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 ?
This problem is constantly seen in those who do short-term trading. After making profit for a few days, that profit ended in 1 day loss. on average, losses are more than profits in some months.The reason is greed it is true. You can't control yourself when you make $20 a day profit.Then it seems that you can make more profit. You don't stop trading until you lose your profits. This happens all the time with a short time trader. so holding is the best way to protect losses and profit from crypto