A lot of folks, whether they're newbies or seasoned traders, keep bringing up how tough trading is. This constant talk about how hard it can be seems to scare some people away from even thinking about trading.
So what do you guys think? Are non-traders blowing the difficulties out of proportion or is it just traders making it sound worse than it is? Or maybe it really is as tough as they say?
thoughts on the challenges of trading
19 replies 27 views
It is not hyped at all. This is enough as an evidence:
I'll treat trading as some type of skill where if you want to be successful in it, you need to learn anything from it.
I've been into trading for quite some time already. I guess around 2-3 years (although not continuous and I stopped here and there), and I would say that it's hard. If you don't have the necessary skills needed, you will always end up losing. As the post above said, only 5-10% of the total traders are successful and the rest either are breakeven (barely) or lose money at all. I've lost too much money in trading already. So many that I don't want to remember it anymore. Trading is difficult especially in the crypto space, but somehow, I want to learn how to be a profitable trader hence, I'm still trading (but now with risk management) because I want to learn from my own experience and from there, I will be better (I believe).
Trading is difficult, like all skills are, but that's just the start. The more experience you will have, the better you will be in the long run. It's the same with learning a new skill. It's hard at the start, but as time goes by and you continue to learn, you will become better, and better.
Trading is a difficult way to make easy money, so don't let any one fool you that trading is easy. Most of those big traders you see on the internet, probably have been trading for years and what has held them up till now was because they had one or two ways to still help fund their trading journey. So many people who have tested trading and not becoming successful is mostly because they lacked enough funds to keep them in the gave so they gave up.
Also know that in trading once you attain profitability, your journey becomes a bit different as all you just have to do is continue following your trade plan and this time your money is going to trade for you.. your losses as a newbie is the feeling you paid to learn the skill and once you learn, the market pays you back for your entire life time...
Trading is a very difficult strategy. And trading is very easy to understand about trading. Trading has the advantages as well as many difficulties and lots. Trading provides interesting opportunities to achieve particularly rapid profit, but with it some significant difficulties are at risk. There are lots of risks in trading if you cant take entry properly, you need attention to you if you lose your money. Trading can cause a lot of stress because traders need to know about pressure and risk management that is feeling pressure to make a quick decision about the quick decision. Keep the head cool, you need to take the strategies with attention. Trading has different types of strategies you need to know and do in trading accordingly if a little reversal, you can put your life or your money at risk.
D4rkFalconSenior Member
Posts: 308 · Reputation: 1050
#6May 19, 2025, 01:35 AM
what do you think about the diffculty in trading?
Overall is how controlling emotion and pretty much that's it. This so far the most difficulty that I found in trading, emotion that includes fear and greed while opening a position. Sometime you fear lose a lot and sometime you greed a lot which is bad.
Second is consistent, I know that market is up and down but made trading profit overtime is difficult in my opinion fundamental news and fakeout signal can comes at any given time
trading is difficult, because you're trying to profit off the market where there's so many bright minds doing some high iq shit.
but it's not too difficult either, you literally can just wait for a really big dips where the price keep dumping and dumping and when you think it dumped enough, you can buy with low risk, especially trading bitcoin with that strategy is easy because bitcoin just keep recovering not long after.
the problem with people saying trading difficult is that, it's the vocal ex-trader people who blown up their account irresponsibly and exaggerate the difficulty.
Maybe if anyone thinks it's a hype on trading then they should first of all get in and get the experience themselves and decide if it's no hype or really difficult as advanced traders are exaggerating.
The difficulty in trading can't be overemphasized and one have to be with due diligence before engaging. There is no means of earning money legitimately that is easy and trading cant be of any different to think it's an easy ride. Not all traders you know are making profits but some won't say.
Nope- like what most rules, they are definitely written in blood and backed up with factual basis.
Trading involves complex application of knowledge and experience in order to be profitable. In fact, even if you consider yourself as a successful trader, the average profit of traders comprises of only 1-2% of their trading capital1 which can be relatively low given the risks involved.
There is also a reason on why trading is considered one of the riskiest venture without any experience from it. This is also the reason on why most traders advise newbie traders to keep it slow and learn from experience of losing.
1 https://www.bydfi.com/en/questions/what-is-the-average-daily-profit-for-cryptocurrency-day-traders#:~:text=According%20to%20a%20recent%20study,while%20others%20may%20experience%20losses.
I don't think people exaggerate about the difficulties; they just might be too lazy to study. There are a lot of resources that could help you trade, whether it's books, tools, groups, etc. You could improve a lot just by learning and doing that with effort. It's also a craft; you need to understand how to trade effectively and practice a lot.
The best way is to avoid getting discouraged. Everyone has lost money in trading somehow. If they say they haven't, then they are lying.
Relate trading to something like Software Engineering or its likes, is it difficult or hype by the engineers, basically I will say it is not hyped because there is rigorous in actually learn, few days of learning doesnt make you a better trader, following others strategy actually do not make you one either but crafting your own strategy does which is definitely hard because it is like a new person learning programming building a script on its own.
Is the difficulty unbreakable, I will say No, it is mostly hyped by the traders just to sit you up but staying committed in its learning will definitely help crack the craft and make it easy for you. But most of the time we have people who turn to this as a get rich quick scheme and they usually lack the ability to stay patient in learning and thats what lead most to losing and therefore the narrative of it been too difficult is widespread.
So trading is a skill which if the trader isnt committed to learn and improving they will simply find it difficult to get.
AtomicMaxiFull Member
Posts: 59 · Reputation: 262
#12May 20, 2025, 01:10 AM
Easy or difficult for a beginner to learn to trade depends on how much interest and ability the beginner has in mastering what is being learned. After that, it depends on the beginner's courage to gather their own experience to improve their skills.
So in my opinion difficult or easy will be relative to the ability of each beginner. Everyone can learn trading, but not everyone will be able to adapt to trading. Maybe you could say there is a match of talents that traders must have.
At first, ask yourself a question, are you a whale? If the answer to that question is no, then be assured that trading will be difficult for you. You can't correctly predict the price of Bitcoin, doesn't matter how many charts you see and how much news you read, you need some luck to be successful in trading.
When someone asks me about trading, I always give them this example - You are a fish in the ocean where whales rule the world. When whales open their mouth, they eat all the fish around them. The only ones that survive are probably behind whales.
In trading, you have to be like that. You are a fish and you shouldn't stand in front of whales but this is very hard to do.
It's difficult in the sense that one, money is involved and I believe anything that requires an investment of sorts IS difficult and two, you're not up against something simple. It's like you're trying to enter a hive where every other bee is out to get you. And of other bees, a large majority of them has a bigger capital than you, bigger access to resources, and whatnot. It's not just simply reading, it's understanding. And even if you understood, I reckon a large majority of others also do, hence why it's hard.
Well for beginners ultimately it mostly ends up with difficulties in money since, well, that's the root of it all. A big loss from you can just be a small loss for a lot of others and that makes a big difference in terms of trying it out.
SilentGuruSenior Member
Posts: 432 · Reputation: 1445
#15May 21, 2025, 03:33 AM
they're totally not exaggerating, seen few veteran trader's history on copy trading feature and I can say that majority of them are always losing after a while.
don't know if the data in copy trading can represent traders as a whole but you will always encounter some people who got bad trades and lose big chunk of money after having streak of wins not too long ago.
same thing with some positions in hyperliquid, those news about people getting liquidated by billions aren't just number, it's real money getting sucked to the market from real people.
so I'm gonna say it's definitely difficult.
Well for a non trader their not exaggerating that for them its reallt difficult. Thats an obvious thing I guess since they dont know anything about it. But some traders who got experience still having some difficulty to win on trade cause honestly even with right approach the market is not that predictable and giving you an accurate result even with parameter used.
DarkR0ck3tFull Member
Posts: 111 · Reputation: 611
#17May 21, 2025, 08:48 AM
I would say it is extreme. That is why I don't encourage people to try if they are doubtful of themselves and not prepared. They better know how risky it is rather than expect it to be too easy. We don't need to make them believe that making a profit is easy but rather tell them it only happens after hard work and market dedication. Knowing the truth could help them think deeply if they pursue their want or choose to become an investor. It is safer and less risky there than trading.
Well if you ain't ready for anything don't go into it, knowing the advantages and disadvantages that is involved. I don't see trading to be that difficult because if you must've understood every steps to take to skyrocket in that trading aspect,then you don't have to think that way.what I think that makes traders feel trading is difficult is that they are unable to to understand,just as knowing the technical know how of something, so this is why it seems like it's difficult and mostimes everyone want a quick results but can't go through the waiting process.
degen_nonceFull Member
Posts: 134 · Reputation: 434
#19May 21, 2025, 06:45 PM
They are not exaggerating and like I know trading is not that easy for people to make profits from it especially when they have enough or a sufficient funds to trade with. As a trader or beginners it's important to have a backup funds or source of income where they could be deeping hand to trade maybe if they emptied their account they can easily funds back to continue trading.
There's no need on hyping it but it couldnt be able to avoid on not to make any negative words into it specially when it comes to difficulty on which it is really that totally that difficult and not something that anyone could be able to pull off. So it will really be that up to you whether you would really be that pursuing on learning it out or would just easily gives up once you do able to encounter some hardship?
Usually people who are just new are really that focusing out on how to make money and not on the possible situations that you would really be able to encounter. It will really be that up to you whether you do just simply that accept and be that able to hover up yourself or you would really be just that simply turning your back and never do tend to make up such engagement because you cant be able to bare up such risks,
There are really such conditions on which you cant be able to handle up the risks involved.
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