It's very difficult to understand and to control ourselves.
We like to believe that we are rational creatures, but in fact we are just 99.9% monkeys, with a micropart that makes us human.
So, our drives are not rational, but they are based on greed and fear.
Topic: Bad Psychology of Traders - page 14. (Read 2840 times)
Trading is much more about psychology that about economy, and if you want example of bad psychology, you can find plenty of them.
There is no simple solution but a lot of experience and personal grow: actually, the way you manage your rasources in trading is the mirror of what you to with life. Conclusion: have a better life, and you will have best results in trading.
There is no simple solution but a lot of experience and personal grow: actually, the way you manage your rasources in trading is the mirror of what you to with life. Conclusion: have a better life, and you will have best results in trading.
Why most of Traders have bad psychology of trading they keep lose more and more and can lost his account and they left quickly when operations is winning?
It seems to me that this does not apply to psychology in general. Somebody just want to make money quickly and if they do, they withdraw their assets and get their money.There is much sense in your words. When it comes to trading, people are just thinking about the bigger profits they can get if they make a deal. Here knowledge is needed.
And knowledge is connected in psychology. Im qyite upaet to hear from someone that psychology isn't connected with trading and that we just want quick money.
Well fyi, the moment you are thinking what's best for the company, then psychology takes place.
The bad attitude about the traders are being paranoid once the market value of bitcoin goes down. It is a normal course of action in cryptocrrency and we should not worried about it because everything is fine.
Why most of Traders have bad psychology of trading they keep lose more and more and can lost his account and they left quickly when operations is winning?
Trading is art of making right decision at right time. Emotional control and money management are the real driving factors to gain profit in trading. In trading, it is always recommended to learn before start earning. Stay in contact with other good traders so that you are able to understand market sentiments and also the psychology of other traders.
Psychology has massive impact on trading,If you posses strong psychology you can manage well the trade.Trading bring happy and upset situations due to volatility of prices and if you mature enough can control the situation.
Now a days there are too many people work in this trading site but most of the trader not success because they don't have a patience to trade long time so i think it is a very bad Psychology for all traders. If you don't have Patience you can't do it very easily so make a patience you must be success.
Why most of Traders have bad psychology of trading they keep lose more and more and can lost his account and they left quickly when operations is winning?
Because of Greediness and Fear to lose that's the reason why other traders losing their Bitcoins in trading, Lets all be truth all of us want to make a huge profit that's why we enter crypto world and many of us are greed and lack of patience that's the bad thing that traders need to avoid and Panic sells are need to avoid too when price goes drop we need alot of experience to masterized this profession. All people are guided by fear and hope. Therefore, they sell early, when they earn - they are afraid of losing profits. And do not sell when they are at a loss in the hope that the price will reverse in the opposite direction.
This is really me I know it bad practice but I'm only human that easily attracted to gaining early profit. Maybe it's human nature to us to become greedy that even We know it might hurt us still We will continue to do it.
I believe that it's the fear of missing out and urge to correct mistakes without having proper research plan and set of actions before trading the next round. It's somewhere similar to the addiction that we notice in the gambler's mind. In such state of mind, trader is not ready to accept his fault and goes on with the same set of actions resulting in a bigger loss amount.
Why most of Traders have bad psychology of trading they keep lose more and more and can lost his account and they left quickly when operations is winning?
Those traders are not meant for trading at the first place, they just try so hard to earn some money quickly but they do not really understand the whole meaning of trading in the first place.
Why most of Traders have bad psychology of trading they keep lose more and more and can lost his account and they left quickly when operations is winning?
Because every people in the world doesn't like a loses and want to wins quickly. Fear not enemies but yourself is the enemy number one. Therefore, we must have knowledge before try on the business.
In the trading business we know money and risk management so don't out of the track.
while you are trading and this thing is really common among traders which are mostly can be seen on newbies but this thing is manageable when we already got the experience. Experience is the best teacher.
they keep lose money, because they trade by guessing the price, not by analyzing the market, usually people are just guessing in the trade he always feel panicked to sell / buy, so they always lose money
If there is a bad thing about the trader attitude or behaviour rather; that will be their being paranoid in this activity. They are already worried about what will happen in their investment when the price of bitcoin goes down; which is a normal moment in the cryptocurreny.
The bad attitude about psychology of traders is there too much being nervous and paranoid in the prices that happen in the bitcoins; from this they always leads to not necessary actions which leads to loss.
Quite simply because they live in fear. The trader that sells instantly during the bottom of the crash is the same trader that jumps at shadows in the middle of the night. That is a Yes man to everyone. Their very essence of frame is weak.
A strong trader is a strong person in real life. They stare down danger and don't break down emotionally when things don't go their way. These are the same people that can turn off the charts and just forget about crypto during a crash, and come back a month later. An anxious weak person cannot help but refresh the charts every hour, which of course leads them to inevitably selling at the bottom. Every single time. Predictably.
A strong trader is a strong person in real life. They stare down danger and don't break down emotionally when things don't go their way. These are the same people that can turn off the charts and just forget about crypto during a crash, and come back a month later. An anxious weak person cannot help but refresh the charts every hour, which of course leads them to inevitably selling at the bottom. Every single time. Predictably.
Why most of Traders have bad psychology of trading they keep lose more and more and can lost his account and they left quickly when operations is winning?
It seems to me that this does not apply to psychology in general. Somebody just want to make money quickly and if they do, they withdraw their assets and get their money.There is much sense in your words. When it comes to trading, people are just thinking about the bigger profits they can get if they make a deal. Here knowledge is needed.
Well we cant blame them its in their nature. Traders mindset is to get a profit always think on the positive outcome thats why when their at the negative situation like getting lost a profit they can easily surrender. You cant stop them on what they do every traders have different point of view and handling on the situation. Its always a risk and gambling. 
You are right, it is their strategy and they don't owe everything to us so whenever they wanted to get their investment even if they are holding large number of coins then we cannot do anything to stop them from withdrawing their funds, it is okay for as long as they don't stop from trading. Well we cant blame them its in their nature. Traders mindset is to get a profit always think on the positive outcome thats why when their at the negative situation like getting lost a profit they can easily surrender. You cant stop them on what they do every traders have different point of view and handling on the situation. Its always a risk and gambling.
You are right, it is their strategy and they don't owe everything to us so whenever they wanted to get their investment even if they are holding large number of coins then we cannot do anything to stop them from withdrawing their funds, it is okay for as long as they don't stop from trading. Jump to: