Don't do this mistakes in trading

[Bloodseekers]

Always trade with the amount that you can afford to lose. Not every trader earns a lot but most of them got through several experiences and bad trades and that's why if many of them are earning really well, it's because that they've gained that through their stay in the market.
And we will never know how much losses and pain that they've been through just to understand how the market works and build their own trading strategies because not everyone goes to that point of being good as soon as they try trading. So whoever stays, are the ones that benefits and gets most of the market.

By using capital that we can afford to lose if we lose that capital, this will enable us to learn from the mistakes we made and we will try again to trade so that we have a lot of experience which will make us successful when trading and if someone cannot learn from the mistake they make is of course that they will leave the trade and never try to trade again.

Yes, of course we never know how much we have lost from trading, but they will be able to get back what they have lost once they understand well how to analyze the market and control themselves when trading.

[Zanab247]

Greed is one factor that many does a mistake. Whether they're traders or investors of meme coins or any hype tokens nowadays if they are greedy and don't take profits, they're likely to miss opportunities of profiting and will miss selling at the right time.

I guess is very common among newbies traders in the market because they will be forming that they know it all, not knowing that they don't know how to make the suitable profit from the bul run because they still lack some skills from the field.

Actually, it doesn't have to be a right time. As long as they have already made some profit and depends on what kind of percentage you've made, then it is for sure possible for you hit your targets as long as they're achievabl

Just ensure that if you want to trade the coins in the market it will lead you to success and, you will not regret your decision you take towards the market price, which are best sign others traders will use to rate you as a talented traders in the market.

[Mr. Magkaisa]

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.

[jrrsparkles]

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.

[stadus]

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 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.

[South Park]

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.

[Sophokles]

Greed is a natural human reaction to something they consider an opportunity. This also leads to the number one point the OP mentions about where people became so aggressive and took bold action that cost them badly. The only thing that can overcome all these weakness for a trader is discipline with a money management strategy. If you set a bunch of rules for yourself when trading crypto that you can not break and you follow these rules no matter what, your greed won't hurt you anymore.

[Natsuu]

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.

Yes and it is a long road and in fact a rabbit hole. The you know about the market, the more you will realize that there are still still lot of things that you don't know. And if you want your own trading journey to get rich or successful fast, you are doomed to fail. In trading the more you force thing the more likely you are to lose money. And it's beautiful because you need to find order in your own life first before you find success in trading. You cannot expect yourself being undisciplined in your life and be disciplined in front charts. Doesn't work that way. SO to improve your trading is to improve your life also.

[2Pizza410000BTC]

The most important strategy in trading strategy is not to be overly greedy. Those traders who are more greedy in the trading platform suffer the most. Here is the perfect proof of this. I bought TIA for trading a few days ago and gained close to $50 again in a short period of time since I bought it but I was expecting more. Later the market dumped and my portfolio was reduced a lot. Currently I am at a loss of $290 against a profit of $50. So I mean the only reason I lost $290 here is because I was greedy. If I hadn't been greedy and traded with small profits, I wouldn't have lost $290 today. So I would say never get overly greedy on a trading platform.

[Sanitough]

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.

As much as there are easy to teach or remind traders, there are also a lot of stubborn traders that are trading in the market. Not realizing that if they keep doing their mistakes in trading, they will never progress on their trades but will only suffer from consistent losses. I've been there before that's why now I've learned already my lesson and I won't repeat the same mistakes again.

Greed is always in present in trading. But if you want to except with trading profits, don't be highly greedy but learn to control your greed and control your emotions when trading, the only key so you can gain excellent profits from trading.

[Essential10]

I think trading and gambling are almost in the same circle. Greed is the biggest reason why people are facing more losses in trading. Initially when one gets profit from trading he thinks that he has got a good profit in a short period of time, then it gets in his head that he needs to profit some more money. In such a few steps he succeeds in trading. As he trades more and more hoping for more profit, he loses his money gradually. The key is to control both greed and patience to trade, otherwise if you get completely addicted to trading you will not hesitate to sell any of your valuable assets later on.

[Kelvinid]

Honestly, when we lose we blame ourselves and ask why. The answer is that we commit unacceptable mistakes which leads to questioning ourselves.

"Greediness"
Because in the first, we assume already that we gonna win and think that our money will grow. That is why we can say "We can't afford to lose" as we never think that at the very beginning. Of course, we don't think about it but it was overly thought as we are also supposed to be prepared for that scenario knowing that trading is risky and no assurance of making money. If we assume to earn money from trading, we also assume that we lose but this never happens in real life as usually we expect to make a profit rather than lose.

[benalexis12]

I think trading and gambling are almost in the same circle. Greed is the biggest reason why people are facing more losses in trading. Initially when one gets profit from trading he thinks that he has got a good profit in a short period of time, then it gets in his head that he needs to profit some more money. In such a few steps he succeeds in trading. As he trades more and more hoping for more profit, he loses his money gradually. The key is to control both greed and patience to trade, otherwise if you get completely addicted to trading you will not hesitate to sell any of your valuable assets later on.

Greed can enter any individual, whether it is in trading or gambling. That means greed is everywhere; it's up to us if we allow it to enter our thoughts, which will control our personalities.
So it is up to us to decide whether we let it enter our being to control us.

But if we just let greed out of our lives, it will lose its meaning so that it can control us; instead, we can still control ourselves to fight it in reality.

[Fara Chan]

Greed can enter any individual, whether it is in trading or gambling. That means greed is everywhere; it's up to us if we allow it to enter our thoughts, which will control our personalities.
So it is up to us to decide whether we let it enter our being to control us.

But if we just let greed out of our lives, it will lose its meaning so that it can control us; instead, we can still control ourselves to fight it in reality.

We can be destroyed if we are controlled by greed for something, because that thing will not be good enough for ourselves. Especially if this happens in trading and gambling, it will be difficult for us to have better control when greed starts to control all our thoughts. Because this is really not that good and should not exist within a person so no matter what, greed must really be eliminated within ourselves without any exceptions in any form.

[Distinctin]

People basically lose their money most of the time when they become greedy. I have seen many traders only think about their profits when they start making profits, and then they become much more attractive. And the businessmen who fall among such people are the losers and face great problems. In trading, we should not only plan for our profit but also keep in mind that there is loss here and this is also a matter of concern. If you want to trade, you must analyze both positive and negative aspects, otherwise it is never possible to survive in the market. So before starting trading you must control your emotions and greed otherwise it is never possible to succeed and always plan properly, but profit can be achieved.

In trading, you only have two options, either you trade at a loss or for profits. However, for newbies in the market, consider it you’ll get more losses too often than attracting profits. Experience matters in trading, if you have no knowledge and experience in trading, your potentials to be in profits will be hardly possible. This is why learn to develop your skills and strategies first, that way you can control your losses and improve ways on how to maximize your profits. Trading may not be a do or die, but you’ll eventually die in distress if you keep losing your trades.

[Asiska02]

And often, when we have greed, we just gamble, and it's hard like that because we think, "It looks like it's going to go up, so I'll hold first" or "It looks like it's going to go down, and I'm going to sell." That's how we think, right? ?  Sometimes we even say, "I hope it goes down; I hope it goes down, then all of a sudden it will go up," or something like that. So these thoughts are called gambling, or no strategy, no exit strategy, or when to enter the purchase, as in just hoping for luck. So never gamble with crypto trading.

Those are my experienced when I was starting here in this field industry...
 

Another important points I will add to your own earlier points is the inability of traders to exercise patience and also trade management in trading. A trader that is impatient are very one step closer to blowing up their account because without being patient, you will always take profit at a lower ratio when compared to the ratio of the loss you get from any trade encountered from that same trading account. If your trade continues in this manner and your profits are not always greater than your losses, your account will blow sooner. Knowing how to manage your trade by knowing when to enter a trade, when to leave a trade and most importantly when to withdraw your profits is very important. If you can play along with this three well on how the market reacts, you won’t have a problem with managing your trades.

[pusaka]

People basically lose their money most of the time when they become greedy. I have seen many traders only think about their profits when they start making profits, and then they become much more attractive. And the businessmen who fall among such people are the losers and face great problems. In trading, we should not only plan for our profit but also keep in mind that there is loss here and this is also a matter of concern. If you want to trade, you must analyze both positive and negative aspects, otherwise it is never possible to survive in the market. So before starting trading you must control your emotions and greed otherwise it is never possible to succeed and always plan properly, but profit can be achieved.

In trading, you only have two options, either you trade at a loss or for profits. However, for newbies in the market, consider it you’ll get more losses too often than attracting profits. Experience matters in trading, if you have no knowledge and experience in trading, your potentials to be in profits will be hardly possible. This is why learn to develop your skills and strategies first, that way you can control your losses and improve ways on how to maximize your profits. Trading may not be a do or die, but you’ll eventually die in distress if you keep losing your trades.

There are only two possibilities when we trade, as you said, they are profit and loss. As traders, we should be aware of this because this is actually a basic thing that we need to know. When we feel a loss we have to determine how much loss we can afford to take, we can place a stop loss, likewise when we make a profit, we can determine our profit target. Don't let us become greedy when we get a profit because we want to make it bigger, because we need to remember that the market is very volatile and we cannot predict it with certainty. Therefore, we have to be able to plan something in advance and we have to be able to hold onto that plan and carry it out so that it doesn't become something that makes us greedy or something that makes us afraid.

[stomachgrowls]

1. Trading money that you can't afford to lose

If you are on a situation;

Deep debt
Last fund or savings
Making a living with gambling

Then it would really be always recommended that you shouldnt really be treating up gambling on this way on which these things would really be just messing up your entire life with.
If you arent that sensible on the actions that you are making then you are just basically making yourself putting up on so much trouble. This is why it would really be that best
that once you do step yourself into this field or market then being versatile and having that acceptance and easy adaptation is really that recommended.
You cant just that make yourself that too confident and making yourself way too greedy.

[GigaBit]

Always trade with the amount that you can afford to lose. Not every trader earns a lot but most of them got through several experiences and bad trades and that's why if many of them are earning really well, it's because that they've gained that through their stay in the market.
And we will never know how much losses and pain that they've been through just to understand how the market works and build their own trading strategies because not everyone goes to that point of being good as soon as they try trading. So whoever stays, are the ones that benefits and gets most of the market.

By using capital that we can afford to lose if we lose that capital, this will enable us to learn from the mistakes we made and we will try again to trade so that we have a lot of experience which will make us successful when trading and if someone cannot learn from the mistake they make is of course that they will leave the trade and never try to trade again.

Yes, of course we never know how much we have lost from trading, but they will be able to get back what they have lost once they understand well how to analyze the market and control themselves when trading.

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.

[leonair]

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.

Yes greed can be one of the biggest reasons for losing in trading. Many times it is seen that various shitcoins are pumped in the market and many people panic and get greedy and invest there, later they face a lot of losses.  Again, many greedy people do future trading to make big profits quickly, which is a very big risk. Many people lose a lot there. So you must keep your greed under control. And have to do trading on relax Way. then it is possible to make good profit from trading