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Author Topic: Do not be discouraged while learning to trade.  (Read 667 times)
mirakal
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July 21, 2024, 11:59:05 PM
 #81


Getting discouraged from trading is a part of the learning cycle. All traders learned how to trade because trading is a skill and not a talent and unlike talents that could be naturally in born with, skills have to be learned. A new trader can become discouraged about the learning process in trading when they see other more experienced traders doing so well and making profit consistently. Every old and profitable trader currently was one time a new trader and that should be something that we can draw encouragement from to continue learning until the time when we become the experienced traders of tomorrow that we talk about today.


The truth about trading is that it is very hard to learn, and it's worth discouraging sometime that you are not seeing progress in what you are learning. However, one thing you need to consider is that you should not be discouraged. When you ask yourself if it is not the same human beings like you who are learning trading and making progress, in fact, making a good profit in the crypto industry, then why should you be discouraged? Instead of being discouraged, you should add more seriousness to your efforts.

One truth about trading is that despite its difficulty, once you gain proper knowledge and skills, you may start making profits from it. Knowledge is what someone needs to become a good trader.
No one tells that trading is never hard but often easy to stay in profits. Going on some discouragements and some hopeless moments are just normal for traders most especially if what they experienced are consistent losses than profitable gains. However, if they chose to stop there and quit trading for good, they will never gain future chances to be in profits and become successful traders. Trading is a lot of hardwork and efforts, skills development and strategies enhancement, if you think you can't do that, then do not risk your time and money with trading.

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July 22, 2024, 02:23:08 AM
 #82

Getting discouraged from trading is a part of the learning cycle. All traders learned how to trade because trading is a skill and not a talent and unlike talents that could be naturally in born with, skills have to be learned. A new trader can become discouraged about the learning process in trading when they see other more experienced traders doing so well and making profit consistently. Every old and profitable trader currently was one time a new trader and that should be something that we can draw encouragement from to continue learning until the time when we become the experienced traders of tomorrow that we talk about today.
You are absolutely correct and I completely agree with you, talent is indeed something that should never be compared to skill, even though sometimes, some people grow their skill to an extent it becomes like it's their talent, but this is not an easy thing to achieve, and getting to this stage requires extra level of dedication and determination.

Trading is not easy, and it's even much harder when one is still a newbie, there are times you wake up and will feel like trading, but maybe yesterday's experience becomes a total discouragement due to how bad it was, such feeling is very normal and in times like that, the trader must consult his or her inner strength to draw encouragement to keep going, it's only a matter of time before the trader becomes better and won't have to feel discouraged for or due to many past experiences, but rather, will see every new day as a day to become better than yesterday, as it concerns trading.

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July 22, 2024, 03:45:50 AM
 #83


Getting discouraged from trading is a part of the learning cycle. All traders learned how to trade because trading is a skill and not a talent and unlike talents that could be naturally in born with, skills have to be learned. A new trader can become discouraged about the learning process in trading when they see other more experienced traders doing so well and making profit consistently. Every old and profitable trader currently was one time a new trader and that should be something that we can draw encouragement from to continue learning until the time when we become the experienced traders of tomorrow that we talk about today.


The truth about trading is that it is very hard to learn, and it's worth discouraging sometime that you are not seeing progress in what you are learning. However, one thing you need to consider is that you should not be discouraged. When you ask yourself if it is not the same human beings like you who are learning trading and making progress, in fact, making a good profit in the crypto industry, then why should you be discouraged? Instead of being discouraged, you should add more seriousness to your efforts.

One truth about trading is that despite its difficulty, once you gain proper knowledge and skills, you may start making profits from it. Knowledge is what someone needs to become a good trader.
No one tells that trading is never hard but often easy to stay in profits. Going on some discouragements and some hopeless moments are just normal for traders most especially if what they experienced are consistent losses than profitable gains. However, if they chose to stop there and quit trading for good, they will never gain future chances to be in profits and become successful traders. Trading is a lot of hardwork and efforts, skills development and strategies enhancement, if you think you can't do that, then do not risk your time and money with trading.
The key on here is that you shouldnt really be that making yourself that delusional because on the time that you've been expecting something positive towards trading and it turns out that you've been losing that much instead. Then you do definitely be having that kind of desperation on which it would really be kicking in and on the moment that you do find yourself been struggling then you would really be ending up on having that gambling approach towards things on which we know that this would really be that bad. This is why it would really be that important that you do really know on what you are dealing with and on how you would reallly
be acting according into it, without making yourself that pushing into such desperation and extreme anxiety and stress on which it could really be that normal but actually you are the ones who would really be
able to find ways on easing it up on the moment that you are on such condition.

On the moment that you do have plans on making yourself learn about trading then you should be prepared on whatever potential problems that you would be faced on on which this one
would really be that inevitable or something that cant be avoided. This is why adjustment and versatility of a certain trader on what you do really need up.

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July 22, 2024, 04:30:07 PM
 #84


The truth about trading is that it is very hard to learn, and it's worth discouraging sometime that you are not seeing progress in what you are learning. However, one thing you need to consider is that you should not be discouraged. When you ask yourself if it is not the same human beings like you who are learning trading and making progress, in fact, making a good profit in the crypto industry, then why should you be discouraged? Instead of being discouraged, you should add more seriousness to your efforts.

One truth about trading is that despite its difficulty, once you gain proper knowledge and skills, you may start making profits from it. Knowledge is what someone needs to become a good trader.
No one tells that trading is never hard but often easy to stay in profits. Going on some discouragements and some hopeless moments are just normal for traders most especially if what they experienced are consistent losses than profitable gains. However, if they chose to stop there and quit trading for good, they will never gain future chances to be in profits and become successful traders. Trading is a lot of hardwork and efforts, skills development and strategies enhancement, if you think you can't do that, then do not risk your time and money with trading.

Trading is an activity that requires a trader to go through a very long process, because this is an activity that requires a trader to form skills and increase knowledge to gain profits, or in the sense that profits in trading will only be generated when you have knowledge and skills and not about luck. And this is why when you look at and assess trading as a whole, you will say that trading is a very difficult activity to learn.

And regarding traders who ultimately experience failure in the sense of deciding to stop, I think yes, that is a normal thing as you say, because after all, everyone has a different capacity in learning various things, and not everyone also has the same intentions and determination. strong within themselves so that in the end, like it or not, they have to let go of all the losses they have experienced. Another thing like what you said is true is that if we feel we will not be able to go through all the processes then of course don't risk your time and money in this activity in the sense of "never start", but I am sure that this decision will only be taken when from the start they responded and assessed gambling from all sides, such as from the positive and negative sides as well as when they found out that trading is an activity that is difficult to learn, while in most cases usually many of them ultimately fail because they were involved from the start because there is a profit opportunity

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July 22, 2024, 09:26:19 PM
 #85

Learning a new thing has its own task and obligations in which for us to be able to acquire up to the satisfied level in learning, we must be able to bear in mind on how we must cope with the challenges that comes in with learning, trading is not that difficult to do, but when we lack the idea on how to trade, then we run on loss because we are going to be doing the wrong things on it.
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July 22, 2024, 09:53:53 PM
 #86

As much as we need to see learners having high courage when it comes to learning trading, but I think there will really be some point of our lives where we get discouraged and just think to not continue trading at all because aside that it’s hard to learn, seeing success and profits in trading is never that easy to achieve, not until you’ve gained sufficient knowledge and experience that will give you an edge when trading. But still without patience, that will never be possible. And admit it, it’s not all the time that we can be patient with how the market moves, most especially that the trading market moves highly unpredictable and sometimes move on the opposite direction  which made us lose our trades and see our funds go into waste.

R


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July 22, 2024, 09:58:52 PM
 #87


The truth about trading is that it is very hard to learn, and it's worth discouraging sometime that you are not seeing progress in what you are learning. However, one thing you need to consider is that you should not be discouraged. When you ask yourself if it is not the same human beings like you who are learning trading and making progress, in fact, making a good profit in the crypto industry, then why should you be discouraged? Instead of being discouraged, you should add more seriousness to your efforts.

One truth about trading is that despite its difficulty, once you gain proper knowledge and skills, you may start making profits from it. Knowledge is what someone needs to become a good trader.
No one tells that trading is never hard but often easy to stay in profits. Going on some discouragements and some hopeless moments are just normal for traders most especially if what they experienced are consistent losses than profitable gains. However, if they chose to stop there and quit trading for good, they will never gain future chances to be in profits and become successful traders. Trading is a lot of hardwork and efforts, skills development and strategies enhancement, if you think you can't do that, then do not risk your time and money with trading.

Trading is an activity that requires a trader to go through a very long process, because this is an activity that requires a trader to form skills and increase knowledge to gain profits, or in the sense that profits in trading will only be generated when you have knowledge and skills and not about luck. And this is why when you look at and assess trading as a whole, you will say that trading is a very difficult activity to learn.

And regarding traders who ultimately experience failure in the sense of deciding to stop, I think yes, that is a normal thing as you say, because after all, everyone has a different capacity in learning various things, and not everyone also has the same intentions and determination. strong within themselves so that in the end, like it or not, they have to let go of all the losses they have experienced. Another thing like what you said is true is that if we feel we will not be able to go through all the processes then of course don't risk your time and money in this activity in the sense of "never start", but I am sure that this decision will only be taken when from the start they responded and assessed gambling from all sides, such as from the positive and negative sides as well as when they found out that trading is an activity that is difficult to learn, while in most cases usually many of them ultimately fail because they were involved from the start because there is a profit opportunity
Long process indeed and you would really be also to sustain tons of errors and mistakes on which this would really be that a test out of emotions and that mind control and discipline, because if you do find
yourself having that kind of impulsive approach and reactions then you are really that prone into those mistakes and errors on which it will really be causing up even more problems. Discouragement and other
emotions could really be felt out on the time that you do deal up with a volatile and unpredictable space. Why? there's no such thing about precision on the tools that you would be using on which you will really be thinking if these things are really that working or not? Trading decisions and approach will really be that tough and not so simple but it doesnt mean that you will really be that trying out to adjust accordingly.

Learning will really be basing up on how you would be able to adjust on such condition and on how you would be acting accordingly but of course its something that simple to say but its actually that hard to be done because this one would really be involving that emotion and mindset which the thing that mind boggles.

R


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July 23, 2024, 09:06:06 AM
 #88

Learning a new thing has its own task and obligations in which for us to be able to acquire up to the satisfied level in learning, we must be able to bear in mind on how we must cope with the challenges that comes in with learning, trading is not that difficult to do, but when we lack the idea on how to trade, then we run on loss because we are going to be doing the wrong things on it.

I agree, there should be some strategy of sorts intact in order to succeed, paired with patience and perseverance to see your investments grow, your actions being mostly right and coming from analyzing many sources and factors.

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July 23, 2024, 09:48:30 AM
 #89

As much as we need to see learners having high courage when it comes to learning trading, but I think there will really be some point of our lives where we get discouraged and just think to not continue trading at all because aside that it’s hard to learn, seeing success and profits in trading is never that easy to achieve, not until you’ve gained sufficient knowledge and experience that will give you an edge when trading. But still without patience, that will never be possible. And admit it, it’s not all the time that we can be patient with how the market moves, most especially that the trading market moves highly unpredictable and sometimes move on the opposite direction  which made us lose our trades and see our funds go into waste.
If its really that your first time then you would really be having that kind of eagerness or positivity that you could really be able to learn up trading easily but on the moment that you do
the real thing then this is where you will really be able to find out that it wont really be that easy. On the time that you are being barraged with tons of loses or simply having those negatives
then you could really be also be ending up on having that kind of thinking that you should quit and stop because you cant take it anymore in speaking about the risks. People could really be that easily
get discouraged on the time that they will really be losing money. They will really be that having that kind of panic and even made out some panic selling on the moment that it do happens.
Learning will really be surely taking time and tons of situations you will really be able to face on along the way, just like everyone is really that saying on here.

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July 23, 2024, 01:08:46 PM
 #90


Trading is an activity that requires a trader to go through a very long process, because this is an activity that requires a trader to form skills and increase knowledge to gain profits, or in the sense that profits in trading will only be generated when you have knowledge and skills and not about luck. And this is why when you look at and assess trading as a whole, you will say that trading is a very difficult activity to learn.

And regarding traders who ultimately experience failure in the sense of deciding to stop, I think yes, that is a normal thing as you say, because after all, everyone has a different capacity in learning various things, and not everyone also has the same intentions and determination. strong within themselves so that in the end, like it or not, they have to let go of all the losses they have experienced. Another thing like what you said is true is that if we feel we will not be able to go through all the processes then of course don't risk your time and money in this activity in the sense of "never start", but I am sure that this decision will only be taken when from the start they responded and assessed gambling from all sides, such as from the positive and negative sides as well as when they found out that trading is an activity that is difficult to learn, while in most cases usually many of them ultimately fail because they were involved from the start because there is a profit opportunity
Long process indeed and you would really be also to sustain tons of errors and mistakes on which this would really be that a test out of emotions and that mind control and discipline, because if you do find
yourself having that kind of impulsive approach and reactions then you are really that prone into those mistakes and errors on which it will really be causing up even more problems. Discouragement and other
emotions could really be felt out on the time that you do deal up with a volatile and unpredictable space. Why? there's no such thing about precision on the tools that you would be using on which you will really be thinking if these things are really that working or not? Trading decisions and approach will really be that tough and not so simple but it doesnt mean that you will really be that trying out to adjust accordingly.

Learning will really be basing up on how you would be able to adjust on such condition and on how you would be acting accordingly but of course its something that simple to say but its actually that hard to be done because this one would really be involving that emotion and mindset which the thing that mind boggles.

Overall trading is an activity that is more suitable for people who have strong self-discipline and also have good consistency and patience and also for those who can control themselves and their emotions, because of course the trading process requires hard work to continue to hone. brain over a long period of time. A person must really be able to put themselves in good stability in the sense of understanding their opportunities and being aware of the risks, which will keep them from exceeding their limits.

So far, in most cases, what is usually difficult to overcome is from an emotional perspective, especially when they experience a loss, which in the end makes them take various actions that tend to be impulsive which will indirectly lead them to MC situations. Therefore, this is why risk management is something that must be really prepared carefully, even though for example you have a good way to make a profit, but if for example you have bad risk management then of course in the end your profits will only be temporary. On the other hand, yes, I understand that theory is much easier than practice, but that is what must be done and prepared.

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July 23, 2024, 03:02:26 PM
 #91

Getting discouraged from trading is a part of the learning cycle. All traders learned how to trade because trading is a skill and not a talent and unlike talents that could be naturally in born with, skills have to be learned. A new trader can become discouraged about the learning process in trading when they see other more experienced traders doing so well and making profit consistently.

If we understand that trading does not guarantee consistent profits then we will understand much better how it can be learned in a much simpler way.
Trading has the potential to generate profits, but we cannot guarantee forever and trading skills will also be formed when someone learns seriously.
Basically trading can be learned and to gain experience we can try to get involved in much smaller amounts because this is useful for avoiding large losses when the skills we have are not yet sufficient.

Quote
Every old and profitable trader currently was one time a new trader and that should be something that we can draw encouragement from to continue learning until the time when we become the experienced traders of tomorrow that we talk about today.
If studied consistently and persistently, trading skills will definitely form slowly.
Trading risks are indeed much greater, but we need to ignore them if we want to learn and gain insight into trading. Because if we worry too much it will make us lazy to start so that when we experience a loss we will just leave the trade.

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July 23, 2024, 06:14:50 PM
 #92

So far, in most cases, what is usually difficult to overcome is from an emotional perspective, especially when they experience a loss, which in the end makes them take various actions that tend to be impulsive which will indirectly lead them to MC situations. Therefore, this is why risk management is something that must be really prepared carefully, even though for example you have a good way to make a profit, but if for example you have bad risk management then of course in the end your profits will only be temporary. On the other hand, yes, I understand that theory is much easier than practice, but that is what must be done and prepared.
Different set of traders tend to react to losses differently. Those traders who rely solely on trading might get too attached emotionally to their trades that they begin to feel discouraged about trading. Those who have other sources of income aside trading have to some extent put in place a risk management strategy for themselves already. If they encounter losses in trading, their other streams of income should be able to sustain them till they bounce back. This helps alot and it is neccessary that other traders who are still putting all their hopes in trading should get for themselves an alternative source of income. This way, they prepare their minds for whatever the outcome of their trades may be and not to give themselves very high expectations all the time.

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July 24, 2024, 08:44:21 AM
 #93

So far, in most cases, what is usually difficult to overcome is from an emotional perspective, especially when they experience a loss, which in the end makes them take various actions that tend to be impulsive which will indirectly lead them to MC situations. Therefore, this is why risk management is something that must be really prepared carefully, even though for example you have a good way to make a profit, but if for example you have bad risk management then of course in the end your profits will only be temporary. On the other hand, yes, I understand that theory is much easier than practice, but that is what must be done and prepared.
Different set of traders tend to react to losses differently. Those traders who rely solely on trading might get too attached emotionally to their trades that they begin to feel discouraged about trading. Those who have other sources of income aside trading have to some extent put in place a risk management strategy for themselves already. If they encounter losses in trading, their other streams of income should be able to sustain them till they bounce back. This helps alot and it is neccessary that other traders who are still putting all their hopes in trading should get for themselves an alternative source of income. This way, they prepare their minds for whatever the outcome of their trades may be and not to give themselves very high expectations all the time.

Yes, that's right, I quite agree with your idea and I also have the same thoughts on this matter which is that apart from we have to have a good and balanced approach to trading, on the other hand we also have to pay attention to other aspects which are also included in the preparation category. To make it easier to understand, I will repeat what and how trading activities are, which I think we all already know is an activity that involves money, opportunities and risks, and also that trading will always be an activity that will never can be predicted 100% accurately, meaning that these skills and knowledge only help increase your chances but do not ensure that you will actually make a profit at the end of the session.

What this means is that all traders, regardless of whether you are a beginner or a professional, will definitely experience a certain amount of loss, and if it turns out that you use trading as your only source of income to cover all your living expenses, then clearly that is very risky. I can't imagine the stressful situation you experience when you need money for living needs that can never be tolerated while you experience losses in trading due to market fluctuations that cannot be avoided, for example, then it clearly means that this is a problem. Therefore, this is why I agree with your opinion that when we jump in and get involved in the world of trading, we must have other income which is useful to support all living expenses.

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July 24, 2024, 09:33:14 AM
 #94

Learning a new thing has its own task and obligations in which for us to be able to acquire up to the satisfied level in learning, we must be able to bear in mind on how we must cope with the challenges that comes in with learning, trading is not that difficult to do, but when we lack the idea on how to trade, then we run on loss because we are going to be doing the wrong things on it.
People only get discouraged when their trading experiences do not meet their expectations. That’s the biggest challenge in trading, setting up risk management despite of the fact that trading is difficult that makes it a high risk asset. And when one fails to manage the risk and eventually lose on its trading activity, one may resort into discouragement which is only normal for a human being.

However, bear in mind that being discouraged from something does not mean quitting or giving up, but a motivation to improve one’s trading skill and strategies in order to avoid the same negative feeling and losing the trading funds all over again.

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July 24, 2024, 08:24:44 PM
 #95

Getting discouraged from trading is a part of the learning cycle. All traders learned how to trade because trading is a skill and not a talent and unlike talents that could be naturally in born with, skills have to be learned. A new trader can become discouraged about the learning process in trading when they see other more experienced traders doing so well and making profit consistently. Every old and profitable trader currently was one time a new trader and that should be something that we can draw encouragement from to continue learning until the time when we become the experienced traders of tomorrow that we talk about today.

In essence, all traders must have experienced losses, even if they are professional traders, because of course no trader experiences losses instantly, it's just that sometimes many of them easily give up or give up easily because they don't use these failures as learning to improve their trading strategies in the future. . In fact, what we see is that all successful traders have experienced failure, but they can use this as a whip so that in the future they can trade better and not be discouraged.

In essence, if you are really involved in trading there are several things that are most important, one of which is that you have to try a trading system or strategy that is known and has been studied. Look for the most suitable one, and use it consistently, don't replace it with another one, so that the feeling of despair in learning can be reduced because we feel there is progress in trading. So keep learning, learning, learning, be patient and never give up.

R


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Mahanton
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July 24, 2024, 09:24:50 PM
 #96

Getting discouraged from trading is a part of the learning cycle. All traders learned how to trade because trading is a skill and not a talent and unlike talents that could be naturally in born with, skills have to be learned. A new trader can become discouraged about the learning process in trading when they see other more experienced traders doing so well and making profit consistently. Every old and profitable trader currently was one time a new trader and that should be something that we can draw encouragement from to continue learning until the time when we become the experienced traders of tomorrow that we talk about today.

In essence, all traders must have experienced losses, even if they are professional traders, because of course no trader experiences losses instantly, it's just that sometimes many of them easily give up or give up easily because they don't use these failures as learning to improve their trading strategies in the future. . In fact, what we see is that all successful traders have experienced failure, but they can use this as a whip so that in the future they can trade better and not be discouraged.

In essence, if you are really involved in trading there are several things that are most important, one of which is that you have to try a trading system or strategy that is known and has been studied. Look for the most suitable one, and use it consistently, don't replace it with another one, so that the feeling of despair in learning can be reduced because we feel there is progress in trading. So keep learning, learning, learning, be patient and never give up.
Loses are inevitable and this would really be your teacher on learning up trading even more. The more experience you do have the more knowledge and skills enhanced you could be able to obtain.
Although its not really something that means that you will really be always tolerating to be that doing mistakes but rather you would really be that lessening it overtime on which it will really be that a common approach or action to be made on the time that you will really be dealing up with it. This would really be that survival of the fittest and if you are someone whose really that being that too desperate then it would really be causing up that possible errors on which it would really be worsen up your trading profitability. This is why you should really be careful and do the things on which you do saw that it will really be that beneficial on your part.
Losing is really that part of trading on which just like on what most people been saying on here is that the important thing that you should bare up in mind is on how you would be ending up on being profitable despite of those loses. This is why it would really be that important that you should really know on what you are doing and on what are the things that you will really be doing on the time that you are seeing opportunities.
It all matters about risks taking and that kind of perseverance and making up targets or goals on which you would be needing to step forward to achieve those probabilities of success.

R


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July 24, 2024, 10:50:42 PM
 #97

People only get discouraged when their trading experiences do not meet their expectations. That’s the biggest challenge in trading, setting up risk management despite of the fact that trading is difficult that makes it a high risk asset. And when one fails to manage the risk and eventually lose on its trading activity, one may resort into discouragement which is only normal for a human being.
That’s an unpopular or talked about point of view but, something that could affect even the most determined of beginner traders and those whom might have been around for some time, trading and not having any form of consistency.

Trading is so sophisticated that you can’t truly detect or gain in on it but, keeps changing with the various elements that might affect it and the degree of responsiveness to the various updates in the cryptospace. Trading doesn’t give you room to adapt too much to a strategy or a pattern of trading the market.

Over time, you become discouraged of the changes and how frequent they occur.

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July 25, 2024, 04:33:59 AM
 #98

Getting discouraged from trading is a part of the learning cycle. All traders learned how to trade because trading is a skill and not a talent and unlike talents that could be naturally in born with, skills have to be learned. A new trader can become discouraged about the learning process in trading when they see other more experienced traders doing so well and making profit consistently. Every old and profitable trader currently was one time a new trader and that should be something that we can draw encouragement from to continue learning until the time when we become the experienced traders of tomorrow that we talk about today.


The issue for those aspiring to become traders is that there is a lot of fake information out there, so unless they take the time to verify the information they are being given, then it is likely they will keep using useless strategies to trade the markets.

However verifying that information takes a lot of time and effort, so a great deal of those people prefer to skip that step as they think of it as being completely unnecessary as they trust the source from where they got that information, a big mistake without a doubt.
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July 25, 2024, 06:52:35 AM
 #99

Getting discouraged from trading is a part of the learning cycle. All traders learned how to trade because trading is a skill and not a talent and unlike talents that could be naturally in born with, skills have to be learned. A new trader can become discouraged about the learning process in trading when they see other more experienced traders doing so well and making profit consistently. Every old and profitable trader currently was one time a new trader and that should be something that we can draw encouragement from to continue learning until the time when we become the experienced traders of tomorrow that we talk about today.


The issue for those aspiring to become traders is that there is a lot of fake information out there, so unless they take the time to verify the information they are being given, then it is likely they will keep using useless strategies to trade the markets.

However verifying that information takes a lot of time and effort, so a great deal of those people prefer to skip that step as they think of it as being completely unnecessary as they trust the source from where they got that information, a big mistake without a doubt.
When they aspire to become a trader, of course they must first take their time to learn well about trading and also continue to practice so that they can understand trading well and also don't let them only receive information that is not necessarily clear, of course. This will make them lose when they decide to trade with unclear information and we also don't know whether we can use the information or not.

If they choose to skip this stage, of course they have made a big mistake because they have entrusted the information about trading that they got, but when they have a good understanding of trading, I think there is no harm in using that information as a comparison with the understanding that we already have. and do not fully trust the trading information we get.

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July 25, 2024, 11:56:52 AM
 #100

Learning a new thing has its own task and obligations in which for us to be able to acquire up to the satisfied level in learning, we must be able to bear in mind on how we must cope with the challenges that comes in with learning, trading is not that difficult to do, but when we lack the idea on how to trade, then we run on loss because we are going to be doing the wrong things on it.
People only get discouraged when their trading experiences do not meet their expectations. That’s the biggest challenge in trading, setting up risk management despite of the fact that trading is difficult that makes it a high risk asset. And when one fails to manage the risk and eventually lose on its trading activity, one may resort into discouragement which is only normal for a human being.

However, bear in mind that being discouraged from something does not mean quitting or giving up, but a motivation to improve one’s trading skill and strategies in order to avoid the same negative feeling and losing the trading funds all over again.
Being discouraged means getting closer to quitting though, that's a very valid reason and could be an issue. I am not saying that we are going to end up with something that will be very tough, it should be something that could take some time and I feel like that's going to be a tough situation. Not giving up is tough when you make a loss, and when you are learning that usually means that you might be making a loss more commonly.

Some people start during the peak bull season, and they make a profit even at the start, those could be lucky people, but if you start just as it is starting to become bear market, you might lose more than normal and that's tough. That happens quite frequently, we reach bull peak, and everyone is hyped, new people join when they hear the hype and how much people made, and then bull ends because they are too late, and bear starts.

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