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Author Topic: Do you feel like you're getting it all wrong?  (Read 9744 times)

Offline Jamal Aezaz

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Re: Do you feel like you're getting it all wrong?
« Reply #105 on: June 20, 2024, 07:05:57 PM »
And strangely, there are still many people who think it's all easy to do... there are even beginners who think trading is just buying at a cheap price, then selling it at a more expensive price and then enjoying the profits.... that sounds easy to say, and when he does, he will be surprised that what he says is not as easy as he thinks... that is why many people are too reckless and make a lot of mistakes when they first start trading cryptocurrency. And those who can carry out evaluations will improve their ways, while those who don't have a strong mentality will fall and leave the cryptocurrency trading room with losses.

Beginners don't know about the fact that's why they always make mistakes and when they lose all the amount then they realize that trading is not as easy as they are expecting. An expert traders will never make mistakes because they have experience in trading but still there is a little change to lose money and that chance is due to market fluctuations.

Those who are mentally not prepared for trading and will not be able to forget about their loss and due to single loss they will decide to repeat their trades should remember that aggressive behavior will not make them profitable but due to their aggressiveness they will face a big loss so try to learn something instead of trying to recover your money.
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Re: Do you feel like you're getting it all wrong?
« Reply #105 on: June 20, 2024, 07:05:57 PM »

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Offline Rubel007

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Re: Do you feel like you're getting it all wrong?
« Reply #106 on: June 20, 2024, 08:00:50 PM »
I believe that those who learn anything with time and patience can acquire good skills in that particular subject. And those who have good skills will be successful in trading. But there are many who are talented they can take less time. The bottom line is that we must be patient. In trading, we are more likely to succeed if we have skills and if we keep up with it, certainly success will come to us.

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Re: Do you feel like you're getting it all wrong?
« Reply #106 on: June 20, 2024, 08:00:50 PM »

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Re: Do you feel like you're getting it all wrong?
« Reply #107 on: September 20, 2024, 07:30:44 PM »
Always keep a cool head in trading and wait until everything is relaxed.  Because profit & loss are both trading. Especially the new comers in this sector face losses. Because they don't know the right rules and trade wrongly.  Then they face losses. After facing losses, some correct their mistakes and declare themselves as pro traders. Some give up and start blaming their luck.  But luck has nothing to do with trading. It is completely dependent on skill.

Offline doc

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Re: Do you feel like you're getting it all wrong?
« Reply #108 on: September 21, 2024, 06:18:25 PM »
Always keep a cool head in trading and wait until everything is relaxed.  Because profit & loss are both trading. Especially the new comers in this sector face losses. Because they don't know the right rules and trade wrongly.  Then they face losses. After facing losses, some correct their mistakes and declare themselves as pro traders. Some give up and start blaming their luck.  But luck has nothing to do with trading. It is completely dependent on skill.
In trading requires experience, knowledge and newbies must understand this. They must understand technical and fundamental analysis in order to trade well. Yeah... I agree trading does not rely on luck but requires skill and experience.

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Re: Do you feel like you're getting it all wrong?
« Reply #109 on: September 22, 2024, 05:20:58 PM »
Always keep a cool head in trading and wait until everything is relaxed.  Because profit & loss are both trading. Especially the new comers in this sector face losses. Because they don't know the right rules and trade wrongly.  Then they face losses. After facing losses, some correct their mistakes and declare themselves as pro traders. Some give up and start blaming their luck.  But luck has nothing to do with trading. It is completely dependent on skill.
In trading requires experience, knowledge and newbies must understand this. They must understand technical and fundamental analysis in order to trade well. Yeah... I agree trading does not rely on luck but requires skill and experience.
Knowledge is the main capital for a trader, and it can be obtained by continuing to learn, after they start trading then there will be an addition, namely the experience gained and applied in future trading.

There must always be a willingness to learn, because if not then we will never increase our knowledge of trading. Moreover, knowledge of trading is not only limited to the market, but it is broader like the fundamentals as you said.

Offline luckyledger

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Re: Do you feel like you're getting it all wrong?
« Reply #110 on: September 23, 2024, 09:18:43 AM »
Always keep a cool head in trading and wait until everything is relaxed.  Because profit & loss are both trading. Especially the new comers in this sector face losses. Because they don't know the right rules and trade wrongly.  Then they face losses. After facing losses, some correct their mistakes and declare themselves as pro traders. Some give up and start blaming their luck.  But luck has nothing to do with trading. It is completely dependent on skill.
In trading requires experience, knowledge and newbies must understand this. They must understand technical and fundamental analysis in order to trade well. Yeah... I agree trading does not rely on luck but requires skill and experience.
Knowledge is the main capital for a trader, and it can be obtained by continuing to learn, after they start trading then there will be an addition, namely the experience gained and applied in future trading.

There must always be a willingness to learn, because if not then we will never increase our knowledge of trading. Moreover, knowledge of trading is not only limited to the market, but it is broader like the fundamentals as you said.

Totally right.
It's essential to learn from the mistakes made.
Otherwise, you won't see the progress of you as a trader, in my opinion.
Losses are part of the process, but you should take them as something to be improved upon eventually.

Offline Agbe

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Re: Do you feel like you're getting it all wrong?
« Reply #111 on: September 23, 2024, 03:14:06 PM »
Am I the only one who gets this feeling that maybe I am just doing everything wrong in trading?

A couple of months ago when I started trading I got this feeling whenever get my trades wrong. Like in a week straight I amounted to so many losses that I felt this edge of seeing trade as a waste of time. Long story short, I'm still here trading and enjoying every little profit I get...

Now, I decided to share this with all of you. Never give up, whenever you think you're getting it wrong, just give it a break and relax. Is ok to be mad. Always remember no elite trader made it just like that. I feel the same thing this period. So, go relax and come back when your head is clear

Feeling like you are getting it all wrong is a phase that you will definitely Cross. People think the financial market is something that even experts can fully understand, it's a lifetime learning process, even as expert there are things that you would learn everyday and this process of discovering doesn't stop. If you feel you are getting it all wrong there's no need to panic, don't rush the market take your time out and learn new strategies, you can do this by writing down the patterns of the market that made you had losses and consider having a different approach but whatever you do don't trade against the trend this is one of the major reason why a lot of traders lose money in the market. You can't have everything figured out in a day it is going to take sometime

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Re: Do you feel like you're getting it all wrong?
« Reply #111 on: September 23, 2024, 03:14:06 PM »


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Re: Do you feel like you're getting it all wrong?
« Reply #112 on: September 23, 2024, 06:08:03 PM »

Knowledge is the main capital for a trader, and it can be obtained by continuing to learn, after they start trading then there will be an addition, namely the experience gained and applied in future trading.

There must always be a willingness to learn, because if not then we will never increase our knowledge of trading. Moreover, knowledge of trading is not only limited to the market, but it is broader like the fundamentals as you said.
We must have knowledge and experience in trading, because many newbies who try to trade think that trading is easy but because of lack of knowledge and experience they end up losing and suffering losses. risk management and financial management are also very important in trading. We must be able to learn all of that so that we have skills in trading.

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Re: Do you feel like you're getting it all wrong?
« Reply #113 on: September 25, 2024, 04:15:19 PM »
Knowledge is the main capital for a trader, and it can be obtained by continuing to learn, after they start trading then there will be an addition, namely the experience gained and applied in future trading.

There must always be a willingness to learn, because if not then we will never increase our knowledge of trading. Moreover, knowledge of trading is not only limited to the market, but it is broader like the fundamentals as you said.

Totally right.
It's essential to learn from the mistakes made.
Otherwise, you won't see the progress of you as a trader, in my opinion.
Losses are part of the process, but you should take them as something to be improved upon eventually.
A successful person is usually a person who is born from the mistakes they make many times, we cannot expect something to run perfectly without any mistakes, I even believe that there is nothing without mistakes in our lives, be it big mistakes or small mistakes.

We must be able to make the mistakes we make into a very valuable lesson in the future, that is the key. Without learning we may fall into the same mistakes.

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Re: Do you feel like you're getting it all wrong?
« Reply #114 on: September 25, 2024, 08:57:03 PM »

We must have knowledge and experience in trading, because many newbies who try to trade think that trading is easy but because of lack of knowledge and experience they end up losing and suffering losses. risk management and financial management are also very important in trading. We must be able to learn all of that so that we have skills in trading.

For that reason it is better to read books, see everything that can be illustrated, take courses, everything that helps, I primarily recommend reading books, then learning technical analysis through any social network, if there is the possibility of taking courses I recommend it, but you have to learn first so you don't lose money, the good thing about trading is that the more you know the more it translates into making or losing money, I think that's where it all starts, nobody likes to lose money, much less now that there are so many people in the market, a lot of knowledge is needed.
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Re: Do you feel like you're getting it all wrong?
« Reply #115 on: September 27, 2024, 04:16:09 PM »

Knowledge is the main capital for a trader, and it can be obtained by continuing to learn, after they start trading then there will be an addition, namely the experience gained and applied in future trading.

There must always be a willingness to learn, because if not then we will never increase our knowledge of trading. Moreover, knowledge of trading is not only limited to the market, but it is broader like the fundamentals as you said.
We must have knowledge and experience in trading, because many newbies who try to trade think that trading is easy but because of lack of knowledge and experience they end up losing and suffering losses. risk management and financial management are also very important in trading. We must be able to learn all of that so that we have skills in trading.
Most people believe that trading fortunately, trading is not a simple task as most people perceive it to be, in fact it is quite risky if undertaken without understanding. Thus, one needs to study essential thing while trading such as the analysis of the market, and other useful strategies. If the knowledge that traders possess is adequate, they increase their chances of avoiding pitfalls that may be fatal on the trading floor.
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Online milewilda

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Re: Do you feel like you're getting it all wrong?
« Reply #116 on: September 27, 2024, 04:35:55 PM »

Knowledge is the main capital for a trader, and it can be obtained by continuing to learn, after they start trading then there will be an addition, namely the experience gained and applied in future trading.

There must always be a willingness to learn, because if not then we will never increase our knowledge of trading. Moreover, knowledge of trading is not only limited to the market, but it is broader like the fundamentals as you said.
We must have knowledge and experience in trading, because many newbies who try to trade think that trading is easy but because of lack of knowledge and experience they end up losing and suffering losses. risk management and financial management are also very important in trading. We must be able to learn all of that so that we have skills in trading.
Most people believe that trading fortunately, trading is not a simple task as most people perceive it to be, in fact it is quite risky if undertaken without understanding. Thus, one needs to study essential thing while trading such as the analysis of the market, and other useful strategies. If the knowledge that traders possess is adequate, they increase their chances of avoiding pitfalls that may be fatal on the trading floor.
Sooner or later, you would really be able to realize those things on which on the moment or time that you will be dealing up with gambling then you will really be able to have that kind of
realization that its never been easy and its never been that simple for you to deal with. You would really be that needing that sufficient time and effort for you to have at least a good grasps
on doing it for you to be able to survive or able to sustain. Mistakes and errors are common on which it will really be that normal that you will be able to make out adjustments on the time
that you do able to experience those common negative scenario.

Offline Geey

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Re: Do you feel like you're getting it all wrong?
« Reply #117 on: September 27, 2024, 06:24:48 PM »
in trading it is common if we get a loss or profit, it's just that we have to be smart in managing our assets so that they can produce or profit, if we fail in this case, maybe this is a lesson for us so that in the future we do not repeat such mistakes. the most important thing in trading is that we have to be smart in taking the moment to buy and sell coins, if necessary we look for information about the market or market signals with that we are not confused about taking the next step.
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