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Author Topic: Profitable but still called bad trade.  (Read 1137 times)
Awaklara
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Today at 12:51:58 PM
 #101

As for the topic of trading, it's actually very broad, besides that we don't have to specialize just to be profitable here, because I've read that a simple understanding of trading
if you can get a profit from it is enough as long as you're not a greedy individual.

Unlike others who have a lot of knowledge in trading though I'm not saying it's bad, most of them are not profitable traders when it comes to actual trade
and yet they have extensive knowledge in terms of theory in trading.
I think greed is not a reason to say a trade is bad. You know the traders who really follow the process well, and the traders who make trades randomly? Those who trade with a good plan also do not necessarily profit. But the process of understanding the right strategy can help traders to get the right direction. A trader who enters randomly may make profits, but you will not find them lucky all the time.

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Today at 01:00:26 PM
 #102

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
Many people believe that being profitable means you have to live some luxury Life or have expensive cars and houses.

The real profitability doesn't defines those lifestyle but is judged by how often you follow your rules. You can take a profitable trade but it's not a good trade why? Because that trade was taken out of luck not because you followed your trading plan.

A real trader will always try to follow their trading plan at all time no matter how terrible the market might be. So even if you take the trade and it hits profits if it didn't follow your plan, you risked too much it is considered a bad trade.

Something you cannot repeat over time is luck not trading.

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Today at 01:25:35 PM
 #103

As for the topic of trading, it's actually very broad, besides that we don't have to specialize just to be profitable here, because I've read that a simple understanding of trading
if you can get a profit from it is enough as long as you're not a greedy individual.

Unlike others who have a lot of knowledge in trading though I'm not saying it's bad, most of them are not profitable traders when it comes to actual trade
and yet they have extensive knowledge in terms of theory in trading.
I think greed is not a reason to say a trade is bad. You know the traders who really follow the process well, and the traders who make trades randomly? Those who trade with a good plan also do not necessarily profit. But the process of understanding the right strategy can help traders to get the right direction. A trader who enters randomly may make profits, but you will not find them lucky all the time.
Every trader has their own unique trading patterns and systems, yet they often become trapped by the very strategies they use to pursue profits. As you pointed out, even a seemingly sound plan does not guarantee success in fact, it can sometimes backfire. It is likely far better to focus on identifying the right moments and opportunities to trade, which may ultimately lead to more efficient results.

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Today at 05:13:20 PM
 #104

Is the core of the question really about what constitutes good trading? From my perspective, good trading is when the approach you take doesn’t exceed your capabilities especially in terms of risk. As for the goal, obviously we all aim to make a profit, but not all methods are sound or will always be profitable in the long run. What I mean is, it’s pointless to make a big profit if you do so by taking on excessive risk, because the market can’t always be accurately predicted. There will always be times when your analysis is off and you end up with a loss. So, good trading is when everything is measured and doesn’t exceed your limits.

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Today at 07:31:38 PM
 #105

I think greed is not a reason to say a trade is bad. You know the traders who really follow the process well, and the traders who make trades randomly? Those who trade with a good plan also do not necessarily profit. But the process of understanding the right strategy can help traders to get the right direction. A trader who enters randomly may make profits, but you will not find them lucky all the time.
When greed becomes the reason why a trader loses money in trading you can call they trade bad because you lost money that you should have made due to your own selfish interest. If you follow the process, add your experience in your trade with your strategy you will not have a bad but during unless you decide to be greedy not to take profit when the market is favourable to you. Those random traders with little knowledge do everything by guess work hoping to be lucky they have no plans so they can have bad trades all the time they won't care.

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Today at 08:47:06 PM
 #106

A bad trade and a profitable trade reflect two different circumstances, for example a trader can set everything on point and yet fail to make profit, I will classify this trade as a bad trade from my observation, what determines an A+ strategy is the result though nothing is guarantee but, if the plan is really an A+ as claimed profit might be certain. That of the no plan and no set up strategy is actually strange, for example calling a plan garbage and at the end of the day profit was made then obviously the plan was really a good one that just needs a new structure probably financially management, the primary reason why everyone wants to trade basically to earn profit.

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Today at 09:48:09 PM
 #107

Going against your principles and making profit is still classified as a bad trade even though a lot of people aren't really going to see it that way but that's actually true because when taking such a risk that doesn't involve any calculations this might end up affecting your results











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