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Thanasis
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December 09, 2017, 01:54:30 PM |
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What do you do after you suffer a huge loss?
If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?
Ofcourse I will try again and will earn the lost amount as soon as I can,it is important to never give up for just one failure we need to learn from our mistakes and must be aware next time about that mistake while trading. But it is less chance for losing a huge money in bitcoin trading because we have to trade only big amount if we can have profit otherwise it is good to hold our bitcoins because we all knows that bitcoin price will rise soon after the crash or fall. |
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brotherwood12
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Activity: 686
Merit: 30
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December 09, 2017, 02:48:25 PM |
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as a normal person , im feel very sad really because i lost "big" money that i have , but i have one principle , that in some place far away is someone have more lost than me ,
i use that to motivate myself to learn and learn until i can do something to reverse the situation and i can success.
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baghdatis1990
Member
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Activity: 504
Merit: 14
Miracle Tele
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December 09, 2017, 04:47:20 PM |
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What do you do after you suffer a huge loss?
If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?
Every time you lose, you can overcome a failure, setting long-term goals and waiting to touch your dreams. |
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bitcad4u
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December 09, 2017, 05:33:53 PM |
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What do you do after you suffer a huge loss?
If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?
Every time you lose, you can overcome a failure, setting long-term goals and waiting to touch your dreams. Yes abcourse I get huge loss means and my mentality was little confused only because as a normal person I feel very sad because I lost big money that I have but I have one principle and I use to motivate my self learn and learn I can reverse do something the situation I can success due to this and be a positive because no nothing can't be completed but stuggel yourself . |
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Hassan02
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December 09, 2017, 05:46:31 PM |
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What do you do after you suffer a huge loss?
If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?
Ofcourse I will try again and will earn the lost amount as soon as I can,it is important to never give up for just one failure we need to learn from our mistakes and must be aware next time about that mistake while trading. But it is less chance for losing a huge money in bitcoin trading because we have to trade only big amount if we can have profit otherwise it is good to hold our bitcoins because we all knows that bitcoin price will rise soon after the crash or fall. just think that it was just a lesson to be learn for and be continue for your what wanted to be just like here even you failed a lot make sure that you made some decision to be not happen that again. |
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gadimbrut
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December 09, 2017, 06:12:42 PM |
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What do you do after you suffer a huge loss?
If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?
if I suffer a big loss in my bussiness I will keep melakakan warangan because the fastest way to restore capital is by trading, but in a more careful way to do the trade so that big losses can be avoided |
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anitaraymonds
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December 09, 2017, 06:14:25 PM |
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You do not revenge trade after loss you will lose more because you will now be trading with emotion and tension. The best thing to do is go back to demo trading and practice more of your strategy. once your confidence is back you can now go back.
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slashz9
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December 09, 2017, 06:24:32 PM |
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of course I'll do it again because losing is part of winning. Some are offset by increasing knowledge. Because the longer you trade the higher the experience you get, no matter you lose / run out of money you can search for it again, but the experience you get will be very meaningful.
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hitrawal91
Full Member
Offline
Activity: 462
Merit: 101
BitcoinSN - The Real Bitcoin!!!
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December 09, 2017, 06:32:55 PM |
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What do you do after you suffer a huge loss?
If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?
After a huge loss first of i will take a break from trading and i will try to find out where the problem is, whether it is in myself or somewhere else. Then I will clear the doubts and practise the area of mistake and then i will trade again with same plan and amount of investment. Always try to learn from your mistakes and trading is a game where you have to learn and improve from yourself and not from other's. |
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santali
Newbie
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Activity: 54
Merit: 0
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December 09, 2017, 06:46:08 PM |
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A big loss is a sign that your actions or estimation were wrong in a kind, but this is the difference between winner and loosers, winners can sublimate the bitterness of loss into aspiration to become better, that's it.
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jmiro1
Member
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Activity: 235
Merit: 11
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December 09, 2017, 06:56:07 PM |
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The way I see it, it's a big gamble to invest again after a big loss. I know, we invest in order to get more profit and make for money. But we are also concerned about the chances of loss. Now, if I'm going through a huge loss, it's already not easy to stay strong mentally. If I go to another risky investment, that would be another big mental pressure. I would like to stay put for a month or two at the very least after a huge loss.
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haroldtee
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December 09, 2017, 07:01:32 PM
Last edit: December 09, 2017, 08:37:05 PM by haroldtee |
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The point of being a good trader is not to suffer huge loss but to have nice profits. Of course, you cannot win all the time as even some of your indicators may end up giving you the wrong signals and you will be putting too much pressure on yourself looking for 100% wins, but at least you know how to use your stop loss and look for a good point of entry later on.
My mentality is just to accept what has happened and move on to the next available trading opportunity. You will definitely get what you have lost back if you know what you are doing, and if you don't, better don't come back and accept what has happened as a warning.
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ridertiger
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December 09, 2017, 07:04:33 PM |
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Yeah, I gotta learn not to go with emotions, anger, excitement, FOMO and FUD. You swear you won't but sometimes you do it again  Most of the time it is losses of the potential profits, rather than real losses that drive you to real losses. |
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KaliLinux
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December 09, 2017, 08:30:07 PM |
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What do you do after you suffer a huge loss?
If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?
Not means a loss in investment only. But i feel missing the right time of investments also a big loss to me. If i would've hold my coins for bit long then it will get something huge at any of this pump. As a trader there are very less chances to loss and the main thing is choosing the right time of investment. May be a dip could be good for investing. loses are the best experience to learn about market even from the difficulties. |
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deanerific
Member
Offline
Activity: 116
Merit: 10
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December 09, 2017, 08:31:12 PM |
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What do you do after you suffer a huge loss?
If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?
My mentality after taking a huge loss the last time I took one: "NEVER AGAIN." Now I make every trade with a plan and have a stop-loss to protect myself from myself. I'll eat 3-5% losses happily knowing I'm sticking to my plan. |
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YTBitcoin
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December 09, 2017, 09:19:47 PM |
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What do you do after you suffer a huge loss?
If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?
I have lost a few times in some of my trades but Thanks to God that it was not a bigger lose so I am still here to invest and can take risk to invest for to make my future more bright to find a good investment. I do not know that what is the situation of those people who lose in a bigger amount but I wish to not face that situation as it looks a huge headache. |
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Adykingcity
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December 09, 2017, 10:06:52 PM |
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whatever the risk if you're good trader, no matter to got huge loss. personally, i'll keep do trading, trading is my life in cryptocurrency, i'm keep doing that again without any hesitation. if you know the technique, you'll prefer to do aa trade to gain profit than another way else. when you get loss, it will be educate you, learn from your mistaken and try to avoid the worst risk.
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jakezyrus
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December 09, 2017, 10:12:30 PM
Last edit: December 09, 2017, 10:22:39 PM by jakezyrus |
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You do not revenge trade after loss you will lose more because you will now be trading with emotion and tension. The best thing to do is go back to demo trading and practice more of your strategy. once your confidence is back you can now go back.
i think that real trdaing with money involved is still much better than demo trading without money involved its because in real trading your trading with real emotions and feelings but in demo trading your too confident and your feeling or emotions will be totally different because you know that theres no money involved therfor you wont take it seriously. also i wont recomend for op to start and try again because i believed on the saying that one mistake wont fix another mistake and maybe he'll end up lossing more instead of winning. What do you do after you suffer a huge loss?
If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?
i suggest better stop for a while and take a short break to try and do some other things because too stressed in your self is not always good for your health. relax man, of course it always happen because were just humans and sometimes we usually do mistakes but its normal because it also happened to everyone not only you. lastly try to try it again after you finished taking a break and you already cleard up your mind but if youl loose again then maybe trading is not for, so i guess much better to leave it and find another hobby that will surely applicable to your skills and talent. |
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Vikingr
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December 09, 2017, 10:54:21 PM |
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What do you do after you suffer a huge loss?
If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?
It really become a great lose of will power over our next step in our financial life when we meet a huge lose. A person is retarded when he see that much lose in any of his business. After that it take some longer time that he start again to work and to invest in any other business. |
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Bagaji
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December 09, 2017, 11:12:55 PM |
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What do you do after you suffer a huge loss?
If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?
First and foremost you will need to have a good knowledge of trading crypto currency before ventures your money into trading crypto currency. What one need to is there are two things that are involved in trading crypto currency either loss or make profit. Having a good money management policy and follow it strictly that a lone will reduce loss in trading. I will still continue with trading but i will need correct what makes me loss my trade then correct to avoid further occurrence. |
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