Short one's own operation

[lightning0]

There is a very interesting thing that makes me a bit dilemma. Whenever I consider whether to look at an upward or downward trend in a trading cycle, things are always in the opposite direction. What is even more incredible is that when I want to abandon this transaction, the story is again It's the opposite direction.

1. Good speculators are always waiting, always patient. Waiting for the market to confirm their judgment
2. Don't completely trust your judgment until the market's performance confirms your opinion

[Oshosondy]

Trading is risky, it is not easy to trade and make gain from it, most traders are even losing, emotions needs to be avoided, trading rules have to be followed, traders should have a characteristics of being patient and able to analyse and follow their analysis. Close the opened market at the right time and many more. These are just few of the rules to follow and technical analysis should not be taken for granted. If a trader knows day trading is not his choice after losing repeatedly, he can go for swing trading, he can even do the best by holding when the market has already dump.

[livingfree]

There is a very interesting thing that makes me a bit dilemma. Whenever I consider whether to look at an upward or downward trend in a trading cycle, things are always in the opposite direction. What is even more incredible is that when I want to abandon this transaction, the story is again It's the opposite direction.

1. Good speculators are always waiting, always patient. Waiting for the market to confirm their judgment
2. Don't completely trust your judgment until the market's performance confirms your opinion

1. It's needed to be patient. Because that's one of the important attitudes of a trader that one must have.

2. I say that trust your own analysis if you have enough experiences that you've been through in this very volatile market. But it's fine to sometimes doubt your capacity if you think that there's something wrong with your analysis and speculation.

[pooya87]

There is always an element of unpredictability involved in trading but also some markets are just completely unpredictable. Namely the altcoin market. When you say market moves in the opposite direction of your prediction, maybe you are just getting your timings wrong. For example during altcoin pump and dumps, if you are slightly late then you will get dumped on (market moves against you). You just have to get your timing right by trying to use the pump signs and exit before the pump runs out of steam. Or simply stay away from altcoins altogether.

[lightning0]

There is always an element of unpredictability involved in trading but also some markets are just completely unpredictable. Namely the altcoin market. When you say market moves in the opposite direction of your prediction, maybe you are just getting your timings wrong. For example during altcoin pump and dumps, if you are slightly late then you will get dumped on (market moves against you). You just have to get your timing right by trying to use the pump signs and exit before the pump runs out of steam. Or simply stay away from altcoins altogether.

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The altcoin market is not what I want to pursue. Human operations and anti-human operations are not applicable to him.

[bocyaj]

There is a very interesting thing that makes me a bit dilemma. Whenever I consider whether to look at an upward or downward trend in a trading cycle, things are always in the opposite direction. What is even more incredible is that when I want to abandon this transaction, the story is again It's the opposite direction.

1. Good speculators are always waiting, always patient. Waiting for the market to confirm their judgment
2. Don't completely trust your judgment until the market's performance confirms your opinion

Option one will be choose by many of the traders.The market had various pattern and stike.So we need wait till some expected value.Because it take huge time to achieve a good value.When the market respond to your trading investments,you will get a profit .Selling with the low price always get some loss.You should balance on upcoming trading.

[pooya87]

The altcoin market is not what I want to pursue. Human operations and anti-human operations are not applicable to him.

The "timing" is still important but the difference is that in bitcoin (or any other larger market) you can't just wait around for some signal "approving judgment", if you do it is very easy to miss out on a lot of opportunities. For example take last time bitcoin had a sudden manipulated dump where price reached $3800. If you sat around waiting for the buy signal you would have missed buying super cheap bitcoins since price jumped back up to $5700 next day and in 3 days price was $7100.
Or my favorite in March 2019 when price was stuck in $3000 range and people were waiting for the signal. It only took a couple of hours for price to go up about $2000 and in less than 2 weeks we were sitting at $8k. Something like that happening on a weekend and you'll miss your window of opportunity.

[hugeblack]

Trading depends on your ability to take advantage of opportunities. The more you have the tools to take advantage of those opportunities, the easier your money will be.

Opportunities come and go, so invest in your mind and learn how to anticipate those opportunities and how to improve your reaction when they occur and thus increase your profits as trading depends on the appropriate times to buy and not when selling.
In general, the emotions are the last thing you want to add.

[maxreish]

There are times that my speculation goes opposite. But what I did on my previous trade that until now I am doing is that Im checking charts on different volume, on that way I can reconfirm in longest time frame and with different indicators. Probably, patience indeed  needed on this part because the success rate  usually depends on how patience you have to yourself and how you integrate all your learnings to your entry positions.

[GeorgeJohn]

As a trader, you need to have a working strategy that will be use in analysing the market. Market analysis is very important so that one can determine the previous and present price movement using various trading tools 80% guarantee the future trend of the market.

Some traders find it difficult to be self dependent rather, they look for signals from analysts that can guarantee a safe trade without stress and charting. This is the reason why many traders still find it difficult to trade successfully because of lack of focus and fear of losing trades which is part of the game. Loses is certain but success is when rewards is greater than total loses. In as much as there is no 100% sure analysis which guarantee accurate trading, speculators still have the possibility to make poor trades.

[Ryker1]

Well, because trading is not just easy --you need to improve your skills and ability on it especially when we are using our analysis like technical analysis. This will not become complete without fundamental analysis, both this tool can be used not to become 100% accurate but at least you have a guide which the unpredictable thing can forecast into the nearest prediction. But sometimes this patience will give us a good opportunity to benefit the market. Just need to have perfect timing on it and must you have believed in every decision you have and the last one is should focus on the trading plan.

[rhomelmabini]

Always remember this: "Plan your trade and then trade your plan", there's no better thing than this if you want to start your trading career. If it's a wrong trade always program your mind that the next time you do it better.

There are too many factors you are on the opposite direction and one of it is your emotion, if you let your emotion on the frontline of your trade expect things a little bit messy. Trading is planning and you need to master it day by day, even professionals still learning everyday - it's a lifelong learning.

[RokokGudangGaram]

There is a very interesting thing that makes me a bit dilemma. Whenever I consider whether to look at an upward or downward trend in a trading cycle, things are always in the opposite direction. What is even more incredible is that when I want to abandon this transaction, the story is again It's the opposite direction.

1. Good speculators are always waiting, always patient. Waiting for the market to confirm their judgment
2. Don't completely trust your judgment until the market's performance confirms your opinion

I'm sure that you are watching the flow of the market in micro time frame? well before you enter the market you already have plans to it such as take profit and stop loss, when you already enter the market there's no need to watch it in micro time frame since it would just waste your time and just stick with your stop loss and take profit.

[cryptoaddictchie]

1. Good speculators are always waiting, always patient. Waiting for the market to confirm their judgment
2. Don't completely trust your judgment until the market's performance confirms your opinion

What if their speculations arent same with the outcome of the market? Some speculators are sometimes right or wrong and we cant really say how good they are unless they have some past result of speculations that have happened with their reasoning.

Sometime you need to trust your judgement whether the market confirms it or not. How do you learn if youll depend on the result itself. Execute and when the market gives you the exact thing you wanted then be greatful, you got it already.

[so98nn]

Happens all the time but this is all psychological follow up of your trends. I think you need to restructure your thinking when you predict the market.

I would suggest you to brain wash your current thinking about how those candles really work. There are bunch of free lessons and also forum threads who indicates patterns of candle and how it will behave in the future.

I’m telling like literal patterns which can be taken into consideration and predict the market. ;-)

[michellee]

There is a very interesting thing that makes me a bit dilemma. Whenever I consider whether to look at an upward or downward trend in a trading cycle, things are always in the opposite direction. What is even more incredible is that when I want to abandon this transaction, the story is again It's the opposite direction.

1. Good speculators are always waiting, always patient. Waiting for the market to confirm their judgment
2. Don't completely trust your judgment until the market's performance confirms your opinion

If they only speculate about where the price will move, they will not make a profit instead of losing the money because they can not analyze where the price will move. It is not easy to analyze and know the price movements, but at least we can predict if the chart is like that. We know that it will move up or down. It needs the experience to know the price movements, so you need to have experience and learn more about analyzing the market.

[Ararbermas]

1. Good speculators are always waiting, always patient. Waiting for the market to confirm their judgment
2. Don't completely trust your judgment until the market's performance confirms your opinion

actually it's not bad to make your own judgement but of course it's always too good to be true and that is to follow the trend always. And yes it requires patience and efforts and it really took time always because the most important is a confirmation wherein to assure everything will gonna be alright when you ride in.. But after all of that for sure it's always worth it to do because its the most safest way than relying what's your judgment and etc.

[tulusikhlas]

The point is in trading mental strength and must be able to think positively when being hit by a bear market. at least it will control your emotions and not let FUD rule your mind. always try to control the mind and think everything will be fine then go back to the price recovery. Just being patient is not enough, you have to be really extra sure what you are holding is what you chose from the start.
Trading always gives all traders red and blue cycles but all have their own ways and methods of when and where they have to make decisions.

[taufik123]

The point is in trading mental strength and must be able to think positively when being hit by a bear market. at least it will control your emotions and not let FUD rule your mind. always try to control the mind and think everything will be fine then go back to the price recovery. Just being patient is not enough, you have to be really extra sure what you are holding is what you chose from the start.
Trading always gives all traders red and blue cycles but all have their own ways and methods of when and where they have to make decisions.

mental strength or psychology is a lesson that all traders must do. either novice or professional trader. Because psychology will determine the profits and losses when trading.
FUD, FOMO is a state that will test our psychology. Is it affected or not.
We must have a target where we should take advantage and when to buy it. Do not violate the strategy that has been made.
Trading is simple, buy cheap and sell high. but its implementation will not be that easy. Psychology will play when the price starts to fall and starts to rise far from our predictions.

[CryptocurencyKing]

In most cases, the market always seems to be against uiu and you end up thinking there is some agent somewhere, monitoring your trades on which direction you will take and once you choose a position, they immediately use it against you by changing the market direction. It happens quite often especially for beginner traders that the dilemma becomes very discouraging to continue trading you know. For some, you can't convince them otherwise, that's just it they believe.

Well, for a fact its never so. There is no way you could be singled out and focused on in a sea of traders, trading same market and instrument. The market is a constantly changing environment and as such, it might buy and sell for a while, depending on how patient you are on a position, it could immediately turn to your favour and should you switch regularly, the dilemma continues to persist in your head.