Topic: You lose more when you over trade - page 2. (Read 1487 times)
I can't agree with the fact that people who are new to cryptocurrency trade first and then get hurt and blame it. Nowadays people are quite cautious especially if it is an economic matter. Since trading costs money, most traders must first do a fair amount of research on the coins and knowledge of the markets. But still there is a possibility of loss by trading. Because it is difficult for anyone to be completely accurate about what is going to happen in the future through trading. But still it is possible to profit by trading with small funds. Maybe you got hurt in the first case as a newbie or whatever.
YouTube channels created the idea that you can make a full-time living from trading, and that trading has become a full time job where you wake up in the morning, make 10 successful trades, and make $5 to $50 in each successful trade. And so you repeat it every day until you become rich, which, if it happens, means that you have an amount of big amounts or it is something that rarely happens and is not even available to everyone, so trading requires patience in the long term until you see some results achieved.
Is it easy to take 10 successful trades every day? It is not easy at all. For this you must be quite expert in the field of trading. Trading brings different results for each person and it depends on how expert one is. Now if someone is not a good expert in trading then if he trades excessively the amount of loss will be very high for him. But if one is an expert in trading and has very good knowledge about the market then he can make good profit from trading even if he trades excessively. 
Exactly. Trading most often even if the market does not favor your trades won’t guarantee for your profitability but it may mean the other way around, losing more and making you more frustrated. Just do trading one at a time, don’t be obsessed on profits because that will only lost your focus and attention from your trades.
Not all those who lose in trading are not skillful in trading, but because their greed is high and that their emotions become uncontrollable anymore that resort into wrong decision making.
There are often some mistakes that are made by investors in trading due to which an investor ends up losing rather than making profit. A trader must be aware of a few things especially those who over trade. There are traders who are overly greedy and try to make a profit from every trade. They even use more money to increase their profit margin. Due to over trading they are exposed to rather big losses.Not all those who lose in trading are not skillful in trading, but because their greed is high and that their emotions become uncontrollable anymore that resort into wrong decision making.
A trader should remember that the market is not always favorable to him. He must have a good understanding of the market while taking new trades. There are some traders who trade before doing any kind of analysis and even after losing in that trade, they do not stop it, because of emotion, so the level of loss increases a lot. A trader should not be emotional but should trade after researching the market carefully.
At the beginning, the lesser the better as you can practice the strategy with much deeper knowledge to acquire, you can adjust once you already master your created patterns and strategies.
Yeah, adjustments do come when you've already made yourself master with any strategy. But you can always adjust also when you're trying.Find what suits you best as you trade because every strategy that you know has its own pros and cons and whatever is working for you.
So, to find and adjust with any strategy that you've come up with and together with how you practice your money management will help you a lot.
I get that point and it's true, there are adjustments that can be done while finding what is fit for your kind of trading, if those adjustments made you mistake or let you failed you should take the learning process and try to keep adjusting till you achieved your goals, its not an easy process as you need to assess both the pro and cons and make that changes for the betterment of your journey.
As the topic said, it's better to have lesser positions and learn more about your strategy, compared to put a lot and do like gambling which you are just hoping for luck to back you up, not like a go with a flow trading.
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Someone who trades with 40 pairs doesn't really guarantee more success over someone who trades only 3 pairs, it's more about finding the right one. I think people are putting too much emphasis on silly stuff and forget that they should do something that will benefit them while also making them feel comfortable, if you are dealing with more than you can, that would not be easy at all.
Keeping the portfolio small has its advantage and in crypto this is even more applicable. Because the only few coins worth investing for the long term are bitcoin and a few of the altcoins, this is apt.However going in more shitcoins as they come out of their shit-projects, people will be trading them day and night and only hurt their own health in the long run without any significant profits.
Therefore trade in limits and dont trade just because you have nothing to do with your coins. Have a goal and trade accordingly.
We lose more if we lose control of our trade. It is for the newbies to think that trading success never happens just one day, so we don't need to stay on the computer all day and continue trading. But this is not just time management, we also consider proper funds management where we use to spend our money and trade using potential coins, not these shitcoins. Being guided by what we have to do will save us from major losses and failures. We make a habit of being more careful and think twice before taking action especially when we are still learning as it is not necessarily we have to commit mistakes before we learn.
Fund management could be as or even more important as time management. Too many people spread their money around like it's nothing, you should instead focus on rare but solid trades and that would make you money. There are way too many people who are taking way too much risk with stuff just to spread their horizon, and that is not the best way to trade.Someone who trades with 40 pairs doesn't really guarantee more success over someone who trades only 3 pairs, it's more about finding the right one. I think people are putting too much emphasis on silly stuff and forget that they should do something that will benefit them while also making them feel comfortable, if you are dealing with more than you can, that would not be easy at all.
management + having that emotion control on which these things might sound basic but these are the standard thing on which you should really be having on the time that you would really be dealing up with trading.
Dont overtrade and dont make yourself that being too greedy with those missing trades that you might be able to skip out. Come to think that this market does have that unlimited opportunity
for you to make money but of course this is something that wont really be possible in each in everyone. This is why there are people who are really there are people who are really that
too desperate on trying out to deal up with things.
We lose more if we lose control of our trade. It is for the newbies to think that trading success never happens just one day, so we don't need to stay on the computer all day and continue trading. But this is not just time management, we also consider proper funds management where we use to spend our money and trade using potential coins, not these shitcoins. Being guided by what we have to do will save us from major losses and failures. We make a habit of being more careful and think twice before taking action especially when we are still learning as it is not necessarily we have to commit mistakes before we learn.
Fund management could be as or even more important as time management. Too many people spread their money around like it's nothing, you should instead focus on rare but solid trades and that would make you money. There are way too many people who are taking way too much risk with stuff just to spread their horizon, and that is not the best way to trade.Someone who trades with 40 pairs doesn't really guarantee more success over someone who trades only 3 pairs, it's more about finding the right one. I think people are putting too much emphasis on silly stuff and forget that they should do something that will benefit them while also making them feel comfortable, if you are dealing with more than you can, that would not be easy at all.
At the beginning, the lesser the better as you can practice the strategy with much deeper knowledge to acquire, you can adjust once you already master your created patterns and strategies.
Yeah, adjustments do come when you've already made yourself master with any strategy. But you can always adjust also when you're trying.Find what suits you best as you trade because every strategy that you know has its own pros and cons and whatever is working for you.
So, to find and adjust with any strategy that you've come up with and together with how you practice your money management will help you a lot.
Of course, we should trade only when the market is in our favor. Because if the market goes against us, we will lose all our money. We should always trade after researching the market well. Trading should be done only when it is favorable. Wait for the market to come in our favor, don't be in any kind of hurry, because one little mistake can lose you all. So always trade at the right time, research the market well, think carefully.
Nothing to rush as the market always have it's own time, if you look for the betterment of your trade patience is the key, taking more trade without understanding the possible movement will cause you to lose your investment, there are traders who loves to short the market those are traders who wisely use the momentum, like what you said it's more on how you see the favorable position for your trade and chances to earn will be at your side.
Without understanding the makret run, you'll keep losing or chances to lose your money when taking more trades is possible, while taking one step at a time may give you higher chance to keep your profits.
So I totally agree there’s nothing to rush when trading funds are at stake. Trade only when the market is favorable to you, and trade only when you are certain that the market price movement will not go on opposite direction, because if ever that happens, you just missed another opportunity to make profits in trading.
Correct, trade when you the big potential and not just blindly take your position without doing the proper assessment of the market, a good trader always have that allocated time to review and analyze what might be the possibility, though sometimes emotions can place us in a difficult situation where it rushing us to out our position thinking that the market will be favorable to what we think can the next market run.
At the beginning, the lesser the better as you can practice the strategy with much deeper knowledge to acquire, you can adjust once you already master your created patterns and strategies.
You're making a very sensitive point,this topic cut across all traders.Most newbies don't have any idea about facts in trade aside TA..
But you don't lose more when you over trade,if your set-up shows on the chart and your confluences align,I just believe you keep it simple and know,when,how you make your trades
Rather than jumping on trades that doesn't meet any of your(if at all) approach especially newbies and some traders.But have seen newbies that know what they are doing.Some mentorship programmes are doing great Jobs in bringing up vibrant traders that are built on a solid foundation.
But you don't lose more when you over trade,if your set-up shows on the chart and your confluences align,I just believe you keep it simple and know,when,how you make your trades
Rather than jumping on trades that doesn't meet any of your(if at all) approach especially newbies and some traders.But have seen newbies that know what they are doing.Some mentorship programmes are doing great Jobs in bringing up vibrant traders that are built on a solid foundation.
...
Me I dont trade if the market doesn't come to me, if I don't sees the right setup I don't trade at all, even if it takes a month without trading, it's better for me to wait and be profitable than to lose my capital, stay discipline and be profitable.
Me I dont trade if the market doesn't come to me, if I don't sees the right setup I don't trade at all, even if it takes a month without trading, it's better for me to wait and be profitable than to lose my capital, stay discipline and be profitable.
Trading requires a strategy and the right strategy will definitely appear at the right time. See what ultimately happens to those who don't have a good strategy in trading, they are just wasting their time, that's why it's important to master the fundamentals, the goal is to know for sure market movements and also market certainty, so that the decisions you make can be focused and right on target.
If you are currently focused on trading on a big exchange like Binance then take advantage of the tools they provide, also try using a demo account at the start, you will know how important it is, you have to focus on your trading, use the right strategy for you.
Exactly. Trading most often even if the market does not favor your trades won’t guarantee for your profitability but it may mean the other way around, losing more and making you more frustrated. Just do trading one at a time, don’t be obsessed on profits because that will only lost your focus and attention from your trades.
Not all those who lose in trading are not skillful in trading, but because their greed is high and that their emotions become uncontrollable anymore that resort into wrong decision making.
Not all those who lose in trading are not skillful in trading, but because their greed is high and that their emotions become uncontrollable anymore that resort into wrong decision making.
Of course, we should trade only when the market is in our favor. Because if the market goes against us, we will lose all our money. We should always trade after researching the market well. Trading should be done only when it is favorable. Wait for the market to come in our favor, don't be in any kind of hurry, because one little mistake can lose you all. So always trade at the right time, research the market well, think carefully.
Nothing to rush as the market always have it's own time, if you look for the betterment of your trade patience is the key, taking more trade without understanding the possible movement will cause you to lose your investment, there are traders who loves to short the market those are traders who wisely use the momentum, like what you said it's more on how you see the favorable position for your trade and chances to earn will be at your side.
Without understanding the makret run, you'll keep losing or chances to lose your money when taking more trades is possible, while taking one step at a time may give you higher chance to keep your profits.
So I totally agree there’s nothing to rush when trading funds are at stake. Trade only when the market is favorable to you, and trade only when you are certain that the market price movement will not go on opposite direction, because if ever that happens, you just missed another opportunity to make profits in trading.
...
Me I dont trade if the market doesn't come to me, if I don't sees the right setup I don't trade at all, even if it takes a month without trading, it's better for me to wait and be profitable than to lose my capital, stay discipline and be profitable.
Me I dont trade if the market doesn't come to me, if I don't sees the right setup I don't trade at all, even if it takes a month without trading, it's better for me to wait and be profitable than to lose my capital, stay discipline and be profitable.
Trading requires a strategy and the right strategy will definitely appear at the right time. See what ultimately happens to those who don't have a good strategy in trading, they are just wasting their time, that's why it's important to master the fundamentals, the goal is to know for sure market movements and also market certainty, so that the decisions you make can be focused and right on target.
If you are currently focused on trading on a big exchange like Binance then take advantage of the tools they provide, also try using a demo account at the start, you will know how important it is, you have to focus on your trading, use the right strategy for you.
New users who plan like this definitely lose more in trading. You should never expect to get rich by trading as it can backfire at any time. Every day when you train you must take risks and when you take risks you must lose and be emotional. Although experienced traders lose less but new traders lose more money it is only due to their experience and understanding. Your money is at risk when you invest in a sheet coin in trading, and most new traders think that trading such coins is a quick way to get rich. So those new traders better avoid such schemes and should never take such risk but when an experienced trader he can surely make good profit.
Sometimes they are too excited to hear stories about people who are successful in trading, but they don't know about the traders' struggles to reach that point. So, they think that trading is easy, and they can quickly get rich. However, the fact is that this is a very difficult thing. Even people who have been trading for a long time can make mistakes and suffer losses. It's just that, they won't understand until they enter the world of trading. Because of this, many people give advice to use a small amount of money for the first time when trading.on which this would really be acting some kind of boost up. Its not bad on making it as an inspiration but in the sense that you are already that exaggerating those kind of approach then this is something
that would really be ending up on a disaster. This is why it would really be that better that you should really be knowing on how to do things works and how it do behaves.
When you do make trades, then always set those buy and sell limits on a particular preference so that whenever those orders hit or filled up then it would
be that an advantage for you. Rinse and repeat. Sounds easy? No its never been that easy and this is something a specific skill that you would really be
needing to do with.
Sounds easy? That's how influencer allure those readers and viewers as they will show you their success but you won't see most of them to share their failures, only those serious speakers who really cares about those people who are following them, but for those who are just aiming for money they will keep pushing you to use their referrals and start your journey even you don't have the knowledge and not yet been equipt to start your venture to this business.
Moving back to the topic, overtrade most of the time happened because of emotions, you either experienced losses or might be a win that you want to repeat but chances to failed if you didn't put your limitation and your proper settings may take place.
New users who plan like this definitely lose more in trading. You should never expect to get rich by trading as it can backfire at any time. Every day when you train you must take risks and when you take risks you must lose and be emotional. Although experienced traders lose less but new traders lose more money it is only due to their experience and understanding. Your money is at risk when you invest in a sheet coin in trading, and most new traders think that trading such coins is a quick way to get rich. So those new traders better avoid such schemes and should never take such risk but when an experienced trader he can surely make good profit.
Sometimes they are too excited to hear stories about people who are successful in trading, but they don't know about the traders' struggles to reach that point. So, they think that trading is easy, and they can quickly get rich. However, the fact is that this is a very difficult thing. Even people who have been trading for a long time can make mistakes and suffer losses. It's just that, they won't understand until they enter the world of trading. Because of this, many people give advice to use a small amount of money for the first time when trading.on which this would really be acting some kind of boost up. Its not bad on making it as an inspiration but in the sense that you are already that exaggerating those kind of approach then this is something
that would really be ending up on a disaster. This is why it would really be that better that you should really be knowing on how to do things works and how it do behaves.
When you do make trades, then always set those buy and sell limits on a particular preference so that whenever those orders hit or filled up then it would
be that an advantage for you. Rinse and repeat. Sounds easy? No its never been that easy and this is something a specific skill that you would really be
needing to do with.
New users who plan like this definitely lose more in trading. You should never expect to get rich by trading as it can backfire at any time. Every day when you train you must take risks and when you take risks you must lose and be emotional. Although experienced traders lose less but new traders lose more money it is only due to their experience and understanding. Your money is at risk when you invest in a sheet coin in trading, and most new traders think that trading such coins is a quick way to get rich. So those new traders better avoid such schemes and should never take such risk but when an experienced trader he can surely make good profit.
Sometimes they are too excited to hear stories about people who are successful in trading, but they don't know about the traders' struggles to reach that point. So, they think that trading is easy, and they can quickly get rich. However, the fact is that this is a very difficult thing. Even people who have been trading for a long time can make mistakes and suffer losses. It's just that, they won't understand until they enter the world of trading. Because of this, many people give advice to use a small amount of money for the first time when trading. 
New users who plan like this definitely lose more in trading. You should never expect to get rich by trading as it can backfire at any time. Every day when you train you must take risks and when you take risks you must lose and be emotional. Although experienced traders lose less but new traders lose more money it is only due to their experience and understanding. Your money is at risk when you invest in a sheet coin in trading, and most new traders think that trading such coins is a quick way to get rich. So those new traders better avoid such schemes and should never take such risk but when an experienced trader he can surely make good profit.
Not just trading most of the time new crypto users rush into trading or investing as they change their money and become suddenly rich. In fact, loss is when an addict makes you drunk with the addiction of getting rich. I took a lot of losses from trading in the beginning but I gained a lot from investing. I would never rush into the crypto market so the calmer your mind is the sooner you will turn to profit.
We lose more if we lose control of our trade. It is for the newbies to think that trading success never happens just one day, so we don't need to stay on the computer all day and continue trading. But this is not just time management, we also consider proper funds management where we use to spend our money and trade using potential coins, not these shitcoins. Being guided by what we have to do will save us from major losses and failures. We make a habit of being more careful and think twice before taking action especially when we are still learning as it is not necessarily we have to commit mistakes before we learn.
We do know that once we are still that a noob then we wont really be needing to waste up too much time but rather we would really be focusing more on making money and profits on which we do able to forget even with those basic steps that needs to be followed. Overtrade is caused neither by having those winning and profitable trading which ends up on having that greed correlated or it would be something that tending to have those kind of trying out to recover their losing trades via trading more on which we know that it would really be that similar to gambling on this kind of set up on which it is really just that common approach for those people who dont have to be able to experience the worst of trading risks too.
Its always been ideal that you shouldnt really be making those overtrades which do comes up with those kind of emotions on which we do know that it could really be putting up some
effects into your overall trade because once you do find yourself that desperate then you are really that prone into more losses as you cant really be able to think up
well because of having those kind of wrong assumptions towards it.
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