Topic: Why did I lose on trade ?? - page 14. (Read 2430 times)

Buddy, you choose the wrong time to trade buddy. If you penetrate after 5 minutes in decreases of the value than I'm sorry to say that you are not fitted for the trading. Value of every money keeps changing constantly in every seconds. And it's not the same in every places. Moreover, I think you are very unlucky. Better luck next time.

What you attempted there forex traders call ''scalping'', or buying high volume of product and waiting for a small price move to sell and get quick small % profit, unfortunately on CEX exchange the way you executed the trade it did not work.
Firstly you are looking at the price on livecoinwatch most likely in USD. You were buying in EUR. There is additional EUR/USD movement which can affect your price.
Then you bought at market price or placed a market order. That means exchange would just fill your order at whatever best price is available splitting the order to whatever amounts sellers were offering, that would cost additional fees. Then again when you decided to sell, instead of looking at the price on CEX you used the livecoin price, which was probably also average price. Exchanges might have different prices altogether, again you sold at market, exchange filled the order at whatever buyers were willing to pay at that moment. It is better to sell using a limit order if you wish to achieve certain price. Spread between buy/sell on CEX was high, maybe also look at other exchanges.
Scalping does not work with ETH as the fees are high at the moment, it is better to trade more long term to get a better % price increase, Follow daily and hourly charts and not short time period charts, if you are worried about loosing your 4000 EUR then you should probably invest smaller amounts. If you held until today you would have come out with +100% profit.

Maybe you have wrong definition with trading. The trading is about how to get reward with the difference between the purchase and sale price. The key is we buy when it's cheap and sell it when it's higher. From your explanation, you say that when the price is higher 10-20%, this is a wrong step. And do not forget, every trading activity requires FEE.

Even if all the whales cash out their investment still we won't lose in trading if we won't sell it at low price, let us just have our own strategy which is to buy at low price and sell at high price, stick to it and eventually you will get the logic of trading and will never lose unless that certain coins is already dead so think twice which coin you really want to invest at.

It is reverse in the amount or thr current value of bitcoina even the coin was pump but you're in the usd basis on price you won in satoshi amount but in usd price it drops as the btc price dumps.

You should keep an eye on the statistic of the coin if it is falling down. What you did is panic selling because you thought price will fall and will never increase again but it did increase again, so don't panic selling again if you saw the price going down just wait for it.

Yeah sometimes when you think with that way you would see the dark sides of trading itself where the money making process there feel like the way gambling gives you a lost and winning. Pretty evil and dirty business, but actually I have to disagree with it due the market growth should be enough as a proof it's not work like that.

typical scenario when some whales is taking profit on a specific coin.. u can see on the candle an inch of a wick

For me because of panic selling and check always coin martketcap firt befor you trade or buy a coin would you like.

Panic is the most common reason as you said and it's because they are experienced and they are scared that they will lose if they will not cut their losses. I myself was a panic seller before and many times I committed it before learning from that mistake. Now I'm calculating those bitcoins that I have sold for a very cheap amount and it's like a loss to me forever, however I have to learn from it.

We usually lose in trading when we are not patient enough to wait for the price to get back up again. I would suggest for you to be more patient and be more mindful about making drastic decisions that could potentially make you regret later. Remember it is better to wait than to have nothing at all in return.

Striking these coins which grows up to 10 and 15 times a month), and sometimes a few weeks) and just as quickly fall(((

You are right! Glad that now a lot of information has become a currency! And many video tutorials in YouTube. But the rest need more practice! And strong nerves!

That is the result of price volatility but as long as you will never sell your coins for a loss you can stay and hold.
If you want to be making profit regularly you need to be fair to yourself, develop yourself and always feed it with fresh information that is vital in your trading, when you lack the necessary knowledge you cannot expect to have the success in trading.

Price may vary every hour or every minute, it also vary every Exchange platform, so it will be a lesson on that experience, dont just sell if you saw the price going low, have faith on what you trtade and sell if you can make a profit on it. always be mindful on your trading

True,  the price of a coin in trading is very important. It is the very first thing that we should observe from time to time.

Probably you are just looking at the rates, this is crypto and volatility is the key here, if you want to withdrew it out might as well consider the exact computation by looking at per amount instead of price increase/decrease rate since it is just an estimation.

Most of the traders who losses their assets the most common reason was, panic and yet controlling emotions is really hard. Well as I 've observed ethereum lately, I was able to have the confidence that has given me courage to hold my eth tokens, because as speculated last 2017 ethereum and other er20 alts could pump this year. For that there's no reason to lose all the trades you have because if will possible to happen as long as you don't panic.

most people may loose by their own so i agree on it that we have to study first that coin before we go for it cause this is where the loose cause on its fine risk the way on how we are able to know that first.

Because - by definition - in trading, when you make a transaction, if someone win money, there are another guy who loses; the price you choose is the "bet" that you fix.
So, you have to expect that sometime you'll lose; it's impossible to make always the good choice.