why many traders(including me) not getting success - page 12.

shield132

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Quote from: happy man on January 31, 2019, 05:55:53 PM

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? Huh

?? please comment

You have to use your knowledge in practise, theory is nothing if you don't consider/use it in real life. Also if trading was something step by step, then everyone would do it and achieve success but there is another factor - luck. It is very important in trading, sometimes when you just can't trade for 2-3 days can be a hugely positive decision and also opposite.

QuadsPoker

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nothing is impossible

Most common mistakes are greed and panic.

Some people expect to much from a trade. they buy and hold till it goes up 20-30%. Better do multiple trades everyday and lock a small profit on every trade. You will end up with much more profits.

Panic. Lot of people just sell with the first red candle they see after they bought. Just hold on. Price will recover to book some profits

cryptomium

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Quote from: happy man on January 31, 2019, 05:55:53 PM

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? Huh

?? please comment

If we do not have a strategy to do for ourselves today our investment for sure is going on the bad way, it's been a while since we know that it the course of trading we have a lot of knowledge about it. I am because i am not a bored person especially now because if we are just going to rush and hope that's why we commit a wrong decisions, why not we try to find another way that we know that will not weaken our investment? The true strategy for me is really worthy and enduring that's why i kind of a lucky guys untill this time..

Ferris419

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The first point is to increase knowledge, knowledge, and much more. Most traders do not understand and fall down to trade. There must be patience and patience. It is easy to remember that nothing can be conquered.

Apened

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Quote from: happy man on January 31, 2019, 05:55:53 PM

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? Huh

?? please comment

Its the fomo around the market as more possible you cannot wait for your token or hodl to pump so youbwill going to switch for the hype token in the market that you may get caught the top because of fomo.
In general though trading is not always good but in proper trading techniques and strategies along with your proper mindset in having patience ypu can earn in trading. Emotions is the biggest part of enemy in the system as it is not only the whales or the other traders your emotions itself is the toughest enemy in this trading. If you cannot wait for the trade to come then you may end up losing all over again.

rysea2

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I think the first point of your topic is the most important point for trading, because learning more and looking for more information will make us have more room for profit. And experience will take us to a better step in taking a risk in trading.

Indamuck

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You really should try to make profits from trading, in order for you to win someone must lose. You are participating in a zero sum game that adds nothing to society. If you want to add to the crypto space you should build something that on boards new users and makes the experience fun for newbies.

BlackFor3st

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Don't get upset my friend if you are not having any success in trading now. Trading does not give you instant funds and a lot of patience and skills are required to have profits in trading. Failure will lead you to success. Keep trying and some or the other day the coin you purchase will pump and you will rise up your profits by 1xxxX times.
Those who stay in the markets after failure always have a good life ahead as mistakes teach us a lot.

Pursuer

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Quote from: happy man on January 31, 2019, 05:55:53 PM

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

it is because 90% of what is usually found on the internet is pure garbage specially when it is cryptocurrency related. such as the Youtube videos telling you how to trade altcoins and what to trade. so reading them and watching these videos is only going to mislead you!

Quote

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? Huh

?? please comment

1) that is the key! you either have experience or don't. it is not impossible to gain experience but it requires hard work and spending a lot of time.
2) having fear is not a bad thing. in fact it is perfectly natural to fear what is going to happen to your money as long as it is not affecting your better judgment.
3) patience is what bag holders tell themselves to justify their idiocy.
4) you already said it in your #1

akamit

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Quote from: happy man on January 31, 2019, 05:55:53 PM

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? Huh

?? please comment

Some more common reasons could be (it may depend from trader to trader, investor to investor)

1. Greed
2. Setting up a long target
3. Not choosing the right asset when it is the right time

I can't surely tell about others, but I have suffered a lot for the above 3 reasons.

el kaka22

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Experience is a big part of the problem. Bitcoin is way different than any other trading out there. I agree that they look similar and what not but Forex is still different crypto trading. So we are talking about a brand new trading that not many people have experience on and wonder why we are not doing well. Whales do make money but that requires no experience, when you are rich enough to make any move you want and change the price of any coin then you will definitely see a profit.

However, with small amounts (and even as high as 100k on big coins) it requires experience in the field, so we need to wait some more years and people will get more and more experience with trading and eventually all of us will have 5+ years trading experience that will allow us to be much better than what we are right now.

Thanasis

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Quote from: MarjorieZimmermanGinger on February 02, 2019, 07:05:58 AM

Quote from: babarian on February 01, 2019, 11:34:17 AM

because we keep thinking about how to continue trading to make a profit. they continue to have targets for profit. so they are stuck with that target.

thinking it must be more than anything else to get the results we want, but you also have to know when to release the coins that are held, especially now it really requires great patience to be successful in trading this year until the year to come

Expecting profit too early is one of the problem for the cryptocurrency traders so they are not giving enough time for their holdings to increase its value and end up getting panic then selling for less than how much they were bought for. Keep trading also long term to increase you chances.

pawanjain

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Nothing lasts forever

Quote from: happy man on January 31, 2019, 05:55:53 PM

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? Huh

?? please comment

3) It should be 'Patience'

Actually, there are some factors on which our trades are dependent on. One among them is luck and in most cases our trades execute in the opposite direction because of bad luck.
The second point you made, 'Fear' is a right thing you said as this leads to panic sell/buy and this leads to lower profits or losses.
The solution to this is practice and experience. Only experience can make us not repeat our mistakes constantly.

The Cryptovator

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We can't expect everyone will success on trading always. Someone have to loss and someone have to profit. Especially new traders mostly on loss. The reason is experience and patience. For trading you have to aware market conditions always. We can't take profit if we run against market. So you should know little bit analys. Another thing is greedy, sometimes we loss for greedy and it was happened to me when I did trading on beginning. So you have to avoid greediness. Just sell when you are on profit or use stop loss. Otherwise may be you have to loss again. Very low change to get high profit. Because we don't know exactly which coin will be bump suddenly.

MarjorieZimmermanGinger

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Quote from: babarian on February 01, 2019, 11:34:17 AM

because we keep thinking about how to continue trading to make a profit. they continue to have targets for profit. so they are stuck with that target.

thinking it must be more than anything else to get the results we want, but you also have to know when to release the coins that are held, especially now it really requires great patience to be successful in trading this year until the year to come

ringgo96

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Quote from: septi.JR on February 02, 2019, 05:01:26 AM

trading is sometimes a loss and a profit, but the most important thing is to multiply the experience with various sources, I often read news on search sites or view reviews on videos and also join a group on social media.

Experience here is indeed very important to be able to get a knowledge. indeed the moment of loss inevitably must be experienced by all traders when they start

Xardasim

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First of all, everyone can not always gain. It does not matter how more you know, the market is always more than you know. Because the graphs sometimes move differently than usual. In addition nowadays situation is so bad and trading causes you to lose more.

befriendmywater

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Quote from: happy man on January 31, 2019, 05:55:53 PM

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? Huh

?? please comment

I think you are not getting lucky and your strategy is not right. Many investors have made a lot of money from the crypto market in many ways such as investing in altcoin, buying tokens of ICO projects, trading at the time of altcoin pumping, ...
There are many ways to become rich and you need to be more observant to know when you should be involved.

septi.JR

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trading is sometimes a loss and a profit, but the most important thing is to multiply the experience with various sources, I often read news on search sites or view reviews on videos and also join a group on social media.

icecube45

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Maybe practice and experience. To be successful in trading is not easy and requires time, so being able to succeed requires practice and experience. If it always fails, there must be something wrong with the method you applied. Whether it's emotional management, the time to start trading, calculation, or other. So we have to find a good method to succeed. This does require patience so that you continue to practice and learn so that your experience is explored. I am sure will definitely get success in trading.

Topic: why many traders(including me) not getting success - page 12. (Read 2228 times)