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Author Topic: The pressure,fear and indecisiveness that comes with trading.  (Read 989 times)
GreatArkansas
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July 01, 2024, 03:24:32 AM
 #61

(....)
Moreover,so many persons are scared away because of the pressure and fear that accompanies trading,but they need to go back and rethink,make up their mind,and come back to trading because with time,they will get to know the modus Operandi of trading,and how it works.
Experience is the best teacher here. Because everything you will learn along the roads. Practice and experience and proper education and knowledge.
Every successful trader started where you are now. With time, persistence, and continuous learning, you can develop your trading skills and confidence, just trust the process.

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July 01, 2024, 08:32:41 AM
 #62

Trading has always had it ups and downs,but you come to realize that those ups and downs are what really makes trading interest and unpredictable,this is the reason why before one becomes a trader,he should try to see the risks of it and the good side of it because if he rushes  into it without making some research about it,knowing the right things to do,it will down on him at the zero zero hour.
Moreover,so many persons are scared away because of the pressure and fear that accompanies trading,but they need to go back and rethink,make up their mind,and come back to trading because with time,they will get to know the modus Operandi of trading,and how it works.

A lot of people can’t take the pressure and so they are in constant fear of not losing their money this fear is what causes the downfall of many traders. As you go into trading you are expected to have at least basic knowledge about it so you know what to expect and how it works, the uncertainty of trading and the risk associated with it and prepare yourself towards overcoming all the pressure and fear towards becoming a successful trader. It also requires being mentally prepared for the ups and downs of trading and those you think they are incapable should not risk their money to trading. Some will see that it’s quite profitable but it also carries same level of risk as the profits one can make.

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July 01, 2024, 03:05:26 PM
 #63

Moreover,so many persons are scared away because of the pressure and fear that accompanies trading,but they need to go back and rethink,make up their mind,and come back to trading because with time,they will get to know the modus Operandi of trading,and how it works.

So OP, do you think those who don't consider trading a reliable and profitable skill in their zone, need to reconsider trading? Why do you think they need to do that there can be many reasons to avoid trading, lack of knowledge, high risk. Also what I think is trading is not for everyone, only those who have some skills and determination should try trading.

There's no doubt it's a stressful job if you are a newbie, and that really not reliable because market psychology is something in which even sometimes experienced traders get trapped.

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SamReomo
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July 01, 2024, 03:25:07 PM
 #64

Every successful trader started where you are now. With time, persistence, and continuous learning, you can develop your trading skills and confidence, just trust the process.
Very true, no trader born as a trader everyone of those learnt it after doing it practically for many years. Trading is not a skill that someone learns within a month or year, it's a skill that requires time, patience, and consistent practice of many years.

I've been a crypto trader since 2016 and I was into forex and other types of trading before it and I can say that one can't be a good trader within a month or years because those who make some profits in first month or first year aren't good traders but lucky guys and when their luck stops favoring them then they continuously lose money in trading.

If someone wants to be a part then that person should keep in his/her mind that trading isn't a child's play  and it's way tough when volatility is high. One should give proper time to learn trading, technical analysis, and research in order to make some money or a fortunate as a trader. And that thing can sometimes take years of practice and control over ones emotions.

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July 01, 2024, 06:14:11 PM
 #65

Every successful trader started where you are now. With time, persistence, and continuous learning, you can develop your trading skills and confidence, just trust the process.
Very true, no trader born as a trader everyone of those learnt it after doing it practically for many years. Trading is not a skill that someone learns within a month or year, it's a skill that requires time, patience, and consistent practice of many years.

I've been a crypto trader since 2016 and I was into forex and other types of trading before it and I can say that one can't be a good trader within a month or years because those who make some profits in first month or first year aren't good traders but lucky guys and when their luck stops favoring them then they continuously lose money in trading.

If someone wants to be a part then that person should keep in his/her mind that trading isn't a child's play  and it's way tough when volatility is high. One should give proper time to learn trading, technical analysis, and research in order to make some money or a fortunate as a trader. And that thing can sometimes take years of practice and control over ones emotions.
Or simply, we do all starts on being a noob on which it would really be just that normal that there would really be things in life that we dont really know and on the moment that we do start up on dealing with it
then of course we would really be starting on the bottom on which there's no way that you could really be able to tell on what would be the results considering that we are just new on which we are really that prone to tons of mistakes and errors, but just as been said that this is the only way that we would really be able to learn up new things on which having that kind of engagement on which this is something that all of us would really be that experiencing it out along the way. Being that having those pressure,fear and anxiety etc.. Then it would be normal since we are just humans that dont like to lose money.

If you are someone whose really that not wanting to take up some risks on learning something new or skills then you wont really be that progressive and you wont really be seeing any
betterment when it comes to skills on which we know that experience would really be always the main key for you to reach out such condition.

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July 01, 2024, 06:39:40 PM
 #66

(....)
Moreover,so many persons are scared away because of the pressure and fear that accompanies trading,but they need to go back and rethink,make up their mind,and come back to trading because with time,they will get to know the modus Operandi of trading,and how it works.
Experience is the best teacher here. Because everything you will learn along the roads. Practice and experience and proper education and knowledge.
Every successful trader started where you are now. With time, persistence, and continuous learning, you can develop your trading skills and confidence, just trust the process.

I thought that was wise advice for him, GreatArkansas. We all know that it is impossible to become big on the first day, of course we need to study, observe and analyze until we gain knowledge and experience. Trading cannot always be expected to provide profits for every trader, so they also need to try anticipatory strategies so as not to lose all their money. How long or quickly a trader learns depends on his interest and consistency, but sometimes it is also influenced by his fragile mentality.
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July 01, 2024, 08:41:43 PM
 #67

Very true, no trader born as a trader everyone of those learnt it after doing it practically for many years. Trading is not a skill that someone learns within a month or year, it's a skill that requires time, patience, and consistent practice of many years.

I've been a crypto trader since 2016 and I was into forex and other types of trading before it and I can say that one can't be a good trader within a month or years because those who make some profits in first month or first year aren't good traders but lucky guys and when their luck stops favoring them then they continuously lose money in trading.

If someone wants to be a part then that person should keep in his/her mind that trading isn't a child's play  and it's way tough when volatility is high. One should give proper time to learn trading, technical analysis, and research in order to make some money or a fortunate as a trader. And that thing can sometimes take years of practice and control over ones emotions.
Lamentably, there are many people that believe otherwise, they think about trading as an easy way to get rich and with little effort, not realizing that trading is incredibly difficult to do it right, since you are competing against traders all around the world, and you need to be incredibly competent in order to beat them, so once those people try to trade they get frustrated by the level of difficulty they have to face, and that is when they try to find signals or pump and dump groups and they get themselves scammed by those people.
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July 01, 2024, 09:01:59 PM
 #68

The difference between trading and other skills is that with other skills you may not necessarily lose money while in the learning process, but with trading, you'll lose money. That has to always be at the back of your mind. One common thing about every skill is that the more time you devote to it and how willing you are to learn what will determine how successful you become at what you do.
I have always believed that you excel at something if you like what you do and I still believe that. If you don't like trading, you'll always find it either too hard or too boring, that's why you have to do what you like so it can be relatively easier for you to learn. Don't be enticed only by the amount of money other traders make out of it.

R


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July 01, 2024, 09:16:56 PM
 #69

Trading has always had it ups and downs,but you come to realize that those ups and downs are what really makes trading interest and unpredictable,this is the reason why before one becomes a trader,he should try to see the risks of it and the good side of it because if he rushes  into it without making some research about it,knowing the right things to do,it will down on him at the zero zero hour.
Moreover,so many persons are scared away because of the pressure and fear that accompanies trading,but they need to go back and rethink,make up their mind,and come back to trading because with time,they will get to know the modus Operandi of trading,and how it works.

A lot of people can’t take the pressure and so they are in constant fear of not losing their money this fear is what causes the downfall of many traders. As you go into trading you are expected to have at least basic knowledge about it so you know what to expect and how it works, the uncertainty of trading and the risk associated with it and prepare yourself towards overcoming all the pressure and fear towards becoming a successful trader. It also requires being mentally prepared for the ups and downs of trading and those you think they are incapable should not risk their money to trading. Some will see that it’s quite profitable but it also carries same level of risk as the profits one can make.
On the moment that you would be stepping out into this market then it would really be just that right that you should really be that mindful about on the risks involved with it. So that on the moment that you've seen yourself dealing up with volatile market then you wont really be that making yourself that way too impulsive on which you are already that prepared at least on what are the things that you might encounter.
Fear would really be just that normal because dealing up with something that we hadnt been able to experience before will really be giving out that kind of feeling or emotion.

Trading isnt something that you can be able to learn in a short period of time on which it would really be just that normal that you will really be thinking up on ways or methods on how you would
really be able to sustain yourself on dealing up with volatile space but of course this one wont really be that so easy. This is why you should really be watching out on the things
that you are dealing and be trying out to make some realistic goals or targets and accept out on whatever conditions that you might face on.

R


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July 02, 2024, 02:40:03 AM
 #70

People should, but people won't. They will be a lot more fearless when they are using demo, and some of them will get lucky by making some wild trades, and make a huge profit. Then, those same people will think that they can do the same at the real thing, and will try their chance, and instead they are going to end up with a lot of loss.

Demo trading should be acted like it's the real thing but we are not seeing people acting like that very frequently, that is the problem and I think it will keep being the problem as well. I think the reality is that we should consider the situation being very careful and very risky, we can't really make it work any other way. Demo can't be considered just like the real thing, it's that simple.
The knowledge that you are using a demo account and it is not the real thing can't be that hard and if anyone is acting crazy and doing all kinds of risky stuff while demo trading and thinks that they will be as right in real trading as the yare in demo trading when they are taking those risks, then those people do deserve to lose the money anyway.

First of all, you can't just do a few good deals and suddenly move to real thing, you should do at least three months, and at least 100 trades, if you do that then you are going to end up having the realization that you can't have them all winners which would mean that we are going to end up with a greater result one way or another. With that in mind, we will get to do a lot better.

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July 02, 2024, 06:52:03 PM
 #71

People should, but people won't. They will be a lot more fearless when they are using demo, and some of them will get lucky by making some wild trades, and make a huge profit. Then, those same people will think that they can do the same at the real thing, and will try their chance, and instead they are going to end up with a lot of loss.

Demo trading should be acted like it's the real thing but we are not seeing people acting like that very frequently, that is the problem and I think it will keep being the problem as well. I think the reality is that we should consider the situation being very careful and very risky, we can't really make it work any other way. Demo can't be considered just like the real thing, it's that simple.
The knowledge that you are using a demo account and it is not the real thing can't be that hard and if anyone is acting crazy and doing all kinds of risky stuff while demo trading and thinks that they will be as right in real trading as the yare in demo trading when they are taking those risks, then those people do deserve to lose the money anyway.

First of all, you can't just do a few good deals and suddenly move to real thing, you should do at least three months, and at least 100 trades, if you do that then you are going to end up having the realization that you can't have them all winners which would mean that we are going to end up with a greater result one way or another. With that in mind, we will get to do a lot better.
True, on the moment that you do have that not real funds then there would really be no sense of having that kind of being careful just because you do know that you wont really be losing something or
simply its not real money on which on every steps you would really be taking then you would really be that confident with that, which is really that totally opposite when you do make use of real funds
on where you would really be that careful on every steps that you are making. Somehow its not really that bad to have that demo thing before you do go live trading but this would really be just that
for knowing the terms and on how it works but the real learning would really be coming through live trading and this is something that you should really be considering to proceed on.

As for emotions that you would be able to feel out on live trades then it would be normal because we would really be doing our very best on minimizing the risks as minimal as possible and this is why
you would really be that having that kind of thinking about trying out to make good entries and exits.

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July 02, 2024, 08:38:34 PM
 #72

Lamentably, there are many people that believe otherwise, they think about trading as an easy way to get rich and with little effort, not realizing that trading is incredibly difficult to do it right, since you are competing against traders all around the world
Quite true, but someone who's a newbie doesn't understand that and that's why they get their accounts emptied within days. As a trader you have to think better than most traders and investors in order to make profitable trades and especially when you're competing against top level traders.

Not only traders but there are manipulators who manipulate the market from time to time. There also exist the owner of pump and dump groups who inspire newbie traders with hope that they'll get a coin pumped by 100% to 1200% or even more but actually they have bought the coin when it was already dumped and now want the newbies to add liquidity to a pair so they can exit with 50% to 80% profit or more.

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July 03, 2024, 11:36:39 PM
 #73

Very true, no trader born as a trader everyone of those learnt it after doing it practically for many years. Trading is not a skill that someone learns within a month or year, it's a skill that requires time, patience, and consistent practice of many years.

I've been a crypto trader since 2016 and I was into forex and other types of trading before it and I can say that one can't be a good trader within a month or years because those who make some profits in first month or first year aren't good traders but lucky guys and when their luck stops favoring them then they continuously lose money in trading.

If someone wants to be a part then that person should keep in his/her mind that trading isn't a child's play  and it's way tough when volatility is high. One should give proper time to learn trading, technical analysis, and research in order to make some money or a fortunate as a trader. And that thing can sometimes take years of practice and control over ones emotions.
Lamentably, there are many people that believe otherwise, they think about trading as an easy way to get rich and with little effort, not realizing that trading is incredibly difficult to do it right, since you are competing against traders all around the world, and you need to be incredibly competent in order to beat them, so once those people try to trade they get frustrated by the level of difficulty they have to face, and that is when they try to find signals or pump and dump groups and they get themselves scammed by those people.

I am sure that this mindset exists within them because they have seen the success achieved by traders who are already successful, they see the luxurious life that successful traders have, and as we know, in the internet world especially social media luxury has become people's daily diet where they always see people who have luxurious lives and when these rich people tell their stories where they achieved all this wealth as a form of success in the world of trading then yes of course that is the case. This is a big motivation for most people, where people start to try and have high hopes, along with the assumption that trading is the right solution to improve their financial situation or think that trading is a get rich quick scheme, but don't first do research about what and how. actually trading, so that in the end they move on the wrong path and when they feel frustrated because it turns out everything is not as beautiful as they previously imagined then yes as you said that in the end they try to hang their fate on other people such as disreputable signal groups so they are deceived.

Basically, trading is a difficult profession, but there are those who succeed, meaning that the majority of those who fail are those who didn't do research from the start to really consider whether or not they would be able to go through the whole process. or it could also be because they are always lazy to study.

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July 03, 2024, 11:41:26 PM
Last edit: July 08, 2024, 07:03:22 PM by AmoreJaz
 #74

Lamentably, there are many people that believe otherwise, they think about trading as an easy way to get rich and with little effort, not realizing that trading is incredibly difficult to do it right, since you are competing against traders all around the world
Quite true, but someone who's a newbie doesn't understand that and that's why they get their accounts emptied within days. As a trader you have to think better than most traders and investors in order to make profitable trades and especially when you're competing against top level traders.

Not only traders but there are manipulators who manipulate the market from time to time. There also exist the owner of pump and dump groups who inspire newbie traders with hope that they'll get a coin pumped by 100% to 1200% or even more but actually they have bought the coin when it was already dumped and now want the newbies to add liquidity to a pair so they can exit with 50% to 80% profit or more.

If you are a beginner in this trading market, you should only start using spare funds so as to get the grasp of what's going on. Sooner or later, you will understand that it is not easy to earn profits from this market. Do remember, each coin/token is different. Hence, if you involve yourself to one or more of these projects, you should keep up with their developments so as not to be left behind.

Those pump and dump groups will always be there. Now, it is on you how you can spot them. If you have been in this market long enough, you can easily see them in alts with low cap. As they are using small funds to create sudden movement in the trading market, don't be tempted to buy in, because high likely, it can go down fast and you will likely end up holding worthless coins.

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July 04, 2024, 12:00:37 PM
 #75

Sooner or later, you will understand that it is not easy to earn profits from this market.
I believe in few days new traders understand that it's not possible to earn profits without learning trading and the market at first place. Even I have faced some good losses when I started crypto trading. Most of those losses were because of bad coin choices and that's why I always suggest new traders to choose only reputable altcoins or stick to Bitcoin only.

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July 04, 2024, 03:44:07 PM
 #76

Trading has always had it ups and downs,but you come to realize that those ups and downs are what really makes trading interest and unpredictable,this is the reason why before one becomes a trader,he should try to see the risks of it and the good side of it because if he rushes  into it without making some research about it,knowing the right things to do,it will down on him at the zero zero hour.
Moreover,so many persons are scared away because of the pressure and fear that accompanies trading,but they need to go back and rethink,make up their mind,and come back to trading because with time,they will get to know the modus Operandi of trading,and how it works.

Fear is normal thing but when you think too much about loss in trading, you will even forget that you have practice trading. Fear limit how you think and execute your lessons, fear makes you an emotional gambler instead of a trader with knowledge trying to execute it to experience. Though, sometimes emotions help you avoid some losses  when you don't know what to do especially when marketing is crashing without any tangible information.

It's takes many trees to form a forest, there is no way you can become a professional trader over night. Those fears are what makes you a reserve trader because you know that in every open order you do, there is either profits to be made or loss but you don't have choice than to accept whatever comes after, you either get profits or loss but if you are have done your analysis very well enough, you have nothing to fear about because in every 10 trades you do, you will make atleast 7 profits on average.


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July 04, 2024, 04:16:54 PM
 #77

Trading has always had it ups and downs,but you come to realize that those ups and downs are what really makes trading interest and unpredictable,this is the reason why before one becomes a trader,he should try to see the risks of it and the good side of it because if he rushes  into it without making some research about it,knowing the right things to do,it will down on him at the zero zero hour.
Moreover,so many persons are scared away because of the pressure and fear that accompanies trading,but they need to go back and rethink,make up their mind,and come back to trading because with time,they will get to know the modus Operandi of trading,and how it works.

Fear is normal thing but when you think too much about loss in trading, you will even forget that you have practice trading. Fear limit how you think and execute your lessons, fear makes you an emotional gambler instead of a trader with knowledge trying to execute it to experience. Though, sometimes emotions help you avoid some losses  when you don't know what to do especially when marketing is crashing without any tangible information.

It's takes many trees to form a forest, there is no way you can become a professional trader over night. Those fears are what makes you a reserve trader because you know that in every open order you do, there is either profits to be made or loss but you don't have choice than to accept whatever comes after, you either get profits or loss but if you are have done your analysis very well enough, you have nothing to fear about because in every 10 trades you do, you will make atleast 7 profits on average.


We are just humans and fear is indeed normal and this is something that needs you to be shy on because this would really be the primary thing that you would really be able to encounter on the time or moment
that you do find yourself dealing up with this space on which we know that it is really that hard to predict on where it would be going. This is why on the time that you do tend to deal up with this space
then better make yourself having that kind of acceptance about those probabilities on which of course its just normal since you are dealing with a volatile space. Fear and doubts will really be that something that
you will be able to feel. The key on here is that you should really be making up some strategies or methods that catches up if ever you do see opportunities or trying out to avoid on something.

Results or outcome will really be that determined on how well you do make yourself having that kind of decision making on the moment that you do deal up with this space.
On the moment that you do get that sufficient experience and awareness on how it works then you would be able to make yourself that established in terms of emotions.

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July 04, 2024, 07:59:01 PM
 #78

Trading has always had it ups and downs,but you come to realize that those ups and downs are what really makes trading interest and unpredictable,this is the reason why before one becomes a trader,he should try to see the risks of it and the good side of it because if he rushes  into it without making some research about it,knowing the right things to do,it will down on him at the zero zero hour.
Moreover,so many persons are scared away because of the pressure and fear that accompanies trading,but they need to go back and rethink,make up their mind,and come back to trading because with time,they will get to know the modus Operandi of trading,and how it works.

My most common used words for situations like this is that, nothing good comes easy and for you to build a successful temple, you have to have a solid foundation to hold it up to whatever time you want the building to last and be upright. Trading is not simple and if you’re not ready to sacrifice your time, effort and all you got into it, you’ll leave trading very soon than you should have stayed longer to know how it works more perfectly. Those that are successful in trading always have a story to tell, the stories are just meant to encourage you not to give up in your pursuit, but not you thinking that anything will come to you that easy. If you want quick sorry, it won’t last for you and you would regret why you’d rushed to make it that quick.

Trading is a very lucrative skill, but it requires you to be patient and follow it calmly in order to be successful in it. Years will vary depending on how you can assimilate and understand things better, but when you’ve had a grasp of it, you’re made for life with it. Losses will definitely come by again but your wins will overshadow the losses that you won’t know that you’re even incurring any loss. So take your time and make up your mind to be successful in it and one day you’ll achieve that which you set out your mind for to achieve.

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July 04, 2024, 11:31:54 PM
 #79

Trading has always had it ups and downs,but you come to realize that those ups and downs are what really makes trading interest and unpredictable,this is the reason why before one becomes a trader,he should try to see the risks of it and the good side of it because if he rushes  into it without making some research about it,knowing the right things to do,it will down on him at the zero zero hour.
Moreover,so many persons are scared away because of the pressure and fear that accompanies trading,but they need to go back and rethink,make up their mind,and come back to trading because with time,they will get to know the modus Operandi of trading,and how it works.
Do you know why every trader is advised to be consistent, never give up, improve your strategy, exercise, these are all useful for making a trader able to make the right decisions because no losses will occur when you never give up and deepen your skills in trading.
i really remember the words of a fairly senior trader, he said that trading is an activity that will never end, as long as you are still trading you have to keep learning and learning.

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July 05, 2024, 01:24:16 AM
 #80

Trading has always had it ups and downs,but you come to realize that those ups and downs are what really makes trading interest and unpredictable,
Agreed 💯!!
You know how they say experience is the best teacher Cool, I want to believe that this applies here and everything else we do in life... Having to experience the downs shape us to become better traders and avoid doing the same mistakes because if we don't go through this, a time will come when more money is risked and learn the hard way which will be too late....So basically failing is part of a success story.

this is the reason why before one becomes a trader,he should try to see the risks of it and the good side of it because if he rushes  into it without making some research about it,knowing the right things to do,it will down on him at the zero zero hour.
I kind of disagree with this because we all learn differently and every trader has their own trading style, trading preference, risk appetite etc which means a path that might not have worked for us doesn't mean it can't work for someone out there.

Moreover,so many persons are scared away because of the pressure and fear that accompanies trading,but they need to go back and rethink,make up their mind,and come back to trading because with time,they will get to know the modus Operandi of trading,and how it works.
It's okay to be scared as this is part of the baby steps into getting the confidence to trade or whatever you want to face.

 
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