iMark
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February 09, 2019, 01:02:21 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. Because trading using these skills means not all people are suitable for this method. so when you try, learn from experience and theory but the results are still a loss, meaning that there is something wrong with you, whether it's your learning method, strategy technique, or your patience?
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avarnet
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February 10, 2019, 11:38:48 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 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. Because trading using these skills means not all people are suitable for this method. so when you try, learn from experience and theory but the results are still a loss, meaning that there is something wrong with you, whether it's your learning method, strategy technique, or your patience? because in trading it is not easy and requires a good strategy and must have great patience, because it is the first key if you want to succeed if my advice is also
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maxreish
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February 10, 2019, 12:01:42 PM Last edit: February 10, 2019, 02:45:11 PM by maxreish |
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Patience is a necessity for us to achieve our desired success. Do not lose hope, the time will come we will be successful in trading. Perhaps not yet, but we always remember nothing impossible especially in cryptocurrency. If we've met failure, just proceed and continue to aim trading favorable results.
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sclmte
Member
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Activity: 434
Merit: 10
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February 12, 2019, 09:38:42 PM |
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I have nothing to say that the frequency of trading is failing, maybe others, but I know my friend that he is really successful in trading so we can not say that we are disappointed because life is like a world only once under and sometimes at the top so do not lose hope in life because we study how good it is to be a successful trader someday
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nelson4lov
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February 12, 2019, 10:28:22 PM |
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There are many reasons why traders do take the L on trades. It ranges from Emotions, Impatience... The list goes on and on. However, A major cause of failure is due to lack of trading skills. Believe it or not, The market is a mixture of noobies and the big guys and most of these newbies know little to nothing about trading. They either fomo in trades or follow Signal groups. And the story has always been the same.
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wayancrypto
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Activity: 462
Merit: 11
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February 17, 2019, 01:44:16 AM |
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Did not use stop loss, FOMO (Fear Of Missing Out) and greedy is all factor that make trader getting loss. So for all beginner trader should be first learn about it , because this is the most factor that make all trader not getting success.90% more of trader loss because of that, so its not enough to have knowledge about technical analysis only.
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Hamphser
Sr. Member
Offline
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
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February 17, 2019, 02:56:33 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 Emotions is one of the biggest reason why we do f*cked up our trades. Decision making with having no clear mind or plan due to emotion will most likely mess up not only yourself but also with your wallet/funds. Mistakes cant really be avoided but as a trader you should really know on how to control or handle yourself in to these kind of situations. Practice makes perfect but it will surely cost you alone the way. True winners are those people who dont know to give up inspite on challenges.
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Savemore
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February 17, 2019, 03:06:24 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 Your trading skills and your experiences are still not enough. Focus on improving your skills and getting more experience for you to become successful trader. You should not worry even if you keep committing mistakes because I am sure that you will learn many lessons from your mistakes.
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letecia012
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February 17, 2019, 05:42:46 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 for me some reason why I keep failing in some of my trading decision are i'm easily affected when there are negative news happening in my coins. i trade with emotion and the fear of being FOMO or sometimes I chase the price of certain coins after i sold it in a much lower price.
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Clark05
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February 17, 2019, 05:54:40 AM |
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So sad because you are not successful in trading. But if you are want to continue and try again another luck that is good and for that time you need to avoid that can cause for you before to lose money when you are trading before. And do some plan, techniques and startegy that can help to you. Most of the people who are success including me I have patient of waiting and doing research every single decision I've made to avoid mistake someday.
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Thanasis
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February 17, 2019, 09:21:07 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 for me some reason why I keep failing in some of my trading decision are i'm easily affected when there are negative news happening in my coins. i trade with emotion and the fear of being FOMO or sometimes I chase the price of certain coins after i sold it in a much lower price. Most common traders's mistake but you need to feel like you are a pro trader and then analyse the market based on your knowledge and decide the buy or sell and don't get caught of negative news,if there is then be the first one to react.
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iMark
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February 17, 2019, 09:46:21 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 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. Because trading using these skills means not all people are suitable for this method. so when you try, learn from experience and theory but the results are still a loss, meaning that there is something wrong with you, whether it's your learning method, strategy technique, or your patience? because in trading it is not easy and requires a good strategy and must have great patience, because it is the first key if you want to succeed if my advice is also Thats true, many people have good strategies and knowledge, but they forget that patience is important in trading too, patient about waiting for prices to rise, patience to wait for opportunities to buy, patience to succeed, you will very need that too dude.
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ongkok87
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February 17, 2019, 10:21:53 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 for me some reason why I keep failing in some of my trading decision are i'm easily affected when there are negative news happening in my coins. i trade with emotion and the fear of being FOMO or sometimes I chase the price of certain coins after i sold it in a much lower price. Most common traders's mistake but you need to feel like you are a pro trader and then analyse the market based on your knowledge and decide the buy or sell and don't get caught of negative news,if there is then be the first one to react. it's true the problem is that the most frequent mistakes of traders are emotional and greedy too. the problem is there are many traders who are crows because both of these properties are still used when trading
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Mister1k
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February 17, 2019, 01:37:08 PM |
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So sad because you are not successful in trading. But if you are want to continue and try again another luck that is good and for that time you need to avoid that can cause for you before to lose money when you are trading before. And do some plan, techniques and startegy that can help to you. Most of the people who are success including me I have patient of waiting and doing research every single decision I've made to avoid mistake someday.
Trading isn't simple and it requires time, so having the capacity to succeed requires practice and experience. On the off chance that it generally bombs, there must be some kind of problem with the strategy you connected. Regardless of whether it's enthusiastic administration, an opportunity to begin exchanging, computation, or other. So we need to locate a decent strategy to succeed. This requires tolerance with the goal that you proceed to rehearse and realize so your experience is investigated. I am certain will get achievement in trading very soon
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Freny250
Copper Member
Jr. Member
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Activity: 307
Merit: 1
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February 17, 2019, 03:52:18 PM |
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Number ome reason is because we dont really know the art of trading. Most people trade blindly without knowing much about TA and FA . And most at times people loose due to greed
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Indamuck
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February 17, 2019, 05:24:27 PM |
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Most people won't get far and they will end up losing more to exchange fees anyways. Your better off spending your time starting a business or learning other skills that are more uesful. Afterall trading is just a zero sum game in the end so in order for you to win someone else must lose.
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vv181
Legendary
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Activity: 1932
Merit: 1273
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February 17, 2019, 05:42:48 PM |
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Most people won't get far and they will end up losing more to exchange fees anyways. Your better off spending your time starting a business or learning other skills that are more uesful. Afterall trading is just a zero sum game in the end so in order for you to win someone else must lose.
The problem why most of the trader doesn't get far because their main intention in the cryptocurrencies markets is to get rich quick. Which it is a big no since trading can't be learned in a short amount of time, it required a long time to gather experience and education. The trader newcomer just needs to keep work hard. The successful trader wouldn't be whining about the progress they failed. They just considered it an experience for a better future. You might lose your capital but it is worth for our experience and education.
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tbossmitche
Jr. Member
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Activity: 213
Merit: 1
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February 17, 2019, 06:48:02 PM |
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The first thing I will like to address is the thought that trading cryptocurrencies is a get rich quick scheme. That thought could not be more wrong due to the fact that you can loose all before you blink. Apart from looking at trading as a long term activity, you also need to have good starategies and risk management structures in place. By having good strategies, I don't mean you should follow signal channels and pump groups as these have the potential to throw your funds down the drain. My best advice for novice traders is to inculcate the culture of noting down their mistakes while limiting greed and emotions as these two characteristics have no place in the world of trading.
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lornadane
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February 17, 2019, 07:21:08 PM |
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Every trader is holders too. By holding many good coins, everyone lost huge money last year and the market movement still not promising! So, before making a brave decision in trading every trader is getting fear or confused! So, they can't make success in the most trading. But you should remember that failure is a common term in trading. The crypto market is in bear condition so you will not get profit all the time. If you can't make a profit then I would suggest you stop trading for a while, as I did before. But I started trading again and now I am happy again.
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posi
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February 17, 2019, 08:33:57 PM |
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Every trader is holders too. By holding many good coins, everyone lost huge money last year and the market movement still not promising! So, before making a brave decision in trading every trader is getting fear or confused! So, they can't make success in the most trading. But you should remember that failure is a common term in trading. The crypto market is in bear condition so you will not get profit all the time. If you can't make a profit then I would suggest you stop trading for a while, as I did before. But I started trading again and now I am happy again.
No crypto currency will ever make lost since he's trading and holding good coins. But, that can only change when he decide to cut losses which I also called panic sell because the crypto market will always get back up and the only important things are select good coin and wait patiently when the market is not looking good. Note : crypto currency simultaneously trading is not for everybody.
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