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Author Topic: I quit trading  (Read 241513 times)
Apened
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April 29, 2017, 01:41:32 AM
 #1341

I quit trading every time I lose a large amount of money. But then my emotions pass and I return to trading again. This is a good way to multiply your capital. But you need to be prepared for losses and not have emotions
I think its not quiting it is only resting for a moment for your mind to back in normal . Emotion is the no.1 enemy of trading if you are get along your emotions the more posibility that you will lose . And what you did is ok so it will neutralize again when you back to trade.


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erickkyut
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April 29, 2017, 01:51:50 AM
 #1342

I quit trading every time I lose a large amount of money. But then my emotions pass and I return to trading again. This is a good way to multiply your capital. But you need to be prepared for losses and not have emotions
I think its not quiting it is only resting for a moment for your mind to back in normal . Emotion is the no.1 enemy of trading if you are get along your emotions the more posibility that you will lose . And what you did is ok so it will neutralize again when you back to trade.

That's right. Emotions are not necessary in trading. You should keep in mind that trading is for medium to long term investments. Don't expect higher return immediately. Well, higher return can be achieved sometimes but not most of the time. You need to monitor the market from time to time if you want short term income.


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batang_bitcoin
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April 29, 2017, 02:25:15 AM
 #1343

I quit trading every time I lose a large amount of money. But then my emotions pass and I return to trading again. This is a good way to multiply your capital. But you need to be prepared for losses and not have emotions

That's a good attitude that whenever you lose large amount you are stopping for awhile but my suggestion is that you shouldn't trade that way. If you had large amount then secure it first so that you will be having an assured and secured fund to hide. As you are suggesting to multiply your capital in a nice manner, don't trade with large amount if you can't take the risk.

Babyrica0226
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April 30, 2017, 07:08:42 AM
 #1344

So guys, after 2 years of trading i am going to stop. (unless i have full time to trade, which i currently don't)

I have calculated all my trades on the various platforms i have used in the last couple years.

Deposited: 47BTC (roughly)

Withdrew: 40BTC (roughly)

Overall i am happy with the results, i would pay 7 BTC anyday for what i have learned so far.

Now the question is: what the fuck do i do now with my money.

No one will stop you, if you like to quit in trading. Though we know that by making trade in the market is the most profitable ways here in
Bitcoin world. And doing trade also needs a self-control and self-discipline so in the end our emotion will not control us.

Tra

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Sled
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May 01, 2017, 05:50:29 AM
 #1345

So guys, after 2 years of trading i am going to stop. (unless i have full time to trade, which i currently don't)

I have calculated all my trades on the various platforms i have used in the last couple years.

Deposited: 47BTC (roughly)

Withdrew: 40BTC (roughly)

Overall i am happy with the results, i would pay 7 BTC anyday for what i have learned so far.

Now the question is: what the fuck do i do now with my money.

No one will stop you, if you like to quit in trading. Though we know that by making trade in the market is the most profitable ways here in
Bitcoin world. And doing trade also needs a self-control and self-discipline so in the end our emotion will not control us.
Yes you are right, self discipline is the best thing to have before going into any source of income because most of the time if you don't have any self discipline then you will not have a control to yourself and you will just be greedy and you will lose the game and that will makes you think that quitting is the best way to avoid losses which is not.

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May 07, 2017, 10:36:04 AM
 #1346

So guys, after 2 years of trading i am going to stop. (unless i have full time to trade, which i currently don't)

I have calculated all my trades on the various platforms i have used in the last couple years.

Deposited: 47BTC (roughly)

Withdrew: 40BTC (roughly)

Overall i am happy with the results, i would pay 7 BTC anyday for what i have learned so far.

Now the question is: what the fuck do i do now with my money.

No one will stop you, if you like to quit in trading. Though we know that by making trade in the market is the most profitable ways here in
Bitcoin world. And doing trade also needs a self-control and self-discipline so in the end our emotion will not control us.
Yes you are right, self discipline is the best thing to have before going into any source of income because most of the time if you don't have any self discipline then you will not have a control to yourself and you will just be greedy and you will lose the game and that will makes you think that quitting is the best way to avoid losses which is not.

Could not agree there more mate!
We highly needed the discipline in order to succeed in life. Without it, we are like just the mariners of the sea that are just keep on wandering because there is no compass being used.

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May 07, 2017, 10:44:30 AM
 #1347

If you have experience in forex. I suggest you work in forex. I think you may find your lost confidence again. Cry
nicolas1979
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May 07, 2017, 01:46:29 PM
 #1348

Maybe you can use your money for business online, build a shop or get married ( that if you are still single ). But try to understand where your failures in trade, so you can find a way to fix it. Because that mistake can happen again if you start to build your business in the future. You can do anything with your money but be wise to use it. Try to build your own business system about what you like, understand and get more money. Do that and good luck.

BCTBF
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May 07, 2017, 01:49:43 PM
 #1349

So guys, after 2 years of trading i am going to stop. (unless i have full time to trade, which i currently don't)

I have calculated all my trades on the various platforms i have used in the last couple years.

Deposited: 47BTC (roughly)

Withdrew: 40BTC (roughly)

Overall i am happy with the results, i would pay 7 BTC anyday for what i have learned so far.

Now the question is: what the fuck do i do now with my money.

No one will stop you, if you like to quit in trading. Though we know that by making trade in the market is the most profitable ways here in
Bitcoin world. And doing trade also needs a self-control and self-discipline so in the end our emotion will not control us.
Yes you are right, self discipline is the best thing to have before going into any source of income because most of the time if you don't have any self discipline then you will not have a control to yourself and you will just be greedy and you will lose the game and that will makes you think that quitting is the best way to avoid losses which is not.
Yes self-control in this case is very necessary so as not to get much loss, from anger and emotion that turbulent in self.

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May 07, 2017, 03:59:45 PM
 #1350

Maybe you can use your money for business online, build a shop or get married ( that if you are still single ). But try to understand where your failures in trade, so you can find a way to fix it. Because that mistake can happen again if you start to build your business in the future. You can do anything with your money but be wise to use it. Try to build your own business system about what you like, understand and get more money. Do that and good luck.
Stop doing a job is not right if we do not have a good reason. A lot of things we have to fix, see where our weaknesses and also our strengths. When after analyzed the result is like that then it is the thing we have to fully accept.

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richardsNY
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May 07, 2017, 04:14:54 PM
 #1351

Stop doing a job is not right if we do not have a good reason. A lot of things we have to fix, see where our weaknesses and also our strengths. When after analyzed the result is like that then it is the thing we have to fully accept.

It's actually very simple -- if things don't work, they don't work. I think that's reason enough, isn't it? It's pointless to force yourself to do something that isn't possible to achieve. In case of trading, most people are just blindly buying at whatever price in the hope that they get lucky. It will work out once, maybe twice, but at some point you'll see that without proper market understanding it's better to not do anything -- it's called self protection. Certain people just aren't made for trading.

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May 07, 2017, 05:27:00 PM
 #1352

I quit trading every time I lose a large amount of money. But then my emotions pass and I return to trading again. This is a good way to multiply your capital. But you need to be prepared for losses and not have emotions
I think its not quiting it is only resting for a moment for your mind to back in normal . Emotion is the no.1 enemy of trading if you are get along your emotions the more posibility that you will lose . And what you did is ok so it will neutralize again when you back to trade.

That's right. Emotions are not necessary in trading. You should keep in mind that trading is for medium to long term investments. Don't expect higher return immediately. Well, higher return can be achieved sometimes but not most of the time. You need to monitor the market from time to time if you want short term income.

I share your feeling because I have the same sometimes. About four years ago I invested in altcoins and as a newbie I decided to store them in a cold wallet. Not to tell it was my biggest mistake ever. I did well and believed its gonna be my future investment. Obviously, I was wrong. I was sitting on these cold wallets for a couple of years almost lost everything until one day I decided to return for the old time sake. Not to mention I am so happy to be back with more experience and less emotion attached to it to make real money. My secret is patient and lots of readings. Smiley

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May 07, 2017, 05:43:46 PM
 #1353

Stop doing a job is not right if we do not have a good reason. A lot of things we have to fix, see where our weaknesses and also our strengths. When after analyzed the result is like that then it is the thing we have to fully accept.

It's actually very simple -- if things don't work, they don't work. I think that's reason enough, isn't it? It's pointless to force yourself to do something that isn't possible to achieve. In case of trading, most people are just blindly buying at whatever price in the hope that they get lucky. It will work out once, maybe twice, but at some point you'll see that without proper market understanding it's better to not do anything -- it's called self protection. Certain people just aren't made for trading

Yeah, to do the same thing all over again and expect a different result is bordering on insanity

The problem is that most people learn it only the hard way, namely, when they got heavily kicked in the ass (e.g. via losing their capital in a shit coin investment). In fact, some people can't learn anything at all fundamentally, and they stubbornly keep making basically the same mistakes time after time (many scam victims are like that). So calling it a day and quitting may not in fact be the worst decision, after all

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May 07, 2017, 05:48:57 PM
 #1354

Stop doing a job is not right if we do not have a good reason. A lot of things we have to fix, see where our weaknesses and also our strengths. When after analyzed the result is like that then it is the thing we have to fully accept.

It's actually very simple -- if things don't work, they don't work. I think that's reason enough, isn't it? It's pointless to force yourself to do something that isn't possible to achieve. In case of trading, most people are just blindly buying at whatever price in the hope that they get lucky. It will work out once, maybe twice, but at some point you'll see that without proper market understanding it's better to not do anything -- it's called self protection. Certain people just aren't made for trading

Yeah, to do the same thing all over again and expect a different result is bordering on insanity

The problem is that most people learn it only the hard way, namely, when they got heavily kicked in the ass (e.g. via losing their capital in a shit coin investment). In fact, some people can't learn anything at all fundamentally, and they stubbornly keep making basically the same mistakes time after time (many scam victims are like that). So calling it a day and quitting may not in fact be the worst decision, after all

For me it's a kind of a dilemma: missing opportunities or preventing further losses. Sometimes I lose a lot at the start of my day which awfully sucks and I am near my stop-loss threshold however, I am also that kind of person who will think that the day is young to quit early and so I would do another round or just stop. But being responsible is the best way to go rather than being optimistic. Self-control is hard to achievein trading, but if you master that, you might end up being a winner after all.

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May 07, 2017, 08:42:18 PM
 #1355

Stop doing a job is not right if we do not have a good reason. A lot of things we have to fix, see where our weaknesses and also our strengths. When after analyzed the result is like that then it is the thing we have to fully accept.

It's actually very simple -- if things don't work, they don't work. I think that's reason enough, isn't it? It's pointless to force yourself to do something that isn't possible to achieve. In case of trading, most people are just blindly buying at whatever price in the hope that they get lucky. It will work out once, maybe twice, but at some point you'll see that without proper market understanding it's better to not do anything -- it's called self protection. Certain people just aren't made for trading

Yeah, to do the same thing all over again and expect a different result is bordering on insanity

The problem is that most people learn it only the hard way, namely, when they got heavily kicked in the ass (e.g. via losing their capital in a shit coin investment). In fact, some people can't learn anything at all fundamentally, and they stubbornly keep making basically the same mistakes time after time (many scam victims are like that). So calling it a day and quitting may not in fact be the worst decision, after all

For me it's a kind of a dilemma: missing opportunities or preventing further losses. Sometimes I lose a lot at the start of my day which awfully sucks and I am near my stop-loss threshold however, I am also that kind of person who will think that the day is young to quit early and so I would do another round or just stop. But being responsible is the best way to go rather than being optimistic. Self-control is hard to achievein trading, but if you master that, you might end up being a winner after all.
that is way it is  saying that experience is too much important in trading alt coin. as most of the people who do not have any experience in trading they do not have any planning for trading and that is the reason they most lose money in trading and therefore they stop playing gambling any more.
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May 08, 2017, 02:05:22 AM
 #1356

Stop doing a job is not right if we do not have a good reason. A lot of things we have to fix, see where our weaknesses and also our strengths. When after analyzed the result is like that then it is the thing we have to fully accept.

It's actually very simple -- if things don't work, they don't work. I think that's reason enough, isn't it? It's pointless to force yourself to do something that isn't possible to achieve. In case of trading, most people are just blindly buying at whatever price in the hope that they get lucky. It will work out once, maybe twice, but at some point you'll see that without proper market understanding it's better to not do anything -- it's called self protection. Certain people just aren't made for trading

Yeah, to do the same thing all over again and expect a different result is bordering on insanity

The problem is that most people learn it only the hard way, namely, when they got heavily kicked in the ass (e.g. via losing their capital in a shit coin investment). In fact, some people can't learn anything at all fundamentally, and they stubbornly keep making basically the same mistakes time after time (many scam victims are like that). So calling it a day and quitting may not in fact be the worst decision, after all

For me it's a kind of a dilemma: missing opportunities or preventing further losses. Sometimes I lose a lot at the start of my day which awfully sucks and I am near my stop-loss threshold however, I am also that kind of person who will think that the day is young to quit early and so I would do another round or just stop. But being responsible is the best way to go rather than being optimistic. Self-control is hard to achievein trading, but if you master that, you might end up being a winner after all.
that is way it is  saying that experience is too much important in trading alt coin. as most of the people who do not have any experience in trading they do not have any planning for trading and that is the reason they most lose money in trading and therefore they stop playing gambling any more.
Experience is what we need especially the skills you acquired or learned from your experiences in trading ,but your skills will be nothing if you can't monitor or haven't enough time for you to trade .It enters the word you said to plan Yes, its much better so you know when to do trade if have time on it .Traders who can't monitor their coins have a higher risk of losing as they can't able to sell when a price pumps .Having a time and focus on your trade is good If youbhave lack of time it is better to buy a long term holding altcoins .


 
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May 08, 2017, 02:09:12 AM
 #1357

I dont know why OP not successful as trader because they dont want what they do. Being trader is not easy you need time, focus and everything to earn If you want to earn bitcoin in tradinf you need a lot of research use strategy, tips andf follow the updates of the coin you want to buy if they have potential or note.  I dont recommend to invest your moneyin hyip. TRADING IS THE BEST FOR ME

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May 08, 2017, 03:44:20 AM
 #1358

I dont know why OP not successful as trader because they dont want what they do. Being trader is not easy you need time, focus and everything to earn If you want to earn bitcoin in tradinf you need a lot of research use strategy, tips andf follow the updates of the coin you want to buy if they have potential or note.  I dont recommend to invest your moneyin hyip. TRADING IS THE BEST FOR ME
Simply because trading is not for him, he quit after spending a lot of time as a trader because he is at losing status, we cannot blame him for that as everyone has their decision on how to manage their money. I believe trading is easy if you have the heart of a trader, make sure you devote your time and consider it as passion.

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May 08, 2017, 04:01:32 AM
 #1359

I dont know why OP not successful as trader because they dont want what they do. Being trader is not easy you need time, focus and everything to earn If you want to earn bitcoin in tradinf you need a lot of research use strategy, tips andf follow the updates of the coin you want to buy if they have potential or note.  I dont recommend to invest your moneyin hyip. TRADING IS THE BEST FOR ME
Well not all of us are becoming successful trader and if op didn't became a successful one and he decided to quit, that's his decision. But right now I'm pretty sure that there's no way to quit in crypto trading because its very profitable.

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May 08, 2017, 04:46:12 AM
 #1360

I dont know why OP not successful as trader because they dont want what they do. Being trader is not easy you need time, focus and everything to earn If you want to earn bitcoin in tradinf you need a lot of research use strategy, tips andf follow the updates of the coin you want to buy if they have potential or note.  I dont recommend to invest your moneyin hyip. TRADING IS THE BEST FOR ME
Well not all of us are becoming successful trader and if op didn't became a successful one and he decided to quit, that's his decision. But right now I'm pretty sure that there's no way to quit in crypto trading because its very profitable.
I agree, because op is not successful in trading and he decided to quit, I think it's a pretty good decision, and I also have never succeeded in trading because I was too panicked and selling coins at the wrong time, lol. and I also decided to quit trading before I got a lot of losses.

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