Topic: 3 things should not be too in trading - page 4. (Read 1305 times)
Yes I agree with you. Don't trade too much. Know your limitation on your capacity to manage and market situation. And the summary of your tips is do not greedy because it will drive you going to loss. All of your action here in trading business even a small decision will have a big impact to your investment,do make sure that you will think and study your every move.
trading must have characteristics that can control patience, not easily affected and avoid greediness because these three traits will only make you lose when complacent, trading must be careful and in my opinion if you want to get profits you should be able to avoid these three traits.
Of course if a Trader must possess these three characteristics, because patience in trading is the most important point we have to have. In trading, You must be yourself, Don't trust too much of the trading signals given by someone or that you get in the trading signal provider group.Trading is not that easy as people as thinking, we need perseverance, capital, a lot of effort to learn about different strategies, be ready with losses, patience, always be ready that not every time our technical analysis is correct, everything could happen too so we really need patience before we finally meet the altitude of success.
Greediness is not a good trait for a trader. The trader should not be greedy in trading and they should have a concrete plan to follow and that will help to stay focused and concentrated in trading. Trading is game which involve a lot of emotions but if you unlock the possibility of controlling your emotion then you will win in this profession.
When an opportunity arises, you can't really blame traders who will go for 3/4 or all-in when trading. We are humans after all--always filled with emotions, excitement/eagerness when we see something we know we can benefit from--it applies to everything. Greediness, on the other hand, is arguably a sensitive topic. Not that you're referring/labeling a person being "greedy" but I think the term is a perk in a way, especially when it comes to entrepreneurship/business, people that have this trait is very eager on earning money. Though this could be viewed in a very different manner, many people are accustomed to "greediness" as a "bad" trait, but I'd say otherwise.
one more, many people said that trading is a game, but i think that's wrong. because if it is a game, traders just do it for have fun, not serious to do
so, having perspective trading is like game should not do by traders. because wrong perspective can affect so much in the trading OFC
trading must treat like a bussines. focuss, accountable, keep learning, patience, hard work, research
so, having perspective trading is like game should not do by traders. because wrong perspective can affect so much in the trading OFC
trading must treat like a bussines. focuss, accountable, keep learning, patience, hard work, research
For me, it depends on the person/ trader, which is his/her weakness in trading, but most reasons are emotions, patience, overreact. When it comes to emotions, its like patience because if you can't manage well your emotions, it ends up breaking all your plans and calculations. We all have a different range when we buy and sell, but if you can't deal patiently with for your profitable rate, I'm sure it will be different calculations. Also, some trader is overreacting that they panic selling their cryptos because of some fake news/ unreliable news. 
Being too emotional when you trade is one of the most common mistakes that traders make and it can be one of the most costly, the reason for this is that you only need to make one mistake to erase all the progress that you have made for years in a single day, I have a friend that is a trader, he doesn't trade cryptocurrencies but he trades other markets and during two years he was able to obtain small but consistent profits. And then one day he made a mistake reading the markets and he lost money, he lost months worth of profits and while that was bad it could have been fine if he just calmed himself down, but he didn't, and he tried to recover all the money that he lost in the next trade and he lost way more money as a result of that mistake.
Best traders should not know many methods, just understand and know how to operate 1 to 2 methods is good enough. Left focus on managing capital and psychology. Slowly the results will be improved.
In short, anything too is not good. Everything should be at a moderate level, we learn a little bit each day, trade a little bit each day, forge a little each day. We go slowly, the results come slowly and go hand in hand throughout our trading journey. If you do not want to lose, firstly traders need to remember 3 things that should not be so in trading!
In short, anything too is not good. Everything should be at a moderate level, we learn a little bit each day, trade a little bit each day, forge a little each day. We go slowly, the results come slowly and go hand in hand throughout our trading journey. If you do not want to lose, firstly traders need to remember 3 things that should not be so in trading!
Knowing a lot of methods is not a bad thing, it actually indicates that traders are person who want to keep learning.
Even when constantly changing the way is also not the wrong thing, could be done to find a method that suitable, fits in the sense of capital, emotions, the time the trader has.
Greediness is not a good trait for a trader. The trader should not be greedy in trading and they should have a concrete plan to follow and that will help to stay focused and concentrated in trading. Trading is game which involve a lot of emotions but if you unlock the possibility of controlling your emotion then you will win in this profession.
When an opportunity arises, you can't really blame traders who will go for 3/4 or all-in when trading. We are humans after all--always filled with emotions, excitement/eagerness when we see something we know we can benefit from--it applies to everything. Greediness, on the other hand, is arguably a sensitive topic. Not that you're referring/labeling a person being "greedy" but I think the term is a perk in a way, especially when it comes to entrepreneurship/business, people that have this trait is very eager on earning money. Though this could be viewed in a very different manner, many people are accustomed to "greediness" as a "bad" trait, but I'd say otherwise.
trading must have characteristics that can control patience, not easily affected and avoid greediness because these three traits will only make you lose when complacent, trading must be careful and in my opinion if you want to get profits you should be able to avoid these three traits.
Being an individual traders in this field of business, we shouldn't be greed at all times every time you decide to make trade in the exchange platform. Then, being emotional too, this is what I always saw to the most traders too, were it lead them most often to loss their coins or capital as well, and also we shouldn't be impatience if ever you like to apply long term holding in such a coins.
This is mostly traders lose because of greed and cannot control emotions. This happens indeed so traders should be cautious on our move when trading coins to have at least earning profit. Also, let's manage our attitudes during trading, our achievement in trading occurs in our hands. Trade too much
This is probably the very common case. Trade too many orders at a time. I once met surfing traders who traded hundreds of orders a day. Almost every day glued to the screen to transact. People who trade this way often hate to set stoploss, of course I still meet people with stoploss and they often take short profits, enter the market continuously and can say their trading history is very beautiful. , rarely see loss orders.
However, once they are at a loss, these traders are the ones who are most psychologically vulnerable, but because they trade often, they always put their capital and psychology behind the priority list. transaction plan. A single loss can make them more vulnerable to psychological and trading out of control. Even resulting in gongs and account destruction.
There is another case that is trade addiction. These traders often prefer to enter continuous orders. Sometimes they don't have any basis for trading, because they want to trade, want to be able to get in and out and see a positive account. But once they lose, they easily fall into the kind of revenge deal. Often new traders easily fall into this situation. In any case, it's still not good for traders at all. If you are at a loss in this case then do not blame anyone, you are the cause of your account.
Collection of 5 interesting facts about Bitcoin that traders or investors should know: https://vakaxa.com/vi/tuyen-tap-5-su-that-thu-vi-ve-bitcoin-ma-cac-trader-hay-nha-dau-tu-nen-biet/
The trading volume is too large
This is yet another common case for trades that clearly show greed and desire to eat thick. No matter how good your analysis is, if you enter the market with such a large volume you are gambling. You ignore the probability of the market.
Trading volume is too large, which makes the trader psychologically if the price goes against the judgment. This proves that traders have no rules in capital management and gradually it becomes a habit that makes traders overlook stoploss placement. It is a very dangerous thinking, if keeping this way of trading, it is very difficult to go far from the market.
When trading large amounts, your account goes faster than you think. Once you lose money, this loss will cause you to lose control and make many wrong decisions and lead to losing money. So if you have a large trade loss, do not rush to blame the market or method. The number one cause lies in yourself.
Know too many methods
Many traders take a long time to read and save on trading and then apply to their account. The result is more than expected. Losing no more armor, losing to the end.
This is also the case without exception. The trading method is what makes traders the easiest to fall in. Rarely does anyone try to be patient with a method, learn every nook and cranny of that method to confirm whether they are effective or not, but the trader just keeps looking at the profits and then trading for a couple of weeks to see no results. is to find another.
When I know too many methods, it is easy for a trader to realize that I know a lot about trading, I go through many methods, each holding a little. But the final problem is that the trade is still inefficient, even though the trade knows much, sometimes it makes the trade make the wrong trading decision. Knowing too many methods easily makes traders lose confidence and frustration.
Best traders should not know many methods, just understand and know how to operate 1 to 2 methods is good enough. Left focus on managing capital and psychology. Slowly the results will be improved.
In short, anything too is not good. Everything should be at a moderate level, we learn a little bit each day, trade a little bit each day, forge a little each day. We go slowly, the results come slowly and go hand in hand throughout our trading journey. If you do not want to lose, firstly traders need to remember 3 things that should not be so in trading!
There are no limits or boundaries if you trade in good way and not indulge yourself in ilicit activities provided you have proper knowledge and skills to compete in the market and generate profits for your sake.But you have mentioned some good points for newbies in trading and they need to learn that they need not to be dependant on others like expert or trading groups who provide signals just to make their own profit by fooling investors.So be your own advisor. This is probably the very common case. Trade too many orders at a time. I once met surfing traders who traded hundreds of orders a day. Almost every day glued to the screen to transact. People who trade this way often hate to set stoploss, of course I still meet people with stoploss and they often take short profits, enter the market continuously and can say their trading history is very beautiful. , rarely see loss orders.
However, once they are at a loss, these traders are the ones who are most psychologically vulnerable, but because they trade often, they always put their capital and psychology behind the priority list. transaction plan. A single loss can make them more vulnerable to psychological and trading out of control. Even resulting in gongs and account destruction.
There is another case that is trade addiction. These traders often prefer to enter continuous orders. Sometimes they don't have any basis for trading, because they want to trade, want to be able to get in and out and see a positive account. But once they lose, they easily fall into the kind of revenge deal. Often new traders easily fall into this situation. In any case, it's still not good for traders at all. If you are at a loss in this case then do not blame anyone, you are the cause of your account.
Collection of 5 interesting facts about Bitcoin that traders or investors should know: https://vakaxa.com/vi/tuyen-tap-5-su-that-thu-vi-ve-bitcoin-ma-cac-trader-hay-nha-dau-tu-nen-biet/
The trading volume is too large
This is yet another common case for trades that clearly show greed and desire to eat thick. No matter how good your analysis is, if you enter the market with such a large volume you are gambling. You ignore the probability of the market.
Trading volume is too large, which makes the trader psychologically if the price goes against the judgment. This proves that traders have no rules in capital management and gradually it becomes a habit that makes traders overlook stoploss placement. It is a very dangerous thinking, if keeping this way of trading, it is very difficult to go far from the market.
When trading large amounts, your account goes faster than you think. Once you lose money, this loss will cause you to lose control and make many wrong decisions and lead to losing money. So if you have a large trade loss, do not rush to blame the market or method. The number one cause lies in yourself.
Know too many methods
Many traders take a long time to read and save on trading and then apply to their account. The result is more than expected. Losing no more armor, losing to the end.
This is also the case without exception. The trading method is what makes traders the easiest to fall in. Rarely does anyone try to be patient with a method, learn every nook and cranny of that method to confirm whether they are effective or not, but the trader just keeps looking at the profits and then trading for a couple of weeks to see no results. is to find another.
When I know too many methods, it is easy for a trader to realize that I know a lot about trading, I go through many methods, each holding a little. But the final problem is that the trade is still inefficient, even though the trade knows much, sometimes it makes the trade make the wrong trading decision. Knowing too many methods easily makes traders lose confidence and frustration.
Best traders should not know many methods, just understand and know how to operate 1 to 2 methods is good enough. Left focus on managing capital and psychology. Slowly the results will be improved.
In short, anything too is not good. Everything should be at a moderate level, we learn a little bit each day, trade a little bit each day, forge a little each day. We go slowly, the results come slowly and go hand in hand throughout our trading journey. If you do not want to lose, firstly traders need to remember 3 things that should not be so in trading!
Yeah, there is something in trading should be avoided, if you are a newcomer to this trading then you have to follow some basic things, some of three are mentioned very clearly, I also think that trading too much may bring a crisis very often, trade should be organized and planned in a way, otherwise all the taken steps would fall in a vain, also you must think twice before trading and the amount of money, never think that the high volume does not always turn a good outcome, I know a lot of events that small amount of money give back a large amount of profit so be cautious, another thing is that we should follow a method which is best suited to us so that we don't give much time and tension to maintain trading.
Being an individual traders in this field of business, we shouldn't be greed at all times every time you decide to make trade in the exchange platform. Then, being emotional too, this is what I always saw to the most traders too, were it lead them most often to loss their coins or capital as well, and also we shouldn't be impatience if ever you like to apply long term holding in such a coins.
Thanks for the insightful guide. I like how you just hit the nail on the head. I've encountered some if not all of them. When I was just starting out, I got caught up the whole "become a millionaire" trading frenzy. With time, I made more trades than I could count. I didn't really lose but I ended up accumulating more than enough fees. That's why I'm still learning and I always advise new traders to do same.
When you get the knowledge and put in the work, the rewards are endless.
When you get the knowledge and put in the work, the rewards are endless.
Why not just simply say never be greedy?
You just added "too" in every negative way to exaggerate the word but there are already made words to identify that.
There is no need for three things, just one will suffice.
Again, it is greed which will put you into a breaking position when all your money is currently in the losing side.
You just added "too" in every negative way to exaggerate the word but there are already made words to identify that.
There is no need for three things, just one will suffice.
Again, it is greed which will put you into a breaking position when all your money is currently in the losing side.
One thing that I believe is very important is knowledge, as this is what you MUST have if you are to succeed in trading. I find this rather easy and simple with YouTube and other platforms, as through this it really helps me to move forward. We can learn a lot with Crypto Videos or various other ways for trading, it’s all that makes you feel comfortable and is one solid option through which you can make good and consistent amount of money.
Make sure that you subscribed to an actual crypto trader,there are lot of youtubers pretending to be crypto traders just to get some views so we can't trust everyone,we also have to check other social media platform of that person,if he is actually good predictor then we can learn from him.
For me, it depends on the person/ trader, which is his/her weakness in trading, but most reasons are emotions, patience, overreact. When it comes to emotions, its like patience because if you can't manage well your emotions, it ends up breaking all your plans and calculations. We all have a different range when we buy and sell, but if you can't deal patiently with for your profitable rate, I'm sure it will be different calculations. Also, some trader is overreacting that they panic selling their cryptos because of some fake news/ unreliable news.
Patience as always, we often read or heard this world in every trading venues that we will going to deal with this business. You need to bring a lots of this while working with your investment as you can control your emotions correctly if you have patience to analyze before you react with the any situational things that might affects your trading system. Chances of surviving is much higher when you know that you can stay calm while you are observing what possible trading strategy to use in order not to lose your position.
For me, it depends on the person/ trader, which is his/her weakness in trading, but most reasons are emotions, patience, overreact. When it comes to emotions, its like patience because if you can't manage well your emotions, it ends up breaking all your plans and calculations. We all have a different range when we buy and sell, but if you can't deal patiently with for your profitable rate, I'm sure it will be different calculations. Also, some trader is overreacting that they panic selling their cryptos because of some fake news/ unreliable news.
Trade too much
To be real there are many traders who loves doing multiple trades and at multiple coins too, it just depends on the person if you can handle the pressure and a lot of time for those trades. Yes, it is really hard but trust me it will be easy if you love doing multiple trades and trading many times a day.few trade doesnt mean that it will get few profit too, if choosing the good one coin can be up drastically in the future
so, i agree that trade too much isnt good in trading and shouldnt do that
Trade too much
To be real there are many traders who loves doing multiple trades and at multiple coins too, it just depends on the person if you can handle the pressure and a lot of time for those trades. Yes, it is really hard but trust me it will be easy if you love doing multiple trades and trading many times a day.few trade doesnt mean that it will get few profit too, if choosing the good one coin can be up drastically in the future
so, i agree that trade too much isnt good in trading and shouldnt do that
One thing that I believe is very important is knowledge, as this is what you MUST have if you are to succeed in trading. I find this rather easy and simple with YouTube and other platforms, as through this it really helps me to move forward. We can learn a lot with Crypto Videos or various other ways for trading, it’s all that makes you feel comfortable and is one solid option through which you can make good and consistent amount of money.
without knowledge impossible for us to survive in any financial market.people will easily loss their money and also it will make them stress or even give up.many knowledge shared freely in world wide web.with this resources we could improve our knowledge and our goal will achieved consistently each month. Jump to: