GeorgeJohn
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December 18, 2023, 09:45:17 PM |
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A trading is something that we all know that you most take a precautions before you will be beneficiary to it, sometimes people might think that trading is very easy from their perspective but when they venture into they understand how difficult trading is all about, theirs some certain things we have to understand with this subject or headline of this thread, you can not think that trading is easy or every is easy to actualize or achieve, you most be concentrated before you can achieve anything you want.
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stadus
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December 18, 2023, 09:51:03 PM |
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Trading does not require extraordinary skill. The rules used are simple and can be learned within several months. Therefore, the difference between beginners and experts is several hours of learning, but obtaining accurate news from sources not available to the public and the ability to analyze market variables to understand trading trends and how it is affected by political and economic factors is what makes you achieve more profits from more experience and knowledge of the basics of trading.
Yes, trading doesn't require extraordinary skills but it's always an advantage if you enter the market with adequate knowledge and skills that will create higher rate of success compared to those who are still starting to learn the process. That being said, it's always better to develop trading motivation at an early time because once it's already established, it will be easier for traders to go out from their comfort zones and learn trading the best of their ability and skills. The beginning is always the most difficult time, but when you have already overcome those struggles to make you a good trader, then it will be easier for you to perform trading based from your gained knowledge and abilities in trading.
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dunfida
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December 18, 2023, 09:59:14 PM Last edit: December 18, 2023, 10:21:32 PM by dunfida |
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Trading does not require extraordinary skill. The rules used are simple and can be learned within several months. Therefore, the difference between beginners and experts is several hours of learning, but obtaining accurate news from sources not available to the public and the ability to analyze market variables to understand trading trends and how it is affected by political and economic factors is what makes you achieve more profits from more experience and knowledge of the basics of trading.
Yes, trading doesn't require extraordinary skills but it's always an advantage if you enter the market with adequate knowledge and skills that will create higher rate of success compared to those who are still starting to learn the process. That being said, it's always better to develop trading motivation at an early time because once it's already established, it will be easier for traders to go out from their comfort zones and learn trading the best of their ability and skills. The beginning is always the most difficult time, but when you have already overcome those struggles to make you a good trader, then it will be easier for you to perform trading based from your gained knowledge and abilities in trading. All of those learnings would really be able to acquired with real experience and time spent on dealing with this unpredictable space and that one wont really be just not a short time. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Trading is never been simple an something that you could really be able to take grasps on, in a short period of time on which it would really be just that so normal that you would really be spending up some time for you to be able to have a good understanding on how this market behaves and how it works and on how you should react.
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Assface16678
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December 18, 2023, 11:26:47 PM |
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Trading does not require extraordinary skill. The rules used are simple and can be learned within several months. Therefore, the difference between beginners and experts is several hours of learning, but obtaining accurate news from sources not available to the public and the ability to analyze market variables to understand trading trends and how it is affected by political and economic factors is what makes you achieve more profits from more experience and knowledge of the basics of trading.
Yes, trading doesn't require extraordinary skills but it's always an advantage if you enter the market with adequate knowledge and skills that will create higher rate of success compared to those who are still starting to learn the process. That being said, it's always better to develop trading motivation at an early time because once it's already established, it will be easier for traders to go out from their comfort zones and learn trading the best of their ability and skills. The beginning is always the most difficult time, but when you have already overcome those struggles to make you a good trader, then it will be easier for you to perform trading based from your gained knowledge and abilities in trading. All of those learnings would really be able to acquired with real experience and time spent on dealing with this unpredictable space and that one wont really be just not a short time. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Trading is never been simple an something that you could really be able to take grasps on, in a short period of time on which it would really be just that so normal that you would really be spending up some time for you to be able to have a good understanding on how this market behaves and how it works and on how you should react. True! even an experienced traders still face trade loss or lose trade but that trades doesn't affect them as its part of the trading and they are ready for that mentally and emotionally, also even if they lose some money in a trade they can get it back because they know how to counter it, so even a beginner is smart and skilful in analysing, in the face of unpredictability of trading a crypto currency, they will face hard ship and losses that's why not just the skill, experience and knowledge should be work on to grow, also the emotional state of the traders, they should be ready to accept if they lose money from a trade, it only means that you still have room for improvement and learn from that mistake. Trading is very hard, yes, but it will be rewarding if you know how to handle things and are ready for its uncertainty.
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sheenshane
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December 18, 2023, 11:40:07 PM |
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Trading is never been simple an something that you could really be able to take grasps on, in a short period of time on which it would really be just that so normal that you would really be spending up some time for you to be able to have a good understanding on how this market behaves and how it works and on how you should react.
I tend to agree, it takes your precious time. For my part, it took years before I entered the battlefield in trading, but it doesn't guarantee that I've always been in a win-win situation. I've also encountered losses and difficulties despite that long experience. Until such time it comes into my mind, why I need to put in a high risk in daily trading if holding in a long term also can obtain profit. There's no easy way of making money in trading, as I see, even experts may experience certain losses too.
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GreatArkansas
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December 18, 2023, 11:58:45 PM |
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The most difficult level in life generally is level one because that's where you put in the work, and during that time, you will see enough reason to quit more than enough reason to continue, because you are definitely going to blow up so many account while in the learning process, but the ability to continue learning and pressing forward even when things aren't going our way defines us. Nothing good comes easy, so if we must succeed in trading even as experience as we are, we must keep on putting in the work to learn more, so that we can be a better trader and reap the rewards of our work.
Exactly. I can see this kind of experience in other people. Some people want to spoon-feed on them like they can't start with their ownself or initiate even small. Because if you want 1 thing, you will start it from your self, you need to stand up and make the first step because no one else will do it for you. Trading is difficult so, you need to be aware of this always even in the beginning.
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Jatiluhung
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December 19, 2023, 03:11:56 AM |
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Any beginner who has just started trading and has little experience will definitely have the most difficult time in this regard. In fact, before entering into trading, I personally learned some basic insights in trading and ways to analyze the market. But when I practice directly in trading on the market, it turns out that theory is sometimes different from reality. Many variations do not even exist in theory. But I have friends who are mentors for me. He watches my trades and guides me when I'm on the verge of getting FOMO or when I'm starting to get greedy. He made me disciplined in trading. And he always said that experience would teach me if I truly evaluated every step I took. And it turns out to be true that the most important thing is that we must not give up. And we must continue to correct every mistake we make. Theory can be learned easily. But it turns out that mental resilience in trading can only be obtained from the trading experience itself. The more experience we get, the stronger our mentality will be. Without a strong mentality, we could even get out of the trading plan that we have made ourselves. So emotional management in trading turns out to be important to learn too. Because it is all related to our mentality during trading.
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gunhell16
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December 19, 2023, 04:40:13 AM |
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Trading as a beginner or as an experience traders might gives us different results like the possible outcome of your trade base on your vast knowledge about the craft, but we should not forget that the work we put in even when we are blowing different account defines us.
In every business in life, knowledge about it and what it entails to succeed is always the key. Someone that has been learning trading for years and someone that just jumped into the market base on the fact that he believes that trading is a get rich quick scheme can never be the same in terms of execution and vast knowledge of how to navigate his or her ways in the market to come out profitable.
The most difficult level in life generally is level one because that's where you put in the work, and during that time, you will see enough reason to quit more than enough reason to continue, because you are definitely going to blow up so many account while in the learning process, but the ability to continue learning and pressing forward even when things aren't going our way defines us. Nothing good comes easy, so if we must succeed in trading even as experience as we are, we must keep on putting in the work to learn more, so that we can be a better trader and reap the rewards of our work.
It's not really easy to be successful here in crypto trading, and this is true because I experienced it; it took 2 years before I fully understood it. Trading in this industry field is not easy to understand. That's why others say that they understood it immediately after a few months; I don't believe that they understood it 100% immediately. When it is said 100%, that means all the tool indicators you know how to use and you know where and how to use them correctly. There are still too many tool indicators for you to know them all. Everything needs to be really hard before we can truly understand it.
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cafter
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December 19, 2023, 07:00:54 AM |
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You are right many newbies came in to trading because it's seems so simple, or youtubers influencers made it so simple and make huge profits. Like they make videos where they say like this "see here we drawn a support line, from here to price will take support" and people see it and think oh wow this is trading? it's simple. there is more to learn in trading, and we need to learn a lot to be profitable, or to not lose more.
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lixer
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December 19, 2023, 06:38:30 PM |
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You are right many newbies came in to trading because it's seems so simple, or youtubers influencers made it so simple and make huge profits. Like they make videos where they say like this "see here we drawn a support line, from here to price will take support" and people see it and think oh wow this is trading? it's simple. there is more to learn in trading, and we need to learn a lot to be profitable, or to not lose more.
All the professional and experienced traders that we see are also once a newbie and I think for once, they also have that " get-rich " mindset. That's normal for us people, and this is the reason why there are those influencers who talk about it, because they also knew that this is on the people's minds. They only fuel things up, especially if they are promoting something. There are still people who won't easily believe on what they see, especially if it's already too good to be true. Indeed that trading is not easy as buying and selling, but I think drawing a support line is not a basic thing in trading. I don't even know how it work or look like, lol.
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stomachgrowls
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December 19, 2023, 06:51:00 PM |
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Trading as a beginner or as an experience traders might gives us different results like the possible outcome of your trade base on your vast knowledge about the craft, but we should not forget that the work we put in even when we are blowing different account defines us.
In every business in life, knowledge about it and what it entails to succeed is always the key. Someone that has been learning trading for years and someone that just jumped into the market base on the fact that he believes that trading is a get rich quick scheme can never be the same in terms of execution and vast knowledge of how to navigate his or her ways in the market to come out profitable.
The most difficult level in life generally is level one because that's where you put in the work, and during that time, you will see enough reason to quit more than enough reason to continue, because you are definitely going to blow up so many account while in the learning process, but the ability to continue learning and pressing forward even when things aren't going our way defines us. Nothing good comes easy, so if we must succeed in trading even as experience as we are, we must keep on putting in the work to learn more, so that we can be a better trader and reap the rewards of our work.
Hardwork would always pays of and if you are that someone who do set out those kind of plans then you should really make yourself work hard because nothing would be progressive if you would really be remaining still and it would really be just stagnant. You cant really expect on having a successful life if you wont move. This is why if the time you are deciding on touching up trading space then you should really that make yourself that get prepared on whatever the things that you might encounter and one of those would be blown up accounts and balance which i could say that it would be normal. There's no way on learning trading overnight and if someone do promises you out in regarding on this one then its a scam. Hovering yourself into a field on which you dont even know on what it is, then it would really be just that common sense on what are the things that you must do because if you wont really be making yourself that sensible then you wont really be able to catch up on what are those things since from the start. Dont expect that this one would really be a smooth journey and this should be always the thing that would put up into your mind.
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kojektea
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December 19, 2023, 07:41:27 PM |
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You are right. All of this is not easy, trading requires a lot of flying hours, even one or two trades does not make us immediately understand everything. we need more and more experience to really mature here. Trading is not just about making us rich quickly, it requires mature decisions in taking action as well as high flying hours and being prepared to take high risks too. I am quite sure that people who survive in trading are genuine business people who are not afraid of losses and have a lot of flying hours.
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Johnyz
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December 19, 2023, 08:54:15 PM |
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You are right. All of this is not easy, trading requires a lot of flying hours, even one or two trades does not make us immediately understand everything. we need more and more experience to really mature here. Trading is not just about making us rich quickly, it requires mature decisions in taking action as well as high flying hours and being prepared to take high risks too. I am quite sure that people who survive in trading are genuine business people who are not afraid of losses and have a lot of flying hours.
Sacrifices and hard work always present at first but the moment you are able to over come this, I’m sure you can tell easily how worth it your journey is and yes trading is not an overnight success because it will always take time. The process to become a good trader requires time and a lot of effort, there will be mistakes at first and many losses and if you will not give up, I’m confident that you’ll succeed in the right time.
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lalabotax
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December 19, 2023, 09:21:45 PM |
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. The most difficult level in life generally is level one because that's where you put in the work, and during that time, you will see enough reason to quit more than enough reason to continue, because you are definitely going to blow up so many account while in the learning process, but the ability to continue learning and pressing forward even when things aren't going our way defines us. Nothing good comes easy, so if we must succeed in trading even as experience as we are, we must keep on putting in the work to learn more, so that we can be a better trader and reap the rewards of our work.
It makes sense. Because usually, how you will become next and how your success will be is determined by our beginnings. How do we start our trading business, how does the city start it with thorough preparation or not. Usually, sometimes people underestimate trading, because they think that trading is an easy thing. But the reality is not like that. If we are serious about starting our trading with thorough preparation from various aspects, such as finances, knowledge, strategy, trading analysis, and also emotional and risk management, this will make our level 1 in trading quite good. rather than just prioritizing luck. However, this practice is not only about how it started, but also its consistency and sustainability which will also have an influence.
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Natalim
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December 19, 2023, 09:55:07 PM |
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It is just to say that we all have faced difficult times before making any success but despite how difficult it was we still have found a way out and break through it. Our mindset is one that urges us not to quit but if we are already in doubt, I was certain that it was impossible and this is what happened to most traders as they quit when experiencing losses.
If we are determined to reach our goal, nothing is impossible and we do everything in order to succeed. Success comes after hard work and perseverance.
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mirakal
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December 19, 2023, 10:36:17 PM |
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If we can trade just like how professional traders do it, then most likely it will gain the highest positive outcome. However, it's hard for beginners to act as if they are skilled and reputable traders when they are still learning the process to trade. That's the most difficult time in trading, assessing yourself if you are reliable to do it or just quit in the process while you are still not losing too much.
But, no matter how difficult trading is, it can always be study and learned, so beginners have no reason to quit but to endure the difficulties in trading until one will find himself good enough to trade and combat losses. After all, mastery in trading do not just happen instantly, there's always a process that one should familiarize and mastered in the long run.
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jeraldskie11
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December 19, 2023, 11:19:10 PM |
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To become successful in trading doesn't mean you should spend a lot of time. There are traders who spent less than but can manage to be profitable. In my opinion, personalities and attitude is one of the key to succeed in trading. One of the best quality we need in trading is patience and discipline, if we don't have this then there's no good strategy. That's why some traders wondering if their mentors are really profitable because after the mentorship they can't manage to be profitable.
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taufik123
Legendary
Offline
Activity: 2632
Merit: 1806
Rollbit.com | Crypto Futures
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December 19, 2023, 11:41:04 PM |
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To become successful in trading doesn't mean you should spend a lot of time. There are traders who spent less than but can manage to be profitable. In my opinion, personalities and attitude is one of the key to succeed in trading. One of the best quality we need in trading is patience and discipline, if we don't have this then there's no good strategy. That's why some traders wondering if their mentors are really profitable because after the mentorship they can't manage to be profitable.
mentors are just teachers who will direct how you trade. Success certainly depends on how well one learns trading and makes strategies that can be applied. Success is not how one makes a lot of trades or trades using large capital and profit. But how each strategy used is achieved and in accordance with what is expected. Using a small amount of funds only as a lesson, the important thing is that trading goals can be achieved. Patience and discipline will make trading run according to the rules that have been made so that no mistakes are too big.
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Dickiy
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December 19, 2023, 11:49:41 PM |
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But, no matter how difficult trading is, it can always be study and learned, so beginners have no reason to quit but to endure the difficulties in trading until one will find himself good enough to trade and combat losses. After all, mastery in trading do not just happen instantly, there's always a process that one should familiarize and mastered in the long run.
That is the main point that must be understood, there are those who succeed and not infrequently also fail, the question is if there are people who succeed well why do they have to fail? maybe one of the reasons that I would like to say is that those who fail are one of the people who are lazy to learn and do not want to struggle or even doubt themselves that they cannot be like other people who have succeeded because they feel that the journey of their involvement is too difficult. Basically everything, especially in achieving success, there will always be a process that we have to go through, and the other question is whether we really have a strong determination or not to achieve it, it is still unknown because only they know about how serious they are in achieving their success. All the best things will always be produced by experience, someone will succeed when they can get up from failure or downturn and there will be no success if there is no process of difficulty in achieving it, simply put there is nothing instant like you said.
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ancafe
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December 20, 2023, 01:25:19 AM |
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Trading as a beginner or as an experience traders might gives us different results like the possible outcome of your trade base on your vast knowledge about the craft, but we should not forget that the work we put in even when we are blowing different account defines us.
Experienced people are more able to adapt to the trading they do because they are used to dealing with it, while beginners have no experience so it will be quite difficult for them to adjust. Trading is not as easy as imagined because it requires knowledge, experience and mental preparedness to carry it out. In every business in life, knowledge about it and what it entails to succeed is always the key. Someone that has been learning trading for years and someone that just jumped into the market base on the fact that he believes that trading is a get rich quick scheme can never be the same in terms of execution and vast knowledge of how to navigate his or her ways in the market to come out profitable.
Doing business requires capital and business knowledge and for trading requires knowledge about trading and capital too. Expectations must match abilities and there is no such thing as a get-rich-quick scheme for anyone involved in trading because we never know the level of volatility of the coins we are trading. Unfortunately, people get caught up in what people show, even though those who are rich in trading also go through many initial processes before finding wealth in the trading they carry out.
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