Wait for the right set-up

[Roggeredek]

There is no such thing as 100% percent in trading, the same way you will gain here, the marketplace will force you to lose in the same way. Because when you make a lot of profit, you open a large trade, then the market will make you lose. If you survive wisely here in the market you can survive long. Besides, you can never last long in the market. How many dollars will you lose per day and how many dollars will you profit per day. Be sure to identify these limitations.

[AnonBitCoiner]

Don’t chase your losses because you will only lose more, but chase for more trading knowledge and experience so you can win your trades. Trading is like gambling, the challenge to win and be in profits is always high, but sometimes all we need to do is just wait for the right timing and set -up to trade so that we can lessen the chances of losing and increase the potentials of making profitable trades.

If someone loses in trading then they don't learn to minimize these mistakes but they are in struggle to accumulate more money to recover their loss but recovering your loss is not easy without learning about your mistakes. Complete knowledge is very much necessary and because of this knowledge trading is different from gambling but if someone trades without knowledge then there remains no difference between trading and gambling as a result of which you will just lose your money.

Trading needs more consciousness and if you don't give time to knowledge then there are more chances to lose your trade instead of getting success in it. Sometimes you are using accurate knowledge but the market is not in your favor due to which you lose money so I think not just knowledge but making trade on accurate timing is also necessary.

[Zanab247]

People actually don't know how important it is to wait for the right set-up, some traders think that the more you trade the more money you make which is very much unlikely, trading doesn't work like that, you might make a lot of money from 5 to 7 trades, and use just only one trade to lose everything including your initial magin.

Not that people don't know how to wait for the right set up, just that they are comfortable with the little profits they are earning from the trading, not knowing that they can earn more than what they are earning from the short term trading.

There are some people that like long term trading, but base some financial issues surrounding them, it will be difficult for them to wait for bull run before they can trade and it will make many things happen that will make people to mock at them, which are the reasons some people don't wait for the right set up in the market.

And, for you to see that opportunity in a bigger way, you have to wait till bull run occur which is the best season you can accumulate profits, but if you fail to wait till bull run before you trade, there is no way you can improve higher in your trading.

[livingfree]

Maybe that's the right setup for them, the more trade they do the more chances of winning their trades will be.

And so, that's the belief that they're having because they potentially think that they need to have more trades to be done for them to attract more chances of winning.

Well, somehow there's half truth with that but on trading. You need to study very well the market and the charts and you'll be the one reading it with the candles and I agree, you need to do it with the right setup.

From those factors that you know as a trader, you'll get the idea on how to do it very well but you'll learn it the hard way because you might get a lot of losses first.

[adpinbr]

You have to understand trading before you go into it very well, trading is not something you should be unserious with, because you’ve been winning winning and you just feel like putting more and more sometimes get it right and after staking some more money and find out that the game wasn’t so good and you lost it, you have to take a good step on gaming despite that you have been winning you should understand very before putting in another game

[synchronym]

The more you trade, the more profit you will get. This type of investment is believed only by those who have not acquired much knowledge about trading or do not have enough knowledge about trading. Generally we all know that in trading one must wait for the right time.  Newbies who trade must first gain good knowledge about the trade and then trade. Many newbies trade in a hurry without understanding the trade relationship.  As a result of this trade they cannot be very profitable and on the contrary face losses. In trading, we must have a long-term plan. If we can trade with a long-term trading plan, we will definitely be one of the successful traders. There are many people who think that they will become millionaires quickly by trading for a short period of time, but it is not right to trade with such a mindset, because of which he will suffer greatly. In the field of trade, many big traders also lose patience. So patience is very important. We must not lose patience. If we can trade patiently with a long term plan then surely the purpose for which we trade will be successful and we will be able to earn a substantial amount of profit from the trade.

[Fullcoinese]

People actually don't know how important it is to wait for the right set-up, some traders think that the more you trade the more money you make which is very much unlikely, trading doesn't work like that, you might make a lot of money from 5 to 7 trades, and use just only one trade to lose everything including your initial magin.

But waiting for the right set-up gives you an edge in the market, when you trade only when you sees an opportunity, you will mostly comes out profitable, as long as you knows the craft a little, but probing the market every now and then will only make you lose money, because trading is more of patience and knowledge.

that's right. Waiting for the moment on a particular asset is better than looking for an asset and forcing it to trade. the results will not be optimal.
most beginners force their trades because they are excited about their new knowledge regarding trading. and make a few trades that they think will be more profitable than focusing on just a few trades.

if you have ever been in a beginner position without much experience. when you profit in trading one particular asset. There is a tendency that you will repeat yourself with that asset. even though with different market situations, the planning carried out must also be different.

[Bravut]

The more you trade, the more profit you will get. This type of investment is believed only by those who have not acquired much knowledge about trading or do not have enough knowledge about trading. Generally we all know that in trading one must wait for the right time.  Newbies who trade must first gain good knowledge about the trade and then trade. Many newbies trade in a hurry without understanding the trade relationship.  As a result of this trade they cannot be very profitable and on the contrary face losses. In trading, we must have a long-term plan. If we can trade with a long-term trading plan, we will definitely be one of the successful traders. There are many people who think that they will become millionaires quickly by trading for a short period of time, but it is not right to trade with such a mindset, because of which he will suffer greatly. In the field of trade, many big traders also lose patience. So patience is very important. We must not lose patience. If we can trade patiently with a long term plan then surely the purpose for which we trade will be successful and we will be able to earn a substantial amount of profit from the trade.

Well said, one thing that is sure in Trading is having the right mindset, plan and rules which you abide by as a Trader, the funny thing here is many Traders do not value this they feel with strategy everything is good.
As Traders we must have patience and trust our edge which helps us to wait for the right time to snipe the market and we are good wether it was a loss or win but very happy we did the right thing. This is what differentiate Profitable Traders from Unprofitable Traders, and the reason only few achieve great result.

[pawanjain]

People actually don't know how important it is to wait for the right set-up, some traders think that the more you trade the more money you make which is very much unlikely, trading doesn't work like that, you might make a lot of money from 5 to 7 trades, and use just only one trade to lose everything including your initial magin.

But waiting for the right set-up gives you an edge in the market, when you trade only when you sees an opportunity, you will mostly comes out profitable, as long as you knows the craft a little, but probing the market every now and then will only make you lose money, because trading is more of patience and knowledge.

Trading can sometimes be very tempting especially when you are making profits while trading but you have to control your urge and wait for your setups.
If you can't control your emotions and just dive in to pick every other trade then you will just be losing money.
I have done the same and lost quite a significant portion from my portfolio and so I have learnt my lesson and now I wait for the right setup to get an entry.

[Woodie]

People actually don't know how important it is to wait for the right set-up, some traders think that the more you trade the more money you make which is very much unlikely, trading doesn't work like that, you might make a lot of money from 5 to 7 trades, and use just only one trade to lose everything including your initial magin.

They say too much of anything is bad , and with regards to trading.. over trading can easily go from winning to losing in a split second and before you know it you are chasing your losses which if you don't back down early with the capital left , it could mean being liquidated to zero.

I just wish many of us watched some podcasts or vlogs of some of the profitable traders out there...most have already said their secret to their success is less trading to protect their capital and proper risk management. Guys and girls success is a slow process, don't rush it!!

But waiting for the right set-up gives you an edge in the market, when you trade only when you sees an opportunity, you will mostly comes out profitable, as long as you knows the craft a little, but probing the market every now and then will only make you lose money, because trading is more of patience and knowledge.

I like this, but prefer if you said stick to your strategy because as far as I know, most traders have A setups and B setups and waiting for the A setup always could mean not trading at all.

[Distinctin]

You have to understand trading before you go into it very well, trading is not something you should be unserious with, because you’ve been winning winning and you just feel like putting more and more sometimes get it right and after staking some more money and find out that the game wasn’t so good and you lost it, you have to take a good step on gaming despite that you have been winning you should understand very before putting in another game

Trading can never guarantee profits especially that there is high probability that the market will end up at the opposite end. That’s how unpredictable the market is, that even if we are seeing a big chance to be in profits at the beginning of our trade but when the market suddenly becomes unfavorable, our trades will definitely end up in losses as well. That is why patience is a must in trading, otherwise we will be trading at a loss most often if we fail to recognize even the basics in trading. Study the market first before one should decide to get into trading.

[Adbitco]

You have to understand trading before you go into it very well, trading is not something you should be unserious with, because you’ve been winning winning and you just feel like putting more and more sometimes get it right and after staking some more money and find out that the game wasn’t so good and you lost it, you have to take a good step on gaming despite that you have been winning you should understand very before putting in another game

Trading can never guarantee profits especially that there is high probability that the market will end up at the opposite end. That’s how unpredictable the market is, that even if we are seeing a big chance to be in profits at the beginning of our trade but when the market suddenly becomes unfavorable, our trades will definitely end up in losses as well. That is why patience is a must in trading, otherwise we will be trading at a loss most often if we fail to recognize even the basics in trading. Study the market first before one should decide to get into trading.

Trading is something that needs attention and concentration especially must be informed and study various coin to trade. Most of those coin that are launching newly in the market doesn't have any dependency like a form of reliability so when dealing with these coin they should do more research about them because one could eventually buy to trade and it automatically dump on them.

[EarnOnVictor]

You have to understand trading before you go into it very well, trading is not something you should be unserious with, because you’ve been winning winning and you just feel like putting more and more sometimes get it right and after staking some more money and find out that the game wasn’t so good and you lost it, you have to take a good step on gaming despite that you have been winning you should understand very before putting in another game

Trading can never guarantee profits especially that there is high probability that the market will end up at the opposite end. That’s how unpredictable the market is, that even if we are seeing a big chance to be in profits at the beginning of our trade but when the market suddenly becomes unfavorable, our trades will definitely end up in losses as well. That is why patience is a must in trading, otherwise we will be trading at a loss most often if we fail to recognize even the basics in trading. Study the market first before one should decide to get into trading.

I don't think you constructed this well as they look looped together and expose that you might not really be a trader, or you are not deep in it. First, having the perfect setup before you pull the trigger has nothing to do with a "guarantee," (no one is preaching that in this context), but a means for you to have a trading system and plan and also strictly follow them with all determination. This doesn't mean there won't be challenges in trading as no one can vouch for a 100% winning system, so that's not the point. The point is for traders to be patient for their trading setup to fully align and I am certain that the trader who does this frequently will have an increased winning percentage.

However, fine, traders can lose at any time as no trader or system is perfect, but the shortcomings that the trader could lose at times will be covered up with viable money and risk management. That is trading for you! There are already laid down rules if one can explore them properly. Nevertheless one thing that is certain is for the trader to ensure that he first fully understands what he is doing before totally giving in to trading. Once you know it and your system is working fine, trust it and follow it without doubts or change of plan which makes many traders lose their money through impatience, greed and fear.

 

[gabbie2010]

People actually don't know how important it is to wait for the right set-up, some traders think that the more you trade the more money you make which is very much unlikely, trading doesn't work like that, you might make a lot of money from 5 to 7 trades, and use just only one trade to lose everything including your initial magin.

But waiting for the right set-up gives you an edge in the market, when you trade only when you sees an opportunity, you will mostly comes out profitable, as long as you knows the craft a little, but probing the market every now and then will only make you lose money, because trading is more of patience and knowledge.

Honestly I actually fell into this trap of trading many setup when I started trading unfortunately in the long run ended in streak of losses, however I took my time off from other stuffs to do more research on trading and I later discovered that 2 to 3  A+ weekly with atleast 1:2 RR is enough to become profitable that has also enable me to frame my setup from weekly timeframe down to 4 hour timeframe while entry is on 15 or 5 minutes timeframe that means I have to exercise enough patience for the setup to materialized before taking my entry with consistent profit taking which is better than taking as many trades.

[Yamifoud]

People actually don't know how important it is to wait for the right set-up, some traders think that the more you trade the more money you make which is very much unlikely, trading doesn't work like that, you might make a lot of money from 5 to 7 trades, and use just only one trade to lose everything including your initial magin.

But waiting for the right set-up gives you an edge in the market, when you trade only when you sees an opportunity, you will mostly comes out profitable, as long as you knows the craft a little, but probing the market every now and then will only make you lose money, because trading is more of patience and knowledge.

Honestly I actually fell into this trap of trading many setup when I started trading unfortunately in the long run ended in streak of losses, however I took my time off from other stuffs to do more research on trading and I later discovered that 2 to 3  A+ weekly with atleast 1:2 RR is enough to become profitable that has also enable me to frame my setup from weekly timeframe down to 4 hour timeframe while entry is on 15 or 5 minutes timeframe that means I have to exercise enough patience for the setup to materialized before taking my entry with consistent profit taking which is better than taking as many trades.

It is actually more on discovering strategies that are applicable in the market condition. I usually set for 1hour time frame but also it changes depending on the market trend. It varies and we keep on searching for the best strategy that works so well which is why experience and patience are very important. That is why trading never works for people who are impatient and those who keep rushing because trading it is not a simple job that we learn in just a few days but months and even it takes years. Our experience. In reality, we make losses first before earning a profit sadly, most traders don't understand.

[el kaka22]

Trying to figure out a way where you can make a lot of money is not that easy, and you should probably consider how hard it would be, so you wouldn't be too upset about it. I understand that we are not going to end up with anything that crazy, but we need to just realize that it is not going to be too simple. Which is why I think it should be something that will take a while, but not going to be impossible to handle.

We need to just make sure that we know what we are doing, and as long as we can do that, then there won't be any issues at all. Of course you can't make money at all turns, but at the very least you could make more profit than you lose, and if you can handle that, then you are going to end up with a greater return without a doubt.

[AYOBA]

People actually don't know how important it is to wait for the right set-up, some traders think that the more you trade the more money you make which is very much unlikely, trading doesn't work like that, you might make a lot of money from 5 to 7 trades, and use just only one trade to lose everything including your initial magin.

This is a main point that is making so many users lose in the trading, they don't wait for their rights time, and some people's problems are their lack of trading experience. Because once some people's win a huge amount of money in trading with in 2 to 6 days, they will be thinking that is how they will win, and some will take all this amount of money that they win and take it to trading so that they win  earn a huge profit. They are unaware that any of the successful things also have a failure time. 

But waiting for the right set-up gives you an edge in the market, when you trade only when you sees an opportunity, you will mostly comes out profitable, as long as you knows the craft a little, but probing the market every now and then will only make you lose money, because trading is more of patience and knowledge.

Waiting for the right time to come is the best key to everyone's success, because if a person has a plan for trading and has also done much research on market strategies, they will not see trading as a difficult thing. Because some people's doesn't have the patience about the trading and that's they definitely lose to the trading immediately they introduce themselves into trading.

[jeraldskie11]

In my opinion, if you see the setup you want in the market, you should trade. Seeing the setup you want will not always show up, and it needs a lot of time. It's an opportunity, I would always trade with that setup because waiting can sometimes cause unnecessary decisions that will lead us to trade without the clear analysis.

[Gaza13]

As we trade the most probable target that we see during the market rise of our asset, definitely there's profit settled in. Patience is tested during this time, so you should wait until such time our goal reaches to the top. Everybody dreams for a good market despite of how challenging it is when sudden market fluctuations occurs.
Knowledge is very important even though we struggle to cope up with stress as well our emotions.

For a trader, they not only see an increase in this, but they see the opportunity that this token or coin in a few minutes can make a profit in their analytical forecast. Even experienced people will definitely feel what you have felt, such as emotions and stress that will definitely be in their minds if they make mistakes in analyzing, in this case there is no single indicator that is truly perfect in analyzing the market.

[Kriptogram14]

For a trader, they not only see an increase in this, but they see the opportunity that this token or coin in a few minutes can make a profit in their analytical forecast. Even experienced people will definitely feel what you have felt, such as emotions and stress that will definitely be in their minds if they make mistakes in analyzing, in this case there is no single indicator that is truly perfect in analyzing the market.

Yes, I agree, bro, in my opinion, before starting buying and selling we must first prioritize researching everything about trading, first learn how to manage it all, don't let us be careless in making decisions so that the results of the decisions we take have a detrimental impact on ourselves.

Predictions are not necessarily right on target, everyone can predict everything but no one can guarantee that someone's prediction is right on target, it could be right or it could be wrong, it's called prediction, but if we understand how it works, we can dig into the knowledge and learn about the graphs. just hit the target even though it missed a little.

So never make a decision spontaneously, we still have to be careful and carry it out consistently, guard our emotions from failures that occur so that we don't become frustrated with ourselves, and also don't follow other people if we are not sure about the decision we made. they take it, follow their heart and still have to gain knowledge about trading to avoid losses and mistakes from our own actions.