How to overcome your mistakes

[ArianLp 64]

Excellent recommendations, from my experience mistakes will always be present, it is the only way we can learn.  In trading if you don't lose you don't win either, you have to be aware that behind a badly performed operation there are many factors that we have to evaluate.  Avoiding the Fomo is essential, but very difficult to do, as a rookie I have fallen into the Fomo and lost but little by little I have been controlling it.

[its.cryptologic 163]

If there is one thing I've learned is that if it's too good to be true, it probably is. I have lost money in bad investments but also made money in good ones. I see crypto as a hobby rather then an investment, this helps me not worry about making money and focus more on learning the markets.

[david1974 2]

Do not lose more than we can afford accoring to our trading capital, accept those losses in case our analysis is not fulfilled, do not over trade and above all patience

[mohamed mahrous 1]

With constant learning and questioning of experienced people, as well as patience, the world of cryptocurrencies needs a lot of patience

 

 

 

 

[Yomose 3704]

On 10/5/2020 at 8:33 AM, Whited35 said:

@Digital That's why YouTube has permanently deleted popular Bitcoin presenter's channels. So many channels are still there to spread the false information about tradings. Users have to protect themselves from the scam and the wrong trading suggestions. 

You are right about YouTube deleting crypto channels, it can be due to what you want but it is beyond. 

11 hours ago, dashingman said:

Your all point are 100% right but here you miss one thing which is that always learned a good lesson from your single mistake which helps you in future and you can easily grow in crypto market if you work hard on your all past mistakes which was done by you on trading and after that you feel and see that you will overcoming from your mistakes and doing work like a professional in your work.

Mistake can even be avoided if someone is not greedy and very patient. But some people repeated falling victim of the same mistake. Discipline is needed to avoid this mistakes. 

[Michael0606 861]

Thank you very much for the recommendation. Sometimes we forget how to deal with mistakes, since they will always be there, whatever experience we have, mistakes will come sooner or later, the difference is how we deal with them and learn from them.

[Whited35 15285]

20 minutes ago, Yomose said:

You are right about YouTube deleting crypto channels, it can be due to what you want but it is beyond. 

@Yomose So many crypto channels could be in the hit-list of YouTube to ban. Not only YouTube, Medium platform is also looking strict against crypto related stuffs. So many accounts that have followed medium are now under investigation. 

[bladexx 63]

In trading we will always make mistakes, the important thing is to learn from them so that it does not happen again, based on trial and error we will improve to the point where we can avoid any error in the market or know how to proceed to some unexpected situation.

[lolok 60]

First you have to stop trading after a series of losses or a big loss.
Then you need to change your minds by doing something else, for example a hobby that you like.
And after you need to study your mistakes.
To achieve this it is important to keep a trading journal to improve your trading by reviewing old trades.

[jasinhodpg77 119]

In this world of cryptocurrencies, it is very difficult not to fall into a bad move in the market that does not make you lose a trade. But if there is something that we always have to put into practice, it is that we cannot let our emotions affect us, because to be successful in this, we will always need to act with a cold head and without so many conflicts.

[Salim2000 114]

You overcome your mistakes by learning from them and correcting them. In this field, mistakes abound, and the important thing is to learn from them in order to achieve success in the future. Every beginner must ask questions from professionals in this field.

[rocki 319]

On 7/2/2020 at 4:53 PM, Nezar said:

We are all adults and children, we are constantly exposed and making mistakes, that some of these mistakes are inadvertently, and that most of the mistakes are made by beginners, so I will share some solutions to overcome and overcome these mistakes.
The trading field is full of risks and we must bear in mind that this field contains profits and losses Therefore, we must first learn from our mistakes, as we must learn from all the mistakes we make
Your mistakes: If you are worried about your mistakes, what will you do to avoid them? Focus on what you've done well and always try to make the right decisions
You must manage your risk: The trader should be risky and have a very positive mindset, but the trader may be very focused on making a profit and is not aware that he may lose too. Always accept your losses and learn to avoid them next time
Trading Education: If you learn the basics of trading and develop reliable trader skills, you will not be afraid of mistakes, instead it will be a lesson you need to improve and develop another trading strategy to earn profit and avoid losses. In trading or investing, you must be able to convert your mistakes into learning and development in order to become a successful crypto trader and investor.

If you have anything to add, I hope you can share it with us
 

You write very wisely. If we trade frequently in the cryptocurrency market, loss is an indispensable part of a trader's life. If we learn to accept it, we can turn the loss into a profit in the future.

[Bernardo Brazon 31]

The mistakes are part of life, even in trading. You should only learn from them and not live in fear of committing them, otherwise the same story could be repeated. The main thing is to educate yourself, seek information and learn about the psychology of trading.

[Jaysen0104 536]

you can overcome it by learning from your mistakes i mean if you did something wrong for example in trading you lose a lot of money in that move. if that happened dont do that again dont repeat the same mistake you did decision making is a part of it too its a decision to make if you will repeat the same mistake again or youll learn from it.

[nguyendu1997 140]

Of course, if you are a Trading then there can be no mistakes. If you make more mistakes than make profits then you should review your Trading knowledge and improve your demo account experience. If you are in a good position to trade you need a strong mentality and foundation. Good luck.

[Shaza Ahmad 1682]

A good trader is the one who learns from his mistakes, while the smart trader is the one who learns from the mistakes of others, because by doing so, he acquires knowledge for free, while the former paid for knowledge and experience from his real money.

[SuperCrypto 7193]

The first and biggest mistake that a trader makes in the cryptocurrency trading field is not having a complete understanding of how the financial markets work, as it is often the beginner thinking that just having a good trading strategy is enough. However, they always end up losing their money. The treatment of this problem is quite straightforward in terms of the solution, which is well-educated.

[Omar Ommeish 4872]

The best way to learn is to learn from mistakes because if you know the cause of the mistake that you did, then it is certain that you will not repeat that mistake so that it does not cause you the same losses, and we can also identify the mistakes of others and search for their causes in order to avoid them before we fall into them.

[Ramz99737 1196]

Making mistakes while trading is a foregone conclusion, but what really matters is that you learn from those mistakes and try to avoid them in the future, so you form good experience and knowledge of trading and getting a good profit.

[Penata 324]

Learn from it simple as that because if you don't learn from your mistake you will repeat commiting the same mistake you do before. And it will be hard for you to overcome your mistake. But if you learn from it you can avoid the same mistake you do before.

[Zamani1 17]

6 minutes ago, Penata said:

Learn from it simple as that because if you don't learn from your mistake you will repeat commiting the same mistake you do before. And it will be hard for you to overcome your mistake. But if you learn from it you can avoid the same mistake you do before.

@Penata you are absolutely right mate. Failure to learn from one's mistake will result to one making the mistake again and again which will be leading to failure but the moment one can identify the mistake and learn from it, then one won't end up making the same mistake again. Also we should endeavour to learn from others mistake too and use it correct ourselves in other not to make the same mistake they made.

[KHALED ADWANI 1216]

We can also learn from the mistakes of many other friends who share their experiences with us. Some of these experiences are successful and some are unsuccessful, so we can learn from them all.

[Onden 2098]

I agree with you, overcoming mistakes on every trade will let us learn that trading is fraught with risk and that risk management is necessary to minimize losses. Focus on your current trades and try to make the right decisions. The need for trading education so that we know the basics of trading to get profit from each trade.

[Ammara bano 105]

Waoo it's excellent. Thank you dear, this should taken into account by all those who trading use senice many times people caught many mistakes in starting. 

Thank you 😊 

[pablomarwan 3082]

I agree with you as long as you learn from what you went through and the mistakes that you have made, then you will become an expert not in this field, but your life in general must avoid the mistakes that lead to your loss. This is the real profit even if you gain nothing, but you have learned and may benefit others.