Top reasons that leads to fail in trading

[fiomcorka]

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

In additional, people who depends on the suggestion of other people also tend to fail in trading. Those people who are lazy to study the coins never do research and rely only to the forum comments. They also victimize by hyping the coins.

In the world of trading, you do need to take the suggestions from others but you need to make the final decision by your own mind and choosing that option which seems the best possible option to you. One of the main reason that leads to the failure is the loss of control over your emotions at tough times. Trading is a game of holding your nerves and if you failed to do so, you will end up suffering some loss and nothing else.

[Nerman]

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

I agree with this specially on being emotional, this is the number one culprit why people becomes illogical

Also you should add

Ignore the noise - some people are just dependent on facebook/twitter/ telegram on which to buy or avoid. There are so many so called experts in social media. If you listen to peoples comments and suggestion you may get a winning coin but in the long run you will lose. You should learn to trade by your own. Technical analysis is still my signal.

[Hammonds]

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

I agree with this specially on being emotional, this is the number one culprit why people becomes illogical

Also you should add

Ignore the noise - some people are just dependent on facebook/twitter/ telegram on which to buy or avoid. There are so many so called experts in social media. If you listen to peoples comments and suggestion you may get a winning coin but in the long run you will lose. You should learn to trade by your own. Technical analysis is still my signal.

Really, sometimes other people's recommendations will only lead us to failure. we have to do our own research and try to avoid groups of signals from social media.

[pansu18]

They don't have a system, strategy or a methodology, There are literally thousands of markets to trade on a daily basis which is, of course, a great thing for traders looking for opportunities to profit. However, without a system, strategy or even some type of methodology the 'hunt' for an opportunity leads to gambling. You'll miss more trades than you take which causes many traders to go into a spiral of frustration, negativity and trading outbursts. The key lesson is to have some type of consistent plan or reasoning in finding and executing your trades.

[GalaxyWorld]

Greed and unstable psychology are the biggest reasons that affect commercial results. Many investors when the coin increase prices not sold but continue to wait to increase but coin decline. When coin prices fell a little, they sold out and it rose again. These two seem to be simple but a lot of trader suffer and still lose a lot on the cryptocurrency market.

[icons6]

Trader is his own worst enemy,and that human error is at the root of most problems.
The main reason is overtrading,it is the most common reason why traders fail.It might be caused by unrealistically high profit goals,insufficient capitalisation or market addiction.Inability to distinguish trending markets from ranging markets,often results in traders applying the wrong trading tools at the wrong time.Another one is improper risk management is why traders tend to lose money and fail.

[Tashi]

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..

This is the main reason of fail trading. The emotion. I've heard a lot of stories talking that they are losing because of their driven emotion. Many of my colleagues always selling their coins below 50% profits and after that there goes a bigger pump like 200%. Such a bad decision lol.

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.

Another thing is this. We traders specially newbies always says that I will buy at ath and sell on a set stop-loss. This is actually a bad habit. I think we need some expertise decision by this.

Don't put all your eggs in one basket. Diversity. Diversify your investments so if one falls, other investment may help you to recover.

Yeah, diversify is a good choice. If you diversify your portfolio and one of your coin is losing but some are still winning, it is still consider as a win.

[Gotomoon]

Greed and unstable psychology are the biggest reasons that affect commercial results. Many investors when the coin increase prices not sold but continue to wait to increase but coin decline. When coin prices fell a little, they sold out and it rose again. These two seem to be simple but a lot of trader suffer and still lose a lot on the cryptocurrency market.

That's what you called panic selling when price fell down most sell their coins. In trading we should calm, we are in mindset to have a profit as planned. Like never put our funds in one basket, it is good to balance or spread our investment to get rid of lose.

[nethan1btc]

Don't put all your eggs in one basket. Diversity. Diversify your investments so if one falls, other investment may help you to recover.

I love this formula / proverb, all traders are sometimes greedy. so they forget the risk of trading without leaving capital to keep prices deeper.
Trading does look cruel to anyone who does not have a strategy.
thank you for sharing, this post is very useful.

Exactly, that makes us inspired to be aware and don't need to rush everything like we must know to control our emotions especially when the time of falling down of the value what we wishing for. Greediness is number one reason will make us fall and may lead to bankruptcy because we want to make it higher and taking risk everything. Well, in the end lessons to be learned that need to control everything and learned to be contented what we have.

[Intersan]

That's what you called panic selling when price fell down most sell their coins. In trading we should calm, we are in mindset to have a profit as planned. Like never put our funds in one basket, it is good to balance or spread our investment to get rid of lose.

That is the problem, when trading, most of the people won't stay calm and would easily be carried away with their emotion. Most of newbie traders get impatient when studying the market and will just depend on what is on chart which is very wrong. There are coins that have low values at start but after some time will suddenly be valuable. You see, if you want to trade you have to control your emotions because this factor is what greatly affects every decision that you will make. If you are able to this, you will understand how trading is done and will possibly create a strategy of your own to earn big profit. Something good and happiness follows when you are able to think clearly and carefully so learn how to control emotions and make sure to study what you are doing.

Greed and unstable psychology are the biggest reasons that affect commercial results. Many investors when the coin increase prices not sold but continue to wait to increase but coin decline. When coin prices fell a little, they sold out and it rose again. These two seem to be simple but a lot of trader suffer and still lose a lot on the cryptocurrency market.

True greediness greatly affects us when trading. When greed consumes us we make decisions that did not go from thorough thinking, in short we FAIL. We mostly wait for opportunities that are not given to us. For example is when the price is alright or maybe enough for us to be able to support what we want but we decline ourselves to sell because we wish for it to get higher, in the end, the result is the opposite. Waiting leads for the price to get lower and lower making us lose the good opportunity mentioned.

[19faraon88]

Of course, the top reason in failing in trading is haven't enough knowledge about Trading and Investment. Trading is not easy, you should give your time and effort, you should be brave in all you decision. Also read some articles that may gave you additional knowledge about trading.

[fortress]

...
1) Solid Trading Strategy
...

That's where I see a lot of people failing. Most of them come to the market expecting to double their money in a few weeks, when experienced traders are happy with 2 to 3% a month.

[robelneo]

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

The easiest way to lose everything is Drifting through the wind if you do not know when is the right time to sell when the price is pumping or selling period is on progress, so many lose everything when they are minutes late so better learn the right timing because this will get you a lot of profit

[sumanto]

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

which you mentioned very true, a lot of new players who still can not control the emotions and control the finances in his possession, I hope with this thread can make the new players can understand how to play trading safely and can earn profit and never lose .

[futuret]

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.

Unrealistic expectations - Reason No. 1

Unrealistic expectations are the common reasons that are influencing the traders in many aspects.

Tracking the false pumps with the goal of the fast profit gain has become a habit amongst the mass percent of the investors. Their unrealistic strange trading habits are usually leading them to a wrong path which is equal to the long-term loss.

On psychological aspect, unrealist goals are only amplifying the trader's anger which is also usually leading to a greater loss.

Unrealistic goals are not supported in the market world!

Yeah people just look at the good things produced by other traders, they don't care about the risk inside of it, the struggle and the process to reach a successful trading. As for the results it's make people put high expectation wants to have the same success stories without having a real struggle in other words it's unrealistic.

The same can be said for new users trying to trade in cryptocurrencies. They always relate crypto=quick money. There's a lot of cases of people becoming millionaires in a short time and they want in, fast.

Yeah being impatient is the huge mistake now and most of new and young bitcoin traders use to do this. Trading is not a game mate for it they will have to be very careful, experienced so then one will be able to get profit. Money is not for lose it is for saving and making bright future, it is advisable to trade with bitcoin today and then wait for long time to get better output than your input with bitcoin.

[Gabb]

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

There are some specialists who believe that only 5% of those who try to become succesful traders are able of achieving long-term success, and some of the reasons why most tend to fail have been mentioned in this thread. But in addition to the merely technical aspects, there are some characteristics of personalikty such as discipline, persistence and emotional control that are absolutely indispensable to achieve success.

[Tynovten_]

Of course, emotionally influential, impatient and greedy, when the price of starting a dump you fear the of many loss while price pump, you want more high price. Human nature. Until.bpth give regrets.

[TitanGEL]

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

Planning is one of the main thing that should do before you do trading cryptocurrencies. I agree to you that reading latest news and journal is very important for us to be updated everytime.

[carlisle1]

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.

Unrealistic expectations - Reason No. 1

Unrealistic expectations are the common reasons that are influencing the traders in many aspects.

Tracking the false pumps with the goal of the fast profit gain has become a habit amongst the mass percent of the investors. Their unrealistic strange trading habits are usually leading them to a wrong path which is equal to the long-term loss.

On psychological aspect, unrealist goals are only amplifying the trader's anger which is also usually leading to a greater loss.

Unrealistic goals are not supported in the market world!

i guess thats daytrading is all about?fast profit for gaining...this is not a habit but a desire because this trends runs for how many years in trading industry of crypto,though i dont do this because i am a patiently waiting person.willing to wait for my profit even if it takes a year

[GoodLuck2]

Thanks for everyone who replied to my topic.
As I see there's alot of extra reasons and opinio. As I see most of them are true and I didn't forgot to mention them but they all talks in the same 3 reasons. Also Thanks for the Merit 

Rather we are thankful to you for putting up such a reasonable and sensible question on the forum. Many experts and experienced people have shared their opinions about the causes of failures of traders in the crypto market. We should understand that greed is an evil thing and overconfidence too. Lack of proper knowledge and having half knowledge is again risky. Try to be composed and well knowledge while doing trading.