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Taking consecutive losses in trading has led to a lot of blown accounts.

Losses affects us psychologically and doesn't make us think logically.

Just wanna know how you get yourself back in right state of mind after taking a loss or better still, how do you handle losses?

Share your experiences and techniques, this will be helpful.  :)

Actually, before I enter trading, I always tell myself that I have to be mentally ready and stable in what will I do because I know that there is a possibility that I will lose my money if I handled it incorrectly. In that way, I set my mind that there is always a possibility that I might lose what I have right now and I have to refrain myself from overreacting because instead of analyzing what I have done wrong, I might just commit another mistake that I'll surely regret. Not just in losing, but also when winning. I also tell myself to not overreact frequently especially when winning because I might do uncertain things that instead of securing money, i will lose it. You just have to know and understand your emotions and you just need to be able to control it in order for you to handle it properly.

Have a limit to yourself about how much loss which you are willing to afford for that day, once you exceeds then just stop the trading activities for a while no matter what you feel inside and just wait for the right time to begin your trading into positive side.You can also use stop loss feature to reduce the risks of getting over blown.

It is very difficult when you have so many successful trades,and then...all of a sudden you lose...But,that is a part of the game,and you have to move on.Tomorrow is another day...

The first time I experienced in cryptocurrency trading, I was still a newbie then and to be sincere I felt really depressed. I was broke then and there were lots of thoughts going through my mind and I couldn’t control it. I just felt like it’s the end of the world. I got really pissed with myself and I started regretting why I ever decided to start trading cryptocurrency.

But later I understood that the fault was from me, because I was trading something I knew nothing about. I didn’t take my time to study everything about trading and how it works, I just heard about it and that people are making money and jumped in immediately and lost my money. I even threw in an amount of money I couldn’t afford to lose because I was trying to double it up. But now I understand everything, although I don’t make much loss these days, when I do it’s not much and I trade with what I can risk.

I wont deny that when i still starting up with trading and do experience losses initially or for some consecutive ones then i do mind
of on quitting directly but it do made me realize that i wont really be a better trader if i do just give up so easily.Therefore, i do
make up some searches and trying to read and read towards other trading experiences out there and reading up fundamentals and technicals
until i do gradually understand on how thing works and how things should be deal on.Your experience would be the best teacher which would
really improve you if you do know on how to utilize it well.

Mental preparation is key.
Understanding your emotion is ultimate.
Great point!



Yes, i concur with this.
You need to set limits to avoid self-sabotaging beliefs.


Losses are part of the game but controlling them will keep you in the game long enough.


We all evolve.
I always try not to blame the market for my mistakes too.
I can always do better



Quitting is never the best option! you will feel more pain when others that started after you quit becomes successful in it.

I'm happy you gathered the experience. It pays quite well.

Sad, Regret, Sat at the corner, Sleep, Energized. Come back the other day - when I lose big.

Trading losses make me feel dehydrated and want to break for at least 24 hours. I will just allow those regrets and disappointment to come to me. After I came back to my feet, I will now analyze what's wrong. On what action I messed up. Then I will prepare again for a comeback.

But again, that only applies when I lose big. For those average losses, it can't really affect me at all. I called it just another day in the office.

I feel almost the same way.

In my case, i just dont want to see anything that looks like a chart not even a candlestick till i feel better  ;D

Losses in trade should be seen as normal taking into account that it does not exceed 10%, in trade you win and lose, the important thing is to learn why it was lost and why it was won, that is the correct way to grow in trading. I always make 3 trades, of which at least 1 must be successful, this to guarantee success always, now if the 3 trades are lost, the strategy or the way of analyzing the market must be completely changed.

Speaking of blown accounts then i experienced several times but i did never give up to go further not on the sense of desperation but i do make myself trying to look on what are my mistakes that i have done when im doing trading and causes for me to have losing position.When you do figure it out then try to overhaul everything and reinvent other ways.This would really involved lots of trial and error because not every strategy would really work if you do tend to make use of it.It is up to a person on how he handle up his self when he experience loss because emotion is always there and discipline into your self and handling out your capital
is the most crucial in trading career.

I can't preach enough of this.
The need for proper risk management.

I disagree with changing your strategy or method of analyzing the market. You are meant to be consistent with your approach in the market.


Exactly!
More the reason Journaling is necessary in order to look back on past mistakes.
Understanding and handling oneself is crucial.

As you mentioned losses effect is psychologically, I am agree with it and that's why it's quite complicated overcome losses. Because all logical thoughts become inactive for quite sometimes after lost fund. But the main thing to overcome losses is patience, cool mind traders probably gainer than normal traders who couldn't control emotions. We should explain yourself during losses that we will gain on another trade, so just learn from your past mistake that you have done with lost trade.

I know it's easy to say but difficult to do, but fortunately there is no other way. Don't trade a single with your all portfolio funds, at least divide it by four and trade different coins or just hold your funds rather than buy single coin. You may trade multiple coins but more than three isn't suggested at a time  (depends on funds limit) and better play with only couple of your favourite coins. Besides that study more and learn market analysis by yourself, don't depends on signal providers.

Have a limit, set a goal to achieve, and well, accept that anything you've started trading is already lost. Especially having a limit and a goal, those are especially important if you aim to trade in the long run. It wouldn't matter much if you're a rich kid aiming to become richer by trading since losses can be neglected cause of your rich-kid status, but if you aren't, losses are something you have to accept, you have to take in, and you have to understand. Don't avoid losses but rather study them and prepare measures to ensure that you won't turn crazy by doing so.
Or you can just do this. Honestly most tips are absolute bs since most people have their own way of coping up to losses, even I can't handle my losses that well even though I follow the tips I just said. Bottom line is you should do something to make yourself calm down after losing so much. That's basically it. The way you do it isn't probably important, as long as you know, it doesn't go over line like killing people to calm down, but anyway, as long as you calm down, you can basically do anything. If trading after losing so much calms you down, you can do so tbh.

I have read Dr. Elder's book and he always has a 6% rule. If you trade continuously but the entire order is at a loss, your account number has decreased by 6% then he advises that we should leave the market briefly. The first is to stabilize the mentality and look back on your mistakes. Then review your trading system and correct those mistakes. When the psychology stabilizes, we return to the market again to trade.

True! I always set a loss-limit for myself at 8% of the transaction. At the time I lost more than 8%, I'll cut the loss - jump out of that transaction and wait until it's stable to re-join in again. You have to do your mind-set, having a strong mindset helps a lot in cryptocurrency trading!

The new traders will not concern about the losses because they attracted to trading after they read many success stories. They are not ready to get losses in trading, but they have a passion for trying trading. Perhaps, we can suggest them to be aware of the consequences of the trading itself, and we always tell them that trading has two option, profit and loss. They need to prepare for anything that might happen in the market, so they know what they need to do if they are in hard situations.

I know and realize the consequences to get lost in trading because I already make many losses before. I only say to myself that I need to calm down first if I get lost, keep trying to analyze the other coins and don't regret the loss that I got. I am sure that if this day we lost, it doesn't mean that we will get another loss in the next hours or next days. Managing our money will be necessary if we can not see a big loss happen to us in a second, so we still have money to buy more amount if the price is down.

I had set some rules before trading so I know how much I can loose it or have capacity. Also I have a stop loss always set so that even it triggers it is a limited loss . In trading , one always can’t make money and you will incur losses as well and should be ready for it .

I often to find the situation and usually I just left the market and find some entertainment like watching movie or hang around.

Because if I force myself to keep trade whereas I have lost a lot of money it can't make me got a lot of profit but it will be an opposite.

I need a clear mind when I see the market back. I have to make an evaluation as well for my experience later. At least I can avoid it and being a learning when I trade back.

You are having a bad shot mate on trading it is better if you will take a break because it is the hard times in trading and one of the things I usually do that you can adopt too is taking a break for meantime and analyze the situation why you lose up your funds and it is more convenient also it helps you to make understand what is your mistake. Also use the trading indicators those are one of the best things you should use on trading but we have different techniques for me I'm using the Moving Average Convergence Divergence (MACD) because it is easier for me to understand the next kind of market movement. Also losing is part of trading that all of the professional traders already experience that kind of problem. You should take a rest for a meantime.

Most of the trader are doing that just to relieve their stress and move on about the result of their trading. Sometimes we really need to have some time for ourselves so that we can relax and do self-contemplation or self-examination to know our mistakes. Once you left the market and reflect on your mistakes due to losses, that's when you need to learn more to prevent that losses to happen again.


Never trade when you don't have a back up money that you can use for yourself or for an emergency purposes. Forcing yourself to trade is never an idea, always trade when you are prepared enough depends on your speculation and after performing technical analysis.


All of us needs to refresh before going back and engaging again in the market, we need to become more prepared and confident again after a huge loss. Every trading transaction is essential and another lesson for you to grow more so as soon as possible, do your best every transactions.

First, you should have a strategy and plans in gambling before you do it. Being knowledgeable and prepared on what are the possible outcomes of your gambling will make you more advance and successful. Limit your budge and stop gambling when your losses surpasses the limit, always think of your money and never be greedy about winning so bad. Do self-examination after a loss so that you can think of the things that you lack which made you lose your money. Sometimes you really need to let yourself to have some time to think about the things that will make you relax and confident at the same time. Gambling is just a game and you should not give your 100% to that. Always keep in mind that there are more things that you need to spend your time, not only in gambling.

This means that you only spend that you can afford to lose, the same on gambling.

Losses in trading can affect the trader either severely or mild depending on how the trader handles it. Pro traders think that they not get affected by any lost but in reality, all of us do it is just some of us can handle it in the most suitable and convenient to them that they can just simply accept or ignore it within a few minutes.

Traders should always know things that they love to do like playing online games or paling basketball for that when a trader loses then he can immediately divert his attention to a different thing and may provide him a positive outlook again. This strategy is applicable to me but some may not because all of us still have individual differences.

Having an edge in the market that makes you money should't make you think about  losses too much. (A good risk to reward ratio will cover up all your losses in one winning trade!)

...and also one needs to follow a good risk management plan that suits you.


Great point!

Everyone's method of getting over losses varies. Find that which works best for you. Just don't beat yourself up too much afterall, You don't expect to win everytime  :)


I refer to mine as the 3-5% rule!  ;D

Once i lose this range of percentage of my account, i stop trading for the day, cool my head, do something else and probably comeback to check my mistake later in the night.

Some losses hurts badly though  :)


Every new trader is sold the dream of trading.

No new trader ever considers loss. All they do is calculation of what their compounded account will be in months without factoring in LOSS!


This is quite necessary.


This point is crucial!

Trading with your last cash/ money you can't afford to lose or a borrowed money will make you cry.



 Risk what you can lose.

What i do most times to avoid the psychological trauma that comes with a loss is that i deduct the amount i'm risking from my current account balance. so in my head, i know i have X amount left.
I take it like the money i risked is gone already.

I see losses in trading like the overhead in a business (amount used for general upkeep of the business)

This can be considered as risk management. This is very helpful for every trader, we should think that not all of our trade will succeed, that's why there is stop loss and it is MUST put stop loss for every trade especially you are in margin trading which is riskier and can lead you to liquidation.

One thing we can handle losses in trading is the total stake on every trade we do, like 5% - 10% per trade of our total available balance is good for me.

IMO, i think you can only trade this way if you have a good win rate.



You actually need to blame yourself to get better and improve.

The market is just there doing its thing, moving up and down!

Having a loss in trading is something that must be faced by all traders, so it must be mentally prepared when starting trading. The best way
to deal with losses is by using the stop loss feature, making repairs for any mistakes, using capital gradually and do your research before
starting trading. If the method I mentioned was successfully realized, then I'm sure the amount of loss experienced gradually decreases.
It can even rarely experience losses.

Losses are what a trader can not wish away because it must come but how to handle it is different from person to person. But for us to be happy when we lose is to reduce our risk. If your risk is reduced, you can accept any loss that comes in your trade. I just let go my loss if it comes.

When I made mistakes or when I lose big amount of money in trading, I make losing very painful. What do I mean by that? I simply embrace the mistakes that I did, I fully understand why I lose and it is because of my lack of planning and also there are things that I do not yet know and I need to learn it. There are many people who not giving time to their loses, losing is part of trading so expect that there are really times that we can lose our money.

There are psychological effect if we will not handle our losses very well, we also make sure that we should journal every our trade for us to avoid the mistakes that we can make again. Backtesting is also important and traders should be aware of it because it is one of the trait of advanced trader who practicing by reviewing the recent and past price action of different kind of charts.

We can become a strong trader if we can fully embrace our losses in trading, we should treat the losses as opportunity to grow. We can become a trader where we can avoid major losses and maximize our returns if we will find the lessons that we can get from our losing trades.

This question has been asked many times, but then I understand coz you are a beginner.

You should also search for similar threads like this if you really wanna know.


Knowing your trading limit is enough to contain the risk in trading, it will help you to stop the losses or having enough profit. We all trader have lost somehow coz the market is blinding with high volatility, thus that will help you understand how the market really works, uncertain but you can work your instinct most of the time. Aside there are many trading strategy to cope up with your loss easily like martingale system, you can search what this trading style OP  ;)

If only traders allow it perform its function. ;D


If you cool with the amount you risk, you good to go!


Losses are the medium via which we grow as traders; only if we look back at them.



Oh! Wasn't aware.
Just asked this question to seek individual techniques of how they handle losses. These piece of information can be beneficial to anyone; even a pro!

PS: I am not a beginner. ;)

It is a pressure thing, if you manage to deal with crypto in levels that doesn't matter to you directly and right away, you will not mind losing money at all, if you deal with crypto with all of your money, you are going to be feeling horrible. I personally put money into bitcoin that I can forget, have I never withdraw at a loss?

Of course I have, but that doesn't mean that I will stop doing what I do which is having enough money to live my regular life, have let's say 200 fiat (whatever fiat you use) ending up excess and put 100 of it somewhere like a bank that we all know would be probably fine, and put the other 100 on bitcoin. This way I have 2 layers before I get to bitcoin and that is why if I end up losing on trading it is not really that big of a deal for me at all.

Learn from it! This is what im doing when im still starting where i do set out into my mind that if i do lost then go back and realize or analyze into things which comes wrong which do result into a loss.Everything would really

have a corresponding reason thats why you do need to learn so that in next encounter you are already aware on the move or step you would make.Just dont give up easily because things cant really be attained on a short

span of time.Lose is always been part since there are only two outcomes which is winning and losing thats why you should let yourself to continue to learn and never ever stop on doing that and the time comes that you

would see yourself that you had improved that much.

What I do whenever I lose in trading?
 I give space to myself because if you can notice, there is a psycological urge of wanting to recover that lose immediately which definitely leads to more of losing in trades.
 
 I am taking my time to reflect and figure out how did I made mistakes and what was wrong with my entries or strategies. Having a good and optimistic mind even if you have losses consecutively will definitrly help traders to start again and recover.

when we have lost, and lost assets, it will be difficult to recover, because sometimes the incident is always unthinkable. however, it takes a long time to recover. in my experience, it's only a matter of time until the psychology returns, but if they are ready to lose, I don't think it will take longer.

I do a short term trading in order to gain even a little but sometime we can't avoid that price go down drastically because we know market is volatile. If that happen i stay calm and hold tight my coins and not selling it in a deep to avoid losses instead i will wait patiently that the price go up again. But nobody knows when the market recover that brings the value to grow.That's why in trading you should have more patience,calmness, and positive mind so that you can handle your losses.

When I experience loss in trading, depending on the situation I night decide to stop immediately or give it a second try, and when things are not working I will quickly stop trading and leave it for another time. It is not good to keep making revenge trades to recover what you have lost, you might end up losing extra money and make any profit that day.

So, I just leave it for another time when my mind is calm, then I will be able to have more focus to trade in a better way and mood. And we need to start accepting responsibility for our loss and stop looking for who or what to blame it on, because at the end it still wouldn’t make any sense. But, we must work on not repeating the same mistake only that can help us to be grooming like a professional traders.

Somehow, I think they only think about how they can make a big profit in the short term without thinking about how they can find the right coin that can help them to make a profit. The new people in trading are lack information on how to analyze every potential coin at the market so that can make them lose any time.


Sometimes, we need a long time to calm ourselves down to accept the loss because I have those experience. But now, I guess I can handle myself from the loss if somehow, I make that loss. With so many lessons we got in trading, that can give us time to be wise to manage every problem that we face. I think that can happen too with the new people because they will get more and more experience to make them grow and improve their skills or themselves.

The space is necessary to avoid that urge.
It is another thing entirely to know when to give yourself space.


Patience and calmness is a virtue in trading


Accepting responsibility for your loss is quite important. The market is never at fault for your loss; afterall, some people profited from that same trade  :)


All new traders need to think risk wise.

At time, i believe losses are even more important than the profits; in as much as the profit is the major goal

Being calm and patient in trading will help you to go through in it particularly with all the losses you commit. We should always understand that trading is a win some and lose some scenario and that we should not expect profits most of the time or else we will end up being depressed. Having this mindset will help you handle your losses without much effort to do.

When losing continuously, we should stop. Sometimes the market doesn't follow your plan so stopping is the best option. In fact, trading is like playing cards. There will be days when you keep winning and there will be days when you keep losing. It is important that you know where the stops are. I have an advice for you, when your account lost more than 10% of your account, you should stop and take a short rest. because at that time you were unlucky and your trading strategy was not effective at that time. Come back when you feel good.

Taking a break is one of the best things we can do after losing too much! It's the same thing when you lose in gambling, sometimes it's better to stand up and do something else for a while, when you chill and cool your head you can continue! It's the best, but many times I get in fire after losing a lot, and I am ready to deposit again and try more aggressive approach, that is pure gambling, you can recover and make a profit or you can lose one more deposit!
What you do after losing depends on how cool you can be after that. I often get in the fire, it's excitement and it's what I like actually, when things get hot and you can win or lose a lot. Don't get me wrong, it's one of the reasons why I like to trade and gamble! Without it there's no fun!

Try to recover them but tracing back your steps and you will find where you did the mistake.

If you can learn the mistake and what caused it, you could learn how to not do it again and that is more important than profit sometimes. That is why I have always said to people that learn how to trade by losing, because losing is the best teacher you could ever have in trading world, when you lose you find out a method that doesn't work, you will eventually find the best way for you (there are many ways) and become a good trader.

Without losing, if you only win, eventually you will come across a lose that will wipe out all the wins and that will hurt you more, but if you lose beforehand when its small, you will learn how to win and grow bigger without interruption (at least not too much).

I thought those who trade and does investment are always prepared mentally to make losses. I mean, its not like those people always make profits. Obviously, there has been a time where they made losses and are now used to it and knows how to "handle" everything.
I would say, try to keep a positive mental attitude. Its going to help you a lot during cases like this.

Being aware of youe emotions and knowing when to stop is something else entirely.

Not everyone knows this.


I remembered back then, i really never wanted to take a breaak from the market cos i was so addicted.  ;D


More the reason why i never regret accounts i blew; they all came with a lesson.


Definitely no one wants to take losses. We all come into the market with the mindset of making huge profits.

Should not easily give up but it is actually a hard thing to be done but not an enough thing for you to surrender if you do just experience a few losses.
All people who do jumped into investment arent 100% fully aware on the risk of losing thats why some of them are shocked on what they do experience
and directly wont able to come back after that one.The goal here is to lessen the risk as minimal as possible, we cant totally eliminate it but with
proper trading skills and emotion handling we can really do it right.

You just have to take every loss as a lesson you get back up and try again. You shouldnt let it get to you thats what i have seen about trading if you start drooling about that one loss you might even get to loose more

In my case, if I lost in trading for a certain coin, I tried not to look back.
I don't check the prices again, I just moved on.
That's what I learned whenever I finished the trading.
Because if I will check the price over and over again, it really messes up my head.
So once I'm done with the trading, I go to another exchange or just log off in my account.
Losing is part of the trading life, so just accept that in some days you will have bad days.

Having a loss is a sure thing that happens if we trade, so we must be able to handle losses in trading. Many ways we can do to deal
with losses. Including controlling emotions when trading, using the stop-loss feature, buy coins that have high volumes, avoid over
trading and don't take profits too big. If the tips I mentioned are done well. I'm sure we can definitely handle losses.

Losing your hard earned money is very difficult to deal with but of course you have to be more professional when it comes to trading so you won’t lose that much. I always set my cutting loss price so I can minimize my losses and its very effective so the next time I trade it should be base on my homework, and not just by any speculation. Stop putting too much emotions on your trading, be professional and be a winner.

I treat losses as a win! It is seems like ironic but I really do. Yes, there still frustation and irritation when I lose but I see the advantages of losing. Mistakes can make us a better trader, I believe that we are not going to become a professional trader if we will treat mistake as a lesson. Losing is part of the game, if we want to survive in trading we should get used to it.

Remember that trading is a game of possibilities, there is a really a times that we can lose. But remember that we should onle have 3 results in every trade and these are: win big, win small and lose small. We should avoid losing big because it is really hard to regain our losses especially if the trend is against us.

If many traders know about that, they will have the opportunity to handle losses in trading, and they don't have to worry if they cannot make a profit again because they will have their time to make it again. But sometimes, our emotion becomes bigger when we see the price can jump to the very high price so that can make us want to wait for another higher price which can lead us to get stuck if the price is back to the lower price. That is greedy that will come to every trader who doesn't know how to close their trade when they can make a profit.

If you are investing your money for Food in table,then you must felt like that but if you are trading here in crypto with
 knowledge then there is no chance that this will across your mind
 because for sure you already know the option and risk of investing here in this volatile market as many of us already
 have this idea so we can smiloe after losing in our trading.

---

And why need to feel like this?Psychological effect?nope it can't be possible if we only invested what we can afford to lose.

Remember that Crypto is volatile so any time we can experience Failure but on other side we can have be a successful
trader just let your mind explore and accept things that may come our way,and if you
 cannot afford day trading then shift to HOLDING.

Great point! had a twist at the beginning  ;D but i get the point.

I think the three results are: Win, loss, and Break-even.


Knowing when to take profits is a skill on its own.
Greed effect sets in every now and then. Just focus on a reasonable target.

Yeah, and it's really hard to learn it, others have experience but it's not a the only thing that will let you know when to get out. I guess one strategy that I use is to have a exit plan, at least if I have achieved my it, I will simply get out and not look back.

No regrets whatsoever if the price continue to increase after I sold off. It's not the nature of crypto, very volatile and unpredictable. And you mentioned greed, yes, that's another emotions that we traders need to get ahold of. We should unless not to get carry but this emotions because in most cases it will spell between a successful trade and profits and losing more money in the end.

I usually prevent me from losing more money by taking care not to make more transactions when I lose money while trading. In addition, I do not neglect to rest myself for a few days in case of a serious loss, and thus, I get my next transactions calmly and comfortably and get a return from those transactions. Also, since I use stop loss when trading, it can be quite easy to save the money I usually lost. If you lose money while trading, all you need to do is calm down a little and re-analyze more calmly. In this way, you can earn the money you lost in your next transactions.

Exactly!. Take your profit and don't look back!

Everytime I experience losses in trading, I calm myself by turning my attention into other things so that I cant think deeply the losses and the mistakes I did. When I was still new I cant handle losing my money and it makes me depress, however as time goes by I learned to accept the unfortunate situation and do better the next time. Because in the end I realized through that losses you will learn something. Its best to only use the amount you can afford to lose so it wont be hard to accept having losses.

It has not been an easy thing to do man. There are times I will be trading and lose a money that I don't want to lose, I will end up feeling really bad that day. When we are not getting practiced to losses in trading, passing the day after a loss will be feeling like leading life in Hell.  I can remember the day I lost money and I couldn't even eat lol ;D. I was just there feeling really bad.

Well, that was in the past, I have learnt a lot and also how to manage my risks. I think anyone that wants to be a day trader or even an investor should learn risk management, it will help them a lot. You should know the level of risk you can tolerate and stick to that level. This time around when I lose money I don't bother much, because I know I will still be able to cover up in few days.

I have already suffered huge losses many times in trading. But I did never give up. I have tried to find out every mistake and try to build my own trading skills. I took a big break so that I could make myself better again. When a trader makes a loss, he tries to find out his mistake. By doing this, he prepares himself so that he does not make the same mistake in the future. Every trader faces losses, but those who can correct their mistakes at once are made good traders. Traders cannot handle their own losses and cannot prevent themselves from making the same mistake again, they cannot be good traders.

if you trade in the spot market, the loss will definitely be replaced by another investment at a cheap price,
but if you play in the futures exchange then you can lose all your money

That makes sense, I never thought about it that way. Trading is not the only part of life and when you end up with a loss it is a very bad feeling, you could figure out ways to see it as a good thing or you could try to just suppress that feeling, but focusing on something totally different is a great idea. I personally never tried it but from now on I am going to try it as much as I can.

To start off with watching a movie after a loss could be a great thing, whenever I feel sad because of something, I try to watch a series on netflix and I am usually watching so many and listed so many I barely ever run out, and it helps me forget them, and loss in trading is one of them that I never considered. So on my next ever loss on trading, I will just go to netflix and start watching a show, that will probably help me too.

While it can be frustrating, it is not the end of the world

Trading is very much like gambling, but unlike gambling all your losses are paper only unless they become realized, i.e. when the position is closed. With gambling it is quite different, and when your balance is wiped out clean, it is the end of the world of sorts. Of course, trading shitcoins is not particularly different from gambling in terms of financial result, but the difference is still one of kind rather than degree. Put shortly, seeing a few losses here and there is nothing for a seasoned gambler who turned to trading

The thing here is that you do still able to have that potential comeback or recovery since you do still own those coins that you have traded which means it not totally a loss or completely wipe out but somewhat
you are holding some less value coins but you can choose to hold em up and this is the difference between pure gambling.

Its not necessary for us to have those lots of mistakes or losses for us to learn.While we are on the process of learning, we should try our best to minimize the risk as possible.

Handling out losses might vary one each individual because not all would really have the same level of understanding and emotional aspect.

If you're in the spot market you can possibly regain you're lost by buying some cheap tokens that have the capability of making yourself a comeback but if you are on a future market and you are wiped, It's sad because you totally lost your capital in it.

You're right, It's not the end of the world if you lose on a trade. We, humans, keep learning new things that we can apply on another repeated process, Just be positive about your loss. It's better to gain real experience in losing to make yourself more determined on your next trades. Remember that no trader has a 100% accuracy on their trades, Every trader experience losses. Weather it is a trading guru, A full time trader or a Pro trader.

I do a lot more research about the project before I invest in it, and will only buy the bottom of a good project. That's how I minimize losses. When I first started out, I invested in a lot of scam projects that stole my money, and I FOMO'ed into shitcoins and panic sold the dips. I've learned a lot since then.

Not a very bright idea if you ask me. While it makes perfect sense in gambling (otherwise known as "roll and run"), with trading you are typically in for the long haul. It means reinvesting almost everything earned to unleash the full potential of compounding. Indeed, you may and in fact must switch between assets by selling overpriced and buying undervalued ones (known as "portfolio reshuffle"), but other than that, it is a never-ending game of making dough

And another key difference from gambling

Trading is something I came to understand that if you are not patience enough forget it. You can't handle the market. Am not a trader tho but have been in that state before. It has to do with lots of calculations and more time into it than to your self. I didn't run away from it because of all that but I just keep away because that's not my kind of life to practice into. But hey I was dam good when it comes to F.a (fundamental analysis) and as well to analyse chart. Now you want to learn some why not try. http://babypips.com (http://babypips.com)

Many things do help me overcome the trauma of trading loses; first is the fact that i fo enter the trade with the mindset that it may go South, then again i do trade with either my spare cash or the money i can afford to lose because you just have to keep learning new market analysis everyday and losing is one of the perfect way of learning them

I guess you have misunderstood what the OP means about handling losses in trading.
Investing in a certain project and holding their token is different from trading alts in the market. Of course when you're trading you don't want to buy shitcoin just to rot inside your wallet.

Losses are inevitable when trading. Experience will give you tip on how to minimize and handle your losses. You basically just need to be patient, learn from mistakes and be very observant on TA's.

It was acceptable to have losses in trading but it was also different when you are saying ALWAYS. If this case is still happening, I have to quite in trading. There is something we need to figure out what is wrong and where are we getting wrong, our strategies? Luck of knowledge? Or we are an emotional trader.
Because we are still going to continue trading without looking these holes on us, believe me, we are not going far but just keep on losing. That was hard when we pretending ourselves that we are totally ready for this thing but actually is not. That is why we have to look back and have to think deeply.

I always set how much money can I lose in a day so that it will affects me a lot. If I find to difficult to trade that specific day I immediately stop and eliminate the possibility that I might lose a bigger amount of money that day. I also list down where are my mistakes in that trade so I can avoid it next time. You can also make different things aside in trading so that you can't trade continuosly.

Trading isn't an easy task nor a simple game. A trader must always set his psychological stability before taking any steps in trading as risks are common in the matter. Also, a good trader doesn't always learn just because he has been told that he must be stable under any pressure, but rather by experiencing such losses in trading and coping it up. Professionals can also loss a trade, but then it is by experience that makes him invulnerable to such psychological breakdowns.

I agree with you. Some people believe in the concept of taking risk and losing while trading to the extent that they've forgotten losing is just to be a part that should make you rethink and restructure your trading strategies towards a more profitable one. It is okay to take risk and make mistakes but don't take blind risk, any trader that want to be profitable must take calculated risk as well be uptimistic always

It is a hard process to be honest.

The first time I trade, I did a lot of losses and it's been a while before myself got used to it. Despite me knowing that Bitcoin and other cryptocurrencies are volatile, I still get upset, regret some of my decisions but in the end I kind work through it. It is still hard to deal with or handle losses since there are other things that could affect you like other problems (personal).

Before I put money into something such as trading, I go with the mindset that I have to be ready to lose all of my investments.
If a loss comes to me, then I'm not too sad about it.
But of course, it affects me in a way, for example with etherium, on the first investment I lost 50%. It made me feel bad, but I knew that it wouldn't affect me at all financially so after some time I got out of it.

well i just accept ang let go about my loss i'll just do it again because i might get lucky and retrieve my loss.

I had experience that before last year, when I made some bad decisions on trading with Bitcoin and altcoins. During that time when I lost a lot or missed that opportunity, I had nothing but regrets and I'm kinda emotional that time. It makes me think that I should quit in crypto trading.

However, if I just quit crypto trading, it wouldn't make me improve as a skilled trader. As for my way in handling losses, I just keep myself that I can get back that money anytime and profit one day. I focus on being productive rather than thinking about the losses, which makes me move on from it. I also admit that I am not skilled enough to be a trader, so I had to educate myself.

Platforms like NewsCrypto, Youtube videos from crypto influencers, TraderCobb and so on have helped me a lot to improve my skills as a cryptocurrency trader. At least I know that the next time I'm going to occur losses, I know what to do by just focusing on being a productive guy and thinking that this loss is just normal and I had to live with it.

I also had a mindset that I'm expecting more losses than profits. In that way, I won't get disappointed and being emotional too much.

Facing losses is not a big thing when you are trading along with calculated risks. It means you must risk in your trading only what you are able to afford on the event of losses. Most people never think about hitting stoploss and that is the reason they will get frustrated when stoploss is happening accidentally. Moreover it is not right to call it accident because we should expect hitting target and hitting stoploss at the same level of probability; hitting both must be having equal chances. Only people who are able to understand these facts could come out of the losses and start focusing on next trade.

Yes, only people who are able to quickly accept losses will get chances to recover it quicker than any other traders. It means thinking and worrying about losses will not help any trader but we should come out of it so that we can recover from another trade. This is the basic rule every trader must remember so that they can easily handle losses while trading.

Facing a loss is never easy but it's something that you need to count on. As long these are sums that you can afford to lose it shouldn't be that bad.
Personaly I don't trade big so the losses are not big either and I like to play on safe cards, to put it that way.
However, if losses happen I usualy pause for a while and try to restore some funds from other sources. I don't push instant recovery with trading because usualy that leads to even deeper loss.

Yeah, always is the difference here when you are trading. Even the greatest traders make losses, you can be a hedge fund worth trillions of dollars and you could still make a loss time to time. Hell they make the biggest ones that destroy the economy most of the times and have financial crisis, so we all know that they do have losses.

However, when you are talking about losing money constantly, that is something different. I personally think the best way to move on from the losses is to figure out what you did wrong and not doing that. But if you have tried many methods and still losing money, maybe trading is just not for you? I don't know the cause of the loss in topic here so I can't say something, how you lost money and why you lost money will change how to handle it as well.

that was hard when you confidently think yourselves that you have already in good shape, well prepared, and willing to lose either.
That is why we keep learning and seek advice for others in order to grow and not to look down on ourselves. If we think like this, we can't be successful and that losing will come closer to us.

Researching the market is not the end of learning. We nees to study everything so we can avoid future losses. Though it's not that 100% assurance you will get the profit, you may escape in total burning of your assets. Having your own analysis is enough to recover losses in trading. I believe that market also a factor why do we lose, but most of time our perfect execution and plan dictate our earnings.

As an individual traders in cryptocurrency, you should know how to accept to lose your assets or investment in trading.
Because if you are not aware or prepared for losing your assets that means your not qualified to stay here in this crypto industry.
If there is money involve, it means there is also lose waiting for us in the future as well not all the time you will win in the market.

As a trader you should understand that you're here to take risks and you should be ready to face them. If you're not ready to take risks then trading is not meant for you. Trading is for people who are ready to take risks and you should know that it's not all the time that you're going to be making profit. There are times you can lose your money in trading.

Why I am saying this is that anyone who truly understands cryptocurrency trading, when they lose their money they won't really worry much about it and they will just relax and look for a way to recover the things they have lost from trading. I believe every trader will find a method to cope of losses but the initial days are the key. If we lose our confident then gaining it back is more difficult that anything else.

It is very unfortunate that losses had come always to us when we are not particular in taking care of our trades. Some/Or many had suffered big losses as they never corrected the previous mistakes that brought these things like this. If we could take immediate action to that matter, I supposed to think that we are not having a problem and that losses will be flattened.

Constant losing is a thing to worried about but if we don't ignore it at once and find the solution to that, it surely we are hitting our target. If we think positive to win this battle, we should take trading seriously.

I will talk about my experienced about leverage trading, specifically binance futures. I know it is riskier than usual spot trading but I tried it anyway and lose several times I also make good positions but my losses are bigger. I tell myself I am not ready with that kind of trading I just stick on spot trading right now and move on from that. I am also doing practice trading on demo accounts on leverage trading to make myself more familiar with those kinds of trading. If I lose I will not be stressed It will not help you mentally and physically better find ways to recover.

The most recent thing that helped me has been watching something when I lose. I know it doesn't make sense to many people here, focus on something else. Learn from your mistakes obviously but focusing on something else does help people a lot. I do not really know how well I can actually do with these kinds of distractions but at least I am trying.

I also would suggest writing down the mistakes you have done, its a good notebook method where you just write what you did wrong and what you think was your mistake, of course knowing the mistake full on well is important, sometimes people don't know what the mistake was, but you can write your guess' there as well. That way when you are studying those notes, you can see what is common and what you should stay away from.

for me, i follow the simplest route, admit to the mistakes made;
find out several possible solutions, figure out how to apply the solution, practice and perfect the trade strategy.

Learning from past mistakes helps alot in trading.

When im still noob at trading, i did really have this kind of notes and amazingly i do fill out lots of pages on writing up on my mistakes but you can eventually read em up again because there were things that you had committed in the past do probably help you out on what youve been doing in the recent day.Taking notes might sound old or isnt necessary but actually it did help me a lot even nowadays.
Handling losses will most likely talk about your emotions because this is one of the hardest things to control on when your mind and emotion collide which would really result into further loss
and made you regret and realize in the end that you've messed up badly.

Most individual investors do not have the wealth, the time, or the temperament to make money and to sustain the devastating losses that day trading can bring. Investor can lose large amounts of money in a stock market crash is by buying on margin. In this investment strategy, investors borrow money to make a profit. This strategy certainly works if the market goes up, but if the market crashes, the investor will be in a lot of trouble.

I am recently trying the contract. Firstly, I use the stimulate functions on exchange. I open 2 orders at the same time, one for increased and one for decrease. When we have the sense from marketing place about the price, we can actually trade in the real market. As a sequence, it is hard to lose both sides.

By the way, when it is obverse to see the increase or decrease, I don't have to open for both sides. Hope this idea helps you.

I find your strategy of coping with loss in trading very risky because you are not guaranteed to earn a profit and you are involving yourself with debt which could damage you financial and make things for you difficult, in my opinion, maybe coping with your loss is not enough, you can learn from them, study the charts on why you lost that trade, every mistake is an oppurtunity and I think loss is just a part of the journey, remember that every one has their days.

That is simple, just accept it, if you lose do not be sad, do not lose hope, just accept the fact that you have lost your money, but accepting is not enough, you to do something to give back the money you have lost. Learn from your mistakes, the good thing to do if you lost from trading is to learn ways and skills for good trading, there is no 100% win rate in trading, so do not think that if you acquire good skills on trading you will always win, it will only lessen the chance of losing. There are many tutorials on youtube where you can watch to be goodd trader.
That's great! Rule no. 1 in trading "trade the money you can afford to lose" you have to accept the fact that you may lose your money on trading.

Before I enter a trade I always ensures that the trade has a higher risk to reward reward atleast 1:2 while entering 2 % of my total portfolio if the trade goes against me I only have 2% off  thus handling the loss without any fear and emotion whereas if a trade goes in my favor I will always earn reasonable profit.
Loss in any trade is inevitable we can only overcome it with a working strategy and a good money management in order to have an overall edge over the market, however a lot of newbies have the perception of getting rich quickly hence trade with a high risk.

Good fund management determines the quality of trading carried out. if the management of funds used for trading is well managed, then minimizing the risk and securing the profits. beginners who trade have different perceptions, but most of the common perceptions are to get rich by trading quickly. They do not know the risk of losing money will be very high, if you do not know the basic trading that is correct and safe.

until now I have maintained my trading quality and minimized the risk of losses that will occur. Loss and profit will definitely happen, just how we manage it.

Well, there's another rule (actually, two rules). It mostly refers to investing (if we consider it a different effort), and it is Warren Buffett's invention. So here are the rules:

Rule 1: Never lose money
Rule 2: Never forget rule 1

If we draw an analogy here, it is not so much about trading the money that you can afford to lose but rather not losing whatever money gets traded. If you follow these two simple rules, you can trade as much money as you want (more money means higher profits)

Most of all the losses caused me problems when I was emotionally attached to the result. Often this happened when I had little money and I used it for trading.
Obviously, I risked funds that I could not lose painlessly, I think this is the main key. Be prepared to lose what you risk.

Trading business spends more than it receives during an accounting period, it has made a trading loss. You can set off trading losses against profit or capital gains in any of the ways discussed below & trade can claim terminal loss relief for losses generated in the final accounting period. Losses may be carried back up to three years and set off against total profits.

Man, you were attached to that trade.  ;D


All markets are risky!


I love your technique  ;D


Well, I believe the only thing that's separates trading from gambling is that your strategy gives you a higher probability of either a buy or sell happening.


If only greed will let everyone maintain proper risk.


Taking my profit without looking back helps me avoid FOMO


No trader grows without looking back! You just gotta learn from your mistakes!.


somethings in trading can't be taught. You have to experience it yourself!


Exactly! That's the word! Calculated Risk


I don't believe trading should be based on luck! If it is, then it is gambling!


If only everyone knew that the stop loss is more important than the target.


Whenever one loses 3-5 times in a row, it is time to re-evaluate yourself.


Trading is a numbers game. You have no idea when you win or lose. All you know is your win ratio which will keep you profitable after all.



Sounds like gambling to me  ;D


IMO, what matters is making sure your win ratio and R:R is good enough


Probably this applies when your position is in profit  ;D

Many people said that trading is one of the best ways to make more earning which is a good thing but I'm against that trading is one of the easiest ways to make more money because trading is full of risk it depends on your self and capability to make win your trades. Some of the people make a preparation about trades like what you need are you having enough knowledge and skills to make more trade and win your trade. Next is you are mentally stable or not because sometimes many people making a trade that they are not prepared enough which is not good because you are prone to make bad decisions in trade sometimes this is the time when the people getting feared and getting greedy.

One of the things I do when I lose my trade is taking a break this is really important because you need to have a peaceful mind to make sure all of your trades are going to keep safe because you have a stable state. Also, it is better if you analyze those problems what are your mistakes and encounter so next, you face the same problem you can now make it so solve and avoid getting loss of your funds.


Loss on your trades is part of the market trading but at the end of the day one of the best things you could have is the profit even you lose a lot but still, you have an income there is a chance you will get a profit.

It's six of one and half a dozen of the other

If you are in profit, you are "in the money" (using the futures market parlance). If you are losing money, you are either breaking the rule 2 or, if you don't forget it, the rule 1. But that's not the point here. The very idea that you should trade only the money you can afford to lose is stillborn, and for a reason. You trade for a living, and that means this rule is meaningless as you could just stay away from trading altogether instead. Warren Buffett with his wisdom hit the nail on the head and got it right 100 percent

Lol i got your point

Taking your profit and running away is not what trading is typically about

As I had explained in the post you quoted, most people are engaged in trading for the sole purpose of making a living out of it, for the long haul, that is. In this manner, they are kinda stuck in the sell-buy routine (as in buy low, sell high), and that means going back and forth between fear and greed as prices go up and down. To sum up, it is far from "taking my profit and never looking back"

You don't get my point.
Once my trade hits my target, I take my profit and move on according to my trading plan.

If I plan to take another trade, I take it also.

"Taking my profit and never looking back" simply means not letting the behaviour of the market after hitting my target affect me.

That's where greed sets in and traders make irrational entries/decisions.

Then that has nothing to do with avoiding FOMO

FOMO refers to greed as it gets aroused when the prices start to rise and people are desperately trying to jump on the bandwagon when it is already too late most of the time (the opposite of jumping the ship when the prices plunge). So it is not about closing your position because it is more about opening one. Put simply, you can't avoid FOMO by closing your position as this is simply beyond the scope of the entire FOMO idea. Just to make things a little bit more clear

It has something to do with FOMO.

Imagine I'm a new trader and after closing my position (most likely when price rallies and gets to a potential reversal zone), I kept on watching this pair and next thing that happens is price breaks past my presumed "potential reversal zone", It is very possible FOMO happens; making me wanna get back in that trade cos I didn't get the most out of the market.

This is what I mean by "Taking my profit and not looking back". I do this to prevent FOMO and other emotions that can come alongside!  :)

Yes, this is a possible development

However, let's picture a somewhat different situation. Again, you are a novice trader (emphasis yours) and just watch the price break past your expected "potential reversal zone". Will that FOMO be weaker or stronger, i.e. when you got nothing out of the market at all instead of getting something out of it? It can be said off the top of one's head that there'll be some minor differences or nuances in that feeling of missing out, but personally, I don't think they would amount to much anyway. Thus it doesn't really matter whether you closed your position prematurely or entirely missed an opportunity to open it in the first place. If anything, in the second case your greed will likely be even more painful and excruciating

The losses in the market should be taken in the normal way, not as failures that lead to total disappointment in personal trade that lead to abandoning trading, what should be taken into account is that the losses do not exceed the profits.

I often loss many time but nothing happens, if you're loss right now today then keep your eyes next step i hope tomorrow your best day. Trade wouldn't make profitable everyday and you're loss because low quality skills. Therefore, go and keep some articles with video for increase your skills after that your loss time will less soon. Do you know every new traders facing same problems but after they're make well. Even i don't know you're a new trader or old but i want recommend try again your best, don't get feedback losser time.

Just take a break if you can't handle your losses and call it a day. Don't try to push yourself too much or else you might be chasing losses if you force yourself. It's all about the discipline and patience that you give each time you are trading. There's no way a single person can get rich in a single day, it all takes time. I am not that a hard trader just like the dedicated one but I always make sure I will gain a profit each time I trade.

Yeah, small break maybe a day or two will be the best way to handle the loss. In my personal experience, when I loss I am also losing my temper and going to trade high amount of money to get back the money that I loss, the ending is very predictable, I also loss that trade and ending up losing almost all of my capital. Taking a break is always be the best way for me to handle losing trade.

And also I highly suggest to avoid this kind of scenario is to always set up a stop loss.  :D

To start with, the advice has always been to not stake what one can't afford to lose. Now to cope with the loss, just view it as one of those things in life and remember to focus your mind on millionaires who lost a lot of chances and finances before finally hitting gold. Think about the Ali Baba guy, Walmart owner, Bill Gates, or Mark Zukerberg and console yourself with their history in hope that one day your day of discovery will roll in.

But more importantly, don't trade what will hurt you if you lose it.

to me, trading is a gambling game and it depends a lot on your performance and luck. When your trading system is not working well for a long time, you should stop and stabilize psychologically. Wait for the market to enter a new phase to continue trading. sometimes the losses don't come from the problem of your trading psychology or trading system, just because the market at that time was chaotic. get rid of that kind of market, wait for it to stabilize and then continue to make money. That's the way I usually do it.

If you lose, like many of have at some point, you just have to analyze where you went wrong and next time try and do things better. Also you need to know yourself and your limits. How much risk can you handle without getting perturbed. As they say NEVER RISK WHAT YOU CAN'T AFFORD TO LOSE. One lesson I learned was NOT to give up, even when the market was flat and down in capitulation. That's the best place to find all the bargains and if you find a good project stick to it. I now play it safe, hedge with some stablecoins always and buy the dips to dollar cost average on my favorite investments. I keep it very simple now.

First of all, don't ever invest on same coin again after you lose it. Wait until everything is stable and then you are free to do anything. Investing on same coins after lost just makes you greed and rage because you want to get your money back, it would be better to just invest on something else for better method.

I think it depends on the conditions. if it's a popular coin, it's OK to choose the coin again. however, I think you need a moment for that. besides, you need to realize that risks that make you ever disappointed can be repeated again. so, when you are ready to trade, you need to prepare the risk. however, overcoming defeat in trading is to choose coins that have more potential than the previous coins, but the risk is very large.

Always learn for those losses and make them motivation in order for you to start again and win for the next time. You have all the time to learn and study about the market trend and situation. Don't lose hope, consider it as a process for learning. Always cut your losses and don't be emotional to trade consecutively if your trades are not in condition. You will learn that taking back your money after losing will take some time so be also patience.

Losses are not something I worry about these days because I mind how much I invest in trading. And I know for the fact that whatever I lose I will always recover them after some days, so it's never something to worry about. I only had serious problems when I was still a newbie. And the first time I lost big money it affected me seriously that I decided to quit from anything cryptocurrency for a long time.

I was also angry at myself for choosing to trade cryptocurrency, but I was wrong because I never took out time to learn how it works. After I decided to go back and the first thing I did was to learn everything that I'm supposed to learn but skipped at first. I think when you're losing, the best thing to do is to stop trading for the day and take time to go through everything and maybe you can continue trading tomorrow.

Well,  i do believe loses are part of trading and it's a way of helping us learn the more so i always take it as a lesson whenever i lose while trading and make sure I don't repeat such mistakes again. It's a bit hard seeing oneself losing while trading though but you just have to accept the fact that it's part of trading, that way you'll be able to handle it the more

But in a way also that we don't need to push ourselves either if we think that we struggle hard in trading. Why we shouldn't give up and move-on.
Trading isn't a perfect place for you if you just keep losing and we better accept the reality rather than to become hopeless enough even though we tried it hard. Give time to understand the situation and also tend to understand our limitations.

It can't be more accurate! You're right. Losses are a part of trading that every trader has to accept. We can't "handle" or "eliminate" the risk of losing capital. Though, we can minimize it by doing risk-management!

I get your point actually. You are referring to the magnitude of the FOMO.

Both are FOMO.

Most importantly, I believe greed/emotions vary based on individual personality and everyone needs to understand this about themselves.


Yes! Losses and wins should be treated equally. There's nothing special, it is just part of the business.


Everyone should avoid chasing losses and always remember Trading is not a get-rich-quick scheme.


The funny thing is that at times, it is not the loss that is painful but just the fact that you're not getting it right. (Especially when you have losing streaks)


I don't see trading as gambling because you have a higher probability of one thing happening over the other.  :)


In as much as losses are part of the game, we can always refine our edge in the market from time to time to reduce our loss rate and increase our win rates.

Emotions should always be out of the door when you are trading, think yourself like a bot and act precisely on why you want to buy something and why you want to sell it. If you have a good logical reason to buy something, you should not be losing too much, if you put emotions into your trading the losses will be far greater and far more frequently. Plus if you do not think emotionally you will not remember last loss when doing the next trading as well.

Handling losses would be in a manner like accepting losses. Just moving out of the scenario and focusing on next trade will definitely help anyone to become profitable over the time. When you are making more profits than losses and occasionally facing a loss and then moving out of it will become everything as a part of life. Yes, losing moments will lose its significance when you remain a profitable trader.

The business spends more than it receives during an accounting period, it has made a trading loss. The stock market crash is by buying on margin. In this investment strategy, investors borrow money to make a profit. The strategy certainly works if the market goes up, but if the market crashes, the investor will be in a lot of trouble.

You made a whole lot of sense in this buddy!