Trading graduates

[Dr.Bitcoin_Strange]

Accept it or not, hodling is a form of trading that some people will not accepted because they see it as investment, but those that are very patient enough to buy bitcoin and hold it for years like 3, 5, 10 years or more are graduates in trading. I said this because they have mastered how to be very patient, buy bitcoin and just hold it and letting their patience do the work for them.

I clearly get your point, mate, but just for better understanding, trading and investing (buying to hold Bitcoin for the long term) has differences. By definition, trading;

Trading is the buying and selling of financial assets or goods with the goal of making a profit from price changes. It usually happens over shorter time frames than investing

So, obviously, those that are holding are graduates of Bitcoin investment such that they are able to hold through bear seasons but they are definitely not the same as traders and are not taking the same risks as traders do. I still remember we have had an argument before relating to whether trading can be called investment the way holding of Bitcoin is supposedly known as real investment.

Are you beginning to change your mind towards using stop lose? 🤔

When I was using stop loss, I was a very bad trader. It was later that I know it was greed that was causing it. I trade with high amount of money and I use leverage, but the stop losses did not help at all. Emotions will set in and later all my trading funds will be liquidated. I used what happened to me to post and the corrections that I made. Stop loss was part of my learning process, but I graduated into not using it again.

It's has never been a bad option for me in my trading that's why I still use it, although I don't apply it in every trades I take but only when it's very necessary. For a trader that is using a very high leverage and also setting stop lose on the trade, they will keep hitting SL before price will go in their direction, that's because price usually return to take liquidity from those areas where some traders like to put their SL.

[Charles-Tim]

I do not really think we have a trading graduates or anyone out there could called themselves a trading graduates, why is because you can truly detect what the market would hold in their next candle.

Did you mean you can not? I think that is what you mean. If that is what you mean, you are very right, no trader can always predict the market direction accurately. But some traders try to minimize losses in a way that their long term targets will still be achieved. I think such people can be referred to it.

[macson]

I believe that trading is not like school, where you can graduate from it. Instead, it is more of a journey where you continuously learn and strive to improve and adapt to a dynamically moving market. Of course, you might already understand these things, but they have become common knowledge that needs to be grasped by every trader. However, even if you understand this, it will not guarantee that you will find it easier to make a profit in the market. The most important thing is your ability to implement that knowledge and remain capable of generating consistent profits from your trades.

[Questat]

For me, one can only say that he's finally a trading graduate if he decides to leave trading for good. There won't be losses anymore, and the risk to lose ends there. But as long as you are still trading in the market, no one sees you as a trading graduate no matter how experienced and professional you are. The fact that you still lose in your trade, and you still gain new lessons to learn every time you are trading, that proves that trading learnings are endless.

And I don't think trading graduate really exist in the real world of trading. Every trade comes with a new risk and a new lesson to learn, and that makes me conclude that trading is a continuous learning journey, trading graduate only happens if you finally leave trading for good.

[Wiwo]

I do not really think we have trading graduates, or that anyone out there could call themselves a trading graduate, because you can truly detect what the market would hold in its next candle.

Did you mean you can not? I think that is what you mean. If that is what you mean, you are very right; no trader can always predict the market direction accurately. But some traders try to minimise losses in a way that their long-term targets will still be achieved. I think such people can be referred to as such.

That uncertainty of market outcome is what makes it hard for us to see those trading professionals claiming to give out accurate trading signals. Cryptocurrency trading is volatile, and a trader can still lose even with the best market analysis or strategies.

The vast majority of traders lately have agreed with that fact about cryptocurrency trading, and that is the reason we often advocate for risk management in trading because of the uncertainty in trading; for that, there are no professionals or graduates in trading.