What kind of worst decisions do you take when trading? - page 6.

wahb

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Quote from: Silberman on June 13, 2017, 10:41:31 PM

Quote from: CROYA86 on June 10, 2017, 05:46:06 AM

If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

One of the worst mistakes you can make is, when holding long term and you to sell for a loss, I know that is difficult to hold when your investment is under water, but if you are really a long term holder then you need to do that and hold no matter what, you only materialize your losses when you sell so if you hold out then the chances the price goes up again are high.

yes that is a fact that most of the people do not have patient and they cannot wait for a long time to hold bitcoin. on other side most of the people do not have experience in trading and investment and when the the price start falling they cannot bare that and decide to get red form their bitcoin, even ready do book lost, very few people have the courage to hold bitcoin even in panic selling.

Silberman

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Quote from: CROYA86 on June 10, 2017, 05:46:06 AM

If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

One of the worst mistakes you can make is, when holding long term and you to sell for a loss, I know that is difficult to hold when your investment is under water, but if you are really a long term holder then you need to do that and hold no matter what, you only materialize your losses when you sell so if you hold out then the chances the price goes up again are high.

BunnyShibe

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Quote from: Dmitry.Vastov on June 12, 2017, 09:21:01 PM

It happens to me most of the time. I always buy an altcoin which is on it's peak. Then fall very deep after the pump. Some of traders attracted on pumping coins. Just like me. I always jump on peak. Thinking that i can make some $$$ in short period of time. Timing is very important when you want to trade.

that is just part of trading that some time you make good profit while other time we even lose money. we just need have good study about the market and where we are going to put our money, in fact some time. in fact no one can be perfect in this world. some this our calculation and our analysis proves as wrong and instead of making money we even book a big lost. and for me i also passed from such kind of situation for so many time. but still i am confident and hopeful that still i have good opportunities to make more and more profit.

RealPhotoshoper

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Quote from: ubercool on June 12, 2017, 10:35:01 AM

The worst decision was investing in some shitcoin on the suggestion of an old friend and hoping that it will skyrocket, later I came to know it was pumped artificially and those guys sold all their coins. Learned a very nice in that experience for some 200$. This is why I just doubt on every new ICO these days.

Yeaaa it must be the worst decision when you think you could earn a lot of profit by bought a dead shitcoin.
Only few people who successfully take benefit from the shitcoins and sometimes it could gives you %1000 percent profit.
But mostly just running away for exit scam , noone have to take that very big risk.

carriebee

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The worst decision I take when trading is an impulsive decision. Buying altcoin which is high at price that already took losing of btc. Also buying coin that peak its price, so many regrets but need to move on. And learn some good techniques in trading.

bitcoinisbest

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Did not had patience enough to hold some btc for longer period else it would have been a long term investment for future. But selling at a low price and now buying high is like a really bad scenario. But then you need to look forward and move on.

zidanw

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1xbit.com

Quote from: CROYA86 on June 10, 2017, 05:46:06 AM

If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

I have a problem about time, buy some potential altcoin for pump but at the time of pump I didn't choose login in exchanger because tired with activity in real world, that's my worst decision if I login at that time would be very profitable.

SaShiRaJaVu

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Quote from: Dmitry.Vastov on June 12, 2017, 09:21:01 PM

It happens to me most of the time. I always buy an altcoin which is on it's peak. Then fall very deep after the pump. Some of traders attracted on pumping coins. Just like me. I always jump on peak. Thinking that i can make some $$$ in short period of time. Timing is very important when you want to trade.

Trading is all about timing,if you miss that then you are going to get hurt real bad,never grab a coin when they are at their top and if you think you could make a profit by grabbing at the top then you should accept the fall too,take that as a learning experience and move on,there are plenty of ways to make good money if you know when to enter a particular coin.

Mapagmahal

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Quote from: CROYA86 on June 10, 2017, 05:46:06 AM

How did your trading experience make the worst decisions?

When i started trading way back in the past. I start first on my first trade and successfully bought it then when i visit again the next hours. The price drop and as a newbie, I panic then started selling the coin at low price that result in a loss. Then the price is back at the price when i bought the coin and suddenly go up. Thats leave my heart broken. haha

shamzblueworld

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I think so far the decisions that I regretted are selling too early. It has happened almost with all my trades, I've sold too early on the pump if I could have hold I would have earned more than 200%, but I got about 20-50% only.
Also in a few trades I have bought at the wrong time and the value has dropped so I was stuck with the investments and had to wait long time for the price increase again to make some profit.

freedomno1

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Learning the troll avoidance button :)

Quote from: CROYA86 on June 10, 2017, 05:46:06 AM

If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

Setting a limit thinking it was high enough only to see it get broken through when the market passed by when I was napping
It made me go what the fu damn eth.

Dmitry.Vastov

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It happens to me most of the time. I always buy an altcoin which is on it's peak. Then fall very deep after the pump. Some of traders attracted on pumping coins. Just like me. I always jump on peak. Thinking that i can make some $$$ in short period of time. Timing is very important when you want to trade.

Japinat

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Quote from: Hammonds on June 12, 2017, 05:31:07 PM

Just like you I also experienced it a few days ago, maybe because I am also new: D .. when I bought a coin at a high price and after 5 minutes I lost 40% and it seems it was a fatal mistake for me. When I hold it And wait 2 days the price down until now I lost about 70% price of the purchase price.

Your mistake is when you sold it at a lower price, you did not follow the basic rules in trading which is to buy low and sell high, in order for you be profitable, you need to have patience and wait for the right time to sell. Just recently I can relate my experience in this topic, I bought a coin which has been dumping for weeks and I thought I will lost my money but I manage to calm down and wait for the right timing, fortunately after waiting for years the price came back to what I expected, so I am happy now since I soled it with a profit.

Hammonds

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Just like you I also experienced it a few days ago, maybe because I am also new: D .. when I bought a coin at a high price and after 5 minutes I lost 40% and it seems it was a fatal mistake for me. When I hold it And wait 2 days the price down until now I lost about 70% price of the purchase price.

Termin4tor

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The worst decision I made in trading the time when I bunch of useless old coins, thinking that they will all rise up to a point where I will make outstanding profits. This was years ago when I was very new to trading. I had a misconception that all altcoins would rise in value as fast as bitcoin does right now.

MMysterious

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Bear season or just the beginning

The worst decision I have made when trading was when the coin was pumping and I didn't really know at first what to do with trading so I bought it at its peak price then in less than a minute it dumped hard and I panicked so I sold them and left me with half of the amount I bought it with. It was some experience indeed.

ubercool

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The worst decision was investing in some shitcoin on the suggestion of an old friend and hoping that it will skyrocket, later I came to know it was pumped artificially and those guys sold all their coins. Learned a very nice in that experience for some 200$. This is why I just doubt on every new ICO these days.

sana54210

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Quote from: CROYA86 on June 10, 2017, 05:46:06 AM

If I go wrong because it is still new in trading, when I was wrong to see and read the MACD chart should I sell instead of buying, I was buying high prices within 5 minutes direct price dropped dramatically.

How did your trading experience make the worst decisions?

Well it was some six months ago when I had a chance to invest in the Ripple and I did not invested at that time though I bought it later but then the price was quite high.

I am astonished that why was I behaving like that, why didn’t I buy it at the correct time when it was offering more profit ? I still think about it sometimes that what my strategy was at that time. But a factor that I was new in trading at that time.

gabbie2010

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Vave.com - Crypto Casino

The worst decision I took happened last year when I sold USD/JPY in for ex trading without putting a stop loss the moment I pulled trigger price reverses in opposite direction despite the fact that there was no news and wipe out my deposit fortunately for me the money lost was less than $100.

Singwala

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I accidentally click sell Grin

that's the worst thing I make.

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