Fredomago
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July 15, 2024, 07:13:34 AM |
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You'll never succeed if you don't have that desire to learn more, if by a single mistake and losing money is the only basis to quit then trading will not going to work for you, there are lots of experience losses that may take place as the market always have it's own up and down, it's you that needs to adjust and adopt if you want to succeed.
There are failures which mostly cause of wrong decision making and wrong assessment and analysis but you can use those mistakes by learning from it and not to allow yourself repeating the same patterns.
Learning about trading is of course very important to be able to make a profit from the trading that we do and it is absolutely impossible to make a profit without knowledge and skills in trading and in fact we often see those who already have a lot in trading still learning about trading to can get good results and if someone starts trading and they experience failure but don't learn from the failure they experienced of course this will make them lose their money when they try to trade again without learning about the mistakes they have made of course the results they The gain will remain the same, but if we really want to get good results from trading, of course we have to take the time to study so we can get good results from trading. Take time to analyze and point out all those possible mistakes that you've done from your first hand experienced, that will allow you to learn and make a good adjustments, like what you mentioned if you don't learn from that mistake then it will be the same thing when you try positioning your trade, it's a never ending learning process as the market is fluctuating from time to time. You need to be ready to adopt and change your trading style, it's needed to be sync with how the market is moving forward.
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Dewi Aries
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July 15, 2024, 04:28:20 PM |
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Learning about trading is of course very important to be able to make a profit from the trading that we do and it is absolutely impossible to make a profit without knowledge and skills in trading and in fact we often see those who already have a lot in trading still learning about trading to can get good results and if someone starts trading and they experience failure but don't learn from the failure they experienced of course this will make them lose their money when they try to trade again without learning about the mistakes they have made of course the results they The gain will remain the same, but if we really want to get good results from trading, of course we have to take the time to study so we can get good results from trading.
Take time to analyze and point out all those possible mistakes that you've done from your first hand experienced, that will allow you to learn and make a good adjustments, like what you mentioned if you don't learn from that mistake then it will be the same thing when you try positioning your trade, it's a never ending learning process as the market is fluctuating from time to time. You need to be ready to adopt and change your trading style, it's needed to be sync with how the market is moving forward. Taking time to evaluate yourself is always something that a trader must have and prepare for, this is useful for telling you about what mistakes you made so that you experienced losses in unusual amounts, I understand that in trading losses will always be reasonable results, but when you experience losses that are more than usual then of course evaluating yourself and the various strategies you have is an action that must be taken. Basically, mistakes will always be a possibility that all humans will definitely make, or as the saying goes, humans will never escape mistakes because there are many factors that cause or encourage someone to make these mistakes without them realizing it, meaning That's normal, but as long as you are willing to learn, especially learn about the various mistakes that you have identified and correct them slowly, I am sure that the process will never betray the results, in the sense that one day you will succeed in reaching a point where consistent profits are in your hands. . On the other hand, yes, I also agree with your idea that in trading one must always be willing to learn new things because the market will continue to move and create various new things.
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imamusma
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July 15, 2024, 05:10:13 PM |
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~~
Learning about trading is of course very important to be able to make a profit from the trading that we do and it is absolutely impossible to make a profit without knowledge and skills in trading and in fact we often see those who already have a lot in trading still learning about trading to can get good results and if someone starts trading and they experience failure but don't learn from the failure they experienced of course this will make them lose their money when they try to trade again without learning about the mistakes they have made of course the results they The gain will remain the same, but if we really want to get good results from trading, of course we have to take the time to study so we can get good results from trading. Take time to analyze and point out all those possible mistakes that you've done from your first hand experienced, that will allow you to learn and make a good adjustments, like what you mentioned if you don't learn from that mistake then it will be the same thing when you try positioning your trade, it's a never ending learning process as the market is fluctuating from time to time. You need to be ready to adopt and change your trading style, it's needed to be sync with how the market is moving forward. Sharpening trading skills is one part of a person's trading goals. Not only do they target returns from each trading session, but they also need to hone their analytical skills and take several profitable approaches. Developing a trading strategy is considered important instead of just focusing on one strategy only, but I don't think one needs to force to keep trading if the market is not very profitable. There are times when traders need to rest and there are times when they attack the market with all their budgets, of course this must be conditioned and traders must understand when it is time.
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ancafe
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July 15, 2024, 05:40:16 PM |
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If there are other reasons why traders lose money, share them with me.
That's why we cannot completely avoid losses when trading and even though the strategy we use is quite consistent, there are times when we are at an unprofitable moment. Discipline, lack of knowledge, not having a trading strategy and overtrading are the reasons why someone does not have the knowledge to carry out trading correctly. So they do not have the ability to minimize the risk of loss and they also do not understand when to stop to take a position to exit a trade. The most important thing is that people must understand that trading cannot always provide profits and this must be a reference in order to be better prepared to face the risk of loss. If you experience a loss in the previous trade, then in the next trade you must be able to cover the loss. That's the real way to trade to avoid repeated losses.
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tygeade
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July 16, 2024, 04:10:03 AM |
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Learning about trading is of course very important to be able to make a profit from the trading that we do and it is absolutely impossible to make a profit without knowledge and skills in trading and in fact we often see those who already have a lot in trading still learning about trading to can get good results and if someone starts trading and they experience failure but don't learn from the failure they experienced of course this will make them lose their money when they try to trade again without learning about the mistakes they have made of course the results they The gain will remain the same, but if we really want to get good results from trading, of course we have to take the time to study so we can get good results from trading.
Take time to analyze and point out all those possible mistakes that you've done from your first hand experienced, that will allow you to learn and make a good adjustments, like what you mentioned if you don't learn from that mistake then it will be the same thing when you try positioning your trade, it's a never ending learning process as the market is fluctuating from time to time. You need to be ready to adopt and change your trading style, it's needed to be sync with how the market is moving forward. That is definitely the way to go, if you know your mistake and what went wrong, and study your mistakes then you are going to end up with something that will feel better. If that is what you want, then you are going to end up with a good result, it should give you the right type of profit. But, if you ignore your mistakes or not learn from them then you are going to end up making even more of them, which isn't a smart thing to do. A lot of people ignore it, or blame other stuff like the market or influencers they got influenced by, and so forth. They need to learn how to trade, and they need to learn how to do better, which they should be doing more about as well. This should be the most important part of your studying, just learn how to trade.
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fullhdpixel
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 17, 2024, 06:14:34 PM |
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Losing money in trading is a normal thing but how well are you managing your losses and how many wins do you have ? How many wins do you need to cover your loses?
No matter how professional you are, there is one thing you can’t avoid as a trader, which is loss. You can’t completely avoid that in trading, you will be able to reduce it, but it can’t be avoided. But if you are trading, always make sure you monitor your profits and losses. If your losses are becoming more frequent and they're more than your profits, then there is something wrong, which you need to check. Just stop trading at that time and do more research to know when you are getting things wrong. Without losses, trader can't be having things in control and can go for the better future in this field as this is important part of the trading but as mentioned we are having few points above in posts like too many trades and time are also important for having better things for having good profit in trade because if we are having no well control system about having entry on right time we still can suffer and having too many trades are also never been ideal. Staying in touch for the better results and doing research is always helpful for any trader because if he fails to do things then loses can go long and things also can go on negative side which is surely having serious trouble if things are not working as they needed then stop this all and check your mistake and try to avoid them in future which will be also helpful.
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ndutndut
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 17, 2024, 06:25:04 PM |
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If there are other reasons why traders lose money, share them with me.
That's why we cannot completely avoid losses when trading and even though the strategy we use is quite consistent, there are times when we are at an unprofitable moment. Discipline, lack of knowledge, not having a trading strategy and overtrading are the reasons why someone does not have the knowledge to carry out trading correctly. So they do not have the ability to minimize the risk of loss and they also do not understand when to stop to take a position to exit a trade. The most important thing is that people must understand that trading cannot always provide profits and this must be a reference in order to be better prepared to face the risk of loss. If you experience a loss in the previous trade, then in the next trade you must be able to cover the loss. That's the real way to trade to avoid repeated losses. Agree. We must understand that trading is not always profitable, sometimes we have to face losses. This mindset actually must be had in every trade, because with this mindset we continue to be careful when trading. Many beginners think that trading always provides multiple profits, so they lose a lot in trading because of their wrong mindset from the start. Trading knowledge is not just about buying and selling, but you also have to have the ability to analyze the market, especially since the market is very volatile at any time, so reading the news or following crypto developments must also be done at all times so that we can minimize losses. Make every trade a lesson for every decision you make, both when you make a profit and when you experience a loss.
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AYOBA
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 17, 2024, 09:51:02 PM |
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2/ Lack of knowledge—Inadequate understanding of the market, trading strategy, financial instruments, and fundamentals can lead to poor decision-making.
Yeah that's part of main problem of some traders they don't wait to get enough knowledge and proper exprences about the trading, they will just jump after into it after they are unaware of the risks that is involved. And that's why they quickly make wrong decisions for themselves. 3/ Not having a mechanical trading system—This leads to emotional trading. Decisions driven by emotions like fear and greed rather than rational analysis result in significant losses.
A trading deserve a lot of things that a person need to get before introducing himself into it, first what you mentioned earlier which is emotional any every traders most have the emotional, secondary patience he most learned how to be patience enough and also know how to control the market strategies if not he will not achieve anything in trading.
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kawetsriyanto
Legendary
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Up to 300% + 200 FS deposit bonuses
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July 17, 2024, 11:56:02 PM |
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I think we can't blame them because social media is driving everyone crazy with all these trends about meme coins and other newly launched cryptocurrencies providing huge profits to some investors and then the whole social media starts promoting meme coins and newly launched coins without doing any research or having any knowledge, just because those projects ask them to post about them and invite others, they do it blindly.
Yep, we can't blame the social media, but we can blame those people who are easily deceived by sweet stories in social media. Everyone must know that there are too many untrusted news/issues in social media. They must do a little research at least, don't easily decide anything instantly. The crazy hype/trends on crypto such as meme coins, have happened many times ago. It is not the first time we see that hype/trends. If we want to google, we must find out the bad sides and good sides related to the trends. It is only about the laziness, so people are easily deceived. And those who read these posts and have never heard about cryptocurrencies before, start taking interest, and what can you expect when one unknowledgeable person learns from another unknowledgeable person? It will bring chaos, without a doubt, and that is what we are seeing right now.
Normally, if someone never heard or knows about something, he must try to find out more information ( detailed information) about it. It is simply unacceptable if someone tries to join something carelessly that he never knows about it.
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irhact
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July 18, 2024, 10:29:29 PM |
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You need to be ready to adopt and change your trading style, it's needed to be sync with how the market is moving forward.
This is how you stay winning as a trader but many individuals think that they have to stay with their winning strategy with a token and not to change their style with the market. Every bull market has a new trending tokens that you can trade and make profits from. If you do not forget about the old tokens and still believing that they're going to give your profits, you'll miss out and the old tokens can't give you profits like the new tokens that will be loud and in the news all the time. The biggest cryptocurrency profits come from tokens that are trending and not those tokens that nobody knows about.
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ancafe
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July 19, 2024, 01:01:54 AM |
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Agree. We must understand that trading is not always profitable, sometimes we have to face losses. This mindset actually must be had in every trade, because with this mindset we continue to be careful when trading. Many beginners think that trading always provides multiple profits, so they lose a lot in trading because of their wrong mindset from the start.
Trading knowledge is not just about buying and selling, but you also have to have the ability to analyze the market, especially since the market is very volatile at any time, so reading the news or following crypto developments must also be done at all times so that we can minimize losses. Make every trade a lesson for every decision you make, both when you make a profit and when you experience a loss.
If we have the ability to control emotions, management and have fundamental indicators then experiencing losses when trading does not affect our psychology because we already understand the basics. The mindset of getting big profits from trading carried out by beginners is a mistake because they do not have good knowledge, experience and skills. Trading is not easy to carry out, especially if someone doesn't have the knowledge and it's best to learn first so you can minimize losses. In essence we have to learn first before getting directly involved in trading and try to take steps in a much smaller amount to gain experience. Once we understand how to do it well, we can improve it slowly so that we don't experience losses every time we trade.
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stomachgrowls
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July 19, 2024, 10:12:09 AM |
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Agree. We must understand that trading is not always profitable, sometimes we have to face losses. This mindset actually must be had in every trade, because with this mindset we continue to be careful when trading. Many beginners think that trading always provides multiple profits, so they lose a lot in trading because of their wrong mindset from the start.
Trading knowledge is not just about buying and selling, but you also have to have the ability to analyze the market, especially since the market is very volatile at any time, so reading the news or following crypto developments must also be done at all times so that we can minimize losses. Make every trade a lesson for every decision you make, both when you make a profit and when you experience a loss.
If we have the ability to control emotions, management and have fundamental indicators then experiencing losses when trading does not affect our psychology because we already understand the basics. The mindset of getting big profits from trading carried out by beginners is a mistake because they do not have good knowledge, experience and skills. Trading is not easy to carry out, especially if someone doesn't have the knowledge and it's best to learn first so you can minimize losses. In essence we have to learn first before getting directly involved in trading and try to take steps in a much smaller amount to gain experience. Once we understand how to do it well, we can improve it slowly so that we don't experience losses every time we trade. But before you would really be able to do such thing, you would really be still be able to experience those bad decisions which would be ending up on bad outcomes on which we know that this is something that will really be a normal thing that you would really be able to encounter. On the moment or time that you do find yourself having such struggle then it would be sensible that you would really be making out adjustments according on what you have experienced on which it would really be something a normal approach that you would really be doing. Losing is inevitable or something that cant be avoided but doesnt mean that you cant be able to lessen up the risks on losing money. This is where experience and skills would really be that relevant or in differences in between traders. The more experienced and knowledgeable you are the better profit that you could really be able to make. It all matters about adjustment and the things that you should gonna do on the moment that you do faced up certain conditions and act accordingly basing up on the things that you had experienced in the past.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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Catenaccio
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July 19, 2024, 10:44:22 AM |
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This is how you stay winning as a trader but many individuals think that they have to stay with their winning strategy with a token and not to change their style with the market.
There is no strategy that works forever in trading and traders will lose money with winning strategies in their belief if they won't care of risk management and capital management well. When market changes trend, a winning strategy can turn to be a bad one and lack of proper risk management, a trader will face with very bad trading result. Every bull market has a new trending tokens that you can trade and make profits from. If you do not forget about the old tokens and still believing that they're going to give your profits, you'll miss out and the old tokens can't give you profits like the new tokens that will be loud and in the news all the time. The biggest cryptocurrency profits come from tokens that are trending and not those tokens that nobody knows about.
Tokens are created by trends are not good to be trusted in their quality, security, applicable ideas for their projects and dedication of their teams on developing the projects with time. I avoid to spend money to trending tokens because I see this risk and don't want to let my greed and money goes to these possible soon-to-die projects.
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Oshio-man
Jr. Member
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Jesus is coming very soon.
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July 19, 2024, 11:19:15 AM |
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Lack of patience, once you see any trader loss money in the cryptocurrency trading, show that the trader lack patience because that is the easiest way some people use to lose in the trading because they will not be bold to continue holding than to listen to some information that will make them to rush to trade for loss, yes, lack of knowledge can cause many losses to traders because some traders don't have the knowledge of trading cryptocurrency which you can notice it from their trading, because they like to trade when the red candle light is on in the market which is a sign of loss in the market.
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GiftedMAN
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July 19, 2024, 01:39:11 PM |
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Lack of patience, once you see any trader loss money in the cryptocurrency trading, show that the trader lack patience because that is the easiest way some people use to lose in the trading because they will not be bold to continue holding than to listen to some information that will make them to rush to trade for loss, yes, lack of knowledge can cause many losses to traders because some traders don't have the knowledge of trading cryptocurrency which you can notice it from their trading, because they like to trade when the red candle light is on in the market which is a sign of loss in the market.
The only means I think that lack of patience can affect a trader or make the trader to lose in Trading is if the trader did not endure to take adequate time to get proper knowledge before entering into trading, except this, no matter how long a trader endures or gets patience he can't get profit in trading unless such person is into long time bitcoin investment which I believe is different from trading. In order to prevent losses in trading, having adequate knowledge to know when to enter the market and when to pull out helps a lot and having prosper knowledge on trading signals helps the trader to reduce losses in trading which I think is better for a trader to have instead of being patience when it won't get better any time.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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Mahanton
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July 19, 2024, 09:42:17 PM |
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Lack of patience, once you see any trader loss money in the cryptocurrency trading, show that the trader lack patience because that is the easiest way some people use to lose in the trading because they will not be bold to continue holding than to listen to some information that will make them to rush to trade for loss, yes, lack of knowledge can cause many losses to traders because some traders don't have the knowledge of trading cryptocurrency which you can notice it from their trading, because they like to trade when the red candle light is on in the market which is a sign of loss in the market.
The only means I think that lack of patience can affect a trader or make the trader to lose in Trading is if the trader did not endure to take adequate time to get proper knowledge before entering into trading, except this, no matter how long a trader endures or gets patience he can't get profit in trading unless such person is into long time bitcoin investment which I believe is different from trading. In order to prevent losses in trading, having adequate knowledge to know when to enter the market and when to pull out helps a lot and having prosper knowledge on trading signals helps the trader to reduce losses in trading which I think is better for a trader to have instead of being patience when it won't get better any time. Lack of patience is one of the reasons on why traders do lose money on which on the moment that you do lose your patience on any of your trades then you are just basically putting up yourself on such risks on losing that momentum or just simply the way you do think. On the time or moment that you do find yourself on such situation then it would really be bringing out that potential loses. We should bare in mind that losing money in trading is inevitable but somewhat it could really be lessen up on the time or moment you do find yourself being knowledgeable into the things that you've been dealing on with but of course this would really be involving tons of time spent and effort been made because this isnt really just that could be obtained in a short period of time but rather it would be on opposite. Dont anticipate or expecting something positive all the time on the moment that you do make up trading with crypto because into this very volatile space of market then you cant really be able to assure yourself to be ending up on being profitable. This is why you should really be that careful on what are the steps that you would really be taking. Take note that this isnt a race but rather it would be a marathon on which sustaining yourself should be your main priority.
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Dewi Aries
Legendary
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July 19, 2024, 10:26:17 PM |
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Lack of patience, once you see any trader loss money in the cryptocurrency trading, show that the trader lack patience because that is the easiest way some people use to lose in the trading because they will not be bold to continue holding than to listen to some information that will make them to rush to trade for loss, yes, lack of knowledge can cause many losses to traders because some traders don't have the knowledge of trading cryptocurrency which you can notice it from their trading, because they like to trade when the red candle light is on in the market which is a sign of loss in the market.
Yes, I also admit that a lack of patience can be a trigger for losses, which usually happens because they are too hasty as you said and don't want to wait for the right moment or time to open a trade, which in the end means they open a trade at the right time or time. wrong situation. And also when a trader cannot be patient enough to restrain himself, especially when they are feeling upset about the losses they have experienced, then of course this can make them take various aggressive actions where decision making will certainly not be based on rational considerations in accordance with their knowledge. have. But on the other hand, maybe, as you said, there are other things that can cause a trader to experience losses, not only because they lack patience, but it is very possible that it is also caused by a lack of knowledge, such as a limited strategy. Therefore, it is clear that a trader is required to always be able to train their discipline and also continue to learn new things that they don't know yet.
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ancafe
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July 20, 2024, 01:21:35 AM |
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Agree. We must understand that trading is not always profitable, sometimes we have to face losses. This mindset actually must be had in every trade, because with this mindset we continue to be careful when trading. Many beginners think that trading always provides multiple profits, so they lose a lot in trading because of their wrong mindset from the start.
Trading knowledge is not just about buying and selling, but you also have to have the ability to analyze the market, especially since the market is very volatile at any time, so reading the news or following crypto developments must also be done at all times so that we can minimize losses. Make every trade a lesson for every decision you make, both when you make a profit and when you experience a loss.
As time goes by we will learn how to minimize the risks generated by trading and we can use this experience as a lesson to become more experienced when involved in trading. Risk is something that can never be lost and wherever we are we will definitely encounter risks, that's why knowledge is very necessary in doing whatever we like. We will also learn how to enter the market and exit trades the right way and that will be gradually using experience and knowledge. Sometimes we feel too afraid that what we think about is risk and if this mindset is not changed then it is feared that we will never be able to achieve our desire to achieve financial improvement. Knowledge is indeed important and being brave enough to take risks is also a step that must be taken, as long as we know that trading cannot always produce profits.
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Silberman
Legendary
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Activity: 2604
Merit: 1360
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July 20, 2024, 11:39:02 PM |
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Lack of patience, once you see any trader loss money in the cryptocurrency trading, show that the trader lack patience because that is the easiest way some people use to lose in the trading because they will not be bold to continue holding than to listen to some information that will make them to rush to trade for loss, yes, lack of knowledge can cause many losses to traders because some traders don't have the knowledge of trading cryptocurrency which you can notice it from their trading, because they like to trade when the red candle light is on in the market which is a sign of loss in the market.
The only means I think that lack of patience can affect a trader or make the trader to lose in Trading is if the trader did not endure to take adequate time to get proper knowledge before entering into trading, except this, no matter how long a trader endures or gets patience he can't get profit in trading unless such person is into long time bitcoin investment which I believe is different from trading. In order to prevent losses in trading, having adequate knowledge to know when to enter the market and when to pull out helps a lot and having prosper knowledge on trading signals helps the trader to reduce losses in trading which I think is better for a trader to have instead of being patience when it won't get better any time. I have noticed that sometimes people use the words trader and investor as interchangeable terms, but while both of them try to profit from the market, the way they do so is very different and this signifies that the skills necessary to succeed are very different, so patience is a critical skill for an investor as they may need to hold their assets for years while underwater, but for a trader patience is nowhere near as important, so lacking in that aspect is nowhere near as bad for them as it is for an investor.
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Fredomago
Legendary
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Activity: 3066
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
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July 22, 2024, 01:07:18 PM |
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You need to be ready to adopt and change your trading style, it's needed to be sync with how the market is moving forward.
This is how you stay winning as a trader but many individuals think that they have to stay with their winning strategy with a token and not to change their style with the market. Every bull market has a new trending tokens that you can trade and make profits from. If you do not forget about the old tokens and still believing that they're going to give your profits, you'll miss out and the old tokens can't give you profits like the new tokens that will be loud and in the news all the time. The biggest cryptocurrency profits come from tokens that are trending and not those tokens that nobody knows about. Yup that's a good factor when choosing a coin or a token to invest and trade with, you have to keep chasing for those good assets to hold and study all the potentials before bringing your money in, it's more on your self-decision making and how you act when the market start to move, there are available assets that might bring a huge benefits and not just to stay with a particular asset who already made his time and already been pump by those supporters that played with it, it's time to chase new opportunities for a better outcome of your investments.
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