What could be the problem here? - page 6.

mvdheuvel1983

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Quote from: letteredhub on August 17, 2023, 04:44:04 PM

Has anyone had such experience? If yes! Then how was or could it be solved or stopped?
The situation is getting psychological.

Small losses are important to a trader success but consistent small losses is a red flag that should not be ignored. You may be doing one of these three things wrong. They include your position sizing is too large and you keep adding to a losing trade, you do not close the loss at your initial stop loss, and you let the price keep running against you. To solve these problems if it one of the causes of what you are experiencing, you need to have proper position sizing, you set yourself a position sizing rule of 0. 5 percent one percent or maybe even two percent per trade and then you stick to it no loss should ever exceed this limit.

As with the issue with the stop loss, when the price hits their initial stop loss you should be out you do not. Never revenge trade and do not jump back into trades.

blckhawk

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Quote from: GreatArkansas on August 17, 2023, 08:05:40 PM

A common reason for me is not following your trading plan. Because if you have plans for every trade, you must be strict, like waiting for your entry which you already plan ahead of time, so you can have good entry and price target/stop loss.

Could be the reason but as OP have said, it's a rollercoaster of wins and losses so I don't think it's entirely due to not following a trading plan, if that was the sole case then OP would probably be losing more often. I might be on OP's side that this might be a psychological condition, that OP might be suffering on something that makes him/her overconfident when OP gets a win which ends up with the next trades get careless, of course this is still a hunch but if OP were to look back and see what he/she did wrong and if it's a repeated pattern then we know what could be wrong.

Husires

legendary

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Isn't that the definition of trading. You can make a profit one day and lose the next day, but the outcome after a month or two is the growth of your investment portfolio by a certain percentage, whatever the market situation, otherwise you should review your investment plan or just long-term investment.
The fact that you achieve a loss is a natural thing in trading, and you must accept that loss, but the outcome of the trading must be positive, otherwise you will not be able to bear that loss for a long time.

I do not see a problem, and with experience, the days in which you lose and the percentage of loss will decrease, but until that time, avoiding excessive thinking in trading is the safest solution.

Yaunfitda

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Quote from: letteredhub on August 17, 2023, 04:44:04 PM

What do we think could be the cause for a trader that has been experiencing a win and lose repetitive occurrences in his trades.

Like he places a trade today he makes profit and the next day when he places another trade he would lose it, whereas the next day he then makes another profit and lose it the next. And this happen been repeating for more than a month.

Has anyone had such experience? If yes! Then how was or could it be solved or stopped?
The situation is getting psychological.

Yeah, definitely, it can happen to all traders, because as we all know, trading and reading graphs and technical analysis is not a exact science (or math for that matter). And so you can make a lot of mistakes in a day and then have a losing pattern.

I guess one way to get out of it, but it doesn't mean it could stop or resolved is to get out and stop trading for some times. At least get it out of your mind and maybe you can comeback refresh and compose again. Or look very carefully, maybe you have missed something in your analysis that causes you to lose successive. There must be something wrong in your trading plan that you need to fix.

GreatArkansas

legendary

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A common reason for me is not following your trading plan. Because if you have plans for every trade, you must be strict, like waiting for your entry which you already plan ahead of time, so you can have good entry and price target/stop loss.
Another thing for me is volatility because sometimes we really don't expect the market, sometimes there is a wicked candle and our stop loss is getting hunted, which for me it's not really a nature problem, we must expect that always.

noorman0

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[Nope]No hype delivers more than hope

"Don't trade the next day after winning". Just kidding, but can be taken seriously.

It needs to look at trading habits, at some point it needs to be fixed. There are some typical traders who double the order level after profit which means increasing the risk, and it actually affects their emotions to trade uncontrollably and outside the plan. Or analytical skills and instincts increase when chasing losses. After all, it's just a random repetition that rarely happens for traders.

Dzwaafu11

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Quote from: letteredhub on August 17, 2023, 04:44:04 PM

What do we think could be the cause for a trader that has been experiencing a win and lose repetitive occurrences in his trades..

It is normal in trading to lose and gain profit as well, but the way you said it now makes me think that there must be something wrong; if not, it will not be like that, and a trader who is losing repetitively may even give up and leave trading. However, what I think may happen is that if the trader is not using one method of trading and is unable to fish out the one that is favourable for him, you can see that using multiple methods in trading can also affect him.

Maybe the method he used to gain profit today he did not use the same method tomorrow and he switched to another one. So I think if a trader is having this type of issue, he should calm down, not be greedy, have control over his emotions, and learn one or two trading strategies that he thinks he can master well to avoid too many losses.

jeraldskie11

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Quote from: letteredhub on August 17, 2023, 04:44:04 PM

What do we think could be the cause for a trader that has been experiencing a win and lose repetitive occurrences in his trades.

Like he places a trade today he makes profit and the next day when he places another trade he would lose it, whereas the next day he then makes another profit and lose it the next. And this happen been repeating for more than a month.

Has anyone had such experience? If yes! Then how was or could it be solved or stopped?
The situation is getting psychological.

Well, it really happens to all traders including profitable traders. The main reason why we experience loses in trading is because there are no strategies that has 100% win rate. We have to accept that sometimes we experience lose streak in our trading journey. We can't really control the market and can't predict the swing point. There's nothing wrong if you follow your trading plan but still encounter losses because it's normal. We just have to master in trading is how we can survive our funds in the long run, and this is the risk management. If you're emotional in trading you really have to take a break because you can just make bad decisions.

Lorokan

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Quote from: letteredhub on August 17, 2023, 04:44:04 PM

What do we think could be the cause for a trader that has been experiencing a win and lose repetitive occurrences in his trades.

Like he places a trade today he makes profit and the next day when he places another trade he would lose it, whereas the next day he then makes another profit and lose it the next. And this happen been repeating for more than a month.

Has anyone had such experience? If yes! Then how was or could it be solved or stopped?
The situation is getting psychological.

Situations as this would mean that the trader method of approach to the crypto currency trade is inconsistent; so to fix issues as this; the trader needs to figure out the reasons for inconsistencies

is it down to patience or greed or rushing the decision making process?
is it down to avoidable errors when drawing trading charts?
is it down to adding values outside what the charts preach? for example; if you read that the best exit is 19.05$ but you choose 19.10$ etc

If you are able to find answers to why there are inconsistencies; then you are almost closer to perfection.

usekevin

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DGbet.fun - Crypto Sportsbook

Quote from: letteredhub on August 17, 2023, 04:44:04 PM

What do we think could be the cause for a trader that has been experiencing a win and lose repetitive occurrences in his trades.

Like he places a trade today he makes profit and the next day when he places another trade he would lose it, whereas the next day he then makes another profit and lose it the next. And this happen been repeating for more than a month.

Has anyone had such experience? If yes! Then how was or could it be solved or stopped?
The situation is getting psychological.

The experience trader will had experience in both loss and profit.So they know how to react for the bear and bull market.It's most essential one by the traders to hold the valuable coins at the bear market.The less experienced traders will do panic selling at the bear market is the worst part of the newbie.The trading should be followed based on the long term,it won't followed on the short term.The bear market will some losses and you will face the loss only if you sell at the bear market.Or else it won't affect you,even the price of brought coin reduced huge.

Fatunad

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Quote from: letteredhub on August 17, 2023, 04:44:04 PM

What do we think could be the cause for a trader that has been experiencing a win and lose repetitive occurrences in his trades.

Like he places a trade today he makes profit and the next day when he places another trade he would lose it, whereas the next day he then makes another profit and lose it the next. And this happen been repeating for more than a month.

Has anyone had such experience? If yes! Then how was or could it be solved or stopped?
The situation is getting psychological.

For sure lots of traders did experience this but it would really be just that a little bit exaggerated if we are experiencing this for a whole month. For several days then i might consider or something realistic but for a month then its impossible but who knows but it is really that normal that you would really be making out some adjustments on the time that you are experiencing it for a row on having win or loss trades in specific period.
If it would really be alternating then you would really be still saying to yourself that you are really that doing fine unless if those trades are all loses then there's something wrong with your trading.

How to handle out such situation? Then of course you would really be needing to have adjustments on whats wrong with those losing trades. The thing you should bare in mind that the market is that unpredictable
and there's no assurance that on whatever kind of technical indicators your are using, it doesnt really give out an assurance that you would really be able to get a positive result.
It would always vary since market could easily fucked up your analysis which its something inevitable.

letteredhub

sr. member

Activity: 728

Merit: 271

What do we think could be the cause for a trader that has been experiencing a win and lose repetitive occurrences in his trades.

Like he places a trade today he makes profit and the next day when he places another trade he would lose it, whereas the next day he then makes another profit and lose it the next. And this happen been repeating for more than a month.

Has anyone had such experience? If yes! Then how was or could it be solved or stopped?
The situation is getting psychological.

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