Fear . I think this is the problem most traders encounter. And my self is like that, the time when I first invested I lost a lot because of this. And now I have improved it.
What about fear?i dont get the idea on that answer mate since you didnt elaborate your concern,afraid in losing thats why selling to cut loss?that means panicking though
Maybe the best reason why traders fails because of greediness,always looking for higher profit and ending to being dumped of the coin he bought
Contentment is one good key if you want to succeed in trading,take the small profit and dont look for huge income
Right, traders seems to not understand that they don't need to be greedy everytime. Sometimes its best to get out early and book the profits. No need to stay long and hope that the price could go on another price run, because 90% of the time, it doesn't hold up and eventually the dump will be huge that the price will go and plummet to floor price.