Loss almost 40%, should stop trading or not ?

[Soranith]

Dont stop trading. Rest but dont stop. If you lost , and upset, rest for a while, hold , and if you are ready risking again, then trade.

Well yes, trading has risk so if you fail once don't just guve up. Failure is a part of life to be successful someday and surrendering while you still can take the challenge is definitely a true failure. Once your in, you should finish it at least.

You are not a good trader if you never commit mistakes with your trades specially the first few trade you had. The key of being successful in this field is to never surrender and just keep learning. Every trade will be a lesson learned so never give up no matter how bad your trade was.

[numanoid]

My vey irs respnse is.. Great !However it seems only ICO's are.. a fantasyelectronic currencies...sobbing FUD for dollars is very large business rft o

What language are you using?

Just because you lose at something does not mean that you should stop, you can take your time to study your mistakes and learn from them in the future, hopefully then in future you can have better results and recover your losses and then some.

Agreed. But many people feel scared because they losing a lot in trading. After losing a lot, it will take some time before that guy start trading again.

[vinz7229]

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.

yeah patience is virtue, remember that theirs always a room for improvement. if you failed for your first try it doesn't means that your going to give up now. most of the trader if they see that their coins might not moving for almost more than a month, they were sacrifice their coins to sell  than to loss 100 % of their profit. at least in that matter they can start to buy another set of alt coins to trade again.

[Kiweikoo]

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?

Do you have an education in trading(real world or schooling preferably both)? If you do not know what you are doing is it not likely you will continue to fail?  Do you want to learn how to trade?  Losing helps you learn how to win but if you are increasingly unhappy it is because you are risking too much. 

Someone just gave the right answer for this question– which is simply that the op trades with emotion, and for that he should quit. But I will suggest to just quit for a while, and then go into learning more about trading and knowing how it really works. Another thing you should know is that trading is risky, and you shouldn’t expect to be winning all the time, no matter what, there are times you will lose.

Maybe you shouldn’t quit now, but follow whatever your mind tells you– If your mind says quit, then quit without looking back, or you may end up regretting it.

[Sean25pogi]

Losing almost  fourthly percent  (40%) in trading is bad for your business, you should stop in trading because in this state you are now absorbing the losses in your investments and it is horrible to loss too much if you are not going to stop this.

[darsiderin]

Dont stop trading. Rest but dont stop. If you lost , and upset, rest for a while, hold , and if you are ready risking again, then trade.

The most important thing in trading with cryptocurrencies is to diversify their risks. You can not, you can not invest all the money in 1-3 cryptocurrencies, you need to buy and trade 10-15 cryptocurrency.

[chichigirl]

For me,  i will never stop myself from trading because i can see a good future with trading.  I guess,  it is much better to learn more to improve your skills that can be use to a better trading journey.

[royale143]

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 would still suggest for you to continue, but before doing that, you should take a step back and see why you had those losses. It's not easy to soldier on, especially if you lost that much, but then, you have to actually think that if you won't go on: (1) How are you supposed to get back what you lost? (2) Would you just leave it like that and go out of this market like that? (3) Most of us learn by our mistakes and from our losses, therefore, you should consider that as well; and (4) It is a good opportunity to appreciate the market and the craft of trading more. Just my ideas mate.

[ItsZeroLimit]

I would say that you just need to reconsider your approach to trading. Perhaps a little deeper into the study of the topic.

[miyong]

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?

Continue your journey until you earn,  if you will just stop you will never experience how to earn good in trading after a lot of mistakes and great losses,there is always a good time for everything.

[basty03]

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?

If you always lost of patience always end to nothing. Why? In crypto you need a lot of patience if you want gain your profit and you know that is not easy money. I advice if you want to continue to trade again you need to be strategic patience is the key to succeed .

[CrystalPham]

This is too late for you to do that, if you want to stop then you do when you see signs down when it is at 8%. 40% is too late I think you should keep to market recovery should not sell.

[jsrenthourse]

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 trade this right now, you may find that your loss is so heavy and so much loss is because you have no specific trading plan, no stop loss to be able to freeze and reduce the risk of trade failure. This will be a valuable lesson for you so that you can draw on the experience in trading. Walls in the past few days are constantly volatile and difficult to guess, so you need a commercial plan. To minimize risk and leverage the most safely.

[Chooroz]

For me,  i will never stop myself from trading because i can see a good future with trading.  I guess,  it is much better to learn more to improve your skills that can be use to a better trading journey.

Well i think you should not stop doing on trading because trading is good source of income and i believe that even you almost loss 40% of your money it is normal because when i  newbie in trading i alsl loss a huge amount of money, but i never stop because i want to learn from my mistakes.

[bhabygrim]

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 just stop ,
In trading you should always have patience ,You couldn't gain a huge profit in just a short time ,
You should learn to hold and wait.

[romelababe]

I would say just stay mate and price will go up again, you can trade XVG you wont ever lose 40% because this coin is legit.

[Colt22]

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 are maing a bigger mistake that you sell at low and that is the thing which make you lose bigger. If the price drop then it do not mean that it will be there forever biut the price once again start to increase. If you will wait then you will not lose.

[sedahan13]

You have to stop at the moment and try to looking for what the mistake, when down trend of crypto market, should sell all crypto asset to USDT and wait for market back to uptrend. When the crypto in the bottom and the market any sign to start bullish trend, buy back that crypto with USDT. I has been make the same mistake and learn from that, i know what my mistake, not patient and dont use cut loss strategy is my mistake, and i will try to manage it better.

[Briella18]

The hype got you. Well, in investments there is always the risk of loss. So it really would depend on you if you think you can't handle the pressure, then stop. But if you are a dreamer, believer you got to be a survivor too. Good luck. 

[keanne_isaac]

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?

If you won't change your trading strategy or trading habbit i suggest you would stop trading or you will loss all your investment. if you want to be a successful trader you will first control your emotion and have patience cause some coins need time to earn profit.