When Trading becomes Unfavourable

[KupaCrypto]

There are few factors that leads to unfavourable trading, these factors includes Greed, and chasing a trend, Traders are expected to encounter Challenges during trading and relating these challenges with people's experiences can be the key in solving the challenge, 
Sticking to the trading plan is also good to avoid unfavourable trade as changing plans in the middle of a trade Can really lead to a loss in trade.

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[Oshosondy]

Experience matters in trading, but some traders will continue to lose because they will continue to fail to adjust. They might have in mind that they will not let emotion controls them but after they open a position, all they will find out is that they later go against their trading plan which lead to significant loss. After the emotion, changing of trading plan and money loss, the market will later reverse back in a way that would have favoured them.

The ones I can not go for again is increasing leverage if I start a trade with 3 to 5x margin ratio. I will first prefer to start with low amount and average instead. Anything going more than 5x for bitcoin, I can do again. Martingale strategy which is very risky has been what that affected me most that is leading to losses for me. It can get to the point that the market might reverse before liquidation but I would have closed the position because I do not want to lose further. Leverage and increasing leverage is very risk. Too much leverage is risky and is what that can mostly affect your emotion and trading plan.

This is crypto. Another thing that can make someone to lose is the coin they are using. I prefer to use bitcoin and just bitcoin alone. There are some good altcoins too, but I prefer to focus on bitcoin. There are many altcoins that are gambling and they are shitcoins. The trader may be very good, having good analyses that will favour the traders if they use good coins like bitcoin, but using shitcoins will lead to losses and losses.

It is good to know that trading is very risky.

[Latviand]

Experience matters in trading, but some traders will continue to lose because they will continue to fail to adjust. They might have in mind that they will not let emotion controls them but after they open a position, all they will find out is that they later go against their trading plan which lead to significant loss. After the emotion, changing of trading plan and money loss, the market will later reverse back in a way that would have favoured them.

It's healthy that you still feel emotions imo, that means that you're not totally a slave to money, if I'm being honest it's okay to express the emotions instead of bottling them up, the key to not affect your trade is that you can control when you express it.

This is crypto. Another thing that can make someone to lose is the coin they are using. I prefer to use bitcoin and just bitcoin alone. There are some good altcoins too, but I prefer to focus on bitcoin. There are many altcoins that are gambling and they are shitcoins. The trader may be very good, having good analyses that will favour the traders if they use good coins like bitcoin, but using shitcoins will lead to losses and losses.

The beauty of altcoin imo is that you can make profits if you're one of the many first to buy the token, 2nd and 3rd generation buyers aren't that lucky because then they have to watch the price and hope that their initial altcoin purchase would generate them an acceptable if not adequate. That's where your skills in trading sharpens though, makes you great at analysis and predictions.

[Abu-Naim]

There are few factors that leads to unfavourable trading, these factors includes Greed, and chasing a trend, Traders are expected to encounter Challenges during trading and relating these challenges with people's experiences can be the key in solving the challenge, 
Sticking to the trading plan is also good to avoid unfavourable trade as changing plans in the middle of a trade Can really lead to a loss in trade.

If the trading pattern you stick to stops working for you, and you probably stop gaining profit from trading, then it is time to review other trading patterns and make some changes because no one wants to lose.

Greed is not always favorable, but following trends pays sometimes when you do good research about the trend and take caution before starting to follow the trend.

[yhiaali3]

Sticking to the trading plan is also good to avoid unfavourable trade as changing plans in the middle of a trade Can really lead to a loss in trade.

Yes, adherence to the trading plan is healthy in trading. It is wrong to move from one strategy to another without completing it. This movement often causes losses.

It is true that most of the time you have to stick to the trading plan until the end, but on the other hand, sometimes insisting on continuing the strategy is a mistake. If you see a defect in the results, you should re-evaluate the plan and then decide whether to continue, move to another strategy, or stop.

[bitLeap]

Sticking to the trading plan is also good to avoid unfavourable trade as changing plans in the middle of a trade Can really lead to a loss in trade.

Yes, adherence to the trading plan is healthy in trading. It is wrong to move from one strategy to another without completing it. This movement often causes losses.

It is true that most of the time you have to stick to the trading plan until the end, but on the other hand, sometimes insisting on continuing the strategy is a mistake. If you see a defect in the results, you should re-evaluate the plan and then decide whether to continue, move to another strategy, or stop.

Changing plans in the middle of the journey is not good at all, especially if it is closely related to the plan that we built at the beginning. We must be consistent in anything, but we must also be able to evaluate what we do. I am a person who believes that there is no perfect strategy, or in other words, we must continue to improve or evaluate at all times.

Now sometimes I see people misinterpreting this, especially for those who are new to trading. They listen and swallow raw what others say, when it should be processed first.

[Fuso.hp]

Excessive greed in trading is a threat to one's money. It is never right to over-profit, the trading should be sold only when the amount is profited. There are many inexperienced traders who don't have enough knowledge about the market so when they take a trade and when the price of the coin they are trading increases, many new investors don't sell their investment because they don't have enough knowledge about the market. As the price of his investment is going up, maybe if he holds it for a while, the price of his investment will go up even more, thus he loses a lot of money. So one should never be overly greedy. A target should be set at a certain level only then it is possible to achieve something good by trading.

[hyudien]

There are few factors that leads to unfavourable trading, these factors includes Greed, and chasing a trend, Traders are expected to encounter Challenges during trading and relating these challenges with people's experiences can be the key in solving the challenge, 
Sticking to the trading plan is also good to avoid unfavourable trade as changing plans in the middle of a trade Can really lead to a loss in trade.

The name of any trading there is always a cycle between profit and loss, whether it's when situations and conditions don't support us mentally or not. Even though knowledge and experience are quite qualified because what is being traded is an asset with high fluctuations, it is possible that someone will always be faced with an inappropriate position. Quite naturally and unsurprisingly, in crypto this sort of thing happens to almost everyone. Related to changing plans in the middle of trading, usually based on initial trading by prioritizing speculation, or applying methods that are not quite right Finally in the middle of trading the decision becomes biased. 

[AbuBhakar]

There are few factors that leads to unfavourable trading, these factors includes Greed, and chasing a trend,

Trading can be considered as a PVP match since you are competing with other user to have a good buy and sell price in order to win in trading. Many forgets that you will on,y earn on trading if someone losses since the orderbook is came from other traders too that setup buy and sell order aside from the liquidity provided by the exchange that automatically adjust based on the setup price of traders in the orderbook.

It’s unfavorable on trading if you don’t know how to trade well and can’t outsmart other trader to have a better trade.

[Timmzzy]

There are few factors that leads to unfavourable trading, these factors includes Greed, and chasing a trend, Traders are expected to encounter Challenges during trading and relating these challenges with people's experiences can be the key in solving the challenge, 
Sticking to the trading plan is also good to avoid unfavourable trade as changing plans in the middle of a trade Can really lead to a loss in trade.

even with all of this you are saying, trust me many will still do what pleases them forgetting that trading is not Grambling. it has to do with lots of discipline and psychology. Newbies now in this new generation are all about making quick cash, forgetting that its NEVER done that way. i wish many will learn somethisomething from here.

[_BlackStar]

Sticking to the trading plan is also good to avoid unfavourable trade as changing plans in the middle of a trade Can really lead to a loss in trade.

I totally disagree - especially if you have to change your long term to short term plans out of necessity.

As long as you sell it in a position that benefits you financially - then you are free to make changes to the plan. Trading shouldn't be so rigid - sometimes you also need to make adjustments instead of sticking to a strategy that isn't more profitable. I hope you see what I mean - but it's not too hard.

[Aanuoluwatofunmi]

There are few factors that leads to unfavourable trading, these factors includes Greed, and chasing a trend, Traders are expected to encounter Challenges during trading and relating these challenges with people's experiences can be the key in solving the challenge, 
Sticking to the trading plan is also good to avoid unfavourable trade as changing plans in the middle of a trade Can really lead to a loss in trade.

Trading itself is not unfair, we are the ones that creates an unfavourable conditions to how we trade along the line, if you have a sound and clear understanding of trading together with it's patterns, you could have a better experience in doing it, also if you can create ad develop a modest personal interest, character and skills in learning and making trading decisions, you could stand a better chance for a required positive experience in trading, whenever you're not getting what you want in trading, then look around, check and balance some areas about yourself.

[Faisal2202]

There are few factors that leads to unfavourable trading, these factors includes Greed, and chasing a trend, Traders are expected to encounter Challenges during trading and relating these challenges with people's experiences can be the key in solving the challenge, 
Sticking to the trading plan is also good to avoid unfavourable trade as changing plans in the middle of a trade Can really lead to a loss in trade.

But sometimes it is good to change plan with market condition but only for those who are expert in market and do know when to time the market but still this is not some skill that will provide one the hundred percent results. So, efforts makes the man more successful so keep trying for best strategies which would increase more decision making.

Point is, we should be more dependent on ourself instead of other or others news because here we see a news from an unofficial platform there we try to exist from the entry or vice versa. Such acts are foolish and lead us to greed and we all know greed is curse. So we should try not to fall prey to any market sentiment instead we should try to follow our own plans as you said but plan must be good too.

[macson]

There are few factors that leads to unfavourable trading, these factors includes Greed, and chasing a trend, Traders are expected to encounter Challenges during trading and relating these challenges with people's experiences can be the key in solving the challenge, 
Sticking to the trading plan is also good to avoid unfavourable trade as changing plans in the middle of a trade Can really lead to a loss in trade.

i hope there are many beginner traders and people who want to start trading reading this topic, how important it is to have a careful plan in trading activities so that the results can be in accordance with expectations, just imagine how wasted your time is if you are not able to make a profit in trading, a careful plan includes, good knowledge of trading, stable emotions and sufficient capital, if you prepare the three things above well then the final result of your trading will be satisfactory, slow down in learning to trade, nothing should be chased.

[stomachgrowls]

There are few factors that leads to unfavourable trading, these factors includes Greed, and chasing a trend, Traders are expected to encounter Challenges during trading and relating these challenges with people's experiences can be the key in solving the challenge, 
Sticking to the trading plan is also good to avoid unfavourable trade as changing plans in the middle of a trade Can really lead to a loss in trade.

Whether you do make out trades on middle way or path doesnt always end up on being a loss on which we know that the are really times that we did make a right call.This is why it would really vary considering that the

market is always been that unpredictable and there's no way on knowing on where it would be heading.This is why its really that hard to point out and as a trader then we would really be continuously be experiencing losses but eventually would be continuing on learning too which its the main benefit.This is why the more experienced you are, the more knowledgeable you would be on which it is really that totally in gap between those newbie or amateur gamblers who had just recently jumped in into this market. We are all gonna experience that unfavorable kind of condition and this is where your knowledge and skills would be applied in all the challenges that
you had faced in the past. You would be applying on what you do learn and would really be lessening up such risks.

You would be considered to be a good trader if you are that able to make yourself that sustain despite of the unpredictable market condition which had been always the main challenge on where
traders would be facing on. Just dont give up and try to learn up those errors or mistakes for you to become that efficient as the day or years passing by.

[jeraldskie11]

Sticking to the trading plan is also good to avoid unfavourable trade as changing plans in the middle of a trade Can really lead to a loss in trade.

The main reason why someone's trading plan has changed because of emotion especially if he encounter losses. The doubt in your plan will start to come in if you lose in your last trade. Sometimes you didn't noticed that it is because of your emotion. That's why to backtest your trading plan to gain confident in trading, along with risk management. Also read books for trading psychology. Doing these will help you to overcome your challenges in trading.

[harizen]

There are few factors that leads to unfavourable trading, these factors includes Greed, and chasing a trend, Traders are expected to encounter Challenges during trading and relating these challenges with people's experiences can be the key in solving the challenge, 
Sticking to the trading plan is also good to avoid unfavourable trade as changing plans in the middle of a trade Can really lead to a loss in trade.

That is something usual to expect while doing trading. Not all the time that the wind is in our favor.

Well then, what matter here is, while having a tough road to getting a good run on trading, traders are building a good experience that can build a strong fundamental in their respective trading career. Just continue and someday, they should hit the goal.

However on the last statement, it might be true but sometimes we really need to shift gears providing how volatile the market is.

[ultrloa]

There are few factors that leads to unfavourable trading, these factors includes Greed, and chasing a trend, Traders are expected to encounter Challenges during trading and relating these challenges with people's experiences can be the key in solving the challenge, 
Sticking to the trading plan is also good to avoid unfavourable trade as changing plans in the middle of a trade Can really lead to a loss in trade.

Actually its hard for someone to follow their plan especially when they enjoy their trades or they want to get more profits since for sure they will do a risky trades with that. But I think if you are a newbie its good that you experience those scenarios since you can experience the negative sides of the action you do and once you realize that mistake cost you some money then for sure you will never commit those again then you will be more careful on your trades decision and selections.

[GreatArkansas]

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Sticking to the trading plan is also good to avoid unfavourable trade as changing plans in the middle of a trade Can really lead to a loss in trade.

This is a common mistake of new traders. They intend to lose money because they don't have 1 final decision everytime.
Best example is when they open their trade, they don't have a plan like how much is their willing lose on every trade, when is the stop loss, and what is target price.
Some don't have stop loss and they are hoping their entry will recover.

[fauzan Ichsan]

There are few factors that leads to unfavourable trading, these factors includes Greed, and chasing a trend, Traders are expected to encounter Challenges during trading and relating these challenges with people's experiences can be the key in solving the challenge, 
Sticking to the trading plan is also good to avoid unfavourable trade as changing plans in the middle of a trade Can really lead to a loss in trade.

Actually its hard for someone to follow their plan especially when they enjoy their trades or they want to get more profits since for sure they will do a risky trades with that. But I think if you are a newbie its good that you experience those scenarios since you can experience the negative sides of the action you do and once you realize that mistake cost you some money then for sure you will never commit those again then you will be more careful on your trades decision and selections.

It should be noted that the highest science that is most difficult to master is ourselves, our own emotions, remembering that sometimes we understand, for example, we shouldn't be greedy, and in the end we repeatedly make the same mistakes, trivial things but difficult to implement, and of course we itself is the cure for the disease. on the other hand trading is not just for us to trade and make a profit, but we can synergize with the market so that it becomes a law of reciprocity for our profits