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Author Topic: Trading is hard!!!  (Read 1352 times)
Rengga Jati
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December 14, 2023, 09:35:40 PM
 #61

It's funny how people see trading as a Ponzi or get rich scheme. They end up losing there hard earned money in the chase for more money.
It's also so funny how some wants to learn a life changing skill in two weeks or a month, meanwhile they spend 4-5 years studying an obsolete course.
Trading like any profitable venture takes time, perseverance and consistently developing and sharpening your skill to be profitable.
In trading you'll fail a thousand times but it's your ability to pick yourself that differentiate you from the lot. Pay for knowledge to shorten your learning time,else you'll learn and you'll learn the hard way.
Develop yourself, pay for knowledge,give time to your craft,pick yourself up any time you fail.
The sky will be your starting point 🕊️❤️
These assumptions occur because as beginners, they only see the success of traders. But unfortunately, they don't see how traders do it until they are successful. In this case, it very often happens that beginners think trading is an easy way to get rich instantly.

Even though as you said, trasing is hard and difficult. We need to go through various processes which are not easy. We also have to have good knowledge about trading before starting. And our mindset about trading must be straightened out first.

R


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December 14, 2023, 09:49:42 PM
 #62

In addition a lot of newbies in trading are mostly carried away by some Photoshop profits of some deceptive traders who painted trading as a easy venture of earning quick money thus many newbies also embark on trading with just basic knowledge and idea with the mindset of earning huge profit as soon as possible thereby defying every detail about trading unfortunately ended up losing their hard money, trading is hard mostly as a beginner however with time and effort dedicated  towards learning trading would yield a positive only if the learning process took a lot of studying time.

This is just the sad reality. Most of these newbies started trading with the get-rich-quick mentality. Most of these self acclaimed mentors who post videos on YouTube and other social media platforms will only show people the good and interesting sides of trading just to gather traffic on their pages and get people they'll mentor and extort money from. Trading just like any other type of skill that requires commitment, dedication, and mastering of the skill which can only be achieved through consistent learn.

Many people who started trading could not continue because what they finally saw while trading was not what they expected before they joined the trading system. Many made huge losses because they had no clue when to sell, buy or hold. Trading is really not common as they thought therefore one must really put enough efforts to achieve results.

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December 14, 2023, 09:52:27 PM
 #63

Trading is really hard if you think of it. It needs great mathematical analysis, and of course learning experience and skills. Without them, trading might be a big challenge for you. However, trading can be learned overtime. Just don't fall on your greed, so you won't be making it harder to trade successfully and become profitable in the future.

Trading pushes you to lose a lot than to be profitable. But this is how trading is made, learning from your losses so you will be a reputable trader one of these days.

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December 14, 2023, 11:48:54 PM
 #64

Trading pushes you to lose a lot than to be profitable. But this is how trading is made, learning from your losses so you will be a reputable trader one of these days.
If someone trades and he's just losing than being profitable, there goes what you need to realize and that is to stop trading.

You should just chosen the path of holding than trading because that is common that we lose more in trading but in holding, you just have to bear what's with the market and hold while buying more.

That's an easy strategy that many don't seem to realize.



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December 15, 2023, 01:16:50 AM
 #65

Trading is really hard if you think of it. It needs great mathematical analysis, and of course learning experience and skills. Without them, trading might be a big challenge for you. However, trading can be learned overtime. Just don't fall on your greed, so you won't be making it harder to trade successfully and become profitable in the future.

Trading pushes you to lose a lot than to be profitable. But this is how trading is made, learning from your losses so you will be a reputable trader one of these days.

except some people might not just cut it to be a trader, as I've observed the one thing that can determine whether we are a good trader or not is simply emotion control regardless of mathematics capability it only require minimum capability of math and we're set, everyone uses calculators nowaday moreover chatgpt that could help a ton in determine whether our taking profit is actually profitable meanwhile often time its emotion that causes loss, like cutting lose when we are at the slightest of price drop, that alone is already such a disadvantage for many people added with the fact that some people are also easily getting fomo'd into buying some coin thats already high, in my opinion, speaking from my experience, trading is best to do when we are not in hurry.
if the market already high, just wait it out, if the market is dropping so hard, be prepared to invest thats it and you will get massive profits from it not relying on micro margin to make some profit.

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December 15, 2023, 02:00:37 AM
 #66

Trading is really hard if you think of it. It needs great mathematical analysis, and of course learning experience and skills. Without them, trading might be a big challenge for you. However, trading can be learned overtime. Just don't fall on your greed, so you won't be making it harder to trade successfully and become profitable in the future.

Trading pushes you to lose a lot than to be profitable. But this is how trading is made, learning from your losses so you will be a reputable trader one of these days.

(.....)
if the market already high, just wait it out, if the market is dropping so hard, be prepared to invest thats it and you will get massive profits from it not relying on micro margin to make some profit.
Yeah, the is is easy to say but difficult to execute. Trading is really hard, new people entering in trading market must be prepared, and expect the unexpected. They must not expect the things that they see on social media or some personalities just making them hype, everything is different once you already in the market.

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December 15, 2023, 03:17:51 AM
 #67

In addition a lot of newbies in trading are mostly carried away by some Photoshop profits of some deceptive traders who painted trading as a easy venture of earning quick money thus many newbies also embark on trading with just basic knowledge and idea with the mindset of earning huge profit as soon as possible thereby defying every detail about trading unfortunately ended up losing their hard money, trading is hard mostly as a beginner however with time and effort dedicated  towards learning trading would yield a positive only if the learning process took a lot of studying time.

This is just the sad reality. Most of these newbies started trading with the get-rich-quick mentality. Most of these self acclaimed mentors who post videos on YouTube and other social media platforms will only show people the good and interesting sides of trading just to gather traffic on their pages and get people they'll mentor and extort money from. Trading just like any other type of skill that requires commitment, dedication, and mastering of the skill which can only be achieved through consistent learn.

Many people who started trading could not continue because what they finally saw while trading was not what they expected before they joined the trading system. Many made huge losses because they had no clue when to sell, buy or hold. Trading is really not common as they thought therefore one must really put enough efforts to achieve results.

We can't do anything about such stubborn people who think that it is easy to make a profit here in crypto trading. Maybe people like them will never disappear.

The hype always tells the newbies that it's easy to get profit here in crypto trading, which is not really that easy; rather, it's hard to learn and really understand. This requires a strong level of determination, willingness, and other positive habits or characteristics of a trader.



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Rainbot
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December 15, 2023, 06:04:27 AM
 #68

Yes, crypto trading is very hard but if you follow the rules and regulations that governed the trading and you endure in your trading through out, you will definitely get it right by making income from your crypto trading in the market. The reason why you see some crypto traders finding it difficult to understand crypto trading is because they don't want to exercise patience whenever the bearish season is on ground than to trade at the moment to experience loses that will make them fail. If you can take your time to carry out your personal research to know some key points of potential crypto traders are using in making income, I think crypto trading will be easy for you to achieve what you want in the market.

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December 15, 2023, 06:18:24 AM
 #69

Yes, crypto trading is very hard but if you follow the rules and regulations that governed the trading and you endure in your trading through out, you will definitely get it right by making income from your crypto trading in the market. The reason why you see some crypto traders finding it difficult to understand crypto trading is because they don't want to exercise patience whenever the bearish season is on ground than to trade at the moment to experience loses that will make them fail. If you can take your time to carry out your personal research to know some key points of potential crypto traders are using in making income, I think crypto trading will be easy for you to achieve what you want in the market.

Unpopular opinion here: I don't think crypto trading is so hard; it is more about how lucky you are. Let me explain:

If you are unlucky and you enter the market during a FOMO, no matter how expert you are in TA: you'll lose money when the bear market comes and everything starts going down sharply. On the contrary, those who enter in the beginning of a bull market must do it really bad not to get some profits when everything is on the rise.

There is a risk implied and it is that the ones who enter in the right timing and get high benefits can fall into the delusion of thinking that it was because of their analytical skills, when any monkey with a crossbow would've done that well or even better.

Sorry, I'm skeptic about TA, I think it is evident.

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December 15, 2023, 07:29:02 AM
 #70

In trading you'll fail a thousand times but it's your ability to pick yourself that differentiate you from the lot. Pay for knowledge to shorten your learning time,else you'll learn and you'll learn the hard way.
It's not bad to fail because that's how we'll learn. Experience can give us a valuable lesson that we can use to our trading journey. It is hard if you're going to pressure yourself. But if you take time and exert an effort learning to understand what trader must be aware of first, then this can give you an idea to maximize your chance to profit in trading.

However, though anyone can try to be a trader, sometimes it's not suited to all. But you will never know unless you try so it's worth giving it a shot and see if this is a way for you to profit.

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December 15, 2023, 07:46:35 AM
 #71

Trading is not an easy thing. Because to be successful in your field you need a very high learning ethic and work ethic. Because trading has challenges and risks. So don't take trading lightly. Maybe if you look at a glance at other people's success it looks very easy. But if we come down directly, that's where we will understand. Trading is not an easy thing.
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December 15, 2023, 08:45:38 AM
 #72

Trading is not easy to earn money. It is very difficult to know it properly. I knew it from 2017 and I am still learning.  If you see the people invest it and he/she knows it only from 1 month or two months, then he/she will danger to lose their money. I believe that you should learn more and get more knowledge and after that you invest in it.

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December 15, 2023, 09:08:45 AM
 #73

Many individuals think trading is a quick way to get rich due to the thing they see on the internet of traders spending extravagantly but not all those money are gotten form trading but since there's no investigation to the source of their wealth many individual watching them believe they make all the money firm trading but that's not true. There's money in trading but it doesn't happen as fast as others individual are making it to look like, trading.eeds time to give results.

I keep saying this.
Many people are deceived by what they see online without knowing what those people really do. First of all, there's no point rushing into a field that you don't know simply because you see people making money from it.
If you like a particular field, that should push you to learn about the field research it, and start learning how to do it.
People feel it's just all about buying and selling crypto and making a profit off the sales. It's more than that.

People get easily deceived and it's a problem. They see a person living extravagantly online and they just believe he is who he said he is and they wish to be like him. They can't ask questions before making those decisions.

R


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December 15, 2023, 09:10:26 AM
 #74

Trading is very hard even for those who know how to do technical analysis because technical analysis does not always work 100%.  Technical analysis is only a probabilistic estimate it is not a guaranteed forecast. But those who know how to do technical analysis have less loss and those who know it have more loss so no one can avoid loss in trading because of this it can be said that trading is really hard.
Everyone without exception cannot avoid losses, it will definitely happen in some trading moments. but the important thing here is about the profit and loss ratio, maintaining a more profit ratio will help traders get quite good profits. analysis will not help 100% but this will be a guide to where you need to go.
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December 15, 2023, 09:38:27 AM
 #75

These assumptions occur because as beginners, they only see the success of traders. But unfortunately, they don't see how traders do it until they are successful. In this case, it very often happens that beginners think trading is an easy way to get rich instantly.

I would say the beginners often see trading as an easy way to become rich because they close their eyes on how a trader deals with losses and misfortune. They think of trading as mostly win-win situation, but winning only never teaches you anything. Losses are necessary to draw conclusions, based on which you could become better and more successful.

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December 15, 2023, 10:13:54 AM
 #76

It's funny how people see trading as a Ponzi or get rich scheme. They end up losing there hard earned money in the chase for more money.
It's also so funny how some wants to learn a life changing skill in two weeks or a month, meanwhile they spend 4-5 years studying an obsolete course.
One of the Challenge most people do have with trading is that they do not want to take their time and learn it very well as to get the knowledge that will help them in the market,  instead they want trading to give them as much profit as they want, and it is so unfortunate that trading is not like how people take for. Tradingis all about learning to get knowledge to avoid terrible mistakes that can lead to big loss.  It is better to spend much time in trading than rushing which it will result to nothing at the end.  Trading is not what you learn in a day and expect to get much profit from trading.

R


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December 15, 2023, 10:22:55 AM
Merited by fillippone (1)
 #77

The only person that can picture trading as a Ponzi or get rich quick scheme is someone who doesn't have a proper knowledge about cryptocurrency. Out there, a good number of people do not have concrete knowledge about Bitcoin, crypto, not even trading, they probably heard some misinformation from another inexperienced users and therefore get convinced by the small information they have got from that person. Trading is not very easy even from the start to when you become more experienced, although it also depends on the kind of trader the person is, some persons are leveraging while some are only spot traders and based on my own experience, spot trading is less of a risk compared to leveraging.
They tend to confuse the whole thing and sometimes you can't blame them, I mean they must have come across trading expert claiming that its easy to actually trade and have profits without probably telling that trading is something that's need years of experience and not something that you can lots of cash from. Sometimes it's human greed that causes someone to feel that they can earn much with very little effort.

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December 15, 2023, 12:01:13 PM
Merited by fillippone (1)
 #78

It's funny how people see trading as a Ponzi or get rich scheme.
They are trapped in thinking like that because when they first entered into trading, especially crypto trading, it was due to false information, such as when they received an invitation from a friend who only focused on telling them news about people getting rich quickly by buying shitcoins, so they thought that was real crypto trading.

Pay for knowledge to shorten your learning time,else you'll learn and you'll learn the hard way.
Paying for a course to quickly increase your knowledge of trading skills is a good thing and having the courage to do it directly will prove whether your skills are deep enough or not so you can decide to raise capital because you already know every risk of trading.

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..PLAY NOW..
traderethereum
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December 15, 2023, 12:06:18 PM
 #79

The only person that can picture trading as a Ponzi or get rich quick scheme is someone who doesn't have a proper knowledge about cryptocurrency. Out there, a good number of people do not have concrete knowledge about Bitcoin, crypto, not even trading, they probably heard some misinformation from another inexperienced users and therefore get convinced by the small information they have got from that person. Trading is not very easy even from the start to when you become more experienced, although it also depends on the kind of trader the person is, some persons are leveraging while some are only spot traders and based on my own experience, spot trading is less of a risk compared to leveraging.
They tend to confuse the whole thing and sometimes you can't blame them, I mean they must have come across trading expert claiming that its easy to actually trade and have profits without probably telling that trading is something that's need years of experience and not something that you can lots of cash from. Sometimes it's human greed that causes someone to feel that they can earn much with very little effort.
Yes, they don't want to learn trading before they start and tend to look for people who can provide trading signals for them.
They will not be able to trade well because they are just waiting for trading signals from other people, which will not always work well, especially as market conditions are always changing.
But if they are willing to learn to trade little by little, they will have trading skills and be able to analyze market conditions to know when to enter and exit the market.
And it is true that when they have made a profit, people tend to become greedy and want even bigger profits even though market conditions do not always improve.
dunfida
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December 15, 2023, 12:41:59 PM
 #80

The only person that can picture trading as a Ponzi or get rich quick scheme is someone who doesn't have a proper knowledge about cryptocurrency. Out there, a good number of people do not have concrete knowledge about Bitcoin, crypto, not even trading, they probably heard some misinformation from another inexperienced users and therefore get convinced by the small information they have got from that person. Trading is not very easy even from the start to when you become more experienced, although it also depends on the kind of trader the person is, some persons are leveraging while some are only spot traders and based on my own experience, spot trading is less of a risk compared to leveraging.
They tend to confuse the whole thing and sometimes you can't blame them, I mean they must have come across trading expert claiming that its easy to actually trade and have profits without probably telling that trading is something that's need years of experience and not something that you can lots of cash from. Sometimes it's human greed that causes someone to feel that they can earn much with very little effort.
Yes, they don't want to learn trading before they start and tend to look for people who can provide trading signals for them.
They will not be able to trade well because they are just waiting for trading signals from other people, which will not always work well, especially as market conditions are always changing.
But if they are willing to learn to trade little by little, they will have trading skills and be able to analyze market conditions to know when to enter and exit the market.
And it is true that when they have made a profit, people tend to become greedy and want even bigger profits even though market conditions do not always improve.
When we are really just starting up then it would really be just that normal that we do really love to take shortcuts. We dont really like on hassling ourselves on trying out to make trades on our own or simply we dont really like hassle things and this is why we do really opt for this kind of thing on which you would really be that making yourself considering with these options. We're not saying it is bad but we cant really be able to deny that it is never been that recommended. Nothing beats out if you would really be that trading on your manually on which you would really be able to learnt up skills on which it would really be something that will be useful for you.
There's no way that you could really be able to make yourself not to learn up if you are really just that putting up that enough time and effort because we know that not everyone would really be having that kind of mindset and not everyone would really be that having the dedication on learning up trading.

Trading is hard and not really that simple but once you do able to get or obtain this kind of skills then this its really something that you could really be having forever.
There's no one could take it from you and you do know on how to handle yourself on whatever market you are dealing with since you do able to acquire those skills but somewhat
you should be still thinking about those probabilities of losing since not all would really be pertaining about permanent profits.

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