It's better to stop desire-driven trading

There are many in the losing side, but

they already have a basic sense of the market, and what happens is they lose during the middle of the trend

Probably, the majority of traders continue with greed-driven trades

This is especially true for discretionary traders

Even more so for discretionary traders who lean toward system trading

When to stop

Stop without looking at the results, just find the point to stop

That kind of process is extremely important

Because if most people ignore these and carry over losses, they end up with a substantial negative balance

In trading rankings

The reason why averaging down trades lose so much is

Not that averaging down is inherently bad

Rather, averaging down covers up the human lack of sense

Averaging down is often likened to a devil's technique, but

I think it is relatively angelic because it covers up the parts where you are weak

However, if you think greedily, it becomes a devilish method

The tool used to cover it can be perceived as merely a profit-multiplication tool, which leads to a bad trading habit

Averaging down means

it is a covering method based on market sense

It is not something to double profits

It is the same idea as hedging; hedging does not mean doubling profits

it is simply something that covers your trading

Many traders tend to undervalue their mental state,

the mental aspect is extremely closely connected to trading

When you trade, there inevitably comes a part that must be decided by discretionary judgment

In such emerging market conditions

Greediness inevitably becomes a hindrance

Because you think “the previous market was fine” and don't cut losses on averaging down

As a result, losers who rely on averaging down stand out in trading rankings

As a factor of losing

Desire-driven trading accounts for a considerable portion

Indeed, what we want to do is

Trade × earn profit

But these are still results of “ups and downs happening repeatedly”

Therefore, even though the intention is to repeat the up-and-down results,

we end up trading in an up-and-down way without regard to desire-driven trades

As a result, they end up in a negative balance

Therefore, greediness depends on the market

If the market shows signs that are not favorable to your trades

you should cut losses and think about it

It’s like walking a tightrope with greed

Trading is a sequence of selection and rejection

To keep your mental state going, you should avoid desire-driven trades

The feeling of “I lost today, but that's fine”

is the correct mindset for traders

If you think “I must earn no matter what!”

when a market that cannot be saved appears, you will accumulate losses

By repeatedly curbing desires and repeating the ups and downs

your trading results will improve accordingly

If they don’t improve, you should raise your level of greed a bit

This is a trading concept that involves a lot of mental aspects, right?

That itself shows how closely mental state is involved for traders