Market is going always against me, I have recently selected a coin named Manta in the Binance and when I think for that coin to buy then the coin move forward nd also when I saw it after sometimes the coin jumps from its own position. Then I take a step backwards for waiting for its dip then against it moves forwards more. In this way, it is Nott the first time I have seen it 8 time approximately but it is still not working for me in the Binance for many days.
That's because that coin is still fresh and new to Binance. With that situation of the coin it's really gonna give you a quick movement and you either make it or break it from it. That is what usually gonna happen with coins newly listed on Binance and any other exchanges. They'll give you the excitement but you see to it that they're moving as quickly as they can while most of the traders are on them, trying to make quick gains. But if you stay for so long on it, you'll get stuck. 
Topic: You lose more when you over trade - page 4. (Read 1530 times)
Most Newbies are into trading cause of those internet influencers who's most of time trick people into thinking that trading is a get rich quick skill not actually telling them that it takes time ,knowledge and patience for one to become a profitable trader .Most of the youtubers and influencer's are just out there to sell people their courses or signals to make a living they themselves are not professional traders .Trading takes time ,Knowledge and the right strategy over trading does not help better to wait for the right setup even if it takes weeks to form than to enter a bad trade and lose money most mentors don't tell you that but that is the actual truth when it comes to trading .
Trading can make you rich, but luckily, some people are so lucky that suddenly there is a cycle, they invest money in a coin. Overnight, the coin goes up.
The rest of trading is patience and along with patience you have to learn how to trade and the learner can learn from a good teacher.
Nowadays, fake people are also roaming around in the market so that we can trap someone and those who have their own investment spoil what they have, the truth is that for trading Before you should learn properly and after that you should eat what is the bridge of patience and after eating the bridge of patience you should sell in profit.
Always set targets
Always set limits
If you are someone who are really that too impulsive when it comes to emotion just like on the time that you do gamble then
trading isnt something for you because you would really be just that putting up yourself on such potential danger or problem.
Overtrading is never been good and never been that ideal. Always be mindful on when to stop and when to call it a day.
Stressing yourself or being that too desperate for more income or profits will really be just leading into disaster if you wont really be that careful.
This is why it would really be that normal that you should really be that having those particular limits.
Market is going always against me, I have recently selected a coin named Manta in the Binance and when I think for that coin to buy then the coin move forward nd also when I saw it after sometimes the coin jumps from its own position. Then I take a step backwards for waiting for its dip then against it moves forwards more. In this way, it is Nott the first time I have seen it 8 time approximately but it is still not working for me in the Binance for many days.
Sometimes we gain more when we over trade. I don't know what op really means by over trading in his own terms. Over might not occur to over zealous traders that always want to be in the market looking at price charts and being ready to enter the market at anytime.
We need to be smart because not everything that would work for us. There are some traders that do not know what's over trading because they are always in the market ready to trade and make some profits for themselves. Sometimes loses might be the result but that doesn't change anything.
We need to be smart because not everything that would work for us. There are some traders that do not know what's over trading because they are always in the market ready to trade and make some profits for themselves. Sometimes loses might be the result but that doesn't change anything.
Most Newbies are into trading cause of those internet influencers who's most of time trick people into thinking that trading is a get rich quick skill not actually telling them that it takes time ,knowledge and patience for one to become a profitable trader .Most of the youtubers and influencer's are just out there to sell people their courses or signals to make a living they themselves are not professional traders .Trading takes time ,Knowledge and the right strategy over trading does not help better to wait for the right setup even if it takes weeks to form than to enter a bad trade and lose money most mentors don't tell you that but that is the actual truth when it comes to trading .
Trading can make you rich, but luckily, some people are so lucky that suddenly there is a cycle, they invest money in a coin. Overnight, the coin goes up.
The rest of trading is patience and along with patience you have to learn how to trade and the learner can learn from a good teacher.
Nowadays, fake people are also roaming around in the market so that we can trap someone and those who have their own investment spoil what they have, the truth is that for trading Before you should learn properly and after that you should eat what is the bridge of patience and after eating the bridge of patience you should sell in profit.
Most Newbies are into trading cause of those internet influencers who's most of time trick people into thinking that trading is a get rich quick skill not actually telling them that it takes time ,knowledge and patience for one to become a profitable trader .Most of the youtubers and influencer's are just out there to sell people their courses or signals to make a living they themselves are not professional traders .Trading takes time ,Knowledge and the right strategy over trading does not help better to wait for the right setup even if it takes weeks to form than to enter a bad trade and lose money most mentors don't tell you that but that is the actual truth when it comes to trading .
The most funny aspect is that they think that the more they trade, the more money they make. Trading is not like that, you calculate your loss first before your profit
I think this is the best part everyone should know first, there's no crypto trader that has never experience loss, there's a saying you loss first to win at last, this is just the reality and it's always best to learn from your previous mistakes before starting. Learning has no limit and mostly in the crypto world that has to do with volatility cause times will come when the price will fluctuate and the market most not always be in our favour but we should never try to outshine the market, this are the common things we should know before trading. 
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.
That's right, we will only know that we are learning something if we see an improvement in profit that comes in because of the lessons we learn when we learn trading in this field.
I read something here on the forum that said that crypto trading is not difficult to learn; the only difficult thing is how to get profit from it. Because the learning we get from our studies is that sometimes we think the understanding is correct, we realize that in the end, the understanding that we have made or done in what we are studying is not correct. You know what it means, like performing technical and fundamental analysis, where there is a point in what he is saying.
You are only overtrading if you are using more than o your budget. Whether that is done with logic or not is a different question. Most of the times emotionally charged situations may commit a person to trade more than their budget illogically, this leads to more losses than wins. Hence they should take care to avoid such situations.
Keeping a trading limit can help here. But keeping the proper mindset should be emphasized on. Newbie traders are more susceptible to make this mistake than veteran ones.
Kind of like when you're gambling over the budget right? Always out of frustration because you want to make sure that you're going to get even and so you end up having to add in additional money to spend on trades in hopes that you can get it back with the money but end up losing more because as you've said that it's illogical and emotionally charged most of the time. I don't see a lot of newbies anymore that are making lots of mistakes anymore, I feel like a lot of people have already learned their lesson or that they're most likely trying their best to not set it up to just getting losses, and they all try their best to learn new things and avoid mistakes more than ever I think. Keeping a trading limit can help here. But keeping the proper mindset should be emphasized on. Newbie traders are more susceptible to make this mistake than veteran ones.
That's right, that trading should be done with good planning and momentum, it's not valid if there is no confirmation on the candle even though flash dumps and pumps can happen, I think people are used to the limit order feature if trading on cex, at least detecting the trend like what you are talking about is a good preparation, Fomo is not good because it tends to rush if it takes the current market price.
As the exchange progresses there are more and more features that make it easier to trade.
We know that too much is not good, because too focused on monitoring prices will be saturated and assume price changes and encourage too fast open positions. Actually, if you can trade while leaving the house, it will make yourself fresh and know which point to take, indeed the probability of each person is different but trading with fun brings an aura of confidence in buying and selling crypto assets.
As the exchange progresses there are more and more features that make it easier to trade.
We know that too much is not good, because too focused on monitoring prices will be saturated and assume price changes and encourage too fast open positions. Actually, if you can trade while leaving the house, it will make yourself fresh and know which point to take, indeed the probability of each person is different but trading with fun brings an aura of confidence in buying and selling crypto assets.
Overtrading is a big NO in trading. As long as trading is done with an abuse and is not following already the perfect timing to trade, then trading will result into creating unbearable losses. Some may immediately leave the market for good due to consecutive losses that make them sucked their funds while others are brave enough to consistently face their struggles in trading and eventually learn from it.
Overtrading is never a good option. Instead learn to wait for the market to be favorable to trade and trade only when the market is giving good signals to trade.
There is nothing bad when we over trade especially if we know how to trade and make more profits during the period of over trading. Overtrading is never a good option. Instead learn to wait for the market to be favorable to trade and trade only when the market is giving good signals to trade.
I think some persons do it in a wrong way thinking they can be as experts as the pro traders making huge profits from the market.
We don't have to copy other people pattern of trading not to end up losing big especially if we have not mastered the art of trading very well. There is exceptions to everything we do and we should not be carried away by mere results we see other people having in trading.
This means that by overtrading we should set a limit for ourselves that we have to earn how much in a day or a week or a month that is enough for us. We can bear the loss that we face, the chances of bearing the loss are high and if we didn't set a limit, for example, I want to earn 10 dollars a day, that's all. When my 10 is completed, I should exit the market immediately. And I should prepare myself for the next day target.
In this way our investment will be save and we will out of danger.
We do know that everything which is too much would really be always that hard. This is why it would really be that best that you should really be that mindful on whatever actions that you are making.
Dont make yourself that making overtrading because once you do make yourself having that kind of situation on which its never been that recommendable.
Always set limits and always set those control because over trading is a sign of being that desperate on things on which it would really be that best that you should
really know on what you should gonna do.
Overtrading is a big NO in trading. As long as trading is done with an abuse and is not following already the perfect timing to trade, then trading will result into creating unbearable losses. Some may immediately leave the market for good due to consecutive losses that make them sucked their funds while others are brave enough to consistently face their struggles in trading and eventually learn from it.
Overtrading is never a good option. Instead learn to wait for the market to be favorable to trade and trade only when the market is giving good signals to trade.
There is nothing bad when we over trade especially if we know how to trade and make more profits during the period of over trading. Overtrading is never a good option. Instead learn to wait for the market to be favorable to trade and trade only when the market is giving good signals to trade.
I think some persons do it in a wrong way thinking they can be as experts as the pro traders making huge profits from the market.
We don't have to copy other people pattern of trading not to end up losing big especially if we have not mastered the art of trading very well. There is exceptions to everything we do and we should not be carried away by mere results we see other people having in trading.
This means that by overtrading we should set a limit for ourselves that we have to earn how much in a day or a week or a month that is enough for us. We can bear the loss that we face, the chances of bearing the loss are high and if we didn't set a limit, for example, I want to earn 10 dollars a day, that's all. When my 10 is completed, I should exit the market immediately. And I should prepare myself for the next day target.
In this way our investment will be save and we will out of danger.
A successful doesn't just have a good market judgment but also has a good healthy practice. And over-trading is not a practice by them, it is just for those who are chasing their losses thinking that it could help to recover but not knowing this could also be the reason for incurring more losses.
I have noticed that over trading is the main characteristics of newbie traders and that is because of anxiety, greed, lack of self discipline. These factors will make such a trader to lose his emotion to control his trade. In fact, a new trader barely understand what is happening in the market and only what to chase every candlesticks like his mentor has mentioned candlesticks to him. Successful traders are those who have lost their money over the years and probably learn their mistake that they make and now get better with such experience. I believe a trader who is new and making profit is not yet successful until you have been experienced because at the time the profit is coming, it may be you are on the right trend but if the trend change, that comes the real trade challenge. Patience is important to be a successful trader.
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And those who profited, while hoping for more profit, suffered in the same way. Self-control is a key factor in trading. Over trading means guaranteed loss. A trader must take the right decision in this regard. A trader needs to acquire sufficient knowledge on how to control himself in an adverse situation.
Overtrading is never good, it can make traders lose even though some can still be lucky to escape the losses if they strictly adhere to their trading system and plan, which includes proper money and risk management. But such traders must have a good trading system and plan for this to be possible. However, if more losses are being incurred, it can finally set the order out of balance to cause more losses. This is why it is even good to avoid overtrading entirely for the sake of good trading activities. A successful doesn't just have a good market judgment but also has a good healthy practice. And over-trading is not a practice by them, it is just for those who are chasing their losses thinking that it could help to recover but not knowing this could also be the reason for incurring more losses.
I have noticed that over trading is the main characteristics of newbie traders and that is because of anxiety, greed, lack of self discipline. These factors will make such a trader to lose his emotion to control his trade. In fact, a new trader barely understand what is happening in the market and only what to chase every candlesticks like his mentor has mentioned candlesticks to him. Successful traders are those who have lost their money over the years and probably learn their mistake that they make and now get better with such experience. I believe a trader who is new and making profit is not yet successful until you have been experienced because at the time the profit is coming, it may be you are on the right trend but if the trend change, that comes the real trade challenge. Patience is important to be a successful trader.
A successful doesn't just have a good market judgment but also has a good healthy practice. And over-trading is not a practice by them, it is just for those who are chasing their losses thinking that it could help to recover but not knowing this could also be the reason for incurring more losses.
I have noticed that over trading is the main characteristics of newbie traders and that is because of anxiety, greed, lack of self discipline. These factors will make such a trader to lose his emotion to control his trade. In fact, a new trader barely understand what is happening in the market and only what to chase every candlesticks like his mentor has mentioned candlesticks to him. Successful traders are those who have lost their money over the years and probably learn their mistake that they make and now get better with such experience. I believe a trader who is new and making profit is not yet successful until you have been experienced because at the time the profit is coming, it may be you are on the right trend but if the trend change, that comes the real trade challenge. Patience is important to be a successful trader.
A successful doesn't just have a good market judgment but also has a good healthy practice. And over-trading is not a practice by them, it is just for those who are chasing their losses thinking that it could help to recover but not knowing this could also be the reason for incurring more losses.
I have noticed that over trading is the main characteristics of newbie traders and that is because of anxiety, greed, lack of self discipline. These factors will make such a trader to lose his emotion to control his trade. In fact, a new trader barely understand what is happening in the market and only what to chase every candlesticks like his mentor has mentioned candlesticks to him. Successful traders are those who have lost their money over the years and probably learn their mistake that they make and now get better with such experience. I believe a trader who is new and making profit is not yet successful until you have been experienced because at the time the profit is coming, it may be you are on the right trend but if the trend change, that comes the real trade challenge. Patience is important to be a successful trader.
In trading it is important people gets to understand the limit of how they should trade, and not to spend all their time thinking of making more profit.
You are only overtrading if you are using more than o your budget. Whether that is done with logic or not is a different question. Most of the times emotionally charged situations may commit a person to trade more than their budget illogically, this leads to more losses than wins. Hence they should take care to avoid such situations.Keeping a trading limit can help here. But keeping the proper mindset should be emphasized on. Newbie traders are more susceptible to make this mistake than veteran ones.
More than that, trading also cannot escape our readiness in all matters, including in very sensitive matters, namely money. We must have financial management for trading so well that we forget when we should stop when losses come our way.
In trading it is important people gets to understand the limit of how they should trade, and not to spend all their time thinking of making more profit.
You are only overtrading if you are using more than o your budget. Whether that is done with logic or not is a different question. Most of the times emotionally charged situations may commit a person to trade more than their budget illogically, this leads to more losses than wins. Hence they should take care to avoid such situations.Keeping a trading limit can help here. But keeping the proper mindset should be emphasized on. Newbie traders are more susceptible to make this mistake than veteran ones.
I see your point, trading out of greediness can result to a failure, better to trade when you are well prepared and not just trying to add more with your winning streaks, there are many factors that will affect you, having that kind of confidence which most of the time reflects in making mistake, not saying that you won't succeed but if you are not well prepared and you are just aiming to earn more, it's a risky way of trading and can ends up losing your investment.
usually such trading out of greediness is because to compensate previous lose or we are so sure that the coin we trying to buy are gonna grow within short amount of time honestly if we know that there's something that gonna come up that might increase the price significantly such as news about listing and so on then its okay to be greedy with trading that coin but i think its not fine if we are making decision when we are hot headed because previous lose.I've experienced plenty such thing and always further lose is what I get.
therefore indeed trading with cold head is definitely gonna yield a lot more result than being aggravated into thinking that by going all in we might compensate our previous lose, try to reason then we might find profit at the end of the day.
Anyone who thinks of trading as a business will lose everything. Trading is not a business field. Trading is not a place to make money. You have to come to trading with them in mind. If you are greedy, you will lose everything. Don't think of crypto world as the world of money. You have to understand the market conditions and trade. When the market is unstable, you should refrain from trading, even for a long time. If you trade repeatedly, you will lose everything. Trading should be done with knowledge of own skills and intelligence. Trading cannot be blamed for losing everything through one's own fault. And trading and gambling are never the same. Trading is done with skill and gambling depends on luck.
should not be greedy in trading because it will waste whatever money we have, instead we should trade with patience and complacency,
for example if we take a coin. If it goes down, we should be patient for it, we should not sell this loss In the coming time, our money may go up to two or three times, but if we sell what we have, or if we buy and sell in loss every time then we will make a loss.
That means our profit will be less and loss will be more so first of all we should be patient and not to do trade too much like greedy trade again and again in this condition our money will be safe.
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