Don't rush you will still win

[hyudien]

Before taking a position trader must identify the trend of the market and if its an ideal to trade not all price movement and pump is good for trading, other coins is just hype or just ride with the market price of the bitcoin well just most likely happen all the time, rush trades can be possible but of course with proper analysis. If you have an active trade and you gain or lose a profit already and you see an opportunity to have another position there's nothing wrong to grab it just to make sure you have a preparation and confirmation so you wont lose money with your emotions.

Of course that is the first thing we have to do before actually entering the market, we have to see how the trend occurs and we also have to do technical and fundamental analysis to find the right position to enter the market. We can't just come and start entering, that's the same as hoping for luck. The market is volatile, so even if we follow the current trend, it doesn't mean we will be able to make a profit because there could be a sudden reversal. And when we trade against the trend, it is also riskier, there must be an in-depth analysis of the indicators that say the price will reverse. Obviously that is not easy and indeed trading is not easy.

[Stable090]

Rushing trading as a newbie have been the main reason for lose of money, we always want to gain the profits even in the first trade.

How will you start trading, and you're going to be expecting profits immediately? That’s wrong now, most people who will have this mindset are the ones that don’t really have interest in trading, and they are being forced by people to trade. Maybe they joined a trading signal provider group, and they are assured they will never lose if they follow their signal, so when someone like that enters the first trade, they will have the belief that they are going to win immediately because the person has been brainwashed already.

I know the ultimate goal for every trader is to make profit in trading but since newbies are not very familiar with trading it is better not to rush it because taking your time to learn trading will help in reducing lose due to lack of understanding.

Everyone’s main aim in trading is to make money, but you can’t just start trading instantly and you will be making money, it’s not possible. When anyone starts trading, they should always expect loss. That’s why I do recommend newbies not to trade with all the amount that they allocate for trading, they should just use a little amount because there are high chances that they will lose it.

It is better to go slow with trading and be consistent as beginner than to be very fast.

Even as a professional trader, it’s better you go slowly, it’s not applicable to only newbies alone. If you are in a rush to make money, sometimes you might end up getting things wrong.

[Dewi Aries]

Before taking a position trader must identify the trend of the market and if its an ideal to trade not all price movement and pump is good for trading, other coins is just hype or just ride with the market price of the bitcoin well just most likely happen all the time, rush trades can be possible but of course with proper analysis. If you have an active trade and you gain or lose a profit already and you see an opportunity to have another position there's nothing wrong to grab it just to make sure you have a preparation and confirmation so you wont lose money with your emotions.

Of course that is the first thing we have to do before actually entering the market, we have to see how the trend occurs and we also have to do technical and fundamental analysis to find the right position to enter the market. We can't just come and start entering, that's the same as hoping for luck. The market is volatile, so even if we follow the current trend, it doesn't mean we will be able to make a profit because there could be a sudden reversal. And when we trade against the trend, it is also riskier, there must be an in-depth analysis of the indicators that say the price will reverse. Obviously that is not easy and indeed trading is not easy.

Right, and this is why I would say that trading is not an easy activity to do, all decisions must be calculated and must always have a basis for why you buy or why you sell at certain times.
Because when you come and get involved without any reason related to why you open a position in a market, it means it is no different from gambling that depends on luck, and this is what traders do who eventually lose all their money in a short period of time.

This is also the reason why trading platforms provide various indicator features that can be used by traders which are none other than to help traders when they want to execute by combining with the knowledge or strategy owned by the trader himself, although the indicator is not 100% accurate but at least it can be used as one of the clues and benchmarks to at least know where the price will go, and I will say that some people who say that making a profit from trading is easy are those who don't know anything.

[SOKO-DEKE]

Rushing trading as a newbie have been the main reason for lose of money, we always want to gain the profits even in the first trade.

Honestly, if newbies can calm down and take the time to gain some deep knowledge before getting involved in trading, I believe the rate at which they lose money would not be as high. This lack of proper knowledge before starting to trade is what causes so many people to continue losing money. Those that seek knowledge and don't rush into trading may still lose sometimes due to how difficult trading is, but the truth is that people with good knowledge generally make profits. So, it will be very hard for anyone to succeed in trading without first seeking good knowledge about trading.

It is better to go slow with trading and be consistent as beginner than to be very fast.

As a beginner, I don't think someone can be consistent in trading because of how difficult trading is. Even those who have good knowledge about trading also face losses. But when someone gives themselves time to learn and become knowledgeable about trading, some ways of losing will definitely be reduced. Beginners need to give themselves time to learn; let them study trading like they would a course in college or university. If someone treats trading seriously and learns step by step, when it's time for that person to trade, they will experience more profits than losses, just like experienced traders.

[liasbaa]

It is better to go slow with trading and be consistent as beginner than to be very fast.

Even as a professional trader, it’s better you go slowly, it’s not applicable to only newbies alone. If you are in a rush to make money, sometimes you might end up getting things wrong.

To make money you should enter the market in small amounts and do it periodically. A single investment can put your capital at greater risk which should be avoided. Proper and objective control of your capital is in your hands, so you should avoid the tendency to invest in haste and develop the habit of patience so that.

[Fredomago]

Of course that is the first thing we have to do before actually entering the market, we have to see how the trend occurs and we also have to do technical and fundamental analysis to find the right position to enter the market.

Vry important factors that will save your butt when dealing inside trading, it's a must that you should do before taking your position, there are things that you needed to study and analyze, it helps to lessen the risk and give you potential benefits.

We can't just come and start entering, that's the same as hoping for luck. The market is volatile, so even if we follow the current trend, it doesn't mean we will be able to make a profit because there could be a sudden reversal.

Best not just to lean with luck, something that you can use as patterns when placing your position and making your decision when it's needed.

And when we trade against the trend, it is also riskier, there must be an in-depth analysis of the indicators that say the price will reverse. Obviously that is not easy and indeed trading is not easy.

Not easy as if it is then we will see more successful traders than those who failed, it's a never ending study and adoptions that you need each time you position your trades.

[Nheer]

Rushing trading as a newbie have been the main reason for lose of money, we always want to gain the profits even in the first trade.

Patience is the key to success in whatever we do and so it is in trading, without patience we will just end of losing money and taking un calculated risks. Lack of patience is very common with beginners because all they think of is making money and they eagerly looking for profits. Trading requires patience and also requires time to learn and understand it properly to reduce the chances of failure, having knowledge about trading doesn’t guarantee success because even experts experience loss too. Newbies need to learn to be patient and also eliminate greed in their tradings if they want to be successful in trading because it is a very risky business.

[nara1892]

Rushing trading as a newbie have been the main reason for lose of money, we always want to gain the profits even in the first trade.

Patience is the key to success in whatever we do and so it is in trading, without patience we will just end of losing money and taking un calculated risks. Lack of patience is very common with beginners because all they think of is making money and they eagerly looking for profits. Trading requires patience and also requires time to learn and understand it properly to reduce the chances of failure, having knowledge about trading doesn’t guarantee success because even experts experience loss too. Newbies need to learn to be patient and also eliminate greed in their tradings if they want to be successful in trading because it is a very risky business.

Exactly, patience is indeed one of the keys to success in anything as you said, but what always triggers problems that befall traders, especially beginners, is that they seem to ignore this important thing, they seem to be in a hurry when trading, maybe because they are impatient to get profit, even though it is clear that in trading the possibility of loss is also another thing that will remain involved in addition to the opportunity for profit.

Therefore, this is why we are really advised to know and understand what and how the activities we are facing are actually by using a rational mindset in assessing these activities, because that way you will know and realize that all decisions and actions must always be calculated and considered. And actually there are still quite a lot of things that must be prepared by a trader, especially beginners, not only about patience, strong intentions and determination related to the willingness to always learn must also be prepared, because after all, the profit in trading depends on how much knowledge you have.

[OcTradism]

Exactly, patience is indeed one of the keys to success in anything as you said, but what always triggers problems that befall traders, especially beginners, is that they seem to ignore this important thing, they seem to be in a hurry when trading, maybe because they are impatient to get profit, even though it is clear that in trading the possibility of loss is also another thing that will remain involved in addition to the opportunity for profit.

Patience only works well if you use your patience properly.

If you open a bad trading position, but hesitate or don't want to cut loss and close your bad position, but in fact you want to patiently wait and hope that the market will move and change your bad position to a good one, with profit, it's very terrible. You can lose big money or your position can be liquidated if you use leverage.

In investment, have patience does not always help you getting profit. It is only helpful if you already chose a good cryptocurrency to invest, for example and in my recommendation, it's Bitcoin. If you invest in a shit coin, but patiently hold it, you will get loss, or big loss.

[AYOBA]

Rushing trading as a newbie have been the main reason for lose of money, we always want to gain the profits even in the first trade. I know the ultimate goal for every trader is to make profit in trading but since newbies are not very familiar with trading it is better not to rush it because taking your time to learn trading will help in reducing lose due to lack of understanding.

That’s just the fact to newbie’s rushing to trading it’s a big reason why a lot of people’s are losing of their money when it’s come to trade, some people’s think that a trade is way of making quickly money they unaware that is also deserved enough knowledge:, is involved so many risks; some newbie’s are will be claim that there experts and the trading is not all about that instead of them should be calm and ask those that have already be professional traders but they will not that’s why some lose a huge amounts in trading without any single profits.

It is better to go slow with trading and be consistent as beginner than to be very fast. Rushing trading is not very bad though, with the interest to learn fast can also make new traders to know what they want about trading but it will cause so much lose of money. For the fact that trading is very risky especially for those who are new in it, it is better not to rush into it. Take your time to learn even if it will cause you to be slow, it will help to reduce loses as a beginner. When loses are not much for a beginner it is a good experience for trading as a beginner.

Yeah everything in this life is a gradual process anyone who is really want to be successful in whatever is doing most have to be endure, so that’s it can know much on how the process of what is try to establish or goes the same things with the trading is also needed long time leaning to know the aspects of the losing that and the risks that are involved.

[aylabadia05]

<snip>

To make money you should enter the market in small amounts and do it periodically. A single investment can put your capital at greater risk which should be avoided. Proper and objective control of your capital is in your hands, so you should avoid the tendency to invest in haste and develop the habit of patience so that.

You're not completely right, even if the theory is correct. If your sole investment is made in bitcoin, then you have likely avoided one of the risks of most other investment risks, especially regarding investment instruments. Bitcoin is the best investment instrument in crypto, it is different from altcoins, in the long term bitcoin is more trustworthy than most of the altcoin.

Investing regularly is a good strategy to consider, especially if you have extra budget. If so, you might consider DCA and buy regularly when you have the budget. Many investors practice this strategy for the purpose of accumulating bitcoins, so over time their portfolios grow larger.

[Silberman]

Rushing trading as a newbie have been the main reason for lose of money, we always want to gain the profits even in the first trade. I know the ultimate goal for every trader is to make profit in trading but since newbies are not very familiar with trading it is better not to rush it because taking your time to learn trading will help in reducing lose due to lack of understanding. It is better to go slow with trading and be consistent as beginner than to be very fast. Rushing trading is not very bad though, with the interest to learn fast can also make new traders to know what they want about trading but it will cause so much lose of money. For the fact that trading is very risky especially for those who are new in it, it is better not to rush into it. Take your time to learn even if it will cause you to be slow, it will help to reduce loses as a beginner. When loses are not much for a beginner it is a good experience for trading as a beginner.

It is completely understandable that traders want to win every single trade but this is not possible, instead you should look at your results after a hundred of trades and if you obtain profits then it does not matter how many times you lost as you earned more money anyway, however gaining this kind of perspective takes time and most newbie traders are unable to think on this way, and this causes them to suffer loses they could have avoided easily if they did.

[Adbitco]

Rushing trading as a newbie have been the main reason for lose of money, we always want to gain the profits even in the first trade. I know the ultimate goal for every trader is to make profit in trading but since newbies are not very familiar with trading it is better not to rush it because taking your time to learn trading will help in reducing lose due to lack of understanding. It is better to go slow with trading and be consistent as beginner than to be very fast. Rushing trading is not very bad though, with the interest to learn fast can also make new traders to know what they want about trading but it will cause so much lose of money. For the fact that trading is very risky especially for those who are new in it, it is better not to rush into it. Take your time to learn even if it will cause you to be slow, it will help to reduce loses as a beginner. When loses are not much for a beginner it is a good experience for trading as a beginner.

It is completely understandable that traders want to win every single trade but this is not possible, instead you should look at your results after a hundred of trades and if you obtain profits then it does not matter how many times you lost as you earned more money anyway, however gaining this kind of perspective takes time and most newbie traders are unable to think on this way, and this causes them to suffer loses they could have avoided easily if they did.

We should always have this mentality as a trader that trading is a profit and lost business we do even though there seems to be a form of regular profits we should always think that one day lose can likely happened and we can't avoid it when it coming.

Now how does it come? Good!
It comes when a trader is proving to know it all or wanting to apply professionalism in their trades  then it would automatically turn against them causing a severe loss and even to what they didn't expect of them could likely happened because they aren't cautious of their trades.

[justdimin]

Patience only works well if you use your patience properly.

If you open a bad trading position, but hesitate or don't want to cut loss and close your bad position, but in fact you want to patiently wait and hope that the market will move and change your bad position to a good one, with profit, it's very terrible. You can lose big money or your position can be liquidated if you use leverage.

In investment, have patience does not always help you getting profit. It is only helpful if you already chose a good cryptocurrency to invest, for example and in my recommendation, it's Bitcoin. If you invest in a shit coin, but patiently hold it, you will get loss, or big loss.

I think that is not what people talk about when they talk about patience most of the time, they mean long term holding, for example like bitcoin holding. Trading isn't something you need to be patient about but something that you need to check the data and if the analysis shows that you are doing the right thing by holding then you could hold some more but if it looks like you should get out then you shouldn't be holding at all.

Trading is usually a lot quicker and that is why it doesn't require patience as much as long term holding does. Same logic would apply to long term holding too, you could buy some shitcoin and be patient that it will go up but it could crash to zero, in that case you should have gone out quickly before it dropped, hence even at long term holding it means that you need to be holding something that will bring you profit and only then it would make sense to be patient and hold long term.

[Fredomago]

Rushing trading as a newbie have been the main reason for lose of money, we always want to gain the profits even in the first trade. I know the ultimate goal for every trader is to make profit in trading but since newbies are not very familiar with trading it is better not to rush it because taking your time to learn trading will help in reducing lose due to lack of understanding. It is better to go slow with trading and be consistent as beginner than to be very fast. Rushing trading is not very bad though, with the interest to learn fast can also make new traders to know what they want about trading but it will cause so much lose of money. For the fact that trading is very risky especially for those who are new in it, it is better not to rush into it. Take your time to learn even if it will cause you to be slow, it will help to reduce loses as a beginner. When loses are not much for a beginner it is a good experience for trading as a beginner.

It is completely understandable that traders want to win every single trade but this is not possible, instead you should look at your results after a hundred of trades and if you obtain profits then it does not matter how many times you lost as you earned more money anyway, however gaining this kind of perspective takes time and most newbie traders are unable to think on this way, and this causes them to suffer loses they could have avoided easily if they did.

We should always have this mentality as a trader that trading is a profit and lost business we do even though there seems to be a form of regular profits we should always think that one day lose can likely happened and we can't avoid it when it coming.

Now how does it come? Good!
It comes when a trader is proving to know it all or wanting to apply professionalism in their trades  then it would automatically turn against them causing a severe loss and even to what they didn't expect of them could likely happened because they aren't cautious of their trades.

Yeah, when a trader start being too comfortable then chances that he might made a mistake and start losing his money, it's best to take time and not to rush anything always anticipate and make sure to have a alternative plans in case things ain't working according to how you anticipate things having good plans and managing both time and finances will help to keep you in-line with how trading works, and same with how most traders do just have that patience inside you then you may take good care of how you adopt and adjust with each situation that you need to face while inside the trade.

[Dewi Aries]

We should always have this mentality as a trader that trading is a profit and lost business we do even though there seems to be a form of regular profits we should always think that one day lose can likely happened and we can't avoid it when it coming.

Now how does it come? Good!
It comes when a trader is proving to know it all or wanting to apply professionalism in their trades  then it would automatically turn against them causing a severe loss and even to what they didn't expect of them could likely happened because they aren't cautious of their trades.

Yeah, when a trader start being too comfortable then chances that he might made a mistake and start losing his money, it's best to take time and not to rush anything always anticipate and make sure to have a alternative plans in case things ain't working according to how you anticipate things having good plans and managing both time and finances will help to keep you in-line with how trading works, and same with how most traders do just have that patience inside you then you may take good care of how you adopt and adjust with each situation that you need to face while inside the trade.

True, in fact the situation of success in getting profit can make a trader overreact, not much different from the scenario in gambling where when you win you will feel great and greed will continue to tempt and push you to get more, until finally the wrong decision making is very possible for a trader in that situation.

Therefore I think one of the quite effective solutions is to maintain a level of awareness within yourself, make sure you realize that even though for example now you have managed to make a profit, it does not mean that the results in the next session will be the same. Therefore, this is why we are always advised to apply daily TP in trading, none other than because it is something that will help you to stop immediately when you have managed to make a profit.

[retreat]

It is normal for a beginner to lose at the beginning of their trading, even when they are not rushing trading, because no beginner is a trading master when they first enter it - they need experience to build a good strategy in their trading - and this is all built from these losses. The most important thing is how these beginners can learn from their mistakes and be more able to control themselves to stay focused on what they have planned in their trading.

[tetra098v]

I absolutely agree about this statement it is true fact for this reason i told everyone to follow smart money concept SMC in trading

[shawonngp]

It is normal for a beginner to lose at the beginning of their trading, even when they are not rushing trading, because no beginner is a trading master when they first enter it - they need experience to build a good strategy in their trading - and this is all built from these losses. The most important thing is how these beginners can learn from their mistakes and be more able to control themselves to stay focused on what they have planned in their trading.

Right; if beginner will not face lose in the first entry of the trading, how will learn from trading, beginners will make a lot of mistakes and wrong step but those mistakes will make a professional trader day by day, no beginner will become professional trader in one day even without mistakes and losses. But beginners have to control their emotion and don't need to rush to make money.

[nara1892]

Exactly, patience is indeed one of the keys to success in anything as you said, but what always triggers problems that befall traders, especially beginners, is that they seem to ignore this important thing, they seem to be in a hurry when trading, maybe because they are impatient to get profit, even though it is clear that in trading the possibility of loss is also another thing that will remain involved in addition to the opportunity for profit.

Patience only works well if you use your patience properly.

If you open a bad trading position, but hesitate or don't want to cut loss and close your bad position, but in fact you want to patiently wait and hope that the market will move and change your bad position to a good one, with profit, it's very terrible. You can lose big money or your position can be liquidated if you use leverage.

In investment, have patience does not always help you getting profit. It is only helpful if you already chose a good cryptocurrency to invest, for example and in my recommendation, it's Bitcoin. If you invest in a shit coin, but patiently hold it, you will get loss, or big loss.

Well that's right, although patience is something that is always recommended for a trader to have but it will only be useful if they use it correctly, like the scenario you mentioned when someone is wrong in applying patience when they are in a wrong position and instead chooses to be patient and hold the position with high hopes which ultimately leads them to a large amount of loss.

On the other hand, by discussing this matter, I think a trader must first know and understand what they are facing, at least know the simple things that trading is risky and maintain awareness so that they do not make mistakes in applying patience, because if you know about how to apply patience correctly then I think no matter what coin you trade you will be able to manage and apply that patience properly and correctly.