reasons for bad trading - page 3. | Bitcointalksearch.org

carlfebz2

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Quote from: sherenikaw on October 26, 2021, 05:45:02 PM

That's right, sometimes I also do that where I miss an opportunity to sell when the market starts to rise. That's why we have to think carefully and don't rush into trading. I also realize that sometimes I am too greedy and want to make a quick profit and so I rush into making decisions. from that I learned that trading requires good observation and patience so that we don't take the wrong step, besides that we also have to prepare mentally well so that we don't get depressed and can continue trading well.

Bad trades are inevitable thats why you should really be learning up something out of those bad trades and study and realize on how things been committed.

You cant just make it on few tries but would really be in couuntless times.Dont rush up yourself on having a good grasp in the market because this isnt a race for someone to rush on.

Just take it slow and try to learn up everything as you do go ahead.Try to be sustainable.

sherenikaw

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That's right, sometimes I also do that where I miss an opportunity to sell when the market starts to rise. That's why we have to think carefully and don't rush into trading. I also realize that sometimes I am too greedy and want to make a quick profit and so I rush into making decisions. from that I learned that trading requires good observation and patience so that we don't take the wrong step, besides that we also have to prepare mentally well so that we don't get depressed and can continue trading well.

JooBra

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Quote from: Alisha FR on October 25, 2021, 12:35:19 PM

Greed will only end in regret, starting trading must be consistent with setting profit targets. Do not get carried away by emotions when market conditions suddenly drop drastically or when there are repeated pump. If we get profit with the initial target, then as a trader who is committed to trading, we must fulfill the initial goal. Do not let the trading results disappoint ourselves.

It's more easy to say it then to do it. It's really hard to control emotions. I needed 3years to make it to a point where I can call myself successfull trader.

Alisha FR

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Greed will only end in regret, starting trading must be consistent with setting profit targets. Do not get carried away by emotions when market conditions suddenly drop drastically or when there are repeated pump. If we get profit with the initial target, then as a trader who is committed to trading, we must fulfill the initial goal. Do not let the trading results disappoint ourselves.

nur rochid

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Quote from: otundebis on October 24, 2021, 11:19:40 AM

As far as trading is concerned, nothing is written in stone. These reason listed may be the reason for good trading tommorow. I think the most important to do list for any trader at any level is to have a plan and a strategy, every other things should fall into place, all things been equal or not. Trading Cryptocurrency is dynamic and spontaneous!

In conducting transactions, of course, we must have a predetermined framework, and we must write it down so that whatever happens we can read it back to be material for future corrections. we are aware that the market is dynamic and our decisions are sometimes spontaneous, to get that we have to increase our flight hours so that later we naturally have feelings for the market

otundebis

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As far as trading is concerned, nothing is written in stone. These reason listed may be the reason for good trading tommorow. I think the most important to do list for any trader at any level is to have a plan and a strategy, every other things should fall into place, all things been equal or not. Trading Cryptocurrency is dynamic and spontaneous!

Kulkhan

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I Think main reasons for bad trading is poor knowledge. Without proper knowledge bad trading happening and people losing their valuable asset. On the other hand another big reason is emotion. Emotion controlling is very tough in tread. When any trader capable to control emotion then he/she must loss his fund. So my analysis two big reasons for bad trading one is lack of proper knowledge of trading and next one is emotion.

Hobo66

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There are numerous reasons for bad trading. The foremost thing is that the users often make investment based on feelings and emotions. The second thing is that they don't set stop lose which prevent users from big loss in their investment. They also have not enough information about the trading. So these all are the reasons for bad trading.

ItsCrafty

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I have also the same question that whenever we have seen Elon Musk and any other top traders, due to their just one tweet the coins rises or i didn't get that how can he do it? But i want to say one thing in my mind that he is also a top trader, as he invested more in that coins, the price of the coins rises. What do you think about it?

Emmychris

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Quote from: Ultegra134 on May 15, 2021, 02:38:48 PM

The main reasons for unsatisfactory trades is being impatience and the fear of missing out. I've come across both of them, I often found myself being impatient and selling too quickly, which lead into losing a decent profit in the long run, while I've also sold when the market was facing a crash. Sometimes, we're also affected by what others are doing, if for instance the forum is going nuts about Ethereum's crash (just an example), we'll be tempted to also sell because that's what everyone is doing.

It's all about making the right decision at the right time, most of us let our emotions control our actions in trading which is bad. Selling too quickly and later price pumps is one thing that occurs frequently, so for it to be avoided, have a plan, set a target, know the reasons for buying the coin and work with it. Some traders and investors has no plan or any target for a coin, there just jump in, this is why they can easily sell at loss because of a market correction or hold a coin which has given much profit already

killerman2

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We always does some hurry in trading whether we want to buy some coin or we want to sell some of the coins but in trading as you can see most of the trader advised you to keep patience. This is due to prevent loss and ready for the big profit only. So, in every situation must learn some strategies and followed them.

Cherylstar86

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Quote from: Lordshiva on August 18, 2021, 09:10:25 PM

The reason for most of bad decision in trading is greedy and not follow their own rules. Base on my experience i usualy doing good when analyzing chart. I set resistence line as a taking profit point but after i reach that and the market look like continue its bull, my greediness suddenly appear so i am not closed my position. Greed also can lead you to trade with high margin ( this is the worst trading strategy ).

Indeed. Being greedy is one of the reasons in bad trading. They also follow and have their own rules in trading. They also think that trading is just an easy thing. They trade without knowledge about it and even the techniques and strategies on how to do it. Bad trading is obviously the result of our wrong doings. If we are not going to change this, it will still result on the same thing even how many years we spend on trading. If we lose money before because of our wrong doings, it will just repeat in your every trading.

dimonstration

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Dimon69

Quote from: Lordshiva on August 18, 2021, 09:10:25 PM

The reason for most of bad decision in trading is greedy and not follow their own rules. Base on my experience i usualy doing good when analyzing chart. I set resistence line as a taking profit point but after i reach that and the market look like continue its bull, my greediness suddenly appear so i am not closed my position. Greed also can lead you to trade with high margin ( this is the worst trading strategy ).

If it will depend on tgeir own rules it may lead in a different ways or some losses. Sometimes it's still good to have some guide until we know that were capable of doing trading ,not just trading but a profitable one. We need to distunguish in what area we are good at like in ahort or long term trading or maybe day trading and what coins interest us the most. It's a process and qe must be disciplined enough to learn and monitor all of them.

Lordshiva

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Welcome back 🙏

The reason for most of bad decision in trading is greedy and not follow their own rules. Base on my experience i usualy doing good when analyzing chart. I set resistence line as a taking profit point but after i reach that and the market look like continue its bull, my greediness suddenly appear so i am not closed my position. Greed also can lead you to trade with high margin ( this is the worst trading strategy ).

Wawa2013

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Quote from: juliepower on August 17, 2021, 12:02:28 AM

In my opinion what I experience and saw others while trading the basic and important mistake by traders is they invest without knowing(unfamiliar), understanding, lack of knowledge impatience,sold in hurry and greedy plans. These are the reasons for bad trading. 🙏make sure before invest in any take a knowledge and learn more then make plans.

Because most people think trading is an easy thing to do, when in reality trading is not as easy as imagined. There are many factors to be able
to successfully generate profits from trading, including having knowledge and being able to control emotions well. Without our knowledge trading
only based on other people's opinions or even just following instinct, and the results will be bad. That's why most people fail at trading, because
they trade in the wrong way. So prepare everything before we finally decide to trade, so that we don't do bad trading.

juliepower

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In my opinion what I experience and saw others while trading the basic and important mistake by traders is they invest without knowing(unfamiliar), understanding, lack of knowledge impatience,sold in hurry and greedy plans. These are the reasons for bad trading. 🙏make sure before invest in any take a knowledge and learn more then make plans.

Chathusand

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It's a common issue among traders. But, a few days ago, I saw a topic with the title: Cryptocurrency is a playground for the wealthy. Actually, if you have too much money, you will be able to make any decision you choose. You will fill something horrible for every decision when you need money.

matchi2011

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Quote from: Pokapoka124 on August 12, 2021, 08:53:42 AM

Quote from: Rruchi man on August 12, 2021, 04:03:28 AM

Trading is not a get rich quick scheme.

Some people are enticed by the notion that trading brings in a lot of money and has the ability to make one rich quickly.

Others are enticed by the huge portfolios of old traders, and the successes they post online.
As a result of this misconception, many people quickly want to get into trading and we all know how badly it ends for them.

They do not concern themselves with learning the rudiments and also learning from the in between the line excesses from masters who have become conversant with trading.

Not being patient enough to learn completely to adopt a strategy, and being in a hurry to make money from trading are leading causes of bad trading.

Everyone learns eventually that trading is a not a easy task contrary to popular belief. This is why starting with a demo account is important for a newbie in trading. Trading a live account go beyond knowing the basics of trading, there is a lot you can learn as a trader using demo account

It's not that easy. Many failed because they are aiming for an easy hit, not expecting that there are many struggles before they'll be able to manifest with this business.

It's always good to have some practices and do your research first before you do the actual trades. There are many places to learn demo accounts gives you the actual settings it will give you knowledge what you supposed to know.

Psynthax

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Quote from: ?? on ??

True .. greed and feeling of insatiable is the thing that hinders some of the way to trade . From here we learn the importance of self-control and gratitude. A merchant will continue to make the same mistakes if he does not keep their self-control from greed and lack of gratitude.

I heard some advice from youtube influencer that said we should stop for a moment if we have made a mistake and maybe because of loss or something like that because we have bigger chance of making a really bad decision that can make us losing more and more and i think that advice is a good advice. maybe just become more patience and patience analyzing the market will help, after all analyzing the market is part of the progress.

Sweetbtc

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I saw many newbie included some of my best friends they take entry in fomo when coin has high resistance that price id such coin will down soon and results 20%+ lose.
Entry in dip is a one of the best stategeties and i believe that no will lose.
2nd some newbie want to make millionaire in 2 days and they invest most of portfolio on meme and shitcoin which xan result high lose .

Topic: reasons for bad trading - page 3. (Read 1867 times)