Quote from: AakZaki on October 23, 2021, 07:56:39 PM

Quote from: horrifiedx1 on October 22, 2021, 04:27:43 AM

a trader will of course do a stop loss or target, consistent profit I mean, I think within a certain time we will always get positive results, but I think every trader must sometimes experience losses, but in the accumulation it can be covered by bigger profits

Losses will always be there, it's just a matter of how we minimize these losses. The use of Stop Loss is also very helpful when the market does not go as we expected.
Profits and losses are certainly commonplace, every loss is covered with some big profits. it also requires good capital management. Consistent profit even though it's small is not a problem, it's better than big profit but getting a loss in the end.

Being constant when it comes to the profits we can obtain is always better than to have big wins and big losses, I say this because it is in fact common that newbies get lucky once in a while and they gain a lot of money with a single trade, but then they try to do this over and over again and instead of earning more money they lose all their profits and their capital as well as they got addicted to chasing the big payday, while those that obtain small but consistent profits have way better chances of remaining profitable over the long term.