Failure is never final

[Y3shot]

~Snip

Trading can't be predicted, and making a profit is not guaranteed at all times; losses will always occur. But even with all this, it is very important to learn trading very well because even if you lose as a trader, you can also make a profit in the next trade.

 For those who know what they are doing, at least they understand trading; even if there is a loss, it doesn't make one want to quit. However, I think a trader who is still getting the same results in trading over a long time should start all over to gain better knowledge. If one is not willing to start all over, it is better to quit trading because it makes no sense to waste money without any better results.

[mirakal]

In all life’s endeavors, once a person commits failure, that’s only a sign that he needs to grow and improve more so that success will be achieved later on. Trading is not an exception. There are more mistakes and losses at the beginning, but that won’t never tell us that trading is not meant for us, but rather failures are good motivation to keep us going and moving forward, to keep us learning something new that will bring new hopes and success the next time we trade.

Failure is never final, that’s why if you end up quitting when you experience failure, that will only make you a loser.  Since a winner never quits, and a quitter never wins.

[Wiwo]

In all life’s endeavors, once a person commits failure, that’s only a sign that he needs to grow and improve more so that success will be achieved later on. Trading is not an exception. There are more mistakes and losses at the beginning, but that won’t never tell us that trading is not meant for us, but rather failures are good motivation to keep us going and moving forward, to keep us learning something new that will bring new hopes and success the next time we trade.

Failure is never final, that’s why if you end up quitting when you experience failure, that will only make you a loser.  Since a winner never quits, and a quitter never wins.

One thing for sure in trading is that, anyone can become an expert trader's if their are consistent with their trading activities and the best waynto achieve that is by trying to build a limit operation on such a way that one can trade ling with minimum amount of money that he can bear to lose and learn along the way.

Some gamblers have made few statements about gambling that get me laughing  some times, you hear them saying that one week of expert trading is equals to life time trading lessons.

[batang_bitcoin]

Prediction can sometimes favor you or fail you, because trading is also a game of luck and there's no one person that is perfect in prediction, just that when you are favored, it looks like you're the champion but I tell you that no champions forever.

Trading can have that luck in order for a trader to win some trades. But it's not the same as gambling that you'll factor that out as the biggest one with your trades. Predictions are mere predictions without further analysis and this is where many of the traders are doing it wrongly. They think that having some good guess is already enough but it's not. That's why if we're not perfect on it, we can do something better to help ourselves and improve like learning how to TA/FA.

[Joy- maker]

The cryptocurrency trading space is a game of skill + luck just like gambling on some games like poker games have elements of skills and luck, as far as cryptocurrency is concerned, trading it requires alot of skills knowledge a dn experience coupled with alot of patients to wait for the market to go your way, having done all of that and we know that cryptocurrency market is unpredictable, we then have to wait and expect our luck to play out based on our speculations.

I can agree with you on this one, that trading is more of skill plus luck, but I disagree with you in the case of gambling, because gambling is not all about skill, not all gambling game require  skill only few, but majority of the gambling games out there is base on luck. See if you don't take your time to study trading very well in other to acquire the skill of trading there is no way you can be able to trade talk more of Calling yourself a trader because trading requires more knowledge and experience before you can good in it, but in gambling it's different you don't need any skill to gamble, just know the features and you're good to go.

[Zigabel]

Prediction can sometimes favor you or fail you, because trading is also a game of luck and there's no one person that is perfect in prediction, just that when you are favored, it looks like you're the champion but I tell you that no champions forever.

I will appreciate it more if you are not putting it at the forefront that trading is a game of luck.  We are talking about a skill set, one in which institutions relay on to make money, government of nations get involved in it and even international bodies have their assets invested in it and you tell me these caliber of people will allow luck decide their fate? I refuse to agree with that school of taught and yes trading is not just a game.

If you will come up with this at retail levels, I will like make some compromise to see a point with you about luck but you should understand that if it is to be luck dependent then even retailers at some point will quit, not find it healthy and never want to acquire it as a skill since it's luck dependent.  The fact that some days you make all of your analysis right and apply your strategy correctly and still loose money doesn't make it a luck based thing it's only part of the game and that is why even the best at several skill get days they make mistakes applying the exact same thing they have been doing over the years. Trading is a skill and loosing or failing is part of the process to master this skill it's not that you were unlucky neither is it a luck based skill.

[harapan]

Prediction can sometimes favor you or fail you, because trading is also a game of luck and there's no one person that is perfect in prediction, just that when you are favored, it looks like you're the champion but I tell you that no champions forever.

Failure is one factor that boost the growth of someone, having failed several times is not the end of the world but it's a way one can be encouraged to do better and step up their game. People fail in trading cause they have decided to follow through the same patterns instead of applying a new strategy in another pattern cause everything is opened to change.

[WatChe]

Trading can't be predicted, and making a profit is not guaranteed at all times; losses will always occur. But even with all this, it is very important to learn trading very well because even if you lose as a trader, you can also make a profit in the next trade.

 For those who know what they are doing, at least they understand trading; even if there is a loss, it doesn't make one want to quit. However, I think a trader who is still getting the same results in trading over a long time should start all over to gain better knowledge. If one is not willing to start all over, it is better to quit trading because it makes no sense to waste money without any better results.

One thing must be clear to anyone entering trading and that is it's a risky stuff. The start of trading is not easy as one has to face loses and that's why it's important you don't start trading with everything you have rather start with minimum capital. Moreover trading is not for everyone and sooner you realise that you are not fit for trading better it is for you. It takes time to become an experienced traders and their are cases where even experienced traders find it difficult to handle trading.   

[rachael9385]

The cryptocurrency trading space is a game of skill + luck just like gambling on some games like poker games have elements of skills and luck, as far as cryptocurrency is concerned, trading it requires alot of skills knowledge a dn experience coupled with alot of patients to wait for the market to go your way, having done all of that and we know that cryptocurrency market is unpredictable, we then have to wait and expect our luck to play out based on our speculations.

This is pure knowledge because the results you get from trading is way profitable than that of gambling, so they they are not really similar. The only thing that is common between them is risk taking. Trading is never about luck, you only think that way if you are trading with that mindset of a gambler. The crypto market is unpredictable sometimes but you can make more profit from it when you have the right informations

[Fivestar4everMVP]

I am here to bring this to the notice of everyone of us here or out there incase if you didn't know,that failure is never  final.

We all are here into Bitcoin talk and we have had a lot of discussion here and we learn from each other because no one is perfect,you might have come across someone's topic or post about his or her experience in trading or investments.

When it comes to trading, it is something that deals with wisdom ,experience and an expert in prediction,but in all of this it still not a garantee that you will never fail ,you will definitely fail one day,but that shouldn't stop you from trying again, because failure is never final.

Prediction can sometimes favor you or fail you, because trading is also a game of luck and there's no one person that is perfect in prediction, just that when you are favored, it looks like you're the champion but I tell you that no champions forever.

You are definitely right with all that you have said and you advice is very good, trading is not as easy as It seems to be when we hear the word alone, I remember back then when I was still very new to the internet, I first learnt about forex trading and I tried to find out what it was and how money can be made from it, someone casually explained it to me and I felt I had just discovered a goldmine as I felt it was easy to make money from this, so I hurried raised money to buy my first laptop computer which I intended using for trading, not until I go into trading proper, then and only then did I realize that indeed, the word "trading" is very deceiving.

But all the same, as traders who have choosen this field to make money, it is important we make it a personal goal to strive for mastery, even if achieving such is close to being impossible, we can not fold our hands and accept whatever comes and goes, and those who are actually serious about achieving great things from trading will surely face alot of challenges, but many of us know that what ever is said to be good and doesn't come with some level of challenges, then that thing is not as good as we may think it is.

[reagansimms]

Experience can be the most valuable teacher, failure is not the end of everything because you can learn more real and memorable lessons than theory or other learning after experiencing failure. Quitting after experiencing failure is a step back that someone has ever taken because behind failure there is experience that can help develop the skills and abilities needed in trading behavior.
Bitcoin trading isn't always smooth sailing, there are always turning points that can make traders nervous due to the constant fluctuations. The skills and knowledge gained after failure can help traders better understand the concepts and theories in trading.

[Negotiation]

We all know that trading involves risk so experience is needed along with luck in trading. It is true that going through failure increases our mental strength it improves our trading behavior risk management and decision making ability many traders give up when they fail but as you said failure is never final. Because after failure there is an opportunity to acquire new skills these are equally applicable not only in trading but in any field of life. It teaches us that we should move forward without giving importance to success and without being afraid of failure.

[Oshio-man]

I am here to bring this to the notice of everyone of us here or out there incase if you didn't know,that failure is never  final.

Failure is just a test you must experience to be promoted to a high level that will make you to be proud of yourself, many traders have given up easily, just because they begin to see themselves as a failure and there is no way they can get it right in the future to become a better trader that will succeed or make it from trading, those are some of the thoughts that will be coming into your mind just to discourage you not to have confidence or faith toward your trading, all you need to do at that moment as a trader that failed is to start asking talented traders questions to know the type of strategy you will switch to not to experience lost again than to experience winning from trading.

[Strongkored]

I am here to bring this to the notice of everyone of us here or out there incase if you didn't know,that failure is never  final.

Final is when we completely stop that activity. However, if we often incur losses in trading, it is also necessary to evaluate whether trading is not suitable for us. When choosing to stop, it is not out of giving up, but there are other things that can be done to earn money as well, not just trading as the only way to make money.

[joeperry]

Prediction can sometimes favor you or fail you, because trading is also a game of luck and there's no one person that is perfect in prediction, just that when you are favored, it looks like you're the champion but I tell you that no champions forever.

Yes failure is never final, it's actually the key for improvement and learning. That's true but consistency can make you profitable in trading, as you can see some strategies success rate is 40%-60% and you can utilize the leverage in order to have a better profit in your position, so even if you managed to lose around 3-4x consecutive you'll be able to recover using leverage with the 40%-60% success rate of your trading strategy. I lose a lot of times before because I used the leverage the wrong way, and that experience taught me the importance of discipline and risk control.

[Leahized]

When it comes to trading, it is something that deals with wisdom ,experience and an expert in prediction,but in all of this it still not a garantee that you will never fail ,you will definitely fail one day,but that shouldn't stop you from trying again, because failure is never final.

I never think trading depends on the fate. On the contrary, if you are not good and not lost in patience. Because to trade, the first need for knowledge needs skills and requires a lot of practice. It is true that anyone thinks trading is being done and gambling. And sometimes it depends on the fate but if a skilled is analyzed. Then it is not difficult to trade in him.  Moreover, it is likely to be almost all successful
 when trade. Sometimes failure can be because the market situation is never the same. And sometimes the market wanders randomly. Yes, we do not lose all of us and hard work.

[@nn@_pen9]

Yes, that's for sure failure in trading is very difficult to avoid and it is part of the journey or experience of every trader. When traders experience failure, they are often driven to seek new solutions, flexibility and readiness to implement different strategies and sometimes failure often teaches us the importance of good risk management. Traders who are able to adapt to changing market conditions and adjust their risk management strategies based on previous experience tend to be more successful in the long run.

[rachael9385]

...because trading is also a game of luck and there's no one person that is perfect in prediction, just that when you are favored, it looks like you're the champion but I tell you that no champions forever.

Trading is more a game of skill than just luck if you like to describe it in the sense of a game. People who master this skill become better over time; their win rates improve with consistency and practice.

If you think of trading as a game of luck, you would never really put in the effort to develop the skill required to be successful in that field.

I agree with you on this point, I also pointed out this exact thing. If trading was based on luck then there would not be any need to run academy's or master classes on how to trade or become better at trading. Trading works with skills and it doesn't require luck to succeed. Traders that hope to get lucky are not professionals. This is actually a gamblers mentality and it attracts losses a lot losses in the long run

[m2017]

When it comes to trading, it is something that deals with wisdom ,experience and an expert in prediction,but in all of this it still not a garantee that you will never fail ,you will definitely fail one day,

So it turns out that these "wisdom ,experience and an expert in prediction" skills are nothing compared to the influence of luck, right? Which means that all trading is based on luck alone. In my opinion, exactly the same as gambling.

but that shouldn't stop you from trying again, because failure is never final.

That is, no matter how perfectly your "wisdom ,experience and an expert in prediction" skills are "configured", one day you will still make a mistake with your prediction? This is another confirmation of the "worthlessness" of all these skills, which also confirms the "power" of luck.

Prediction can sometimes favor you or fail you,

So it's not about prediction at all, but about luck.

because trading is also a game of luck

Like in gambling. I already mentioned it above.

and there's no one person that is perfect in prediction,

Maybe because forecasting is a myth? That is, an ineffective and inoperative "tool" in trading?

[dunfida]

...because trading is also a game of luck and there's no one person that is perfect in prediction, just that when you are favored, it looks like you're the champion but I tell you that no champions forever.

Trading is more a game of skill than just luck if you like to describe it in the sense of a game. People who master this skill become better over time; their win rates improve with consistency and practice.

If you think of trading as a game of luck, you would never really put in the effort to develop the skill required to be successful in that field.

I agree with you on this point, I also pointed out this exact thing. If trading was based on luck then there would not be any need to run academy's or master classes on how to trade or become better at trading. Trading works with skills and it doesn't require luck to succeed. Traders that hope to get lucky are not professionals. This is actually a gamblers mentality and it attracts losses a lot losses in the long run

There’s always that mix between luck and skill in trading but the weight definitely leans toward skill and discipline luck might give you a good entry once or twice but without proper risk management knowledge of market structure and emotional control you’ll end up giving it all back.

When you look at people who’ve been trading for years and are still consistent that’s not luck keeping them afloat it’s experience strategy and patience they know when to sit out and when to press forward gamblers hope for one big hit but traders build a process that can stand the test of time.

If it was just luck like a lottery there wouldn’t be patterns strategies or backtested systems that keep working across cycles and conditions skill doesn’t guarantee a win every trade but it guarantees survival and growth over the long run and that’s what separates trading from gambling.