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Author Topic: Do professional traders lose money?  (Read 10551 times)

Offline Gladitorcomeback

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Re: Do professional traders lose money?
« Reply #240 on: April 26, 2024, 08:29:45 PM »
Before becoming professional traders, they were also amateur traders too. And in cryptocurrency trading, even if they are professional traders, they will definitely experience losing money here. 
Predicting coin prices is not easy, even if it is done by professional traders. 
it could be that they are more expert than us, but it is impossible for their predictions to always be correct.

That's right, just because someone is an expert in something doesn't mean they will always be right about everything related to that, so even if someone has a lot of expertise about the cryptocurrency market, their predictions wouldn't always be correct because the market is unpredictable, and many times, it moves in directions that weren't expected by anyone in the market.

The recent dip in Bitcoin's price is a big example of this. A lot of people got liquidated in the dip because they had longed Bitcoin and many other cryptocurrencies but it fell down and they all lost money, one trader even lost $1.1m during this.
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Re: Do professional traders lose money?
« Reply #240 on: April 26, 2024, 08:29:45 PM »

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Online armanda90

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Re: Do professional traders lose money?
« Reply #241 on: April 26, 2024, 10:40:47 PM »
That's right, just because someone is an expert in something doesn't mean they will always be right about everything related to that, so even if someone has a lot of expertise about the cryptocurrency market, their predictions wouldn't always be correct because the market is unpredictable, and many times, it moves in directions that weren't expected by anyone in the market.

The recent dip in Bitcoin's price is a big example of this. A lot of people got liquidated in the dip because they had longed Bitcoin and many other cryptocurrencies but it fell down and they all lost money, one trader even lost $1.1m during this.
Learned with how many expert in trading of cryptocurrency still selling premium signal group its mean most of them want to earn profit by sharing signal and not confidence with their self consistent earn profit with trading. I don't see any professional of expert in trading not loss yet their money, many unpredictable happening in cryptocurrency when whales make bad or good news suddenly easy for bitcoin raise up and down.
Market unpredictable and spot trading for professional trader get chance loss their money, but when reach an expert level in trading understand well how to minimalize with loss.

Offline BitMaxz

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Re: Do professional traders lose money?
« Reply #242 on: April 27, 2024, 12:14:01 AM »
That's right, just because someone is an expert in something doesn't mean they will always be right about everything related to that, so even if someone has a lot of expertise about the cryptocurrency market, their predictions wouldn't always be correct because the market is unpredictable, and many times, it moves in directions that weren't expected by anyone in the market.

The recent dip in Bitcoin's price is a big example of this. A lot of people got liquidated in the dip because they had longed Bitcoin and many other cryptocurrencies but it fell down and they all lost money, one trader even lost $1.1m during this.

Everything in crypto is unpredictable also most of the gurus out there are frauds they will teach you to trade but the fact is they don't have any proof of profitability even if you ask them for overall performance but they can't provide any. If you want to become a trader you need to be consistent and start learning by yourself the basic trading that you learn from research should be enough to start observing and trying yourself to trade you are the only one will discover what behind on the chart.
I learn something from gurus from youtube but all guides and trading strategies do not work in crypto market its too volatile but find the support and resistance work that's the only guide that works but the 1 to 3 percent rule in trading plus the wrong position will always hit by overextended spikes because crypto market is manipulated only for little spikes but if you are advance to think that there is someone who does hunting stop-loss be advance and put the position under over extended spike.

Its just only my experience but I still keep learning from my own gurus outside and on YouTube not all are working you need to backtest and test yourself if you can be profitable tradingview should be the best friend tool you can use with free papermoney that you can trade inside their tool.
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Online Rubel007

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Re: Do professional traders lose money?
« Reply #243 on: April 27, 2024, 05:46:22 PM »
Before becoming professional traders, they were also amateur traders too. And in cryptocurrency trading, even if they are professional traders, they will definitely experience losing money here. 
Predicting coin prices is not easy, even if it is done by professional traders. 
it could be that they are more expert than us, but it is impossible for their predictions to always be correct.

That's right, just because someone is an expert in something doesn't mean they will always be right about everything related to that, so even if someone has a lot of expertise about the cryptocurrency market, their predictions wouldn't always be correct because the market is unpredictable, and many times, it moves in directions that weren't expected by anyone in the market.

The recent dip in Bitcoin's price is a big example of this. A lot of people got liquidated in the dip because they had longed Bitcoin and many other cryptocurrencies but it fell down and they all lost money, one trader even lost $1.1m during this.
Trading platform is a speculative platform where everything is considered speculative. In the cryptocurrency space bitcoin is one of the currencies where one can buy or sell it only depending on assumption. But an experienced person's estimate and a novice's estimate will not be the same. Even if an experienced trader does not give assurance, he can certainly make reliable guesses in the light of his experience, which is difficult for new trader. But being an experienced trader does not mean that he will make certain profit from the trading platform. Many experienced traders also lose their assets.

Offline milewilda

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Re: Do professional traders lose money?
« Reply #244 on: April 27, 2024, 07:40:28 PM »
That's right, just because someone is an expert in something doesn't mean they will always be right about everything related to that, so even if someone has a lot of expertise about the cryptocurrency market, their predictions wouldn't always be correct because the market is unpredictable, and many times, it moves in directions that weren't expected by anyone in the market.

The recent dip in Bitcoin's price is a big example of this. A lot of people got liquidated in the dip because they had longed Bitcoin and many other cryptocurrencies but it fell down and they all lost money, one trader even lost $1.1m during this.
Learned with how many expert in trading of cryptocurrency still selling premium signal group its mean most of them want to earn profit by sharing signal and not confidence with their self consistent earn profit with trading. I don't see any professional of expert in trading not loss yet their money, many unpredictable happening in cryptocurrency when whales make bad or good news suddenly easy for bitcoin raise up and down.
Market unpredictable and spot trading for professional trader get chance loss their money, but when reach an expert level in trading understand well how to minimalize with loss.
To those people or traders who do really offer out that kind of premium signal and really that asking for some sub fees on which they arent that professionals at all.
If they were really that profitable then they wont really be making themselves that having kind of act since they could really be able to still make money on their own without
trying to handle up a community on which we know that it would really be having no sense i should say on having that kind of approach.  As a pro
then you could make easy money with trading but of course losing is something inevitable, the real deal on here is that you could really be able to make yourself that profitable in the end of the day.

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Re: Do professional traders lose money?
« Reply #245 on: Today at 02:18:56 PM »
That's right, just because someone is an expert in something doesn't mean they will always be right about everything related to that, so even if someone has a lot of expertise about the cryptocurrency market, their predictions wouldn't always be correct because the market is unpredictable, and many times, it moves in directions that weren't expected by anyone in the market.

The recent dip in Bitcoin's price is a big example of this. A lot of people got liquidated in the dip because they had longed Bitcoin and many other cryptocurrencies but it fell down and they all lost money, one trader even lost $1.1m during this.
Learned with how many expert in trading of cryptocurrency still selling premium signal group its mean most of them want to earn profit by sharing signal and not confidence with their self consistent earn profit with trading. I don't see any professional of expert in trading not loss yet their money, many unpredictable happening in cryptocurrency when whales make bad or good news suddenly easy for bitcoin raise up and down.
Market unpredictable and spot trading for professional trader get chance loss their money, but when reach an expert level in trading understand well how to minimalize with loss.
I agree, they are professional and have a lot of experience, but that doesn't mean they will avoid losing money. No matter how great they are, I think they still experience unexpected things, considering that the market is very difficult to predict.

They can only minimize risks, not completely avoid risks. and when they experience something undesirable, they will recover more quickly because their mentality is already well formed.

 

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