many times while trading we let our goals down and get greedy or fearsome. the problem are the reason behind, mostly psychological
the biggest impacts to our psychology? maybe the media, the news, the rumors.
we read something and anticipate that it will move 'others' and so we act on our own.
we do it, but we have no idea what it should mean. what should a musk tweet mean to a price? 3%? 10%? what should india banning crypto mean?
Many reasons can erupt leading to bad trades which is not fixed. Poor psychology on trading Can be one of the frequent reasons why traders lose trades. Trading requires a lot of skill and knowledge in order to understand the in and out of trading. Fear of losing money or blowing account could be a major reason why new traders especially those who can not afford to lose to their ends up having issues with trading be in respective of the techniques or strategy used in trading.
The market with always go it's own direction no minding the stop lose that is being set. Trading is a very difficult task which requires a good knowledge of the difference perspectives the market could drive into. Having a bad trades is normal in trading but should not be constant, killing the the urge to trade or make good decisions that could result to winning trades.
Its what they always say that market reacts the way it is. But when someone sells their coins instead even when the price dips to -25% it's got to be fear of losing more. It defeats the purpose of him holding the coins while the price hits the ATH. But if he learns just how to use when to buy or sell using just some indicators in the market, he will be able to profit being just a swing trader. Fear is hard to go through when you have less capital.