Just as the title says, what do you when the day is not good for you and whatever trade you pick goes against you ?
I was making consistent profits from last 3-4 days but I guess today is not my day.
I picked a trade and lost but then recovered the lost and made profit in second trade.
I could have exited with profits but then I thought of making more profits but the rest 3 tades I picked were on the losing side.
Thus I ended up losing all the profits made in last 3-4 days. Please don't start with greed related stuff but how do you deal with the day ?
Here is my weekly strategy, first thing first, I don't do leverage trading, what I do is spot trading and I share my trade to atleast 3 different pairs and Bitcoin must be there and the rest is alts which are most of the time sol and nm, these are the coins I have been slowly printing money from and if you look at the weekly move, these coins hardly go against you, the only way is the top but depend on when you open the trade and close the trade but profit is always made.
Here is what my recommendation to avoid market going against you. Just like I said never bet against the market and the trend because thats your only friend and that's what you should follow, doing that will make you lose money an if you are going to trade a very volatile trades, don't forget to always use stop loss, this is not something many people use because they believe the market will revive but fun fact, some coins take forever to return to your entry price.