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Topic: why many traders(including me) not getting success - page 8. (Read 2206 times)

member
Activity: 462
Merit: 11
Did not use stop loss, FOMO (Fear Of Missing Out) and greedy is all factor that make trader getting loss. So for all beginner trader should be first learn about it , because this is the most factor that make all trader not getting success.90% more of trader loss because of that, so its not enough to have knowledge about technical analysis only.
hero member
Activity: 2184
Merit: 798
Top Crypto Casino
There are many reasons why traders do take the L on trades. It ranges from Emotions, Impatience... The list goes on and on. However, A major cause of failure is due to lack of trading skills. Believe it or not, The market is a mixture of noobies and the big guys and most of these newbies know little to nothing about trading. They either fomo in trades or follow Signal groups. And the story has always been the same.
member
Activity: 434
Merit: 10
I have nothing to say that the frequency of trading is failing, maybe others, but I know my friend that he is really successful in trading so we can not say that we are disappointed because life is like a world only once under and sometimes at the top so do not lose hope in life because we study how good it is to be a successful trader someday
sr. member
Activity: 1330
Merit: 326
Patience is a necessity for us to achieve our desired success. Do not lose hope, the time will come we will be successful in trading. Perhaps not yet, but we always remember nothing impossible especially in cryptocurrency.  If we've met failure, just proceed and continue to aim trading  favorable results.
sr. member
Activity: 840
Merit: 250
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   
Maybe because of FOMO, even the worst trading isn't your skill, I mean if you keep repeating the same mistakes repeatedly then I suggest switching to stock trading or to another field, ok if 1 to 3 times you repeat mistakes and learn from them, but if more than that, chances are you don't have expertise in that field.
Because trading using these skills means not all people are suitable for this method. so when you try, learn from experience and theory but the results are still a loss, meaning that there is something wrong with you, whether it's your learning method, strategy technique, or your patience?
because in trading it is not easy and requires a good strategy and must have great patience, because it is the first key if you want to succeed if my advice is also
sr. member
Activity: 1162
Merit: 251
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   
Maybe because of FOMO, even the worst trading isn't your skill, I mean if you keep repeating the same mistakes repeatedly then I suggest switching to stock trading or to another field, ok if 1 to 3 times you repeat mistakes and learn from them, but if more than that, chances are you don't have expertise in that field.
Because trading using these skills means not all people are suitable for this method. so when you try, learn from experience and theory but the results are still a loss, meaning that there is something wrong with you, whether it's your learning method, strategy technique, or your patience?
legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
You are probably doing something repeatedly wrong. Find out where you are going wrong and try to fix it. Overcome the problems you are facing. Learn from those mistakes and gain experience. And if you are trading, don't trade higher amounts. Trade amounts you are comfortable to lose and slowly increase it. One thing, don't mess up your trades due to any kind of uncertainty. Think twice before executing any moves

I certainly agree with this thought (added some merits for it)

As these are my thoughts exactly. Whatsmore, this is what I often find myself doing, i.e. doing the same mistake again and again. Well, it doesn't cause me a lot of losses but it does cause me to earn less profits in the end. I can't stop doing it as when the time comes I instinctively think that I'm doing everything right only to see some time after that I'm actually wrong. I understand as well that I have already been making the same mistake in the past. So it hard to learn and change your habits if they are kinda hardwired
member
Activity: 420
Merit: 10
Many traders, veteran or new, fail nowadays because in this season, technical analysis is not applicable anymore. What is offered in Youtube and is followed by many trading coaches nowadays is learning to read candles and graphs, and with the current situation of the market now, it's hardly reliable. The flow of the market gets more and more difficult to predict now. So don't feel sad. You are not alone in that disheartening situation. Use that failure to explore the trading space to your advantage.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
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 the greediness is the big part that will always traders do in trading. They believe that the price can increase higher even if the price is at the highest price and they decide to wait for a while and see the price reaching higher. But they forget that the price can get back to the lower price at any time so they are late to take their profit. We already see the profit comes, but we want a bigger profit, so we are not selling at that price. So when you can see the profit comes, it is better for you to take the profit and forget about making a big profit unless there is any high pump happen in the market.
member
Activity: 266
Merit: 11
The reason is that you have a bad trading strategy or you don't have it at all.
full member
Activity: 1470
Merit: 103
COMBO 2.0
FOMO and FUD are the best tools to help you with your trade so dont just be afraid of them instead just embrace them and focus on how they can work to help you thats the only way you can succeed with your trade There will always be fear just be comfortable with it
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
You are probably doing something repeatedly wrong. Find out where you are going wrong and try to fix it. Overcome the problems you are facing. Learn from those mistakes and gain experience. And if you are trading, don't trade higher amounts. Trade amounts you are comfortable to lose and slowly increase it. One thing, don't mess up your trades due to any kind of uncertainty. Think twice before executing any moves.
legendary
Activity: 2954
Merit: 1155
Leading Crypto Sports Betting & Casino Platform
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   

Many traders fail in their transactions because the level of knowledge and experience is sure to be lost to the panic situation, no matter how good it is. We can also see how big investors have affected our psychology, especially if we think that they are making too many unsuccessful transactions as a result of trading with insufficient knowledge and experience. When we will not be caught in the panic, then we will realize real successful trades.
So it means i'm not successful trader.  Grin because i keep get panic and cut loss my assets. Even i trade for a years, actually since 2015 i start trade on bittrex and Poloniex when it have high volume but always panic until now.
member
Activity: 616
Merit: 16
we all are still learners. we learn everyday trying to be perfect. the more we learn on how to trade, the more we perfect our trading habits but you must follow rules and also bear in my that you will loose trades. you might loose more than you expect. just be careful or you can just stick to the option of buy low and wait whenever it goes high and sell. if you are not greedy. you might stick to that.
newbie
Activity: 2
Merit: 0
I`m a starting trader, but i`m a starter for half a year already   Undecided is it possible to learn trading without any pendings, unconfirmations and so on at all  Sad
hero member
Activity: 1666
Merit: 629
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   

Many traders fail in their transactions because the level of knowledge and experience is sure to be lost to the panic situation, no matter how good it is. We can also see how big investors have affected our psychology, especially if we think that they are making too many unsuccessful transactions as a result of trading with insufficient knowledge and experience. When we will not be caught in the panic, then we will realize real successful trades.
full member
Activity: 462
Merit: 101
I think wrong predictions can also be the reason someone fails in trading. I think not everyone can trade, if your goal to join Crypto is to make a profit, but always fail in trading, then I advise you to look for another job, don't stay in the wrong place.
full member
Activity: 668
Merit: 100
DogData
if it depends on the people themselves doing it, because there are already so many people who fail because they are too ambitious and greedy and cannot control their emotions. because for success that must be avoided greedy and emotional nature when trading
sr. member
Activity: 910
Merit: 251
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   

Not all in the books are true, theory is much more differ into actual trade.
Then when it comes to platform exchange most traders who are not deeply aware in trading yet
are mostly controlled by their emotions which is most of the time loss of their coins in the end.
We can't stop our emotion, but we can able to control it if we have discipline into ourselves.
full member
Activity: 658
Merit: 102
If you are newbie, it is not unusual to experience some losses in trading because you are still learning the way to trade. I had my own share of losses during my early days of trading because of emotions and lack of strategies even though I already knew how to use technical analysis. Every trader need to be patience and stay focus in their trading even they are still learning.
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