Why do many people fail in trade?

[Mahanton]

The thing that many novice traders or people who trade forget is that there are many conditions and understandings that need to be thought about before trading. Many people feel that it is just buying and selling. However, when they feel that it is not just buying and selling, they quit trading because it is difficult.
It is true, that trading is only based on buying and selling, or vice versa. However, they sometimes forget analytical patience, and in-depth research is also very important. As a result, they choose a random time to enter, without doing any analysis, they choose the token or coin they want. then wait, just a few days or weeks. After that sell their assets, and exit trading. I've seen quite a lot of people like that

Yup, trading is not as easy as the theory you learn. Even when a trader has mastered several techniques and learned to trade on a demo account for some time, they still stutter and get nervous when faced with the real market using real money. This proves that trading is not only about analysis, but also psychological factors and self-confidence also influence this. So when a trader is lacking in some of these things, it is certain that they will only waste money in the trading market.

Trading isnt simple and before you could really be able to have a good grasps into it then you would really be still need to pass tons of failures and errors before you could be able to learn.
This market is broad and when it comes to learning then it would be a never ending. This is a journey that the longer you've been able to deal with the more learning that you could really be able to gain up.
There's no problem with failure, the only problem on here is on the time that you would really be just that easily quit up and dont give up your best just because of some few failures.

To those who had been that trading as of now are to those people who had believed that they could be able to overcome up such challenges.Yes, its not easy but its not something that impossible.
The wrong thing with most people is that on the time that they would be facing up some hardships is that they do easily give up and move into another thing which is more simpler
on which they dont really be able to realize that it is really that worth once you do able to get a good hold of it.

[bettercrypto]

The thing that many novice traders or people who trade forget is that there are many conditions and understandings that need to be thought about before trading. Many people feel that it is just buying and selling. However, when they feel that it is not just buying and selling, they quit trading because it is difficult.
It is true, that trading is only based on buying and selling, or vice versa. However, they sometimes forget analytical patience, and in-depth research is also very important. As a result, they choose a random time to enter, without doing any analysis, they choose the token or coin they want. then wait, just a few days or weeks. After that sell their assets, and exit trading. I've seen quite a lot of people like that

Yup, trading is not as easy as the theory you learn. Even when a trader has mastered several techniques and learned to trade on a demo account for some time, they still stutter and get nervous when faced with the real market using real money. This proves that trading is not only about analysis, but also psychological factors and self-confidence also influence this. So when a trader is lacking in some of these things, it is certain that they will only waste money in the trading market.

Trading isnt simple and before you could really be able to have a good grasps into it then you would really be still need to pass tons of failures and errors before you could be able to learn.
This market is broad and when it comes to learning then it would be a never ending. This is a journey that the longer you've been able to deal with the more learning that you could really be able to gain up.
There's no problem with failure, the only problem on here is on the time that you would really be just that easily quit up and dont give up your best just because of some few failures.

To those who had been that trading as of now are to those people who had believed that they could be able to overcome up such challenges.Yes, its not easy but its not something that impossible.
The wrong thing with most people is that on the time that they would be facing up some hardships is that they do easily give up and move into another thing which is more simpler
on which they dont really be able to realize that it is really that worth once you do able to get a good hold of it.

There are others because they think that you just need to know how to buy and sell, and that's it. Then they just guess what the price of the coin they bought will be, which is not how trading in the cryptocurrency industry is. They did not immediately think that there was a lot to consider to understand how to read a chart or graph on an exchange platform, whether it was CEX or DEX.

If that's the case, those who know how to read often still make mistakes and miss their predictions, especially for those who don't know and haven't tried to do it in this field of cryptocurrency that we're living in.

[littlEOwl]

Absolutely, mindset is key in trading. Jumping in without understanding the market or having a plan is like sailing without a map – risky and likely to end in loss. It's not just about being in the market all the time; it's about smart timing and informed decisions. Think of time outside the market as a chance to learn and strategize, not just lost profit. Patience and education are your best tools, not just the rush to make quick money. It's all about trading wisely, not just frequently.

[Zigabel]

The main reason for failure in trading is lack of patience. Because investing in anything you need to be patient. Turns out the market went bearish after you invested. And your investment becomes half of real wealth. Then the market is not going to grow easily. Then you have to be very patient for the next bull market to come.

The concept of patience in trading is something most persons seem not to have really come in terms with and so they most likely fail most times trying to get on the trend trying to make sure the make profit off every opportunity the market presents forgetting that not every opportunity the market presents that's really going to be profitable especially if it's not in line with all your entry parameters, it's better not to take a trade at all than to take a bad trade, if you are patient, the market will always present you with a better opportunity to winning trades that can be much more profitable than you would have gotten with taking just any trades.

Waiting for the market to come to you and then applying proper risk management with a good lot size will get you to your breakthrough in the market much faster and easier than just jumping on every opportunity you see the market presenting.

[Finestream]

I think some trader fail in trading trough several aspect, some of them lack knowledge with cryptocurrency and don't know well when is the best time for selling and buying. But there are have many trader with well knowledge with cryptocurrency but most of them greedy when their portfolio investment assets have been increased up but keep hold it without take profit before going to lower price.
Emotional controlling is the most important aspect why many trader fail in trading, they can't controlling well with their emotion without prefer analyze before selling some coins.

If you want trade in cryptocurrency watch out with your emotional and have more patience controlling, you can't success in trading if emotional on the first way although you are an expert in cryptocurrency.

One who loses his self-control over his trades is not an expert trader. He can be good at times, but most of the time he ends up a bad trader and lose from his position. However, trading may have its own inevitable losses but if you are a trader with good emotional control, you can prevent the situation from making consistent losses but will manage to maximize his gains instead.

While trading can be highly risky, but there are still few successful people who managed to consistently win from their trades. They may not be well knowledgeable and well-experienced in trading, but they are highly patient and are able to wait for best time to trade without letting their greed control them.

[stomachgrowls]

I think some trader fail in trading trough several aspect, some of them lack knowledge with cryptocurrency and don't know well when is the best time for selling and buying. But there are have many trader with well knowledge with cryptocurrency but most of them greedy when their portfolio investment assets have been increased up but keep hold it without take profit before going to lower price.
Emotional controlling is the most important aspect why many trader fail in trading, they can't controlling well with their emotion without prefer analyze before selling some coins.

If you want trade in cryptocurrency watch out with your emotional and have more patience controlling, you can't success in trading if emotional on the first way although you are an expert in cryptocurrency.

One who loses his self-control over his trades is not an expert trader. He can be good at times, but most of the time he ends up a bad trader and lose from his position. However, trading may have its own inevitable losses but if you are a trader with good emotional control, you can prevent the situation from making consistent losses but will manage to maximize his gains instead.

While trading can be highly risky, but there are still few successful people who managed to consistently win from their trades. They may not be well knowledgeable and well-experienced in trading, but they are highly patient and are able to wait for best time to trade without letting their greed control them.

Self control is really indeed crucial plus having that kind of versatility and awareness on the things which is happening around because if you wont really be having that kind of quality then you would really be continuing on making mistakes all over again and again or simply you wont really be able to see any sense of progress when it comes to your trading career or path. Sooner or later you would really be able to realize on how important these aspects are because once you do have that control then you would be making out those adjustments, on the time that you do make out adjustments then your mind is cleared up and you do have already the idea on what you should gonna do.

Although this might sounds basic but doing such stuff on the process is already that a very huge challenge for trader. You would really be needing that mind control plus
having that emotional control as well if you do really like to find yourself to have that kind of progress that you are seeking. You cant really just that make yourself
that too confident on things just because you have done a few successful trades.

[gabbie2010]

The main reason for failure in trading is lack of patience. Because investing in anything you need to be patient. Turns out the market went bearish after you invested. And your investment becomes half of real wealth. Then the market is not going to grow easily. Then you have to be very patient for the next bull market to come.

Of course when a trader didn't wait for the price to reach their trading set-up due to impatience would often resulted to loses with reference to day or swing trader, some traders incurred losses due to early entry or late entry all due to not being patient, meanwhile in the case investing in crypto an investor after investing would have to wait till the bull season unfortunately there are plenty newbies with a mindset of earning huge profit quickly after investment whereas were disappointed when the price of their invested coin dumped thus sell off of their remaining portfolio forgetting that investment in crypto requires patience.

[deathcode]

The main reason for failure in trading is lack of patience. Because investing in anything you need to be patient. Turns out the market went bearish after you invested. And your investment becomes half of real wealth. Then the market is not going to grow easily. Then you have to be very patient for the next bull market to come.

Of course when a trader didn't wait for the price to reach their trading set-up due to impatience would often resulted to loses with reference to day or swing trader, some traders incurred losses due to early entry or late entry all due to not being patient, meanwhile in the case investing in crypto an investor after investing would have to wait till the bull season unfortunately there are plenty newbies with a mindset of earning huge profit quickly after investment whereas were disappointed when the price of their invested coin dumped thus sell off of their remaining portfolio forgetting that investment in crypto requires patience.

it happens when beginners in trading don't know how to trade properly. what they understand is to trade by buying cheap and selling when the price rises. they don't understand how to act when the situation doesn't go according to plan.
More traders feel they are already very good at trading when they manage to make a profit in their first few trades. but actually, they don't know the market situation well.

[Bushdark]

The main reason for failure in trading is lack of patience. Because investing in anything you need to be patient. Turns out the market went bearish after you invested. And your investment becomes half of real wealth. Then the market is not going to grow easily. Then you have to be very patient for the next bull market to come.

The concept of patience in trading is something most persons seem not to have really come in terms with and so they most likely fail most times trying to get on the trend trying to make sure the make profit off every opportunity the market presents forgetting that not every opportunity the market presents that's really going to be profitable especially if it's not in line with all your entry parameters, it's better not to take a trade at all than to take a bad trade, if you are patient, the market will always present you with a better opportunity to winning trades that can be much more profitable than you would have gotten with taking just any trades.

Waiting for the market to come to you and then applying proper risk management with a good lot size will get you to your breakthrough in the market much faster and easier than just jumping on every opportunity you see the market presenting.

Greed and patience has been one of the reasons why we keep seeing people failing for nothing. We need to have the patience in us to wait for the market to click to our strategy before we go fully into trading but because we want to make fast profits in the market, this alone can trigger us to keep trading without understanding the reasons why we decide to go fully into the market.
There are many things that could make us keep losing in the market and having a failed trades.

[stadus]

The main reason for failure in trading is lack of patience. Because investing in anything you need to be patient. Turns out the market went bearish after you invested. And your investment becomes half of real wealth. Then the market is not going to grow easily. Then you have to be very patient for the next bull market to come.

Of course when a trader didn't wait for the price to reach their trading set-up due to impatience would often resulted to loses with reference to day or swing trader, some traders incurred losses due to early entry or late entry all due to not being patient, meanwhile in the case investing in crypto an investor after investing would have to wait till the bull season unfortunately there are plenty newbies with a mindset of earning huge profit quickly after investment whereas were disappointed when the price of their invested coin dumped thus sell off of their remaining portfolio forgetting that investment in crypto requires patience.

If a trader is not ready to trade, he will certainly endure consistent losses. Being ready means he’s fully aware that not only knowledge and skills are vital in trading, but one should also learn to be more patient and less greedy. This is not easy to achieved  but if you are determined to trade successfully, you must have to increase your patience and control your greed, these will contribute a lot to the success of your trades. When you are patient enough, consistent learning in the market will also be possible. One loss is not reasonable to quit, but if you keep on losing on majority of your trades even if you have been trading for quite long, think about it, hodling might be more suitable for you.

[Zanab247]

Another thing the traders should have is a plan. Many of the traders do trade on emotions and gut feeling rather than having a proper plan to take profits or stop loss.
An example of myself when I first started leveraged trading, I put my bet on a coin and on my first time it hit it's higher point at 4 hours since I bought. I was so happy with that 20% profit that I invested both my principal and profit on the same coin at a larger leverage. I should have thought there ought to be a correction after a price jump but I did everything cause I didn't had a plan.

I guess is impatience that is making some traders not to succeed at the end of their trading because, if you trade when the price is high in the market, it will allow you to display some positive results from the market because that is the best season traders use to achieve profits.

 Many new traders always experience some challenges from their trading because they are not yet mature in the crypto trading and, once they are mature by achieved the knowledge of trading to achieve profits and remain in profits making will be possible for them.

[BABY SHOES]

Another thing the traders should have is a plan. Many of the traders do trade on emotions and gut feeling rather than having a proper plan to take profits or stop loss.
An example of myself when I first started leveraged trading, I put my bet on a coin and on my first time it hit it's higher point at 4 hours since I bought. I was so happy with that 20% profit that I invested both my principal and profit on the same coin at a larger leverage. I should have thought there ought to be a correction after a price jump but I did everything cause I didn't had a plan.

I guess is impatience that is making some traders not to succeed at the end of their trading because, if you trade when the price is high in the market, it will allow you to display some positive results from the market because that is the best season traders use to achieve profits.

 Many new traders always experience some challenges from their trading because they are not yet mature in the crypto trading and, once they are mature by achieved the knowledge of trading to achieve profits and remain in profits making will be possible for them.

Patience, emotion, greed and undiscipline then it can destroy your trading, human nature will not be separated from it because when for example it has been for with 20% with the leverage you choose then to decide not to take profits by taking over the price will continue to rise, precisely what happens the price becomes a correction that was for it to become a loss because there is no target plan means it is undisciplined and also greedy.

When trading in the right disciplined way I'm sure he will have a profit even if it's just a little but it will already meet the desired target whereas if you want more then your plan can change because the price drops.
There are many factors in trading including skills which are more important, if there is no knowledge in this then it will be difficult to determine the profit.

[Hypnosis00]

Another thing the traders should have is a plan. Many of the traders do trade on emotions and gut feeling rather than having a proper plan to take profits or stop loss.
An example of myself when I first started leveraged trading, I put my bet on a coin and on my first time it hit it's higher point at 4 hours since I bought. I was so happy with that 20% profit that I invested both my principal and profit on the same coin at a larger leverage. I should have thought there ought to be a correction after a price jump but I did everything cause I didn't had a plan.

I guess is impatience that is making some traders not to succeed at the end of their trading because, if you trade when the price is high in the market, it will allow you to display some positive results from the market because that is the best season traders use to achieve profits.

 Many new traders always experience some challenges from their trading because they are not yet mature in the crypto trading and, once they are mature by achieved the knowledge of trading to achieve profits and remain in profits making will be possible for them.

In general, the lack of preparation is the main reason why a trader has failed in the wants to succeed in trading. Some people had just jumped into trading because of the influence of social media and even from friends, and I say this is a big mistake knowing that trading won't simply just work without proper preparation.

In fact, there is no easy money in trading far from what other people are thinking. Because if that is too easy, nobody will suffer losses and failure but success. That is why I have no wonder why a lot of people lose their money because, in the first place, they underestimate the volatility of the market. Most of us just start learning trading when have already suffered losses which is not a good practice, and I believe a lot of people are doing this.

[EarnOnVictor]

Absolutely, mindset is key in trading. Jumping in without understanding the market or having a plan is like sailing without a map – risky and likely to end in loss. It's not just about being in the market all the time; it's about smart timing and informed decisions. Think of time outside the market as a chance to learn and strategize, not just lost profit. Patience and education are your best tools, not just the rush to make quick money. It's all about trading wisely, not just frequently.

Bro, as simple as your post is, you covered a lot with it and truly if traders can follow your advice, it will be well with them. However, permit me to break the main reasons why traders fail in trading into parts, which are;

1. The lack of knowledge or proper knowledge.
2. Poor/improper training on what the trader knows to achieve a trading system.
3. Lack of proper money and risk management.
4. Lack of coordination of what the trader knows and trains about to form a viable plan with them. And finally,
5. Poor trading psychology.

In my long years of trading experience and teaching/tutoring, I discovered that the main problems of traders dangle between 3, 4 & 5, especially the 5th one. If traders can take care of the three and are disciplined/determined towards them, I am certain that success is closer for such traders.

[OcTradism]

However, permit me to break the main reasons why traders fail in trading into parts, which are;

1. The lack of knowledge or proper knowledge.
2. Poor/improper training on what the trader knows to achieve a trading system.

If a trader starts a trading journey without learning, without knowledge, without training, that trader is actually a degen gambler, not a true trader.

3. Lack of proper money and risk management.
4. Lack of coordination of what the trader knows and trains about to form a viable plan with them. And finally,
5. Poor trading psychology.

In my long years of trading experience and teaching/tutoring, I discovered that the main problems of traders dangle between 3, 4 & 5, especially the 5th one. If traders can take care of the three and are disciplined/determined towards them, I am certain that success is closer for such traders.

They usually have two first bad contributors too.

Some did learn, got knowledge, experienced training but they failed to do proper trading with other three bad contributors, 3 to 5.

Psychology is important in trading and a trader must know about general psychology of market cycles and of the Bitcoin market cycle too. Understanding about it well will increase chance to control his own emotion, psychology during this trading time in the market. It's not guarantee for success but can increase chance to succeed a lot.

[leonair]

The main reason for failure in trading is lack of patience. Because investing in anything you need to be patient. Turns out the market went bearish after you invested. And your investment becomes half of real wealth. Then the market is not going to grow easily. Then you have to be very patient for the next bull market to come.

The concept of patience in trading is something most persons seem not to have really come in terms with and so they most likely fail most times trying to get on the trend trying to make sure the make profit off every opportunity the market presents forgetting that not every opportunity the market presents that's really going to be profitable especially if it's not in line with all your entry parameters, it's better not to take a trade at all than to take a bad trade, if you are patient, the market will always present you with a better opportunity to winning trades that can be much more profitable than you would have gotten with taking just any trades.

Waiting for the market to come to you and then applying proper risk management with a good lot size will get you to your breakthrough in the market much faster and easier than just jumping on every opportunity you see the market presenting.

Greed and patience has been one of the reasons why we keep seeing people failing for nothing. We need to have the patience in us to wait for the market to click to our strategy before we go fully into trading but because we want to make fast profits in the market, this alone can trigger us to keep trading without understanding the reasons why we decide to go fully into the market.
There are many things that could make us keep losing in the market and having a failed trades.

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

[husencoe]

1. The lack of knowledge or proper knowledge.
2. Poor/improper training on what the trader knows to achieve a trading system.
3. Lack of proper money and risk management.
4. Lack of coordination of what the trader knows and trains about to form a viable plan with them. And finally,
5. Poor trading psychology.

I also think the point number 3, 4 and 5 are the big problems that make many traders fail. Usually they do not manage risk well and do not do analysis and make a good plan about how many assets they want to trade, where they will enter, when they will exit and how much profit they will get. If they have made this plan, they just have to follow it because everything has been planned.

Point 5 will happens because there is no plan from the start so they don't know when to take profit. They keep hoping the price will continue to rise until the price has fall and only get a cut in profits.

[Essential10]

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.

[pusaka]

Absolutely, mindset is key in trading. Jumping in without understanding the market or having a plan is like sailing without a map – risky and likely to end in loss. It's not just about being in the market all the time; it's about smart timing and informed decisions. Think of time outside the market as a chance to learn and strategize, not just lost profit. Patience and education are your best tools, not just the rush to make quick money. It's all about trading wisely, not just frequently.

Bro, as simple as your post is, you covered a lot with it and truly if traders can follow your advice, it will be well with them. However, permit me to break the main reasons why traders fail in trading into parts, which are;

1. The lack of knowledge or proper knowledge.
2. Poor/improper training on what the trader knows to achieve a trading system.
3. Lack of proper money and risk management.
4. Lack of coordination of what the trader knows and trains about to form a viable plan with them. And finally,
5. Poor trading psychology.

In my long years of trading experience and teaching/tutoring, I discovered that the main problems of traders dangle between 3, 4 & 5, especially the 5th one. If traders can take care of the three and are disciplined/determined towards them, I am certain that success is closer for such traders.

The points you came up with do happen and they are based on my experience and I am sure there are many people who also have the same experience or at least see mistakes that make their trades end in losses.
If we can implement something that we should do, then it will prevent us from excessive losses. Trading will always have 2 sides, the first is profit and the second is loss. We can't just keep making profits, we will definitely experience losses. However, what is different is that when we can understand the knowledge in trading, we will be better able to avoid the risk of loss.
This very often happens to those who think that trading is a quick way to make money, and they actually feel the opposite.

[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.