When Trading becomes Unfavourable

[Bravut]

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.

Do you mean that as traders we losing trades is as a result of the coins we are trading?
Or you mean one should focus on one coin rather than trading more than two coins?

I can’t see a situation where Bitcoin or altcoins will affect the outcome of such trades if it was a good and high probability trade, our analysis is subject to how that trader sees or thinks the market will move.

You can still enlighten me more on your point.

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[Fatunad]

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.

We should bare up this thing in mind that there's no such thing about being a perfect trader on which no matter how veteran you are or professional then losing is inevitable since this market is volatile and unpredictable.
The only difference into those people who do make out those dealings is that they do know on what they should gonna do. If we do make out such comparison in between noobs and pros then there would really be having that kind of gap in between on how they do handle themselves out of this unpredictable market. Trading isnt always meaning out about being profitable but rather it is also that having those kind of moments or times
that you would really be that having the loses.

There would really be those moments that you might thought that you had made out some profits or money but in the last minute or second it turns out to be negative, then it does really bring out that
frustration on which you would really be having those thoughts that Trading is shit and this isnt something for you. On the time that you would really be able to get up such
experience then you would really be able to make those kind of insights that this is really just that part of the game.

[Zanab247]

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.

The most important thing in the trading, is to ensure you follow the strategy that is helping traders to be profitable all the time in their trading, if day trading is what is profit you whenever you trade in the market, you can continue using day trading to continue enjoying your profits in the market.

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.

But if you are a professional trader, it will be difficult for you not to experience profits all the time when you trade your coins in the market because, you know when to trade to make that profits you are looking for in the market and you know when not to trade to avoid losses from the market.

[Bloodseekers]

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.

The most important thing in the trading, is to ensure you follow the strategy that is helping traders to be profitable all the time in their trading, if day trading is what is profit you whenever you trade in the market, you can continue using day trading to continue enjoying your profits in the market.

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.

But if you are a professional trader, it will be difficult for you not to experience profits all the time when you trade your coins in the market because, you know when to trade to make that profits you are looking for in the market and you know when not to trade to avoid losses from the market.

When someone has mastered trading well of course they will be able to have a strategy that they use in trading to generate profits and if you have been able to make a profit from daily trading of course you have been able to understand well how to analyze the market correctly so that you can gain profit from the trades you make and of course you have good experience from every trade you make so you can get daily profits from trading.

[Baki202]

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.

I wonder what even the definition of greed is. I know some emotions can drive you to make some kind of decision but the truth is that people want to make money, and if those people have enough, they won't pass their boundaries. I'm very sure of that. and when you hit your profit and you see that there is still a window, you can give it a try to see if you can make more profit because, as it is, nobody will feed you, am sure most of those actions will not cost you that much since there are measures It won't be a bad idea to try something to see if you can make more profit.

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.

Because I am still thinking that if you do not take certain risks, you will make money from crypto, and I am trying to use the same strategy that I use in gambling and trading. and having a plan is good but most of the time, planning does not work. Just make sure that your analysis is correct, and if you have the right analysis, you can make a profit if your analysis is correct because everything is about risk, and if you know how to take risks, you make money.

[TheUltraElite]

When someone has mastered trading well of course they will be able to have a strategy that they use in trading to generate profits and if you have been able to make a profit from daily trading of course you have been able to understand well how to analyze the market correctly so that you can gain profit from the trades you make and of course you have good experience from every trade you make so you can get daily profits from trading.

I dont agree when someone says that they have a strategy to generate profits everyday or so, because that is a foolish thing to believe in. Trading being a speculative thing, depends on so many factors that are beyond our control, so your method might give profits in a short term scale but not everyday or even every week or month.

Trading will become unfavorable at times you just have to go through with it and often taking a break helps. You will see this more when day-trading instead of long term trading where things stabilize out a lot.

[Sorryfor]

Yes trading is a risky activity in most cases. In trading a man needs to control his emotions as well as be tactful and have proper knowledge about trading And for trading you must control your excessive greed and also you must avoid the mistakes you made in the past in trading otherwise you will not experience much profit from trading. On the contrary, you will suffer.  And those who are newbies should not turn to trading first and give more priority to investment. Besides, you will be able to profit by trading in small funds and avoid your mistakes by avoiding losses. So it is better to completely avoid big mistakes in trading.

[stomachgrowls]

Yes trading is a risky activity in most cases. In trading a man needs to control his emotions as well as be tactful and have proper knowledge about trading And for trading you must control your excessive greed and also you must avoid the mistakes you made in the past in trading otherwise you will not experience much profit from trading. On the contrary, you will suffer.  And those who are newbies should not turn to trading first and give more priority to investment. Besides, you will be able to profit by trading in small funds and avoid your mistakes by avoiding losses. So it is better to completely avoid big mistakes in trading.

There are lots of factors on which it would really be affecting your trade results on which we know that this is something unavoidable but at least on the time that we are already making up such
gaining experience and learning then we would really be able to lessen up the risk on which this is something which is really that could happen depending on the hard work you are really that making on.
Trading isnt always that becoming ended up on profitable on which loses would be there, the important thing on here is that you do really know on how to make adjustments on the time that you would
really be able to make yourself that experiencing these situations. Trading could neither be profitable and losing one and if you are someone whose really that impulsive on things then
you would really be having a hard time on sustaining this unpredictable space on which this something that you should be looking into.