EliteCrash
Member
Offline
Activity: 118
Merit: 31
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December 18, 2019, 07:01:08 PM |
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Well the recent BTC dip add me dip out for a bit cause the losses were adding up a bit too much. I will probably buy back in at a later date when its on the climb back up. I respect all those who remain stead fast holding their coins right now.
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DainSLane
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December 18, 2019, 09:59:25 PM |
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We cannot avoid this losing in trading we always like that have mistake even if some expert in trading they do the same on us. I cannot tell yet for now on how much that I lose in trading, It was a private for me now and maybe in the time Ill earn enough in trading I will tell everything and no hiding in how many I lose in trading.
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huige007
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December 19, 2019, 04:02:09 PM |
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I'm aware to the risks that I taking in trading and I know thay my money is not safe in trading. I'm a type of trader who do not put all eggs in a basket so meaning that I have good risk management. Loss are unavoidable so even a professional traders also experiencing losses. I also experiencing losses but it is only small because of my risks management where I do not go all in when I do trading.
You shall also discuss your risk management strategies and tricks with others here on the platform because we have often seen new traders complaining about their losses and lack of guidance. You will not lose anything but they are going to gain a lot with little help from you. Well this is a general technique of not investing into one coin your all money but this is so general. Discuss detailed things.
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Itsmylife
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December 20, 2019, 07:55:13 AM |
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At the moment, the total amount I lost is $ 30k in 2 years. I am not a trader, but am an unlucky person to buy and hold money instead so I cannot keep my money in a downtrend.
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barabarian1
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December 20, 2019, 04:40:19 PM Last edit: December 20, 2019, 04:51:12 PM by barabarian1 |
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in trade there will definitely be advantages and disadvantages. I think that every trader must have suffered losses, as well as traders who have been successful, surely they have also experienced losses on the way to achieving success. and I also strongly agree if most traders lose because of FOMO. I myself also suffered a loss when at that time I held one of the altcoins and I only relied on the trend of the coin market which was very good and the price kept going up, fortunately I only bought with not too much capital and tried to hold the coin. and finally I lost more than 50% of the initial purchase. and everything that I experienced that I made lessons and experiences. in my opinion, it is very careless and dangerous if someone buys coins and trades because of Fomo.
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Jiyens3
Sr. Member
Offline
Activity: 826
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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December 20, 2019, 05:01:34 PM |
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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 don't know, i not count it. but i think my profits more high than my losing so its makes i still standing strong here to be a traders.. count your loses just to be disappointed and can not bring spirit for the next trade. lose in trading is normally, just learn more from your loses more learn about analysis so it can makes your survive than you just count your lose
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Barbut
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December 20, 2019, 07:30:04 PM |
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I lost some money trying to day-trade in the beginning. That is not for me, I tried to follow some signals, to make some analyses, nothing worked for me. I lose money, then I get in some new trades and I lose again like it was a conspiracy when I buy prices go down when I sell prices go up. My timing was a disaster! After that, I started with mid and long term trading. It's where I made a profit, where I make a profit now. I buy when market is down, as its happening now, and I simply wait for months, I have some coins I keep for more than a year.
You look confident with mid-term trading, but there's nothing wrong with the short term, you just need to do more research to really know what needs to be justified, or not done, most of the experience that I read is about emotions in responding to prices daily, so indirectly it has an impact on assets. For losses, it is still relative and does not need to be shown, I prefer for what has been learned. I didn't say there's something wrong with short term trading, or day trading. What I said is that kind of trading is not for me. I tried to do some researching, tried to follow others, but nothing worked for me, I make a couple of good trades, then with the next couple trades, I lose more than I earned, overall I just lost money. I'm confident with coins I invest in. I choose carefully in which coins to invest, and which time. With mid and long term trading my goal is at least x2, and with some coins, I wait for a much higher profit before I sell,
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dark08
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December 20, 2019, 11:06:04 PM |
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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 dont know how much money I lose by doing trader all I know I learned a lot by those mistake in reality you will experienced so many losess by there will be one big win that you will get by those lose. I'm not an expert trader but because of those mistake I make my own trading plan to less losess and make more gain.
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pundit
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December 21, 2019, 03:52:48 PM |
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Losses are the part of trading. Honestly speaking I have lost ample to my capital in trading. Even today after an experience of 8 years in trading I lose many times when I break the rules. Trading is not about losing but its about being disciplined. If a trader trades with discipline he/she can avoid losses and have more winning trades. Losses can be reduced by planning a trade and be disciplined in executing it, accept what market gives you, do not fight with the market.
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drachman
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December 22, 2019, 02:42:37 AM |
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Can't remember with how much lose in trading because many time I bought always have lower price, last day I trade with CND coin but have faced loss again after price dump and not get profit, still holding and waiting when CND back with higher price and I not cut lost because I can take profit when CND back with higher price.
While I sincerely hope that you do well in your trades I am worried because you said that you did not cut your losses, whenever I read stories about people losing all their money in the markets what I see most of the time is that people that suffer a loss instead of accepting it, cutting their losses and moving on decided that they wanted to wait until the market recovered and instead of taking a small loss they had to take a huge loss after it was obvious that the coin in which they invested will never recover.
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Harriti
Sr. Member
Offline
Activity: 756
Merit: 256
HEX: Longer pays better
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December 22, 2019, 03:27:19 AM |
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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 number you won't imagine. I started trading in 2 years ago, having a lot of difficulties in the beginning. The amount of knowledge is enormous and you have to learn and practice it a lot on charts, done! and you have gone through 1 simple step, then you will have to dedicate your money to the market when you trade without controlling your psychology. I was once angry when the market kept hitting my stoploss and then I wanted to recoup my capital with leverage x100. then the market went against the mainstream and I lost everything. In summary, during the first 2 years of my trading was all losses, I lost over 30k $ and 2 years of time.
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Janation
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December 22, 2019, 03:34:23 AM |
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Well the recent BTC dip add me dip out for a bit cause the losses were adding up a bit too much. I will probably buy back in at a later date when its on the climb back up. I respect all those who remain stead fast holding their coins right now.
I am losing too but I don't mind holding some of it since I already sold before the dip. I don't remember where I've seen it, all I know is that post saying we should remain vigilant to the changes happening as the halving is closing, when I saw the price dropping, I immediately sold mine. It is a good decision but not the best since I am also late selling them so I am also hoped that I sold it earlier than that. Losing is natural but don't give up.
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Karmakid
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December 22, 2019, 03:35:35 AM |
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Losses are the part of trading. Honestly speaking I have lost ample to my capital in trading. Even today after an experience of 8 years in trading I lose many times when I break the rules. Trading is not about losing but its about being disciplined. If a trader trades with discipline he/she can avoid losses and have more winning trades. Losses can be reduced by planning a trade and be disciplined in executing it, accept what market gives you, do not fight with the market.
I agree with this. That is the reason why a lot of people are losing money in the market because they keep resisting from the data that the market is giving to them. The charts and the data that we are seeing from the market should be the guide to decide if we will cut our loss or if we are going to continue holding our position.
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Xxmodded
Sr. Member
Offline
Activity: 2296
Merit: 315
SOL.BIOKRIPT.COM
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December 22, 2019, 04:44:27 AM |
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Last three years I become active in trading I think keep balanced between profit and lose. For fist time looks hard to understand with trading and how to get much profit but after one month later I have understand all about how t get profit with bitcoin and I think keep get much profit by trading in bitcoin than with my lose, but I will increase to get much profit again in the next time.
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kotajikikox
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December 22, 2019, 05:33:15 AM |
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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.
maybe i can add being holders also?lol because i believe that Holding is a form of trading though it takes longer time before the action has been made. as of now?yeah i am at losing position(if i will value my capital and compared to the value today)but since i am still holding the currency meaning i am not really at loss instead in waiting mode.
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The-Devil
Jr. Member
Offline
Activity: 42
Merit: 104
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December 24, 2019, 05:24:08 AM |
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There may be a loss in trading. But usually, I do not always count the losses. Because the calculation of the loss will lose interest in trading later. So I try not to count the loss. However, accounting for a loss is good in one direction because keeping the account of the loss can be traded more carefully later. But I didn't lose much because I trade very little.
Thanks
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@PrimeNumber7 is an alt account of @Quickseller
Here is the proof: https://bitcointalk.org/index.php?topic=5215097.msg53538429#msg53538429
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Xxmodded
Sr. Member
Offline
Activity: 2296
Merit: 315
SOL.BIOKRIPT.COM
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December 24, 2019, 07:19:24 AM |
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I not use from my saving money and I think is not worry about how much money have loss with trading in bitcoin and altcoin, so far almost my source investment from joining bounty campaign and use half to trade with some altcoin and for buying ICOs or IEOs, almost worth bounty campaign have higher payment and I use for salary to start trading and investing with ICOs project.
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wxa7115
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January 01, 2020, 06:16:42 PM |
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Last three years I become active in trading I think keep balanced between profit and lose. For fist time looks hard to understand with trading and how to get much profit but after one month later I have understand all about how t get profit with bitcoin and I think keep get much profit by trading in bitcoin than with my lose, but I will increase to get much profit again in the next time.
You are not in such a bad position, some may think that after three years of trading and not obtaining any profit will be a bad place to be but that is wrong, you are close to getting the result that you want, analyze each trade that you have ever made and if you do not have records then trade other markets in the same way that you could have done and look for your mistakes. Most of the time what happens is that people hold for too long their trades and they get more losses than they should and they get less profits as well so you need to check very well what is your exit strategy and how it can be improved.
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makolz26
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January 02, 2020, 02:51:30 PM |
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In investing, everyone will feel the loss and not always get a benefit, but when doing the same thing, the loss will be a lesson and learn as a Person not to make the same mistakes. Never give up when losses are on your side and keep trying to be a good and right trader, and learn all well and don't be shy to ask those who have learn and keep trying to find good information in investing for consideration and decision remains in us and our own conscience, and that's my experience and forgetting losses and always remembering motivational mistakes.
Yes no one invested with no losses at all, for sure even experts encountered any losses and I think that it s just normal especially if you are just a newbie or beginning your career in investing, whether you are doing short term, long term or even day trading, but what's not normal is if you keep doing mistakes all over again.
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coin_1122
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January 03, 2020, 04:58:00 AM |
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Every trader will always look for profits, it depends upon the situation of the market. Of course, there are chances to lose money in trading, but we should trade them in a planned way because without analysis and techniques it is impossible for us to make profits.
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