They are not making money but they continue to trade

[Tetu100]

The thing is that traders are gamblers and for that reason they are used to some certain words that always keep them good even when in deep lost. However, I usually don't take their words serious because if it was truly fine with them evidence should be clear enough to speak for itself.

Personally, I don't expect a trader to come crying like a baby when in lost, because they will always want to defend themselves to avoid being backlash from friends around. But one is sure which is time, this is the only fact that will determine how long they will continue in suffering and smiling. Perhaps, tough experience will make them understand better and to do the right thing by switching to a long term investment plan overtime.

[Agathamay]

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.

The issue of patience when trading is different from the concept when holding.
Most traders trade with emotions even without knowing and end up losing their funds and instead of changing, they start making excuses for their losses and immediately start changing their strategies and I’ve also come to realize that some of these traders who have been in the industry and still not making any realistic profits do their trades without strategies as what they do is, watch the chart whenever they’re about to trade and after few minutes, they believe they’ve gotten a perfect entry point and you know the funny thing about the trading market, it doesn’t respect your thoughts and in most cases those readers end up blaming the broker of unfairness when it’s totally their fault as trader.

[Baki202]

The issue of patience when trading is different from the concept when holding.
Most traders trade with emotions even without knowing and end up losing their funds and instead of changing, they start making excuses for their losses and immediately start changing their strategies and I’ve also come to realize that some of these traders who have been in the industry and still not making any realistic profits do their trades without strategies as what they do is, watch the chart whenever they’re about to trade and after few minutes, they believe they’ve gotten a perfect entry point and you know the funny thing about the trading market, it doesn’t respect your thoughts and in most cases those readers end up blaming the broker of unfairness when it’s totally their fault as traders.

Traders don't really need a lot of patience; the only situation in which they should apply the principle of patience is when it comes to profit, as some people always want to make a profit right away, but that won't work that way. When it comes to holding, it's a different psychology because it will take longer for you to be able to make a profit—not just for a short while, but for at least five to ten years, which is not bad. This clearly illustrates the difference between holding and trading.

It should be easy to distinguish between the two so you can choose the one that best fits your needs. Whichever one you choose, it's important to realize that it's not a quick way to become wealthy. That is one thing people should comprehend because, in my opinion, you should know exactly what you desire when it comes to cryptocurrency. Thus, at this point, I anticipate something better once you have learned about what you want to invest in or even trade. Therefore, it is much preferable to know exactly what you are doing, especially when it comes to trading, since you can make predictions through market research when you know what to do.

[Smack That Ace]

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.

Not all traders are gamblers, but a large part of them really are. Most people trade without clear strategy, risk management and mainly rely on luck to make money. Many people don't even have the knowledge and experience to know what they're doing. They kept trading after each loss, hoping the next trade would recoup their losses.

It's no coincidence that the percentage of losing trader is so high, similar to what we see in gambling. The reality is that many people are essentially gambling but simply do not want to admit it.

[Doll2233]

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.

Here, show and external appearances sell, while inside, they are hollower many those want to be quickly rich always have good attraction with no way of return trading in long run is usually have never been easy and profitable its needs good strategy and strong mind which works without emotions because those are not able to keep themselves level always face problems which bring big loses. Investing in Bitcoin is a completely different thing because here it works better and anyone can enjoy it, but it needs good capital.
Due to the recent rise in price, things are not easily manageable for small investors because their profit is reduced, but if they have patience and also want to stay in for a long time, this could lead them to having better results and good profit. Before entering into trading, always make a good plan that keeps you in balance for having all things in control.
People who are not able to set their goals feel pressure, and this hurts them badly. Understanding of risk management is always important for trading; without having knowledge and understanding, never start any journey.

[Popkon6]

People who show 100% trading success on social media are basically liars, they show their success aspects to attract people and do not show the results of all the trades in which they face losses. I personally have very little success in trading because the market is not always under control, so all the success stories that people talk about are just to fool people and show the truth of trading success and earning more money.
According to that, different people get involved in trading out of greed and those people basically end up facing addiction. But I say from my own experience if you can trade, then do it, besides, you should not enter trading at all by seeing other people's success.

[G_Besar]

People who show 100% trading success on social media are basically liars, they show their success aspects to attract people and do not show the results of all the trades in which they face losses. I personally have very little success in trading because the market is not always under control, so all the success stories that people talk about are just to fool people and show the truth of trading success and earning more money.
According to that, different people get involved in trading out of greed and those people basically end up facing addiction. But I say from my own experience if you can trade, then do it, besides, you should not enter trading at all by seeing other people's success.

Your advice in the last sentence is absolutely valid because a small number of traders in the market today actually enter because they see other people's profits, without remembering that others have also experienced losses. And such people often end up blaming others when they experience losses in the market while trading. That is why every trader must have their own principles and will when entering the market to trade without being influenced by anything because every decision we make while in the market is clearly based on our own desires, not based on the desires of others.

[Taricoins]

Well, fear is good thing that helps man even though the way we react about it is different. People do fear things they don't know, if you a trader learn about trading and something goes off, the first thing to do is not to run immediately, the first thing you are going to consider is to check where the problem comes from, if the problem is from the market, there is nothing bad in exiting the markets, leave before the market leave you with loss but if it's from you, amend your mistakes and continue.

I really vibed with this initial part, alot of people give excuses for a failed trade instead of looking for the problem and finding sustainable solutions to it and that's the biggest lesson I have come to understand. Personally am more into investment than trading but started with the later. I think the problem I had in the early years of my trading was what other people told and things I saw on fake stream media's, sometimes I copy trades that were terrible but just followed up because I was oblivious, until I had to study and understand it on my own before it started getting better. Advice is don't rush for profit, it's not a lottery

[Ayers]

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.

gambling is different from trading, but the problem is that many traders are acting more like gamblers than actual trader. they trade without proper knowledge or a strategy, and try to win back their losses after every bad trade without following discipline.
you can't call someone a trader just because they're participating in the financial market.

there's nothing wrong with taking losses while learning and gaining experience. but don't use that as an excuse to justify your ongoing losses. know when to stop and don't let thing get out of hand.

[nara1892]

Usually, these are traders who refuse to admit their mistakes and are unwilling to make changes; they will never make any progress because their acknowledgment of these mistakes is nothing more than empty words they never truly evaluate and address the root causes of the problems.
Simply put, they do not use those processes and negative experiences as lessons, and from this I can also conclude that they are too lazy to learn and improve their knowledge and skills.

[Out of mind]

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.

Experienced people in trading also face losses many times, but those who face losses continuously cannot change themselves in any way. Basically, they cannot be patient after losing in trading, so they try to make excuses in various ways. Those people face losses who cannot manage themselves properly and cannot analyze the market well, yet they go for profit in trading. There are some people who think that they may become experienced at some point in trading, but this is no longer possible due to their lack of patience and education. The more experience they gain in trading, the more they will move towards profit in the future. Patience is important in trading, but people who enter the market every day are not patient at all. If they are patient, they will definitely trade two to three times a week, otherwise they will start analyzing the market well, but if they do not do so, it is completely the opposite. To be successful in trading, patience is definitely needed and one should not enter the market without experience, one must have good skills about the market to be profitable.

[Byebyebtc]

Wether you like it or not, there are people that still make fortune from trading,

You need some level of knowledge to know that trading pays too, yes the rate of people who loose money is higher than the winners, but regardless saying the whole trading stuff is fake or it doesn't pay at all is one thing I would not support.
Trading is not for everyone, and for those who find their self doing it, still go because they believe if they keep on learning new things every day and put in the effort, there is a good chance they will make money too.

It is a very difficult skill to learn, but I don't see how difficulty turns to impossiblity

Do you advise one to go for trading? May be "NO" and that is totally fine, but that doesn't mean people don't make money in it, people are profitable and they make money too.
And for those trading, if they keep on adjusting and blending well with the market they will get system that will enable them to be profitable and as a result they win

[Inwestour]

People who show 100% trading success on social media are basically liars, they show their success aspects to attract people and do not show the results of all the trades in which they face losses. I personally have very little success in trading because the market is not always under control, so all the success stories that people talk about are just to fool people and show the truth of trading success and earning more money.
According to that, different people get involved in trading out of greed and those people basically end up facing addiction. But I say from my own experience if you can trade, then do it, besides, you should not enter trading at all by seeing other people's success.

It's possible to make a profit in trading, there are just many requirements that must be met, starting with the requirement to trade only spot and never get involved in futures, and ending with the requirement to only trade with money you can afford to lose. And trading also involves many losing trades that will wipe out your profits, and it will take time to recoup these losses with profitable trades. Therefore, trading is a very difficult activity to make a profit from.

[Dreadboost]

The thing is that traders are gamblers and for that reason they are used to some certain words that always keep them good even when in deep lost. However, I usually don't take their words serious because if it was truly fine with them evidence should be clear enough to speak for itself.

Personally, I don't expect a trader to come crying like a baby when in lost, because they will always want to defend themselves to avoid being backlash from friends around. But one is sure which is time, this is the only fact that will determine how long they will continue in suffering and smiling. Perhaps, tough experience will make them understand better and to do the right thing by switching to a long term investment plan overtime.

Same old mentality that never changes. Tetu, I do not agree that traders are gamblers. Call a spade a spade. Traders have hope of making a profit, but gamblers do not, because many things can influence the outcome for gamblers. 

Anyway, I do not want to teach you the difference between traders and gamblers because this is not the first time this debate has been had in this forum. You have made the decision not to believe that some traders know what they are doing, which is why they make a profit. 

Pack your bags and move to an environment where professional traders exist. The evidence will be there that these guys make a profit. Forget about the scammers you see online.

[Abdulzuruku01]

What I noticed about traders is that they will advise you to be very patient but they are going against their own patient decisions. I have many of them around me but they are not doing what they are saying. All what they want is huge money and frequent money making strategies that can give them almost daily return during week days.

This is one of the biggest problem in trading. If you are the type that's impatient and only focus on making quick money, that's a red flag for that traders. That always put their funds at higher risk because there's no way such traders won't trade with eagerness. Whenever a trader tries to trade with emotions the results always lead to burning of their funds.

People who show 100% trading success on social media are basically liars, they show their success aspects to attract people and do not show the results of all the trades in which they face losses. I personally have very little success in trading because the market is not always under control, so all the success stories that people talk about are just to fool people and show the truth of trading success and earning more money.
According to that, different people get involved in trading out of greed and those people basically end up facing addiction. But I say from my own experience if you can trade, then do it, besides, you should not enter trading at all by seeing other people's success.

You really said the truth about inexperienced traders on social media. I called them inexperienced because that's what they are, and that's why people must avoid them. One thing about this social media traders they will never show you their losing trades, they will only show you how they become successful in trading which is just a lie, because they know thats how they will attract newbies who are eager to make quick money in trading without proper knowledge.

[Dareo]

The thing is that traders are gamblers and for that reason they are used to some certain words that always keep them good even when in deep lost. However, I usually don't take their words serious because if it was truly fine with them evidence should be clear enough to speak for itself.

Personally, I don't expect a trader to come crying like a baby when in lost, because they will always want to defend themselves to avoid being backlash from friends around. But one is sure which is time, this is the only fact that will determine how long they will continue in suffering and smiling. Perhaps, tough experience will make them understand better and to do the right thing by switching to a long term investment plan overtime.

I don't think it's fair to call all traders gamblers, because many trade with a plan and risk management. The problem starts when you try to justify your decisions even after a loss, then instead of admitting your mistaks you may tend to make up for your previous losses with more money. I think time is a really good judge here.  Skill is not proven by a few wins but by being able to manage risk by following the same rules for a long time.

[Rengga Jati]

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.

If someone loses money for months on end consistently. It clearly indicates that something is wrong with their approach. They may be impatient, undisciplined, or prone to panic. In addition, they may be also lack the necessary knowledge and trading skills. Consequently, they are unable to evaluate the reasons behind their failures. If they were actually learning how to trade. They will be able to assess their past mistakes. And they conduct a more careful, detailed analysis. If they keep losing money for months without making a single profit, it suggests they are not learning at all. They are simply trading based on luck. This is akin to gambling. Or,  perhaps even an addiction. Driven by high hopes for success.

[Donk1]

I think traders with such a mindset lack true awareness. If they were fully aware they would understand the fundamental of trading basically, individual wins or losses don't define a trader's progress. Because of that traders are supposed to take calculated risks so they can gain real market experience have a solid strategy, and eventually be able to manage larger positions in the market efficiently.

Whether the person is a swing trader or a day trader it doesn't change the fact that in reality, what actually matters is whether a trader is genuinely aware of their execution and risk management rather than creating excuses like patience. It’s easy to say for me, trading isn’t a job no matter how you see it. It will only become a profession to you as an individual once you achieve consistency and capital management to an extent where you can call yourself a pro then perhaps you can consider it a source of income. That's all.....

[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.

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.

trade is not always risk free no matter how experience you are you will always encounter lost,

I would say 80% of my trade has been lost that's why I recommend holding it's profitable if you could be patient
Discipline and focus

[Solokan]

I once experienced constant losses when trading, constantly depositing, and ultimately losing money. My reasoning was that trading allows us to make money easily. When I lost, I used the loss as a learning experience so I wouldn't lose again in the future. Finally, I've learned from my past trading losses and learned the reasons for my losses. Fortunately, I don't lose much now because I learned from my experience.

So, in essence, people can continue trading even if they don't make money because they have the goal of learning from losses. Many people who are good at trading used to lose a lot. But I do feel that trading can be addictive, even though we keep losing, and I'm also surprised by that. It could be that some people continue trading despite losing because they're addicted to trading.