Loss almost 40%, should stop trading or not ?

[ivanst776]

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?

Take a rest and come back in trading when the charts will become green (today they started being green) after a long time of red when most of the altcoins were crashing because of the bitcoin price.

But when the bitcoin price now has been dropped the exchange rate has been increased in most of the altcoins seen in big exchanges.

I think to wait a little bit more and then start again because buying high and selling low is very risky and we never know if we bought at high or low price.

[Victorycoin]

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.

I think it is knowledge and skills first, then patience to give the trading decisions the breathing space to thrive. Most trading decisions have ended up making so little or nothing not because they were out of place but simply because a trader closes them too early or opens them too late.

[zeze18]

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?

Take a rest and come back in trading when the charts will become green (today they started being green) after a long time of red when most of the altcoins were crashing because of the bitcoin price.

But when the bitcoin price now has been dropped the exchange rate has been increased in most of the altcoins seen in big exchanges.

I think to wait a little bit more and then start again because buying high and selling low is very risky and we never know if we bought at high or low price.

If you look at current bitcoin price will require consideration to buy it because maybe bitcoin price is feared to drop suddenly which will certainly be a loss. And it seems a little more patient and waiting for right time and a stable price to make a bitcoin purchase transaction

[bitcoinissatan]

Continue, I believe you choose to buy a good altcoin for the future, if my advice asks you to supply again when the price goes back down

[Yutikas_11920]

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?

Hmm, I am confident that you are just trading. For those who are professionals when trading and get the defeat, the main thing they think of is evaluation. If they've done the evaluation then the next step is to program trading back with calculations that are better than ever. So you would be much better to evaluate and fix it as soon as possible after that, so that you can continue trading and also continue to get lots of advantages
 

[bravehearth0319]

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?

Your the one who can only answer your own question. Because being  traders we knew all that losses of money its just a normal things happen
to us, so If you know the true meaning of it you know what you are going to do.

[nicolas1979]

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?

you stop. you've already broken all the rules, as you're trading with emotion. Neither Rome nor fortunes were built in a day.

Yes sir, I agree with you. My emotion control my mind there's something wrong with that. When I try with demo account is so smooth, but real account is very - very different situation. From now I start to relax and control my emotion before doing the same mistake. This is a sad experience for me but I must continue to become a better trader. Have a nice a day.

[Singwala]

The anwers is no. don't stop and start again buy low sell make a short term investment. if you know you have profit in that coins sell it quickly buy again low altcoins and wait for the pump. do not listened to the people in chatbox sometime people pushing you to buy coins .

[neuralstar]

contrary to what everyone else is saying, I think you should stop trading. if you are losing that much of your account, it shows that your trading skill is not sufficient enough to make money in this market. Dont quit trading though. Just dont trade with real btc. use a practice account and develop your skills before you come back, otherwise you will just keep losing money.

[ethereumhunter]

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 if you make mistake with the wrong price, you can buy at the lower price and not selling the first one. you can hold it the first one and waiting the price is back to high. you can do with other coins and don't panic if the price is getting down, just believe that the price will be back like before and reach more high price.

[avacadoareg4u]

Just stop. you need to more trading experience. it sounds like you are new to this. trading is a skill that can only be developed with practice and time. you wont do yourself any favors if you continue to trade. go make a practice account and PRACTICE trading before you come back with real money.

[icecube45]

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?

That's a big loss, you should stop trading because it's not going to be profitable anymore. I think you're doing the wrong strategy, you bought at the wrong time. And should be if the price has fallen several times better to immediately sell it, because if continue to hold usually will worsen the situation. But it is natural and make your loss as a learning, it will multiply your experience. Start trading again at the right time, hope you succeed.

[klixion]

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?

Maybe you should look into shorting coins and tokens instead of going long.  Your current strategy will work well for that and will make you a decent profit.   

[machinek20]

It is the risk in trading, actually you still able to make profit if you wait for the coin to go up, in trading patience is also one of the strategy, and the coin you bought is a high bolume transaction coin, so the chances of going up is very big, if you can control your emotion then I will suggest you to continue, it is very profitable when you know how to trade properly

[--DarkSecrets--]

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 must stop for awhile and learn to manage your emotion with your patience because you already knew that your patience is finish trading is not like that xrp and eth is both good for long term if you wait try to avoid and see your trades everyday to avoid panic selling because of price dump it is normal this days because of bitcoins price soar and have a big dump at all.

[Coffee2015]

Dont sell it.
If you want to stop so younhave to rest, walk to some place and comeback.
Push back harder if you can make it.

By the way, I push a coin and I use almost 80 btc and it is falling, I really didnt understand but I leave it and comeback. It seems it will be on my side now. The coin can not stay low, you have to note it that the coin can not stay low,...
There is no way that the coin always low,
even a whale avoid it. Trust me.

If you can not push it higher so the best way is to calm, walk to some place and pary if you can.
I like teading, lets make thing higher but not buble. If cypto is higher it will attract more people and real life/usage.

If it is not bubble it will find the right price and perhaps it will meet the best price and not so volatile.

[nasibakar]

Dont sell it.
If you want to stop so younhave to rest, walk to some place and comeback.
Push back harder if you can make it.

By the way, I push a coin and I use almost 80 btc and it is falling, I really didnt understand but I leave it and comeback. It seems it will be on my side now. The coin can not stay low, you have to note it that the coin can not stay low,...
There is no way that the coin always low,
even a whale avoid it. Trust me.

If you can not push it higher so the best way is to calm, walk to some place and pary if you can.
I like teading, lets make thing higher but not buble. If cypto is higher it will attract more people and real life/usage.

If it is not bubble it will find the right price and perhaps it will meet the best price and not so volatile.

Trading is risky. I agree that you have to know your capacity (to invest) in trading.
If you have secured/safe money to play then it is better to put it for trading.

Whenever the price is droping, it is the risk, there is an up so there is a down side.
From there is an up and there is a down,... you know that the price is impossible to be always at low price. How the whale make money?

The price should rise sometime (or most of the time) so the product/token can be traded and some margin/benefit is made.
I know there is also an option for short,... but short(ing) is not a best way, the best way is to have an up and a down.

[xFiber]

Well I don't believe trading is something for you judging by your decision making. However you should not give up like that because I believe a lot of traders have been in your situation. For now you should stick to coins like ETH, LTC and possibly ETC. Another key rule is: 'You only lose if you sell' so holdddd! If you had held your ETH you would be in profit today.

[SamsungBitcoin]

Dont sell it.
If you want to stop so younhave to rest, walk to some place and comeback.
Push back harder if you can make it.

By the way, I push a coin and I use almost 80 btc and it is falling, I really didnt understand but I leave it and comeback. It seems it will be on my side now. The coin can not stay low, you have to note it that the coin can not stay low,...
There is no way that the coin always low,
even a whale avoid it. Trust me.

If you can not push it higher so the best way is to calm, walk to some place and pary if you can.
I like teading, lets make thing higher but not buble. If cypto is higher it will attract more people and real life/usage.

If it is not bubble it will find the right price and perhaps it will meet the best price and not so volatile.

Trading is risky. I agree that you have to know your capacity (to invest) in trading.
If you have secured/safe money to play then it is better to put it for trading.

Whenever the price is droping, it is the risk, there is an up so there is a down side.
From there is an up and there is a down,... you know that the price is impossible to be always at low price. How the whale make money?

The price should rise sometime (or most of the time) so the product/token can be traded and some margin/benefit is made.
I know there is also an option for short,... but short(ing) is not a best way, the best way is to have an up and a down.

Most of the traders experience loosing money and they do not stop doing this method, this is the job that they know that they can get income because much many time you can get earnings here than loosing money trading is a risky method and if you stop you are looser..

[icerose]

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?

Definitely stop, 99% of people will make losses trading. You are much better off going for a coin you believe in and holding on to it long term or until you think its lived out its usefulness.