Careless Trading

[RioBlemz]

Careless Trading

Hello,

If you go into the market without your trading plan it is carelessness. The financial market is made up of Central Banks, Hedgers, Citi banks, Institutional investors, Financial Analyst, Exchangers, Individual investors etc. All of them are in the market for different reasons although profit is involve.

The central bank has impact in the market and influences exchange rate through its monetary policies.

Hedgers plays strategic roles by eliminating or reducing  potential loses due to price fluctuation in currencies, commodity, financial assets etc. Types of Hedgers include; Currency Hedgers, Commodity producers, interest rate hedgers etc.

Exchangers which includes; cryptocurrency exchangers, energy exchangers, foreign exchanges (forex) etc. make available organize platforms where buying and selling occurs.

Institutional Investors manages huge some for their shareholders and clients so they have very good financial team set up.

Financial analyst makes clear forecast based on existing data's for there client and they can work in any sector.

Individual investors are you and I also known as retail investors. We can go into the market through brokerage accounts.

When you go into the market you are actually going against these guys. Like I said they have their interest and are bent to achieve it. You cannot just go into the market without understanding what these persons are doing or what position they are taking. This in-turn we shape your trading and give you informed decision that we make you profit.

It is carelessness to trade without a plan as the financial market is too risky.

I welcome your input on this subject as i may also want to learn.

[Upgrade00]

For obvious reasons you cannot make a topic bold and that is evident since the tags cannot be automatically added to the topic text and you have to do it manually.

It is carelessness to trade without a plan as the financial market is too risky.

No one should take any financial decision without a plan.

[nelson4lov]

Failing to plan means planning to fail. It happens in almost (if not all) industries in the world and not just trading. Whatever money people tend to make off any market (crypto, forex, stock) doesn't come from above or thin air but from other people losing money. So whoever wants to win too needs to craft a solid plan and execute it ruthlessly.

Also, wanted to add that you can't adding any form of styling to topic titles. Just the actual content itself (the body).

[JeromeTash]

It's why proper risk management is very important. Almost every step you take in life involves some level of risk, and this includes trading. When trading, one should even consider how they will protect their getting banned in case things don't go as planned, rather than just focusing on profits.

Obviously, everyone is in the market to make money, those who stay in it the longest are mostly winners.

[Mr.suevie]

Trading is very risky and I can say it's almost like gambling and if anyone dere venture into this act without proper management then the only end result will be the one of enquiring loss in his trading session. Trading like most expert say it's not something you wake up overnight and just master the habit it takes period of study and planning learning how to manage your emotions because that is one of the major reasons people actually reck while trading.

[palle11]

.

When you go into the market you are actually going against these guys. Like I said they have their interest and are bent to achieve it. You cannot just go into the market without understanding what these persons are doing or what position they are taking. This in-turn we shape your trading and give you informed decision that we make you profit.

This is the simple reason you have to try to locate the trend and trade on it and be sure to go out by the time you have exhausted the trade or to go out when you no longer understand what is happening in the market. The big traders, that is the banks and other institutions are manipulators of the market that changes the direction of the market for the hurting of retailers stop loss. Some times the market suddenly change against your clear direction and you are confused, such is the manipulation going on most times.

[348Judah]

I don't know maybe i should advise for this thread to be moved first to trading discussion board or it remains here, because if we are to really talk more on trading then it has to be done on the right board assigned for such discussion, trading itself is what anyone can give a try to start by learning it, there's nothing bad if we can render every sacrifice to earn the required knowledge in trading in other to avoid making mistakes while trading, as for thise already good at it, making a careless mistake also occur at any time if they aren't observant enough.

[sunsilk]

When you go into the market you are actually going against these guys. Like I said they have their interest and are bent to achieve it. You cannot just go into the market without understanding what these persons are doing or what position they are taking. This in-turn we shape your trading and give you informed decision that we make you profit.

That's why you need to play by their books and at the same time, you need to prioritize your concern at most times which is to make a profit regardless of these factors.

It is carelessness to trade without a plan as the financial market is too risky.

Well, for those experienced traders, sometimes they make trades without even planning it. They just look on their day to day charts and market then decides what to buy.

Wait for a few minutes to see the liquidity of what they've bought and just do whatever is necessary. But yeah, having no plans is like throwing and wasting money in trading, be it in the crypto market or any other markets.

Also remove the code on your title.

Code:

[b] [/b]

[sheenshane]

I think this topic should be moved to the Trading Discussion board.

Trading without a plan seems like or without a managed risk might be more prone to make a decision based on emotions or short-term market fluctuations.  It should be stop-loss orders and position sizing must be set to reduce risk and without these rules, you might expose yourself to excessive risk, potentially resulting in substantial losses.  So it's important to have a trading plan otherwise, seems you aren't in trading, you're in gambling.

This in-turn we shape your trading and give you informed decision that we make you profit.

Sorry, but I don't believe in this.  It's a BS offer that sounds like a scammer.

[Mayor of ogba]

Careless Trading

Hello,

If you go into the market without your trading plan it is carelessness. The financial market is made up of Central Banks, Hedgers, Citi banks, Institutional investors, Financial Analyst, Exchangers, Individual investors etc. All of them are in the market for different reasons although profit is involved.

The central bank has an impact on the market and influences the exchange rate through its monetary policies.

Hedgers plays strategic roles by eliminating or reducing potential losses due to price fluctuation in currencies, commodities, financial assets, etc. Types of Hedgers include; Currency Hedgers, Commodity producers, interest rate hedgers, etc.

Exchangers which include; cryptocurrency exchangers, energy exchangers, foreign exchanges (forex), etc. make available organized platforms where buying and selling occur.

Institutional Investors manage huge some for their shareholders and clients so they have a very good financial team set up.

Financial analyst makes a clear forecast based on existing data for their client and they can work in any sector.

Individual investors are you and I also known as retail investors. We can go into the market through brokerage accounts.

When you go into the market you are going against these guys. Like I said they have their interest and are bent to achieve it. You cannot just go into the market without understanding what these persons are doing or what position they are taking. This in turn shapes your trading and gives you the informed decision that makes you profitable.

It is carelessness to trade without a plan as the financial market is too risky.

I welcome your input on this subject as I may also want to learn.

Going into crypto trading without a reasonable plan or not having a good knowledge of trading will lead you to lose all your funds because you will be buying your token on a guess and at a high price. You have to be able to handle your risk management and also learn to take advantage of the crypto market by taking a profit anytime you see one because there are a lot of people in the crypto market looking for where to make a profit. Always have a good plan that will protect your fund when trading the crypto market.

[cryptoaddictchie]

It is carelessness to trade without a plan as the financial market is too risky.

I know some method like this its called degen. They just keep buying shitcoins and memecoins and waiting for a pop up. Some dont work for them but quite effective on others who are also doing a degen but with a mixed up of deep research like whats the project stance or affiliated influencers. Simple as that they gain profits, but also losses due to carelessness and unplan movement.

[Yamane_Keto]

You explained the problem without explaining how to solve it. I understand that the market has many speculators who make profits from your loss, but it is rare to find someone who invests a lot without a plan, and if he does so, greed and greed make his thinking closed and he does not realize that what he is doing is losing his money.

Initially, you should not invest in money whose loss affects you, such as loans, your children’s money, your insurance, or university. Start trading using demo accounts, read and learn, and then start trading with small amounts. Once you get enough experience, you can start trading and investing. Investing is much easier than trading.

[Mpamaegbu]

Also remove the code on your title.

Code:

[b] [/b]

This is often the problem with newbies creating topics, most of them run off after opening them. If they were online, they would've seen that blunder and corrected same immediately. Since opening this thread, OP hasn't come back to read and assimilate what's said here. They disappeared online barely four minutes after making that post. Perhaps they've missed their way here or they merely posted for the sake of it for what it's.

[sunsilk]

Also remove the code on your title.

Code:

[b] [/b]

This is often the problem with newbies creating topics, most of them run off after opening them. If they were online, they would've seen that blunder and corrected same immediately. Since opening this thread, OP hasn't come back to read and assimilate what's said here. They disappeared online barely four minutes after making that post. Perhaps they've missed their way here or they merely posted for the sake of it for what it's.

Well, I can't agree more.

A lot of them creates thread and then never come back or give engagement to the topic that they've made. I just wish that he's enjoying the weekend and will be back on this weekdays.

A day has passed so I'm still hopeful that he'd be back and get to see the replies to this thread he made.

[KingsDen]

Also remove the code on your title.

Code:

[b] [/b]

Some people put much emphasis on the title of their thread such that they will want to make it eye catchy. They do so by sometimes capitalising the whole letters of the words and some will add unnecessary emoji, but this is my first time of seeing someone wanting to bold the topic title. I wish it worked for him and set his thread apart from others.

[lionheart78]

It is carelessness to trade without a plan as the financial market is too risky.

It is more devastating to create a plan without prior knowledge of the market. Planning is good but without any knowledge prior to the subject matter, then planning will definitely be in vain and susceptible to failure.  First, we must have knowledge about the niche or market we want to par-take.  Then if we have the needed knowledge then we can create plans out of it.  We can also use another head for additional knowledge by consulting gurus and experts in the market to see if the plan is feasible.

[Mpamaegbu]

~

OP, responding in a roll on a thread contradicts a part of the rules here. You may want to merge your two last posts or allow another user post in between the two posts before you respond. Secondly, you double inserted "[/quote]" and that made your comments to be included in the posts of others you quoted. You can edit your reply to separate that.

[Husires]

If you go into the market without your trading plan it is carelessness. The financial market is made up of Central Banks, Hedgers, Citi banks, Institutional investors, Financial Analyst, Exchangers, Individual investors etc. All of them are in the market for different reasons although profit is involve.

I don't think this is called carelessness, but stupidity, it's like people who believe that there are projects that give 11000% APY without risk.
Negligence occurs when you follow a specific plan, but you did not study the details of the plan well, or rely on one of the technical analysis indicators such as the Fibonacci level without reviewing the frame or the depth of the market, or you buy near the support level without making sure whether there is enough trading volume to break the level for you, all of this It could be called stupidity, but going into the market without your trading plan is stupidity.

[AbuBhakar]

When you go into the market you are actually going against these guys. Like I said they have their interest and are bent to achieve it. You cannot just go into the market without understanding what these persons are doing or what position they are taking. This in-turn we shape your trading and give you informed decision that we make you profit.

It is carelessness to trade without a plan as the financial market is too risky

I really like your input here but this is commonly applicable on stocks market which this big guys typically trade since the majority of crypto traders are just retail traders.

The idea of competing with these guys on trading is so true which people usually failed to realize that trading is actually a PVP or trader vs trader since we are just exchange our holdings in different price. But this doesn’t matter if you will invest long term since all the players listed above are trading in short term profit meaning they are just scalping profit whenever there’s an opportunity while long term trader is not directly affected on this process.

[Adbitco]

For obvious reasons you cannot make a topic bold and that is evident since the tags cannot be automatically added to the topic text and you have to do it manually.

It is carelessness to trade without a plan as the financial market is too risky.

No one should take any financial decision without a plan.

Planning is very essential in the world of trading, any institution that doesn't go into risk management I doubt they might incur some lost and involved themselves into danger since most of the institutional trader are made up with investors funds.. I mean, they are company that trades for people or individuals and they returns their profits according to their subscription plans, anyone who doesn't involved them with risk management may likely fold without being able to clear those funds lost.