Topic: Top reasons that leads to fail in trading - page 14. (Read 3206 times)
if anyone is looking for a way to keep up with bitcoin trading crazyness like myself try this app it keeps me up to speed with my trades...http://d22992qex7ok3kfx7x3cd4pnfq.hop.clickbank.net/ great for busy people like myself.
Emotion are the key to be a good trader. One of the causes of failure in trading is poor emotional control. Trading requires good emotional strength, because then we can practice patience. Patience is one way to lead to success in trading. Without a sense of patience then we will only get the loss and also the failure in our lives.
Top reasons that leads to fail in trading
Being emotional. It's hard to control your emotions especially once prices go down and you see all your money go down the drain. The panic seller's attempts to cut losses has only hurt them more in the process and makes them end up losing even more. Unfortunately, FOMO takes over and this is what kills the newbie traders. Using your emotions will probaly lead you to lose everything..
Drifting through the wind. chasing the ones that are already pumping, which is very risky. You bought when the price is still high then price dropped and you are holding a bag of expensive coin.
Don't put all your eggs in one basket. Diversity. Diversify your investments so if one falls, other investment may help you to recover.
For best in the trading field you need these 5 things to be added in your check list, as all these five things are pillars of success here in the trading.
1) Solid Trading Strategy
2) Trade Plan
3) Money Management Skills
4) Reasons for Entries and exits.
5) Journal, News
P.s
I have quote some people words from my last topic
I think the top reason to fail in trading is no patience. Because if you have a target have patience on it to come. Don't go until your target has not come. Have faith and trust in the Lord Jesus our God. That what you're asking will be given exactly. Don't quit on circumstances that has come to you. Because that's a part of your success, if you overcome you win the price has given you.
Don't put all your eggs in one basket. Diversity. Diversify your investments so if one falls, other investment may help you to recover.
Greed and unstable psychology are the biggest reasons that affect commercial results. Many investors when the coin increase prices not sold but continue to wait to increase but coin decline. When coin prices fell a little, they sold out and it rose again. These two seem to be simple but a lot of trader suffer and still lose a lot on the cryptocurrency market.
That's what you called panic selling when price fell down most sell their coins. In trading we should calm, we are in mindset to have a profit as planned. Like never put our funds in one basket, it is good to balance or spread our investment to get rid of lose. 
Learn your way
The Internet is a big part of Internet Marketing. So, remember don't play your fund by just watching & reading. I know they are good but they good by there knowledge. So, Learn from everyone but before apply Learn your way.
Patience
Very hard to keep, It has a great impact on every stage of life.
Telegram Group
Paid Trading signal, Pump & Dump group. It gives profit but their lot's of done scam.
Trading is easy if you are not too much Greedy & Emotional.
Good Luck &
The Internet is a big part of Internet Marketing. So, remember don't play your fund by just watching & reading. I know they are good but they good by there knowledge. So, Learn from everyone but before apply Learn your way.
Patience
Very hard to keep, It has a great impact on every stage of life.
Telegram Group
Paid Trading signal, Pump & Dump group. It gives profit but their lot's of done scam.
Trading is easy if you are not too much Greedy & Emotional.
Good Luck &
Top reasons that leads to fail in trading
Being emotional. It's hard to control your emotions especially once prices go down and you see all your money go down the drain. The panic seller's attempts to cut losses has only hurt them more in the process and makes them end up losing even more. Unfortunately, FOMO takes over and this is what kills the newbie traders. Using your emotions will probaly lead you to lose everything..
Drifting through the wind. chasing the ones that are already pumping, which is very risky. You bought when the price is still high then price dropped and you are holding a bag of expensive coin.
Don't put all your eggs in one basket. Diversity. Diversify your investments so if one falls, other investment may help you to recover.
For best in the trading field you need these 5 things to be added in your check list, as all these five things are pillars of success here in the trading.
1) Solid Trading Strategy
2) Trade Plan
3) Money Management Skills
4) Reasons for Entries and exits.
5) Journal, News
P.s
I have quote some people words from my last topic
I totally agree with this, Emotions are one of the worst enemy in trading, If you can't control your emotions please stop trading, you will just loss your money. Fear of losing more money which is why panic selling happens, "I can control it, I'll just hold it until it pumps up again" it is easy to say those things but once you actually experience the falling of market you will feel fear because you are losing the money from you hardwork. Patience is a must in trading.
Buying a pumped coin has a very high risks, pumped coins are more likely going to fall, Imagine you've bought an apple for $10 and sell it for $8? That's how you loss in buying pumped coins.
Don't invest in just 1 coin, because if that coin you invested falls, you will just lose your money and you will not have some money to recover your loss because you've invested in a market that falls. You are lucky if it pumped but it is a very risky tactics.
Don't put all your eggs in one basket. Diversity. Diversify your investments so if one falls, other investment may help you to recover.
Trading does look cruel to anyone who does not have a strategy.
thank you for sharing, this post is very useful.
This is also what I have learn on first months of being into trading crypto cryptocurrency, and still applying it up to now. Before I'm used to buy all my funds in trade for a certain coin (based on a friend's advice, own gut feel/instinct, and random reasons) then I had read an article about diversifying hodlings and yes I find it safer for even half of my hodlings fail I still have chance to recover from other coin's profit.
I thinks wrong decide when you trade is:
" You very hurry to take little money "
When you sell coin you have, u dont trust coin and easu sell when you see little money you earn.
And others reason you lost money is:
"You dont find all news thing update from coin and forgot trade when sleeping ".
" You very hurry to take little money "
When you sell coin you have, u dont trust coin and easu sell when you see little money you earn.
And others reason you lost money is:
"You dont find all news thing update from coin and forgot trade when sleeping ".
For best in the trading field you need these 5 things to be added in your check list, as all these five things are pillars of success here in the trading.
1) Solid Trading Strategy
2) Trade Plan
3) Money Management Skills
4) Reasons for Entries and exits.
5) Journal, News
P.s
I have quote some people words from my last topic
Those 5 things have to be completed.
I mean if you dont do one of them then your trading might be not controlled.
If you havee those 5, i am sure you will be success in trading.
We only need to buy and sell so buy in low price then sell that in high price i think the best to do is hold it until it's go really well then or until the coins gone that's all i can say in trading we need to take the risk like it gone or it go well.I think the chance to earn is big so there's nothing to fear another thing with volatile of many digital currency is so risky in the first place so it's already given to risk when we start in crypto.
Trading is a difficult part we dont know if we loss or success, in my opinion top reason why you fail in trading it is because lack of researching and no planning stragegy that cause in fail in trading perhaps.
The search for hyped coins/tokens has been one of the major cause of failure in recent times here in the crypto space. With the influx of noobs coming in after being preached to, on how to become a crypto millionaire ; They'll line up to buy/support hyped projects with little to no developments or worth. It's like an empty sack. This is one of the recent causes of failure in the space.
Trading is a difficult part we dont know if we loss or success, in my opinion top reason why you fail in trading it is because lack of researching and no planning stragegy that cause in fail in trading perhaps.
Top reasons that leads to fail in trading
Being emotional. It's hard to control your emotions especially once prices go down and you see all your money go down the drain. The panic seller's attempts to cut losses has only hurt them more in the process and makes them end up losing even more. Unfortunately, FOMO takes over and this is what kills the newbie traders. Using your emotions will probaly lead you to lose everything..
Drifting through the wind. chasing the ones that are already pumping, which is very risky. You bought when the price is still high then price dropped and you are holding a bag of expensive coin.
Don't put all your eggs in one basket. Diversity. Diversify your investments so if one falls, other investment may help you to recover.
For best in the trading field you need these 5 things to be added in your check list, as all these five things are pillars of success here in the trading.
1) Solid Trading Strategy
2) Trade Plan
3) Money Management Skills
4) Reasons for Entries and exits.
5) Journal, News
P.s
I have quote some people words from my last topic
My own reason in failing is being emotional for all we know some other altcoins have no incators can read and with the bitcoins is totally unpredictable if any coin will go dump or it will gonna stay. In my case i entered with some coin with my own risk buying at dips in price and a sudden it goes dump more that problem is my emotion.
For your trading tips #1 is what i have not applied im too crazy in the market as long as i see an opportunity no matter what i will enter (emotions) so it was related on my ways.
It's easy to overestimate one's trading capabilities by netting wins during bull markets. In many cases it would have been more profitable to hold.
And when the market turns, they are in real trouble. Don't try to time the market unless you have insider information.
And when the market turns, they are in real trouble. Don't try to time the market unless you have insider information.
Panic sells and fast buys are the top reasons to fail in trading. That is caused, when you go on with too high amounts and only invest into one or two cryptocurrencies. Often it takes weeks, that cryptocurrencies will go up. Day trading is an unefficient kind of trading because you don't get touch with the main trend of each stable cryptocurrency, which should go up on longterm.
Well this strategies are amazing but for me there is another thing to consider in trading also..Be patience, and never give up, even the value is falling because time will come it will increase again.
I think the main reason is people feel panic when the price just go down a little bit. Maybe they never hearing "You Don't Lose Money in Stocks Unless you Sell" of Warren Buffett 
. The market dump and pump everyday is really normal but at the moment it's dumping harder as usual and this one make a lot of traders and holders panic and it become a good chance for the whales to collect good coin with cheap price
. The market dump and pump everyday is really normal but at the moment it's dumping harder as usual and this one make a lot of traders and holders panic and it become a good chance for the whales to collect good coin with cheap price 
Don't put all your eggs in one basket. Diversity. Diversify your investments so if one falls, other investment may help you to recover.
Don't put all your eggs in one basket. Diversity. Diversify your investments so if one falls, other investment may help you to recover.
Jump to: