[Litzki1990]

We all know that people are interested in the positive aspects of a subject, no one ever thinks about the negative aspects. People are interested in trading by looking at its positive side, you don't want to remember that someone has lost money by trading but if someone you know makes money by trading it will encourage you and make you interested in trading. Being interested in trading after seeing the profit of others, we decide to trade directly but before trading we do not think so much that we have a lot to learn about trading before trading. Trading is very easy for those who have no idea about trading but for those who have been involved with trading for a long time, trading is not at all easy. A trader has to risk money before trading and that trader has to be sure that he is risking money in the right place. A lot of market research is required for trading. A trader should understand these issues before engaging in direct trading.

[Dewi Aries]

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...

I read through what you feel that everyone has to know about trading. Your post is in line and understandable.  But with respect to your post title, I feel that what you need to know about trading is that TRADING IS NOT FOR EVERYONE.

YES, you read it clear. If you lose and keep losing, quit trading and find some other things to do. Trading is more than profits and losses, it takes patience and emotion to survive in the trading market.  If you have tried trading for sometimes and no matter how careful you applied your strategy,  you still don't succeed.  Please consider to quit trading.

There will be some people who will reject your assumption even though it is basically true, for people who are scientifically illiterate but very open to the name of profit they will not care about ideas that will hinder them. Many come because they are motivated by others who are successful and make huge profits from trading, they want to have the same fate but the problem is that they do not bring any preparation and fishing tools to get, isn't it nothing more than gambling? yes I would say that if anyone gets involved and enters the world of trading without having any understanding and knowledge, because they will only depend on luck.

With that said, I would agree with your statement that "trading is not for everyone", and I would add one thing "there is no instant wealth in trading". Before you jump in and get involved because you are motivated by the success of others then I hope you should first see what difficulties they faced in the process of achieving it, if you already know and have the answer then I'm not sure you will still be convinced to get involved. Basically, there are so many things you have to prepare, good planning, money management, emotional and psychological, patience, consistency and willingness to continue learning to improve. So think and consider again if you want to get involved.

[Nrcewker]

Trading means taking risk or risking your money for profits. Now you need to be mature enough to understand that, when you take risks, there is equal probability of getting losses as well as profits. So we need to be prepared for both. Trading doesn’t mean making tons of money always. With high risk, high rewards come and along with this high chances of loss also comes. What we can do is just do the market analysis and reduce the risk and increase our chance of winning.

[Assface16678]

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...

I read through what you feel that everyone has to know about trading. Your post is in line and understandable.  But with respect to your post title, I feel that what you need to know about trading is that TRADING IS NOT FOR EVERYONE.

YES, you read it clear. If you lose and keep losing, quit trading and find some other things to do. Trading is more than profits and losses, it takes patience and emotion to survive in the trading market.  If you have tried trading for sometimes and no matter how careful you applied your strategy,  you still don't succeed.  Please consider to quit trading.

I think it's not good to advise them to quit trading. Yes, maybe they quite lose some money or amount, and maybe they are suffering from it, but maybe because they keep on losing in trading, it's because they lack something, and what is it? maybe knowledge and experience, maybe they didn't have enough knowledge earn in trading and if they do, they still need to deepen their knowledge to concure every situation in the market. experience. We have a saying that experience is the best lesson, so maybe there will be a point where they can become successful in trading. God has a plan; not everyone can become a successful earner in trading. Maybe what we can consider to advise to quit trading are those who don't want growth in their skills, are content with the little knowledge they have, and keep complaining about why they can't earn in trading.

[shinratensei_]

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...

I read through what you feel that everyone has to know about trading. Your post is in line and understandable.  But with respect to your post title, I feel that what you need to know about trading is that TRADING IS NOT FOR EVERYONE.

YES, you read it clear. If you lose and keep losing, quit trading and find some other things to do. Trading is more than profits and losses, it takes patience and emotion to survive in the trading market.  If you have tried trading for sometimes and no matter how careful you applied your strategy,  you still don't succeed.  Please consider to quit trading.

I think it's not good to advise them to quit trading. Yes, maybe they quite lose some money or amount, and maybe they are suffering from it, but maybe because they keep on losing in trading, it's because they lack something, and what is it? maybe knowledge and experience, maybe they didn't have enough knowledge earn in trading and if they do, they still need to deepen their knowledge to concure every situation in the market. experience. We have a saying that experience is the best lesson, so maybe there will be a point where they can become successful in trading. God has a plan; not everyone can become a successful earner in trading. Maybe what we can consider to advise to quit trading are those who don't want growth in their skills, are content with the little knowledge they have, and keep complaining about why they can't earn in trading.

must remember some people just don't have the aptitude and talent for trading because they are so emotionally involved in every decision, if you say that they can learn from their losses, well they certainly can, but we'll see whether they will be making profit first before they burn their entire saving or even they burn their entire saving they still not learned a thing because as I say some people are making decision based on emotion alone not thinking by logic which highly required in trading, imagine some people just getting fomo'd investing their money into a coin that has already reached peak, the future for them is losing because other people are already trying to find position to dump their investment into oblivion yet they just started to invest.
Sometime its better to stop if we kept losing and not improving, I personally have profited quite the amount of money from trading but I know that I couldn't always profit and its mentally exhausting therefore I decided to just stop trading altogether and focus on investing.

[kingvirtus09]

I feel that what you need to know about trading is that TRADING IS NOT FOR EVERYONE.

If you really believe this, yes, trading is for everyone, but not everyone is for it, because most people who enter the trading business are just looking to make a quick profit, thinking that they will easily get rich or improve their lives. from the hardships they are facing on the path.

Before you learn or have an understanding of trading, you need to spend time and time, it's not just one day that you will immediately understand everything in trading, it's not like that in the trading industry, everyone has a period of time as to how much we should do it -take time actually.

[puloweh555]

We all know that people are interested in the positive aspects of a subject, no one ever thinks about the negative aspects. People are interested in trading by looking at its positive side, you don't want to remember that someone has lost money by trading but if someone you know makes money by trading it will encourage you and make you interested in trading. Being interested in trading after seeing the profit of others, we decide to trade directly but before trading we do not think so much that we have a lot to learn about trading before trading. Trading is very easy for those who have no idea about trading but for those who have been involved with trading for a long time, trading is not at all easy. A trader has to risk money before trading and that trader has to be sure that he is risking money in the right place. A lot of market research is required for trading. A trader should understand these issues before engaging in direct trading.

Yes that's right. There are many beginners who trade but they only think about the positive side without thinking about the negative side. even though they must understand both before trading so that beginners have guidelines for trading. Usually beginners only see people who have successfully entered the world of trading who made a turning point for them financially. Even though behind it all they have gone through ups and downs in their trading journey.

This is very important for beginner traders to understand and must know. they should have a dollar amount they can afford to lose on each trade if it doesn't work out. Because they will suffer losses no matter what. Emotions do play the biggest role in trading, but that's only for beginners, there are many things you can learn from technicals, reading charts, etc. Emotions do play a big role but not as big as learning how to trade.

[tygeade]

There will be some people who will reject your assumption even though it is basically true, for people who are scientifically illiterate but very open to the name of profit they will not care about ideas that will hinder them. Many come because they are motivated by others who are successful and make huge profits from trading, they want to have the same fate but the problem is that they do not bring any preparation and fishing tools to get, isn't it nothing more than gambling? yes I would say that if anyone gets involved and enters the world of trading without having any understanding and knowledge, because they will only depend on luck.

With that said, I would agree with your statement that "trading is not for everyone", and I would add one thing "there is no instant wealth in trading". Before you jump in and get involved because you are motivated by the success of others then I hope you should first see what difficulties they faced in the process of achieving it, if you already know and have the answer then I'm not sure you will still be convinced to get involved. Basically, there are so many things you have to prepare, good planning, money management, emotional and psychological, patience, consistency and willingness to continue learning to improve. So think and consider again if you want to get involved.

That is such a terrible thing, same thing happens at gambling too, people see others win the jackpot and imagine what they could do with that much money and gamble and lose what they have too. Same at trading, surely there are plenty of people who make insane returns, but that doesn't mean that you can start today and start making a ton of money, you are going to end up losing money here and there, which is why you should avoid it if you could.

I believe that the best thing you could do regarding this situation would be just focusing on what you could do with what you have. If you are a newbie, then it is not wise to end up trying to do something regarding big profits, but trying to learn how to trade, that would be a lot better.

While learning, you could do well enough but that doesn't mean that you will be amazing, sometimes you will lose, that's normal while trading, don't be discouraged and hope that you will get better by working hard and studying.

[tajimas]

Before you learn or have an understanding of trading, you need to spend time and time, it's not just one day that you will immediately understand everything in trading, it's not like that in the trading industry, everyone has a period of time as to how much we should do it -take time actually.

What should you spend time doing, looking at the charts and candles, dazzling out emotions when the trade goes against you when you got little amount to kickstart is something ridiculous. Trading crypto requires you buying at every low price and not good for people without money, not excluding beginners but to experts too as well. Trading is easy especially when trader has many streams of income to diversify his earnings into crypto.

[_BlackStar]

-snip-

What should you spend time doing, looking at the charts and candles, dazzling out emotions when the trade goes against you when you got little amount to kickstart is something ridiculous. Trading crypto requires you buying at every low price and not good for people without money, not excluding beginners but to experts too as well. Trading is easy especially when trader has many streams of income to diversify his earnings into crypto.

Each trader's risk tolerance is different, so don't lump them all together. If today I feel fine when a correction makes me lose $2000 - then I can assure you that it won't be okay for some other people. Having the right psychology about trading or investing is most advisable - experience will only create a strong mentality for you and it will be formed when traders and investors understand the risks.

Trading isn't just about buying low and selling high - in fact you can make big profits on trades by buying high and selling low, especially if you trade futures. There are several types of trading that you can learn - but the most important thing to understand is how to make both fundamental and technical analysis.

[justdimin]

simply know that emotion influenced trading and decision making will lead to a loss. moreover, the market might not behave like described in text book technical analysis there's so much thing actually that you need to know to succeed in trading, there's reason why many people out there are deiciding to retire from trading because they think they're not good enough and trading in itself is mentally exhausting.
basically you need to go against the people that have big capital, also those that posses the coin at large amount which are ready to dump whenever they like.
you need to contend against those and make your own feat by buying low selling high, therefore even though trading was being pictured as easy if youse those influencers its actually really hard.

Emotion may sound simple at first, but it was actually a big thing that can affect us in almost everything that we do. So we shouldn't under-estimate if, if we still don't know its importance. IDK if what textbook you mean but a legit guide will only tell the truth about trading and this market, that it was not 100% predictable and anything can happen, whether it's about down movement, being stable, or up.

Maybe they can miss out some lessons, this is why it's important to continue searching and learning, as that can help us to improve more in trading. Those who are feeling quitting were maybe had enough already? That decision isn't wrong but if we are still starting, we shouldn't quit easily.

[boyptc]

Impatient people are not ideal for trading.

And what they need to learn is not it's not always about the profit that's being bragged by other traders. It's because there's always a story behind the success of someone.

Those profits that they brag probably have gone through a lot of losses before claiming it.

They can just think about the profit if they are capable enough to trade and claim that they are knowledgeable enough. But as long as they are still learning, they first think and focus on analyzing the market and helping it understand with the help of these trading tools available online. They should think about preparation first before thinking about earning as it is easy if we are already fully equipped with knowledge, skills, and strategies as these are the tools needed in order to succeed.

They will figure it out that it's not all about the profit.

But the strongest emotion, the best in analysis and the ones who are able to read the charts and fundamentals are the ones likely to make good money in trading.

And as I have said, this is not ideal for everyone. We learn to be patient as you enter trading and even by just being an investor and I think from there is already a good start.

[TelolettOm]

We all know that people are interested in the positive aspects of a subject, no one ever thinks about the negative aspects. People are interested in trading by looking at its positive side, you don't want to remember that someone has lost money by trading but if someone you know makes money by trading it will encourage you and make you interested in trading. Being interested in trading after seeing the profit of others, we decide to trade directly but before trading we do not think so much that we have a lot to learn about trading before trading.

This initial mindset is what actually often makes many novice traders stressed when they experience losses in trading. because they only estimate the gains or positive aspects of trading so far, without thinking about what risks they will face. Even though trading is not something that is always positive, in fact trading contains high risks of losing money. So, once we have a mindset about trading risks, then we will learn and prepare carefully what to do for trading. When we really aren't ready, we won't rush and prefer to study and prepare first. because once again, trading is not only about making money but also the risk of losing money. So, consider it carefully before trading. .

[BRINIRHA]

Many people do not make inquiring before they entered into trading and the things is one of the things that makes to lose in trading, so I believe in trading you have to understand the basics things of trading before you venture into trading, because the success of trading is ability to know when to enter into trading and when not to enter into trading, so therefore when we think of trading we think of the hindrance of trading, the inpatient you are emphasising on a traders is when you have not understand the rudiments of Trading is when you be inpatient in your trading and also in your investment.  But when you have peruse into trading and understand the concepts you know when to trade and when not to trade and also know when to purchase for investment and when not to purchase for investment.

Basic insight regarding trading must be prioritized by anyone who intends to enter trading. Especially if it is a crypto trade whose volatility level is higher than other trades. Without basic insight, a beginner will only enter trading with full imagination of easy and fast profits. And after he discovered the fact that trading was not as easy as he imagined, many of them gave up or even blamed the trading itself. Even though the fault lies with those who do not want to learn more before entering into trading. Theory is needed so that it is easier for us to read the market situation and make a mature analysis. And after practice, the theory will be strengthened by direct experience from the trading activity itself. So a trader will become more skilled the more he has experience in the market. And well those who are skilled in trading will certainly know when to enter and when to exit. Because the market situation is not always good to enter and sometimes we also have to know when is the best time to enter.

[tjtonmoy]

Those who stand strong till the end will be called victorious. But it is easier said than done. Losses in trading could lead to many things which include emotions. Controlling emotion is not an easy task. It takes years to master it, and even after that one may not be able to fully control it. But that's just it. We are human, not mindless robots. It's not a bad thing to get affected by emotion. All we need to do is control it to a level where it won't affect the trade.

Having positive thinking about everything is not always a good thing. Making mistakes as a human is natural. But if you think that it's just a test, then you will never be able to overcome that mistake. Learn to embrace your mistakes and try to figure out why you made those mistakes in the first place and try to fix them.

[Negotiation]

Trading means risk so you have to trade with risk and if you can control your emotions between profit and loss high risk often brings good things. Trading requires a lot of discipline and can be risky if inexperienced combined with competent decisions. A person needs to have a lot of trading knowledge to make the market trading journey less risky. Failure is a part of any type of investment and trading is no exception. If you follow the strategies of successful traders keep more money than you want to use in trading, the chances of winning will be lower and the risk will be lower.

[Zanab247]

Trading carry so many things which many people don't know and, you need to know some of the things that attached to crypto trading before risking your money on it.

You must exercise patience in your trading which is one of the advantage many professional traders used to earn big money from their trading because they continue hodling whenever there is a bear run in the market, so that they will not miss their opportunity in the future. You must know that there are two things you cannot miss in crypto trading which are gain and loss, if you miss loss, you will surely embrace gain and if you miss gain you will surely embrace loss.

[beerlover]

Those who stand strong till the end will be called victorious. But it is easier said than done. Losses in trading could lead to many things which include emotions. Controlling emotion is not an easy task. It takes years to master it, and even after that one may not be able to fully control it. But that's just it. We are human, not mindless robots. It's not a bad thing to get affected by emotion. All we need to do is control it to a level where it won't affect the trade.

Having positive thinking about everything is not always a good thing. Making mistakes as a human is natural. But if you think that it's just a test, then you will never be able to overcome that mistake. Learn to embrace your mistakes and try to figure out why you made those mistakes in the first place and try to fix them.

Controlling your emotions is not easy, but ignoring them is quite easier to be fair. If you end up feeling anger or fear or anything else like that, ignoring them is easy, you just focus on something else. None of us are living a life where we only look at the price of a crypto and do nothing else in life, we all do something, we work, we eat, we sleep, we go out, we watch something, we play, we date, we basically do so many things in life everyone has their own thing, everyone has different life.

I think it's quite important to remember that you could stop looking at crypto and do something else, which would be ignoring your feelings there and then focusing that into something else. Like if you know how to play the guitar and like it, then you could stop looking at the screen, pick up your guitar and play a song, it's possible and it would ignore your emotions about trading. This is what I do, I like to play games, so I just quit the website and go play some games.