They are not making money but they continue to trade

[batang_bitcoin]

Scalping can work only for some people but it won't work for the most of us. Opening positions that aims to earn less and compiling it all for the amount of your goal is a good one. You don't have to win that much with every trade that you open but IMO, it doesn't have so much difference from winning one particular quality trade and just calls it a day and you're done. But this depends on the trader, either way both can be lucrative and just test which one is effective as you scalp. Someone who's good in holding doesn't have to do this when they are sick of taking risk everyday.

For scalping, just simple huge price volatility could be a disaster for the trader. Thinking of opening and closing of the trade within short period of time will encourage the use of high leverage. The market can suddenly be volatile. If the trade is not favoring the trader, but he is losing and he did not set stop loss, he will lose huge amount of money. One of the trading types I do not like is scalping. The shorter the time need for s trade, the more I do not like it because they are more risky. Swing trading, position trading are very good. Even day trading is not that simple, it is highly risky.

And that problem has been common to many scalpers, they're forgetting to set stop loss especially when the market is so very volatile that moves tremendously in less than 24 hours. Someone can be good at it but, as I have said that it's not for all of us. Anything that relates to trading is risky but if someone don't want to do it anymore, they can choose to be a holder and there's lesser risk with that and no need to be too specific on analysis.

[Moreno233]

For scalping, just simple huge price volatility could be a disaster for the trader. Thinking of opening and closing of the trade within short period of time will encourage the use of high leverage. The market can suddenly be volatile. If the trade is not favoring the trader, but he is losing and he did not set stop loss, he will lose huge amount of money. One of the trading types I do not like is scalping. The shorter the time need for s trade, the more I do not like it because they are more risky. Swing trading, position trading are very good. Even day trading is not that simple, it is highly risky.

And that problem has been common to many scalpers, they're forgetting to set stop loss especially when the market is so very volatile that moves tremendously in less than 24 hours. Someone can be good at it but, as I have said that it's not for all of us. Anything that relates to trading is risky but if someone don't want to do it anymore, they can choose to be a holder and there's lesser risk with that and no need to be too specific on analysis.

I don't support this type of trading because of the risk involved,  I'm more of a long term investor due to the ease that long term investment offers. For those that are in a rush to get rich within a short time, the risk is highly multiplied when they expose all their equity to risk through trading without protective stops. Bitcoin is a very volatile asset that can move hundreds of pips within a very short time so taking a position without putting protective stop is suicidal.

Like I said before, it is always safer and better to consider investing and holding and not trading for  some quick profits at the expense of losing the capital.

[HajiBagi]

But there is some truth to the fact that if you start making short-term trades impatiently, you're even more likely to lose your money even faster.

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.

No all traders do what they told you, that is why you can not believe everyone when it comes to trading, because when you lose, you are the one that loses your money, not them, that is why as a trader you need to the best thing that can help you to get a good profit, as a trader you needs to know that you started a journey that you are going to lose money and also earn but you don’t when you will lose and how much you will gain, that is why it is very risky than investing in bitcoin and hold for a long time, trading is not for the weak, you can lose money any time and you can make a good profit at any time, but also depends on patient, because you must be patient before you achieve your goal.

[Out of mind]

But there is some truth to the fact that if you start making short-term trades impatiently, you're even more likely to lose your money even faster.

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.

No all traders do what they told you, that is why you can not believe everyone when it comes to trading, because when you lose, you are the one that loses your money, not them, that is why as a trader you need to the best thing that can help you to get a good profit, as a trader you needs to know that you started a journey that you are going to lose money and also earn but you don’t when you will lose and how much you will gain, that is why it is very risky than investing in bitcoin and hold for a long time, trading is not for the weak, you can lose money any time and you can make a good profit at any time, but also depends on patient, because you must be patient before you achieve your goal.

It is an undeniable fact that trading without relying on your own analysis and personal strategies will lead to losses. Consequently, trading based solely on another trader's advice without conducting your own analysis carries significant risk. You stand to profit if you maintain a comprehensive understanding of candlestick movements while trading. Therefore, while employing personal strategies can help mitigate risk, it is best to avoid doing so if you lack the necessary knowledge. In that case, opting for an investment-based approach would be a sound plan for you.

[batang_bitcoin]

And that problem has been common to many scalpers, they're forgetting to set stop loss especially when the market is so very volatile that moves tremendously in less than 24 hours. Someone can be good at it but, as I have said that it's not for all of us. Anything that relates to trading is risky but if someone don't want to do it anymore, they can choose to be a holder and there's lesser risk with that and no need to be too specific on analysis.

I don't support this type of trading because of the risk involved,  I'm more of a long term investor due to the ease that long term investment offers. For those that are in a rush to get rich within a short time, the risk is highly multiplied when they expose all their equity to risk through trading without protective stops. Bitcoin is a very volatile asset that can move hundreds of pips within a very short time so taking a position without putting protective stop is suicidal.

Like I said before, it is always safer and better to consider investing and holding and not trading for  some quick profits at the expense of losing the capital.

Being a trader and an investor are different thing. But just as you, I support what you've said that I am also a long term investor and trading is lately have to be the one activity that I have to lessen. I don't think that traders think that they're going to be rich over time. They're not like that because what's on their mind is to just have some profits but, IMO they're also like us that have long term vision and that's why they have been holding as well. If some profits they have made is there, they'll have to move long it with their holdings.

[Doll2233]

No all traders do what they told you, that is why you can not believe everyone when it comes to trading, because when you lose, you are the one that loses your money, not them, that is why as a trader you need to the best thing that can help you to get a good profit, as a trader you needs to know that you started a journey that you are going to lose money and also earn but you don’t when you will lose and how much you will gain, that is why it is very risky than investing in bitcoin and hold for a long time, trading is not for the weak, you can lose money any time and you can make a good profit at any time, but also depends on patient, because you must be patient before you achieve your goal.

Trading is always have double face because what they are showing its been never happen even traders are living stressful life due to volatility and nature of trading which is never been easy to predict about how things are going its always keep move and need good changes in strategy in long run.
Mostly people have big losses just because of this; it's never been recommended. Always keep things in balance and have distance as well because this gives some better way and time to rethink and keep things in control. Bitcoin in the long run has never been risky, but still it also needs a good strategy. Without having any strategy and proper work before starting, people are always in trouble. Few tag this as a jackpot; if someone is having good profit, he needs to have good timing and needs to stay away for a long time.

[oll]

If a trader is constantly engaged in trading but loses money as a result, they need to review their money management. Most likely, they are taking on positions that are too large, after which they are unable to manage them - I mean averaging them out or simply closing them as unsuccessful trades. Generally, in my trading style, I’m against closing trading positions. I believe that any such position can be averaged out, and eventually it will become profitable - after all, Bitcoin always updates its ATH.
But, of course, if someone entered a position at 120,000, they’ll be in a tough spot, and they’ll have to wait the whole time.

[Su-asa]

The fact is that there are people that continue to trade even though they are incurring losses but they know that if they make a few adjustments and remain consistent they would finally become profitable, that actually works but there are also traders that are wasting their time and money. The reason why I'm saying this is because most people incur losses and don't check the reason why they lost or try to change their approach, they continue making the same mistakes and end up not learning from them.

[Ojima-ojo]

The reasons that they give might actually be valid but trading isn't something that's easy and In order for you to get it right you must be consistent with it. You might not be making profits from trading and continue to trade not because you are throwing your money away on purpose but with every mistakes that is made you use it as a means  to gradually improve. I'm not saying that trading should be a constant losing spree because if that's the results some people get it means that something is wrong. Traders that don't learn from their mistakes cannot really become better when it comes to trading or hodling.

Many traders are not making profits from their trading, but is not also that they are losing their capital to their trading, the thing with skills in trading is that, it helps you to avoid losing your capital but may lose back your unprotected profits that you may have made in your previous trades, so we can conclud that such trader's are losing they money to trading.


Also is important to note that the loses that we incured during trading is the price we pay to get the lesson from trading that can help us to become a better trader from the next action we take based on the previous experience.

[Dzwaafu11]

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.

This is indeed a reality I often encounter in my own circle. But the difference is that the people I know who failed at crypto trading after a few attempts mostly gave up afterward and stopped trading crypto altogether. Usually, they shifted toward investing instead for example, just in Bitcoin. And they began to focus more on their jobs and earn money from there.
But if someone keeps trading without ever giving up yet continues to suffer losses, I think they’re like someone who doesn’t learn from their mistakes. Because I believe that if trading is taken more seriously, a person should improve the more experience they gain in the market.

Many of this peopke are newbie trade and that is what they will keep saying, instead rhey should check their trade and kmow where there problem is coning from they don't boarder to know that is whybuou will see trader without successful trade, but keeping doing it for a long.

The best to solve this problem is only to know where you as a trader is lacking that is coursing you to be loosing money. Although, the problem is the fact that when someone don't know and don't care to know, and that is why some people keep loosing, when the DZA is even best way to inves

[Sonia_123]

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 are gambling with their funds all in the name of trading, they feel they can still make more money because of greed they have in them, they are not satisfied with what they have and in return losses the little they have to trading .

Trading has to do with experts in other for you to be successful if not you turn into a gambler without focus or direction till you  are able to understand it and start all over again which might be full of regrets and you might not want to continue because of the huge loss you must have incure, in past. .

[Stable090]

If a trader is constantly engaged in trading but loses money as a result, they need to review their money management.

If you are constantly trading, and you keep on losing, firstly I will encourage the person to take a break from trading, they should be relaxed, and they should go I on other things in life. If you are trading and losing  frequently, then you will have to check our trading strategy, you will have to figure out where why you are losing more in trading, and possible ways to solve the problem. If your strategy is no longer effective you going to be losing mostly. If you don’t have the right strategy, and you want to force yourself to continue trading even when you are losing, you just going to end up regretting.

[Texac]

If a trader is constantly engaged in trading but loses money as a result, they need to review their money management.

If you are constantly trading, and you keep on losing, firstly I will encourage the person to take a break from trading, they should be relaxed, and they should go I on other things in life. If you are trading and losing  frequently, then you will have to check our trading strategy, you will have to figure out where why you are losing more in trading, and possible ways to solve the problem. If your strategy is no longer effective you going to be losing mostly. If you don’t have the right strategy, and you want to force yourself to continue trading even when you are losing, you just going to end up regretting.

Instead, my advice would be to stop trading, and maybe just stay away from it for good.

If you keep losing and have already spent a lot of time on it but nothing really changes, maybe its time to accept that trading just isn't for you and stop before thing go too far.

Not everyone has what it takes, and just working hard and sticking with it doesn't mean you're gonna become a profitable trader.

Knowing when to stop is a skill a trader needs too.

[Popkon6]

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 the result of high research, only those who can do good market research will be successful in trading, when you trade, the market situation will not be in your favor. That is why trading is the most risky and because of which people lose money because many people take up trading without understanding the market situation to earn money in a short time.
However, investing is a very good and effective method, if you can follow the strategy and keep Bitcoin investment for a long time with patience, then the chances of being profitable are high. So in this situation, I think Bitcoin investment is the most attractive and best, where most people prefer investment over trading.

[Qhunman]

The fact is that there are people that continue to trade even though they are incurring losses but they know that if they make a few adjustments and remain consistent they would finally become profitable, that actually works but there are also traders that are wasting their time and money. The reason why I'm saying this is because most people incur losses and don't check the reason why they lost or try to change their approach, they continue making the same mistakes and end up not learning from them.

If i am experiencing losses,i will stop trading at once and then find out what I haven't been doing that is making me to incur losses in most of my trades. If i can't figure out it myself,I will seek help from someone who is more knowledgeable than i am. Some people are too pompous to admit their mistakes,even when they losing and someone who is more knowledgeable than them tries to correct them they still won't accept. However, loses is a normal thing but when it becomes too much means there's something that you haven't been doing well,so it now left for the trader to figure it out himself and make necessary adjustments or seek help from a professional.

[junder]

The fact is that there are people that continue to trade even though they are incurring losses but they know that if they make a few adjustments and remain consistent they would finally become profitable, that actually works but there are also traders that are wasting their time and money. The reason why I'm saying this is because most people incur losses and don't check the reason why they lost or try to change their approach, they continue making the same mistakes and end up not learning from them.

But supposedly profits can be obtained without having to stay up late, it's just about our own working hours. I personally prefer to work at night because it makes me comfortable so I choose to swap my sleep hours from night to day. But it can actually be changed if we want to. If it has become a habit to stay up late but produce in my opinion it does not matter because everyone's working hours are different. Sometimes there are people who say if they do not wake up in the morning then they will not get income, they do not see the fact that not everyone works during the day because there are some people who are looking for profits while others sleep, and one of them is a trader.

[Nrcewker]

after all, Bitcoin always updates its ATH.
But, of course, if someone entered a position at 120,000, they’ll be in a tough spot, and they’ll have to wait the whole time.

I dont think OP was specifically referring to trading with Bitcoin. I feel like with Bitcoin what you can do is scalping that is use a good amount of leverage and take profit within 30 seconds. This is very risky but yes, if done properly by analysing whether to go long or short, then this can definitely generate good profits.

Now regarding OP’s concern then yes, traders keep making excuses when they lose. They do it simply because they still believe they have potential and that trading can actually change their lives. I think its alright as long as you are able to survive and manage your finances. After all people learn from their mistakes only.

[nara1892]

The fact is that there are people that continue to trade even though they are incurring losses but they know that if they make a few adjustments and remain consistent they would finally become profitable, that actually works but there are also traders that are wasting their time and money. The reason why I'm saying this is because most people incur losses and don't check the reason why they lost or try to change their approach, they continue making the same mistakes and end up not learning from them.

If i am experiencing losses,i will stop trading at once and then find out what I haven't been doing that is making me to incur losses in most of my trades. If i can't figure out it myself,I will seek help from someone who is more knowledgeable than i am. Some people are too pompous to admit their mistakes,even when they losing and someone who is more knowledgeable than them tries to correct them they still won't accept. However, loses is a normal thing but when it becomes too much means there's something that you haven't been doing well,so it now left for the trader to figure it out himself and make necessary adjustments or seek help from a professional.

Realizing, evaluating, correcting, and admitting mistakes is the main task for a trader because every mistake will only be corrected if, for example, you learn the location of the problem and the trigger, sometimes what you say is true that some traders behave too arrogantly and consider themselves great and behavior like this will make them difficult to develop, sometimes humility to receive input and awareness - it can really help us to be better.

[POPOLUV]

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.

Those that gambles are always funny of finding excuses there and then on who to blame when ever they losses money, so if on the process of trading and once they experienced losses, patient is seen as an excuses to cover up their ignorance, i just want to ask this general question, what if a gambler has been monitoring Bitcoin price in the market and on process of monitoring he slept off because he couldn't stay awake and woken up in the next morning and noticed that all his money is gone, so in such scenario, will that gambler blame himself for sleeping off or is it still not being patient enough.

[Bigjoe33]

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.

Let me not call it addiction yet, but they are totally grasped in it and they would always want to trade because they feel they will make gains immediately. After studying there bla bla bla, they feel they know the next move of the market now and they begin to predict and work towards there mindset. They are all gamblers, risk takers.

What I don't really like is that fact that many of them leave positive remarks about trading, even do some advert carrying real and big figures of profit made in a day or week. And all these adverts lure some newbies into trading, thinking it's just the ways it was presented. Why not just come out plan and  real about the great losses involved. Why hide? Who showcase another and leave another. The reality of trading is quite different from what traders tell us..