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Author Topic: you need to overcome your fear of losing money  (Read 52909 times)
virasisog
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March 04, 2017, 02:21:20 AM
 #381

There is no bad experience because the right term for bad experiences is LESSON. So make your bad experiences as a teacher and not just bad exp. If's question and consequences are just for weak and afraid people who don't want to embrace new things.

Yes, without doubts to overcome the fear of lose, we must gain our own experiences and should learn what were the root cause for mistakes and what are the requirements for avoiding such mistakes. These process of continuous learning from experience will help to overcome the fear of losing money while trading. When are using small capital till that learning phase, then we can easily achieve success.
i also agree with you. that this is one of the most important job  and specially if you want to become succeeded in trading and make good money from trading. i think most of the people have the same problem i also do not have full confident yet and hoe hat i am hopeful that getting some good experiience tradin
If you conquer you will be closer to your aims and goals in life because that is the start .People said invest in your dreams .Investing have many definitions but the best describe in investing is taking risk for your dreams it includes money, time and work.
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March 04, 2017, 03:19:01 AM
 #382

In trading winning and losing is part of it but when you loss all of your money it is normal to worry it is normal to be afraid when you are losing money. no one is gonna be happy when it terms in losing money so it is normal to loss and win and to be afraid for losing too. It is true that losing is a part of trading which is the bad part that you will need to take that as a lesson for you to be a great traders. accepting losing, accepting winning and being afraid you are going to loss, If you have that three you are experienced trader.
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March 04, 2017, 03:36:30 AM
 #383

With bitcoin nothing is assured or predictable. So every user has a small fear of losing money due to the price varying often. Personally I never thought of the varying price and fear for it. I fear of losing money while gambling, because I have felt myself unlucky due to the losses taking place often.
in fact in every king of trading and investment we have the same situation. but i think we can overcome the fear after getting good experience in trading. knowledge and skill is also important factor of overcoming fear in bitcoin.
Risking is needed to take in every business if you want to rise it I think I only advise you take risk but first become king in trading or investing. These are such thing in which you gain profit but at the same time you also lose some like stock market but I think experience and knowledge is the key thing for this.
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March 04, 2017, 05:40:27 AM
 #384

Fear is the main disadvantage to the human being when it comes to investment. Don't fall in tricks when you don't have money, always be open yourself when it comes to investment. One thing you need to remember is to invest which you can afford even though you loose, many people will fail to choose the right one to make money.

Once you are confident about yourself and analyze the market twice and thrice in order to make your guessing should be correct, but every time your guessing won't be correct. You need to suggest yourself and move forward for another best option for you.
JL421
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March 04, 2017, 01:40:43 PM
 #385

With bitcoin nothing is assured or predictable. So every user has a small fear of losing money due to the price varying often. Personally I never thought of the varying price and fear for it. I fear of losing money while gambling, because I have felt myself unlucky due to the losses taking place often.
in fact in every king of trading and investment we have the same situation. but i think we can overcome the fear after getting good experience in trading. knowledge and skill is also important factor of overcoming fear in bitcoin.
I don't experience is that important in trading because I know a friend who is trading for a year
now but he still doesn't know how it works but I saw him actually having a profit and when I asked
him how he told he does is gambling , so sometimes skill isn't everything.
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March 04, 2017, 03:02:21 PM
 #386

Fear is the main disadvantage to the human being when it comes to investment. Don't fall in tricks when you don't have money, always be open yourself when it comes to investment. One thing you need to remember is to invest which you can afford even though you loose, many people will fail to choose the right one to make money.

Once you are confident about yourself and analyze the market twice and thrice in order to make your guessing should be correct, but every time your guessing won't be correct. You need to suggest yourself and move forward for another best option for you.

As you see nothing happen as what we've already plan
And all you want will never running as the way we wish
Cause of that if you say by scare or worry will be the main idea people left behind
I think there's a moment we have to be worry according to view thing which happen as scam
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March 04, 2017, 03:12:55 PM
 #387

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Sounds like a gambling philosophy, still could not ignore its meaning. One of the basic thumb rule of trading is we cannot prevent losses but we will be able to cut the losses early when it will be very small. Yes, losses also a part of trading.
I don't think it is much of a gambler's philosophy than it is trader's way up the ladder of profitable trading. Losing is inevitable in a financial market, because there are countless factors at work at any point in time in the market. Understanding just that, puts a trader in the right position to research and develop ways out of such losing proposition since the market have proven to be cyclic in nature.
Trading is diffrent to gambling. But there is a common denominator between the two. It is the risk , in trading there is a risk to lose or to earn it depende to how you will manage all your tradings and transaction. One should always have prescence of mind and patience regarding on trading. There is a big difference when buyying and selling if you will do it wrong. You can never earn if you will not try at all.
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March 04, 2017, 03:56:52 PM
 #388

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

Same is with gambling. Without taking risk you will never earn profit, and when you take risk you usually lose. Many young traders are afraid to lose, so they don't take any risks and that results almost no profit for them so they leave. Every, young and old trader must know that they can and probably will lose some money before earning it

 
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bitbob82
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March 04, 2017, 11:38:09 PM
Last edit: March 05, 2017, 01:06:39 AM by bitbob82
 #389

In trading winning and losing is part of it but when you loss all of your money it is normal to worry it is normal to be afraid when you are losing money. no one is gonna be happy when it terms in losing money so it is normal to loss and win and to be afraid for losing too. It is true that losing is a part of trading which is the bad part that you will need to take that as a lesson for you to be a great traders. accepting losing, accepting winning and being afraid you are going to loss, If you have that three you are experienced trader.
when a person enter in to the world of bitcoin he must understand and accept the reality about the lost and winning in the trading because these are the most important factors of trading. and if you have the fear that you will lose money in trading then you cannot give concentration and may not be able to remain effective in trading.
nicolecan13
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March 05, 2017, 12:51:07 AM
 #390

You must need to overcome that kind of fear because when you gumble, trade, invest, etc. There is always a risk. You can always loose your money or have profit. Thats how money works in the business. Thats why if you want to succeed take the risk and have no fear in loosing your money. 
Sled
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March 05, 2017, 04:35:58 AM
 #391

In trading winning and losing is part of it but when you loss all of your money it is normal to worry it is normal to be afraid when you are losing money. no one is gonna be happy when it terms in losing money so it is normal to loss and win and to be afraid for losing too. It is true that losing is a part of trading which is the bad part that you will need to take that as a lesson for you to be a great traders. accepting losing, accepting winning and being afraid you are going to loss, If you have that three you are experienced trader.
when a person enter in to the world of bitcoin he must understand and accept the reality about the lost and winning in the trading because these are the most important factors of trading. and if you have the fear that you will lose money in trading then you cannot give concentration and may not be able to remain effective in trading.
Yes that is right having fear of losing money can be a distraction for you to concentrate in the game because you will think of losing your money anytime you do trades and it will be the reason why you can make bad decision to results in losing money instead of avoiding it. So removing your fear of losing money can help a lot for you to do well and concentrate in trading.
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March 05, 2017, 09:15:58 AM
Last edit: March 08, 2017, 03:42:34 PM by coinplus
 #392

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

Same is with gambling. Without taking risk you will never earn profit, and when you take risk you usually lose. Many young traders are afraid to lose, so they don't take any risks and that results almost no profit for them so they leave. Every, young and old trader must know that they can and probably will lose some money before earning it
Well you can’t compare gambling to trading sure they both involve risks but gambling is all about luck and no skill in trading you have to be smart and learn so much about the market, and being afraid of losing is something that everyone faces and they should overcome because losing is a part of learning and developing a good experience.

Risking is needed to take in every business
Sometimes I do see, fearing to take risk helps people to protect their capital. We must need to act according to the situation and risking will not help all the times. I may be wrong but we cannot have one general thing on this all the times.
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March 05, 2017, 03:47:57 PM
 #393

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

Actually, we never need to losing in trading, because we automatically lose whenever we start trading. But i agree with your point, because we learn from our mistakes. That's why our mistakes tell us and again we never do mistakes. So in this way, we start to do trading in a better way.

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blackhawkeye1912
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March 05, 2017, 10:47:06 PM
 #394

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Aside for that losing is a part of trading while doing trade, losing also is the heart of trading platfrom too. Because the more the traders loss in the platform is the more the exchanges is getting profit unto them through in every transaction they've made it.
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March 06, 2017, 03:04:13 AM
 #395

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Aside for that losing is a part of trading while doing trade, losing also is the heart of trading platfrom too. Because the more the traders loss in the platform is the more the exchanges is getting profit unto them through in every transaction they've made it.
Exchange sites does not care if you are losing or not, they get fees for every transactions and that is guaranteed money on their part, actually their main goal is to attract more traders to trust their site so they can maximize their profit.

We, as trader should never be afraid anymore of losing as it is the main hindrance of success, we are trading so that is understood we understand the risk. And since risks is already there, our job now is on how to mitigate the risk so we can be benefited with our trading journey. In the end we always want profit so we have to work for it as it will not just come for free.

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March 06, 2017, 04:06:05 AM
 #396

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Aside for that losing is a part of trading while doing trade, losing also is the heart of trading platfrom too. Because the more the traders loss in the platform is the more the exchanges is getting profit unto them through in every transaction they've made it.
Its just a normal thing that exchanges do make profits on any transaction fee that do traders make but it wont only focus on the loser trader because exchanges doesnt have any part on that lossing money since traders are the only one who make profits also.THere are losers and there are earners just like that,

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March 06, 2017, 04:51:25 AM
 #397

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Aside for that losing is a part of trading while doing trade, losing also is the heart of trading platfrom too. Because the more the traders loss in the platform is the more the exchanges is getting profit unto them through in every transaction they've made it.

this is not gambling my friend and you are not trading against the exchange platform (house!). you are trading with other traders (real people) on the platform only and exchanges can not care less about you and whether you lose or win they take their money (0.2% fee) on each trades that you make.

Buying the dip...
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March 12, 2017, 01:55:26 AM
 #398

You must need to overcome that kind of fear because when you gumble, trade, invest, etc. There is always a risk. You can always loose your money or have profit. Thats how money works in the business. Thats why if you want to succeed take the risk and have no fear in loosing your money.  
I am sure that we can minimize our fear if we make good strategy before trading. I believe and really confident about bitcoin price so I do not scare when it's price drop because the price will rise again. I am talking about the price of bitcoin against fiat.


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March 12, 2017, 03:32:01 AM
 #399

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

For your peace of mind, being a trader as you going to look it seems that so easy to do it, but there is risk involved because you are investing your capital in the exchange to buy a coins were you are going to trade it. And most of the time losing in trade or some other trader getting have trauma in loses of money which leads us more loses a big amount of capital we invested. But we should take away or remove the fears we had due to it wouldn't help us while doing trade, think that fear was a part of trading.
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March 12, 2017, 04:10:25 AM
 #400

You must need to overcome that kind of fear because when you gumble, trade, invest, etc. There is always a risk. You can always loose your money or have profit. Thats how money works in the business. Thats why if you want to succeed take the risk and have no fear in loosing your money.  
I am sure that we can minimize our fear if we make good strategy before trading. I believe and really confident about bitcoin price so I do not scare when it's price drop because the price will rise again. I am talking about the price of bitcoin against fiat.
Of course, that means you are confident with what you are doing, if you are only doing it based on your luck probably fear every time you trade is always inside of you and we know when you have that fear you cannot fully apply your strategy in trading. In addition, even how good you are always think that putting only what you can afford to lose is heavily considered since you are just trading with a chances and therefore not certain.

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