sinta23
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DogData
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February 08, 2019, 03:02:37 PM |
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Persistence is very important, and patience as well. Those who panic always loose. They easily take the wrong decisions and later, they always regret it.
that is true because patience is very important for us to succeed in trading, because there are already many people who fail because they are always emotional and greedy even though when trading, never use both of these traits
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joromz1226
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February 08, 2019, 04:59:11 PM |
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I think the top reason why traders are failed in trading is greedy,inpatients, lack of knowledge and no have yet experience in trading.I know that trading is basically buy low and sell high.but not just to think.it needs to view the project of you're coin that you trade that's why many traders have loss.its just because they don't know the project of coin if good future or not.
Most of the traders today are failing because they are all impatient, most of them tend to sell their coins at the lowest price when the market is dumping its price and from there they are losing a huge amount of their investments. Aside from they are impatience mate, most of them too became out of control in terms of controlling their emotions. majority of them are easily got panic when the price rapidly got down which is not supposed to be an action of a professional traders. They must know how to apply calmness when the market is down, instead of anxiety will be apply take the opportunity to buy token while the price was down then hold.
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Fredomago
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Leading Crypto Sports Betting & Casino Platform
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February 08, 2019, 05:42:26 PM |
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Persistence is very important, and patience as well. Those who panic always loose. They easily take the wrong decisions and later, they always regret it.
that is true because patience is very important for us to succeed in trading, because there are already many people who fail because they are always emotional and greedy even though when trading, never use both of these traits It should be removed while you are inside this business, emotions will always be the hindrance when deciding, you need to focus and keep any emotions out of you, build more knowledge and keep yourself strong when some unexpected things happen, don't be move without thinking twice and analyze everything.
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rapsa2018
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February 08, 2019, 05:58:22 PM |
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Top reasons that leads to fail in trading Being emotional. It's hard to control your emotions especially once prices go down and you see all your money go down the drain. The panic seller's attempts to cut losses has only hurt them more in the process and makes them end up losing even more. Unfortunately, FOMO takes over and this is what kills the newbie traders. Using your emotions will probaly lead you to lose everything.. Drifting through the wind. chasing the ones that are already pumping, which is very risky. You bought when the price is still high then price dropped and you are holding a bag of expensive coin. Don't put all your eggs in one basket. Diversity. Diversify your investments so if one falls, other investment may help you to recover. For best in the trading field you need these 5 things to be added in your check list, as all these five things are pillars of success here in the trading. 1) Solid Trading Strategy 2) Trade Plan 3) Money Management Skills 4) Reasons for Entries and exits. 5) Journal, News
P.s I have quote some people words from my last topic
Very nice advice since market is down everyone will know what is the different between this methods to help people reaching out on their goals to make it perfect Very satisfied.
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romero121
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Enterapp Pre-Sale Live
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February 08, 2019, 06:08:06 PM |
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Big mistake that leads to fail in trading is the targeted profit expectation. When the market is found to give a profit, it is good to make the buy and sell traded accordingly. Recently when the market was down, I was supposed to profit on selling an asset that I had in exchange for bitcoin. I ignored on targeted profit and due to today's sudden price pumping lost the profit and now it is down in value.
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bitcoinisbest
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February 08, 2019, 06:39:20 PM |
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Persistence is very important, and patience as well. Those who panic always loose. They easily take the wrong decisions and later, they always regret it.
that is true because patience is very important for us to succeed in trading, because there are already many people who fail because they are always emotional and greedy even though when trading, never use both of these traits Greed and patience plays really vital role in helping or breaking the money. if you stay invested and wait for the right time you can make lot of money with the good coins, but with the short term or restlessness like market not moving up if people do sell then they lose out he money making opportunity. Also if market is high and the goal you had set at a particular price when achieved should sell off rather than waiting and realizing later that it has started to crash and leading to cut in your profits.
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Hung Yu So
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Activity: 162
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February 09, 2019, 01:33:16 PM |
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There are MANY reasons why one can fail or fails usually, but common 2 are lack of strategy and wrong broker. The reason I consider broker as a major concern is that there are MANY brokers that play with a beginner and fool him. I have suffered myself with several such brokers, especially Instaforex, so I know this well!
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emberbekas
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Activity: 1904
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February 09, 2019, 04:08:01 PM |
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Have no target by keep holding the coins in the hope for more profits when there is a chance to reap the benefits and panic of selling when the market is in the down trend are the most common things that will lead traders to lose their money. Make targets and keep steady with it no matter what will happen could give a better experience in trading.
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mersal
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February 09, 2019, 07:56:20 PM |
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Top reasons that leads to fail in trading Being emotional. It's hard to control your emotions especially once prices go down and you see all your money go down the drain. The panic seller's attempts to cut losses has only hurt them more in the process and makes them end up losing even more. Unfortunately, FOMO takes over and this is what kills the newbie traders. Using your emotions will probaly lead you to lose everything.. Drifting through the wind. chasing the ones that are already pumping, which is very risky. You bought when the price is still high then price dropped and you are holding a bag of expensive coin. Don't put all your eggs in one basket. Diversity. Diversify your investments so if one falls, other investment may help you to recover. For best in the trading field you need these 5 things to be added in your check list, as all these five things are pillars of success here in the trading. 1) Solid Trading Strategy 2) Trade Plan 3) Money Management Skills 4) Reasons for Entries and exits. 5) Journal, News
P.s I have quote some people words from my last topic
what time considering by seeing plan which is the important things for a trader to get good circulation for his profit was making a trading plan without any plan you will not get the success at the correct period of time so it important to be prepared when you are trading.
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richcorner100
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February 10, 2019, 08:05:42 AM |
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According to my experience in crypto trading, i has been doing some mistake that bring me to loss much money. That mistake is no risk management ( did not use stop loss), greedy and not patient. So for newbie trader is need to learn how to manage this all emotional and skill about technical analysis only is not enough.
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Gheka
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February 10, 2019, 09:22:05 AM |
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According to my experience in crypto trading, i has been doing some mistake that bring me to loss much money. That mistake is no risk management ( did not use stop loss), greedy and not patient. So for newbie trader is need to learn how to manage this all emotional and skill about technical analysis only is not enough.
Indeed, the mistake of most traders is that they do not manage their emotions and risks, their emotions are often strongly influenced by market changes and fluctuations, the reason for these strong emotions is that they never mentally prepare for the worst situations, they always think too much about positivity, and the positive has made them subjective and cause them to fail. And this reason is also the reason for not managing risk, they never set stop loss, and that makes them slow a beat and there are no timely ways to handle and solve bad situations
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akram143
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February 10, 2019, 01:57:36 PM |
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I strongly believe that putting more attention on trading will definitely improve your profit because spending a lots of time will only be there way to experience more quickly and it is also improve your knowledge about trading so following the strategies are also important and you can make definitely a profit while following the right strategy.
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Best Dreams
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February 10, 2019, 08:26:01 PM |
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There are MANY reasons why one can fail or fails usually, but common 2 are lack of strategy and wrong broker. The reason I consider broker as a major concern is that there are MANY brokers that play with a beginner and fool him. I have suffered myself with several such brokers, especially Instaforex, so I know this well!
To avoid those brokers or whales new users should not trust them or they should keep holding when people tell them about falling price in market, instead of making foolish decision new users should try to hold and wait for everything to be normal, according to me traders fails only because of panic selling which should not be a part of traders journey.
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Oceat
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February 10, 2019, 10:36:29 PM |
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Persistence is very important, and patience as well. Those who panic always loose. They easily take the wrong decisions and later, they always regret it.
that is true because patience is very important for us to succeed in trading, because there are already many people who fail because they are always emotional and greedy even though when trading, never use both of these traits It should be removed while you are inside this business, emotions will always be the hindrance when deciding, you need to focus and keep any emotions out of you, build more knowledge and keep yourself strong when some unexpected things happen, don't be move without thinking twice and analyze everything. In other words, you have to be tough to your own decision no matter what happens because if you have the slightest doubt in your mind. It could ruin your entire trading method and your focus, that's why trade according to the market and not with the news and put aside those emotions for a while. Most traders are suffering from that kind of behavior and don't know what to do after that's why they kinda suck in the trading.
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3996
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kotajikikox
Full Member
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Merit: 207
★Bitvest.io★ Play Plinko or Invest!
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February 10, 2019, 11:53:53 PM |
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Persistence is very important, and patience as well. Those who panic always loose. They easily take the wrong decisions and later, they always regret it.
that is true because patience is very important for us to succeed in trading, because there are already many people who fail because they are always emotional and greedy even though when trading, never use both of these traits It should be removed while you are inside this business, emotions will always be the hindrance when deciding, you need to focus and keep any emotions out of you, build more knowledge and keep yourself strong when some unexpected things happen, don't be move without thinking twice and analyze everything. In other words, you have to be tough to your own decision no matter what happens because if you have the slightest doubt in your mind. It could ruin your entire trading method and your focus, that's why trade according to the market and not with the news and put aside those emotions for a while. Most traders are suffering from that kind of behavior and don't know what to do after that's why they kinda suck in the trading. Supposedly mind and emotion is is the very hardess control while in trading. That ia very difficult to.the normal people. Ir they want to avoid falling failed in rhe trading world yes need to learn well how to become brave heart person to get success and trading.
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Bijikopi
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February 11, 2019, 12:27:06 AM |
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my biggest factor is failing to trade because of uncontrollable emotions, this is what always imposes I am not focused on trading, due to the great desire to profit. ignoring the potential for large losses that have never been calculated.
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nelson4lov
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February 12, 2019, 10:23:52 PM |
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my biggest factor is failing to trade because of uncontrollable emotions, this is what always imposes I am not focused on trading, due to the great desire to profit. ignoring the potential for large losses that have never been calculated.
You're not alone on this. I know a couple of traders with emotions and money management issues in trading. I think that's where y'all should work on improving now you have identified the source of the problem. One of the rules of trading talks about making sure one's emotions are in check when trading. When you've that covered on your checklist, You should be good to go.
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waitforme
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BBOD The Best Derivatives Exchange
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February 12, 2019, 10:30:27 PM |
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If you are a greedy person, I think you should leave. Greed is one of every investor's desires, but you should know when to be greedy and when to stop. Stay calm in all situations and not be greedy when things are like bubbles.
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Distinctin
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February 12, 2019, 10:54:53 PM |
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my biggest factor is failing to trade because of uncontrollable emotions, this is what always imposes I am not focused on trading, due to the great desire to profit. ignoring the potential for large losses that have never been calculated.
You're not alone on this. I know a couple of traders with emotions and money management issues in trading. I think that's where y'all should work on improving now you have identified the source of the problem. One of the rules of trading talks about making sure one's emotions are in check when trading. When you've that covered on your checklist, You should be good to go. Finding what is the biggest contributor for such fails will be a good idea and making immediate actions will help to stop losing our funds. It is a big for us if that certain thing our emotion or having a attitude problem, it is surely a big work for us and not sure if we can make a change in ASAP. Losing isn't unusual thing happen in trading but at least we work on it to avoid such failures and big losses.
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glendall
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February 13, 2019, 12:34:13 AM |
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I want to add one more thing, namely trade management, with trade management, emotions will be more controlled. for example there is a stop loss limit, most traders don't have a stop loss limit, even though the stop loss limit is between 5-8%, and when the market drops 5% from the initial capital, then we must make a stop loss. this is one of the trading management.
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