Stop dreaming about the perfect trade

gurang

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Quote from: anhchangdeptrai13 on June 28, 2018, 08:59:23 AM

Many traders are obsessed with the perfect trade, perfect technical indicators. Trading is the field of non-existent "perfect" words. You can have a very detailed plan, but finally be surprised by a crazy market situation, like a cold water droplets in the face.

Instead of trying to reach the perfect trade, change yourself to the market. Average predicted of you about market, average with another trader ( why not? ). You should accept fewer profit but you will lose less. You should sell sooner and buy later than your prediction. follow the market, because the market will not follow you.

Yes we should stop dreaming is not a bebben its for free but many time or sometimes that happen so that we dont have to expect that our dream that the perfect trading came true.

Lorin

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Perfect plan can be but a perfect trade is impossible. The market is not always on your side your the one who will follow it. Everybody wants to earn a good profit but sometimes what we expect cannot happen. Always remember trading is not always gives you a good result but you can earn it little by little.

LuvCyanide

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I totally agree. We lose more with the hope of earning more. My rule is " don't expect big profits." Repeatedly noticed when I get out of the coin as soon as I make a small profit, the coin begins to fall in price. I win. If I want to earn more and wait for a miracle, then I have to come out of the coin with the loss of money.

bitbunnny

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I guess that perfect trading would mean to always make profit and never accumulate loss and that everything always turns out according to our wishes. But in real world this is not functioning that way.
So the closest to perfect you can make is to have your own personalized strategy and goals, not to invest more than you can afford to lose, trying to control your emotions and always use favourable conditions on the market to trade - buy low and sell high.

icecube45

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Yes you are right the market will not follow us, but we must follow the market. Moreover, crypto prices are very volatile so it is very difficult to predict. Sometimes targets that have been set will not be according to plan, this is very reasonable. A trader must be able to adjust to market conditions, this will be very difficult to overcome so skills are needed here. Nothing is perfect, even though professional traders cannot get perfect trade.

iv4n

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Quote from: hubballi on December 06, 2018, 05:16:16 AM

Quote from: Arthurian60 on December 06, 2018, 05:04:48 AM

No trade is perfect. Sometimes you encounter loss and sometimes you meet profit. Best thing is to develop your strategy and stick to it. Have a trading plan that will benefit yu in the long-term. Don't over stress yourself about making perfect trade.

What you told is the correct phrase for the traders, actually who are new to trading are only who gets excited when getting profit and when loss occurred they start crying immediately. They think that their all trades should be perfect and profitable. But when realistic hits they start to get panic and make mistakes.

Perfect trade should be buying on bottom and selling on top, because we can't know where exactly is bottom and top we need to have buy support and sell resistance, with parts of your money you are buying until you touch bottom, when price start to rise again you need to sell coins little by little before you touch the top. It's a game, and many times you will be in confused situations, but it's how you trade and make profit in long run. Some trades will bring more profit, some nothing and in some you will lose, but like in any game we need to keep trying and as long we are trying we have a chance to do something more, when we stop we can't lose but we can't win either.

hubballi

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Quote from: Arthurian60 on December 06, 2018, 05:04:48 AM

No trade is perfect. Sometimes you encounter loss and sometimes you meet profit. Best thing is to develop your strategy and stick to it. Have a trading plan that will benefit yu in the long-term. Don't over stress yourself about making perfect trade.

What you told is the correct phrase for the traders, actually who are new to trading are only who gets excited when getting profit and when loss occurred they start crying immediately. They think that their all trades should be perfect and profitable. But when realistic hits they start to get panic and make mistakes.

Arthurian60

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No trade is perfect. Sometimes you encounter loss and sometimes you meet profit. Best thing is to develop your strategy and stick to it. Have a trading plan that will benefit yu in the long-term. Don't over stress yourself about making perfect trade.

kopijos

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Quote from: anhchangdeptrai13 on June 28, 2018, 08:59:23 AM

Many traders are obsessed with the perfect trade, perfect technical indicators. Trading is the field of non-existent "perfect" words. You can have a very detailed plan, but finally be surprised by a crazy market situation, like a cold water droplets in the face.

Instead of trying to reach the perfect trade, change yourself to the market. Average predicted of you about market, average with another trader ( why not? ). You should accept fewer profit but you will lose less. You should sell sooner and buy later than your prediction. follow the market, because the market will not follow you.

in trade we cannot always get special things like big profits, this is indeed a market where price movements cannot run quickly and it is a factor that traders may be able to pass. so I think if you want to become a professional trader you should be able to continue to be ready to face any situation.

sumanto

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when you want to dream then it will not be a problem and it is the freedom of every person to dream but it is better if you dream your hopes are not too high because when your dream is not reached then you will regret it.

surbanaB

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Quote from: junglist.massive on September 22, 2018, 05:09:31 PM

The market is like a vast sea where we must follow the flow of the sea and it’s very difficult to fight the flow of sea with great waves.
The market will never be able to follow us, it follows once in a while but it’s just a coincidence, but we are forced to follow the market often. About great profits it’s true, don't focus on trading with a large profit margin, we really have to do a lot of trades with small profit. It doesn't matter but these small profits if we stack up a lot then it will become a hill of huge profit.

Exactly. The market covers a world of difficulties and nothing is perfect here. To speak frankly, the fruits that we can reap from the market is similar with the market fluctuation, well it’s highly volatile, so does our benefit. We will never always gain the profits continually without a loss, because the market is notoriously tough and unpredictable, we perhaps get a lot, but we also lose a lot. The measure of perfect in crypto is when you can make much progress in terms of trading, when you know how to control the loss and reduce it gradually. Plus, the progress in technique as well as experience.

gurang

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Activity: 350

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Quote from: anhchangdeptrai13 on June 28, 2018, 08:59:23 AM

Many traders are obsessed with the perfect trade, perfect technical indicators. Trading is the field of non-existent "perfect" words. You can have a very detailed plan, but finally be surprised by a crazy market situation, like a cold water droplets in the face.

Instead of trying to reach the perfect trade, change yourself to the market. Average predicted of you about market, average with another trader ( why not? ). You should accept fewer profit but you will lose less. You should sell sooner and buy later than your prediction. follow the market, because the market will not follow you.

its not bad to dream on, its much better to dream because it can help you to avoid you emotion, stress and specially it will you to make you strong to think that you need to fight to overcome your fear

jony35490

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Quote from: mashutka444 on October 04, 2018, 07:05:34 AM

There are no ideal traders. There are experienced traders, but the market may bring them an unexpected surprise. Any trader sooner or later feels a loss.

Absolutely right that every traders has to face losses. There is no trader that will profit 100% all the time. Many experienced traders so many times facing big losses. So we need to trade carefully and be happy with a little profit and accept the loss.

mashutka444

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There are no ideal traders. There are experienced traders, but the market may bring them an unexpected surprise. Any trader sooner or later feels a loss.

zeingrind777

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there are always surprises happening in this world all the time, especially in the world of trading. so, to be a perfect trader I think it's just a dream, there is no perfect trader who has never experienced a loss, there are indeed many traders who look perfect, but actually not too, they look perfect because they have software and mentors or groups that really help each other to make decisions...

Raja_Salman

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absolutely right the most important thing is we must keep trying and keep on going so that our business does not betray. so we also don't dream too much that our trade can be perfect

beezunus

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I think, everyone who trades must have experienced a failure and loss and that is normal, do not expect you will always be able to get profit and have perfect trading because crypto prices are difficult to predict so you must be prepared with all the risks

katuhakuh

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Activity: 322

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Yes, it is not always perfect and according to what we want because the price is difficult to predict and sometimes we are wrong in predicting. You have to know that earning money is not easy, so stay focused and always waiting for opportunities, luck.

frowsiter

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Yeah its pretty normal to find ourselves into the situation where crypto is turning against us and putting our trades into the red zone. I couldn't imagine more than sufficient trades which went the way I always wanted to have because of this very reason you have mentioned here. Yes, we could have different strategies I guess, may be some methods which can give us nice and passive profits from the trades (hopefully) but when we start practically then it is almost tough to end up with the same speculated trade as we always wanted to have. It could be that trading coin is either changing its course of development, investors getting dropped out and many miscellaneous factors.

barabarian1

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yes, indeed in doing trading there will certainly not be perfection. maybe you mean, every prediction of market prices or the expectations of a trader will not always be as they expected. when there is success there is a failure. so I agree with what you say, don't be too obsessed with perfect trading. what we should do is try to do the best and take advantage of the ups and downs of the market to get a profit even if only a little.

Topic: Stop dreaming about the perfect trade (Read 2517 times)