Best way to trade any financial market is to plan the trade first. It includes analysis of bigger trend means what trend is there on higher TF then middle trend and then small trend. Small trend always follows the bigger trend. Planning your trade means before taking any trade you should know the point to enter, point to exit and point to cut your position in case of loss on a bigger TF then the right opportunity to be awaited to pull the trade on lower TF. If one follows such plan he/she could have good winning:losing ratio.
It good to have a plan in every thing ones do and you're when you having plan are the best way to trade financial market but we're in crypto market buddy. However, the market is full of varieties of possibilities and planning a market which you dont exactly what will happen may also lead to the ambitious act mentioned by the OP. 
Topic: start trading again carefully and don't be too ambitious to get big profits ...! - page 5. (Read 984 times)
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May 17, 2019, 01:00:43 PM
May 17, 2019, 12:49:12 PM
Trading always start in educating yourself with proper knowledge or skills and gaining the right mindset as a trader. Greed and emotion is truly the leading problem of a starting trader so he/she must also learn how to manage her emotion and get rid of the greed first. Being ambitious not always bad as long as you are in control of yourself and not your ambition controls you.
Getting ambitious might lead into wrong perspective, we see that the market is not as good unlike before, we should set limits and brackets of amount we're our trade can really reach, if we put too high bars, it might lead to loss anytime soon. Ambition is good, but you really have to match that with the will to persevere. People always talk about being smart, and you see it a lot in these trading groups. Being smart, trade smart, think smart, etc.
But they usually fail to tell you the thing is, you need to be a hard worker. Work hard, think hard, read hard, learn every day and persevere. That gets you more places than "trading smart" on its own.
May 17, 2019, 12:28:10 PM
Yes we should trade carefully and we could dream but we should also know our limits.
Besides that is why we are trading because of our dream to earn big.
But don't be so ambitious and know your limit .
I don't trade because of big profits but I do trade because I can exist for long-term in the market and I am not losing too much in my investments. I focus my mind on how experience and skillful I am than profits because I know if I have "trading skills"? There is no way I will not make profits. Besides that is why we are trading because of our dream to earn big.
But don't be so ambitious and know your limit .
May 17, 2019, 11:37:24 AM
Yes we should trade carefully and we could dream but we should also know our limits.
Besides that is why we are trading because of our dream to earn big.
But don't be so ambitious and know your limit .
Besides that is why we are trading because of our dream to earn big.
But don't be so ambitious and know your limit .
May 17, 2019, 11:23:25 AM
let us trade well without ambition to get big profits, the desire to get big profits in trading is very reasonable, of course, but for example we are very ambitious and not careful in trading your day, it will all cause us will be trapped, and in trading avoid panic for example there will be a decline, because you have to think that prices will be able to rise again, let's trade with our self-speculation which of course can be even better again.
Trade for your goals not just for the market conditions and others profit,we can reach our goal if we only concentrate on it or we might make mistakes then lose our capital by doing wrong moves. 
May 17, 2019, 10:49:10 AM
let us trade well without ambition to get big profits...
Have you seen the people who invest in the ICOs and altcoins? it is unbelievable that many of them set 10X profit targets, they are not investing in the ICOs or Altcoin to have low profits so even though they make Hold for more than 2 years to be profitable. The problem is that after the high increase that every crypto market had in the end of the year 2017 many people did not trust so much in the cryptos and therefore any increase of prices above $ 8000 will be very difficult because many people will sell
May 17, 2019, 10:34:29 AM
I agree, it is too greedy to get traders trapped, just set your profit target and feel enough with it, also not tempted by speculation or issues, as the market is currently having a deep correction after a few days going up ... just be careful
May 17, 2019, 09:46:19 AM
To be ambitious in my opinion doesn't translate into making wrong trading decision except if what you meant by ambition is quite different from the way I read meaning to the word. I believe many who want a quick money are all into gambling activities and not really in crypto currency trading.
I think being too ambitious or shall i say being unrealistic will not bring any good either in trading or gambling.Greediness is a negative attitude that should not let us prevail because it will only make us losers in the long run.With proper exposure and experience in trading,one can develop his own strategies and skills which will help him to achieve big profits in trading.
May 17, 2019, 08:50:31 AM
Best way to trade any financial market is to plan the trade first. It includes analysis of bigger trend means what trend is there on higher TF then middle trend and then small trend. Small trend always follows the bigger trend. Planning your trade means before taking any trade you should know the point to enter, point to exit and point to cut your position in case of loss on a bigger TF then the right opportunity to be awaited to pull the trade on lower TF. If one follows such plan he/she could have good winning:losing ratio.
May 16, 2019, 10:37:11 PM
There's a pretty simple way to counter being too greedy in your trades. When you make a trade, set limit orders (and any applicable stoplosses under your entry) where you want to close out your order and leave them there, and make sure you adhere to whatever plans you have as well. You might miss out on potential profits and take profit too early, but that's better than holding through a pump just for it to fizzle out and retrace and perhaps end up in a loss. Also remember there is always a better entry out there if you ever feel bad about where you exit a trade. If things go wrong, wait and look for another good entry. Patience pays off in trading.
Trading involves a strong sense of discipline so that we can counter our tendency to go greedy and lose money at the end. There are now many ways that we can control our desire to go overboard and be dismayed later. We have to formulate the stop/loss strategy as this can limit our loss while still have the opportunity to make money without overdoing things (source of big disaster). I guess this makes trading not for everybody and I myself feel that I need to learn more to get my right trading habits.
May 16, 2019, 10:18:36 PM
let us trade well without ambition to get big profits, the desire to get big profits in trading is very reasonable, of course, but for example we are very ambitious and not careful in trading your day, it will all cause us will be trapped, and in trading avoid panic for example there will be a decline, because you have to think that prices will be able to rise again, let's trade with our self-speculation which of course can be even better again.
Glad i never set big target of profit for now. Maybe at least i get a little profit usually i already take it. Because for me predict price is harder than in past and for bitcoin itself, if it keep increased after i sell mine, not really fomo with it.I like your attitude in this matter.
May 16, 2019, 08:47:13 PM
Trading always start in educating yourself with proper knowledge or skills and gaining the right mindset as a trader. Greed and emotion is truly the leading problem of a starting trader so he/she must also learn how to manage her emotion and get rid of the greed first. Being ambitious not always bad as long as you are in control of yourself and not your ambition controls you.
Getting ambitious might lead into wrong perspective, we see that the market is not as good unlike before, we should set limits and brackets of amount we're our trade can really reach, if we put too high bars, it might lead to loss anytime soon. 
May 16, 2019, 06:47:02 PM
let us trade well without ambition to get big profits, the desire to get big profits in trading is very reasonable, of course, but for example we are very ambitious and not careful in trading your day, it will all cause us will be trapped, and in trading avoid panic for example there will be a decline, because you have to think that prices will be able to rise again, let's trade with our self-speculation which of course can be even better again.
You had a point buddy, I advice for those traders do not depend on bitcoin bullish for their trading job to possible get trap, every single coin have an demands to increase their price not to increase of the king of crypto.
May 16, 2019, 06:41:32 PM
Trading always start in educating yourself with proper knowledge or skills and gaining the right mindset as a trader. Greed and emotion is truly the leading problem of a starting trader so he/she must also learn how to manage her emotion and get rid of the greed first. Being ambitious not always bad as long as you are in control of yourself and not your ambition controls you.
May 16, 2019, 06:37:10 PM
let us trade well without ambition to get big profits, the desire to get big profits in trading is very reasonable, of course, but for example we are very ambitious and not careful in trading your day, it will all cause us will be trapped, and in trading avoid panic for example there will be a decline, because you have to think that prices will be able to rise again, let's trade with our self-speculation which of course can be even better again.
The most important part of trading is setting your goal and stick to your goal. Some traders when they see that the price continues to climb, they break their strategy and set aside their goal which is wrong. This is the reason why there's a lot of new traders who falls into a trap when the price suddenly dropped even when they already reached their target. 
May 16, 2019, 05:42:32 PM
let us trade well without ambition to get big profits, the desire to get big profits in trading is very reasonable, of course, but for example we are very ambitious and not careful in trading your day, it will all cause us will be trapped, and in trading avoid panic for example there will be a decline, because you have to think that prices will be able to rise again, let's trade with our self-speculation which of course can be even better again.
Glad i never set big target of profit for now. Maybe at least i get a little profit usually i already take it. Because for me predict price is harder than in past and for bitcoin itself, if it keep increased after i sell mine, not really fomo with it. 
May 16, 2019, 05:06:41 PM
Greed is the bane of most traders. It is always a good idea to pick little profits as price progresses, the market is can make unexpected turns some times. Experienced trader know how to play this better.
Greed is a human nature where it is difficult to eradicate. But if you are a professional trader, you can make profits in any kind of market, bear or bull. Big profits is always ones aim but from my end, small profits is fine as long as I'm not losing with my investments.
May 16, 2019, 04:47:45 PM
To be ambitious in my opinion doesn't translate into making wrong trading decision except if what you meant by ambition is quite different from the way I read meaning to the word. I believe many who want a quick money are all into gambling activities and not really in crypto currency trading.
I think being too ambitious or shall i say being unrealistic will not bring any good either in trading or gambling.Greediness is a negative attitude that should not let us prevail because it will only make us losers in the long run.With proper exposure and experience in trading,one can develop his own strategies and skills which will help him to achieve big profits in trading. May 16, 2019, 04:24:59 PM
To be ambitious in my opinion doesn't translate into making wrong trading decision except if what you meant by ambition is quite different from the way I read meaning to the word. I believe many who want a quick money are all into gambling activities and not really in crypto currency trading.
May 16, 2019, 04:14:50 PM
...
Professional traders practice their craft in (almost) all types of markets.
Professional traders practice their craft in (almost) all types of markets.
this is exactly the point. i don't get it why people telling you to start trading just when everything is going to rise again. this isn't trading this is just speculating. Trading is more about money management, stop loss and take profit. if you know what you are doing you will survive every market situation...
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