The main reason behind unsuccessful trading is Trading w/o any plan. If a plan is made before taking a trade chances of getting higher success rate becomes brighter.
Planning of a trade includes:
1. Check the higher trend, where is it heading to.
2. Check the middle trend.
3. Now come to lower TF to decide your entry point, there should be not resistance/support where you are taking a trade, wait for the right setup.
4. Where is your exit point, if trade goes in your favor where would you like to exit and where is your SL in case trade goes against you, that should be pre decided.
If one follows such simple rules, chances of success get higher.
Topic: why many traders(including me) not getting success (Read 2228 times)
It is because our tactics probably wrong which it caused us to lead to loss our coins in the exchange platform.
If we get profit in trading, it means our way is right which is We need to continue that methods to get more profit.
And continue to learn more about trading in crypto as well.
Most investors lose money in trading because they are not patient enough to wait for the coins they invest to achieve the desired target. After a long time participating in this market, I think the money will be transferred from investors who are not patient enough to carry the bags of more patient people. It is really a very important factor.If we get profit in trading, it means our way is right which is We need to continue that methods to get more profit.
And continue to learn more about trading in crypto as well.
It is because our tactics probably wrong which it caused us to lead to loss our coins in the exchange platform.
If we get profit in trading, it means our way is right which is We need to continue that methods to get more profit.
And continue to learn more about trading in crypto as well.
Most investors lose money in trading because they are not patient enough to wait for the coins they invest to achieve the desired target. After a long time participating in this market, I think the money will be transferred from investors who are not patient enough to carry the bags of more patient people. It is really a very important factor. If we get profit in trading, it means our way is right which is We need to continue that methods to get more profit.
And continue to learn more about trading in crypto as well.
I always feel that being profitable and being successful trade are not the same thing,there is slight border between them.When someone is not doing good at trading but still getting profits based on luck or something he can't be considered as successful so yourself need to learn how to trade than trusting your luck.
be patient, be strategic, Crypto are volatile thats why we dont have any assurance in trading
It is because our tactics probably wrong which it caused us to lead to loss our coins in the exchange platform.
If we get profit in trading, it means our way is right which is We need to continue that methods to get more profit.
And continue to learn more about trading in crypto as well.
If we get profit in trading, it means our way is right which is We need to continue that methods to get more profit.
And continue to learn more about trading in crypto as well.
1. too much trusting to signal or something like that ,
2. just being greedy and ended up with loss
3. have not personal predict and analyize
4.didnt trust yourself
4th one is a little bit subject of doubt because being a super confident can ruin everything in trading. Well, it's a very hard job to decide when to sell and when to buy. To my mind main reason of not getting success in trading is that users rarely read crypto related news, you have to read news as soon as possible because there are some news that really affect price hugely and it will help you to choose more correct decisions.2. just being greedy and ended up with loss
3. have not personal predict and analyize
4.didnt trust yourself
The majority of traders don’t adjust their strategies depending on conditions, and they don’t monitor the strategy they use. Consistent speculators don’t just adjust strategies but also follow the performance of the strategies they use, not only in testing before they use them but in real time.
Read the full blog here
https://www.altcoinsidekick.com/blog/ninth-ground?SQF_PAGE=ninth-ground
It’d definitely help you out.
Read the full blog here
https://www.altcoinsidekick.com/blog/ninth-ground?SQF_PAGE=ninth-ground
It’d definitely help you out.
even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason
1) practice and experience
2) with fear of losing or missing profits we just f*** our trades
3) patients
4) or what other reasons could be?
?? please comment
I think it might look like this:1) practice and experience
2) with fear of losing or missing profits we just f*** our trades
3) patients
4) or what other reasons could be?
?? please comment 1. To study the technical analysis, candlestick analysis & graphical indicators.
2. Constant practice.
3. Teaching yourself to self-control. This includes cultivating certain qualities in oneself, such as calm, endurance, patience, composure, etc.
4. Train yourself to make a plan before you buy any coin.
5. After making a mistake, analyze the whole situation and write down everything. Only admitting your own mistakes and drawing from this correct conclusion will lead you to success.
6. Never be greedy! Work according to plan!
If you have been unsuccessful so far, then this is the result of your work. You need to change the approach.
even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason
1) practice and experience
2) with fear of losing or missing profits we just f*** our trades
3) patients
4) or what other reasons could be??? please comment
1) practice and experience
2) with fear of losing or missing profits we just f*** our trades
3) patients
4) or what other reasons could be?
?? please comment I think those of what you had mentioned is useless, if you are making trade with a wrong timing of buy and sell.
Because there are some movie I watched talking about trading that if you want to make a huge profit you must know
the proper timing in trading. I think that's the reason why other still stagnant with it.
even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason
1) practice and experience
2) with fear of losing or missing profits we just f*** our trades
3) patients
4) or what other reasons could be??? please comment
One of the other reasons is the element of luck and experience. In the investment field, no prediction is 100% correct. All are a probability game. Therefore, there are many investors who have over 30 years of experience but still suffer losses of more than 90% when trading in the stock market.1) practice and experience
2) with fear of losing or missing profits we just f*** our trades
3) patients
4) or what other reasons could be?
?? please comment so to be safe and earn a lot in the field of investment, we should know how to manage risk and sell risk is reasonable.
You can't be a better trader by just following the tips from others,just crewte your own akills on trading which will make you to stand out but the last point be patient until your time comes.
I think it is not just the experience that matters in trading crypto but also the exchange you are trading on and the market situation. This is very important to have a bull run going on in the crypto space to ensure some good gains in the crypto trading. If that is not the case, you might find it pretty hard to make money by trading crypto but there is gains in the business so chill and have patience.
You can't be a better trader by just following the tips from others,just crewte your own akills on trading which will make you to stand out but the last point be patient until your time comes.
I think it is not just the experience that matters in trading crypto but also the exchange you are trading on and the market situation. This is very important to have a bull run going on in the crypto space to ensure some good gains in the crypto trading. If that is not the case, you might find it pretty hard to make money by trading crypto but there is gains in the business so chill and have patience. 
If you have been trading for a long time and you do not succeed, then you definitely do something wrong. But if you are still new to this and trade newly, do not worry. You just need to gain experience and soon you will succeed.
The reason why sometimes that the traders is failing in trading because of emotions, being greedy and putting their eggs in one basket. If you a trader you need to be broad minded , more learnings and new strategies and especially to learn to hold your emotions.
As I always tell to the people who pursue trading. It requires a lot of passion and loss in order for you to achieve your goal as a successful trader. Short term or long term, it won't really matter if you don't have persistence and perseverance of doing it.
Just make sure not to overthink and simply analyze and speculate all the turns. A day trade is almost a gambling stuff. It won't almost let you think and analyze what will happen next because of its short period of time offered/provided.
^ learned and analyzed first before you step on the trading field.
Just make sure not to overthink and simply analyze and speculate all the turns. A day trade is almost a gambling stuff. It won't almost let you think and analyze what will happen next because of its short period of time offered/provided.
^ learned and analyzed first before you step on the trading field.
If it was so easy more people would be doing it and remember that anytime a trader makes a profit he is basically taking money from someone else. I still dabble in trading a little bit but I don't let my expectations get too high because I know how rough this is.
It seems to me that the reason may be that some traders are highly dependent on their emotions. They can move panic, fear, greed, despair. And it prevents all of successful trading. After all, the most important thing is to be able to analyze and try as little as possible to depend on their emotions.
Emotions are just one factor! When you try to explain why somebody is successful in trading and some people are not, you need to consider many factors. Emotions, exchange, pairs you chose, fees, time frame, your bankroll, probably you need to consider your mood in the time of trading too.
You can`t speak about this matter generally, each of us have different factors, so discussion will be different for each of us, why we make or lose money with trading.
Yes, in a hurry because seeing other people who are more successful is wrong, as if we want to quickly get a profit in an instant even though it is not possible for a beginner. Usually a beginner cannot manage their emotions when he loses.
The mistake of beginner traders is often done is too rushed without knowledge and can not control emotions, so if we have this then do not trade before you can control it properly.
For now I start to trade up and hold for now quietly crypto keep growing up in this past days maybe we can wait for a months to see what will happen in bitcoin and other coins.
I am also like you, I lost trading because I was impatient and too scared, impatient to enter the market and too afraid to make decisions
Sometimes when the market starts to rise, I always feel frightened and tend to sell more. In fact, I am like you and very afraid of losing money when participating in trading but this year I have control of that and learned a lot of good knowledge in 2018 so my profit making becomes easy easier. Fear is good but learn to analyze the trend of this market because it will help you better control your psychology and you can be comfortable investing. Jump to: