How to stop taking high risks?

[tadpole_bitfrog]

Hey guys, I noticed that I always seek for high profit and point is that I still trade 25-50-100x. Then I lose deposit and then repeat once again.
Sometimes I gain a lot, like 10x and it gives me positive energy.

But I realise that trading with high leverage is a disaster. How to stop doing that?

Stay away from it and don't let greed guide you. You know, there have been too many people running out of accounts because playing margin without knowledge.
The fact is that whales are always waiting for newcomers to join and place greedy orders, after which they will manipulate the price and set your account on fire.
Do not play with the whales, it will eat you very fast.

[Dart18]

Who doesnt?
We all seek for that large profit for an early retirement and to enjoy life just resting and then spending time with the family.
The words said it all. It is a high risk. Why still do it if you can make choices better than that?
If somehow you could make profitt without going way far then do it.
Learn to control your greed and then maybe you can save itt until you are pleased.
Maybe think of it as far way as being a gambling game.

[Yatsan]

Hey guys, I noticed that I always seek for high profit and point is that I still trade 25-50-100x. Then I lose deposit and then repeat once again.
Sometimes I gain a lot, like 10x and it gives me positive energy.

But I realise that trading with high leverage is a disaster. How to stop doing that?

The main reason why you started is simply because you want a return but that does not mean that you are not going to lose, It's you who control the buy and sell of your assets. What you are doing is normal lose - gain , gain - lose that is basically the event here. What I can tip you is never take a risk that will cause you to be broke, every risk should be estimated.

[beerlover]

I noticed that I always seek for high profit and point is that I still trade 25-50-100x. Then I lose deposit and then repeat once again.
Sometimes I gain a lot, like 10x and it gives me positive energy.

There are many reasons people look for high risks and struck gold, not all of them include just sitting at home relaxing all day, that would make most of us bored out of our minds. Don't get me wrong I have job that many people would envy but I still want something else.

I do not really want financial freedom so I can retire early, that is a good idea and I wouldn't mind it compared to what I am doing right now but that is not the goal for me at all. I am looking for financial freedom so I can do whatever I want, which is work once again but at least work something that I enjoy doing, I have planned all my future if I had enough money but right now since I can't even afford getting sick for a hospital bill, obviously I can't do what I enjoy instead of doing something that gets me paid.

I realise that trading with high leverage is a disaster. How to stop doing that?

Have you ever heard about "calculated risk"? It is like, first you must decide your profit/target levels and from that you must work on your capital along with leverage multiplier. Without proper plan, anything may get collapsed. Trading with high leverage must need a proper plan and disciplined trading, else disaster will be the only result.

[Kasabus]

Since that accident repeats, I guess you trade with money that you can afford to lose. The problem is that you are looking for high rewards, that's why you take high risks and that's why your risks will almost always be high. Seems during this high risks, your chance of win is very low and that's why you win rare.
There is no direct way to stop, you have to change your habits, try to adapt on new habits from current one, be emotionally strong, it's not necessary to trade often, just trade when there is time, try to catch good moments. Failed? It's a new opportunity to learn, just see, you understood that your plan is bad and that happened because you failed, every fail is just a step in a way of success.

Point is that I became tolerate to losing funds and high risks. So now I can afford to lose even too big amount and other people money

Yesterday I lost my client deposit... It was like a trial period to test my strategy , I managed 0.1 btc of his deposit, I started with money management, small leverage, made like 10% of profit in first 2 days and then I switched to big leverage, shifting stop losses once price is getting closer,  emotional trading and lost everything!

This is because of the market volatility and remembers that you never controlled the market. This is what I think you've missed up, Technical analysis. You must have to change your strategy, I don't know if you are closely observing the market movement or just putting your trades without any trading tools that might help you. Cause if you don't, you are just simply putting your self at high(very) risk and pretty ended up losing.
You already have that struggles and I hope you learn something from that and tried to listen of what the other says.

[tippytoes]

Who doesnt?
We all seek for that large profit for an early retirement and to enjoy life just resting and then spending time with the family.
The words said it all. It is a high risk. Why still do it if you can make choices better than that?
If somehow you could make profitt without going way far then do it.
Learn to control your greed and then maybe you can save itt until you are pleased.
Maybe think of it as far way as being a gambling game.

High risk investment have tremendous impact, either you will gain or lose in this game. Only 2 directions you are heading from this. But the outcome will tell you where your life is going to. You can always stop taking high risk investments because you can decide whenever you want to because it is your money. Choose a coin that is more stable in the market, that you have idea where they are after couple of days or so in trading.

[rodel caling]

I think you trade well, no big deal.
it only requires emotional control so that it doesn't look fomo and it makes you lose your trading strategy.

Yeah your right as trader need to fight emotions to control self, because in trasing they cannot avoid risk is part of these industry before to get earn profits.


This isn't trading.It's a gambling addiction.Just stop trading and seek for help.
The so called "positive energy" is just dopamine that your brain is producing in high amounts,when you are winning.You get addicted in that process.I simply don't understand people,who use margin trading.
Margin trading is kinda designed to make you lose.
[/quote]


Yeah you had a point, if you are greedy and always want to get high profits or example want to get a 100% of profits is the called gambling because 100% profits are very impposible in trading they gamble their money because of greedy.

[samcrypto]

Hey guys, I noticed that I always seek for high profit and point is that I still trade 25-50-100x. Then I lose deposit and then repeat once again.
Sometimes I gain a lot, like 10x and it gives me positive energy.

But I realise that trading with high leverage is a disaster. How to stop doing that?

Trading is risky and you can also lessen that risk if you train yourself how to become a good trader. There is something wrong with you for sure that you need to figure it out, and start improving it. You can't lessen the risk on trading because its normal in the market. Try to trade with a lot of strategies and do it continuously. I also lose on trading but I tried to minimize it by making a lot of research before i  trade.

[glendall]

trading using leverage is not much different from gambling, the more likely the loss is, the greater the winnings obtained, it is gambling law.
my advice is that you should leave trading using laverage, and always remember that losing is not profit.

[Capt00]

Once we engage in crypto trading, we are actually taking the high risk at the same time. If we are afraid to lose something, I may say this is not the right place for us. It has to understand that risk will correspond losses as well as profits. The only problem is that we always wanted to earned and not to accept losses. It is not about the strategy we used but it all about how we manage our self and think of all the possibilities in trading.

There is no wrong if we used leverage trading, just only be sure that we know how to use this and accept the consequences may it happen later.

[Polar91]

Hey guys, I noticed that I always seek for high profit and point is that I still trade 25-50-100x. Then I lose deposit and then repeat once again.
Sometimes I gain a lot, like 10x and it gives me positive energy.

But I realise that trading with high leverage is a disaster. How to stop doing that?

Shift to a trading platform which doesn't offer leverage feature. It's not an easy step since you'll find it boring at first since things doesn't work intensely as you're doing before. It's like you're stepping down from the place you've been already taken. On the other hand, nothing is wrong in changing your strategy since every traders has different flaws with regards to their game plan.

[mitchr4]

Hey guys, I noticed that I always seek for high profit and point is that I still trade 25-50-100x. Then I lose deposit and then repeat once again.
Sometimes I gain a lot, like 10x and it gives me positive energy.

But I realise that trading with high leverage is a disaster. How to stop doing that?

There is nothing wrong with Leverage in trading and no matter which trading strategy you are using, using high leverage is not the main thing that can be done. The important is that you play safe by being able to manage money and manage risk.

[Ucy]

Do you trade leverage regularly? How is your overall trades so far,... Little profits, Huge losses. Little losses, Huge profits or something in between? These are things you should consider before you continue trading on leverage.
Leverage trading is too risky. I guess you could also try youtube for helpful video on avoiding too much risk associated with leverage trading

[HarmonyA]

Hi risk yield high profit sometimes, but it have to be well calculated for you not to lose your capital. As already testified by you, there was much profit when you invested hugely. Learn more about trading, and set your margin considering all abnormally

[redsun114]

This is more like gambling than trading if you ask me. Dude is literally gambling his money away on leverage and loses his money and tries again and time to time he makes a bit so he gains confidence but thrn keeps on losing. Tell me that doesn't sound like gambling to you, to me it does sound like gambling.

Aside from that I feel like the trade itself is really not a big deal, its just a very disturbing reality that this guy doesn't know how to trade since he lost money multiple times and should stay away from trading for a while. If you are having trouble getting away from trading all together, just trade with less and less leverages first, then trade no leverage at all, then just pen an paper trading (which is not trading but more like prediction game) at the end you will stop doing it.

[MonsterV]

Point is that I became tolerate to losing funds and high risks. So now I can afford to lose even too big amount and other people money

Yesterday I lost my client deposit... It was like a trial period to test my strategy , I managed 0.1 btc of his deposit, I started with money management, small leverage, made like 10% of profit in first 2 days and then I switched to big leverage, shifting stop losses once price is getting closer,  emotional trading and lost everything!

This is because of the market volatility and remembers that you never controlled the market. This is what I think you've missed up, Technical analysis. You must have to change your strategy, I don't know if you are closely observing the market movement or just putting your trades without any trading tools that might help you. Cause if you don't, you are just simply putting your self at high(very) risk and pretty ended up losing.
You already have that struggles and I hope you learn something from that and tried to listen of what the other says.

Well, it's true that @OP trades with money that can afford to lose so @OP puts trades without any trading tools. This is normal for some people who have quite a lot of money, they like to play in trading. I think @OP must feel that money is limited to trading, so @OP is more careful in trading and analyzing carefully before trading.

[Oilacris]

Hey guys, I noticed that I always seek for high profit and point is that I still trade 25-50-100x. Then I lose deposit and then repeat once again.
Sometimes I gain a lot, like 10x and it gives me positive energy.

But I realise that trading with high leverage is a disaster. How to stop doing that?

Better to play gambling if you do treat leverage trading like that way. We know on how risky leverage trading is but we shouldn't come to a point that we are
doing it randomly or without any basis and being hyped up with fast returns.We can make money but it do corresponds on how we do make some good analysis.
You are just being dragged off with emotion boost up but on the way you are doing or acting seems like no different with a typical casino gambler.

[ene1980]

But I realise that trading with high leverage is a disaster. How to stop doing that?

If you really understand your situation then what is stopping you from changing that habit of trading with high leverage  . No matter how much advice you get from online random people you should take a break from taking high risk trades and have some fun for some time and have a rather cool mind set and if you still cannot change that make sure you consult a Psychologists .

[maydna]

Guys, I really appreciate your support and I couldn't even imagine to see plenty of answers on my topic.
Thank you so much, I will try to cope with my emotions and start more conservative trading

You will have so many recommended idea to solve the problem that you face so you can learn one by one from what other members suggest. But you should learn how to control your emotion because that will be an important thing that you should in trading. You will find that doing trading will need a big effort and it's not easy because you need to spend your time to analyze one by one of the coins available at the market. And if you can find the potential coins in the market, and you already buy at a low price, then you will be able to make a profit in the future. Don't forget to know how much money you will use to trade and identify when the best time to leave the market.

[Bisbee]

Risk gives us strong emotions as a result of which we cannot stop taking risks. Many people know this feeling when you see the opportunity to get high profits and take risks. But it is precisely a successful transaction and an increase in the deposit that push us to take risks again, but this is part of our life, so I do not see anything wrong with that. But if your risk brings only losses, then you need to refuse it, because the risk should be profitable.