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Author Topic: Why do many people fail in trade?  (Read 1328 times)
kaka_Shipai
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February 01, 2024, 12:36:01 PM
 #81

Trading is not for everyone. And trading is like someone looses money and the other one gains money. So if one person makes 100$, then 5 persons looses $20 each and plus the other taxes, so more people are bound to loose to make a smaller group win money.

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February 01, 2024, 01:03:35 PM
 #82

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.


   First of all, I don't believe that in just 1 month they learned trading 100%, I really doubt that. But I like what you said that we must learn to our mistakes, that's true because of the mistakes we made we realized what we did wrong.

  



If they say they master on how to trade for just span of one month then provably they are bluffing around. Maybe they have agenda hidden and they just want to influence other people to believe them or just bluffing his listeners since he want to know the reaction of people about what he or she claims on that statement.

Learning how to trade doesn't stop there since day by day we need to learn from our experiences and for sure there's a lot of scenarios which could happen in certain period of time that we need to learn that's why what we can do is to be attainable or always have our presence their to watch the flow of the market since if we are fully aware of everything there then we could possibly learn and chances to fail is low.

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February 01, 2024, 01:11:23 PM
 #83

-snip-
-snip-

Spot trading, Futures, Binary are just a few options that you can try. However, spot trading is certainly safer so as not to lose all your budget if the price is corrected. Trading future is too risky, especially when traders place high leverage. Binary option is the same, it is too risky to lose all your budget.
Because it is safer from losing when you forget to cancel, I still maintain spot trading. I think if the risk of loss is very high due to negligence and high levels of fraud, it is not an option to consider.
When it comes to spot trading, people who are not very active in trading activities can quickly understand how to do it.

-snip-
-snip-
Its not simple but it doesnt mean that it would be impossible. Failure would be only that considered if you have given up along the process but if you dont able to do so along the way
on which you are still that learning then proceed and continue on what you are doing. Things could be learnt but not on a fast pace method or situation.
Realizing that you are actually in a learning process, playing large amounts of capital is not appropriate. During the learning and practice period, trial and error with small amounts of money is highly recommended. Then you can create your own methods and strategies obtained from the theoretical learning process with brief practical experience.

R


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Fatunad
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February 01, 2024, 01:13:46 PM
 #84

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.


   First of all, I don't believe that in just 1 month they learned trading 100%, I really doubt that. But I like what you said that we must learn to our mistakes, that's true because of the mistakes we made we realized what we did wrong.

  



If they say they master on how to trade for just span of one month then provably they are bluffing around. Maybe they have agenda hidden and they just want to influence other people to believe them or just bluffing his listeners since he want to know the reaction of people about what he or she claims on that statement.

Learning how to trade doesn't stop there since day by day we need to learn from our experiences and for sure there's a lot of scenarios which could happen in certain period of time that we need to learn that's why what we can do is to be attainable or always have our presence their to watch the flow of the market since if we are fully aware of everything there then we could possibly learn and chances to fail is low.
Trying to master and taking have a grasps on the market for a 1 month? then it is really just that a pure boast. It wont really be that possible on trying out to take learning on everything in a short span of time.
Trading failures usually do came from on having those high expectations or high confidence about on learning from it in a short time. You would really be jus that making yourself that be prone into tons of mistakes
because you are expecting that too much and on the time that reality do slap into your face then this is where you would really be stating up on realize that it was never been that easy.

Mistakes and errors is really just that you learning stepping stone on which this is something that you should really be needing to realize along the way. Dont make yourself that
easily giving up on the time that you would really be experiencing those loses or mistakes on which it is really just that normal along the process.
It would matter on how you would really be able to sustain.

R


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February 01, 2024, 02:08:38 PM
 #85

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.


   First of all, I don't believe that in just 1 month they learned trading 100%, I really doubt that. But I like what you said that we must learn to our mistakes, that's true because of the mistakes we made we realized what we did wrong.

  



If they say they master on how to trade for just span of one month then provably they are bluffing around. Maybe they have agenda hidden and they just want to influence other people to believe them or just bluffing his listeners since he want to know the reaction of people about what he or she claims on that statement.

Learning how to trade doesn't stop there since day by day we need to learn from our experiences and for sure there's a lot of scenarios which could happen in certain period of time that we need to learn that's why what we can do is to be attainable or always have our presence their to watch the flow of the market since if we are fully aware of everything there then we could possibly learn and chances to fail is low.
Trying to master and taking have a grasps on the market for a 1 month? then it is really just that a pure boast. It wont really be that possible on trying out to take learning on everything in a short span of time.
Trading failures usually do came from on having those high expectations or high confidence about on learning from it in a short time. You would really be jus that making yourself that be prone into tons of mistakes
because you are expecting that too much and on the time that reality do slap into your face then this is where you would really be stating up on realize that it was never been that easy.

Mistakes and errors is really just that you learning stepping stone on which this is something that you should really be needing to realize along the way. Dont make yourself that
easily giving up on the time that you would really be experiencing those loses or mistakes on which it is really just that normal along the process.
It would matter on how you would really be able to sustain.

Most times I just laugh at those who claim they learnt trading within a space of one year. One of my major concern is that these set of traders go along to create social media platforms where they offer to teach prospective traders how to trade effectively within a very short period of time, giving these newbie traders the impression that they will begin to earn within a very short period of time. Many traders who learnt trading from these social media content creators who call themselves professional traders will fail and subsequently quit trading permanently if they are not determined to learn. Only the few determined ones will remain consistent trying to improve even if they fail.

Improvement is not something that happens instantly, it takes days of hardwork and constant learning to master the trading skills. Prospective traders should be aware of what is ahead of them so they can prepare their minds for it instead of lying to them.

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February 01, 2024, 04:10:40 PM
 #86

Those who have less intelligence and patience are the ones who succeed in trading because trading requires a lot of patience which many people do not have.  Once faced with a loss, this person quits the trade.  Trading with profit and loss and accepting it should enter the trade.  I agree with you that a tree takes a long time to produce a good yield.  So one should not give up too quickly.  Achieving success in trading takes a lot of time because there is a lot to learn and know.  You should not be disappointed to see someone making a lot of profit from trading.  Look at his back story, he must have worked hard to get this success today.

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February 01, 2024, 04:26:23 PM
 #87

-snip-
-snip-

Spot trading, Futures, Binary are just a few options that you can try. However, spot trading is certainly safer so as not to lose all your budget if the price is corrected. Trading future is too risky, especially when traders place high leverage. Binary option is the same, it is too risky to lose all your budget.
Because it is safer from losing when you forget to cancel, I still maintain spot trading. I think if the risk of loss is very high due to negligence and high levels of fraud, it is not an option to consider.
When it comes to spot trading, people who are not very active in trading activities can quickly understand how to do it.
Yes spot trading will be the best option in my opinion, especially on coins that already have a large market capitalization and we can see that the narative being discussed will have a high potential increase, it's just that in spot trading we need a large capital to get a decent profit, because if the presentation of the increase is small and we use small money then the benefits we get will not be felt for the growth of profits.

And again the security side when the price reverses we only need to wait and be patient until the price reverses back to profit if it is in spot trading, and it is not as complicated and risky as futures or binaries that have high risk and return, and in my opinion more people fail in trading futures or binaries than spot.

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February 01, 2024, 05:08:27 PM
 #88

Yes spot trading will be the best option in my opinion, especially on coins that already have a large market capitalization and we can see that the narative being discussed will have a high potential increase, it's just that in spot trading we need a large capital to get a decent profit, because if the presentation of the increase is small and we use small money then the benefits we get will not be felt for the growth of profits.

And again the security side when the price reverses we only need to wait and be patient until the price reverses back to profit if it is in spot trading, and it is not as complicated and risky as futures or binaries that have high risk and return, and in my opinion more people fail in trading futures or binaries than spot.
The potential increase will not be determined by the way we trade whether on spot or in future. Your analytical skills in selecting assets are very determining in this case. People who focus on trading are of course thinking about profits in a short time, they avoid the risk of having to hold trading assets for too long.
If novice traders are learning to trade futures or spot, they must be prepared for losses. however traders' skills and understanding will develop as they try. and finally they can choose what is more appropriate for them, whether future or spot.

.
.Duelbits.
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February 01, 2024, 05:08:52 PM
 #89


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.

If you don't know a lot about the business you're doing, it's tough for it to work out well. Like, if you're not super smart about trading stuff, it's hard to do well in it. That's why people always say you should learn a lot before you start trading cryptocurrency. It's not like regular trading - it's kind of different and tricky. Cryptocurrency goes up and down a lot, which makes it pretty risky. So, if you want to be good at trading, you have to keep learning all the time. That way, you can figure out new tricks and skills to help you do better. It's like when you're learning to ride a bike - you keep practicing to get better!

Quote
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.

Without a dedication to continuous learning and practice, people can find it difficult to discover new abilities and strategies that are essential for profitable trading. One needs to place a high priority on continuous learning projects in order to become an expert and reliably profitable trader. A trader can improve their capacity to adapt and succeed in the fast-paced world of trading by immersing themselves in the intricacies of the market, comprehending a variety of trading methods, and keeping up with market trends.This persistent commitment to ongoing growth allows one to uncover novel ways as well as hone already-existing talents, which ensures long-term success in navigating the complexities of the trading scene.

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February 01, 2024, 05:51:11 PM
 #90

Well dear trading is the big challenge in this journey We have to fave many challenges.... If one do not have patience and taking impulsive decsion he/She have to face lose. Over trading is also a bad habit if one is greedy he also have to face many problems. So if you are trader have patience and control on your emotions because if you do not have control on emotions you also have to face many problem in trading journey.

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February 01, 2024, 09:27:36 PM
 #91

Not significant different between business and trading, why many people still fail in trade because they loss control with many unpredictable thing happen in gambling after understand well with theory and have difference thing implement with practice. To be success in trading is not enough understood well with theory and we have compete with emotion controlling until how limitation with patience when market get crashing suddenly without get panic moment for selling bitcoin or cryptocurrency assets.

Without a dedication to continuous learning and practice, people can find it difficult to discover new abilities and strategies that are essential for profitable trading. One needs to place a high priority on continuous learning projects in order to become an expert and reliably profitable trader.
Need motivation and won't give up after several time fail in trading but has decision keep continue learning and practice before become success with trading. Make mistake as lesson for the future if won't get the another failure in trading exactly in cryptocurrency has the same formula and way when trading in bitcoin or altcoin.

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Vinaa77
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February 02, 2024, 04:20:30 AM
 #92

Well dear trading is the big challenge in this journey We have to fave many challenges.... If one do not have patience and taking impulsive decsion he/She have to face lose. Over trading is also a bad habit if one is greedy he also have to face many problems. So if you are trader have patience and control on your emotions because if you do not have control on emotions you also have to face many problem in trading journey.
In trading, there will always be challenges that we have to face to be able to gain profits from trading and we also need self-control not to make wrong decisions in trading that result in losses.
If we trade excessively this will also be a problem for us because it will be very difficult to stop and we will also do it greedily so that after we get a profit we still hope for more profits so we miss the opportunity and experience a loss, Of course we have to trade carefully so as not to allow greed to occur when trading.

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bangjoe
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February 02, 2024, 10:05:20 AM
 #93

Yes spot trading will be the best option in my opinion, especially on coins that already have a large market capitalization and we can see that the narative being discussed will have a high potential increase, it's just that in spot trading we need a large capital to get a decent profit, because if the presentation of the increase is small and we use small money then the benefits we get will not be felt for the growth of profits.

And again the security side when the price reverses we only need to wait and be patient until the price reverses back to profit if it is in spot trading, and it is not as complicated and risky as futures or binaries that have high risk and return, and in my opinion more people fail in trading futures or binaries than spot.
The potential increase will not be determined by the way we trade whether on spot or in future. Your analytical skills in selecting assets are very determining in this case. People who focus on trading are of course thinking about profits in a short time, they avoid the risk of having to hold trading assets for too long.
If novice traders are learning to trade futures or spot, they must be prepared for losses. however traders' skills and understanding will develop as they try. and finally they can choose what is more appropriate for them, whether future or spot.
I'm not sure if this is a good idea or not, but I think it's a good idea to use the same principles in short term investing or trading. I think failure is a natural thing to go through as long as we are willing to learn well and are able to understand every mistake we make in the trades we make both in spot and future trading, and that person will get light in their trading and then get comfortable where they can choose the trade they want because they have gone through a process?

But I think that the way of analysis in futures and spot trading is different and their capital also determines the size of their profits when they lose or win, and in some places I noticed that many people who use a large amount of funds in their trading plan form newbie are quicker to give up on their dream trade.

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February 02, 2024, 02:56:55 PM
 #94

I'm not sure if this is a good idea or not, but I think it's a good idea to use the same principles in short term investing or trading. I think failure is a natural thing to go through as long as we are willing to learn well and are able to understand every mistake we make in the trades we make both in spot and future trading, and that person will get light in their trading and then get comfortable where they can choose the trade they want because they have gone through a process?

But I think that the way of analysis in futures and spot trading is different and their capital also determines the size of their profits when they lose or win, and in some places I noticed that many people who use a large amount of funds in their trading plan form newbie are quicker to give up on their dream trade.
There's nothing too different, I think it's the same, it's just that future trading is 2-way trading which allows every increase and decrease to provide a profit or even a loss. Other differentiators Generally, spot trading does not involve the use of leverage. Traders can only buy assets with the amount of money they have.
But in futures trading, traders can control a larger amount of assets than the amount of money they have with leverage. However, the use of crypto leverage also carries higher risks.
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February 02, 2024, 03:01:51 PM
 #95

-snip-
Yes spot trading will be the best option in my opinion, especially on coins that already have a large market capitalization and we can see that the narative being discussed will have a high potential increase, it's just that in spot trading we need a large capital to get a decent profit, because if the presentation of the increase is small and we use small money then the benefits we get will not be felt for the growth of profits.
Can use large capital to get a large percentage profit if the coin we are trading reaches an increase in price. It is impossible for small capital to expect big profits. Regarding the technicalities, it depends on how we do it. In less than a week, the potential guess of a coin price increase is rarely achieved on the coin.
The advantage in spot trading is that we don't worry too much like forgetting to use a stop loss in a trade that requires it.
The fear of playing with large capital in trading lies in the inconvenience of placing capital on an exchange or trading platform.

R


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February 02, 2024, 04:36:12 PM
 #96

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.

Trading is a very complicated aspect of crypto that is far more complex than it is being discussed. As an upcoming trader, there's more to focus on than the short term profits and loses because a few successful trades doesn't make you a pro trader likewise few loses does not make you a failure. Although, not everyone can survive in trading or endure the risk and the moment you spend a little time trading, you should be able to know whether to continue or back off. In case you choose to continue, trading is a continuous learning process where you make amendment and improve from your previous mistakes. No matter how long you have been in the industry, you can not stop making mistakes but the important thing is to learn from those mistakes to avoid it in the future.

However, sometimes giving up is the best decision to take as far as trading is concern. Not everything will work for you the way you want it and should be smart enough to spot the signs and give up at the right time. Trading is not free, you use your financial resources and your time to trade. If after several trial, it seems not working for you, do not listen to any motivation to keep on wasting your time and resources. Channel the money into something better like buying and holding of BTC for a long term investment.

But I think that the way of analysis in futures and spot trading is different and their capital also determines the size of their profits when they lose or win, and in some places I noticed that many people who use a large amount of funds in their trading plan form newbie are quicker to give up on their dream trade.

Using large amounts of money to trade with limited knowledge is the worst thing for someone to do. This statement "the higher the risk, the higher the profit" has misled so many people. It is truth that if you risk more, you will have more profit if market dance to your tune but people overlooked the opposite side of it having much confident on making money in trading than losing. This is why we have a large number rushing into it but only few are staying back after their experience.

R


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February 02, 2024, 05:04:38 PM
 #97

Realizing that you are actually in a learning process, playing large amounts of capital is not appropriate. During the learning and practice period, trial and error with small amounts of money is highly recommended. Then you can create your own methods and strategies obtained from the theoretical learning process with brief practical experience.

Yes in learning process one should not use huge amount because in such case he can loss his whole money in a single try so try to initiate with little amount and if you know that now you learned well and you can get profit then start to use large amount but remember don't rushes towards trading if you don't know as if once you loss money you will work again and again to cover the loss without minimizing your mistakes and will loss all your amount.

I think in trading one should not use huge amount even he is an expert because trading is a risky field in which there is a possibility of losing money due to Volatility and unpredictability. Learn well, create your strategies, try to learn about using these strategies and then choose a less risky project which can make your start of trading better.



 

 

 

 

 

 


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February 02, 2024, 05:11:13 PM
 #98

-snip-
Using large amounts of money to trade with limited knowledge is the worst thing for someone to do. This statement "the higher the risk, the higher the profit" has misled so many people. It is truth that if you risk more, you will have more profit if market dance to your tune but people overlooked the opposite side of it having much confident on making money in trading than losing. This is why we have a large number rushing into it but only few are staying back after their experience.
Yes, those who enter without any knowledge are hypnotized by the words "the higher the risk, the higher the profit",
even though, there are several conditions that must be met if you want to get big profits.

It is not easy for beginners to master the crypto market overnight.
It even requires good trading knowledge or technical and fundamental analysis.
Too confident without basic knowledge is just stupidity, and just relying on a lot of capital at the beginning will only lose so much in the end.

It is better to learn first before putting a lot of money into trading.
Crypto trading is no guarantee and all mistakes will be borne by yourself without compensation.

Distinctin
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February 02, 2024, 07:58:51 PM
 #99

Those who have low risk tolerance might eventually get to decide to quit from trading most particularly if they are losing consistently. Even myself I would resort into quitting if I am not profitable anymore. But that is only on a newbie’s point of understanding. Because if you actually aim to become a good and successful trader someday, then you should not be easily discouraged with different losses and mistakes you’ve done in trading, that’s part of one’s training so you can be a reliable trader in the end.

Successful traders these days might not come into their current position if they end up quitting suddenly. But because their hopes and aspirations are high, they remain to be strong despite of their losses until they get to the point of becoming successful and profitable in their trading field.

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February 02, 2024, 08:55:26 PM
 #100

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.

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