Topic: Bad Psychology of Traders - page 5. (Read 2840 times)
I think everybody somehow succumbs on their feelings in terms of how to do their trades. It's human nature to try to be idealistic and always choose trades feeling that it will always succeed. many people are afraid of losing, that they become extra critical and vigilant with making trades, over analyzing things that actually in up worse. Also, I think many traders just try to wing things instead of getting enough information and studying things to guide them on what trade they should be making. To some, it is even like gambling.
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?
The problem about traders is that, they tend to invest when the market prices are still high and they will complain their loss when the prices dump after a few months due to volatility.
It is more than important to be mentaly prepared before trading, otherwise you are not going to go anywhere on this, you need to be more than ready before trading.
I think that it is one of the most important things in here at the moment
I think that it is one of the most important things in here at the moment
Traders have good psychology, they've learned it as a skill mostly. People who are trying to trade have bad psychology. There are some good books like "trading for a living" by Elder
thanks for the information, this is very useful for me. I found the ebook version and interesting to read.it is true that psychology is the key to the success of a trader, because the trade involves thousands of people to move the market that would certainly happen such as Roller Coaster.
Sometimes, the psycho is one of the most important things while you are trading, if you are depressed or something like that, i am more than sure in that you are not going to make a huge amount of money while trading, that is how it works
People often panic and sell out what they are when the market goes down. This is a bad mentality when dealing. This will bring the market down further.
Traders have good psychology, they've learned it as a skill mostly. People who are trying to trade have bad psychology. There are some good books like "trading for a living" by Elder
This will greatly affect your investment. To invest in financial markets, you must have a good mind. and not affected much by external factors.
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?
Actually those traders who are doing such types of the mistake are not the perfect traders and also they have not much patience to hold the assets .In the present time the best thing is that keep patience not to get into any type of the fud and Negative news and keep himself much stable in the market .
And also the best thing that I know about them who are making such mistakes are mostly newbie , they didn't get educated in the starting regarding the perfect trading and when they get into any type of the dump in any coin then they start weeping and left at the end , but in a actual at that time when they needed to hold cryptourrency much then that time they left with lost of patience .
Here we just need to have a understanding that we should teach them to be a perfect traders that how to be remain positive in bad circumstances of the market .
Psychology is the most important quality of the trader - it simply should not be. The less you are nervous and look at the graph the more money you save.
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?
Most of the traders are just thinking to earn and earn more profit and they are not looking on how much risk they are taking so by the end of the day, they tend to sell their coins at the lowest price when the market falls.
Because:
1) Most newbies are very greedy and try to make a profit as soon as possible and enter the transactions every hour.
2) People try to trade on emotions.
1) Most newbies are very greedy and try to make a profit as soon as possible and enter the transactions every hour.
2) People try to trade on emotions.
I think that only applies to beginner traders who still rely on emotions and without proper and perfect strategy preparation. That's different from the traders who have long plunge in crypto so they have learned from previous experience.
Thats right, I think expert traders will not be able to do it, because they already know what they should do when the price is not in accordance with their calculations and expectations they learn from many things like from their experience
every expert trader was a newbie. they also made many mistakes when be a newbie
It is anxiety, anxiety, always affect the psychology of traders. I also know it is not, but psychology is always afraid when the coin drops. And when the price of coins rise again. I believe the market will recover in late 2017
Market will always be volatile and especially when it is concern with bitcoin it is highly unpredictable and must be trade with caution and if you cannot hold it or a panic seller than better to stay way from such markets.
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?
We can not blame them because they are not the ones who dare to get rich. There are many different types of people with different psychologies. If we are steadfast people, we should feel lucky. Because that virtue is very rare and it is only for real investors.If possible, you can help other investors understand the benefits of consistency and help the Crypto market become better.
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?
They might be very emotional and impatience. this is not the right way. Actually the patience is the basic thing for experienced trader. so its really bad idea when price are dropped. Hold you coin until pump up.
A streak lost will really hit me emotionally and I might get stressed with that. That is why it really is important to start for a small amount only, I guess people that are already into trading are already knowledgable with the flow and only small lost will happen.
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 is true there is effect to the mind of a trader if he/she experienced big losses. I think it is the reason why we should have self control for us to focus on what we are doing and to create wise and better decision.
It is anxiety, anxiety, always affect the psychology of traders. I also know it is not, but psychology is always afraid when the coin drops. And when the price of coins rise again. I believe the market will recover in late 2017
it seems that the psychological condition of traders is currently unstable because bitcoin prices and the conditions in the market today are experiencing price declines and make a lot of people to lose, they are very depressed with conditions like this.
Almost everyone is bored with this market and is selling all of their assets to leave the market. I think the market needs to be uptrend to attract new investors to this market because the trade war is not over and politicians are raising taxes on all the areas that they think can make money. This is a great influence on all of us Jump to: