What kind of worst decisions do you take when trading?

[nicolas1979]

If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

My worst decision only buy too high and sell too low, just like you did. From this mistake, I learn to use stop loss to minimalize loss. But my first mistake with trading is trying with real money without knowledge. Lost almost 40% from my money in just 15 minutes. Mistakes is good to learn how to deal the real market, just need hard work to understand. Good luck.

[hasmukh_rawal]

taking part in pump and dump was the worst decision i took. it made me a bag holder. lost my precious coins.

[finzyoj]

If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

My worst trading experience is the ETT, I trade some of my ett in small amount, it is ok because I need a money for my allowance and finacial needs. The next is, all my ETT was trade to bitcoin, I sell it in high price but the moment I convert it to local currency, shit it is dumping, I need a money for my mother's medicine. As what I observed the price is continuously dumping because of the news on august 1. So I have no choice, I convert it to local currency. After 3 days, I see the market price, shock the price is high, I lost almost 15k in peso.

[betlord90]

If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

My worst trading experience is the ETT, I trade some of my ett in small amount, it is ok because I need a money for my allowance and finacial needs. The next is, all my ETT was trade to bitcoin, I sell it in high price but the moment I convert it to local currency, shit it is dumping, I need a money for my mother's medicine. As what I observed the price is continuously dumping because of the news on august 1. So I have no choice, I convert it to local currency. After 3 days, I see the market price, shock the price is high, I lost almost 15k in peso.

Theirs so many people regretting to not sell when buy walls are available on dex and tidex since look what happen after they lift out those walls the price seems go down for more and its pretty awfull to see that this coin is getting hard time to recover again since the price fallen for deepest part of its price. But who knows maybe someday it will pump and people can gain more with this.

[gabbie2010]

My worst decision in trading was when I was to trading forex without a stop loss, I watched helplessly when the price moved against me and wipe all my fund fortunately for me I was trading with a small amount of money I actually learnt a lesson while trading forex, stop loss is a must for me regardless of the price movement.

[weblouartisan]

If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

My worst decision only buy too high and sell too low, just like you did. From this mistake, I learn to use stop loss to minimalize loss. But my first mistake with trading is trying with real money without knowledge. Lost almost 40% from my money in just 15 minutes. Mistakes is good to learn how to deal the real market, just need hard work to understand. Good luck.

All the beginner traders are dealing with that kind of mistake because they still do not have a good analyzation about the coin they are investing and probably they will not know what is the best coin to invest if you are just starting to trade. The basic thing to know about trading is buy when low then sell if the price rise up again and my biggest mistake is i always panic when my coins value are going low and i think that's every beginner's problem because at that time they sell their coins at the lowest price they can.

[Lanatsa]

If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

My worst decision only buy too high and sell too low, just like you did. From this mistake, I learn to use stop loss to minimalize loss. But my first mistake with trading is trying with real money without knowledge. Lost almost 40% from my money in just 15 minutes. Mistakes is good to learn how to deal the real market, just need hard work to understand. Good luck.

All the beginner traders are dealing with that kind of mistake because they still do not have a good analyzation about the coin they are investing and probably they will not know what is the best coin to invest if you are just starting to trade. The basic thing to know about trading is buy when low then sell if the price rise up again and my biggest mistake is i always panic when my coins value are going low and i think that's every beginner's problem because at that time they sell their coins at the lowest price they can.

I do strongly believe that panic selling is the most common mistake of newbies even on some people do have experienced already on which they do still panic when they saw that their portfolio is on reds but well this kind of mistake would really mold us later to be a better trader later on and would really gain experience along the way.

[Dart315]

The worst decision I have made recently was buy buying XRP at around 19000 satoshi and price is less than half right now so already in 50% loss 
Don't know why I have bought it at that high price, price have touched over 22,000 satoshi and dropped to 19k so I thought it will have another round of pump but in reality it dumped hard 

 
I bought XRP in july as well. The hype in telegram's communities around XRP is ridiculous. Now I think it's just a prank to tease a newbies.

[rublix]

Worst thing you can do is use indicators.

Traditional support and resistance beats any type of indicator based on historical data. The market tomorrow has no reflection from whats happened in the past. If the market last year crashed in September, doesn't mean this Sept it will crash as well or even be lower.

[entrepmind23]

Panic when the price suddenly drop and then sold at a loss but then when I look at the chart again, the price is slowly going up and if I did not panic then it should have been a profit not a loss. During this time, I just hate myself because I always say don't trade with your emotions but then when a situation comes like this, I just can't control it because I am afraid of losing more.

Then to get back my losses I would trade even if I know that it will be a pump and dump and then due to my internet connection being so slow sometimes, I was able to buy at the top and see the price slowly going down and I don't have an opportunity to sell anymore so I will sell it at a loss again and after some time price will go back up. Well, I just hodl next time even if it will take a long time, my target price would be eventually reach. At least, I did not sell at a loss.

[ipanks]

i remember that last night i am a bit rush when i selling lisk because after i selling, the price is increase until 0.0017xxx but i sell it at 0.0013. although from selling lisk i am making profit but i think if i can be patience for a while, i think my profit will become bigger. but i am not disappointed because at least i can make profit 

[Qunenin]

Every decision that we have made during trading has serve one of two purposes it is either made us money or it is taught us a lesson. Therefore there are no mistakes that have been made. Obvi upside with made a lot more good decisions than we have bad decisions. And the same goes for all of my clients.

[sulendra12]

It's not worst decision but it's usually happened in my day, when I buy a coin the price keep decreasing after I bought and lead to lose or I have to wait more than a month to sell it and vice versa, If I sell a coin the price keep increasing and make me regret to don't wait for a while.

[Baiazid]

My worst decision was to buy stellar lummens at the top

[joganuts]

If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

my was not a wrong decision per said but I mistake click buy instead of sell in one of my trading ordered and I lost heavily through that mistake. Many people has different experience during trading and I have also buy a coins when the price is too high and before I know the price will drop as if it was waiting for me to drop.

It is a bad thing if you buy and sell again when you pressed it mistakenly. Because I actually happened to me. When I am dealing to sell my Bitcoin I press that buy again wasting some of it because there is a gap on buying and selling Bitcoin in terms of time and fess on transaction. Yet is is the common in mistake that could ever happen to traders.

[ssuchy]

June 10, 2017, 01:33:00 PM
Reply with quote  #4
My worst decisions were usually selling BTCs I had to USD.... although I made some really nice returns few times, if I never sold my BTCs I would be very very very rich now  Roll Eyes

If we take into account the events of a decade ago, then many users sold their Bitcoin practically for a pittance. But today when you see what the price of Bitcoin, You can even tear your hair on the head From despair. But this can not be helped. Today it happens when the rate falls a little, And the money is very necessary, you have to spend no matter what. That's really possible to consider a mistake.

[777Bitcoin]

The worst trading experience for me is the day I refused a friend by giving me 0.05 bitcoin an exchange 20$ I still considered it trading as it can also be called bargaining. When I heard about it I just laughed at him without knowingly making myself a fool. It is 200$ plus at this time that's a huge setback to me.

[Sled]

The worst decision that i did when trading is to sell my bitcoins for a lower price than i bought because it was a panic selling situation and most of the people are also selling so i did the same and i don't think for holding it for long time because i was just a newbie and i lack in knowledge so i don't have idea but to follow on what others doing.

[Dart315]

The worst decision that i did when trading is to sell my bitcoins for a lower price than i bought because it was a panic selling situation and most of the people are also selling so i did the same and i don't think for holding it for long time because i was just a newbie and i lack in knowledge so i don't have idea but to follow on what others doing.

When you did it?

[Valzzz005]

If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

I think the worst thing that I've done so far was selling it immediately when the coins had an exchanger. Because I just sell it in a small amount of money, and I didn't thought that the price of it will pump. And after a month the price rise even triple the price that I sell it. I felt disappointed that I should hold it for a little bit longer and wait for the pump. So now I learned my lesson that dont sell if the value seems too low because it will always rise even a little bit. And that what I'm doing to all my altcoins for now.