Stop dreaming about the perfect trade

[1Referee]

A starter pack of a newbie? Do not believe in hypes and trading predictions. Stay with your own plan.

Unfortunately, that's a starter pack doomed to fail. They do believe in hypes. They do believe in predictions. They don't have their own plan.

Newbies thrive on luck, which may grant them some profits here and there, but eventually that luck will run out and they leave with empty pockets. The far majority of the active participants in the crypto economy only lose.

The less active you are, the more there is to gain for you, especially in the long run; your coins gain value, and you can short the market at least once or twice a year. What more can you wish for? People building up wealth in a slower manner will always outperform the majority only paying attention to the short term. Trading the short term market only benefits a few people, the rest will regret having even attempted to trade, or they are too stupid to realize and continue to burn themselves.

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[Morgann]

Many traders are obsessed with the perfect trade, perfect technical indicators. Trading is the field of non-existent "perfect" words. You can have a very detailed plan, but finally be surprised by a crazy market situation, like a cold water droplets in the face.

Instead of trying to reach the perfect trade, change yourself to the market. Average predicted of you about market, average with another trader ( why not? ). You should accept fewer profit but you will lose less. You should sell sooner and buy later than your prediction. follow the market, because the market will not follow you.

There is no perfect trading because you will still lose profit sometimes when the market price is dropping, just try to hold longer every time the market price is dropping to avoid losing your coins.

[sujonali1819]

Many traders are obsessed with the perfect trade, perfect technical indicators. Trading is the field of non-existent "perfect" words. You can have a very detailed plan, but finally be surprised by a crazy market situation, like a cold water droplets in the face.

Instead of trying to reach the perfect trade, change yourself to the market. Average predicted of you about market, average with another trader ( why not? ). You should accept fewer profit but you will lose less. You should sell sooner and buy later than your prediction. follow the market, because the market will not follow you.

yes we should not dream about perfect trade every time. because in crypto trading no one can win all game every time.we should know about market situation and follow the trend of btc,And should follow the news about crypto. It can be help to trade with profit for more time.

[s0beit]

Many traders are obsessed with the perfect trade, perfect technical indicators. Trading is the field of non-existent "perfect" words. You can have a very detailed plan, but finally be surprised by a crazy market situation, like a cold water droplets in the face.

Instead of trying to reach the perfect trade, change yourself to the market. Average predicted of you about market, average with another trader ( why not? ). You should accept fewer profit but you will lose less. You should sell sooner and buy later than your prediction. follow the market, because the market will not follow you.

There is no perfect trading but we can make it right by making right decisions as well. Losing is just a part of it and we can't get rid of it. As for me, the best thing to do is just to learn from our mistakes in trading and just try to do better. Trading is actually challenging and we should learn how to ride with it.

[coconutter]

Well there area lot of people that want to make millions of bitcoins out of a single trade or a single investment, but it is IMPOSSIBLE and it is not going to happen.
There are some people that really need to stop dreaming about things that are not going to happen

[JohnWick_Bitcoin]

Many traders are obsessed with the perfect trade, perfect technical indicators. Trading is the field of non-existent "perfect" words. You can have a very detailed plan, but finally be surprised by a crazy market situation, like a cold water droplets in the face.

Instead of trying to reach the perfect trade, change yourself to the market. Average predicted of you about market, average with another trader ( why not? ). You should accept fewer profit but you will lose less. You should sell sooner and buy later than your prediction. follow the market, because the market will not follow you.

There is no such thing as perfect trade, you will be always getting a profit if you are good enough to wait for the market price to pump up before selling or else you will just lose your coins by dumping it in the market.

[Nisharawal]

Yes, you have said the truth that it is better to adapt ourselves and our trading style as per the market conditions and their trending style. Even I used to trade in that old fashion style where we were expecting the market to go in our predetermined direction and our predetermined target levels. But than i need to change myself and my trading style and then followed a trending strategy where I need to go as per the market directions and conditions and after i got better trading results.

[SleepMachine]

yes. I totally agree with your opinion. there is no perfect market and you should not dream about it. You have to know that whales and sharks control this market and you cant  predict their thought

[RockBar0]

Many traders are obsessed with the perfect trade, perfect technical indicators. Trading is the field of non-existent "perfect" words. You can have a very detailed plan, but finally be surprised by a crazy market situation, like a cold water droplets in the face.

Instead of trying to reach the perfect trade, change yourself to the market. Average predicted of you about market, average with another trader ( why not? ). You should accept fewer profit but you will lose less. You should sell sooner and buy later than your prediction. follow the market, because the market will not follow you.

There is no such thing as perfect trade, you will be always getting a profit if you are good enough to wait for the market price to pump up before selling or else you will just lose your coins by dumping it in the market.

There is no perfect trading method in this market, only new market experiences can help investors succeed if they make good use of their experience. Spend more time in this market to be more successful and you will be worth it.

[worle1bm]

Many traders are obsessed with the perfect trade, perfect technical indicators. Trading is the field of non-existent "perfect" words. You can have a very detailed plan, but finally be surprised by a crazy market situation, like a cold water droplets in the face.

Instead of trying to reach the perfect trade, change yourself to the market. Average predicted of you about market, average with another trader ( why not? ). You should accept fewer profit but you will lose less. You should sell sooner and buy later than your prediction. follow the market, because the market will not follow you.

There is no term like perfect trading because even the expert traders make mistakes in their life and suffer losses but the main thing they gain is experience which helps them to trade wisely in future.So people need to understand this and try on trading each time even they suffet loss because one day they will definitely gain profit.

[JL421]

Many traders are obsessed with the perfect trade, perfect technical indicators. Trading is the field of non-existent "perfect" words. You can have a very detailed plan, but finally be surprised by a crazy market situation, like a cold water droplets in the face.

Instead of trying to reach the perfect trade, change yourself to the market. Average predicted of you about market, average with another trader ( why not? ). You should accept fewer profit but you will lose less. You should sell sooner and buy later than your prediction. follow the market, because the market will not follow you.

Not really with the current state of market if one just buys any coin and holds it for atleast 6 months i can guarantee you he will atleast make a profit of more than 30% of his initial investment which is better than any bank or stock market in the world. But the coin should be in the top 30 list and should be listed on atleast 3 major exchanges

[panjul07]

Many traders are obsessed with the perfect trade, perfect technical indicators. Trading is the field of non-existent "perfect" words. You can have a very detailed plan, but finally be surprised by a crazy market situation, like a cold water droplets in the face.

Instead of trying to reach the perfect trade, change yourself to the market. Average predicted of you about market, average with another trader ( why not? ). You should accept fewer profit but you will lose less. You should sell sooner and buy later than your prediction. follow the market, because the market will not follow you.

Not really with the current state of market if one just buys any coin and holds it for atleast 6 months i can guarantee you he will atleast make a profit of more than 30% of his initial investment which is better than any bank or stock market in the world. But the coin should be in the top 30 list and should be listed on atleast 3 major exchanges

Still there is no guarantees of profit in trading or just holding activity. How if the market down even worst than what we have now in the next 6-7 months as planned? Buying top coins is indeed good idea when the market down but we wont get any guarantees to get profit in x months. We can just follow the market, and we have no exact time when we will make profit.

[montgolfier]

This is the sad part of it, i think that most people is just dreaming about making millions of dollasr in just a few days, and that is the main reason of why they just end up losing a lot of money because of this kind of mistakes that they made on the market.

[milewilda]

Many traders are obsessed with the perfect trade, perfect technical indicators. Trading is the field of non-existent "perfect" words. You can have a very detailed plan, but finally be surprised by a crazy market situation, like a cold water droplets in the face.

Instead of trying to reach the perfect trade, change yourself to the market. Average predicted of you about market, average with another trader ( why not? ). You should accept fewer profit but you will lose less. You should sell sooner and buy later than your prediction. follow the market, because the market will not follow you.

Not really with the current state of market if one just buys any coin and holds it for atleast 6 months i can guarantee you he will atleast make a profit of more than 30% of his initial investment which is better than any bank or stock market in the world. But the coin should be in the top 30 list and should be listed on atleast 3 major exchanges

Still there is no guarantees of profit in trading or just holding activity. How if the market down even worst than what we have now in the next 6-7 months as planned? Buying top coins is indeed good idea when the market down but we wont get any guarantees to get profit in x months. We can just follow the market, and we have no exact time when we will make profit.

Why this market is very speculative where price wont really give out any assurance on when it would pump out and as an investor we should really be aware on that kind of stuff so that we wont able to hurry up ourselves on profiting because if you do rush up most likely you would end up on making foolish decisions or simply non-wise sell outs of your coin holdings.
Perfect trade doesnt exist because if we do mention about perfect thing its 100% no loss but somehow we can make a good trading history it might not be perfect but the profitability would matter.

[noictib]

Many traders are obsessed with the perfect trade, perfect technical indicators. Trading is the field of non-existent "perfect" words. You can have a very detailed plan, but finally be surprised by a crazy market situation, like a cold water droplets in the face.

Instead of trying to reach the perfect trade, change yourself to the market. Average predicted of you about market, average with another trader ( why not? ). You should accept fewer profit but you will lose less. You should sell sooner and buy later than your prediction. follow the market, because the market will not follow you.

You are 100% right and I agree with you , and here I will say that don't be perfect but do the perfect  .
Here in This field most of the people are just making themself upper from anything and facing lots of losses but in Actual they should make attention over the another factors that are going in the market , like hype about particular coin or particular news that can give a better impact over the Market of the particular coin .
Here is myself making analysis and research daily about new new particular coins but in Actual I didn't make my thinking limited to my analysis and research , I makes my attention over the another side where people have Thier own opinion and accuracy how much matters in past .
And in this way I am average to make profit in the cryptocurrency market trading .

[richardsNY]

This is the sad part of it, i think that most people is just dreaming about making millions of dollasr in just a few days, and that is the main reason of why they just end up losing a lot of money because of this kind of mistakes that they made on the market.

Maybe that they consider crypto to be one of the very few 'last' opportunities to actually make something of their life, but they aren't doing anything other than ending up in more poverty. If there is one thing people here shouldn't be doing, then it's trying to time the market or blindly assume a guaranteed outcome. Timing this market is nearly impossible, and there definitely aren't any guarantees to obtain in something so extremely speculative. I tend to call this type of trading the poor mans way of becoming rich, and gambling fits in that category as well. It's mind boggling how some think they can continue to win sport bets....

[acener]

Many traders are obsessed with the perfect trade, perfect technical indicators. Trading is the field of non-existent "perfect" words. You can have a very detailed plan, but finally be surprised by a crazy market situation, like a cold water droplets in the face.

Instead of trying to reach the perfect trade, change yourself to the market. Average predicted of you about market, average with another trader ( why not? ). You should accept fewer profit but you will lose less. You should sell sooner and buy later than your prediction. follow the market, because the market will not follow you.

There is no such thing as perfect trading. We can't really get rid of losses no matter how professionals we are in trading because it is always a part of the game. Though we all know the basics and secrets of trading, losing is still a part of our journey so we must just enjoy what we are doing.

[Topaz72]

Many traders are obsessed with the perfect trade, perfect technical indicators. Trading is the field of non-existent "perfect" words. You can have a very detailed plan, but finally be surprised by a crazy market situation, like a cold water droplets in the face.

Instead of trying to reach the perfect trade, change yourself to the market. Average predicted of you about market, average with another trader ( why not? ). You should accept fewer profit but you will lose less. You should sell sooner and buy later than your prediction. follow the market, because the market will not follow you.

There is no such thing as perfect trade, you will be always getting a profit if you are good enough to wait for the market price to pump up before selling or else you will just lose your coins by dumping it in the market.

There is no perfect trading method in this market, only new market experiences can help investors succeed if they make good use of their experience. Spend more time in this market to be more successful and you will be worth it.

Indeed only asking about anything does not work out, we should experience it and I am sure if you will get involve in trading it will an unstop able journey for you, so you need to learn trading skills and wait with high patience, now is the best time to start it because we cannot get perfect trading but we can learn to be perfect trader using our knowledge we can turn lose into profit so try to learn more and more about trading than only asking about the perfect trading from other people.

[samcrypto]

yes. I totally agree with your opinion. there is no perfect market and you should not dream about it. You have to know that whales and sharks control this market and you cant  predict their thought

Traders must also know how to ride with the whales because this can help them to become more profitable. There is no perfect trade because you will incur losses along your trading plan the most important thing is that you know what to do during that time.

[Oceat]

Someone should set a goal before they lose it all due to the market decline, and as a hodler of crypto we all need some analysis before we go sell it all and not just selling because of FOMO. There is always a different situation in every trading of the market which lead someone to a success or failure if the plan is not working. But most of it were successful due to their experience and not just simply by their luck.