Quote from: uswa56 on July 04, 2024, 09:23:04 PM

Quote from: lven on July 03, 2024, 08:23:49 PM

Quote from: uswa56 on June 22, 2024, 10:59:31 AM

-snip-

In trading, it frequently happens that the trade we closed the day after or a little while later turned out to be more profitable. Market dynamics and psychological considerations are to blame for this phenomena. We are frequently subject to short term volatility and panic selling when we conclude our trades. This is further complicated by our own impatience and market volatility. Using smart trading rules with discipline and a long term outlook is very crucial. We cannot win in trading unless we are consistent and practice good risk management. By keeping this in mind we can turn a profit on our trade.

When you experience a situation like the one you have described, of course everyone will feel disappointed, but the best thing is for us to continue to look for the mistakes we made and learn from them again and must be able to improve in the future and when those who hold an asset experience a decline in Of course, this will cause panic for some people, but we also need to re-do analysis so that we don't waste our time holding the assets we hold and in dealing with market conditions that have high volatility, of course this requires patience and not making decisions. If there is a mistake, of course we have to do an analysis first in order to produce a decision that benefits us.
Continuing to practice trading will help us learn directly, but if we haven't really mastered it well, look for someone who can help us learn this and of course we have to use a little capital first and after we have mastered it well. Of course we will be able to take advantage of the funds we have.

Of course , I liked your words very much and It is very important that we should keep looking for our mistakes and learn from them. This process is done by people who have a purpose a goal. In order to achieve our goals, it is important that we realize our weaknesses and try to overcome them. Learning from mistakes is the only way to progress. A man cannot call himself a teacher in any field unless he is constantly learning. This continuous learning habit keeps us on the path to success. Every new mistake gives a new lesson and brings us closer to our destination.