I agree with you, most traders are greedy for profits that usually cause loss of profits or loss, this problem often occurs when a coin he buys goes up he will want more and choose to hold and over time the coin falls below the purchase price makes him lose even though he already gets profit if he is not greedy, as a result he can only two things, namely hold or cut loss
for fear is very detrimental to traders, usually fear in trading will have an impact on losing profits and moments so just waste time by watching without action
So the conclusion is be wise, commitment and believe that the analysis itself makes you better at trading
Topic: 4 factors that could destroy your Trading - page 4. (Read 1234 times)
The main factor destroying my transaction is the rush, impatience, not waiting for the market to grow, the market drops. I always fear, so I sell my coins at the level. low price.
For me, the biggest mistake of a trader is the rush and the lack of information. What do I mean? If you pick the wrong altcoin initially, without taking the time to make a personal market investigation, you will lose.
That's why trading with the plan will always better without one, you see the market is unpredictable and when the odds, not your favor, all you can do is stick to the plan
Greed and emotions are very big killers of your trading career. Not having a strategy and sticking to it can affect you very much. Another is reed as well, not been contented and following your own set rules can blow away anyone's account.
The emotions are real, I haven't experienced fear that much, not sure why. But greed and hope prevented me from taking profits, thinking and hoping that the coin I was invested in will go up even farther. And after that comes a constant state of regret. And that regret is what kills me.
the greed always show when we see the price increase and we want bigger profit but unfortunately, sometimes we do not remember that the price cannot always stay at the highest price. so this will prevent us to make a profit while we can and if we do not sell at that time, we can wait for a long time without knowing when the price can increase again. I agree with the 4 factors that will destroy your trading and we need to avoid this and take the profit when the price still in the higher price.
. i believe a lot of traders even professional trader sometime can't control about it 
The emotions are real, I haven't experienced fear that much, not sure why. But greed and hope prevented me from taking profits, thinking and hoping that the coin I was invested in will go up even farther. And after that comes a constant state of regret. And that regret is what kills me.
the greed always show when we see the price increase and we want bigger profit but unfortunately, sometimes we do not remember that the price cannot always stay at the highest price. so this will prevent us to make a profit while we can and if we do not sell at that time, we can wait for a long time without knowing when the price can increase again. I agree with the 4 factors that will destroy your trading and we need to avoid this and take the profit when the price still in the higher price.
The emotions are real, I haven't experienced fear that much, not sure why. But greed and hope prevented me from taking profits, thinking and hoping that the coin I was invested in will go up even farther. And after that comes a constant state of regret. And that regret is what kills me.
Hope
I've thought it is a good aspect that a trader must be wear. If we have hope in trading, we can wait the price to hike forever. But I think that excessive hope will just make us disappointments when we never reach our goals. Hope is not always good as what OP said. Hope is faraway from dreams so we must wake up on a real scenario of trading.
I've thought it is a good aspect that a trader must be wear. If we have hope in trading, we can wait the price to hike forever. But I think that excessive hope will just make us disappointments when we never reach our goals. Hope is not always good as what OP said. Hope is faraway from dreams so we must wake up on a real scenario of trading.
I would add here impatience. Trading loves very patient people, stable and with clean minds. You must also learn how to think logically.
Impatience is the biggest reason of why people do not succeed in this market, people are always chasing yesterday profits thinking that is the way they are going to make a fortune and that is not the case, you need to find a good coin and hold it, you are going to miss some opportunities doing this but if you pick the right coin you will enjoy the benefits of holding for that long. 
Those are good lists of factors that could affect your trading. Even expert traders lose money in trading, that is why there is no such thing as easy money in trading. It really requires risk and patience. Impatience also leads to opportunity lose, some people are impatient and sell. Cryptocurrency market is volatile and difficult to speculate everything can change over night.
I think greed and impatience are the most important factors. That will be improved through failed transactions, the accumulation of experience, and thereby plan for the next step.
I agree with your opinions. I think with bad emotions dan let them to control, they just make nonsense on trading (just make fail even though sometime also get profite). I see many of trader get loss because they follow their insting withot know what going on in the market or because covered by their greed untill they conscious with their previous decision. However, sometimes our emotions cannot be controlled even an expert. And I think it's very humanity.
Trading is first of all unpredictable, and upon that factors making it get destroyed were the lack of analysis. When one lacks in analysis or makes a wrong calculation on the analysis automatically one never gets the expected results. Next is the dependence on luck, some used to make buying and selling upon luck, which is not successful every time.
In my opinion :
1. you are not focused
2. less time to analyze coins
3. You are afraid to fail when buying
4. You can't control your emotions when you want to sell
trade with your body and be patient
1. you are not focused
2. less time to analyze coins
3. You are afraid to fail when buying
4. You can't control your emotions when you want to sell
trade with your body and be patient
All of four factors can combine in a single word, emotion. When you let your emotion control and decide, that make your deadly mistake. To avoid that, one of the things that professional traders do to ensure discipline during these trying times is to plan out their approach. As traders, there isn’t just one way of being profitable. There are many strategies, and approaches that can help traders accomplish their goals. But whatever is going to work for that person is often going to be a defined and systematic approach, try to pull yourself.
Definately greediness and fear are the worst factors for a trader. It's almost the same as gambling, you win and you want more instatly because you got it easily enough. Never fall for it. Plan your selling strategies.
See market prices of crypto currency increasingly fluctuate I think there are a lot of traders who suffered losses, and In taking a decision, many traders are still affected by emotions. Fourth factor that's the meaning, of is a type of emotions:
- Greed
Almost all traders familiar with the types of emotions, the desire to obtain profit possible in a very short time. Greedy nature incurred due to excessive self-confidence. Usually happens after the trader earn profit in a row. They are not aware or forgot that important fact in trading is not can expect definite results of each trade.
- Fear
A sense of fear entered the market usually occur after consecutive losses experienced trader. Fear is basically a natural response so that we can survive in the market. However, excessive fear will make traders lost the opportunity to gain profit. During trader comply with rules risk management and trading plan has been made, he should not be afraid to enter the market.
- Hope
Excessive hopes or unrealistic in trading could harm. Hope to always profit often cause traders to not follow trading plan that has been agreed upon.
- Regret
Regrets that constantly will destroy trading gradually. Regret usually arise after a trader lost some chances to buy or sell, or after experiencing considerable losses. If it is not quickly resolved, the kind of emotion this would be developed into fear, and in extreme cases could make him leave the world of trading.
To prevent these types of emotions , we should always be aware of whether we're in emotions when trading, because trading with the emotions will only make our trading destroy.
It’s good to have hope but do not have too much to the extent of believing that whatever you think it will be that’s what exactly its going to be, No! You shouldn’t count eggs before they hatch cause you’ don’t have the power to tell what can take place in this sort of thing. - Greed
Almost all traders familiar with the types of emotions, the desire to obtain profit possible in a very short time. Greedy nature incurred due to excessive self-confidence. Usually happens after the trader earn profit in a row. They are not aware or forgot that important fact in trading is not can expect definite results of each trade.
- Fear
A sense of fear entered the market usually occur after consecutive losses experienced trader. Fear is basically a natural response so that we can survive in the market. However, excessive fear will make traders lost the opportunity to gain profit. During trader comply with rules risk management and trading plan has been made, he should not be afraid to enter the market.
- Hope
Excessive hopes or unrealistic in trading could harm. Hope to always profit often cause traders to not follow trading plan that has been agreed upon.
- Regret
Regrets that constantly will destroy trading gradually. Regret usually arise after a trader lost some chances to buy or sell, or after experiencing considerable losses. If it is not quickly resolved, the kind of emotion this would be developed into fear, and in extreme cases could make him leave the world of trading.
To prevent these types of emotions , we should always be aware of whether we're in emotions when trading, because trading with the emotions will only make our trading destroy.
As for fear, that’s one of the worst things, in fact fear is your worst enemy in whatever you’re doing. When you’re ready to be a successful man, you wouldn’t fear to take a step and do what you’re supposed to do to achieve your goals.
The main factor destroying my transaction is the rush, impatience, not waiting for the market to grow, the market drops. I always fear, so I sell my coins at the level. low price.
Investors like you should higher their patience because big investors just lose their capital by selling their coins at the lowest price every time the market price is dropping.
An interesting article to talk about all the emotions in trading, anyone in the transaction have these types of emotions but we need to restraint and stop at well-timed when the market fluctuates.
A professional, a successful trader must avoid too many emotions. I mean even when he loses he should stay calm and be realistic: today you are without an income, and tomorrow you will get the largest profit.
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