How much confidence do you have in yourself when trading?

[SPOON_MOJO]

Honestly I dont think anyone can have 100% confidence all the time in trading, There are just too many variables and the market is unpredictable But I do think with experience and a sound strategy you can create enough confidence to adhere to your plan Fear never goes away fully but learning to control it is what makes the difference

[LUCKMCFLY]

Losses on the other hand tarnish confidence. It's as a result of loss that most traders give up in the market.

It is for this reason that we must understand that every time we trade we must see that everything is possible, that losses are part of this, and that for whatever Reason things must be accepted, I as a trader must accept that I lose, but that I only lose the amount of money that I am willing to lose, that is all, from then on what comes is greater learning and the losses must decrease as we gain more experience.

[Blaze]

It is for this reason that we must understand that every time we trade we must see that everything is possible, that losses are part of this, and that for whatever Reason things must be accepted, I as a trader must accept that I lose, but that I only lose the amount of money that I am willing to lose, that is all, from then on what comes is greater learning and the losses must decrease as we gain more experience.

Accepting trade losses, in my opinion, is not about succumbing to destiny; it is about embracing the process being done. Failure is not evil; in fact it is a friend, as a wheel is to a car in a world we can only qualify as open. You can start to evaluate how ready you are mentally to respond to the system of failure, not only capital readiness. Regardless this money is lost, its value will be bearable, if you realize this loss is not beyond the condone amount you initially set out for. It is not about how many times you succeed but how well this narrow minded person continues to maintain his calmness and clarity when the market that he accurately forecasted is not as he predicted. This kind of awareness makes you grow up without the resignation of having no strength to continue.

[sampoerna]

Honestly I dont think anyone can have 100% confidence all the time in trading, There are just too many variables and the market is unpredictable But I do think with experience and a sound strategy you can create enough confidence to adhere to your plan Fear never goes away fully but learning to control it is what makes the difference

As for Bitcoin, I have full confidence that there will be a new ATH this season.

But for altcoins, hmm, not all altcoins are able to do it. It is even possible that some top altcoins are not able to realize the hope to be able to pass the previous ATH.

However, hope is indeed one of the factors that convinces us to still keep holding our assets. But on the other hand, we also have to watch the development of the era, so that we at least will not feel regret if we are late in taking action on our assets

[BitMaxz]

Losses on the other hand tarnish confidence. It's as a result of loss that most traders give up in the market.

It is for this reason that we must understand that every time we trade we must see that everything is possible, that losses are part of this, and that for whatever Reason things must be accepted, I as a trader must accept that I lose, but that I only lose the amount of money that I am willing to lose, that is all, from then on what comes is greater learning and the losses must decrease as we gain more experience.

Not losses but learn from the mistakes. But, in my opinion, for safety, whatever strategy we use, we should stick to it and be disciplined enough to follow your strategy guidelines.
Another thing is all strategy out there works you just need to optimize them and only trades with high probability.
Do it with paper money and test them out until you see your strategy profitable before you are going to live trading.

[Salahmu]

Honestly I dont think anyone can have 100% confidence all the time in trading, There are just too many variables and the market is unpredictable But I do think with experience and a sound strategy you can create enough confidence to adhere to your plan Fear never goes away fully but learning to control it is what makes the difference

Having confidence doesn't even have anything to do with success in trading because you can have confidence but doesn't have what it takes to be a successful trader because confidence I understand in trading is just someone who doesn't entertain fear and can take trade and weather they lose or not they will accept the fate , so that's what I feel confident in trading is talking about, so actually the term I think should be more suitable for this is strategy because it comes with confidence of assurance because you no what you are expecting or doing.