Bad Psychology of Traders

[tuljan]

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 problem about traders is that, they tend to invest when the market prices are still high and they will complain their loss when the prices dump after a few months due to volatility.

You mean the problem with BAD traders is all that. The real problem with most crypto traders is that they don't believe in coins they buy, they just want more money so when the prices fall they sell in panic.

[escalante28]

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?

Let me give you this advice, when your are doing trading you must control your emotion. Forget the words what if, because it give you lot of doubt and fears. Don't  be desperate you must be patience and don't  panic. Depression  can't help you. There is always hope. You must be positive all the time.

[Khuletzky]

Emotions is really hard to control,even expert and long time traders has still have some emotions when the token they buy dump that much,except when you buy it and goal is for longterm hold and also,you buy it believing to its huge potential in the market. When you decide to become a trader, get yourself ready for whatever that may happens in your money,in your investment because in trading life,there's only 2 options,you just win or loss.

[Adrin]

Recently too many people start cryptocurrency trading. Most of the trader can't control his emotion, this is the first bad psychology for maximum cryptocurrency trader. When they lose money on that time trader should stop trading but most of the people can't stop trading, for this reason, most of the people lose his money.  In a few traders can control his bad psychology and they are successful in trading.

[nostrings]

The number 1 thing in trading is don't get too greedy and don't get emotional over trading.  There is an old saying "pigs get slaughtered" Take profits when you can and don't try to time the top.

[tuljan]

The number 1 thing in trading is don't get too greedy and don't get emotional over trading.  There is an old saying "pigs get slaughtered" Take profits when you can and don't try to time the top.

That's why you can make nice money of daily trading when you skim the 1-2% off top and stop loss saves you form drops. You get what you can and run.
But I prefer hodling, less stress and work.

[Faxmate]

I think the bad thing is that many traders deceived other people just to obtained easy money even that thing came from illegal thing,
it is better to act in the line of right instead of doing bad things.

Those who does bad then one day bad will happen to them, so it is good to sue the better and the real way of earning then distracting your path and getting the wrong way, I am sure some of them are doing this but most of traders and really nice and well-mannered who will only guide you well about trading, those traders who are greedy by nature never gets good profit as compare to those who are patient so I think all traders should have patient heart,

[katrimans]

The number 1 thing in trading is don't get too greedy and don't get emotional over trading.  There is an old saying "pigs get slaughtered" Take profits when you can and don't try to time the top.

Well I would say that there is no such thing as greed in trading or in business. In business, you have only one quest and that is to maximize your profit and utility irrespective of what common people may call you and I think as long as you are earning big money in trading, it is good to be greedy. Besides, what is the point of investing in crypto if you do not want to earn big just because you might be called as greedy. Time to change the mind set.

[manismanja]

I think the ugliness of psychology experienced by the traders in my opinion they will be very easy to attack in a sense of panic because when the price down will certainly be a lot of panic.

[Efiraboy]

I think the ugliness of psychology experienced by the traders in my opinion they will be very easy to attack in a sense of panic because when the price down will certainly be a lot of panic.

When a trader is not stable in terms of psychology then definitely he will make many errors which will eventually resulting in destroying his trading plans. Being greedy and getting panic are the few examples how one trader may destroy his own trading plans and ending up in big losses.

[BariaczRoni]

Exactly that is the emotion. When you lose money, you need to relax so that emotions no longer affect trading. Emotions that affect trading will be very easy to lose more money and can go bankrupt.

[focacho1]

Trading is unnatural for the mind type of activity. So, 95% can't trade even it seems simple when you watch it from outside.
But when your money are in... you make many mistakes that seems stupid for not traders.

[typertees]

i have some issues of it. being impatience and doubtfull about my decision making.
but i think it just a fundamental issue of person. good traders has a good fundamental, believe in the decision that he made. but i dont know, just my opinion

[webdevmastery]

i have some issues of it. being impatience and doubtfull about my decision making.
but i think it just a fundamental issue of person. good traders has a good fundamental, believe in the decision that he made. but i dont know, just my opinion

The best thing to do is basically research about the cryptocurrency market and different news that might affect the market's demand and supply in order to have a strong decisions about cryptocurrency.

[Bezobraznike]

i have some issues of it. being impatience and doubtfull about my decision making.
but i think it just a fundamental issue of person. good traders has a good fundamental, believe in the decision that he made. but i dont know, just my opinion

The best thing to do is basically research about the cryptocurrency market and different news that might affect the market's demand and supply in order to have a strong decisions about cryptocurrency.

   You can have strong decisions about trading, but that doesn't mean much in
crypto-world. Market moves in different directions, it's hard to predict that.
   Bad psychology of traders is best seen in their control of emotions when prices
are dropping, most of the traders fall in desperation. What they do is called
"panic selling" and they sell yo cut loses but they lose money, cause soon after price
recover. They buy on tops but we all know what that means.
    The best thing is to invest and hold. Don't regret later, buy and hold now.

[BitcoinHunt3r]

i have some issues of it. being impatience and doubtfull about my decision making.
but i think it just a fundamental issue of person. good traders has a good fundamental, believe in the decision that he made. but i dont know, just my opinion

The best thing to do is basically research about the cryptocurrency market and different news that might affect the market's demand and supply in order to have a strong decisions about cryptocurrency.

   You can have strong decisions about trading, but that doesn't mean much in
crypto-world. Market moves in different directions, it's hard to predict that.
   Bad psychology of traders is best seen in their control of emotions when prices
are dropping, most of the traders fall in desperation. What they do is called
"panic selling" and they sell yo cut loses but they lose money, cause soon after price
recover. They buy on tops but we all know what that means.
    The best thing is to invest and hold. Don't regret later, buy and hold now.

that is what must keep in trader's mind. but nowadays there are a lot of daytrader who only know buy and sell and panic. that can cause bad thing for market too because even it is not directly, they help market to get dumped

[slyfox]

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?

Because many people have the wrong idea of what trading is about, while it is obvious that this is about earning money at the same time they think they need to make very risky trades in order to make money, but in fact the first thing you learn in a book about trading is that you need to make very safe trades, your first goal as a trader is just to survive the market since most people lose all their money in just 6 months, if you can do that then you are ready to get profits, but people want to get profits from day one and that is impossible.

[BariaczRoni]

When you want to become a trader, you must not let emotions affect trading. You are satisfied when there is profit, whereas when you lose, you need to know patiently waiting. You can stop trading to ralax, until your emotions are stable you can continue

[nieninja53]

I think some traders who have no strategy or if they have a strategy than there is no power in strategy because they fail to work with patients according to this strategy and when the time of the market go to the down they start panic sale and only bear loss this is the bad psychology of some traders.

[TitanGEL]

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?

Most of the traders are losing their money because they are not making good decisions, panicking is one of the main reasons why they keep experiencing losses. It is really better if we are always thinking positive.