A good analyst may not mean a good trader

[mirakal]

You can be a good analyst in everything, but having that is just one of those conditions that a successful trader should met. Thus, being a good analyst is never sufficient enough to make a trade works, or to push to its success. It requires a lot more, and only passionate and highly motivated trader who wants to learn more will be the only one to succeed in the long run, leaving those good analysts still at loss with their trades and still prone to mistakes when trading.

[MarjorieZimmermanGinger]

I thought of this today few hours ago and I decided to also include it as one of the topics I will post today on this forum.

What if someone is good in analyses and he is an analyst, can such person be losing while trading?

I've been on the forum and haven't seen a single person who hasn't experienced losses in trading, even if they're an expert in fundamental or technical analysis. Everyone experiences losses in trading because the market can move against their analysis, or they may even take a different approach, ultimately resulting in a trade that doesn't go as planned. Theory, implementation, and any risk taken aren't always accurate, making it possible for someone to experience losses in trading. The difference lies in how well they handle this, and even if they lose in the previous trade, they still have the opportunity to profit in the next.

[8rch7]

Based on my experienced around four years in cryptocurrency I don't think easily how to be good trader although you are good analyst, many time market unpredictable how smart your analyst. So in cryptocurrency trading beside have good analyst have much experienced is most another helpful side how to avoid bad moment when market suddenly crash. Have moment market condition not running as well as with our analyst beside economic global bad news or any politic decision made by top people and make our analyst fully out expectation.

Analyst is most important when trading in cryptocurrency but we must checking other aspect how to avoid our trading keep in the right way to earn profit and minimalize from loss, make balance between analyst and your experienced in trading if won't loss much in cryptocurrency trading.

[ChocolateBitcoinK]

I thought of this today few hours ago and I decided to also include it as one of the topics I will post today on this forum.
What if someone is good in analyses and he is an analyst, can such person be losing while trading?
Or a good analyst will prefer swing trading and holding than scalping and day trading which are the riskiest trading types?
If you can use some or more people as an example in your post, I will really appreciate that.

You are right, just because someone can analyze well does not mean that they will never face losses in trading. Because no matter how well someone can analyze, none of us know what the market will be like because the market is uncertain and unpredictable. In this case, there is a possibility of loss. Even a good analyst can face losses. So I think that long-term, controlled and patient trading is preferable because it is less risky than short-term or fast trading.

[Mehmet69]

I thought of this today few hours ago and I decided to also include it as one of the topics I will post today on this forum.
What if someone is good in analyses and he is an analyst, can such person be losing while trading?
Or a good analyst will prefer swing trading and holding than scalping and day trading which are the riskiest trading types?
If you can use some or more people as an example in your post, I will really appreciate that.

You are right, just because someone can analyze well does not mean that they will never face losses in trading. Because no matter how well someone can analyze, none of us know what the market will be like because the market is uncertain and unpredictable. In this case, there is a possibility of loss. Even a good analyst can face losses. So I think that long-term, controlled and patient trading is preferable because it is less risky than short-term or fast trading.

It is not that a good analyst will not face losses. No matter how experienced people come into the trading world, they also face various types of losses. Trading is completely a matter of learning. If someone starts trading without learning trading, he will lose again and again. Trading education from experienced people is an important matter. You have to keep a cool head and pay attention to small things while trading. Many experienced people suffer big losses due to a small mistake.

But if a good analyst trades, he will lose comparatively less. Because good analysis comes from experience. So, I would say that a good analyst has the potential to become a comparatively good trader.

[stadus]

You can be a good analyst in everything, but having that is just one of those conditions that a successful trader should met. Thus, being a good analyst is never sufficient enough to make a trade works, or to push to its success. It requires a lot more, and only passionate and highly motivated trader who wants to learn more will be the only one to succeed in the long run, leaving those good analysts still at loss with their trades and still prone to mistakes when trading.

In fact, good analysts do not literally mean that they are also good traders, or if ever they are in trading, still they experience consistent mistakes and losses just like an amateur does. Why? Because not everyone can be prefect in trading, knowing trading has all the risks, and any good analyst that still isn’t inclined to taking risk, he will not turn into a successful and profitable one.

However, there are also instances that a good trader isn’t a good analyst, but he keeps working on it to be a good one in the next months or years. Trading can always be learned, but there are no instant or quick profits from trading alone.

[Sanitough]

A good trader requires experience and skills, aside from having sufficient knowledge on it. While a good analyst cares only on how to make a good interpretation of the market trend, news and events, but it lacks authenticity and on hand market experience, so it’s not actually credible enough to be called a good and successful trader.

However, if you can be a good analyst and a good trader, then that makes a winning formula in trading. No need to complicate, just keep improving and add more trading experiences. In the end, a good analyst may turn into a good trader eventually with constant learning and growth development.

[Ojima-ojo]

What if someone is good in analyses and he is an analyst, can such person be losing while trading?

Loses will definitely occur as long as you are trading cryptocurrency, regardless of your level of analysis and how expert you may be, you can also get your answers from the last trading competition that you hard few months ago.

At some point despite all your consistent profits, you recorded a lose in the process and you have to give up the competition, so being an analyst can reduce your risk of losing but can not totally eradicate it.

[Wakate]

Whether you know how to analyze the market properly does not mean that you are going to be profitable in the market for a long run. The market is not smiling and you will need to get experience enough for you to understand the market clearly. Ordinarily reading charts and plotting graphs does not literally mean that you knew what you are doing. You can plot graphs, draw lines, use indicators and still lose money from the market. Your ideas does not change anything.

[MarjorieZimmermanGinger]

Whether you know how to analyze the market properly does not mean that you are going to be profitable in the market for a long run. The market is not smiling and you will need to get experience enough for you to understand the market clearly. Ordinarily reading charts and plotting graphs does not literally mean that you knew what you are doing. You can plot graphs, draw lines, use indicators and still lose money from the market. Your ideas does not change anything.

Even with sound market analysis, you can't consistently profit from trading, whether long-term or daily. Sometimes we experience losses because the market doesn't move as we predicted. Trading isn't as easy as it seems, as it involves many factors. The hardest part is staying consistent, as persistent losses can make people consider quitting. Fundamental and technical analysis can be helpful, but they don't always lead to profitable trades, as the results can be counterproductive like the market is not going as we predicted.

[TheUltraElite]

Whether you know how to analyze the market properly does not mean that you are going to be profitable in the market for a long run. The market is not smiling and you will need to get experience enough for you to understand the market clearly. Ordinarily reading charts and plotting graphs does not literally mean that you knew what you are doing. You can plot graphs, draw lines, use indicators and still lose money from the market. Your ideas does not change anything.

Truly the outcome of a trade depends on what price you bought the asset at and what price you sell it at. Beyond this, the fundamental or technical will only give you an idea of what the future is going to be for the next few hours but this is not 100% the case, opposite movements are possible and this is why observing the market over the years is important in placing the buy/sell orders and not just what an analyst says.

Simple words of buy low and sell high but difficult to execute because of human emotions - is the only important line to make money from trading. Whatever any analyst says, this is what will actually make the money.

[bitgolden]

Sometimes, being a good trader requires more than just sound analysis. It also requires good execution and self-control.

What I mean is that many people today are skilled at analyzing the market but still experience losses. The reason is usually their inability to control themselves and stick to their plan. Often, people deviate from their plan, resulting in losses. This is usually related to panic or greed.

Yeah, this is what OP concerns about. Because, analysis is just a 10% requirement of profit making in trading so being too good at that part alone will not ensure your profit making capabilities. In my opinion, risk management is more than 50% of influencing factor of success in trading. If you good at entry and exit but forgetting to incorporate stoploss then on a sudden short term volatility, you will lose your capital, for example. This is the reason, trading is very much sensitive job, you need to very careful when you have open position.

Analytics are key for identifying where to open a trade and where to exit but identifying these entry and exit points alone will not decide your end results because we need to withstand against fluctuating market conditions which is driven by external factors like news. To handle this, we have money management techniques, so certainly a good analyst may not be a profitable trader all the times.

[Cryptmuster]

Whether you know how to analyze the market properly does not mean that you are going to be profitable in the market for a long run. The market is not smiling and you will need to get experience enough for you to understand the market clearly. Ordinarily reading charts and plotting graphs does not literally mean that you knew what you are doing. You can plot graphs, draw lines, use indicators and still lose money from the market. Your ideas does not change anything.

Because being able to analyze charts is not always enough, as force majeure events can occur that influence the market in ways which may contradict your initial analysis. Therefore, a good analyst will have most trades be profitable, but it’s also important to consider that some unforeseen situations will have an impact, leading to losing trades as well. So good analysis is important, but it’s not a 100% guarantee of success in trading.

[SmartGold01]

Is there people who are good analysts and are not good traders?
I have never heard about this that there are people who can do analysis about the market and doesn’t make profits while trading and of course before someone becomes a good analyst at least they should have experience in trading and all this are what could attributes to their successful trading.

To me we have good speculators and whenever they speculate about the market it may happen as speculated but that doesn’t mean they are good traders because there are more to know about trading than just being a speculator, I can say today that bitcoin would hit 180k by January to me I just feels or understand that the market is unpredictable and yes, anything could likely happen but that doesn’t mean I am sure of what I am saying but are just hoping for such to happen.

[AGogi2003]

Whether you know how to analyze the market properly does not mean that you are going to be profitable in the market for a long run. The market is not smiling and you will need to get experience enough for you to understand the market clearly. Ordinarily reading charts and plotting graphs does not literally mean that you knew what you are doing. You can plot graphs, draw lines, use indicators and still lose money from the market. Your ideas does not change anything.
hat will actually make the money.

The market is always unpredictable sometimes and making it difficult to predict well, if you can analyse the market that means you will always have more chances of get profit in the market. But you can be winning back to back because the market always changes so let just put it as lucky because anything that is unpredictable is always a risky and if you win is by luck but in trading your lucky deal with your experience and knowledge because if you didn't have the knowledge you can never succeed in the trading. By analysing a chart can give you 100% that you have understood everything about trading and getting profits always. Anytime things change and is always difficult to predict and making it hard for any traders to always get what he need.

[ScamViruS]

Whether you know how to analyze the market properly does not mean that you are going to be profitable in the market for a long run. The market is not smiling and you will need to get experience enough for you to understand the market clearly. Ordinarily reading charts and plotting graphs does not literally mean that you knew what you are doing. You can plot graphs, draw lines, use indicators and still lose money from the market. Your ideas does not change anything.

Because being able to analyze charts is not always enough, as force majeure events can occur that influence the market in ways which may contradict your initial analysis. Therefore, a good analyst will have most trades be profitable, but it’s also important to consider that some unforeseen situations will have an impact, leading to losing trades as well. So good analysis is important, but it’s not a 100% guarantee of success in trading.

Right. News can bring so much volatility to the market that all analysis can fail, we have recently seen what happened in the crypto market and it all happened beyond everyone's expectations. Even if one takes a trade after doing a good analysis, there is no guarantee that trade will be profitable.

Therefore, the market should always be viewed in the big picture, chart analysis alone will not always bring good results to a trader. Because unexpected news can come to the market at any time and cause something that is beyond the traders' expectations.

[Ziskinberg]

Same goes for a good risk taker may not mean a good investor as well. So the difference is still there. It pays to be a good analyst and find it easy to analyze the market signals and pattern, but that will never give us a full assurance that he will also be a successful trader in the process. Analyzing is just a portion of work when trading, it takes more than that to be called a reliable and successful trader for long term.

What really is a good trader is that you can work under pressure and knows how to separate emotions when it requires. And a good trader is always objective, not just riding the market without ultimate purpose and goal.

[CryptopreneurBrainboss]

What if someone is good in analyses and he is an analyst, can such person be losing while trading?

Yes but the rates of losses can't be higher than the wins because when that happens then they aren't really what they claim to be good (analysing the market). How can you be good at something but you aren't making any profits from what you claim to be good at. I can't call myself a good investors without having any proof to back that my claim up. A good analyst should be able to interpret the market in a way it favours him even though it doesn't do that all the time because as humans, we aren't immune to mistakes which could've been caused by our mistakes or the market having other plans. A good analyst should equal to a good trader. I don't find it logical with your claims.

[Questat]

Losses just turn inevitable in trading, regardless of your position as a trader, but the more you trade uncautiously, the bigger chances you will end your trade with losses, and that’s a certain fact.

That is why I don’t believe that a good analyst turns out to be a good trader, because trading is never focused on analysis itself. Or the other way around, a good analyst may not mean a good trader, and for me that’s very true. I’m saying this not because of what others are telling me, but I’m saying this through my experiences from trading. And the more I trade, the more I realized I’m not actually meant to trade, so I just prefer to continue buying and hodling wherein decent profits are still possible.

[Wakate]

The market is always unpredictable sometimes and making it difficult to predict well, if you can analyse the market that means you will always have more chances of get profit in the market.

For you to have the ability to analyze the market does not mean that you are going to be profitable as a trader for a long period of time. Those who understand the market do not mean that they have high chances to make more profits from the market than someone that has  an insider information. You can be profitable but the question lies on how far you can go as a trader making constant profits to sustain your expenses and budgets.