Please Give up! If you notice trading is not for you.

[Lightmanalmani]

This post is not one that everybody will be happy to see.
A post that's telling traders to give up if trading does not favour them.
We all know there must be ups and down in this trading business, but a post motivating beginners or traders not to quit will be better than this one thats telling you to quit if it's not favouring you.
In as much as a trader has seen someone doing well in the trading business,I think he or she will find it more difficult to stop because he has seen the benefits of that thing he is being adviced to stop.
Therefore, Instead of the advice to stop when we all know that it will  be impossible,it is better to say yes,and keep going because it will definitely turn out good someday.

Thank you for your contribution but the idea is not to make any one happy or unhappy but to tell the truth because there are differences in our personalities as humans. If trading was a an easy financial freedom for everyone then everyone will be on it.

My opinion is that the early realization that this is not for you after several trials should make a wise individual have a rethink as to take a different path. The Individual's sanity and life is more of priority than emulating a different path out of excitement of its expected benefits. The individual can just invest in Bitcoin or other currencies and spare the stress of analysis.

[Lida93]

There are alot of preachings and sensitization about how one should be persistent in the journey of trading and not to give up.

Please my opinion is to take that advice with a pinch of salt because when you have spent years learning the skill of trading and it doesn't seem to go well for you, I advice you get some other skills that might work for you.

The idea of wasting money in funding accounts for years is totally a waste of time and resources. Please reconsider because trading is not the only means of earning a living. thank you

What kind of advise are you giving to those that are having difficult time in trading.g profitable? This is very absurd and I hope you change your thinking in case you have sunch kind of mentality. If others can strive and make it as profitable traders, why you they not try their best rather than. Thinking about giving up as traders.

Op message may be directed to those not making profit after some time in trading but the fowl part about his message is that he forgets that everyone has different years they spent developing trading skills before they started making profits. For some persons it could be 2 years, other could take 5 or more years before they get to start putting things right. So coming out straight to discourage people from venturing into trading is really bad.

[ndutndut]

There are alot of preachings and sensitization about how one should be persistent in the journey of trading and not to give up.

Please my opinion is to take that advice with a pinch of salt because when you have spent years learning the skill of trading and it doesn't seem to go well for you, I advice you get some other skills that might work for you.

The idea of wasting money in funding accounts for years is totally a waste of time and resources. Please reconsider because trading is not the only means of earning a living. thank you

What kind of advise are you giving to those that are having difficult time in trading.g profitable? This is very absurd and I hope you change your thinking in case you have sunch kind of mentality. If others can strive and make it as profitable traders, why you they not try their best rather than. Thinking about giving up as traders.

Op message may be directed to those not making profit after some time in trading but the fowl part about his message is that he forgets that everyone has different years they spent developing trading skills before they started making profits. For some persons it could be 2 years, other could take 5 or more years before they get to start putting things right. So coming out straight to discourage people from venturing into trading is really bad.

Yes, that's true. Every trader takes a different amount of time to succeed; some take a short time, while others take a long time to succeed. Giving up might not be the right word, especially if you've already been involved in trading. It's more appropriate to pause and evaluate everything while continuing to deepen your trading knowledge. If you do trading well and correctly, I believe there's time for us to achieve profits.

Furthermore, I think all traders experience losses at the beginning, and some even consider quitting. However, as they continue to evaluate, improve, change their mindset, and their strategy ultimately succeeds. Trading can't be rushed; everything takes a process, and that process must be done correctly. So, when you have entered the world of trading, giving up is not the right decision, in my opinion, it is even a very bad decision, as you said.

[ChocolateBitcoinK]

There are alot of preachings and sensitization about how one should be persistent in the journey of trading and not to give up.

Please my opinion is to take that advice with a pinch of salt because when you have spent years learning the skill of trading and it doesn't seem to go well for you, I advice you get some other skills that might work for you.

The idea of wasting money in funding accounts for years is totally a waste of time and resources. Please reconsider because trading is not the only means of earning a living. thank you

What kind of advise are you giving to those that are having difficult time in trading.g profitable? This is very absurd and I hope you change your thinking in case you have sunch kind of mentality. If others can strive and make it as profitable traders, why you they not try their best rather than. Thinking about giving up as traders.

Op message may be directed to those not making profit after some time in trading but the fowl part about his message is that he forgets that everyone has different years they spent developing trading skills before they started making profits. For some persons it could be 2 years, other could take 5 or more years before they get to start putting things right. So coming out straight to discourage people from venturing into trading is really bad.

Yes, that's true. Every trader takes a different amount of time to succeed; some take a short time, while others take a long time to succeed. Giving up might not be the right word, especially if you've already been involved in trading. It's more appropriate to pause and evaluate everything while continuing to deepen your trading knowledge. If you do trading well and correctly, I believe there's time for us to achieve profits.

Furthermore, I think all traders experience losses at the beginning, and some even consider quitting. However, as they continue to evaluate, improve, change their mindset, and their strategy ultimately succeeds. Trading can't be rushed; everything takes a process, and that process must be done correctly. So, when you have entered the world of trading, giving up is not the right decision, in my opinion, it is even a very bad decision, as you said.

I agree with you, trading is a subject where deep knowledge and skills are required and depending on these you can achieve success, but acquiring this knowledge and skills is not a matter of short time, it will definitely take a long time, and at first a new trader cannot become skilled, in the first situation he will have to face losses naturally, and he will have to learn more deeply from that loss, when a new trader sees every loss as a new way to learn, then at some point he will definitely be able to master himself here. So, one should never be discouraged by all the natural losses that will happen in the first situation, but one should learn more deeply from them, and one should keep trying with patience, then at some point he will definitely be able to succeed, but if you give up here, you will be deprived of its success.

[Alpen]

There are alot of preachings and sensitization about how one should be persistent in the journey of trading and not to give up.

Please my opinion is to take that advice with a pinch of salt because when you have spent years learning the skill of trading and it doesn't seem to go well for you, I advice you get some other skills that might work for you.

The idea of wasting money in funding accounts for years is totally a waste of time and resources. Please reconsider because trading is not the only means of earning a living. thank you

Giving up isn't necessary if you follow a few simple rules. First, the trend is your friend: never open short positions, only long ones. Second, trade without leverage.

Let's say you bought Bitcoin and you're at a loss. Just hold that position; it will eventually turn a profit. Save up some money and start trading again. Even if your second position also gets stuck at a loss, it's not a big deal. You'll simply be following a DCA (Dollar-Cost Averaging) strategy.

The main thing to remember is that all your losing positions will eventually become profitable, giving you time to practice various trading strategies.

[milewilda]

There are alot of preachings and sensitization about how one should be persistent in the journey of trading and not to give up.

Please my opinion is to take that advice with a pinch of salt because when you have spent years learning the skill of trading and it doesn't seem to go well for you, I advice you get some other skills that might work for you.

The idea of wasting money in funding accounts for years is totally a waste of time and resources. Please reconsider because trading is not the only means of earning a living. thank you

What kind of advise are you giving to those that are having difficult time in trading.g profitable? This is very absurd and I hope you change your thinking in case you have sunch kind of mentality. If others can strive and make it as profitable traders, why you they not try their best rather than. Thinking about giving up as traders.

Op message may be directed to those not making profit after some time in trading but the fowl part about his message is that he forgets that everyone has different years they spent developing trading skills before they started making profits. For some persons it could be 2 years, other could take 5 or more years before they get to start putting things right. So coming out straight to discourage people from venturing into trading is really bad.

Yes, that's true. Every trader takes a different amount of time to succeed; some take a short time, while others take a long time to succeed. Giving up might not be the right word, especially if you've already been involved in trading. It's more appropriate to pause and evaluate everything while continuing to deepen your trading knowledge. If you do trading well and correctly, I believe there's time for us to achieve profits.

Furthermore, I think all traders experience losses at the beginning, and some even consider quitting. However, as they continue to evaluate, improve, change their mindset, and their strategy ultimately succeeds. Trading can't be rushed; everything takes a process, and that process must be done correctly. So, when you have entered the world of trading, giving up is not the right decision, in my opinion, it is even a very bad decision, as you said.

I agree with you, trading is a subject where deep knowledge and skills are required and depending on these you can achieve success, but acquiring this knowledge and skills is not a matter of short time, it will definitely take a long time, and at first a new trader cannot become skilled, in the first situation he will have to face losses naturally, and he will have to learn more deeply from that loss, when a new trader sees every loss as a new way to learn, then at some point he will definitely be able to master himself here. So, one should never be discouraged by all the natural losses that will happen in the first situation, but one should learn more deeply from them, and one should keep trying with patience, then at some point he will definitely be able to succeed, but if you give up here, you will be deprived of its success.

You would be needing up to be that having the knowledge and the skills when dealing up with the market on which you cant just that make yourself dive in with trading without proper preparation. You would be needing that sufficient step for you to analyze things on whatever the things that you would be able to encounter along the way and not just that making yourself that dealing up with it without any analysis or idea on what yo uare that doing. Mistakes are normal but it doesnt mean that you wouldnt be that trying out to lessen up that risks. Its the most important approach and something that you must consider for you to sustain yourself into this unpredictable space. Its true on what other people been saying that if you do find yourself having no progress or your do keep on losing money despite of the hardwork you've been doing and on the adjustments that been applied but still you do end up on losing then it i just time that you should be quitting and look for another career. There are just that things that arent meant for us no matter how hard we do try. There would be just that those times that we do become that too impulsive and emotional on which we do become a gambler instead of a trader.

[Baki202]

I also totally agree with this. People think trading can be an easy way to make money but this is not the case for most traders. Any trader that has been trading for like a year or two but still losing, such person should better stop trading.

I always post that trading is not gambling but it is very risky like gambling.

People always underestimated trading because they sometimes think  that they will be able make money from easily it is more difficult than they think, because you have to go to another school learning how to trade because the number one rule is for the interested person to go for knowledge first because the moment you don't learn first it is just another waste of time.

Because people are trading because they want to make money but when it comes to the sacrifice to be paid they don't even pay attention and that is why I like what you said that gambling is not for everyone and there are people that have wasted good money and it's good that they did not give up but there is another reason they should not give up but rather they should look for were the mistake is and from there mistake they will have more experience because from mistakes comes lesson. People like to compare the two trading and gambling and the thing is you can not use both psychology to to trade even if they are both risky.

[tygeade]

If you don't know something, you must learn it. It may be difficult to set it up, but if someone pays attention, then it will not be difficult to implement it. There are many who have lost a lot of money by trading, but there are some of them who have sacrificed a lot to learn trading and today they can be called successful. To achieve proficiency in a subject, one has to stick to that subject. I think this is a simple process to achieve something. But if you are afraid of any particular area and stay away, then it is never possible to achieve proficiency in that particular subject. If you can learn trading regularly and start trading with a small amount, then learning trading will not be difficult.

Yeah, yours is definitely better approach. Just because you are not good at something, doesn't mean you should stop, nobody is good at something on the first day, it takes time to get good at something and if you do a fine job then you will get a better result. It's clear that we are not going to get a better result all that easily, because we are not going to get a better result that simple. We should focus on how to get a better result by learning and keep improving. Experience is also a great teacher, plenty of people make a lot of money from the moment they start.

We need to realize this isn't easy and you can't make it happen, it just doesn't work. For it to work and be better, we need to realize things aren't always that easy and you can't give up as soon as it becomes hard.

[bitgolden]

You would be needing up that understanding or else then you are just that basically throwing your money in the water. We do know that when it comes to trading then you would be dealing up with a very unpredictable market on which you would be needing up to be wise and be knowledgeable into the things that you've been that dealing on with. You cant just that dive in without having that proper preparations because at the time or moment that you've beecome that too confident or being rushing up on making up decisions, then you will find yourself having those tons of mistakes and errors on which it will be that causing for you to lose money.

Throwing money in the water seems like a good way of explaining it. But even then, if you are quick enough, you could get it out and dry it, with trading, if you have no idea what you are doing, you are burning it. That is basically why we have "burning" in the crypto as a mechanism, to get rid of some of the money, and when that happens, it's true that it's very valuable.

Not really sure how much of everything is burned, but CMC doesn't calculate it much, they don't really make it obvious, so we d onto really know. But in reality, I am sure a lot of bitcoins are burned, and price per bitcoin should be higher. Trading is difficult for people who are not in love with it and only doing it for money, I still support that thesis.

[Fiatless]

Op message may be directed to those not making profit after some time in trading but the fowl part about his message is that he forgets that everyone has different years they spent developing trading skills before they started making profits. For some persons it could be 2 years, other could take 5 or more years before they get to start putting things right. So coming out straight to discourage people from venturing into trading is really bad.

I share your thoughts @Lida. OP's advice might sound correct but it's not totally true. There is I no generally acceptable duration that one should trade before he would conclude to quit or continue. We have heard motivational stories of people who failed in a field for many years. But they were determined to succeed and at the end they achieved great things. This message could discourage someone who might be destined for success in trading.

But for those who have refused to keep learning and upgrading their trading skills, they should consider leaving. This is because this field requires constant learning.

[Hyphen(-)]

Please my opinion is to take that advice with a pinch of salt because when you have spent years learning the skill of trading and it doesn't seem to go well for you, I advice you get some other skills that might work for you.

If you have been learning well for a year or two years, you should have a very good strategy for yourself that will help you minimize your losses in most trades you will have, but if you didn’t learn well, there is no way you can stop losing money to trading. Some people are just there trading without knowledge and experience despite the time they took in learning some analysis; these people are always greedy and don’t learn from experience, and they should be the people to quit trading because it is surely not for them.

The idea of wasting money in funding accounts for years is totally a waste of time and resources. Please reconsider because trading is not the only means of earning a living. thank you

If you can learn well and understand the basic concept of trading, both the technical and fundamental analysis, you can keep trying; but if you noticed that you are not understanding anything about trading, stop wasting money; you should rather invest in Bitcoin.

[irhact]

The idea of wasting money in funding accounts for years is totally a waste of time and resources. Please reconsider because trading is not the only means of earning a living. thank you

What about the advice that if it isn't working for you now that you shouldn't quit but Keep trying and one day you'll get success. If everybody that was trying and not make it gave up when they were in that stage, we won't be having lots of rich people in the world. It's only when you don't have an interest in gambling but only doing it because you want to make quick money that you should quit if things aren't working for you. There isn't any professional trader that started from knowing it all. They all has times that it wasn't going smoothly for them but they didn't give up and that's why they're now known in the industry as big traders. Trading is a journey and it takes time before you get to your destination.

[HistoLock]

I also totally agree with this. People think trading can be an easy way to make money but this is not the case for most traders. Any trader that has been trading for like a year or two but still losing, such person should better stop trading.

I always post that trading is not gambling but it is very risky like gambling.

You have said something important, many people think that trading is easy and that it is possible to become rich within a few days. But the real truth is that trading is not an easy thing at all, it requires a lot of skill and risk. If someone trades for a short time and takes risks without analyzing it well, then it is not right for him to trade. Making money from trading may seem easy to you, but it is very risky. So I say if you cannot afford to take risks, then trading is not for you.

[BitBakerr1]

I also totally agree with this. People think trading can be an easy way to make money but this is not the case for most traders. Any trader that has been trading for like a year or two but still losing, such person should better stop trading.

I always post that trading is not gambling but it is very risky like gambling.

You have said something important, many people think that trading is easy and that it is possible to become rich within a few days. But the real truth is that trading is not an easy thing at all, it requires a lot of skill and risk. If someone trades for a short time and takes risks without analyzing it well, then it is not right for him to trade. Making money from trading may seem easy to you, but it is very risky. So I say if you cannot afford to take risks, then trading is not for you.

You are right some people feel that trading is so easy and that you can become wealthy if you start trading which is not correct, trading is difficult and very risky if you are not careful as a trader you will lose a lot of money and you will even be in debt, I always advise that if you want to trade use only your Discretionary income to trade so that it won't affect you financially when you lose, I have a friend that went into trading just because he saw an advert on Facebook that you can become very rich through trading he decided to start and when he did he started losing a lot of money and he stop trading.
Before you start trading you need to learn it very well keep an open mind when learning it don't allow money to be your focus at first try to know how it works when you do then you can be making money but if you carry the intention of making money first then it will cost you a problem of financial loss trading is not easy so you need to be very patient and consistent when trading, and lastly just as you said HistoLock if you cannot take risk then don't go into trading.

[pawanjain]

There are alot of preachings and sensitization about how one should be persistent in the journey of trading and not to give up.

Please my opinion is to take that advice with a pinch of salt because when you have spent years learning the skill of trading and it doesn't seem to go well for you, I advice you get some other skills that might work for you.

The idea of wasting money in funding accounts for years is totally a waste of time and resources. Please reconsider because trading is not the only means of earning a living. thank you

You spoke my hear out to be honest. Over the years, I have been trying to trade and have been successful to hit some good trades but overall my trading journey was not that great.
I have made losses and if we see the total of all my trades then I would be in a net loss. I have accepted the fact that trading is not for me.
I am pretty good at holding and so I believe I am good at long term investment and that has given me pretty good returns.
This is why I give up trading and prefer to hold my coins.

[Princesslelee96]

I also totally agree with this. People think trading can be an easy way to make money but this is not the case for most traders. Any trader that has been trading for like a year or two but still losing, such person should better stop trading.

I always post that trading is not gambling but it is very risky like gambling.

You have said something important, many people think that trading is easy and that it is possible to become rich within a few days. But the real truth is that trading is not an easy thing at all, it requires a lot of skill and risk. If someone trades for a short time and takes risks without analyzing it well, then it is not right for him to trade. Making money from trading may seem easy to you, but it is very risky. So I say if you cannot afford to take risks, then trading is not for you.

You are right some people feel that trading is so easy and that you can become wealthy if you start trading which is not correct, trading is difficult and very risky if you are not careful as a trader you will lose a lot of money and you will even be in debt, I always advise that if you want to trade use only your Discretionary income to trade so that it won't affect you financially when you lose, I have a friend that went into trading just because he saw an advert on Facebook that you can become very rich through trading he decided to start and when he did he started losing a lot of money and he stop trading.
Before you start trading you need to learn it very well keep an open mind when learning it don't allow money to be your focus at first try to know how it works when you do then you can be making money but if you carry the intention of making money first then it will cost you a problem of financial loss trading is not easy so you need to be very patient and consistent when trading, and lastly just as you said HistoLock if you cannot take risk then don't go into trading.

Do you know that some persons can just view a trader and all his assets and just wanted to go into trading as well, so funny,  been well established is even better than been broke before embarking into trading and also not putting all you have got in it if not you will be shattered and frustrated

[Mame89]

The idea of wasting money in funding accounts for years is totally a waste of time and resources. Please reconsider because trading is not the only means of earning a living. thank you

What about the advice that if it isn't working for you now that you shouldn't quit but Keep trying and one day you'll get success. If everybody that was trying and not make it gave up when they were in that stage, we won't be having lots of rich people in the world. It's only when you don't have an interest in gambling but only doing it because you want to make quick money that you should quit if things aren't working for you. There isn't any professional trader that started from knowing it all. They all has times that it wasn't going smoothly for them but they didn't give up and that's why they're now known in the industry as big traders. Trading is a journey and it takes time before you get to your destination.

I agree with you. Actually, quitting trading can also be recommended if someone truly can't understand trading properly, even though they've studied continuously and invested a lot of time, but they still don't understand, resulting in continuous losses. This is real and happens frequently. Some people are like this; no matter how much time they spend trading, they still fail to understand it. That's why many say trading isn't suitable for everyone. If they have a slow mind when it comes to understanding technology, especially crypto, then giving up is the right choice.

However, if they're just a beginner and often lose, but they haven't gone through the process and time, it's better not to give up; they should learn more about understanding trading properly so that they can gradually improve their trading activities. Because success in trading takes time and a process, and if the process and time haven't been completed, giving up isn't the right choice.

[dunfida]

I also totally agree with this. People think trading can be an easy way to make money but this is not the case for most traders. Any trader that has been trading for like a year or two but still losing, such person should better stop trading.

I always post that trading is not gambling but it is very risky like gambling.

You have said something important, many people think that trading is easy and that it is possible to become rich within a few days. But the real truth is that trading is not an easy thing at all, it requires a lot of skill and risk. If someone trades for a short time and takes risks without analyzing it well, then it is not right for him to trade. Making money from trading may seem easy to you, but it is very risky. So I say if you cannot afford to take risks, then trading is not for you.

You are right some people feel that trading is so easy and that you can become wealthy if you start trading which is not correct, trading is difficult and very risky if you are not careful as a trader you will lose a lot of money and you will even be in debt, I always advise that if you want to trade use only your Discretionary income to trade so that it won't affect you financially when you lose, I have a friend that went into trading just because he saw an advert on Facebook that you can become very rich through trading he decided to start and when he did he started losing a lot of money and he stop trading.
Before you start trading you need to learn it very well keep an open mind when learning it don't allow money to be your focus at first try to know how it works when you do then you can be making money but if you carry the intention of making money first then it will cost you a problem of financial loss trading is not easy so you need to be very patient and consistent when trading, and lastly just as you said HistoLock if you cannot take risk then don't go into trading.

Do you know that some persons can just view a trader and all his assets and just wanted to go into trading as well, so funny,  been well established is even better than been broke before embarking into trading and also not putting all you have got in it if not you will be shattered and frustrated

Lessons could be learnt up in the end or its always been on the later part on which outcomes and results would be basing up on how you do deal up with things accordingly and since we are speaking about trading then this could actually a skill that could be able to changed up your life completely on which this is where most noobs do have that impression that this is something which is that very easy to obtain or achieved. On the moment that they would be dealing up with trading then they would be having all of those positivity not until on the time that they would be experiencing out on how this reality works then they would be starting out to realize that it was never been easy and it would never be. You would be able to have those realizations that its not something a skill that you can be able to learn in a short period of time. You would be needing up tons of time and effort to be put up before you can have a good grasps into it.

Just like on what most people been saying on here that there are things on which arent that meant for us no matter what we do and thats why its important that you would be making out those realizations first before you would be able to find yourself that being wrecked up all way through down. Be sensible into the situation and look up for the possible ways that you could be able to get away and deal up with another career.

[Maslate]

This isn’t a negative implication, but a positive one. In fact, if you give up on something that you aren’t fitted to, hence you are opening an opportunity for something that might suit for you this time, whether it’s buying or hodling alone, that’s actually fine because you’ll get the same profits in time as long as you chose to become a reliable and patient investor.

Trading is certainly not easy but a very risky one, so think a thousand times if you want to enter trading or settle with a less risky and less stressful crypto activity.

[Fredomago]

The idea of wasting money in funding accounts for years is totally a waste of time and resources. Please reconsider because trading is not the only means of earning a living. thank you

What about the advice that if it isn't working for you now that you shouldn't quit but Keep trying and one day you'll get success. If everybody that was trying and not make it gave up when they were in that stage, we won't be having lots of rich people in the world. It's only when you don't have an interest in gambling but only doing it because you want to make quick money that you should quit if things aren't working for you. There isn't any professional trader that started from knowing it all. They all has times that it wasn't going smoothly for them but they didn't give up and that's why they're now known in the industry as big traders. Trading is a journey and it takes time before you get to your destination.

Yes, there are many different stories about success and part of that successful journey are those tough days that a trader experienced before they managed to figure out what's fits for them in terms of handling pressures and failures, once they overcome those kinds of interruptions they'll be able to stand up and make a better decisions, though it's always up to the person itself whether to push forward, or simply give up if he feels that there's nothing more if the outcome still the same.