The hardest thing in trading

[ZAINmalik75]

That's right, even people who open workshops just to teach about trading, they will only provide basic knowledge, without providing anything secret or valuable behind their kitchen to get money... sincere teachers tend to only take students based on the close relationships they have, so looking for a trading teacher or mentor who really intends to help us learn the key knowledge in trading, that's nonsense...

Many traders have to start with self-taught methods, and end up with regret, because they may fail to find an effective way like professional traders do.

I did not take paid courses till now so I don't know if they are really that useless but I think their is no secret ingredient in trading but if the mentor is educated enough you will be getting free advice from them if you will follow them on social media. Sometimes they give away free premium knowledge like the secrets and tips you are referring to.

Self taught methods teach more to us we can learn more and understand the crypto market more if we are in it and facing the real pressure. Trading is not hard but with the right tools and right knowledge, it becomes hard. Once we find the tools and knowledge even the mentor for knowledge it won't be hard.

[milewilda]

Many say that trading to make a profit is quite difficult for most people... even many people lose because they make the wrong decision... to be able to improve our trading skills, at least we must first know where the difficulty lies or where the problem lies... then we can fix it at that point...

So, in your opinion, what is the most difficult thing for traders? , (both beginner traders and professional traders)... and have you thought about the solution if it turns out that you are interested in the world of trading?

Pretty much sure we would really be having on the same thing about on whats the most hardest thing that we could be able to encounter when dealing up with trading on which of course it will
really be pertaining about on where prices would be going and this is something the main thing that traders do really struggle on. We dont know on where prices would be going
and if it was predictable in the first place, then we wont really be seeing people will really be  dealing up with trading or simply everyone is alredy that rich.
This is why on the moment that you do deal up with trading on which of course this do shows that on how hard on predicting movement of prices on next seconds,minute or hours and so on.

[Ouen]

The hardest thing is accepting a loss. To start, I recommend deciding on the amount of money you're willing to lose painlessly on a single trade. That will be your stop-loss! Psychologically, it will make trading much easier for you.

[|MINER|]

Many say that trading to make a profit is quite difficult for most people... even many people lose because they make the wrong decision... to be able to improve our trading skills, at least we must first know where the difficulty lies or where the problem lies... then we can fix it at that point...

So, in your opinion, what is the most difficult thing for traders? , (both beginner traders and professional traders)... and have you thought about the solution if it turns out that you are interested in the world of trading?

Personally I think the most difficult thing in trading is to control your emotions because this is very complicated and because of not being able to control these emotions, many times we take wrong trades. The main thing is that when we trade depending on emotions, there will be more chances of making mistakes. Many times we can't control ourselves by seeing the hype, we invest or when we see a little dump in the market, when we need to hold, we sell at a loss because of panic.
And this matter in many cases we see between small, big, professional and non-professional all types of traders, some have more and some have less. And so I think this is the most difficult thing in the field of trading.

[KingsDen]

I think these are the hardest things in trading;

• Knowing how to trade
• Knowing when to trade
• Knowing when not to trade

I have known people who loss many times because they don't know how to trade. Some over trade and make losses. Some overwhelmed by emotions trade under its influence.

[bayu7adi]

Personally I think the most difficult thing in trading is to control your emotions because this is very complicated and because of not being able to control these emotions, many times we take wrong trades. The main thing is that when we trade depending on emotions, there will be more chances of making mistakes. Many times we can't control ourselves by seeing the hype, we invest or when we see a little dump in the market, when we need to hold, we sell at a loss because of panic.
And this matter in many cases we see between small, big, professional and non-professional all types of traders, some have more and some have less. And so I think this is the most difficult thing in the field of trading.

In my personal opinion, this emotional problem occurs more often for novice traders or investors, because they are not used to it and do not have a lot of flying hours... a trader who already understands the concept of trading and how the market works, they tend not to be influenced by emotions anymore... yes, the decisions of a professional trader look more rational and mature...

And what I personally feel is, switching from being a daily trader, and changing to a long-term investor... emotions also have no effect on my decisions. That is why I think it is not emotions that are the most difficult thing to fear.

[royalRitta]

I think these are the hardest things in trading;

• Knowing how to trade
• Knowing when to trade
• Knowing when not to trade

I have known people who loss many times because they don't know how to trade. Some over trade and make losses. Some overwhelmed by emotions trade under its influence.

It's also important to know to which goal to trade. Otherwise, you will reach your goal when you know when to trade, but you won't be able to realize the profits at hand.

[gunhell16]

I think these are the hardest things in trading;

• Knowing how to trade
• Knowing when to trade
• Knowing when not to trade

I have known people who loss many times because they don't know how to trade. Some over trade and make losses. Some overwhelmed by emotions trade under its influence.

I believe in what you said, because it's not really easy to understand trading; it's easy to learn, yes, but the implementation of what we learn here in crypto is trading has results in what we learn if we really learn.

We may already know the basics of trading, even the functions of trading strategies, but everything changes when the self-analysis is what we do, specifically in the actual trade, any exchange, whether it's a CEX or DEX platform.

[enoch_from_off]

I think these are the hardest things in trading;

• Knowing how to trade
• Knowing when to trade
• Knowing when not to trade

I have known people who loss many times because they don't know how to trade. Some over trade and make losses. Some overwhelmed by emotions trade under its influence.

I believe in what you said, because it's not really easy to understand trading; it's easy to learn, yes, but the implementation of what we learn here in crypto is trading has results in what we learn if we really learn.

We may already know the basics of trading, even the functions of trading strategies, but everything changes when the self-analysis is what we do, specifically in the actual trade, any exchange, whether it's a CEX or DEX platform.

It all also changes when we go from theory to practice

[Sukii]

Many say that trading to make a profit is quite difficult for most people... even many people lose because they make the wrong decision... to be able to improve our trading skills, at least we must first know where the difficulty lies or where the problem lies... then we can fix it at that point...

So, in your opinion, what is the most difficult thing for traders? , (both beginner traders and professional traders)... and have you thought about the solution if it turns out that you are interested in the world of trading?

Alright let me bring something different from the replies you already have
Although it may not be  the most difficult thing but it's very essential and that is fear
You see as a trader you have to shunt fear if you want to succeed when you enter a trade and the trade seems to be going the other direction have confidence in your analysis and observe
Sometimes because you are afraid you end up leaving a trade in loss and the boom
It starts going to the direction you initially predicted it to go to

[Agbe]

There are a lot of things that are difficult in trading and can some challenges to traders who aren't well equipped and knowledgeable enough, the first one is not having a target, this can actually be a problem to a trader because you can't just dive into the market to get whatever it gives you. Have a specific target and always take profit when it gets to that point, don't try to overdo your limit or get too greedy. Another difficult thing to do is having a strategy and sticking to it, you must always learn to stick to your trading plans instead of letting the ideas of other people put you in a different direction.

[satpol_PP]

There are a lot of things that are difficult in trading and can some challenges to traders who aren't well equipped and knowledgeable enough, the first one is not having a target, this can actually be a problem to a trader because you can't just dive into the market to get whatever it gives you. Have a specific target and always take profit when it gets to that point, don't try to overdo your limit or get too greedy. Another difficult thing to do is having a strategy and sticking to it, you must always learn to stick to your trading plans instead of letting the ideas of other people put you in a different direction.

I agree with you we must have a target and always stick to the plan we make because in trading we must not be greedy and must always focus and be in accordance with the target we plan. There is a lot of knowledge and experience that we must have if we want to be a successful trader.

[|MINER|]

In my personal opinion, this emotional problem occurs more often for novice traders or investors, because they are not used to it and do not have a lot of flying hours... a trader who already understands the concept of trading and how the market works, they tend not to be influenced by emotions anymore... yes, the decisions of a professional trader look more rational and mature...

And what I personally feel is, switching from being a daily trader, and changing to a long-term investor... emotions also have no effect on my decisions. That is why I think it is not emotions that are the most difficult thing to fear.

I will not disagree with you because it is true that novice traders or investors face this issue more. Because when I first came to the market I had the same fear especially with Bitcoin that the price is going down and it seems that the price will not go up and I didn't invest thinking that and now I see that the price of Bitcoin is four times more than that. To say that if I had not given priority to my emotions and looked at the previous prices, how the market works and when the market pumps and when the market dumps, then maybe I would have four times the profit today.

[KingsDen]

I think these are the hardest things in trading;

• Knowing how to trade
• Knowing when to trade
• Knowing when not to trade

I have known people who loss many times because they don't know how to trade. Some over trade and make losses. Some overwhelmed by emotions trade under its influence.

It's also important to know to which goal to trade. Otherwise, you will reach your goal when you know when to trade, but you won't be able to realize the profits at hand.

That's the over trading I'm refering to. While some traders set goal but don't respect their goals. Some don't have goals at all. They just trade and lose as much as they'll lose or profit as much as they can. In the end, they will not keep track of their wins or losses.

[akeemqaz]

Honestly, I think everything about trading is challenging, but we just have to make firm decisions. Making firm decisions is one of the effective solutions to trading. For example, setting stop-loss and take-profit orders. It's crucial to remember that stop-loss is just as important as take-profit and by being able to take more profit than loss, we will surely lead to successful trading.