Altcoins Talks - Cryptocurrency Forum
Local => Nigerian Languages => Topic started by: Thyplaymaker on December 16, 2023, 07:51:11 PM
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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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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.
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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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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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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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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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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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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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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
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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.
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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.
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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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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.
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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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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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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.
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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.
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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
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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
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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.
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"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.
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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.
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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.
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.
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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
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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.
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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.
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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
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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.
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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.
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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.
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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.
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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.
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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.
Trading requires a lot of mental discipline that's why expert traders always say that if you can't handle the psychological distress that comes with trading there's no need to go into it. The financial market is filled with a lot of ups and downs and sometimes you can lose a lot of money but you must learn how to stabilise your emotions when this happens. A lot of traders try to do revenge trading after losing and they end up losing more because they can't keep their emotions under control. Just like you said trading requires time and patience, you can't just figure out everything within a short period of time, to become a profitable trader it's going to take some time
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Guyyyy this is so true
Omo I nor go lie when I started and I heard from my friends how they have lost some amount of money I go dey say Godforbid my case will be different but omo na lie ooo I still lost money
Omo when I los all my money the first 3 times I nearly stop trading
I come take long break first mood swing and depression wan kill me after some time I sha came back
I can't say I'm a successful trader now but I have gotten better at it
Sha trading is not for the weak if you nor get mind nor enter oo
You fit run mad 😆
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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.
Trading takes months to attain an adequate mastery of the dynamics involved, just like you said it's not really easy to become a trader, it takes a lot of mental discipline to actually stay focused on trading because losing money might get you distracted at first. From what you said you said you were a trader but you stopped trading due to other things taking up your time, my question is, can trading be done while having other jobs? Is it possible to be a trader and be able to focus on your profession. Due to the fact that trading takes up a lot of time I don't think it would be easy to Balance both sides. But if you are a swing trader there's a possibility that it might actually work because you don't have to always check the charts Like a day trader
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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 think where people get it wrong is when they think trading is only about economic understanding and analysis. However there are alot of added qualities that have to be satisfied before you can actually call yourself a nice trader without being wrong. The normal human nature has a negative emotional effect towards losing and it can be more intense in the case of financial losses. So as a trader you have to always accept the fact that there is the slightest chance of you losing.
Every trader who will actually be profitable has to be immune to the emotional stress of losing money unlike how a regular person would feel or rather behave if they should lose same amount of money. In as much as you practice technical analysis as a trader, emotional control also has to be covered.
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Omo this trading of a thing is not for everyone some people can’t go through the stress, trauma and anxiety. Trading really hurts some people it not really an easy task to do many people taught trading is just buying and selling it determines a lot of experience and skill, determination and many more .
To be more into trading and find it more rewarding and fulfilling, you have to seek knowledge from people and do more researches , trading is not just one to two days understanding it deserves a lot of time and attention.
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Omo this trading of a thing is not for everyone some people can’t go through the stress, trauma and anxiety. Trading really hurts some people it not really an easy task to do many people taught trading is just buying and selling it determines a lot of experience and skill, determination and many more .
To be more into trading and find it more rewarding and fulfilling, you have to seek knowledge from people and do more researches , trading is not just one to two days understanding it deserves a lot of time and attention.
Apart from the fact that trading no be for everybody, many people still they do am to earn living for this coin because we all know as e take they say work no they for this country and with way inflation is affecting everything due to how useless our currency de, any physical business now go make you they look like bad person for people eye because them go they think say na u they add money for goods.
You need to be mentally prepared if you wan start crypto trading because of the risk wey they involve, na why we talk say e no they for anybody, na for only people wey don prepare to learn and take the risk.
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Omo this trading of a thing is not for everyone some people can’t go through the stress, trauma and anxiety. Trading really hurts some people it not really an easy task to do many people taught trading is just buying and selling it determines a lot of experience and skill, determination and many more .
To be more into trading and find it more rewarding and fulfilling, you have to seek knowledge from people and do more researches , trading is not just one to two days understanding it deserves a lot of time and attention.
Yeah many taught that crypto trading is all about buying when the price low and selling when the price high . That's right but not easy as it may sound , trading requires alot of technical skills inorder to handle themselves in the field. And before going in trading one have to take his time to learn much about it before going into it so that he or she won't endup learning the hard way .
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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.
When a newbie trader gets into the market without taking time to learn can be very disastrous, some of these newbies don't even think learning is necessary, they think can just take trading signals from experts and invest. Even if there's a possibility of making profit from trading signals the risks are quite high because that's almost the same thing as gambling, you don't really know if it's a well analyzed trade or not and you are putting your money in it, these are things that can lead to psychological breakdown. Take your time to study the Market because it's not possible to get rich with it overnight.
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When a newbie trader gets into the market without taking time to learn can be very disastrous, some of these newbies don't even think learning is necessary, they think can just take trading signals from experts and invest. Even if there's a possibility of making profit from trading signals the risks are quite high because that's almost the same thing as gambling, you don't really know if it's a well analyzed trade or not and you are putting your money in it, these are things that can lead to psychological breakdown. Take your time to study the Market because it's not possible to get rich with it overnight.
Well Op's choice of words are a little misleading. Trading isn't a cause of mental issues. However trading can have drastic psychological effects on people. Like I always say, one of the biggest things that separates a newbie trader from an expert winning trader is psychology. Many newbies think that once you are able to get a hang of technical analysis you are good to go however it really doesn't work that way.
Technical analysis is just a part of trading that allows you to be able to study the market dynamics and properly analyse the behaviour of the market using different strategies. However it's psychology that helps you manage a trade. You can end up losing a trade even with proper analysis and you end up losing the trade simply because you were too scared and exited the market.
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Wetin u talk na true e get some kind lose for online trading wey u go get like this ehh na simple madness go dey worry the person at that time so many thinkings wey man go dey think no be small. But for every online trading, person must access the risk but when u come see say the risk and the losses don pass the profit na their u go take remove body. And this online trading no need make person carry grievous mind dey run am cause u no go dey concentrated na so u go dey make loss. So if u Dom witness loss too much and u dey para the best option na to comot first find food chop make ur mind relax come back later come check the area where u make mistake then u fit know how to set ur next strategy that one na anoda secret for online trading.
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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.
Trading was never easy.. forget about the part where you have to learn how to ride the market, you also need to learn what they call psychology. Psychology helps you grow your mentality as the market is more like a force that wants to lure you into rushing and get stopped out. Sometimes you see your entry and might want to rush into the market without confirmation, unfortunately you get stoped. There are a lot of things you need to learn as a trader as it's not easy and carries a lot of risk.
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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.
Trading was never easy.. forget about the part where you have to learn how to ride the market, you also need to learn what they call psychology. Psychology helps you grow your mentality as the market is more like a force that wants to lure you into rushing and get stopped out. Sometimes you see your entry and might want to rush into the market without confirmation, unfortunately you get stoped. There are a lot of things you need to learn as a trader as it's not easy and carries a lot of risk.
Base on some trading experience have gotten sofar, once you have good self-control you have already given yourself a stepping stone to success in it .
And trading requires reflexes and patient, most folks lack those stuff, most newbies usually want to make it big once in trading, within a short period of time. Which might be possible but crazy at same time because such mentality may lead to some bad outcomes in trading.
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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.
Trading was never easy.. forget about the part where you have to learn how to ride the market, you also need to learn what they call psychology. Psychology helps you grow your mentality as the market is more like a force that wants to lure you into rushing and get stopped out. Sometimes you see your entry and might want to rush into the market without confirmation, unfortunately you get stoped. There are a lot of things you need to learn as a trader as it's not easy and carries a lot of risk.
Base on some trading experience have gotten sofar, once you have good self-control you have already given yourself a stepping stone to success in it .
And trading requires reflexes and patient, most folks lack those stuff, most newbies usually want to make it big once in trading, within a short period of time. Which might be possible but crazy at same time because such mentality may lead to some bad outcomes in trading.
It is very correct to say that having good self-control is one fundamental requirement to engage in trading because when the market is volatile it becomes hard to control the emotions’ state. Originality also comes into play because trading is both fast and slow, and people always want to get quick and huge profits. This may be so, but we must be wise so that we don’t get overpowered by our desire for the aims that may in fact lead to loses. In the event that one decides to sit back and comprehend the directions of the market coupled with having ample time to deliberate prior to the implementation of strategies, as a consequence is likely to give more intense outcomes.
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Base on some trading experience have gotten sofar, once you have good self-control you have already given yourself a stepping stone to success in it .
And trading requires reflexes and patient, most folks lack those stuff, most newbies usually want to make it big once in trading, within a short period of time. Which might be possible but crazy at same time because such mentality may lead to some bad outcomes in trading.
Being profitable in trading is something that takes time. You need to accumulate your profits little by little. New traders don't get it at all. First thing is that trading requires capital and this capital can be made from trading wisely. Avoid over risking. Don't trade more than you can afford to risk. Some traders put too much risk in their trade thinking that they can make a big profit from the market or that the market will come back to their entry and get them into profit.
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Base on some trading experience have gotten sofar, once you have good self-control you have already given yourself a stepping stone to success in it .
And trading requires reflexes and patient, most folks lack those stuff, most newbies usually want to make it big once in trading, within a short period of time. Which might be possible but crazy at same time because such mentality may lead to some bad outcomes in trading.
Being profitable in trading is something that takes time. You need to accumulate your profits little by little. New traders don't get it at all. First thing is that trading requires capital and this capital can be made from trading wisely. Avoid over risking. Don't trade more than you can afford to risk. Some traders put too much risk in their trade thinking that they can make a big profit from the market or that the market will come back to their entry and get them into profit.
One thing I also notice as a trader one should always research thoroughly about any coin they are planning trade . That's how i fall as a victim of buying a coin that was being delisted by binance which literally made the coin to dip massively, and I endup with losses .
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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.
Trading is not a Ponzi scheme where you put money and expect to get double profit without any effort from your on end it's beyond that as successful traders have passed through different stages of training and put in hard work which has been consistent over the years. For anyone to engage in trading in this crypto space then that person should first of all get himself prepared mentally as many who has gone into crypto trading has experience loses due to the fact that they where not equipped enough for the business of trading
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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.
Trading is not a Ponzi scheme where you put money and expect to get double profit without any effort from your on end it's beyond that as successful traders have passed through different stages of training and put in hard work which has been consistent over the years. For anyone to engage in trading in this crypto space then that person should first of all get himself prepared mentally as many who has gone into crypto trading has experience loses due to the fact that they where not equipped enough for the business of trading
In my opinion, Trading does not involve earning cash within the shortest time possible and with no working hard, but it involves a lot of everything. Some of us find ourselves hoping and dreaming big but do not realize that it comes with huge effort.
It would be unreasonable to disregard the psychological factor; if, of course, we are serious in our manipulation of cryptocurrencies. Many people invest here without adequate information and all they are left with is loses. Sophistication of the risks and problems inherent in trading actually serves to prevent people from developing unrealistic expectations of making fast profits and helps to develop an objective attitude.
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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.
Trading is not a Ponzi scheme where you put money and expect to get double profit without any effort from your on end it's beyond that as successful traders have passed through different stages of training and put in hard work which has been consistent over the years. For anyone to engage in trading in this crypto space then that person should first of all get himself prepared mentally as many who has gone into crypto trading has experience loses due to the fact that they where not equipped enough for the business of trading
In my opinion, Trading does not involve earning cash within the shortest time possible and with no working hard, but it involves a lot of everything. Some of us find ourselves hoping and dreaming big but do not realize that it comes with huge effort.
It would be unreasonable to disregard the psychological factor; if, of course, we are serious in our manipulation of cryptocurrencies. Many people invest here without adequate information and all they are left with is loses. Sophistication of the risks and problems inherent in trading actually serves to prevent people from developing unrealistic expectations of making fast profits and helps to develop an objective attitude.
Well, There is more to trading than as a get rich quick scheme, it is a highly specialized undertaking that requires constant input and knowledge of the dangers involved in the process. If we start investing in the market without early research and systematic thinking, the outcome can hardly be meet. If we understand what it takes to be a trader, avoiding setting our expectations too high, we will have the factor needed to make it in trading despite the many changes in the market.
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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.
Trading is not a Ponzi scheme where you put money and expect to get double profit without any effort from your on end it's beyond that as successful traders have passed through different stages of training and put in hard work which has been consistent over the years. For anyone to engage in trading in this crypto space then that person should first of all get himself prepared mentally as many who has gone into crypto trading has experience loses due to the fact that they where not equipped enough for the business of trading
In my opinion, Trading does not involve earning cash within the shortest time possible and with no working hard, but it involves a lot of everything. Some of us find ourselves hoping and dreaming big but do not realize that it comes with huge effort.
It would be unreasonable to disregard the psychological factor; if, of course, we are serious in our manipulation of cryptocurrencies. Many people invest here without adequate information and all they are left with is loses. Sophistication of the risks and problems inherent in trading actually serves to prevent people from developing unrealistic expectations of making fast profits and helps to develop an objective attitude.
Well, There is more to trading than as a get rich quick scheme, it is a highly specialized undertaking that requires constant input and knowledge of the dangers involved in the process. If we start investing in the market without early research and systematic thinking, the outcome can hardly be meet. If we understand what it takes to be a trader, avoiding setting our expectations too high, we will have the factor needed to make it in trading despite the many changes in the market.
Trading needs certain expertise, accuracy and decision making on daily basis. Of course, the chances of success will be significantly higher when we plan to enter the market after carrying out a proper research and analysis and with opening of eyes, the market will continue to evolve. As such risk is identified to be more of a psychological vice if properly understood we would be better placed to tackle it even better turn the trading process into a more structured and directed one.
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Base on some trading experience have gotten sofar, once you have good self-control you have already given yourself a stepping stone to success in it ..
Acquiring self-control is not a final process, after you’ve acquired self-control, it requires that discipline to maintain it, because you could really easily forget the importance of why you need to control yourself when you’re faced with some kind of tempting trading choices, and opportunities. Because trading cryptocurrency is possible everyday, it is easy for someone to become easily stressed if you trade everyday. If you trade crypto, try not to trade everyday to try maintain your mental health.
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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 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.
Well nothing for this life dey easy like wise trading ,to be successful in crypto trading one needs learn so many things in regards to trading in other to be successful morespecially timing the market to know when u go buy or to sell ,risk is involve in trading so ones need high risk tolerance and is always adviceable not to trade with the amount wey u no fit afford to loose.why people dey see trading as get rich quick scheme is becomes most of de trade dey look for quick money from trading ,them go invest for crypto before you know them don go trade and dey will be expecting to make big profit from it. so me i go advise all investor not to quick rush to sell or trade there crypto, because dey will make more profit from long term investment compare to short term.
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Actually trading Is not a joke, it's difficult, challenging and risky, that is why it is not a good idea to rush into trading with the aim of becoming rich, Trading outcomes are unpredictable, sometimes things will work out really good for you(favorable), but sometimes luck will not be with you(not favorable).
Don't start trading with a greedy mindset, as it may lead to regret. Successful trading requires patience, self-discipline, and a deep understanding of the markets, i.e market dynamics, trends, and analysis. Before you start trading Acquire comprehensive knowledge of trading concepts, and Develop essential skills to manage risks, minimize losses, and maximize gains. also Cultivate patience and emotional control.
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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!!!
You see ehnn,for this crypto space,if you no make better investment choices and decisions my brother,Body go tell you well well.
You cant possibly lay down your investment without making better choices and beta beta analysation of the market, e no dey proper at all,except say you sure say you wan loose well well and me i know say nobody go wan make loss,everybody go wan enjoy profits na.
Another thing be say ehn,you no fit enter crypto space without you not knowing say na big risk wey you dey do so.E fit no be big risk if you sabi am well and when you dey kukuma make better investment decisions.Wetin i mean be say losses ehn,e dey inevitable.you fit loose today profit tomorrow.Na just yiur decision we matter so.
In all,no give up comrade,everybody shoe go still shine!
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Actually trading Is not a joke, it's difficult, challenging and risky, that is why it is not a good idea to rush into trading with the aim of becoming rich, Trading outcomes are unpredictable, sometimes things will work out really good for you(favorable), but sometimes luck will not be with you(not favorable).
Don't start trading with a greedy mindset, as it may lead to regret. Successful trading requires patience, self-discipline, and a deep understanding of the markets, i.e market dynamics, trends, and analysis. Before you start trading Acquire comprehensive knowledge of trading concepts, and Develop essential skills to manage risks, minimize losses, and maximize gains. also Cultivate patience and emotional control.
Trading is the most difficult job in this world. My mentor told me so. You can make $500 today and without risk management. You loose it all in a week.
But what I'll advise it. Start trading because you're fascinated by the concept and and learn not because you want to make quick money
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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!!!
You see ehnn,for this crypto space,if you no make better investment choices and decisions my brother,Body go tell you well well.
You cant possibly lay down your investment without making better choices and beta beta analysation of the market, e no dey proper at all,except say you sure say you wan loose well well and me i know say nobody go wan make loss,everybody go wan enjoy profits na.
Another thing be say ehn,you no fit enter crypto space without you not knowing say na big risk wey you dey do so.E fit no be big risk if you sabi am well and when you dey kukuma make better investment decisions.Wetin i mean be say losses ehn,e dey inevitable.you fit loose today profit tomorrow.Na just yiur decision we matter so.
In all,no give up comrade,everybody shoe go still shine!
Aswr better research and analytics of crypto market na him matter a lot. If you get better knowledge of this cryptocurrency Omo you will gain a lot and loss less, everyone just dey fine wetin go better for am Aswr but plenty just dey rush things just to make money very early not knowing that everything needs patience and dedication to see better results.
You actually said it all my bro everyone show go shine na just patience and time na him matter.
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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.
No be lie better street dey online trading, I don even see person wey almost run mad because of the kind funds wey him been loose. Trading is no for the weak, if you know you have high BP or any other mental condition, no try enter trading at all. Wish you all the very best..
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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.
No be lie better street dey online trading, I don even see person wey almost run mad because of the kind funds wey him been loose. Trading is no for the weak, if you know you have high BP or any other mental condition, no try enter trading at all. Wish you all the very best..
See it depends on how good you are, if you are professional enough you cannot get high BP or any form of Mental illness from trading online. I know a lot of people who are into trading, some are even pastors and have their own families and they sleep comfortable at night they have no record of mental illness Just like any other business, trading has it's own risk but the risk associated with them. But with professionalism one can minimize or even completely avoid those risks.
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See it depends on how good you are, if you are professional enough you cannot get high BP or any form of Mental illness from trading online. I know a lot of people who are into trading, some are even pastors and have their own families and they sleep comfortable at night they have no record of mental illness Just like any other business, trading has it's own risk but the risk associated with them. But with professionalism one can minimize or even completely avoid those risks.
Trading whether physically or online, can be mentally demanding and potentially lead to mental health issues, professional online trader will know how to manage stress and minimize risks. every business consists of risk, anxiety, and stress but experienced people involved in the field will know how to manage the risks effectively and amicably to be free from depression or mental disorder.
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See it depends on how good you are, if you are professional enough you cannot get high BP or any form of Mental illness from trading online. I know a lot of people who are into trading, some are even pastors and have their own families and they sleep comfortable at night they have no record of mental illness Just like any other business, trading has it's own risk but the risk associated with them. But with professionalism one can minimize or even completely avoid those risks.
Trading whether physically or online, can be mentally demanding and potentially lead to mental health issues, professional online trader will know how to manage stress and minimize risks. every business consists of risk, anxiety, and stress but experienced people involved in the field will know how to manage the risks effectively and amicably to be free from depression or mental disorder.
Obviously, your comment is very important in this time. We know that trading is one of the best profitable source for cryptocurrency market. But we believe that trading is also very risky for new person. But we also saw that many professional trader could be losses from crypto trading. Because we know that when we start to trade, we must accept very mental pressure at that's time. So i think that for the time of trade we should trying to understand carefully. Because without knowledge in crypto currency trading we can not earn best profit here.
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The stress no be here oohh. And people no dey understand the stress but dem dey understand only the part wey we dey make moni and not the part for the suffering. Me I don tire to even answer them because whenever I dey go out I go dey answer questions like I the best trader in the world. Weti go help you in trading be say make you no dey pursue big profit and collect even small profit come out.
But some trader's dey pursue big profit when dey get like $20 to $30 as profit. Collect weti you get first before expecting the big amount. Though day one sef na depending on the amount you start opening the trading. The big amount you start with na di big profit you dey make.
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The stress no be here oohh. And people no dey understand the stress but dem dey understand only the part wey we dey make moni and not the part for the suffering. Me I don tire to even answer them because whenever I dey go out I go dey answer questions like I the best trader in the world. Weti go help you in trading be say make you no dey pursue big profit and collect even small profit come out.
But some trader's dey pursue big profit when dey get like $20 to $30 as profit. Collect weti you get first before expecting the big amount. Though day one sef na depending on the amount you start opening the trading. The big amount you start with na di big profit you dey make.
Funny how people just think about cryptocurrency as a gold mine where people go I to pick money, whenever they hear that one is into crypto, they think of that individual as someone, swimming in the ocean of wealth, they don't even wanna know the amount of work that the trader put in for them to get their profit. There is a lot of hardwork and stress associated with cryptocurrency especially if you into trading and also let me say Airdrops, though it's all part of the skill, just like any other skill would have their own stress.
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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.
No time way trading take de easy oh, anybody way de talk or think say trading de easy, make em check himself wella. Trading fit make person fent, wake up and fent again. For me, e better say I use small money de trade to take strong my hand, than to use demo account, because, some people oh use demo account, then de feel say their hands done strong, and at that moment, na big wahala way fit blow person account from $100 to $1.
Trading need patience, dedication and resilience to fit get better result from this crypto market, otherwise, just relax and do other things way fit bring money to pocket than trading. Trading go first collect money from pocket, then with time before e go start to refill the pocket back.
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Online trading no be child play and if you do mistake your money go finish one as for all. So when you dey trade, trade with amount of e lost e no go pain you. And the person e no dey greedy when him dey trade and when him get small profit make him stop the trade and after dat open another trade with the capital again after collecting di profit so if him lost no be all again. Trading is hard.
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Online trading no be child play and if you do mistake your money go finish one as for all. So when you dey trade, trade with amount of e lost e no go pain you. And the person e no dey greedy when him dey trade and when him get small profit make him stop the trade and after dat open another trade with the capital again after collecting di profit so if him lost no be all again. Trading is hard.
Omo traders are trying any small mistake you paid the price with a dollar like bro that shit is really tough. It needs a lot of work and understanding to perfect at least some percentage of the market and understand it. If person no put body for trading you no fit just learn small come dey trade aswr you go pay the price for the market lol but if you understand some basics aspect and understand the market a lot then you can make money from the markets, but aswr the thing no be joke you need better mindset to do trading cause aswr the knowledge wey u need really plenty.
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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.
As far as crypto trading is concerned we must face alot of challenges, since crypto assets can not be predicted accurately, you still need to rely on luck to be able to win I it, let no one deceive you into believing that cryptocurrency trading is a get rich quick activities, mean it doesn’t c9me by that way and you should be prepared to face alot of challenges.
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Lol na the first time I dey see this kind of topic oo ;D op but you funny sha, see the kind of name wey you name your topic, " trading dey cause mental issues " ;D trading go only fit cause emotional changes and mood swing for person wey no take proper risk management, because how person wey know finish say nothing dey certain for this type of market go still like to dey greedy go out all em money for inside. Some people just get this bad mindset say dem wan blow within just one day forgetting say a mansion is not built in a day, e takes lots of process. Normally for the initial stage emotions go changes because losses go dey come around but when the person Don dey get familiar with the process before you go know e Don dey make profits.
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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.
My brother, forgive me if another person Don tell you this before, I never read comments from other people, I just won tell you say, if you know say you no too good with writing in pidgin English, abeg use normal English abeg, no dey confuse your readers, I almost get mental health issues while I dey try to understand most of wetin you write, and coincidentally, the discussion con be about mental issue also 🤣🤣
Trading and making money off it is not as simple as many think it is, it can be extremely stressful depending on the condition of the market per time, but on the other hand, it can be fun as well sometimes..
Best way to trade and keep your sanity is to find out or develop a trading strategy that works for you, one of such is to trade when ever the market is in good condition and chances of winning most trade is high, and avoid the market during times the movement is difficult to predict.