Topic: Traders Stop Being Greedy. - page 13. (Read 2813 times)
It's been a long time issue and even if you call it out the enemy of the traders are themselves if they can't control their greed it's either they lose some or lose all their trades. That's why in trading you should not only practice how to trade properly but practice yourself psychologically too.
The fact is that we all trying our best to make sure making out a living will be easier for us which led me and you to engage in trading mostly we in the cryptospace, is moreorless of trial by error methods so whenever a new coin is bought is either we counted it to be at the ++ leading to being greed without adequate research and this mostly happens whenever such project announces to list in a reputable exchange or trading platform like Binance or any one else but without looking at the risk aspect of it.
We have to be mindful and keep pushing wisely
We have to be mindful and keep pushing wisely
remember trading is like a gamble you either gain or loose.
Do not trade with everything you have,your egg can not be save in one basket, I have lost but I have gained more in trading with the help of research and mentorship programs.
Do not trade with everything you have,your egg can not be save in one basket, I have lost but I have gained more in trading with the help of research and mentorship programs.
If trading is like gambling then you will not need research to gain your profit. It is not a gambling. You lead to learn like your have said that you got mentor that helped you. You also need to study your indicators which are very many depending on what you choose. You have to adopt trading pattern that you will rely on like using stoploss incase you are losing. You have to study your chats to understand the market direction. You know gambling don't have these type of technicalities and you don't have any particular direction to follow.
One of the reasons why traders loose money everyday in their trading is 'greed'. A trader will hear about a particular coins he wouldn't even do research or proper findings to know the future of the coins which he wants to trade his money on but rather the greed in the trader will push him to use all he has with the aim of making 4 or 5 times of his trading capital.
Traders are big risk takers so everyone should know what he or she is trading on so that when you loose which is normal, you will learn more.
No trader is perfect but mastering coins you trade on can help you, remember trading is like a gamble you either gain or loose.
Do not trade with everything you have, your egg can not be saved in one basket, I have lost but I have gained more in trading with the help of research and mentorship programs.
Well ordinarily all traders are out to make gains and if you must know that quest for profits makes the difference, greed is part and parcel of trading, and whenever there is a loss you know greed is at play, but then we can't say in all totality that traders jump on any new project with a hype without proper research about the possibility of future gains of just a pump and dump project. Traders are big risk takers so everyone should know what he or she is trading on so that when you loose which is normal, you will learn more.
No trader is perfect but mastering coins you trade on can help you, remember trading is like a gamble you either gain or loose.
Do not trade with everything you have, your egg can not be saved in one basket, I have lost but I have gained more in trading with the help of research and mentorship programs.
One of the reasons why traders loose money everyday in their trading is 'greed'. A trader will hear about a particular coins he wouldn't even do research or proper findings to know the future of the coins which he wants to trade his money on but rather the greed in the trader will push him to use all he has with the aim of making 4 or 5 times of his trading capital.
Traders are big risk takers so everyone should know what he or she is trading on so that when you loose which is normal, you will learn more.
Traders are big risk takers so everyone should know what he or she is trading on so that when you loose which is normal, you will learn more.
It's good for every trader to take greed into consideration while trading and to do wise by controling your greed,
Greediness when out of control can hurt your trading career even if with proper trading plans because
1.it keeps you in the market when you're supposed to be out.
2.You open trades when you should not trade.
3.It makes you to use large lots size or X leverage more than your capital etc.
When you still thought trading is a gambling, you're not completely understand what does trading is. In trading there's no one who have higher chance to earn profit, unlike gambling where the house have higher chance to win due to house edge. Although a whale could manipulate the market, but that depends on the coins you choose. Small volumes and centralized coins are more easier to manipulated rather than high volume and decentralized coin e.g. Bitcoin.
A huge majority of traders don't even know what they're doing in the first place outside of buying and selling based on news and people's opinions on current market sentiment, so telling them to stop being greedy is just as effective as trying to tell a gambler to stop gambling.
One of the reasons why traders loose money everyday in their trading is 'greed'. A trader will hear about a particular coins he wouldn't even do research or proper findings to know the future of the coins which he wants to trade his money on but rather the greed in the trader will push him to use all he has with the aim of making 4 or 5 times of his trading capital.
Traders are big risk takers so everyone should know what he or she is trading on so that when you loose which is normal, you will learn more.
Traders are big risk takers so everyone should know what he or she is trading on so that when you loose which is normal, you will learn more.
It's good for every trader to take greed into consideration while trading and to do wise by controling your greed,
Greediness when out of control can hurt your trading career even if with proper trading plans because
1.it keeps you in the market when you're supposed to be out.
2.You open trades when you should not trade.
3.It makes you to use large lots size or X leverage more than your capital etc.
It is like you are trading blindly and relying on your luck, the results more than likely would be catastrophe to your funds. Even if you are driven by your greed, it is always better to do some background check on the coin/s that you want to get involve with. You can also keep up with the updates and news from their social media channels because like it or not, you can read or feel some hints when you are reading the content of their social media channels. They won't disclose all but you will get a gist of what is going on that will give you idea on how to trade their coin.
At some point anyone can be moved by greed, but when you have learnt what the most important things are for you to do, then you would never fall for any sort of mistake, you would always know what to do and would likely avoid any problem ahead. So, the most important is having the skills and being aware of the right things and the methods to follow, there are methods that are meant to guide us in whatever that we are doing in the market, it’s really important.And also we should learn not to let our greed push us to making the wrong choice at any moment, even though it's normal that at some point humans can be pushed by greed, but we should have the ability to control ourselves.
One of the reasons why traders loose money everyday in their trading is 'greed'.
The thing is, it's also greed that lets traders earn money. It's that desire to want to earn, that want to profit big that lets traders be well, traders. It's actually not knowing what or how to place that greed properly in trying to earn, hence making them lose unnecessarily. Losing is a part of trading I wouldn't deny that, but losing money due to mistakes is not what trading is. If it can be avoided, then it's a mistake on the part of the trader, either due to carelessness or too much greed, and that would be the bad thing here, it's like overextending what you can actually approach. It might be good if you've been trading for a long time, but newbies should always play it safe imo. If you're a big risk taker hoping that you will gain profit without having knowledge and skills in trading it seems like you gamble your money in that way.
Being greedy traders isn't right, we should always have a stop-loss when we're in trading and forget about aiming for a high profit because IMO, I prefer to make a small but frequent profit.
Trading needs a lot of research, more analysis like technical and fundamental analysis, if you didn't have this, much better to choose the long term investment which is safe but it will surely make a profit, but the difference is, there's no time frame when you will get your profit, as long as you can patiently wait when the bull run comes.
Being greedy traders isn't right, we should always have a stop-loss when we're in trading and forget about aiming for a high profit because IMO, I prefer to make a small but frequent profit.
Trading needs a lot of research, more analysis like technical and fundamental analysis, if you didn't have this, much better to choose the long term investment which is safe but it will surely make a profit, but the difference is, there's no time frame when you will get your profit, as long as you can patiently wait when the bull run comes.
It is like you are trading blindly and relying on your luck, the results more than likely would be catastrophe to your funds. Even if you are driven by your greed, it is always better to do some background check on the coin/s that you want to get involve with. You can also keep up with the updates and news from their social media channels because like it or not, you can read or feel some hints when you are reading the content of their social media channels. They won't disclose all but you will get a gist of what is going on that will give you idea on how to trade their coin.
If you're a big risk taker hoping that you will gain profit without having knowledge and skills in trading it seems like you gamble your money in that way.
Being greedy traders isn't right, we should always have a stop-loss when we're in trading and forget about aiming for a high profit because IMO, I prefer to make a small but frequent profit.
Trading needs a lot of research, more analysis like technical and fundamental analysis, if you didn't have this, much better to choose the long term investment which is safe but it will surely make a profit, but the difference is, there's no time frame when you will get your profit, as long as you can patiently wait when the bull run comes.
Being greedy traders isn't right, we should always have a stop-loss when we're in trading and forget about aiming for a high profit because IMO, I prefer to make a small but frequent profit.
Trading needs a lot of research, more analysis like technical and fundamental analysis, if you didn't have this, much better to choose the long term investment which is safe but it will surely make a profit, but the difference is, there's no time frame when you will get your profit, as long as you can patiently wait when the bull run comes.
One of the reasons why traders loose money everyday in their trading is 'greed'. A trader will hear about a particular coins he wouldn't even do research or proper findings to know the future of the coins which he wants to trade his money on but rather the greed in the trader will push him to use all he has with the aim of making 4 or 5 times of his trading capital.
Traders are big risk takers so everyone should know what he or she is trading on so that when you loose which is normal, you will learn more.
No trader is perfect but mastering coins you trade on can help you, remember trading is like a gamble you either gain or loose.
Do not trade with everything you have,your egg can not be save in one basket, I have lost but I have gained more in trading with the help of research and mentorship programs.
People does not understand consciously via trading and online trading, no platform is hundred (%100) percent sure of long life span, i understand that from trading that immediately you make profit that is equivalent to the capital establishment in any kind of trading, i just want to let the beginner's to know that the happiness of trading is when you realize your capital and trade with your profit made. Cash out your profit and continue trading, greediness have made so many people to lost the capital because they waiting for accumulation of their profit Traders are big risk takers so everyone should know what he or she is trading on so that when you loose which is normal, you will learn more.
No trader is perfect but mastering coins you trade on can help you, remember trading is like a gamble you either gain or loose.
Do not trade with everything you have,your egg can not be save in one basket, I have lost but I have gained more in trading with the help of research and mentorship programs.
Those who are not doing any analysis are not a trader at all, they most likely a buyer and seller with no trading experience at all. Its ok to be greedy but have that trades using your own strategy and analyze the price trend first, usually traders don’t buy new tokens they wait for the trend to appear before buying. Being greedy is too risky, it can cost you a lot if you do it carelessly, have some time to reflect before buying anything, this is cryptomarket and this market is very risky and too volatile.
One of the reasons why traders loose money everyday in their trading is 'greed'.
beside greed,they also have no skill to put they order in market. by analizing chart and set money management such as stop loss or any thing else it could avoid us from lossing money .greed maybe happen for whom have profits in their trades but still expecting more till price fallen and profits become loss. having big position and didnt applied money management also be why reason why alot traders liquidate.
One of the reasons why traders loose money everyday in their trading is 'greed'. A trader will hear about a particular coins he wouldn't even do research or proper findings to know the future of the coins which he wants to trade his money on but rather the greed in the trader will push him to use all he has with the aim of making 4 or 5 times of his trading capital.
Traders are big risk takers so everyone should know what he or she is trading on so that when you loose which is normal, you will learn more.
No trader is perfect but mastering coins you trade on can help you, remember trading is like a gamble you either gain or loose.
Do not trade with everything you have,your egg can not be save in one basket, I have lost but I have gained more in trading with the help of research and mentorship programs.
We cant even deny the truth that when we are still a noob then we do really have thoughts that we could really make ourselves get rich easily with this type of career which it do ends up for you to makeTraders are big risk takers so everyone should know what he or she is trading on so that when you loose which is normal, you will learn more.
No trader is perfect but mastering coins you trade on can help you, remember trading is like a gamble you either gain or loose.
Do not trade with everything you have,your egg can not be save in one basket, I have lost but I have gained more in trading with the help of research and mentorship programs.
big position trading kind of behavior on where you do act just like a gambler on where you do go all in with your trades.Once you do end up on getting wrekt then this is where you do make out self realizations
that you are dealing on something which cant really be handled out easily but well thats how people do have start up impression.
your egg can not be save in one basket
The meaning of the saying that is often spoken for crypto traders who have experienced failures and losses to achieve success.I admit choosing some crypto assets to trade is a good step, if they know it, to achieve a level of success in trading, understanding, Learning the basics of crypto is one of the main capitals for achieving success.
The main thing is:
• If a person does not have a well-thought-out plan and knowledge, they will have initial difficulties in trading, volatility and risk are the biggest factors that can affect crypto assets wanting to trade.
• Never target profits above your ability if you want to trade, if your trading skills and knowledge are limited, do the profit target according to your ability, it's better, get rid of the delusional nature, if only in trading.
• Leave greed, as you say and ambition to take big profits, trading with small risks is a step that must be done it is the best choice.
• And one more thing to pay attention to in trading, understand when to buy and sell about the type of crypto you are trading and don't ever hesitate if you feel sure it's the right time to buy and sell.
One of the reasons why traders loose money everyday in their trading is 'greed'. A trader will hear about a particular coins he wouldn't even do research or proper findings to know the future of the coins which he wants to trade his money on but rather the greed in the trader will push him to use all he has with the aim of making 4 or 5 times of his trading capital.
Traders are big risk takers so everyone should know what he or she is trading on so that when you loose which is normal, you will learn more.
No trader is perfect but mastering coins you trade on can help you, remember trading is like a gamble you either gain or loose.
Do not trade with everything you have,your egg can not be save in one basket, I have lost but I have gained more in trading with the help of research and mentorship programs.
In my opinion what most traders lack is a decent risk assessment strategy, basically they only think of what will happen if the trade they make brings them benefits, but they never stop to think about the consequences of their trade going against them.Traders are big risk takers so everyone should know what he or she is trading on so that when you loose which is normal, you will learn more.
No trader is perfect but mastering coins you trade on can help you, remember trading is like a gamble you either gain or loose.
Do not trade with everything you have,your egg can not be save in one basket, I have lost but I have gained more in trading with the help of research and mentorship programs.
This is why they keep investing in useless projects which they know have no long term future as they want to obtain massive profits with their trades, but if they actually considered the risk they are taking against the chances of actually reaching their desired scenario then they would realize the huge mistake they are making.
One of the reasons why traders loose money everyday in their trading is 'greed'. A trader will hear about a particular coins he wouldn't even do research or proper findings to know the future of the coins which he wants to trade his money on but rather the greed in the trader will push him to use all he has with the aim of making 4 or 5 times of his trading capital.
Traders are big risk takers so everyone should know what he or she is trading on so that when you loose which is normal, you will learn more.
No trader is perfect but mastering coins you trade on can help you, remember trading is like a gamble you either gain or loose.
Do not trade with everything you have,your egg can not be save in one basket, I have lost but I have gained more in trading with the help of research and mentorship programs.
Traders are big risk takers so everyone should know what he or she is trading on so that when you loose which is normal, you will learn more.
No trader is perfect but mastering coins you trade on can help you, remember trading is like a gamble you either gain or loose.
Do not trade with everything you have,your egg can not be save in one basket, I have lost but I have gained more in trading with the help of research and mentorship programs.
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