The hardest thing in trading

[Uruhara]

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

Do you mean by securing capital to ensure that we don't experience losses that reduce our capital? And of course that's true. Because when we succeed in keeping our capital intact in trading, it automatically means we have succeeded in avoiding losses. But it seems like you mean more than that. Or maybe I misunderstood what you said.

[bayu7adi]

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.

easy to do, but hard to get the right timing... trading is really about timing and moment, and most new people don't know this... what they do is buy when the price goes down and sell when it goes up, even though the price going down is not necessarily the best buying point.

a professional who still often loses in trading is also a reflection of himself still not perfect in determining the timing to make decisions... and that is still reasonable, because the market is really not controlled by just one person, but there are also other whales who control the direction of the market...

[Hisbullah]

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.

easy to do, but hard to get the right timing... trading is really about timing and moment, and most new people don't know this... what they do is buy when the price goes down and sell when it goes up, even though the price going down is not necessarily the best buying point.

a professional who still often loses in trading is also a reflection of himself still not perfect in determining the timing to make decisions... and that is still reasonable, because the market is really not controlled by just one person, but there are also other whales who control the direction of the market...

I am not a professional trader, just a person who spends free time trading, so I do not use timing but see market movements if I feel the market is good for trading, I will trade. but if using timing we must always monitor the market, and I do not have time to do that.
Maybe for those who have a lot of time can do that,

[enoch_from_off]

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.

easy to do, but hard to get the right timing... trading is really about timing and moment, and most new people don't know this... what they do is buy when the price goes down and sell when it goes up, even though the price going down is not necessarily the best buying point.

a professional who still often loses in trading is also a reflection of himself still not perfect in determining the timing to make decisions... and that is still reasonable, because the market is really not controlled by just one person, but there are also other whales who control the direction of the market...

I am not a professional trader, just a person who spends free time trading, so I do not use timing but see market movements if I feel the market is good for trading, I will trade. but if using timing we must always monitor the market, and I do not have time to do that.
Maybe for those who have a lot of time can do that,

You should do investments then, not trade, in my opinion.

[SmartGold01]

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.

easy to do, but hard to get the right timing... trading is really about timing and moment, and most new people don't know this... what they do is buy when the price goes down and sell when it goes up, even though the price going down is not necessarily the best buying point.

a professional who still often loses in trading is also a reflection of himself still not perfect in determining the timing to make decisions... and that is still reasonable, because the market is really not controlled by just one person, but there are also other whales who control the direction of the market...

I am not a professional trader, just a person who spends free time trading, so I do not use timing but see market movements if I feel the market is good for trading, I will trade. but if using timing we must always monitor the market, and I do not have time to do that.
Maybe for those who have a lot of time can do that,

Then it is completely important to look out for our strength and weaknesses because if we don't realized it on time we may find difficult coping with it especially when the person isn't that routed into trading, they find it hard to sail swiftly but you understand how it works it will enable cutline your strength to area where you can be able to control and manage. Especially in the aspect of investment when you are good with investment and you trust the asset you are investing on then good than trading and losing your funds.

[JISAN]

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 solution to trading is that people should prefer long term trading like swing trading. If you are a day trader and notice that you are not making money, it is because day traders do lose money. But generally I prefer holding. Holders are the ones making money, but that is if you know the right time to hold.

It is possible to make a lot of profit through day trading, especially in pre-market today, if you can make good predictions. And of course long term investment is a safe investment I believe. But this requires a lot of patience. Long-term investing means you must hold a coin for a long time regardless of its status. If suddenly the price of that coin starts to fall then there is no need to panic. of course you have to wait to recover again. the big point is whether you have patience till then. Because most traders cannot afford to be patient

[vegasus]

It is possible to make a lot of profit through day trading, especially in pre-market today, if you can make good predictions. And of course long term investment is a safe investment I believe. But this requires a lot of patience. Long-term investing means you must hold a coin for a long time regardless of its status. If suddenly the price of that coin starts to fall then there is no need to panic. of course you have to wait to recover again. the big point is whether you have patience till then. Because most traders cannot afford to be patient

This certainly requires big efforts to realize it, not only when taking action but also in analyzing what coins will be taken. Because pre-market is a new coin, so it's like there is no certainty whether the coin can be really that good later or not. So if you are not used to analyzing it, it will be very bad.

However, at the same time, all of that will also depend on the risk we want to hold. Because, new coins like that certainly have a much higher risk, but on the other hand, they also have the possibility of giving high returns too, so this will depend on how we prepare for such readiness.

[bayu7adi]

It is possible to make a lot of profit through day trading, especially in pre-market today, if you can make good predictions. ...
~[snip]

It's really hard, my friend.. making predictions that are always accurate is certainly a big challenge for every trader and investor... we don't fully control the market well, that means we will still find mistakes in making predictions, no matter how long your experience in the cryptocurrency world is, mistakes still exist...

People who can make accurate predictions every day, they will be rich in a faster time... predictions are the last challenge for every trader who may even only whales have access to knowledge about this. Because of their ability to manipulate the market.

[royalRitta]

It is possible to make a lot of profit through day trading, especially in pre-market today, if you can make good predictions. ...
~[snip]

It's really hard, my friend.. making predictions that are always accurate is certainly a big challenge for every trader and investor... we don't fully control the market well, that means we will still find mistakes in making predictions, no matter how long your experience in the cryptocurrency world is, mistakes still exist...

People who can make accurate predictions every day, they will be rich in a faster time... predictions are the last challenge for every trader who may even only whales have access to knowledge about this. Because of their ability to manipulate the market.

That's the gist of it - you get the market and the flow of it, you are good.
You are impatient or do something because - you - want it to happen, without the reasons behind it - you get punished for it.

[Mr. Magkaisa]

           -      The difficult thing to do in trading here in crypto is to perform technical and fundamental analysis if it's just a prediction it's easy but the two I mentioned there have a deep analysis. Then it also depends on your depth in using strategies here in the trading activity.

That's why it's not possible to be ignorant in trading, it's not just buy and sell, you must really know something in terms of understanding using indicators,
reading in the chart and etc.

[target]

           -      The difficult thing to do in trading here in crypto is to perform technical and fundamental analysis if it's just a prediction it's easy but the two I mentioned there have a deep analysis. Then it also depends on your depth in using strategies here in the trading activity.

That's why it's not possible to be ignorant in trading, it's not just buy and sell, you must really know something in terms of understanding using indicators,
reading in the chart and etc.

Fundamental analysis can be harder to follow since crypto is a wide world market which also involve geopolitics. And even the US election can be a trigger for where the crypto market trends go. If anything other than TA, it's what's going on with geopolitics that's affects more than just the US dollar.

It would take more than just TA and fundamental analysis which I guess it's hard even for the pro.

[smartaction]

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 solution to trading is that people should prefer long term trading like swing trading. If you are a day trader and notice that you are not making money, it is because day traders do lose money. But generally I prefer holding. Holders are the ones making money, but that is if you know the right time to hold.

Earning money from trading is very difficult. Earning money from trading is very difficult for everyone. If a day trader thinks of making money by trading daily, it will be very difficult for him. There is no such risk in day trading for long term trading. Sometimes we put all our money at risk due to our own mistakes. If we start trading cautiously, our money will not be at risk. And if we start trading with a wrong decision, our money will be more likely to be lost.

[satpol_PP]

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 solution to trading is that people should prefer long term trading like swing trading. If you are a day trader and notice that you are not making money, it is because day traders do lose money. But generally I prefer holding. Holders are the ones making money, but that is if you know the right time to hold.

Earning money from trading is very difficult. Earning money from trading is very difficult for everyone. If a day trader thinks of making money by trading daily, it will be very difficult for him. There is no such risk in day trading for long term trading. Sometimes we put all our money at risk due to our own mistakes. If we start trading cautiously, our money will not be at risk. And if we start trading with a wrong decision, our money will be more likely to be lost.

daily trading requires focus and always have time to monitor the market, I am also a trader but sometimes when my prediction is not accurate I will hold and change short-term trading to medium. because our crypto market is very volatile so we need the right analysis and prediction and this is certainly not easy.

[JISAN]

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 solution to trading is that people should prefer long term trading like swing trading. If you are a day trader and notice that you are not making money, it is because day traders do lose money. But generally I prefer holding. Holders are the ones making money, but that is if you know the right time to hold.

Earning money from trading is very difficult. Earning money from trading is very difficult for everyone. If a day trader thinks of making money by trading daily, it will be very difficult for him. There is no such risk in day trading for long term trading. Sometimes we put all our money at risk due to our own mistakes. If we start trading cautiously, our money will not be at risk. And if we start trading with a wrong decision, our money will be more likely to be lost.

daily trading requires focus and always have time to monitor the market, I am also a trader but sometimes when my prediction is not accurate I will hold and change short-term trading to medium. because our crypto market is very volatile so we need the right analysis and prediction and this is certainly not easy.

Yes, for day trading you have to keep an eye on the market because when thousands of coins in the market move in which direction depends on various good and bad news and project team intervention.  Therefore, for short-term trade or day trading, it is very important not only to keep an eye on the market but also to keep a sharp focus on various news.  Otherwise, it is not possible to do anything good through day trading.  Even if you can make profit sometimes, you have to face huge losses at some point.  Because a bad news has a huge negative impact on the market

[legend45]

Yes, for day trading you have to keep an eye on the market because when thousands of coins in the market move in which direction depends on various good and bad news and project team intervention.  Therefore, for short-term trade or day trading, it is very important not only to keep an eye on the market but also to keep a sharp focus on various news.  Otherwise, it is not possible to do anything good through day trading.  Even if you can make profit sometimes, you have to face huge losses at some point.  Because a bad news has a huge negative impact on the market

Daily trading takes a lot of time to always monitor the market and read the latest news, because the news is very influential on short-term trading.
While long-term investment we don't need to bother with always monitoring the market.
but if you want to compare the benefits if we are professional traders, we can get bigger profits than just holding for the long term.