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Local => Nigerian Languages => Topic started by: Thyplaymaker on December 16, 2023, 07:51:11 PM

Title: Online trading dey cause mental issues!
Post by: Thyplaymaker 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.
Title: Re: Online trading dey cause mental issues!
Post by: Coinmama7824 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.
Title: Re: Online trading dey cause mental issues!
Post by: Igebotz 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.
Title: Re: Online trading dey cause mental issues!
Post by: SmartGold01 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.
Title: Re: Online trading dey cause mental issues!
Post by: Thyplaymaker 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.
Title: Re: Online trading dey cause mental issues!
Post by: Dr.Bitcoin_Strange 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.
Title: Re: Online trading dey cause mental issues!
Post by: Hatchy 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.
Title: Re: Online trading dey cause mental issues!
Post by: Igebotz 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.
Title: Re: Online trading dey cause mental issues!
Post by: OWAS 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
Title: Re: Online trading dey cause mental issues!
Post by: Gormicsta 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.
Title: Re: Online trading dey cause mental issues!
Post by: EluguHcman 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.
Title: Re: Online trading dey cause mental issues!
Post by: Evgenklm 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.
Title: Re: Online trading dey cause mental issues!
Post by: Tribalchief 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.
Title: Re: Online trading dey cause mental issues!
Post by: CryptoLaila 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
Title: Re: Online trading dey cause mental issues!
Post by: Agbe 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.
Title: Re: Online trading dey cause mental issues!
Post by: Asiska02 on January 09, 2024, 02:52:56 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.

Anything wey go make you rich and na legit money go enter your hand e dey always come not easy. You gats put your mind, effort and hardwork into am before you go for achieve something from am. I no too dey do trading but the ones wey I don do before, I know how e take be to trade and how the thing go dey play with your emotions. If you go fit handle you emotions while trading, you don go one step of becoming a professional trader. Nothing comes easy for dis life, but if it’s worth it then you gatz just sacrifice to achieve the thing for yourself.
Title: Re: Online trading dey cause mental issues!
Post by: Salahmu on January 12, 2024, 10:26:20 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.
Of course trading is very difficult because it entails a lot of calculations and understanding the fundamental analysis of the market because those are the factors that would make you to understand the market trend, perhaps that's why is never advisable for a beginner to rush into trading without being knowledgeable enough because it could result to lost of money.

For those who understand the market structure, trading doesn't affect them too much mentally because they no what they are doing and the possible risk involved, so they never get emotional seeing there trading going against them because they are confident that with time the market will come around.
Title: Re: Online trading dey cause mental issues!
Post by: CryptoLaila on January 13, 2024, 11:35:11 AM

Anything wey go make you rich and na legit money go enter your hand e dey always come not easy. You gats put your mind, effort and hardwork into am before you go for achieve something from am.
Just note this Anything  that's real and legit won't  come free it will require you sweating to get it because out of you learning you give them better way to strategies and you increase your knowledge on attaining it. Trading requires a lot of sweat and learning  bur with these remember  the whales can still manipulate  the market that's  y you don't  assure your self  100% while trading
Title: Re: Online trading dey cause mental issues!
Post by: SmartGold01 on January 14, 2024, 03:03:54 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.

Anything wey go make you rich and na legit money go enter your hand e dey always come not easy. You gats put your mind, effort and hardwork into am before you go for achieve something from am. I no too dey do trading but the ones wey I don do before, I know how e take be to trade and how the thing go dey play with your emotions. If you go fit handle you emotions while trading, you don go one step of becoming a professional trader. Nothing comes easy for dis life, but if it’s worth it then you gatz just sacrifice to achieve the thing for yourself.

Sometimes we dey make things look so difficult for us onto say we wan just rush make we start to gain profit without knowing say before you reap you must sow there first meaning you have to learn things and advance your self with useful information otherwise no way, success can't be achieved a day but rather it takes gradual process to succeed but in long and short terms of our trading exercise.
Title: Re: Online trading dey cause mental issues!
Post by: Gormicsta on January 14, 2024, 04:59:39 PM
Na true talk you talk so,  Online trading dey really dey cause mental issues especially if you come put  your last money with the hope say u go make gain, na there you go know say anything online trading or business no be anybody mate.
Although e dey get at times wey e go show you love but we human being dey always dey greed,na e mk at times e dey be like say e dey affect us for brain negatively because we go cash out big or we won become millionaire overnight forgetting say anything good no dey just come out easily. So for me I believe say online trading dey cause mental issues both positively and negatively depending on how u dey take pursuit to take money or to dey rich.
Title: Re: Online trading dey cause mental issues!
Post by: Thyplaymaker on January 14, 2024, 08:21:25 PM
Na true talk you talk so,  Online trading dey really dey cause mental issues especially if you come put  your last money with the hope say u go make gain, na there you go know say anything online trading or business no be anybody mate.
Although e dey get at times wey e go show you love but we human being dey always dey greed,na e mk at times e dey be like say e dey affect us for brain negatively because we go cash out big or we won become millionaire overnight forgetting say anything good no dey just come out easily. So for me I believe say online trading dey cause mental issues both positively and negatively depending on how u dey take pursuit to take money or to dey rich.
I like ennn nah that greed be the issue Omo nor easy to handle those emotions trading they initiate ooh e go take time before you go fit they fight the urge. The other day I dey in better profit I can say make I round the number of my profit with one last trade before I call it a day Omo nah So I go tey enter the wrong market the day dey approved ETF I go short one coin like that  for top gainers (binance) omo the coin rise because of ETF and I almost got liquidated. If you fit work on those emotions Omo you duh near professional traders be that.
Title: Re: Online trading dey cause mental issues!
Post by: DaNNy001 on January 15, 2024, 02:52:35 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.

Anything wey go make you rich and na legit money go enter your hand e dey always come not easy. You gats put your mind, effort and hardwork into am before you go for achieve something from am. I no too dey do trading but the ones wey I don do before, I know how e take be to trade and how the thing go dey play with your emotions. If you go fit handle you emotions while trading, you don go one step of becoming a professional trader. Nothing comes easy for dis life, but if it’s worth it then you gatz just sacrifice to achieve the thing for yourself.

Sometimes we dey make things look so difficult for us onto say we wan just rush make we start to gain profit without knowing say before you reap you must sow there first meaning you have to learn things and advance your self with useful information otherwise no way, success can't be achieved a day but rather it takes gradual process to succeed but in long and short terms of our trading exercise.
My brother no be small, people are just eager to make money without fully understanding that you can't be faster than your shadow as you will have to work hard and learn about what you want to do before being successful at it . I have a friend who constantly think trading is easy because of the way most influencers and social media personality are making to be especially with the case of octaFX trading app that's almost everywhere because of the way there are advertising.
Title: Re: Online trading dey cause mental issues!
Post by: Agbe on January 16, 2024, 08:56:45 PM
My brother no be small, people are just eager to make money without fully understanding that you can't be faster than your shadow as you will have to work hard and learn about what you want to do before being successful at it . I have a friend who constantly think trading is easy because of the way most influencers and social media personality are making to be especially with the case of octaFX trading app that's almost everywhere because of the way there are advertising.
hmm the eagerness in some cases motivate them to work hard but they have to understand the pros and cons of trading before coming into it if not they would just dash their money to the trading platform or company. And I know say those wey don enter before e no go do that kind mistake again. And di funnest part be say most of those traders dey come because dem see some fake bloggers advertising their fake income to scam people. If anyone wants to trade make him do some research on the app or site before entering the market if not oyo will be the person name.
Title: Re: Online trading dey cause mental issues!
Post by: Sim_card on January 17, 2024, 04:21:19 PM
When it comes to trading, the theorical aspect is different from the practical when you are trading because wetin you expect fit no turn out to be so a d this na why many traders dey run at loss. Trading dey complex and he need time for you to learn and know your own strategy wey go work for you for the market. So many people enter the crypto world because of trading, as them think say sharp sharp them go cash out and make cool cash, unknown to them say na gamble them dey gamble with their money since them no get any experience for trading. This don make so many traders wise up, come switch to investing than trading because easy to invest and hodli, as this one no need any special skills. Anybody wey say trading easy, when he run at big loss, nobody go tell am. Instead na him go start to advise people not to trade. If you must trade, learn and have the experience through practicing by using only the amount that you can afford to lose, to trade.
Title: Re: Online trading dey cause mental issues!
Post by: Yamzakid on January 17, 2024, 07:57:10 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 swear trading dey difficult no be small, na why person have to learn and understand em market strategy. The risk choke for trading but the only way you fit reduce the risk na by using the amount you fit afford to lose, so dat anytime you lose no you go too feel am.

The time wey I never know anything about trading my guy dey always post for em whatsapp status sey money dey for trading, and e go dey oppress us with fine fine tins for em status sey em get the money from trading, but e never for once tell us sey d gain and the lose of it na 50/50 chance. Sha I no fall victim because I like doing my research before I do anything.

Person wey be expert for trading fit advise you make you still lose everything, because assurance no dey sey because em be expert make e no lose, na why you need to learn and understand your own strategy wey go favour you for the market.
Title: Re: Online trading dey cause mental issues!
Post by: EluguHcman on January 29, 2024, 05:07:17 AM
Not really as thought although, trading usually comes with little incomes because if you strives on making huge incomes it could either take you a long way or causes you lost damages such as expirations of goods because your offers are unaffordable to who are interested but of the little incomes, there are possibilities for order, resells and restocks due to the fact that higher rates in demands purchase.

Economical and financial management is most important on this fact and then, marketing skills also considered necessity to make incomes while it is gradually accumulated.
Title: Re: Online trading dey cause mental issues!
Post by: Odohu on January 29, 2024, 11:23:05 AM
I have not seen one instance of mental issues caused by trading, unless you point me to an article or a source that confirms that this claim is actually correct. Anyone venturing into trading should already know it is a risky business and should be ready for the risk. Traders are even the hardest people I've seen because losing money is already part of their daily activities.
Title: Re: Online trading dey cause mental issues!
Post by: CryptoLaila on January 29, 2024, 11:27:14 AM
Not really as thought although, trading usually comes with little incomes because if you strives on making huge incomes it could either take you a long way or causes you lost damages such as expirations of goods because your offers are unaffordable to who are interested but of the little incomes, there are possibilities for order, resells and restocks due to the fact that higher rates in demands purchase.


well, i don't know how i will place this but you shouldn't limit your self or have the orientation of :

 "trading usually comes with little incomes"
but this dosen't mean that you have  to chase huge profits , No but you can train your self to earning huge profit.
however, the word "Huge" comes with different pperspective itdepends on how you view it
Title: Re: Online trading dey cause mental issues!
Post by: Thyplaymaker on January 30, 2024, 01:57:46 AM
Not really as thought although, trading usually comes with little incomes because if you strives on making huge incomes it could either take you a long way or causes you lost damages such as expirations of goods because your offers are unaffordable to who are interested but of the little incomes, there are possibilities for order, resells and restocks due to the fact that higher rates in demands purchase.


well, i don't know how i will place this but you shouldn't limit your self or have the orientation of :

 "trading usually comes with little incomes"
but this dosen't mean that you have  to chase huge profits , No but you can train your self to earning huge profit.
however, the word "Huge" comes with different pperspective itdepends on how you view it
  don't forget the larger the profit the bigger the risk attached to it. So if yah thinking of hitting it big in trading ones you should also prepare for the risk. Trading is something you need to use gradual process on and trading is not a get rich quick scheme if any newbie have that mindset it might endup going the other way. Making trading a get broke quick scheme.🥲
That you have to take it step by step anything you learn about trading always put it in action and always ready for any thing. Because trading is either you profit or you loss that just all there's no short cut to it.
Title: Re: Online trading dey cause mental issues!
Post by: Charles-Tim on January 30, 2024, 09:30:36 AM
"trading usually comes with little incomes"
but this dosen't mean that you have  to chase huge profits , No but you can train your self to earning huge profit.
however, the word "Huge" comes with different pperspective itdepends on how you view it
According to online articles about readers that are making money and those that are losing, 80 to 90% or more of the traders are losing while less than 10 to 20% are gaining.

If anyone is trading, he should know that trading may not favour him. What makes some people not rich today is because they did not hold their coins but instead prefer to trade and continue losing.

Be it trading comes with little or huge profit or loss, trading should be done with little amount of money that you can lose and not think about and not affecting you financially.
Title: Re: Online trading dey cause mental issues!
Post by: Asiska02 on January 30, 2024, 05:11:38 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.

Na emotions dey come in so as you dey trade and na normal for every human being to experience am as dem dey trade. People wey don already overcome am don already work on am for long before them fit dey trade now without emotions. Your mental health will come to play when you continue to dey lose and your emotions go dey make you feel am badly, you will definitely feel retard and will cause issues to your mental health. Before trading, know say no be get rich quick scheme, you go need work on your emotions, you go need dey open to learn new things, and make you no dey greedy when you don dey gather profit through am.
Title: Re: Online trading dey cause mental issues!
Post by: Thyplaymaker on January 30, 2024, 06:45:55 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.

Na emotions dey come in so as you dey trade and na normal for every human being to experience am as dem dey trade. People wey don already overcome am don already work on am for long before them fit dey trade now without emotions. Your mental health will come to play when you continue to dey lose and your emotions go dey make you feel am badly, you will definitely feel retard and will cause issues to your mental health. Before trading, know say no be get rich quick scheme, you go need work on your emotions, you go need dey open to learn new things, and make you no dey greedy when you don dey gather profit through am.
that's the thing emotions in trading is not something you can just learn how to overcome over night is something that takes time, effort and discipline. Like due to the facts that I've made alot of losses due to emotional overwhelming. I duh decide countless times say I nor go let am get the best of me again but no matter what e go still find way come either by greed or fear but mostly by greed. After I duh make profit wey go make me dey well for me to rest and call am a day no oh!!!! I still insist to continue so that make I round up with better percentage and digit, eventually I endup losing it all sh*t was pretty annoying I had to close all market that leaving looking so frustrated asf. That most time I dey advice say before you jump into any market always make sure your emotions are checked.

Quote
According to online articles about readers that are making money and those that are losing, 80 to 90% or more of the traders are losing while less than 10 to 20% are gaining.

If anyone is trading, he should know that trading may not favour him. What makes some people not rich today is because they did not hold their coins but instead prefer to trade and continue losing.

Be it trading comes with little or huge profit or loss, trading should be done with little amount of money that you can lose and not think about and not affecting you financially.

thank you that why they keep saying trading is not fir everyone l, because you are seeing some people surcasing their wins onlines true different social media on how they made More than $1k over night with the use of certain leverages. Many people have waste The potential of their funds by wasting them I'm trading than to just buy and hodl and see their portfolio increasing even though. Sometimes market would experience a certain dip as long you holding a good coin it would surely bounce back like mad beating the previous price mostly this period that we are about to experience another grt bull market  ;D


Trading ain't actually bad though but if you see it ain't working for you. Give it a bring and try holding and when doing so you keep on learning some ways to improve on your trading skills without risky any of your hard earns funds.
Title: Re: Online trading dey cause mental issues!
Post by: CryptoLaila on January 31, 2024, 09:01:36 AM
Quote


Be it trading comes with little or huge profit or loss, trading should be done with little amount of money that you can lose and not think about and not affecting you financially.
More of a slogan "trade what you can afford to lose".
As I've  said there is a lot  attached to the word "huge" , it depends on how we look at it . Huge profit could come from low capital from trading and that isn't limited to investment only  but most time its good to invest larger percentage and trade a lower percentage
Title: Re: Online trading dey cause mental issues!
Post by: Thyplaymaker on January 31, 2024, 09:50:40 AM
Quote


Be it trading comes with little or huge profit or loss, trading should be done with little amount of money that you can lose and not think about and not affecting you financially.
More of a slogan "trade what you can afford to lose".
As I've  said there is a lot  attached to the word "huge" , it depends on how we look at it . Huge profit could come from low capital from trading and that isn't limited to investment only  but most time its good to invest larger percentage and trade a lower percentage
Yeah investing larger percentage would ensure good profit expecially wen it's come to investing in BTC. And trade the remaining spare percent. Most keep telling their self to always trade what they could afford to lose but a lot of them still fall as victim of trading cash they can't risk and endup losing them. and lateron endup with regretting trade don't just need skills alone also need good principles and how you manage those emotions.
Title: Re: Online trading dey cause mental issues!
Post by: Gormicsta on February 15, 2024, 05:54:40 AM
No be small thing o, online trading really dey cause mental health o, if you come be person wey dey always get high BP, na to just die one hand, even if you no get, e go make you get. Online trading just good if you get self control and self discipline or patience, if you be person wey dey always rush things wey no dey calm down,e no work o.
Title: Re: Online trading dey cause mental issues!
Post by: DannyD234 on February 18, 2024, 09:24:46 PM
Omo e get one time wey I wan try learn online trading because the online trading just dey trend dat time. During the period of learning I just dey see the amount of money wey I go need take use as capital (money I no get ), the risk involved, the amount of information wey I go learn and all the candle stick information guy I just comot hand. Trading is not for the weak
Title: Re: Online trading dey cause mental issues!
Post by: goaldot on February 18, 2024, 10:13:31 PM
No be small thing. I no dey trade but I dey follow person wey dey trade. Sometimes, en go make some money. As you guys dey talk principle, en dey follow am well well. But sometimes, en dey loose sha. I think say  trade na loose and gain. No be win win game.
Title: Re: Online trading dey cause mental issues!
Post by: Gideon99 on March 03, 2024, 12:53:05 AM
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.
One of the things you should know before trading, there are risk involved in it, not and easy process before cash out and you must be always careful in any of your daily trading because loss must occur that just it.
Title: Re: Online trading dey cause mental issues!
Post by: FOKA33 on March 03, 2024, 01:29:26 AM
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.

Omo trading no easy o, my mentor always dey say make I dey overcome fear and anxiety before, during and after placing a trade, Omo where I wan start from I go just dey analyse and place trade Omo e no easy but I believe it's a matter of time and patience,
Note to newbie it's not a get rich quick scheme, try dey chop b4 getting into it, it's only for the rich,no be beans and moi moi/okpa.
Title: Re: Online trading dey cause mental issues!
Post by: Gideon99 on March 03, 2024, 01:26:26 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 swear no be lie you talk oo this online trading no easy oo  if you no fit bear risk no enter, na heart break you go just get,  better advise for you  no use money when you borrow go start trading o. You go just run mad at once this trading of a thing get positive and negative side so if you never understand things well no just rush deposit your money, because you see others dey trade.
Title: Re: Online trading dey cause mental issues!
Post by: SmartGold01 on March 03, 2024, 09:47:37 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.

Anything wey go make you rich and na legit money go enter your hand e dey always come not easy. You gats put your mind, effort and hardwork into am before you go for achieve something from am. I no too dey do trading but the ones wey I don do before, I know how e take be to trade and how the thing go dey play with your emotions. If you go fit handle you emotions while trading, you don go one step of becoming a professional trader. Nothing comes easy for dis life, but if it’s worth it then you gatz just sacrifice to achieve the thing for yourself.

Sometimes we dey make things look so difficult for us onto say we wan just rush make we start to gain profit without knowing say before you reap you must sow there first meaning you have to learn things and advance your self with useful information otherwise no way, success can't be achieved a day but rather it takes gradual process to succeed but in long and short terms of our trading exercise.
My brother no be small, people are just eager to make money without fully understanding that you can't be faster than your shadow as you will have to work hard and learn about what you want to do before being successful at it . I have a friend who constantly think trading is easy because of the way most influencers and social media personality are making to be especially with the case of octaFX trading app that's almost everywhere because of the way there are advertising.

The worst I don't even look at them to get distracted initially me also think to join one of the trade app but as i reason am, I know say to lose money go hard me and me no like were wey i go join to lose money. That is to say if i see where to put money and i noticed say e go dey me hard to win there e go better say me no join there for any reason because if the money lost at long the line e go pepper me badly, these things make me if any site dey advertised any about trading me no put eyes again oo because i no suffer go make money finished con go waste am for any site wey be say i know me no fit gain back the profits as quickly as possible.