Why do many people fail in trade?

[milewilda]

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.

It wasnt a job in the first place but if this is something that you could really be able to make yourself that do able to grasps in regarding about having good trades or soemthing that you could really be able to sustain on
then pretty sure that this could really be something that will really be good for making it as a source of income but of course there would really be no guarantees in speaking about being that profitable all the time.
This is whey there are people who are really just that simply making this as their side income on where they could really be able to make themselves that been not that being devastated on the time that they would really be having those losing trades. Failing is normal because we do commit out mistakes but doesnt mean that we cant be able to lessen up the risks of losing on which this would really be that a common approach to have.
You cant really just that make yourself that easily give up just because you have that been able to experience those unfortunate conditions.

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[Franctoshi]

There are couple of things that contributes to why we have many people not  profitable in trading. Number one, is In experience ,I'm of the opinion that experience is one major thing that contribute to the success of those that you see profiting today, they've gone through series of mistakes and thus they've learnt from it and become a better version of themselves you see and admire toady, secondly is indiscipline, many trader don't play by the the rules, Whereas trading is a game of rules if you hope to be successful. Then the third one is not taking risk management seriously, Risk management will keep you in the game even when you incur a loses , While the father of it all is greediness, greediness will lead you into doing some couple of stupid things in the market.

[nurilham]

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.

It shouldn't be stressful to learn about trading strategies or technical if we have a nature of traders. We must enjoy the learning process because it is a part of the success in trading. No success without an effort, no good understanding in trading without learning. So, learning is a must to do and we shouldn't think it is a burden. Anyway, we don't believe in any trading signals. It is better to do own analysis about the signals.

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.

What do you mean?
Learning about how to trade is a basic matter. Someone can use a demo trading for this matter.
Again, I say we don't trust any signal trading made by other people. We don't care about it whether it is paid or free.

[Hamphser]

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.

It wasnt a job in the first place but if this is something that you could really be able to make yourself that do able to grasps in regarding about having good trades or soemthing that you could really be able to sustain on
then pretty sure that this could really be something that will really be good for making it as a source of income but of course there would really be no guarantees in speaking about being that profitable all the time.
This is whey there are people who are really just that simply making this as their side income on where they could really be able to make themselves that been not that being devastated on the time that they would really be having those losing trades. Failing is normal because we do commit out mistakes but doesnt mean that we cant be able to lessen up the risks of losing on which this would really be that a common approach to have.
You cant really just that make yourself that easily give up just because you have that been able to experience those unfortunate conditions.

People should realize this so that they wont really be hurrying up themselves on the time that they would be dealing up with trading. Just like you said that trading is risky but its something that could give out that kind of opportunity on which you could make out money if you done it well but of course it would really be taking up some time and it wont be something easy.
The wrong thing about other people been thinking that they could be able to easily learn up trading, this is a skill that will really be taking up tons of time and you would be needing to past up tons of losing scenario and those hard moment before you would be able to learn. This is why on the time that you would be dealing up with trading then better make yourself that get prepared on this one.

[poodle63]

There are couple of things that contributes to why we have many people not  profitable in trading. Number one, is In experience ,I'm of the opinion that experience is one major thing that contribute to the success of those that you see profiting today, they've gone through series of mistakes and thus they've learnt from it and become a better version of themselves you see and admire toady, secondly is indiscipline, many trader don't play by the the rules, Whereas trading is a game of rules if you hope to be successful. Then the third one is not taking risk management seriously, Risk management will keep you in the game even when you incur a loses , While the father of it all is greediness, greediness will lead you into doing some couple of stupid things in the market.

its always these three things most people that fail at trading are just newbies that just doesn't really have idea what they're doing and what they shouldn't do most of the newbies that i've seen before hand always right off the bat trying to get more profit by betting on future trading while there's certainly some degree of chance that they gonna make profit but the nature of many crypto is not as less volatile compared to other investment instrument making future trading a double edged sword.
its always best advised for newbie to just stick with investing in spot, if worse come to worst, they can save themselves by not cutting lose and instead wait for another bull cycle.
just see at those people that are newbies that buys at peak in previous bullrun had they keep holding they will get profit, the question though how long can they keep themselves from cutting lose.

[boty]

There are couple of things that contributes to why we have many people not  profitable in trading. Number one, is In experience ,I'm of the opinion that experience is one major thing that contribute to the success of those that you see profiting today, they've gone through series of mistakes and thus they've learnt from it and become a better version of themselves you see and admire toady, secondly is indiscipline, many trader don't play by the the rules, Whereas trading is a game of rules if you hope to be successful. Then the third one is not taking risk management seriously, Risk management will keep you in the game even when you incur a loses , While the father of it all is greediness, greediness will lead you into doing some couple of stupid things in the market.

When someone can learn from the failures experienced by someone and make this a lesson for them, of course this will be very good and will be very useful for them when they return to trading and they must have patience in going through this process, because there are some people who have experienced several failures in trading and they choose to leave trading at a loss, of course this is very unfortunate because they are impatient with the process they have to go through.

For some traders who don't follow the rules, of course they trade like gamblers and they don't do it based on the knowledge they have and most of them trade greedily which makes it difficult for them to make a profit and all they get is a loss from the trade.

[bakasabo]

I will say that one of reasons why people fail in trade is the lack of experience. And many are lacking enough experience, because each error is costly. It might not cost much to learn, entrance level is affordable for everyone. But each mistake hurt pride a lot, each mistake makes people to think about stopping, each mistake resets to zero all previous achievements.

[Baki202]

There are couple of things that contributes to why we have many people not  profitable in trading. Number one, is In experience ,I'm of the opinion that experience is one major thing that contribute to the success of those that you see profiting today, they've gone through series of mistakes and thus they've learnt from it and become a better version of themselves you see and admire toady, secondly is indiscipline, many trader don't play by the the rules, Whereas trading is a game of rules if you hope to be successful. Then the third one is not taking risk management seriously, Risk management will keep you in the game even when you incur a loses , While the father of it all is greediness, greediness will lead you into doing some couple of stupid things in the market.

Not everyone will succeed in crypto and there are lots of people that have tried trading but have failed, they are not patient enough to have succeeded, just little knowledge some people will think they have known it all, and that from knowing it all that is when you see people making mistake and losing money and truly experience matters a lot. you need to have gathered enough experience to make money from trading. serious learners, learn everyday.

Majority of them don't even know the rules so they can reflect what they don't know, and i love trading still learning and before i start anything i would have gathered enough knowledge before the commencement of my journey in crypto.  if is about risk i love taking risk and i believe that in risk their is hidden treasures.

[AnonBitCoiner]

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.

Learning is very important in case of investment and trading but some people focus more on accumulating money for trading instead of accumulating knowledge for it so for them it becomes very difficult to earn from trading. Learning and saving money for trading can also be possible at the same time therefore continue the process of learning and don't stop until your learning helps you to find a fruit of your hard work.

Humans are so impatient that they don't want to get complete knowledge but move towards trading but by doing so they are finding trading as more hazardous and money consuming than money earning. Give a large part of your time to trading and then you can trade with confidence and your confidence will increase with increasing learning and getting experience.

[Mahanton]

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.

Learning is very important in case of investment and trading but some people focus more on accumulating money for trading instead of accumulating knowledge for it so for them it becomes very difficult to earn from trading. Learning and saving money for trading can also be possible at the same time therefore continue the process of learning and don't stop until your learning helps you to find a fruit of your hard work.

Humans are so impatient that they don't want to get complete knowledge but move towards trading but by doing so they are finding trading as more hazardous and money consuming than money earning. Give a large part of your time to trading and then you can trade with confidence and your confidence will increase with increasing learning and getting experience.

Sooner or later you would really be able to realize that you shouldnt really be having that kind of mindset or kind of perception towards trading because once you do have this then you wont really be able to done
up something well on whatever you've been engaging which it isnt good. Failing is normal, the only issue on here is that not all would really be that having that kind of open mindedness on what are the things that they could possibly be able to encounter or something that they would be able to experience on which you would really be having that kind adjustment just like on what others been saying on here.

You wont really be able to survive or would succeed on trading field if you do have that kind of impulsive approach. On the time that you would really be able to encounter loses then the best
that would be done is that you would really be acting out and finding up ways on how to make your next trades to be profitable because once you find yourself
that panicking then it would really be just worsen out the situation.

[Dewi Aries]

I think there are quite a lot of factors that cause someone to fail in trading, firstly in terms of the mindset they carry from the start, such as assuming or thinking that trading is a quick way to get rich, and this is wrong because after all there is no such thing as instant success. , it means the same thing that you also have to go through various processes along with various difficulties that exist in the world of trading and for me the most difficult thing is controlling and/or trying to stay okay when experiencing losses, which has been proven that most traders fail. because he couldn't control himself. When someone thinks that trading is a quick way to get rich then I can confirm that they only focus on "profits" which means they may look for profits in the wrong way, don't want to learn, depend on other people's signals, are easily tempted by the lure of - the promise of big profits, even though it doesn't make sense, is offered by other people until they end up being deceived and losing a lot of money.

The second is lack of experience, but yes I think this should not be used as a reason for failure because after all you can gain experience and knowledge if you are willing to learn to achieve success, which means that most traders fail because they don't want to learn and don't want to proceed.