Quote from: Hardkoin on July 26, 2023, 08:24:07 PM

Quote from: Huppercase on July 23, 2023, 04:37:38 PM

Quote from: Hardkoin on July 19, 2023, 06:46:55 PM

Hello Folks,

Have you ever had a series of losing trades? In the sense that you go in one direction and the market turns in the other direction. You try to quit the trade and enter again only for the market to revise in your previous position or you have had a series of losing trades that you start doubting your confidence in analyzing trade.

Can you share your experience of how you were able to put up courage and come back to trading? I will also want to inquire what action should somebody take if he/she finds himself in that position.

If you want to win crypto trades, put it in mind that the trend is your friend, don't disobey the gravity of major traders when the market is moving in a direction, you will lose everything if you repeat that patter over and over, make the trend your friend and you will have instead minor losses which is a normal thing or process km trading.

I don't have much experience about loss but there was a time I was trading and following a set up by one trader, the chart was bearish, even a common trader will know that the market was signaling downward way but all of sudden, the market pump and results in loss that gave me negative pnl, i wasn't happy throughout the day because I feel it was manipulated. However, I learn something that day about crypto trading, it's always better to be bullish all the time than bearish unless something bad is actually affecting the crypto market.

You said it is always better to be bullish that's the lesson you learned in the crypto market. I know that the crypto market has many dynamics but I have not come in terms with the point you mention Can you elaborate on this point?

Trying out to understand on what that dude has been saying then he tells about trend setting and going along with it, Yes, its possible but the question is, would really be that so easy? I dont think so.
Also, even if you are in a group on having neither bearish or bullish approach in the market but still it wont really be enough for you to make out or draw some conclusions on where the trend would really be going.
You cant really just make yourself tell 100% that you would be making out precise predictions out of those. This market is never been predictable in the first place on which you might be looking on something
and having impression that it might be but it suddenly goes into the opposite side on which it would really be leaving you some thoughts on what happened?
Overcoming losing is never been possible because losses is part of this career on which the main thing that you should have in mind is on how to limit or lessen out those losses and ending up on profitable
in the end of the line and never ever make yourself that too perfectionist in terms of good trades because it would really be just making you out too desperate.