New trading system is a little bit confusing?

[Stolas]

My first time ever doing trade with this new ¨way¨ that steam implemented was really bad.
First of all, i was used to simple trades, but now it gets frustrating and confused for newcomers alike.
Both accepted the trade, then this 72 hours thing, looking for anwsers you see that you can actually accept trades faster by installing an application on your phone, well then, once i got it i still cant accept this same trade, so i decided to cancell it and try to make another one, but, with no warnings i fall into a ¨trap¨, now i cant do more trades with the same person because i recently cancelled one... Idk about you guys, but i had a frustrating and bad first experiencie with this and wanted to share it to see opinions, thanks!

[Pheace]

Yeah, hate to tell you this, but if you don't bother reading the warning (right above the button), it doesn't mean that it's not there.

And no, that's not just trades 'with the same person', you can't trade with anyone for a week after using the 'Cancel all outstanding trades' button.

You have *never* been able to cancel finalized trades before this system. They did not introduce escrow so you could have some thinking time or reconsider your trade, cancelling a finalized trade is only for emergencies.

[CTHOMP]

I realized I had two trades open with same person but couldn't figure out how to cancel one of them. Then when I did I now can't trade at all?
WTF?