Quote from: Hypnosis00 on November 26, 2021, 11:03:08 PM

Quote from: Oshosondy on November 26, 2021, 07:22:29 PM

Quote from: trickys on November 20, 2021, 03:55:04 PM

Taking into account that most of the traders lose... over 80% of them, I wonder how much money you expect to make.
Trading is not some dream world where you grow money on trees, it's hard work.
Crypto is over-hyped now, so when the s...t hits the fan, there'll be lots of losers.

You are not wrong, but did you actually know that some traders gain? Most like 80% can be losing, I have even read it somewhere before that over 75% or more of traders are losing, but few traders still make profit. The reason for most losses is high leverage which liquidate the money used at very close price range to the price the position is opened. It is better to do spot trading which can be profitable if patient enough. Trading just need tactics, but if using low amount of money and losing, then better to just not trading again, holding will be better.

Most traders or everyone suffers losses in their early days before they learn about trading. It can't be avoided but we can do something to make it minimal by simply making a good decision and correcting mistakes that cause our previous losses. Particularly, day-trading is risky, and have to admit that. We can make losses but we can make some gains as well. If we just change and correct all the mistakes we do before, it is possible to increase the chance of earning side rather than losing.

Maybe some earn on their first run but actually this will never happen on the long run especially when sudden bear market season occur since for sure many newbies will be burn at that time. And what good thing there if they really take a deep look on that situation for sure they can get an experience and know how to diversify their portfolio on next time around.

We can make losses its normal but we can do something to avoid it and convert those to profit and the one option we need to do is to learn reading the chart and hear some news about how market goes at the moment.