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Author Topic: your mentality after a huge loss?  (Read 3795 times)
Oilacris
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December 24, 2017, 03:38:35 PM
 #321

I will be continue to trade and learn what wrong of my trading that i did, stop a few moment and build new trading strategy, new trading plan and new risk management. Also I will devide the money one portfolio for trade and one porfolio into others pasif income like make investing in mining site or lending coin site to minimize the risk.

Take a rest for aome time is good idea to refresh back your mind from the huge loss.
If you say you will build new strategy i think that is no need. Why? Because we just need to review it and not make the new one.

after a huge loss making your self in a calm and peaceful mind make you feel even more better and you are able to think what would be the best decision that you are able to made of yes it is hard to take some loss but it is better that after this loss you are able to make some good thing to do for.

Calming down is not easy especially if you made a big loss on the exchanges. Then you will have a strong headache and you will think about your previous mistakes. This is inevitable.
It cant really be avoided since there no human being wont react if they would lose up huge sums of money on doing trading and if you did experience this in first time or newbie days then you would eventually lose up your temper and patience which would result on more severe loss because you cant already decide carefully on the things that you should do next specially on recovery.

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December 24, 2017, 04:09:33 PM
 #322

As a trader I would say you have to be disciplined to be in market. Don’t panic. Be active in the market. Remember news is temporary, Technology is permanent. News will pass by.

After huge losses never try to recover. Think what went wrong, what did you missed, what is driving the performance..?

Please do detailed analysis before entering again. Don’t repeat mistake. If you are failing continuously then please leave the market before you loose all. Save yourself.
I agree with you . After the failures we should withdraw a new lesson because this market is not for those who are lazy and have psychological panic. Just as the market goes down you will definitely sell all and your psychology will probably collapse. It is best to focus on analysis before trading
Tungsten-1
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December 24, 2017, 07:13:02 PM
 #323

huge loss for me is depression it is so heart breaking when you loss what you have..i may need a break first to regain my consumptio

Yeah, it's so sad on that moment and very depressed emotion. Well, after all that will set as our lessons which we need to relax for our while since our time to be lucky is not their. Having a huge loss may lead to us that our pride might be affected and challenged to bet again which in the end is useless. All that we need is self control and be responsible on our doings to avoid to think such bad doings.
Suffering of loss is quite a normal thing but it is really very much painful to suffer loss. There comes situations when you do suffer loss. At time when I suffer any kind of loss, I do get disturb but I try to get normal as soon as possible. Soon I get normal, I look out for some other better strategy based on my past experience in order to get back what all I had lost. I do more hard work and learn from my past mistakes.
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December 25, 2017, 05:00:36 PM
 #324

after a huge loss, i try to avoid for trading first, that was the first step
second, i try to get profit on airdrop and bounty campaign (it really need a time but it was the good choice for that moment)
third, after get a huge profit, im stop on trading and focus on airdrop and bounties
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December 25, 2017, 05:38:56 PM
 #325

Well, for now, let me speak about the current lost I suffered in Bitcoin. I am referring to the price of Bitcoin when it reached around $19,000 in December 2017 till it nosedived to only around $11,000 this week. It is a lost because I already converted the money I earned in trading to Bitcoin on the hopes that it will reach at least $20,000 before I cash some out. But what transpired is that its price suddenly went as low as $11,000 in just a matter of four business days. I felt devastated but at the same time I felt the need to keep going so my investments would not falter all at once. Hence, I am so back in the game!
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December 26, 2017, 07:57:24 AM
 #326

of course I will try again, usually it happens because of panic, at first may feel bad, but if I stop then I will miss the opportunity to get big profit, from the loss I can know where the error to loss and start again correctly, all surely there are risks to live how we can overcome them
These losses are best way to learn how to make yourself ready to defend such mistakes next time and make some good profit. Like you said, there should be no worries and sadness, although it is not that much easy but when you have intentions to earn so much money then you must have such ability to control your mind with that much loss, as the worst situation. Be patient.
AntoCokbun
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December 26, 2017, 08:21:11 AM
 #327

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 big loss I'm sure the beginners will be desperate and do not want to do it again and they will try to find another way, but it is only temporary because after getting important information and begin to understand we will definitely go back to try it again and play it more careful. my example is me. Cheesy

bamb
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December 26, 2017, 08:30:06 AM
 #328

What to do after a big or small loss is to stop trading and document every thought process and activities that led to that loss! Date the loss event and analyze it thoroughly so that you can learn what not to do next time you are trading! You can also use ALGORY.IO trading tools to assist you in your trade!

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December 26, 2017, 08:38:12 AM
 #329

I will stop trading at the moment and learn more about my mistake before, and then after have new trading plan and new strategy i will start trading more. Learn form mistake will make more confidence to trading again.

dvillier
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December 26, 2017, 09:13:56 AM
 #330

I will stop trading at the moment and learn more about my mistake before, and then after have new trading plan and new strategy i will start trading more. Learn form mistake will make more confidence to trading again.
yea good idea of mate and that is the method of success trader. Be remember win and loss is the part of game and if you can face loss then you need to keep your moral high and try to learn from your mistakes so that for next time when you face such problem then you will clear them in second and can recover your loss with your new learn tips.
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December 26, 2017, 01:14:46 PM
 #331

After a loss I am trying to convince myself that this was just a matter of time, but there is nothing that can not be fixed in the future.
Requim
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December 26, 2017, 01:21:54 PM
 #332

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, I'd definitely think of where it went wrong, but not focus too much on that. I will move on and learn from the mistake/s that I made, and most probably try again. Because if we all give up so easily, then success will not be easy for us.
Lanatsa
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December 26, 2017, 01:29:32 PM
 #333

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 big loss I'm sure the beginners will be desperate and do not want to do it again and they will try to find another way, but it is only temporary because after getting important information and begin to understand we will definitely go back to try it again and play it more careful. my example is me. Cheesy
There are really cases which when in times of first try out and then we do suffer loss then some people would really decide to quit and find another way in short they do easily give up and dont have the dedication and persistence to go on but there are some people no matter how many times they do failed down they dont easily give up because they do saw that the opportunity on making money is here specially for long term.

R


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December 26, 2017, 02:57:50 PM
 #334

of course I will try again, usually it happens because of panic, at first may feel bad, but if I stop then I will miss the opportunity to get big profit, from the loss I can know where the error to loss and start again correctly, all surely there are risks to live how we can overcome them
These losses are best way to learn how to make yourself ready to defend such mistakes next time and make some good profit. Like you said, there should be no worries and sadness, although it is not that much easy but when you have intentions to earn so much money then you must have such ability to control your mind with that much loss, as the worst situation. Be patient.
- I think anyone who falls into this situation, sadness is inevitable, even I believe they just want to cry and find somewhere to feel the peace and rest, do not want to continue to face loss and failure, we can not control our minds at that time, it is quite chaotic. I also fall into this situation several times, it really is not pleasant but after i rest and calm down again, I was able to continue and return to trading because I know if we continue, we will still have the opportunity to make money again but if we just live in failure, we will be forever in the dark


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December 26, 2017, 03:03:32 PM
 #335

Lose my minds and drinking alcohol Sad.
Funny enough, that will not even help at all. One thing about trading is that, the worst should always be prepared for. You cannot always have it right and which is one of the reasons pro trader look for some things to quickly make either an entry or an exit in a trade.

Huge losses can be crazy and I have been there but what can a man do than to move on and see how to make things right ?
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December 26, 2017, 05:38:44 PM
 #336

No doubt, it has a big impact in life, both financial and moral. If anyone who suffer from this circumstances are not able to shape his/herself, it will definitely lead insanity. 

For sure, anyone who's in trading are experienced the same situation. But luckily they manage to build their self again and perhaps they learned.

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December 26, 2017, 05:43:54 PM
 #337

I have suffered great losses in crypto currency in the past but there is not much alternative in the fiat world for myself so I keep on trying my best. Now I have become more realistic as I make goals and plans for the near and far future. As long as I am in sound mind, I will keep trying and at present if  can provide my family with a roof over our heads and the basic needs are met, I try not to think too much beyond that. So I make sure that is covered every month from working in crypto, and if anything is left over for investment, I consider it a bonus. We lost way too much holding bags that died over time, or from hacks and theft, or from selling too early. Nothing much we can do, it upsets us but we need to move on fromb ad experiences. 


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posi
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December 26, 2017, 10:19:44 PM
 #338

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 will definitely proceed with trading because every successful business must accept debt but the debt must not supersede the profit. However, crypto currency trade loss can be amend if only the trade can wait for sometime when the dump is finished before selling his/her investment.

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Suleiman the Magnificent
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December 26, 2017, 10:28:47 PM
 #339

First I try to calm down. Then I'm investigating where I made a mistake. I'm trying not making that mistake again. But every time there are new mistake. Therefore my feelings are falling, I feel like I have lost my children.
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December 27, 2017, 12:14:12 AM
 #340

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?
Disappointment is what I will feel after a huge loss because losing lots of money is not an easy thing to accept. To be honest, I never tried to lose a big amount of money before but my friend did because he deals with trading process. Since he is a first timer, he never stops on dealing with this process instead he keep on understanding and studying how the market goes. He explained and shared to me on how to handle this kind of pressure because for him, happiness is what you need to look for and not to the money.
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