Reasons for traders to look at!

[3la9l_kolbaCa]

Isn't number 1 and 4 almost the same? Like the idea of over trading happens because greed overcomes your rationality of deciding to trade slowly and effectively. Also, the 4 given are mostly mistakes made by newbies. The struggles occur because of their lack of experience and knowledge regarding how to trade and so, problems occur, so simplest solution is to let experience take its place, and gradually, newbies that trade would slowly learn the advantages and disadvantages of the certain actions they do, thereby improving their efficiency as traders.

Not gonna lie, the experience is the most important thing you can acquire. If someone has enough experience and knowledge there's no doubt that he/she can manage his trade more efficient. I am not saying that tips and guides of someone else are bad in fact this would be really helpful in some cases but much better if we ourselves seek knowledge through our own experience.

Sometimes if we're equipped with desired experience, you won't be afraid in dealing with crucial trading. But even how you're going to manage every trades successfully, no one is effective during bearish market. That needs more time to grow an asset, that's why expert traders has no other options but to let those holdings grow substantially by choosing long term trading.

[Capt00]

Isn't number 1 and 4 almost the same? Like the idea of over trading happens because greed overcomes your rationality of deciding to trade slowly and effectively. Also, the 4 given are mostly mistakes made by newbies. The struggles occur because of their lack of experience and knowledge regarding how to trade and so, problems occur, so simplest solution is to let experience take its place, and gradually, newbies that trade would slowly learn the advantages and disadvantages of the certain actions they do, thereby improving their efficiency as traders.

Not gonna lie, the experience is the most important thing you can acquire. If someone has enough experience and knowledge there's no doubt that he/she can manage his trade more efficient. I am not saying that tips and guides of someone else are bad in fact this would be really helpful in some cases but much better if we ourselves seek knowledge through our own experience.

Sometimes if we're equipped with desired experience, you won't be afraid in dealing with crucial trading. But even how you're going to manage every trades successfully, no one is effective during bearish market. That needs more time to grow an asset, that's why expert traders has no other options but to let those holdings grow substantially by choosing long term trading.

That it all be means that not all the time our luck is in our favor. It sometimes we experience hard times and tested how strong we are. Not really a worrying scenario but couldn't deny that some will quit because they can't take it anymore. The market is getting difficult to understand that many impatient traders lost their courage and leave. And this it means that trading is not for everyone but only for those who can understand.

[Deborahbanshee]

I may consider greediness as a tool to encourage people but somehow it is also a reason for our fall. This simply means that we know also to be satisfied with a small amount and accept what only got. Greediness could sometimes lead to illegalities and yes, it often to happen in some local businesses. We've been run through this kind of behavior but we should have to control it.

Of course. When greediness becomes the drive then we will lose focus of the right call.

[The-Devil]

Yes, I agree with these reasons. Most traders want to make extra profit, which is why traders can not achieve success. I think we need to first try to make a small profit. Overtrading can never be done. We should do more market research. The amount of capital has to be increased. We should trade with the advice of experienced.

Thank you

[wildan88]

Isn't number 1 and 4 almost the same? Like the idea of over trading happens because greed overcomes your rationality of deciding to trade slowly and effectively. Also, the 4 given are mostly mistakes made by newbies. The struggles occur because of their lack of experience and knowledge regarding how to trade and so, problems occur, so simplest solution is to let experience take its place, and gradually, newbies that trade would slowly learn the advantages and disadvantages of the certain actions they do, thereby improving their efficiency as traders.

Not gonna lie, the experience is the most important thing you can acquire. If someone has enough experience and knowledge there's no doubt that he/she can manage his trade more efficient. I am not saying that tips and guides of someone else are bad in fact this would be really helpful in some cases but much better if we ourselves seek knowledge through our own experience.

Sometimes if we're equipped with desired experience, you won't be afraid in dealing with crucial trading. But even how you're going to manage every trades successfully, no one is effective during bearish market. That needs more time to grow an asset, that's why expert traders has no other options but to let those holdings grow substantially by choosing long term trading.

That it all be means that not all the time our luck is in our favor. It sometimes we experience hard times and tested how strong we are. Not really a worrying scenario but couldn't deny that some will quit because they can't take it anymore. The market is getting difficult to understand that many impatient traders lost their courage and leave. And this it means that trading is not for everyone but only for those who can understand.

patience is indeed an important thing in trading, I often experience losses due to lack of patience because sometimes as a daily trader I am motivated to always get profits every day, while the market is not always the same and increasingly difficult as this time. in the article it says "They don't jump into the trade when the opportunities arises" whereas me when there is an opportunity when the prices drop I always trade. Is it wrong?

[IHF]

I think greed and boosted is the same because these are both urging you to trade more and more without thinking. You should need to think first even if you're on fire trading a certain amount of money. You don't need to rush because the more you rush, the more you will lose.

Always remember that greed is a bad thing in trading. Controlling emotions and self-discipline is very basic or fundamental when it comes to trading.

Have you ever thought about the real thing Greed is representing? In my opinion Greed is another form of fear. More concrete: The fear of owning too little of a specific ressource in the future 

So, the main driving force in Trading is and will also be FEAR!

In an Pareto way of live As a trader you have to handle your strongest Emotion, FEAR in the very first place.

Cheers ...

[Baby Dragon]

Isn't number 1 and 4 almost the same? Like the idea of over trading happens because greed overcomes your rationality of deciding to trade slowly and effectively. Also, the 4 given are mostly mistakes made by newbies. The struggles occur because of their lack of experience and knowledge regarding how to trade and so, problems occur, so simplest solution is to let experience take its place, and gradually, newbies that trade would slowly learn the advantages and disadvantages of the certain actions they do, thereby improving their efficiency as traders.

Not gonna lie, the experience is the most important thing you can acquire. If someone has enough experience and knowledge there's no doubt that he/she can manage his trade more efficient. I am not saying that tips and guides of someone else are bad in fact this would be really helpful in some cases but much better if we ourselves seek knowledge through our own experience.

It's because there are some lesson you can only learn through experience, it will make you realize and analyze things. It will make you understand that a single mistake can change your life, sometimes it depends on the level of your perception. It's a powerful tool that you can use for free, the lesson that you have learned from those experiences can guide you on making a better decision. Accept your mistakes and face the consequences of your actions because despite of that you are able to understand which part you went wrong and how you can easily avoid doing the same mistake. It is also good to consider the experiences of other people because it can have a huge impact on your way of thinking as a trader. Also, we have to change our mindsets when it comes to trading because earning is an outcome of your hard work and patience. You can't easily have it particularly knowing that trading requires a lot of effort and time since it is speculative.

[Visbay]

Isn't number 1 and 4 almost the same? Like the idea of over trading happens because greed overcomes your rationality of deciding to trade slowly and effectively. Also, the 4 given are mostly mistakes made by newbies. The struggles occur because of their lack of experience and knowledge regarding how to trade and so, problems occur, so simplest solution is to let experience take its place, and gradually, newbies that trade would slowly learn the advantages and disadvantages of the certain actions they do, thereby improving their efficiency as traders.

Not gonna lie, the experience is the most important thing you can acquire. If someone has enough experience and knowledge there's no doubt that he/she can manage his trade more efficient. I am not saying that tips and guides of someone else are bad in fact this would be really helpful in some cases but much better if we ourselves seek knowledge through our own experience.

Sometimes if we're equipped with desired experience, you won't be afraid in dealing with crucial trading. But even how you're going to manage every trades successfully, no one is effective during bearish market. That needs more time to grow an asset, that's why expert traders has no other options but to let those holdings grow substantially by choosing long term trading.

That it all be means that not all the time our luck is in our favor. It sometimes we experience hard times and tested how strong we are. Not really a worrying scenario but couldn't deny that some will quit because they can't take it anymore. The market is getting difficult to understand that many impatient traders lost their courage and leave. And this it means that trading is not for everyone but only for those who can understand.

patience is indeed an important thing in trading, I often experience losses due to lack of patience because sometimes as a daily trader I am motivated to always get profits every day, while the market is not always the same and increasingly difficult as this time. in the article it says "They don't jump into the trade when the opportunities arises" whereas me when there is an opportunity when the prices drop I always trade. Is it wrong?

You are doing well but when you want to take advantage of opportunities you must know are these opportunities real or not. While trading better chooses long term trading so it will have fewer chances to lose and it will give you so much profit. I like trading but I keep my eyes on the market  and when the price falls I start buying for long term trading.

[wildan88]

patience is indeed an important thing in trading, I often experience losses due to lack of patience because sometimes as a daily trader I am motivated to always get profits every day, while the market is not always the same and increasingly difficult as this time. in the article it says "They don't jump into the trade when the opportunities arises" whereas me when there is an opportunity when the prices drop I always trade. Is it wrong?

You are doing well but when you want to take advantage of opportunities you must know are these opportunities real or not. While trading better chooses long term trading so it will have fewer chances to lose and it will give you so much profit. I like trading but I keep my eyes on the market  and when the price falls I start buying for long term trading.

it's difficult to see opportunities in crypto because of many factors that influence such as news and demand. so that it can create FUD or manipulation. I don't trade long term, but if in the long term I only hold bitcoin, because I believe bitcoin will eventually continue to increase. an altcoin is just my alternative to earn lots of bitcoin, so I try to always get profit on a daily or weekly.

[Negotiation]

Every businessman has to be ambitious in doing business and controlling his emotions so I can be a successful entrepreneur. If you do not get frustrated at the loss of business you should correct your mistakes and try again You need to try to become a successful business by eliminating negative thoughts and applying reality.

[Shasha80]

The conclusion of the article in the opening post we must be able to control our emotions when trading. Especially overconfidence and greed
which is very commonly done by most traders. I myself often make these two mistakes, and that leads us to experience loss. Therefore we
must be able to control our emotions, so that mistakes are not repeated we do it. The first is us make it a habit to not delay taking profits,
if it's already a profit then just sell the coins that we hold. And the second is always careful in managing our capital, don't be too confident
using all the capital we have. Do the steps that I have mention, then we can avoid these mistakes.

[Shimmiry]

That was a quite helpful link, thank you. Yes, trading was indeed a way to atleast gain income that you can control and somehow be manipulate when to buy and sell and how much profit your prediction can reach. But, as stated in the article, it would most likely to drive us onto something bad such as greed and overspending in trades. Hence, I would still prefer Holding for a long time or trading with a huge selling limit than to trade daily.

[Apened]

#1 and 4 for me, this leads to a loss because of overconfident in trading i also experience that feeling when i won trades consecutively and after having such good amount of profit i started to trade and add more amount to trade and the result was loss that day, Overconfidence may lead to that kind of trading, and also it is connected to the #4 which is greedy if you are making profit the tendency is being more greedy on trading.

[wajik-tempe]

That was a quite helpful link, thank you. Yes, trading was indeed a way to atleast gain income that you can control and somehow be manipulate when to buy and sell and how much profit your prediction can reach. But, as stated in the article, it would most likely to drive us onto something bad such as greed and overspending in trades. Hence, I would still prefer Holding for a long time or trading with a huge selling limit than to trade daily.

I think it depends on the coin where we choose to hold long time or doing daytrade because there are some coin that have potential to down and up so quickly so we could try to make profits daily, and also there are some coins that have potential in the future years and we'll hold it for a long time

[drachman]

Buying books or any other reference would really be a waste if you dont know on how to utilize it.Im a kind of trader which do make learning on my own.
Yes, i have tried to follow someones trading style but ending up not so well.Therefore,i decided to go solo and just getting information and analysis on the net
where i do study it out and apply it with my own trading behavior.These things cant really be learned overtime which most people do wrongly anticipated.

As long as you are getting profits then whatever you are doing is fine, one of the things most people do not like about this market is that it is a complete meritocracy, you cannot tell the market to do what you want, you can either predict what the market will do and get profits out of it or you do not, and if cannot then you have no business being here because even if you try to trade the market will take all your money, but if you can then you will be part of the minority of traders that eventually will make a fortune thanks to their knowledge.

[Janation]

You need to try to become a successful business by eliminating negative thoughts and applying reality.

If you didn't know, the reality is full of negativities that will eat you up.

It is not always that negatives come your way, it is a part of your life and it will depend on how you will be controlling that into your advantage. If you want to be a successful businessman or entrepreneur, you need to work hard, and that is not just physical work but mental and emotional too. You also need to be educated so that you know what you are doing and what might happen. A lot of things that will happen will depend on how you would be handling things so you need to decide very carefully.

[Lanatsa]

You need to try to become a successful business by eliminating negative thoughts and applying reality.

If you didn't know, the reality is full of negativities that will eat you up.

It is not always that negatives come your way, it is a part of your life and it will depend on how you will be controlling that into your advantage. If you want to be a successful businessman or entrepreneur, you need to work hard, and that is not just physical work but mental and emotional too. You also need to be educated so that you know what you are doing and what might happen. A lot of things that will happen will depend on how you would be handling things so you need to decide very carefully.

This isnt only applicable only on business but in all sorts of factors that is needed in your life not only limited to career but also in other aspects of life and all things that you are involve into.It all needs learning and adjustments for you to succeed.When it comes to trade then this isnt a simple thing
and it do takes time and effort for you to learn everything.

Life is indeed full of negativity and if you cant able to handle it well and goes to opposite way then it would be a problem.

[Xxmodded]

Buying books or any other reference would really be a waste if you dont know on how to utilize it.Im a kind of trader which do make learning on my own.
Yes, i have tried to follow someones trading style but ending up not so well.Therefore,i decided to go solo and just getting information and analysis on the net
where i do study it out and apply it with my own trading behavior.These things cant really be learned overtime which most people do wrongly anticipated.

As long as you are getting profits then whatever you are doing is fine, one of the things most people do not like about this market is that it is a complete meritocracy, you cannot tell the market to do what you want, you can either predict what the market will do and get profits out of it or you do not, and if cannot then you have no business being here because even if you try to trade the market will take all your money, but if you can then you will be part of the minority of traders that eventually will make a fortune thanks to their knowledge.

When getting profit what ever you said for beginner and many other trader they will trust with your words, but although you are an expert but you miss chance for predicting bitcoin and altcoin based on your price maybe they will not respect anymore whit your words again, depend how lucky you are for getting back responsibility and respect form another people.

[FinalFury]

I'm a noob, but is it possible for everyone to make a profit, or must there always be losers?

Not everyone did best and that is why others will fail. The real thing that may happen in crypto trading is that someone will suffer losses while the others will win. If we feel that we are not happy with the results, think also the reason that causes such negatives and you'll find the solution that could help to fix it otherwise, you'll still be a loser until the end.

The problem with me is that I start feeling guilty thinking that my gain was somebody else's painful loss.

[MWesterweele]

I think the most important thing to become a trader is to control your emotions. Many new traders often let their emotions overwhelm and they often make the wrong decisions. If you have negative thoughts while trading, it is best to stop and resolve those emotions before returning to your trade.

This is the most importanf thing for me, because with this it can change everything, we can win or we  can lose, a proper mindset is needed for us to make a right choice in everything. Trading and gambling needed a healthy mind so that we cannot lose our money just because of our emotional capability. This must be considered.