Unknown fact our profitable colleagues won't tell us

[Strongkored]

Business is about profit and loss.  No matter how skilled one is in trading, one has a history of losses.  However, if the experienced loses, they try to increase it at a double rate.  There are some tips that not all traders share with Karo.  Everyone faces loss but it is interesting to see how much he can take the loss.  Each person's skill level is different.  Of course, not everyone will share all the tricks with everyone.

Traders who don't share their tricks with other people understand that it could be interpreted as wrong information, because if they only share their profits it will make people think they are successful in their trading even though it is impossible that they never lose in their trading, so traders who want to share their tricks must also informs that it is not a guarantee of profit, there is even a chance of loss because the market can change in an instant due to the influence of events that occur in crypto if you trade in crypto.

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[Awaklara]

Business is about profit and loss.  No matter how skilled one is in trading, one has a history of losses.  However, if the experienced loses, they try to increase it at a double rate.  There are some tips that not all traders share with Karo.  Everyone faces loss but it is interesting to see how much he can take the loss.  Each person's skill level is different.  Of course, not everyone will share all the tricks with everyone.

Traders who don't share their tricks with other people understand that it could be interpreted as wrong information, because if they only share their profits it will make people think they are successful in their trading even though it is impossible that they never lose in their trading, so traders who want to share their tricks must also informs that it is not a guarantee of profit, there is even a chance of loss because the market can change in an instant due to the influence of events that occur in crypto if you trade in crypto.

Yes, that's a mistake that happens a lot nowadays. someone shares success in trading and attracts others to learn to trade. they only learn about how to trade without telling them the risks of trading that can make us lose.
So it's not surprising to see beginners lose in trading and judge crypto trading to be gambling or fraud. it's all because of their ignorance.

[bitLeap]

And even if they share the trick, it is not certain that the person they share it with will be able to apply it properly and correctly which can bring profit, because usually traders develop their own strategies according to their abilities and not everyone fits the strategy, so it is recommended for a trader to have his own pattern that will make it easier for them to trade.
I agree, that in business, trading and so on related to money, then the choice is two, profit and loss. We cannot say profit and profit, and loss and loss, because those two words will always go side by side.
Everyone must want to always be profitable, yes I admit it. But the problem is that it's something that we've actually realized that there's no way we're always going to make a profit.

Everyone should actually have tricks that are peculiar to them, this strategies are as a result of their personal experiences as traders and the amount of capital available to them. Some strategies do not work for low capital investors. With these strategies,  they will be able to map out their trading plans. What we should know is that what will work for Mr A might not work for Mr B.

Traders make this mistake of focusing so much on making profits. Yea we know that making profits at the end of our trades is the goal, but if we focus so much on how to make profits, we might start making decisions out of greed and deviate totally from our well structured trading plan to the other influenced by greed. Just like every other business,  it's either you make profits or you make losses, we have to bear this in mind that it's not profit profit all the time .

Yes, that's why I said the same strategy might get different results if 2 different people use it. We can't always see that a strategy that works well for someone else will have the same results if we use it.
You're right, when we only focus on profit, then eventually we will be ruled by greed, and the decision making we do is no longer based on knowledge but it will be based on greed. And we already know that when we are controlled by greed, we will get something harmful to us, and in the end we will regret it.
Basic things like this must be understood by a trader, do not forget anything, because it will have a bad impact.

[AicecreaME]

When you take only such trades, even though you lose 60% of your trades, you will still be profitable.

Correct me if I'm wrong but how come you're still profitable if the 60% of your trade is a lose streaks? this is so confusing.

What you've been stated is all the obvious, of course you're going to need quality trades using your experiences in trading in order to make profits, without it, I doubt that you're going to be profitable in your trading journey. Trading is all about skills and knowledge in order to be a successful trader.

[tygeade]

When you take only such trades, even though you lose 60% of your trades, you will still be profitable.

Correct me if I'm wrong but how come you're still profitable if the 60% of your trade is a lose streaks? this is so confusing.

What you've been stated is all the obvious, of course you're going to need quality trades using your experiences in trading in order to make profits, without it, I doubt that you're going to be profitable in your trading journey. Trading is all about skills and knowledge in order to be a successful trader.

You could lose 100 dollars 6 times in a row, and make 1000 dollars once and that means you are in profit? Is it like something like that? I am not really sure I do not know what OP was talking about. All in all the profits are not easy and easy at the same time, it could be easy on a bull period when the prices go up, and it is not easy when things are going down, unless you are shorting.

I have a lot of friends who made money in the last 10 days, and a lot of friends who lost money in the last 10 days. And they are not like bad vs good traders, these are all great traders, it just happens at times and we need to forget about our losses and not chase them and keep attacking what we know how to do, that would work.

[AnonBitCoiner]

For those who are experts in trading, there is no guarantee that they will not experience losses from their trading, but they will be able to reduce the risk of losses that they will experience in trading because they already have experience in the trading they do.
You are right, everyone will certainly experience losses in trading, but not everyone can recover from the losses they experience and also not everyone will share how they work with other people for the various reasons they give.

In trading everybody will experience loss at any stage of life no matter he is an expert or not but traders cannot become perfect as market is not stable. Although it can be true that experts and experienced traders will overcome mistakes whereas newbies will face great troubles and their loss will be more than an expert traders.

The main difference here is that expert if loss one time then his loss is lower and win are more so it cannot effects his profit but a newbies who did not have learned anything will loss again and again so in such conditions his win percentage will be lower which will badly effect his financial status.

[Silberman]

For those who are experts in trading, there is no guarantee that they will not experience losses from their trading, but they will be able to reduce the risk of losses that they will experience in trading because they already have experience in the trading they do.
You are right, everyone will certainly experience losses in trading, but not everyone can recover from the losses they experience and also not everyone will share how they work with other people for the various reasons they give.

In trading everybody will experience loss at any stage of life no matter he is an expert or not but traders cannot become perfect as market is not stable. Although it can be true that experts and experienced traders will overcome mistakes whereas newbies will face great troubles and their loss will be more than an expert traders.

The main difference here is that expert if loss one time then his loss is lower and win are more so it cannot effects his profit but a newbies who did not have learned anything will loss again and again so in such conditions his win percentage will be lower which will badly effect his financial status.

Expert traders can lose a trade like anyone else, the difference is that they will minimize the number and the size of the mistakes they make, this way when they lose it will not be a big deal and they will know they can still profit from the trades that turn on their favor, but a bad trader not only will make a lot of big mistakes, which is bad enough already, but they will not learn from them, so the next time they are in the same situation they will make the same mistake, making impossible for them to obtain profits with the remaining successful trades they make.