Topic: What are common mistakes and problems of the traders? - page 21. (Read 6988 times)
The main mistake is that they want too much money in too short periodo of time so they often lack the patience and could be mislead by wrong or incomplete information. Success in trading comes with time and experience and many traders just think how to get rich over night and not how to improve their skills. That often costs them money.
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.
In my view, the most common mistakes of these traders are always towards the crowd. It is a very misleading thinking for traders nowadays when they look at speculation / investing like gambling.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.
The worse thing is they never analyze the altcoin or ICO project they are about to invest. They just ask the experts to make a decision without review. That makes them forever poor and never rich.
Common traders' mistakes are:
- Buy a coin without reading announcement of thread, charts, news etc.
-all in
-panic buy / sell
-fomo
- easily instigated by people who shout 'buy now or cry later' then finally get stuck and can not rise again.
- Buy a coin without reading announcement of thread, charts, news etc.
-all in
-panic buy / sell
-fomo
- easily instigated by people who shout 'buy now or cry later' then finally get stuck and can not rise again.
for me the traders' mistakes are relatively the same, that is, they have difficulty in controlling their emotions and even always experience panic. it makes them easy to give up especially when they lose.
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 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.
It’s a very good question that you have asked this to the community. My answer would be based on my own opinion, so I am not good when it comes to altcoin trading. One of the common mistakes that the traders have is that they are “emotionally drowned” if the market crashes down. They do not see it as an opportunity, but rather a “regret”. They have to change their perspective by simply calling the bearish run as a buying opportunity to increase their portfolio and wait till the bull run season begins.
Just my two satoshis.
Basically the mistakes that people make now are exactly the types of mistakes I've made when I started trading.
So when you are new to trading you have no idea what to do. You just want to buy something, anything, and hope you make money.
But since you have no idea what candlesticks are, what technical analysis is you go and follow other people.
In my day it was Yahoo forums and it's basically the blind leading the blind.
Nobody knew what they were doing but the posted fake positions anyways and others would follow. It lead to stop losses and margin calls.
And I see the same thing being done today on the Bitmex Trollbox. People basically getting over leveraged following other people who are more or less guessing.
So when you are new to trading you have no idea what to do. You just want to buy something, anything, and hope you make money.
But since you have no idea what candlesticks are, what technical analysis is you go and follow other people.
In my day it was Yahoo forums and it's basically the blind leading the blind.
Nobody knew what they were doing but the posted fake positions anyways and others would follow. It lead to stop losses and margin calls.
And I see the same thing being done today on the Bitmex Trollbox. People basically getting over leveraged following other people who are more or less guessing.
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 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.
It’s a very good question that you have asked this to the community. My answer would be based on my own opinion, so I am not good when it comes to altcoin trading. One of the common mistakes that the traders have is that they are “emotionally drowned” if the market crashes down. They do not see it as an opportunity, but rather a “regret”. They have to change their perspective by simply calling the bearish run as a buying opportunity to increase their portfolio and wait till the bull run season begins.
Just my two satoshis.
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 think the most common thing that let newbie traders to lose is not having a good knowledge specifically in moving market. In addition, is the negative news that is big enough to make the market down. In this times the traders were so emotional and embarrassed on what happened to their investments tge more they hold for that day they keep on thinking to sell because they don't know what is truly going on. 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.
The worst mistake you can do with trading is that not learning from previous mistakes.
The number one problem of a trader here in crypto world is the lack of knowledge when it comes to trading and how the coins move in the market. Another one is lack of patience if they see the coins they bought are decreasing it's value they are begginging to panic which lead for them to sell their coins even if the lose from what their buying rate. Also lot of traders are too greedy when it comes to money and all they want is to earn instead they graudally losing their capital without them knowing because all their mentallity is money. So it you want to become a good trader you must erase all that qualities above in order to succeed.
I can enumerate some of the mistakes of problems that I myself have experienced since I am an trader but not pro 
1. Lack of patience
2. Emotion first before strategy
3. FOMO or Fear of Missing Out
1. Lack of patience
2. Emotion first before strategy
3. FOMO or Fear of Missing Out
Yep I can agree on all those, basically it comes to one thing where the market is controlling you not vice versa where you are using the market to take part in a trade on your own terms. Somehow even with this knowledge its hard to stick to your own defined terms of engagement. It really is better to just wait for your own opportunity then try and chase or enter in a bad way you are not actually comfortable with.
I would add over exposure, as a new trader try to learn with lower amounts. The gain being experience mostly, dont be driven just by the difference gained in your favour also the gain is increasing confidence and knowledge. All markets repeat themselves in various ways so its good to build up personal involvement not be overly committed immediately.
Errors of traders expect for the most part in psychology. The fact that he is not morally ready. He is subject to fear, greed and indecisiveness.
The rest is easier to learn
The rest is easier to learn
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 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 think the most common encountered problem is fear. Besides scam, I genuinely think it's fear. For newbies, not only here in forum but in trading, their common problem is fear. Fear of losing token/coin and fear of not getting something in return.
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.
One of the most common mistakes among traders is to be too greedy, they made a good trade and instead of taking their profits and look for another trade, they think that the market is going to keep going up indefinitely and that is simply impossible, then when the price begins to go down they refuse to sell thinking that the price is going to go up once again, and even in some cases they lose money with a trade that should have gave to them good profits, so the lesson here is to grab your profits whenever you have the opportunity to do so. 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 think common problem of traders are lack of strategies, they are not a take risker and they are fear to loose there money.
In trading you need to monitor the movement of market flow.
You need also to check carefully the site to avoid the scammer.
In trading you need to monitor the movement of market flow.
You need also to check carefully the site to avoid the scammer.
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?
The major problem every new user encounter is scams, do no look for doubling sites and shady sites to purchase your coins, always use exchanges, there are some exchanges that facilitate pump and dump coins and it will attract you by showing fake volumes and movements, make sure you identify those traps, understand the market flow and trade accordingly. Never plan to ride a rally when it has gone up considerably high, because you might get stuck for a while when the market crashes, always plan to invest when the market goes down and not the other way around. 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 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 think the commin mistake commited by traders is being afraid to take risks. All investments are risky and we all know that we can't gain anything if we are afraid and fearful to take risk. Traders are afraid to release something just to gain better. We must be brave enough to coonquer that fear.
The common mistake that traders do have are panic sell, not been able to control emotions, reacting to fake news easily which makes one end up selling at lost, not follow the one money management policy.
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.
We all know this thing that trading is not that much easy thing to do most of the people think of it to be and that the most common mistake which they make because of this misconception is that they jump into trading without even knowing anything about any of the crypto coin or anything related to that of trading. Other than this, loss of control over their emotions is also a main reason which result in loss of money for them. 
Trading mistakes are common and inevitable. As they say, a large part of “experience” is a result of learning from our mistakes. To be a successful and sustainable trader, it is not just important to analyse your performance, but also your feelings and behaviour patterns.
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