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Author Topic: Bad Psychology of Traders  (Read 2800 times)
gawer33
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March 20, 2018, 03:05:14 PM
 #221

not only psychology but emotions, good traders should trade like a bot no emotions just strategy good or bad emotion can affect our strategy. technical analysis >>>> fundamentals is a must thus T.A. reflect peoples trading activity/statistic so more probable movement is predicted.

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Markperop
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March 20, 2018, 05:25:24 PM
 #222

not only psychology but emotions, good traders should trade like a bot no emotions just strategy good or bad emotion can affect our strategy. technical analysis >>>> fundamentals is a must thus T.A. reflect peoples trading activity/statistic so more probable movement is predicted.
The fact is that people always manage their emotions, and at the same time it's very hard to keep sound mind. And everything happens first of all because people work with finances on the second stock exchanges.

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Activitycoin
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March 21, 2018, 09:55:50 PM
 #223

Why most of Traders have bad psychology of trading they keep lose more and more and can lost his account and they left quickly when operations is winning?

The bad mindset of the trafers is that they always want the profit to come in their wallet as instant as possible but thats not hownit works because it needs time and efforts in order to gain a lot of money in this business. If you are lacking of patience in this thing you will never meet the expectations you ever wanted because you akways want an easy profit but nothing is easy nowadays you need to wait for the right time bedore it will get into you. And always be positive as much as possible

Usually a newbie mistake. With experience will come realization that trading isn't something that assures easy and quick money. When the losses pile up and lessons are learned, then this mentality you're talking about will be discarded for a more mature approach to trading.
Yes from day first I am saying that trading is risky so it is very important to be careful risk is not higher than profit but I think it will be good in future, if you will plane well trust me there is no risk or lose in trading but only profit, most of time new users says that if I will hold my bitcoin for more than one or two years it will be hack or it will be no more profit but it is not true people, buy bitcoin and always trust yourself so you will  not get lose in any kind of circumstances, no matter price is low or high.
nl247
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March 22, 2018, 11:23:21 AM
 #224

Because what is happening does not meet their expectations, they do not have a clear plan, chaos and confusion in the mind appear. It can be when you have big win or lose... It's called tilt

Normally, once there is no clear plan or strategy, such a trader is doomed to fail. Every market is complex in their own way and cryptocurrency is even more complex. If you have no knowledge as a trader, it is just more like adding oxygen to the fire in the face of a burning house.

It is just normal for either a trader to get greedy or lost by just applying buy low sell high rule without knowing any other thing to do to always play safe which balls down to knowing how to do some good analysis and even knowing when to exit if analysis ends up going wrong.
Dontme
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March 22, 2018, 11:34:50 AM
 #225

Why most of Traders have bad psychology of trading they keep lose more and more and can lost his account and they left quickly when operations is winning?
Emotional is the most main in the trading it is not only psychology or anything but it's our emotions. When you keep on doing trade with your emotions then you will only lose. Just like in some quotes You will never lose when you not sell.
Tamilson
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March 22, 2018, 02:27:04 PM
 #226

Why most of Traders have bad psychology of trading they keep lose more and more and can lost his account and they left quickly when operations is winning?

The bad mindset of the trafers is that they always want the profit to come in their wallet as instant as possible but thats not hownit works because it needs time and efforts in order to gain a lot of money in this business. If you are lacking of patience in this thing you will never meet the expectations you ever wanted because you akways want an easy profit but nothing is easy nowadays you need to wait for the right time bedore it will get into you. And always be positive as much as possible

Usually a newbie mistake. With experience will come realization that trading isn't something that assures easy and quick money. When the losses pile up and lessons are learned, then this mentality you're talking about will be discarded for a more mature approach to trading.

Emotions play a vital role here and no one is exempted to feel this and some didn't know how to control it. Maybe some experienced traders knew what to do in times of trouble but not all experienced traders stay calm as they somehow panic and still do stupid things.

Better learn to control it whatever it may cause even in the hard way.

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March 24, 2018, 03:21:45 PM
 #227

actually a quick turn is the one in the search for professional traders they move from one type of coin / asset to the other they always find opportunities, when prices go up or down.
Apparently, finding opportunities is one thing that makes a trader different from a self-proclaimed trader without any skill or knowledge about trading. Once you know what you are doing anyway, you will always get confident over time and you will get to make good decisions from the knowledge you have gained without just gambling anything in the market.

Many people who get emotional today always have this notion of buying low and selling high without knowing a single way to analyze their position before even getting in and when things turn awry, they start shaking and sweating.
Rizky Aditya
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March 26, 2018, 09:56:17 AM
 #228

Why most of Traders have bad psychology of trading they keep lose more and more and can lost his account and they left quickly when operations is winning?
Emotional is the most main in the trading it is not only psychology or anything but it's our emotions. When you keep on doing trade with your emotions then you will only lose. Just like in some quotes You will never lose when you not sell.
Emotions are the fundamental part of the study of psychology. Emotions comprise and constitute our personality and direct most of our actions. We need to take help of psychology in order to understand and control our emotions.

That is a fact, those who are badly influenced by sentiments they are not much successful in practical life and same is for crypto traders. They need to take decisions based on facts.
kramr
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March 26, 2018, 09:57:43 AM
 #229

Boils down to your mental game and the way you described it those people have bad mental game and that is why they have a various amount of leaks. Only when you plug those leaks can you begin to strive for excellence!
Daimon88
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March 27, 2018, 12:11:37 PM
 #230

actually a quick turn is the one in the search for professional traders they move from one type of coin / asset to the other they always find opportunities, when prices go up or down.
Apparently, finding opportunities is one thing that makes a trader different from a self-proclaimed trader without any skill or knowledge about trading. Once you know what you are doing anyway, you will always get confident over time and you will get to make good decisions from the knowledge you have gained without just gambling anything in the market.

Many people who get emotional today always have this notion of buying low and selling high without knowing a single way to analyze their position before even getting in and when things turn awry, they start shaking and sweating.
There is diversity in traders. No two traders are even same then how can we assume this ocean of traders in which some are experts, some are medioct, some are low and some are just newbies. Definitely everyone will take things differently. The dire need of time is to get the basic knowledge for newbies because this only type of traders only suffers from big losses. They must be taught well.
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March 27, 2018, 12:24:16 PM
 #231

actually a quick turn is the one in the search for professional traders they move from one type of coin / asset to the other they always find opportunities, when prices go up or down.
Apparently, finding opportunities is one thing that makes a trader different from a self-proclaimed trader without any skill or knowledge about trading. Once you know what you are doing anyway, you will always get confident over time and you will get to make good decisions from the knowledge you have gained without just gambling anything in the market.

Many people who get emotional today always have this notion of buying low and selling high without knowing a single way to analyze their position before even getting in and when things turn awry, they start shaking and sweating.
There is diversity in traders. No two traders are even same then how can we assume this ocean of traders in which some are experts, some are medioct, some are low and some are just newbies. Definitely everyone will take things differently. The dire need of time is to get the basic knowledge for newbies because this only type of traders only suffers from big losses. They must be taught well.
even though you have to learn them for everything but in some other time too there is some of the way wherein some newbies needs also to be as what we can say that they have to be learned for and they have to be as one of the thing wherein they have to make it and not by the help of other but by them.

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Borisb52
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March 27, 2018, 12:30:03 PM
 #232

Why most of Traders have bad psychology of trading they keep lose more and more and can lost his account and they left quickly when operations is winning?

It seems to me that in order to successfully trade in the crypto-currency market you need to be a good psychologist. In order to understand where the masses are moving. And good psychologists are very few. Many traders simply do not understand what is happening in the market. And so they lose their money.
mrproblem
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March 27, 2018, 12:32:24 PM
 #233

I think more than 50% of the topic writers in here are traders and I believe more than 50% of them don't have a bad psychology now.
gates
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March 27, 2018, 12:34:01 PM
 #234

Each one, who are into crypto should be emotionally and psychologically stable. We all understand the hypothetical risks of losing. The weak sell the coins not in time and "the winners" get benefit from that.

ivandu
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March 27, 2018, 12:38:41 PM
 #235

Why most of Traders have bad psychology of trading they keep lose more and more and can lost his account and they left quickly when operations is winning?

It seems to me that in order to successfully trade in the crypto-currency market you need to be a good psychologist. In order to understand where the masses are moving. And good psychologists are very few. Many traders simply do not understand what is happening in the market. And so they lose their money.
psychology could be the key to be successfull trader.some of them have good skill about technical analysis.but still suffering lose their money.maybe it caused they could not control their emotion and psychology.
Supercrypt
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March 27, 2018, 06:08:27 PM
 #236

Why most of Traders have bad psychology of trading they keep lose more and more and can lost his account and they left quickly when operations is winning?
Emotional is the most main in the trading it is not only psychology or anything but it's our emotions. When you keep on doing trade with your emotions then you will only lose. Just like in some quotes You will never lose when you not sell.
Emotions are the fundamental part of the study of psychology. Emotions comprise and constitute our personality and direct most of our actions. We need to take help of psychology in order to understand and control our emotions.

That is a fact, those who are badly influenced by sentiments they are not much successful in practical life and same is for crypto traders. They need to take decisions based on facts.
Undoubtedly true. It is a general part of life but the only way we can curtail it whenever it comes to trading is to learn how to trade.

It would be easy to get rid of any form of emotion in this case because at that moment, you are really helping yourself get ahead in your level of thinking and the making of decisions which you will find hard to do without the knowledge and the main reason so many people fail but if you can get this out of the way, you will always be good to go.
biboy
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March 27, 2018, 07:38:34 PM
 #237

Why most of Traders have bad psychology of trading they keep lose more and more and can lost his account and they left quickly when operations is winning?
Emotional is the most main in the trading it is not only psychology or anything but it's our emotions. When you keep on doing trade with your emotions then you will only lose. Just like in some quotes You will never lose when you not sell.
Emotions are the fundamental part of the study of psychology. Emotions comprise and constitute our personality and direct most of our actions. We need to take help of psychology in order to understand and control our emotions.

That is a fact, those who are badly influenced by sentiments they are not much successful in practical life and same is for crypto traders. They need to take decisions based on facts.
Undoubtedly true. It is a general part of life but the only way we can curtail it whenever it comes to trading is to learn how to trade.

It would be easy to get rid of any form of emotion in this case because at that moment, you are really helping yourself get ahead in your level of thinking and the making of decisions which you will find hard to do without the knowledge and the main reason so many people fail but if you can get this out of the way, you will always be good to go.
I did panic but not that expert, if you are in the situation, you will do panic too as it really cracking  my nerve whenever I see that my investment or trading was dropping, I am just lifting up myself and just seeing some person how and what they are doing when those times occur in them.
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March 28, 2018, 08:32:50 AM
 #238

Boils down to your mental game and the way you described it those people have bad mental game and that is why they have a various amount of leaks. Only when you plug those leaks can you begin to strive for excellence!
If you are referring to leaks as emotion and ignorance, then I would definitely agree with you 100%. I always believe the real reason why so many people get emotional is because they are always ignorant and they just gamble their position in the market which is what always make pros different. As a good trader, you already know what to look out for based on your knowledge and you are not just making decisions blindly, as those blind decision making is what definitely sets in emotion.

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Mia_pikachu
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March 28, 2018, 08:46:18 AM
 #239

Why most of Traders have bad psychology of trading they keep lose more and more and can lost his account and they left quickly when operations is winning?
if I think the new traders who do such things, loss or loss if I think it's a mistake the traders themselves, impatience and panic can make a trader will lose big, loses and losses they will experience.
Hassan02
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March 28, 2018, 08:48:20 AM
 #240

Boils down to your mental game and the way you described it those people have bad mental game and that is why they have a various amount of leaks. Only when you plug those leaks can you begin to strive for excellence!
If you are referring to leaks as emotion and ignorance, then I would definitely agree with you 100%. I always believe the real reason why so many people get emotional is because they are always ignorant and they just gamble their position in the market which is what always make pros different. As a good trader, you already know what to look out for based on your knowledge and you are not just making decisions blindly, as those blind decision making is what definitely sets in emotion.
and for what they just wanted is to have money and they want to always win for cause they may finally knew that everything here could be some of the reason that they may have to make some earning and they dont want to make some loss but this is everybody that may ever to experience for as a traders.
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