Quote from: uswa56 on Today at 03:24:03 PM

Quote from: Ndabagi01 on September 21, 2024, 12:26:43 AM

Quote from: Sabuj_pal on September 15, 2024, 03:20:11 AM

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.

It seems you’ve listened to a motivational speech about trading and looking for that one big win that will make you to have confidence in your trading from that point. The truth of the matter is that you can’t just be feeling the market, you’ve to be sure that it’ll go to that direction before you enter the trade. The only way you can achieve that is by having a strategy that’s works best for you. If your strategy is been respected often, take that trade as you never can tell which one can give the big win. Market is not about thoughts, stop thinking it’ll go your direction just because you wish for it to go or that direction is what will give you a win, learn the strategy and when it works, apply it to all of your trades.

If we only listen to the motivation and then decide to enter the market and make a trade, then this will be very risky and true as you have said in trading, of course we must have a strategy before deciding to enter the market to trade, because without a strategy and only relying on our thinking, of course this will lose the capital that we trade, therefore it is very important for anyone who will do it. trading to be able to prepare themselves both in terms of the funds they will trade and the strategies they will use in trading, because if we do not understand trading well and only rely on the thoughts and motivation we get from others, of course we will make mistakes when trading.

I think the OP's problem is not because of the strategy that is not mastered. he is not fully ready for trading, not ready for market work. there are also cases of novice traders who profit on their first trade, even without good knowledge of trading. maybe we can call it luck. but in the case of OP, he is not ready for trading.
mistakes in trading are inevitable, it's just that we try as much as possible to minimize the risk of mistakes. now OP makes a mistake that he is aware of, of course he has gained experience. now his job is to prepare everything better again. trading is not just about buying and selling, trading requires planning.