This bad habit will cost you a lot in trading

[Crypto Library]

You're right, in fact when the altcoin season is activated almost Everyone buys and buys altcoins generating a huge boom within the market, the last similar boom I saw in altcoins was in 2021 with NFT games and that was something temporary, I think they lacked a lot more order in that, if they had done well the NFT games would still be much better and with great Acceptance , but they Dedicated themselves to stealing and wreaking havoc, they really damaged everything , it was a total Shame, for many it was a time of losses.

And that is also happening right now because of starting bull run there is already increasing the buy pressure on the market and gradually it is increasing and that's why if you see that the market cap most of all the cryptocurrency is increasing and as well their prices also and the more interesting thing is this is also attracting the newbies in the investment and here they invested and having struggling.

[LUCKMCFLY]

I also study trading view. In trading we have to take many references to be able to have the right strategy. because trading is not as easy as people imagine, I often experience losses because of wrong strategy formulation.
Trading following the trend can be done by observing and following several trading groups to learn which direction the market will move.
Even though we are not always right and sometimes experience defeat, at least the profit we get is greater than the loss. I am grateful for my trading skills.

We should always concentrate on the main thing, which is learning. In trading, I believe that you always learn, there is no other way Trading learning groups are good even when they are free and that is considered a way to do things right following the opinions of others. It is not bad, but first of all, our basic analysis is the one we should stick to the most , When I do it and finish, after I have my trading decision, I look at the news and everything that has to do with market things , because the news usually Diverts my way of doing the Analysis.

[gabbie2010]

As a trader, know that the market trend is not your enemy; it must be your friend. Avoid trading against the trend. Following the market trend is crucial when trading because it helps you align your trades with the overall direction of the market, increasing your chances of success. Trading against the trend is risky and can result in losses, as you're fighting the market's natural movement. By identifying and following the trend, you can enter trades with momentum on your side, ride the wave of price movement, and make more informed decisions.

Do you only trade according to the trend or you counter-trend trade from time to time?

Though it's had to determine when a trend is going to start  or end however a good trader would always aim to catch or enter the trade when trending and this is best way to earn reasonable profit with a small risk and that is my aim whenever I want to place a trade after some analysis, however I never like to go against the trend (coungeter trading)  having know the implications it's just like trading against a waterfall the end result is losses even as a scalper it's very dangerous to trade against the trend in

[enwi]

We should always concentrate on the main thing, which is learning. In trading, I believe that you always learn, there is no other way Trading learning groups are good even when they are free and that is considered a way to do things right following the opinions of others. It is not bad, but first of all, our basic analysis is the one we should stick to the most , When I do it and finish, after I have my trading decision, I look at the news and everything that has to do with market things , because the news usually Diverts my way of doing the Analysis.

In any trading activity, it is always commendable to hold a balance of our self-assessment with outside help. He based on our prior, we develop our confidence before considering other factors like news or other opinions. However, it does make sense to keep our mind open so that we can get different angles that may be helpful to our decision. If we decide that outside information interferes with our attention, it is advisable to analyse it after all the internal stages. Thus, we stay in control of the strategy, which is being implemented, and can gain further insights by constantly consolidating the growing experience.

[LUCKMCFLY]

In trading I also do not believe in bots because I think we should do our own analysis, strategize and have a plan and all done manually not using bots. but if we feel comfortable with bots just do it because the risk is borne by each.
I have been doing manual trading for more than 7 years and I enjoy it.

It is the best thing that can be done, always manual is what is advised and it turns out to be very good because that is how one develops as a trader and apart from that the mind remains very active and this is an advantage since things when it comes to seeing in the best way is what is advised, and the ots for me are nothing more than simple algorithms that can at any moment make us lose all our money, I do not trust them for that reason, in addition it would take away a lot of my capacity to analyze the market and I would make moves that I do not know why I would do it.

[MRY]

In any trading activity, it is always commendable to hold a balance of our self-assessment with outside help. He based on our prior, we develop our confidence before considering other factors like news or other opinions. However, it does make sense to keep our mind open so that we can get different angles that may be helpful to our decision. If we decide that outside information interferes with our attention, it is advisable to analyse it after all the internal stages. Thus, we stay in control of the strategy, which is being implemented, and can gain further insights by constantly consolidating the growing experience.

In order to build strength into decisions there has to be orchestration between endogenous self-confidence and exogenous data. Still, being able to have your own strategy that you’ve analysed will most often feel like you are in charge of something during a changing situation, and secondly, new insights might always help to develop a better understanding. If we allow any further information to flow in with some caution then it augments the foundations of our decisions without overemphasising on the objective we are seeking to accomplish.

It is the best thing that can be done, always manual is what is advised and it turns out to be very good because that is how one develops as a trader and apart from that the mind remains very active and this is an advantage since things when it comes to seeing in the best way is what is advised, and the ots for me are nothing more than simple algorithms that can at any moment make us lose all our money, I do not trust them for that reason, in addition it would take away a lot of my capacity to analyze the market and I would make moves that I do not know why I would do it.

Relying on manual analysis does give us the opportunity to continue honing our skills and understand the market directly. By staying active in observing patterns and trends, we have full control over the decisions taken. Although algorithms seem interesting, understanding the reasons behind each step is much more valuable for building confidence and experience in the long run.

[dekafee79]

As a trader, know that the market trend is not your enemy; it must be your friend. Avoid trading against the trend. Following the market trend is crucial when trading because it helps you align your trades with the overall direction of the market, increasing your chances of success. Trading against the trend is risky and can result in losses, as you're fighting the market's natural movement. By identifying and following the trend, you can enter trades with momentum on your side, ride the wave of price movement, and make more informed decisions.

Do you only trade according to the trend or you counter-trend trade from time to time?

Though it's had to determine when a trend is going to start  or end however a good trader would always aim to catch or enter the trade when trending and this is best way to earn reasonable profit with a small risk and that is my aim whenever I want to place a trade after some analysis, however I never like to go against the trend (coungeter trading)  having know the implications it's just like trading against a waterfall the end result is losses even as a scalper it's very dangerous to trade against the trend in

I also trade by following the trend and never tried to trade against the trend to be honest I have no experience in trading against the trend.
Maybe many friends try to trade against the trend and get profit from it, unfortunately until now I am not interested.

[LUCKMCFLY]

And that is also happening right now because of starting bull run there is already increasing the buy pressure on the market and gradually it is increasing and that's why if you see that the market cap most of all the cryptocurrency is increasing and as well their prices also and the more interesting thing is this is also attracting the newbies in the investment and here they invested and having struggling.

For now I think things are still very healthy to bet long on any crypto, right? Because it is expected that by January it can continue to rise in price, of course the 4 years where the price rises in btc are completed and this brings good news for the alts, although I am not one to buy alts because I have had bad experiences with that, because those who do have the expertise to see the good advances become a great opportunity, for that reason I have always said something , we as traders should look closely at the volume, to see if it is convenient to buy, if it is convenient to sell , the idea is to take advantage of the moment.

[milewilda]

I also study trading view. In trading we have to take many references to be able to have the right strategy. because trading is not as easy as people imagine, I often experience losses because of wrong strategy formulation.
Trading following the trend can be done by observing and following several trading groups to learn which direction the market will move.
Even though we are not always right and sometimes experience defeat, at least the profit we get is greater than the loss. I am grateful for my trading skills.

We should always concentrate on the main thing, which is learning. In trading, I believe that you always learn, there is no other way Trading learning groups are good even when they are free and that is considered a way to do things right following the opinions of others. It is not bad, but first of all, our basic analysis is the one we should stick to the most , When I do it and finish, after I have my trading decision, I look at the news and everything that has to do with market things , because the news usually Diverts my way of doing the Analysis.

Learning is that a never ending thing on which even if it comes that you are already that professional but still there are things on which you would really be needing up to learn and this is something inevitable. Bad habits are common since we cant really be that perfect when it comes into this manner on which at the time or moment that you do learn up things accordingly then you will be able to make out some adjustments on which basing up on what you had experienced or have been able to learn up along the way. You are the ones who will be making out such adjustment at the time or moment that you do make out such passing by with these situations.

[LUCKMCFLY]

In any trading activity, it is always commendable to hold a balance of our self-assessment with outside help. He based on our prior, we develop our confidence before considering other factors like news or other opinions. However, it does make sense to keep our mind open so that we can get different angles that may be helpful to our decision. If we decide that outside information interferes with our attention, it is advisable to analyse it after all the internal stages. Thus, we stay in control of the strategy, which is being implemented, and can gain further insights by constantly consolidating the growing experience.

Well, to protect my trades, I only make 3, and if I don't win the first one, I try the second one to recover and come out in the positive. Now, if I don't win it, I try the third one and I don't win. That means that I'm not seeing the trade the right way. What I should do is rest and Analyze in a different way, because if I keep insisting, I won't do anything. It's always good to do things that way so that you don't spend a lot of money and lose money. The idea is to win and not lose, or at least always come out with a positive balance.

[legend45]

In any trading activity, it is always commendable to hold a balance of our self-assessment with outside help. He based on our prior, we develop our confidence before considering other factors like news or other opinions. However, it does make sense to keep our mind open so that we can get different angles that may be helpful to our decision. If we decide that outside information interferes with our attention, it is advisable to analyse it after all the internal stages. Thus, we stay in control of the strategy, which is being implemented, and can gain further insights by constantly consolidating the growing experience.

Well, to protect my trades, I only make 3, and if I don't win the first one, I try the second one to recover and come out in the positive. Now, if I don't win it, I try the third one and I don't win. That means that I'm not seeing the trade the right way. What I should do is rest and Analyze in a different way, because if I keep insisting, I won't do anything. It's always good to do things that way so that you don't spend a lot of money and lose money. The idea is to win and not lose, or at least always come out with a positive balance.

In trading, we must practice trying strategies until we get the right formula and analysis, but don't keep trying over and over again if the strategy and analysis are not right because we will lose. It's better if you have experienced defeat twice, stop and start improving your analysis and strategy.

[Aanuoluwatofunmi]

When we are into trades, we are not going to let in some of our personal habits or character get into us on our trade, we must be able to have the right approach to how we can trade and be a successful one, trading is not by mouth, we have to act it by our skills, some have already traded and see it as what they cant cope with because they don't have a risk management practice and cant afford having a continues losses.

[bayu7adi]

Well, to protect my trades, I only make 3, and if I don't win the first one, I try the second one to recover and come out in the positive. Now, if I don't win it, I try the third one and I don't win. That means that I'm not seeing the trade the right way. What I should do is rest and Analyze in a different way, because if I keep insisting, I won't do anything. It's always good to do things that way so that you don't spend a lot of money and lose money. The idea is to win and not lose, or at least always come out with a positive balance.

what is more important than that is the formula... when we can find out the formula to survive, it is something more expensive... acting only according to luck without knowing the formula, it is like surviving in uncertainty.. even though the formula is difficult to obtain, but at least by knowing the pattern and behavior in trading or investing, it certainly makes it easier for us to generate profit...

it is also influenced by our discipline in avoiding bad habits that can make us lose our assets...

[MUGNIA]

As a trader, know that the market trend is not your enemy; it must be your friend. Avoid trading against the trend. Following the market trend is crucial when trading because it helps you align your trades with the overall direction of the market, increasing your chances of success. Trading against the trend is risky and can result in losses, as you're fighting the market's natural movement. By identifying and following the trend, you can enter trades with momentum on your side, ride the wave of price movement, and make more informed decisions.

Do you only trade according to the trend or you counter-trend trade from time to time?

Though it's had to determine when a trend is going to start  or end however a good trader would always aim to catch or enter the trade when trending and this is best way to earn reasonable profit with a small risk and that is my aim whenever I want to place a trade after some analysis, however I never like to go against the trend (coungeter trading)  having know the implications it's just like trading against a waterfall the end result is losses even as a scalper it's very dangerous to trade against the trend in

I also trade by following the trend and never tried to trade against the trend to be honest I have no experience in trading against the trend.
Maybe many friends try to trade against the trend and get profit from it, unfortunately until now I am not interested.

Not everyone can trade against the trend, it takes special skills in my opinion, it is better to trade following the current and trend rather than going against the current, we don't know where we will start trading if we go against the current

[doc]

When we are into trades, we are not going to let in some of our personal habits or character get into us on our trade, we must be able to have the right approach to how we can trade and be a successful one, trading is not by mouth, we have to act it by our skills, some have already traded and see it as what they cant cope with because they don't have a risk management practice and cant afford having a continues losses.

In trading we must be professional and not use a personal approach but must analyze and have the right strategy. because trading is a business how to manage my crypto assets with proper risk management and how to have a good one in order to maximize the profit we will get.