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Keith700

Ignorance in trading

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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.

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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.

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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

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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.

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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. 

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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

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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.

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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.

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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.

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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.

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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

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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Time is the ultimate weapon!

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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.

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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.

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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.

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 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.

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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 .

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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.


 

   

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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. 

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