Stop dreaming about the perfect trade - page 18.

Hamphser

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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.

Always a part in human nature for us to be a perfectionist even we are already treating up things on that way but we are well awared that perfect thing doesnt exist on this world.Who doesnt like to have a perfect trade anytime? This is why methods is continously being created by most people who are into it. Why? because we dont stop on exploring things which do lead up on a very profitable way of trading. Gradual small profits is good rather than chasing up a situation where you shouldnt have any losing trades which we know its an impossible thing.

Raiwenkai

newbie

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There is no perfect trading, In crypto specially if your'e a begginner you must accept the fact that sometimes you may win or you may loose, so for me much better to start a small profit than a big one.

darasinmi4show

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Why should say the people should stop dreaming about good prices? Sometimes, thing going bad don't mean better days will still not come, however, the crypto market system will start take a new shape as from this new month. This is a good seasons of joy in cryto world

emberbekas

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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.

Nothing is perfect in this world. As a trader, we shouldn't try to be perfect because it would be impossible to achieve. Try to maximize profits and minimizing potential losses are two things we need to tackle from day to day no matter what the market conditions are. This is more about money management.

coinwizard_

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The perfect trade is what we investors are aching to find, it's like mining for diamonds and finding that 5 carat wonder. I diversified quite a lot because it's too difficult to find, quite envious of those that already found it

Cling18

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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.

I agree with you. There is no such thing as perfect trading. Trading is like a wild guess and it is risky. The more we are willing to take the risks, the more we would be able to gain better. Losing is part of the game and we must just be so willing to take the risks in exchange of the profit that we would want to gain.

Ramtapsbtc

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Quote from: baus on June 29, 2018, 05:44:00 PM

most of the people who are always trying to follow perfect TAs are the ones which are always losing their entire money first than the others

Theres no such thing as a guaranteed profit, some traders are so obsessed with trying to find the perfect trade instead of being perfect try being average, if youre just starting rather than looking for the perfect, find a set up with a good probability of success, you might make less profit per trade but youll actually take risk and give yourself a chance to develop your skills, learn and make profit.

bastian466

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you have to follow the market movements when the market goes up to sell when the market down time to buy then we must be smart to read or predict and many risks that must be taken and it would be nice to have a reserve capital in case panic sales

Slash61

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Such mindset would be very easy to stop the struggle in the world of cryptocurrency because after finding serious control they assume it will not bite the profits which for them is very easy, not easy to make money, all also desperately need the process to the Convenient Point, unpredictable movement market is the main factor that can not be sure 100% will profit, nothing easy then a little to try.

futuret

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Quote from: St4yInTh3D4rk on July 02, 2018, 02:23:03 AM

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.

Simply don't aim for that one trade with trade with huge profit margin,do much trades with smaller profits even because you can collect drops and make ocean with that.Never be too greedy or you will lose,always choose the target price to avoid losses unncessarily.

Yup it is true that drop drop comes together to make a ocean so don’t think to get rich within hours and days, if a currency promise you to make you rich with first trade or faster then don’t trust them most of them are scams. Wait and have patience once you invest your money in any currency as trading them learn about waiting as well, so try to increase your knowledge so you will get less risk and higher prifit it is the only way to become a good trader.

PrudnikovLS

newbie

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It's not entirely clear what is the ideal trade for you. I believe that every trader must adhere to his trading strategy and not depart from it, no matter what situations occur on the market. Only in this case there will be successful trade transactions.

matthewio

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You certainly must have spoken from practical experience on trading. I have often been in same situation, set some rigid price and expect the market to "perfectly " follow my instructions. I have had more disappointments than I can count. The truth, it is better to take little profits from multiple deals than wait for a kill in one that may never come to be

St4yInTh3D4rk

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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.

Simply don't aim for that one trade with trade with huge profit margin,do much trades with smaller profits even because you can collect drops and make ocean with that.Never be too greedy or you will lose,always choose the target price to avoid losses unncessarily.

btc_angela

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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.

That's why I believed that we should adjust if the market changes. If you still believed that your strategy in 2017 will still work in this bear market then think again. I felt that people most often are doing day trade so its really up to you if you wanted to try that or just hold. Obviously, there's no perfect trade and even if it happen, people tends to be greedy and still not follow their "plan" on the dot. They still wanted more that might result in losses at the end.

Webberson

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There is no such thing as perfect trade, as far as trading is concern. The market is a dynamic market that cannot be predicted in all certainty that a trade will occur in a particular way or manner. Trades are sometimes negative, even after most analysis are carried out. The essence of trading should be to maximize profits and minimize losses, in order to have a 'supposed' perfect trade.

MedicineVNT

newbie

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no perfect perfect hunger you can see it perfect when in some respects if in terms of other things it is not so we should know as well as know how to dream for your own

Johnzky

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Quote from: harizen on June 28, 2018, 10:24:03 AM

What matters here is, our winning stats is way better to our losing stats no matter what the strategy applied for every trading actions.

New traders always want to have a good result during their early phase of their trading journey without realizing that although it's possible, there's really a time that they will have a continous losing streak. Didn't they know that those losses on the way will make them more of a better trader since in every loss they will commit, they will keep an eye on it now and make a sort of thing how it can be prevented in the future.

Professional traders are still experiencing losses up to today. Even with good chart reading, analyzation, hard to understand trading terms, all of it will be spoiled once a panic trend happened so it's ok to experienced loss on the way.

Just make sure that in every losses, a trader learned from it because if not, then they are just wasting their time and money doing trades.

Perfectly agreed on this,because it doesnt matter how many trading we can afford and how long you have been trading.but what important is the winning moment is larger than losing part.

Remember that this profiteering applies skills and knowledge and if you dont have this both better go find another way of making money.dont push here in cryptoworld

gabmen

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If you're obsessed about a perfect trade then you probably should go back to studying how to trade. TA's and chart reading help in having an idea of how the market will move but with no guarantee. In the end, there reall is no perfect trade.

richcorner100

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Yes that true, no one trader can make perpect decision in crypto trading. Our prediction is not always correct, but using stop loss we can avoid bigger loss. Never be greedy and lock some profit in to fiat is should to minimize the risk and to get consistent profit.

r32godzilla

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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 you are right.Instead of trying to stick to our plan and bearing losses,its always better to be flexible and decide as per the market situations.Its better to get satisfied with a smaller profit and trades could be made further in future to increase our profit.

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