Topic: Trust you trading experience and don't panic - page 15. (Read 91980 times)
I think the experience of trading to be a good teacher to be successful in trading, and we must believe that the price will definitely rise again and true, if the price drops then there is no need to panic selling because it will only make us lose
yes I agree because the experience is the best teacher and you can learn from your experience you will know what to do when the price goes down, no need to panic, stay calm and patient
We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.
I agree so we must also trust our coins. As long as we are hodling a potential coin, we must confidently hodl it without any hesitations. Panicking won't help us so we must just trust our previous experiences in trading. Let's just be hopeful with crypto because the changes is just a part of it's votality.
This also requires a grade in knowledge, and skill in researching, because if you have made some research about the project, and you'll find out that this is trustworthy investment, you should keep the faith till the end.
We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.
That is right. I agree that there is no better basis to guide you in your ventures in this market better than experience. Although it is certain that to be successful in this market, one should check on many prevailig factors that might make or break one's investment, I think experience is still the best to consider. Once a person gains useful knowledge and experience, the actualness of such gains can sometimes overcome technical knowlege.
Yes, you can trust your trading skills when you already have enough experience, if you do not have a better enough experience to trade in small quantities, and panic is the cause of the later number of coin prices to knock. You hold the right coin. No need to panic it relative. Sometimes your experience is a little under different conditions, that's why people can not learn from their experiences instantly.
This is one of the biggest reasons of why people panic, if you buy a coin like bitcoin then you are not going to have any reason to panic which is why most of my money is invested in bitcoin, but the problem is if you invest in the coin which is at the 500 spot in the market cap and you do not know anything about it then the most likely outcome when the coin begins to go down is that you will panic and at that moment everything is lost since the chances you sell for a bad price are almost 100%.
It is good to have first a more knowledge in trading before you will start it. To panic when everytime you heard a negative news about crypto, and down of price in the market, will never help you to become a successful trader
In any case, each trader can have successful and unsuccessful moments. Everyone reacts to all these situations in his own way. Therefore, panic and discontent are always subject to man, and the whole thing is how exactly everyone copes with their emotions.
it is difficult at some point, i think that the best thing to do is just to follow some strategies and then you should try to make as much profit as you can while you are on a good market condition
Yes, you can trust your trading skills when you already have enough experience, if you do not have a better enough experience to trade in small quantities, and panic is the cause of the later number of coin prices to knock. You hold the right coin. No need to panic it relative. Sometimes your experience is a little under different conditions, that's why people can not learn from their experiences instantly.
This is one of the biggest reasons of why people panic, if you buy a coin like bitcoin then you are not going to have any reason to panic which is why most of my money is invested in bitcoin, but the problem is if you invest in the coin which is at the 500 spot in the market cap and you do not know anything about it then the most likely outcome when the coin begins to go down is that you will panic and at that moment everything is lost since the chances you sell for a bad price are almost 100%.Experience is useless in this freaking market. The only way to win is to play with big whale who can manipulate the market
Because your experience does not make you sure to get a better income. You will only blame someone else when you get a loss, whales will not affect the profit you get, the target that you plan before will make you stop and not be fooled by the way whales. So, stop telling us the experience useless for you, this is will only make you fooled by others. Yes, you can trust your trading skills when you already have enough experience, if you do not have a better enough experience to trade in small quantities, and panic is the cause of the later number of coin prices to knock. You hold the right coin. No need to panic it relative. Sometimes your experience is a little under different conditions, that's why people can not learn from their experiences instantly.
This is one of the biggest reasons of why people panic, if you buy a coin like bitcoin then you are not going to have any reason to panic which is why most of my money is invested in bitcoin, but the problem is if you invest in the coin which is at the 500 spot in the market cap and you do not know anything about it then the most likely outcome when the coin begins to go down is that you will panic and at that moment everything is lost since the chances you sell for a bad price are almost 100%.
Experience is useless in this freaking market. The only way to win is to play with big whale who can manipulate the market
We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.
You can't become successful trader if you can't trust yourself. It is true that you will always experience panic if you do not have self confidence. The first thing that you should do is to improve your patience and self confidence. It is peace that you can keep your money and not sell cheaply. But now a lot of unnecessary coins the price of which will never rise. So you can lose money.
Having self-confidence is something which is very much necessary as this will help you in having this much of the courage to make some good decisions and to take such kind of steps which can then help you in making of money. Other than that, you must keep on learning more things and that you should never stop doing that as this is something which will give you more chances of having a better earning. We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.
Its a big YES, if you are in trading, you can not really panic, because you know that's what's going to happen, it can go down and it can also increase, experience in trading is a good idea to wait.
Panic selling and cutting down losses are different things to both traders and usual holders/investors . A holder will panic sell if he thinks that a currency will take a leap due to some 3rd parties decisions , but will cut down losses if the market is speculated to go through a bearish state that might last longer than a trader can handle, as for holders/investors , they'll panic sell when hearing some FUD .
So traders should trust what they have learned and especially not repeat the same mistakes that their senior traders did , and all should be fine .
So traders should trust what they have learned and especially not repeat the same mistakes that their senior traders did , and all should be fine .
I agree and that’s exactly what I am doing. I don’t listen to negative things mentioned anymore because it sometimes can cause panic and once you panic, you think of selling your coins before it has no value anymore. So whenever the market is down, what I would do is just to check my porfolio maybe once or twice a werk because I intend to hold my coins for long term so there is also no need for me to check them everyday for an increase or whatnot.
Nowadays most of the people stars the trading. But people not understanding the trading process. So people get more lossing profit. So before start the any process. You learn the information how to work and process. It change the price any time. If price will be down buy and hold. It good future saving. If price will be low don't sell. Wait for the price increase then sell. Time is important of this process. So time to acct and complete the process.
It is difficult to be honest, sometimes you can trust on yourself but it is not the best thing to do mate, there are a lot of things that you need to study before jumping to the pool
Trading is as we know not easy task but if an experienced trader then you are will dentally make profits in the coming days. Don’t look at the current situation and make your decisions about the price to go down. maybe we can control it, but not everyone can control it. not everyone can learn from their experience, so it's only natural that they panic . Panic buying and selling is part of being a newbie in trading. One tends to be emotional when trading because it is an overwhelming feeling to start doing it but through experience and as time goes by, you will become familiar with that feeling and be able to control it so that you are level-headed when trading and not swayed by your emotions anymore
as traders we have to know the price and market of the crypto currency is always changing up and down so that when the price down we do not need to be panic and we should be able to learn from our own experience in trading
Trading is as we know not easy task but if an experienced trader then you are will dentally make profits in the coming days. Don’t look at the current situation and make your decisions about the price to go down. Day trader can make money even in this situation. Never give up and give as much time as you can to observe the market every moment. Jump to: