Post
Topic
Board Trading Discussion
Re: Tips to actually start earning from Trading & END LOSES
by
Virtual miner
on 16/05/2019, 08:34:11 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.
I don't think you need to mess your trading plans and strategies like making an increase in margin trade or leverage just to make you hfun, a passionate trader will certainly be fun with whatever plans they make, whether fixed strategy or something like that. I don't blame you if you're boring, but it looks like you don't enjoy every process in trading
I think you will only be an earning trade when you actually try to trade for money rather than just trading to fulfill your adrenaline rush. Even if that's a case then better take a pretty small account with something which you can obviously afford to lose. But yes then it comes to even serious trading even a fixed strategy may tend to lose its effectiveness due to some financial catalysts in play which might make your setup less efficient over long time. In such a case better start to experiment by deviating very lightly from your strategy. Moreover what I have seen with passage of years is that Emotion does plays a role in trading like it's the fear of losing capital only that will help you follow rules of trading much more religiously. And obviously increasing leverage exponentially can obviously affect the risk/reward ratios