Topic: You lose more when you over trade - page 7. (Read 1530 times)

The worst any trader can do is to rush and run over the market when it's not juicy to trade. The market is full of plenty of opportunities but it is not a signal to set up trades. If I pledge my life to trading as a means of survival, most of the times in bear market, I will not trade. I will only be looking out for opportunities to accumulate some coins and hold and then look for another funds to trade when the market is bullish again, most of the time it's easy to make money following trend than trading a coin without anything that is driving it upward, I mean look at the profit Solana has printed this month on the weekly candles.

Not trading is even part of trading as you get to check errors and mistake of other people, as people chase after profits in trading, I don't get tempted and if I see the market dropping badly, most I can do is to open a small short position and look what happen and when I get a significant profits, I will close the position without thinking if the market will slide down further or not, my guilt don't fail me and that's why I don't loss much in trading.

Over trading mostly lewd to big loses if we are not careful of the way we are trading and the strategies we tend to use.
It is quite better for us to trade based on signals from the market rather trading with emotions. Emotion trading is a way for us to lose big from the market. Accumulating trading skills is what will really helps us to benefit from the market. We can achieve and become a good trader when we have learntbt the ways and utilize it to make profits for ourselves.

Setting your target and keep it that way is far better than trying to push for more, most of the time those who over trade losses the opportunity,  as chances that you may overlook the market and instead of gaining  or enjoying the benefits may takeaway from you.  I guess like what you said it's depends from how a person take his position

Personally, I would go with small winnings than become greed and push for more and eventually regret when mistake happen and lose my investment.

Of course, I think planning is already a must-have for all traders, as you said that trading is not easy, therefore with good planning then obviously I think they will not be confused as to when to determine the entry time and exit time. Emotions are always a major problem for every trader, many end up tragically because they don't have a plan and don't have good self-management so when you don't have those two things then obviously you will trade at will, they will be easily fooled by something that looks tempting and they will easily enter without doing some considerations because it is based on emotions especially when they have previously experienced losses.

I think more do not plan trading as your main income especially if you have not really explored or mean not have high flying hours in this field because obviously something bad will never be known when it comes, the name of trading must have profit and loss and I can't imagine when you really need money for needs but on the other hand the market is not in your favor or that means losses are dominating, we must understand that trading requires a high level of calm, and if the situation you are being pressed for money then I am sure you will not be able to focus when trading based on pressure from needs.

Yes, it's all about the correct timing and a good trader should have very high level of patience and control emotions because trading is not like ATM card wherein you swipe in and get cash and I am aligned with the concept that overtrading creates more loss because you do over trading when there are hype or FOMO and when you have lost a t4ade you do repeated trades to recover the lost amount and that's when you go against the basic rules of trading like charts, technical indicators and that's when emotions takes better control over the strategy which results in loses often.

If we only think about profits in the trading we do, of course we will ignore the risks that could occur in the trading we do, we could even make the wrong decision in the trading we do, so it is very important for us to be careful in trading so that we can still control ourselves not to be greedy and also I agree with what you said if we have made a profit of 5-10% from the trading we have done, it would be better for us to enjoy the profits we have made and we can continue it on another occasion, however This really depends on each individual's personality in analyzing the market, whether we will survive to be able to get more profits than that or take the profits that we have obtained.

Yes, I concur to the fact that trading needs patience until you finally starts being successful in it, but what if you don't become successful at the end of the day, I don't think trading is a job as they said, because making profit at all time is not guaranteed or certain, so how will it a sustenance stuff for individual, unless they are just giving instance, trading requires a lot of time to learn, you don't jump into trading because if you do,  you will lose your funds and regret later, I wish I know more about this trading, I would have been happy, is just people tends to talk more good than bad about trending but I don't see it that way because of the little orientation I have gotten so far from a friend, let's trade responsibly because this YouTubers are on marketing so you don't expect them to speak otherwise.

Anyone has experienced such a thing as Overtrade, even me when I first started trading too panicked when the price fell and when the price rose from the forecast then the greedy nature to get a higher price appeared.

This kind of thing will affect the control of trading emotions as well as the psychology of trading will be played with.
When there is no strategy and price reference to be reached, there is no point at which you should stop trading.

Big losses start from trades that are not well planned and there is no good money management to control how much is put in and how much is used for reserves, so there will be FOMO when prices rise dramatically and panic when they fall from the purchase price.


https://centerpointsecurities.com/7-tips-to-avoid-overtrading/

Still, the best is you have your plan, and you are not trading based on your emotion or only when do you want. Trading is not easy especially if you already doing it for a living, you need to focus.
But before that, you need to identify first what kind of trading do you want, how much time you are willing to put in trading, or how much in everyday you will use in trading.

Yep, it is just like a marketing stunt for those influencers to avail their courses and services offered. If trading is easy and can possibly make you rich very easily, why isn't everyone are doing trades?

There are a lot of factors why our trades fail and one of those is the control of our emotions. Traders who lose on trades sometimes didn't get satisfied that's why they over trade. Doing over trades means that you can't control your emotion because you let your self make trades that aren't planned or studied which can result into more losses.

Trading will never be a quick rich scheme as the OP said, that's why we can't believe about the other influencers that show casing their luxurious life brought by trading, because they making trading as easy as it looks to attract a lot of investors that could avail their services but in the end its not that easy, even if they will provide signals with not enough experience and analysis a trader will never wins or gain from those signals, maybe if they let the influencer to handle their account and funds so that they can do the trade, but the thing is the share of profit they are asking is too much, so no matter what you cannot become rich quickly in trading, even if experienced traders for almost a lot of years still can't get rich in trading, yes they can gain money from it but becoming rich is very hard.

Aside the fact that in order to enhanced trading performance, one should trade more to gain trading experiences. But overtrading is already another story. No one can benefit from overtrading, because not all the time that the market is beneficial to trade. There are times that the market is hard to deal with due to its uncertainty, but there are times too that the market is very pleasing to trade.

If you are a good trader, you know how to trade and when to trade, and overtrading is just never a good option.

Actually it is your personal choice, whether you want to trade at any time and under any conditions. If the conditions are not possible in your opinion then don't do it and it's better to monitor. Only you can determine when is the right time to start trading. The more often you trade, the more often profits and losses will come, but as much as possible the profit percentage should be higher. Discipline in any trading strategy will help trade better.

Trading that is done because we want to get rich quickly will not be good where we only think about profits without thinking about the risks of each trade, even when the market supports it, sometimes we still have to suffer, for me a loss of 1-5% and a profit of 5-10% is enough and You have to prepare mentally and capital

Everything must have a proper way of doing them. Limitation should be put on everything because if you go over the limit it becomes harmful. The same thing happens with threading. When you do by the rules it is profitable and the moment you overdo it, it starts to drain all your money.
It is common knowledge amongst the people who know it. Don't make decision when you don't have to. Those newbies are making a loss because they lack the knowledge. They do not have the experience to implement the knowledge for the best outcome. That's why they often fail and blame it on to trading. If they have the proper knowledge they wouldn't do it. So my advice is, learn first and then apply, which will give you the best results.

Overtrading is like abusing your opportunities to trade, so certainly not a good thing to practice. Even professionals still lose on some of their trades if they pursue trading despite of its unfavorable condition. At least, there should be good timing to trade, if not perfect. And patience should always be present in trading, so that a trader will not rush in trading just because of greed. He should analyze first the market well before he decides to trade and assume future profits.

Trading demands skills and strategies in order to succeed. So if you think you have not gained any of these, better not to enter trading.

Yeah if you do something for a long time only for trading the attention decreases so if you take a break for some time you can focus on the work and it is easier to consider the market. Everyone knows that trading involves risk so patience is needed to get good results. Not all coins are possible to succeed. A good market research will help you choose the right coin and know the right time to trade.

Trading Gambling If you continue it for a long time without taking a break, you will lose one time, so the desire to get rich must be kept under control at all times, otherwise you will have to face a big loss. It is possible to make a lot of profit through trading by doing technical analysis but analysis only gives a possible direction it never guarantees profit. So no matter how professional one is he cannot guarantee that every trade will be successful. In this case it is true that one who trades more will also lose more

that is so true. I've seen many of those so-called Youtube traders they even trade in live streams and show that they are making a lot of profit live at that moment. I really don't know if that is really possible or not maybe it  is possible with huge cables. but the sad thing is so many new traders with $50 to $100 follow their paths and end up losing all their investments.
I think they should teach new traders how trading works, and what are the odds and chances of losing and winning.  people see them as mentors they should really live up to that standard.

In a community in this business field, if you know for yourself that you are making a profit in crypto trading because you have deep knowledge of trading, then I think what you say about trade has no space in their thoughts.

If you trade and are hindered in your trading activity, I can even say that you will be able to overtrade, as you say. In short, if you are knowledgeable about trading, you will not lose profit every day for sure.