Trading cryotocurrencies is not so easy but very profitable. majority find it difficult to retain their profit after a successful trade which is mostly caused by greed and indiscipline. When you have made enough money, it's better to call it a day and wait for another day of opportunity. Instead, indiscipline will make you open another trade to make more money which is what usually lead to losing the profit you already made from your first trade. Anyone can make this mistake and the most important lesson is to learn from our past mistakes because the mistakes are the lessons.
It looks pretty easy to do but it is really hard to execute when it comes to personal behaviour. Because unconciously people are doing such stuff continuously disregarding the idea of what they already had then totally forgetting what's on their pocket already on their consecutive trade. And later will regret it when they run out of funds, and will realize that they even used the supposedly profit they should have. Well, blame is for 'em all because no matter what advices we spit out here if they won't take any action with that, if they will be indisciplined still then nothing would work here. 
Topic: Indiscipline and Greed - page 4. (Read 655 times)
Most traders are not disciplined in the problem of holding a coin. sometimes we panic so quickly and are quite unstable in choosing coins. in addition, greed is also one of the causes of profit failures, even large losses. I think a lot of successful traders out there because they have applied discipline, and not so greedy to achieve profits.
Trading cryotocurrencies is not so easy but very profitable. majority find it difficult to retain their profit after a successful trade which is mostly caused by greed and indiscipline. When you have made enough money, it's better to call it a day and wait for another day of opportunity. Instead, indiscipline will make you open another trade to make more money which is what usually lead to losing the profit you already made from your first trade. Anyone can make this mistake and the most important lesson is to learn from our past mistakes because the mistakes are the lessons.
You are right. If we are indiscipline and we are greedy, it will never have a good and positive result trading, and in our life. We must learn to be contented if there is anything given or anything gained. Give chance to others and luck of the first trade may not be the same luck on the next trade you've made. Stop after 3 wins or 3 losses in a day. You are nit rich enough to lose all your money nor not poor enough to still want more after you win.
besides cryptopun in the world of indiscipline and greed will have a bad impact on people doing money, therefore it is worth avoiding. In the world of cryptopun it really needs to watch out for, with what has been achieved before, if the disdain and greed occur, then it will be in vain what you have built so far. Think positive and wise
Trading cryotocurrencies is not so easy but very profitable. majority find it difficult to retain their profit after a successful trade which is mostly caused by greed and indiscipline. When you have made enough money, it's better to call it a day and wait for another day of opportunity. Instead, indiscipline will make you open another trade to make more money which is what usually lead to losing the profit you already made from your first trade. Anyone can make this mistake and the most important lesson is to learn from our past mistakes because the mistakes are the lessons.
I totally agree with you. In other to remain in profit in the crypto currency sphere, there's a sincere need to be diciplined, stick to principles and avoid greed.
Because once emotions and get Rich quick gets into position with us as trader, there's a prone to make unnecessary errors and loses.
Always dyor
Mostly greed is what my emotions tells me.
I will just find it out after I lose all the profit that I made.
Just like they say you will regret it only at the end.
I don't regret the experience though. Somehow I learned something and made me think of what should I do the next time I am in the same situation.
Better to also make it happen. But the foolish move is to not learn anything from what you have done.
I will just find it out after I lose all the profit that I made.
Just like they say you will regret it only at the end.
I don't regret the experience though. Somehow I learned something and made me think of what should I do the next time I am in the same situation.
Better to also make it happen. But the foolish move is to not learn anything from what you have done.
A normal trading activities entails that you take what you have gained and continue to trade with your main fund, you can continue with your trade. With time, you would have realized from your profit, all that you initially started with and may have gained more. Also, trading can not be the same at all times or better still, cannot bring much yield at all times, you should know that. you might also lose at some times, so, the profit you made earlier will help you coverup for any loss in future.
The ability of technical analysis and fundamental analysis must be possessed by a trader but all of it will be of no use if they are
not disciplined in implementing trading strategies and do not have the ability to control emotions.
If we are disciplined in implementing the trading strategies that we have designed without involving feelings such as fear or greed,
we will not be victims of the market.
not disciplined in implementing trading strategies and do not have the ability to control emotions.
If we are disciplined in implementing the trading strategies that we have designed without involving feelings such as fear or greed,
we will not be victims of the market.
It depends on the trading strategy, I don't care about making big money in 24hrs, all I do is buy dip and sell high, sometimes it takes a single day and sometimes it takes weeks, just wait for the time to come again
Absolutely, we need to have a strategy in this market. If we set a goal of earning profit every day, we will surely make mistakes. Because the market changes every day and sometimes the market collapses and we will not be able to make a profit with it, just buy low and sell high in this market.
while you are ready to accept the risk, in my opinion there is no problem trying to continue trading every day when it gets maximum results.
it all depends on luck and the choices we make.
it all depends on luck and the choices we make.
If human can control greed no one will want more, if you make a good buck today you will definitely want more tomorrow, rich people even want to get richer so tell me how can we control greed? It's impossible, I want a good life is why im in crypto space today
A rich man once said ' be greedy when others are fearful', greed is a tool on its own, it's just that people use greed wrongly, if you use it right it will favour you
A rich man once said ' be greedy when others are fearful', greed is a tool on its own, it's just that people use greed wrongly, if you use it right it will favour you
Trading cryotocurrencies is not so easy but very profitable. majority find it difficult to retain their profit after a successful trade which is mostly caused by greed and indiscipline. When you have made enough money, it's better to call it a day and wait for another day of opportunity. Instead, indiscipline will make you open another trade to make more money which is what usually lead to losing the profit you already made from your first trade. Anyone can make this mistake and the most important lesson is to learn from our past mistakes because the mistakes are the lessons.
Thats why we can say that trading is somehow similar to gambling because even we already earn, our mindset is not contented with what we already have and causing to open another trade then facing a mistake and lose the money. However if you have discipline and know your goal, you can prevent yourself for being greedy. So it depends how you control your emotions to not become a kind of trader that has no plan and strategy to follow.
Trading is more like gambling, the risk is more like investing in other coins but if we can only gamble with little money we can afford to lose we won't feel hurt but be reminded that without failure there will be no success, failing is the right path
In trading, we need to be smart enough and don't make sudden actions without thinking or planning it. And one of the common factors that affects our thinking in trading negatively is when we let our emotions and greed control over us. When greed comes, we only think of earning high profits at short span of time and that's the reason why some people end up losing instead of earning profit. Also one thing in trading, we shouldn't rush ourselves with earning because there's a right time for that.
Just an addition, proper doing of analysis will help you to avoid loses and at the same time, it will help you earn good profit. And aside form proper knowledge in trading, we also need proper control with ourselves to aim our goals.
Just an addition, proper doing of analysis will help you to avoid loses and at the same time, it will help you earn good profit. And aside form proper knowledge in trading, we also need proper control with ourselves to aim our goals.
That's why we're always advised to trade and invest what we can afford to lose so we'll never have huge regrets in the future. It's just a matter of self-control. Controlling our urge and emotions will be a big advantage because our future situation in crypto world will depend on our current decision making. Knowing how to deal with the market and continuously learning about the basics of trading is also important.
Trading cryotocurrencies is not so easy but very profitable. majority find it difficult to retain their profit after a successful trade which is mostly caused by greed and indiscipline. When you have made enough money, it's better to call it a day and wait for another day of opportunity.
This must be very basic requirement of success in trading. Some traders do have limit for their number of trade per day or how much they may lose per day but not for profit per day. When you limit yourself on both losses or profits within a day basis then you can avoid such problems. All these are just based on how good we are with our emotion control capabilities. Emotional things will be under our control over the experience and not just from the beginning.indiscipline will make you open another trade to make more money which is what usually lead to losing the profit you already made from your first trade. Anyone can make this mistake and the most important lesson is to learn from our past mistakes because the mistakes are the lessons.
Being discipline will hep eliminating such incidents. We need some plan and must follow that plan all the times regardless of exciting or frustrating situations. 
if we do not make mistakes then we do not develop ourselves. in trading, it works very well. if you made a mistake and did not analyze it, then be prepared to lose money again and this will happen until you learn not to make the same failure
What if after a successful trade, the person opens up a new trade and is still successful in it, would you still call the person greedy or would you say such person is lucky for that particular day. I just gave this illustration to show you how two sided trading can be.
I know many time and again people get too confident and maybe forget about caution when trading, it can have a really unpleasant outcome. But for me as long as you're investing what you can afford to lose then there's no problem with that, just stop when your losses are now accumulating or exceeding your limits.
I know many time and again people get too confident and maybe forget about caution when trading, it can have a really unpleasant outcome. But for me as long as you're investing what you can afford to lose then there's no problem with that, just stop when your losses are now accumulating or exceeding your limits.
Trading cryotocurrencies is not so easy but very profitable. majority find it difficult to retain their profit after a successful trade which is mostly caused by greed and indiscipline. When you have made enough money, it's better to call it a day and wait for another day of opportunity. Instead, indiscipline will make you open another trade to make more money which is what usually lead to losing the profit you already made from your first trade. Anyone can make this mistake and the most important lesson is to learn from our past mistakes because the mistakes are the lessons.
True words you have said and it can't be argued whatsoever. Greed has done more harm than good to traders, I have seen traders who regret entering one trade or the other and when asked, I found out they didn't analyse well before entering, and what really caused this? The entered because it looks profitable and the profit from past trade was available so it was easy to enter, what if the profit was in another wallet, maybe they might have a changed mind. Having a target is one thing and sticking to it is another, so I think traders should be disciplined, once gotten the target for the day exit the market, rest, analyse and come back another day, there are many coins and there will be Opportunities everyday.
Trading cryotocurrencies is not so easy but very profitable. majority find it difficult to retain their profit after a successful trade which is mostly caused by greed and indiscipline. When you have made enough money, it's better to call it a day and wait for another day of opportunity. Instead, indiscipline will make you open another trade to make more money which is what usually lead to losing the profit you already made from your first trade. Anyone can make this mistake and the most important lesson is to learn from our past mistakes because the mistakes are the lessons.
Not just in trading but also in other things like gambling and investment.Greed and indiscipline is mostly the root of our loss,
If we couldn't control it then for sure it would only cost us more loss in the future.
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