What brings failures in trading?

[pablomarwan 3082]

These points are important. Maybe we make these mistakes, but it does not mean that you will repeat the ball again, meaning you must work to avoid repeating it. Mtala when he spoke of greed, this issue falls to almost everyone in its infancy, as the path on which it depends depends on how that has become trying to win a lot and an increase in its investments until it loses.
Also try to gain knowledge before you start trading because you will not speculate It will depend on fundamental and technical analysis

[Babubu609 0]

On 6/18/2020 at 10:23 PM, pablomarwan said:

These points are important. Maybe we make these mistakes, but it does not mean that you will repeat the ball again, meaning you must work to avoid repeating it. Mtala when he spoke of greed, this issue falls to almost everyone in its infancy, as the path on which it depends depends on how that has become trying to win a lot and an increase in its investments until it loses.
Also try to gain knowledge before you start trading because you will not speculate It will depend on fundamental and technical analysis

This are natural instinct to all human being we all make mistakes but we don't oftens want to learn from it instead we give up directly without thinking of what best to do after making that mistake and that was very bad idea.

[Sugibengi 390]

On 4/22/2020 at 4:54 AM, Babubu609 said:

There are many reasons that brings us failure in trading. There are so many of us here and outside the forum that experience failure in trading and they couldn't get to understand why they always fail and couldn't able to make it in trading. I cross through this problem and I found it very much intresting to help some of us that are into this problem and those that are yet to fail into this problem.

This problem of which I observed and investigate in are:

 

1.  Taking risk: many of us find it very difficult to be a risk take were at any point a Bussiness individual or firm must take risk or be a risk taker because he might be expecting profits and at the same time loss but his full expectation must be at  getting profit.

 

2. Rush: we sometimes rush into market when we see misfortunes that looks like opportunity we put our money and end up losing them because you can end up depositing your money in a wrong market or wrong address.

 

3. Greedy: there are many of us that seems to be greedy to meet up their need even when they see profit they will not grab it think that it will rise and later it fails and you end up losing that opportunity due to greediness.

 

4. Confident: you should have confident in your trading make sure you are sure of what you are trading.

 

5. Self reliance: believe that you can always make it don't wait for someone to show you the right thing to do believe that you can do it do research know well about what you are doing get the knowledge.

 

6. Knowledge/ ignorance: this was the worst part don't hear story or news about trading and pack all your money into trading were you don't have the knowledge of trading this will lead to failure.

 

There might be more reason I didn't include you can share some more reason to help others out of problem. Thank you

I agree with you that many factors that cause trading failure, in my opinion rush and panic in trading is one factor that is often experienced by many people, including beginners and professionals, because the price of bitcoin is uncertain and uncertainty makes panic and traders will experience failure, here it is very important to take lessons so as not to experience failure again in the future.

[Whited35 15285]

@Babubu609 I do not admit myself to say like I am an abnormal trader but I never listen any sort of media hypes and advises from the so called experts but still getting benefits in the most of the cases while trading cryptocurrencies. I think major cause for excessive losses is due to overconfidence. 

[Babubu609 0]

3 hours ago, Whited35 said:

@Babubu609 I do not admit myself to say like I am an abnormal trader but I never listen any sort of media hypes and advises from the so called experts but still getting benefits in the most of the cases while trading cryptocurrencies. I think major cause for excessive losses is due to overconfidence. 

That is very clear loss of confidence is also a major problem that causes lot of failure in cryptocurrency especially in trading.

On 6/25/2020 at 5:25 AM, Sugibengi said:

in my opinion rush and panic in trading is one factor that is often experienced by many people,

Thank you for adding up some factors here I ham learning from you too you right I sometimes fall into this factors when I rush into the market with the aim to earn before the market dump but instead to see the market falling it keeps rising.

[Dark_Sky 8489]

On 6/24/2020 at 7:10 PM, Babubu609 said:

This are natural instinct to all human being we all make mistakes but we don't oftens want to learn from it instead we give up directly without thinking of what best to do after making that mistake and that was very bad idea.

When we experience mistakes don't try to surrender easily, make it an inspiration to love and continue what you doing. 

Just think for your goals and other beautiful possibilities that may happen when you never surrender. 

Just pursue what you really want. 

[Babubu609 0]

3 hours ago, Dark_Sky said:

When we experience mistakes don't try to surrender easily, make it an inspiration to love and continue what you doing. 

Just think for your goals and other beautiful possibilities that may happen when you never surrender. 

Just pursue what you really want. 

Yea that is true mate we don't need to give up for just making a mistake but to struggle more and also learn from that mistake that motivates you and give you sign for a successful journey.

[Projectcrypto 4382]

This topic has actually mentioned and explained some of the factors that lead to failure in trading field but I think one important thing is left out of this listed factors and that factor is "purchasing the right coins". There is high possibility that one can fail in trading if he/she doesn't choose good coins that have potential in the Cryptocurrency marketplace, so let take note of that because to me it is the main key to success in trading.

[estee369 489]

90% its fear and greed. Many people close the trade too early because of fear and many wait too long for greed. Both needed to be removed from out mind when trading and wait for the opportunity.

[TheRaed 1247]

The most important reason for failure in trading is wrong guesses or advice that comes from unexperienced people that make us risk a big loss because of insufficient knowledge to solve the cryptocurrency.

[gourav789 2834]

I think greedyness and poor knowlege and experience are Main reason behind a failure trader . we must set our goal before we are going to makes any trade n 

in begining , their is alot of website where we can try trading in demo mode , after having a experience we can try real trading with low amount .

[Tunuu 2235]

Rushing in trading is very bad, we just need to learn first then prepare a good plan before starting so that we can understand what we are going to do. I thing we should also be confident enough so that we can be ready to face anything when trading.

[iloveyobit 6599]

You did not talk about one of the most important factors in the market, which is patience. Sometimes you buy a currency and then its goes down and you feel panic and fear  you may sell and this is this wrong my friend.

[Babubu609 0]

On 8/12/2020 at 12:00 PM, iloveyobit said:

You did not talk about one of the most important factors in the market, which is patience. Sometimes you buy a currency and then its goes down and you feel panic and fear  you may sell and this is this wrong my friend.

Yes patient is very important in cryptocurrency we need to have patients in our minds especially in trading and sometimes in cryptocurrency.

[iloveyobit 6599]

15 hours ago, Babubu609 said:

Yes patient is very important in cryptocurrency we need to have patients in our minds especially in trading and sometimes in cryptocurrency.

My friend, I respect your opinion, but there is no need to repeat the same responses many times, I hope that you will publish new and varied information in your posts.

[Babubu609 0]

50 minutes ago, iloveyobit said:

My friend, I respect your opinion, but there is no need to repeat the same responses many times, I hope that you will publish new and varied information in your posts.

Yes mate! I wikeep doing my best to share usefulness posts that  will help everyone and mostly the newbies. Although I have created some new topics this month you can visit my profile to check out. This topics I created are fill of motivation and inspiring. Well this is some of the links you can click to view below 👇

 

1. https://cryptotalk.org/topic/108729-succes-is-not-given-it-is-earned-and-it-is-deserved/

 

2. https://cryptotalk.org/topic/109013-i-dont-have-dreams-i-have-goals/

 

3. https://cryptotalk.org/topic/109048-ambition-is-the-first-step-to-success-second-step-is-action/

 

4. https://cryptotalk.org/topic/109217-incomplete-payment-for-post-anyone-experience-this/

 

5. https://cryptotalk.org/topic/109548-suggest-a-fixed-price-for-talkcoin/

 

6. https://cryptotalk.org/topic/109617-change-for-yourself-not-others/

 

7. https://cryptotalk.org/topic/109632-how-to-invest-your-talkcoin-in-yobit-investbox/?do=findComment&comment=7370670

 

8. https://cryptotalk.org/topic/109912-3-ways-to -qoute -a-long-post/

 

9. https://cryptotalk.org/topic/109894-lets-make-the-forum-rules-our-friend/?do=findComment&comment=7390647

 

[Dorjoy12 8962]

There has lot of reason why Most members failure in trading.. Firstly they Only see the positive react of trading that show them only profit which make them to forget trading so risky.. So usually they start trading when they have not enough knowledge About trading.. I think its the main reason why Most people lose in trading                          

[benalmoh88 1500]

i made one of this mistakes last week, i'm following STRAT coin and i buyed in good point with 5300 Satoshi, in my trading i make always my gain 2% or 3 %, so normaly i sell with 5406 or 5450 Satoshi, but as you said in your topic (point three) the greedy, i want to earn more than the pric decrease to 4800 Satoshi and now i'm waiting to up another time.

[Apollo Crypto 245]

This post seems very useful and there's a lot of things we should change to avoid loss on our investment. Iam a small trader i just recently started on this platform this past few days. I think this one is worth to give a high reputation at all.

[Onden 2098]

I agree with you, trades will fail if we don't dare to take risks, every trade has a risk so we have to calculate the percentage of failure in every trade.
Hurry is one of the causes of failed trading, so don't be in a hurry to always be calm and check your wallet address on the exchange when it's on the market. In order not to fail, you should not be greedy and continue to learn because by learning you will avoid failure.

[Kamrulhasan1809 42]

It is true that a lot of things lead to failure in our business because, in my opinion, lack of knowledge is a serious issue that leads to loss of business leadership because in order to trade we must have knowledge and skills and understand the value of cryptocurrency and be patient while investing  Please.

[Abdalrazig 1865]

Yeah, those are the main reasons why we fail in trading, most of people don't trust them selves and ability, I guess it would be better having stable foundation so your judgment doesn't get affected.

[gbfisher 1815]

I am totally agree with you my mate, all reason which are you highlights in your post are right for failure in trading. There are some hidden lesson in failure so pick up. The most imporatant reasons is risk, greedy and knowledge. Mostly peoples dont take risk because they have a fair to loss their money in trading. When any body takes profit in crypto coin then they want more and more profit. Thats greedy,  some greedy peoples face huge loss because they hold any coin in long time  for more profit but thats couldnt happen. Knowledge is very imprtant for best trading but if any body fail thats great because failure teaches us a lesson, and thats lesson is never give up. 

Edited September 26, 2020 by gbfisher

[Med omara 5]

 

Failure to learn the basics of work and important things and primary principles are what make a person always lose weight, but risk is also a fundamental factor in success for this one must trust his abilities and try again and again to achieve his goal .....

[Pamparam105 26]

Failures in trading bring first of all inexperience. Constant risks. The instability of emotions. Newcomers often do not analyze the market and thus make a serious mistake, losing all the money. You always need to gain experience. Have a plan behind you and know when to finish trading.