Re: Is there anyone here consistently trading cryptos successfully?
Within trading communities, it gets pretty obvious over time: not many traders succeed. Most new traders in the Tradingview chat or in my private groups over the years only stick around for a little while. They get beaten down by overtrading and emotional trading, risk mismanagement sometimes coupled with outright bad luck. They blow up an account or two and they're gone forever. And that's exactly the type of people running around these forums calling TA bullshit and blaming "whales" and "manipulators" for their losses.
If you stick around the Speculation forum or any crypto trading groups, you'll see over time only the strong survive. The old hands who have been here for 3, 5, 7 years......they're still around because they're profitable traders. And we're a small minority.
If you stick around the Speculation forum or any crypto trading groups, you'll see over time only the strong survive. The old hands who have been here for 3, 5, 7 years......they're still around because they're profitable traders. And we're a small minority.
I was just raising questions here; i think it is important that people realize that only a very slim minority of traders make money in this business and that most will walk away leaving their money behind
Borkers and instructors / youtubers (who most of the time are endorsed by brokers) invest a lot of money trying to sell that falacy that you can make loads of money in no time.
TA is no bullshit, it is a self fulfilling prophecy:) it works, but you got to admit that brokers are defrauding retail traders by all means imaginable)