How do you deal with loss?

[Dudeperfect]

First of all, I don't see it as a loss if it's occurred during my first 10 trades, I see it as fees to learn the movements, strategies and the trading. Now if I am still getting returns in a red mark, it makes me conservative to take fewer risks and optimise strategies and trading methods. I have lost many bucks in trading but later I was able to manage to earn good profits, I think it's more about dealing with the situation rather than dealing with the numbers and charts.

A loss cannot be a loss until you sell it at a lower price, no one can prevent the fall of an asset we are backing therefore we must not put our eggs in one basket so we can still continue to trade with other progressive assets. I have different altcoins and I understand the volatility, I instill discipline to myself and I never sell for loses unless if the coin is going to die.

Agree, it's all about managing the risk and diversifying the investments to place returns in safe positions. Diversification helps to allocate the risk over all the investment portfolio and hence even in a case of high loss in one investment, it is recovered in another kind of investment. Spreading the risk always helps in getting secure returns through overall investment portfolio.

Diversifying is the best thing to minimize the risk or almost get rid of the risk because you are not putting all your money in one investment and you are dividing it based on your options. Having information or knowledge is also important so you can diversify well and earn money in the future and not get a loss.

that;s right. well this has been a proven strategy for experienced traders as you won't be depending on a single throw of the dice. I had the mistake of putting everything I have on an altcoin which proved to be a scam back when I was still studying trading and that was a bitter lesson to swallow but I definitely learned a lot from it

When I am losing too much and seen the graph on red,I sold my portfolio so that I may not continue to lose more. I cut my losses, but now learned my lessons. Though its a practice to cut losses, make some research with the said coins. If its a good coins, it will recover in a short span of time. Just invest only on legit and reliable coins,its worth holding it.

It's absolutely fine if someone is losing funds in the first few attempts of his trading as at that time we should focus on learning the behaviour of the market. Yes, one should not keep all his eggs in one basket as it might result in 100% loss (which I learned after doing it). One should also make adequate research before investing. There is a difference between investing in low-performing coin and a scam coin.

[btcforall777]

Depends on how large the loss is and why you had the loss. If you get stopped out of a position and take a loss is different than waking up in the morning and realizing you lost a huge % of your bank roll. Especially when you were so sure about the trade. The first type should be no big deal. The later can result in profuse vomiting. If you have not vomited because of a loss on a trade before you have not completed your education yet. That would be your diploma!

[shield132]

Depends on how large the loss is and why you had the loss. If you get stopped out of a position and take a loss is different than waking up in the morning and realizing you lost a huge % of your bank roll. Especially when you were so sure about the trade. The first type should be no big deal. The later can result in profuse vomiting. If you have not vomited because of a loss on a trade before you have not completed your education yet. That would be your diploma!

Yes, you mentioned correctly but at the same time to my mind we have to be normally when we lose because personally when I lose, I am very, very sad, doesn't matter how much I lose and I try to train myself to avoid such feeling. BTW in trading you need to be balanced (quite) man eith good knowledge and to my mind such man will be successful in trading.

[Dangolbery]

I usually wait. I do a lot of high leverage trading though so if it moves to wrong too much I lose everything. I tend to try and earn my money back quickly and I take on greater risks. Not a good thing.

[Sled]

I usually wait. I do a lot of high leverage trading though so if it moves to wrong too much I lose everything. I tend to try and earn my money back quickly and I take on greater risks. Not a good thing.

You already know that your move is not a good thing but why you are keep doing it? I think it is best if you just wait and do some trades on other kind of coins so if you get a loss from your first few coins then you can recover it thru trading other coins rather than taking a high risk that can lead you to a loss more often than trading.

[Kemarit]

Depends on how large the loss is and why you had the loss. If you get stopped out of a position and take a loss is different than waking up in the morning and realizing you lost a huge % of your bank roll. Especially when you were so sure about the trade. The first type should be no big deal. The later can result in profuse vomiting. If you have not vomited because of a loss on a trade before you have not completed your education yet. That would be your diploma!

LOL. I didn't vomit on my first big lost waking up in the morning. I only got frustrated but I realized that the more I got frustrated, the more I loss my concentration in trading. That's why I try to stay cool most of the time, but simply taking a walk around the neighborhood and coming back with more vigor not to make the same mistakes again. I'm not a person that easily gave up, so any disappointed and frustration that comes along I will take it, but rest assured that I will try to avoid if it the circumstances presents itself again.

[Rufsilf]

If i will get a loss in the future i will just be calm and not that angry person because of loss and instead on focusing on the loss, i will just focus on how i can recover the loss and also gain positive results.

[Be Like Bro]

Never mind and start focusing more on the speculation and market ups & downs.

[Kousei23]

If i will get a loss in the future i will just be calm and not that angry person because of loss and instead on focusing on the loss, i will just focus on how i can recover the loss and also gain positive results.

At first, I will get mad and at the same time sad because I lose some of my money. Many people will do the same because of their loose. Yet I always think and put in my mind that nothing will happen if I stay on one side and cry for my lose. I always put in my mind that I must overcome my attitude when getting lose. I mst focus on the new strategy that I will use in order to get my lose and earn an extra earnings.

[alexsandria]

If i will get a loss in the future i will just be calm and not that angry person because of loss and instead on focusing on the loss, i will just focus on how i can recover the loss and also gain positive results.

At first, I will get mad and at the same time sad because I lose some of my money. Many people will do the same because of their loose. Yet I always think and put in my mind that nothing will happen if I stay on one side and cry for my lose. I always put in my mind that I must overcome my attitude when getting lose. I mst focus on the new strategy that I will use in order to get my lose and earn an extra earnings.

You must overcome your feelings when getting lose. It is normal for a person to be sad and angry when getting lose but it is not normal if their attitude is overcoming them. Nothing will happen if your angryness rule you. You must focus on the new strategy that you will work on in able to get back your earnings and capital. You must be aware on your mistakes that cause you to lose some money.

[death69]

Nothing much. I usually take a sleep and then I wake up and think that there was nothing happening last night and continue to focus to what I need to do in a new day. Everyday is a new start

[Diced90]

In case i have a bad trade and make a loss , i just leave everything am doing to make try and reflect why i bad a bad choice and tell myself this will happen again. If the loss is unbearable i just stop everything am doing and sleep over it.

[el kaka22]

Losses in a trade is certainly normal and should be made in this lesson so that we are always objective in observing and analyzing the market so that the loss does not happen again in the future

Loses cant really be avoided even on the future but somehow can be reduced if we do already learned from our past mistakes because lose makes us learn everytime we do such thing and mold us to be a better trader or good to a certain thing when do time pass us by.It may be frustrating at first since we don't really like to lose up money but we should really treat it as a stepping stone.

There is an idiom I really don’t remember the exact wordings but its meaning is like that loss in life is good for the success. If you drown you will fight for to get up again. The real charm of life is to Get up and fight back for you to get up. The only thing that you have to do is to remember your mistakes and learn from it so that you never face such situation in life again.

[Vasu Dev]

If we get loss then we need patience. go forward with long term investment policy. we must get good benefits by long term investment policy.

[btcforall777]

Depends on how large the loss is and why you had the loss. If you get stopped out of a position and take a loss is different than waking up in the morning and realizing you lost a huge % of your bank roll. Especially when you were so sure about the trade. The first type should be no big deal. The later can result in profuse vomiting. If you have not vomited because of a loss on a trade before you have not completed your education yet. That would be your diploma!

Yes, you mentioned correctly but at the same time to my mind we have to be normally when we lose because personally when I lose, I am very, very sad, doesn't matter how much I lose and I try to train myself to avoid such feeling. BTW in trading you need to be balanced (quite) man eith good knowledge and to my mind such man will be successful in trading.

Bitcoin dropped 100 points in about an hour today and I took a beating. But I believe I will make it back. Moving forward.

[btcforall777]

Depends on how large the loss is and why you had the loss. If you get stopped out of a position and take a loss is different than waking up in the morning and realizing you lost a huge % of your bank roll. Especially when you were so sure about the trade. The first type should be no big deal. The later can result in profuse vomiting. If you have not vomited because of a loss on a trade before you have not completed your education yet. That would be your diploma!

LOL. I didn't vomit on my first big lost waking up in the morning. I only got frustrated but I realized that the more I got frustrated, the more I loss my concentration in trading. That's why I try to stay cool most of the time, but simply taking a walk around the neighborhood and coming back with more vigor not to make the same mistakes again. I'm not a person that easily gave up, so any disappointed and frustration that comes along I will take it, but rest assured that I will try to avoid if it the circumstances presents itself again.

Define "big loss". Big loss is different for everybody. I lost $22,000 on 1 trade about 5 years ago. For me that was a lot of money. I was at work and was trying to act normal. Went to the bathroom twice to vomit and I was pissed for about a week.  I learned never put all of your eggs in 1 basket. Even if you are SURE!

[Japinat]

Depends on how large the loss is and why you had the loss. If you get stopped out of a position and take a loss is different than waking up in the morning and realizing you lost a huge % of your bank roll. Especially when you were so sure about the trade. The first type should be no big deal. The later can result in profuse vomiting. If you have not vomited because of a loss on a trade before you have not completed your education yet. That would be your diploma!

LOL. I didn't vomit on my first big lost waking up in the morning. I only got frustrated but I realized that the more I got frustrated, the more I loss my concentration in trading. That's why I try to stay cool most of the time, but simply taking a walk around the neighborhood and coming back with more vigor not to make the same mistakes again. I'm not a person that easily gave up, so any disappointed and frustration that comes along I will take it, but rest assured that I will try to avoid if it the circumstances presents itself again.

Define "big loss". Big loss is different for everybody. I lost $22,000 on 1 trade about 5 years ago. For me that was a lot of money. I was at work and was trying to act normal. Went to the bathroom twice to vomit and I was pissed for about a week.  I learned never put all of your eggs in 1 basket. Even if you are SURE!

Of course we have different definition of "big loss" because we have different financial capacity, if I loss like $1,000 its already big to me so I will surely be mentally and emotionally affected. But anyway a loss is a loss we have to deal with it, either we will quit and improve our method to win the next time around. Honestly, it's a hard journey but we can always improve because it's never possible to succeed, just keep learning.

[Sled]

If we get loss then we need patience. go forward with long term investment policy. we must get good benefits by long term investment policy.

Yes that is right, If we experienced loss from a certain coin then do not sell that coin and just hold it for long term if you think that they have a good team and developments that are keep coming for this year. Most of the altcoins now are pumping and having a good price rally and i think that is a good sign that the price of your altcoin that you give loss will be good for long term to recover and earn profits.

[SHAWN-MIDWAYS]

Depends on how large the loss is and why you had the loss. If you get stopped out of a position and take a loss is different than waking up in the morning and realizing you lost a huge % of your bank roll. Especially when you were so sure about the trade. The first type should be no big deal. The later can result in profuse vomiting. If you have not vomited because of a loss on a trade before you have not completed your education yet. That would be your diploma!

LOL. I didn't vomit on my first big lost waking up in the morning. I only got frustrated but I realized that the more I got frustrated, the more I loss my concentration in trading. That's why I try to stay cool most of the time, but simply taking a walk around the neighborhood and coming back with more vigor not to make the same mistakes again. I'm not a person that easily gave up, so any disappointed and frustration that comes along I will take it, but rest assured that I will try to avoid if it the circumstances presents itself again.

Define "big loss". Big loss is different for everybody. I lost $22,000 on 1 trade about 5 years ago. For me that was a lot of money. I was at work and was trying to act normal. Went to the bathroom twice to vomit and I was pissed for about a week.  I learned never put all of your eggs in 1 basket. Even if you are SURE!

Ouch, well i have not gambled that much because i like to keep my losses to a minimum but its unfortunate you had to learn a valuable lesson the hard way... As the old saying goes "A problem shared is a problem solved" its also good that you sharing with the community hope we learn not to be greedy at any one time .

[clickerz]

If we get loss then we need patience. go forward with long term investment policy. we must get good benefits by long term investment policy.

Long term investment is another strategy in trading. Time is a great ally here. Dealing losses with trading is one of my fear before. Now, I learned to spread my investment and divided to long term and short term. Now, If I lose on another, I see to it that I gain on another coin. That is trading, you have some losses and gains. Be wise enough to formulate your strategy.