what do you think about the diffculty in trading?

[Strongkored]

Most people, new traders and old are mostly talking about how difficult trading can be, the emphasis on the difficulty has discouraged some people from wanting to even consider becoming a trader.

Do you think non traders exaggerate about the difficulties in trading or it is hyped too much by people who are already traders? Or do you think it is not a hype, that trading is actually something very difficult?

If you are a trader then you can confirm the statement that trading is difficult as a true statement, because if trading was easy there would be no traders who would eventually quit trading. However, difficulties are natural because the difficulties faced will be comparable to the profits obtained if trading according to the right trading knowledge.

[kurovsky]

Most people, new traders and old are mostly talking about how difficult trading can be, the emphasis on the difficulty has discouraged some people from wanting to even consider becoming a trader.

Do you think non traders exaggerate about the difficulties in trading or it is hyped too much by people who are already traders? Or do you think it is not a hype, that trading is actually something very difficult?

Trading can be tough, but it’s often exaggerated by both traders and non-traders. It requires knowledge and patience, but with the right approach, it’s not as hard as it’s made out to be. It’s about managing risks and staying disciplined.

Here’s an image that explains trading in a simple way: Trading Charts

[Wakate]

Most people, new traders and old are mostly talking about how difficult trading can be, the emphasis on the difficulty has discouraged some people from wanting to even consider becoming a trader.

Do you think non traders exaggerate about the difficulties in trading or it is hyped too much by people who are already traders? Or do you think it is not a hype, that trading is actually something very difficult?

Trading can be tough, but it’s often exaggerated by both traders and non-traders. It requires knowledge and patience, but with the right approach, it’s not as hard as it’s made out to be. It’s about managing risks and staying disciplined.

Here’s an image that explains trading in a simple way: Trading Charts

Trading can be profitable if we try as much to learn about the market and seek for the full understanding about the market, not trying to learn few things and immediately jump into the market to start making money. To make money from the market, we need to learn a lot about the crypto market and what could be responsible for the bullish and bearish trend. Gambling is going to be profitable and the only way this can be possible is through learning from those that are professional and knows how to trader in the market without any third parties. Learning from a long time profitable traders can make a great impact.

[Fara Chan]

Trading can be tough, but it’s often exaggerated by both traders and non-traders. It requires knowledge and patience, but with the right approach, it’s not as hard as it’s made out to be. It’s about managing risks and staying disciplined.

Here’s an image that explains trading in a simple way: Trading Charts

It is not only about managing risk and discipline when someone starts trading, but the person must also be able to maintain their mentality not to be greedy when they have made a profit and must be more patient when they have not made a profit. This means that trading is very simply not difficult as long as someone is willing to learn diligently and not push themselves too hard when they have lost or when they have not found their profit in a short time. Because every right approach will always provide a better way so what you convey is not wrong at all in this case.

[Rockstarguy]

Are there any key experiences that a trader has to  have in trading to really call themselves traders? For instance, Does a new trader need to have experienced blowing his account and other sort of issues to become qualified to be called a trader?

Though as a trader their are some experiences that one will come across at the beginning but it doesn't mean if one didn't experience all these  then won't be considered to be trader. Their are people who really took their time to learn trading and not in haste to make money from trading, it is possible that they didn't have much terrible experiences in their early days of learning in trading.

A trader is one who is making profit in trading , atleast loses is not more than what have been gained so far. A trader is one whu really understand what he/she is doing and can easily mistakes from trading and also learn from it.

[CroverNo01]

Most people, new traders and old are mostly talking about how difficult trading can be, the emphasis on the difficulty has discouraged some people from wanting to even consider becoming a trader.

Do you think non traders exaggerate about the difficulties in trading or it is hyped too much by people who are already traders? Or do you think it is not a hype, that trading is actually something very difficult?

Been concentrated only on trading is complicated if I'm corrected. We can anticipate in other activities as long as we're ready tk accomplish our goals. There's alot already happening in the market, do you want to risk your portfolio? There's spectacular pattern to follow if you're craving to survived in the market. Trading is difficult but what comes with it? Existing in trading space is complicated following the unmeasurable risks found in the space, we can be lucky enough to be able to acquire substandard goals for ourselves.

There are different categories of traders, we have both passive and active traders, profitable and non-profit traders and finally those traders that trigger either the use of fundamental analysis or technical analysis. They're all persuasive for just one main outcome and that's simply accumulating profits.

[RockBell]

It is not only about managing risk and discipline when someone starts trading, but the person must also be able to maintain their mentality not to be greedy when they have made a profit and must be more patient when they have not made a profit. This means that trading is very simply not difficult as long as someone is willing to learn diligently and not push themselves too hard when they have lost or when they have not found their profit in a short time. Because every right approach will always provide a better way so what you convey is not wrong at all in this case.

They are all working together because you actually need something to be alright because those are the factors that will help you grow in the industry because when you don't manage your self first because it is when you know how to manage your self that you will be able to manage your resources.

Because you need to be mentally prepared before you start trading because it will drain you so you need to be prepared for things like this and even when you don't have patience then there is a big problem because everything have to be done accordingly because there are things that you can learn and when you are implementing all this things you have learned then you bring them to the picture because most people forget about this basics. And this is what will actually help them and they choose to neglect the whole process.

[Yamifoud]

That is truly difficult in the sense that only a few traders become successful and earn while the majority are struggling hard and losing. In fact, we can attest to how challenging it is to become a trader, which I think proves enough that this is not an easy job. That is why I don't believe those traders who said that there is easy money in trading, as they are not talking right. Because trading does not just need good knowledge and skills but also a kind of behavior that could rally their trading journey to succeed.

[TheUltraElite]

If you compare trading to any other skill based job you will notice that the latter becomes better with practice and determination and have objective outcomes while trading is not so.

This in some people's words is "difficult" - but that term has no meaning unless the context is specified which I just did for you.

I tend to lean towards the narrative that trading is not for every average joe out there. It needs a specific mindset and an approach that is usually lacking in the public and cannot be learnt. Being calm during a crash and seeing the opportunity to buy is something that everyone does not have.

[Japinat]

Most people, new traders and old are mostly talking about how difficult trading can be, the emphasis on the difficulty has discouraged some people from wanting to even consider becoming a trader.

Do you think non traders exaggerate about the difficulties in trading or it is hyped too much by people who are already traders? Or do you think it is not a hype, that trading is actually something very difficult?

For how many years I’ve been trading, as far as I remember I never heard anyone saying that trading is just a piece of cake, and that anytime he can make profits out from trading. What I actually heard is the opposite, and I know majority will agree on it. That led me to a conclusion that trading is really hard and tough, and whoever wish to enter trading, long term preparation should be made in order to come up with the right trading approach and analysis.

[DaNNy001]

The difficulty is not hyped at all, even profitable traders that are being honest would tell that trading isn't easy... just like every other thing in life that requires discipline and effort to learn so is trading...The thing about trading is that you can put in a lot of time into it and still fail multiple times, most people went through this phase and gave up, some were able to endure till they started making profit..The most difficult part of trading is the psychological aspect of it, if you don't discipline yourself and learn to control your emotions you can't be a trader.

[Synchronice]

Most people, new traders and old are mostly talking about how difficult trading can be, the emphasis on the difficulty has discouraged some people from wanting to even consider becoming a trader.

Do you think non traders exaggerate about the difficulties in trading or it is hyped too much by people who are already traders? Or do you think it is not a hype, that trading is actually something very difficult?

Trading is difficult because is there any way to predict the price of the coin? I think that there isn't, there isn't a formula that tells you how to predict the price. I think that trading is mostly based on luck and not on skill. If it was a skill, then a simple math formulas would help. Chess is a skill based game and computer can always beat you because it can calculate all the possible moves and outcomes. If trading was a skill based game, then bots would bring the profit but that doesn't happen. I don't want to say that trading is purely based on luck, no, you really need some skill but mostly, it's based on luck. To my mind, becoming a successful trader is similar to becoming a successful gambler.

[john_egbert]

The difficulty is not hyped at all, even profitable traders that are being honest would tell that trading isn't easy... just like every other thing in life that requires discipline and effort to learn so is trading...The thing about trading is that you can put in a lot of time into it and still fail multiple times, most people went through this phase and gave up, some were able to endure till they started making profit..The most difficult part of trading is the psychological aspect of it, if you don't discipline yourself and learn to control your emotions you can't be a trader.

If the person manages risks and their funds to work with properly, they won't lose everything entirely even being very bad in trades for some days.

It's a question of risk management and proper strategies, which are built on mistakes, of course.

[Victorybit1]

Being a profitable trader is very difficult, there are people that have been trading for more than a year but they haven't made a significant amount of profit. The difficulty isn't overhyped, it's actually very difficult. The percentage of traders that make more profit than losses is not as high as you think it is. people come online to share fake orders, most of them are from demo accounts, they are just looking for people that they can deceive to probably buy their courses. It's one thing to call yourself a trader another thing is to understand and know how the market works

[irhact]

Do you think non traders exaggerate about the difficulties in trading or it is hyped too much by people who are already traders? Or do you think it is not a hype, that trading is actually something very difficult?

I took some break from trading and when I returned back to training everything was looking so difficult to me that it took me several tries before I was able to make some profits. The difficulty in trading isn't over hyped but it's the reality. Any individual that hasn't started trading shouldn't think about joining as it'll take you a long time before you can start making profits and even after you start understanding the things to do rightly to make you to profits, still you're not guaranteed of making a profits. You can start a new business and have a higher chance of being profitable than to be trading. Old traders aren't lying but they're only protecting the new set of people wanting to become traders.

[Bushdark]

That is truly difficult in the sense that only a few traders become successful and earn while the majority are struggling hard and losing. In fact, we can attest to how challenging it is to become a trader, which I think proves enough that this is not an easy job. That is why I don't believe those traders who said that there is easy money in trading, as they are not talking right. Because trading does not just need good knowledge and skills but also a kind of behavior that could rally their trading journey to succeed.

Trading is not for the lazy ones which is why we need to learn and doing research often to make money from the market. Those that know how to do their thing will always see huge profits from trading although sometimes, the market can be funny and your strategy might fail you allowing you to make losses from the market. Because of inadequate knowledge about the market, many traders will choose to gamble in the market than trying to trade in the right way using risk management to prevent any unnecessary losses.
Those that don't know how to trade in the market can rather focus on investing than trying to make free money from the market.

[hyudien]

Do you think non traders exaggerate about the difficulties in trading or it is hyped too much by people who are already traders? Or do you think it is not a hype, that trading is actually something very difficult?

Op I think your question has been answered, most of the people who replied to you agree that trading is hard no one is exaggerating because it is the reality like, you have to have good skills if you want to make consistent profits but it is not easy. It takes years and during the process losses are inevitable. I say trading is for people who have a never give up mentality + for me trading is not a permanent job we have to include trading activities in side jobs.

[justdimin]

Most people, new traders and old are mostly talking about how difficult trading can be, the emphasis on the difficulty has discouraged some people from wanting to even consider becoming a trader.

Do you think non traders exaggerate about the difficulties in trading or it is hyped too much by people who are already traders? Or do you think it is not a hype, that trading is actually something very difficult?

Trading is difficult because is there any way to predict the price of the coin? I think that there isn't, there isn't a formula that tells you how to predict the price. I think that trading is mostly based on luck and not on skill. If it was a skill, then a simple math formulas would help. Chess is a skill based game and computer can always beat you because it can calculate all the possible moves and outcomes. If trading was a skill based game, then bots would bring the profit but that doesn't happen. I don't want to say that trading is purely based on luck, no, you really need some skill but mostly, it's based on luck. To my mind, becoming a successful trader is similar to becoming a successful gambler.

Well Technical Analysis is exactly for what you say it is. Trying to predict the price of a coin. Doesn't mean it works 100% of the time, but the aim is to try to predict it using the charts, sometimes you are right and sometimes you are wrong. Claim is that, if you do TA very well, then you should be able to make a decent amount of money from it.

Bots do bring in profit to some people, but they need to know about chart reading and TA to arrange the bot in a way that they would trade. I am once again not saying that this is a 100% foolproof method, of course you could lose money even if you know these very well, but you could lower the chance of losing money if you are good at it, because they do tell you a story and you could make some money with them if you know how to read them.

[Mpamaegbu]

Do you think non traders exaggerate about the difficulties in trading or it is hyped too much by people who are already traders? Or do you think it is not a hype, that trading is actually something very difficult?

Nope, it's not hype. It's reality. Trading isn't an easy skill to acquire. Why should it be easy when it's something that can put food on someone's table for life if acquired. People say it's the hardest way of making the easiest money. I believe that to be true. To be successful at trading, one has to put in the works and burn the midnight candle. Everything that's worth something doesn't come easy. That's how trading is. The good news though is that perseverance usually pays off learning it. Sadly, not many want to stick around and perserve.

[milewilda]

Most people, new traders and old are mostly talking about how difficult trading can be, the emphasis on the difficulty has discouraged some people from wanting to even consider becoming a trader.

Do you think non traders exaggerate about the difficulties in trading or it is hyped too much by people who are already traders? Or do you think it is not a hype, that trading is actually something very difficult?

Trading is difficult because is there any way to predict the price of the coin? I think that there isn't, there isn't a formula that tells you how to predict the price. I think that trading is mostly based on luck and not on skill. If it was a skill, then a simple math formulas would help. Chess is a skill based game and computer can always beat you because it can calculate all the possible moves and outcomes. If trading was a skill based game, then bots would bring the profit but that doesn't happen. I don't want to say that trading is purely based on luck, no, you really need some skill but mostly, it's based on luck. To my mind, becoming a successful trader is similar to becoming a successful gambler.

Well Technical Analysis is exactly for what you say it is. Trying to predict the price of a coin. Doesn't mean it works 100% of the time, but the aim is to try to predict it using the charts, sometimes you are right and sometimes you are wrong. Claim is that, if you do TA very well, then you should be able to make a decent amount of money from it.

Bots do bring in profit to some people, but they need to know about chart reading and TA to arrange the bot in a way that they would trade. I am once again not saying that this is a 100% foolproof method, of course you could lose money even if you know these very well, but you could lower the chance of losing money if you are good at it, because they do tell you a story and you could make some money with them if you know how to read them.

There's no such thing about precision when it comes to trading on which no matter how you do apply that technical analysis but still it wont really be giving out that 100% assurance on hitting up that right prediction on where prices would go, but somehow this will really be the most common thing that would really be used at the time that you do make trading because how you would be that able to deal up with volatile space if you arent that making using up these tools? Come to think that even if we do say on trying to make use of fundamentals will really be that suffice, on which we know that not all the  time this market will really be having those news and sentiments on which means that most of the time you will be basing up on technical approach. Its really that important that you do really know up these things on which whether you do like it or not then you will definitely be making use of this rather than on making up some blind trades or having no any basis with this. Trading is difficult and this is something a skills that you wont really be able to learn in a short time period on which it will really be that causing up that kind of impatience on which one will really be causing up that kind of taking actions on which it is really that out of your analysis on which means that losing condition will really be that happening. Experience would really be the best teacher as we do all know but its not something that all people will be able to absorb it out and this is why they would really be that quitting up in the end just beause they've seen that trading isnt really just that for them but actually it all matters about hard work and survival on this volatile space.