Visbay
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January 06, 2020, 03:15:35 PM |
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If I lose in a trade, it is okay for me as long as the loss is up to 10% only. There are really trades that are against to my bias so for me it is normal to lose sometimes. I also keep learning different ideas and knowledge from my losses. Loss are good to me because it makes me a better and improved person. There are traders who keep losing big amount of money because of they are not good in terms of risk and management.
losing is normal, I also often lose large amounts before but it all becomes a lesson to be better. after that, I always apply the cut loss strategy to my trades and the maximum is 10%. Cut loss management is very useful for minimizing greater losses. Yes, it's normal if you lose some money but the important thing is to keep learning if you make mistake and it gives you lose so it means not to repeat that mistake and learn from it. In trading, we earn with risk so face the risk and avoid lose but gain knowledge about trading as much as possible.
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FLoving
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January 06, 2020, 03:25:47 PM |
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I had 19 losing years before I finally became profitable. I gave up several times, but always ended up coming back. I lost totally $10,000 and the biggest one was $2,000. It's not easy. It's a long, difficult journey, and most people won't make it. I'm glad I didn't give up because now I'm a full-time trader (in cryptocurrency i am a holder at most time), and making a comfortable living, able to live anywhere in the world. If I had to do it again, I would use smaller accounts. I should have just used $200 accounts, not $2000 accounts. Keep your positions small until you know what you're doing and Don't be greedy!
You have a great stamina that you are still doing trade after losing a huge amount in trading. I was also a trader and started my trade in 2017 in the year when trading was much easier and even kids can earn in that year but after that when we entered in 2018 everything became harder and then I started to lose my money and then I considered that I have to stop full time trade and I started some other jobs to earn money. I am now waiting again for the time like the end of 2017 and will start again full time trade.
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Negotiation
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January 07, 2020, 01:13:30 PM |
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It is normal for us to lose business in agreeing with you so we need to manage our trade and capital in a fair way We need to move forward with experience from the damage we do We must be careful about investing and we must go ahead with education on how much we lose.
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bettercrypto
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January 07, 2020, 03:36:08 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. [/quote I lose my patience. Lol.
Whenever we trade, we always lose. It's part of it. Just like a game. There is no always a Christmas so don't expect as if lucks run everyday for us. We need to accept the idea that losing in a trade is normal. Because if we make it as a problem, the confidence in our decision and execution will be affected. Its good to lose, atleast we know how to ride again for the next time.
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Triffin
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 07, 2020, 05:23:38 PM |
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If I lose in a trade, it is okay for me as long as the loss is up to 10% only. There are really trades that are against to my bias so for me it is normal to lose sometimes. I also keep learning different ideas and knowledge from my losses. Loss are good to me because it makes me a better and improved person. There are traders who keep losing big amount of money because of they are not good in terms of risk and management.
losing is normal, I also often lose large amounts before but it all becomes a lesson to be better. after that, I always apply the cut loss strategy to my trades and the maximum is 10%. Cut loss management is very useful for minimizing greater losses. Yes, it's normal if you lose some money but the important thing is to keep learning if you make mistake and it gives you lose so it means not to repeat that mistake and learn from it. In trading, we earn with risk so face the risk and avoid lose but gain knowledge about trading as much as possible. You are right in trading we will risk all the time but we must know how to earn money even in this risk. We should not panic and keep holding. If you once lose some money in trading it means you did something wrong then find out your mistake and correct it or learn from it. Trading needs skills so keep learning it will be helpful for you.
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wildan88
Legendary
Offline
Activity: 1862
Merit: 1046
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January 08, 2020, 04:21:40 AM |
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If I lose in a trade, it is okay for me as long as the loss is up to 10% only. There are really trades that are against to my bias so for me it is normal to lose sometimes. I also keep learning different ideas and knowledge from my losses. Loss are good to me because it makes me a better and improved person. There are traders who keep losing big amount of money because of they are not good in terms of risk and management.
losing is normal, I also often lose large amounts before but it all becomes a lesson to be better. after that, I always apply the cut loss strategy to my trades and the maximum is 10%. Cut loss management is very useful for minimizing greater losses. Yes, it's normal if you lose some money but the important thing is to keep learning if you make mistake and it gives you lose so it means not to repeat that mistake and learn from it. In trading, we earn with risk so face the risk and avoid lose but gain knowledge about trading as much as possible. You are right in trading we will risk all the time but we must know how to earn money even in this risk. We should not panic and keep holding. If you once lose some money in trading it means you did something wrong then find out your mistake and correct it or learn from it. Trading needs skills so keep learning it will be helpful for you. I'm sure everyone has lost money in trading, but of course we will be hard to avoid losing it because we can't predict precisely, but in my opinion the most important thing is to minimize the risk of losing as little as possible, such as applying cutloss to avoid big loss. such as what is happening right now, before bitcoin rises to 8300 I hold altcoin, and fortunately, I have sold it and lost 5%, if not cutloss I will lose 30%.
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wxa7115
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January 09, 2020, 06:36:35 PM |
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If it is based on my trading history, I always set a maximum 10 percent loss for my trading when I have a losing trading and after the negative profit hits 10 percent I will immediately cut my position so I can mitigate the loss without any emotion and just stick to my strategy. Eventually, due to my greed and not having a clear trading plan, I lose at least $5,000 in my entire trading journey.
It seems like the mistake in your strategy was the massive losses that you were willing to take, it is recommended that you only risk 1% or 2% per trade, if you risk 10% per trade then you only need a few losing trades to be in a terrible position and you may come to the point in which you will be unable to follow your strategy anymore and you will be more susceptible to make mistakes. Finally you admit that you did not had a clear trading plan and that is a huge flaw as well, especially when the consequences of making a mistake when you are trading can be so devastating,
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Mpamaegbu
Legendary
Offline
Activity: 2814
Merit: 1226
Crypto Casino and Sportsbook
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January 09, 2020, 07:30:10 PM |
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Loss is a part of gain, metaphorically speaking. It goes to show the saying - No pain, no gain. No trader can truthfully boast of not having losses trading. It's not possible. Even whales do make bad calls from time to time. But what matters the confidence and ability to recover from the bad call made.
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Joyawan13
Full Member
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Merit: 100
elysian.finance
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January 10, 2020, 05:33:37 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.
I say the trade loss that I have been doing since 2017 until now has estimated my loss of around 2500 $, but I do not regret it, because I still trade it until now, even though it may be difficult for me to be able to get a profit now, but I hope that in the years to come I will be able to recover the losses that I am experiencing at this time, and I hope to get even greater profits.
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onrise
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January 10, 2020, 06:47:43 AM |
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Loss is a part of gain, metaphorically speaking. It goes to show the saying - No pain, no gain. No trader can truthfully boast of not having losses trading. It's not possible. Even whales do make bad calls from time to time. But what matters the confidence and ability to recover from the bad call made.
Higher the risk higher the rewards and so is the risk factor which goes without saying . Something are in our hands to cut losses like not to sell during panic mode , buy during the falls and sell when you reach your goal without you becoming more greedy etc. Such basic things helps us to cut some losses .
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sisule
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January 10, 2020, 07:22:17 AM |
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Loss is a part of gain, metaphorically speaking. It goes to show the saying - No pain, no gain. No trader can truthfully boast of not having losses trading. It's not possible. Even whales do make bad calls from time to time. But what matters the confidence and ability to recover from the bad call made.
Higher the risk higher the rewards and so is the risk factor which goes without saying . Something are in our hands to cut losses like not to sell during panic mode , buy during the falls and sell when you reach your goal without you becoming more greedy etc. Such basic things helps us to cut some losses . Every investment side always have risk but if you looking investment way low risk is only saving your money in gold and never looking with bitcoin and altcoin become your investment, I think when you investing your money with bitcoin have ready when your assets back with lower price and loss much money but with bitcoin investment I ever loss and get profit.
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Triffin
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 10, 2020, 06:29:00 PM |
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Loss is a part of gain, metaphorically speaking. It goes to show the saying - No pain, no gain. No trader can truthfully boast of not having losses trading. It's not possible. Even whales do make bad calls from time to time. But what matters the confidence and ability to recover from the bad call made.
Higher the risk higher the rewards and so is the risk factor which goes without saying . Something are in our hands to cut losses like not to sell during panic mode , buy during the falls and sell when you reach your goal without you becoming more greedy etc. Such basic things helps us to cut some losses . You are right if you once earn in trading then you become so happy and you can trade again but people should remain strong in case of lose as well because where there is profit there will be lose as well and people lose in trading for their own mistakes so if you lose learn from your mistakes and again stand up to trade in even better way.
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tungaqhd
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January 11, 2020, 06:14:03 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.
There are some months that i lose money in trading because my strategies aren't suitable with the market. I lose 300-500$ but it doesn't matter, try to fix it and earn some profit next month.
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hendra147
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January 12, 2020, 12:03:49 AM |
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So Everybody like to talk about winning and profits.... But traders honestly how much You are losing?
If i count my total lost in trading arround 5btc and my total lost when get hacking 4btc I know its not small amount, if i remember it, im very sad, but i must continue my life. I hope i can get profit again and recovery my lost
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lienfaye
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January 12, 2020, 05:26:35 AM |
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If i count my total lost in trading arround 5btc and my total lost when get hacking 4btc I know its not small amount, if i remember it, im very sad, but i must continue my life. I hope i can get profit again and recovery my lost
Thats a huge amount really. In my case I didnt count my losses in trading but if I estimate it I think its less than 1 btc. The causes for this mistakes are not selling when needed and buying the wrong coins for believing those who shill the coins for their own good. Well its all in the past and cant do anything about it but to move on.
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Inkdatar
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January 12, 2020, 08:53:46 AM |
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So Everybody like to talk about winning and profits.... But traders honestly how much You are losing?
In trading we experience losing money and if I remember it was around 0.1btc only. This was of having a mistakes when investing in a coin not profitable in the market. Also, the mistake of being impulsive buying a certain coin at a high price. Anyway, learn lessons during those days when doing trading then next time to set a plan before investing in crypto.
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Karmakid
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 12, 2020, 03:28:30 PM |
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So Everybody like to talk about winning and profits.... But traders honestly how much You are losing?
In trading we experience losing money and if I remember it was around 0.1btc only. This was of having a mistakes when investing in a coin not profitable in the market. Also, the mistake of being impulsive buying a certain coin at a high price. Anyway, learn lessons during those days when doing trading then next time to set a plan before investing in crypto. It is true that we should have a plan before trading or investing in cryptocurrency because a plan will guide us based on our checklist if it is already a good idea to enter or take a risk. While you are trying different strategies in investing or trading, it will be a big help for yourself if you will also spend money in education like courses and paid seminars to enhance your knowledge.
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fireball4
Sr. Member
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CryptoTalk.Org - Get Paid for every Post!
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January 12, 2020, 10:44:20 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.
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adroitful_one
Legendary
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1GhxHtabWhEpdb7e7oEJ2vd542n33BwTHR
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January 13, 2020, 02:57:29 AM |
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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.
Not every trade will be a profit. That's just something you have to accept as a trader. However, it's not really even a big deal. If you cut your losses soon enough, you can actually make all of it back in the next trade or two. I have had several trades that I just gave up on after them sitting and not moving hardly anywhere. I ended up making all of the loss back in the next trade or two and I don't even remember any of them anymore. Just don't take it too hard and move on.
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Pamadar
Legendary
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Activity: 2982
Merit: 1028
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January 13, 2020, 04:59:47 AM |
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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.
Not every trade will be a profit. That's just something you have to accept as a trader. However, it's not really even a big deal. If you cut your losses soon enough, you can actually make all of it back in the next trade or two. I have had several trades that I just gave up on after them sitting and not moving hardly anywhere. I ended up making all of the loss back in the next trade or two and I don't even remember any of them anymore. Just don't take it too hard and move on. Yeah, if you plan well and make a good decision making each position can bring you benefits, though there's no perfect patterned but it will help gives you a good glimpse once you keep trying to enhance and adjust from time to time. Loses are part of this business but it shouldn't be the big portion of it, keep studying and you'll see the big outcome.
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