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Author Topic: you need to overcome your fear of losing money  (Read 52906 times)
kamBlanV
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September 28, 2017, 01:45:47 PM
 #681

Lose in trading is also the beginning of failure.
If we lose continuously without taking lessons then failure is what will happen.
Lose in trading will be a success if taken a lesson.
So in my opinion do not be too brave to take a decision in trading but think about risks and losses.

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September 28, 2017, 02:04:49 PM
 #682

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Learning from the failures we have experienced before should be used as learning for the future in trade. But still we must realize that losses in trading can be experienced by anyone, either by a beginner or who has a lot of experience in trading. Sometimes people who are ordinary and experienced in their trades can be careless until they have to give up their money. At least we must take various steps to prevent and avoid this risk, the most important thing to avoid fatal losses is very dangerous.
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September 28, 2017, 02:09:29 PM
 #683

I think we have to keep in mind that yes there are chances to lose in trading but if a person is losing without any bad conditions occur to him or to the market then he is not considered as an expert trader but there will be some inabilities in his skills which will need to be polished after that we can say that he will be an expert trader.
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September 28, 2017, 02:21:13 PM
 #684

With bitcoin and other digital currencies the fluctuations happen periodically. So it's good to understand better about the bitcoin market and then just focus on getting an added profit. Here users just panic on these situations, and the one who overcomes will have patience and hold. This provides the success through bitcoin.

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September 28, 2017, 02:50:41 PM
Last edit: September 28, 2017, 06:32:10 PM by Vispilio
 #685

In all trading activity, it's been proven many times over that the negative feelings and neuron activity associated with a loss are GREATER than the euphoria experienced when winning an equivalent amount. So to avoid getting burnt out or losing a psychological battle, any serious trader has to train himself to detach emotions from winning or losing money in the market.

I would recommend either attaining a zen like frame of mind or triggering crazy responses in you, like almost enjoying the loss, viewing it as a learning experience, etc.

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September 28, 2017, 03:48:19 PM
 #686

you dont need to do anything. if you feel bad when losing money you should quit trading

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September 28, 2017, 05:35:09 PM
 #687

you dont need to do anything. if you feel bad when losing money you should quit trading
Quitting trading means that you don't really want to succeed in life, I understand that we do have different perspective in life but I could say that not quitting in trading because with this we can change our life. Sometimes, we have to face our fear especially when it has something to do with our life.
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September 28, 2017, 06:30:00 PM
 #688

you dont need to do anything. if you feel bad when losing money you should quit trading
Quitting trading means that you don't really want to succeed in life, I understand that we do have different perspective in life but I could say that not quitting in trading because with this we can change our life. Sometimes, we have to face our fear especially when it has something to do with our life.
Nope, actually there are many people can not become the traders.
Even me, I also have a time can not trade on the market, but luckily I did not give up it because I stil want to continue make money.
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September 29, 2017, 10:38:46 AM
 #689

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

yes I agree with this statement, everyone who trades there will be time to lose, and the man learns from mistakes that have been made, it is a very good motivation.
If you manage to learn from your part mistakes, then you can surely become a successful man in your life. I think the committing a mistake is not a big deal but repeating the very same mistake in the future is something which is not appreciated. If you will not do this, you cannot achieve what you aimed for.
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September 29, 2017, 11:19:50 AM
 #690

I think it's much better to say that we should overcome our fear in experiencing new things. This needs courage at the same time doing it safely. Earning is not always easy. You can loose a couple of that and that will teach you more. It's not normal to ignore loosing tons of money. But it is normal to loose some and get depressed about it. Every loss is a great challenge. What we need to overcome is the FEAR itself. The fear of trying once more. And doing it right the second time. We have choices.
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September 29, 2017, 12:37:01 PM
 #691

Trading, since the beginning of time, has its own risk.  Only an experienced trader can trade with minimal risk and there can only be experienced trader when they are consistent in trading. Being consistent means being able to get profit and to handle the losses.

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September 29, 2017, 01:00:52 PM
 #692

In trading, the traders that have patience and the holding power of their bitcoins and altcoins will stand a higher chance to make a profit, it is always better to trade with the spare money in your pockets as you will not need to sell away your coins at a loss during a price drop.

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September 29, 2017, 01:11:16 PM
 #693

For me there's still fear of loosing money especially when we're talking about thousands which is scary and maybe can't take that away from me maybe just reduce the fear will help
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September 29, 2017, 01:12:24 PM
 #694

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

yes I agree with this statement, everyone who trades there will be time to lose, and the man learns from mistakes that have been made, it is a very good motivation.
If you manage to learn from your part mistakes, then you can surely become a successful man in your life. I think the committing a mistake is not a big deal but repeating the very same mistake in the future is something which is not appreciated. If you will not do this, you cannot achieve what you aimed for.

I already overcame my fear of losing money. I acted more brave and I get rewarded for this with altcoins. I got huge profits from them last weeks.
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September 29, 2017, 01:16:59 PM
 #695

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

Yes if you have fear you cannot pursue yourself to move on.You have to be a fighter so that you see yourself in the end your a winner.Just like I experience at forum,even though they take away my earnings its okey,theres another day to get it back all my loses.I can earn more than I expect.I dont think on my loses but on my profit in the future costing a million of cash.
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September 29, 2017, 03:49:42 PM
 #696

you dont need to do anything. if you feel bad when losing money you should quit trading

I think feeling bad when you lose is okay but make sure you move on and don't dwell too much about it. If you will quit then nothing will happen feeling bad is part of the trading experience and that will make you tougher so instead of being negative why not make it as a inspiration and do better so that you can minimize the lost.
slackcryptoz
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September 29, 2017, 04:01:34 PM
 #697

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

yes I agree with this statement, everyone who trades there will be time to lose, and the man learns from mistakes that have been made, it is a very good motivation.
If you manage to learn from your part mistakes, then you can surely become a successful man in your life. I think the committing a mistake is not a big deal but repeating the very same mistake in the future is something which is not appreciated. If you will not do this, you cannot achieve what you aimed for.

I already overcame my fear of losing money. I acted more brave and I get rewarded for this with altcoins. I got huge profits from them last weeks.
Whether it's property or stocks or some other form of investment, fear of losing money always gets accompanied. One who overcomes it will be successful. Similarly with bitcoin we need to be more clear in our stand regarding the same, when we overcome the fear of losing automatically the user gets benefitted.
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September 29, 2017, 07:31:41 PM
 #698

It's banal, but money is just money. There are a lot of things such as health, family, happiness, etc, which are more important. When I lose some money, I try to focus on the listed things and forget about material loss

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September 29, 2017, 07:48:08 PM
 #699

Worrying and stressing over poor trades and lost money will never get you anywhere.  In crypto you need thick skin and balls of steel to deal with the turbulence.  The sooner you can get over your fear of losing money, the more enjoyable crypto becomes.
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September 29, 2017, 07:51:35 PM
Last edit: September 30, 2017, 08:12:27 AM by Jating
 #700

It's banal, but money is just money. There are a lot of things such as health, family, happiness, etc, which are more important. When I lose some money, I try to focus on the listed things and forget about material loss

Seems you have raised a valid point. There are other things that is more important that money. Its only material. Things such as family and health are more important and can't be replaced once we lose them. So it ever you lost money, don't worry because tomorrow you can recover it. You can even doubled it what you have lost the previous days. And its part of your journey in the trading world, but put every lost as experience so that you wont make the same mistakes again. And always think of your family, and be inspired the next time you do trading.
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