What do you do when your tades go against you ?

[dunfida]

Recovering and even making some profits is not an easy scenario in trading, and in your case, you have managed to reach that phase but unfortunately everything went back to the beginning because of dissatisfaction, honestly I can't exclude greed in this case because that is what brought you back to the loss, and honestly I don't know why you preferred to continue the session instead of stopping and securing the amount of profit but yes that's what you will get when you don't set a profit limit. If I were in your position then there is nothing else I would do but accept all the circumstances even though it is a bit difficult, I would prefer to take a break and go on vacation to calm my mind and come back after my mind is calm.

Taking a break amidst all the cornerstone of losses gatherings, not a sign of weakness, but a bold wise step to relieve the pressure and having to encompass strategy for purpose to reinforce winnings in the system. Go out for recreational activities, atleast the mind will ease away from the losses made. Firstly, the market constitutes more dangers than one could possibly imagine. I've come along to witnessed such trespassing hurdle on the path of traders. They become confused and concerned with grip of fear when running losses, we understand the damage it will cost someone. Trades going against me? This will occur when we're not in the right state of our minds, instability in placing solid trading pattern.

Some people do think up this way on which they've been that believing that at the time that they would be backing up or would be stopping then they will be having those kind of feelings that they are weak or simply being a failure, this is why at the time or moment that they do face up such situations or scenarios then the would really be that still continuing despite of the tough conditions that they have instead on trying out to have some break and just call it a day. We do know that dealing up with a volatile market is never been easy and doesnt really give out guarantees that you can be able to make profitable trades anytime and thats normal. This is why it isnt really that a bad thing that you should really know on when to stop and have a break because not all analysis would really be that 100% precise and thats why you should be having at least some considerations.

Price movement is unpredictable as always on which there's no way that you can be able to make yourself that be always sure on every entry or positions you do make. This is why risks management will really be that relevant and same goes with emotional control. You cant really just that have dealing up with this space without having these initiatives. Sometimes people do missed it out but at the time or moment that they do experience for themselves on how this market behaves and how it is highly devastative then this is where they do make out adjustments and realizations.

[jostorres]

Some people do think up this way on which they've been that believing that at the time that they would be backing up or would be stopping then they will be having those kind of feelings that they are weak or simply being a failure, this is why at the time or moment that they do face up such situations or scenarios then the would really be that still continuing despite of the tough conditions that they have instead on trying out to have some break and just call it a day. We do know that dealing up with a volatile market is never been easy and doesnt really give out guarantees that you can be able to make profitable trades anytime and thats normal. This is why it isnt really that a bad thing that you should really know on when to stop and have a break because not all analysis would really be that 100% precise and thats why you should be having at least some considerations.

Yeah, anyone could feel like a failure, even the people who are best at their job could end up feeling like that, because we could end up with those type of peoples like humans. This has to be the most important part of it and we can't really have anything to grow any other future way, we just have to see this as normal and not really that crazy at all.

We can't really see this changing anytime soon, we need to realize that things will not matter that much when you are trading and everything is going terrible, we just have to make this be normal for all of us. We are not going to end up with a real reflection when we are putting ourselves down that much, don't listen to that voice, just look at the results and try to do better.

[Oluwa-btc]

Losing is normal mate as it’s just part of the game when you’re a trader. What matters is how you manage your trading capital because that’s the only way you’ll survive and maybe turn profitable in the long run.

You mentioned losing 3-4 days’ worth of profits in just one bad day, Hmmm, that’s a clear sign that your strategy are not followed effectively. You probably got too aggressive trying to recover your losses, and that’s how you ended up losing everything.

It’s pretty typical, it’s just like gambling. Without discipline, you’ll keep chasing losses until there’s nothing left.

Trading losses are normal aren't they?entirely, we're bound to experience one or two losses and its just that losses has a way of helping traders retrace and readjust the scope being used for the trading.
To do well,remain calm again,follow up a pattern that'll eventually re-evaluate the previous trading process,identify the cause and carefully stick to a structured pattern for your next trading attempt.That'll definitely help!

[FortuneFollower]

Losing is normal mate as it’s just part of the game when you’re a trader. What matters is how you manage your trading capital because that’s the only way you’ll survive and maybe turn profitable in the long run.

You mentioned losing 3-4 days’ worth of profits in just one bad day, Hmmm, that’s a clear sign that your strategy are not followed effectively. You probably got too aggressive trying to recover your losses, and that’s how you ended up losing everything.

It’s pretty typical, it’s just like gambling. Without discipline, you’ll keep chasing losses until there’s nothing left.

Trading losses are normal aren't they?entirely, we're bound to experience one or two losses and its just that losses has a way of helping traders retrace and readjust the scope being used for the trading.
To do well,remain calm again,follow up a pattern that'll eventually re-evaluate the previous trading process,identify the cause and carefully stick to a structured pattern for your next trading attempt.That'll definitely help!

There is always much to learn, in your good and bad trades as well.
Adaptation is the key.
 

[Dunamisx]

Once you're trading a d you discover that the analysis you took are going against you, it's betters you pull out of the market to reset in back for another time, this will help you to detect where the defect comes from and also plan on either change in strategy or manage the risk involved more effectively, trading in lots of ways can come in as unexpectedly before we realized.

[Gaza13]

Just as the title says, what do you when the day is not good for you and whatever trade you pick goes against you ?
I was making consistent profits from last 3-4 days but I guess today is not my day.
I picked a trade and lost but then recovered the lost and made profit in second trade.
I could have exited with profits but then I thought of making more profits but the rest 3 tades I picked were on the losing side.
Thus I ended up losing all the profits made in last 3-4 days. Please don't start with greed related stuff but how do you deal with the day ?

Is to go on a break, most definitely when something like this isn't working so well a short break will do and as well trying to understand the reasons for it. This is s huge loss I must say and I won't say it's greed tho this is a similar trait to gambling and when you are undergoing such losses you ether stop for a while or you gamble with what you can afford to lose, but since they are kinda similar I think you should apply this formula too and see how best it works for you.

This is where it is important for us to have a small note of ours when we trade, when we experience results that are not as expected, it is true that taking a break or reflecting for a moment can affect our next decision to trade again, from failure or decision making we can learn what is wrong with the decisions we make. Yes, what you mentioned is true, we cannot say that it is greed in trading, it is common when we want to trade, of course we want to get profit from there. Indeed, to become an expert trader takes a long time, it takes sacrifice from everything, both time and money that we spend.

[virasisog]

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I could have exited with profits but then I thought of making more profits but the rest 3 tades I picked were on the losing side.
Thus I ended up losing all the profits made in last 3-4 days. Please don't start with greed related stuff but how do you deal with the day ?

I'm a bit laughing as I'm making this post because this is the exact same experience that I've experienced back a few years ago.
Making profits in most of my trades and then a single wrong position wiped out all of my profits that I made in days.

What did I do? Hmmm, I simply went out of our house, played anything on my phone or just scrolling on it. Anything just to divert my attention because TBH, you'll feel disappointed in yourself especially if you've experienced it for the first time, and even you've experienced it many times, you will feel disappointed in yourself because you let that thing happen again, and again, and again. That's what I felt at that time. Overtime, those mixed emotions will just disappear like nothing happen and from there, you will decide on whether you will continue to trade or not.

I will not speak about the greed-part because we as traders make mistakes still especially when we trade on futures.

And here I thought that I am the only one who experience this kind of scenario.
Making profit from previous trades then losing it all and having your capital damaged cause of a wrong trade.
And whenever this happens I would usually take a break to calm myself in order to clear my mind to make a better judgement or to avoid making a reckless trade just to chase what I loss.

[Farma]

This is where it is important for us to have a small note of ours when we trade, when we experience results that are not as expected, it is true that taking a break or reflecting for a moment can affect our next decision to trade again, from failure or decision making we can learn what is wrong with the decisions we make. Yes, what you mentioned is true, we cannot say that it is greed in trading, it is common when we want to trade, of course we want to get profit from there. Indeed, to become an expert trader takes a long time, it takes sacrifice from everything, both time and money that we spend.

When trading there will always be things that we cannot predict and by having a little note of course it will greatly help us in correcting the failures that we have experienced and it is also very important for us when trading to be able to make decisions in good condition and choosing to take a break when we have experienced failure will certainly be very good because there will be many mistakes when we force ourselves to trade after experiencing failure.

Every person who does trading certainly wants to make a profit from the trading and when someone does it with greed, it can happen because of their failure to manage their emotions so they cannot see the profits that have been obtained, after someone takes the time to learn trading, the results they will get are according to what they want, but not everyone can be patient with the process of learning trading because there will be many losses if they do not pursue it properly.

[Fredomago]

Once you're trading a d you discover that the analysis you took are going against you, it's betters you pull out of the market to reset in back for another time, this will help you to detect where the defect comes from and also plan on either change in strategy or manage the risk involved more effectively, trading in lots of ways can come in as unexpectedly before we realized.

You need certain adjustments in terms of changes in a market flow, there's no assurance to whatever strategy thatyou are using, more on your own style and how you anticapate the next market run, with doing your research and knowing what are the factors that may effect the condition of your position.

It's more on your own take and how will you familiriaze yourself with your intention to make whatever the offer inside your trading investment.

[Negotiation]

Once you're trading a d you discover that the analysis you took are going against you, it's betters you pull out of the market to reset in back for another time, this will help you to detect where the defect comes from and also plan on either change in strategy or manage the risk involved more effectively, trading in lots of ways can come in as unexpectedly before we realized.

Trading strategies often reveal uncertainty and it is better to proceed according to plan. If the trade goes against you and you see a loss first it can be a sign of a bigger loss next. Therefore it is important to control the risk level of the trade by closing the trade. The influence of emotions in trading can be very strong if you suddenly see a big loss you may feel worried afraid or angry making decisions based on these emotions can be harmful.

[Mpamaegbu]

Once you're trading a d you discover that the analysis you took are going against you, it's betters you pull out of the market to reset in back for another time, this will help you to detect where the defect comes from and also plan on either change in strategy or manage the risk involved more effectively, trading in lots of ways can come in as unexpectedly before we realized.

That's just it! It's the winning mentality you just described there.

Never be too scared to retrace your footsteps once you discover you're on a wrong path. No one has ever succeeded getting to their destination through a wrong path. It's always getting back on right track to get to a destination. However, for a trader, such reassessment to pull out of ongoing trades shouldn't be done with emotional attachment. Otherwise, it's likely to end in error of decision caused by fear and not tactics.

[Powerjumboo]

Just as the title says, what do you when the day is not good for you and whatever trade you pick goes against you ?
I was making consistent profits from last 3-4 days but I guess today is not my day.
I picked a trade and lost but then recovered the lost and made profit in second trade.
I could have exited with profits but then I thought of making more profits but the rest 3 tades I picked were on the losing side.
Thus I ended up losing all the profits made in last 3-4 days. Please don't start with greed related stuff but how do you deal with the day ?

As per my understanding, you should not trade one after another on the trading platform and you should not trade with excessive greed. When you had 2-3 trading profits on your trading platform, you should have taken a break from trading. If you had taken a break from your trading, then you might not have had to count the losses. You might have tried to make more profits and become more greedy, due to which you are in loss on the trading platform. However, always keep yourself less greedy on the trading platform and trade with a healthy mind, understanding the volatility, then you will definitely see good response on the trading platform.

[Zadicar]

Just as the title says, what do you when the day is not good for you and whatever trade you pick goes against you ?
I was making consistent profits from last 3-4 days but I guess today is not my day.
I picked a trade and lost but then recovered the lost and made profit in second trade.
I could have exited with profits but then I thought of making more profits but the rest 3 tades I picked were on the losing side.
Thus I ended up losing all the profits made in last 3-4 days. Please don't start with greed related stuff but how do you deal with the day ?

As per my understanding, you should not trade one after another on the trading platform and you should not trade with excessive greed. When you had 2-3 trading profits on your trading platform, you should have taken a break from trading. If you had taken a break from your trading, then you might not have had to count the losses. You might have tried to make more profits and become more greedy, due to which you are in loss on the trading platform. However, always keep yourself less greedy on the trading platform and trade with a healthy mind, understanding the volatility, then you will definitely see good response on the trading platform.

Whenever you do make out some day trades or intraday then it will really be that best that you should be setting out some max trades per day on which neither you do experience a series of win or loss then you should stop there no matter what. Dont make yourself that having that overtrading because this is where people do usually mess up their trading because of having that kind of impulsive approach on which they've been that trying out to achieve something or chase up something. Lets say that you are on a series of losing trades on which your mind will really be telling you to trade even further and might you do be able to get some winning trades on next time on which this will really be that even more disastrous if the market wont really be go along on what you had analyzed. This is why its really that important that you should really be setting limits because if dont have that limits then you will definitely causing up that huge problem into your trading capital and later on you would be having that regret.

[Cryptmuster]

Just as the title says, what do you when the day is not good for you and whatever trade you pick goes against you ?
I was making consistent profits from last 3-4 days but I guess today is not my day.
I picked a trade and lost but then recovered the lost and made profit in second trade.
I could have exited with profits but then I thought of making more profits but the rest 3 tades I picked were on the losing side.
Thus I ended up losing all the profits made in last 3-4 days. Please don't start with greed related stuff but how do you deal with the day ?

Try using stops to avoid missing out on profits, if you see that you have a profit on a trade, then set a stop a little lower to either keep the profit you've made or exit the trade at breakeven. As for short-term trading, you should always stick to the rule - always try to take the profit. If every time you open a trade you see profit and miss it, then you need to think about what you're doing wrong. And if it's long-term trading, you can use position accumulation, then don't expect a quick profit, it's more like an investment.

[Dr.Bitcoin_Strange]

You might have tried to make more profits and become more greedy, due to which you are in loss on the trading platform. However, always keep yourself less greedy on the trading platform and trade with a healthy mind, understanding the volatility, then you will definitely see good response on the trading platform.

Definitely it's not every time that a trader is going to make accurate analysis, even if they make accurate analysis, it's not all the time the market will respect their prediction. So, a trader needs to have a trading rules and guidelines that they should be following all the time. By doing so, they can limit their greed and be aware of when to stop for the day, either after they have take one or two profit or when they have had a lose, even if it's just one lose. Some of the successful traders in the world today have guidelines which they follow and that's why they are are successful.