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Author Topic: Does trading belongs to everyone?  (Read 1659 times)
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May 20, 2024, 04:55:32 AM
 #161

There's some certain thing that will have to consider in Trading because I know quite well that whoever that is into trading might have learned how to trade before the person venture into trading trading is for every person who know about it there's no exemption in Trading except that it does not know the rudiment of threading so for me everyone who is desperate and also devoted out time to learn trading is the people that only benefit from trading because I know quite well that trading is all about observation and the constant learning

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.

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May 20, 2024, 07:23:29 AM
 #162

Learning to trade is very necessary to be able to start trading well and correctly. However, not many people realize it because most of them trade by relying on signals from other people. That will confuse them about when to enter and exit the market. Trading is for everyone who wants to make a profit, but they must learn how to trade before starting. There are risks that they must be aware of in trading so they must also learn how to deal with the losses.

If they learn more about trading, they can trade well and make profits. It's just a matter of being willing to learn and practice it because their trading abilities will improve the more they learn and practice it.
That's right, having knowledge in trading is of course very important for everyone who wants to start trading, for some people who make transactions using signal services, I think this is a common thing, but it would be better if you understood trading well before trying. carry out trading with their own knowledge, because if we only rely on signal giving services, in my opinion they are not actually trading but rather entrusting the money they have to other people and if the service fails then we will lose out on the trading we do. So it would be good for us to understand trading ourselves so that we can get results that suit our abilities.
Having a willingness to learn about trading is of course very important for someone who decides to trade, because without knowledge about trading we will lose the money we use in trading.
If they learn to trade and also get signals from a signaling service, it works for him because he gets information about his coins and he can analyze them further to find more information. It can provide more information about the movement of his coins so he can know when he can enter and exit the market. The possibility of making a profit could be greater than if he just relied on the signal giver because he can analyze the coin data. However, we are responsible for the money we use for trading, so we have to be careful and always analyze the movement of the coins. Having a willingness to learn about trading will give him more information and also give him the opportunity to improve his analytical skills.
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May 20, 2024, 08:05:22 AM
 #163

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.

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May 20, 2024, 08:32:30 AM
 #164

There's some certain thing that will have to consider in Trading because I know quite well that whoever that is into trading might have learned how to trade before the person venture into trading trading is for every person who know about it there's no exemption in Trading except that it does not know the rudiment of threading so for me everyone who is desperate and also devoted out time to learn trading is the people that only benefit from trading because I know quite well that trading is all about observation and the constant learning

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.
usually there's natural mechanism to determine whomever deserve to stay in the trading field and make profit from it.
the people that always get carried away into FOMOing the coins as well as those paper hands are the one to get qualified early and isn't meeting the requirement that you mentioned above.
trading is truly not for everyone, like everyone can try trading but the one making profit are only select people who know to understand market or just currently lucky and thats it.
even luck won't guarantee continous profit its the committment and also talent of trading to know the condition of the market that usually guarantee continous profit in the long run.

maybe some people are more in the side of investing, seeing the market from long term perspective, because even doing it this way also can guarantee profit that is sometime better.
those people that holding their bitcoin since bottom has been profitting great.
sometime we just need to play the long game, wait and see to get maximum profit, instead of trying too hard and fail.

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May 20, 2024, 07:29:21 PM
 #165

There's some certain thing that will have to consider in Trading because I know quite well that whoever that is into trading might have learned how to trade before the person venture into trading trading is for every person who know about it there's no exemption in Trading except that it does not know the rudiment of threading so for me everyone who is desperate and also devoted out time to learn trading is the people that only benefit from trading because I know quite well that trading is all about observation and the constant learning

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.


Sounds like a preacher Man, lol. You are right, Trading is open for everyone but in reality only few can put in the necessary work needed. One thing is sure the market disciplines everyone and bends you, every true trader have a discipline path.
People become too optimistic in Trading without any background and end up losing because you can't profit in a market without an edge and discipline to your own rules being intentional about every move you make in the market.

Fuck Psychology,  what any Trader needs is discipline with a Technical edge everything flows through and accepting any outcome of our actions builds us.

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May 20, 2024, 09:34:16 PM
 #166

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.
And that's why it isn't suitable for everyone. There are so many traders that are doing it because they know how to trade.

While some new traders that think they can survive with the market's behavior are just giving up when they're not able to make it.

As they say, those who wins are not giving up and the losers are giving up.



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May 21, 2024, 03:06:51 AM
 #167

And that's why it isn't suitable for everyone. There are so many traders that are doing it because they know how to trade.

There is no luck all the time and when people have no knowledge of trading then there is no way they can execute consistently. Never try it if you don't have good knowledge because it will only cause problems.

Quote
While some new traders that think they can survive with the market's behavior are just giving up when they're not able to make it.

As they say, those who wins are not giving up and the losers are giving up.
Basically trading requires money and when someone experiences losses every time in trading then I am sure they will never be able to survive.
There is always a process required and it is impossible to be involved in trading just by relying on luck because if this behavior is implemented then I am sure people will fail to understand trading.
Even people who really understand how to trade experience losses at certain times, only they are able to recover in the next trade because they have much better mental preparedness.

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May 21, 2024, 04:33:40 AM
 #168

Fuck Psychology,  what any Trader needs is discipline with a Technical edge everything flows through and accepting any outcome of our actions builds us.

Discipline. I say that all the time. Along with the correct goals from the beginning. People come in to profit. To make money. Very very few come in to learn. They say they wanna learn but back of mind is 100x with no room to say 'Or I stop if I lose this much'. How do you apply discipline when your goal is to make profit no matter what?

Basically trading requires money and when someone experiences losses every time in trading then I am sure they will never be able to survive.

Have to love this trading section sometimes for the laughs. Campaign managers are you seeing this? lol

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May 21, 2024, 05:29:11 AM
 #169

Everyone can do trading but not everyone can earn there are also loser in trading and they find another job and another ways to earn, maybe trading depends on your strategy together with your luck ot depends on us if we will going to stop or to go on and on until we succeed because if we will stop we will be a loser forever but if we still do trade maybe we will win someday.

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May 21, 2024, 05:35:52 AM
 #170

Everyone can do trading but not everyone can earn there are also loser in trading and they find another job and another ways to earn, maybe trading depends on your strategy together with your luck ot depends on us if we will going to stop or to go on and on until we succeed because if we will stop we will be a loser forever but if we still do trade maybe we will win someday.
Well i also believe that trading can be for everyone because we can all do trading in any age or status in life it is not depend if you are rich or poor as long as you understand how to do trading then you are fine to do trade, the only problem is the way on how to make earnings in it not everyone earn sometimes traders also lose and never come back in trading again.


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May 21, 2024, 06:32:08 AM
 #171

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.

We can make it this way, look for a reliable coin, bitcoin or any other altcoin buy and hold. You can look out for the best wallet where to store your funds without any news about misplacing your seed phrase or private keys. It's not necessarily mean you must buy from exchange, get your self a good p2p provider I believe there are trusted p2p service providers whom you can send them fiat or any other coin in replacement of the coin you wants to hold, than involving yourself to an exchange for trade or buy coin at least to avoid us having different version of storyline.

If you think is not possible to deal with people on p2p trade, look out for those at your locality who is trusted and reliable then you can send your fiat and they s/he sends you the coin (must be reputable p2p trader), if the amount which you are trading is much why not half it and go by 20 percent of the total amount you want to trade, after which is confirmed you can then continue with another 20 percent by so doing you ends up accumulating enough volume of any coin you want to hold for long than as a newbie trader you get yourself into exchange or broker and got scammed.

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.

If this post doesn't suits here place call my notice to move it to another place you suggest that is more better.

Op you have really spoken well, most newbies that just came into the crypto industry has failed to understand that  it would be best that they trade only spot for the time being, till they are more knowledgeable and more skill in fundamental and technical analysis before they venture into futures trading, because to me, it's craziness for a newbie to start trading  futures when he knows little or nothing on how to navigate his or her way in the market.

And this is one of the main reason why most people fail in trading, and when that is done, they will start saying that trading is a scam or  they will say it's gambling which I believe 100% that it's not, so in essence is that, it's very important that before we engage in trading, we should have attained knowledge first and some other disciplinary measures that is needed to be successful in trading.

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May 21, 2024, 11:47:10 PM
 #172

And that's why it isn't suitable for everyone. There are so many traders that are doing it because they know how to trade.

There is no luck all the time and when people have no knowledge of trading then there is no way they can execute consistently. Never try it if you don't have good knowledge because it will only cause problems.
I may say that some did it by luck but that's inconsistent and we only choose the consistency if it's with trading.

Quote
While some new traders that think they can survive with the market's behavior are just giving up when they're not able to make it.

As they say, those who wins are not giving up and the losers are giving up.
Basically trading requires money and when someone experiences losses every time in trading then I am sure they will never be able to survive.
There is always a process required and it is impossible to be involved in trading just by relying on luck because if this behavior is implemented then I am sure people will fail to understand trading.
Even people who really understand how to trade experience losses at certain times, only they are able to recover in the next trade because they have much better mental preparedness.
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.



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May 22, 2024, 05:12:22 AM
 #173

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.

Trading is for anyone who has an interest in learning and takes it seriously. Others want to trade but don't want to study and find out what the depth of it is. All they have in mind is to make money from trading. That's why they often lose in trading. 

They don't think that willingness and interest to learn are needed, like learning the basics, learning the tools that can be used in trading, and other things that can help in gaining an understanding of trading in the crypto space.

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May 22, 2024, 06:16:02 AM
 #174

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.

Sometimes we can be interested on something we have no idea about, but when we are determined to learn through the required process in doing such, we will make an achievement on such, any trader or potential one should go through the due process by acquiring the required skills, knowledge and understanding of how to trade, then start by little before they can grow their investment on trading, if someone finds this difficult, then they had better hodl and avoid trading in other not to lose money, holding over time will earn them income as well when the market surges.

You are absolutely right and I totally agree with you, unlike me, at first I never had the zeal or interest to give trading a try, I just want to focus fully on holding but as time goes on, I try trading and holding and I'm really doing well, although I do have some losses and that is why it's crypto, at times we loss or we profit because markets at times fluctuates. Although not everyone is like me, some people can't really do well in trading in as much they try, so all they do is just to hold which they profit more in holding than trading, and so many reasons why trading is not for everyone.

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May 22, 2024, 08:28:32 AM
 #175

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.

Sometimes we can be interested on something we have no idea about, but when we are determined to learn through the required process in doing such, we will make an achievement on such, any trader or potential one should go through the due process by acquiring the required skills, knowledge and understanding of how to trade, then start by little before they can grow their investment on trading, if someone finds this difficult, then they had better hodl and avoid trading in other not to lose money, holding over time will earn them income as well when the market surges.

You are absolutely right and I totally agree with you, unlike me, at first I never had the zeal or interest to give trading a try, I just want to focus fully on holding but as time goes on, I try trading and holding and I'm really doing well, although I do have some losses and that is why it's crypto, at times we loss or we profit because markets at times fluctuates. Although not everyone is like me, some people can't really do well in trading in as much they try, so all they do is just to hold which they profit more in holding than trading, and so many reasons why trading is not for everyone.
It is very simple but when they are not really ready to learn and devote themselves to understand the whole thing in trading and investment then they could be getting it twisted, when the knowledge is being acquired and the trader himself applied patient then such person could go along way after haven learned and also, those who are professional traders doesn't learned everything one day instead as they keep trading the more they gain experience over the time to correct their mistakes which could give them new beginning to easily enhance their trading more better.

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May 22, 2024, 11:14:33 AM
 #176

Trading is for anyone who has an interest in learning and takes it seriously. Others want to trade but don't want to study and find out what the depth of it is. All they have in mind is to make money from trading. That's why they often lose in trading. 

They don't think that willingness and interest to learn are needed, like learning the basics, learning the tools that can be used in trading, and other things that can help in gaining an understanding of trading in the crypto space.

Actually trading is for everyone because there are no  constraints for the people and everyone can trade who wants to do so but here the difference is between successful and unsuccessful traders in which everyone cannot become a successful trader.

Most of the people are trading because they desire to become millionaires quickly but their dreams never get succeeded because they have no knowledge which can help them in becoming professional traders. Create your interest because if you show interest then you will start learning which plays a crucial role in one's success and the percentage of knowledge and experience will describe your success rate.



 

 

 

 

 

 


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May 22, 2024, 12:32:56 PM
 #177

Everyone can do trading but not everyone can earn there are also loser in trading and they find another job and another ways to earn, maybe trading depends on your strategy together with your luck ot depends on us if we will going to stop or to go on and on until we succeed because if we will stop we will be a loser forever but if we still do trade maybe we will win someday.
Indeed, it happens in real life because even though we say that we all can have an interest in trading, still the results are quite different due to different strategies and decision-making. That is why some traders become successful while others are not. I think we need to accept the fact that we all are not the same. In fact, even within our family, not all have the same behavior and not all have the same interest in life. Trading is just an option, we can try either but not to assume this job will be for us and become successful because whether we like it or not, many have also failed and quit.
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May 22, 2024, 01:48:15 PM
Merited by Bravut (3), Victorybit1 (1)
 #178

Many people misunderstood the concept of trading, it's very obvious and understanding that trading has to do with skill, when you have peruse the skill and understand it to your knowledge it's when you will know if trading is for you or not, so it's the individual that wants to involve itself in trading will determine if trading is for everyone or not base on it quick understanding of trading, theirs one thing we have to know, anything we don't have the comprehensive understanding is not meant for you...in norms trading is meant for everyone but its your ability to understand if you can coup with trading.

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.

Sometimes we can be interested on something we have no idea about, but when we are determined to learn through the required process in doing such, we will make an achievement on such, any trader or potential one should go through the due process by acquiring the required skills, knowledge and understanding of how to trade, then start by little before they can grow their investment on trading, if someone finds this difficult, then they had better hodl and avoid trading in other not to lose money, holding over time will earn them income as well when the market surges.
actually you're right from my perspective, but what I wanted to know, mostly people who is coming new in trading is to make a proper research of trading at first and know the basic things of trading, I normal conduct if you are interested in trading you devote out time to acquire the skills of trading, sometimes people misunderstood basics ways to understand things, when you are been determined you will excel in trading from my perspective.

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
If you are trading but turn to holding, you will have risk of holding for loss.

Only luckiness can help you to gain from holding this way because mindset of a trader and mindset of a trader are different. If a trader does not use Stop loss order, holding a position for long time will cause loss, not profit. Except if that trader has a very lucky open position in a market that gives a random decision chances to get profit.
That's why it's good for anyone who is into trading or anyone who wants to be a trader to learn the protocols or the procedures of trading first, when you have know the advantages of holding for long-time or the disadvantages or effects of holding for long period while trading will take you, at least you will understand the differences, so in nutshell what we needs most is to learn properly not to enter into trading because we see other is making well in trading.

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May 22, 2024, 08:24:42 PM
 #179

usually there's natural mechanism to determine whomever deserve to stay in the trading field and make profit from it.
the people that always get carried away into FOMOing the coins as well as those paper hands are the one to get qualified early and isn't meeting the requirement that you mentioned above.
trading is truly not for everyone, like everyone can try trading but the one making profit are only select people who know to understand market or just currently lucky and thats it.
even luck won't guarantee continous profit its the committment and also talent of trading to know the condition of the market that usually guarantee continous profit in the long run.

maybe some people are more in the side of investing, seeing the market from long term perspective, because even doing it this way also can guarantee profit that is sometime better.
those people that holding their bitcoin since bottom has been profitting great.
sometime we just need to play the long game, wait and see to get maximum profit, instead of trying too hard and fail.
I do agree that there are a lot of people who do lose very quickly and just give up, but the saddest one are the ones who do make a good amount of money and then get greedy and go all in and lose. I have seen recently a guy who turned 70k into 1.4 million, and then on a single day lost 1.1 million of it. Still, going from 70k to 300k would have been a great look for him, not like that would be terrible but at the same time it would be not that bad if they tried their very best on this situation.

This is why I think we should realize that just because you made some money, doesn't mean that you are going to keep doing that and you should never stop being careful, no matter how great your results are, always be careful with what you are doing.

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kawetsriyanto
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May 22, 2024, 08:56:14 PM
 #180

Actually trading is for everyone because there are no  constraints for the people and everyone can trade who wants to do so but here the difference is between successful and unsuccessful traders in which everyone cannot become a successful trader.
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

Most of the people are trading because they desire to become millionaires quickly but their dreams never get succeeded because they have no knowledge which can help them in becoming professional traders. Create your interest because if you show interest then you will start learning which plays a crucial role in one's success and the percentage of knowledge and experience will describe your success rate.
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.



Traders need to learn the challenges, too. Take a look this top 5 challenges faced by new traders

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