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Author Topic: After knowing indicate why some people don't still succeed in trading?  (Read 534 times)

Offline albon

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Actually, trading is not about accurately predicting the price at a specific time. When you become more experienced and smart about trading you will be able to grasp everything easily. However, the crypto market is a very volatile concept, so there are times when even experts fail to make accurate predictions. Only an experienced trader can understand how to consider risk and how to manage the performance of everything. Many experienced traders can fall into this trap even when they have no stop loss strategy or when using Martingale. So i think it is not possible to earn guaranteed profits by trading but if you have additional skills, then you can reduce the amount of losses.

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Online Mr. Magkaisa

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So far I have seen people who do analysis and they knows all the indicator, but yet they still finds it very difficult to succeed in trading, could it be that they don't have enough capital to start trading or what?
Most times we can know all the technical analysis and also fundamental analysis but yet still finding it very hard to succeed in trading and why is that they easily drained off their capital while trading.

My question is; what guarantees a successful trading, if people who knows technical analysis and fundamentals analysis could still lose money while trading.

          -      You know, even if we know all the indicators and strategies used in trading, it is still not proof that we can get or do it so that we can have passive income.
That's not the case, sometimes it really depends on the individual traders how they succeed in trading.

Though, all traders seek success in trading, right, even trading experts still experience losses because that's normal because this is how it is in the trading business industry, that's why there is Buy and Sell here.

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Offline Salahmu

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So far I have seen people who do analysis and they knows all the indicator, but yet they still finds it very difficult to succeed in trading, could it be that they don't have enough capital to start trading or what?

Low capital can also keep a trader from succeeding because if the person truly no what they are trading, hence large capital can helped them increase their return and that's also applicable in losing, however from the small I spent on trading those days before i became very scared of it , i no that greed is another thing that can worry someone not to be successful because there are times a trader needs to take whatever profits they have made out of that trade but unfortunately alot of them will be clouded by the hope of still hitting the great winning, another one is also fear of the unknown.
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Offline Asiska02

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So far I have seen people who do analysis and they knows all the indicator, but yet they still finds it very difficult to succeed in trading, could it be that they don't have enough capital to start trading or what?
Most times we can know all the technical analysis and also fundamental analysis but yet still finding it very hard to succeed in trading and why is that they easily drained off their capital while trading.

My question is; what guarantees a successful trading, if people who knows technical analysis and fundamentals analysis could still lose money while trading.

This is still the same thing that many people have been discussing about in this forum which is patience. Being patient in trading is a very vital skill that many people overlook while trading especially when they feel they know it all and know all the technical and fundamentals in trading.

Trading may be very hard to learn but it becomes harder to succeed through trading if you don’t practice enough patient as part of your core skills. When you have enough time to learn through the market and make your analysis go well, then waiting patiently to execute trades should become part of you.

Online BazinyAmg

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Trading in volatile markets can be challenging even with experience trader, sometimes letting emotions like fear or greed dictate trading choices lead to poor outcome and when you don't have a clear plan or strategy on how to go about it can lead to one making wrong decision by understanding common challenges and trying to find a better way, it can help improve in one's trading ability.

Offline Wiwo

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Actually, trading is not about accurately predicting the price at a specific time. When you become more experienced and smart about trading you will be able to grasp everything easily. However, the crypto market is a very volatile concept, so there are times when even experts fail to make accurate predictions. Only an experienced trader can understand how to consider risk and how to manage the performance of everything. Many experienced traders can fall into this trap even when they have no stop loss strategy or when using Martingale. So i think it is not possible to earn guaranteed profits by trading but if you have additional skills, then you can reduce the amount of losses.
This is what I always tell most forks, that despite that you have an accuracy of analysis, cryptocurrency market is still a highly volatile one that regardless of your level of analysis, the market can still go against you at any point in time, so we all have to acknowledge that fact and play along with the reality.

That is the reason we ought to trade with a very small amount of money, because from my experience, trading with high capital increases your risk level.
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Offline Zed0X

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When there's a 'guarantee' in the question, I will immediately think that the person asking is a newbie or someone that has never really tried trading at all. You see, there is a reason why trading is sometimes associated with gambling. You can minimize the risk of losing with those analysis but you never really know if the market will move in the direction that you anticipates.

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Online SmartGold01

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So far I have seen people who do analysis and they knows all the indicator, but yet they still finds it very difficult to succeed in trading, could it be that they don't have enough capital to start trading or what?
Most times we can know all the technical analysis and also fundamental analysis but yet still finding it very hard to succeed in trading and why is that they easily drained off their capital while trading.

My question is; what guarantees a successful trading, if people who knows technical analysis and fundamentals analysis could still lose money while trading.

This is still the same thing that many people have been discussing about in this forum which is patience. Being patient in trading is a very vital skill that many people overlook while trading especially when they feel they know it all and know all the technical and fundamentals in trading.

Trading may be very hard to learn but it becomes harder to succeed through trading if you don’t practice enough patient as part of your core skills. When you have enough time to learn through the market and make your analysis go well, then waiting patiently to execute trades should become part of you.
You know.. many people could have all it takes but yet they are still far from before successful while trading, yes everyone wants to become a trader and yet only few people are becoming successful with trading. To me it's above patient as the secret of trading aren't yet discovered if so why are only few people making it through trading while almost 89 percent of traders lose money while trading.

Offline bayu7adi

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There is a luck factor in every decision taken, including in the cryptocurrency sphere... we can indeed analyze from A to Z, even for you, that is the most perfect analysis... but until now we need to think about the luck factor as well which always influences the final result of the decisions we make... the luck factor will continue to be involved in trading activities and that is the final determinant...

If you still tolerate some defeats because maybe something can be fixed, then you will learn more from those defeats... then in the next decision, you will be even better at making decisions until your luck percentage increases... analytical skills and learning only increase the possibility of getting that luck, and unfortunately there is no 100% guarantee that luck will come for sure.

Offline Woodie

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One thing is for sure, we have people out there who are very good with analysis and all that but when time to trade comes, they develop cold feet and go against the plan/strategy....why because of emotions and fear!!! Trading isn't any different from chasing a girl, if you don't have the courage, forget it...it will be a nice guys finish last for you. In short am saying don't think with your pockets, trust the strategy and see the profit's fly in.
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Online Legion

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One thing is for sure, we have people out there who are very good with analysis and all that but when time to trade comes, they develop cold feet and go against the plan/strategy....why because of emotions and fear!!! Trading isn't any different from chasing a girl, if you don't have the courage, forget it...it will be a nice guys finish last for you. In short am saying don't think with your pockets, trust the strategy and see the profit's fly in.
Yes you are correct, note that numerous traders with phenomenal technical skills do not succeed as emotions take over. All traders are tested at one point or the other not in terms of how well they understand reading charts but rather how powerful they are in sticking to the line when the market deviates from it. To me, it is not about being afraid or not having the guts, more about the ability to live with uncertainty without ruining your own plan. I believe in profits in trading that are not earned from one or two big decisions, but from the hundreds of small decisions each performed calmly and consistently. If you have a strategy then your work is to believe in it and implement it, not to struggle it every time anxiety creeps in.

 

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