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Author Topic: Do professional traders lose money?  (Read 10640 times)

Offline Geey

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Re: Do professional traders lose money?
« Reply #135 on: February 20, 2024, 06:43:19 PM »
Do professional And experienced traders lose money share your opinion on this

It is normal for any trader to face losses if it is not possible to take trades on time. I have been trading with Bitcoin for 3 years now but somehow still didn't know the right way to do this market research. Losses are sometimes encountered because trades are wrongly observed by the green candlesticks of the market at the right time leading to subsequent losses. The price of Bitcoin is always going up and down due to which the market goes down at any time and the investors or traders then incur losses.
very true, there is no trader who is right to predict the price of bitcoin even if the prediction is correct it is also just a coincidence and most people are not right in predicting bitcoin, because no one knows the exact movement of bitcoin.
I have been trading for 6 years but it is very rare to predict Bitcoin correctly, only 70% of the time, and we can find information about the movement of Bitcoin from that, we know how Bitcoin will progress in the future or not.
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Re: Do professional traders lose money?
« Reply #135 on: February 20, 2024, 06:43:19 PM »

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Offline Geey

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Re: Do professional traders lose money?
« Reply #136 on: February 20, 2024, 06:49:05 PM »

Capital without knowledge is the same as hoping for luck, so knowledge without capital will make it more difficult for us to carry out trading practices.


Capital and knowledge are really   important, because we should have both if we want to invest or do trading. I think there are many ways to gain capital, we can participate in bounty campaign and get rewards.
That's right, the good thing is that you have to have knowledge in trading and capital, because they both depend on each other, if not one of them can't run well.
I was also a beginner in trading without any trading knowledge and I often suffered losses because I didn't have enough knowledge. From all that I tried to learn and look for information on how to trade well..
The point is that if you have both of them, you can trade 80% like a professional trader.
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Offline tjtonmoy

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Re: Do professional traders lose money?
« Reply #137 on: February 20, 2024, 08:34:01 PM »
That's true , a professional trader know how to minimize the losses and gain more profit over time. But it needs along time  to gain knowledge, experience and skill become a professional trader. Every trader ever lost, but we learn from our mistake.
I want to add this too. Losing is not a bad thing if you can understand what was the cause of that loss and fix that in order to make your strategy more stronger. But that only applies when you know what mistake led you to that loss. Losing also helps understand your emotion towards every scenarios and with proper maintenance over those emotion we can learn how to control them.
Emotion control has to be the top priority on when it comes to trading. Because it determines the success of your strategy and gives us the idea of  how much profit we are going to make.
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Offline Rubel007

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Re: Do professional traders lose money?
« Reply #138 on: February 21, 2024, 01:04:23 AM »
Do professional And experienced traders lose money share your opinion on this

It is normal for any trader to face losses if it is not possible to take trades on time. I have been trading with Bitcoin for 3 years now but somehow still didn't know the right way to do this market research. Losses are sometimes encountered because trades are wrongly observed by the green candlesticks of the market at the right time leading to subsequent losses. The price of Bitcoin is always going up and down due to which the market goes down at any time and the investors or traders then incur losses.
very true, there is no trader who is right to predict the price of bitcoin even if the prediction is correct it is also just a coincidence and most people are not right in predicting bitcoin, because no one knows the exact movement of bitcoin.
I have been trading for 6 years but it is very rare to predict Bitcoin correctly, only 70% of the time, and we can find information about the movement of Bitcoin from that, we know how Bitcoin will progress in the future or not.
None of us know about the future of Bitcoin. Can't even predict what stage it will take in the future. But we can make some guesses considering its history and movements. Although that estimate will not be exact, we can get a general idea. But we can never underestimate the prediction of Bitcoin. Because Bitcoin price changes later by prediction. It is true that the prediction will not be 100% correct but depending on the prediction an investor is able to invest. Prediction is a common thing in trading business on which trading is conducted.

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Re: Do professional traders lose money?
« Reply #139 on: February 21, 2024, 03:52:51 AM »
Do professional And experienced traders lose money share your opinion on this

It is normal for any trader to face losses if it is not possible to take trades on time. I have been trading with Bitcoin for 3 years now but somehow still didn't know the right way to do this market research. Losses are sometimes encountered because trades are wrongly observed by the green candlesticks of the market at the right time leading to subsequent losses. The price of Bitcoin is always going up and down due to which the market goes down at any time and the investors or traders then incur losses.
very true, there is no trader who is right to predict the price of bitcoin even if the prediction is correct it is also just a coincidence and most people are not right in predicting bitcoin, because no one knows the exact movement of bitcoin.
I have been trading for 6 years but it is very rare to predict Bitcoin correctly, only 70% of the time, and we can find information about the movement of Bitcoin from that, we know how Bitcoin will progress in the future or not.
None of us know about the future of Bitcoin. Can't even predict what stage it will take in the future. But we can make some guesses considering its history and movements. Although that estimate will not be exact, we can get a general idea. But we can never underestimate the prediction of Bitcoin. Because Bitcoin price changes later by prediction. It is true that the prediction will not be 100% correct but depending on the prediction an investor is able to invest. Prediction is a common thing in trading business on which trading is conducted.
No one knows on what the future holds or what would the future brings on which it would really be just that totally random even in every second movement there's no way that it could really be that known. This is why its really that good to think that you shouldnt be expecting to be profitable all the time because there's no such thing about being a perfect trader. You would really experiencing losing money and this is part of trading and this is something that we must really be that able to realize so that we wont really be finding ourselves to be that desperate
because if you do then this is where mistakes would really be starting from and this is something that we must avoid in the first place.

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Re: Do professional traders lose money?
« Reply #140 on: February 21, 2024, 12:05:19 PM »

Capital without knowledge is the same as hoping for luck, so knowledge without capital will make it more difficult for us to carry out trading practices.


Capital and knowledge are really   important, because we should have both if we want to invest or do trading. I think there are many ways to gain capital, we can participate in bounty campaign and get rewards.
That's right, the good thing is that you have to have knowledge in trading and capital, because they both depend on each other, if not one of them can't run well.
I was also a beginner in trading without any trading knowledge and I often suffered losses because I didn't have enough knowledge. From all that I tried to learn and look for information on how to trade well..
The point is that if you have both of them, you can trade 80% like a professional trader.
Or in other words, it increases our chances of becoming a good trader and can minimize losses. Many things we must have to become a good trader and the most basic thing is knowledge and capital.

Apart from the two things said, mentality is also very much needed in trading, yes we are required to be able to control emotions that are sometimes carried away in trading. whether we become panicked, or we become greedy and so on. Basic things like this we must have in the trading journey.

Offline trendcoin

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Re: Do professional traders lose money?
« Reply #141 on: February 21, 2024, 12:11:38 PM »
Do professional And experienced traders lose money share your opinion on this

I define myself as a trader, not a holder, but not a professional trader. Professional traders also lose money, but they put stop losses on their trades. So, their losses are minimized. There is a saying in our country that profit and loss are brothers. No one can make money all the time. Sometimes we lose money, and sometimes we make money. The important thing is for us to know where to stop...
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Re: Do professional traders lose money?
« Reply #141 on: February 21, 2024, 12:11:38 PM »


Offline Aanuoluwatofunmi

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Re: Do professional traders lose money?
« Reply #142 on: February 21, 2024, 02:37:57 PM »
Had it been that the professionals don't loose money on trades, maybe we will all by now fall under the categories of these professional traders because we cant afford to loose our trading fund, but things aren't like the way we sometimes perceived them to be, everyone is attached to the same risk on trading, what only makes the difference is in the kind of trade we make and how we best understand it, even the professionals and institutional traders loss and their own fall is more heavier than our when we compare them, just as they also stand to earn more than we do because of their high trading capital.

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Re: Do professional traders lose money?
« Reply #143 on: February 21, 2024, 05:42:37 PM »
Had it been that the professionals don't loose money on trades, maybe we will all by now fall under the categories of these professional traders because we cant afford to loose our trading fund, but things aren't like the way we sometimes perceived them to be, everyone is attached to the same risk on trading, what only makes the difference is in the kind of trade we make and how we best understand it, even the professionals and institutional traders loss and their own fall is more heavier than our when we compare them, just as they also stand to earn more than we do because of their high trading capital.
That's right, if professional traders don't experience losses, that means we are also professional traders... in the world of trading, we will definitely experience situations above and below, namely getting profits and losses, the only thing that differentiates a person in trading is the different way of trading and the coins he trades, even in knowledge of market movements as well.
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Re: Do professional traders lose money?
« Reply #144 on: February 22, 2024, 09:39:52 AM »

That's right, if professional traders don't experience losses, that means we are also professional traders... in the world of trading, we will definitely experience situations above and below, namely getting profits and losses, the only thing that differentiates a person in trading is the different way of trading and the coins he trades, even in knowledge of market movements as well.

I think a professional trader must have experienced a loss, as explained previously, profits and losses in investing are normal. We must be able to manage our funds so that the profits are greater than the losses. Every business will bring profits and losses.
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Re: Do professional traders lose money?
« Reply #145 on: February 22, 2024, 02:37:26 PM »
Had it been that the professionals don't loose money on trades, maybe we will all by now fall under the categories of these professional traders because we cant afford to loose our trading fund, but things aren't like the way we sometimes perceived them to be, everyone is attached to the same risk on trading, what only makes the difference is in the kind of trade we make and how we best understand it, even the professionals and institutional traders loss and their own fall is more heavier than our when we compare them, just as they also stand to earn more than we do because of their high trading capital.
That's right, if professional traders don't experience losses, that means we are also professional traders... in the world of trading, we will definitely experience situations above and below, namely getting profits and losses, the only thing that differentiates a person in trading is the different way of trading and the coins he trades, even in knowledge of market movements as well.

The thing is that professional traders are people, who make mistakes and can make wrong moves, the professional trader can make the move he believes can make him win and the market can make him retreat because his move can go against it and that's where it all ends. , and sometimes it is normal, sometimes the bitcoin and any crypto market is very volatile, logic always fails and many errors can be generated.

But the advantage of professional traders is that they always operate with large sums of money and if they make a mistake it is very easy to get their money back, because a good move implies that they may have won, that is so, when we are generating ways To do things better we always have to consider doing them well, but in trading things always happen like this, in an unexpected or volatile way, this is very common except that professionals do make mistakes and lose large sums of money.
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Re: Do professional traders lose money?
« Reply #146 on: February 27, 2024, 03:14:08 PM »
I think a professional trader must have experienced a loss, as explained previously, profits and losses in investing are normal. We must be able to manage our funds so that the profits are greater than the losses. Every business will bring profits and losses.
Everyone really wants to be a professional trader, but unfortunately, it is not easy to build it all, and as you mentioned, you need a lot of money to try something new, and there is no guarantee whether it will make a profit or not, which means that professional traders are not easy to do. achieved and had to go through a lot of experience.

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Re: Do professional traders lose money?
« Reply #147 on: February 27, 2024, 04:58:38 PM »
Do professional And experienced traders lose money share your opinion on this

It is normal for any trader to face losses if it is not possible to take trades on time. I have been trading with Bitcoin for 3 years now but somehow still didn't know the right way to do this market research. Losses are sometimes encountered because trades are wrongly observed by the green candlesticks of the market at the right time leading to subsequent losses. The price of Bitcoin is always going up and down due to which the market goes down at any time and the investors or traders then incur losses.
very true, there is no trader who is right to predict the price of bitcoin even if the prediction is correct it is also just a coincidence and most people are not right in predicting bitcoin, because no one knows the exact movement of bitcoin.
I have been trading for 6 years but it is very rare to predict Bitcoin correctly, only 70% of the time, and we can find information about the movement of Bitcoin from that, we know how Bitcoin will progress in the future or not.

That's right, because all traders are predictors, so it also means that no one really knows what the exact price destination value of a coin will be, whether it's an uptrend or a downtrend. No matter how veteran or expert you are, you can't really determine it; everything will still fall into speculation based on the analysis of all the predictors.

But becoming a professional trader is not easy to achieve because it requires the right process and time. Therefore,  you must really have a broad idea or knowledge of crypto trading.
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Re: Do professional traders lose money?
« Reply #148 on: March 02, 2024, 01:40:11 PM »
Yeah, definitely been there. Lost some bucks in the early days chasing hype. But over time, learned to be more strategic, disciplined, and not let emotions drive decisions. It's about resilience and staying in the game for the wins.

It's part of the game. But what sets them apart is their risk management and ability to learn from losses. It's all about minimizing risks and maximizing gains in the long haul.  8)

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Re: Do professional traders lose money?
« Reply #149 on: March 05, 2024, 01:56:36 PM »
Do professional And experienced traders lose money share your opinion on this
I don't think there are any professionals in trading or investing because it's a game of loss and profit and it's already programmed that one can't actually predict what happens next. it's all luck. The only thing that sets professionals apart is that they learn from their mistakes and use it to improve their skills, which makes them more cautious and vigilant overall. Anything related to cryptocurrency should be handled carefully because there is nothing safe about it. Thus, the key is to exercise self-control and manage risks.

 

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