Why am I always in a back and forth?

M.Joey

Banned
Sep 3, 2023
5
1
4
27
Some days of trading go well and become profitable on average but the next few days always go worse leaving losses on average. What’s the reason behind this?
 

Oli_jackson

Trader
Mar 27, 2023
95
12
19
45
You probably lack consistency in your strategy and approach to your trading style. Consider expanding your knowledge on risk management and also keeping a journal can be exponentially useful in such situations.
 

CallahanSinclair

Active Trader
May 13, 2023
125
16
34
40
Some days you make money in trading because the market's doing well or your strategies are working. But then, things can change, like the market getting tricky or you might start making different choices, especially after a win or a loss, which can lead to losing money.
 

fargana

Active Trader
Nov 14, 2022
163
23
29
34
Some days of trading go well and become profitable on average but the next few days always go worse leaving losses on average. What’s the reason behind this?
Maybe a kind mean reversion property in prices which eventually translates into mean reversion of returns..Especially if your system have no edge but well-defined in money management so you will have up and down periods with mean zero
 

NatureGirl

Trader
May 3, 2023
90
13
24
22
thats how life is, Uve just gotta deal with it. if U wanna get ahead U should keep a journal of all Ur trades. later take a look back at it, figure out whats causin Ur losses and then steer clear of those moves.
 

Maverick

Master Trader
Apr 3, 2014
454
7
79
Bournemouth UK
Let your winners run and cut your losses short ... keep adding to a winning position

NEVER move your Stop Loss
 

Maverick

Master Trader
Apr 3, 2014
454
7
79
Bournemouth UK
Sorry I should have been clearer ... I meant NEVER move your stop losses AWAY from the price

Take the hit then wait for the next opportunity

Trailing the stop is good IMO ... IF you can get the distance right
 
Dec 14, 2023
15
4
9
42
How serious are you about this line of work? If you are seriously looking to make it, then dedicate more time and effort to this. Look into other strategies that might suit you, your capital, and available time.
 

Antho

Trader
Mar 16, 2023
33
4
19
23
Some days of trading go well and become profitable on average but the next few days always go worse leaving losses on average. What’s the reason behind this?
What you're experiencing is quite common in trading. Markets are inherently volatile and unpredictable, making consistent profitability challenging. A few profitable days can easily be followed by losses due to changes in market conditions, news events, or simply the ebb and flow of market sentiment. It's crucial to have a solid risk management strategy and not get swayed by short-term successes or setbacks. Always review your trades, learn from them, and adapt your strategy as necessary. Remember, trading is a marathon, not a sprint.
 
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