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Author Topic: When Trading becomes Unfavourable  (Read 1646 times)
Hamphser
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February 03, 2024, 12:43:17 PM
 #201

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.
Greed is indeed the most common problem that most people would really be able to encounter on which this isnt really just that limited to trading but also with gambling or anything that would really be talking about earning money on which this is something normal that people would really be that aiming for more. Anything that do talks about earning profits then you would normally be having those kind of aims that you would really be needing to do more for you to earn more without even trying to mind off about on the risks involved. Trading isnt always that profitable on which there are really indeed days that you would really be needing to face up those loses on which it is really just that normal that you would be needing to adjust.

You should really that make yourself that able to adapt and able to accept out on whatever situation you are involving with.

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February 03, 2024, 05:18:15 PM
 #202

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.
If we trade greedily, it will be very unlikely that we will be able to make the right decision in the trade we are making and this will also be very detrimental to ourselves, we will incur a lot of losses if we do it greedily.
Yes, it would be very good for us to have a plan before starting to trade and when we have reached the target we have set we will be able to take advantage of the trade so that we don't analyze again and continue to hope for the profits we will get in trading so that we have missed the benefits we have gained.

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February 03, 2024, 06:09:58 PM
 #203

Greed is curse so one who is greedy in trading will never get profit but will loss money on daily basis due to evolved emotions in his trading. Actually these factors are possess by those individuals who are new to market and has no knowledge but an expert does not follow trend always but they do deep research for trading.

Actually one can say that a person can control his emotions then he can win in trading but he cannot say that a person should stop emotions because emotionless person never think about money or other things as nothing matters for him.

Read about trading, search through watching videos and reading articles, make a plan, set a cash amount for trading, put a limit, don't think with greediness and accept what you have, so if someone learn these things he can easily get huge profit from trading. Trading is risky and hard but an expert can also get huge sum to build a building just because of this trading.

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February 03, 2024, 09:19:36 PM
 #204

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.
If we trade greedily, it will be very unlikely that we will be able to make the right decision in the trade we are making and this will also be very detrimental to ourselves, we will incur a lot of losses if we do it greedily.
Yes, it would be very good for us to have a plan before starting to trade and when we have reached the target we have set we will be able to take advantage of the trade so that we don't analyze again and continue to hope for the profits we will get in trading so that we have missed the benefits we have gained.
There are many times trading had become unfavorable for me and I had no option than to take the outcome like that. We need to be wise and make decisions that would always help us to be a better traders.
There are time when trading becomes unfavorable, I always try to learn more and look for reasons why my trade could not hit the target.
I am mire interested in learning and nit just making money for myself. It is good to be a skilled trader.









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February 04, 2024, 02:49:57 AM
 #205

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 challenges that we will face in crypto trading are the ones that will help us learn the truth. The question is, are we ready to face these challenges? There are others who, because they don't expect the challenges, easily give up immediately.

If we can't get or learn how to make money trading here in crypto, we should just continue what we started here. If the method we used was not effective, the simple thing to do is to change it and learn what we think is right, which can help us earn in this trading.



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February 04, 2024, 03:03:18 AM
 #206

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.

My opinion here is that it is better to refrain from trading when trading is not in your favor because by refraining from training you will survive your loss and later these will turn into your profits. After that, you need to understand the market where the market train is basically positioned. if you understand the marketing trend will be positioned toward it. In this case, you should refrain from trading because if you open any kind of trading during this period it will turn into a loss instead of a profit.

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February 04, 2024, 04:13:20 AM
 #207

Just do the trade that what works for you. If following the trend works for you and it is profitable then go with it.

If doing day trading works for you then be better with your decisions and be profitable.

Not at all times you will be a profitable trader. So do what makes you good and you know how to come up with it as you trade.



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[15.00000000 BTC]


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Rainbot
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February 07, 2024, 08:58:13 AM
 #208

Just do the trade that what works for you. If following the trend works for you and it is profitable then go with it.

If doing day trading works for you then be better with your decisions and be profitable.

Not at all times you will be a profitable trader. So do what makes you good and you know how to come up with it as you trade.
Yes, it would be better for us to choose the type of trading according to the knowledge we have in order to make a profit, because if we follow the current trend it is possible that we will not be able to properly analyze the current market conditions so that we make mistakes in analyzing the market and also make wrong decisions in trading, it's true that a trader can't always make a profit, of course they make mistakes that result in losses from the trades they make, so it's important for us to be careful in deciding something when trading to be able to minimize losses in trading.
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February 07, 2024, 10:26:57 AM
 #209

Just do the trade that what works for you. If following the trend works for you and it is profitable then go with it.

If doing day trading works for you then be better with your decisions and be profitable.

Not at all times you will be a profitable trader. So do what makes you good and you know how to come up with it as you trade.

The main question here is even we have to stop the trade or continue trading without caring of previous loss. You opinion is good to adopt other trading strategy but problem here is that when someone loss he also loss emotion control and the idea/strategy he made before the trade changed and now trader doing all trade just for revenge (to recover loss) which mostly cause a big loss. Actually I experienced this situation myself and lost and then only regretted upon the mistake i did. I will recommend to stop trading and wait for cool down and then start trading again after 24 hours with new strategy.

Fatunad
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February 07, 2024, 08:26:45 PM
 #210

Just do the trade that what works for you. If following the trend works for you and it is profitable then go with it.

If doing day trading works for you then be better with your decisions and be profitable.

Not at all times you will be a profitable trader. So do what makes you good and you know how to come up with it as you trade.

The main question here is even we have to stop the trade or continue trading without caring of previous loss. You opinion is good to adopt other trading strategy but problem here is that when someone loss he also loss emotion control and the idea/strategy he made before the trade changed and now trader doing all trade just for revenge (to recover loss) which mostly cause a big loss. Actually I experienced this situation myself and lost and then only regretted upon the mistake i did. I will recommend to stop trading and wait for cool down and then start trading again after 24 hours with new strategy.
When it comes to this then this is where Plan B's or C's and so on will really be that significant and this is something a trader that must have for them to be able to achieve out such thing on which we know that
that trading is never been that a predictable thing on which it is really just that right that we would really be needing to get prepared and having those back up plans whenever we do able to hit and experience
those sudden u-turn of events on which we know that this is something that could really happen into this market because its never been that predictable in the first place.

Trades that you could have might really be that ending up on having those kind of outcome or results on which you dont be able to expect. There would really be those moments
on which you would really be experiencing those unfavorable situations on which it might really be leading up to loses but doesnt mean that this is over.
You could really always have that kind of recovery if you do like.

R


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February 08, 2024, 04:36:58 PM
 #211

Just do the trade that what works for you. If following the trend works for you and it is profitable then go with it.

If doing day trading works for you then be better with your decisions and be profitable.

Not at all times you will be a profitable trader. So do what makes you good and you know how to come up with it as you trade.

The main question here is even we have to stop the trade or continue trading without caring of previous loss. You opinion is good to adopt other trading strategy but problem here is that when someone loss he also loss emotion control and the idea/strategy he made before the trade changed and now trader doing all trade just for revenge (to recover loss) which mostly cause a big loss. Actually I experienced this situation myself and lost and then only regretted upon the mistake i did. I will recommend to stop trading and wait for cool down and then start trading again after 24 hours with new strategy.
When trading becomes unfavourable, the best thing to do is to take a break which will let the traders see the area where the mistake comes in which could be choosing the wrong product.
You're right when you said something about emotion control and the best way to control is still taking a break and re-strategize.
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February 08, 2024, 06:06:58 PM
 #212

Just do the trade that what works for you. If following the trend works for you and it is profitable then go with it.

If doing day trading works for you then be better with your decisions and be profitable.

Not at all times you will be a profitable trader. So do what makes you good and you know how to come up with it as you trade.

The main question here is even we have to stop the trade or continue trading without caring of previous loss. You opinion is good to adopt other trading strategy but problem here is that when someone loss he also loss emotion control and the idea/strategy he made before the trade changed and now trader doing all trade just for revenge (to recover loss) which mostly cause a big loss. Actually I experienced this situation myself and lost and then only regretted upon the mistake i did. I will recommend to stop trading and wait for cool down and then start trading again after 24 hours with new strategy.
When it comes to this then this is where Plan B's or C's and so on will really be that significant and this is something a trader that must have for them to be able to achieve out such thing on which we know that
that trading is never been that a predictable thing on which it is really just that right that we would really be needing to get prepared and having those back up plans whenever we do able to hit and experience
those sudden u-turn of events on which we know that this is something that could really happen into this market because its never been that predictable in the first place.

Trades that you could have might really be that ending up on having those kind of outcome or results on which you dont be able to expect. There would really be those moments
on which you would really be experiencing those unfavorable situations on which it might really be leading up to loses but doesnt mean that this is over.
You could really always have that kind of recovery if you do like.
I do agree on what you have said that we should really be having those back up plans because not always our initial analysis or plan would work out and due to tons of possible market conditions that could happen
then there's no way that you could be able to make some spot on strategies on which you do able to make money.It would be inevitable for you to be able to encounter those different things that
you didnt even expect for it to happen on you. Just like on what you had said that you would be needing to make those adjustments so you could really be able to act accordingly into the situation.
Expect the unexpected on which this is something that you should really be putting up into your mind so it is really just that right that you would come to be prepared on such condition.

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February 22, 2024, 04:10:12 PM
 #213

When trading becomes unfavourable, the best thing to do is to take a break which will let the traders see the area where the mistake comes in which could be choosing the wrong product.
Taking a break is never a bad option. You often need to have a different picture in front of your eyes instead of the trading terminals to be able to think outside the box and give everything a fresh look. It does not always work but it can if you want it to and be able to place that next intelligent order.

Mistakes are more common when you are burnt out from trading and not in an emotional state to make these decisions any more. In this regard long term trading is much safer - indeed day trading is not for everyone and is stressful.

R


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February 23, 2024, 06:01:39 PM
 #214

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.
If we trade greedily, it will be very unlikely that we will be able to make the right decision in the trade we are making and this will also be very detrimental to ourselves, we will incur a lot of losses if we do it greedily.
Yes, it would be very good for us to have a plan before starting to trade and when we have reached the target we have set we will be able to take advantage of the trade so that we don't analyze again and continue to hope for the profits we will get in trading so that we have missed the benefits we have gained.
When trading becomes too unfavorable, we should leave trading and relax maybe go and chill and have a good time with ourselves.
To make money should not be forced, so we have to plan ourselves and keep working on new strategies or adjusting to make sure that we can make money from the market. When trading looks like it is becoming hard for us, we need to make sure that we keep working on learning more about how to trade without becoming a loser.









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February 24, 2024, 05:09:28 PM
 #215

You win some You lose some. Outcomes or results would really be entirely be depending on how well you do make yourself making those trades. Not all would really be that profitable
and not all would be successful but doesn't mean that you would really be just trying out to avoid and completely stop due to some few loses. Thing here is that
you do really end up on making yourself profitable despite of those loses. Always keep in mind that trading does have those loses inevitably and never ever
think that trying out to have zero loss because it cant be possible.
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February 28, 2024, 10:20:07 AM
 #216

It is always good and advisable to stick to your trading plans or  lose during your trading, because you may see some good move that will come up during your trading, and you may decide to take those moves, and those moves is not analyze or calculated by you if you eventually take those move on your trading, you may succeed in making more profit during your trading, and you may also lose.
The chances of you making profit or succeeding during your trade if you make a different move and not sticking to your trading plan is high, and may result to lose of trade, you have higher chance of losing if not stick to the plan because the plan is what has been analyze, and calculated based on previous trades and other traders so it is always advice to stick to your trading plans.



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Rainbot
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February 29, 2024, 04:43:52 AM
 #217

There are many times trading had become unfavorable for me and I had no option than to take the outcome like that. We need to be wise and make decisions that would always help us to be a better traders.
There are time when trading becomes unfavorable, I always try to learn more and look for reasons why my trade could not hit the target.
I am mire interested in learning and nit just making money for myself. It is good to be a skilled trader.
We must be able to accept the decisions we have made and if the decisions we make in trading fail then we must be able to find out the part of the mistake we made and must find a solution to the mistake so as not to repeat the trading we did, if we continue to study trading, of course we will be able to trade well and will also have profits commensurate with what we have learned and after having skills in trading, of course we will be able to achieve success in trading and also we will be able to teach other people how to find profit from trade.

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February 29, 2024, 05:31:13 AM
 #218

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.
It is not possible to do business without patience. There are many ups and downs in the market. If you can't keep your emotions connected there will be adversity and loss. If you can't control your emotions you won't take a good trade because of fear or you will leave it with less profit. Or sometimes after taking a trade if the price goes against the expectation the loss amount will increase.

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Tigerheart3026
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February 29, 2024, 06:16:50 AM
 #219

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.
It is not possible to do business without patience. There are many ups and downs in the market. If you can't keep your emotions connected there will be adversity and loss. If you can't control your emotions you won't take a good trade because of fear or you will leave it with less profit. Or sometimes after taking a trade if the price goes against the expectation the loss amount will increase.
right if crypto market is high volatile so we have to keep in mind before start trade, without patient must be face losses in trading, if someone can not control emotion then he/she will made panic sell, panic seller can not make profits from trade because they won't accept any downs.
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March 01, 2024, 09:23:56 AM
 #220

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.


It is said that there is no perfect trading, so we can always get earnings here. And this is true because not all traders are the same in the analysis they do and the opinion they read on the chart.
We must learn to have a basic system so that we can get the right technical analysis for the trading activity that we do on any exchange that we do trading on, right?

And we should also be prepared for unexpected things because that's where we can grow and learn more about trading skills.



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