Topic: Hope for the best, but expect the worse! - page 2. (Read 849 times)

On the moment that you would really be making yourself that getting Fomo'ed or really that having those emotions which cant be controlled then you are really that prone into tons of mistakes.
We do know that it is really just that normal that we will really be having some huge problems when we are really just that starting since we dont have that knowledge and experience so it will really be that normal
that mistakes could really be committed. The important thing on here is that you do make yourself that be able to adapt on whatever the things that you are really that getting involved into.
You cant really just that make yourself that successful without taking up such risks and this is why its really that important that you do really know on what you are dealing with.

Expect the unexpected as always because the market is really that something that you cant be able to know on where it would really be going. As a trader then you should really be that versatile as much as possible.
We do know that if you wont really be taking risks and minding about the possibilities that could happen then you would really be definitely get shocked if you wont be that prepared.
It will really be that important that you should really be that wary on the things on whats happening around because you do really know on what you are really that doing.

Risk should be thought of before and after. Then controlling emotions is also the first thing to think about before making a decision rather than regretting after receiving the results.
Trading requires more than enough knowledge because trading is only profit and loss. Loss is something that is certain but profit depends on the practice that we will do.
Good preparation is needed. Without knowledge and all the capital required will be in vain.

Be prepared for the loss is different from always expect the loss, and this is definitely not the right mindset to go in while you're into trading. You should always stay ahead and loss is inevitable but it doesn't mean you always expect that cause no one is going to be excited when they lose and it's not gambling even though there's lots of resemblance to it.

When you gamble always expect the loss that make the wins exciting but trading should be considered as seriously.

Yeah, absolutely right.
In the trading department, most of the people get disappointed   and get so scared that they don't even think of trading. All this is due to a lack of knowledge and confidence. And that's why they have negative thoughts about trading, although the reality is not like that. The first subjective topic that is taught in the trading department is emotional sway. It means that trading should not be done from an emotional perspective it has a bad effect, but many traders do not take it seriously and when they get a loss, they get discouraged.
 
 
Every user should know these rules before trading:

✔ Risk management
✔ Always followed the trend
✔ Always go with Market Direction Don't go against the sentiment.
✔ You have to take trade when market conditions are in your favor
✔ A trading plan should be made under a strategy
✔ Use of stop loss is essential.
 
By following these rules, you can become a successful trader instead of demoralizing from trading.  

I think I will simplify everything further that the point is we have to know about the positive and negative sides of an activity that we find before we finally get involved more deeply, because in the end regret will always be a certainty.

In most cases I see that traders who end up failing are those who are fomo, or who don't want to miss out on something that is being done by other people, and that is one of the triggers for involvement without being based on the right understanding, and also other triggers are not infrequently people who are experiencing financial problems who force themselves to get involved by bringing high hopes and beliefs that trading is an activity that can solve the financial problems they are experiencing

Even for me before we learn about trading further, we must understand the risks involved in trading. because I see almost always someone who is interested in trading they will ask about the benefits they get, they do not ask about the risks but they ask whether it is very profitable or not. This mindset must be straightened out first, because when one wrong step is taken, it will have a big impact. It is our job to be able to direct them beginners to provide better education, not intending to preach, but it is not wrong and in fact I think it is very good when sharing knowledge with others, especially with people who really need the knowledge. I personally will feel useful if I am able to share my experiences with others, even if it is just a simple experience or knowledge.

Well, the fact is that many people expect the best, but are not prepared for the worst. Because of this, many people are disappointed with trading. However, they sometimes think that the money they have can increase many times in a short time, but forget about the risks. After they get a loss, they will feel very disappointed, and may think negatively about trading.

Volatility is both a blessing and a curse, really. In any coin, but to a different extent.
Its effects can be mitigated a bit by using DCA and other methods (that's just the main one, in my opinion), but you should still stay responsible while doing anything on the market.

On the moment that you would really be dealing up with trading then it would really be just that normal that you should really be that accepting or be wary about market volatility because this is something which is really that inevitable. This is why its important to have these realizations first before trying out to deal with this volatile space. Never ever make yourself that too positive or you would really be that in a hurry on making profits
because this market isnt something that so simple or easy for  you to make profits. Always follow up your plans and analysis that had been made. Dont make  yourself too rush on making up decisions because we know that once you would really be that in a rush decisions or being that too optimistic about positive results then better have not, sooner or later you would be able to realize things along the way.

It is really that important that you should really know on what are the things that you would really be that dealing with and since we are talking about market volatility then this isnt something that simple
or someone could easily deal up with. Learnings would really be a never ending thing, as you do go ahead then you do gain up such experience and would really be able to become much better trader than on
yesterday. It would really be just that matters on how well you do consider out  yourself on handling with this volatile space. Just make it sure that you do have that realistic approach as always.
Dont make yourself delusional then its likely that you would bust up yourself that hard towards this market.

This must be a good slogan for bitcoin. We keep getting good results and making money, but we also keep getting lower as well in the price and bear market happens. We see people getting richer, but we see people getting poorer as well, both of those could happen in crypto and it is going to be very tough, it is not an easy thing to do at all.

We cannot consider this volatility as the worse thing in bitcoin ecosystem, we are talking about something that is dangerous to play with in the end, but if you learn how to make use of volatile nature of bitcoin for your benefits, then you may get the best of best. I think we should be considering this that easy, it is not going to happen that easily and we should have some hard time if we fail to do anything good. Just focus on holding as much as you can, but get your stop loss ready just in case as well, this way you can hold and profit, but if things get out of hand, you will be at least getting out at the right time as well.

What are you going to say about the traders that have a very high percentage of victory, do you think that those traders didn't believe in what they were doing. You can't be negative and be expecting a something different as result to come out from what you're doing. Traders have to be optimistic about what they're doing. You can know that you can get disappointed but don't put that in your mind but trade like you can be victorious in every trade that you're carrying out. The market is uncontrollable but it isn't unpredictable, you can make your prediction and be right and you win. Every time that you make a prediction, it mightn't be correct but sometimes, you can be correct, that's what makes trading fun and interesting. Practice makes perfect in trading, as you keep practicing you'll become a perfect trader and more of your predictions will be correct than wrong.

True, every trader will certainly never be completely free from the fierce fluctuations that occur in the market, we cannot be completely free but with risk management and caution we will be a little more protected, or will not experience unwanted things too often such as significant losses. Logically trading will never be said to be a risky activity if a trader can completely avoid the risk, so of course if you want to get involved in the world of trading then the main thing you must understand is to realize that this is a risky activity and also another thing you must have is the ability to be open-minded when experiencing losses.

Because as you said that if we do not have the ability to accept risks then emotions are something that will definitely dominate a trader and when emotions dominate then it is clear that various aggressive actions are very possible for them to do, and usually this is the cause of a trader ending up bankrupt.

Losses cannot be separated from trading or in other words, risk will always be present in every trade we make, even as you said even though we follow where the trend is moving, we will always have the risk of getting a loss. If we are not ready for such risks, then it is better for us to avoid trading. Thinking about profit alone in trading is not wise at all, because when we lose, there will be emotions that will affect us, that is actually what makes trading unhealthy. We cannot always make a profit, there will be times when we will feel a loss. Even traders who are considered professional will still experience losses in the trades they make.

Trading is highly risky and unpredictable, so even if you are confident to trade because of your capabilities and skills, still expect that your success won’t be 100% guaranteed one. There are still uncontrolled market swings  that will suddenly hit your trades, and with that, you become less control of your trading success. Just trade when there are high probabilities of trading success, but never expect too much that everything will go along your direction positively.

Loss is part of the trading journey but you can remove or at least lessen the risk of having a loss by doing a good technical analysis, and risk management, not all trades must be hold and not all trades must need to trade I mean in this part if you doubt to trade don't take a risk follow your guts and feeling if you think you are not quite safe better to skip than to regret your postion.

Market conditions and trends that often change every year make traders indeed have to have a strong mentality and also other better preparations because making hasty decisions without calculating the risks will clearly not be good for anyone. So traders must be aware of this when they want to start trading on any exchange except for people who are just learning to feel and run their first trading in a particular exchange where they must be more observant and careful in carrying out step by step over time.

You can't merely win every time in trading without losing; even professionals who generally win lose some of the time because the market can't be advantageous at all times. You are correct that losing is a common part of trading; you can simply set a stake and claim you will not lose. To succeed in trading, it's important to be patient, focused, and learn from others who are more experienced. Some may prefer to invest in bitcoin to reduce risk. and before you can enjoy trading you need be patient and focus very well and learn from other that are better then you, and I see some have turn trading as a source of income because some professional I know that can trade very well and winning, before they guide you trough you need to pay alot of money before you can gain knowledge from them, and i didn't blame from that because they face many challenges before they become what they today. if they said they will do for  free they won't be getting some extra funds to stake. Trading is good if you are boss on it nothing come easy without hardworking and challenges.

The losses experienced by every trader are certainly something that will definitely be experienced and to be able to avoid this, of course we must be able to understand it well so as not to make mistakes that make us lose when trading from every failure we experience, of course we must be able to learn from it and fix the mistakes so as not to repeat them in the future, as you said very rightly, this is part of the process and we can make it an experience and also a lesson.

Everyone who has learned from the losses they have experienced will of course be able to make them more careful in making decisions when trading and of course this will make them decide something correctly and the results they get will also be better than before, in terms of emotions of course it will depend on a person's personality and also their knowledge of trading, because without understanding well of course someone will continue to trade with emotion and also greed because they do not understand trading well, but if we continue to practice of course it will be easy to control emotions when trading.

So long as risk is involved, one must expect the worst-case scenario. Hoping for the best will be the motivation to even get started and continue in the business. Trading is one deal that the worst can easily happen so anyone not willing to expect the worst should just avoid trading. Preparing for the worst is something that will guide the trading in measuring the level of risk so he is not out of the game completely. This preparation should be part of the trading plans.

We worry too much about losses when we don’t have enough money to be investe back into trading. The market is such that when you understand them and made money from it, you won’t hesitate to feel sad when you lose and feel like not putting money into it again. It’s a natural feeling and every trader will have to pass this stage on their way to been profitable. When one becomes profitable, their thoughts are not always glued to only one thing, they take a lot of lessons from the losses and work on becoming better to be more profitable in the future. The emotional aspect of it is something you must have learnt on your own, no mentor teaches that.