Topic: Top reasons that leads to fail in trading - page 4. (Read 3206 times)
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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 reason why trading is so bad is because they can't control the patience they have and may not have trading skills. so that they cannot determine the right time to buy and sell coins.
Good factors that show errors in trading, the author thanks for this post, I think too, that you need to clearly define the goals and remove the excitement to the side
Strong reason to fail in trading is impatient, in the crypto market you have to be patient as it rises lowering the price very quickly, do not hesitate to hold if you are unsure, the key to successful trading is patience
It is really a reason. However, I think that a lazy bone will be always a loser. The greatest mistake is not to follow the market information and avoid self-education.
Perhaps you have heard the statistics before. Nine out of every ten people who enter the stock market as an active trader fails. But why is that? In my opinion, based on years of experience of teaching traders, the number one reason why traders fail — they lack the tools they need to succeed. So what are these tools that you need as a trader to be successful? Well they are simple. I like to call it the trader’s tool belt. In that belt you find things like: education, experience, charts, vision, and risk management systems.
for me, emotions may have been the only thing that has put me down in trading. I have still not overcome it. Doesn't always get me but when things go south. I do get caught.
So you mean to say that the fall in the trading is due to emotional which is right. It is also due to the fact when you invest in a coin that is not of enough future profitability, and after sometime you realize it, you let it go not thinking about the consequences it would have on the crypto market. Also trading in the red market when your portfolio can earn you only a little money is not desirable as well. Knowledge plays vital roles in helping you understand things that otherwise are tough to make clear.
The world has no investment type has no risk.
Investment = risk = profit = loss, these things always exist together.
maybe those who fail in that trade is the greed of gains in the go, because humans do not escape from the greedy nature.
I also often like that when trading at Bittrex, and at the end of my loss. but I try to hold all the greed in a more grateful way.
I also often like that when trading at Bittrex, and at the end of my loss. but I try to hold all the greed in a more grateful way.
for me, emotions may have been the only thing that has put me down in trading. I have still not overcome it. Doesn't always get me but when things go south. I do get caught.
So you mean to say that the fall in the trading is due to emotional which is right. It is also due to the fact when you invest in a coin that is not of enough future profitability, and after sometime you realize it, you let it go not thinking about the consequences it would have on the crypto market. Also trading in the red market when your portfolio can earn you only a little money is not desirable as well. Knowledge plays vital roles in helping you understand things that otherwise are tough to make clear.
for me, emotions may have been the only thing that has put me down in trading. I have still not overcome it. Doesn't always get me but when things go south. I do get caught.
So you mean to say that the fall in the trading is due to emotional which is right. It is also due to the fact when you invest in a coin that is not of enough future profitability, and after sometime you realize it, you let it go not thinking about the consequences it would have on the crypto market. Also trading in the red market when your portfolio can earn you only a little money is not desirable as well. Knowledge plays vital roles in helping you understand things that otherwise are tough to make clear.
Failures are somehow advantageous if one knows how to make it a platform for betterment and success. The most common reasons why trading fails would be using the wrong strategies and plans, lack of skills and knowledge in trading, putting all assets in one investment and having the fear to embrace the risks. It's always better to continue studying what trading is, its nature, market condition, what needs to be done in times of crisis, being emotionally stable, checking the market status and value, and knowing how to best play the game. In this way, it can decrease risk and give a stress-free mind. Don't panic, just trust and believe.
Right.I believe many people here are only engaging into trading because they think it can help them to become rich quickly.But it only make them failed in the end.Trading is a very risky thing so you should study well the nature of trading and all the things that are relevant to it.Then let yourself experience it so you will experience losing or winning.From there,you will develop your own skills in trading that will be very essential in making you a successful trader at the end of the day.
Failures are somehow advantageous if one knows how to make it a platform for betterment and success. The most common reasons why trading fails would be using the wrong strategies and plans, lack of skills and knowledge in trading, putting all assets in one investment and having the fear to embrace the risks. It's always better to continue studying what trading is, its nature, market condition, what needs to be done in times of crisis, being emotionally stable, checking the market status and value, and knowing how to best play the game. In this way, it can decrease risk and give a stress-free mind. Don't panic, just trust and believe.
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
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
And also putting all of their money in trading so when they need some money for emergency cases they wouldn't have a choice but to sell their token or coin even if the market or the value of the token is being dump.
I think most of us already experience it and it is really great to remind your self about what you need to do in trading thanks for reminding us about it.
The leading cause of failure in the transaction I think is that we are so overwhelmed we do not understand all the issues involved in the transaction as we have many things not understood in the transaction process.
the main thing is to have a certain plan of selection, entry and exit from the transaction. you can not make decisions when you are already in the transaction, such decisions are already deliberately not correct and are based on chance
usually leads the leads to fall into the world of trading because they can not control their patience to make them vulnerable to market conditions and very easy to panic, which makes it a loss.
Because all people want fast and easy money and cant put an effort on HODL 
Yes, i agree with you mate,there are two top main reasons why traders usually failed, for being greed and impatient ,trading is the hardest part in crypto, to lessen failures as a trader we must do some knowledge about it, never be panick coz the fact is the market will not disappear.
I think the top reason why traders are failed in trading is greedy,inpatients, lack of knowledge and no have yet experience in trading.I know that trading is basically buy low and sell high.but not just to think.it needs to view the project of you're coin that you trade that's why many traders have loss.its just because they don't know the project of coin if good future or not.
Most of the traders today are failing because they are all impatient, most of them tend to sell their coins at the lowest price when the market is dumping its price and from there they are losing a huge amount of their investments.
The advice of buy low and sell high is always the first one that would be given when someone ask what to do in trading and how to profit in it but even though it is the most basic, many traders cannot still follow it and often times do the opposite which is buy high and sell low resulting to more losses. When a coin is hype and it already has a high price, some would immediately buy thinking that it would continue to rise and then the coin would dump and the one who bought has already an unrealized loss and be discouraged of the price selling it at a low price which would lead to a realized loss. This would continue until such time one learns his lesson and have a trading plan and risk management.
I think the top reason why traders are failed in trading is greedy,inpatients, lack of knowledge and no have yet experience in trading.I know that trading is basically buy low and sell high.but not just to think.it needs to view the project of you're coin that you trade that's why many traders have loss.its just because they don't know the project of coin if good future or not.
Most of the traders today are failing because they are all impatient, most of them tend to sell their coins at the lowest price when the market is dumping its price and from there they are losing a huge amount of their investments.
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