justdimin
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May 23, 2024, 09:20:32 AM |
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Anyone can try trading, but it's way more than just buying low and selling high. You need a certain mindset, the guts to handle risk, and you gotta be constantly learning to survive in the crazy crypto world. Sure, anyone with an internet connection can open an exchange account, but that doesn't mean they've got the discipline to stick to a plan, the emotional control to deal with losses, or the brains to figure out what's happening in the market. For some, trading is a fun way to make some extra cash while it's a stressful mess that ends up costing us money in most cases. Better be honest with ourselves about what we want out of it, what we're good at, and how much risk you can stomach before jumping in. Some people make decent side income, but others lose their shirts. Be real about what you're getting into. If you decide to go for it, do your research, make a plan, and be smart about your risk. In the trading game, it's all about discipline, patience, and learning from your screw-ups. Just my 2 cents.
The ability to study without getting into trading itself too early is another one of the situations. A lot of people do not realize that but you need to be careful about that part. I have seen way too many people end up getting into trading right away, because they think that they could make a lot of profit from it, but the reality is that most of them do not make that kind of profit, it ends up being a wrong move to jump into it right away. I personally hope that people could take their time and see where it leads them while learning. After you learn some, then you can start making some money but that won't be all that easy, it is going to take a lot of time and effort to get to that point, so you need to be patient about it for sure.
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Bushdark
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May 23, 2024, 11:04:48 AM |
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No. Trading is only to those who are strong, determined, persistent until they are consistently profitable. Because trading will constantly ripped you off. If you are not able to cope with the changes in the market, it will teach you that lesson in a way of losses. In trading there should be a constant learning and progression of your trading in many aspects. It could be in your system itself, risk management, psychology, exit strategy, or the market sentiment itself. That's why trading is hard and it is only for the people who are willing to put in the work.
well, many think that trading is suitable for everyone. In fact, I came across several cases that some people traded without any basis and followed the hype, and ended up losing. This makes them frustrated because they use up the main money they have, so they say they regret trading. However, I think not everyone will be suitable for trading, especially if he gets stressed easily. We need to understand that trading is not meant for everyone. There are people that cannot be patient and play by the rules of trading and the patients it requires to keep learning even when we are losing trades. Those who are professional traders and have been in the market for long could tell us somethings about trading that most newbies are not aware about. We need to be ready for the risk for us to make money from the market.
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tottong
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May 23, 2024, 12:20:53 PM |
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I may say that some did it by luck but that's inconsistent and we only choose the consistency if it's with trading.
In fact, I was laughed at by people before because they said it would be difficult to survive in trading when you always experience losses. There is no luck when it comes to trading and rapidly changing market conditions can result in losses when people do not have a strategy in trading. Even people who have a lot of experience in trading are not able to avoid losses at certain times. Yes, even the best traders also losses sometimes. And that's the market behavior that I am telling, while them being experienced they are also moving on the point that they are doing it with the futures.
So with sudden fluctuation, they get liquidated so if they don't see it happening then the newbies are prone to it.
The difference is that experienced people can recover losses in subsequent trades and they have much better mental preparedness compared to beginner behavior. There is no guarantee that trading can always produce profits because we talk about market fluctuations in the coins we trade. But when we have the ability to control ourselves then trading will be much easier for us to carry out.
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Vinaa77
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May 23, 2024, 01:35:30 PM |
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We need to understand that trading is not meant for everyone. There are people that cannot be patient and play by the rules of trading and the patients it requires to keep learning even when we are losing trades. Those who are professional traders and have been in the market for long could tell us somethings about trading that most newbies are not aware about. We need to be ready for the risk for us to make money from the market.
After we understand trading well, of course we have realized whether we are worthy of trading and making a profit from it or not, because without understanding it well it is very impossible to enter trading and if we force ourselves of course this is very likely. we will experience a loss on the trade. In trading, of course we have to go through various stages in order to be able to trade to make a profit and most importantly we have to be patient with every process we have to go through and we have to be able to do it carefully so as not to make decisions that are detrimental to ourselves.
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AnonBitCoiner
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May 25, 2024, 06:20:46 AM |
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It's absolutely true. Basically, everyone can trade as long as he knows how to buy and sell coins on exchanges. But it is not as simple as selling or buying coins only! To succeed in trading, it requires knowledge and experience. That's why it is very important to take some lessons first before we star trading any coins. People who never has the intention to take lessons, it is small chance to succeed. It is because to trade properly, we need to take some research or do analysis. These can't be done if we have no knowledge. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Agree with you Knowledge is very much important and if someone claims that he will win his trade without knowledge then there is no more foolish person than him. Some people first trade and when they lose money many times then they start to learn but I think if their first step was learning and the second was getting experience through practicing his knowledge then there is a chance that his earning will be more than his loss. Indeed. Many people become traders because they are dreaming to be rich people instantly. This is surely the wrong way, there is no instant way to be rich in trading. Those professional traders must spend a long time before they know well trading. It is just something impossible to master trading in few days or in few weeks. And we must accept challenges in trading, too. Sometimes we get losses, and sometimes the market trends can change easily. There are many unexpected things to happen that we must be patient to face them. The dream of gaining huge money Instantly never comes true and if someone is trading just to become wealthy in a month then they are in error. They assume that professional traders have got their name instantly but they don't know about their sacrifices, hard work, knowledge and talent which they utilize for years and now if they are getting huge profit then they also have lost in early stages but they learn from those losses and now they are in better positions.
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CroverNo01
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This topic is not a new one,we all know trading is not for everybody,and not everybody can even think about it because of the risks involved in it.Those who are trading on daily basis needs to be commended because losing money Everytime is not easy.It is not everybody's thing.We all know the mind game involved in trading,it has to deal with emotional attachment and the rest, therefore if your mind isn't strong yet on losing money,you don't have to even try it,else your money will go to where you don't know,and it will really hurt you so much that your money was sent on something that didn't benefit you.
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MissNonFall9
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June 02, 2024, 04:44:57 PM |
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Trading is definitely not for everyone as trading is a matter of great skill and knowledge. Whereas with less knowledge and experience the possibility of facing losses is very high. Practically every human being has a special attraction towards money. When they hear that there is a lot of money-making potential in a medium, that the person is usually interested in working there. It is normal but to do that he needs to have a lot of patience, gain a lot of experience and come to a conclusion by analyzing the previous statistics. So when a person comes directly into trading without analyzing all this knowledge, experience and past statistics, he will not be able to come out of it with profit. So to work in trading we must come through a certain process and progress slowly.
Trading is for everyone but it is not everybody that will be a good trader. The reason is that it is not everyone that claims to like trading wants to learn trading, some of them don't want to sacrifice their time and resources to learn trading for a long time with practice, instead the want people that will give them signals to trade with. It is those that understand that trading is complex and needs a very long time to learn and have your own trading strategy that takes their time to learn trading, and most times they become good at trading. It is the time that we put into whatever that we are learning that determines the knowledge in us. Jumping into trading because you see Influncers on social media flaunting their wealth around, then you will not be patient enough to learn trading because they make trading look so simple when it is very complex. Everyone indeed has the right to enter into trading and the reality is that without having the mindset and skills in trading and the love of trading with patience success cannot be achieved. So if we don't have enough practice and patience should not come to trading. This is not trading for those who don't want to invest their time and resources to learn trading or just want to work with signals. Those who have the mindset that trading must be successful can become the owners of a lot of money or not trading for those who are arrogant about trading. And yes we would do well to stay away from those who present such work too easily.
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Xampeuu
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June 03, 2024, 06:38:05 AM |
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This topic is not a new one,we all know trading is not for everybody,and not everybody can even think about it because of the risks involved in it.Those who are trading on daily basis needs to be commended because losing money Everytime is not easy.It is not everybody's thing.We all know the mind game involved in trading,it has to deal with emotional attachment and the rest, therefore if your mind isn't strong yet on losing money,you don't have to even try it,else your money will go to where you don't know,and it will really hurt you so much that your money was sent on something that didn't benefit you.
It really takes a mental level to accept all risks, especially with trading, our biggest risk is that our money runs out, but with good knowledge and experience we can reduce the risk number, so that the worst risk does not occur. At first glance it looks easy, but if we experience it then there are many complex problems that must be overcome to become a pro trader. On the other hand, of course, to achieve it requires a long process, and whether it's good or bad, we have to be able to enjoy it
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Albarq
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June 03, 2024, 01:27:54 PM |
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It really takes a mental level to accept all risks, especially with trading, our biggest risk is that our money runs out, but with good knowledge and experience we can reduce the risk number, so that the worst risk does not occur. At first glance it looks easy, but if we experience it then there are many complex problems that must be overcome to become a pro trader. On the other hand, of course, to achieve it requires a long process, and whether it's good or bad, we have to be able to enjoy it
From a mental perspective, patience is needed, just like trading, you have to understand before you dive into it that it takes quite a long process before you succeed and get the expected profits. At least we try new things to advance ourselves.
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Dewi Aries
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June 03, 2024, 03:44:54 PM |
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This topic is not a new one,we all know trading is not for everybody,and not everybody can even think about it because of the risks involved in it.Those who are trading on daily basis needs to be commended because losing money Everytime is not easy.It is not everybody's thing.We all know the mind game involved in trading,it has to deal with emotional attachment and the rest, therefore if your mind isn't strong yet on losing money,you don't have to even try it,else your money will go to where you don't know,and it will really hurt you so much that your money was sent on something that didn't benefit you.
It really takes a mental level to accept all risks, especially with trading, our biggest risk is that our money runs out, but with good knowledge and experience we can reduce the risk number, so that the worst risk does not occur. At first glance it looks easy, but if we experience it then there are many complex problems that must be overcome to become a pro trader. On the other hand, of course, to achieve it requires a long process, and whether it's good or bad, we have to be able to enjoy it Yes, this mentality is not owned by most traders, especially those beginners who have not been involved in the world of trading for a long time, and I will say that trading promises profit but does not guarantee that you will always be able to make a profit, because after all there is another part that can never be separated, namely the risk of loss. This means that to become a good trader, we must first understand how the world of trading really is, don't just look at the profit opportunities, but we must also realize other facts, namely from the negative side of the risk of loss. However, there is no way or strategy that has 100% accuracy, but by having planning, management, risk management along with good mental and psychological, we will avoid various significant losses that are not wanted. As you said that by having knowledge and experience, we will be able to minimize the number of risks, and one thing I would strongly suggest is that you must really be able to control yourself and your emotions, because usually in some cases that is what triggers more significant losses.
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junmisakiro
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June 04, 2024, 12:35:53 PM |
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Most times at the process of learning your trading you make money by holding and after you may have gain your bases then you can fund your account to continue your trading than trying to be in haste to make profits from trading, since everyone is on the move about trading you decided to follow that part with or without knowing trading is not for everyone. You have to discover your place in crypto-space if you noticed you aren't making progress in trading then divert to investment and, you must know the types of coin you will invest.
Not necessarily everyone likes the world of trading. because trade involves the activity of buying and selling goods or services with the aim of getting a reward. To get involved in trading requires trading or business knowledge if you don't want to experience big losses. Although in trading there are certainly risks, with trading knowledge, you can minimize the possibility of risks occurring. So, not everyone has the access or expertise to engage in trading.
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Vinaa77
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June 04, 2024, 03:00:30 PM |
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Most times at the process of learning your trading you make money by holding and after you may have gain your bases then you can fund your account to continue your trading than trying to be in haste to make profits from trading, since everyone is on the move about trading you decided to follow that part with or without knowing trading is not for everyone. You have to discover your place in crypto-space if you noticed you aren't making progress in trading then divert to investment and, you must know the types of coin you will invest.
Not necessarily everyone likes the world of trading. because trade involves the activity of buying and selling goods or services with the aim of getting a reward. To get involved in trading requires trading or business knowledge if you don't want to experience big losses. Although in trading there are certainly risks, with trading knowledge, you can minimize the possibility of risks occurring. So, not everyone has the access or expertise to engage in trading. It is true that not everyone will like trading because it carries risks if you don't do it well and correctly and to be able to trade and make a profit, of course we must first understand well what we will do in trading so that we can make a profit in trading. what we do and to have expertise in trading, of course we must first be able to understand trading well and after we understand, we can practice with a little capital first so that we have experience in trading.
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Pandu Geddon
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June 04, 2024, 03:13:29 PM |
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Not necessarily everyone likes the world of trading. because trade involves the activity of buying and selling goods or services with the aim of getting a reward. To get involved in trading requires trading or business knowledge if you don't want to experience big losses. Although in trading there are certainly risks, with trading knowledge, you can minimize the possibility of risks occurring. So, not everyone has the access or expertise to engage in trading.
It is true that not everyone will like and be able to trade. but actually, trading can be learned by anyone. It all depends on your interests and preferences. Have you ever tried where your interests and skills are? between trading and investing? both can be learned and done by anyone. but of course, there will be people who prefer investing over trading, or vice versa. it all depends on the interests and skills possessed after learning. The point is, don't start your trading before you are completely ready with all the necessary things. Regardless of the risks involved, it is only a matter of time when a novice trader eventually becomes more skilled. we can practice with a little capital first so that we have experience in trading.
for the practice of a beginner trader, there is a demo account. Even though it will be different from the real account, at least it gives an initial idea. using a little money is also good for getting real experience of the trades made. it minimizes the risk of greater losses. The most important thing is to do it slowly, don't rush for short profits.
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jeraldskie11
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June 04, 2024, 05:11:39 PM |
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In my perspective, anyone can trade. There is no limit and qualifications to start trading. But being profitable is not for everyone who are lazy enough to study the charts. Trading needs a time and focus, so if you can't give that then you don't start a trade. You can't be sure that you will be profitable even though you spent so much time to study because we have different approach in the market. Even though we have the same strategy from another profitable, it doesn't mean we also become profitable. In terms of execution in the market, we are different.
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June 04, 2024, 08:42:48 PM |
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Trading is not for everyone. Again it is for everyone. It depends on different people. Trading theory depends on a person's willingness to learn and know. Also depends on patience. If someone's patience is low then trading is not for that person. If someone's patience is very strong then that person can achieve success in trading. But trading is not for beginners. Newbies can do holding. Trading is very difficult. It is better not to come to trading because greed can destroy everything.
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Adbitco
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 04, 2024, 10:27:00 PM |
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Trading is not for everyone. Again it is for everyone. It depends on different people. Trading theory depends on a person's willingness to learn and know. Also depends on patience. If someone's patience is low then trading is not for that person. If someone's patience is very strong then that person can achieve success in trading. But trading is not for beginners. Newbies can do holding. Trading is very difficult. It is better not to come to trading because greed can destroy everything.
You are correct and I will also want to add this as well do you know without people Venturing into trading they won't learn neither would they developed so faster to understand how to manage their trading skills, what I am trying to say In nutshell is that nobody turns to a professional trader without them starting from small and thus this comes by starting little and also educates themselves reading some necessary materials that will enhanced their skills to a successful trading.
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EarnOnVictor
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June 05, 2024, 05:49:56 AM |
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Have read most people topic and comment especially the newbies and have noticed that they are always interested in trading more than holding, and of a true trading gives more profits from my own understanding that is why everyone wants to venture into trading. But have we also considered or remember that most of the compliant here is about trading scam or exchange scam. Since is as a cause of trying to fund their account to trade or either trying to withdraw funds from the exchange.
I have a different view to yours as though people could initially want to trade more but over time that it has taught them enough lessons, they always reverse back to invest their cryptos, or better still, try to engage in both trading and investment, but now, with less trading and more investment. This is my experience based on the testimonies of people and they often testify that trading is way more difficult for them with a high risk while investment is a lesser evil if done properly, and more reason why they abandon trading pretty fast. It is those newbies who are not well-informed who are so kin to trading even as they believe it is their area of answered prayer, but neglecting the fact that even though trading is opened for all, it is not for everybody by virtue of its risk. It is only meant for seasoned traders who have won the test of time by consistently earning for a long period. The expertise and success of these kinds of traders are not questionable, and it is not all traders who can get to that level regardless of how many years you've been trying to make money out of trading. But I do not know where the scam is coming from relating to crypto trading to the point that it looks scary the way you constructed it. Fine, those traders who are trading with huge amounts of money could still be affected by the greedy exchanges, but for traders to be trading with about $50,000 or less. Still, I do not believe there is much issue with good exchanges regarding this. Unless you are trading with bad, new or illiquid exchanges, and by that, you are inviting issues to yourself. It is good to trade with the top-rated ones, this will however not completely exonerate them from all faults, but the money would have been so huge before such complaints could be happening, which I also believe will still be recovered like the ones I have read in the past.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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GeorgeJohn
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 05, 2024, 06:43:54 AM |
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Trading is not for everyone. Again it is for everyone. It depends on different people. Trading theory depends on a person's willingness to learn and know. Also depends on patience. If someone's patience is low then trading is not for that person. If someone's patience is very strong then that person can achieve success in trading. But trading is not for beginners. Newbies can do holding. Trading is very difficult. It is better not to come to trading because greed can destroy everything.
Basically trading is for everyone and I know quite well that it's left for you to activate trading, and I know very well that in trading you have to understand something different which will make you to not be a victim of trading, when you are trading consistently and you are not supposed to know some barriers of trading so that you will not venture into it, when you learn and understand the scope of trading and continue to practice trading you will know that trading is for you or trading is not for you. In my perspective, anyone can trade. There is no limit and qualifications to start trading. But being profitable is not for everyone who are lazy enough to study the charts. Trading needs a time and focus, so if you can't give that then you don't start a trade. You can't be sure that you will be profitable even though you spent so much time to study because we have different approach in the market. Even though we have the same strategy from another profitable, it doesn't mean we also become profitable. In terms of execution in the market, we are different.
Anyone can participate in trading but its our ability to comprehend seriously to know the difference between trading and investment, basically trading need us to be serious, conscious and also be observant before you can excell on it, when you look at trading very well you notice that people doesn't understand trading have adjusted and moved for investment plan and some person's too who are serious in trading is also benefiting in trading..its obvious that whatever you take serious you will surely make profit out of it, but anything you don't take serious will be growing stunts.
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Litzki1990
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June 05, 2024, 07:41:32 AM |
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In the case of holding, usually one has to hold one's investment for a long time, in this case many people fail to hold their investment for a long time. On the other hand, in the case of trading, a trader can sell his trading at any time and spend the money he sells.
That's probably why most new members are more focused on trading. Sometimes it is seen that those new members without having any idea about trading, they ask about futures trading and they keep progressing on futures trading. When they are asked why they are doing risky things like futures trading without knowing anything about trading, they give a very simple answer that the chances of profit in futures trading are very high and the difference between profit and loss is well understood within minutes. But they have no idea how risky this future trading is. They may be interested in this risky trading without knowing that if they make a small mistake, they can lose all their money.
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arwin100
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June 05, 2024, 11:16:12 AM |
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Trading is not for everyone. Again it is for everyone. It depends on different people. Trading theory depends on a person's willingness to learn and know. Also depends on patience. If someone's patience is low then trading is not for that person. If someone's patience is very strong then that person can achieve success in trading. But trading is not for beginners. Newbies can do holding. Trading is very difficult. It is better not to come to trading because greed can destroy everything.
You are correct and I will also want to add this as well do you know without people Venturing into trading they won't learn neither would they developed so faster to understand how to manage their trading skills, what I am trying to say In nutshell is that nobody turns to a professional trader without them starting from small and thus this comes by starting little and also educates themselves reading some necessary materials that will enhanced their skills to a successful trading. I strongly agree with this that trading is not for everyone. Not all people can withstand the pressure and can able to handle their emotion to deal with risky behavior of bitcoin and other alts in the market. That's the reason why we see a lot of people getting a huge lose especially if they are been so greedy for expecting those continuous pump that they are thinking. Although everything can be learn as other people said but in trading its really different since there is a money involve here and not everyone of us can able to handle any huge losses since we have different financial capabilities and some people don't have steady income that's why most of them failed on trading. Eagerness and commitment may lead to a success and only few individuals have that attitude that's why we can really agree to certain opinions related to this topic.
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