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Author Topic: 4 factors that could destroy your Trading  (Read 1232 times)
Farvin2 (OP)
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February 02, 2018, 11:17:51 AM
Merited by alyssa85 (1), nightmanisrightman (1)
 #1

See market prices of crypto currency increasingly fluctuate I think there are a lot of traders who suffered losses, and In taking a decision, many traders are still affected by emotions. Fourth factor that's the meaning, of is a type of emotions:

- Greed
Almost all traders familiar with the types of emotions, the desire to obtain profit possible in a very short time. Greedy nature incurred due to excessive self-confidence. Usually happens after the trader earn profit in a row. They are not aware or forgot that important fact in trading is not can expect definite results of each trade.

- Fear
A sense of fear entered the market usually occur after consecutive losses experienced trader.  Fear is basically a natural response so that we can survive in the market. However, excessive fear will make traders lost the opportunity to gain profit. During trader comply with rules risk management and trading plan has been made, he should not be afraid to enter the market.

- Hope
Excessive hopes or unrealistic in trading could harm. Hope to always profit often cause traders to not follow trading plan that has been agreed upon.

- Regret
Regrets that constantly will destroy trading gradually. Regret usually arise after a trader lost some chances to buy or sell, or after experiencing considerable losses.  If it is not quickly resolved, the kind of emotion this would be developed into fear, and in extreme cases could make him leave the world of trading.

To prevent these types of emotions , we should always be aware of whether we're  in emotions when trading, because trading with the emotions will only make our trading destroy.


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February 02, 2018, 06:22:27 PM
 #2

I would add here impatience. Trading loves very patient people, stable and with clean minds. You must also learn how to think logically.
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February 02, 2018, 06:26:26 PM
 #3

 Investing is a marathon, and not a sprint, yet countless investors have the arrogance to believe they can time the market. A few get lucky and time the proper entry point, but the same investors often fail to time the appropriate exit point. The process works similarly in reverse, which hammers home the idea that you can be 200% wrong when you are constantly switching your portfolio positions.
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February 02, 2018, 06:27:48 PM
 #4

Thanks for sharing. At a time like this when the market is suddenly very low (although only when compared to recent months) it's important to remember not to let emotions rule over logical trading decisions.

Stay strong and stick to your strategy, even if there's a temptation to react strongly to dramatic turns in the market. You'll thank yourself in the years to come.
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February 02, 2018, 06:48:11 PM
 #5

Great reasoning for all emotions listed, but lets not forget anger too. After making or not making a FOMO decision anger can set in after making a bad decision and we must know that bad decisions happen. Knowing this alleviates most of the pain from our bad decisions.

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February 02, 2018, 07:11:16 PM
 #6

Great tips! This is much needed right now as crypto market has become down all of a sudden and traders are losing their minds. Another important factor to have is Patience.
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February 03, 2018, 02:27:57 AM
 #7

This is a wonderful post, which kinda sums up all of the problems which could be incured while trading. I'll even come out and say that I usually suffer from a good amount of these due to the fact that this  is a normal thing that human is going to have problems with.

I face most of my problems with Greed and then regret, which usually follow one another. As I want to get more and more profits, then the floor falls from under me and I start losing large sums of money.

I'm trying to fix this issue though, as I'm trying to cut emotions out of my trading -- as I do think that this would make this happen.




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February 03, 2018, 02:34:32 AM
 #8

See market prices of crypto currency increasingly fluctuate I think there are a lot of traders who suffered losses, and In taking a decision, many traders are still affected by emotions. Fourth factor that's the meaning, of is a type of emotions:

- Greed
Almost all traders familiar with the types of emotions, the desire to obtain profit possible in a very short time. Greedy nature incurred due to excessive self-confidence. Usually happens after the trader earn profit in a row. They are not aware or forgot that important fact in trading is not can expect definite results of each trade.

- Fear
A sense of fear entered the market usually occur after consecutive losses experienced trader.  Fear is basically a natural response so that we can survive in the market. However, excessive fear will make traders lost the opportunity to gain profit. During trader comply with rules risk management and trading plan has been made, he should not be afraid to enter the market.

- Hope
Excessive hopes or unrealistic in trading could harm. Hope to always profit often cause traders to not follow trading plan that has been agreed upon.

- Regret
Regrets that constantly will destroy trading gradually. Regret usually arise after a trader lost some chances to buy or sell, or after experiencing considerable losses.  If it is not quickly resolved, the kind of emotion this would be developed into fear, and in extreme cases could make him leave the world of trading.

To prevent these types of emotions , we should always be aware of whether we're  in emotions when trading, because trading with the emotions will only make our trading destroy.



We can't blame anyone if they can't control their feelings i mean that money was their sole income as a worker and they worked for it realtime the blood and sweat is nurtured by it so that he/she can claim the prize waiting for him/her. To be a trader means becoming a numb person that doesn't care about his or her investment wether it goes up and down all they want is to have a long term hold of it as they can and probably sell it for a good price. Trading needs a lot of patience if you want to profit.
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February 03, 2018, 02:42:42 AM
 #9

Sometimes the worries, fears, greeds, hopes, regrets and happiness that I feel they are coming together in the process of trading in bitcoin trading, it is hard to avoid. But as much as possible we should be able to control the emotions by doing some things like:
1. Do not be too push yourself to participate in the transaction, if you are not sure the direction of market movement, it would be better to wait or postpone the transaction
2. Set a daily target, close a position if it is on target and set the losses, if the loss is close to 10%, there is good for cut loss
A trader should focus on profits and be able to respond to losses and try to balance the two.
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February 03, 2018, 02:43:10 AM
 #10

You combine that all it is called being human.
It is not that easy to control ones emotion and even yourself will have a hard time doing it.
Hope. It works sometimes but nowadays it looked like it really made some losses for crypto traders.
Greed to have more. Yes this also works in a day or two but somehow you will need to withdraw.
Fear. Could also be a lucky charm when you did it at the right time then suddenly the coin you traded goes to hell.

One thing one trader needs. Experience. If you have it then regret will not be included to any trade.

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February 03, 2018, 02:58:46 AM
 #11

The bottom line that can destroy my trading is MENTAL and EMOTIONS, if I am strong both, I may not have experienced in the destruction of trading, even if I got a loss.

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February 03, 2018, 03:07:58 AM
 #12

4 factors that could destroy your Trading

1.Do not know the state of the market
2. Not exactly choosing a potentially large coin
3. Lack of knowledge about Trading
4.Not a good strategy

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February 03, 2018, 03:29:22 AM
 #13

all 4 of these "factors" are the result of one "factor" and that factor is not knowing how to trade.

before starting to trade one must first learn how to trade. and that requires a lot of work and spending a lot of time. most people are lazy so they skip this step and get right to trading. but some of them start more cautiously and with a smaller amount so they learn better but others go bigger at the beginning and understand nothing in the end.

in this process, because they don't know what they are doing, they also don't know how to treat different circumstances such as the time when price falls all of a sudden despite all your expectations. or the opposite: meaning rise out of the blue. and not knowing means they start using their emotions more than  their logic to make a decision.

otherwise we have all these emotions, but for example those who know what they are doing and also have some greed can turn that into ambition and become more successful!

There is a FOMO brewing...
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February 03, 2018, 03:37:29 AM
 #14

Fear is real,   Cry most people are fear of when the price is going down, meanwhile they are already buy it, pursue it and following the FOMO
sadly is these factors are even still happen, most case for newbie traders, they just enter to cryptocurrency, and one week after it, invest some money and follow up on signal, don't know anything and didn't want to know more, and (poof) the price are dump, and they get destroyed.
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February 03, 2018, 04:39:33 AM
 #15

for me im always panic so i sell it cheap price so i always lose a big money. Cry
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February 03, 2018, 05:06:06 AM
 #16

We are not a robot mate so its normal that we have an emotions. And we cannot blame our selves because of being involved on that 4 factors. 'cause nowadays there are some of some FUD spreading fake news. Even you op for example if you have a huge amount on trading and all of the investor screaming sell..sell!! Can you control your emotions?
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February 03, 2018, 05:53:04 AM
 #17


- Greed
Almost all traders familiar with the types of emotions, the desire to obtain profit possible in a very short time. Greedy nature incurred due to excessive self-confidence. Usually happens after the trader earn profit in a row. They are not aware or forgot that important fact in trading is not can expect definite results of each trade.


Greed is the biggest factor in crypto.

So many people go All-In, thinking, that is the only way to make a huge amount of money.

Of course it's a way to lose all your money too.

If you want to survive as a trader you need to practice risk managemrnt. Only stake 1/10th of your stash on any given trade. If you win, you will be up a little. If you lose, you will be down 1/10th, but you are still in the game.

As your stash gets slowly bigger, your one-tenth trade gets bigger too - but it is controlled risk because you arn't risking everything.

 
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February 03, 2018, 07:24:48 AM
 #18

Behaviour really is a great factor when you consider it on trading cryptocurrencies in fact that it is so volatile we can't really control where the market goes if it goes down or up. So goes on always sell high and buy low but when you caught the in-between and then the price goes down that might get your behaviour if you'd want to sell it or wait again for a skyrocket then decides.
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February 05, 2018, 08:25:05 AM
 #19

I would add here impatience. Trading loves very patient people, stable and with clean minds. You must also learn how to think logically.
Trading is all about the decisions, how to sell, when to sell, is the market suitable to sell my bitcoins or the market is okay with buying right now? So all these questions are directly related with decision making of the mind. And everyone knows if your mind is not cool, you will never take a better decision. You must be patient to get profits.
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February 05, 2018, 09:09:06 AM
 #20

Agreed, emotion trading is the hardest obstacle to overcome in trading, rather than stick with the first plan we made. People tend to succumb into emotion when they win or lose, because of human nature make us difficult to work logically when we achieve something, we want recognition and when we lose something we want revenge. But mostly i think greed is the most definite factor we need to overcome when trading because greed make us to increase more position than we should've taken and it makes our trading more risky  Grin
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February 05, 2018, 09:59:04 AM
 #21

See market prices of crypto currency increasingly fluctuate I think there are a lot of traders who suffered losses, and In taking a decision, many traders are still affected by emotions. Fourth factor that's the meaning, of is a type of emotions:

- Greed
Almost all traders familiar with the types of emotions, the desire to obtain profit possible in a very short time. Greedy nature incurred due to excessive self-confidence. Usually happens after the trader earn profit in a row. They are not aware or forgot that important fact in trading is not can expect definite results of each trade.

- Fear
A sense of fear entered the market usually occur after consecutive losses experienced trader.  Fear is basically a natural response so that we can survive in the market. However, excessive fear will make traders lost the opportunity to gain profit. During trader comply with rules risk management and trading plan has been made, he should not be afraid to enter the market.

- Hope
Excessive hopes or unrealistic in trading could harm. Hope to always profit often cause traders to not follow trading plan that has been agreed upon.

- Regret
Regrets that constantly will destroy trading gradually. Regret usually arise after a trader lost some chances to buy or sell, or after experiencing considerable losses.  If it is not quickly resolved, the kind of emotion this would be developed into fear, and in extreme cases could make him leave the world of trading.

To prevent these types of emotions , we should always be aware of whether we're  in emotions when trading, because trading with the emotions will only make our trading destroy.



You are right. When I started trading, I was constantly losing money because I could not control my emotions. Greed and desire to make a quick profit made me fall. It took me a lot of time to learn how to control my emotions and greed, but sometimes I could not. Regret is also what I often get when I miss out on great opportunities. I think that beside the trade time we should spend some time learning how to control ourselves seriously.
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February 05, 2018, 10:19:10 AM
 #22

This is very true, so that why before jump in to trading beside we should be have good strategy, also we should be discipline to comply with trading strategy that we have made before, and dont to much time in trading and always learn to control the emotions so that we are not far from the rules and strategies we have been created.

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February 05, 2018, 11:18:54 AM
 #23

See market prices of crypto currency increasingly fluctuate I think there are a lot of traders who suffered losses, and In taking a decision, many traders are still affected by emotions. Fourth factor that's the meaning, of is a type of emotions:

- Greed
Almost all traders familiar with the types of emotions, the desire to obtain profit possible in a very short time. Greedy nature incurred due to excessive self-confidence. Usually happens after the trader earn profit in a row. They are not aware or forgot that important fact in trading is not can expect definite results of each trade.

- Fear
A sense of fear entered the market usually occur after consecutive losses experienced trader.  Fear is basically a natural response so that we can survive in the market. However, excessive fear will make traders lost the opportunity to gain profit. During trader comply with rules risk management and trading plan has been made, he should not be afraid to enter the market.

- Hope
Excessive hopes or unrealistic in trading could harm. Hope to always profit often cause traders to not follow trading plan that has been agreed upon.

- Regret
Regrets that constantly will destroy trading gradually. Regret usually arise after a trader lost some chances to buy or sell, or after experiencing considerable losses.  If it is not quickly resolved, the kind of emotion this would be developed into fear, and in extreme cases could make him leave the world of trading.

To prevent these types of emotions , we should always be aware of whether we're  in emotions when trading, because trading with the emotions will only make our trading destroy.



You are right, these four reasons are the causes that can destroy the trade, these four things are the kind of emotions that everyone has and are difficult to control or hold. Everyone is unaware and always thinks little with it, but it is this little thing that can destroy our great desire to trade. I think all these emotions can destroy trading because of lack of knowledge about trading, if they have a lot of knowledge about trading then they are easier to manage their emotions.

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February 05, 2018, 11:49:58 AM
 #24

See market prices of crypto currency increasingly fluctuate I think there are a lot of traders who suffered losses, and In taking a decision, many traders are still affected by emotions. Fourth factor that's the meaning, of is a type of emotions:

- Greed
Almost all traders familiar with the types of emotions, the desire to obtain profit possible in a very short time. Greedy nature incurred due to excessive self-confidence. Usually happens after the trader earn profit in a row. They are not aware or forgot that important fact in trading is not can expect definite results of each trade.

- Fear
A sense of fear entered the market usually occur after consecutive losses experienced trader.  Fear is basically a natural response so that we can survive in the market. However, excessive fear will make traders lost the opportunity to gain profit. During trader comply with rules risk management and trading plan has been made, he should not be afraid to enter the market.

- Hope
Excessive hopes or unrealistic in trading could harm. Hope to always profit often cause traders to not follow trading plan that has been agreed upon.

- Regret
Regrets that constantly will destroy trading gradually. Regret usually arise after a trader lost some chances to buy or sell, or after experiencing considerable losses.  If it is not quickly resolved, the kind of emotion this would be developed into fear, and in extreme cases could make him leave the world of trading.

To prevent these types of emotions , we should always be aware of whether we're  in emotions when trading, because trading with the emotions will only make our trading destroy.



You are right, these four reasons are the causes that can destroy the trade, these four things are the kind of emotions that everyone has and are difficult to control or hold. Everyone is unaware and always thinks little with it, but it is this little thing that can destroy our great desire to trade. I think all these emotions can destroy trading because of lack of knowledge about trading, if they have a lot of knowledge about trading then they are easier to manage their emotions.
Its a common thing to feel and do experience these emotions or these several factors because they are commonly show up when we are still new into trading field and it cant really be avoided but our experience would really be the reason for us to make full control on these kind of scenarios. Experience is the key, when we are already aware on the factors which we do saw that can affect our trading career then we would eventually do the things which would really minimize it.

R


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February 05, 2018, 12:28:31 PM
 #25

I guess that even though you only posted generic emotions, you are correct on everything you said. I think this thread would be amazing if users actually discussed what strategies they use in order to cope with these emotions while they trade, and how they minimize it's influence in order to become good traders. I still don't trade, because I think I need to develop my knowledge about it first, instead of just jumping it searching for profit. If I did that I would probably be taken away by all the emotions you described, since I would be missing the basic fundamentals that would allow me to develop and trust my trading strategy.

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February 05, 2018, 12:55:06 PM
 #26

Trading is only for those people who have strong heart to encounter risk and adversities in holding their investment, those who are impatience and afraid of losing their money cannot succeed in any kind of investment. Crypto currency are unpredictable and very volatile, it can go so much higher than we could imagine and can drop as worst as it can be. But being a trader this difficulties should not harm their faith and continue to hold their investment until such time the market recover.
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February 05, 2018, 12:59:15 PM
 #27

I definitely agree with the OP stating that these types of emotions could ruin your trading. But out of all these feelings, I think fear would be the most top factor that could lead to a lot losses. That's why most people who have been in trading for a couple of years always say it is not for the fainted heart, it is for those who have a lot of patience and would not be affected even if their portfolios are all red and stayed positive the whole time.

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February 05, 2018, 02:08:21 PM
 #28

Most important thing is to go with the brain and not the heart. You have to be cold blooded and know when to cut ties with a coin / when to buy another coin. Your brain is telling to not to sell at a dip, but your heart wants you to because it's scared. Listen to the brain.

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February 05, 2018, 06:48:44 PM
 #29

From myself I will add.
A good trader knows how to be patient and disciplined.
A good trader understands that all trades cannot be successful, some of them will be unprofitable.
A good trader devotes a lot of time to market analysis.
After studying the charts, using trading indicators and other tools of the trader, the trader makes decisions.
Then the trader places orders and stop losses and watches the price changes.
It does not make impulsive decisions, but just patiently waits for buy or sell orders to be triggered.
Occasionally corrects orders.
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February 07, 2018, 02:22:37 PM
 #30

I would add here impatience. Trading loves very patient people, stable and with clean minds. You must also learn how to think logically.
Sometimes, patience works for those who are doing long term trading and at least they are sure they have entered at a very good position. Better still, I will say the lack of strategy is what has led the funds of some traders to their early grave.

Okay, taking a look at the chart example that the Op gave as I was in this trade as well. Someone decided to trade a breakout and then it ended up a fake one, it is always good to know when to stop your loss and wait for a better position to buy back in. Take a look at what patience would have caused the person holding from that top.
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February 07, 2018, 02:40:35 PM
 #31

Controlling our emotion is a very hard thing to do especially when it comes to things that could trigger a sudden change in our mood or emotions. That is why, if we want to be successful in trading, we must slowly start changing ourselves, it is okay to continue what you have been doing, like frequently checking the price of the coin you trade in, but be sure to lessen doing it little by little until its okay for you to check the price every once in a while.
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February 07, 2018, 04:03:15 PM
 #32

For the years that I have been here in this forum I have learned that the factors that could destroy your trading is YOU, you are the one who creates your life here and you are the responsible as well when you created mistakes and you will also be the liable in fixing it or you will just stop trading and just let go. So, your choice is in you.
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April 26, 2018, 09:57:18 AM
 #33

One of the defining characteristics of successful traders is their ability to take a small loss quickly if a trade is not working out and move on to the next trade idea. Unsuccessful traders, on the other hand, get paralyzed if a trade goes against them. Rather than taking quick action to cap a loss, they may hold on to a losing position in the hope that the trade will eventually work out. In addition to tying up trading capital for an inordinate period of time in a losing trade, such inaction may result in mounting losses and severe depletion of capital.
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April 26, 2018, 10:29:41 AM
 #34

Failure to Implement Stop-Loss Orders . Stop-loss orders are crucial for trading success, and failure to implement them is one of the worst mistakes that can be made by a novice trader. Tight stop losses generally mean that losses are capped before they become sizable. While there is a risk that a stop order on long positions may be implemented at levels well below those specified if the security gaps lower, the benefits of such orders outweigh this risk. A corollary to this common trading mistake is when a trader cancels a stop order on a losing trade just before it can be triggered, because he or she believes that the security is getting to a point where it will reverse course imminently and enable the trade to still be successful.
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April 26, 2018, 10:44:24 AM
 #35

There may be many destroying factors, however, the most important one is your behavior. If you take wrong steps and act very emotionally, you will never achieve success. You should be patient and calm, use an analytical mind and learn basics of trading.
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April 26, 2018, 11:49:38 AM
 #36

Those factors do affect your trading, since it is within the trader, it will depend on how they will handle those emotions, but I see a different perspective and it seems to be common for traders tk make these mistakes, first is their emotions in the market, thus I agree with your perspective, if the trader holds for a long time in market there is chance that they may win or loose, a treader needs to overcome those emotions and read fhe charts wisely, second, is the fact that most traders only rely on their experiences and hunches, they forgot on how they started, continuous education mst stjll take place in order to make progress, the third for me is lacking of financial support, we have to admit it, we could only trade in the market if we have enough money for the trade, though we have skills and knowlddge, without the budget for trading we couldn't even start, the fourth thing that I see that destroys a trader is the attitude, some could 't take a loss, and those persons tend to be suicidal, putting all their moneh in trade.
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April 26, 2018, 12:09:52 PM
 #37

There may be many destroying factors, however, the most important one is your behavior. If you take wrong steps and act very emotionally, you will never achieve success. You should be patient and calm, use an analytical mind and learn basics of trading.
A lot of factors can destroy our trading usually being impatient, impulsive decisions to buy and sell our coins and a lot more. Well behaviour contributes to destroy trading performance so we must be patience in all of our trading.
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April 26, 2018, 12:26:49 PM
 #38

Trading Too Frequently. Overtrading can erode returns to the point where nice profits turn into significant losses. While experienced traders have generally learned the hard way that trading too frequently can be severely detrimental to overall returns and performance, new traders may have yet to learn this lesson.
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April 26, 2018, 12:49:15 PM
 #39

To my opinion the worst factor that can destroy trading is lack of patience and making decisions with too much emotions and not with cool head.
Other common mistake that traders often make is trying to cover losses as soon as possible and then they make big mistakes thinking the next trade will be their saviour.
Probably every trader has made some of these mistakes sometimes but the key is to learn from mistakes and don't let them happen again.

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April 26, 2018, 01:21:29 PM
 #40

I do thất bại in the transaction is not exist, this is the most priority in the first fourth. Thứ hai is guessing the direction of the field market, if you have a sure you sure you will guess your xu hướng of their, but if bad guess you will will lose hole.

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April 26, 2018, 02:16:44 PM
 #41

It is important to learn certain key aspects of trading, for example, understanding the use of technical analysis as well as the use of intuition like knowing when to enter the market. Basically,  it is important to realise you may loose because it is not always that technical analysis predict accurately as may be indicated. Market movement is not always predictable. I have experienced a situation where you enter the market only to experience a sudden fall in price soon afterwards. Patience is important. In most cases the market will be back it all depends on the strategy one adopts. It is a good practice,  in my opinion,  to continue to learn better ways to trade as well as manage ones emotional state.

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April 26, 2018, 02:46:02 PM
 #42

Fear is most important part here as most of the people are victimized by fear which leads to FUD and FOMO. Many people tend to loose a big amount of money because of fear. An easy way to dismiss this fear is to invest and forget about it until a particular time. No anxiousness will lead to no fear.
Adding to your list, "Lack of knowledge" about crypto is another thing which people should thrive to attain. The more knowledge you have about crypto the better analysis you will be able to make and the better selection of coin you will achieve. This will also boost up your portfolio.

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April 26, 2018, 03:37:48 PM
 #43

Exactly!!! Those emotions of  a trader will bring too much losses! If you know to your self that you own those attitudes, then don't ever try trading job. If you want to be trader,get your self ready with fudds and fomo's around,ignore them. Only trader knows!

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April 26, 2018, 03:41:53 PM
 #44

I think the 4 factors that destroy the trade are:

1. not diligent
This is one factor that traders often experience
2. not focus
in the trade you should focus on the market so as not to miss the market
3. a little knowledge
if you lack understanding in terms of trading it is very risky
4. failed
this is a major factor that is often experienced by many people, after failing to leave the trade, it is the experience and the beginning of success.

I hope this helps
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April 26, 2018, 04:13:26 PM
 #45

Fear is most important part here as most of the people are victimized by fear which leads to FUD and FOMO. Many people tend to loose a big amount of money because of fear. An easy way to dismiss this fear is to invest and forget about it until a particular time. No anxiousness will lead to no fear.
Adding to your list, "Lack of knowledge" about crypto is another thing which people should thrive to attain. The more knowledge you have about crypto the better analysis you will be able to make and the better selection of coin you will achieve. This will also boost up your portfolio.
I would say Lack of knowledge and Experience would be the main thing on where It can really destroy trading.When you don't have this knowledge you will got easily Afraid or Fear on market conditions or situations you face. Once you do have the knowledge you wont easily got disturbed because you do know on what you do on such scenarios as long you do know on what you are doing theres nothing to be afraid of because once you got fear you will really make bad decisions.

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April 26, 2018, 05:06:17 PM
 #46

even when u can control ur emotion u still need to learn about market condition
learning about when the right time to buy
but yeah i agree with u
emotion + market condition is somthing u need to know or control
and im sure u can get 2 of them from experience
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April 27, 2018, 05:39:32 AM
 #47

I agree about that. if all of that things happen, traders will lose their money in the market consistently. If traders will be a winner for long time in trading, they have to evaluate and remove the bad habit and wrong concept in their brain.
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April 27, 2018, 05:41:36 AM
 #48

Exactly!!! Those emotions of  a trader will bring too much losses! If you know to your self that you own those attitudes, then don't ever try trading job. If you want to be trader,get your self ready with fudds and fomo's around,ignore them. Only trader knows!

A weak heart should be avoiding trading at all cost because in crypto currency the market tumbles very badly and it can cause you a panic attack if you are not used to it or cannot see those downfall frequently. It is not a easy to do trading especially in bitcoin.
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April 27, 2018, 05:54:05 AM
 #49

Holding in the transaction will eliminate all adverse factors such as greed, fear, hope, wait. Because if you become a holder, you will keep them for a long time depending on how long you decide to hold them. Holding does not have to worry about the bad things going on and the events will take place.

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April 27, 2018, 06:25:50 AM
 #50

Maybe there are an additional factors such as complain
Only in thecryptocurrency, the people will complain when price rise up, down or even flat though.

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April 27, 2018, 07:01:32 AM
 #51

Good advices, but I still want to add about the need to be persistent and energetic, several times was that I postponed the purchase of a promising coin for later, although I was confident in its future growth. And then I regret that I did not buy it.
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April 27, 2018, 07:08:49 AM
 #52

I think patience is the key to trading encrypted money, and if you have enough patience, you won't lose.

Greed is the source of all evil, and trading passwords can be an easy thing to do if the transaction is not greedy.
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April 27, 2018, 08:24:42 AM
 #53

I think patience is the key to trading encrypted money, and if you have enough patience, you won't lose.

Greed is the source of all evil, and trading passwords can be an easy thing to do if the transaction is not greedy.

   Patience is the key for all activities, trading is just one of them. Greediness will destroy you in all activities. You can relate that with
trading.
   What creator of this thread described are human characteristic`s. We all have merits and demerits, proportion will make us good in
some activities or not, depending how we use them and how much they control us and our emotion`s.
   Key factor`s for good trader, or a good personality, are patience, calm mind, thinking before making decision`s with cool head. When
we rush into trade`s or investment`s just for sake of a good profit and we base our prediction`s on emotion`s we will lose all the money we
have very fast.
   Do not start from day trading. Try mid-term and long-term trade`s first. Learn how to check project`s and new`s. Consult with other`s,
check Telegram group`s, be active social network`s for more information`s and following the trend`s. There are many thing`s you need to do
before you make a trade, spend time on that.



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April 27, 2018, 08:38:45 AM
 #54

I would add the impatience and leak of knowledge, if you dont know how the thing are operating on a market there is high chance to loose money so.
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April 27, 2018, 08:47:34 AM
 #55

If you are gambler for example. If you are trading not basing on knowledge, but basin on emotions and feelings by your own.
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April 27, 2018, 08:49:02 AM
 #56

In making decisions, many traders are still affected by emotions. The four factors referred to in the title of this article are the types of emotions in form (greed) (fear) (hope) and (regret). If you are not able to control all four types of emotions, then they will control your mind. And if it happens constantly when you trade then sooner or later your trading account will be destroyed.
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April 27, 2018, 09:10:21 AM
 #57

Yes,  since acouple years i learned about trading i still can not control my emotions, greedy and hope the price will continue bull run is always my mistake. I try to eliminate this emotions but i dont why is hard to do it. But i believe by always  try to control it, i will make it later. Learn from the previous mistake can be help to avoid big loss in trading.

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April 27, 2018, 10:25:44 AM
 #58

Yes,  since acouple years i learned about trading i still can not control my emotions, greedy and hope the price will continue bull run is always my mistake. I try to eliminate this emotions but i dont why is hard to do it. But i believe by always  try to control it, i will make it later. Learn from the previous mistake can be help to avoid big loss in trading.
You just need to keep it is simple as much as you can but it is possible if you have invested small amount into trading or the amount affordable for you to lose.And not all the people can be successful in trading because the profit of one trader is the loss from another trader so you need to do right things at the right time to make money.You need to improve your decision making skills and be stick with your decision what you have made.Just an easy solution to be successful buy low and sell high if the price keep falling just keep on holding.
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April 27, 2018, 01:36:55 PM
 #59

In my opinion patience factor is most needed in all types of business. If you do not have the patience, you will probably make a hasty decision in the long run.
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April 28, 2018, 06:30:07 AM
 #60

1. Greed
    Almost all traders are familiar with this type of emotion, namely the desire to gain profit as much as possible in a very short time. The greedy nature arises from excessive
    confidence. Usually occurs after the trader gets the profit in a row.
2. Fear
    The fear of market entry usually occurs after the trader loses consecutively. Within reasonable limits the fear has a positive impact in trading. Fear is basically a natural
    response in order for us to survive in the marketplace.
3. Hope
    Excessive or unrealistic expectations in trading can be dangerous. Hope for always profit often deviates trader from agreed trading plan. If the trader turns into a profit,
    with the habit of expecting an excess he will tend to be greedy (greed).
4. Regret
    Continual regret will crush the trading slowly. Retribution usually arises after the trader loses multiple entry times, incorrect entry or after suffering substantial losses.
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April 28, 2018, 06:57:52 AM
 #61

Although this 4 factors emotion will help you out and control your emotion to avoid some of  loses and mistake during your trading career path, but still it well depend upon to those person,if avoided or not ,cause we know that this four concept are incident to used of those person will not aware of this four factor concept  or lack of knowledge about of them, until will not experienced and at the same time..
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April 28, 2018, 07:46:52 AM
 #62

the most common is the factor of greed that is directly proportional to the need for an important witdhraw in which we can brutally target a certain profit with a less accurate analysis because based on mounting emotions. Personal management needs to be applied, but there needs to be a step to join the community to support our minds to stay on the right track.
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April 28, 2018, 07:52:30 AM
 #63

See market prices of crypto currency increasingly fluctuate I think there are a lot of traders who suffered losses, and In taking a decision, many traders are still affected by emotions. Fourth factor that's the meaning, of is a type of emotions:

- Greed
Almost all traders familiar with the types of emotions, the desire to obtain profit possible in a very short time. Greedy nature incurred due to excessive self-confidence. Usually happens after the trader earn profit in a row. They are not aware or forgot that important fact in trading is not can expect definite results of each trade.

- Fear
A sense of fear entered the market usually occur after consecutive losses experienced trader.  Fear is basically a natural response so that we can survive in the market. However, excessive fear will make traders lost the opportunity to gain profit. During trader comply with rules risk management and trading plan has been made, he should not be afraid to enter the market.

- Hope
Excessive hopes or unrealistic in trading could harm. Hope to always profit often cause traders to not follow trading plan that has been agreed upon.

- Regret
Regrets that constantly will destroy trading gradually. Regret usually arise after a trader lost some chances to buy or sell, or after experiencing considerable losses.  If it is not quickly resolved, the kind of emotion this would be developed into fear, and in extreme cases could make him leave the world of trading.

To prevent these types of emotions , we should always be aware of whether we're  in emotions when trading, because trading with the emotions will only make our trading destroy.




This makes sense to me because all of those 4 especially with impatience, that’s all me when I am still on my early days in cryptocurrency trading. Now that I have understand about how the game works in the cryptocurrency market, it seems that I have learned something, and experience is always the best teacher. However, I still have long ways to go before mastering the cryptocurrency trading even if the market is so unpredictable.

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April 28, 2018, 08:40:17 AM
 #64

In my opinion patience factor is most needed in all types of business. If you do not have the patience, you will probably make a hasty decision in the long run.
I agree with you. Being patient is the most factor that should be considered when one intend to become a cryptocurrency trader. This is the prominent mistakes that most new traders make when they start out in trading.  Though being greedy is another good factors too, cause most traders want to have it all and at the end, they end up putting their money on many shit coins  that won't yearn any fruit .
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April 28, 2018, 08:48:33 AM
 #65

I think that all factors may have a negative impact but as for me the main one is greed. it prevents from the logical thinking. people don't know when to stop and finally lose everything
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April 28, 2018, 09:34:55 AM
 #66

There are a number of factors that can affect the increase or decrease of the crypto currency. To begin with, growth may be triggered by high demand, while the purchase of crypto currency for speculative purposes affects supply.

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April 28, 2018, 09:50:27 AM
 #67

Holding in the transaction will eliminate all adverse factors such as greed, fear, hope, wait. Because if you become a holder, you will keep them for a long time depending on how long you decide to hold them. Holding does not have to worry about the bad things going on and the events will take place.
Many people have mis-concepted this holding strategy. They think it of a method where once you bought the coins and settle them in wallet and then you are just forgetting them for long and long times. No, this isn’t right plan for execution. You have to keep updated with what is happening around and how your coin is behaving in difference scenarios, only then better profit can be obtained.
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April 30, 2018, 12:27:05 PM
 #68

To my opinion the worst factor that can destroy trading is lack of patience and making decisions with too much emotions and not with cool head.
Other common mistake that traders often make is trying to cover losses as soon as possible and then they make big mistakes thinking the next trade will be their saviour.
Probably every trader has made some of these mistakes sometimes but the key is to learn from mistakes and don't let them happen again.
I think that lake of knowledge is the main thing which will destroy your trading business although there are many other factors for loos in trading. Focus on market and study all bitcoin and Altcoin and then start trading in it. It will be much better and you will be able to secure your money. Trading is a good business but it needs easy and inexperienced person lose his money.
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April 30, 2018, 12:39:25 PM
 #69

I'm so agree and I think the hardest one is greed , Sometimes i have lost because I wanted more than my daily goals and it made me to trade more and it causes loss!
Sometimes it is the hardest thing to control your greed when you think you can have more but actually you can't!


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April 30, 2018, 12:43:18 PM
 #70

In my opinion patience factor is most needed in all types of business. If you do not have the patience, you will probably make a hasty decision in the long run.

I agree with you on this one, most traders are only looking for short-term profits.. A little more patience and some stronger hands will contribute to succes in the long run I guess.

In the past I've made such hasty decisions which didn't turn out in my favour, but trading can also be a learning process. Like most things, learning from your mistakes is an important lesson!!

During trading, we have to control the emotions when the price is increasing and decreasing, don't look for short profits because we have to the potential project in order to make a profit from it.

Through learning, we can make huge steps because within the single day we cannot make the ton of BTC, it will take years to become perfect in trading. So it is always good to learn lessons from your previous mistakes.

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April 30, 2018, 07:17:06 PM
 #71

There may be many destroying factors, however, the most important one is your behavior. If you take wrong steps and act very emotionally, you will never achieve success. You should be patient and calm, use an analytical mind and learn basics of trading.
A lot of factors can destroy our trading usually being impatient, impulsive decisions to buy and sell our coins and a lot more. Well behaviour contributes to destroy trading performance so we must be patience in all of our trading.
You should actually be ready to make quick decisions in the market as long as you have a strategy and not having a strategy is the main thing that makes a lot of people to lose so much in trading as they are just busy gambling. Trading is not easy and it is easy and it depends on how ready you are to learn, but of course, people who are lazy to learn and feel they can just do it on their own always end up tending towards those characteristics that brings the destruction. There is always just that confidence that comes with learning and practicing.

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April 30, 2018, 08:07:23 PM
 #72

See market prices of crypto currency increasingly fluctuate I think there are a lot of traders who suffered losses, and In taking a decision, many traders are still affected by emotions. Fourth factor that's the meaning, of is a type of emotions:

- Greed
Almost all traders familiar with the types of emotions, the desire to obtain profit possible in a very short time. Greedy nature incurred due to excessive self-confidence. Usually happens after the trader earn profit in a row. They are not aware or forgot that important fact in trading is not can expect definite results of each trade.

- Fear
A sense of fear entered the market usually occur after consecutive losses experienced trader.  Fear is basically a natural response so that we can survive in the market. However, excessive fear will make traders lost the opportunity to gain profit. During trader comply with rules risk management and trading plan has been made, he should not be afraid to enter the market.

- Hope
Excessive hopes or unrealistic in trading could harm. Hope to always profit often cause traders to not follow trading plan that has been agreed upon.

- Regret
Regrets that constantly will destroy trading gradually. Regret usually arise after a trader lost some chances to buy or sell, or after experiencing considerable losses.  If it is not quickly resolved, the kind of emotion this would be developed into fear, and in extreme cases could make him leave the world of trading.

To prevent these types of emotions , we should always be aware of whether we're  in emotions when trading, because trading with the emotions will only make our trading destroy.




Sometimes Fear is not as bad thing as it seems,because I often realize possible results better and I'm always trying to be more careful,Its more like a self control mechanism sometimes('just fear'),But of course exaggerated assessments are always very bad for our job,Its not about only crypto market,Its an axiom in everywhere and everything.What about Hope,Its not equal to unrealistic things,Hope maybe well-grounded and unrealistic things not.Anyway all we have individual strategies and theories,which wouldn't be successful in every concrete situation,So the key is experience and knowledge.
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April 30, 2018, 08:31:54 PM
 #73

I think that all factors may have a negative impact but as for me the main one is greed. it prevents from the logical thinking. people don't know when to stop and finally lose everything
If you are not able to take any decisions on your own, then it is better not to invest your money into any business, trading cannot be seen as gambling where greed takes over decision making, all you have to do is to play smart, follow the market and take decisions according to different trends, never complicate things, if you are not able to follow the market make sure you appoint an adviser who knows the market, rather than gamble with your money.
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April 30, 2018, 09:40:42 PM
 #74

Good article, I fully agree with you, as for me, greed and fear are the most dangerous ones.

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April 30, 2018, 09:41:34 PM
 #75

See market prices of crypto currency increasingly fluctuate I think there are a lot of traders who suffered losses, and In taking a decision, many traders are still affected by emotions. Fourth factor that's the meaning, of is a type of emotions:

- Greed
Almost all traders familiar with the types of emotions, the desire to obtain profit possible in a very short time. Greedy nature incurred due to excessive self-confidence. Usually happens after the trader earn profit in a row. They are not aware or forgot that important fact in trading is not can expect definite results of each trade.

- Fear
A sense of fear entered the market usually occur after consecutive losses experienced trader.  Fear is basically a natural response so that we can survive in the market. However, excessive fear will make traders lost the opportunity to gain profit. During trader comply with rules risk management and trading plan has been made, he should not be afraid to enter the market.

- Hope
Excessive hopes or unrealistic in trading could harm. Hope to always profit often cause traders to not follow trading plan that has been agreed upon.

- Regret
Regrets that constantly will destroy trading gradually. Regret usually arise after a trader lost some chances to buy or sell, or after experiencing considerable losses.  If it is not quickly resolved, the kind of emotion this would be developed into fear, and in extreme cases could make him leave the world of trading.

To prevent these types of emotions , we should always be aware of whether we're  in emotions when trading, because trading with the emotions will only make our trading destroy.
I think it's all because of fear! Fear is not only in trading, but according to all the criteria of life, to which he relates, he simply destroys everything. You need to learn how to control your fear first, then everything else itself will come.

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April 30, 2018, 10:08:27 PM
 #76

I think it's all because of fear! Fear is not only in trading, but according to all the criteria of life, to which he relates, he simply destroys everything. You need to learn how to control your fear first, then everything else itself will come.
You are right, fear really is the very first enemy of man. Because of fear, you can lose everything. The main thing is not afraid to lose everything, here is the most important rule of trade in crypto-currencies.
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May 01, 2018, 01:25:16 AM
 #77

I definitely agreed all the emotions you've mentioned. As far as I know, it is just a natural response from a crypto user like me. I do trading and I feel like I am having so much greed which is I think not healthy for a trader. If we can still control our emotions I believe we can be a good trader in our next transactions. Fear of lossing profits is also one of my enemy, but then cut losses is my friend for me to play safe.
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May 01, 2018, 10:30:54 AM
 #78

Exactly!!! Those emotions of  a trader will bring too much losses! If you know to your self that you own those attitudes, then don't ever try trading job. If you want to be trader,get your self ready with fudds and fomo's around,ignore them. Only trader knows!

A weak heart should be avoiding trading at all cost because in crypto currency the market tumbles very badly and it can cause you a panic attack if you are not used to it or cannot see those downfall frequently. It is not a easy to do trading especially in bitcoin.

In my opinion, lack of knowledge and the trading skills are the main reason because of which most of the trader’s plan to quit trading soon after suffering some loss or in after some time. In addition to this, the lack of control over the emotions and getting panicked after suffering some loss also leads to the quitting of the trading. You need to work on these points to get something beneficial.
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May 01, 2018, 11:05:00 AM
 #79

Excessive hope has robbed many of profit made in paper of which they have been unable to convert to bitcoin because they keep hoping that their coin will continue to rise in perpetuity.

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May 01, 2018, 11:18:46 AM
 #80

Thanks for the tips
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May 01, 2018, 12:01:44 PM
 #81

I agree with that you said because I am a trader too. I experienced all 4 of the factors that you have given to us. I would like to add impatience in the factors that could destroy traders. Impatience is inter connected with greed for me I think because if you are a greedy person, you want to make a profit in a short time making a person impatient. There are many factors that could destroy traders but thanks you shared your opinions Smiley

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May 01, 2018, 12:14:04 PM
 #82

 Some lessons I learnt the hard way...
1. Sell parabolic crypto (3-5×)
2. Sell everything into fiat if entire market is parabolic and everyone is euphoric June 2017, Jan 2018.
3. Never panic sell at massive lows (ie NEO during China FUD)
4. Don't FOMO into parabolic positions... ever... always lost money that way
5. Stick to simple strategies buy low sell high. Day trading is mentally taxing and very challenging early on
6. If a project is sound but has a terrible name dont let that stop you from buying (Antshares, Bitquence)
7. Take the time to research projects before buying or elae you won't have the conviction to hold them before the bull run starts
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May 01, 2018, 12:37:38 PM
 #83

Excellent list, I would add here still impatience, although it intersects with all the other enemies of the trader, even for me personally was the main hindrance.

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May 01, 2018, 12:39:07 PM
 #84

Greed is the trickiest of all emotions. You realize you've been greedy only after you've lost money. Oh well...
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May 01, 2018, 12:54:02 PM
 #85

Agree!! Trading is not a battle between you and other traders. It's a battle between you and yourself! Emotions play a big part in trading success. You have to overcome your emotions. In trading, it's like playing poker, you cannot show your emotions because if you do, you're a dead man!
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May 01, 2018, 01:01:53 PM
 #86

Agree!! Trading is not a battle between you and other traders. It's a battle between you and yourself! Emotions play a big part in trading success. You have to overcome your emotions. In trading, it's like playing poker, you cannot show your emotions because if you do, you're a dead man!
It's a practice which is needed before hand, trading dwell between you and yourself, if you can conquer your emotions then you are doing good, the flow
of success is much easier, each time that you battle with your own self because of some emotional stress like greediness, will be the same time that you
will lose your chances to earn much better, control yourself and you will control your success.
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May 01, 2018, 01:04:46 PM
 #87

Definitely greed has played a part in my situation, not knowing when to actually take some profit and move along to the next one, also fear, FOMO was a factor in making a loss and investing at the wrong time.

Over time these lessons are learned but for my it took a few years to get to a steady level headed situation.
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May 01, 2018, 01:08:59 PM
 #88

See market prices of crypto currency increasingly fluctuate I think there are a lot of traders who suffered losses, and In taking a decision, many traders are still affected by emotions. Fourth factor that's the meaning, of is a type of emotions:

- Greed
Almost all traders familiar with the types of emotions, the desire to obtain profit possible in a very short time. Greedy nature incurred due to excessive self-confidence. Usually happens after the trader earn profit in a row. They are not aware or forgot that important fact in trading is not can expect definite results of each trade.

- Fear
A sense of fear entered the market usually occur after consecutive losses experienced trader.  Fear is basically a natural response so that we can survive in the market. However, excessive fear will make traders lost the opportunity to gain profit. During trader comply with rules risk management and trading plan has been made, he should not be afraid to enter the market.

- Hope
Excessive hopes or unrealistic in trading could harm. Hope to always profit often cause traders to not follow trading plan that has been agreed upon.

- Regret
Regrets that constantly will destroy trading gradually. Regret usually arise after a trader lost some chances to buy or sell, or after experiencing considerable losses.  If it is not quickly resolved, the kind of emotion this would be developed into fear, and in extreme cases could make him leave the world of trading.

To prevent these types of emotions , we should always be aware of whether we're  in emotions when trading, because trading with the emotions will only make our trading destroy.



You hit the nail right on the head. One of the things needed to mature beyond emotions is to have a time tested strategy that works. I believe this is where most people get it wrong. They trade haphazardly with no defined trading rules. The other key factor is proper Risk management. Most crypto investors are gambling, trading or investing without proper risk and money management

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May 01, 2018, 01:50:23 PM
 #89

See market prices of crypto currency increasingly fluctuate I think there are a lot of traders who suffered losses, and In taking a decision, many traders are still affected by emotions. Fourth factor that's the meaning, of is a type of emotions:

- Greed
Almost all traders familiar with the types of emotions, the desire to obtain profit possible in a very short time. Greedy nature incurred due to excessive self-confidence. Usually happens after the trader earn profit in a row. They are not aware or forgot that important fact in trading is not can expect definite results of each trade.

- Fear
A sense of fear entered the market usually occur after consecutive losses experienced trader.  Fear is basically a natural response so that we can survive in the market. However, excessive fear will make traders lost the opportunity to gain profit. During trader comply with rules risk management and trading plan has been made, he should not be afraid to enter the market.

- Hope
Excessive hopes or unrealistic in trading could harm. Hope to always profit often cause traders to not follow trading plan that has been agreed upon.

- Regret
Regrets that constantly will destroy trading gradually. Regret usually arise after a trader lost some chances to buy or sell, or after experiencing considerable losses.  If it is not quickly resolved, the kind of emotion this would be developed into fear, and in extreme cases could make him leave the world of trading.

To prevent these types of emotions , we should always be aware of whether we're  in emotions when trading, because trading with the emotions will only make our trading destroy.



You hit the nail right on the head. One of the things needed to mature beyond emotions is to have a time tested strategy that works. I believe this is where most people get it wrong. They trade haphazardly with no defined trading rules. The other key factor is proper Risk management. Most crypto investors are gambling, trading or investing without proper risk and money management



He hit it because universal nature of his factors. I trade but gambling is more my thing and all this factors works for gambling too, and many other things.
Who ever follows this factors, or to be precise who ever have enough control over emotions when it comes to trading or gambling will be successful. This factors directly affect our decisions, and if we fall under them we will make bad decisions and most probably we will not make profit. Having better self control is something that can be learned trough practice, more you try and more you practice more likely is that you can master it, if you can't its better for you to quit while you still have some money in your wallet.

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May 01, 2018, 01:53:55 PM
 #90

Follow me if breaking the deal leads to failure maybe because you are too impatient. impatient in business. So that led to failure for you. In my opinion we should not be too impatient in the BTC business.

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May 01, 2018, 02:04:14 PM
 #91

information is very useful for beginners to start trading, I think emotions are very influential in trading because if our emotions are not controlled we will regret in the end.
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May 01, 2018, 02:17:23 PM
 #92

Follow me if breaking the deal leads to failure maybe because you are too impatient. impatient in business. So that led to failure for you. In my opinion we should not be too impatient in the BTC business.
So what factors do you think lead to impatience?
- 1 you spent all your money to invest in bitcoin.
- 2 you borrow money with big monthly interest to invest in bitcoin.
- you have no faith.
- you do not understand much about the market.
Which affects the loss of your patience?
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May 01, 2018, 05:38:14 PM
 #93

One of the defining characteristics of successful traders is their ability to take a small loss quickly if a trade is not working out and move on to the next trade idea. Unsuccessful traders, on the other hand, get paralyzed if a trade goes against them. Rather than taking quick action to cap a loss, they may hold on to a losing position in the hope that the trade will eventually work out. In addition to tying up trading capital for an inordinate period of time in a losing trade, such inaction may result in mounting losses and severe depletion of capital.
That defining characteristics comes with great knowledge of what to do which is something anyone who does not have any plan would always find hard to do anyway. I remembered when I started trading and all I was doing was to keep having patience in my trading, like some still are today, this is one myth that people only use to console themselves when it comes to trading.

It is always better to be safe than sorry and a lot of people are there playing the charts like they are gambling which is why they always end up losing big time and effort. Making a plan and sticking within that plan will help any trader rather than going for on the spot decisions.
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May 01, 2018, 05:43:25 PM
Last edit: May 03, 2018, 10:05:44 AM by dynospytan
 #94

See market prices of crypto currency increasingly fluctuate I think there are a lot of traders who suffered losses, and In taking a decision, many traders are still affected by emotions. Fourth factor that's the meaning, of is a type of emotions:

- Greed
Almost all traders familiar with the types of emotions, the desire to obtain profit possible in a very short time. Greedy nature incurred due to excessive self-confidence. Usually happens after the trader earn profit in a row. They are not aware or forgot that important fact in trading is not can expect definite results of each trade.

- Fear
A sense of fear entered the market usually occur after consecutive losses experienced trader.  Fear is basically a natural response so that we can survive in the market. However, excessive fear will make traders lost the opportunity to gain profit. During trader comply with rules risk management and trading plan has been made, he should not be afraid to enter the market.

- Hope
Excessive hopes or unrealistic in trading could harm. Hope to always profit often cause traders to not follow trading plan that has been agreed upon.

- Regret
Regrets that constantly will destroy trading gradually. Regret usually arise after a trader lost some chances to buy or sell, or after experiencing considerable losses.  If it is not quickly resolved, the kind of emotion this would be developed into fear, and in extreme cases could make him leave the world of trading.

To prevent these types of emotions , we should always be aware of whether we're  in emotions when trading, because trading with the emotions will only make our trading destroy.




I Agreed on what you stated, emotion trading is the hardest obstacle to overcome in trading, rather than stick with the first plan we made. People tend to succumb into emotion when they win or lose, because of human nature make us difficult to work logically when we achieve something, we want recognition and when we lose something we want revenge. But mostly i think greed is the most definite factor we need to overcome when trading because greed make us to increase more position than we should've taken and it makes our trading more risky.
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May 01, 2018, 08:39:51 PM
 #95

Well, I agree with what you wrote in OP, there are many obstacles that negatively affect on the trader, especially the beginners in this field, this often results in many problems like, major financial losses, and even a psychological issue because Unfortunately, many do not accept a repeated losses. Furthermore, some believe that the field of trading is easy to win a lot of money, but that is a wrong belief, and when many of them start in this area, they fail to achieve their financial goals, then their views or opinions change.
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May 01, 2018, 08:45:21 PM
 #96

See market prices of crypto currency increasingly fluctuate I think there are a lot of traders who suffered losses, and In taking a decision, many traders are still affected by emotions. Fourth factor that's the meaning, of is a type of emotions:

- Greed
Almost all traders familiar with the types of emotions, the desire to obtain profit possible in a very short time. Greedy nature incurred due to excessive self-confidence. Usually happens after the trader earn profit in a row. They are not aware or forgot that important fact in trading is not can expect definite results of each trade.

- Fear
A sense of fear entered the market usually occur after consecutive losses experienced trader.  Fear is basically a natural response so that we can survive in the market. However, excessive fear will make traders lost the opportunity to gain profit. During trader comply with rules risk management and trading plan has been made, he should not be afraid to enter the market.

- Hope
Excessive hopes or unrealistic in trading could harm. Hope to always profit often cause traders to not follow trading plan that has been agreed upon.

- Regret
Regrets that constantly will destroy trading gradually. Regret usually arise after a trader lost some chances to buy or sell, or after experiencing considerable losses.  If it is not quickly resolved, the kind of emotion this would be developed into fear, and in extreme cases could make him leave the world of trading.

To prevent these types of emotions , we should always be aware of whether we're  in emotions when trading, because trading with the emotions will only make our trading destroy.





I completely agree, especially fear and greed, are dangerous for the trader. On the other hand, it is thanks to such traders and their mistakes that many earn income. Imagine if in the market everyone trade unmistakably.
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May 01, 2018, 10:43:29 PM
 #97

I think greed and fear are truly the main the factors that negatively influence peoples gains when it comes trading.  The invincibility feeling that people get when they prices rise astronomically is what causes them to miss out of gains because many of them end up holding thinking the prices are gonna keep going up when in reality they end up crashing.  Furthermore, the fear of actually buying in or the fear of further losses is what causes people to lose significant amounts of money because people end up either never investing, or they sell during a crash because they think its going to 0.

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May 01, 2018, 11:54:05 PM
 #98

Building on your idea of fear we have the almighty FOMO. But it isn't only FOMO in the sense you want to catch a coin going up, you can also FOMO and not sell a coin because you fear it may go higher. Fear plays on a lot of our primal instincts and for purposes of trading we need to get rid of our irrational fears.

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May 02, 2018, 01:17:12 AM
 #99

I will add for the factors is the emotions. Emotions is the cause why you are greedy in every trade if you have a profit you want to sell directly to prevent from the dump of the price. The emotions is controlling you to will not hold a coin because in your mind it will dump.
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May 02, 2018, 01:33:50 AM
 #100

I understand those emotions and already felt it when I was still doing my day trades before. I remembered the mixed feelings of fear, greed and regret during and after I execute my trades. Reflecting to those experiences is the best thing to do after you trade to see the things that directly affect your trading activities and make a solution for it in order to make a positive results for your next trades.

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May 02, 2018, 05:05:10 AM
 #101

Excellent discussion you have made here, I totally agree with you on this point. I also think that people usually become finished when they don't have any control over their greed and fear. these two elements are very much important for getting successful anywhere. But without being hopeful, no one can get anything. So i think hope is a vital thing for making a history in your life.
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May 02, 2018, 05:10:11 AM
 #102

Regret out of all these factors is the most fatal and if you can not control and delete the negative emotion of regret, it will rob you and blind you to see present opportunities. The past has happened, leave the regret in the past.
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May 02, 2018, 07:59:35 AM
 #103

Failure to Implement Stop-Loss Orders . Stop-loss orders are crucial for trading success, and failure to implement them is one of the worst mistakes that can be made by a novice trader. Tight stop losses generally mean that losses are capped before they become sizable. While there is a risk that a stop order on long positions may be implemented at levels well below those specified if the security gaps lower, the benefits of such orders outweigh this risk. A corollary to this common trading mistake is when a trader cancels a stop order on a losing trade just before it can be triggered, because he or she believes that the security is getting to a point where it will reverse course imminently and enable the trade to still be successful.
In fact that is one thing that sets a real professional trader apart from a noob. Most noobs usually do not have any strategy and all they are looking for is to make some quick decision to buy low and hope to sell high without nothing to look for or to watch out for and in that case, how on earth will they ever know how to set a stop loss.

The market is always going to be fluctuating and those who only bet in the market blindly will always suffer for it. I mean we should not trade without reasons. Only our analysis bring more than two strategies confirming a similar thing then only we must go for entering that otherwise just watching must be a good way of trading Tongue.
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May 02, 2018, 12:36:06 PM
 #104

I will add for the factors is the emotions. Emotions is the cause why you are greedy in every trade if you have a profit you want to sell directly to prevent from the dump of the price. The emotions is controlling you to will not hold a coin because in your mind it will dump.

I think you misunderstand greed here. Greed means that you want more and more of something. In this case it is money or to be more detailed Bitcoin.
So when you see that a trade is green and you could take profit now you think "no I want more profit, I will sell for a 10x" and you do not take profit.
Then the coin dumps and is red again. You did not make any money because you did not sell.
This is one way greed in trading can hurt you.

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I am just some guy with a keyboard.
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May 02, 2018, 05:26:26 PM
 #105

These are the things that might affect our trading. These are the things we need to hold more and control. Look at the fear thing, it is the most common of the 4. With fear, it could end us all. I'm trying to confront that kind of attitude. Fear is the most frequent emotion on me.
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May 04, 2018, 12:30:15 PM
 #106

Following the Herd is very dangerous. Another common mistake made by new traders is that they blindly follow the herd, and as a result they may either end up paying too much for hot stocks or may initiate short positions in securities that have already plunged and may be on the verge of turning around. While experienced traders follow the dictum of "the trend is your friend," they are accustomed to exiting trades when they get too crowded. New traders, however, may stay in a trade long after the smart money has moved out of it. Novice traders may also lack the confidence to take a contrarian approach when required.
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May 05, 2018, 12:40:31 PM
 #107

1. Trust ---  In crypto asset we should have trust over particular coin for which we are trading, If you lose your trust then no one can help you to become a loser.
2. Patience --- Before all thing consider you need to have patience if you are in trading regularly because in crypto forecasting does not working at all. Only thing is working patience.For how long to hold funds you are in better size .
3. Govt. Regulation--- Yeah we can't neglect Govt. If you are a trader. similarly we have seen in china when Chinese govt. bans trading exchanges. all trader was in lose and price of crypto had decreased.
I don't what to add in 4th anyone has idea?
Please share your opinion on it.

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May 05, 2018, 02:31:18 PM
 #108

The first destroying factor is starting to trade without any knowledge or learning. This is the main thing that gives room for every other negativity such as emotion, making bad decisions and so on, which would always make the trader to always end up in a bad situation most of the time. It is one thing to want to trade, and it is another thing to be dedicated to learning.

Traders never stop learning, and that is what makes them a pro till date. If a trader cannot find time to learn then it would be better quitting trading career. Because, instead of struggling with improper way of trading, it would be better not to trade.
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May 07, 2018, 02:35:31 AM
 #109

Excessive Leverage is also a reason. According to a well-known investment cliché, leverage is a double-edged sword, because it can boost returns for profitable trades and exacerbate losses on losing trades. Beginner traders may get dazzled by the degree of leverage they possess, especially in forex trading, but may soon discover that excessive leverage can destroy trading capital in a flash. If leverage of 50:1 is employed – which is not uncommon in retail forex trading – all it takes is a 2% adverse move to wipe out one's capital.
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June 02, 2018, 09:09:06 AM
 #110

Patience is very important, certainly, but I absolutely agree with the author of this thread. I guess that a good trader must be never afraid of some losses, and he should forget the word called GREED.
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June 16, 2018, 06:45:35 AM
 #111

I think the first factor that can destroy you in trading is, if you can’t work under the pressure because trading business put too much effort to function well, next factor if lack of patience in this because you must know how to deal for the changes of the environment of the business, next factor is the easily changing of the amount of the investments because of the law of demand , last factor is you are not confident to what you do, not everyone investors will trust you.
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July 22, 2018, 06:00:20 AM
 #112

I think the four key factors can destroy your trading is you emotions, family matters or problems, emotional stability and physical health of course,
because these factors can easily affect the mind of traders.
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July 22, 2018, 06:18:38 AM
 #113

This is need to avoid because bad characteristics in trading cannot help you and to the community because for example if you have bad characteristics the trading will be affected on that because the price will change what ever action you make.
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July 22, 2018, 07:15:45 AM
 #114

I think the four key factors can destroy your trading is you emotions, family matters or problems, emotional stability and physical health of course,
because these factors can easily affect the mind of traders.
Yes.So if you're already in real trading,leave all your negativities because it could only cause destructions rather than attracting profits.You should make your brilliant mind works rather than depending on your emotions because you are trading for profits,not for emotional satisfaction.

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July 22, 2018, 10:29:44 AM
 #115

I've just researched this area, have someone guide me, thanks a lot
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July 22, 2018, 01:06:58 PM
 #116

See market prices of crypto currency increasingly fluctuate I think there are a lot of traders who suffered losses, and In taking a decision, many traders are still affected by emotions. Fourth factor that's the meaning, of is a type of emotions:

- Greed
Almost all traders familiar with the types of emotions, the desire to obtain profit possible in a very short time. Greedy nature incurred due to excessive self-confidence. Usually happens after the trader earn profit in a row. They are not aware or forgot that important fact in trading is not can expect definite results of each trade.

- Fear
A sense of fear entered the market usually occur after consecutive losses experienced trader.  Fear is basically a natural response so that we can survive in the market. However, excessive fear will make traders lost the opportunity to gain profit. During trader comply with rules risk management and trading plan has been made, he should not be afraid to enter the market.

- Hope
Excessive hopes or unrealistic in trading could harm. Hope to always profit often cause traders to not follow trading plan that has been agreed upon.

- Regret
Regrets that constantly will destroy trading gradually. Regret usually arise after a trader lost some chances to buy or sell, or after experiencing considerable losses.  If it is not quickly resolved, the kind of emotion this would be developed into fear, and in extreme cases could make him leave the world of trading.

To prevent these types of emotions , we should always be aware of whether we're  in emotions when trading, because trading with the emotions will only make our trading destroy.




Some good points here. I'd add.....

- Anger
Can be felt mainly after a big loss, but also after suffering multiple losses in a row. Can cause a trader to drastically increase the amount of coin they buy in an attempt try to make back the money they lost. Can also make a trader to get 'trigger happy' i.e place significantly more trades than they usually would, also to make back what they lost.

-Denial
Is felt when something happens that isn't in accordance with the traders view of what was supposed to happen. E.g when Bitcoin started to crash lots of traders were in denial because they thought the price was going to rise forever. They couldn't imagine that it would fall after such a huge rise, so when it inevitably did they continued to believe that it would keep rising, even though the 'facts' (the continued decline) suggested the rise was over, at least for the time being.

Holding a losing trade open i.e letting the price continue fall below the price you bought some crypto at instead of selling, is caused by denial.

People think "the price will eventually rise again, so if I keep holding I can exit with a small loss or tiny profit". But there's no guarantee that will actually happen, and even if it does rise back to the point where they bought, and the trader get a chance to close his/hers trades, it will set a bad precedent, because the trader will then think the same thing will happen in the future.

So the next time he has a losing trade open he will assume the price will eventually rise again and give him a chance of closing at a small profit or loss, just like it did before. The problem is that may not happen, in which case, the trader will continue holding the trade open, having the loss grow  bigger and bigger until eventually they lose all of their money.
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July 22, 2018, 02:55:06 PM
 #117

All factors above come from our mind. So I think if we believe that we can get coins, we can make the effort to get over it. Try your best!!!
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July 22, 2018, 02:55:25 PM
 #118

To concise, one of the most factor of it that can kill your trading is your emotions mate. You can't deny how much emotion you'd always inputted when you are in the middle of worse or success.  According to majority of trader, Controlling emotion can be one the key to achieve your goal. I wish you all the best and also wish me luck!

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July 22, 2018, 03:05:39 PM
 #119


I think in trading it is important to recognize mistakes and draw the right conclusions, be able to give up non-working things. Emotional components are very many, but the logic is the best trader's assistant
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July 22, 2018, 03:28:51 PM
 #120

Traders generally buy and sell securities more frequently and hold positions for much shorter periods than investors. Such frequent trading and shorter holding periods can result in mistakes that can wipe out a new trader's investing capital quickly. One of the defining characteristics of successful traders is their ability to take a small loss quickly if a trade is not working out and move on to the next trade idea. Unsuccessful traders, on the other hand, get paralyzed if a trade goes against them.
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July 24, 2018, 08:47:18 PM
 #121

I think the four factors that could destroy you in trading industry are stress, hardship, frustrations , un patience because this for four factors is always in this kind of business you must know how to deal with it.
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July 24, 2018, 10:36:34 PM
 #122

See market prices of crypto currency increasingly fluctuate I think there are a lot of traders who suffered losses, and In taking a decision, many traders are still affected by emotions. Fourth factor that's the meaning, of is a type of emotions:

- Greed
Almost all traders familiar with the types of emotions, the desire to obtain profit possible in a very short time. Greedy nature incurred due to excessive self-confidence. Usually happens after the trader earn profit in a row. They are not aware or forgot that important fact in trading is not can expect definite results of each trade.

- Fear
A sense of fear entered the market usually occur after consecutive losses experienced trader.  Fear is basically a natural response so that we can survive in the market. However, excessive fear will make traders lost the opportunity to gain profit. During trader comply with rules risk management and trading plan has been made, he should not be afraid to enter the market.

- Hope
Excessive hopes or unrealistic in trading could harm. Hope to always profit often cause traders to not follow trading plan that has been agreed upon.

- Regret
Regrets that constantly will destroy trading gradually. Regret usually arise after a trader lost some chances to buy or sell, or after experiencing considerable losses.  If it is not quickly resolved, the kind of emotion this would be developed into fear, and in extreme cases could make him leave the world of trading.

To prevent these types of emotions , we should always be aware of whether we're  in emotions when trading, because trading with the emotions will only make our trading destroy.



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July 25, 2018, 12:09:01 AM
 #123

Traders generally buy and sell securities more frequently and hold positions for much shorter periods than investors. Such frequent trading and shorter holding periods can result in mistakes that can wipe out a new trader's investing capital quickly. One of the defining characteristics of successful traders is their ability to take a small loss quickly if a trade is not working out and move on to the next trade idea. Unsuccessful traders, on the other hand, get paralyzed if a trade goes against them.

Although there are so many factors which are causing the trading to fail or can cause a big lost for you, but i think that among these factors the most important factor is the panic selling, when the price start decreasing some unexperienced people start selling their coins which in fact create panic in market and we book too much lost.
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July 25, 2018, 02:12:47 AM
 #124

It's funny that you can also use those 4 factors to make your trading better. A good amount of greed when everything is low can give you much profits in the future. Fear that you think that the value could go down so you sold a percentage of it and you were right. Hope is always beneficial. Regrets make you promise yourself that you learned your mistake and you are now the better version of yourself.
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July 25, 2018, 02:28:17 AM
 #125

focus-dont make your investment just a second option.
Knowledge-you should know best the business you have to engage
Patients-you have to be patient to deal and open minded to look for options whenever problems comes in your investment
Fear-you have to be calm whenever you heared some negative news.Be resourceful so us not to be blind of the truth.

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July 25, 2018, 03:02:43 AM
 #126


I think in trading it is important to recognize mistakes and draw the right conclusions, be able to give up non-working things. Emotional components are very many, but the logic is the best trader's assistant

Trading is a very simple concept like buy when the market price is low and sell it again when it pumps up, the problem will only occur if you cannot handle the pressure when the prices are dropping.

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July 25, 2018, 03:21:35 AM
 #127

I think the four factors that could destroy you in trading industry are stress, hardship, frustrations , un patience because this for four factors is always in this kind of business you must know how to deal with it.
I think there are many things and factors that will affect the results in the trade of someone, an factor given OP is very influential, we often see people who lose because too greedy, fear, and so on, actually other reasons also affect, you're right have to deal with it to reduce risk
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July 25, 2018, 05:54:48 AM
 #128

Panicking, lol. People nowadays always want that the value of a particular coins or tokens was always high that they were trading all of their coins having that thought that they will loss so much of money. They didn't realize that the value of coins and tokens normally goes down.
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July 25, 2018, 06:22:36 AM
 #129

This is so true. This write up was really helpful. Many traders suffer from all the points listed above. Most hope a lot and they never follow a trading strategy. I was once a victim of this until I learnt how to follow a trading strategy
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July 25, 2018, 06:31:36 AM
 #130

These factors or emotions are very much common associated with trading but hard to ignore. At times like this, we have to be prepared for whatever outcomes it may give whenever we do trading to at least lessen the regret, fear and other factors that can affect our performance.
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July 25, 2018, 06:44:50 AM
 #131

This is so true. This write up was really helpful. Many traders suffer from all the points listed above. Most hope a lot and they never follow a trading strategy. I was once a victim of this until I learnt how to follow a trading strategy
I think all these factors are normally present in a person's life but the key here is to manage them in a right way so they will not become a destruction into your trading activity.Committing mistakes will help us learn from them and eventually do the right thing in the next trading.

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July 25, 2018, 06:59:06 AM
 #132

See market prices of crypto currency increasingly fluctuate I think there are a lot of traders who suffered losses, and In taking a decision, many traders are still affected by emotions. Fourth factor that's the meaning, of is a type of emotions:

- Greed
Almost all traders familiar with the types of emotions, the desire to obtain profit possible in a very short time. Greedy nature incurred due to excessive self-confidence. Usually happens after the trader earn profit in a row. They are not aware or forgot that important fact in trading is not can expect definite results of each trade.

- Fear
A sense of fear entered the market usually occur after consecutive losses experienced trader.  Fear is basically a natural response so that we can survive in the market. However, excessive fear will make traders lost the opportunity to gain profit. During trader comply with rules risk management and trading plan has been made, he should not be afraid to enter the market.

- Hope
Excessive hopes or unrealistic in trading could harm. Hope to always profit often cause traders to not follow trading plan that has been agreed upon.

- Regret
Regrets that constantly will destroy trading gradually. Regret usually arise after a trader lost some chances to buy or sell, or after experiencing considerable losses.  If it is not quickly resolved, the kind of emotion this would be developed into fear, and in extreme cases could make him leave the world of trading.

To prevent these types of emotions , we should always be aware of whether we're  in emotions when trading, because trading with the emotions will only make our trading destroy.



It is true what you say, but it could be the opposite where that the four factors may build confidence in the trade, I think the destruction in the start of your lack of information about trading, then start buying at random without analysis.

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July 25, 2018, 07:12:44 AM
 #133

In fact, there are a lot of factors that can affect the outcome of your trade. Banal lack of sleep or problems in the family can affect your psycho-emotional state and, accordingly, the wrong perception of what is happening on the market. This will directly affect the result.
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July 25, 2018, 08:01:16 AM
 #134

constructing in your idea of fear we have the almighty FOMO. but it isn't only FOMO inside the experience you want to trap a coin going up, you may additionally FOMO and not promote a coin because you fear it could pass higher. fear performs on numerous our primal instincts and for functions of buying and selling we need to get rid of our irrational fears.
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July 25, 2018, 08:26:45 AM
 #135

Greed or greediness is the main factor why trader go broke.  Traders tend to lose more if ever the fall down continues, me as a trader have experienced this since im hoping for a comeback of the market but it did not happen. Being greedy can give you 3 things in the market, gain after gain, lose and gain or lose and lose more.

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July 25, 2018, 08:56:55 AM
 #136

See market prices of crypto currency increasingly fluctuate I think there are a lot of traders who suffered losses, and In taking a decision, many traders are still affected by emotions. Fourth factor that's the meaning, of is a type of emotions:

- Greed
Almost all traders familiar with the types of emotions, the desire to obtain profit possible in a very short time. Greedy nature incurred due to excessive self-confidence. Usually happens after the trader earn profit in a row. They are not aware or forgot that important fact in trading is not can expect definite results of each trade.

- Fear
A sense of fear entered the market usually occur after consecutive losses experienced trader.  Fear is basically a natural response so that we can survive in the market. However, excessive fear will make traders lost the opportunity to gain profit. During trader comply with rules risk management and trading plan has been made, he should not be afraid to enter the market.

- Hope
Excessive hopes or unrealistic in trading could harm. Hope to always profit often cause traders to not follow trading plan that has been agreed upon.

- Regret
Regrets that constantly will destroy trading gradually. Regret usually arise after a trader lost some chances to buy or sell, or after experiencing considerable losses.  If it is not quickly resolved, the kind of emotion this would be developed into fear, and in extreme cases could make him leave the world of trading.

To prevent these types of emotions , we should always be aware of whether we're  in emotions when trading, because trading with the emotions will only make our trading destroy.



It is true what you say, but it could be the opposite where that the four factors may build confidence in the trade, I think the destruction in the start of your lack of information about trading, then start buying at random without analysis.


Mostly likely some people are really excited to get Involved with cryptos and just Invest In different altcoin directly without knowing them well. So most of the result of their Investment were loss. They must learn from their mistake by reviewing those failed Investment In their past and make It right In the present.
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July 25, 2018, 09:31:56 AM
 #137

So four characters all in excess can disturb our trades all the time. Yes, many times that happens mate.  However, all your factors are associated with the emotional attachment of person to the trading. I guess thats the biggest mistake one can follow. The decision in this industry should not be done emotionally and if they are doing it that way then surely it is going to make the trades go upside down all the time.  Wink
Greed is the best destructor in the crypto trades because people always start their trades with the thinking that they will be earning more than 500% or 1000x this time. But they are wrong and too greedy. This should be changed if everyone wants to be successful here.
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July 25, 2018, 09:44:24 AM
 #138

Great topic, this could help us in our own battles in trading.

Just a piece of advice, only few traders sells at the peak of the
breakout and let's say 90% of that is pure luck, so don't be greedy
and wait for the peak of the breakout, hence you should secure a profit
and plan ahead.
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July 25, 2018, 10:10:50 AM
 #139

The main factor destroying my transaction is the rush, impatience, not waiting for the market to grow, the market drops. I always fear, so I sell my coins at the level. low price.
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July 25, 2018, 10:30:48 AM
 #140

In fact, there are a lot of factors that can affect the outcome of your trade. Banal lack of sleep or problems in the family can affect your psycho-emotional state and, accordingly, the wrong perception of what is happening on the market. This will directly affect the result.
If you notice in deep, you can conclude all these factors are associating with our knowledge level. You must keep your knowledge up so that you can minimize the errors which are the main cause which destroying our trading plans. We should use our knowledge and we should stick with the our plans so that we can avoid destroying our own trading.
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July 25, 2018, 11:05:27 AM
 #141

See market prices of crypto currency increasingly fluctuate I think there are a lot of traders who suffered losses, and In taking a decision, many traders are still affected by emotions. Fourth factor that's the meaning, of is a type of emotions:

- Greed
Almost all traders familiar with the types of emotions, the desire to obtain profit possible in a very short time. Greedy nature incurred due to excessive self-confidence. Usually happens after the trader earn profit in a row. They are not aware or forgot that important fact in trading is not can expect definite results of each trade.

- Fear
A sense of fear entered the market usually occur after consecutive losses experienced trader.  Fear is basically a natural response so that we can survive in the market. However, excessive fear will make traders lost the opportunity to gain profit. During trader comply with rules risk management and trading plan has been made, he should not be afraid to enter the market.

- Hope
Excessive hopes or unrealistic in trading could harm. Hope to always profit often cause traders to not follow trading plan that has been agreed upon.

- Regret
Regrets that constantly will destroy trading gradually. Regret usually arise after a trader lost some chances to buy or sell, or after experiencing considerable losses.  If it is not quickly resolved, the kind of emotion this would be developed into fear, and in extreme cases could make him leave the world of trading.

To prevent these types of emotions , we should always be aware of whether we're  in emotions when trading, because trading with the emotions will only make our trading destroy.



It should 4 motions that could destroy trading and yes I completely agree with you on this. Generally also an individual’s emotions play a great role in his or her success in life. The same applies in trading market also. The most prominent is the greed factor which destroys most of the investors. In the greed to earn more, people end up losing everything. But then I think people should try to learn from such mistakes and stop regretting about them.
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July 25, 2018, 11:46:30 AM
 #142

The main factor destroying my transaction is the rush, impatience, not waiting for the market to grow, the market drops. I always fear, so I sell my coins at the level. low price.

Well you probably should stay away from crypto if that's the case because you seem to be expecting short term returns for your capital. Definitely you'll have a hard time coping with the market movement and trading in general that way.

 
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July 31, 2018, 10:11:48 AM
 #143

A professional, a successful trader must avoid too many emotions. I mean even when he loses he should stay calm and be realistic: today you are without an income, and tomorrow you will get the largest profit.
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July 31, 2018, 10:48:55 AM
 #144

An interesting article to talk about all the emotions in trading, anyone in the transaction have these types of emotions but we need to restraint and stop at well-timed when the market fluctuates.
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July 31, 2018, 03:20:36 PM
 #145

The main factor destroying my transaction is the rush, impatience, not waiting for the market to grow, the market drops. I always fear, so I sell my coins at the level. low price.

Investors like you should higher their patience because big investors just lose their capital by selling their coins at the lowest price every time the market price is dropping.
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August 02, 2018, 09:08:12 AM
 #146

See market prices of crypto currency increasingly fluctuate I think there are a lot of traders who suffered losses, and In taking a decision, many traders are still affected by emotions. Fourth factor that's the meaning, of is a type of emotions:

- Greed
Almost all traders familiar with the types of emotions, the desire to obtain profit possible in a very short time. Greedy nature incurred due to excessive self-confidence. Usually happens after the trader earn profit in a row. They are not aware or forgot that important fact in trading is not can expect definite results of each trade.

- Fear
A sense of fear entered the market usually occur after consecutive losses experienced trader.  Fear is basically a natural response so that we can survive in the market. However, excessive fear will make traders lost the opportunity to gain profit. During trader comply with rules risk management and trading plan has been made, he should not be afraid to enter the market.

- Hope
Excessive hopes or unrealistic in trading could harm. Hope to always profit often cause traders to not follow trading plan that has been agreed upon.

- Regret
Regrets that constantly will destroy trading gradually. Regret usually arise after a trader lost some chances to buy or sell, or after experiencing considerable losses.  If it is not quickly resolved, the kind of emotion this would be developed into fear, and in extreme cases could make him leave the world of trading.

To prevent these types of emotions , we should always be aware of whether we're  in emotions when trading, because trading with the emotions will only make our trading destroy.



It’s good to have hope but do not have too much to the extent of believing that whatever you think it will be that’s what exactly its going to be, No! You shouldn’t count eggs before they hatch cause you’ don’t have the power to tell what can take place in this sort of thing.

As for fear, that’s one of the worst things, in fact fear is your worst enemy in whatever you’re doing. When you’re ready to be a successful man, you wouldn’t fear to take a step and do what you’re supposed to do to achieve your goals.
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August 02, 2018, 09:12:56 AM
 #147

Definately greediness and fear are the worst factors for a trader. It's almost the same as gambling, you win and you want more instatly because you got it easily enough. Never fall for it. Plan your selling strategies.
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August 02, 2018, 10:04:29 AM
 #148

All of four factors can combine in a single word, emotion. When you let your emotion control and decide, that make your deadly mistake. To avoid that, one of the things that professional traders do to ensure discipline during these trying times is to plan out their approach. As traders, there isn’t just one way of being profitable. There are many strategies, and approaches that can help traders accomplish their goals. But whatever is going to work for that person is often going to be a defined and systematic approach, try to pull yourself.
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August 02, 2018, 10:13:13 AM
 #149

In my opinion :
1. you are not focused
2. less time to analyze coins
3. You are afraid to fail when buying
4. You can't control your emotions when you want to sell

trade with your body and be patient
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August 02, 2018, 10:25:35 AM
 #150

Trading is first of all unpredictable, and upon that factors making it get destroyed were the lack of analysis. When one lacks in analysis or makes a wrong calculation on the analysis automatically one never gets the expected results. Next is the dependence on luck, some used to make buying and selling upon luck, which is not successful every time.

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August 02, 2018, 02:32:06 PM
 #151

I agree with your opinions. I think with bad emotions dan let them to control, they just make nonsense on trading (just make fail even though sometime also get profite). I see many of trader get loss because they follow their insting withot know what going on in the market or because covered by their greed untill they conscious with their previous decision. However, sometimes our emotions cannot be controlled even an expert. And I think it's very humanity.

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August 02, 2018, 03:53:01 PM
 #152

I think greed and impatience are the most important factors. That will be improved through failed transactions, the accumulation of experience, and thereby plan for the next step.
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August 02, 2018, 04:01:51 PM
 #153

Those are good lists of factors that could affect your trading. Even expert traders lose money in trading, that is why there is no such thing as easy money in trading. It really requires risk and patience. Impatience also leads to opportunity lose, some people are impatient and sell. Cryptocurrency market is volatile and difficult to speculate everything can change over night.
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August 02, 2018, 08:28:30 PM
 #154

I would add here impatience. Trading loves very patient people, stable and with clean minds. You must also learn how to think logically.
Impatience is the biggest reason of why people do not succeed in this market, people are always chasing yesterday profits thinking that is the way they are going to make a fortune and that is not the case, you need to find a good coin and hold it, you are going to miss some opportunities doing this but if you pick the right coin you will enjoy the benefits of holding for that long.

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August 02, 2018, 10:21:54 PM
 #155

Hope

I've thought it is a good aspect that a trader must be wear. If we have hope in trading, we can wait the price to hike forever. But I think that excessive hope will just make us disappointments when we never reach our goals. Hope is not always good as what OP said. Hope is faraway from dreams so we must wake up on a real scenario of trading.

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August 02, 2018, 11:54:32 PM
 #156

The emotions are real, I haven't experienced fear that much, not sure why. But greed and hope prevented me from taking profits, thinking and hoping that the coin I was invested in will go up even farther. And after that comes a constant state of regret. And that regret is what kills me.
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August 04, 2018, 06:16:40 AM
 #157

The emotions are real, I haven't experienced fear that much, not sure why. But greed and hope prevented me from taking profits, thinking and hoping that the coin I was invested in will go up even farther. And after that comes a constant state of regret. And that regret is what kills me.

the greed always show when we see the price increase and we want bigger profit but unfortunately, sometimes we do not remember that the price cannot always stay at the highest price. so this will prevent us to make a profit while we can and if we do not sell at that time, we can wait for a long time without knowing when the price can increase again. I agree with the 4 factors that will destroy your trading and we need to avoid this and take the profit when the price still in the higher price.

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August 04, 2018, 07:12:50 AM
 #158

The emotions are real, I haven't experienced fear that much, not sure why. But greed and hope prevented me from taking profits, thinking and hoping that the coin I was invested in will go up even farther. And after that comes a constant state of regret. And that regret is what kills me.

the greed always show when we see the price increase and we want bigger profit but unfortunately, sometimes we do not remember that the price cannot always stay at the highest price. so this will prevent us to make a profit while we can and if we do not sell at that time, we can wait for a long time without knowing when the price can increase again. I agree with the 4 factors that will destroy your trading and we need to avoid this and take the profit when the price still in the higher price.
training us to be not greedy is actually hard thing to do, it is hard to say but human already packed up with greedy  Grin. i believe a lot of traders even professional trader sometime can't control about it

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August 05, 2018, 07:46:10 AM
 #159

Greed  and emotions are very big killers of your trading career. Not having a strategy and sticking to it can affect you very much. Another is reed as well, not been contented and following your own set rules can blow away anyone's account.
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August 05, 2018, 07:55:53 AM
 #160

That's why trading with the plan will always better without one, you see the market is unpredictable and when the odds, not your favor, all you can do is stick to the plan
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August 07, 2018, 04:00:03 PM
 #161

The main factor destroying my transaction is the rush, impatience, not waiting for the market to grow, the market drops. I always fear, so I sell my coins at the level. low price.

For me, the biggest mistake of a trader is the rush and the lack of information. What do I mean? If you pick the wrong altcoin initially, without taking the time to make a personal market investigation, you will lose.
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August 07, 2018, 04:40:05 PM
 #162

I agree with you, most traders are greedy for profits that usually cause loss of profits or loss, this problem often occurs when a coin he buys goes up he will want more and choose to hold and over time the coin falls below the purchase price makes him lose even though he already gets profit if he is not greedy, as a result he can only two things, namely hold or cut loss
for fear is very detrimental to traders, usually fear in trading will have an impact on losing profits and moments so just waste time by watching without action
So the conclusion is be wise, commitment and believe that the analysis itself makes you better at trading
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August 07, 2018, 05:11:42 PM
 #163

true emotion is the number one thing that will destroy you in crypto trading, from the type of emotion that you have explained that often happens to a trader is greed, and impatience, they usually want to have short profits, but if the trader has such properties I'm sure at the end they will regret it.
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August 07, 2018, 10:11:51 PM
 #164

See market prices of crypto currency increasingly fluctuate I think there are a lot of traders who suffered losses, and In taking a decision, many traders are still affected by emotions. Fourth factor that's the meaning, of is a type of emotions:

- Greed
Almost all traders familiar with the types of emotions, the desire to obtain profit possible in a very short time. Greedy nature incurred due to excessive self-confidence. Usually happens after the trader earn profit in a row. They are not aware or forgot that important fact in trading is not can expect definite results of each trade.

- Fear
A sense of fear entered the market usually occur after consecutive losses experienced trader.  Fear is basically a natural response so that we can survive in the market. However, excessive fear will make traders lost the opportunity to gain profit. During trader comply with rules risk management and trading plan has been made, he should not be afraid to enter the market.

- Hope
Excessive hopes or unrealistic in trading could harm. Hope to always profit often cause traders to not follow trading plan that has been agreed upon.

- Regret
Regrets that constantly will destroy trading gradually. Regret usually arise after a trader lost some chances to buy or sell, or after experiencing considerable losses.  If it is not quickly resolved, the kind of emotion this would be developed into fear, and in extreme cases could make him leave the world of trading.

To prevent these types of emotions , we should always be aware of whether we're  in emotions when trading, because trading with the emotions will only make our trading destroy.



Fear is the most dangerous of all of them, once you fear what it is happening in the market you are done, controlling the rest of the points you bring is possible but once fear has taken control out of you, you will do stuff that does not make sense and goes against your own well being, that is what all of those that bought at December did when they sold their coins despite the fact they should have known better.
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August 27, 2018, 07:32:00 AM
 #165

true emotion is the number one thing that will destroy you in crypto trading, from the type of emotion that you have explained that often happens to a trader is greed, and impatience, they usually want to have short profits, but if the trader has such properties I'm sure at the end they will regret it.
Number of factors are there which can destroy your trading and it is important that you must have to manage and handle such factors in a good way, I think that a single factor is enough to destroy your trading therefore you need to be too much careful about your trading.
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August 27, 2018, 08:57:45 AM
 #166

One of the factors that destroy someone trading is taking signal from unknown channel as a result of telling the person there is a big news on that coin/token.This result in loosing a huge amount of money.

Trading against the market trend is one of the factors that destroy someone trading.This occurs when someone who normally trade during bullish market environment decide to trade on a bearish market environment.

When someone  change the trading skills that has been working for him to the ones he is not familiar with it could destroy his trading.

When a trader decide not to use the risk management method he developed from onset it could destroy his trading and this occurs as a result of greed in human beings.For example a trader is using 5% leverage and decide to be using 30%,this could destroy his trading.
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August 27, 2018, 10:03:08 AM
 #167

Margin trading is very dangereous. If you insist to try, I totally recommend you to register a demo account on etoro and try it first. Sooner or later you will loose all. Bot trading is fine
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August 27, 2018, 10:41:16 AM
 #168

Honestly, although greed is within the human nature, the human being can control it and not let it overcome him. But the urge of getting much more money ans the confidence of winning will just make things worse. All that you talked about are within the human nature. We cannot get rid of them, but we can control them the way we want them to be. It is not that hard, but it requires training. But the most important thing is to be aware of their existence in you.
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August 27, 2018, 07:08:56 PM
 #169

Although these factors seem pretty obvious, they should be refreshed for traders as a reminder because keeping them in mind is also very important. It's even more important than just the fact you have read them someday.
And yes, impatience also belongs on the list Wink
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August 28, 2018, 06:10:44 AM
 #170

See market prices of crypto currency increasingly fluctuate I think there are a lot of traders who suffered losses, and In taking a decision, many traders are still affected by emotions. Fourth factor that's the meaning, of is a type of emotions:

- Greed
Almost all traders familiar with the types of emotions, the desire to obtain profit possible in a very short time. Greedy nature incurred due to excessive self-confidence. Usually happens after the trader earn profit in a row. They are not aware or forgot that important fact in trading is not can expect definite results of each trade.

- Fear
A sense of fear entered the market usually occur after consecutive losses experienced trader.  Fear is basically a natural response so that we can survive in the market. However, excessive fear will make traders lost the opportunity to gain profit. During trader comply with rules risk management and trading plan has been made, he should not be afraid to enter the market.

- Hope
Excessive hopes or unrealistic in trading could harm. Hope to always profit often cause traders to not follow trading plan that has been agreed upon.

- Regret
Regrets that constantly will destroy trading gradually. Regret usually arise after a trader lost some chances to buy or sell, or after experiencing considerable losses.  If it is not quickly resolved, the kind of emotion this would be developed into fear, and in extreme cases could make him leave the world of trading.

To prevent these types of emotions , we should always be aware of whether we're  in emotions when trading, because trading with the emotions will only make our trading destroy.



It is mainly newbies who never learnt anything about Crypto trading that will be afraid of trading and they all end up losing their money in the process. As for those of us who has been into it for a long time our own problem is greed lol.

Most of us wants to take everything, they want make millions in a single and in the process the market might just crash and they lose their money. As for hope, Bitcoin is volatile and you shouldn’t be having faith that price will always go in favor of you or according to your plans, anything can happen
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August 28, 2018, 08:38:14 AM
 #171

Emotion is the hardest obstacle to overcome in trading, rather than sticking with the first plan we make. People tend to give in to emotions when they win or lose, because human nature makes it difficult to work logically when we achieve something, we want recognition and when we lose something. Traders never stop learning, and that's what makes them pro until now. If a trader cannot find time to learn then it would be better to stop the trading career.
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August 28, 2018, 08:41:07 AM
 #172

See market prices of crypto currency increasingly fluctuate I think there are a lot of traders who suffered losses, and In taking a decision, many traders are still affected by emotions. Fourth factor that's the meaning, of is a type of emotions:

- Greed
Almost all traders familiar with the types of emotions, the desire to obtain profit possible in a very short time. Greedy nature incurred due to excessive self-confidence. Usually happens after the trader earn profit in a row. They are not aware or forgot that important fact in trading is not can expect definite results of each trade.

- Fear
A sense of fear entered the market usually occur after consecutive losses experienced trader.  Fear is basically a natural response so that we can survive in the market. However, excessive fear will make traders lost the opportunity to gain profit. During trader comply with rules risk management and trading plan has been made, he should not be afraid to enter the market.

- Hope
Excessive hopes or unrealistic in trading could harm. Hope to always profit often cause traders to not follow trading plan that has been agreed upon.

- Regret
Regrets that constantly will destroy trading gradually. Regret usually arise after a trader lost some chances to buy or sell, or after experiencing considerable losses.  If it is not quickly resolved, the kind of emotion this would be developed into fear, and in extreme cases could make him leave the world of trading.

To prevent these types of emotions , we should always be aware of whether we're  in emotions when trading, because trading with the emotions will only make our trading destroy.



I would add one more factor. It's the usage of high leverage/margin. As we know from FOREX 200:1 margin will definitely kill any deposit. In the crypto trading even 5:1 margin will kill your deposit because of:
- high volatility
- high manipulations
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August 28, 2018, 09:31:37 AM
 #173

I would add here impatience. Trading loves very patient people, stable and with clean minds. You must also learn how to think logically.
yes maybe what you say there is a truth too, impatience sometimes always ends regret, and it is very often experienced by a trader, so the thing that must be prepared before becoming a trader is patience and emotion, both of which must be considered to be professional traders .
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August 28, 2018, 09:44:23 AM
 #174

I would add here impatience. Trading loves very patient people, stable and with clean minds. You must also learn how to think logically.
yes maybe what you say there is a truth too, impatience sometimes always ends regret, and it is very often experienced by a trader, so the thing that must be prepared before becoming a trader is patience and emotion, both of which must be considered to be professional traders .
Impatient? That person doesn't do anything including trading, many bad decisions in my past also related to impatience. This is a very important factor.
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August 28, 2018, 05:47:18 PM
 #175

This article is useful for traders discussing strategies to deal with these emotions as they transact and reduce their influence to become a good trader. I like dealing, because I can control my emotions more than finding a profit.
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August 28, 2018, 05:50:49 PM
 #176

Greed  and emotions are very big killers of your trading career. Not having a strategy and sticking to it can affect you very much. Another is reed as well, not been contented and following your own set rules can blow away anyone's account.

Greed is major factor which can kill your profits and can take away your principal amount as well. Have seen people who had being making good money but due to desire of making more they lost everything and at the end of the day they return empty hand.
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August 28, 2018, 07:36:55 PM
 #177

I think that there are more factors than the 4 mentioned here but to my mind, you need to take all of them into account. They are the most important factors which can prevent you from trading
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August 28, 2018, 08:02:48 PM
 #178

The true investors are always defined by the strategy of trading. Besides he has to make his decisions without emotions, with clear head. So I fully agree with the author of the topic.
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August 28, 2018, 08:31:31 PM
 #179

Indeed, the 4 factors presented here are important but of course does not comprise all of the dangerous trading factors. Personally, one that's hard to battle with is the human emotion of 'greed'.
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August 28, 2018, 11:11:52 PM
 #180

Yes, these negative emotions are disastrous for traders. Many of us have passed through them. Only some have drawn conclusions and are no longer captives of these emotions, and some are completely absorbed in these emotions and can't get rid of their influence. All these emotions are natural for a person, only successful people differ in that they are able to take even such emotions under control.
I wish everyone to become successful!


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August 28, 2018, 11:49:08 PM
 #181

there are two things that are most influential at the moment, namely fomo because of the unbalanced market conditions, and also the prolonged emotions because of that, I chose to remain stable and continue to do activities as usual, the impact of which I got more understanding about the real potential of coins trade is not easy and must be understood in systemic analysis.
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August 29, 2018, 12:16:16 AM
 #182

Very good opinion and the truth is that investments require a cold analysis to detect positive and negative signals, although there is always an emotional factor related to money and it is necessary to learn to control it.
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August 29, 2018, 02:47:03 AM
 #183

Indeed, the 4 factors presented here are important but of course does not comprise all of the dangerous trading factors. Personally, one that's hard to battle with is the human emotion of 'greed'.
Yeah I admit that greedy is a very influential thing for the losses that you might get and that might give a big loss. like me right now.
I'm too greedy to hold my bitcoins from the beginning of the year because I expect higher prices. and you know the results
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August 29, 2018, 02:56:18 AM
 #184

Indeed, the 4 factors presented here are important but of course does not comprise all of the dangerous trading factors. Personally, one that's hard to battle with is the human emotion of 'greed'.
Yeah I admit that greedy is a very influential thing for the losses that you might get and that might give a big loss. like me right now.
I'm too greedy to hold my bitcoins from the beginning of the year because I expect higher prices. and you know the results

holding a coin isnt a greedy move but selling too early is .  though it'll also depend on the situation . let say you sell your coins too early because you need the money for some important spendings , then that is not a greedy move because you are only prioritizing your own life rather than cryptos .

being greedy is not a good trait and should be erase from our selves as it will only cause us for more problems in the future if ever we insist to do illegal act because of greed .
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August 29, 2018, 04:20:22 AM
 #185

I think the 4 factors that you mentioned are very true and nowadays there are so many people who are very greedy and they are too hopeful and cannot control the patience they have.
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August 29, 2018, 04:30:56 AM
 #186

Yeah you are right and me and my friend are almost emotional when they get a loss on the market, because waiting for the recovered asset price to take a short time and I will try your advice to trade again.
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August 29, 2018, 05:12:26 AM
 #187

Tslke about factors that could destroy ones trading. We don't have to look for many factors to draw our conclusion from. Greed alone can destroy ones trading plans. The urge to make more profit while you are already on profit is dangerous. Let try and avoid it
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August 29, 2018, 05:25:23 AM
 #188

yes I agree, in trading we must remain calm and not need to be too emotional, we must be able to think clearly to analyze the market and make decisions correctly and take the opportunities to get profit
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August 29, 2018, 06:06:45 AM
 #189

the 4 factor will always be on our side, and we cannot deny or rejected. but as long as we can control our emotion in trading, I think we can prevent to get a loss, and we can make a good strategy in our trading time. we don't have to become greed when we can see the price increase higher, and we only take the profit before the price is back to go down again. fear will always stay with us, and we cannot make a buy order if we are still afraid of the fluctuating of the price. hope will come to us even in the worst situations because we still want to make a profit from the crypto market, so we still believe that the crypto market will increase again. regret will be part of our trading time, and if we can use the mistake as our lesson, then I think we can move on, and we can prevent the same error in the future.

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August 29, 2018, 08:27:25 AM
 #190

I agree that these factors significantly affect the results of the trader and you need to learn how to control them, then everything will be easier. It is always desirable to fix the profit of 30-50%!
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August 29, 2018, 08:36:16 AM
 #191

All these are basically emotions. So in general, trading will somehow be crippled down by emotions. Cryptocurrency trading is not for the emotionals. Emotions do not have a space in this arena. This is a place for reason and rational strategies and decisions. We have to supplant any emotional outbursts. Otherwise, the ending will always be regrets.

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August 29, 2018, 08:53:10 AM
 #192

yes you are right These 4 factors can make many people experience losses when trading because they cannot control their greed and cannot control their patience.
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August 29, 2018, 09:13:13 AM
 #193

The trader should know himself, his strengths and weaknesses and, based on this, he will choose the strategy of earning. For example, if you are calm and know how to wait - invest in ICO, if you are adventurous and quick - think about arbitration. Each strategy is individual. You can even use several if they suit you
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August 29, 2018, 09:49:32 AM
 #194

I think the worst thing is that traders are unable to calculate their own risks.
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August 29, 2018, 03:44:40 PM
 #195

I think the four factors that you mentioned are true, but you still lack a few more factors and this factor is very important to be able to get success, the factor that I mean is patience, patience is very important.
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August 29, 2018, 03:50:44 PM
 #196

yeah, I think that's right. the greed will make the profit you get lost, it will even turn into a loss. while others are supporters of great losses. calm attitude, and grateful will be a good attitude in trading.

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August 29, 2018, 03:58:46 PM
 #197

I think this is indeed what can influence the new traders, including me, I can better understand why I am very difficult to get profit.

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August 29, 2018, 04:14:30 PM
 #198

Yes, these negative emotions are disastrous for traders. Many of us have passed through them. Only some have drawn conclusions and are no longer captives of these emotions, and some are completely absorbed in these emotions and can't get rid of their influence. All these emotions are natural for a person, only successful people differ in that they are able to take even such emotions under control.
I wish everyone to become successful!
In fact there are many things and factors that influence the results in trading and negative emotions play an important role in the outcome. when you are too emotional in trading you certainly will not be able to do calculations carefully because you are not thinking clearly. yeah you're right a great trader is those who can control their emotions
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August 29, 2018, 04:32:51 PM
 #199

Who would not be afraid when the price of a coin or altcoin fell as a result of panic in the event of a huge drop in stock and it is better to choose another coin to start a new profit.

INVECH - SECURE AND LICENSED CRYPTOCURRENCY EXCHANGE - INVECH (https://bitcointalk.org/index.php?topic=5052844.0)
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August 29, 2018, 04:56:35 PM
 #200

Yes, you are right, these factors are often encountered in some new traders, which eventually makes this new trader destroyed and has a huge loss.
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August 29, 2018, 08:55:49 PM
 #201

See market prices of crypto currency increasingly fluctuate I think there are a lot of traders who suffered losses, and In taking a decision, many traders are still affected by emotions. Fourth factor that's the meaning, of is a type of emotions:

- Greed
Almost all traders familiar with the types of emotions, the desire to obtain profit possible in a very short time. Greedy nature incurred due to excessive self-confidence. Usually happens after the trader earn profit in a row. They are not aware or forgot that important fact in trading is not can expect definite results of each trade.

- Fear
A sense of fear entered the market usually occur after consecutive losses experienced trader.  Fear is basically a natural response so that we can survive in the market. However, excessive fear will make traders lost the opportunity to gain profit. During trader comply with rules risk management and trading plan has been made, he should not be afraid to enter the market.

- Hope
Excessive hopes or unrealistic in trading could harm. Hope to always profit often cause traders to not follow trading plan that has been agreed upon.

- Regret
Regrets that constantly will destroy trading gradually. Regret usually arise after a trader lost some chances to buy or sell, or after experiencing considerable losses.  If it is not quickly resolved, the kind of emotion this would be developed into fear, and in extreme cases could make him leave the world of trading.

To prevent these types of emotions , we should always be aware of whether we're  in emotions when trading, because trading with the emotions will only make our trading destroy.



This makes a lot of sense...essentially you could say that every emotion is in the way of successful trading, whether negative or positive. It gets more difficult to stay neutral the higher the amount you have on the table. So place smaller bets, it makes it way easier.
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August 29, 2018, 09:28:22 PM
 #202

I have spent my early days of trading working hard to eliminate emotion and move on when trades lose. Get in place an almost robotic strategy that pays more on winners and cuts lowers quickly. E.g. aiming for 3% on each trad but cutting losses at 2% means that I only need 40% of trades to "win" in order to at minimum break even. 50:50 = profit.

For trading.....I personally use the orderbook on very high volume coins to try and tell where the next swing is going to be (up or down). I learned it here: Voodoo Crypto Discord for those interested.

Let me know what you all do and your successes.
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August 29, 2018, 11:19:16 PM
 #203

Great post, and tons of helpful advice!

I found a discord group that is super helpful when it comes to learning how to day trade, and I've seen tremendous success with them.

Check it out! Voodoo Crypto

Check out the fastest growing Facebook community for crypto traders!
--- www.facebook.com/groups/TheArtofCrypto ---
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August 30, 2018, 01:50:22 AM
 #204

The 4 things that destroyed my trade were when the price of coins in the market was decreasing, it was difficult to find profits in the trade market, when we trade, we often lose, if we trade, we have to use it in the long run, it is 4 that destroys my trade when trading.

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August 30, 2018, 03:39:36 AM
 #205

Demand for power purchase and selling power as well as government decisions regarding bitcoin-related policies will impact the price that impacts the transaction.
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August 30, 2018, 08:10:25 AM
 #206

Greed  and emotions are very big killers of your trading career. Not having a strategy and sticking to it can affect you very much. Another is reed as well, not been contented and following your own set rules can blow away anyone's account.

Traders can be very emotional people, but they need to restrain their emotions, control them. When you are a greedy man, it never helps you in a trading business.
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August 30, 2018, 08:26:16 AM
 #207

Emotion is the hardest obstacle to overcome in trading, rather than sticking with the first plan we make. People tend to give in to emotions when they win or lose, because human nature makes it difficult to work logically when we achieve something, we want recognition and when we lose something. Traders never stop learning, and that's what makes them pro until now. If a trader cannot find time to learn then it would be better to stop the trading career.
Emotion will always be an obstacle but this is an obstacle that is very paramount to those who simply take trading as gambling. A lot of traders trade the market without strategy and as long as you do not have that, then, you are gambling. Ask some today and all they will tell you they know is buy low and sell high, then, have some patience in between. They keep forgetting with knowledge, they can actually do better than that, but as much as the information is out there, just very few people look for it.
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August 30, 2018, 08:31:40 AM
 #208

Greed  and emotions are very big killers of your trading career. Not having a strategy and sticking to it can affect you very much. Another is reed as well, not been contented and following your own set rules can blow away anyone's account.

Traders can be very emotional people, but they need to restrain their emotions, control them. When you are a greedy man, it never helps you in a trading business.

greed is not new to us and all of us do have this trait but its up to you on how you handle your greed .  too much is always bad , so it is always recomended to minimize your greed by controling your self or diverting your mind on to other meaningful things like helping others in a small way .

 now if you feel that you are still greedy , then much better if you can learn other skill aside form trading . like for example you can also do investing ( i.e investing in crypto or other assets )    .
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August 30, 2018, 08:41:28 AM
 #209

Greed  and emotions are very big killers of your trading career. Not having a strategy and sticking to it can affect you very much. Another is reed as well, not been contented and following your own set rules can blow away anyone's account.

Traders can be very emotional people, but they need to restrain their emotions, control them. When you are a greedy man, it never helps you in a trading business.
Staying calm and capturing market trends is a key factor for investors to succeed in today's volatile cryptocurrency market. I hope that investors will also have a clear investment plan and adhere to it so that they do not have to worry about the market changes.
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August 30, 2018, 11:44:04 AM
 #210

Indeed, the 4 factors presented here are important but of course does not comprise all of the dangerous trading factors. Personally, one that's hard to battle with is the human emotion of 'greed'.
Yeah I admit that greedy is a very influential thing for the losses that you might get and that might give a big loss. like me right now.
I'm too greedy to hold my bitcoins from the beginning of the year because I expect higher prices. and you know the results

I am sure that the person who always thinks he must hurry up to do this or that exchanges, is a potential loser. Be patient. Make the operation only after you think it over.
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August 30, 2018, 11:48:58 AM
 #211

See market prices of crypto currency increasingly fluctuate I think there are a lot of traders who suffered losses, and In taking a decision, many traders are still affected by emotions. Fourth factor that's the meaning, of is a type of emotions:

- Greed
Almost all traders familiar with the types of emotions, the desire to obtain profit possible in a very short time. Greedy nature incurred due to excessive self-confidence. Usually happens after the trader earn profit in a row. They are not aware or forgot that important fact in trading is not can expect definite results of each trade.

- Fear
A sense of fear entered the market usually occur after consecutive losses experienced trader.  Fear is basically a natural response so that we can survive in the market. However, excessive fear will make traders lost the opportunity to gain profit. During trader comply with rules risk management and trading plan has been made, he should not be afraid to enter the market.

- Hope
Excessive hopes or unrealistic in trading could harm. Hope to always profit often cause traders to not follow trading plan that has been agreed upon.

- Regret
Regrets that constantly will destroy trading gradually. Regret usually arise after a trader lost some chances to buy or sell, or after experiencing considerable losses.  If it is not quickly resolved, the kind of emotion this would be developed into fear, and in extreme cases could make him leave the world of trading.

To prevent these types of emotions , we should always be aware of whether we're  in emotions when trading, because trading with the emotions will only make our trading destroy.




I'm general traders should learn to avoid making emotional decisions.
All your strategies should be based on technical analysis and expected price movements.
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August 31, 2018, 08:03:29 AM
 #212

Greed  and emotions are very big killers of your trading career. Not having a strategy and sticking to it can affect you very much. Another is reed as well, not been contented and following your own set rules can blow away anyone's account.

Traders can be very emotional people, but they need to restrain their emotions, control them. When you are a greedy man, it never helps you in a trading business.

greed is not new to us and all of us do have this trait but its up to you on how you handle your greed .  too much is always bad , so it is always recomended to minimize your greed by controling your self or diverting your mind on to other meaningful things like helping others in a small way .

 now if you feel that you are still greedy , then much better if you can learn other skill aside form trading . like for example you can also do investing ( i.e investing in crypto or other assets )    .

I cannot imagine a greedy person who is ready to confess that he is greedy. I am sure that the main factor that can destroy your trading is the wrong choice of the cryptocurrencies.
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August 31, 2018, 05:18:55 PM
 #213

Too much volatility is the number one fact which can destroy ones trading. Besides Emotion, Trade against trend, Hope for daily profit. Everyday isn’t same. If you can make huge profit today or at least a minimum amount of profit then you must hope for next day same things happen. But if the market goes wrong or volatility comes then you can’t take care about your trade. Two trade or three trade lose can make you so emotional that even you probably can forget that you had already made profit. If you trade as ablind I mean if you trade against trend then sure first two or three trade you can win but if you try more then you must lose. 
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August 31, 2018, 05:24:54 PM
 #214

These important determinant of trading success or failure should be constantly weigh in on our trade and investment every steps of the way.  We should constantly ask ourselves if we are emotionally distracted by this negative emotions!

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August 31, 2018, 09:46:52 PM
 #215

greedy and panic. these two diseases are very difficult to remove.
because this is emotion and there is a kind of energy that encourages humans to be greedy.
greedy makes trading like gambling, and finally we lose gratitude and lose a lot of money.

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September 01, 2018, 09:06:34 AM
 #216

See market prices of crypto currency increasingly fluctuate I think there are a lot of traders who suffered losses, and In taking a decision, many traders are still affected by emotions. Fourth factor that's the meaning, of is a type of emotions:

- Greed
Almost all traders familiar with the types of emotions, the desire to obtain profit possible in a very short time. Greedy nature incurred due to excessive self-confidence. Usually happens after the trader earn profit in a row. They are not aware or forgot that important fact in trading is not can expect definite results of each trade.

- Fear
A sense of fear entered the market usually occur after consecutive losses experienced trader.  Fear is basically a natural response so that we can survive in the market. However, excessive fear will make traders lost the opportunity to gain profit. During trader comply with rules risk management and trading plan has been made, he should not be afraid to enter the market.

- Hope
Excessive hopes or unrealistic in trading could harm. Hope to always profit often cause traders to not follow trading plan that has been agreed upon.

- Regret
Regrets that constantly will destroy trading gradually. Regret usually arise after a trader lost some chances to buy or sell, or after experiencing considerable losses.  If it is not quickly resolved, the kind of emotion this would be developed into fear, and in extreme cases could make him leave the world of trading.

To prevent these types of emotions , we should always be aware of whether we're  in emotions when trading, because trading with the emotions will only make our trading destroy.

Actually there are many another factors which can negatively affect on trading, as not adherence to principles of diversification and money management, lack of knowledge about trading, fundamental and technical analysis.
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September 01, 2018, 09:18:36 AM
 #217

- Hope
Excessive hopes or unrealistic in trading could harm. Hope to always profit often cause traders to not follow trading plan that has been agreed upon. .

To prevent these types of emotions , we should always be aware of whether we're  in emotions when trading, because trading with the emotions will only make our trading destroy.
Hope and greed caught me several times. I've been into a lot of position where I stand on almost 50% profit in a leveraged trade but did not close my position, thinking that the price will fall/rise more. What happened next is it move away from the direction I was hoping and I ended up liquidated. Lesson learned.

It's hard to keep your emotion when trading with real money, especially if it was a big sized trade. Does anyone have a real, applicable tips how to manage emotion?
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September 01, 2018, 11:39:33 AM
 #218

Honestly, although greed is within the human nature, the human being can control it and not let it overcome him. But the urge of getting much more money ans the confidence of winning will just make things worse. All that you talked about are within the human nature. We cannot get rid of them, but we can control them the way we want them to be. It is not that hard, but it requires training. But the most important thing is to be aware of their existence in you.
Normally, it is within every human to always try to assume the best case scenarios and setting aside the worst case scenarios in most cases. These are two things needed in the trading space which is why it would be hard for anyone to trade any market if they have no strategy and definitely cannot have any strategy if they do not even know all the basics that is needed to know.
As long as you have the knowledge and strategy, which you are disciplined enough to go through all the time, greed, fear, hope, regret and to add, indecision, will be the last factors that would ever come to play.
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September 01, 2018, 11:48:19 AM
 #219

See market prices of crypto currency increasingly fluctuate I think there are a lot of traders who suffered losses, and In taking a decision, many traders are still affected by emotions. Fourth factor that's the meaning, of is a type of emotions:

- Greed
Almost all traders familiar with the types of emotions, the desire to obtain profit possible in a very short time. Greedy nature incurred due to excessive self-confidence. Usually happens after the trader earn profit in a row. They are not aware or forgot that important fact in trading is not can expect definite results of each trade.

- Fear
A sense of fear entered the market usually occur after consecutive losses experienced trader.  Fear is basically a natural response so that we can survive in the market. However, excessive fear will make traders lost the opportunity to gain profit. During trader comply with rules risk management and trading plan has been made, he should not be afraid to enter the market.

- Hope
Excessive hopes or unrealistic in trading could harm. Hope to always profit often cause traders to not follow trading plan that has been agreed upon.

- Regret
Regrets that constantly will destroy trading gradually. Regret usually arise after a trader lost some chances to buy or sell, or after experiencing considerable losses.  If it is not quickly resolved, the kind of emotion this would be developed into fear, and in extreme cases could make him leave the world of trading.

To prevent these types of emotions , we should always be aware of whether we're  in emotions when trading, because trading with the emotions will only make our trading destroy.



Thanks for sharing
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September 01, 2018, 11:54:33 AM
 #220

Below are few factors that almost destroyed my trade sometime ago.
1. Greed
2. Impatience/Impulsive
3. In experience
4. Fear
5. Anger
6. Regret.
But now, although i sometime wear some fear, i try to control my emotions and plan very well before entering and getting out of the trade. I am also trying to work on my greed. I am adopting the little drop of water concept.
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September 15, 2018, 01:52:57 PM
 #221

The main factor destroying my transaction is the rush, impatience, not waiting for the market to grow, the market drops. I always fear, so I sell my coins at the level. low price.

For me, the biggest mistake of a trader is the rush and the lack of information. What do I mean? If you pick the wrong altcoin initially, without taking the time to make a personal market investigation, you will lose.

Basically, the dominant mistakes of many people is lack of knowledge. When one plan to enter the crypto market, he mostly hurry up on focusing the benefit that one’s project gave out, without a doubt whether it’s a scam or not. Then he firstly get failed on crypto market. When one has intimate knowledge, he is definitely curious about the project a lot, and yep he will take some research, and probably get much considered on it. Besides, experience and skills one has built will affect dramatically on his result. Because when he has both of factors, he may control his investing, trading closely.
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September 15, 2018, 02:44:04 PM
 #222

you are right and the 4 things that will make your trade successful are
1. patience
2. optimistic
3. right analysis
4. learn from mistakes
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