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Author Topic: Why do many people fail in trade?  (Read 1336 times)
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March 30, 2024, 11:46:34 PM
 #201

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.

One of the reasons why many traders fail on trading platforms is because they cannot adopt a good trading strategy. People who do not acquire proper knowledge of trading strategies lose very quickly on trading platforms. I have seen many people trade for a short period of time and from there gain some experience to make themselves very knowledgeable and trade with maximum risk on the trading platform. Those who take maximum risk with little knowledge fail very fast in trading platform also those who are too greedy while trading also fail in trading platform because too much greed can never make a person successful in trading platform I am proof of that. I have seen on trading platforms that excessive greed always leads to failure.

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March 31, 2024, 10:43:43 AM
 #202

Yes, most newbies think it is easy to trade because they only need to buy at the dip and sell at the peak. However, it is not an easy thing when we do the real trading. Sometimes the trend of crypto market can change in a short time. It can be bad news or there are too many supply in the market. This is something not easy to describe, we must understand this through the experience. If we are newbies, we don't have enough experience. So the solution is to learn other people experience. How to learn it? We can read from the articles or watch the videos. There are already many articles and videos that discuss about it.

To gain experience, it is not a must through the things we do ourselves. We can learn it through the experience of other people that they wrote on the articles or they described it through YouTube videos. This is a smart way that we can do now because we have a lot of references. So, there is no reason to have lack of knowledge or experience.

Trading is easy just for experience traders who learn something beneficial before trading and after which they learn more new thing and accurate their learned knowledge through experiencing win or loss in trading. It is obvious that your loss will be greater at the time of initiation because not every person is an expert but you will learn to accurate your mistakes when you passed through ups and downs situations.

Knowledge can be gained through any site or talking with friends about it but experience will only originates when you enter into the crypto world and see all the things with you own eyes so you will realise that what you have learned and what comes in reality.



 

 

 

 

 

 


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March 31, 2024, 09:42:03 PM
 #203

Loss controlling with emotion bring bad impact for us in trading position, all planning before in trading possibility loss if can't control well with emotion how much limitation price increasing for selling or holding and make decision to stop loss.
It will be much more difficult to control emotions in trading, especially if someone has no knowledge about it. Emotions can influence decisions and if someone makes a mistake in doing so, they will experience losses. Moreover, if market conditions do not go according to plan, emotions will influence a person in determining the end of trading.

The most important key in trading how to control emotion not only with the profitable position but also how to face when price dropping and keep calm for holding without get panic moment for selling.
If some one want to make guide how to be success in trading better put the emotional on the first number, its very important for beginner or an expert in trading can manage or controlling their emotion after getting profitable or losing position.
There must be a balance in decision making because as has been said, sometimes when conditions are favorable, person also have to make the right decisions and in the opposite conditions in order to control the risk of loss. Emotional control can be done if someone understands the correct trading method because the decisions taken are definitely based on previous experience. Trading is not easy to do, people must have knowledge and experience, but emotional is still needed as a measure of control.
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April 01, 2024, 12:26:20 PM
 #204

I see a lot of traders who fail in this field, because they do not have patience and consistency in learning
Most of them doesn’t even want to learn, they think they can just easily make money from trading, but they don’t know things doesn’t work like that, before you will be making money in trading, you have to take your time to learn first, and you have to put all what you have learned into constant practice, also if you are a trader, learning should be a continuous thing, because the more you keep on reading, the more you keep on learning new things.

If you notice most newbie traders, most of them are always looking for trading signals, they are not ready to learn how to trade themselves, that’s why most of them do end up failing, because most of those trading signal providers are just fake, they just want to scam people that are joining it, and that’s what newbies are always after.

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April 02, 2024, 09:00:00 AM
 #205

Knowledge can be gained through any site or talking with friends about it but experience will only originates when you enter into the crypto world and see all the things with you own eyes so you will realise that what you have learned and what comes in reality.
Yes, but one shouldn't enter the market before they feel they are ready to start trading because that would make them lose money. When a person enters the trading sphere, their first step must be to learn everything about it, and once they have learned everything, they should put that on the test, maybe with a demo account or if a demo opportunity isn't available, they should start with a small amount just to try their skills and knowledge.

After the test, if they feel that they are ready and they can now make trades without any problems and won't lose all their money if they do so, that is when they should get into it and after that point, anything they do will earn them experience and they will become an experienced trader after some time.

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April 02, 2024, 01:44:18 PM
 #206

A user must be patient and have experience to trade. If a person has no experience then he will never be able to advance in the business field, similarly in the field of trading one must be well experienced and patient, otherwise it is very difficult to survive in the market. We know that the cryptocurrency market is never stable due to which people sometimes gain and sometimes lose, it depends on the ups and downs of the market. When you start trading, you must invest from a position where you can buy and profit when the market moves higher. When you start trading in the market you must wait patiently if there is a loss, because once the market goes down it will definitely go up again, so never give up. And in every case all traders have to take risk without risk you can never be successful, and no trader can make profit patience and experience is also required to take risk.

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April 02, 2024, 02:11:23 PM
 #207

Trading is not an easy job and most failures are caused by lack of discipline, lack of research and analysis, and lack of risk management. And trading also requires experience and strong psychology to do it, and also don't ever think about getting short profits.
Everything requires a process and the most important thing is to learn everything related to trading, and also start with small capital to find out and develop knowledge and recognize the risks that exist.
So in my opinion the reason they failed is as I mentioned above, and they did this because they wanted to gain profits in a short time, understood it but without doing further learning and also realizing the risks involved. And they also do it in a haphazard way that makes them fail because of their carelessness, and that often happens to those who are still beginners.

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April 02, 2024, 11:12:04 PM
 #208

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.
Trading is one of the most difficult aspects of crypto and also one of the riskiest if not the riskiest part of crypto that even with enough knowledge there is no guarantee of success only that having knowledge minimizes the risk of failure. Aside knowledge there are other factors and qualities that a person needs to possess to increase their chances of success in trading like having self discipline, having patience and training the mind to eliminate fear and greed etc. Trading actually requires having in depth knowledge of it else you risk losing your money to it, i don’t think there is a way around it without knowledge and many people fail as a result of negligence and laziness to learn, they assume trading can be done by following their instincts alone. Once a person skips the learning process then his money is at risk but most newbie traders are not aware of this and all they think of is  earning profits.

Trading is very risky that even experienced traders and experts still lose money despite having tons of experience and knowledge but the knowledge with them puts them ahead and helps them make profitable decisions and take calculated risks.

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.
Every trader is bound to make mistakes and these mistakes are meant to serve as a lesson where you pick up things and learn from so making mistakes is not the end of the road, they are meant to serve as a motivation for you not to give up. Experienced traders started from somewhere too and they all made mistakes along the road but they didn’t give up and were determined to get to the top by learning from their own mistakes and not take actions that lead them to fail.

R


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April 03, 2024, 05:19:46 PM
 #209

Trading is not an easy job and most failures are caused by lack of discipline, lack of research and analysis, and lack of risk management. And trading also requires experience and strong psychology to do it, and also don't ever think about getting short profits.
Everything requires a process and the most important thing is to learn everything related to trading, and also start with small capital to find out and develop knowledge and recognize the risks that exist.
So in my opinion the reason they failed is as I mentioned above, and they did this because they wanted to gain profits in a short time, understood it but without doing further learning and also realizing the risks involved. And they also do it in a haphazard way that makes them fail because of their carelessness, and that often happens to those who are still beginners.
Its never been that easy in the first place and this is why it would really be just that right that you should really be serious on trying out to learn on it even on the slightest possible scenario or conditions that you might be able to encounter on. Trading isnt something a skills that you could really be able to make yourself that learn in a short time. You would really be still needing to pass up tons of trials and errors before you could really be able to have a good grasps into it. Mistakes are common since we do really lack knowledge and skills but overtime as you do go forward then you would really be able to eventually learn up about on handling yourself towards this market and this is something a typical condition for someone to take. It is really just that there are people who are really that easily giving up on the time that they do experience some hardship.

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April 04, 2024, 10:17:13 AM
 #210


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.

Yes, lack of proper knowledge about trading is one of the main reasons why many people fail, but the truth is that trading is risky, and even with proper knowledge, some people still fail. No matter how good someone may be, trading involves serious risk. Also, let us know that it is not a full lack of knowledge that always causes some to fail in trading. Sometimes, even with proper knowledge, your analysis can still fail because there are some people who manipulate some coins, so if you fall under this type of coin to trade, it is very easy for you to fail because manipulating involves. 

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.

Making mistakes is okay when you're learning new things, like trading. If you want to be really good at it, you shouldn't stop trying just because you make a few mistakes. When you start trading, it's normal to mess up sometimes and lose money. But that's how you learn and get better. So, if you give up too quickly after making just a few mistakes, you might miss out on becoming a successful trader. Remember, everyone makes mistakes, and it's all part of getting better at something new like trading.

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April 04, 2024, 12:13:41 PM
 #211

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 on this field.


To start with, nothing is ever easy to begin with. Sometimes we are at that point like we can never do it because of the consistent fails but only those who stick around actually achieve it.

Here, I would tell everyone if you are in this category, don't give up keep doing it because when you finally get it, it will be all fun and you will be able to get so many opportunities to accomplish like different events MEMECON, what have you! Don't give up

I believe in Crypto| BTC Analyst| Trader in good Cex (Bitget and Binance)
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April 04, 2024, 01:15:01 PM
 #212

A user must be patient and have experience to trade. If a person has no experience then he will never be able to advance in the business field, similarly in the field of trading one must be well experienced and patient, otherwise it is very difficult to survive in the market. We know that the cryptocurrency market is never stable due to which people sometimes gain and sometimes lose, it depends on the ups and downs of the market. When you start trading, you must invest from a position where you can buy and profit when the market moves higher. When you start trading in the market you must wait patiently if there is a loss, because once the market goes down it will definitely go up again, so never give up. And in every case all traders have to take risk without risk you can never be successful, and no trader can make profit patience and experience is also required to take risk.

Anything you undertake in this life requires patience, since without patience you will never achieve anything. Trading is not something you can learn in a day or a week; you must spend a month researching the market and understanding the next step before you can begin earning money gradually. And you must understand that anything you do is risky since you cannot guarantee that you will be lucrative while trading; nevertheless, with expertise, he will lower your losses and increase your profits. That is why, whenever you want to start trading, you should do so with your own money, compared to a cryptocurrency investment which can reduce your risk. when you lose you lose all, not like crypto investment that can just decrease your capital and later he can increase and be profitable on it, trading is sweet when you understand everything about it everything will be easy to solve without stress but when you are saying trading is hard that means you have not know much about the market.

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April 04, 2024, 01:16:46 PM
 #213

To start with, nothing is ever easy to begin with. Sometimes we are at that point like we can never do it because of the consistent fails but only those who stick around actually achieve it.

Here, I would tell everyone if you are in this category, don't give up keep doing it because when you finally get it, it will be all fun and you will be able to get so many opportunities to accomplish like different events MEMECON, what have you! Don't give up
People do not become great sages in the initial state. To become a sage one has to gradually acquire education and master knowledge. Similarly, no one can become successful in trading from the beginning and don't learn trading easily. Success in trading and learning to trade requires regular consistency and patience. People fail in trading mainly because of their lack of proper knowledge about trading.

Usually when we do something wrong, we have to learn from it and take steps to avoid making the same mistake in the future. Just like when we start trading we may fail, we have to take it as normal, we have to learn from this failure and then take steps to be successful in trading. Trading may not be easy for everyone but those who are experienced in trading will find it easy.However, trading involves risks and everyone must accept that before trading.

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April 04, 2024, 05:49:13 PM
 #214

Don't give up
People do not become great sages in the initial state. To become a sage one has to gradually acquire education and master knowledge. Similarly, Just like when we start trading we may fail, we have to take it as normal, we have to learn from this failure and then take steps to be successful in trading. Trading may not be easy for everyone but those who are experienced in trading will find it easy.However, trading involves risks and everyone must accept that before trading.
Well the only failure on trading is the time when you decide that you are going to stop. Which means that if you are still trying, still improving,  looking on yourself and asking why you are still unprofitable, then you are thriving. I also want to tell you that the right time will happen for you once you do the right thing and act and think the certain way as how the professionals do.

Failure in trading is temporary. You can even blow your account many time but still you will be blowing up the next if you don't change your behavior in front of the market. 90% of the people who enter the market loses because they are trying to master the market but the truth is, the only thing they need to master is themselves.

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April 04, 2024, 06:25:12 PM
 #215

People do not become great sages in the initial state. To become a sage one has to gradually acquire education and master knowledge. Similarly, no one can become successful in trading from the beginning and don't learn trading easily. Success in trading and learning to trade requires regular consistency and patience. People fail in trading mainly because of their lack of proper knowledge about trading.

Usually when we do something wrong, we have to learn from it and take steps to avoid making the same mistake in the future. Just like when we start trading we may fail, we have to take it as normal, we have to learn from this failure and then take steps to be successful in trading. Trading may not be easy for everyone but those who are experienced in trading will find it easy.However, trading involves risks and everyone must accept that before trading.
Everyone who is just starting out in whatever they try will of course have failures and only they can correct the mistakes they make and be patient with the learning process that will be successful in the trading they do and for those who cannot correct the mistakes of course they will not be able to survive and will leave trading at a loss.
Understanding the risks that will be faced when trading will certainly make them trade carefully so that they carry out analysis correctly to make the right decisions on the trades they make so that they can make a profit from the trades they make, because if they cannot analyze the market properly Well of course you won't be able to make a profit from trading.

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April 04, 2024, 06:26:26 PM
 #216

Don't give up
People do not become great sages in the initial state. To become a sage one has to gradually acquire education and master knowledge. Similarly, Just like when we start trading we may fail, we have to take it as normal, we have to learn from this failure and then take steps to be successful in trading. Trading may not be easy for everyone but those who are experienced in trading will find it easy.However, trading involves risks and everyone must accept that before trading.
Well the only failure on trading is the time when you decide that you are going to stop. Which means that if you are still trying, still improving,  looking on yourself and asking why you are still unprofitable, then you are thriving. I also want to tell you that the right time will happen for you once you do the right thing and act and think the certain way as how the professionals do.

Failure in trading is temporary. You can even blow your account many time but still you will be blowing up the next if you don't change your behavior in front of the market. 90% of the people who enter the market loses because they are trying to master the market but the truth is, the only thing they need to master is themselves.
Most people would really be quitting or totally that stopping on the time that they would really be experiencing those unfortunate conditions on which we know that this is really just that something normal on having
this kind of approach on things on where this is really something that do really happens on which there would really be those individuals whose really that easily quit up on the time that they would really be making out those kind of bad experiences on which they cant really be able to bare out such risks. It is really just that a matter of survival in this regard because there are people who do easily give up and there are
ones who do really persevere no matter what.

Fail is normal but completely stopping just because you cant really be able to make yourself that sustain about experiencing those loses then it does really shows up on
how weak you are when it comes to this manner. If you are really that wanting to learn up trading skills then you would really be needing up to survive no matter what.
ITs impossible that those loses wont really be able to make you something more better.

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April 04, 2024, 08:54:27 PM
 #217

One of the reasons why many traders fail on trading platforms is because they cannot adopt a good trading strategy. People who do not acquire proper knowledge of trading strategies lose very quickly on trading platforms.
Indeed. It is not easy to know right trading strategy. When we decide to use which trading strategy, we must do analysis or research first. We need to adjust the strategy with the current market condition. We also need to consider the strategy with the characteristic of the coins to trade. So, it is not a simple way to determine the trading strategy. Sure, it requires good knowledge to have a proper strategy in trading.

Those who take maximum risk with little knowledge fail very fast in trading platform also those who are too greedy while trading also fail in trading platform because too much greed can never make a person successful in trading platform I am proof of that.
It is true. If we force to trade hastily, the chance for a lose will be higher. Moreover, if we trade with a greed, it is another big reason to fail. These things must be avoided in trading, we must learn how to deal with these bad things. If we still can't deal with them, it is better to not trading, just focus on learning first.


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April 04, 2024, 11:09:00 PM
 #218

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.

One of the reasons why many traders fail on trading platforms is because they cannot adopt a good trading strategy. People who do not acquire proper knowledge of trading strategies lose very quickly on trading platforms. I have seen many people trade for a short period of time and from there gain some experience to make themselves very knowledgeable and trade with maximum risk on the trading platform. Those who take maximum risk with little knowledge fail very fast in trading platform also those who are too greedy while trading also fail in trading platform because too much greed can never make a person successful in trading platform I am proof of that. I have seen on trading platforms that excessive greed always leads to failure.
I keep telling people that don't need to be stressing themselves to learn about the technicals of trading, things can better and one can learn how to just set up trading so that one can keep getting signals of different tokens to trade in the market.
There are so many crypto projects we can trade based on information we get in the market.
One don't have to take longer time to learn how to trade when we can make things easier by getting free or paid signals that could yield profits.









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April 04, 2024, 11:25:25 PM
 #219

One of the reasons why many traders fail on trading platforms is because they cannot adopt a good trading strategy. People who do not acquire proper knowledge of trading strategies lose very quickly on trading platforms.
Indeed. It is not easy to know right trading strategy. When we decide to use which trading strategy, we must do analysis or research first. We need to adjust the strategy with the current market condition. We also need to consider the strategy with the characteristic of the coins to trade. So, it is not a simple way to determine the trading strategy. Sure, it requires good knowledge to have a proper strategy in trading.

Those who take maximum risk with little knowledge fail very fast in trading platform also those who are too greedy while trading also fail in trading platform because too much greed can never make a person successful in trading platform I am proof of that.
It is true. If we force to trade hastily, the chance for a lose will be higher. Moreover, if we trade with a greed, it is another big reason to fail. These things must be avoided in trading, we must learn how to deal with these bad things. If we still can't deal with them, it is better to not trading, just focus on learning first.
Yes of course knowing the right strategy of trading is not easy.  Here to know the right trading strategy you need to be very knowledgeable no one can acquire the right trading strategy with little knowledge. We who are trading on trading platform are mainly trading with guesswork we never trade with proper trading strategy. If we had acquired the right trading strategy and traded then we would not have lost in trading. Especially I am losing a lot on the trading platform right now because I made some profit from a few trades and jumped into trading more quickly because of which I am now in a lot of losses. I fully understood from here that one should never rush and be greedy in trading platform.

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April 22, 2024, 06:31:39 PM
 #220

Quote from: bitzizzix
Trading is not an easy job and most failures are caused by lack of discipline, lack of research and analysis, and lack of risk management. And trading also requires experience and strong psychology to do it, and also don't ever think about getting short profits.
Everything requires a process and the most important thing is to learn everything related to trading, and also start with small capital to find out and develop knowledge and recognize the risks that exist.
Trading is not an easy job because you have to stay long in trading to begin to think very well, to know whether it is time to trade to accumulate profits from the market or time to hodl to avoid loss from the market by not trade at the moment than to exercise patience for the bull season to come before you can trade.

When you apply experience and psychology in your crypto trading, you will not find it difficult on what to do when others traders are panicking in the market because psychological, you know that the market price will still increase higher in the future before you can trade to make different profits.

Starting with small capital, it will give you the opportunity to learn a lot of things from trading and it will make you to become professional in trading with much experience.

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