Trading blindly

[Rockstarguy]

Do we all know that most of the real causes of losing in trading is because some traders have little or no knowledge on trading or what they are doing in the market, they just enter a trade blindly hoping it goes their way, and when it starts going against them they start praying.

Exactly trading is being misinterpreted by so many such that they go in with different mindset and hope for a successful trades in the end which is most likely not going to happen. Having full knowledge about the subject you're going into matters in giving you a profitable results in the long run which is why one needs to exercise patience when getting involve with trading.

The problem is that people feel they can make money quickly from trading. Greed and laziness make this set of people not even do any research to know what trading is all about.

The truth is that trading is difficult, and those who don't even learn about trading find it difficult to trade well and achieve better results. It is very risky for those who don't have any knowledge of trading to enter the market because it will definitely not end well. Trading requires real knowledge, and no one excels in it just by luck.

[Wakate]

Exactly trading is being misinterpreted by so many such that they go in with different mindset and hope for a successful trades in the end which is most likely not going to happen. Having full knowledge about the subject you're going into matters in giving you a profitable results in the long run which is why one needs to exercise patience when getting involve with trading.

The problem is that people feel they can make money quickly from trading. Greed and laziness make this set of people not even do any research to know what trading is all about.

The truth is that trading is difficult, and those who don't even learn about trading find it difficult to trade well and achieve better results. It is very risky for those who don't have any knowledge of trading to enter the market because it will definitely not end well. Trading requires real knowledge, and no one excels in it just by luck.

I love the fact that you are able to emphasize on how difficult trading could be and many traders or upcoming ones should know what they are going so in the future they don't keep complaining about continues lose of fund due to the trading.  Greed and and laziness has been one of the reason why many traders are not making it. Trading is actually for those that have the mindset less emotion about the market.
If we want to make money from the market, we ought to ensure that we keep doing the right thing that will attract more winnings to us without doing too much by trying too hard to make money from the market. Everybody wants to make money from the market but they are still confused about how many influencers tend to make trading easy so they can attract more traders in the market.

[Lida93]

Exactly trading is being misinterpreted by so many such that they go in with different mindset and hope for a successful trades in the end which is most likely not going to happen. Having full knowledge about the subject you're going into matters in giving you a profitable results in the long run which is why one needs to exercise patience when getting involve with trading.

The problem is that people feel they can make money quickly from trading. Greed and laziness make this set of people not even do any research to know what trading is all about.

The truth is that trading is difficult, and those who don't even learn about trading find it difficult to trade well and achieve better results. It is very risky for those who don't have any knowledge of trading to enter the market because it will definitely not end well. Trading requires real knowledge, and no one excels in it just by luck.

I love the fact that you are able to emphasize on how difficult trading could be and many traders or upcoming ones should know what they are going so in the future they don't keep complaining about continues lose of fund due to the trading.  Greed and and laziness has been one of the reason why many traders are not making it. Trading is actually for those that have the mindset less emotion about the market.
If we want to make money from the market, we ought to ensure that we keep doing the right thing that will attract more winnings to us without doing too much by trying too hard to make money from the market. Everybody wants to make money from the market but they are still confused about how many influencers tend to make trading easy so they can attract more traders in the market.

Perhaps if people starts to lay emphasis on how difficult trading could be it might help change the misconceptualize narrative that has been spread around that easy money could be made from trading. Because this is why we see newbies after learning one or two strategies within a month through a YouTube blog and then practicing the strategy on demo, they just believe that that's how it's going to result with live trade. And they get to blow their account at a go.

[YOSHIE]

Trading blindly

That is clear, trading in the crypto market is not as easy as turning the palm of the respondent, what more trading activities are carried out blindly, it will cause them to bear a lot of losses, other reasons for trade emotionally.

It is necessary to understand it takes a long time for someone to learn and understand trading carefully, for that do not be rash in doing trade and need real guidance before doing trade, Trading risks will occur when we do it no matter what methods do, spots, margin, futures are all at risk of understanding trade carefully in order to achieve good results.

[SATWAT]

Perhaps if people starts to lay emphasis on how difficult trading could be it might help change the misconceptualize narrative that has been spread around that easy money could be made from trading. Because this is why we see newbies after learning one or two strategies within a month through a YouTube blog and then practicing the strategy on demo, they just believe that that's how it's going to result with live trade. And they get to blow their account at a go.

It's not that easy to explain to people about difficulties of trading and negative consequences which can give them setback because most of the peoples those enter into trading and never think about all aspects of this want to be rich quickly.
Social media and YouTube vloggers are making things more troubling because they are looking for more followers, and they are also looking for peoples those invested into their sponsored projects which give them more money but due to these things society is losing its dignity.
Trading has never been easy for everyone here before entry always needed to be done good work and also have some good understanding of risk management and positive and negatives of blind trading because without this no one can take success.

[_BlackStar]

-snip-

That is clear, trading in the crypto market is not as easy as turning the palm of the respondent, what more trading activities are carried out blindly, it will cause them to bear a lot of losses, other reasons for trade emotionally.

It is necessary to understand it takes a long time for someone to learn and understand trading carefully, for that do not be rash in doing trade and need real guidance before doing trade, Trading risks will occur when we do it no matter what methods do, spots, margin, futures are all at risk of understanding trade carefully in order to achieve good results.

Blind trading - it's a kind of gambling. They are gambling with price volatility and usually this can be done in futures trading. Traders aim for short-term profits with high leverage - not done with high capital, but with just a few dollars. If you are a binance user - check out the square section, there are many future traders doing it on a low budget.

[Mahanton]

Exactly trading is being misinterpreted by so many such that they go in with different mindset and hope for a successful trades in the end which is most likely not going to happen. Having full knowledge about the subject you're going into matters in giving you a profitable results in the long run which is why one needs to exercise patience when getting involve with trading.

The problem is that people feel they can make money quickly from trading. Greed and laziness make this set of people not even do any research to know what trading is all about.

The truth is that trading is difficult, and those who don't even learn about trading find it difficult to trade well and achieve better results. It is very risky for those who don't have any knowledge of trading to enter the market because it will definitely not end well. Trading requires real knowledge, and no one excels in it just by luck.

I love the fact that you are able to emphasize on how difficult trading could be and many traders or upcoming ones should know what they are going so in the future they don't keep complaining about continues lose of fund due to the trading.  Greed and and laziness has been one of the reason why many traders are not making it. Trading is actually for those that have the mindset less emotion about the market.
If we want to make money from the market, we ought to ensure that we keep doing the right thing that will attract more winnings to us without doing too much by trying too hard to make money from the market. Everybody wants to make money from the market but they are still confused about how many influencers tend to make trading easy so they can attract more traders in the market.

Perhaps if people starts to lay emphasis on how difficult trading could be it might help change the misconceptualize narrative that has been spread around that easy money could be made from trading. Because this is why we see newbies after learning one or two strategies within a month through a YouTube blog and then practicing the strategy on demo, they just believe that that's how it's going to result with live trade. And they get to blow their account at a go.

Realization would always be that kicking out in the end of the line on which its normal specially when you are just that new then it would be that understandable that you are that prone into tons of mistakes and when it comes to emotions then you would be that still highly impulsive or reactive specially when it comes on losing trades or simply when you are losing money. There are those times or moments that you do become that too optimistic that you can easily make money with trading but on the moment that you do step your foot into this volatile space then you would be able to make out those realizations that it was never been that easy. Speaking about trading blindly then this would be pertaining into those actions that considered out on not to apply any analysis or even just that simply sticking into those technical ones and making up some entries and exits without any basis. You can consider yourself on doing gambling in that case or with having those kind of actions on which it shouldnt be supposedly be done at the time that you do play gambling. There are those times or conditions that you do become that optimistic at the moment that you can make easy money with having those random trading entries and exits. If you do continue to trade blindly then you are just that basically doing trading in gambling way on which its not ideal on any case. It would be just that too impossible that you cant be able to determine out on what are the things that you've been doing. You cant just that tolerate yourself on making bad trades and keep on losing money. Its never been that good and never been give out that good feeling. Dont make yourself as a gambler because as a trader then we are talking about sustainability on here and not just that trying out to burn money on purpose.

[I_Anime]

Do we all know that most of the real causes of losing in trading is because some traders have little or no knowledge on trading or what they are doing in the market, they just enter a trade blindly hoping it goes their way, and when it starts going against them they start praying.

I have seen someone shorting a trade because he felt that the market has bought for a very long time, and when he did that, he was liquidated of the $30 he used in that trade because he didn't even know how or where to set his stop loss, so trading blindly is one major factors that cause losing in the market this days because when you know what you are doing, even if the market is going against you, you wouldn't panic as long as you use an amount you are willing to lose.

That’s one of the worse method of trading, but can’t blame them though most folks usually have the mindset that trading all about buying when is low and selling when is high . Not knowing that just the basic trading is far deeper than that , that one will require some technical analysis in order to have some edge In trading, and also need a certain strategy to keep to while trading .

[Leahized]

That’s one of the worse method of trading, but can’t blame them though most folks usually have the mindset that trading all about buying when is low and selling when is high . Not knowing that just the basic trading is far deeper than that , that one will require some technical analysis in order to have some edge In trading, and also need a certain strategy to keep to while trading .

In my opinion, those who come to trading also have some ideas about the trade. Their problem is that just as the trade starts to the opposite, and they are suffering from losses immediately. However, I will never blame this thinking trend because those who are new to the trade make such a mistake. But they should gain all the knowledge about the trade and then start then they will get benefits. What you are saying, token or coins are low if the price is low and sells if the price is high. This is usually effective for Spot Trade so it is best to invest. However, Future Trade This is different because there is a lot to learn here. Such as: Liquidity, Leverage, Stop Loss, Long, Short and analysis etc .

[Wakate]

I love the fact that you are able to emphasize on how difficult trading could be and many traders or upcoming ones should know what they are going so in the future they don't keep complaining about continues lose of fund due to the trading.  Greed and and laziness has been one of the reason why many traders are not making it. Trading is actually for those that have the mindset less emotion about the market.
If we want to make money from the market, we ought to ensure that we keep doing the right thing that will attract more winnings to us without doing too much by trying too hard to make money from the market. Everybody wants to make money from the market but they are still confused about how many influencers tend to make trading easy so they can attract more traders in the market.

Perhaps if people starts to lay emphasis on how difficult trading could be it might help change the misconceptualize narrative that has been spread around that easy money could be made from trading. Because this is why we see newbies after learning one or two strategies within a month through a YouTube blog and then practicing the strategy on demo, they just believe that that's how it's going to result with live trade. And they get to blow their account at a go.

Those that think thinking is fun and they can continue making money from it just like they have been seeing in the Internet where so making traders are claiming to be making fast profits from the market. Anyone that follows this lies would end up losing more money from the crypto market.

Trading is very risky but those that are longing to learn how to trade might be thinking that immediately they learn the art of trading, they would start making fast profits from the crypto market. This is false and many people that are still having the zeal to learn about trading to do that in their own in interest. We are so many traders in the market but we have less profitable ones in the crypto market while many keeps lies about their results.

[Negotiation]

That’s one of the worse method of trading, but can’t blame them though most folks usually have the mindset that trading all about buying when is low and selling when is high . Not knowing that just the basic trading is far deeper than that , that one will require some technical analysis in order to have some edge In trading, and also need a certain strategy to keep to while trading .

In my opinion, those who come to trading also have some ideas about the trade. Their problem is that just as the trade starts to the opposite, and they are suffering from losses immediately. However, I will never blame this thinking trend because those who are new to the trade make such a mistake. But they should gain all the knowledge about the trade and then start then they will get benefits. What you are saying, token or coins are low if the price is low and sells if the price is high. This is usually effective for Spot Trade so it is best to invest. However, Future Trade This is different because there is a lot to learn here. Such as: Liquidity, Leverage, Stop Loss, Long, Short and analysis etc .

Your statement has captured the reality of trading very well trading especially futures trading, can be very challenging for beginners because it is not just a matter of buying and selling at a high price but it requires a lot of technical and mental preparation. To be successful in futures trading you need to understand both technical analysis and fundamental analysis. It is very important to analyze the market and make the right decisions. Therefore you should gain a thorough knowledge of each of these topics before getting into futures trading. Risk management and controlling emotions are also essential for success in futures trading.

[Eternad]

That’s one of the worse method of trading, but can’t blame them though most folks usually have the mindset that trading all about buying when is low and selling when is high . Not knowing that just the basic trading is far deeper than that , that one will require some technical analysis in order to have some edge In trading, and also need a certain strategy to keep to while trading .

In my opinion, those who come to trading also have some ideas about the trade. Their problem is that just as the trade starts to the opposite, and they are suffering from losses immediately. However, I will never blame this thinking trend because those who are new to the trade make such a mistake. But they should gain all the knowledge about the trade and then start then they will get benefits. What you are saying, token or coins are low if the price is low and sells if the price is high. This is usually effective for Spot Trade so it is best to invest. However, Future Trade This is different because there is a lot to learn here. Such as: Liquidity, Leverage, Stop Loss, Long, Short and analysis etc .

Your statement has captured the reality of trading very well trading especially futures trading, can be very challenging for beginners because it is not just a matter of buying and selling at a high price but it requires a lot of technical and mental preparation. To be successful in futures trading you need to understand both technical analysis and fundamental analysis. It is very important to analyze the market and make the right decisions. Therefore you should gain a thorough knowledge of each of these topics before getting into futures trading. Risk management and controlling emotions are also essential for success in futures trading.

Trading blindly is the same as gambling,  To begin with, a beginner should not even try futures trading. He should acquire a lot of experience first doing spot trading and learn enough knowledge and discipline there.

After some months if he can handle the stress of spot trading and manage to earn some profit with his skills then he can then dive into futures trading.

[moneystery]

Perhaps if people starts to lay emphasis on how difficult trading could be it might help change the misconceptualize narrative that has been spread around that easy money could be made from trading. Because this is why we see newbies after learning one or two strategies within a month through a YouTube blog and then practicing the strategy on demo, they just believe that that's how it's going to result with live trade. And they get to blow their account at a go.

that's why i never agree with influencers who say trading is easy, considering the reality, where only 10% of traders are successful, it means trading isn't as easy as it seems. it's much more difficult, and not everyone can succeed. however, these influencers don't really care about that fact, preferring to convey misleading opinions to their audiences just to gain more views for their videos or trading classes. if more beginners understood that trading is harder than it seems, there would be fewer people blowing up their accounts in a single trade.

[EarnOnVictor]

Do we all know that most of the real causes of losing in trading is because some traders have little or no knowledge on trading or what they are doing in the market, they just enter a trade blindly hoping it goes their way, and when it starts going against them they start praying.

Hahaha...But I disagree with you on this. Fine, some traders will surely fit in with what you described, but I tell you, most traders learn trading and fully understand it before they start trading. But trading, as it is, has its own spirit, so if you are not such who can handle your psychology very well, trading will mess you up, with or without having experience.

I've been trading for 2 decades, but I still have my low and challenging moments despite having so many working trading strategies.

[justdimin]

if you are not such who can handle your psychology very well, trading will mess you up, with or without having experience.

You simplified the vast requirement of trading in one word psychology, usually we do elaborate this as self-discipline, risk management and etc. Trading blindly do happens to anyone when you are not fully aware of market situation. Market dynamics are continuously changing and a trader must react to a change with their strategy or trading pair or by staying away, otherwise you will end up with a blind trade. A blind trade does not need to be ending in lose but mostly it will.

influencers don't really care about that fact, preferring to convey misleading opinions to their audiences just to gain more views for their videos or trading classes.

Anyone may get hyped due to an influencer because lots of traders do stream their live sessions these days. But the thing here is, you need to identify yourself about that you are fit for trading or not. Those influencers just introduce you about trading but you need to finalize about the learning of required skills and capital requirements. If anything not tick in your case, you should quit.

[348Judah]

Do we all know that most of the real causes of losing in trading is because some traders have little or no knowledge on trading or what they are doing in the market, they just enter a trade blindly hoping it goes their way, and when it starts going against them they start praying.

Trading is not what we can just batch into like that and expect it to work perfectly for us, some have been able to make profits by the way they are trading because they get the whole process right and can adapt to the required basics in making trades, while on the other vein, you can discover that some are only trying to trade when they lack the necessary information and knowledge in making trades.

[Shawheer Khan]

he was liquidated of the $30 he used in that trade because he didn't even know how or where to set his stop loss, so trading blindly is one major factors that cause losing in the market this days because when you know what you are doing, even if the market is going against you, you wouldn't panic as long as you use an amount you are willing to lose.

Knowledge about trading is Very important because it is very complex and risky. Your friend didnt lose that much But people lose thousands of dollars because they just go to the markets with little to no Knowledge about the market they dont even know how set a Stop loss and get liquidated.

If your friend knew how to set up a stop loss he would have lost lesser money and would have saved himself from losing All His "$30" dollars. There are Many people like him that lose money due to their lack of knowledge and in the end blame the markets and say things about the market even though they should blame themselves.

Trading is very Complex as i said and if you have proper knowledge, patience , a good backtested strategy with a good risk to Reward ratio and risk management only then you would have a chance of becoming profitable in the Long Run.

[Mame89]

Perhaps if people starts to lay emphasis on how difficult trading could be it might help change the misconceptualize narrative that has been spread around that easy money could be made from trading. Because this is why we see newbies after learning one or two strategies within a month through a YouTube blog and then practicing the strategy on demo, they just believe that that's how it's going to result with live trade. And they get to blow their account at a go.

that's why i never agree with influencers who say trading is easy, considering the reality, where only 10% of traders are successful, it means trading isn't as easy as it seems. it's much more difficult, and not everyone can succeed. however, these influencers don't really care about that fact, preferring to convey misleading opinions to their audiences just to gain more views for their videos or trading classes. if more beginners understood that trading is harder than it seems, there would be fewer people blowing up their accounts in a single trade.

Many beginners experience losses, primarily because they easily believe influencers who claim trading is simple and easy. Many of them even talk about their success without mentioning the risks they face. They're actually just chasing views, not proper education. This is a huge regret, especially since many beginners ultimately experience losses.

Trading is complex, and it will be very difficult if we don't learn through hands-on practice. In theory, trading is easy, buying low and selling high, but in reality, trading isn't as easy as we imagine. In trading, there are many things to learn, one of which is that we need to avoid rushing. Rushing, like ambition, can lead to losses. If you look deeper, behind that ambition lies fear. So, don't rush in trading, because everything has a process.

[Pandu Geddon]

Many beginners experience losses, primarily because they easily believe influencers who claim trading is simple and easy. Many of them even talk about their success without mentioning the risks they face. They're actually just chasing views, not proper education. This is a huge regret, especially since many beginners ultimately experience losses.

Trading is complex, and it will be very difficult if we don't learn through hands-on practice. In theory, trading is easy, buying low and selling high, but in reality, trading isn't as easy as we imagine. In trading, there are many things to learn, one of which is that we need to avoid rushing. Rushing, like ambition, can lead to losses. If you look deeper, behind that ambition lies fear. So, don't rush in trading, because everything has a process.

If there are influencers who create and share trading content and claim easy trading is definitely not to be followed, but for beginners, they will look for referral sources randomly. Ideally, beginners who want to learn to trade look for someone who can teach and explain things related to trading. With current technological advances, it is possible for beginners to learn by themselves, but the level of understanding of each person must be different. Those who find it difficult to learn by themselves, then finding someone to direct is not bad, rather than just relying on trading signals from uncertain channels.

[Mahanton]

Perhaps if people starts to lay emphasis on how difficult trading could be it might help change the misconceptualize narrative that has been spread around that easy money could be made from trading. Because this is why we see newbies after learning one or two strategies within a month through a YouTube blog and then practicing the strategy on demo, they just believe that that's how it's going to result with live trade. And they get to blow their account at a go.

that's why i never agree with influencers who say trading is easy, considering the reality, where only 10% of traders are successful, it means trading isn't as easy as it seems. it's much more difficult, and not everyone can succeed. however, these influencers don't really care about that fact, preferring to convey misleading opinions to their audiences just to gain more views for their videos or trading classes. if more beginners understood that trading is harder than it seems, there would be fewer people blowing up their accounts in a single trade.

Many beginners experience losses, primarily because they easily believe influencers who claim trading is simple and easy. Many of them even talk about their success without mentioning the risks they face. They're actually just chasing views, not proper education. This is a huge regret, especially since many beginners ultimately experience losses.

Trading is complex, and it will be very difficult if we don't learn through hands-on practice. In theory, trading is easy, buying low and selling high, but in reality, trading isn't as easy as we imagine. In trading, there are many things to learn, one of which is that we need to avoid rushing. Rushing, like ambition, can lead to losses. If you look deeper, behind that ambition lies fear. So, don't rush in trading, because everything has a process.

If you are a fan on following into those so called influencers and making up some decisions on trying out to follow their trades or those analysis then you are that bound into having that kind of regret later on, specially at the time with those trades are ended up on losing. Actually this can be considered on trading up blindly on which you cant be able to assure on whom you are following and also its that much more better that you would be having your own loss that came from with your own analysis rather than on losing money with someones else analysis. It would be that so regretful on this case and thats why its important that you should be wary into the things that you've been dealing on with. When you do hover yourself into trading field then you should be that mindful about into the risks which is that involved into and if you do want to make yourself to become a profitable and sustainable trader then you would be needing up to learn up the skills accordingly. You cant just that follow someone just because you've seen that they are racking up some wins or profits recently. Never ever in trading career on following someone when it comes into their trade recommendations. I might be that trying to look into their analysis and might be getting some idea or snipping out some of it if ever I do see for it to be considerable and then I would be that applying it into my own on which i can say that this is that much more ideal rather than on following blindly. Trading is something a skill that you cant just that make yourself that making up positions without any basis on which simply means that you would gonna need up to apply some analysis for you to be having that kind of advantage at least. There are just that those times that you do become impatient on what you are doing on which you've been that wanting that you can see those positive results on which if this happens then you would be that been that making up some positions without having that putting up that much analysis into it. You would be only realizing it at the time that you've been experiencing the worst.