Don't do this mistakes in trading

[Maslate]

One of the biggest mistakes in trading is to open a trade without understanding and thinking of selling at a high price which is a decision without considering the range. Both the newbies and the old ones make a lot of mistakes in this field to increase the profit share and finally come out of trading with loss. If someone follows your advice, they will hopefully be able to play a more effective role in decision making.

         -     That is something that a novice in trading should not do. But no matter how many times someone says such reminders, there are still many stubborn people who enter trading.
That is their main reason for entering trading.

Because if you want to make money quickly in trading, that means you will also quickly hate this field of crypto space for sure, and you can even curse it because you have high expectations about the industry of crypto space.

Those who trade without long term preparation not just in means of funds but also without knowing when to buy and sell obviously, will definitely have a hard time making profits in trading. And when they end up trading with consistent losses, they eventually quit and see trading an unreliable source of income. But for those who trade with great knowledge and skills, not being greedy and not up for quick profits, they have bigger chances to succeed in trading in the long run.

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[bettercrypto]

One of the biggest mistakes in trading is to open a trade without understanding and thinking of selling at a high price which is a decision without considering the range. Both the newbies and the old ones make a lot of mistakes in this field to increase the profit share and finally come out of trading with loss. If someone follows your advice, they will hopefully be able to play a more effective role in decision making.

         -     That is something that a novice in trading should not do. But no matter how many times someone says such reminders, there are still many stubborn people who enter trading.
That is their main reason for entering trading.

Because if you want to make money quickly in trading, that means you will also quickly hate this field of crypto space for sure, and you can even curse it because you have high expectations about the industry of crypto space.

Those who trade without long term preparation not just in means of funds but also without knowing when to buy and sell obviously, will definitely have a hard time making profits in trading. And when they end up trading with consistent losses, they eventually quit and see trading an unreliable source of income. But for those who trade with great knowledge and skills, not being greedy and not up for quick profits, they have bigger chances to succeed in trading in the long run.

Until now, there have been such traders, in truth. The others are because, even though they have already made mistakes, they keep repeating them because they think that
what they thought would happen is actually not possible.

Then we know that trading is not easy to learn, and if they don't really do it, their capital will definitely be destroyed and dissolved for sure in the end.

[boty]

Those who trade without long term preparation not just in means of funds but also without knowing when to buy and sell obviously, will definitely have a hard time making profits in trading. And when they end up trading with consistent losses, they eventually quit and see trading an unreliable source of income. But for those who trade with great knowledge and skills, not being greedy and not up for quick profits, they have bigger chances to succeed in trading in the long run.

Until now, there have been such traders, in truth. The others are because, even though they have already made mistakes, they keep repeating them because they think that
what they thought would happen is actually not possible.

Then we know that trading is not easy to learn, and if they don't really do it, their capital will definitely be destroyed and dissolved for sure in the end.

If someone keeps repeating the same mistakes, of course they will never be able to learn from the mistakes they made and it would be better for them to stop trading and try again to learn about trading until they can really understand it well so they don't repeat it again. Same error when trying to trade again.
Learning trading is not an easy thing and it takes a long time to understand trading, but they have to be patient with each learning process they carry out in order to be able to make trades that produce profits for them in trading, because if they are impatient with the process What they have to go through is of course that they will be very unlikely to be able to make a profit from their trading.

[KingsDen]

Trading unnecessarily just because they have fixed number trades to done as their goal is another common mistake done by most of the day traders. They forget to add trading fee and other expenses while calculating the profits which will let the capital to drain gradually at unnoticeable rate even though the loss incurred due to this is very minimal still it's waste of time and resources that can be utilised onto something profitable.

Having a fixed number of trades to be done a day or in a week is a bad idea. Some people do not only have fixed numbers but a target of how much they will make before they stop trading for the day. Some times these targets are high to be met and it is always difficult to meet the target. One more thing is that they don't fix limit for losses before they stop trading.

people become greedy when they see opportunities for greater profits. it usually happens to traders and I think almost all traders have experienced a situation like that.
even though in trading we make plans for the profits we get. but when we saw better growth potential, we changed our initial plans. and that can be good or bad. It's like you are risking profits that are already in your hands for greater profits.

People who are engulfed by greed are people who has never lost huge amount of money before. There's an amount of money you will lose and you will be very careful not to be so greedy in trading next time.

[freedomgo]

Trading will never make you instantly rich, so you don’t have to jump into trading and think immediately about making profits. Majority of novice traders trade not because they want to learn trading, but because they want to satisfy their greed for profits, that’s why we’ve been seeing them trading even when the market is not suitable to trade. The reminder to trade only when you are ready and when the market only favors your trade is never new to us. But it seems it’s only easy to say but hard to do for novice trades.

Newbies traders are too self-absorbed to care about anything else but their own desires, and honestly believe that just because they want to make money the markets must accommodate them, a mistaken notion but one that is very common among those newbie traders, and once they predictably fail, they begin to make all kind of outrageous claims about the whole market of cryptocurrencies being a scam, when it was their own choices what caused them those terrible losses.

This the reason why newbie traders are not advisable to engage in trading activity. They are only seeing trading as a get rich quick scheme, and that’s the worst expectation from trading. While others continue to create successful trades from their trading activities, that’s because they have been losing too much from the start that they end up learning from all their mistakes that made them wiser and smarter as traders.

[Russlenat]

One of the biggest mistakes in trading is to open a trade without understanding and thinking of selling at a high price which is a decision without considering the range. Both the newbies and the old ones make a lot of mistakes in this field to increase the profit share and finally come out of trading with loss. If someone follows your advice, they will hopefully be able to play a more effective role in decision making.

         -     That is something that a novice in trading should not do. But no matter how many times someone says such reminders, there are still many stubborn people who enter trading.
That is their main reason for entering trading.

Because if you want to make money quickly in trading, that means you will also quickly hate this field of crypto space for sure, and you can even curse it because you have high expectations about the industry of crypto space.

Trading will never be good enough for beginners. They have less knowledge and even no experience trading in the market which will put them at a more miserable trading situation. But seeing a lot of lives have been changed with trading, that motivates even these newbies to start trading even when it’s not clear for them when to actually trade their coins, as they’ll have no clearer goals set prior to real trading. In the end, they all lose from their trades, and leave wrong impression with trading.

[tygeade]

A trader can make many mistakes in trading but the biggest mistake is thinking of making too much profit in trading quickly. There are many traders who only think that they will make profit after trading but many avoid the thought of loss that can be against the profit. But reality can never be ignored. When a trader starts trading by being greedy in the hope of large profit, he is sure to lose. A trader must have a good understanding of several aspects of investing. By controlling a trader to get the right idea on how to trade. How much lost will not affect the normal life of a trader. It is natural that every human will make mistakes, but before making mistakes, the trader needs to be aware, and if there is a mistake, he should learn from it and for that mistake. If trading can be managed by learning from mistakes then surely that can be the good initiative of a good trader.

I think the biggest would be thinking that he could keep making the profit the way he is making. There are so many people who made some profit, and saw how rich they got, and they start to assume that they will keep making the same amount of profit forever. That type of profit during the bull run makes them think that this is forever, when in reality we are talking about something that wouldn't be fair at all.

This is why we should probably consider that if we are making a profit, just put some of that aside for the bear market, we are going to see things shift and when the price is lower then we are going to argue that we don't have enough. Putting some aside, probably in dollar or stablecoins, could help us on the long run.

[JunaidAzizi]

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.

[South Park]

A trader can make many mistakes in trading but the biggest mistake is thinking of making too much profit in trading quickly. There are many traders who only think that they will make profit after trading but many avoid the thought of loss that can be against the profit. But reality can never be ignored. When a trader starts trading by being greedy in the hope of large profit, he is sure to lose. A trader must have a good understanding of several aspects of investing. By controlling a trader to get the right idea on how to trade. How much lost will not affect the normal life of a trader. It is natural that every human will make mistakes, but before making mistakes, the trader needs to be aware, and if there is a mistake, he should learn from it and for that mistake. If trading can be managed by learning from mistakes then surely that can be the good initiative of a good trader.

I think the biggest would be thinking that he could keep making the profit the way he is making. There are so many people who made some profit, and saw how rich they got, and they start to assume that they will keep making the same amount of profit forever. That type of profit during the bull run makes them think that this is forever, when in reality we are talking about something that wouldn't be fair at all.

This is why we should probably consider that if we are making a profit, just put some of that aside for the bear market, we are going to see things shift and when the price is lower then we are going to argue that we don't have enough. Putting some aside, probably in dollar or stablecoins, could help us on the long run.

Bull markets can be very deceptive, as when everything is going well and the market is making new ATHs every single day, every single person seem like the greatest trading genius in existence, but it is on the bear market when you can really see who knows what they are doing and who was just lucky, with most traders losing all the profits they accumulated during the bull market, and they may even lose most of their capital as well, as they begin to do desperate moves in order to recover the money they have lost.

[Jody.Drummer]

One of the biggest mistakes in trading is to open a trade without understanding and thinking of selling at a high price which is a decision without considering the range. Both the newbies and the old ones make a lot of mistakes in this field to increase the profit share and finally come out of trading with loss. If someone follows your advice, they will hopefully be able to play a more effective role in decision making.

-     That is something that a novice in trading should not do. But no matter how many times someone says such reminders, there are still many stubborn people who enter trading.
That is their main reason for entering trading.

Because if you want to make money quickly in trading, that means you will also quickly hate this field of crypto space for sure, and you can even curse it because you have high expectations about the industry of crypto space.

Trading will never be good enough for beginners. They have less knowledge and even no experience trading in the market which will put them at a more miserable trading situation. But seeing a lot of lives have been changed with trading, that motivates even these newbies to start trading even when it’s not clear for them when to actually trade their coins, as they’ll have no clearer goals set prior to real trading. In the end, they all lose from their trades, and leave wrong impression with trading.

Yes, I understand because beginners have limitations in terms of knowledge and experience where most of them are confused when they want to start and are also confused about where to start, but aren't all traders who have achieved success starting from a beginner? yes obviously, meaning that everyone has the same chance of success but what is different is that not everyone is really able to do it, and this is the reason why there are some people who end up successful and there are some people who end up with a downturn or failure along with experiencing many losses.

If we always make limitations in terms of experience and knowledge of a person as an obstacle to achieving success then logically there will never be anyone who succeeds in achieving success in any matter or field, because after all everything always starts with ignorance but over time they will be able to have knowledge and experience that they will generate from the journey in the process of struggle. On the other hand, there are many people who feel motivated by the success of others such as in the world of trading, but only a few of them really put seriousness in their intentions and determination so that in the end they fail because they are only ready for the results but not ready for all the difficulties in the process.

[Bushdark]

Making money in the crypto market has never being the same and we need to take some certain precautions so that we don't lose all our funds in the crypto market. We need to be wise and do things that would help us not to lose so much money in the crypto market.
If we can yield to this rules and make sure we don't trade with what we know we can't afford to lose then we need to keep gambling with smaller fund to reduce the risk we are taking as a crypto trader.

[AakZaki]

This the reason why newbie traders are not advisable to engage in trading activity. They are only seeing trading as a get rich quick scheme, and that’s the worst expectation from trading. While others continue to create successful trades from their trading activities, that’s because they have been losing too much from the start that they end up learning from all their mistakes that made them wiser and smarter as traders.

Learning from mistakes and fixing everything takes quite a long time, it cannot be done instantly. a professional trader will take years until they master the market and know how they should enter and exit to make a profit. beginners who only enter the market with basic knowledge and consider themselves to be reliable traders, they will not always be lucky, of course they will lose in the end if they don't study it more seriously. Every trader will make mistakes, whoever it is, even a professional can lose thousands of dollars, let alone a beginner who doesn't understand anything.

[Dewi Aries]

This the reason why newbie traders are not advisable to engage in trading activity. They are only seeing trading as a get rich quick scheme, and that’s the worst expectation from trading. While others continue to create successful trades from their trading activities, that’s because they have been losing too much from the start that they end up learning from all their mistakes that made them wiser and smarter as traders.

Learning from mistakes and fixing everything takes quite a long time, it cannot be done instantly. a professional trader will take years until they master the market and know how they should enter and exit to make a profit. beginners who only enter the market with basic knowledge and consider themselves to be reliable traders, they will not always be lucky, of course they will lose in the end if they don't study it more seriously. Every trader will make mistakes, whoever it is, even a professional can lose thousands of dollars, let alone a beginner who doesn't understand anything.

True, and this applies to whatever field you are doing, no success comes instantly, everyone can dream of being successful and they have the same chance or opportunity but it is a fact that success will only be achieved when you are willing and able to go through the process with all the difficulties. That's because everyone must first experience good or bad experiences that will serve as their learning material, simply put if for example they fail because of decision A then the incident will give them the knowledge that one day they should avoid such decisions. You have also said that traders who are now successful they must first go through a process of years with many difficulties to finally be able to have experience and a lot of knowledge, and with this then maybe we can conclude that those who ultimately fail are those traders who are not too serious in learning something, and usually they are typical traders who want to achieve everything instantly like wanting to get a lot of big profits to get rich but they don't want to go through all the processes and difficulties first, so actually success depends on how dedicated you are in the field or profession and nothing is instant in this world.

[Fredomago]

This the reason why newbie traders are not advisable to engage in trading activity. They are only seeing trading as a get rich quick scheme, and that’s the worst expectation from trading. While others continue to create successful trades from their trading activities, that’s because they have been losing too much from the start that they end up learning from all their mistakes that made them wiser and smarter as traders.

Learning from mistakes and fixing everything takes quite a long time, it cannot be done instantly. a professional trader will take years until they master the market and know how they should enter and exit to make a profit. beginners who only enter the market with basic knowledge and consider themselves to be reliable traders, they will not always be lucky, of course they will lose in the end if they don't study it more seriously. Every trader will make mistakes, whoever it is, even a professional can lose thousands of dollars, let alone a beginner who doesn't understand anything.

It's a continues learning process, and same with your opinion, it takes time to create better strategy to have some edge but there's no guarantee that you will not lose, even experience traders lose a lot, they just know when to stop and when to re-enter to recover, it's partly emotional control, money-managements and your determination to focus with how you foreseen your opportunities.

Newbies who only got basic understanding may expereinced luck and they usually thinks that it's easy to repeat that same profitable patterns, but not always that they can have that luck there are factors that they need to understand and they need to consider as it will
lead them to lose more from what they've achieved.

[Yamifoud]

This the reason why newbie traders are not advisable to engage in trading activity. They are only seeing trading as a get rich quick scheme, and that’s the worst expectation from trading. While others continue to create successful trades from their trading activities, that’s because they have been losing too much from the start that they end up learning from all their mistakes that made them wiser and smarter as traders.

Learning from mistakes and fixing everything takes quite a long time, it cannot be done instantly. a professional trader will take years until they master the market and know how they should enter and exit to make a profit. beginners who only enter the market with basic knowledge and consider themselves to be reliable traders, they will not always be lucky, of course they will lose in the end if they don't study it more seriously. Every trader will make mistakes, whoever it is, even a professional can lose thousands of dollars, let alone a beginner who doesn't understand anything.

It's a continues learning process, and same with your opinion, it takes time to create better strategy to have some edge but there's no guarantee that you will not lose, even experience traders lose a lot, they just know when to stop and when to re-enter to recover, it's partly emotional control, money-managements and your determination to focus with how you foreseen your opportunities.

Newbies who only got basic understanding may expereinced luck and they usually thinks that it's easy to repeat that same profitable patterns, but not always that they can have that luck there are factors that they need to understand and they need to consider as it will
lead them to lose more from what they've achieved.

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.

[Strongkored]

When there is a trader who trades using money that he cannot afford to lose it is already an act of greed, because when he does that of course because of targeting greater profits so that he forces himself to use larger capital even though he understands very well the amount is not what he can afford to lose and it is because he is not satisfied with the results obtained if he only uses money that he can afford to lose.
When a trader trades beyond his ability, it will put more pressure on him because there is a thought that he must make a profit otherwise it will mess up his finances and make him experience financial difficulties, even though with the money we can afford to lose it already puts pressure on the trader because basically no trader is ready to experience losses.

[OrangeII]

When there is a trader who trades using money that he cannot afford to lose it is already an act of greed, because when he does that of course because of targeting greater profits so that he forces himself to use larger capital even though he understands very well the amount is not what he can afford to lose and it is because he is not satisfied with the results obtained if he only uses money that he can afford to lose.
When a trader trades beyond his ability, it will put more pressure on him because there is a thought that he must make a profit otherwise it will mess up his finances and make him experience financial difficulties, even though with the money we can afford to lose it already puts pressure on the trader because basically no trader is ready to experience losses.

Exactly right. I think using money he can't afford to lose is greedy. However, he pursued high profits at the expense of the main money he had without being prepared to accept the risks. However, these two things go together.
This is something that many people do. trade with what they can accommodate. Some people even borrow money with high confidence that they can easily double the money in trading. However, that is the wrong thing. If people are trading for the first time, it is best to use as little money as possible to minimize risk, and always use money that they are willing to lose.

[Uruhara]

Actually, using capital that we cannot afford to lose also begins with a sense of greed that is tempted to make a quick profit. So we lose patience to wait until we have cold capital. And I think most of us have experienced something like this when we first got to know crypto trading or crypto investment. Because sometimes we get too excited about the new world we have just discovered. 
So I can say that not being able to control one of the emotions called greed is the main problem in this case. Because greed sometimes overrides fear in action. So we become careless in taking action. Likewise in crypto trading which actually drains our emotions more. And this is where good emotional management is needed in dealing with the crypto market which is filled with high volatility and high risk.

[bettercrypto]

This the reason why newbie traders are not advisable to engage in trading activity. They are only seeing trading as a get rich quick scheme, and that’s the worst expectation from trading. While others continue to create successful trades from their trading activities, that’s because they have been losing too much from the start that they end up learning from all their mistakes that made them wiser and smarter as traders.

Learning from mistakes and fixing everything takes quite a long time, it cannot be done instantly. a professional trader will take years until they master the market and know how they should enter and exit to make a profit. beginners who only enter the market with basic knowledge and consider themselves to be reliable traders, they will not always be lucky, of course they will lose in the end if they don't study it more seriously. Every trader will make mistakes, whoever it is, even a professional can lose thousands of dollars, let alone a beginner who doesn't understand anything.

It's a continues learning process, and same with your opinion, it takes time to create better strategy to have some edge but there's no guarantee that you will not lose, even experience traders lose a lot, they just know when to stop and when to re-enter to recover, it's partly emotional control, money-managements and your determination to focus with how you foreseen your opportunities.

Newbies who only got basic understanding may expereinced luck and they usually thinks that it's easy to repeat that same profitable patterns, but not always that they can have that luck there are factors that they need to understand and they need to consider as it will
lead them to lose more from what they've achieved.

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.

Of course, repeating mistakes is just showing that you don't want to learn and expand yourself in the field you are in. But if we make it a way for us to learn, it shows that you want to expand your knowledge of the subject you are studying.

That's why I believe that it's okay to make mistakes as long as we learn from them. It's okay to make mistakes as long as they're not the same as the previous mistakes, because even then, it's called stupidity.

[ndutndut]

Trading will never be good enough for beginners. They have less knowledge and even no experience trading in the market which will put them at a more miserable trading situation. But seeing a lot of lives have been changed with trading, that motivates even these newbies to start trading even when it’s not clear for them when to actually trade their coins, as they’ll have no clearer goals set prior to real trading. In the end, they all lose from their trades, and leave wrong impression with trading.

This is what often happens to trading beginners, lack of knowledge and education. Before getting involved in trading, you should study in more depth the basics of trading and continue to learn from experience because without good and correct education, trading is like jumping into the sea without being able to swim, this is very fatal.

So many beginner traders experience losses and they even consider trading as fraud even though they themselves feel dizzy and overwhelmed by various terms in trading, they trade only with reckless capital or follow other people. Of course, this is not recommended for beginners, so basic knowledge about trading is very important in trading, especially now that it is very easy to learn it from various sources on the internet. Apart from the basics of trading, they also have to update global economic news because this news can also really help traders in analyzing price movements. That way, novice traders can automatically avoid these common mistakes so they can focus on improving their abilities.