Experience of failure and success can help us control the emotions.

[MiF]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

[crzy]

Experience can only be learn once you are able to go out of your comfort zone and start taking risk, with this newbies are more prone to error and losses because they are still trying the water, that's why its advisable to start small first and don't rush in the market.

With your emotion, it can take you somewhere else its either it will bring you up or you'll be frustrated. Managing your emotion is not easy, if you can't handle yourself yet better not to do day trading. Controlling your emotion is the key for your success in trading, learn how to do this properly.

[Distinctin]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

True, as newbies only have limited knowledge and no enough experiences before they start trading, so that put them into high risk of losing their capital. Controlling the emotions is the key, but you will never master it unless you are never exposed to the real trading scenario and that you only invest to gain profits and not to learn and master trading.

[AmoreJaz]

Experience can only be learn once you are able to go out of your comfort zone and start taking risk, with this newbies are more prone to error and losses because they are still trying the water, that's why its advisable to start small first and don't rush in the market.

With your emotion, it can take you somewhere else its either it will bring you up or you'll be frustrated. Managing your emotion is not easy, if you can't handle yourself yet better not to do day trading. Controlling your emotion is the key for your success in trading, learn how to do this properly.

i guess, a lot of us have had fair share of losses in this market. because even those experts had their losses at one point in their trading journey. it is not the case that when you go into this market, you're already expert. your experience is earned thru time.
this is why your trading skills are not earned overnight, it is owed to years of actual experience as you encounter various types of projects. remember, each project is unique to each other as well.

[Russlenat]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Controlling our emotions will always be hard as we are used that in everything we do, we always consider our own emotions. But in trading, the more you use your emotions, the bigger chances you’ll keep on losing. Most particularly if you lack the knowledge and experiences that you need as a trader. That’s the reason why new traders should never trade unless they are ready, mentally and emotionally. Otherwise, if they still insist to trade because of greed for profits, their money will just go into waste and end up losing them.

[dunfida]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Mistakes and errors are the best teachers which it is usual because you cant learn up things on positive outcomes because before you would be achieving this state then you would really be having to go through with
these challenges on which on the time that you had corrected out these faults and mistakes and learn from it then you would really be going into a point on where you could handle up yourself within this market.
Emotions could really affect you out on big aspect considering that it could alter out decisions and plans that you had made out earlier.Learning is something that you do achieve
out of those errors that you have done but of course it would be depending whether you do learn from it or just simply ignore.

[harizen]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Self-emotion might be an enemy for you to consider but sometimes, that emotion saves our asses in trading in most cases.

Emotions are human nature. It is always associated with our decision in trading. It's really tough to withstand every market condition and you can't just simply say to others that they need to control it. Even professional traders feel emotional when they lose. What matter there is, after those big losses that result in emotional stress, traders should learn to bounce back and learn from those mistakes.

Building experience is really the key while being serious about doing trades.

[Viscore]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Experience is a big factor so you will be an efficient and successful trader in the long term. Without experience, you will find it hard to succeed in trading and you will always find it difficult to control your emotions especially when you are chasing for bigger profits, or you want to recover some losses. That’s the reason why controlling one’s emotion is a big challenge in trading, that most of traders fail to achieve it.

[Oceat]

Well, basically you can't learn anything if you don't fail that's why failure is the greatest teacher and there's no success on your first try. You can only learn it all if you allow yourself to experience it due to constant trial and error. Trading isn't that easy since you need to consider things that would hinder your ability to trade and that's controlling our emotions when trading.

Generally, it's not just trading that will benefit you if you'll be able to control your emotions perhaps it will definitely make you choose the right path of choices when you control your emotions.

[teosanru]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

So true, people often think FII is your worst enemy in trading but surely it's only and only You yourself. It's you who will casually break your own rules casually and then do revenge trading further losing even more capital of yours. So obviously experience of failures will eventually teach you this thing only to do decision making correctly.

[blockman]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Yes, that's exactly one of the main reasons why newbies are losing with their first trades. In all aspects that relate to risk-taking, every newbie is bound to lose at their start because they don't know how to plan the market yet. But once they gain experience, that's where they'll able to learn the lessons and manage to plan their next move on how they'll respond to the first failures that they've made. Those that aren't discouraged are the ones that continue and learn a lot. And they'll pursue trading because this is a market that they'll continue to thrive in because there's the opportunity. But then, even if they gain experience, soon they'll also realize that there are only a few percentages of winners in this market if it's about day trading.

[gunhell16]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

But you should also know that when a trader makes a good profit in his trading activity, it is also because of our emotions. In short, with every good or bad experience, we experience in trading here in crypto, our emotions cannot be excluded, or it cannot always be based on what we have experienced that is not a good result here.

Because, if we are just calm and relaxed while trading even if the cryptocurrency market is not showing well, our mind will remain calm to think of a different strategy to solve the events, because they are still part of our emotions.

[Unbunplease]

The most important thing is to find the strength to continue after the first failure. This requires a certain psychological stability. And also it is necessary to determine the right options to continue, so as not to make new and more serious mistakes.

[Ndabagi01]

When you fail to manage your emotions, you fail completely in trading. Emotions have a significant impact on trading and can influence your decision-making process, which in turn influences your trading. Being able to control your emotions is also related to how well prepared you were before entering the market, as well as your ability to maintain a positive attitude or mindset regarding the outcome of a trade. You don't fail once or twice and then give up; you have to keep trying until you get it right. If your emotions get in the way, you won't get anywhere.

[GreatArkansas]

(....)
 i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Yes for sure, because if this is the root, the capital of every trader especially newbies will be affected, and it will lead to more losses.
So for me, if you are trading, make sure to don't let your emotion control your trades. You should separate emotions from trading. Best example is chasing loses, it's very bad, especially if you want to chase that loss in just short period time or in just few trades.

[bittraffic]

When you fail to manage your emotions, you fail completely in trading. Emotions have a significant impact on trading and can influence your decision-making process, which in turn influences your trading. Being able to control your emotions is also related to how well prepared you were before entering the market, as well as your ability to maintain a positive attitude or mindset regarding the outcome of a trade. You don't fail once or twice and then give up; you have to keep trying until you get it right. If your emotions get in the way, you won't get anywhere.

Once you have experienced so many losses in trading you'll one day get used to the market that can surge or drop quickly. Sometimes you already have the feeling that you will just let the opportunity pass and wait for the next month's bottom.

You wouldn't even have to manage your emotions but just tend to your otherworldly business and let go of it and try next time when the opportunity passed.

[rhodelmabanal]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Most of the expert is once a newbie before we become knowledgeable we start from nothing until we start exploring and encounter so many failure and so many trials in trading, if i were a newbie i will still trade but i will use a small capital because i am still in a stage of learning and if i failed i will not feel anger because i only use small capital and even if i failed i am still earning knowledge that i can used in a Future trading.

[Sebas.tian]

Experience is the best teacher, once you experienced failure in your crypto trading in the past, it help you to know some of the things that made you failed and how to control yourself not to experience the same thing than to maintain some of the things that will give you success in the future. Many traders don't purchase Bitcoin when the price is high in the market, because they have experienced something that is not favourable that made them to change their decision to purchase Bitcoin when the price is low in the market. I don't think, emotions will control me to sell coins in the wrong period because I have learned from my experience never to be an hurry to sell without Carry out personal research.

[wxa7115]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

A lack of self-control and experience are without a doubt two of the most important causes why traders in general lose their money to other market participants.

But they are not the only ones, taking risks that are too high, lack of money management skills or not having a complete trading strategy are also important reasons why this happens, and with this in mind you need to concentrate on improving on all of those aspects, because a single moment of weakness can be enough to produce massive losses and you need to reduce the chances of this happening to you as much as possible by trying to improve your overall skill as a trader and not just a small number of skills and leave a glaring weakness on your ability to trade the markets.

[LogitechMouse]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

The more experience you have, the better you control your emotions so to answer your question, it's yes.

When I was a newbie in trading, there was also a time where I got FOMO'ed, and because of that I lost a half of my capital. I learned from that mistake of mine, but that wasn't enough learnings from me because I did it again the second time. I got FOMO'ed again and lost more than half of my initial capital. From that, I learned from it because I already experienced losing in trading. Though I can't say that I'm not experiencing any losses in trading, I can say that currently, I'm profiting more than losing in trading, and I'm not doing the same mistakes that I did again.

Experience really is a huge thing when it comes to trading because from that, you will learn and you will adjust to it. If you made mistake, you will adjust base on what happened to you. You will not learn if you didn't experienced it. Maybe there are some traders who for some reasons, traded very well since they started, but most of the newbies really tend to lose their money as they start, and one reasons is their emotions.

[Oshosondy]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Yes, experience has very big role to play for traders to make money from trading. But in reality, some traders continue to fail, that is just the truth.

The reasone some traders continue to fail is even beyond emotion, it is just greediness, they like high leverage, they continue to use high leverage and they continue to lose, spend more time on the screen and trading become a problem for them.

Not only the newbies are losing, some people that have been trading for awhile too may continue to lose more than gain, trading is simple to learn but not simple to make money with it. Newbies lose because of lack of experience, some will later understand their mistake and not see trading more as a way to make fast money, but as a way to gradually make money than losing it.

Experience can only be learn once you are able to go out of your comfort zone and start taking risk, with this newbies are more prone to error and losses because they are still trying the water, that's why its advisable to start small first and don't rush in the market.

Sorry, I do not understand this. What is getting out of your comfort zone has to do with trading?

[Minecache]

.. i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

For me, experience plays the most important role because it is something that cannot be bought with money, to get the experience, you need to trade your time and money to get it, even a lot to get it. That's also why I rarely give advice to newbies, because there's no better advice or lesson than experiencing it all for yourself. I often tell newbies who want to make money first to accept losses in exchange for experience, I believe no one can win the first time.

[AicecreaME]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Well, that's why they are called "newbie" for a reason, meaning obviously they don't have enough experience yet, and also we should expect more losses especially if they are just newbies. Experience is earned in a very long time process, and not all of the experience will teach you something valuable in return, but sometimes it depends on how you will take those experience, as your teacher or discourager.

Controlling your emotions will be hard, especially if you have a very high pride and big ego. For me the easiest way to control your emotions is when you can easily accept the result, move on, and learn from every mistakes you've made.

[rat03gopoh]

Don't forget that more evaluation is also a process of emotional maturity for traders. Today too many traders rely on signals, copytrade, and other automated trading tools, along with their own stories of failures and successes. So basically you can say they have zero experience independently even with a portfolio value of thousands of dollars.

[abel1337]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Having an experience is one characteristic of a successful trader, Even successful traders has their own experience having uncontrollable emotions that lead them into losing couple of their trades. The thing that separates a good newbie to a bad newbie is that a Good newbie took the failure as a stepping stone and become part of his experience in road to becoming a successful trader unlike bad newbies who keep doing it repeatedly or certainly stop trading after being on a loss because of the unnecessary emotions they expresses. These experiences will soon become a knowledge for those who are really determined to learn and want to become a successful traders. I believe that wrong decisions and experiencing an emotion based trades is inevitable and it is one of the foundation of a successful traders. As they grow, They can easily and determine how to avoid these.

[deathcode]

is this a reason why most of the newbie loss is it because they don't have enough of experience?

You are right, of course every beginner who has no experience will probably experience a loss first. Of course for beginners if they lose trading at first it is a very natural thing in my opinion because they are in the process of trying and failing. Because they are beginners at the stage of executing their knowledge or theory into actual trading activities.
The experience that we already have and go through in trading activities will succeed in enabling us to determine and control our emotions if we are aware and willing to evaluate every mistake in our experience when trading.
But on the other hand, even though we have a lot of trading experience, it will never be effective and we will definitely continue to lose money if we are not good at correcting / evaluating ourselves and our strategy.

[Flexystar]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

In reality, it's your maturity that can play a big role in this one. You will never be able to control your emotions because that is really an internal part of yours and when it comes to the money market, it's always at its peak level mate. Have you ever traded for real and seen how the heart pumps when you see red candles? In a similar way how excited one gets when it's going for a green candle?

Everything is related down to the atomic level when it's to money. Even a big bull can get scared when his investments are burning and the market is crashing because that is the start of a bear market and the bull can go crazy about it.

A maturity level comes after years of trading practice but by that time you are far away from the initial goals/visions for sure. - ask an oldie trader about this, you will get the drift.

[Vaculin]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Having no experience in trading is certainly a disadvantage for trader as he will only waste his time and money and still end up losing everything. That’s why newbies should always make the most in gaining knowledge and experience at first as it will help them to control their emotions when they are already in real trading. Not just for newbies alone but also for those traders who have been trading for long, if they have no enough experiences in trading, they will surely find it hard to control their emotions and become successful in trading.

[isaac_clarke22]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Well it could also be our best friend if you know what you're doing. Emotion is always going to be part of us as traders and the only thing we can control from our emotion is our reaction and when it comes to trading, we know that panic selling is one of the common reactions by some random investors especially newbies in the market.
Just like what good old quote says about rationality:

Reason over emotion

And yes that's why they're called newbies. They need more experience and exposure in the market.

[lousie9]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

You are right and I totally agree with your opinion that in trading activities the many experiences we have can of course make us accustomed to controlling our emotions. not only that but we can also sharpen and sharpen our decision making.
yes most beginners will experience losses when trading because they do not have enough experience. for beginners don't give up easily because for beginners this is just the first step to continue to develop their trading skills and abilities. because every professional and successful trader starts his journey from being a beginner to.
the more experiences we go through will make us more developed so keep trying even though sometimes we experience losses, but always remember to set a loss limit so we don't lose everything.

[Lanatsa]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

You are right and I totally agree with your opinion that in trading activities the many experiences we have can of course make us accustomed to controlling our emotions. not only that but we can also sharpen and sharpen our decision making.
yes most beginners will experience losses when trading because they do not have enough experience. for beginners don't give up easily because for beginners this is just the first step to continue to develop their trading skills and abilities. because every professional and successful trader starts his journey from being a beginner to.
the more experiences we go through will make us more developed so keep trying even though sometimes we experience losses, but always remember to set a loss limit so we don't lose everything.

There are really just people who cant just be able to handle out their emotions and they do easily get discouraged and completely stopped on the time that they would really be experiencing difficulties and failures
which we do know that its always been part of the learning process and the fact that there's no such thing about perfect trader or investor in the first place.

This is why you should really be that open minded when it comes to these scenarios on which it could really be making you more better and more good towards your trades.
You should be mindful on lessening out your mistakes and errors overtime.

[Rengga Jati]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

No offense. Experiences of both losing and success really can become good lessons for us, not only to help us manage better emotions but also strategy and also manage the risks. For, with experience, we may know which one to continue and which one to stop. Moreover, trading is always risky, so, from our experience,  we are also expected to able to manage the risks very well and wisely. Managing emotion is also a very important rule in order to keep ourselves under control.

[Rockstarguy]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Since emotion is a serious problem that can affect trading it is important beginners should start trading with a amount they can afford to lose. Beginning trading as a beginner,  the amount which is uses for trading matters a lot. It is better to start small and get experience which can be used later on for trading. Emotions is one of the enemy of trading,  and traders should be aware of it and try the possible best to control it. The more experience we have in trading the more we become strong to overcome emotions.

[Dragonfund]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Money is tide to emotion because look at this life, everyone today work to earn money and what is the use of trying to make more and in the process you encounter losses, when you make loss in trading either as an experience or inexperience trader, you will feel the pain but the ability to overcome it depends on our level of maturity to the market, some traders quickly snap out of that mood when the did has been done but new trader that is not experience will sobber and may regret the trade. This is why it is always better to learn dummy trading before you embark on real trading, it helps minimize losses and gain experience.

[virasisog]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, I think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

We'll never know how to control our emotions in trading unless we experience both failure and success. Our experience provides the best lessons in our trading journey and it helps us grow in all aspects including the proper handling of our emotions.
Since we've experienced both losing and making a profit, we already have an idea of what's the right step to take and we already know how to control our feelings so we can make the right decisions. I could say that we'll never succeed completely unless we experience both winning and losing which will always be part of trading.

[Sweetbtc]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

There is no doubt that the crypto market is a very volatile market where any cryptocurrency can drop below its value and new investors are very worried when it drops from where they bought it.Due to lack of experience, new investors get emotional and sell their cryptocurrencies for fear of loss even though the market continues to fluctuate and go back to their first position.The first thing to do in the cryptocurrency market is to control your emotions.First of all what is the price at the time you are buying the cryptocurrency and it is very important to determine the right time.Always buy in a bear market and sell your cryptocurrency when the market goes up.Many new investors do not know where to buy and sell cryptocurrency.For this reason, they get hurt by their emotions.DCA can be the best stretegi for newbies  where they can buy more of that currency when the price drops.

[Bananington]

i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Newbies who loose it and fall into the temptation of making decisions based on their emotions are those who have no person's experience to learn from, they have no guide no tutor. Newbie traders who are under the guidance of someone more experienced may be strong because their guide usually shares their experience with them and they learn from the guides experience. Because there is also a guide, they have someone who they can easily tell their plans so they can make changes, discourage them from it or endorse the plan, that way no decision is purely influenced and made in a hurry due to emotions.

[jrrsparkles]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Someone with the experience of 5 or 10 years in trading field can make mistakes too but with the experience it will be easier for them to recover from their mistakes whereas newbie may lose hope and give up after certain loss that is the main difference in my opinion.

However no one can really be consistent in crypto trading because of its high volatile nature that is why it's just better to invest on long term and feel the ease while making money instead of stuck in the profit and loss loop.

[Digital_Lord]

at the beginning everyone do some mistakes because of little or no knowledge and when they make investment three or four times then they learn how to cope with the situations. Newbies fails to get what they want because they think emotionally and prefer little money or loss rather than waiting for for favorable days. In my opinion once a holder seeks to wait and have an idea about the price then his patience will lead him a successful destination. And also keep in mind that a single failure is not your failure but its a step towards you successful path and you will learn from it.

[Jody.Drummer]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Someone with the experience of 5 or 10 years in trading field can make mistakes too but with the experience it will be easier for them to recover from their mistakes whereas newbie may lose hope and give up after certain loss that is the main difference in my opinion.

However no one can really be consistent in crypto trading because of its high volatile nature that is why it's just better to invest on long term and feel the ease while making money instead of stuck in the profit and loss loop.

Although it is not the only factor in helping us control our emotions, it is undeniable that experience will help us a lot to be able to control ourselves when trading. Experienced people are usually calmer when faced with unfavorable situations, in contrast to those who are inexperienced, let's say beginners, they will tend to panic and cannot control what they have to control, and in the end they make mistakes due to self-inflicted panic .
It can be said that most beginners experience losses because they lack experience and knowledge.

[Franctoshi]

Emotion is one key aspect of trading that is very important, Uncontrolled emotios can lead you in taking wrong decision while trading.
The best way one can learn is from experience, those professional and portable traders out there, mostly is as a result of long term trading mistake, failure and experience and their ability to use all this in their own advantage, which has helped them to becoming what they're today.

[Hamphser]

Emotion is one key aspect of trading that is very important, Uncontrolled emotios can lead you in taking wrong decision while trading.
The best way one can learn is from experience, those professional and portable traders out there, mostly is as a result of long term trading mistake, failure and experience and their ability to use all this in their own advantage, which has helped them to becoming what they're today.

When you arent that good of handling out your emotions then this is where it would really be affecting out your early plans that had been made which it is really just that right that you should really be that mindful on how you should really be controlling it or else it would really be messing up your entire goal.On the time that you do able to handle out your emotions then you could really be able to simply make things go
according into your plan since you do really have already that discipline and control which you do really need. Its true that failure are the best teacher because you cant really be able to
learn up things if you dont experience errors because this is where usually people do learn and not on the time that you are earning.

[borovichok]

Emotion is one key aspect of trading that is very important, Uncontrolled emotios can lead you in taking wrong decision while trading.
The best way one can learn is from experience, those professional and portable traders out there, mostly is as a result of long term trading mistake, failure and experience and their ability to use all this in their own advantage, which has helped them to becoming what they're today.

Decisions either adds or reduce your trading accounts, it all depends on making the right decision which will sealed one through out the tough side of of the market. Of course we are all in the space for ultimate target of making profits from every single trade we come across. Emotions is versatile and it's controllable by Pro traders in the market, they already know how to deal with it since they've been trading for a lengthy period of time. A newbie should be ready to face the challenges of the market, dip losses and crucial mistakes, all these contributes to the learning process. Failure helps builds a trader to become successful in the nearest future.

[palle11]

i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Yes there is a difference between experience in trading. A trader that is experienced already understand the market and the season of it on how the volatility happens during the day or night. So in such kind of situation an experienced trader knows what risk advantage he or she has looking at the time of the day either by reducing the size of risk to take, the leverage and total money management and that can control his fear and emotions but a newbie may not understand such technicality.

[AbuBhakar]

Yes there is a difference between experience in trading. A trader that is experienced already understand the market and the season of it on how the volatility happens during the day or night. So in such kind of situation an experienced trader knows what risk advantage he or she has looking at the time of the day either by reducing the size of risk to take, the leverage and total money management and that can control his fear and emotions but a newbie may not understand such technicality.

It's not enough that we know details technically, we must know when to applies it and in what scenario that application will works well. When it comes in trading crypto which scopes different ways to earn and techniques we must know what will work on us and only thru experience we will be able to analyze and to see what techniques can give us profit. We may experience loss but if we keep on learning and trying will eventually learn and earn on it.

[Nrcewker]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Why are you making decisions through emotions? Emotions don’t have any role in trading to be honest. I mean trading is very high risk investment scheme. If you don’t understand the risk involved and trade blindly, then definitely you gonna make losses. Then you claim “emotions” as the responsible for the losses. Trading should be always done with proper calculations and predictions. Do a depth research of the coin, and then analyse it thoroughly, go through all the possible outcomes and then only invest in that coin. This is the basic rule of trading. Don’t make “emotions “ as excuse if you lose.

[justdimin]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Well it could also be our best friend if you know what you're doing. Emotion is always going to be part of us as traders and the only thing we can control from our emotion is our reaction and when it comes to trading, we know that panic selling is one of the common reactions by some random investors especially newbies in the market.

Maybe the positive emotions only because it can also help our mood to stay positive but like you said control is needed so that we can not over hodl and lose selling at the right time. Emotions will always be part of us humans and it's almost impossible to stop them because they can only come out naturally but in trading, there is a thing called bots. They can do the work for us. It helps us to stay away from our screens.

It helps if one is having a hard time of controlling his emotions. Newbies shouldn't give up early if they are losing often because it was still part of the training to gain more experience. They need to expose their selves more in the market.

[jostorres]

i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Newbies who loose it and fall into the temptation of making decisions based on their emotions are those who have no person's experience to learn from, they have no guide no tutor. Newbie traders who are under the guidance of someone more experienced may be strong because their guide usually shares their experience with them and they learn from the guides experience. Because there is also a guide, they have someone who they can easily tell their plans so they can make changes, discourage them from it or endorse the plan, that way no decision is purely influenced and made in a hurry due to emotions.

Maybe they think that to have a guide will need them a capital or money. That's true but there are also free tutorials or they can also consult here in the forum because people here are willing to help someone else without asking anything in return.

Learning from someone else experience might not be enough but those newbies must also learn from their own. It can happen once they start doing trades and experience to fail. A newbie must be careful on telling everything to his mentor especially when it comes to money talks because we don't know what if they have bad intentions? Limitations must be set in place. This is why I think, being solo is still better.

[ShowOff]

Why are you making decisions through emotions? Emotions don’t have any role in trading to be honest. I mean trading is very high risk investment scheme. If you don’t understand the risk involved and trade blindly, then definitely you gonna make losses. Then you claim “emotions” as the responsible for the losses. Trading should be always done with proper calculations and predictions. Do a depth research of the coin, and then analyse it thoroughly, go through all the possible outcomes and then only invest in that coin. This is the basic rule of trading. Don’t make “emotions “ as excuse if you lose.

Even if you don't think that emotions play an important role in the success and failure of a trader, it was different to me.

My trading experience has always involved emotions, sometimes it's good to be a little greedy, but mostly it fails due to hasty decisions. Usually emotions will make it difficult for traders to make the best decision to enter even though they are doing analysis, but in many cases emotions must also be present but cannot be put forward. The reason for the failure can be influenced by emotions, including panic at the sight of the dump.

[KingsDen]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Why are you making decisions through emotions? Emotions don’t have any role in trading to be honest. I mean trading is very high risk investment scheme. If you don’t understand the risk involved and trade blindly, then definitely you gonna make losses. Then you claim “emotions” as the responsible for the losses. Trading should be always done with proper calculations and predictions. Do a depth research of the coin, and then analyse it thoroughly, go through all the possible outcomes and then only invest in that coin. This is the basic rule of trading. Don’t make “emotions “ as excuse if you lose.

No matter the magnitude of advice you give to a newbie, he will only abide by the advice for a small time and will later fell for what they have been warned against. Then they will lose their money, after losing money they will remember the advice that was given then and coupled with the experience they got, they will then ammend.

No matter how careful or detailed the advice a newbie recieved is, the newbie will definitely do the newbie mistake and same is applicable to newbie scam victims.

[Unbunplease]

Even if you don't think that emotions play an important role in the success and failure of a trader, it was different to me.

My trading experience has always involved emotions, sometimes it's good to be a little greedy, but mostly it fails due to hasty decisions. Usually emotions will make it difficult for traders to make the best decision to enter even though they are doing analysis, but in many cases emotions must also be present but cannot be put forward. The reason for the failure can be influenced by emotions, including panic at the sight of the dump.

Still, you shouldn't be afraid of emotion. Emotions provide adrenaline. Emotions keep life from becoming dull and boring. Just a little discipline and the situation will change for the better. What doesn't kill us makes us stronger. That's the truth.

[Fivestar4everMVP]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

While growing up, we were made to understand that experience is the best teacher..
It is very possible for newbie traders to lose big in the trading market due to inexperienced.
Trading is like an art that must be mastered, and mastering trading is not something that can be achieved in a short time, one have to give themselves to learning everyday, and also be ready to lose some money in the process of learning, this is how experiences are made, which in turn, guides the trader to significantly reduce their chances of trading at a loss in the long run.

[Slow death]

In trading the number one enemy is our self emotions

It's true, but we have to know that the reason for this is that most people learn day trade, but the day trade and forex course, then when they start operating in the cryptocurrency market nothing works, especially when there is a big drop in price , they look at the chart and there is a cadle of a hammer, with a lot of volume, in the next candle there is a marubozu, the technical indicators show that there will be a trend reversal, so the person buys and places a stop - loss, but then the price drops again, the person buys again thinking it will go up and the price drops again. this cryptocurrency market is different from other markets

many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss

man, this is not the reason why people lose money in this market, as I said above, the problem is that markets are different and people learn to day trade in forex and in this market day trading ends up being unprofitable

is this a reason why most of the newbie loss is it because they don't have enough of experience?

actually having experience on this market is something important because people can realize that doing day trades will only be wasting time and money, in this market the only way to get profits is doing hodl, I know that patience is something that not all people have, but if you want to make a profit in this market you will have to learn to be patient, because doing hodl is the only best solution to make a profit

[tjtonmoy]

Most of the newbies start their trading journey in order to get big profits and become rich overnight. This is the main reason they lack patience and without any proper knowledge, they jump into play the big game. Putting all in one trade is also a mistake seen in many newbies.
Even with proper knowledge, if one doesn't have control over their emotions, they can lose. And experience of failure and success does help to get a control over one's emotion but if you continue to do the same mistake over and over again, thus making more losses thinking you may learn from your mistakes. You are making a regrettable decision.
Even the pros make mistakes too, but because they have good control over their emotions, they can point out their mistakes and avoid it from happening again.
It is always advised to start small, learn the proper knowledge, have faith over your analysis and not make decision based on your emotion. It's also vise-versa when it comes to success/profits. If you keep making profits, in the long run you keep doing the same thing and not focusing on the chart and analysis.

Even though both can help us learn, it could encourage us. But if not used properly, it could mislead us too.

[GeorgeJohn]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

In addition many people losses in trading because of greediness and I believe that its the emotions you are referring to, when you are crypto minded you will know exactly what is obtainable in trading, so I believe that trading have to do with mechanism and if you don't have the mechanism of Trading you won't know when is right time to take decision and when not to take decisions.

[Renampun]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

True, as newbies only have limited knowledge and no enough experiences before they start trading, so that put them into high risk of losing their capital. Controlling the emotions is the key, but you will never master it unless you are never exposed to the real trading scenario and that you only invest to gain profits and not to learn and master trading.

without direct experience, it will be very difficult for a newbie trader to get good skills in trading. I see a lot of people who admit they really want to start trading but the intention they have is so little that their plans always fail to become a trader.

after all, winning and losing is a natural thing experienced by every trader around the world, no trader wins 100%, that is nonsense. be consistent and make every moment when trading an experience so that in the next few years you can have good emotional control when trading.

[irhact]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Experience does have a big role in discussion making but not as much as having the right information or education which is why you can  see a very young trader been been profitable than the experience traders that have many years in the market. The young trade could have been taught well and since he has the right information his decision are always accurate.

Experience also has its role to play but that's when you have the right information already, experience only can't make you a successful traders or you might have lost alot before you start getting trades correctly. When it comes to experience, it's best you learn from others mistakes than yours.

[Mpamaegbu]

i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Of a truth, it does. I got to understand why employers would always have "years of experience" included in job requirements as part of their criteria for picking new intakes. We may think it's high-handedness to do that but it's not. There's a part for experience in anything we do in life. Those with experience often go far ahead of their counterparts without experience.

On the part of failure and success, we learn from failure than we can do from successful. Failure gets us into adjusting our strategies and trading plan whereas success gets us excited and ego bloated. With it we conclude that we've accomplished and "arrived".

[palle11]

i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Emotion is not only for newbie trader but it cut across all trader from professional to newbie or learner, the difference is that the professional has a better knowledge of the market and can move on easily to wait for another opportunity but the newbie may not have such capacity of understanding so may be aiming to fight his emotion to revenge the market which is dangerous.

[Huppercase]

Emotion is one key aspect of trading that is very important, Uncontrolled emotios can lead you in taking wrong decision while trading.
The best way one can learn is from experience, those professional and portable traders out there, mostly is as a result of long term trading mistake, failure and experience and their ability to use all this in their own advantage, which has helped them to becoming what they're today.

I disagree that it is not everytime that uncontrolled emotions lead to wrong decisions, there are times we become confused to make decisions, it is that fear of making lost that make us to exit the market fearfully and when the market crash, you will thank your uncontrolled emotions that made you to live the market but it most not be done everytime, uncontrolled emotion consstently will only give you loss but I as I said, it have its own advantage and also disvantage, it depends on when you use it at their appropriate time.

[sulendra12]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

This is why you have to be ready to take the risks and stop thinking that everything is a win. I'd prefer to suffer a loss in early runs to know how does it feel so I'm not that surprised if I encounter the same scenario again in the future. Keep winning is great but in the other hand if you can't handle one small mistake and ruined your emotions then what's the matter? Failure is a part of success

[SquallLeonhart]

without direct experience, it will be very difficult for a newbie trader to get good skills in trading. I see a lot of people who admit they really want to start trading but the intention they have is so little that their plans always fail to become a trader.

after all, winning and losing is a natural thing experienced by every trader around the world, no trader wins 100%, that is nonsense. be consistent and make every moment when trading an experience so that in the next few years you can have good emotional control when trading.

That is why it would be a lot better if someone starts trading after they learn some stuff. There are a million resources to learn from and there are a lot of people who do not learn from them at all, they end up losing a lot because of this. Just learn, study and be better than a newbie and then you can start trading and you should be fine.

Definitely isn't the best feeling in the world, after all people rather see profits right away and not spend 6 months studying for something they are not entirely sure if it will make any profit for them at all. Maybe you will study for 6 months and end up with nothing? But I guarantee you, you will end up with nothing if you trade with zero knowledge.

[YOSHIE]

is this a reason why most of the newbie loss is it because they don't have enough of experience?

This is one of the biggest factors for experiencing losses in the world of crypto trading, experience and knowledge of crypto trading is relatively minimal or does not understand how to trade at all.

But emotion is not a new thing that has been felt by many crypto trades, including me, the first time I traded I always put my own emotions forward, without wise and mature consideration.

Between 4-6 I do crypto trading, I learn a lot in terms of crypto trading, where I have to really understand and set aside my emotions, and I control and I trade with a wise mind and without emotion.

[Cling18]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

This is why you have to be ready to take the risks and stop thinking that everything is a win. I'd prefer to suffer a loss in early runs to know how does it feel so I'm not that surprised if I encounter the same scenario again in the future. Keep winning is great but on the other hand, if you can't handle one small mistake and ruined your emotions then what's the matter? Failure is a part of success

There's no such thing as perfect trading so it is normal to fail in crypto trading especially if we are just at the beginning of our journey. Failing doesn't mean that you won't succeed but rather it can be a big motivation for us to learn and be better. If we have experienced failure, we already know what to expect and through that, we can handle our emotions. Dealing with our emotions is quite hard sometimes because trading could give us a roller coaster ride of emotions so we should be firm in handling what we feel.

[Kgdktac]

Many traders experience losses because they struggle to manage their emotions, which can have a significant impact on their decision-making process and even lead to substantial losses.

experience plays a critical role in decision-making. This could be why many new traders experience losses, as they may not have enough experience to effectively manage their emotions and make informed decisions.

[carlfebz2]

Many traders experience losses because they struggle to manage their emotions, which can have a significant impact on their decision-making process and even lead to substantial losses.

experience plays a critical role in decision-making. This could be why many new traders experience losses, as they may not have enough experience to effectively manage their emotions and make informed decisions.

When emotion do kicks in, then this would really be that tough on which there's no way that we could be able to avoid on making out decisions on the time we've felt something.If you dont have sufficient experience

then you would definitely be changing up your course which is totally opposite or different on what you had planned earlier which we do know that it is really that bad.Being that impulsive could alter things out
where it could give out positive or negative results most of the time.If you do come into a time where you are already gaining experience and awareness on what you are doing then you would
definitely be able to mold up that kind of control which would take overtime.

[GeorgeJohn]

Many traders experience losses because they struggle to manage their emotions, which can have a significant impact on their decision-making process and even lead to substantial losses.

experience plays a critical role in decision-making. This could be why many new traders experience losses, as they may not have enough experience to effectively manage their emotions and make informed decisions.

The reason while new traders get lost in most of their trader might be as a result lack of understanding the scenarios of Trading, because when you know when to be in trading market and when to go out of the market their's every tendency that you come up with profit, but a situation whereby a new trader is inquisitive to join trading without understanding the rudiments of trading, theirs is every tendency that it may end up venturing into negative side of Trading,  its very obvious.

[knowngunman]

The reason while new traders get lost in most of their trader might be as a result lack of understanding the scenarios of Trading, because when you know when to be in trading market and when to go out of the market their's every tendency that you come up with profit, but a situation whereby a new trader is inquisitive to join trading without understanding the rudiments of trading, theirs is every tendency that it may end up venturing into negative side of Trading,  its very obvious.

The point is experience still matters. It is your experience that let you know when to enter market and when to back off. People new to trading lack those experiences and that result in the negative outcome. It is to be noted also that despite your experience, you're not guaranteed a loss free trade. You can experience loss some days as well but the chances of your success is high if you are truly experienced and willing to abide by.

[indah rezqi]

The reason while new traders get lost in most of their trader might be as a result lack of understanding the scenarios of Trading, because when you know when to be in trading market and when to go out of the market their's every tendency that you come up with profit, but a situation whereby a new trader is inquisitive to join trading without understanding the rudiments of trading, theirs is every tendency that it may end up venturing into negative side of Trading,  its very obvious.

I can tell they really want to get rich as fast as possible by trading but they don't know much about how the market works. This seems trivial, but trading like this seems to be more emotionally draining for traders due to price volatility. After all trades for relatively short time frames are very likely to lose, especially if they activate a cutloss strategy. Obviously each time they lose will allow more emotion to be used in later phases to be able to make up for the loss.

[Myleschetty]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions

I think the number one enemy in cryptocurrency trading is accepting the fact that crypto is always come with risk and the only way to avoid the risk is to choose a good coin and it the market is not in your favor hold it for the long term since the coin will relevant in the market

[isaac_clarke22]

~

Nah. Not really just positive emotions, justdimin.
I had day traded before and one particular example from my experience was that I am feeling a bit nervous and a bit of fear as well. From that negative emotion, I just started to increase my capital slowly and not entirely committing my whole savings to it. It turned out to lessen my losses after I did the stop loss strat. It was not a profitable experience (leading me to quit day trading), but at least I managed to lessen the losses I got from that where it might potentially cost me thousands of dollars in the long-run.

[tygeade]

There's no such thing as perfect trading so it is normal to fail in crypto trading especially if we are just at the beginning of our journey. Failing doesn't mean that you won't succeed but rather it can be a big motivation for us to learn and be better. If we have experienced failure, we already know what to expect and through that, we can handle our emotions. Dealing with our emotions is quite hard sometimes because trading could give us a roller coaster ride of emotions so we should be firm in handling what we feel.

Failing is horrible if you do not learn from it. But it is one of the best teachers if you have learned something from it as well. I have failed many times while trading and some of them were out of nowhere and I couldn't understand why I lost, and yet when the time comes I learned from my mistakes and thanks to that I am not making as many mistakes as I used to, which is an amazing thing.

I hope that most people will do something similar when the time comes and we will end up with something much better on the long run. I know that's not going to be easy for the newbies, wasn't easy for me neither, but when they start to learn from their mistakes, they will start to become a great trader.

[ethereumhunter]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions

I think the number one enemy in cryptocurrency trading is accepting the fact that crypto is always come with risk and the only way to avoid the risk is to choose a good coin and it the market is not in your favor hold it for the long term since the coin will relevant in the market

There is a risk, so we must know how to deal with it so that the risk does not become too big by learning from many sources. It is not easy to overcome risks but with a willingness to learn more and learn from experience, we can overcome risks. And it's true that we have to be able to control our emotions and only by learning to control our emotions can we control them well. And even though it takes time to master controlling emotions, it is still worth it so that the released crypto news does not sway us.

[Hyphen(-)]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

How can we actually control our emotions if we can't take our eyes away from our wallets?

Most new traders believe that constantly checking their wallets will provide them with peace of mind because they will be monitoring the movement of their investment's prices, not realizing that their emotions will not allow them to keep the coin if the price falls.
To some extent, I don't blame beginners for keeping an eye on their wallets because it is something new to them, but I am confident that with time and experience, they will adapt because experienced investors always set goals and stick to them.

[AnonBitCoiner]

Emotions play a big role in the person's future because it one cannot control his emotions then he cannot do better for his future and his every decision will be wrong. I think that if a person has experience related to trading and investment in crypto industry then he will also have a power to control his emotions because a success can also be possible if you tolerate your emotions.

Newbies have little knowledge so they cannot imagine that what can be occur as a result of their fear. People also have greed which is also a form of emotion and whenever the price become high they think that it will enhance more and more so this greedy behavior will loss all of their profit.

[Jody.Drummer]

How can we actually control our emotions if we can't take our eyes away from our wallets?

Most new traders believe that constantly checking their wallets will provide them with peace of mind because they will be monitoring the movement of their investment's prices, not realizing that their emotions will not allow them to keep the coin if the price falls.
To some extent, I don't blame beginners for keeping an eye on their wallets because it is something new to them, but I am confident that with time and experience, they will adapt because experienced investors always set goals and stick to them.

Checking our money in our wallet too often is not good, you are right it really affects our emotions. Sometimes when we see that our money has increased just a little, we want to take it, so if our money decreases, we want to take it immediately because we are afraid that we will lose more and more. So as much as possible we don't check our wallet too often. But that doesn't mean we don't check it at all, because we also have to watch it.
Gals like this do happen to beginners, yes, I really understand this action because I personally did that at the very beginning. But with the passage of time, we will definitely understand which ones we have to do and which ones we have to avoid to become good investors.

[lixer]

Many traders experience losses because they struggle to manage their emotions, which can have a significant impact on their decision-making process and even lead to substantial losses.

experience plays a critical role in decision-making. This could be why many new traders experience losses, as they may not have enough experience to effectively manage their emotions and make informed decisions.

The reason while new traders get lost in most of their trader might be as a result lack of understanding the scenarios of Trading, because when you know when to be in trading market and when to go out of the market their's every tendency that you come up with profit, but a situation whereby a new trader is inquisitive to join trading without understanding the rudiments of trading, theirs is every tendency that it may end up venturing into negative side of Trading,  its very obvious.

A newbie trader can do a research and get idea of the other traders but they still lacks in experience, this is why once they initiate their very own trade, they might get scared when they see a little decline in the price and they can also experience other emotions like being too excited when they see a small increase in the price. This can affect their performance and the ability to make a good amounts of profits here in trading.

There is still a chance that they can improve their selves. They only need more exposure in the trading field. I wouldn't advice using demo trade or too low amounts because their emotion can also change. They will be more confident this way.

[gabbie2010]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

I am currently battling emotions and  how to control it while trading, once I lost a trade I always try to chase some trades in order to recover my losses Lo and behold I always incurred more losses because of defying my trading strategy, this had always been bad experience, now I had decided to close my trading App after losing a fix percentage of my total funds for trading thus close for the day and take leave till the next day bearing in mind that there are numerous upcoming opportunities of trades in the market, this is one of the steps I am trying to inculcate into my trading ideas which I believe is the solution to my emotions.

[Oneandpure]

After losing more in trading then realize and can control my emotion right now despite how important about earn or take profit as soon possible although few percent than keep holding with greedy to earn much profit. I am most loyal trader and my mindset holding is the winner, seems loss control about holding is not always as the best option because have stop loss can recovery back our loss by reinvesting on lower price.

For the next time entry when trading altcoin or bitcoin I will try implement about take profit under 10% and have brave for using stop loss because always get second chance take recovery our loss by reinvesting with lower price. I have to control my emotion not greedy when trading and need to cut loss some time and don't be loyal for long term holding actually when moment market crash.

[Quidat]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

I am currently battling emotions and  how to control it while trading, once I lost a trade I always try to chase some trades in order to recover my losses Lo and behold I always incurred more losses because of defying my trading strategy, this had always been bad experience, now I had decided to close my trading App after losing a fix percentage of my total funds for trading thus close for the day and take leave till the next day bearing in mind that there are numerous upcoming opportunities of trades in the market, this is one of the steps I am trying to inculcate into my trading ideas which I believe is the solution to my emotions.

All of us would really be able to experience such state on which we would definitely be facing up this challenge or situation on where we are really that trying or fighting our emotions since we know that we cant really be able to have a good grasps into it specially when we are just a newbie.This is why it is really just that right that you should really be sensible on learning up things along the way.
We cant really just start on being a pro on first few tries on which it would really be normal that emotions and mindset is something that you would be needing to adjust on times like these.
There's no way we could be able to achieve success without passing up these things.

[Unbunplease]

Generally speaking, emotions are what make us act. If we lived without emotion, we would get bored very quickly. Emotions in trade may not be a good thing, but emotions lead us to, for example, accidentally discover a new plan of action. And we can always set up a trading bot.

[wxa7115]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

I am currently battling emotions and  how to control it while trading, once I lost a trade I always try to chase some trades in order to recover my losses Lo and behold I always incurred more losses because of defying my trading strategy, this had always been bad experience, now I had decided to close my trading App after losing a fix percentage of my total funds for trading thus close for the day and take leave till the next day bearing in mind that there are numerous upcoming opportunities of trades in the market, this is one of the steps I am trying to inculcate into my trading ideas which I believe is the solution to my emotions.

While this happening once or twice is almost inevitable as humans lose control of their emotions from time to time, the fact that you say this is something that always happens to you once you lose is worrying.

As it does not matter how good you are as a trader, no trader can win every single trade they make and they have to eventually face losses, if I were you I will give special attention to this detail as it is a flaw which could eventually bring you losses from which is impossible to recover.

[irhact]

Emotions play a big role in the person's future because it one cannot control his emotions then he cannot do better for his future and his every decision will be wrong. I think that if a person has experience related to trading and investment in crypto industry then he will also have a power to control his emotions because a success can also be possible if you tolerate your emotions.

For anyone to become a successful trader or an investor in cryptocurrency, they must learn to set aside their emotions and follow the charts. Been emotionally involved is totally wrong as it could cost you lot of money either from losing a trade or holding onto worthless cryptocurency just because you're feeling attached to a particular coin.

Emotions shouldn't be given a chance to play a role in our financial decisions. If those who invested in Bitcoin when it was nothing allowed their emotions to make the decision for them, they won't be as rich as they're today and that's because they would had sold their coins a long time ago due to doubt that everyone was having.

[el kaka22]

It is important to learn how to get better overtime with these things, but I am not entirely sure how easy it will be. Most people end up with a result that is either good or bad but they move on afterwards without really caring about it.

I basically do not believe that should be the case, they should look back both on their losses but also their winnings and see what they did wrong or right to make sure they can learn from it and grow. With that type of mindset they should be doing a lot better in the future without a doubt. I tried doing that for a long time, to be fair I know what is wrong before even I do it now, and yet sometimes still can't stop myself from doing it, be better than me.

[Baoo]

I absolutely agree with what you said OP. if you let your emotions control you in any kind of fields, you will never reach success and achieve any goals. Plus, you have to learn from your own mistakes. And remembers that every beginning is tough, we all face a plenty of obstacles in life but once you get enough experience, everything will go extremely well.

In my opinion, Trading crypto isn't an easy field to gain thousands of bucks in a short term.
I advise newbies to start with a low budget to avoid the risk of losses. And if you are not mentally strong and don't have patience , then regrettably you don't belong this field.

[wxa7115]

I absolutely agree with what you said OP. if you let your emotions control you in any kind of fields, you will never reach success and achieve any goals. Plus, you have to learn from your own mistakes. And remembers that every beginning is tough, we all face a plenty of obstacles in life but once you get enough experience, everything will go extremely well.

In my opinion, Trading crypto isn't an easy field to gain thousands of bucks in a short term.
I advise newbies to start with a low budget to avoid the risk of losses. And if you are not mentally strong and don't have patience , then regrettably you don't belong this field.

Acknowledging our shortcomings is important, it is easy to be attracted to this market and the profits it could bring, but there are simply too many people that do not have what is necessary to become a successful trader.

And I am no taking about knowledge or a trading strategy, which while important they can always be learned if you have enough time, I am talking about keeping our emotions in check, someone which is overly emotional will make severe mistakes even if they had the best strategy around the world, while someone which was nowhere near as good as a trader but which could control themselves will have way better chance to turn a profit while trading.

[Kgdktac]

Experience can help traders develop a better understanding of market conditions and how to manage their emotions when making trading decisions. It's important for new traders to take the time to learn about the markets, practice trading with a demo account, and develop a trading plan that includes risk management strategies. By doing so, they can gain the experience needed to become successful traders over time.

[mvdheuvel1983]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Failure and success remind me of the Chinese yin yang concept. The concept of yin yang is used to explain the interdependence and complementarity of opposing forces in nature and the universe, and to illustrate the importance of balance and harmony in achieving overall well-being. In trading like the op said it helps to create harmony of our emotions and to have a clear head when trading.

[carlfebz2]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Failure and success remind me of the Chinese yin yang concept. The concept of yin yang is used to explain the interdependence and complementarity of opposing forces in nature and the universe, and to illustrate the importance of balance and harmony in achieving overall well-being. In trading like the op said it helps to create harmony of our emotions and to have a clear head when trading.

We all do start on being a noob on which there's no shortcut way on becoming a pro on first few tries which it would really be just normal that you would really be experiencing these kind of failures and errors which

is something that you would be needing to learn along the way.Success isnt something that simple that could be attained or something that you could be able to achieve.Emotions
is the main thing that could alter out your plans specially on the time that you would be tolerating it.Its really that hard but not something that impossible though.
This is why it would really be just that right if we do learn up along with those mistakes and errors that we do experience.

[Falconer]

Failure and success remind me of the Chinese yin yang concept. The concept of yin yang is used to explain the interdependence and complementarity of opposing forces in nature and the universe, and to illustrate the importance of balance and harmony in achieving overall well-being. In trading like the op said it helps to create harmony of our emotions and to have a clear head when trading.

Nothing can go as smoothly as expected, that means that each of us must experience ups and downs. Even a businessman will not be as successful as he seems without ever failing or at least losing money financially, that also applies to traders and investors because they both involve money. The successful are those who keep trying after failing, those who get up after falling until they finally find balance.

[Captain Corporate]

Having been in this market for so long, and made more money than I could ever imagine (I am not rich, just been living off my income in the past 8 years is good enough reason to say its a lot of money for me), it is true that success and failure both happened in my life and that's why I feel like its nothing at all to me. I am pretty sure that price could be 40k tomorrow or 10k and I would feel exactly the same way on both of them. It would be good to write about anything major, that's true, but the reality is that we shouldn't really feel like it would change anything in our lives at all. Not until we reach our goal of course.

[LogitechMouse]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Experience is the most important thing when it comes to trading (for me) because if you doesn't have any experience in trading, you cannot train yourself on how to be emotionless when trading.

When I'm starting to trade, I can't control my emotions that's why I ended up getting FOMO'ed twice at that time. I experienced having my capital wiped out because of wrong entry in the futures. All of the failures that I experienced back when I was a newbie really helped me to what I'm doing in trading now. I don't have 100% win rate as of this moment, but I can say that I have more wins than losses now when it comes to trading.

As for the newbies, I believe that lack of experience really is one of the reason why newbie traders are losing. They don't know the feeling of entering and exiting, they don't know what they will do if suddenly the price of the coin went below their entry point. Experience is a big role in trading, and newbies loss more often because of lack of experience. What's good is that, there are some newbies who doesn't stop when they got losses in trading, and instead they're learning from it, adjusting from their mistakes, and will try their best not to do it again.

Overall, experience in both winning, and losing is a big help for a trader to become emotionless when it comes to trading.

[xSkylarx]

Failure and success remind me of the Chinese yin yang concept. The concept of yin yang is used to explain the interdependence and complementarity of opposing forces in nature and the universe, and to illustrate the importance of balance and harmony in achieving overall well-being. In trading like the op said it helps to create harmony of our emotions and to have a clear head when trading.

Nothing can go as smoothly as expected, that means that each of us must experience ups and downs. Even a businessman will not be as successful as he seems without ever failing or at least losing money financially, that also applies to traders and investors because they both involve money. The successful are those who keep trying after failing, those who get up after falling until they finally find balance.

That is why mistakes or losses are the best teachers in the world; you will learn valuable lessons from them, and now is the time if you can still stand up and recover from those things. That is why we should treat it more as an opportunity than a failure, because we can gain something if we create an opportunity on it rather than being sad and not reflecting on it.

[|MINER|]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

If the peoples are wise then those will of course gain all the good aspects of life from experience. However, it is different for those who lose because they do not control their emotions or make a mistake and do not learn from it next time.
However, the survey showed that most of the traders, i.e. successful traders, learned from their wrong steps and used that experience the next time to be successful.
And if I talk about myself, then I will say that yes, the mistakes that I made in my early days of not being able to control my emotions have reduced in many cases, so in my case, yes, people can control their emotions from experience.

[LUCKMCFLY]

Emotion is one key aspect of trading that is very important, Uncontrolled emotios can lead you in taking wrong decision while trading.
The best way one can learn is from experience, those professional and portable traders out there, mostly is as a result of long term trading mistake, failure and experience and their ability to use all this in their own advantage, which has helped them to becoming what they're today.

When you arent that good of handling out your emotions then this is where it would really be affecting out your early plans that had been made which it is really just that right that you should really be that mindful on how you should really be controlling it or else it would really be messing up your entire goal.On the time that you do able to handle out your emotions then you could really be able to simply make things go
according into your plan since you do really have already that discipline and control which you do really need. Its true that failure are the best teacher because you cant really be able to
learn up things if you dont experience errors because this is where usually people do learn and not on the time that you are earning.

One of the things that I have read in some books by very famous operators is that an analysis cannot be induced thanks to certain information, that is, not opening articles or seeing news while the market is being analyzed, because that information can be carried to another context of all the decision that is made, that is, our analysis would be dispersing, That is why it is recommended to read news, read articles after the market has been analyzed, but with the exception of following the rules themselves, that to avoid changing plans, which is just why many traders fail and lose.

[RealMalatesta]

Failure and success remind me of the Chinese yin yang concept. The concept of yin yang is used to explain the interdependence and complementarity of opposing forces in nature and the universe, and to illustrate the importance of balance and harmony in achieving overall well-being. In trading like the op said it helps to create harmony of our emotions and to have a clear head when trading.

Nothing can go as smoothly as expected, that means that each of us must experience ups and downs. Even a businessman will not be as successful as he seems without ever failing or at least losing money financially, that also applies to traders and investors because they both involve money. The successful are those who keep trying after failing, those who get up after falling until they finally find balance.

That is why mistakes or losses are the best teachers in the world; you will learn valuable lessons from them, and now is the time if you can still stand up and recover from those things. That is why we should treat it more as an opportunity than a failure, because we can gain something if we create an opportunity on it rather than being sad and not reflecting on it.

As long as people keep on looking for others to help them out, they will not learn a thing. But if they try to learn to fly themselves, they can figure out what's wrong and they may end up making a much bigger profit from it as well.

Not many people approach it that way, and that's a sad reality of the world we are living in right now, they just think that since we are in a social media world, they can reach out or find someone who could help them get rich, that's why this new tech world made it easier for us to get rich. That's not true, and they are wrong, which usually ends up with them either getting scammed or losing money. I hope that it gets better in the future but that shouldn't really be a big problem for us if we are careful.

[gocryptoz]

Like any professional that depends Most traders are not successful Whether that's, through stupidity,
ack of hard work I take my hat off to them for having to go at something very difficult.

trading is very difficult because you have to trade with size. That includes your pension fund
that urgently needs to get out of a losing position.

Of the successful ones, they're a mixed bag. Some of them have enabled enormous, positive change in the world in completely unrelated fields with the proceeds of their success.

When Rockefeller was asked how much was enough money, his response was
'just a little bit more' i hope you get the point.

[KingsDen]

Generally speaking, emotions are what make us act. If we lived without emotion, we would get bored very quickly. Emotions in trade may not be a good thing, but emotions lead us to, for example, accidentally discover a new plan of action. And we can always set up a trading bot.

Emotion is a big player in the trading of cryptocurrencies.
If emotion is removed in trading, you will understand that we will all behave like bots. Whether we lose we lose to the end, whether we win we win to the end.
But if emotions is not considered in cryptocurrency trading, where them would be the place of risk management.

Emotions works in conjuction with instinct. When an amateur trader has the instinct of winning, he would increase his capital and then increased his leverage to win. He may be so unlucky that in the end he will lose them. Then that will count as an experience for him for future reference.
Almost every newbie makes the mistake of emotion when they start trading but as long as they proceed and get more experience, they would tend to place skills over emotion during trading.

[stomachgrowls]

Generally speaking, emotions are what make us act. If we lived without emotion, we would get bored very quickly. Emotions in trade may not be a good thing, but emotions lead us to, for example, accidentally discover a new plan of action. And we can always set up a trading bot.

Emotion is a big player in the trading of cryptocurrencies.
If emotion is removed in trading, you will understand that we will all behave like bots. Whether we lose we lose to the end, whether we win we win to the end.
But if emotions is not considered in cryptocurrency trading, where them would be the place of risk management.

Emotions works in conjuction with instinct. When an amateur trader has the instinct of winning, he would increase his capital and then increased his leverage to win. He may be so unlucky that in the end he will lose them. Then that will count as an experience for him for future reference.
Almost every newbie makes the mistake of emotion when they start trading but as long as they proceed and get more experience, they would tend to place skills over emotion during trading.

Eliminating emotions or trying out to remove it does really sounds simple but its not really that easy to be done even how long or old you are on dealing with the market.We are just humans which means that tendency of

sudden burst of emotion is really just that normal specially on times that we do see the market isnt really that behaving on what we are expecting.Well, experience is really indeed the key on making yourself
way more better as the time goes on but it cant really be avoided that you would really be that emotional on some key areas. This is why it is really that necessary that you should
be aware on what are the things that you've been doing or simply trying out to be that versatile as much as possible.

[MFahad]

Initiation of crypto is easy but making decisions of taking next step is harder so we should focus on our decision because at harsh condition our decision matters a lot. All the time a person think to make quick income but instead of earning money early he become sad due to failure. If a person is familiar with volatility and has the knowledge about the key features of trading then he can do his best but understanding is important. Also remember that you cannot achieve your purpose in a single try but at start you will face more difficulties and then your path become correct. Whenever the market is going in opposite direction with your hopes so try to understand that in such situations do not make decision through your emotions but think positively with calm mind.

[Mauser]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

I fully agree with you, controlling our emotions is one of the hardest things in trading that even after years of experience remains difficult. How many times has my stomach told me to  sell my positions now, without any real reasoning behind it. Feelings like greed and fear are a big problem that and can lead to losses if we give in to them. That is why we need to actively control our feelings and live with them. I found that gambling is a great way to get used to dealing with losses. When playing poker there are situations where you play correctly, but still lose due to randomness and bad beats. For example when you hold the two best hands AA or KK, you will try to get as many chips as possible in the middle. And even through you have the highest winning chances there is no guarantee we will actually make money. That was the hardest lesson for me  to learn in trading as well. Even though you make the right analysis and decision, when the market is against you there is not much we can do than accept it. Having the mental strength to accept situations that we can't change and don't fall into a black hole is important for any trader.

[Botnake]

Failure and success remind me of the Chinese yin yang concept. The concept of yin yang is used to explain the interdependence and complementarity of opposing forces in nature and the universe, and to illustrate the importance of balance and harmony in achieving overall well-being. In trading like the op said it helps to create harmony of our emotions and to have a clear head when trading.

Nothing can go as smoothly as expected, that means that each of us must experience ups and downs. Even a businessman will not be as successful as he seems without ever failing or at least losing money financially, that also applies to traders and investors because they both involve money. The successful are those who keep trying after failing, those who get up after falling until they finally find balance.

Well, I guess life itself has its certain ups and downs, but the good thing is we learn from them and eventually we get up and move forward. Same with trading and investing, failures are inevitable but if we can deal with them positively, mentally and emotionally, it will lead us into achieving success. As failure is never the end of our lives, it’s just a reminder that we have to work on it to make it right and successful.

[Mahanton]

Failure and success remind me of the Chinese yin yang concept. The concept of yin yang is used to explain the interdependence and complementarity of opposing forces in nature and the universe, and to illustrate the importance of balance and harmony in achieving overall well-being. In trading like the op said it helps to create harmony of our emotions and to have a clear head when trading.

Nothing can go as smoothly as expected, that means that each of us must experience ups and downs. Even a businessman will not be as successful as he seems without ever failing or at least losing money financially, that also applies to traders and investors because they both involve money. The successful are those who keep trying after failing, those who get up after falling until they finally find balance.

Well, I guess life itself has its certain ups and downs, but the good thing is we learn from them and eventually we get up and move forward. Same with trading and investing, failures are inevitable but if we can deal with them positively, mentally and emotionally, it will lead us into achieving success. As failure is never the end of our lives, it’s just a reminder that we have to work on it to make it right and successful.

We do lean from our mistakes and not on those good or positive outcomes because these are the results out of those mistakes that we are trying out to correct which it is really just that indeed right that we do learn
from our mistakes and this is something a career which you would really be needing that continuous learning which is something that inevitable or something that you should need to embrace.
Some people are really that easily get discourage on the time that you would really experiencing losses and completely stop on what you are doing unlike on other people
who doesnt really easily quit despite of those errors and mistakes.

[Unbunplease]

We do lean from our mistakes and not on those good or positive outcomes because these are the results out of those mistakes that we are trying out to correct which it is really just that indeed right that we do learn
from our mistakes and this is something a career which you would really be needing that continuous learning which is something that inevitable or something that you should need to embrace.
Some people are really that easily get discourage on the time that you would really experiencing losses and completely stop on what you are doing unlike on other people
who doesnt really easily quit despite of those errors and mistakes.

The psychological factor in this case plays a significant role. And the main question is whether one learns better from others' mistakes or only from one's own. To learn from the mistakes of others, one must be clearly aware of the reasons and motives that caused them. But is a person willing to understand other people's motives if he cannot understand his own?

[NicNacCoin]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

People lose the most on crypto trading platforms trading on emotion. Second: They lose the most due to greed. Although emotional, when a person trades and makes some profit in the first instance, a lot of greed is awakened in him. That greed makes trading more long-term. As a result, they lost a lot later. So I would say those who trade should never trade with passion and greed. Success in trading can only be achieved if these two things can be excluded.

[bitgolden]

We do lean from our mistakes and not on those good or positive outcomes because these are the results out of those mistakes that we are trying out to correct which it is really just that indeed right that we do learn
from our mistakes and this is something a career which you would really be needing that continuous learning which is something that inevitable or something that you should need to embrace.
Some people are really that easily get discourage on the time that you would really experiencing losses and completely stop on what you are doing unlike on other people
who doesnt really easily quit despite of those errors and mistakes.

Learning from past mistakes is how humanity grows as well, that's the thing that allows us to grow as much as possible. I can tell you two things that history has proven so far, first of all when printing press became widely available, or even started to be used, we started to learn that we can spread information around, and get more information from everywhere, this allowed people to take on previous information and build on top off that, while before that it was harder to pass on information.

This allowed past mistakes to be not repeated and start from a good place. Secondly, when Rome was built, they were better than everyone because they learned from mistakes and collected data of it, whereas most others around them just made guesses and had no records kept.

[ItsCrafty]

Learning from past mistakes is how humanity grows as well, that's the thing that allows us to grow as much as possible. I can tell you two things that history has proven so far

This is the reason i always recommend every new traders to start trading with real money and don't follow any youtuber or telegram channel. As a newbie one can make many mistakes but these mistake will teach many skills and every mistake will increase your confident and next time you will be able to trade free of tention and as OP mentioned The more you trade your emotion will be controlled.

[dollarday]

Learning from past mistakes is how humanity grows as well, that's the thing that allows us to grow as much as possible. I can tell you two things that history has proven so far

This is the reason i always recommend every new traders to start trading with real money and don't follow any youtuber or telegram channel. As a newbie one can make many mistakes but these mistake will teach many skills and every mistake will increase your confident and next time you will be able to trade free of tention and as OP mentioned The more you trade your emotion will be controlled.

Depending on how well a person is doing financially, maybe trading in a demo account until gathering experience may be a better option. I saw many traders get wiped out early on in the pandemic and they stopped trading because they couldn't afford to lose the amounts of money that they lost, and felt "cheated."

People are wired to work ad gain income from their work, losing large amounts of money can break people down very early on and then they never gain the experience necessary to be profitable with their trading.

[Twentyonepaylots]

Learning from past mistakes is how humanity grows as well, that's the thing that allows us to grow as much as possible.
...
This allowed past mistakes to be not repeated and start from a good place.

It is indeed that experiences will shape ourselves in the future . It makes us grow as a person. Whenever we are in different situations, we have different emotions that may be experienced. This is important to recognize and understand since it would help you analyze each situation and assess the emotions you experienced. This will help us to be better next time and do what should have been done at the first place.

This is the reason i always recommend every new traders to start trading with real money and don't follow any youtuber or telegram channel. As a newbie one can make many mistakes but these mistake will teach many skills and every mistake will increase your confident and next time you will be able to trade free of tention and as OP mentioned The more you trade your emotion will be controlled.

Depending on how well a person is doing financially, maybe trading in a demo account until gathering experience may be a better option. I saw many traders get wiped out early on in the pandemic and they stopped trading because they couldn't afford to lose the amounts of money that they lost, and felt "cheated."

People are wired to work ad gain income from their work, losing large amounts of money can break people down very early on and then they never gain the experience necessary to be profitable with their trading.

I think this is a good idea since i  this way you could have your first trading experience with hypothetical money that isn't real. This would help you experience losses without compromising your hard earned money. But keep in mind that investing is risk and in no time you have to make your self be in that situation of risking through investments. I think people would only learn from their experience if they would fully assess and reflect on the actions that they do. If they just experience the emotions from losses without thinking further what really happened would make you gain no real experience from it.

[palle11]

This is the reason i always recommend every new traders to start trading with real money and don't follow any youtuber or telegram channel. As a newbie one can make many mistakes but these mistake will teach many skills and every mistake will increase your confident and next time you will be able to trade free of tention and as OP mentioned The more you trade your emotion will be controlled.

A newbie may decide to start directly to trade live account but it is better to go first through demo except the newbie has so much money to throwaway. People who trade on demo still make alot of mistakes while trading live account so there is no need being in a haste to start trading live directly. It is better to begin the mistakes from demo before graduating into live account trader. There is so much to learn in trading so no need to rush.

[martyns]

Failure is never any man's wish to get,but it is something that we must face either in one way or the other.To some persons,they see failure as failure,but I see failure as part of success,because if there is no failure,there can't be success,and if you don't fail,you won't be happy when you succeed.Failure is accompanied by experience,and experience is very important in the game of trading.It is only people who have experience in the game can tell you about the different strategies to use while trading,or investing.People who are mostly affected when they lose are people who haven't experienced failure before,they take it to heart,because they don't believe failing will give them a better experience about the next trading session.