Why newbies lose huge money in trading - page 10.

ReiMomo

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Quote from: Realgogo on July 21, 2021, 04:32:53 AM

Most newbies lose huge amount of money because, after learning the basics of trading they feel they know it all, they think they can manipulate through the market. But they end up losing big.

No matter what you are thought, you must know this that to be a successful trader, it takes practice and consistency.

New traders are tend to invest in coins where their friends invested and earned a huge profit. Mainly, in recent days, in last quarter, we could see too many investors into trading based on word of mouth spread about crypto currencies yielding good enough profit. Mainly new traders put their money on a coin when that is on its uptrend which is not appreciated. They would always fall into loss and when they see it, they just close off the trade in loss and come out as they are not used to it. Patience is the key to success in every field. Analyse the market and place your orders based on the updates on the coin one is invested.

LongStand

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Newbies lose huge money in trading because they failure to create a sound trading strategy. The other reason is that They have inability to control emotions that influence investment choices. They may not have current market expertise of buying and selling stocks. That's why they lose money in trading.

Helpme_please

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Quote from: nurilham on August 12, 2021, 07:41:53 PM

Many newbies lose a big amount of money because they have lack knowledge and experience. Unfortunately, many of them are greedy. So, they think they can make big profits just rely on luck. In addition, some newbies invest their money just to follow the hype. They don't analyze when the right time to buy or sell, instantly buy when people say it is a good coin. When the price is decreasing, they feel afraid and sell all the coins.

lack of confidence in stepping into a problem for novice traders. when a bullrun occurs, they seem to want the price to go up continuously and don't dare to sell it because greed is in them, but when it's floating minus, they dare to hold it until the asset is reduced by more than half, but still hold on and finally decide to cut loss. things like this often happen and they can't think realistically and logically about the market

Qirtov

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so true. most beginners are still unable to master the basics of trading even though they have learned it. Especially in terms of controlling emotions, they are still volatile with the market conditions that suddenly go up and down. Before entering the crypto world they must really understand first and at least learn to invest with small capital to hone their understanding. It might help. And they must learn to look for mistakes that have been made before so that these mistakes do not happen again

trannguyenbtc

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Probably the main reason - beginners want to get everything at once.
Even when I had good deals, I did not close them in the hope of getting even more, and in the end I lost my money.

nurilham

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Many newbies lose a big amount of money because they have lack knowledge and experience. Unfortunately, many of them are greedy. So, they think they can make big profits just rely on luck. In addition, some newbies invest their money just to follow the hype. They don't analyze when the right time to buy or sell, instantly buy when people say it is a good coin. When the price is decreasing, they feel afraid and sell all the coins.

jossiel

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Quote from: ScamViruS on August 11, 2021, 06:26:56 PM

Quote from: jossiel on August 10, 2021, 05:02:48 PM

Quote from: Ianlanim on August 10, 2021, 11:34:45 AM

In order not to lose a lot at once, you do not need to carry a very large amount for a deposit.

It's normal for practice traders not to have such an amount of capital. It's part of growing as a newbie in trading.

But when a trader already got the experience and understands how he's going to earn, it could be massively or just an amount that he's wanting to earn then that's already going to push him for depositing larger amounts.

If a trader thinks he has enough experience about trading and he can do risk management properly, he can make a large deposit. With a small amount a trader can test his trading skills, which will play a very important role in the future. In most cases, newbies are more interested in making a profit by trading than by developing trading skills! And this is what causes them to suffer huge losses later on. An experienced trader must wait patiently to find the right movement in the market, while a newbie trader will be more attracted to the Fomo trade. So newbies are at a loss in most cases.

Yes.

No one can stop the experienced traders to do what they think is favorable to them. With experience, money and knowledge, they can make as much deposit as they want as capital.

They know how to grow it and they can read the market and do analysis.

BitTraderCute

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why alot traders lose their money no matter beginers or experience they are. trading skills and emotion controlling not going good when they start invest money. trading was not easy like people saw, they think it just need single click to earn money , meanwhile analizing market was so complicated for us. skill ,emotion , risk controlling be main problem for all traders and we have to developt our skill in this part.

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Quote from: jossiel on August 10, 2021, 05:02:48 PM

Quote from: Ianlanim on August 10, 2021, 11:34:45 AM

In order not to lose a lot at once, you do not need to carry a very large amount for a deposit.

It's normal for practice traders not to have such an amount of capital. It's part of growing as a newbie in trading.

But when a trader already got the experience and understands how he's going to earn, it could be massively or just an amount that he's wanting to earn then that's already going to push him for depositing larger amounts.

If a trader thinks he has enough experience about trading and he can do risk management properly, he can make a large deposit. With a small amount a trader can test his trading skills, which will play a very important role in the future. In most cases, newbies are more interested in making a profit by trading than by developing trading skills! And this is what causes them to suffer huge losses later on. An experienced trader must wait patiently to find the right movement in the market, while a newbie trader will be more attracted to the Fomo trade. So newbies are at a loss in most cases.

jossiel

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Quote from: n0ne on August 10, 2021, 07:59:40 PM

Quote from: jossiel on August 10, 2021, 05:02:48 PM

Quote from: Ianlanim on August 10, 2021, 11:34:45 AM

In order not to lose a lot at once, you do not need to carry a very large amount for a deposit.

It's normal for practice traders not to have such an amount of capital. It's part of growing as a newbie in trading.

But when a trader already got the experience and understands how he's going to earn, it could be massively or just an amount that he's wanting to earn then that's already going to push him for depositing larger amounts.

When you master the trading process, you can go for higher investment. Until then it is good to learn what is happening in the market. Some used to invest blind without knowing anything, just thinking it a way to make money. Market fluctuation will be big with cryptocurrency market, people won't understand this and go for high volume trades. When the market turns negative, they won't be able to accept it. Because, it isn't easy to recover the loss all of the sudden through trading.

Yes.

You can opt to get with those higher capitals for those trades that you're about to make. You understand how risky it is and needed to be thought of before committing your trades.

The sense of it is that you won't surprise with huge fluctuations that's normal in the market.

imstillthebest

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Quote from: imstillthebest on August 10, 2021, 08:37:09 AM

to be able to manipulate this market you will need big funds and newbies loose big funds because they imitate being a whale but they loose because they are not that experienced like a real whale that are already in the market for many years .
manipulating this market isnt easy as having a big capital but it takes lots of practice too but before they end up there it would be better if they will start in the basics of cryptos .

Timing in terms of waiting for good opportunities, acting like a whales means you are willing to take every chances that you have with a
good amount of funds that will let you play and ride.

The money to stake isn't small but a very huge and if you have misfortune you can lose everything in hope that you'll going
to collect more using that money.

for a true whale i think it's not that hard for them to recover if they lost a really huge amount ,
they have earned before and they have skills to try again but for newbies that are only starting this can be their last if they will start big and loose .
It's either they will get disappointed for the result or they don't have funds anymore to continue .

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Quote from: jossiel on August 10, 2021, 05:02:48 PM

Quote from: Ianlanim on August 10, 2021, 11:34:45 AM

In order not to lose a lot at once, you do not need to carry a very large amount for a deposit.

It's normal for practice traders not to have such an amount of capital. It's part of growing as a newbie in trading.

But when a trader already got the experience and understands how he's going to earn, it could be massively or just an amount that he's wanting to earn then that's already going to push him for depositing larger amounts.

When you master the trading process, you can go for higher investment. Until then it is good to learn what is happening in the market. Some used to invest blind without knowing anything, just thinking it a way to make money. Market fluctuation will be big with cryptocurrency market, people won't understand this and go for high volume trades. When the market turns negative, they won't be able to accept it. Because, it isn't easy to recover the loss all of the sudden through trading.

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Quote from: rima28 on August 10, 2021, 12:39:52 PM

Newbies lose huse many in trading. because the maney cannot plan of the trade but they make
some mistake that make them lose.

Failing is part of the process of being a successful trader, fyi its not about being new to it or being a pro trader! Fact is no trader got into it and immediately started making profits, we all have to make some losses along the way, moreover very few traders count themselves profitable afaik.

Quote from: rima28 on August 10, 2021, 12:39:52 PM

We always cannot make a lot of mistakes so we are very important is learn for trade .so it's really time to lose some money .cause investment works like that but consistently losing is not healthy means you do not learn at all or grasp a think about trading.

Correct and I will maintain what I know consistency is not easy when it comes to trading but managing your loses is what makes the difference.

jossiel

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Quote from: Ianlanim on August 10, 2021, 11:34:45 AM

In order not to lose a lot at once, you do not need to carry a very large amount for a deposit.

It's normal for practice traders not to have such an amount of capital. It's part of growing as a newbie in trading.

But when a trader already got the experience and understands how he's going to earn, it could be massively or just an amount that he's wanting to earn then that's already going to push him for depositing larger amounts.

Quidat

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Quote from: South Park on August 10, 2021, 02:00:38 PM

Quote from: Xampeuu on August 08, 2021, 02:42:19 AM

My advice is that a newbie should start from investing, and only a little capital is used for trading, so I don't think you will experience a big loss. sometimes there are many novice traders who want to immediately get a lot of money without being based on sufficient knowledge. that's what causes emotional control in trading

While investing should be in theory way easier than trading at the same time it can still produce huge losses for newbies that do not really know what they're doing, and the reason for this is that while in trading you need great technical skill in order to become profitable when it comes to investing you need great emotional maturity, you cannot get scared just because the price of bitcoin is crashing and unfortunately that is not a characteristic that many newbies have, so they can still lose a fortune in the process even if they are just investing their money.

Reading up some theories and apply it on real engagement to gain experience is always been a good tandem or simply its a must thing to do when you are trying to sustain yourself into this market.
Losses is inevitable but with sufficient knowledge and experience then you can actually at least able to handle up yourself into this very volatile and unpredictable market.
You shouldnt expect that you would get perfect trades anytime because there is no such thing for that thing to happen. Do your best to sustain and at least ending up on
positive despite of the losses.

South Park

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Quote from: Xampeuu on August 08, 2021, 02:42:19 AM

My advice is that a newbie should start from investing, and only a little capital is used for trading, so I don't think you will experience a big loss. sometimes there are many novice traders who want to immediately get a lot of money without being based on sufficient knowledge. that's what causes emotional control in trading

While investing should be in theory way easier than trading at the same time it can still produce huge losses for newbies that do not really know what they're doing, and the reason for this is that while in trading you need great technical skill in order to become profitable when it comes to investing you need great emotional maturity, you cannot get scared just because the price of bitcoin is crashing and unfortunately that is not a characteristic that many newbies have, so they can still lose a fortune in the process even if they are just investing their money.

rima28

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Newbies lose huse many in trading. because the maney cannot plan of the trade but they make
some mistake that make them lose. We always cannot make a lot of mistakes so we are very important is learn for trade .so it's really time to lose some money .cause investment works like that but consistently losing is not healthy means you do not learn at all or grasp a think about trading.

Ianlanim

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In order not to lose a lot at once, you do not need to carry a very large amount for a deposit.

Victorycoin

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Trading is not easy trade requires a lot of knowledge to trade you need to understand the impact of market bulls and whales having whales is not easy to loosen for trade this will increase the risk you can trade without understanding the market situation after becoming greedy. Financial markets are very volatile and often unpredictable sometimes, your strategy can make you fail and you lose one learn the tricks of the trade and understand bullshit.

imstillthebest

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to be able to manipulate this market you will need big funds and newbies loose big funds because they imitate being a whale but they loose because they are not that experienced like a real whale that are already in the market for many years .
manipulating this market isnt easy as having a big capital but it takes lots of practice too but before they end up there it would be better if they will start in the basics of cryptos .

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