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When we talk about trading whether it’s Forex or Crypto, there are some very common reasons why people tend to struggle.

So that’s take a quick look at what those reasons could possibly be at https://www.qatarday.com/blog/information/4-reasons-why-youre-not-making-money-with-your-forex-trades/69233

Although, this is not going to turn you into a professional overnight, but strictly following these are ways you could begin the long journey to the destination you want to reach.

Isn't number 1 and 4 almost the same? Like the idea of over trading happens because greed overcomes your rationality of deciding to trade slowly and effectively. Also, the 4 given are mostly mistakes made by newbies. The struggles occur because of their lack of experience and knowledge regarding how to trade and so, problems occur, so simplest solution is to let experience take its place, and gradually, newbies that trade would slowly learn the advantages and disadvantages of the certain actions they do, thereby improving their efficiency as traders.

I think the most important thing to become a trader is to control your emotions. Many new traders often let their emotions overwhelm and they often make the wrong decisions. If you have negative thoughts while trading, it is best to stop and resolve those emotions before returning to your trade.

Greed and boosted ego  aren't necessarily the same thing. You can do many greed mistakes while still being not being overconfident at all. Also being skewed with your confidence doesn't mean you will be greedy. As said, it's most important to take the learning process slow and use the smaller possible amount of money that makes you 'feel' the loses but is not gonna make you broke if you had to reload a few times. You will not become good trader working on millions if you can't profit on $10 first. Also the best thing is you can get the experience and knowledge that will grant you good position in the industry without even risking a dollar while learning. Paper trading as much as it is boring, is the best teacher out there.

I think greed and boosted is the same because these are both urging you to trade more and more without thinking. You should need to think first even if you're on fire trading a certain amount of money. You don't need to rush because the more you rush, the more you will lose.

Always remember that greed is a bad thing in trading. Controlling emotions and self-discipline is very basic or fundamental when it comes to trading.

People go off from dream and ours is same, profit. The journey is not easy but some people stay focus because become trader is their dream. They can learn so much knowledge to get success in different way, far from reality job near them. This struggle need time, passion and fund to start but never let your emotion take control your mind. Follow your rules and see you next year.

Lets just point out on whats being mentioned on the article.

=Overtrading from being overly confident
=Inadequate capitalization
=Not adapting to market conditions
=Being motivated by greed

I highly agree with these points and one thing which is important to avoid is that on that #4
yet any actions driven or motivated by greed will really result into a disaster.

Losses will always be a part of the trader's life, in fact, losing is a way also for them to learn something and succeed later. And most of the reason why they suffer losses is because of market adjustment/adaptability. I know it was hard to adjust especially when you are expecting too much but in the end, it was far from the way we think of. Not surprising but it makes people paralyze and disappointment.

It is hard or even impossible to become a professional trader without an actual mentor or formal training. You cannot learn everything all by yourself. I tried learning crypto trading alone and I failed. I even failed countless of times after I had a few trader friends to compare my analysis with. In sum, my trading experience was not fun but interesting. If one has the perseverance and determination, he should be undergoing a formal trading or mentoring to succeed. 

Aim a reasonable profit.
 
 I just highlighted that one I have read in the article. It's kinda true that there is also a good side of being a greedy one. Aiming not only as small trader but to aim a successful trader with enough profits.
 
 Overconfident
 
 I can tell you that it is hard to be overly confident trading. When you thought you are sure of what you are doing, think twice. I usually experienced this and  we can't really be so sure about the market because of the sudden sideways.

All of them could be concluded as less knowledge and more greed. We should be more patient in trading and also we should learn as much as possible anything realted to the market and the coins that we trade. If we're just do a blind trade and hoping for a luck, maybe we'll get profits by luck at first but we must be ended up loss.

On that number 4, I think we should used our logical thinking here and not to be carried by our greed. Number 1 though, I must say that I'm guilty as well, being confident that I wouldn't lost in this market, so it's a hard lesson.

Number 2? I guess we can start with small capital and try to get it multiply over time. I believed most of us did that, We begin with small capital we earn here (sig campaigns, bounty hunting) and used that as a stepping stone. Then we trade our earnings, and make the best out of it.

I may consider greediness as a tool to encourage people but somehow it is also a reason for our fall. This simply means that we know also to be satisfied with a small amount and accept what only got. Greediness could sometimes lead to illegalities and yes, it often to happen in some local businesses. We've been run through this kind of behavior but we should have to control it.

Because being too confident is not always good in all aspects. It can bring you to failure for rushing something that you shouldn't. Remember, always take things slowly because they say that "Slowly but Surely".

Market capitalization is a natural thing, you will make your money grow from smaller to big amount of profits. After that we always enjoy wise trading that will also help us to have profits.

Loss are the effect of greed and rushing things. You should take your actions with a correct thinking and mind manipulation for you to know the next actions that you must do in the market

But when you are in real trading controlling your emotion is so hard to do there will always time that greed will control your emotion but if you manage to control your emotion, I'm sure your trading flow will change because your risk management will be more flexible to make a good decision.

Easier said than done. In a market like crypto that's active 24/7 there isn't really a moment to step back and get yourself together. Traders want to utilize every bit of the time they're awake looking for opportunities to trade. Not trading means missing out on potentially very lucrative opportunities. It's not like the legacy markets where you can take a (forced) break in the evening and weekends.

Crypto is brutally time consuming. Something that I have had to learn the hard way myself, hence the reason I no longer day trade. I used to trade spot without leverage, can you imagine how more stressful it is for those who are day trading with leverage all day due to the increased risk of getting liquidated? Nothing to like about it.

But I think emotion is not even the primary thing. What I think every trader should do or know is to have and believe in their strategy. After that strategy, then emotion can make you a good trader because you understand when to trade (I mean making a call order) or not because of the strategy you already built.

Overconfident and greedy are very common mistakes for new traders, including me. Back when I used to make like $100 USD daily with $500 USD as a capital, it got me greedy and felt overconfident with the market. Then, when the market condition changed, I started to lose, and lose more over weeks and after that I realized, I have made a big mistake.

Well, now is very hard to trade even for experts I am sure. But there are always possibilities to learn trading in the current condition. So, keep learning from the mistake and do things right after all.

I think the first thing you need to learn is how to control your risk. Know exactly how much money you can lose on a trade before you ever place it. have stop loss orders in place. most commonly, people lose money due to this point because they hold out losses, thinking they will recover and end up losing more, while most people usually cut profits too soon and don't stick with their strategy and trust their DD, giving up greater potential gains.

Number 2 doesn't really matter too much in crypto trading... I don't know for others though.

In Crypto trading, you can start trading with small amounts of money and still make reasonable profits...though it will be smaller profits compared to trading with large amounts. Besides, newbies are normally advised to trade what they can afford to lose.

No matter what you do and what you read, you need to understand how you apply everything you have learned in a disciplined manner because no matter what you do, you have to experience all the hardships and losses to understand the need for that disciplined manner. All I know is the continuous learning needed to have a great experience in trading, or should I say consistency.

They have different meanings, but both lead to the same result, which is over trading. In the end, anything that is negatively affects the state of mind of a trader, whether it be greed or something else, could potentially lead to over trading. Trade what you can lose, and always try to tell yourself that anything you've started to trade, it isn't yours anymore, at least for a certain period of time. Not only that, anything you trade doesn't shouldn't necessarily bring profit, but minimum trade should be you breaking even instead.

Actually the amount of the capital is what matters the most and is prerequisite to the trader's knowledge.

Yes everyone can start with small amount, but does it level their knowledge about trading? if you are trading for a long time would you still risk at a very chance?
What newbies in trading has a problem is with their expectation inversely proportional to their capital, like they are expecting a huge profit out of low capital.
" It takes money to make money"

Keeping up with the news could be the best thing you could do.
Where else could you get an accurate one? Here in this forum.

Users share all the news they could get from different articles and it could be your foundation into making a good trade.
Dumps and pumps could start with it when you see people following one article and believing all of the statements the person created.
There might be some who create lies but it could also mean something in the market when it works.

Strictly following is the actual catch of every guidelines. Not just with this forum or around the internet in videos and step by step procedures, lots tutorials are available but most traders are sharing about their failures rather than story of reaching their destination. I guess no reasoning will be effective until traders learn their lessons by heart; it means experience must be a biggest guidelines for any trader to turn professional still how much it costs is the challenge here. Some traders learn their lessons in demo for free of cost too.

Making use of your knowledge at required time will be possible only with experience. This is the reason even skilled traders may book losses due to market frustrations. Yes, market will not allow you to think and find an exact decision whereas it will enforce you to do a quicker one which may not be the same that you will do take in calm mindset.

Inadequate capitalization is good to point, we can't buy a Lambo with few hundred dollars so we should aim to multiply the amounts befoe going for bigger profit margin in terms of USD so any trader has to set percentage of margin to achieve in certain time frame and try to achieve rather than having a fixed amount of value.

Too much confident will also have a negative impact on our decision.
I know this, I know that and I know everything...that is the attitude of being an overly confident person and never listen to others. We know that fact that no one is perfect, and what it makes wrong to this is that you can't find useful ideas that may help for the betterment of our trading strategy.

I get that forex is kinda like crypto but also crypto is a lot like many things, it also looks a bit like stock market when you look at it in a certain way, it is a lot like commodities such as gold and silver in many ways, so it is right that if you look at forex traders and crypto traders there are a lot of common stuff and I am not disagreeing with that, however there are plenty of other stuff traders look like as well.

On that note, over confidence is not something you can fix by reading some article, if you are a snub person that thinks he knows everything there is to know and have that kind of mind set, you will eventually lose a lot of money, sure maybe that confidence came because you made a ton of profit once up to a time but eventually you will lose it all.

I'm a noob, but is it possible for everyone to make a profit, or must there always be losers?

the key is that if we already get a profit target, don't be greedy to be able to get a bigger profit, which will lead to excessive confidence and of course it can affect our emotional control in trading.

It's actually conclude those 4 points on that article, emotion is the hardest thing to handle when it comes to trading because when you are falling to your emotions then it could lead you to greediness and make stuff worse.

There is a day that you will be a loser and later you can be a winner, just don't overthink about that stuff.

That is why it said for Forex dude.

Not everyone did best and that is why others will fail. The real thing that may happen in crypto trading is that someone will suffer losses while the others will win. If we feel that we are not happy with the results, think also the reason that causes such negatives and you'll find the solution that could help to fix it otherwise, you'll still be a loser until the end.

There’s a big difference on learning how to trade and applying all of it, some trader make effort on reading books but still don’t know how to apply it. Your determination to become a trader also matters, there’s a lot of failed trades but if you do have a good foundation then you will keep on trading. Traders must look on everything, the money on this market moves very fast and you also have to execute very fast with a lot of research.

People will keep trying to get profit in crypto world whatever strategy they use, money always become the final goal. Not enough preparation, no friend to sharing knowledge and too optimist become the main factor they always fail. What I mention is out side the general reason, such as greedy, fear and not discipline just like the articles. I more focus in out side problems because they can change my action in the middle of running strategy, this is fatal. This situation is normal but I hope we can learn from our mistakes and repeat that again.

This is so accurate.

I've been in these situations a lot and some of them are srill in my habits especially overtrading and sometimes adjusting with the market changes. It is true that I've been here for years but the market price is so volatile it is just hard to adjust to it. I can't be greedy that much since I know it would destroy me and I can't invest that much because I know I need to lessen the risk I am taking.

Many beginner can get much profit with crypto investment without implementation what have they use and teach in telegram channel discussing about how to trade with bitcoin and altcoin, every one have their way how to be worth with trading and investing in bitcoin and altcoin, lets give space for them although what ever way use but can get much profit later.

Not new issues, most traders are aware of this problem. But compliance is almost impossible, there are many reasons why influence us to change decisions. All we know it is good to follow, but sometimes, a small chance to get small profit makes our decisions shaky. That is the difference between theory and practice

While controlling your emotions is important to me that is the last step, after all to let your emotions affect your trading then you need to already be trading and that should not be possible until you get all the necessary skills to engage in the activity, so only after you have mastered all other aspects of trading you should worry about controlling your emotions, still it is a very important step because if you do not then nothing you have learned before will matter if you sell your coins if you panic.

There are always traders who get profit and loss, and that depends on how they can choose the coin and how they analyze that coin. Everyone can make a profit, as long as you can analyze with the right, I am sure that you can be able to make a profit. If you are not giving up on trading, I am sure that you can be a professional trader so you can make a big profit. But my advice is you should not be greedy for chasing the profit because that can make you lose the opportunity to make a profit.

Confidence fuels greed to overtake the right action you must do when you trade. Confidence isn't good all the time especially when it turns out to be too much, that literally you wanna risk the all of money left and you. Which is bad because greed plays you because your over confidence starts to triggered it. Numbers 2 and 3 are basically a necessity which a trader need to comply, otherwise you won't be able to start, and at the same time won't be able to have some decent trading.

Controlling emotions is difficult if we are in a Bearish situation which causes the value of our assets drop dramatically. I agree Controlling emotions is the most important thing in the world of trading. Without good emotional control, you will often experience losses.

Actually it is not a matter of how fast the market moves and how fast we execute it but the most important thing is, how precisely we execute the market. Executing too fast in my opinion is a reckless act, even though it has been done with thorough research. But basically, everyone does the execution with thorough research but they just lack patience.

Personally, I'm not really so active in trading. But base on my experience, trading really needs a lot of patience and perseverance. I'm trying to return to trading as soon as I'm recovered from my previous trading wherein it turn out to be no returns at all even the capital. I also learn that it really needs time and effort for it because on my case I've been confident to let it stay for long without knowing that the said trading site will already close. And unfortunately, I read the notice after due date.

Exactly true that reading some books or follow some tutorial is not enough, all of that must be accompanied by continuous training, it's better if you have an expert mentor.

For fast execution I think it will work for arbitrage strategy and some people use bot to execute the market. Fast execution is a worse decision for any type of trading strategy other than arbitrage.

Its easy to narrate or study trading rules but very hard to follow. I have personally experienced it. I do not know whether anyone else has the same problem as of mine. I am trading forex  since 2011 and know most of the rules to be a good trader but still whenever I start trading I lose control over it and take high risked position resulting a big dd or losing my account. It is better if someone remains stick to rules whatever he decided else it is better to sit aside.

Sticking to the same rules is a lot more helpful than risking to go against it which would sometimes burn your capital. But those new strategies that we want to try should be practiced first in a none risky field when trading. It would take a lot of time to completely master it at least a single strategy.

While having a mentor is the ideal very few people have available a friend that knows how to trade and can help them in their journey, but that is not really a problem some of the best traders in the world learned how to trade by themselves without any help, just make sure not only that you read a few books about the subject but that you put in practice the principles that you learn from it, otherwise you are just wasting your time and your money by buying those books.

Buying books or any other reference would really be a waste if you dont know on how to utilize it.Im a kind of trader which do make learning on my own.
Yes, i have tried to follow someones trading style but ending up not so well.Therefore,i decided to go solo and just getting information and analysis on the net
where i do study it out and apply it with my own trading behavior.These things cant really be learned overtime which most people do wrongly anticipated.

Partly disagree. Learning in any form of material is not a waste of time even if you can't fully utilize it. I agree that books alone are not enough to study trading.
In my case even though I have a background in trading, I usually buy some trading courses in Udemy since I'm very lazy to read books. It's more convenient watching
tutorials while I'm hands-on for the practice. I highly suggest taking a trading course in addition to self-learning skills. It's really nice to have additional knowledge from PRO.

Books alone is not enough but still we can learn a lot of knowledge in books. I have different sources of information about trading and it is books, articles, blogs, youtube videos and specially this forum. One source of knowledge is not good, we should have different sources of knowledge in order for us to become intelligent trader. I often read books and there are a lot of trading setups that I learned and for me it is effective to use.

Books are important but without a teacher, it will be more difficult. Sometimes we often get lost in learning, well that's because without guidance, learning with videos, books, etc. will surely encounter many problems in understanding, therefore we need people who are able to guide in learning as well as the existence of this forum that can help all members in learning about bitcoin.

In terms of trading, we have two different kinds first is the Forex trading or the Foreign Exchange Market. This trading of different currency that came from a different country and many people use this as an investment of real money into a different currency. Next is the cryptocurrency trading, in this trading, we have different currencies too, but we called them as coins we have the bitcoin and alternative coins or altcoins like Ripple (XRP), litecoin(LTC), and many more. That trading process is both productive, and you can earn a lot of money, but the difference is the money they are using in forex we use real currency, but in crypto trading, we use the coins.

Books and teacher I think is not important but experience can guide us to get much profit with bitcoin and altcoin investing, we can earn profit without got experience fist in trading with bitcoin, when faced with experience you will know details with trading and investing in bitcoin and you will know which time you got profit and how to choose altcoin for trading.

I am quite grateful to you for sharing useful knowledge to our forum but these theories are a lot on the pages displayed at Google. I have read dozens of basic trading guide pages for newbies but I still lose money when practicing with my real money. So I want the fifth advice that you should practice as soon as you learn any lesson. Only experience can make a real good trader.

I agree, because I've also been like that. most people want to earn lots of money fast and instant like in gambling, even though this trade is full of analysis.
emotions and greed that we have to control, greed makes us miss profits because of high expectations on prices will continue to rise.

Many trading strategies are good, what people miss is that every strategy requires time and bankroll, depending on how much free time you have and your bankroll you need to find a strategy that is suitable for your situation. Many people lose money with trading because of the greediness, they wish to much with their little investments and they wish it as fast as possible. Learn about trading strategies and find one that you will be able to combine with your free time. The second thing you should pay attention to is your bankroll, every strategy requires some starting capital.

Every people must have the greedy side of their investment and that's the hardest thing to control even for the people who already trading for years, the greedy moment will have come to them because of having the chance of getting lot of profits. Risk management is the core of the trading, if we could control and manage our risk in trading, i'm sure we could do trading for living.

Listed emotions there which is a difficult task to control.

There will always be a part of us who cannot control greed and fear.
How could you if the pump is happening so wildly?
If dumps are also getting harder then it is time to sell.
Those kind of events that happens in crypto trading cannot be stopped and so does our emotions.
Controlling it is not like learning to trade in textbooks. It is yourself which is the enemy.

I know being greedy often results to failing but sometimes when you greed too much it makes you gaining more than not doing it. We become greedy because we want more and based on our instinct that we trust. I have to agree risk management and emotion control is the best, perhaps the safest way thing to do.

Not gonna lie, the experience is the most important thing you can acquire. If someone has enough experience and knowledge there's no doubt that he/she can manage his trade more efficient. I am not saying that tips and guides of someone else are bad in fact this would be really helpful in some cases but much better if we ourselves seek knowledge through our own experience.

Sometimes if we're equipped with desired experience, you won't be afraid in dealing with crucial trading. But even how you're going to manage every trades successfully, no one is effective during bearish market. That needs more time to grow an asset, that's why expert traders has no other options but to let those holdings grow substantially by choosing long term trading.

That it all be means that not all the time our luck is in our favor. It sometimes we experience hard times and tested how strong we are. Not really a worrying scenario but couldn't deny that some will quit because they can't take it anymore. The market is getting difficult to understand that many impatient traders lost their courage and leave. And this it means that trading is not for everyone but only for those who can understand.

Of course. When greediness becomes the drive then we will lose focus of the right call.

Yes, I agree with these reasons. Most traders want to make extra profit, which is why traders can not achieve success. I think we need to first try to make a small profit. Overtrading can never be done. We should do more market research. The amount of capital has to be increased. We should trade with the advice of experienced.

Thank you

patience is indeed an important thing in trading, I often experience losses due to lack of patience because sometimes as a daily trader I am motivated to always get profits every day, while the market is not always the same and increasingly difficult as this time. in the article it says "They don't jump into the trade when the opportunities arises" whereas me when there is an opportunity when the prices drop I always trade. Is it wrong?

Have you ever thought about the real thing Greed is representing? In my opinion Greed is another form of fear. More concrete: The fear of owning too little of a specific ressource in the future  ;)

So, the main driving force in Trading is and will also be FEAR!

In an Pareto way of live As a trader you have to handle your strongest Emotion, FEAR in the very first place.

Cheers ...

It's because there are some lesson you can only learn through experience, it will make you realize and analyze things. It will make you understand that a single mistake can change your life, sometimes it depends on the level of your perception. It's a powerful tool that you can use for free, the lesson that you have learned from those experiences can guide you on making a better decision. Accept your mistakes and face the consequences of your actions because despite of that you are able to understand which part you went wrong and how you can easily avoid doing the same mistake. It is also good to consider the experiences of other people because it can have a huge impact on your way of thinking as a trader. Also, we have to change our mindsets when it comes to trading because earning is an outcome of your hard work and patience. You can't easily have it particularly knowing that trading requires a lot of effort and time since it is speculative.

You are doing well but when you want to take advantage of opportunities you must know are these opportunities real or not. While trading better chooses long term trading so it will have fewer chances to lose and it will give you so much profit. I like trading but I keep my eyes on the market  and when the price falls I start buying for long term trading.

it's difficult to see opportunities in crypto because of many factors that influence such as news and demand. so that it can create FUD or manipulation. I don't trade long term, but if in the long term I only hold bitcoin, because I believe bitcoin will eventually continue to increase. an altcoin is just my alternative to earn lots of bitcoin, so I try to always get profit on a daily or weekly.

Every businessman has to be ambitious in doing business and controlling his emotions so I can be a successful entrepreneur. If you do not get frustrated at the loss of business you should correct your mistakes and try again You need to try to become a successful business by eliminating negative thoughts and applying reality.

The conclusion of the article in the opening post we must be able to control our emotions when trading. Especially overconfidence and greed
which is very commonly done by most traders. I myself often make these two mistakes, and that leads us to experience loss. Therefore we
must be able to control our emotions, so that mistakes are not repeated we do it. The first is us make it a habit to not delay taking profits,
if it's already a profit then just sell the coins that we hold. And the second is always careful in managing our capital, don't be too confident
using all the capital we have. Do the steps that I have mention, then we can avoid these mistakes.

That was a quite helpful link, thank you. Yes, trading was indeed a way to atleast gain income that you can control and somehow be manipulate when to buy and sell and how much profit your prediction can reach. But, as stated in the article, it would most likely to drive us onto something bad such as greed and overspending in trades. Hence, I would still prefer Holding for a long time or trading with a huge selling limit than to trade daily.

#1 and 4 for me, this leads to a loss because of overconfident in trading i also experience that feeling when i won trades consecutively and after having such good amount of profit i started to trade and add more amount to trade and the result was loss that day, Overconfidence may lead to that kind of trading, and also it is connected to the #4 which is greedy if you are making profit the tendency is being more greedy on trading.

I think it depends on the coin where we choose to hold long time or doing daytrade because there are some coin that have potential to down and up so quickly so we could try to make profits daily, and also there are some coins that have potential in the future years and we'll hold it for a long time

As long as you are getting profits then whatever you are doing is fine, one of the things most people do not like about this market is that it is a complete meritocracy, you cannot tell the market to do what you want, you can either predict what the market will do and get profits out of it or you do not, and if cannot then you have no business being here because even if you try to trade the market will take all your money, but if you can then you will be part of the minority of traders that eventually will make a fortune thanks to their knowledge.

If you didn't know, the reality is full of negativities that will eat you up.

It is not always that negatives come your way, it is a part of your life and it will depend on how you will be controlling that into your advantage. If you want to be a successful businessman or entrepreneur, you need to work hard, and that is not just physical work but mental and emotional too. You also need to be educated so that you know what you are doing and what might happen. A lot of things that will happen will depend on how you would be handling things so you need to decide very carefully.

This isnt only applicable only on business but in all sorts of factors that is needed in your life not only limited to career but also in other aspects of life and all things that you are involve into.It all needs learning and adjustments for you to succeed.When it comes to trade then this isnt a simple thing
and it do takes time and effort for you to learn everything.

Life is indeed full of negativity and if you cant able to handle it well and goes to opposite way then it would be a problem.

When getting profit what ever you said for beginner and many other trader they will trust with your words, but although you are an expert but you miss chance for predicting bitcoin and altcoin based on your price maybe they will not respect anymore whit your words again, depend how lucky you are for getting back responsibility and respect form another people.

The problem with me is that I start feeling guilty thinking that my gain was somebody else's painful loss.

This is the most importanf thing for me, because with this it can change everything, we can win or we  can lose, a proper mindset is needed for us to make a right choice in everything. Trading and gambling needed a healthy mind so that we cannot lose our money just because of our emotional capability. This must be considered.

Focus is what we need and it follows a positive mindset. Anyhow, emotions are the rival thing in trading and you'll certainly out from focus if you allow these emotions controlled us. Handling these things is a step by step, you can't go over the top without struggling difficulties and have it settled down pretty quick will absolutely help us out from suffering big losses and get what we aim for.

Although these 4 reasons are true, but how can we avoid that is a very difficult lesson. Still when in the market traders often do this reason, even though the trader understands why he doesn't make money from forex trading. Anyways trading needs a lot more information than that, if I trade I have to rely on analysis rather than reasons why you can't generate profit.

Controlling our own emotions and feelings are what we need. Even if if we are good in fundamental and technical analysis but we are luck in controlling our own emotions, we will still fail. In order for us to successfuly execute our trades then we should focus on improving our trading psychology. It is one of the most important thing that we should improve.

yes yes! I was really absorbed in the psychology that I created during the first months of trading. I had lost quite a lot in the first period due to trading with an unstable mentality. I remember that in just 3 days when I correctly predicted the price of bitcoin to rise from $ 6k5, I turned my account up by over 300%. but with the overconfidence mentality that the article mentioned, I lost nearly half of what I earned after only 3 hours. This article really helps me to remind myself of my mistakes and help me better in the coming transactions. Thanks very much.

Trading not only requires experience or skills. But your target is managing profit or loss.Forex/Crypto trading actually has a risk. and we need to remember that most successful traders are usually lulled and feel in a comfort zone with the profits they always get so that they generate greed to get more profit.. prepare your mind before you trade, always remember risk management

There are risks in every investment, in order for us to gain profit we should handle the risks first. In cryptocurrency trading there are many risks, we cannot guarantee 100% winning rate because of the volatility of the cryptocurrencies. We can identify the perfect entries and exits in the market if we will use technical analysis but there are times that our biased did not get along, what I mean is loss is inevitable in trading.

having emotional control in trading is very necessary to be able to make the right decision when to make purchases and sales at the specified price to get profits and avoid losses. if we trade without emotional control, of course it will be easy to become a greedy trader, because in his mind only always expect big profits, but does not take into account the risks to be faced

In many tips, I find that discipline is very important. In the above article also mentioned mentality stability and the best state. We should keep the best attitude to be able to trade in the most alert way. in fact, you are dealing with as the experts did, but what we lose in them is psychology and discipline. This is the quote that I feel makes the most sense for this trade. So please plan and discipline before trading.

Overtrading I think is a result of being emotional when it comes to a trader who just lost some money they tend to become aggressive to trade fast like in 5 minute chart. I find it difficult in this level unless you are too good to monetize the leverage you got being a scalper. Its best yo check the charts in lower time frame from daily to weekly to identify where the market is going for the whole week.

I do agree but most importantly, everything is still needed for a trader to succeed. Trading is a complex job just like how gambling works. Some will be able to master trading on their own because it requires a lot of patience and endurance when trading. Applying different techniques and strategies to suit what's best for your trading strategy.

Traders need to be patient. There are a number of points traders need to follow in order to have any profits from the trades. All the 4 points mentioned over the source you mentioned are true and they need to be followed but any trader can't just start trading considering those 4 points. traders need to experience few things on their own and they also do need to have some loss in order to gain knowledge about what trading actually is.

Trading has huge profits and it is what makes a lot of peoples make mistakes like overtrading, etc which each time lands them into loss. Human nature has a greedy base and no matter how intelligent we become, we always have that greed somewhere in our minds making us cause some of those mistakes.

Unless you scammed someone then you should not feel sorry or guilty about your profits, if you are going to use that kind of thinking then you should feel guilty about every single dollar that you get, after all if you work hard at your job and your boss pays you then he is losing money in order to pay you and yet you do not feel guilty about being paid for your job don't you? This is the same, if you do a good job in the markets then you are going to get paid but if you don't then you are the one that needs to pay the market.

If predicting loss was that easy I am sure none of the traders would actually have to undergo any losses. Peoples have different strategies which makes them able to trade and have profits and with deep TA we can really make sure we do not go for loss buy building exact entry and exit points for us but it might not always go according to our research.

Cryptocurrencies have a volatile nature and trading with them might give us huge profits as compared to forex trading but the amount of loss too remains constant because of their volatile nature the price can quickly move up as well as it can even move down at the same speed. Analyzing forex markets is easy and it might also give us profits because of them being centralized and those markets are not that volatile as the cryptocurrency markets.

Market are very unstable, many uncertain things are happening, we cannot conclude what will be happen for the next 24hrs or an hour, we should also consider that this year halving will expectedly to happen, expect some bitcoin price correction as well. Traders needed to accept failure to predict coin prices  especially for the beginner.

Cryptocurrencies have volatile nature. This is advantageous sometimes and could become a reason for loss as well. Actually volatility of the coins is a necessity of the digital market. Constant prices are not preferable when utilization is to be done at such a large scale. Moreover cross border transactions occur very commonly that serve as a balancing factor that keeps the things moving smoothly.

Funny, I was thinking about this today. What I feel guilty, I guess you can say sorry for people who are new to this, don't know much and innocently lose their money. Or people who had no idea of crypto being told by a friend or family member to invest in this, they trusted them and then lose it all. Like I feel really bad for such people, and the regret that they must feel.

You should not feel sorry for such people. There is nothing you can do in this situation. There are a lot of people who would follow the instinct with just few details and that is what derives a lot of new investors to invest in bitcoins just because they were been suggested to invest. In this situation, they would never consider the current price and would enter the markets at any price they feel convenient.

Majority of such traders end up buying at the peak and that is what makes them bear the loss. Any kind of investment should be treated a lot cautiously as there is no way in this entire globe where you could simply earn benefits just for the capital you invest. You also have to use your brain in such investments.

Successful traders must have some good qualities , he must know completely what he is doing with his money , how discipline trader is while trading risk management if traders think that just by  doing non sense things he will earn money then obviously he will lose

This is nothing which would make you a professional trader overnight so it is always better so start with minor things first. Learning how to trade would surely take some time and you need to devote maximum time if you ever want to have profits from trading.

There are a lot of factors which should be considered before moving on trading. Forex trading and crypto trading does not have much difference just the major difference is about the high volatility of price. Rest, we can see similar methods of trade, same patterns, risk management, etc in both the trades. Newbies have a huge journey of knowledge in order to become a professional trader.

For me, being confident is very essential in trading but when it is too much (Over-confident ) then it will probably affect you negatively especially in your financial income. In addition to that, the market conditions are always changing from the best to worst, but you need to analyze every event and then deal with it smartly and without rushing. Furthermore, I am pretty agree with the third point, being greedy is one of main reasons that leads to financial losses, you sould control yourself especially in the worst moments.

For those wanna be traders who thinks that they can easily learn trading in just a day are dumbs and idiots, trading is a process; you cannot learn all the information in just a day or even weeks. We need passion and commitment in order to become professional or a sucessful trader. Those professionak trader have sleepless nights and sacrifices in order to reached that kind of level. I've been trading for years but still I'm a average trader and I still need to study in order to increase my knowledge and develop my skills.

For speculative markets such as crypto, stock market, forex, any type of technique or methods are fully applicable according to the trader at your disposal and according to what you want to believe and apply. The reasons why the crypto market is giving so much to talk about is due to its high transfer facilities and that from one moment to another it can be worth a lot, where volatility can be used for or against our movements. In any market there are gains, losses, Strong Hands and without a doubt many times the market moves by emotions and fundamentals.

There is no rush thing in trading , we need to put everything in a process wherein, understanding the market, how to trade effectively will be improve once we now be able to learn it, few more years and few more losses is a part of the game and part of the trade, just understand everything and it would be worth it, a lot of patience is really needed, not only skills nor knowledge , all of them is needed.

i don't think there is stupid trader that will have this mindset?doing nonsense and earning?lol even noob will not fall from this foolishness.

this involved our hard to earn money and just like that we will lose it?not unless that said traders can spend millions of dollars because he can afford so?then why not but for people like me who is looking for investment to earn?no way that will have this mind thing.

This is pretty much given at this point. Being a trader comes with its own pros and consequences that you should be aware of beforehand before taking the bait. If in any case it's way better if we can suggest something like creating a dummy account that you can use to test the waters and particularly tweak objects in your investment strategy that would need further improvement. I believe that is one of the most useful tips and tricks we can give to help a fellow investor here.

I gave my take on this topic based on experiences that helped me build myself as an investor. I hope this works for you too.

you got it correctly mate because that is why we have options to choose on what kind of investors will fits Us.
because it is not easy to deal with daytrading since most of the failed investors here do that trading by Day and it is not easy.
best option to deal in crypto investing is Semi long term holding or Long term because in this we can minimize the chance of losing because we can take time to decide and wait,the only problem is if there are emergencies occur along the way that we need to dispense our holdings earlier than expected.

Believe me or not but there are a lot of them.

An investor is not always that experienced or knowledgeable, they also have their time where they create mistakes and not think of these things. They think that just by putting your money into Bitcoin, it will create a profit for them in time. They thought that just by putting their money into an investment, it will just provide them a good profit, they do not think of the risk they are taking nor how to minimize that risk.

There is still people who talk about "what if I bought at $20k, long term investment wouldn't help me in that situation" to try to diminish the power of long term investing, it turns out tho, they are even wrong about that. How? Well the quick answer is, you would lose less and not profit however that is something better than all other options.

Normally, people who would lose money at $20k, could just hold and sell now and still would lose less than people who would sell at 3 thousand for example, which means if you wait long enough its always better option. Best case scenario is to wait even longer, one day $20k will be broken as well and you will profit, if you bought at any other time in history there is a bigger chance you profiting right now as well, there are very few days in the past 10+ years of bitcoin that was over $10k.

Thank you for sharing that kind of article, it is really indeed of those reasons. Many traders may feel that kind of addicting in trading such as "Being motivated with greed" many traders wants to make more money than others so that they'll feel more eagerness to earn in trading. They want to earn faster, so that it may results a big lose  of you profit in every trading, it is much better to take things slowly but surely because it may avoid you from being a greedy trader. When you noticed that you start being greed to earn money, try to do other things that lowers your adrenaline in trading such as playing basketball it may help you to relax your mind.

I like this piece! I should say that I agree that the same reasons are applicable to crypto trading. Honestly, I don’t understand why people keep on making these mistakes while there are so many sources to learn how to avoid them. :o I don’t mean to praise myself but I’ve managed to learn how to adapt to market conditions during the first year of my trading. Now, I can use advanced trading exchanges like https://cexbro.com/ and be confident enough in the process. I guess nearly everyone can make trading effective with enough knowledge.

And sometimes it is best to take a break. I have seen a few people that will start trading and losing, and instead of them to quit and continue another day, they still keep trying and chasing the loss and in the process of doing that they keep losing more and more money which is very bad, and at the end of all that they still don’t achieve anything.

People really should know when to stop trading. If it’s not working out for you today, you should just leave trading for the day and relax your mind to continue another day. Lastly, I would like to say that the fourth reason that was stated in the article from the link you posted, which is Greed, it’s very important that we find a way to get rid of such. Greed is very bad and will lead you to costly mistakes.