They are not making money but they continue to trade

[puloweh555]

Gyms are available everywhere  but are all the people who go to the gym are in proper shape. No.  It means access alone does not guarantee results. Same applied to trading as well  many traders do not fail because of patience alone. Sometimes the hard truth is that their strategy has no real edge in the market. I also noticed that many peoples also compare trading with investing. But if i see investors they can hold quality assets for years and let time work for them  while traders often expect profits every day or every few hours from market . If someone constantly wants quick returns  it is hard to call that patience. In reality the market does not care about efforts or screen time. If trading is truly profitable  it should eventually seems in a person's financial life or in there portfolio. Otherwise  they may be mistaking hope and excuses for progress.

The example you gave about the gym is very easy to understand. When we go to the gym in the same place with the same equipment, take the same supplements and do it regularly, but it doesn't create the ideal body like others. This isn't because we're impatient, but because the exercise program is ineffective, perhaps due to frequently changing methods and other factors.

This is exactly the same in trading. Trading isn't just about patience or impatience, but because the strategy you're using is untested and you never evaluate it. Perhaps you're trading based on a gut feeling, or overtrading because you're bored or want to get rich quick, or there are many other factors to consider. Yes, the market doesn't care about you even if you stare at the screen every day. So, the winners in the market are those who have small but consistent advantages, execute with high discipline and manage their risk very well.

[Powerjumboo]

If they continue trading without making a profit, then why are they patient? They have no trading experience. They are trading only on the basis of speculation and are making losses. To be a trader, you must have trading experience, trading strategy, patience, etc., and not be overly greedy. If there are only losses on the trading platform months after month, then they should not be trading because they are leaving trading completely to luck, where it can be said that their trading is like gambling.

[leonair]

Why are people losing in trading but they find excuses that it is because they are not patient, not following their rules and just a little correction should be done. After few months passed, they continue to lose but they still give an excuse or excuses.

Why are they saying trading is profitable but it is not showing in their lives like people that just do not bother but patient and make money from holding.

They will say trading requires patient but are they patient when they want to earn money always within few hours daily.

Trading is not easy to succeed in. Because trading is not an easy thing. That is why it is said that trading is not for everyone. Those who find out the reason for their losses after losing repeatedly and try to learn something by looking at their mistakes are basically considered experts later. You cannot learn anything right until you make mistakes. Only when you make mistakes will you understand what corrections you need to make. However, not all traders make mistakes just to learn, some keep losing without realizing it and blame their luck. Trading is a kind of skill, for some it is a kind of addiction

[Chilwell]

If they continue trading without making a profit, then why are they patient? They have no trading experience. They are trading only on the basis of speculation and are making losses. To be a trader, you must have trading experience, trading strategy, patience, etc., and not be overly greedy. If there are only losses on the trading platform months after month, then they should not be trading because they are leaving trading completely to luck, where it can be said that their trading is like gambling.

That is how they are defining trading, a lot of people see trading as gambling because of their ignorance and that is why they lose a lot, the only thing that normally deceive them is the video of influentials telling them that trading is very easy and you can make a lot of money not knowing that you have to have good strategy and also patience before you can make it in trading.

I don't even know what newbies are looking for in trading because it is not meant for them at the beginning because they lack the knowledge of it which is why the best thing for them is to invest in Bitcoin and by mentality of holding, if they are choose to invest in Bitcoin for a very long time gradually they will get to understand trading more and also save themselves of losing too much.

[Ihedioral]

Why are people losing in trading but they find excuses that it is because they are not patient, not following their rules and just a little correction should be done. After few months passed, they continue to lose but they still give an excuse or excuses.


Lolz it's really funny 🤣 trading it's not just about patients, the question should be do they actually understand the kind of trade they got dem self into before investing


Why are they saying trading is profitable but it is not showing in their lives like people that just do not bother but patient and make money from holding.


   You need to understand trading is not just bed of roses always expect loses.  Looking into holding I will say it more more better but the question is how long could you hold


They will say trading requires patient but are they patient when they want to earn money always within few hours daily.

  How willing are you to risk it all ,

Trade don't just require patient you need to understand how the market works , at least have a 80% strategies that would work for you effectively not just risking it and got lost at all point
 

[noorman0]

If they continue trading without making a profit, then why are they patient? They have no trading experience. They are trading only on the basis of speculation and are making losses. To be a trader, you must have trading experience, trading strategy, patience, etc., and not be overly greedy. If there are only losses on the trading platform months after month, then they should not be trading because they are leaving trading completely to luck, where it can be said that their trading is like gambling.

Fundamentally, discipline is a crucial requirement for trading, and it requires patience. Patience isn't about waiting for big profits while small losses continue to erode discipline.
Maintaining discipline is difficult, especially consistent with leverage and margin limits, and maintaining positions according to initial setups as emotions and moods begini to change.

[kawetsriyanto]

How willing are you to risk it all,
Trade don't just require patient you need to understand how the market works , at least have a 80% strategies that would work for you effectively not just risking it and got lost at all point

You're right. It isn't only about patience. Basically, trading is about knowledge or skills. So, it will depend on the ability of the individual. Doing analysis and determining effective strategy are actually the main points in trading. Sure, this also means a trader must know well how the crypto market works. This needs deep understanding about crypto market. In this way, the chance to succeed with be higher because doing everything in a proper way.

[Pressurizedem]

They are basically trading because they are now addicted to it, or should I say they are used to failing or losing? That isn't even the case, the case is that they just dont want to stop because they lost, they want to still keep trading because they have hope that anything can be possible.  This is so similar to gambling because in gambling, the same thing happens, when we feel like quitting, we still think of the fact that quitters never win, and winners never quit. Everything has a price, and maybe the price of trading and gambling is patience, perseverance, hope and never quitting.

Despite the fact that they aren't making money now, I think everyday is not always a bad day, there are some days when you will win, and if you invested big on that day, you can probably recover all the money you've spent or wasted before in trading or gambling. Therefore, it is advisable never yo stop trading, instead, learn more tactics, look for an experienced mentor to teach you how to trade because everything has a secret, there are some persons who trade everyday, and are making lots of money in that same trading you are feeling there is no gain. So instead of trying to quit, or giving up, you should do more research, learn more about  it and be a better trader.

[Ishicryptic]

How willing are you to risk it all,
Trade don't just require patient you need to understand how the market works , at least have a 80% strategies that would work for you effectively not just risking it and got lost at all point

You're right. It isn't only about patience. Basically, trading is about knowledge or skills. So, it will depend on the ability of the individual. Doing analysis and determining effective strategy are actually the main points in trading. Sure, this also means a trader must know well how the crypto market works. This needs deep understanding about crypto market. In this way, the chance to succeed with be higher because doing everything in a proper way.

Just merely being patient in trading doesn't guarantee any profits, it is being patient enough to determine the right time to enter your trade is what matters so newbies shouldn't only rely on the advice that trading requires patience, it also requires knowing when to act. What most newbies lack is sufficient knowledge about the market therefore knowing the technical analysis is crucial including fundamentals too before having the right mindset and patience to trade effectively. Trading is one of the most riskiest businesses that I know because a simple mistake can drain your account in seconds that is why it is important to learn trading from experienced professionals before trading with your hard earned money.

[Youngrebel]

In some cases those are not excuses they are actually real facts and traders know exactly why they are not making any profit, it might not have anything to do with patience but it might have a lot to do with them not following the trading plans that they have or perhaps they always get carried away by greed. But it is agreeable to say that some traders are being delusional because no matter how many times they keep losing instead of them to take a step back and reevaluate what they are doing they keep on making excuses to continue.

[WilliamCarter]

spot on breakdown, so many ppl out here preaching patience when they're really just masking mindless gambling and a total lack of edge. market doesnt give a shit if u stare at screens all day with zero system, and if u wont audit ur own win rate or risk boundaries ur account is just gonna get farmed. real money in this game isnt made on blind hope, its built on cold discipline and hard risk management. once ur brain gets hijacked by sunk cost fallacy and u cant walk away, u're basically just speedrunning a blown account

[Jasmyne]

Honestly I see traders as gamblers, no matter how much they keep losing, they will keep on trading. To them is still same as gaining more experience in trading and it’s so hard for a trader to have patience, no matter how they look at it or how much patience they advice others to have, and why it’s like that is because any small fluctuation in price, makes them panic easily.

[Anthony Bill]

Anyone that told you that trading require patient he or she is telling you the truth despite the situation you find yourself at the moment. When you apply patient in your Bitcoin trading it will allow you to see your mistakes and never to repeat the mistakes than to follow favourable strategy that will make other traders to see you as an experience trader in the market.

[Dareo]

-snip-

This is where the problem lies, those who start trading as their main source of income but expect to make regular profits within a few hours, then when they lose, they make excuses for not having patience or following the strategy. However day trading itself is very high risk and can lead to big losses in a short time. Suppose someone trades for 8 hours a day and their account is negative after a few months, then just saying they need more patience will not solve the problem. It is also necessary to question whether there is really a statistical edge in their strategy.  Trading can be profitable but it is not an automatic income source for everyone.

[cxtreenal]

Why are people losing in trading but they find excuses that it is because they are not patient, not following their rules and just a little correction should be done. After few months passed, they continue to lose but they still give an excuse or excuses.

Why are they saying trading is profitable but it is not showing in their lives like people that just do not bother but patient and make money from holding.

They will say trading requires patient but are they patient when they want to earn money always within few hours daily.

Basically who come to this platform for trading have a kind of imitative attitude. They have seen the profits of another experienced trader and want to make profits in the same way. The initial period of trading is spent by observing him, but when he does not get the expected results, they make various excuses. They needed to realize that there will be no compatibility between one trader and another. Everyone has different earning capacity and spending limits and differences in strategies, so the tendency to imitate others is more likely to not be successful.

You mentioned the need for patience for trading, I would say that instead of wasting time learning trading, invest in Bitcoin for the long term and put in a decent portfolio. As a result of this long term Bitcoin accumulation, you will be able to learn patience and be aware of the risks of long term investment and trading in the market. It will be easier for you to make the right decisions later.

[Webutxo]

Anyone that told you that trading require patient he or she is telling you the truth despite the situation you find yourself at the moment. When you apply patient in your Bitcoin trading it will allow you to see your mistakes and never to repeat the mistakes than to follow favourable strategy that will make other traders to see you as an experience trader in the market.

This is true but it's not applicable in all trading. There are days that I want to do intraday, I don't work with patient but timing. There are some pairs of trade that comes with volume and volatility, I open trade depending where it's going and once I get the percentage I'm looking for that particular day, I don't bothered hold it again. I closed the trade and goes to the next trade. That's how I enter some market and I don't even have patience to hold it for long.

You know what's dangerous with some trades, they are very manipulated that you hardly keep the position because one 1 hour there is spike with huge volume and the next minute again the market close another candle with red. If you don't take the profit on time, you will either be liquidated or you may lose everything your stop loss. Most times, if you keep getting stop out, your capital will continue to depreciate until you lose everything to the market.

[Issa56]

Honestly I see traders as gamblers, no matter how much they keep losing, they will keep on trading.

Gambling is completely different from trading, and not everyone thats losing will keep on trading. For people that will tell you they gaining experience, most of them won’t really be trading with huge amount of money, and I don’t think their is anything bad in that. If you really want to be a professional trader, then you will have to keep on practicing, but in the process of practicing, you have to be doing that will just little amount of money, after you have been able to get a strategy that works better for you, then you can decide to increase the amount you are trading with.

why it’s like that is because any small fluctuation in price, makes them panic easily.

Real traders don’t panic just because of fluctuation in market, they already know it’s normal, and there is nothing to panic about. Maybe newbies are the ones that will panic, and I think it’s normal for newbies to panic because they not use to it.

[LastKiss]

Honestly I see traders as gamblers, no matter how much they keep losing, they will keep on trading.

Gambling is completely different from trading, and not everyone thats losing will keep on trading. For people that will tell you they gaining experience, most of them won’t really be trading with huge amount of money, and I don’t think their is anything bad in that. If you really want to be a professional trader, then you will have to keep on practicing, but in the process of practicing, you have to be doing that will just little amount of money, after you have been able to get a strategy that works better for you, then you can decide to increase the amount you are trading with.

Yeah losing money is normal whether we invest our money in an asset, trading, making a business, etc. losing money on trading won't make us gamblers, just like you said there's a process that we need to go through to gain experience, the feeling when seeing the chart when you're a experience trader will be different to new trader, such like "I've seen a price action like this in the past" then you go check the past price movement.

The one trader who is gonna be called a gambler is someone who doesn't use TA in their trading activity. They open a position based on feeling without knowing the reason, they open a position because FOMO when see the candle going green at that time.

[free-bit.co.in]

Yeah losing money is normal whether we invest our money in an asset, trading, making a business, etc. losing money on trading won't make us gamblers, just like you said there's a process that we need to go through to gain experience, the feeling when seeing the chart when you're a experience trader will be different to new trader, such like "I've seen a price action like this in the past" then you go check the past price movement.

The one trader who is gonna be called a gambler is someone who doesn't use TA in their trading activity. They open a position based on feeling without knowing the reason, they open a position because FOMO when see the candle going green at that time.

Losing money in trading does not immediately make you a gambler. But if you keep losing for a long time and justify it by saying its just part of the journey to becoming a professional trader. You refuse to admit that you've failed and that trading isn't for you, even when it's time to stop. At that point, you're not just gambling anymore, you may even be addicted to it.

A trader can lose money, but they need to know their limits and know when to stop. Persistence is necessary, but stubbornly sticking to decisions that keep leading to losses isn't persistence.

Knowledge won't protect you from addiction, because addiction is about behavior and selfcontrol, not simply a lack of knowledge.

[liasbaa]

Why are people losing in trading but they find excuses that it is because they are not patient, not following their rules and just a little correction should be done. After few months passed, they continue to lose but they still give an excuse or excuses.

Why are they saying trading is profitable but it is not showing in their lives like people that just do not bother but patient and make money from holding.

They will say trading requires patient but are they patient when they want to earn money always within few hours daily.

They promote trading as profitable but in reality they want to make others suffer the same losses after losing themselves. If you ask an experienced trader for advice, some will be annoyed with you and most will not give you good advice. You do not need to have a great degree to understand and learn about trading. Initially start investing in Bitcoin for the long term, be involved in market analysis. After holding a satisfactory amount trade at a level that is comfortable and consistent with your experience and set stop losses.

Trading not only requires patience but also an additional amount of funds that you can afford to lose or that you will not need soon. To learn to practice patience, you need to learn to practice long term Bitcoin investing and use dollar cost averaging as a strategy.