Quote from: Gladitorcomeback on Today at 01:50:03 AM

Quote from: Dzwaafu11 on September 02, 2024, 04:02:54 PM

Getting back to the market will be for people that do not have deep knowledge of trading because I don’t see how to get back to the market and be successful in that trade for the fact that you are trading with greed thinking that you will get back your losses in just one trade. There is no doubt you will lose the money. Trading has high risk, especially if you have little knowledge about trading.

Even experienced people don't do that. You will never see a professional, full-time, and experienced trader fighting against the market because that's foolish and you won't get positive results out of that. You can't stand against the market, you will always need to walk behind it because it's the market and its movements that make you profit, and your job is to understand those movements and act accordingly. If you try to go against it, it's going to ruin you.

When a good and experienced trader loses money in a trade, they stay calm, it's the first step after facing failure, you are not supposed to panic but stay calm at all times because when you lose your cool, you are going to make wrong decisions and those wrong decisions will make you incur even more losses.

So stay calm, evaluate the situation, find the mistakes, and prepare for your next trades while keeping the previous mistakes in mind.

Fighting against the trend will really be just that suicide or trying out to make yourself that become impulsive on the time or moment that you are losing your trades and trying out to recover and this is why you do try up on chasing up those loses on which it do resulted out with that kind of desperation on which we know that this one wont really be putting up something beneficial but rather it will really be giving out that huge disappointment on the moment that you would be losing up even more. If you are someone whose really just that new to the market then most likely you will really be doing such stuff due to lack of knowledge and experience towards this space. Never ever trying out to have that kind of revenge thing or whatever for it would be as long it do correlates into this one. Instead, you would really be that trying out to reassess on whats the main cause of those loses and trying out to make adjustments if ever you've seen something relevant. This is what professionals or good traders would be doing instead on trying out to recover their loses via having those desperate measures.

If you are someone whose really that not good when it comes to self control or having that kind of being emotional because this is where shit things do happen on the moment that you do find yourself
having that kind of reaction. It will always be better that you should really be that getting along or depends into your trading capability basing up on the experience that you had gained up all over the years.
You wont be able to sustain yourself if you would really be that highly reactive into it. This is why it will really be better that you should really be acting out on what supposed that you should gonna do.