Weak or wise?

[Heulahee]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

I think that would be a decision by a wise trader because sometimes the trader doesn't want to be engaged in a situation where he has to suffer from the loss after that. As I have seen many of the traders who have more knowledge of the trade and they mostly do the trade and get their profit and take exit. Which is in my opinion a  good thing and I also appreciate those traders on my hand to be ready for another fruitful trade. Better to take an exit before getting into a loss.

[MFahad]

I think that would be a decision by a wise trader because sometimes the trader doesn't want to be engaged in a situation where he has to suffer from the loss after that. As I have seen many of the traders who have more knowledge of the trade and they mostly do the trade and get their profit and take exit. Which is in my opinion a  good thing and I also appreciate those traders on my hand to be ready for another fruitful trade. Better to take an exit before getting into a loss.

Yes this is a good strategy because if someone continue trading after getting a big reward enters into the market with great percentage of money but then they loss all their money because market is not always same as expert predict. There are also some people who don't take their profit when the market is under favorable condition because they are waiting for more pump therefore they loss huge amount by doing such mistakes.

Exit trade for sometime during some unfavourable condition is necessary because continously trading can proves to be risky and also remember that don't use your profit in trading but continue your trading with the same amount always and if you loss all the limited sum in trading then exit trade for some months.

[borovichok]

I think that would be a decision by a wise trader because sometimes the trader doesn't want to be engaged in a situation where he has to suffer from the loss after that. As I have seen many of the traders who have more knowledge of the trade and they mostly do the trade and get their profit and take exit. Which is in my opinion a  good thing and I also appreciate those traders on my hand to be ready for another fruitful trade. Better to take an exit before getting into a loss.

Gaining boosts our confidence in the market by implementing solid strategies, we just have to do whatever it takes to ensure we're able to milk the market from our end. Trading is consider difficult and challenging, it's mainly for those that understands and knows how to trade without having any basic issues, they make every activities carried out in the system easy and forward. We're traders and we milk from the market and we also make losses in the market. There's always something to hold us back from achieving our main target.

[Mr.right85]

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

In my opinion, a trader that has mastered his emotions to not stir him or her into being too greedy in search for all the profits in the market, works by his or her analysis and is satisfied with a given number on the chats to find an exit, that trader is a wise trader. Have that about you and all you need is a little consistency in your profit making and you would do well as a trader.
You don’t need or have to get a whole lot from a particular trade, not all the profits in the market are worth risking. You could easily run into lose and in most cases, it becomes more difficult to get out when a previously established profit margin starts diminishing. It tolls with your emotions.

[Ojima-ojo]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

Wait to what end is my questions?
As far as I know, there is no end to an open trade, except what you are talking about is one's set take profit price or so.

It is actually good for a trader to always have a sell target when trading, most especially in the spot market, but then, it's not out place or necessarily a sign of weakness of the trader will continue to monitor his or her open trades and try closing a trade and taking already achieved profit on trades that seem not to be performing really as expected, it's better to close such a trade and take an already achieved profit than leaving it there and at the end of the day, the trade will end in a loss.

This is just my thought though.

[macson]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

In fact, i also quite often withdraw my profits when i get a few percent profit from my capital, however, this is very natural in my opinion, not a weakness, because if you don't withdraw the profits you have made then you can be categorized as someone who is greedy, and usually greedy people will only lose money in time.  If you have ever read about risk management, taking profits, stopping for a moment when you are profitable and exiting when the market is busy is one form of risk management, when you become greedy in trading then you will definitely forget all kinds of strategies or rules that can make you get some profit.

[justdimin]

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

In my opinion, a trader that has mastered his emotions to not stir him or her into being too greedy in search for all the profits in the market, works by his or her analysis and is satisfied with a given number on the chats to find an exit, that trader is a wise trader. Have that about you and all you need is a little consistency in your profit making and you would do well as a trader.
You don’t need or have to get a whole lot from a particular trade, not all the profits in the market are worth risking. You could easily run into lose and in most cases, it becomes more difficult to get out when a previously established profit margin starts diminishing. It tolls with your emotions.

That is quite difficult to master though, getting rid of all human emotions for a period when you are in fact a human to begin with, is not that easy. We are not some robots who have no emotions and do just what we must, that's the reason why many trading bots do better than some humans, because bots do not have any emotions and only does what they must and that's it.

However, if we are talking about a situation where we are not seeing the current situation and we are constantly emotional that would be bad too. I think we need to find a middle ground, sometimes we could end up with some emotions and just keep ignoring them for a short period of time and we could make some money from that if we try hard enough.

[cafter]

It happens with every human being who is risking amount which is big or substantial in his/her view. because seeing bankroll moving up and down cause emotions to take hold of our emotions.
I simply close the browser or tab after taking the trade and setting stoploss and take profit by my desired goal.
it helps me to stay disciplined and my emotions cannot able to control me then, When i see the trade live I close that trade in small profits and hold that trade in big losses hoping it will reverse.

[|MINER|]

Losing everything in the hope of extra profit is nothing but folly.  Losing everything in the hope of making more profit is never the act of a wise trader.  This can only be done by a weak trader.  One of the rules of trading is that you can't be too emotional. Too much emotion will drown you.  I think the money should be withdrawn only after a minimum profit comes.  What to do if you lose your capital while hoping for more profit.  Trading should always be done with intelligence and not with emotion.

[TheUltraElite]

In my opinion, a trader that has mastered his emotions to not stir him or her into being too greedy in search for all the profits in the market, works by his or her analysis and is satisfied with a given number on the chats to find an exit, that trader is a wise trader. Have that about you and all you need is a little consistency in your profit making and you would do well as a trader.

Being able to control the emotion to pass over the bad times is what makes the difference. The time when panic selling is occurring it is common to lose cool and step in the same direction as others are doing. But you could be in much greater future profits if you were to buy at the low considering it is bitcoin and that the price is now discounted for.

You don’t need or have to get a whole lot from a particular trade, not all the profits in the market are worth risking. You could easily run into lose and in most cases, it becomes more difficult to get out when a previously established profit margin starts diminishing. It tolls with your emotions.

It is not wrong to feel bad when the red market starts. But knowing that it is a part of a cycle, you can keep yourself from not swaying and be able to get over it.

Being wise here is tough and takes practice. Definitely not for everyone - those who cannot practice these things should avoid trading.

[Mahanton]

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

In my opinion, a trader that has mastered his emotions to not stir him or her into being too greedy in search for all the profits in the market, works by his or her analysis and is satisfied with a given number on the chats to find an exit, that trader is a wise trader. Have that about you and all you need is a little consistency in your profit making and you would do well as a trader.
You don’t need or have to get a whole lot from a particular trade, not all the profits in the market are worth risking. You could easily run into lose and in most cases, it becomes more difficult to get out when a previously established profit margin starts diminishing. It tolls with your emotions.

That is quite difficult to master though, getting rid of all human emotions for a period when you are in fact a human to begin with, is not that easy. We are not some robots who have no emotions and do just what we must, that's the reason why many trading bots do better than some humans, because bots do not have any emotions and only does what they must and that's it.

However, if we are talking about a situation where we are not seeing the current situation and we are constantly emotional that would be bad too. I think we need to find a middle ground, sometimes we could end up with some emotions and just keep ignoring them for a short period of time and we could make some money from that if we try hard enough.

Human beings are really that emotional on which it would really be just that normal that you would really be able to feel out on what are the things that you are currently dealing with specially if its really that related to gambling. We do know that human beings do really hate up on losing money on which it would really be just that normal that we will really be having these kind of reactions  specially on trading. Decisions would really be made will really be depending on someones risks handling on which there are ones who are really that getting that satisfied whenever they do see greens into their trades on which on the time that they do make profit then they would really just simply stop and secure those profits and wont really be that making that position to be pending or would be lasting up long.

We do know that this market is really that highly volatile on which it would really be just that normal that people would really be minding about those reversals on which on the time that you would
see that those price movements is taking away your profits then you would surely learn and able to realize about the importance on securing profits while you can, unless if you are going for
long term then you wont really be caring at all.

[stadus]

Once you trade and gain profits, you did a wise move since trading itself is not easy but hard and complex job. Hence, those weak traders end up quitting from trading because they find it hard to overcome the risk and manage trading uncertainties. But for everyone who made profits even if they decide not to wait for the trades to end, I think that’s also their own strategy and we can’t force them to do that is not on their own will and plan.

Trading requires a smart and wise decision making to make a sustainable trade, otherwise you are just trading wasting your money and time.

[the rise]

Everyone should of course hope to be wise at that time. Unfortunately, sometimes a person's mentality or emotions are difficult to control, that's when we become weak in making decisions. We are in a hurry, fear and greed always haunt us between profit and loss. Therefore, always be reminded to always trade in a controlled emotional state, which will at least make you much wiser in making decisions.

[Volimack]

Everyone should be wise to trade. Besides this type of trading requires adequate time to research and monitor trades. It also requires a good understanding of how the economy affects the trades you are trading. If big economic news hits that day it can affect your position. So learn more about trading and how to go against losses.

[Pandu Geddon]

Everyone should of course hope to be wise at that time. Unfortunately, sometimes a person's mentality or emotions are difficult to control, that's when we become weak in making decisions. We are in a hurry, fear and greed always haunt us between profit and loss. Therefore, always be reminded to always trade in a controlled emotional state, which will at least make you much wiser in making decisions.

In such a situation it is necessary to be calm to make decisions. even though it is not according to plan with the initial target. but when they have made a profit, traders can take steps to exit early. Indeed, there will be regret when it turns out that our main target was achieved by price movements. but it should provide a lesson not to panic too much when seeing a market situation that is moving quite quickly.
but maybe every trader also experiences times like that. I think that is normal for every trader who is in the process.

[pusaka]

Everyone should of course hope to be wise at that time. Unfortunately, sometimes a person's mentality or emotions are difficult to control, that's when we become weak in making decisions. We are in a hurry, fear and greed always haunt us between profit and loss. Therefore, always be reminded to always trade in a controlled emotional state, which will at least make you much wiser in making decisions.

Emotional control is very important when trading, once we trade in a situation where our emotions are unstable then something big might happen. Being wise in trading is something that is very difficult to do, one way that I think looks wise is when we can control our emotions.
I think there is nothing wrong with rushing to take profits when our target has not been reached, as long as we already know what we will receive when we make that decision. And I don't think there is any guarantee that our target will be achieved when we leave it at that time. Indeed, it may seem that we are not committed to what we planned at the beginning, but for me personally it is more about the situation when looking at price movements.

[Assface16678]

Everyone should of course hope to be wise at that time. Unfortunately, sometimes a person's mentality or emotions are difficult to control, that's when we become weak in making decisions. We are in a hurry, fear and greed always haunt us between profit and loss. Therefore, always be reminded to always trade in a controlled emotional state, which will at least make you much wiser in making decisions.

In such a situation it is necessary to be calm to make decisions. even though it is not according to plan with the initial target. but when they have made a profit, traders can take steps to exit early. Indeed, there will be regret when it turns out that our main target was achieved by price movements. but it should provide a lesson not to panic too much when seeing a market situation that is moving quite quickly.
but maybe every trader also experiences times like that. I think that is normal for every trader who is in the process.

Its hard to stay calm or a trader will experience anxiety and nervousness in his trade if he/she will monitor or look at his trade time to time, seeing your trade having a downtrade can affect your decision that's why its important to divert your attention while your trade is open it will only afd to your anxiety if you keep on checking it, if a trader has trust in his analysis and trade then he/she doesn't need to keep on looking on his trade its better to see it to the end, but of course its also common and normal to exit early in your trade its up to the trader if he/she will exit his/her trade and not follow the TP or SL set up, but yeah regret can be a common thing in this situation, many traders do this to cut loss which is not advisablr everytime, its still better to let the trade be at end.

[kojektea]

not sure. everyone is talking about the halving, I think the bitcoin ETF is starting to be forgotten but there is no positive news being published. If it is accepted at the same time as the halving hype this year, Bitcoin could soar and it is even impossible to predict the extent of the trend. I think this will be interesting to wait for. let's wait another 4 days it will be decisive with this bitcoin ETF. everyone is definitely waiting for a good decision.

[Ben Barubal]

In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

  We probably don't want to be called weak traders, right? Because when we are weak traders, it means that we are not learning anything from what we are doing in conducting trading activity. Apart from that, we remain ignorant of trading, so we don't get any profit. That's how it used to be for me.

  As much as possible, we should have a profit from the capital that we use in trading here in the crypto space, and at least in that case, there is development happening in our studies here in this field.

[bitgolden]

Its hard to stay calm or a trader will experience anxiety and nervousness in his trade if he/she will monitor or look at his trade time to time, seeing your trade having a downtrade can affect your decision that's why its important to divert your attention while your trade is open it will only afd to your anxiety if you keep on checking it, if a trader has trust in his analysis and trade then he/she doesn't need to keep on looking on his trade its better to see it to the end, but of course its also common and normal to exit early in your trade its up to the trader if he/she will exit his/her trade and not follow the TP or SL set up, but yeah regret can be a common thing in this situation, many traders do this to cut loss which is not advisablr everytime, its still better to let the trade be at end.

I feel like if you are feeling anxiety after a while of trading, then you should stop trading and take care of that part first. I get that it doesn't have to be that quickly, just focus on what you could do and you would be able to handle it very well.

I personally believe that it is going to take a while, and not everyone will have a chance to do anything serious, just ignore all the trading, all the indicators, all the bigger deals, just ignore them all and focus on what you can do with something more serious like your emotions.

If you focus on that, then you are going to end up with something much more important, it should be important to notify that we are going to end up with something more rock solid with our emotions before we restart trading. Obviously, we all know that not everyone will be able to do that, but if we give it enough time, then we are going to end up with a great return, and should be something that benefits you when you restart.