When Trading becomes Unfavourable | Bitcointalksearch.org

stomachgrowls

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Quote from: Sorryfor on March 27, 2024, 12:52:35 PM

Yes trading is a risky activity in most cases. In trading a man needs to control his emotions as well as be tactful and have proper knowledge about trading And for trading you must control your excessive greed and also you must avoid the mistakes you made in the past in trading otherwise you will not experience much profit from trading. On the contrary, you will suffer. And those who are newbies should not turn to trading first and give more priority to investment. Besides, you will be able to profit by trading in small funds and avoid your mistakes by avoiding losses. So it is better to completely avoid big mistakes in trading.

There are lots of factors on which it would really be affecting your trade results on which we know that this is something unavoidable but at least on the time that we are already making up such
gaining experience and learning then we would really be able to lessen up the risk on which this is something which is really that could happen depending on the hard work you are really that making on.
Trading isnt always that becoming ended up on profitable on which loses would be there, the important thing on here is that you do really know on how to make adjustments on the time that you would
really be able to make yourself that experiencing these situations. Trading could neither be profitable and losing one and if you are someone whose really that impulsive on things then
you would really be having a hard time on sustaining this unpredictable space on which this something that you should be looking into.

Sorryfor

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Yes trading is a risky activity in most cases. In trading a man needs to control his emotions as well as be tactful and have proper knowledge about trading And for trading you must control your excessive greed and also you must avoid the mistakes you made in the past in trading otherwise you will not experience much profit from trading. On the contrary, you will suffer. And those who are newbies should not turn to trading first and give more priority to investment. Besides, you will be able to profit by trading in small funds and avoid your mistakes by avoiding losses. So it is better to completely avoid big mistakes in trading.

TheUltraElite

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When someone has mastered trading well of course they will be able to have a strategy that they use in trading to generate profits and if you have been able to make a profit from daily trading of course you have been able to understand well how to analyze the market correctly so that you can gain profit from the trades you make and of course you have good experience from every trade you make so you can get daily profits from trading.

I dont agree when someone says that they have a strategy to generate profits everyday or so, because that is a foolish thing to believe in. Trading being a speculative thing, depends on so many factors that are beyond our control, so your method might give profits in a short term scale but not everyday or even every week or month.

Trading will become unfavorable at times you just have to go through with it and often taking a break helps. You will see this more when day-trading instead of long term trading where things stabilize out a lot.

Baki202

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Quote from: snowpega on January 30, 2024, 12:57:44 PM

This is too common to many people they fall prey to Greed. Greed is the worst enemy of humans but those who set their goals when to book profit can easily overcome greed. In my own opinion when you open any trade set your hit points and when the price hits your planned goals book some profit and book some more when the price hits another goal in this way you can overcome greed. It is a challenge for the traders to have the best control over their own greed.

I wonder what even the definition of greed is. I know some emotions can drive you to make some kind of decision but the truth is that people want to make money, and if those people have enough, they won't pass their boundaries. I'm very sure of that. and when you hit your profit and you see that there is still a window, you can give it a try to see if you can make more profit because, as it is, nobody will feed you, am sure most of those actions will not cost you that much since there are measures It won't be a bad idea to try something to see if you can make more profit.

Quote from: boty on February 03, 2024, 12:18:15 PM

If we trade greedily, it will be very unlikely that we will be able to make the right decision in the trade we are making and this will also be very detrimental to ourselves, we will incur a lot of losses if we do it greedily.
Yes, it would be very good for us to have a plan before starting to trade and when we have reached the target we have set we will be able to take advantage of the trade so that we don't analyze again and continue to hope for the profits we will get in trading so that we have missed the benefits we have gained.

Because I am still thinking that if you do not take certain risks, you will make money from crypto, and I am trying to use the same strategy that I use in gambling and trading. and having a plan is good but most of the time, planning does not work. Just make sure that your analysis is correct, and if you have the right analysis, you can make a profit if your analysis is correct because everything is about risk, and if you know how to take risks, you make money.

Zanab247

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Quote from: boyptc

Just do the trade that what works for you. If following the trend works for you and it is profitable then go with it.
If doing day trading works for you then be better with your decisions and be profitable.

The most important thing in the trading, is to ensure you follow the strategy that is helping traders to be profitable all the time in their trading, if day trading is what is profit you whenever you trade in the market, you can continue using day trading to continue enjoying your profits in the market.

Quote

Not at all times you will be a profitable trader. So do what makes you good and you know how to come up with it as you trade.

But if you are a professional trader, it will be difficult for you not to experience profits all the time when you trade your coins in the market because, you know when to trade to make that profits you are looking for in the market and you know when not to trade to avoid losses from the market.

Fatunad

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Quote from: bettercrypto on March 01, 2024, 04:23:56 AM

Quote from: KupaCrypto on August 14, 2023, 05:17:23 AM

There are few factors that leads to unfavourable trading, these factors includes Greed, and chasing a trend, Traders are expected to encounter Challenges during trading and relating these challenges with people's experiences can be the key in solving the challenge,
Sticking to the trading plan is also good to avoid unfavourable trade as changing plans in the middle of a trade Can really lead to a loss in trade.

It is said that there is no perfect trading, so we can always get earnings here. And this is true because not all traders are the same in the analysis they do and the opinion they read on the chart.
We must learn to have a basic system so that we can get the right technical analysis for the trading activity that we do on any exchange that we do trading on, right?

And we should also be prepared for unexpected things because that's where we can grow and learn more about trading skills.

We should bare up this thing in mind that there's no such thing about being a perfect trader on which no matter how veteran you are or professional then losing is inevitable since this market is volatile and unpredictable.
The only difference into those people who do make out those dealings is that they do know on what they should gonna do. If we do make out such comparison in between noobs and pros then there would really be having that kind of gap in between on how they do handle themselves out of this unpredictable market. Trading isnt always meaning out about being profitable but rather it is also that having those kind of moments or times
that you would really be that having the loses.

There would really be those moments that you might thought that you had made out some profits or money but in the last minute or second it turns out to be negative, then it does really bring out that
frustration on which you would really be having those thoughts that Trading is shit and this isnt something for you. On the time that you would really be able to get up such
experience then you would really be able to make those kind of insights that this is really just that part of the game.

Bravut

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Quote from: Oshosondy on August 14, 2023, 05:36:21 AM

This is crypto. Another thing that can make someone to lose is the coin they are using. I prefer to use bitcoin and just bitcoin alone. There are some good altcoins too, but I prefer to focus on bitcoin. There are many altcoins that are gambling and they are shitcoins. The trader may be very good, having good analyses that will favour the traders if they use good coins like bitcoin, but using shitcoins will lead to losses and losses.

Do you mean that as traders we losing trades is as a result of the coins we are trading?
Or you mean one should focus on one coin rather than trading more than two coins?

I can’t see a situation where Bitcoin or altcoins will affect the outcome of such trades if it was a good and high probability trade, our analysis is subject to how that trader sees or thinks the market will move.

You can still enlighten me more on your point.

bettercrypto

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Quote from: KupaCrypto on August 14, 2023, 05:17:23 AM

There are few factors that leads to unfavourable trading, these factors includes Greed, and chasing a trend, Traders are expected to encounter Challenges during trading and relating these challenges with people's experiences can be the key in solving the challenge,
Sticking to the trading plan is also good to avoid unfavourable trade as changing plans in the middle of a trade Can really lead to a loss in trade.

It is said that there is no perfect trading, so we can always get earnings here. And this is true because not all traders are the same in the analysis they do and the opinion they read on the chart.
We must learn to have a basic system so that we can get the right technical analysis for the trading activity that we do on any exchange that we do trading on, right?

And we should also be prepared for unexpected things because that's where we can grow and learn more about trading skills.

Tigerheart3026

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Quote from: Volimack on February 29, 2024, 12:31:13 AM

Quote from: Rehan Zakir on January 30, 2024, 08:35:25 AM

When you takes wrong decisions.. It means when your trade goes opposites to your prediction. You have to keep patience don't react too much on it. Try to book some loss and take patience and wait for the best time to take an entry.
Trading is a name of patience.

It is not possible to do business without patience. There are many ups and downs in the market. If you can't keep your emotions connected there will be adversity and loss. If you can't control your emotions you won't take a good trade because of fear or you will leave it with less profit. Or sometimes after taking a trade if the price goes against the expectation the loss amount will increase.

right if crypto market is high volatile so we have to keep in mind before start trade, without patient must be face losses in trading, if someone can not control emotion then he/she will made panic sell, panic seller can not make profits from trade because they won't accept any downs.

Volimack

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Quote from: Rehan Zakir on January 30, 2024, 08:35:25 AM

When you takes wrong decisions.. It means when your trade goes opposites to your prediction. You have to keep patience don't react too much on it. Try to book some loss and take patience and wait for the best time to take an entry.
Trading is a name of patience.

It is not possible to do business without patience. There are many ups and downs in the market. If you can't keep your emotions connected there will be adversity and loss. If you can't control your emotions you won't take a good trade because of fear or you will leave it with less profit. Or sometimes after taking a trade if the price goes against the expectation the loss amount will increase.

adpinbr

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It is always good and advisable to stick to your trading plans or lose during your trading, because you may see some good move that will come up during your trading, and you may decide to take those moves, and those moves is not analyze or calculated by you if you eventually take those move on your trading, you may succeed in making more profit during your trading, and you may also lose.
The chances of you making profit or succeeding during your trade if you make a different move and not sticking to your trading plan is high, and may result to lose of trade, you have higher chance of losing if not stick to the plan because the plan is what has been analyze, and calculated based on previous trades and other traders so it is always advice to stick to your trading plans.

Minebea

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You win some You lose some. Outcomes or results would really be entirely be depending on how well you do make yourself making those trades. Not all would really be that profitable
and not all would be successful but doesn't mean that you would really be just trying out to avoid and completely stop due to some few loses. Thing here is that
you do really end up on making yourself profitable despite of those loses. Always keep in mind that trading does have those loses inevitably and never ever
think that trying out to have zero loss because it cant be possible.

Bushdark

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Quote from: boty on February 03, 2024, 12:18:15 PM

Quote from: snowpega on January 30, 2024, 12:57:44 PM

This is too common to many people they fall prey to Greed. Greed is the worst enemy of humans but those who set their goals when to book profit can easily overcome greed. In my own opinion when you open any trade set your hit points and when the price hits your planned goals book some profit and book some more when the price hits another goal in this way you can overcome greed. It is a challenge for the traders to have the best control over their own greed.

If we trade greedily, it will be very unlikely that we will be able to make the right decision in the trade we are making and this will also be very detrimental to ourselves, we will incur a lot of losses if we do it greedily.
Yes, it would be very good for us to have a plan before starting to trade and when we have reached the target we have set we will be able to take advantage of the trade so that we don't analyze again and continue to hope for the profits we will get in trading so that we have missed the benefits we have gained.

When trading becomes too unfavorable, we should leave trading and relax maybe go and chill and have a good time with ourselves.
To make money should not be forced, so we have to plan ourselves and keep working on new strategies or adjusting to make sure that we can make money from the market. When trading looks like it is becoming hard for us, we need to make sure that we keep working on learning more about how to trade without becoming a loser.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Myleschetty on February 08, 2024, 11:36:58 AM

When trading becomes unfavourable, the best thing to do is to take a break which will let the traders see the area where the mistake comes in which could be choosing the wrong product.

Taking a break is never a bad option. You often need to have a different picture in front of your eyes instead of the trading terminals to be able to think outside the box and give everything a fresh look. It does not always work but it can if you want it to and be able to place that next intelligent order.

Mistakes are more common when you are burnt out from trading and not in an emotional state to make these decisions any more. In this regard long term trading is much safer - indeed day trading is not for everyone and is stressful.

stomachgrowls

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Quote from: Fatunad on February 07, 2024, 03:26:45 PM

Quote from: Gladitorcomeback on February 07, 2024, 05:26:57 AM

Quote from: boyptc on February 03, 2024, 11:13:20 PM

Just do the trade that what works for you. If following the trend works for you and it is profitable then go with it.

If doing day trading works for you then be better with your decisions and be profitable.

Not at all times you will be a profitable trader. So do what makes you good and you know how to come up with it as you trade.

The main question here is even we have to stop the trade or continue trading without caring of previous loss. You opinion is good to adopt other trading strategy but problem here is that when someone loss he also loss emotion control and the idea/strategy he made before the trade changed and now trader doing all trade just for revenge (to recover loss) which mostly cause a big loss. Actually I experienced this situation myself and lost and then only regretted upon the mistake i did. I will recommend to stop trading and wait for cool down and then start trading again after 24 hours with new strategy.

When it comes to this then this is where Plan B's or C's and so on will really be that significant and this is something a trader that must have for them to be able to achieve out such thing on which we know that
that trading is never been that a predictable thing on which it is really just that right that we would really be needing to get prepared and having those back up plans whenever we do able to hit and experience
those sudden u-turn of events on which we know that this is something that could really happen into this market because its never been that predictable in the first place.

Trades that you could have might really be that ending up on having those kind of outcome or results on which you dont be able to expect. There would really be those moments
on which you would really be experiencing those unfavorable situations on which it might really be leading up to loses but doesnt mean that this is over.
You could really always have that kind of recovery if you do like.

I do agree on what you have said that we should really be having those back up plans because not always our initial analysis or plan would work out and due to tons of possible market conditions that could happen
then there's no way that you could be able to make some spot on strategies on which you do able to make money.It would be inevitable for you to be able to encounter those different things that
you didnt even expect for it to happen on you. Just like on what you had said that you would be needing to make those adjustments so you could really be able to act accordingly into the situation.
Expect the unexpected on which this is something that you should really be putting up into your mind so it is really just that right that you would come to be prepared on such condition.

Myleschetty

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Quote from: Gladitorcomeback on February 07, 2024, 05:26:57 AM

Quote from: boyptc on February 03, 2024, 11:13:20 PM

Just do the trade that what works for you. If following the trend works for you and it is profitable then go with it.

If doing day trading works for you then be better with your decisions and be profitable.

Not at all times you will be a profitable trader. So do what makes you good and you know how to come up with it as you trade.

The main question here is even we have to stop the trade or continue trading without caring of previous loss. You opinion is good to adopt other trading strategy but problem here is that when someone loss he also loss emotion control and the idea/strategy he made before the trade changed and now trader doing all trade just for revenge (to recover loss) which mostly cause a big loss. Actually I experienced this situation myself and lost and then only regretted upon the mistake i did. I will recommend to stop trading and wait for cool down and then start trading again after 24 hours with new strategy.

When trading becomes unfavourable, the best thing to do is to take a break which will let the traders see the area where the mistake comes in which could be choosing the wrong product.
You're right when you said something about emotion control and the best way to control is still taking a break and re-strategize.

Fatunad

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Quote from: Gladitorcomeback on February 07, 2024, 05:26:57 AM

Quote from: boyptc on February 03, 2024, 11:13:20 PM

Just do the trade that what works for you. If following the trend works for you and it is profitable then go with it.

If doing day trading works for you then be better with your decisions and be profitable.

Not at all times you will be a profitable trader. So do what makes you good and you know how to come up with it as you trade.

The main question here is even we have to stop the trade or continue trading without caring of previous loss. You opinion is good to adopt other trading strategy but problem here is that when someone loss he also loss emotion control and the idea/strategy he made before the trade changed and now trader doing all trade just for revenge (to recover loss) which mostly cause a big loss. Actually I experienced this situation myself and lost and then only regretted upon the mistake i did. I will recommend to stop trading and wait for cool down and then start trading again after 24 hours with new strategy.

When it comes to this then this is where Plan B's or C's and so on will really be that significant and this is something a trader that must have for them to be able to achieve out such thing on which we know that
that trading is never been that a predictable thing on which it is really just that right that we would really be needing to get prepared and having those back up plans whenever we do able to hit and experience
those sudden u-turn of events on which we know that this is something that could really happen into this market because its never been that predictable in the first place.

Trades that you could have might really be that ending up on having those kind of outcome or results on which you dont be able to expect. There would really be those moments
on which you would really be experiencing those unfavorable situations on which it might really be leading up to loses but doesnt mean that this is over.
You could really always have that kind of recovery if you do like.

Gladitorcomeback

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Quote from: boyptc on February 03, 2024, 11:13:20 PM

Just do the trade that what works for you. If following the trend works for you and it is profitable then go with it.

If doing day trading works for you then be better with your decisions and be profitable.

Not at all times you will be a profitable trader. So do what makes you good and you know how to come up with it as you trade.

The main question here is even we have to stop the trade or continue trading without caring of previous loss. You opinion is good to adopt other trading strategy but problem here is that when someone loss he also loss emotion control and the idea/strategy he made before the trade changed and now trader doing all trade just for revenge (to recover loss) which mostly cause a big loss. Actually I experienced this situation myself and lost and then only regretted upon the mistake i did. I will recommend to stop trading and wait for cool down and then start trading again after 24 hours with new strategy.

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Quote from: boyptc on February 03, 2024, 11:13:20 PM

Just do the trade that what works for you. If following the trend works for you and it is profitable then go with it.

If doing day trading works for you then be better with your decisions and be profitable.

Not at all times you will be a profitable trader. So do what makes you good and you know how to come up with it as you trade.

Yes, it would be better for us to choose the type of trading according to the knowledge we have in order to make a profit, because if we follow the current trend it is possible that we will not be able to properly analyze the current market conditions so that we make mistakes in analyzing the market and also make wrong decisions in trading, it's true that a trader can't always make a profit, of course they make mistakes that result in losses from the trades they make, so it's important for us to be careful in deciding something when trading to be able to minimize losses in trading.

boyptc

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Just do the trade that what works for you. If following the trend works for you and it is profitable then go with it.

If doing day trading works for you then be better with your decisions and be profitable.

Not at all times you will be a profitable trader. So do what makes you good and you know how to come up with it as you trade.

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