How much confidence do you have in yourself when trading?

[doc]

We know that when we trading we have a lot of confidence that we will be able to profit here. However, there are many who cannot trust themselves or have no assurance that they will be able to profit here during trading. And even using their own strategies or the knowledge they have gained about the trading market does not remove their fear. Do you think that you have complete confidence in yourself when trading that you will be able to profit here.?

Confidence depends on your analytical skills, how well you can analyze and how long you have experience. Confidence in trading is present in everyone, both those who can analyze well and those who are new, but this is a false confidence. I also have a lot of confidence in myself when I trade. But I can't make very good profits from it. And that's why I don't trust this confidence. And I trade very little. Holding is my first priority.

analytical skills are indeed needed in trading, because we must have confidence in the analysis that we make and then develop a strategy to get maximum results. good analytical skills can bring profit, so as basic knowledge a trader must master fundamental and technical analysis.
However, if you do not have knowledge about it, you should not trade.

[alltalk]

analytical skills are indeed needed in trading, because we must have confidence in the analysis that we make and then develop a strategy to get maximum results. good analytical skills can bring profit, so as basic knowledge a trader must master fundamental and technical analysis.

Yep. Traders must understand both technical and fundamental analysis. It is the basic skills that traders must have, it is the way to determine everything in trading. Traders know the time for entry and exit based on the analysis. Good analysis is needed because it will determine the success in trading. That's why it is important to learn first before we start trading. It is because analysis and knowledge have the biggest role in trading.

However, if you do not have knowledge about it, you should not trade.

True, people who have no proper knowledge, they are better to focus on learning first. They don't trade immediately because it only waste money. Without proper knowledge, people are unable to determine the right strategy. They will also have no idea for the right time of entry and exit.

[Bobcrypto]

We know that when we trading we have a lot of confidence that we will be able to profit here. However, there are many who cannot trust themselves or have no assurance that they will be able to profit here during trading. And even using their own strategies or the knowledge they have gained about the trading market does not remove their fear. Do you think that you have complete confidence in yourself when trading that you will be able to profit here.?

"Anything that is worth doing is worth doing well", those that are not confidence on trading are basically the inexperienced traders or newbies. Experienced traders are always confidence doing what they know how to do, and it is not a big deal for experienced traders navigating the market with their experiences that will subsequently bring forth huge profit overtimes.
For me, i trade with confidence, though not an expert, but with the level of my experience, i have been doing well, making good profit with less losses.

[Crypto Library]

We know that when we trading we have a lot of confidence that we will be able to profit here. However, there are many who cannot trust themselves or have no assurance that they will be able to profit here during trading. And even using their own strategies or the knowledge they have gained about the trading market does not remove their fear. Do you think that you have complete confidence in yourself when trading that you will be able to profit here.?

To be honest, when I go to trade, I don't have any confidence in myself because every time I would trade thinking that the price would increase, the price of the coin would decrease, and when I thought that the price of the coin would decrease, the price would increase.
And the main reason for this is that my trading analysis knowledge is very limited. So currently, I have abandoned to doing short-term trading and only leaned towards long-term investing.

[jeraldskie11]

We know that when we trading we have a lot of confidence that we will be able to profit here. However, there are many who cannot trust themselves or have no assurance that they will be able to profit here during trading. And even using their own strategies or the knowledge they have gained about the trading market does not remove their fear. Do you think that you have complete confidence in yourself when trading that you will be able to profit here.?

To be honest, when I go to trade, I don't have any confidence in myself because every time I would trade thinking that the price would increase, the price of the coin would decrease, and when I thought that the price of the coin would decrease, the price would increase.
And the main reason for this is that my trading analysis knowledge is very limited. So currently, I have abandoned to doing short-term trading and only leaned towards long-term investing.

One of the reason why a trader no confidence in trading is because they trade even though they are not exactly sure in their analysis. If a person has a limited trading knowledge he must stick to the strategy they're really mastered. Once you mastered even one strategy you can still make profit in trading, because the reality that there's no 100% win rate in trading so you only decreasing the probability when you are not sure in your trades.

[$crypto$]

We know that when we trading we have a lot of confidence that we will be able to profit here. However, there are many who cannot trust themselves or have no assurance that they will be able to profit here during trading. And even using their own strategies or the knowledge they have gained about the trading market does not remove their fear. Do you think that you have complete confidence in yourself when trading that you will be able to profit here.?

To be honest, when I go to trade, I don't have any confidence in myself because every time I would trade thinking that the price would increase, the price of the coin would decrease, and when I thought that the price of the coin would decrease, the price would increase.
And the main reason for this is that my trading analysis knowledge is very limited. So currently, I have abandoned to doing short-term trading and only leaned towards long-term investing.

I believe in my abilities, it does not mean that what I analyze will continue to happen, but at least we must have confidence in ourselves.

However, we should not be excessive, we must have limits so that everything runs well. Because if we are overly confident, then that is not self-confidence in my opinion, it is more about us being emotional because there is something we want to get.

[Asiska02]

We know that when we trading we have a lot of confidence that we will be able to profit here. However, there are many who cannot trust themselves or have no assurance that they will be able to profit here during trading. And even using their own strategies or the knowledge they have gained about the trading market does not remove their fear. Do you think that you have complete confidence in yourself when trading that you will be able to profit here.?

Confidence is not something that is built immediately you venture into trading. You’ll have to grow it and become better overtime. Trading is learned and overtime it becomes just like a person seeking for knowledge continuously, just as you can never know it all in the book of life and continue to adjust to your mistakes, so you have to continue learning in trading and improve overtime. Confidence will come when the time comes, it’s not forced and when you get it right, you’ll see yourself becoming so confidence and hold more trades till take profit instead of fear pushing you to close your trades when you’ve not reached your target.

[Rruchi man]

...

You'll be more confident in the results you can deliver in trading when you've had successful results in the past, especially when the results are consecutive. You will doubt your ability a bit if you've lost more than you've won in trading or if you're coming from a losing streak. Confidence in trading is not always the same; this is why traders always have to stay motivated and informed, because the information you have about the market is what adds up to your confidence level.

[sampoerna]

Confidence comes from how we prepare ourselves to do it. in this case, crypto trading, where this trading is very high risk. if not, it will be easier to lose money than to get it. Therefore, if we already have good knowledge, good analysis methods, discipline, and also a strong mentality, then we can carry out the trading process, learning by doing. with adequate risk management. it can certainly be as optimal and confident as that.

However, of course, it is not easy, because we will not always get the expectations that match our desires. there must be various difficult and unpleasant processes. so that it will make us stressed or desperate. and regarding this trading for me, I am actually not very good at analysis, so that does not make me good at trading.

[Wiwo]

We know that when we trading we have a lot of confidence that we will be able to profit here. However, there are many who cannot trust themselves or have no assurance that they will be able to profit here during trading. And even using their own strategies or the knowledge they have gained about the trading market does not remove their fear. Do you think that you have complete confidence in yourself when trading that you will be able to profit here.?

Based on my trading experience and knowledge, I have come to a point that confidence alone can't make you a successful trader and also that trading goes beyond just taking risks, attaining such a level that you make steady profits in trading demands a lot of skills and expertise since trading have similar characteristics with gambling which are that making success outcome in both depends on luck sometimes.

[Adbitco]

We know that when we trading we have a lot of confidence that we will be able to profit here. However, there are many who cannot trust themselves or have no assurance that they will be able to profit here during trading. And even using their own strategies or the knowledge they have gained about the trading market does not remove their fear. Do you think that you have complete confidence in yourself when trading that you will be able to profit here.?

Based on my trading experience and knowledge, I have come to a point that confidence alone can't make you a successful trader and also that trading goes beyond just taking risks, attaining such a level that you make steady profits in trading demands a lot of skills and expertise since trading have similar characteristics with gambling which are that making success outcome in both depends on luck sometimes.

You know trading is above having confidence while trading but as you made mention we should be that reliance on our confidence but also look out for the possibilities of acquiring more winning while trading, this involved going for information and guideline to lead us to a successful trading experience. Most time a simple strategy could help us to achieve the profit that people usually be longing for.

[Azharul]

Actually, best trading will depend on our trading knowledge. So i believe that our trading confidence also depend on our trading capacity and trading knowledge. When we want to Start to trade in cryptocurrency market, we know carefully observe cryptocurrency market and must do trading analysis. Because when we want to start trading analysis then we can earn easily from trading system. So if we follow in this system clearly, i confidently say that, it must be helpful source for us.

[LUCKMCFLY]

Personally, when I trade, my confidence is 100% because I trust and do not doubt my movements and my analysis In case I lose, which happens , I still take Advantage to learn, that is the question of this, however, when we are People who do not trust our plan, Insecurities begin to change the plan and not comply with our own rules , that is what you should never do , because it will turn into total financial chaos.

[enwi]

Personally, when I trade, my confidence is 100% because I trust and do not doubt my movements and my analysis In case I lose, which happens , I still take Advantage to learn, that is the question of this, however, when we are People who do not trust our plan, Insecurities begin to change the plan and not comply with our own rules , that is what you should never do , because it will turn into total financial chaos.

From my perspective, confidence is important in trading and should be combined with healthy portion of flexibility which allows to change strategies and adapt to the new information. If one is very certain and decides to discard new signals from the market, it can leave an area that should remain open for evaluation. Scepticism is not something that has to be eradicated, but an indication that there is something we are not taking into account. That is where you really have control if you can sustain optimism while preserving flexibility to change the approach for better. Therefore the problem is not in confidence as such but in the way that the balance is so maintained as to prevent the resultant stubbornness that is so harmful.

[Crypto Library]

I believe in my abilities, it does not mean that what I analyze will continue to happen, but at least we must have confidence in ourselves.

However, we should not be excessive, we must have limits so that everything runs well. Because if we are overly confident, then that is not self-confidence in my opinion, it is more about us being emotional because there is something we want to get.

Yes I was going to saying the same things here. We have to also remind that confidence is good for us but over confidence is more dangerous even if we don't have any confidence in our self while we are doing trading.
It is true that given the confident people's also face losses may be some time they were in our confident? My saying was here is when you don't have any skill how to you get the confidence and even if you get any confidence on yourself while you are not know much about trading analysis then you are must over confident.