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Author Topic: Does trading belongs to everyone?  (Read 1825 times)
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June 06, 2024, 10:19:31 PM
 #201

In fact, trading is for everyone, but not everyone is able to survive in trading because the pressure they will receive when trading is very large and without good analysis, the trading they do will only end in losses

I still continue to learn in trading because I don't think it will be possible for me to finish trading, there is a lot of knowledge that can be applied in trading because after all trading with knowledge will definitely produce better results than trading without knowledge

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June 06, 2024, 11:44:04 PM
 #202

Trading is definitely not for everyone. And even under trading, there are parts of it and one needs to find which kind of trading works for them. I’ve tried trading before and it didn’t work for me as it worked for many others. I see people make a lot of money from it, but I don’t get moved because I’ve come to realize that I prefer to invest than trade. It is easier to me the way I look at it. And someone who may prefer to trade may equally not have any clue about investments, or may not be able to follow through because they prefer trading .



 

 

 

 

 

 


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June 07, 2024, 03:17:24 AM
 #203

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.
Trading is a subject in which a person's ability to give importance and psychological factors are closely related. Different types of people live in our society. All of them earn for their own needs or to meet family needs. If we observe the society we will see that different people are engaged in different professions. This is because people are engaged in those activities that work for their love or passion. It also happens that many people are engaged in the outside work of their choice in order to earn. A wide gap exists between the earnings of these two types of people. People who engage in their own pleasures do much good and earn well and those who work outside their own preferences have reduced productive capacity and proportionately less. The main purpose of my saying so much is that if a man comes to trading for love and passion then he can definitely do well here. On the other hand if he comes only for earning money then his psychological issues will go out of control and hence may not get good results from there.

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June 07, 2024, 09:33:23 AM
 #204

In fact, trading is for everyone, but not everyone is able to survive in trading because the pressure they will receive when trading is very large and without good analysis, the trading they do will only end in losses

I still continue to learn in trading because I don't think it will be possible for me to finish trading, there is a lot of knowledge that can be applied in trading because after all trading with knowledge will definitely produce better results than trading without knowledge
It is true that not everyone can survive trading because there are some people who are able to survive the pressure they face in trading and there are also those who easily give up so that they no longer continue their trading because they are unable to face the pressure they face in trading.

When someone trades, of course they have to continue to update their knowledge in trading to be able to get good results, because some people who already have experience in trading, of course, still continue to learn about trading so that they don't make mistakes in making decisions and can make the right decisions. of course this will give them good results in the trading they do and for some people who trade without having any knowledge of course they only hope for luck from the trading they do of course this will be very detrimental for themselves.

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June 07, 2024, 01:05:10 PM
 #205

Re: Does trading belongs to everyone?
Actually trading is not for everyone, and this statement does not mean that it is not open for everyone. It is actually open for everyone, it is just like an ocean were only the skilled and lucky ones are able to fetch from. Some people can actually know how to trade, they can actually know how to read the charts and candlesticks, but they are not emotionally strong for trading. As I always say, at every point in time each and everyone of us must have laid our hands in trading before we discovered that actually it is not for everyone. I could actually remember when I was emotionally disturbed for 3 days because my portfolio was in the negative side for 3days because I didn't use the stop loss. It was when I actually discovered that trading is not for me.

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.

I am a victim. I was actually trading and inevitably became a Hodler, till now I am still holding at loss.

R


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June 07, 2024, 01:16:59 PM
 #206

Re: Does trading belongs to everyone?
Actually trading is not for everyone, and this statement does not mean that it is not open for everyone. It is actually open for everyone, it is just like an ocean were only the skilled and lucky ones are able to fetch from. Some people can actually know how to trade, they can actually know how to read the charts and candlesticks, but they are not emotionally strong for trading. As I always say, at every point in time each and everyone of us must have laid our hands in trading before we discovered that actually it is not for everyone. I could actually remember when I was emotionally disturbed for 3 days because my portfolio was in the negative side for 3days because I didn't use the stop loss. It was when I actually discovered that trading is not for me.
Alternatively we can call it survival of the fittest since everyone is permitted to learn and trade like everyone has access to it but the ability for them to understand it more better is what makes them trader. One can be called a trader when they gradually started making money from it and seeing how stable and comfortable with their skills then we would calls them trader.
Again if you can keep focusing on your portfolio for any slight change then you could be easily affected by every little drop and change of your assets so I will always encourage you not to regularly check your portfolio and it should be on targeted duration of investment like 4 years above except you are doing day trading or scalping.



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June 07, 2024, 02:32:01 PM
 #207

Trading is definitely not for everyone. And even under trading, there are parts of it and one needs to find which kind of trading works for them. I’ve tried trading before and it didn’t work for me as it worked for many others. I see people make a lot of money from it, but I don’t get moved because I’ve come to realize that I prefer to invest than trade. It is easier to me the way I look at it. And someone who may prefer to trade may equally not have any clue about investments, or may not be able to follow through because they prefer trading .

The truth is that majority of people don't even trade, they might have trade in their lifetime and see what it taste like, some will make some profits and little loss, some will make profits and their losses might just be from their stop loss and some will make few profits and make huge loss and most of the time, it's the people that made losses that do give advices, I mean if trading is very profitable for many, some will not be here in the first place, they will be timeless on their screen making money.

Majority of people has one thing in common and is how to buy and sell but the truth is, not everyone understand the logic of trading that much. If you ask some people about their trading experience, they don't have anything to bring to the table but when you ask them for trading advice, they will give you one fullscalp of trading ideas, the same advice that hasn't work for them ever since they joined crypto space.

R


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June 07, 2024, 04:26:35 PM
 #208

No, trading is not for everyone. Trading requires certain skills , knowledge and coolness. To be a successful trader you must have market concepts, ability to analyze data and mental thinking to manage your losses from market volatility. Moreover, its important to know how to make trading more accessible through various technologies. Trading is very risky for a new trader. Because he still lacks the necessary strategic sense.
So I would say before engaging in trading activity one should fit and evaluate oneself as a person and then come to trading.

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June 07, 2024, 04:58:50 PM
 #209

In fact, trading is for everyone, but not everyone is able to survive in trading because the pressure they will receive when trading is very large and without good analysis, the trading they do will only end in losses

I still continue to learn in trading because I don't think it will be possible for me to finish trading, there is a lot of knowledge that can be applied in trading because after all trading with knowledge will definitely produce better results than trading without knowledge
Trading is not for everyone and not all jobs are possible for everyone. For those who think that trading is an easy task, this idea is completely wrong. Those who will trade with such wrong ideas, if they are profitable from trading in short term, they will definitely face loss in long term. Being a trader is not just about buying or selling.

To be a good trader one must first have financial knowledge about his trading area. He should have the knowledge to do various types of analysis on daily charts. A trader must be well versed in the market conditions that can turn at any time. Moreover, in any situation the trader must learn self-control. Instead of being emotional in any market situation, it is necessary to take action on how to control at that moment.

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June 07, 2024, 10:13:15 PM
 #210

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.
Trading is a subject in which a person's ability to give importance and psychological factors are closely related. Different types of people live in our society. All of them earn for their own needs or to meet family needs. If we observe the society we will see that different people are engaged in different professions. This is because people are engaged in those activities that work for their love or passion. It also happens that many people are engaged in the outside work of their choice in order to earn. A wide gap exists between the earnings of these two types of people. People who engage in their own pleasures do much good and earn well and those who work outside their own preferences have reduced productive capacity and proportionately less. The main purpose of my saying so much is that if a man comes to trading for love and passion then he can definitely do well here. On the other hand if he comes only for earning money then his psychological issues will go out of control and hence may not get good results from there.
I believe out of 100% of people who are working, studying and doing whatever they are doing today is because of passion and if they don't have passion for it then failure could be inevitable to show up at the later end.
People who are trading for passion doesn't face much difficulty although I know is very hard for people not to put money first in what they are doing but at some point we need to have interest and be passionate for what we are doing before we can possibly smells success otherwise failure will always comes in.

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June 07, 2024, 10:50:47 PM
 #211

No, trading is not for everyone. Trading requires certain skills , knowledge and coolness. To be a successful trader you must have market concepts, ability to analyze data and mental thinking to manage your losses from market volatility. Moreover, its important to know how to make trading more accessible through various technologies. Trading is very risky for a new trader. Because he still lacks the necessary strategic sense.
So I would say before engaging in trading activity one should fit and evaluate oneself as a person and then come to trading.

On the contrary I think trading is for everyone but becoming a successful trader requires certain things to make one successful else the trader won't become successful nor make profit. All you mentioned here is accurate because a good trader who's interested in making profit should have the qualities here but there are some people who takes trading as gambling so they are not in for profit making rather they prefer to be funding instead of taking profit, they do not care about learning, being calculative and having a good understanding of the market before trading they only before in having the trading capital then the next thing is start trading, they are the gamblers in trading and they can't learn unless they become broke.

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June 07, 2024, 10:52:20 PM
 #212

Yes trading is for everyone, but the difference or the reason why some people succeed and some others fail and even leave a lot of losses is usually because of their wrong mindset and learning process, such as for example there are some people who are wrong in addressing what trading really is, not infrequently from those who think that trading is an alternative to changing the fate of life for the better or simply there are some of them who think that trading can make them rich.

That can indeed be because it has been proven that many traders are now successful, but the problem is that usually when you are too focused on making money at the beginning, you will take various actions that are too dangerous for yourself without being based on qualified knowledge regarding what to do and what to avoid. This means that when someone comes to see trading from various sides such as understanding that trading is an activity that provides profit opportunities but also realizes that trading has a certain level of risk, then awareness of the risk will be the basis of caution that will make them prioritize various precautions. So my opinion is that if you want to succeed in trading then don't focus too much on profits but rather learn first the various things that can potentially bring profits but also while learning various things that lead to risk management as a preventive measure.

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June 07, 2024, 10:54:36 PM
 #213

Trading is definitely not for everyone. And even under trading, there are parts of it and one needs to find which kind of trading works for them. I’ve tried trading before and it didn’t work for me as it worked for many others. I see people make a lot of money from it, but I don’t get moved because I’ve come to realize that I prefer to invest than trade. It is easier to me the way I look at it. And someone who may prefer to trade may equally not have any clue about investments, or may not be able to follow through because they prefer trading .

The truth is that majority of people don't even trade, they might have trade in their lifetime and see what it taste like, some will make some profits and little loss, some will make profits and their losses might just be from their stop loss and some will make few profits and make huge loss and most of the time, it's the people that made losses that do give advices, I mean if trading is very profitable for many, some will not be here in the first place, they will be timeless on their screen making money.

Majority of people has one thing in common and is how to buy and sell but the truth is, not everyone understand the logic of trading that much. If you ask some people about their trading experience, they don't have anything to bring to the table but when you ask them for trading advice, they will give you one fullscalp of trading ideas, the same advice that hasn't work for them ever since they joined crypto space.

I understand and agree with you but to an extent. I would say that those who are like these are mostly influential people. But it doesn’t mean they don’t make money. Some of them make a lot of money and while they are staring down at their screen, someone somewhere is begging them for a master class so they can make money too. So not all of them are fake, but at least I’ll agree that most of the people who give the advice and hold the class aren’t making the money and are looking for other ways to make the money.



 

 

 

 

 

 


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June 08, 2024, 09:44:11 AM
 #214

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.
Preparation is very important in trading and thinking there is easy money in trading is a mistake, that is even harder than we think. We can say it is not for everyone because not all consider themselves to become a trader with good entry, most of us jump with empty knowledge which is no wonder why they fail. Trading should not be taken too easily nor to live confidence with just knowing the basics because this is not enough to strive and become successful in this field. That is why we challenge those who have a plan to take trading seriously and invest first in knowledge and skills before thinking for profit because this is the only to reach our goal (success). We don't need to rush, it should be done step-by-step and gradually increase our capabilities. If we can do it the right way, success is definitely on its way.

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June 08, 2024, 04:59:56 PM
 #215

In fact, trading is for everyone, but not everyone is able to survive in trading because the pressure they will receive when trading is very large and without good analysis, the trading they do will only end in losses

I still continue to learn in trading because I don't think it will be possible for me to finish trading, there is a lot of knowledge that can be applied in trading because after all trading with knowledge will definitely produce better results than trading without knowledge

Trading is open for each and every individual who has money but it does not mean that all those who participate in trading will definitely earn lots of money but they can also lose money if they have no idea how to analyse the market.

Those will surely be in loss who trade but don't learn about it so eventually he will stop to make trade as nobody wants to regularly lose his money. Knowledge never gets completed so if someone is learning from each mistake and doesn't stop to acquire knowledge even if he is a part of trading then he will become a profitable trader in future and will not face huge and continuous loss.



 

 

 

 

 

 


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June 08, 2024, 05:37:01 PM
 #216


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.

Trading requires patience and if you don't have patience you can't get success here. Without proper knowledge of trading will destroy everyone first. And the fall is hardest for those who are already on top. They have more to lose not just money but pride and self-worth. Those of us who would consider having the most advantage in trading are actually the saddest and most vulnerable types of traders.

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June 08, 2024, 07:14:27 PM
 #217

So, the main idea is to prioritize safe, long-term holding over high-risk trading, especially for newbies, using p2p channels and avoiding centralized exchange risks also.
Although, we need centralized exchange most time, but not advisable to keep all our assets there. Sometimes, we need to pass trough centralised exchanges to do some stuffs easily. You gave some valid explanations and points but it might not be an easy one.

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June 08, 2024, 07:20:21 PM
 #218

No, trading is not for everyone. Trading requires certain skills , knowledge and coolness. To be a successful trader you must have market concepts, ability to analyze data and mental thinking to manage your losses from market volatility. Moreover, its important to know how to make trading more accessible through various technologies. Trading is very risky for a new trader. Because he still lacks the necessary strategic sense.
So I would say before engaging in trading activity one should fit and evaluate oneself as a person and then come to trading.

There are different kinds of trading. I would say leverage trading isn't for everyone because of the high risk behind it. So, this advice should be for anyone who is planning to  start or make leverage trading an option.
Additionally, spot trading is not bad for anyone cos liquidation isn't possible with that and it's an easy way to understand the market also.

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June 09, 2024, 06:11:44 AM
 #219

I think that if anyone is interested in learning trading, then trading is for every person if he is ready to learn. Be prepared to spend time learning to trade for a long time. Then trading can be a profitable career for him. While trading can make a lot of money quickly, it takes a lot of hard work to master it.

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June 09, 2024, 11:56:07 AM
 #220

I think that if anyone is interested in learning trading, then trading is for every person if he is ready to learn. Be prepared to spend time learning to trade for a long time. Then trading can be a profitable career for him. While trading can make a lot of money quickly, it takes a lot of hard work to master it.

Simple is that trading so for those who learn for it and give time to it but if someone says that he will not learn but will become a successful trader then he should remember that his future will be full of loss and without knowledge he will be unable to recover this loss.

Trading can give quick earning to those who are experts in this field so if newbies have a mindset that he will gain quick return then his thoughts are greedy which will become a dangerous thing for him so be punctual in getting Knowledge and don't rush towards getting money in a day.



 

 

 

 

 

 


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