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Author Topic: It is not your fault that you are loosing in trading!  (Read 22143 times)
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January 05, 2019, 06:57:09 PM
 #21

True, sometimes kissing in trading may not be your fault but still yet,  there is still a huge possibility that a lot of traders contributed to their many loss because of implusive selling and buying of cryptocurrency.
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January 05, 2019, 11:53:47 PM
Last edit: January 06, 2019, 12:19:58 AM by bitcoin31
 #22

Everyone has an obligationas a trader. If you are trader you need to promote your coin that you have to up the value if you sell your coins you lose your money too and other will be affected and they will lose their money also because they affected on the dumping price.
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January 06, 2019, 08:58:05 AM
 #23

Our method could be same when predict the price movement but indeed crypto was unpredictable but blamed the market when we loss is not good because the fault also belongs to us the traders and rather than blamed someone when we lost then we have to review again our trading results to avoid upcoming loss
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January 06, 2019, 09:32:36 AM
 #24

If you are trader you need to promote your coin that you have to up the value if you sell your coins you lose your money too and other will be affected and they will lose their money also because they affected on the dumping price.
How do you promote a coin you're hodling?,and what form of trade does this your analysis relate to,if you're a long term trader you buy coins with the intention of selling later,whie short term traders move coins in and out stacking up little profits most times,i do not see how one can promote a coin.
I think only when whales/people who own large assets either sell or buy that the price and value of a coin could be affected,if you own a less significant amount,your sale wouldn't change much

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January 06, 2019, 10:49:50 AM
 #25

I was thinking this morning and trying to used my trading experienced in analyzing my past performance in trading but I came to conclusions that most times that I lose,  my predictions of market directions is right just that something unexpected happened along the way.
Because of this unexpected reactions in market cycles that is why we should learn on how to manage risk.  Since there are many indicators and we can not used all of them at the same time I believe that there is no way we would be successful in trading except we learned how to manage risk and reduce our risk as minimum as possible.
2019, is here,  are we going to continue in losing trade?  I have decided to love my capital more than profits this year and I am not going to take much risky trade this year.
I think that you have no wrong in marlet predictions let say you think it will up from this point and it is a high chance to up but, the thing is your mind and emotions which was definitely affecting most of your decision making in buying or selling. My experience is good from traditional trading but once i tried margin trading i am losing for a span of 4 months and now i feel like im going back to natural trading and manage my emotion again.


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January 06, 2019, 10:58:19 AM
 #26

I agree.

Manage your risk. Know what you are stepping unto. Do not just jump into conclusions or just in an imaginary profit.
Always go for the impossible. Be prepared for what could happen and not just being dragged by pumps and dumps.
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January 06, 2019, 11:00:45 AM
 #27

that's a good thought. Because most traders lose money because they are not careful in financial management. that's true, most of them invest with emotion and don't know how to cut losses.
This is also a great lesson for traders who failed in 2018.

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January 06, 2019, 11:44:06 AM
 #28

I agree on your statement. I suggest must accept the fact and stop repenting on your faults because it's normal especially  risking money by doing trading which is  since  only have specific strategy and full of knowledge can prevent doing mistakes and etc.

If you don't want to have another mistakes then be smart next time!  Be ready before jumping in ! Make a TA always to reduce risky situation because in fact it's up to us how to handle it even though it's very risky.
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January 06, 2019, 11:54:15 AM
 #29

trade has taken up a large part of my capital because of the lack of proper decision making among the many strata of the strategies applied by other users to continue to win. choosing the best coins and having a good trend is absolute to be able to reach profit targets on trading activities. do analysis carefully and be more patient to achieve profit targets

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January 06, 2019, 12:28:31 PM
 #30

I think as a trader you do not focus on 1 single coin and stick to that one to get your profits. My opinion and what I do is that a take trades in any possible coin that shows me the right signals to apply my strategy. After that I take 50% of my profits and those profits I put in a coin I have confidence in. So at the same time you are trading multiple coins for daily profits and you put money in a coin you strongly believe in

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January 06, 2019, 01:25:43 PM
 #31

I was thinking this morning and trying to used my trading experienced in analyzing my past performance in trading but I came to conclusions that most times that I lose,  my predictions of market directions is right just that something unexpected happened along the way.
Because of this unexpected reactions in market cycles that is why we should learn on how to manage risk.  Since there are many indicators and we can not used all of them at the same time I believe that there is no way we would be successful in trading except we learned how to manage risk and reduce our risk as minimum as possible.
2019, is here,  are we going to continue in losing trade?  I have decided to love my capital more than profits this year and I am not going to take much risky trade this year.

Don't ask anyone because all fault is because us as player and I believe all trader will agree with me. We are the command center and all decision is because us, so we play with our mindset, asset and time. Hard to say if you don't agree with me and not repeat the same mistakes is the best way to keep survive. Valuable experience for all of us, keep disciplines with our strategy and good luck to you.

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January 06, 2019, 01:26:33 PM
 #32

This is exactly what I have been trying to tell people! Your experience and expertise doesn't matter in bitcoin, you can be an amazing trader, you have no fault in the trading because there are things that nobody expects happening in bitcoin. How could anyone have guessed someone would sell a ton of bitcoin all at once when Craig did it, everything looked like bitcoin price was bound to go up and 6.5 thousand looked like the minimum bitcoin will be and it was all sunshine however one unexpected thing led to another and here we are the price is low.

Nobody, not even warren buffet could make great trades too many times in a row in bitcoin. A friend of mine turned 0.7 bitcoins into 40 bitcoins and lost about 15 bitcoins recently, he is still in profit but even the best traders will lose money eventually because unexpected things keep happening in this space.

But you shouldn't have lost out in that situation assuming that you're considering bitcoin value. If you're trading frequently from usd/btc to try and grow usd value then you should've had some sort of a stop-loss in place. If you're just trying to grow your bitcoin then there's little way you could've lost out.

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January 06, 2019, 01:37:43 PM
 #33

in trading, prediction is not advisable because it may lead to loosing some of your capital, it is better to play safe when trading and it is better to base on the current market not what will the market for the following day.
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January 06, 2019, 04:20:46 PM
 #34

in trading, prediction is not advisable because it may lead to loosing some of your capital, it is better to play safe when trading and it is better to base on the current market not what will the market for the following day.

All trading actions are predictions because we do not know where the prices will go in the next day. The difference lies on how people make predictions. Some will rely on charts, news or even just blind predictions based on feelings. Losing in trading is normal and everyone should experience it. Patience is needed to wait for the correct times to reap the profit.

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January 06, 2019, 04:46:03 PM
 #35

Taking high risk at any stage of trading is not recommended, every trade should be taken with calculated risk, how much amount you can afford to lose in a single trade and how much max dd you can bear all time. Also trading needs lot of homework and proper planning like tracing levels, breakout etc.
100% profit in trading is practically not possible so accept the losses and move.

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January 06, 2019, 06:15:46 PM
 #36

Trading is a big lottery in which not everyone is lucky. And everyone who decides to try their luck in trading should be ready for losses.
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January 06, 2019, 06:21:40 PM
 #37

Last year was crazy for day traders a day I think I can say more of loss than profits in the bags of traders.  However,  I won't give up on how far green the market can go. It's good to love your capital more than your gains but would you rather watch everyone cash out big and lay in regrets? 2018 changed a lot of peoples perspectives as nearly most of their predictions went south.

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January 06, 2019, 06:27:52 PM
 #38

It's a very good thread for less experienced traders. When I just started I had an impression that I'm the only one making mistakes in predictions and losing as a result. It's true, that crypto trading doesn't follow the same rules and the market is still extremely volatile. Some things are actually outside of our possible judgment, though most losses are caused by things we can see but just don't take them into account
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January 06, 2019, 07:05:50 PM
 #39

that's a good thought. Because most traders lose money because they are not careful in financial management. that's true, most of them invest with emotion and don't know how to cut losses.
This is also a great lesson for traders who failed in 2018.
Financial management is part of whole story, real image is bigger than what we thought. It isn't about "cutting losses" so traders are depend on volatility which happens via unknown factors.

Imo, every lose on trading is trader fault. Yeah i lose a lot too in trading, i already do analyze and etc but still lose. I can't blame market or other thing such as something 'unexpected', its just me not doing more deep analyze and too greedy with profit. With this, i can easily learn from my mistakes and thats how trader should do in my opinion.

We can't blame anyone but ourselves if we either lose or win. Those unexpected events is beyond our control so obviously, we can't do anything about it.

And as how much or how deep our analysis of the market, it might do on other directions because this market is based on speculation plus there's the factor of manipulation as well. In addition if we did mistakes in the past so let that be a lesson and hope that we learn something out of it so that we won't repeat. So best of luck to all traders this 2019.
Cryptocurrency trading is different level than other financial markets. Spot markets(forex) are considered as controllable by banking institutions compared to cryptocurrency which volatility is higher than sum of whole movements of  stock market. Financial institutions hire best economists for keeping under control economical events because system is created by them.
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January 06, 2019, 07:09:05 PM
 #40

I was thinking this morning and trying to used my trading experienced in analyzing my past performance in trading but I came to conclusions that most times that I lose,  my predictions of market directions is right just that something unexpected happened along the way.
Because of this unexpected reactions in market cycles that is why we should learn on how to manage risk.  Since there are many indicators and we can not used all of them at the same time I believe that there is no way we would be successful in trading except we learned how to manage risk and reduce our risk as minimum as possible.
2019, is here,  are we going to continue in losing trade?  I have decided to love my capital more than profits this year and I am not going to take much risky trade this year.

Maintain a track of winning and losing trades. Its better if you can maintain 7:3 ratio that is if you have taken 10 trades in which 7 are winning and 3 are losing then you are at good trader.

Cut your loss, Let your Winning trades run is the best Rule that one can follow.
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