They are not making money but they continue to trade

[uneng]

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.

Probably you heared from someone that it was possible to make consistent profit from trading, and that losses you faced were due to lack of experience and knowledge, so you kept trying again and again hoping to have finally understood how to make it right.

After all, it's not different from gambling. Newbies tend to believe it can be adopted as full time job or side hustle, and that losses are just part of the learning process until mastering the activity.

What happens is that there are some people who encourage trading, but they don't trade at all. Rather, they profit from referral comissions on exchanges and selling signals, tips or courses in closed groups for people interested in becoming traders.

[Leahized]

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.

I undoubtedly believe that, not every trader should be labelled as a gambler. But from your opinion, it is completely clear that these behaviours exist within an addicted gambler. In trading, one must acquire sufficient knowledge and skills alongside risk management. Failing to study this will indeed make it impossible to trade in an orderly and flawless manner.

My strong advice for, this is to study continuously and develop your skills through a demo account. Additionally, if you are not financially strong enough, you should not waste money through trading. Instead, investing in Bitcoin is the best option, as patience and courage are the keys to success here.

[shawonngp]

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.

I will never believe that if a trader is 100% successful in trading, it must be a lie, because trading is full of uncertainty; no one can guarantee profit here, even with many years of experience. Many social influencers claim they have made 100% profit and sell paid subscriptions to claim they can succeed in trading, which is deceptive. I don't think anything on social media is trustworthy, so don't trust an influencer's paid trading course. The crypto market is beyond our control, so no one can say when it will go up or down. How do they ensure 100% profitability?