5 REASONS WHY MOST TRADERS FAIL: by luiggih

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beyondbitcoin · @luiggih · Feb 26 '18

$1.73

5 REASONS WHY MOST TRADERS FAIL:

https://steemitimages.com/DQmZpeM78eZuh2cQVMnDoHjTwgHqcGPXL9ATKSfWLc58Pos/ESCALATION.JPG

**Reason 1:** The "I DON'T ACCEPT LOSING" syndrom 


**Reason 2:** The "I MOVE MY STOP LOSS" temptation 

**Reason 3:** The "AVERAGE DOWN" disease 

**Reason 4 :** The "RISK EVERYTHING" game 

**Reason 5:**  The "I SWEAR IT WILL NEVER HAPPEN AGAIN" lie to yourself 

Credits: @FXSignalFx

<center><i>
You might be also interested in:

https://steemit.com/trading/@luiggih/vertcoin-looking-for-a-3000-trade-in-2018
https://steemit.com/beyondbitcoin/@luiggih/siacoin-potential-x20-in-2018-all-you-need-to-know-about-this-undervalued-coin
https://steemit.com/beyondbitcoin/@luiggih/vechain-getting-ready-for-a-40-move-ven-btc
https://steemit.com/trading/@luiggih/trading-long-usd-jpy-14-to-1-r-r
</i>


<center> <h1>Thanks for Reading!</h1>
https://steemitimages.com/0x0/https://s23.postimg.org/ggouzbb0r/follw.gif </center>

👍 morseke1, allaz, bunnypuncher, park.bom, fcalabuig, cgbartow, luiggih, palancaman, aristone

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@allaz · Feb 26 '18

re-luiggih-5-reasons-why-most-traders-fail-20180226t054932499z

You got a 3.23% upvote from @allaz courtesy of @luiggih!

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@aristone · Feb 27 '18

"Community Group How to Join:
Leave you tag as a comment
Please remember to follow all the members in the group
Up vote at least one of the members per day
Leave a comment on one of the members page members names are below." followed you and did the above asked by @cgbartow Thanks

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@luiggih · Feb 27 '18

Adding value in the comments is also important lol

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@cgbartow · Feb 27 '18

$0.07

I agree with these 5 concepts especially being able to accept a loss sometimes you have to accept it get out of the trade and move on.

👍 bunnypuncher, luiggih

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@luiggih · Feb 27 '18

Sometimes taking a loss make you realise how wrong you were about that trade. Thanks for your support!

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@morseke1 · Feb 27 '18 (edited)

2 and 3 are my favorites:). They go hand in hand.  You research and find an awesome company.  You buy shares based on it having a good relative price.  Then it drops 20%.  If it was a good prices last week, it's an even better price at this discount...  The market is clearly making a mistake... Stop loss?  Why use a stop loss when I can get so many more shares at a better price.  I just have to wait for the market to realize their mistake:)

By the way, nice graphic and good reminder of our sins and human tendencies.

👍 luiggih

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@luiggih · Feb 27 '18

Averaging down is something that should be used very carefully. Stop Loss can cut your losses and that's a key factor for a sustainable ROI in trading. Maintain winnings, cut losses. At the end of the day is just about playing the numbers, taking a risk and getting an advantage.

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@park.bom · Feb 27 '18 (edited)

$1.10

>Reason 3: The "AVERAGE DOWN" disease


In my opinion, it is not a mistake to buy a few falling "dishes" on the medium-term dawntrend normal strategy for the accumulation of coins, it is important only that the project was of high quality.

👍 park.bom, alexko-steemit

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@stevedn3 · Feb 26 '18

lol we have all been there

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@luiggih · Feb 27 '18

100% yet only the winners get outta there!

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@morseke1 · Feb 28 '18

Have you ever noticed that people only talk their winners?  Hmm.  Human nature is incredible...

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@morseke1 · Feb 27 '18

Yes.  Yes we have.  And sometimes we return:)

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