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Author Topic: reasons for bad trading  (Read 1802 times)
carlfebz2
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August 03, 2021, 07:40:08 PM
 #141

Reasons for bad trading :-
 When you trade unfamiliar markets I think is a bad trade. One of the basic reason traders lose money due to panic and lack of knowledge which destroyed their trading. Second important part is they don't set their own capital limits on trading and they don't Set their trading plans as well .Their plans in a greedy mind. These are the basic reasons for bad trading. 🙏
Just like when you are going to a war but you dont have a weapon then its really a total suicide and same goes when you are engaging into something without proper knowledge or preparation.

Of course you would really be needing capital management, emotional handling, risk management and all kind of management ex. time and overall factors needed for you to sustain this very fierce market.

When you are a noob then expect for mistakes to be more but once you do gain experience then it would comes lessen and lessen but still getting rid of it is impossible.

One thing you do target is to become sustainable.
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August 04, 2021, 03:39:50 AM
 #142

Reasons for bad trading :-
 When you trade unfamiliar markets I think is a bad trade. One of the basic reason traders lose money due to panic and lack of knowledge which destroyed their trading. Second important part is they don't set their own capital limits on trading and they don't Set their trading plans as well .Their plans in a greedy mind. These are the basic reasons for bad trading. ??

You are right, in the management of the balance available for trade, a part should always be used, which in my case is a maximum of 20% of the balance I have, more than that, no, because it would be risking a lot, there I divide that 20% to do 3 operations, where I must always leave with a positive balance, that is why I do not allow the stop loss to be 10%, it is always less than that amount.

Of course, that is just an example of what I always do, it is my way of dividing what I own, if we go to other advice from more experienced traders they may be more risky, besides that the trading I do is medium or long term. , because I really am not very quick to react to sudden market changes. I think that if you have that risk management, it is what you need to be a winner in trading, and to be an investor the strategy changes.

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August 04, 2021, 02:54:58 PM
 #143

The most common reason is that the trader has little experience. For this reason, I would advise you to pay enough attention to this.
Experience isn't a problem, do a drmo trading to practice trading like your trading real money and gain those experience. I think another and much worse reason why people are bad with trading is probably because of trying to find the thing that doesn't exist, what I mean by that is that some traders ignore the obvious thinking there is something grand going to happen which lead to losses and big mistakes.

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August 05, 2021, 12:09:15 PM
 #144

Most important cause for bad trading is that having poor understanding and lack of knowledge. If the users have no knowledge about the desired project then it become cause of bad trading. Users also use solid financial planning procedure like that of stop loss to guarantee that their financial risk is minimized and returns are maximized. If the foundation of the business are weak and unstable then it lead to bad trading.   
Crypto trading is a never ending reading adventure. It's a profession that keeps you in a consistent research and as new projects are launched most comes with a different portfolio and to stay updated with it you just have to add to your previous knowledge by doing lots of research.  It's just good generally that traders just read to help reduce losses and maintain good risk management.
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August 05, 2021, 01:42:50 PM
 #145

The most common reason is that the trader has little experience. For this reason, I would advise you to pay enough attention to this.

So if he doesn’t have experience then he shouldn’t trade?
I mean he can only gain experience if he does trading.
Yes what modifications we can make is that ask him to do trades of small amounts in order to gain experience.
I too also can conclude that this is the major reason for bad trading.
And if yes if a trader can overcome this then there won’t be any bars to stop him from getting profit.

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August 06, 2021, 08:36:57 AM
 #146

Trading is risky business underneath the success paraded by successful traders are losses and bad days. Newbies do not realise this before jumping into the crypto market hence the excitement. Excitement can be a dangerous emotion when trading. And also amateur traders expect to make huge profits with little capital.

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August 06, 2021, 09:36:09 AM
 #147

The main thing is profit. Everyone should take profit whether it is even small profit too. Greed in the trading is a way towards loss. Whenever we are more greedy about the coins and the profit we gain through them, then there will be more chances of loss.

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August 06, 2021, 12:02:27 PM
 #148

The main reason for bad trading we don't read first market analysis and do trade so these thing is become reason to loose and second when we are in loose we try to sell our coin or if we are in small profit we also try to sell coin and don't focus on target so this is a reason we  don't do best trade

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August 06, 2021, 10:21:08 PM
 #149

This is  more reason traders should keep their heads ups and try as much as possible to avoid this relative characters which keeps contributing to having a bad trade, greed is one of the most common bad behaviour with crypto traders , seeing a good profit and refusing to take it is some thing that occurs most times to many traders and at the end there end up selling at lose due to the reason you listed out. If a trader can overcome his greed then he is one step ahead from bad trades.

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August 07, 2021, 08:24:12 AM
 #150

A bad exchange is after you exchange unfamiliar markets. Great exchanges are continuously overseeing risk to keep the dealer within the amusement. A bad exchange dangers losing more than it plans on making in benefits.

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August 07, 2021, 11:26:03 AM
 #151

Base from your post, yes there's a lot of reasons for bad trading but my experience about bad trading is always wrong entry. I'm not really sure what is the right or best entry whenever I tried to enter to my "support" or lowest area it breaks and goes down more, this happened a lot of time and I think I need to improve this to avoid losing.

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August 11, 2021, 06:07:27 PM
 #152

The absence of a suitable trading strategy is the most evident and is the main cause for bad trading. Only by managing trading like a proper business will you be allowed to become a consistent and financially viable trader.

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August 12, 2021, 08:07:07 AM
 #153

the biggest impacts to our psychology? maybe the media, the news, the rumors.
we read something and anticipate that it will move 'others' and so we act on our own.
we do it, but we have no idea what it should mean. what should a musk tweet mean to a price? 3%? 10%? what should india banning crypto mean?
One of the reasons traders make mistakes is to follow the media or news, professional traders never trade based on news, they trade based on charts and news is just a trigger to see market sentiment,
This mistake is often made by beginners, because beginners do not have knowledge of trading, so they trade based on the news that appeared at that time.
Whatever the reason, trading using news or media analysis alone is not the right way.
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August 12, 2021, 09:03:28 AM
Last edit: August 12, 2021, 09:17:10 AM by Rruchi man
 #154

 Trading is not a get rich quick scheme.

Some people are enticed by the notion that trading brings in a lot of money and has the ability to make one rich quickly.

Others are enticed by the huge portfolios of old traders, and the successes they post online.
As a result of this misconception, many people quickly want to get into trading and we all know how badly it ends for them.

They do not concern themselves with learning the rudiments and also learning from the in between the line excesses from masters who have become conversant with trading.

Not being patient enough to learn completely to adopt a strategy, and being in a hurry to make money from trading are leading causes of bad trading.


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August 12, 2021, 09:43:10 AM
 #155

That is why trading needs more concentration with compatible actions as there was also a recent topic there in the bitcointalk, in which some people are talking about the reasons too. But the main thing and reason for bad trading is not having patience during trading which will also lead to loss and is also a major reason for bad trading.

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August 12, 2021, 01:53:42 PM
 #156

Trading is not a get rich quick scheme.

Some people are enticed by the notion that trading brings in a lot of money and has the ability to make one rich quickly.

Others are enticed by the huge portfolios of old traders, and the successes they post online.
As a result of this misconception, many people quickly want to get into trading and we all know how badly it ends for them.

They do not concern themselves with learning the rudiments and also learning from the in between the line excesses from masters who have become conversant with trading.

Not being patient enough to learn completely to adopt a strategy, and being in a hurry to make money from trading are leading causes of bad trading.


Everyone learns eventually that trading is a not a easy task contrary to popular belief. This is why starting with a demo account is important for a newbie in trading. Trading a live account go beyond knowing the basics of trading, there is a lot you can learn as a trader using demo account

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geegaw
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August 12, 2021, 03:04:37 PM
 #157

Trading is not a get rich quick scheme.

Some people are enticed by the notion that trading brings in a lot of money and has the ability to make one rich quickly.

Others are enticed by the huge portfolios of old traders, and the successes they post online.
As a result of this misconception, many people quickly want to get into trading and we all know how badly it ends for them.

They do not concern themselves with learning the rudiments and also learning from the in between the line excesses from masters who have become conversant with trading.

Not being patient enough to learn completely to adopt a strategy, and being in a hurry to make money from trading are leading causes of bad trading.


They don't know that old traders also just post random wins and the purpose of these advertisements is to open up a tutorial group for those in them to become teachers, we are becoming chickens and being made fools by others, very few old traders have good expertise as well as accompanying people all the way. Today's society is only colored with good things to convince users, no one exposes the stories behind, deceived users also do not want to share and show their mistakes to others, chains of silence become cracks for newcomers

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rima28
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August 12, 2021, 03:34:33 PM
Merited by Symmetrick (1)
 #158

Bad trading reasons from we lack flight hours or experience in trading. that casiest to go with the market is to follow the simple advice like this quote below and that will make you satisfied to be an investor of Bitcoin .if you keep on committing such bad traders with those in indicators that are affecting the market from time to time.
TheListener
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August 12, 2021, 04:09:16 PM
 #159

Many reason for bad trading some are newbies don't learn crypto rules and market movement and start trading without any knowledge or follow anyone signal  this is the main reason to loss and also some put invest when market pump so this not right and this thing also contain in bad trading

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NeverSop
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August 12, 2021, 05:07:15 PM
 #160

The big reason that I see is that some people are so confident with the blueprints they believe in it.  Until they found out it was broken through another drain, confused and got rekt.  There is no successful trader without going through failures.  They don't have the patience to follow their dream of becoming a good trader.  I am one of them, I quit trading because there is no winning, record of failure and loss.  Lol, today was a high win rate action on candlesticks and charts.

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