What are common mistakes and problems of the traders?

[ChristopherAngelo]

Hello traders!


I am new here in this forum I don't have more knowledge about tradings, but I think maybe someday if I will given a chance to do trading I think I should try it. So I always read articles about tradings and also I read threads here in our forum about trading discussion. However I would like to ask all traders here that have more experiences about trading if what was the common problems that encountered of an ordinary traders?  And what was the common mistakes had you ever experienced and how could you manage this problem and mistakes? 


Can you share your thoughts and experiences about tradings.



Thank you in advance.

You should try it! Why hesitate, at least just put in something small like a $100 worth into an exchange and start getting used to trading in the crypto markets. You should look to earn big first, so instead of calculating profits in actual amounts, use percentages. This way when you've tracked your profit records in percentages, you will feel more comfortable to inject more money in as you notice which strategies have a higher chance of turning a profit and which do no. A common mistake is to panic sell and not setting up a stop loss. Just be patient and do not trade with your emotions!

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[forestgunman]

I think the common mistakes and problems of most traders are that they don't have a trading strategy thus don't know when to sell their coins. Even though there is a significant increase in price, they still hesitate to sell and thus miss the best chance to sell

[maaydin]

i  think  that  the  only  reason  that  traders  have common  mistakes  of  them  is the  lack  of  knowledge  and  this  makes you a  person without a goal and this is a big  mistake according to me first  you have  to  know  the job you are going inside.

[mikhailkudig]

I think the common mistakes of novice traders include impatience and the desire to quickly withdraw money from the case.

[rapsa2018]

My common mistakes and problems for me as a trader, some times that I can't predict price that i buy high price and i sell low price so i loss my profit for my biggest mistakes in trading.

[rezmo]

welcome to the crypto world , nowadays we can see many people got into trading , but most of them have lack of knowledge, that the main reason to lose their trades, because trading is not magic it is a art of science if you learn the basics then you understand how the market is behaving without the knowledge its only a gambling shot. and you must have the patient without it results will be terrible

[crpytpublica]

The most gross errors are that as soon as a novice trader notices a drop in the price of the invested currency, he begins to panic and sell it.

[NorihiroName]

As for me the most common thing is going for trading without good experience and knowledge, that's always extremely risky and usually results in serious losses.

[South Park]

One very common mistake that I see among day traders is that they do not calculate how much the exchange fees are going to eat their profits, it may seem like the fees are small and are not a big deal but over time the fees of the exchange and the spread are going to be the biggest obstacle to become a profitable trader and that is a barrier that very few are able to overcome.

[Duogembrot]

usually the mistakes that occur with these traders are that they cannot control the patience they have and it is very easy to be affected by bad news so that they will only get losses when making same mistakes repeatedly.

[Arthurian60]

Sometimes traders makes so many mistakes and then encounter problems Midway. Some of the common mistakes that traders face are Greediness, fomo,  trading without system. These are some of the mistakes that traders makes.

[gurang]

Hello traders!


I am new here in this forum I don't have more knowledge about tradings, but I think maybe someday if I will given a chance to do trading I think I should try it. So I always read articles about tradings and also I read threads here in our forum about trading discussion. However I would like to ask all traders here that have more experiences about trading if what was the common problems that encountered of an ordinary traders?  And what was the common mistakes had you ever experienced and how could you manage this problem and mistakes? 


Can you share your thoughts and experiences about tradings.



Thank you in advance.

Stress because they dont have to do there self if they tired or so what ever thats the one of the problem of traders or in all work because it is a problem to them so that we should understand if they are stress because all work is not easy all work have a Hard in our self.

[emberbekas]

Too quick to make decisions that are influenced by feelings fear of losing more money when the market is in a downtrend. Excessive emotions will have an impact on the final results of our trading activities. we should hold on to a plan that we have made well in advance.

[bit:boy]

there are tons of mistakes new traders do but gaining experience then only we know that mistakes and we must correct it

[popolite11]

Never be in a hurry, even when you are involved in day trading. You should take all the decisions only when you are sure you are not making a mistake.

[Johnzky]

Fear . I think this is the problem most traders encounter. And my self is like that, the time when I first invested I lost a lot because of this. And now I have improved it.

What about fear?i dont get the idea on that answer mate since you didn’t elaborate your concern,afraid in losing thats why selling to cut loss?that means panicking though

Maybe the best reason why traders fails because of greediness,always looking for higher profit and ending to being dumped of the coin he bought

Contentment is one good key if you want to succeed in trading,take the small profit and dont look for huge income

[peter0425]

Fear . I think this is the problem most traders encounter. And my self is like that, the time when I first invested I lost a lot because of this. And now I have improved it.

What about fear?i dont get the idea on that answer mate since you didn’t elaborate your concern,afraid in losing thats why selling to cut loss?that means panicking though

Maybe the best reason why traders fails because of greediness,always looking for higher profit and ending to being dumped of the coin he bought

Contentment is one good key if you want to succeed in trading,take the small profit and dont look for huge income

Right, traders seems to not understand that they don't need to be greedy everytime. Sometimes its best to get out early and book the profits. No need to stay long and hope that the price could go on another price run, because 90% of the time, it doesn't hold up and eventually the dump will be huge that the price will go and plummet to floor price.

[akram143]

Fear . I think this is the problem most traders encounter. And my self is like that, the time when I first invested I lost a lot because of this. And now I have improved it.

What about fear?i dont get the idea on that answer mate since you didn’t elaborate your concern,afraid in losing thats why selling to cut loss?that means panicking though

Maybe the best reason why traders fails because of greediness,always looking for higher profit and ending to being dumped of the coin he bought

Contentment is one good key if you want to succeed in trading,take the small profit and dont look for huge income

Right, traders seems to not understand that they don't need to be greedy everytime. Sometimes its best to get out early and book the profits. No need to stay long and hope that the price could go on another price run, because 90% of the time, it doesn't hold up and eventually the dump will be huge that the price will go and plummet to floor price.

The main problem that I was found in the most of the traders is to be more quick for taking bad decision and lazy when to take the good decision it will be only came from us we can change it with your experience then only you can do the professional way to handle the trading for making money easily.

[asyakashi]

I think the common mistakes of novice traders include impatience and the desire to quickly withdraw money from the case.

anyone is getting great pressure due to the current market situation. I think it is part of the strategy and holding back is not necessarily a good decision.
at least selling is the biggest strategy to reduce bigger losses.

[iMark]

Fear . I think this is the problem most traders encounter. And my self is like that, the time when I first invested I lost a lot because of this. And now I have improved it.

What about fear?i dont get the idea on that answer mate since you didn’t elaborate your concern,afraid in losing thats why selling to cut loss?that means panicking though

Maybe the best reason why traders fails because of greediness,always looking for higher profit and ending to being dumped of the coin he bought

Contentment is one good key if you want to succeed in trading,take the small profit and dont look for huge income

Right, traders seems to not understand that they don't need to be greedy everytime. Sometimes its best to get out early and book the profits. No need to stay long and hope that the price could go on another price run, because 90% of the time, it doesn't hold up and eventually the dump will be huge that the price will go and plummet to floor price.

every trader wants the biggest profit from every trade they make. whereas the opportunity to sell will be wasted if they are too
greedy, sometimes taking small profits is better than waiting too long but then prices fall and make you lose