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Author Topic: So traders, how much You lose?  (Read 2852 times)
EdenHazard
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November 21, 2019, 03:38:29 PM
 #81

I'm generally in the green for trading, though I mostly lost money when I started trading simply because of a lack of knowledge and experience in trading, though I've managed to make that back and more over time as I was able to better understand the basics in trading and as I developed a more structured trading and risk management plan. Most of the profit I've made through cryptocurrency is still attributed to holding like many people here, though, as I was able to accumulate a large amount of my current holdings during 2016 and I still have most of that coin, though I've sold it little by little.

There's still days and even weeks where I lose money because that's just the nature of trading, but it's unlikely I'll ever start truly losing money because of my current trading and risk management plans.
Good for you , you are the rare trader who in most research says only 10% succeed making profit.

But if you mean by 'currently in the green' then me too. I was down in red for months nearly 1 year and finally up again just few weeks ago taking several advantages on the market swing .
Right now the market swinging really quick... I'm out of the game for a while now due it's really going down like a death cross formed. Becareful everyone.

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November 21, 2019, 04:14:14 PM
 #82

You are actually not losing any money if you are not actually selling them at a loss.
I would rather prefer waiting for a long time than to sell at a major loss considering the potential of the particular asset and the circumstance due to which the asset is in a loss in the current market.
I had just lost a minor portion of my investment in the beginning days of trading until I realized this fact and since then I guess I am doing pretty well.

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November 21, 2019, 04:25:49 PM
 #83

You are actually not losing any money if you are not actually selling them at a loss.
I would rather prefer waiting for a long time than to sell at a major loss considering the potential of the particular asset and the circumstance due to which the asset is in a loss in the current market.
I had just lost a minor portion of my investment in the beginning days of trading until I realized this fact and since then I guess I am doing pretty well.

Yes agree with you, if we will be just chill and relax when the price of Bitcoin dropping then we forgot to convert it to USDT then it will be fine for me for as long as you will not sell them at loss due to panic, as we all know, the price of cyrpto goes up and down like a roller coaster so it is not yet the end and we can still sell them at a good price, we just need to wait again for the right time to sell.
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November 21, 2019, 04:28:58 PM
 #84

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.
Beginners loss is common and all people do came to that situation yet noobs will still have that lack of knowledge that's why we do mess up on initial tried.
How much did I lose up? I cant count but im sure that I lost up some significant big amount but well it doesn't matter yet those mistakes do teach me to be a
better trader.It doesn't count actually and the important thing is that you do learn and trying up to cope or break even those loses and be profitable on long term.

R


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November 22, 2019, 07:39:53 AM
 #85

Actually I don't count the losses because it will make us more sad than what we are supposed to do,even stopped checking the bitcoin prices but saw price of bitcoin fell further below from $8K level so I am worried about we are reaching to $6000 again?

I am just a long term trader from now so losing will not be a problem because I am going to hold until the price increases.

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November 22, 2019, 11:11:29 AM
 #86

When Price stay too Long stable then You Know it Will drop Down!! 
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November 22, 2019, 10:52:07 PM
 #87

I don't know the right numbers on how much I lose because although I can see on the trading history, I think that is only small portion numbers that I already lost. But I guess I still in the profit because in 2018, when bitcoin price increase, I am in a big profit, so I think my lose still small depends on my profit. I don't want always to check how much my lose because that will makes me think about the loss, and sometimes I can lose my focus in trading. So I think we can check our lose in some time and continue to focus on trading to make a profit.

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November 23, 2019, 03:09:56 AM
 #88

Actually I don't count the losses because it will make us more sad than what we are supposed to do,even stopped checking the bitcoin prices but saw price of bitcoin fell further below from $8K level so I am worried about we are reaching to $6000 again?

I am just a long term trader from now so losing will not be a problem because I am going to hold until the price increases.
Hey man,if you don't sell you are not loss.because you are holding.even there is a hope that you will make profit.so you are not loss Till you hold.

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November 23, 2019, 04:42:50 AM
 #89

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.

Speak about loss is never become good topic, no one will show you the right data. I believe everyone already face that situation but some of them take bad decision to quit. No matter how much money loss but you really need to fix mindset and strategy, that we need to repeatedly. I already loss 40% from my fund but keep trying is the best I can do, you?

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November 23, 2019, 05:08:55 AM
 #90

So Everybody like to talk about winning and profits.... But traders honestly how much You are losing?  Daily weekly Monthly? 
If you are looking at a business aspect of things, all the negative markets are giving me a huge loss even though i am not trading in the short term but in real terms as long as i am not selling the coins when the market goes down and as long as i am not selling below the entry point i made in BTCitcoin,  i am not having any loss.

Im sure the Beginners lose coz of FOMO.
Why would the beginners loose because of fear of missing out  Roll Eyes. If they have done any form of trading in their life they very well know that the market will recover unless and until there is some issues with the technical aspect of things, we are not facing any of these and hence there is nothing to worry.
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November 23, 2019, 05:45:49 AM
 #91

losses can hit anyone in trading, I see a lot of traders who are honest or dishonest still experience defeat. just how we manage it and also manage our profits, so that defeat will not be obtained continuously. because with defeat we will only get losses

Yes, you are right anything can happen in trading and it is unpredictable whether we are going to recover the loss. Trading is unpredictable because every time it is impossible for a trader to make profits, traders will not share their loss. Sometimes it is impossible to predict the prices about the coin and it will make you lose the coins.
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November 23, 2019, 07:05:38 AM
 #92

Actually I am not losing anything if the price of bitcoin is not in the favor of making profits then I will stop my trading activities and turns out into a hodler so I will save myself from losses right? But losses are inevitable in crypto even if you don't do anything you still may lose because of price changes.

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goaldigger
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November 23, 2019, 07:23:06 AM
 #93

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 lose before when I’m trading because of too emotional but right now, I’m also loosing money as a hodler. Well, the market is pretty volatile right now and FOMO is not good to anyone. Traders lose so much money for being a reckless trader, the pump and dump is good but not all trader sees this an opportunity. Well, i didn’t trade anymore at least a day trading, I’m still waiting for the bull to happen.

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drlukacs
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November 23, 2019, 09:50:28 AM
 #94

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 was involved in trading 1 year ago and the first time was really hard for me. The indicators are easy to memorize, but when applied I get psychologically confused and often make the wrong decisions. Of course, I lost over $ 2k on my first trades but I didn't give up. I found out my mistakes and tried again to achieve my achievements now. In addition to losing a lot of money, you also face stress and monthly bills. This is a really stressful job.

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jazmuzika217
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November 23, 2019, 09:50:55 AM
 #95

If we talk about lose, I think many of crypto users specially newbies can be relate about this topic. In my own experience if you ask how much I lose it is huge. In my first year of trading I lose as much $800 aside from the income from my bounty so we can say that my lose hit up to $1000. But as a business minded I won't look at my lose but opportunity and learning is always on my mind.
wajik-tempe
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November 23, 2019, 09:53:37 AM
 #96

If we talk about lose, I think many of crypto users specially newbies can be relate about this topic. In my own experience if you ask how much I lose it is huge. In my first year of trading I lose as much $800 aside from the income from my bounty so we can say that my lose hit up to $1000. But as a business minded I won't look at my lose but opportunity and learning is always on my mind.

Not just a newbie can relate about losses even the professional traders experienced losses and i'm sure losses are their best friend because in crypto it's not about winning the trade every time but we have to maintain our losses and make sure our profits is more than our losses. So, the risk management is the key of cryptocurrency trading. And don't be afraid of losses because it's a usual thing in crypto
Landak
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November 23, 2019, 05:38:34 PM
 #97

If we talk about lose, I think many of crypto users specially newbies can be relate about this topic. In my own experience if you ask how much I lose it is huge. In my first year of trading I lose as much $800 aside from the income from my bounty so we can say that my lose hit up to $1000. But as a business minded I won't look at my lose but opportunity and learning is always on my mind.
Not only newbie, even professional traders can sometimes experience losses too. And yes, from the experience of losses we can learn and be able to inspect ourselves when trading the next day so as not to lose again, you are absolutely right.

if I look back, I also suffered a large number of losses on trading in early 2018, capital was 0.8 btc and lost around 0.4 btc (I forgot how many dollars at that time), this was due to trading on the erc20 token  Cry

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adaseb
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November 23, 2019, 06:14:28 PM
 #98

Most traders about 99% lose money and maybe 1% or even less than 1% are the ones making a profit. If you want you can see my thread on Bitcointalk located at ,
https://bitcointalk.org/index.php?topic=5203945.0

Which basically discusses how in the last 7 days the whales made over >100 BTC while most traders ended up getting liquidated.

If a whale makes 1 BTC most likely its 1 whale which takes about 0.01BTC from the smaller traders. This is not only common in Crypto its very common in the stock markets too.

I know many friends who only long stocks and its been a crazy stock market for the last 10 years and yet they haven't made a dime, why? Because its the instituional traders which take their profits. Even blue chips stocks like Amazon, Facebook, Apple, have periods of huge drawdowns which makes most traders crack under pressure and they sell at a loss while the large banks end up buying their stocks cheap.

Trading is not easy if it was then everybody would be doing it instead of working full time somewhere.

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drachman
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November 24, 2019, 03:54:23 AM
 #99

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 lost a lot  Cry  I lost because of being undisciplined and not in focus, and most of all I hate using stop loss.
I know that I should know better now but I don't know why I'm very naive so I paused in trading for now.

This is the right decision, when you have lost so much money what you need to do is to take a break and begin to try to find why this happened, in your case it seems you have everything very clear, you were undisciplined with your trading and you refused to use a stop loss, one of those mistakes on their own will not be as bad but the two together were critical, from now on if you do not want to lose more money never forget how much it cost you to learn this lesson and never do this again.
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November 24, 2019, 04:07:45 AM
 #100

There is no perfect trading setup that exist, it is a reality that all of the traders who experience loss. I know a lot of setups but still I keep losing in trading, but the loss that I experience is only small because of my good risk and management.
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