Quote from: jackg on April 07, 2019, 01:02:36 PM

Whenever I trade and make a profit, does someone else lose?

For example, I've been watching an altcoin market for three years and knew that a certain currency always triples in value going from x to 3x in a couple of months. Having spare money avaliable I put some in to test the strategy and I'm close to my 3x at the moment.

My question is, whenever I trade and make a profit is there always going to be someone who's made a loss or is this an odd way of thinking? Could it be that these people are losing a small amount of money or that these people are buying a coin by going (I'll put 10% in that) so as to not really matter if it profits or. Loses as it generated a stable ish value.

If we make profit someone are suffering not because you do trade but because of their own fault. We all want to make money and we will do our best to outsmart other traders, and its you job to do so. Don't feel guilty about this one, traders must focus on his personal goal and target EMOTION should not be the hindrance for you not to do better. If we win, then we are better than any trader. Newbies are the one who losses money.