Don't do this mistakes in trading

[Awwal08]

Talking about trading with money that you cannot afford to lose, you want to start trading does not mean that you will be gaining a lot of profit, and does not guarantee you to invest a huge amount of capital  in your trading, what if you do so and you end up losing you should said good bye to the money,  because you won’t be able to retrieved it back again and you will be broken, so if you are trading, you should trade with amount of money that even if you lose, you will not break down and you will be able to stand on your feet again.

[Adbitco]

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.

What mostly turned down the hands of trader is trading between altcoin especially newly listed coin the manipulative effects is much therefore while delving into the market one should limits trading between altcoin or just focused on bitcoin and usdt except, that trading is not a greedy trader where he could be able to sell whenever few percentage of profits is being accumulated from the alts. Alt isn't a coin to hold till a new trades is open so the best before closing one should be able to hold a reliable coin could be btc or usdt just to make sure their equity is secured.

[Gaza13]

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.

Yes, everyone has of course felt the bad effects of their trading and I have felt it too. Indeed, greed can cause us disaster or have a bad impact on our finances. Indeed, no one can read price movements in the market, trading movements are very wild. To minimize losses from our trading, we must use Stop Loss and TP in our trading. Even though we don't get big results, of course we are grateful to get profits from there. If this is repeated often by you then the results are quite profitable for us.

[Z_MBFM]

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.

When one goes into futures trading, a lot of greed works in him because he thinks that if the price of that token or coin moves further towards his entry, he can make a good amount of profit very quickly, preventing him from closing the position. Later it turns out that all the money has to be lost due to liquidation. Again, in the case of spot trading, many people invest in the wrong coin to get high profits quickly, and after holding it for a long time, if the price crashes later, it does not recover. The result is loss. If you can't control greed, you have to lose in all sectors.

[Fredomago]

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.

When one goes into futures trading, a lot of greed works in him because he thinks that if the price of that token or coin moves further towards his entry, he can make a good amount of profit very quickly, preventing him from closing the position. Later it turns out that all the money has to be lost due to liquidation. Again, in the case of spot trading, many people invest in the wrong coin to get high profits quickly, and after holding it for a long time, if the price crashes later, it does not recover. The result is loss. If you can't control greed, you have to lose in all sectors.

Yeah, most of the time that kind of misconceptions leads traders to lose a lot of money, unknowingly that the market fluctuates to any directions makes you feel more aggressive, those who manage to earn some will push for more and think that they already knew how the market moves but a mistake can cause them losing more.

You need to keep learning and improving your understanding and not just putting your position a same like gambling to your fate, spot trading needs a lots of efforts to plan your position not just put it on and let it roll.