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Author Topic: Don't rush you will still win  (Read 2261 times)
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August 24, 2024, 08:13:44 PM
 #61

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.

Trading is risky to people who do not know anything about trading but are just rushing to open account with any cryptocurrency exchanges to trade because they got told, trading can make them rich although the people that told them that, did not tell them about the other things that can go wrong when trading with any background experience. Rushing into trading will just make you to rush out because you are going to exhaust all your money. Trading have to be handled with care and you are going to be very gentle about anything you are doing. As you get to know more about trading and how to do it rightly, it will no longer be a risk as you now know all the risks and how to avoid them to avoid getting only losses when you are trading.

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August 24, 2024, 08:44:25 PM
 #62

You know everyone that end up rushing into something does not end being profitable but only lose the chances and mess up with the funds, most especially if you aren't good and reliable enough on that certain thing. Just like in trading where being patient is the most crucial thing, you don't have to rush just to secure bigger profits but wait for the right set-up or perfect timing to trade, otherwise you will only be motivated by your greed and with your high emotions on it, it will certainly do nothing but will only increase the chances of losing your trades and thus losing your capital as well.
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August 24, 2024, 09:31:22 PM
 #63

Nobody is exempted from losing OP; all traders experience such things, even old and experienced traders. Maybe we could say that newbies often lose more, but they should not have put this as an excuse, as this is a way to minimize it by acquiring knowledge first before trading. 

And that is right, we should never take trading too easily; we must understand the risky nature of which learning should be prioritized. We take into consideration the shared experience of old traders. Perhaps they are giving us some ideas about what we should do. If we want to succeed, then we must also change our behavior and trading approach. Having smart thinking would always do us a favor, not failure. 

Exactly, there is no an adapter in trading, no matter what you do and how you tried you can't be obviate from loosing, but that doesn't guarantee you, because it can be slackened, I also agree that newbies lose more and it is all because they don't have enough knowledge on how risky it is, with time some will understand what trading is all about, and also learn to know what they can do to prevent themselves from loosing a lot.

I would have loved it if you could use "May" instead of "Will" in your title, for this context of "Will" often puts traders and intending traders into trouble as if they still have some undeniable successful future in trading but it is not as easy as that.

Some traders will never make it in trading whether we like it or not and this advice of yours should not be limited to newbies alone but for every trader, there is no reason to rush, patience is a virtue.



Absolutely you are indeed correct, it's not everybody that will be a successful trader, a lot of things are needed before you can consider yourself as a trader and make progress in trading, like knowledge, skills, honesty, experience, contentment and being polite.

 when a trader have a good knowledge, skills and experience, it may prevent them from losing a lot, if you are not honest with your vendee how can you be honest with yourself, if you are not happy and satisfied with what you earn it can lead you to greediness, if you are greedy you will lose a lot of expenditure, if you are not polite, it will discourage people from purchasing your goods, if you want to be successful you have to be patient it is the key to success, if you are impatient you may make a wrong decision that you will live to regret for the rest of your life.

New traders are losing. That is just the fact.

Do you know the worst part? They may think they know about trading after they have traded some coins and making money from it every time. They will be tempted to double their money or even increase their leverage. Then the loss will begin.

The traders that did not lose too much in the begining are using just little amount of money which is very small.

Using little amount of money to trade can not prevent you from losing, but it is advisable to start trading with a little amount of money that you can afford to lose, so that even if you lose you should be able to stand strongly again, but some people are eager thinking that  the higher the capital the higher the profit, from the look of things this is the true definition of impatient, because for instance, if you are not patient enough to wait for the right time and you go ahead and start your first investment with huge amount of money and you lose, you will end up regretting it, all of this this happened due to impatient.
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August 24, 2024, 11:56:35 PM
 #64

New traders are losing. That is just the fact.

Do you know the worst part? They may think they know about trading after they have traded some coins and making money from it every time. They will be tempted to double their money or even increase their leverage. Then the loss will begin.

The traders that did not lose too much in the begining are using just little amount of money which is very small.
Majority of traders are still losing indeed as there are more losses than reliable wins when it comes to trading. Most particularly for newbies in trading, they trade  mostly for profits so it's not surprising why majority of them end up losing because they rush into trading without those crucial skills and strategies needed prior to trading. If only they can be more patient while waiting for the perfect set up for trading, then most likely they can limit some of those inevitable losses that occur in trading.


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August 25, 2024, 09:51:34 AM
 #65

Every new trader in crypto hopes they want to make a profit faster, which is the exact reason they lose. Things that act hastily in trading can have fatal consequences for losing all existing assets, beginners also mostly rely on trends when trading without thinking twice and want to observe a coin being traded, the most important thing in trading crypto is not to be too hasty because the price at any time is very high. Active fluctuations do not match our predictions.

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August 25, 2024, 03:16:45 PM
 #66

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.

I want you to know that life has its own way of doing things or rather should I just say nature. There are people that have rush into trading that has made it through that way but it's safe to say it's better to do it the way you said it. You know bull run is a very unpredictable moment yiu never can tell how it's going to end but most likely it's do favour people and for that reason even an unexperienced trader can make money from this wonderful opportunity.

If anyone want to trade and makes profit for long time, it's better they learn trading, read trading and practice it with virtual money like paper trading or better use demo. It's better to trade that way and miss wonderful opportunities and then gain experience from there than make nothing because you want to cashout in those opportunities. You may be the scape goat when you even try.

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August 26, 2024, 01:09:24 PM
 #67

Hmm 70% to 90% of traders are not experienced, and the actual gainers are only 10% you need to know this is not just words saying actually if you check the trading journey of most of the traders who ended up leaving it, earn some decent s=amount in their journey but due to impatience and other lacking skills lose that earned amount with their capital as well.
Right, a very small number of traders can survive here in the end otherwise most of traders are forced to leave at some point because they suffer more than they gain. Because trade is not for all people’s, it is a difficult journey. Those traders are experienced they can't also profits in every entry, because if you are experienced that doesn't mean you will make profits always.

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August 26, 2024, 03:02:47 PM
 #68

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.
Rushing trading? What the hell are you talking about lol. The reason why newbies lose when they trade is because they know jackshit about how trading works. They think it's just investing on a certain asset or coin, wait for the pump, and take profit, or vice versa if they're into shorting assets. But there's a lot of factors at play as to how you'd win and take profit or lose and incur losses, and it's not just a simple putting money and faith on a certain asset despite what many people would assume.

The way you're trying to antagonize taking early profits is just fucking ridiculous, we all have differing risk appetites, for some people, investing is better if they could reap the profits as they come, to some, they could stand and wait until a larger amount comes around. But no matter what, profit is profit, and the same could be said for losses, people who take in losses at its earliest instance aren't stupid for doing so as well, it's all in their risk appetites. Besides, they could just put money back in, like what most investors do in the first place.

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August 26, 2024, 06:45:14 PM
 #69

Every new trader in crypto hopes they want to make a profit faster, which is the exact reason they lose. Things that act hastily in trading can have fatal consequences for losing all existing assets, beginners also mostly rely on trends when trading without thinking twice and want to observe a coin being traded, the most important thing in trading crypto is not to be too hasty because the price at any time is very high. Active fluctuations do not match our predictions.

Slowly and steady, as they say Grin No rush is needed indeed if a person wants to reach the goal they have in mind. Otherwise - things may go south very quickly.

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August 27, 2024, 11:42:37 AM
 #70

Hmm 70% to 90% of traders are not experienced, and the actual gainers are only 10% you need to know this is not just words saying actually if you check the trading journey of most of the traders who ended up leaving it, earn some decent s=amount in their journey but due to impatience and other lacking skills lose that earned amount with their capital as well.
Right, a very small number of traders can survive here in the end otherwise most of traders are forced to leave at some point because they suffer more than they gain. Because trade is not for all people’s, it is a difficult journey. Those traders are experienced they can't also profits in every entry, because if you are experienced that doesn't mean you will make profits always.

Those who got that nerves to push forward and try harder will manage to take things in another level, though not all can be successful as it is but most likely those who have that patience will find ways to succeed, it's logically right that trading is not for everyone but for those who wanted to lead their way to lern deeper and make it worthy for them to stay.

No rush but patience and keep learning and make things possible for you to established your skills and make things better from time to time.

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August 27, 2024, 03:26:41 PM
 #71

Those who got that nerves to push forward and try harder will manage to take things in another level, though not all can be successful as it is but most likely those who have that patience will find ways to succeed, it's logically right that trading is not for everyone but for those who wanted to lead their way to lern deeper and make it worthy for them to stay.

No rush but patience and keep learning and make things possible for you to established your skills and make things better from time to time.

that's why many people say trading is not for everyone. even people who want to learn trading should know that. not to scare, just motivation for those who want to learn trading must have preparation first.

many beginners rush to trade futures, even those who do not know anything about crypto trading. learn by yourself from a video but it will only provide lessons, not an understanding. maybe they can trade but are not really ready to trade.

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August 28, 2024, 04:42:29 PM
 #72

Those who got that nerves to push forward and try harder will manage to take things in another level, though not all can be successful as it is but most likely those who have that patience will find ways to succeed, it's logically right that trading is not for everyone but for those who wanted to lead their way to lern deeper and make it worthy for them to stay.

No rush but patience and keep learning and make things possible for you to established your skills and make things better from time to time.

that's why many people say trading is not for everyone. even people who want to learn trading should know that. not to scare, just motivation for those who want to learn trading must have preparation first.

many beginners rush to trade futures, even those who do not know anything about crypto trading. learn by yourself from a video but it will only provide lessons, not an understanding. maybe they can trade but are not really ready to trade.
The ability of a person to understand something is different, some of them understand quickly and some of them need more time to be able to understand something. In trading, everything is not easy, because we need to learn many things, be it about trading itself, the market, mentality and others. Like it or not, we have to learn and go through that process.

Everyone can trade, but not everyone can be successful in trading. Not only knowledge that we must master but we must also have capital, which we must prepare well, so that when we lose it will not be a problem for our lives.

R


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August 28, 2024, 05:02:02 PM
 #73

In my opinion new traders should do demo trading first. I would say at least they should do demo trading for 3 months then after that they can start real trading. Rush trading should never be done. Beginners often do rush trades in hopes of high profits, which results in a lot of losses.
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August 28, 2024, 05:39:53 PM
 #74

You know everyone that end up rushing into something does not end being profitable but only lose the chances and mess up with the funds, most especially if you aren't good and reliable enough on that certain thing. Just like in trading where being patient is the most crucial thing, you don't have to rush just to secure bigger profits but wait for the right set-up or perfect timing to trade, otherwise you will only be motivated by your greed and with your high emotions on it, it will certainly do nothing but will only increase the chances of losing your trades and thus losing your capital as well.

Most newbie traders make the mistake of overdoing it out of greed. If they earn $3 a day with a $50 capital, they think it's not enough and they want to earn more, which is not bad for a beginner. So what they do is they start increasing the number of trades they usually make. If they were making 5 posts a day before, they start making 10 now only to maximize the profits they were getting before.

They don't realize that they are making a mistake by increasing the number of trades when they don't even know the market very well. Eventually, they end up losing their capital because of trying to make more trades while doing minimum research.

So it's a mistake, trying to earn more when you are not ready for that. Be grateful for what you are getting based on your level of knowledge and experience.


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August 28, 2024, 05:52:54 PM
 #75

---
many beginners rush to trade futures, even those who do not know anything about crypto trading. learn by yourself from a video but it will only provide lessons, not an understanding. maybe they can trade but are not really ready to trade.
A big mistake. That's a big mistake. Beginners rushing to trade in futures instead of going to try spot trading first is a big mistake.
I believe the main reason why some beginners are opting to start trade in futures is because of the profits that they can get when they trade on it. They got attracted by it that they already forgot the possible risks that they may face and knowing that they're beginners, the chances of them losing money in trading is almost close to 100%.

Well, most of the newbies always lose their first deposit so I guess they're doing just for the experience and after that, they will decide whether they will continue doing it or they will just focus on spot trading. Nevertheless, watching video from YouTube can still help, but I would say that experience when it comes to trading would be the best teacher. Smiley

 
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August 28, 2024, 07:42:34 PM
 #76

Those who got that nerves to push forward and try harder will manage to take things in another level, though not all can be successful as it is but most likely those who have that patience will find ways to succeed, it's logically right that trading is not for everyone but for those who wanted to lead their way to lern deeper and make it worthy for them to stay.

No rush but patience and keep learning and make things possible for you to established your skills and make things better from time to time.
that's why many people say trading is not for everyone. even people who want to learn trading should know that. not to scare, just motivation for those who want to learn trading must have preparation first.

many beginners rush to trade futures, even those who do not know anything about crypto trading. learn by yourself from a video but it will only provide lessons, not an understanding. maybe they can trade but are not really ready to trade.
That is definitely true, you can study as much as you want, and you may not be good at it. My wife was a teacher, and I can tell you that she had many kids who actually tried and didn't understand her lesson, sometimes you just don't get some stuff, no matter how smart you can be, you are foreign to some subjects.

You think a doctor of cardiovascular surgeon is capable of also make a good decision about accounting? Not commonly, maybe rarely those two can overlap but not really, or some musician, who rivals mozarts, could also be a great tech who can fix your broken pc? I do not think so.

Not everyone understands every subject, and some people could fail at trading because it is not their field and they do not get it, doesn't mean they are stupid, it just means they do not get it. Some people were not made to trade, I feel like I am one of those people, while I am not doing too bad recently, I can say that it took me near a decade to be just ok, by this time many of my friends got rich quicker than me.

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August 29, 2024, 08:07:03 AM
 #77

Every new trader in crypto hopes they want to make a profit faster, which is the exact reason they lose. Things that act hastily in trading can have fatal consequences for losing all existing assets, beginners also mostly rely on trends when trading without thinking twice and want to observe a coin being traded, the most important thing in trading crypto is not to be too hasty because the price at any time is very high. Active fluctuations do not match our predictions.
When someone understands that by trading they can easily make a profit, of course this is a misunderstanding of them in understanding trading, of course they must first study well so that they understand well before they can trade and make a profit because it is very unlikely that someone who is just trying it will easily get profit on the trading they do.
Doing trading in a hurry of course makes someone unable to make the right decisions on the trading they do and of course this will make them fail and there are many things they have to do such as analyzing first before deciding to enter the market to trade, because without doing analysis of course it will be difficult for them to make a profit.

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slaman29
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August 29, 2024, 09:08:10 AM
 #78

In my opinion new traders should do demo trading first. I would say at least they should do demo trading for 3 months then after that they can start real trading. Rush trading should never be done. Beginners often do rush trades in hopes of high profits, which results in a lot of losses.

Nah no need. The way the last 5 pages of replies are, the way supposed 'traders' approach everything. From mindset, from expectation and from just the way they talk its very clear they treat trading exactly as a gambler treats the casino with 'strategy'.

No need to waste time on demo it will not give them the same rush they don't realize they are craving. Go lose money rightaway from day 1, the faster they learn, the faster they get back to real life and quit trading.

At least honest gamblers know they will most probably lose the money but they will have fun. Trader gamblers become addicted and don't even get enjoyment.


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August 29, 2024, 09:37:03 AM
 #79

Quote from: Distinctin
You know everyone that end up rushing into something does not end being profitable but only lose the chances and mess up with the funds, most especially if you aren't good and reliable enough on that certain thing. Just like in trading where being patient is the most crucial thing, you don't have to rush just to secure bigger profits but wait for the right set-up or perfect timing to trade, otherwise you will only be motivated by your greed and with your high emotions on it, it will certainly do nothing but will only increase the chances of losing your trades and thus losing your capital as well.

Yes, I agree with you for that because I experienced it when I newly started trading, because I thought rushing to trade in the market make someone to gain more income from trading without considering the market situation and it made me to lose more funds before I learned from my mistakes. When you are patient in your trading, it create more opportunity for you to win in your trading, because there are some season you will trade your coins in the market it will increase your income, which is bullish season and many traders like to make use of bullish season to trade their coins. If you can control your emotions in trading, it make other traders to believe that you are good in trading, because emotions has made many newbies to rush to trade their coins during the bearish season.

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August 29, 2024, 02:56:02 PM
 #80

The ability of a person to understand something is different, some of them understand quickly and some of them need more time to be able to understand something. In trading, everything is not easy, because we need to learn many things, be it about trading itself, the market, mentality and others. Like it or not, we have to learn and go through that process.

Everyone can trade, but not everyone can be successful in trading. Not only knowledge that we must master but we must also have capital, which we must prepare well, so that when we lose it will not be a problem for our lives.
The amount of people who would prefer to do something that is amazing, it's really not that simple to just avoid all of this, you have to realize that it's the main part. Many people just want to start trading on day one, and because of that they end up losing a lot of money, they should know better but they don't because nobody told them not to start, every influencer kept pressuring them into making decisions and buying stuff that they suggest.

Most of those influencers get paid by the projects to suggest the tokens, and you lose money while they make as much as they can. That is why I feel like we should probably consider that as the most important part of this, it's the clear winner in this case without a doubt.

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