Chasing Every Candle

[Gozie51]

Over time, I learned to slow down. Not every move requires my participation. By waiting for confirmation and planning exits, I avoided traps. The hardest part wasn’t the strategy, it was controlling my urge to act immediately. Patience felt like a trade in itself.

What you said is right. With a bad emotion and good strategy, you will still end up loosing just because you trigger your gun earlier. It is a personal effort to control your emotion and a trader who doesn't have good balance of emotion will keep losing because before the market prepares to move on a direction, your emotion already told you something else and you follow that wrongly There is no trader who has uncontrollable emotional that makes money from trading because of indecisiveness. Again, you don't need to focus on candle stick especially those on lower time frame, they are used to make possible entry while candle stick on higher time frame can be used to spot trends.

[programmer3666]

Do you chase every candle or choose your battles?

Scalping is the riskiest trade. You will think you can accumulate small amount of money in profit within short period of time in many trades. This is how many trades are losing. Few trades are better and patience is very important in trading. If I am trading, I completely avoid scalping.

honestly bro!! chasing every candle mostly kind of lead to losses because the market moves too fast and somehow emotions will just take control!! scalping may look simple but it is a bit very stressful and risky as well. you might win small profits but one bad trade can erase everything with the blink of an eye. it is just a smart thing to wait for clear setups and trade less because even a few good trades with a bit of patience is better than all the many random ones!! in trading, patience, discipline & good timing surely bring better results than always trying to be busy and always eager to take a snapshot of PnL for a social media post.

[Oluwa-btc]

Not all opportunities are golden and are to be taken, some are just harmful traps and distractions. That’s the reason why every trader should choose their own battle, wherein they can maximize the profit potentials while continue to reduce the possible losses.

However, for us to realized this, we should learn from our negative experiences from trading. Chasing every candle  is normal for us greedy traders, but as we continue trading and ingest learning, that’s when we realized that there’s a perfect time to trade, and delay those unfavorable trades that would only lead into undesirable losses.

Responding and chasing every candles shows a lack of plan and focus.If you’re constantly reacting to every candle,you’re not following a clear trading system or setup.It ultimately depicts a wrong route that officially becomes the fastest way to lose money and end up with refers.Like You mentioned earlier, they're mere distractions but not real signals.

[Hamza2424]

Now, my trades are fewer but sharper. I focus on setups with clear risk-to-reward, not just movement. Missing one rally is easier than bleeding through multiple fakeouts. The shift saved my capital and my confidence.Do you chase every candle or choose your battles?

Yep bro in trading we have to control our emotions and when we can do that we can make more profits although if we will overcome our regret and fear of loss to an extreme point we might loss more haha, just kidding but in a sense, we can so we should also have some respect for the money so we won't lose much.

Because many think before making money it is necessary to loss to the market, like they are sacrificing their money for fortune, but that's just a big lie and misconception. I am not saying you have this, but I am saying many do this, so we also have to avoid unnecessary things too.

[tvplus006]

...Losses stacked not because the market was unfair, but because I lacked patience...
Now, my trades are fewer but sharper. I focus on setups with clear risk-to-reward, not just movement.

I think that your main problem was not a lack of patience, but a lack of knowledge, and this is exactly what leads to the loss of the deposit. And the fact that, as you yourself point out, you began to focus on setups with a clear risk-to-profit ratio indicates that you have become familiar with risk management.

[Odusko]

Not all opportunities are golden and are to be taken, some are just harmful traps and distractions. That’s the reason why every trader should choose their own battle, wherein they can maximize the profit potentials while continue to reduce the possible losses.

However, for us to realized this, we should learn from our negative experiences from trading. Chasing every candle  is normal for us greedy traders, but as we continue trading and ingest learning, that’s when we realized that there’s a perfect time to trade, and delay those unfavorable trades that would only lead into undesirable losses.

Responding and chasing every candles shows a lack of plan and focus.If you’re constantly reacting to every candle,you’re not following a clear trading system or setup.It ultimately depicts a wrong route that officially becomes the fastest way to lose money and end up with refers.Like You mentioned earlier, they're mere distractions but not real signals.

No experience trader will be chasing the market at regular intervals, and most newbie that Chase each candle that present itself always tend to lose along the way, so is a bad idea to think that taking position at every market actions is a fast lane to blowing up your entire bankroll and sure a lack of skills and management as a trader, the crypto market is full of volatilities so for that risk calculations is very important.

[Milos Miller]

A lot of people have gone through this experience including me, it is the phase of trading where you will be following every single move of the market, any little act of reversal you are in, it has no structure has no strategy backing, it's just based on Impulse, but in the journey of trading what matters is not just how long enough you have been into it but how good enough you have learned from experience over time.
But these are phases that you have to pass, it is a normal experience in the trading journey

I go with you. That impulsive, chart-staring phase is like everyone has to pay their dues. You're absolutely right that it's not about the time in the seat, but the lessons you've learned.

One more, that phase isn't a mistake, like it's the raw material. The difference between a gambler and a pro is that the gambler just ends up with scars, while the pro builds a strategy out of them.

[irhact]

Now, my trades are fewer but sharper. I focus on setups with clear risk-to-reward, not just movement. Missing one rally is easier than bleeding through multiple fakeouts. The shift saved my capital and my confidence.Do you chase every candle or choose your battles?

That's a common mistake newbies make when they begin their trading journey, I also made that mistake but was quick to discover it on time and made some adjustments. Chasing green candles won't make you profits, to make profits you're supposed to be in the trade before it begins to give green candles as then It doesn't matter when you decide to sell because you'll be in profits. Analysis should be done and you should already be stationed before the market begins to pump. There are many fakeouts in the market therefore if all your strategy is looking for a green candle before you start buying, you'll be disappointed with the results you'll be getting.

[Abbatty]

When I began trading, every green candle looked like an opportunity. I bought too quickly, only to watch prices reverse. Losses stacked not because the market was unfair, but because I lacked patience. Impulse trades cost me more than any single wrong prediction.

Over time, I learned to slow down. Not every move requires my participation. By waiting for confirmation and planning exits, I avoided traps. The hardest part wasn’t the strategy,it was controlling my urge to act immediately. Patience felt like a trade in itself.

You can't always chase after every candle that's why the most important word a trader should always have in mind is patience. Patience is key for every trader because you can't just rush into every trade without properly making analysis and having a well structured plan, if you don't you will end up stacking up losses.

Sometimes you will have a well structured plan and strategy but after sometime it will become difficult to stick to it, this also is not a sign of a good trader.  Being patient is one thing but being disciplined enough to control ones urge to trade is something a trader needs to work on also. Discipline and patience work hand in hand in trading and every trader must possess this qualities to become successful.

[LogitechMouse]

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Now, my trades are fewer but sharper. I focus on setups with clear risk-to-reward, not just movement. Missing one rally is easier than bleeding through multiple fakeouts. The shift saved my capital and my confidence.Do you chase every candle or choose your battles?

TBH, I'm still having the same experience as you are. I mean I entered my position on a 1HR time frame, but I'm looking at the chart every 15 minutes like I'm scalping. That urge of reacting immediately based on what's happening with the market cost me hundreds of dollars already. Yes, I'm still experiencing it, and there are times where I'm losing because of that, but I'm trying to let that feelings disappear by letting myself calm, and do something different just to stay away from those trading applications out there.

I'm leaning more towards the trust of my analysis. I'm trying to put myself into a spot where I enter a position, put my stop-loss and target profit, and if I made my money from it, my analysis is right. If I lose, I lose and my analysis is wrong. Chasing every candle is a wrong strategy, and chasing in general in trading sometimes works, but for most of the time, it isn't. I tried it, and I lost.

[Barikui1]

When I began trading, every green candle looked like an opportunity. I bought too quickly, only to watch prices reverse. Losses stacked not because the market was unfair, but because I lacked patience. Impulse trades cost me more than any single wrong prediction.

Over time, I learned to slow down. Not every move requires my participation. By waiting for confirmation and planning exits, I avoided traps. The hardest part wasn’t the strategy,it was controlling my urge to act immediately. Patience felt like a trade in itself.

This is a typical newbies traders behavior, and it can be very costly since you react base on your emotions not by convictions or certainty, but I know that with time, such trader will either learn the hard way or from others.

Now, my trades are fewer but sharper. I focus on setups with clear risk-to-reward, not just movement. Missing one rally is easier than bleeding through multiple fakeouts. The shift saved my capital and my confidence.Do you chase every candle or choose your battles?

This is what knowledge and self control does to a trader, you don't just buy because others are buying, you enters the market fewer, but in a trading set up that the probability of your winning that traders is extremely high, so it's advisable to seek knowledge on technical and fundamental analysis and try as much as possible to win the psychological battle in your head, once you can control your emotions and you have knowledge on technical and fundamental analysis, you may hardly miss step while trading, especially when going for only the best trading set up.

[mirakal]

When I began trading, every green candle looked like an opportunity. I bought too quickly, only to watch prices reverse. Losses stacked not because the market was unfair, but because I lacked patience. Impulse trades cost me more than any single wrong prediction.

Over time, I learned to slow down. Not every move requires my participation. By waiting for confirmation and planning exits, I avoided traps. The hardest part wasn’t the strategy,it was controlling my urge to act immediately. Patience felt like a trade in itself.

People make mistakes, and it happens. But doing it again and again seems to be another issue. And your story, OP, makes it bold that trading is not for impatient people, nor is it suitable for emotional individuals. But it is for those who were able to change their behavior and learn from their mistakes.

However, despite saying that trading is risky, many still succeeded. That is why we can't lose hope, but it doesn't mean we force ourselves to trade. We would rather choose other ways to generate money than trading if we know that we can't make it.

[masulum]

Because many think before making money it is necessary to loss to the market, like they are sacrificing their money for fortune, but that's just a big lie and misconception. I am not saying you have this, but I am saying many do this, so we also have to avoid unnecessary things too.

This is a typical moonshot trader, chasing a single candle pump for quick profits. However, following this approach is riskier than the OP's approach. Moonshot traders tend to rely more on sniper tools, which allow quick entry and exit to take profits. Manual traders, on the other hand, lose quickly to profit unless the FOMO doesn't end within a few hours. we can find this kind of trader in dex where it is easier to find pump n dump sh*ttokens with low marketcap.

[Alpen]

When I began trading, every green candle looked like an opportunity. I bought too quickly, only to watch prices reverse. Losses stacked not because the market was unfair, but because I lacked patience. Impulse trades cost me more than any single wrong prediction.

Over time, I learned to slow down. Not every move requires my participation. By waiting for confirmation and planning exits, I avoided traps. The hardest part wasn’t the strategy,it was controlling my urge to act immediately. Patience felt like a trade in itself.

Now, my trades are fewer but sharper. I focus on setups with clear risk-to-reward, not just movement. Missing one rally is easier than bleeding through multiple fakeouts. The shift saved my capital and my confidence.Do you chase every candle or choose your battles?

Bitcoin has such a strong trend power that it eventually corrects any mistakes you make by entering on green candles. The main thing is this: never short Bitcoin. Only buy. Do that, and you will never lose.

[M47AK16]

People make mistakes, and it happens. But doing it again and again seems to be another issue. And your story, OP, makes it bold that trading is not for impatient people, nor is it suitable for emotional individuals. But it is for those who were able to change their behavior and learn from their mistakes.

However, despite saying that trading is risky, many still succeeded. That is why we can't lose hope, but it doesn't mean we force ourselves to trade. We would rather choose other ways to generate money than trading if we know that we can't make it.

To be fair there are a lot of people who should not be trading, I understand that we are not going to end up with great returns if we are not careful and should be approaching it like it's something that will take a while for it to exist. If we can be careful that way, then we are going to be fine about it and won't face many issues.

This is the thing about what we have, we see there are people who make money from trading and that makes everyone want to give it a try and some realize they can make money, some don't and leave. The only wrong one is the one who doesn't make money but keep thinking it is possible and end up trying their hardest to chase that money and keep on losing and learn nothing from it.

[Finebone]

A lot of people have gone through this experience including me, it is the phase of trading where you will be following every single move of the market, any little act of reversal you are in, it has no structure has no strategy backing, it's just based on Impulse, but in the journey of trading what matters is not just how long enough you have been into it but how good enough you have learned from experience over time.
But these are phases that you have to pass, it is a normal experience in the trading journey

When you chases every candle stick in the market and react to every turn they make, that's not trading, that is you messing up your emotions, and when you trade like that, it would be just be a matter of time before your account is liquidated.

No doubt all professional traders has experience such in the past when battling with their emotions, but staying too long there can be very damaging which might result in you stopping trading entirely because your losses will be constant which is a great moral killer when trading the forex or crypto market, so what am trying to say is that if you keep on reacting to everything the market does, their is a stronger indication that you may not last in trading because you are going to give up on it since the losses would be unbearable.

[Peanutswar]

Im into a higher time frame trading so every candle must need to confirm to get close this need to avoid confusion about the next movement of the market so im into 4H and 1Day time frame less hassle to watch and clear into my mind when to make a position and where to have a probably exit is gonna be smooth but of course having a Take profit ans Stop Loss is the best this avoid your gains get burned.

[jcojci]

I had the same experience as you in my beginning and lost money like you. But my friend came to me and suggested being patient and not chasing the green because the green will not stay long. There will be a chance for the red candle to appear and make you lose so it is better to be patient and wait.

I learn more and see that my friend is right. I am trying to wait and see the market movement. I don't chase every candle but choose my time to trade. When the red candle appears, I will analyze more to find the clue but if I can not get it, I will leave the coin and move to the other coins. It is better not to force ourselves to one coin because we have so many coins to trade.

[gunhell16]

When I began trading, every green candle looked like an opportunity. I bought too quickly, only to watch prices reverse. Losses stacked not because the market was unfair, but because I lacked patience. Impulse trades cost me more than any single wrong prediction.

Over time, I learned to slow down. Not every move requires my participation. By waiting for confirmation and planning exits, I avoided traps. The hardest part wasn’t the strategy,it was controlling my urge to act immediately. Patience felt like a trade in itself.

Now, my trades are fewer but sharper. I focus on setups with clear risk-to-reward, not just movement. Missing one rally is easier than bleeding through multiple fakeouts. The shift saved my capital and my confidence.Do you chase every candle or choose your battles?

I'm not sure what strategy you're using to chase every candle, but that method, in my opinion, is not profitable.
Do you even know what trader category you fall into, OP?

If you don't know that, you should definitely determine your trading level, OP; that's important. Aside from that, your knowledge
Trading should also be broad, because it's not easy to master the art of trading in this field to become profitable here.

[Hamza2424]

This is a typical moonshot trader, chasing a single candle pump for quick profits. However, following this approach is riskier than the OP's approach. Moonshot traders tend to rely more on sniper tools, which allow quick entry and exit to take profits. Manual traders, on the other hand, lose quickly to profit unless the FOMO doesn't end within a few hours. we can find this kind of trader in dex where it is easier to find pump n dump sh*ttokens with low marketcap.

Yep you have summarized it well they rely on tools but to be honest I don't trust them, the methods and the rules these people use are really risky and to be they are like gambling But it is not like they don't know what they are doing, they fully understand the risk but if any newbies is doing sniper trading.

Without realizing the risk and using all the essential money they have to make one big trade and retire for life they are making the worst mistake of their life.

Single candles can make profit I am not saying sniper traders don't make, but as you said it is very risky.