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Author Topic: you need to overcome your fear of losing money  (Read 52926 times)
websoftwareengineer
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October 01, 2017, 03:19:44 PM
 #721

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
I agree, all of us experience to lose for us to learn more to improve our strategies to get more income in trading.

If you know the saying that "Everything has a first time" then probably you will know that every person take's all the risk to reach their position right know. Losing your profit will make you learn more strategic ways in your next trading.

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PhucS
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October 01, 2017, 03:21:46 PM
 #722

Trading is a very hard field witch needs intelligence and mistrust. Not only this, but also boldness. If we will still in the fear of losing our money we will never be a financial power in the market and win the big deals. We have to believe in our selves and in our future.
Yes, I fully agree with this view of you. Trade has no place for the weak and is always frightened. This is a field that can also be called a profitable profession, it is very popular. However, to succeed is not simple, you need to have the knowledge, experience, skills and the bold, assertive as you say. If we keep scared and fear losing money, such people will never succeed in trade. Trade is not for the weak and has no decision of its own. We must sacrifice for great benefits
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October 01, 2017, 03:43:10 PM
 #723

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

So, it's not 100% surely profit... There are a lot of risks here, same with gambling. I would say trading has something similar as sports betting. You have a cue based in facts and observation, so you use your money to make an action based in your prediction. It can be successful or not. Higher chance of profit than Dice game, but not certain...
In trading you cant really avoid on making trades on which you are really just hoping that price would go as you liked which is really similar on playing gambling liked on sports betting but i would say that both things are different specially on longer runs. Losing money cant really be avoided since anything on this world when it comes on making money do really have the risk on losing some.

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October 01, 2017, 03:57:53 PM
 #724

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
I agree, all of us experience to lose for us to learn more to improve our strategies to get more income in trading.

I agree you.With out loosing ,you can't learn anything.Knowledge is not you get with out loosing anything. Loosing make the eager to learn a new thing. You should tally all the loss by the upcoming Profit. You should work hard to get huge profit from trading. You should gain huge knowledge in trading to get profit from it.

Ronaldcoin2017
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October 01, 2017, 10:01:15 PM
 #725

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
I agree, all of us experience to lose for us to learn more to improve our strategies to get more income in trading.

I agree you.With out loosing ,you can't learn anything.Knowledge is not you get with out loosing anything. Loosing make the eager to learn a new thing. You should tally all the loss by the upcoming Profit. You should work hard to get huge profit from trading. You should gain huge knowledge in trading to get profit from it.
yes  i also agree but speaking of big amount we cannot say that we are not afraid .everybody is afraid of loosing.but if the wages of this fear is experience that can be use on the future trading why not.trading is profitable yet risky if you want a big profit in trading you need to prepare your self in loosing  .
BUK2016
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October 01, 2017, 11:35:39 PM
 #726

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
As we all believe that losing is inevitable in trading in either crypto currency or Forex, it can be equally minimise and that shows that you are an experience trader and not just losing ordinarily will make you an experience trader. 
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October 01, 2017, 11:56:19 PM
 #727

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

So, it's not 100% surely profit... There are a lot of risks here, same with gambling. I would say trading has something similar as sports betting. You have a cue based in facts and observation, so you use your money to make an action based in your prediction. It can be successful or not. Higher chance of profit than Dice game, but not certain...
In trading you cant really avoid on making trades on which you are really just hoping that price would go as you liked which is really similar on playing gambling liked on sports betting but i would say that both things are different specially on longer runs. Losing money cant really be avoided since anything on this world when it comes on making money do really have the risk on losing some.
A lot of times things did not goes as planned and that is normal in predicting world such as trading.
Full of specualtions , and to take the risk on losing money because of wrong prediction is very normal to be faced.
You just need to get used to it and find the way to deal with it 
eann014
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October 02, 2017, 12:47:11 AM
 #728

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
I agree, all of us experience to lose for us to learn more to improve our strategies to get more income in trading.

If you know the saying that "Everything has a first time" then probably you will know that every person take's all the risk to reach their position right know. Losing your profit will make you learn more strategic ways in your next trading.
That's right when it really comes in earning money but you need capital, it really takes risk and you must know how to take risk because if not you will not going to move forward and you will not know the outcome of your taking risk.
batang_bitcoin
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October 02, 2017, 01:44:58 AM
 #729

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
As we all believe that losing is inevitable in trading in either crypto currency or Forex, it can be equally minimise and that shows that you are an experience trader and not just losing ordinarily will make you an experience trader. 

Losing is there and yes we can't avoid losing as it's always part of everyone's success. No successful person that didn't went through losing you don't have to overcome the fear of losing, you just need to accept it, learn from it and move on. That's a very simple way on how you are going to deal with your losses and from that mistake you have to wait for the right time that you can apply that lesson.

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October 02, 2017, 03:45:17 AM
 #730

This is the big problem facing newcomers in Trading the fear of losing. Basically any of us does not want to lose trading. So we are making a way to stop it and the only way here is to sell our Altcoins to the downside. Yes it is correct but you must first research before doing this. But there's something else waiting for it to rise and that's not what people are afraid to lose. They do not know that trading is falling and rising and that's what they should know to be successful in trading
camelson
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October 02, 2017, 04:00:09 AM
 #731

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
I agree, all of us experience to lose for us to learn more to improve our strategies to get more income in trading.

If you know the saying that "Everything has a first time" then probably you will know that every person take's all the risk to reach their position right know. Losing your profit will make you learn more strategic ways in your next trading.
That's right when it really comes in earning money but you need capital, it really takes risk and you must know how to take risk because if not you will not going to move forward and you will not know the outcome of your taking risk.

Well i think you are talking about "calculated risk". Yes risk is there in any kind of business and in trading the risk increases. You have to search for the market trends of the coin you want to invest and also look for the news related to that coin because the price will fluctuate because of these news. If you are new to this field then try to invest small amount of money and gain experience.
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October 02, 2017, 10:57:10 AM
 #732

It is normal to feel fear of losing money because we need it especially if we earned it from hardwork that's why we make trades to gain profits. But you can really overcome your fears if you are well-experienced person and already passed through a lot of challenges.
That's true, you have to understand what you are doing, the risk factor is very important and you have to analyze that carefully to determine how far you can accept or expose yourself to that risk. Actually if you are discipline and you gamble based on your budget you will not gonna ruin your life and although there are fear but that is just a normal fear and eventually you can accept your loses since you understand and accepted the risk.
Everyone thinks of his income and saving as lifeline for him. No one will definitely wish to lose what all he earned through hard work. But the thing is if you want to invest your money in order to make more money, then you really need to overcome this fear. Only then you can put in your best efforts to make more money.
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October 02, 2017, 11:54:21 AM
 #733

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

We have to accept the fact that we will not always win and in losing we learn more and will know more ourselves. When we lose, we know more our strengths and weaknesses and that's the time we will be able to adjust our trading style and know what would be the perfect strategy for us to be more comfortable in trading and to have the time management as well. We should only trade what we can afford to lose so that we will not be afraid every time we trade and always worry when the price doesn't go our way.
It is actually very hard to lose too much if you can put what you have learned into effective use.
Experience builds up gradually when you practice what you have learned so far and find some other strategies yourself along the process of trading. This is how you gradually build confidence until you can truly classify as a pro in trading.
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October 02, 2017, 01:34:06 PM
 #734

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
I agree, all of us experience to lose for us to learn more to improve our strategies to get more income in trading.

I agree you.With out loosing ,you can't learn anything.Knowledge is not you get with out loosing anything. Loosing make the eager to learn a new thing. You should tally all the loss by the upcoming Profit. You should work hard to get huge profit from trading. You should gain huge knowledge in trading to get profit from it.

Yes true buddy. With out loosing, nothing will get.Unless you loss of watching TV ,you won't get good grades. Without doing Exercises, you won't be physically fit. Loosing is the back bone of success in your life .Use it ,to became a successful man in your life.
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October 02, 2017, 05:16:18 PM
 #735

If you’re going to be a trader, you’re going to lose money at some point, and in case you are still in the phase of trying to avoid all losing trades and searching for a “Holy-grail” trading system with a 75% strike rate, you should forget about all that right now. As cliché as it may sound, losing really is part of winning as a trader; the two are inseparable. If you don’t learn how to lose properly you will never make consistent money as a trader. Reality check…Al pro traders lose money, and they understand that it’s just part of the “game”. Sadly, for many traders, every trade is accompanied by a tremendous FEAR of losing money and sometimes intense emotional attachment.
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October 02, 2017, 05:36:31 PM
 #736

I am totally agreed that losing was always part of successfully trading, And most often happened why some of the trader losses their money it is because they have feared. Which is not good actually as a trader, we should ready and willing to face what we can afford to lose in. The more we fail is the more we headed to success. Smiley
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October 02, 2017, 07:18:39 PM
 #737

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
I agree, all of us experience to lose for us to learn more to improve our strategies to get more income in trading.

I agree you.With out loosing ,you can't learn anything.Knowledge is not you get with out loosing anything. Loosing make the eager to learn a new thing. You should tally all the loss by the upcoming Profit. You should work hard to get huge profit from trading. You should gain huge knowledge in trading to get profit from it.

Yes true buddy. With out loosing, nothing will get.Unless you loss of watching TV ,you won't get good grades. Without doing Exercises, you won't be physically fit. Loosing is the back bone of success in your life .Use it ,to became a successful man in your life.
just like trade. u give out something and get back other things. the question is what you want to give and what you want to get back
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October 03, 2017, 02:52:35 PM
 #738

No one's ever going to completely overcome that fear and that is why we're going to be able to make money off of other people's mistakes. Every single day people sell for fear. Every single day people by because of fear. Every single day those mistakes which are completely fear-based or what makes money for us. You cannot get rid of that fear completely but what you can't do is learn to ignore it I can make money off of other people's fears.
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October 03, 2017, 03:47:47 PM
 #739

because I'm sure all traders must have experienced losses or losses even expert traders, so I do not think we should be afraid to lose, because the loss is a common thing in trading....

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October 03, 2017, 11:55:38 PM
 #740

greetings all,

I think as a successful trader one have to undergo plus or minus in a business, that is one of the effect of a good trader:- to withstand the profit and loose of a business, so wen you put fear in a business i don't think that business can move faster and effectively.
so for some one to move on boat we have to put out the fear of sinking

cheers   
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