Don't do this mistakes in trading

[AakZaki]

Committing mistakes is normal but committing the same mistake all over again and again is somewhat not good anymore as it looks like we are not learning nor we would like to change. Many people had learned from their mistakes in the past so they improved and became successful. I think that committing mistakes is a good tool to make someone push themselves to learn more and become careful in their actions. More experience, more mistakes but on the other hand, it creates also more learnings.

You are right about that opinion, making lots of mistakes will be a good lesson. But sometimes someone cannot escape from these mistakes and always repeats them. This also depends on how mentally they carry out trading. It won't improve if you can't train your mentality, you always panic and even sell when prices crash. I always try to use the losses that occur as a reference for the future and mark these mistakes. so the profits will be more than the losses.

[1714558820]

1714558820

[1714558820]

1714558820

[Bushdark]

The two things you mention are pay less and second is a greedy nature both have a great potential to destroy your trading career before start. In the mind of newcomers borrow money from someone for a few days and in these few days they will make it double this is because of the misguidance they hear from friends or YouTube etc that trading is a quick rich scheme. This includes a huge risk if you get some profit by chance then it's ok but what if you lose the fund? You will destroy your career. The second thing is greed which is attached to emotions and is a monster if you can't control this wild animal will result in losing all your assets and funds. So be careful when you come to trading and before coming get a good experience in trading.

As traders I think everyone has different level of greenmd in us because I still don't know why some traders are so confident of the market and they prefer to use 50x or 100x to trade in the market. What do surprised me is that most time they do win the trades which is the reason why they would want to keep surprising the newbies that could think that the market is as easy as that.
One need to understand different trading techniques so that we don't choose such a trading lifestyle and end up losing big in the market.

[ShowOff]

Committing mistakes is normal but committing the same mistake all over again and again is somewhat not good anymore as it looks like we are not learning nor we would like to change. Many people had learned from their mistakes in the past so they improved and became successful. I think that committing mistakes is a good tool to make someone push themselves to learn more and become careful in their actions. More experience, more mistakes but on the other hand, it creates also more learnings.

You are right about that opinion, making lots of mistakes will be a good lesson. But sometimes someone cannot escape from these mistakes and always repeats them. This also depends on how mentally they carry out trading. It won't improve if you can't train your mentality, you always panic and even sell when prices crash. I always try to use the losses that occur as a reference for the future and mark these mistakes. so the profits will be more than the losses.

The basic principle of trading is that it is better to make a little profit than to lose a lot. Failing to gain greater profit was never considered a loss, while failing to obtain current profit was a loss for them. Prices can fall at any time for any reason, so they must be very wise in decision making and put aside greed in favor of greater profit.

For a trader, it is better to make a profit of $1k today before the price is corrected than to make a profit of $2k the next day but have to lose $2k first because of greed. They can buy the dip if they take $1k today, this can leave them with more capital than waiting for tomorrow.

[gunhell16]

Committing mistakes is normal but committing the same mistake all over again and again is somewhat not good anymore as it looks like we are not learning nor we would like to change. Many people had learned from their mistakes in the past so they improved and became successful. I think that committing mistakes is a good tool to make someone push themselves to learn more and become careful in their actions. More experience, more mistakes but on the other hand, it creates also more learnings.

You are right about that opinion, making lots of mistakes will be a good lesson. But sometimes someone cannot escape from these mistakes and always repeats them. This also depends on how mentally they carry out trading. It won't improve if you can't train your mentality, you always panic and even sell when prices crash. I always try to use the losses that occur as a reference for the future and mark these mistakes. so the profits will be more than the losses.

The basic principle of trading is that it is better to make a little profit than to lose a lot. Failing to gain greater profit was never considered a loss, while failing to obtain current profit was a loss for them. Prices can fall at any time for any reason, so they must be very wise in decision making and put aside greed in favor of greater profit.

For a trader, it is better to make a profit of $1k today before the price is corrected than to make a profit of $2k the next day but have to lose $2k first because of greed. They can buy the dip if they take $1k today, this can leave them with more capital than waiting for tomorrow.

It's like gambling; there are many losers, and then one in a million if we win the gamble. Although I don't believe that trading is the same concept as gambling, of course not.
Maybe it's just in the aspect that your capital that was used in trading was lost.

But of course, if you lose in trading, it is because the analysis you did was wrong or you lacked or lacked knowledge about trading. But it is right that we should always buy
something when its price falls.

[Inwestour]

The basic principle of trading is that it is better to make a little profit than to lose a lot. Failing to gain greater profit was never considered a loss, while failing to obtain current profit was a loss for them. Prices can fall at any time for any reason, so they must be very wise in decision making and put aside greed in favor of greater profit.

For a trader, it is better to make a profit of $1k today before the price is corrected than to make a profit of $2k the next day but have to lose $2k first because of greed. They can buy the dip if they take $1k today, this can leave them with more capital than waiting for tomorrow.

If it were that easy, then no one would lose money in trading, but not everyone uses stop losses, has insufficient trading knowledge, does not have a clear strategy and does not adhere to the rules. And day trading with a profit of $1000 is a rare occurrence among the average trader, mostly the amounts are significantly lower, otherwise the losses would be much higher. And of course, the profit must be fixed, otherwise there is no point to do it, trading only to lose is pointless.

[Fredomago]

The two things you mention are pay less and second is a greedy nature both have a great potential to destroy your trading career before start. In the mind of newcomers borrow money from someone for a few days and in these few days they will make it double this is because of the misguidance they hear from friends or YouTube etc that trading is a quick rich scheme. This includes a huge risk if you get some profit by chance then it's ok but what if you lose the fund? You will destroy your career. The second thing is greed which is attached to emotions and is a monster if you can't control this wild animal will result in losing all your assets and funds. So be careful when you come to trading and before coming get a good experience in trading.

As traders I think everyone has different level of greenmd in us because I still don't know why some traders are so confident of the market and they prefer to use 50x or 100x to trade in the market. What do surprised me is that most time they do win the trades which is the reason why they would want to keep surprising the newbies that could think that the market is as easy as that.
One need to understand different trading techniques so that we don't choose such a trading lifestyle and end up losing big in the market.

Yes, those who shared that kind of experienced inspires those newcomers to try things like this, I guess there are really traders who did well in terms of maximizing thier profits, I'm not talking about those pumpers and hypers but those who really taking their time in searching for good projects to invest.

With their dedication and focus they able to pick the right asset while still in early stage and once it pumps up they able to maximize their earnings and enjoy the outcome.

[AakZaki]

The basic principle of trading is that it is better to make a little profit than to lose a lot. Failing to gain greater profit was never considered a loss, while failing to obtain current profit was a loss for them. Prices can fall at any time for any reason, so they must be very wise in decision making and put aside greed in favor of greater profit.

For a trader, it is better to make a profit of $1k today before the price is corrected than to make a profit of $2k the next day but have to lose $2k first because of greed. They can buy the dip if they take $1k today, this can leave them with more capital than waiting for tomorrow.

All profits will be lost with uncontrolled greed.
It is better to have minimal profits than to expect more profits. do it gradually and the benefits will also be quite large. but sometimes people who are too greedy feel that there is still not enough and when the price really crashes, they start to panic about selling and in the end prefer to sell at a loss. it's even a pretty ridiculous loss.

[Dewi Aries]

The basic principle of trading is that it is better to make a little profit than to lose a lot. Failing to gain greater profit was never considered a loss, while failing to obtain current profit was a loss for them. Prices can fall at any time for any reason, so they must be very wise in decision making and put aside greed in favor of greater profit.

For a trader, it is better to make a profit of $1k today before the price is corrected than to make a profit of $2k the next day but have to lose $2k first because of greed. They can buy the dip if they take $1k today, this can leave them with more capital than waiting for tomorrow.

All profits will be lost with uncontrolled greed.
It is better to have minimal profits than to expect more profits. do it gradually and the benefits will also be quite large. but sometimes people who are too greedy feel that there is still not enough and when the price really crashes, they start to panic about selling and in the end prefer to sell at a loss. it's even a pretty ridiculous loss.

True, no matter how good the strategy you use or even though you have a strategy that overall generates more profits than losses but if for example you have absolutely no ability in terms of managing or controlling greed then obviously in the end no matter how much profit you make then yes it will all be lost again just because you trade by always prioritizing dissatisfaction or greed.

As you suggest here that yes it's okay even though we only managed to get a small profit as long as we can manage and control greed, because even though it is small but if it is collected over time then yes the amount will definitely be quite large. Logically in any case usually greed will only lead us to a situation that is far from expectations, which in the end it will only increase the possibility of disappointment or regret, such as the scenario you conveyed and it is true that people who are too greedy they hold prices too long in the hope "hopefully there will still be an increase" which at the same time when it turns out that the price has fallen then yes the tension will start which ends with pressure and regret, so it is better to prevent than to cure, it is better to profit even if it is small than nothing.

[Renampun]

The most reason traders are losing is because of greed. They will make profit but still keep the position opens but later the market might go another direction and they may lose. The second thing is that they can be using high leverage which will be resulting to liquidation. But a trader needs good strategies to make profit than loss while patience and low leverage are important. Also not to be trading shit coins is important.

It is certain that the thing that destroys a gambler is a lack of self-control until finally, without realizing it, the person falls into his own greed. In trading, being responsible is very important because doing too much will only make us trapped and end up making big losses.
the same thing as gambling, if someone trades excessively it can lead to addiction, this is something that must be avoided because those who are addicted to trading usually will not hesitate to do stupid things like making loans or cheating other people's money.

[AakZaki]

It's like gambling; there are many losers, and then one in a million if we win the gamble. Although I don't believe that trading is the same concept as gambling, of course not.
Maybe it's just in the aspect that your capital that was used in trading was lost.

But of course, if you lose in trading, it is because the analysis you did was wrong or you lacked or lacked knowledge about trading. But it is right that we should always buy
something when its price falls.

There are many beginners who don't trade with analysis, they just use instinct and guess whether the price will rise or fall in futures trading. This is the same as gambling because there is no analysis whatsoever being done. Don't be influenced by FOMO or Bad News which makes prices unstable. Doing research first will certainly be very helpful.

[$weetne$$]

As traders I think everyone has different level of greediness in us because I still don't know why some traders are so confident of the market and they prefer to use 50x or 100x to trade in the market. What do surprised me is that most time they do win the trades which is the reason why they would want to keep surprising the newbies that could think that the market is as easy as that. One need to understand different trading techniques so that we don't choose such a trading lifestyle and end up losing big in the market.

Some traders are good at leverage trading that they only enjoy trading future trading. My mentor loves the future markets and he used to make profits when trading but always advice us to not trade the future market until we have mastered the spot market. When beginner traders see other traders using 50x leverage in future market, they follow them without knowing the analysis that the trader have done and the level of experiment that they have to use such leverage. They do not consider the amount of money the traders have before they decided to use that amount of leverage. We should not copy other traders without considering our own conditions, of we trade to our capacity and gain alot of experiences, in the future we can use any amount of leverage that we're comfortable with and make profit. But as beginners, we should avoid leverage trading to avoid much losses.

[shinratensei_]

The basic principle of trading is that it is better to make a little profit than to lose a lot. Failing to gain greater profit was never considered a loss, while failing to obtain current profit was a loss for them. Prices can fall at any time for any reason, so they must be very wise in decision making and put aside greed in favor of greater profit.

For a trader, it is better to make a profit of $1k today before the price is corrected than to make a profit of $2k the next day but have to lose $2k first because of greed. They can buy the dip if they take $1k today, this can leave them with more capital than waiting for tomorrow.

that should be the basic but trading is so uncertain that you can't just set your target and everything will eventually come to place, sometime the market behave in strange way, i mean yes having small profit is definitely better than losing money but i'm sure many people that are experienced in trading knows that sometime the price bounce back after we are selling, due to haste decision we missed such a great opportunity of making money. i mean such thing might not be a good thing for future trading but certainly spot trading there are many occasion where the price bounce back even higher could give bigger profit if we were patient enough we can get that profit but taking that small profit just because market showing little sign of dumping we just missed that whole opportunity.
the concept of trading such as getting little profit is better than losing, buy high and sell low, is a good thing to follow but applying is so hard.
personally when it comes to trading see whatever fits our target, being flexible is the key that could help us getting profit in trading, if the market is showing correction but you're so sure that it will eventually come back, maybe its worth a try to take that little risk and see how things gonna turns out.