Failure is never final

[Hamza2424]

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.

A good trader makes more tp hit trades but it does not mean their trades don't hit stop loss. Some of their trades hit stop loss and they have to bear it because in their next trades or the previous ones, they must have made enough profit that could cover their losses and still give them enough.

This is the game and you are right about the luck bro but trading is not all about luck we have to do a very hard work of analyzing the chart and understanding everything so we can be confident on our trade and could stick with it. There is no guarantee in crypto, any trade planning on making a profit from a trade can hit a stop loss because the market doesn't care about your setup.

[Asiska02]

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.

Failure should be seen as a booster to want to make you seek for insights and diversification into more about trading. Trading is not guaranteed to give you 100% return on investment, I mean you can’t win all of your trades without encountering any loss, it is very impossible and you’ll have to embrace the spirit of failure as been part of your gambling journey. They shouldn’t break you down, they shouldn’t want to make you give up suddenly but they should encourage you that you can still try again and win the next trade.

Seeing trading as a game of luck also may not be deniable, but it only works when you’re not a better trader and want to be here to make quick gains. Your predictions can go your way and you’ll be said to be lucky but if it doesn’t, you’re already a gambler. As a predictor in trading, you can’t stay long to remain a trader, you’ll leave and give up sooner than anyone because the game of luck won’t favour you for too long.

[alastantiger]

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 don't think trading is a game of luck, trading isn't gambling that's more about being lucky. With trading, you're the one that's going to give yourself the circumstances to be lucky by being intensive in your researching. With your constant reading of the market, you can make the best decisions that'll favour you. You'll have to be good at reading the market and understanding how to enter the market at the right time and exist the market at the right time too to make profits from the market and to do all this, it isn't about being lucky but your timing of the market is the vital key. There's going to be trials and errors but with time you can become good at timing the market and always making a profit.

[Webetcoins]

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.

I think it was Rafael Nadal, or some other tennis player, I don't remember who it was. That talked about how he won just barely 50% of the hands he played, which means, even the greatest ones got a little over half of the points he played all his career, and won so many cups.

That also means, he lost just a bit under half of his points, so he loses all the time and constantly, points of course not games, he did lose a lot of games too.

So you can't have full wins, all the time, that makes no sense and nobody can do that. If you are that level at trading, then you should be fine, and you can make some profit.

It would not be simple, and it would not be that bad, but it can happen and we are going to end up wit ha good return.

[MarjorieZimmermanGinger]

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.

In trading, failure is indeed a problem we can never avoid, but how can that failure become a catalyst for change after so many failures? Of course, it's not as easy as it seems because talking about failure in trading plays a psychological role, especially when talking about the amount of money we've lost. But this is where emotional control lies for someone who wants to achieve success in trading, because every failure must be a prerequisite for achieving success. I disagree with saying trading is a game of luck, because it requires knowledge to get started, and talking about luck is akin to gambling. In context, you won't always profit in trading, but how to maintain opportunities to continue in a situation that is not detrimental even though you also lose occasionally.

[Bitcoin_people]

It is certainly true that failure is never the end, but success can be achieved from failure. When you run for success in a place, if you face failure there, you do give up or try again later, maybe you will succeed. If you fail once, you should see it several times, failure can be a challenge, so you should not stop overcoming this challenge and see success. If it happens in trading that you face failure, then you must stop for a short time. Later, you have to gain skills, have good knowledge about the market, later you can get involved in the trading business, you will not face failure. You must have maximum experience in trading, although most of the time people face failure due to market instability, it is best not to give up and be patient. I bought some coins in trading for a long time, but I did not succeed there, but I am still facing failure, besides, I held them patiently in the hope that maybe my loss may be compensated in the future.

[pusaka]

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.

In trading, failure is indeed a problem we can never avoid, but how can that failure become a catalyst for change after so many failures? Of course, it's not as easy as it seems because talking about failure in trading plays a psychological role, especially when talking about the amount of money we've lost. But this is where emotional control lies for someone who wants to achieve success in trading, because every failure must be a prerequisite for achieving success. I disagree with saying trading is a game of luck, because it requires knowledge to get started, and talking about luck is akin to gambling. In context, you won't always profit in trading, but how to maintain opportunities to continue in a situation that is not detrimental even though you also lose occasionally.

What we must realize from the outset when trading is that we must recognize that profit and loss will always go hand in hand; we cannot eliminate either one. But can we minimize losses? Of course, we can minimize losses by improving our knowledge and skills. But can we avoid losses when we become highly skilled? The answer is no.

Even professional traders still experience losses, but the difference is that they can remain calm when they experience them. Furthermore, they can quickly regain profits because of their experience.

[shield132]

That's a right message, failure is never final. In 2016-2017, I had a few Bitcoins but I exchanged them into USD because my parents suggested me to do that and since I was a kid, I followed their advice, I thought that they knew more than me. Then the price went up high and I realized what a big mistake I made. Since 2018, I decided to hold as much Bitcoins as possible and waited for the next halving. After the next halving in 2020, I experienced a significant profit because Bitcoin went too high and I was extremely happy. Then I decided to start trading, made a few trades, made some good profits, very easy money. Then I got into futures and made even more money but the bull market comes with price correction, so I made some mistakes here but luckily, I gained back all that I lost. Btw there was one very unlucky day that completely ruined everything for me. I was trading for days and nights in a row and one night I opened short position on futures on qbit coin but I didn't see that my leverage was 20x, so I fell asleep and I got liquidated. Since that day, I was extremely depressed for many months, I thought that life ended for me but I was strong, I decided to finally settle down and follow the long-term plan instead of daily trading and since 2022, I trade few times a year, only when I think that it's the best moment to buy or sell. I improved my patience and with this strategy, I've made 20%, 50% and 100% profit multiple times since 2022 to this day. So, the message is clear, failure is never final if you learn from your mistakes.

[Ishicryptic]

...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.

If you liken trading to game of luck then it is no different than gambling because gambling wins depends very much on luck but trading requires learning the skills and the better you become the higher chances for you to make profit from it. Although we cannot totally remove luck from trading because traders are predicting what can happen in the future which is not certain. But if you understand technical analysis and fundamental analysis it will be easier to predict and make profit, so trading is not something that anybody can rush into. If you have the patience to endure and learn how to trade you will understand that the delay is not denial and failures along the way doesn't define you.

[Abu-Naim]

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.

Crypto trading is prediction I agree with you, but the way you are putting your statement makes it looks like betting or gambling because you said it is a game of luck which means you are not sure of what you trading and you don’t trust your analysis that is why you called it a game of luck.

Experience traders do lose money, but they are always certain of their analysis which do usually becomes profitable because they do take their time to analyze the market and also make sure the apply all the necessary steps to minimize risk before they go into trading, and they hardly lose woefully like newbie traders that just go into trading without any knowledge; they are the main gamblers because they are just trading for luck.

[LogitechMouse]

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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.

Just for context, trading is a game of skill, and not a game of luck. Don't look at trading the same as gambling is where you need luck in order to make money. In trading, that isn't the case. What you need is a working strategy, and some skills that will help you make money.

I've seen traders stopping from trading not because they're losing consecutive times, but because they don't have the money anymore to continue, and they felt that it's their time to stop. I don't always say this when it comes to trading because I myself lots hundred of dollars already, but if you feel that trading isn't for you then by all means, stop. If you're losing money on trading and you feel that you aren't improving at all, better to just stop, and focus more on just buy and hold.

Failure is never final "SOMETIMES", but there are also times where experiencing failure is a "SIGN" that you really need to stop doing it or you will lose even more money.

[TheUltraElite]

Trading needs patience and luck. Observing the market for some time before you start dipping in it is how the approch should be.

We dont need champions in trading, rather you should be able to sustain trading for some time and you will manage to get recurring profits. This cycling of money is important in trading between high sells and then low buys, which needs patience.

Dont consider a bad time as failure, it is a phase that will pass once you get a geip.

[adultcrypto]

In trading, there is nothing like failure unless you stop trading. If you call losses failure, then it is not trading you are talking about because losses are important part of the business which must happen to make us remain disciplined and not proud and it also help us see the need for continuous improvement of our trading skills. If you see trading from this direction, you will openly embrace losses and do your best to mitigate them, which is the wise thing to do since they can never be eliminated in trading.

[Adams0001]

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.

Even those who are professionals and have been trading for years, with the profits earned, cannot avoid losses. But what differentiates them is that those who are more experienced can minimize the risks of the losses they experience.
Losses can happen to anyone. Even though we have made profits in several trades consecutively, we must still be careful and prepare for the next trade as best as we can. Sometimes we take something for granted when we have started getting used to doing it.

Exactly you are right, Anything that can not be  unpredictable sometimes will always make people failed. Trading is risk and we need to know that trading is 50/50 we lose or we gains, we don't have guarantee of wining in it because is always unpredictable and we can lose anytime the market is bad. Anyone is losing in trading even you are the professional you most lose no matter want, so anyone that says he win always without even loses some times, i think he just deceiving you and trying to bring you into the trading system. We can't call trading a game because is different from gambling but some think they are same.

Anything that we call game is usually a lucky thing and have is own risk management. But trading is hugh different and higher risk, without getting full knowledge and experience about it he can make you lose alot of money in a minute, before trading can be lucky to you definitely you have understood it very well and have more experience. If you don't understand trading he can never be lucky to you. But gambling even you don't understand many things on it you can predict and later you can probably win without stress, but trading you need to focus very well and understand the market very well and know with types of strategies you will used and probably profitable when the market is in your favour at that moment.

[el kaka22]

Unless it breaks your bank and you bankrupt. I mean there is a limit to it, someone who makes a grand a month, should not be losing 150k grand, no idea how he even got that much, but as an example, he wouldn't be able to pay that back as a debt. These days many nations have high rates, so it would be a silly move to just make that work.

So yes, failure is not final, and yes you can get better, but you should also make sure that you are careful, don't just trade it all away. If you do that, then you may end up hurting your economy so badly that it may not be possible for you to recover from that without bankrupting, and when you do that then you are going to be forced to pay that back, like seizing your house or whatever. Be careful.

[Mame89]

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.

What we need to know before becoming a trader/investor in the crypto world is that it's full of uncertainty. So it's true that failure will always occur. However, failure can be minimized by learning from mistakes and experiences to continuously become a better trader.

Because indeed no trader in the world can consistently generate profits every time they trade. In the world of trading or investing, the concept of trading not being a game of wits sometimes applies. Many traders lose not because of faulty analysis, but because they can't control their emotions. What I mean by healthy trading isn't being without emotions, but rather having a system that prevents emotions from overriding decisions.

[uchegod-21]

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.

It is easier said in theory than done in practice. Anyone can tell a trader never to give up but don't know the loads of emotions they carry when they keep failing and are in a crossroad trying to decide if they should give up or remain patient.

My advice to any committed trader is that he should have other sources of income so he will not be relying on the profits from his trade. It can really get tough some times. Newbies who are intending to start up a career in trading should learn from this as well.

[Sanitough]

...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.

It’s actually a combination of skill and luck, you don’t just trade proving your knowledge and skills, but somehow you also have to attract the market so that it will favor your trades, and that comes with luck. But most of all, trading with experience will always lead you to an edge and make you successful trader in the long run despite of how risky and uncertain the trading market is.

You fail, you commit mistakes and eventually you lose, and that’s part of trading. No successful and profitable trader has never experienced some barriers, but at least he/she should learn to overcome from all of these.

[leonair]

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.

Trading never depends on luck it depends on skill. Because the more you gain knowledge about trading patterns and when you become an expert in trading then you will be able to make a precise prediction by analyzing in different ways which will definitely bring you profit. Normally a person can make profit by holding for a long time. But trading is a short term investment from which profit can be generated within a short time. And many people like trading because they cannot bear the patience of holding for a long time.

[MarjorieZimmermanGinger]

What we must realize from the outset when trading is that we must recognize that profit and loss will always go hand in hand; we cannot eliminate either one. But can we minimize losses? Of course, we can minimize losses by improving our knowledge and skills. But can we avoid losses when we become highly skilled? The answer is no.

That's why a trader must be disciplined in carrying out their activities so that they can control both losses and profits and be able to make adjustments. Often, many traders achieve consecutive profits, but a single loss wipes out all their capital and previous profits. This is based on incorrect trading techniques, and generally, they don't use stop-loss in their trading activities. In fact, I myself have experienced eight consecutive profitable trades, only to experience a single loss, which wiped out everything. Skilled or not, no one can avoid losses because trading carries significant risks, even if the trader is professional and highly knowledgeable.