Why do many people fail in trade?

[bettercrypto]

One of the reasons for failure in trading is greed. there are many people who see the market getting pumped and jump on any coin without any thought and research and think it will do well very quickly but they lose them due to panic recruiting. Another class of traders who use leverage trading to make quick profits. Again impatience is one of the reasons for failure in trading.  Because you have to understand how long to hold a coin to get a good quality profit from it.  But many of us are unable to analyze and panic about the price of the coin being dumped and sell them at a loss. these are our biggest mistakes

When someone has greed, of course this will be very detrimental to them when they are trading so that many profits have been missed without any profit from the trade they made and also someone's impatience in trading will also make them lose in trading and it would indeed be better when someone trades they can understand well about trading and how to analyze the market correctly so that they can make a profit from the trades they make.

That's why, as much as possible, let's not let greed enter us while we are trading on an exchange platform, so that the approach we will take in something like this remains normal. And then we must also have a deep understanding of trading as traders.

Let's not engage in trading because we are not sure of what we will do in this matter. We must be sure of what we will do in trading, and our aim is to get profit, not to throw away money.

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[capoeira]

because it actually is freaking hard. An extreme level of concentration, self-control, and patience is necessary.
most will be better off just holding.

[milewilda]

because it actually is freaking hard. An extreme level of concentration, self-control, and patience is necessary.
most will be better off just holding.

Totally hard but doesnt mean that it would be something that will stop people on doing trading because there are ones who are really that loving on taking up some risks that this is why there would really be those people who would really be diving into this venture despite of being that too risky on which we cant really be able to stop them on doing so. Failing? Its part of the process but there are people who doesnt stop despite on experiencing those failures on which they would really still continue since they are really that eager on learning it despite of the hard situation that they are into.

Some would be able to quit and dont look back but there are ones who would really be that continuing no matter what. This isnt something a skill that you could really be able to learnt up with easily.
It takes time and it would really be having that tons of errors and those mistakes that you would really be needing to face on before you would really be able to have a good
grasps into it. yes, its not easy but it doesnt mean that it would be impossible for it to be learnt.

[RockBell]

There are very few people who can master trading knowledge. No matter how experienced you are in trading, there is always something to learn. The reason people fail to trade is because they lack patience. I have seen some people who jumped into trading after learning various courses, tutorials from different companies online. After investing heavily from the start and losing money, they eventually give up. In trading, you have to gain experience by constantly trading with little investment for a long time from the first stage. Again there are many who learn the trade well in the initial stage and start earning good profits. But lost patience and greedily invested more and lost everything. Of course, if you have maximum patience in such actions, you will win from here.

Very few people desire to make money trading but are unwilling to make the necessary sacrifices. And nothing good is easy. If somebody fails to learn, there is no future for that merchant. And they are usually not patient enough to wait for harvest. If you are holding, then hold; if you are trading, then trade with a focal point. After learning and learning then the next investing heavily is not a good idea at all. Why not start gradually then when there is improvement and you have learnt then you can decide to add up money and there as much as possible to play it safe because everything here involves risk.

I am confident that if you follow the proper steps, your risk will be reduced. These classes will teach about risk management. The investor simply wanted to experiment, and the outcomes were not positive, therefore we must all exercise extreme caution when trading.

[Xcode7]

One of the reasons for failure in trading is greed. there are many people who see the market getting pumped and jump on any coin without any thought and research and think it will do well very quickly but they lose them due to panic recruiting. Another class of traders who use leverage trading to make quick profits. Again impatience is one of the reasons for failure in trading.  Because you have to understand how long to hold a coin to get a good quality profit from it.  But many of us are unable to analyze and panic about the price of the coin being dumped and sell them at a loss. these are our biggest mistakes

When someone has greed, of course this will be very detrimental to them when they are trading so that many profits have been missed without any profit from the trade they made and also someone's impatience in trading will also make them lose in trading and it would indeed be better when someone trades they can understand well about trading and how to analyze the market correctly so that they can make a profit from the trades they make.

That's why, as much as possible, let's not let greed enter us while we are trading on an exchange platform, so that the approach we will take in something like this remains normal. And then we must also have a deep understanding of trading as traders.

Let's not engage in trading because we are not sure of what we will do in this matter. We must be sure of what we will do in trading, and our aim is to get profit, not to throw away money.

Controlling yourself is the most difficult thing, greed is different from the trading knowledge that we have studied, so even though we have learned a lot about trading knowledge, it will be in vain if we are not able to control ourselves from greed.
I think experience will be a valuable lesson to control yourself from greed.
In trading, greed is a big factor that will influence everything.

Everyone who trades definitely aims to make a profit, but back to that it is not easy to control one's emotions and as far as I know, between my current environment and the percentage of people I see who fail in trading, it is because they fail to control their emotions (greed) and for those who have not failed because of this, the experience of yourself or others is very valuable to instill in yourself so that you don't experience something similar.

[MarjorieZimmermanGinger]

Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.

Focus, be consistent, learn from your mistakes and think that building an empire takes time.

The biggest mistake people make is not understanding trading patterns so they carry out these activities only relying on ordinary knowledge. In principle, there are risks that need to be considered and management must also be involved in trading. When someone has management, controlling emotions will be much easier and this must be accompanied by knowledge.

Everyone has made mistakes and what makes us more experienced is learning from these mistakes. It takes time and perseverance to achieve success and don't forget to also have knowledge about it. Every mistake becomes a lesson for us to correct and it will get better when we are serious about learning it.

What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.

Patience, managing finances appropriately, studying risk and management, while technical matters are common as most people say. They can increase their knowledge and skills to become accustomed to dealing with the risk of loss and how to recover these losses in the next trade.

[khiholangkang]

Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.

Focus, be consistent, learn from your mistakes and think that building an empire takes time.

The biggest mistake people make is not understanding trading patterns so they carry out these activities only relying on ordinary knowledge. In principle, there are risks that need to be considered and management must also be involved in trading. When someone has management, controlling emotions will be much easier and this must be accompanied by knowledge.

Everyone has made mistakes and what makes us more experienced is learning from these mistakes. It takes time and perseverance to achieve success and don't forget to also have knowledge about it. Every mistake becomes a lesson for us to correct and it will get better when we are serious about learning it.

What are your additions to understanding the learning time for someone who is learning to trade? I think sharing here will benefit those who may be close to giving up in this field.

Patience, managing finances appropriately, studying risk and management, while technical matters are common as most people say. They can increase their knowledge and skills to become accustomed to dealing with the risk of loss and how to recover these losses in the next trade.

And the most difficult to control is emotional control, this will affect everything that has been planned both in time, finances and others if the mentality becomes bad it will be very difficult to be in the market, it will interfere with the development of traders and their principles when in the market, and to build a strong mentality it is not just one or two times trading, must do hundreds maybe we can't even count them in trading and learning to be calm in the process in order to remain able to control emotions or mentally when dealing with the market.

Thanks for the addition, that's a pretty important point that needs to be added and congratulations on practicing what is written in this thread is not easy to do, the edge with perseverance and consistency can definitely get what we want, successful traders.

[JunaidAzizi]

I think the reason is people think trading is very easy and simple.  They thought entering into trading meant a lot of money at a single time and would easily grow. They came to trading with a mindset of the quick rich scheme but when they faced the reality and how much trading is risky and hard they started to fear and be scared.  Other reasons include emotions which also have a great impact on trading. A person who manages to control his anger and greed will succeed in trading.  When a new person comes to trading and earns some money their greedy nature starts rising head and at this stage, they make a mistake cross the limits of their daily trading plan, and face the loss.   

[MarjorieZimmermanGinger]

And the most difficult to control is emotional control, this will affect everything that has been planned both in time, finances and others if the mentality becomes bad it will be very difficult to be in the market, it will interfere with the development of traders and their principles when in the market, and to build a strong mentality it is not just one or two times trading, must do hundreds maybe we can't even count them in trading and learning to be calm in the process in order to remain able to control emotions or mentally when dealing with the market.

Thanks for the addition, that's a pretty important point that needs to be added and congratulations on practicing what is written in this thread is not easy to do, the edge with perseverance and consistency can definitely get what we want, successful traders.

That's true because emotions can explode when people make a profit or when they experience a loss. How to control emotions is an important part of trading and although most people think that emotions will form as experience gets better. When our emotions are excessive, it makes it difficult for us to make decisions in trading and we end up taking shortcuts that will end in losses. Controlling emotions is not easy, but knowledge and experience will make someone understand how to control them better.

The concepts of perseverance and consistency apply wherever people establish themselves for work and these two things will lead to the ability to continue despite experiencing initial setbacks before experience. Yes, it's good to complement each other and maybe the more suggestions the more people will have more choices when deciding on something.

[Bushdark]

because it actually is freaking hard. An extreme level of concentration, self-control, and patience is necessary.
most will be better off just holding.

It is not just hard, one needs to be smart and gather information before going into trading.
Some persons keep agitating that trading is very difficult while there are people making crazy profits from it.
All we need to do as a trader whether new or old is to be patient and learn every aspects of trading so that we could make good amounts from the crypto market. We don't have to be over relaxed as a trader buy we need to keep up with the energy gathering information before we endeavor to enter the market and trade.
 

[stomachgrowls]

One of the reasons for failure in trading is greed. there are many people who see the market getting pumped and jump on any coin without any thought and research and think it will do well very quickly but they lose them due to panic recruiting. Another class of traders who use leverage trading to make quick profits. Again impatience is one of the reasons for failure in trading.  Because you have to understand how long to hold a coin to get a good quality profit from it.  But many of us are unable to analyze and panic about the price of the coin being dumped and sell them at a loss. these are our biggest mistakes

When someone has greed, of course this will be very detrimental to them when they are trading so that many profits have been missed without any profit from the trade they made and also someone's impatience in trading will also make them lose in trading and it would indeed be better when someone trades they can understand well about trading and how to analyze the market correctly so that they can make a profit from the trades they make.

That's why, as much as possible, let's not let greed enter us while we are trading on an exchange platform, so that the approach we will take in something like this remains normal. And then we must also have a deep understanding of trading as traders.

Let's not engage in trading because we are not sure of what we will do in this matter. We must be sure of what we will do in trading, and our aim is to get profit, not to throw away money.

Controlling yourself is the most difficult thing, greed is different from the trading knowledge that we have studied, so even though we have learned a lot about trading knowledge, it will be in vain if we are not able to control ourselves from greed.
I think experience will be a valuable lesson to control yourself from greed.
In trading, greed is a big factor that will influence everything.

Everyone who trades definitely aims to make a profit, but back to that it is not easy to control one's emotions and as far as I know, between my current environment and the percentage of people I see who fail in trading, it is because they fail to control their emotions (greed) and for those who have not failed because of this, the experience of yourself or others is very valuable to instill in yourself so that you don't experience something similar.

Yes, self control when it comes to emotion and control when it comes to mindset on which if these things are somehow you are lacking then most likely or something that guarantee you that you could really be able to make yourself having that be not impulsive on the time that you would really be able to encounter those hardships on which specially this would really be that normal when dealing up with a unpredictable market.
Failures or errors are part of the learning process on which instead you do make yourself that freak out or immediately give up, it would be better that you should really be studying it out.
Failing is not that something that should make you stop but rather you should really that persevere yourself on playing or doing further on because if you cant be able to make yourself that push through
then you wont really be that be able to succeed out.

[armanda90]

That's true because emotions can explode when people make a profit or when they experience a loss. How to control emotions is an important part of trading and although most people think that emotions will form as experience gets better. When our emotions are excessive, it makes it difficult for us to make decisions in trading and we end up taking shortcuts that will end in losses. Controlling emotions is not easy, but knowledge and experience will make someone understand how to control them better.

Loss controlling with emotion bring bad impact for us in trading position, all planning before in trading possibility loss if can't control well with emotion how much limitation price increasing for selling or holding and make decision to stop loss.
The most important key in trading how to control emotion not only with the profitable position but also how to face when price dropping and keep calm for holding without get panic moment for selling.
If some one want to make guide how to be success in trading better put the emotional on the first number, its very important for beginner or an expert in trading can manage or controlling their emotion after getting profitable or losing position.

[nurilham]

because it actually is freaking hard. An extreme level of concentration, self-control, and patience is necessary.
most will be better off just holding.

It is not only about patience and self-control, or concentration. But trading is also about good knowledge and experience.
In my own perception, trading isn't for newbies or new people in crypto. It should be for people who have enough knowledge and they already have experiences in crypto for some months at least. If we are beginners, we are better to choose holding (investment).

In many cases, the beginners directly try to trade with lack of knowledge and experience. In this way, the chance to success in trading is surely very low. Even, we can claim that it is a suicide way of wasting money. They think trading is an easy thing, it is because they are motivated by successful traders. They don't know what the real obstacles and risks in trading.

[khiholangkang]

And the most difficult to control is emotional control, this will affect everything that has been planned both in time, finances and others if the mentality becomes bad it will be very difficult to be in the market, it will interfere with the development of traders and their principles when in the market, and to build a strong mentality it is not just one or two times trading, must do hundreds maybe we can't even count them in trading and learning to be calm in the process in order to remain able to control emotions or mentally when dealing with the market.

Thanks for the addition, that's a pretty important point that needs to be added and congratulations on practicing what is written in this thread is not easy to do, the edge with perseverance and consistency can definitely get what we want, successful traders.

That's true because emotions can explode when people make a profit or when they experience a loss. How to control emotions is an important part of trading and although most people think that emotions will form as experience gets better. When our emotions are excessive, it makes it difficult for us to make decisions in trading and we end up taking shortcuts that will end in losses. Controlling emotions is not easy, but knowledge and experience will make someone understand how to control them better.

The concepts of perseverance and consistency apply wherever people establish themselves for work and these two things will lead to the ability to continue despite experiencing initial setbacks before experience. Yes, it's good to complement each other and maybe the more suggestions the more people will have more choices when deciding on something.

yes you are right, because indeed controlling emotions is to take time to process for a long time, in other words, all storms must be faced and even in the storms that always appear when we are in the lesson to understand how to beat it and when we can beat it then we will find an experience and knowledge in that difficult process, this can be related to any aspect of business in any field, there is always a key where we will find a similar or new gap like experts in the field of trading.

The study of physiology is very difficult, but with the concept of perseverance will find a way, profit and loss is a common thing in trading but many people are not used to failure that makes them quickly give up on this field so that more people fail than succeed.

[AnonBitCoiner]

It is not only about patience and self-control, or concentration. But trading is also about good knowledge and experience.
In my own perception, trading isn't for newbies or new people in crypto. It should be for people who have enough knowledge and they already have experiences in crypto for some months at least. If we are beginners, we are better to choose holding (investment).

In many cases, the beginners directly try to trade with lack of knowledge and experience. In this way, the chance to success in trading is surely very low. Even, we can claim that it is a suicide way of wasting money. They think trading is an easy thing, it is because they are motivated by successful traders. They don't know what the real obstacles and risks in trading.

Exactly newbies will just loss money because trading needs a tough timing and you have a complete command on your trade. Some people believe that if they buy low and sell high then they will get profit but it is not easy as word describes but in reality it needs lots of patience, learning and exposure to the trading in real world.

People just focus on learning but they don't focus on getting experience and directly jump into trading as an aftereffects of which they misspent their money and their each decision is based on nervous pressure.

[gunhell16]

because it actually is freaking hard. An extreme level of concentration, self-control, and patience is necessary.
most will be better off just holding.

Because most of the traders are also stubborn, thinking about the profit they can get, but they don't think that their ideas and knowledge in trading are insufficient and not enough, they wonder why they can't get a profit in trading.

That's why what other community members are saying here in the forum is right: just hold on while learning and studying the trading here in the crypto space because it's not really easy to get right away, to be honest.

[Fatunad]

because it actually is freaking hard. An extreme level of concentration, self-control, and patience is necessary.
most will be better off just holding.

Because most of the traders are also stubborn, thinking about the profit they can get, but they don't think that their ideas and knowledge in trading are insufficient and not enough, they wonder why they can't get a profit in trading.

That's why what other community members are saying here in the forum is right: just hold on while learning and studying the trading here in the crypto space because it's not really easy to get right away, to be honest.

They are on a rush on taking up profits without even trying out to realize on how hard it would be and doesnt bothered on thinking on what are the things that they should do specially on creating some analysis before taking any step. Failing is part of trading and this is why it would be just that right that you do need to adjust accordingly. Trading is never been easy in the first place and you would be needing up that tons of time and tons of trials before you could be able to make yourself that more better in trading. You cant just that make yourself that easily engage into trading without having some loses. Failing is part of learning and the thing you do really need is acceptance and if you are someone who doesnt really accept loses and being that impulsive about it then you are really that subject on failing up this career or venture.It is really that always important that you should really be that someone whose really that good when it comes adjustments and versatility because if you do make yourself that easily giving up then you wont really be seeing yourself that progressive into this space.
This is why it would really be that relevant that whenever you do experience hardship then it is really just that right that you do need to cope up with those things that you do needing to adjust. The important thing on here is that you dont rush up yourself on learning or trying to grasps everything in one single night because this would really be taking up tons of years before you could be able to have a good hold of it or something that do
speak about on trying out to survive into this unpredictable space.

[lalabotax]

Exactly newbies will just loss money because trading needs a tough timing and you have a complete command on your trade. Some people believe that if they buy low and sell high then they will get profit but it is not easy as word describes but in reality it needs lots of patience, learning and exposure to the trading in real world.

People just focus on learning but they don't focus on getting experience and directly jump into trading as an aftereffects of which they misspent their money and their each decision is based on nervous pressure.

Yes, most newbies think it is easy to trade because they only need to buy at the dip and sell at the peak. However, it is not an easy thing when we do the real trading. Sometimes the trend of crypto market can change in a short time. It can be bad news or there are too many supply in the market. This is something not easy to describe, we must understand this through the experience. If we are newbies, we don't have enough experience. So the solution is to learn other people experience. How to learn it? We can read from the articles or watch the videos. There are already many articles and videos that discuss about it.

To gain experience, it is not a must through the things we do ourselves. We can learn it through the experience of other people that they wrote on the articles or they described it through YouTube videos. This is a smart way that we can do now because we have a lot of references. So, there is no reason to have lack of knowledge or experience.

[Sophokles]

In most cases, people don't learn from their mistakes, which is one of the major reasons for their failure. Also, greed is something that can heavily damage a traders ability to take the right action. Not only that, over expectation and baseless predictions is also reasons people fail in trading and quit the industry. This are some common facts, and this is normal too in my opinion as if most of the overcome all these problem then no one will be able to make profits from trading any more.

[Stable090]

I think the reason is people think trading is very easy and simple.  They thought entering into trading meant a lot of money at a single time and would easily grow.

Some people just see tutorial videos on YouTube and they just conclude that trading is easy, but most of the people making videos and posting on YouTube are making videos whenever they are on profit, and they will never post whenever they are in loss. So video’s like this are the once that makes newbies thing trading is very easy and they can easily make money from it, after joining and wasting everything which they deposited, they they will have a clear understanding of what trading is all about. Some will decide to acquire more knowledge, and some will just end up giving up.