Bad Psychology of Traders - page 6. | Bitcointalksearch.org

mornabo

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Quote from: dilandanmilea on June 12, 2018, 03:59:56 AM

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

TheDarkRide

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Quote from: klaybbj on January 08, 2018, 04:23:34 AM

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 they didn't ready with the loss when they came to trading. All on their mind is just a good profit and forgot the fact that they can lose too. Good and steady preparations before start trading is a must. Prepare that there is a loss chance too not only win.

Roukawa

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Quote from: klaybbj on January 08, 2018, 04:23:34 AM

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?

I do not have a negative views in trading. For me, it is usual to lose in market since economy does not grow always. Aside from that, we need also to consider the new people in cryptocurrency, those who want to invest and make some profits. If we got some profits today, assume that we might also lose our capital. Be positive always because as law of attraction says, what we think, always come with us.

Elmer1

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psychology, i think it's only about emotional stability. Greedy and impatient that make us failed in trading. When the price up, sometimes we hope for higher. And when the price down, somtimes we impatient to sell it because we affraid we might loss so much. I think the bad thing is that many traders deceived other people just to obtained easy money even that thing came from illegal thing,
it is better to act in the line of right instead of doing bad things.

--DarkSecrets--

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Quote from: gunungkembar on July 12, 2018, 06:29:40 AM

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.

Its always unstable either we are in bull or not, in though times like now this is worst, because we are in so much big expectations on before the drastic dumping. It is a big effect on everyone's patience and it will test how long you can hold and adjust to the market.

alminium

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If I think we're used to trading. Because the psychology of a trader is very often exposed to emotions such as fear, greed, hope and others, which makes us fail in trading. When prices rise, sometimes we expect higher. And when prices go down, sometimes we can not wait to sell them because we're afraid we'll lose so much we have.

gunungkembar

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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.

Arceusz

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I think the bad thing is that many traders deceived other people just to obtained easy money even that thing came from illegal thing,
it is better to act in the line of right instead of doing bad things.

princebridge7

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the conclusion of all your questions is greedy and impatient.

greed is the human nature of wanting more than what is in profit today after trading the cryptocureency.

they are impatient when the price of the coin he bought down and lasnugn in the stoploss continued a while later the coin rose again.

Maddinson100

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Quote from: angaper on July 04, 2018, 01:35:35 PM

Quote from: klaybbj on January 08, 2018, 04:23:34 AM

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?

I think this is due to the lack of a well-planned strategy and adequate money management. When we have a clear idea of the limits that we can afford to lose in a bear market (Stop loss) and when we know how to define the right time to take profits, we should not have any problem to maintain a successful performance throughout the years, regardless of market conditions.

Mostly of traders don’t focus on this area. They think it as secondary zone and maximum homework is done on other thing. Although this is a secondary element but it can’t be just ignored. If you think you come in a new world and dealing with new rules and regulations and then you can manage it easily how to handle money incoming and outgoing, this isn’t that much easy.

angaper

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Quote from: klaybbj on January 08, 2018, 04:23:34 AM

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?

I think this is due to the lack of a well-planned strategy and adequate money management. When we have a clear idea of the limits that we can afford to lose in a bear market (Stop loss) and when we know how to define the right time to take profits, we should not have any problem to maintain a successful performance throughout the years, regardless of market conditions.

rasp

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Quote from: klaybbj on January 08, 2018, 04:23:34 AM

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 process of trading is similar to gambling when one gets intense emotions.
All this leads to a kind of addiction, and in this phase it is not important whether the emotion is positive or negative - both types are demanded by the psyche.

cryptowolfsu

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In trading it is more difficult to accept loss, then having profit . This is why many of traders do not properly using stop-loss strategy.
For successful trading You should have a plan and a good strategy, knowing what You want to achieve and a perfect execution.

reliable

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Quote from: financialgoal on June 18, 2018, 07:09:43 PM

To make a profit and not lose money, the trader needs to have a clear strategy for entering and exiting positions... When a plan is disturbed, the process is out of control.

Greed also play a vital role for incurring more losses as trader wants more profits so when their target is achieved they may change their plan to hold on as they may see more rise in future. And thus may be market will start crashing and eventually they may have to sell in loss.

Bosx1ne

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Quote from: klaybbj on January 08, 2018, 04:23:34 AM

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 that there is psychological effect that the traders facing after they trade cryptocurrencies. It seems that most of the traders are losing their hope if they experiencing losses.

richcorner100

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Many trader loss because beeing greedy and not patient, and this is human nature that hard to control it. We have to continue learn how to become successfully trader by try to manage that emotion. To become pro trader not only to understanding technical and fundamental analysis but should be also has good psychology.

financialgoal

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To make a profit and not lose money, the trader needs to have a clear strategy for entering and exiting positions... When a plan is disturbed, the process is out of control.

Opnsrc

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Quote from: Briella18 on June 10, 2018, 05:23:15 PM

Most of the traders will get panic when the price starts to fall and sell their coins for loss.But they have to be patient if they need to make money.First of all,they need to invest on potential coins then this will help them to have good positive thought even if the prices are falling.

Only the beginners and losers have this psychology. I think it is evident that you should hold the crypto and even get the new altcoins during the market fall.

Best Dreams

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Quote from: Maricurijohn on June 12, 2018, 03:50:30 AM

Quote from: Keyboard PC on June 10, 2018, 03:45:03 PM

I think the psychology of the traders is very vulnerable because they are always tested with coin prices when the price of coins that suddenly collapsed, should not be like that you better keep the psychology you have in order for you to stay healthy.

That is impatience, which can lead to failure if you lack this nature, in my mind and do not worry about the market, now the market is falling and some people are suffering. heavy on capital, so rest assured and expect a bright future on the market.

Yes of course lack of knowledge causes lose sometime so best thing is to increase your knowledge, being in hurry and being in rush gives lose to the trader at the end, now if the market is falling then time to buy than being worry about those who panic and get lose, being patient can let you earn good profit than lose buy now, don’t think too much as time running too fast and bitcoin is being too expensive gradually.

dilandanmilea

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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.

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