gurang
Jr. Member
Offline
Activity: 350
Merit: 2
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July 04, 2018, 02:16:26 AM |
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Hello guys, there are always financial losses in the field of trading and this is a normal thing, but unfortunately there is a category of traders does not accept these losses. Plus, the not acceptance of the truth may affect them negatively like, psychological problems, stress .. and even on the next choices in trading, but this leads to a multiple and consecutive losses. In fact, the first and most essential thing to surpass the loss is " The acceptance of the truth" and then you have to " deal with it " in a good way. Trust me, if you learn from your mistakes, then you will earn what you want.
I learned something very useful and I want to share it with all. These are the 5 steps to make a financial profit (especially after a big loss) and even achieve your goal, they will be as the following ( like a plan) : Step 1 : What do I want to achieve? (Vision)
For example: I want to earn 2 BTC within a year. Step 2 : What is their importance to me? ( Value )For example: It is important to me because I am poor and I want to help my family in many things. Step 3: How will I achieve it? ( Methods )For example: I must have many strategies in each event ( crisis, pump ) .. .. Step 4 : What prevents me from achieving it? (Obstacles)For example: time, unexpected event, the fear , weak of self confidence... Step 5 : How do I know that I have achieved the success? (Measurement)For example: .. .. When I see 2 BTC in my wallet before one year.
Good luck to everyone . What should you do when you lose money? all you have to do is come back and face another test that you despise and reassure yourself that you can bring it back and overcome
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naily
Member
Offline
Activity: 350
Merit: 10
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July 04, 2018, 04:22:51 AM |
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The real challenge of course is how to get bitcoin without wasting all hard earned money into the coinbase and It's always good to set your targets to be higher than you need. If the desire is to get 2 bitcoin per year, then target more than you expect
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dharnamonitor
Full Member
Offline
Activity: 448
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
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July 04, 2018, 04:58:20 AM |
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Reflecting on the things you've done after losing would probably give you an idea on what are the reasons behind your losses and how to cope with it. But if you started whining without thinking or realization you would probably continue to become a failure in trading.
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ethereumhunter
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July 04, 2018, 05:11:49 AM |
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I think I need to break for a while to introspection of what kind of mistake that I made and how can I fix the mistake so I can continue to recover the money. I know this will be difficult to accept the losses but I think this is what I need to do to survive and still make money again. but the most important things that I need to do is accepting my losses and learn how to solve the problem so I don't have to make the same mistake in the future.
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GrayFullbuster
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July 04, 2018, 05:29:29 AM |
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Hello guys, there are always financial losses in the field of trading and this is a normal thing, but unfortunately there is a category of traders does not accept these losses. Plus, the not acceptance of the truth may affect them negatively like, psychological problems, stress .. and even on the next choices in trading, but this leads to a multiple and consecutive losses. In fact, the first and most essential thing to surpass the loss is " The acceptance of the truth" and then you have to " deal with it " in a good way. Trust me, if you learn from your mistakes, then you will earn what you want.
I learned something very useful and I want to share it with all. These are the 5 steps to make a financial profit (especially after a big loss) and even achieve your goal, they will be as the following ( like a plan) : Step 1 : What do I want to achieve? (Vision)
For example: I want to earn 2 BTC within a year. Step 2 : What is their importance to me? ( Value )For example: It is important to me because I am poor and I want to help my family in many things. Step 3: How will I achieve it? ( Methods )For example: I must have many strategies in each event ( crisis, pump ) .. .. Step 4 : What prevents me from achieving it? (Obstacles)For example: time, unexpected event, the fear , weak of self confidence... Step 5 : How do I know that I have achieved the success? (Measurement)For example: .. .. When I see 2 BTC in my wallet before one year.
Good luck to everyone . You should focus in your mistakes, it seems that you should improve your technique and strategies for you to avoid losses. By improving your knowledge, I am sure that you can regain all of your losses.
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Buttercup123
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July 04, 2018, 07:32:43 AM |
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You should focus in your mistakes, it seems that you should improve your technique and strategies for you to avoid losses. By improving your knowledge, I am sure that you can regain all of your losses.
Staying calm is very hard but still we, traders, must keep our composure when it comes to trading. Our crypto market is very hard to predict and to handle but once the price starts climbing, we will benefit from it and that is for sure. @GrayFullbuster, you are right that we should focus in our mistakes. Seeing our mistakes and accepting it will help us understand trading and if what should we do to avoid losing. Trading is not like playing gambling especially when money and possible profit is involved.
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Cherylstar86
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July 04, 2018, 12:07:55 PM |
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The best things to do is to move on and must never happen it again. Well, since each of us want a great amount of profits sometimes we able to experience those things unexpectedly in order to learn our mistakes. After that huge loss of money we must to do it properly next time as we are here in crypto currency community. I believe someday I can have what I want with my determination, patience and effort as well as all of us here in the world of crypto currency.
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Torrenth
Newbie
Offline
Activity: 196
Merit: 0
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July 04, 2018, 12:35:24 PM |
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indeed the loss is something that must be accepted by a trader even though a trader is already practically experienced, every risk must always exist in the crypto, for example the loss, things to do when experiencing losses in my opinion, first keep quiet second so do not ever give up to try again ,
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fluctuations
Newbie
Offline
Activity: 183
Merit: 0
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July 04, 2018, 01:07:03 PM |
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can only keep calm and wait patiently. The market is recovering in the past few days and I believe this market will soon recover.
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Angle22
Member
Offline
Activity: 122
Merit: 16
Reward: 10M Shen (Approx. 5000 BNB) Bounty
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July 04, 2018, 01:17:47 PM |
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I think the name of sustenance will not be where, and we must be patient even though we lose most of the money
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Budugbass
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July 04, 2018, 01:27:26 PM |
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in trading we must have experienced losses and that will make us more know how to become a good trader, when losing money in trading then you should be able to know what mistakes you make so you will not repeat it again, then start again with more careful to be able to recover your loss
In essence we are more based on learning from experiences, and always understand the steps we do to be more observant and examine some coins that are worthy of being traded. We are here to play with the skill and try to master it from time to time by seeing a lot of price developments, and controlling that emotion is very important.
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iqlimasyadiqa
Legendary
Offline
Activity: 1596
Merit: 1011
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July 04, 2018, 02:04:47 PM |
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It is a risk and we should be able to make the most of it. The movement of its citizens has made the government dizzy and we we are just waiting for justice. Do not ever dare to take a bad condition because as we know that investment never comes from anywhere.
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laravuemaster
Full Member
Offline
Activity: 378
Merit: 100
When Football meets Crypto
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July 04, 2018, 02:16:38 PM |
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We cannot turn out to be a hit trader if we aren't knowledgeable trader. know-how is simply critical for us to come to be professional dealer. We need to work tough to acquire extra records for us to benefit more strategies and techniques.
In my own opinion, if they lose a huge amount of their coins then they should not stop trading because that loss will serve as a good experience in order to avoid wrong decisions in the future.
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Saidmod
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July 04, 2018, 02:23:28 PM |
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We cannot turn out to be a hit trader if we aren't knowledgeable trader. know-how is simply critical for us to come to be professional dealer. We need to work tough to acquire extra records for us to benefit more strategies and techniques.
In my own opinion, if they lose a huge amount of their coins then they should not stop trading because that loss will serve as a good experience in order to avoid wrong decisions in the future. It will only be good if they will create a new ideas there to fix it and correct their mistakes. Not all who losses directly quit and some of them never stops but keep repeating what they do while some learn from every experience. That was the difference in wvery traders how they react on losing moneys.
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Froloff92
Member
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Activity: 238
Merit: 10
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July 04, 2018, 03:01:34 PM |
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I understand your psychology now, but do not worry too much, the market is down sharply, you just expect a bright market at the end of this year, the price of coins will rise again, you Do not rush to sell your coin to the market.
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tuljan
Newbie
Offline
Activity: 112
Merit: 0
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July 04, 2018, 03:08:50 PM |
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We cannot turn out to be a hit trader if we aren't knowledgeable trader. know-how is simply critical for us to come to be professional dealer. We need to work tough to acquire extra records for us to benefit more strategies and techniques.
In my own opinion, if they lose a huge amount of their coins then they should not stop trading because that loss will serve as a good experience in order to avoid wrong decisions in the future. There is risk in any market and losing is inevitable, and in the long run much needed if you're going to be successful at trading, so abandoning ship with the first sight of trouble is a bad decision and certainly a waste of time and money.
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aishyoo17
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July 04, 2018, 03:23:15 PM |
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We cannot turn out to be a hit trader if we aren't knowledgeable trader. know-how is simply critical for us to come to be professional dealer. We need to work tough to acquire extra records for us to benefit more strategies and techniques.
In my own opinion, if they lose a huge amount of their coins then they should not stop trading because that loss will serve as a good experience in order to avoid wrong decisions in the future. It will only be good if they will create a new ideas there to fix it and correct their mistakes. Not all who losses directly quit and some of them never stops but keep repeating what they do while some learn from every experience. That was the difference in wvery traders how they react on losing moneys. For some who really can't learn from their mistake they turn as an investor and not a trader they prefer to hold their coins because this is effective to them. And for those who never stop studying trading then they turn to be a day trader and make profit each time they trade.
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jigsaw97
Newbie
Offline
Activity: 60
Merit: 0
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July 05, 2018, 02:44:28 AM |
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It is very difficult to digest the big loss, but you have got other option available for you here. Just concentrate on participating bounties. If you can do video, article and blog bounties then you can earn a lot, which would help you to recover your loss.
there is a lot of cases that had been happen here of on how they recover after they loss for , we all know that there is a lot of way here to make some money to take all your loses well this is may just depends on your strategy and patience.
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GeniusAko
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July 05, 2018, 05:06:52 AM |
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Hello guys, there are always financial losses in the field of trading and this is a normal thing, but unfortunately there is a category of traders does not accept these losses. Plus, the not acceptance of the truth may affect them negatively like, psychological problems, stress .. and even on the next choices in trading, but this leads to a multiple and consecutive losses. In fact, the first and most essential thing to surpass the loss is " The acceptance of the truth" and then you have to " deal with it " in a good way. Trust me, if you learn from your mistakes, then you will earn what you want.
I learned something very useful and I want to share it with all. These are the 5 steps to make a financial profit (especially after a big loss) and even achieve your goal, they will be as the following ( like a plan) : Step 1 : What do I want to achieve? (Vision)
For example: I want to earn 2 BTC within a year. Step 2 : What is their importance to me? ( Value )For example: It is important to me because I am poor and I want to help my family in many things. Step 3: How will I achieve it? ( Methods )For example: I must have many strategies in each event ( crisis, pump ) .. .. Step 4 : What prevents me from achieving it? (Obstacles)For example: time, unexpected event, the fear , weak of self confidence... Step 5 : How do I know that I have achieved the success? (Measurement)For example: .. .. When I see 2 BTC in my wallet before one year.
Good luck to everyone . You should identify first the reason why you lose ypur money, you can easily regain all of your losses if you know what you should improve. You can use your past mistakes for you to grow your investment.
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Tervelatuk
Member
Offline
Activity: 636
Merit: 11
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July 05, 2018, 05:14:16 AM |
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We cannot turn out to be a hit trader if we aren't knowledgeable trader. know-how is simply critical for us to come to be professional dealer. We need to work tough to acquire extra records for us to benefit more strategies and techniques.
In my own opinion, if they lose a huge amount of their coins then they should not stop trading because that loss will serve as a good experience in order to avoid wrong decisions in the future. if we stop trading when experiencing this loss will be very bad for us. there is no progress in our trading ability going forward. loss is a common thing in trading. this will be a valuable experience for the future of our trading result.
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