How do you develop stronger hands?

[jaocoincrypto18]

The financial markets and trading offer the ability to earn huge profits and huge losses, risk-management and a responsible approach making sure that you truly understand everything you are doing is key to success in this fun, exciting and potentially very rewarding industry. Spend your time researching and learning as much as you can, learn about risk-management and try to always see what other people cannot - all these things motivates and develop me to remain in the trading.

[youdacapt]

Let's say you analyze the charts, you make a call, and place a trade with a certain time horizon.  How do you avoid getting 'shaken out' in the short term? 

I'm finding my calls are right, way more than 50% of the time, but I'm not as profitable a trader as I should be, because it seems more often than not, there's either a dump out, the chart starts to look like it's turning bearish and I begin to lose confidence in my calls.  Then I might set a stop loss and there's a shake-out, it eats through my order, then the trend turns around and basically does exactly what I had originally called.  Or if it starts dumping I might panic sell. 

I'm typically more profitable if I do not even look at the chart, like at all, after making my buy.  Not sure that's good either. 

What do you recommend in this case? 

I'm also thinking, if I had a read that the price was going to fall short term before the long, then I could get a better entry, but it almost always takes me by surprise. Is it whales that are swinging their whale dicks, that do that (and thus why I don't see it lining up that way), or is it just me? 

Any feedback welcome.

Firstly i think the easiest way to avoid ''shaken out'' is to always stick to your trading plan and also employ stop loss to your trades. If you apply sl, your trading loss will be of very little %. It is not advisable also for you to make investments without studying trade charts; thats gambling. i will advice that you continue with your actual strategy and be more consistent in practice and patience, it will pay off.

[isaac_clarke22]

~

In an investor's perspective: Though I like buying at dips, I mostly don't even look at charts and time entries lol. After approximately 4 years of holding, FUD and negative posts in general pretty much does nothing to me. Knowledge and experience will simply make you realize that all of those are just small bumps and hindrances for the long term.

Hell this is what I was talking about as a holder.
Now it is pretty crystal clear to me that trading isn't for everybody and that applies to me.
Back then when I was day trading in Etherdelta and Binance, I was pretty much worrywart all the time.
Unlike now as an investor, I pretty much just chill and do my usual thing and still earn something.

[milewilda]

What do you recommend in this case? 

I'm also thinking, if I had a read that the price was going to fall short term before the long, then I could get a better entry, but it almost always takes me by surprise. Is it whales that are swinging their whale dicks, that do that (and thus why I don't see it lining up that way), or is it just me? 

Any feedback welcome.

Stick on the thing that works for you and it dont mind much on what are the difference compared if you do actively seeing off charts.If you do find out that you do make money or making yourself
less emotional if you dont see those charts then that would be a better option. Human beings are naturally emotional thats why its no surprise that sudden change of situations
will really affect your plans or goals in mind no matter how fixed it is. Controlling yourself would really be a challenge if you arent really that dedicated or type of person that do stick
into his plans no matter what.This will really be differs when it comes to experience, once you had gained enough then these situations wont really budged you off.

[Fivestar4everMVP]

In a trader's perspective: assuming you're a decent trader, then just set your plans and price targets, and totally stick to your plan. If your emotions still get a hold of you, then you either toughen up or just admit that trading is not for you.

In an investor's perspective: Though I like buying at dips, I mostly don't even look at charts and time entries lol. After approximately 4 years of holding, FUD and negative posts in general pretty much does nothing to me. Knowledge and experience will simply make you realize that all of those are just small bumps and hindrances for the long term.

I must say you are good mate, I literally have never held any coin or token more than a year without selling them at the slightest upward movement, I like to call myself and investor cus I don't day trade, though I've tried it a couple of time and finally convinced myself that it's not for me.
I totally relate to all the op have said in his post, I really need to develop stronger hands as lack of this have made me lost big most times, but in the same vain, it has also helped me get out of bad projects on time. But then, I understand this depends on the coin or token one is hodling, if it's a good project, it's easier to hold the coin for a longer time but if the project is full of uncertainties, it'd difficult to hold the coin without temptation to sell most times.

[Kelvinid]

The financial markets and trading offer the ability to earn huge profits and huge losses, risk-management and a responsible approach making sure that you truly understand everything you are doing is key to success in this fun, exciting and potentially very rewarding industry. Spend your time researching and learning as much as you can, learn about risk-management and try to always see what other people cannot - all these things motivates and develop me to remain in the trading.

Searching and learning are not enough to make a change to our mindset when we are already been disturb by our emotions brought into weakening our trust and confidence in Bitcoin. What makes someone able to hold their holdings even seeing the declining scheme is because of having faith in their investment, they're believing that after this struggle, it turns into their favor back. OP didn't have such faith, a reason why he becomes worried and weaken his hand and sell.

[iv4n]

I'm typically more profitable if I do not even look at the chart, like at all, after making my buy.  Not sure that's good either. 

I guess that's more of an assumption to me or have you really observe it on your end? Not looking into a chart is like waiting for a miracle, I suppose, just because you haven't look at it doesn't mean you're profitable when you see it again. Plan your trades, trade your plans. There's nothing better than those who have a plan especially to cut losses sometimes, there's still the next day you could plan for it.

I think this is a fear of loss! It's like when you need to jump, and it's better to close your eyes and just jump, if you take a look and start thinking about that jump fear will eat you, and you will probably quit!
People should trade, and gamble, with amounts they feel comfortable with! You need to take a look, make a decision and do what you need to do! If there's more money in that you can handle, you risk more, pressure is higher...
More practice equal more experience, and that will make your hands stronger!

[traderethereum]

The financial markets and trading offer the ability to earn huge profits and huge losses, risk-management and a responsible approach making sure that you truly understand everything you are doing is key to success in this fun, exciting and potentially very rewarding industry. Spend your time researching and learning as much as you can, learn about risk-management and try to always see what other people cannot - all these things motivates and develop me to remain in the trading.

Searching and learning are not enough to make a change to our mindset when we are already been disturb by our emotions brought into weakening our trust and confidence in Bitcoin. What makes someone able to hold their holdings even seeing the declining scheme is because of having faith in their investment, they're believing that after this struggle, it turns into their favor back. OP didn't have such faith, a reason why he becomes worried and weaken his hand and sell.

Maybe we need to learn how to manage emotions before trying to hold any coins because that will not be easy to see the price moves and sometimes, the price can make us panic.
If we have a strong heart to see how the market moves, that will not disturb us to hold the coin for more, but we will see a chance to buy more at a low price.
The investor will not just stay calm if they see the price is down, but they also prepare the other money to buy more amount to increase their coin amount bigger.
That will give them more profit in the future, especially if the price can jump to the highest price shortly.

[Oasisman]

~snip~.

I must say you are good mate, I literally have never held any coin or token more than a year without selling them at the slightest upward movement, I like to call myself and investor cus I don't day trade, though I've tried it a couple of time and finally convinced myself that it's not for me.

Day trading is never easy and it's one of the most risky type of investment.
Anyway, why don't you try holding it for long term and set a specific target before cashing out your wallet. That's how you test your patience. Those who bought even at the peak of 2017 bullrun and still holding up to this very moment had already profited. Though selling for short term is also profitable but a long term profit is much greater, especially when you're slowly accumulating during the dips.

[AicecreaME]

After you did the Technical Analysis, chart it, and then wait for the confirmations before putting a Trade. Don't waver, it'll eat you up and give you regrets later. Tough up, stick to your plan, and always trust your skills in Trading, because that's what I think you're lacking. If you're not sure about your technical analysis, place a small bet and see if you're right or wrong, simply as that.

[MCobian]

I am not traders who always stick to my plan, because I always improvise depending on market conditions. But this is the reason why it is difficult
for me to get big profits. Because I always sell coins below the target sell price, because I was afraid that the price of the coins suddenly fell. Maybe
this is a lesson for me to stick to the plan when trading, if I want to get maximum results when trading. This is also a lesson for all traders to be able
to develop and succeed in getting big profits so that they always stick to the plan.

[Mahanton]

After you did the Technical Analysis, chart it, and then wait for the confirmations before putting a Trade. Don't waver, it'll eat you up and give you regrets later. Tough up, stick to your plan, and always trust your skills in Trading, because that's what I think you're lacking. If you're not sure about your technical analysis, place a small bet and see if you're right or wrong, simply as that.

Trading is a lot of trials and error thats why you would able to develop things according into your experience.Developing something like this
would really take some time and doesnt really make you a better trader in a short span or with less engagement on it. TA's are common
but sticking out to plan is really the hardest challenging due to our emotional aspect where plans or goals are mainly affected.
It can really be altered in an instant when you arent really good on handling yourself or being too disciplined into your trading.

[RealMalatesta]

The financial markets and trading offer the ability to earn huge profits and huge losses, risk-management and a responsible approach making sure that you truly understand everything you are doing is key to success in this fun, exciting and potentially very rewarding industry. Spend your time researching and learning as much as you can, learn about risk-management and try to always see what other people cannot - all these things motivates and develop me to remain in the trading.

That is not how you "develop stronger hands", that is how you become a good trader and yes a good trader does have a strong hands but you are talking about how to be a good trader skipping the stronger hands part. The way to builda  strong hand is to force yourself to hold, I do not know how you would pick it but I just bought some bitcoins, put it on an USB and locked it in my banks vault, I had some things there anyway so I put the USB there.

That allowed me to not be able to sell whenever I want. That is the kind of forcing you need, find a way to not be able to sell and you are going to have a stronger hands. Patience and discipline are not things that can be built that easily, it takes hating everything you do for a very long time but grinding anyway, if you can grind while hating without interruption, you build that mindset to become very good.

[buwaytress]

Yeah, don't buy the crap about people having weak or strong hands. I've noticed those who lay claim to strong often aren't exposing much anyway, or aren't trading. If you're holding and you've got wealth all tucked away regardless, it's easy to become "strong".

But take a leaf out of their playbook. Invest what you can afford to lose, invest what you won't be looking at every day wondering how much it's worth, and you'll by nature not have weak hands.

Silly but logical, no?

[topshelfcrypto]

You can't avoid stop runs. It's just part of the market. One of the biggest keys to success is being able to get stopped out and then jumping right back into the same trade again if/when the setup presents itself. Most people do the opposite and get scared out of the market = missed opportunities.

Stop runs often mark the beginning of a trend, so this is pretty crucial.

Thank you, I did not know what a stop run was. I just read up on it. I think this accounts for some of what I'm experiencing. And because crypto markets are so volatile, so fast paces, and open 24/7, I have a hunch they are being used more liberally there than in forex or stock markets. 

[topshelfcrypto]

Trading is a lot of trials and error thats why you would able to develop things according into your experience.Developing something like this
would really take some time and doesnt really make you a better trader in a short span or with less engagement on it. TA's are common
but sticking out to plan is really the hardest challenging due to our emotional aspect where plans or goals are mainly affected.
It can really be altered in an instant when you arent really good on handling yourself or being too disciplined into your trading.

That is a very nice domain name friend.

Thanks for your input.

[ChrisPop]

You've got to tailor your trading strategy to your personality. You see.. we are all built and wired differently so a strategy that works for somebody, doesn't mean will work for everybody. And that's not because it is more complex, but from an emotional and mindset perspective.

I'm typically more profitable if I do not even look at the chart, like at all, after making my buy.  Not sure that's good either.

There are many successful traders that do exactly that. They place the trade, set the stop loss and take profit levels and look for the next trade or do something else like drinking a cocktail with the gf 

[dimonstration]

I am not traders who always stick to my plan, because I always improvise depending on market conditions. But this is the reason why it is difficult
for me to get big profits. Because I always sell coins below the target sell price, because I was afraid that the price of the coins suddenly fell. Maybe
this is a lesson for me to stick to the plan when trading, if I want to get maximum results when trading. This is also a lesson for all traders to be able
to develop and succeed in getting big profits so that they always stick to the plan.

It's good to improvised but it will be much better if you will set in your plan of selling in certain value, do charring and see where the possible price will go and set your mind that you'll only sell on that range same with will stop losses on certain bracket if we plan in short or long,and when its about to approach in that amount it requires much more of consistency of being updated technically as well on more details or news that may happen.

[k@suy]

You should learn how to make a trading plan, so that you can manage any losses that might come in your way, it is pretty normal to be confuse on what we should do at first because we're just starting to trade, but eventually when you already know how to read chart, patterns and trend line slow by slow you will be able to develop strong hands, well of course you will develop it because of confidence so trading plan is needed as well.

[dunfida]

-Set specific goals or targets
-Set stop loss or take profits
-Alter decisions when market tends to have some odd movement.
-Follow up your guts or intuition sometimes.

This is pretty working on my part and all of these things can be acquired when you do already get sufficient experience
towards the market so simply means trading as long as you can will really give out significant effects.