Don't do this mistakes in trading

[Natsuu]

Most traders always think that acquiring the skill of trading will reduce the losses

It won't. Acquiring the skill means that you are accepting the fact that anything can happen in the market. That your wins and losses are perfectly painted in probabilities. Having the skill in trading is knowing when to take the risk and when not to. Because losses are normal part of the game in trading. It's like taxes or transaction cost that need to be payed to be in the game.

[AnonBitCoiner]

It is indeed common, in fact every trader has experienced it, the only difference is how they can control their emotions, so they can comply with the rules they have made themselves. It is difficult for us without practice to control our emotions. By practicing more, we will have experience and that way we will be able to form our own emotional stability, but remember we also have to be disciplined towards ourselves.

At the beginning when a newbie enters into the trading field then everything seems different from what they have learned so it is obvious that handling their emotions after the first loss will be more difficult for them but when they trade again and again so they will get experience.

Due to increased experience they will enhance their profit so after huge gain if they face a single loss then they will be able to tolerate this as they will have experience that after each loss they will surely take profit if they are experts traders.

[Hamphser]

1. Trading money that you can't afford to lose
On the moment that you do touch up this unpredictable space, then you should really be just making use of the money on which you can afford to lose. Why?
If ever you would really be able to lose up those funds then you wont really be finding yourself that being impulsive on which you could really be able to make yourself that easily move on.
Why? because you do know that you are just spending on the amount that you can afford to lose.

Also, on the moment that you would be having those loses then if you are making use of your last funds or something that it is really that your savings. Then you would be
making yourself that trying to chase up those loses. You would really be having that kind of desperation at the moment that you would really be doing trading
and this is something that wont be recommended because you would really be chasing up these things.

[cute nmp]

Agreed many traders tends to trade with so much money that they cant afford to lose cause of greed . Most don't like to understand what trading is all about they think it is a get rich scheme not knowing that it is like any other business which includes both losses and again . Taking that into consideration one should risk trading only a reasonable amount of funds.

[oktana]

It is very important that we avoid being like this or having it. If words like 2% per month profit is okay, then we will say that it is not possible. I want 100% per week; these are just examples. Especially when we see someone who takes a profit of 100% per week, that's okay; it's just that the risk is too high. And it doesn't always happen like that; as long as our goal is "sustainability," we don't just rely on luck or maybe get lucky. Of course, we don't just want luck; instead, we want to have a monthly profit or passive income.
 

One common challenge is greed as you have mentioned. Honestly, the most successful traders that I have seen are usually caught making little profits instead of big ones. The idea is that with little profits (which are easier to achieve), you can replicate it many more times to make money that is safe and consistent than someone who is waiting on a higher percentage.

[SATWAT]

It is very important that we avoid being like this or having it. If words like 2% per month profit is okay, then we will say that it is not possible. I want 100% per week; these are just examples. Especially when we see someone who takes a profit of 100% per week, that's okay; it's just that the risk is too high. And it doesn't always happen like that; as long as our goal is "sustainability," we don't just rely on luck or maybe get lucky. Of course, we don't just want luck; instead, we want to have a monthly profit or passive income.
 

One common challenge is greed as you have mentioned. Honestly, the most successful traders that I have seen are usually caught making little profits instead of big ones. The idea is that with little profits (which are easier to achieve), you can replicate it many more times to make money that is safe and consistent than someone who is waiting on a higher percentage.

There is no doubt this greediness kills us badly because mostly peoples want to be rich very quickly which never works with peoples those go with their own fundamentals and having targets and strategies works better and having better success in trading and life with many which are having big dip mostly ended with wrong way and lost quickly because things never works on same patron always.

We need to be had few things in life which helps us for having better life and if we are able to go with better things and strategies we will have better success and life which is more important instead of having things which give us regret and loses which bring more problems and then no way of going back to better and easy life.

[Bushdark]

Most traders always think that acquiring the skill of trading will reduce the losses

It won't. Acquiring the skill means that you are accepting the fact that anything can happen in the market. That your wins and losses are perfectly painted in probabilities. Having the skill in trading is knowing when to take the risk and when not to. Because losses are normal part of the game in trading. It's like taxes or transaction cost that need to be payed to be in the game.

We can make money in trading or crypto investment if we have the knowledge and what to do that will keep giving us the money to keep going. Winning and lossing is a common thing in the market and everyone also faces it to the core.
There are so many mistakes we might be making as a crypto trader and we need to always work on it if we want to be making consistent profits in the market. Disciplinary measures are one of the things that have kept many good traders in the market for many years without having to quit due to negative results.

[lalabotax]

It won't. Acquiring the skill means that you are accepting the fact that anything can happen in the market. That your wins and losses are perfectly painted in probabilities. Having the skill in trading is knowing when to take the risk and when not to. Because losses are normal part of the game in trading. It's like taxes or transaction cost that need to be payed to be in the game.

We can make money in trading or crypto investment if we have the knowledge and what to do that will keep giving us the money to keep going. Winning and lossing is a common thing in the market and everyone also faces it to the core.
There are so many mistakes we might be making as a crypto trader and we need to always work on it if we want to be making consistent profits in the market. Disciplinary measures are one of the things that have kept many good traders in the market for many years without having to quit due to negative results.

Indeed. There are several factors that ensure we can at least get regular profits in trading. One of the most basic things you must have is knowledge and insight about crypto, trading, and several other related knowledge. Because without that, trading is actually just like gambling, without skills and knowledge, just hoping for luck. And this is really a bad idea to trade with a concept like this.

For this reason, we have discussed and read several times regarding tips for trading, especially for beginners. In fact, knowledge is very important. Then, after having good knowledge, it must also be combined with various other factors. Such as discipline factors, wise and good financial and risk management, as well as good emotional regulation and control. Because of that, everyone will also be involved during trading, whether they are beginners or those who have been playing here for a long time.

[Fredomago]

It won't. Acquiring the skill means that you are accepting the fact that anything can happen in the market. That your wins and losses are perfectly painted in probabilities. Having the skill in trading is knowing when to take the risk and when not to. Because losses are normal part of the game in trading. It's like taxes or transaction cost that need to be payed to be in the game.

We can make money in trading or crypto investment if we have the knowledge and what to do that will keep giving us the money to keep going. Winning and lossing is a common thing in the market and everyone also faces it to the core.
There are so many mistakes we might be making as a crypto trader and we need to always work on it if we want to be making consistent profits in the market. Disciplinary measures are one of the things that have kept many good traders in the market for many years without having to quit due to negative results.

Indeed. There are several factors that ensure we can at least get regular profits in trading. One of the most basic things you must have is knowledge and insight about crypto, trading, and several other related knowledge. Because without that, trading is actually just like gambling, without skills and knowledge, just hoping for luck. And this is really a bad idea to trade with a concept like this.

For this reason, we have discussed and read several times regarding tips for trading, especially for beginners. In fact, knowledge is very important. Then, after having good knowledge, it must also be combined with various other factors. Such as discipline factors, wise and good financial and risk management, as well as good emotional regulation and control. Because of that, everyone will also be involved during trading, whether they are beginners or those who have been playing here for a long time.

Good finacial and risk management, things that also affects the outcomes of your trades, it's more on how you handle different situations as decision making mostly affects of your knowledge, if you have good insight, then you may continue developing your chances to earn, though if you failed then for sure you will going to deal with it as same as gambling, better to earn and seek for more ideas and compose it to create better strategy that may work accordingly.

[Jody.Drummer]

Indeed. There are several factors that ensure we can at least get regular profits in trading. One of the most basic things you must have is knowledge and insight about crypto, trading, and several other related knowledge. Because without that, trading is actually just like gambling, without skills and knowledge, just hoping for luck. And this is really a bad idea to trade with a concept like this.

For this reason, we have discussed and read several times regarding tips for trading, especially for beginners. In fact, knowledge is very important. Then, after having good knowledge, it must also be combined with various other factors. Such as discipline factors, wise and good financial and risk management, as well as good emotional regulation and control. Because of that, everyone will also be involved during trading, whether they are beginners or those who have been playing here for a long time.

Good finacial and risk management, things that also affects the outcomes of your trades, it's more on how you handle different situations as decision making mostly affects of your knowledge, if you have good insight, then you may continue developing your chances to earn, though if you failed then for sure you will going to deal with it as same as gambling, better to earn and seek for more ideas and compose it to create better strategy that may work accordingly.

True, in some cases I often find that there are some people - people who fail in the world of trading because they are wrong in treating the activity, there are some of them who treat trading like gambling by relying solely on luck by making decisions without being based on knowledge or understanding, or maybe I would also say that the decisions they make have no basis to be used as a reason.

In the end it is clear that such an approach will only be a waste of money and time, because of course after all trading is a skill-based activity which means that one's knowledge can be used as a basis for decision making to create more certain profit opportunities. So in this context maybe one thing I would say is that it is better to spend more time learning related to anything that can increase the chances of making a profit such as learning various new strategies along with learning to understand market cycles in more detail, and another thing is not to forget to train your mental and psychological to prevent emotions that dominate especially when you experience losses.

[beerlover]

This mistake is common and never dies; people tend to get more greedy of wondering they can get more of what they have so their emotions conquer to hold more their position after that makes another mistake tends to lose their position and gets liquidated, if you are a newbie trader this most happens but if you are experienced trader cutting loss is the most suitable than burning more your money, also have a plan until when you will hold and until what price there's a reason why TP/SL feature added in futures trading. Use this as your safety measurement.

Yes, I think this is often warned repeatedly. However, until now, these errors still occur very often. Not only for newbies, but also for people who frequently trade. However, I understand that sometimes people tend to be greedy. This usually happens because someone wants maximum profit, so they continue to hold the assets they own. In fact, the best way to avoid this is to sell the asset for a percentage. For example, if our price target is reached, we might sell 10% to 30% of the assets we own, and continue doing that. If the price goes down, we can buy it back.

I mean trading is something people could lose themselves quite often, which is why I think it's common for people to not have that kind of return that easily, sometimes they just lose themselves and not have anything growing at all, they just realize it's a common thing.

I personally believe that we should not really consider this as something normal, and we should just focus on how to make it better and bigger in the end. This should not be all that complicated, we should just focus on how to make it bigger and better. We do realize that things are not really that great or simple right now, it's something that will definitely be given as something that will take a while, so we can't really make it work any other way around.

[Zanab247]

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.

That is the truth, I was in that category as a newbie in the past, when people will be trading their coins to take profits, I will not follow their steps to take profits because the spirit of greed was inside me and it always make me regret at the end.

But since I became an expert in crypto trading, it hard for me to miss profits in every bull run in the market, because I use to trade when majority of traders are trading to make plenty profits from the market which is the same time I will visit the market to trade too.

I guess good strategy is profitable to traders, which is very important for newbies to always make use of strategy that will make them profit all the time in the market.

[milewilda]

1. Trading money that you can't afford to lose
On the moment that you do touch up this unpredictable space, then you should really be just making use of the money on which you can afford to lose. Why?
If ever you would really be able to lose up those funds then you wont really be finding yourself that being impulsive on which you could really be able to make yourself that easily move on.
Why? because you do know that you are just spending on the amount that you can afford to lose.

Also, on the moment that you would be having those loses then if you are making use of your last funds or something that it is really that your savings. Then you would be
making yourself that trying to chase up those loses. You would really be having that kind of desperation at the moment that you would really be doing trading
and this is something that wont be recommended because you would really be chasing up these things.

Was supposed to say the same thing on which it would really be always that better that you do have that main consideration when it comes on decisioning on making up some trading. Never ever make yourself that trading up on the amount that you cant afford to lose specially if it pertains about using your own life savings on which same as you said that on the moment that you would be using it then you would really be that too desperate on making profitable trades on which it would really be stirring up on overall minding and thinking on which this could really be able to affect majorly with your trading analysis.
This is why you should really be that careful on taking up some actions if you dont really like to mess up everything.

Mistakes are inevitable, it would really be just that a matter on how someone would really be able to have that good control towards their trading because people do usually
mess up on the things that they've been dealing because of such desperation.

[nara1892]

From the two points explained by the OP so far, I have seen more often that the majority of traders who ultimately fail and experience losses are because they cannot ignore the greed in their minds, especially when they succeed in making a profit in one of the sessions they do, and as we know that what is called greed is a dissatisfaction that a person has where no matter how much profit they achieve, they will still continue to try to seek greater profits.

If, for example, their actions are based on the correct approach, in the sense of making decisions based on careful considerations in accordance with the strategy they have, then perhaps the opportunity to gain greater profits could occur, but in some cases, greed will usually be carried out without realizing it. based on careful consideration, and usually they apply this greed only based on self-confidence due to previous success in achieving profits, which in the end they assume that bigger profits are near, even though they are not necessarily. And this is why a trader is required to have a take profit and stop loss.

[Gaza13]

We can make money in trading or crypto investment if we have the knowledge and what to do that will keep giving us the money to keep going. Winning and lossing is a common thing in the market and everyone also faces it to the core.
There are so many mistakes we might be making as a crypto trader and we need to always work on it if we want to be making consistent profits in the market. Disciplinary measures are one of the things that have kept many good traders in the market for many years without having to quit due to negative results.

Yes, mistakes or failures are normal in trading, this can be a benchmark or introspection for us to change and take lessons from there and continue to hone our skills from these failures. Indeed, every disciplinary action is part of achieving success in any matter. It is impossible for someone who has negative results from trading to survive there for long. It would be better if they had negative results over a long period of time there. It would be better for them to choose another method or option in determining their investment. The spot method is much better than trading.

[wiss19]

It is very important that we avoid being like this or having it. If words like 2% per month profit is okay, then we will say that it is not possible. I want 100% per week; these are just examples. Especially when we see someone who takes a profit of 100% per week, that's okay; it's just that the risk is too high. And it doesn't always happen like that; as long as our goal is "sustainability," we don't just rely on luck or maybe get lucky. Of course, we don't just want luck; instead, we want to have a monthly profit or passive income.

One common challenge is greed as you have mentioned. Honestly, the most successful traders that I have seen are usually caught making little profits instead of big ones. The idea is that with little profits (which are easier to achieve), you can replicate it many more times to make money that is safe and consistent than someone who is waiting on a higher percentage.

There is no doubt that greed is a recipe for disaster, a person can't get success in anything they are doing if they are greedy and not just trading. So for a person to become successful in a venture, they will need to get rid of their greed and start thinking critically and logically instead of trying to get as much as possible in a short period because this sort of mindset would usually get you nowhere and you will only be at loss, the same goes for trading.

Experts or those who have a lot of experience with financial markets will understand what they need to do, their targets would barely be very big because they know how unpredictable these markets and their assets can be, so it's always better that they exit the market when they are getting something instead of getting nothing later.

[uswa56]

Good finacial and risk management, things that also affects the outcomes of your trades, it's more on how you handle different situations as decision making mostly affects of your knowledge, if you have good insight, then you may continue developing your chances to earn, though if you failed then for sure you will going to deal with it as same as gambling, better to earn and seek for more ideas and compose it to create better strategy that may work accordingly.

When someone makes a decision in trading, they must have good knowledge of the trading they do because without good knowledge of trading, of course they will find it difficult to make profitable decisions in the trading we do and when someone experiences failure in trading, I think they have made a mistake in deciding something about the trading they do and they must be able to correct this so that they continue to make a profit from the trading we do. Every trader must of course continue to develop their knowledge about trading and must also be able to have the right strategy. good for making a profit.

[Issa56]

Agreed many traders tends to trade with so much money that they cant afford to lose cause of greed . Most don't like to understand what trading is all about they think it is a get rich scheme not knowing that it is like any other business which includes both losses and again . Taking that into consideration one should risk trading only a reasonable amount of funds.

If you are a trader, then you should always expect loss. Whether you are a professional trader or you are new to trading, you are definitely going to need losing, so when trading, always do it with any amount that we know we can afford to lose. Don’t trade with the money that’s going to affect your mental health if you lose. Always manage your risk properly as a trader. The only people who will think trading is a get rich quick scheme are newbies that are just about to join the crypto space, but if you are already in crypto space, you will understand that it’s not really a get rich quick scheme. If you are expecting quick money, then you will end up losing your money.

[Fredomago]

We can make money in trading or crypto investment if we have the knowledge and what to do that will keep giving us the money to keep going. Winning and lossing is a common thing in the market and everyone also faces it to the core.
There are so many mistakes we might be making as a crypto trader and we need to always work on it if we want to be making consistent profits in the market. Disciplinary measures are one of the things that have kept many good traders in the market for many years without having to quit due to negative results.

Yes, mistakes or failures are normal in trading, this can be a benchmark or introspection for us to change and take lessons from there and continue to hone our skills from these failures. Indeed, every disciplinary action is part of achieving success in any matter. It is impossible for someone who has negative results from trading to survive there for long. It would be better if they had negative results over a long period of time there. It would be better for them to choose another method or option in determining their investment. The spot method is much better than trading.

If we keep absorbing good learning from those experienced failures, then it can establish good skills, there's always a positive learning that you can achieve in each trades that you'll execute, win or lose the knowledge and experienced can be use to make your understanding be much better.

If you really wanted to learn and earn from this industry, you need to keep adjusting and not to stop finding the best practice to execute your trades and if fate permits then you'll be able to convert those failure to great success.

[Lantind]

We can make money in trading or crypto investment if we have the knowledge and what to do that will keep giving us the money to keep going. Winning and lossing is a common thing in the market and everyone also faces it to the core.
There are so many mistakes we might be making as a crypto trader and we need to always work on it if we want to be making consistent profits in the market. Disciplinary measures are one of the things that have kept many good traders in the market for many years without having to quit due to negative results.

Yes, mistakes or failures are normal in trading, this can be a benchmark or introspection for us to change and take lessons from there and continue to hone our skills from these failures. Indeed, every disciplinary action is part of achieving success in any matter. It is impossible for someone who has negative results from trading to survive there for long. It would be better if they had negative results over a long period of time there. It would be better for them to choose another method or option in determining their investment. The spot method is much better than trading.

It is true that this is normal for a trader, but they must be able to make this a bad experience where they must learn from the mistakes they made and correct them so as not to repeat them in the future. Those who have enjoyed big profits in trading of course they have Having good skills and experience in trading will certainly be able to survive in trading, because if they continue to fail, of course there is something wrong with what they are doing and it would be better to try a different method as you have mentioned.