Failure is never final

[beveryu778]

...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.

Trading is not a game of luck. The market can be analyzed very well and the position of a coin can be predicted well. The more time one spends here, the better skills one can gain. However, not many people can survive in the trading world for a long time by losing constantly. And those who survive are the successful traders. It is a logical statement that failure can never be final. And those who accept failure as final can never be successful. Training is a mind game and a lot of skill is required here to survive in the trading world and get successful better ROI.

[Webetcoins]

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.

Even if you do end up with no capital, which means you have done something very wrong, but lets assume that you have finished all your capital, even that doesn't mean anything bad.

Because we should all be making enough profit, and that's the most important art, if you do that, and keep getting a salary for example, then you can put some aside every month and then you will have some capital once again. That is how you improve, if you do that, then you are going to of course be in big profit.

But you should learn, second time around, not to lose so much that you run out of capital again. If you know what you are doing, you shouldn't lose that much, some bad trades are ok, but running out of capital means you trade badly.

[mich]

I do think you are right about that. If we lose all our investment and capital we can still invest again. We just need to be more careful so we will not lose more of our capital.
There is alot of traders that does lose all of their capital. But for crypto investing there is alot of coins we can invest in. So if you don't run our of capital well then you can still make profit.
All traders do have to fail for some time. It is just how it is when you are a investor in crypto. But some of them do make alot of profit after failure.

[cryptoaddictchie]

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.

True, failure is never final and just a beginning. In trading, even the best strategies can fail because no one can predict the market perfectly. What matters is learning from mistakes, staying disciplined, and not giving up when things don’t go your way. I often loses on trade before and thats normal as I maybe make some mistakes on the process but also able to make some good profits ofcourse learning from those I encountered problems and my experience.

[traderethereum]

I do think you are right about that. If we lose all our investment and capital we can still invest again. We just need to be more careful so we will not lose more of our capital.
There is alot of traders that does lose all of their capital. But for crypto investing there is alot of coins we can invest in. So if you don't run our of capital well then you can still make profit.
All traders do have to fail for some time. It is just how it is when you are a investor in crypto. But some of them do make alot of profit after failure.

That is only if we have more money. But if we invest because of greed and lose all of the capital, we can not start over. We will regret what we have done. Many people fail when trading but not many of them can search for their mistakes and fix it. Losing in trading can happen anytime but if we can know the mistake and fix it, we will have an experience and will not make the same mistake. So trading will need skills to analyze the market and only with learning more will help you to have better skills.

[Lanatsa]

...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.

Trading is not a game of luck. The market can be analyzed very well and the position of a coin can be predicted well. The more time one spends here, the better skills one can gain. However, not many people can survive in the trading world for a long time by losing constantly. And those who survive are the successful traders. It is a logical statement that failure can never be final. And those who accept failure as final can never be successful. Training is a mind game and a lot of skill is required here to survive in the trading world and get successful better ROI.

Trading really isnt luck its a craft that gets sharper with time patience and practice start with process not profits build a routine, premarket checks clear entry and exit rules position sizing and a post trade review habit when the process is steady the results follow risk management is everything use stop losses and size positions so a few losses dont wipe the account a couple of well controlled trades beat reckless wins every time keep a trade journal write why each trade was taken the emotion at the time the outcome and what to improve later this turns mistakes into data demo and backtesting are cheap lessons test across conditions if it cant survive demo it wont survive live emotional control often beats strategy breathing, stepping away after a bad loss limiting screen time, these calm the mind focus on expectancy not hit rate a system can win less than half its trades and still be profitable if winners are bigger than losers simplicity greater than complexity pick a few reliable signals and master them instead of hunting more indicators.

Adaptation is survival markets change so have a checklist for regime shifts, high volatility low liquidity macro events,and adjust risk and timeframes accordingly seek mentorship and community they speed learning but filter advice and always backtest before following anyone bankroll management is basic discipline dont bet money that hurts set process goals not just money targets compound gains slowly protect capital during drawdowns keep a healthy lifestyle sleep diet exercise they matter way more than most admit schedule weekly reviews and monthly performance checkups adjust rules only when stats justify it accept failure as raw data losses teach if reviewed properly stay humble and curious the market is a teacher not an enemy keep learning testing and adapting and over time consistency replaces hope and luck with real edge.

[justdimin]

Trading really isnt luck its a craft that gets sharper with time patience and practice start with process not profits build a routine, premarket checks clear entry and exit rules position sizing and a post trade review habit when the process is steady the results follow risk management is everything use stop losses and size positions so a few losses dont wipe the account a couple of well controlled trades beat reckless wins every time keep a trade journal write why each trade was taken the emotion at the time the outcome and what to improve later this turns mistakes into data demo and backtesting are cheap lessons test across conditions if it cant survive demo it wont survive live emotional control often beats strategy breathing, stepping away after a bad loss limiting screen time, these calm the mind focus on expectancy not hit rate a system can win less than half its trades and still be profitable if winners are bigger than losers simplicity greater than complexity pick a few reliable signals and master them instead of hunting more indicators.

Maybe not as strict as you mention, but yes it is a very professional and organized skill that requires hardcore obsession to be great at it. I understand not everyone reaches the same conclusion, but it is definitely a great way to make money and that doesn't just happen out of thin air.

If you really want to, then you need to make sure that you can make as much profit from this as you can. This is the way you should be moving forward and you can handle all of it as well as you can on the long run. If you can't, then you are going to end up with many mistakes with time. Obviously this isn't simple, because it requires you to work really hard, and stick to what you know, and gain experience, it's not going to be quick neither.

[pusaka]

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.

Yes, you're right. We should be more realistic about trading, because it's far from easy to profit from. Revenge trading will only make things worse, because our trading is not based on knowledge, but on emotions, which is something we should avoid.

When we're emotional, we act rashly, and even our knowledge and skills are lost when emotions take over. We've probably seen many people take irrational actions because they're driven by emotions, unable to think clearly.

[Z_MBFM]

...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.

For those who are not experts in trading, profit from trading depends on luck. Because they do not know how to do proper analysis and they can never take the right steps, they make different decisions emotionally and from there if their luck is good, one of the decisions is effective. However, those who are experienced and have many skills can do well in trading. And they are the ones who are successful. Those who trade by giving priority to emotion gradually start losing and they give up trading with failure. This entire process is a game of mind. Those who can manage their mind properly can achieve their goals and others consider failure as the end.

[Wakate]

...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.

For those who are not experts in trading, profit from trading depends on luck. Because they do not know how to do proper analysis and they can never take the right steps, they make different decisions emotionally and from there if their luck is good, one of the decisions is effective. However, those who are experienced and have many skills can do well in trading. And they are the ones who are successful. Those who trade by giving priority to emotion gradually start losing and they give up trading with failure. This entire process is a game of mind. Those who can manage their mind properly can achieve their goals and others consider failure as the end.

Trading is more complicated than we can ever imagine and that's one of the reasons why when you analysed the market, and take a trade, you can still lose money whether you analysis is correct or not. The price of Bitcoin can choose to go up or down without you having the full understanding why price is going down or up. Sometimes, the fundamental analysis do give us clear reason for the price of Bitcoin going in the direction we are seeing it.
People that are very good at using fundamental can be very fortunate entering the market in using a strict medium to predict the price of Bitcoin.

[moneystery]

Trading is all about your technical and fundamental analysis skills. If it's a game of luck, it's more accurately called gambling, because you're relying solely on your luck to make informed decisions.
In real trading, every move should be based on data, indicators, and a solid grasp of market conditions. Relying solely on luck reduces decision-making to random guesses, leading to inconsistent results... that’s no longer trading, but gambling in disguise.

[Promocodeudo]

For those who are not experts in trading, profit from trading depends on luck. Because they do not know how to do proper analysis and they can never take the right steps, they make different decisions emotionally and from there if their luck is good, one of the decisions is effective. However, those who are experienced and have many skills can do well in trading. And they are the ones who are successful. Those who trade by giving priority to emotion gradually start losing and they give up trading with failure. This entire process is a game of mind. Those who can manage their mind properly can achieve their goals and others consider failure as the end.

But does proper analysis as you said guarantee profit in trading, I don't know much about trading, I have never advised anyone about trading and of course it will be uncalled for if I advise anyone to engage in something I don't know anything about.
Generally failure is not the end in every other perspective of life, I understand that there's no free money anywhere and for anyone  to win at least there might be something like stumbling blocks which might be part of the learning process as such it graduates people to their next stage of life if they can take it as a lesson but relating this to trading I don't know whether in trading, there's possibilty of individuals being guaranteed of profit after failure or does it depend on ones ability to learn further.

[r_victory]

Failure is always a learning opportunity. When you make a mistake and find a way to correct it, you ensure you won't make it again. And it also serves as a guide for others. From childhood, we learn from our mistakes, at least many of us. Failure can be a new beginning, not the end!

[Issa56]

Trading is not a game of luck. The market can be analyzed very well and the position of a coin can be predicted well.

I agree with you that the market can be analyzed, but what you should know is that even if you take your time to properly analyze the market, then you can’t always be right, no matter how good you are in making analysis, then you will be wrong sometimes, that’s why when you are trading, you should always expect profits and loss, just that you should make sure your profit is more than your loss, if you notice that your loss is more than your profit, then you should know something is wrong, but you can’t be a trader without losing, your analysis won’t always be correct.

[Karl_3000]

Failure is always a learning opportunity. When you make a mistake and find a way to correct it, you ensure you won't make it again. And it also serves as a guide for others. From childhood, we learn from our mistakes, at least many of us. Failure can be a new beginning, not the end!

But people should not see losing money as a failure in a way they will think they are learning, if a trader is losing after a long time like a year, the person should quit trading.

[Mahanton]

...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.

For those who are not experts in trading, profit from trading depends on luck. Because they do not know how to do proper analysis and they can never take the right steps, they make different decisions emotionally and from there if their luck is good, one of the decisions is effective. However, those who are experienced and have many skills can do well in trading. And they are the ones who are successful. Those who trade by giving priority to emotion gradually start losing and they give up trading with failure. This entire process is a game of mind. Those who can manage their mind properly can achieve their goals and others consider failure as the end.

Trading is more complicated than we can ever imagine and that's one of the reasons why when you analysed the market, and take a trade, you can still lose money whether you analysis is correct or not. The price of Bitcoin can choose to go up or down without you having the full understanding why price is going down or up. Sometimes, the fundamental analysis do give us clear reason for the price of Bitcoin going in the direction we are seeing it.
People that are very good at using fundamental can be very fortunate entering the market in using a strict medium to predict the price of Bitcoin.

Trading carries more complexity than many people expect even when analysis appears correct the result can still be a loss markets are influenced by countless factors at the same time and no one can predict all of them bitcoin shows this clearly sudden moves happen without warning and price can rise or fall in ways that seem disconnected from the chart or the newsTechnical analysis helps provide structure and probabilities while fundamental analysis sometimes gives context behind a move but neither one offers certainty at best they increase the odds of being on the right side of a trade people who have mastered fundamentals can sometimes enter at good moments especially when major adoption news or regulatory shifts change the overall market mood still even the strongest signals can fail when sentiment shifts unexpectedly.

For this reason the focus in trading often shifts from trying to be right every time to managing risk and protecting capital risk management means setting stop losses knowing position sizes and never risking more than a portfolio can handle discipline and patience often separate long term survivors from those who burn out quickly. Psychology plays a big role as well fear greed and impatience can lead to mistakes even when analysis is sound successful traders learn to accept losses as part of the process rather than chasing every move or trying to win on every trade consistency and control matter more than being correct on every prediction.

[GIF-JOBS]

Failure is always a learning opportunity. When you make a mistake and find a way to correct it, you ensure you won't make it again. And it also serves as a guide for others. From childhood, we learn from our mistakes, at least many of us. Failure can be a new beginning, not the end!

I agree with you, every failure is actually an inspiration to learn anew, and never see failure as your weakness, but rather as a new and real lesson to learn, that is, from every loss you will gain more real lessons, and in this way you will gradually gain skills, you have to gain more knowledge at every moment, people can achieve everything if they want, because nothing is impossible, all you need is your own deep desire and confidence.

[Y3shot]

Trading is not a game of luck. The market can be analyzed very well and the position of a coin can be predicted well.

I agree with you that the market can be analyzed, but what you should know is that even if you take your time to properly analyze the market, then you can’t always be right, no matter how good you are in making analysis, then you will be wrong sometimes, that’s why when you are trading, you should always expect profits and loss, just that you should make sure your profit is more than your loss, if you notice that your loss is more than your profit, then you should know something is wrong, but you can’t be a trader without losing, your analysis won’t always be correct.

Trading can't be guaranteed no matter how it is analyzed, but it is good to have a better analysis in trading because it increases one's chances of making a profit in trading.

Trading can be unpredictable, and there is not always a guarantee that trading will be profitable. When it comes to trading, just try your best to have the right analysis and the right knowledge, and with all this preparation in trading, there will always be positive results.

[SOKO-DEKE]

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.

Despite the fact that we can't always get predictions right as expected, we still can't say that trading is a game of luck. Trading does not fully rely on luck, but rather on certain skills and the level of knowledge one has especially in how well they can analyze the market.it's true that predictions can go wrong sometimes, but with proper knowledge of trading and strong skills, a person won't lose money often. Their level of profit will usually be greater than their losses with proper knowledge.When something relies on luck, it means there are no influencing factors that can be analyzed just like in gambling, especially in a casino. We can say that is a game of luck because it fully relies on chance and requires no real analysis to predict the outcome.

[DiMarxist]

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 made great point here sir, as you said failure is not final, if we decide to read stories and articles online about successful people we will discover that most successful traders, business me and women, have failed so many times but never stopped there, they kept on trying till they get to where ever they are today. What actually matters most in life is learning from the past, I mean those failures you have made and making sure you don masks such mistakes again in future. Like you said, no owe is a champion forever, but I tell you those who don't quit archive their aim at the end.