Why do many people fail in trade?

[Kelvinid]

the number of people who fail in trading is the pattern of the person's way of thinking, thinking that by trading they can easily get money when they suffer they no longer want to trade, this impatience makes them fail, in trading requires patience if you can't do it, it's best not to do it.
in trading you will also suffer losses, let's just say that the payment for learning is much more reassuring

So true. It all depends on your mindset. Failure in trading is a matter of mindset and knowledge, a trader must feel complicated in trading even though he has been trading for years but still has to continue learning because learning is the basis of trading. because trading requires experience and strong psychology.

Trading requires technical analysis. Many traders fail, especially beginners, just following recommendations without knowing the reasons. So that they can become traders who are consistent in making profits, analysis is needed before buying crypto. Yes that's right. In the world of traders, no one is successful instantly, everyone needs a process, patience and continuous learning.

In general, they underestimate trading and feel like just knowing the basics is enough which the truth is that it is not. These traders are not totally ready for this and once face the market crisis, they change their mindset and quit. It often happens to first-timers and less experienced traders, their weak hands and emotional control trigger and decide to stop. But this is not new in trading and we already know that not all are able to understand the situation especially when we've been influenced by these social media influencers. It all turns bad and difficult if we continue with a lack of preparation.

[Fatunad]

Many people are clumsy in trading because they only think about profits, but after they suffer a loss they are traumatized so they don't want to try again, usually new people are interested in trading because they see people, and follow the crowd, without thinking long and without a strategy they go into trading without there is knowledge of just following the crowd

Exactly, I believe that most traders who have just come or I mean they are beginners come with the aim of making a profit, I understand that all traders have a goal to make a profit and that is natural but the problem is that most beginners come too focused on the profit opportunities so it is like ignoring the aspect of possible risks that exist in the world of trading that will actually continue to lurk them.

Lack of experience and knowledge is usually always the main problem for most newbies who just come and I think it is a fact that most beginners come because they see the benefits that are successfully obtained by others or one of their friends so that it becomes a motivation for them to jump in and get involved, but unfortunately they do not pay too much attention to the possible risks that exist in the world of trading which makes them come without doing a lot of consideration from various sides and without bringing careful preparation, especially in terms of risk management, and this of course makes them really have problems when it turns out that losses are far more dominant than profits, it is not uncommon for us to find some traders who end up with a lot of losses that can even stress them, so the point is very important to be rational in seeing everything because with this then you will understand that trading is not just about profit.

All of us did really come or reach into a point that you are really that aiming on making profits or money with trading on which it would really be your first personal approach towards things on which you are aiming or hoping for something specially with those profits but once you do face up such reality then you would really be able to tell that things is never been that easy and it would really be just that normal that you would be facing up those main challenges in trading or investing on which it is really that very normal. There are really just those people who are really that too optimistic about things and once they do face up the reality then this is where they would really be telling into themselves that it wasnt been easy in the first place.

Failing or mistakes or errors are really just that normal on the venture that you are dealing with. We cant be able to take grasps on trading on first try on which it would really be just that normal or really that been
a casual experience that you would really be able to meet up in the first hand on which we know that its something inevitable or something that cant be avoided.
This is why adjustments and able to adapt on certain conditions is a must.

[kawetsriyanto]

Many people Fail in trading due to lack of patience and Endurance. Trading from every perspective requires a lot of effort from learning the concept, mastering it and doing constant practice even if it is on demo account to master the skills with time .Many are into it to make quick profits and become rich quickly and that's the reason many people fail .To become a consistent and profitable trader one need a lot of knowledge ,practice and patience that's is the basics for anyone wanting to become a professional.

People can't be patience and they have weak mentality to survive, it is sometimes because they have poor knowledge. Knowledge has a very crucial role to determine the success in trading. People who have good knowledge and experience, must have a better mentality. They can be more patience and feel more confident in trading. That's because they know how to optimize the chance to get profits in trading. When people can earn good profits constantly, I believe they will last a long time in trading.

Demo account is needed to understand the basic thing about how to trade. But to increase the skills and experience, using demo account seems to be useless. We must have them from real trading, we must practice to trade with small amount of money. Don't target too high profits when we just begin, we must focus on getting the experience first.

[terrific]

The larger the funds used, the easier trading will be, because with a small target percentage we can already get a large fiat nominal value.

Technically that is right that the bigger funds you have, the easier you will be able to hit your target because if the percetange is just 5% or little, you can deal with it easily.

That way the level of risk is small and keeps your psychology healthy. Maybe the OP was wrong in what he said, if a novice trader is given large capital, it will be very risky, in addition to techniques that have not yet been mastered, have minimal experience and are still psychologically nstable.

Newbie traders shouldn't take larger funds when they trade because the chance that they're going to waste that is very high.

[sulendra12]

What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.

They think that trading is an easy money making scheme because they saw lot of posts about people making quick money through trading. Yet those traders didn't know what losses they have been through to actually get those results, it needs time and experience to actually know what is good to trade or not. You won't instantly get profit, trading is a marathon not a rice, your experience will be worth it.

[Sanitough]

People may fail in their trades but it won’t mean that they will keep on losing until the end. Trading can be learned most especially if you take most of your time learning trading, and it’s normal to see initial losses since you are still in the process of learning, what is not normal is that if you end up quitting without recovering your previous losses. That is not the mindset of a real trader, as trader never quits but will continue to master his craft until he’ll end up successful and profitable.

[ancafe]

People may fail in their trades but it won’t mean that they will keep on losing until the end. Trading can be learned most especially if you take most of your time learning trading, and it’s normal to see initial losses since you are still in the process of learning, what is not normal is that if you end up quitting without recovering your previous losses. That is not the mindset of a real trader, as trader never quits but will continue to master his craft until he’ll end up successful and profitable.

Almost many people lose when they first get to know trading and that is a common occurrence, but the problem is how they can be more responsible and experience can be a reference to continue to improve. The key is simple and when people want to continue learning then they will definitely be better prepared to recover some of their losses because basically trading cannot always provide profits and there are times when we will also experience losses even though our trading knowledge is much better.

When someone can handle risk then there is a way for them to recover initial losses and psychologically they can also be better prepared. Improving trading skills will actually be much faster when they can be directly involved and the most important thing is that they already know the basics of trading, so they don't carry out trading based on greed but with the right knowledge.

[Tomcolor]

I can give many explanations as to the reasons but the most prominent reason is lack of skills. If someone suddenly trades, he should realize that he is trading greedily after seeing the profits of others, which results in losses. So don't give up too soon in trading there are many mistakes that will teach you and among these lessons you can improve your skills. Trading with risk management should be done slowly and methodically so that you understand how to trade profitably.

[lalabotax]

In general, they underestimate trading and feel like just knowing the basics is enough which the truth is that it is not. These traders are not totally ready for this and once face the market crisis, they change their mindset and quit. It often happens to first-timers and less experienced traders, their weak hands and emotional control trigger and decide to stop. But this is not new in trading and we already know that not all are able to understand the situation especially when we've been influenced by these social media influencers. It all turns bad and difficult if we continue with a lack of preparation.

Indeed. especially with market conditions which are very volatile due to high fluctuations, panic is inevitable. Yes, mental and emotional control is also very influential when trading. And when we panic easily, this will really affect the results of our considerations. We have seen how traders, especially beginners, panic sell or buy without careful analysis first. This is not good because the market will continue like that and if we don't learn how to control our emotions and panic, well, it will be quite difficult for us to achieve success. especially if our knowledge and insight into trading is not that good. It's complete so that losses are easier to trade.

[Maslate]

People fail in trading because they are not capable to win. Not only because they don’t have what it takes to make a profitable trade, but they are also not well prepared enough to trade due to lack of knowledge and skills, and most probably they lack the trading experiences that will make them master their trading. However, some people fail in trading despite of their trading knowledge and experiences, but since they find it hard to control their emotions, and would always based their decision from their emotions, then this kind of people will never win from their trades.

[Stable090]

I see a lot of traders who fail in this field, because they do not have patience and consistency in learning, that they are successful traders who study for more than a year or even two years so that they can have the ability to analyze the market and can have their own methods in making profits from trading.

When you want to be a trader, then you have to keep on learning. If you can’t learn, then you will find it difficult to be a successful trader. Most people are just too lazy to learn, and that’s why they are finding it difficult to make a profit in trading. Lots of people trading right now, most especially newbies, are doing it just because of the money in it. That’s why, if you notice, they don’t want to learn how to do analysis themselves, most of them are just looking for signal groups to follow, which is why they end up failing.

Many who have just learned one month to one semester they give up and no longer want to trade, please note that naturally fruitful trees are trees that grow with a long period of time so that they can bear heavy fruit and can provide benefits for both the owner or others.

Trading is not something you should learn for a specific period of time. When you want to learn how to trade, we should do it until we truly understand it. We all have different assimilation patterns, and we shouldn’t compare ourselves with others. Also, after learning about trading, you have to keep on updating your strategy because you can’t use a strategy forever, so you have to keep on learning, even after knowing the basics of trading.

[freedomgo]

the number of people who fail in trading is the pattern of the person's way of thinking, thinking that by trading they can easily get money when they suffer they no longer want to trade, this impatience makes them fail, in trading requires patience if you can't do it, it's best not to do it.
in trading you will also suffer losses, let's just say that the payment for learning is much more reassuring

People tend to easily believe that trading itself will find a way, and believe that it’s a get rich quick activity that even if they are knowledgeable or experienced enough, they will still be profitable. However, that is not true in trading. If you don’t have what it takes to be a successful trader, you will never get the profits you desire. Being a profitable trader relies much on being patient, if you don’t have that good amount of patience, you will never be good enough in trading, and you will never conquer those inevitable losses when trading.

[Sorryfor]

Every few things that you have said in terms of trading makes sense. First of all you said successful traders spend years acquiring knowledge first and then start trading. Whatever it is that we want to achieve, it is of utmost importance that we first know the details of the subject and also be in touch with skilled people. So you must know about this before trading. Secondly here you must analyze well. You may not be profitable the first time you trade but if you are patient and stick with it, you will have the skills to make a big profit from it in the future. I also think it is important to wait for the right time to trade. And it is equally important to analyze the cryptocurrency market well.

[Humblevirus]

I see a lot of traders who fail in this field, because they do not have patience and consistency in learning, that they are successful traders who study for more than a year or even two years so that they can have the ability to analyze the market and can have their own methods in making profits from trading.

In order to become a successful trader, individuals must possess unwavering determination, as trading demands a constant influx of knowledge and diligent research. It's not sufficient for someone to merely rely on their intuition or assumptions when engaging in trading activities. To excel in this field, one must prioritize ongoing learning and skill development. Without a solid understanding of trading principles and a commitment to continuous learning, individuals are bound to face losses. Trading is a complex endeavor that necessitates thorough preparation and ongoing effort to thrive and avoid pitfalls.

Many who have just learned one month to one semester they give up and no longer want to trade, please note that naturally fruitful trees are trees that grow with a long period of time so that they can bear heavy fruit and can provide benefits for both the owner or others.

it's true that seeing the benefits of one's efforts takes time, so patience is crucial in trading. However, trading carries significant risks, and if someone chooses to stop trading, I wouldn't blame them. In reality, I can't actively advocate for trading, yet I also won't dissuade anyone from pursuing it. It's important to weigh the potential rewards against the risks and make informed decisions. Each individual's circumstances and risk tolerance vary, so it's essential to approach trading with caution and awareness.

[$weetne$$]

People fail in trading because they are not capable to win. Not only because they don’t have what it takes to make a profitable trade, but they are also not well prepared enough to trade due to lack of knowledge and skills, and most probably they lack the trading experiences that will make them master their trading. However, some people fail in trading despite of their trading knowledge and experiences, but since they find it hard to control their emotions, and would always based their decision from their emotions, then this kind of people will never win from their trades.

I'll agree with you more that people fail because they can't control their emotions, some people get too excited when they want to trade and the excitement will cause them to make a wrong call. They'll fail when trading not because they don't know how to trade but because they can't control their emotions. Some traders are falling because they don't time the market perfectly. Just knowing how to trade isn't enough to become successful when trading but you also have to know the perfect time to enter the market. You shouldn't put a sell order when there's a news that's giving Bitcoin or any other cryptocurrency that you're trading a good publicity and also when the publicity is bad you shouldn't be buying that coin or you'll lose from the price of the coin falling.

[Peanutswar]

It is normal to fail in trading we know how the market of crypto is so volatile which is there's price manipulation or also could be news related to the particular coins release, or any big events comes up to the active traders, after this mistake you can set another position but its not the same as it is because its another trade not all the time you've been trading are still ideal to trade, people most likely deceive with their perspective and emotions instead cutting it off and make a reset trade. Control your emotions stick to the plan most of the key to success in trading.

[doomloop]

People may fail in their trades but it won’t mean that they will keep on losing until the end. Trading can be learned most especially if you take most of your time learning trading, and it’s normal to see initial losses since you are still in the process of learning, what is not normal is that if you end up quitting without recovering your previous losses. That is not the mindset of a real trader, as trader never quits but will continue to master his craft until he’ll end up successful and profitable.

It's true but only some traders understand this and those traders are the ones who have started trading with a clear mindset that they will learn it from top to bottom so that they can earn constant profits from it. Some traders, especially new ones, would start trading with a different mindset and approach, thinking they will get a lot of profit in a short period which makes them make quick and reckless trades by following signals and suggestions from here and there without doing any research or understanding the market.

Such are the people that when failed will stop trading immediately blaming and abusing the market as well as the people that have provided them signals and suggestions without thinking that it was their mistake and they need to blame themselves.

[EarnOnVictor]

the number of people who fail in trading is the pattern of the person's way of thinking, thinking that by trading they can easily get money when they suffer they no longer want to trade, this impatience makes them fail, in trading requires patience if you can't do it, it's best not to do it.
in trading you will also suffer losses, let's just say that the payment for learning is much more reassuring

So true. It all depends on your mindset. Failure in trading is a matter of mindset and knowledge, a trader must feel complicated in trading even though he has been trading for years but still has to continue learning because learning is the basis of trading. because trading requires experience and strong psychology.

Trading requires technical analysis. Many traders fail, especially beginners, just following recommendations without knowing the reasons. So that they can become traders who are consistent in making profits, analysis is needed before buying crypto. Yes that's right. In the world of traders, no one is successful instantly, everyone needs a process, patience and continuous learning.

In general, they underestimate trading and feel like just knowing the basics is enough which the truth is that it is not. These traders are not totally ready for this and once face the market crisis, they change their mindset and quit. It often happens to first-timers and less experienced traders, their weak hands and emotional control trigger and decide to stop. But this is not new in trading and we already know that not all are able to understand the situation especially when we've been influenced by these social media influencers. It all turns bad and difficult if we continue with a lack of preparation.

I don't just believe what you are saying, because if trading is as easy as you think, too many traders would have been making their millions from it now. Is that the reality? Of course, not. Trading is not easy, and no matter how most people try it, they will always lose and continue to waste their money if they repeat the process. Many would learn from now till a decade and still will not make a success from trading. Are you now telling me that all of them didn't make the right efforts? That's not so. Owning to this, it is not fair to say that they fail because they believe they can make money through gambling. I have a lot of people who had tried trading for over 5 years but later quit after many learning and applications in trading.

Failure in trading depends on many factors, and laziness or easy belief are just a few of those factors, we shouldn't always capitalise on them. Trading is so risky, it needs all of you, and if you can't give it, then you will fail. Needless to say, if you give trading all of you does not still mean you will be successful through it. Many traders who gained this month may fail next month, but if they have all it takes to be stable with their management, they may be able to overcome it. However many will not be able to achieve this due to their natural psychology, and no matter how much they train themselves on this, they will still fail. I've lived in the trading environment for too long years to know this, and I've tutored enough people also, so it's not always their fault to fail even after they tried all they could.

Are you a successful trader since you believe only lazy people can fail in trading?

[Julien_Olynpic]

First of all, people simply do not have a specific strategy. Or the strategy is there, but the trader changes it too often. As one great chess player said, frequent changes in strategy are equivalent to no strategy at all. He also added that with the same strategy, tactics can often be changed. I often communicate with people without trading experience. One day I met with my cousin who wanted to know some secrets of trading and what he was doing wrong. When I asked if he had a strategy, he gave a negative answer. I would also understand if he tested different strategies and none of these strategies suited him. But he simply had no strategies. This is the same as if we opened positions at random, randomly.

[pusaka]

First of all, people simply do not have a specific strategy. Or the strategy is there, but the trader changes it too often. As one great chess player said, frequent changes in strategy are equivalent to no strategy at all. He also added that with the same strategy, tactics can often be changed. I often communicate with people without trading experience. One day I met with my cousin who wanted to know some secrets of trading and what he was doing wrong. When I asked if he had a strategy, he gave a negative answer. I would also understand if he tested different strategies and none of these strategies suited him. But he simply had no strategies. This is the same as if we opened positions at random, randomly.

Strategy is one of the things that a trader must have, it could be one they develop themselves or copy someone else's strategy for them to apply in the trades they make, with some modifications. But indeed we cannot have many strategies because it will eventually make us confused and it is possible that in some of the strategies there will be something that makes the decision will be different, obviously it will be confusing. Whereas when we develop one strategy we will be able to make our strategy even better, every trade we make there will be something we can improve from what was wrong that made us lose. But it is not that easy to develop or follow a strategy, it will take a long time to make us really understand.