I fail in trading

[jackky]

I’m a newbie in trading. I want to improve my trading skills. I have heard some experienced trader said that I should learn and read more before start, and also get some experience. Trading requires a lot of patience and hard work, learn about the way to analyze the price chart, when they can be able to analyze price chart they will know the best time to buy and sell and know which one is the best coin to trade…
I tried one but I falied. There is something I don’t know? Please tell me more.

[Speaker]

You don't know very much yet.What is written in books is not a guide to action.There is no single template or scheme by which you can accurately trade.Now the market is trading a huge number of bots, trading algorithms are constantly changing and you need to adapt to these changes are Important experience and practice.

[indexx]

Crypto trading sounds simple. Even if you don't have knowledge about it, your potential failure will be very large. But one key that you must know in crypto trading, you must know when to buy and sell coins for profit. Don't run when a downtrend occurs because you can use the downtrend to pick up coins.

[ZionRTZ]

Maybe you know enough already but you are not applying what you know properly. It is one thing to read the strategies and another thing to actually use them.

[Munareal]

Do not invest more than you cannot afford to lose. If you fail re-strategize, be focus, read a lot, have a passion for it and you will pick up. It is not easy but with determination, you can make it too.

[Speaker]

I agree-trade is not a game. People who do not want to delve and develop-they have no place in trade.Those who want to get rich and quickly on the cryptocurrency-also should not trade.You must understand.

[pationex]

Before starting trading, people should be knowledgeable about what trading is. Many people who join because they want to get a profit. But when the market goes down quickly, they leave the room by selling coins they have.

[barrsa]

I think, to be successful in trading, you must be patient with market conditions and control your emotions, keep practicing because actually experience is the best teacher

[keyz]

The best way to minimize trading failures is to know how cryptocurrency works. You can take the opportunity when the downtrend is to buy, and hold it if the coin you have is down in value. If the market has gone up, you can sell your coins for profit.

[cryptoperry]

Trading is not as easy as it looks, you need to analyze more about the coin that you are following in order to make a good entry and exit. I also failed in trading and waiting for the coins to get back on their highest price.

[JSD10M]

There is something I don’t know? Please tell me more.

Actually, you do not need us to give you more advice. You already heard what you need to do (see below)

I have heard some experienced trader said that I should learn and read more before start, and also get some experience.

But your problem is this (see below)

I tried one but I falied.

So what do you need to do now?

I should learn and read more before start, and also get some experience.

[cacakuswaya1]

I think the risk we take when we expect greater profits, when we trade we have a lot of insight into coins and see the news that appears, whether it is good or not.

[Speaker]

I also lost my funds many times during trading.Sooner or later it happens to everyone-someone it happens more often at someone less often and it is at these moments that we test ourselves and learn our capabilities. A good trader is distinguished from a bad one only by experience.

[SastraID]

You are not the only person who failed in trading, need to remember failure is a delay of success so don't make one failure makes you give up if trading is indeed a world that you really like. Ask for advice from people who are experienced in trading, don't be afraid and ashamed to ask cause many of them are very friendly and ready to help and the most important is "don't invest more than you cannot afford to lose"

[pedangrusak]

trading requires skills and tries and keeps trying because even a professional trader has the probability of failing in trading because there is no way we will continue to profit and surely the loss will come even though only once