lavishlifing
Newbie
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Activity: 143
Merit: 0
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August 27, 2018, 02:33:28 PM |
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Relying on luck alone, luck might give you a chance of winning a trade but knowlege gives you more chances of winning. So think again.
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Boys27
Full Member
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Activity: 329
Merit: 100
The Exchange for EOS Community
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August 27, 2018, 02:38:40 PM |
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Common problems faced by traders are wrong to take a buy or sell position so that they make a loss, sell panic when the coin purchased has decreased considerably, while the coin has decreased only temporarily. The most important trading success tips don't panic
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prtty2gal2
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August 28, 2018, 06:13:02 AM |
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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.
The common problem with traders, especially newbies is FEAR (of losing their money), but you need to understand that there are risks involved and this is like gambling, so anyone who is into it is ready to do lose or win, they are always ready to accept whatever may be their fate so you must also do the same. Another thing you have to do is avoid greed, cause if you follow the path of greed you will end up in heavy regret. Just do a lot of practice, invest little and take courage, slow and steady wins the race.
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Jateng
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August 28, 2018, 08:19:01 AM Last edit: August 28, 2018, 09:33:15 AM by Jateng |
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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.
After receiving my bounty reward, I do trade the coin I've got. As a trader, most of my error is I cannot determine if this coin is right to be sold in this particular time or not. I do hold some shit coins (Yea its true) it also do happened that I sell the wrong coin. I think this is probably the biggest mistake I've ever done in my life.
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Renegadegate
Newbie
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Activity: 18
Merit: 0
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August 28, 2018, 09:52:09 AM |
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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 must not be too emotional and do trading without a clear plan. When you are overly emotional, you are prone to making mistakes and as a result losing money....
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hermankoles
Jr. Member
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Activity: 275
Merit: 1
https://customcontract.network
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August 28, 2018, 10:11:30 AM |
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mistakes when buying instead you enter the selling column and vice versa. I was also stuck on a graph that dropped sharply but the trading volume was so small that I had to wait a long time to get a profit
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katuhakuh
Jr. Member
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Activity: 322
Merit: 2
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August 28, 2018, 12:55:29 PM |
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Yes, most of our mistakes are emotionally difficult to control in trading. Motivation that is impatient, greedy, and habitual is formed, maybe if you lose strategy and eventually lose money.
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JoMarrah Iarim Dan
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August 28, 2018, 01:10:09 PM |
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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.
Base on my personal experience, my mistakes in trading are: 1) I sell good coins and keep in me the bad coins 2) I do panic. In times of low, I panic then I choose to cut my losses instead of wait and hold because the coin rise soon. 3) I should sold good tokens but I choose not to. I still find how can I limit this kind of things especially the first one. I have to keep learning so that I will never repeat the same mistake. I also want to learn how to overcome my emotions because it is a big factor that affects me.
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Traslavin
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August 28, 2018, 01:49:33 PM |
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Not all the time we've been lucky and all are just winning. It happen sometimes that we also experiencing troubles and crisis. Some traders won't survive and leave crypto with hates in their hearts, but our life needs to face the hardest challenge in order to survive and make chances to win the fight.
That's why I believe in luck and I believe that if it's your time to get that profit then it would be yours. If it's your time or your lucky time even if the market is down then you'd still have the guts to win it but not 100% you have this lucky. So better be prepared and better to be wise enough in decision you deal with.
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Herostorm
Newbie
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Activity: 126
Merit: 0
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August 28, 2018, 02:26:48 PM |
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In my opinion, the common mistake of the trader is the rush, the rush will cause us to lose the intelligence, so I think that should not be too rush will lose more opportunities in the future.
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sirminesalot
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August 28, 2018, 02:34:59 PM |
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mistakes when buying instead you enter the selling column and vice versa. I was also stuck on a graph that dropped sharply but the trading volume was so small that I had to wait a long time to get a profit
When we buy make sure the price matches us later. do not be easily fooled by graphics, because graphics can go up and down every second. waiting for profit is a very good thing in trading .
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STT
Legendary
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Activity: 4102
Merit: 1452
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August 28, 2018, 05:58:32 PM Last edit: August 28, 2018, 07:25:00 PM by STT |
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Correlating a position adds accuracy I think and helps avoid a mistaken presumption in shorter term trades especially. So this guy mentions this idea, relating dollar index to forex pairs - https://youtu.be/UkkbzX33KxI?t=327He mentions gold and personally I think gold has no similarity to Bitcoin however they do share the inverse relationship to the dollar. So if you are ever wondering on the strength to a move in BTC and motivation for buying and how long that uptrend might happen then imo look at Dollar some. A weaker dollar does help crypto generally I think as both are global currencies traded often in place of a countries own more nationally restricted currency.
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brolekset
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August 28, 2018, 07:16:56 PM |
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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.
The biggest mistake is greed(you always need to fix the profit) it is Also important to have technical and news analysis,+ never go when the asset is full . And just use your head and make money ,all profit !
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jorgelugra
Member
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Activity: 266
Merit: 10
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August 28, 2018, 07:21:52 PM |
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I think that most traders aren't patient being unable to evaluate the situation. they start panicking when there is no need to do this. To my mind, it is better to remain patient always
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Kurokonobasuke
Full Member
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Activity: 546
Merit: 122
★777Coin.com★ Fun BTC Casino!
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August 28, 2018, 11:54:04 PM |
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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.
panic, lack of patience, greed and sometimes, foolishness. The market itself is really volatile which most of the time plays with the minds of those who are trading. Due to these that I've mentioned, they are making mistakes that oftenly results to loss of profit. They are being eaten by desire of earning bigger without criticizing the behavior of the market carefully.
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ZonaCrypto
Newbie
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Activity: 72
Merit: 0
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August 29, 2018, 06:12:32 AM |
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Lack of a clear strategy, non-compliance with money management and excessive self-confidence in a certain result, which overshadows the sober perception.
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trickyriky
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August 30, 2018, 08:22:41 AM |
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The common mistakes of the traders are they are too greedy, they aim high even it is not possible. I already regretted many good moments to sell my coins, I should now be rich today if I didn't became a greedy trader.
There is another serious mistake which is often met. I am speaking about the wrong choice. When the investor buys some shitcoins and believes in rumors about these tokens, he risks becoming a loser.
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kopamo
Newbie
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Activity: 93
Merit: 0
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September 01, 2018, 07:46:57 AM |
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I think first mistake is for newbie they don't research about trade they think when price down they sell coin but that's not good for trader
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readygoaw
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September 01, 2018, 09:04:54 AM |
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I will not say if there are two or three factors that depends on characteristics of a person but there is a big cake peace as a mistake subject that nearyly everyone did it is : Impatience
Oh, yes, impatience is the #1 enemy of any trader, especially the newbie. I think we all managed to make mistakes when we started to trade. It is something that is normal for a beginner.
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Le Anh
Newbie
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Activity: 84
Merit: 0
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September 01, 2018, 10:41:35 AM |
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One of the biggest ones I can see is buying high and selling low. Now you may think thats obvious but people who bought coins back in 12k-18k bitcoin range and similar for other altcoin levels are afraid when it reached these levels and they decided to sell thinking it will go even further down.
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