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Author Topic: Online trading dey cause mental issues!  (Read 7723 times)

Offline Foden

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Re: Online trading dey cause mental issues!
« Reply #45 on: October 01, 2024, 01:28:27 AM »
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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Re: Online trading dey cause mental issues!
« Reply #45 on: October 01, 2024, 01:28:27 AM »

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Re: Online trading dey cause mental issues!
« Reply #46 on: October 01, 2024, 06:33:32 PM »
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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Re: Online trading dey cause mental issues!
« Reply #46 on: October 01, 2024, 06:33:32 PM »

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Offline Thyplaymaker

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Re: Online trading dey cause mental issues!
« Reply #47 on: October 02, 2024, 11:42:32 PM »
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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Re: Online trading dey cause mental issues!
« Reply #48 on: October 03, 2024, 06:59:14 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.

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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Re: Online trading dey cause mental issues!
« Reply #49 on: October 11, 2024, 03:46:32 PM »
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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Re: Online trading dey cause mental issues!
« Reply #50 on: October 20, 2024, 07:07:39 AM »
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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Offline Hatchy

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Re: Online trading dey cause mental issues!
« Reply #51 on: October 20, 2024, 08:48:29 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.
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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Re: Online trading dey cause mental issues!
« Reply #51 on: October 20, 2024, 08:48:29 PM »


Offline Thyplaymaker

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Re: Online trading dey cause mental issues!
« Reply #52 on: October 21, 2024, 09:21:09 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.
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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Re: Online trading dey cause mental issues!
« Reply #53 on: October 24, 2024, 02:13:44 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.
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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Re: Online trading dey cause mental issues!
« Reply #54 on: October 24, 2024, 09:55:08 AM »
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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Re: Online trading dey cause mental issues!
« Reply #55 on: October 24, 2024, 10:31:10 AM »
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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Re: Online trading dey cause mental issues!
« Reply #56 on: October 31, 2024, 01:23:20 PM »
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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Re: Online trading dey cause mental issues!
« Reply #57 on: November 02, 2024, 10:41:02 PM »
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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Offline Darker45

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Re: Online trading dey cause mental issues!
« Reply #58 on: November 03, 2024, 06:37:09 PM »
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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Re: Online trading dey cause mental issues!
« Reply #59 on: November 05, 2024, 06:03:11 PM »
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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