Failure is never final

[Mpamaegbu]

...that failure is never  final.

Winners don't quit and quitters don't win. It's as simple as that. No successful person on earth that didn't have a taste of failure. People succeed because they persevere. Nothing profitable is ever free or easy to achieve. If anyone offers such for free, ask them for the terms and condition. It's often a trap when that happens.

Prediction can sometimes favor you or fail you, because trading is also a game of luck...

Kindly scratch that and erase such a conception in your head. Trading is a profession, not a game.

[Bitsies02]

Failure is something we all should be expecting
Because some times in trading, coins can go up then we will make a profit and when the price of coins drop we experience something like failure.
In bitcoin trading we should expect success and failure atimes
Failing is not the end but how constant do you pick up after failing an attempt.
We should all be prepared for both when trading or buying a new coins.

[Iamgoat]

I guess new traders will learn a lot from this thread, because there are some new traders that are about to give up on trading base on their failure many times which is not the final, if only they can learn more to acquire more tactics to improve to become among the winning traders.

Indeed, they need to overcome that failure and take it as learning steps. If they are serious with their trading adventures they need to find ways to enhance their knowledge, it's not the end of their ventures if they know what they need next, but if they will lean on that experienced they may conclude that there's no future to them and they need to shift to another venture instead of continuing their quest to success inside trading.

Alot of newbies are just looking for a quick way to make some money and the first idea which comes to them most at times is they can achieve it through trading and without delay many of them try to learn the very few basic knowledges about the process and jump on it hoping to perform some magics. Unfortunately, then they face a few losses they begin to feel like trading is not for them but the truth is whenever you meet any experienced trader, they will tell you their own different experiences including the losses the newbie have experienced or even more. They will tell you losing at first does not mean you are bad at it but it means you still need to learn the ropes gradually and patiently. Every newbie is supposed to have this mentality of failing forward in the sense whenever they fail, instead of saying I failed they should just have it at the back of their minds they have learned a new skill or idea which is learning from their mistakes.

[mustapha67]

Sometimes, failure marks our beginning of success. Just like the topic says; "Failure is never final", it is important to understand that mistakes are accompanied by corrections, that is if we realized we have made a mistake, and have the zeal, or passion to correct it.

Failure is like making a wrong step when you take a journey. You may fall down due to a wrong step; falling down depicts failure, but that should not be the end of the the journey if you can stand up to you challenge; it is not a defeat, but challenge yet. It is when you failed to stand and continue that it becomes a defeat. Therefore, the topic is rightly stated. "Failure is never final"