How to Overcome and Handle Your Mistakes in Trading?

[pankaj1234]

Trading is not played on buy and sell chart. It always 24x7 go through in your mind and emotion where we intend to make mistakes. In trading you should not worry about your purchase Coin will pump or dump. After some times you will under what is trading and gain some experienced. That the way you can overcome with your mistakes.

[Dorodha]

It is wise to move forward with learning from mistakes many people leave the market when they make a mistake. We have to try to improve without giving up trade. There will be risks while trading if there is a loss I will be able to learn something new and be able to move forward. The market will not stabilize and the pump will dump so try to learn something new by following the trading charts.

[militiariko]

For me, i think the easiest way to handle mistakes in trading is ensuring you follow the due steps:

1. Identify the mistakes, identify the situation that led to the mistakes too.
2. Find a lasting solution to the mistake; even if it means re addressing and taking a chance at a new strategy.
3. Keep practicing until you find the mistakes no more.

[icekohl]

In my opinion the easiest way is to follow your trading system and strategy strictly. Then take profit and stop loss orders will work for you, making sure to minimize your mistakes as much as possible. Reading too many analytics as well as the trading system will only increase your mistakes.

[Majharul Saiif]

There is no possibility to extricate what has emerged. Realizing where mistakes have been created and overseeing the following trading. This comes across to be a useful direction to overwhelm by acquiring from reiterated mistakes and trading the future with vigilance.

[wiss19]

You can't just let all those bad feelings get to you, if your brain and your emotions ever get mixed up, that means you are going to react with emotions and feelings and you are going to lose even more money, that is not really healthy for your money at all.

What you should do is, trade, and if you lose, learn from that loss and move on like it never happened with only the knowledge of how that would never happen to you and nothing else, by the next trade you should not do the same mistake and that's it, do not look at the next trade like a trade to get revenge on the last loss you made, because if you chase that loss over and over again, you will keep seeing buying opportunities in places that doesn't exist, which would make you lose even bigger than the first loss.

[gwdf1]

Trading is not played on buy and sell chart. It always 24x7 go through in your mind and emotion where we intend to make mistakes. In trading you should not worry about your purchase Coin will pump or dump. After some times you will under what is trading and gain some experienced. That the way you can overcome with your mistakes.

True — suppose, those, who are deep in crypto trading feel it. Once you start, you cannot stop thinking about everything that is connected with the crypto world. Yes, mistakes happen, and always. However, avoiding many of them is possible — simply learn more about crypto, and do it regularly.

[Tingtong]

First I learn but it youtube or blog post. When I saw one coin buy is a mistake I don't wait for a huge profit. Every time I want to trade so sell this coin and invest another coin for overcoming losses.

[sambuddha]

In my opinion the easiest way is to follow your trading system and strategy strictly. Then take profit and stop loss orders will work for you, making sure to minimize your mistakes as much as possible. Reading too many analytics as well as the trading system will only increase your mistakes.

Yes, a good trading system is very important. But this is not enough for success. A key tool most successful traders use is a trading journal. I would recommend a google document spreadsheet. You can edit it anywhere, all the PCs on which that document is open gets updated as well

[Boov]

Trading is not played on buy and sell chart. It always 24x7 go through in your mind and emotion where we intend to make mistakes. In trading you should not worry about your purchase Coin will pump or dump. After some times you will under what is trading and gain some experienced. That the way you can overcome with your mistakes.

Committing mistakes in trading was inevitable, this mistakes were intend to happen to give us a lesson in life that would save us from much huge lose ahead. And what i get from this thread was a virtue in trading that after all the mistakes you've done get up again and move on. Let this mistakes be your weapon on your next trading venture. But as you move to next trading venture of yours be wise enough, and be extra wise on your decisions.