The most common mistake and problem commited by the traders is that, they think that risk management isn't important. We are all guilty that sometimes, we made a decision wherein we can't accept that we made a wrong decision. We tend to believe that our wrong decision could be covered by time since the market could move in favor of you which can take years. The neglection of your wrong decision causes more losses to your portfolio. Thus, the game plan should be implemented no matter what happen.
Agree, almost everyone doesn't like loss and failure, the common mentality is to want to succeed continuously and make money, not to see the losses but unfortunately, this market is not perfect and so good, it is always a series of challenges and forces investors to mature if they want to overcome. And here, if they don't accept they are wrong, they don't accept they have lost in their calculations, they will fail, a very common problem, persevering in despair and not cutting losses early, many profound lessons but few people understand 
Topic: What are common mistakes and problems of the traders? - page 2. (Read 6988 times)
The most common mistake and problem commited by the traders is that, they think that risk management isn't important. We are all guilty that sometimes, we made a decision wherein we can't accept that we made a wrong decision. We tend to believe that our wrong decision could be covered by time since the market could move in favor of you which can take years. The neglection of your wrong decision causes more losses to your portfolio. Thus, the game plan should be implemented no matter what happen.
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.
Add the GREED emotions in trading. If we fall for any FOMO,it will destroy our trading plan and strategies. We have to be confident enough and be courageous when entering such trades. If we are able to build knowledge within ourselves, we will be confident enough to do some tradings
What's happening with MPCX's IEO? 3 different crowd sales concurrently? (OOOBTC, MPCX's site, ProBit)
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.
Add the GREED emotions in trading. If we fall for any FOMO,it will destroy our trading plan and strategies. We have to be confident enough and be courageous when entering such trades. If we are able to build knowledge within ourselves, we will be confident enough to do some tradings
Never be in a hurry, even when you are involved in day trading. You should take all the decisions only when you are sure you are not making a mistake.
For day trading its very important to remain ready for any kind of situation you will have to keep your eyes on market. Buy for low and sell high after that hold but trade for long term people mostly sell at low trade for day which is not good. I suggest all new traders to increase your knowledge and keep trading for long term so it’s not harmful for new and old traders. 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.
What about fear?i dont get the idea on that answer mate since you didn’t elaborate your concern,afraid in losing thats why selling to cut loss?that means panicking though Maybe the best reason why traders fails because of greediness,always looking for higher profit and ending to being dumped of the coin he bought
Contentment is one good key if you want to succeed in trading,take the small profit and dont look for huge income
greedy, sometimes taking small profits is better than waiting too long but then prices fall and make you lose
I think the common mistakes of novice traders include impatience and the desire to quickly withdraw money from the case.
anyone is getting great pressure due to the current market situation. I think it is part of the strategy and holding back is not necessarily a good decision.at least selling is the biggest strategy to reduce bigger losses.
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.
What about fear?i dont get the idea on that answer mate since you didn’t elaborate your concern,afraid in losing thats why selling to cut loss?that means panicking though Maybe the best reason why traders fails because of greediness,always looking for higher profit and ending to being dumped of the coin he bought
Contentment is one good key if you want to succeed in trading,take the small profit and dont look for huge income
The main problem that I was found in the most of the traders is to be more quick for taking bad decision and lazy when to take the good decision it will be only came from us we can change it with your experience then only you can do the professional way to handle the trading for making money easily.
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.
What about fear?i dont get the idea on that answer mate since you didn’t elaborate your concern,afraid in losing thats why selling to cut loss?that means panicking though Maybe the best reason why traders fails because of greediness,always looking for higher profit and ending to being dumped of the coin he bought
Contentment is one good key if you want to succeed in trading,take the small profit and dont look for huge income
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.
What about fear?i dont get the idea on that answer mate since you didn’t elaborate your concern,afraid in losing thats why selling to cut loss?that means panicking though Maybe the best reason why traders fails because of greediness,always looking for higher profit and ending to being dumped of the coin he bought
Contentment is one good key if you want to succeed in trading,take the small profit and dont look for huge income
Never be in a hurry, even when you are involved in day trading. You should take all the decisions only when you are sure you are not making a mistake.
there are tons of mistakes new traders do but gaining experience then only we know that mistakes and we must correct it
Too quick to make decisions that are influenced by feelings fear of losing more money when the market is in a downtrend. Excessive emotions will have an impact on the final results of our trading activities. we should hold on to a plan that we have made well in advance.
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.
Stress because they dont have to do there self if they tired or so what ever thats the one of the problem of traders or in all work because it is a problem to them so that we should understand if they are stress because all work is not easy all work have a Hard in our self. 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.
Sometimes traders makes so many mistakes and then encounter problems Midway. Some of the common mistakes that traders face are Greediness, fomo, trading without system. These are some of the mistakes that traders makes.
usually the mistakes that occur with these traders are that they cannot control the patience they have and it is very easy to be affected by bad news so that they will only get losses when making same mistakes repeatedly.
One very common mistake that I see among day traders is that they do not calculate how much the exchange fees are going to eat their profits, it may seem like the fees are small and are not a big deal but over time the fees of the exchange and the spread are going to be the biggest obstacle to become a profitable trader and that is a barrier that very few are able to overcome.
As for me the most common thing is going for trading without good experience and knowledge, that's always extremely risky and usually results in serious losses.
The most gross errors are that as soon as a novice trader notices a drop in the price of the invested currency, he begins to panic and sell it.
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