Topic: Greed is bringing loss for traders - page 3. (Read 16080 times)
its natural of human to always want to make more money. so its not a bad to want more. but discipline is what is needed and usually the hardest thing to apply especially when there is sign of making good money. it just about accepting the outcome when it dosent pay off.
Yes thats the reason why they have losse a lot because of they investments they put all in the projects that not sure and don't have the potential
I guess it would be a better fit to say they already did had a successful and profitable trade and to repeat it they risk more then the trades before. Trader should have a goal in mind and if that is achieved they should buy or sell depending upon the situation so this will help them to stay in a limited space else they may either end up in a loss too if they do not execute as per the plans .
I guess it would be a better fit to say they already did had a successful and profitable trade and to repeat it they risk more then the trades before.
I think when you have benefited from the first trade, it would be better to switch to another asset first. while we wait for the price to go back down and we can buy it again. Remember never to be greedy in trading, especially for daily traders. You must have the right analysis and planning. 
Yes thats the reason why they have losse a lot because of they investments they put all in the projects that not sure and don't have the potential
I guess it would be a better fit to say they already did had a successful and profitable trade and to repeat it they risk more then the trades before. 
You are right. And I was a victim in the past when I made up to about 300% profit and I was like I should keep the coin because it kept increasing day by day so I felt I could reach 1000% until everyday went down drastically. When you've made your profit, just cash it out and invest on another thing.
Yes, some people do what you have done too. Instead of selling their coins while there is a chance to get big profits, they keep holding their coins because they want more profit. Greed is indeed our true enemy and we must control our trading behavior with plans / targets. Once we reach our target, we must immediately end our session.
that's greed that will eventually destroy your investment, make a target to get a profit and when the price is being pumped then you should be satisfied with that target and make no matter the price continues to increase, because when you sell and get profit then you can start again from the beginning with a good trend that is happening
Better to use some tactics every time you invest in something at least sell your initial investment...
Same tactics for all trades doesn’t work smart
It varies
Some tokens moon after 1 week, some after 1 month, some after 1 year
And some gets delisted
Dyor and pick the right spots
Better to use some tactics every time you invest in something at least sell your initial investment...
Same tactics for all trades doesn’t work smart
It varies
Some tokens moon after 1 week, some after 1 month, some after 1 year
And some gets delisted
Dyor and pick the right spots
Better to use some tactics every time you invest in something at least sell your initial investment...
You are right. And I was a victim in the past when I made up to about 300% profit and I was like I should keep the coin because it kept increasing day by day so I felt I could reach 1000% until everyday went down drastically. When you've made your profit, just cash it out and invest on another thing.
Yes, some people do what you have done too. Instead of selling their coins while there is a chance to get big profits, they keep holding their coins because they want more profit. Greed is indeed our true enemy and we must control our trading behavior with plans / targets. Once we reach our target, we must immediately end our session.
You are right. And I was a victim in the past when I made up to about 300% profit and I was like I should keep the coin because it kept increasing day by day so I felt I could reach 1000% until everyday went down drastically. When you've made your profit, just cash it out and invest on another thing.
Everyone certainly wants to get a big profit. Can it be done in investing or trading. So there is nothing wrong if someone has a target for profit. What you have to think about is how you can achieve that target, because if you do the wrong thing, your profits will never exist and the target will never be fulfilled.
If you are greedy in cryptocurrency and on the market, of course there will be less profit, but you also need not to take any risks and somewhere to be able to stop in time
Just don't let the greed eat you, set a goal you need to set a target profit like most of the time traders do, stop dreaming too much just work accordingly to the state of situation
Yeah it will be good suggestion, the trader was deluded with the greedy thing. They can't to leave the chart just because they feeling will get profit again but it is not easy because the market difficult to be used as a scenario. So, to set a traget is a good way comparing to make another strategy to start trading again. It will be different when we first come to trade and paint a chart with we have came in a few hours and back and forth to make a new painting to add our profit. sometimes many traders feel impatient to get a lot of profit. they are willing to do anything just for the sake of big profits, whereas the best thing to do is to follow the flow of trade slowly but get profit in a sustainable manner, this is better than having to do greed but lose.
greed also happen because of following the flow of trade, because greed means that he will only wait to sell to get a bigger profit and if the expected price is not reached then it is a loss for him because of greed until the market falls and he will be panic selling when it happen the decline
Yes thats the reason why they have losse a lot because of they investments they put all in the projects that not sure and don't have the potential,So I only promote the Dencoin tokens that has the potential to grow and has the power to give you profits so must go amd try this project.
Greed often has a negative impact. I agree. I believe that it is better to get a smaller profit, but it will be less risky than unreasonably to take risks and lose everything.
Usually the expectations of high returns and multiple profitability is part of greed that makes traders to lose. Fine, you could be happy when it's going all green and you still want more, there should be caution to avoid loosing all in the euphoria of profits.
Most traders trade with emotions and as such it is difficult for them to control their feelings and urges to trade resulting in losses. Diversification of portfolio also helps against lossess as you can easily bounce back.
Most traders trade with emotions and as such it is difficult for them to control their feelings and urges to trade resulting in losses. Diversification of portfolio also helps against lossess as you can easily bounce back.
as use with work of evaluation to gives of one on supports to buy as the signals on reference that might helps as one on returns as trader to collects on excess as completing of numbers on target to manage within the terms of plan with the investment projects on bitcoin trading.
Yeah, it is true, especially for margin trading. You know, I loss a lot because I used 20x leverage instead of using 5x. I lost 15 k usd when eth was around 120$ because I switched to short
Actually, greediness is bringing loss or making things worst in any matter. Especially when it comes in making money. That's why learning on how to control yourself is a must. You should learn it and realize from mistakes you commit if you want to become successful. Without self control you can't be good, not just in trading.
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