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Satya31

Never Jump Into Trading Depending On Luck

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Yes, my friend, this is true. Do not trade on the basis of luck. You only have to do well and pay close attention to the movement of currencies in order to succeed in trading and win well.

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On 12/12/2019 at 8:52 AM, Satya31 said:

Trading is a very complex platform. You can use it making simple. But never, I repeat never get into it without basic knowledge like the minimum chart analysis indicators. If you do so it can make you zero overnight. That's the most important in Trading. 

Very good advice I have had bad experiences because of my way of thinking, I started trading without knowledge and what I got was many mistakes, so I prefer to learn and understand every day the possible mistakes that I can make.

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Yes you are right that trading is the game is knowledge. If you have knowledge about cryptocurrency them you can try it's otherwise just jumping into trading just to check your luck would be foolishness.

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On 1/9/2021 at 3:33 PM, guatazoo said:

There was a friend of mine yesterday who were told me that's if he will start trading he will only be winning because he has very lucky, but I was told him that just start to trade then you'll know how trading works. 

Of course some people are earning in trading by luckily but this is not always be happened but if you see that you have earned in trading luckily one time, don't dare to try your luck again.

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I completely agree with you, it may work out sometimes through luck, but you will not always have luck, the trader must have enough experience to be able to technically analyze the currency and anticipate the direction of the currency, and he must determine the appropriate entry and exit points in order to make a good profit.

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21 hours ago, joemcgwa said:

Of course some people are earning in trading by luckily but this is not always be happened but if you see that you have earned in trading luckily one time, don't dare to try your luck again.

So what's do you think about entering within the market while you are depending on luck? So thats means you dare to take the big risk for hoping luckly returns, thats means you don't have to blame to anyone when you lose. 

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Trading requires a lot of studying and you must always study the market before you make  trade, if you one does not do so, s/he better just do gambling instead.

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There is common saying that anybody can perform on his or her day. If someone start thinking that and obeying this rule started to do trading depending upon luck he or she should be prepared for a lose too. 

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On 12/12/2019 at 6:52 PM, Satya31 said:

Trading is a very complex platform. You can use it making simple. But never, I repeat never get into it without basic knowledge like the minimum chart analysis indicators. If you do so it can make you zero overnight. That's the most important in Trading. 

If we rely on luck we can never make a profit because if we rely on luck we will always lose.We will trade from our experience it will benefit us but we will never trade depending on luck.

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Some people think that earning profit by trading is depend on our luck it's right but we created our luck if we don't know anything about cryptoworld about tradingthen how is it possible we can earn by trading first we learn about it and then for some months we observe on some curriencies and first we trade with little amount. 

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Yes that's good post we don't need to jump into trading becous  its defined on your luck fever if we jump in to trading then sometime we facing with some mistakes .

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This is certain that trading is a science that never depends on luck. It depends on understanding the stock market well and monitoring the movements of the cryptocurrency market well in order to gain experience and a future plan for trading must be developed.

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You are right if you want to be investment like a investor. Then you should know about it. If invested with knowledge, the chances of loss are very low. There are risks in investing but knowledge reduces the risk.

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Entering the world of trading depending on luck is like entering the world of casinos. You are going to enter to bet, and therefore most likely you will lose all your money, in most cases it happens like that. We must understand that trading will pay off when we learn a good system and when we leverage a person who already has results.

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Before entering the trade, you must have sufficient knowledge and experience about the trade you will enter. Especially seek help from people who are experienced in your new trade. Use little capital in your first trading experience.

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Hello friend, if it is very true what you say is very risky to start trading the market without having the knowledge, I hope to acquire that knowledge here in the forum to be able to apply it later in the market. 

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Dear I am not agree with you because some people's are lucky if they are jumping in trading by their luck they must be succeeded in trading and earn a lot of money by doing this 

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I agree with you. The mostly people only focus the profit of trading of others and get inspired from thier profit. Mostly beginners do no pay attention about the risks and volatility of market. So, I also suggest instead of inspiring from others profit never jump into trading without knowledge and experience. Do your own, get experience, take it seriously , taking risky of trading can make you rich or make your poor also, always keep in mind this thing.

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Yes you are right and mention vaild point.without proper knowledge you can't start trading .with this you can face loss and would blame on cryptocurrency. But it your mistake you don't about the price prediction and you invest. So don't make this mistake get some how know about it then would participate. 

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dear mate trading and investment depend on your knowledge and experience in the digital market .

if you have knowledge and experience than jump into the trading other wise you loss your money.

 

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Yes you are right and I also say that in many fields the lock works but you have to need of basic knowledge for start and get profit because if you are unknown with the basics then you can never get profit. Instead of profit you you will lose your income.

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It is true that not trading because you feel lucky, you must engage in trade based on the first method of analyzing the movement of the currency that you are analyzing in the market, is it good to trade or not?

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You are right trading is not something easy that you can be guessing it is something complex that requires experience and knowledge, before you start trading consult the professionals to guide you.

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Yes obviously i totaly agree with you as it just not a luck but a matter of learning too. So get a knowledge about stocks learn pros and cons of market how it works where and when to invest in shares when yo buy and sell. I suggest you to start with paper currency practice with it learn without losses then go for the big one.

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What I have come into realization in crypto trading is that luck won't take you anywhere tangible... You need a first hand knowledge and strategy to succeed in the market

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