Wait for the right set-up

[Roggeredek]

There is no such thing as 100% percent in trading, the same way you will gain here, the marketplace will force you to lose in the same way. Because when you make a lot of profit, you open a large trade, then the market will make you lose. If you survive wisely here in the market you can survive long. Besides, you can never last long in the market. How many dollars will you lose per day and how many dollars will you profit per day. Be sure to identify these limitations.

[AnonBitCoiner]

Don’t chase your losses because you will only lose more, but chase for more trading knowledge and experience so you can win your trades. Trading is like gambling, the challenge to win and be in profits is always high, but sometimes all we need to do is just wait for the right timing and set -up to trade so that we can lessen the chances of losing and increase the potentials of making profitable trades.

If someone loses in trading then they don't learn to minimize these mistakes but they are in struggle to accumulate more money to recover their loss but recovering your loss is not easy without learning about your mistakes. Complete knowledge is very much necessary and because of this knowledge trading is different from gambling but if someone trades without knowledge then there remains no difference between trading and gambling as a result of which you will just lose your money.

Trading needs more consciousness and if you don't give time to knowledge then there are more chances to lose your trade instead of getting success in it. Sometimes you are using accurate knowledge but the market is not in your favor due to which you lose money so I think not just knowledge but making trade on accurate timing is also necessary.

[Zanab247]

People actually don't know how important it is to wait for the right set-up, some traders think that the more you trade the more money you make which is very much unlikely, trading doesn't work like that, you might make a lot of money from 5 to 7 trades, and use just only one trade to lose everything including your initial magin.

Not that people don't know how to wait for the right set up, just that they are comfortable with the little profits they are earning from the trading, not knowing that they can earn more than what they are earning from the short term trading.

There are some people that like long term trading, but base some financial issues surrounding them, it will be difficult for them to wait for bull run before they can trade and it will make many things happen that will make people to mock at them, which are the reasons some people don't wait for the right set up in the market.

And, for you to see that opportunity in a bigger way, you have to wait till bull run occur which is the best season you can accumulate profits, but if you fail to wait till bull run before you trade, there is no way you can improve higher in your trading.

[livingfree]

Maybe that's the right setup for them, the more trade they do the more chances of winning their trades will be.

And so, that's the belief that they're having because they potentially think that they need to have more trades to be done for them to attract more chances of winning.

Well, somehow there's half truth with that but on trading. You need to study very well the market and the charts and you'll be the one reading it with the candles and I agree, you need to do it with the right setup.

From those factors that you know as a trader, you'll get the idea on how to do it very well but you'll learn it the hard way because you might get a lot of losses first.

[adpinbr]

You have to understand trading before you go into it very well, trading is not something you should be unserious with, because you’ve been winning winning and you just feel like putting more and more sometimes get it right and after staking some more money and find out that the game wasn’t so good and you lost it, you have to take a good step on gaming despite that you have been winning you should understand very before putting in another game