How much confidence do you have in yourself when trading?

[DavetJack]

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.?

[Charles-Tim]

Trading is very risky.

I have no confidence in trading because it is very risky and because most traders are losing. Unlike while holding bitcoin which guarantee profit if you do it in long term.

I lose more than I win in trading.

[milewilda]

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 something that i dont have that much, even lets say that i've been doing trading for years but it turns out that everytime that i do made or open up a position then there's always that hesitance because i do made out some intraday trading on which simply means that i do made some short term trades on which you would be that still needing up be careful in regarding about your entries and exits. There are those times or moments that you do still have that panic and stress whenever you do saw negative PnL into your trading account on which it do really give out that kind of tense or panic whenever it do happens. Somehow when you do have that experience then you could made out some adjustments but since we are just humans then its always there.

[rby]

We know that when we trading we have a lot of confidence that we will be able to profit here.

I am really not aware that there are people who have a lot of confidence that they will profit from their trades. If there are really people who have this kind of confidence, then I think they should reorient their minds to not only be confident in making profit but also accept even the bad days as part of trading. It is okay to be confident, but losses are bound to happen.

I am not 100% confident that I must make profits, even though that is what I fervently wish for. But then, I am still not a novice, as I try my best to get the necessary education/information to trade effectively. I try my best, but I don't have full control over the outcome.

[Fivestar4everMVP]

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.?

Anyone who after going through the rigorous process of acquiring trading knowledge and have also mastered it, but still afraid of trading the market at any given time, such person shouldnt be trading at all as trading isn't meant for everyone and he or she is one of those who shouldn't be trading.

As for me, I am always super confident in myself when ever it anytime I open my laptop to trade, even when I don't know what the outcome of that day's trading will be, I am still happy and confident, I am never afraid of approaching the market because I usually don't like being the type of people that die many times before their actual death.

[Vx1]

Trading is very risky.

I have no confidence in trading because it is very risky and because most traders are losing. Unlike while holding bitcoin which guarantee profit if you do it in long term.

I lose more than I win in trading.

We need to learn to be able to trade well, we must also understand the risks. If you are not sure, it is better to stop first, but in this cryptocurrency trading, the potential is very good to get additional income. I was also hesitant and afraid at first, losses have become a common thing. And finally now I can trade better.

[Charles-Tim]

We need to learn to be able to trade well, we must also understand the risks. If you are not sure, it is better to stop first, but in this cryptocurrency trading, the potential is very good to get additional income. I was also hesitant and afraid at first, losses have become a common thing. And finally now I can trade better.

It is nice to see that a trader posted that he is trading better now. Which means you are not part of the 85% of traders that are losing. You are part of the 15% that makes money from trading. That is good. But what I know is that trading is very risky and should be done with little amount of money that the person can afford to lose.

[Gposas]

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.?

The only reason a trader can be confident with his trades is when he has gained vast knowledge and experience.
He can be confident that his trades can either bring profits or turnaround to become a loss. Then he wouldn't panick like a newbie who takes trading to be gambling.

With my little knowledge on trading, I don't think I'm confident with my trades yet I just trade with faith.. lol

[DavetJack]

Trading is very risky.

I have no confidence in trading because it is very risky and because most traders are losing. Unlike while holding bitcoin which guarantee profit if you do it in long term.

I lose more than I win in trading.

Yes it is good that if we invest with Long term then we have more chances of profit. But if we do not have confidence in ourselves then profiting there is a lot of luxury. Because when we do any work if we do not have confidence that I will be successful in the work then we can never move forward with that work. Yes it is true that a professional investment often loses but they earn their money more by using their own strategies. So I think even though we will have a chance of losing but we have to have confidence that we can profit here and the consideration with our own strategy will be correct we will move forward with the investment with confidence.

[target]

Depend on the market. In this kind of market, I may not be able to win any trade anymore because its too unpredictable especially if I trade in the shorter time frame like 1hour or 4hour chart.

Although there seem to be an uptrend, the trend isn't straight going up. In an hour the market may hit 85k the next hour it dumps to 83k and then back again to 85k in few minutes. Its not normal.

[Mr. Magkaisa]

         -     As long as you know what you are doing in trading and you really understand and have tried yourself to get a profit here every week, not every day but you do not lose profit within a week that means you are confident in what you are doing and using the strategy in the actual trade here in the crypto space.

But it is also not right that you have confidence but you do not have knowledge or your knowledge is not enough in trading, your confidence in trading is still worthless. Sometimes this is the wrong mindset of others, when you make a mistake they will say that it is okay, just trust, we should trust in our own actions if we are changing the wrong way we did before.

[electronicash]

i want to make sure i win when i trade though so if the market is down, buying is the best option for me and wait til the price goes up. if the market acts this way, i would be more confident in trading but its not doing this way for now.

         -     As long as you know what you are doing in trading and you really understand and have tried yourself to get a profit here every week, not every day but you do not lose profit within a week that means you are confident in what you are doing and using the strategy in the actual trade here in the crypto space.

But it is also not right that you have confidence but you do not have knowledge or your knowledge is not enough in trading, your confidence in trading is still worthless. Sometimes this is the wrong mindset of others, when you make a mistake they will say that it is okay, just trust, we should trust in our own actions if we are changing the wrong way we did before.

when you find yourself trading while no idea why you buy,  you might as well exit the position. been in this situation and then didn't end up well.

[hugeblack]

Trust doesn't mean profit. It's the adoption of strategies and risk assessment that yields profit.
If you fear loss, make your investment low-risk or buy Bitcoin.

[Findingnemo]

Confidence is the key but I don't think it directly related to the profits here, we will make what we are supposed to. But I agree that being confident with our strategies can make ourselves to take bold decisions that may end up in a good profits but also it can end up in a loss, we need to accept whatever the outcome is and just move on to next one.

[JISAN]

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.