Post
Topic
Board Trading Discussion
Re: Understanding how the market tricks you and how to prepare against such tricks.
by
Cherylstar86
on 21/08/2021, 04:12:05 UTC
Trading without emotions was impossible, we still have that as a human being because it won't happen if you don't use your mind to decide on things you wanted to do. If you're thinking we've been tricked by the market, I guess it was just an alibi for us because we have no proper knowledge. To avoid that idea, we should be facing reality and accept our weaknesses.
those who think it's a hoax are just alibi because they lost with their own emotions. Every human being is equipped with emotions and that cannot be denied. Accepting the weaknesses in us can make us reconcile and can continue to grow and will not get stuck in that 1 problem. Trading psychology will continue to be trained when we face problems in trading. There are no market tricks, it's just that we have to be stronger and be able to adapt to the market.
Indeed. When you trade and your emotions control everything in you, then you might possibly lose a huge amount of your possible profit. The other problem was also trading without knowledge on it. It's a lot less the market tricking you, and a lot more of just the traders or investors being really ignorant or inexperienced. We can't see the future. But we can predict the market. We are not sure when the market dump or pump because there are so many whales that are controlling the market. I think there is no trick to watch in the future of upcoming market. We can only predict it through daily basis of fundamental analysis and technical analysis. But it is just a prediction, which means it is not sure.