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Author Topic: Online trading dey cause mental issues!  (Read 2583 times)

Offline Thyplaymaker

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Online trading dey cause mental issues!
« on: December 16, 2023, 07:51:11 PM »
Omo many traders for this crypto space go fit relate.Stress dey trading mani pipo make dey think Shey online trading easy omo nor easy at all mostly make u get poor risk management. Some time e get some loss make you go loss ehn body go tell u through process mood swing go fit come seff, so those of Una make still dey think shey trading get rich quick scheme, nothing like that e dey take time and principles to be a successful trader.

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Online trading dey cause mental issues!
« on: December 16, 2023, 07:51:11 PM »

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Offline Coinmama7824

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Re: Online trading dey cause mental issues!
« Reply #1 on: December 16, 2023, 08:53:42 PM »
Omo many traders for this crypto space go fit relate.Stress dey trading mani pipo make dey think Shey online trading easy omo nor easy at all mostly make u get poor risk management. Some time e get some loss make you go loss ehn body go tell u through process mood swing go fit come seff, so those of Una make still dey think shey trading get rich quick scheme, nothing like that e dey take time and principles to be a successful trader.

Lol I relate to wetin you dey talk bro, I say e get money I lose one day for trading, Omo e touch me to the extent I talk say I no dey trade again, I say I lose wetin no nice that day. The previous days for that wee been go well oo, I make better profits and then that day then just collect am finish with extra, infact them take x4, chooo e weigh me wetin no nice.

But n e be trading for you, sometimes you win, sometimes you win and sometimes you go loose, but you go just dey move regardless.
« Last Edit: December 16, 2023, 08:57:53 PM by Coinmama7824 »

Online Igebotz

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Re: Online trading dey cause mental issues!
« Reply #2 on: January 04, 2024, 02:23:07 PM »
Omo many traders for this crypto space go fit relate.Stress dey trading mani pipo make dey think Shey online trading easy omo nor easy at all mostly make u get poor risk management.
Yes o, trading no be child's play at all especially for newbies and if I say e easy then na set up. Sometimes wen we hear the testimonies of successful online traders we go think say we fit achieve that height easily but the coco be say e nor dey easy but wen we trade steady steady we go understand certain principles of online trading wey go help us gain from online trading and I want ona to know say the principle no mean say the online trading go always dey be rollercoaster just that you go begin dey see progress and gain from the online trading compared to wen you been never understand the principles.
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Offline SmartGold01

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Re: Online trading dey cause mental issues!
« Reply #3 on: January 04, 2024, 04:46:12 PM »
We know say trading na very difficult task to carry out especially when it happens that we don't have patients to go through all the trading guidelines, most people especially those that impatient can easily go lose money because they had that trading is lucrative since many people are doing pretty cool with it. If you look very clearly anyone that has lose money will not rush into trading again he would look for another alternative or wanting to acquire more skills from those who are trading well to be able to make profits from them. In all patient is the key and most exercise patient while trading.

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Re: Online trading dey cause mental issues!
« Reply #4 on: January 04, 2024, 09:43:22 PM »
Omo many traders for this crypto space go fit relate.Stress dey trading mani pipo make dey think Shey online trading easy omo nor easy at all mostly make u get poor risk management.
Yes o, trading no be child's play at all especially for newbies and if I say e easy then na set up. Sometimes wen we hear the testimonies of successful online traders we go think say we fit achieve that height easily but the coco be say e nor dey easy but wen we trade steady steady we go understand certain principles of online trading wey go help us gain from online trading and I want ona to know say the principle no mean say the online trading go always dey be rollercoaster just that you go begin dey see progress and gain from the online trading compared to wen you been never understand the principles.
exactly after experiencing so much losses Omo i began to wise up oh shey if I continue the way I try dey run Al I go end up giving up with greater losses. Nah start to follow certain principles, I con dey control fomo I con dey mind d way I use liverages and all that.

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Re: Online trading dey cause mental issues!
« Reply #5 on: January 04, 2024, 09:57:00 PM »
Normally, trading is not easy. If it were as easy as some people think, then everyone would have become traders. Some people actually think that trading is also the same as gambling, and that's where they begin to have problems with trading and encounter more losses. Gambling is based primarily on luck, while trading is based on skills developed, strategies developed, the ability to handle losses, and emotional controls.

I was a trader, but I just stopped trading due to some other activities that were consuming my time. Future trading is very risky, and I only tried it a few times on Digifinex Exchange, which is my best exchange any time I want to trade in the future. I don't quite understand Binance Exchange futures trading the way I do on Digifinex. Although I was more into spot trading, which is buying low and selling high, I did research on most altcoins and bought when the price was low and sold at a high price, which was actually earning me some profit but was not very easy. I recommend buying low and selling high to be easier than future trading.

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Re: Online trading dey cause mental issues!
« Reply #6 on: January 04, 2024, 11:59:08 PM »
Omo many traders for this crypto space go fit relate.Stress dey trading mani pipo make dey think Shey online trading easy omo nor easy at all mostly make u get poor risk management. Some time e get some loss make you go loss ehn body go tell u through process mood swing go fit come seff, so those of Una make still dey think shey trading get rich quick scheme, nothing like that e dey take time and principles to be a successful trader.
E get so many things wey some people Dem no understand at all, Dem dey think say this trading of a thing na child's play. Sometimes I go see some kind guys Dem of teenagers wey go carry them phone dey look forex app 24 hours, Dem go con even dey bugga on top self like say Dem know watin Dem dey do. If to say Dem really understand trading, na study Dem for dey study instead of to dey fool Dem self like dat. Many people wey I kno of wey don try dis trading, Dem don run as e no dey easy at all. The profit no dey big, but u gat need better money to tay start. If person wan really do trading, e go need to study well, practice using any demo account and small small, e go understand how thing Tay dey.

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Re: Online trading dey cause mental issues!
« Reply #6 on: January 04, 2024, 11:59:08 PM »


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Re: Online trading dey cause mental issues!
« Reply #7 on: January 05, 2024, 05:06:55 PM »
Some people actually think that trading is also the same as gambling, and that's where they begin to have problems with trading and encounter more losses. Gambling is based primarily on luck, while trading is based on skills developed, strategies developed, the ability to handle losses, and emotional controls.
Those persons who believe that gambling and trading are the same thing often approach both with the same mindset and end up most times in a financial ruin. As you have rightly said, both are not the same thing and coming to terms with this alternate reality helps a lot especially on how we gamble and also how we trade. In gambling, following certain guides or principles still doesn't guarantee success but one can achieve reasonable success in trading when one abide by some workable principles.
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Offline OWAS

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Re: Online trading dey cause mental issues!
« Reply #8 on: January 05, 2024, 05:59:56 PM »
Omor trading just day swt me for ear whe may friend day talk about am to me the way he talk about it makes me to put interest in trading and hear I am  today try to know more about it before investing, before going into trading one have to prepare his mind to bear what ever it come out of it being it gain or loose major

Offline Gormicsta

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Re: Online trading dey cause mental issues!
« Reply #9 on: January 05, 2024, 06:16:23 PM »
The worst thing wey go fit happen to any novice trader na when e enter trading with the intentions of getting rich asap because e go influence your trading pattern, and if person use that kind pressure take follow trading, e fit go land the person for where e no know because e go affect your risk management and we all know wetin go happen if that kind thing happen to a trader.

Offline EluguHcman

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Re: Online trading dey cause mental issues!
« Reply #10 on: January 08, 2024, 10:46:47 AM »
It still can't be changed. There are certain trading that offers quick rich on schemes. The facts remains that the desperacy you are chasing quick rich is the more risk you faces and more likely regretting you could be.

Offline Evgenklm

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Re: Online trading dey cause mental issues!
« Reply #11 on: January 08, 2024, 10:59:16 AM »
Certainly, many traders in the crypto space can relate to this. Trading can be stressful, so it's crucial to understand the risks involved. Losses can impact your mood and mindset, making it essential to approach trading with caution. For those still considering trading as a quick path to wealth, it's important to know that becoming a successful trader requires time, patience, and nerves.
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Offline Tribalchief

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Re: Online trading dey cause mental issues!
« Reply #12 on: January 08, 2024, 12:18:00 PM »
Omo many traders for this crypto space go fit relate.Stress dey trading mani pipo make dey think Shey online trading easy omo nor easy at all mostly make u get poor risk management. Some time e get some loss make you go loss ehn body go tell u through process mood swing go fit come seff, so those of Una make still dey think shey trading get rich quick scheme, nothing like that e dey take time and principles to be a successful trader.
When it comes to crypto, especially trading, you just gat understand so many concept wey go fit guide you during trading process. The truth be say, u must make losses even as a professional. Crypto trading no dey promising at all. It requires your full attention and time to monitor every market changes. E just be like say crypto traders no dey sleep or get rest.

Dem say na who no go no know. Just because say u see person dey cash out for trading no mean say na win-win situation em dey experience. If dem tell u their losses, u fit no even do crypto at all.
« Last Edit: January 08, 2024, 12:21:18 PM by Tribalchief »
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Offline CryptoLaila

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Re: Online trading dey cause mental issues!
« Reply #13 on: January 08, 2024, 06:06:29 PM »
Omo many traders for this crypto space go fit relate.Stress dey trading mani pipo make dey think Shey online trading easy omo nor easy at all mostly make u get poor risk management. Some time e get some loss make you go loss ehn body go tell u through process mood swing go fit come seff, so those of Una make still dey think shey trading get rich quick scheme, nothing like that e dey take time and principles to be a successful trader.

I get it, I think you mean crypto trading generally. 
Well, crypto trading could be worrying  especially when you opt into a trade at a time you are not supposed  and this is usually driven by our emotions  most times as people needed to get rich quickly as you've said.....

Trading has a lot attached,   as a trader u need to understand that every failure is a lesson,  you should always learn from your mistakes  to grow and for you to progress you need to set your mind of making huge profit in a short period of time , this will make you less greedy

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Re: Online trading dey cause mental issues!
« Reply #14 on: January 08, 2024, 07:11:08 PM »
Yes there is stress in trading and make nobody deceive you shey there is no stress because na internet work. In 2009, when I been dey learn computer, I registered my first trading account Omo it was not easy ooh. And when Bitcoin come I come dey use am dey trade, And Bitcoin own and forex own e no get too much different from di market calculation. But if you understand di entering point and exit point then you are good. And the most sweetest part in trading is when you have enough funds in the trading Wallet and you earned, you earn well but if you loss, when, you go cry oh. But Frankly speaking having enough to trade is the best.

 

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