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Nezar

How to overcome your mistakes

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Fear of error and loss Although it is a negative thing most of the time, but fear has benefits that may be overlooked by many, it is a way to preserve capital, as it creates strong responses at risk that may save capital and reduce the loss by using risk management and still human learns  Of his mistakes, to try to avoid them and not fall into them again.

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Overcoming mistakes when trading that we can do by learning from each mistake is important, because it will be an experience so that it doesn't happen again in the future. Focus on what you have made and try to make the right decisions on each trade. Good risk management will minimize losses when you enter a trade. Over time your skills in trading will continue to develop and you can become a professional trader.

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I think that the most important element that may help the trader in earning profits is experience, and this experience cannot be bought and does not come overnight, but the only way to it is through experience and learning from mistakes. Helpful advice, thank you.

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There is not anybody who born with knowledge, we have a long way on our life where we can do some mistakes and from them, we will learn more. The experience is indispensable in anything we do, in real world or in digital world. But will be better for us to do the mistakes in the first time and with small amount better than after invested a high amount.

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We must learn from the mistakes we make.
We must have enough knowledge and experience about the work we will do.
We benefit from experienced people.
We shouldn't rush.
We have to think well and make the right decisions.

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They say no faultless bird. Of course, we all made mistakes. We can only overcome them if we do not make the same mistake again. In this we must learn from mistakes. We should start by thinking about approaching an event. So we shouldn't act without thinking about the end.

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First of all, we must question the reasons for the mistakes in our work, learn from these mistakes and gain experiences. With these lessons and experiences we have learned while doing the same things over and over, we should minimize our mistakes as much as possible.

A good and sound psychology is essential in trading. In trade, first of all, one should be cold-blooded, think quickly, and make firm decisions. One should never panic. It should not be afraid. Panic and fear easily make people make mistakes.

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This is a very important and good topic. Many see their mistakes as a reason to give up or as a discouraging factor and to be honest, with the way that the crypto market is and crypto trading in general, it is completely natural to make mistakes. In fact we learn more from our mistakes than we do from our successes and mistakes teach us what to look out for and how to adapt to these various changes in the market, especially in crypto trading. Therefore the topic that you have created here is very good in motivating those that have made mistakes to learn from it rather than giving up on it. 

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When working in the field of trading, we must be able to bear risks because not every time we will get profits from trading, and we must learn from our mistakes in order to benefit from them and avoid them in the next times, and in this way the mistakes will be reduced and we will get more profits and less loss

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Everyone in the crypto world makes a lot of mistakes.  So everyone learns a lot from mistakes.  So if we make a mistake, we will find out.  And we can succeed if we can catch the mistake and correct it.  But we need experience to trade. If we have enough knowledge then no one will make a mistake easily by trading.

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There is no human being who cannot make mistakes in this world, we learn from our mistakes, and we also overcome them with knowledge and Science , to avoid making mistakes.

Edited by Maya20
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Mistakes are not actually mistakes unless you allow them to happen again, it's when you make mistakes and take corrections that you will be an experienced individual 

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@Nezar you mentioned the right points that we must try to learn from our mistakes. And that the trading in the cryptocurrencies is very risky so we must take risk to trading as this is the part of the trading. Sometimes we learn and sometimes we lose. We must learn from our losses that are happened by our mistakes. So that next time we will be safe from this kind of loss.

 

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Mistake occurs for our inattention.  Sometimes for simple mistake we fall in bad situations. To overcome from our mistake, we should find out what is the reason for our mistake so that  in future again we don’t occur same mistake. 

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Well, for a person to learn from his mistakes is good, but if he can learn from other mistakes that will be better.

Many friends here share their experiences with us, some of them are successful and some of them fail.

If we are exploring steps that someone failed, then we will definitely fail like him.

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You cannot learn if you don’t do any wrong things.Once you do the wrong then you can come to know that you just did a wrong.And after that you will do your best to do that in the right ways.So it is truely said that man learn from mistskes.

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With experience everything is getting better, unless you are beyond learning anything from your mistakes and repeat them all the time. After time studying and learning how to trade you make correct trades even sometimes that require fast action, these too, although needs a lot of experience.

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If you overcome your mistake so you have to learn first everything about it. If you know all those things properly so your mistake will be reduce. But if you don't have any idea but you create post without any logic so it will be harmful for you.

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To overcome your mistakes, first of all, you have to accept that you have made a mistake. Take time and analyze what factors due to which this mistake happens. When you come to know about the reasons for mistakes and overcome those learn a lesson and move forward. Remember the one who makes mistakes learns a lot

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We all learn from our mistakes and try not to repeat. One repeat, a second, then it is something that we can't keep doing, but there are some that have to put restrain and change the way they are trading or approach the market as gambling is not profitable, some will make a lot for a limited time and then think they will never be wrong. I've seen whales making some mistakes that are unacceptable and they still are discussed a lot and have many thousands following them.

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On 12/7/2020 at 7:18 AM, Raeess Sheharyar said:

In my point of view i think, we should be Learning the lesson from our mistakes, it's same in trading we should be Learning from our mistakes in our trade, be careful and good luck...

Trading can also be difficult, I have trade very well before and yet losing more than my gaining. I do learn but not working. Or maybe I am still getting some things about trading wrongly? I know trading can be good but I am more of a swing trader and holder now because all short term made me failed and see it not as a good option again. 

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On 12/6/2020 at 7:09 PM, setifien said:

The more mistakes you make, the more lessons you take, it's completely normal to make mistakes but you should learn from them how to deal in the future in similar situations

That is just the real fact, experience makes someone better and in the process also avoid what happened in the past not o happen again on the present and future. Experience is what someone needs to avoid past mistakes not to happen again in the future. 

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2 hours ago, Ndakopaul8181 said:

You should understand that everyone was use to make a mistake but we should be understand about how we can be overcome the mistake that we have made because they are very mistake that we need to understand about because we need to understand about what we have made .

But what if the trader correct himself and yet losing while trading. I am very certain of this especially among day traders or those that scalp or margin trade. This is why some people just leave these kind of trade and prefer on long term ones. Wh

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On 12/12/2020 at 10:15 AM, GanBin said:

But what if the trader correct himself and yet losing while trading. I am very certain of this especially among day traders or those that scalp or margin trade. This is why some people just leave these kind of trade and prefer on long term ones. Wh

That is why a new trader need to use small amount of money to trade, there could be series of subsequent corrections before getting things rightly. Also, it is not a must to trade, and he can also choose swing trading or holding later which are less risky. 

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