you need to overcome your fear of losing money

[Ratko1922]

I think that trading costs a lot in terms of nerves and mental power. I'm a day-trader for almost a year, and this started to take a toll on me. I learned to accept the losses easily, even if we're talking about thousands of dollars. I don't stress about that anymore. And I think that it is really important to accept the losses as a part of the game and not lose your spirit. I lost almost 70% a few months ago in a crash (I was on margin, so that made things way worse). A few days ago I drew a line and not did I made my money back I even made a huge profit.

[OrangeII]

well, in trading, of course always in the company of the nature of doubt. whether it is afraid of losing money in possession, or fear of loss in a short time. there is always such a thought before starting. but, if you never tried it, you would not know.

[fayrouz]

It is important to us to fight our fear of losing something not only money but in everything we do. In this industry, we need to be a risk taker if you want to become a big trader, no matter what it is, at least you make a try to take a risk to lose the money or to gain more money.

[charlenedave]

I agree. If you decided to trade, it already implies that you are willing to lose something. That is why you have to be careful on your investments.

Losing money is a part of trading and in doing investment. Before you invest, trade or anything that involves money, you need to make sure that you are physically, emotionally and mentally ready; for you to become risk taker.

[otol55]

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

I agree with you.
if a trader has such a mental then he is a professional trader.
Dare to lose money means Dare to take the decision to get big profits.

[changcloy]

yes, i agree we need to overcome our fear of losing money and most traders are like that even how many times they failed they are still able to stand up and try again. those people who have the courage to try are the one who is been succesful in life,if you are afraid of losing you will never learned from your mistakes atleast you have experienced things like that so in the next try you can avoid to lose again.

[Suleiman the Magnificent]

Absolutely right. You have to accept the risk of losing money to make money. A trader can not make the right decisions with fear of losing money. Which leads him to lose his money.

[Koro-Sensei]

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

But it will take some time. Losing money is never easy all your hardworks to earn that and lost it afterwards it would be devastating to imagine something like that. You cant treat something that losing money is a part of trading if you dont have that money. As you say experienced means a lot of money has been earn and your mentality have been upgraded due to the money that you are earning than losing.

[rejin29x]

We really need to overcome our fear of losing money ,because sometimes we must take risk in every decision in trading. If we failed that's a part of our success because no one has been successful without experiencing failure

[Kayum10029]

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

yes sir it is valuable information for traders. every job/ trading has a profit and loss effect.so by becoming a real traders everybody should overcome the fears of loss.

[Sengoko]

Losses and failures are generally useful not only in trading. They help to learn those who treat them with dignity. You can not avoid losses in trading. But you should always try to limit them and understand what leads to them.

Yeah! There is no need to lose your money all the time because you are doing trading or all else just because you want to make some good money with these digital currencies. You should keep a proper record of your winnings and losses in order to check in which direction you are moving. I am pretty sure that no one here wants to waste his/her hard earned money. No need to bear losses all the time.

[imking]

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

Don’t let the fear of losing be greater than the excitement of winning - Robert Kiyosaki-. Every individual losing is a part of trading or investment life. We are afraid of losing or failure.  But the only way to be successes taking or face the risk. We can’t win if we don’t play the difficulty of the trading or investment.

[Mr.John19]

I think that we should overcome the fear of losing money, which person will be happy when they are losing the money. Even the professional in the world of trading they lose also. But they consider losing is the platform to be the better.  We can’t get more profit if the risk is not solved. The most important as well is always to be the patient and learn from the mistakes.

[Kasabus]

I think that we should overcome the fear of losing money, which person will be happy when they are losing the money. Even the professional in the world of trading they lose also. But they consider losing is the platform to be the better.  We can’t get more profit if the risk is not solved. The most important as well is always to be the patient and learn from the mistakes.

That's right, losing is unenviable, but what is important is that you continue to chase for the progress because you need be very consistent
in trading in order to make money. They it's hard to trade therefore very risky but it will only remain in our mind if we will not try to develop our skills, we cannot rely to anyone in trading, all our decision is coming from us therefore we need to fully understand what we are doing to ensure success.

[Jibit]

if you want to make profit, the first thing you have to face is losing your money. once you lose your money, you learn something, those lessons can be experiences which help you get money.

[abayan]

Losses and failures are generally useful not only in trading. They help to learn those who treat them with dignity. You can not avoid losses in trading. But you should always try to limit them and understand what leads to them.

Yeah! There is no need to lose your money all the time because you are doing trading or all else just because you want to make some good money with these digital currencies. You should keep a proper record of your winnings and losses in order to check in which direction you are moving. I am pretty sure that no one here wants to waste his/her hard earned money. No need to bear losses all the time.

For me, it is not necessarily means losing money, instead it is more of an investment. When I lose money I don't consider it as literally lost but I just assume it as an investment or fee for the new things and lessons I've learned. We have to accept the fact that this kind of business always need taking risk because everything is unpredictable and yes, uncontrollable. We just rely on things that are seen and have been done as basis of our next action, therefore, fear has no place in this business.

[SNAPCALLHERO]

why do you have to scare? trading is a work. it also needs many skills and knowledge. If you are lack of them, you should not take part in cryptocurrency

[Laurayaki]

It will be enough to buy bitcoin in 2013 to never be afraid of losing money, on the contrary, to be afraid to earn a lot haha

[guesswhat]

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

I agree with you.
if a trader has such a mental then he is a professional trader.
Dare to lose money means Dare to take the decision to get big profits.

I overcame this problem by assuming that I will be the winner at the end. This concentrated me on my trading job and I'm stronger now. Without mental support, it's hard to handle this fear of losing money.

[Freshmen]

if you want to make profit, the first thing you have to face is losing your money. once you lose your money, you learn something, those lessons can be experiences which help you get money.

I believe that the one who is afraid of losing his money will always be unable to make anything fruitful in his life. There is no way that a coward man can make such a bold decisions of investing his money in any kind of investing. If you will fear of losing your money, then you will never be able to make profit by any kind of investment. You really need to be brave enough so that you can make the things happen according to your own desire.