Quote from: CroverNo01 on February 24, 2025, 03:47:01 PM

Quote from: Dewi Aries on February 22, 2025, 10:29:34 PM

Recovering and even making some profits is not an easy scenario in trading, and in your case, you have managed to reach that phase but unfortunately everything went back to the beginning because of dissatisfaction, honestly I can't exclude greed in this case because that is what brought you back to the loss, and honestly I don't know why you preferred to continue the session instead of stopping and securing the amount of profit but yes that's what you will get when you don't set a profit limit. If I were in your position then there is nothing else I would do but accept all the circumstances even though it is a bit difficult, I would prefer to take a break and go on vacation to calm my mind and come back after my mind is calm. Wink

Taking a break amidst all the cornerstone of losses gatherings, not a sign of weakness, but a bold wise step to relieve the pressure and having to encompass strategy for purpose to reinforce winnings in the system. Go out for recreational activities, atleast the mind will ease away from the losses made. Firstly, the market constitutes more dangers than one could possibly imagine. I've come along to witnessed such trespassing hurdle on the path of traders. They become confused and concerned with grip of fear when running losses, we understand the damage it will cost someone. Trades going against me? This will occur when we're not in the right state of our minds, instability in placing solid trading pattern.

Some people do think up this way on which they've been that believing that at the time that they would be backing up or would be stopping then they will be having those kind of feelings that they are weak or simply being a failure, this is why at the time or moment that they do face up such situations or scenarios then the would really be that still continuing despite of the tough conditions that they have instead on trying out to have some break and just call it a day. We do know that dealing up with a volatile market is never been easy and doesnt really give out guarantees that you can be able to make profitable trades anytime and thats normal. This is why it isnt really that a bad thing that you should really know on when to stop and have a break because not all analysis would really be that 100% precise and thats why you should be having at least some considerations.

Price movement is unpredictable as always on which there's no way that you can be able to make yourself that be always sure on every entry or positions you do make. This is why risks management will really be that relevant and same goes with emotional control. You cant really just that have dealing up with this space without having these initiatives. Sometimes people do missed it out but at the time or moment that they do experience for themselves on how this market behaves and how it is highly devastative then this is where they do make out adjustments and realizations.