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Author Topic: Most Traders are Not Profitable  (Read 2182 times)
d3nz
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June 22, 2024, 06:07:13 AM
 #321

Profit depends on us, how we make decisions so that we receive profits or losses, if we have deepened the knowledge of trading we can easily minimize losses, and we are not rash in making decisions so that we suffer losses, that way we can choose how to so that we don't suffer losses, therefore we need knowledge first before we start trading and we can also take safe steps when coin prices start to decline, and don't think too much because prices start to fall, that way we can overcome the mental us more calmly.
Sure. Knowledge has a big role to make the decision. If we have good knowledge, we can be easier to make the right decision. So, it is not so difficult to make profits. But if we have lack of knowledge, how we can make the right decision? The decision will always depend on the knowledge. That's why it is very important to keep learning although we already traded for a long time. Sometimes, the market trend changes, we must consider more factors to make a decision. If we stop learning, we may have no improvement in our knowledge. So we may make the same mistake in making the decision.




Actually, having a trading knowledge is cool but it really depends on the skills and experience. That's why it's really hard just to rely on your trading knowledge but if you don't have the experience then you will just lose your money.

And traders will be profitable if they are earning $100+ a day if they are doing future trading, and on spot trader it would be $500 - 1000 a month


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June 22, 2024, 08:12:33 AM
 #322

Actually, having a trading knowledge is cool but it really depends on the skills and experience. That's why it's really hard just to rely on your trading knowledge but if you don't have the experience then you will just lose your money.

And traders will be profitable if they are earning $100+ a day if they are doing future trading, and on spot trader it would be $500 - 1000 a month

It is very difficult to calculate the trader’s profit for the period, if this is medium -term trade, then you should forget about such concepts as earnings in a month. Long -term or medium -term transactions can last months, and you have no guarantees that they will be profitable. Only after the closing of transactions, you can calculate the profit, and if you want to divide it by the number of months, to understand what average profit you received in a month. In trading, making money is not easy, and this requires a lot of practice and experience.



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uswa56
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June 22, 2024, 10:59:31 AM
 #323

Sure. Knowledge has a big role to make the decision. If we have good knowledge, we can be easier to make the right decision. So, it is not so difficult to make profits. But if we have lack of knowledge, how we can make the right decision? The decision will always depend on the knowledge. That's why it is very important to keep learning although we already traded for a long time. Sometimes, the market trend changes, we must consider more factors to make a decision. If we stop learning, we may have no improvement in our knowledge. So we may make the same mistake in making the decision.
With knowledge of course it will be able to make a person able to analyze first before they decide something in trading, but patience also plays an important role in being able to make a decision carefully in analyzing the right time to enter trading because if we make a decision in a hurry, of course we will not be able to make the right decision and that will result in bad results that we will get from the trade we do.

I agree with you, even though we have good experience in trading, we should continue to learn about trading so that we can know all the changes that happen in the market and we are prepared with the knowledge we have and will still be able to make the right decision for our trading. but if we stop learning, of course it will be difficult for us to keep up with the developments that are happening so that we can't analyze well and we can't make the right decision either.

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June 22, 2024, 03:24:22 PM
 #324

Actually, having a trading knowledge is cool but it really depends on the skills and experience. That's why it's really hard just to rely on your trading knowledge but if you don't have the experience then you will just lose your money.

And traders will be profitable if they are earning $100+ a day if they are doing future trading, and on spot trader it would be $500 - 1000 a month

It is very difficult to calculate the trader’s profit for the period, if this is medium -term trade, then you should forget about such concepts as earnings in a month. Long -term or medium -term transactions can last months, and you have no guarantees that they will be profitable. Only after the closing of transactions, you can calculate the profit, and if you want to divide it by the number of months, to understand what average profit you received in a month. In trading, making money is not easy, and this requires a lot of practice and experience.

It's really hard to make a profit in times like this where the market doesn't move much, especially if you're spot-based. Although if you base your profit on futures trading, the price of bitcoin is not that volatile. But you should always have an understanding of futures trading.

And if you ever do the futures trade, don't ever try to trade in other crypto's; instead, just focus on BTCUSDT so that you are at least safe, but on the spot instead of trading, hold and DCA, that's my advice.

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June 25, 2024, 05:41:41 PM
 #325

Actually, having a trading knowledge is cool but it really depends on the skills and experience. That's why it's really hard just to rely on your trading knowledge but if you don't have the experience then you will just lose your money.

And traders will be profitable if they are earning $100+ a day if they are doing future trading, and on spot trader it would be $500 - 1000 a month

It is very difficult to calculate the trader’s profit for the period, if this is medium -term trade, then you should forget about such concepts as earnings in a month. Long -term or medium -term transactions can last months, and you have no guarantees that they will be profitable. Only after the closing of transactions, you can calculate the profit, and if you want to divide it by the number of months, to understand what average profit you received in a month. In trading, making money is not easy, and this requires a lot of practice and experience.

It's really hard to make a profit in times like this where the market doesn't move much, especially if you're spot-based. Although if you base your profit on futures trading, the price of bitcoin is not that volatile. But you should always have an understanding of futures trading.

And if you ever do the futures trade, don't ever try to trade in other crypto's; instead, just focus on BTCUSDT so that you are at least safe, but on the spot instead of trading, hold and DCA, that's my advice.
On a consolidating market on which you dont really know on where prices could potentially go then this is something which is really that hard to make out some position whether it would really be a long or short position
due to the market on which it is thato n unsure state. This is why some people would really be waiting until to make up some wick on a certain candle whether going up or down and would really be taking it as a signal for them to make that entry. Handling  yourself into this unpredictable space isnt something that easy or something that you would really be able to make yourself that having some assurance about making profits.

This is why outcome and results would really be that determining on how well you are on making up your positions and decisions. Also, luck factor would really be that also significant on this regard.
You cant really be just that totally relying with luck on which of course it would be basing up on the TA+FA that you've been using. It is really just that to hard for you to have those considerations
on assuming that it would really be that 100% precise.

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