Most Traders are Not Profitable

[lven]

-snip-

In trading, it frequently happens that the trade we closed the day after or a little while later turned out to be more profitable. Market dynamics and psychological considerations are to blame for this phenomena. We are frequently subject to short term volatility and panic selling when we conclude our trades. This is further complicated by our own impatience and market volatility. Using smart trading rules with discipline and a long term outlook is very crucial. We cannot win in trading unless we are consistent and practice good risk management. By keeping this in mind we can turn a profit on our trade.

When you experience a situation like the one you have described, of course everyone will feel disappointed, but the best thing is for us to continue to look for the mistakes we made and learn from them again and must be able to improve in the future and when those who hold an asset experience a decline in Of course, this will cause panic for some people, but we also need to re-do analysis so that we don't waste our time holding the assets we hold and in dealing with market conditions that have high volatility, of course this requires patience and not making decisions. If there is a mistake, of course we have to do an analysis first in order to produce a decision that benefits us.
Continuing to practice trading will help us learn directly, but if we haven't really mastered it well, look for someone who can help us learn this and of course we have to use a little capital first and after we have mastered it well. Of course we will be able to take advantage of the funds we have.

Of course , I liked your words very much  and  It is very important that we should keep looking for our mistakes and learn from them.  This process is done by people who have a purpose a goal.  In order to achieve our goals, it is important that we realize our weaknesses and try to overcome them.  Learning from mistakes is the only way to progress.  A man cannot call himself a teacher in any field unless he is constantly learning.  This continuous learning habit keeps us on the path to success.  Every new mistake gives a new lesson and brings us closer to our destination.

[MissNonFall9]

Everybody trading must not be profitable. It is the same thing that happens in other professions. We should not put it on trading alone. Not all doctors or lawyers get well paid. Not all graduates do well outside school. Some are lost when confronted with what is happening in the real world. I have seen unprofitable traders become profitable with time. That improvement does not come without consistent practice.

You are absolutely right if everyone was profitable from trading or other money making fields then there would be no human skill involved. Only those who practice consistently following a sequence can be profitable and those who do not give up and persist in succeeding can only succeed and profit. Because success is a combination of many qualities. So without practice it is not possible to achieve success in anything.

[CageMabok]

Trading is not easy to process. Frist understand and learn the training process. Without knowledge we are not get profit. So plan to work and get more profit. Trading is best investment. But before investing you known abouth that investment process and market price.

Trading is trading and investment is investment mate, don't say trading is investment because the two are not the same even though the end goal can be the same, namely making a profit. However, in the process of learning to gain knowledge, the two are very different, so you need to separate them and you don't need to put them together because trading always involves every trader looking at the market and understanding market trends. Meanwhile, investing only requires looking at the price that is suitable for you to buy, which you then hold for a certain time limit before you sell it back into the market to see the amount of profit you can get after holding it for some time.

[Oluwa-btc]

If the majority of traders are losing money, it indicates that the trading approach used in this era is flawed. Aside from that, most of them are still appearing to know something, but the truth is that they know very little and that knowledge in this area isn't yet that deep, right?

But I believe that many individuals profit from trading; it's not a large profit, since in my experience, I earn from trading, but it's only a small amount every day. Let's assume it's between $5 and $10 or more for the entire day, and it also depends on the market scenario.

There are many traders but only few can confidently prove to be Profitable traders.Profitable traders are focused,they just manage risks,follow a plan and continue been consistent.Things like emotional balance is of utmost importance to such kind of traders.They take crazy and beneficial steps that matches their sole preferences.

[milewilda]

If the majority of traders are losing money, it indicates that the trading approach used in this era is flawed. Aside from that, most of them are still appearing to know something, but the truth is that they know very little and that knowledge in this area isn't yet that deep, right?

But I believe that many individuals profit from trading; it's not a large profit, since in my experience, I earn from trading, but it's only a small amount every day. Let's assume it's between $5 and $10 or more for the entire day, and it also depends on the market scenario.

There are many traders but only few can confidently prove to be Profitable traders.Profitable traders are focused,they just manage risks,follow a plan and continue been consistent.Things like emotional balance is of utmost importance to such kind of traders.They take crazy and beneficial steps that matches their sole preferences.

First, you should that avoid on necrobumping up an old thread since its that against on forum rules.

Back to the topic reply, If we do speak about profitability then lets say that only a few of traders or % of them do becomes successful and thats why we can be able to say that acquiring up such trading skills and sustainability isnt something that you could be able to achieve in a short time period. If you are that wanting to hover yourself into this career then it wont be simple and will be having that tons of challenges along the way but we do know that once that we do have that able to get a good grasps or achieved or attained out such skills then this will be that a life changing thing or could be also having the freedom since you do already know on how to snip out and be able to maximize out such skills for you to be able to make out some profits. It all matters about consistency for you to be able to survive into this market. Make it sure that you do include yourself into those % of profitable traders. Each one of us who do strive out for this kind of target. It might not be that easy but its possible. It all matters on how you do hande up yourself on dealing up with unpredictable and volatile space. It all matters about on how you would be able to sustain and survive because you do just that easily gives up and having those thoughts that this market isnt for you then you do just that simply give up and turn your back into trading on which this is sad.

[DaNNy001]

They sell dreams to a lot of naive people online... beginners more In what they see more than the processes involved, this is why they get carried away by the flashy lifestyle of these fake traders...a trader that's always analyzing charts will be too busy coming online to always sell courses...They make more money from Those courses they sell and the mentorship classes that they run..These so Called expert traders don't tell these beginners the Truth about the market, that's why most people end up thinking that trading is a scam.

[reefsea]

They sell dreams to a lot of naive people online... beginners more In what they see more than the processes involved, this is why they get carried away by the flashy lifestyle of these fake traders...a trader that's always analyzing charts will be too busy coming online to always sell courses...They make more money from Those courses they sell and the mentorship classes that they run..These so Called expert traders don't tell these beginners the Truth about the market, that's why most people end up thinking that trading is a scam.

This is the real problem, which is what they show on social media or so on is not comprehensive, but they only show the good things, while when they lose and are on the verge of collapse they don't tell about it.

Yes, that is indeed possible, where they make a profit not from trading, but they get profit from opening paid classes for beginners in particular. Because it cannot be denied that beginners are the ones who get trapped because they only see something good, while they ignore the process.

[Altryist]

Trading is trading and investment is investment mate, don't say trading is investment because the two are not the same even though the end goal can be the same, namely making a profit. However, in the process of learning to gain knowledge, the two are very different, so you need to separate them and you don't need to put them together because trading always involves every trader looking at the market and understanding market trends. Meanwhile, investing only requires looking at the price that is suitable for you to buy, which you then hold for a certain time limit before you sell it back into the market to see the amount of profit you can get after holding it for some time.

What you described at the end is trading, the only difference will be in the time it takes you to do it. If trading may take you from a few minutes to a few months, then investing is from a few months to a few years. Actually, you can call it whatever you want, but the essence remains the same, you need to make a profit. Everything else does not matter. Also note that investing in the long term can bring better results and this is confirmed by most experienced people in crypto, successful traders who are able to bypass Bitcoin in profitability are actually very few.

[Victorybit1]

That's actually a fact, I know a lot of phoney traders online with lots of students in their academy, they don't really Make the type of money they claim to have. People believe whatever they see on social media. These so called experts make more money from the courses they sell more than what they make from trading. some of them show off fake trades from demo accounts. Any mentor that doesn't show you practical knowledge and strategy development isn't a real trader

[Oluwa-btc]

A lot of traders are not as profitable as they claim to be. I don't know the exact percentage but I can say and stand to be corrected that 95% of traders even the so called professionals are not profitable. How do I know this through simple deduction. 95% of these unprofitable traders make their money through other means and their unsuspecting followers don't know this. Some of the means are
- starting a YouTube channel and making money of
a) affiliate program
b) YouTube ads

I agree to it alot of traders ain't profitable in trading but yet they claim they are, I see that act as a sign of motivation to their subordinate especially in the online space you tend to see alot of this professionals doing well but they ain't making the money they presume and are emphasizing others join. They just do this to get so many clients to enroll in their master class and get tutored and that's how they make their money instead of the main trading process.

[milewilda]

A lot of traders are not as profitable as they claim to be. I don't know the exact percentage but I can say and stand to be corrected that 95% of traders even the so called professionals are not profitable. How do I know this through simple deduction. 95% of these unprofitable traders make their money through other means and their unsuspecting followers don't know this. Some of the means are
- starting a YouTube channel and making money of
a) affiliate program
b) YouTube ads

I agree to it alot of traders ain't profitable in trading but yet they claim they are, I see that act as a sign of motivation to their subordinate especially in the online space you tend to see alot of this professionals doing well but they ain't making the money they presume and are emphasizing others join. They just do this to get so many clients to enroll in their master class and get tutored and that's how they make their money instead of the main trading process.

If we do make out some % comparison into those traders who are profitable than into those who aren't then we can obviously say that there are tons who arent profitable but come to think that this market is composed of buyers and sellers and come to think that this will be that survival of the fittest when it comes into this aspect. If you have plans on making yourself as a trader then this wont be an easy path to take or career on which you would be needing up to practice and learn up such specific skills if you do wanted yourself on havign that kind of sustain towards this unpredictable space. We do know that this isnt a skill that you can be able to learn overnight. It takes time and tons of efforts before you can be able to have a good gasps into it. You wont be able to know if you are a profitable trader or not unless you do try. It all matters about into your actions on how you do learn up specifically such skills. It does take time but once you do able to know about such skills then you do have that kind of advantage because this could be changing up yourself to have that good financial standing specially if you do know on how to sustain yourself into this market.

[Cpt_reader]

I have found that most of the traders I have spoken to have lost money. A small number of strategic traders have made profits. Those who have made profits say they divided their total dollar amount into four and traded on each downtrend. If necessary, they waited a month or two for the market to go down before trading.

[TastyChillySauce00]

I have found that most of the traders I have spoken to have lost money. A small number of strategic traders have made profits. Those who have made profits say they divided their total dollar amount into four and traded on each downtrend. If necessary, they waited a month or two for the market to go down before trading.

Waiting for the dips is always solid plan, had people bought ETH at $1400 right when it touched support, they'd be profiting hard.

Majority of people lose because they just dive right in to the trading market without proper understanding and give up when they running out of money and haven't formed trading experience.
But it's always like that everywhere else, majority of people lose and only small amount making it through.

[Cpt_reader]

I have found that most of the traders I have spoken to have lost money. A small number of strategic traders have made profits. Those who have made profits say they divided their total dollar amount into four and traded on each downtrend. If necessary, they waited a month or two for the market to go down before trading.

Waiting for the dips is always solid plan, had people bought ETH at $1400 right when it touched support, they'd be profiting hard.

Majority of people lose because they just dive right in to the trading market without proper understanding and give up when they running out of money and haven't formed trading experience.
But it's always like that everywhere else, majority of people lose and only small amount making it through.

In fact, trading is learned by losing money. And when you learn to trade, it is natural that you run out of money. If you had bought any token 15 days ago, it would have doubled today. And how much profit could have been made here. In fact, trading is like this.

[rachael9385]

A lot of traders are not as profitable as they claim to be. I don't know the exact percentage but I can say and stand to be corrected that 95% of traders even the so called professionals are not profitable. How do I know this through simple deduction. 95% of these unprofitable traders make their money through other means and their unsuspecting followers don't know this. Some of the means are
- starting a YouTube channel and making money of
a) affiliate program
b) YouTube ads

- Having a paid course.
- Trading signals
- Selling trading merch
- impressions
- and others.

The true 5% of traders that are very successful and profitable do not even have a YouTube channel (only a very few exceptions). They are strictly for trading only, day in and say out.

The problem with beginner traders is that believe in what they see online than practical results. Few months ago a popular trader posted a trading signal and because of how influencial he is a lot of people copied that trade, the amounts of money they put into it was really crazy but they did that because they he's an accurate trader, not one person made profit from that trade. Most of these people don't trade professionally, some flip without applying risk management, they just try to get others to buy their courses.

[WatChe]

Trading is trading and investment is investment mate, don't say trading is investment because the two are not the same even though the end goal can be the same, namely making a profit. However, in the process of learning to gain knowledge, the two are very different, so you need to separate them and you don't need to put them together because trading always involves every trader looking at the market and understanding market trends. Meanwhile, investing only requires looking at the price that is suitable for you to buy, which you then hold for a certain time limit before you sell it back into the market to see the amount of profit you can get after holding it for some time.

Investment is usually for a long term in contrast to trading where you buy and sell in short duration. Trading is not for everyone rather only experienced people who have spent their time and effort learning the trading can handle it with perfection up to some extent. Investment is secure and less risky if you have the patience to wait for longer duration. For newcomers it's advisable to stay away from trading because it can give them heavy losses, the best way to move forward in crypto for newcomers is to invest for long duration.

[Mahanton]

A lot of traders are not as profitable as they claim to be. I don't know the exact percentage but I can say and stand to be corrected that 95% of traders even the so called professionals are not profitable. How do I know this through simple deduction. 95% of these unprofitable traders make their money through other means and their unsuspecting followers don't know this. Some of the means are
- starting a YouTube channel and making money of
a) affiliate program
b) YouTube ads

- Having a paid course.
- Trading signals
- Selling trading merch
- impressions
- and others.

The true 5% of traders that are very successful and profitable do not even have a YouTube channel (only a very few exceptions). They are strictly for trading only, day in and say out.

The problem with beginner traders is that believe in what they see online than practical results. Few months ago a popular trader posted a trading signal and because of how influencial he is a lot of people copied that trade, the amounts of money they put into it was really crazy but they did that because they he's an accurate trader, not one person made profit from that trade. Most of these people don't trade professionally, some flip without applying risk management, they just try to get others to buy their courses.

Lets just that accept the fact that most of us had been dragged down to trading just because of that having that interest on making huge amount of profits and thats indeed the reality. Even myself was guilty on this one when i was still a noob on which i have seen those huge profits online that being flexed or showcased on which the primary thing that comes up into your mind is that on how you would be also doing it. This is where your interest will be boosting up and this is where your mind will be telling you that you should be diving in with this career. On the moment that you had stepped your foot into this volatile space, then  this is where you would be starting up to make up those kind of realizations that dealing up with trading with a volatile market is never been that easy. This is where you do appreciate on how those traders been able to survive those ups and downs towards trading. Some people do make out some realization at the moment that they have been able to experience it for themselves.

Speaking about being not profitable then lets just accept the fact about on the percentage then it will be that so small in compared into those who are making money with trading. There are actually who do changed up their lives because of trading because they have been able to sustain or survive but of course it wont be an an easy path to take on which only a few could be able to survive or able to sustain up.
So far i have been on the process on trying out to learn up even more about trading on which i've been trading for 2-3 years already but i do still have that feeling that im not that confident enough to say that im profitable. Im still on breakeven but it doesnt mean that it would be giving up on my dream on becoming a trader. There are just that those  times or moments that you do feel like on giving up but it will be just that depending on you on how you do pursue up such target or goal.

[harapan]

A lot of traders are not as profitable as they claim to be. I don't know the exact percentage but I can say and stand to be corrected that 95% of traders even the so called professionals are not profitable. How do I know this through simple deduction. 95% of these unprofitable traders make their money through other means and their unsuspecting followers don't know this. Some of the means are
- starting a YouTube channel and making money of
a) affiliate program
b) YouTube ads

- Having a paid course.
- Trading signals
- Selling trading merch
- impressions
- and others.

The true 5% of traders that are very successful and profitable do not even have a YouTube channel (only a very few exceptions). They are strictly for trading only, day in and say out.

That could be their little secrets that they wouldn't let you know and sometimes I think they are doing this to impress their viewers and as well beginners that are new in the trading space and really want to learn. And you're definitely correct they advice you to subscribe to their YouTube channel and watch some videos and all that abd that's how to become profitable, regardless with just the trading they ain't making it at all.. but in the other hand it helps though cause a beginner can learn from them and do well in the trades.

[Cryptmuster]

Investment is usually for a long term in contrast to trading where you buy and sell in short duration. Trading is not for everyone rather only experienced people who have spent their time and effort learning the trading can handle it with perfection up to some extent. Investment is secure and less risky if you have the patience to wait for longer duration. For newcomers it's advisable to stay away from trading because it can give them heavy losses, the best way to move forward in crypto for newcomers is to invest for long duration.

How then can newbies become traders if you advise them to stay away from trading? I would say that newbies should trade with small amounts of money when they just start practicing trading, and be prepared for the fact that this money will be lost, in this way he will gain experience. By the way, I could not find any precise statistical data where I could check how many traders are successful, I think it is very difficult to calculate, but in reality there are very few successful traders, this is almost an indisputable fact.

[CageMabok]

Investment is usually for a long term in contrast to trading where you buy and sell in short duration. Trading is not for everyone rather only experienced people who have spent their time and effort learning the trading can handle it with perfection up to some extent. Investment is secure and less risky if you have the patience to wait for longer duration. For newcomers it's advisable to stay away from trading because it can give them heavy losses, the best way to move forward in crypto for newcomers is to invest for long duration.

What you said makes sense because I personally did something like that when I was new to crypto, but while I was investing in the long term, I also spent quite a lot of time learning about how to trade so that now I can do both at the same time thanks to the experience and knowledge I have in the past. This means that everyone can trade and invest in the same year as long as they are able to manage their emotions and capital better because if we refer to the potential for losses, of course it is more likely to happen in trading and those who often experience this are beginners who have no patience so they are more covered in panic when they see the condition of the coin they are trading is experiencing a price drop.