start trading again carefully and don't be too ambitious to get big profits ...!

[Blamsud]

Trading always start in educating yourself with proper knowledge or skills and gaining the right mindset as a trader. Greed and emotion is truly the leading problem of a starting trader so he/she must also learn how to manage her emotion and get rid of the greed first. Being ambitious not always bad as long as you are in control of yourself and not your ambition controls you.

Getting ambitious might lead into wrong perspective, we see that the market is not as good unlike before, we should set limits and brackets of amount we're our trade can really reach, if we put too high bars, it might lead to loss anytime soon.

[akuser]

let us trade well without ambition to get big profits, the desire to get big profits in trading is very reasonable, of course, but for example we are very ambitious and not careful in trading your day, it will all cause us will be trapped, and in trading avoid panic for example there will be a decline, because you have to think that prices will be able to rise again, let's trade with our self-speculation which of course can be even better again.

Glad i never set big target of profit for now. Maybe at least i get a little profit usually i already take it. Because for me predict price is harder than in past and for bitcoin itself, if it keep increased after i sell mine, not really fomo with it.

that's a fair step in trade. don't look greedy and ambitious. gratitude with small profits is part of controlling positive emotions.
I like your attitude in this matter.

[CryptoBry]

There's a pretty simple way to counter being too greedy in your trades. When you make a trade, set limit orders (and any applicable stoplosses under your entry) where you want to close out your order and leave them there, and make sure you adhere to whatever plans you have as well. You might miss out on potential profits and take profit too early, but that's better than holding through a pump just for it to fizzle out and retrace and perhaps end up in a loss. Also remember there is always a better entry out there if you ever feel bad about where you exit a trade. If things go wrong, wait and look for another good entry. Patience pays off in trading.

Trading involves a strong sense of discipline so that we can counter our tendency to go greedy and lose money at the end. There are now many ways that we can control our desire to go overboard and be dismayed later. We have to formulate the stop/loss strategy as this can limit our loss while still have the opportunity to make money without overdoing things (source of big disaster). I guess this makes trading not for everybody and I myself feel that I need to learn more to get my right trading habits.

[pundit]

Best way to trade any financial market is to plan the trade first. It includes analysis of bigger trend means what trend is there on higher TF then middle trend and then small trend. Small trend always follows the bigger trend. Planning your trade means before taking any trade you should know the point to enter, point to exit and point to cut your position in case of loss on a bigger TF then the right opportunity to be awaited to pull the trade on lower TF. If one follows such plan he/she could have good winning:losing ratio.

[kennen1113]

To be ambitious in my opinion doesn't translate into making wrong trading decision except if what you meant by ambition is quite different from the way I read meaning to the word. I believe many who want a quick money are all into gambling activities and not really in crypto currency trading.

I think being too ambitious or shall i say being unrealistic will not bring any good either in trading or gambling.Greediness is a negative attitude that should not let us prevail because it will only make us losers in the long run.With proper exposure and experience in trading,one can develop his own strategies and skills which will help him to achieve big profits in trading.

Indeed, I always think that everything should stop at a level that makes us happy, should not exceed this limit, although it will sometimes be very good but sometimes, it also makes us fall into a disaster, and with this thought, it means that our greed or ambition should only be at a reasonable level, should not set too high requirements. Too high ambition will always bring wealth to us quickly but always accompanied by wealth, it will push us closer to death than ever before.

[babykika2027]

I agree, it is too greedy to get traders trapped, just set your profit target and feel enough with it, also not tempted by speculation or issues, as the market is currently having a deep correction after a few days going up ... just be careful

[Slow death]

let us trade well without ambition to get big profits...

Have you seen the people who invest in the ICOs and altcoins? it is unbelievable that many of them set 10X profit targets, they are not investing in the ICOs or Altcoin to have low profits so even though they make Hold for more than 2 years to be profitable. The problem is that after the high increase that every crypto market had in the end of the year 2017 many people did not trust so much in the cryptos and therefore any increase of prices above $ 8000 will be very difficult because many people will sell

[bonker]

let us trade well without ambition to get big profits, the desire to get big profits in trading is very reasonable, of course, but for example we are very ambitious and not careful in trading your day, it will all cause us will be trapped, and in trading avoid panic for example there will be a decline, because you have to think that prices will be able to rise again, let's trade with our self-speculation which of course can be even better again.

Trade for your goals not just for the market conditions and others profit,we can reach our goal if we only concentrate on it or we might make mistakes then lose our capital by doing wrong moves.

[bhabygrim]

Yes we should trade carefully and we could dream but we should also know our limits.
Besides that is why we are trading because of our dream to earn big.
But don't be so ambitious and know your limit .

[omonuyak]

Yes we should trade carefully and we could dream but we should also know our limits.
Besides that is why we are trading because of our dream to earn big.
But don't be so ambitious and know your limit .

I don't trade because of big profits but I do trade because I can exist for long-term in the market and I am not losing too much in my investments.  I focus my mind on how experience and skillful I am than profits because I know if I have "trading skills"? There is no way I will not make profits.

[slaman29]

Trading always start in educating yourself with proper knowledge or skills and gaining the right mindset as a trader. Greed and emotion is truly the leading problem of a starting trader so he/she must also learn how to manage her emotion and get rid of the greed first. Being ambitious not always bad as long as you are in control of yourself and not your ambition controls you.

Getting ambitious might lead into wrong perspective, we see that the market is not as good unlike before, we should set limits and brackets of amount we're our trade can really reach, if we put too high bars, it might lead to loss anytime soon.

Ambition is good, but you really have to match that with the will to persevere. People always talk about being smart, and you see it a lot in these trading groups. Being smart, trade smart, think smart, etc.

But they usually fail to tell you the thing is, you need to be a hard worker. Work hard, think hard, read hard, learn every day and persevere. That gets you more places than "trading smart" on its own.

[suzanne5223]

Best way to trade any financial market is to plan the trade first. It includes analysis of bigger trend means what trend is there on higher TF then middle trend and then small trend. Small trend always follows the bigger trend. Planning your trade means before taking any trade you should know the point to enter, point to exit and point to cut your position in case of loss on a bigger TF then the right opportunity to be awaited to pull the trade on lower TF. If one follows such plan he/she could have good winning:losing ratio.

It good to have a plan in every thing ones do and you're when you having plan are the best way to trade financial market but we're in crypto market buddy. However, the market is full of varieties of possibilities and planning a market which you dont exactly what will happen may also lead to the ambitious act mentioned by the OP.

[Gozie51]

Besides that is why we are trading because of our dream to earn big.
But don't be so ambitious and know your limit .

Big dream is the reason so many traders get trapped. Is not that having big dream is bad but yes, knowing our capacity including our account size is important. Being ambitious is good but over ambitious leads to problem.

[Bagaji]

To be ambitious in my opinion doesn't translate into making wrong trading decision except if what you meant by ambition is quite different from the way I read meaning to the word. I believe many who want a quick money are all into gambling activities and not really in crypto currency trading.

I think being too ambitious or shall i say being unrealistic will not bring any good either in trading or gambling.Greediness is a negative attitude that should not let us prevail because it will only make us losers in the long run.With proper exposure and experience in trading,one can develop his own strategies and skills which will help him to achieve big profits in trading.

Well, not just in the long run but from the start greed is one of the major for one to lose in both crypto currency trading and gambling. I agree with your submission that experience in either trading or gambling really help for one to make profit.

[Bagaji]

Yes we should trade carefully and we could dream but we should also know our limits.
Besides that is why we are trading because of our dream to earn big.
But don't be so ambitious and know your limit .

I don't trade because of big profits but I do trade because I can exist for long-term in the market and I am not losing too much in my investments.  I focus my mind on how experience and skillful I am than profits because I know if I have "trading skills"? There is no way I will not make profits.

Are you sure you are telling us the truth? Because I find it difficult to believe you on the ground that profit is not your major driver to trading crypto currency but because you can hold for a long time. If you can hold for long time it equally mean you want more profit from your investment and mean you have the capacity to do away with some of your money for a long time period.

[AntoCokbun]

It's very difficult to get rid of greed and that happens because every trader aims to get more profits. Except for those traders who are truly consistent and always grateful for what they get even though it's small.

[mrdeposit]

Greed often causes more losses. If you can use it in the right place, this is a great chance for you.
Try to start and to stop at prices that are appropriate for your analysis. I believe this will lead to more regular earnings.

[Oilacris]

let us trade well without ambition to get big profits, the desire to get big profits in trading is very reasonable, of course, but for example we are very ambitious and not careful in trading your day, it will all cause us will be trapped, and in trading avoid panic for example there will be a decline, because you have to think that prices will be able to rise again, let's trade with our self-speculation which of course can be even better again.

Panic? It cant really be avoided in trading specially when you are just starting but I do agree into some points.We shouldn't
really mind too much on how to make big profits with trading.Yes, it can give out the chance but the journey or path wont really
be that easy as you think yet you would still experience lots of losses before you would able to learn.

[Pattart]

That's true. We could set a target goal and aim for the best but we should not be greedy because it could mislead us and might ruin our strategy. We should focus on gaining a reasonable profit. If you're a smart trader, you could still gain a good profit no matter what the situation of the market is.

greedy could make our trades messy.the profits that we collected in previous trades could be losses and ofcourse we will regret with our strategy.focusing in our target and don't changes it will help us to survive.

Without goals and targets, then what will you pursue in trading? trade is not a place to play or have fun. Thats natural if you want to make big profits in trading, everyone wants to be rich from trade, but that does not mean it will destroy your plan, people who have big targets do not mean he is greedy, all you have to do is have good plans and strategies to achieve your dreams. do not get carried away when the market falls, don't be greedy when the price rises, you should remains in accordance with the plan

[Moiyah]

That's the main problem a trader is facing. When they earn peofits, they want more and they want huge. That is called, "greed". I do realized that many times and countless times I fall because of that ambition. You were right, let's not too ambitious to earn big profits to keep our track in trading and let us create a positive mindset.