4 factors that could destroy your Trading

[Joemzz31]

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.

[Iandi anne]

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.

[MMA]

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.

[imsotiredofmoviereboots]

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.

[anavir]

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.

[websoftwareengineer]

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.

[mornabo]

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

[JoshKulot]

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.

[Davido1174]

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

[maxreish]

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.

[Finestream]

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.

[ufaiz50]

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.

[Dimon8]

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.

[Offece]

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.

[Kahoy01]

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.

[julzcoinbit]

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.

[Ctn]

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. 
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.

[racingboy]

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.

[777Jolami]

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.

[NeeNts]

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.