Post
Topic
Board Trading Discussion
Topic OP
How do you develop stronger hands?
by
topshelfcrypto
on 21/01/2021, 00:16:12 UTC
Let's say you analyze the charts, you make a call, and place a trade with a certain time horizon.  How do you avoid getting 'shaken out' in the short term? 

I'm finding my calls are right, way more than 50% of the time, but I'm not as profitable a trader as I should be, because it seems more often than not, there's either a dump out, the chart starts to look like it's turning bearish and I begin to lose confidence in my calls.  Then I might set a stop loss and there's a shake-out, it eats through my order, then the trend turns around and basically does exactly what I had originally called.  Or if it starts dumping I might panic sell. 

I'm typically more profitable if I do not even look at the chart, like at all, after making my buy.  Not sure that's good either. 

What do you recommend in this case? 

I'm also thinking, if I had a read that the price was going to fall short term before the long, then I could get a better entry, but it almost always takes me by surprise. Is it whales that are swinging their whale dicks, that do that (and thus why I don't see it lining up that way), or is it just me? 

Any feedback welcome.