The best decision you can take

[Barikui1]

As long as trading is concern, it's very essential you have a guideline rules you follow while trading, and one of those rules is not trading when not sure of the market.
As simple as it may sound, it's very difficult to abide by it.

A good and Skill trader must know that in other to stay long and profitable in the market,
it very important we know when to stay off the market,
there are always opportunities in the market,
so why risk your capital
 when you are not sure
of your analysis or the market is in an awkward situation like consolidation from the 4hrs timeframe? When there is no clear direction and confirmation of the next move the market is trying to take.
The best we can do is to stay off, the most important thing is for us to be profitable, even if we have to trade once in  a week , it's better than losing, it's better that our account is intact than blowing it.

Staying off is the best we can do, when not sure.

[1714902100]

1714902100

[EarnOnVictor]

This post is a very lovely one if one looks into it insightfully, but you would have attracted more responses if you created it better than this. Still, I got the gist so well, and as an experienced trader, I know that as simple as this warning/advice is, it's the reason why most traders are losing. Only that these traders will never locate the issue in their trading and will continue to find other means to change the narrative, even as the fault still stands. Let me tell you, as difficult as making a 100% successful trade could sound, it's possible for me to achieve that once in a while, and I have noticed this since a few years ago judging by my current standing in the market trading.

But for the fact that I love to take more unreasonable risks and always try to enter every possible trade, which puts my result to the limits of about 85-90% winning nowadays. You can now see why I appreciate this post so much even as it looks scattered. Traders who refine their trading signals and find no fault whatsoever in it before opening a position will always get to be more accurate than the traders who do otherwise.

However, I would like it if you could still reconstruct this post better so that it will be more attractive to your readers than the way you did it. Also, expect a merit from me if done.

[OcTradism]

As long as trading is concern, it's very essential you have a guideline rules you follow while trading, and one of those rules is not trading when not sure of the market.

Trading is risky and it contains a lot of uncertainty.

The market is unpredictable and you can never be sure about it.

If you feel sure about the market, you can lose money because black swan events like Covid-19, wars can occur anytime when you are sleeping. When you wake up, your position can be done, done with a liquidation.

I know many traders say I am sure about the market, I analyzed many things and I don't feel need to use stop loss order for my position. You know, such confident traders will have loss in this volatile market. Because you will not be able to be correct 100 times, 100%.

Use stop loss order.
Use stop limit order.

One of best weapon in trading
Stop limit order

[Oshosondy]

A good and Skill trader must know that in other to stay long and profitable in the market,
it very important we know when to stay off the market

This is right. Traders should not be greedy. As traders is winning during the day, he may be greedy and wants to win more. But at the end, he may find himself losing overall before the day is over. Also if a trader is losing, they should have a limit to their loss, once the limit is exceeded, they should stop trading. Losing is when traders are vulnerable to lose more.

Sometimes, a trader can be sure of the market, enter the market and the market will go in the opposite direction against the position opened by the trader. It is good for traders to know that they should not trade with the money that they can not afford to lose.

[GbitG]

As long as trading is concern, it's very essential you have a guideline rules you follow while trading, and one of those rules is not trading when not sure of the market.
As simple as it may sound, it's very difficult to abide by it.
 
A good and Skill trader must know that in other to stay long and profitable in the market, 
it very important we know when to stay off the market, 
there are always opportunities in the market, 
so why risk your capital
when you are not sure 
of your analysis or the market is in an awkward situation like consolidation from the 4hrs timeframe? When there is no clear direction and confirmation of the next move the market is trying to take.
The best we can do is to stay off, the most important thing is for us to be profitable, even if we have to trade once in  a week , it's better than losing, it's better that our account is intact than blowing it.
 
Staying off is the best we can do, when not sure.

 
A good trader should have so much experience in his trading that he can easily determine when to enter the market and when to backup himself. He should have that much experience; otherwise, we can't tell him he's a good trader. Almost those traders who give time to analytics and their way of getting analysis is good have more chances of getting more benefits.

Also, we have to look at the trader's portfolio; if he has more, he has more chances of getting a good benefit, and if he has less then it should affect the trading of the individual.

[borovichok]

 
A good trader should have so much experience in his trading that he can easily determine when to enter the market and when to backup himself. He should have that much experience; otherwise, we can't tell him he's a good trader. Almost those traders who give time to analytics and their way of getting analysis is good have more chances of getting more benefits.

Also, we have to look at the trader's portfolio; if he has more, he has more chances of getting a good benefit, and if he has less then it should affect the trading of the individual.

None of us should be regarded or described as a good trader, everyone keeps learning from the system and it do never ends. Benefits are for the trader's that have strong foundation in the system, its not always consider easy path to withstand the pressure coming. A trader's port folio determines how strong or weak a trader can become in the system. We make decisions which will later haunt us in this present day or in the future. Experience is the main focus in trading, though it also requires solid knowledge and speedy legit information.

[terrific]

Staying off is the best we can do, when not sure.

You said it right.
That's the best thing that we can do when we can't make decisions right or we have been losing a lot. There's no way for us to keep going when your trades are not doing well.
Accept the fact and the scenario and just move on, stop and stay off from the market is the best idea that someone can make when he can't bear all the losses he's been doing.

[Awaklara]

As long as trading is concern, it's very essential you have a guideline rules you follow while trading, and one of those rules is not trading when not sure of the market.
As simple as it may sound, it's very difficult to abide by it.

Why is it hard not to trade when you are unsure? do you trade for charity? because if you already know the market situation makes you unsure about trading, you shouldn't trade.
it is possible for such behavior to occur in beginners who are getting curious or even a little addicted in their initial trading. so every day they want to trade even though they know the market situation will not be profitable to continue trading.
but for those who are a little more experienced, they definitely understand the right situation for them to enter and for them to hold back waiting for the right moment to trade.

[Husires]

With trading bots, you do not need to stay online. Program the bot to a specific strategy and modify the strategy every 3 days a week. Thus, you can enjoy your life while the market is monitored 24 hours a day and make a profit without the need to be online or spoil your mood with trading fluctuations.
Thinking about trading turns it into a side job to a full-time job, and since profits may not always be achieved, it is better to look for a full-time job if you cannot stay away from the trading screen.
Thinking this way is psychologically and physically destructive and will lead to bad results.

[lombok]

Trading is about being sure and not being sure. If you are sure, enter and if not, don't enter. Because this really affects our emotions. Emotions when trading are very dangerous. It's better to invest long term. We know that trading can provide profits and losses, the more we use emotions in trading, the more unstable each decision in trading will be and the logic of analysis will be ignored.

[the rise]

Everyone will have a different view of traders, there are some people who make daily reunions or their job to make money every day, and there are some people who only make profits but at the moment they want, all trading strategies have their own risks, depending Personally we choose a convenient option for trading

[hugeblack]

As long as trading is concern, it's very essential you have a guideline rules you follow while trading, and one of those rules is not trading when not sure of the market.
As simple as it may sound, it's very difficult to abide by it.

The state of uncertainty in the market is the state in which the probability of profit is at its lowest level. Uncertainty is a measure of risk. Hence, Bitcoin is classified on the basis that it is a high-risk asset, assuming that market trends cannot be predicted exactly as happens in the stock markets.

if you want to get rid of these fears, simple strategies such as Dollar-Cost Averaging (DCA) will be more appropriate than trading.

[Pi-network314159]

As long as trading is concern, it's very essential you have a guideline rules you follow while trading, and one of those rules is not trading when not sure of the market.
As simple as it may sound, it's very difficult to abide by it.

The state of uncertainty in the market is the state in which the probability of profit is at its lowest level. Uncertainty is a measure of risk. Hence, Bitcoin is classified on the basis that it is a high-risk asset, assuming that market trends cannot be predicted exactly as happens in the stock markets.

if you want to get rid of these fears, simple strategies such as Dollar-Cost Averaging (DCA) will be more appropriate than trading.

Yes DCA is the best investment strategy it's more safer and easier, than trading and watching the market, whether is bearish or bullish. But buying btc and leave it to your potfolio will totally make life easy for you by removing your mind from fear of loss. Because fear of loss is the root cause of people do sell off there coin for no good reason. While some choose trading because of quick money. And yet they still run at lost when there is fall in price.

[justdimin]

Trading is about being sure and not being sure. If you are sure, enter and if not, don't enter. Because this really affects our emotions. Emotions when trading are very dangerous. It's better to invest long term. We know that trading can provide profits and losses, the more we use emotions in trading, the more unstable each decision in trading will be and the logic of analysis will be ignored.

More like being not sure, because there is no way to accurately predict our trades. It does not mean though that we will not trade. Of course we will still do it, because how do we know if our trades are going to be successful or not? And how can we earn a profit if we won't take a risk?

Any outcome can trigger our emotions. If we lose, we are going to feel sad but if we are profiting, we are going to feel happy. I see nothing wrong with that but as long as we can snap out immediately because over feeling it can lead to dangers. Long-term investment might have advantages but it also have disadvantages, which can still trigger our emotions.

[so98nn]

Excellent choice at the end of the post. I am always jumping into the market or other types of investments with a similar mindset. If you are ready to do it then you have to be 100% sure, if there is the slightest doubt then you can always have an exit strategy right at that point. If we miss doing this then things can go south and this happened with me when I bought one of the alt blindly. The project had amazing marketing geeks, they published it via affiliate marketing and social media accounts. When I looked at it from top to bottom it seemed just fine. However, when it came to the point when I wanted to invest my money in it I had some doubts, or you can say that they started rolling at that exact movement somehow. Maybe call it subconscious analysis that made me go away from it and not invest but somehow I did not triple-check the facts and invested anyways. This made me a lot of losses via that investment. Since then, the goal is to keep myself away from the trading on daily basis. Only invest when something excellent and of the Bitcoin quality comes out.

[Nrcewker]

That will be a good decision if you are new to trading or basically a newbie. But a skilled trader is the one who analyses all the possibilities and trade in whatever the condition of the market is. Yes as you trade more, you will gain more experience and hence you will be more confident. For this reason, I always advise people to trade with demo account in order to get acquainted with the market conditions. Once you feel confident and learn various strategies on various situations, trade in the real market and make profit.

[Litzki1990]

A skilled trader knows exactly when in the market to buy his coins and when to sell his coins he is very good at making quick decisions. The loss may be slightly higher due to earlier decision making, but if a trader delays his decision too much, he may miss the opportunity to profit from trading. When I am tedding and when I feel that the market may go higher from this time I buy coins at that time instead of waiting and wait for a good time. Not every day I do multiple trading but some days there is a loss and I have to wait for the market to turn positive. We always discuss that trading is risky but we have to have the ability to make quick decisions by accepting this risk.

[Viscore]

Knowing when to trade in the market is a big factor to make trading successful. While consistent trading creates more opportunities to earn and save profits, but when the market is not favorable to trade, then it's better to stay off trading for a while and save your capital. Trading is for profits, but that will obviously not going to happen if you go trade against the market condition.

Most of the time, your decision making creates a challenge over the market. But if you have the patience to wait for the market to become certain and stable, then trading in a favorable market is not a big issue and will not give you a headache after every trading.

[Distinctin]

A good and Skill trader must know that in other to stay long and profitable in the market,
it very important we know when to stay off the market

This is right. Traders should not be greedy. As traders is winning during the day, he may be greedy and wants to win more. But at the end, he may find himself losing overall before the day is over. Also if a trader is losing, they should have a limit to their loss, once the limit is exceeded, they should stop trading. Losing is when traders are vulnerable to lose more.

Sometimes, a trader can be sure of the market, enter the market and the market will go in the opposite direction against the position opened by the trader. It is good for traders to know that they should not trade with the money that they can not afford to lose.

The problem with traders is once they achieved profits, they continue to chase for more profits regardless of the market condition. That greed will never be good for them, but will only ruined their trades and will lose their capital in the process. That is the reason why traders should always know when to stay off the market, so they can prevent theirselves from losing or they can set limits for their future losses.

While trading is to stay in profits, but going against the market will only make your trades miserable. So always know when to trade, and when to stop trading when it's badly needed.

[sulendra12]

Staying off is the best we can do, when not sure.

Yes, if we are talking about trading then pretty much if the situation doesn't call for the right time for trading then you can wait for a moment until your preference to trade meets your threshold then you can start trading until you are pretty sure with your research. Today's market would likely be different until tomorrow and the day after, etc. We have to be ready with such outcome and possibility.

The problem with traders is once they achieved profits, they continue to chase for more profits regardless of the market condition.

Being greedy is always a bad thing, not just in trading but more on general cases. I'd stay away with that, the traders need a break after getting a profit so you can analyze your winnings.

[goaldigger]

As long as trading is concern, it's very essential you have a guideline rules you follow while trading, and one of those rules is not trading when not sure of the market.
As simple as it may sound, it's very difficult to abide by it.

Timing is very important in trading and yes, its not always about you do trading but its more about the timing in the market. If you are doing this on purpose and with strategy, you don’t have to worry about the market trend. You have to be more cautious every time you trade, make sure to have your strategy always so you can know if its your buying time now or you still need to wait for other confirmations and that’s how indicators can guide us.

[lombok]

Trading is about being sure and not being sure. If you are sure, enter and if not, don't enter. Because this really affects our emotions. Emotions when trading are very dangerous. It's better to invest long term. We know that trading can provide profits and losses, the more we use emotions in trading, the more unstable each decision in trading will be and the logic of analysis will be ignored.

More like being not sure, because there is no way to accurately predict our trades. It does not mean though that we will not trade. Of course we will still do it, because how do we know if our trades are going to be successful or not? And how can we earn a profit if we won't take a risk?

Any outcome can trigger our emotions. If we lose, we are going to feel sad but if we are profiting, we are going to feel happy. I see nothing wrong with that but as long as we can snap out immediately because over feeling it can lead to dangers. Long-term investment might have advantages but it also have disadvantages, which can still trigger our emotions.

Correct. It all depends on the person who is able to exercise control and make decisions themselves. The point is to avoid excessive trading. Yes, at least investing is more relaxed than trading.

And it is necessary to pay more attention to always updating knowledge regarding technical analysis and extracting information as fundamental analysis is very important and vital.

[stadus]

Staying off is the best we can do, when not sure.

You said it right.
That's the best thing that we can do when we can't make decisions right or we have been losing a lot. There's no way for us to keep going when your trades are not doing well.
Accept the fact and the scenario and just move on, stop and stay off from the market is the best idea that someone can make when he can't bear all the losses he's been doing.

Just accept the fact that we can't trade all the time and stay in profits. There's always the good times to invest, as well as bad times to invest and when it happens, try to control your greed and just stay off in the market when it's the best thing to do. Otherwise, trying to pursue trading in the market despite of the bad market condition will only put your trades into losses, thus losing your future profits in trading.

Staying off in the market at some point is sometimes necessary for traders. That is also one way that we can take rest from trading most especially when we are still struggling to learn trading.

[synchronym]

op I agree with you. Because when we want to trade, we must have enough knowledge about that trading. Before trading, we must be aware enough about the market. If we do not know the market relationship of trading then the money we invest in trading will be more likely to lose. So it is necessary for everyone when one is trading one must have enough knowledge about the market otherwise trading will not be successful.

[GigaBit]

Trading is about being sure and not being sure. If you are sure, enter and if not, don't enter. Because this really affects our emotions. Emotions when trading are very dangerous. It's better to invest long term. We know that trading can provide profits and losses, the more we use emotions in trading, the more unstable each decision in trading will be and the logic of analysis will be ignored.

More like being not sure, because there is no way to accurately predict our trades. It does not mean though that we will not trade. Of course we will still do it, because how do we know if our trades are going to be successful or not? And how can we earn a profit if we won't take a risk?

Any outcome can trigger our emotions. If we lose, we are going to feel sad but if we are profiting, we are going to feel happy. I see nothing wrong with that but as long as we can snap out immediately because over feeling it can lead to dangers. Long-term investment might have advantages but it also have disadvantages, which can still trigger our emotions.

Correct. It all depends on the person who is able to exercise control and make decisions themselves. The point is to avoid excessive trading. Yes, at least investing is more relaxed than trading.

And it is necessary to pay more attention to always updating knowledge regarding technical analysis and extracting information as fundamental analysis is very important and vital.

Trading business is very easy if we can manage it properly especially if we can make profit in trade. But a trader must know some basics. Especially the market conditions should be well understood. Unless a trader has a good understanding of the market, he will not be successful in trading. But just as you can't be greedy in trading, you must manage trading with risk if you want to trade here. A trader should start trading only after getting the best idea. Everyone comes here for the purpose of profit, but those who can gain comprehensive knowledge about trading and its related issues can be successful in the trading platform. A good analysis certainly does not hinder a trader from taking new trades. If a trader understands when he hast to take a trade and when he should stop, he can easily make profit from trading.

[lombok]

Trading business is very easy if we can manage it properly especially if we can make profit in trade. But a trader must know some basics. Especially the market conditions should be well understood. Unless a trader has a good understanding of the market, he will not be successful in trading. But just as you can't be greedy in trading, you must manage trading with risk if you want to trade here. A trader should start trading only after getting the best idea. Everyone comes here for the purpose of profit, but those who can gain comprehensive knowledge about trading and its related issues can be successful in the trading platform. A good analysis certainly does not hinder a trader from taking new trades. If a trader understands when he hast to take a trade and when he should stop, he can easily make profit from trading.

Everything you say is true and fact. Apart from knowledge and good analysis, we also need experience. Sometimes experience makes us more confident in our strategies and trading methods in the past. What the OP said is not wrong, but it would be good for us to know and learn basic and important things. Because here we use real money, which may be investment money or money that we hope will be useful in the future, so it would be a shame if it was wasted in vain.

[Mpamaegbu]

As long as trading is concern, it's very essential you have a guideline rules you follow while trading, and one of those rules is not trading when not sure of the market. As simple as it may sound, it's very difficult to abide by it.

Not many know that not trading at all is also a trading strategy. It's better to restrain oneself from trading by sitting on the sidelines until the coast is clear than indulging in trading and loosing the little capital one has. Trading, in itself, isn't as easy as many people make it to be. Those who think it's a short cut to riches have always had their fingers burnt.

[mirakal]

That will be a good decision if you are new to trading or basically a newbie. But a skilled trader is the one who analyses all the possibilities and trade in whatever the condition of the market is. Yes as you trade more, you will gain more experience and hence you will be more confident. For this reason, I always advise people to trade with demo account in order to get acquainted with the market conditions. Once you feel confident and learn various strategies on various situations, trade in the real market and make profit.

However, even the most skillful traders still experience inevitable losses when they try to trade when the market is very uncertain. That is the reason why staying off the market for some time is also necessary rather than jumping to trading as long as you want. Professional traders definitely know when to trade and when to stop trading. So they won't insist trading when they know already the probability to be in profits is at its lowest.

Using demo account in trading may also be a good option. But we all know that its still different when trading in a live market rather than trading using demo account. If you are profitable trading without real money involved, then that won't guarantee that you will still be profitable trading in a real market.

[Ruttoshi]

Staying off is the best we can do, when not sure.

Exactly, one need to stay off the market when he is not sure of the market rather than having the spirit of greed and you want to try your luck in the market, this will make you run at bug loss because it is now a guess work and not due to experience, which makes it like gambling.

If a trader can control his emotion and know that he can still trade tomorrow if the market is not in his favor that with make that trader risk taking to be lesser compare to that trader that wants to trade, even when he knows that he is in big loss because he thinks that the market will later be in his favor. I love this your advice because newbies jump into trading when they don't know anything about the market.

[jossiel]

Everything you say is true and fact. Apart from knowledge and good analysis, we also need experience. Sometimes experience makes us more confident in our strategies and trading methods in the past. What the OP said is not wrong, but it would be good for us to know and learn basic and important things. Because here we use real money, which may be investment money or money that we hope will be useful in the future, so it would be a shame if it was wasted in vain.

And it's not a requirement that you have to trade at all times. You know that this market is such a brutal market and if you're even more than a risk taker and you like getting into futures, you'll get butchered there by the market if you're not going to use your patience.

Many newbies think that a trader should be active at all times. Well, in fact, a good trader is patient and is a good observant. Knows when to get in and get out.

Sometimes all you need to do is to apply extra patience while reading the charts and also some news in the market.

[lombok]

Everything you say is true and fact. Apart from knowledge and good analysis, we also need experience. Sometimes experience makes us more confident in our strategies and trading methods in the past. What the OP said is not wrong, but it would be good for us to know and learn basic and important things. Because here we use real money, which may be investment money or money that we hope will be useful in the future, so it would be a shame if it was wasted in vain.

And it's not a requirement that you have to trade at all times. You know that this market is such a brutal market and if you're even more than a risk taker and you like getting into futures, you'll get butchered there by the market if you're not going to use your patience.

Many newbies think that a trader should be active at all times. Well, in fact, a good trader is patient and is a good observant. Knows when to get in and get out.

Sometimes all you need to do is to apply extra patience while reading the charts and also some news in the market.

Correct. The more we sell and buy, the greater the emotions involved in each trading action. And this is not very good for trading activities. Where emotions play a role, the greater the possibility of experiencing losses.

[GeorgeJohn]

As long as trading is concern, it's very essential you have a guideline rules you follow while trading, and one of those rules is not trading when not sure of the market.
As simple as it may sound, it's very difficult to abide by it.

A good and Skill trader must know that in other to stay long and profitable in the market,
it very important we know when to stay off the market,

What we need as a trader is to be able to learn and understand all the elementary or primary measures that concerns trading, because I know quite well that trading has to do with target and consciousness, its obvious that without a proper understanding of trading I don't that someone can excel in trading properly, so I believe that one of the most things that causes a disadvantages or lose in trading is inability to to understand the rudiments of Trading...

To trade is easy as anything you may taught is easy or easier to know, I know very well that trading have to do with a skill and you have to know how to escape from getting lost, its the most things people do concerning trading, while so many people complained of trading is due to they did not have proper scope of trading before venturing into it.

[Stable090]

Trading is about being sure and not being sure. If you are sure, enter and if not, don't enter.

Is there assurance in trade? You can’t be sure about a trade, you might be thinking it’s the right time to trade, and after entering a trade, your analysis might be wrong, so when trading, there is nothing like being sure about your trade. What I will say is that when trading, always make sure you do your analysis before entering a trade, and always make sure you monitor your trade after entering. Anything can happen, you can’t be 100% sure about a trade.

It's better to invest long term.

I know it’s better to invest than trade, if you are scared of losing your money, then it’s better you just go for investment, but for anyone who’s interested in trading, I don’t discourage them from trading. Just that when trading, there will be profit and also loss, but if you notice your loss is always more than your profit, then something is wrong, you have to check your strategy and make amendments. And any newbie trying to trade, just know that when you are learning how to trade, you might end up losing more money, so newbies learning to trade should be prepared for that.

[Lanatsa]

As long as trading is concern, it's very essential you have a guideline rules you follow while trading, and one of those rules is not trading when not sure of the market.
As simple as it may sound, it's very difficult to abide by it.

A good and Skill trader must know that in other to stay long and profitable in the market,
it very important we know when to stay off the market,
there are always opportunities in the market,
so why risk your capital
 when you are not sure
of your analysis or the market is in an awkward situation like consolidation from the 4hrs timeframe? When there is no clear direction and confirmation of the next move the market is trying to take.
The best we can do is to stay off, the most important thing is for us to be profitable, even if we have to trade once in  a week , it's better than losing, it's better that our account is intact than blowing it.

Staying off is the best we can do, when not sure.

Discipline would really be the main issue on this one on which not all would really be that having that kind of patience if we do speak about on dealing up with the market on having that kind of volatility
on which it is  true that this market does have tons of opportunity for you to get in. If you do find that the volatility is intense or something that it is way too unpredictable on which even making use of
TA or FA which it dont really correlate out then this simply means that you should really be needing to have some break and letting the market to subside if ever its moving that out much.

The main issue that i could only see here is that a certain trader doesnt really like on getting behind as if they were treating that every second counts here on this market. They dont really like
on missing out those opportunities and this is why they cant help themselves on taking up some break or would really be minding about skipping out and this is an issue on which someone
do really need to resolve out because once you do have this then you would really be finding yourself to be that desperate and this is something that we dont really like
to happen.You are really that prone to lots of mistakes.

[jossiel]

And it's not a requirement that you have to trade at all times. You know that this market is such a brutal market and if you're even more than a risk taker and you like getting into futures, you'll get butchered there by the market if you're not going to use your patience.

Many newbies think that a trader should be active at all times. Well, in fact, a good trader is patient and is a good observant. Knows when to get in and get out.

Sometimes all you need to do is to apply extra patience while reading the charts and also some news in the market.

Correct. The more we sell and buy, the greater the emotions involved in each trading action. And this is not very good for trading activities. Where emotions play a role, the greater the possibility of experiencing losses.

You don't have to have that exceeding emotions when you trade because that's definitely going to affect you when you.

There's no need for you to take it along with your trades. Set aside the emotions and deal with what's going to be your trades emotionless so that, you can do every action that's needed to be made.

Just don't intervene your trades with emotion so that executions that you're about to make are going to be perfect. If there's a need for you to cut loss then you can cut the losses.

[GeorgeJohn]

None of us should be regarded or described as a good trader, everyone keeps learning from the system and it do never ends. Benefits are for the trader's that have strong foundation in the system, its not always consider easy path to withstand the pressure coming. A trader's port folio determines how strong or weak a trader can become in the system. We make decisions which will later haunt us in this present day or in the future. Experience is the main focus in trading, though it also requires solid knowledge and speedy legit information.

In aspect of trading, its very obvious that nobody is an encyclopedia of knowledge or island of knowledge, in every thing the beginning of someone's knowledge is the end product of another one's knowledge and that is while we don't need to say that we know it all and I believe  that trading have to do with something like continuous knowledge and if you don't take your time in learning trading then you will end up of understanding the wrong concept of trading, that is while nobody is above mistakes in trading and nobody will say that is a professional trader from my perspective.

[lombok]

always make sure you do your analysis before entering a trade,

what I mean is related to this. When we carry out an analysis and we are confident in the analysis we have made, this is the initial capital for us to open a position or trade.

I know it’s better to invest than trade, if you are scared of losing your money, then it’s better you just go for investment, but for anyone who’s interested in trading, I don’t discourage them from trading. Just that when trading, there will be profit and also loss, but if you notice your loss is always more than your profit, then something is wrong, you have to check your strategy and make amendments. And any newbie trying to trade, just know that when you are learning how to trade, you might end up losing more money, so newbies learning to trade should be prepared for that.

The best part of trading is, we are required to continue learning and developing to understand the market. That's what I caught during my time as a trader. When we don't carry out analysis, search for data, learn something new regarding analysis and market observations from other perspectives, improvise from previous trading styles then we will not develop and tend to experience continuous losses.

You don't have to have that exceeding emotions when you trade because that's definitely going to affect you when you.

There's no need for you to take it along with your trades. Set aside the emotions and deal with what's going to be your trades emotionless so that, you can do every action that's needed to be made.

Just don't intervene your trades with emotion so that executions that you're about to make are going to be perfect. If there's a need for you to cut loss then you can cut the losses.

Actions like this are probably ignored by many and we think that the price will recover or continue. Sometimes people still don't care about placing Stop Loss and Take Profit. Even though this is very important and mandatory in my opinion.

[Assface16678]

As long as trading is concern, it's very essential you have a guideline rules you follow while trading, and one of those rules is not trading when not sure of the market.
As simple as it may sound, it's very difficult to abide by it.

Timing is very important in trading and yes, its not always about you do trading but its more about the timing in the market. If you are doing this on purpose and with strategy, you don’t have to worry about the market trend. You have to be more cautious every time you trade, make sure to have your strategy always so you can know if its your buying time now or you still need to wait for other confirmations and that’s how indicators can guide us.

True! Even in a market where you are not sure or don't have a clear direction or analysis, many traders still choose to risk trading as they are aiming for a profit, which is what the OP is saying to avoid, but in reality, many traders don't want to apply this discipline as they are letting their greed take over, which will cost them.

But there are also traders that could find an opportunity in this kind of situation; they are called scalpers. Yes, scalpers aim to make a profit with a limited or short time frame, usually a minute or hour only. Even if there is no clear direction in the market, they will take advantage of the volatility of the market and aim for slight movements with a slight profit. Yes, they can't gain a huge amount as the time frame is short, but that is their strategy as long as they earn it. It's okay for them. But the thing is, this is very risky, as one wrong position would blow your account depending on the leverage at stake.

[poodle63]

As long as trading is concern, it's very essential you have a guideline rules you follow while trading, and one of those rules is not trading when not sure of the market.
As simple as it may sound, it's very difficult to abide by it.

Timing is very important in trading and yes, its not always about you do trading but its more about the timing in the market. If you are doing this on purpose and with strategy, you don’t have to worry about the market trend. You have to be more cautious every time you trade, make sure to have your strategy always so you can know if its your buying time now or you still need to wait for other confirmations and that’s how indicators can guide us.

after all not trading is also part of trading, if we're not sure like for example when a coin has reached certain height we don't sure it could even climb up further, we just can wait until the coin go down again, I mean regardless whether the coin keeps on continuing to climb, then we can just find another coin, i always have strong sense of avoiding coin that already pumping because they mostly just gonna be waiting for a chance to be dumping and make exit liquidity for the group that pumps the coin, or anyone that hold the coin before the pump.
such tendency could easily save me from being fomo'd like anyone else therefore cause my money to be left intact not losing.
I've seen plenty scenario where so many people are buying at peak because they afraid of missing train in my opinion thats dumbest decision ever.

[libert19]

As long as trading is concern, it's very essential you have a guideline rules you follow while trading, and one of those rules is not trading when not sure of the market.

That's correct, and I have been bitten when getting trades I was unsure of.

Few days ago wanted to dive into brc20 tokens, but I didn't because I don't understand them at all. Early this year, I minted inscription called honey badgers, and I lost them in transaction fees, lol. I paid 30$ of those and atm they are worth $400 but I lost it because I didn't know how they work.

Also, same advise have been given trading veterans in past, and may be one of reason Warren Buffet doesn't invest in Bitcoin. Although, I would still call his remarks ignorant.

[wxa7115]

You don't have to have that exceeding emotions when you trade because that's definitely going to affect you when you.

There's no need for you to take it along with your trades. Set aside the emotions and deal with what's going to be your trades emotionless so that, you can do every action that's needed to be made.

Just don't intervene your trades with emotion so that executions that you're about to make are going to be perfect. If there's a need for you to cut loss then you can cut the losses.

Trading requires we are as objective as possible, and emotions can cloud our judgment, it is because of this it is often mentioned that we need to leave our emotions behind when we trade.

And if this is not the case we could get away with it as long as everything is going our way, but as soon as the market does something we do not expect that is when we could make a mistake, since instead of looking at the market for what it is, we could look at it as we think it should be, and take a decision based on our wishes or feelings instead of the hard facts, and this is not really the way to make profits in any market.

[Jatiluhung]

As long as trading is concern, it's very essential you have a guideline rules you follow while trading, and one of those rules is not trading when not sure of the market.
As simple as it may sound, it's very difficult to abide by it.

A good and Skill trader must know that in other to stay long and profitable in the market,
it very important we know when to stay off the market,
there are always opportunities in the market,
so why risk your capital
 when you are not sure
of your analysis or the market is in an awkward situation like consolidation from the 4hrs timeframe? When there is no clear direction and confirmation of the next move the market is trying to take.
The best we can do is to stay off, the most important thing is for us to be profitable, even if we have to trade once in  a week , it's better than losing, it's better that our account is intact than blowing it.

Staying off is the best we can do, when not sure.

I think you have quite a long experience in trading. And it's written in how you share trading-related insights. And I agree with what you said in this matter. Because we can't always enter the market. There are situations where the market becomes more volatile than usual. like when there are global economic events and the like. So we often hear the term "Wait and See". I was familiar with this term when I studied the stock market. And now I also often use it in the crypto market. Because there are times when we have to wait patiently and only pay attention to the market first. And try to restrain yourself from getting involved in trading first. And it's better to wait for the market to become friendlier than to lose. But I'm not a day trader so I'm used to waiting for the market to really suit me to enter. Because I might only have time when my work is done. Like on the weekend or something. So I got used to waiting patiently. But for daily traders, it turns out that some of them even like volatility in the market when there are economic events or something like that. Because they may be used to scalper traders.

[Sebas.tian]

If you can be able to follow the rules in the crypto trading, it will be difficult for you to experience losses in your trading, because you don't need to trade when the price is low in the market which is a sign of failure waiting for you in the market. If you want to maintain consistent income in your crypto trading, ensure you always trade your coins when there is a heavy bullish in the market which is the best decision that can bring you an income that will help you to make more income in the future. If you want to make profits anytime you trade in the market is your choice, and if you want to experience losses in your trading is your choice because there is no way you will hold your coins for the bullish season to come, and you will not achieve a passive income from your trading.

[Strongkored]

As long as trading is concern, it's very essential you have a guideline rules you follow while trading, and one of those rules is not trading when not sure of the market.
As simple as it may sound, it's very difficult to abide by it.

There is no sure in trading, because what traders do is to analyze as best as possible what will happen in the market so that they know the decisions to be taken and all possibilities can happen whether it ends up being in accordance with the analysis or vice versa because what traders can do is only analyze, not influence the market according to what what is believed, so if traders only take actions based on whether they are sure or not sure then they will not move in trading because no matter how confident they are the market can still move in the opposite direction from what traders believe.

[CharlieSummers]

Hey Octradism,

Absolutely agree with you on the unpredictability of trading – it's a wild ride for sure. The market's like a rollercoaster, and those black swan events can really throw a curveball, especially when you least expect it.

Your point about overconfident traders skipping stop loss orders hits the nail on the head. No one's invincible, right?

Speaking of unpredictability, have you tried channeling some of that thrill into something a bit different? I recently stumbled upon this new slot haven called "New Slot Klosh" – it's got quite the buzz. Might be a refreshing break from the trading rollercoaster. What do you reckon?

Stay savvy in the market and maybe throw in a spin or two for good measure! 🎰📈

Cheers.

[SOKO-DEKE]

Trading is about being sure and not being sure. If you are sure, enter and if not, don't enter.

I do not believe much that trading is solely based on certainty before a trader may enter the market; rather, trading is based on hope based on solid knowledge that something will likely occur. Since there is no such thing as trading assurance, even individuals with extensive trading understanding occasionally experience financial loss. Trading is all about probability; whether something will occur as someone expects it to or not. However, some traders may have a lot of hope for their trades because of certain circumstances.

It's better to invest long term.

Trading can be okay if you know a lot about it. If you have good knowledge, you can be making good profit  from trading even though it involves serious risks. But if you don't know much about trading, it's better to invest for a long time and wait for the right time to make that good profits. This way, you can still get good profits without having to worry too much about the ups and downs of trading.

[sana54210]

What we need as a trader is to be able to learn and understand all the elementary or primary measures that concerns trading, because I know quite well that trading has to do with target and consciousness, its obvious that without a proper understanding of trading I don't that someone can excel in trading properly, so I believe that one of the most things that causes a disadvantages or lose in trading is inability to to understand the rudiments of Trading...

To trade is easy as anything you may taught is easy or easier to know, I know very well that trading have to do with a skill and you have to know how to escape from getting lost, its the most things people do concerning trading, while so many people complained of trading is due to they did not have proper scope of trading before venturing into it.

That's the thing with some people, they think trading is too easy or too hard. Pick up any musical instrument that you have never played before, and try to learn it and that's how easy or hard it is.

Changes from person to person and background to background, some guy who traded stocks may have easier time here, or forex as well, just like some guy who played another instrument before that one, or some person who has absolutely no talent in music may have harder time, but will be able to as long as he keeps trying and put in the work, just like trading because some people may never be that good at the start compared to some, but could become better if they keep working hard.

Some people may not have any time at all, give just 1-2 hours per week to it, very little, but if they do it for 30 years, they will be a mastermind of it, trading or instrument doesn't matter. So we just need to figure out what we are good at and just keep at it and work hard for it.

[jossiel]

You don't have to have that exceeding emotions when you trade because that's definitely going to affect you when you.

There's no need for you to take it along with your trades. Set aside the emotions and deal with what's going to be your trades emotionless so that, you can do every action that's needed to be made.

Just don't intervene your trades with emotion so that executions that you're about to make are going to be perfect. If there's a need for you to cut loss then you can cut the losses.

Actions like this are probably ignored by many and we think that the price will recover or continue. Sometimes people still don't care about placing Stop Loss and Take Profit. Even though this is very important and mandatory in my opinion.

They will learn the lesson there if they don't use stop loss.

It doesn't matter whether you trade in the futures or the spot but doing every trade with a stop loss is a discipline that you have built over the period of time.

And with such, you're going to bring that whenever you do some other trades be it in the crypto market or with any other market that usually allows these features to be.

[target]

The best decision you can take is just hold and sell when you learn the market has reached its peak. There is more risk if you go for leverage trading and it could even liquidate all your funds when you try going there without the real chart knowledge. Its a clown world when you see yourself chasing the wins when you could win even when jsut holding.

[Finestream]

Staying off in the market for some time does not mean that you are being fearful to take the risk most especially when the market is at its high uncertainty. This is a sign that you're mature enough to understand when to trade in profits, and when to take a break from trading because the market is not sufficient to trade. Having that mindset will not put you into losses, but will definitely save you from future losses that you might encounter if you keep trading despite of the market's negative condition.

While staying off in the market is a good decision, others see it as missing a single opportunity to be profitable in trading. Trading consistently does not guarantee secured profits, but it will only push into inevitable losses if you are not wise enough to deal with the market issues.

[God bless u]

Sometimes people never exit the trading market because they are regularly growing their profit but I think that even after regular avail you have to leave trading market for some time as a exposure to risk is there all the time in the Crypto market. Trading is not feasible as the people assume because experience traders are also distressed of making decision according to the market situations as market is unpredictable and not trusted.

There are also more ways of earning money through Crypto trading is not only the way therefore try to not put your money at risk and join some other ways like that of Signature campaign and bounty campaign so you can get extra amount of income on weekly or monthly basis. There is no other more risky way of earning in crypto than that of trading and investment in new or useless coins.

Visualise the market condition whole month but be a part of trading in just one or two days in a whole week because the more you trade more your money will be put on line for loss. The better thing besides trading is investment in Bitcoin which will minimise the risk associated with your money and will also reduce your emotional behaviour regarding your money loss.

[Bitcoin_people]

If one ventures into trading, then there are certain things that must be well known and known about them beforehand. There are many rules and regulations in trading which are essential to know and without knowing them you will never be able to make profit but in most cases you will face loss. Of course understanding the market first is most important because if you don't know the market well then you can never start trading and if you don't start trading you can't make profit. So it is essential to know about the market beforehand because the market is always on the upswing so you need to know about this from where you can buy and profit. However you always need to know the market first then follow different strategies and gradually learn about different market analysis. Although most people are currently doing bot trading and copy trading, I think these trades are mainly for beginners. But newbies can definitely make good trades and businesses by themselves if they slowly put their plans into action and take care of the knowledge well. To trade one must have good planning and long term planning.

[Yamifoud]

As long as trading is concern, it's very essential you have a guideline rules you follow while trading, and one of those rules is not trading when not sure of the market.
As simple as it may sound, it's very difficult to abide by it.

Don't do a trade if you don't know about this, that is a pretty simple and wise choice.

 - we don't need to experience it just to know if trading is hard or easy
 - we don't have to lose money just to realize that we are not ready for trading

Instead, we should not underestimate the market, do research and know how trading works first before doing it. In general, we have to acquire enough knowledge for this field, or else, we make ourselves a fool.

[lombok]

You don't have to have that exceeding emotions when you trade because that's definitely going to affect you when you.

There's no need for you to take it along with your trades. Set aside the emotions and deal with what's going to be your trades emotionless so that, you can do every action that's needed to be made.

Just don't intervene your trades with emotion so that executions that you're about to make are going to be perfect. If there's a need for you to cut loss then you can cut the losses.

Actions like this are probably ignored by many and we think that the price will recover or continue. Sometimes people still don't care about placing Stop Loss and Take Profit. Even though this is very important and mandatory in my opinion.

They will learn the lesson there if they don't use stop loss.

It doesn't matter whether you trade in the futures or the spot but doing every trade with a stop loss is a discipline that you have built over the period of time.

And with such, you're going to bring that whenever you do some other trades be it in the crypto market or with any other market that usually allows these features to be.

It may sound silly, even in spot trading we also need to place a stop loss. This is very helpful if the coin we are trading experiences a sharp decline. This is very possible considering that in crypto sharp increases and decreases of up to hundreds of percent can occur. And many cases occur which cause our balance to be completely drained.

[Ahli38]

Sometimes there are times when we have to stop our trading and take a short vacation when market conditions become uncertain. Even as a day trader I also have time that I dedicate to vacation. That is, like on Sundays when market movements become more difficult to analyze. And there are times when we have to refresh our minds. But there are several types of traders who trade when they can see confirmation or when the Chart Pattern has clearly formed. And they prefer to wait for confirmation to form. I also sometimes do this on types of coins that don't have any events. But for altcoins that do have events, here we have to use fundamental and sentimental analysis. Because when there is an event that has the potential to create hype in the market, sometimes technical analysis will not even pass in a market situation like that. For example, what happened to Avax after they had a large partner which made Avax continue its upward trend and continue to penetrate every resistance area.

[Cookdata]

As long as trading is concern, it's very essential you have a guideline rules you follow while trading, and one of those rules is not trading when not sure of the market.
As simple as it may sound, it's very difficult to abide by it.

If you have a basic rule and you don't stand by it, you will not only be hurting your trading funds, you are becoming a bad trader who doesn't care about the future of his business. Trading is like a business and you have to treat it as such because if you have a business running and you are aware that if you open the shop in the in night, you may sell but it can invite hoodlums to it and take away your items and yet you still went ahead to do that, it means you don't value your business. Trading is a pure business.

A good and Skill trader must know that in other to stay long and profitable in the market,
it very important we know when to stay off the market,
there are always opportunities in the market,
so why risk your capital
 when you are not sure
of your analysis or the market is in an awkward situation like consolidation from the 4hrs timeframe? When there is no clear direction and confirmation of the next move the market is trying to take.
The best we can do is to stay off, the most important thing is for us to be profitable, even if we have to trade once in  a week , it's better than losing, it's better that our account is intact than blowing it.

Staying off is the best we can do, when not sure.

As easy as it sound "staying off the market" is really hard for some people but I think it what you need to consider first is the type of trader you are as a person. If you are a trader that loves trading daily, then there is no any way you will stay off the market a day, you lose the opportunity making money for that day but as a on and off trader that only trade when there is opportunity, then you need to always do due diligence if it is okay to enter the market or not.

However, bitcoin market is tricky, the days you don't want to trade are the days you might miss out the goodies t the market. As much as I like trading, the only way to win from this market is to always hold some coins so as not to always miss opportunity of pumps more particularly as we are about to enter bull run, coins will be flying everywhere very soon and even as a trader, it's better not to miss the chance.

[jossiel]

They will learn the lesson there if they don't use stop loss.

It doesn't matter whether you trade in the futures or the spot but doing every trade with a stop loss is a discipline that you have built over the period of time.

And with such, you're going to bring that whenever you do some other trades be it in the crypto market or with any other market that usually allows these features to be.

It may sound silly, even in spot trading we also need to place a stop loss. This is very helpful if the coin we are trading experiences a sharp decline. This is very possible considering that in crypto sharp increases and decreases of up to hundreds of percent can occur.

Yup.

In all of the trades that we do, we need to set it. But if you're comfortable that you're not needing it, that's you and probably you're one of the best traders in the world. Because with what I know, even the greatest, they have their stop loss.

With the volatility of cryptocurrencies have and a trader that's aware of it, you can't time the market and it's always been unpredictable that's why you will need to have it as a help to your trades.

And many cases occur which cause our balance to be completely drained.

And we're all negligible with all the actions we do and this is our money as well, so like what I've been hearing before that if we take care of it while we trade, it will also take care of us.

[dunfida]

As long as trading is concern, it's very essential you have a guideline rules you follow while trading, and one of those rules is not trading when not sure of the market.
As simple as it may sound, it's very difficult to abide by it.

A good and Skill trader must know that in other to stay long and profitable in the market,
it very important we know when to stay off the market,
there are always opportunities in the market,
so why risk your capital
 when you are not sure
of your analysis or the market is in an awkward situation like consolidation from the 4hrs timeframe? When there is no clear direction and confirmation of the next move the market is trying to take.
The best we can do is to stay off, the most important thing is for us to be profitable, even if we have to trade once in  a week , it's better than losing, it's better that our account is intact than blowing it.

Staying off is the best we can do, when not sure.

There's always that time on which we can say that trading on the market is not that recommendable just because you cant really make yourself on having some position and it is really just that right that you should really know on when to stop and have some break and on when you should trade up.This is one of the recommended kind of behavior of a trader on which you should really be that versatile when it comes
to these kind of situations on which you should really know on when to trade and when its not. What we do really want on here is on how to sustain ourselves yet this isnt a race in the first place.
This is for endurance and survival for those who do tend to trade and this is why making yourself hurry would really be a bad idea.

Decisions be made would really be that needing to be that sensible and something that would be versatile because if you wont really be doing such thing then you would really be that prone into lots of errors and mistakes.
Sustain and endure on whatever stress and anxiety that you would be able to encounter up specially this market isnt something that could be easily be predicted.
You wouldn't know on when it would pump and when it would dropped.

[BitcoinTurk]

First of all, I would like to point out that the suggestions made by the OP are very good and useful. In order to trade successfully, as I mentioned before a person must be able to analyze successfully, be experienced, learn from every mistake he/she makes, be patient, manage risk well and trade by controlling his/her psychology correctly. It is important to remember that in order to be successful in trading it is very important to have all of these factors, not just one or a few of them because the slightest mistake can cause a person to lose his/her entire capital. Finally, I would like to add some advice here;

- Stop loss and take profit orders must be used for every transaction,
- If a position makes a profit, the profit should be taken gradually,
- If a position has made a good profit and there is a possibility of earning more, the stop loss order should be brought to the entry price after taking some profit,
- It is very important to conduct a good analysis before opening each transaction and to open a transaction based on the analysis.
- Most importantly, you shouldn't use high leverage,

I hope that these suggestions will be especially useful for new traders.

[Mate2237]

That is one of the market policies. You don't have to enter the market and start trading because you loss a lot nof money for the unprepared trading. And I have said this before there are two things you have to do before entering the trading market. Either you have an instructor who is guiding you when to enter the market or you are a professional trader that you know when to enter market. And two basic elements of trading are the stop lose and gain profit. If you know these two things then you are good to trade.

[bocyaj]

There is no sure in trading, because what traders do is to analyze as best as possible what will happen in the market so that they know the decisions to be taken and all possibilities can happen whether it ends up being in accordance with the analysis or vice versa because what traders can do is only analyze, not influence the market according to what what is believed, so if traders only take actions based on whether they are sure or not sure then they will not move in trading because no matter how confident they are the market can still move in the opposite direction from what traders believe.

The analysis was the essential one in trading,but many traders skip that step.They just check the current market,then they just inverse their money in the random coin.Some coin price may increase to 200% percentage from the base price in the bull run,but inverse the money in such a way of trading at the peak never give the trader the profit.Their will be bear market after the bull run was the market standard,So if they use their money to inverse at peak.At this position trader only loss due to the reverse market.

That is one of the market policies. You don't have to enter the market and start trading because you loss a lot nof money for the unprepared trading. And I have said this before there are two things you have to do before entering the trading market. Either you have an instructor who is guiding you when to enter the market or you are a professional trader that you know when to enter market. And two basic elements of trading are the stop lose and gain profit. If you know these two things then you are good to trade.

The unprepared trading was the blunder made by the trader at their initial trading volume.Because they will have huge money in the trading,the base money he had raised for the trading business.If they loss all their money in the process,then he could not make money from the trading business.

[AakZaki]

It may sound silly, even in spot trading we also need to place a stop loss. This is very helpful if the coin we are trading experiences a sharp decline. This is very possible considering that in crypto sharp increases and decreases of up to hundreds of percent can occur. And many cases occur which cause our balance to be completely drained.

The use of stoploss works everywhere in trading, this is a lifesaver for the balance and assets we have. when the price has touched the bottom price and we set the styoploss at a 10% decrease in the price, it will be better than having to lose more than 10%. that way when we want to come in we will get a cheaper price too.

[JoyMarsha]

Staying off is the best we can do, when not sure.

Staying off is the best we can do but will the appetite for not being greedy, not quitting until money lost is gotten back, allow us to stay off trading in a day? That's the problem because almost everyone has the zeal to keep on evolving in things that give them money even though they are winning or losing, they keep trying and drawing themselves close to it despite not mastering or figuring out their perfection at how to win always

[Captain Corporate]

Staying off being difficult is because people want to trade and make money, and sometimes they have to wait and see how it will go, and that doesn't really turn into anything marginal, and that causes some concern for people who do not trade for a while. I mean in order to make money, you need to trade, and that means you are going to end up with something that will benefit everyone when you trade, but there are times when you shouldn't trade at all, and that means during those times you are not profiting, this makes people anxious to go back to trading and that makes them lose money when they trade during the time they shouldn't. This is the main root of the problem.

[GiftedMAN]

Staying off is the best we can do, when not sure.

Staying off is the best we can do but will the appetite for not being greedy, not quitting until money lost is gotten back, allow us to stay off trading in a day? That's the problem because almost everyone has the zeal to keep on evolving in things that give them money even though they are winning or losing, they keep trying and drawing themselves close to it despite not mastering or figuring out their perfection at how to win always

Greediness is one of the problems we need to make sure that we tackle or else it might affect us later. It is very important that we work on ourselves for us to benefit and earn more in trading rather than looking for quick means to earn money from the market. The market is big and we can utilize every tools that is going to make us earn profits from the market depending on our knowledge and how we can go about things making it easier for us without much stress. Those that knows how to go about what they want without looking greedy would have a great achievements.

[lombok]

It may sound silly, even in spot trading we also need to place a stop loss. This is very helpful if the coin we are trading experiences a sharp decline. This is very possible considering that in crypto sharp increases and decreases of up to hundreds of percent can occur. And many cases occur which cause our balance to be completely drained.

The use of stoploss works everywhere in trading, this is a lifesaver for the balance and assets we have. when the price has touched the bottom price and we set the styoploss at a 10% decrease in the price, it will be better than having to lose more than 10%. that way when we want to come in we will get a cheaper price too.

Sometimes when we play spot it is often overlooked because we tend to think that if the price goes down we can just hold until the price goes up again. Is this wrong?

In long-term investments, if we are too early in making purchases and the potential for a price drop could also occur, does a stop loss also need to be implemented? Sometimes I personally will leave this alone and just keep it without giving a stop loss, because I am guided by long-term investments.

[kojektea]

being patient and consistent in taking consistent is my path. it must be in a calm state and with stable emotions. I believe this is very necessary in terms of trading. I won't have much theory in making decisions. If the coin's fundamentals are good, then in the frame that I usually use, it shows a signal, I won't think any longer, it's not a matter of analysis anymore, but you have to be confident in your decision and ready to bear the risks of all of those things. that is the best way in my opinion.

[justdimin]

It may sound silly, even in spot trading we also need to place a stop loss. This is very helpful if the coin we are trading experiences a sharp decline. This is very possible considering that in crypto sharp increases and decreases of up to hundreds of percent can occur. And many cases occur which cause our balance to be completely drained.

The use of stoploss works everywhere in trading, this is a lifesaver for the balance and assets we have. when the price has touched the bottom price and we set the styoploss at a 10% decrease in the price, it will be better than having to lose more than 10%. that way when we want to come in we will get a cheaper price too.

Stop loss is definitely something that could save someone's life if they know how to sue it. Just imagine being a luna investor and having a stop loss, back when luna went to near zero, you wouldn't lose your money and you would be able to sell it, whatever the amount was, they would have to first go through you to sell, because that is how it goes lower, and you need to end up with a sell.

That would protect you, you would be willing to sell at any point , even if it means lower than your stop loss, you would still find the first buyer and get out, that is how the system works, when it's your turn, the first buyer that is there at the ranks will be yours and you would be out. You may have 10% stop loss and sell at 20%, but at least not lose 99% that is the point.

[Questat]

...
Staying off is the best we can do, when not sure.

Well, it is a matter of choice and I agree with that. In fact, there is no reason to choose trading if we know that we can't perform it well and of course, why choose trading if we don't have knowledge and skill about it? Quit trading is not a cowardly action but was a great decision from someone who knows that he is in doubt. Because we can't compare ourselves and even seeing your friend become successful doesn't mean that you can be successful as well.

Many people commit mistakes by choosing trading which they don't even understand in the first place and much more if they are too lazy to study the market.

[gabbie2010]

It may sound silly, even in spot trading we also need to place a stop loss. This is very helpful if the coin we are trading experiences a sharp decline. This is very possible considering that in crypto sharp increases and decreases of up to hundreds of percent can occur. And many cases occur which cause our balance to be completely drained.

The use of stoploss works everywhere in trading, this is a lifesaver for the balance and assets we have. when the price has touched the bottom price and we set the styoploss at a 10% decrease in the price, it will be better than having to lose more than 10%. that way when we want to come in we will get a cheaper price too.

It's always advisable to plan a trade before entering the trade firstly calculate the amount of fund to be risked maximum of 5% thus the Stop loss should be placed below a Support zone or above a Resistance zone having calculated the entry price to the Stop Loss which mustn't be more than 5% while targeted take profit should be in the next Resistance or Support zone having considered the targeted reward which should be atleast 1:2 so whenever a stop loss is reached such a trade is cut out while account or portfolio would be protected likewise when price reached targeted take profit, however the trading strategy should be a working one.

[boty]

being patient and consistent in taking consistent is my path. it must be in a calm state and with stable emotions. I believe this is very necessary in terms of trading. I won't have much theory in making decisions. If the coin's fundamentals are good, then in the frame that I usually use, it shows a signal, I won't think any longer, it's not a matter of analysis anymore, but you have to be confident in your decision and ready to bear the risks of all of those things. that is the best way in my opinion.

When we are deciding something, of course we should not be in an emotional state because this will have a bad impact on the decision we will make and we will regret it because we made the decision not in a good condition. Yes, I agree with what you say, we have to be sure of what we decide, so it is very important that after making a decision, we can be responsible for the decision we have made.

[AicecreaME]

Trading is all about risk, therefore it is always unsure and unpredictable.

That's why we use technical analysis, or fundamentals in trading, whatever suites us best, we use it to predict the market, because again, we're unsure about it so we predict it over and over again to see if we're right or wrong about it. Staying off in trading is when our minds are clouded with mixed decisions, it is also being unsure what to do so you're right at some point.

[jaberwock]

...
Staying off is the best we can do, when not sure.

Well, it is a matter of choice and I agree with that. In fact, there is no reason to choose trading if we know that we can't perform it well and of course, why choose trading if we don't have knowledge and skill about it? Quit trading is not a cowardly action but was a great decision from someone who knows that he is in doubt. Because we can't compare ourselves and even seeing your friend become successful doesn't mean that you can be successful as well.

Many people commit mistakes by choosing trading which they don't even understand in the first place and much more if they are too lazy to study the market.

That is basically just people reaching for more than they could, nothing more. There are way too many people who reach for more than they could, and this is one of those cases, nothing more. I understand that we all want to have something that is marginally bigger and better, we all want more profit and we all want to get rich, some people think that trading is the way to get that when they are not even that good at trading, which results with them not doing all that well.

I get that it is going to be something that will change a lot in the future, we just need to make sure that we are dealing with something bigger and better. So, if we really want to get richer, we need to not act quickly, take our time, and do better eventually.

[HONDACD125]

When we are deciding something, of course we should not be in an emotional state because this will have a bad impact on the decision we will make and we will regret it because we made the decision not in a good condition. Yes, I agree with what you say, we have to be sure of what we decide, so it is very important that after making a decision, we can be responsible for the decision we have made.

Throughout your post you have mentioned more about decisions. In trading, one does not think so much about the decision, but rather about the market. Emotions do not play a role in trading, so this factor should be removed from the mind while trading. Whatever your decision is, it should be according to the market.

If you think the market is good as per your analysis and estimation, then you can definitely trade. The market may not necessarily go according to your estimation, and judgement, the market may go against our analysis. no one's guess is 100% accurate, so be prepared for other situations. The cryptocurrency market is a volatile market, where the market can go against us at any time.

[Bushdark]

Trading is all about risk, therefore it is always unsure and unpredictable.

That's why we use technical analysis, or fundamentals in trading, whatever suites us best, we use it to predict the market, because again, we're unsure about it so we predict it over and over again to see if we're right or wrong about it. Staying off in trading is when our minds are clouded with mixed decisions, it is also being unsure what to do so you're right at some point.

We need to know how to take risk as a trader, if not we could keep jumping from one platform to the other, jumping from one coin to the other. We can make money if we learn the trade very well especially from people that are guru in trading.
Tye best decision we can take and make for ourselves is to learn how to trade from people that have results and are ready to teach us how to trade. After learning them we can start making money from the market by utilizing the skill we have learnt.

[gunhell16]

As long as trading is concern, it's very essential you have a guideline rules you follow while trading, and one of those rules is not trading when not sure of the market.
As simple as it may sound, it's very difficult to abide by it.

A good and Skill trader must know that in other to stay long and profitable in the market,
it very important we know when to stay off the market,
there are always opportunities in the market,
so why risk your capital
 when you are not sure
of your analysis or the market is in an awkward situation like consolidation from the 4hrs timeframe? When there is no clear direction and confirmation of the next move the market is trying to take.
The best we can do is to stay off, the most important thing is for us to be profitable, even if we have to trade once in  a week , it's better than losing, it's better that our account is intact than blowing it.

Staying off is the best we can do, when not sure.

This is what I have mentioned several times in some of my posts not to do trading when you feel insecure, this is if you value every single cents of capital that you will use in crypto assets regardless of it.

Now, if you or we know that you already know how to get a profit in trading, there is no reason for us to feel uneasy about the trading we will do because we know what to do inside the trading platform to get of profit. And that will happen through tool indicators.

[tjtonmoy]

Don't make a decision when you don't have to. That's the main principle to avoid risks while trading. I got the clear idea what you are trying to say as I have faced it many times in the past. You see, when you are trading you use many strategy, calculation and analysis of the market. But because of you can't control your emotion you make decision that are not meant to be made. Just stick to the strategy and follow it till the end. Don't make any decisions based on your assumptions.

And when the market is moving crazy or not moving at all and the future outcome to be either negative or positive. In short, when you don't know the future of the market, it is better to just stay out of it. Opportunities will come again eventually. Just wait for it to happen.

[wiss19]

As long as trading is concern, it's very essential you have a guideline rules you follow while trading, and one of those rules is not trading when not sure of the market.
As simple as it may sound, it's very difficult to abide by it.

There is no sure in trading, because what traders do is to analyze as best as possible what will happen in the market so that they know the decisions to be taken and all possibilities can happen whether it ends up being in accordance with the analysis or vice versa because what traders can do is only analyze, not influence the market according to what what is believed, so if traders only take actions based on whether they are sure or not sure then they will not move in trading because no matter how confident they are the market can still move in the opposite direction from what traders believe.

I think he knows this already but maybe what he mean is if we are confused, or we are experiencing a mental block. If that is the case, then it's better to not trade first, but we can relax for a while and I'm sure our head will be cleared out and our thinking will be straight again later on.

That is the time for us to come back trading. I know we can still lose but at least we can eliminate the regrets this way. Given that there is no assurance in trading, we are like a fool then for doing analysis and believing that it actually work? When the truth is it can be our luck that really help us to make a profit. The same thing can go in gambling. Oh well, at least they can spice things up right? Hehe.

[Bushdark]

That is one of the market policies. You don't have to enter the market and start trading because you loss a lot nof money for the unprepared trading. And I have said this before there are two things you have to do before entering the trading market. Either you have an instructor who is guiding you when to enter the market or you are a professional trader that you know when to enter market. And two basic elements of trading are the stop lose and gain profit. If you know these two things then you are good to trade.

There are so many decisions we can take to make sure that we don't become a fool in trading. Making people still makes the same mistake over and over again without checking out how to avoid them. The market is very risky and we must try every approach to make sure that we don't keep losing in the market as traders. We need to define our problems so that we can look for a better approach to solve then. The better we take drastic decisions to eliminate the problem, the better we are going to be.

[wxa7115]

That is one of the market policies. You don't have to enter the market and start trading because you loss a lot nof money for the unprepared trading. And I have said this before there are two things you have to do before entering the trading market. Either you have an instructor who is guiding you when to enter the market or you are a professional trader that you know when to enter market. And two basic elements of trading are the stop lose and gain profit. If you know these two things then you are good to trade.

There are so many decisions we can take to make sure that we don't become a fool in trading. Making people still makes the same mistake over and over again without checking out how to avoid them. The market is very risky and we must try every approach to make sure that we don't keep losing in the market as traders. We need to define our problems so that we can look for a better approach to solve then. The better we take drastic decisions to eliminate the problem, the better we are going to be.

Making mistakes while we trade is inevitable since no one is perfect, but it is inexcusable to make the same mistakes over and over again, and this is exactly what happens to most traders that are long term losers, they never really stop to think about what they are doing or if that is the best way to go about it.

So they make all kind of mistakes thinking that at the end it does not matter as everyone is making mistakes anyway, but what they do not seem to realize is that the rate at which they make those mistakes is many times higher than what you could find expert traders making.

[TheUltraElite]

Now, if you or we know that you already know how to get a profit in trading, there is no reason for us to feel uneasy about the trading we will do because we know what to do inside the trading platform to get of profit. And that will happen through tool indicators.

Being unsure about market movements is common but with a long term position it becomes clear. Like I can buy at 10k USD and I know that in the next year or so it will cross 20k USD. But things may not be so clear if you are going for the short term.

So analysis dont always work out, after all TA is a pseudo-science is is only an indicator to predict the outcome, the opposite is correct in 50% cases too. But buying low and selling high is not that difficult to comprehend. You would not be buying at 50k USD considering the correct price but you would want to buy at 40k or 50k USD.

[Kelward]

A good and Skill trader must know that in other to stay long and profitable in the market,
it very important we know when to stay off the market

This is right. Traders should not be greedy. As traders is winning during the day, he may be greedy and wants to win more. But at the end, he may find himself losing overall before the day is over. Also if a trader is losing, they should have a limit to their loss, once the limit is exceeded, they should stop trading. Losing is when traders are vulnerable to lose more.

Sometimes, a trader can be sure of the market, enter the market and the market will go in the opposite direction against the position opened by the trader. It is good for traders to know that they should not trade with the money that they can not afford to lose.

I think that it should be an ever green advice in cryptocurrency trading "trade with an amount you can afford to loose", because of the uncertainties that sorounds crypto trading, because despite your analysis skills, you can still experience loses at the end of the day. Very important also to know when to stop and call it quit for the day, so you'll be better refreshed and prepared for another day, this is why especially newbies should set a limit for loses to minimize going on and on and keep losing. Important tip to note again is not to be greedy, after experiencing winnings, it's best to also know when to set the limit and call it a day, because the winnings can fast become loses.

[Mauser]

As long as trading is concern, it's very essential you have a guideline rules you follow while trading, and one of those rules is not trading when not sure of the market.
As simple as it may sound, it's very difficult to abide by it.

I fully agree with you, if we don't know the direction of the market it's better to take a break than to force another trade. It was one of my early trading mistakes to think that I always had to trade to make a profit. Many beginners in trading have the same problem to overtade, which leads to very high transaction cost taking away most of the profit. It takes time and experience to learn the patience to first evaluate the markets correctly and then trade. Profit can also be made by not trading, when we avoid bad trades we are not losing money and trade more in the future again. I think every trader develops his own guidelines overtime and it's good to change them from time to time, after we gained more experience.

[Japinat]

Know the perfect time to trade, and get rid of trading when you think there are low probability to be in profits. That way, you will minimize the risk from losing, and you will maximize your potential profits once you trade only when the market is impressive to trade. Trading should not be made on a daily basis, most especially when your funds are tight and when the market is not favorable to trade. Because if you resort into overtrading, you will gain more losses than profits, not just for beginners but even for seniors as well.

Knowing when to trade and when not to is very important, otherwise if you keep trading and constantly seizing the market opportunities even when its not applicable to, you will never have a successful trading and you would only resort into regretting and blaming yourself for your consistent losses.

[wxa7115]

As long as trading is concern, it's very essential you have a guideline rules you follow while trading, and one of those rules is not trading when not sure of the market.
As simple as it may sound, it's very difficult to abide by it.

I fully agree with you, if we don't know the direction of the market it's better to take a break than to force another trade. It was one of my early trading mistakes to think that I always had to trade to make a profit. Many beginners in trading have the same problem to overtade, which leads to very high transaction cost taking away most of the profit. It takes time and experience to learn the patience to first evaluate the markets correctly and then trade. Profit can also be made by not trading, when we avoid bad trades we are not losing money and trade more in the future again. I think every trader develops his own guidelines overtime and it's good to change them from time to time, after we gained more experience.

Traders often look for ways to know when it is the best time to trade, however very rarely they will wonder when not to trade, which paradoxically is even more important than knowing when to trade, because if you can avoid the worst market conditions then you will only trade when the market conditions are favorable or neutral, making your job as a trader many times easier.

While at the same time you reduce the number of taxable events and the fees you pay, which in my mind it should make reducing the number of trades you make a priority for most traders.

[Onyeeze]

The thing that makes people to act the way they like in trading is because in trading it have to do with understanding and it's not something that have to do predictions, you most acquire the skills of trading before you can operate positively in trading or else what you do in trading is to learn and understand the basic things that makes people not to lose and also the things as well that makes people not to understand the basics concerns of trading that leads for the benefit and profits of trading, so what makes people to lose or run into loss in trading is for them not to understand the basics of trading

[|MINER|]

One of the hallmarks of trading is taking action based on the market.  You should definitely not trade when the market is volatile.  Greed and haste never bring anything good. Even after realizing that the market is not good, if someone creates greedily, it is natural that he will lose everything. But it is very difficult to accept it.  Greed is always difficult to deal with.  But it is not impossible anymore.  It is better to be satisfied with little than to lose everything.  No one will necessarily risk their capital.  When the market is volatile and there is no certainty one should stay away from the market or be left with nothing but regret if all goes wrong.

[boyptc]

so what makes people to lose or run into loss in trading is for them not to understand the basics of trading

And they go quickly to trade because they think it is easy as what is told by the influencers.

That's where it is becoming wrong when they always watch all of those contents believing that everything on this market is so easy. But they don't realize that they're doing it wrongly for having that belief and dependence on them.

It's wrong to think that everyone can succeed in trading. I'd believe with investing but with trading, it doesn't fit everyone's patience.

[Rockstarguy]

As long as trading is concern, it's very essential you have a guideline rules you follow while trading, and one of those rules is not trading when not sure of the market.
As simple as it may sound, it's very difficult to abide by it.

The rules of trading can't be taking for granted, it something that must be followed.  Trading is complicated and risky and entering the market when one is not sure about the market is a risk that anything can happen.  Trading is not something people needs to do with a guess work, trying to see if it will work or not, one needs to be sure of every step taking concerning trading.

Their are lots of rules to be follow to make trading successful,  it is important traders take their time to know them better which will be as a guide to be profitable in trading.

[wxa7115]

And they go quickly to trade because they think it is easy as what is told by the influencers.

That's where it is becoming wrong when they always watch all of those contents believing that everything on this market is so easy. But they don't realize that they're doing it wrongly for having that belief and dependence on them.

It's wrong to think that everyone can succeed in trading. I'd believe with investing but with trading, it doesn't fit everyone's patience.

The lack of common sense that some people have surprises me, even when I was a newbie many years ago I never considered that trading or investing will be easy at all, because if you think about it, you will realize that when you are trading you are competing against every one else.

But this means that unless your execution is above what most traders can show in a consistent basis, then making money on the markets should be impossible for you.

[Best-mary]

As long as trading is concern, it's very essential you have a guideline rules you follow while trading, and one of those rules is not trading when not sure of the market.
As simple as it may sound, it's very difficult to abide by it.

A good and Skill trader must know that in other to stay long and profitable in the market,
it very important we know when to stay off the market,
there are always opportunities in the market,
so why risk your capital
 when you are not sure
of your analysis or the market is in an awkward situation like consolidation from the 4hrs timeframe? When there is no clear direction and confirmation of the next move the market is trying to take.
The best we can do is to stay off, the most important thing is for us to be profitable, even if we have to trade once in  a week , it's better than losing, it's better that our account is intact than blowing it.

Staying off is the best we can do, when not sure.

When I'm not sure of the market, such as now due I the volatility that will be flooding in due to the ETF stuff, what I do is use a risk-free strategy to trade in the market. I usually use Dual Investment. I think that is best for me

[Zigabel]

As long as trading is concern, it's very essential you have a guideline rules you follow while trading, and one of those rules is not trading when not sure of the market.
As simple as it may sound, it's very difficult to abide by it.

Staying off is the best we can do, when not sure.

I don't really support or advice people to trade cryptocurrency but then if you find it lucrative enough with much care and good risk management you could trade well and make some good fortune off it. Staying true to your strategy or rules like you did called it is something we must learn to take serious while trading because that has a lot to do with how profitable we can be amidst trading, but if we fail to stick to these rules we may get messy trading more often than we should have normally.

Not trading when you don't figure out a good Market condition to trade is a very vital and essential rule we must follow to trade because definitely you can be profitable at all times in the market and the market definitely doesn't avail you opportunity All the time.

[bitgolden]

And they go quickly to trade because they think it is easy as what is told by the influencers.

That's where it is becoming wrong when they always watch all of those contents believing that everything on this market is so easy. But they don't realize that they're doing it wrongly for having that belief and dependence on them.

It's wrong to think that everyone can succeed in trading. I'd believe with investing but with trading, it doesn't fit everyone's patience.

The lack of common sense that some people have surprises me, even when I was a newbie many years ago I never considered that trading or investing will be easy at all, because if you think about it, you will realize that when you are trading you are competing against every one else.

But this means that unless your execution is above what most traders can show in a consistent basis, then making money on the markets should be impossible for you.

That is true, but while you are competing with everyone else, you are also working together with them, which makes it easier at times. What I mean is that, while you may have faced people who are on the other side trying to bring you down, you are not alone on your side neither.

Let's assume that you want to buy because it will go up, there will be some people who will sell to make it go down, these are the people you are competing against that's true, but there will be some people who will buy just like you did as well, these are the people you work with. At times the side you are on could be bigger and that means you are going to do great, and usually that ends up being the situation during bull runs, making things easier.

[mirakal]

Now, if you or we know that you already know how to get a profit in trading, there is no reason for us to feel uneasy about the trading we will do because we know what to do inside the trading platform to get of profit. And that will happen through tool indicators.

Being unsure about market movements is common but with a long term position it becomes clear. Like I can buy at 10k USD and I know that in the next year or so it will cross 20k USD. But things may not be so clear if you are going for the short term.

So analysis dont always work out, after all TA is a pseudo-science is is only an indicator to predict the outcome, the opposite is correct in 50% cases too. But buying low and selling high is not that difficult to comprehend. You would not be buying at 50k USD considering the correct price but you would want to buy at 40k or 50k USD.

Unfortunately, people are not patient enough to wait for profits in long term, as most often they become eager to gain quick profits and just sell whenever they feel like profiting. That’s why a lot of traders end up losing and quit trading not because they don’t have the skills to trade, but for obvious reason, they don’t have what it takes to be a patient trader.

While investing requires patience, much more for trading as you need to analyze the market well before you decide to take risk in trading. When you think that the market is not favorable to trade, then it’s better to delay trading rather than seeing your capital lost in a sudden.

[lienfaye]

As long as trading is concern, it's very essential you have a guideline rules you follow while trading, and one of those rules is not trading when not sure of the market.
As simple as it may sound, it's very difficult to abide by it.

Hard to abide if you're not certain yet you are eager to try because of profit. Lacking of plan and strategy can cause losses especially if you are just guessing. It's important that you know what you're doing and has confidence rather than trying to trade without an idea since you just want to go with the flow.

The best we can do is to stay off, the most important thing is for us to be profitable, even if we have to trade once in  a week , it's better than losing, it's better that our account is intact than blowing it.

Regardless of how much you earn, what matter is you still gain and that's the goal. Therefore, don't mind if you are just doing it once a week (or rarely). As long as you profit when you trade, then that's a good progress.

[Jegileman]

As long as trading is concern, it's very essential you have a guideline rules you follow while trading, and one of those rules is not trading when not sure of the market.
As simple as it may sound, it's very difficult to abide by it.

Do not trade while you’re too excited and do not trade while you’re sad. Those two times are very bad for any trader to go into the market. Only enter the market when you’re sure of your analysis and you’ve seen more than 80% reason to why the market will go in your favour. A lot of loss occurring while trading are due to lack of negligence of the basis of the trading market, when one get too confidence of the market and continue winning without giving him or herself a target for the day to exit the market, they can lose all they’ve earned for that day because of greed. Have a rule that works best for you about trading and do not break the rule by yourself no matter how hard it will be to follow the rules.

[Kelvinid]

One of the hallmarks of trading is taking action based on the market.  You should definitely not trade when the market is volatile.  Greed and haste never bring anything good. Even after realizing that the market is not good, if someone creates greedily, it is natural that he will lose everything. But it is very difficult to accept it.  Greed is always difficult to deal with.  But it is not impossible anymore.  It is better to be satisfied with little than to lose everything.  No one will necessarily risk their capital.  When the market is volatile and there is no certainty one should stay away from the market or be left with nothing but regret if all goes wrong.

The volatility of the market is the reason why traders grown and encourage people to join. But if we have that greediness inside, it only leads to failure and losses. Those who do not know contentment in life, especially in trading never succeed. I have had that experience before, I'd never sell my coins seeing that the trend is going high but a sudden drop is very inevitable making me miss the chance. We can't really underestimate the volatility of the market and I learn that earning just a few $$$ in every close trade is enough.

[wxa7115]

As long as trading is concern, it's very essential you have a guideline rules you follow while trading, and one of those rules is not trading when not sure of the market.
As simple as it may sound, it's very difficult to abide by it.

Do not trade while you’re too excited and do not trade while you’re sad. Those two times are very bad for any trader to go into the market. Only enter the market when you’re sure of your analysis and you’ve seen more than 80% reason to why the market will go in your favour. A lot of loss occurring while trading are due to lack of negligence of the basis of the trading market, when one get too confidence of the market and continue winning without giving him or herself a target for the day to exit the market, they can lose all they’ve earned for that day because of greed. Have a rule that works best for you about trading and do not break the rule by yourself no matter how hard it will be to follow the rules.

Trading is already hard enough even when you are in your best shape, trying to do so when this is not the case is just a recipe for disaster, since it does not really matter what is the cause for you to be on that state, like being sick, upset, insomnia or suffering a hangover.

What matters is that you cannot really perform to the best of your abilities, and while you are in that state there are many other traders that are at the top of their game, and when that happens the best thing you can do is to not trade that day.

[KingsDen]

As long as trading is concern, it's very essential you have a guideline rules you follow while trading, and one of those rules is not trading when not sure of the market.
As simple as it may sound, it's very difficult to abide by it.

A good and Skill trader must know that in other to stay long and profitable in the market,
it very important we know when to stay off the market,
there are always opportunities in the market,
so why risk your capital when you are not sure
of your analysis or the market is in an awkward situation like consolidation from the 4hrs timeframe? When there is no clear direction and confirmation of the next move the market is trying to take.
The best we can do is to stay off, the most important thing is for us to be profitable, even if we have to trade once in  a week , it's better than losing, it's better that our account is intact than blowing it
Staying off is the best we can do, when not sure.

You have made a very clear point which I think that every trader should consider put it into practice, but I will have to point out something maybe it could be a grammatical error that made the meaning of the whole sentence to change. You said that a trade that should not enter into the market when he is not sure. But I can confidently tell you that no trader is everly sure of the market because the nature of the market makes it to be that no one is sure about the direction of the market. If anyone could be sure of the market at any given time it is no longer trading, I will  just wait at a particular time and put my money and take profit. We should rather use the statement that a thread that should not enter into the market when there is no clear direction or when his strategy does not permit that he should enter the market. Do not be first to enter the market because you have some financial needs that you need to sort out that is one of the things that I get wrong and every time I enter the package because I want to make some financial expenses it does not end well.
Meanwhile, every trader should come to the reality that they will either lose or win so if you only have the mindset of winning while trading you would get it wrong and all your decisions will not be in tandem with the market. As the topic creator have said, there is always an opportunity to enter the market so while haste and waste your money when there is no clear opportunity to enter the market. Patience is a virtue and anyone who intends to be a trader must possessed the attribute of being patient and also the ability to control their emotion. If you are sure of your strategy even when the market is against you maintain the strategy and when you lose you will be proud that they'vs applied your strategy and it failed. You will tend to develop another strategy.

[bitLeap]

As long as trading is concern, it's very essential you have a guideline rules you follow while trading, and one of those rules is not trading when not sure of the market.
As simple as it may sound, it's very difficult to abide by it.

Do not trade while you’re too excited and do not trade while you’re sad. Those two times are very bad for any trader to go into the market. Only enter the market when you’re sure of your analysis and you’ve seen more than 80% reason to why the market will go in your favour. A lot of loss occurring while trading are due to lack of negligence of the basis of the trading market, when one get too confidence of the market and continue winning without giving him or herself a target for the day to exit the market, they can lose all they’ve earned for that day because of greed. Have a rule that works best for you about trading and do not break the rule by yourself no matter how hard it will be to follow the rules.

Trading is already hard enough even when you are in your best shape, trying to do so when this is not the case is just a recipe for disaster, since it does not really matter what is the cause for you to be on that state, like being sick, upset, insomnia or suffering a hangover.

What matters is that you cannot really perform to the best of your abilities, and while you are in that state there are many other traders that are at the top of their game, and when that happens the best thing you can do is to not trade that day.

The point that should not be forgotten in my opinion is risk management, yes we must stop when we have touched the limit of the loss we set at the beginning, and then profit management, we must also stop immediately when we have reached the profit we set at the beginning. We must not be dissolved in greed, I cannot deny that when experiencing profits in the mind there is always an urge to continue trading and that is where disaster will actually come to us, because it can be said that at that time we are being controlled by greed which encourages us to get even greater profits. This is actually more difficult to control, because we think we have made a profit and sometimes think "there is nothing wrong with being able to get even more profit".

[Banyduge]

That will be a good decision if you are new to trading or basically a newbie. But a skilled trader is the one who analyses all the possibilities and trade in whatever the condition of the market is. Yes as you trade more, you will gain more experience and hence you will be more confident. For this reason, I always advise people to trade with demo account in order to get acquainted with the market conditions. Once you feel confident and learn various strategies on various situations, trade in the real market and make profit.

[justdimin]

The volatility of the market is the reason why traders grown and encourage people to join.

Yup, the volatility of the market is what excited me too when I started trading crypto. For someone who is doing stock trading previously, the crypto market is very exciting. Volatility can be your friend only when you are strong in TA otherwise its excitement will trash you down.

if we have that greediness inside, it only leads to failure and losses.

I think everyone is greedy but some are sensible while others are emotional. When you are within your pre-determined plans which includes strict stop-loss, I believe that you will be always safer.

I have had that experience before, I'd never sell my coins seeing that the trend is going high but a sudden drop is very inevitable making me miss the chance. We can't really underestimate the volatility of the market and I learn that earning just a few $$$ in every close trade is enough.

That's what I mean right there. Holding for too long is a clear example of your emotions getting into trading and it will more often lead to losses. I bought Luna when it was $50 and watched it go all the way to about $200. Then came the infamous fiasco where we know it turned into dust but I never sell when the price dropped to $100 or even 50 because of my emotions not letting me sell it.

[shawonngp]

That will be a good decision if you are new to trading or basically a newbie. But a skilled trader is the one who analyses all the possibilities and trade in whatever the condition of the market is. Yes as you trade more, you will gain more experience and hence you will be more confident. For this reason, I always advise people to trade with demo account in order to get acquainted with the market conditions. Once you feel confident and learn various strategies on various situations, trade in the real market and make profit.

Yes, demo trade is the best way to practice trading for the beginner. because when you learning strategies and technical analysis about trading then if you can try with demo account i am sure you feel more confident to start trading in real account. Newbie always confused to start trading with real account then they loss money very quickly.

[wtsimis]

Although the decision is completely on one's own, in some cases someone else has to be followed in particular.  For example, suppose you have a certain amount of money to invest.  If you invest in a token using the DCA method for a long time and stay away from the market for a long time, I definitely think you will get a good return.  You need to invest for a long period of time to earn profit from trading.  Investing in a short period of time becomes risky.  Moreover, after investing, if your thinking is on trading, it will harm you both physically and mentally.  So I would say invest and move for long term.

[edy_58]

That will be a good decision if you are new to trading or basically a newbie. But a skilled trader is the one who analyses all the possibilities and trade in whatever the condition of the market is. Yes as you trade more, you will gain more experience and hence you will be more confident. For this reason, I always advise people to trade with demo account in order to get acquainted with the market conditions. Once you feel confident and learn various strategies on various situations, trade in the real market and make profit.

Yes, demo trade is the best way to practice trading for the beginner. because when you learning strategies and technical analysis about trading then if you can try with demo account i am sure you feel more confident to start trading in real account. Newbie always confused to start trading with real account then they loss money very quickly.

Using a demo account is indeed one way to train ourselves in trading because we don't understand anything about trading, of course we have to try it first with a demo account, after that we will be able to understand well how to analyze the market and trading strategies that we can use when trading on a real account, when trying to trade on a real account of course we have to be very careful so that we don't do it greedily so it is very easy to experience losses in trading.

[Ricardo11]

Trading is one thing where a small mistake can cost you all your money. If you trade without certainty in that place, you are most likely to lose your money. We should always be sure and then trade. Opportunities will definitely come in the market, it is not that the market will never come and we have to trade with uncertainty. There will definitely be an opportunity in the market, either now or later. But we always have to be sure and then trade.

[cryptoWODL]

Trading is one thing where a small mistake can cost you all your money. If you trade without certainty in that place, you are most likely to lose your money. We should always be sure and then trade. Opportunities will definitely come in the market, it is not that the market will never come and we have to trade with uncertainty. There will definitely be an opportunity in the market, either now or later. But we always have to be sure and then trade.

Trading is not easy. Moreover, not everyone can be successful in trading if he has no experience in trading. This is why newbies need to acquire a lot of knowledge about trading so that when they start trading any coin, they never lose from that trading. In the initial stage when newbies learn about trading they need to practice that trade learning over and over again and apply it accordingly then they can learn trading quickly. Anyone who wants to get profit from investment should continue it for a long time otherwise it is wrong to expect good profit from business or investment

[EarnOnVictor]

That will be a good decision if you are new to trading or basically a newbie. But a skilled trader is the one who analyses all the possibilities and trade in whatever the condition of the market is. Yes as you trade more, you will gain more experience and hence you will be more confident. For this reason, I always advise people to trade with demo account in order to get acquainted with the market conditions. Once you feel confident and learn various strategies on various situations, trade in the real market and make profit.

Trading is only good if we are good at it, and could be so frustrating if we are not good at it. What makes the difference is how we are inclined to it. Some will not know about trading at all or much but would want to make the best out of it which I see as not possible. That is why te first thing to do by any newbie in trading or the traders facing challenges is to learn, and this takes time. It requires much training and persistence of the trader, and this could even take years. And just like you said, good demo training is very important, this is not always available in crypto exchanges for bad reasons, but still, we should find a way to use it as it is the best in making sure that we learn any strategy possible, build our trading system and plans, and afterwards move to a live trading account.

Even if you are having issues later, you might still abandon the live account and move back to the demo to train better. Or at times when you want to just practice a new strategy, you can use the demo as it is virtual and you will lose nothing training with it. But one must be sure to train their psychology in trading too, this is what the demo account is lacking to teach you as it is such that is technically risk-free, which is why we should find a way to be serious with it and also train in that regard. And if the experience is fully gained, no one will tell you, you will know through your trading handling, but if you are still lacking, just move straight back to the training as this is important before more money is lost easily.

[lixer]

Trading is one thing where a small mistake can cost you all your money. If you trade without certainty in that place, you are most likely to lose your money. We should always be sure and then trade. Opportunities will definitely come in the market, it is not that the market will never come and we have to trade with uncertainty. There will definitely be an opportunity in the market, either now or later. But we always have to be sure and then trade.

Well, if you can't learn from that small mistake, you are definitely going to end up like that. Another thing is when you trade in full amounts. Trading is a mental game so indeed that we need a certainty or clarity in order for us to trade effectively. Despite doing an analysis, we still can't accurately predict the market but it's important to be sure or confident about your decisions so that you won't or you will only regret less.

If there are doubts that we feel, the best decision that we can make is to not trade until we are ready. The trading markets doesn't sleep, so opportunities are always there but it's still up to us if how we are performing.

[Russlenat]

While it’s a good advice for novice traders, but for professional and skillful traders, trading even when the market is not suitable to trade usually becomes a challenge for them to test on how far they can go with their trading abilities. So instead of backing off from the market, they chose to stay still and challenge theirselves. Of course, since they’re professionals, winning their trades is not that hard but to be clear to everyone, even professional traders cannot guarantee all time profits from trading.

[Vaculin]

While it’s a good advice for novice traders, but for professional and skillful traders, trading even when the market is not suitable to trade usually becomes a challenge for them to test on how far they can go with their trading abilities. So instead of backing off from the market, they chose to stay still and challenge theirselves. Of course, since they’re professionals, winning their trades is not that hard but to be clear to everyone, even professional traders cannot guarantee all time profits from trading.

It is how professional trader adapts to the situation and can still manage and retain their strategies despite the hard situation of the market. They remain calm and easy but for newbies, emotions quickly arise, and then can't think of the right thing to do. Traders must remain plain and focused no matter what happens, and most of all, we don't let our emotions influence our minds. However, we can't hide the fact that losses may happen to us due to the volatile situation of the market but at least, we know how to handle the situation and stay strong.

[tygeade]

Trading is one thing where a small mistake can cost you all your money. If you trade without certainty in that place, you are most likely to lose your money. We should always be sure and then trade. Opportunities will definitely come in the market, it is not that the market will never come and we have to trade with uncertainty. There will definitely be an opportunity in the market, either now or later. But we always have to be sure and then trade.

Well, if you can't learn from that small mistake, you are definitely going to end up like that. Another thing is when you trade in full amounts. Trading is a mental game so indeed that we need a certainty or clarity in order for us to trade effectively. Despite doing an analysis, we still can't accurately predict the market but it's important to be sure or confident about your decisions so that you won't or you will only regret less.

If there are doubts that we feel, the best decision that we can make is to not trade until we are ready. The trading markets doesn't sleep, so opportunities are always there but it's still up to us if how we are performing.

That's right, doubt is the profit killer and when you are in doubt you should stay away from all of this and just focus on what you could make from periods when you are sure. It's clear that we are going to make some money when we have trust in the market, that would make more sense.

I personally trade only when I think I am going to win, I have the trust in the situation and I trade based on that. Doesn't mean that you will make money each time that happens, of course that may not happen as well, but you need to be careful about it one way or another. I understand that trust could still lose, but doubt will definitely lose and trust would at least have a possibility that you could make some money eventually one way or another.

[Gormicsta]

So far, the best decision I can make is to recognize and manage the risks associated with trading. This includes things like setting prevent losses and ensuring that you do not take on too much risk. Knowing how to manage risk additionally contributes to decreasing fear of trading since you will know that you have an arrangement in place to safeguard yourself. Also, I'm educating myself by learning or doing as much research as I can and asking questions to those who have been there before me, which means individuals who have done the best and already understand what's involved.

[adpinbr]

There’s no reason to go into Trading when you are not sure of the market I haven’t seen someone doing this for a long time something that you are not sure of you know that the market is not going to be favorable to you and you still go into market that is wrong, so I don’t see anyone doing this Unless you are already on trading, and the market starts to go down in the other side, maybe someone introduced you to go into a new trades that you are not sure of that is a different case so that is no point for  someone going to market when you are not sure

[Natalim]

There’s no reason to go into Trading when you are not sure of the market I haven’t seen someone doing this for a long time something that you are not sure of you know that the market is not going to be favorable to you and you still go into market that is wrong, so I don’t see anyone doing this Unless you are already on trading, and the market starts to go down in the other side, maybe someone introduced you to go into a new trades that you are not sure of that is a different case so that is no point for  someone going to market when you are not sure

There is no harm in trying, that is exactly where we/I start. But of course, we don't just think that we are trying but rather think that we can be a good trader.

Well, It is very understandable how volatile is the market which makes us think that trading is not easy. But sometimes we need to forget about it (hard/difficult), we go for a solution and the best thing possible we can do to minimize risk. That is why we need to exert effort in learning and spending time analyzing the market as this is the least possible thing we can do to have a successful trading journey.

[BD Technical]

I have made a decision in my life that I have come to think of and that is to not trade outside.  Because if you don't understand the trade outside you are 99 percent Oscar likely because if you don't understand it you are working with other people's signals.  In fact as it is now the line train brings good profit but if you do not understand it will not come if you treat if you can preserve you or your finance.  But one thing came in my life that is when I invested in bitcoin because I got good profit in 2021 by investing in bitcoin.  I am hopeful that if anyone is investing now or if you want to do so in the future, how can you get bitcoins, with the price of bitcoin currently rising a lot.

[Lantind]

There’s no reason to go into Trading when you are not sure of the market I haven’t seen someone doing this for a long time something that you are not sure of you know that the market is not going to be favorable to you and you still go into market that is wrong, so I don’t see anyone doing this Unless you are already on trading, and the market starts to go down in the other side, maybe someone introduced you to go into a new trades that you are not sure of that is a different case so that is no point for  someone going to market when you are not sure

If we are not sure about market conditions, of course we don't have to try to make a trade which will indeed have a risk of losses that we can get from the trade and it would be better for us to postpone making a trade until we are sure of the market conditions and we can analyze it carefully. It's good to be able to trade, in my opinion listening to other people's advice in trading is not the right choice if that person's advice doesn't match the knowledge we have and if the advice that other people give is in line with the knowledge we have then there's no harm in following that advice.

[bettercrypto]

As long as trading is concern, it's very essential you have a guideline rules you follow while trading, and one of those rules is not trading when not sure of the market.
As simple as it may sound, it's very difficult to abide by it.

A good and Skill trader must know that in other to stay long and profitable in the market,
it very important we know when to stay off the market,
there are always opportunities in the market,
so why risk your capital
 when you are not sure
of your analysis or the market is in an awkward situation like consolidation from the 4hrs timeframe? When there is no clear direction and confirmation of the next move the market is trying to take.
The best we can do is to stay off, the most important thing is for us to be profitable, even if we have to trade once in  a week , it's better than losing, it's better that our account is intact than blowing it.

Staying off is the best we can do, when not sure.

I agree with what you just said. The guidelines are like a map to see where you are sailing to the destination you want to go to. The others ignore it, hear it, or someone just tells them they feel that the poor idea they know is that they already know too much, so the end result is a loss or a loss of their capital investment.

That's what others are blessed with who get wise right away, who know how to listen and learn the basics first, because they thought they could do it with a shortcut. There is no such thing here in the crypto trading industry.

[Zanab247]

There’s no reason to go into Trading when you are not sure of the market I haven’t seen someone doing this for a long time something that you are not sure of you know that the market is not going to be favorable to you and you still go into market that is wrong, so I don’t see anyone doing this Unless you are already on trading, and the market starts to go down in the other side, maybe someone introduced you to go into a new trades that you are not sure of that is a different case so that is no point for  someone going to market when you are not sure

It always happen to new traders because, they lack potential skills when to trade in the market to remain profitable at the end, when you have the skills before going into crypto trading, you must know when to take profits from the market and when not to trade not to regret after trading which are some of the things every traders must maintain through out their trading.

Never you take such decision to trade when you know there is a bear run in the market, unless you want to trade your coins to experience loses so that other new traders will learn from your mistakes so that they will always focus on bull run to trade to be profitable all the time.