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Author Topic: Why are people getting scared to Trade  (Read 2963 times)
Pandu Geddon
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June 09, 2024, 04:31:48 PM
 #241

People fear trading for a variety of reasons. One of the primary reasons is a fear of losing money.

the fear of losing money is unfounded. because they don't have trading skills they are afraid to try it. Even in the process of learning to trade, they may spend quite a bit of money.
Other fears may arise because finances are still unstable. It's very easy to have an interest in trading if you see friends or videos of people's success in trading. but if your finances are still unstable and you force yourself to start trading it could have a bad impact on your finances.

Trading is not as easy as we think. there is a lot to learn and prepare before getting serious about trading.

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June 09, 2024, 04:55:37 PM
 #242

You are supposed to know trading is very risky,every one who trades has his mind and emotions to deal with.The reasons why most persons are so scared of trading is simply because losing is very common,It is just like gambling,where anything can happen,you can win at anytime depending on the strategies you use.
That is why people avoid trading,If you should lose,your mind won't be at rest because of the amount you invested in it,so it is better for those who have a strong mind and are financially bouyant enough,but for those who barely feed,it is will be difficult to indulge in trading.
Indeed, every time we trade in the market, losing a lot of money makes us anxious (panic) and anxious about carrying out trading activities, which is why many people don't like this job. If we don't want to lose more money, it's better to choose something safe, choose the spot method, it's not that we don't want to try trading, but our knowledge about trading is still very minimal. Only a few people are able to pass it or be successful in this one job, their perseverance (determination) in learning and patience over the years during this process is what other people cannot afford to lose a lot of time and money.

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June 09, 2024, 04:58:47 PM
 #243

People fear trading for a variety of reasons. One of the primary reasons is a fear of losing money. The market's unpredictability and volatility can cause huge financial losses, which can be alarming for many people ( for airdrop having this kind of way to earn with.zero.cost) There is also a dread of making bad judgments and then regretting them. Trading also entails some level of risk and uncertainty, which can be scary for individuals unfamiliar with the industry.
The huge risk and with a very unpredictable market makes everyone not just stick to trading because it is very likely to lose money quickly, honestly many people are interested in trading but trading is not as easy as imagined this is what makes most people unable to survive in trading.

In comparison to airdrops, there are many that are capital-free or free but not all airdrops have great profit potential there we also have to hope for luck from the many airdrop programs that take place, but more interestingly this can be accessed for free but still has the possibility.
I am also actively trading and also participate in airdrop events on the side, the important thing for me is to be able to get profit whatever it is.

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June 09, 2024, 07:19:36 PM
 #244


Most of these people do not have the finances to trade so with the little capital they have in their trading account they tend to manage it and take high risks and that is why they are scared of trading most of the time.

Honestly, it is really scary to trade when someone is not financially okay because the little amount you may have might make you not want to take risks. Even if you have good knowledge of trading, the high risk involved can be daunting. Nobody wants to lose it all, but if someone is financially okay, taking some risks won't be too scary because they know that even if they lose, they still have more in their account. In fact, I would not even advise anyone who is not financially okay or does not have other sources of income to involve themselves in trading.

Experience in trading doesn't mean a trader will continuously be in profits

It is not every day that a trader will be at a profit. There are days they also loses, no matter how professional someone may be term trading. Trading is not that easy; it is something hard to make profits from. But with good knowledge, people are making some reasonable profit from it, despite it not being every day. In fact, it is not necessary for profits to come continuously, but it should always just be a reasonable amount of whenever the profit is coming. Nowadays, some traders make profits often, but it is usually a very small amount of profit.

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Egii Nna
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June 09, 2024, 08:08:02 PM
 #245

People fear trading for a variety of reasons. One of the primary reasons is a fear of losing money. The market's unpredictability and volatility can cause huge financial losses, which can be alarming for many people ( for airdrop having this kind of way to earn with.zero.cost) There is also a dread of making bad judgments and then regretting them. Trading also entails some level of risk and uncertainty, which can be scary for individuals unfamiliar with the industry.

Fear of loss is not bad, but fear or risk is very bad, and that can make you stay at the same spot for a long period of time because who doesn’t take risk will always stay at the place he is yesterday. Risk is a paved way to riches, so why be afraid? One thing people who are afraid of trading lack is knowledge because there is stop loss, and no matter the amount you put in trading, you will still put stop loss, which even though you are not active, you will not lose. more than that, which definitely means that you can put your stop loss at the amount you can afford to lose. 

So to me, there is nothing to be afraid of because in trading, you just need knowledge, and with that, you are covered, and failure is also part of knowledge and success, so even if you don’t use your money to trade or do anything pertaining to crypto, you will still invest in some physical investments, which even there you can still lose, so loss is everywhere. 

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June 09, 2024, 09:57:52 PM
 #246

You are supposed to know trading is very risky,every one who trades has his mind and emotions to deal with.The reasons why most persons are so scared of trading is simply because losing is very common,It is just like gambling,where anything can happen,you can win at anytime depending on the strategies you use.
That is why people avoid trading,If you should lose,your mind won't be at rest because of the amount you invested in it,so it is better for those who have a strong mind and are financially bouyant enough,but for those who barely feed,it is will be difficult to indulge in trading.
Indeed, every time we trade in the market, losing a lot of money makes us anxious (panic) and anxious about carrying out trading activities, which is why many people don't like this job. If we don't want to lose more money, it's better to choose something safe, choose the spot method, it's not that we don't want to try trading, but our knowledge about trading is still very minimal. Only a few people are able to pass it or be successful in this one job, their perseverance (determination) in learning and patience over the years during this process is what other people cannot afford to lose a lot of time and money.
Its because trading is not an easy thing. If a trader doesnt have enough knowledge, skill, and experience, then expect that it will only make lose trades. Thats why a trader should also have a very long patience so that it could hone its skill, gather more knowledge, and build its experience in trading. Losing in trading and stopping from pursuing it means that the trader doesnt have the guts to take it or face it. In order to be profitable, you should be ready to accept all losses and learn from them. Not giving up on trading will be worth it. You just need to be firm and get better as you trade and as the time is running. I myself cannot be considered an expert in trading because I know I still have room to improve, but I'm proud to say that I can gain profit in trading, and usually it is through long trades so that I can maximise the potential profit and also give time to the trade and wait for the earnings.

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June 09, 2024, 10:21:41 PM
 #247

Fear of loss is not bad, but fear or risk is very bad, and that can make you stay at the same spot for a long period of time because who doesn’t take risk will always stay at the place he is yesterday. Risk is a paved way to riches, so why be afraid? One thing people who are afraid of trading lack is knowledge because there is stop loss, and no matter the amount you put in trading, you will still put stop loss, which even though you are not active, you will not lose. more than that, which definitely means that you can put your stop loss at the amount you can afford to lose. 

So to me, there is nothing to be afraid of because in trading, you just need knowledge, and with that, you are covered, and failure is also part of knowledge and success, so even if you don’t use your money to trade or do anything pertaining to crypto, you will still invest in some physical investments, which even there you can still lose, so loss is everywhere. 

That's totally gamble if you randomly put your stop loss without analyzing the market price action that's too risky it would likely always hit your stop loss instead of making a profit.
The only reason why people are getting scared it is because they are not confident about the position they made and lack of knowledge but why would you go into live trading without practice that's totally gamble you should start with paper money to build up your confidence and to test the strategy that you learn anywhere before going to live trading.
Sample make a challenge for your self that you can profit with your paper money once you are able to make a profit on paper money and you learn how the market works then go for live trading and make sure that the capital you are going to trade are small amount that you can afford to lose so that you can control your emotion before you go into live trading.

Making a profit in trading is not instant it needs patience and you should learn from mistakes you made while you are trading with paper money.

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June 09, 2024, 10:34:23 PM
 #248

Rather than talk about other people's fears, I'm going to talk about mine. As someone that has lost of his trades, missed some, got in early on some and getting out before the market went to the intended direction I predicted it would go. My biggest fear is not being confident and disciplined with my trades. It's really easy to start trading but hard to keep at it when trades don't pan out nicely like we'd like them to. This is why I've taken a step back to build a much stronger psychology because as much as one can be good as a technical analyst, if you don't have a good psychology to go alone with it, you might never be successful and that fear of being an unsuccessful trader will eat you up.

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June 09, 2024, 11:12:12 PM
 #249

Trading is not as easy as we think. there is a lot to learn and prepare before getting serious about trading.

That true mate I agree with you that Trading is not easy. In trading you will be need a lot of effort. Thus, you also need to be aware himself form all the knowledge that is required for trading. Apart from this, the most important thing is experience, which is a very important thing for every trader. Trading without experience + knowledge is like gambling. That means to become a good trader, you have to learn all these topics which are not within the reach of an ordinary person. In which one has to learn things like knowledge + experience, technical analysis, fundamental analysis, market sentiment, dynamics, etc., which is a very difficult task. And above all, it is not to be learned but to be monitored and applied as soon as there is a suitable opportunity. 
 
So you are right that Trading is a very effortable job.

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June 10, 2024, 02:05:04 AM
 #250

People fear trading for a variety of reasons. One of the primary reasons is a fear of losing money. The market's unpredictability and volatility can cause huge financial losses, which can be alarming for many people ( for airdrop having this kind of way to earn with.zero.cost) There is also a dread of making bad judgments and then regretting them. Trading also entails some level of risk and uncertainty, which can be scary for individuals unfamiliar with the industry.
It is true that those who do not dare to trade are because they are afraid of losing their money on the trades they make, but it will all become easier when you understand everything you are doing in trading and for those who understand trading well, of course they already know what they can do and what they shouldn't do that makes them experience losses in trading, so I think it would be better to understand first what we will do so as not to experience losses in trading and after they understand well what they Of course, they will be able to reduce the potential losses they will incur from the trades they make.

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June 10, 2024, 07:37:26 AM
 #251

Rather than talk about other people's fears, I'm going to talk about mine. As someone that has lost of his trades, missed some, got in early on some and getting out before the market went to the intended direction I predicted it would go. My biggest fear is not being confident and disciplined with my trades. It's really easy to start trading but hard to keep at it when trades don't pan out nicely like we'd like them to. This is why I've taken a step back to build a much stronger psychology because as much as one can be good as a technical analyst, if you don't have a good psychology to go alone with it, you might never be successful and that fear of being an unsuccessful trader will eat you up.
Confidence is a very important thing in trading, because with confidence we might be better at analyzing. The reason is that when we analyze without confidence, it will make our minds disturbed and we are not sure about what we have just done, this is not good for our mentality.
Discipline is also important, because with discipline we will be able to be consistent with what we do. For example, when determining a profit target, usually in a profitable situation, greed will start to come into our minds and that encourages us to continue holding back, even though our profit target has been achieved. We can control this if we can be disciplined, even though in the end the market will continue to provide greater profits, but in my opinion we must prioritize our targets at the start.

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June 10, 2024, 09:39:49 AM
 #252

the fear of losing money is unfounded. because they don't have trading skills they are afraid to try it. Even in the process of learning to trade, they may spend quite a bit of money.
Other fears may arise because finances are still unstable. It's very easy to have an interest in trading if you see friends or videos of people's success in trading. but if your finances are still unstable and you force yourself to start trading it could have a bad impact on your finances.

Trading is not as easy as we think. there is a lot to learn and prepare before getting serious about trading.

Any trader will lose money, especially for beginners who are just learning and trying to find their own working strategy. Training will also mean losing money, otherwise it will be impossible to check what works best for you. A beginner will most likely learn from day trading in order to try out everything that interests him as quickly as possible, but in the end he will come to the conclusion that medium-term trading and long-term trading will be the most optimal, I say so, because this happens in most cases. And at first, when it seems that trading is too difficult, they may think that trading is not for them, everyone goes through this.

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June 10, 2024, 11:11:26 AM
 #253

We all know what trading means and how it can be risky atimes,but the risk shouldn't shy us away from making investments or trading more.People who don't feel it is necessary to trade because they may have suffered lose in previous activities in trading will have the Ennui to continue trading because they have been a victim before,but to me,I think as much as we derive different strategies towards trading,everyday is not always a bad day,so trading more with different strategies can only get us a better result than quitting when tommorow can be better.

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June 10, 2024, 02:59:21 PM
 #254

the fear of losing money is unfounded. because they don't have trading skills they are afraid to try it. Even in the process of learning to trade, they may spend quite a bit of money.
Other fears may arise because finances are still unstable. It's very easy to have an interest in trading if you see friends or videos of people's success in trading. but if your finances are still unstable and you force yourself to start trading it could have a bad impact on your finances.

Trading is not as easy as we think. there is a lot to learn and prepare before getting serious about trading.

Any trader will lose money, especially for beginners who are just learning and trying to find their own working strategy. Training will also mean losing money, otherwise it will be impossible to check what works best for you. A beginner will most likely learn from day trading in order to try out everything that interests him as quickly as possible, but in the end he will come to the conclusion that medium-term trading and long-term trading will be the most optimal, I say so, because this happens in most cases. And at first, when it seems that trading is too difficult, they may think that trading is not for them, everyone goes through this.

Of course, as you said that any trader will definitely experience losses, meaning that the possibility of loss is a risk that can never be separated in the world of trading regardless of who you are even though for example you are a professional trader in the sense that you already have a lot of experience and high flying hours. On the other hand, yes it is true as you said that the training phase also means a process that has the potential to lose money, because of course in any case in order to gain knowledge, one must first make mistakes.

On the other hand I am interested in your idea above which says that in some cases there are some people who fail who ultimately say that trading is not for them, and I am sure that when they try other things or other fields then when they experience difficulties again they will most likely also say the same thing “this is not the right place for me”, meaning this is why a strong mentality is really needed.

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June 10, 2024, 03:05:58 PM
 #255

We all know what trading means and how it can be risky atimes,but the risk shouldn't shy us away from making investments or trading more.People who don't feel it is necessary to trade because they may have suffered lose in previous activities in trading will have the Ennui to continue trading because they have been a victim before,but to me,I think as much as we derive different strategies towards trading,everyday is not always a bad day,so trading more with different strategies can only get us a better result than quitting when tommorow can be better.

Well said.

The losses are room given to Traders to review what lead to the losses and become more better, everything is about Risk as Nothing good comes easy, if Traders shy away or give up what was the necessity of starting out in the first place, When a Man embarks on a journey it would be fruitless if he returns back because they were obstacles on the way, instead of him finding another route or remove the obstacles such person would not see the results of others who scale through.
Traders need get up, put in more efforts and see till the end.
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June 10, 2024, 03:14:05 PM
 #256

We all know what trading means and how it can be risky atimes,but the risk shouldn't shy us away from making investments or trading more.People who don't feel it is necessary to trade because they may have suffered lose in previous activities in trading will have the Ennui to continue trading because they have been a victim before,but to me,I think as much as we derive different strategies towards trading,everyday is not always a bad day,so trading more with different strategies can only get us a better result than quitting when tommorow can be better.
I see you made mentioned of exploring different strategies to trade, to me it's good to have different strategies to trade but have you asked if having all these strategies and yet someone doesn't make profits maybe doesn't stabilized yet what could be their fate at the cause of exploring different methods to trade. Naturally I will say is better to have a well developed methods to trade that would always favor someone while trading at least they will be sure of their little profits or some percentages per month as they keep trading gradually.

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jeraldskie11
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June 10, 2024, 04:33:13 PM
 #257

We all know what trading means and how it can be risky atimes,but the risk shouldn't shy us away from making investments or trading more.People who don't feel it is necessary to trade because they may have suffered lose in previous activities in trading will have the Ennui to continue trading because they have been a victim before,but to me,I think as much as we derive different strategies towards trading,everyday is not always a bad day,so trading more with different strategies can only get us a better result than quitting when tommorow can be better.
I see you made mentioned of exploring different strategies to trade, to me it's good to have different strategies to trade but have you asked if having all these strategies and yet someone doesn't make profits maybe doesn't stabilized yet what could be their fate at the cause of exploring different methods to trade. Naturally I will say is better to have a well developed methods to trade that would always favor someone while trading at least they will be sure of their little profits or some percentages per month as they keep trading gradually.
I learned different strategies but it only makes me confused. So my advice to an empty cup trader is to focus only one strategy. Because all strategies are working but not them all provide 100% win rate. So if we keep changing strategies because we thought we can find that really works for us, we are wrong. It only adds confusion to our analysis.
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June 10, 2024, 06:20:03 PM
 #258

I learned different strategies but it only makes me confused. So my advice to an empty cup trader is to focus only one strategy. Because all strategies are working but not them all provide 100% win rate. So if we keep changing strategies because we thought we can find that really works for us, we are wrong. It only adds confusion to our analysis.

I completely agree with that, and it is not only about trading but about anything that a person does, if they try a lot of methods, even if all of them are working, they would get confused and think that they still need to find other methods that might work better than the current ones when in reality, all of them are working well but they are just getting themselves confused.

Similarly, when you are trading, if you don't stick to a single strategy and keep looking for new strategies and keep switching, this might affect your trades negatively instead of giving you better opportunities. I know that some strategies might not work for some people, but one should stick to a strategy that they think is working and should only improve and improvise in that strategy to make it better over time.

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June 10, 2024, 06:53:41 PM
 #259

I learned different strategies but it only makes me confused. So my advice to an empty cup trader is to focus only one strategy. Because all strategies are working but not them all provide 100% win rate. So if we keep changing strategies because we thought we can find that really works for us, we are wrong. It only adds confusion to our analysis.

I completely agree with that, and it is not only about trading but about anything that a person does, if they try a lot of methods, even if all of them are working, they would get confused and think that they still need to find other methods that might work better than the current ones when in reality, all of them are working well but they are just getting themselves confused.

Similarly, when you are trading, if you don't stick to a single strategy and keep looking for new strategies and keep switching, this might affect your trades negatively instead of giving you better opportunities. I know that some strategies might not work for some people, but one should stick to a strategy that they think is working and should only improve and improvise in that strategy to make it better over time.
Not really that much that could precisely reflect out on such condition or pertains about on trying out to compare to trading.Yes, we would really be finding strategies that could give out that chance on making a profitable trade but we do really know that when it comes to trading then we do have different market conditions on which at the moment that you would be able to face up such condition then you would really be that normally be able to adjust on what are the strategies that you would be using. Market is indeed that volatile and does have different market situations or conditions on which at the moment that it would happen then it would really be just that right that you would be adjusting accordingly. This is why at the moment that you would really be able to encounter such condition then you would be needing to adjust.

You would really be just getting scared to trade if you are really that not ready or really that being prepared on handling out a volatile market and doesnt really want nor like to lose money.
On the moment that you would be that prepared and having that kind of interest on dealing up with trading then you would really be that trying to cope up with those things
and would really be that be versatile on what you would be doing.

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June 11, 2024, 07:12:06 AM
 #260

So, like I said earlier I'll do some research about this and I realised that most of you are right. I just discovered that there are many ways people make money out of events, I wasn't too diverse at first before I posted earlier but now I understand.

Judging from these two links the first one is still ongoing while the second one finished last year. So it seems there are different ways to get money in a simple term and be safe with your assets not necessarily mean you must trade especially if you're using a cex

For this space we have several ways to make money and it can be done if we understand how.
Why many people don't like trading is because they don't understand how to do it so there are a lot of risks involved when trying to do it.
I never want to recommend exchanges but I just love it when people actually hold onto the best assets like bitcoin. Trading can be carried out when someone understands how to do it and they must also master how to trade correctly.

Both investing and trading require money and neither can be done if you don't have money. Simply put, you can trade when you are ready to face the risk and most importantly you have the skills to carry it out.

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