Topic: You lose more when you over trade (Read 1487 times)

Well I think if they will share everything it will be better,  as viewers and followers may have the right insight within the business,  if that can easily done then we may see a pot of successful traders compared with those who lose a lot of money from this industry,  we know by the fact that it's not easy to predict the next possible market movement and even how hard you do your research chances to fail is uncontrollable,  better not to over trade and take time dealing with your research enjoy the learning and avoid being greedy it helps a lot to maintain the momentum and to keep your composure.

Business is an organization where there will be ups & down. Sometimes profit sometimes loss and patience works like a strong warrior to recover this loss. A businessman after investing in a project realized that he had a loss in it. But because of this loss, if he does not have patience and does something on the contrary in which apparently he thinks it is beneficial but in reality it causes damage again like morichika. That's why you have to move forward with your own experience in trading.

I think this is a bad idea and many people believe it so they lose a lot. They only show what people like (making easy money) and don't explain the risks of those activities. Even though trading requires a lot of preparation. Entering without preparation was the same as walking in the darkness of war, impossible not to die. I really feel sorry for the people who lose money by following promotions and content like this. Ordinary people are very easily lured by the idea of ​​making money quickly so many are fooled. They easily believe what others say without asking how to do it right. They are lazy to practice and study, and I think this world is not for them.

thats the disadvantage with daily trading and overtrade basically missing the most obvious sign of bullrun just because they keep going and trading there's certain time where we should be taking a break look at the market condition and figure out whether its better to daily trading or to just invest, in this case just investing and holding wins at the end of the day, there are plenty daily trader though they are having good profit from the market rally but certainly lesser profit than those that holds.
this is also the reason why i'm thinking of quitting trading aside from the mental exhaustion that i'm having doing trading investing seems to yield better profit at the end which just kinda defeats the whole purpose of daily trading to get as much profit as we can.
somehow people who invest get more profit than people who does daily trading because the daily trader always taking that little margin of profit as their profit and call it a day.
overall trading just doesn't seem like interesting business to me anymore.
but some people might favour trading because they don't really have the patience to wait, waiting can be a really boring thing for people out there and they want some adrenaline so I guess why people sometime prefer trading over investing.

Even if you are experienced, you are really that prone or really could be able to experience loses on which we know that this is something which is inevitable. This is why on the time that you do step your foot into this market then it would really be wise that you should really know on how to deal from it. Over trading is something which is really a common mistake for most people because they would really be trying out to catch up something on which we know that its not really that recommended.One of the most important thing that you should consider is about having that risks management which includes on having that limitation on what are the things
on what you should do. Everything should really be having that limitation if you do really want for something that less risks but of course it would really be always that a part.

YouTube is a place of entertainment and here some content creators create and publish different types of content that attract us a lot but talk in a manner that sounds like trading is very easy. But when you actually start trading yourself, you will realize how difficult trading is.  So the more you trade, the more you will lose because there is a lot of risk in each entry. So if one sets a specific target like 5-20$ daily profit then he can avoid over trading.

Well the all time high was hit and then correction happened after you made this post. But at this point the recovery towards the all time high is happening and bitcoin is at 68k USD and dropping, so definitely the bulls are trying to take over but they are being taken over by bears. So if you friend has coins to sell, this is also a good time to sell if they missed the all time high.

I guess his portfolio was mostly altcoins? Because bitcoin did not drop by that much but altcoins sure did. As a member of this forum you should advice him that when the bear market happens, put 95% of his crypto-allocated money into bitcoin and then see how it goes.

I got a complaint today from one of my old friend he was just telling me about how he is upset consigning bull run because he is not participating on it. He planned a lot about this bull run that he is going to make much profit from his coin after set and done I advise him that OK you have to hold and wait for the bull run  time which is not too far from now he couldn’t listen and he continue making day to day Trading over trade every single day you go into market. Lastly, he lost about 95% off his portfolio. he got upset and he thought that he’s not a good thing. I told him it’s just his experience. Yes overtrading is not really good sometimes.

Those who have little knowledge about trading will certainly experience losses on the trades they make and will drain your savings if they continue to trade and it would be better to learn about trading first so that we can reduce the risk of losses on the trades we make after we learn. then we can try trading again and start with an amount that we can afford.

Yes, you are right that having a little knowledge about trading will make us unable to make a profit from trading and we have to keep learning about trading even though we can trade well, because many of those who already have good experience and knowledge are still learning about trading in order to can avoid losses in trading.

Trading is not about trade more and win more but those who are expert if trade more then they win more but people with less knowledge when enter into the trading so the more they trade more they will loss money.

It is necessary that if you are lossing regularly due to lack of knowledge and don't know about trading skills then stop trading until you identify the trading strategies and know how to get profit from trading.
 
For trading you will learn well and little knowledge will not help you to earn more even as a trader there will be certain things that you will experience for the first time so learning does not stops after entering into the trading market.

Those that have potential skills towards crypto trading are the ones making huge amount of income on the time from the market, because they know when to trade to bring out income that will motivate them to continue use the same tactics that is bringing the income. But when you lack the knowledge of cryptocurrency trading, it will be very difficult for you to experience winning in your trading because there are some things that will not make you to get it right which are lacked of potential knowledge to hold up to in the market. If you are not good in long term trading, you can make use of short term trading and it can help you to make income that will make you feel good.

its more of combined knowledge and skills usually what determine a "skill" in trading anyway, if its cool headed decision making im sure its not skill but due to experience, they already used to making decision in trading and not get distracted easily.
the thing is that trading is usually knowledge and luck, sometime we can be following the most basic principle of trading that is buy very low sell at high we might be buying at the lowest point there is and suddenly bad news about the project drops such as law suit well too bad the bottom that we thought already the lowest point ever for certain coin turns out there are more dumping due to the bad news.
thats what im talking about many factors that could influence the market such as bad news and many more and such thing can't be controlled it depends on our luck.
people that are unlucky enough to have invested in luna back then doesn't even have idea their coin could drop that low.

We need to learn how to anticipate but as the title of this post, you'll lose more when you over trade meaning that if you don't plan properly and you just been move by your emotions, the chance that you can lose your position is possible, you need to work with your knowledge and keep adding more idea on how to anticipate the possible market run, with that knowledge, you can continue placing your position with a good confidence that the market may favor you.

And with that kind of patience, you can hold if you see that the market is not moveing according to your plan, just patiently waiting and try to stay calm if ever that the market is not being good to you.

Some traders especially those who are new into trading would like to believe that, having more frequent and regular trades increases your chance of profit. Well the truth is, it might be the case for a very experienced few but for majority, the case would be very different towards the negative. Being in the market too often is an adrenaline drive that brings you more closer to letting emotions come into your game.
It messes up your trading plan as you’re likely going to find yourself not making proper analysis and often jumping into conclusion without a thorough view of what is in front of you.
You wouldn’t escape what that patience would have let slide by you, you just end up taking wrong trades and having your SL kicked every time.

This is the time crypto trading is becoming easier because the market keeps gaining liquidity and the market is becoming volatile that what we expected. This the bull market we had been waiting for and it is cool that many traders are going to make money if they are not against the trend. We need to keep trading according to the trend because that is one of the ways we can keep making money from the market as traders. We need to be prepared to earn more from the market.

correct, i am not well experienced in the crypto trading market but i understood some factors as you said that without strong knowledge trading is huge risky and must be money will be lose at the end of day, lack of skill there are no way to make profits and survive here. and patience is playing a big role to make a successful trade.

well in my opinion losing to our emotion which means doing some fomo thing when we are greedy or at the very least feeling greedy and this change the decision in our trades only means that such person isn't realy skilled.
emotion is really what holding most of people from making profit, in fact many are refraining from investing when the prices were low because they afraid, even though logically thinking since we've hit the very bottom the only way is to go back up but people thinking that bitcoin doomed few years ago and decide to refrain from investing or at least trading it meanwhile thats not true at all.
thats how emotion really affect us in making decision.

consequently any trades made with emotion influencing it will definitely end up bad even if there's some that doesn't end up bad but they are all because luck and we don't have the day in caleneder where we can figure out at what time we gonna be unlucky it only take one loss trade with high leverage to turn around our financial condition from normal to bankruptcy with these unwise trading decision.

The kind of people that usually makes the trading mistake is the new traders that just came in into the ward of Trading, if you come across such people, don’t hesitate to guide them and try to let them know the step to take if you have some experience you teach them Tell them to calm down guide them on how to take risk, at least we will have a few basic knowledge that will also enable them have the basics knowledge. trading is risk definitely because you may lose more than what you think that is why it is always advisable for a beginner trader to start trading with what you can afford to lose. It is always good to grow your money from scratch to the top, but most people actually want to get rich quick so they may decide to put in big money into trading may actually be there only money or money that is really important, if they have some losses during the process, the call Trading a very big risk , or they may not even have interest on going to Trading, because of what they have lost, and they will speak bad against Trading, and discourage some other beginners based on their experience, which is their mistakes, if you come across such person or you need to do is to let them know the basics try to calm them down not to take a very big ricks. Trading is always a calculated Tricks. Yes, it is a ricks, but it has to be calculated very well for you to succeed.

What you mention and say is easy to say but hard to do if we know ourselves that our knowledge of trading is not that good. Trading really requires time and effort, which is why we need to absorb what we learn here.

Also, trading does not require you to spend a lot of time just to monitor it, although I am not saying that it is a bad way. That is not what it means to say; instead, we really need to devote proper study and investigation to it.

Traders will always see opportunities in all circumstances, which is why the market continues to run even though we read bad news about crypto which will possibly make market movements quite wild because the direction is unpredictable.
You may remember that in the case of FTX or UST, the market continued to run and there were still traders who remained in this market because they saw the opportunity for a bounce even though it was just speculation and would lead traders to losses because the market was unpredictable.
In my opinion there is no such thing as too much trading there is only a trader who uses money he can't afford to lose so it gets frustrating when he loses, and only trade because of speculation so it looks like gambling.