When you start off there is a lot of emotions involved, usually because you’ve over invested and then want a bigger return quicker. Both these usually end up with the inevitable loss and then giving up
I think that hoping is somehow can be useful if we speak about trading activity. I consider hoping as a part of a good spirit you know. Every trader must be well-prepared mentally to trading activity, thus hoping is a part of this preparedness, I believe it would be better if trader will hope for the best rather than will be nervous and stressful, isn't it? The worst thing for every trader is a rely on luck. Every trader must have to know that luck is the last thing a professional trader should think of. There is no luck at all and often everybody who rely on it spend all their money and bus their accounts.