Quote from: Powerjumboo on Today at 06:15:00 AM

Quote from: pawanjain on January 30, 2025, 06:07:44 AM

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 ?

As per my understanding, you should not trade one after another on the trading platform and you should not trade with excessive greed. When you had 2-3 trading profits on your trading platform, you should have taken a break from trading. If you had taken a break from your trading, then you might not have had to count the losses. You might have tried to make more profits and become more greedy, due to which you are in loss on the trading platform. However, always keep yourself less greedy on the trading platform and trade with a healthy mind, understanding the volatility, then you will definitely see good response on the trading platform.

Whenever you do make out some day trades or intraday then it will really be that best that you should be setting out some max trades per day on which neither you do experience a series of win or loss then you should stop there no matter what. Dont make yourself that having that overtrading because this is where people do usually mess up their trading because of having that kind of impulsive approach on which they've been that trying out to achieve something or chase up something. Lets say that you are on a series of losing trades on which your mind will really be telling you to trade even further and might you do be able to get some winning trades on next time on which this will really be that even more disastrous if the market wont really be go along on what you had analyzed. This is why its really that important that you should really be setting limits because if dont have that limits then you will definitely causing up that huge problem into your trading capital and later on you would be having that regret.