1. Buy for long term strategy at no good price, not suitable for long term.
2. Choose a bad price (bad position) when playing short. Just the feeling is that it's going to increase to buy on the spot, no matter where it is, it can drop lower and then rise. There is not even a viable point to buy.
3. Confusion between wave playing, short and long term.
4. Too greedy and not definitive. Due to weak skills you choose to buy bad positions, but you want more words, it is impossible with your ability if you do not have the skills to choose the position. If you choose bad position you have to find ways to make it a beautiful place to bring the initiative (Bus strategy). Or take profit, that is risk management needed.
2. Choose a bad price (bad position) when playing short. Just the feeling is that it's going to increase to buy on the spot, no matter where it is, it can drop lower and then rise. There is not even a viable point to buy.
3. Confusion between wave playing, short and long term.
4. Too greedy and not definitive. Due to weak skills you choose to buy bad positions, but you want more words, it is impossible with your ability if you do not have the skills to choose the position. If you choose bad position you have to find ways to make it a beautiful place to bring the initiative (Bus strategy). Or take profit, that is risk management needed.
I'm not agree with the first one , If some one is going to buy and hold for long term he/she should look at the project , white paper and the team , not the price , there are many examples that if you just look at the price it will disappoint you for long term , you know bitconnect right?
1. Buy for long term strategy at no good price, not suitable for long term.
2. Choose a bad price (bad position) when playing short. Just the feeling is that it's going to increase to buy on the spot, no matter where it is, it can drop lower and then rise. There is not even a viable point to buy.
3. Confusion between wave playing, short and long term.
4. Too greedy and not definitive. Due to weak skills you choose to buy bad positions, but you want more words, it is impossible with your ability if you do not have the skills to choose the position. If you choose bad position you have to find ways to make it a beautiful place to bring the initiative (Bus strategy). Or take profit, that is risk management needed.
I really don't understand your point one and two.2. Choose a bad price (bad position) when playing short. Just the feeling is that it's going to increase to buy on the spot, no matter where it is, it can drop lower and then rise. There is not even a viable point to buy.
3. Confusion between wave playing, short and long term.
4. Too greedy and not definitive. Due to weak skills you choose to buy bad positions, but you want more words, it is impossible with your ability if you do not have the skills to choose the position. If you choose bad position you have to find ways to make it a beautiful place to bring the initiative (Bus strategy). Or take profit, that is risk management needed.
What do you mean by buying at no good price?Is it high price?
And in the next point bad price,what is that?
Yes the confusion between the short and long term trading between many traders because of the temporary price falls,at this time they need to hold their coins.And people need to control their emotions while trading to get successful.
I second this. The bias in the 2nd one I think is the "feeling". But if there were some basis, that's not a bad position but just bad luck. Remember that no one can predict the market sentiments so we just hold on to the probability. So to answer the topic the fundamental mistake really is choosing with no basis at all as it's pure gambling.
