Bubblestonemax
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September 14, 2018, 06:35:17 PM |
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These are really good reasons and features you must possess when trading. You must be conservative and must remove emotions when you are trading. All those features are needed
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racingboy
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September 14, 2018, 07:03:00 PM |
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Top reasons that leads to fail in trading Don't put all your eggs in one basket. Diversity. Diversify your investments so if one falls, other investment may help you to recover. Sadly I had just experienced this mistake, well as what they say failure is part of success, hopefully I can learn from this mistake and would not do it again. |
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ukboss
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September 16, 2018, 07:33:46 PM |
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If you want to find out the top reason that leads to failed in trading. So at the moment you see newbie always lost his money. Newbie when start trading I think they don't have a perfect knowledge about trading because they lost his money in trading. Emotion and greedy is a very important for trading. If you can't control your emotion so you must lose in your trading I think the top reason is emotion. If you control your emotions so you can recover your lose.
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gembirdprivate
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October 15, 2018, 07:36:54 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 good 5 facts. Thanks for the information. |
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marine4u
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October 15, 2018, 10:43:25 PM |
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Lack of knowledge and greed is the primary reason many investors fail in financial investment and cryptocurrency. There is no easy investment as people think, the end of 2017 is an extremely valuable lesson for investors because of greed.
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Irish Lion
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January 11, 2019, 07:38:53 AM |
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I think this is more due to lack of discipline, poor understanding of market psychology and improper risk management.
Day trading is a zero sum game. Therefore, for you to win, someone else must lose, and vice versa.
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popolite11
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January 25, 2019, 02:25:38 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.
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Yatsan
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Leading Crypto Sports Betting & Casino Platform
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January 25, 2019, 02:56:53 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
"Drifting to the wind" or for me chasing what's already succeeded is the reason why most of trader these days are failing. Buying alternative coins which is pumping is very risky as you'll never know when it would end. " Dont put all your eggs in one basket" basically the asset diversifying is commonly mistakes of beginner trader or the unexperienced ones, they tend to just buy what is on trend or top 10 coins in the market which is wrong. |
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Johnzky
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January 25, 2019, 03:35:08 PM |
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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. Diversification is the best armor we have to keep safer in trading or even in long term holding because the volatility of cryptocurrency is what hindering us from success so if we spread our investments to multiple cryptocurrency such as Coins and tokens i guess thats more accurate move for future.unless you have a magical power to learn what would be the price for tomorrow so we can all in to single coin |
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whirlcoin
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January 25, 2019, 06:34:02 PM |
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Not all panickers since it is like a blind throw of the dice whether it was the right time to sell that time. It's not like it is something that they even wanted to do it in the first place anyway, but the emotion got through with them which is just plain stupid, instead of being emotional in their current job which could just be stable when they keep working with their bosses with it, unlike crypto where their profits would naturally be unstable and being unstable, meaning it would be uncontrollable since no one dictates the price into it anyway. Yes you are correct the following of someone tricks will not be suitable for you then it will gives only a last for ourself so make your own trading strategy will make you more stronger in your field this will be strategy for most top people who are getting more profit. |
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Jhonyguy
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January 25, 2019, 07:41:13 PM |
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https://bitcointalk.org/index.php?topic=5100023.msg49337540#msg49337540i posted a thread regarding risk management and now i found psychology related post , emotion control is the difficult part although we read many points related to how to control emotions but when we are trading we do same hold mistakes, emotion control takes lot of time
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Timmzzy
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👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
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January 25, 2019, 10:55:01 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
I really love this post, it really made me remember when I was having my trading lectures my mentors will always say I should never put all my eggs in one basket and I will be like what's the eggs, which in a layman language it means never put all your investment in one particular coin. |
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Timmzzy
Member
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Activity: 784
Merit: 34
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
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January 25, 2019, 10:57:30 PM |
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These are really good reasons and features you must possess when trading. You must be conservative and must remove emotions when you are trading. All those features are needed
And also most, learn how to never look back in every trade that is been executed, in the sense that if your other trader sold higher than you and you found out and you then feel regret why you sold so soon. |
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xenxen
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January 25, 2019, 11:50:50 PM |
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being emotional and put the egg in one basket is ihate it but same i do and realize what im doing. hahahaha maybe you do that because of greedy strategy. and thats the thing tou need to get out to yourself.. because sometimes greedy becomes to get you poor...
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iMark
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January 26, 2019, 01:08:42 AM |
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Top reasons that leads to fail in trading Don't put all your eggs in one basket. Diversity. Diversify your investments so if one falls, other investment may help you to recover. Sadly I had just experienced this mistake, well as what they say failure is part of success, hopefully I can learn from this mistake and would not do it again. diversify and make backup funds are important in trading. sometimes prices in markets outside of your expectations and backup funds will help you to buy on the other coin or buy at a cheaper price, while diversify make your capital divided and the risk of bankrupt will certainly be much smaller |
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Sum24
Member
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Merit: 10
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January 26, 2019, 04:04:32 AM |
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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.
Panic selling is another name of lose because it’s getting wrong for us. Patience can help you get away from panic selling so hold id you are that market is down and people are selling for no reason just keep holding your coin. Invest on right time and increase your knowledge to trade as trading consumes lots of knowledge other wise your can get scammed so be careful. |
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herurist
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January 26, 2019, 05:49:37 AM |
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I agree with and that's why have faith with our own strategy and keep disciplines is the key to increase our skill and profit. In many cases people fails is not because strategy but can't control emotion and not follow their rules. I don't know why because I also did that but if you want to become winner just follow your rules and never repeat the same mistakes.
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michellee
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January 26, 2019, 07:25:49 AM |
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The top reasons that will lead us to fail in trading are greedy, and it causes many of us to fail to make a profit. It's not happened with new people but also happen in the pro trader who cannot control their greedy and take the right profit. It's about controlling ourselves in trading especially when we see the pump is coming in the next second, but we want to see the price always increases which is impossible because, in the next moment, the price is back to the last bottom price.
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omonuyak
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January 26, 2019, 02:35:41 PM |
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Emotion is the reason why many traders lose and some also makes money from the emotional failure of other investors and traders. If you don't have patience you will find it very difficult to make money from the market because this market is emotional base.
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voltesbit777
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February 08, 2019, 02:39:50 PM |
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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. I agreed on you to that mate, if we will be neglectful for sure 100% in the end result we will be loss. And most often traders got loss because of their greediness which is not supposed to be for the newbies and even for the old members here they shouldn't be in a hurry to get profit, instead they must proceed at the basic step first before anything else. |
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