Quote from: Franctoshi on Today at 01:06:19 PM

My points are based on people that know the basic stuff about trading, and fundamental and Technical analysis well but are not profitable because they don't apply or keep these rules, this is why 95% of traders lose money because they don't obey simple rules, I'm talking from the point of experience, due to I lost money to the extent of thinking that trading is a scam, but when at I started doing the right thing and apply the waiting game, I started seeing a different result.

Ok, I now understand your point of advice. You assumed that anyone who really wants to trade or who is trading must have known how to trade. All you said above is correct and understandable in your context. But I do not assume that everyone who is into buying and selling knows how to trade.
I use myself for instance, I have concluded that I am a bad trade and quit trading, but in the real context, I do not know how to trade. Instead of learning more, I had to quit on the pretence of emotion. This cannot be said of a professional trader, maybe as you are.

Quote from: rozak on Today at 01:21:55 PM

Quote from: KingsDen on Today at 10:57:52 AM

But there is one thing you did not list above and that is knowing how to trade. You must know how to read the charts and listen to the fundamentals. You can understand that many newbies of these days does not know how to trade but they have been trading maybe after watching one or two YouTube videos.

and after losses, beginners with no trading skills find out they have to upgrade their trading skills. what you say is reality. many beginners are currently trading because they hear news related to crypto. they watch some videos then get a reference signal channel and follow it to trade.
maybe at this time, many novice traders are experiencing this phase. instead of looking for people who can teach them directly. or even just looking for additional information regarding strategies and how to read charts. All they think about is trading for quick profits.

This is rampant in the bull period. You will not notice much of it this period. But in the middle of bull run when all the coins will be in the uptrend you will see many novice traders flood the market and they'll probably be making profits until they are caught by the bear market.