What are common mistakes and problems of the traders? - page 18.

denverangelo9

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Quote from: Kunlejoe0 on May 15, 2018, 01:04:22 AM

The most common mistake for trader are not the mistake you that happen to you outside of your plan and your chosen, the common mistake are the mistake that happen within. When you relyvon your emotion or become emotional in your trade, that is the greatest mistake you could make about trading!

true in trading we need to withhold our emotional, patience, and not panic.
and I also learn to unite it, so as not to easily panic, and make it a habit to buy when the price below.

Hazaki

full member

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I guess one of the most common problems that traders endure is getting emotional whenever they are having bad times or have made some mistakes or any kind of bad trades . Going all emotional won't do nothing but make things worse and they'll be watching their screens day and night trying to get that money back as if they were some gambler that lost all his money and is desperate to get it back by any means , and that's when they'll be doing more mistakes and taking more risks .. I have seen a lot of people fall for the emotions trap , and i you know you'll get emotional when things go wrong then trading is not for you .

inooll00

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Quote from: Muwatti on May 05, 2018, 08:28:37 PM

what was the common problems that encountered of an ordinary traders?

Bad news, maybe this is the biggest enemy of traders because this is what often makes red paint with so much.

Quote from: Muwatti on May 05, 2018, 08:28:37 PM

And what was the common mistakes had you ever experienced and how could you manage this problem and mistakes?

I do not think it's a mistake, but it's important lesson to look for other, better strategies.

The error here is what I mean when suffer a loss in trading, not a mistake because of loss of security..

Rodeo02

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avatar and signature space for rent !!!

Quote from: Kunlejoe0 on May 15, 2018, 01:04:22 AM

The most common mistake for trader are not the mistake you that happen to you outside of your plan and your chosen, the common mistake are the mistake that happen within. When you relyvon your emotion or become emotional in your trade, that is the greatest mistake you could make about trading!

by the moment that you can be able to be a panic person and for every moment that bitcoin may down for is you just make to b emotional and you decide some decision based on your emotion to be.

Kunlejoe0

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The most common mistake for trader are not the mistake you that happen to you outside of your plan and your chosen, the common mistake are the mistake that happen within. When you relyvon your emotion or become emotional in your trade, that is the greatest mistake you could make about trading!

poorgrammer

newbie

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getting too attached to your coin. the best traders cut their losses, and quick at that

Rizky Aditya

hero member

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Quote from: dev9t9ok on May 12, 2018, 02:52:54 PM

Risk and emotions are crucial problems of traders. You need to trade and you understand at once what I mean.
I was a trader but I understood fast that it needed to change something in the better way and I have become an investor. Investors's life is more quiet and profitable on the long term.

I learned a new thing today about the traders that is their response to the crash in the market. It is the response to the crash that determines their pursuit for the money in the crypto market. It the trader gets impatient and emotional and does not control his nerves, this leads to pessimism which is a problem. The common fault is the decision of whether to hold or sell.

Long term traders are normally very sharp in this case and make the right move in the right time. Those who do not follow this rule commit mistakes that lead to chaos.

GregH37

legendary

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Quote from: emberbekas on May 12, 2018, 03:53:52 PM

Quote from: Muwatti on May 05, 2018, 08:28:37 PM

Hello traders!

I am new here in this forum I don't have more knowledge about tradings, but I think maybe someday if I will given a chance to do trading I think I should try it. So I always read articles about tradings and also I read threads here in our forum about trading discussion. However I would like to ask all traders here that have more experiences about trading if what was the common problems that encountered of an ordinary traders? And what was the common mistakes had you ever experienced and how could you manage this problem and mistakes?

Can you share your thoughts and experiences about tradings.

Thank you in advance.

Panic is one of the common mistake that will come to most traders especially for newbie. They afraid of losing more money when they see the price movement is against them. Cut the loss usually will be taken when we are panic and frankly, that is the big mistake I've ever made.

When you become afraid of loss, panic comes out there. This one disease is solely responsible for disaster of hundreds and thousands of the lives. People always have been so weak in their hearts that they lose hope so early. While the trader must be so strong that he can be able to quit the negative vibes coming out of his mind. He must be controlling his mind with full power and pace.

matthewoz101

jr. member

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The most common mistake is trading with emotions and wishful thinking. Trading should be conducted by a plan based on evidence. That evidence can be from TA, news, etc. Sticking to the plan, rather than emotions should is the best strategy to trading in general.

In other words, trade reasonably and not emotionally. Taking profits also never hurts and you only lose when you decide to sell.

“Risk comes from not knowing what you are doing.” "The stock market is a device for transferring money from the impatient to the patient." - Warren Buffett

ufaiz50

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Usually traders do wrong with no strategy if what is in the wrong analysis, I mean is risk management. then for beginner traders often very emotionally or can not control themselves more impatient and I suggest to see more news than to see the market.

The_Dark_Knight

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Quote from: Muwatti on May 05, 2018, 08:28:37 PM

Hello traders!

I am new here in this forum I don't have more knowledge about tradings, but I think maybe someday if I will given a chance to do trading I think I should try it. So I always read articles about tradings and also I read threads here in our forum about trading discussion. However I would like to ask all traders here that have more experiences about trading if what was the common problems that encountered of an ordinary traders? And what was the common mistakes had you ever experienced and how could you manage this problem and mistakes?

Can you share your thoughts and experiences about tradings.

Thank you in advance.

Being too greedy is a very common problem that many traders have, it makes sense that you have some sort of desire to get more money, that is what pushes you to become a trader and there is nothing wrong with that, but some people take that too far and they become greedy, they are earning a huge amount of money and they refuse to close their position because they think they can earn even more and that is a mistake.

bitterguy28

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“FRX: Ferocious Alpha”

the common mistake of the trader's sometimes buy coins without final analysis if there possible to increase, can't control them their emotion most of trader's can't calm themselves in times of crisis because they didn't understand the fundamental how to become great trader's.

Ahiaba

full member

Activity: 447

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The common mistake that traders do have is not following money management policy which is very important in trading crypto currency and even Forex. And not ready to learn from one mistakes is another issue as trading crypto currency involve a lot of training before one should put in his or her money.

royale143

member

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Quote from: gandhe83 on May 05, 2018, 09:03:38 PM

Fear . I think this is the problem most traders encounter. And my self is like that, the time when I first invested I lost a lot because of this. And now I have improved it.

I agree, but on the other hand, I don't actually blame them. I say that because this market is just so hard to read that even seasoned and long-time traders just find it hard to infer how the market would unfold and so as its assets. Therefore, I think that the reality is that one should really be careful with his dealings because the fact of the matter is, even if sometimes, you prepared for your ventures, it can still be susceptible to going south because the market is just so volatile and unpredictable sometimes. Thus, to answer the question, I think the biggest mistake one can do is to just wing it and not prepare.

s0beit

sr. member

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Quote from: Muwatti on May 05, 2018, 08:28:37 PM

Hello traders!

I am new here in this forum I don't have more knowledge about tradings, but I think maybe someday if I will given a chance to do trading I think I should try it. So I always read articles about tradings and also I read threads here in our forum about trading discussion. However I would like to ask all traders here that have more experiences about trading if what was the common problems that encountered of an ordinary traders? And what was the common mistakes had you ever experienced and how could you manage this problem and mistakes?

Can you share your thoughts and experiences about tradings.

Thank you in advance.

As for me , being impatience is one of the common mistakes of traders nowadays. They are too weak to hold their holdings and that they do panic selling in an early time. Also , lack of knowledge and enough understanding about trading is also one of the common problems.

yesyes18

member

Activity: 546

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one thing I have realized to be common among traders is the thirst for greediness. Greediness is never a good characteristic of trading. You should always try as much as possible to be content with the little profit you get. Anyways for long term reasons, you can buy the coins and keep them at a sfae place for the future but for day trading, don't be greedy

hdclover

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www.bitcoin.org

Being a trader I also do this mistakes:
1. Playing with emotions.
2. Not booking profit at regular intervals.
3. Using bad platforms sometimes.

usekevin

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DGbet.fun - Crypto Sportsbook

Being a trader ,you should not allow the emotion to get into trading.It will be harmful,b y this you may lose the huge amount of money.Earning a money is not easy task now.So why don't you waste that by panic selling.Just hold it with some patience for your old age.

george888055

sr. member

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The main advice - avoid to jump on FOMO – fear of missing out. Sell on Euphoria and buy on Panic You can buy really cheap and sell really high. There will be times where you sell too soon but anyways

cryptothreads

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Quote from: Muwatti on May 05, 2018, 08:28:37 PM

Hello traders!

I am new here in this forum I don't have more knowledge about tradings, but I think maybe someday if I will given a chance to do trading I think I should try it. So I always read articles about tradings and also I read threads here in our forum about trading discussion. However I would like to ask all traders here that have more experiences about trading if what was the common problems that encountered of an ordinary traders? And what was the common mistakes had you ever experienced and how could you manage this problem and mistakes?

Can you share your thoughts and experiences about tradings.

Thank you in advance.

I have been working in the Crypto market for 2 years and are considered a professional trader. I've had some small and big mistakes.
The first thing to mention is patience. When I first traded, I set up a very good plan but I did not have the patience to make that long-term investment plan. I lost a lot because I decided to sell all the coins when the market went down.
The second thing to mention is laziness. I was very lazy to analyze altcoin and just wanted to follow the crowd. As a result I did not have much profit.
These are the necessities of a professional trader.

Topic: What are common mistakes and problems of the traders? - page 18. (Read 6988 times)