Why people mostly fail in trading

[Barikui1]

Trading is not a get rich quick scheme as most newbie think, it's more difficult that we all can imagine, but their is always a way to navigate your way in trading so  as to come out profitable.
The main reason why most trader fail in trading is that they are not trained in the craft, most experience traders as they call their self don't even know how to identify the least support and resistance, talkless of knowing how to react when they see some certain chart pattern or candle stick pattern.
The skills I  believe that are  required to come out profitable in trading are;

* Knowledge: know the craft, know what you are doing, don't trade on assumption.

* Know how to control your emotions: it's very important that you know how to control your emotions like fear and greed in trading.

* Know how to manage your risk: knowledge and emotional control gives you money, but proper risk management skill protect your money and your gains

most mistakes of traders are;

* Thinking it's a get rich quick scheme or thinking that it's easy.

* Having no proper training in the craft to attain knowledge about it.

* Watching one two or three video's on YouTube by one YouTube influencer and think they are ready for it or thinking they have known the craft.

* Having no experience traders that is good in the craft to guide them.

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[blckhawk]

most mistakes of traders are;
* Having no proper training in the craft to attain knowledge about it.

* Having no experience traders that is good in the craft to guide them.

Not everyone has an access to this so in a way it's not really a mistake on the newbie trader side, some people just started trading and they just gained their own experience through continuous losses and gains and even if they try and find a school that does this exact thing, they're going to get nothing out of that because the market is volatile and they might not even use a lot of the stuff that they've learned in that school when the actual trading happens, mentors are expensive especially if you don't have a connection.

[MIner1448]

Training and continuous improvement of skills are key elements of successful trading. Emotional control, especially in times of market instability, helps avoid decisions based on fear or greed, which can lead to undesirable consequences. Very often, people cannot overcome their emotions on the stock exchange, which leads to the loss of their savings.

[kentrolla]

I agree with these funds but the most important thing is the patience and directly jumping into trading without rehearsal in the demo account.  

What we learn in any training and theory doesn't make us expert as we have to do case studies based on various technical indicators and also the common mistakes people make is they just follow some channels which provides signals and blindly go by it or else they just assume that if a coin has dropped it will rise back which is not the case with altcoins, I have seen people in investing and trading USTC, FTT and LUNA which they were dying as they assumed they would get huge profits if the price goes back to normal.

People should understand it's absolutely fine to not earn profit if the market is not suitable because new traders don't want to end their day without profit and end up diverting from the basics where they end up losing.

[FatFork]

most mistakes of traders are;

While I agree with the mentioned mistakes that often contribute to trader failures, but I think overconfidence is a big one too that not everyone talks about.  What happens is you have some wins early on and suddenly you think you're the next wolf of wall street.  You throw risk management out the window and go all in on crazy trades and  before you know it the house of cards comes crashing down.

From my own experience, staying humble is so key in this game.  You gotta accept that you'll mess up sometimes.  Trading is a skill that takes years to build. It's a marathon, not a sprint. Anybody who thinks they've mastered it overnight is in for a rude awakening.

[traderethereum]

Greed can come to traders when they see the profit but do not immediately close the trade because they hope for an even bigger profit. They will only experience small losses or profits because they delay closing their trades.

That is what many traders often experience. I remember some of my friends during the altcoin market last season. They should have succeeded in making huge profits but because they were greedy by continuing to hold onto their coins, they lost the opportunity to take advantage.
Some friends sell their coins too quickly because they don't think the price can increase.

[Assface16678]

most mistakes of traders are;
* Thinking it's a get rich quick scheme or thinking that it's easy.

Exactly but lets not blame the beginners, or lets understand them because some got hyped by those influencers or advertising about trading flexing their luxurious life because of trading which will really attract many people that is hoping for a good income, who doesn't want to have an extra income right?

* Having no proper training in the craft to attain knowledge about it.

Like you've said they will hope for an earning right away, abandoning the learning and honing the skills and experience, which is a common mistake of almost new beginners in trading.

* Watching one two or three video's on YouTube by one YouTube influencer and think they are ready for it or thinking they have known the craft.

Its not bad to watch videos in YouTube to learn about trading what is bad is being contented in only a few videos without thinking that trading is a continuous learning and honing skills and development because market is unpredictable so everyday the market could change so a trader should always be prepared and ready to adopt.

[Kelward]

* Watching one two or three video's on YouTube by one YouTube influencer and think they are ready for it or thinking they have known the craft.

* Having no experience traders that is good in the craft to guide them.

Newbies must understand that trading is hard and it's not something that someone can rush into because he heard the story of how crypto traders sit opposite a laptop and are making too much money, or one random YouTuber giving them a 48 hours lecture on how to trade cryptocurrency and become financially independent. So one of the best ways to start as a trader, as you pointed out is have an experienced trader to guide you to understanding the fundamentals and the technical analysis of trading, understand important tips too, like some that you mentioned.

As a newbie, after learning the basics of trading, it's best to start the journey with demo trading for sometime, and when they feel that they're ready for the main business, newbies must remember to start trading with the amount that they can afford to loose. This will help them to minimize loses which is bound to occur, because despite your understanding and predictions of the market that gives you profit, you can still encounter loses,

[SquirrelJulietGarden]

Trading is not a get rich quick scheme as most newbie think

Newbies should not consider trading as a quick rich tool because trading is never like this.

It's more difficult that we all can imagine

It is nearly nightmare waiting if anyone starts something by imagination without anything more than sitting down and using brain to imagine about bright future, rosy adventure.

The skills I  believe that are  required to come out profitable in trading are;

You only can share about it after you experienced it, a lot and got both losses and profit.

Newbies Stop teaching when you need to learn.

[naira]

The skills I  believe that are  required to come out profitable in trading are;

* Knowledge: know the craft, know what you are doing, don't trade on assumption.

* Know how to control your emotions: it's very important that you know how to control your emotions like fear and greed in trading.

* Know how to manage your risk: knowledge and emotional control gives you money, but proper risk management skill protect your money and your gains

most mistakes of traders are;

* Thinking it's a get rich quick scheme or thinking that it's easy.

* Having no proper training in the craft to attain knowledge about it.

* Watching one two or three video's on YouTube by one YouTube influencer and think they are ready for it or thinking they have known the craft.

* Having no experience traders that is good in the craft to guide them.

I will not deny all the points you make and it is true that the facts are like that. Especially in the process of gathering information or basic knowledge that beginners often skip and look for instant options by watching 2 to 3 videos and then deciding to jump into crypto trading accompanied by the ambition to get rich quickly. After they guess 5 to 10 successful trades then generalize that crypto trading is easy for them to control. But with every method of guessing there will be times when you are faced with the wrong trade, without having a plan, without limiting losses and the coins/tokens purchased do not provide a reversal. Get sucked in by the influencer game whose only goal is to trap newbies.

[lombok]

Practicing and gaining experience in trading is the most important thing in my opinion. Compared to watching YouTube, where in fact there are many influencers whose explanations and materials are not necessarily credible, it is better to increase your trading literacy and practice using demos. Many exchanges provide demo trading facilities. And do a real backtest once in the market with minimal funds so that experience and strategies are well formed.

[gabbie2010]

Training and continuous improvement of skills are key elements of successful trading. Emotional control, especially in times of market instability, helps avoid decisions based on fear or greed, which can lead to undesirable consequences. Very often, people cannot overcome their emotions on the stock exchange, which leads to the loss of their savings.

Yes learning the necessary skills consistently would led to improvement in how to trade, however this comes with a lot of sacrifices in term of period of time, discipline, persevere, backtesting of trading strategies etc, it's a pity newbies in trading don't want to pass through any learning period and curve all they want is to fund their account and start trading with limited knowledge and some basic idea of trading, many of them are also having a mindset of getting rich quickly through trading as seeing profitable results of some experience traders online, it's took a lot of years of personal sacrifices and efforts before those  profitable traders became successful traders.

[knowngunman]

* Know how to control your emotions: it's very important that you know how to control your emotions like fear and greed in trading.

most mistakes of traders are;

* Thinking it's a get rich quick scheme or thinking that it's easy.

* Having no proper training in the craft to attain knowledge about it.

* Watching one two or three video's on YouTube by one YouTube influencer and think they are ready for it or thinking they have known the craft.

* Having no experience traders that is good in the craft to guide them.

The truth about this trading of a thing is that most traders are feeling bossy after knowing the basics of trading thinking that is all that matters. Most of them think they understand the market but in reality, they don't have a good understanding of it. Training is actually necessary and part of requirement to become a successful trader but it is not enough to tell you how market works. To become successful in trading, one needs to have a deep understanding of technical analysis because that's the most important aspect of trading. With your constant training, if you don't understand the technical aspects of trading, it would be very difficult for you to earn profit in trading.

On the aspect of emotion, as important as it in trading, it's easier said than done because even well known experts still struggle to fight emotion sometimes. Although, it can be learned over time but very difficult to handle. However, the easiest way to learn how to control your emotions is by practice. The more you engage in trading, the more you'll be learning how to control your emotions.

[Dimitri94]

One of the mistakes we see most new traders make is that the trader cannot control his emotions. After an asset makes a big pump, some traders invest in it with the intention of getting more money out of it, which is a big foolishness'. But there's no denying the big pumps the market makes sometimes. But for those who are new or have less investment it will be difficult to take such a big risk. A trader must have a good decision about how much assets he has and how much he will invest.

Traders must remember that trading is not a get-rich scheme. Chances of losing money are high for those who opt for get-rich-quick trading. But if one manages his trading activities patiently after acquiring enough knowledge then he can get good money from trading. Although trading seems very simple to many, there are many technical issues associated with it.

[pusaka]

Trading is not a get rich quick scheme as most newbie think, it's more difficult that we all can imagine, but their is always a way to navigate your way in trading so  as to come out profitable.
The main reason why most trader fail in trading is that they are not trained in the craft, most experience traders as they call their self don't even know how to identify the least support and resistance, talkless of knowing how to react when they see some certain chart pattern or candle stick pattern.

They only see what is produced by professional traders without seeing what the process has gone through. If they see the results obtained by others then it will clearly create thoughts in their brains that trading is easy and can be a way for them to quickly get rich. Not to mention they see influncer influencers who only show profits, I'm sure most of them have never seen how someone lost money because of the trading they did.
Trading is not as easy as it seems, without thorough knowledge, they will lose money in a matter of a few seconds. Indeed, when someone is too eager to make money quickly, they will lose logical thinking.

[snowpega]

<snip>

There are many reasons why people mostly fail in trading.

• Due to a lack of knowledge
• They fell prey to FOMO
• Don't have patience
• They made impulsive decisions
• They don't have good strategies for trading
• they invest in shit projects
• they don't know how to do TA and FA
• They follow wrong signals from Groups

and many more, failing in trading depends on many factors

[Sanitough]

Traders mostly fail in their trades, simply because they are not equipped with trading knowledge and skills, but due to high greed for money, they jump into trading even if they know in theirselves that they’re not ready to manage its risks. However, failure won’t be a complete failure if you never stop from trading, that’s why a lot of traders these days though they’re not actually profitable, but they are working on it to reduce their losses and encourage winning trades. Patience and emotional balance and control are certainly the keys.

[EL MOHA]

The truth about this trading of a thing is that most traders are feeling bossy after knowing the basics of trading thinking that is all that matters. Most of them think they understand the market but in reality, they don't have a good understanding of it. Training is actually necessary and part of requirement to become a successful trader but it is not enough to tell you how market works. To become successful in trading, one needs to have a deep understanding of technical analysis because that's the most important aspect of trading. With your constant training, if you don't understand the technical aspects of trading, it would be very difficult for you to earn profit in trading.

One thing is no trader will actually not feel like a pro after beginning to get some profits after training, this is a natural thing as everyone expected to celebrate wins but the problem is not expertizing or broaden your knowledge by gong for more research and trying to perfect your own strategy. Training is sometimes essential just to under some one strategy so you can combine it with us but it is not yard stick yet to call your self a successful trader, many people do not under go this training but with time and constant practice they later become one, so the difference in all of this is practice. Technical analysis like study of candle stick, time frame to enter a trade or more can be thought but you need to practice and find your own strategy and sadly that’s what many traders who go to training lacks and at the end of the day they start to lose and get emotional.

On the aspect of emotion, as important as it in trading, it's easier said than done because even well known experts still struggle to fight emotion sometimes. Although, it can be learned over time but very difficult to handle. However, the easiest way to learn how to control your emotions is by practice. The more you engage in trading, the more you'll be learning how to control your emotions.

Emotions is one big thing that one cannot control easily most especially if someone is driven by greed or over confidence. This two things are what actually results in many traders losing. The way to cure a emotional in trading is just to learn risk management and this way your emotions limits you to getting into difficulties. Some of these attributes are taking of some profit while a trade is going on, set Stop loss and you do not necessarily have to hit Profit target before closing some trades if you notice something wrong, don’t be overconfident or overwhelmed. All this will reduce loss and be able to control one’s emotions. Because losses and greed are primarily what bring emotions into trading

[Xxmodded]

All your points are trues about mostly trader failed in trading, some of them have wrong mindset get rich quick scheme when investing their money in bitcoin and cryptocurrency. I think wrong mindset have set up when trading in cryptocurrency and start right motivation in trading can't guarantee profit every time. Losses emotion controlling could be fail in trading exactly some trader more faith with their coin trading get potential will raise to higher price more until going down and loss their capital in trading.
You miss with important points about patience when trading exactly face bad news or FUD, I don't sure all trader are calm when facing bad news because many of them panic for selling their cryptocurrency assets investment when price going dump.

[Natsuu]

Trading isn't a quick way to get rich because it's tougher than it seems. Success lies in knowing the craft, controlling emotions  and managing risks you can afford. Mistakes often come from thinking it's easy or relying on a couple of YouTube video so we should always verify our facts and do not always be impuslive in making decisions

[AYOBA]

A common reason why some newbies traders fail is because they don't know enough about the industry and they refuse to consult experts. One thing is that that, whatever you really want to start or do, you'll probably need to learn more about it in order to understand how the kind of thing you do want to start operates. You won't gain anything by continuing to lose if you don't even want to start. If you are well-versed in trading, it can be a means to become wealthy. Trading is a field that merits sufficient information, therefore anyone who truly wants to succeed in it should educate themselves before pursuing their goals. Since not everyone has patient, and trading requires both mental and physical patience. Additionally, trading carries dangers, which is why people recommended that we only deal with money we can afford to lose.

[Rengga Jati]

Trading is not a get rich quick scheme as most newbie think, it's more difficult that we all can imagine, but their is always a way to navigate your way in trading so  as to come out profitable.

This is indeed one of the basic pieces of advice about how someone wants to enter the world of crypto trading that must be truly understood and followed. The mindset of getting more profit when trading is normal and everyone definitely wants that. However, this does not mean that trading is an easy and fast way to get rich. because basically it requires a complicated process and it is not easy to carry out this trading.

Watching one two or three video's on YouTube by one YouTube influencer and think they are ready for it or thinking they have known the craft..

Unfortunately, many beginners in trading ultimately decide to enter the world of trading because they see how influencers achieve success which is shared on YouTube or on their social media. and in the end these newcomers think that trading is quite easy and can make them suffer the same fate as these influencers. Well, things like this are actually quite dangerous for newcomers to trading because most of them don't equip themselves with sufficient knowledge and knowledge about cryptocurrency trading. Meanwhile, this science and knowledge is very helpful when we trade so that we are not careless in determining every position we take and making decisions to enter and exit.

[batang_bitcoin]

There is no psychological reason why many fail in trading. It's that it's hard to be against the market no matter how good you are, that's why "most" do fail because this market is highly volatile and you can't easily go against them because you just don't know what can happen. Even the greatest traders still have their losing days but they've learned and much better nowadays and no doubt can profit. But if you're just someone who randomly trades, you better change your way and be a holder.

[Distinctin]

Majority of the traders lose because they don't have proper knowledge in trading and most likely because of emotional decision making. When you trade with emotions, your focus on your trade won't be 100% as your emotions will distract your concentration on the goal of your trades. When that happens, you are not trading anymore to achieve your trading goals, but you do trading just to satisfy the hunger of your emotions.

Emotions become your best enemy in trading, hence trading with high emotions is always discouraged.

[Johnyz]

Trading isn't a quick way to get rich because it's tougher than it seems. Success lies in knowing the craft, controlling emotions  and managing risks you can afford. Mistakes often come from thinking it's easy or relying on a couple of YouTube video so we should always verify our facts and do not always be impuslive in making decisions

Many misinterpret trading and they thought on making profit instantly without doing any analysis, well I can say that losing is part of your trading journey and you will only realize this once you already experience the losses. If you are a trader, you should start from the bottom and start learning the fundamentals of trading because if you skip this part, you are bound to failed an that is your choice to make.

[mirakal]

Trading is hard and complicated, that makes it hard to succeed for beginner traders as they don't have the experience needed to win a trade. While trading is for everyone, but not everyone is able to manage and overcome its risks. That's why it's not surprising why majority fail but only few have succeeded. Without valid experience in trading, you can never make it last but will only enjoy first wins and then suddenly lose the rest of the trades.

[Dr.Bitcoin_Strange]

One very important problem for some traders, which I would love to talk about, is greed. I have mentioned it before, and based on the experience I've had lately, I still think it's very necessary to learn how to control one's greed.

It's better to have at least a little profit than to be at a total loss. There are some traders who can enter a position, and after they do, the market will go in their direction, and they will see their profit grow until they have made so much profit, but because they wish to gain more profit, they will not close the trade, and if by chance the market becomes volatile, going against their prediction, they will be at a loss. So, I feel it is very wise for a trader to be determined as to what level of profit they are expecting and can actually set the stop loss and take profit.

If they don't decide a price to stop the trade and take profit, there is a chance that they can get greedy and might want to wait a little longer before closing the trade, and in the process of doing so, they can experience loss because of market volatility.

[Riginac111]

Trading is not a get rich quick scheme as most newbie think, it's more difficult that we all can imagine, but their is always a way to navigate your way in trading so  as to come out profitable.
The main reason why most trader fail in trading is that they are not trained in the craft, most experience traders as they call their self don't even know how to identify the least support and resistance, talkless of knowing how to react when they see some certain chart pattern or candle stick pattern.

there is one thing about trading the thing is that if you want to be a successful Trader you must take absolutely precaution of observation during the process of trading so that whatever you thing that you notice as a barrier in trading you will put or take note of them in case of when you come across us or challenge, why some people does not take such instructions or such errors as something by might occur again India next trading, so trading is all about adequate learning and seriousness that is only way that you can make out good thing during the process of trading

most mistakes of traders are;

* Thinking it's a get rich quick scheme or thinking that it's easy.

* Having no proper training in the craft to attain knowledge about it.

The mindset of everyone who is in Trading is to make a profit and for you to make a profit you must to learn and understand the protocols of trading that is why trading need more commitment more attention and if you think that the threading will make you Rich without you knowing the beginning of trading you will end up in losing whatever thing you have gathered to establish trading, so trading can make you Rich when you have the comprehensive understanding of trading and you are a consistent person who trade every time

[2Pizza410000BTC]

Trading is not a get rich quick scheme as most newbie think, it's more difficult that we all can imagine, but their is always a way to navigate your way in trading so  as to come out profitable.
The main reason why most trader fail in trading is that they are not trained in the craft, most experience traders as they call their self don't even know how to identify the least support and resistance, talkless of knowing how to react when they see some certain chart pattern or candle stick pattern.
The skills I  believe that are  required to come out profitable in trading are;

* Knowledge: know the craft, know what you are doing, don't trade on assumption.

* Know how to control your emotions: it's very important that you know how to control your emotions like fear and greed in trading.

* Know how to manage your risk: knowledge and emotional control gives you money, but proper risk management skill protect your money and your gains

most mistakes of traders are;

* Thinking it's a get rich quick scheme or thinking that it's easy.

* Having no proper training in the craft to attain knowledge about it.

* Watching one two or three video's on YouTube by one YouTube influencer and think they are ready for it or thinking they have known the craft.

* Having no experience traders that is good in the craft to guide them.

All the words you have made regarding trading are very useful for a new trader. A novice trader always makes mistakes in the words you refer to. Trading platform and a platform where you trade on emotion means losing. A trading platform is a platform where excessive greed means you will suffer. So every trader should remember that one cannot be overly greedy while trading and one cannot trade with emotion while trading. If a trader can follow these things carefully then he can survive on the trading platform. One thing to remember is that trading platforms are never a get-rich-quick scheme.

[Richbased]

A common reason why some newbies traders fail is because they don't know enough about the industry and they refuse to consult experts. One thing is that that, whatever you really want to start or do, you'll probably need to learn more about it in order to understand how the kind of thing you do want to start operates. You won't gain anything by continuing to lose if you don't even want to start. If you are well-versed in trading, it can be a means to become wealthy. Trading is a field that merits sufficient information, therefore anyone who truly wants to succeed in it should educate themselves before pursuing their goals. Since not everyone has patient, and trading requires both mental and physical patience. Additionally, trading carries dangers, which is why people recommended that we only deal with money we can afford to lose.

In trading, as we trade in other to make profits, we also run into losses because when we incur some losses it also gives us an edge on how to trade next time in other not to run into consequential losses in the future so it really isn't necessary for one to consult an expert because there are times when the market might change it's dimension thereby making it complex for traders to understand the activities of the market so sometimes, it's good to make some thorough researches and monitor the activities of the market perfectly before one can start trading. If the right concepts are being applied in trading even if one loses, it isn't gonna be that much as compared to when one has little or no understanding about the market settings.

[Jegileman]

most mistakes of traders are;

* Thinking it's a get rich quick scheme or thinking that it's easy.

* Having no proper training in the craft to attain knowledge about it.

* Watching one two or three video's on YouTube by one YouTube influencer and think they are ready for it or thinking they have known the craft.

* Having no experience traders that is good in the craft to guide them.

All this are valid points and it doesn’t make one become a better trader if this are the steps that the people want to leverage on to become a good trader. Trading is not easy and it is better for all to stop viewing it as that. The worst type of feeling people get mostly about this is how they think it can make them rich overnight. It is like a craft that needs to be practiced and mastered before you can earn greatly from it. If you’re trying to by-pass and skip the necessary skill you need to have about it, you’re even at a more risk of losing all your money you’ll put into it. Due to the high risk involved in crypto trading, it is advisable not to trade if you don’t have sufficient knowledge about it.

[boyptc]

Emotions become your best enemy in trading, hence trading with high emotions is always discouraged.

And that is why you have to control yourself as well because if you don't, then you are going to learn it the hard way.

If you like losing money, you will definitely see it if you are careless and emotional type of trader.

Those that listens to advise of other about being careful and taking care of their emotions might skip the suffering of huge losses.

But those who don't then you know it already.

[rodskee]

most mistakes of traders are;

* Thinking it's a get rich quick scheme or thinking that it's easy.

* Having no proper training in the craft to attain knowledge about it.

* Watching one two or three video's on YouTube by one YouTube influencer and think they are ready for it or thinking they have known the craft.

* Having no experience traders that is good in the craft to guide them.

This is mostly those who does not know what the are entering ot they are being lured with wrong perceptions ,
they don't even know how this market works and does not have complete Idea of what they can gather or lose entering this market.
maybe people are too lazy in  understanding what lies in the other side but they only care is how much they are gathering when they invested.

[boty]

A common reason why some newbies traders fail is because they don't know enough about the industry and they refuse to consult experts. One thing is that that, whatever you really want to start or do, you'll probably need to learn more about it in order to understand how the kind of thing you do want to start operates. You won't gain anything by continuing to lose if you don't even want to start. If you are well-versed in trading, it can be a means to become wealthy. Trading is a field that merits sufficient information, therefore anyone who truly wants to succeed in it should educate themselves before pursuing their goals. Since not everyone has patient, and trading requires both mental and physical patience. Additionally, trading carries dangers, which is why people recommended that we only deal with money we can afford to lose.

Of course, it is very important to be able to learn first if we are going to trade and it would be better if we consulted with those who already understand well about the trade we are going to do, because if we don't study it and also don't find out from them If we have a good understanding of the trading we are going to do, of course we will make the wrong decisions in trading which will result in losing the money we have.

Yes, when we are going to trade, of course we have to really have a good understanding of the trade we are going to do and we also have to be patient with every process we have to go through to be able to achieve success in the trading we do and also we have to use capital as much as possible. that we can afford so that we don't experience financial problems if we fail from the trade.

[Kelvinid]

A wrong understanding of trading makes traders lose as they think that they can dictate the market and underestimate the volatility. There is pressure in trading which means not all can carry with it and give up. Many had failed and only a few became successful and whatever the reason could be.

 - lack of knowledge
 - wrong market approach
 - ineffective strategies
 - losing control of emotions

A lot of factors to consider and it all lies on the trader itself as they know what really happened to them. I can't call myself a successful one but I know that I can make my trade more profitable in the future --I'm still in the learning stage.

[arwin100]

A wrong understanding of trading makes traders lose as they think that they can dictate the market and underestimate the volatility. There is pressure in trading which means not all can carry with it and give up. Many had failed and only a few became successful and whatever the reason could be.

 - lack of knowledge
 - wrong market approach
 - ineffective strategies
 - losing control of emotions

A lot of factors to consider and it all lies on the trader itself as they know what really happened to them. I can't call myself a successful one but I know that I can make my trade more profitable in the future --I'm still in the learning stage.

This is more clearest answer regarding on why many people fail on trading and they need to enhance or became more knowledge so they can manage all those things that needed to consider since if.

They are lack of knowledge for sure they cannot figure put what's best for them and certain bad things that need to avoid while doing some trades.

If they also do wrong market approach for sure it could lead into something that they would regret since losing their money is most likely to happen so they need to learn more further about doing technical analysis since this could really help them.

Still believing on those strategies even if this is ineffective to them. So they need to explore other more and what's perfect for them so they can grow or improve the way how they trade.

Last losing control of their emotion and this is common enemy of the trader so if they really want to trade they must prepared theirselves regarding on many possibilities so they can  strengthen up their emotions and they can deal on any condition happen in the market.

[Sim_card]

OP, you are right on this topic, what I want to add is that, as a newbie or someone new to the market  should only trade with the money that he can afford to lose, this will help him control his emotions. Not also knowing when to enter the market is also another one. A trader that do not understand the market should avoid trading so that he will not run at big loss. Trading is very risky due to the volatile nature of cryptocurrency, whoever wants to trade should start by practicing in order for him to get the experience,, and don't wait or depend on any trading signal because it is like you are gambling.

[Awaklara]

* Watching one two or three video's on YouTube by one YouTube influencer and think they are ready for it or thinking they have known the craft.

* Having no experience traders that is good in the craft to guide them.

people are sometimes embarrassed to admit they are beginners. and they want to learn independently through videos or learning from other sources.
None of that will be a problem when traders get positive input for the development of their trading skills. Sometimes you also need to watch professional traders in determining trading positions. or even in selecting assets. that is the most basic thing that traders must master.

those who are unable to progress in their trading, ultimately decide to quit trading because it is difficult to learn. Some end up following trading channels so they follow the signals given. whether it works or not is the trader who can judge its effectiveness. I think when traders experience several mistakes and losses they will finally realize their own mistakes.

[kojektea]

self-control will have a big impact on trading, a tempered spirit will not be suitable if you trade regularly, the impact is very big if self-control cannot be conditioned, for example when the coins/tokens we buy suddenly drop suddenly when opening an order, there we think about selling it immediately before the price falls further without understanding what caused the decline, usually it will recover and stabilize in 1-2 days

[deathcode]

OP, you are right on this topic, what I want to add is that, as a newbie or someone new to the market  should only trade with the money that he can afford to lose, this will help him control his emotions.

yes, it should be done. using the money within limits they can afford to lose. so the allocation for trading is of course no need to force ourselves to put all our salary into trading. Even in the beginning, our chances of losing are quite large. So always start with caution. Don't expect too much or easy profits in trading.
and one more thing, never make trading your career. or a job for you to make money. what happens may be the opposite, we will spend money on trading.

people are sometimes embarrassed to admit they are beginners. and they want to learn independently through videos or learning from other sources.
None of that will be a problem when traders get positive input for the development of their trading skills. Sometimes you also need to watch professional traders in determining trading positions. or even in selecting assets. that is the most basic thing that traders must master.

those who are unable to progress in their trading, ultimately decide to quit trading because it is difficult to learn. Some end up following trading channels so they follow the signals given. whether it works or not is the trader who can judge its effectiveness. I think when traders experience several mistakes and losses they will finally realize their own mistakes.

Maybe the experience you describe did happen to me and several other traders. When I first started trading spots, it looked easy. but the hardest part is choosing assets. what happens is that we are interested in the top profit and top loss coins on the exchange. and only rely on feelings to determine assets. it's a hard start to get off the ground if there's no one to direct. Therefore, more people will run to platforms that can provide information and of course, ways and strategies for us to trade.

and for those who are beginners, trying a demo account is quite important. even though the results will not match reality when using a real account. We can try many things related to trading, as well as getting to know the exchange interface.

[Fara Chan]

Trading isn't a quick way to get rich because it's tougher than it seems. Success lies in knowing the craft, controlling emotions  and managing risks you can afford. Mistakes often come from thinking it's easy or relying on a couple of YouTube video so we should always verify our facts and do not always be impuslive in making decisions

You have said very right things about trading, because trading does not always work as before or as it has happened before in the market. So every trader really has to strengthen his knowledge and resistance to risk when market conditions start to go the way he didn't want before, so looking at references from YouTube videos for trading matters also won't guarantee that a trader will immediately get better results. Because the video was deliberately uploaded to attract more attention from many people whose profession is traders.

[EarnOnVictor]

Trading isn't a quick way to get rich because it's tougher than it seems. Success lies in knowing the craft, controlling emotions  and managing risks you can afford. Mistakes often come from thinking it's easy or relying on a couple of YouTube video so we should always verify our facts and do not always be impuslive in making decisions

You have said very right things about trading, because trading does not always work as before or as it has happened before in the market. So every trader really has to strengthen his knowledge and resistance to risk when market conditions start to go the way he didn't want before, so looking at references from YouTube videos for trading matters also won't guarantee that a trader will immediately get better results. Because the video was deliberately uploaded to attract more attention from many people whose profession is traders.

I watch in pity these days trading strategies and results from YouTube and others, they are just capturing the best moment which they can use to cajole people into believing their trading strategy or even use their system. Some could be free, while others could be paid, but in all, they are making sure that their online activities are active, it is the trader that will need to apply wisdom. But it is not all the strategies and approaches towards trading that are bad,  only that they may not not as good as they claim they are, but trading needs more than what they are teaching people, while many of the ways they are even teaching are not supposed to be so. Nonetheless, it is still a plus that they will eventually introduce the trader to something and that is fine, it is now left to the person to practice what they introduced whether or not they will work and to continue learning as trading needs much of learning and I do not think there is a stop to it, ever.

In addition, trading is a survival of the fittest and traders should know that they can't get it all done in a single day. It needs patience and the perseverance of the trader, and this must be worth it if the trader is learning continuously. That is the only way improvements can happen. I also urge all traders who are still searching for a trading strategy to be sure that they have good management and plans, they should not leave themselves to emotion, a good trading psychology will also help the strategy you know to work. It is not all about the strategy alone, the way the trader uses it matters too.

[Adbitco]

People needs mentorship for them to excel in trading what they mostly do nowadays instead of them getting to attached themselves with people who knows what the real deal is with trading they will go search some random youtube influencers who don't go into details with their trading guide, even those who claimed to have been an expert in trading also lose money but they won't come to air how much they have lost rather will be post little tips on youtube to build their youtube followers by the time they noticed they've gain lots of followers they began to make money through their youtube channel and totally forget about trading.

[doomloop]

most mistakes of traders are;

* Thinking it's a get rich quick scheme or thinking that it's easy.

* Having no proper training in the craft to attain knowledge about it.

Self-learning is a thing, and people need to understand this. You can't expect other people to spoon-feed you every single thing, they might give you a general idea about that thing, and the rest is your responsibility. Do research, read material, watch videos, and do every other thing required to gain the knowledge necessary for the craft, so that you get completely ready before you get into it.

* Having no experience traders that is good in the craft to guide them.

As I said above, one shouldn't wait for someone else to train them and then they will make a move, the world of the internet is full of knowledge, it's up to you whether you want to get knowledge or not. It's not difficult to learn something if you have an interest in it, no matter what it is.

[Fredomago]

A wrong understanding of trading makes traders lose as they think that they can dictate the market and underestimate the volatility. There is pressure in trading which means not all can carry with it and give up. Many had failed and only a few became successful and whatever the reason could be.

 - lack of knowledge
 - wrong market approach
 - ineffective strategies
 - losing control of emotions

A lot of factors to consider and it all lies on the trader itself as they know what really happened to them. I can't call myself a successful one but I know that I can make my trade more profitable in the future --I'm still in the learning stage.

Yes indeed,  there are many factors that affects each traders who are trying to be successful in this venue of business,  like those mentioned examples that you provide, each of them have a weight from your decision making,  having that right balance and continously doing progress can help you  to create  good strategy and follow better process to execute your own created system.  Knowing the fundamentals and having a good grasp of what are the possibilities can help you to keep improving your trading capabilities.

It's on your own desire to succeed and how you'll going to try finding the right sets of information to keep moving forward,  those who failed to understand how the market works and what are those factors who affects the movements will continually failed with their trading participation.

[synchronym]

We need to have enough knowledge about trading. If we don't have enough knowledge about trading then we can't move forward. Before trading we must control our emotions by checking the market and then we move forward. Trading Many times we make decisions based on emotions. If we train with emotion then we will face most of the losses so we must always control our emotions. We must face the volatility of our market while trading. We must be patient and control emotions and trade.

[stadus]

I’d always go into lack of knowledge and education. People resort into trading thinking that’s it’s a quick way to earn a living without putting extra efforts and time, and end up losing all their funds. That’s why once you decide to trade or invest, it’s crucial to establish first even basic knowledge, because if you’re knowledgeable you will know how to instill discipline and control on your emotions, and you will know that trading without sufficient budget will always lead to possible losses. While trading requires sufficient amount of capital, but it’s also important to only trade on the amount that you can afford to lose.

[jossiel]

* Watching one two or three video's on YouTube by one YouTube influencer and think they are ready for it or thinking they have known the craft.

That's true.

Having to watch some YouTube influencers that they've shown them their winning trades and thought that if it happened to them, they can manage to win as well those trades.

Little did they know that those trades they've made were conducted in futures and as they thought it is an easy thing. They're wrong on that assumption and instead that they've made profit, they've just gained losses.

[Issa56]

Trading is not a get rich quick scheme as most newbie think,

This is the first mistake most of the newbies entering the crypto space are making. They just think that if they can start trading, then they will be able to make a good profit instantly, maybe they will be able to double their money within a few days, but some people do follow what some signal providers post on their social media's. When you see those signal providers make advertisements, you will think you will never lose money when trading, and within a few days you will be rich. They will make you think trading is so easy, and if you use their signals, you will never lose.

* Having no proper training in the craft to attain knowledge about it.

* Watching one two or three video's on YouTube by one YouTube influencer and think they are ready for it or thinking they have known the craft.

* Having no experience traders that is good in the craft to guide them.

Some traders do fail because they don’t even care to take their time to learn about trading. They think trading is so easy, and you can easily jump into trading and start making money, but let’s be honest, trading is kind of difficult, and you have to be dedicated if you want to learn and make money from trading.
 
Some beginners are deceived by the videos they see on YouTube, they believe trading is just like that, and they don’t know most of the videos posted on YouTube are posted for their own selfish interests. That’s why most of the videos you will see on YouTube talk only about when they are making profits, and you will never see them post when they are losing, only a few of them are doing that. People who post on YouTube are just looking for money.

[Franctoshi]

Indiscipline; actually trading needs a discipline mind to succeed, a lot are gambling in the market in the name of trading, once you don't discipline yourself and follow rules, definitively trading will discipline you, aside this there are couple other things that contributes to why plenty of people lose money in the market, things such as impatient, greediness and approaching the market without a strategy, many traders don't have trading plans of how they will go into the market, that's entry and exiting strategy.

[Xampeuu]

Indiscipline; actually trading needs a discipline mind to succeed, a lot are gambling in the market in the name of trading, once you don't discipline yourself and follow rules, definitively trading will discipline you, aside this there are couple other things that contributes to why plenty of people lose money in the market, things such as impatient, greediness and approaching the market without a strategy, many traders don't have trading plans of how they will go into the market, that's entry and exiting strategy.

Knowledge and experience are two complex things that can determine the success of a trader. the most important thing is knowledge, in theory we have to master it, and the second is practice, where it is not as easy as in theory to put a transaction into practice, because there will be many obstacles faced, and of course from that experience we will develop things that can lead us to become pro traders

[wxa7115]

Indiscipline; actually trading needs a discipline mind to succeed, a lot are gambling in the market in the name of trading, once you don't discipline yourself and follow rules, definitively trading will discipline you, aside this there are couple other things that contributes to why plenty of people lose money in the market, things such as impatient, greediness and approaching the market without a strategy, many traders don't have trading plans of how they will go into the market, that's entry and exiting strategy.

Laziness is one of the key reasons why people keep failing at trading, because when you really stop to think about it, any flaw that a trader may have can be improved upon as long as they are willing to work hard towards that objective.

But if a person is too lazy and too set on their ways to change, it is safe to conclude that they will never improve their trading skills, and sooner or later they will fail to reach their goal to become a profitable trader, as they are unwilling to make any effort to learn.

[KingsDen]

I’d always go into lack of knowledge and education. People resort into trading thinking that’s it’s a quick way to earn a living without putting extra efforts and time, and end up losing all their funds. That’s why once you decide to trade or invest, it’s crucial to establish first even basic knowledge, because if you’re knowledgeable you will know how to instill discipline and control on your emotions, and you will know that trading without sufficient budget will always lead to possible losses. While trading requires sufficient amount of capital, but it’s also important to only trade on the amount that you can afford to lose.

Actually, trading is a passive way to earn without much stress, but it demands concentration and vast knowledge and understanding of both technical and fundamental analysis. It is because many people do not have the patience to learn and understand the process of trading before diving in, that is why losses are inevitable. In the other hand, people might posses the knowledge of trading but in the other hand, they might have the emotional and financial control to succeed in the trading market.

Indiscipline; actually trading needs a discipline mind to succeed, a lot are gambling in the market in the name of trading, once you don't discipline yourself and follow rules, definitively trading will discipline you, aside this there are couple other things that contributes to why plenty of people lose money in the market, things such as impatient, greediness and approaching the market without a strategy, many traders don't have trading plans of how they will go into the market, that's entry and exiting strategy.

I love what you said. There are alot of gambling in the market in the name of trading. Any trader who does not know the chart, the technical and fundamental analysis, and yet the trader is in the market trading, it is nice to say that the person is gambling. It is because of many gamblers that makes the trading market to be more risky than it is.

[R100K-Martin-Lunger]

On the aspect of emotion, as important as it in trading, it's easier said than done because even well known experts still struggle to fight emotion sometimes. Although, it can be learned over time but very difficult to handle. However, the easiest way to learn how to control your emotions is by practice. The more you engage in trading, the more you'll be learning how to control your emotions.

Absolutely, emotions like greed and overconfidence can indeed be significant obstacles in trading. Implementing risk management strategies is key to keeping emotions in check. Taking partial profits, setting stop losses, and being flexible with profit targets are all smart practices. Having a plan and sticking to it within set parameters is crucial. It helps maintain discipline and reduces emotional decision-making. For more on developing and adhering to a solid trading plan, I recommend checking out thsi blog on Crypto Trading Strategies (https://r100k.com/blog/crypto-trading-strategies-2024). This article provides valuable insights into creating a structured approach to trading that can help manage emotions and enhance decision-making.

[Miles2006]

Sometimes it don't necessary have to do with knowledge when people trade and fail, even with the knowledge people still fail, there's no such name as an expert when dealing with trading or market predictions. The resources matters too and without the resources no one can trade, to acquire the knowledge you mentioned you need money to learn about trading. I think we should combine patience, resources, knowledge when talking about trading.
There's nothing bad watching an online video tutorial about trading cause sometimes I watch some random videos too but the mistake people make when watching these videos they feel they've acquire the knowledge and they're good to go, very funny. Those videos and influencers can't give 100% guarantee about trading knowledge.

[tvplus006]

The main mistake of a beginner is that he starts trading without having sufficient knowledge for this. But even without sufficient experience, this knowledge is also useless. Thus, a vicious circle is formed when knowledge and experience are needed for successful trading, but at the same time a beginner always lacks experience.

[TheUltraElite]

The main mistake of a beginner is that he starts trading without having sufficient knowledge for this. But even without sufficient experience, this knowledge is also useless. Thus, a vicious circle is formed when knowledge and experience are needed for successful trading, but at the same time a beginner always lacks experience.

This vicious cycle can be broken or prevented by dummy trading and it one thing that budding traders should attempt before moving to their real game. Trading is not for everyone and identifying this necessary to prevent huge losses in the future. Gaining the knowledge and preparing the proper mindset to be able to gamble without a tick needs practice and calmness that is often inherent or acquired.

Beginners are called so because they lack experience, gaining it is through practice and observation. Dummy trading is a good way to start that and to practice keeping patience.

[Viscore]

People needs mentorship for them to excel in trading what they mostly do nowadays instead of them getting to attached themselves with people who knows what the real deal is with trading they will go search some random youtube influencers who don't go into details with their trading guide, even those who claimed to have been an expert in trading also lose money but they won't come to air how much they have lost rather will be post little tips on youtube to build their youtube followers by the time they noticed they've gain lots of followers they began to make money through their youtube channel and totally forget about trading.

If you are really determined to be a professional trader someday, you would definitely prepare for that, not just physically and emotionally, but more likely financially as it’s a lot expensive if you hire a professional trader that is certainly knowledgeable and skillful on his craft.

While real professional traders demand for high professional fees, you can find it free in social media if you indulge yourself with these self-proclaimed successful traders. Probably that’s the reason why a lot would settle getting some tips from these kind of people, not realizing that even if they save their funds from not getting real professional traders, their bank account will also be compromised if they entrust their money with these too good to be true traders from the social media.

[aylabadia05]

most mistakes of traders are;

* Thinking it's a get rich quick scheme or thinking that it's easy.

* Having no proper training in the craft to attain knowledge about it.

* Watching one two or three video's on YouTube by one YouTube influencer and think they are ready for it or thinking they have known the craft.

* Having no experience traders that is good in the craft to guide them.

These mistakes often occur in people who are still beginners in trade. It could be because they have not been trading for a long time so the mistake of thinking that trading is a surefire way to become rich or a quick scheme of rich.

Do not have more knowledge because it does not attend training can still be done in other ways as long as he is willing to spend hours to read trading material on the internet and watch YouTube videos every day if choosing to follow the right training requires a large fee.

After reading and hearing the explanation through the video, willing to practice it in a small amount and ready to lose. This can be a solution to control trade if done consistently for beginners. If traders who have been trading for a long time, the mind about trade is a quick scheme in my opinion no longer applies. If there is, it is not worthy of being called a professional trader but still as a beginner.

[the rise]

Trading skills are really needed, not just charts, there is a lot to learn, and I really agree that the biggest mistake beginners make is
"by trading we will get rich quickly", this is the initial thought of beginners so they are interested in trading without any knowledge, even professional traders will still suffer losses but they can reverse positions slowly

[Casdinyard]

Trading is not a get rich quick scheme as most newbie think, it's more difficult that we all can imagine, but their is always a way to navigate your way in trading so  as to come out profitable.
The main reason why most trader fail in trading is that they are not trained in the craft, most experience traders as they call their self don't even know how to identify the least support and resistance, talkless of knowing how to react when they see some certain chart pattern or candle stick pattern.
The skills I  believe that are  required to come out profitable in trading are;

* Knowledge: know the craft, know what you are doing, don't trade on assumption.

* Know how to control your emotions: it's very important that you know how to control your emotions like fear and greed in trading.

* Know how to manage your risk: knowledge and emotional control gives you money, but proper risk management skill protect your money and your gains

most mistakes of traders are;

* Thinking it's a get rich quick scheme or thinking that it's easy.

* Having no proper training in the craft to attain knowledge about it.

* Watching one two or three video's on YouTube by one YouTube influencer and think they are ready for it or thinking they have known the craft.

* Having no experience traders that is good in the craft to guide them.

I think one of the most unspoken yet biggest reasons why people quit trading even if they have a high chance of succeeding later down the line is because of the fear of failure. There are a lot of traders here for instance who have taken long breaks and hiatuses all because they got traumatized by a massive loss they took in one of their trading sessions.

It's not about thinking that you're going to get rich quickly, I think anyone who had a basic understanding of trading knows that you have to put in an equal amount of effort and dedication to trading if you want to really profit. It's all about risk management and not expecting massive losses to come their way. I've been like that in the past. I lost almost all of my crypto holdings in one go and I went crazy to the point of not just quitting crypto altogether but quitting life itself. Looking back there are of course ways and opportunities that are looking at me in the face I couldn't see because I was so busy moping and sulking, and yet I don't fault myself for it, and nor do I fault people who quit trading cause they got scared.

It's a normal response, it's not like money grows on trees anyway. However, it's a massive step towards success if you are able to get past this and still trade despite the fear. If this is you, I congratulate.

[Adbitco]

Snip

If you are really determined to be a professional trader someday, you would definitely prepare for that, not just physically and emotionally, but more likely financially as it’s a lot expensive if you hire a professional trader that is certainly knowledgeable and skillful on his craft.

While real professional traders demand for high professional fees, you can find it free in social media if you indulge yourself with these self-proclaimed successful traders. Probably that’s the reason why a lot would settle getting some tips from these kind of people, not realizing that even if they save their funds from not getting real professional traders, their bank account will also be compromised if they entrust their money with these too good to be true traders from the social media.

Nobody goes into trading without having the good knowledge of what it takes to trade and it's not just what you can start a day or develop it in just a week after which then go funds their trading account to start trading even though account is funded at least they need to start with little amount to test their overall performance to know if they can be able to handle such trade.
Sometimes most people encourage beginners to use Demo to start perfecting their skills, but to me it seems that Demo makes us very lazy because the action of real account is not the same as Demo account because it looks more easier to handle Demo than live account.

[Nrcewker]

If you mean failure means losses, then there might be various reasons depending on the people and the coins they trade. Mostly people come to trading in order to make huge amount of money in shorter period of time. For this they take huge risk and if luck and predictions doesn’t favour them, they make the losses. So I would say greed is the main culprit for which people make losses. Traders need to show patience while trading and should rely on short yet steady profits. If these can be improved then they will definitely make good profits while trading.

[Dzwaafu11]

most mistakes of traders are;

* Thinking it's a get rich quick scheme or thinking that it's easy.

* Having no proper training in the craft to attain knowledge about it.

* Watching one two or three video's on YouTube by one YouTube influencer and think they are ready for it or thinking they have known the craft.

* Having no experience traders that is good in the craft to guide them.

Sure. These are the things that influence newbie traders to jump into trading and start losing their money. Most especially when you said you had no knowledge about it and decided to trade, most of the newbie traders who lose in trading think that once they learn trading for a month or so, it’s okay for them to trade. Some of them don’t have specific strategies they use while trading, which is also important. and some are not aware of the risk and lack of control over their emotions. I think these are the key things they should know before venturing into trading.

Fundamental knowledge and skills are also very important. Some newbie traders are not looking at this, and they need to know how the crypto market is operating so that even if they later get the knowledge, they will be able to manage the risk and trade. Also, the technical analysis is very important to know. However, I think these are the things that newbie traders are unable to wait and learn, and that is why they keep on losing their money, thinking that they will gain one day, which is not true. They believe that since they said losing in trading is natural, they will later gain. They should know that if they don't learn, they won't earn.

Watching online videos affects many traders today. They need to understand that online videos are not showing losses. People posting those videos are not showing their losses. Furthermore, most of them are online influencers; they get paid to promote those videos and signals; they only talk about what they told them; they don't know anything about what they are discussing, so I’ll advise anyone who wants to join trading to wait and learn everything possible to avoid too many losses.

[2girls]

Trading is not a get rich quick scheme as most newbie think, it's more difficult that we all can imagine, but their is always a way to navigate your way in trading so  as to come out profitable.
The main reason why most trader fail in trading is that they are not trained in the craft, most experience traders as they call their self don't even know how to identify the least support and resistance, talkless of knowing how to react when they see some certain chart pattern or candle stick pattern.
The skills I  believe that are  required to come out profitable in trading are;

* Knowledge: know the craft, know what you are doing, don't trade on assumption.

* Know how to control your emotions: it's very important that you know how to control your emotions like fear and greed in trading.

* Know how to manage your risk: knowledge and emotional control gives you money, but proper risk management skill protect your money and your gains

most mistakes of traders are;

* Thinking it's a get rich quick scheme or thinking that it's easy.

* Having no proper training in the craft to attain knowledge about it.

* Watching one two or three video's on YouTube by one YouTube influencer and think they are ready for it or thinking they have known the craft.

* Having no experience traders that is good in the craft to guide them.

I agree with you but the biggest mistake that happens is impatience. When coins comes down, they become very penic and they easily sell it in their hands, which is very big and very deceptive, so this thing should be avoided and this training too. They do not take from anyone, that is, even if he is a trainer, he is a cheap person who is harmed.

[ShowOff]

most mistakes of traders are;

* Thinking it's a get rich quick scheme or thinking that it's easy.

* Having no proper training in the craft to attain knowledge about it.

* Watching one two or three video's on YouTube by one YouTube influencer and think they are ready for it or thinking they have known the craft.

* Having no experience traders that is good in the craft to guide them.

These mistakes often occur in people who are still beginners in trade. It could be because they have not been trading for a long time so the mistake of thinking that trading is a surefire way to become rich or a quick scheme of rich.

Do not have more knowledge because it does not attend training can still be done in other ways as long as he is willing to spend hours to read trading material on the internet and watch YouTube videos every day if choosing to follow the right training requires a large fee.

After reading and hearing the explanation through the video, willing to practice it in a small amount and ready to lose. This can be a solution to control trade if done consistently for beginners. If traders who have been trading for a long time, the mind about trade is a quick scheme in my opinion no longer applies. If there is, it is not worthy of being called a professional trader but still as a beginner.

All the points above seem to be common mistakes that most beginners make rather than experienced traders. The wrong mindset on trading will not protect them from losses, meaning they are likely to lose money instead of getting returns. There have been too many traders who have lost to be used as evidence or lessons, of course trading skills greatly influence the success or failure of a trader.

Apart from knowledge, honing skills is also necessary. There is no trader without losses, there is no successful person without ever failing, they have all experienced it. However, what makes them successful and better is that they continue to hone their skills and correct their mistakes. That is the most important thing that turns everything around for the better.

[Natalim]

Well, despite knowing everything about trading, we can't make it perfectly, and losses still going to happen. With the unpredictable situation of the market, many traders find it difficult to put their buy/sell orders which affects their mindset and courage to continue.

With all the tips and reasons that have been mentioned OP, it is quite to say that most traders have found it hard to control their emotions. A common reason for their failure and I can't deny that was also my problem even until now. If we are into trading, this is what we have to master to control in order to succeed.

[Mpamaegbu]

* Knowledge: know the craft, know what you are doing, don't trade on assumption...

* Thinking it's a get rich quick scheme or thinking that it's easy.

For me, those two items are the chiefest (principal reason) why people fail at trading. Lack of trading skills and greed are bad combinations. Those who go to college and study for a few years to obtain a certificate but won't give a few years too to horning their skill sets once it comes to trading, believing it's an all comers affairs will always fail at it. It's the same thing greed does. Some people erroneously believe with trading one can pluck cash in midair, aiming for unrealistic profit margin with little capital. That's a recipe for disaster.

[milewilda]

most mistakes of traders are;

* Thinking it's a get rich quick scheme or thinking that it's easy.

* Having no proper training in the craft to attain knowledge about it.

* Watching one two or three video's on YouTube by one YouTube influencer and think they are ready for it or thinking they have known the craft.

* Having no experience traders that is good in the craft to guide them.

These mistakes often occur in people who are still beginners in trade. It could be because they have not been trading for a long time so the mistake of thinking that trading is a surefire way to become rich or a quick scheme of rich.

Do not have more knowledge because it does not attend training can still be done in other ways as long as he is willing to spend hours to read trading material on the internet and watch YouTube videos every day if choosing to follow the right training requires a large fee.

After reading and hearing the explanation through the video, willing to practice it in a small amount and ready to lose. This can be a solution to control trade if done consistently for beginners. If traders who have been trading for a long time, the mind about trade is a quick scheme in my opinion no longer applies. If there is, it is not worthy of being called a professional trader but still as a beginner.

All the points above seem to be common mistakes that most beginners make rather than experienced traders. The wrong mindset on trading will not protect them from losses, meaning they are likely to lose money instead of getting returns. There have been too many traders who have lost to be used as evidence or lessons, of course trading skills greatly influence the success or failure of a trader.

Apart from knowledge, honing skills is also necessary. There is no trader without losses, there is no successful person without ever failing, they have all experienced it. However, what makes them successful and better is that they continue to hone their skills and correct their mistakes. That is the most important thing that turns everything around for the better.

When it comes to mistakes then it is really the best teacher and this is something inevitable and these are indeed the most common things that we would really be able to encounter on the time that we do start trading.

This is why it would be best that you should really know on what you should gonna do, dont aim for something unrealistic and dont make yourself that being hasty when it comes to decisions.
You would really be finding out yourself on such big trouble if you cant really be able to cope up with those stress and anxiety on dealing up with trading. Put up into your mind
that this isnt a skill that could be learn up overnight.This is why it would really be that best that you should really learn to adapt.

This is why it would be always best that you should really know on how to make yourself having that kind of adjustments on whatever circumstances that you might be able to face on.

[DVlog]

Because of greed in most cases. When someone sees they made a 30% return their greed tells them it will go 100% because another token recently made a similar rally. This is not impossible for a project to achieve but this sentiment should not be based on emotion but on fact and news. Also, there is a saying in the financial market and that is to buy the rumors and sell the news. So if there was a rumor about any major event and you are planning to buy it after the news has been released then you should not because the market already pushes the price because of the rumors and people will sell off after the release of the news. So you will only be their exit liquidity in that time.

[Out of mind]

Most of the newbies accept trading as a get-rich-quick scheme, but it is never actually possible and it is a completely wrong decision. When a person thinks of trading, he only thinks positive thoughts to get rich, but before he thinks of such thoughts, he must also think of negative thoughts. Trading is a risky venture where there is no possibility of losing money. When you go to the market for trading, it is certain that you will suffer losses due to the volatility of the market. Anytime your money can go down due to market volatility, you should not get emotional but hold on patiently. But I think investment is more profitable than training because if you invest for a long time it will get a good result in future, but this is not the case in trading.

[God bless u]

Practicing and gaining experience in trading is the most important thing in my opinion. Compared to watching YouTube, where in fact there are many influencers whose explanations and materials are not necessarily credible, it is better to increase your trading literacy and practice using demos. Many exchanges provide demo trading facilities. And do a real backtest once in the market with minimal funds so that experience and strategies are well formed.

In addition to that, if the person does more trading, he learns what he is, but the most important thing is luck, if the person has more luck then he can get profit.

Because sometimes you see that many who are professional traders that they also lose, the main reason is that some of them have bad luck. They invest, but when the market falls, then they will in loss.

[abel1337]

Most of the newbies accept trading as a get-rich-quick scheme, but it is never actually possible and it is a completely wrong decision. When a person thinks of trading, he only thinks positive thoughts to get rich, but before he thinks of such thoughts, he must also think of negative thoughts. Trading is a risky venture where there is no possibility of losing money. When you go to the market for trading, it is certain that you will suffer losses due to the volatility of the market. Anytime your money can go down due to market volatility, you should not get emotional but hold on patiently. But I think investment is more profitable than training because if you invest for a long time it will get a good result in future, but this is not the case in trading.

That was their mindset until they had tried trading. It's easy to assume that executing a trade is easy, buy low sell high, easy right? But the truth is there are other things that traders are doing before they achieve a successful trades. Research, technical and fundamental analysis are things that traders are commonly doing because it is proven that it can increase the chance of winning a trade. Most newbies doesn't know this as they only think that trading cost not that much effort.

Depending on how you see it, investing might be easier than trading. Though it will cost you time before your investment make a profit.

[Odohu]

most mistakes of traders are;
* Having no proper training in the craft to attain knowledge about it.

* Having no experience traders that is good in the craft to guide them.

Not everyone has an access to this so in a way it's not really a mistake on the newbie trader side, some people just started trading and they just gained their own experience through continuous losses and gains and even if they try and find a school that does this exact thing, they're going to get nothing out of that because the market is volatile and they might not even use a lot of the stuff that they've learned in that school when the actual trading happens, mentors are expensive especially if you don't have a connection.

I agree with you Blackhawk because I see some equivocations in his submission even though the entire post is a great one. The first point is a little not clear, maybe the choice of words made it complicated because I don't under how "no proper training in the craft" differs from "attain knowledge". Furthermore, having knowledge is not just enough to succeed in trading as knowledge is just one aspect of it. There are other important things like emotions, personal dreams, challenges and targets that can all play key role in trade execution. Managing these is as important as acquiring technical and fundamental knowledge.

I used to advise people that trading is a long time investment that requires time and resources just like the formal education that is stratified to enable the individual be fully developed. Where traders start having problem is when they expect to become rich within few months of starting their trading career whereas they spent over half a decade in their conventional education yet still not living the life of their dreams. My parting word to young traders is always learn on the process, grow while doing it and give it time.

[Fredomago]

Because of greed in most cases. When someone sees they made a 30% return their greed tells them it will go 100% because another token recently made a similar rally. This is not impossible for a project to achieve but this sentiment should not be based on emotion but on fact and news. Also, there is a saying in the financial market and that is to buy the rumors and sell the news. So if there was a rumor about any major event and you are planning to buy it after the news has been released then you should not because the market already pushes the price because of the rumors and people will sell off after the release of the news. So you will only be their exit liquidity in that time.

As it was been use most of the time so better to ride along, buying the rumors gives you opportunity though there's always a risk behind but what is important is you fully understand the things that you research, buying while rumors are hyping and selling when the news already hot, timing is important and can bring you opportunity if you manage to make it the right way.

But in most cases, greeds always conquer each traders mindsets, thinking that this venue can quickly gives them decent earnings they will push their way even the chance is slim, they are drunk with lust to keep trying when they manage to earn the first time they place their investment, it's a matter of good understanding and knowledge about the venue of investment that you are involve and how you trust your
own DYOR when taking your shot investing with whatever project you decide to support.

[bettercrypto]

Maybe the main problem with something like that is that a trader lacks enough knowledge. And if a trader has enough knowledge, the problem for others is that they cannot control their emotions properly, which causes them to lose trading activity.

And the last thing, in my opinion, is greed, because there are other traders who, even though they see that they have profit, do not make it to exit to profit instead they continue not to sell because they think it will increase even no longer.

[Zoomic]

Maybe the main problem with something like that is that a trader lacks enough knowledge. And if a trader has enough knowledge, the problem for others is that they cannot control their emotions properly, which causes them to lose trading activity.

And the last thing, in my opinion, is greed, because there are other traders who, even though they see that they have profit, do not make it to exit to profit instead they continue not to sell because they think it will increase even no longer.

You know you can have all the knowledge you think is needed to trade effectively and still suffer losses? Trading is not different from other businesses that have the potential of giving you more profits or even a huge losses. These losses are not always caused by the trader's ignorance, greed or miscalculations. These are partly influenced by the market fluctuations, and lack of proper understanding of the fluctuations in the market is the major cause of setbacks for traders.

Being an expert trader or even a Saint does not mean you cannot suffer losses. I am not also saying knowledge is not useful as far as trading is concerned,  definitely knowledge is needed to help you strategize and prevent losses. Trading is a very high risk investment, therefore constant practice is needed to scale through the market.

[tvplus006]

...Trading is not different from other businesses that have the potential of giving you more profits or even a huge losses. ..

I cannot agree with you, since it is impossible to compare ordinary business with cryptocurrency trading, which is inherently very volatile. In a real business, you can reinsure your losses, but such loss insurance does not exist in the cryptocurrency market. And these are not the only differences...

[Russlenat]

Simply, people fail in trading because they are not good enough. Even if we say they are knowledgeable, but if they also lack in their experience, they will still never work in trading. As much as knowledge should be given high importance, but it’s always skills and strategies, and good experience in the market should be given high emphasis.

Trading is not about who’s smarter or wiser, but it’s all about who’s skillful and experienced. Professional traders may not be smart and wise enough, but their varied experiences in the market make them professional and successful in their own ways.

[FinePoine0]

 Op Achieving trading success requires eliminating the first person, and having the ability to take risks. Usually newbies get greedy for money as soon as they start trading, and end up with huge losses by investing in wrong positions. All those people should find these tips that are really useful in real trading. Take risks and avoid greed, thus having peace of mind is the only way to reap the benefits of training.

[Strongkored]

Trading is not a get rich quick scheme as most newbie think, it's more difficult that we all can imagine

The initial information that someone who has just started trading will greatly influence how he evaluates trading, if he gets information that trading is a way to get rich quickly then that are their mindset when they enter trading and will change when they jump in directly and realizes that trading is not way to get rich quickly but actually the true are the opposite because they are not involved in trading with good skills and knowledge.
Trading is not just about buying cheap and selling high but there are many things that must be anticipated and that can only be done with skill after learning a lot about the market, especially cryptocurrency.

[Nheer]

Trading is not a get rich quick scheme as most newbie think, it's more difficult that we all can imagine, but their is always a way to navigate your way in trading so  as to come out profitable.
The main reason why most trader fail in trading is that they are not trained in the craft, most experience traders as they call their self don't even know how to identify the least support and resistance, talkless of knowing how to react when they see some certain chart pattern or candle stick pattern.

Their misconception is that individuals who are successful achieved it overnight because they have internalised the success stories of others. Though it takes much longer to become proficient, trading isn't difficult per se—it's just highly complex for beginners to grasp quickly. Gaining knowledge of the fundamentals is the only way to successfully navigate the trading world and turn a profit. Even the most knowledgeable and experienced traders will tell you not to trade when you lack sufficient knowledge since, even as experienced and knowledgeable as they are the profit is never guaranteed risk of loss is only minimized.

* Knowledge: know the craft, know what you are doing, don't trade on assumption.

Your points are somewhat valid, but in my opinion i believe that knowledge encompasses everything else you've said. When someone takes the time to learn about trading, they gain discipline in learning how to regulate their emotions and manage risk, two skills that are necessary to master in order to succeed in trading. The most crucial thing a trader needs to do is acquire knowledge in order to fully comprehend it and be able to take calculated risks at all times.

[Baki202]

Because of greed in most cases. When someone sees they made a 30% return their greed tells them it will go 100% because another token recently made a similar rally. This is not impossible for a project to achieve but this sentiment should not be based on emotion but on fact and news. Also, there is a saying in the financial market and that is to buy the rumors and sell the news. So if there was a rumor about any major event and you are planning to buy it after the news has been released then you should not because the market already pushes the price because of the rumors and people will sell off after the release of the news. So you will only be their exit liquidity in that time.

Greed should be controlled by all means especially when trading because if you use 30% and you make a good return, the next time comes lower than that 30% because it might be that when you use 100% you might just lose everything and it will look like a miracle. emotions make you weaker and might even drive you to make some irrelevance decision that might cost your entire assets trading is a mind game and if you do not play well when everything will be at risk. sometimes news and rumors are traps so if you follow things like that then it is trouble it is better to observe every situation well before making any move, do not just make a move out of emotional certainty.  and if anyone should know how these things work then you don't have a problem with trading.

[irhact]

Maybe the main problem with something like that is that a trader lacks enough knowledge. And if a trader has enough knowledge, the problem for others is that they cannot control their emotions properly, which causes them to lose trading activity.

Many individual don't learn trading well before they start to trade, this is why they don't know how to trade very well and keep losing. If you learn trading well, you won't be having problems with trading as you'll know what to do when the market isn't going in your favour. Many traders are losing their trade as they're trading emotionally, they fall in love with the coins that they're trading and it becomes difficult to sell when they're in profits or even in losses, they'll keep holding the coin.

An individual that wants to become successful at trading, need to not have emotions for the coins that he's buying. He need to be willing to follow his trading plans so he doesn't change mind easily. He need to know when to sell and when to buy also he need to know what his trading budget is so he doesn't over trade as many individuals are over trading so they get tired which make them to start losing.

[stomachgrowls]

Because of greed in most cases. When someone sees they made a 30% return their greed tells them it will go 100% because another token recently made a similar rally. This is not impossible for a project to achieve but this sentiment should not be based on emotion but on fact and news. Also, there is a saying in the financial market and that is to buy the rumors and sell the news. So if there was a rumor about any major event and you are planning to buy it after the news has been released then you should not because the market already pushes the price because of the rumors and people will sell off after the release of the news. So you will only be their exit liquidity in that time.

Greed should be controlled by all means especially when trading because if you use 30% and you make a good return, the next time comes lower than that 30% because it might be that when you use 100% you might just lose everything and it will look like a miracle. emotions make you weaker and might even drive you to make some irrelevance decision that might cost your entire assets trading is a mind game and if you do not play well when everything will be at risk. sometimes news and rumors are traps so if you follow things like that then it is trouble it is better to observe every situation well before making any move, do not just make a move out of emotional certainty.  and if anyone should know how these things work then you don't have a problem with trading.

Human beings are naturally greedy and we cant really be able to deny from that, it is really just that there are people who are really that good when it comes to self control and there are ones who are really that good
when it comes to discipline on which they arent really that busting up themselves if ever they would really be that engaging with gambling which we know that expenses or spending is really that on severe manner.
If you are a type of person whose really that impulsive when it comes to emotion then most likely you would really be having this kind of failure.

When it comes to trading then it would really be just that depending on how well you would really be handling yourself on trading because if you wont really be making
out some adjustments then you would really be that definitely be not be able to succeed on this one. This is why it would be just that depending
on how well you would really be that handling into yourself into this market.

[Altryist]

Many individual don't learn trading well before they start to trade, this is why they don't know how to trade very well and keep losing. If you learn trading well, you won't be having problems with trading as you'll know what to do when the market isn't going in your favour. Many traders are losing their trade as they're trading emotionally, they fall in love with the coins that they're trading and it becomes difficult to sell when they're in profits or even in losses, they'll keep holding the coin.

An individual that wants to become successful at trading, need to not have emotions for the coins that he's buying. He need to be willing to follow his trading plans so he doesn't change mind easily. He need to know when to sell and when to buy also he need to know what his trading budget is so he doesn't over trade as many individuals are over trading so they get tired which make them to start losing.

The market does not forgive mistakes, if someone makes money from trading, then someone loses, and how good you are at trading will determine whether you can make money or lose. In order to make money from trading you need to be better than others, and for this you need to study. The main reason why people lose money in trading is that beginners start trading without proper knowledge, perhaps acting at random, or relying on someone else’s advice.

[bettercrypto]

Trading is not a get rich quick scheme as most newbie think, it's more difficult that we all can imagine

The initial information that someone who has just started trading will greatly influence how he evaluates trading, if he gets information that trading is a way to get rich quickly then that are their mindset when they enter trading and will change when they jump in directly and realizes that trading is not way to get rich quickly but actually the true are the opposite because they are not involved in trading with good skills and knowledge.
Trading is not just about buying cheap and selling high but there are many things that must be anticipated and that can only be done with skill after learning a lot about the market, especially cryptocurrency.

Usually, it's people like that who often fail in trading: the communities that easily believe what the YouTubers who make content about crypto trading say, even though what they say is deceiving. Just to get views on their channels, they do it.

So the poor thing is always the followers who are gullible and easy to believe. That's why, when it comes to the actual trade here in cryptocurrency, they come out floating because they think it's just that easy to trade and get profit here, as they heard and watched in the video on YouTube that has not even done any research on this matter.

[carlfebz2]

Trading is not a get rich quick scheme as most newbie think, it's more difficult that we all can imagine

The initial information that someone who has just started trading will greatly influence how he evaluates trading, if he gets information that trading is a way to get rich quickly then that are their mindset when they enter trading and will change when they jump in directly and realizes that trading is not way to get rich quickly but actually the true are the opposite because they are not involved in trading with good skills and knowledge.
Trading is not just about buying cheap and selling high but there are many things that must be anticipated and that can only be done with skill after learning a lot about the market, especially cryptocurrency.

Usually, it's people like that who often fail in trading: the communities that easily believe what the YouTubers who make content about crypto trading say, even though what they say is deceiving. Just to get views on their channels, they do it.

So the poor thing is always the followers who are gullible and easy to believe. That's why, when it comes to the actual trade here in cryptocurrency, they come out floating because they think it's just that easy to trade and get profit here, as they heard and watched in the video on YouTube that has not even done any research on this matter.

One of the things that you should avoid on this space, influencers, so called gurus, so called professionals, experts and whatsoever in the field of trading. Yes, there are ones who are really that good but in general sense on which we are really just all speculators into this market. This is why it would really be that best that you should really be focusing into your own skills and be relying into your own analysis rather than on having fan of following people on which it doesnt really give out assurance for you to make profits. It is really just that there are people who are lazy and this is why they do really end up into this kind of option.

Failures and mistakes are really just that normal since we arent really that perfect.It is really just that there are people who are really that too confident and really having that huge
faith into their own skills and  thisi s why they do really have that kind of assumptions that they could do it easily. On the time that they had step their foot into this space
then this is where things turns out to be shit.

[snuffman8]

its just all about how much gales do you afford

[Z_MBFM]

Many individual don't learn trading well before they start to trade, this is why they don't know how to trade very well and keep losing. If you learn trading well, you won't be having problems with trading as you'll know what to do when the market isn't going in your favour. Many traders are losing their trade as they're trading emotionally, they fall in love with the coins that they're trading and it becomes difficult to sell when they're in profits or even in losses, they'll keep holding the coin.

An individual that wants to become successful at trading, need to not have emotions for the coins that he's buying. He need to be willing to follow his trading plans so he doesn't change mind easily. He need to know when to sell and when to buy also he need to know what his trading budget is so he doesn't over trade as many individuals are over trading so they get tired which make them to start losing.

The market does not forgive mistakes, if someone makes money from trading, then someone loses, and how good you are at trading will determine whether you can make money or lose. In order to make money from trading you need to be better than others, and for this you need to study. The main reason why people lose money in trading is that beginners start trading without proper knowledge, perhaps acting at random, or relying on someone else’s advice.

The market is not for anyone and it does not follow anyone's rules and no one has the power to control it alone so how can anyone get forgive his mistakes. Trading is a kind of business so everyone has to take the responsibility of profit and loss here. no one else will take responsibility for it  This is why it is most important to learn how to do a good market analysis before starting trading. Otherwise it will not always be possible to profit from trading. By luck one may be able to make the right decision a few times resulting in profit from trading but without knowing the analysis profit will not always be possible.

[AnonBitCoiner]

The main reason why people lose money in trading is that beginners start trading without proper knowledge, perhaps acting at random, or relying on someone else’s advice.

The main reason behind their defeat in trading is that they randomly join groups which provides them information and without knowing about the truth of group members they start believing them as a result of which they loss money. Newbies are lossing more money because they have less or no knowledge but pretend that they know all the thing but this confidence become highly risky for them.

Trading does not means that you will pick a coin and after your buying market will pump to give you profit, trading is not always straightforward sometimes you have to change your strategies to cope up with market condition. Always learn well and also learn from your faults which will make you expert one day but don't think that your knowledge is complete as completion of knowledge is not easy and you will learn new things on every step towards success.

[sujonali1819]

A lot of traders end up losing money because they don't handle when to exit a trade properly, even if they made some profits initially.And Personally, I faced this many times in the past.

Another common reason for continuous trading failures is panic. When traders let their emotions take over and make impulsive decisions out of panic, it often leads to continuous losses.

[Zanab247]

Sometimes they feel they know it all, which are part of some of the things that is making some traders to fail and they also lack personal research to know when to trade and when not to trade in the market.

If those traders trade at this bear season, what do you think will happen to their profits, It will be difficult for you to stop all those traders not to fail in their trading because, everybody want to achieve the most biggest profit that will make them to regret because that is not the right time to make such profits from the market.

[goldkingcoiner]

Trading is not a get rich quick scheme as most newbie think, it's more difficult that we all can imagine, but their is always a way to navigate your way in trading so  as to come out profitable.
The main reason why most trader fail in trading is that they are not trained in the craft, most experience traders as they call their self don't even know how to identify the least support and resistance, talkless of knowing how to react when they see some certain chart pattern or candle stick pattern.
The skills I  believe that are  required to come out profitable in trading are;

* Knowledge: know the craft, know what you are doing, don't trade on assumption.

* Know how to control your emotions: it's very important that you know how to control your emotions like fear and greed in trading.

* Know how to manage your risk: knowledge and emotional control gives you money, but proper risk management skill protect your money and your gains

most mistakes of traders are;

* Thinking it's a get rich quick scheme or thinking that it's easy.

* Having no proper training in the craft to attain knowledge about it.

* Watching one two or three video's on YouTube by one YouTube influencer and think they are ready for it or thinking they have known the craft.

* Having no experience traders that is good in the craft to guide them.

Controlling your emotions is something very difficult, sometimes even for veteran traders. Once a trade goes really really bad, the human reaction is to panic and act on that panic in order to secure their coins before they become valueless. And the news only loves spreading FUD, thereby magnifying the fear effect a hundredfold. Of course there is no such thing as a get rich quick scheme, but people seem to be just as agitated not to 'lose slowly'. They think that if they make a split second decision, that will somehow save them from losing even more money. But the truth is that the price goes up again. Sooner or later.

[Fredomago]

A lot of traders end up losing money because they don't handle when to exit a trade properly, even if they made some profits initially.And Personally, I faced this many times in the past.

Another common reason for continuous trading failures is panic. When traders let their emotions take over and make impulsive decisions out of panic, it often leads to continuous losses.

That's the main killer! Emotions create  panic and without knowing how to control it properly,  chances that you will keep on losing trades is is possible,  I think if you want to make your stay successful you need to know how to address and how to work with your emotions,  think ahead  of time and make sure to place yourself in every situation,  there are always situations that you need to handle and struggles that you need to overcome,  failure without learning will be a repeated outcome.

But failing with good grasp  of understanding,  it will create good strategy that will allow you to make your stay profitable and benefitable. More on how you take every call and every positions that you take and how responsible you are when deciding with your trades.

[Maslate]

Sometimes, being knowledgeable is not enough. I see some traders are losing not actually because they don’t know what they’re doing, yes they are knowledgeable but they lack the motivation and the patience to endure their initial losses in trading. The fact that trading has certainly its own inevitable losses, then traders should already be aware on that, but majority of the traders end up being upset every time they lose that some traders decide to quit from trading without even experiencing the fruit of their trading hardworks.

[sulendra12]

* Watching one two or three video's on YouTube by one YouTube influencer and think they are ready for it or thinking they have known the craft.

Sure they have watched million of youtube videos but that just does the purpose of giving you an example to do specific task but once you're jumped into real trading than the situation could be different than the one you have watched it before, so the better knowledge you need is experience by doing more trading even if you do  more trading, you still vulnerable of losses because of so many possibilities that trading offers.

* Having no experience traders that is good in the craft to guide them.

Some people don't really need this, in my case I'm more into self-learner and I can learn it in my own pace with my own strategy, that's different per user so I don't think this one counts.

[GreatArkansas]

* Having no experience traders that is good in the craft to guide them.

Some people don't really need this, in my case I'm more into self-learner and I can learn it in my own pace with my own strategy, that's different per user so I don't think this one counts.

Same thoughts, because most successful traders started from nothing, we all started from scratch. Some people including me did self learning, I didn't pay any mentor or any lessons about trading because most of the materials to learn were already free over the internet.
We must continue to learn because even profit able traders now are still learning for sure.

[Vaculin]

A lot of traders end up losing money because they don't handle when to exit a trade properly, even if they made some profits initially.And Personally, I faced this many times in the past.

Another common reason for continuous trading failures is panic. When traders let their emotions take over and make impulsive decisions out of panic, it often leads to continuous losses.

Traders should have the full control over their emotions. Since we all know that the best enemy in trading is our personal emotions, then we should always see to it that we don’t jump into trading if we are in the state of uncertainty or panicking at some point. Otherwise, you will not make it in trading, but will only waste your money and effort and still end up trading at a loss.

[Lantind]

Sometimes, being knowledgeable is not enough. I see some traders are losing not actually because they don’t know what they’re doing, yes they are knowledgeable but they lack the motivation and the patience to endure their initial losses in trading. The fact that trading has certainly its own inevitable losses, then traders should already be aware on that, but majority of the traders end up being upset every time they lose that some traders decide to quit from trading without even experiencing the fruit of their trading hardworks.

For those who have just started trading, of course they will experience losses from the trades they make and if they cannot be patient in the initial trading process they make, of course they will find it very difficult to get results from the trades they make, because they do not have the desire to learn from failure. the initial trading they did and they stopped with the failure they got.

Of course there will be losses that we will incur and they must be able to correct these losses by taking profits from other trades they make and they must continue to learn even though they have made profits from the trades they make.

[el kaka22]

Most people jump into things that they do not understand, that's why. A friend of mine just lost 5 thousand dollars at margin trading, which makes no sense to me because he wasn't a person who traded margin before that, so why would you want to start something you are so newbie about and put up that much money?

The possibility of making 5k+ was also there, so he got greedy. So, people get greedy and do things that they should not do, which ends up resulting with them not making money and losing it all. There are few simple steps to not fail, one is do not do anything you are not well versed in, make sure that you know what you are doing, and secondly it would make sense if you do not risk more than you should know your limits as well.

[Awaklara]

Sometimes, being knowledgeable is not enough. I see some traders are losing not actually because they don’t know what they’re doing, yes they are knowledgeable but they lack the motivation and the patience to endure their initial losses in trading. The fact that trading has certainly its own inevitable losses, then traders should already be aware on that, but majority of the traders end up being upset every time they lose that some traders decide to quit from trading without even experiencing the fruit of their trading hardworks.

For those who have just started trading, of course they will experience losses from the trades they make and if they cannot be patient in the initial trading process they make, of course they will find it very difficult to get results from the trades they make, because they do not have the desire to learn from failure. the initial trading they did and they stopped with the failure they got.

Of course there will be losses that we will incur and they must be able to correct these losses by taking profits from other trades they make and they must continue to learn even though they have made profits from the trades they make.

those who continue to experience consecutive losses in their trading. it could be that they don't take lessons from previous losses. or indeed they don't have a good understanding of trading.
Those who continually fail at trading are not just beginners. those who have been trading for a long time also sometimes make such mistakes. Honestly, that doesn't stop beginners from wanting to continue trading. but the situation will increase the losses that will be received.

[RewFrew]

Most people want to rich quickly but it is wrong thinking. It is big causes for fail in trading. They want huge profit within short time as a result they fail in trading and lost his valuable fund. I marked some reasons for fail in trading.
Like-  
* Lack of proper knowledge about trading.
* Greediness.
* Ambition to get rich easily.
* Lack of proper training.
* Small knowledge about token/coin/pair.
* Avoid market news.
* Restlessness in trading.

For all these reasons people could not get good profit/return from trading and fail in trading. If anyone learn from these reasons he will get good result from trading i think.

[Fredomago]

Most people jump into things that they do not understand, that's why. A friend of mine just lost 5 thousand dollars at margin trading, which makes no sense to me because he wasn't a person who traded margin before that, so why would you want to start something you are so newbie about and put up that much money?

That's a huge amount of money and without that proper understanding regarding to the setup that you are dealing with, there's a big risk behind losing everything with the wrong system that you'll going to use. In terms of taking that big risk using huge amount of money, either
being greed or taking that mentality that by luck he will quickly earn and double or more the capital that he used.

The possibility of making 5k+ was also there, so he got greedy. So, people get greedy and do things that they should not do, which ends up resulting with them not making money and losing it all. There are few simple steps to not fail, one is do not do anything you are not well versed in, make sure that you know what you are doing, and secondly it would make sense if you do not risk more than you should know your limits as well.

With better understanding, yes, the possibilty can is surely present, knowing what you are playing or what asset you are supporting and how both support and resistance will play and work for your position, your trade may execute according to your plan., But again, if you don't have that knowledge you'll just frustrate yourself and failed with your investment.

[|MINER|]

Most people fail in trading due to lack of trading knowledge.  Many people think of it as a get-rich-quick method, but trading is not like that.  This is not a money making scheme.  Trading multiple times hoping for more profit is also a cause of loss.  Trading has to be done with patience. It takes a lot of time to learn.  If you want to do trading, you need to learn market analysis.  You have to trade skillfully in your own experience.

[Twentyonepaylots]

Most people jump into things that they do not understand, that's why.

Then for him it is not trading. When you don't know what you are doing and still go at it, it is called gamble out of your luck.

A friend of mine just lost 5 thousand dollars at margin trading, which makes no sense to me because he wasn't a person who traded margin before that, so why would you want to start something you are so newbie about and put up that much money?

But I think he researched firsthand before going in, it is absurd to just put your money especially that amount of money without you knowing anything. I wanna know if how long did it take to lost that kind of amount 

The possibility of making 5k+ was also there, so he got greedy. So, people get greedy and do things that they should not do, which ends up resulting with them not making money and losing it all. There are few simple steps to not fail, one is do not do anything you are not well versed in, make sure that you know what you are doing, and secondly it would make sense if you do not risk more than you should know your limits as well.

Ohh, so he's actually a 'superman' type of guy who want to knockout everyone and get the 5 grand as soon as possible. As a friend, you should guide him and ask to read and learn more before diving into the market.

[Hamphser]

Most people fail in trading due to lack of trading knowledge.  Many people think of it as a get-rich-quick method, but trading is not like that.  This is not a money making scheme.  Trading multiple times hoping for more profit is also a cause of loss.  Trading has to be done with patience. It takes a lot of time to learn.  If you want to do trading, you need to learn market analysis.  You have to trade skillfully in your own experience.

No one starts on being pro and no one starts on being knowledgeable on which it would really be just that normal that people would really be that prone to lots of mistakes specially on dealing up first time with something that they havent been able to encounter before. This is why it would really be that best that it would really be better that you should really be trying out to pursue on learning things if you are really that serious on learning things up because once you cant be able to do such thing then you would really be ending up on having that disaster. Failing isnt something that we can tell that it would really be over.
Failing is really just that normal yet these are indeed stepping stones for you to learn up something new and its up to you whether you would really be that continuing after some failure or would really be
totally quitting on which this is something that would really be that depending on you.

[cute nmp]

Most people fail in trading business cause alot started out without proper knowledge or mentorship .Most Newbie think it is a get rich soon business not realizing that it is not that simple .It takes a lot of effort for one to become a very professional trader ,Have come across a lot of people who have quit the trading game cause they can afford the losses most are only interested in the profits not the other way round.

[aylabadia05]

<snip>

All the points above seem to be common mistakes that most beginners make rather than experienced traders. The wrong mindset on trading will not protect them from losses, meaning they are likely to lose money instead of getting returns. There have been too many traders who have lost to be used as evidence or lessons, of course trading skills greatly influence the success or failure of a trader.

Apart from knowledge, honing skills is also necessary. There is no trader without losses, there is no successful person without ever failing, they have all experienced it. However, what makes them successful and better is that they continue to hone their skills and correct their mistakes. That is the most important thing that turns everything around for the better.

Just want to say additionally that the common mistakes that occur in most beginners in the field of trading can be changed to be more focused if the desire to learn to become more competent is carried out.
For beginners in the field of trading, it is very important for them to make trades that are easy for them, don't force them to make trades that are beyond their abilities.
From the existing types of trading, choose the one that is easiest to do. If leverage trading is difficult, don't go there but look and take the easy one.

[Hypnosis00]

It was not a surprise to see someone fail in trading or any job when you don't have any idea what is all about. Or even just say that we've done research and experience in Demo account, yet it was not the assurance for a successful trading carrier because it was not just all about knowledge, it also needs extraordinary skills and analytic capabilities which are hardly acquired.

In fact, even doing copy trading still a trader to fails due to personal differences in making decisions. It was for sure because that person is unlucky, it is possibly because of their emotions. I could say that trading is not an easy game, it is risky and difficult especially if we are a beginner and so we don't have to urge ourselves if we are not ready to face the consequences.

[Finestream]

Most people jump into things that they do not understand, that's why. A friend of mine just lost 5 thousand dollars at margin trading, which makes no sense to me because he wasn't a person who traded margin before that, so why would you want to start something you are so newbie about and put up that much money?

The possibility of making 5k+ was also there, so he got greedy. So, people get greedy and do things that they should not do, which ends up resulting with them not making money and losing it all. There are few simple steps to not fail, one is do not do anything you are not well versed in, make sure that you know what you are doing, and secondly it would make sense if you do not risk more than you should know your limits as well.

A lot of traders these days are actually not profitable because some of them just follow the hype and believed that trading can make them rich instantly. While it can be true for those who are professional and highly skillful traders, but for those who trade without educating theirselves first, they will definitely end up losing not just their capital but the time and effort as well they put in trading. But eventually, when they start experiencing series of losses, that’s the time they’ll realize that trading is never easy but needs proper guidance and education for them not to lose in trading.

[rojan]

Most of the newbies accept trading as a get-rich-quick scheme, but it is never actually possible and it is a completely wrong decision. When a person thinks of trading, he only thinks positive thoughts to get rich, but before he thinks of such thoughts, he must also think of negative thoughts. Trading is a risky venture where there is no possibility of losing money. When you go to the market for trading, it is certain that you will suffer losses due to the volatility of the market. Anytime your money can go down due to market volatility, you should not get emotional but hold on patiently. But I think investment is more profitable than training because if you invest for a long time it will get a good result in future, but this is not the case in trading.

It is very difficult to make a profit by trading but if you want to trade then you must know about the trade. You cannot start trading thinking that you will always gain from trading because trading will sometimes result in profit and sometimes you will have to face loss.  If they trade without controlling themselves while trading, then they will never be able to make a profit. After seeing the market condition, they have to invest, but no matter which coins they invest in, they have to wait for a long time after investing.

[nara1892]

Sometimes, being knowledgeable is not enough. I see some traders are losing not actually because they don’t know what they’re doing, yes they are knowledgeable but they lack the motivation and the patience to endure their initial losses in trading. The fact that trading has certainly its own inevitable losses, then traders should already be aware on that, but majority of the traders end up being upset every time they lose that some traders decide to quit from trading without even experiencing the fruit of their trading hardworks.

For those who have just started trading, of course they will experience losses from the trades they make and if they cannot be patient in the initial trading process they make, of course they will find it very difficult to get results from the trades they make, because they do not have the desire to learn from failure. the initial trading they did and they stopped with the failure they got.

Of course there will be losses that we will incur and they must be able to correct these losses by taking profits from other trades they make and they must continue to learn even though they have made profits from the trades they make.

those who continue to experience consecutive losses in their trading. it could be that they don't take lessons from previous losses. or indeed they don't have a good understanding of trading.
Those who continually fail at trading are not just beginners. those who have been trading for a long time also sometimes make such mistakes. Honestly, that doesn't stop beginners from wanting to continue trading. but the situation will increase the losses that will be received.

It seems that I would be more inclined to conclude that they could not or did not want to learn some of the mistakes they had made before that ultimately made them experience losses, of course in the world of trading we need to really be able to create changes in every journey, meaning that we must be able to take lessons or lessons from previous losses, if we have been able to identify the mistake then obviously it is likely that in the next step we will not be trapped or make the same mistakes that can make us end up with the same loss as before, but on the other hand not having the right understanding can also still be one of the causes and usually this situation is more often experienced by beginners who are really new to getting involved.

On the other hand, traders who have been involved in trading for a long time but are still dominated by losses, I think there are two possibilities that are the problem, namely as I mentioned above that they do not want to learn from mistakes and secondly maybe trading is not a suitable field for them, the point is that in the world of trading development is really needed for a change for the better.

[Dr.Osh]

Most people fail in trading due to lack of trading knowledge.  Many people think of it as a get-rich-quick method, but trading is not like that.  This is not a money making scheme.  Trading multiple times hoping for more profit is also a cause of loss.  Trading has to be done with patience. It takes a lot of time to learn.  If you want to do trading, you need to learn market analysis.  You have to trade skillfully in your own experience.

that seems to be the case for a lot of people. I also have several acquaintances who feel that trading is a quick way to get rich. Actually, this is not wrong, but they think that it can make a little money into a lot in 1 night. That happens because they see that trading is easy. Another factor is that they are too hasty in trading, greedy, and many other factors.

[snowpega]

As far as I know, why people fail in trading which varies on many factors:

• Insufficient knowledge
• Over trading behavior
• greed
• they do not have the patience
• impulsive decisions
• they don't Set Clear Objectives

and many more i would say if the person is a newbie and wants to start trading he/she should find some guidance from experienced people who have given a fair time in trading have have good knowledge about it.

[Hamphser]

As far as I know, why people fail in trading which varies on many factors:

• Insufficient knowledge
• Over trading behavior
• greed
• they do not have the patience
• impulsive decisions
• they don't Set Clear Objectives

and many more i would say if the person is a newbie and wants to start trading he/she should find some guidance from experienced people who have given a fair time in trading have have good knowledge about it.

• they don't Set Clear Objectives

Aside from being impulsive or simply in speaking about having those emotional aspect then we do know that people dont really be able to set up those objectives or targets
and this is why they cant really be able to get a hold of themselves when it comes on sustaining a particular trade or trying out to build their career into this market.
Failures and mistakes is common but one thing which is important is that people should really be that knowing on how to make adjustments and would act
accordingly because if you dont then you would really be putting up yourself on such potential problem.

This is why you would really be needing to adjust and you would really be needing to be versatile on this space if you do want to sustain.

[Bushdark]

Most people fail in trading due to lack of trading knowledge.  Many people think of it as a get-rich-quick method, but trading is not like that.  This is not a money making scheme.  Trading multiple times hoping for more profit is also a cause of loss.  Trading has to be done with patience. It takes a lot of time to learn.  If you want to do trading, you need to learn market analysis.  You have to trade skillfully in your own experience.

One of the things that could bring our end so quick is when we are too confident of the strategy we are using to make money from the market. We need to be flexible and able to do things in the way that will help us because a profitable trader.
Cryptocurrency is always available and it's not something we need to rush and start because that could finally become a disaster to us when we are not very careful of how to do things.

[Y3shot]

Most people fail in trading due to lack of trading knowledge.  Many people think of it as a get-rich-quick method, but trading is not like that.  This is not a money making scheme.  Trading multiple times hoping for more profit is also a cause of loss.  Trading has to be done with patience. It takes a lot of time to learn.  If you want to do trading, you need to learn market analysis.  You have to trade skillfully in your own experience.

Yes you are correct. People  fail in trading because they think trading is all about having money to trade and with this profit can be made. Many people disregard knowledge when it comes to trading because they really want to be rich in trading . Trading is all about understanding if people tries their best to get knowledge of trading it will be easy to gain success in trading.  People should think of learning the gain knowledge to overcome failure in trading.

[Fredomago]

Most people fail in trading due to lack of trading knowledge.  Many people think of it as a get-rich-quick method, but trading is not like that.  This is not a money making scheme.  Trading multiple times hoping for more profit is also a cause of loss.  Trading has to be done with patience. It takes a lot of time to learn.  If you want to do trading, you need to learn market analysis.  You have to trade skillfully in your own experience.

Yes you are correct. People  fail in trading because they think trading is all about having money to trade and with this profit can be made. Many people disregard knowledge when it comes to trading because they really want to be rich in trading . Trading is all about understanding if people tries their best to get knowledge of trading it will be easy to gain success in trading.  People should think of learning the gain knowledge to overcome failure in trading.

Not a place to shortcut, there's nothing like that you always need to understand and to enrich your knowledge in everything that you wanted to excel, trading is not a place where you can take quick profits, it's  a venue of opportunities and if you are keen to learn you will use all the venue to understand the concepts.

Practice and always be aware of certain factors that will affects the market movement, if you know those things, you can prevent having big losses and might give you that insight to predict what might be the next market movements.

[TheUltraElite]

People  fail in trading because they think trading is all about having money to trade and with this profit can be made. Many people disregard knowledge when it comes to trading because they really want to be rich in trading .

Trading is indeed about money, but how we can make money from that is the bigger question. Being narrowed down to only profit making would lead to a trader who does not know when to buy or sell. Patience is important too, without which there will never be a trader. Knowledge is important too, but beyond one stage it is less important - since majority of the spot trading is just buy low and sell high - as long as that timing is proper, you are good.

Failing in trading has many reasons and these are few of the common ones. Be patient, do dummy trading, dont trade altcoins.

[2Pizza410000BTC]

<snip>

There are many reasons why people mostly fail in trading.

• Due to a lack of knowledge
• They fell prey to FOMO
• Don't have patience
• They made impulsive decisions
• They don't have good strategies for trading
• they invest in shit projects
• they don't know how to do TA and FA
• They follow wrong signals from Groups

and many more, failing in trading depends on many factors

All the tips your mentioned here fail in the trading platform as they are not in a trader. If a trader can follow each and every strategy you have mentioned then surely he can get success from the trading platform. Never trade with emotion on a trading platform Whenever a person trades emotionally on a training platform he will fail on the trading platform. Don't be too greedy in trading platform Whenever a trader is too greedy in trading platform he will fail in trading platform. So every trader should trade by adopting proper trading strategy.

[God bless u]

<snip>

There are many reasons why people mostly fail in trading.

• Due to a lack of knowledge
• They fell prey to FOMO
• Don't have patience
• They made impulsive decisions
• They don't have good strategies for trading
• they invest in shit projects
• they don't know how to do TA and FA
• They follow wrong signals from Groups

and many more, failing in trading depends on many factors

All the tips your mentioned here fail in the trading platform as they are not in a trader. If a trader can follow each and every strategy you have mentioned then surely he can get success from the trading platform. Never trade with emotion on a trading platform Whenever a person trades emotionally on a training platform he will fail on the trading platform. Don't be too greedy in trading platform Whenever a trader is too greedy in trading platform he will fail in trading platform. So every trader should trade by adopting proper trading strategy.

It is better for a person to trade with a lot of patience. Patience is the one who completely ignores him for a while and then sell it in profit. Also, he should have a great teacher for him so that he can learn from it. Teach and learn as well as trade on it and invest a small amount in the beginning Then slowly increase of your amount and then keep the profit from it on the side.

Don't have so much that you are busy in trading all the time. Trading is for long term and not at all for short term. Because I have had my experience in it.

[EarnOnVictor]

<snip>

There are many reasons why people mostly fail in trading.

• Due to a lack of knowledge
• They fell prey to FOMO
• Don't have patience
• They made impulsive decisions
• They don't have good strategies for trading
• they invest in shit projects
• they don't know how to do TA and FA
• They follow wrong signals from Groups

and many more, failing in trading depends on many factors

All the tips your mentioned here fail in the trading platform as they are not in a trader. If a trader can follow each and every strategy you have mentioned then surely he can get success from the trading platform. Never trade with emotion on a trading platform Whenever a person trades emotionally on a training platform he will fail on the trading platform. Don't be too greedy in trading platform Whenever a trader is too greedy in trading platform he will fail in trading platform. So every trader should trade by adopting proper trading strategy.

In my trading experience, people mostly fail due to a lack of preparation and bad trading psychology. Now, let me break it down a bit, the lack of preparation could be the inability of the trader to be able to secure a viable trading strategy and management that will help such to in turn build a good trading system. In the absence of this, there is nothing you are doing in trading that can ever be successful because you never had that good direction finder (signal) and the account protector (management) which are the main things important in the market for any traders trying to find their firm feet in the market.

The second part is psychology, if this is wrong, no matter how good your trading system and plans are, they will always fail you in this situation. I am a living witness to this and it affected me for many years despite having a time-tested trading system yet, I failed in trading for too long simply because of bad trading psychology. However, this trading psychology is in categories, one might be your case while another might be the case of others. Just like you might not be greedy, but you are just too anxious, and this anxiety is an issue in trading. To some, it is fear of the unknown, to others, it is curiosity and the love of their money. If the money is too precious to you or it is such that you can't afford to lose, it is a serious issue. This is why I urge every trader to be self-disciplined when trading, you should do what you plan to do and shun any temptation whatsoever.

[Fredomago]

<snip>

There are many reasons why people mostly fail in trading.

• Due to a lack of knowledge
• They fell prey to FOMO
• Don't have patience
• They made impulsive decisions
• They don't have good strategies for trading
• they invest in shit projects
• they don't know how to do TA and FA
• They follow wrong signals from Groups

and many more, failing in trading depends on many factors

All the tips your mentioned here fail in the trading platform as they are not in a trader. If a trader can follow each and every strategy you have mentioned then surely he can get success from the trading platform. Never trade with emotion on a trading platform Whenever a person trades emotionally on a training platform he will fail on the trading platform. Don't be too greedy in trading platform Whenever a trader is too greedy in trading platform he will fail in trading platform. So every trader should trade by adopting proper trading strategy.

It is better for a person to trade with a lot of patience. Patience is the one who completely ignores him for a while and then sell it in profit. Also, he should have a great teacher for him so that he can learn from it. Teach and learn as well as trade on it and invest a small amount in the beginning Then slowly increase of your amount and then keep the profit from it on the side.

Don't have so much that you are busy in trading all the time. Trading is for long term and not at all for short term. Because I have had my experience in it.

Patience is a key factor as together with your knowledge you can extend your wait if its needed, though aside from patience you also need to have the kind of knowledge that will help you to assess the situation, there are always ups and downs during your trade and with the right sets of information you can maximize the use of your patience and manage to use it for your advantages.

Keep in mind that with the right understanding you'll be able to manifest the right strategy to keep your trade profitable, just keep learning and keep your desire to understand more with the venue that you choose to succeed.

[Inwestour]

All the tips your mentioned here fail in the trading platform as they are not in a trader. If a trader can follow each and every strategy you have mentioned then surely he can get success from the trading platform. Never trade with emotion on a trading platform Whenever a person trades emotionally on a training platform he will fail on the trading platform. Don't be too greedy in trading platform Whenever a trader is too greedy in trading platform he will fail in trading platform. So every trader should trade by adopting proper trading strategy.

Trading is too complex an activity, because there is no one clear algorithm that would act the same way for everything. Therefore, every trader tries to create their own strategy that will work for them.

Don’t be greedy, it sounds too abstract, and will also depend on the trader’s strategy. And traders lose more than they earn for the reason that they do not follow basic rules, do not share the risks in trading, and even perhaps simply choose not the most reliable coins for trading.

[LastKiss]

All the tips your mentioned here fail in the trading platform as they are not in a trader. If a trader can follow each and every strategy you have mentioned then surely he can get success from the trading platform. Never trade with emotion on a trading platform Whenever a person trades emotionally on a training platform he will fail on the trading platform. Don't be too greedy in trading platform Whenever a trader is too greedy in trading platform he will fail in trading platform. So every trader should trade by adopting proper trading strategy.

Trading is too complex an activity, because there is no one clear algorithm that would act the same way for everything. Therefore, every trader tries to create their own strategy that will work for them.

Don’t be greedy, it sounds too abstract, and will also depend on the trader’s strategy. And traders lose more than they earn for the reason that they do not follow basic rules, do not share the risks in trading, and even perhaps simply choose not the most reliable coins for trading.

It's simple to say to not become greedy but it's hard in reality that's why most traders fail because they forget to take profit. Most of the people I met people who choose crypto because they want to get quick profit, we should remind them that crypto is not a quick profit scheme but it's a place where your patience, your greed, and your analysis are tested.

[Mahanton]

All the tips your mentioned here fail in the trading platform as they are not in a trader. If a trader can follow each and every strategy you have mentioned then surely he can get success from the trading platform. Never trade with emotion on a trading platform Whenever a person trades emotionally on a training platform he will fail on the trading platform. Don't be too greedy in trading platform Whenever a trader is too greedy in trading platform he will fail in trading platform. So every trader should trade by adopting proper trading strategy.

Trading is too complex an activity, because there is no one clear algorithm that would act the same way for everything. Therefore, every trader tries to create their own strategy that will work for them.

Don’t be greedy, it sounds too abstract, and will also depend on the trader’s strategy. And traders lose more than they earn for the reason that they do not follow basic rules, do not share the risks in trading, and even perhaps simply choose not the most reliable coins for trading.

It's simple to say to not become greedy but it's hard in reality that's why most traders fail because they forget to take profit. Most of the people I met people who choose crypto because they want to get quick profit, we should remind them that crypto is not a quick profit scheme but it's a place where your patience, your greed, and your analysis are tested.

Totally that hard because if it was really just that easy then everyone would really be that profitable or making money or successful into this field but we do know that there would really be those people who do fail and commit out mistakes just because they have failed on doing even just with the basics. Trading is never been simple and trading is not for everyone but doesnt mean that you wont really be trying out to deal with it.
Greed is something that always a part of human being. Who doesnt really love money? Who doesnt really love on making profits? Of course and on the time that we do see those opportunity or doors of chances to
acquire such thing then we wont really be that tending to let it slip and would really be that diving in whether you do make yourself get prepared or not.

People would really be only making out those kind of realizations when they are on a tough situation or something on a condition which is hard and losing their money
but on the time that they are just that still fine then they wont really be caring at all.

[BitcoinsGreat]

<snip>

There are many reasons why people mostly fail in trading.

• Due to a lack of knowledge
• They fell prey to FOMO
• Don't have patience
• They made impulsive decisions
• They don't have good strategies for trading
• they invest in shit projects
• they don't know how to do TA and FA
• They follow wrong signals from Groups

and many more, failing in trading depends on many factors

All the tips your mentioned here fail in the trading platform as they are not in a trader. If a trader can follow each and every strategy you have mentioned then surely he can get success from the trading platform. Never trade with emotion on a trading platform Whenever a person trades emotionally on a training platform he will fail on the trading platform. Don't be too greedy in trading platform Whenever a trader is too greedy in trading platform he will fail in trading platform. So every trader should trade by adopting proper trading strategy.

Unless and until you are an experienced trader, there is no way that we can be safe from these precautions. The newbie trader will have less knowledge and even if they gain enough knowledge about the project, they may not be able to control their emotions.
Newbie traders will believe in the signals groups and that is another cause of their failure in trading.

We think that making money from the financial markets is easy while it is the most difficult thing. More people would lose in trading as compared to their winnings.

[rozak]

Unless and until you are an experienced trader, there is no way that we can be safe from these precautions. The newbie trader will have less knowledge and even if they gain enough knowledge about the project, they may not be able to control their emotions.
Newbie traders will believe in the signals groups and that is another cause of their failure in trading.

We think that making money from the financial markets is easy while it is the most difficult thing. More people would lose in trading as compared to their winnings.

Yes, knowledge related to projects or trading can indeed be mastered by beginners. but experience in trading must be had with many trades carried out. it will not be easy for novice traders to become comfortable in creating a trading plan. they will certainly encounter problems and obstacles in their business. Relying on signals is not a solution, but when beginners have more knowledge, they can use signals as a source in making their analysis. and that will be quite helpful I'm sure.

[ndutndut]

Trading is too complex an activity, because there is no one clear algorithm that would act the same way for everything. Therefore, every trader tries to create their own strategy that will work for them.

Most of them experience losses in trading because many people think trading is easy and even underestimate their knowledge about trading or even think they have mastered everything about trading properly. Even though it is true as you said, trading is something very complicated and all strategies cannot be applied to everyone because it all depends on our suitability for the strategy. Maybe lastly, every time you trade, keep learning, even pro traders never stop learning about trading and use failure in trading as an experience so you don't repeat the same mistakes.

Don’t be greedy, it sounds too abstract, and will also depend on the trader’s strategy. And traders lose more than they earn for the reason that they do not follow basic rules, do not share the risks in trading, and even perhaps simply choose not the most reliable coins for trading.

Greed is the root of all failure in trading, no matter how good the trader strategy we use, if there is greed then our trading will not be successful, greed is also related to emotions.

[Ahli38]

Most people who fail in crypto trading have a lot of factors to break down, but one thing that is certain is that they are not prepared for the level of volatility of the crypto market itself. I have an acquaintance who mastered basic analyses in crypto such as technical, fundamental and sentimental. But he is bad at emotional management. And as a result he has more loss ratios than profits. Even though his analyses are actually always quite good. But unfortunately he is a person who panics quickly and sometimes he goes out of his own plan. And well he is the type who is not ready to face the volatility of the crypto market which does require a high mentality or courage if you want to survive in crypto trading. Another important thing that traders must have is risk management. So that he continues to be at a safe point and can avoid bankruptcy. Each type of trading has different risk management. Like Spot and Future I have risk settings that I distinguish between the two.

[AnonBitCoiner]

All the tips your mentioned here fail in the trading platform as they are not in a trader. If a trader can follow each and every strategy you have mentioned then surely he can get success from the trading platform. Never trade with emotion on a trading platform Whenever a person trades emotionally on a training platform he will fail on the trading platform. Don't be too greedy in trading platform Whenever a trader is too greedy in trading platform he will fail in trading platform. So every trader should trade by adopting proper trading strategy.

Sure all strategies should be learned, accepted and use on an accurate timing, some people think that they learned all the things and dive directly into trading but they forget that crypto trading is not an Easy field lots of years are required to learn and get experience.

Most of the time people choose the platform which boost in price at once so they put huge sum without realizing its reality because they are not familiar with the fact that every huge price coin does not perform better during Bull season.

They don't think with their active mind but follows others ideas and make their own ideas with emotions in which there is no knowledge involved so they loss all their amount and and they says that trading is not good option for earning but I think they should realize their own mistakes without blaming the field

[2Pizza410000BTC]

All the tips your mentioned here fail in the trading platform as they are not in a trader. If a trader can follow each and every strategy you have mentioned then surely he can get success from the trading platform. Never trade with emotion on a trading platform Whenever a person trades emotionally on a training platform he will fail on the trading platform. Don't be too greedy in trading platform Whenever a trader is too greedy in trading platform he will fail in trading platform. So every trader should trade by adopting proper trading strategy.

Sure all strategies should be learned, accepted and use on an accurate timing, some people think that they learned all the things and dive directly into trading but they forget that crypto trading is not an Easy field lots of years are required to learn and get experience.

Most of the time people choose the platform which boost in price at once so they put huge sum without realizing its reality because they are not familiar with the fact that every huge price coin does not perform better during Bull season.

They don't think with their active mind but follows others ideas and make their own ideas with emotions in which there is no knowledge involved so they loss all their amount and and they says that trading is not good option for earning but I think they should realize their own mistakes without blaming the field

In fact, those who first start trading thinking that they are very knowledgeable and experienced, then when they suffer a lot in trading, they must accept that trading is not an easy way to earn. I have seen many traders who commit themselves to fast trading without having any experience in trading and thus they end up hurting themselves very quickly so a trader should always follow the trading strategy and trade on the trading platform. One should never trade with little experience. But first and foremost in trading strategy is analyzing market conditions, avoiding excessive greed, and being patient during times of danger. Even if a trader has few qualities then he can get some success from trading.

[freedomgo]

Majority of the traders do not come out successful and profitable but losing and frustrating. That’s the reality in trading. But the only difference is that some have managed to learned from their losses and aims to improve their trading skills and strategies, while others end up quitting because they cannot take the pressure anymore, and to cut loss from having consistent losses while trading.

[Ahli38]

Majority of the traders do not come out successful and profitable but losing and frustrating. That’s the reality in trading. But the only difference is that some have managed to learned from their losses and aims to improve their trading skills and strategies, while others end up quitting because they cannot take the pressure anymore, and to cut loss from having consistent losses while trading.

But unfortunately more give up and quit trading than those who don't and learn from the experience. Learning from experience is hard enough to do because emotional baggage is the most stressful. But when we successfully learn from experience then we will never forget the insights we gained from the experience. And those who manage to become professional traders are those who have successfully passed this phase. That is, they learn from experience. They make observations and evaluations of their own trades and learn to correct the mistakes that still exist in the trades they have undergone and perfect them. So many Pro Traders are even able to create their own trading indicators from the results of their research.

[Abdulzuruku01]

Trading is not a get rich quick scheme as most newbie think, it's more difficult that we all can imagine, but their is always a way to navigate your way in trading so  as to come out profitable.
The main reason why most trader fail in trading is that they are not trained in the craft, most experience traders as they call their self don't even know how to identify the least support and resistance, talkless of knowing how to react when they see some certain chart pattern or candle stick pattern.
The skills I  believe that are  required to come out profitable in trading are;

* Knowledge: know the craft, know what you are doing, don't trade on assumption.

* Know how to control your emotions: it's very important that you know how to control your emotions like fear and greed in trading.

* Know how to manage your risk: knowledge and emotional control gives you money, but proper risk management skill protect your money and your gains

most mistakes of traders are;

* Thinking it's a get rich quick scheme or thinking that it's easy.

* Having no proper training in the craft to attain knowledge about it.

* Watching one two or three video's on YouTube by one YouTube influencer and think they are ready for it or thinking they have known the craft.

* Having no experience traders that is good in the craft to guide them.

As a newbie, if you develop feelings of getting rich quick, know that you are setting yourself up for failure because that is a bad habit of a trader. It is good to have proper knowledge about trading because social media influencers will deceive you on their videos on how they become rich quickly but will never tell you the negative part of it. As a trader, the best plan to follow is to do your own research on the way in which the market will favor you. A good trader is always one who learns well, and you have to develop patience because there is never a 100% guarantee that you will always make profit from trading, instead, you will either lose or gain because trading it's not an easy way to make money, it requires knowledge and thorough research.

[Lanatsa]

Majority of the traders do not come out successful and profitable but losing and frustrating. That’s the reality in trading. But the only difference is that some have managed to learned from their losses and aims to improve their trading skills and strategies, while others end up quitting because they cannot take the pressure anymore, and to cut loss from having consistent losses while trading.

But unfortunately more give up and quit trading than those who don't and learn from the experience. Learning from experience is hard enough to do because emotional baggage is the most stressful. But when we successfully learn from experience then we will never forget the insights we gained from the experience. And those who manage to become professional traders are those who have successfully passed this phase. That is, they learn from experience. They make observations and evaluations of their own trades and learn to correct the mistakes that still exist in the trades they have undergone and perfect them. So many Pro Traders are even able to create their own trading indicators from the results of their research.

If you arent really that serious on learning trading or really that have the passion and dedication about on acquiring such skill or not really have that kind of targets or goals on learning trading.
Failures? It is really just that normal but if you arent that serious when it comes on learning these things then you would really be just that making yourself that quitting directly or easily towards trading.
You wont really be caring up that much when it comes to recovery and learning and just quit up directly just because you are really that expecting something positive but it turns out that outcomes or results
did really go into the opposite side. This is why it would really be that best that when you do face up some problems or challenges then you should really be that able to adapt.

You wont really be able to make yourself that better if you are really that just easily give up on things on where you are really that expecting something
but cant be possible when you are slapped with the reality.

[cryptoWODL]

It is better for a person to trade with a lot of patience. Patience is the one who completely ignores him for a while and then sell it in profit. Also, he should have a great teacher for him so that he can learn from it.

Don't have so much that you are busy in trading all the time. Trading is for long term and not at all for short term. Because I have had my experience in it.

You are absolutely right to be a good trader we must have detailed knowledge and experience about trades so we need to be very patient to do our trades. One can never become a good trader without patience and experience. There are many new members who are not experienced about trading or even don't know the details about trading yet they suddenly buy a coin and start trading and expect huge profit from it.

Teach and learn as well as trade on it and invest a small amount in the beginning Then slowly increase of your amount and then keep the profit from it on the side.

Yes it is also a good idea because when we learn about trading from new situation if we start trading with small amount of money and do it regularly then we can get good profit sometime.

[moneystery]

Trading is not a get rich quick scheme as most newbie think, it's more difficult that we all can imagine, but their is always a way to navigate your way in trading so  as to come out profitable.
The main reason why most trader fail in trading is that they are not trained in the craft, most experience traders as they call their self don't even know how to identify the least support and resistance, talkless of knowing how to react when they see some certain chart pattern or candle stick pattern.
The skills I  believe that are  required to come out profitable in trading are;

* Knowledge: know the craft, know what you are doing, don't trade on assumption.

* Know how to control your emotions: it's very important that you know how to control your emotions like fear and greed in trading.

* Know how to manage your risk: knowledge and emotional control gives you money, but proper risk management skill protect your money and your gains

most mistakes of traders are;

* Thinking it's a get rich quick scheme or thinking that it's easy.

* Having no proper training in the craft to attain knowledge about it.

* Watching one two or three video's on YouTube by one YouTube influencer and think they are ready for it or thinking they have known the craft.

* Having no experience traders that is good in the craft to guide them.

doing trading while still blind (not having any knowledge at all) has been done by many beginner traders so far, they are trapped by words of encouragement from out there that trading is an easy thing, but when they try it, they just realize that trading is not. as easy as they can imagine, the combination of skill, capital, and accuracy in decision-making is an important combination that gives a trader a high chance of making a profit.

there is one more thing that is most important, my teacher once said that in order to master a skill quickly, you must be guided by an experienced mentor, for that community is very important.

[tygeade]

Trading is too complex an activity, because there is no one clear algorithm that would act the same way for everything. Therefore, every trader tries to create their own strategy that will work for them.

Most of them experience losses in trading because many people think trading is easy and even underestimate their knowledge about trading or even think they have mastered everything about trading properly. Even though it is true as you said, trading is something very complicated and all strategies cannot be applied to everyone because it all depends on our suitability for the strategy. Maybe lastly, every time you trade, keep learning, even pro traders never stop learning about trading and use failure in trading as an experience so you don't repeat the same mistakes.

That is very true, they see people do crazy 100x leverage trading and make a lot of money from nothing and share it on instagram or tiktok, and they try to mimic the same thing and end up failing. It's quite clear that we are talking about something that is very rare, but when tens of thousands of people do it, every single day, it's only natural that you will see thousands of them every week.

This brainwashes some newbies that they are capable of making that much money with trading, and they should join, which only results with them not making that type of income at all. I believe that we are going to end up with a greater return eventually, we just need to accept the fact that it will take a while before we could get there.

[Bushdark]

<snip>

There are many reasons why people mostly fail in trading.

• Due to a lack of knowledge
• They fell prey to FOMO
• Don't have patience
• They made impulsive decisions
• They don't have good strategies for trading
• they invest in shit projects
• they don't know how to do TA and FA
• They follow wrong signals from Groups

and many more, failing in trading depends on many factors

All the tips your mentioned here fail in the trading platform as they are not in a trader. If a trader can follow each and every strategy you have mentioned then surely he can get success from the trading platform. Never trade with emotion on a trading platform Whenever a person trades emotionally on a training platform he will fail on the trading platform. Don't be too greedy in trading platform Whenever a trader is too greedy in trading platform he will fail in trading platform. So every trader should trade by adopting proper trading strategy.

Op had already listed many of the reasons why people end up losing in trading. It is good when we know what we want and how to get it without much difficulty or over thinking. The market is an open place for us to make money or lose money depending on our intellectual in trading. We might have the plan to make money in trade at the initial time then start seeing loses consecutively.
Sometimes we can't control what outcome we can get from the Crypto market.

[boyptc]

there is one more thing that is most important, my teacher once said that in order to master a skill quickly, you must be guided by an experienced mentor, for that community is very important.

And you have to do it repetitively. One thing that I've learned as well is when you want to master something, you have to practice it and we all know about it.

No matter how many times you fail but if you have perseverance on it, definitely it's going to be worth it upon seeing the fruits of your practice.

If you fail, it's either you're out or you'll be inspired by that failure to make it right.

[Fredomago]

there is one more thing that is most important, my teacher once said that in order to master a skill quickly, you must be guided by an experienced mentor, for that community is very important.

And you have to do it repetitively. One thing that I've learned as well is when you want to master something, you have to practice it and we all know about it.

No matter how many times you fail but if you have perseverance on it, definitely it's going to be worth it upon seeing the fruits of your practice.

If you fail, it's either you're out or you'll be inspired by that failure to make it right.

Better to be inspired and take that failure as another step to adjust and try working on it for the betterment of your next attempt. I agree with your statement that practicing whatever you learn will help you to gain more knowledge. It's different from just reading and watching how the trade is executed. By practicing it you will experience the emotion which most of the time drives you to fail, and you need to adjust to keep improving yourself.


Though it is going to depend on  how you think your opportunity to succeed, as not everyone can be successful, from this venue not even you are keen if it's not for you things won't work the way you wanted it.

[edy_58]

Better to be inspired and take that failure as another step to adjust and try working on it for the betterment of your next attempt. I agree with your statement that practicing whatever you learn will help you to gain more knowledge. It's different from just reading and watching how the trade is executed. By practicing it you will experience the emotion which most of the time drives you to fail, and you need to adjust to keep improving yourself.


Though it is going to depend on  how you think your opportunity to succeed, as not everyone can be successful, from this venue not even you are keen if it's not for you things won't work the way you wanted it.

If we have been able to learn from the mistakes we have made and can correct them, then when we try again, of course we will do it carefully and will be able to complete perfectly what we have learned, yes, when we continue to repeat what we have learned carefully. well of course we will become experts in that field and also we will have a different way of solving it from the first one we tried, if we only read the theory and immediately put into practice of course the results obtained will not be the same as those who study with other people and keep repeating what they have learned they have learned this.

[cryptoWODL]

And you have to do it repetitively. One thing that I've learned as well is when you want to master something, you have to practice it and we all know about it.

No man can master or learn anything absolutely from scratch. For example, when we were studying in school as children, we used to read what our teachers taught us over and over again so that we could learn it quickly. Similarly, for our detailed experience in trading, we need to learn about trading and practice it over and over again.

No matter how many times you fail but if you have perseverance on it, definitely it's going to be worth it upon seeing the fruits of your practice.

If you fail, it's either you're out or you'll be inspired by that failure to make it right.

Patience is standing up after failing again and again. If you fail once, try again. If you fail again, try again. Keep trying and you will succeed. Patience is the greatest power to succeed in anything. Those who have the power of patience are successful in life.

[leonair]

most mistakes of traders are;
* Having no proper training in the craft to attain knowledge about it.

* Having no experience traders that is good in the craft to guide them.

Not everyone has an access to this so in a way it's not really a mistake on the newbie trader side, some people just started trading and they just gained their own experience through continuous losses and gains and even if they try and find a school that does this exact thing, they're going to get nothing out of that because the market is volatile and they might not even use a lot of the stuff that they've learned in that school when the actual trading happens, mentors are expensive especially if you don't have a connection.

Trading is one thing that you cannot learn from institutions like schools and colleges, you have to try yourself and take risks to learn it.  Otherwise you cannot learn trading. The most important thing while trading is to trade patiently without panicking. Because no one can tell when a coin will be pumped or dumped. Because of this one thing that one has to keep in mind when one goes to trade is that one has to be patient until the profit is made. If you panic and sell crypto, you will lose

[YOSHIE]

Why people mostly fail in trading

You have to have a little faster and superior action or access to the crypto you are trading, crypto trading is not the same as other trading, which we have seen, calculations, analysis, the type of crypto being traded really determines who is successful in trading.

Failure is also something that often happens in crypto trading, even though they are experts in their field, trading is not only to seek profit, thinking about risks that could occur unexpectedly must also be considered, So whether crypto trading fails or succeeds is very much determined by ourselves in the process of carrying out the activity.

[user210822]

Because people mostly fail in the subject they often use help of their younger brothers such as octopuss that told correct answer to football games and groundhod who predicts if the winter will last longer than usual. Seems fair to me!

[Rehan Zakir]

The main reason behind that they don't have control on their emotions. When their trade get into loss they are depressed and close their trade in loss. Even the market is taking a minor correction and after that their buying coins can gives good profit.
So, that's the main reason of their loss.

[boyptc]

And you have to do it repetitively. One thing that I've learned as well is when you want to master something, you have to practice it and we all know about it.

No man can master or learn anything absolutely from scratch. For example, when we were studying in school as children, we used to read what our teachers taught us over and over again so that we could learn it quickly. Similarly, for our detailed experience in trading, we need to learn about trading and practice it over and over again.

Everything starts from scratch and one can master it from there if done continuously. Right, we have to learn and practice it for us to become better at something and that's the same with trading.

No matter how many times you fail but if you have perseverance on it, definitely it's going to be worth it upon seeing the fruits of your practice.

If you fail, it's either you're out or you'll be inspired by that failure to make it right.

Patience is standing up after failing again and again. If you fail once, try again. If you fail again, try again. Keep trying and you will succeed. Patience is the greatest power to succeed in anything. Those who have the power of patience are successful in life.

Those that have become successful have also failed but what is the difference on them is that they made it right but doing it again and again.

[Nheer]

Patience is standing up after failing again and again. If you fail once, try again. If you fail again, try again. Keep trying and you will succeed. Patience is the greatest power to succeed in anything. Those who have the power of patience are successful in life.

That’s just the spirit of successful people. Success doesn’t just come just like that, i know some people get lucky and don’t actually have to go through aa lot but the percentage of the lucky ones are just few compared to those who have to work their way up to achieve success.

A successful person will tell you the way up is not easy it needs consistency, dedication, commitment, patience and hard work. And having all these attributes doesn’t guarantee success, some people are bound to fail couple of times and keep trying before they eventually succeed. It is never too late, if there is life there is always hope to achieve success so i agree with you that patience is an essential key to achieving success. This also applies to trading cryptocurrencies.

[barisbilgili]

Patience is standing up after failing again and again. If you fail once, try again. If you fail again, try again. Keep trying and you will succeed. Patience is the greatest power to succeed in anything. Those who have the power of patience are successful in life.

That’s just the spirit of successful people. Success doesn’t just come just like that, i know some people get lucky and don’t actually have to go through aa lot but the percentage of the lucky ones are just few compared to those who have to work their way up to achieve success.

A successful person will tell you the way up is not easy it needs consistency, dedication, commitment, patience and hard work. And having all these attributes doesn’t guarantee success, some people are bound to fail couple of times and keep trying before they eventually succeed. It is never too late, if there is life there is always hope to achieve success so i agree with you that patience is an essential key to achieving success. This also applies to trading cryptocurrencies.

Luck also doesn't come by itself, there are quite a lot of things or processes that have gone through to get luck.
There is no luck for those who do nothing.

In crypto trading, there are quite a lot of things that you have to learn technically and self-control is also quite influential, so it cannot be denied that if you can be patient at certain times you will be able to provide greater profits.
In crypto trading, defeat often occurs due to uncontrollable emotions, and the reverse will also happen if we are able to be patient and restrain our emotions.

[Vinaa77]

Patience is standing up after failing again and again. If you fail once, try again. If you fail again, try again. Keep trying and you will succeed. Patience is the greatest power to succeed in anything. Those who have the power of patience are successful in life.

That’s just the spirit of successful people. Success doesn’t just come just like that, i know some people get lucky and don’t actually have to go through aa lot but the percentage of the lucky ones are just few compared to those who have to work their way up to achieve success.

A successful person will tell you the way up is not easy it needs consistency, dedication, commitment, patience and hard work. And having all these attributes doesn’t guarantee success, some people are bound to fail couple of times and keep trying before they eventually succeed. It is never too late, if there is life there is always hope to achieve success so i agree with you that patience is an essential key to achieving success. This also applies to trading cryptocurrencies.

Yes, achieving success is not an easy thing, it requires hard and consistent work to achieve it, but there are some people who are lucky, they can achieve it easily without having to do hard work that requires them to try before they can achieve success.

If we want success in the life we live, of course we have to start immediately because if we don't start then we won't be able to achieve the success we want and we don't need to be afraid to start something to change ourselves for the better, because if we If we don't try something that takes us in a better direction then we won't be able to succeed in anything.

[Yamifoud]

In crypto trading, there are quite a lot of things that you have to learn technically and self-control is also quite influential, so it cannot be denied that if you can be patient at certain times you will be able to provide greater profits.
In crypto trading, defeat often occurs due to uncontrollable emotions, and the reverse will also happen if we are able to be patient and restrain our emotions.

Basically, everything we must have to learn in trading, not just knowledge and skills but also we need to be mentally fit. Trading doesn't need luck but a good trading decision and funds management. For some traders, they spend more money to earn more but this should not be a good practice as we are not in a rush to earn huge instead, we spend wisely and securely.

Emotion is one factor affecting our decisions, the moment we let it control our minds, certainly it goes in the wrong direction which is losses.
That is why trading is not easy as more people have thought and what we saw on social media. Struggles are really what we experience in real life and much more for newbies.

[Fredomago]

Better to be inspired and take that failure as another step to adjust and try working on it for the betterment of your next attempt. I agree with your statement that practicing whatever you learn will help you to gain more knowledge. It's different from just reading and watching how the trade is executed. By practicing it you will experience the emotion which most of the time drives you to fail, and you need to adjust to keep improving yourself.


Though it is going to depend on  how you think your opportunity to succeed, as not everyone can be successful, from this venue not even you are keen if it's not for you things won't work the way you wanted it.

If we have been able to learn from the mistakes we have made and can correct them, then when we try again, of course we will do it carefully and will be able to complete perfectly what we have learned, yes, when we continue to repeat what we have learned carefully. well of course we will become experts in that field and also we will have a different way of solving it from the first one we tried, if we only read the theory and immediately put into practice of course the results obtained will not be the same as those who study with other people and keep repeating what they have learned they have learned this.

Proper adjustment and that learning process when you failed from your first attempt, it's giving the idea what to do on your next try, we have to generate good understanding to avoid repeating that same mistake, traders who are keen and really aiming for success mostly track those failed trades and identify what went wrong.

After the assessment they will mark those errors and try to adjust then adopt from the situation, it's important to know and have that will to succeed mentality, else, you will just continue repeating your mistake and will continue to lose your hard earned money.

[NicNacCoin]

Trading is not a get rich quick scheme as most newbie think, it's more difficult that we all can imagine, but their is always a way to navigate your way in trading so  as to come out profitable.
The main reason why most trader fail in trading is that they are not trained in the craft, most experience traders as they call their self don't even know how to identify the least support and resistance, talkless of knowing how to react when they see some certain chart pattern or candle stick pattern.
The skills I  believe that are  required to come out profitable in trading are;

* Knowledge: know the craft, know what you are doing, don't trade on assumption.

* Know how to control your emotions: it's very important that you know how to control your emotions like fear and greed in trading.

* Know how to manage your risk: knowledge and emotional control gives you money, but proper risk management skill protect your money and your gains

most mistakes of traders are;

* Thinking it's a get rich quick scheme or thinking that it's easy.

* Having no proper training in the craft to attain knowledge about it.

* Watching one two or three video's on YouTube by one YouTube influencer and think they are ready for it or thinking they have known the craft.

* Having no experience traders that is good in the craft to guide them.

The reason traders fail on most trading platforms is due to their lack of trading experience. Most traders fail in trading because of trading experience. For a trader to be profitable on a trading platform he must adopt a trading strategy without a trading strategy a trader will never succeed from a trading platform. I think a trader should first know about market volatility then avoid excessive greed from trading platform and never lose patience trading on trading platform. If a trader can follow all these strategies and trade then he can survive on the trading platform. But it should always be remembered that trading is never an easy means of earning, those who consider trading platform as an easy means of earning are the most losers in the trading platform.

[Dzwaafu11]

Trading is too complex an activity, because there is no one clear algorithm that would act the same way for everything. Therefore, every trader tries to create their own strategy that will work for them.

Don’t be greedy, it sounds too abstract, and will also depend on the trader’s strategy. And traders lose more than they earn for the reason that they do not follow basic rules, do not share the risks in trading, and even perhaps simply choose not the most reliable coins for trading.

Greed affects many traders today. Most traders don't really use strategies that suit their knowledge; all they look up to is money, which is not the case. As a professional trader, using your own strategy is very important as it will be a guide for you while trading and it will always favor you while trading, but greed is what makes some traders jump into the market without the fundamental knowledge of trading. Even though we all know that losing in trading is a normal thing that happens, if they lose too much, it will discourage them from doing so, and in this kind of situation, they will not notice that there is a course if they lose, forgetting that it was greed that was making them lose all the time.

So it will be good if all traders calm down and learn the key aspects of trading, such as fundamental knowledge, getting their own strategy, technical analysis, and some other key things that will help such traders.

[Ahli38]

Based on my personal experience, I was also an unsuccessful trader several years ago. And the reason at that time was that I underestimated technical analysis. And secondly, I'm lazy about digging up the latest news and information. And the third is that I have no control over my own emotions in trading. and the fourth is that we use money that is not actually cold capital or we use money that we actually still need for our daily needs. And the last thing is that we don't yet know market habits.

But what leads to losses the most is excessive greed and fear in trading itself. Not being satisfied with small profits and being afraid of missing out on prices is what also made me sink into big losses at that time. But I reevaluated everything and started over by learning from all the experiences I had gone through. And never be someone who is lazy about digging for information. Because in trading information is one of the most valuable.

[Tomcolor]

Actually two levels of people are more interested in trading as first when a crypto user comes to know about crypto then he loses money while trading. On the other hand the middle class users refrain from trading because they have already lost a lot of money while trading. Moreover, those who are more experienced in trading easily get profit from here due to which they value trading more than investment.

[Ndabagi01]

One of the most important things to overcome when starting out in trading is the inability to control your emotions. For starters, it is not a get-rich-quick scheme, and mastering it requires extensive training and knowledge. If it were that easy to make money in trading, all traders would be filthy rich already. Trading also requires you not to be greedy; greed will only cause you to lose more money and may force you to exit the market when you least expect it. Trading is its own school, and attempting to outsmart it will only lead to failure.

[terrific]

Actually two levels of people are more interested in trading as first when a crypto user comes to know about crypto then he loses money while trading. On the other hand the middle class users refrain from trading because they have already lost a lot of money while trading. Moreover, those who are more experienced in trading easily get profit from here due to which they value trading more than investment.

Those that have experienced losing in trading, don't want to try again and choose to hold. While someone who's very eager and optimistic and doesn't let themselves down due to failure keeps going on. It is okay to stop and learn another way of staying on this market.
IF trading doesn't work for you and you think of yourself as a failure, stop it from there and learn another technique to invest on the market as there's no other way than majority's common known.

[lixer]

Patience is standing up after failing again and again. If you fail once, try again. If you fail again, try again. Keep trying and you will succeed. Patience is the greatest power to succeed in anything. Those who have the power of patience are successful in life.

That’s just the spirit of successful people. Success doesn’t just come just like that, i know some people get lucky and don’t actually have to go through aa lot but the percentage of the lucky ones are just few compared to those who have to work their way up to achieve success.

A successful person will tell you the way up is not easy it needs consistency, dedication, commitment, patience and hard work. And having all these attributes doesn’t guarantee success, some people are bound to fail couple of times and keep trying before they eventually succeed. It is never too late, if there is life there is always hope to achieve success so i agree with you that patience is an essential key to achieving success. This also applies to trading cryptocurrencies.

Those who are starting can have that spirit too but they may only lacks in consistency and that is why many of them didn't get successful. Depends on our goals, we can also be successful easily if it's not a big one but we know humans, they are not contented with small even though most of them are only capable of it.

It maybe rare or impossible for us to have the same faith as the other lucky people, so instead of waiting and possibly wasting time, we can just start immediately and we will now have a good progress on achieving our success. The positive traits you mentioned there are a lot plus at the end it won't still give us a guarantee? Damn, this is why many are afraid to try.

[adpinbr]

Yes, people can easily feel in Trading because of lack of knowledge lack of reading and e-books for Trading and lack of sticking to the plans. It can make them easily feel and they will think Trading is the most difficulty. Trading is technical and a little bit difficult, but not difficult as you think if you follow the procedure and the rules, Trading is one of the most sweetest you understand how it was and again inside of it , you can easily feel if you simply don’t obey some simple rules in trading such as loe what to focus on on what you’re trading on, it is always important to get signals from expertise at least 70% expert in trading, because if you don’t do this, it’s obvious that you are not ready to succeed in trading which means you are going towards failed trades. so it is always advice to make sure you calculate properly read properly ask question make sure you know what you want to do and do it at the right time you have already planned for it don’t be distracted make a chance to write down some coffee, treat some previous streets, and take note of every step you make during your trades because you would definitely use it again.

[leonair]

Training and continuous improvement of skills are key elements of successful trading. Emotional control, especially in times of market instability, helps avoid decisions based on fear or greed, which can lead to undesirable consequences. Very often, people cannot overcome their emotions on the stock exchange, which leads to the loss of their savings.

Panic is one of the major causes of trading losses. And getting emotional and investing in the wrong coin. Trading requires a good trading skill along with a good experience  Most of the traders do not have good skills or experience and that is why they make wrong decisions and invest in wrong coins at wrong time and sell them in panic. so trading is not for everyone and not everyone can succeed in it. at every stage of life, emotions force us to make many wrong decisions, so emotions must be controlled at all times, only then it is possible to do good things in life.

[Sorryfor]

Most people fail in trading because they do not seek proper knowledge about trading and they do not trade according to a plan. To trade you must have a very good understanding of its process how it works and the various coins in the cryptocurrency market. Another reason for failure in trading is lack of patience. Because if you are a newbie trader then you may face losses instead of making your profits in the beginning, but still if you stick patiently you will hopefully succeed one day.  After trading, your mistakes will teach you slowly.  So know well and stick to it.

[Sophokles]

Due to their greed and lack of knowldge. In my early trading life i have also done something like this. Sometimes i haven’t book my profit in a token only because i was expecting a higher value which was based on assumption. If i made the expectations based on fact and knowledge like i do right now i would have made a lot of profit from trading.

[Gormicsta]

People who fail at trading often make common mistakes such as being overconfident, greed, refusing to take profits when they should, failing to learn from their mistakes, repeating unsuccessful methods, refusing to accept corrections, not knowing enough about the market before beginning, being impatient and disobeying instructions, believing they always know the best way to trade, and lacking self control or discipline.
Before some of them realized their faults, others failed due to a lack of knowledge and understanding that they acquired via experience.

[Questat]

People who fail at trading often make common mistakes such as being overconfident, greed, refusing to take profits when they should, failing to learn from their mistakes, repeating unsuccessful methods, refusing to accept corrections, not knowing enough about the market before beginning, being impatient and disobeying instructions, believing they always know the best way to trade, and lacking self control or discipline.
Before some of them realized their faults, others failed due to a lack of knowledge and understanding that they acquired via experience.

All the things that you have said are right but the question is why they continue doing these things even though they know this is not right.
And this is what it only means, these people are not meant for trading...I don't think they don't have knowledge about trading nor we can say they don't have an idea of what they are doing but they probably doing this without passion and dedication. Because it was different when your goal was not only about money as certainly, we are willing to change and adapt to the market situation.

[Fredomago]

Most people fail in trading because they do not seek proper knowledge about trading and they do not trade according to a plan. To trade you must have a very good understanding of its process how it works and the various coins in the cryptocurrency market. Another reason for failure in trading is lack of patience. Because if you are a newbie trader then you may face losses instead of making your profits in the beginning, but still if you stick patiently you will hopefully succeed one day.  After trading, your mistakes will teach you slowly.  So know well and stick to it.

Misconception, thinking that trading is just an easy venue to make money most newbies thinks that they can do it as same pattern like gambling, just plae you position and wait for luck to back you up and move it to your direction, instead of searching and studying the right way of trading, there are many possible patterns to follow as internet provides information about this business, without doing the proper idea will lead you to lose most of your attempts.

People who fail at trading often make common mistakes such as being overconfident, greed, refusing to take profits when they should, failing to learn from their mistakes, repeating unsuccessful methods, refusing to accept corrections, not knowing enough about the market before beginning, being impatient and disobeying instructions, believing they always know the best way to trade, and lacking self control or discipline.
Before some of them realized their faults, others failed due to a lack of knowledge and understanding that they acquired via experience.

All the things that you have said are right but the question is why they continue doing these things even though they know this is not right.
And this is what it only means, these people are not meant for trading...I don't think they don't have knowledge about trading nor we can say they don't have an idea of what they are doing but they probably doing this without passion and dedication. Because it was different when your goal was not only about money as certainly, we are willing to change and adapt to the market situation.

You need to have that focus, and like what you said, dedication and passion that will give us that mindset to continue adopting and adjusting if it's needed, you will not stay with one strategy but you will always keeps on studying what patterns is best fit to what the market is bringing, you need to anticipate the market so better to set proper adjustment to make things works for you while you have
your position.

[Mahanton]

People who fail at trading often make common mistakes such as being overconfident, greed, refusing to take profits when they should, failing to learn from their mistakes, repeating unsuccessful methods, refusing to accept corrections, not knowing enough about the market before beginning, being impatient and disobeying instructions, believing they always know the best way to trade, and lacking self control or discipline.
Before some of them realized their faults, others failed due to a lack of knowledge and understanding that they acquired via experience.

All the things that you have said are right but the question is why they continue doing these things even though they know this is not right.
And this is what it only means, these people are not meant for trading...I don't think they don't have knowledge about trading nor we can say they don't have an idea of what they are doing but they probably doing this without passion and dedication. Because it was different when your goal was not only about money as certainly, we are willing to change and adapt to the market situation.

Everyone starts on being a noob and no one starts on being a professional on which it would really be normal that there are people who would really be pushing up their intent on learning trading despite of the errors and loses that they are committing and there are ones who do easily give up whenever they have experienced that loss of money on which i could say that it would be normal. If ever you do have plans on having that kind of
approach towards trading then it would be your choice. One things for sure that trading isnt a skill that you could really be able to know or learn in a short time period.

Failure is common but sustaining is something that you should really be that aiming.Patience and sustain is something that not all people would really be having.
The ones who do sustain are the ones who do succeed into this one. This is why it would really be always best that you should be having this kind of behavior.

[ancafe]

Trading is not a get rich quick scheme as most newbie think, it's more difficult that we all can imagine, but their is always a way to navigate your way in trading so  as to come out profitable.
The main reason why most trader fail in trading is that they are not trained in the craft, most experience traders as they call their self don't even know how to identify the least support and resistance, talkless of knowing how to react when they see some certain chart pattern or candle stick pattern.

You have answered the questions given and maybe some people are trapped because they want to get rich quickly from the trading activities they do. However, trading does not guarantee profits all the time because even people who are experienced in trading also experience losses at certain times. The get rich quick scenario is always loved by people and usually they lose their minds in making money. Trading can indeed be learned to increase skills, but trading does not guarantee profits every time.

Train and level trading skills so that anyone can be involved in it responsibly because without knowledge trading activities will only result in losses for the people involved in it. The most important thing is not to rush into thinking that trading is a way to get rich quickly, because everything requires a process and is not as easy as you imagine.

[peter0425]

People who fail at trading often make common mistakes such as being overconfident, greed, refusing to take profits when they should, failing to learn from their mistakes, repeating unsuccessful methods, refusing to accept corrections, not knowing enough about the market before beginning, being impatient and disobeying instructions, believing they always know the best way to trade, and lacking self control or discipline.

that is all added into a selfish person , those actions shows how they will never be a investors and should lose all the time.
because when you are into investing then you should learn first before putting your money inside and expect profit.

Before some of them realized their faults, others failed due to a lack of knowledge and understanding that they acquired via experience.

learning from own mistakes should be the best teacher , and if you don't understand that then expect a complete losses.

[Hamphser]

Trading is not a get rich quick scheme as most newbie think, it's more difficult that we all can imagine, but their is always a way to navigate your way in trading so  as to come out profitable.
The main reason why most trader fail in trading is that they are not trained in the craft, most experience traders as they call their self don't even know how to identify the least support and resistance, talkless of knowing how to react when they see some certain chart pattern or candle stick pattern.

You have answered the questions given and maybe some people are trapped because they want to get rich quickly from the trading activities they do. However, trading does not guarantee profits all the time because even people who are experienced in trading also experience losses at certain times. The get rich quick scenario is always loved by people and usually they lose their minds in making money. Trading can indeed be learned to increase skills, but trading does not guarantee profits every time.

Train and level trading skills so that anyone can be involved in it responsibly because without knowledge trading activities will only result in losses for the people involved in it. The most important thing is not to rush into thinking that trading is a way to get rich quickly, because everything requires a process and is not as easy as you imagine.

Once you do have this kind of idea in mind on which you do have those hopes on becoming rich via trading and you are still a complete noob then you are just basically putting up yourself on such big trouble.
Why? you would really be that getting derailed on things on because you are really that believing that you could really be able to make yourself that to be able to get that easily until when reality
kicks on then this is where you would really be able to realize that it wasnt been easy. You would really be able to experience the worst until you would be able to learn for yourself.

Fail on trading? This is normal when you are just still that a noob. On the time that you do gain up experience then you do already know on how to minimize that risks and would
really be able to control up yourself and on how you would really be able to handle it out.

[martinex]

most mistakes of traders are;

* Thinking it's a get rich quick scheme or thinking that it's easy.

This item always makes me smile but I think it is appropriate and really dominates everything. In fact, even $1 dollar may take a long time to rise and you have to wait at least 4 hours if the capital is $100. However, if we are good at reading market hype, it is quite easy to get profit estimates by buying coins that are trending, for example currently many are UP on meme tokens.

Yes. The basic principle is still buy and hold and then you will feel the increase if we only have 1 to 2 days of trading time, I think the hope is very far away.

[Vinaa77]

People who fail at trading often make common mistakes such as being overconfident, greed, refusing to take profits when they should, failing to learn from their mistakes, repeating unsuccessful methods, refusing to accept corrections, not knowing enough about the market before beginning, being impatient and disobeying instructions, believing they always know the best way to trade, and lacking self control or discipline.
Before some of them realized their faults, others failed due to a lack of knowledge and understanding that they acquired via experience.

All the things that you have said are right but the question is why they continue doing these things even though they know this is not right.
And this is what it only means, these people are not meant for trading...I don't think they don't have knowledge about trading nor we can say they don't have an idea of what they are doing but they probably doing this without passion and dedication. Because it was different when your goal was not only about money as certainly, we are willing to change and adapt to the market situation.

When someone makes a mistake but they cannot learn from what they did, of course they cannot control themselves when trading so they will never be able to trade correctly and be able to make a profit on trading, to be able to make a profit on trading of course they must trade very carefully to be able to analyze the market and make decisions without haste and must decide correctly so that they will be able to make a profit on the trade.

[bettercrypto]

Actually two levels of people are more interested in trading as first when a crypto user comes to know about crypto then he loses money while trading. On the other hand the middle class users refrain from trading because they have already lost a lot of money while trading. Moreover, those who are more experienced in trading easily get profit from here due to which they value trading more than investment.

Those that have experienced losing in trading, don't want to try again and choose to hold. While someone who's very eager and optimistic and doesn't let themselves down due to failure keeps going on. It is okay to stop and learn another way of staying on this market.
IF trading doesn't work for you and you think of yourself as a failure, stop it from there and learn another technique to invest on the market as there's no other way than majority's common known.

Apart from what you say, there are many reasons why most people who enter crypto trading fail, and one of them is being greedy. People are just led by hype or promises and don't have enough knowledge about crypto or bitcoin.

Those are the major things that often happen that are still the reason for those who fail in trading in this field of this crypto space business industry.

[Fredomago]

Actually two levels of people are more interested in trading as first when a crypto user comes to know about crypto then he loses money while trading. On the other hand the middle class users refrain from trading because they have already lost a lot of money while trading. Moreover, those who are more experienced in trading easily get profit from here due to which they value trading more than investment.

Those that have experienced losing in trading, don't want to try again and choose to hold. While someone who's very eager and optimistic and doesn't let themselves down due to failure keeps going on. It is okay to stop and learn another way of staying on this market.
IF trading doesn't work for you and you think of yourself as a failure, stop it from there and learn another technique to invest on the market as there's no other way than majority's common known.

Apart from what you say, there are many reasons why most people who enter crypto trading fail, and one of them is being greedy. People are just led by hype or promises and don't have enough knowledge about crypto or bitcoin.

Those are the major things that often happen that are still the reason for those who fail in trading in this field of this crypto space business industry.

More on self discipline when dealing to anything that relates to money, greed is one the big factor that lead to a failed trade common practices is becoming greedy, instead of closing their position since they are not that much aware about risk or even they know about that but when emotion dominates then greed will be beating your position.

Aside from that is being caught by hypes entering without a solid strategy to use, if you can't analyze the market and you are just doing your trade with the same concept like gambling, you'll find yourself keeps failing over and over.

You need to study and focus with how you understand the business, from that point, you'll be able to create or follow the right sets of patterns to start making good positive trades.

[MFahad]

This item always makes me smile but I think it is appropriate and really dominates everything. In fact, even $1 dollar may take a long time to rise and you have to wait at least 4 hours if the capital is $100. However, if we are good at reading market hype, it is quite easy to get profit estimates by buying coins that are trending, for example currently many are UP on meme tokens.

Yes. The basic principle is still buy and hold and then you will feel the increase if we only have 1 to 2 days of trading time, I think the hope is very far away.

Mostly, people who invest in meme coins believe in the theory of getting rich overnight because they have seen it happening with some of the meme coin investors in the past where they got huge returns on their investments because they were early birds. However, such people don't understand that it doesn't happen to everyone, and if that were possible, we would have tons of millionaires around us by now.
You are right that this theory is nothing but a self-made thought that some people have made in their minds after hearing about cryptocurrencies and how profitable they can be sometimes.

[Fatunad]

This item always makes me smile but I think it is appropriate and really dominates everything. In fact, even $1 dollar may take a long time to rise and you have to wait at least 4 hours if the capital is $100. However, if we are good at reading market hype, it is quite easy to get profit estimates by buying coins that are trending, for example currently many are UP on meme tokens.

Yes. The basic principle is still buy and hold and then you will feel the increase if we only have 1 to 2 days of trading time, I think the hope is very far away.

Mostly, people who invest in meme coins believe in the theory of getting rich overnight because they have seen it happening with some of the meme coin investors in the past where they got huge returns on their investments because they were early birds. However, such people don't understand that it doesn't happen to everyone, and if that were possible, we would have tons of millionaires around us by now.
You are right that this theory is nothing but a self-made thought that some people have made in their minds after hearing about cryptocurrencies and how profitable they can be sometimes.

You cant blame out people on not to have that kind of thinking on which there are really actually those people who do make money with meme coins and this is why they are really that trying out to mimic those kind of gains on which some of them are really that life changing but of course not all people would really be able to experience it out because its never been that easy on having this way.
There's no such method that we could really be able to know on whats the next movement of prices. Sometimes we can really say that luck is also one of the factors on which
this is something you do need to be successful on crypto space.Just like been said by others that failing or having those errors would really be just that normal.
The thing on here is that you dont really make yourself that easily give up on the time that you would really be facing up challenges and this do what matter the most.

[armanda90]

Panic is one of the major causes of trading losses. And getting emotional and investing in the wrong coin. Trading requires a good trading skill along with a good experience  Most of the traders do not have good skills or experience and that is why they make wrong decisions and invest in wrong coins at wrong time and sell them in panic. so trading is not for everyone and not everyone can succeed in it. at every stage of life, emotions force us to make many wrong decisions, so emotions must be controlled at all times, only then it is possible to do good things in life.

There are many factors that cause someone to fail in trading, including panic situations in the face of market conditions that suddenly fall quite drastically, you need calm and patience if you want to succeed in investing in bitcoin or altcoins.
Most of trader can't manage well with the FUD and easily faced panic moment for selling bitcoin or altcoin assets on the lower price without waiting the recovery moment raise back to higher price.

Trader must learn more from the expert how keep calm facing FUD with market, its normally with price pump and dump how to face it without get panic keep hold and waiting until recovery to the higher price. Read more about the experiences of traders who failed when trading due to fatal mistakes to minimize trading so that it can be profitable and get consistent profits.

[Ben Barubal]

Trading is not a get rich quick scheme as most newbie think, it's more difficult that we all can imagine, but their is always a way to navigate your way in trading so  as to come out profitable.
The main reason why most trader fail in trading is that they are not trained in the craft, most experience traders as they call their self don't even know how to identify the least support and resistance, talkless of knowing how to react when they see some certain chart pattern or candle stick pattern.
The skills I  believe that are  required to come out profitable in trading are;

* Knowledge: know the craft, know what you are doing, don't trade on assumption.

* Know how to control your emotions: it's very important that you know how to control your emotions like fear and greed in trading.

* Know how to manage your risk: knowledge and emotional control gives you money, but proper risk management skill protect your money and your gains

most mistakes of traders are;

* Thinking it's a get rich quick scheme or thinking that it's easy.

* Having no proper training in the craft to attain knowledge about it.

* Watching one two or three video's on YouTube by one YouTube influencer and think they are ready for it or thinking they have known the craft.

* Having no experience traders that is good in the craft to guide them.

Maybe the only thing I can add to what you said is that they were just told, hyped, or promised. It could also be because they watched it on YouTube and were enticed to enter crypto trading, so they are here.

It is also possible that others are exploring themselves to see if they can see an opportunity here in cryptocurrency. So there are many reasons why they fail, apart from greediness, and the ones you mentioned above.

[Fredomago]

Trading is not a get rich quick scheme as most newbie think, it's more difficult that we all can imagine, but their is always a way to navigate your way in trading so  as to come out profitable.
The main reason why most trader fail in trading is that they are not trained in the craft, most experience traders as they call their self don't even know how to identify the least support and resistance, talkless of knowing how to react when they see some certain chart pattern or candle stick pattern.
The skills I  believe that are  required to come out profitable in trading are;

* Knowledge: know the craft, know what you are doing, don't trade on assumption.

* Know how to control your emotions: it's very important that you know how to control your emotions like fear and greed in trading.

* Know how to manage your risk: knowledge and emotional control gives you money, but proper risk management skill protect your money and your gains

most mistakes of traders are;

* Thinking it's a get rich quick scheme or thinking that it's easy.

* Having no proper training in the craft to attain knowledge about it.

* Watching one two or three video's on YouTube by one YouTube influencer and think they are ready for it or thinking they have known the craft.

* Having no experience traders that is good in the craft to guide them.

Maybe the only thing I can add to what you said is that they were just told, hyped, or promised. It could also be because they watched it on YouTube and were enticed to enter crypto trading, so they are here.

It is also possible that others are exploring themselves to see if they can see an opportunity here in cryptocurrency. So there are many reasons why they fail, apart from greediness, and the ones you mentioned above.

And most of the time hypes is the reason why trader  start gaining interest they might see it from a friends or relatives who venturing to this venue and they think that it will be easy for them duplicating the outcome,  but it turned out that because of lack of knowledge they ended up losing their money, its important that you have the right sets of skills and knowledge before stepping into this business, 

Trading is a never ending learning process even how good you are there's no assurance that you'll be able to keep the positive streaks  but the chances to avoid or prevent  losing a lot, you can work on it by using your skills and experience.

[ancafe]

Once you do have this kind of idea in mind on which you do have those hopes on becoming rich via trading and you are still a complete noob then you are just basically putting up yourself on such big trouble.
Why? you would really be that getting derailed on things on because you are really that believing that you could really be able to make yourself that to be able to get that easily until when reality
kicks on then this is where you would really be able to realize that it wasnt been easy. You would really be able to experience the worst until you would be able to learn for yourself.

Fail on trading? This is normal when you are just still that a noob. On the time that you do gain up experience then you do already know on how to minimize that risks and would
really be able to control up yourself and on how you would really be able to handle it out.

No. You have to dream to make something happen, but you need to move and learn to achieve that success. Trading is not easy to do, but that doesn't mean it can't be learned and the problem is precisely because you think about getting rich quickly from trading activities, so it can affect your psychology when trading ends in a loss. Wealth will be proportional to the capital we spend and wealth will also be proportional to the trading knowledge we learn because if we don't have trading experience it can actually give us losses.

Experience will teach us how we can improve everything and with experience we can minimize the risks posed by trading. As long as we know what we have to do, we will be much better prepared to face risks. There is no wealth that can be achieved in the near future because everything requires a long process for me to go through.

[Eres1]

Newbies should master the art using Demo account and also before using real money for trading have a mentor or coach to direct you so as to reduce Lost, and enable mastery

[EarnOnVictor]

Actually two levels of people are more interested in trading as first when a crypto user comes to know about crypto then he loses money while trading. On the other hand the middle class users refrain from trading because they have already lost a lot of money while trading. Moreover, those who are more experienced in trading easily get profit from here due to which they value trading more than investment.

Those that have experienced losing in trading, don't want to try again and choose to hold. While someone who's very eager and optimistic and doesn't let themselves down due to failure keeps going on. It is okay to stop and learn another way of staying on this market.
IF trading doesn't work for you and you think of yourself as a failure, stop it from there and learn another technique to invest on the market as there's no other way than majority's common known.

You have good points, after all, you've said it all to motivate traders, but at times, it's beyond this and it could be nice if some traders just give up instead of wasting money. If it's about motivation and encouragement, I've done that so many times with so many people in years, but at a point, I realised that I was the wicked one motivating people and keeping them losing their money. That's how I realised that trading is not meant for everybody, and no matter how most people try, the more they fail in it. This is not to discourage anyone but to be frank and real due to my vast experience with it and my relationship with different people.

It's worth saying that it is not even the lack of learning that makes people fail, you have said it all that one should learn and change style when one fails, but it is beyond that. You may be well-equipped for trading and still fail, but you may also use the best management and still fail, which makes me know that psychology plays a huge role in the success of a trader. But unfortunately, traders do not always get this right, they might get it right for a little while, but before they know it, they are getting it wrong again, so they will continue to lose in this regard. It is until they get the psychological part of it right, they will learn and learn but will continue to fail.

[shinratensei_]

Newbies should master the art using Demo account and also before using real money for trading have a mentor or coach to direct you so as to reduce Lost, and enable mastery

I guess there's no mastery of skill in trading in my opinion its all experiences accumulated, using demo account will never sufficient and can hardly simulate the real adrenaline and anxiousness when you are trading with real money where it might heavily influences what you are going to do.
but I guess its an alright way to know how the market work, but whats matter is I think emotion management and how to make wise decision financially where the decision is truly made with logic.
that can only be done when we are experienced enough as a trader and I think it requires some kind of extensive knowledge about the cryptocurrency.

knowing current news about project better then anyone else could also put us on the advantage than the other people.
but personally I never ever agree with having a mentor or a coach to direct the way we trades unless you can be 100% sure that you are having the right person to teach you.
there are many self proclaimed gurus out there about trading that actually earns from other people loss, like those that earns from refferal and so on, always be careful when picking someone to teach you as the may come out as someone that only taking advantage.

[OrangeII]

Actually two levels of people are more interested in trading as first when a crypto user comes to know about crypto then he loses money while trading. On the other hand the middle class users refrain from trading because they have already lost a lot of money while trading. Moreover, those who are more experienced in trading easily get profit from here due to which they value trading more than investment.

Those that have experienced losing in trading, don't want to try again and choose to hold. While someone who's very eager and optimistic and doesn't let themselves down due to failure keeps going on. It is okay to stop and learn another way of staying on this market.
IF trading doesn't work for you and you think of yourself as a failure, stop it from there and learn another technique to invest on the market as there's no other way than majority's common known.

Apart from what you say, there are many reasons why most people who enter crypto trading fail, and one of them is being greedy. People are just led by hype or promises and don't have enough knowledge about crypto or bitcoin.

Those are the major things that often happen that are still the reason for those who fail in trading in this field of this crypto space business industry.

There are too many factors that cause why people always fail in trading. Well, everything mentioned is true, and it all depends on the person doing the trading. I'm not very good at trading, and one of the reasons why I often fail is because I'm too greedy. well, I think that almost everyone has this trait. Because of this, I always choose to hold the coins I own and sometimes force sell when I make a profit. Well, it's better than continuing to endure the pain of taking a loss.

[Assface16678]

Actually two levels of people are more interested in trading as first when a crypto user comes to know about crypto then he loses money while trading. On the other hand the middle class users refrain from trading because they have already lost a lot of money while trading. Moreover, those who are more experienced in trading easily get profit from here due to which they value trading more than investment.

Those that have experienced losing in trading, don't want to try again and choose to hold. While someone who's very eager and optimistic and doesn't let themselves down due to failure keeps going on. It is okay to stop and learn another way of staying on this market.
IF trading doesn't work for you and you think of yourself as a failure, stop it from there and learn another technique to invest on the market as there's no other way than majority's common known.

Apart from what you say, there are many reasons why most people who enter crypto trading fail, and one of them is being greedy. People are just led by hype or promises and don't have enough knowledge about crypto or bitcoin.

Those are the major things that often happen that are still the reason for those who fail in trading in this field of this crypto space business industry.

There are too many factors that cause why people always fail in trading. Well, everything mentioned is true, and it all depends on the person doing the trading. I'm not very good at trading, and one of the reasons why I often fail is because I'm too greedy. well, I think that almost everyone has this trait. Because of this, I always choose to hold the coins I own and sometimes force sell when I make a profit. Well, it's better than continuing to endure the pain of taking a loss.

Being impatient is one of the most common mistakes that a trader will do, as I trader I notice that this is the one that causing me to commit mistakes in trading and as a result I lose money from those trades, I mostly want to monitor my trade every single time even I set it long term or the goal of the trade is for long term, but because I'm being impatient I often didn't follow my trade and if I see a slight dip or a good profit even my trade is not touching the TP, I exit the market, that being impatient sometimes cause me because if for example I exit the market because I see downtrade and because I got scared I will exit the market but suddenly later on you will see the price being pumped, meaning if I have just patience to wait longer then there should not be a problem. So remember, if you will do trade and you come up with the technical analysis and chart pattern or graph, then follow it and see it through to the end.

[BD Technical]

Most of the people think that by doing this set tat they will make their profit. Many fathers will get a lot of profit and they think it is very easy.  But you will notice one thing well.  Losing your entire money is the only risk if it is trading, so if you come to the platform or invest, you need to have a basic idea or a good idea.  You will come and start making profit it is never possible bro money is not so cheap if you want to earn money you have to feed something in the beginning you eat loss or.  There are many people who eat 70% loss in case you can trade profit again in future if your idea increases or if you can work professionally.
 There are many who depend on their luck to give their father two or more profits but later most people.

[Gormicsta]

One of the greatest things that new traders can do is focus to create a strong trading plan and sticking to it. This means establishing clear entry and exit methods, setting stop-loss orders, and managing risk successfully. It's also important to be controlled and not let feelings affect decisions. It can be helpful to keep a journal of your trading activities to monitor achievement as well as recognize any aspects that need improvement.

[adpinbr]

Everyone intention is to  make money with a big or small so we don’t have to blame anyone going into Trading because they want to make money, that is why it is always advisable for someone to understand the meaning of of trading before going into it because if you don’t understand the meaning, then you have to endure the process of losing because it won’t be easy. You will feel so bad, but one thing about reading is you are getting more experience as you lose, but is not advisable for you to lose, but you lose your game more experience and knowledge strategy the process I want everything that should be in mind that they will definitely lose. Sometimes you will lose everything in your portfolio. It dependent on higher you enter the market and what happened, but never have intention. Because you are learning, OK let me also add this. It is always good, though set a spending limit of what you can get at the time or putting into trades. The truth is that we are learning every day the more you treat the more you learn more strategy you learn more process of trading. It is always good to continue trading if you want to be a professional never be scared of feeling because you definitely fail and trade again

[Fuso.hp]

Most people come into trading with their misconceptions, most traders think crypto trading may be very easy and if they buy any coin they will sell that coin at a higher price without any need to have any idea or knowledge about trading. When traders come to trade with such misconceptions, it can be seen that the way they plan to trade is easy, but in reality, trading is not so easy and at that time they suffer a lot due to lack of trading ideas. First we need to know about what is trading and how trading works and we must have enough knowledge about business and market knowledge, when we have knowledge about these things we will be less likely to suffer.

[Kelvinid]

Most people come into trading with their misconceptions, most traders think crypto trading may be very easy and if they buy any coin they will sell that coin at a higher price without any need to have any idea or knowledge about trading. When traders come to trade with such misconceptions, it can be seen that the way they plan to trade is easy, but in reality, trading is not so easy and at that time they suffer a lot due to lack of trading ideas. First we need to know about what is trading and how trading works and we must have enough knowledge about business and market knowledge, when we have knowledge about these things we will be less likely to suffer.

Well, having deep knowledge and a positive mindset is not the assurance for a trader to succeed, still possibly fail for some reason.
 - emotional factor
 - ineffective strategies
 - attitude problem

That is why we won't be confident that we already have knowledge and know how it works.  We still need to keep improving and enhancing our skills and strategies to fit the changing conditions of the market as well. If we want to succeed, we also need not be afraid to lose and of course, have patience.

[martinex]

Well, having deep knowledge and a positive mindset is not the assurance for a trader to succeed, still possibly fail for some reason.
 - emotional factor
 - ineffective strategies
 - attitude problem

That is why we won't be confident that we already have knowledge and know how it works.  We still need to keep improving and enhancing our skills and strategies to fit the changing conditions of the market as well. If we want to succeed, we also need not be afraid to lose and of course, have patience.

One important thing is to analyze the market first, don't just assume that if BTC will rise like before, others coin/token will also follow and fly. but, look at the current reality only fundamentals can do that and everything else gets messed up. quite a lot of people lost.

and yes intelligence and knowledge number 1 is needed no matter what. Our dominance can still be defeated by emotional factors as you wrote in point 1. And another thing is that dominant traders can at least see cheap prices and are willing to cut losses on coins that they previously bought high to take these low coins. once, twice and in the end it became a boom time in terms of estimated asset values which further decreased as time went by.

[$weetne$$]

Most people come into trading with their misconceptions, most traders think crypto trading may be very easy and if they buy any coin they will sell that coin at a higher price without any need to have any idea or knowledge about trading. When traders come to trade with such misconceptions, it can be seen that the way they plan to trade is easy, but in reality, trading is not so easy and at that time they suffer a lot due to lack of trading ideas. First we need to know about what is trading and how trading works and we must have enough knowledge about business and market knowledge, when we have knowledge about these things we will be less likely to suffer.

Another misconceptions some individuals have is that they can start trading without leaning how to trade first and when they have such beliefs that trading is easy and they u can use guessing to wim, it affect their trading results because they won't be making profits. Alot of people trading currently didn't learn how to trade and this is why they're failing. There's no person that learnt trading and keeps to the disciplined of trading properly that he was taught by his mentor and will be losing. If the strategy that you're using are current ones, you should be making profits often but when you didn't learn how to trade and what to profits, you'll failed. Trading also requires the right mindset and not every individual can develop the right mindset and trade with caution and not a rush to make money.

[bakasabo]

I have set for myself two reasons why people fail at trading.

1) They have purchased wrong asset. Which means they havent done a research, bought it under influence of emotions, it was a spontaneous purchase.
2) They dont have a investing plan or dont know how to hold. That is simple, they dont understand that if the asset they have purchased is suitable for short or long term investment. And they dont know how to hold, they dont have guts and cant cope with stress when price goes down. They are easily influenced by panic.

[Peanutswar]

Could be they got FOMO with the coin they have been waiting for a long time but they don't have the trust to enter of position or they make a mistake with their decisions throughout their process and are afraid to repeat the same mistake, people want to earn money but they don't want to risk their money. Experience and knowledge is the best ways to succeed in trading, of course still, there's a risk but you can lessen this with your experiences. I highly recommend having a trading plan so if you lose in your current position you can back track and also back to basic sometimes you learn a lot you exaggerate most of the things so you forget the proper executions of the basics.

[shawonngp]

Based on my personal experience, I was also an unsuccessful trader several years ago. And the reason at that time was that I underestimated technical analysis. And secondly, I'm lazy about digging up the latest news and information. And the third is that I have no control over my own emotions in trading. and the fourth is that we use money that is not actually cold capital or we use money that we actually still need for our daily needs. And the last thing is that we don't yet know market habits.

Just my story is also similar with you. I lost trading for my lack of financial condition, a lot of times i sold my coins at low price because i was badly need money, so when there are no way to sell with lower price. I was not enable to check timely about which coin update like good or bad news. I made mistake when i am going to make big profits.

[Uhwuchukwu53]

I have set for myself two reasons why people fail at trading.

1) They have purchased wrong asset. Which means they havent done a research, bought it under influence of emotions, it was a spontaneous purchase.
2) They dont have a investing plan or dont know how to hold. That is simple, they dont understand that if the asset they have purchased is suitable for short or long term investment. And they dont know how to hold, they dont have guts and cant cope with stress when price goes down. They are easily influenced by panic.

Your not far from truth this your reason are reality, many venture into investment or business they have not carry out feasibility study , some never even see area of their specifications and Carrier if they are fit for trading or investing on what they go in which lead to some falling.

[Kingperry22]

Trading needs patience, truly it's not a rich quick scheme but it can be profitable once the strategies work. it requires dedication and time to learn how to trade. Being impatient in the financial market is why most people fail to be profitable. Micheal Huddelstone once said if you fail to see the liquidity you might just be the liquidity. Big finance institutions mostly determine where and how the market directions go. critical thinking and understanding of technical analysis with conjunction of fundamental analysis will help people.
The key issue is being patient.

[bakasabo]

People also fail in trading because besides «buy low sell high» they dont know anything. When the price goes lower than the original price they have bought for, their plans gets destroyed, because they dont know what to do, that is not what they expected. People like that sell at any price they can, quit and raise panic at the market, thereby creating new wave of unsuccessful traders.

[Fredomago]

Based on my personal experience, I was also an unsuccessful trader several years ago. And the reason at that time was that I underestimated technical analysis. And secondly, I'm lazy about digging up the latest news and information. And the third is that I have no control over my own emotions in trading. and the fourth is that we use money that is not actually cold capital or we use money that we actually still need for our daily needs. And the last thing is that we don't yet know market habits.

Just my story is also similar with you. I lost trading for my lack of financial condition, a lot of times i sold my coins at low price because i was badly need money, so when there are no way to sell with lower price. I was not enable to check timely about which coin update like good or bad news. I made mistake when i am going to make big profits.

It's not good practice to use your investment for your personal needs, same thing will happen over and over if you did not prepare well, better to have extra or spare money for investment as trading is not as easy as many think it is, there's a lots of patience and sacrifices to encounter where the market trend will test you, if you don't have spare and in somehow emergency needs you to cash out your money, there's no choice but sell it in the market current value, and same with what you said most of the time the timing is not beneficial as you are in the red side and you need to sacrifice since emergency expenses is needed to address.

Trader needs to anticipate the possible expenses so it's a must that you have that spare to cover it and not to use your trading money as it will be dedicated for trade itself and nothing else.

[OrangeII]

People also fail in trading because besides «buy low sell high» they dont know anything. When the price goes lower than the original price they have bought for, their plans gets destroyed, because they dont know what to do, that is not what they expected. People like that sell at any price they can, quit and raise panic at the market, thereby creating new wave of unsuccessful traders.

One of the things that makes people stressed when trading is panic. This makes someone sell their assets in a hurry even though they are experiencing a loss. Because they are afraid of greater losses, they are forced to sell the assets they own. This makes a lot of people who trade fall. Actually, there are many factors regarding this, but this is also one of the factors that causes the most losses to people who trade.

[ancafe]

Trading is not a get rich quick scheme as most newbie think, it's more difficult that we all can imagine, but their is always a way to navigate your way in trading so  as to come out profitable.
The main reason why most trader fail in trading is that they are not trained in the craft, most experience traders as they call their self don't even know how to identify the least support and resistance, talkless of knowing how to react when they see some certain chart pattern or candle stick pattern.

Everything we do without knowledge will definitely end in losses, especially when people are involved in trading. Not everyone understands how to trade correctly and most people prefer to listen to big returns so they engage in trading just because they want to make big profits. Not being trained and not having skills in trading will make someone suffer losses because they don't understand how to trade correctly.

If someone wants to be seen in trading, they must learn how to do it properly so as not to risk losing money. Skills will be formed when people really learn how to trade, although it is not easy, but at least they can understand how to trade correctly. Trading is not suitable for everyone because there are risks involved if it is not done with knowledge.

[Dailyscript]

It only takes one who is discipline to control it greed that is when it may not look like a get rich scheme. Once a beginner start being successful in his trade there is things that propels them to pushing for more trade and increasing lots size with the expectation that they will make good money as fast as possible.

Another thing that makes investor that day trade to fail in trading is when they start accepting huge sum of money from people thinking they can double the money or triple it. If they eventually loss in any trade the fear of holding someones money will put them into unnecessary pressure causing them lose more if care is not taken. In conclusion the reason why traders fail most times is greed.

[MFahad]

Another thing that makes investor that day trade to fail in trading is when they start accepting huge sum of money from people thinking they can double the money or triple it. If they eventually loss in any trade the fear of holding someones money will put them into unnecessary pressure causing them lose more if care is not taken. In conclusion the reason why traders fail most times is greed.

One of the biggest mistakes of newbie investors is that they think there is more profit if you make more trades, and even though it does increase the potential profits if you make a higher number of trades, it also means more risk to manage, and if someone isn't experienced enough, they will barely be able to manage so many trades at once or in such a short time.

So it is important for new investors to understand that they aren't supposed to try and push their limits to make more trades because that will only increase the risk of them losing their capital if they make a wrong trade in between or if couldn't manage the trades properly because it is not as easy as one might think it is to manage multiple trades in a short period.

[Lanatsa]

Another thing that makes investor that day trade to fail in trading is when they start accepting huge sum of money from people thinking they can double the money or triple it. If they eventually loss in any trade the fear of holding someones money will put them into unnecessary pressure causing them lose more if care is not taken. In conclusion the reason why traders fail most times is greed.

One of the biggest mistakes of newbie investors is that they think there is more profit if you make more trades, and even though it does increase the potential profits if you make a higher number of trades, it also means more risk to manage, and if someone isn't experienced enough, they will barely be able to manage so many trades at once or in such a short time.

So it is important for new investors to understand that they aren't supposed to try and push their limits to make more trades because that will only increase the risk of them losing their capital if they make a wrong trade in between or if couldn't manage the trades properly because it is not as easy as one might think it is to manage multiple trades in a short period.

Or simply thinking that it is really just that too easy to make trades on which they would really be thinking that this is something a skill that they could really be that easily to make themselves making money
once they would really be trying to get involved with. On the time that reality would really be tasted up or would be slapping into their faces then this is where realization would be able to kick in.

Failing or having those mistakes is really just that normal on trading journey. Market is never been predictable in the first place on which even those professionals or old traders would really be having
that kind of mistakes and errors but the key on here is that you do really know on what you are doing. You cant really that make yourself as a perfect trader.
Loses are inevitable but the key for you to succeed is on how to sustain yourself into this unpredictable space.

This isnt something that you could really be able to make yourself directly be successful without passing with those hard situations.

[lixer]

People also fail in trading because besides «buy low sell high» they dont know anything. When the price goes lower than the original price they have bought for, their plans gets destroyed, because they dont know what to do, that is not what they expected. People like that sell at any price they can, quit and raise panic at the market, thereby creating new wave of unsuccessful traders.

It's essentially a lack of knowledge about the market and certain trading practices and a lot of newbie investors tend to have this thing in them. They are extremely lazy when it comes to learning, they want everything to be served to them on a plate so that they can eat and enjoy, this is the reason why people running premium signal groups on social media platforms are earning so much money because newbies are always ready to pay money so that others provide them with ready-made stuff and in this case, it's trading signals.

So, what one needs to do is gain knowledge and this should be the first thing one should do after joining the market because you can't proceed for very long without knowledge in this market, you will barely be able to survive for very long without it.

[bettercrypto]

People also fail in trading because besides «buy low sell high» they dont know anything. When the price goes lower than the original price they have bought for, their plans gets destroyed, because they dont know what to do, that is not what they expected. People like that sell at any price they can, quit and raise panic at the market, thereby creating new wave of unsuccessful traders.

There are only two reasons why the majority of traders always fail. First, they think that trading is just like gambling; second, they don't really know anything; they just use their greed in the hope that they will get a profit through an assumption or guess, which is wrong.

There are only those two; if you don't have that reason, for sure you will make a profit in the end. That just means that you have knowledge of trading and know what to do with actual trading in the crypto space.

[Fredomago]

People also fail in trading because besides «buy low sell high» they dont know anything. When the price goes lower than the original price they have bought for, their plans gets destroyed, because they dont know what to do, that is not what they expected. People like that sell at any price they can, quit and raise panic at the market, thereby creating new wave of unsuccessful traders.

There are only two reasons why the majority of traders always fail. First, they think that trading is just like gambling; second, they don't really know anything; they just use their greed in the hope that they will get a profit through an assumption or guess, which is wrong.

There are only those two; if you don't have that reason, for sure you will make a profit in the end. That just means that you have knowledge of trading and know what to do with actual trading in the crypto space.

With proper knowledge success can be achieved,  and I agree with most of those who failed in trading its not something that you can treat as gambling,  there are fundamentals that you needed to understand  before you can have a proper grasp on it, the more you know what you are doing the better progress with your trading participation,  without the proper understanding you'll keep seeing yourself losing your money.

Better to understand the concept and learn more about possible strategy to use, there are many available information that you can use to increase your knowledge, just need to be more keen and always be available to adjust.

[Fatunad]

People also fail in trading because besides «buy low sell high» they dont know anything. When the price goes lower than the original price they have bought for, their plans gets destroyed, because they dont know what to do, that is not what they expected. People like that sell at any price they can, quit and raise panic at the market, thereby creating new wave of unsuccessful traders.

There are only two reasons why the majority of traders always fail. First, they think that trading is just like gambling; second, they don't really know anything; they just use their greed in the hope that they will get a profit through an assumption or guess, which is wrong.

There are only those two; if you don't have that reason, for sure you will make a profit in the end. That just means that you have knowledge of trading and know what to do with actual trading in the crypto space.

With proper knowledge success can be achieved,  and I agree with most of those who failed in trading its not something that you can treat as gambling,  there are fundamentals that you needed to understand  before you can have a proper grasp on it, the more you know what you are doing the better progress with your trading participation,  without the proper understanding you'll keep seeing yourself losing your money.

Better to understand the concept and learn more about possible strategy to use, there are many available information that you can use to increase your knowledge, just need to be more keen and always be available to adjust.

There are things that cant really be able to learn from just reading up those theories or into those which are written on which you would really be able to get up those other learnings from actual experience on which
it would really be just that a normal approach that you should really be needing to have that real time engagement rather than on making yourself keeping on reading up those theories on which we know
that technicals cant really be precise or even with fundamentals too. You would really be needing to experience those tons of trial and error into this journey on which you would really be needing up to adjust
accordingly and this is something that you should be putting up into your mind.

Failure and mistake are your stepping stones on making yourself way more better.It would really be just that depending on how you would really be expecting yourself to handle out
such condition and would really be able to adapt accordingly because not all does have that kind of mindset and self control in regarding about their emotions
because once they do able to experience such hardship then they would really be just simply quitting.

[MFahad]

Better to understand the concept and learn more about possible strategy to use, there are many available information that you can use to increase your knowledge, just need to be more keen and always be available to adjust.

Most people who get into trading are in a rush to make money. They are always misguided and have a misconception about the cryptocurrency market because they think it is very easy to earn money from here. In contrast, the reality is different and one requires extensive knowledge and understanding about the market and different trading practices to be able to earn money from the market.
People who manage to gain enough knowledge beforehand barely face any issues when they start trading because they don't rush it and take it slow and easy which is how it should be taken in the first place.

[EarnOnVictor]

People also fail in trading because besides «buy low sell high» they dont know anything. When the price goes lower than the original price they have bought for, their plans gets destroyed, because they dont know what to do, that is not what they expected. People like that sell at any price they can, quit and raise panic at the market, thereby creating new wave of unsuccessful traders.

You only loop this together without having that constructive argument about it. There is nothing wrong with traders selling at a high level and buying at a low level as long as they know what they are doing and do not subject it to guesswork or gambling. Such must ascertain the levels through support and resistance levels and also with good analysis to truly know the exhaustive condition of the market which is called overbought and oversold condition.

However, this strategy is good for the long-term approach but the short-term traders can still take advantage of it but would be on the lower timeframe. And for those who experienced the market going against what they planned, I can only encourage them to manage their trading properly, there are no perfect traders and analysis/signal, anyone can fail, and at times, closing the trade at a bad price is good to save such trader from more losses. This is more heroic than the way you made it look bad.

All that matters is to make more wins, but thinking traders will not lose is a pure lie, and in losses, we should not still mock anyone. Generally, to avoid losses, I can only encourage traders to work more on their trading management and psychology. With good strategy as well, I don't think any issue would arise.

[poodle63]

People also fail in trading because besides «buy low sell high» they dont know anything. When the price goes lower than the original price they have bought for, their plans gets destroyed, because they dont know what to do, that is not what they expected. People like that sell at any price they can, quit and raise panic at the market, thereby creating new wave of unsuccessful traders.

One of the things that makes people stressed when trading is panic. This makes someone sell their assets in a hurry even though they are experiencing a loss. Because they are afraid of greater losses, they are forced to sell the assets they own. This makes a lot of people who trade fall. Actually, there are many factors regarding this, but this is also one of the factors that causes the most losses to people who trade.

panic trading is when suddenly market dumps then people panic and emotion get the best of them therefore they just make some of the worst decision ever by dumping all their coin to the market because afraid that the lose will be even higher since they are having some cut loss opportunity they decided to cut loss but is it an opportunity though?
for example is the recent price dumping, just imagine someone selling btc when it was falling down to $61k and just within few days the price climbed up, its gonna be absolutely okay if it was someone that bought the bitcoin at significantly lower price basically holder they'd still be in profit so selling wouldn't implicate a thing except lesser profit but for those that bought at higher price, well they are experiencing loss for absolutely nothing they could've avoided the loss had they know better that in bullrun there's always some pullback but they got panicky and then start dumping all their investment for a loss which is unnecessary at all.

[Gideon66]

Trading is not a get rich quick scheme as most newbie think, it's more difficult that we all can imagine, but their is always a way to navigate your way in trading so  as to come out profitable.
The main reason why most trader fail in trading is that they are not trained in the craft, most experience traders as they call their self don't even know how to identify the least support and resistance, talkless of knowing how to react when they see some certain chart pattern or candle stick pattern.
The skills I  believe that are  required to come out profitable in trading are;

* Knowledge: know the craft, know what you are doing, don't trade on assumption.

* Know how to control your emotions: it's very important that you know how to control your emotions like fear and greed in trading.

* Know how to manage your risk: knowledge and emotional control gives you money, but proper risk management skill protect your money and your gains

most mistakes of traders are;

* Thinking it's a get rich quick scheme or thinking that it's easy.

* Having no proper training in the craft to attain knowledge about it.

* Watching one two or three video's on YouTube by one YouTube influencer and think they are ready for it or thinking they have known the craft.

* Having no experience traders that is good in the craft to guide them.

There are many reasons people fail in trading, but mostly there are common factors that seems to be play. Most people don't have patience to succeed in long term. Trading requires focus, patient having a strategies plan to carry out a successful trade, even when the market are volatile. Many people don't understand the basic of trading, such as the risk involved and technical analysis.

Many people don't have a good mindset for trading such as ending up making emotional decisions that causes losses.

[Albarq]

perhaps the trading story that has always been
in my mind especially we have to have enough
and learn to always understand.
with understanding

enough accurate information will be more
good especially the pattern
thought that
clear it can help
with trading success
can be seen with our positive mindset

[Dunamisx]

People also fail in trading because besides «buy low sell high» they dont know anything. When the price goes lower than the original price they have bought for, their plans gets destroyed, because they dont know what to do, that is not what they expected. People like that sell at any price they can, quit and raise panic at the market, thereby creating new wave of unsuccessful traders.

There are many reasons why people can invest in bitcoin and fail because they lack the tenacity of withstanding the tough times associated with making such investment, apart from what you have already pointed out here, fear is another factor or reason, impatience, lack of technical understanding, personal needs and some other things which may be the reason why some people can make trade and rush out of it uncontrollably.

[gunhell16]

People also fail in trading because besides «buy low sell high» they dont know anything. When the price goes lower than the original price they have bought for, their plans gets destroyed, because they dont know what to do, that is not what they expected. People like that sell at any price they can, quit and raise panic at the market, thereby creating new wave of unsuccessful traders.

There are many reasons why most traders fail in the crypto industry. Some of them are: first, they feel worried because of the lack of knowledge of the trading they entered; others are just carried away by the hype in the news and what they watch on social media like YouTube; and others are carried away by their emotions.

As for the others, they look at trading as if it is like gambling, as if they also think that it can be obtained by guessing, even though they have no idea that trading is not designed that way.

[Jessie2121]

There are many things that makes one fail in trading, lack of planning no strategy and also lack of patience can make even the best trader to fail. You see someone who believe he or she can do better than the other getting involved without seeking for advise may lead to massive failure, some even thinks it has to do with luck but no way, it doesn't have to work the way it does for the next person.
If you don't accept that you know less about something you only meet your down fall, and in this crypto world to succeed you have to get the best in the business to school you to know more, without that all won't go well with you trading if you're not careful.

[leonair]

There are many things that makes one fail in trading, lack of planning no strategy and also lack of patience can make even the best trader to fail. You see someone who believe he or she can do better than the other getting involved without seeking for advise may lead to massive failure, some even thinks it has to do with luck but no way, it doesn't have to work the way it does for the next person.
If you don't accept that you know less about something you only meet your down fall, and in this crypto world to succeed you have to get the best in the business to school you to know more, without that all won't go well with you trading if you're not careful.

Jumping into trading without understanding the entire concept of trading and getting impatient quickly is one of the reasons for failure in trading.  The first things that have a high impact on trading are not to panic, control emotions and be an expert in analysis. If you follow these things, there will be less chance of failure in trading. no one can guarantee that a trader will succeed in all his trades, but the more expert he is, the less likely he is to fail.

[2Pizza410000BTC]

Trading is not a get rich quick scheme as most newbie think, it's more difficult that we all can imagine, but their is always a way to navigate your way in trading so  as to come out profitable.
The main reason why most trader fail in trading is that they are not trained in the craft, most experience traders as they call their self don't even know how to identify the least support and resistance, talkless of knowing how to react when they see some certain chart pattern or candle stick pattern.
The skills I  believe that are  required to come out profitable in trading are;

* Knowledge: know the craft, know what you are doing, don't trade on assumption.

* Know how to control your emotions: it's very important that you know how to control your emotions like fear and greed in trading.

* Know how to manage your risk: knowledge and emotional control gives you money, but proper risk management skill protect your money and your gains

most mistakes of traders are;

* Thinking it's a get rich quick scheme or thinking that it's easy.

* Having no proper training in the craft to attain knowledge about it.

* Watching one two or three video's on YouTube by one YouTube influencer and think they are ready for it or thinking they have known the craft.

* Having no experience traders that is good in the craft to guide them.

Those who fail the most in trading platforms are those who think they are the most knowledgeable with little knowledge of trading platforms. There are many traders who acquire little knowledge of the trading platform and think themselves to be super knowledgeable who fail the most in the trading platform.  Besides, there are some other reasons for failure in trading platform. One of the reasons is excessive greed. Those who have excessive greed fail more in trading platform. Also, those who jump into trading platform without analyzing the market also fail in trading platform. Every trader should remember some strategies. If a trader can follow some strategies, he will not fail much in the trading platform. But strategies include not being overly greedy, not trading with emotion, and trading with an understanding of market volatility.

[Bloodseekers]

Those who fail the most in trading platforms are those who think they are the most knowledgeable with little knowledge of trading platforms. There are many traders who acquire little knowledge of the trading platform and think themselves to be super knowledgeable who fail the most in the trading platform.  Besides, there are some other reasons for failure in trading platform. One of the reasons is excessive greed. Those who have excessive greed fail more in trading platform. Also, those who jump into trading platform without analyzing the market also fail in trading platform. Every trader should remember some strategies. If a trader can follow some strategies, he will not fail much in the trading platform. But strategies include not being overly greedy, not trading with emotion, and trading with an understanding of market volatility.

When someone decides to trade even though they only have a little knowledge about trading and consider themselves to have a lot of knowledge about trading, of course this is very stupid and of course this will make them experience losses on the trades they will make and this will continue until they realize the mistake they made.

Greed is not a good thing in many ways, including trading, because everyone who trades with greed will of course not be able to make the right decisions in trading and also they will not be able to analyze the market well so they often miss out on the profits they have made. obtained when trading.

[poodle63]

When someone decides to trade even though they only have a little knowledge about trading and consider themselves to have a lot of knowledge about trading, of course this is very stupid and of course this will make them experience losses on the trades they will make and this will continue until they realize the mistake they made.

Greed is not a good thing in many ways, including trading, because everyone who trades with greed will of course not be able to make the right decisions in trading and also they will not be able to analyze the market well so they often miss out on the profits they have made. obtained when trading.

honestly if someone so lack in knowledge when in trading they could compensate by using trading signal but then again finding reliable trading signal is like finding needle in the haystack.
often time we gonna be misled with some fake information and become exit liquidity for those people so its not really a good thing either.
the best thing to do is by accumulating knowledge so that we can know whether an information is a fake information and make our own analysis because its often time become crucial.
even more so for newbies, greed and lack knowledge I think quite frequently goes together when newbie trying to trades. because their lack of knowledge is the reason they become so greedy buying at peak when coin is having some big rally and then losing all their money because reaching peak mean the coin vulnerable to sudden flash dumping.
this is the reason why most people fail in trading, because 90% quit because they don't have enough knowledge to make profit.

[Yaqs15]

most mistakes of traders are;

* Thinking it's a get rich quick scheme or thinking that it's easy.

* Having no proper training in the craft to attain knowledge about it.

* Watching one two or three video's on YouTube by one YouTube influencer and think they are ready for it or thinking they have known the craft.

* Having no experience traders that is good in the craft to guide them.

actually these are most of the common mistakes made by traders. Apart from the above mistakes, some of them even trade by assumptions, they will try to predict the future market by assuming that so and so will happen in the next market without rigid and basic knowledge about it.

[Fredomago]

Trading is not a get rich quick scheme as most newbie think, it's more difficult that we all can imagine, but their is always a way to navigate your way in trading so  as to come out profitable.
The main reason why most trader fail in trading is that they are not trained in the craft, most experience traders as they call their self don't even know how to identify the least support and resistance, talkless of knowing how to react when they see some certain chart pattern or candle stick pattern.
The skills I  believe that are  required to come out profitable in trading are;

* Knowledge: know the craft, know what you are doing, don't trade on assumption.

* Know how to control your emotions: it's very important that you know how to control your emotions like fear and greed in trading.

* Know how to manage your risk: knowledge and emotional control gives you money, but proper risk management skill protect your money and your gains

most mistakes of traders are;

* Thinking it's a get rich quick scheme or thinking that it's easy.

* Having no proper training in the craft to attain knowledge about it.

* Watching one two or three video's on YouTube by one YouTube influencer and think they are ready for it or thinking they have known the craft.

* Having no experience traders that is good in the craft to guide them.

Those who fail the most in trading platforms are those who think they are the most knowledgeable with little knowledge of trading platforms. There are many traders who acquire little knowledge of the trading platform and think themselves to be super knowledgeable who fail the most in the trading platform.  Besides, there are some other reasons for failure in trading platform. One of the reasons is excessive greed. Those who have excessive greed fail more in trading platform. Also, those who jump into trading platform without analyzing the market also fail in trading platform. Every trader should remember some strategies. If a trader can follow some strategies, he will not fail much in the trading platform. But strategies include not being overly greedy, not trading with emotion, and trading with an understanding of market volatility.

It's always best to earn knowledge and use it for your trading as there are many factors that may affects your decision making and yes, like what you said, greed mostly conquer you and manipulate your decision, once you follow that greed it will start directing you and commanding and instead being contented with small earnings you'll choose to push for much larger and eventually you'll lose your position,  part of that is the volatile nature of this business.

You can't just ignore the quick pump or the quick dump and your usual reactions is to move according to the trend hypes, and that's the worst thing in trading, emotions should not be tolerated but instead use the earn learning and follow your setup strategy from time to time.

[Denamen]

Because many people don't know what to do in the crypto market. Then they think they just need to follow the crowd or follow some whale. And in the end, whales don't show all they do to get rich on trading, so we fail and follow the crowd? Sometimes the crowd is just food for the whale wallet. So it makes most people who follow the crowd fail too.

[Ricardo11]

Usually those who get greedy and don't know anything about trading are the ones who lose the most. They first take little idea of trading and after that they get greedy and start trading using money in trading, so they only lose. They start trading without acquiring full knowledge about trading. They should first know everything about trading well, research every aspect of trading well. And trading by researching the market well without being greedy, and trading by presenting the basics of trading well. They need to understand that trading without proper trading skills will only lead them to lose.

[Jessie2121]

There are many things that makes one fail in trading, lack of planning no strategy and also lack of patience can make even the best trader to fail. You see someone who believe he or she can do better than the other getting involved without seeking for advise may lead to massive failure, some even thinks it has to do with luck but no way, it doesn't have to work the way it does for the next person.
If you don't accept that you know less about something you only meet your down fall, and in this crypto world to succeed you have to get the best in the business to school you to know more, without that all won't go well with you trading if you're not careful.

Jumping into trading without understanding the entire concept of trading and getting impatient quickly is one of the reasons for failure in trading.  The first things that have a high impact on trading are not to panic, control emotions and be an expert in analysis. If you follow these things, there will be less chance of failure in trading. no one can guarantee that a trader will succeed in all his trades, but the more expert he is, the less likely he is to fail.

People do get into trading without having any idea about what the hell it is they're getting into just for the sake of "others are doing it", some times is a way of making it very fast to start spending and all that.
Some if not all, lose control when what they're expecting is not what they're getting before you know it they start panicking and is there you'd see them making unexpected research on who to help them out if the shit they're into. Sometimes too is pride that get people to engage in trading they know nothing about, is like the want to prove a point that they can do it and they know it all, if Mr A can do it I too can do it.

[cryptoWODL]

Usually those who get greedy and don't know anything about trading are the ones who lose the most. They first take little idea of trading and after that they get greedy and start trading using money in trading, so they only lose. They start trading without acquiring full knowledge about trading. They should first know everything about trading well, research every aspect of trading well. And trading by researching the market well without being greedy, and trading by presenting the basics of trading well. They need to understand that trading without proper trading skills will only lead them to lose.

Yes maybe that's why everyone is asked to acquire detailed knowledge about trading before trading. When you are fully experienced in trading you will know how to control greed and emotions in trading. And whenever you are not experienced about trading, greed and emotion will work prominently in you. What is seen in the initial stages of the new traders is that they have little knowledge about trading but greed and emotions work more in them due to which they fail the most while trading.

To learn trading or to trade correctly, a lot of market analysis must be done and the basic contents related to trading must be well mastered so that no mistakes are made while trading. However, those who learn trading in the initial stage should create a demo account because besides learning trading, they can increase their trading experience by trading with a demo account.

[KupaCrypto]

Like you have Said, some people take trading as a quick path to riches, though it might sound true , but trading goes beyond getting rich in less distance time, I was talking to someone and he told me that there was money in trading, but I shouldn't be greedy and u shouldn't be in a rush,  while most traders Fail is they don't dedicate more time in researches and knowing what they ought to have known, they just learn the basis of trading and then start Investing,

Experience traders hardly fail , because no matter what the situation is like they must have a solution to counter it,  most persons also give up after one or two bad experiences which is not good, the bad experiences are the foundation of a good trader because experiences are good teachers,

[Jody.Drummer]

Ignorance and lack of experience are the main problems here, and also in addition they are usually people who are in a hurry because they are too focused on profit opportunities. I understand that all traders have the intention and goal of making a profit in the world of trading but you need to go through several phases that are not easy before you are finally able to really make a profit consistently. Trading is not a place that can turn your fate into a rich man in an instant, because obviously if you think rationally then I'm sure you will say that trading is a very difficult profession especially in terms of living and going through the process.

Trading is the same as building your own business but the difference is that it is invisible, unlike when you build a business that is physically visible because we are here engaged in the online field where we are someone who works in front of the screen to make a profit, but still in terms of preparation it is the same as when you run a regular business, where you need to have a strategy to generate profits, risk management such as TP and SL to minimize possible losses, management, self-control and good emotional control as well as mental and psychological strength, and I believe that the people who end up failing are those who fail to prepare and control themselves which is always the problem is that it is difficult to ignore the greed aspect which makes the session end up with more losses and it creates a lot of tension and further worries that make them experience significant pressure due to losses.

[Rockstarguy]

Usually those who get greedy and don't know anything about trading are the ones who lose the most. They first take little idea of trading and after that they get greedy and start trading using money in trading, so they only lose. They start trading without acquiring full knowledge about trading. They should first know everything about trading well, research every aspect of trading well. And trading by researching the market well without being greedy, and trading by presenting the basics of trading well. They need to understand that trading without proper trading skills will only lead them to lose.

This is the problem some beginners do have with trading, they believe the little knowledge they have in trading can make themti be successful in trading. The reason why some people don't take their time to learn trading well is just because of greed of making more money from trading, they feel with the little understanding they have concerning trading it is enough to give them profit. Greed is the reason why most trader lose in the market because they are too inquisitive to make profit.  

[Ben Barubal]

     There are others, like newbies, who only know a little about trading; they feel like they already know a lot; they feel like they have it all; then, when they lose their capital, they blame crypto, or else they say that crypto is a scam. That's how narrow-minded others are, so no wonder they lost their capital.

     Too excited and in a hurry to make money in crypto, some newbies will say that there are no traders in crypto who don't aim to make money, given the fact that what was said is true, but in reality, it is not true that it is easy to make money in crypto. Instead, it should really be studied. They should first ask if the traders or experts can take longer than others if they learned trading understanding easily. `

[Fatunad]

     There are others, like newbies, who only know a little about trading; they feel like they already know a lot; they feel like they have it all; then, when they lose their capital, they blame crypto, or else they say that crypto is a scam. That's how narrow-minded others are, so no wonder they lost their capital.

     Too excited and in a hurry to make money in crypto, some newbies will say that there are no traders in crypto who don't aim to make money, given the fact that what was said is true, but in reality, it is not true that it is easy to make money in crypto. Instead, it should really be studied. They should first ask if the traders or experts can take longer than others if they learned trading understanding easily. `

Newbie could really be determined on different types;

• Zero knowledge newbie
• Aware of trading but totally dont know on how things works

Failures and mistakes are really just that part of the learning process. Come to think that even professionals do lose money. Thing here is that you do really know on what you should gonna do.
Fail is inevitable, the only thing you would really be needing to consider is that you do neither continue or completely stop. It would really be just that depending into your risk appetite since not all would really be able to
accept into those things that they are really that dealing with.

Dealing with volatile market does involved those ups and downs or simply a roller coaster ride. If you cant be able to bare up with the risks then this is where
people would really be deciding on stopping. Some do succeed some do fail and its just like other things in life on which there are things arent meant for us no matter how hard we do.

[Natsuu]

Too excited and in a hurry to make money in crypto, some newbies will say that there are no traders in crypto who don't aim to make money, given the fact that what was said is true,

Yes that's true. You truly need a dream to fuel your passion and the process. A very clear picture of that. But the problem is, many get caught of that and they focuses to much on the reward rather than the process. And the process for trading is too long, steep, and challenging. If you get cocky and greedy, you will lose it all. If you get too calm, you will get bored and not perform. SO you got to be in the middle, in the process, in which your focus is to improve your trading and your life. Because you cannot have commitment in trading if you don't have attended commitment in real life.

Many says they know that trading is a long journey, yet most of them not really accepted that fact. They want shortcut. They want to flip $10 - to 1$0000 right away seven days after discovering trading. Doesn't work that way.

[Fredomago]

Usually those who get greedy and don't know anything about trading are the ones who lose the most. They first take little idea of trading and after that they get greedy and start trading using money in trading, so they only lose. They start trading without acquiring full knowledge about trading. They should first know everything about trading well, research every aspect of trading well. And trading by researching the market well without being greedy, and trading by presenting the basics of trading well. They need to understand that trading without proper trading skills will only lead them to lose.

This is the problem some beginners do have with trading, they believe the little knowledge they have in trading can make themti be successful in trading. The reason why some people don't take their time to learn trading well is just because of greed of making more money from trading, they feel with the little understanding they have concerning trading it is enough to give them profit. Greed is the reason why most trader lose in the market because they are too inquisitive to make profit.  

That kind of mentality which most of the time leads those traders to failed from this venue, little knowledge is enough to learn more there are always changes that will happened as trading is a place where competitions is everywhere, you can't just lean with basic and common knowledge as it's already knew by many, and it will easier to be intercept by other traders who's trading around you.

You need that deeper understanding to make sure that you are in-control both your emotions and how you are managing your finances.

[Yukyzu]

This is the problem some beginners do have with trading, they believe the little knowledge they have in trading can make themti be successful in trading. The reason why some people don't take their time to learn trading well is just because of greed of making more money from trading, they feel with the little understanding they have concerning trading it is enough to give them profit. Greed is the reason why most trader lose in the market because they are too inquisitive to make profit.  

Every beginner, of course, will continue to make mistakes if they do not have good knowledge of the trading they do and it is important for them to learn trading in order to achieve success when trading and for those who do not take their time to learn trading, of course they will find it very difficult. to be able to profit from the trades they make because they do not make trades based on good knowledge about trading so they force themselves to trade which makes them experience losses.

Greed of course will make someone unable to analyze the market well and if they don't do research before deciding to choose the type of coin they will trade then it will be very difficult for them to make a profit from the trades they make.

[nara1892]

Usually those who get greedy and don't know anything about trading are the ones who lose the most. They first take little idea of trading and after that they get greedy and start trading using money in trading, so they only lose. They start trading without acquiring full knowledge about trading. They should first know everything about trading well, research every aspect of trading well. And trading by researching the market well without being greedy, and trading by presenting the basics of trading well. They need to understand that trading without proper trading skills will only lead them to lose.

This is the problem some beginners do have with trading, they believe the little knowledge they have in trading can make themti be successful in trading. The reason why some people don't take their time to learn trading well is just because of greed of making more money from trading, they feel with the little understanding they have concerning trading it is enough to give them profit. Greed is the reason why most trader lose in the market because they are too inquisitive to make profit.  

That kind of mentality which most of the time leads those traders to failed from this venue, little knowledge is enough to learn more there are always changes that will happened as trading is a place where competitions is everywhere, you can't just lean with basic and common knowledge as it's already knew by many, and it will easier to be intercept by other traders who's trading around you.

You need that deeper understanding to make sure that you are in-control both your emotions and how you are managing your finances.

Everything is always because of "too much haste", I understand that everyone comes with the aim of making a profit but there are some people who know the right way to be able to make that profit, and there are also some of them who are too hasty which makes them trade without being based on the right knowledge and knowledge because they are too greedy and too focused on the idea of wanting to get rich quickly so that in the end instead of getting profits but instead they experience the opposite which is where they even experience the amount of losses that are sometimes quite large.

That's right, in trading when you have a lot of knowledge and knowledge then you will be easier to find profits, but all of that you will only be able to get when you have qualified knowledge and knowledge which means that in the early stages we should not focus first on profits but the actions we should take at the beginning are to learn more seriously about everything you don't know that has the potential to increase profit opportunities because when you already have enough knowledge and experience then that's what will lead you to a lot of profits.

[dunfida]

Usually those who get greedy and don't know anything about trading are the ones who lose the most. They first take little idea of trading and after that they get greedy and start trading using money in trading, so they only lose. They start trading without acquiring full knowledge about trading. They should first know everything about trading well, research every aspect of trading well. And trading by researching the market well without being greedy, and trading by presenting the basics of trading well. They need to understand that trading without proper trading skills will only lead them to lose.

This is the problem some beginners do have with trading, they believe the little knowledge they have in trading can make themti be successful in trading. The reason why some people don't take their time to learn trading well is just because of greed of making more money from trading, they feel with the little understanding they have concerning trading it is enough to give them profit. Greed is the reason why most trader lose in the market because they are too inquisitive to make profit.  

That kind of mentality which most of the time leads those traders to failed from this venue, little knowledge is enough to learn more there are always changes that will happened as trading is a place where competitions is everywhere, you can't just lean with basic and common knowledge as it's already knew by many, and it will easier to be intercept by other traders who's trading around you.

You need that deeper understanding to make sure that you are in-control both your emotions and how you are managing your finances.

Everything is always because of "too much haste", I understand that everyone comes with the aim of making a profit but there are some people who know the right way to be able to make that profit, and there are also some of them who are too hasty which makes them trade without being based on the right knowledge and knowledge because they are too greedy and too focused on the idea of wanting to get rich quickly so that in the end instead of getting profits but instead they experience the opposite which is where they even experience the amount of losses that are sometimes quite large.

That's right, in trading when you have a lot of knowledge and knowledge then you will be easier to find profits, but all of that you will only be able to get when you have qualified knowledge and knowledge which means that in the early stages we should not focus first on profits but the actions we should take at the beginning are to learn more seriously about everything you don't know that has the potential to increase profit opportunities because when you already have enough knowledge and experience then that's what will lead you to a lot of profits.

Lack of patience and doesnt really like to work hard or doesnt like to experience challenges are the ones who are really that too lazy and really loves to take shortcuts or doesnt have that interest on trying out to
go with those basic learnings or methods to learn up themselves. It is really just that there are people who are really that not that patient enough. On the time that they would really be losing money
then this is the time that they would really be having those realizations and this is something that you should have done earlier. Failing or committing errors is really that normal when hovering yourself into the market.
You cant really be directly to be come a professional or someone whose really that good on your first try.

It would really be something that normal to experience on your first try. It is really that normal that mistakes and errors would be experienced because of lacking knowledge and experience.You would
really be having that kind of mindset on fast pacing the learning but not even bothered on thinking on what are the things that should be done first.

[adpinbr]

Yes, people has been feeling in Trading, because of not taking the right step and doing the right thing at the right time and end up losing the cap and also telling all about how Trading is not good for them. Some people may think it is a general problem not know that it’s just something personal, Trading has a lot of steps and understanding my advice is if you want to succeed in trading, you have to come down and do what it takes properly before going into Trading you have to take your time and research to know those things you need to do

[Mahanton]

Yes, people has been feeling in Trading, because of not taking the right step and doing the right thing at the right time and end up losing the cap and also telling all about how Trading is not good for them. Some people may think it is a general problem not know that it’s just something personal, Trading has a lot of steps and understanding my advice is if you want to succeed in trading, you have to come down and do what it takes properly before going into Trading you have to take your time and research to know those things you need to do

*failing you mean.

If you are someone who do love on taking up shortcuts then its likely you are really that putting up yourself into a condition on where loses is really that something more rampant or occurence is even more
comparing into those people who are taking up step by step procedure on learning up things on which we know that this is something that cant really be done so easily.
There would really be those people who are sensible on doing such step without rushing up.

Trading skills cant really be easily acquired or something that you cant really be able to make yourself that tending to handle it out on your first try.
This is something a skill that it would be taking up some time and would really be experiencing tons of loses first before you could really be able to take some good grasps into it.
There are really just people who are really that impulsive or really that too impatient on things.

[BD Technical]

I don't know why everyone misses the actual training or why everyone fails in the training.  There are many people who are earning a lot of money by doing tiffin, or those who are new come and invest a lot of money, brother, without realizing it, you start doing tats in that case.  There are many they can earn.  However, at present, not everyone can earn income because it is not the same for everyone, because if everyone were equal, it would not be easy to earn money.  That's why I'm saying brother, before you edit, you must learn yourself, study, become educated, there is no price for the uneducated.  It's also important for your learning anywhere or your on-the-go learning.  However, in some cases many are not proficient in these matters.