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.

[Freeveto]

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.

As long as you can place your trade and make profit from the trade always, you can categorize yourself as a trading graduate because you also can trade and make profit from the trade.

It is nothing like school because there is no class, no exams, and nothing to prove as certificates of finishing to become a graduate; it is something simple as long as you can place your trade and monitor the trade, your experience will keep growing to the extent that you will because a pro which can also be referred to as trading graduate.

[goldkingcoiner]

You have seen me posted about the use of low leverage, not using all the money in your exchange account to trade, learning trading psychology, averaging or grid trade up to certain level and not up to turning it into martingale which is used by poor traders.

I have also posted about trader should not only make risk management a practicality but also be good in financial management. Knowing not to borrow money to trade and also knowing the percentage of your income to set on trading which I think should not be more than 10%, but this still depend on how low risky you go while trading which should still be moderate.

Also knowing the right coins to trade because many coins are full of whales that you can not be better than as they will manipulate your money for their own profits, but you in losses. And also that some coins are too volatile.

Do you know that you can know all these and still not be a graduate in trading. Just test yourself, if you can do this 5 times, you are a trading graduate. Example is when bitcoin fell from $120000 to $100000 and your go on long position, if you are able to still make profit or only having a significantly little loss, that is when you have a trading graduate. Such volatile market will always come, be prepared and test yourself 5 to 10 times to call yourself a trading graduate.

It can be in swing trading. You can set stop loss if you want.

I do not think there is any graduation in trading. You only level up. The graduation would be learning by doing which does not need a graduation in the first place other than yourself being sure your own knowledge and talent in the technical and fundamental analysis, tools, charting and so on...

A child could trade and could be considered a trader by some. While an adult could trade and be considered a bottomless hole of lost money.

Although that being said, I have never heard of a trading addiction problem. These people stop trading once they lose all their money. And then are considered part of the 90% statistic that says over 90% of traders only make losses.

[suhadi88]

I do not think there is any graduation in trading. You only level up. The graduation would be learning by doing which does not need a graduation in the first place other than yourself being sure your own knowledge and talent in the technical and fundamental analysis, tools, charting and so on...

A child could trade and could be considered a trader by some. While an adult could trade and be considered a bottomless hole of lost money.

Although that being said, I have never heard of a trading addiction problem. These people stop trading once they lose all their money. And then are considered part of the 90% statistic that says over 90% of traders only make losses.

There is always the possibility of pausing and re-entering the market whenever if funds become available. The points you raised are highly relevant to the psychological state of traders, both now and in the future. Exchanges themselves sometimes engage in speculation, much like speculators do; the "pulling of the rug" is an ever-present risk once a large pool of funds has accumulated, and this another fact contributing to traders' always losses.

[pusaka]

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.

In trading, there's no such thing as stopping learning. It's actually the same as life, where we must continue to learn. If we stop learning, we'll fall behind others. There's always something new in the world, whether in business or anything else, so we must be able to adapt to it.

We can see professionals; they also continually learn about the market and other things to continuously improve their trading skills. And I also find professionals to be wiser; they don't even consider themselves experts. They understand that they can still experience losses, but they usually recover more quickly.

[Big Dirams]

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.

In trading, there's no such thing as stopping learning. It's actually the same as life, where we must continue to learn. If we stop learning, we'll fall behind others. There's always something new in the world, whether in business or anything else, so we must be able to adapt to it.

We can see professionals; they also continually learn about the market and other things to continuously improve their trading skills. And I also find professionals to be wiser; they don't even consider themselves experts. They understand that they can still experience losses, but they usually recover more quickly.

You are right, in trading learning never stops and we just keep learning new things each day and even if we are getting profitable in our analysis that  doesn’t still guarantee that we have the full knowledge. Nope we got to keep learning and experiencing new things each day and the more we push ourself into seeking more knowledge the more we we a lot of opportunities from the market and the more we get closer to our goals, knowledge is a huge importance to our trading journey.

[Jaweria parveen]

You are right, in trading learning never stops and we just keep learning new things each day and even if we are getting profitable in our analysis that  doesn’t still guarantee that we have the full knowledge. Nope we got to keep learning and experiencing new things each day and the more we push ourself into seeking more knowledge the more we we a lot of opportunities from the market and the more we get closer to our goals, knowledge is a huge importance to our trading journey.

There is no same point in trading, every day there is a new pattern and market view, so no matter how big a trader is, he steps into the market only after seeing it. It is a good thing that trading teaches something every day, but some people have weakened its standard. They have misled people by making a course to teach trading in 3 months, from which they do not understand anything and waste their time and money in the market. We can learn trading with our passion because when our heart desires, we will see such sentiment and the trend of the market and its signals, then we will be able to become good traders. Apart from this, the best trader says this, he does not lie because he knows that trading is easy, but it is not easy to teach someone. Whenever we lose, we get to learn something new, so every profit and loss will teach us a new signal of the market and while learning this, we will also be successful.

[Wind_FURY]

I believe trading is a school with endless lessons. There is no graduation only the results of your trading show that you've gone through the challenges of the market and survived while others gave up. The market offers endless knowledge. As time goes by, you keep learning more but your success still depends on the kind of trader you are, the mindset you've developed over the years, and how well you manage your trades. You could be making six figures and still not consider yourself a graduate. That doesn't mean you're not a good trader. It simply means you understand that there is no limit to what you can learn from the market and over time you try to replicate your idea and knowledge of the market..

OK. Are you an actual trader? Are you posting that based on your own experience? Do you even believe that you are qualified to give such advice? Can you prove that you're qualified to give such advice?

  ¯\_(ツ)_/¯

OR, are you, like me, a mere PLEB who can't actually out-trade the actual professional traders in the market?

Which one has a high probability of being right in describing most of us in BitcoinTalk.

[Hatchy]

OK. Are you an actual trader? Are you posting that based on your own experience? Do you even believe that you are qualified to give such advice? Can you prove that you're qualified to give such advice?

  ¯\_(ツ)_/¯

OR, are you, like me, a mere PLEB who can't actually out-trade the actual professional traders in the market?

I guess your question was meant to scare me or something?I've been trading for years, and I can assure you that everything I post here on the forum comes from my own experience in the market. Proof? I'm not the type to brag about my trading journey, so I don't feel I have anything to prove to you or anyone else. But if you really want proof, I'm open to it.  .When I read posts from other users on the forum, I can often tell who actually trades and who doesn't. Some people only post trading related post to fill their posting quota, but they aren't real traders. So to answer your question no, I'm not one of those guys who are like you a mere PLEB who can't, I'm not yet on the level I want in trading but I'm not a novice on the market..

[knowngunman]

I believe trading is a school with endless lessons. There is no graduation only the results of your trading show that you've gone through the challenges of the market and survived while others gave up. The market offers endless knowledge. As time goes by, you keep learning more but your success still depends on the kind of trader you are, the mindset you've developed over the years, and how well you manage your trades. You could be making six figures and still not consider yourself a graduate. That doesn't mean you're not a good trader. It simply means you understand that there is no limit to what you can learn from the market and over time you try to replicate your idea and knowledge of the market..

I can't agree less with you on this. Market doesn't care about your process and experience, it changes every now and then. We can only talk about graduation if there is guarantee you'll succeed at the end. What work this cycle may not work in the next cycle. I guess you become a fresh student every cycle that struggle to graduate because graduation never exit in school of trading. The funny thing about this trading is when you think you've figured everything out, that's when market does it wonders just to humble you and your analysis as if never traded before. You can only become a graduate the day you stop trading but as long as you remain, learning continues.

[Zoomic]

Regardless of how many times you try to test your trading abilities and pass the tests, you still have to understand that the market doesn't give permanent certificates.

A trader might make profits by making certain decisions today and will still be forced by the market to adjust their approach next year when conditions have changed.

Graduating from emotional trading is a must for every trader, that's what matters most. Once a trader stop revenge trading, over leveraging after loss and risking money they can't afford to lose, they've succeeded in making good progress than those whose main focus is master how to make quick profits.

Anyone can be lucky their trades when the market is bullish but it is discipline and consistency during difficult periods that actually separates an experienced trader from someone who just got lucky.

[laspol65]

It can be in swing trading. You can set stop loss if you want.

There is no end to learning trading, the results of trading show you how experienced you are. The only successful traders are those who survive the market conditions, if you consider yourself a graduated trader then it may be, but you can become more experienced as you become more experienced.
There is no end to being experienced because the trading market will teach you new things over time, as long as you trade you will not be able to gain knowledge completely because you have to be skilled every moment and every time. In this situation, you can demand more experience from yourself and use this skill again to succeed in trading.

[liasbaa]

I advise you not to trade even though you have your own freedom. Instead of allocating 10% of your income to trading, you should allocate a portion of your discretionary income to trading. This portion should be very small because the possibility of losing this fund is high.

Stay involved in long term Bitcoin investment. Use discretionary income to accumulate Bitcoin and do DCA regularly over a period of time regardless of price fluctuations. Taking risk depends on how much funds you have available and whether it is actually worth losing.

I don't really believe in what is meant by graduation in trading because even experienced traders don't always make profits. The trading platform is for the patient and you should always be prepared to lose the allocated funds.

[Byebyebtc]

If thats the case then to be a trading graduate mainly depends on experience,
just as you said you can know risk management, elimination of greed or fear, and you will still not be a profitable trader, simply because you have not experienced enough to trade well.

You know want, no matter how logical you force your self to be when it comes to trading, {BOS, COCH, liquidity ETC...}, it will need support from your emotions, and from that regulated emotion comes out a good trade, that is why today you get to buy a trading bot that acts mainly on logical actions with no emotions attached and they fail not because logic is not the best approach but its because, trading is also an emotional game.

and in Oder for you to regulate this needed emotion you need a good amount of experience to know how every thing works.