People Who Can't Trade

[George10 9932]

11 minutes ago, CrazyIvan said:

I think one of the great things in crypto is, that even with a small amount of money, someone can start learn how to trade. If someone is serious about becoming a trader, he/she should always start with a small capital. If you don't make money with a small capital, you also won't make money with a big capital

Yes in crypto currency one can start trading with a little amount but one needs to have some knowledge of how to maximize his or her capital and in Forex trading I see the story to be different because it can be a risk to start trading with a small capital though there are many brokers that allows traders to get started with as little as $5 dollars and truthfully speaking that's a trap and don't try to start trading with that little because it can easily get blown out by margin call and most of the times traders with less equity are the ones losing much or gets their accounts blown out.

[SuperCrypto 7193]

39 minutes ago, Kareemramzy83 said:

These are not rules for trading. If you want to trade, you just have to learn and learn in order to become a professional. This field needs a lot of experience and a lot of follow-up. 

Being able to talk about ratios, charts, indicators and trading should be considered a skill that every trader needs to be successful when they begin to learn about cryptocurrency trading. At first, it may be tempting to rush your learning, but it is important that you step back for a break, take the time you need, and progress at a reasonable rate.

[Onden 2098]

The fact that anyone can trade, there are exceptions and it is advisable that such people do not trade, among them people who have high emotions, people who have high emotional nature are not suitable for trading because trading cannot make a profit if there is still emotion.

[Dangasa 168]

Do you know why 95 percent of traders lose their balances. Because they trading with reak money without practise in demo. Also they want to earn money very fast and it is their big mistake. So firstly create your trading plan. It is key of trading

[lyudkic3008 30]

I agree that not all people can trade on cryptocurrency exchanges.  But if you want to do this, then you first need to be trained.  And then it all depends on whether you will be able to stop in time.

[roden115 67]

On 8/16/2020 at 3:49 PM, JohanDonne said:

Hello friends, 

In this post I will add few exceptions that can't trade and they shouldn't even try trading before fighting these things.

01. Emotional People:-

these people who are much emotionally active, like who can't handle anger, loss and can't be patient enough should not come into trading.

02. Broke:-

 The people or person who doesn't have enough money should never come in to this field, you shouldn't invest by selling your personal things like house, bike or so on.

03. Unskilled:-

If you don't have skill to trade, the trading is not for you, don't even try to risk your money without the skill.

04:- Lazzy:- 

If you are lazy you will miss a lot of opportunities so the trading is not for lazy people.

05:- Students:- 

I know it seems irrational to ask students to stay away from trading, but it is like gambling, once you tase the win, yiu will always be here in trading and your studies will be ruined.

If you guys know more people who should never join trading, please let me know in comments section.

maybe I'll add, greedy
if you are greedy it seems that this  is also not suitable, because greedy people will not be satisfied with the profit that has been obtained and the risk can be very dangerous, and they are usually difficult to manage MM

[mot101 4]

I agree with you. After all, for example, emotional people will not be able to hold on and not sell the coin in the event of a minor price correction. Students, on the contrary, can get into too risky coins

[drmustafaunal 10]

unpatient people absolutely should not trade. if your money is important for you, you must stay away..

[Earbuzz 87]

Stupid and greedy people should not trade either. They do not think and lose the opportunity to sell at a good price.

[Chysom20 30]

I agree with you in all except students. cryptocurrency trading is for everyone. Student traders should give certain amount of time so that it won't affect their studies. 

[cooliez2 81]

28 minutes ago, Ali Afzal said:

Those people can't do forex trading who are tottally unaware from its function, features and tools. On the other hand the very small investors who have less patience, very less control on his emotions and is unable to manage his greed and fear in different situtations, such persons may any how able to perform trade but will never be able to make single profit. 

That reads like you're describing me. i would love to learn it, but i think that you have to invest a lot of time to be successful. I hope one day I can find time to learn.

[alanthepub 13]

Good contributions mate, I think you are partly right. Because in certain situations one can study and in free time could trade a little, I know cases and they take it as a hobby.

[Ammyvirk01 31]

if they are lazy even in trading where you have to just buy or sell with your pc or mobile phone its very difficult for them to success. Because trading is just sitting at your home at work or anywhere and just tap you mobile or pc!!! Now if you are lazy doing that, will you able to do hard works ?

•  

[lonewolf 47]

so true 

, as volatile as the crypto market is, crypto trading is no child's play,  you need a lot of trading practice and self discipline to be successful in the crypto world

[dr4ch3 18]

They can trade, but they wont be successfull. 

To be successfull, a trader also need to be discipline, so undiscipline people also not fit to be a trader.

[negociosactuales 58]

On 8/16/2020 at 4:49 AM, JohanDonne said:

Hello friends, 

In this post I will add few exceptions that can't trade and they shouldn't even try trading before fighting these things.

01. Emotional People:-

these people who are much emotionally active, like who can't handle anger, loss and can't be patient enough should not come into trading.

02. Broke:-

 The people or person who doesn't have enough money should never come in to this field, you shouldn't invest by selling your personal things like house, bike or so on.

03. Unskilled:-

If you don't have skill to trade, the trading is not for you, don't even try to risk your money without the skill.

04:- Lazzy:- 

If you are lazy you will miss a lot of opportunities so the trading is not for lazy people.

05:- Students:- 

I know it seems irrational to ask students to stay away from trading, but it is like gambling, once you tase the win, yiu will always be here in trading and your studies will be ruined.

If you guys know more people who should never join trading, please let me know in comments section.

Hello, very good information and very useful. There are users who think that trading is very easy, register and trade if it is but not earn money, it is good to study the basic concepts so as not to lose capital.

[minoooo5 76]

you are right I agree with you At most points In addition, there are some people who panic During trading and making wrong decisions But I disagree with you about the students Trading might be a little of distraction but it depends on how well you manage your time, it won't ruin your studies if you have some great self discipline.

[Ayelet 81]

Dear friend, you are absolutely right. Emotions ruin everything and unfortunately in trading we must operate as if we were a robot.

We must invest money that we are willing to lose and have the basic technical and fundamental knowledge to operate. All of that is key.

[mildred27 317]

The people who shouldn't trade are the ones who don't have the slightest idea of what you're doing and number two, you can't trade if you can't take the losses, aren't you willing to lose? Trading is not for you.

[trungnguyen 49]

I think trading should only be for those who are financially autonomous and have to invest within their limits.

[nada55 55]

I thank you for raising this issue. Very important and correct talk from people also whom I do not advise them to trade also. People who could not be patient in the field of trading, I want much patience until the deal is completed and you win money. If you are an impatient person, I do not advise you in the field of trading.

[duncun007 3577]

On 8/16/2020 at 11:49 AM, JohanDonne said:

 

02. Broke:-

 The people or person who doesn't have enough money should never come in to this field, you shouldn't invest by selling your personal things like house, bike or so on.

03. Unskilled:-

If you don't have skill to trade, the trading is not for you, don't even try to risk your money without the skill.

 

especially these two, a lot of people who dont have any money come to crypto and they assume they will get money for free, and even when they do get some money from airdrops they dont have the skills to actually make their money grow.

[Cryptonix 135]

To maintain a trading mindset, you need to become disciplined. A trader's diary will help you maintain discipline — record every trade.

In addition to being organized, the magazine allows you to improve your trading performance.

[rekter 8129]

1 hour ago, JohanDonne said:

By adding broke I specifically meant if you don't have anything to support your family and eat at home and you are willing to start trading, you need to fullfil the other requirements first.

Ah, right. I agree, family should come always first. It's too unreliable way to secure income, when even if you gained a lot, you still would have to trade more to get more. And at some point there's a danger that all those profits are gone when there's a bear market, etc

[Rosarvx 965]

some people scare to make an order because they always say if the price down they are will lose, just started with a small sum and raised it a lot