‎One Thing That Keeps Me Going While Trading

[BItcoin Guy@]

Some traders mainly focus on profits, subbing the right ways to escape the calamities of trading. If profit is the only option that motivate a trader, then the trade might likely fall into a massive problem, because he will make decisions that is not in order.

Sure, because they just chase the profit since that is what makes them become a trader, and if you're someone that always chases profits, you will never focus on your plan anymore. You don't have a good strategy, and that is what makes you lose time to time. Any trader loses, but people that survive most are those that always use risk management, and even if they lose, they accept the loss as a cost, not those who chase their money. And traders that think about profit all the time panic when they don't get it right, and they will start to change strategy every time just to get what they need without getting a proper planning, and never get consistent.

[Perfectbaby]

In summary
‎This should be your motive while trading.. Stay focused/Stay consistent/ keep going and stay positive.
‎

Then there is something you could missing here because trading is not about forecasting the market on what would happened next for you to enter trade, when you do analysis there are some facts that you need to also consider while trading. These including; the general public, news and the type of coin you are trading at the moment because the market is not always going as we may plan.
It is better to understand the market very well before jumping into any trade, because you may enter trade and the market go another direction that you never expected which could make you to lose everything at a go, again you should know the coin/token you are trade all this matters alot.

[DanWalker]

‎In summary
‎This should be your motive while trading.. Stay focused/Stay consistent/ keep going and stay positive.
‎

I understand your point because most probably you are still a beginner in this journey. But never forget that trading itself is already risky, even if you are trading as focused and disciplined as you are, the uncertainty in the trading market makes any trader lose their funds. And from my trader's experience, its not reasonable to expect a lot from trading, and assume that after all those losses and pain from losing, winning will certainly be the end goal. At least learn to trade as a side hustle, without leaving your main job for the sake of trading.

Agree with your points. Focus, consistency, positive are all necessary, but it's a mistake to think they guarantee you'll end up a profitable trader.
Trading takes way more than that . And even if you do all those things right, you can still lose money. At the end of the day, you have no control over the market.

So keep at it and do your best, but do not get too stubborn about it .  Sometimes knowing when to stop is the smarter play.
Trading isn't something that'll reward you just because you work hard and stick with it . That's why any idea of making it a fulltime job is a bad one .

[Leahized]

actually, sometimes I observed some people who trade seem to be out of their mind and lose control to themselves, due to I've seen a lot of it in YouTube
who got destroyed their lives.

In reality, no trader is mentally ill; if this aspect were revealed, they would not be able to become skilled analysts for trading. The traders you discover on social media have not been able to develop themselves into skilled, patience and disciplined individuals. Therefore, their loss rate is relatively high or low. And not taking breaks occasionally is a wrong decision.

It's like what they expected was the opposite of what they expected, and that's actually quite stressful on their part, of course.

When a person rushes to fulfil their expectations, they often make wrong decisions. Therefore, sufficient time must be spent on trading, and over time, one will be able to acquire skills in analysis. The main causes of mental stress are losses and desires.

[Awaklara]

So keep at it and do your best, but do not get too stubborn about it .  Sometimes knowing when to stop is the smarter play.

Stubbornness may be a natural trait of most traders. We may have hard work or strong commitment in trading, but we cannot forget when it is the right time to stop. We know for sure there are traders who are too enthusiastic because they are always making profits. With growing confidence, it can sometimes also be the cause of traders being too hasty in opening positions. The situation may not be favorable for traders.

[Pikiboy]

In trading the more you expect something higher the more you keep losing money while trading. In trading you must understand that not every market you will be entering as you need to confirm the market movement correctly before you jump into trade otherwise you would entirely lose your trade. It is better to take profit of $2 than to wait for a $20 profit while you lose your money, most time those who open long position may not know that they market would go according their direction of course when they see their account draining it would push them to close the market with lose on them, that is why it is important to do thorough market analysis using the at least various time to analysis the chat to enable know here it would close or break out.

[Muba20]

So keep at it and do your best, but do not get too stubborn about it .  Sometimes knowing when to stop is the smarter play.

Stubbornness may be a natural trait of most traders. We may have hard work or strong commitment in trading, but we cannot forget when it is the right time to stop. We know for sure there are traders who are too enthusiastic because they are always making profits. With growing confidence, it can sometimes also be the cause of traders being too hasty in opening positions. The situation may not be favorable for traders.

There are many of us who start to over-trust our own decisions after a few successful trading sessions. It is natural that we may have a tendency to take new positions without analyzing the market as before. But I think a good trader is not only defined by how many times he has made a profit, but also by how quickly he has recovered from his wrong decision.

If a business owner takes more risks than necessary after making a few good profits, then in a bad time, much of his previous achievements can be lost. Therefore, previous success should not be considered a guarantee of the next decision, but rather, before making each decision, one should carefully examine the situation and remember the risk limit. Knowing when to take a break and when it is better to stay out of the market is a very important trading skill.

[Big Dirams]

So keep at it and do your best, but do not get too stubborn about it .  Sometimes knowing when to stop is the smarter play.

Stubbornness may be a natural trait of most traders. We may have hard work or strong commitment in trading, but we cannot forget when it is the right time to stop. We know for sure there are traders who are too enthusiastic because they are always making profits. With growing confidence, it can sometimes also be the cause of traders being too hasty in opening positions. The situation may not be favorable for traders.

I always advise those that I know trading that they shouldn’t always be in haste in making decisions or opening positions in trading. Generally it isn’t a smart idea to make hasty decisions when it about finances, let make sure we settle first before making decisions about anything that involves money.
In trading if we are not sure about a position or didn’t make any analysis on such positions then we shouldn’t try to be hasty about taking the positions just because others says it’s a good position, let cross check and view things in our own perspective first for better idea.

[nara1892]

Loses are certain when it comes to trading, it's not just all about winning all the time, infant I even see losses as motivation to tell me that am almost there, although its comes with emotional depression, heartbreak and so on, but what keeps me going is the motive of being discipline, patience and focused while trading, regardless I still maintain being consistently because you never can tell the trade that will eventually change one's life for good.
‎
‎Just accept loss as a stepping stone to success, by correcting every mistake to improve and gives you a better and successful trading result.
‎
‎Already remember that success is not just something you can get so easily as expected, you need to be self disciplined, emotionally fit, to manage and control risks to become a better trader.
‎
‎In summary
‎This should be your motive while trading.. Stay focused/Stay consistent/ keep going and stay positive.
‎

That’s a great approach, and it sounds like you’re really passionate about this, bro. By the way, how long have you been involved in trading? I hope you can continue to stick to the approach you described above, because it’s fundamentally true that success only comes when we’re able to learn from our experiences and mistakes we can only figure out what’s right and what’s wrong by evaluating each mistake.
But on the other hand, if you’re really struggling, my advice is not to push yourself too hard because sometimes not everything works for everyone.

[osasshem]

A one good project and a right action can lead to a total different experience as a trader. Trading is good and profiting, but remember it is engulfed with risks that can ruin your entire trading/investment capital. It is true that trading can make a total life changing experience for anyone who trades, but taking trading alone may not be very easygoing on the long run.

[Odogwu-Blockchain]

‎This should be your motive while trading.. Stay focused/Stay consistent/ keep going and stay positive.

Motivating yourself to stay positive is certainly good. But sometimes we have to think logically about whether trading is actually the most suitable for us or not. Knowledge and skills will definitely continue to grow along with experience when we trade. But when you keep losing, you have to think that maybe trading is not the right place for you. Thinking positively is certainly not wrong, but we have to be brave to tell ourselves that there is a possibility we are indeed not talented in trading.

Sometimes I admire those that seems to be successful in trading because trading is not as easy as people may think it is, you ought to be practicing trading and then discover that you are loosing endlessly even though you are an expert, I've seen numbers of good traders loosing like they are beginner.

When you have to look at yourself in the mirror and then tell yourself the truth if trading is good for you or not, then you can decide to quit or continue. Sometimes quitting to another career will save you a lot.

[Issa56]

What about the traders that continue to trade and they continue to lose? I think trading is very risky than what many people think on this forum.

I think everyone knows that trading is risky, that’s why some people on forum here do encourage people to invest in bitcoin instead of trading, because they know how risky trading can be. If you are a beginner that’s planning to go into trading, you should know the risk involved in it, don’t just jump into trading without having properly knowledge about it.

When we trading and losing, not all should serve as motivation, some loss means you should just stop trading at that moment, figure out where you get things wrong, and you can keep on trading, but when you notice that the loss is too frequent, and you hardly make profits, it’s better you stop trading, you can decide to buy and hold bitcoin instead of trading.

Do you know that some people have been trading for years but they continue to lose money after thinking that they have experience in trading already?

People like this should know that trading is not for them. I know there is no way you going to be trading, and you won’t be losing, but the loss shouldn’t be too much, at least our profit should be more than our loss, if your loss is too much, then stop trading.

[EarnOnVictor]

regardless I still maintain being consistently because you never can tell the trade that will eventually change one's life for good.
‎

This part is certainly not accurate. Trading is not like gambling or buying a lottery ticket that a certain small amount would change your life. For trading to change your life, you must either have a huge capital being traded with, through which you might just open a big position trading risk and leave it until a huge profit is made, if you are lucky. Or you are consistent for several months ior years in winning with your small capital. None of such makes it easy that just a trade could change your life.

‎Just accept as a stepping stone to success, by correcting every mistake to improve and gives you a better and successful trading result.

This part is beautiful. The more you admit that losses is part of trading, and are better managed than feared, the more you are closer to your consistency in trading.

[Rengga Jati]

Loses are certain when it comes to trading, it's not just all about winning all the time, infant I even see losses as motivation to tell me that am almost there‎

That's why before trading, we must know there is a high risk of losing. Not only about the profits gain But there is also loss probability.
With this understating, we must be ready for the result. this will also lead us to have better strategy, emotional control, and discipline.

Just accept loss as a stepping stone to success, by correcting every mistake to improve and gives you a better and successful trading result.

Normally yes. Loss experience can make us more aware. This also becomes experiences. This lesson should make us much better in analyzing and arranging the strategy. But, in reality, many people facing loss feel so bad. Then, they do revenge trading with higher leverage. they think they will gain profits later. But, mostly, this is worse. that is why, we must avoid this kind of trading after losing.

[I_Anime]

Loses are certain when it comes to trading, it's not just all about winning all the time, infant I even see losses as motivation to tell me that am almost there, although its comes with emotional depression, heartbreak and so on, but what keeps me going is the motive of being discipline, patience and focused while trading, regardless I still maintain being consistently because you never can tell the trade that will eventually change one's life for good.
‎
‎Just accept loss as a stepping stone to success, by correcting every mistake to improve and gives you a better and successful trading result.
‎
‎Already remember that success is not just something you can get so easily as expected, you need to be self disciplined, emotionally fit, to manage and control risks to become a better trader.
‎
‎In summary
‎This should be your motive while trading.. Stay focused/Stay consistent/ keep going and stay positive.
‎

When come to trading losses are inevitable, that’s why you can’t fully Avoid it but it can be managed. There are some folks without good trading strategy but their risk management is top notch and same time they’re profitable . Because if you are able to reduce your losses , it will eventually maximize your profits over time . Is better to take things slow and steady than to keep feeding the market instead with your hard earned money. Best way to survive the market is to improve your risk management as you work on your strategy.

[CryptopreneurBrainboss]

‎In summary
‎This should be your motive while trading.. Stay focused/Stay consistent/ keep going and stay positive.‎

What usually keeps me motivated with any activity that I'm doing especially one that has to do with money like trading is the fact that if others can do it then I can too. The other disciplines comes later but just seeing someone succeed at what I intended doing gives me enough motivation to start. So for trading (when I was still very active in the market) that use to be my motivation, because of this, I never stopped believing I could trade and make profits. The only reason why I'm not active in the market anymore is because I shifted my attention to Inventing and only trades occasionally. Even when I want to trade. I don't usually focus my attention on Bitcoin anymore as I prefer trying my chances with the altcoin market. Consistency plays a key role in trading as you'll need it to be able to master your strategy and then begins making profits.

[Botnake]

This should be your motive while trading.. Stay focused/Stay consistent/ keep going and stay positive.
‎

For some reasons, you need to stay focused and consistent with your key strategies in trading and see after if they really work. But here's the reality, not all determined, focused and disciplined traders end up successful in trading. Because of high expectations and assumptions, some end up broken hearted that leads to depression and anxiety. And this where the real challenge of trading starts, while some still pursue trading, others have already chose their own mental and emotional peace before trading ruined all of it.

The lesson here, don't trade as your main source of living, you will only be hurt. Just trade as a form of side hustle, as some days you'll profits, some days you'll lose.