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Author Topic: The hardest thing in trading  (Read 4920 times)

Offline Sarionadukecom

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Re: The hardest thing in trading
« Reply #45 on: October 09, 2024, 12:21:47 AM »
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?

The hardest thing imo is securing your capital. Once you can do that, then you'll be making profits.

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Re: The hardest thing in trading
« Reply #45 on: October 09, 2024, 12:21:47 AM »

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Offline bayu7adi

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Re: The hardest thing in trading
« Reply #46 on: October 09, 2024, 05:13:41 AM »
The hardest thing imo is securing your capital. Once you can do that, then you'll be making profits.
Storing your capital in a safe wallet is also considered securing, right? And it will not generate significant profits except from the gains obtained due to deflation over time... in other words, it is a hodling activity...

If it is just to continue to run with continuous profits, I think it is very unlikely, because until now I am sure that 95%+ investors have experienced losses before, yes, maybe because losing a little capital is also part of their strategy, maybe to do market testing or take samples... so losses are not always a nightmare.

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Re: The hardest thing in trading
« Reply #46 on: October 09, 2024, 05:13:41 AM »

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Re: The hardest thing in trading
« Reply #47 on: October 10, 2024, 10:26:59 AM »
The hardest thing imo is securing your capital. Once you can do that, then you'll be making profits.
Storing your capital in a safe wallet is also considered securing, right? And it will not generate significant profits except from the gains obtained due to deflation over time... in other words, it is a hodling activity...

If it is just to continue to run with continuous profits, I think it is very unlikely, because until now I am sure that 95%+ investors have experienced losses before, yes, maybe because losing a little capital is also part of their strategy, maybe to do market testing or take samples... so losses are not always a nightmare.
Indeed, keeping capital in a safe wallet helps to protect it from market volatility and remain with good profitability especially for the short term periods, but if you have to achieve better assets growth you can try to diversify your assets. However, dividing all the capital into just one wallet is not efficient; it is better to invest some part of the capital in other instruments, for instance staking, or yield farming. As a result, we do not only take into consideration the prospect of a rise in the prices of the materials but also get ass passive income which will help add to the portfolio from time to time.

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Re: The hardest thing in trading
« Reply #48 on: October 10, 2024, 11:03:56 AM »
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?
The most hardest thing in trading is patient, there are lot of people who don't have patient while studying materials that could lead and make them a successful trader, but then may would just read little and jump into trading with the intention that they have knew it all to trade and to become successful while trading. Trading as it's implies doesn't mean immediately you joined you began to make double of what you used to trade, it's also important to check out the necessary materials to make you trade successful and the kind of coin to trade otherwise lost inevitably to come. 

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Re: The hardest thing in trading
« Reply #49 on: October 10, 2024, 05:45:40 PM »
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?
The most hardest thing in trading is patient, there are lot of people who don't have patient while studying materials that could lead and make them a successful trader, but then may would just read little and jump into trading with the intention that they have knew it all to trade and to become successful while trading. Trading as it's implies doesn't mean immediately you joined you began to make double of what you used to trade, it's also important to check out the necessary materials to make you trade successful and the kind of coin to trade otherwise lost inevitably to come.
Patience indeed on which i could really say that it would really be that hard to sustain something specially on the moment that your mind is really that been thinking about on how to make
profits in a short period of time. We do know that this market wont really be moving on fast pace volatility where there are moments or time that you will really be that
impatient because it isnt really that moving on what you do want it to be. This is why you would really be making up some rush decisions which it will really be leading up to losing trades.

Offline Themepen

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Re: The hardest thing in trading
« Reply #50 on: October 10, 2024, 06:09:13 PM »
The most hardest thing in trading is patient, there are lot of people who don't have patient while studying materials that could lead and make them a successful trader, but then may would just read little and jump into trading with the intention that they have knew it all to trade and to become successful while trading. Trading as it's implies doesn't mean immediately you joined you began to make double of what you used to trade, it's also important to check out the necessary materials to make you trade successful and the kind of coin to trade otherwise lost inevitably to come.
I completely agree. Patience is very important for traders. Many of us start trading without fully understanding markets and risks. This can lead us to expensive mistakes and disappointment. To be successful trader we need to give time to learn and research. This means we should learn trading strategies and understanding market trends and managing risks. On thing which I thnk is most important that is choosing right assets to trade and staying informed about market. Successful traders are patient and disciplined. By developing these qualities and continuing to learn so traders can increase their chances of achieving long term success.

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Re: The hardest thing in trading
« Reply #51 on: October 10, 2024, 11:50:41 PM »
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?
The most hardest thing in trading is patient, there are lot of people who don't have patient while studying materials that could lead and make them a successful trader, but then may would just read little and jump into trading with the intention that they have knew it all to trade and to become successful while trading. Trading as it's implies doesn't mean immediately you joined you began to make double of what you used to trade, it's also important to check out the necessary materials to make you trade successful and the kind of coin to trade otherwise lost inevitably to come.
Patience indeed on which i could really say that it would really be that hard to sustain something specially on the moment that your mind is really that been thinking about on how to make
profits in a short period of time. We do know that this market wont really be moving on fast pace volatility where there are moments or time that you will really be that
impatient because it isnt really that moving on what you do want it to be. This is why you would really be making up some rush decisions which it will really be leading up to losing trades.
Patient is something most people don't have because they are always in a rush to become successful in trading without knowing that knowledge also plays a crucial role in them like, to build them, grooming them in a right way to successful trading, and there are some trade they would also enter with patients they can know how to manage their funds not to be in rush to end trade or enter trade without carefully study the market movements.

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Re: The hardest thing in trading
« Reply #51 on: October 10, 2024, 11:50:41 PM »


Offline Jating

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Re: The hardest thing in trading
« Reply #52 on: October 11, 2024, 04:48:31 AM »
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?

The hardest thing imo is securing your capital. Once you can do that, then you'll be making profits.

Securing or having a capital? Obviously if you are going to trade then you have to start something, maybe $100 or more to begin with. However, there are things that beyond our control and so you might lose that initial capital, so you have to reinvest again. The good thing is that you can learn from your past mistakes. And so with that second capital, who knows maybe that is the time that you will make profits because you identify things that went wrong and so you have unlock and have more experience already. It might take sometime though to make the biggest ROI that you are dreaming of. The longer you stay and keep being positive, the better for you to become a successful trader.
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Offline MRY

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Re: The hardest thing in trading
« Reply #53 on: October 12, 2024, 05:01:25 AM »
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?
The most hardest thing in trading is patient, there are lot of people who don't have patient while studying materials that could lead and make them a successful trader, but then may would just read little and jump into trading with the intention that they have knew it all to trade and to become successful while trading. Trading as it's implies doesn't mean immediately you joined you began to make double of what you used to trade, it's also important to check out the necessary materials to make you trade successful and the kind of coin to trade otherwise lost inevitably to come.
Patience indeed on which i could really say that it would really be that hard to sustain something specially on the moment that your mind is really that been thinking about on how to make
profits in a short period of time. We do know that this market wont really be moving on fast pace volatility where there are moments or time that you will really be that
impatient because it isnt really that moving on what you do want it to be. This is why you would really be making up some rush decisions which it will really be leading up to losing trades.
Patient is something most people don't have because they are always in a rush to become successful in trading without knowing that knowledge also plays a crucial role in them like, to build them, grooming them in a right way to successful trading, and there are some trade they would also enter with patients they can know how to manage their funds not to be in rush to end trade or enter trade without carefully study the market movements.
Agreed, That is why patience is one of the aspects that are rarely given due attention by the traders most of whom are over eager to make a killing within a short span. However, it is worthy to know that apart from being patient one does require some knowledge when it comes to trading. The analysis of markets, knowledge of risks, and the constant improvement of market analysis skills combined with experience from every transaction are steps that cannot be disconnected from each other for long term success. Aptitudes also mean patient traders will be able to avoid reckless decisions and instead sharpen their focus on better capital allocation. The qualified and prudent will invest at proper time and time when exiting the market in accordance with mature analysis so that chances of loss are eliminated and chances of making more money arises.

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Re: The hardest thing in trading
« Reply #54 on: October 12, 2024, 09:02:37 AM »
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?
The most hardest thing in trading is patient, there are lot of people who don't have patient while studying materials that could lead and make them a successful trader, but then may would just read little and jump into trading with the intention that they have knew it all to trade and to become successful while trading. Trading as it's implies doesn't mean immediately you joined you began to make double of what you used to trade, it's also important to check out the necessary materials to make you trade successful and the kind of coin to trade otherwise lost inevitably to come.
Trading requires patience. If we start trading with the thought that we will always gain, we will never get anything good. So we should start trading by thinking well while trading. Sometimes we lose money due to our own mistakes. But it is.  You have to accept that while trading, sometimes there will be profit and sometimes there will be loss. Only those who can accept profit and loss and trade can be successful in trading. Sometimes we put our money at risk due to excessive greed. We should start trading with good experience about trading.

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Re: The hardest thing in trading
« Reply #55 on: October 12, 2024, 10:36:53 AM »
You won't be able to find this effective method without practice, a real one, not a demo-trading session or something like that.
Of course, it will be hard, and funds will be spilled, but if you are determined, you will make it through and close the gap.
Demo trading is not real and it definitely not give us the real experience of real trading. We must start with small funds in start if we are new and practice our strategies and enhance them by learning and practicing more and don't increase the investment until you are good enough.

At start trading can be very hard if done without any mentor and learning therefore don't start without them. Trading is easy if done by proper channel without it we will regret why we even started it in the first place.
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Offline Faisal2202

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Re: The hardest thing in trading
« Reply #56 on: October 12, 2024, 10:10:05 PM »
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?
I still consider myself a noob trader because I follow others and have almost some technical analysis knowledge, but I have learned a lot about fundamental analysis and how to act upon it. So I think the difficult thing is to find the right course that won't waste our time because there are some courses that I took early and I followed the wrong person the whole time and thought the market was so unpredictable while it was not only that person I was following not sharing some cool stuff.

So the solution was to ask experts in my contacts where did they learned trading from, so I asked around 3 to 5 experts, and their sources were so good, but still, I am taking time and learning because I practice less and theoretically learn more. After learning, there left action only means we must have the courage to take risks, and must have enough confidence in our trades to make a profit. We should not regret but thrive more while making even losses in trades.
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Online SmartGold01

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Re: The hardest thing in trading
« Reply #57 on: October 13, 2024, 03:34:50 AM »
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?
The most hardest thing in trading is patient, there are lot of people who don't have patient while studying materials that could lead and make them a successful trader, but then may would just read little and jump into trading with the intention that they have knew it all to trade and to become successful while trading. Trading as it's implies doesn't mean immediately you joined you began to make double of what you used to trade, it's also important to check out the necessary materials to make you trade successful and the kind of coin to trade otherwise lost inevitably to come.
Trading requires patience. If we start trading with the thought that we will always gain, we will never get anything good. So we should start trading by thinking well while trading. Sometimes we lose money due to our own mistakes. But it is.  You have to accept that while trading, sometimes there will be profit and sometimes there will be loss. Only those who can accept profit and loss and trade can be successful in trading. Sometimes we put our money at risk due to excessive greed. We should start trading with good experience about trading.
the illusion of becoming quickly wealthy while trading is one of the major thing that has ridicule trader's life to an extent they don't wanna believe that trading is a gradual process and it takes time for someone to become professional to start making profits, even the professional at times makes serious lost while trading nd they also cries loud while some of them keeps it silent within themselves.

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Re: The hardest thing in trading
« Reply #58 on: October 14, 2024, 12:01:19 PM »
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?
The most hardest thing in trading is patient, there are lot of people who don't have patient while studying materials that could lead and make them a successful trader, but then may would just read little and jump into trading with the intention that they have knew it all to trade and to become successful while trading. Trading as it's implies doesn't mean immediately you joined you began to make double of what you used to trade, it's also important to check out the necessary materials to make you trade successful and the kind of coin to trade otherwise lost inevitably to come.
Trading requires patience. If we start trading with the thought that we will always gain, we will never get anything good. So we should start trading by thinking well while trading. Sometimes we lose money due to our own mistakes. But it is.  You have to accept that while trading, sometimes there will be profit and sometimes there will be loss. Only those who can accept profit and loss and trade can be successful in trading. Sometimes we put our money at risk due to excessive greed. We should start trading with good experience about trading.
the illusion of becoming quickly wealthy while trading is one of the major thing that has ridicule trader's life to an extent they don't wanna believe that trading is a gradual process and it takes time for someone to become professional to start making profits, even the professional at times makes serious lost while trading nd they also cries loud while some of them keeps it silent within themselves.

There is nothing wrong if someone starts trading to get rich very quickly, but what is wrong is when he gets too greedy. Many have lost all their money to get too greedy. We have to remember that nothing extra is better than trading.  Just as there is profit, there is also loss. But those who are experienced in trading will never be greedy from trading, they will risk their money for greed. We should control greed and trade. I have seen my friend from trading.  Earned a good amount of money in the first phase but from the time he started greedy he was at risk.

Offline luckyledger

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Re: The hardest thing in trading
« Reply #59 on: October 14, 2024, 12:10:53 PM »
the illusion of becoming quickly wealthy while trading is one of the major thing that has ridicule trader's life to an extent they don't wanna believe that trading is a gradual process and it takes time for someone to become professional to start making profits, even the professional at times makes serious lost while trading nd they also cries loud while some of them keeps it silent within themselves.

I do agree. It's better to be silent and determined than to be loud and arrogant about it.
Because in the end, the results speak for themselves. And only the determined and motivated people would get to the highs and trade well.

 

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