reasons for bad trading - page 8. | Bitcointalksearch.org

abel1337

legendary

Activity: 2492

Merit: 1145

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: Mauser on June 03, 2021, 12:56:27 PM

Quote from: Cling18 on June 03, 2021, 11:21:54 AM

All in all, being unable to handle our emotions has a huge impact on our decisions. In trading, we have to set a certain target and focus on it. Sometimes, we're aiming for more that it even exceeds our target goal which results in losses and regrets in the end. We have to learn how to avoid putting too much emotions in that market's volatility but instead, we should manage how to deal with it.

I agree, the biggest issue in trading is if we put too much money on one single coin. There is a lot of risks involved in trading which we can't control. That is why diversification is so important. In general, I try invest in at least 5 different crypto currencies. The same goes for stocks, I don't like to invest in one stock alone, better to spread out. When we are holding more than one coin it is also easier emotionally for us to check our portfolio. The chances that all 5 coins are in red is much lower, then by just holding one coin.

There is an old saying that "Don't Put All Your Eggs in One Basket". This applies to assets especially on very volatile ones like crypto tokens. I myself lose my whole trading capital before because I put all of my money on a single coin and yeah it is a bad decision that I do, As far as I remember I did somehow regained my losses from diversifying the remaining money and do small trades until I recovered. It was a hellish week because of the stupid decision I did. I hope that everyone gets the lesson of it.

Cling18

full member

Activity: 1708

Merit: 126

All in all, being unable to handle our emotions has a huge impact on our decisions. In trading, we have to set a certain target and focus on it. Sometimes, we're aiming for more that it even exceeds our target goal which results in losses and regrets in the end. We have to learn how to avoid putting too much emotions in that market's volatility but instead, we should manage how to deal with it.

Tigerheart3026

full member

Activity: 902

Merit: 112

Quote from: ?? on ??

For me, control emotion is something that people will need really long time to master it. Maybe with practice, technical analysis can be mastered. But control emotion to be not greed and panic is hard to do, even some traders who in years trading sometimes can't control their emotion and ended with lose their assets.

you are correct i also admit in trading loss is sure if you can't control your emotion.
but behind the situation in the last few days huge fud is spreading for some stupid people and negative news.
newbie traders can't wait patiently they selling panic bought high rate and now selling lower.

Renampun

sr. member

Activity: 2338

Merit: 365

Catalog Websites

Quote from: dunfida on May 28, 2021, 12:07:37 PM

Quote from: devollito on May 28, 2021, 12:00:25 PM

...

Greed
Emotion
Lack of experience

These are the main things on why people do really make out bad trades. Nothing is perfect though because mistakes are inevitable
Thing here is that you do know on how to handle up yourself with such condition.

Traders with no experience are usually less able to control their greed...

trading is very profitable for us, if we buy and sell at the right price and at the right time but greed is often the barrier. Fomo and cut-loss are bad habits that traders should avoid too.

feelideb

full member

Activity: 770

Merit: 101

fLibero.financial

The issue of bad trading will persist as long as we are not objective and clear minded in our trading postions! The big singular reason for bad trade is mismanagement of your emotion of fear and gree! If you are able to control these emotions, you will be able to habe good trade! Been disciplined and sticking to a goal is more reliable than impulsive buying and selling!

tvplus006

legendary

Activity: 2268

Merit: 1655

To the Moon

The main reason for bad trading is the trader himself, who overestimated his experience and ability in trading. Despite the fact that everyone knows that you can not break trading strategies, there are very few traders who have never broken them. When we learn to control our emotions and stick to our trading plan, we will be able to get more profitable trades.

taufik123

legendary

Activity: 2716

Merit: 1859

Rollbit.com | #1 Solana Casino

Quote from: angrynerd88 on May 30, 2021, 12:23:24 PM

Crypto trading a field where traders be more mindful and continuously have a concrete techniques on when to offer and when to purchase, since the showcase is exceptionally unstable and we cannot chase everything here so don't be eager. Always try to avoid put all money in exchanging in case you think you'll require it within the coming days, since you may be constrained to offer indeed in case its not your target cost, have a few little capital planning for exchanging alone, this may be a huge offer assistance.

The purpose of a concrete technique may be technical analysis or reading charts to find out or predict market prices. That way it will be easy to determine when to enter and when to exit.
A really good strategy should be implemented like capital management and not put everything in exchange as you mean.

There are many reasons that suggest trading is so bad. Lack of experience and not being able to do management properly will make tarding chaotic and result in losses. Basic knowledge of trading must also be mastered, don't trade without basic knowledge, because it is the same as trading with your eyes closed.

angrynerd88

sr. member

Activity: 910

Merit: 253

Hodlers Network

Crypto trading a field where traders be more mindful and continuously have a concrete techniques on when to offer and when to purchase, since the showcase is exceptionally unstable and we cannot chase everything here so don't be eager. Always try to avoid put all money in exchanging in case you think you'll require it within the coming days, since you may be constrained to offer indeed in case its not your target cost, have a few little capital planning for exchanging alone, this may be a huge offer assistance.

Kopetunto

member

Activity: 630

Merit: 10

Quote from: andriarto on May 29, 2021, 10:18:17 AM

Quote from: dunfida on May 28, 2021, 12:07:37 PM

Quote from: devollito on May 28, 2021, 12:00:25 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 ).

Greed
Emotion
Lack of experience

These are the main things on why people do really make out bad trades. Nothing is perfect though because mistakes are inevitable
Thing here is that you do know on how to handle up yourself with such condition.

Gaining up experience along the way should be your main priority because once you are aware on these things then
you would really know on what to do in terms of risk management.

emotion is trading's biggest enemy, in my opinion. to train emotions in trading not everyone easily masters it. there are still many people who use their feelings in trading, even though we only need discipline to the framework that we have created before. therefore we must increase trade to control emotions

Emotions and self-control are very influential in trading and we cannot ignore them,
more so if the market is down that is the real test in controlling our emotions,
It's not easy for sure but at least we have to learn and I think we will get used to discipline

Zanab247

full member

Activity: 1358

Merit: 207

Catalog Websites

The following are some of the reasons you for bad trading:
• Fear : Many marketers are not comfortable with the price in the market whether to sell or hold.
• Bad information: some traders found their self in a wrong transaction based on the fake information they got from outside investors.
• Research: when you failed to carry out your personal research it will be difficult for you to make your trading successful.

conected

hero member

Activity: 1302

Merit: 503

Quote from: devollito on May 28, 2021, 12:00:25 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 ).

- In the case that you say, professional traders will take action to sell to recover the original capital and let the profits continue the automatic process of reproduction and growth, such an automated process would be the fastest way to get rid of greed, rather than using overly manual thoughts and actions to eliminate it, losing won't be ingrained in our capital and winning will calm our emotions and not tend to regret or get angry about acting too soon. Experience is the ultimate criterion for turning bad trades into good ones

andriarto

sr. member

Activity: 1344

Merit: 253

Quote from: dunfida on May 28, 2021, 12:07:37 PM

Quote from: devollito on May 28, 2021, 12:00:25 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 ).

Greed
Emotion
Lack of experience

These are the main things on why people do really make out bad trades. Nothing is perfect though because mistakes are inevitable
Thing here is that you do know on how to handle up yourself with such condition.

Gaining up experience along the way should be your main priority because once you are aware on these things then
you would really know on what to do in terms of risk management.

emotion is trading's biggest enemy, in my opinion. to train emotions in trading not everyone easily masters it. there are still many people who use their feelings in trading, even though we only need discipline to the framework that we have created before. therefore we must increase trade to control emotions

Lordhermes

sr. member

Activity: 1232

Merit: 379

Quote from: dunfida on May 28, 2021, 12:07:37 PM

Gaining up experience along the way should be your main priority because once you are aware on these things then
you would really know on what to do in terms of risk management.

It takes time to gain experience and along the way you can face some challenges that will strengthen your and your trading career and behavior, these things op included often affect me when ever in a trade, I started spot trading and I noticed I was not improving and loosing money because I sell in loss thinking it crashing down, seeing others leaving the investment triggered me more to the extent I ask myself "what am I doing in this trade?" Why am I still holding this coin when everyone is selling out".

Becoming successful in trading is abstaining from certain behavior, be happy every moment that prices go dip, create a mindset of happiness when it's goin dip and normalize buying more at every dip, this is the smartest solution to the problem op had listed.

dunfida

legendary

Activity: 3122

Merit: 1140

Quote from: devollito on May 28, 2021, 12:00:25 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 ).

Greed
Emotion
Lack of experience

These are the main things on why people do really make out bad trades. Nothing is perfect though because mistakes are inevitable
Thing here is that you do know on how to handle up yourself with such condition.

Gaining up experience along the way should be your main priority because once you are aware on these things then
you would really know on what to do in terms of risk management.

devollito

full member

Activity: 560

Merit: 217

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 ).

coiner-88

member

Activity: 537

Merit: 10

I think whether it little financial backer or greater whale they will shake their hands when market is going all over with that much overlap. Little financial backers inconvenient on the grounds that they have less cash to exchange and are consistently reluctant to loos even that amount. Try not to place your cash in exchanging in the event that you think you will require it in the coming days, since you will be compelled to sell regardless of whether its not your objective cost, have some little capital proposed for exchanging alone, this can be a major assistance.

jostorres

hero member

Activity: 2562

Merit: 586

Quote from: semobo on May 26, 2021, 12:19:27 AM

Exactly,greed makes the person to lose the money while trading cryptos. They will be confident to hold their assets when the price is raising but they will be mad if price went down.

Funny thing is that when people are being greedy they never know that. I see some people who will make double their profit, but they won’t sell their coins and they will be saying that they believe that Bitcoin will reach $100,000 and at the end they will all be disappointed. People are greedy but they never agree that they are greedy.

I invest in cryptocurrencies but I don’t do all those greedy stuff, and I am not the type that relies hundred percent on cryptocurrency, I have my own business. Before I owned my own business I worked in an office and through cryptocurrency I was able to raise some money and then start my own business, and right now I invest in cryptocurrency and also invest in my business and I always have plans before investing.

semobo

full member

Activity: 1498

Merit: 146

Exactly,greed makes the person to lose the money while trading cryptos. They will be confident to hold their assets when the price is raising but they will be mad if price went down.

One who are doing trading must stick with their goals, if they starts to look others and assume that they are making more money then you are on the wrong track.

Mahanton

hero member

Activity: 2730

Merit: 632

Quote from: onecall123 on May 25, 2021, 11:54:32 AM

Quote from: repear7 on May 25, 2021, 11:00:02 AM

It’s a general problem for a traders. But, Some days before, I see a topic that's name: Cryptocurrency is a playground for rich. Actually, When you have too much money, You will fill comfortable by taking any decision.and when you need money, You will fill something bad for every decision.

That's the fact, proper money management can give you benefits but either way you will regret due to your bad management. It's very common every new investor are very much interested in trading. However, some safety measure can save us lose our money. Always focus on blockchain technology and chart technical analysis.

Factors needed to be considered:

~Actual project relevance
~Potential in future runs
~Community support

Here are my basis when im trying to look or choose for projects to be involved on and of course proper money management does
play an important role because if you dont have this then sustaining yourself into this market would really be hard.

onecall123

sr. member

Activity: 2156

Merit: 323

Quote from: repear7 on May 25, 2021, 11:00:02 AM

It’s a general problem for a traders. But, Some days before, I see a topic that's name: Cryptocurrency is a playground for rich. Actually, When you have too much money, You will fill comfortable by taking any decision.and when you need money, You will fill something bad for every decision.

That's the fact, proper money management can give you benefits but either way you will regret due to your bad management. It's very common every new investor are very much interested in trading. However, some safety measure can save us lose our money. Always focus on blockchain technology and chart technical analysis.

Topic: reasons for bad trading - page 8. (Read 1867 times)