Sometimes I find myself trading against the market, swimming against the tide!
This happens occasionally. When the market reaches a significant level in our favor, I feel that it's time for it to reverse and go down—even without any specific signals. Conversely, when the market keeps declining, and I anticipate further drops, I still can't resist opening a long position. It's not a regular occurrence, but when it does happen, I end up suffering losses.
Please give me advise how can solve this.
Trading without analysis is akin to going against the current. That’s why it’s crucial to learn how to analyze market trends. We often end up spending too little time on this, and it shows in our results. A common issue among traders is impatience; many don’t stop to wonder why they keep seeing the same outcomes. If we can shift this mindset, success could be just around the corner. But if we keep doing the same things, even after years, we won’t see any change.
So, how do we turn this around? We need to adopt the mindset of successful traders and correct our mistakes. Ignoring these issues only complicates things further. Let’s get it right!