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Author Topic: Trading without losses?  (Read 30512 times)
gabmen
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November 19, 2018, 01:12:03 PM
 #241

I'm interest in trading and I want to know more about it. So please give me your valuable ideas and opinions. As a beginner I would like to know that Is there any special ways to do trading without losses or in a manner which minimize the losses. Not only that please tell me Is it possible to start trading with a small amount of money at the beginning.
Hope you will help me.
Thank you. Smiley Smiley


There is no perfect trading so we should learn how to accept it. There are always lapses along the way so we must be wise in trading. It is important that we'll have knowledge about what we are doing first to get rid of uncertain losses. Searching and learning the basics of it is important.
Not trading, don’t talk about trading. Do you ever see any source of anything that involves some effort but the ending is always win? I considered nothing like this. Whenever two or more people come and try to get something, there is always loss. Likewise whenever someone put money in something, there is always a chance of loss equal as win. So digest it.
Know your risk appetite because in investing/trading losing money is very normal. Even you put small amount of money, you will still lose some of it. We can't always win, losing will always be there but of course you can learn a lot from that experience.

Reading more about trading can help you to minimize loses, but it will not help you to win always. In the market that is composed of high volatility, expect to lose money.

Always set your cut loss level, that is trading where traders maximize the market to earn profit and minimize their loses by setting the cut loss level. Meaning, even professional traders have their own story of losing money, we can actually learn a lot from them.
Yes that’s true, but it can only be when you’re trading regularly. If you’re the type of trader that tries to be certain of their predictions before taking actions, then there is every possibility that you won’t lose. But these sure times doesn’t come regularly, and most of us prefer to trade every time. So the best thing is to look for ways to reduce your loss instead of talking about not losing at all.

How can one certain about his predictions at all though? I don't think there's any way to do that especially for someone that's just starting to trade.  Accepting the fact that you're bound to lose money along the way would be a good start to condition yourself. Piling up on experience is still the best way to go.

 
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DarkIT
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November 19, 2018, 02:53:25 PM
 #242

In bitcoin trading depends on how the flow of market value is. It is also part of a risk of lossing in bitcoin trading because the price of cyptocurrency is not stable. Flow of prices sometimes goes up and down.
well, maybe right now, those who are trading are getting a loss, especially those who are holding a few coins. well, this proves that it's very difficult to trade without losing money. there are even some people who sell their coins despite losing today.

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emberbekas
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November 19, 2018, 04:25:25 PM
 #243

Even experience trader has face some losses in trading. I think it is hard to trade without any losses. There will come a time that the you may experience some trouble. And it will come unexpectedly.

True, no one can trade without facing a losing condition. If someone wants to be a perfect trader, trading without losses at all, then trading is not the right thing for him.

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November 19, 2018, 08:31:21 PM
 #244

I'm interest in trading and I want to know more about it. So please give me your valuable ideas and opinions. As a beginner I would like to know that Is there any special ways to do trading without losses or in a manner which minimize the losses. Not only that please tell me Is it possible to start trading with a small amount of money at the beginning.
Hope you will help me.
Thank you. Smiley Smiley

How are you going to study? Mistakes are our best teachers! And in trading, though they are the most painful, as they beat us right on the wallet, but these lessons are the best! Wink
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November 19, 2018, 10:16:11 PM
 #245

You can start trading with any amount, but you can not trade without losses). You can minimize losses if you invest in different coins.

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November 19, 2018, 10:42:32 PM
 #246

I'm interest in trading and I want to know more about it. So please give me your valuable ideas and opinions. As a beginner I would like to know that Is there any special ways to do trading without losses or in a manner which minimize the losses. Not only that please tell me Is it possible to start trading with a small amount of money at the beginning.
Hope you will help me.
Thank you. Smiley Smiley

How are you going to study? Mistakes are our best teachers! And in trading, though they are the most painful, as they beat us right on the wallet, but these lessons are the best! Wink
It is still better to learn through reading and research than wasting your money in trading without some certain knowledge, it is a waste of time and money learning through the hard way without some basic knowledge with you. And in trading losing is inevitable and the only thing we can do is to move forward and accept the fact that this is how the market works.

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November 19, 2018, 11:45:24 PM
 #247

Don't trade if you don't have the courage to face a big loss. Yes, like now, I think it's time for a trader to be tested for his patience and emotions. if it's not strong you better get out and stop.

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November 20, 2018, 03:57:47 AM
 #248

The FIRST and simple way to do this is to be with broker/company that is legitimate instead of random one. I suffered a lot with brokers like Nova FX, who were not regulated and later end up closing out, so just be wise with selection of broker and rest depends on the knowledge and education aspect.
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November 20, 2018, 07:15:53 AM
 #249

Don't trade if you don't have the courage to face a big loss. Yes, like now, I think it's time for a trader to be tested for his patience and emotions. if it's not strong you better get out and stop.

 Precisely, trading is about the courage and acceptance with losses because we are penetrating withput assurances to gain full profits in return. Also, trading is a difficult game, but it has a good strategy that we can benefited most as long as we have knowledge dealing about it. And getting losses is not a weak aspect instead it is the way to learn from mistakes and can be apply for the additional experiences.
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November 20, 2018, 08:13:03 AM
 #250

if you want to join the trading world be aware that loses are very normal , because trading involves both profit and loss , if we want to be successful we have to trade in discipline and keep losses minimum  

In any trading risk is involved as market varies depending upon the demand and supply. With crypto currency the volatility is very high which means that market can rise quickly and at the same time it can crash badly. So if you do the wrong buy/sell at any point you would be losing lot of money and vice versa. So mentally one should be ready to take some losses and have extra money so that you are not depend on totally n this money.

Normally losses are normal when the market conditions are not good. In such cases, even the experienced traders stop because of the very low or negative output they face upon making a move.
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November 20, 2018, 08:22:57 AM
 #251

You can't expect to make profit in every transaction in trading because it almost impossible. Losses is the risk of trading and if you want to try it you should take the risk. Losses in trading is not mean you failed because it will make you learn more and improve your skill in trading.
All crypto users during trading ever losses. In order to always be profitable to place bitcoin as an investment and HODL in a period of time it is not known when the crypto price will rise and profit.
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November 20, 2018, 10:31:01 AM
 #252

Don't trade if you don't have the courage to face a big loss. Yes, like now, I think it's time for a trader to be tested for his patience and emotions. if it's not strong you better get out and stop.
The reason why traders are still working even in the situation like these is just because they feel comfortable doing this and found there self being profitable. Though it sometimes they will experience losses but they just consider that as a part of trading and ain't gonna be the thing to give up and loss their hope.
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November 20, 2018, 10:56:05 AM
 #253

The best way to reduce losses is to simply store in a secure wallet. Holding it would make you less prone to risk and got higher potential to reach a good price eventually. Just a reminder not to store your funds not in exchanges, choose hardware wallet or open source wallet that provides you your own private key. Thus way you could have the full control of your funds and does not need to entrUST it to third party. You can choose Electrum if you have Bitcoin only while if you have multiple kind of coins, you could have Hodler wallet since it is also open source like electrum.
It's a very secure ways to handle our asset to avoid losses mate, and keeping your coins to that storage will keep from having a weak hands. Certainly we can't prevent losses once we deposited our coins in the trading site, so much better to stay away for a while from exchanges because you might can't control yourself selling your coins at dumped price so you tend to lose it.
By storing in exchange, we get a very mobile opportunity when we want to sell the coins we have. But for me this is a condition that is not good because we are easily affected to sell the coins we have even though we suffer losses because selling coins is much cheaper than when we buy them. So actually conditions like this are difficult and we should wait for some time, there are positive values and there are also negative values. We are in a difficult condition and only ourselves will determine the future we will achieve.
And yes, people panic. They start panic selling and hence making themselves conferred heavy losses plus demolish the tone of market. This cause decrease in value of bitcoin.
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November 20, 2018, 12:54:28 PM
 #254

I don't think there is any sure shot way to trade without losses. But what I have experienced is that, you can't be perfect at trading by learning TA. You need to do hit and trials and a whole lot of practice. It is all practical. You can't just read books and be perfect. You can learn new things everyday about market sentiments. So, just practice with small amounts.
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November 20, 2018, 03:57:24 PM
 #255

Honestly, I believe that there is no such small amount defined and suitable for everyone. You can start with the lowest possible amount as per your convenience and build your own trading strategies as the experience will give you enough knowledge and skills to maximize profit and avoid losses. I believe that practical knowledge is the best method to gain the required skills knowledge and experience and for that, any lowest possible amount is enough.
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November 20, 2018, 09:44:29 PM
 #256

When price drops for $2k in couple days - you should be REAL prophet to trade without losses.
I am once again convinced that trading without losses is absolutely impossible.
Personally, I was sure that it was necessary to open a long position from $4800 per BTC. And what did we get in the end? Almost $4,000 was touched. And now same situation - was it real bottom or not?

 
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November 21, 2018, 06:03:37 AM
 #257

When price drops for $2k in couple days - you should be REAL prophet to trade without losses.
I am once again convinced that trading without losses is absolutely impossible.
Personally, I was sure that it was necessary to open a long position from $4800 per BTC. And what did we get in the end? Almost $4,000 was touched. And now same situation - was it real bottom or not?
maybe so far, more than 90% of people who trade have felt loss. well that's a natural thing, and of course it's very difficult to avoid. maybe those who only know important information can avoid that. but seeing this situation, it is still difficult to achieve that.
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November 21, 2018, 07:15:15 AM
 #258

it is not possible to happen when you do not have experience so you will find it difficult to be able to trade without having to experience losses first, but you also can not experience losses when you already know how to trade properly and correctly.

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November 21, 2018, 07:16:42 AM
 #259

Use limit buy sell method to weed out your losses but this will weed out both loss and excess profits.
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November 21, 2018, 04:16:17 PM
 #260

Alway find crypto’s that are heavily oversold, have working apps and are cashflow positive.  Canya coin CAN ticks all those boxes.  There certainly will not be a loss on CAN if you enter into a trade today. https://www.coinspot.com.au/buy/can
You are using a nice combination of technical analysis and fundamental analysis but unfortunately we know that coins with very small market caps are very easily manipulated and a tactic like that could backfire on you if you're not careful, I say this because in theory a good coin should succeed in this market but we know that is not always the case, there have been many cases in the past of coins that were clearly scams and that many experimented members of the forum warned people to not invest in them and they did anyway.

And for a time those coins were very profitable for many people but eventually crashed and the same is true for projects that are good but that don't get enough attention from the community without that support those projects cannot succeed.
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