Why do many people fail in trade?

[Uhwuchukwu53]

The most critical area of any market is trading, it requires allot of knowledge, good analytical method, and conquering the power of risk. I love trading but don't dive in because of some factors if not acquiring the required knowledge. One thing I see in many who go into trading with poor knowledge is failure and losses, orientation to trading is one of the most key one must put in place.poor orientation if quick rich why trading always trigger failure, I can't say that trading can't make rich but it depends on the level of knowledge, skills and tactical measure applied by trader through diversity of experiences gather in the past and present, no newbie with poor knowledge can succeed with acquiring experience.

[1715682479]

1715682479

[1715682479]

1715682479

[$weetne$$]

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.

There's manipulation in the market, but if you're very careful you won't be always affected when the manipulation happens and the price of the cryptocurrency that we're trading begins to fall. You can use stop loss to prevent big losses but many traders don't trade with stop loss and this cause them to fail by losing when the market gets manipulated. Manipulation is a part of the cryptocurrency market and as smart traders, we have to be prepared for it when it happens. Also take profits when you see profits from your trade, don't wait for big profits before you take profits as manipulation can happen and the price of the cryptocurrency that you're trading starts to fall. If you're a trader, you have to know that you'll fail at some point therefore when it happens you should pick yourself up and continue trading.

[Inwestour]

Learning and improving skills and knowledge is the main thing to become a successful trader. I'm not sure what I want to add for consideration for other traders who are on the verge of giving up, but the two things I mentioned above are the most influential.

In my oppinion, not all traders will be successful, some of them will also fail. In all types of work, this is a consequence and not all of us will succeed together. The strategy may be the same, but the results will definitely be different. I don't care what other people experience as long as they don't ask about it, it's their problem and we're not responsible for fixing it.

With work, everything is not so critical, you will receive a salary in any case, maybe not everyone will move up the career ladder, but everyone will make a profit. But in trading everything is different, the success of a trader will depend only on the trader and there is no guarantee that he will make a profit, there may even be losses, so this is a completely different type of activity. But in trading you can achieve significantly greater profits than can be achieved at work, and if a trader is so good that he has a constant profit, then he will never change trading for work.

[Miles2006]

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.

In aspect of quitting it's best to quit than experiencing great loss cause anyone who is not willing to learn during the early stage will not develop any interest to learn as time goes on.
What's the point skipping the learning process and having the mindset of earning profit, very funny and it doesn't work that way neither should any newbie think of such, even with the learning process earning takes time that's why it's advisable every trader must control their emotions in all aspect including loss due to the price. If newbies have this mindset of trade and getting rich quick it'll be dramatic and they might end up quitting so quick.

[moneystery]

most people who trade for the first time think that they can double their money using their messy analysis and very little knowledge. so that when they enter the market using real money, they immediately lose, because their expectations do not match the reality of a market that is so dynamic. and once they have a bitter experience in the market, they will think that trading is like gambling and it will just be a waste of their time.

that's why before trading it is important to build knowledge and understand first how the world of trading works, so you can minimize the possibility of failure and just wasting money in the market.

[R100K-Martin-Lunger]

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.
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.

Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.

Focus, be consistent, learn from your mistakes and think that building an empire takes time.

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.

I would approach trading as a long-term skill development process, where setbacks are growth opportunities. One thing to remember is that every successful trader once faced challenges but persisted through continuous learning and strategic adjustments. However, it's a fact that trading is difficult. If you want to invest but don't have that much time to learn, there are options, such as investment funds. These funds allow you to leverage the expertise of seasoned traders while mitigating risks. However, I would exercise caution though and conduct thorough research to avoid scams. Make sure you invest in reputable funds that align with your risk tolerance and financial goals.

If you would like to discuss this further, you can contact me via my Discord: https://discord.gg/dCvaBZWNcG

[Lukmanfirdaus1]

In my opinion, most people who trade lose because of the wrong mindset, they think they can make a lot of money overnight just by trading, so they do it blindly without proper risk management, in the end they suffer big losses. Apart from this, human nature is greedy, so they want to take as much as possible, what they don't know is that the market is very volatile, so when the market goes up instead of taking profits, they take screenshots lol.

[Casdinyard]

Because people are so blinded by the promise of earning huge amounts of money in the quickest time possible which makes them think that trading is an easy process when in reality, the amount of time it'd take for you to really become an effective a trader as anyone's at least 2-4 years by my estimate, and that not only includes actually applying practical knowledge but also learning every single little thing, past, present and the future about the trading landscape of the venture of your choice.

Most traders especially those who haven't been oriented to the trading industry would jump a couple of steps thinking it's all good and wouldn't do them any harm when in fact it could very well cause them all their bankroll. People so eager to earn money but so lazy to learn the methodical and surefire way to get there. And of course, we get the defeatists who would quit at the first sight of loss and would immediately blame bitcoin/the trading venture they invested time and money with, it's been like that for these early folks and it's not gonna change anytime soon. At least in my opinion. As time goes by however, these people wrongfully critical of trading will eventually learn the ropes and would become effective traders. Supposing the losses they incurred in the past as "charge to experience". provided that they keep with it. So while it sucks there's some silver lining to it at the end of the day.

[Xxmodded]

I think some trader fail in trading trough several aspect, some of them lack knowledge with cryptocurrency and don't know well when is the best time for selling and buying. But there are have many trader with well knowledge with cryptocurrency but most of them greedy when their portfolio investment assets have been increased up but keep hold it without take profit before going to lower price.
Emotional controlling is the most important aspect why many trader fail in trading, they can't controlling well with their emotion without prefer analyze before selling some coins.

If you want trade in cryptocurrency watch out with your emotional and have more patience controlling, you can't success in trading if emotional on the first way although you are an expert in cryptocurrency.

[boty]

In my opinion, most people who trade lose because of the wrong mindset, they think they can make a lot of money overnight just by trading, so they do it blindly without proper risk management, in the end they suffer big losses. Apart from this, human nature is greedy, so they want to take as much as possible, what they don't know is that the market is very volatile, so when the market goes up instead of taking profits, they take screenshots lol.

Without risk management, of course we will trade only based on our desires and also we don't know for sure whether what we did was right or not and after we did it and failed, we realized that what we did was wrong and we regret it.
Greed in trading is certainly a very bad thing because it is very unlikely that we will be able to gain profits from trading and experience losses and it is very important to be able to control ourselves when trading so as not to become greedy and miss out on the profits we have made.

[Cyber_warrior]

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.

Many people struggle with emotional regulation. Many traders are killed by greed, which is why they keep losing money in trading even with their knowledge and experience. Technical analysis and basic trading knowledge are vital to know as long as trading is an issue, even though they are what cause many traders to lose. To be successful in the market while trading, traders must be knowledgeable about every facet of trading.

most people who trade for the first time think that they can double their money using their messy analysis and very little knowledge. so that when they enter the market using real money, they immediately lose, because their expectations do not match the reality of a market that is so dynamic. and once they have a bitter experience in the market, they will think that trading is like gambling and it will just be a waste of their time.

that's why before trading it is important to build knowledge and understand first how the world of trading works, so you can minimize the possibility of failure and just wasting money in the market.

These are the people that view trading as a quick method to become wealthy; they never take the time to learn the ins and outs of the market, which means that they are always losing money when they trade.

[Smartvirus]

The mindset one comes into a thing matter so much. It might be the very thing that would make you or reduce you. You might have a mindset of profit making and that’s the absolute idea you should have about it but, how you go about trying to bring this to a physical manifestation in your trades matters.

Some might just go about their trades without proper orientation and no prior knowledge on how the market works, what indicators to use predict the market, how to make analysis and when not to be in a trade. The drive that every minute spent outside the market is you loosing money pushes you in and then, your met with unavoidable loss which then ruins your confidence about any profitable trading.

[justdimin]

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.

It's not only the influencers, people often join social media groups for traders and a lot of traders post their profit screenshots there to show off how much money and profit they are making from trading but those watching those screenshots don't understand that the same people are also incurring losses but they would never show their losses as well, and it is not as easy as they are showing and when one gets into it without much knowledge, it becomes even more difficult.

However, newbies start daydreaming after they see such things on social media platforms and they jump into the market without gaining any knowledge or trying to understand how things exactly work, all they do is watch a few tutorials about how one can trade and start taking positions only to find out soon that they have lost all their money.

[Monarch B]

The main reason for failure in trading is lack of patience. Because investing in anything you need to be patient. Turns out the market went bearish after you invested. And your investment becomes half of real wealth. Then the market is not going to grow easily. Then you have to be very patient for the next bull market to come.

As you say, my situation is exactly the same.

When I have a profit on the trade, I feel like there will be more profit. But after a while the profit amount comes down. Again, when there is loss, it seems to come out and come out and when it comes out, the market goes up.

[RockBell]

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.

people don't see it as normal especially people who just started trading, but it is normal to fail while engaging in trading, and the nature of the Bitcoin market discourages a lot of people when it comes to trading, and their are a lot of manipulation going in the market, and it is left for the trader to also be able to make use of it. and that is how you make money from trading when any event comes you take advantage of that is for active your, if it is about emotion just have to look for a way to control your emotions and sometimes control does not work, so you have to take other step if you can not control emotion.

There's manipulation in the market, but if you're very careful you won't be always affected when the manipulation happens and the price of the cryptocurrency that we're trading begins to fall. You can use stop loss to prevent big losses but many traders don't trade with stop loss and this cause them to fail by losing when the market gets manipulated. Manipulation is a part of the cryptocurrency market and as smart traders, we have to be prepared for it when it happens. Also take profits when you see profits from your trade, don't wait for big profits before you take profits as manipulation can happen and the price of the cryptocurrency that you're trading starts to fall. If you're a trader, you have to know that you'll fail at some point therefore when it happens you should pick yourself up and continue trading.

Too much manipulation, yeah with your knowledge you won't encounter many problems while trading and trading fails for a lot of people because some of their minds are not even there they don't concentrate and using stop loss and other means can reduce the risk of losing your money. and as the manipulation is going on you can also look for your way to make money from the manipulations, and you don't learn  to use you own strategy you wont make any money from it. and there is no way you can escape losing money is better everybody accept it that way.

[Dr.Osh]

The mindset one comes into a thing matter so much. It might be the very thing that would make you or reduce you. You might have a mindset of profit making and that’s the absolute idea you should have about it but, how you go about trying to bring this to a physical manifestation in your trades matters.

Some might just go about their trades without proper orientation and no prior knowledge on how the market works, what indicators to use predict the market, how to make analysis and when not to be in a trade. The drive that every minute spent outside the market is you loosing money pushes you in and then, your met with unavoidable loss which then ruins your confidence about any profitable trading.

The thing that many novice traders or people who trade forget is that there are many conditions and understandings that need to be thought about before trading. Many people feel that it is just buying and selling. However, when they feel that it is not just buying and selling, they quit trading because it is difficult.
It is true, that trading is only based on buying and selling, or vice versa. However, they sometimes forget analytical patience, and in-depth research is also very important. As a result, they choose a random time to enter, without doing any analysis, they choose the token or coin they want. then wait, just a few days or weeks. After that sell their assets, and exit trading. I've seen quite a lot of people like that

[GeorgeJohn]

I'm responding to you base on your caution or subject, because its obvious that trading have to do with techniques and its a skill you have to learn very well and know the rudiments of it, because sometimes what contribute immensely to failure of a trader is inability to understand the advantages and disadvantages of trading, when you have comprehend the advantages of trading and master it very nothing that will make you to lose or fail in trading like a someone who is a novice in trading, in summary what trading needs is a continuous practice and consciousness so that you can be able to know when you are approaching to error during trading, when you fail in trading or experience loss, that will motivate you most to know your wrongs and next time you will more precautions and you will not like to experience such again...the more you lose in trading the more you are understanding what causes the loophole of trading.

[AnonBitCoiner]

With work, everything is not so critical, you will receive a salary in any case, maybe not everyone will move up the career ladder, but everyone will make a profit. But in trading everything is different, the success of a trader will depend only on the trader and there is no guarantee that he will make a profit, there may even be losses, so this is a completely different type of activity. But in trading you can achieve significantly greater profits than can be achieved at work, and if a trader is so good that he has a constant profit, then he will never change trading for work.

In case of doing any work you will get salary until you work well but in case of trading your profits does not depends on your work but it depends on your winning and lossing abilities. If you win frequently you will earn more but if you are unable to win then you will not earn any amount but will loss your own money too.

People who are a part of trading learn after few years but for learning such thing they also loss large sum of their money so I think if you are able to bear your defeat and still working for your better future then eventually you will get success to Complete your dreams.

A trader become successful constantly if he is well educated about trading, has the ability to learn, use accurate strategies, learn from their mistakes instead of worrying about it and continue his honey without listing the negative thoughts of others.

[Strongkored]

Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.

In trading, it is not a matter of not giving up, but when over a long period of time and the result is more losses, of course you have to evaluate whether this trading should be continued or stopped because it turns out it is not suitable, although this could be due to minimal knowledge or being too controlled by emotions when watching the news and so on so that decisions are taken not based on analysis but emotion.

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.

Continuing to improve your trading skills is very important, but you still have to carry out evaluations and if you have been trading for a long time but have lost a lot, it is better to switch to becoming an investor because trading may not be suitable for you.

[retreat]

The thing that many novice traders or people who trade forget is that there are many conditions and understandings that need to be thought about before trading. Many people feel that it is just buying and selling. However, when they feel that it is not just buying and selling, they quit trading because it is difficult.
It is true, that trading is only based on buying and selling, or vice versa. However, they sometimes forget analytical patience, and in-depth research is also very important. As a result, they choose a random time to enter, without doing any analysis, they choose the token or coin they want. then wait, just a few days or weeks. After that sell their assets, and exit trading. I've seen quite a lot of people like that

Yup, trading is not as easy as the theory you learn. Even when a trader has mastered several techniques and learned to trade on a demo account for some time, they still stutter and get nervous when faced with the real market using real money. This proves that trading is not only about analysis, but also psychological factors and self-confidence also influence this. So when a trader is lacking in some of these things, it is certain that they will only waste money in the trading market.