Post
Topic
Board Trading Discussion
Re: Tips to actually start earning from Trading & END LOSES
by
traderethereum
on 12/05/2019, 06:38:33 UTC
It's hard not to trade on emotions but you have to remember this is a game and we have to always look forward,don't look backwards once a trade is executed. Little profit is not a bad word my friends, be contented of a the small amounts you gained. It is better  safe +10% than a wannabe +100% of no assurance, people are just greedy sometimes but can't blame them, we are human after all.
Being in greedy will never have a good result but instead, it mostly ended up into losing. Ain't that really bad if we go for emotion trading if we know our mistakes and even recognized our limits. It sometimes I used to have my instinct will play in trading and it is quite some time that it will work well.
Kinda inside voice trading. It is boring to trade with a fixed strategy and money management. Sometimes, for adding more fun to trading I increase the leverage or take margin from trade. Depending on the trade expectation, profit/loss ratio is managed by fixed rules in my personal trading journey.
We already have seen that being greedy can make us lose to catch a good chance to make a profit because we have a passion for chasing a bigger profit than what we can see.
To earning in trading, you don't have to chase more profit if it is difficult because that will be the same if you can take a small profit but you can get it in over and over, and in the end, your profit will become bigger too.
If you still use emotion in trading, then maybe you need to learn about controlling the emotion in trading because that will prevent you from making a profit in the long-term.