What motivates you as a trader?

[Fredomago]

There's no assurance in terms of acquiring profits there's still risk and up and down that you may experienced but the sole motivations is when you decently earn both money and experienced, it's more on how you deal with knowledge and how you execute the potential outcomes, there are potential to earn once you already overcome greed and fear that keeps on holding you down to make mistake, your call and your decision making is very important to make that success.

You are right, there is no guarantee that we will be able to make a profit, but when we continue to learn, it will open up opportunities for us to make a profit, although not completely, but the opportunity is more open. Nothing is easy here, everything has its own risks and it will be a fear if you can't control it.
Not only fear, but greed will also arise when we make a profit and that greed will encourage us to want to make even greater profits. We must be able to control this very well, because if not, it will make us lose control of ourselves and will make us irresponsible for the trades we make. Maybe we will miss important things that we shouldn't miss.

If we manage to control both our fears and greed, the chance that we will be able to create good strategy that may allow us to compensate from this venue of investment.

We just need to continue working out with our knowledge and skills, adoptions and adjustments that we should do in each trading position that we take in order for us to keep moving forward and to try things that may help to improve our opportunities, it's not an easy task but still doable if we keep our focus.

[Antotena]

Hey mates, happy weekend! I think we should have a discussion about what motivates traders.

Is it the thrill of seeing your setup come to fruition, the money and flexibility that successful trades offer, or perhaps the partnerships and extra rewarding events that successful traders get to participate in?

What's your motivation?

If people says other things without putting money first, I wouldn't say they aren't saying the truth but they are not completely been honest about what motivate them. As for me, money first and that is what makes me come back again and again even the days it doesn't favour me or made loss. No trader will be happy without making money on trading, it's the money that gives us hope and another chance of coming back, some days that you don't make money, if you remember the other days you made, you wouldn't want to give up.

Another thing that motivate me apart from money is that I improved financial from trading, I don't have the millions like other people does in trading but every day that I try, it's always better than yesterday and I'm sure tomorrow is going to be better than tomorrow, so for those people that are having it hard right now, don't give up because you never even know your potential if you quit so soon. Trading is the only thing you don't have to depend on anyone.

[pusaka]

You are right, there is no guarantee that we will be able to make a profit, but when we continue to learn, it will open up opportunities for us to make a profit, although not completely, but the opportunity is more open. Nothing is easy here, everything has its own risks and it will be a fear if you can't control it.
Not only fear, but greed will also arise when we make a profit and that greed will encourage us to want to make even greater profits. We must be able to control this very well, because if not, it will make us lose control of ourselves and will make us irresponsible for the trades we make. Maybe we will miss important things that we shouldn't miss.

If we manage to control both our fears and greed, the chance that we will be able to create good strategy that may allow us to compensate from this venue of investment.

We just need to continue working out with our knowledge and skills, adoptions and adjustments that we should do in each trading position that we take in order for us to keep moving forward and to try things that may help to improve our opportunities, it's not an easy task but still doable if we keep our focus.

Yes and if it is not possible to trade directly in real we can first trade using a demo account. From there we can learn about everything in trading, including indicators that we can use as a tool to help us do technical analysis. Actually there are many things we can do, it just depends on us whether we want to do it or not.
It all comes back to ourselves, a great desire to continue learning must be instilled in us, if we succeed in instilling it then I am sure we will continue to develop all the time. For me it is impossible for someone who wants to learn to never get something good, even though it takes a long time, but with patience we will be at that point.

[CageMabok]

Newbies chasing profits somehow because they want to rich at overnight even when they trying to trade against in market trend, newly meme coins sometimes increase highest as per as wif,shiba inu, pepe coins, so they are rush to invest in meme coins to increase their money 5x to 10x, but end of the day their mission will fail. Newbies should trade with big coins which will be safe always.

Beginners who prefer to choose meme coins to trade on the exchange rather than safer big coins sometimes also have obstacles through the capital they have. Because the price of safer big coins is clearly very different from meme coins, this has made beginners prefer coins that are cheap rather than more expensive ones. In fact, such a strategy will not always be effective for beginners who have just started trading, because apart from still needing time to learn to get used to choosing the best, they also still need to know which coins are better for them to trade in the long term.

[Bloodseekers]

If people says other things without putting money first, I wouldn't say they aren't saying the truth but they are not completely been honest about what motivate them. As for me, money first and that is what makes me come back again and again even the days it doesn't favour me or made loss. No trader will be happy without making money on trading, it's the money that gives us hope and another chance of coming back, some days that you don't make money, if you remember the other days you made, you wouldn't want to give up.

Another thing that motivate me apart from money is that I improved financial from trading, I don't have the millions like other people does in trading but every day that I try, it's always better than yesterday and I'm sure tomorrow is going to be better than tomorrow, so for those people that are having it hard right now, don't give up because you never even know your potential if you quit so soon. Trading is the only thing you don't have to depend on anyone.

I agree with you, making money from trading is certainly the main motivation for everyone who trades, but to get profitable results of course we must be able to do it well and correctly because it is impossible to make money without understanding well about trading, when experiencing failure of course everyone will think about not doing it again but when they remember having felt the benefits of course will correct the mistakes made and will return to trading.

It is true, we will be able to generate additional income from trading when we have been able to do it well and stopping when experiencing failure is certainly not the right choice it would be better if we continue to learn trading and correct those mistakes and also have to be very careful when trying it again and also I agree with you not to depend on anyone but we have to make our own decisions on the trades we make.

[mirakal]

Newbies chasing profits somehow because they want to rich at overnight even when they trying to trade against in market trend, newly meme coins sometimes increase highest as per as wif,shiba inu, pepe coins, so they are rush to invest in meme coins to increase their money 5x to 10x, but end of the day their mission will fail. Newbies should trade with big coins which will be safe always.

Beginners who prefer to choose meme coins to trade on the exchange rather than safer big coins sometimes also have obstacles through the capital they have. Because the price of safer big coins is clearly very different from meme coins, this has made beginners prefer coins that are cheap rather than more expensive ones. In fact, such a strategy will not always be effective for beginners who have just started trading, because apart from still needing time to learn to get used to choosing the best, they also still need to know which coins are better for them to trade in the long term.

I still remember when I used to trade cheap coins before, thinking that I could earn more when they hyped up. I thought buying in bulk would lead to huge profits, but it turned out to be just wishful thinking. Instead, I ended up losing money because only a few people wanted to buy them. So, I changed my style and focused on coins that aren’t just riding the hype train but are actively traded in the market. High trading volume is a solid indicator that a lot of people are using them, and that gives us a better shot at making a profit—especially if we know how to play the market right!

[Fredomago]

Newbies chasing profits somehow because they want to rich at overnight even when they trying to trade against in market trend, newly meme coins sometimes increase highest as per as wif,shiba inu, pepe coins, so they are rush to invest in meme coins to increase their money 5x to 10x, but end of the day their mission will fail. Newbies should trade with big coins which will be safe always.

Beginners who prefer to choose meme coins to trade on the exchange rather than safer big coins sometimes also have obstacles through the capital they have. Because the price of safer big coins is clearly very different from meme coins, this has made beginners prefer coins that are cheap rather than more expensive ones. In fact, such a strategy will not always be effective for beginners who have just started trading, because apart from still needing time to learn to get used to choosing the best, they also still need to know which coins are better for them to trade in the long term.

I still remember when I used to trade cheap coins before, thinking that I could earn more when they hyped up. I thought buying in bulk would lead to huge profits, but it turned out to be just wishful thinking. Instead, I ended up losing money because only a few people wanted to buy them. So, I changed my style and focused on coins that aren’t just riding the hype train but are actively traded in the market. High trading volume is a solid indicator that a lot of people are using them, and that gives us a better shot at making a profit—especially if we know how to play the market right!

It will bring decent profits when the timing is right, a common statement from those traders who loves riding with the hypes, but along the way when you already suffering with loses, you'll jsut end up changing your strategy and start doing your DYOR, it's impotant to know what indicators that you'll be using for you to select right assets to invest your money.

More on how you take time studying the market movement to understand more about this venue of investment.

[Silberman]

I still remember when I used to trade cheap coins before, thinking that I could earn more when they hyped up. I thought buying in bulk would lead to huge profits, but it turned out to be just wishful thinking. Instead, I ended up losing money because only a few people wanted to buy them. So, I changed my style and focused on coins that aren’t just riding the hype train but are actively traded in the market. High trading volume is a solid indicator that a lot of people are using them, and that gives us a better shot at making a profit—especially if we know how to play the market right!

It is natural for traders to make that kind of mistake at the beginning of their trading careers, since in their desire to multiply their profits they take their chances with altcoins thinking this is the way to multiply their profits, however most of the time what they will get instead are an increase on their losses, since it is very difficult for any newbie trader to keep track of so many markets while making no mistake at the same time.

[RockBell]

If we manage to control both our fears and greed, the chance that we will be able to create good strategy that may allow us to compensate from this venue of investment.

We just need to continue working out with our knowledge and skills, adoptions and adjustments that we should do in each trading position that we take in order for us to keep moving forward and to try things that may help to improve our opportunities, it's not an easy task but still doable if we keep our focus.

Having fear sometimes will help you and it will not help you as a trader all you need to do is to have a maximum limit that no matter what you will not want to cross, and that is exactly how you are supposed to be doing your things because when you dont have control and a plan on how you want your trading to look like no goal you just trading am sorry to say at the end of the day you will just get disappointed at what you will meet you will not amount to anything because every trader has a benchmark they want to meet. and these are things that will keep you running. when you have everything checked in place then you won't bother about most of these things and you will even learn to lessen your greed except if you want to risk your money.

working on the knowledge and knowing exactly the things you need will help you gear up your experience, and you will always want to play it safe at the same time this is why knowing is very important but no we don't want to give value to learning and if you can read then get a tutor it is not a crime.

[Olatundespo]

I still remember when I used to trade cheap coins before, thinking that I could earn more when they hyped up. I thought buying in bulk would lead to huge profits, but it turned out to be just wishful thinking. Instead, I ended up losing money because only a few people wanted to buy them. So, I changed my style and focused on coins that aren’t just riding the hype train but are actively traded in the market. High trading volume is a solid indicator that a lot of people are using them, and that gives us a better shot at making a profit—especially if we know how to play the market right!

It is natural for traders to make that kind of mistake at the beginning of their trading careers, since in their desire to multiply their profits they take their chances with altcoins thinking this is the way to multiply their profits, however most of the time what they will get instead are an increase on their losses, since it is very difficult for any newbie trader to keep track of so many markets while making no mistake at the same time.

I think newbie investors should spend more time on market analysis in the beginning and also develop some accumulation habit. He should show tendency to deposit regularly by checking reliable and market cap.

[Dewi Aries]

I still remember when I used to trade cheap coins before, thinking that I could earn more when they hyped up. I thought buying in bulk would lead to huge profits, but it turned out to be just wishful thinking. Instead, I ended up losing money because only a few people wanted to buy them. So, I changed my style and focused on coins that aren’t just riding the hype train but are actively traded in the market. High trading volume is a solid indicator that a lot of people are using them, and that gives us a better shot at making a profit—especially if we know how to play the market right!

It is natural for traders to make that kind of mistake at the beginning of their trading careers, since in their desire to multiply their profits they take their chances with altcoins thinking this is the way to multiply their profits, however most of the time what they will get instead are an increase on their losses, since it is very difficult for any newbie trader to keep track of so many markets while making no mistake at the same time.

Yes, I would also say that it is natural for a beginner to make such a mistake because after all they still do not have much knowledge about which is more appropriate to choose and which should be avoided because it is too risky, sometimes professional traders always avoid altcoins and prefer to allocate a large amount of their money to the spot market because even though they have to wait a long time to get a significant amount of profit, it is also comparable to the risk which is not too big.

But in the end, of course, it will be a valuable lesson for beginners to know over time what to choose and what to avoid, experience will always be the best teacher, but it also depends on how serious they are in dedicating themselves to learning.