why many traders(including me) not getting success

[seoincorporation]

beacause trading is a patience thing... if we don't have the patience and sell the coins when the price goes down that's why lot of us lose with trading, but what i have learned is that criptos always bump, that's a fact, so lets be patience and lets wait to see profit before sell them.

[1714730340]

1714730340

[1714730340]

1714730340

[1714730340]

1714730340

[1714730340]

1714730340

[calandra78]

because trading is a patience thing... if we don't have the patience and sell the coins when the price goes down that's why lot of us lose with trading, but what i have learned is that criptos always bump, that's a fact, so lets be patience and lets wait to see profit before sell them.

i don't thing so. the key is candle stick when you know where candle stick go , you can be the winner as trader. patience are good for long term trader only, not for short or one day trader.

[Opnsrc]

Because market price situations were not in our side eventually many traders has been failed throughout 2018 and most of us cannot avoid loss because the price of major cryptocurrency were dropped and it's not easy to get profit from downtrend situations and if you consider these loss as your valuable experience maybe in the future your trading results will much better than the previous one

A good trader can make money in any market, doesn't matter if its a bear or bull.  The volatility the crypto markets provide is a dream compared to most traders when its compared to the stock market.  I find it very difficult for myself to take short positions though because I know the long term potential of crypto is very high.

Everything that you wrote here is correct. However, I do not think that many traders that use this Forum are experienced enough to make a profit when bears rule the market. Thus, they fail.

[ene1980]

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   

1) Understanding the entire financial market situation is more important and with that you will have experience and the most important part is selecting the platform you are trading, whether it has a stop loss function, the more features it has, the more convenient for you to have a complete control on what you do.
2) You must have a target and that reduces these panic situations on missing out, always remember to trade according to the market sentiments, only after gaining much experience try short term trading, if not always choose the long road.
3) If you have patience you will not have the fear of missing out.
4) Never listen to FUD news, you know what your targets are, just stick on to that and you will never end up in a loss and never sell anything at a loss and make sure you invest only in solid projects which has a good track record.

[eann014]

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, the number 1 reason why we don't get success in trading is because of lack of education and knowledge about it. We must learn the basic first before entering trading, sometimes practice is not enough if you don't have enough knowledge and education about it. We must understand the financial market and knows the right time to buy and sell.

[emmybd]

In my opinion, we have been lacking patience, that's why many traders have been constantly losing. I don't understand why trading wouldn't be profitable if we go for long term holding.

[QueenW]

Perhaps I will say the obvious things, but the main enemies of the trader are fear and greed. For these reasons, it is sometimes difficult to achieve success in trade. So do not be afraid and do not be greedy))

[Mian Asad]

There are myriad  reasons & Mistake that we do
Personal when I started trading crypto I had no idea how the price goes up & down, made huge losses then I decided to learn TA. you know what stupidity I do. I was doing analysis for the speculation for the next week price on the basis 30 min bittrex default chart    & I realized my mistake after losing 10k $
However, Every new trader made these type of silly mistakes

Here am sharing my personal experience that i learned after a long time



Technical is not everything

Physcological Discipline is important

money Management

Dnt Go against the trend

Don't sell at the bottom

Don't FOMO There are more 2000 coin listed for trading

Always Book Profit On time

if you are not confident then trade on big frames only

Take it as a business dnt thought to be a quick rich overnight

Always Happy with Your Gains

Don't Average In Downtrend , Just Quit

Don't Depend on Order Books

Figure out the trend Reversal

Don't Trade in Doubt

Don't Watch the Prices whole day once you are done with your anlysis

Trade when you are mentally relaxed ( you can take a better decision

Here i have Shared Some More tips & Tricks About Trading  : https://www.howearning.com/

[udidrone]

Perhaps I will say the obvious things, but the main enemies of the trader are fear and greed. For these reasons, it is sometimes difficult to achieve success in trade. So do not be afraid and do not be greedy))

Greed is main problem for me now. I mean when a coin get pumped, i usually wait for a bit higher but then it is not like from what i expected. That is why actually i confused it is my greed or i wrong to put sell order.

[OrangeSeller]

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   

There are a lot of reasons behind why you might not have any profits until now. Patience is the main key over here so if you are not patient, then you might probably not have any good profits into trading. There are times when we need to be much patience as the graph might seem much tricky but you have to be strong and HODL in such situations which can make you have at least some profits by avoiding panic selling at lower price.

Secondly, choose a perfect coin which can give you passive income so you would earn good profits there. Throughout your fear and make yourself feel much strong to face any problems and once you pass your bad days, good days will start for you.

[Robotbitcoin22]

In my opinion, we have been lacking patience, that's why many traders have been constantly losing. I don't understand why trading wouldn't be profitable if we go for long term holding.

lack of patience and lack of courage, if we are patient but not brave in making a decision it will be a loss in my opinion. a trader must be brave when to sell it and when to keep holding it because this is important.

[guoyu78]

Most of you are fond of putting all your hopes on Bitcoin trading and you never consider other options there is. Crypto trading is not the only way you can make money. Since there market is in bear, a lot of traders are going to find it difficult in doing a short term trade. So it’s best to go for a long term trade and have patience, then you can go for other things that can be making you money till crypto market gets back to normal.

Lot of traders starting to trade even they don't have enough experience to start from it. So its better to explore about trading and learn lessons before starting to make money from it.

Yes, there are people who don’t have any experience but they just want to trade and make money, but it doesn’t work and they are always losing money. Trading is not meant for everyone, there are other ways too. If you are still insisting you’re going to be a trader then you should take your time and learn it, instead of trying to trade when you don’t know from A to Z.

Fear comes due the amount of money we invest and the risk about losing it. So it is always good to invest a certain amount of money which can be affordably lost. This will remove fear from your mind and also you will not worry about the loss but instead will run behind profit only. There are hard times in trading which really makes a individual much sensitive but you should learn to face such times.

Once you earn all such abilities, you will be one of the pro-trader. Time might be near if you start working hard now onwards and try improving your mistakes which made you have loss and try running behind your success rate.

[adaseb]

Most traders that I know personally and the reasons why they can't make any money is as follows,

1) Lack of capital. They basically only got like $1-2K to trade with. So they buy a stock, it doesn't move after a few hours/days and they sell the stock at almost break-even price and move on to the next stock. And its the same story. They are impatient due to a lack of capital. Because with $1K even if you go full margin with stocks which is like $3K, you don't get to buy much. Apple stock itself is over $200 which is like 15 shares. Hence they want to see their money making money, and they are impatient and move on to the next stock. They lose money due to spread and commissions.

2) Taking profit too early - Taking losses too late. This is probably the main reason why most traders don't make any money trading and end up with huge losses. They buy some crypto or stock, and immediately it goes up 5% and they sell, They are happy. Then they buy some other crypto and it goes against them, they don't want to get stop-hunted so they don't use stops and end up basically losing 25-50% on that position due to their greed. So with a bad risk reward like 5% to 50% you can see why they fail to make any money.

[babykika2027]

there are no traders who succeed instantaneously, all traders must have suffered losses, besides a number of reasons explained above, we need to make our own decisions without having to be tempted by issues or speculation, and also I think we need a luck factor too

[redsun114]

In my opinion, we have been lacking patience, that's why many traders have been constantly losing. I don't understand why trading wouldn't be profitable if we go for long term holding.

I think trading is a very tough thing to make money at. You need to be experienced and you need to know things about the market. You need to know the project on the back of the coins you are trying to trade. Pretty hard work so majority of the traders often feel quite bad about it but tbh, it is one tough job. You need to have a consistent mindset to be successful at trading in addition to the aforementioned factors.

[CryptoLing]

By watching video you learn the theory of trading but in order to be good at it you must first make your hand dirty. Put small capital first to learn trading and when you're confidence enough then you may add your capital a little bit more.

[annango]

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, the number 1 reason why we don't get success in trading is because of lack of education and knowledge about it. We must learn the basic first before entering trading, sometimes practice is not enough if you don't have enough knowledge and education about it. We must understand the financial market and knows the right time to buy and sell.

To say frankly, we all failures have common mistakes on our own way of trading. Personally, my mistakes are untold story and really it's not easy to say specifically all my mistakes because it counts a vast number in my work. I think the lack of knowledge is one of the key reason leads us to commit mistakes. Most of us are kind of hurried to enter this tough market with just a little knowledge foremost, but while we're on work, we learn a little bit of everything in terms of crypto. Besides, we don't have a good preparation which makes us be not able to control some stuff like bad emotion, fear and so on.

[MintCondition]

there are no traders who succeed instantaneously, all traders must have suffered losses, besides a number of reasons explained above, we need to make our own decisions without having to be tempted by issues or speculation, and also I think we need a luck factor too

Even learned traders experience loses, trading not only depends into one person or one project, it involves community and groups of people who have different strategies and thinking in those many existing coin that are listed. Keep on trying out of many coins there might be atleast one that will give us success.

[jrrsparkles]

By watching video you learn the theory of trading but in order to be good at it you must first make your hand dirty. Put small capital first to learn trading and when you're confidence enough then you may add your capital a little bit more.

Right,when we learn about the crypto trading throritically it will feels like so simple but in the real life it will be one of the hard decision to make whether to sell or hold the funds.No one can be a perfect trader even afte 1000 successful trades only he can minimize loss and find ways to make more profits than other traders.

[Gheka]

Perhaps I will say the obvious things, but the main enemies of the trader are fear and greed. For these reasons, it is sometimes difficult to achieve success in trade. So do not be afraid and do not be greedy))

Well, fear and greed are always factors that affect success in trading and there is no way for us to stop these two factors, we can only get used to it and limit these emotions to the lowest level, completely eliminating is not possible when this is part of us. Except for these factors, market knowledge and luck in trading are also important, and traders need to consider what they have achieved and what they are missing in these factors, improve and they will soon get success in trading, improving other factors is a simple thing, the lucky factor is that something is nearly impossible to improve