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Author Topic: Loss almost 40%, should stop trading or not ?  (Read 32479 times)
yanxiaoyu5008
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November 21, 2017, 11:03:33 AM
 #681

It's important to stay calm in trading Wink
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November 21, 2017, 12:58:30 PM
 #682

Who does not understand anything in the crypto-currency - DO NOT TRADE!
Buy bitcoin, create a portfolio of altcoyins that you believe in, and wait.
In a couple of years you will all save up your fortune.
And if you trade at short distances, then do not rush to merge into the minus. Until you closed the deal in the red, you have not fixed a loss. Patience is patience again.
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November 21, 2017, 01:25:27 PM
 #683

Patience is the key on trading and just try to stay calm. You've already made a mistake when you bought it high then sold it low like where is the profit in that? Look outside the box when trading and don't let your emotions gets in the way.
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November 21, 2017, 02:00:08 PM
 #684

I lost 80% my balance for 2 weeks ago. And now it's just 60% lost. Do whatever you want and feel happy with it. Trading is a game, win or lose based on your luck. Just my thought.


 How it comes? with which coin?
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November 21, 2017, 02:06:41 PM
 #685

When trading you should expect less and less to control your emotions and does not affect your mindset when trading. Try to stay calm and think its just a part instead. 40% is just a part of your whole , your 100% assets in trading . Try to predict well and analyze well.
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November 23, 2017, 10:19:32 AM
 #686

What kind of an idiotic person sells his investment at a loss? Were you in such urgent need of money or is it that you got scared and you sold of getting more and more losses? One time you got a loss(because of your dumbness ,nothing else)  ,you got scared and you want to trading? Well go ahead then, no one is stopping you. Remember one thing though, Failure is a stepping stone to Success.
If I were in your position, I definitely wouldn't be such a wuss and stop trading, I'd rather correct myself and move ahead.

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November 23, 2017, 11:32:58 AM
 #687

I think you should stop. You have too much loss already. Maybe trading is not yet for you. Effective trading takes a lot of experience and you must have patience because prices fluctuate. You have broken the rule of "Buy low, sell high" so I don't think that is called trading sir. You are like throwing your money away and that is not good. Before you lose it all, divert your source of income to other ways like offering services or wearing signatures for campaign. Study effective trading and improve your patience so someday you will be able to recover all your loss.

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November 23, 2017, 01:14:26 PM
 #688

It depends on you if you want to stop. Are you okay with that? You lose 40% and will stop? Do you desire just a bit to get those money back because you were just starting in trading, you can earn those back if you want too, if you are persistent and willing to learn something you could make more profit on it. You just have to control your emotions and greed.

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November 23, 2017, 01:33:43 PM
 #689

Well if you lack patience. trading is not for you. Sell your coins right now and never do trading again.. You better hold coins or do lending in trading platforms.
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November 23, 2017, 03:10:58 PM
 #690

Well if you lack patience. trading is not for you. Sell your coins right now and never do trading again.. You better hold coins or do lending in trading platforms.

Patience is one of key factor in trading. For the OP, if you have loss in trading, and you thinking of leaving trading, then how will you recover your loss ? You need to be in trading to cover your loss. Giving up means you have left and the loss of 40% is a loss forever. Also remember trading is not a grantee success always job. There are time when you loss but they are covered up by good wins also.So planing is the key here.

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.1xBit.com.
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Darknight31
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November 24, 2017, 11:04:03 PM
 #691

Stop for the day. Traders who are expecting fast results would never be successful in their run as traders. Also, those lrices that you mentioned are the top. Should have observed more before initiating those trades. Analyze the market before making decisions. Was a costly lesson, but still a lesson learned.

The basic thing which a trader should have is Patience. So you should stop for the day or until you understand the system. Emotions is the one thing which you have to leave and get on with trading. Dont think that 40% is a loss, you got a good experience and use it from now.
You cannot say that you will already stop at trading. Bitcoin is always "patience is a virtue" kind of thing that is why you need to master, study and practice all the things you need to know about bitcoin. And you must take the lost as your teacher that infact will make you stronger than before. So yes,you could take a break first and after relaxing, you could try trading again.
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November 25, 2017, 02:15:07 AM
 #692

Learn from your loses but always set a limitation, losing 40% is quite low, some even lose 100% of their capital
and still get back to apply what they have learn. The risk is always there, you can minimize it if you educate yourself and learn from
your mistakes every time you make one, always develop and develop, it's a long journey.
viper2zero
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November 26, 2017, 09:41:02 AM
 #693

Because trade has only two sides: profit and loss. Called a loss, if we have lost everything. Be patient, learn errors, thorough and dont rush in doing sell or buy orders may help us in achieving profits in trading.
Everything in this world has two conceivable outcomes yes, or perhaps no. Exchanging additionally includes two things called benefit and misfortune which is the piece of the business. Nearly, Bitcoin gives a decent domain and the odds of misfortunes are less however benefit expands step by step.
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November 26, 2017, 10:56:15 AM
 #694

Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?

No do no for me I advice that you do not stop trading because trading can ein that back if you encounter those coins that have a lot of value. If you quit trading you are going to simply cut off your loss and 40% is a lot of money and  my advice win that back before you plan to quit. I also advice you that you can gained a pot of different coins and do trading even if you do not buy it. By just simply joining in a bounty campaigns those bounty rewards can be traded and even if you lose at them at least you did not spend money.
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November 26, 2017, 11:34:31 AM
 #695

Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?
PATIENCE is the KEY in trading,if you have no patience so i suggest Stop.trading is a mindful and sort of braveness mindful because you have to reseaech and analyzed the coin you will bet in.braveness because you must have a guts to deal and wait until it gets your target price

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November 26, 2017, 12:25:22 PM
 #696

Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?

I think you should stop if you had already lost a lot. I think you should study more about trading. I really think that your strategy is not that effective because you've lost a lot my dear. Hopefully, you'll be able to recover. Try to study about trading for a while before continuing again, or atleast continue it slowly and carefully think of every step.
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November 26, 2017, 02:38:13 PM
 #697

Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?

When my daughter experience lost almost ten times of her pay when she decide to sell it even price is fall because she needs money that time she sold it $80 only. Then after a month it worth $800.wow she lost a very big amount. Not only that, she experienced not to pay her 3 times, she almost quit. Bit my sister encourage her to continue that she can get it more some other time. She's convinced when my sister tell her that she lost a $2000 and many more but she never stop because not at all times that you are a loser there's a time also for your to jackpot. And thats true my daughter got salary we did not expect $2040  ..wow it's like wow! It's like she lose but she game. Just keep on hoping patiently and there is very good thing in the future.
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November 26, 2017, 02:55:01 PM
 #698

i will not stop trading because good traders learned from their previous mistakes. You will get a good profit when you finally learned some techniques in trading. And finally earned more and bring back
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November 26, 2017, 03:15:59 PM
 #699

i will not stop trading because good traders learned from their previous mistakes. You will get a good profit when you finally learned some techniques in trading. And finally earned more and bring back
Exactly! Every trader made mistakes and they learned from it and that is why they become better each day because of those mistake they had. Experience is the best lesson we can get and if we want to be a good trader someday then we must not stop until we master the art of trading.
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November 26, 2017, 05:56:57 PM
 #700

You should take a break and start studying about trading, it's not that easy. Then you can continue, but with small amounts until you learn how to use the chart's indices and price movements.
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