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Author Topic: Do you feel like you're getting it all wrong?  (Read 1313 times)

Offline Best

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Do you feel like you're getting it all wrong?
« on: April 04, 2024, 10:39:22 AM »
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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Do you feel like you're getting it all wrong?
« on: April 04, 2024, 10:39:22 AM »

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Re: Do you feel like you're getting it all wrong?
« Reply #1 on: April 04, 2024, 11:12:30 AM »
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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Offline Best

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Re: Do you feel like you're getting it all wrong?
« Reply #2 on: April 04, 2024, 11:46:24 AM »
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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Re: Do you feel like you're getting it all wrong?
« Reply #3 on: April 04, 2024, 03:07:53 PM »
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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Re: Do you feel like you're getting it all wrong?
« Reply #4 on: April 04, 2024, 04:25:36 PM »
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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Re: Do you feel like you're getting it all wrong?
« Reply #5 on: April 04, 2024, 05:16:03 PM »
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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Re: Do you feel like you're getting it all wrong?
« Reply #6 on: April 04, 2024, 08:49:22 PM »
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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Re: Do you feel like you're getting it all wrong?
« Reply #6 on: April 04, 2024, 08:49:22 PM »


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Re: Do you feel like you're getting it all wrong?
« Reply #7 on: April 04, 2024, 09:19:00 PM »
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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Re: Do you feel like you're getting it all wrong?
« Reply #8 on: April 04, 2024, 09:27:40 PM »
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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Re: Do you feel like you're getting it all wrong?
« Reply #9 on: April 04, 2024, 10:49:50 PM »
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..
« Last Edit: April 04, 2024, 10:53:05 PM by Best »

Offline Best

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Re: Do you feel like you're getting it all wrong?
« Reply #10 on: April 04, 2024, 10:52:00 PM »
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

Offline R100K-Martin-Lunger

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Re: Do you feel like you're getting it all wrong?
« Reply #11 on: April 04, 2024, 11:01:07 PM »
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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Re: Do you feel like you're getting it all wrong?
« Reply #12 on: April 04, 2024, 11:23:28 PM »
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.

Offline Faisal2202

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Re: Do you feel like you're getting it all wrong?
« Reply #13 on: April 05, 2024, 02:03:20 AM »
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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Offline bayu7adi

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Re: Do you feel like you're getting it all wrong?
« Reply #14 on: April 05, 2024, 08:23:56 PM »
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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