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Satya31

Never Jump Into Trading Depending On Luck

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2 hours ago, Which said:

I lose crypto when it comes to trading, so i get loss and confuse because there is a lot of money but i got nothing, maybe this is a challenge for me that this is the reality

Trading is not just buying and selling at loss you must study the momentum of the market so that you will gain a chance to earn a profit to your trades.

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Trading by luck is the fastest way to be a frustrated trader. To be a successful trader, one must own his/her strategies and be some decent leaps above the realms of luck or trial by error.

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On 12.12.2019 at 16:52, 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. 

So I refused to trade on new coins they are almost not analyzed. And when trading proven earlier coins, I first analyze the market for the last few days.

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Yes i agree with you. If luck is relied upon in trading, this means a great loss soon, because luck will not say with you for a long time, yes but many time the luck is give you success to make a lot of the profit in the market .

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Some people compare trading with gambling which is not right at all because gambling depends completely on luck.And in the other hand trading needs experience.Before starting trading one needs to research about it and then do it.

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On 12/12/2019 at 8:52 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. 

True! Many wants to enter the world of crypto just because they know that many get rich or earn money from it,they do trading without proper knowledge that's why many loses. Trading is not about putting money on it,buy and then sell,it needs analyzation and strategies.

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do you know what is called luck when you have opened or running trades in marketplace? as far i know, suppose you have 100$ and your trading turn into negatives and market ate 92$ equities. in this case trader has only few dollars equities, later on somehow these equities increases again and turn into profits. its called luck. i dont appreciate that kind of trading

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Yes you are right and totally agree with you there is no chance in trading, we all need to collect a lit of knowledge to help us to analyze the chart of any coins exactly . Because without learning we can't succeed to this world

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1 hour ago, scorpiali said:

Yes you are right and totally agree with you there is no chance in trading, we all need to collect a lit of knowledge to help us to analyze the chart of any coins exactly . Because without learning we can't succeed to this world

In trading always seek for the information because not all the time luck is with us and it is better to have a lot of knowledge than wait for the luck.

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That's right it is important not to trade because of feeling lucky, engaging in trading must depend on what is the result of you analyzing first the movement of the coin you are using in the market to see if its good to trade or not.

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On 12/12/2019 at 2:52 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. 

Digital currency trading and investment in that area should not be based on luck or guesswork, for a successful investor and trader searches for information anywhere to benefit from it.

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There is no such luck on trading i mean there is but that is really often to happen so dont rely too much on luck. so be wise all the time and make your decision always right. and dont be greedy.

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Beginners look at the platforms with fear and think they are complicated, but when working on them for a certain period, they become easy and routine.

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Luck will come naturally to those who believe. But faith must also be supported by skills. Everything goes hand in hand.

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<Bitcoin> 33UiM7HjYSH9ZuCfdQiRKmWNJdGhLx444W

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2 hours ago, Cryptohot said:

hardworking turn into  successfully trader, a hard-working trader forever engender a feeling of inevitable he is efficient about any news and prediction of the market

 

It is true that many traders in the Forex market may make big gains from ill-considered deals. It depends on luck or chance, but this matter does not happen much. The market is not random.

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On 12/12/2019 at 8:52 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. 

Luck also plays a role when it comes to trading, Sometimes luck brings profit compare to reading charts. I once stubmbled on a low cap POS coins and decided to bought some and run my own node for POS rewards. To my surprise there was a big pump after 2 months and from 2500sats price it went upto $36 per piece.

 

The coin was bitcoin2 feel free to search it on CMC 😄 I made 7.5K usd for a $80 spend.

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There's no luck in trading world, all depend logic and calculation. Replace open position only have " luck " will make you bankrupt in second. Learn it first and try to practice, not hard to try because trading is long journey and need enough preparation to start.

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On 12/12/2019 at 8:52 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. 

I very much agree to this one. If you dont have enough knowledge about trading especially capital never try trading.

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Trading is not like a dice game in gambling which all depends on luck. Because everyone knows the risks in trading are very large, so when trading it really has to focus and analyze potential coins.

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Trading is not an easy platform.luck will not favour you everytime.you need to use your knowledge and experience to be a successful trader.

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No, I am not sure if I will be trading on the basis of luck without being 100% sure that I can experience the lose.Which I never wanted.If trading requires luck, it cannot be relied on as a whole.

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I believe in " luck " and sometimes I use it when can't decide get in or get out. Some people success with this habit but many more fail because don't know the different between luck and emotion, really bad.

 

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If you want to rely on your luck I think gambling suit you better. Because it's very risky depending our lucks in our trading. No matter how lucky you are, the market never fails to surprise you.

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