Quote from: Kelvinid on January 20, 2020, 10:42:04 PM

Quote from: bohr on January 20, 2020, 07:06:18 PM

Quote from: Mihaylovic on January 18, 2020, 09:48:03 AM

full time trading would be profitable for me maybe if only the market was so bullish. because i am not an expert and the market is very dynamic. volatility is too high. so if you are not enough good to follow everything it is very risky to make full time trading.

This is a very common misconception, many people feel that if the market just went up indefinitely then they will become good traders and they will be profitable, well we do not get to choose how the market moves you are the one that needs to adapt to its movements, you need to adapt to its volatility and if you can't then you should not become a trader because most likely you are just going to lose your money and you're not going to even understand why.

That problem is that people aren't much prepared for it (volatility) instead, they always think that the market price will always be moving high without suffering dumps on the way. If they anticipate this sort of challenge, they could surely adopt the system and most likely they could manage to keep their trust tightly. But that makes no sense at all when we are an impatient person and easily get into FOMO once the market fall.

And it is really surprising that people are not ready to face the volatility of the market, after all if you see a coin going up for several days in a significant way then you can easily see the volatility is going up and just as that volatility can benefit you it can also play against you if you are in the wrong side of the market, and people do not understand this because most people never really took time to learn how to trade and how to read the charts so they can take high probability trades.