mersal
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Activity: 1204
Merit: 38
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February 05, 2019, 01:51:39 AM |
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even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason 1) practice and experience 2) with fear of losing or missing profits we just f*** our trades 3) patients 4) or what other reasons could be? ?? please comment All the steps are being very important to be a good trader but not only the above points are important for a good trader but also the interest in your job is taking to you to the profitability but patience and practice will more important to be a good trader.
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PX-Z
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February 05, 2019, 04:37:34 AM |
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even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason 1) practice and experience 2) with fear of losing or missing profits we just f*** our trades 3) patients 4) or what other reasons could be? ?? please comment Crypto trading really takes a lot of risk, specially to those persons who are lack of knowledge about cryptocurrency, and even those who already knows in trading. It's because of the high volatility of its price, specially in bitcoin, that could be so difficult to anyone to predict of its price if when it will rise or fall, which causes the losses of many traders.
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Supercrypt
Legendary
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Activity: 1554
Merit: 1054
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February 05, 2019, 05:51:51 PM |
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Trading with emotions is exactly why the trading bot community grew so much in the recent years. Most of those trading bots do not execute trades that are beyond our understanding, hell almost all bots just do what indicators we tell it to do and buy when those indicators are looking right and sell when it looks good to sell, nothing extra ordinary.
The only reason why people use those is that they want to leave the emotions out the door and just make it as robotic as possible. Buying on bottom and selling on top is not as easy as it sounds so I always suggest if a price is looking like it has grown 100%+ in the past 1 or 2 months then do not buy that coin, only buy the dropping coins. Also the stop loss that helps you not lose money can be reverse engineered for a sell order and if you think losing 10% is dangerous and put a stop loss, I suggest putting a 10% to take out the profit as well.
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Yamifoud
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February 05, 2019, 06:19:20 PM |
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Many trader were failed just because they don't love their job or not even listening to the others. We need others suggestions and advice just to guide us and for that, it will help us to succeed. Another reasons is that, lack of self confidence, capitalization limit, strategies and the last one is TRADING Plan. All of these things are the big factors that could affect our trading future.
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richcorner100
Full Member
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Activity: 616
Merit: 100
https://exip.live/
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February 06, 2019, 08:36:32 AM |
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I was failed in crypto trading because of greedy. So this emotional is one of the factor that should be to avoid in trading. Beside greedy i was failed because did not have diversifiying and risk management. By keep learning from the pass, hopely i will be more better in trading activity.
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ityandsyn
Member
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Activity: 490
Merit: 11
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February 06, 2019, 01:22:30 PM |
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even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason 1) practice and experience 2) with fear of losing or missing profits we just f*** our trades 3) patients 4) or what other reasons could be? ?? please comment Actually last quarter of 2018 is not really good for trader since cryptocurrencies are getting down and so many traders are losing by disposing their holding and even their new purchase tokens are also sold .
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KnightElite
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February 06, 2019, 02:33:00 PM |
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even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason 1) practice and experience 2) with fear of losing or missing profits we just f*** our trades 3) patients 4) or what other reasons could be? ?? please comment I think you do not have enough patience and experience that make you a trader who always lose. You said that you are reading books and videos about trading and I can say that what you always doing is not enough, double the hard work that you doing for you to feel your progress in trading. You can regain your losses if you have more information in trading of cryptocurrencies.
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Sadlife
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February 06, 2019, 02:36:43 PM |
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Things to keep in mind if you're trading. tip number one is find a good exchange with a decent volume rate for your orders to easily get filled. Tip number two is dont invest money you can't afford to lose cause you will surely get emotionally unstable and it will cloud your decision making and last dont forget to learn, study and research cause it will help you in the long run.
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Golftech
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February 06, 2019, 02:40:00 PM |
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even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason 1) practice and experience 2) with fear of losing or missing profits we just f*** our trades 3) patients 4) or what other reasons could be? ?? please comment Actually last quarter of 2018 is not really good for trader since cryptocurrencies are getting down and so many traders are losing by disposing their holding and even their new purchase tokens are also sold . That timing also been the hindrance making successful trading, if you will add more patience and do more research and allow yourself to open new ideas, the next thing you'll noticed is you will developed proper understanding and from that you can take more risk, your actual activities inside exchange is the best practice to enhance your knowledge.
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milewilda
Legendary
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Activity: 3248
Merit: 1155
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February 06, 2019, 02:43:31 PM |
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Many trader were failed just because they don't love their job or not even listening to the others. We need others suggestions and advice just to guide us and for that, it will help us to succeed. Another reasons is that, lack of self confidence, capitalization limit, strategies and the last one is TRADING Plan. All of these things are the big factors that could affect our trading future.
I felt bad for those people who quit their job because they think cryptocurrency will change their life forever but they were too noob to enter the crypto world without some basic knowledge about of the market. Some of them even loaned their own houses just to invest their money in bitcoin but worst things happened in 2018 and up until now. If they think trading is just as easy as selling an ice cream, they were too noob to understand and dive in without some basic knowledge about of trading.
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gabbie2010
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February 06, 2019, 03:36:22 PM |
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even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason 1) practice and experience 2) with fear of losing or missing profits we just f*** our trades 3) patients 4) or what other reasons could be? ?? please comment In most cases many newbie traders didn't garnered enough information and follows a leaning process in trading if possible mentored before delving or rushing to trade, I believed a newbie requires enough practising with aid of demo. presently there are sites where demo trading can be made be it cryptocurrencies or forex this will enable the trader to make consistent profits before investing the funds to an exchange or broker else such a trader will be at a losing end.
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kkaroul4
Sr. Member
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Activity: 994
Merit: 251
Betking.io - Best Bitcoin Casino
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February 06, 2019, 03:39:04 PM |
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I was failed in crypto trading because of greedy. So this emotional is one of the factor that should be to avoid in trading. Beside greedy i was failed because did not have diversifiying and risk management. By keep learning from the pass, hopely i will be more better in trading activity.
failure or success starts from yourself doing it, because there are already so many people who fail in trading because of high emotional and greedy feelings. the problem is that in trading we must avoid these two things if we want to succeed in doing anything
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BlackFor3st
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February 06, 2019, 03:52:07 PM |
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I was failed in crypto trading because of greedy. So this emotional is one of the factor that should be to avoid in trading. Beside greedy i was failed because did not have diversifiying and risk management. By keep learning from the pass, hopely i will be more better in trading activity.
failure or success starts from yourself doing it, because there are already so many people who fail in trading because of high emotional and greedy feelings. the problem is that in trading we must avoid these two things if we want to succeed in doing anything High emotional could be understood for a moment but greed is never good for trading profits Greed has given me terrible experiences sometimes and i have lost a huge amount of funds greedily. I do always prefer staying calm and watching the profits turn higher without any greed in our mind. These days, i kind of forget about the invested money into trading and only check them back on certain time interval so that it does not create any greed in my mind and also the profits go larger.
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arpon11
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February 06, 2019, 08:02:16 PM |
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even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason 1) practice and experience 2) with fear of losing or missing profits we just f*** our trades 3) patients 4) or what other reasons could be? ?? please comment Trading, just like football is a skills that the trader has to develop. One thing that many of us has forgetting is that only the skillful and professionals really make money from the market. If you are not skill in trading you will keep losing. I could remember this saying in forex that 95% of traders lose money in trading and only 5% makes the profits that 95% lose. Many traders are not ready to spend quality time in learning how to trade professionally instead their are focusing on the profits their can make from the market.
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shesheboy
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February 07, 2019, 08:14:56 AM |
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even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason 1) practice and experience 2) with fear of losing or missing profits we just f*** our trades 3) patients 4) or what other reasons could be? ?? please comment Trading, just like football is a skills that the trader has to develop. One thing that many of us has forgetting is that only the skillful and professionals really make money from the market. If you are not skill in trading you will keep losing. I could remember this saying in forex that 95% of traders lose money in trading and only 5% makes the profits that 95% lose. Many traders are not ready to spend quality time in learning how to trade professionally instead their are focusing on the profits their can make from the market. What about luck ? You guys cant just forget . i guess that is the reason on why the op and most of us are kept on loosing in trading because we only depend on our skills and other traits but we forget that trading also needs luck because it is like gambling . we cannot possibly predict the outcome of the price even if we based on the charts or any other detailed guides out there .
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Lpim01
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February 07, 2019, 08:38:32 AM |
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even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason 1) practice and experience 2) with fear of losing or missing profits we just f*** our trades 3) patients 4) or what other reasons could be? ?? please comment Trading, just like football is a skills that the trader has to develop. One thing that many of us has forgetting is that only the skillful and professionals really make money from the market. If you are not skill in trading you will keep losing. I could remember this saying in forex that 95% of traders lose money in trading and only 5% makes the profits that 95% lose. Many traders are not ready to spend quality time in learning how to trade professionally instead their are focusing on the profits their can make from the market. What about luck ? You guys cant just forget . i guess that is the reason on why the op and most of us are kept on loosing in trading because we only depend on our skills and other traits but we forget that trading also needs luck because it is like gambling . we cannot possibly predict the outcome of the price even if we based on the charts or any other detailed guides out there . It sometimes our luck will play but we still need skills for it and effective strategies. People have to look trading as an easy work but in reality it is not. Understanding with the market will makes us more efficient in trading and we need to focus of what we do, and never speculate high cause we never know that exactly. Think of our limitations and we should care for it.
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deisik
Legendary
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Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
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February 07, 2019, 12:19:18 PM |
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even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason 1) practice and experience 2) with fear of losing or missing profits we just f*** our trades 3) patients 4) or what other reasons could be? ?? please comment Trading, just like football is a skills that the trader has to develop. One thing that many of us has forgetting is that only the skillful and professionals really make money from the market. If you are not skill in trading you will keep losing. I could remember this saying in forex that 95% of traders lose money in trading and only 5% makes the profits that 95% lose. Many traders are not ready to spend quality time in learning how to trade professionally instead their are focusing on the profits their can make from the market. What about luck ? You guys cant just forget . i guess that is the reason on why the op and most of us are kept on loosing in trading because we only depend on our skills and other traits but we forget that trading also needs luck because it is like gambling . we cannot possibly predict the outcome of the price even if we based on the charts or any other detailed guides out there I don't really think this is the case here Though I agree that cryptocurrency trading is pretty much like gambling. What I think is that people were blindly believing that Bitcoin was going to rise only. If you read the forum a couple years ago, everyone was euphoric about Bitcoin's future. So instead of getting out of their positions immediately when things turned from bad to worse in early 2018, they started adding more to their market exposure. Obviously, this couldn't end well
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bit-freedom
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February 07, 2019, 12:37:21 PM |
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I find that some traders fail because of insufficient research on the coin they are investing in. Another reason I can think of will be panic selling when bad news surfaced.
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Abal Abal
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February 07, 2019, 02:17:37 PM |
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if what you mean [is in 2018 and 2019 I consider it natural, because the situation is indeed difficult for us to get profits, so pay attention and learn.
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ufaiz50
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February 07, 2019, 03:19:36 PM |
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even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason 1) practice and experience 2) with fear of losing or missing profits we just f*** our trades 3) patients 4) or what other reasons could be? ?? please comment Maybe because of FOMO, even the worst trading isn't your skill, I mean if you keep repeating the same mistakes repeatedly then I suggest switching to stock trading or to another field, ok if 1 to 3 times you repeat mistakes and learn from them, but if more than that, chances are you don't have expertise in that field.
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