So traders, how much You lose?

[drachman]

So Everybody like to talk about winning and profits.... But traders honestly how much You are losing?  Daily weekly Monthly?  


Im sure the Beginners lose coz of FOMO.

That is quite a difficult topic that you have selected since very few traders would like to talk about such subject, in my case I am not losing but I'm not earning any money either obviously this may seem like a waste of time to some but considering that I'm still learning how to trade the fact that I can breakeven is a step in the right direction, now the only thing that I need to do is to reduce the frequency and the size of my losses and eventually I'll begin to see profits.

[chaser15]

So Everybody like to talk about winning and profits.... But traders honestly how much You are losing?  Daily weekly Monthly?  

Im sure the Beginners lose coz of FOMO.

What's the purpose that we need to discuss how much we lose. Does it matter if someone will say they lose $ 500,000, $1,000,000 and more...

What we need to focus on is how to avoid that loss again.

The discussion should be how to avoid the losses but there are lots of threads about it already.

[Soots]

Im sure the Beginners lose coz of FOMO.

Well, that's normal and very understandable because committing mistakes is really inevitable especially in this stage where they still lack experience and knowledge. Another one of the reasons why newbies lose a lot is because of panic selling. Their hearts are not yet fully prepared or didn't expect how brutal our market that's why they tend to sell once and for all even due to small downtrends. Nevertheless, it's not what matters the most. We should help them grow and don't hesitate to tell pieces of advice for them to have guidance along their journey. Always remember, the happier each one of us (especially newbies) here, the more our community remains strong .

Having mistakes cannot be avoided if you're not having experience on things you didn't encounter. Basically it made us strong, so by the time you'll be mature enough on your decisions we won't fall losing huge amount of money in trading. It's not sure we will not lose, but at least at very little possibilities.

[MyIdeas]

So Everybody like to talk about winning and profits.... But traders honestly how much You are losing?  Daily weekly Monthly?  

Im sure the Beginners lose coz of FOMO.

What's the purpose that we need to discuss how much we lose. Does it matter if someone will say they lose $ 500,000, $1,000,000 and more...

What we need to focus on is how to avoid that loss again.

The discussion should be how to avoid the losses but there are lots of threads about it already.

You have a very good point in your comment. While reading your comment I also thought the same as you said but after a while I got that it is also important that traders discuss their experience. Discussing the losses and winnings is the same as if someone share his past experience to teach or show to the new traders that what situations are expected in trading.

[Coin-1]

If I sum up all my cryptocurrency trading activities, I can't say that I have lost my funds. On the contrary, I gained a significant profit. Of course, sometimes I sell coins that I bought at a higher price, because I often use the stop-loss orders, but such incidents occur quite rarely.

To avoid losses, trader should buy only promising cryptocurrencies. Now I advice to hold Bitcoin at least until its mining reward halving which will happen in about 6 months. I don't know if the BTC price will soar or not, but I'm pretty sure that Bitcoin HODLers will not suffer loses in the medium term.

[Cherylstar86]

Im sure the Beginners lose coz of FOMO.

Well, that's normal and very understandable because committing mistakes is really inevitable especially in this stage where they still lack experience and knowledge. Another one of the reasons why newbies lose a lot is because of panic selling. Their hearts are not yet fully prepared or didn't expect how brutal our market that's why they tend to sell once and for all even due to small downtrends. Nevertheless, it's not what matters the most. We should help them grow and don't hesitate to tell pieces of advice for them to have guidance along their journey. Always remember, the happier each one of us (especially newbies) here, the more our community remains strong .

Having mistakes cannot be avoided if you're not having experience on things you didn't encounter. Basically it made us strong, so by the time you'll be mature enough on your decisions we won't fall losing huge amount of money in trading. It's not sure we will not lose, but at least at very little possibilities.

It's definitely can't avoided especially those new user here in crypto currency community. Also, I don't think those traders will count their losses in which it's useless to count your losses compare to your profit. Well, having enough experience makes us mold to learn our mistakes just like our daily routine in life, we must aware the possibility to make mistakes and do the best thing as we can.

[NavI_027]

[snip]

[snip]

Having mistakes cannot be avoided if you're not having experience on things you didn't encounter. Basically it made us strong, so by the time you'll be mature enough on your decisions we won't fall losing huge amount of money in trading. It's not sure we will not lose, but at least at very little possibilities.

Very well said . Falling down along the road is part of everyone's journey but you should not stop moving because those are just challenges which makes our victory sweeter right after we reached our goal. Unless you already lose a lot of money or really don't see any improvements at all and as long as you love what you are doing, then there's no valid reason to stop ~ change my mind. Be careful always and happy earning everyone .

[jrrsparkles]

If someone making profits from trading means there is someother person who lost the profit, the amount you can lose depends on your affordability and capital you are using which could be completely different to other person.I am not doing trades so I never bothered to calculate the profit or losses with the current market price.

[JC btc]

If someone making profits from trading means there is someother person who lost the profit, the amount you can lose depends on your affordability and capital you are using which could be completely different to other person.I am not doing trades so I never bothered to calculate the profit or losses with the current market price.

Agree with you, that's why we should not trust every people as there were some hidden agenda especially in trading, most of the project would really do 'hype or will try to gain the trust of people and would say nice words for them to buy, and while people are buying the owners are selling, so we should always think before we decide our move.

[Visbay]

Very few people want to talk about failure, And they don't want to report the amount of money lost. In the beginning, me too, I estimate I lost more than 50% of my capital in the first 1 month I started trading. It was a difficult time when I kept thinking about the lost money.

Yes, good traders don’t want to keep those bad moments in their mind so they don’t talk about it. Lose is no big deal as we know to earn and lose both are part of our life so if you lose some money in trading just take it as a lesson and try not to repeat those mistakes. Every time I lose I only got a lesson and learned from it.

[crossabdd]

I've lost a lot of months. I trade in binance dex, around 150BNB, and I lose 30BNB. that's because of fomo (sorry I'm not a professional trader). then my funds moved to HitBTC, estimated to be around 10BNB reduced. but I don't sell my coins. and that I hold until the price rises high. but overall from the beginning entered the crypto world. I did not experience losses. because I started all from 0 (free) through the free bitcoin web provider.

[daarul50]

If someone making profits from trading means there is someother person who lost the profit, the amount you can lose depends on your affordability and capital you are using which could be completely different to other person.I am not doing trades so I never bothered to calculate the profit or losses with the current market price.

that is a misleading information , what kind logic is that? are you a gambling-based trader?

trading is a speculative business at the first place, failed to understand this principle indeed causing you thinking about that "when someone making profit , the others lose it" you just missing the fact that trading is not kind of zero-sum game.
if you are refering your statement to this zero-sum game then you are completely wrong.

even though everyone can not deny that 90% trader are suffering lost , doesn't mean trading itself is sucks , despite the high statistics , a successful trader make money much more than the  90% ordinary work. it always worth the risk.

[iv4n]

You win some, you lose some. I never managed to have a straight winning line in trading, but overall I think I made some decent profit. When you are here long enough you hit some good profit from time to time.
I like to trade and I use many pairs, depending on the price movement I trade on daily fluctuations and there are some nice pairs that moves all the time in the same ways. But occasionally some coin make a nice spike and if you catch that you can collect nice profit.

[Google+]

Most long-term traders suffer losses by the end of 2018, and I think many people are selling frantically at the time. in fact, I also suffered losses due to the falling prices that occurred at that time and sold some of the assets that I had. however, I did not count the losses I got. some people certainly do things like I do, because seeing the value of assets in the wallet alone is already stressful and dizzy 

I think traders who implement long-term trading only prefer to secure their assets while still holding it and not sell it at cheap prices because they know that selling their assets at low prices will only make a loss while the price of cryptocurrecny has the potential to increase prices, maybe that reason can be one of the reasons of all traders who implement long-term trading.

[leea-1334]

Most long-term traders suffer losses by the end of 2018, and I think many people are selling frantically at the time. in fact, I also suffered losses due to the falling prices that occurred at that time and sold some of the assets that I had. however, I did not count the losses I got. some people certainly do things like I do, because seeing the value of assets in the wallet alone is already stressful and dizzy 

Long term traders look at years, not months. IF you bought in 2017 and ended in 2018 you are not really a long term trader, especially since Bitcoin cycles last 3 to 5 years.

Besides, medium term traders also have stops so they would not allow their funds to go to -70% from 2017 to 2018! So not sure what you are talking about here my friend.

[Herry Toms]

I'm making constant money from the last 3 months but overall I'm still in the loss. But I don't think loss is something bad it is just a cost to learn this business. I hope I will continue with this consistency and recover my all previous losses.

[Polar91]

So Everybody like to talk about winning and profits.... But traders honestly how much You are losing?  Daily weekly Monthly? 


Im sure the Beginners lose coz of FOMO.

It's hard to tell specially if you've been trading for a lomg time. There is really no certain or average loss because everything comes unexpectedly and your expectations may not be met by what will actually happen in the future. In addition, look back at your loss but look for your profit thus you'll be inspired to trade with a good mind set and proper risk management.

[Hamphser]

I'm making constant money from the last 3 months but overall I'm still in the loss. But I don't think loss is something bad it is just a cost to learn this business. I hope I will continue with this consistency and recover my all previous losses.

Not that bad though because most of us really is still in the loss making some effort to genuinely grow your profit in a day, weeks, or even months. I am not a fan of counting my losses but if i could remember it i feel like I'm the worst trader. lol This market should start to be nice with me in the future because i can't bare to see my portfolio lined in red mostly.

[JC btc]

I'm making constant money from the last 3 months but overall I'm still in the loss. But I don't think loss is something bad it is just a cost to learn this business. I hope I will continue with this consistency and recover my all previous losses.

Not that bad though because most of us really is still in the loss making some effort to genuinely grow your profit in a day, weeks, or even months. I am not a fan of counting my losses but if i could remember it i feel like I'm the worst trader. lol This market should start to be nice with me in the future because i can't bare to see my portfolio lined in red mostly.

I will admin that I am still losing some from my trading, but compare to the profit that I made since I joined here cannot be counted anymore, I mean, I am still in profit although I lose sometimes, and I am aware that not everyday there is a good market, there were some days wherein the market condition is not good so setting up stop loss is a must.

[Apened]

So Everybody like to talk about winning and profits.... But traders honestly how much You are losing?  Daily weekly Monthly? 


Im sure the Beginners lose coz of FOMO.

I'm sure no one will say how much they loss or calculate everything that he/she loss. I admit i'm still losing because of my early decisions and i can show it because in that way i'm always learning and aside from that it is good to show even your loss because we're all human traders admit it or not there is a losing trade..