You lose more when you over trade

[Sanitough]

Overtrading is like abusing your opportunities to trade, so certainly not a good thing to practice. Even professionals still lose on some of their trades if they pursue trading despite of its unfavorable condition. At least, there should be good timing to trade, if not perfect. And patience should always be present in trading, so that a trader will not rush in trading just because of greed. He should analyze first the market well before he decides to trade and assume future profits.

Trading demands skills and strategies in order to succeed. So if you think you have not gained any of these, better not to enter trading.

[tjtonmoy]

Everything must have a proper way of doing them. Limitation should be put on everything because if you go over the limit it becomes harmful. The same thing happens with threading. When you do by the rules it is profitable and the moment you overdo it, it starts to drain all your money.
It is common knowledge amongst the people who know it. Don't make decision when you don't have to. Those newbies are making a loss because they lack the knowledge. They do not have the experience to implement the knowledge for the best outcome. That's why they often fail and blame it on to trading. If they have the proper knowledge they wouldn't do it. So my advice is, learn first and then apply, which will give you the best results.

[the rise]

Trading that is done because we want to get rich quickly will not be good where we only think about profits without thinking about the risks of each trade, even when the market supports it, sometimes we still have to suffer, for me a loss of 1-5% and a profit of 5-10% is enough and You have to prepare mentally and capital

[AakZaki]

Actually it is your personal choice, whether you want to trade at any time and under any conditions. If the conditions are not possible in your opinion then don't do it and it's better to monitor. Only you can determine when is the right time to start trading. The more often you trade, the more often profits and losses will come, but as much as possible the profit percentage should be higher. Discipline in any trading strategy will help trade better.

[Ziskinberg]

Aside the fact that in order to enhanced trading performance, one should trade more to gain trading experiences. But overtrading is already another story. No one can benefit from overtrading, because not all the time that the market is beneficial to trade. There are times that the market is hard to deal with due to its uncertainty, but there are times too that the market is very pleasing to trade.

If you are a good trader, you know how to trade and when to trade, and overtrading is just never a good option.

[Assface16678]

Trading that is done because we want to get rich quickly will not be good where we only think about profits without thinking about the risks of each trade, even when the market supports it, sometimes we still have to suffer, for me a loss of 1-5% and a profit of 5-10% is enough and You have to prepare mentally and capital

Trading will never be a quick rich scheme as the OP said, that's why we can't believe about the other influencers that show casing their luxurious life brought by trading, because they making trading as easy as it looks to attract a lot of investors that could avail their services but in the end its not that easy, even if they will provide signals with not enough experience and analysis a trader will never wins or gain from those signals, maybe if they let the influencer to handle their account and funds so that they can do the trade, but the thing is the share of profit they are asking is too much, so no matter what you cannot become rich quickly in trading, even if experienced traders for almost a lot of years still can't get rich in trading, yes they can gain money from it but becoming rich is very hard.

[abel1337]

Trading that is done because we want to get rich quickly will not be good where we only think about profits without thinking about the risks of each trade, even when the market supports it, sometimes we still have to suffer, for me a loss of 1-5% and a profit of 5-10% is enough and You have to prepare mentally and capital

Trading will never be a quick rich scheme as the OP said, that's why we can't believe about the other influencers that show casing their luxurious life brought by trading, because they making trading as easy as it looks to attract a lot of investors that could avail their services but in the end its not that easy, even if they will provide signals with not enough experience and analysis a trader will never wins or gain from those signals, maybe if they let the influencer to handle their account and funds so that they can do the trade, but the thing is the share of profit they are asking is too much, so no matter what you cannot become rich quickly in trading, even if experienced traders for almost a lot of years still can't get rich in trading, yes they can gain money from it but becoming rich is very hard.

Yep, it is just like a marketing stunt for those influencers to avail their courses and services offered. If trading is easy and can possibly make you rich very easily, why isn't everyone are doing trades?

There are a lot of factors why our trades fail and one of those is the control of our emotions. Traders who lose on trades sometimes didn't get satisfied that's why they over trade. Doing over trades means that you can't control your emotion because you let your self make trades that aren't planned or studied which can result into more losses.

[GreatArkansas]

Actually it is your personal choice, whether you want to trade at any time and under any conditions. If the conditions are not possible in your opinion then don't do it and it's better to monitor. Only you can determine when is the right time to start trading. The more often you trade, the more often profits and losses will come, but as much as possible the profit percentage should be higher. Discipline in any trading strategy will help trade better.

Still, the best is you have your plan, and you are not trading based on your emotion or only when do you want. Trading is not easy especially if you already doing it for a living, you need to focus.
But before that, you need to identify first what kind of trading do you want, how much time you are willing to put in trading, or how much in everyday you will use in trading.

[taufik123]

-snip-
There are a lot of factors why our trades fail and one of those is the control of our emotions. Traders who lose on trades sometimes didn't get satisfied that's why they over trade. Doing over trades means that you can't control your emotion because you let your self make trades that aren't planned or studied which can result into more losses.

Anyone has experienced such a thing as Overtrade, even me when I first started trading too panicked when the price fell and when the price rose from the forecast then the greedy nature to get a higher price appeared.

This kind of thing will affect the control of trading emotions as well as the psychology of trading will be played with.
When there is no strategy and price reference to be reached, there is no point at which you should stop trading.

Big losses start from trades that are not well planned and there is no good money management to control how much is put in and how much is used for reserves, so there will be FOMO when prices rise dramatically and panic when they fall from the purchase price.


https://centerpointsecurities.com/7-tips-to-avoid-overtrading/

[Promocodeudo]

YouTube channels created the idea that you can make a full-time living from trading, and that trading has become a  full time job where you wake up in the morning, make 10 successful trades, and make $5 to $50 in each successful trade. And so you repeat it every day until you become rich, which, if it happens, means that you have an amount of big amounts or it is something that rarely happens and is not even available to everyone, so trading requires patience  in the long term until you see some results achieved.

Yes, I concur to the fact that trading needs patience until you finally starts being successful in it, but what if you don't become successful at the end of the day, I don't think trading is a job as they said, because making profit at all time is not guaranteed or certain, so how will it a sustenance stuff for individual, unless they are just giving instance, trading requires a lot of time to learn, you don't jump into trading because if you do,  you will lose your funds and regret later, I wish I know more about this trading, I would have been happy, is just people tends to talk more good than bad about trending but I don't see it that way because of the little orientation I have gotten so far from a friend, let's trade responsibly because this YouTubers are on marketing so you don't expect them to speak otherwise.

[boty]

Trading that is done because we want to get rich quickly will not be good where we only think about profits without thinking about the risks of each trade, even when the market supports it, sometimes we still have to suffer, for me a loss of 1-5% and a profit of 5-10% is enough and You have to prepare mentally and capital

If we only think about profits in the trading we do, of course we will ignore the risks that could occur in the trading we do, we could even make the wrong decision in the trading we do, so it is very important for us to be careful in trading so that we can still control ourselves not to be greedy and also I agree with what you said if we have made a profit of 5-10% from the trading we have done, it would be better for us to enjoy the profits we have made and we can continue it on another occasion, however This really depends on each individual's personality in analyzing the market, whether we will survive to be able to get more profits than that or take the profits that we have obtained.

[kentrolla]

Aside the fact that in order to enhanced trading performance, one should trade more to gain trading experiences. But overtrading is already another story. No one can benefit from overtrading, because not all the time that the market is beneficial to trade. There are times that the market is hard to deal with due to its uncertainty, but there are times too that the market is very pleasing to trade.

If you are a good trader, you know how to trade and when to trade, and overtrading is just never a good option.

Yes, it's all about the correct timing and a good trader should have very high level of patience and control emotions because trading is not like ATM card wherein you swipe in and get cash and I am aligned with the concept that overtrading creates more loss because you do over trading when there are hype or FOMO and when you have lost a t4ade you do repeated trades to recover the lost amount and that's when you go against the basic rules of trading like charts, technical indicators and that's when emotions takes better control over the strategy which results in loses often.

[Jody.Drummer]

Actually it is your personal choice, whether you want to trade at any time and under any conditions. If the conditions are not possible in your opinion then don't do it and it's better to monitor. Only you can determine when is the right time to start trading. The more often you trade, the more often profits and losses will come, but as much as possible the profit percentage should be higher. Discipline in any trading strategy will help trade better.

Still, the best is you have your plan, and you are not trading based on your emotion or only when do you want. Trading is not easy especially if you already doing it for a living, you need to focus.
But before that, you need to identify first what kind of trading do you want, how much time you are willing to put in trading, or how much in everyday you will use in trading.

Of course, I think planning is already a must-have for all traders, as you said that trading is not easy, therefore with good planning then obviously I think they will not be confused as to when to determine the entry time and exit time. Emotions are always a major problem for every trader, many end up tragically because they don't have a plan and don't have good self-management so when you don't have those two things then obviously you will trade at will, they will be easily fooled by something that looks tempting and they will easily enter without doing some considerations because it is based on emotions especially when they have previously experienced losses.

I think more do not plan trading as your main income especially if you have not really explored or mean not have high flying hours in this field because obviously something bad will never be known when it comes, the name of trading must have profit and loss and I can't imagine when you really need money for needs but on the other hand the market is not in your favor or that means losses are dominating, we must understand that trading requires a high level of calm, and if the situation you are being pressed for money then I am sure you will not be able to focus when trading based on pressure from needs.

[Fredomago]

Trading that is done because we want to get rich quickly will not be good where we only think about profits without thinking about the risks of each trade, even when the market supports it, sometimes we still have to suffer, for me a loss of 1-5% and a profit of 5-10% is enough and You have to prepare mentally and capital

If we only think about profits in the trading we do, of course we will ignore the risks that could occur in the trading we do, we could even make the wrong decision in the trading we do, so it is very important for us to be careful in trading so that we can still control ourselves not to be greedy and also I agree with what you said if we have made a profit of 5-10% from the trading we have done, it would be better for us to enjoy the profits we have made and we can continue it on another occasion, however This really depends on each individual's personality in analyzing the market, whether we will survive to be able to get more profits than that or take the profits that we have obtained.

Setting your target and keep it that way is far better than trying to push for more, most of the time those who over trade losses the opportunity,  as chances that you may overlook the market and instead of gaining  or enjoying the benefits may takeaway from you.  I guess like what you said it's depends from how a person take his position

Personally, I would go with small winnings than become greed and push for more and eventually regret when mistake happen and lose my investment.

[Bushdark]

Trading that is done because we want to get rich quickly will not be good where we only think about profits without thinking about the risks of each trade, even when the market supports it, sometimes we still have to suffer, for me a loss of 1-5% and a profit of 5-10% is enough and You have to prepare mentally and capital

Over trading mostly lewd to big loses if we are not careful of the way we are trading and the strategies we tend to use.
It is quite better for us to trade based on signals from the market rather trading with emotions. Emotion trading is a way for us to lose big from the market. Accumulating trading skills is what will really helps us to benefit from the market. We can achieve and become a good trader when we have learntbt the ways and utilize it to make profits for ourselves.

[Huppercase]

They just can't wait for the market to come to them, they always chase the market and when they finally blown their account, they start saying trading is a scam or it's gambling, no bro, trading Is more about knowing the craft and be disciplined enough to wait till the market comes to you (your strength).
The most funny aspect is that they think that the more they trade, the more money they make. Trading is not like that, you calculate your loss first before your profit

Me I dont trade if the market doesn't come to me, if I don't sees the right setup I don't trade at all, even if it takes a month without trading, it's better for me to wait and be profitable than to lose my capital, stay discipline and be profitable.

The worst any trader can do is to rush and run over the market when it's not juicy to trade. The market is full of plenty of opportunities but it is not a signal to set up trades. If I pledge my life to trading as a means of survival, most of the times in bear market, I will not trade. I will only be looking out for opportunities to accumulate some coins and hold and then look for another funds to trade when the market is bullish again, most of the time it's easy to make money following trend than trading a coin without anything that is driving it upward, I mean look at the profit Solana has printed this month on the weekly candles.

Not trading is even part of trading as you get to check errors and mistake of other people, as people chase after profits in trading, I don't get tempted and if I see the market dropping badly, most I can do is to open a small short position and look what happen and when I get a significant profits, I will close the position without thinking if the market will slide down further or not, my guilt don't fail me and that's why I don't loss much in trading.

[virasog]

Trading that is done because we want to get rich quickly will not be good where we only think about profits without thinking about the risks of each trade, even when the market supports it, sometimes we still have to suffer, for me a loss of 1-5% and a profit of 5-10% is enough and You have to prepare mentally and capital

Trading is not something that can be done always. There are some market conditions that are feasible for the trading and experience trader should know which conditions are best for the trading and what are the times best for trading and identifying those times when staying away from the trade is more than beneficial.

Remember getting profit from trading is secondary thing , saving your capital from the losses should be the primary focus for the traders.

[poodle63]

Aside the fact that in order to enhanced trading performance, one should trade more to gain trading experiences. But overtrading is already another story. No one can benefit from overtrading, because not all the time that the market is beneficial to trade. There are times that the market is hard to deal with due to its uncertainty, but there are times too that the market is very pleasing to trade.

If you are a good trader, you know how to trade and when to trade, and overtrading is just never a good option.

thats right sometime some people that overtrades are those that trying to make up for their losses in previous trade thinking that they somehow might score big this time around because they already incurred lose before.
I dont agree with such trade out of getting tilted honestly, such thign are always the one that cause people to lose big in trades.
i've had my share of trading and when thing are going unexpected i'd just try to be calm and take the best decision there is, cut lose if necessary if the market showing to be grim all time around and just wait it out if the market is still looking good anyway but i would never just trade to make up for my lose because thats one step closer to bankruptcy.
cool headed decision making in trading is the biggest factor that could determine whether we can be trading and be profitable or we just gonna outright lose our money in the future.

[SOKO-DEKE]

Most trader expecially newbies think crypto is a get rich quick scheme, and they feel very excited and motivated to enter the market more believing that it's going to make them rich by over trading, they don't know that quality beats quantity every day.

Absolutely, almost novice traders are always motivated by excitement and the need for quick money, see cryptocurrency as a way to get rich quickly. They overtrade as a result of this misperception because they anticipate rapid wealth. But as with any market, the ultimate secret to success with cryptocurrency is to choose quality over quantity. Rather of being the result of rash trade, deliberate, well-informed judgments yield sustainable gains.It's crucial for newcomers to shift their focus from quick gains to developing a deep understanding of the market, adopting a patient approach, and making quality trades. Long-term success in crypto requires diligence, education, and a disciplined investment strategy that goes beyond the allure of rapid returns.

[Sebas.tian]

Trading is a job that requires you to have great skills in many areas, if you have weak knowledge in some areas, you will lose money. I believe that you can earn money in trading, perhaps not a lot of money, but very good results can be achieved by anyone who has enough patience to learn everything necessary and follow risk management.

It is not necessary to trade on futures, learn to achieve an acceptable result on the spot, and this will already be a small victory to begin with.

Once you acquired the knowledge of cryptocurrency trading, you will discover that there are some things you will see in the market during the bearing season that will make you not to rush to sell your coins than to continue buying and wait for the bullish season to come before you can trade to take income from the market. If you want to earn a huge amount of money from your trading, do everything possible to ensure you hold that coins like three or four years before you can trade to make plenty money. Well, as a newbies you can trade once the price of crypto increase little to take a profit from the market and wait again for the price to decrease before you can buy again for another bullish season to come.