Post
Topic
Board Trading Discussion
Re: How To Overcome Losing Trade in Crypto
by
carlfebz2
on 28/07/2023, 20:44:55 UTC
It is not going to be something you should care about, but that doesn't mean that you are not going to be able to change anything anytime soon. I believe that we are going to end up with a good change eventually, just not something too radical.
However, the trader needs patience as well. Most new traders think the movement will change their lives and want to make a profit within an hour or a day. That's why leverage tokens exist, and people use them. Of course, holding Bitcoin for a long time is a good idea than ever, But it's not really trading. Day traders like to buy instant and sell on the same day to make money.

If someone doesn't know enough about the market movement or Bitcoin or crypto, they should not buy any crypto before they understand how it works. Not even Bitcoin. Else, they will end up keeping their Bitcoin in an exchange which I don't support as well.
Trading is not like we usually think if we are patient, it goes well. That would help but it was not the only thing that matters a lot, it is also how we strategies and make effective strategies based on the marker condition. Whether we like it or not, there is no perfect trade that ever happens, sometimes we lose and sometimes we earn. But if it all goes to losing more, there is a big problem with that and must be corrected or else, we can no longer expect a profit anymore.
Loosing is inevitable because there's no such thing about being perfect trader and since this market is really that unpredictable on which there's no way that we could really be always that profitable.What matter the

most is that you would really be ending up profitable on which this is something that we do really need up to target out. If you do lose up money then try to make out back up plans which it would be the most ideal
thing to be done. Overcoming losing is not simple because this would really be resulting on needing that kind of control of emotion because this is what thing that been mainly be affected.
Emotions is one of the most common reason on why you would really be having yourself altering out your analysis or plans is really been affected by this.

What matter the most is that you would really be able to make out back up plans whenever you do lose a said position because not all would really be that having that kind of emotion control
and able to mind off completely on what you should do whenever the price would really be going into the opposite side. Its ideal that you should really be having this behavior.