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Author Topic: What people some people don't know about trading  (Read 942 times)
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April 18, 2024, 08:51:08 PM
 #61

Trading isn't a shortcut to wealth; it's a journey requiring dedication and skill. Quick gains are rare; success comes to those who invest time, learn, and stay consistent. Earning big demands a year or two of mastering a specific skill. Without effort, replicating their success is improbable.
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April 18, 2024, 09:21:42 PM
 #62

I have seen where people say trading is a quick to get money.

Then maybe people that doesn’t know about trading and have never traded before are the once that will think trading is a get rich quick scheme. Some people just see videos of how to trade on YouTube and they think trading is so easy just the way they see it on YouTube, some people are always deceived by all those signal providers on social media, they make trading looks so easy, and they make people think they can easily get rich from trading without losing money. But to be honest real traders know that trading is not easy, and it’s not a get rich quick scheme.

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April 18, 2024, 09:32:18 PM
 #63

That person never knows how risky trading is, if only one thought how to get money fast then it is wrong, usually say this is a layman.

Trading is not an easy matter you have to study longer depending on your ability to work hard to understand everything because in trading it will drain a lot of thoughts so it will take a long time.

Working hard will not betray the results, behind it all the traders will feel the big losses.

You can earn 50-1000K if you are professional and apply everything in trading.
That person is obviously into greed of making money. And being greedy in the market might likely end up being a loser as he will continue to chase for quick profits, when we all know trading profits will only be possible after a long day’s hard work and dedication to the market.

Trading is never easy and is always associated with risks, so if you are weak and gets easily fainted when you fail to make quick profits, then think of it, you are not actually trading in reality, but more likely you’re gambling your hard-earned funds.

 
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April 18, 2024, 10:05:25 PM
 #64

So, how can you earn 50-1000k like them if you didn't put in the work?
Gambling - LOL.
You know - some people just gamble under the pretext of trading, it's there and even they fail to realize it.

Look at how many newcomers are hoping to get rich overnight on meme coins or bitcoin or so on. They just want to make money without doing any analysis - that is the reality among beginners which is ultimately called gambling. They don't realize that they are just hoping for luck - but they recognize themselves as traders.

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boty
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April 19, 2024, 09:43:38 AM
 #65

That person is obviously into greed of making money. And being greedy in the market might likely end up being a loser as he will continue to chase for quick profits, when we all know trading profits will only be possible after a long day’s hard work and dedication to the market.

Trading is never easy and is always associated with risks, so if you are weak and gets easily fainted when you fail to make quick profits, then think of it, you are not actually trading in reality, but more likely you’re gambling your hard-earned funds.
Greed will of course make someone unable to achieve what they have targeted in the trades they make and this will be very detrimental to someone because they continue to chase profits and they are not aware of this so they experience losses on the trades they make.

Doing trading is not an easy thing, of course there will be risks that they have to face and we must be prepared to face losses from trading if we make mistakes in trading and self-control is of course very important so as not to trade greedily and must analyze the market so as not to make detrimental decisions.
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April 19, 2024, 01:12:37 PM
 #66

Trading isn't a shortcut to wealth; it's a journey requiring dedication and skill. Quick gains are rare; success comes to those who invest time, learn, and stay consistent. Earning big demands a year or two of mastering a specific skill. Without effort, replicating their success is improbable.
pardon me but there are many people that have massive quick gains with crypto as much as unreal it is but there are some people that are indeed lucky enough to gain massive profits.
its just that as you said, not everyone is lucky so the chance of us being the luckiest person out there is slim therefore conventional trading that requires dedication and skill is the way here.

what many people fail to understand though is probably the fact that with trading, dedication and skill doesn't necessarily guarantee success i mean there are people keep saying that hardwork pays but really trading is different case altogether the market of crypto is never that easy to predict, therefore its not pure dedication and hardwork that matter.
the adaptability of knowing how the market behave is also one way to be success in trading, I believe with combination of all those will evenutally spell success.

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April 19, 2024, 01:43:54 PM
 #67

I have seen where people say trading is a quick to get money.

But I see it differently. Rather, trading is a place that shows those who work hard, put in consistency and are ready to learn and those who think they can outsmart their way in.

Those who earn massively in trading are those who have dedicated 1-2 years of their time to learning a particular skill to perfection.

So, how can you earn 50-1000k like them if you didn't put in the work?

When it comes to learning then there's no such thing about precise time or duration on which someone could be able to have a good grasps with trading on which there are ones who do took a couple of years, there are ones who do able to get a year and there are ones who do able to get good grasps on 6months+ which it would really be that totally depending on a certain individual.
Also, theres no such thing about perfection because no matter how good you are, you would really be still able to lose. What matter most on here is about sustenance on which this is something
that you would really be surviving into this unpredictable and totally random market.

Its normal that noobs will really be having that kind of approach towards trading whenever they are still starting specially into those times that they've seen online
with those huge gains without even trying out to realize that it was never been easy once they do step their foot into this space.

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April 19, 2024, 04:21:04 PM
 #68

So, how can you earn 50-1000k like them if you didn't put in the work?
Gambling - LOL.
You know - some people just gamble under the pretext of trading, it's there and even they fail to realize it.

Look at how many newcomers are hoping to get rich overnight on meme coins or bitcoin or so on. They just want to make money without doing any analysis - that is the reality among beginners which is ultimately called gambling. They don't realize that they are just hoping for luck - but they recognize themselves as traders.

Well that's right, I think that is really the case especially experienced by most beginners who just came and got involved in trading where I think there are very many beginners who come with the intention of becoming rich people in instant time, all of that in their minds due to seeing other people who managed to achieve profits in very large amounts that could make them change their lives to become financially established and of course who doesn't want to reach that point.

Until finally the beginners are motivated and feel compelled to get involved in the world of trading, they only think and only focus on the profit opportunities without knowing how difficult it is to go through process after process of difficulties that exist in the world of trading and without further ado they immediately deposit and trade at the beginning of their involvement without knowing that actually trading cannot be done that easily, there are so many things that must be prepared thoroughly before finally being able to really plunge into real trading, which in the end yes of course as you say that unconsciously his trading goes like gambling where they get profits only when luck comes and is not based on any analysis and skills, and I am sure that most traders who ultimately fail they are typical traders like this, and simply put is how can you make profits like others while you do not learn anything that will be used as a fishing rod for profit. Cheesy

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April 19, 2024, 06:25:51 PM
 #69

Absolutely correct OP. Many people think trading is easy money. With trading you will become rich overnight. Hence many dive into this field in greed to make money in short amount of time. They need to understand that trading always comes with high risk. Moreover unlike any other task, trading also requires some knowledge and practice. If you don’t educate much about trading, then no one will save you from making losses.

People see trading as easy because they see people getting huge profit on it they didn't know with the procedure he followed before he achieved the reward, you won't know trading is very hard thing until you join the system that is when you will see the difficulties, but when you have understood everything about trying you won't be losing anytime because you know how to control your fund on it and be profitable, what makes trading difficult is the risk involved is not like other investment that can minimise your risk. When you lose money in trading that is all, you can say you will receive your money back until you utilize it to perform another trade and make a profit if the market is favorable. When you ask most people who gain from trading, they will tell you that it is not tough since they know how to prevent losing money in the market.

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April 19, 2024, 06:53:31 PM
 #70


I have seen where people say trading is a quick to get money.


It is really funny to see some set of people saying this. If 95% of traders are complaining how difficult and risky trading is, I don't think there will be some set of people saying trading is a way of making quick money. Maybe those set of people saying so are just thinking that trading may be a way of getting quick money, but I will easily conclude they will be those that have not even once tried to trade before, or maybe they are just a set of people that follow all these social media influencers. But as for any person that has experience of trading before, they will never say this.

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tvplus006
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April 19, 2024, 07:12:27 PM
 #71

...Those who earn massively in trading are those who have dedicated 1-2 years of their time to learning a particular skill to perfection...

Not every beginner will become a successful trader after 1-2 years of diligent education. And there is no guarantee that you will receive any profit. In my opinion, in the cryptocurrency market it is easier to lose your money on trading than to make a profit.

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April 19, 2024, 07:52:34 PM
 #72

I have seen where people say trading is a quick to get money.

Then maybe people that doesn’t know about trading and have never traded before are the once that will think trading is a get rich quick scheme. Some people just see videos of how to trade on YouTube and they think trading is so easy just the way they see it on YouTube, some people are always deceived by all those signal providers on social media, they make trading looks so easy, and they make people think they can easily get rich from trading without losing money. But to be honest real traders know that trading is not easy, and it’s not a get rich quick scheme.

Experience will make them realize the truth in trading, that it’s not all about getting rich quick but it’s certainly more on mastery and good market analysis so you will end up trading successfully. Those who are not getting real experience with trading are those that mostly believe that what’s influencers are saying are certainly true and reliable, not realizing that these influencers are just feeding them wrong information so they will bite those ideas and leave these influencers in profits while leaving these beginner traders at loss due to wrong mindset with trading.
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April 19, 2024, 11:50:13 PM
 #73

Indeed, it can be called making money from the difference in coins bought even faster depending on the trend or pump coming, but on the contrary, if you do not have a good perspective and strategy, you will be destroyed by flash dumps which result in even greater losses Grin . I agree that trading is a way to trade with minimised risk, prioritising what can be gained rationally rather than ego that leads out of rely analysis. Even professionals also have their minuses, but within 1 month if you focus on strategy, of course what is calculated is how to recover and cover it into profit. I don't get that much sir, but I enjoy every profit I get even if it's a few % of my capital.


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mirakal
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April 19, 2024, 11:58:18 PM
 #74

So, how can you earn 50-1000k like them if you didn't put in the work?
Gambling - LOL.
You know - some people just gamble under the pretext of trading, it's there and even they fail to realize it.

Look at how many newcomers are hoping to get rich overnight on meme coins or bitcoin or so on. They just want to make money without doing any analysis - that is the reality among beginners which is ultimately called gambling. They don't realize that they are just hoping for luck - but they recognize themselves as traders.
I couldn’t agree more. Traders will most likely end up gamblers these days because of their high greed to gain instant amount of profits. It’s like long term planning and acquisition of knowledge and skills do not matter anymore as they thought luck still greatly matters. No wonder majority of traders end up losing their trades and losing their funds. One thing that won’t certainly happen if you trade based on your careful market analysis and keen observation on the good and reputable traders in the market.

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April 20, 2024, 12:35:19 AM
 #75

We cannot know it all, trading is not a one way experience in which once we have acquired the required skills needed to start and we may not have to bother any longer, things are not just done in such way in trading, we keep modifying the techniques we are using and the more we are doing this the better the chances on us getting improved in it, because when we know what we are doing, it will reduce the chances of losing whenever we are trading.


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tygeade
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April 20, 2024, 02:35:59 PM
 #76

That person is obviously into greed of making money. And being greedy in the market might likely end up being a loser as he will continue to chase for quick profits, when we all know trading profits will only be possible after a long day’s hard work and dedication to the market.

Trading is never easy and is always associated with risks, so if you are weak and gets easily fainted when you fail to make quick profits, then think of it, you are not actually trading in reality, but more likely you’re gambling your hard-earned funds.
Greed will of course make someone unable to achieve what they have targeted in the trades they make and this will be very detrimental to someone because they continue to chase profits and they are not aware of this so they experience losses on the trades they make.

Doing trading is not an easy thing, of course there will be risks that they have to face and we must be prepared to face losses from trading if we make mistakes in trading and self-control is of course very important so as not to trade greedily and must analyze the market so as not to make detrimental decisions.
Without a proper strategy or goal in mind, trading can't make you profit and there are a lot of people who fail to realize that. Trading is not like investment where you just let it be, sure with long term investment all you do is holding and you could make money that way, it is not going to hurt you at all.

But, when we are talking about a situation where you end up trading, you have to adjust everything much better. I personally believe that the best we could do would be setting a very strict trading strategy for ourselves and then following that very closely. If we do, then it should be possible to make a lot of money, of course depends if your strategy is good or not, if it is not good then you make it better. However, if we do not follow it, things could go very wrong.

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April 20, 2024, 03:18:35 PM
 #77

I have seen where people say trading is a quick to get money.

But I see it differently. Rather, trading is a place that shows those who work hard, put in consistency and are ready to learn and those who think they can outsmart their way in.

Those who earn massively in trading are those who have dedicated 1-2 years of their time to learning a particular skill to perfection.

So, how can you earn 50-1000k like them if you didn't put in the work?

What most people who enter the world of crypto trading do not know is that they think that it is easy to make money here, but the truth is that they are mistaken in their assumptions.
What they think is a get-rich-quick scheme is not true.

It takes time and process to study and learn it correctly; there is no shortcut here, and there are facts on the trading topic if anyone is really interested in learning it.

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Sorryfor
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April 20, 2024, 04:25:36 PM
 #78

In contrast to the way you can make money quickly from trading, you can lose your money very quickly. Trading is not an easy task at all, you need to know a lot about trading and spend a good amount of time here. However if you start trading in the beginning you may not earn profit on the contrary you may lose your funds And someone who doesn't know how to trade can take years just to learn how to trade well, even if that person starts. That's why it shouldn't be thought too easy and the way to earn huge profits overnight from here is quite difficult and time consuming.

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April 20, 2024, 05:11:51 PM
 #79

Trade is a sector where money comes in and goes out quickly, much like gambling. Once you master trading, you can earn good profits very quickly. Very few people can maintain consistency in learning a trade. Some people work for months on learning a trade but give up at some point. Trading requires constant learning of strategies and strategies are being innovated daily. If you don't have enough time and patience then you cannot progress in this sector. If you have extra money which you don't mind losing then you can continue to trade with the money otherwise you are going to lose it all very soon.
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April 20, 2024, 05:25:33 PM
 #80

Trading isn't a shortcut to wealth; it's a journey requiring dedication and skill. Quick gains are rare; success comes to those who invest time, learn, and stay consistent. Earning big demands a year or two of mastering a specific skill. Without effort, replicating their success is improbable.

Some people earn money with a single trade at the start and they think that they become a master in trading but with the passage of time they realize that becoming a trading master is not an easy thing. For trading you will have to use your learned skills and without learning success will be hard for you to achieve therefore only losers will think about quick profit whereas an expert never entered into the trading with the concept of quick earning.

The main cause of defeat in trading is primarily lack of knowledge after which greed plays a crucial part in the defeat of traders. After learning you cannot say that your knowledge is completed because masters in trading are still learning from their mistakes and get knowledge according to the newly arising technologies so how newbies can say that their knowledge is completed.



 

 

 

 

 

 


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