Quote from: tygeade on Today at 05:29:54 AM

Quote from: ndutndut on July 12, 2024, 09:25:38 AM

In trading, nothing is instant, everything requires a process. All successful traders must have experienced bitter experiences in trading such as strategy errors, wrong decision making and so on which resulted in losses. However, they made this an experience for the future, not something to regret. However, it is through failure that they can learn a lot and be more careful in making trading decisions. From experience we can also form a stronger mentality when the market is not going well.

In fact, Trader is simple and easy, if done right. What is difficult is controlling yourself, forcing yourself to trade even though you don't have the knowledge and can't wait for the moment to buy and sell. Making mistakes over and over again does not turn those mistakes into learning and greed. This is what causes a person to experience pressure, fear and doubt when trading.

That is unfortunately true, a lot of people do not realize this but it takes time for people to get used to having what they imagine they could have. People do think that they could simply just make a profit right away, when in fact that is not the case and you may have to wait for it a bit, and usually most people are not willing to wait for it.

This is why the best way to approach this would be just assuming that you are going to make some profit based on whatever technical analysis we need to do. If we can get a good result, that is going to be after we realize that we set out to make that profit, we can't keep second guessing our moves and expect the market to profit us anyway, that is not how it works and we need to keep on trusting our judgement.

Usually these people only judge from the profit factor that they will get, they do not see anything else that there is a loss behind it all, usually this assessment only applies to novice traders who want to get profits quickly, and do not see what they will get if they are wrong in their trading approach, they are not wise in making a decision and these people will only realize after what they did wrong, and the continuous losses will even make them frustrated. Impatience in waiting for the moment will also be fatal in trading.

Yes, the best way is how you are disciplined in making good decisions and approaches and making good strategies that will make profits later. Your mindset must be changed and assume that the profits you get are the result of what strategies you apply to your trading, so traders are difficult don't get hung up on luck because yes I agree market conditions will not always be in our favor. Enjoy the process will undoubtedly produce good results