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Author Topic: Do not be discouraged while learning to trade.  (Read 667 times)
pusaka
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July 26, 2024, 03:29:27 PM
 #101

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.
We all will definitely start from 0, no one is immediately an expert in anything, including in this trade. We all need a process to be able to achieve something we want in the future, and we must be able to enjoy the process. If we never give up on something, then we will never be able to get anything. We must be confident that failure and failure are fragments that will make us better in the future. Yes, you are right, we must be able to verify the information that comes, we cannot swallow it raw without re-analyzing the information we get. If we swallow the information we get raw, then it will be a problem later and we cannot do anything because it is all our own fault. It is better to be slower to achieve something we want but we get it with our own hard work and efforts, rather than just following what other people say which will not necessarily make us better.

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Abu-Naim
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July 26, 2024, 05:37:19 PM
 #102

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.

Getting discourage with learning process is a sign that the new trader is not willing to learn. There is no point of getting discouraged if you really wants to learn something new if the beginner really wants to earn from it.
Learning trading is hard because you need to dedicate your time and energy towards learning before you can be able to reap the fruit, if you are patient and completely learn the trading process, you will save yourself from unnecessary losses in trading that require tour knowledge, while if you wants to start trading, you need a gradual process to trade with little amount of money to get experience before trading with huge amount of money.

R


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Stable090
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July 26, 2024, 07:30:03 PM
 #103

There is no point of getting discouraged if you really wants to learn something new if the beginner really wants to earn from it.
As a beginner who wants to be a trader, you should know that there will be some challenges that you will be facing, so you shouldn’t get discouraged when facing those challenges. Trading is not really easy, it’s not what you are going to start with, and you will be expecting money easily. You really have to learn and practice first. I know that in the process of learning, you will be losing money, and it might be kind of difficult, but if you don’t give up, you will end up being a professional trader, and you will be making money also.

if you are patient and completely learn the trading process, you will save yourself from unnecessary losses in trading that require tour knowledge, while if you wants to start trading, you need a gradual process to trade with little amount of money to get experience before trading with huge amount of money.
Most newbies don’t really want to go through the learning process whenever they join trading, they just learn the basics, like how to buy and sell, and then they go around looking for trading signals, which at the end they will end up losing more just because they don’t want to learn. As a beginner in trading, you are going to lose much, but as time goes on, your loss will definitely reduce and your profit will increase. The best thing is to learn how to do analysis on your own, and don’t depend on any signal group.

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Dewi Aries
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July 26, 2024, 08:33:13 PM
 #104

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.

Getting discourage with learning process is a sign that the new trader is not willing to learn. There is no point of getting discouraged if you really wants to learn something new if the beginner really wants to earn from it.
Learning trading is hard because you need to dedicate your time and energy towards learning before you can be able to reap the fruit, if you are patient and completely learn the trading process, you will save yourself from unnecessary losses in trading that require tour knowledge, while if you wants to start trading, you need a gradual process to trade with little amount of money to get experience before trading with huge amount of money.

No, it is a natural thing that everyone experiences in the learning stage, we are humans and not robots who have feelings that sometimes can feel tired of something we are fighting for, meaning that being discouraged is a natural thing and does not mean that you do not want to learn, because discouragement is a complaint experienced by someone who is struggling in the process. Theory is not as easy as practice, meaning that even though from the beginning you see that you are able to go through the process so that you have the intention to learn trading, it does not mean that your learning journey will always be smooth, of course there will always be situations that make you tired, remember that people who succeed in anything are those who are born from failure. On the other hand, I understand that trading is a difficult activity to learn as you said, which requires unusual hard work, but it does not mean that it is impossible to achieve success when someone is able to rise from despair.

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stomachgrowls
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July 27, 2024, 02:19:28 PM
 #105

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.
We all will definitely start from 0, no one is immediately an expert in anything, including in this trade. We all need a process to be able to achieve something we want in the future, and we must be able to enjoy the process. If we never give up on something, then we will never be able to get anything. We must be confident that failure and failure are fragments that will make us better in the future. Yes, you are right, we must be able to verify the information that comes, we cannot swallow it raw without re-analyzing the information we get. If we swallow the information we get raw, then it will be a problem later and we cannot do anything because it is all our own fault. It is better to be slower to achieve something we want but we get it with our own hard work and efforts, rather than just following what other people say which will not necessarily make us better.
Everyone starts on being a noob on which its true that on the moment that you are starting something that you dont know then you are really that prone into tons of mistakes and errors on which it would really be causing up that losing of money on which it would really be normal. The key on here is that you do really know on what you are doing and able to absorb on what are the things that you do able to encounter.
It would really be just that a normal approach or consideration that you would really be making out such step because we do know that when it comes to learning things then it would be normal that you cant be able to grasps on everything. So it will really be just that be depending on an individual whether they would really be learning or simply quit up.

Discouragement or having disappointment would really be normal since we dont really like on losing money but it would really be wise if you do really know on what you are doing and
have that kind of persistence about doing trading then it would realy be not something be enough for you to quit up. So it will really be just that depending on you whether
you would really be quitting or making up some in depth analysis on what you have learnt.

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.Duelbits.
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Mr. Magkaisa
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July 27, 2024, 02:47:08 PM
 #106

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.



     -      I believe that trading is a skill; you can't study trading and learn the other tool indicators used in trading here in the crypto trading business and even in other trading like the stock market.

It is not possible to just change it because trading is not just luck as others think, so there is a lot to consider here in the crypto trading industry in the crypto space. There is no shortcut here either.

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Lanatsa
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July 27, 2024, 04:35:47 PM
 #107

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.
We all will definitely start from 0, no one is immediately an expert in anything, including in this trade. We all need a process to be able to achieve something we want in the future, and we must be able to enjoy the process. If we never give up on something, then we will never be able to get anything. We must be confident that failure and failure are fragments that will make us better in the future. Yes, you are right, we must be able to verify the information that comes, we cannot swallow it raw without re-analyzing the information we get. If we swallow the information we get raw, then it will be a problem later and we cannot do anything because it is all our own fault. It is better to be slower to achieve something we want but we get it with our own hard work and efforts, rather than just following what other people say which will not necessarily make us better.
Everyone starts on being a noob on which its true that on the moment that you are starting something that you dont know then you are really that prone into tons of mistakes and errors on which it would really be causing up that losing of money on which it would really be normal. The key on here is that you do really know on what you are doing and able to absorb on what are the things that you do able to encounter.
It would really be just that a normal approach or consideration that you would really be making out such step because we do know that when it comes to learning things then it would be normal that you cant be able to grasps on everything. So it will really be just that be depending on an individual whether they would really be learning or simply quit up.

Discouragement or having disappointment would really be normal since we dont really like on losing money but it would really be wise if you do really know on what you are doing and
have that kind of persistence about doing trading then it would realy be not something be enough for you to quit up. So it will really be just that depending on you whether
you would really be quitting or making up some in depth analysis on what you have learnt.
You are totally right on what you had said, there are really just those people who are really that impatient when it comes on learning something. They do really want that on the moment that they will be trading then they do believe that they could easily learn up trading without any issues or any mistakes, until they would really be able to face up those certain conditions on which we know that on the time or moment that they will really be dealing up with unpredictable space then it would really be just that fine that you would really be that making yourself having those challenges on which this is really that inevitable. Getting discourage or being emotional would really be the primary thing that you would really be able to felt which is normal because unpredictable market will really be making your emotions rolling like a roller coaster.  Cool

It would really be just that depending whether you could really be able to survive or not, there are ones who do be able to handle up themselves with this unpredictable space on which despite of the loses they would really be rather than on analyzing on what went wrong and on the next time that they would really be able to encounter it then they do really know on what they do gonna do.
Its not easy to learn up trading on which it would really be involving lots of time and effort on which the only ones who do survive are to those traders who do really meant out
and serious on dealing with this stuff.

R


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Ultegra134
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July 27, 2024, 05:40:31 PM
 #108

Getting discourage with learning process is a sign that the new trader is not willing to learn. There is no point of getting discouraged if you really wants to learn something new if the beginner really wants to earn from it.
Learning trading is hard because you need to dedicate your time and energy towards learning before you can be able to reap the fruit, if you are patient and completely learn the trading process, you will save yourself from unnecessary losses in trading that require tour knowledge, while if you wants to start trading, you need a gradual process to trade with little amount of money to get experience before trading with huge amount of money.
I think it's reasonable to mention that whatever works for someone might not work for someone else. Whether we like it or not, trading isn't for everyone, and that's totally okay. I used to trade for a few months; during the COVID-19 quarantine, I was generating a decent profit per trade, up to 10%, more or less. I did get discouraged after a reasonable loss. Somewhere,  when Elon Musk started being involved in Bitcoin, I decided to quit, not because I couldn't bear the loss; it was my first "major" loss, but because I decided it wasn't for me.

R


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July 27, 2024, 06:10:10 PM
 #109

~snip

Discouragement or having disappointment would really be normal since we dont really like on losing money but it would really be wise if you do really know on what you are doing and
have that kind of persistence about doing trading then it would realy be not something be enough for you to quit up. So it will really be just that depending on you whether
you would really be quitting or making up some in depth analysis on what you have learnt.
Nobody likes to lose money, instinctively we will regret and even get angry when we lose money, that is the natural nature of a human being that cannot be denied. But that does not mean we cannot control it, because in trading we must be very good at controlling emotions, regret, anger and even sadness are part of emotions.
In trading I think there are 2 choices, the first is that we continue to learn until we can really be better at trading, and the second choice is that we stop. Because if we stand between the two, then that is what will actually be very dangerous for us. I can say that if we are in the middle between continuing and stopping, then there will be more losses that we will get.

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July 28, 2024, 05:47:52 AM
 #110

Experience is not built in a day. To learn about trading, a trader must spend a long time acquiring knowledge in the trading environment. A trader can't know everything at once if he wants to. In order to gain experience in trading, he has to slowly gain knowledge about various things. If one tries to gain that knowledge in haste, he will lose. It is said that trading is a skillful man's game. It takes time to become proficient.

Although there are some people who think trading is very easy but in real sense trading is not an easy task. But trading becomes easy for those who understand it once. One of the reasons for saying this is that if one wants to trade he should prioritize his learning time. Even though some traders are profitable in trading, they still lose why they need to know those things. How to control greed. And what mistakes do traders make that expose them to big losses they should learn.

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July 31, 2024, 05:34:32 PM
 #111

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.
Any job in life needs to be learned and done right. Well, the job has to be learned first and only then we can do it successfully. Trading is the same. Trading is not difficult to learn. It takes time, but if a person learns with interest, he learns it over time. You are right in saying that trading without learning is nothing but loss.

Interest is something that can take days of work and hours of work and teach it to you in minutes. Don't enter the market with only the intent of earning money while having no interest because you are not going to be able to gain success that way.

A person should only do things that they have some interest in. If you don't have any interest in trading or cryptocurrencies in general, trading is not for you, and you should use your money somewhere else so that it doesn't get wasted because you will barely be able to learn everything and become an efficient trader if you are not interested in it.

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July 31, 2024, 09:17:17 PM
 #112

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.
Any job in life needs to be learned and done right. Well, the job has to be learned first and only then we can do it successfully. Trading is the same. Trading is not difficult to learn. It takes time, but if a person learns with interest, he learns it over time. You are right in saying that trading without learning is nothing but loss.

Interest is something that can take days of work and hours of work and teach it to you in minutes. Don't enter the market with only the intent of earning money while having no interest because you are not going to be able to gain success that way.

A person should only do things that they have some interest in. If you don't have any interest in trading or cryptocurrencies in general, trading is not for you, and you should use your money somewhere else so that it doesn't get wasted because you will barely be able to learn everything and become an efficient trader if you are not interested in it.
Not everyone would really be all knowing on which we do start on being a noob and just like the rest been saying that if you are someone whose really that going after on  a particular thing then it would really be just that wise that you should really know on what you would gonna do on which is to familiarize it first, making some in depth research on what it is all about and on how you would really be that making yourself having
those reading up with real time feedbacks and experiences by other people on which it would really be just that normal that you would really be having such approach. You cant really be that directly be able to know everything and thats why it would really be that relevant that you would really be needing to study it up first before you would really be that proceeding on doing something.

Discouragement and other things similar to it would really be just that normal since we cant be perfect specially in our first time. Sooner or later on which on the time that you are already that gaining up experience
then this is the time that you would really be that making yourself way more better than in the past. The time that you've been losing too much in the past will really be eventually becomes lessen on the moment
that you do become that knowledgeable and experienced towards trading and this is something that will really be just that normal. Results or outcomes will really be basing up on how
well you do handle yourself into this unpredictable space.

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August 04, 2024, 03:26:59 AM
 #113

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.
We all will definitely start from 0, no one is immediately an expert in anything, including in this trade. We all need a process to be able to achieve something we want in the future, and we must be able to enjoy the process. If we never give up on something, then we will never be able to get anything. We must be confident that failure and failure are fragments that will make us better in the future. Yes, you are right, we must be able to verify the information that comes, we cannot swallow it raw without re-analyzing the information we get. If we swallow the information we get raw, then it will be a problem later and we cannot do anything because it is all our own fault. It is better to be slower to achieve something we want but we get it with our own hard work and efforts, rather than just following what other people say which will not necessarily make us better.
Unfortunately, a great deal of the newbies which could benefit from verifying the information they receive prefer to not take the time to do so, whether this is because of laziness, greediness or ignorance does not matter, what matters is that they refuse to do it.

And this is a mistake, as if they do not take to verify the claims of those that give them advice online, then it is likely they will pick a great deal of nasty habits, which will become really difficult to overcome on the future, and even if at some point they realized the extent of the mistake they made, it will be too late to do something about it.
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