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Topic: Why do traders lose money in trading? - page 6. (Read 2762 times)

full member
Activity: 882
Merit: 211
July 14, 2024, 09:27:04 AM
You'll never succeed if you don't have that desire to learn more, if by a single mistake and losing money is the only basis to quit then trading will not going to work for you, there are lots of experience losses that may take place as the market always have it's own up and down, it's you that needs to adjust and adopt if you want to succeed.

There are failures which mostly cause of wrong decision making and wrong assessment and analysis but you can use those mistakes by learning from it and not to allow yourself repeating the same patterns.
Learning about trading is of course very important to be able to make a profit from the trading that we do and it is absolutely impossible to make a profit without knowledge and skills in trading and in fact we often see those who already have a lot in trading still learning about trading to can get good results and if someone starts trading and they experience failure but don't learn from the failure they experienced of course this will make them lose their money when they try to trade again without learning about the mistakes they have made of course the results they The gain will remain the same, but if we really want to get good results from trading, of course we have to take the time to study so we can get good results from trading.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
July 13, 2024, 12:46:54 PM
Losing money in trading is a normal thing but how well are you managing your losses and how many wins do you have ? How many wins do you need to cover your loses? These are some important questions that traders need to ask. No trader will escape losing money neither as a newbie or a pro but these are also good points you have highlighted.
Indeed, even how good you are in analysing the movement there's still chance that you'll going to lose your position same with your statement both newcomers and those experienced traders they are not safe from losing their money, though is a good observation regarding to how both will react after losing, for experienced traders, they will continue looking for opportunity and will re-assess what made them wrong and why they lose their position.

While with newcomer,  due to lack of knowledge either they quit away or will push forward and aggressively position another trade without researching and most of the time their fate will again repeatedly making mistakes and lose more.
Newbies quitting because of losing is a terrible thing because it's such a shame that they do not realize how they can get better and get a better result. This is why I think it's much better to keep on thinking you will do a lot better all the time, always keep trusting that. I am not saying all of them will, there will be people that will do very badly even if they try because trading isn't for everyone, but at the same time we need to talk about the fact that we are going to see a lot of them get better and make profit, so it is not going to be that easy.

So all in all, if we keep focusing on how to get better, it is going to be better, but if we quit just because we lost a bit, then we are never going to become good at all, it is not going to be entertaining.

You'll never succeed if you don't have that desire to learn more, if by a single mistake and losing money is the only basis to quit then trading will not going to work for you, there are lots of experience losses that may take place as the market always have it's own up and down, it's you that needs to adjust and adopt if you want to succeed.

There are failures which mostly cause of wrong decision making and wrong assessment and analysis but you can use those mistakes by learning from it and not to allow yourself repeating the same patterns.
hero member
Activity: 1064
Merit: 589
July 13, 2024, 01:57:41 AM
True, even though some people may make trading their job or they are professional traders, they must know when they should trade and when they should rest. In trading we can do it at any time, that's true, but that doesn't mean we can always do it well, we also need to rest to restore our energy and the performance of our brain in carrying out analysis.
We must be aware of such limitations from the start, because even though we are just sitting in front of a monitor screen to analyze the market, we will still feel fatigue. If people who work physically will tire them physically, then trading will tire us mentally because we employ our brains continuously.
Exactly what I am saying so to succeed in trading lots of things has to be observed and respected to be able to make wave over trading. Like I know before when trading for day time we should respect the time and how long they should spend doing it and if is night trading then we should have limited time to trading at night we can trade for like 3 to 5 hours depending on the trader after that they should mind themselves to have a rest most times having a rest helps to refresh your mental state to develop the right strategies to succeed while trading.
This should be something that is easy to do, because we can do trading with more flexible time or no time constraints because there are no demands from other people. This is different from people who work in companies, of course they will be bound by working hours and so on. So it should be easier to organize our time for trading and for resting. Sometimes we also need a holiday in between our trading activities, what's more advantageous is that the time we have is more flexible so we can plan it at any time.
Usually someone who trades without knowing the time is someone who has just entered the world of trading. That's natural because they are still very enthusiastic about continuing to monitor market movements and try to analyze them which they can then use to make a profit.
copper member
Activity: 2268
Merit: 539
LuckyDiamond.io - FLAT 50% Deposit Bonus!
July 13, 2024, 12:31:23 AM
There are many reasons why a trader loses his money. The main reason can be not choosing the proper coin. In order to choose the appropriate coin, good research is required. Next is reading the candlestick pattern; if you don’t have the knowledge of this, then predicting the market will be very hard. At last, not setting proper profit targets results in not cashing out at the right time. Now, whether you are trading in the future with leverage or spot, that also plays an important role in making money from trading. I feel these are the mistakes most traders make for which they often face losses.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
July 12, 2024, 04:10:15 PM
That is why we should not be afraid to try new things, but not to put a lot of money on it, but try with real small amounts. Any caution does not place, but excessive fear of fear will only interfere with us. Because of this, many novice traders are dying, afraid to stumble.
It's normal for the newbies to have a huge fear when they're starting their trades. I myself have been afraid because I didn't have to start trading to see my losses. But by just holding it, I'm seeing the value of my holdings drop a lot when crash has happened. But I agree to you that fear should be set aside and be brave when you do your trades. You'll not learn if you're not going to try and you'll experience losses. And with that, you can start with small amounts and as you've said, real money. Because there might be newbies that think that they're already good traders because they're winning their trades through demo accounts. It's a completely different world compared to the actual trades and real money involvement.
hero member
Activity: 1428
Merit: 653
Leading Crypto Sports Betting & Casino Platform
July 12, 2024, 03:58:56 PM
I go with the last option that said of over trading; this is actually something to look into because most people doesn't consider their strength and limits they felt one can keep burning energy online watching his system to trade for 24/7 without even taking a rest. Resting breaking gives you that power to rethink on new strategy to follow to trade, this resting could be reading and utilizing other opportunities that could yield handsomely to your trading journey, instead some of don't break neither do they take rest to study other important material to guide them on successful trading.
True, even though some people may make trading their job or they are professional traders, they must know when they should trade and when they should rest. In trading we can do it at any time, that's true, but that doesn't mean we can always do it well, we also need to rest to restore our energy and the performance of our brain in carrying out analysis.
We must be aware of such limitations from the start, because even though we are just sitting in front of a monitor screen to analyze the market, we will still feel fatigue. If people who work physically will tire them physically, then trading will tire us mentally because we employ our brains continuously.
Exactly what I am saying so to succeed in trading lots of things has to be observed and respected to be able to make wave over trading. Like I know before when trading for day time we should respect the time and how long they should spend doing it and if is night trading then we should have limited time to trading at night we can trade for like 3 to 5 hours depending on the trader after that they should mind themselves to have a rest most times having a rest helps to refresh your mental state to develop the right strategies to succeed while trading.
hero member
Activity: 910
Merit: 636
July 12, 2024, 08:54:00 AM
I go with the last option that said of over trading; this is actually something to look into because most people doesn't consider their strength and limits they felt one can keep burning energy online watching his system to trade for 24/7 without even taking a rest. Resting breaking gives you that power to rethink on new strategy to follow to trade, this resting could be reading and utilizing other opportunities that could yield handsomely to your trading journey, instead some of don't break neither do they take rest to study other important material to guide them on successful trading.
Of course, it is important to try various new trading strategies because the market is changing and does not remain the same during the time. Of course, if our strategy works today, then we must stretch it for the maximum period in order to get maximum profit. You can’t repeat my mistakes, I came up with a strategy in theory, but did not implement it in practice, although I really wanted to, I just did not have the courage.

That is why we should not be afraid to try new things, but not to put a lot of money on it, but try with real small amounts. Any caution does not place, but excessive fear of fear will only interfere with us. Because of this, many novice traders are dying, afraid to stumble.
hero member
Activity: 1064
Merit: 589
July 12, 2024, 04:06:42 AM
I go with the last option that said of over trading; this is actually something to look into because most people doesn't consider their strength and limits they felt one can keep burning energy online watching his system to trade for 24/7 without even taking a rest. Resting breaking gives you that power to rethink on new strategy to follow to trade, this resting could be reading and utilizing other opportunities that could yield handsomely to your trading journey, instead some of don't break neither do they take rest to study other important material to guide them on successful trading.
True, even though some people may make trading their job or they are professional traders, they must know when they should trade and when they should rest. In trading we can do it at any time, that's true, but that doesn't mean we can always do it well, we also need to rest to restore our energy and the performance of our brain in carrying out analysis.
We must be aware of such limitations from the start, because even though we are just sitting in front of a monitor screen to analyze the market, we will still feel fatigue. If people who work physically will tire them physically, then trading will tire us mentally because we employ our brains continuously.
hero member
Activity: 1428
Merit: 653
Leading Crypto Sports Betting & Casino Platform
July 11, 2024, 05:26:56 PM
I go with the last option that said of over trading; this is actually something to look into because most people doesn't consider their strength and limits they felt one can keep burning energy online watching his system to trade for 24/7 without even taking a rest. Resting breaking gives you that power to rethink on new strategy to follow to trade, this resting could be reading and utilizing other opportunities that could yield handsomely to your trading journey, instead some of don't break neither do they take rest to study other important material to guide them on successful trading.
sr. member
Activity: 952
Merit: 391
Underestimate- nothing
July 11, 2024, 04:49:34 PM
Losing money in trading is a normal thing but how well are you managing your losses and how many wins do you have ? How many wins do you need to cover your loses? These are some important questions that traders need to ask. No trader will escape losing money neither as a newbie or a pro but these are also good points you have highlighted.


People who have been trading for some time will not be concerned about the price. It may take time to return, but it is one of the best ways to stay and make profits. However, understanding the principles is crucial as only a few people are successful in doing so. Asking questions is not the issue; it is how many people understand everything that has been said. All people want to see is a green market so that they can profit from their understanding. Both beginners and professionals are losing money, so while you're losing, ask questions to improve. Because everyone is only trying to do one thing is to do better. Either you like it or not losing money is a normal thing and if you don't want to stress to much you need to just buy and hold any time your are ready you can  just buy and hold.
legendary
Activity: 2086
Merit: 1058
July 11, 2024, 02:04:52 PM
Losing money in trading is a normal thing but how well are you managing your losses and how many wins do you have ? How many wins do you need to cover your loses? These are some important questions that traders need to ask. No trader will escape losing money neither as a newbie or a pro but these are also good points you have highlighted.
Indeed, even how good you are in analysing the movement there's still chance that you'll going to lose your position same with your statement both newcomers and those experienced traders they are not safe from losing their money, though is a good observation regarding to how both will react after losing, for experienced traders, they will continue looking for opportunity and will re-assess what made them wrong and why they lose their position.

While with newcomer,  due to lack of knowledge either they quit away or will push forward and aggressively position another trade without researching and most of the time their fate will again repeatedly making mistakes and lose more.
Newbies quitting because of losing is a terrible thing because it's such a shame that they do not realize how they can get better and get a better result. This is why I think it's much better to keep on thinking you will do a lot better all the time, always keep trusting that. I am not saying all of them will, there will be people that will do very badly even if they try because trading isn't for everyone, but at the same time we need to talk about the fact that we are going to see a lot of them get better and make profit, so it is not going to be that easy.

So all in all, if we keep focusing on how to get better, it is going to be better, but if we quit just because we lost a bit, then we are never going to become good at all, it is not going to be entertaining.
hero member
Activity: 616
Merit: 749
July 11, 2024, 01:00:40 PM
Losing money in trading is a normal thing but how well are you managing your losses and how many wins do you have ? How many wins do you need to cover your loses? These are some important questions that traders need to ask. No trader will escape losing money neither as a newbie or a pro but these are also good points you have highlighted.

Traders will lose money as everybody can't win at the same time. It is the money that is in the market that is shared between the traders that made the correct predictions while those individuals that didn't get their calls right losses. Money move from the hands of traders that do not knows how to trade to those that can trade and we have many individual that don't know how to trade but are just joining the trend. If you have no experience in trading and haven't gone through the process of learning, you have no business trading or you'll be among those in the market contributing to give real traders profits.

legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
July 11, 2024, 07:22:14 AM
Losing money in trading is a normal thing but how well are you managing your losses and how many wins do you have ? How many wins do you need to cover your loses? These are some important questions that traders need to ask. No trader will escape losing money neither as a newbie or a pro but these are also good points you have highlighted.

Indeed, even how good you are in analysing the movement there's still chance that you'll going to lose your position same with your statement both newcomers and those experienced traders they are not safe from losing their money, though is a good observation regarding to how both will react after losing, for experienced traders, they will continue looking for opportunity and will re-assess what made them wrong and why they lose their position.

While with newcomer,  due to lack of knowledge either they quit away or will push forward and aggressively position another trade without researching and most of the time their fate will again repeatedly making mistakes and lose more.
full member
Activity: 807
Merit: 150
July 10, 2024, 08:15:29 PM
Losing money in trading is a normal thing but how well are you managing your losses and how many wins do you have ? How many wins do you need to cover your loses? These are some important questions that traders need to ask. No trader will escape losing money neither as a newbie or a pro but these are also good points you have highlighted.
It is true that everyone who trades has experienced a loss and when we experience a loss, of course there are mistakes we make and we have to learn again so that we can correct them and not repeat the mistakes we have made and when we have succeeded in making a profit from trading, we must continue learn about trading so that you remain aware of all updates that occur in the trading that we carry out so that we can continue to trade well.
sr. member
Activity: 364
Merit: 195
Buy on Amazon with Crypto
July 10, 2024, 05:55:26 PM
From my experience, here are 4 reasons I discovered:

1/ Lack of Discipline— a) Not sticking to one strategy, b) not respecting your trading rules, c) not sticking to your plan.

2/ Lack of knowledge—Inadequate understanding of the market, trading strategy, financial instruments, and fundamentals can lead to poor decision-making.

3/ Not having a mechanical trading system—This leads to emotional trading. Decisions driven by emotions like fear and greed rather than rational analysis result in significant losses.

4/ Overtrading—Taking many trades will affect your decision-making ability and lead to poor decisions.

If there are other reasons why traders lose money, share them with me.
It is normal to lose money in trading, no one can trade properly without losing money. OP I think your points are valid with all the points you make. The most common mistake people make on trading platforms is to be overly greedy and trade impulsively. A good proof of this is that I myself have lost money on trading platforms due to excessive greed. I started trading with WIF a few days ago. I got good profit in the first stage and didn't sell. I was hoping to get more. I currently have more than half of my total balance lost due to high expectations. So I have seen people lose the most money on trading platforms just because of greed and trading with passion.
sr. member
Activity: 1274
Merit: 263
July 10, 2024, 04:29:09 PM
Losing money in trading is a normal thing but how well are you managing your losses and how many wins do you have ? How many wins do you need to cover your loses? These are some important questions that traders need to ask. No trader will escape losing money neither as a newbie or a pro but these are also good points you have highlighted.
jr. member
Activity: 71
Merit: 6
July 10, 2024, 03:01:58 PM
From my experience, here are 4 reasons I discovered:

1/ Lack of Discipline— a) Not sticking to one strategy, b) not respecting your trading rules, c) not sticking to your plan.

2/ Lack of knowledge—Inadequate understanding of the market, trading strategy, financial instruments, and fundamentals can lead to poor decision-making.

3/ Not having a mechanical trading system—This leads to emotional trading. Decisions driven by emotions like fear and greed rather than rational analysis result in significant losses.

4/ Overtrading—Taking many trades will affect your decision-making ability and lead to poor decisions.

If there are other reasons why traders lose money, share them with me.


Based on my personal experience, losing money in trading is mostly due to greediness, most traders have the required technical knowledge of trading but they still lose large sums of money in various trades. I believe if one can be very content with profits no matter how small they could be, losses can be vastly minimized.

I have learned the habit of taking profits, and it has been working for me so far.
legendary
Activity: 3052
Merit: 1188
July 10, 2024, 12:06:51 PM
The basic principle of successful trading is to decide at the right time. Those who place trades at the right time and close at the right time are always at an advantage compared to those who are tempted to just hold or go long. I'm saying this because I bought some coins when I was new in the market and they went up and I didn't sell those coins and they came back down, and still haven't been productive, that's why I'm saying if you can't time it, you'll never succeed in trading.

And this is the case with most altcoins and meme coins, but not with Bitcoin. It is possible to store Bitcoin for a long time and not sell it and have the same results because when Bitcoin was at $73k I didn't sell it and it has gone down to $56k or less and I lost a lot of profit. So it is very important to time yourself correctly at each point and on each coin.
Timing is definitely an important part of trading, we have seen a lot of people end up with a lot of loss like that. Many people end up buying some tokens and they keep on trying to make some money from them, and in the end they get nothing in return, which isn't good of course and we could make it work with a lot more than that.

I think it's clear that people should expect a lot more from each other, and for that reason I think we could get out when we double from some token not many people know. I get that it may go 10x, hell there is a chance that it could even go 2x, but instead of chasing impossible big returns, try to double with many smaller ones and you will have a much better result in the end and get wealthier.
legendary
Activity: 966
Merit: 1042
#SWGT CERTIK Audited
July 09, 2024, 03:05:38 PM
Over trading ? what is this now, do you mean by taking trades at the wrong time or taking multiple trades in the same time frame, how it can be considered as over-trading.

For the rest, I do agree that people lack in these points when they suffer losses, but you cant be a perfect trader because your loss is your experience and without experience you cant be a good trader.
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Brother clarify why you've shared the link to the Beta product, also that's a referral link, I'm not sure whether it's allowed or not to share links like that. I'll be waiting for the briefing on why you've shared it.
hero member
Activity: 2408
Merit: 584
July 09, 2024, 10:30:32 AM
This stuff is actually happening in my office, in the FAC department where they sell the goods, while I work where we sell food. For the past 2 months, there have been good deals, and they find it difficult to get to their target. The reasons are that their management is poor and they don't know how to store count.

One of the things that makes traders lose more is store counting. If a trader knows how to store count, they might go register their expired goods, because bet the time you start pushing your goods on time and minding the profit because is almost gone, but just reach for your capital, then plus up the new goods to still make up your profile.

This is the work people study in school, but one trader will want to be the manager, director, and everything else, which is wrong.
The basic principle of successful trading is to decide at the right time. Those who place trades at the right time and close at the right time are always at an advantage compared to those who are tempted to just hold or go long. I'm saying this because I bought some coins when I was new in the market and they went up and I didn't sell those coins and they came back down, and still haven't been productive, that's why I'm saying if you can't time it, you'll never succeed in trading.

And this is the case with most altcoins and meme coins, but not with Bitcoin. It is possible to store Bitcoin for a long time and not sell it and have the same results because when Bitcoin was at $73k I didn't sell it and it has gone down to $56k or less and I lost a lot of profit. So it is very important to time yourself correctly at each point and on each coin.
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