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Economy => Trading Discussion => Topic started by: Coin_info on July 08, 2025, 12:38:19 AM



Title: Maximizing profits, a skill every trader should know.
Post by: Coin_info on July 08, 2025, 12:38:19 AM
There are traders that have a good strategy that they use in the market, but still are unable to maximize profit they make.

I think that success in trading is in two parts, which is
- First having a strategy,
- Secondly knowing how to utilize the strategy to profit well.

After learning the first, it is important to learn the second else you will be a trader with a strategy that should work, but no profit to show for it. When you hear of traders who were successfully able flip small account sizes to big ones in a short time, it is not just because of their strategy alone, it is also due to understanding of how to maximize profits and minimize loss.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: cryptoaddictchie on July 08, 2025, 02:39:58 AM
After learning the first, it is important to learn the second else you will be a trader with a strategy that should work, but no profit to show for it. When you hear of traders who were successfully able flip small account sizes to big ones in a short time, it is not just because of their strategy alone, it is also due to understanding of how to maximize profits and minimize loss.
Maximizing profits is one thing I wanted to learn in trading. After got some profits from trading I have alwasy a tendency to cashout sometimes rather than invest or reroll it as capital on trading again since Ive got plenty of experience losing those profits than cashing them out instead. I like the strategy but isnt those are general advise.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: taufik123 on July 08, 2025, 04:14:52 AM
I think that success in trading is in two parts, which is
- First having a strategy,
- Secondly knowing how to utilize the strategy to profit well.
Why not mention specifically technical analysis and fundamentals?
Because it also requires continuous learning and strategies will follow how technical analysis and fundamentals work.

In addition, every outcome obtained is influenced by the final decision on a trade related to the psychology of trading.
Not only explicitly strategy, but also psychology that will fight an important battle on the end result of a maximized profit.

People who already do a lot of trading will have a stronger and more stable mentality and thus be able to make a fairly flexible strategy.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: crwth on July 08, 2025, 04:30:47 AM
I don't think it's all about strategy and technical analysis. It's all about risk management IMO. It's essential to understand the importance of risk management and implement the correct stop-loss orders and diversify investments to protect your capital. It's best to preserve. Don't gamble away your capital. You would be doing that without risk management.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: passwordnow on July 08, 2025, 04:55:52 AM
There are traders that have a good strategy that they use in the market, but still are unable to maximize profit they make.

I think that success in trading is in two parts, which is
- First having a strategy,
- Secondly knowing how to utilize the strategy to profit well.
Or third, it's the majority that really losses in the trading and that's why it's hard to win most of the traders. And maximizing profits can even lead to losses.

After learning the first, it is important to learn the second else you will be a trader with a strategy that should work, but no profit to show for it. When you hear of traders who were successfully able flip small account sizes to big ones in a short time, it is not just because of their strategy alone, it is also due to understanding of how to maximize profits and minimize loss.
To be honest, it's always the case. We should have this and that strategy and then what's next? they're all theoretical but when it comes to the actual trading. Whether we like it or not, many are losing money instead and that's a real thing in trading.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: joeperry on July 08, 2025, 06:03:04 AM
Yes that's the most basic things a trader should know before placing an order, they should have a stop loss and take profit based on their analysis on the market. Now, by having these doesn't guarantee you to maximize a profit every trade, one thing I learned in trading is that you will never know which is the peak or when it will reverse but there will be some certain area where it will hit based on your analysis but can't tell exactly the price, so instead of using analysis to take a maximum profit, use it to know where are some area where you can take profit or stop loss.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: Gozie51 on July 08, 2025, 10:44:23 AM
And maximizing profits can even lead to losses.


How?

I don't think a trader at the verge of maximizing his profit would lose same profit if already gotten, except he doesn't know the right technical tool to use to safeguard what profit he had already made. For example, if a trader has made a trade order and he is in profit, he could just apply the stop loss to either his entry point to hold back his capital even if the price jump or move on the wrong direction of his order or he adjust the stop loss to slightly at a point where he can take a little profit while allowing the trade to continue as he maximize his profit. Like if you are buying btc/USD at $107,000 and the price have already moved up to $108,000 , you can simply adjust your stop loss to $107,500  while the market is still continuing. By this example, you would have made $500 if the price comes back downward but if it continues up, you are maximizing your profit and still retaining your capital.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: Oshosondy on July 08, 2025, 10:45:08 AM
When you hear of traders who were successfully able flip small account sizes to big ones in a short time, it is not just because of their strategy alone, it is also due to understanding of how to maximize profits and minimize loss.
This is the problem many traders are having, they want to flip their small account size to a big one just as you said it here. They will think of using high leverage and be very impatient. This is how their accounts will be getting liquidated every time. So instead to be making money, they will be part of the 85% of traders that are losing.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: Dunamisx on July 08, 2025, 10:49:22 AM
As a trader, you must be able to understand the required strategies to be used in other for you to maximize your ability to earn more profits as a result of trading, this start with the strategy used, the management skills and competencies regarding trading and so many other influence this has brought us, if we can plan adequately, then to make it in whatever thing we are doing will come by ease, because we already had our own plan in place to ensure things work as we have proposed for them with our trades.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: Ahli38 on July 08, 2025, 01:34:03 PM
There are traders that have a good strategy that they use in the market, but still are unable to maximize profit they make.

I think that success in trading is in two parts, which is
- First having a strategy,
- Secondly knowing how to utilize the strategy to profit well.

After learning the first, it is important to learn the second else you will be a trader with a strategy that should work, but no profit to show for it. When you hear of traders who were successfully able flip small account sizes to big ones in a short time, it is not just because of their strategy alone, it is also due to understanding of how to maximize profits and minimize loss.
This is where it is important to put trust in the analysis and plans that we have made ourselves. And it is also important to be a disciplined trader in determining risk management. because with this the trader already has points where he has to take profits and where he has to make cutloss decisions so that losses don't increase.

And yes, a good strategy will not necessarily bring maximum profits if the trader cannot use it well. In this case it is about how we must stick to the analysis and careful plans that we have made. Don't let emotional conditions influence our decisions in trading.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: dunfida on July 08, 2025, 01:55:29 PM
There are traders that have a good strategy that they use in the market, but still are unable to maximize profit they make.

I think that success in trading is in two parts, which is
- First having a strategy,
- Secondly knowing how to utilize the strategy to profit well.

After learning the first, it is important to learn the second else you will be a trader with a strategy that should work, but no profit to show for it. When you hear of traders who were successfully able flip small account sizes to big ones in a short time, it is not just because of their strategy alone, it is also due to understanding of how to maximize profits and minimize loss.
Speaking about maximizing profits then its not something that you can be able to put yourself into that kind of condition from time to time. Why? There's no way that we can tell whether the market would be having its continuation or would be having its reversal on which simply means that you wont be that so sure on what are the possible approach that you would be seeing into your current open trades. Most of the time on which we do have our own take profit levels but whenever you do saw the volume or trend had become weaken then this is where you would be trying out to make those kind of adjustments on which despite on not to reach up those take profit levels on which at this time then this is where you would be trying out to secure your profits as much as you could or simply that calling it profit is profit.

Learning up trading skills is never been that easy and it does takes time and on the moment that you do able to gain up that experience then you do have that idea at least on what you should gonna do at the time that you have been able to notice up something. You would be acting out on it accordingly and since you do have the idea then it would be an advantage in compared into those newbies who dont have any idea on what they should gonna do.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: Zaguru12 on July 08, 2025, 02:07:27 PM
Maximizing profits is one thing I wanted to learn in trading. After got some profits from trading I have alwasy a tendency to cashout sometimes rather than invest or reroll it as capital on trading again since Ive got plenty of experience losing those profits than cashing them out instead. I like the strategy but isnt those are general advise.


Maximizing profits most of the time has to deal with the traders psychology than his strategy self, just like you have put it out you will simply re roll back your profit as capital and lose it back to the market because you were so confident on your strategy this time that you don’t believe it will be hitting stop loss. This time you will need a very good psychology to simply stay within the risk management you started with, which is one of the hardest things to do as a trader, for me maximizing profits isn’t all about putting in more capital because just one single loss will lead to liquidation but it is about making the most of the little capital by sticking to a proper risk management of not increasing leverage or even adding up your profits as capital.

This is the problem many traders are having, they want to flip their small account size to a big one just as you said it here. They will think of using high leverage and be very impatient. This is how their accounts will be getting liquidated every time. So instead to be making money, they will be part of the 85% of traders that are losing.

I think it is usually a trap set by those so called mentors or influencers who usually flaunt their assets to the public, this makes newbie traders feel like once they get profits from the market the next is to actually maximize it or flip an account. Usually a trader that is after flipping an account usually lacks proper risk management because aside increasing their position size from the previous ones they were using they usually fail to add stop loss or even apply their full risk management. This is the kind of traders you see even doing the revenge trading after few losses just to get back a the market


Title: Re: Maximizing profits, a skill every trader should know.
Post by: Awaklara on July 08, 2025, 04:33:39 PM
There are traders that have a good strategy that they use in the market, but still are unable to maximize profit they make.
All traders want to do that, especially to get maximum profit. It's just that what happens is different, expecting maximum profit also takes greater risks. There are also traders who do not push to get maximum profit, as long as the profit is satisfactory and according to target, there is no need to be greedy to get a bigger profit. The market can move to change direction in a short time and change the profit situation into a loss.
Every trader has their own strategy and planning. Stay focused on what you do. The most important thing is not to push yourself too hard.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: Zigabel on July 08, 2025, 04:35:49 PM
There are traders that have a good strategy that they use in the market, but still are unable to maximize profit they make.

I think that success in trading is in two parts, which is
- First having a strategy,
- Secondly knowing how to utilize the strategy to profit well.

After learning the first, it is important to learn the second else you will be a trader with a strategy that should work, but no profit to show for it. When you hear of traders who were successfully able flip small account sizes to big ones in a short time, it is not just because of their strategy alone, it is also due to understanding of how to maximize profits and minimize loss.
This very correct, some traders especially newbies do think that all you needed is a strategy and you will be good to go not knowing that beyond just formulating and using a strategy is the ability to stick to the utilization along side discipline with such strategy, no strategy is enough, i mean we don't get to see any on a scale of 100 they are mostly 75 - 89 and we consider it a good one , literally even a 90 is very difficult to see and  there's actually no holygrail as a strategy while trading.

Alongside all of this, we cannot emphasize the importance and the place of your emotional management, although that is expected to be factored into your strategy in other for your strategy to be complete and so does you risk and money management should come in hand and very importantly is the role of disciple, you have to be disciplined enough for you to be able to stick all of the strategy after you must have gotten one with which you desire to work with as a strategy.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: Frankolala on July 08, 2025, 04:51:57 PM
After learning the first, it is important to learn the second else you will be a trader with a strategy that should work, but no profit to show for it. When you hear of traders who were successfully able flip small account sizes to big ones in a short time, it is not just because of their strategy alone, it is also due to understanding of how to maximize profits and minimize loss.
Maximizing profits is one thing I wanted to learn in trading. After got some profits from trading I have alwasy a tendency to cashout sometimes rather than invest or reroll it as capital on trading again since Ive got plenty of experience losing those profits than cashing them out instead. I like the strategy but isnt those are general advise.

You should stick to what works for you. It's better to cashout your little profits in any trade that is profitable than using maximalize capital that has always led you to losses. Sometimes, traders are greedy and use the strategy that will liquidate them faster than using stop loss to limit their losses. Big profit is tempting and comes with very high risk.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: cabron on July 08, 2025, 05:37:26 PM

Flipping small amount to big in short period of time may not really be possible especially in the kind of market we have that just goes seesaw in just few hundred range even when you're good in you stop loss and balancing your leverage. While you win big, your loss will also be magnified.

You need a large capital to make it bigger which the strategy will work better with larger capital. The more you have, the easier you can make money when your strategy is solid.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: nara1892 on July 08, 2025, 06:10:11 PM
To get maximum profit I think we not only need to find a way to catch fish but also must be equipped with knowledge about how to keep the fish from returning to the river, yes I'm sure you understand what I mean, finding a way to get maximum profit is very possible but it's useless if for example we don't have a way to keep our money properly.

This means that there are several other things that should be included in the list above, one of which is money management, emotional control and other things related to risk management, successful traders are those who know how to find profit in the right way and also know how to keep their money well.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: Ndabagi01 on July 08, 2025, 07:44:28 PM
After learning the first, it is important to learn the second else you will be a trader with a strategy that should work, but no profit to show for it. When you hear of traders who were successfully able flip small account sizes to big ones in a short time, it is not just because of their strategy alone, it is also due to understanding of how to maximize profits and minimize loss.

It is important every trader knows about this two things you’ve mentioned because it’ll shape how they will become profitable overtime in trading. The trading market has been a lot full with many traders without any good result to show for their efforts so far in trading. Maximizing profit is also important in trading and anyone that does not know how to utilize that will only take a longer time trading without seeing any significant returns, profits from many trades they’ve taken in the market. Those two aforementioned works hand and in hand and when you’re at a liberty of utilising them both, it becomes a necessity you do it earlier.

I don't think it's all about strategy and technical analysis. It's all about risk management IMO. It's essential to understand the importance of risk management and implement the correct stop-loss orders and diversify investments to protect your capital. It's best to preserve. Don't gamble away your capital. You would be doing that without risk management.

This is also important and many traders overlook it and the results is always a negative result on their capital after losing them to the market due to lack of risk management which should be a top notch observant by any trader. While trying to maximise your wins, one should also put risk management into consideration because they all form how you can become profitable in the end.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: AmoreJaz on July 08, 2025, 08:38:56 PM
To get maximum profit I think we not only need to find a way to catch fish but also must be equipped with knowledge about how to keep the fish from returning to the river, yes I'm sure you understand what I mean, finding a way to get maximum profit is very possible but it's useless if for example we don't have a way to keep our money properly.

This means that there are several other things that should be included in the list above, one of which is money management, emotional control and other things related to risk management, successful traders are those who know how to find profit in the right way and also know how to keep their money well.

There are several options on how to keep a fish so to speak. It is now on the hands of the person or trader how he can keep it. As there is no single strategy that you can use, it is on you how you will strategize to sustain and grow your profits over time. The skills and knowledge that you have acquired throughout your journey will be utilized. Because if not, you will go back to square one. Hence, it is important to continue learning and exploring possible routes how to earn profit.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: Natalim on July 08, 2025, 08:53:00 PM
It’s common for traders to have a working strategy that made them profitable in the market, but only few of the traders are able to maximize their profits, the rest are just gaining minimal amount.

Simply because, trading isn’t just about knowledge, skill and strategy, but positive attitudes are also crucial in trading, and not all traders can be patient and resilient despite of their mistakes and losses that they commit while trading. It’s good to see traders in profits, but it’s a bonus if a trader excel in maximizing his profits.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: rachael9385 on July 08, 2025, 08:57:21 PM
There are traders that have a good strategy that they use in the market, but still are unable to maximize profit they make.

I think that success in trading is in two parts, which is
- First having a strategy,
- Secondly knowing how to utilize the strategy to profit well.

After learning the first, it is important to learn the second else you will be a trader with a strategy that should work, but no profit to show for it. When you hear of traders who were successfully able flip small account sizes to big ones in a short time, it is not just because of their strategy alone, it is also due to understanding of how to maximize profits and minimize loss.


Developing a strategy is actually the most part of the hard work when it comes to trading because if you don't carefully figure that out you'd end up making a lot of mistakes and losing consistently. After developing a strategy another thing is to utilize it well to get profit just like what you said but if risk management isn't involved in all of these then you are not going to achieve much in a long term


Title: Re: Maximizing profits, a skill every trader should know.
Post by: Ziskinberg on July 08, 2025, 09:00:51 PM
There are traders that have a good strategy that they use in the market, but still are unable to maximize profit they make.
All traders want to do that, especially to get maximum profit. It's just that what happens is different, expecting maximum profit also takes greater risks. There are also traders who do not push to get maximum profit, as long as the profit is satisfactory and according to target, there is no need to be greedy to get a bigger profit. The market can move to change direction in a short time and change the profit situation into a loss.
Every trader has their own strategy and planning. Stay focused on what you do. The most important thing is not to push yourself too hard.
It’s certainly the ultimate goal of every trader, to maximize its profits in the market. However, not all traders have the capabilities to make it happen due to lack of knowledge and experience, and some also lack of momentum to push their trading skill to the highest. They find it convenient enough just to make small but consistent profits, rather than to use leverage in trading and lose all their future profits with just a blink of an eye.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: BABY SHOES on July 08, 2025, 09:12:26 PM
I don't think it's all about strategy and technical analysis. It's all about risk management IMO. It's essential to understand the importance of risk management and implement the correct stop-loss orders and diversify investments to protect your capital. It's best to preserve. Don't gamble away your capital. You would be doing that without risk management.
Not only the two parts mentioned by OP but in trading there are many strategies that must be applied including risk management, this is important to overcome losses so that they are not severe, especially with stop-loss orders. Including fundamentals, and this analysis is also needed in trading to maximize profits, then the percentage of capital I think this is important because if all capital is entered into trading then this will be a big risk.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: Maslate on July 08, 2025, 09:58:20 PM
If only all traders have the potentials to maximize their profits, then they would all turn into millionaires any moment from now. But the problem is, majority of the traders are actually losing, while only few, selected traders are making it big with trading.

Of course, every trader aims to make unlimited, huge profits from trading. But always know that there is high risk when trading, and if you’re not professional enough, then it’s hard for you to make the most of trading.

Knowledge, skills, strategies and reliable experience are the keys to gain maximum profits from trading. It’s just that only limited traders have all these traits and potentials.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: tvplus006 on July 08, 2025, 10:50:37 PM
I think that success in trading is in two parts, which is
- First having a strategy,
- Secondly knowing how to utilize the strategy to profit well.

The main thing for a trader is not to lose his money when trading, and maximizing profits is the second step to making a big profit. So no matter how many strategies you use, but without following risk management, you will eventually lose your money.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: freedomgo on July 08, 2025, 11:01:32 PM
I don't think it's all about strategy and technical analysis. It's all about risk management IMO. It's essential to understand the importance of risk management and implement the correct stop-loss orders and diversify investments to protect your capital. It's best to preserve. Don't gamble away your capital. You would be doing that without risk management.
Not only the two parts mentioned by OP but in trading there are many strategies that must be applied including risk management, this is important to overcome losses so that they are not severe, especially with stop-loss orders. Including fundamentals, and this analysis is also needed in trading to maximize profits, then the percentage of capital I think this is important because if all capital is entered into trading then this will be a big risk.
While risk management and trading strategies are of great importance, let’s not forget that trading without discipline will not lead you into profits. Greed will cause your trades to fail, thus losing the opportunity to gain significant profits while trading. Also, patience is crucial when trading. If you want to hit your target goal when trading, make sure to wait for the right timing to trade, to maximize your winning potentials despite of the market uncertainty.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: BABY SHOES on July 08, 2025, 11:38:14 PM
I don't think it's all about strategy and technical analysis. It's all about risk management IMO. It's essential to understand the importance of risk management and implement the correct stop-loss orders and diversify investments to protect your capital. It's best to preserve. Don't gamble away your capital. You would be doing that without risk management.
Not only the two parts mentioned by OP but in trading there are many strategies that must be applied including risk management, this is important to overcome losses so that they are not severe, especially with stop-loss orders. Including fundamentals, and this analysis is also needed in trading to maximize profits, then the percentage of capital I think this is important because if all capital is entered into trading then this will be a big risk.
While risk management and trading strategies are of great importance, let’s not forget that trading without discipline will not lead you into profits. Greed will cause your trades to fail, thus losing the opportunity to gain significant profits while trading. Also, patience is crucial when trading. If you want to hit your target goal when trading, make sure to wait for the right timing to trade, to maximize your winning potentials despite of the market uncertainty.
Sometimes it is indeed the greed of many traders who fail because they want too much profit but in reality they regret not taking profit at the right time. Discipline is important but some traders still violate this rule including from patience that they cannot control, so indeed for trading we must be able to control all of this must be balanced with what is done.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: GreatArkansas on July 09, 2025, 01:17:39 AM
(....)
After learning the first, it is important to learn the second else you will be a trader with a strategy that should work, but no profit to show for it. When you hear of traders who were successfully able flip small account sizes to big ones in a short time, it is not just because of their strategy alone, it is also due to understanding of how to maximize profits and minimize loss.
Yeah, this is somehow related to risk management.
I highly suggest utilizing the risk-reward ratio for every trade you do, like sticking to your plan and planning everything before you enter a trade. Mastering this and have good dedication, it's really a big help.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: shield132 on July 09, 2025, 09:19:41 AM
There are traders that have a good strategy that they use in the market, but still are unable to maximize profit they make.

I think that success in trading is in two parts, which is
- First having a strategy,
- Secondly knowing how to utilize the strategy to profit well.

After learning the first, it is important to learn the second else you will be a trader with a strategy that should work, but no profit to show for it. When you hear of traders who were successfully able flip small account sizes to big ones in a short time, it is not just because of their strategy alone, it is also due to understanding of how to maximize profits and minimize loss.
Everyone who tries to maximise their profit, fails, that's the rule of trading. When I say maximising, I mean that you should buy at its lowest and sell at its highest, which is impossible to guess because you don't control the market.
If you have a good strategy, you will not fail either. My strategy is that I always wait and when I miss a chance, I do not FOMO, I wait until the right time comes. I try to catch the best moments and not every moment. Because of that, I've been successfully profiting since 2022, I've doubled my money for 3-4 times since 2022. Btw if I don't get the maximum profit, I don't care about that. If I sold coin at 90K and the price reached 100K, I no longer care about that, I try to forget it and to catch another good moment because when I tried maximizing profit, I always lost.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: crwth on July 09, 2025, 10:39:40 AM
~snip
Sometimes it is indeed the greed of many traders who fail because they want too much profit but in reality they regret not taking profit at the right time. Discipline is important but some traders still violate this rule including from patience that they cannot control, so indeed for trading we must be able to control all of this must be balanced with what is done.
Oof. Not taking the profit at the right time is a stinger for me. I have trades that I should've taken profit with, but it was lost because I felt greedy and felt that it could go even higher. I should've switched positions, but I couldn't do anything about it anymore.

The best strategy that I have when it comes to taking profits is that "If it's worth sharing, it's worth taking" Like when you share screenshots or captures of the trade, it's possibly a great time to TP as well.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: Dr.Bitcoin_Strange on July 09, 2025, 10:52:23 AM
I think that success in trading is in two parts, which is
- First having a strategy,
- Secondly knowing how to utilize the strategy to profit well.

You are right, to become a profitable trader you need to have a strategy that works and the second option you gave is also correct but one important thing that you missed to add is risk management. A trader could have the right strategy and can also know how to effectively use the strategy but because they don't know how to manage risk, they can not maximize profit but would rather encounter so much losses or even blow their accounts. The good number of times that I blew up my account was not because I didn't have a strategy that worked for me but it was because I was not taking care if my risk properly. I still use the same strategy till now and it works for me.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: AVE5 on July 09, 2025, 12:13:02 PM
There are traders that have a good strategy that they use in the market, but still are unable to maximize profit they make.

I think that success in trading is in two parts, which is
- First having a strategy,
- Secondly knowing how to utilize the strategy to profit well.

I think this maximizing of profits in trading is somewhat that leads traders on the greedseof loosing their funds.
To me if a trader has got some good trading strategies that's to bring him success, there should should be need to maintain that strategy but if we must maximize, then it should be diversifying of the profits probably on investing in some reliable good assets like bitcoin because investing on the stocks might seem too tedious to handle due to market and economic wars while investing on alt coins are even more riskier like you're gambling at all courses including your trading.
So Ideally, maximizing your profits should be on the commendation of diversification and not trying to improve/increase your risk capital just to make higher profits.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: doomloop on July 09, 2025, 12:26:24 PM
Not only the two parts mentioned by OP but in trading there are many strategies that must be applied including risk management, this is important to overcome losses so that they are not severe, especially with stop-loss orders. Including fundamentals, and this analysis is also needed in trading to maximize profits, then the percentage of capital I think this is important because if all capital is entered into trading then this will be a big risk.
While risk management and trading strategies are of great importance, let’s not forget that trading without discipline will not lead you into profits. Greed will cause your trades to fail, thus losing the opportunity to gain significant profits while trading. Also, patience is crucial when trading. If you want to hit your target goal when trading, make sure to wait for the right timing to trade, to maximize your winning potentials despite of the market uncertainty.
But I don't think we can perform risk management correctly if we don't have a discipline. If we apply risk management correctly, I think we can only obtain minimal profits, so greed is still responsible when it comes to making significant profits. No I'm not advising it but I'm just explaining. Patience on the other hand seems to be connected with discipline. Each of us can have their own goals. Some only like it slow but some wants it fast.

As long as we are seeing a good result, then why not? Market is already uncertain by default but the trading market (especially the crypto one) never sleeps. But even if we are only investing, we still can continue buying or do a DCA method.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: Josefjix on July 09, 2025, 01:48:04 PM
After learning the first, it is important to learn the second else you will be a trader with a strategy that should work, but no profit to show for it. When you hear of traders who were successfully able flip small account sizes to big ones in a short time, it is not just because of their strategy alone, it is also due to understanding of how to maximize profits and minimize loss.
Maximizing profits is one thing I wanted to learn in trading. After got some profits from trading I have alwasy a tendency to cashout sometimes rather than invest or reroll it as capital on trading again since Ive got plenty of experience losing those profits than cashing them out instead. I like the strategy but isnt those are general advise.
I think you have problem maximizing profits because you wants it when you dont actually need the outcome for spending, its no crime leaving your profit in your portfolio while the value changes, the moments you create the urge of cashing out your profits while innerly there is no strong reason for that is doom to collapse over time.

Once such strategy is developed, the act of been selfish with your profits is developed, you will eventually have a successful trading career.   


Title: Re: Maximizing profits, a skill every trader should know.
Post by: MArsland on July 09, 2025, 02:22:16 PM
After learning the first, it is important to learn the second else you will be a trader with a strategy that should work, but no profit to show for it. When you hear of traders who were successfully able flip small account sizes to big ones in a short time, it is not just because of their strategy alone, it is also due to understanding of how to maximize profits and minimize loss.
What's far more important is being able to manage trading behavior.  I mean, You know when to stop after taking profits. Greed disguised as a desire to maximize your strategy can lead to disaster. Remember, you can't control market volatility, but you must control trading mentality. Many traders fail not because of a flawed strategy, but because they start to get emotional.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: EarnOnVictor on July 09, 2025, 04:01:38 PM
I think that success in trading is in two parts, which is
- First having a strategy,
- Secondly knowing how to utilize the strategy to profit well.
These two points are still circling around the same meaning. Having a strategy means you know how to use a specific trading approach, which makes it called a "strategy." If A trades with an indicator in a way, and B trades with the same indicator, but with a twist, that means B has created a strategy different from A, despite using the same indicator. But still, they are their strategies, not anything else.

Perhaps you wanted to explain it from the angle of a "trading system." If that is the case, then you need to explain a different term entirely, other than calling it a strategy.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: Asiska02 on July 09, 2025, 09:17:17 PM
After learning the first, it is important to learn the second else you will be a trader with a strategy that should work, but no profit to show for it. When you hear of traders who were successfully able flip small account sizes to big ones in a short time, it is not just because of their strategy alone, it is also due to understanding of how to maximize profits and minimize loss.

Having a good strategy to augment your time in learning is very important because it makes you further reduce your focus into something not too bulky which makes you to have even more time spent on one strategy and learn more of the characteristics features that makes it become a profitable means of achieving success in trading.

Strategy comes in different forms and as it is said, practice makes perfect and while focusing on one strategy, it becomes even more simple and concise to learn and perfect the strategy. The market is really complicated but breaking it down more to sticking to a strategy gives room not to make a lot of analysis without results.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: passwordnow on July 09, 2025, 11:26:42 PM
And maximizing profits can even lead to losses.


How?

I don't think a trader at the verge of maximizing his profit would lose same profit if already gotten, except he doesn't know the right technical tool to use to safeguard what profit he had already made. For example, if a trader has made a trade order and he is in profit, he could just apply the stop loss to either his entry point to hold back his capital even if the price jump or move on the wrong direction of his order or he adjust the stop loss to slightly at a point where he can take a little profit while allowing the trade to continue as he maximize his profit. Like if you are buying btc/USD at $107,000 and the price have already moved up to $108,000 , you can simply adjust your stop loss to $107,500  while the market is still continuing. By this example, you would have made $500 if the price comes back downward but if it continues up, you are maximizing your profit and still retaining your capital.
It's because of the discipline. Someone who's not contented with the $100-$1k gain per trade would think of maximizing his time and think of a better profit. So, that's when they're also leading themselves to losses. We can't dictate all traders to just take a little profit from what they've gained and just be happy with that. There could be some but this usually happens and personally it did happened to me. But it's a different situation from a trader who's staying in spot and that's where your explanation is applied. But to the margin traders, that's when they can potentially lose everything.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: Japinat on July 10, 2025, 03:48:33 PM
In order to maximize trading profits, aside from using well-tested strategy, it’s also crucial to practice proper risk management and be disciplined when trading in the market. A good and reliable strategy can be a lot useful, but sometimes it cannot guarantee profitable outcome without exercising risk management and proper attitude while trading.

It’s good to make minimal but consistent profits, but it would be a lot more favorable for us if we can maximize generating profits because that will definitely make us become rich in a short period of time.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: Botnake on July 10, 2025, 11:58:58 PM
There are traders that have a good strategy that they use in the market, but still are unable to maximize profit they make.

I think that success in trading is in two parts, which is
- First having a strategy,
- Secondly knowing how to utilize the strategy to profit well.

After learning the first, it is important to learn the second else you will be a trader with a strategy that should work, but no profit to show for it. When you hear of traders who were successfully able flip small account sizes to big ones in a short time, it is not just because of their strategy alone, it is also due to understanding of how to maximize profits and minimize loss.


Developing a strategy is actually the most part of the hard work when it comes to trading because if you don't carefully figure that out you'd end up making a lot of mistakes and losing consistently. After developing a strategy another thing is to utilize it well to get profit just like what you said but if risk management isn't involved in all of these then you are not going to achieve much in a long term
Utilizing your strategy well to maximize your profits won’t never be possible if you fail to apply certain risk management. Risks will always be there, so you have to overcome or lessen it first through an enhanced strategy prior to hitting your goal of maximizing your profits. When that happens, that’s the time that you can go through maximizing your profits, but should never get carried away by greed as well as it can only ruin your trading strategy and the goal you have set within.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: alani123 on July 10, 2025, 11:59:31 PM
This is not an attainable skill

Maximizing profits claimed to be a skill is like saying you can manifest something into existence by really believing into it. This is a loser's strategy.

Go with knowledge and hedging instead. It's a much better bet to extend your profits than this wishful thinking.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: Ahli38 on July 11, 2025, 02:19:08 AM

I think that success in trading is in two parts, which is
- First having a strategy,
- Secondly knowing how to utilize the strategy to profit well.

Having a strategy is essential for a trader. Every trader's strategy is different, as each trader has their own unique experience, which will also vary slightly from one another.

Usually, when we have a good strategy, learned from extensive market experience, we can maximize profits. Maximizing doesn't mean never losing. But the profit ratio must be greater than the loss. And if we can consistently implement it, it will generate a decent income. It depends on the capital we have.

Clearly, a strategy can't always remain the same. As traders, we must constantly adapt to market conditions. Therefore, I sometimes change my strategy to adapt to market trends or situations. What usually causes someone to continue losing even with a good strategy is that they usually haven't mastered risk management, emotional management in the market, or trading psychology, and also haven't mastered money management. Therefore, such people often panic and fear easily. They sometimes deviate from their own, even if they have a good plan. Afterward, they regret it and try to re-enter, only to lose. I've encountered many traders like that, and I used to be like that myself.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: shinratensei_ on July 11, 2025, 08:37:41 AM
There's no such thing as maximizing profit in my opinion.
We're playing in a speculative market, you either exit the market with profit or with losses. You would never maximize your profit by just knowing how to utilize the strategy well because you don't have idea where the direction the market is taking in the first place.

As long as you're still making a good profit and got that positive capital growth in your portfolio you're already doing it well.
Chasing profit maximization might even put you at dire situation such as missing out to sell at the top and so on.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: Finestream on July 11, 2025, 02:54:39 PM
There's no such thing as maximizing profit in my opinion.
We're playing in a speculative market, you either exit the market with profit or with losses. You would never maximize your profit by just knowing how to utilize the strategy well because you don't have idea where the direction the market is taking in the first place.

As long as you're still making a good profit and got that positive capital growth in your portfolio you're already doing it well.
Chasing profit maximization might even put you at dire situation such as missing out to sell at the top and so on.
Professional traders can actually maximize their profits, but as to when or how, that lies on the market’s situation. But since the market is more speculative than being more certain, expect that it’s hard to maximize your profits especially if you are still a beginner trader, or just chasing your losses to make possible wins the next time you trade.

Or else, just be contented if you are already making profits, no need to leverage it.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: justdimin on July 11, 2025, 06:28:23 PM
After learning the first, it is important to learn the second else you will be a trader with a strategy that should work, but no profit to show for it.
But, you cannot frame a strategy without knowledge on what is trading. So, I guess learning should be a preliminary need and if you are good at deriving your own strategy then I believe you must be too good on how to use a strategy and how to effectively use it. This is the reason, I suggest to go for your own strategy so that you do not need to spend time for learning strategy separately. Copying a strategy may fit on what you are mentioning about not fully utilizing a strategy.

since the market is more speculative than being more certain, expect that it’s hard to maximize your profits especially if you are still a beginner trader
Maximizing your profits is always challenging and due to this reason traders do follow the strategy of gathering multiple small profits to sum up higher than the losses. This may not be viable for everyone.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: jaberwock on July 11, 2025, 07:01:22 PM
This is not an attainable skill

Maximizing profits claimed to be a skill is like saying you can manifest something into existence by really believing into it. This is a loser's strategy.

Go with knowledge and hedging instead. It's a much better bet to extend your profits than this wishful thinking.
Yes. If you believe that you can do it and then you also do the work, there is a good chance that you can achieve it. There are a lot of people who already done that though.

Obviously, it is not a loser's strategy or mindset but you know what it is? It is when you think negatively about it or try to down people like that. Sorry if that hurts but I am just spitting facts here. Knowledge is already there when we are trying to build a skill but about hedging, is this like investing on assets that are considered to be a safe haven to prevent our money from falling due to some negativities in the economy or something? But this can be done easily.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: DaNNy001 on July 11, 2025, 10:20:11 PM
Having a strategy is one thing and knowing how to apply it is another thing... This is just beyond having the knowledge, if you don't follow the rules you will end up losing..The first rule you must follow is risk management, without it all your strategies and everything you know would be wasted.. risk management helps you cut down your losses and also maximizes your profits.. Don't use strategies that don't support risks management


Title: Re: Maximizing profits, a skill every trader should know.
Post by: mirakal on July 11, 2025, 11:23:34 PM
There are traders that have a good strategy that they use in the market, but still are unable to maximize profit they make.

I think that success in trading is in two parts, which is
- First having a strategy,
- Secondly knowing how to utilize the strategy to profit well.

After learning the first, it is important to learn the second else you will be a trader with a strategy that should work, but no profit to show for it. When you hear of traders who were successfully able flip small account sizes to big ones in a short time, it is not just because of their strategy alone, it is also due to understanding of how to maximize profits and minimize loss.
It is a step-by-step process. We believe that anyone who makes the right strategy and approach will succeed. Unfortunately, most traders are impatient. They want instant learning and profit. That is why most traders fail because of their wrongdoings. We just note that trading is not just an ordinary job. This is not just about money but a skill. And finding the right strategy plus skills makes you profitable, but being too greedy makes you lose as well. Still, we have to manage ourselves and put things in balance, then everything will go smoothly.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: Sanitough on July 11, 2025, 11:28:18 PM
Everyone aims to maximize trading outcomes, but not everyone has the right attitude and excellent market analysis that will make him increase his profits. This is why as long as it’s a profit, a trader eventually grab for it.

Note that this trading market is highly unpredictable, so it would be hard for any average trader to maximize his profits when he can’t even beat the uncertainty of the market itself. Kudos to all who’s able to double or triple their profits, that’s one thing that a trader should learn though.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: Chilwell on July 24, 2025, 09:54:37 PM
What is the Essence of trading if a trader is not trading to make profits. It's important for a trader to apply a good strategy that will be beneficial to the business, the chances for a business to survive are very low, the traders the ones who are capable of producing several chances for the business.

The possibility of having the ability to maximise your profits is not the case, the importants thing is for you to be able to retrieve back your capital. If you're eager to make profits you may end up making the wrong decisions, because it may sound as an act of greediness and it may lead to loss.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: Sebastian Michaelis on July 24, 2025, 10:00:55 PM
"when you win , make sure you win big"


Title: Re: Maximizing profits, a skill every trader should know.
Post by: ancafe on July 25, 2025, 02:21:39 AM
After learning the first, it is important to learn the second else you will be a trader with a strategy that should work, but no profit to show for it. When you hear of traders who were successfully able flip small account sizes to big ones in a short time, it is not just because of their strategy alone, it is also due to understanding of how to maximize profits and minimize loss.
Learn a strategy in carrying out trade and adjusting when involved in it. Sometimes too many strategies in trade will only make someone more confused and will make it difficult for people to remain consistent on trading trips. Manage the risk well and do not let trading is done excessively because it can have a bad impact for someone because most people fail to be traded by the desire to get fast wealth.

After studying the trade well, then do it in discipline and not too excessive. Technical and fundamental analysis also needs to be learned so that you have plans while undergoing trade. Do not be greedy and don't think that trade can produce fast profits to achieve wealth because this is the reason many people fail.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: tbct_mt2 on July 25, 2025, 03:13:25 AM
"when you win , make sure you win big"
In trading, if you think like this, you put your trading capital in super danger and can lose it quickly and with big loss.

In trading, there are two most important things.
The most important task is defend your initial trading capital as most as you can. This means you must defend it at all cost and you must close your position for a draw or small loss in order to avoid bigger loss. With this trading approach, if you get small profit in trading, it is still acceptable.
The second important task is avoid chasing big wins, as it might lead you to using more dangerous trading methods than Spot trading, like Margin Trading and Futures Trading. Those trading types, leverages and forced liquidations will eat your initial trading capital very easily, quickly and big.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: Sebastian Michaelis on July 25, 2025, 08:16:41 AM
"when you win , make sure you win big"
In trading, if you think like this, you put your trading capital in super danger and can lose it quickly and with big loss.

In trading, there are two most important things.
The most important task is defend your initial trading capital as most as you can. This means you must defend it at all cost and you must close your position for a draw or small loss in order to avoid bigger loss. With this trading approach, if you get small profit in trading, it is still acceptable.
The second important task is avoid chasing big wins, as it might lead you to using more dangerous trading methods than Spot trading, like Margin Trading and Futures Trading. Those trading types, leverages and forced liquidations will eat your initial trading capital very easily, quickly and big.

i dont use margin or futures mate , i only use spot.
by win big, i mean higher risk/reward ratio
i tried the 1:1 (risk/reward) method and it's not very usefull , but when i start using higher risk/reward , like 5:1 or at least 3:1.. things changes
and the "when you win , make sure you win big" it's a quote from dr David Paul and Tom hougaard , i'm sure you know them since you are a trader..


Title: Re: Maximizing profits, a skill every trader should know.
Post by: taufik123 on July 25, 2025, 05:15:11 PM
"when you win , make sure you win big"
In trading, if you think like this, you put your trading capital in super danger and can lose it quickly and with big loss.
-snip-
I don't know, people just want to win big on one trade, but losing more can happen quickly.
Too ambitious to win big when big defeat is always lurking.

Trying to trade futures with large capital and hoping for an instant rise,
it was too high a fantasy, in the end receiving an email in the form of a liquidated notification letter, LOL.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: Mahanton on July 25, 2025, 06:59:28 PM

I think that success in trading is in two parts, which is
- First having a strategy,
- Secondly knowing how to utilize the strategy to profit well.

Having a strategy is essential for a trader. Every trader's strategy is different, as each trader has their own unique experience, which will also vary slightly from one another.

Usually, when we have a good strategy, learned from extensive market experience, we can maximize profits. Maximizing doesn't mean never losing. But the profit ratio must be greater than the loss. And if we can consistently implement it, it will generate a decent income. It depends on the capital we have.

Clearly, a strategy can't always remain the same. As traders, we must constantly adapt to market conditions. Therefore, I sometimes change my strategy to adapt to market trends or situations. What usually causes someone to continue losing even with a good strategy is that they usually haven't mastered risk management, emotional management in the market, or trading psychology, and also haven't mastered money management. Therefore, such people often panic and fear easily. They sometimes deviate from their own, even if they have a good plan. Afterward, they regret it and try to re-enter, only to lose. I've encountered many traders like that, and I used to be like that myself.
Of course it would be essential or something a must thing to have because at the time that you do make out some trades but without having that proper analysis and plans then you are just that basically doing gambling. On the time or moment that you do deal up with this volatile space, then make it sure that you would be needing up to find yourself that knowledgeable on what you do. You cant just that dive in without having any plans that you would be needing up to execute. Maximizing profits is something that all of us would be trying out to do as a trader but since we dont know on what the market would be behaving or lets say that even just that finding out the bottom or its peak then it wouldnt be something that so simple or never been that possible at all. This is where your experience and knowledge as a trader will be that tested out at the time that you do make out some engagement at the time that you do make out some trades. You cant just that dive in without having any preparations or knowledge about it on which just like been said that you are just that simply doing gambling and both things shouldnt be that getting in line. When you are doing trading on which of course you would be that needing up that knowledge so that you can be able to handle yourself when it comes into the possible situations that you do face up specially on price market volatility. Some traders do easily get freaked out when they do face up some loses on which this is actually just that normal. It all matters about risks management on this case but since not all people would be having that kind of approach then they would be that usually having those common problems to be faced on. The ones who do able to make out that sustain are the ones who do have that chance or probability that they do become successful into this trading field.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: tvplus006 on July 25, 2025, 11:55:39 PM
There are traders that have a good strategy that they use in the market, but still are unable to maximize profit they make. ..

In an attempt to maximize profits, you will have to violate risk management, which will undoubtedly lead to a loss of the deposit. One should not overestimate the risks, since the higher the risks, the higher the chance of losing the deposit and, accordingly, vice versa.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: Wakate on July 30, 2025, 06:50:07 PM
Having a strategy is one thing and knowing how to apply it is another thing... This is just beyond having the knowledge, if you don't follow the rules you will end up losing..The first rule you must follow is risk management, without it all your strategies and everything you know would be wasted.. risk management helps you cut down your losses and also maximizes your profits.. Don't use strategies that don't support risks management
It is obvious that many traders that do claim they have a good strategy do not even know how to utilize it very well. Trading required both using your knowledge to scale through the market and making sure the available resources with you is suitable to take you through the journey.

Maximizing profits in the market is not something we could hope for without getting more skills on how price does it thing. Those that are mostly profitable in the market are those that have calm down to evaluate the market before entering.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: rachael9385 on July 30, 2025, 07:47:16 PM
When you hear of traders who were successfully able flip small account sizes to big ones in a short time, it is not just because of their strategy alone, it is also due to understanding of how to maximize profits and minimize loss.
This is the problem many traders are having, they want to flip their small account size to a big one just as you said it here. They will think of using high leverage and be very impatient. This is how their accounts will be getting liquidated every time. So instead to be making money, they will be part of the 85% of traders that are losing.


This are traders that think like gamblers they are not conscious of risk management because they only care about getting rich from trading overnight. Traders that do this use a high lot size with a small account. Even if there's a chance that you can flip a $50 dollars account to  $5000 the chances of achieving this are very low. It's better to work with principles and take it one step at a time instead of being impatient


Title: Re: Maximizing profits, a skill every trader should know.
Post by: Distinctin on July 30, 2025, 11:20:01 PM
There's no such thing as maximizing profit in my opinion.
We're playing in a speculative market, you either exit the market with profit or with losses. You would never maximize your profit by just knowing how to utilize the strategy well because you don't have idea where the direction the market is taking in the first place.

As long as you're still making a good profit and got that positive capital growth in your portfolio you're already doing it well.
Chasing profit maximization might even put you at dire situation such as missing out to sell at the top and so on.
I honestly agree with this. It’s hard to realize to maximize your profits out of a speculative market, the best thing we can do here is only to win or lose from the market.

However, if you apply leverage on your trade, you will definitely increase your profits but it also takes a smart and wise trader for you to realize it. But if you’re just an average trader, I mean average when it comes to knowledge and skills acquired, then just avoid leveraging, otherwise it will only lead to your unfortunate losses.


Title: Re: Maximizing profits, a skill every trader should know.
Post by: CryptopreneurBrainboss on July 31, 2025, 06:45:56 PM
After learning the first, it is important to learn the second else you will be a trader with a strategy that should work, but no profit to show for it. When you hear of traders who were successfully able flip small account sizes to big ones in a short time, it is not just because of their strategy alone, it is also due to understanding of how to maximize profits and minimize loss.

Quite true and that's where timing comes in handy because without proper timing, you won't be capable of getting the best profits or minimizing your losses. With a perfect timing, you can exit the market at the right time as such, you would have escaped the disaster that's ahead. Being optimistic isn't always the right way of thinking because some trades aren't going to change the direction that it was already on.

The loss will only increase and that's putting you at a more loss that's why just closing the trade is probably the right decision for some trades. You can make profits from other trade, it isn't a must for every trade that you're on to be profits for you


Title: Re: Maximizing profits, a skill every trader should know.
Post by: Obari on July 31, 2025, 10:52:45 PM
After learning the first, it is important to learn the second else you will be a trader with a strategy that should work, but no profit to show for it. When you hear of traders who were successfully able flip small account sizes to big ones in a short time, it is not just because of their strategy alone, it is also due to understanding of how to maximize profits and minimize loss.

Quite true and that's where timing comes in handy because without proper timing, you won't be capable of getting the best profits or minimizing your losses. With a perfect timing, you can exit the market at the right time as such, you would have escaped the disaster that's ahead. Being optimistic isn't always the right way of thinking because some trades aren't going to change the direction that it was already on.

The loss will only increase and that's putting you at a more loss that's why just closing the trade is probably the right decision for some trades. You can make profits from other trade, it isn't a must for every trade that you're on to be profits for you
There’s always a worst regret that comes will later discovering that, a closed trade later boom and that’s why as a trader, it is always advised to only open a trade with only the amount they are able to lose to avoid regrets.
Remember in trading, there are several forms of trading which includes the scalping and for what strategy you people are referring to, should be considered more by scalpers who are only interested in earning every available profit and dollar that presents itself and avoiding every form of loss.
Scalpers will don’t mind closing a trade as long as it doesn’t go towards their prediction.


Having a strategy is one thing and knowing how to apply it is another thing... This is just beyond having the knowledge, if you don't follow the rules you will end up losing..The first rule you must follow is risk management, without it all your strategies and everything you know would be wasted.. risk management helps you cut down your losses and also maximizes your profits.. Don't use strategies that don't support risks management
The first role of a strategy is supposed to work on risk management and help maximize profit and the movement a strategy isn’t doing this, it should be checked and possibly changed.
As a trader, we understand that, losses are inevitable but the truth is that, the profits should always outweigh the losses to be considered a successful trader.