Topic: When Trading becomes Unfavourable - page 3. (Read 1739 times)

Just don't expect too much whether you're an expert, profitable trader or not. That is the basics on this life when you're in a highly volatile market and you don't know what's going to happen next. That's the mistake of many people when they've won a few trades, they think that it's going to help them a lot and will become profitable trader on an instant but it doesn't go like that. There's so much to learn being a beginner and even the experts and good ones keeps on learning with their losses.

Sooner or later you would really be able to experience for yourself on what the reality do looks like because people do really love on assuming on something even they havent really been able to encounter or experience it before or simply having those kind of expectations that it would really be just that simple but on the time that they would really be able to experience for themselves and do really sees out that it is really that totally different  or something that it is really that opposite on what they are expecting then being impulsive will really comes up next. This is something a very normal scenario that do really happens. Trading isnt only talking about being profitable on which as a trader then you should really at least make yourself aware on what you are dealing with and not really just that making those assumptions which are really that way too optimistic.

This is why it would be always better that you should really be that realistic so that you would really be that making yourself that not getting that huge disappoinment whenever you do
experience the opposite things that you are really that anticipating. It is really just that depending into someone on how they would really be dealing with it.
Unfavorable trades are normal considering this market is really that unpredictable from time to time.

It seems to be not a complicated thing to do but when you're in the actuality, a lot of things changes from your perspective that it's not actually for everyone to do.
When you're too optimistic and new to it, that won't be a perfect combination as a start because we've learned a lot from it already and it's not as easy as many as they think.
We're good to analyze and what not but even so, there will be moments that you're not just so good enough and it happens.

Also analyzing and taking trade on our responsibility will teach us a lesson on every trade, and we will learn practically which we cannot learn by following tips or just copying others analysis.
if the trade goes against us we would take the responsibility and keep that in mind from next time that what was the mistake in this trade.
if we copy others we do not learn anything,  no one is talented enough to predict the market where is headed so they are also speculating and your are too.

Because remembering the responsibility and consistency that must exist in trading is what causes everyone to be better off making their own analysis rather than taking other people's analysis. Although it is also not wrong if someone wants to use other people's analysis as long as he is able to bear his own risk without having to blame other people if he experiences a loss while trading. Because often when someone has experienced a loss, they often blame other people for it, even though everyone can create their own analysis of anything.

If two people make different analyses, then the analysis of one of them will definitely be correct. Sometimes I see people telling about the market that from here there are chances of the market going up, and it can also go down, so of course everyone can do this analysis. It is also not necessary that our analysis is correct every time, or that the analysis on which we trade turns out to be correct every time.

All experienced traders make their own analysis, but the market always takes its own direction. The market can also go against our analysis so we must be prepared for every situation. Always give priority to your own analysis. Other people are certainly good at analyzing the market, but until we become experts in it ourselves, we always have to rely on others. So always be self-reliant, our mistakes make us experienced.

Most times other people's analysis might favour a particular trade even more than your own analysis, the same way your own analysis might as well favour you more than others people's analysis, which ever analysis you are using just bear in mind that the risk is all on you, you take responsibility if you make a profit or loss, so most times we are advised to use our own analysis in order to take full responsibility if we happen to be at loss,  and what ever analysis you taking you just try to be consistent with it in order to achieve maximum results.

I've also been in a phase where I trust other people's analysis and try to apply it to my trading and yeah sometimes it ends up being quite annoying. So when I learn to analyze I still see other people's signals but not to use them but to compare them with the analysis I have made. And I started re-analyzing every time I saw signals from other people. Because it is very bad if we believe in other people's analysis more than our own analysis. In the past, I also looked at other people's analyzes just for learning. And now I also have more confidence in my own analysis. But sometimes making comparisons and also looking at other people's analysis as an additional reference for our analysis is also not so bad.

And the most important thing is that we must not force ourselves to keep trading when our minds cannot focus. It's better to trade when we are in a good mood. Likewise, when our emotions are affected by experiencing a loss, it is better to stop for a moment to calm our minds and come back when we are calmer and have clearer thinking.

This is one of the many factors that will make trading unprofitable. We cannot deny that there are now many who offer trading signals that they say it will be very profitable, the fact that happens is not as easy as what is done. Many people who experience losses when they follow the signal, it proves that no signal is 100% correct. and also now many people take advantage of this, they open courses and provide signals as long as they give money to the person who opened the course. There are indeed some people who really do it, but now I see more people who make this just a business field that will benefit them only.

when trading is not profitable is when we do not have our own fundamentals in trading. like we still follow other people's trading styles or we are carried away by influencers whose flexing in every trading content makes us want to get rich quickly like them. my friend told me "instead of following the signals it pays more satisfying to follow the signals yourself" now I understand what he means and the results are more satisfying.

No one starts on being a pro on everything that we do on which there would really be always those times which we do really need to adjust and gain up experience for us to learn up everything along the way.
Unfavorable trades is really that part of the learning process on which due to lack of knowledge and experience, you are really that prone to mistakes and errors on which it would really be that normal that you would be needing to adjust if you are really that planning to make trading as a career or something that you would really be liking to deal up with long term. You should make yourself that prepared when it comes to emotion
and when it comes to mindset on which you should be sturdy considering this market is unpredictable on where you would really be able to encounter things which it might lead for you to become that impulsive.

Just like on what others been saying that you should really be making yourself that versatile and would really be able to adjust accordingly and this is something
that you would really be needing to do so for you to survive at least.

Any work we start without understanding the fully basic will first gives loss but if we don't give up and learn from our past mistakes then we could become a very experienced man of the field. Trading is not a complicated task to learn but one thing here is more which is uncertainty of profit or loss. we could just analyse the future market and nothing more than that while market can turn in any ways. Mostbof times analysis work but sometimes we could loss despite of following fully technical analysis. We have to choose a best strategy which minimize our risk and couldn't be panic from intitial loss.

Pay attention to what matters and that is what you are learning with your losses. There are traders that are just taking their losses for granted and think that there's not that much to get from them. Yes, they're your losses but it's not just all about losing what lesson can you extract from that to make it worth it every experience of defeat with your trades. It's hard to take that in but it's essential for a trader to grow with those lessons so his future trades will be worth (not talking about future trading).

Some people have understand that much profit in trading is what that leads for many things that have to do with trading and I understand that trading is like something we know that it deals with basic understanding before you will become successful in it, greediness is a way that have ruined people in trading and have made them to lose many chances of making profit in trading but the couldn't understand the basics way of trading from my ways of understanding trading directly or not, so trading is good but is to follow the precautions of trading and also pay attention to learn and understand the basic functions of trading.

On the time that you are already making yourself that greedy, then you cant really be able to assess now on whats good and whats bad on which the main thing that you would really be having on mind is on how you would really be able to make money on the fastest way as possible. When desperation do kicks in then this is where problem would be starting. We should really be that realizing that trading is never been simple and not something to be that predictable on which there would really be moments or times on which our trading positions and calls wont really be that profitable and this is why it would really be always that best that we should really know to adjust if ever there would really be situations like these. There's no way that you could really be able to make things works according into your plan. Results or outcomes would really be that totally different to each other
on which it would really be just that right that you do really need to make out some adjustments if ever things turns out to be bitter.

When times becomes that unfavorable then it would be always best that you should really know on how to adjust. Dont make yourself that comes into a point that you do become
a gambler on where you wont really be following any trading fundamentals just because you had just lost up that control.

greed is bad because you want to make more money, but one of the things that it leads to is greed and that has made a lot of people select some risky options and behavior while they trade such as doing revenge trading and many more and action like that can cause liquidation, and while trading their is no magic that can be performed, you have to listen and learn because their is no way you suceesed in trading without learning then that trader will not go far. They will say trading is scam because they failed to start from the basics as they should. And they see it as a way to make fast money and it will be better to have fun with it rather than choosing money over it, than putting money first.

Be versatile and be that easy to adjust on which i would say that it would really be that something that a must thing that you do when you do hover yourself towards into this market.
You would really be needing to be versatile since we do know that there would be things that we might be able to encounter on which it isnt really written on textbooks or could be seen those information on line on which
you would really be able to learn up things accordingly on the time that you do make up trades. Dont expect that you could really be able to perfect out trading because there are people who are really that perfectionist
on which they will really be that liking to make perfect trades on perfect time.

Unfavorable or non profitable trades is something that we can commonly be able to encounter. So it is really just that right that you would be needing to adjust accordingly basing up on the things
that you do met up. If you do lose, then try to dca but if it hits your SL then try to make some re-entry. Rinse and repeat on which it might not be that easy
but its not something impossible.

I believe that inasmuch as it's good to stick to a pertan in trading and follow it through, we shouldn't be too rigid because we might discover midway that we're charting in the wrong part. So what I think is that we should apply caution and patience while making trading decisions so we can get profitable results, I think that in some rare cases that it's ok to follow trends if you must, only that whatever decisions must be carefully thought out. Why I say this is because with the best trading pertans and perfect market analysis and predictions, traders still experience loses, so the trader can sometimes be dynamic and change a strategy when it's absolutely necessary.

Observation and evaluation are also very necessary in monitoring and improving our trading performance in the market. And yes, sometimes we also know when to stop to rest and start researching all the trading history that we have gone through. And try to find where our mistakes lie. Is it because of greed or are we simply not able to read the market well? Because usually greed arises from us not really understanding market habits. Like a beginner who always hopes that prices will continue to rise and not fall again. So many beginners have excessive fear and become greedy by buying more when the price has reached its peak when conditions are actually overbought. And I see a lot of beginners who don't even know about this.

You have said it all if you loose this three important factors you have lost the trade already even before starting,  Discipline Will make sure greed has no place in the trade, patience Wil make you build your profits over time and not rush into higher lot size that might not be favorable, confidence will make you believe in what you are doing and also keep you going, so I totally agree with this three factors