Why do many people fail in trade?

[Ndabagi01]

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.

Many people that fail in trading is because of lack of patience and the overzealousness to make it rich in time when many other people that had to pass through that process didn’t also make it overnight. It is very easy to spread the words of trading and how many big people have made it through trading. When it comes to the practical aspect of it, is when people realise that it is not about just saying it in the mouth but about employing that strategy that you’ve mastered to win over the market anytime you want to trade.

Any term that refers to patience and knowledge must be used when learning how to trade. If you don't have these two or the two components that can lead to any of the aforementioned, you won't get much out of trading and will be disappointed with your time spent learning. People use terms like "trading is good," "great," "not stressful," and "can make you rich" to persuade you to do it. But the fact is, they're saying the truth, and when you put in the effort, you'll see the results.

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[cute nmp]

Most people are not ready to learn the skills many are into trading to get rich quick rather than focusing on acquiring knowledge and practicing it for month's .Most influencers especially youtubers have make it look so simple rather than telling the actual truth about it .In Reality Trading requires a sound knowledge,patience and a good risk management for one to be profitable and it takes a long time for one to become an expert

[Abu-Naim]

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.

All the people that learn trading for just short time are learning it just to get quick money with what they will learn; if these types of traders lose money, it usually happens because as a result of incomplete learning, and maybe because they are eager to make money without proper learning.

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.

Mistakes are part of learning and part of life; we can always make mistakes due to us been humans, therefore, little mistakes in trading are normal provided it is not a costly mistake that is done to ignorant.
Learning never ends, consistent learning keeps us up to date, and as a trader, you need to be learning regularly so as to avoid mistakes.

[obuoma]

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.

 The truth remains that trading is not for everybody, some people are used to making money  through applying much energy  as such when such person venture into trading  it will be hard for him or she to keep profit made while trading.
Trading required high level of discipline. As a beginner you should  first note the following:
 
 1.understand that trading is not get rich quick business.
Once you have this mindset it will help you  to maintain high level of discipline knowing fully that the market will always provide you with new opportunities and you will avoid chasing trade for  the fear of missing out.

2.Have different source of income.
Trading is more of psychology, having another source of income to solve your basic needs will help you to succeed in trading business. Never you have the mindset of solving your urgent needs using trading. Trading is a long time journey.
 
3.Develop a trading plan.
Never you trade without trading plan and always follow your trading plan accordingly. A good trading plan should be develop based on risk management
you must determine how much you can loss in a trade and number of trade for a day as well as your daily target and not every day your target can be met.

4.Avoid Greed.
Greed is a big enemy to trader. Some people will hold make a winning trade become a loosing trade just because they are expecting more move in their favor but forgetting that they are not the one controlling the trading market. Always be flexible and never you trade without putting stop loss and take. All you need is just to be discipline and never violate your trading plan because of greed. Risk what you can afford to loss.

5. Never you trade with small capital.
If you want a long time success in trading always try and trade with big capital. You can make profit using small capital but you can loose all your fund and the profit easily because it will affect your Psychology. Instead you can use the small money and register to pro firm and once you passed their trading challenges you can have access to trade with big capital which will help you to save  and fund your personal account with big capital.

Trading is not too hard just follow it with a refined mindset you will succeed.
  
 
  
 

[Assface16678]

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.

All the people that learn trading for just short time are learning it just to get quick money with what they will learn; if these types of traders lose money, it usually happens because as a result of incomplete learning, and maybe because they are eager to make money without proper learning.

Exactly and the sad part is instead of learning from their mistakes they will blame crypto trading and saying that trading is a scam pr too hard, yes trading is very hard that's why it needs an extensive effort to learn a lot in trading, even experienced traders often face a lose trade what more those new in trading expect. If they go straight in trading and loss then they should know what wrong are they doing.

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.

Mistakes are part of learning and part of life; we can always make mistakes due to us been humans, therefore, little mistakes in trading are normal provided it is not a costly mistake that is done to ignorant.
Learning never ends, consistent learning keeps us up to date, and as a trader, you need to be learning regularly so as to avoid mistakes.

But those mistakes can cost a lot, trading is.a very dangerous and risky thing, it can have a good reward if done correctly and prepared but if a trader chooses to go straight just because they sre eager then its their own mistake. Its natural to make mistake at first it could serve a factor so that a new trader will be eager to learn but if a trader keep on losing trade and not doing anything to solve it then its their own mistak and problem

[Myleschetty]

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.

Yes, patience and consistency in learning to upgrade the understanding of the crypto market momentum is good but the long period of learning about the market analysis is not what justifies a trader's knowledge about the market.
Some people are fast learners and some are slow in learning and understand the depth strategy. If a trader believes they are not good enough they can keep learning.

[GreatArkansas]

(...)

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.

The simplest answer is having patience, you already mentioned the problem in your post OP .
If most people are able to handle it, then I can say they will be able to help themselves to become better traders. That's why most of the new people in trading are experiencing this because they didn't experience it, some are first-timers.

[alastantiger]

Most of the users who attempt to try trading I think have the goal in mind to learn it quickly with a crash course and hope to make a living with it.

If we ask successful traders how they achieved success in trading, they will tell us that it took years for them to start seeing results. We cannot learn trading quickly, "fastly", in 7 days, 14 days, 21 days, or 30 days or even hundred days and become traders or even successful. Trading is a course and not a crash course that takes many years to gain mastery in and because as you have said, we have many people who want do it as a crash course, they end up crashing out after a short while.

A trader should not seek the easy way to make money.

I blame those YouTube traders or scammers who make people think that trading is get-rich-quick scheme. Therefore why people fail is because we have a lot of passionless people who get into trading as a quick way to be rich. Little did they know that when their motivation and enthusiasm ends, that's when the passion kicks in and drives them to succeed no matter how long the trading journey is. It is people without passion for trading that fail.

Lastly, there are whole books on trading psychology. Traders fail easily when they try to use their regular psychology for trading. Traders need a different psychology for trading- the one for trading. We should books on trading psychology.

[God bless u]

Most people are not ready to learn the skills many are into trading to get rich quick rather than focusing on acquiring knowledge and practicing it for month's .Most influencers especially youtubers have make it look so simple rather than telling the actual truth about it .In Reality Trading requires a sound knowledge,patience and a good risk management for one to be profitable and it takes a long time for one to become an expert

It was different when the patient was in trading, but what happens today is that people advance what they have for a little profit, they don't take the coin forward and then short it suddenly. They do it, small investor only are engaged in it and big investors continue to benefit.
Those with a lot of money are spinning in it because they get what they have point by point.
I am also thinking about that why coins are moving only in one place.

[Questat]

Don't mind that it was just like asking why many people had failed from investing in Bitcoin.
Well, it is sad to say that not all are meant for this field. It doesn't mean that if we have deep knowledge of trading we can be successful already because many factors that could affect our journey
 - emotion dealings
 - financial stability
 - strategies

Understanding the risk in trading, some will give up after encountering difficulties and losses. Much more if we already just have limited funds, it is really hard to recover.

[arwin100]

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.

They fail because they expect more larger than those coins they are trading and usually they are aim to get more then became so greedy that's why they always got caught by correction happening or there are a lot of traders sell before them that's why they always got a wrong timing on everything since they can't decide well on what they want to do next base on the movement occur of the coins they bought. If they could just develop some strategy towards dealing certain situation and can able to learn from each trade done for sure failing will have low chance to come with them and they always come up with good trades on each position they want to take.

But for sure consistency will bring all a lot of positive result so whatever negative they are experiencing on for sure it will be exchange in to good result especially if they are eager to learn about trading and can able to handle well those losses they encounter at earliest part of their trading careers.

[NicNacCoin]

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.

Many people fail at trading platforms because they jump into trading without gaining any trading experience. If a trader does not have a trading strategy, that person will never be able to achieve success from the trading platform. In trading strategy, you must learn to analyze the market, learn to be patient, avoid excessive greed while trading, if a trader can do these strategies correctly, he will not fail from the trading platform. There are also many other trading strategies that need to be learned step by step. Hopefully that trader will never fail on the trading platform.

[EarnOnVictor]

I can see that your post centres on encouraging traders but I think I am done encouraging traders about trading, all those who I encouraged were just sent into their ruins as they continue to lose money due to my motivation. Well, I think I would rather challenge them, and if they are not adequate for it, they should let it go. What you said is good, trading needs learning, patience, consistency and more as you iterated them, but trading needs more than that. Sadly, many will never get that complete trading necessity to be successful traders, and in my experience, it is still psychological but cryptic in nature. Good, people might say that you need learning, what about those who have been learning for years and are still patient with it but still have nothing to show for it? I've witnessed a lot, trading is not child's play, it is risky and infesting than we thought, it is only a few that are chosen with the mindset and spirit of trading that will make it.

Traders might have the best of strategies and also know the best of management but will still continue to fail, this is why I think that it is not until we have that strong and refined approach and psychology towards trading that we can get to make something out of it. Even the professional traders could still lament which is why challenging yourself towards it might be a way to breakforth. Despite all that one needs, strict discipline and determination could go a long way alongside what the trader knows. As simple as they are, they are such that will keep your mind focused when you trade, and if you must know, these are some of the qualities of successful traders that learning and patience will not be able to provide, but self-control. I mean the ruggedity in doing what you actually planned to do without deviation due to imbalanced psychology. Yet, your trading system and plans must be sound for this to be possible, or else, discouragement may still set in to cause disarray.

[RockBell]

Most people are not ready to learn the skills many are into trading to get rich quick rather than focusing on acquiring knowledge and practicing it for month's .Most influencers especially youtubers have make it look so simple rather than telling the actual truth about it .In Reality Trading requires a sound knowledge,patience and a good risk management for one to be profitable and it takes a long time for one to become an expert

and if you are not ready to learn then you are not ready to succeed in trading so you are supposed to put effort into it so that you can master it when you start you might not make money at first but continuously you will even start to make money gradually and you will start succeeding. and you can not get rich quickly if you want to do Bitcoin, everything is a gradual process. and you just need the knowledge, and with your knowledge, you will know that trading is not easy, even if influence rs are making it simple you will able to tell in whatever they are saying. and the reality of it all is that trading is not easy but it is very interesting. but at the same time, it is also risky, there management procedures that keep you safe.

[Lakai01]

Good, people might say that you need learning, what about those who have been learning for years and are still patient with it but still have nothing to show for it? I've witnessed a lot, trading is not child's play, it is risky and infesting than we thought, it is only a few that are chosen with the mindset and spirit of trading that will make it.
[...]

It is quite simply down to the approach to trading. Newcomers in particular believe that making money with trades is extremely easy, you only have to buy when the price is low and sell when the price has risen again. You learn relatively quickly that this is not the case when money is actually at stake.

However, you should not ignore the fact that very successful traders are also wrong with almost 50% of their trades, but have a slightly positive balance, which is then used to make money. In addition, successful traders exit bad trades early and thus minimize their losses, whereas they have very good strategies to take advantage of successful trades for as long as possible. This is exactly what a novice trader lacks completely.

[leonair]

After pandemic many people involved in cryptocurrency market. Some of them are trading with various crypto. Some of them are profited form trading and some of them are fail in trading. I think it happening for lack of proper knowledge anout trading. Many people involving in trading but don’t have any knowledge anout trading.Wtith small knowledge they starting trade and fail in trading and they losing his valuable fund for proper trading knowledge. So they are losing his valuable fund.

Even if someone is an expert in trading, he will not be able to succeed in every entity. There is how a new trader can succeed. Trading is not the same thing and it is not for everyone. Trading is a very creative thing and it requires good analytical skills. Many people trade using trading signals from different places and many people do copy trading but there are many risks in each of these cases.  So one who wants to trade must accept risk and have a good knowledge about trading

[khiholangkang]

Good, people might say that you need learning, what about those who have been learning for years and are still patient with it but still have nothing to show for it? I've witnessed a lot, trading is not child's play, it is risky and infesting than we thought, it is only a few that are chosen with the mindset and spirit of trading that will make it.
[...]

It is quite simply down to the approach to trading. Newcomers in particular believe that making money with trades is extremely easy, you only have to buy when the price is low and sell when the price has risen again. You learn relatively quickly that this is not the case when money is actually at stake.

However, you should not ignore the fact that very successful traders are also wrong with almost 50% of their trades, but have a slightly positive balance, which is then used to make money. In addition, successful traders exit bad trades early and thus minimize their losses, whereas they have very good strategies to take advantage of successful trades for as long as possible. This is exactly what a novice trader lacks completely.

well then here maybe there are traders who have been able to make a profit who have more wins in getting profits in the market, a little bit of understanding that is written will be very helpful for those of us who are still in the learning stage, some people must have found the key to get out of the stupid trading matrix and make a loss.

Maybe it can be influenced by mindset, so as to get out of bad trades that not everyone knows, basically it is true that the percentage of profit or loss varies in the market, but surely there are people who can stand at 50%.

I would like to thank all those who have presented their arguments, it is very helpful, let's continue the discussion to go deeper and maybe someone will get enlightened why always fail in trading.

[Lakai01]

well then here maybe there are traders who have been able to make a profit who have more wins in getting profits in the market, a little bit of understanding that is written will be very helpful for those of us who are still in the learning stage, some people must have found the key to get out of the stupid trading matrix and make a loss.
[...]

This may sound very simple, but it's actually true: successful traders have a plan - just like a good team manager in soccer. They know when to enter trades, know when to exit trades and also know when a trade ends and they take the profits. The asset (share, gold, crypto, ...) plays absolutely no role here, a trader trades the market, not a specific asset and therefore has no connection to the respective asset, neither morally nor empathetically and can therefore also enter the trade with significantly less emotion. 

The non-professional trader has none of this, especially no plan. They simply trade as they go, lose their nerve when the trade goes wrong and, in the worst-case scenario, even pour money into unsuccessful trades because what cannot be cannot be. It may sound banal, but a very good plan makes up a large part of a successful trade.

[Pandu Geddon]

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.

The mistake is that beginners don't learn from the mistakes they have made. so most beginners in trading repeat mistakes that have already been made before.
for example, the inability to set a target for profit or loss which requires a decision to immediately exit the trade. So they analyze with their techniques, but they don't have a good plan for the trading process. when there is a slight shock, their psychology is very disturbed and it is very easy to panic.

[Hamza2424]

Haha, OP a straightforward answer because people take trading a world to fulfill their fantasies and luxuries and they fall into the wrong path of journey so they destroy themselves = fail.

Most people take the basics as child play, Discipline they don't care, emotions they consider themselves strong, psychology they overestimate themselves, skills they think it's just an up and down haha. I think is enough to mention most of the things. In the end they quit and this is where they closed the doors I was on that door but luckily saved myself and now I'm surviving somehow. Alhamdullialh.