When Trading becomes Unfavourable

[MFahad]

Most times other people's analysis might favour a particular trade even more than your own analysis, the same way your own analysis might as well favour you more than others people's analysis, which ever analysis you are using just bear in mind that the risk is all on you, you take responsibility if you make a profit or loss, so most times we are advised to use our own analysis in order to take full responsibility if we happen to be at loss,  and what ever analysis you taking you just try to be consistent with it in order to achieve maximum results.

If two people make different analyses, then the analysis of one of them will definitely be correct. Sometimes I see people telling about the market that from here there are chances of the market going up, and it can also go down, so of course everyone can do this analysis. It is also not necessary that our analysis is correct every time, or that the analysis on which we trade turns out to be correct every time.

All experienced traders make their own analysis, but the market always takes its own direction. The market can also go against our analysis so we must be prepared for every situation. Always give priority to your own analysis. Other people are certainly good at analyzing the market, but until we become experts in it ourselves, we always have to rely on others. So always be self-reliant, our mistakes make us experienced.

[G_Besar]

Most times other people's analysis might favour a particular trade even more than your own analysis, the same way your own analysis might as well favour you more than others people's analysis, which ever analysis you are using just bear in mind that the risk is all on you, you take responsibility if you make a profit or loss, so most times we are advised to use our own analysis in order to take full responsibility if we happen to be at loss,  and what ever analysis you taking you just try to be consistent with it in order to achieve maximum results.

Because remembering the responsibility and consistency that must exist in trading is what causes everyone to be better off making their own analysis rather than taking other people's analysis. Although it is also not wrong if someone wants to use other people's analysis as long as he is able to bear his own risk without having to blame other people if he experiences a loss while trading. Because often when someone has experienced a loss, they often blame other people for it, even though everyone can create their own analysis of anything.

[cafter]

snip

Also analyzing and taking trade on our responsibility will teach us a lesson on every trade, and we will learn practically which we cannot learn by following tips or just copying others analysis.
if the trade goes against us we would take the responsibility and keep that in mind from next time that what was the mistake in this trade.
if we copy others we do not learn anything,  no one is talented enough to predict the market where is headed so they are also speculating and your are too.

[batang_bitcoin]

Pay attention to what matters and that is what you are learning with your losses. There are traders that are just taking their losses for granted and think that there's not that much to get from them. Yes, they're your losses but it's not just all about losing what lesson can you extract from that to make it worth it every experience of defeat with your trades. It's hard to take that in but it's essential for a trader to grow with those lessons so his future trades will be worth (not talking about future trading).

Any work we start without understanding the fully basic will first gives loss but if we don't give up and learn from our past mistakes then we could become a very experienced man of the field. Trading is not a complicated task to learn but one thing here is more which is uncertainty of profit or loss. we could just analyse the future market and nothing more than that while market can turn in any ways. Mostbof times analysis work but sometimes we could loss despite of following fully technical analysis. We have to choose a best strategy which minimize our risk and couldn't be panic from intitial loss.

It seems to be not a complicated thing to do but when you're in the actuality, a lot of things changes from your perspective that it's not actually for everyone to do.
When you're too optimistic and new to it, that won't be a perfect combination as a start because we've learned a lot from it already and it's not as easy as many as they think.
We're good to analyze and what not but even so, there will be moments that you're not just so good enough and it happens.

[Fatunad]

Pay attention to what matters and that is what you are learning with your losses. There are traders that are just taking their losses for granted and think that there's not that much to get from them. Yes, they're your losses but it's not just all about losing what lesson can you extract from that to make it worth it every experience of defeat with your trades. It's hard to take that in but it's essential for a trader to grow with those lessons so his future trades will be worth (not talking about future trading).

Any work we start without understanding the fully basic will first gives loss but if we don't give up and learn from our past mistakes then we could become a very experienced man of the field. Trading is not a complicated task to learn but one thing here is more which is uncertainty of profit or loss. we could just analyse the future market and nothing more than that while market can turn in any ways. Mostbof times analysis work but sometimes we could loss despite of following fully technical analysis. We have to choose a best strategy which minimize our risk and couldn't be panic from intitial loss.

It seems to be not a complicated thing to do but when you're in the actuality, a lot of things changes from your perspective that it's not actually for everyone to do.
When you're too optimistic and new to it, that won't be a perfect combination as a start because we've learned a lot from it already and it's not as easy as many as they think.
We're good to analyze and what not but even so, there will be moments that you're not just so good enough and it happens.

Sooner or later you would really be able to experience for yourself on what the reality do looks like because people do really love on assuming on something even they havent really been able to encounter or experience it before or simply having those kind of expectations that it would really be just that simple but on the time that they would really be able to experience for themselves and do really sees out that it is really that totally different  or something that it is really that opposite on what they are expecting then being impulsive will really comes up next. This is something a very normal scenario that do really happens. Trading isnt only talking about being profitable on which as a trader then you should really at least make yourself aware on what you are dealing with and not really just that making those assumptions which are really that way too optimistic.

This is why it would be always better that you should really be that realistic so that you would really be that making yourself that not getting that huge disappoinment whenever you do
experience the opposite things that you are really that anticipating. It is really just that depending into someone on how they would really be dealing with it.
Unfavorable trades are normal considering this market is really that unpredictable from time to time.

[batang_bitcoin]

Sooner or later you would really be able to experience for yourself on what the reality do looks like because people do really love on assuming on something even they havent really been able to encounter or experience it before or simply having those kind of expectations that it would really be just that simple but on the time that they would really be able to experience for themselves and do really sees out that it is really that totally different  or something that it is really that opposite on what they are expecting then being impulsive will really comes up next. This is something a very normal scenario that do really happens. Trading isnt only talking about being profitable on which as a trader then you should really at least make yourself aware on what you are dealing with and not really just that making those assumptions which are really that way too optimistic.

This is why it would be always better that you should really be that realistic so that you would really be that making yourself that not getting that huge disappoinment whenever you do
experience the opposite things that you are really that anticipating. It is really just that depending into someone on how they would really be dealing with it.
Unfavorable trades are normal considering this market is really that unpredictable from time to time.

Just don't expect too much whether you're an expert, profitable trader or not. That is the basics on this life when you're in a highly volatile market and you don't know what's going to happen next. That's the mistake of many people when they've won a few trades, they think that it's going to help them a lot and will become profitable trader on an instant but it doesn't go like that. There's so much to learn being a beginner and even the experts and good ones keeps on learning with their losses.

[Fatunad]

Sooner or later you would really be able to experience for yourself on what the reality do looks like because people do really love on assuming on something even they havent really been able to encounter or experience it before or simply having those kind of expectations that it would really be just that simple but on the time that they would really be able to experience for themselves and do really sees out that it is really that totally different  or something that it is really that opposite on what they are expecting then being impulsive will really comes up next. This is something a very normal scenario that do really happens. Trading isnt only talking about being profitable on which as a trader then you should really at least make yourself aware on what you are dealing with and not really just that making those assumptions which are really that way too optimistic.

This is why it would be always better that you should really be that realistic so that you would really be that making yourself that not getting that huge disappoinment whenever you do
experience the opposite things that you are really that anticipating. It is really just that depending into someone on how they would really be dealing with it.
Unfavorable trades are normal considering this market is really that unpredictable from time to time.

Just don't expect too much whether you're an expert, profitable trader or not. That is the basics on this life when you're in a highly volatile market and you don't know what's going to happen next. That's the mistake of many people when they've won a few trades, they think that it's going to help them a lot and will become profitable trader on an instant but it doesn't go like that. There's so much to learn being a beginner and even the experts and good ones keeps on learning with their losses.

Expect the unexpected on which this had been always the thing you would really be needing for you to be able to sustain this unpredictable market on which if you would really be that making yourself that versatile
then it would really be just that fine whatever the things that would happen along the way since you could really be able to adjust accordingly, compared into those people who do have some that fixed expectations
and on the time that the reality would be slapping into your face then you would really get shocked and you would really be that thinking up the different way and ended up on comitting even more mistakes
just because of that extreme disappointment because the thing you've been expecting didnt really happen.

Make yourself wary on the reality and how this market behaves because if not then you would really be that making yourself that too impulsive on the actions that you might be
making and this is something that wont really be  that ideal i should say. There would really be those who would really be making those reactions which arent
that something that good to be done in the first place.

[batang_bitcoin]

-snip-

I agree that being aware of the reality of this market will help you a lot and even if there are times that trading is unfavorable to you, the time will come if you are persistent and you see yourself staying here for long. And by having that, it will also allow you to survive and determine yourself whether you are for here or you're for something else.

[KupaCrypto]

If two people make different analyses, then the analysis of one of them will definitely be correct. Sometimes I see people telling about the market that from here there are chances of the market going up, and it can also go down, so of course everyone can do this analysis. It is also not necessary that our analysis is correct every time, or that the analysis on which we trade turns out to be correct every time.

All experienced traders make their own analysis, but the market always takes its own direction. The market can also go against our analysis so we must be prepared for every situation. Always give priority to your own analysis. Other people are certainly good at analyzing the market, but until we become experts in it ourselves, we always have to rely on others. So always be self-reliant, our mistakes make us experienced.

Yes exactly, No matter the analysis you use, weather yours or not, the market will still take its direction not respecting the analysis of anybody, I think certain measures and features have been put in place when trading you won't loose everything, which is to the advantage of we the traders,
The market can be analysed but can't be predicted, so when taking risk we should be mindful of the kind of risk we take,let's learn to take risk according to our financial power or strength.

[elwinsmith]

Successful trading demands adapting to challenges, emotional control, sticking to plans, and selecting reliable assets like Bitcoin. Learn from losses and adjust strategies for continuous improvement.

[Vinaa77]

Just don't expect too much whether you're an expert, profitable trader or not. That is the basics on this life when you're in a highly volatile market and you don't know what's going to happen next. That's the mistake of many people when they've won a few trades, they think that it's going to help them a lot and will become profitable trader on an instant but it doesn't go like that. There's so much to learn being a beginner and even the experts and good ones keeps on learning with their losses.

Yes, of course we cannot hope too much about the achievements we have achieved and that we will be able to get the same profits again in the future and we will not be able to know for sure the price movements are exactly as we predicted and those who have been able to gain profits from several trades but they may not necessarily be able to repeat themselves in the same way to be able to gain profits from these trades, so it is very important for us to keep updating our knowledge about the trades we make so as not to lose the capital we have in these trades.

[Fara Chan]

Successful trading demands adapting to challenges, emotional control, sticking to plans, and selecting reliable assets like Bitcoin. Learn from losses and adjust strategies for continuous improvement.

All of this takes time to do gradually because doing things like controlling emotions, sticking to plans, and choosing reliable assets cannot be done simultaneously at one time. Especially if all of this is aimed at beginners who are just learning to trade in the crypto market, so they will obviously need time to make every adjustment to themselves and apply it to their trading gradually. Apart from that, everyone also needs to look at market conditions every month because currently crypto market conditions still tend to change due to several influences that come suddenly.

[MIner1448]

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 keys to successful trading are: plan, discipline, risk management, emotional control. Training and experience will help you deal with challenges such as greed and trend chasing. Not changing your trading plan mid-trade is important to prevent losses. Yes, it is precisely not to change the top plan, because emotions constantly come into force, and they do not lead to anything good.

[Dr.Osh]

Well, that's why people say that trading is difficult. even though we have prepared plans such as limits to sell when we make a profit or loss, but sometimes we get greedy, or maybe think that our profits could be higher, or our losses could be less, so sometimes people change their plans and holding the coins they own is beyond their plans.
This also often happens to me, where I sometimes forget what I should do, and instead make new plans in the middle of trading. well, sometimes it works, but sometimes it creates huge losses. However, it would be best if we took profits that weren't too big, and followed the plan we had from the start.

[R100K-Martin-Lunger]

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.

Absolutely, factors like greed and trend-chasing can lead to unfavorable trading outcomes. It's crucial to follow a well-defined trading plan and avoid impulsive decisions, as deviating mid-trade can often leads to losses. I agree that facing and learning from trading challenges is key. To lower risks, it's important to only trade with money you can afford to lose. Diversifying and regularly rebalancing your portfolio can also help manage risk and optimize returns. This balanced approach is essential for navigating the complexities of trading. Remember, disciplined and informed trading strategies are fundamental to success in the volatile world of investing.
If you would like to discuss this further, you can contact me via my Discord: https://discord.gg/dCvaBZWNcG

[wendty]

Those who have excessive greed for money face loss.  Many investors like to take more risk because they think the more risk the more profit. Which is very challenging for them.  It is never okay to make excessive profits, trading should be sold only when there is a reliable return on capital.  There are many inexperienced traders who do not have enough knowledge about the market, basically they face more losses.  Many people do not want to sell even if there is a fixed profit in the hope of extra profit.  But when they see the price going down, volatility sets in and they sell less than the capital.  For trading there are certain strategies and there are certain signals that must be followed otherwise one can never get good profit from trading.

[Rehan Zakir]

When you takes wrong decisions.. It means when your trade goes opposites to your prediction. You have to keep patience don't react too much on it. Try to book some loss and take patience and wait for the best time to take an entry.
Trading is a name of patience.

[bettercrypto]

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 just want to add that through the experience of other gamblers who made a mistake in the strategy they made, we can learn from their mistake so that we don't have to go through the same mistake they made.

And if the strategy we are using is making a profit, there is no reason to stop it unless there is no improvement in the strategies we are using, right? So it's still good that we shouldn't stop learning here in the crypto space.

[snowpega]

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.

This is too common to many people they fall prey to Greed. Greed is the worst enemy of humans but those who set their goals when to book profit can easily overcome greed. In my own opinion when you open any trade set your hit points and when the price hits your planned goals book some profit and book some more when the price hits another goal in this way you can overcome greed. It is a challenge for the traders to have the best control over their own greed.

[TheUltraElite]

When you takes wrong decisions..

A wrong decision is also a learning point. Nobody seems to give it that importance.

It means when your trade goes opposites to your prediction.

If your trade goes opposite of the prediction then you still have the exchanged asset at hand and you still have a chance to break even when that asset comes back up. So if you are staying in limitation to the top level altcoins and bitcoin you should be good for a few months.

You have to keep patience don't react too much on it. Try to book some loss and take patience and wait for the best time to take an entry.

Indeed patience is important, mindset too, because keeping the nerves in such situations is tough. Hence always trade assuming the money put in will get lost in due course.