Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: Best on April 04, 2024, 10:39:22 AM
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Am I the only one who gets this feeling that maybe I am just doing everything wrong in trading?
A couple of months ago when I started trading I got this feeling whenever get my trades wrong. Like in a week straight I amounted to so many losses that I felt this edge of seeing trade as a waste of time. Long story short, I'm still here trading and enjoying every little profit I get...
Now, I decided to share this with all of you. Never give up, whenever you think you're getting it wrong, just give it a break and relax. Is ok to be mad. Always remember no elite trader made it just like that. I feel the same thing this period. So, go relax and come back when your head is clear
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Am I the only one who gets this feeling that maybe I am just doing everything wrong in trading?
A couple of months ago when I started trading I got this feeling whenever get my trades wrong. Like in a week straight I amounted to so many losses that I felt this edge of seeing trade as a waste of time. Long story short, I'm still here trading and enjoying every little profit I get...
The start is always hard. You will learn from your mistakes. We all did the same thing when we started something. Not only on trading but it applies to everything that you need to learn. There was a time when I heard that I could gamble online and I started playing a dice games using the casino faucet. Quickly, I made a deposit to try it and I lost.
If you ask me, I am overall in profit in gambling. But, most of the gamblers is loss which is the reason casino industry still exist and keep growing. Nothing is waste. When you start a business and you made loss in business, you still get some experience.
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Am I the only one who gets this feeling that maybe I am just doing everything wrong in trading?
A couple of months ago when I started trading I got this feeling whenever get my trades wrong. Like in a week straight I amounted to so many losses that I felt this edge of seeing trade as a waste of time. Long story short, I'm still here trading and enjoying every little profit I get...
The start is always hard. You will learn from your mistakes. We all did the same thing when we started something. Not only on trading but it applies to everything that you need to learn. There was a time when I heard that I could gamble online and I started playing a dice games using the casino faucet. Quickly, I made a deposit to try it and I lost.
If you ask me, I am overall in profit in gambling. But, most of the gamblers is loss which is the reason casino industry still exist and keep growing. Nothing is waste. When you start a business and you made loss in business, you still get some experience.
You've explained it better than I can. "Nothing is a waste". We just need to keep pushing even if looks like nothing is happening
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Am I the only one who gets this feeling that maybe I am just doing everything wrong in trading?
You are not alone as doubt and fear can easily creep in to anyone who is into trading. In fact, that could be the reason why up to now I have not really started real trading either with crypto or any other assets in the market. But whenever I do sell something in the market, there is that feeling that the timing can be wrong...and in some cases the fear can come true sadly. There were times when I sell then minutes after the price of the coin shot upwards and whenever I buy a coin the price went south. Oh well, I just accepted that this must be life and in many cases things will not be working so positive for me. Now, I am inspired with your story and hope that in the coming months I can also be a successful small trader in the market.
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Once... and I immediately gave up on trading so I didn't want to trade again for a long time until now. Trading is not as easy as people imagine, where the basic theory is to buy when prices are low, and sell when prices are high. Maybe because my emotions were unstable, I had difficulty getting an interesting feeling from trading at that time.
Now I enjoy being a BTC holder more...holding for a longer period of time and profiting from the bull market by doing DCA might be more suitable for me.
My emotions are not easily influenced now, because maybe I will get enough benefits if I convert to FIAT now. The main problem right now is the greed that may be in my mind.
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Am I the only one who gets this feeling that maybe I am just doing everything wrong in trading?
A couple of months ago when I started trading I got this feeling whenever get my trades wrong. Like in a week straight I amounted to so many losses that I felt this edge of seeing trade as a waste of time. Long story short, I'm still here trading and enjoying every little profit I get...
Now, I decided to share this with all of you. Never give up, whenever you think you're getting it wrong, just give it a break and relax. Is ok to be mad. Always remember no elite trader made it just like that. I feel the same thing this period. So, go relax and come back when your head is clear
I just want you to know that losing in trading is normal. Even the most profitable one also encounter loses. It's just hard to accept the loses when you are just starting because your mind has to be trained with this. But if you consistently losing, you should have to take a break because probably your emotion might controlled you and you keep losing when you trade. You have to comeback maybe 3 days when you feel okay.
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Am I the only one who gets this feeling that maybe I am just doing everything wrong in trading?
A couple of months ago when I started trading I got this feeling whenever get my trades wrong. Like in a week straight I amounted to so many losses that I felt this edge of seeing trade as a waste of time. Long story short, I'm still here trading and enjoying every little profit I get...
Now, I decided to share this with all of you. Never give up, whenever you think you're getting it wrong, just give it a break and relax. Is ok to be mad. Always remember no elite trader made it just like that. I feel the same thing this period. So, go relax and come back when your head is clear
You are not only the one person who have that feelings. I have also that kind of feelings when I buy or trade a coin or token then the price of that token or coin will be down towards and the funny think is when I sold out my coins then the price of that rising up. And it happens to me almost every time and I think it's my own fault because I'm still not that good at technical analysis. And what I can do is not enough for this trading and that's why I always try different coins with small amount. I would like to say to you that you can adopt the Bitcoin holding strategy for long term that will be low risk investment.
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whenever you think you're getting it wrong, just give it a break and relax.
If you are a trader and you have experienced a lot of losses while trading do not just give it a break but stay away from trading for a while and then try to find out why you lost in those trades so that you do not make those mistakes when you decide to begin trading again. If you take a break from trading and then just go ahead to rest without trying to improve your knowledge and find out why you were losing you may return and still continue losing.
Always remember no elite trader made it just like that.
Traders who are now elite, became elite by constant learning and improvement.
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Am I the only one who gets this feeling that maybe I am just doing everything wrong in trading?
A couple of months ago when I started trading I got this feeling whenever get my trades wrong. Like in a week straight I amounted to so many losses that I felt this edge of seeing trade as a waste of time. Long story short, I'm still here trading and enjoying every little profit I get...
Now, I decided to share this with all of you. Never give up, whenever you think you're getting it wrong, just give it a break and relax. Is ok to be mad. Always remember no elite trader made it just like that. I feel the same thing this period. So, go relax and come back when your head is clear
Based on my trading history, I have bought and sold hundreds of times in the past 7 years, and my portfolio once had about 50 crypto. Honestly, if I were allowed to change my trading history, I could make my account worth billions of dollars right now by investing a few thousand dollars in BNB, LINK, AXS, SOL, FTM, or memecoins. We participate in the market to seek profit and we always want more profit. That greed is the motivation for us to improve our investment methods every day, but it also creates regret when we look back at every decision to buy, sell, hold, or stay out of the market.
I think this is normal, it will happen as long as we invest and trade, and it will even exist when we leave the financial market. What is more important is what we can learn from our past mistakes in order to continue moving forward in our trading career :)
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Am I the only one who gets this feeling that maybe I am just doing everything wrong in trading?
A couple of months ago when I started trading I got this feeling whenever get my trades wrong. Like in a week straight I amounted to so many losses that I felt this edge of seeing trade as a waste of time. Long story short, I'm still here trading and enjoying every little profit I get...
Now, I decided to share this with all of you. Never give up, whenever you think you're getting it wrong, just give it a break and relax. Is ok to be mad. Always remember no elite trader made it just like that. I feel the same thing this period. So, go relax and come back when your head is clear
Based on my trading history, I have bought and sold hundreds of times in the past 7 years, and my portfolio once had about 50 crypto. Honestly, if I were allowed to change my trading history, I could make my account worth billions of dollars right now by investing a few thousand dollars in BNB, LINK, AXS, SOL, FTM, or memecoins. We participate in the market to seek profit and we always want more profit. That greed is the motivation for us to improve our investment methods every day, but it also creates regret when we look back at every decision to buy, sell, hold, or stay out of the market.
I think this is normal, it will happen as long as we invest and trade, and it will even exist when we leave the financial market. What is more important is what we can learn from our past mistakes in order to continue moving forward in our trading career :)
Yeah, I understand that feeling of investing in many coins and you just wish you cut off some and invested in the ones that will bring more profits. I made a mistake in my investment but that is a lesson learnt.
What was that mistake? So I bought BCH at very early stage due to how it was fluctuating I decided to sell off at loss. Currently BCH is at $600. But one thing that I appreciate I used the money for was buying the memecoin that bitget consistently listed most of which are profitable Slerf, KOKO etc..
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whenever you think you're getting it wrong, just give it a break and relax.
If you are a trader and you have experienced a lot of losses while trading do not just give it a break but stay away from trading for a while and then try to find out why you lost in those trades so that you do not make those mistakes when you decide to begin trading again. If you take a break from trading and then just go ahead to rest without trying to improve your knowledge and find out why you were losing you may return and still continue losing.
Always remember no elite trader made it just like that.
Traders who are now elite, became elite by constant learning and improvement.
What I do now is study the movement of market particularly BTC. Not enter the trade till I understand how to cool off and enter the trade in a calm state
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Remember this: Wins and losses are part of crypto. In fact, losses teach you more than your wins do. Starting is especially difficult, but the more you trade, the more confident and smart you will get about it. The trick is to NEVER invest more than you can afford to lose. Diversify your portfolio to spread your loss and follow DCA for BTC and even altcoins you have faith in. I have been doing that with my trading bot and have 162% profit to show for it.
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Mistakes will happen to anyone even though a professional, the crypto market is difficult to guess and there will be no 100% accuracy to avoid mistakes.
If you feel that the trades you make are always getting lost and wasting time and money, then all you need to do is TAKE a BREAK.
Relax your mind, fix the strategies you use and evaluate what mistakes you make.
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Am I the only one who gets this feeling that maybe I am just doing everything wrong in trading?
A couple of months ago when I started trading I got this feeling whenever get my trades wrong. Like in a week straight I amounted to so many losses that I felt this edge of seeing trade as a waste of time. Long story short, I'm still here trading and enjoying every little profit I get...
Now, I decided to share this with all of you. Never give up, whenever you think you're getting it wrong, just give it a break and relax. Is ok to be mad. Always remember no elite trader made it just like that. I feel the same thing this period. So, go relax and come back when your head is clear
You are giving me the same vibes that I got when I was a newbie as I also had the same feelings and emotions at that time. I also thought something was not right in my trading, and how I would become rich if I kept trading at this pace. Sorry not trading, instead kept making profits or losses at this pace. With that thought in mind, I started to take more risks, it either in or all out. And it was all out. haha. Then I realized, we should not use it as a quick rich scheme because we don't have enough funds that it can make us financially independent. So I realized things will take some time.
Setting a target is what needed most, so after spending time in Future, I left it, took sometime, made a comeback in spot trading with less funds, made loss, but realized future is not for me, I am not into spot, I wait as long as the trade gives me profit. Considering the current situation of the market, everycoin would give a person with basic knowledge of crypto, good amount of profit.
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It seems that the method explained on this topic is more suitable for rich people. Yes, everyone's chances are different in their attempts to use up their quota of failure. It may be unfair, but rich people always have more opportunities to find their point of success.
I prefer to study all mistakes and consult a lot with a friend or relative who understands more in the field I am pursuing. From the experience of several of my close friends who are successful, they managed to gain success from their genius in taking every step forward, not spending their share of losses.
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re-evaluate your strategy and relearn the indicators if needed that's what i would do if i am doubting already.
i feel so confident back then and i realized i'm not really a pro in terms of actively trading like its my business to make money everyday with trading. and then move on to futures, i think that space is really for the pros. those guys have been using AIs already and its hard to beat them.
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Now, I decided to share this with all of you. Never give up, whenever you think you're getting it wrong, just give it a break and relax. Is ok to be mad. Always remember no elite trader made it just like that. I feel the same thing this period. So, go relax and come back when your head is clear
Sometimes, I also feel that there is something wrong with the strategy or analysis when trading or investing my money in crypto. But it still continued and finally seemed to give up. So that's it, the results will be just like that, as is.
Trading requires quite complex analysis. So, when deciding to place a trading position, we should be really sure about it all. Although sometimes we think about continuing to move forward and not giving up because we have lost some money, it is also necessary to evaluate why we can lose the money.
In trading, evaluation is very necessary. As a consideration to determine what kind of strategy and analysis in the future. So, don't just apply blind trading analysis. If we are not yet able, it would be better if we stop first and further understand or study the trading strategy and analysis that best suits us.
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Now, I decided to share this with all of you. Never give up, whenever you think you're getting it wrong, just give it a break and relax. Is ok to be mad. Always remember no elite trader made it just like that. I feel the same thing this period. So, go relax and come back when your head is clear
Sometimes, I also feel that there is something wrong with the strategy or analysis when trading or investing my money in crypto. But it still continued and finally seemed to give up. So that's it, the results will be just like that, as is.
Trading requires quite complex analysis. So, when deciding to place a trading position, we should be really sure about it all. Although sometimes we think about continuing to move forward and not giving up because we have lost some money, it is also necessary to evaluate why we can lose the money.
In trading, evaluation is very necessary. As a consideration to determine what kind of strategy and analysis in the future. So, don't just apply blind trading analysis. If we are not yet able, it would be better if we stop first and further understand or study the trading strategy and analysis that best suits us.
I think that things with trading are sometimes very hard, and that is why there are people who give up, and that is why people sometimes when they do not achieve certain objectives they publish it because they know that it is a great achievement, that It's like when we are in college, how many times did I not want to throw in the towel? Many times it crossed my mind to dedicate myself to something else and stop studying, but the truth is that one has to know how to start and finish things, the road is hard, yes, many withdraw because they know and feel that they cannot stand it, but it is better this way, because basically things are not made for everyone.
I see trading as a university degree, because we are learning all the time, and clearly things are not so easy to be professionals, it is always a difficult path.
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Of course this always happens. I expect that any trader, even experts, goes through difficult times where they suffer a series of consecutive losses and believe that there is a bad strategy or something wrong.
But I believe that luck sometimes plays a role in trading, as people have times when they have bad luck, even if they follow a strategy well, and they fail every time they try to make a deal. Also, fatigue and exhaustion play a big role in making wrong decisions, so at such times it is better to stay away. Relax a little and start again.
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You've explained it better than I can. "Nothing is a waste". We just need to keep pushing even if looks like nothing is happening
I said that because every failure is an experience. It's not like you did not get anything from that. I had a couple of start-ups but most of them failed. It does not mean I have wasted my money and my time. I have learned a lot of things from those failures and that will help me in the future when I will try to start another business.
Trading is the same as that. If you are using one strategy and then you notice that you have made some loss, you know the reason behind it, and next time you will know what mistake you should not make again. This is why I said that nothing is wasted. You got some experience from your first trades.
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Of course this always happens. I expect that any trader, even experts, goes through difficult times where they suffer a series of consecutive losses and believe that there is a bad strategy or something wrong.
Why should a trader have consecutive losses and still continue to trade? Some traders will trade for years and continuing losing but will not stop but continue to trade and suffer more losses. Some people just suppose to hold and be happy. People that are wise will do something and if they make losses like three times already, they quit that thing and said it is not their way.
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After 10 years, it still feels like there are some periods in my life when I feel like I am not making it any better at all. I get that it may feel like its not that easy to handle at times, but we should be considering the fact that its not that easy. Sometimes we need to consider how we could make it work, and that's why we should consider how we could make it work even if we fail at times. I have great days, I have terrible days, these are my terrible days, I am going to hope that I will do better. Its not important if you fail at times, what matters is if you give up or grind through it, if you give up then you really lose, but if you push through that period, you will reach better times. Or at least that's what I hope.
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All of those who have no experience will always be in fear of lossing money and they will have doubt in their decision but with the passage of time when you realize everything and get an experience then you will feeling bold for your decision. Actually little knowledge will put you in doubt because you will have no idea that you are doing wrong or true.
Every person should enhance his own boldness as if a person himself is not understanding good or bad then nobody can guide him because he will also have doubt in others suggestions. I think if you have learned everything well then you can go ahead without thinking for future and also remember that win or loss is the part of life so never give up.
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Why should a trader have consecutive losses and still continue to trade? Some traders will trade for years and continuing losing but will not stop but continue to trade and suffer more losses. Some people just suppose to hold and be happy. People that are wise will do something and if they make losses like three times already, they quit that thing and said it is not their way.
Yes, you are correct. Some people feel that this is not their field or that this thing does not suit their nature or inclinations, so they leave the field after two or three failed attempts.
But I am talking here about traders who have experience and have achieved a lot of success, but they sometimes go through difficult times and suffer successive losses. These people love the field and will not leave it even if they are exposed to a series of losses because they know that they achieved success in the beginning and now something is wrong with them, so they stop for a while and they come back, but they never leave the field of trading because they love it.
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Every person should enhance his own boldness as if a person himself is not understanding good or bad then nobody can guide him because he will also have doubt in others suggestions. I think if you have learned everything well then you can go ahead without thinking for future and also remember that win or loss is the part of life so never give up.
Just make sure you prepare the risk management thoroughly. Becoming bold or taking more risks is almost the same as making bad decisions if you don't have enough capital and leeway to do so. I don't believe that taking more risks is the only key to success, and it is easy for someone who is at the top to say so since they won't know how much is due to luck and timing instead of supplying more money to buy some meme token. Not to mention many people went broke due to bad entry and poor trading management, which you can find easily on the internet/news websites. CMIIW.
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Am I the only one who gets this feeling that maybe I am just doing everything wrong in trading?
A couple of months ago when I started trading I got this feeling whenever get my trades wrong. Like in a week straight I amounted to so many losses that I felt this edge of seeing trade as a waste of time. Long story short, I'm still here trading and enjoying every little profit I get...
Now, I decided to share this with all of you. Never give up, whenever you think you're getting it wrong, just give it a break and relax. Is ok to be mad. Always remember no elite trader made it just like that. I feel the same thing this period. So, go relax and come back when your head is clear
Actually one cannot learn anything at once, he has to learn gradually. Although you have suffered in the initial stages of the trading platform, many of you have shown interest in trading due to which you have now experienced the trading platform and are able to earn from trading. If you had left the trading platform when you were hurt by the trading platform, you might not have learned anything about trading and gained trading experience. So to gain something in life you have to lose something. But some important trading platform tricks are not to be too greedy, not to lose patience and not to trade on emotion. If a trader can follow these few strategies then he can survive on the trading platform.
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Am I the only one who gets this feeling that maybe I am just doing everything wrong in trading?
Sometimes I also feel this because at that time, I didn't feel okay with the trading. In the sense that I'm not really sure about starting trading, but I'm forcing myself to do it because I see how successful other people are in trading.
And then, this is what actually makes me worse, not only thinking that what I did was wrong. but indeed I took the wrong step.
How could it not be? I did it with pretty poor preparation and without good analysis. So, pure is like just following along. So what do you expect from these things? trading without thorough preparation in various aspects? Of course there isn't, it's just luck, and this won't work. Because of that, mature yourself every time you want to do something, including trading crypto which is inherently very risky. If not, it's better to hold off for a moment to really be ready to do it.
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While trading, one can actually have some mixed feelings, especially when the trader is facing lose in their trade or when the market is moving against the trader at the very moment they just entered the position thinking that it was the best opportunity to buy long or sell short. Trading is for everyone but it's not for the weak.
For example, I entered a "Long" Position earlier day before yesterday for TON/USDT pair but the market keeps going short till this morning, I just decided to call back the trade and entered a short position which within an interval of 3 hours, was able to recover my lose. The day I took the long position which immediately started going against me, I felt bad like I was not patient before entering the trade. The truth of trading is that we can not be right all the time.
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Sometimes I also feel this because at that time, I didn't feel okay with the trading. In the sense that I'm not really sure about starting trading, but I'm forcing myself to do it because I see how successful other people are in trading.
That is what we call inspiration. When we see that some others are successful in doing something, we start to do the same thing even though we are not ready for that or we are not experts in that field. This happens in real life as well. When people see that someone makes huge money from the cattle farm business, others also follow them and try to build a cattle farm business without learning how to do it properly. We cannot do everything with the money. We need experience and we have to learn before we start doing anything. It's not easy to make money overnight. Trading is not easy as well. If you do not have knowledge in understanding the trading patterns, you won't be successful person.
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That is what we call inspiration. When we see that some others are successful in doing something, we start to do the same thing even though we are not ready for that or we are not experts in that field. This happens in real life as well. When people see that someone makes huge money from the cattle farm business, others also follow them and try to build a cattle farm business without learning how to do it properly. We cannot do everything with the money. We need experience and we have to learn before we start doing anything. It's not easy to make money overnight. Trading is not easy as well. If you do not have knowledge in understanding the trading patterns, you won't be successful person.
Many people really want to achieve success, but sometimes the path they take will not be the same as they did. At least we have to keep trying to do something with maximum effort, while the results we get later depend on the hard work we have done. As long as we do something to the maximum then of course the results we get will be very good.
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Many people really want to achieve success, but sometimes the path they take will not be the same as they did. At least we have to keep trying to do something with maximum effort, while the results we get later depend on the hard work we have done. As long as we do something to the maximum then of course the results we get will be very good.
I don't deny what you have said. But we don't understand the fact that everyone is not fit for everything. Everyone cannot be a farmer. Everyone cannot be a trader and everyone cannot be a coder. I know that there are web developers who make hundred thousand dollars a month. Now, if I take this as an inspiration and switch to web development, I don't think I will be successful in this field. There are too many reasons behind it. I am not a coder and learning code is impossible in a month or so. Web developers have to learn a couple of languages and they have to be experts to get some big jobs. They need experience as well. If I want to be a web developer, I have to spend at least five years to start earning. So, if trading is not for me, there is no reason to do.
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Many people really want to achieve success, but sometimes the path they take will not be the same as they did. At least we have to keep trying to do something with maximum effort, while the results we get later depend on the hard work we have done. As long as we do something to the maximum then of course the results we get will be very good.
A job if done with passion and right then it will give a pretty good results.
The important thing is not to give up if your failure happens because it could be the beginning of success that will happen.
How in the crypto space with many opportunities that can be put to good use, there are many successful people born from crypto.
Who really learns and works hard, then they will enjoy the results.
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Am I the only one who gets this feeling that maybe I am just doing everything wrong in trading?
A couple of months ago when I started trading I got this feeling whenever get my trades wrong. Like in a week straight I amounted to so many losses that I felt this edge of seeing trade as a waste of time. Long story short, I'm still here trading and enjoying every little profit I get...
Now, I decided to share this with all of you. Never give up, whenever you think you're getting it wrong, just give it a break and relax. Is ok to be mad. Always remember no elite trader made it just like that. I feel the same thing this period. So, go relax and come back when your head is clear
With how you shared it, yes you are doing things wrong.
You know what's better? You're learning with the mistakes that you've done. :)
Making mistakes not only in trading but in everything in our lives is inevitable. What's better is we are learning from those mistakes. It's good that you are still trading despite experiencing series of losses. I want to do the same as you did but unfortunately, I ran out of money for trading hence, I stopped it. You looked trading as a waste of time, but here you are still trading despite getting many losses. :D
Anyway, not giving up in trading is a good thing, but make sure that you aren't using other people's money or money that's intended to pay bills in trading. :D There are some traders who are doing that that's why I emphasized it. Not giving up sometimes is a good decision but sometimes, giving up for a better option is also a good decision. It all comes to the trader. As for me, I stopped trading not only because I don't have spare money anymore, but I'd rather focus on just holding coins. Lesser rewards though but lesser stress. :)
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I think those of us who understand our mistakes are the most successful in trading. That is why I said that those who realize their mistakes in trading are very successful because if a trader realizes his mistakes, he will definitely not move on to the next stage of trading after realizing his mistakes. Mistakes are usually made by traders who make mistakes but they don't realize their mistakes or they don't find where they are making mistakes. Only people make mistakes, but after making a mistake, you must understand that mistake. If you don't understand your mistake, then you cannot find that mistake later and work on that area.
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A job if done with passion and right then it will give a pretty good results.
The important thing is not to give up if your failure happens because it could be the beginning of success that will happen.
How in the crypto space with many opportunities that can be put to good use, there are many successful people born from crypto.
Who really learns and works hard, then they will enjoy the results.
Hurdles come in every way and those will be successful who use these hurdles as a forward step toward success but those will always face failure who cannot fulfil their dreams due to fear of hurdles.
We should not leave any job due to the reason of hurdles but we should learn to minimize such hurdles in order to become successful. From crypto only those come with success who possess knowledge and never feel sad due to obstacles in their way so reduces your fear, increases your knowledge if you want to be a successful person like others.
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Now, I decided to share this with all of you. Never give up, whenever you think you're getting it wrong, just give it a break and relax. Is ok to be mad. Always remember no elite trader made it just like that. I feel the same thing this period. So, go relax and come back when your head is clear
You are a good example for newcomers in the trading sphere because just like how you thought, most newbie traders tend to give up and stop trading and get away from cryptocurrencies when they incur some losses in the initial stage which isn't how it's done. If you want success in trading, you will need to bear losses for sure and you will only make it if you don't give up and keep learning and improving over time.
Traders who are experts now and understand the market very well were once newbies as well, but what they did is they never gave up but when they were criticized or when they face failure, they improve the areas where they lack knowledge and come back stronger.
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Many people really want to achieve success, but sometimes the path they take will not be the same as they did. At least we have to keep trying to do something with maximum effort, while the results we get later depend on the hard work we have done. As long as we do something to the maximum then of course the results we get will be very good.
Of course, we may have different ways to succeed. We don't need to follow the same way that other people did for their success. It is a must to do maximum efforts, it is the only way to reach the success. Without the efforts, there will be no success, it is impossible. But sometimes unlucky people still fail to succeed although they have done the maximum efforts. However, I think we don't need to feel sad but we can try to do efforts in other fields.
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Of course, we may have different ways to succeed. We don't need to follow the same way that other people did for their success. It is a must to do maximum efforts, it is the only way to reach the success. Without the efforts, there will be no success, it is impossible. But sometimes unlucky people still fail to succeed although they have done the maximum efforts. However, I think we don't need to feel sad but we can try to do efforts in other fields.
That's right, every human being has their own path to getting money or success, this all depends on the effort they put in. As long as they keep trying hard they will get very pleasant results.
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Of course, we may have different ways to succeed. We don't need to follow the same way that other people did for their success. It is a must to do maximum efforts, it is the only way to reach the success. Without the efforts, there will be no success, it is impossible. But sometimes unlucky people still fail to succeed although they have done the maximum efforts. However, I think we don't need to feel sad but we can try to do efforts in other fields.
That's right, every human being has their own path to getting money or success, this all depends on the effort they put in. As long as they keep trying hard they will get very pleasant results.
Indeed we have to find something that we think is our fashion, when we have found it we will be easier to live it. Like for example in this crypto field, I feel this is part of my fashion and I won't miss it.
But our journey to find something that we have more expertise in it, it is something that is not easy at all, there is a long process that we must do to find everything and it requires hard work.
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Indeed we have to find something that we think is our fashion, when we have found it we will be easier to live it. Like for example in this crypto field, I feel this is part of my fashion and I won't miss it.
But our journey to find something that we have more expertise in it, it is something that is not easy at all, there is a long process that we must do to find everything and it requires hard work.
That is the process that we have to face because success requires a process that is quite difficult to do, but as long as we want to always try to be the best with the right methods, the process of becoming rich will be enjoyable. Memories of the hard work done when you were young will be able to be told when you are old.
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Indeed we have to find something that we think is our fashion, when we have found it we will be easier to live it. Like for example in this crypto field, I feel this is part of my fashion and I won't miss it.
But our journey to find something that we have more expertise in it, it is something that is not easy at all, there is a long process that we must do to find everything and it requires hard work.
That is the process that we have to face because success requires a process that is quite difficult to do, but as long as we want to always try to be the best with the right methods, the process of becoming rich will be enjoyable. Memories of the hard work done when you were young will be able to be told when you are old.
Becoming a fighter is not easy, most of them fail when going through a difficult process. but if successful he has a story in the experience he had. Likewise, learning to trade in crypto, when seeking experience and learning, we will be faced with a painful experience, namely loss
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Indeed we have to find something that we think is our fashion, when we have found it we will be easier to live it. Like for example in this crypto field, I feel this is part of my fashion and I won't miss it.
But our journey to find something that we have more expertise in it, it is something that is not easy at all, there is a long process that we must do to find everything and it requires hard work.
That is the process that we have to face because success requires a process that is quite difficult to do, but as long as we want to always try to be the best with the right methods, the process of becoming rich will be enjoyable. Memories of the hard work done when you were young will be able to be told when you are old.
Becoming a fighter is not easy, most of them fail when going through a difficult process. but if successful he has a story in the experience he had. Likewise, learning to trade in crypto, when seeking experience and learning, we will be faced with a painful experience, namely loss
Well, in this case, a high mentality is needed, because I am sure that some of the people who are now considered "successful" in the crypto space may have initially been people who experienced repeated failures before they finally found something that made them who they are today.
I am also not someone who has had a smooth path in the crypto field, because in the past I have also experienced something that I did not want. Maybe if we didn't have that mentality, then we wouldn't be here now.
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While trading, one can actually have some mixed feelings, especially when the trader is facing lose in their trade or when the market is moving against the trader at the very moment they just entered the position thinking that it was the best opportunity to buy long or sell short. Trading is for everyone but it's not for the weak.
For example, I entered a "Long" Position earlier day before yesterday for TON/USDT pair but the market keeps going short till this morning, I just decided to call back the trade and entered a short position which within an interval of 3 hours, was able to recover my lose. The day I took the long position which immediately started going against me, I felt bad like I was not patient before entering the trade. The truth of trading is that we can not be right all the time.
It is true that a trader may have mixed feelings after taking a new trade. If that trade goes particularly negative. Many traders are emotionally strong before trading, but if there is a temporary fall, many cannot hold their emotions. Trading is not just about buying or selling. A trader must acquire a good understanding of several things. Not only you but I myself have taken some trades that after a while I get quite anxious when the price fluctuates a lot. But I was able to move away from that idea. I try to do a lot of research before taking on a new trade.
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I am also not someone who has had a smooth path in the crypto field, because in the past I have also experienced something that I did not want. Maybe if we didn't have that mentality, then we wouldn't be here now.
All the past that brought us down will make us learn how to grow.
Almost 10 years in crypto and starting with many mistakes and stupidity made me understand what I should be doing in crypto.
Nothing is instant, everything requires a process, ups and downs building a crypto portfolio to date what I want can be achieved.
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I am also not someone who has had a smooth path in the crypto field, because in the past I have also experienced something that I did not want. Maybe if we didn't have that mentality, then we wouldn't be here now.
All the past that brought us down will make us learn how to grow.
Almost 10 years in crypto and starting with many mistakes and stupidity made me understand what I should be doing in crypto.
Nothing is instant, everything requires a process, ups and downs building a crypto portfolio to date what I want can be achieved.
I agree with you, every bad thing we experience in the past allows us to grow better, as long as we can learn from the mistakes we have made so that we feel things we don't really want to feel.
Not only in the past did we make mistakes, but now we still make some mistakes, it's just that they are not as bad as in the past. What makes us like that is experience and we can learn from it so we can survive.
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The race of crypto to all about updates,study and strategies. You only beed to keep the trade on base on different categories of currencies. Crypto currency induced users to logically explore in any means profitable. Just take your time and don't be too greedy.
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Not only in the past did we make mistakes, but now we still make some mistakes, it's just that they are not as bad as in the past. What makes us like that is experience and we can learn from it so we can survive.
LOL, that's the reality of being very silly with the same mistakes.
But consciously I can overcome it all now.
A mistake on the project, too much panic or whatever it is is no longer a burden, is trained enough to cope with such problems.
Bad experiences in the past are really a good reminder.
It's not entirely going to escape the blame, but it's become better to deal with a crypto world that's pretty cruel to those who aren't prepared.
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Not only in the past did we make mistakes, but now we still make some mistakes, it's just that they are not as bad as in the past. What makes us like that is experience and we can learn from it so we can survive.
LOL, that's the reality of being very silly with the same mistakes.
But consciously I can overcome it all now.
A mistake on the project, too much panic or whatever it is is no longer a burden, is trained enough to cope with such problems.
Bad experiences in the past are really a good reminder.
It's not entirely going to escape the blame, but it's become better to deal with a crypto world that's pretty cruel to those who aren't prepared.
Yes, clearly we can overcome that now, or at least we can minimize something that will make us make the wrong decision later.
As for panic or fear, I think I no longer have a problem with that, because you could say we can control it all. There are many things that make us better equipped to control panic or fear.
It's true, this crypto space becomes a cruel space, if we don't have enough knowledge. Therefore we must always learn.
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The race of crypto to all about updates,study and strategies. You only beed to keep the trade on base on different categories of currencies. Crypto currency induced users to logically explore in any means profitable. Just take your time and don't be too greedy.
That's the main problem, most traders who get into the market newly don't give it enough time, they rush into the market and start making trades right away when they are supposed to learn and gather knowledge at first, but since they are greedy and want to start making money at the earliest, they don't wait and do the right thing, they realize their mistake later when they start losing money.
New traders need to learn a lot of things, and the very first thing that they need to learn is that they can't start earning money without knowledge and that they need to learn everything first to be able to stay and maintain a profitable journey in this industry.
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Trading technical is something that everyone needs to have a very relaxed mind and acquire a lot of knowledge on market analysis and market research and trading charts to enjoy and profit from it. those who trade by following and knowing these requirements are able to make a variety of potential decisions and make good profits from trading and only those who succeed and others lose huge amounts.
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Ohhh, today has been that day for sure. There are many moments in my life when I feel like I do not get it at all, sometimes it feels like I am not understanding the situation and whats going on, its really not a good look at all. However, I have to really consider the fact that I am not going to make anything to be better in the end, its just not a good thing to try to "understand" why something happened, sometimes you just need to look at the future. I believe that we are going to do better for sure, its not going to be all that long, I just need to keep my head high and keep investing with very little I have, even if I don't then just not sell all I have.
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The race of crypto to all about updates,study and strategies. You only beed to keep the trade on base on different categories of currencies. Crypto currency induced users to logically explore in any means profitable. Just take your time and don't be too greedy.
There is not much room for mistakes in trading because if you make a mistake here money will be at risk and if money is at risk there will be a high chance of losing money from it. That's why every trader is asked to do trading by studying enough about trading first because if you don't have a proper understanding of trading or if you trade in a wrong way with a wrong idea, there may be loss of money instead of profit. As we all come to make profit by trading so we must always adopt the right method and always adopt the right method to trade in that right way only from here we will get our desired results.
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I agree with you, every bad thing we experience in the past allows us to grow better, as long as we can learn from the mistakes we have made so that we feel things we don't really want to feel.
Not only in the past did we make mistakes, but now we still make some mistakes, it's just that they are not as bad as in the past. What makes us like that is experience and we can learn from it so we can survive.
Sometimes making mistakes is also necessary because if we make mistakes then we will not repeat that thing in future and our chances of loss will be lower as we overcome mistakes through experiencing it in the past.
We will be able to perform better in future if we don't think about loss but we think about our experience which we gain from these losses so in future we will be more talented traders by sacrificing different things.
In the past our mistakes were numerous but now as we are getting experience so the number of our mistakes are minimum but still we are making some mistakes because the market is highly unpredictable which is not easy to identify no matter how long it takes time to learn but little mistakes will always be done.
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The race of crypto to all about updates,study and strategies. You only beed to keep the trade on base on different categories of currencies. Crypto currency induced users to logically explore in any means profitable. Just take your time and don't be too greedy.
Yes, we need to improve our knowledge, we need to update the information about crypto coins. In this way, we can develop the strategy and knowledge besides having more experiences. However, it is true that we also need to have good mentality. We don't need to be greedy, we must feel realistically. If we want to learn from the mistakes, we can improve our mentality.
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In the past our mistakes were numerous but now as we are getting experience so the number of our mistakes are minimum but still we are making some mistakes because the market is highly unpredictable which is not easy to identify no matter how long it takes time to learn but little mistakes will always be done.
Small mistakes that occur will only be a reminder that anything can happen, even if it has been a long time or those who are professionals.
If you have a lot of experience, of course you will know what needs to be done to minimize these mistakes.
Mistakes made before will also train trading psychology well so as not to panic too much with a decline or some FOMO that sometimes occurs.
It also has to do with how to control yourself not to get stuck in an unfortunate situation.
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The race of crypto to all about updates,study and strategies. You only beed to keep the trade on base on different categories of currencies. Crypto currency induced users to logically explore in any means profitable. Just take your time and don't be too greedy.
Yes, we need to improve our knowledge, we need to update the information about crypto coins. In this way, we can develop the strategy and knowledge besides having more experiences. However, it is true that we also need to have good mentality. We don't need to be greedy, we must feel realistically. If we want to learn from the mistakes, we can improve our mentality.
When one becomes greedy and over-greed, it becomes common for him to make wrong decisions because greed makes people overthink. panic in trading leads to a very bad trading experience. Because when you are greedy you cannot think normally Then you panic and think of getting big quick by investing more than a single kien and thus face losses due to wrong decisions. So greed must be controlled then it is possible to protect yourself from loss.
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I agree 100%. I also think only investing in bitcoin or investing in one of the altcoins is not a smart strategy at all. You need to keep a holistic view and invest in btc and altcoins that show promise. You cannot be dismissive toward alts. A diverse portfolio is key for maximum gains in the short and long run.
Undoubtedly, diversification is the best way to go because we always hear people say that we shouldn't put all our eggs in one basket, and if we ignore that saying, it means we are being deliberately ignorant which isn't a good thing, I believe.
So even though we know that Bitcoin is the best cryptocurrency in the market and that it is the most trusted one when it comes to making investments, that doesn't mean we don't have any worthy altcoins in the market to add to our portfolios.
We should do enough research and find out the best altcoins in the market and then make investments in them alongside Bitcoin to have higher potentials for profit when the market starts going up.
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Sometimes making mistakes is also necessary because if we make mistakes then we will not repeat that thing in future and our chances of loss will be lower as we overcome mistakes through experiencing it in the past.
We will be able to perform better in future if we don't think about loss but we think about our experience which we gain from these losses so in future we will be more talented traders by sacrificing different things.
You are right that our mistakes can be our best teachers, but isn't it better if we learn from the experiences of others instead of experiencing things ourselves and making mistakes to learn? It's not that difficult, all it needs is to have good observation skills so that we can observe other people around us and learn from their mistakes and experiences so that we don't have to incur losses ourselves.
In trading and the cryptocurrency market, it is essential for us to gather enough knowledge before we get involved, and when we have enough knowledge, we can avoid clear mistakes that we know will make us bear losses so that we can experience minimal losses.
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I agree with you, every bad thing we experience in the past allows us to grow better, as long as we can learn from the mistakes we have made so that we feel things we don't really want to feel.
Not only in the past did we make mistakes, but now we still make some mistakes, it's just that they are not as bad as in the past. What makes us like that is experience and we can learn from it so we can survive.
Sometimes making mistakes is also necessary because if we make mistakes then we will not repeat that thing in future and our chances of loss will be lower as we overcome mistakes through experiencing it in the past.
We will be able to perform better in future if we don't think about loss but we think about our experience which we gain from these losses so in future we will be more talented traders by sacrificing different things.
In the past our mistakes were numerous but now as we are getting experience so the number of our mistakes are minimum but still we are making some mistakes because the market is highly unpredictable which is not easy to identify no matter how long it takes time to learn but little mistakes will always be done.
A child who can walk will definitely go through a phase where they have to fall up and down and learn to balance and slowly they learn step by step until the child can really walk.
This is part of the process, those who want to taste sweet, then they must know how bitter tastes. And if we connect it with the world of crypto, we will really feel how it can make us understand and be better in the future.
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Yes, there are times we may be doing things without having a proper knowledge of doing it, yet without knowing that we are having the wrong perspective in it, later in life, we may choose to go through the proper way of doing that same thing only to realized that we have all the way long been doing the wrong thing using the wring pattern, that is why learning is very important for us to maintain having each time we are about to start trading.
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Yes, there are times we may be doing things without having a proper knowledge of doing it, yet without knowing that we are having the wrong perspective in it, later in life, we may choose to go through the proper way of doing that same thing only to realized that we have all the way long been doing the wrong thing using the wring pattern, that is why learning is very important for us to maintain having each time we are about to start trading.
That is what is called learning from experience when we have made mistakes, and trying not to repeat the same mistake. We will always face this problem in our lives, not only in investing. Being an investor and trader, we also often make mistakes and lose.
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Yes, there are times we may be doing things without having a proper knowledge of doing it, yet without knowing that we are having the wrong perspective in it, later in life, we may choose to go through the proper way of doing that same thing only to realized that we have all the way long been doing the wrong thing using the wring pattern, that is why learning is very important for us to maintain having each time we are about to start trading.
That is what is called learning from experience when we have made mistakes, and trying not to repeat the same mistake. We will always face this problem in our lives, not only in investing. Being an investor and trader, we also often make mistakes and lose.
Trading and investing have all experienced losses. As you said, the experience of losses will be an important lesson for every trader so as not to repeat the same mistakes. We as humans are a place where we always make mistakes, whatever the type of mistake.
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Am I the only one who gets this feeling that maybe I am just doing everything wrong in trading?
A couple of months ago when I started trading I got this feeling whenever get my trades wrong. Like in a week straight I amounted to so many losses that I felt this edge of seeing trade as a waste of time. Long story short, I'm still here trading and enjoying every little profit I get...
Now, I decided to share this with all of you. Never give up, whenever you think you're getting it wrong, just give it a break and relax. Is ok to be mad. Always remember no elite trader made it just like that. I feel the same thing this period. So, go relax and come back when your head is clear
Yes i also think all is wrong which is done by me. I am trading. Trading is not too easy matter. I think when anyone trade most of them things this. And it also true when our lose quantity were more and more then we have to need take a brake. We need refreshment. After refreshment we should join our trade again.
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Patience is the key to success. Even if things are not going in your way, you have to stick to it and the success will come eventually. Most people have faced problems when they started trading. As you gain experience things will be better. At he beginning don't go for big profits, set you goal small and things will work in your favor.
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Trading and investing have all experienced losses. As you said, the experience of losses will be an important lesson for every trader so as not to repeat the same mistakes. We as humans are a place where we always make mistakes, whatever the type of mistake.
Losses are inevitable, if you are into a market that you know has volatile assets and the prices of those assets keep fluctuating up and down, you should know that you can get both profits and losses if you invest money in those assets. So there is no doubt that every single person involved in such a market will experience losses whether they are new in it or experienced.
There is nothing wrong with making mistakes because we are humans, we tend to make mistakes in everything we do, the problem is if we don't learn from our mistakes and keep repeating the same mistakes again and again. We need to learn and grow because of the mistakes that we make.
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Once again, I felt like this recently. I mean its common and not really that weird, there are days when I feel awesome and days when I feel horrible, this week has been one of the weeks where I feel like I never even understood about trading. What you need to realize si that yo uare not horrible at trading, there are just some periods, like I know that I have been in this world for many years now and I know that I haver made so many profits and I have made so many losses as well, overall I would say that I come up at profit when you combine all my trades. That can't be all luck, so I know how to trade, this was just a bad week.
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Am I the only one who gets this feeling that maybe I am just doing everything wrong in trading?
A couple of months ago when I started trading I got this feeling whenever get my trades wrong. Like in a week straight I amounted to so many losses that I felt this edge of seeing trade as a waste of time. Long story short, I'm still here trading and enjoying every little profit I get...
Now, I decided to share this with all of you. Never give up, whenever you think you're getting it wrong, just give it a break and relax. Is ok to be mad. Always remember no elite trader made it just like that. I feel the same thing this period. So, go relax and come back when your head is clear
On the time that you would really be starting on trading or simply just being a noob or even when you are already that old then on the time that you would be experiencing those loses then you would be telling into yourself on what the hell did it go wrong or what are the things that you have done on why you do end up on that condition? IT would really be impossible that you wont really be able to think up that well when it comes to this situation on which it would really be just that fine because not all would really be that perfect and dealing up with this space isnt somehting that would really be so simple. Therefore, its good that you've been aware on the condition because you would eventually be finding up ways and methods on which you do seem that it will really be
changing up the results.
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Patience is the key to success. Even if things are not going in your way, you have to stick to it and the success will come eventually. Most people have faced problems when they started trading. As you gain experience things will be better. At he beginning don't go for big profits, set you goal small and things will work in your favor.
This advice looks easy to say but trust me, if you are holding coin for the first time and probably experience bear for the first time when you are expecting to see bull run, you will lack the patience because bear market is between two to three years but it's like 20-30 years to a holder. However, if you were able to master the act of holding and be patient with holding a coin, you will enjoy every bit of holding the coin.
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Patience is the key to success. Even if things are not going in your way, you have to stick to it and the success will come eventually. Most people have faced problems when they started trading. As you gain experience things will be better. At he beginning don't go for big profits, set you goal small and things will work in your favor.
This advice looks easy to say but trust me, if you are holding coin for the first time and probably experience bear for the first time when you are expecting to see bull run, you will lack the patience because bear market is between two to three years but it's like 20-30 years to a holder. However, if you were able to master the act of holding and be patient with holding a coin, you will enjoy every bit of holding the coin.
Therefore, when you want to buy coins you have to consider them carefully, so far the coin that is very suitable for keeping for the next 30 years in my opinion is Bitcoin. Apart from the increasing demand for bitcoin, the supply of bitcoin is also increasingly difficult to obtain, so this will have a good influence on the price of bitcoin in the future.
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Yes, there are times we may be doing things without having a proper knowledge of doing it, yet without knowing that we are having the wrong perspective in it, later in life, we may choose to go through the proper way of doing that same thing only to realized that we have all the way long been doing the wrong thing using the wring pattern, that is why learning is very important for us to maintain having each time we are about to start trading.
That is what is called learning from experience when we have made mistakes, and trying not to repeat the same mistake. We will always face this problem in our lives, not only in investing. Being an investor and trader, we also often make mistakes and lose.
Honestly, we all make a mistakes in trading including those professionals. But if we already learned from our mistake why we still losing? Losing in trading doesn't mean you made a mistake in your analysis. You're just doing your analysis correctly based on your trading plan and because the market is unpredictable, sometimes we lose. So we don't have to get upset of losing because it's normal, if you backtested your trading strategy well you have to trust it.
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Honestly, we all make a mistakes in trading including those professionals. But if we already learned from our mistake why we still losing? Losing in trading doesn't mean you made a mistake in your analysis. You're just doing your analysis correctly based on your trading plan and because the market is unpredictable, sometimes we lose. So we don't have to get upset of losing because it's normal, if you backtested your trading strategy well you have to trust it.
Sometimes we don't lose due to our mistakes and we are carrying out all the activities in a better way but sometimes the market does not allow us to earn profit from our trading and investment therefore it is the reality that experts also lose money but all the time they don't make mistakes but the market is not productive.
Think about every loss as an advantage because it teaches us something beneficial which we cannot learn without making such loss and it will help us in the coming days to earn more than our loss.
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Patience is the key to success. Even if things are not going in your way, you have to stick to it and the success will come eventually. Most people have faced problems when they started trading. As you gain experience things will be better. At he beginning don't go for big profits, set you goal small and things will work in your favor.
This advice looks easy to say but trust me, if you are holding coin for the first time and probably experience bear for the first time when you are expecting to see bull run, you will lack the patience because bear market is between two to three years but it's like 20-30 years to a holder. However, if you were able to master the act of holding and be patient with holding a coin, you will enjoy every bit of holding the coin.
You are right, advice is an easy thing to say, but in practice it is very difficult, especially for beginners who will definitely feel anxious when they hold coins. When they make a profit they will want to immediately take advantage, and when they lose they will panic even more and they will want to get out quickly.
This is an experience that almost everyone will feel, I have also experienced things like this in the past. However, with the passage of time we can understand and it is better to be patient.
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Now, I decided to share this with all of you. Never give up, whenever you think you're getting it wrong, just give it a break and relax. Is ok to be mad. Always remember no elite trader made it just like that. I feel the same thing this period. So, go relax and come back when your head is clear
Some advice that might be related to this is don't push your luck if it turns out that on that day you feel like you are unlucky in doing anything. I'm sure, everyone has their own unlucky day and it's very boring. Every decision you make will be unlucky, so you have to take a break from whatever it is when it happens to your life.
I agree with your suggestion to calm your mind first, we need clear thinking and also mature calculations in order to produce better decisions.
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Now, I decided to share this with all of you. Never give up, whenever you think you're getting it wrong, just give it a break and relax. Is ok to be mad. Always remember no elite trader made it just like that. I feel the same thing this period. So, go relax and come back when your head is clear
Some advice that might be related to this is don't push your luck if it turns out that on that day you feel like you are unlucky in doing anything. I'm sure, everyone has their own unlucky day and it's very boring. Every decision you make will be unlucky, so you have to take a break from whatever it is when it happens to your life.
I agree with your suggestion to calm your mind first, we need clear thinking and also mature calculations in order to produce better decisions.
It's true, not always the day we go through always gives us luck. Sometimes we also have to go through a very tiring day because there is too much pressure and too much work that makes us work beyond the limit. Health is number one, so when that all happens, I prefer to close my eyes and leave all activities for a moment.