Topic: You lose more when you over trade - page 6. (Read 1487 times)

I don't agree with you, trading is such that can be done full-time, and as a matter of fact, some people do this and they are successful with it. Let me first say that when you know how to trade and fully understand the rudiment to the extent that you have been making consistent money for months and years, I don't think you should be afraid again, and by that time, you must have been making multiple times of what any job could give you. So why waste your time and life? It is because trading is risky and most people are losing through it that is causing the fear. But once you know it, you know it.

Fine, in the beginning, I expect everybody not to expect too high of the market trading, nonetheless, when they eventually get the code that unlocks its success, why not? Trading is a passive income means if I must buttress my point, and I tell people to view it as such too, that is not because it can't be a source of a living, but because I wouldn't want people to have too high hopes in it from the beginning that might cause issues on their mental state while trading. But really, many are trading alone for real and trading in Bitcoin is the cheapest I have ever seen. Many will continue to make their best out of it and get to be successful easily if they have found the code that unlocks it. For this, I see not many issues here, just give it all it takes and you will be just fine.

It's not wrong if done by beginners. it even seems natural for beginners to make such trades. but it's not recommended. especially if a novice trader has no one to direct them or friends to help them. it can be very bad when a trader chases a win in a series of losses that have already been earned.
traders must have control over when they should exit a trade and when they should continue. The target is still profit, but we cannot avoid losses if what we do ends up not being in accordance with plans and expectations.

Yes, many newcomers get into cryptocurrency with the mindset of getting rich in a short period of time. They don’t think of getting a deep understanding of the market, including the risks and how to manage them. It's very important for everybody getting into the business to understand the market before they start what brings them here, whether trading or investment, but they have risks, and those risks must be known for someone to be a successful trader or investor.

However, they think overtrading will help, which is wrong. A knowledgeable trader doesn’t need too much I or F trading before they get profit or take advantage of the market; they don’t have to chase the market; they need to wait for the market to change in a positive direction so that they can get what they want, although I can’t blame them much because of all the knowledge that they lack. However, I think they should learn deeply so that they will get what they want.


But you know losing in trading is constant, whether you like it or not. You must lose in trading unless you will not. However, the only way to manage the risk is with skills and technical analysis so that you can be able to manage the market and take advantage of it. But just because you are not trading anytime doesn’t mean you are managing the risk that involves it. Maybe you don’t have money to trade or you are still learning and you don’t want to get deeply into it without the knowledge.

If this situation occurs, traders should start to learn that there is something wrong in the analysis or asset selection they are doing.
Sometimes traders have the feeling of chasing profits when they experience consecutive losses. of course that is a bad choice because the situation will only increase losses because trading like that is not recommended.
however, traders are sometimes too eager to trade every day. especially if they are beginner traders. they have a lot of interest in a lot of assets and they want to try them out.

What trading needs is a continuous practicing, I understand that in trading their is one of the important thing in trading and I believe that in trading you have to understand the scope or concepts very well before you venture into trading, one of the barriers that makes people or newly traders to lose in trading is as result of lack of understanding the rudiments,  making profits in trading is due to your engagement and your seriousness and inability to enter trading market when you are supposed to enter market.

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.

Nothing is wrong only if the trader understand how things works, though most of the time, overtrading is because of greed, instead of quitting or calling
for the day and enjoy your profits.

Some traders insist to try for more, thinking that they will continue to make more winning positions, and if by bad luck, all those new positions will be
wipe out as the direction of the market eventually didn't favor your assessment.

Always have that set target and enjoy instead of regretting if you miscalculated the possible market directions.

That means that no one's going to make profit with trading because you've said either old or newbies.

Overtrading isn't bad at all but I also understand that there's no need for a trader to go and overtrade when he's already in profit. With that means to say, when someone who doesn't have enough profits yet.

They will overtrade because that's what it means to them until they reach certain profit that they're targeting.

I somewhat agreed with you that, for someone who is well-versed in trading, additional trading will never result in financial loss; however, the reality is that, if someone engages in excessive trading, they will not have enough time to conduct adequate research. For this reason, I believe that, regardless of trading skill level, excessive trading can lead to financial loss because it takes time to thoroughly investigate any coin that a trader wishes to trade. Therefore, refraining from overtrading is the best method for someone to enjoy trading.

Trading should not be considered as a full time job, because you cannot depend on bitcoin Trading alone because when you depend on it, you might lose for the Trading and their is every possiblity that you might fall totally, its better we diversify our source of income and it's good that we should not depend on a particular business that brings income, so if you are a trader do not hope that your average profits can continue to sustain till eternity

Therefore, using money that is not needed when the situation is urgent will be very good because it will not interfere with ongoing main investments.
Allocate the money only for investment and if you have reserves that would be even better. I always adhere to this guideline, so that personal money and investment money will not mix and there will be no sales due to urgent needs.

there are many traders who lose because they are too impulsive in trading, many even do not rest for hours, eat and drink late, this is what actually makes their minds confused, gambling must be accompanied by a good lifestyle, so that it is regular and also get enough rest ^{(8 hours a day)} if don't do that then it will be impossible to make a profit in trading.  Trading is an activity that involves playing with money, the slightest mistake will cause us to lose capital, overtrading is never good for a trader, stop at the right time, and the trading hours are reasonable, don't ever think that the more we trade in 24 hours full then we will become rich, that's a wrong idea.

I saw where someone wrote that trading is a job, I thought about this for a while but I couldn't have enough insight on this, how will you be confident with something that is programmed without knowing the tricks involved, I don't know much about trading but I know that trading is not for people who feel that they can come immediately and start making money, I think every has a process and that proceed has to be followed for one to be successful in that field, in trading I understand that you must lose to learn, because before you master a movement, if not, you will continue to lose.

It is still possible to make a profit if you can do extra trading. Those whose profession is trading always read about the market and their goal is to trade at the right time. They are professional traders and their work is trading so trading is never superfluous for them. If you don't know about trading and even if you do small amount of trading then you are more likely to lose because you don't know about trading. Overtrading I really don't want to accept this. You have the skills you have the ability You can definitely trade and the more you have the skills the more likely you are to make a profit.

Acquiring the right knowledge gives you that edge to anticipate, though it's not as accurate as it can be, but you can use it as basis before
positioning your trades.

I agree that when someone make that move during the bear season and wait till the bull season take place, the amount of possible profits is decent.

Just work with your research and study to pick the right coin to invest your money, your knowledge is your key to
find the right project to invest.

Old people or newbies can never profit through over trade because over trade will lead to losses for most traders depending on the market dynamics you have to invest there will be times when investing in the market will have a 99% chance of loss. To become a good trader, you need to master trading skills.

Investing in the market requires skill and strategy to be successful so if you feel you have not learned anything about trading then better stay away from the treat.

Investing without knowing this knowledge about your trade is more likely to result in loss.  You need to understand when to trade and when to sit patiently, it is better not to come to the trading platform without knowing these.

Once you acquired the knowledge of cryptocurrency trading, you will discover that there are some things you will see in the market during the bearing season that will make you not to rush to sell your coins than to continue buying and wait for the bullish season to come before you can trade to take income from the market. If you want to earn a huge amount of money from your trading, do everything possible to ensure you hold that coins like three or four years before you can trade to make plenty money. Well, as a newbies you can trade once the price of crypto increase little to take a profit from the market and wait again for the price to decrease before you can buy again for another bullish season to come.

Absolutely, almost novice traders are always motivated by excitement and the need for quick money, see cryptocurrency as a way to get rich quickly. They overtrade as a result of this misperception because they anticipate rapid wealth. But as with any market, the ultimate secret to success with cryptocurrency is to choose quality over quantity. Rather of being the result of rash trade, deliberate, well-informed judgments yield sustainable gains.It's crucial for newcomers to shift their focus from quick gains to developing a deep understanding of the market, adopting a patient approach, and making quality trades. Long-term success in crypto requires diligence, education, and a disciplined investment strategy that goes beyond the allure of rapid returns.

thats right sometime some people that overtrades are those that trying to make up for their losses in previous trade thinking that they somehow might score big this time around because they already incurred lose before.
I dont agree with such trade out of getting tilted honestly, such thign are always the one that cause people to lose big in trades.
i've had my share of trading and when thing are going unexpected i'd just try to be calm and take the best decision there is, cut lose if necessary if the market showing to be grim all time around and just wait it out if the market is still looking good anyway but i would never just trade to make up for my lose because thats one step closer to bankruptcy.
cool headed decision making in trading is the biggest factor that could determine whether we can be trading and be profitable or we just gonna outright lose our money in the future.

Trading is not something that can be done always. There are some market conditions that are feasible for the trading and experience trader should know which conditions are best for the trading and what are the times best for trading and identifying those times when staying away from the trade is more than beneficial.

Remember getting profit from trading is secondary thing , saving your capital from the losses should be the primary focus for the traders.