Post
Topic
Board Trading Discussion
Re: Why people mostly fail in trading
by
stomachgrowls
on 31/12/2024, 10:39:51 UTC
Failing is really that common because not all do starts on being a professional or veteran one but rather we do start on being a newbie. On the moment or time that you do find yourself having such plans on dealing up with this volatile and unpredictable space then you should be expecting that it wont really be that so simple and you will be able to encounter into the things that will really be  that so hard on which it will be resulting into such frustration.
Failure is something that cannot be removed from our lives, in any case. Because every time we do something, the risk will always be there, including when trading. But the question is whether we will be defeated by that failure, or we can turn failure into success.
As you said, everyone who now gets a professional name is those who have also gone through the beginner stage, but time can bring them or in other words they managed to go through a process that was not easy at all.
We also usually talk about or see people when they are successful, we will ask what their key to success is, we never ask how many times they have failed. Isn't that right?

Exactly, we see them when they already on their peak but we never notice them when they are still starting, for sure there are ups and down when they start their journey, but they manage to convert those downfalls and thos failures to a profitable adjustments that they needed, and with that conversions they manage to become successful on the field that they've chosen.

It's your money and it's your obligation in terms of finding ways to prevent losing your money, you need to work with your knowledge and better understanding it will be more easier to anticipate when you know what you are doing.
No one on this world that achieves success without having been able to experience failures. We've do only see the positive side of things on just looking up with these successful person and doesnt really go or check out when it comes into their negative sides or to the struggles that they had experienced before they do able to achieve out such success. Its never been simple and its never been that a smooth sail ride on which it will be that having a storm for challenges and struggles that they had been able to sustain and survive. The ones who do becomes successful are to those who had made it out and sustain themselves despite of the bad conditions that they are really that able to experience.

It all matters about sustaining yourself and discipline because if you do have some hesitance into the actions you are making then it is because into the challenges that you will be able to encounter. So it will really be that up to you whether you will be that going through or will simply be that giving up because you cant be able to control up and cant be handle up emotionally and psychologically. Failing is normal but the key on here is on how you will be able to sustain and survive.