Failure is never final

[pawanjain]

While that is true we have to make sure we know what we are doing.
We should keep trying different strategies and keep improvising and that is how we learn.
On the other hand, at some point of time, we must acknowledge the fact trading is not that easy.
If we just keep losing money while trading then probably trading is not meant for us.
It is better to hold the coins instead.

[programmer3666]

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 very correct, In Trading failure is surely never the end in fact it is like the beginning of the journey to greatness. because truly no matter how smart or experienced you feel you are!! you will still face losses at some point...I think what matters most is how you react to it!! do you quit or do you pick yourself up and keep going more like taking the emotional pain with pride!! for me, i just take failure as part of the process and try to learn new strategies in order to better myself. because i believe that every mistake i make teaches me something new and that’s what helps me improve little by little... Nobody wins all the time! but i believe the real difference comes when you turn those failures into lessons instead of letting them stop you!! at the end of the day,, trading is all about patience, discpline & always learning. If you can keep those in mind, failure wont be final!! it will just be another step forward in the right direction..

[pusaka]

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.

There are also those who can make a profit, but their previous losses are also substantial, and those profits aren't enough to cover the losses they've already incurred. This can cause problems, because when they lose, they might start thinking about how to recoup their previous losses.

And if that happens, their trading will be heavily influenced by emotions because their ambitions are too high, while we know the market is highly volatile. Instead of trading, they might become like gambling.

[Davidvictorson]

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 never final for me means that mistakes are bound to happens and we can even make the wrong decisions but that should make us to give up. I believe that there new opportunities everyday despite our failures. In these two extremes that is, failures and opportunities lies the lessons that must learned, discipline that must be built up and skills to developed for a definite and powerful comeback.

[MarjorieZimmermanGinger]

There are also those who can make a profit, but their previous losses are also substantial, and those profits aren't enough to cover the losses they've already incurred. This can cause problems, because when they lose, they might start thinking about how to recoup their previous losses.

And if that happens, their trading will be heavily influenced by emotions because their ambitions are too high, while we know the market is highly volatile. Instead of trading, they might become like gambling.

Trading is not just about revenge when experiencing losses, but about how one can be more realistic. I mean, a trader who can survive in this industry is nothing more than someone who is disciplined and able to maintain money management. The fact is, most traders are unable to maintain this, so they continue to deposit every time they experience a loss in their trading activities. Emotionalism and the ambition to gain large profits with small capital in trading are wrong behaviors and are one of the reasons people lose more money.

[Mahanton]

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 very correct, In Trading failure is surely never the end in fact it is like the beginning of the journey to greatness. because truly no matter how smart or experienced you feel you are!! you will still face losses at some point...I think what matters most is how you react to it!! do you quit or do you pick yourself up and keep going more like taking the emotional pain with pride!! for me, i just take failure as part of the process and try to learn new strategies in order to better myself. because i believe that every mistake i make teaches me something new and that’s what helps me improve little by little... Nobody wins all the time! but i believe the real difference comes when you turn those failures into lessons instead of letting them stop you!! at the end of the day,, trading is all about patience, discpline & always learning. If you can keep those in mind, failure wont be final!! it will just be another step forward in the right direction..

Failure in trading is feedback not a finale, treat each loss as data about your edges your plan or your psychology and use it to tighten what you do next; keep a simple trade journal noting setup size reason and how you felt so patterns appear over time. Protect capital first and profits second, use position sizing stop rules and a max loss limit to force a break when emotion takes over, run small experiments test one change at a time and backtest or paper trade to separate chance from skill. Build routines that steady your mind—sleep well eat properly and take breaks—because emotional resilience is made off the screen as much as on it, learn from others but adapt ideas to your temperament and keep final control of your money. Have a recovery plan for bad streaks, a checklist to follow when you feel shaken, and a slow return process after review, celebrate small improvements not only wins, because compounding learning beats chasing quick fixes and over time consistent discipline becomes your strongest edge. Maintain non trading income and an emergency fund so you never trade with desperation, diversify strategies and timeframes so one bad streak in a single approach doesnt wipe you out, keep learning through focused study not random tips, read research test ideas then move on, finally set clear goals and rules for when to scale up or scale down capital committed, celebrate small improvements in process not just big wins, and remember that compounding discipline and steady refinement of your process is the true edge that lasts.

[GigaBit]

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.

Trader should come out of the idea that you only make profit from trading. In trading business profit and loss can be either. No matter how much knowledge a trader gains, he can lose at any time. Moreover, trading is a platform where after making several consecutive profits, the possibility of losing his entire profit and investment due to a single mistake.

In trading normally a trader takes the wrong decision due to excessive greed. Sometimes, he may panic sell and suffer losses. When a trader takes the right decision in these matters the possibility of such mistakes will be reduced. Another important thing in trading is money management. Those who are able to give importance to money management in any situation will be benefited.

[Peanutswar]

Welcome to the community! seems most of us here came from being a newbie like theres a lot of regrets, mistakes and miss out chance and oppportunity in crypto space well its normal because through out time we learn something new lessons to discover and to learn so through out your journey or progress you will discover something, failure is part of the success theres no person engage with a success already in life they face a lot of challenges to reach what they have right now and also its just the capital do you have its the mental and emotional strength of the trader or investor to hold and to success so progress still in crypto space. Part of it and embrace.

[justdimin]

While that is true we have to make sure we know what we are doing.
We should keep trying different strategies and keep improvising and that is how we learn.
On the other hand, at some point of time, we must acknowledge the fact trading is not that easy.
If we just keep losing money while trading then probably trading is not meant for us.
It is better to hold the coins instead.

Yes, just because failure isn't the end, doesn't mean we have the ability to keep making the same mistakes over and over again, it would end in a terrible period. We are going to end up with a bad result if we are not careful and that is the trouble.

So, it would be "final" if we make a lot of the same mistakes then we are not going to get what we want, it is not going to happen and we are going to end up with a lot of bad results as well. This is why it should not be that complicated, it is what it is and we are going to deal with what we are forced to deal with. I get that it may not be that easy for some folks to come up with new ideas, but you have to realize, if you failed one way, then you should check for another way, doesn't mean stop, just find another way.

[Wakate]

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 never final for me means that mistakes are bound to happens and we can even make the wrong decisions but that should make us to give up. I believe that there new opportunities everyday despite our failures. In these two extremes that is, failures and opportunities lies the lessons that must learned, discipline that must be built up and skills to developed for a definite and powerful comeback.

We would keep making mistakes which is why we are humans that are moving  to perfection.
We don't have to give up while struggling to acquire knowledge to become a better person while trying as much to achieve our goals. Every trader want to be profitable but some do not want to pass through the right path that will build them and create more sophisticated experiences that will make them a better trader with time. Successful in trading is not gotten in a day and we should endeavor to keep working hard to perfection.

[Maslate]

Failure is inevitable, it’s something that we have less control of. No matter how good or efficient you are, especially  in trading where it’s a game of speculation, committing mistakes and losses are sometimes hard to prevent of. But with consistent practice and harnessing your knowledge and skills for a long-term success, you get used to navigate your trades gradually until you find yourself slowly taking progress.

Failure is never final, where mistakes and inaccuracy are still evident, you have to keep learning and growing in trading, until failure seems to lessen while you find yourself maximizing your own potentials in trading.

[Lida93]

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.
...

Such is true about failure, it's not final no matter how many times that we might fail. Let your failure beget you some experience as you endeavour with your trading knowledge. The knowledge we gather about trading is not only from the materials we read and the videos we watch that teaches on trading but also in the very failures we encounter during trading positions. Always walk yourself back to know why there was a failure than getting disappeared about it.

[Ziskinberg]

While that is true we have to make sure we know what we are doing.
We should keep trying different strategies and keep improvising and that is how we learn.
On the other hand, at some point of time, we must acknowledge the fact trading is not that easy.
If we just keep losing money while trading then probably trading is not meant for us.
It is better to hold the coins instead.

Where success has not met yet, then there’s always good reason to keep trying. We don’t want to settle on anything less, on a failure that we can’t justify, so as much as possible do not set limits on something wherein you know you still have a lot more to show, a lot more potentials to prove.

Failure is just a starting point, you don’t just end there, but you’re bound to cross that point and prove to yourself that failure is just part of the process, until you finally reach your goal of success.

[ndutndut]

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.
...

Such is true about failure, it's not final no matter how many times that we might fail. Let your failure beget you some experience as you endeavour with your trading knowledge. The knowledge we gather about trading is not only from the materials we read and the videos we watch that teaches on trading but also in the very failures we encounter during trading positions. Always walk yourself back to know why there was a failure than getting disappeared about it.

Every trader experiences both profit and loss phases in their trading journey, as these losses and profits always go hand in hand. You'll even experience a rollercoaster of trading, alternating between losses and profits. Sometimes, we even enter a phase of deciding whether to continue or stop. But when we decide to continue, that's when the bright spot begins profitability and maturity (both technical and mental) begin to emerge.

Failures in trading are inevitable, but we evaluate them to improve our trading. This phase is usually quite long lasting years, and most traders give up at this point. Therefore trading is only suitable for those willing to spend years honing themselves to minimize losses or achieve more profits than losses.

[CageMabok]

...

Trading is not just about revenge when experiencing losses, but about how one can be more realistic. I mean, a trader who can survive in this industry is nothing more than someone who is disciplined and able to maintain money management. The fact is, most traders are unable to maintain this, so they continue to deposit every time they experience a loss in their trading activities. Emotionalism and the ambition to gain large profits with small capital in trading are wrong behaviors and are one of the reasons people lose more money.

Overambition and excessive emotion when trading often lead to a loss of control and patience in waiting for profits to come. From what I understand from what you're saying, perhaps this only often occurs in futures trading, not in spot trading, where all traders can still wait and be patient for prices to recover in the market. However, heightened ambition and emotion often cause traders to forget one important thing, besides staying consistent in trading: adequate trading technique and knowledge. This can at least help them take steps before experiencing losses due to overly emotional decisions.

[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.

Trading has a little bit of luck involved because we can't always predict the movement of that market accurately. But this doesn't mean that it's a huge percentage of luck because crypto is not gambling, it's more of knowing when to buy and sell which makes it more dependent on that information that you have about the decisions you are taking. Even though luck is needed it's just a small percentage of it

[JeffBrad12]

Failure is never final until you ran out of capital. That's why you manage your risks in trading, it will never be final unless you are running out of ammunition to get started with another trade. The people who went all in says otherwise though, they emptied their bank until they went ultra broke and call it final since there's nothing they can do anymore.

One sentence, never go all in.

[M47AK16]

just because failure isn't the end, doesn't mean we have the ability to keep making the same mistakes over and over again, it would end in a terrible period. We are going to end up with a bad result if we are not careful and that is the trouble.

So, it would be "final" if we make a lot of the same mistakes then we are not going to get what we want, it is not going to happen and we are going to end up with a lot of bad results as well. This is why it should not be that complicated, it is what it is and we are going to deal with what we are forced to deal with. I get that it may not be that easy for some folks to come up with new ideas, but you have to realize, if you failed one way, then you should check for another way, doesn't mean stop, just find another way.

That is so true, and people do not realize it. There are two types of people I do not agree with in the crypto world, one is the person who makes the same mistakes and they end up still doing the same thing without learning a lesson from it, so it's not that complicated, just learn from your mistakes and do better next time.

The other one is the people who stop when they make a mistake out of fear to keep repeating it. Don't? Just learn to be better and don't make the same mistakes then, it's learning and if we feared everything in life when we made one mistake, nobody would ever get good at anything at all. This is why we need to learn to be better, and not dwell on everything like it's such a big deal, we should be bale to get better results.

[Nahl]

There are two things how to described failure is never final it depend to the people seeing it and the first one is if you never learn from your mistakes then failure will comes often to you so, you will gets another failure and it will be ended until you lost all of your money and the last one is the failure could be a gate to gets the better results because you were learn and analyze from your previous mistakes

There is a statement that failure is a pending of success which mean if people can learn from their failure they will be very close to being an success people and in trading world failure is valuable experience because from that we can learn the things we should be avoided to gets the better results from our trading journey but just noticed that trading is not belong to all people because when you always be failure without the winning then probably this world isn't for you

[WatChe]

you are very correct, In Trading failure is surely never the end in fact it is like the beginning of the journey to greatness. because truly no matter how smart or experienced you feel you are!! you will still face losses at some point...I think what matters most is how you react to it!! do you quit or do you pick yourself up and keep going more like taking the emotional pain with pride!! for me, i just take failure as part of the process and try to learn new strategies in order to better myself. because i believe that every mistake i make teaches me something new and that’s what helps me improve little by little... Nobody wins all the time! but i believe the real difference comes when you turn those failures into lessons instead of letting them stop you!! at the end of the day,, trading is all about patience, discpline & always learning. If you can keep those in mind, failure wont be final!! it will just be another step forward in the right direction..

It's very obvious that when we start any new thing we do commit mistakes. When we start learning driving we do mistakes but these mistakes help us in mastering the driving skills. Likewise those who are new to trading will make mistakes in the start but that doesn't mean they will never become good trader. The trading mistakes in start help us in mastering the trading skills. Moreover it's also important that trading is full of risks and if you are not getting success despite continuous effort, just switch trading with long term investment.