Quote from: Kelward on Today at 11:53:38 AM

Quote from: Abu-Naim on August 14, 2023, 02:45:06 PM

Quote from: KupaCrypto on August 14, 2023, 10:17:23 AM

There are few factors that leads to unfavourable trading, these factors includes Greed, and chasing a trend, Traders are expected to encounter Challenges during trading and relating these challenges with people's experiences can be the key in solving the challenge,
Sticking to the trading plan is also good to avoid unfavourable trade as changing plans in the middle of a trade Can really lead to a loss in trade.

If the trading pattern you stick to stops working for you, and you probably stop gaining profit from trading, then it is time to review other trading patterns and make some changes because no one wants to lose.

Greed is not always favorable, but following trends pays sometimes when you do good research about the trend and take caution before starting to follow the trend.

I believe that inasmuch as it's good to stick to a pertan in trading and follow it through, we shouldn't be too rigid because we might discover midway that we're charting in the wrong part. So what I think is that we should apply caution and patience while making trading decisions so we can get profitable results, I think that in some rare cases that it's ok to follow trends if you must, only that whatever decisions must be carefully thought out. Why I say this is because with the best trading pertans and perfect market analysis and predictions, traders still experience loses, so the trader can sometimes be dynamic and change a strategy when it's absolutely necessary.

Be versatile and be that easy to adjust on which i would say that it would really be that something that a must thing that you do when you do hover yourself towards into this market.
You would really be needing to be versatile since we do know that there would be things that we might be able to encounter on which it isnt really written on textbooks or could be seen those information on line on which
you would really be able to learn up things accordingly on the time that you do make up trades. Dont expect that you could really be able to perfect out trading because there are people who are really that perfectionist
on which they will really be that liking to make perfect trades on perfect time.

Unfavorable or non profitable trades is something that we can commonly be able to encounter. So it is really just that right that you would be needing to adjust accordingly basing up on the things
that you do met up. If you do lose, then try to dca but if it hits your SL then try to make some re-entry. Rinse and repeat on which it might not be that easy
but its not something impossible.