Bad trading comes as a result of inability to learn,ask,research,and using one's previous experience to face the present.
Gaining in trading is not always an easy thing,it requires regular attention that will be undivided,because the moment you are side-tracted, your chances of winning is slim.
The ups and downs of the prices of coins is the reason why your eyes must always be on it,so that you know the exact time to buy,and know when not to buy.
Topic: reasons for bad trading (Read 1804 times)
I'm here to to tell you and make an enlighten about the topic like we needed the money at the right time, so most of the traders losses their money when they didn't wait for a long term even if they had needed the money. then it is also an impact on the trading of the person, so there must be some of the trading strategies before getting into it.
Everyone does need money, but if you are ready to trade, it means you are ready to take all the risks. As you said about needing money at the right time, every trader should have money in addition to what they invest. Use it just in case an urgent need suddenly comes to them. 
The reasons you discussed for bad trading are good but I want to tell you something about myself that whenever I buy a coin the price of that coin down very instantly but whenever I sell that coin again then its price go up in just some time, this is not the first time with me, often that is done with me? So, what should I do for that?
Most people are greedy. When you start trading then You need to kepp patience. Why you are impatient? Everything change with time and Crypto price will up and down so you need to patience and control your emotion.
It's part of human nature when someone is impatient. Trading is not an easy but every patience man going to their goals and they can get profit ftom trading.
I agree that those who are patient are the ones that usually gets their success in trading. But it's always a different case for every trader. There are good traders that are patient and there are traders who are quick because they have to make a certain profit within the day.
Most people are greedy. When you start trading then You need to kepp patience. Why you are impatient? Everything change with time and Crypto price will up and down so you need to patience and control your emotion. Trading is not an easy but every patience man going to their goals and they can get profit ftom trading.
Lack of proper research before trading is one of the reasons that cause bad trading.
Lack of strategy is another reason why most persons have bad trading; when one does not have a strategy to use in trading,it certainly makes him loose,because as the day goes by,so does strategies change in trading.
Lack of experience is also one of the reasons why people have bad trading.When they do not have experience on how trading goes,or how they will trade,it will certainly have an effect on their trading.
Yes, when traders are caring about their capital then definitely they will avoid bad trading. We cannot do anything about the unexpected market fluctuations still we can exit at stoploss level to cut our losses smaller. So, even in the high volatile market, we can trade safely it is is fully up to the traders and their caring about the capital.Lack of strategy is another reason why most persons have bad trading; when one does not have a strategy to use in trading,it certainly makes him loose,because as the day goes by,so does strategies change in trading.
Lack of experience is also one of the reasons why people have bad trading.When they do not have experience on how trading goes,or how they will trade,it will certainly have an effect on their trading.
speaking of stop-loss this cryptocurrency market things are completely different from the traditional market, these sudden pump and dump can get anyone create nerves all day because when the pump starts it is very difficult to know the right time to enter and go out. in this scenario the person who bought to make hodl is the only one who wins
Lack of proper research before trading is one of the reasons that cause bad trading.
Lack of strategy is another reason why most persons have bad trading; when one does not have a strategy to use in trading,it certainly makes him loose,because as the day goes by,so does strategies change in trading.
Lack of experience is also one of the reasons why people have bad trading.When they do not have experience on how trading goes,or how they will trade,it will certainly have an effect on their trading.
Yes, when traders are caring about their capital then definitely they will avoid bad trading. We cannot do anything about the unexpected market fluctuations still we can exit at stoploss level to cut our losses smaller. So, even in the high volatile market, we can trade safely it is is fully up to the traders and their caring about the capital.Lack of strategy is another reason why most persons have bad trading; when one does not have a strategy to use in trading,it certainly makes him loose,because as the day goes by,so does strategies change in trading.
Lack of experience is also one of the reasons why people have bad trading.When they do not have experience on how trading goes,or how they will trade,it will certainly have an effect on their trading.
that's why it's important that we continue to monitor market movements because when this happens we can immediately do something so as not to experience big losses
Lack of proper research before trading is one of the reasons that cause bad trading.
Lack of strategy is another reason why most persons have bad trading; when one does not have a strategy to use in trading,it certainly makes him loose,because as the day goes by,so does strategies change in trading.
Lack of experience is also one of the reasons why people have bad trading.When they do not have experience on how trading goes,or how they will trade,it will certainly have an effect on their trading.
Yes, when traders are caring about their capital then definitely they will avoid bad trading. We cannot do anything about the unexpected market fluctuations still we can exit at stoploss level to cut our losses smaller. So, even in the high volatile market, we can trade safely it is is fully up to the traders and their caring about the capital. Lack of strategy is another reason why most persons have bad trading; when one does not have a strategy to use in trading,it certainly makes him loose,because as the day goes by,so does strategies change in trading.
Lack of experience is also one of the reasons why people have bad trading.When they do not have experience on how trading goes,or how they will trade,it will certainly have an effect on their trading.
many times while trading we let our goals down and get greedy or fearsome. the problem are the reason behind, mostly psychological reasons.
two scenarios
a. price went +20% up, we dont sell.
reasons
we dont need the money now
we anticipate more gains (greed, market sentiment)
we see others with more gains (greed, jealousy)
we dream of million (greed, new life vision)
b. price went -25% down, we sell.
reasons
we need the money now
we are fearing it will crash more (fear, market sentiment)
we doubt our initial decision to buy (judgement by single point of time)
we see others leaving the investment (fear, mass psychology, group)
we see other investment that are not -25% (fear)
thats why many books advice to trade in smaller steps. dont go with a gut feeling, set a goal and stick to it.
the biggest impacts to our psychology? maybe the media, the news, the rumors.
we read something and anticipate that it will move 'others' and so we act on our own.
we do it, but we have no idea what it should mean. what should a musk tweet mean to a price? 3%? 10%? what should india banning crypto mean?
two scenarios
a. price went +20% up, we dont sell.
reasons
we dont need the money now
we anticipate more gains (greed, market sentiment)
we see others with more gains (greed, jealousy)
we dream of million (greed, new life vision)
b. price went -25% down, we sell.
reasons
we need the money now
we are fearing it will crash more (fear, market sentiment)
we doubt our initial decision to buy (judgement by single point of time)
we see others leaving the investment (fear, mass psychology, group)
we see other investment that are not -25% (fear)
thats why many books advice to trade in smaller steps. dont go with a gut feeling, set a goal and stick to it.
the biggest impacts to our psychology? maybe the media, the news, the rumors.
we read something and anticipate that it will move 'others' and so we act on our own.
we do it, but we have no idea what it should mean. what should a musk tweet mean to a price? 3%? 10%? what should india banning crypto mean?
Usually beginners are often careless when it comes to trading cryptocurrencies. Indeed, in general, those who experience psychological problems are caused by social media which often displays good news about Bitcoin and bad news about Bitcoin so that their minds are disturbed. People who are easily distracted are people who are not firm in their stance, therefore this type of person should learn a lot about investing in cryptocurrencies before they lose even more.
I'm here to to tell you and make an enlighten about the topic like we needed the money at the right time, so most of the traders losses their money when they didn't wait for a long term even if they had needed the money. then it is also an impact on the trading of the person, so there must be some of the trading strategies before getting into it.
I think that it refers to needing the money that is in full trading, we must also take into account that out of desperation many people lose in trading, one of the errors for which many do not enter is that they want to sclap and end up trading in the medium and long term, just because the movement they planned was turned against by the market direction and they did not go out on time, I think this is the most common way that traders use to lose money, and unnecessarily, it is For this reason, for me, everything lies in knowing how to make a good strategy. If there is a good strategy there is no danger that you could lose money and if there is a stop loss that protects you against sudden market movements.
Bad trading comes as a result of so many things:
Lack of proper research before trading is one of the reasons that cause bad trading.
Lack of strategy is another reason why most persons have bad trading; when one does not have a strategy to use in trading,it certainly makes him loose,because as the day goes by,so does strategies change in trading.
Lack of experience is also one of the reasons why people have bad trading.When they do not have experience on how trading goes,or how they will trade,it will certainly have an effect on their trading.
Lack of proper research before trading is one of the reasons that cause bad trading.
Lack of strategy is another reason why most persons have bad trading; when one does not have a strategy to use in trading,it certainly makes him loose,because as the day goes by,so does strategies change in trading.
Lack of experience is also one of the reasons why people have bad trading.When they do not have experience on how trading goes,or how they will trade,it will certainly have an effect on their trading.
Those who go into trading without an idea about the market can certainly face a bad situation. When it comes to training, you must go into trading with previous experience and knowledge of the market. If you can't invest and trade properly at the right time, you will be in a bad situation.
Trading looks like an easy job in this world but it's play with emotions and people make many mistakes while handing these emotions. Every trader has their own style or mentallity about trading. When price is falling of a purchased coin traders will not going to handle that because of his own style and he sell his shares. Every patience man always going to make money in trading because trading is the work of timetime to purchase and sells.
yeah everyone must have their own bad experience about trading. The bad experience that I did was also the same as described, namely I was in too much of a hurry and didn't really know the right time to sell and buy coins. I was too eager to make a quick profit to override mature thinking. In trading, we must really understand what to do and understand the market situation, so we must often look at the market. a careful plan and also a good strategy will help us to trade well.
Bad experience is something inevitable and as a trader then its an inevitable thing and its just normal for you to commit mistakes but as you do gain experience you would really make yourself even more better but this isnt something that you could really able to get on few tries or in short duration.
Dont rush up yourself on getting everything because this is a slow but surely process and this isnt a race.
yeah everyone must have their own bad experience about trading. The bad experience that I did was also the same as described, namely I was in too much of a hurry and didn't really know the right time to sell and buy coins. I was too eager to make a quick profit to override mature thinking. In trading, we must really understand what to do and understand the market situation, so we must often look at the market. a careful plan and also a good strategy will help us to trade well.
Seriously I really agree with your right up in trading most most people do lose money just because of greedy and fear, whenever a coins price is up they will be greedy they won't want to sell they will start thinking the price will still pump more and whenever the price start dumping they will start panicking and selling which some might even sell at lost. If you are trading make sure you are having a plan make sure you have a exit price incase you notice you are already in a profit and your target have not been reached and the market is not really favorable you have to exit the market, make sure you always take your profit even if is very little and make sure you dont always sell your coin at lost if you are holding a very good coin.
GreedFear
Lack of Knowledge
Impatience
Too much confidence
These are very common factors or aspects on why people do really commit out bad trades
but you should really be that sensible on taking those mistakes as a learning curve because you wouldn't really make yourself
way more better if you do skip it out.
Seriously I really agree with your right up in trading most most people do lose money just because of greedy and fear, whenever a coins price is up they will be greedy they won't want to sell they will start thinking the price will still pump more and whenever the price start dumping they will start panicking and selling which some might even sell at lost. If you are trading make sure you are having a plan make sure you have a exit price incase you notice you are already in a profit and your target have not been reached and the market is not really favorable you have to exit the market, make sure you always take your profit even if is very little and make sure you dont always sell your coin at lost if you are holding a very good coin.
I think greediness is available in every person. It he is a trader or not. So, there are so many reason for bad trading. But the most common mistakes are low knowledge and greed. These both things always give you loss. So, first learn about trading and try to control your greed. And then take any step of trading.
Greed contributes to many traders losing money. They will probably see a good chance of selling and of course make nico profit. But, human being are unsatisfied, they always want more, so they end up losing that opportunity. Although, fear also leads to bad trading, a trader must learn how to make decisions without fear. We all know that trading involves risk. Then what Is the reason of been afraid? To avoid bad trading, one must know when to get into the market. Not buying a coin at it all time high, and expect to make a pretty profit.
I'm here to to tell you and make an enlighten about the topic like we needed the money at the right time, so most of the traders losses their money when they didn't wait for a long term even if they had needed the money. then it is also an impact on the trading of the person, so there must be some of the trading strategies before getting into it.
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