Top reasons that leads to fail in trading

[BartS]

Even those self-proclaimed experts in the field of trading still lose a big amount of money when they trade, it's just that others are just more prone in losing in trading because of the lack in experience. We always have a 50-50% chance of earning a satisfiable amount or not, while experienced traders can eliminate the odds and make the percentage for earning a profit higher than losing.

This is also another reason why people fail at trading, they have completely false expectations about their winning ratio, they think that good traders never lose, that they always win and that is not going to happen, whenever you enter in an activity in which there is the possibility of winning or losing you need to be prepared for the fact that you are going to lose, but traders probably win 60% up to 70% of their trades and that is at their best, because as we know traders have also some bad luck once in a while and their winning ratio goes even lower during those periods,

[mronezigger]

For me I think not waiting for a confirmation leads to loss in funds,so Patience is need and enter when your strategy tells you.

[Bustart]

Even those self-proclaimed experts in the field of trading still lose a big amount of money when they trade, it's just that others are just more prone in losing in trading because of the lack in experience. We always have a 50-50% chance of earning a satisfiable amount or not, while experienced traders can eliminate the odds and make the percentage for earning a profit higher than losing.

This is also another reason why people fail at trading, they have completely false expectations about their winning ratio, they think that good traders never lose, that they always win and that is not going to happen, whenever you enter in an activity in which there is the possibility of winning or losing you need to be prepared for the fact that you are going to lose, but traders probably win 60% up to 70% of their trades and that is at their best, because as we know traders have also some bad luck once in a while and their winning ratio goes even lower during those periods,

The presence of failures are real and can happen at any unexpected time, but if it happens repeatedly I think we need to take actions to address it. Common mistakes can be overconfidence, not having a trading plan, get too disappointed if trading goes against the traders instead of taking efficient actions, or overtrading. Trading can be profitable, as long as we get to be aware of what has to be properly done and what has to be avoided.

[Gaff]

Even those self-proclaimed experts in the field of trading still lose a big amount of money when they trade, it's just that others are just more prone in losing in trading because of the lack in experience. We always have a 50-50% chance of earning a satisfiable amount or not, while experienced traders can eliminate the odds and make the percentage for earning a profit higher than losing.

This is also another reason why people fail at trading, they have completely false expectations about their winning ratio, they think that good traders never lose, that they always win and that is not going to happen, whenever you enter in an activity in which there is the possibility of winning or losing you need to be prepared for the fact that you are going to lose, but traders probably win 60% up to 70% of their trades and that is at their best, because as we know traders have also some bad luck once in a while and their winning ratio goes even lower during those periods,

I think what leads to trading failures are the limited knowledge of the product and services or the technicalities, failure to stick to effective strategies, impatience, and not welcoming constructive criticism. We can't avoid failures, even experts fail and fall but what keep them going and survive is because of their strong determination and they use failures as an advantage to polish and correct their flaws.

[hovrah]

Even those self-proclaimed experts in the field of trading still lose a big amount of money when they trade, it's just that others are just more prone in losing in trading because of the lack in experience. We always have a 50-50% chance of earning a satisfiable amount or not, while experienced traders can eliminate the odds and make the percentage for earning a profit higher than losing.

This is also another reason why people fail at trading, they have completely false expectations about their winning ratio, they think that good traders never lose, that they always win and that is not going to happen, whenever you enter in an activity in which there is the possibility of winning or losing you need to be prepared for the fact that you are going to lose, but traders probably win 60% up to 70% of their trades and that is at their best, because as we know traders have also some bad luck once in a while and their winning ratio goes even lower during those periods,

in my opinion, if the extraction of the trader was very small, then it would be of interest to a minimum number of people. Today, the business of crypto currency is developing quite well and each of us uses not only trade, but also investments. Even having a win in 60% of deals, you will still have a good profit.

[ongkok87]

most of the reasons for failing to trade in the crypto world are fearful of the risks that will be accepted. because trading if you do not have experience and do not have a good strategy that would often often lose. so it's better if you want to start trading it learn in this forum, because this forum is a place to learn various ways of bitcoin world work such as trading of course

[apityeh71]

Dicipline,  extra patient and dont be greedy is factor that make trader become succesfully.  Beside that is trading strategies, use stopp loss in every trade and focus to analysis and looking for update news related crypto.

[adamlillian]

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

Yes, that is all the factors that bring failure to the traders but they do not realize it. I also made the mistake of investing all my money into an altcoin. I was very nervous and sold them when the market went down.
I have no plans to invest or analyze altcoin. Therefore, new traders should read this article before investing in any altcoin. This is really a very useful and concise article. many thanks to author

[dsaijz03]

Trading without knowledge about dos and don'ts may also lead to fail because some put all their money in one crypto which they think can give bigger profit but mostly the opposite happens instead divide it in a sense that if one fail there is still other crypto left which can give profit.

[geegaw]

Even those self-proclaimed experts in the field of trading still lose a big amount of money when they trade, it's just that others are just more prone in losing in trading because of the lack in experience. We always have a 50-50% chance of earning a satisfiable amount or not, while experienced traders can eliminate the odds and make the percentage for earning a profit higher than losing.

This is also another reason why people fail at trading, they have completely false expectations about their winning ratio, they think that good traders never lose, that they always win and that is not going to happen, whenever you enter in an activity in which there is the possibility of winning or losing you need to be prepared for the fact that you are going to lose, but traders probably win 60% up to 70% of their trades and that is at their best, because as we know traders have also some bad luck once in a while and their winning ratio goes even lower during those periods,

I think what leads to trading failures are the limited knowledge of the product and services or the technicalities, failure to stick to effective strategies, impatience, and not welcoming constructive criticism. We can't avoid failures, even experts fail and fall but what keep them going and survive is because of their strong determination and they use failures as an advantage to polish and correct their flaws.

Well, from what you say and some comments here, I think we have two main reasons to make us always fail in trading, the first is that as you say, many people lack too much knowledge about where they are preparing for the investment, they just listen to others say it is good then they invest, they do not have any analysis. Second reason, that is probably the problem of patience, most traders think this is very easy but the reality is always the opposite, the waiting time is too long and bad situations are constantly occurring, that affects too much the emotions of the traders, so they lose patience and make wrong decisions

[Claudyah]

Many business managers fail because from the beginning it has been burdened by demands to be successful. In some cases there are traders who rely solely on trading for the day ahead which causes great mental stress. The demand for always profit will make it difficult for traders to control the emotions that ultimately lead to the destruction of trading accounts.

[kenziefried]

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 like to add the greed factors. It is common culprit of bad decision most especially during Bull Run. More often people still invest even they already know that the market is overbought. In case of selling, many traders didn’t stick to their trading plan in hoping that the price still increasing. But most this kind of trader lose because they were left behind in low price.

Trading is very much tricky job to do and that it becomes very much difficult for all those who are busy in trading to handle the situation in the best possible way and that they suffer a huge loss as well sometimes because of this. As far as I think, loss of control over the emotions and making the decision in a panic or in a hurry are the most common reasons which can result in loss of money.

[emezh10]

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.

That is the thing we should avoid when getting started to bitcoin or in trading with cryptocurreny. We should never put all our ace on trading we should always need to remind ourselves that there would always be a risk in taking ways to earn. So that we could take better decision on transaction and trading that could result for a stable income in the future.

[mrproblem]

As far as I see most of people in here doesn't have any target for buying and selling so fail starts in here.
I thing the biggest cause is not having a target

[karungbitcoin]

To make profit from crypto trading not only need strategies of technical analysis but also we should have good psychology, always make research and thinking twice before open potition and buy coins, learn about support and resistance area for day trading, and for long term trading very important to learn the fundamental of the project, to know the team of the project and and they should consist of professional person, and understanding what problem they want to solve.

[Claudyah]

Being unrealistic is the top reason why trader fail in trading.There are traders that when making their goal like setting the target profit,too huge and impossible to achieve because of unrealistic expectation.

Lack of self-confidence is caused by lack of knowledge. Too many negative things that fill the mind. Ancient fear of fear, fear, and so forth. Fear-fear is avoided for you to make transactions and eventually many golden opportunities are missed.

[KesoNie]

most of the reasons for failing to trade in the crypto world are fearful of the risks that will be accepted. because trading if you do not have experience and do not have a good strategy that would often often lose. so it's better if you want to start trading it learn in this forum, because this forum is a place to learn various ways of bitcoin world work such as trading of course

One of the reason too that leads to fail kn trading is the lack of patience too. Though we have already equipped with knowledge and skill if we don't have any experiences and patience with what you are doing there's nothing for you to hope for a success because in trading cryptocurrency absolutely needs a huge patience of a traders.

[BartS]

The main reason for the problems in trading is trading, why do you think that other people will give you their money?

Not really, trading is a game in which you are trying to outsmart your opponent in that way trading is not that much different from games like chess, the difference is that you do not see your opponents but everyone is doing their maneuvers trying to earn money and you must do the same, no one is giving you money for free you are taking it away from them with your superior skill, if you have that, and if you don't then you are the one that loses the money, this is why knowledge and experience are critical in trading something that many people are lacking.

[usmanov123]

- Not having a sound plan
- Emotional intelligence

[mronezigger]

Another reason that make a trader loss money is not having a knowledge of what you are trading.
a good strategy is very important in trading bitcoin.
knowing when to enter a trade either trading with demo ,when you perfect you then trade with real account.