you need to overcome your fear of losing money

[NamedUser]

As long as you gain ~60% of the time you'll be a great trader. That really adds up over time because of the compound interest.

[Yuuto]

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

It depends of what you mean by losing - if you lose a single trade out of say, 10, then you shouldn't be worried at all. However if you are losing on your overall net profits than you might want to reconsider you strategy, or whether if you want to trade at all.

I think that the fear of losing your money actually keeps people in check - so that they don't actually LOSE ALL THEIR MONEY.

[BrewMaster]

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

not really, you should embrace this fear of losing money. it is a good thing it shows that you are not an idiot running around with money to waste in your hands.

when you have some fear in you, it forces you to think twice before making any decisions and as long as this fear is not clouding your judgement it is a good thing to have.

[MinerHQ]

As long as you gain ~60% of the time you'll be a great trader. That really adds up over time because of the compound interest.

I can't say much about what percentage is good but as long as one can make a profit with their trades on monthly or weekly basis then should be fine. But you're making loses over one month with different methods then think twice to trade again because you may be missing something to consider.

[JohnyBigs]

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

not really, you should embrace this fear of losing money. it is a good thing it shows that you are not an idiot running around with money to waste in your hands.

when you have some fear in you, it forces you to think twice before making any decisions and as long as this fear is not clouding your judgement it is a good thing to have.

I would think to do the exact opposite of what you just said.
If one continues to lose money then it shows they are an idiot because they are just careless and do not value money for what it should be in the first place.
It just shows that they never learn from their mistakes, which to me is an idiot.

[serjent05]

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

The sounds like lose were becoming an obligation. And I will never win if I never lose.

Not that it defines what you are thinking, this is more like a psychological and emotional preparation.  Saying all things is possible in trading, or whatever thing with involved money in it.  Besides you will never succeed if you keep on holding back, skills, talents, effort and money alike.

[zero1ten]

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

I agree, because the best teacher will always be experience. You won't know the value of something until you lose it thus teaching you how to avoid it next time.

[xuan87]

it is true, too much involving your emotion in trading is going to ruin your trade strategy, it is good to have fear of losing money in small portion, it will keep you aware and keep on searching for way to lower down the risk, but in trading if you fear too much then you can't think logically and in the end you will missed the opportunity to earn a bigger profit

[talkbitcoin]

you need to start small and learn how to manage different situations over time in this market. trading is like any other job in the world you start at the bottom and work your way up, if you try to start at the top with lots of money you will end up losing money.

and fear only happens when people are newbies and don't know what they are doing. if you have experience you know very well how to handle different scenarios and if you are a newbie and have invested small amount then again there is no room for fear and you think more clearly.

[clickerz]

it is true, too much involving your emotion in trading is going to ruin your trade strategy, it is good to have fear of losing money in small portion, it will keep you aware and keep on searching for way to lower down the risk, but in trading if you fear too much then you can't think logically and in the end you will missed the opportunity to earn a bigger profit

I think in order to overcome the fear of losing money, it is best to trade or spend a money that you can afford to lose only. In that way, even if you lose money it is not hurtful enough since in any way,you don't care it even if you lose.Same is true with gambling, never involved too much emotion.

[arwin100]

it is true, too much involving your emotion in trading is going to ruin your trade strategy, it is good to have fear of losing money in small portion, it will keep you aware and keep on searching for way to lower down the risk, but in trading if you fear too much then you can't think logically and in the end you will missed the opportunity to earn a bigger profit

I think in order to overcome the fear of losing money, it is best to trade or spend a money that you can afford to lose only. In that way, even if you lose money it is not hurtful enough since in any way,you don't care it even if you lose.Same is true with gambling, never involved too much emotion.

Good though's but hard to implement since people intend to spend more money rather than controlling themselves on spending their money on certain areas of invesment nor gambling, people always seeks their personnal satisfaction thats why i can say that losing money is just normal to us and the fear for losing some is just on start and if started surely it cannot be stop until the money will drain.

[veleten]

remember how I lost with DOGE price dropping almost 2 times in 2015
as luck would have it I bought some dozens of millions of coins and made good short trades BTC-DOGE pair
but then the market started to go down and I kept bying
had to cut loss at 50% deposit total loss,sad times
wish my fear of losing money took over me that particular time

[prtty2gal2]

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

I agree, because the best teacher will always be experience. You won't know the value of something until you lose it thus teaching you how to avoid it next time.

But losing money in trading could be avoided instead of learning a lesson from that.

Because whenever we are failing to control our emotions that will lead to losses both in trading and gambling. Fear is one of the important factor at which most of the traders do get failed.

Fear of loss will lead to more losses. Also overcoming it is possible only by experience.

[BingoDog]

I agree that losing is the part of trading. It's part of any investment. That is why you shouldn't put in anything more money then you could afford to lose. But  I don't think you should get used to it too much otherwise you will stop looking for solutions how to avoid it. You have to keep certain amount of fear, that is healthy for trading.

[Robertqueen2]

Sometimes you can learn from other's losses, but I think no one has clean history, and I agree you should lose to learn and become successful trader, it is all about experience, as much you have experience as you can avoid losses.

[streazight]

Getting fear must be one of the biggest failure of emotion control, that may lead to collapse of predetermined trading plans. But overcoming it with experience will be possible for any trader as I have done.

[coinplus]

Getting fear must be one of the biggest failure of emotion control, that may lead to collapse of predetermined trading plans. But overcoming it with experience will be possible for any trader as I have done.

Usually I do not get fear when I am having strong technical analysis for my trading plans. But whenever I go for trading based on some third party prediction calls, I do really get fear about my trading results. Yes, fear of losses always kills my trading plans. My experience has nothing to do with my efforts to handle fear while trading, but still trying.

[Victorycoin]

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

The sounds like lose were becoming an obligation. And I will never win if I never lose.

I think it is rather that losing, most likely, would wake up the ideas of a trader that sets out to become a profitable trader. It compels a trader to reevaluate his/her stand in every trading decision they set out to take. Experienced and inexperienced traders alike, encounter loses from time to time in the forex market, what makes the difference is that experienced traders endeavor to win more than they lose.

[MMA]

it is true, too much involving your emotion in trading is going to ruin your trade strategy, it is good to have fear of losing money in small portion, it will keep you aware and keep on searching for way to lower down the risk, but in trading if you fear too much then you can't think logically and in the end you will missed the opportunity to earn a bigger profit

yes its ok but on small scale, but if you afraid and not going to invest your money anywhere then its not good, as we can see that in all king of investment risk is always there and we cannot stop investment because of risk, we have to take risk and only then we can be able to make money, therefore we need to overcome our fear and invest money in trading different sites.

[Mbokani]

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

how can you determine losing to be part of a successful trade.First learn the market and then start trading so that you wont lose your hard earned money.Never trade with your money without knowing the market and that is not how you gain experience.It is called stupidity