What are the key criteria needed when it comes to trading?

[bayu7adi]

I have been trading for more than 5 years and I am still learning from my mistakes until now, there is no 100% successful strategy, you have to always change your strategies and adapt according to the circumstances and variables, so when the trader feels that he has mastered everything, then failure and loss will begin.

Why is there no motivational word at all in this sentence? Whereas for people who are willing to learn and gain good knowledge about trading, they should have a better chance and often gain profit in trading... so, when will someone start to be able to enjoy something fun like being a trader who always wins?

No matter how logical it is, trading still has a lucky side, someone who is lucky will of course get profit... even if he is careless, as long as he is lucky, he wins.

[Sim_card]

I have been trading for more than 5 years and I am still learning from my mistakes until now, there is no 100% successful strategy, you have to always change your strategies and adapt according to the circumstances and variables, so when the trader feels that he has mastered everything, then failure and loss will begin.

Why is there no motivational word at all in this sentence? Whereas for people who are willing to learn and gain good knowledge about trading, they should have a better chance and often gain profit in trading... so, when will someone start to be able to enjoy something fun like being a trader who always wins?

No matter how logical it is, trading still has a lucky side, someone who is lucky will of course get profit... even if he is careless, as long as he is lucky, he wins.

Trading is not profitable by luck but by experience, because if you are trading without a grounded knowledge on trading, and you only depend on luck, you will run at big loss. Trading is not for you because you are only gambling. It's not compulsory to trade if you don't have ths patience to learn and resources. You can simply be a hodler.

[yhiaali3]

I have been trading for more than 5 years and I am still learning from my mistakes until now, there is no 100% successful strategy, you have to always change your strategies and adapt according to the circumstances and variables, so when the trader feels that he has mastered everything, then failure and loss will begin.

Why is there no motivational word at all in this sentence? Whereas for people who are willing to learn and gain good knowledge about trading, they should have a better chance and often gain profit in trading... so, when will someone start to be able to enjoy something fun like being a trader who always wins?

No matter how logical it is, trading still has a lucky side, someone who is lucky will of course get profit... even if he is careless, as long as he is lucky, he wins.

Yes, there is no motivational word in that because simply the trader must realize that he is dealing with a very volatile and risky market, so having motivational words may cause the trader to take things easy and this may cause him big losses, so it is safe to keep the possibility of loss in front of his eyes always.

But in the end, as you mentioned, luck sometimes plays a big role in trading, so it may happen that some lucky people win huge amounts of money without much experience.

[DavetJack]

I have been trading for more than 5 years and I am still learning from my mistakes until now, there is no 100% successful strategy, you have to always change your strategies and adapt according to the circumstances and variables, so when the trader feels that he has mastered everything, then failure and loss will begin.

Why is there no motivational word at all in this sentence? Whereas for people who are willing to learn and gain good knowledge about trading, they should have a better chance and often gain profit in trading... so, when will someone start to be able to enjoy something fun like being a trader who always wins?

No matter how logical it is, trading still has a lucky side, someone who is lucky will of course get profit... even if he is careless, as long as he is lucky, he wins.

Trading is not profitable by luck but by experience, because if you are trading without a grounded knowledge on trading, and you only depend on luck, you will run at big loss. Trading is not for you because you are only gambling. It's not compulsory to trade if you don't have ths patience to learn and resources. You can simply be a hodler.

Yes,this is not gambling that you can do here by luck. If we look a little, we can see that there are many brothers who come to this new market without knowing about the market and without understanding about trading, they come straight to training and later they face losses. I will tell those brothers that it is Joanna who will make a difference on your luck. If you know about trading and have an idea about the market, then you can be profitable from here. And you have to be very patient while doing this training. Because after investing in a currency, if you cannot hold it for a long time, then you will never be able to make a good profit from here and will be in danger of further losses. I think that before we come to trading, we should know everything about trading and crypto currency and then come to training.

[Rruchi man]

In my year of trading and learning we get to understand that the learning don't stop to every SL and account blown you take something away from it no matter how small it is you learn from your mistakes that's what makes you grow into a better trader.

For every trader interested in being successful learning never stops, and even after you have been successful learning still never stops because the market is dynamic and things are always changing so the better you keep perfecting your strategy to keep higher the chance of remaining successful in the market as a trader.

After mastery of the emotional side of trade, mastering risk management should be prioritised.

[enwi]

In my year of trading and learning we get to understand that the learning don't stop to every SL and account blown you take something away from it no matter how small it is you learn from your mistakes that's what makes you grow into a better trader.

For every trader interested in being successful learning never stops, and even after you have been successful learning still never stops because the market is dynamic and things are always changing so the better you keep perfecting your strategy to keep higher the chance of remaining successful in the market as a trader.

After mastery of the emotional side of trade, mastering risk management should be prioritised.

Learning in the trading world is therefore cumulative and continuous to anyone who wishes to advance more in the fields. Again, this market is dynamic and all has to change to ensure that they do not end up lagging behind in the market. Any strategy that one may implement works well in one condition but not in another condition hence refining this manner or way of carrying out is a process that has to be done over and over. However, the role of emotions in trading cannot be underestimated since many individuals end up making the wrong decision owing to some of the feelings they have. After that, risk management becomes something that has to be done appropriately because, were it not for risk management, the profits made can easily be easily wiped out in a short span of time.

[LUCKMCFLY]

For every trader interested in being successful learning never stops, and even after you have been successful learning still never stops because the market is dynamic and things are always changing so the better you keep perfecting your strategy to keep higher the chance of remaining successful in the market as a trader.

Well, I think that trading should be considered a Professional career , because you are always learning new things and this is something that is always evident, that is why every time we trade we are somehow aware of not making the same mistakes that previously made us lose.

This is not a guarantee, sometimes we make the same Mistake but in different circumstances, that is why every time we trade we must be careful, we must not spend our money in vain.

[KincaidT]

For every trader interested in being successful learning never stops, and even after you have been successful learning still never stops because the market is dynamic and things are always changing so the better you keep perfecting your strategy to keep higher the chance of remaining successful in the market as a trader.

Well, I think that trading should be considered a Professional career , because you are always learning new things and this is something that is always evident, that is why every time we trade we are somehow aware of not making the same mistakes that previously made us lose.

This is not a guarantee, sometimes we make the same Mistake but in different circumstances, that is why every time we trade we must be careful, we must not spend our money in vain.

Trading is a skill that requires constant learning making it more like a profession than just a hobby. Mistakes can happen even with experience but the key is to analyze them and adapt. A strong strategy, risk management and discipline are essential for long term success. While profits aren't guaranteed, treating trading professionally increases the chances of consistent growth.

[LUCKMCFLY]

Trading is a skill that requires constant learning making it more like a profession than just a hobby. Mistakes can happen even with experience but the key is to analyze them and adapt. A strong strategy, risk management and discipline are essential for long term success. While profits aren't guaranteed, treating trading professionally increases the chances of consistent growth.

I consider trading to be a profession, in fact there should be a profession of trading, where there is a deep Study of the market and so each theory, each method that exists can be seen as one of the best tools, Because if we look at it, the market teaches us something new every day and that is something that Cannot be Denied.

Everything that is done in trading is Possibly Innovative, that it works or that it does not work depending on what has been seen as fundamental or in a corresponding Eventuality.

[doc]

Trading is a skill that requires constant learning making it more like a profession than just a hobby. Mistakes can happen even with experience but the key is to analyze them and adapt. A strong strategy, risk management and discipline are essential for long term success. While profits aren't guaranteed, treating trading professionally increases the chances of consistent growth.

I consider trading to be a profession, in fact there should be a profession of trading, where there is a deep Study of the market and so each theory, each method that exists can be seen as one of the best tools, Because if we look at it, the market teaches us something new every day and that is something that Cannot be Denied.

Everything that is done in trading is Possibly Innovative, that it works or that it does not work depending on what has been seen as fundamental or in a corresponding Eventuality.

Success or failure in trading depends on each person's ability to make analysis and develop the right strategy.
Trading is a profession, so we have to do it professionally in order to achieve the profit we are targeting.
I agree with people who say that becoming an expert in trading takes a long time.

[Vx1]

Trading is a skill that requires constant learning making it more like a profession than just a hobby. Mistakes can happen even with experience but the key is to analyze them and adapt. A strong strategy, risk management and discipline are essential for long term success. While profits aren't guaranteed, treating trading professionally increases the chances of consistent growth.

I consider trading to be a profession, in fact there should be a profession of trading, where there is a deep Study of the market and so each theory, each method that exists can be seen as one of the best tools, Because if we look at it, the market teaches us something new every day and that is something that Cannot be Denied.

Everything that is done in trading is Possibly Innovative, that it works or that it does not work depending on what has been seen as fundamental or in a corresponding Eventuality.

Success or failure in trading depends on each person's ability to make analysis and develop the right strategy.
Trading is a profession, so we have to do it professionally in order to achieve the profit we are targeting.
I agree with people who say that becoming an expert in trading takes a long time.

I agree, cryptocurrency trading is not easy. And we can't learn instantly to become a professional trader, it takes a long time to learn and gain experience. And seriousness in learning will make us a professional trader, but it's not easy.

[MrSpasybo]

I agree, cryptocurrency trading is not easy. And we can't learn instantly to become a professional trader, it takes a long time to learn and gain experience. And seriousness in learning will make us a professional trader, but it's not easy.

Let's talk about the work of a pro trader: he wakes up in the morning, eats pastries and coffee before opening 6 screens to monitor the market and trade. He analyzes everything for 1 hour, then places about 10 orders and reads books or takes a walk. At the end of the day, he checks the results of the orders and closes the unfinished orders. He earns a lot of money from light work, he doesn't have to work hard and he has a lot of time for himself and his family.

That's what many people think about the trader profession, they also want to become successful like that. That ambition is not wrong, it's just bigger than their actual capacity. To become a pro trader, a person needs to study hard and practice seriously for many years, and also needs extremely effective capital and psychological management to avoid wrong decisions. I love the trader profession but have not yet achieved this goal ^^

[ZAINmalik75]

The shit part of this is that whenever someone do experience up some few loses then they would really making up some conclusions that trading is hard and not something that could be learn or something on which it will really be that impossible. Mistakes are indeed just part of the process because we are still on learning phase on which its normal that there will really be those times or conditions that you will be that discourage specially if you had been that experiencing some consecutive loses and will really be that having that discouragement and this is why you wont pursue out, but for those who are really that eager or wanting to learn trading then they are the ones who do really be able to sustain.

You mean those who consistently do trading despite making lose are the ones who will be making profit all the time while those who are no consistent will be knocked out of the market and newcomers will replace them because this will continue forever newcomers will join trading and only the consistent ones will be making money.

Consistent is not enough because we need proper strategy and analysis too without both we can't make profit even if we consistently making profit or lose.

[doc]

The shit part of this is that whenever someone do experience up some few loses then they would really making up some conclusions that trading is hard and not something that could be learn or something on which it will really be that impossible. Mistakes are indeed just part of the process because we are still on learning phase on which its normal that there will really be those times or conditions that you will be that discourage specially if you had been that experiencing some consecutive loses and will really be that having that discouragement and this is why you wont pursue out, but for those who are really that eager or wanting to learn trading then they are the ones who do really be able to sustain.

You mean those who consistently do trading despite making lose are the ones who will be making profit all the time while those who are no consistent will be knocked out of the market and newcomers will replace them because this will continue forever newcomers will join trading and only the consistent ones will be making money.

Consistent is not enough because we need proper strategy and analysis too without both we can't make profit even if we consistently making profit or lose.

consistent but not accompanied by proper risk and financial management will also make us lose. so you are right, in our consistency in trading we must have the right knowledge and analysis in order to make a profit.
so we can be consistent in making a profit.
Trading requires experience and knowledge that makes a trader have skills in trading. We must always be consistent in practicing.

[taufik123]

-snip-
so we can be consistent in making a profit.
Trading requires experience and knowledge that makes a trader have skills in trading. We must always be consistent in practicing.

And don't fall into the same trap or mistake after going through various challenges in trading.
Trading skills start from learning the basics first and it will continue to evolve over time with the trading practice that continues to be done.

I also do it and start small, do everything self-taught and certainly don't have to depend on others.
It just takes enthusiasm to keep moving forward and developing.