Why did you fail at trading ?

In the face of new ideas or information what Is the best thing to do ?

  • Ignore long (new data) term info

    Votes: 4 28.6%
  • Take in to account new data

    Votes: 6 42.9%
  • Stop and rebuild

    Votes: 2 14.3%
  • Make a system with quick exits as soon as weakness is seen

    Votes: 0 0.0%
  • Worry not about effecting your "stats" and follow your hart.

    Votes: 2 14.3%

  • Total voters
    14
Quote from intervention:

I am not totally fail at trading . I am a looser of many times. My reason for loss is some weakness in risk management and market analysis. When I put an order it goes to loss . I hardly save my trade . Some times I get good profit too from trading . I will recover this weakness soon.

You’re on a very dangerous thought path (the if I could only trade better/ read the mkt better syndrome)


Losing well is a core skill to ultimately succeeding

===================================

Maybe your market analysis sucks… maybe your risk management sucks – I've no clue…

But I can assure you this;

No matter how good a trader we become – no matter how sharp we hone our market analysis – no matter how much money we make…

We all have losing trades

Being able to lose willingly / easily/ small – ultimately defines and determines – our trading success.

It also does wonders for our risk management


Protect capital first - make money second - period


Something to embrace - or not

RN
 
In any research on the greats and in all interviews risk management is at the core for the ones that are consistent. I think ppl that break these rules are the ones chasing losses, what other reason is there. But in my own understanding of trading opportunities along with signals there are times when you can increase your risk. Times when the market is so directional that it is screaming at you "all in short or all in long"
 
Back
Top