To trade we have to allocate the capital which is not important to us in the next six months atleast or else we can't trade at all according to our analysis.
Better sell the gains instead of capital from time to time since there won't be mich issue for tax paying since we are talking about the people who use the capital for trade as well as their daily needs.
Topic: Understanding how the market tricks you and how to prepare against such tricks. (Read 515 times)
August 24, 2021, 03:03:46 AM
August 23, 2021, 05:33:34 PM
It's true that trading and getting results takes time and effort. we must be able to understand and analyze the market well. besides that we also have to be able to control emotions more in this ups and downs crypto market. It's true that we shouldn't be greedy and rush to get big profits if we don't really understand trading. Besides that, don't panic too easily when the market is down drastically because it's time for us to hold coins instead of selling them, selling them will make the market more chaotic and we can also experience big losses.
August 23, 2021, 05:09:50 PM
Dam, this is so true man. I have experienced such things all the time. Whenever I needed money for some emergencies I have withdrawn my bitcoin's literally at the rates higher than at what I bought them OR got paid from the signature campaigns. That's really funny one why that happens. It may be not a trick, but I think it's our emotional attachment with the bitcoin and how we hold it. There are many peeps who keep holding no matter what the price is. They don't care if the market is ATH or not. They just keep buying more and more so that they can average the profits and keep all the investments safe & separate from the money which they need.
For example, they would spend only money which is not needed by them in any emergencies. This means there is never a point where they need to sell their bitcoin or other investments. So they are safe all the time.
If this happens to you often then that most of the time means that you have too much money invested in bitcoin, I know that this is going to sound kind of blasphemous since we are always hearing in the forum to put all the money that you can in bitcoin, but you need and emergency fund in the case and emergency happen and you need money immediately, now sometimes even those funds are not going to be enough and you will still have to sell your bitcoin but it will be less than you would need otherwise, and the most important you can use that emergency fund immediately instead of having to wait to sell your bitcoin and then receive your fiat in your bank account, something that can take a few days to actually happen. For example, they would spend only money which is not needed by them in any emergencies. This means there is never a point where they need to sell their bitcoin or other investments. So they are safe all the time.
August 21, 2021, 05:24:12 AM
The market always has some tricks to throw at you, that's why we're advice to understand the market very well before wanting to earn from it or you'll lose.
Are you running any business related to advising traders? I am not just clear about whom you are referring to. Who are all there to advice to traders? You mean this community and your topics kind of things? If so, I am sorry; this kind of advises may not serve all its purposes because traders will read these and will understand but will forget these while trading which means what they learn from their own mistakes might be alone helping them to avoid future mistakes.You can avoid been in such situations by simply listening to the advice
Again? If anyone not knowing of these basics of trading then they are all not at all fit for entering into crypto trading. So, advises will not protect you from market tricks but you must need your own experiences to tackle all kind of market situations. 
August 21, 2021, 04:27:16 AM
Most of the time greed is not working for the trader or even i can say all the time, because greed in trading can lead you to loss. If you can get profit even it is small though, you should get it but even you are greedy and want more and more . As a result there will be more chances for losing that money.
Yes, greed will lead you to be late to take your profit which you have already seen before, because you want more profit but that will not always work as you want. Once you become greedy, you can not see how long the price has already increased and need to adjust and make a correction. And when the price starts going down, sometimes the price goes down deeper, makes you panic and sell at a low price, lower than the profit you should take before. That will make you regret making a wrong decision.Every human being has greed, so many traders repeat the same mistakes over and over again. because he couldn't control his greed. To be able
to control our greed, it is not easy, discipline is needed in carrying out the plans that we have prepared. For traders who execute every plan well,
usually already able to control emotions when trading. So they can make the right decisions and usually will not miss taking profit, if the coins that
are hold have reached the desired target.
August 21, 2021, 03:56:05 AM
Dam, this is so true man. I have experienced such things all the time. Whenever I needed money for some emergencies I have withdrawn my bitcoin's literally at the rates higher than at what I bought them OR got paid from the signature campaigns. That's really funny one why that happens. It may be not a trick, but I think it's our emotional attachment with the bitcoin and how we hold it. There are many peeps who keep holding no matter what the price is. They don't care if the market is ATH or not. They just keep buying more and more so that they can average the profits and keep all the investments safe & separate from the money which they need.
For example, they would spend only money which is not needed by them in any emergencies. This means there is never a point where they need to sell their bitcoin or other investments. So they are safe all the time.
For example, they would spend only money which is not needed by them in any emergencies. This means there is never a point where they need to sell their bitcoin or other investments. So they are safe all the time.
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August 21, 2021, 12:58:38 AM
Most of the time greed is not working for the trader or even i can say all the time, because greed in trading can lead you to loss. If you can get profit even it is small though, you should get it but even you are greedy and want more and more . As a result there will be more chances for losing that money.
Yes, greed will lead you to be late to take your profit which you have already seen before, because you want more profit but that will not always work as you want. Once you become greedy, you can not see how long the price has already increased and need to adjust and make a correction. And when the price starts going down, sometimes the price goes down deeper, makes you panic and sell at a low price, lower than the profit you should take before. That will make you regret making a wrong decision. 
August 20, 2021, 11:12:05 PM
Trading without emotions was impossible, we still have that as a human being because it won't happen if you don't use your mind to decide on things you wanted to do. If you're thinking we've been tricked by the market, I guess it was just an alibi for us because we have no proper knowledge. To avoid that idea, we should be facing reality and accept our weaknesses.
those who think it's a hoax are just alibi because they lost with their own emotions. Every human being is equipped with emotions and that cannot be denied. Accepting the weaknesses in us can make us reconcile and can continue to grow and will not get stuck in that 1 problem. Trading psychology will continue to be trained when we face problems in trading. There are no market tricks, it's just that we have to be stronger and be able to adapt to the market. August 20, 2021, 03:45:50 PM
The market prices moving up and down are part of the volatility and it is on us the 'traders' to make sure that we do not mix in our feelings when it comes to trading.
I understand this is easier said than done but once awareness is there we can take action. Yes, prices will move this is inevitable and without a sound plan you can cash out when there's 1% drop (and then see it rise again) or go in bigger to get more profit only to marginalise profit overall. Without a clear goal all of this can happen, and it is all a matter of acting as soon as we realise we are better off leaving the market for a little while.
It is basically this "thing" that you get eventually, it is like you got water in your ear and no matter how hard you try you can't get it out, you try everything you can think of and it doesn't work, and then a few hours later when you totally gave up already, it suddenly pops and there is this amazing feeling.I understand this is easier said than done but once awareness is there we can take action. Yes, prices will move this is inevitable and without a sound plan you can cash out when there's 1% drop (and then see it rise again) or go in bigger to get more profit only to marginalise profit overall. Without a clear goal all of this can happen, and it is all a matter of acting as soon as we realise we are better off leaving the market for a little while.
Same with trading and being ready for everything, you do everything you should and it still doesn't work, I am not good with numbers neither so that makes things horrible as well, then suddenly I got it one day, I just got it, it worked so well and ever since that day I understand what I have to do, it was out of nowhere and unexpected but it totally worked. This is why I believe we should always work hard until it works for us, I mean if you do not want to you can give up, that is always an option, but if you want to yet can't then do not give up it will work one day.
August 19, 2021, 04:35:40 AM
Most of the time greed is not working for the trader or even i can say all the time, because greed in trading can lead you to loss. If you can get profit even it is small though, you should get it but even you are greedy and want more and more . As a result there will be more chances for losing that money.
August 18, 2021, 08:33:21 AM
Trading without emotions was impossible, we still have that as a human being because it won't happen if you don't use your mind to decide on things you wanted to do. If you're thinking we've been tricked by the market, I guess it was just an alibi for us because we have no proper knowledge. To avoid that idea, we should be facing reality and accept our weaknesses.
those who think it's a hoax are just alibi because they lost with their own emotions. Every human being is equipped with emotions and that cannot be denied. Accepting the weaknesses in us can make us reconcile and can continue to grow and will not get stuck in that 1 problem. Trading psychology will continue to be trained when we face problems in trading. There are no market tricks, it's just that we have to be stronger and be able to adapt to the market. August 18, 2021, 01:30:25 AM
We cannot see the future. But we predict the market. And it is not sure that the market will dump or not. Because there are so many whales that are controlling the market. And i think their is no trick to watch the future of upcoming market. We can only predict it on the basis of fundamental analysis and technical analysis. But it is just an predict it is not 100% sure that our prediction is correct.
Yeah the predictions aren't 100% accurate most of the times but if it's well analyzed can be 80-90% accurate and some times we might even hit our target profit this is where decipline is required to take profit and look out for another profitable set - up to trade. This why a good trader will tell if the analysis is right stick to your trade it will always revert back to give you profit but always apply stop-loss to limit your loss in case you see otherwise 
August 18, 2021, 01:06:44 AM
The market prices moving up and down are part of the volatility and it is on us the 'traders' to make sure that we do not mix in our feelings when it comes to trading.
I understand this is easier said than done but once awareness is there we can take action. Yes, prices will move this is inevitable and without a sound plan you can cash out when there's 1% drop (and then see it rise again) or go in bigger to get more profit only to marginalise profit overall. Without a clear goal all of this can happen, and it is all a matter of acting as soon as we realise we are better off leaving the market for a little while.
It is basically this "thing" that you get eventually, it is like you got water in your ear and no matter how hard you try you can't get it out, you try everything you can think of and it doesn't work, and then a few hours later when you totally gave up already, it suddenly pops and there is this amazing feeling.I understand this is easier said than done but once awareness is there we can take action. Yes, prices will move this is inevitable and without a sound plan you can cash out when there's 1% drop (and then see it rise again) or go in bigger to get more profit only to marginalise profit overall. Without a clear goal all of this can happen, and it is all a matter of acting as soon as we realise we are better off leaving the market for a little while.
Same with trading and being ready for everything, you do everything you should and it still doesn't work, I am not good with numbers neither so that makes things horrible as well, then suddenly I got it one day, I just got it, it worked so well and ever since that day I understand what I have to do, it was out of nowhere and unexpected but it totally worked. This is why I believe we should always work hard until it works for us, I mean if you do not want to you can give up, that is always an option, but if you want to yet can't then do not give up it will work one day.
August 17, 2021, 04:21:27 PM
The market plays so much with our emotions, the more we learn to trade without our emotions the better for us, and also don't just trade without a strategy, it's very easy to place a trade Buh determining the take profit becomes the issue, I think it's better to set a target and once you hit your target close the trade and never look back because sometimes the market might be decietful.
Trading without emotions was impossible, we still have that as a human being because it won't happen if you don't use your mind to decide on things you wanted to do. If you're thinking we've been tricked by the market, I guess it was just an alibi for us because we have no proper knowledge. To avoid that idea, we should be facing reality and accept our weaknesses.
This market is way too unpredictable and cant really be known on what are the things that would happen in upcoming days and its just right that you would really be preparing yourself into something which is unknown.
For you to able to sustain into this market then it would be just normal that you should be finding ways on how to make yourself effective into this market.
August 17, 2021, 04:13:09 PM
The market plays so much with our emotions, the more we learn to trade without our emotions the better for us, and also don't just trade without a strategy, it's very easy to place a trade Buh determining the take profit becomes the issue, I think it's better to set a target and once you hit your target close the trade and never look back because sometimes the market might be decietful.
Having a strategy from which you never deviate from is to me the most effective way to avoid this, losing money makes us emotional so I can understand people feeling really badly when they let their emotions get the best out of them and they lose a lot of money, but this can be easily avoided as long as you are willing to follow your strategy even when there is panic in the markets, now I know this is hard to do but it has to be done if we want to avoid losing money. August 17, 2021, 10:10:53 AM
The market prices moving up and down are part of the volatility and it is on us the 'traders' to make sure that we do not mix in our feelings when it comes to trading.
I understand this is easier said than done but once awareness is there we can take action. Yes, prices will move this is inevitable and without a sound plan you can cash out when there's 1% drop (and then see it rise again) or go in bigger to get more profit only to marginalise profit overall. Without a clear goal all of this can happen, and it is all a matter of acting as soon as we realise we are better off leaving the market for a little while.
I understand this is easier said than done but once awareness is there we can take action. Yes, prices will move this is inevitable and without a sound plan you can cash out when there's 1% drop (and then see it rise again) or go in bigger to get more profit only to marginalise profit overall. Without a clear goal all of this can happen, and it is all a matter of acting as soon as we realise we are better off leaving the market for a little while.
August 17, 2021, 09:41:48 AM
The market plays so much with our emotions, the more we learn to trade without our emotions the better for us, and also don't just trade without a strategy, it's very easy to place a trade Buh determining the take profit becomes the issue, I think it's better to set a target and once you hit your target close the trade and never look back because sometimes the market might be decietful.
Trading without emotions was impossible, we still have that as a human being because it won't happen if you don't use your mind to decide on things you wanted to do. If you're thinking we've been tricked by the market, I guess it was just an alibi for us because we have no proper knowledge. To avoid that idea, we should be facing reality and accept our weaknesses.
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August 17, 2021, 02:20:45 AM
The market plays so much with our emotions, the more we learn to trade without our emotions the better for us, and also don't just trade without a strategy, it's very easy to place a trade Buh determining the take profit becomes the issue, I think it's better to set a target and once you hit your target close the trade and never look back because sometimes the market might be decietful.
Taking profit shoudn't be an issue if you already have a trading plan before entering a trade and we're all advice to have one to avoid scenario like what you just said above. You should know your entry points, profit taking point depending depending on how many times you want to take profit or just a one time profit taking. Knowing all this will help you have a successful trade free from emotions.
Sticking to your trading strategy is very important but you should also be flexible in the sense that if there's a change in market direction you should adject to adapt to it. You can't continue been in a trade that isn't profiting you just because you're told sticking to trading plan is important. If the market is heading towards a bearish one then you should adjust to that but wait for a confirmation to avoid been tricked by the market.
In regards to not looking back at your trades, I understand it's a cautious advice to avoid regrets but still each trade has a lesson to teach so maybe looking back to learn form a trade be it a successful or not can do no harm provided you can keep you our emotions in check to avoid it wrongly influencing your future calls.
August 15, 2021, 05:43:13 PM
The market plays so much with our emotions, the more we learn to trade without our emotions the better for us, and also don't just trade without a strategy, it's very easy to place a trade Buh determining the take profit becomes the issue, I think it's better to set a target and once you hit your target close the trade and never look back because sometimes the market might be decietful.
Trading without emotions was impossible, we still have that as a human being because it won't happen if you don't use your mind to decide on things you wanted to do. If you're thinking we've been tricked by the market, I guess it was just an alibi for us because we have no proper knowledge. To avoid that idea, we should be facing reality and accept our weaknesses.
August 15, 2021, 04:55:01 PM
The market plays so much with our emotions, the more we learn to trade without our emotions the better for us, and also don't just trade without a strategy, it's very easy to place a trade Buh determining the take profit becomes the issue, I think it's better to set a target and once you hit your target close the trade and never look back because sometimes the market might be decietful.
Due to market movements then you would really be having that kind of emotion which is something impulsive and really wary towards your decisions.I dont believe on tricks because everything is random.
With experience you could able to handle up yourself and able to sustain for long term even though trades arent perfect but at least you do already have the idea on how this market works.
You dont need tricks but rather perseverance and persistence towards your trades.Market is unpredictable and if you wont really be serious on it then expect more losses.
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