Profitable but still called bad trade.

[Cossyblack]

The writer may be making some sense but I don't think that everybody judges a good and a bad trade based on the same criteria for instance for some persons a good trade is simply a trade that yields them profits, that is simply good enough for them to consider the trade good, but for that person like the writer, a good trade does not always mean a trade that ends in profits but a trade that goes further to satisfy another requirement that he has set. Some persons may set more extreme requirements a trade must fulfil before they see it as a good trade. A good trade must end in profit in my view, when it ends in profit, that itself is a good trade before any other requirement.

You are right, everyone perspectives of a good or bad trades is different. What A sees as a good trade might be judge differently by B. My definition of a good trade is a trade that is successful which means you made profits from it. So any trade that you make profits from is consider a good trade by me. I really don't expect others to agree with my opinion on this because that's my own definition of a good trade. However, A bad trade should be the opposite of a good trade, since what i consider as a good trade is a profitable trade then a bad should be one that didn't give you any profits.

[LogitechMouse]

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And at what point can we say a trade is a bad trade even after making us some good profit.

From an objective standpoint read what this trader had to say base on his experience as a trader that has being trading for years just as you. With your own true experiences share your disagreement and agreement with about his idea

There are some who feel bad for themselves because yes they made some buckos, but they didn't follow their plan, and that's fine because like what you said, your rewarding yourself from having a bad behavior or at least not following your rules, and at one point if you continue to do this kind of thing, it will be repeated more, and more, and more, until that bad behavior will turn against you.

If I made profit while following my own strategy and rules, I usually don't see my trades anymore nor not feeling anything as well. Now if I made money but didn't follow my own rules, I don't feel anything as well emotion-wise but instead, I look at that trade and see why I didn't follow my own rules. I look at my mistake and then I will note it to myself and as much as possible, I will not do it again. It works most of the time, but there really are a few times where I just complete ignore it and will just move on even though I know that I didn't follow my own rules.

Is it still a bad trade? Yes, IF it continues to be like that. One trade isn't enough to say it because that's maybe because the trader is just lucky. Doing it for 50-60 trades then there's already a problem that will pop up.

[passwordnow]

Traders who are giving more impression to what the trade is called than how profitable it is need to look at their priority. Why are you trading for? so that you'll get the record that you have made a good trade instead of making money? That's not bad though but you must look at what you're really trying to do when you trade. Because if you just want to have a good trade then do the demo trading and it won't cost you money if you lose and then results in a bad one but, it won't even make you money if you make a good trade out of it. Priorities.

[Out of mind]

We all know that the main purpose of trading is to make profit, every person enters here to make profit by trading. If someone says that from their point of view, profit is not the main purpose, then I think it is a completely unreasonable comment, the main purpose of trading is to increase your money, not to make profit from it. And even when a good profit is obtained from trading, trading often turns bad, especially when a person uses excessive leverage and large amounts of money in trading. There are many who plan to trade with more money to make a lot of money in a short time, such greed arises in them and I think this is a bad trading goal. From the point of view of an experienced person, trading is mainly done with the aim of making profit, moreover, everyone has been trading for years to gain skills and experience so that they can avoid losses. Basically, every person enters here with the aim of making profit from trading and they try to make themselves experienced, experienced traders always trade with their psychological condition which leads them to success.

[Peanutswar]

I can say it will depends on the traders perspective sometimes there are traders who aim a particular amount and target in each trades they have but unfortunately the same as mine is I do prefer all of the trades profitable are all good trades because at the first place that's why we are committing trading we are aim to earn money through market movement, small wins still considered as a win no matter what amount is and not just less than with your capital and investment. Sometimes when people experienced a lot of profit, they get greedy and chase for more.

[Supreme Donvic]

The writer may be making some sense but I don't think that everybody judges a good and a bad trade based on the same criteria for instance for some persons a good trade is simply a trade that yields them profits, that is simply good enough for them to consider the trade good, but for that person like the writer, a good trade does not always mean a trade that ends in profits but a trade that goes further to satisfy another requirement that he has set. Some persons may set more extreme requirements a trade must fulfil before they see it as a good trade. A good trade must end in profit in my view, when it ends in profit, that itself is a good trade before any other requirement.

You are right, everyone perspectives of a good or bad trades is different. What A sees as a good trade might be judge differently by B. My definition of a good trade is a trade that is successful which means you made profits from it. So any trade that you make profits from is consider a good trade by me. I really don't expect others to agree with my opinion on this because that's my own definition of a good trade. However, A bad trade should be the opposite of a good trade, since what i consider as a good trade is a profitable trade then a bad should be one that didn't give you any profits.

I agree with your definition of a good trade, and if anyone disagree with your definition then the person is actually not talking from his mind, he just want to argue, a good trade will always remain the ones you make profit from, when you make profit from any trading you do it is a good trade, no matter how little the money you got is, as long as you made a profit it is a good trade.
I know some people will define a good trade by the amount of money you get as profit, for me no matter the amount of money you get it is a good trade as long as you have profited.


~Supreme

[TheUltraElite]

The Martingale strategy is highly profitable 99.99% of the time, but sooner or later a "Black Swan" event arrives and wipes you out completely.

Its more of MartinFail than anything else. I dont see how you are saying it to be highly profitable because casinos will block the maximum possible bets and even though exchanges will not do that, martingale needs an infinitely large bankroll at hand to execute it with winning, the player has to sustain the losses for a long period of time before a doubled win comes in.

This is tough to accept but is the reality and is why many pumped up players attempt to use martingale in trading and gambling and up losing money till its too late.

I suggest keeping yourself limited to spot trading and observe the market first before starting, or do dummy trading and learn the methods to cope with movements.