Topic: How to Overcome and Handle Your Mistakes in Trading? - page 6. (Read 1374 times)
first of all you will be go to the crypto market and then you will see current order and selling price. all buy and sell orders place in exchange. so when you buy or sell any coin or token so you will have to see market current situation then when market coin price is down you can buy any currency which you want then if you sell any currency so you have to see market current price and then put place order to get instant crypto
Trading is one of the hardest things we could do because it is all or nothing and some of them are already fall back on trading and investing in it because some of them cannot make any trading anymore and losing all of their funds. I'm not a professional trader but most of the time I experience this loss of funds and one of the best ways is to analyze all of the information that is your mistakes.
If you think you already lose a lot of money why not take a break for the meantime and if you think you already good go back to make the trade and earn a lot still it is all of your parts to make more trade or fall back and accept you already losses your money.
Experience are still one of the best teacher learn from the mistakes of other people and your mistake, not their achievements so make more knowledge you make time allotment as an investment to make more experience.
If you think you already lose a lot of money why not take a break for the meantime and if you think you already good go back to make the trade and earn a lot still it is all of your parts to make more trade or fall back and accept you already losses your money.
•You should prepare yourself on learning something first before trying out to deal with trading.
•Mistakes are common so take it as a part of learning
•Dont let your emotion control you
•Stay disciplined towards your goals
•Dont let yourself follow others words or tips.
•Mistakes are common so take it as a part of learning
•Dont let your emotion control you
•Stay disciplined towards your goals
•Dont let yourself follow others words or tips.
Experience are still one of the best teacher learn from the mistakes of other people and your mistake, not their achievements so make more knowledge you make time allotment as an investment to make more experience.
As a person, I think we cannot wholly stop making mistakes just because it’s inevitable. But from what you have posted there, it’s part of the process in which you could improve more and know what to do in a particular circumstance. That’s the challenge in trading in which where you know that you predict 100% the outcome, but you are willing to take the risk because of your technical analysis. When that is done, the best thing is the limiting of your risk by risk management.
I have continuously dealt with myself with the control to stop over-trading. I have full of emotions and feelings, so it made me risk more and lost more money with the process. I’m thankful to have a trading Tool like Gunbot but to assist me in my training needs. Maybe you guys are interested as well.
I have continuously dealt with myself with the control to stop over-trading. I have full of emotions and feelings, so it made me risk more and lost more money with the process. I’m thankful to have a trading Tool like Gunbot but to assist me in my training needs. Maybe you guys are interested as well.
You are safe if you made a huge mistake yesterday. Buying at the lowest price even fixes a short time profits price. Yes, I'm talking about greedy people. We all need profit, traders receive profits today and holders will receive profits tomorrow. For high profits, don't become holders. Always take a decision about the market conditions, especially on your chosen coin. Here I always make the same mistakes, now I don't do it. Altcoins price is always unstable, so your profits should move to USDT.
In binance USDT trading is a strong foundation that could be considered on most top asset. Choosing the right coin, that must include less volatile crypto as well as heading towards profit. For an assurance, being a holder is rewarding but not all the time. You need to take focus on the market changes in every trend that it goes within an unpredictable scenario which we aren't in control. 
•You should prepare yourself on learning something first before trying out to deal with trading.
•Mistakes are common so take it as a part of learning
•Dont let your emotion control you
•Stay disciplined towards your goals
•Dont let yourself follow others words or tips.
•Mistakes are common so take it as a part of learning
•Dont let your emotion control you
•Stay disciplined towards your goals
•Dont let yourself follow others words or tips.
Trading education or basic trading knowledge must be owned by a trader to be able to minimize the risk of trading that will be experienced. When someone trades without knowing what they are doing or don't know the basics of trading, they are just wasting their brand money for nothing. Trading is not as easy and simple as they think.
learning from previous mistakes and then correcting them is very necessary so that they don't get stuck in the same hole. there are many ways that can be done but the most important thing is how you learn and understand the science of trading well then apply it.
learning from previous mistakes and then correcting them is very necessary so that they don't get stuck in the same hole. there are many ways that can be done but the most important thing is how you learn and understand the science of trading well then apply it.
That's very easy, you need to be matured and learn how to accept losses so that it will not affect your emotion very much. If you know how to treat mistakes as a lesson then it will not become a big problem every time you perform a trade. In order to achieve success in trading, you should understand the reality that when there is a profit, there are risks that will approach you. Making portfolios will help you to monitor your mistakes and prevent that same mistakes in any transactions that you are planning to perform. As I'm still determined to learn more in trading, these mistakes are already not a big deal for me because i know how to deal with them right now.
Instead of focusing on making money while trading, it is also necessary to focus on gaining experience. Understanding why we make mistakes instead of giving up when we make a mistake, turning our mistakes into experience, trying to find the solution of the mistake, and most importantly, not giving up after a single mistake are the most important things to do. For this reason, based on my own mistakes and experiences, I would like to say the following;
- Make more mistakes to have experience
- Definitely learn the solutions of errors
- Don't give up right away when you make a mistake
- Learn to control your emotions
You can now make fewer mistakes, just by considering these four factors I mentioned. Remember, every mistake you make will come back to you as an experience.
- Make more mistakes to have experience
- Definitely learn the solutions of errors
- Don't give up right away when you make a mistake
- Learn to control your emotions
You can now make fewer mistakes, just by considering these four factors I mentioned. Remember, every mistake you make will come back to you as an experience.
Before we start trading, I think it is something that we need to have another job doing. I see traders that say they are leaving their main jobs or Business to pursue trading only, which is something I don’t see as a good idea. You need to have another means of income to be able to fund your trade. When you trade this for long and you have gotten perfect in it and you’re making a lot of money from it, you can then leave your job and focus only on it.
Moreover when you have a job doing you wouldn’t worry much when you lose money and you won’t be stopped, because you have more funds to keep trading till you’re perfect. That doesn't mean you need to keep adding funds whenever you lose your capital but at least you will be able to withstand against your losses until you finish off your learning phase.
Moreover when you have a job doing you wouldn’t worry much when you lose money and you won’t be stopped, because you have more funds to keep trading till you’re perfect. That doesn't mean you need to keep adding funds whenever you lose your capital but at least you will be able to withstand against your losses until you finish off your learning phase.
I believe that mistakes are part of success. You will never learn if you do not make a mistake.But the most important thing there is you learn how to accept it and learn from it. In trading we always have to be careful in every move we do, because if you always do the same mistake your capital could be depleted. Don't get tired of doing research this will help you become a good trader.
Be a smart trader, learn from others mistakes so you won't lose your money while learning which is effective when you are already in crypto trading field but when someone is completely new they can only learn from their mistakes for that they can use demo accounts as well if they don't have enough money to lose while learning. 
Learn something from your mistake will be the most important thing that you must-do if you want to be a pro trading because you can search the mistake first, and you will know what part you make that mistake. The next thing that you can do is search for how to fix or solve the problem so that it can give you time to search for another lesson or how to fix that mistake. If you can fix it, you can improve your analysis skills, and you will be able to avoid the same mistake in the future.
Perhaps, it will not easy as it said because we need to focus on searching on the mistake, and we need to separate part by part to find that mistake. But that is what we need to do to learn from the mistake. You need to learn more about trading, so you will have another lesson which you can apply in trading, and you can have time to try to make a profit.
Mistakes are always inevitable not only in trading but even to some other businesses. But we can be more successful in trading if we can handle our mistakes in a positive way and definitely learn from them from time to time. I think emotions are too hard to combat in trading but if you know how to balance your emotions when it comes to trading, you might lose some time but not that huge.Perhaps, it will not easy as it said because we need to focus on searching on the mistake, and we need to separate part by part to find that mistake. But that is what we need to do to learn from the mistake. You need to learn more about trading, so you will have another lesson which you can apply in trading, and you can have time to try to make a profit.
It is right, but we can avoid mistakes by always learning more lessons of what we did, so we can make a strategy or plan for every step that we will do. I am sure if we can spend more time learning about trading and don't feel about it is enough and satisfy with our skills, our skills will grow, and that can give us more chances to have better analysis than before. We will have the opportunity to improve ourselves, and perhaps, we can be able to handle our emotions in trading. Although the emotion will always be there, we can know how to balance the emotions because we already learn how to control them.
Learning from mistakes is definitely the best way, I agree with that. There are tons of quotes about mistakes and failures, you need to just keep failing until you succeed. The best one I like is "you only have to succeed on the last time you try", it is a beautiful saying that means you can fail as much as you want but as long as you succeed on the very last try that means you ended up being successful and that is quite important and the only thing that matters.
I personally failed many times, lost money many times, profited many times as well and in the end of all those mistakes and success I found which one is caused by what and that allowed me to eliminate the ways I used that caused me to lose money and keep the ones that allowed me to make more profits and continue repeating that.
Yeah this would really help you out and it will vary or depend on someones motivation since not all would really have the same kind of determination inside of em.I personally failed many times, lost money many times, profited many times as well and in the end of all those mistakes and success I found which one is caused by what and that allowed me to eliminate the ways I used that caused me to lose money and keep the ones that allowed me to make more profits and continue repeating that.
When they experienced failures or hardships, some people do easily give up and quit to get rid of those mistakes and wont lost money without even realizing
that they cant learn things up if they wont try it out for themselves.
My common mistake was being too greedy, I am talking about futures trading I always go all in like x100 leverage, sometimes it pays off but most of the time I lose because of it. I was just trying to get back what I lost it is like all or nothing. I want a situation like that though but it is pretty risky. The good thing is I am not trading regularly. Even experts makes mistake on trading so be responsible and try to control yourself.
The best way to overcome and handle our mistakes in trading according to me is to write down your mistakes. It may sound stupid to others who think this won't work but believe me, you won't have any better option than this. If you write down your mistakes and keep them all safe in one book/diary only, chances are you won't repeat the exact same mistakes as you already know you did, just by reading your mistakes and remembering them through this. I think there are many people who can't remember their mistakes which makes the commit the same mistake over and over, this needs to be stopped if you want to be a good and successful trader.
Learning from mistakes is definitely the best way, I agree with that. There are tons of quotes about mistakes and failures, you need to just keep failing until you succeed. The best one I like is "you only have to succeed on the last time you try", it is a beautiful saying that means you can fail as much as you want but as long as you succeed on the very last try that means you ended up being successful and that is quite important and the only thing that matters.
I personally failed many times, lost money many times, profited many times as well and in the end of all those mistakes and success I found which one is caused by what and that allowed me to eliminate the ways I used that caused me to lose money and keep the ones that allowed me to make more profits and continue repeating that.
I personally failed many times, lost money many times, profited many times as well and in the end of all those mistakes and success I found which one is caused by what and that allowed me to eliminate the ways I used that caused me to lose money and keep the ones that allowed me to make more profits and continue repeating that.
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I believe "Learning from mistake" was mentioned quite a lot of times already and I believe it is time for someone to at least show their experience from their "Learning from mistake", because saying it straight up isn't encouraging anymore unlike in the past. 
Learn something from your mistake will be the most important thing that you must-do if you want to be a pro trading because you can search the mistake first, and you will know what part you make that mistake. The next thing that you can do is search for how to fix or solve the problem so that it can give you time to search for another lesson or how to fix that mistake. If you can fix it, you can improve your analysis skills, and you will be able to avoid the same mistake in the future.
Perhaps, it will not easy as it said because we need to focus on searching on the mistake, and we need to separate part by part to find that mistake. But that is what we need to do to learn from the mistake. You need to learn more about trading, so you will have another lesson which you can apply in trading, and you can have time to try to make a profit.
Mistakes are always inevitable not only in trading but even to some other businesses. But we can be more successful in trading if we can handle our mistakes in a positive way and definitely learn from them from time to time. I think emotions are too hard to combat in trading but if you know how to balance your emotions when it comes to trading, you might lose some time but not that huge. Perhaps, it will not easy as it said because we need to focus on searching on the mistake, and we need to separate part by part to find that mistake. But that is what we need to do to learn from the mistake. You need to learn more about trading, so you will have another lesson which you can apply in trading, and you can have time to try to make a profit.
Try to avoid your previous mistakes in your future trades so you can make some profit and also get confidence about your own trading skills. In my opinion we can trade better if we trade with little amount because we can go for better margin with no worries even if we lost we won't lose our hope on it.
I guess this is what the most traders want, to learn their mistakes and don't let will happen again in the future. But the market was a very powerful force and maybe even an expert in trading can control it, they also encounter losses. How about the new one, there is no other way to control it. Sometimes our wrong interpretation will lead us to losses, so, there are too many factors on how to overcome and handle mistakes, it's all about us. I guess it is good if you try first in demo trading before you will be risking your money in trial and error method, it seems advisable to start with a small trading account where you can continue trading and learning from the mistakes you had which will occur along the way.
Try to avoid your previous mistakes in your future trades so you can make some profit and also get confidence about your own trading skills. In my opinion we can trade better if we trade with little amount because we can go for better margin with no worries even if we lost we won't lose our hope on it.
Yes! experience is always the best teacher here in trading, me personally I committed a ton of mistakes in trading and still doing some, but by learning from my past experience I am now minimizing the mistakes and same as the risk of losing money. And in addition, you can learn also from the mistakes of the others by reading here in forum and watching YouTube videos. Trading is always unpredictable but, you can minimize the risk by learning how to control it. 
Try to avoid your previous mistakes in your future trades so you can make some profit and also get confidence about your own trading skills. In my opinion we can trade better if we trade with little amount because we can go for better margin with no worries even if we lost we won't lose our hope on it.
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