Quote from: Fredomago on December 30, 2023, 11:37:35 AM

Quote from: Hamphser on December 29, 2023, 08:35:29 PM

People would really be able to learn up on hardway on which they would really be just starting to realize things on the time that they would really be encountering those unfortunate conditions. Whereas, they could really be able to avoid it out on the first place if they are really just that mindful on the things that they are dealing with and not something that they would really be that sticking into those things that they do have initially believed. yes, its not bad to stick into those plans but we do know that there are plans which are needed to be that changed for you to move forward. Overtrading is really that a common behavior of most newbies on which we do really have in mind that the more we do trade the more chances that we could hit up a good trade on which it is really that very wrong.

Sooner or later you would be able to realize on to those things werent just that right for you to deal with. There's no way that you could really be able to stop those losses and mistakes to be done.
This is why adjustments would really be that crucial or something that be in default on which you would really be needing to do so.

Adjustments and lots of it is really needed to have a better chance in terms of trading, with how the way you trade will always need assessment and better analyzis in order to know if you are still doing the right thing or you are already being beaten by greed inside you and you are doing it the way like you are gambling with opportunities.

Over trading which exceeding from your limits might bring you decent benefits only if timing is right but if not, expect that it will
only create losses and can bring aggressions that will push you to keep trying for more, that kind of emotion needs to be corrected
as it will cause you losing more money.

Let your emotions rule you in trading and you get to lose it all, traders should never let it out, and the more you know how to tame yourself, the better for you. Trading is certainly risky but there are good approaches to it that will lighten all the dangers in it, and the number one rule is that you should never trade when you are not yourself. No matter how you believe you are experienced, you can only enjoy the experience when you are still yourself, but when emotion has set in, that means it is no more you that is trading but the mention in you. This is why it is good to take a break when one feels an iota of emotion. This starts when you are passing aggression, or overtrading, maybe because you are greedy or you want to recover back your losses.

For the latter, the result has always been losses, no trader will be trading with the wrong psychology that will be able to make success unless the trader is lucky. Even for the luck part, you can only be lucky to make profits or recover back your losses at times but that will not take you anywhere near a successful trading career itself. Let us always be practical and disciplined as we trade, we should shun greed and fear, and we should shun the urge for overtrading or risking excessively. They can't help but make sure that they set our accounts to zero balance ($0).