I'm scared of trading, Should i be?

[Alexbhati12 0]

Hello mate, you should have boldness when working in the field of coding and have the option to manage the misfortunes at the outset, you should get familiar with the nuts and bolts of coding and furthermore exchange little amounts so you can know the rudiments of exchanging and in the event that you lose your misfortunes are not many and, at that point increment the sum when you can do as such work.

[estmerbol 257]

On 10/7/2019 at 7:43 AM, xBDT Script said:

I think it was you before too.

My suggestion is find a mentor and learn the tricks from him. Watch others learn from them too. Analyse with the charts and practice your learning.

Once you will see that your analysis are working as you are expecting then start with real money. Move slowly. Control your greed.

I'm gonna take your advice like it's for me maybe I'm starting to control my emotions a little bit. Especially I think of the losses. Since I'm not in a comfortable economic situation. But I am learning quickly and in a few years I hope that with few operations I can find promising results. So let's give it without fear.  In my country they say, losing also wins

[Jandancoin 482]

Traders should not be scared, but for new traders that have just started and know nothing about crypto trading may be scared at first, it is a good sign that the trader might be patient while trading, they should maintain a good place and never rush to trading but should be mindful of how the loss can be to be able to wait until dump occur to be able to enter at the appropriate time for profitable trade. 

[Yomose 3704]

On 12/1/2020 at 6:01 AM, Rafin478 said:

Yes you can just start and gain knowledge about trading first time you will lose but after few days when your knowledge is full about trading then you can be profitable

If trading the first time makes a scared person lose, the person will scare more and may never trade again. But if he had used low amount of money to start the trading, he could have just lose but having the the mind that he will still learn it more and get it, that can lead to profit later. 

[Liliz 529]

Gambling is not trading, it is a risky game on its own. Don't mix Gambling with trading, they are two different ways. Both are risky tho bet one is riskier than the other. Many loose in Gambling as a result of greediness and the inability to give up on little earnings. Many wants to earn larger amount of profits at a time and trading isn't advisable to go that way, we have to trade with caution, have some amount of patience, and take our profits at a very reasonable point. With this, you won't always run at much loss.

[huesca123 946]

On 10/7/2019 at 1:11 PM, teminalibug said:

I hear stories some of them right here on cryptotalk, its like Trading is to risky

I remember back when I was living with my parents, I used to tell them that i was trading but i was actually gambling on dice sites.. LMAO. I tried to trade sometimes without knowing what i was doing, did few orders and I was like damn! this thing is scarier and complicated than gambling pss! so i kept gambling and everyone believed that i was trading, was good at it though, Gambling i mean until i quit

Now every time i have enough money to start Trading i get scared!

How do you guys do it, and how do i get started? like you i mean from a total NOOB that i am + is it really scary like i think?

Being afraid can be a good thing. But, if you fall off a horse, you have to get right back on it to conquer your fear. You should Demo trade before going with a Live account. Once you double your Demo account, is when you should go live.

 

In Telegram, there is a guy called - Mark Douglas - who is a shrink & talks about the psychology of trading. Heres his Telegram Chat link. Its good stuff & can help you / others. https://t.me/markdouglasvideos

 

Also, the Forex market is manipulated by the big banks, believe it or not. Google - Steve Mauro Beat The Market Maker BTMM - He teaches how to identify the manipulation chart patterns & many other things.

 

Hope that helps.

 

 

[cryptolover45 1187]

Hey mate, thanks for your post, we know dice is very risky, I say we should not do dice game, if we do we will loose our money but trading is fear thing but risky too if we not choose right coin or right time. So don't be scare doing trading at cryptocurrency.

[ibrahim halil anaç 138]

A little fear is good in trading because this fear leads you to do research about your trade, to follow the markets, to learn about the economy, to gain experience from experienced people.
But it is not good to have too much fear. Too much fear creates panic in people, and panic causes you to be unable to think correctly and properly and make mistakes.

[Alekseys787 1583]

Every person is scared of risks but some people choose avoiding the risks, while others prefer dealing with it and getting the maximum benefit. That's why some people are poor and others are rich - because the first ones don't accept the risks in general

[Didemnisa 104]

I also started out with fear. But learning the trade was enough to overcome my fears. For this, it is necessary to know how to play with virtual money in stock exchanges. Actually, I think the most important thing is to gain experience. If people gain some experience, there is nothing they cannot do.

[Muhammad Mujtaba 229]

In Gambling everything is your luck i leads you toward rich in short time or loser overnight. But trading is totally different from gambling.  In trading you know what is going about and how to what will your next strategy. How can you recover yours losts. How can you manage your profit to inlarge your business with the earnings from your capital. So you don't be scary or something about it.   

[Malikjnb 1235]

I suggest you first of all you learn knowledge about crypto trading. When you have some experience in trading then you invest in trading than you have earn profit. If you have not knowledge and experience then you have lost your money.

[Mahmod aljarah 1383]

It's just scary because there is a possibility of gain equal to the probability of loss. That's it
But you must have a heart of stone and a mind of (heavenly soil) in order to be successful in this
Don't be afraid of something. Risk always raises adrenaline and there's profit behind it.

[GanBin 705]

5 hours ago, Amanda1997 said:

It is true that it is not easy for beginners, it needs to wait, you will lose sometimes, but with time and experience, it will become easier and you can wait for a long time, and this is better.

That is the reason it is good to start using low amount of funds to trade at first as it is certain new traders will lose while trading. At the point of using low amount will be a teach guild for the person to low just little he can afford to while gaining experience about trading. 

[joemcgwa 3227]

Everyone who has already interring in trading without any experience and loosing at the first time, they must be feared in trading, so all you have is to learn about trading and also be out of fear.

[Yomose 3704]

On 12/11/2020 at 8:17 AM, GanBin said:

That is the reason it is good to start using low amount of funds to trade at first as it is certain new traders will lose while trading. At the point of using low amount will be a teach guild for the person to low just little he can afford to while gaining experience about trading. 

Even if someone is not scared and start with high amount of money, he will certainly lose. But trading with very low amount for beginners helps them a lot to avoid mistakes. I do say it is good to be afraid as a beginners, this will help them not to use high amount of money, this will truly reveal how trading is for such people earlier without significant loss. 

[Ameralsamt 2558]

My friend do not have to worry, it is really cool, I advise you to start trading, and not to be afraid, because you will definitely win, but you have to abide by some rules in the field of trading, namely, do not take risks, understand the technical analysis accurately, take the recommendations of experts, work hard and succeed. 

[Yomose 3704]

On 12/12/2020 at 11:14 AM, Ameralsamt said:

My friend do not have to worry, it is really cool, I advise you to start trading, and not to be afraid, because you will definitely win

Because someone is not scared of trading do not guarantee that they person will not lose, even the confident new traders do lose or mostly lose. All lessons, knowledge and experience must be the first to do before any other thing else. Trading can be profitable but riskier than the profit. 

[Jandancoin 482]

On 12/12/2020 at 9:22 AM, flashrakib0099 said:

You don’t care how you eat but gambling and always can be tougher and riskier than business. So if you have gambling nerves, I'm sure you'll be trading goodin until you get greedy. 

That is what can first happen to beginners in trading, they can even think it of gambling and trade without any experience or even having the knowledge at all, but they lose. That is why many of them will lose and leave and call trading gambling. 

[guatazoo 7150]

Those who scared in trading are those who need to trade with the money thats they don't afford to lose, but if you afford to lose while you have best experience, there is no need to fear. 

[Zains031 426]

Don't be scared before starting the trading... If you take tension before putting his money in the trading so you not take good benefits and go in loss... So I suggest you,you don't take tension and control on his emotions during trading and 1st you invest Small amount in the trading during beginning if you go in loss so you learned from this and after some duration of time you become a good trader in the crypto market... And take good benefits from this...

[Magayinde 207]

You shouldn't be. Trading can only be done and achieved with profits at a good state of mind with great confidence. A nyine scared of trading will be scared to invest and there is no gain with no risk

[Oki 675]

There is no need to be afraid of trading because as long as we buy the right coins the trade will not lose. Unlike gambling, gambling will only harm you. Try trading on yobit as there are lots of coins with good pairs there.

[Cryptotakl1 0]

Trading is not gambling , trading needed knowledge ,some research and experience .you should learn to trad then because most of the alts will die and they are not long tern hold unlike bitcoin .

[rahul12345 0]

If you are scared but you like to do trade ,you need not to do hurry it requires patients and dedication .try trading on yobit. As there are lost of coins good ppairs there .you need not to do hurry it requires patients and dedicated .