Why day traders lose

[masulum]

Normally, traders who always in the market lose money Becaus why will you want to take advantage of every move in the market, you need to make use of strategy in a way that will favor, but some traders kind of rush the market thinking trading all the time will be a way of making a lot of money for them.

Where some traders can make a huge money from a single, maybe say trader will be there struggling to make half of that, the saddest truth is that traders don’t actually make money every day.

Trader who always stay in front of the screen to monitor market and price is only for them who have strong mental to not cutloss, not fomo and able to take good decision to exit market. If they are easy to panic, it is very not recommended to monitor the market all the time. Because this become the cause to be a paper hand. The decision making become premature, so they lose a lot of money because the decision taken from panic or fomo.

[Jatiluhung]

Normally, traders who always in the market lose money Becaus why will you want to take advantage of every move in the market, you need to make use of strategy in a way that will favor, but some traders kind of rush the market thinking trading all the time will be a way of making a lot of money for them.

Where some traders can make a huge money from a single, maybe say trader will be there struggling to make half of that, the saddest truth is that traders don’t actually make money every day.

Trader who always stay in front of the screen to monitor market and price is only for them who have strong mental to not cutloss, not fomo and able to take good decision to exit market. If they are easy to panic, it is very not recommended to monitor the market all the time. Because this become the cause to be a paper hand. The decision making become premature, so they lose a lot of money because the decision taken from panic or fomo.

Most of those who constantly monitor the market every day are day traders. In fact, there are always those who succeed in the profession of day trading. it’s just that the ratio is 1 in 1,000. This means that out of 1,000 people, perhaps only one will succeed. and those who do succeed are usually the ones who have truly mastered the ability to control their emotions in the market. And day traders don’t actually open positions every time they monitor the market. Those who succeed as day traders are usually much more cautious. They monitor the market all day say, for 8 hours, but sometimes they only open 1 or 2 positions. And sometimes they don’t always make a profit. However, they know how to discipline themselves so that their profit-to-loss ratio remains in their favor. They record everything in their trading journal. And that’s how they become disciplined traders. I know this because I have an acquaintance who is also a day trader. And the fact is, he is still a day trader to this day.

[Lannakosa]

Trader who always stay in front of the screen to monitor market and price is only for them who have strong mental to not cutloss, not fomo and able to take good decision to exit market. If they are easy to panic, it is very not recommended to monitor the market all the time. Because this become the cause to be a paper hand. The decision making become premature, so they lose a lot of money because the decision taken from panic or fomo.

But if you are active trader, you will constantly monitoring the market anyway, even when you do not have an open position, then you are analyzing it in order to find a good entry point. And if you already have one or several open positions, then you will be tracking your coins even more closely so that if the market moves according to your expectations, you can maximize your profit.

[henmark]

Most day traders have never run a business before they have always worked under someone else. Someone else has already developed a successful trading strategy and they are simply following that guidance. Most day traders do not want to admit that it takes a long time to master their skills. They think that they can start working in a few days or weeks by reading some books or watching some Youtube videos. Most day traders do not keep any trading records and cannot even remember what the entry price was. Most day traders do not pay much attention to risk management. They believe that losing trades will turn around so they do not want to close losing positions which leads to big losses.

Even if not closing losing trades don't make one lose excessive amounts, they are surely going to get their capital stuck if they haven't used stop-loss and are now waiting for the market to recover and get back to where it was when they bought.

This has happened with me, and many other traders as well as a newbie, because when you are inexperienced and don't understand much, you will have this kind of a mindset where you think that if you close the trade at a loss, you will lose money even if it's just a small percentage, so you should rather let the market go down and come back again so that then you can close the trade.

However, an experienced and knowledgeable person would think of it differently, they would think that if you have your capital free, and the market is going down, you can buy from a lower point, and then when the market reaches where the first trade was made, they will make more money than they have lost when the stop-loss was hit. I know that it might not happen all the time, because sometimes the market goes down, your stop-loss gets hit, and it goes up again immediately, but that is a rarity.

[Webetcoins]

Most of those who constantly monitor the market every day are day traders. In fact, there are always those who succeed in the profession of day trading. it’s just that the ratio is 1 in 1,000. This means that out of 1,000 people, perhaps only one will succeed. and those who do succeed are usually the ones who have truly mastered the ability to control their emotions in the market. And day traders don’t actually open positions every time they monitor the market. Those who succeed as day traders are usually much more cautious. They monitor the market all day say, for 8 hours, but sometimes they only open 1 or 2 positions. And sometimes they don’t always make a profit. However, they know how to discipline themselves so that their profit-to-loss ratio remains in their favor. They record everything in their trading journal. And that’s how they become disciplined traders. I know this because I have an acquaintance who is also a day trader. And the fact is, he is still a day trader to this day.

Yeah, there are many people who make mistakes regards to trading and this is normal, there is nothing that we can do to make this change, for the time being we need to be careful with what we are dealing with and as long as we can do it properly then it will not be a problem at all.

Many people make a mistake regards to this, and that is why they end up with bad results. If you are careful then you will not be getting these type of bad results. Learn how to be better, and you should be fine.

[Big Dirams]

Trader who always stay in front of the screen to monitor market and price is only for them who have strong mental to not cutloss, not fomo and able to take good decision to exit market. If they are easy to panic, it is very not recommended to monitor the market all the time. Because this become the cause to be a paper hand. The decision making become premature, so they lose a lot of money because the decision taken from panic or fomo.

But if you are active trader, you will constantly monitoring the market anyway, even when you do not have an open position, then you are analyzing it in order to find a good entry point. And if you already have one or several open positions, then you will be tracking your coins even more closely so that if the market moves according to your expectations, you can maximize your profit.

Mostly this implies to day traders. Day traders are always glue to the chart checking for possible opportunities from the market that they could easily take advantage of and open good entry. Day trader are always checking out the chart finding possible means and possible ways of making profits from the market or just as you said they are looking for means to analyze the market and come up with some strategies which will lead to profits for them.
Keeping glue to the chart helps day traders to keep track with their positions so they don’t fall into loss or regrets.
  But swing traders are not always glue to the market or stay up and keep watching the market chart instead they open entries for days and allow the market to do it thing.