Transform your losing trading strategy into a profitable one

[Bitcoin_people]

I think it is never possible to turn a loss into profit by going against your strategy. But if you have adopted such a strategy and if you are successful here, then it was your luck. Basically, in the case of trading, we know that the market is always on the rise, you will either profit or face a loss according to the strategy you adopt.
Basically, to be profitable in trading, you must first have experience and have an idea about when it is better to buy in the market and when it is better to sell. Only then can you be profitable if you have to use strategies intelligently in trading, but many times even experienced people face losses only due to market instability. Therefore, investing is better than trading, most of the time you have to face losses mainly due to market instability.

[Hamza2424]

Here is a simple trick that can help you turn your losing trading strategy into a profitable one.

First, you need to understand that financial markets (stocks, cryptocurrencies, forex) only move in two directions: they either go up or they go down. In reality, this is the only thing we can be certain of in the markets — they are either bullish or bearish.

So, if you already have a losing trading strategy, you can make it profitable by intelligently reversing your entry zones. Simply try doing the opposite of what you usually do. Take the time to rebuild your strategy and learn how to identify liquidity.

That's a terrible suggestion bro, haha I mean just do the opposite of what we are doing and we can reverse our losses into profits, we We're just undoing our trades. That's not how trading is we have to analyze the market for its behavior and after understanding it we have to see what we are doing wrong here.

If we are in lose we have to analyze the market behavior by doing technical analysis and fundamental analysis, although the fundamental analysis is pretty good now a days, every news is a good news except few ones. From technical point of view bitcoin has to lose its value because investors wants alt season.

[Oluwa-btc]

Here is a simple trick that can help you turn your losing trading strategy into a profitable one.

First, you need to understand that financial markets (stocks, cryptocurrencies, forex) only move in two directions: they either go up or they go down. In reality, this is the only thing we can be certain of in the markets — they are either bullish or bearish.

So, if you already have a losing trading strategy, you can make it profitable by intelligently reversing your entry zones. Simply try doing the opposite of what you usually do. Take the time to rebuild your strategy and learn how to identify liquidity.

Meanwhile,I can assure you that a losing strategy doesn't always means it's useless,the blueprints just needs adjustments.A poor strategy with strong risks management can outperform a good strategy with low risk management.It's actually possible to reverse a losing strategy into a profitable but it depends on why the strategy has failed In the first place, identify root cause and apply effective methods.

[M47AK16]

First, you need to understand that financial markets (stocks, cryptocurrencies, forex) only move in two directions: they either go up or they go down. In reality, this is the only thing we can be certain of in the markets — they are either bullish or bearish.

So, if you already have a losing trading strategy, you can make it profitable by intelligently reversing your entry zones. Simply try doing the opposite of what you usually do. Take the time to rebuild your strategy and learn how to identify liquidity.

This might be the dumbest thing I've heard but yet might work for few who always tend to take wrong decisions. This might even ruin our entire balance just while providing liquidity to the reversed trades. What do you suggest about the original open trades? Should it be open while adding a reverse trade or to close the original and then open a reverse trade?

In either of the options, chances of hitting another loss is pretty common. Just imaging you close your original trade and open a reverse trade and markets starts favouring the initial trade. Here you not only end up in loss again but also will start breaking your head and start making a series of wrong decisions because of the pressure to cover up your losses. I would not recommend this mostly to the ones newly starting trading.

[Futurexxx]

Here is a simple trick that can help you turn your losing trading strategy into a profitable one.

First, you need to understand that financial markets (stocks, cryptocurrencies, forex) only move in two directions: they either go up or they go down. In reality, this is the only thing we can be certain of in the markets — they are either bullish or bearish.

So, if you already have a losing trading strategy, you can make it profitable by intelligently reversing your entry zones. Simply try doing the opposite of what you usually do. Take the time to rebuild your strategy and learn how to identify liquidity.

This is called counter-trading, a method use by some people who do not trust their analysis. If you try this method, the market will wound you badly because there is a way the market manipulates your mind. The moment you start trading against your strategy, you will realise that your strategy actually works but the problem have always been your inability to follow it with patience. I suggest you work on your trading psychology,  it could be the key to you becoming a profitable trader.

Anyone that trades in  such a manner, seriously don't know what he or she is doing, he is trading blindly, and this is one major reason most traders lose money in the market because they just enter the market blindly without knowing anything they are doing.
How can such person be thinking of going the opposite direction of what he usually does believing it will work?
Anyone with such mindset is just doing emotional trading and it's the fastest way to lose and blow up your account.

When I started trading, I can still remember the terrible emotional decisions I made while trading, I short a trade, and in the space of ten minutes, the trade start going the opposite direction of where I wanted it to go, so I closed the trade and re-entered it to go in the opposite direction of where I initial wanted it to go, but to my surprise, the market went against me the moment I re-entered it to go the other direction. So what am trying to say is that trading is 95% psychology, so if you can't control your emotions, you are bound to lose even more money in the market regardless of the strategy being used.

[Ndabagi01]

So, if you already have a losing trading strategy, you can make it profitable by intelligently reversing your entry zones. Simply try doing the opposite of what you usually do.

Oh, really? So, you think if it works that way every trader who has suffered losses wouldn't have turned their way around or you think it hadn't occured to anyone of them to think the way you just enumerated? Just so you know, trading and its psychology don't work that way.

It so surprising that the OP will think that after so many years of people trading the market, no one would have come to have such idea of trying trading out the other way round. Even gamblers who call themselves traders would have tried that out and would have worked for them so perfectly well that everyone will become profitable through trading.

Trading is much more than what you can just predict and win always or most of the time when you predict the outcome of the game and you win. Trading is very technical, complex and not an easy one to get by but with consistency and perseverance, you can achieve success and profitability with it in the long term depending on how fast you’re able to understand and apply the right techniques.

[Ziskinberg]

I think it is never possible to turn a loss into profit by going against your strategy. But if you have adopted such a strategy and if you are successful here, then it was your luck. Basically, in the case of trading, we know that the market is always on the rise, you will either profit or face a loss according to the strategy you adopt.
Basically, to be profitable in trading, you must first have experience and have an idea about when it is better to buy in the market and when it is better to sell. Only then can you be profitable if you have to use strategies intelligently in trading, but many times even experienced people face losses only due to market instability. Therefore, investing is better than trading, most of the time you have to face losses mainly due to market instability.

However, not all the time a losing strategy can still be fix and turn into a profitable one. Just accept the fact that once you have already incurred consecutive losses, your strategy has already gone out from its worth and its time for you to develop a new one. Remember no strategy lasts forever, that’s why you have to keep an eye on it and immediately develop a new one once you’ve seen its value is no longer there.

[henmark]

I think it is never possible to turn a loss into profit by going against your strategy. But if you have adopted such a strategy and if you are successful here, then it was your luck. Basically, in the case of trading, we know that the market is always on the rise, you will either profit or face a loss according to the strategy you adopt.
Basically, to be profitable in trading, you must first have experience and have an idea about when it is better to buy in the market and when it is better to sell. Only then can you be profitable if you have to use strategies intelligently in trading, but many times even experienced people face losses only due to market instability. Therefore, investing is better than trading, most of the time you have to face losses mainly due to market instability.

However, not all the time a losing strategy can still be fix and turn into a profitable one. Just accept the fact that once you have already incurred consecutive losses, your strategy has already gone out from its worth and its time for you to develop a new one. Remember no strategy lasts forever, that’s why you have to keep an eye on it and immediately develop a new one once you’ve seen its value is no longer there.

Switching such trading strategies requires a lot of monitoring and patience. People often will think about switching their strategies if they start seeing losses but these losses can convert into profits if we still hold patiently. Switching strategies can not always work and can also tend to give more losses than profits. It is always better to stick with the initial strategy and get out of the trade if it doesn't workout. If initial strategy fails that means there is something wrong with the analysis and might need more attention.

It is always better to re-evaluate the positions and spend some time studying the strategies to come back stronger. Trading is quite dangerous if you are blindfolded by a single strategy. As rightly said by you, a single strategy will not last forever as markets tend to change and individual needs to stay up-to-date with the recent ongoings.