BruceLee98
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October 30, 2021, 11:30:19 AM |
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Primarily Lack of basic information as regards to when to enter a trade and exit leads to a bad trade. Greed is also a very big threat too ,inability to control our greed always leads to a frustrating trade which makes us lose our winning trade. Emotions too also lead to a bad trade ,when we tend to trade our emotions first we often lose money. Also not trading with a particular strategy can also lead us into having a bad result while trading.
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taufik123
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October 30, 2021, 05:16:02 PM |
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if you don't have consistent mind then you must not in trading because this needs patience and dedication and also consistency in plans and actions , what you wanted to achieve must be intact unless there is something come across that needs to be changed . and besides our willingness brings us here right? and our desire as well so stick to that or gone forever.
This consistency and patience will be swayed by unexpected market conditions. this will make psychology more disturbed and ultimately not in accordance with the initial strategy that has been made. There should be a backup plan to deal with this. Becoming a trader who can run a good strategy will certainly not be as easy as turning the palm of the hand. Requires sufficient experience and performs capital management, risk management and psychological management. sometimes the initial plan will not match the action. Bad trades will lead to losses, so improve and keep learning how to make good trades.
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elisabetheva
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November 01, 2021, 08:19:00 PM |
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Trading always works on risks, if a person is not going to take risks in trading and don't have the ability to take risks then he will never earn a single profit through trading. It needs constant patience and have the ability to wait for the right time and wait for the right time to get entry in some coin, but at least the trading is volatile.
What must be avoided every time we make a trade is to hold back "emotions", because this attitude will make every action we take will certainly deviate from what we want. I agree with what you said, that in everything we do to enter a trade, we must know all the risks that we will experience, both the risk of profit and even the risk of loss. by being able to withstand "emotions" then we will be able to control ourselves with patience, which is a step that we will do in every trade. so that in the trade we will be able to manage what we will do next, so that we will get the right time to carry out the right execution. so that more opportunities for profit will be made.
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lepbagong
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November 02, 2021, 03:39:30 PM |
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I agree with you, often traders become greedy while on the road, they don't think long and don't think about the steps that have been planned before. No one knows the development of the market, what is feared is that your ethics is greedy and then the market turns out to be a dump for a long time, you yourself will bear it. So it's better to be careful and rent it out, don't be greedy.
sometimes it is greedy that will happen and is carried out by those who feel that they have not achieved any satisfaction that can be obtained. even though it is possible that the time that should be done is wasted, waiting to be able to get more. This is a natural thing because everyone can be wrong in responding to what actions will be taken, there is no satisfaction that should be received immediately but waiting for something more, but in the end the time that should be accepted is ignored and waits again. basically, don't be too greedy if you have got it and it's worth it to stop there. if you don't have consistent mind then you must not in trading because this needs patience and dedication and also consistency in plans and actions , what you wanted to achieve must be intact unless there is something come across that needs to be changed . and besides our willingness brings us here right? and our desire as well so stick to that or gone forever.
I agree, patience is very important for those who want to trade in crypto, because without patience and careful analysis, it is certain that the opportunity will be lost and we have left the opportunity that should have been done. everyone can experience that, only people who are experienced in trading can control themselves so they can think more clearly in disclosing what to do.
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checkmatesir
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November 02, 2021, 04:47:47 PM |
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I'm here to to tell you and make an enlighten about the topic like we needed the money at the right time, so most of the traders losses their money when they didn't wait for a long term even if they had needed the money. then it is also an impact on the trading of the person, so there must be some of the trading strategies before getting into it.
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blackened515
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November 03, 2021, 12:09:34 AM |
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Greed contributes to many traders losing money. They will probably see a good chance of selling and of course make nico profit. But, human being are unsatisfied, they always want more, so they end up losing that opportunity. Although, fear also leads to bad trading, a trader must learn how to make decisions without fear. We all know that trading involves risk. Then what Is the reason of been afraid? To avoid bad trading, one must know when to get into the market. Not buying a coin at it all time high, and expect to make a pretty profit.
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Rehan Zakir
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November 03, 2021, 06:54:03 PM |
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I think greediness is available in every person. It he is a trader or not. So, there are so many reason for bad trading. But the most common mistakes are low knowledge and greed. These both things always give you loss. So, first learn about trading and try to control your greed. And then take any step of trading.
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Issa56
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November 03, 2021, 07:17:13 PM |
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Seriously I really agree with your right up in trading most most people do lose money just because of greedy and fear, whenever a coins price is up they will be greedy they won't want to sell they will start thinking the price will still pump more and whenever the price start dumping they will start panicking and selling which some might even sell at lost. If you are trading make sure you are having a plan make sure you have a exit price incase you notice you are already in a profit and your target have not been reached and the market is not really favorable you have to exit the market, make sure you always take your profit even if is very little and make sure you dont always sell your coin at lost if you are holding a very good coin.
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Lanatsa
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November 03, 2021, 08:49:46 PM |
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Seriously I really agree with your right up in trading most most people do lose money just because of greedy and fear, whenever a coins price is up they will be greedy they won't want to sell they will start thinking the price will still pump more and whenever the price start dumping they will start panicking and selling which some might even sell at lost. If you are trading make sure you are having a plan make sure you have a exit price incase you notice you are already in a profit and your target have not been reached and the market is not really favorable you have to exit the market, make sure you always take your profit even if is very little and make sure you dont always sell your coin at lost if you are holding a very good coin.
Greed Fear Lack of Knowledge Impatience Too much confidence These are very common factors or aspects on why people do really commit out bad trades but you should really be that sensible on taking those mistakes as a learning curve because you wouldn't really make yourself way more better if you do skip it out.
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nurilham
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November 03, 2021, 11:33:56 PM |
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yeah everyone must have their own bad experience about trading. The bad experience that I did was also the same as described, namely I was in too much of a hurry and didn't really know the right time to sell and buy coins. I was too eager to make a quick profit to override mature thinking. In trading, we must really understand what to do and understand the market situation, so we must often look at the market. a careful plan and also a good strategy will help us to trade well.
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Fatunad
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November 03, 2021, 11:55:01 PM |
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yeah everyone must have their own bad experience about trading. The bad experience that I did was also the same as described, namely I was in too much of a hurry and didn't really know the right time to sell and buy coins. I was too eager to make a quick profit to override mature thinking. In trading, we must really understand what to do and understand the market situation, so we must often look at the market. a careful plan and also a good strategy will help us to trade well.
Bad experience is something inevitable and as a trader then its an inevitable thing and its just normal for you to commit mistakes but as you do gain experience you would really make yourself even more better but this isnt something that you could really able to get on few tries or in short duration. Dont rush up yourself on getting everything because this is a slow but surely process and this isnt a race.
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sumant
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November 04, 2021, 10:55:38 AM |
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Trading looks like an easy job in this world but it's play with emotions and people make many mistakes while handing these emotions. Every trader has their own style or mentallity about trading. When price is falling of a purchased coin traders will not going to handle that because of his own style and he sell his shares. Every patience man always going to make money in trading because trading is the work of timetime to purchase and sells.
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Sihab76
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November 04, 2021, 11:58:40 PM |
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Those who go into trading without an idea about the market can certainly face a bad situation. When it comes to training, you must go into trading with previous experience and knowledge of the market. If you can't invest and trade properly at the right time, you will be in a bad situation.
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Lordhermes
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November 05, 2021, 01:07:31 AM |
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Bad trading comes as a result of so many things: Lack of proper research before trading is one of the reasons that cause bad trading. Lack of strategy is another reason why most persons have bad trading; when one does not have a strategy to use in trading,it certainly makes him loose,because as the day goes by,so does strategies change in trading. Lack of experience is also one of the reasons why people have bad trading.When they do not have experience on how trading goes,or how they will trade,it will certainly have an effect on their trading.
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LUCKMCFLY
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November 05, 2021, 01:59:04 AM |
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I'm here to to tell you and make an enlighten about the topic like we needed the money at the right time, so most of the traders losses their money when they didn't wait for a long term even if they had needed the money. then it is also an impact on the trading of the person, so there must be some of the trading strategies before getting into it.
I think that it refers to needing the money that is in full trading, we must also take into account that out of desperation many people lose in trading, one of the errors for which many do not enter is that they want to sclap and end up trading in the medium and long term, just because the movement they planned was turned against by the market direction and they did not go out on time, I think this is the most common way that traders use to lose money, and unnecessarily, it is For this reason, for me, everything lies in knowing how to make a good strategy. If there is a good strategy there is no danger that you could lose money and if there is a stop loss that protects you against sudden market movements.
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dificanovi
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November 08, 2021, 06:10:41 PM |
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many times while trading we let our goals down and get greedy or fearsome. the problem are the reason behind, mostly psychological reasons. two scenarios
a. price went +20% up, we dont sell. reasons we dont need the money now we anticipate more gains (greed, market sentiment) we see others with more gains (greed, jealousy) we dream of million (greed, new life vision)
b. price went -25% down, we sell. reasons we need the money now we are fearing it will crash more (fear, market sentiment) we doubt our initial decision to buy (judgement by single point of time) we see others leaving the investment (fear, mass psychology, group) we see other investment that are not -25% (fear)
thats why many books advice to trade in smaller steps. dont go with a gut feeling, set a goal and stick to it.
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?
Usually beginners are often careless when it comes to trading cryptocurrencies. Indeed, in general, those who experience psychological problems are caused by social media which often displays good news about Bitcoin and bad news about Bitcoin so that their minds are disturbed. People who are easily distracted are people who are not firm in their stance, therefore this type of person should learn a lot about investing in cryptocurrencies before they lose even more.
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coinfinger
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November 08, 2021, 09:39:23 PM |
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Lack of proper research before trading is one of the reasons that cause bad trading. Lack of strategy is another reason why most persons have bad trading; when one does not have a strategy to use in trading,it certainly makes him loose,because as the day goes by,so does strategies change in trading. Lack of experience is also one of the reasons why people have bad trading.When they do not have experience on how trading goes,or how they will trade,it will certainly have an effect on their trading.
Yes, when traders are caring about their capital then definitely they will avoid bad trading. We cannot do anything about the unexpected market fluctuations still we can exit at stoploss level to cut our losses smaller. So, even in the high volatile market, we can trade safely it is is fully up to the traders and their caring about the capital.
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ningrum
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The OGz Club
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November 08, 2021, 09:53:46 PM |
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Lack of proper research before trading is one of the reasons that cause bad trading. Lack of strategy is another reason why most persons have bad trading; when one does not have a strategy to use in trading,it certainly makes him loose,because as the day goes by,so does strategies change in trading. Lack of experience is also one of the reasons why people have bad trading.When they do not have experience on how trading goes,or how they will trade,it will certainly have an effect on their trading.
Yes, when traders are caring about their capital then definitely they will avoid bad trading. We cannot do anything about the unexpected market fluctuations still we can exit at stoploss level to cut our losses smaller. So, even in the high volatile market, we can trade safely it is is fully up to the traders and their caring about the capital. It is definitely difficult to analyze it and market fluctuations in cryptocurrencies are completely normal, that's why it's important that we continue to monitor market movements because when this happens we can immediately do something so as not to experience big losses
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Slow death
Legendary
Offline
Activity: 3122
Merit: 1120
Leading Crypto Sports Betting & Casino Platform
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November 08, 2021, 11:38:50 PM |
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Lack of proper research before trading is one of the reasons that cause bad trading. Lack of strategy is another reason why most persons have bad trading; when one does not have a strategy to use in trading,it certainly makes him loose,because as the day goes by,so does strategies change in trading. Lack of experience is also one of the reasons why people have bad trading.When they do not have experience on how trading goes,or how they will trade,it will certainly have an effect on their trading.
Yes, when traders are caring about their capital then definitely they will avoid bad trading. We cannot do anything about the unexpected market fluctuations still we can exit at stoploss level to cut our losses smaller. So, even in the high volatile market, we can trade safely it is is fully up to the traders and their caring about the capital. speaking of stop-loss this cryptocurrency market things are completely different from the traditional market, these sudden pump and dump can get anyone create nerves all day because when the pump starts it is very difficult to know the right time to enter and go out. in this scenario the person who bought to make hodl is the only one who wins
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Mamun74
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November 09, 2021, 03:27:00 AM |
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Most people are greedy. When you start trading then You need to kepp patience. Why you are impatient? Everything change with time and Crypto price will up and down so you need to patience and control your emotion. Trading is not an easy but every patience man going to their goals and they can get profit ftom trading.
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