Topic: Unknown fact our profitable colleagues won't tell us (Read 716 times)

Expert traders can lose a trade like anyone else, the difference is that they will minimize the number and the size of the mistakes they make, this way when they lose it will not be a big deal and they will know they can still profit from the trades that turn on their favor, but a bad trader not only will make a lot of big mistakes, which is bad enough already, but they will not learn from them, so the next time they are in the same situation they will make the same mistake, making impossible for them to obtain profits with the remaining successful trades they make.

In trading everybody will experience loss at any stage of life no matter he is an expert or not but traders cannot become perfect as market is not stable. Although it can be true that experts and experienced traders will overcome mistakes whereas newbies will face great troubles and their loss will be more than an expert traders.

The main difference here is that expert if loss one time then his loss is lower and win are more so it cannot effects his profit but a newbies who did not have learned anything will loss again and again so in such conditions his win percentage will be lower which will badly effect his financial status.

You could lose 100 dollars 6 times in a row, and make 1000 dollars once and that means you are in profit? Is it like something like that? I am not really sure I do not know what OP was talking about. All in all the profits are not easy and easy at the same time, it could be easy on a bull period when the prices go up, and it is not easy when things are going down, unless you are shorting.

I have a lot of friends who made money in the last 10 days, and a lot of friends who lost money in the last 10 days. And they are not like bad vs good traders, these are all great traders, it just happens at times and we need to forget about our losses and not chase them and keep attacking what we know how to do, that would work.

Correct me if I'm wrong but how come you're still profitable if the 60% of your trade is a lose streaks? this is so confusing.

What you've been stated is all the obvious, of course you're going to need quality trades using your experiences in trading in order to make profits, without it, I doubt that you're going to be profitable in your trading journey. Trading is all about skills and knowledge in order to be a successful trader.

Yes, that's why I said the same strategy might get different results if 2 different people use it. We can't always see that a strategy that works well for someone else will have the same results if we use it.
You're right, when we only focus on profit, then eventually we will be ruled by greed, and the decision making we do is no longer based on knowledge but it will be based on greed. And we already know that when we are controlled by greed, we will get something harmful to us, and in the end we will regret it.
Basic things like this must be understood by a trader, do not forget anything, because it will have a bad impact.

Yes, that's a mistake that happens a lot nowadays. someone shares success in trading and attracts others to learn to trade. they only learn about how to trade without telling them the risks of trading that can make us lose.
So it's not surprising to see beginners lose in trading and judge crypto trading to be gambling or fraud. it's all because of their ignorance.

Traders who don't share their tricks with other people understand that it could be interpreted as wrong information, because if they only share their profits it will make people think they are successful in their trading even though it is impossible that they never lose in their trading, so traders who want to share their tricks must also informs that it is not a guarantee of profit, there is even a chance of loss because the market can change in an instant due to the influence of events that occur in crypto if you trade in crypto.

There areany things that are happening in the market that keep restricting us from getting more profits from the market even when we have a good strategy that could afford to keep giving us consistent winnings. Our capital is one thing we need to look at and this is the major factor that would determine how much we would be earning from the market. Even though we enter the market at the same time and left the same time too. Our capital is what is going to determine how much we would be earning from the market.

Everyone should actually have tricks that are peculiar to them, this strategies are as a result of their personal experiences as traders and the amount of capital available to them. Some strategies do not work for low capital investors. With these strategies,  they will be able to map out their trading plans. What we should know is that what will work for Mr A might not work for Mr B.

Traders make this mistake of focusing so much on making profits. Yea we know that making profits at the end of our trades is the goal, but if we focus so much on how to make profits, we might start making decisions out of greed and deviate totally from our well structured trading plan to the other influenced by greed. Just like every other business,  it's either you make profits or you make losses, we have to bear this in mind that it's not profit profit all the time .

If you aren't a gambling trader 1:1 or 1:2 are still profitable take profits but what will determine your stay and survival is you winning percentage, if you can have this percentage above 60% then you should survive...

"Only trades that makes the good days to count" You make it sound like people lose deliberately but I understand what you trying to say   , as a matter of fact if you over leveraging your account with poor risk management not even this minimum 1:3 risk reward ratio will help you survive!! There is a whole lot of stuff that goes into trading and personally I consider trading to be more of an emotional skill than the technicals and fundamental analysis...

Everyone commits mistakes and every trader suffers losses before they learn to trade. Some had taken their leave and some continued their journey.
There is no secret to becoming successful aside from being patient and having knowledge and skill. If we wonder why we never succeed even though we are following the advice from successful traders, it is definitely because we differ from making decisions and for sure, we don't have the same response in a particular situation. Some will lose and some will earn a profit, this is the nature of trading and not all go successfully, some will fail.

And even if they share the trick, it is not certain that the person they share it with will be able to apply it properly and correctly which can bring profit, because usually traders develop their own strategies according to their abilities and not everyone fits the strategy, so it is recommended for a trader to have his own pattern that will make it easier for them to trade.
I agree, that in business, trading and so on related to money, then the choice is two, profit and loss. We cannot say profit and profit, and loss and loss, because those two words will always go side by side.
Everyone must want to always be profitable, yes I admit it. But the problem is that it's something that we've actually realized that there's no way we're always going to make a profit.

You just used other term and made that ratio look as if it's not that much. 1:3 risk ratio is like winning 300% with your trades and don't you think it is easy?

It ain't easy if that's the minimum that you're going to do. There are even traders that are good and out already after making 10% of their capital and that's enough for them.

This is the reason why many traders get rekt, 60% of losses and you will still in profit if you recover with that much losses? Not sure if I am confused.

Business is about profit and loss.  No matter how skilled one is in trading, one has a history of losses.  However, if the experienced loses, they try to increase it at a double rate.  There are some tips that not all traders share with Karo.  Everyone faces loss but it is interesting to see how much he can take the loss.  Each person's skill level is different.  Of course, not everyone will share all the tricks with everyone.

Wow after seeing the title of the threads I got exited that I will learn something new about trading and get a edge.
but got disappointed after reading the thread. it's all about risk to reward ration nothing new lol. there is not secret in trading everything is open and information available online and on books.
we just need to work hard and learn more to be able to profitable. and maybe finding a consistent profitable trader that can teach us is helpful.

yes, newbies then tend to take more risk to recover the previous losses instead they need to learn and figure out what thing they are doing wrong.

Newbies are often deceived by scammers that claim that they can win all the time or that promise them a winning rate that is too high to be possible, but even when good traders do everything right they lose and do it often, however since they have tested their strategy against the markets they know that those losses are only temporary and they keep trading as usual, while a newbie trader due to the expectations they have, cannot tolerate to lose more than a few times in a row before they lose their minds and make a bunch of reckless trades.

When I saw the topic of your thread, I didn’t see what I was expecting to see. What you posted here is just what everyone who’s really into trading knows about. I was hoping to learn new things that I hadn’t seen or heard from anyone before, but the things you posted are what I knew even before I started trading. Anyone who sees your post will definitely want to read it.

Trading is all about profit and loss, and most traders know about that. If you are trading, you can't always be right, sometimes you will be wrong, which means you are going to lose, but we have to make sure that our profit is more than our loss. If your loss is much, then something is wrong. You should just stop trading and work on your strategy.

When learning how to trade, why do you have to enter multiple trades at once? If the trades you are in are too many, then you will find it difficult to monitor your trade. You can just enter maybe a trade or two trades at once and make sure you follow them up. The more you get used to trading, the more you can increase your trade, but entering multiple trades makes you lose control of your trade.

Totally would really be that situational on which we do know that success is something that could really be influenced by different factors on which we do know that not all people would really be having on the same decisions when it comes on dealing with trading. Results and outcomes would really be that different to each other on which it is really just that not right that you would really be that conclusive that you could achieve
on something which we dont really even know on how things would really be ending up. As for results, then its totally random and it would really be that according into your trading skills and decisions and a little bit
mix of luck on which we know that outcomes will really be definitely vary.


Make yourself something like this, sooner or later you would be finding out yourself on being that making too much losses because making yourself that desperate
doesnt really give anything good to someone and if you arent that good when it comes to control and handling out situations then you wont really be that progressive.

The traders are taking huge risk by using your money,may be they get some decent profit on the good performance.But the result of the person who do random trade using the other people money.It was essential one for the trader who using the other money can risk maximum upto ten percentage of the money.Because we can cover that ten percentage of money in the trading by the other project output.The fact is trading is not easy one,we need to work for the background of the trading analysis for the good output.The trading person shouldn’t choose the wrong person which leads to big loss.


The trader should ready to learn the trading,So he can manage the big money in the trading.Many of my friends doing the trading as their full time job by risking of quit their real job.The losses was common in the business whether it’s trading or real business doesn’t matter.But how the person comeback from the loss is more important one to successful in that business.

Quality of the trade do matter, but it also depends on the type of trader you are. Some traders make 100 satoshi in 100 trades, some make it in one trade, some wait out to make 10 thousand dollars more, some wait for just a few bucks in trade and close it and open another a thousand times a day. It is not really a right or wrong way, as long as you are profiting it doesn't matter how you do it, it's all on your own decision.

I believe that we are going to end up with something that would profit us, and I think the best thing to do in this case would be just making sure that we are dealing with some great return, that should be the most important part. If we can do that, then who cares how we do it, as long as the profit is there.

You're correct, newbies think they can keep winning everytime they trade but that's not how trading works. When trading sometimes you win other times you can lose but that shouldn't make you quit. The professional traders also lose, when you lose you have to use that chance to learn new things. You can learn why you failed that trade and use the lesson you learnt to make better trades when next you're trading and that's how to grow your knowledge in trading cryptocurrency.

I don't think there's any unknown facts about trading that we should know that's hidden, we already know them but many traders aren't using this things they know when trading. They're just trading with the mindset that they're gambling therefore they don't need to use technical analysis or other analysis to understand the market, they just want to make quick profits and that's why they'll keep losing until they're ready to learn trading properly.

This is true, but I doubt if this is the only thing that makes them stand clear just as you have said is risk to reward ratio, there are a couple of other things added to this point to make you a profitable trader, risk management cannot be taken out from being a successful trader.
When you overleveraged on an account, Market will barely give you that opportunity to hit your t.p Levels, your stop lose will always get hit from my experience.

I have someone who is profitable in trading I follow online and a friend who manages huge amounts of dollars successfully for a couple of years, one Unique thing I have discovered from them is that they don't over risk or over leverage on the account they manage, they use small lot size equal to the amount of money they manage.

Well said, adding to what you have said, is best a trader back test his failing trading. Asking the question why?

Why did I get stopped so quick?
Why did I fail this trade?
Why this and that... When a trader finally gets the answer, the will know how to mitigate many losses.. And as such light even add some technique like the sniper range I use most often, good profit if I get my target.

We just have to keep practicing that's all

But when the time of greed hits you, you will have no idea if it's the time to exit and just take your profits, and in this process, many get it wrong.

Set some acceptable amount of profits depending on your capital and trade. There's no need to hurry, as long as you get a profit more than the capital you've started with. You're okay with that or set some percentage that are not too exaggerated.

Hmm from $10? It can be gamble all the way, it is hard to get 300% done in a week unless you timed it to a pump or a dump, and if you go against the tide you'll lose it all.

That crystal ball is public, one hint to that crystal ball showing is when you see green candles in the market.

It's been a culture in the cryptomarket we can't go against with, given the historical data in front of us, it has been and always been a culture not just with bitcoin that markets behave like a crazy market skyrocketting to unknown heights.

The big mistake that many traders make, especially newbie traders, is chasing victory too much, even though it's all just a trap, it's impossible for a trader to make 100% profit, there will definitely be a few losses but that's not a bad thing because in trading a loss is reasonable.
I once saw a video made by a pretty good trader, he said that losing 45% and winning 55% is quite a good thing, so accumulate the losses and wins that you experience, because no trader is perfect, even as he explains in the video that he has experienced 40% losses compared to wins in a month, trading requires a good strategy, and not chasing wins too much is a good thing, keep learning.

how long do you think you can make that $30 from the initial investment of $10? i doubt this can be done in a week.

one fact that our profitable colleagues have is that when halving is closer, they are also holding a crystal ball.
halving is a known variable that our profitable colleagues are considering and some of them haave years of experience reading charts in which they know where the market goes since they base their trades along with the fundamental news like the ETF approval. 

In trading, we are always required to improve our analytical skills so that we know when to enter and exit the market. We also shouldn't be too greedy in pursuing profits because the market will not always be in an upward position.
There are times when we experience losses, and that is normal, so we can learn more to be able to recover from those losses.
We often can't make big profits, and that's okay because there will definitely come a time when we make even bigger profits, so we don't need to worry about it. All days are good, but the bad ones are when we can't analyze the market well, so we get stuck buying at high prices.
And to avoid it, we need to learn more about trading so we can know when to enter and exit the market.

I read the start post and didn’t quite understand the following. How does the author view the relationship between risk and reward? By the relationship between the size of stop loss and take profit? Or some other method? But both losses and gains can have different probabilities. I would even say this: often the larger the size of the possible reward, the less likely it is that you will receive it. And vice versa: the lower the level of losses, the more likely it is that he will play. At least this is true for stop loss and take profit. Gambling may have its own analogues of stop losses and take profits. But still, I didn’t fully understand the idea of the author of the topic. I admit it.

Back when I did forex and in the early crypto trading years when I followed groups (paid and free) trust me these groups open new groups once too many members are mad. They face no repercussions, they all get threatened and they will always say hey you knew the risks or hey, you didn't follow our signals exactly.

But the truth is they nett loose their signals, they never share everything correctly or transparently and they just open a new group with 'selected positive results'.

So I stand by what I said, unknown facts is everything is not worth paying for, nothing you find out there is profitable.

And that you will understand why trading signal groups can't achieve success in the long run,
because most of them are just promises and exhausting money from their subscribers.
If they are truly profitable of what they are doing, they can maximize such profits by doing it on their own.
However, they will screw others just to say they are in the winning side, but the truth is, they are not.
They won't ask others to subscribe them if they are indeed earning good income.

When you are a complete noob then you would really be that easily make yourself getting hooked up with these type of things on which you would really be already that imagining that it is really that happening on you and this what makes you that you would really be choosing up on engaging through it without even having those second thoughts or having that kind of risks minding moment and trying out to assess
whether it is really that worth for you to take engagement or not basing up on the risks involved.When it comes on being profitable specially on trading then this is something that you cant really be able to know.
Self learning should really be that standard and something that you wont really be that able to skip out when you do hover yourself into trading or investment world.
It is really just that depending on how a certain individual would really be handling out themselves into this space. The wiser you are the more chances for you to sustain up.

If it was a unknown fact then we wouldn't know about it because it's unknown and no one should have told this in the first place.

Even then, the post itself is pretty much a basic understanding of trading. If you trade with such big risk then it comes with big reward as well, nothing to be surprised here. Even though you know about this kind of thing, but in reality you can still just lose more and you will gain profit at later day to cover your losses, there will be the time for that.

Skill is important here, how do you even start trading if you don't know what to do? Relying on luck?

Usually they do that if they are promoting something like a signal group or they are offering a mentoring service. But some only does that to simply brag about the people they know. It might be a good thing if you get inspired and you get successful later on.

You can fail but you will think it's normal. It happens on anyone anyway and on anything that they are doing but it was mostly at first and they can still learn and improved later on. A few can only end up blaming the person that they see sharing only their profits. But, it's good for them. And maybe next time they won't do that again because they are also afraid about the threats that they are getting.

Many hype traders are sharing only their winnings and never disclose their losses, no wonder why many are being hyped and inspired to become a trading whiling thinking about an easy profit. In trading, if you don't have the strategy don't expect to win that much especially if you are just depending on any signal group. I have a lot of trader friends and none of us shared their net profit in trading aside from profit on some of their positions.

Everyone of us in the market has different results as traders and there are people that are many lots of money from the market but will not be ready to disclose that to us. There will also be people that will keep bragging that they are making big profits from the market when they are not. This is a feceless forum where people can tend to talk about and brag about what they are not really are.
This is same thing many crypto influencers do claim and we need to make sure that we don't fall to such traps.

Your point is right but for trading a trader has to learn everything by experience. No matter how profitable the trade seems to be it will turn into loss. If 60% is lost the trader with good experience in trading will gain two or three times more than that. That's why if you give up the trade, you have to take risks with the ability to win. As the crypto market changes along with the price of the coins it will become more efficient if you stick to your own experience.

Um no, profitable traders in my experience would rather shut up and say nothing.

Then there are those who profit from others, either subscription, signals or commissions. They will never tell you 2 things. First, their actual trading isn't profitable. They make money from you. So you shouldn't know that or you stop making them money. 2nd, you will almost surely lose money in the long run because amateur trading simply is set up to fail.

your friend is right. We don't have to trade often or have a large coin portfolio. I think our trading is always targeted with analysis accuracy of at least 90% without misses, which is one way our trading is quality. Apart from that, I'm sure the coin your friend bought was not just any coin, it must have at least a ranking in the top 100 of CoinMarketCap. but he won't tell many secrets, it's the same as giving away many secrets. I think you are close enough friends with him to dig up information.

True events, you should also add that many beginners in trading are only doing trading because they saw an advertisements about trading or influencers that flexing their luxurious life because of trading, this kind of advertising will attract beginners in trading they will take advantage of the mind of the people that wants to earn and being shined by the beautiful words or advertising about trading being a good source of income, but in reality it is not, influencers only do this to attract potential investors to avail their services, in short its for their own good and from that many beginners tend to go to a wrong path of trading and end up losing a lot which will make them stop and blame trading. 

Trading will never be easy; it will never ever be. That's why you shouldn't believe everything you see on social media or the internet that may look at trading as easy money. Trading is a very risky and dangerous thing that should require a lot of knowledge, skill, experience, and patience.

It's really true, a successful trader is constantly learning. At the same time, he arranges, so to speak, a natural selection of knowledge and ideas. He discards those ideas and practices that did not suit him and did not justify themselves in trading; leaves those that pass the test. As a result, he gradually accumulates a baggage of ideas and technologies for profitable trading.
       There is such a thing as the evolution of a trader. This is a thing that is not customary to talk about. For some reason, it is believed that a trader should stop developing and not learn anything new.

Such traders will only regret it. they may see a colleague who is successful with trading. and those who saw it wanted to start and follow his successful path. they thought it would be as easy as making a profit. but without knowledge and experience, trading will only give you losses.
Beginners and experienced traders alike must take lessons from every trade they make. it can provide advantages or disadvantages. everything is developing and if we can't adapt to the market, then we will be left behind.

This, people out there seem to think that to become traders the only thing they need to do is to open an account at an exchange, make some trades and money will follow, but trading is way more complicated than that, you need to select your trades very carefully and let the market come to you, and if a trader cannot do this then they have almost no chance to succeed as they will take any trade that may come their way, not understanding they need to be way more selective than that.

Losses are inevitable for traders, even if they are experts. Perhaps the difference is that the percentage of losses they will receive will be lower compared to a beginner or someone who is learning about trading.
Profits and losses will always go hand in hand in trading, we do not abolish either of the 2 words. Maybe minimizing it is the best word to say someone who is already an expert in trading. The market cannot be predicted precisely every time, especially this is a trade that once the movement will be very detrimental. Unlike investment which does take a very long time to take profits.

It's not possible for a trader to always achieve a specific profit target with their trades. So you can't win 60% or more out of all your trades if you are aiming for a 1:3 risk-reward ratio. A trader needs to settle down with much lower rewards on a lot of occasions, and they might lose bigger trades than what they have gained in earlier trades. Cryptocurrency trading is just like a rollercoaster, it has a lot of ups and downs but it's also fun sometimes.

The cryptocurrency market is highly unpredictable, and that is the reason why even the experts have to face losses sometimes, and that's not a problem at all as long as you are not giving up. A trader must learn from what they experience and improve their knowledge and skills to become more efficient with their trades.

This is what people should realize on the first place so that they wont really be finding themselves really that impulsive on the thing that they are doing. If they are really that making themselves that having those kind of mindset on which it really turns out that they are really that making themselves delusional then this is something that they must avoid it on the first place. If you are that someone who do have those kind of hopes and targets in the first place then it cant really be denied that it would really be that making you desperate and this is where actions that had been made would really be definitely be ending up into those actions
which arent supposed to be done.

Trading is something that wont really be easy because if it was easy in the first place, then tons of people would already be that making money and making themselves that rich but we know that
this is a market that cant really be just easily be handled in the first place. Its not something that you could be able to learn overnight and this would really be  taking up years
and would really be that involving tons of trial and error which you do need to handle.

In fact, that's a very easy way of catching who isn't a trader but claims they're. Anyone who tells you they don't lose trades just know they're lying. Every professional trader you see now do experience moment of loss too. What makes someone a profitable trader isn't because they don't lose trades but because they have short or small loses with long and big wins. That's the only way they will remain profitable. In trading, no one holds the holy grail. We're all speculators. If anyone were sure where the marked is accurately headed every time, they would be very rich overnight.

In a normal circumstances, its obvious that trading is something we know that have to do with research and careful and consciousness, so when you come in aspect of trading, it's quite obvious that trading don't have to do without continuous learning, its a skill that you need to note down any point of what you are doing, so I believe that when you learn trading today and you continue to practice trading their is some certain things you have learn again in addition of what you have experienced when practicing than the one you learnt

You cannot stick to the one and only strategy that you know when it comes to crypto trading. 1:3 ratio is a good start but without proper knowledge or a decent strategy, you may lose everything. The cryptocurrency market is evolving every second and only technical analysis is not enough to survive in this evolving market. Sometimes quantity beats quality. Even if you are making less profit, you can do multiple trades to make that numbers go up.

It is important to know that many have become successful by following certain strategy but it does not apply to everyone because those who are successful have some kind of skills within them. Not everyone can do that.

That's true.

Your quality of your trades and how much they are in with those are the most important ones. Because if you're not going to be buying that much and you're always on timing with your sell offs. That's what matters.

The timing that you do and the execution of your trades are the ones that's going to make you money. Even if they're few but the accuracy is 100% and ratio you're doing is favorable for profit, it is what is giving the profitability of a trader.

It's the whole point of proper risk management. The trader already knows that his trader are not going to be 100% wins, and therefore ensures he does not blow off his account to zero because of a few bad trades. The aim is to “Live to fight” another day in case the trade they made was a wrong call.

A very good winner is the one who is consistently winning if checked on the long run. In the words of the Op, no one has a crystal balls, it is a fact. At some points in time, strategies fail, even if you are well desciplined and has a very high risk management skill, a bad day will still be a bad day whenever it wants to.

OP, when I read the title of your thread, I was expecting some huge facts I haven't known. Sorry, I was somewhat disappointed. Not that what you said isn't nice or a good fact, but my expectation was high.

For us to make profits from the market, we need to get prepared and learn from the best. I have seen people asking random questions about trading here which is not supposed to be so. These are questions that need to ask but not in the forum if we know what we are doing as traders. These kind of questions need to be forwarded to our trading mentors or people that taught us how to trade.
Trading is very rewarding if we are patient and get the whole story learning without becoming too desperate to make quick money.

OP, all you mentioned showed that you know more about trading but I want to ask how successful have you been in trading, if you have been very successful I will like you to do me a favour by giving me more tips, I remember what I read about trading that involving yourself in trading does not guarantee success and again trade with what you can afford to lose, I begin to think about this orientation, I found out that the trading itself is not safe and any occurrence is bound to happen at any time, and also as a trader, you should be ready to either lose or gain, Op I sincerely appreciate you because you experience and all you have said, you just made me to get some point straight.

Risk to reward ratio is only one of such tip from profitable traders, there are some other little things that some of them have learnt from over the years of trading that can only be acquired by experience. From some conversations I have had with traders who have proven results, there is always some new things to learn. Some traders will tell you to set a strong support line at the beginning of the week to observe the trend the market is taking for that week, some will tell you to not trade on too many pairs, etc. the thing is that there is always a personal tip from every trader you meet. The more you meet professional traders and have personal heart to heart conversation with them about trading, the more you learn.

Quality over quantity would be always the best approach but people would really be trying to cope up and trying to achieve on having multiple trades but quality ones.Yes, it would really be that good if you do be able to reach out such condition or situation but we know that it wont really be that something simple but rather it would be a challenging one. I dont know on why topic title is really that totally derailed if we do speak about on the topic content itself on a side note- Going focus on that title first, no colleagues would really be telling you about their winning or losing trades on which it would be normal that we would really be that skeptical on showing up our negative or losing side even if on how close you are with your friend or to those people who you are with unless if there's someone whose really that too open then they might be telling you.

Second situation about on the methods on making yourself that profitable, then its your call and no matter on how you do deal up with those price movements then it would always be that just that depending
on how you do be able to assess such conditions on which it would be always that reflecting on how well you do make out those kind of decisions into your advantage. Thing here is that you should really be that knowing
on what you are doing and what are the targets that you are really trying out to achieve.

Multiple trades will only make one to become confuse especially if he's a newbie in the market. We don't know how it works but we just have to stick to a plan and ensure we grab significant profits and enable our stands in the space.  This present day, no one is after the crucial experience imitated, what we're all after is the profits we will draft from the space. Every trader that's actively in the market knows the specified strategy that works for him and most of these traders wouldn't want a situation were they will share the strategy that would bring enormous profits on the table.

There are different strategies implemented by traders and I don't think 1:3 ratio will be of any good, there is a huge difference between writing stuffs about trading and actually trading and following it. I don't believe in this ratio rather I believe in my own rules which I have set for trading which is a mix of multiple trades with small profits instead of waiting for one big trade. I know most of the traders don't prefer multiple trades of small profit but it has worked well for me.

It is true that psychological training is essential in helping traders become better at dealing with the challenges that exist in the financial markets and achieve success in the long term. Because no matter how smart our analysis techniques are, without good psychology, our trading and even our lives will definitely be in shambles.

In my opinion, a good psychological exercise is to trade directly using small amounts of money so that later you get used to it and create experience. We can also learn from mistakes in trading so we can reduce the same mistakes. That way we will survive, even if it hasn't improved, at least if we can survive, that's good. If you say practice, then people will think of a demo account.

You can’t make it so big in trading if you only relent on the 1:3 risk ratio for a very long time. More experienced and technical traders take higher risks than that because of the reward that comes with it and how big they will make it when they increase the risk ratio. I am not going against your logic, but it is mostly suitable for beginners and inexperienced traders that are still yet to know the difference between good and bad trades. If you can tell a good trade, you won’t have a second thought on whether to increase the reward ratio or leave it in that manner when you want to make lots of profit.

After all, we are the makers of our trading journey, we can't rely on others or think that they would help us. That is why we don't assume that even successful traders will tell their strategies ( or secrets) we make it the same. I say no because as you have said, it depends on the quality of our trade and the way we respond to the market changes. Perhaps, we can gain success by our way of trading, our strategies, and of course, our pursuit of our goal. Because no matter how many mentors will accompany and teach us, it is different when we are trading alone.

Honestly quality over quantity is the way out of becoming a successful trader that is why some skillful traders adopted a minimum trading chart of 4 hours timeframe or daily time frame they did some trading analysis in a short time and entered or trade 2 or 3 quality trades or trading setup that conform with their trading strategy thus by entering a high quality trade that has a big reward to small risk ratio, this is very common in forex trading, losses are inevitable yet a skillful and experience trader with a very good trading strategy would always be profitable in the long run, however getting to that big stage as a trader requires a thorough learning, research and backtesting of chart.

That’s true, we will never stop learning in trading because the market moves faster than we think and we know the risk will always be there and we have to adjust accordingly. There are traders who work tirelessly just to master their strategy and I believe that’s the sacrifices that we should take first before trading big money. If you are also struggling in your trades, don’t worry its normal what you can do along the way is to learn and be more cautious.

I can agree that what really matters in this case when trading is an individual risk management strategy, because despite how you make your analysis, it can still go against your strategy. To an extent I still liken trading to gambling, because all the best efforts can yield you nothing, while minimal analysis can be profitable. I agree with OP that no one has a crystal ball to determine how trades will really go at the end of the day, so every trader will have to find a risk management strategy that suits them.

There are so many things we can learn as a trader for us to gain big experience in the market.Tradimg is more of learning and adjusting trade for a better future profits that keep using the old strategy continually. Trading is just like gambling whether we might be fortunate to win today and tomorrow we lose again. Trading is technical and difficult more what we don't know. For us to keep making profits from the market, then we need to keep working and checking our profitable traders to know how they were able to keep making consistent profits from the market.

yes, this will be a good habit, which will have a positive impact on the trade made.
Psychology in trading provides a dynamic in every step taken.

Psychology is like lubricating oil in an engine that will lubricate everything so that the work of the engine is not too heavy and will be faster,
this is called good acceleration.

It's heading. Psychology is the most important aspect in trading execution.

It's not easy when you first start implementing it, but it won't feel difficult if you are consistently willing to do it every time a trade is made.
As is a well-known sentence, a burden will feel lighter if it becomes a habit.
The psychological aspect of trading is like oil in a car, not fuel.

That is true, continues learning will edify our trading capability. And if there is no mistake in the trading there will be no correction. Mistakes are unavailable and there must occur for one to learn. A good trader must learn from his mistakes. Risk takers are profit makers at the end of they are persistent with the trading. There are some days they would not make any profit but the others they will win good. Trading is like gambling but trading is much more better than gambling.

Though I can't say there is no perfect traders in the trading but perfect traders also make mistake. So practice make one always perfect.

In that case, stop calling ourselves as a skilled trader. We don't need to have a crystal ball to see what will happen next, only we need assumptions/predictions which is why we have TA. And aside from that, a trader should never doubt themselves but rather choose to be courageous.

If we see some trader become successful, we have to say that they are gifted because even asking and following their strategies and way of trading, still the results are different. WHY? It is because we differ in making a decision and emotions dealing.

So this takes practice so that psychology is not too affected when starting a trade.
Because the final outcome of a trade will be determined by your decisions that will involve psychology.

It's not easy, but if you get used to it, everything will go well.
I was always afraid of the decline at the beginning and too frantic to sell, even though the price target had not been reached.
When the analysis is mastered, you only need to see how the market will move and there is no need to panic too much.

All matters with risks management because not all would really be that mindful about into these things into the time that they would really be dealing up with trading. Your initial thoughts would really be pertaining about on how to make money on easiest way as possible on which they would really be having those thoughts that buying low and selling high kind of principle would really be just that easy or something that  you could really be able to deal off with without even trying out to realize or thinking up on realistically on how things should really be done and should be treat up. Being that confident wont really be that bad but that confidence would be shattered along the way on the time that you would really be experiencing those losses on which i can say that it is really that inevitable. Skills can be obtain through continuous engagement and this wont really be just that short time but rather a longer one.

It isnt really that people wont be telling their methods or ways because it is really that eventually can be learned up along the way. You are the ones who would really be finding on what kind of trading method
or ways you would really be seeing that it would really be effective for you. There's no such thing about holy grail or what because everything would really be just that depending
on how well you would really be handling yourself into this market.

Simply put, yes. It's too easy to explain but it's very practical and in my opinion that has been felt by traders in general.
Once you are right. It is not enough to rely on technical analysis in trading, but the psychological aspect is very influential in smoothing out all technical analysis practices and other trading strategies that are prepared.
Psychological aspects such as patience and not taking risks are too difficult to achieve, such as forcing yourself to do more than your financial capabilities.

Describing trading in theory does seem easy and even anyone can understand it with just one study.
But what is difficult is when doing trading practices using the theory that has been learned.

Trading is not only fixated on the analysis carried out, but psychology will also be influential.
So even though the theory or strategy used is the same, the results will be different.

Applying the pattern or strategy as described, there will be no guarantee that it will give the same results.
Since every trader has a different level of psychology and strategies cannot be fully applied, there will definitely be differences.

That seems right.

That's why you need to learn and don't stop learning every day from the experiences you've had.

Trading technicals in theory feel very easy to explain here. For us, this theory is very common to read because before you discuss it here, many other people have shared theories that they think need to be used in trading.
The profits obtained by traders are different and not all traders earn as high an income as you have shown in your example. I still admit that there are traders who have succeeded in making a profit with the trading patterns they use. The question from your narrative is, can we be sure that each of us will be successful if we apply this pattern.
I think the answer is varied because trading is not as easy to do as one might think.

Risk reward ratio would really be that relevant on the time that you would really be dealing up with trading or any investment out there on which it is really that something that you do really need to do when you do deal up into this market. Somehow i do agree with that when it comes on using up that 1:3 kind of ration then 60% winning chance will be common sense that you are really that indeed doing well or something that do really make our profits. If you dont find yourself to be that profitable in the first place then you would eventually notice that basing up on the capital that you do have. It would be that too impossible that you wont really be able to see whether you are making up some progress or not.

Skills and knowledge would really be that depending on someones capacity or capability since not everyone would really be having on the same level when it comes to this matter.
Results would really vary or would really be that depending on how well you do make out trades. It is really indeed a competition in between buyers and sellers on which if you do find out
yourself to be having those skills and a little bit mix of luck then you could really be having that advantage.

Inasmuch as am trying to recap the information the OP is trying to pass, I also align to the part he said we shouldn't stop learning to enhance our trading ability, though trading can sometimes be very complex considering the fluctuations of prices of assets in the market but there is still need to have a thorough study of how the system works before trading as it will help not to incur so many losses.

 
I only believe what you said here, and I don't care about the other things you said. As traders here in the crypto business industry, we should never stop learning trading. Even if we say that we already know something more here,.

Instead, let's continue learning crypto trading. There's really no reason for us to stop, because continuing to discover knowledge here will give us a better state in the future and also give us a good profit in the end.

I lol'ed, thanks for good laugh.

We lose to gain experience and lesson taught. Losses and wins get activated in the system on a daily basis, and they apply to all categories. Skilled traders generate tremendous losses in the system, but they always fight to recover with significant profits. There constitute significant ambitions to achieve in each season, and there are several opportunities to capitalize on with the goal to become one of the main indicators. Trading does not seem to acknowledge anyone in the sector, whether they are novice or experienced traders.

Unfortunately, beginner traders are not told this reality. Instead they want to hear that trading is for everyone that trading is easy and everyone can make $10,000 a month trading simply by following a line on a chart. If you lose on 70% of your trade even as a skilled trader then you are not qualified to be called a skilled trader. Your losses should be reasonable as there are losses that comes as a result of the fault of the trader and there are those that are as a result of the market.

A beginner reading this your approach towards trading should be one mixed with a little bit very cynicism and a little bit angry at the world because the rest of the world is there to take your money. Question everything every method, every system every objective is a good basis to start trading.

The 1:3 risk reward ratio trading strategy may not be possible, because in order for there to be quick profits, the risks must be high, and then the ratio will not remain 1:3, and this ratio will not bring you large profits, even though you are making profits.
Try, learn and benefit, and then determine the trading strategy that can be acceptable to you so that the total number of trades is profitable and the average of them leads you to increase your Bitcoin holdings.
If you want to choose 1:3 risk reward ratio, always check Stop loss gain%.

You nailed it here. Even an experience trader will at some points have bad trades. What matters the most is their risk management strategy. The balance between the risk reward ratio and the win rate should also never be ignored. A trader can have a very high risk reward ratio yet the win rate is shitty, or could have a very good win rate, yet the risk reward ratio is not good enough. In this case, he will just be giving the exchange lots of trading fees while the equity in the account just keeps going down.

If you lose 60% of your trades, you likely will be rekted by the market and trading.

It also relates to the trading capital size for each trade you want to do. You can start with $100, double it to $200 but if your trading strategy is always you use all money for trading, even if you increase your trading capital to $1M, you can lose 80% or 90% of it in one trade.

With this trading strategy that is risky, you will probably have loss rather than profit at the end or in long term.

Who can have that high successful trading rate?

Not most of traders in the market.

Am sorry, criticism accepted,  will learn from it.

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What kind of BuzzFeed-like title is this? You're technically not wrong, but let's not pretend that what you've written is not very common information that even non-profitable traders with half a brain already know.

In other to be a very good and Skill traders we should not stop learning to enhance our trading ability.

In trading no matter how skilled a trader is, he will most times lose some of his trades because no one has a crystal balls.
 What makes them stands out and make them profitable is the risk to reward ratio, yes I mean 1:3 risk reward ratio.
Like example, you are willing to risk 10usdt to make 30usdt, if it goes your way, you make 20usdt more.

When you take only such trades, even though you lose 60% of your trades, you will still be profitable.
Though most people have the ability to win 80% of there trades because of how skilled they are.
It's very important that you take only trades that makes the good days to count,  don't take any trades that wouldn't give you the minimum 1:3 risk reward ratio.
That's what the profitable traders do, no one has a crystal balls,  everyone do experience some losses, but if you can win 50% of your trades while trading only 1:3 risk reward ratio then I bet you, brother you are definitely smiling too the bank .

it's not by taking multiple trades, it's about the quality of the trades that makes the difference.