Common Mistakes people make in Trading

[barisbilgili]

LACK OF RESEARCH AND UNDERSTANDING: lack of research and understanding is the common mistake a lot of traders make due to willingness, eagerness, and impatient, they will involved themselves in trading without investigating and having proper knowledge, education and understanding on trading, and with having knowledge on the basics concepts of trading it helps to have a lots of experience on it and it will also serve as a guidance to the trader on how they are going to manage their marketing.

All jobs do require understanding and experience in order to be able to do it smoothly without any obstacles and of course this can be obtained through research and learning from people who already know it now. I think nothing is that difficult as long as we have more time to learn and also to do our own research after learning from several sectors for trading, so use your time wisely and don't need to make decisions in a hurry because it will also not be good enough for beginner traders.

In trading, it is not that difficult, especially since we can continue to learn over time and it is undeniable that laziness or underestimating something causes many traders to skip this stage.
Doing research first or having more knowledge about something before deciding to trade is quite important and I think it can minimize the risk.
And indeed, it is a common mistake that often occurs, but for me personally, the common mistake that often happens to me is greed that is difficult to control to get bigger profits, I think that's what always makes emotions not good for a trade that is being done.

[passwordnow]

The problem is, not all traders are patient enough to wait for the right set-up to trade as majority of newbies in trading are greedy and would want to earn get-rich-quick profits. That's probably the reason why majority at loss while only those early traders have been succeeding and are making sustainable profits when trading. Trading is not chasing profits at all cost, but it's certainly trading when there is a good opportunity to.

Why majority are losing in trading is because they are too greedy. You're right that many of them wants to get rich so quick in trading and they are testing strategies that doesn't go along with what suits them. And they think that trading is an easy financial game but their expectations are broken when they have face the real thing in the market. This is why do not expect that you'd always be good in everything that you're testing out. The good traders out there really make money but it doesn't mean that they have no mistakes that they commit.

What we can guarantee is that there is no 100% accuracy for trading. Losses are there even the best of the best gets some filthy moments and trades that are losing them. The mistake is by becoming too confident whenever someone is able to make a trade or two but this market relies on so many things and not just all about the charts. Sometimes it becomes connected to the world events, the actual market motion and more fundamentals. An ugly news can make someone happily trade with their positions and that's why from the mistakes that we commit, we should learn from it or better not trade at all when you can't go along with the tough market.

[Mame89]

All jobs do require understanding and experience in order to be able to do it smoothly without any obstacles and of course this can be obtained through research and learning from people who already know it now. I think nothing is that difficult as long as we have more time to learn and also to do our own research after learning from several sectors for trading, so use your time wisely and don't need to make decisions in a hurry because it will also not be good enough for beginner traders.

In trading, it is not that difficult, especially since we can continue to learn over time and it is undeniable that laziness or underestimating something causes many traders to skip this stage.
Doing research first or having more knowledge about something before deciding to trade is quite important and I think it can minimize the risk.
And indeed, it is a common mistake that often occurs, but for me personally, the common mistake that often happens to me is greed that is difficult to control to get bigger profits, I think that's what always makes emotions not good for a trade that is being done.

Everything we do well and seriously is certainly not complicated, including trading. Trading is actually quite complicated and even has a very high risk, but if you continue to learn and explore everything, trading is not complicated. The most important thing besides continuing to learn is to make failure or every time you trade an experience that must be continuously renewed because experience is the best teacher, frankly until now I have never tired of learning trading to become better because trading cannot be underestimated, if you don't want to experience a lot of losses.

In addition, what is needed when trading is to avoid emotions. Logic and emotion in trading are very much needed because both of these things can interfere with good decisions in trading. So to overcome this, we can practice with risk management techniques, such as determining when we should enter the market and when we should exit the market. It must be admitted that most traders make mistakes because they do not have good emotional control.

[pusaka]

In trading, it is not that difficult, especially since we can continue to learn over time and it is undeniable that laziness or underestimating something causes many traders to skip this stage.
Doing research first or having more knowledge about something before deciding to trade is quite important and I think it can minimize the risk.
And indeed, it is a common mistake that often occurs, but for me personally, the common mistake that often happens to me is greed that is difficult to control to get bigger profits, I think that's what always makes emotions not good for a trade that is being done.

I think it is difficult, if trading is easy then there should be no story where someone fails and has to lose a lot of money because of trading. Maybe it is more appropriate to say that something is difficult but if we continue to process and learn then over time we will find something or a way that can make it easier for us to take advantage of trading.
But I agree with you about laziness, I think everyone will have that kind of laziness, but what makes the difference is when we can fight it. Basically if we don't force ourselves we will feel lazy, but what I experienced was when we were able to fight that laziness by forcing ourselves, then one day it will become a habit and the laziness will automatically decrease.

[AmoreJaz]

LACK OF RESEARCH AND UNDERSTANDING: lack of research and understanding is the common mistake a lot of traders make due to willingness, eagerness, and impatient, they will involved themselves in trading without investigating and having proper knowledge, education and understanding on trading, and with having knowledge on the basics concepts of trading it helps to have a lots of experience on it and it will also serve as a guidance to the trader on how they are going to manage their marketing.

All jobs do require understanding and experience in order to be able to do it smoothly without any obstacles and of course this can be obtained through research and learning from people who already know it now. I think nothing is that difficult as long as we have more time to learn and also to do our own research after learning from several sectors for trading, so use your time wisely and don't need to make decisions in a hurry because it will also not be good enough for beginner traders.

In other words, don't rush yourself in acquiring knowledge in trading. It is not an overnight task to know it all in trading. Sometimes it would take years before you get the full grasp of what's going on in trading. As you explore different alts, you will also need to learn each of them to understand their market trend.

[Distinctin]

In trading, it is not that difficult, especially since we can continue to learn over time and it is undeniable that laziness or underestimating something causes many traders to skip this stage.
Doing research first or having more knowledge about something before deciding to trade is quite important and I think it can minimize the risk.
And indeed, it is a common mistake that often occurs, but for me personally, the common mistake that often happens to me is greed that is difficult to control to get bigger profits, I think that's what always makes emotions not good for a trade that is being done.

I think it is difficult, if trading is easy then there should be no story where someone fails and has to lose a lot of money because of trading. Maybe it is more appropriate to say that something is difficult but if we continue to process and learn then over time we will find something or a way that can make it easier for us to take advantage of trading.
But I agree with you about laziness, I think everyone will have that kind of laziness, but what makes the difference is when we can fight it. Basically if we don't force ourselves we will feel lazy, but what I experienced was when we were able to fight that laziness by forcing ourselves, then one day it will become a habit and the laziness will automatically decrease.

It's easy not to get lazy in educating yourself about trading but it seems not everyone is motivated enough to learn more simply because of greed and the desire of wanting get-rich-quick profits when we all know it won't be possible in trading. Trading is all about patience, so if you can't be patient in learning and chose to be lazy all the time, then there's no way you'll be profitable in trading.

[Webetcoins]

It's easy not to get lazy in educating yourself about trading but it seems not everyone is motivated enough to learn more simply because of greed and the desire of wanting get-rich-quick profits when we all know it won't be possible in trading. Trading is all about patience, so if you can't be patient in learning and chose to be lazy all the time, then there's no way you'll be profitable in trading.

If someone is lazy in getting education and knowledge is the biggest problem in recent time because I know many peoples those were ruined themselves just because of this laziness because they are doing things not as they are looking for and having bad results so this usually kill motivation and also having negative impact on person's life even with taking not good education and staying with greediness also never works with if you are capable of having good education and knowledge base this is always working for you and give you better motivation which is most important while you are having your stay into trading and other things in life.

In other words, don't rush yourself in acquiring knowledge in trading. It is not an overnight task to know it all in trading. Sometimes it would take years before you get the full grasp of what's going on in trading. As you explore different alts, you will also need to learn each of them to understand their market trend.

Always having better things and staying into middle of things works because usually lazy peoples suffer due to their lack of knowledge and lack of understanding as they are not doing things on time and suffering just like this we have few peoples those are tried to rush and this also give them setbacks because doing things like these in rush is also not ideal you need to be stayed on better way for having better results. For better understanding and having better results always try to stay on better lines because this is important with rushing or having lazy mind-set never works.

[Awaklara]

If someone is lazy in getting education and knowledge is the biggest problem in recent time because I know many peoples those were ruined themselves just because of this laziness because they are doing things not as they are looking for and having bad results so this usually kill motivation and also having negative impact on person's life even with taking not good education and staying with greediness also never works with if you are capable of having good education and knowledge base this is always working for you and give you better motivation which is most important while you are having your stay into trading and other things in life.

however, trading is not something that can be done by people who only rely on luck. there is a learning process that must be done to master trading well. this will be an important factor because it will only make your trading lose when you don't learn anything that a trader needs.
after you have the knowledge to trade, then with your trading experience you will automatically grow a positive attitude to manage your trading more comfortably. don't trade more often, maybe most people think trading more often will increase experience. but when you can't control your emotions, trading more often will only make you greedy and out of control.

[pusaka]

I think it is difficult, if trading is easy then there should be no story where someone fails and has to lose a lot of money because of trading. Maybe it is more appropriate to say that something is difficult but if we continue to process and learn then over time we will find something or a way that can make it easier for us to take advantage of trading.
But I agree with you about laziness, I think everyone will have that kind of laziness, but what makes the difference is when we can fight it. Basically if we don't force ourselves we will feel lazy, but what I experienced was when we were able to fight that laziness by forcing ourselves, then one day it will become a habit and the laziness will automatically decrease.

It's easy not to get lazy in educating yourself about trading but it seems not everyone is motivated enough to learn more simply because of greed and the desire of wanting get-rich-quick profits when we all know it won't be possible in trading. Trading is all about patience, so if you can't be patient in learning and chose to be lazy all the time, then there's no way you'll be profitable in trading.

It is easy for people who can fight laziness, unlike people who are still unstable, sometimes they are enthusiastic and sometimes they are lazy.
Yes, in trading we must have patience and patience will be achieved if we have a lot of positive energy in us. We can bring positive energy or we can create it, it depends on whether we want to activate it or not. Laziness is a form of negative energy and we must fight it so that positive things grow in us.
This will not be easy at all to do, because sometimes we just want to get something from instant ways without going through a long process, while in my opinion it can be said to be impossible if you want something instantly.

[shawonngp]

In trading, it is not that difficult, especially since we can continue to learn over time and it is undeniable that laziness or underestimating something causes many traders to skip this stage.
Doing research first or having more knowledge about something before deciding to trade is quite important and I think it can minimize the risk.
And indeed, it is a common mistake that often occurs, but for me personally, the common mistake that often happens to me is greed that is difficult to control to get bigger profits, I think that's what always makes emotions not good for a trade that is being done.

I think it is difficult, if trading is easy then there should be no story where someone fails and has to lose a lot of money because of trading. Maybe it is more appropriate to say that something is difficult but if we continue to process and learn then over time we will find something or a way that can make it easier for us to take advantage of trading.
But I agree with you about laziness, I think everyone will have that kind of laziness, but what makes the difference is when we can fight it. Basically if we don't force ourselves we will feel lazy, but what I experienced was when we were able to fight that laziness by forcing ourselves, then one day it will become a habit and the laziness will automatically decrease.

It's easy not to get lazy in educating yourself about trading but it seems not everyone is motivated enough to learn more simply because of greed and the desire of wanting get-rich-quick profits when we all know it won't be possible in trading. Trading is all about patience, so if you can't be patient in learning and chose to be lazy all the time, then there's no way you'll be profitable in trading.

There is no alternative way of research in trading that can be very successful without doing it, so lazy people will never success in the trading, they will lose everything today or after a few months, they can not control their greed to get quick rich in trading and can not keep patience due to lack of knowledge about strategy.

[Wildwest]

There are many mistakes made by traders for various reasons according to their respective methods. A common mistake that often occurs is that traders are unable to control their emotions because they are too ambitious in pursuing instant profits. The stop loss system is the best way in trading to hold existing assets so that they remain in the same number of coins, which is usually done by high level traders, with the mistakes we have experienced becoming an experience so that the same mistakes don't happen again and we want to learn things the new one.

[GigaBit]

In trading, it is not that difficult, especially since we can continue to learn over time and it is undeniable that laziness or underestimating something causes many traders to skip this stage.
Doing research first or having more knowledge about something before deciding to trade is quite important and I think it can minimize the risk.
And indeed, it is a common mistake that often occurs, but for me personally, the common mistake that often happens to me is greed that is difficult to control to get bigger profits, I think that's what always makes emotions not good for a trade that is being done.

I think it is difficult, if trading is easy then there should be no story where someone fails and has to lose a lot of money because of trading. Maybe it is more appropriate to say that something is difficult but if we continue to process and learn then over time we will find something or a way that can make it easier for us to take advantage of trading.
But I agree with you about laziness, I think everyone will have that kind of laziness, but what makes the difference is when we can fight it. Basically if we don't force ourselves we will feel lazy, but what I experienced was when we were able to fight that laziness by forcing ourselves, then one day it will become a habit and the laziness will automatically decrease.

It's easy not to get lazy in educating yourself about trading but it seems not everyone is motivated enough to learn more simply because of greed and the desire of wanting get-rich-quick profits when we all know it won't be possible in trading. Trading is all about patience, so if you can't be patient in learning and chose to be lazy all the time, then there's no way you'll be profitable in trading.

Laziness may occur in learning. But a successful trader must keep an eye on that. If we embrace laziness we are deprived of learning which will cause us to lose out on change. It should be remembered that money never comes automatically to anyone. It has to be achieved. An apprentice must go through hard times to get proper education. Once that education is acquired, its benefits can be enjoyed throughout life. The biggest difference between a successful person and a failure is that successful people do not tolerate laziness. The most common mistake in the trading world is that many people start trading without knowing about trading. That is, starting trading without adequate knowledge is the most common mistake. I can compare knowledge in trading as the weapons in war.