Topic: Bad Psychology of Traders - page 8. (Read 2840 times)
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 in the attitude of traders is sometimes most of investors are making decision which derive from the emotions they have. And that thing is really ridiculous because you may come a bad outcome from this process.
Because they do what’s mostly expected. I’m not a trader at all. My “strategy” (if it can be called one) is that I strive to act conversely from the most popular trend. That’s quite an obvious thing. But sometimes it’s really hard to understand how it goes. I’ve already earned a certain profit from doing it this way. So, I just keep saying this to myself in case I’m in an uncertain situation.
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 bad mindset of the trafers is that they always want the profit to come in their wallet as instant as possible but thats not hownit works because it needs time and efforts in order to gain a lot of money in this business. If you are lacking of patience in this thing you will never meet the expectations you ever wanted because you akways want an easy profit but nothing is easy nowadays you need to wait for the right time bedore it will get into you. And always be positive as much as possible
Usually a newbie mistake. With experience will come realization that trading isn't something that assures easy and quick money. When the losses pile up and lessons are learned, then this mentality you're talking about will be discarded for a more mature approach to trading.
Emotions play a vital role here and no one is exempted to feel this and some didn't know how to control it. Maybe some experienced traders knew what to do in times of trouble but not all experienced traders stay calm as they somehow panic and still do stupid things.
Better learn to control it whatever it may cause even in the hard way.
If there were no such traders others would not be able to earn. This is the market, someone loses, someone wins. People are different. To win you need to analyze the information and not to succumb to public opinion and influence.
Everyone has a bad psychology newbie or professional it wouldn't be disregarded. In this cryptocurrency the more you know and the skills you have the higher chances of having advantages to your co traders in the market surround yourself with good positive attitude and with your skills.
The trader's bad mentality is that many of them lose their temper or have no patience when the cryptocurrency market fluctuates or there are rumors not in the positive direction. This bad psychology will affect your business or investment in the cryptocurrency market. Therefore, be a wise and intelligent investor, be very calm and patient to be able to win as desired.
I don't support daily trading system at all - it's a very difficult in mental terms - that's why they have bad psychology.
If there were no such traders others would not be able to earn. This is the market, someone loses, someone wins. People are different. To win you need to analyze the information and not to succumb to public opinion and influence.
When someone decided to get into trading, he or she must review his or her abilities. Along with other abilities, this emotionless or emotion full ability must be considered at first priority. Knowledge and prior experience don’t matter a lot because it can be learned or earned later but if you don’t know how to control your emotions at right time, this trading thing is not for you.
Yeah, and I do not expect anyone to even review abilities if they have not even bothered to learn how to trade, read some trading books or strategies to trade effectively, because that totally shows extreme lack of skills and rather than reviewing abilities, it is better to get going with studying hard and well before even thinking of venturing into trading.Emotion in trading is one thing that cannot be controlled in as much as you do not have any trading knowledge. Emotion control can only be achievable if you have a good idea of what you are doing. You cannot expect to be able to control your emotions when all you do as a trader is to gamble your positions which I believe a lot of people are always doing. It is one thing to gain some experience which you have built from learning and it is another thing to want to gain experience on your own without learning which is where a lot of people always miss it.
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?
if I think the new traders who do such things, loss or loss if I think it's a mistake the traders themselves, impatience and panic can make a trader will lose big, loses and losses they will experience.Yes, professionals will never have such a behavior. Good traders should be ready to meet the obstacles and stay calm. Such a strategy lets them remaining clear mind.
The wrong psychology of a trader is the use of Bitcoin and trades at different coin at cheap price and it becomes less, then sell at a low price then one day you just wake that coin has risen.
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?
yes you are true a lot of psychological conditions of the trading players that seems they just quickly get a profit and quickly sell when the price is cheap without thinking long because if it sells when the price drops or when cheap is certain it will make you get a loss.
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?
Emotional is the most main in the trading it is not only psychology or anything but it's our emotions. When you keep on doing trade with your emotions then you will only lose. Just like in some quotes You will never lose when you not sell.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?
Emotional is the most main in the trading it is not only psychology or anything but it's our emotions. When you keep on doing trade with your emotions then you will only lose. Just like in some quotes You will never lose when you not sell.I think being informative right now is a good option to do as it has an update on the coin community, for an example of the most popular telegram communication today. Lack of proper information and resources from what happens with the coin community, especially when you hold large amounts of altcoin can cause panic to traders
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?
if I think the new traders who do such things, loss or loss if I think it's a mistake the traders themselves, impatience and panic can make a trader will lose big, loses and losses they will experience.Glad to join and read all of you. True words here and realistic point of view.
There are so many over here who has a very bad experience in the field of trading and that they have suffered a huge loss whole being into the world of trading. However, if you are there in trading, then you need to first learn as many things as you can and then you need to seek guidance as well. Only then, you should go for investing of anything into it because otherwise, you will end up losing your money. 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?
Emotional is the most main in the trading it is not only psychology or anything but it's our emotions. When you keep on doing trade with your emotions then you will only lose. Just like in some quotes You will never lose when you not sell.Bad psychology while trading is common for any trader still we can easily overcome it by making use of our daily experience. When a trader is failing to use his own experience then he will never get chances to make profits with trading. Bad psychology can be avoided over time with our experience.
The best strategy or psychology of a trader is to bear in his emotions, That's why they say that if you are too emotional and did not use your common sense, trading is not for you.
Boils down to your mental game and the way you described it those people have bad mental game and that is why they have a various amount of leaks. Only when you plug those leaks can you begin to strive for excellence!
If you are referring to leaks as emotion and ignorance, then I would definitely agree with you 100%. I always believe the real reason why so many people get emotional is because they are always ignorant and they just gamble their position in the market which is what always make pros different. As a good trader, you already know what to look out for based on your knowledge and you are not just making decisions blindly, as those blind decision making is what definitely sets in emotion.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?
if I think the new traders who do such things, loss or loss if I think it's a mistake the traders themselves, impatience and panic can make a trader will lose big, loses and losses they will experience. Jump to: