Post
Topic
Board Trading Discussion
Re: Trading 2025. Health is wealth.
by
Oshosondy
on 07/01/2025, 12:22:20 UTC
We shouldn't see losing as a bad thing. That's what helps keep traders humble 😏. Without losses traders would be full of themselves that they've arrived. As for keeping awake to monitor your trades, don't you think you've yo reconsider your trading strategy as it doesn't suit your temperament. Perhaps, day trading may be better than scalping where you've to consider a higher TF to pick your trades and allow them run their full course with predetermined SL. That way you're sure to be at peace.
Losses are not bad thing for new traders but they are bad thing for experienced traders. I do not use stop loss at all as I prefer to trade with low amount of money and do a little averaging instead. Traders have different strategies. That is the reason I like to check the market so that I can average at the appropriate time. But you can also make a limit order of the average buy instead. That is good but I noticed that it is not good at night. I have tried all my best to avoid trading after 8 pm.