Ignorance in trading - Page 5 - Trading - CryptoTalk.Org Jump to content
Keith700

Ignorance in trading

Recommended Posts

On 3/6/2020 at 8:42 PM, Naca2 said:

I agree with you, I think in trading we need calm thinking and intelligence in any conversation, so that our trade can be successful.

Differentiate intelligence with knowledgeable mnd, you might be intelligent but you have nothing stored in your mind concerning trading.

Share this post


Link to post
Share on other sites

Prejudice in a small business is usually risky to our advance, and it also will probably result in different problems or maybe burning likewise. And so you must be tranquil in addition to obtain the right ordeals with dealing process. Trust you comprehend the position.

Share this post


Link to post
Share on other sites

In order to trade successfully you cannot work with an empty head, you need a lot of knowledge and experience. Without knowledge, knowing means you have failed in half. Learn and be patient with trading

Share this post


Link to post
Share on other sites
On 1/14/2020 at 2:24 AM, gordoncrypto said:

Exactly- agreed. Everyone needs at least some knowledge for trading, because it does involve real funds, and it's best to learn while making something. So many leave crypto because they believed in making 10000X, they lose what is comfortable right away and decide the whole thing is a scam.

Don't crash into almost every help that has clicked on us. However as time goes by, we each modify. It takes a lot of money because it is impatient when it is the right time to trade or buy a lot of money.

Share this post


Link to post
Share on other sites

I have some idea and differences of your opinions that the persons who have knowledge of crypto market trading they don't want to speak you they are not ready to thought to others and the person who have nothing who are trying to teach peoples but i think both are acting like a fish. 

Share this post


Link to post
Share on other sites
On 10/29/2019 at 10:55 PM, bentayebsalah said:

Yes it is like fishing and it has to be a lot impatient
In order to get benefit in the end
Do not rush or be greedy to be always safe

Avoid being greed because it can leads to future problem. 

Too much greediness may cause for a person to fail. 

Just balance it. 


Free satoshis and bnb every 20 minutes here: https://betfury.io/?r=5fadf2e24229531209b94c8c

Share this post


Link to post
Share on other sites
5 hours ago, Mishadima said:

Ignorance is really killing some people in trading and I agree with your opinion on this aspect, to be successful in trading you have to be careful, patient for the market and lastly good background matters allot.

A lot of studying also matter a lot when comes to trading, actually it is a key to successful trading, all that patient, background and all does not matter without this.

Share this post


Link to post
Share on other sites
On 4/15/2020 at 1:11 PM, halloweed said:

But it goes both ways one can not work without the other, no matter how skilled you are you will get massive losses without patients.

yes it goes both ways i have no argument about that, but studying is mandatory, very important, you must know that.

Share this post


Link to post
Share on other sites
On 12/31/2019 at 5:45 PM, Sohel Rana Sazzad said:

You need to know a lot of rules for trading and if you are ignorant of these rules then you can never be a good trader and make money by trading.

At the same time, you should take some time to do research on different aspects of the market, such as candles and how the market works. Focus on achieving your goals, while random traders trading without the ultimate plan will fail, thank you.

Share this post


Link to post
Share on other sites
On 10/22/2019 at 9:17 AM, Keith700 said:

Normally in Trading those who know do not speak, and those who speak do not know. This is extremely useful because it shows you all the things you need to avoid before reaching success. Any layman who looks at a graph concludes that trading has to be considerably easy, and that is part of the attraction. At the end of the day, anyone can look at a graph and clearly see entry and exit points. However, it is much harder to do it in real time. There is a tendency to want to buy at the lowest and never leave the trade even if it drops further. If that happens, a rookie will continue the trade with the hope that it will rise again, it is just an example of how the lack of education and discipline plunges most market operators.

My friend, I think that the matter is not only the analysis of the chart, it also depends on the skills that the individual has and which qualify him to carry out trading and that he can remain in the market.

Share this post


Link to post
Share on other sites
On 11/16/2019 at 7:55 PM, Te5226 said:

A useful thresd. Basically, we have a lot of things to learn still. And people who do trading, Most of them are not expert. So that's why people are so unsuccessful in trading.          

market trends, leveraged trading, scaling, price spreads and even then you have to be careful and start small. You may not know anything and still benefit from the non-positive market which is ideal. You must be calm to trade and profit

Share this post


Link to post
Share on other sites

This is completely true, so the most important conditions for success in trading is patience and knowledge of making the right decisions, and this results from experience and expertise.

  • +1 1

Share this post


Link to post
Share on other sites
On 4/19/2020 at 10:39 AM, GanDuba said:

This is even more dangerous than trading itself, ignorance can make someone to win and good and have many confidence but later lose and lose all investment money 

Ignorance makes people depend on lucky, so you must have a gift of lucky to even win in trading, if you depend on it. that is a worse way to trade.

Share this post


Link to post
Share on other sites
15 hours ago, DavCrypto said:

This is completely true, so the most important conditions for success in trading is patience and knowledge of making the right decisions, and this results from experience and expertise.

He is right what he said if orance was the greatest enemy to human when there is no knowledge we can't know what is right and what is wrong to do we misplaced our think by choosing the wrong thing to be the  right thing to do. So knowledge was the main fact and lack of knowledge is ignorance.

Share this post


Link to post
Share on other sites
On 1/4/2020 at 9:08 PM, Andrewg420 said:

I've only recently started reading about trading and from what I have gathered I think it is in fact all about experience and patience, from on article I read it stated that losing is an essential part of trading and we must not let our emotions drive us when that happens but instead we must learn from it and continue on with the new knowledge we've gained from our experience.

When doing a bounty hunt, you should take the time to research the various aspects of the market. Successful traders don't make noise but only work and focus on achieving their goals. Focus on implementing your plan and achieving your goals, this is my opinion.

  • +1 1

Share this post


Link to post
Share on other sites

Trading is always risky but it also happens that sometimes it is better to sell a coin when the price falls so that further losses are not greater. Situations are different.

  • +1 1

Share this post


Link to post
Share on other sites
On 4/15/2020 at 8:31 AM, jamesvince said:

I have some idea and differences of your opinions that the persons who have knowledge of crypto market trading they don't want to speak you they are not ready to thought to others and the person who have nothing who are trying to teach peoples but i think both are acting like a fish. 

Ignorance can happen in all phases of trading. Sometimes a person is ignorant during purchase which means he refuses to compare the available coins and fails to choose the best one based on price and volume data. It is also possible for some people to be ignorant during selling phase. They may have bought a strong coin but they ignore the rules of selling and choose the worst time for their transactions. Complete awareness and pure focus are more important than the coins you buy. If you think you can't focus on your trades, you have to try passive incomes because trading needs lots of attention.

Share this post


Link to post
Share on other sites

The problem is because many people takes trading as an easy thing that they can deposit some amount and double it in seconds and thats why many of them are failing. We must learn how to control our selves and have discipline in trading if we real need profit.

  • +3 1

Time is the ultimate weapon!

Share this post


Link to post
Share on other sites
On 10/22/2019 at 7:17 PM, Keith700 said:

Any layman who looks at a graph concludes that trading has to be considerably easy, and that is part of the attraction. At the end of the day, anyone can look at a graph and clearly see entry and exit points. However, it is much harder to do it in real time. 

This is the main point, and this the the biggest mistake most of the layman's does. Trading always looks easier if you saw it from outside but when you actually do it then you knows how difficult it is. It requires proper knowledge and skills.

Share this post


Link to post
Share on other sites
On 10/22/2019 at 9:17 PM, Keith700 said:

Normally in Trading those who know do not speak, and those who speak do not know. This is extremely useful because it shows you all the things you need to avoid before reaching success. Any layman who looks at a graph concludes that trading has to be considerably easy, and that is part of the attraction. At the end of the day, anyone can look at a graph and clearly see entry and exit points. However, it is much harder to do it in real time. There is a tendency to want to buy at the lowest and never leave the trade even if it drops further. If that happens, a rookie will continue the trade with the hope that it will rise again, it is just an example of how the lack of education and discipline plunges most market operators.

I agree with you, indeed in our trade because beginners are sometimes trapped by panic trading charts and ultimately sell in a hurry, lack of knowledge, education and discipline make trading unprofitable, so that is easy to say but in practice it is very difficult. For that we must continue to learn to be disciplined traders.

  • Useful or interesting 1

Share this post


Link to post
Share on other sites
On 10/29/2019 at 7:03 PM, Casinoval said:

Ignorance in trading will always lead you to loses on your investment, the crypto market  can be bad for those with out knowledge, so many newbie as lost their investment thinking things were easy.

That is absolutely right Ignorance will always be the reason of losing money, that is why to be good trader you need to have good knowledge more than money. l think experience and knowledge play an important role while trading.

  • +1 1

Share this post


Link to post
Share on other sites

 This is true talk that ignorance in trading leads its owner in the end to a loss. Therefore, for the success of the trading process, it requires us to learn and endeavor to gain experience in this field and learn from our previous mistakes and not to fall into it again and benefit from the experience of the old members.

Share this post


Link to post
Share on other sites
On 10/22/2019 at 5:17 PM, Keith700 said:

there is a tendency to want to buy at the lowest and never leave the trade even if it drops further.

I don't get how this is wrong. If you day trade of course you should probably have a stop loss. I'm investing and I'm buying accordingly. I won't buy the top but will buy a decent dip. If it drops further it is either you sell at your stop loss or not at all. It will be a mistake to sell after the dip .

Share this post


Link to post
Share on other sites

I have not lot of experience in trading but I know ignorance in trading gives loss,because when we opens trade and the trade goes against our expections then leave the trade its not good, in this condition we need patience because in trading patience play major role, we want became good trader learn trading and do trading with discipline, do trading with brave heart then we success in trading.


 

   

Share this post


Link to post
Share on other sites
On 4/25/2020 at 8:16 PM, Calvinpriva said:

The problem is because many people takes trading as an easy thing that they can deposit some amount and double it in seconds and thats why many of them are failing. We must learn how to control our selves and have discipline in trading if we real need profit.

@Calvinpriva At the beginning phase in the Crypto world, ignorance while performing cryptocurrency tradings was also relatable to my case too . Later, I built the skills in me to take the risks(for a day trading only) as well as the patience. If I do not see the good price for selling, most of the time, I do not take the more risks. 

  • +2 1

 

 

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Recently Browsing   0 members

    No registered users viewing this page.

  • Topics

  • Сообщения

    • Toncoin залистится на бирже HashKey.         Биржа HashKey объявила о листинге Toncoin (TON).Подробнее Депозиты и выводы: уже открыты; Открытие торгов: 9 мая 16:00 (UTС+8);Торговая пара: TON/USD.   Депозиты и выводы TON доступны через сеть TON , зарегистрируйтесь и внесите депозит в TON прямо сейчас! Правила размещения ордеров на листинг новых пар см. в разделе « Торговые пары и параметры HashKey Exchange ». Несомненно, хорошая новость для TON.
    • Глобальный отток капитала в размере 251 миллиона долларов, похоже, затмил приток в ETF Гонконга в размере 307 миллионов долларов. Инвестиционные продукты в цифровые активы испытывают отток четвертую неделю подряд на сумму 251 миллион долларов. На прошлой неделе произошел первый «серьезный отток» из недавно выпущенных ETF в США, составивший на прошлой неделе 156 миллионов долларов. Согласно последнему выпуску Еженедельного отчета о потоках фондов цифровых активов, средняя цена покупки этих ETF с момента их запуска оценивается в 62 200 долларов США за биткойн. Поскольку цена упала на 10% ниже этого уровня, сингапурский управляющий активами предположил, что это могло спровоцировать автоматические продажи. Биткоин оставался в центре внимания, общий вывод средств составил 284 миллиона долларов. Неудивительно, что Биткойн был единственным цифровым активом, из которого наблюдался отток. Тем временем Ethereum прервал семинедельный период оттока, привлекая на прошлой неделе приход средств в размере 30 миллионов долларов. Различные альткойны также последовали этому примеру. Примечательно, что инвестиционные продукты, предназначенные для обеспечения доступа к Avalanche, Cardano и Polkadot, получили 0,5 миллиона долларов, 0,4 миллиона долларов и 0,3 миллиона долларов соответственно. Solana и Litecoin также показали приток $0,3 млн и $0,1 млн соответственно за тот же период. На региональном уровне отток был в основном сосредоточен в Соединенных Штатах, где зафиксировано вывод 504 миллионов долларов США. В Швеции также произошел отток капитала на сумму 30,3 миллиона долларов. Эти медвежьи настроения наблюдались и в других странах, таких как Канада, Швейцария и Германия, из которых еженедельный отток средств составлял 9,6 миллиона долларов, 9,8 миллиона долларов и 7,3 миллиона долларов соответственно. В отличие от этой тенденции, приток в Бразилию составил 3,7 миллиона долларов. Кроме того, позитивным моментом на прошлой неделе стал успешный запуск спотовых ETF на Биткойн и Эфириум в Гонконге, который привлек почти 307 миллионов долларов за первую неделю торгов.
    • Гендиректор Binance Ричард Тенг потребовал освободить исполнительного директора биржи Тиграна Гамбаряна из-под стражи в Нигерии, где он находится уже более 70 дней.В сообщении в блоге Binance Тенг написал, что задержание Гамбаряна «создало новый опасный прецедент для всех компаний по всему миру». Он также в очередной раз заявил, что сотрудник биржи «невиновен и должен быть освобождён».Глава отдела биржи по борьбе с финансовыми преступлениями Гамбарян был задержан в феврале 2024 года в Нигерии вместе со своим коллегой региональным менеджером Binance по Африке Надимом Анджарваллой. Они отправилась в страну, чтобы ответить на вопросы властей, которые проводили расследование в отношении биржи.Оба руководителя Binance первоначально содержались под стражей без предъявления обвинений на основании постановления суда, что Тенг охарактеризовал как «незаконное задержание». Впоследствии Федеральная налоговая служба Нигерии обвинила сотрудников и саму биржу в уклонении от уплаты налогов. Тогда же Гамбарян был переведён в тюрьму, находящуюся в ведении антикоррупционного агентства страны. Второму участнику процесса удалось сбежать в Кению. Сейчас власти Нигерии добиваются его экстрадиции.Тенг опроверг все обвинения против биржи и своих сотрудников и заявил, что Binance по требованию властей Нигерии уже исключила местную валюту найра из торговых пар и отключила р2р-сервис для нигерийских пользователей. По его словам, компания продолжит сотрудничать с правительством африканской страны, чтобы её сотрудники как можно быстрее оказались в «безопасности дома со своими семьями».
    • Приветствуем! Установили для Вас низкую комиссию на обмен Сбербанк RUB на Наличные THB. Ждем Вас на нашем сервисе обмена валют EX.ATM24.PRO.   Чат с оператором: EX.ATM24.PROТелеграм: https://t.me/atm24pro
    • 08.05.2024 Тарифы Kingex 👑   Покупка криптовалюты / Buying cryptocurrency:   BTC/ETH  +1.8% (Мы доплачиваем) USDT  +1.8% (Мы доплачиваем)   ^^SALE^^ от 50k    + 2%    Продажа криптовалюты / Selling cryptocurrency:   BTC/ETH  +3.9%  USDT   +3.9%    Оператор: @Kingex Сайт: Kingex.io Курс на протяжении дня может меняться! ------------------------ Будьте ОСТОРОЖНЫ, появились фейки! Наш телеграм: @Kingex
    • Дорогие наши клиенты, а также гости форума! Предлагаем произвести Вам обмен по выгодному курсу по направлениям: Биткоин(Bitcoin) на банки Сбер и Тинькофф.  Мы постоянно работаем над повышением качества предоставляемых нами услуг. Будем рады видеть Вас на нашем обменнике криптовалют Imperial.exchange!   Наши контакты:Почта: support@imperial.exchangeTelegram: https://t.me/imperialexchange_admСайт: https://imperial.exchange/
    • Здравствуйте!  Покупайте выгодно Эфириум за Рубли на нашем обменнике 01bit.pro. Гарантируем высокую скорость обмена и низкие комиссии.   Наша почта: support@01bit.proСсылка на сервис: https://01bit.pro/
    • We invite you to become a partner of the BestChange service   By collaborating with the monitor, you can earn up to $0.65 from each attracted client and withdraw funds from as little as $1. Register using a simple form and we will provide all the necessary marketing materials for promotion. This is especially beneficial for owners of popular websites or those who actively communicate on thematic forums.   We pay rewards for the following actions of referrals: - First visit to the monitor’s site. - Repeated return after 3, 7, 14 and up to 120 days. - Registration of a referral in the affiliate program. - Attracting another referral by your referral.   Rewards are awarded in dollars and paid out to different electronic wallets - yooMoney, Payeer, Perfect Money, Volet, as well as in BTC cryptocurrency.   The effectiveness of your earnings depends on the quality of promotion. Talk about the benefits of the monitor, because there really are a lot of them, so you don’t have to embellish the reality.   Follow the link to become a BestChange partner: https://www.bestchange.com/partner/  
    • Cheated on cryptocurrency? What to do and where to go?   Cryptocurrencies are still the wild west. In 2023, approximately $2 billion in cryptocurrency was stolen. Both newbies and experienced users fall for scammers’ schemes. What to do and where to go if you become a victim of scammers is discussed in this article.    All directions of exchange and calculation can be done on the website 👉Website For questions 👉 Telegram operator We are never the first to write with an offer to exchange. Be carefull!!!   CryptoInvest Contacts: ☎️+374-77788760 (Viber/WhatsApp)      +374-77667060 Address: Yerevan, st. M. Khudyakova 177/7. 🌐View on map
    • Здравствуйте, уважаемые пользователи!   Хотим Вас уведомить, что на сайт добавили следующие направления обмена: Solana SOL > Ripple XRPRipple XRP > Solana SOL
×
×
  • Create New...